Profile
Channel Views:
1,165
Total Upload Views:
4
Joined:
Mar 16, 2007
Latest Activity:
6 days ago
Subscribers:
2
Country:
United States
Subscriptions
(9)

-Nat<3
kobe all the way!
Saddled with huge debts, these countries came under the control of the United States government, World Bank and other US-dominated aid agencies that acted like loan sharks—dictating repayment terms and bullying foreign governments into submission. His extraordinary real-life tale exposes international intrigue, corruption, and little-known government and corporate activities that have dire consequences for American democracy and the world.
The Bank of Canada creates 5% of the money supply in Canada. The private banking system creates 95% as debt at substantial interest. The private banking system has succeeded in privatizing the money supply in Canada. Banks create money out of nothing.
The Canadian government has a choice and can borrow interest free money from the Bank of Canada. The Bank of Canada can offer provincial and municipal governments funding at rates that are well below private bank rates.
All countries, on behalf of their citizens, borrow as debt at substantial interest from private banks. More than half of your income tax dollars service the interest on the debt.
Canada's debt is $519+ billion. Canada and Argentina have the same size of population (+/-). Can Canada repay its debt? No, from 2005 to 2009 Canadian taxpayers paid $350+ billion in interest on the national debt.
The US government is overspending by approximately $4.38 billion per day.
Since 1913, the Federal Reserve has devalued the US dollar by 98+%.
In 2009, the Federal Reserve engineered 20+ trillion dollar bailouts equaled 40% of the private wealth created in the US since 1776.
I recommend people watch Fernando Solanas's documentary, Memoria del Saqueo, about events that led to the economic collapse of Argentina, the increase in poverty to 57.5% and eradication of its middle class. Central to the collapse was the implementation of policies that enabled the theft of billions by foreign banks and corporations. Argentina's assets/resources were plundered resulting in massive wealth transfers and impoverishment. Argentina can not repay its $200 billion debt and will lose its natural resources to foreign bankers.