Tuesday, March 11, 2014

US is Completely Busted -- Paul Craig Roberts

Paul Craig Roberts: US is Completely Busted, Non-Delivery of Gold-Crash the System, War in Ukraine ...Not to mention the 33 tons of gold stolen from Ukraine and transported to the NY Fed.


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Economist Dr. Paul Craig Roberts says, "The physical stock of gold in the West to meet delivery demand is diminishing rapidly. So, one day the Chinese will buy 100 tons of gold, and we won't be able to make delivery. That would crash the system. It would just pop. So, there are things that could crash it suddenly. Regardless . . . the economy is going to gradually sink because there are no jobs, or no good jobs. . . So, there is not a recovery. The U.S. is a busted state. It's completely busted."

On the Federal Reserve money printing to prop up the economy, Dr. Roberts, who has a PhD in economics, contends, "I think they realize all the money printing does undermine the dollar, and if they lose the dollar, the game is over. So, they have to protect the dollar."

1 comment:

  1. that is what you get when you print toilet paper as i said the problem globally is the $ as a reserve currency until you folks stop using the dollar and having this FED toilet paper machine the 99% of americans will remain slaves of the banks and the rest of the planet as well. how to make stupid americans understand that they are slaves is the new task. so they will whip, have a surge in crime and kill each others as they often do, have very rich barons and 99% of you americans slave and pay taxes to israel.

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