Wake Up Call – 06/08/12

Profile Of A Bankrupt Nation

What exactly happens when a country goes under? We examine the effect on its people, institutions, everyday life, communications, support systems. Then we see how various countries have dealt with the situation. More information about Europe. There is no textbook guidance to handling the crisis. The continent is pulling itself apart. Britain is dire straits but flying under the radar for the moment with all eyes fixed on Europe. The uselessness of printing money. Money does not create wealth. Sometimes, like now, it just contributes to its destruction. Money cannot solve the problem of insolvency which is what we’re dealing with here throughout the entire global system.

Podcast: Play in new window | Download (13.2MB) | Embed

Print PDF