All Debt To Be Erased Within The Next Few Months

by Gregg Prescott, M.S.
www.in5d.com
www.BodyMindSoulSpirit.com
www.HolisticCancerResearch.com

Right on schedule, banking systems are collapsing and will result in the elimination of all debt, according to Bix Weir, who has 30 years experience in the financial industry with various fortune 500 companies.

As mentioned numerous times on In5D,  we are currently under the energies of Pluto In Capricorn, which will continue to bring an end to all sources of control and manipulation, including the banking systems, governments and religion. Pluto entered Capricorn in 2008 and, right on schedule, we saw the collapse of hundreds of banks. 

For those who question the power of how astrological alignments dictate what is happening right now, look no further than the last time when Pluto was in Capricorn.  During that time period, we saw both the French and American Revolutions.  If you look around the world, there are revolutions either currently going on or are about to explode, so it is NOT a coincidence that we are seeing this happen once again.

“We are at a point in our system and in the manipulation where there are people within the Fed, and within our government, who are ready to pull the plug on the game and basically crash the system,” stated Weir.

Many people will question whether this is a controlled demolition of the financial system in order to implement a one world currency, which is a valid concern, but the current financial system based on fiat currency cannot sustain itself as it creates money out of thin air and charges interest on it.  In other words, it is going to collapse whether you want it to or not.  The most important issue is deciding what form of currency will be its replacement and if there is any assurance of whether this new system will inevitably collapse as well.

Right now in the United States, the U.S. debt is more than all of the money on the planet so it is impossible to repay.  The only other solution is to eliminate all debt and create a new asset based currency that does not rely on creating money out of thin air.

During the last bailout in 2008 after the housing boom, we saw a huge derivatives explosion which is due to crash the system in a few months. Derivatives are basically when a bank sells the obligation of the mortgage holder to another company and in essence, bets on the failure of the homeowner to fall into foreclosure. There is no way the Fed can bailout the trillions of dollars in derivatives so the only other option will be to eliminate all debt and create an asset based currency.

The Fed still continues to pump fiat currency into a rising stock market that should have begun collapsing in 2008, create a false sense of security for those who have stocks.  This too, will collapse.

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