posted on Jul, 10 2012 @ 01:22 PM
I can fully understand the BS that WTO, ECB and ministers around the world are attempting. I ....wish to remain silent...But...I...can't.....
Mankind cannot continue live with delusions, more so at this stage, where so much had been divinely revealed. We have to acknowledge it, correct it so
that we may progress and evolve. Sweeping it under the carpet or false propaganda will not solve the problem, but only hinder us....
1. 30 billion, and only at the end of month is mere small change. Spain needs more, let alone EU itself
The ECB thought that by propping up banks, it would mean depositors and humanity will think that banks will ALWAYS be solvent, and then will not
withdraw funds. It is a stability measure, but ....unfortunately, it will only work under NORMAL conditions, unlike today.
Many of humans are worried about their savings, as the banks had only REVEALED and proven how irresponsible they are. Many will only withdraw their
funds, or call in their investments, totally to a staggering and out of this world $700 Trillion in leverages. There is NO one or institution capable
of paying that amount today. It is several times the growth of our world when included with human capital and resources!
Where does the $30 billion, or hundreds of billions in ECB and IMF came from? It came from the savings and pension funds worldwide. It is STILL the
People's money that ECB and IMF are screwing with by bailing out banks instead of the People.
When the banks received those money, depositors will only withdraw it, as these are uncertain times, and hide it at home, thus not circulating money.
Investors will demand their investments backs, and pandominum breaks out, for there is not ENOUGH money to pay off everyone.
Worse still, with austerity drives, such as those practiced by the corrupted and manipulated Spanish govt - to bail out banks instead of the People,
there will be no growth. With no growth, Germany, which is the paymaster and beneficiary of EU member states consumption in terms of profits obtained
and interests from loans, Germany will too spin into a recession when EU folks wear collar chains around their necks.
Resulting in a few billions who had managed to get their savings and investments out in time, HOARDING it big time, with NO circulation of money. In
time, as ECB and IMF continues to use worldwide funds to prop up failed banks, the world will starve. And humans have NO capacity to watch their loved
ones starved. Wars and barbarism will eventually rise and doom our planet in a mushroom cloud conflagaration.
But what is the solution?
It had already been long offered by many around the world to EU beancounting management, but disregarded in their misplaced loyalty to banks instead
Sit back....grab a beer...and watch it....all ...go down. Won't be too long now, if those bean counters refuses to wake up....