Wednesday, March 10, 2010

To comprehend how deep the chasm is

People of this world need to wake up. We’re so deeply imbedded in manure that no peddling or breathing apparatus will save us. All that can be done is to brace for the inevitable collapse and gobble-gobble when we finally give in and sink down the bottomless compost-abyss.

Our masters are borrowing to pay for borrowing that was earlier borrowed to pay for borrowing. They are printing money to pay for ‘green’ jobs. They are waging wars in foreign countries and increasing their own fat paycheck while the common man hardly can afford to drive his car the local supermarket.

They're all slime and antlers. Their tentacles are reaching out into our pockets, picking our last savings and then they tell you it is cheap to borrow and that we all should go to the bank and take out another mortgage that can be spent on another TV we don’t need.

You know, I could rant and go on and on about statistics and math while showing graphs that point out how deeply screwed we are, but in the end it is about you and how much that brain of yours can take.

Think of our current situation like this.

You own a house which is worth 1 million, which you bought with a loan of 1 million. You cannot borrow more, the bank would say no. But in steps your local politician and makes it legal to hide your losses, so you take contact with another bank that hides 500 000 for you and presto you can suddenly borrow another half a million.

Then you do this many times over and a couple of years later you have outstanding loans for 10 million on a house worth 1 million. Most of that borrowed money you’d spent on consumer goods, some have gone back into the house, repairs and such, but the value haven’t really gone up.

So again you’ve reached the end of the line. Uhm, what to do now?

Of course your local politician have thought of that so he prints money hence inflation (seemingly making your house more worth), he lowers interest rates which makes it easier to borrow and again change the laws so you can borrow on the loans you already have. In essence you can take your debts and sell them to someone at a price and then you have money again. You do this a couple of times, but finally you can’t anymore.

During this time the rates has reached a level surpassing both the value on the house and your income, by far. You’re living on borrowed time and money, there’s no way out, it is time to pay up.

Unfortunate there is no money. Well, for you, if you’re a private individual, this means you’ll be in-debt forever and that you lose your house, maybe the banks and the lenders will get pissed or go bankrupt, but that’s not your problem…

Now imagine this on a grander scale with countries and think trillions upon trillions upon trillions.

You see countries have something you don’t, the limitless pockets of the taxpayers.

And if that’s not enough countries can sell property or government contracts to the lender to cover this scam.

However, just as with a person, a country also has its limit. This is where Greece is today. Iceland has already passed this line and is now getting bullied by larger nations to pay for their scams. Spain, Portugal, Italy, UK and the US are just about to cross over from still being able to borrow to pay for the cons over to defaulting. Oh, and the Japanese are living in their own little world.

The funny little neat trick with this global scam is that countries also have debts towards each other. It’s a circle fraud. And since the global economy makes each of us dependent on the other it means that it takes only one (if it is a big one) or a couple of smaller countries to default us all.

This is why it was so important for all of them to come together and do bail-outs, printing and borrowing and spending in unison during last year. This is also why it is so important for them to impose the manmade global warming scam – so they can tax us on a global scale.

But now the game is up. There’s no leverage anymore. Only two things remain. To print more money and hope that this can cover up the problems another year or raise more income hence let you normal folks out there pay for it.

This is a scam of unprecedented size. It’s a Ponzi scheme of such proportions that it dwarfs anything ever seen before.

Some of the financial institutes and banks that benefits from this love it, the rest of us are utterly, totally, and magnificently fucked.

So can we do anything about it?

Yes, we can. Two things need to be done.

Firstly we need the crashes to happen. Now. We need to cut spending; we need to draw back government by half or more and cut taxes. We need to raise interest rates to 5-6% and we need to face the music. If we do this it will be bad, we will plummet down in a depression, but it wouldn’t last very long. A couple of years of despair perhaps and then we would be safe, back in business and start rebuilding again. The elitists are hoping they won’t haft to do this, just look at Greece with their small baby steps what happens with riots, strikes and so forth.

Secondly we need to purge both the toxic assets and say NO (as the Icelandic people did) to pay for fraudulent loans. If the banks couldn’t think for themselves and got governments to back them up, that’s their problem. LET THEM FAIL! They should go bankrupt; they should all be without a job. I know this will temporarily increase the depression and many people will lose their job, but the alternative is far worse.

I know many of you out there are already angry and if we did this that anger will spill over into violence. If so, remember who to blame. It was financial institutes, corrupt big business that are the main perpetrators but they couldn’t have done it without politicians. Your government is the villain here. Also, journalists are to blame for not telling the truth.

Some of these people didn’t know what they were doing. Too stupid, too misled or they just saw all that 'free' money and didn’t think twice about what happens next. But they are all to blame.

You need to understand this dilemma and that what I just told you is the ONLY WAY OUT.

And more importantly, WE NEED TO DO THIS NOW!

If not, think apocalypse, think Ragnarök, it’s the end of the world as we know it.

You think I’m exaggerating don’t you?

This mess we’re in now is far, far worse than that bubble we had in the 20’s. Remember the ‘Great Depression’? Remember what that spawned? Remember the holocaust? WW II?


And do you know what we have today that they didn’t have back then? Weapons of mass destruction…

I’m not saying we will all die or that we’re heading for WW III, but the road we’re on may very well end there. It is a possibility.

Today I’m spending my last money on buying cans and seeds. What will you do? Watch the TV and get feed more lies? Better wake up folks, the greatest Tsunami wave of financial catastrophe in the history of mankind is heading towards the shoreline and you don’t wanna get caught in it.

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