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Contact:
Foundation for Economic Growth,
P.O. Box 10-282,
Wellington, N.Z.
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The Foundation for Economic Growth is a group of like-minded individuals who have decided to act rather than accept New Zealand's continuing poor economic performance. The Foundation is not affiliated with any political party. Add Your Comments here.

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Most recent update: Jul 20th, 2017 - 19:42:24

Newsletters : Current Newsletters : 17 July 2017
Thought for the Day

Napoleon was quoted as saying, “China is a sleeping giant. Let her sleep, for when she wakes she will move the world.”

China is well and truly awake and has realised that ignoring the West and their troubling ways is not a long term solution for her happy existence.

So she has decided to make a change to the way the world is run.

War will not achieve her aims as this will ensure mutual destruction of China and of Russia as well as the devastation of the USA.

It will also cause a nuclear winter which may very well remove all higher forms of life from the planet.

Being a slave state of the USA is not a suitable state of affairs and the USA does not appear to be prepared to settle for anything less from all the nations of the earth.

It is clear to China that paper economies which compete by continual devaluation of their currencies in an attempt to win more business overseas always eventually vanish in a cloud of paper money with zero value.

China's only hope is to develop an economy based on REAL Money (gold and silver) and enlist the assistance of surrounding nations to create a new economic block trading with gold as their standard of exchange.

The USA under Obama's guidance has persuaded Russia that peace and equality is not on the US agenda and as NATO has expanded country by country to the border with Russia President Putin has expanded his relationships to the East and in particular with China.

So much so that China and Russia have signed a series of agreements that ensure that when the US threatens one of them he also threatens the other.

Obama's pivoting from threats to Russia from the West to threats to China from the East has successfully cemented his enemies in a firm relationship of mutual defence against their obvious enemy.

President Trump continues with the tub thumping around the Northern Hemisphere and has not yet changed anything or achieved anything yet.

Meanwhile China and Russia continue with their work on improving their economic relationship and the development of all the necessary institutions to set up a full monetary exchange system which will rest on gold as the prime source of value for their currencies.

Many other countries are interested in this approach to life amongst nations and China's plans for the "One belt, one road" highway of products across the world to Europe and down to the continent of Africa is gathering momentum.

Let us hope that the madmen (and women) of the Deep State are not operating on a hair trigger mechanism for launching their missiles at their enemies.

Not only will China and Russia respond by operating on a similar basis but with many fingers on hair triggers across the Northern hemisphere it will only take one jerk to launch a full scale nuclear response from all sides with the instantaneous demolition of cities across all countries involved.

Either China and Russia and their friends will usher into the world a new form of commerce based on gold or we will all die.

President Trump has been presented with quite a problem.

Can he defeat the Deep State and make friends with China and Russia and all the other nations involved?

Does the American public have any idea of what is at stake?


Jul 17, 2017, 15:24

Creating Wealth and Keeping it

The New book by Phil Scott, President of the Foundation for Economic Growth.

"This book is good, damn good and no statistics!" Lindsay Gordon, MA, MSC, PHD.

Every serious economics student should have a copy and read this ground-breaking foundation of clear economic thinking. Real Economics explains how human actions shape our world and why so much seems to be going wrong for Western economies. This book will bring enlightenment for the general reader who will see why a few very wealthy are becoming exceedingly rich and the middle classes are on the road to serfdom.

See more: www.realeconomics.co.nz