Do you believe Lindsey Williams' story?

[dax702]

I just watched his 75 minute video and while a lot of it made sense, some things did not. For example, if Henry Kissinger made that deal with the Saudi's back in the 70s, and they agreed to use some of the money from our oil purchases to buy our debt, then why do we still have so MUCH debt? Is it because our government is borrowing too much too fast for Kissinger's deal to work today?

 

[sratiug]

I just watched his 75 minute video and while a lot of it made sense, some things did not. For example, if Henry Kissinger made that deal with the Saudi's back in the 70s, and they agreed to use some of the money from our oil purchases to buy our debt, then why do we still have so MUCH debt? Is it because our government is borrowing too much too fast for Kissinger's deal to work today?

The more debt they buy, the more debt we owe. Yes, I believe it. That guy from "Confessions of an Economic Hitman" seemed to be saying the same thing. Lindsey Williams has old videos too, if you saw the newer one.

 

[dax702]

I just did some digging and found this article:
http://www.petroleumnews.com/pntruncate/690171677.shtml

Who knows what's true and false anymore