U.S. National Debt Additions (Photo credit: Wikipedia)
English: National Debt Graph (Photo credit: Wikipedia)
Argentine public debt, 1994–2004. (Photo credit: Wikipedia)
The excellent blog Political Cleanup is asking:
- The agenda of the global elite is to CONTROL
- People as well as the resources of the planet
- It rules by
- Controlling the currencies of nation states via central banks
- The central bank of central banks is the Basel International Bank of Settlements
- Money is a medium of exchange?
- Virtually all money is created as DEBT aka CREDIT
- Its main function is to pay INTEREST to the issuer
- i. As ‘costs’ to banks
- ii. shares to corporations
- iii. dividends to shareholders
- iv. rent to land / property owners
- Debt is legally enforceable
- i.e. money has become THE tool to CONTROL…
- digital footprints everywhere…
- Dishonest Money creates dishonest people
- The Rule of Law has been replaced by the Rule of Money
- Criminals rule aka anarchy…
Posted in Austerity, Banks, Campaigning, Central Banks, Credit, Crisis Analysis, Currencies, Debt, Financial products, Globalisation, Money, Money Supply
Tagged bank of england, Central bank, Forum for Stable Currencies, government, Government debt, money as debt, national debt, Rule of Law, Westminster
A tiny group of banks controls the wold’s economy
Posted: 26 Feb 2013 07:25 AM PST
The Zurich team can. From Orbis 2007, a database listing 37 million companies and investors worldwide, they pulled out all 43,060 TNCs and the share ownerships linking them. Then they constructed a model of which companies controlled others through shareholding networks, coupled with each company’s operating revenues, to map the structure of economic power.
The work, to be published in PLoS One, revealed a core of 1318 companies with interlocking ownerships (see image). Each of the 1318 had ties to two or more other companies, and on average they were connected to 20. What’s more, although they represented 20 per cent of global operating revenues, the 1318 appeared to collectively own through their shares the majority of the world’s large blue chip and manufacturing firms – the “real” economy – representing a further 60 per cent of global revenues.
www.klagemauer.tv [wailing wall], a remarkable global news agency, published in Switzerland, that presents online news very smartly in mainstream media style.
This video contains the following stories [the links take you to different but English stories]:
- Rothschild’s $200 million bet regarding the demise of the Euro
- The Bank of North Dakota as a state-owned bank for the state’s citizens
- A few families rule the World
- Who rules money?
Fascinating are the differences in language, implied by German and English. I.e. the German word for ‘citizen’ implies the ‘guarantee’ for debts! The German for ‘debt’ is the same as for ‘guilt’. The German for ‘interest’ is very different from paying interest and having an interest.
- Nice cartoons illustrate how 98% (rather than 97) Credit [created by banks at interest] and 2% (rather than 3%) Cash [created by governments interest-free] are the money in circulation.
Posted in Banks, Cash, Central Banks, Credit, Interest, Mass Media, Money, Money Supply, National Debts, News, Online activities, public debts
Tagged Bank of North Dakota, Business, English language, Financial Services, German, German language, Germany, government, interest, Johnny Cash, money supply, National bank, united states
DAVOS/SWITZERLAND, 30JAN10 – Olafur Ragnar Grimsson, President of Iceland captured in the session ‘Financial Risk Management 2.0?’ of the Annual Meeting 2010 of the World Economic Forum in Davos, Switzerland, January 30, 2010. (Photo credit: Wikipedia)
The Only 3 Minutes Of Any Worth From Davos
Submitted by Tyler Durden – Zero Hedge
How Iceland Overthrew The Banks
“Why do we consider banks to be like holy churches?” is the rhetorical question that Iceland’s President Olafur Ragnar Grimson asks (and answers) in this truly epic three minutes of truthiness from the farce that is the World Economic Forum in Davos. Amid a week of back-slapping and self-congratulatory party-outdoing, as John Aziz notes , the Icelandic President explains why his nation is growing strongly, why unemployment is negligible, and how they moved from the world’s poster-child for banking crisis 5 years ago to a thriving nation once again. Simply put, he says, “we didn’t follow the prevailing orthodoxies of the last 30 years in the Western world.” There are lessons here for everyone – as Grimson explains the process of creative destruction that remains much needed in Western economies – though we suspect his holographic pass for next year’s Swiss fun will be reneged…
URL of the video (iceland president interview at davos):