The Wall Street and the White House: Strangling Each Other?

As the Wall Street says, the more complicated the situation, the more profitable it is going to be. Here in this video, Dr Robert Johnson who presently serves on the United Nations Commission of Experts on International Monetary Reform relays on whether the White House presides over the Wall Street or whether it is in the other direction.

Correct me if I am wrong. It is well known that the USA is a nation with big debts, a nation full of importers and consumers. Others say that the dollar currency is backed by paper while others say it is backed by the economy, which is considered scarier. Other foreign countries are dropping the dollar to other currencies that are more stable. America tends to print more paper money than what it should print. So the tendency is that the dollar will merely be a worthless paper that will purchase fewer products.

You may notice that the permanent job loss percentage is insurmountable and the market is increasing since the companies are posting enough profits. But the hidden reason is that they cut employees and other such expenses. So you may say that it is not really a sign of recovery at all.

Please take time to watch the video as it tends to be informative and hope it will clear things up a bit about the US economy as a whole.





Well, what do you think?