Money as Debt II Promises Unleashed (1 of 8)

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Bailouts, stimulus packages, debt piled upon debt, where will it all end?

How did we get into a situation where there has never been more material wealth & productivity and yet everyone is in debt to bankers?

And now, all of a sudden, the bankers have no money and we the taxpayers, have to rescue them by going even further into debt!

Money as Debt II Explores the baffling, fraudulent and destructive arithmetic of the money system that holds us hostage to a forever growing DEBT...and how we might evolve beyond it into a new era.

http://www.moneyasdebt.net/

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[UndergroundGemz]

@longfootbuddy not all Americans are hopelessly brainwashed, some of us have learned the truth and are learning every day, no disrespect to your comment but it urks me to see people use americans and not people they are brainwashed people everywhere, but I do understand where you are coming from... I am getting fed up with the majority of people in this country myself

[ceylous3121]

excellent.. simply excellent.. ima download this and burn it to send to family members :) they need educated BAD

[TheXprmnt]

::::Suggestion for the Worlds Eco-No-Mix Cri$i$::::

We know money is debt or has debt attached to it, right ? right, so we also know the banksters create it out of thin air (& really thick minds I might add) with their fractional reserve banking. So why not just reverse engineer the Money Mechanics & create good breathing quality thin air out of all the worlds debt, at least we can all then BREATHE AGAIN

.

[LBFallon]

@hugeboofhead Money can be multiplied 9 times, so the principal was multiplied by 9 but only the principal does really exist as real money. How this is not creating money out of thin air? I understand they need a deposit from someone first and that not more than 9 times the principle can be created, but is still creation of money out of thin air anyway. It doesnt mean they can create how much money they want to, but they create money out of thin air nevertheless.

[Romans1014Preach]

@io007a The US is not the only BROKE country. Look at Greece, they were offered money from everywhere & then had the cheek not to disclose the full extent of their borrowings to the EU. It had to come out eventually. Everybody has forgotten what happened in Iceland which was 1 big Ponzi scheme. Wait till Spain and/or Italy get the begging bowls out. Then it will get really nasty. Spain has a 46% unemploymet rate for thouse under 21 ! Anyway we shall see how it all pans out.

[io007a]

@Romans1014Preach man everybody picks on the leader ,america is not broke and is not weak if we take an island country madagascar for ex and all the world fights america for that island US is going to win that battle without a doubt ,america will default on it;s debt like greece and nobody can do anything about it ,yes it will be hard times for americans but for everybody else as well ,i'm not from US but i understand that unfortunately US has taken tha planet hostage and we can't do anything

[patthegrip]

Democracy is slavery, money is the means by which this takes place.

[badpanda84]

@NikDAleks But it has defininely opened its borders to free trade -- even if it is a single party state.

[badpanda84]

@apolllos7 "The U.S has more resources than china why would we borrow from them. China is communist their economy is going to crumble if they don't open to a free market"

LOL firslt a) you living in the past --china isnt commujnist any more -- and they have open to a free market like 20 years ago.

and b) China has alot more resources than the US -- for a start they have no shortage of labour ( given that 20% of the worlds population lives in china)

[badpanda84]

@park3r7 "The system requires people to borrow money to work, so we all need to stop using credit where ever we can"

LOL that is the issuse.. consumers aren't going to stop using credit -- they want credit. and these so called "scamers" are providing a service that consumers want

Remember banks dont force consumers to take out loans and credit card -- conusmers out of there own free will want credit..