Community | September 28, 2008 | 4 comments

Burning Down The House: What Caused Our Economic Crisis?

stopnoise
The root cause of the Economic Crisis... According with Rep. Scott Garrett.
R-New Jersey, 5th District Paramus, Newton

Opss! My bad, I think he meant this video. The previous one I think was an impostor.

Anyway in addition, watch this video;

Where the money comes from?

http://video.google.com/videoplay?docid=-9050474362583451279&hl=en

Here on Current;

http://current.com/items/89331569_where_does_money_come_from
  1. groups:
  2. tags:
    Current Radio News Wall Street Banks Public 5 more
  3. credits:
    AlexanderEmanuel Second Correspondent, Vierotchka First Correspondent
  4. recommended by:
    Vierotchka
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4 comments // Burning Down The House: What Caused Our Economic Crisis? // Video

  • LibertyNo5
    • 0
      LibertyNo5  
    • love this... man we all need to learn this stuff!

      We need to ask what tha heck is wrong with our screwed-up system? Otherwise we can't determine how to fix it...

      I especially love the "Money As Debt" video link (where the money comes from?). Watching that is amazing because it develops a sustainable banking system for the future! Our current system containing the need for exponential growth is incompatible with the limited resources our world has at it's disposal. This is one of the reasons our economic system fails periodically & can never really be sustainable!

      Thanx stopnoise!

    • 3 years ago
  • simonedward
  • stopnoise
    • 0
      stopnoise  
    • Should I risk to say that our house of Representatives have been bought by the bankers and the banking system? Now we have seen the 700 B bail out band-aid measure. Business goes as usual until people forget history and it crashes again. I just think that people should refuse to be slaves of a dead horse.

    • 3 years ago
  • AlexanderEmanuel
    • 0
      AlexanderEmanuel  
    • I'm just curious to know what it takes for our society to introduce a new system of money creation. I think it starts by addressing these 2 issues:

      1. Our population's majority has no idea where money comes from.

      2. There ARE better ways to circulate money and add real, lasting value to it.

      Finally, I think if we stop doing everything for money's sake and start doing everything for people's sake (raising awareness, intelligence, idea worth, opportunities, consciousness, self worth, etc.) we will benefit 10 fold (+).

      Remember:

      Money ≠ God*
      following Universe = God*

      * God = a positively prosperous way of life... for all!!!

    • 3 years ago

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