You do not need to know much at all.
It is so simple, but we are being pumped with so much bullshit they make it seem difficult to understand.
This is all a clever trick to steal all of our money.
Basically just know that 2 + 2 = 4 and they spend trillions to convince you that 2 + 2 = 5
Now let us talk about simple supply and demand...
Supply Up + Demand Constant or Down = Price Down
Supply Down or Constant + Demand Up = Price Up
Basically after 9/11 and Enron, people grabbed their money out of the stock market and started putting it in real estate [among other things]. They did this because Greenspan kept the rates low when he should have raised them.
Housing went up [high demand-supply even] and this lasted a few years
Then construction increased so we had more supply and constant demand ... prices should have fallen, enter Rockefeller/Rothschild..
They control EU Central Bank and the Fed...
These two private banks control the flo of money in the world and the interest rates. So they allowed the big banks [Deutsche/JP/Bank of America/Solomon/etc.] to get trillions in loans if they gave it to the patsy subprime banks.
Subprime banks are like off name car insurance companioes, you can get insurance from them if you have 40 accidents but they can change rates on you drop you, skip town, etc. They target the non-home buyer and convince them they should buy a home.
So now we have millions more home buyers... Supply constant + demand higher = higher real estate prices...
This continued for another 3 years and everyone was happy...
The new home buyer can always sell in the upswing, etc.
Then the market starts to level as all the people who are buying expecting the market to stay rising need to pull out and put their money into more worthwhile investments.
Well the subprimers also have to pay a higher interest rate to get that loan [a rate they can not afford] so after giving up all their savings for a down payment, then struggling every month, and now theuir housing equity going down during the downturn...
they default on the loan [millions] the bank forecloses and is stuck with millions of homes they cannot move.
So now they go broke and cannot pay back the big banks
The big banks go crying to Rockefeller / Rothschild [who planned the whole thing] and beg for infusions so that they do not have to fire 80% of their traders.
Rockefeller / Rothschild says "ok shmucks" we will do more of this pump and dump and dump a trillion dollars into a receding market while the price of all goods are going up.
the trillion of course does nothing -throwing bricks in the grand canyon- so they put in the final screws:
lower the discount rate [interest to the big boys for loans]
now if you are in the middle of inflating prices and a weakened currency and you cut the interest rates, you are basically sticking a double barrell shotgun in your mouth and going Kurt Cobain.
It will cause a spiral of the dollar and will lend more validity to the planned need for the Amero.
I am sure I missed like 10 connections there, but maybe it helps.
Many posters have been adding to the "basic fiscal and economic knowledge" section of the "great depression redux" category here:
http://forum.prisonplanet.com/index.php?board=162.0
