DEFICIT TERRORISTS STRIKE IN THE UK - USA NEXT?


By Ellen Brown
Web of Debt
June 17, 2010


Last week, England’s new government said it would abandon the previous government’s stimulus program and introduce the austerity measures required to pay down its estimated $1 trillion in debts. That means cutting public spending, laying off workers, reducing consumption, and increasing unemployment and bankruptcies. It also means shrinking the money supply, since virtually all “moneyâ€