How America’s Economy Was Destroyed

Paul Craig Roberts- As awareness spreads slowly but gradually among the ethnic populations of the West that their governments are against them, the ethnic majorities begin to realize that they are tar

In 1945 the United States emerged from a world war with the only intact industrial economy in the world.  The British, European, Soviet, and Japanese economies were in ruins.  China and the rest of Asia, Africa, and South America had undeveloped economies, later renamed third world economies.  Additionally, the US held most of the world’s gold reserves.  President Franklin D. Roosevelt had used WW II to destroy Britain’s control of international trade and the British pound as the world reserve currency.  The US forced breakup of the British system of trade preferences and the coerced Bretton Woods Agreement gave those roles to the United States.

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