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date: 8 Dec 2006 10:28:28 -0800,    group: uk.politics.economics        back       
UK has 1.3 Trillion Pounds in Debt (?)   
> 1.3 Trillion Pounds in Debt
> And if an "economist" tells you not to be afraid, ask him about
> Kontratiev. Ask him to deny what Kondratiev said. Then tell him to
> shut-up.

Try reading some books on the Federal Reserve's history,
the wiki page, or see the economic historical documentary
called "The Money Masters" on google video, youtube or dload
with dc++ or something.

then talk to us about "the business cycle".

I belive "fractional reserve banking" is the key word...

one of them.

cheers
date: 8 Dec 2006 10:28:28 -0800   author:   John Smith (nom de guerre)

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