The world is drowning in debt, warns Goldman Sachs

no shit sherlock

No shit, the entire system is a debt based ponzi. How rich of them to play dumb right before their scheme collapses on purpose before their new economic nwo reset is put in play.

"The world is drowning in debt, warns Goldman Sachs"

As they smile and twist thier mustache.

It helps to poke the embers.

It would have helped a while back. Now you are just getting burned by the big bonfire. dont be an idiot

Unfortunately a nation's resources are limited. To produce anything, you need resources. Only very few are needed those days to gather those resources and even less are needed to turn those resources into products.

Increasing working hours or retirement helps with nothing, other than with increasing youth unemployment. You only need a few human working hours, for the almost fully automatized processes of collecting resources and turning those into products.

You can of course get rid of all pensioners. Everyone over 55 has to be turned into soylent green for the greater good.


The nations will never get out of debt and they know it. As soon as they cut the money supply and stop inflating, the lack of new loans and deflation will make it impossible to serve the debt rates, leading in a sell out of the nation, which is of course intended.

land, water even the air owned by large international corporations controlled by the global banking mafia tribe. That's the goal.

Ultimate slavedome, with no chance to revolt vs a total surveillance world, with super high tech military weapons allowing to keep the slaves at bay, with just a few slavemasters pushing the buttons.

Wow, from the same company that negotiated Greece into ruin. Only to take bonuses for themselves and the politicians.

And they're giving US advice?

increasing work hours or retirement age basically means raise cost of goods and services, which basically means inflation.

well no shit.

but they are kicking it down the road because inflation would collapse us in a few months. However the FED will lie and hint that they are raising rates, which they wont do.

But it keeps the market rigged.

[link to www.telegraph.co.uk]

"There is too much debt and this represents a risk to banks.

There, fixed it for ya.

Time for the world to give GS the giant middle finger!

Another excerpt:

"The demographic shift means that we need to look to more creative policy, including immigration and workforce expansion in order to find ways to pay down debt."

The question is obvious. If immigration and workforce expansion has not helped in the past, debt has only increased, why do they apply the same "policies" now?

Of course this is obvious to some.

Last Edited by Lil' Red on 05/26/2015 08:30 PM

People don't understand the "debt".

Wells Fargo confirmed when a Homeowner finances a "loan", the homeowner is financing--> debt.
Say what?

Who in their right mind would finance debt??

Actually, how can anyone finance something that has negative value (debt)??

Here is what the Banks are doing...
When you obtain your own credit the Bank is in control of to purchase a house or car etc...

The Bank will take your credit amount and turn it into the Banks fiat currency, then attach interest to it.

Did you catch that?
The Banks dont give out loans, they give out illusions!

Your credit amount is a valueless number that represents what you are able to work and pay for.

But the Banks will turn your valueless credit number and print it out in the banks fiat currency... with interest attached.

But the Banks fiat currency issued straight from the printer is also valueless just like your credit amount.

But actually, the Banks fiat currency issued straight from the printer is worse than valueless...it is negative value (cost for material and to print), and that folks, is where the debt comes in.

*The Bank turns your credit into debt by printing your credit amount into the Banks fiat currency.

But why oh why would the Bank do that, its not very nice!

*Because the Bank cannot attach interest to 'your' credit but can attach interest to the Banks fiat currency.

* The Bank cannot put a lien on your credit but the Bank can put a lien on its fiat currency.

So when you purchase a house or car...instead of the Bank using 'your' credit, it will use the Banks fiat currency and because the Banks fiat currency has a lien on it, will also put a lien on whatever you purchase!


The Bank charges everyone interest for using its fiat currency that has no value (because its issued without backing, coming straight from the printer).

Share the message...

Last Edited by Donny Boy on 05/26/2015 08:34 PM

How about doing away with "usury" to begin with. Then you can do away with non-productive government jobs that only hinder business with endless regulations and code violations.

Then they could confiscate most of the illegal money banks loot from us. Then they could actually educate kids instead of dumbing them down.

Then they could quit wasting obscene amounts of money on wars and maybe spend some money on things inside these nations.

Those are just things to start off.

With 6 billion competing and the global elite colluding, it is going to be a globalist utopia for them.

The slave trade days will look like a paradise when the black man had living wages via food, water and hay stack to sleep in.

Read my above reply.

The Banks interest charge is worse than usury because the Banks fiat currency is your credit amount.

The Banks fiat currency just like your credit, has no value.

The Banks attach interest to fiat currency not only has no value, but actually negative in value because cost of material and time to print.

The Banks are printing everyone's credit amount into the Banks fiat currency so the Bank can put a lien on its currency and attach interest... they cant do that to your credit.
And people have been duped with the word 'money'.

Call Wells Fargo, they should tell you the Homeowner finances debt (negative value).

They sell the homeowner the Banks fiat currency even though the Bank knows it has no value.

Where does value for the Banks fiat currency come from?

Labor.

Citizens time/energy and labor adds value to it.

That's why the Bank is charging interest.

The Bank collects fiat currency from Citizens Bank account 'after' Citizens work...because through working, Citizens are adding positive value to the Banks fiat.

This is how the Banks "create money out of thin air"...by turning your credit into the Banks negative value fiat currency, attaching interest, then collect fiat currency with positive value from your Bank account after you work.

This Banking system has turned people into slaves and people allow it because they cannot recognize the simplicity of what is taking place.

Remove the word "money" from your vocabulary or you may never be able to understand it.

Share the message...

Last Edited by Donny Boy on 05/26/2015 08:51 PM

This is actually pretty simple....

When the US government digs itself into $20 TRILLION of debt - debt that everyone knows will never be repaid - and reduces interest rates to an effective NEGATIVE yield when inflation is taken into account - then it makes all the sense in the world to jump on that bandwagon because you know damn good and well TPTB will do what it takes to protect the DEBTORS - since they owe more than anyone ever has in the history of man.

If you go DEEPLY into debt and purchase cash-flowing assets, you are in fat city, baby!

Everyone on the planet is doing it. Get on board and ride this express elevator into the bowels of fiscal hall.

It appears from observation, that technology has not reduced working hours. If it has not done this over the past many years, then can we assume it will? In shopping centres, you will find automated check-outs and so forth. There is increase unemployment perhaps as a result, which the government uses as a "talking point" for their propaganda. Yet those that do work, seem to be under a hard yoke, of needing every dollar they can get to "pay of their life time mortgage", living on this earth they were born on.

The Jetson's few hours a week, seems to be possible. If they shared the wealth down. Yet, observation reveals technology has not really given abundance and free time to all, but only a minor few.

The US Gov prints and spends credit NOT money.

Credit is debt.

You spend credit, the debt increases.

You pay with money, no debt exists.

The Gov uses people like credit cards

The illusion is the word 'money'.

You cannot print fiat currency with positive value straight from the printer... only negative value.
It can only act as credit, but people are duped into thinking the US gov is printing "money" .

Last Edited by Donny Boy on 05/26/2015 08:57 PM

Translation

Shut your cakeholes slaves, prepare to work until you die and get used to domain noodles, if you are lucky.

Just be glad we allow you to watch the kardashians and other nitwits while you Facebook pics of your meal and your ugly kids who you live vicariously through.

Rip the free world

Of course, it's a world of debt slavery. The banksters can't wait to entangle every last soul in their world of high interest rates and debt that can never be paid off in a person's lifetime.

Ha! Facebook pics of meals, dogs, kids, and spiritual memes that make them feel like it's not all for nothing!

I don't even know what a kardashian is. I am sure they fit in a winepress either way. When I go to the news site, I squint my eye, gather the loot, and quickly bolt.

An excellent assessment. I would add, however, that debtor's dollars have value in day to day life (can't live without money), whereas the bank's is simply numbers in a computer.

WHO'S HOLDING THE NOTE??





MAYBE

Nobody ever considers Option #3: Spend Less

Destroy The dollar,destroy the banks

again it's never what we're told and always what it seems to be , simpler.

You haven't refuted a god damn thing I said. So I assume you agree with me

It is an illusion and so is all this debt. Just cancel it all.

Can't wait for the next CME or EMP. that will make the black plague seem like a Christmas break.

already working 60 hours a week.

fuck.

As someone who has never had debt (and subsequently owns fuckall) I hope the debtors and creditors all burn in hell.
Fuck them for setting it up, and fuck you for playing their game.
You didn't have to...you chose to.

Debt is baked into the central banking cake - it couldn't function without it - now that the debt has spiraled past the point where the Ponzi can function - now the Proles get austerity, then a new central banking system takes its place and it is off to the races again until it crashes and burns, and over, and over.

The best option is to stay out of debt, and if you are in real debt to another man, pay him off - that is the moral thing to do. If it is to the banks - time for shekel default without remorse - it isn't real, it was created from more debt.