The Rt Hon George Osborne MP, Chancellor of the Exchequer, UK, discusses the challenges facing the global economy. He was speaking at Chatham House, London, on 9 September 2011
We have been asking what it is of real tangible value that was surrendered by the banks that justifies that we should repay them anything. To date no reply has been received and this above all other things demonstrates the designed terminal nature of the construct.
Is it not true that it is the construct of interest baring debt that has multiplied indebtedness and obfuscated the value of currencies.
Should we not ask where all this debt came from!
We have been asking what it is of real tangible value that was surrendered by the banks that justifies that we should repay them anything. To date no reply has been received and this above all other things demonstrates the designed terminal nature of the construct.
Is it not true that it is the construct of interest baring debt that has multiplied indebtedness and obfuscated the value of currencies.
pondman27 5 months ago