Economic Collapse
The Economic Paradigm shift explained – A Look into the Future
“You cannot establish security on borrowed money.”
- William J. H. Boetcker
I love information design. A picture is worth a thousand words. This puts things into perspecive. How much is a “billion”? How much is a “trillion”? How do we use our money? If we were to be visited by an extra-terrestial intelligence and they saw how we organised our economy and how we choose to spend our wealth, how intelligent do you think they would think we are? Click the image to zoom.
Now, as you know, the real debt of the US will be much higher than 20 trillion in 10 years, but the concept “trillion” is nicely explained here. Click the image to zoom.
Derivatives now 29 times the GDP of the world… What happens to bubbles?
Federal Reserve Will Fail With Quantitative Easing
Quantitative easing; everybody is doing it like the Bank of England, Japan and even Switzerland. Quantitative easing is a tool of monetary policy. The effect is an increase in the quantity of currency without regard to maintaining its quality.
http://www.runtogold.com/2009/03/federal-reserve-will-fail-with-quantitative-easing/
I’m not a Fox News fan, but this little video is really good. They hit the nail on the head:
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US Official National Debt:
How much is a "trillion"?
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Johnny Mellgren is a Swedish entrepreneur with a keen interest in macro economics and macro politics. This is his web site where he blogs about the economic collapse of our time, what to do about it and the economic future we create together. Contact Johnny Mellgren.
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I provide advice on investment portfolios for private and corporate clients. I also hold lectures in the history of money and the current economic collapse and how to protect your wealth in a time of transition.