Recurring Recession System (RSS)

The world is in panic, stocks are plummeting to there lowest levels in decades; it’s the IT-Crash times two. Panic is spreading all over the world, people are sitting in corners of the street begging for money or even for food. Countries declare themselves bankrupt and the one question on everyone's mind is "What went wrong?"

I can tell you what went wrong in one word but before cutting to the chase, let me elaborate first.

1919 - 1921 : The value of money was again equal to the value of Gold. In a result the costs of Banks could not control the currency prices because they are linked to the gold prices.
1930 - 1931 : Bigger banks have funded smaller banks with loans to get the economy going in the US. These smaller banks would then loan out the money to the public who would start their own companies or could use it to invest. The Recession got kicked off when the Bigger banks decided to recall all the loans using margin calls.
1973 - 1975 : Oil crisis and Hostile takeovers.
1980- 1982 :High Yield bonds (Junk bonds) funded money-making predators who took over family-owned businesses (the families lost the majority shares in their own business via a hostile takeover) and then would sell off the family businesses in parts for a higher profit. They let go of all the employees, thus saving money on wages, which then allowed for higher profit. As a result, the stocks of the company would rise dramatically.
1990- 1992 :High Yield bonds (Junk bonds) are used this time to invest in high risk business and to loan money to the public. Also, insider trading is working its magic to produce fake numbers.
2008- XXXX : So now we arrive in our current day and age with the same question: what caused the recession this time? The same reason that caused a recession on all the other times: GREED. The rich wanted to get richer and richer by deceiving and exploiting the working class people. If you want to see some faces of these money-making machines, why not click here:
James Goldsmith
Tiny Rowland
Michael Milken
Ivan Boesky


“He who is greedy is always in want.”