It's a straight-up robbery.
The world economy has been deliberately and systematically bled dry by the big banks. They have made trillions betting with our money and when the bets failed they went to the government and put a gun to it demanding more. The governments of the US and the UK (who were in on the scam anyway) responded and bailed out these banks, citing them "too big to fail" and putting these economies trillions in debt. Several Euro zone countries have fallen in a similar way, and now the people are being threatened with "austerity measures" which is just a way to squeeze even more blood from a beaten populace. It has already happened to Greece, Spain, Italy, Ireland, Portugal, France and the UK, and it's not going to stop until every country on the planet is buried in debt, if indeed it ever does.
When you understand how this works, remember that your wages are taxed (not just with income tax but also a plethora of sales taxes) and this tax contributes to paying back this "debt". Therefore you, and the children of the future, are working mainly to pay off this falsely imposed debt. If you still have a well paid job you might not think it's so bad, but have you noticed how everything has gone up so much lately? Inflation is the invisible tax that slowly reduces our buying power and cripples us.
Michael Snyder from The Economic Collapse Blog says that even the figures for inflation are manipulated:
"Right now, the U.S. government says that the annual rate of inflation is somewhere around 2 percent. Those of you that have to buy food and gas on a regular basis realize how much of a joke that is. Thankfully, there are others out there that keep track of these statistics as well. According to John Williams of shadowstats.com, if inflation was measured the same way that it was back in 1980, the annual rate of inflation would be more than 10 percent right now."
Quantitive Easing (printing money) dilutes the value of all money in circulation. When they create more money, they're not actually creating it, they're indirectly stealing your money. It's important to note that while this is happening in the US, it affects every country on the planet, due to the interconnection of the global economy and the fact that most of the world's oil is backed by the US dollar.
So while you might be thinking, "What can I do?" about all this, remember that there are already millions of people protesting this injustice all over Europe. You don't see it on the news in any great detail, and the real reasons are certainly never explained.
There are initiatives going on, such as bank runs, and also the People's Bailout; which attempt to break us from this enslavement. This might not make much of a dent but it does help to change the public's perception of debt. And that is the most important thing.
Only when the public realise that they've been taken for a ride can anything change. People have to understand that debt is a scam that is now enslaving all of us. This isn't about consumer debt, and the attitude of "if you ran up a debt, you should pay it off" is infuriating in its naivety. Governments have been complicit in manipulating economies to create debt bubbles and when those bubbles have burst, they have taken on even more debt to pay it back, at YOUR expense.
Every day you go to work, even if you enjoy your job and are well paid, you are not earning anywhere near what you should and could be earning. Average wages have not only stagnated while everything goes up, but they have plummeted. Meanwhile, taxes increase and are added to more and more that you need to buy. On top of this, there is more and more you're forced to pay for. By accepting this and continuing to work, you are feeding the system that enslaves you.
We are all much, much poorer than we should be. And it's no accident.
It's time to get angry.
The world economy has been deliberately and systematically bled dry by the big banks. They have made trillions betting with our money and when the bets failed they went to the government and put a gun to it demanding more. The governments of the US and the UK (who were in on the scam anyway) responded and bailed out these banks, citing them "too big to fail" and putting these economies trillions in debt. Several Euro zone countries have fallen in a similar way, and now the people are being threatened with "austerity measures" which is just a way to squeeze even more blood from a beaten populace. It has already happened to Greece, Spain, Italy, Ireland, Portugal, France and the UK, and it's not going to stop until every country on the planet is buried in debt, if indeed it ever does.
When you understand how this works, remember that your wages are taxed (not just with income tax but also a plethora of sales taxes) and this tax contributes to paying back this "debt". Therefore you, and the children of the future, are working mainly to pay off this falsely imposed debt. If you still have a well paid job you might not think it's so bad, but have you noticed how everything has gone up so much lately? Inflation is the invisible tax that slowly reduces our buying power and cripples us.
Michael Snyder from The Economic Collapse Blog says that even the figures for inflation are manipulated:
"Right now, the U.S. government says that the annual rate of inflation is somewhere around 2 percent. Those of you that have to buy food and gas on a regular basis realize how much of a joke that is. Thankfully, there are others out there that keep track of these statistics as well. According to John Williams of shadowstats.com, if inflation was measured the same way that it was back in 1980, the annual rate of inflation would be more than 10 percent right now."
Quantitive Easing (printing money) dilutes the value of all money in circulation. When they create more money, they're not actually creating it, they're indirectly stealing your money. It's important to note that while this is happening in the US, it affects every country on the planet, due to the interconnection of the global economy and the fact that most of the world's oil is backed by the US dollar.
So while you might be thinking, "What can I do?" about all this, remember that there are already millions of people protesting this injustice all over Europe. You don't see it on the news in any great detail, and the real reasons are certainly never explained.
There are initiatives going on, such as bank runs, and also the People's Bailout; which attempt to break us from this enslavement. This might not make much of a dent but it does help to change the public's perception of debt. And that is the most important thing.
Only when the public realise that they've been taken for a ride can anything change. People have to understand that debt is a scam that is now enslaving all of us. This isn't about consumer debt, and the attitude of "if you ran up a debt, you should pay it off" is infuriating in its naivety. Governments have been complicit in manipulating economies to create debt bubbles and when those bubbles have burst, they have taken on even more debt to pay it back, at YOUR expense.
Every day you go to work, even if you enjoy your job and are well paid, you are not earning anywhere near what you should and could be earning. Average wages have not only stagnated while everything goes up, but they have plummeted. Meanwhile, taxes increase and are added to more and more that you need to buy. On top of this, there is more and more you're forced to pay for. By accepting this and continuing to work, you are feeding the system that enslaves you.
We are all much, much poorer than we should be. And it's no accident.
It's time to get angry.
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