National Debt Clocks From Countries Around The World, Where Does All The Money Go? Video

 A lie told 100 times becomes a truth

When, through decades of manufactured consent, a corrupt system has come to appear as a mainstream institution, its role is never questioned

Two reasons why debt is important:

1. When debt rises faster than economic output (as it has been doing in recent years), higher government debt implies more state interference in the economy and higher taxes in the future.
2. Debt must be rolled over at regular intervals. This creates a recurring popularity test for individual governments. The higher the global government debt total, the greater the risk of fiscal crisis, and the bigger the economic impact such crises will have.

For those people who don’t have time to research  anything,  The corrupt World Banking System, lead by the US Federal Reserve and the New World Order are taking every country by storm, soon to be the World! 

The governments of the world are bankrupt….but this begs the question: who do they owe so much money to?… Can those who are owed the money to not recognize the destructive nature of such astronomical debt? Why would they not consider debt relief?

Whoever the governments of the world owe the money to must be at the top of the pyramid….the governments of the world owe money to the central and commercial banks of the world. Hence, ultimately, we are not governed by governments, but rather, by the banks!

 Take a look at the tattered Western economies and think, why should I be worried about the future? Because so many people can’t be bothered to read about the worlds debt properly, take a look at this and ask yourself. Where has all the money gone?

  It has to be somewhere, but where..?

The news media around the world are ignoring it, but every country in the world is drowning in debt. It’s not just the Euro Zone and America.

According to the debt clocks below, China does not have it, nor Russia or Brazil. If this many people, you and me, because if you live in any of these countries it means you and me (Government Debt is you and me), owe this much money, then whose accounts are in credit by a matching amount?

How can Germany bail out Greece when the German people themselves are in so much debt. How can Britain be lending your money when you owe over a trillion pounds yourself.

  Your Government does it every day.

   America..? 17 Trillion in debt..? Obama raised the debt ceiling to 22 trillion. Why are you fighting wars all over the world when you are bankrupt?

 Just take a look at the interest everyone, all of us are paying… But who are we paying it too? 

Live – National Debt Clocks

Australia - http://www.nationaldebtclocks.org/debtclock/australia

Brazil - http://www.nationaldebtclocks.org/debtclock/brazil

Canada - http://www.nationaldebtclocks.org/debtclock/canada

China - http://www.nationaldebtclocks.org/debtclock/china

France - http://www.nationaldebtclocks.org/debtclock/france

Germany - http://www.nationaldebtclocks.org/debtclock/germany

India - http://www.nationaldebtclocks.org/debtclock/india

Israel - http://www.nationaldebtclocks.org/debtclock/israel

Italy - http://www.nationaldebtclocks.org/debtclock/italy

Holland - http://www.nationaldebtclocks.org/debtclock/netherlands

Pakistan - http://www.nationaldebtclocks.org/debtclock/pakistan

Portugal - http://www.nationaldebtclocks.org/debtclock/portugal

Russia - http://www.nationaldebtclocks.org/debtclock/russia

South Africa - http://www.nationaldebtclocks.org/debtclock/southafrica

Spain - http://www.nationaldebtclocks.org/debtclock/spain

Turkey - http://www.nationaldebtclocks.org/debtclock/turkey

Unted Kingdom - http://www.nationaldebtclocks.org/debtclock/unitedkingdom

United States (try not to laugh, it is not funny) http://www.nationaldebtclocks.org/debtclock/unitedstates

Other civilized nations - http://www.nationaldebtclocks.org/

12-year old Victoria Grant explains why her homeland, Canada, and most of the world, is in debt. April 27, 2012 at the Public Banking in America Conference, Philadelphia, PA. Support a public bank for YOUR state. Donate and make it happen!

Money – whether its a tangible piece of paper or a number on a screen – is intrinsically worthless, yet it fuels the modern world. In America the ultimate control of money rests with the bankers of the Federal Reserve System. Because of this it is detrimental that we as citizens understand how this shadowy – private – organization works and how it’s ultimate goal is to forever enslave us in a descending pit of debt that we will never crawl out of.

Fantastic presentation by the late great Eustace Mullins about the Secrets of the Federal Reserve. Eustace Mullins is arguable the best researcher of esoteric topics.

MoneyBasics

The basic reality of our current global monetary system rests on 2 simple facts:

1. Money is printed out of thin air by a private consortium called the Central Bank

Central Banks create money for the governments of the world. Further, they do not back up the money they printed with any kind of collateral….to legitimize the printed money, this consortium convinced the governments to back it up with the resources of their country.

2. Commercial Banks use Fractional Reserve Banking to change the amount of money in the economy 

This process whereby the central bank manipulates the amount of money in circulation takes place in 4 steps, which will be illustrated for the case of injecting new money into the economy. The government allows Open Market Transactions, where US Treasury Bills can be bought or sold by the Federal Reserve:

To increase the amount of money in circulation:

1. The Federal Reserve BUYS Treasury Bonds on the open market
2. The Federal Reserve pays for these bonds by simply creating an electronic credit in the sellers bank account. This is the magical step!
3. The law of Fractional Reserve Banking allows the bank to loan into existence up to 10x the value of these new deposits to new borrowers, ALL WITH INTEREST!

To reduce the amount of money in the economy:

1. The Federal Reserve SELLS Treasury Bonds on the open market
2. The money flows out of the purchasers local bank
3. Loans must be reduced by 10x the amount of the sale

CONCLUSION

It’s hard to believe but it’s really that simple….banks create money out of thin air and charge everyone the right to use it through their loan scheme.

Basically it’s in either of 2 forms, the country either borrows from another country or from it’s own citizens in what are called bonds.

A bond is basically a way of loaning your savings to the country instead of sticking them in a term-deposit.  Anuities  are also a form of government theft.

The other way is to borrow from a central bank, which creates the money out of thin air and loans it to the government at interest.

The government could really just keep this money, but doing so would devalue all currency and you’d get lethal inflation, so it’s much better that they don’t do this.

This of course means that people who own these central banks get absolutely filthy rich off doing nothing but collecting interest which is ultimately paid by taxpayers.

“Democracy is the art of running the circus from the monkey cage” – H.L.Mencken

Start with a cage containing 5 monkeys…. this story illustrates how human society keeps doing the same things over and over again because – “that’s the way things have always been done around here”.

Critical Reads: More News mainstream Media Chooses To Ignore By Josey Wales, Click Here!