Debt Rattle June 14 2024

 

Home Forums The Automatic Earth Forum Debt Rattle June 14 2024

  • This topic has 52 replies, 16 voices, and was last updated 1 month ago by Dr. D.
Viewing 13 posts - 41 through 53 (of 53 total)
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  • #161200
    zerosum
    Participant

    People are (insinuating), making a mountain out of a mole hill.
    Public Safety Minister Dominic LeBlanc on report of political interference

    #161201
    D Benton Smith
    Participant

    Banks and Governments (the two ends of the same snake) work in collusion to rob the people, and I don’t mean “rob” in a metaphorically literary sense. I mean “rob” as in STEAL OUTRIGHT. Neither of them can do it alone, so they must pretend to be different entities.

    Here’s how it works. The bank (lets say the IMF for example) loans a jillion to a country, but not directly to producers who might use it productively and then pay back the loan and keep assets and wages and profits that it had made with all of that increased production. No, no, no, no! That won’t work at all. No, the jillion must be lent to the GOVERNMENT who can safeguard it and allocate it and oversee and manage and track and properly administrate it so that nothing goes unaccounted for, and so that NONE of it ever winds up in the hands of actual producers. Every penny is “administrated” straight into the wages and compensation packages and fees (i.e. the private pockets), etc. of both the Administrators AND the Lenders. Not a single law is broken, and not a single thing is produced, either. Not to even mention that not single penny of any of it found its way into the pockets of the people who it was ostensibly lent to.

    Then the lender then comes calling to collect repayments due on the note, and of course such payment can’t come from any proceeds from increased production because there hasn’t been any! The payment must instead be made by the Government taxing the people half to death and using that. (The gov, bank and administrators get nicely paid for all that paperwork and administrating the repayment funds as well too, by golly!)

    Did you catch the grift there? The million bucks got stolen, split up between the Government and the Lender for a myriad of nonsensical reasons of no benefit to anyone except the grifters who took it. Nothing went to the chumps. The chumps then coughed up ANOTHER, seperate, jillion to “repay” the bogus loan which was not really a loan at all (it was just grift payout to the gov and the banks and all of their little helpers.)

    As the country slowly (or rapidly) sinks into the sunset of poverty, the bankers come back to buy the country’s assets, resources, etc. (anything that ain’t nailed down) and buy it all up on the cheap with a small part of the jillion that they had just stolen from them.

    Sweet way to get something for nothing, with lot’s left over, and on top of all that get paid for doing it. Rinse and repeat until you own, literally OWN, pretty much everything that can be owned. Once the Blob gets to that stage they go to work using that incalculable wealth to own things that CAN’T be owned.

    Banks and Governments. A marriage made in Hell. Truly.

    #161202
    zerosum
    Participant

    @ D Benton Smith
    Now that you explained it, THAT WAY, It makes it clear, that it is the social/economic/political system that I live under.
    Of course, nobody would admit that this describes “democratic capitalism”
    A marriage made in Hell OR Heaven depending where you are sitting.

    #161203
    D Benton Smith
    Participant

    @RIM
    Raul, as you have probably seen from recent comments between me and Dr John Day , John would like to securely send me his email address (and vice versa). Would be willing to send his address to my email, and mine to him? I’m presuming that both of our emails are visible to you by way of our registration to TAE. If you would do that for me I would in exchange promise to behave myself as much as possible from now on.

    #161204
    Figmund Sreud
    Participant

    I just have to share this timely rant with you folks here ( can’t help myself, in fact!), … it’s one by, presumably, a prominent and smart Canadian. Here it goes, … but a shortish vid first:

    <b> The cult </b>

    The cult

    F.S.

    #161205
    Oroboros
    Participant

    The lift capacity of Russian Perun Drone

    For emergency medical evac

    Or

    Dropping a really big grenade

    #161206
    WES
    Participant

    Biden wants to reduce the military CO2 footprint by feeding soldiers lab grown meat made with chemicals that doesn’t reduce CO2 at all.
    If the military really wanted to reduce it’s CO2 footprint how about making bombs that produce less CO2?

    #161207
    Oroboros
    Participant

    Rope-a-dope-a-Pope

    A meeting of “minds”

    .

    #161208
    Oroboros
    Participant

    Hucksters Fatal Attraction Syndrone

    #161209
    Oroboros
    Participant

    Paris

    Summer

    An Olympics to Cherish
    .

    C’est magnifique!

    #161210
    D Benton Smith
    Participant

    Here’s a solution that might not get anyone shot. Boycott the Blob.

    #161215
    Figmund Sreud
    Participant

    Just one day before the start of the so called “Peace Summit” in Switzerland, Vladimir Putin gave a lengthy speech to all the senior staff in the Foreign Ministry. Speech and details:

    F.S.

    #161222
    Dr. D
    Participant

    Don’t make promises you can’t keep.

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