College Bubble
- September 4th, 2011
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COLLEGE BUBBLE
America, land of opportunity, land of freedom… land of college…
Now, obviously, the whole world’s economy is connected to AMERICA.
Why you ask?
That is because, the American dollar is pegged as the WORLD RESERVE CURRENCY.
This means that ALL governments around the world have to stock pile US dollars, as part of their ‘foreign exchange’ policy.
Now to understand this whole thing, think back 100 years. Money was exactly related to how much gold there was at that time. The more gold the more money. The USA went off the gold standard in September 1931. The reason for this was the great depression and World War 1. More money, not enough gold. By 1944 England also had depleted all the gold and also had to go off the gold standard.
Now this is where it gets a little confusing. From 1944 to 1971 a ‘gold exchange’ was used. Meaning that you could still directly convert your dollar for an amount of gold. It was $35 an ounce. Then other countries would peg their currency to the dollar. In 1971, with the Vietnam war and depleted reserves of gold again, Nixon abandoned the whole gold standard in one meeting, called the NIXON SHOCK.
Basically, to put it bluntly, the world economy is a ticking time bomb for the worst economic depression known to man. Let that really sink in. The worst depression EVER.
In that lovely 40 years, the USA FED has been able to just print money at will! It has depleted the purchasing power of the dollar by 97.5% of the original in 1971.
Now to make matters worse… is that instead of actually stopping the spending, and maybe, looking to Germany for some guidance in that department. THE USA GOV develops these bubbles like the .com bubble which burst or the housing bubble… we have a brand new one to contend with. It’s the COLLEGE BUBBLE.
That’s right people, the USA government has been giving out 100% loans to people these last four years, at forced low interest rates. Also, from researching these loans, I see the government actually makes them really easy to obtain! These college students then receive a lovely check in the mail, which they can cash, and then do with as they please. Some do not even go to college, but spend the money lavishly on apartments, cars, jewellery, clothes and other valuables.
The US GOV need to loan out money because of the sick cycle we are in, but what we don’t realize is that for every loan NOT PAYED back, someone looses. Yes that person gets blacklisted, but someone pays that cost at the end of the day……. it’s US.
Who cares, that millions and millions of people have similar degree’s and can’t find work? Most people can learn anything they like for free on the net, yet money is being created out of thin air to pay for college. Most people don’t realize that when you leave college and enter the real world, jobs are hard to find and the market is competitive. There are people out there with experience that can’t find work and if they do, the jobs really don’t pay that well after TAX.
So what ends up happening when thousands upon thousands can’t pay for their loans. The government can’t go jailing everyone.
The tax payers end up paying the bills!
Have we not learned from the past? It reminds me of an alcoholic, and the governments solution for this problem is more ALCOHOL.
NOW, the way for us to fight back is to stay informed, spread the word. Every voice counts! Investigate things, THINK, and talk about what’s going on.
I learn t about the college bubble thanks to this amazing documentary
Please watch it and spread the word about it
WARNING – Please DO NOT invest in ANY stocks suggested in this movie or by the NI. Always do your homework. Personally I would only invest in REAL, HARD ASSETS. Not stocks. Buy real gold from people!
Also, the National Inflation committee are trying to spread the word about what’s happening in America today. This concerns the world and we cannot stand ideally by while the USA FED just print dollar after dollar out of thin air. It’s time to get mad, it’s time to do something about it. Please spread the word.
http://inflation.us/collegebubble.html
Another interesting website World Debt Comparison


















