Video by Martin Armstrong -
Read Herbert Hoover’s memoirs to understand what caused the Great Depression. It was engineered to move the world toward socialism. Hoover’s memoirs contain all the evidence that the US history taught about the Great Depression is pure propaganda.
Governments borrow with no intention of ever paying down their debt. This debt only funds the bankers. The Federal Reserve System doesn’t work anywhere. Politicians are to blame. When governments run out of cash, they default on the debt.
War occurs when the economy turns bad. Economic sanctions cause country’s economies to go bad and don’t change the behavior of the politicians. They use high government debt as a reason to keep raising taxes. Our managed economy is unsustainable.