Finance VI
Debt will bring this country down faster than anything else. The national debt is constantly growing. More and more of it and its interest are owed to foreign banks and big money lenders. If the foreign banks were to call in the loans, they would own this country. Corporate debt is very important as the interest that is paid by the corporations is passed on to consumers in the form of higher prices. Just another thing that drives inflation. While the government tells us that the inflation rate is only two or three percent, do not believe them. The real inflation rate is well over ten percent. The way the government fixes the figures is that anything that goes up more than they want it to is eliminated from that months figures. For instance: When the cost of fuels rise twenty or thirty percent, the controlled media tells us that inflation, without the cost of fuels was only 2.5 per cent. What that means is that if you quit driving to work, quit heating your house, quit cooking, etc., etc. you would make out pretty well. Guess what? That is not the way it works in real life. Now we come to private debt. This is my biggest concern. Like all other debt it is owed to the few large banking families that have always controlled the worlds money. We were at the point where there were more personal bankruptcies than at any time in history. Once that point was reached the rules for bankruptcies was changed. Now it is much harder to file and you will still wind up paying most of your debt back. I believe the reason for this is to finally get to the point where a depression can be caused and 75 or a larger percent of the private property in this c0untry can be taken over by the banks. At that point fasciunism or even communism can be forced on the country. The bankers will probably let some of the larger corporations off the hook for "The good of the country". Actually it will be their friends that helped bring all of this about. That is what I believe is taking place. In my next post I will be immigration and racism and how the interconnect and are being used to drive a wedge into this country.
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