Was the Financial Crisis a consequence of mismanagement or a deliberately contrived strategy of global economic warfare with the objective being Armageddon?
The weapons of mass economic destruction being the Internet coupled with advanced Computer technology. This facilitated multiple rapid transactions by Brokers, Speculators, Banks, Investors and Fraudsters earning excessive commissions often by generating that which did not exist in terms of asset value. Repetitive trading merely generates more of that which does not exist.
By any logical argument a debt exists because there is a corresponding creditor. It therefore begs the question regarding the volume of global debt, who and where are the corresponding creditors and more importantly what and where are the corresponding assets.
When will it end and more importantly how will it end, as individual national governments try to solve a global issue with nationalistic policies in the hope and belief they are capable of gaining an eventual advantage from the economic crisis.
In the meantime populations who believe they have elected their leaders and politicians by a democratic process to represent and protect their best interests are facing the consequences of a system which has allowed unelected global financial institutions to place the whole concept of capitalism in jeopardy.
There can be little doubt financial stability is related to asset value and if assets are overvalued the result is a deficit for that which does not exist.
Over a protracted period the trading in overvalued assets has provided massive speculative gains for a minority to the point of saturation when a loss in confidence gave rise to the realisation of the deficit value of that which did not exist.
By any definition, to value that which does not exist is fraud and the advances in technology have generated a Global Utopia for fraudsters to exploit as the sheer volume of global transactions is impossible to monitor.
As an example, in the United Kingdom the maximum sentence for fraud is 10 years imprisonment.
When fraud is of a scale that jeopardises a nation’s financial stability and security it is difficult to draw the distinction between fraud and treason.
With the ability of modern technology and the benefits of such financial rewards it is difficult to comprehend fraud on such a scale was not deliberately contrived.
The following account of the Financial Crisis is based on the personal experiences and investigations of an average working man from October 2006 up to the present day.
Attempts to bring the subject matter to the attention of the authorities at the most senior level including Members of Parliament, Prime Minister Gordon Brown, President Obama and the media were all to no avail, begging the question “what is it they do not want us to know”.
In 2012 a chance encounter with a retired reporter who had formerly worked on several national tabloid newspapers presented the opportunity to seek an opinion on a synopsis of the subject matter. His response to the revelations was they could be dangerous in terms of personal safety and therefore it was of no surprise there was a reluctance of the authorities or media to pursue the matter.
The Reporter’s conclusion was the only way to progress the matter would be to write a book and get it published.
With no experience as an Author and limited knowledge in economics, a daunting prospect indeed but the mathematics are self explanatory.
There can be little doubt a Global Crisis requires a Global Solution.
It is therefore disturbing when the UK Prime Minister David Cameron claims as a consequence of the crisis some will fail and some will succeed and he is determined Great Britain will succeed.
This isolationist attitude is disconcerting and unrealistic and appears to be founded on an outdated belief we can still conduct ourselves as a colonial power which in reality is more suitably confined to the annuls of history.
There was of course the catch phrase “We are all in it together” Yes Prime Minister, “The Fertilizer”.
The medieval concept of taxing the general population to finance the whims of the privileged remains to this day in the name of austerity or in simplistic terms having a whip round to pay for that which does not exist, ever increasing the gulf between those who have it all and those who have nothing.
The definition of Politics seems to be:-
They Play - We Pay
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