QUESTION: What can we do about this situation?
There are a couple things that people can do. One, in the book that accompanies the film there’s a chapter on specifically what people can do relative to their own financial futures. What do you do when the US budget deficit is one and a half trillion dollars? These figures are mind-numbing. They’re mind-numbing. A trillion and a half dollars. This is the deficit. That means that the government (who does their financial planning backwards), they go, “Let’s see. How much are we gonna spend this year?” “Okay, we’ll spend three and a half trillion.” “What’s our income?” “Uh… Two trillion?” “Oh, we’re short”. “We’re short a trillion and a half.”
This, by any viewpoint means there will… interest rates will go up because we’re going to have to increase interest rates to attract borrowers. It means more taxes. Without question. Without question it means these things. So, what does that mean to investors? We cover that in detail in the book that accompanies the film.
Jumping up a level of responsibility, we cover in the book, and will in the film as well: specific things people can and should do relative to the government in this country, the communications that should go to Congress, so that they wear their hat here, so that they take responsibility for what they should be doing. Because this agenda is rolling forward completely bypassing, not only the United States Congress, but the Parliaments around the world. Because the agenda’s being run by central banks and by and large, central banks do not have to report to governments.
