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The IMF issued a warning today (see link) that the GLOBAL ECONOMY is in dire straits, however, spokespersons were careful to understate the gravity of the situation. Nonetheless, couched in misleading metaphors and the coded language of deceptive economists – ‘headwinds,’ indeed -- is the TRUTH of an imminent collapse! Anyone with ‘eyes’ to see can see. The collapse of ’08 is now entering terminal stage. The global economy was never in recovery just on life support with printed toilet paper money which quickly evaporated in the mad UNREGULATED rush to cover criminal debts and HIDE HUGE INSOLVENCIES. White collar thieves continued to shower themselves in more bonuses while the moron masses remained passive, watching the remainder of their real funds get sucked into the bottomless pit of an impossible recovery – how’s your super going, morons?
Of course the response of the masses is to remain completely subservient to their criminal leaders and PASSIVE to the last! With thumbs firmly planted in their arses the masses are ready to meet all of life’s real challenges. [While] elite bankers and other white collar thieves CONTINUE to OPENLY STEAL what is left in the GLOBAL coffer.
It is KNOWN that criminals never cease their criminal pursuits until they are STOPPED by EXTERNAL forces. But go back to bed America, your government and puppet presidents are taking ‘good’ care of you; turn on your TV sets and get the latest ‘news’ from Fox and the mainstream media then settle into another episode of American Idol. Your (owned) unrepresentative leaders, captains of industry and masters of the (financial) universe are giving you EXACTLY what YOU DESERVE – and they know it!
Since writing was developed scribes have encoded all cultural knowledge and have written everything from religious texts, which have enslaved billions, to seemingly innocuous nursery rhymes. Couched in many cultural texts scribes left messages they knew could easily be decoded by future SCRIBES – we are the weavers of myths, ‘realties’ and everything you know, morons!
[Please note, contributors to this site have been warning of this collapse for some time and continue to urge those who do not wish to lose everything to grab what is left of their funds and run, NOW! Use it to invest in productive, tradeable (food, needed goods, etc) REAL-estate.]
So, I offer you a very appropriate children’s rhyme for the times, written by an anonymous scribe, naturally:
London Bridge (the ‘city’ of London)
London Bridge is falling down,
Falling down, falling down.
London Bridge is falling down,
My fair lady.
Build it up with wood and clay,
Wood and clay, wood and clay,
Build it up with wood and clay,
My fair lady.
Wood and clay will wash away,
Wash away, wash away,
Wood and clay will wash away,
My fair lady.
Build it up with bricks and mortar,
Bricks and mortar, bricks and mortar,
Build it up with bricks and mortar,
My fair lady.
Bricks and mortar will not stay,
Will not stay, will not stay,
Bricks and mortar will not stay,
My fair lady.
Build it up with iron and steel,
Iron and steel, iron and steel,
Build it up with iron and steel,
My fair lady.
Iron and steel will bend and bow,
Bend and bow, bend and bow,
Iron and steel will bend and bow,
My fair lady.
Build it up with silver and gold,
Silver and gold, silver and gold,
Build it up with silver and gold,
My fair lady.
Silver and gold will be stolen away,
Stolen away, stolen away,
Silver and gold will be stolen away,
My fair lady.
Set a man to watch all night,
Watch all night, watch all night,
Set a man to watch all night,
My fair lady.
Suppose the man should fall asleep,
Fall asleep, fall asleep,
Suppose the man should fall asleep?
My fair lady.
Give him a pipe to smoke all night,
Smoke all night, smoke all night,
Give him a pipe to smoke all night,
My fair lady.
[Emphasis added to assist in interpretation.]
O, and by the way slaves and morons; there is nothing new under the sun; from ancient Egypt through every empire until today all societies have been based on exploitation and slavery and YOU pathetic morons are no different – you ARE and HAVE BEEN an EXPENDABLE, exploitable RESOURCE for CENTURIES -- you wouldn't have it any other way!
How many innocent civilians has 'your' government MURDERED today? Guess who's next, dreamboats!
After banks succeeded in having the Glass-Steagall act and other regulatory constraints repealed/removed, all caution was cast to the wind; banksters began indiscriminately lending money they did not have in an orgy of overindulgence and commission chasing.
To prevent tracing debt to its original source -- avoiding responsibility/liability -- debt 'notes' were chopped up and mixed with other packages and sold again to other banks.
By safely eliminating the means by which debt could be traced, the entire industry went on a 'feeding frenzy' until debts became so large that it became impossible to disguise them.
The result was large scale INSOLVENCY -- banks were in fact broke but continued to lend money! Smaller banks were affected due to their dependency on the larger banks. As large banks fail after LARGER bank failures, NATIONS were left holding the debt that bankers accrued!
The sovereign debt crisis followed large bank failures (insolvency).
The US 'solution' to the criminal (disguising products) BANKING crisis was 'stimulus packages' made possible by, Quantitative Easing (QE), or printing unpegged paper money, as did Wiemar Germany prior to WWII.
The initial attempt failed as nobody knew the extent of international banking debt so the New York Fed engaged in ANOTHER round of printing money (QE2), which also failed to mend a FUNDAMENTALLY FLAWED and GROSSLY ABUSED ECONOMY.
Nations have now been forced to struggle with gigantic debts that Banksters created and as we are all aware they have not be able to cope with these huge debts. Printing more money is out of the question so a PENALTY economy, Carbon Tax or Cap and Trade, was developed by banksters to replace the failed over-production economy -- to this day nobody knows the entire amount of debt created by the Banks; however we can be sure it is monumental as Bankers are loath to reveal the amount of toxic debt they hold.
Since the huge banking debacle we have witnessed the stealing of Iraq's and Libya's Oil resource and the stealing of Libya's sovereign wealth fund. Astoundingly, no substantial positive effect on debt occurred, so criminal bankers took aim at one of the WORLD'S last remaining repositories of REAL wealth, compulsory superannuation funds!
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