On 11-01-27 10:07 AM, Kevin Alfred Strom wrote:

However, the banks do create "forever debt." As soon as their fictitious
"loans" are "paid off," the same imaginary money is instantly created
and "loaned" again, with the result that the workers end up laboring
half their lives or more for the bankers and their stockholders.


The sole purpose of politicians everywhere has been to put their
populations into debt. These middlemen between the money and it's
victims deserve a very special place in hell. It's feudalism all over
again, with the new twist of intermediary leeches thrown in.

I calculate that if ALL deficit spending in the US were to stop now AND
all interest on the accrued debt were to be 'forgiven' AND there are no
more tax reductions AND not a penny is spent on ANYTHING, it would take
ALL the money raised by the government for the next 25 years to pay it off.

Not one of those four items will happen. You're screwed.

On a side note:
The bankers will no doubt make war on China rather than repay the loans.
Kill the lender. Quite Shakespearian, no?



mike