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Friday, May 24th, 2013 |
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Peak Credit – End of Civilization?
Greg Hunter
Could the credit crisis we face globally destroy civilization as we know it? Richard Duncan, author of a new book called, “The New Depression: The breakdown in paper money,”says yes! Duncan claims the $50 trillion in credit expansion in the last 40 years must continue or the system will basically fall into complete chaos. In an appearance on the European version of CNBC last week, Duncan said, “If this credit bubble pops, the depression is going to be so severe, I honestly don’t think our civilization could survive it.” My question is why doesn’t CNBC have this guy on in the U.S.? Maybe the possible scenario he is talking about is just too scary and really bad for selling stocks? Who knows, but it is well worth a listen and something you should know about. Please enjoy the video and discussion. Delivered by The Daily Sheeple Contributed by Greg Hunter of USAWatchdog. Please share: Spread the word to sheeple far and wide
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CONTACT YOUR REPRESENTATIVE!
Congressman Ron Paul’s H.R. 459, the Federal Reserve Transparency Act, could come up for a vote at any time! (7/25/2012)
http://www.chooseliberty.org/audit_vote.aspx?pid=s185
You nailed it!!!
CNBC is simply a front for pimping stocks..