He Who Controls the Money Controls the World Economy
I felt to include in the title ‘economy’ as I do not believe they control the world as a living system within a cosmos. Clearly they don’t as life natural support systems are being damaged as a result of debt creation and economic activity.
I have some different views to the commentator but… Continue reading
The US is $20 Trillion + in Debt
The dream is becoming a nightmare for many me thinks. People may want to consider peace not as some etheric notion but a real alternative to fighting wars that become a lose/lose for all, except the military industrial complex (short term). my feeling is to say in the longer term it cannot continue… Continue reading
Australia’s Debt Reported by Bank of International Settlements
http://www.abc.net.au/news/2018-06-25/australia-named-as-household-debt-problem-country/9905390
Australia’s debt binge ‘coming to an end’, says Bank for International Settlements
Updated about 5 hours ago
Steve Keen Predicts Private Debt Induced Stagnation
This is an opinion and analysis by Steve Keen on The Conversation. I have been getting inspiration around the Great Depression and 2008 crash myself. It never surprises me when I see intuitive correlations. I trust my gut. It answers some questions re: tax cuts.
https://theconversation.com/i-predicted-the-last-financial-crisis-now-soaring-global-debt-levels-pose-risk-of-another-84136
Holding the US Government to Ransom?
The insecurity of credit enables us to borrow more than we need and need more than we can borrow. The economic system needs credit to keep functioning. Power politics is about winning. When will the bottom line become ethics and values? I am waiting still, I am still waiting.
http://www.theguardian.com/business/2013/oct/08/republicans-obamacare-shutdown-debt-ceiling-explainer… Continue reading