Town Hall Patriots: Michael from IL - World Economy Collapse explained in 3 minutes

Friday, July 22, 2011

Michael from IL - World Economy Collapse explained in 3 minutes

John Clarke and Bryan Dawe calculate the cost of the European debt crisis - A comedy routine. It may seemed hilarious but this is actually what's happening. Without all the financial jargon, any layman can understand what is happening to the current economy crisis.

How can broke economies lend money to other broke economies who haven't got any money because they can't pay back the money the broke economy lent to the other broke economy and shouldn't have lent it to them in the first place because the broke economy can't pay back?

Related Post: Obama Wants to Spend More Money
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Ronald Reagan's Winning Strategery

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