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The Greatest Debt Crisis The World Has Ever


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#1    david icke is right

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Posted 18 September 2013 - 12:40 PM

http://investmentwat...seen-is-coming/

The largest mountain of debt in the history of the world just continues to grow even larger, and everyone knows that this colossal debt spiral is not going to end well.  But we all keep playing along because nobody wants the party to end.  Right now, there is an unprecedented ocean of red ink covering the planet.  Globally, governments have never been in so much debt, corporations have never been in so much debt and consumers have never been in so much debt.  But every time someone suggests that this is a problem and that we should at least try to get debt levels to settle down a bit, people start screaming that “austerity” will hurt the global economy.  And of course it will.  But we can’t continue to live way, way above our means indefinitely.  Well, we can try, but at some point this entire house of cards is going to come crashing down and we are going to be facing the greatest economic crisis the world has ever seen.
It is kind of like watching a slow-motion train wreck that you have no chance of possibly stopping that you know will end up killing lots of innocent people.  This debt crisis is going to end up destroying the global financial system, but there is not a thing that you or I can do to prevent it from happening.  The unprecedented debt binge that we are witnessing right now is going to continue until someday we hit a brick wall of financial disaster.  We can yell and we can scream, but it isn’t going to stop what is happening.
As the Telegraph recently noted, even the Bank for International Settlements is warning that debt levels are way too high.  According to the BIS, total public and private debt levels are now 30 percent higher than they were in 2008…


People better start doing some overtime.

This so called debt is money that never existed in the first place.  The human race has one option and that is to wake up to this fact that

Where it says " I promise to pay the bearer the sum of 10 pounds"   is actually weight in gold.

Pound = weight not money, MONEY DOESN'T EXIST!!

'Bearer' "One that holds a check or other redeemable note for payment"

Payment in GOLD!!  

People are going to be commiting suicide for NOTHING that existed in the first place.   It's happening now.

Realize that the game is rigged and that a private company prints up paper and we believe it is real. We've been sucked in big time as human beings by PURE EVIL!!

Once the penny drops you can live life to the full again and not worry about it as it was never there in first place to worry about.

Good news for once.


#2    Babe Ruth

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Posted 18 September 2013 - 01:41 PM

If debt means anything at all, this story seems to be meaningful.  Is debt an illusion, or is it real?

Yes, I think this depressing analysis is probably too close to the truth. :innocent:


#3    david icke is right

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Posted 18 September 2013 - 02:24 PM

View PostBabe Ruth, on 18 September 2013 - 01:41 PM, said:

If debt means anything at all, this story seems to be meaningful.  

Quote

Is debt an illusion, or is it real
?

Yes, I think this depressing analysis is probably too close to the truth. :innocent:

It's not real, how can money exist when money has to be created?   Debt on the other hand is created and the debt is just promises I.O.U's I promise I will pay for it later.
NOT REAL!!!
NOT REAL!!!

Understand how the monetary system works and then laugh your head off that we believed it was real. :tsu:    Just a pure evil corporation taking control of the world with bits of paper.


#4    Babe Ruth

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Posted 18 September 2013 - 02:29 PM

Both money and debt are simply human constructs.  Everybody agrees to play the game.  When the game becomes rigged, some suffer and some gain.


#5    Ellapennella

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Posted 18 September 2013 - 02:52 PM

View PostBabe Ruth, on 18 September 2013 - 02:29 PM, said:

Both money and debt are simply human constructs.  Everybody agrees to play the game.  When the game becomes rigged, some suffer and some gain.
Conformed to do so seems more fitting. Some do so unknowingly and some of  us  knowingly. I haven't agreed to anything , just was born into a system of lies.


#6    Rlyeh

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Posted 18 September 2013 - 03:08 PM

View Postdavid icke is right, on 18 September 2013 - 12:40 PM, said:

Pound = weight not money, MONEY DOESN'T EXIST!!
So you give "favors" for your power and internet access?


#7    Dark_Grey

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Posted 18 September 2013 - 03:51 PM

I was following along until I saw the OP's username. Shortly after that,

View Postdavid icke is right, on 18 September 2013 - 12:40 PM, said:

MONEY DOESN'T EXIST!!

Some things never change..

"For God doth know that in the day ye eat [the fruit] thereof, then your eyes shall be opened, and ye shall be as gods, knowing good and evil."

"The tragedy of humanity is that we have stone age instincts, medieval institutions and god-like powers."


#8    david icke is right

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Posted 18 September 2013 - 06:32 PM

View PostDark_Grey, on 18 September 2013 - 03:51 PM, said:

I was following along until I saw the OP's username. Shortly after that,



Some things never change..

Just like some minds. :whistle:


#9    david icke is right

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Posted 18 September 2013 - 06:36 PM

View PostBabe Ruth, on 18 September 2013 - 02:29 PM, said:

Both money and debt are simply human constructs.  Everybody agrees to play the game.  When the game becomes rigged, some suffer and some gain.

That is not strictly true.   I didn't know that money was printed out of thin air, why wasn't this taught in school?   Oh yeah!

That's ok now because this simply means a new currency can be made up and we who are awoken can start to use it, start to buy things with it. Trade within ourselves and watch the rothschilds get mad and demand we are terrorist's and have chemical weapons. :whistle:


#10    Dark_Grey

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Posted 18 September 2013 - 06:38 PM

View Postdavid icke is right, on 18 September 2013 - 06:36 PM, said:

That is not strictly true.   I didn't know that money was printed out of thin air, why wasn't this taught in school?   Oh yeah!

That's ok now because this simply means a new currency can be made up and we who are awoken can start to use it, start to buy things with it. Trade within ourselves and watch the rothschilds get mad and demand we are terrorist's and have chemical weapons. :whistle:

Shouldn't you be at a protest somewhere? Clearly your ideas aren't sticking here.

"For God doth know that in the day ye eat [the fruit] thereof, then your eyes shall be opened, and ye shall be as gods, knowing good and evil."

"The tragedy of humanity is that we have stone age instincts, medieval institutions and god-like powers."


#11    david icke is right

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Posted 18 September 2013 - 07:43 PM

View PostDark_Grey, on 18 September 2013 - 06:38 PM, said:

Shouldn't you be at a protest somewhere? Clearly your ideas aren't sticking here.

I'll use extra extra :yes:  extra sticky stuff in the future.


#12    Farmer77

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Posted 18 September 2013 - 07:56 PM

View PostDark_Grey, on 18 September 2013 - 06:38 PM, said:

Shouldn't you be at a protest somewhere? Clearly your ideas aren't sticking here.

Wow the truth makes you THAT uncomfortable huh? You can bicker about verbiage all you want but the OP's post is dead on factually.

I don't suffer from insanity, I rather enjoy it

#13    Sir Wearer of Hats

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Posted 18 September 2013 - 09:30 PM

I'd be intrigued to know what his answer is then.
If money is an illusion (and technically it's not, it's a complex system of exchanges whereby a scrip of paper or plastic represents time and effort used to reach a reward) what does he suggest we change it with? What goes in it's place?

Because at the moment we have a doom-monger with nothing better to say then "we're doomed". Even the Prophets of doomed Biblical Israel offered "outs" and most of them said everyone was going to die horribly.

I must not fear. Fear is the Mind-Killer. It is the little death that brings total obliteration. I will face my fear.
I will permit it to pass over me and to move through me. And when it is gone I will turn the inner eye to see it's path.
When the fear is gone, there will be nothing. Only I will remain.

You may think you're cool, but you'll never be as cool as Peter Capaldi with an electric guitar, on a tank, playing the Doctor Who theme.

#14    hacktorp

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Posted 18 September 2013 - 10:01 PM

View PostSir Wearer of Hats, on 18 September 2013 - 09:30 PM, said:

Because at the moment we have a doom-monger with nothing better to say then "we're doomed". Even the Prophets of doomed Biblical Israel offered "outs" and most of them said everyone was going to die horribly.

It's hardly doom if it ushers in a better system...it's gonna fall either way.  Here's a good (quick) read from today:

http://www.alt-marke...at-life-support

Quote

So, why would the Fed use erroneous data to justify QE cuts today (or the next few months), knowing that our system is addicted to fiat and will shrivel like a raisin in the sun without it? Here’s the thing: The world is changing rapidly, and the course of the next decade (if not the next century) may be decided before this year is out.



#15    Little Fish

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Posted 18 September 2013 - 10:25 PM

the problem is not the "illusion" or fractional system or even that it is created out of thin air (of course it is), the problem is that the money is controlled by private groups which means they get to write the laws which makes a mockery out of "democracy". 2008 showed the world the power of those that control the money, governments caved in and gave trillions to the private corporations that control the money, money which the government will force the people to pay through taxes using the courts and the gun. where did the government get the money to bail them out? it loaned it from the same corporations that it was giving the money to. what a joke. let the bankrupt parasite banks go bankrupt because that river of wealth flowing up is only going to flow faster.





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