Hutang/Debt Archive

  • They all believe in a system that says we must create demand and then feed it with debt. This necessarily involves increasing demand by the creation of yet more debt. It always crashes and always will. That is how their system works. If we allow it to be the solution, it will create another crash and another. Each time the rich will reap profits on the way up and rape the public purse on the way down. It's win, win for them and lose, lose for us.

    Excerpt From ‘Debt Generation’ – We Are All Kettled Now

    They all believe in a system that says we must create demand and then feed it with debt. This necessarily involves increasing demand by the creation of yet more debt. It always crashes and always will. That is how their system works. If we allow it to be the solution, it will create another crash and another. Each time the rich will reap profits on the way up and rape the public purse on the way down. It's win, win for them and lose, lose for us.

    Continue Reading...

  • Kerajaan tak boleh sentiasa berbelanja dan tanggung hutang sampai bila-bila. Kena ada full stop. Disebabkan tak ada full stop tu yang jadi macam US dan Europa sekarang. Korang jangan percaya la dengan apa berita cakap yang US dan Europa akan "dapat menyelesaikan krisis ini tanpa apa-apa kesan buruk". Tipu je semua tu!

    Simpan atau Belanja?

    Kerajaan tak boleh sentiasa berbelanja dan tanggung hutang sampai bila-bila. Kena ada full stop. Disebabkan tak ada full stop tu yang jadi macam US dan Europa sekarang. Korang jangan percaya la dengan apa berita cakap yang US dan Europa akan "dapat menyelesaikan krisis ini tanpa apa-apa kesan buruk". Tipu je semua tu!

    Continue Reading...

  • The solution to stopping the debt spiral is to stop spending more than we produce, but that is a painful solution that every politician won’t tell the voters. Pain means he won’t be re-elected.

    Don’t Worry About Inflation – Yet

    The solution to stopping the debt spiral is to stop spending more than we produce, but that is a painful solution that every politician won’t tell the voters. Pain means he won’t be re-elected.

    Continue Reading...

  • Traditionally minded people think of “cash” as the base and not gold. Everything in this world is denominated in US Dollars (world reserve currency), not gold. Generations of humans have been taught by the bank-owned educational system that “treasury bonds” are the ultimate “safe haven”.

    Exeter’s Pyramid, CDS and Gold

    Traditionally minded people think of “cash” as the base and not gold. Everything in this world is denominated in US Dollars (world reserve currency), not gold. Generations of humans have been taught by the bank-owned educational system that “treasury bonds” are the ultimate “safe haven”.

    Continue Reading...

  • The EFSF proudly announces that it is going to pay as much as possible to prop up weak banks and countries throughout the Eurozone.  The investors sit there with stunned looks on their face.  The EFSF fully enjoying how awestruck the potential investors are, explain that there are many countries and some banks that cannot receive the financing that they need because they are having cash flow problems, are over leveraged, and quite simply are in deep trouble unless someone is will to buy their bonds at aggressive prices.  As the investors finally regain their composure, they are sure they must have misunderstood.

    The EFSF Pitching Itself As A Hedge Fund

    The EFSF proudly announces that it is going to pay as much as possible to prop up weak banks and countries throughout the Eurozone. The investors sit there with stunned looks on their face. The EFSF fully enjoying how awestruck the potential investors are, explain that there are many countries and some banks that cannot receive the financing that they need because they are having cash flow problems, are over leveraged, and quite simply are in deep trouble unless someone is will to buy their bonds at aggressive prices. As the investors finally regain their composure, they are sure they must have misunderstood.

    Continue Reading...

  • I think this because circumstances now are worse - and hence more bullish for gold - than they were in 2006. Look at how much money we've printed (the monetary base now exceeds $2.6 trillion, a mind-boggling 200% increase since 2006). Look at the state of the global economy - highly vulnerable and propped up by governments.

    The Best Mistake You’ll Ever Make

    I think this because circumstances now are worse - and hence more bullish for gold - than they were in 2006. Look at how much money we've printed (the monetary base now exceeds $2.6 trillion, a mind-boggling 200% increase since 2006). Look at the state of the global economy - highly vulnerable and propped up by governments.

    Continue Reading...

  • A government produces NOTHING. Since it produces nothing, it has no ECONOMIC means of servicing or repaying any debt obligations it may take on. Its means are strictly “political”. The only way a government can service and repay ANY level of debt it takes on is to extract the means from those who do produce wealth.

    The Case Against Government Debt – PERIOD

    A government produces NOTHING. Since it produces nothing, it has no ECONOMIC means of servicing or repaying any debt obligations it may take on. Its means are strictly “political”. The only way a government can service and repay ANY level of debt it takes on is to extract the means from those who do produce wealth.

    Continue Reading...

  • Flagship current affairs programme. Will Hutton investigates the banks and discovers that while ordinary taxpayers take the pain of the financial crisis, for the banks it's largely business as usual. Hutton analyses the banks' accounts and shows how they are using government-guaranteed funds to gamble with derivatives as they did before the crash. He also reveals how the banks are still paying vast salaries and bonuses.

    How the Banks Won!

    Flagship current affairs programme. Will Hutton investigates the banks and discovers that while ordinary taxpayers take the pain of the financial crisis, for the banks it's largely business as usual. Hutton analyses the banks' accounts and shows how they are using government-guaranteed funds to gamble with derivatives as they did before the crash. He also reveals how the banks are still paying vast salaries and bonuses.

    Continue Reading...

  • Not only does debt have to be repaid, but interest must be paid on it every year. The governments, local, state and federal, levy taxes. There is a limit how high taxes can go as people will stop working at productive jobs if their take home pay shrinks to the point where they do not feel compensated for their effort.

    Borrowed Money?

    Not only does debt have to be repaid, but interest must be paid on it every year. The governments, local, state and federal, levy taxes. There is a limit how high taxes can go as people will stop working at productive jobs if their take home pay shrinks to the point where they do not feel compensated for their effort.

    Continue Reading...

  • It is important to try to understand how the international banking elite became so fabulously wealthy.  One of the primary ways that this was accomplished was by gaining control over the issuance of national currencies and by trapping large national governments in colossal debt spirals.

    10 Things That Would Be Different If The Federal Reserve Had Never Been Created

    It is important to try to understand how the international banking elite became so fabulously wealthy. One of the primary ways that this was accomplished was by gaining control over the issuance of national currencies and by trapping large national governments in colossal debt spirals.

    Continue Reading...