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Archive for June, 2011

Rage Against The Fed? – Tens of Thousands March in L.A.

Wednesday, June 8th, 2011

You will see protest after protest in many major cities. More is yet to come and all of them will not be as peaceful, unfortunately.

The global economy is on the edge of a cliff – deflation in some markets, high inflation in others – as our government nears default on its debt and the Federal Reserve continues to spew currency, things are going to get much worse.

The tragedy is that most people do not understand why or what is at the heart of the problem. You will see many protests and at first, they will appear disjointed. At first, it will seem like the events are dealing with totally different issues. Those people protesting outside of a Muslim fundraising event for battered women’s shelters, the Wisconsin workers upset over the attack on unions and pensions, the people rising up and taking over their governments in Egypt, Libya, Yemen, etc, the protests in Greece, etc.

All seem to have a slightly different angle, but the root is the corrupt monetary system.

These protests are going after single issues, not the broader based foundation. In some cases they’re protesting against scapegoats (Latin immigrants, Muslims, etc) and in others they’re protesting some of their benefits that have been revoked. And in countries abroad, the main issue has been food prices as the initial spark.

These things aren’t separate, though. Every protest you see, ask yourself, “How is this related to the last few I heard about? What’s the link?”

And if you happen to be going to a protest or just want to get the word out there, check out the financial crisis humor store at NotSoFunnyMoney.com.