The Next Global Financial Crisis is Here… but What Can We Do About It?

Phillip J. Watt, Contributor
Waking Times

We have arrived at the doorstep of the next Global Financial Crisis. Collectively, we can no longer hide from the immense financial problems that plague us, including our enslavement to debt. Yet it’s not all doom and gloom; this might just be a blessing in disguise because it is an opportunity for the masses to join the awakening community and participate in the discussion for how we collectively move forward both in the short and long-term future.

Let’s start at the start: the 2008 GFC was never resolved. There were trillions of dollars created out of thin air by many of the world’s central banks which were then injected into the finance sector to keep particular private banking organizations from going bust. The technical term for this is ‘Quantitative Easing’; however we all should know this as simply ‘socialism for the rich’.