“Motor City has been flattened. Now it’s being scrapped. The largest municipal bankruptcy in history. Detroit was once one of the richest…and most dynamic…cities in the world. And it was the centre of America’s most profitable industry: automobiles. German and Japanese automakers had the good fortune to be bombed out in World War II. But Detroit grew bigger…more prosperous…and full of zombies. Yes, dear reader, Detroit is a zombie story. Since 1971, almost all big stories have a zombie angle. Because the credit-based monetary system that Richard Nixon put us in is a perfect habitat for zombies.”
Bill Bonner: Goodbye, Motor City
- Post author:The Freedom Watch Staff
- Post published:July 29, 2013
- Post category:Network Archives
Tags: Bankocracy, CLibertyC, constitutional liberty coalition, economic Trends, Economics, for life and liberty, Middle Class Dismissed, money, News Commentary, Resistance, sound money, The Freedom Watch, Welfare-Warfare State, What Could Possibly Go Wrong
The Freedom Watch Staff
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