I've bee nreading Ellen Brown for a while now.
Her website offers an interesting take on how America could work its way out of its present crisis as well as some interesting comments on banking as a whole.
http://www.webofdebt.com/
Her most recent comment goes directly to the heart of what's wrong in the American banking system and, in a slightly off centre comparison, ours. Banks in receipt of taxpayers monies not lending money. Failing to honour their commitment to make credit available.
http://www.huffingtonpost.com/ellen-brown/how-california-could-turn_b_242901.html
I want to ask two questions in this thread.
(i) IS Ellen Brown's proposal workable in America - America being the world's largest economy and the hope on which rests the liklihood of a world recovery.
(ii) What can be done to force Banks to relax their current draconian lending policies and get the money flowing, both here and in America.
I apologise in advance if this is in the wrong forum.
ONQ.
Her website offers an interesting take on how America could work its way out of its present crisis as well as some interesting comments on banking as a whole.
http://www.webofdebt.com/
Her most recent comment goes directly to the heart of what's wrong in the American banking system and, in a slightly off centre comparison, ours. Banks in receipt of taxpayers monies not lending money. Failing to honour their commitment to make credit available.
http://www.huffingtonpost.com/ellen-brown/how-california-could-turn_b_242901.html
I want to ask two questions in this thread.
(i) IS Ellen Brown's proposal workable in America - America being the world's largest economy and the hope on which rests the liklihood of a world recovery.
(ii) What can be done to force Banks to relax their current draconian lending policies and get the money flowing, both here and in America.
I apologise in advance if this is in the wrong forum.
ONQ.