An Argentine opinion on the Global Financial Crisis. Adrian Salbuchi describes the whole Global Financial System as one vast Ponzi Scheme. Like a pyramid, it has four sides and is a predictable model. The four sides are: (1) Artificially control the supply of public State-issued Currency. (2) Artificially impose Banking Money as the primary source of funding in the economy. (3) Promote doing everything by Debt. (4) Erect complex channels that allow privatizing profits when the Model is in expansion mode and socialize losses when the model goes into contraction mode. www.globalresearch.ca www.globalresearch.ca www.scoop.co.nz djiin.wordpress.com
The Global Ponzi Scheme pt.1/2
Written by admin on May 27th, 2010 in Argentina.
Tags: Global, Ponzi, pt.1/2, Scheme
You are SO WRONG. You’re playing your little puppet part into the whole scheme by saying that.
The Earth can have 250 billions people on it with no poverty and pollution.
They created the Problem, to bring their OWN solution.
Money doesn’t worth ANYTHING now, it’s fiat money, it’s derivatives… This is NOT REAL capitalism. Get a clue.
You don’t need to study high-finance to see the underlying pyramid scheme of endless population growth and the depletion of finite resources to sustain it.
It’s a biological & geological dead end street. The Earth can’t keep supporting an additional 75,000,000+ people each year, who need vast amounts of land, water, energy and food. Money itself is not a resource.
The whole notion that the GNP “needs” to GROW forever on this finite rock is deeply flawed and physically impossible.
Usury is a word which can cover many things, from loan-sharks to fractional banking to control of the cash (debt) flow.
Any philosopher you can shake a stick at, from Moses to Cato and beyond, cursed usury.
Usury, in all its manifestations, is one of the core problems of our times. That people have (very recently) become accostumed to and dependant on it is neither here nor there: it comes with chains attached.
I expose Zeitgeist for a million reasons.
Don’t spam this anymore here please.
Fiat Empire
Money Masters
Money As Debt
Life and Debt
Dollars and Sense
Money, Banking and the Federal Reserve
zeitgeist addendum
These are documentaries to watch.
Bernie Madoff should be the secretary of the treasury !
My comment was addressed more towards those who continue to say Capitalism is to blame and that we must scrap Capitalism. I’ve been seeing a lot of that lately and it’s bad. The people who spew it are not informed about what is really going on and how the system really works….or even how we come to be on this system that is a perversion of what real Capitalism is.
I know all that. Most of people don’t know what is REAL Capitalism and competition.
Are you telling me that? or him?
Because you don’t educate any of us both on that.
The problem we face today with this Fake Capitalism was EXACTLY created for us to accept the Third Way. The New Socialism. Communitarianism.
The Theosophic Communitarian Secular Humanist World Order.
Let’s get something straight. Capitalism and our monetary system are to totally different things. I agree that since we went to a fiat system that’s when things went wrong. But we don’t need to scrap Capitalism to fix it. That’s the dumbest fucking thing I’ve ever heard. Those who say that are probably closet commies. We need to fix the monetary, or banking system, to get back on track. People need to get informed because uninformed decisions are bad ones.
Why buy a car or house or land when the gov will confiscate it for not paying taxes. Buy gold silver precious metals, artwork, jewelery for portability and get out of the usa to a more stabile country.thats what saved many jews in the early 20th century.
It’s not specifically usury. If there were other competing banks they would have lower rates (not one central system.) They still have overhead. They still have to pay their employees.
And if anyone was allowed to open up a bank (or money holding service). The one which charged the lowest, that everyone was satisfied with would win out.
It’s only government legislation that forces people to bank with banks connected to the central bank, that promotes a monopoly.
he’s got a point, the U.S brand of capitalism is a global ponzi scheme that takes no account for global resources, climate, or the value of the environment. It’s only about growth, not the survival of the human race.
just take your vaccine like good little sheep
What do you suppose will happen, if we; “pull
all your money out of the bank”? as Adrian suggests? Thats right.
The banks will collapse under the massive
bank run ( I know they’re already insolvent,
but an open bank run will do them in. And us).
This Argentine Man is no friend to the Northern
Hemisphere and would love to see us crash- and-burn with uncontrolled bank failures.
Common sense…
Always have some cash on hand.
Try to lower your debt…..etc
.
“Batmobile lost his wheel and the joker got away………”
yup.. thats what central banks do
A complete idiot tells fearful imbeciles what they want to hear. Lets hope enough stupid people take his advice and convert all their monetary wealth into tangible goods to prop up the economy for the sane people.
Usury is why the whole system fails.
Lets say I’m a bank. I have $100. ANd the rest of the population has $100. You barrow $100 from me. You then pay me back that $100 plus interest, let’s say $20. SO now the bank has $120, and the people have a combined $80.
SO now we have less money in the economy. Businesses are not all going to adjust their prices, especially in a large population, they may not see there is less money. This causes less goods to be bought and jobs to be lost.
Good Job. If all the money has to be borrowed, then someone has to lose. the people lost and the bankers won. Our leaders gave our wealth away.
Thank you for this very insightful commentary.
5s
what about tourists and consumers of souvernirs and waste three cellular phones a year? profiteers are just people with money, the crowds are just profiteers without money. nobody can handle this, so everyone will be chasing the facts
Salbuhi is king. Keep up the goodwork
Yeah that is a strange concept, we might as well go get some monoply money, it’s all worth
about the same, ZERO
Socialsim, Capitalism, Communism all isms come from the same place, the Elite put them into play so they can control the whole globe and keep us asleep arguring about ideology instead of looking at the real problem. As you can see poverty is expanding in all three systems, and all three systems are now collapsing
so whats the difference?
They even create the religions of the world to keep us divided and fighting over who has the truth.
KamikazeKoscki – don’t leave out their agents, without them the P.B.,press CEO;s ,Military, brutal Police, Poli-trick-ans, weapons MFG’s
Bio terrorists labs for hire, the Elte could not do this without them. We need to id, nane the names publicaly, vs some far off Rothchilld Dynasty, Who’s who? Where is the location,
they hide behind these invisible institutions and titles, but some” body” has to be somewhere to run them, we and them need to have a “conversation with God.”.
Now!