Most people know that all is not well across the globe but find it difficult to identify why, what or who is to blame.
The degree of damage being done in the world as a result of the production and control of money being in the hands of privately owned central banks has been catastrophic to ordinary people and has been throughout history. We are now faced with totally unsustainable levels of debt that can never be repaid
So how is this unprecedented level of debt going to be dealt with, because most of the potential solutions, if implemented, would cause major civil unrest. The last 40 years has seen almost ' exponential' levels of growth which clearly cannot continue in a world with declining, finite, resources.
Most realistic Financial Analysts, Business and Economic Advisers all agree that the world financial crisis has been caused by a constant, expectancy that our economies will continue to ‘GROW’ in the face of increasing costs, decreasing world resources and totally unprecedented levels of debt. The recent results from the Royal Society People and the Planet Working group who were asked to examine the future of population with the World Economic Crisis concluded that we can no longer continue to expect "Growth' to be our main driving force for well being.
Most people have no idea how our monetary system works or about how money is created or by whom. The fact is that people in the western world have been living totally beyond our means for the past 50 years and in so doing have run up debts that are truly unsustainable.
Whilst Governments would have us believe that that they are intending to reduce these levels of debt through austerity measures, the truth is that our current monetary system can ONLY continue by increasing these debt levels. It is mathematically impossible to do anything other than increase the national debts.
It is believed that Central Banks are continuing to do everyone a favour by keeping interest levels at their current minimal levels but the truth is that these low interest rates are damaging business and investment and crippling those older people who have done the right thing all their lives and saved for their retirement. Those others who have squandered their money and lived the high life as well as those who have lived on debt are now being rewarded.
It is clear that the media, governed and controlled by multi-national trans-global corporations are, together with the Central Banks and Governments seriously manipulating the whole system and creating huge ‘Bubbles’ in every area of investment. They simply cannot allow interest rates to increase because they will have to find billions of dollars from within their GDP to meet the rapidly increasing costs of the national debt.
As energy costs continue to rise and as commodity costs rise we are eventually headed towards hyper-inflation, although with decreasing levels of production and increasing levels of unemployment, the most serious future event is likely to be a period of serious deflation with serius public unrest on a huge scale following.
Unless we manage to change our current parasitic Banking System where private bankers create money from ‘thin air’ causing the continuous transfer of wealth from the middle classes to the rich, things cannot ever hope to improve. We need GOvernments in the west to seriously consider the PUBLIC BANKING SYSTEM used in over 40% of the countries of th world.
In the end it is our flawed Democracy that we all need to be concerned about and the extreme form of CAPITALISM that is killing us all.