Bob Chapman : Greece debt is miniscule compared to that of Spain and Italy , the Germans never wanted to be in the Euro , they want to cut off social security ad medicare that people have paid for and transfer that money to the military industrial complex
Sunday, September 11, 2011
James Turk on Goldseek Radio - Sep. 6, 2011
James Turk : ..there is so much nervousness about the fragility of the banking system pretty much globally , everybody knows that the Banks are over leveraged have a lot of bad debt and therefore they are worried about their deposits , in this kind of environment Gold is always going to do well ....we are in the second stage of the Gold bull market , this is the longest and most powerful stage and as gold prices continues to rise it attracts increasing attention and people who have nort been gold buyers before are attracted to the gold market as they are going to learn the advantages the gold has to offer
Bob Chapman on China
Robert Chapman from The International Forecaster on China. : I think first of all they got very difficult financial and economic problems , 30 million people are unemployed exports are starting to fall just like that in Germany , they are both major exporters same thing happens in Japan as well although they have different additional problems , they have a real estate bubble that has not really broken yet , they have inflation which averages about 15 percent contrary to their figures 6.8 percent although in some of the provinces it is lower and in some it is higher , the people who live in Guangdong they go over to Hong Kong and they shop , Guangdong got lots lots of inflation , prices tend to be higher in places where people tend to go in on vacation , they continue (China) to search around the world for commodities for their potentially growing economy although they could slow down quite a bit , the world is facing a lower economy and that's really is going to affect very negatively the Chinese
Bob Chapman - Keynesian Economics is nothing but Corporate Fascist Economics
Bob Chapman - Corbett Report - September 9, 2011
Bob Chapman :...they are not creating jobs , they are destroying jobs .... Keynesian economics is nothing but corporate fascist Economics , fascism is just another form of socialism , but it is the corporations that really run things ...they want to bring the people in the developed world to their knees economically and financially so that they can control them and get them to accept ta world government...
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