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Old February 7th, 2007 #1
James Woroble Jr.
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Join Date: Jul 2006
Location: New Jewsey
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Default The Great Dollar Crash of ‘07

The Great Dollar Crash of ‘07
By Mike Whitney

The massive equity bubbles which arose from artificially low interest rates and the deliberate destruction of the dollar by reckless increases in the money supply have shifted trillions of dollars from working class Americans to the predatory aristocrats at the top of the economic food chain. The gulf between rich and poor has grown so wide that it now poses a direct threat to our increasingly fragile democracy.

“Whatever future developments may prove to be, my best guess is that the US will continue to maintain a façade of Constitutional government and drift along until financial bankruptcy overtakes it.” Chalmers Johnson, “Empire V. Democracy: Why Nemesis is at our Door”

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Last edited by James Woroble Jr.; February 7th, 2007 at 03:26 PM.
 
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