Thursday, August 27, 2020

Sideways Film: End of the Road: how money became worthless doc is now being called Who Killed Capitalism?

Content licensed from Sideways Film. 

 August 15, 1971 - The day President Nixon declared the dollar would no longer be backed by gold. That decision triggered a ripple effect around the world that forever changed the Capitalist system, allowing governments to print as much money has they’d like and drowning nations with massive debt. The effects of those policies are being felt today - causing huge market crashes, increasing the wealth gap and inflating the price of goods and services while wages remain relatively stagnant.

 Who Killed Capitalism? (Global Crash Documentary) | Real Stories

In 2008 the world experienced one of the greatest financial turmoils in modern history.  Markets around the world started crashing, stock prices plummeted, and major financial institutions, once thought to be invincible, started showing signs of collapse.  Governments responded quickly, issuing massive bailouts and stimulus packages in an effort to keep the world economy afloat.

Although we’ve been told that these drastic measures prevented a total collapse of our system, a growing sense of unease fills the population.  In the world of finance, indeed in all facets of modern life, cracks have started to appear.  What lies ahead as a result of these bold money printing measures?  Was the financial crisis solved, or were the problems merely kicked down the road?

http://www.sidewaysfilm.com/end-of-the-road/ 

 

 Yep it's the SAME film to be sure.

 just saw this dude talking

 Kissinger sits on China's petroleum national corporation board of directors. US corporations make more profits OUTSIDE the US. It's an empire with over 800 military bases in OTHER countries. Yes the global elite could care less about US citizens.

 Voidisyinyang Voidisyinyang

http://arctic-news.blogspot.com East Siberian Arctic Shelf methane bomb will go off soon, doubling global warming. Hurricanes won't seem so bad when it's too hot for life on Earth in a few years.

 

 

 

 

 

 

 

 

 

 

 

No comments:

Post a Comment