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Mathematically Perfected Economics: Predicted World Monetary Collapse by 2010.

January 11th, 2009 No comments

From perfecteconomy.com:

But by simply calculating periodic interest as any bank statement must, by re-borrowing interest and principal to replenish the circulation — and even allowing for the accumulating sum of debt to be (usually) negligibly diminished by factors such as bankruptcy and consumption of usually little of our production in the course of exploitation — those models not only forecast the Reagan Administration’s tripling of previous national debt, but further projected ultimate world wide monetary failure at approximately 2010 AD.

Is this why the bankers needed to explode and implode the monetary supply and economy right now? At present the money supply is expanding still as Central Banks and Governments in thrall to the robber-bankers throw money at them and their failed institutions. Some are complicit in this massive Ponzi scheme of debt-based economics, others merely ignorant that they are fuelling the fires of the inevitable collapse of consumer-capitalism.

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