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World News See other World News Articles Title: What the Professor omitted about the collapse of the American Empire. In the video below this professor who lives in Canada gave an in depth explanation of US history starting with the Bank of England and Carroll Quigley, Bill Clintons favorite teacher. The video is interesting but leaves out a lot. He also predicts WW III. I do not. Prior to WW I, Woodrow Wilson was told by his backers that we must make World War I last long enough to guarantee that our allies in Britain, France and Russia go bankrupt so we can make New York the world's financial capital. World War II saw the ruin of all industrial nations outside the US. WW II could have been avoided. The then Rothschild owned Bank of England had financed Hitler's Army and the rebuilding of Farben with a loan of 350 million UK pounds. The German Army suspected something so they sent two officers to London offering to arrest Hitler in exchange for peace. Previously, the Emperor of Japan had offered to FDR to become an American ally against the Communists in Asia. Wassily Leontief studied the American economy. He said American wages were one third higher than in Europe, because we used skilled labor and machine capital to add value to our abundant natural resources. Leontief won a Nobel Prize economics. Others after him concluded that when America's population went over 150 million, we would have to import raw materials. The US kept adding immigrants, legal and illegal until Nixon was forced to go off the gold exchange standard in 1971. The illusion of wealth was maintained by money printing. In the 1930s 3 to 4 million Americans starved to death. Please note there were only 123 million Americans alive in 1929. As the professor said, we had to go into debt to get money under our Federal Reserve system. Under President Lincoln's monetary system , his non-interest- bearing Greenbacks required no debt in order to be printed. The US money supply shrank 31% from 1929 to1931. Money was not created until World War II in sufficient amounts to end the starvation. NAFTA became law in 1993 and went into effect in 1994. There were 265.5 million people living in the US. The US debt was $4.6 trillion in 1994. We added 80 million people and more than $32 trillion in debt. But we also closed 80,000 US manufacturing plants. The working class was destroyed. Rents have tripled since 2000. We need to reduce population before the economy works again. We also need to cancel Unpayable Debts to get the world economy going again. In a previous article I mentioned how we could print dollars to finance the provinces that want to become independent of Canada. We could also finance Italy's reconstruction after its volcanoes erupt. They do not have to join the US nation state, all they have to do is to accept US dollars with the stipulation that they would use their local currencies to buy some US Treasury bonds which we could retire thus reducing our debt. The professor does not understand Putin. He is no Stalin. He tried to end the conflict in the Ukraine as exhibited by the Minsk accords. He has BRICS and debt cancellation as his secret weapon. Sergey Glazyev proposed that BRICS offered the Third World debt cancellation by telling them they did not have to repay any loans denominated in dollars, yen, pounds and euros. There will be no WW III. I can guarantee that. Look at all the volcanic eruptions since the Kamchatka megaquake. In 1816 one huge volcano in Indonesia caused "1816 year without a summer." You can Google that. Also 3 smaller eruptions in Europe cut off so much sunlight that the top meter (nearly 40 inches) of the soil in France froze sending food prices 600% higher. We have 7.4 billion people now than in 1816 so wars will be for food. America is looking for a war it can win. The US cannot win against Iran. The US cannot win against Yemen. The US needs to sell a war against the Drug Cartels to Mexican Americans as they could supply the ground troops for the war against the Cartels in both the US and Mexico. Poster Comment: I might publish this later tonight. Haven't decided yet. Kim Iversen mentioned this professor which is how I learned about him. Post Comment Private Reply Ignore Thread
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