III
11-11-07, 20:25
... CALCULATED COLLAPSE
The news is filled at the moment with potential horror stories about the world economy and it all has a very familiar ring. Forget about the nonsense you hear from economists and business news correspondents about the 'economic cycle', it's all run like a military operation.
First of all, I should make the point, not that readers of these newsletters need telling, that the economic system is utterly, totally and completely, without any saving grace, insane to the point where nothing less than a padded cell is applicable. Or, at least it would be if its intention was really to serve the interests of the human race and our shared environment. But, given that its entire structure is there to enslave the global population, the apparently insane morphs into the truly brilliant ...
... The simple fact is this: When banks make a loan they 'create' on their computer screens (put into circulation) the amount of the loan. They do not create the interest that will have to be paid on that loan. This means that there is never enough 'money' in circulation to pay back all the principle and interest on the loans that have been made at every level of global society.
Unpayable debt, bankruptcy and economic catastrophe for the victims is built into the system – on purpose.
The news is filled at the moment with potential horror stories about the world economy and it all has a very familiar ring. Forget about the nonsense you hear from economists and business news correspondents about the 'economic cycle', it's all run like a military operation.
First of all, I should make the point, not that readers of these newsletters need telling, that the economic system is utterly, totally and completely, without any saving grace, insane to the point where nothing less than a padded cell is applicable. Or, at least it would be if its intention was really to serve the interests of the human race and our shared environment. But, given that its entire structure is there to enslave the global population, the apparently insane morphs into the truly brilliant ...
... The simple fact is this: When banks make a loan they 'create' on their computer screens (put into circulation) the amount of the loan. They do not create the interest that will have to be paid on that loan. This means that there is never enough 'money' in circulation to pay back all the principle and interest on the loans that have been made at every level of global society.
Unpayable debt, bankruptcy and economic catastrophe for the victims is built into the system – on purpose.