A Never Ending Cycle of Enslavement by Debt……

20 Jun

The Money-Go-Round……

Almost all of the countries in the world have a budget deficit. This basically means that they spend more than they collect through the taxes levied on individuals and businesses. To service the debt they borrow more money. The money they borrow incurs interest. As they continue to run at a loss, they borrow yet more money and the debt continues to grow along with the interest. If a country was any other business they would all be bankrupt. Fortunately, or unfortunately depending on your view point, a clever solution has been found to perpetuate the cycle.

To shed some light on the amount of money involved, the UK currently has a budget deficit of £1 trillion. Even with the austerity measures recently implemented, the Government deficit will increase to £1.5 trillion within the lifetime of the current administration.

Another point of interest is that of all the ‘money’ in the world approximately 3 percent exists as physical cash. The other 97 percent exists only on paper, or more accurately, in computers. If all depositors withdrew their money, there would not be enough cash to service the withdrawals. A ‘run’ on the banks would render them insolvent which is why they will go to any lengths to prop up the banking industry, after all it is the conveyor belt that transports the money from the poor to the rich……

Slight of Hand……

Economists, Governments and Bankers are all too aware of the potentially catastrophic implications of the financial stalemate which exists. The solution is simple; don’t let the public know what’s going on by dressing up the truth in complicated language. What the public doesn’t know can’t hurt them, right? Only it does. The taxes we are all obliged to pay is used to service the debt and in doing so allows the exchequer to perpetuate the status quo. To add insult to injury the huge multi-national corporations use a multitude of clever accounting methods to avoid paying their share of the tax burden. We pay the debts while they make the money……

The Paper Chase……

Part of the reason that the whole system hasn’t fallen apart is as a direct result of the paper chase. It’s all very complicated but I’ll try and put it into perspective. Let’s imagine company ‘a’ needs a loan to pay company ‘b’, who in turn will pay company ‘c‘. The bank creates the loan but, it is important to note, no actual money changes hands. The bank has in effect simply created a ‘promise to pay’ on behalf of company ‘a’. Company ‘b’ is unlikely to require the loan in cash, so the bank has simply added the loan to company ‘b’s balance sheet. When company ‘b’ is required to pay its supplier, company ‘c’, the same paper transaction takes place again, and so on. If at some point one of the parties involved requires any cash, it is likely to be a small fraction of the original amount of the initial transaction. Remember, only 3 percent of money ever exists in the real world.

This is the reason that billions of pounds have been, and continue to be given to ’save’ the banks when thousands of real businesses are allowed to go out of business. The primary concern of the new world order is the creation of wealth out of thin air by adding a few zeros to a balance sheet. So, companies that create tangible goods are of little consequence to an industry that simply creates wealth from debt. This leads to the question; if the whole world is in recession and almost all countries are propped up by loans, where are the loans coming from?…..

The IMF and the World Bank……

The IMF and World Bank were set up in 1944 and now has 188 member states. The original intentions were honourable. They were intended to loan money to developing countries with the express intention of improving the lives of the citizens. This is now a distant memory as the IMF and World Bank loan the monies collected from the member states to each other to prop up failing economies. In reality, non of the loans will every be repaid but this is of little consequence as long as the interest on the loans is recouped, making an elite few very, very wealthy. Banks simply lend money to each other, perpetuating the debt cycle.

The Usual Suspects……

Ever since the banking crash in the early 20th century, when a few influential, politically well connected and extremely wealthy families seized the opportunity to acquire failing banks at knock down prices, the major players in the industry laid the foundations to their empires and the established financial elite increased their monopoly. To this day the likes of the Rockerfellers and Rothschilds, amongst others, dominate the industry. It was at this point that the Federal Reserve Act was passed by congress and the ’Gold Standard’ abolished. The Federal Reserve is about as Federal as Federal Express. Its policies are approved by government and the President of the USA decides who sits on the Board of Directors. The Federal Reserve has a license to print money and lend it to the US Government, with interest of course……

Societies like ‘Skull & Bones’ and the ‘Bildeberg Group’, made up of elite businessmen, bankers, politicians and royalty regularly meet behind a wall of secrecy under the protection of the CIA, FBI and Homeland Security Agency. Nobody without an invite has managed to gain access to these meetings but the agenda is likely to be the continuation of the dominant role they play in politics and money……
We are all enslaved by debt. A debt not created by us……

Watch – Money as Debt

http://video.google.com/videoplay?docid=5352106773770802849#

For a full enlightenment on the New World Order watch Alex Jones – ‘Total Enslavement III’

http://video.google.com/videoplay?docid=-448659287463550973#

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