How The Government Destroys Jobs – 08.14.15

The harrowing story of a man in Nevada who wanted to open a restaurant. Truly a case of government run amok. The crisis in the junk bond market. Why things are about to get much worse than they got in 2008/9. The world’s second-richest man, Carlos Slim of Mexico, just lost a tenth of his net worth. More on the nonsense of the reported unemployment figures. More examples of gratuitous police brutality, commonplace now in America. A quick word on the demise of democracy. ‘High-poverty’ is growing to record levels in the U.S. How government creates problems and then adds to them. A couple of statistics to show how ‘well’ the ‘recovery’ is doing. The craziness of the current speculative bubble. How will the Fed deal with the coming downturn? They have no room at all for manoeuvre. What happens to ‘bailout money’. Follow the trail…