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  • Fun fact: The US owes about 9% of it's debt to China. 

  • Lmfao.. I loved this.

  • from that i gathered China is the biggest lender.

  • @nafism6969 as us Aussies say "no shit sherlock!" But the reality is, China is moving in on US as biggest economic power, and on current trends will overtake US in just 4 yrs (not includ the imaginary inflation of 'war on terror'). Their leaders have a plan, including having an agreement to not use US dollar as means of exchange (just happened this Jan) with Tokyo..... think on that. Two big economies have agreed that US dollar is not a unit of currency between them..... the US days R numbered

  • @AlexandHayleeable well of course, no secret there. the US dollar will be worthless. In fact, I think the world Elites are planning to implement a new form of One world currency. I think it will take electronic form and likely administered primarilly by Israel. but who nos. but ye, Us dollar is worthless. there is no way US can pay back their debt. there has to be an alternative way out.

  • HAHA...

  • The problem with money and banks goes right back to the 1600s in the UK. Then, people deposited gold at goldsmiths for safe keeping, getting a note that showed how much they had deposited. This note was then like a very valuable bank note. The problem came when the goldsmiths realised that they could just keep on writing notes, no matter whether they had that total amount of gold in the vault or not. This is the basic fraud of banking, one that underlies every single boom and bust ever since.

  • @nowthatsinteresting1 Yes, but the answer is not a return to the Gold Standard, because there is only a limited amount of gold available, but to direct issuing of paper money by the government, not by private banks.

  • @DonarVanHolland Could be worth a try - but although the problems are becoming clearer to me, the answers aren't!

  • @nowthatsinteresting1 This might be a good start to investigate: a series of four articles by Kerry Bolton on the site counter-currents (dot com), with the title: Breaking the Bondage of Interest. Be warned that it is an American New Right oriented site, though.

  • @DonarVanHolland Thanks for that.

  • @DonarVanHolland Just looked into the whole social credit idea - all new to me, but looks very promising! Any suggestions for books?

  • @nowthatsinteresting1 I have not read any books about it yet. The same site also contains good articles by Greg Johnson and he mentions the authors Ezra Pound, Clifford Hugh Douglas (1859–1952), Alfred Richard Orage (1873–1934), partly by way of Alan Watts, who was his first introduction to these ideas.

  • they forgot to mention that the lenders are not other broken economies but the banks and financial institutions of europe and the usa

  • I'm portuguese and the biggest threat my country is facing since Napolean's invasion is the Euro. Thank you Germany for giving us that perception. No one is going to want the EU in the near future. Germany will become an irrelevant country in the world scene. The Chinese, Americans and Russians will make with them what they are doing with Greece (treat them as garbage). When that happens it will be to late to rebuild the EU. There wont be a 4th chance for Germany.

  • European Union explained: in terms of economy, English, Germans and Scandinavians are capable, Southern Europeans are incapable (Italy, Spain, Portugal, Greece). it make NO sense that disciplined and organized countries are in one union with countries that aren't.

  • The root of the problem...overpopulation. Solution, start burning humans for fuel. :)

  • @FloridaRaider: Too true about overpopulation. But the only way you could burn them fast enough is to incinerate the planet. And that's coming ... with or without our help ......

  • I don;t give a damn! Oh he's our shortstop!

  • The devil is losing and at the end will be judged for all the crimes. Live at the full in the freedom of GOD (praying in a right form, following the INSTRUCTIONS in the Bible - keeping the 10 commandments - including keeping the Saturday as the 7th day etc.) instead of in the incapacity and deception of devil. Jesus Christ is the savior, love and hope.

  • What is this show?

  • @chosop25 the 7:30 report

  • @deltamode8 Thanks, I realized it was an Australian show later. Pity we don't have this kind of wit in the US. US is advertised as the freest country in the world, but in some senses, it has way more censorship.

  • Fuck the world...oh wait, we already did that!

  • The thing is, it's the people of certain countries owing to BANKS of other countries. All the billions used to "bail out" won't help the people but it used to minimize the risks of the involved corporations.

  • Sorry typying 50 words/minute minor error=Potuguese=Portuguese,sel­f-corrected.

  • I am Potuguese &Canadian.But I am born in Portugal.I am NOT feeling any good about Portuguese DEBTs or Existing Debts.Portuguese do NOT &are NOT Pleased &Ashamed of the DEBT!We suffer from France,Britain &Germany. PORTUGAL Succeeded in Pusing Back European Union Debt in 2001 with SURPLUS Dairy Produce with Our AZORES Surplus Dairy Farming Produce but EU. Protectionist Policies Discriminated on Surplus Dairy Portuguese Exports tothe EU.In Our 2nd round in 2013A.D.Portugal,will SurplusDairy again!

  • Congratulation you lost a million dollars. WTF Only a million dollars. I wouldn't mind having a million dollars

  • trying to explain the world economy collapsing to the average joe is like explaining a space ship to an ant.

  • Using the same logic Germany owns all of Europe.

  • I'm just waiting for the moment money won't be relevant anymore...

    I owe nothing to nobody. I don't have to work to survive, and most of all, I don't have to give away some of my earnings to some guy who does nothing all day but speculate with MY money.

  • Jew.S.A.

    

  • The United Provinces of China (The U.P.C.)

  • haha! very nice :D

  • I think the important question here is, "Who do they all owe that money to? And the answer is "the banks", to which I would reply, "The cheque is in the mail."

  • And the point is.. you cannot possibly get out of debt because money = debt.. to the FED of course

  • Bahaha cause economies work hahaha

  • Roguh!

  • i need a dollar...

  • brilliant!!!

    

  • the interviewee is going a bits crazy

  • lol this vid is hilarious

  • Actually, the Federal Reserve owns the U.S.... but whatever.

  • Actually it's the private Federal Reserve who owns United States. China owns only dollars and debt, which the federal reserve can print as much as it wants of for free.

    So who ultimately are the winners of this crisis? The banking elite of europe and united states.

  • @TheBorkka: Correct....

  • @TheBorkka Dude you dont even know. if the FED keeps printing money when ever they want like right now, their money value drops and they go into inflation. so i dont see how they would winners of the crises? the people suffers.

  • @B1ATCH1000 The Fed is printing money. And we have had a noticable inflation the last 5 years. Gold went from 700 to 1700 in that time. Ben Bernanke even said himself he will keep interest rates between 0 and 0,25 at least until late 2014. Nobody should take his word for it, but if he speaks the truth the inflation will continue.

    Another thing is that the bankers and corporations always get the new money first, so they have to spend it in to the economy for us the people to feel it.

  • @TheBorkka either way the American people suffers.

  • @B1ATCH1000 Yes. But since when did the elite care about the people? They only care to the extent that we don't protest and start a revolution.

    We have already seen lots of protests lately, and the government is just continuing passing bills like NDAA, SOPA, ACTA, PIPA that destroys the freedom of the people.

    We're in deep trouble, and it started with the private Federal Reserve in 1913.

  • @TheBorkka Since you brought protests up, umm the only way to know if there is a movement in the west is through the internet. the media would never show wats goin on. they are lowkey bastards. America is undercover communist.

  • @TheBorkka Ah, yes, and we know who they are, don't we?

  • @TheBorkka can you explain, why the Chinese would want dollars to pay for an overweight american to do so something and to a lesser quality and efficiency as their fellow citizen which they could pay for in their own currency and cheaper!.

  • You know what.. you can trace every single economic problem we currently have in our world back to one single sentence.

    People wanted to have their cake, and eat it too.

    The entire world economy is an epic fail.

  • its funny I used to think all the "buy gold+silver" vultures were just out to get my money, and I am right~!, why would the poeple telling you to invest in gold, expect legal US tender in return for the gold, I mean come on

  • @SyrinxPriestOf People buy gold for protection against inflation.

  • After the euro and the dollar collapse a new world currency will be created, thus giving total control of the worlds money supply and interest rates (or at least that of all the western powers) to a single entity. Likely the IMF or World Bank. But not before a catastrophic meltdown of America, likely preceeding or resulting from a major war.

  • @offdaheez lol its true!

  • United States of China

  • @Bizazah: Hard to do when they only have about 8% of our debt.

  • i m not genius but y we have to believe FINANCIAL ANALYSIS? these people are one who got us this mess anyway!

  • @songkim6951 They are the modern day prophets. They love to preach from the mountain tops.

  • This video is so funny. I laughed the whole time I watched this video.

  • Like it

  • We are talking, inevitably,about fiat currency in the end. None of it matters.

  • Hillarious! Really well done.

  • what about the arabs country?

  • WE'RE FUCKED! CHINA OWN OUR ASSES!

  • @hitachi088 lol what the hell are they gonna do if we don't pay? nothing

  • I gave My Great Nation of birth PORTUGAL over 10,000 Euros Alone for Wind Turnbine Generator Electricity and Solar Power Electricities BOTH Alternating and Direct Current Electricities and BRASIL supports. PORTUGAL better be the more Stabel Economies because the Investors and Loaners ARE PORTUGUESE-Citizen and live in G20 Nations and work to finance and Invest in Our Beautiful PORTUGAL to BRASIL!!!!!!

  • print my paper 4 bailouts

  • So the World as a whole owes money to itself? Can we please just stop playing this stupid game of Monopoly and try some other game?

  • love these guys

  • U.S. Government <---Two Words

  • Pretty much spot on.

  • my head just exploded

  • The front fell off !

  • Yes, like the US in any better shape with their TRILLIONS of debt.

  • Fred Dagg at his best.

  • Haha! This is great.

  • Been a bit quiet lately.

    How do you mean lately?

    Since the war!

    Brilliant!

  • LOL whos on first

    

  • what is this? it's great and i really like it but, what is it? is it from a show or something or a home made thing?

  • @09bradonp it was a couple of Aussie guys who had a short segment at the end of the 7.30 Report, they just always took the piss out of the financial world.

  • that was really awesome

  • Always a pleasure you 2.

  • The US starts ww3 and every country with nukes uses them.

  • Well, I think this is definitive proof that trickle down economics doesn't work. The answer to the question of where they are all going to get the money is...the PEOPLE. And IF those governments had cut taxes on the Middle class rather than the wealthy and large corporations THEN those masses would have pumped the money back into the economies and made them grow. The poor and the middle class MUST spend their money at home while the rich can move their money to where there don't pay taxes.

  • WRONG

  • I think the world needs another ponzi scheme to prop up the last one.

  • i bet China has been planning this since u.s.a. bombed Japan. a secret war of attrition

  • @Juppie7 *mother of god*

  • Where's the one with the speech bubbles? That one was better.

  • lol this was straight to the point. why dont they call it quits if they owe ea other? so i guess china owns us all? :P

  • Really good vid! very funny. But seriously Oct 2011 the Fed Reserve announced very quietly that they can't account for $9 Trillion!!! Maybe this is where it went.....

  • All on China huh? Well guess what people, CHINA'S FUCKED TOO

  • Look up the "Achilles and the Tortoise" parable (or should i say paradox)

  • @Miami799 Because your inability to differnciate a comedy skit from a serious interview... I think you missed the point there

  • @Miami799 Perhaps, you should google the argument pyramid

  • How does not thinking something is funny make me sound like an advocate for SOPA? I'm actually against it. Having an opinion that another person does not like does not make one an advocate for SOPA, nor does it make me liberal, conservative, a nazi, a commie, gay or a bigot or anything else.

  • because its own by China! EPIC!

  • And this is from May 2010- amazing how nothing has improved despite what we are told by the IMF, Goldman Sachs etc...

  • The money is owed to jewish banking institutions. When they say "owe to other economies" they mean owe to foreign banks inside those countries. Large banking institutions own most of the debt and we are all slaves to them. People say it's evil to say they're mostly jewish but this is for you to decide on your own. Consider that you are financially enslaved by debt and its only a matter of time before your debtors collect in the form of harsh austerity. Go to the debt clock to see what you owe.

  • @BWCmike theres no need to bring race into this cause it isnt one race fucking the world

    assholes is the correct termanology

  • Is this video a fucking joke? What program was this? I never heard such an annoying interview in my whole life. This sounds phony.

  • @Miami799 sigh.. it's a comedy skit mr serious

  • @artisubjective1 Perhaps, but not a funny one.

  • @Miami799 perhaps, since sense of humor is directly related to intelligence..

  • @artisubjective1 Perhaps, you should just fucking drop dead.

  • @Miami799 you sound sound like an advocate for SOPA

  • Comment removed

  • Looking forward to the rise of the 4th Reich. The Banksters will burn, along with their children.

  • World War 3 

  • * prepares to flee to the wilderness to survive. Few knives, a gun and my husky, we should be just fine.

  • @ForceCrystal

    I doubt that...

  • The host is lame as hell

  • @Thomaspegful It's his 'job'. They are a comedy pair who did weekly 'summaries' over the news hot spot. I don't know if they still do it, I've stopped watching TV ^^

  • When I've lent my friend 20$ two weeks ago, and my friend lends me 20$ a week later, we usually call it even.

  • @Ayelis

    Ya but it's all private debt, money created by central banks(which are themselves private corporations) from thin air then loaned out.

    All of the debts could be neutralized but most nations don't have sovereign control over the currencies with their name on it.

  • @Ayelis What about inflation?,your an idiot who will go down with all those suckers who have no idea. You see when you lent your friend 20 and go to borrow it a week later its not $20 any more but 19.74 in buying power .Unless he pays you back $20.55 you have lost money,and so on till your $20 equates to 10 cents and your asking for more but alas he thinks 20 is all he owes you. oh can i say your a dickhead just to boot.

  • @MrFattyfatfatboy And where does inflation come from... Oh, could it be because idiots think they can demand back more money than they lent in the first place?

  • @Frauenman Inflation comes from DEMAND and what people will pay for said product or service.Say apples are out of season and get rare then price goes up and your paying more for the same product.You cant escape it and if you look at muslim countrys who cant charge on lending you will note that they are all dirt poor ,because they think like you.Christian country were the same back in the 1500s wich is why jews were the only people to borrow money,poor Shilock was actualy doing good.

  • @MrFattyfatfatboy 1, It would be so interesting if you could provide some real exampel supporting your argument, but thats not possible is it? You speak of poor arabic countries, getting poor because of fair monetary practices. What about Libya (pre war); highest HDI rating in Africa? Most of the world is poor, most of the world are capitalist. Coinicidence? The discussion about correlation between nations economic policies and its prosperity is hardly beneficial to your view.

  • @Frauenman 2,It is pretty much common knowledge (in Eu anyway) that jewish as well as other capital owning groups gained their economic wealth not because of interest in itself but because the idéa of interest was a cornerstone in the emerging capitalism; i.e. M-C-M+profit. This was not possible for contamporary political elite in a political system intertwined with the church. Interest belongs to the early stages of western economic development, its not some magical way to prosperity

  • @Frauenman Lybia lied on all accounts ,you think NATO could get a bunch of well fed happy people to run into bullets because it told them to kill Gadafi?.The truth was he was killing off thousand before the support and he was fixing books.My proof that the arabs are all poor is just one look at any country that Islamic,from Pakistan to Turkey you will only find squaler and hunger.

  • @MrFattyfatfatboy Nice try.

  • @MrFattyfatfatboy No your.

  • @MrFattyfatfatboy Firstly, what I'm saying here is regardless of inflation. When two people both owe each-other 20$ at exactly the same time, the 20$ cancels out. That's Kindergarten mathematics. Secondly, since when does inflation rise by 0.013% in a single week? Thirdly, go back to grammaticalarian school. You know, the one for Kids Who Can't Read Good and Want to Do Other Stuff Good Too.

  • @Ayelis Grammer ? i just explained how your deficiant in knowledge on the world of finance.You cannot just throw money back and fourth without interest, it is impossible ,and the example i gave you was in line with the time period those nations a working on.Last but not least if your in europe my financial advice to you is "Canned food and shot guns with an offset of a double bricked structure for said cans" you guys are stuffed , look at Italy lying through its teeth hiding a debt bomb

  • @MrFattyfatfatboy Do you not understand the concept of simultaneous debt? Does one country owe the other at least 20 billion dollars at 12:00AM today, GMT? Yes. Does the other country owe the first at least 20 billion dollars at 12:00AM today, GMT, the exact same moment? Yes. NO INTEREST IS INVOLVED SINCE TIME IS NOT IN MOTION. CANCEL IT OUT.

  • @Ayelis Yeah so Greece should forgive the Euro all the money Germany and france owe them and france and Germany just forgive italy all the money it owes them then Ialy forgives Germany and France the money they owe it ,WOW youve solved the GFC.Only one problem Germany and France dont owe Italy Greece or Spain any money,but those nation owe them and the world over a trillion.Even if you forgive the debt they still need to sell govt bonds and who will buy them after loosing already

  • @MrFattyfatfatboy Did you watch the video? Take this time to scroll up, and WATCH THE VIDEO. Spain and Italy owe EACHOTHER 41 and 27 billion. If they'd stop bickering over this, and just recognized that Italy owes Spain NOTHING, then Italy would be out of debt to Spain, and maybe they could start earning their keep and paying back all the OTHER people they owe... That's all I'm saying.

  • Brilliant!!

  • i feel lucky being alive at this age. witnessing the fall of many nations around the world at the same time.

    but anyway, time will tell.

  • Why is everyone ignoring the most important question? WHERE IS THE MONEY?

    Noone put it in a barrel and burned it...

  • @Ex0dus111 this is how the monetary system works in nowdays.

    it is based on debts. there is no money....only equivalent debts

  • @fdv16011975 Yes but Debts to whom? Im not talking about the FIat system creating money based on future money, im talking about all the money that was already created that noone seems to have.

  • @Ex0dus111 "Why is everyone ignoring the most important question? WHERE IS THE MONEY?"

    It's in the foreign currency reserve vault of the People's Bank of China, among other places...

  • @FlushitTV No, the US has a DEBT to China, that means they OWE China money.

    In other words, China doesnt have the money, China had to pay the money that was lent as well.

  • As a brit that actually explains it fairly well. It does miss out a few important points though...the 'Bail out' fund is not a blank cheque. It requires structural reform to bring European economies more in line with one another. Yes, we (UK) have loaned something like £350 billion during the financial crisis because we don't want Europe to become an economic backwater. The economic system demands that we speculate in order to accumulate. We lose money, but buy influence.

  • Hit the re-set button! I have a feeling that's why military is mobilizing everywhere and so much tension between USA and IRAN in the Strait of Hormuz

  • The Lord JESUS is coming soon everything is happening just as Christ fortold. Christ told us that satan would hi jack the christian church and install the anti christ in it a false religious man who will decieve the whole world and who will make a new world order in the last days. The pope is that man that anti christ he killed the saints changed the sabbath day called himself JESUS'S EQUAL and sits in Rome and rules over the illuminati satanic families which he started through the JESUITS

  • @vladimirkovalski

    LMFAO!

  • @auzer1000 my friend why do you laugh part of this prophecy has already been fullfiled. christ warned us that satan would install the anti christ in the christian church. and behold satan installed the pope in christianity . The pope speaks blasphemy and rules the new world order just as christ told us the anti christ would do. Soon the pope will complete the prophecy and will force the world to worship him you think this is impossible but you should know he controls the illuminati

  • @vladimirkovalski

    Oh now Pope is anti-Christ? I thought Christians see Muslims as anti-Christ ? lol..C'mon man....

  • @vladimirkovalski the world will be just fine, its humans who are screwed.

  • @wbowles3 hahaa, And u think the world can withstand screwed humans? we'd probobly destroy the earth before we get destroyed our selfs or just at the same moment. iam not talking about splitting the earth in 2 pieces or 10 but about how eaely we can make the face of the earth uninhabitable.

  • @wbowles3 watch the end of the 7:30 report on Thursday if you want to find out

  • @wbowles3 My technical friend you are right the earth itself will survive because God said he will remake this earth after he is finished setting it on fire. But Only Gods people will make it and even dthey will suffer because of what is going to happen. The 7 last plagues of God found in rev 16 are trully trully amazing and they will come when this world will hand itself over to the anti christ

  • Dawahfilms is the laughing stock of youtube!

  • LOL

  • brits are adorable

  • @Downwiththe1percent

    Australians actually!

  • America BLESS GOD, VOTE RON PAUL 2012

  • So we're all just waiting for China to bail out the entire world?

  • @Gear3Luffy

    Pretty much ....YES !

    CHINA has it all.

    While America is engaged in an un-winnable war against Muslim world....

  • Roger Roger.

    Correct Roger

    Roger Roger

    Roger, Roger - Sell Everything Quickly

    Roger