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The video* below is one of the best overviews of what is going on and one of the best explanations of what lies ahead that I have heard. As such, in my opinion, it is A Must Watch!
So says Monty Pelerin (www.EconomicNoise.com) in edited excerpts of his introduction** to this video in which Ty Andros and Gordon T. Long discuss our economic problems. Part One of the video is available here.
Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), has edited the article below for length and clarity – see Editor’s Note at the bottom of the page. This paragraph must be included in any article re-posting to avoid copyright infringement.
Pelerin concludes his remarks by saying:
Regardless of who wins the election, this problem is insurmountable even if Romney wants to change things. Politics and mathematics preclude a solution.
*http://www.youtube.com/watch?v=ACIQgcHZjVY
**http://www.economicnoise.com/2012/10/31/common-sense-video-we-are-in-a-death-spiral/
Editor’s Note: The above post may have been edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.
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