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Friend,
Are you old enough to remember the crash of 2008? The politicians
caved to big banks and began the liquidity pumping with one
muti-billion dollar bail out after the next. The non-billionaires
among us got to pay for that with a massive increase in our cost of
living, homelessness, loss of healthcare and drug addiction due to
despair.
The same banks that caused that nightmare, are now 50% larger,
having gorged themselves on the very same speculative feeding frenzy
as before. This bubble is going to implode, or explode, with far
greater destructive potential than last time because our physical
productive capacity is much weaker than it was then. Monopolies
abound, so one bankruptcy, and no more auto parts, no more food.
This is why American economist Lyndon LaRouche said his "Four Laws"
were, "not an option, but an immediate necessity."
Tune in tonight to join my conversation with economics editor Paul
Gallagher who has drafted a memo, which he will explain, for you to
organize your town council, legislature, labor union and
Congressperson on the urgent steps to be taken to avert total chaos,
and put us on the path to a real economic recovery where your children
will be able to afford a future.
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