This is a must-watch feature. Though a bit long, it is concise and informative. After you've taken the time to watch it, please leave a comment (by clicking "comments" just above) and let other readers know what you think. Thanks, guys.
BTW, credit should be given to Jonathan B. Melancon for introducing me to this piece of work.
--gh
Popular Posts
-
LIVING IT UP UNTIL YOU CAN'T ANYMORE Foremost, I have to warn you: this post is quite a bit lengthy. I am sorry, but each word is necess...
-
What is the magic number for defiant Republicans in the United States Senate? Well, it appears to be three . In the last week of April...
-
The Qualitative Fundamentals for Building a Best-of-Breed Enterprise By Gary C. Harrell Not all that long ago, Mashoud Rashama was living th...
-
THE WEEKEND INTERVIEW JANUARY 22, 2011 The State Against Blacks 'The welfare state has done to black Americans what slavery couldn't...
-
The New Oil Risk: Peak Regulation by Terrance Corcoran The regulatory system totally failed. Let’s try more regulation. We’ve seen this p...
3 comments:
I've never really looked at things this way. Wow, it's scare.
So the dollar is not backed up by confidence in the American consumer? Isn't that what we were taught in school? Man, I think I am confused, and I need to watch this again.
Well, I have to say that I do feel a little more informed, but now I am wondering if I should go and get my money out of the bank now. Hell, even if I do, it probably cannot be worth much.
Pettus, I think that is what the movie was say: the money is only backed up by faith in someone's ability to honor payments of debts and not necessary an underlying asset. It would take confidence, or even lunacy, to keep this house of cards standing.
Post a Comment