18 Jun 2016 08:06:13
Not a conspiracy, even though the whole finance industry and the collapse was a conspiracy. I have a finance related question relating to the collapse.
When the too big to fail banks went with cap in hand to the governments, basically saying give us money or the whole thing falls down, why didn't the governments just say, NO.
Let the banks fail, create a state owned bank and with the money that they were giving to the banks, why not give it to the people, I don't know how or what equation that could be used to work out who gets what, why not give it to the people, to pay off their debts or mortgages thus freeing up the income they earned from working to use as disposable income stimulating the economy that way.
Surely, if you divided the money that they got from the government between the people each of us would have got a sizeable amount.
Or even if they just forced the banks to write off the countries mortgage debt for the money?
Hope this makes sense. its the wine talking. lol.
But, that was in the past, but right now it appears that they know that the current financial system has to be altered over the next decade or so to keep things going.
You're starting to see a change this even at your local atm, giving out lower denominated notes. They are removing the higher dominated notes from society and they will continue with this as they move towards a cashless society.
At some point they have to have some debt jubilee where certain debts are forgiven (and placed somewhere else for repayment by governments via we the people) and they can start a new financial system. The new financial system won't be designed to benefit we the people though.
Their plan at the moment seems to be to give everyone a personalised chip, that will be in a card (to begin with) and that card/chip/account is what you need to operate in society which includes being paid and taxed and fined through it. And if they don't like you (such as you being a dissenter in their opinion), they can turn the chip off and you can't survive without someone else doing everything else in society for you.
In 2 years time, you're going to know that you're in a recession and in 10 years time, robots will take a fair number of jobs and in 20 years time Artificial Intelligence will take most of the jobs.