Wednesday, June 2, 2010

World Economic Collapse explained In Less Than 3 Minutes

And now for some Aussie humor:

It's pretty funny, but sadly true.

It's just one big Ponzi scheme, with American taxpayers bailing out European banks through the International Monetary Fund... and the Chinese bailing out America by buying US treasury bonds. And when the Chinese cannot export/sell their poorly made "stuff" anymore, then this house of cards will surely tumble.