Why Australian banks fear Euro AND US debt.

The Australian banking system is typical of the world's. Central banks - ALL privately owned - control the creation and flow of money. The world is under siege by an elite banking cartel. The more debt, the more banks make. The only hope? Ron Paul for US President in 2012.

Category:

News & Politics

Tags:

• Australia
• banks
• RBA
• government
• Economic collapse
• Reserve Bank Australia
• Ron Paul
• Gillard
• Australian economy
• European Union
• Crisis
• US debt crisis
• mortgage
• Economic
• Freedom
• Collapse
• Greek debt crisis
• Italian debt
• War with Iran
• World war
• Dollar
• Gold
• Schiff
• Financial
• Market
• Fed

[Richardhedditch261]

This video is a very accurate account of how things work. Its not a bullshit wank job like some youtube videos. Its the real deal. It is said that a " Global Economic Collapse " has never happened. Maybe the Great Depression was not exactly the same thing, but nearly the equivalent, I think. Thus, a " GEC " will be far worse. Who's narrating this anyway ? The late Ted Bundy ? Sounds a bit like him.

[jonnyblent]

@Richardhedditch261

Thanks. It puts it simply, that's why I used it. As for Ted Bundy LOL, it does sound like him doesn't it? I'll try to find out. The thing people don't see, is the 2008 GFC was about corporate collapse. The next GEC (well put) is about countries and currencies collapsing... far worse.

[MrDANNYUNDERWOODky]

The fed is a smoke screen, they are not federal and they have no reserves. the fed is the 6 biggest banks in the US. they create over 66% of all the money created in the US. The way out, is to END THE DEBT MONEY SYSTEM. When all money is created from debt, as it is now, you have an unsustianable system that will ONLY end up with plutocracy and serfdom.

[jonnyblent]

@MrDANNYUNDERWOODky

well put. The same people who control the worldwide central banking system created deficit lending. Aust's RBA is just like the US fed. Same chronic ailments. Thanks for your comment.

[adrianwillis360]

@jonnyblent Good point, If US trys to drag us into a war with china we should tell them to get f***.

[jonnyblent]

@adrianwillis360

let's explain... sure we have gold in abundance in the ground... but how does that save our currency when the US collapses? This gold is NOT lying safe in a mint, upholding the value of the AUD. That's why being tied to the US dollar ultimately spells doom. And you assume a war will place us at the head of the queue for our resources? problem is, we have allied ourselves with USA, whereas China's our trade partner. China/russia at war with the US? Who's buying our steel?

[adrianwillis360]

@jonnyblent One word, resources! we have alot of gold in the ground! and held by companys like perth mint! the only way we will go down is, if some body attacks our country. Even if there is a war, we still have to get attacked befor we will se many problems. Wars need resources. And if theres no jobs you can always live of the land or dig for gold for a living. Water is the only thing that realy matters.

[adrianwillis360]

@jonnyblent Australia has loads of gold. probably more per person than most countrys. And we have the most resources per person. The truth is there is to many people on earth for every country to live well, so as china gets richer some one has to get poorer. And also USA is running out of water; whatch, blue gold: World water wars.

[marcey666]

AUD is backed to USD and USD is backed to ............ petrodollar = WARS I have been buying silver.

[EndTheFed2011]

@SoulJuiceTV - I suggest you buy as much physical silver as you can afford and build up a good food supply, also stock up on basic necessities. Other supplies that are a good idea are some jerry cans full of petrol for your car and some extra gas bottles for your BBQ. Also make sure your house is secure and that you are able to defend your property, in desperate times people will take desperate measures.

[jonnyblent]

@axeadn

Youtube police have called your intelligent comment regarding the petro-dollars and Aust fiscal policy tied to this (junk) dollar as SPAM!!!! God help us