posted on Mar, 21 2013 @ 02:18 PM
Do people comprehend that the government and the nation do not own money? The central bank stockholders own the money and they want to make a profit
from everyone. They want their cut, much like a casino gets 5% from each hand dealt, regardless who wins and loses.
But from such a system the bondholders, who buy treasury bonds, invest their money and expect to get their money back plus interest. If the
government overspends and/or mismanages those funds they loose credibility and their credit rating goes down. As the credit rating goes down they
have to pay more interest to the bondholders and have a smaller debt ceiling because they are too risky and people want to make as much profit up
front as possible before the government defaults. This is true with corporations and people investing.
The true conspiracy is that all this financial turmoil seems more and more engineered. Governments ovespent and financial profit making institutions
made some really bad investment decisions that they cannot cover now. It seems absurd that so many countries would have financial difficulties at the
same time more-or-less and one nation would need to borrow from another nation, thus eventually triggering systemic collapse as the prosperous nations
are paying for the problematic nations.
I don't know all the details since I have a very limited background in macro-economics and I forgot must of what I was taught back in my college
days. I studied computer science and only took a few business courses. Those that do know are not speaking, and that by itself speaks volumes
Amateur conspiracy theorists are good but we could certainly do with more inside information. The well is dry! Can one say OUMERTA?