The world is drowning in debt, warns Goldman Sachs

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...

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.

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" .

Your points hit home for me.

It all ties back to the fundamentals of trust.

A lack of trust comes at a cost.

Through inefficient contracts and agreements, we transact without trust via 'money', the fiat currency, the pinnacle of said contracts, whereby only "in god we trust".

Interest compounds because trust will never be the product of distrust - Ie if there is interest, then there was no trust to begin with.

Most regretful of all things I will say, I close in saying it is a shame that countless bloodlines of trust worthy, honerable soldiers chose to stand, fight, and die for your contractual-distrust!

twentytwenty

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.

No it is not. Debt is an illusion, so is money. When you buy into their system you slave yourself away. Fuck the system. I am outside of it, not bound by it, because I choose not to have it define me, nor control me. Live your life accordingly. If you want to be a slave to debt, sign the dotted line, if you want to live free as the rest of the species on this planet, adapt. Manipulate the system to your advantage. Survive. Fuck the corrupt, debtors prisons, for profit fuckheads. In a moment their heads will be fed to the pigs they became. Let it fall. No one is entitled to shit.