“You cannot establish security on borrowed money.”
- William J. H. Boetcker
Economic Collapse
The Economic Paradigm shift explained – A Look into the Future
This made me laugh. In a crisis, your ability to laugh is perhaps one of your most valuable assets.
This is Rep. Alan Grayson asking Federal Reserve General Counsel Scott Alvarez about the Fed’s independence.
As you’ve probably already seen, this video went viral yesterday. What strikes me as most interesting is his choice of words paraphrasing the Boston tea party: “We are thinking about having a Chicago Tea Pary in July” and dumping “derivative securities in lake Michigan”! Even if this is on a humor note, it still is an interesting example of what might happen if the US Dollar continues on its road to hyperinflation.
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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.