Showing posts with label International Monetary Fund. Show all posts
Showing posts with label International Monetary Fund. Show all posts

Monday, August 8, 2011

World Devalued

The downgrading of the US credit rating by Standard and Poors this weekend has made ripples across the globe.  The Saudi Arabia stock exchange took a dive on Saturday, and the Asian markets dipped substantially.  Today, the Dow Jones average dipped 635 points, capping the worst week since 2008.

Reports are coming in that France is in deep debt and economic trouble, followed closely behind by England (where rioters are burning government buildings while I type).  The strongest of Europe's corporate national economies is Germany, and Germany does not have enough money to bail out even Greece or Ireland again, let alone the other nations to its west.  Let's not even talk about Japan.

Am I the only person whose mind this information boggles?  Fox News' Elizabeth McDonald just reported that -

"China’s debt-to-GDP ratio is worse than the United States’ ratio. It is worse than insolvent Portugal, which is now relying heavily on the European Central Bank for help, and had to go to the International Monetary Fund to get a financial bailout.

So, let me get this straight - the largest holder of the US's $14.2 trillion (and growing) national debt is China, and China is practically insolvent (who wouldn't be?), then who is it that all these countries keep turning to for more and more bailout money?  The third-world countries can't bail us out.  Clearly, the answer is  -  the International Monetary Fund (IMF).  But the not-so-clear question is -  who owns the International Monetary Fund, and is it a collection of private, international bankers?  And where in the world did they get all their money from?
The amount of loose, mined gold in the world is always growing.   Manpower is growing.  Crops are growing (except in those places where there is drought or stupid, price-controlling farm subsidies).  The central banks (e.g. Federal Reserve) increase the money supply (ability to repay debt) by printing more paper money.  This devalues the paper wealth of a nation.  Every nation is having its net worth devalued.  By whom?  If all the industrialized debtor nations have had to put up their entire land area as collateral on the now virtually unrepayable debt, then they are all ripe for foreclosure, repossession.  All of this torment was created artificially through usury and currency manipulation.  you would think that the Devil wants to bring us to the point where we are all dead or at each others' throats. Is the ultimate purpose of usury to earn huge profit or to repossess the collateral?  Or is it to RULE THE WORLD ????
Does this all sound like insanity to you?  Who would repossess a western nation?  Who has taken our money and loaned it back to us at interest?  You ask - - if this has been perpetrated against all the (once) noble western nations, why don't they rise up and slay the banker bastard(s) who did it and put an end to all this deficit controversy?  Why? - - - - -

 - - - - Because they are in bed with them and have assented to the whole plan.  The politicians (and not a few of their buddies) are in on the scam.  This has been the scheme for the last five to six thousand years.

King James Bible (Revelation 14:8)
And there followed another angel, saying, Babylon is fallen, is fallen, that great city, because she made all nations drink of the wine of the wrath of her fornication.
Do scriptural prophecies tell us reliably what is awaiting us?

Saturday, June 26, 2010

The World is Broke ???

Watching Fox News (again !!!) this morning, I heard spokesBarbie, Jamie Colby, announce a segment noting that "The World is Broke" !!!

Not two weeks ago, another Fox News commentator remarked that the "world is broke". Now, I am NOT an economist. I barely understand daily compounded interest. That makes me no different from the vast majority of the world's population. However, it should strike the the average lay-person that the suggestion that the "world" could be "broke" is patently absurd. . . . . . .

UNLESS - - -

Somebody has taken the world's money.

How could that happen, you ask. Well, if all currency created today is "loaned" into circulation, interest must be paid on every dollar spent. If you borrow ten dollars and promise to pay back eleven, you have to hunt for the eleventh dollar somewhere. Then, if you borrow ALL of the money that is nationally available, it gets harder and harder to find that "eleventh" dollar. . . .

UNLESS - - -

- - you print more paper dollars. Magic, right? Problem is - the more you print phony paper currency, the more you inflate/deflate the currency - causing INFLATION. Then, the only way to protect against RUNAWAY INFLATION and the crashing of the currency is to tax a good portion of those extra paper dollars out of circulation through national taxation (IRS).

So, if all of the (non-rogue) "western"-style nations are playing the same game, the result is that they all end up spending more than they produce (to support entitlement programs and wars) and they all run up heavy debts to PRIVATE banks like the "FEDERAL" Reserve and the INTERNATIONAL MONETARY FUND, and they face mushrooming interest burdens as the debt grows (see Greece).

Simply put, each participating nation owes more than its annual profits in debts to a private (money-changer) bank. Each nation is beholden to that private bank to periodically "bail it out" to keep government offices functioning. So if virtually all of the world's nation-corporations are insolvent and in receivership, everybody is strapped with debt, impoverished and enslaved . . . . . . . . but TO WHOM ?????

Governments pay farmers to NOT GROW certain crops. WHY ?? - in order to keep crop prices artificially propped up. Does this cause food shortages?

People complain that the world is "over-populated" - - SIX BILLION people. With six billion acres of land in Montana, that is enough for each person to have an acre.

If there are "shortages" in the world, I suspect they are contrived and manipulated. There is NO shortage of farmland (although we insult it by not practicing the land sabbath). There is no shortage of man-labor hours (especially in this period of mass unemployment). There should be no shortage of money (gold, silver, paper currency) unless someone has confiscated it. Our systems of distribution are more efficient than they have EVER been.

Besides, the law of the jubilee requires that ALL debts be forgiven every 50 years and all "corporations" be dissolved every 50 years. That way, private banks cannot exact ever-escalating usury payments from nations and bring ordinarily-free citizens to their knees.

So, here is the big question - who are these "private banks" to whom the nations owe so much money? Where do they reside? Where have they stashed all the gold and silver they have plundered from the nations? Why have all the nations simply not balked and repudiated all that debt and interest so that they can be free and prosperous again? Why have we abandoned the jubilee?

If America owes $13 trillion in debt and approximately $100 trillion in unfunded liabilities, we can NEVER get caught up. Besides, those banks will never accept the (bankrupt, worthless) Federal Reserve Notes in payment of the debt anyway. Don't think that banks don't repossess (like cars) or foreclose on (like homes) countries that get too far in debt. Foreclosing on countries always entails a regime change (see [Communist] Bolshevik Revolution, 1917). In Russia it involved regicide (killing the king [Czar Nicholas II]). You can't let the king's family rise up later and repudiate the debt!

America was once a (complex) Republic, but today it is a (simple) democracy (since the 17th Amendment). Americans often don't realize what DEMOCRACY is. It is a Greek word for "mob rule". A perfect example of a democracy is - three wolves and a pig arguing over what to eat for lunch. Either way, if "We The People" were supposed to be the sovereigns in this land, we must be deposed/overthrown for the foreclosure to be complete. The Constitution has to be completely discarded so that the new owners can reign.

The pilgrims dedicated/consecrated this land to our Savior, Jesus Christ, for His footstool. We are just stewards - "guests" on this land at His pleasure. Do Geithner, Volcker, Greenspan and Bernanke (and their handlers) think they can eventually seize this continent away from Jesus with impunity?

I think not. Keep your lamps fueled and trimmed.

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