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Paul Craig Roberts Warns “The US Economy Is A House Of Cards”

Tuesday, May 13, 2014 16:50
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Capitalism has been transformed by powerful private interests whose control over governments, courts, and regulatory agencies has turned capitalism into a looting mechanism.

The Federal Reserve and the US Treasury’s “Plunge Protection Team” aid the looting by supporting the stock market with purchases of stock futures, and protect the dollar from the extraordinary money-printing by selling naked shorts into the Comex gold futures market.

The US economy no longer is based on education, hard work, free market prices and the accountability that real free markets impose …. http://www.zerohedge.com




Source: http://luismmx.blogspot.com/2014/05/paul-craig-roberts-warns-us-economy-is.html

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