Are Western banks pointing us in the direction of total economic collapse? Citigroup, Bain Capital, and several other banking interests seem to be very interested in keeping people quiet about the possible consequences of the fiat economy. It all started in the 1930’s with the switch to paper currency right about the time Benito Mussolini coined the term “totalitarian”. That phase of the process was complete in the 1970’s, when the electronic economy was still in its infancy. As evidenced in the 2008 and 2009 economic depression, a currency system with nothing to back it up quickly and regularly disintegrates.
Are we on the verge of another looming collapse or are we on the brink of the New World Economy? Karl Marx wrote about the Totalitarian Economy, as did Ayn Rand and several others, but no one was as blatant about the New World Economy than the members who spoke at the most recent G20 Summit, where doomsayers and world leaders alike shared tips on how to make it happen and how to survive.
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