The World Is Now $217,000,000,000,000 In Debt And The Global Elite Like It That Way

The borrower is the servant of the lender, and through the mechanism of government debt virtually the entire planet has become the servants of the global money changers.  Politicians love to borrow money, but over time government debt slowly but surely impoverishes a nation.  As the elite get governments around the globe in increasing amounts of debt, those governments must raise taxes in order to keep servicing those debts.  In the end, it is all about taking money from us and transferring it into government pockets, and then taking money from government pockets and transferring it into the hands of the elite.  It is a game that has been going on for generations, and it is time for humanity to say that enough is enough. According to the Institute of International Finance, global debt has now reached a new all-time record high of 217 trillion dollars… Global debt levels have surged to a record $217 trillion in the first quarter of the year. This is 327 percent of the world’s annual

Source: The World Is Now $217,000,000,000,000 In Debt And The Global Elite Like It That Way

The World Is Now $217,000,000,000,000 In Debt And The Global Elite Like It That Way

The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent

The pinnacle of the global financial system is warning that conditions are right for a “full-blown banking crisis” in China.  Since the last financial crisis, there has been a credit boom in China that is really unprecedented in world history.  At this point the total value of all outstanding loans in China has hit a grand total of more than 28 trillion dollars.  That is essentially equivalent to the commercial banking systems of the United States and Japan combined.  While it is true that government debt is under control in China, corporate debt is now 171 percent of GDP, and it is only a matter of time before that debt bubble horribly bursts.  The situation in China has already grown so dire that the Bank for International Settlements is sounding the alarm… A key gauge of credit vulnerability is now three times over the danger threshold and has continued to deteriorate, despite pledges by Chinese premier Li Keqiang to wean the economy off debt-driven growth before it is too late.

Source: The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent

The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent

China Poised To DEMAND U.S. LAND As Payment For U.S. Debt

That’s part of an evolving proposal Beijing has been developing quietly since 2009 to convert more than $1 trillion of U.S debt it owns into equity. Under the plan, China would own U.S. businesses, U.S. infrastructure and U.S. high-value land, all with a U.S. government guarantee against loss.

Source: China Poised To DEMAND U.S. LAND As Payment For U.S. Debt | JEWSNEWS

China Poised To DEMAND U.S. LAND As Payment For U.S. Debt

Uncomfortable Truths About Central Banking And Money

Most people like their truth palatable, easy to digest, and believable. Unfortunately for our emotional needs, some truths are uncomfortable, unsettling, and difficult. Regarding the United States, the U.K., Europe, and Japan IT IS COMFORTING TO BELIEVE: Debt has increased exponentially for decades, and in the case of the US, for over 100 years. It […]

Source: Uncomfortable Truths About Central Banking And Money – Gold And Liberty

Uncomfortable Truths About Central Banking And Money