Dirty banking secrets: our perpetual debt-based economy is generated by a global breakdown of semantic. 'Worldwide Ground Zero' will not be a Hollywood release.
It's only when the tide goes out that you learn who's been swimming naked - Warren Buffet (2007) --- If you do not know Nomi Prins yet, her book titled 'Other People's Money' deserves to be put on your must read list a.s.a.p. Her work is an appalling indictment and it will irate you beyond anything you can imagine. Indeed - Prins argues that the free market system is in the hands of criminal wizards whose machinations have overrun the government while claiming to be its champions - and that there is no way to stop those scandalous doings with the system now in place.
'If all the bank loans were paid up, no one would have a bank deposit, and there would not be a dollar of currency or coin in circulation. This is a staggering thought. We are completely dependent on the commercial banks for our money. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money, we are prosperous; if not, we starve.... Robert H. Hemphill, Federal Reserve Bank of Atlanta
We are truly heading toward a terrifying and inevitable crisis of civilization and this is our very last warning before being plunged into an era where money and food will be scarce for many years to come... Contrary to the popular belief, money is not the root of all evil but usury is.
Controversial philosopher, Ayn Rand, once claimed that money is the barometer of a society's virtue. As the global crash looms our world debt orgy came with a very nasty string attached and called: 'Inflation Holocaust'. Usury, credit and deficit spending are the nemeses of any system - Communism fell apart and now Capitalism. Yet, lawmakers call for more regulations instead of looking at the deep root causes - Hello... Fascism!
It has always been a jungle out there and in this time and place and something has radically changed the fabric of society; something so insidious that goes far beyond 'greed' and which is so deeply entrenched that is repellent to the mind to even think of doing something about it.... meanwhile global shadowy finances are about to bring down the house.
"Superclass: The Global Power Elite and the World They Are Making" is also the title of a book written by David Rothkopf who has identified "just over 6,000" people who match his definition of the superclass (with the help of his researchers)- and described its ability to rule the lives of billions of people worldwide. While there are 'good guys' among that very superclass, they are clearly not winning. It is now up to us to get ready for the world's 'final monetization'.
There is no shortage of disconnects in logic in the economic world we live in. Bill Gross, manager of the world's largest bond mutual fund, sums it up like this: it is a 'Frankensteinian' levered body of shadow banks promoting a chain letter, pyramid scheme of leverage.' ... Is there a revolt of 'The Debt-Slaves' in sight?
Consuming Our Way to Unhappiness. 2001 was the year of the discovery that billions of world citizens had embarked on a runaway train whose destination is still unknown, up to this very day. Maybe has the time come to embrace The Teachings of Buddhabot?
There is a blockbuster currently playing and entitled *The Enronization of the world* or How has the *easy money binge perpetuated the illusion of wealth*. A financial detox is inevitable.