posted on May, 20 2010 @ 12:59 PM
The world economic system is highly interdependent and extremely delicate. We recently saw how the collapse of a single financial institution (Lehman
Bros), which was largely engineered by naked short sellers, almost imploded the entire world system. That was no chance occurance, it was the result
of a deliberate attack by shadowy hedge funds.
The current economic system will inevitably collapse. It was designed to collapse, because the only way the economy can grow in this system is by
Every dollor is a note--an issuance of credit, so the more dollars in existence, the more debt there is, and there is always interest attached to that
debt, which exceeds the total amount of dollars in existence. This is how the system was set up, and those who designed it were not idiots. They knew,
without a doubt, that some day the debt would exceed the ability of anyone to pay it back, hence--collapse.
The question is who benefits from an economic collapse? The answer should be obvious. The beneficiaries will be the Federal Reserve (the primary
issuer of credit and debt) and the major banks that own the Federal Reserve (and the other central banks around the world).
When you default on a debt, the collateral put up to secure that debt goes to the lendor. Hence, when the global collapse occurs, paper money will
become worthless, but the vast majority of real property in the world will fall into the hands of the ruthless banks, which set up the system in the
first place (with the complicty of corrupt politicians).
As Carrol Quigley wrote in "Tragedy and Hope" (Quigely was Bill Clinton's mentor at Georgetown University, and was mentioned by name in Clinton's
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands
able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion
by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the
system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks
which were themselves private corporations.”
This plan is about to come to fruition. Whether or not they will, in the final analysis) succeed in creating a new feudal system (lords and serfs)
remains to be seen. I dont think it will work out in the long run.
But I do believe that this cabal is about to pull the plug on the current system, so that they can give it a shot.