British Recession Finally Explained - Minus the Agenda

Where did it all go wrong?

Why have Brown, the economic pundits, most economists especially corporate one and the media all misunderstood the economic problems so badly? Debt driven consumer economics became the theology of modern economics. Politicians loved it and so did the banks - they still do. We were all drunk at a party and no-one wanted to listen to 'let's sober up'.

Britain and America are screwed economically. Those with manufacturing and resource economies are all handling the 'global recession' quite well. Those economies which thought borrowing money and ramping up the finance sector was the way to prosperity are heading into depression.

You ain't gonnie get the truth from the mainstream media because they don't really understand it anyway. So, where are you going to get it from?

ME

Below is a video of a fantastic debate. It pitts your typical modern economist - a real money-printing, stimulizing, bail-outing, Brown-nosing Obamanoid against someone who actually knows what he's talking about - Peter Schiff.

You've probably read miles of keich about recovery, economy needing more stimulus, government should be doing more for jobs and so on ad-infinitum. Journalists have published this rubbish unquestioningly as if it were the true path and the word of God. Well, what if spending all that money is taking us from a recession to economic collapse? What if Brown's GBP 850 Billion taxpayer present to the banks is causing more unemployment and financial ruin in the real economy? What if the dogma that has been rammed down all our throats was actually hugely counter-productive?

You've had the phoney debate about economy for years. Now, I present the real debate. Not MSM, banking, politician and corporate theiving propaganda but an explanation of real economy and real money: