The money system the whole world is currently under is a system called the FAIT which has no asset backing the money of any country. We used to have a system that was back by gold or silver this was slowly withdrawn starting in the early 1930 and finished off at the begining of the 1970. The FAIT has never work through history you can go back as far as the roman times it did not work then and it will not work now that i am very sure of. I have done a lot of reading on this both in history books and modern day books as well. There is alot of evidence to back up what i am saying. The main point is that the market is driven by optimism and pessimisn and we are turning around now from optimismso you can make up your own mind on this but it is only going to get alot worse and not better. Example of this is the housing market in Australia, is dropping now as the rate off net return on an investment property is 1.5 - 2 % it has been normally around 5 - 6 % so you tell me which is likely to happen wages going up 3 time in the next 5 years or house prices falling to come back in line the norm. This is not just Australia but world wide they are in the same bubble.This in my book are the fat cats fattening up the general populas to send then into the poor basket. If you wont the names of all the books i read you are quite welcome. Regards dennis
