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The US economy will not recover for at least another decade” – William Engdahl
RT Politics ^ | 05 April 2010 | Interview w William Engdahl

Posted on 04/13/2010 4:39:53 PM PDT by Lorianne

video 11:27

American bankers see themselves as the gods of money, a class above mere mortals, and they can do what they wish, said renowned economic researcher and historian William Engdahl in an interview with RT.

(Excerpt) Read more at rt.com ...


TOPICS: Business/Economy; Foreign Affairs; Government
KEYWORDS:
Discussions of bailouts, Greece, EU economic problems, dollar pressure, etc.
1 posted on 04/13/2010 4:39:53 PM PDT by Lorianne
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To: Lorianne

WIll the middle class recover its lost private property and equities? I doubt it. There are only more losses to come, and no recovery for the middle class.


2 posted on 04/13/2010 4:42:05 PM PDT by givemELL (Does Taiwan Meet the Criteria to Qualify as an "Overseas Territory of the United States"? by Richar)
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To: Lorianne

If we kick the bums out, we could already be in recovery.

Payroll holidays. Desolution of union contracts. Not directing money to certain banks. Tax breaks, flat tax, and family tax credits.

Prosectuion of politicians involved in the banking collapse; seisure of oilfields in Iraq to pay for the war. The opening up of natural resources for production.

The expulsion of services to illegal aliens in country.

Easy f*ing solutions.


3 posted on 04/13/2010 4:43:39 PM PDT by Porterville ( I have come here to chew bubble gum and kick ass, and I'm all out of bubble gum)
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To: Lorianne

If we can kick these sleazy bankers out of the country and go back to honest money we will survive.We need to pull an Andrew Jackson!


4 posted on 04/13/2010 4:47:18 PM PDT by taxtruth (Something really stinks In The Federal Government/Mafia and I think it's BO!)
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To: givemELL

Overall, I think you’re right. What I figure is going on is that the market pumpers are bumping up the market, then they will sell high, and hang on to cash when it crashes. There will be a whole lot of bargains for the scrounging then.

parsy, the grim


5 posted on 04/13/2010 4:47:25 PM PDT by parsifal (Abatis: Rubbish in front of a fort, to prevent the rubbish outside from molesting the rubbish inside)
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To: Lorianne

well he is almost right.

The economy surely will not recover until the zero is gone, which could be up to 8 years.


6 posted on 04/13/2010 6:47:17 PM PDT by TexasFreeper2009 (Obama = Epic Fail)
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