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Do You Really Believe Its Okay for Banks to Charge You to Lend Them Your Money? Charge You to Deposit It, to Withdraw It, Count It, and then Charge You To Spend It? Come on! Arent you supposed to get interest on it like they do, and save?
If you’re being forced over a cliff, make a parachute… but be quick about it!
Once you know what caused the problems, solutions are always simple and obvious.
Tom Dennen
The Problem:
“When we look at classical / neoclassical economics, how can its intent be determined? “In the (almost three) centuries it has been practised, orthodox classical capitalism has not brought a growing or even a stable level of prosperity (to the people) in any country in which it has been practised. Spurts of apparent prosperity have been continuously destroyed by economic crashes that have over and over again ruined the lives of millions.” Professor John Kosy, Global Research, Canada.
The collapse of the South Sea Bubble in 1720 was the first such economic crash in the boom-bust system of financial and social management.
There have been four more crashes since 1720 with a ‘boom’ generation between busts – the 1770s, 1820s, 1870s, 1920s, each accompanied by economic depression, low inflationary interest rates and high credit costs, expensive (profitable) wars all followed by a ‘peaceful’credit-driven boom! *
Human Rights? Do you really believe it’s okay for banks to charge you to lend them your money? Charge you to deposit it, to withdraw it, count it, and then charge you to spend it?
Aren’t you supposed to get interest on it like they do, and save?
The current, and ongoing recession started with the Tokyo asset bubble crash between1986 and ’91 but there was no credit boom between the lost decade of the Tokyo crash and today (except for the faux dotcom and sub prime mini booms leading to the 2008 crash), rather an extension of the Tokyo event into the so-called ‘Double-dip’ recession during which, as we watch, the wealth accumulated through credit after the fifties and sixties is literally being stolen in the biggest robbery of all time, bust number six bracketed by very profitable wars.
20 million US homes are sitting empty today – across the street from an army of homeless people.
Bank ‘bailouts’ with counterfeit money are endemic.
The world is bankrupt.
The Baltic Dry Index is lower than at the 2008 crash.**
On Reality Street unemployment erodes society from the top end of the labour market up into the articulate middle and professional classes closest to the austerity cliff, people who should be quite worried by now, and making noises about the fifty million of our countrymen on food stamps because their jobs were outsorced…
That’s the ‘nutshell’ Problem, corruption.
Is there a Solution?
Perhaps.
At least one lies in the actions of a growing global movement called “PREPPERS” who obviously understand the problem: if you’re being forced over a cliff, make a parachute – and be quick about it…
The materials?
An aspect of self-sufficiency called Food Security.
In the remote possibility of lights and water (and food distribution) infrastructure failure, take out a cheap “grow your own food and store your own drinking water” insurance policy.
Surely we are all part of Nature before any destructive political ‘system’?
* ‘The Great Reckoning’, Sidgewick & Jackson, 1992, by James Dale Davidson and Lord William Reese-Mogg, who wrote then that the world was on the brink of cataclysmic social and political change to be brought about by a world-wide economic depression. A guide for individuals, businesses and institutions, the authors offered “investment tips and a whole survival strategy“ for the rich.
Some of the things they predicted for the poor were higher taxes; migrations away from big cities; decriminalization of drugs in order to preserve social order; the privatization of faltering public services and infrastructures; retirement postponed or even revoked for almost everyone and Islam replacing Marxism as the main challenge in the Capitalist ‘profitable war’ ideology…
** Because dry bulk primarily consists of raw material production inputs to intermediate and finished goods such as concrete, electricity, steel and food, the Baltic Dry Index (BDI) is seen as leading economic indicator of future economic growth and production.
Born in Boston, USA, Tom Dennen is a former marketing and media consultant to corporations in South Africa including Unilever, the South African Port Authority, the Durban City Council Tourism Board, the Durban International Convention Center, the University of KwaZulu Natal Convocation, and ad agency TBWA Worldwide.
Current academic ‘qualifications’ include an economic case study on Predatory Banking in South Africa (Chapter Six, Konrad Adenauer Manual on Investigative Journalism, 2010)
Currently studying alternatives to debt-based fractional reserve economies like Iceland and North Dakota and economically similar historical communities, he writes for a very small audience on “War as a profitable Economic Policy” in relation to global Food Insecurity and investigates related solutions (including the use of rain water for flushing toilets, car wash, dish wash and gardening rather than expensively processed tap water).
