The Lie of “Economic Recovery”

President Obama has admitted that the USA is out of money and that our current short-term problem is dwarfed by our long-term problem. The government is pushing the amount of total obligations to a record $63.8 trillion; 36 US banks have failed already this year, and many more are expected to fail; and many countries are ditching the dollar in favor of the euro and national currencies. Still, we are being told that the worst is over and that we are on the road to financial recovery. But ignorance and lies don’t help us to prepare properly for the future.