Wall Street Banker Says Global Debt Does Not Belong To People - Alternative View

Table of contents:

Wall Street Banker Says Global Debt Does Not Belong To People - Alternative View
Wall Street Banker Says Global Debt Does Not Belong To People - Alternative View

Video: Wall Street Banker Says Global Debt Does Not Belong To People - Alternative View

Video: Wall Street Banker Says Global Debt Does Not Belong To People - Alternative View
Video: Gillian Tett on how she predicted the financial crash & why the debt crisis is going to get worse 2024, May
Anonim

, and entities outside the planet Earth

The peoples of the world are in constant debt slavery, and material values disappear every year, writes yournewswire.com.

According to Wakingtimes, the peoples of the world are in constant slavery to the masters of paper money, who have burdened us with absolutely irresistible debt obligations. And these debts are even mathematically impossible to pay off. Currently, the CIA estimates the total global debt is close to $ 90 trillion.

"In 2013, according to the CIA World Factbook, the world's GDP was about $ 87.25 billion in purchasing power parity (PPP) terms, as well as about $ 74.310 billion in nominal terms."

The gross world product (that is, the nominal value of planetary human activity per year) was recently estimated at $ 78 billion. That is, almost a whole year of productivity of every man, woman and child on planet Earth, about 7.4 billion people, is due to someone … But who exactly, no one knows for sure. How is this possible?

After years of investigating the trillions of dollars missing from the U. S. government, former Wall Street banker and former Assistant Secretary of Housing and Federal Commissioner for Housing in the U. S. Department of Housing and Urban Development in the first Bush administration, Catherine Austin Fitts (Fitts) came to the conclusion that the global debt may well belong to an entity outside the planet. This entity operates the planet Earth as a real estate investment.

“Is the earth's economy open or closed? I went to business school, I worked on Wall Street for eleven years, you know, I have been involved in the economy my whole life. And all this time, I was invited to assume that the economy of the Earth was a closed system. Thus, if we issued a debt, then other people owned the debt. If we have issued shares, other people own those shares. But if you look at all my economic experience that I have had throughout my life, in government, business, and elsewhere, you know, if you ask me to describe the economic model on planet Earth, I would say: “okay, planet earth is a real estate investment fund because we pay dividends in some place to someone every year. And I don't know where this is going. And that turns into a question mark in the planetary balance."

While Katherine Austin Fitts admits that she herself does not have the answer to this rather serious question, there is the fact that every year most of what is produced in the world evaporates into the air, without anyone being responsible. … And so there are good reasons to ask this question to one of the recognized economists. Even the government accounting bodies, which are responsible for tracking and recording all our expenses, have no answer to this question. Money simply disappears, debt grows exponentially, and no one can explain who the recipient is.

Promotional video:

“Let me bring some important questions to them. “Is it an open economy or a closed economy?” I have a lot of statistics on who issues debt. But in my entire life I have not been able to get statistics on who owns this debt? I don’t know who owns it. I know that they control. And they control through debt. Because you can invisibly manage a company through regulation through debt. But who owns the debt? Is it people, or is it someone else? Katherine Austin Fitts asks.