How To Survive The Crisis And Prosper In The Process is a 148 page in-depth analysis of the crisis facing the US and global economy presented in March 2007 to The Positive Deviant Network, now available to you.
For a FREE PREVIEW of the first chapter at the POSITIVE DEVIANT SUCCESS Site
"Darryl Robert Schoon's thinking provides compelling evidence that America's generally accepted economic reality is a flat earth perspective." - Marshall Thurber, of counsel FisherThurber LLP, founder of The Positive Deviant Network
"..enormously helpful in understanding the fundamental changes which may well be coming to our economy and soon."
- David Steven, investor
"The sections on money and credit shine." - Professor A. E.
Fekete, Gold Standard University
Darryl Robert Schoon's quarterly commentary on the crisis facing the global economy $400 per year.
The collapse of global financial markets is caused by an evolving paradigm shift that is reshaping our world.
The return to parity between the East and West is part and parcel of a greater paradigm shift now underway - a shift that is rebalancing fundamental polarities on a global scale, a shift that is affecting not only global economic and political alliances but gender as well.
- Page 98, How to Survive the Crisis And Prosper In The Process
Triage In Financial Markets
Global financial markets are in extreme triage following the credit contraction of August 2007. It is believed central bankers are trying to restore markets to help the economy. In truth, they are like life insurance companies fighting to keep a wealthy patient alive so the high premiums will continue to be paid and the large death payout will be postponed.
It has been only nine months since credit markets unexpectedly froze in August 2007. The central bankers who were surprised by the summer 2007 credit contraction now hope the danger has passed. But they are about to be surprised again and soon.
The Great Depression of the 2010s
Economics is not rocket science. Neither is power.
Depressions are monetary phenomena caused by central bank issuance of excessive credit. In 1913, the newly created US central bank, the Federal Reserve, began issuing credit-based money in the US. Within ten years, the central bank flow of credit ignited the 1920s US stock market bubble; and shortly thereafter, following the collapse of the bubble in 1929, the world entered its first Great Depression in 1933.
The collapse of the world economies created by modern banking—built on a foundation of debt larger than ever imagined—is now about to occur. - Darryl Robert Schoon
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On August 21, 2007, Darryl Robert Schoon delivered a talk before Session II of Gold Standard University Live (GSUL) in Szombathely, Hungary. Session II of Gold Standard University Live focused on the economic theories of the Austrian School of Economics, a school of economic thought based on free markets. Professor Fekete is a strong believer in these ideas. Darryl Robert Schoon's talk, Where We Are, How We Got Here, & Where We're Going" is available to you here as an audio download. - Click here.
DRSCHOON.COM features the articles of Professor A. E. Fekete of the Gold Standard University, a leading expert on gold and its role in financial markets and the economy.
GOTTERDÄMMERUNG
The Twilight of Irredeemable Debt
Wagner’s opera Gotterdämmerung is about the twilight of pagan gods. The most powerful of the latter-day pagan gods that has been guiding the destinies of humanity for the past two-score of years is Irredeemable Debt. Before August 14, 1971, debts were obligations, and the word “bond” was to mean literally what it said: the opposite of freedom. The privilege of issuing debt had a countervailing responsibility: that of repayment.