The sole purpose of this story is to explain the simple maths of reality and the current Banking System – that is – 100 plus NOTHING does NOT equal 105 – and that charging interest on something that is created out of nothing, makes it impossible to repay, giving great power to those who do create money out of nothing – ie the Banks. This story was written by Larry Hanniganin 1971 and uses a fictional character (Fabian) in the [...]
In the teeth of the worst financial crisis in living memory, BBC business editor Robert Peston examines how the world got to this point and how the colossal imbalances in the global economy have left the UK in need of a radical economic overhaul. In this first of two programmes Peston examines how, thirty years ago, momentous decisions were taken which shaped the world we live in today. In China, Deng Xiao Ping opened up the country to foreign capitalists; [...]
When the world’s financial bubble blew, the solution was to lower interest rates and pump trillions of dollars into the sick banking system. The solution is the problem, that’s why we had a problem in the first place. For Economics Nobel laureate Vernon Smith, the Catch 22 is self-evident. But interest rates have been at rock bottom for years, and governments are running out of fuel to feed the economy. The governments can save the banks, but who can save [...]
At this writing in early 2006, the principal players in the sordid drama of Enron — believed by some accusers to be the most egregious corporate malefactors in American history — are about to go on trial for pillaging their company and devaluing its stock, leaving thousands of employees and investors holding the bag while they absconded with millions. Alex Gibney’s documentary examines the meteoric rise and spectacular fall of this Houston, Texas-based firm, which for a time made its [...]
Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal, there is no human relation between master and slave. Debt- government, corporate and household has reached astronomical proportions. Where does all this money come from? How could there BE that much money to lend? The answer is…there isn’t. Today, MONEY IS DEBT. If there were NO DEBT there would be NO MONEY. If this is puzzling to you, you are [...]
Most of us don’t know where their money is. However, one thing is for certain, it’s is not in the bank to which we entrusted it. The bank and our money is already a part of the cycle of the global money market. Let’s Make Money is an anti-capitalist Austrian documentary by Erwin Wagenhofer released in 2008. It is about aspects of the development of the world wide financial system, focusing on how elitists economically exploit the rest of society, [...]
In the second half of this special two-part Dispatches, economist and author Will Hutton continues the definitive insider’s account of how Britain’s economy went from boom to bust. Hutton reveals how those who tried to warn of the impending financial disaster were shouted down, ignored or fired. As a result, the repercussions of the collapse of Lehman Brothers hit an unprepared and vulnerable UK, and left the government frantically trying to prevent a banking collapse from turning the UK into [...]
As the credit crunch continues to leave Britain cash-strapped and high street banks report huge losses, Dispatches investigates who is responsible for the current crisis. Reckless lending and risky investments have been blamed for directly driving up mortgage rates and increasing the numbers of people losing their homes. Dispatches investigates how the bank chiefs allowed this to happen and if lessons have been learn from the Northern Rock crisis. Former investment banker James Max tracks down the banking bosses who [...]
Per its title, James D. Scurlock’s virulently angry muckraking documentary Maxed Out examines the many problems associated with escalating U.S. consumer debt. Scurlock places his weightiest emphasis on the ends of the spectrum rooted in extreme evil (read: abuse) – such as the capital lenders who wheedle poor farm families into assuming unmanageable loans and college students into placing massive amounts on credit cards. He also touches on the end rooted in extreme tragedy, such as the debtors who sink [...]
Eight ordinary people are given a million dollars, a fortnight of intensive training and two months to run their own hedge fund. Can they make a killing? The experiment reveals the inner workings of a City trading floor. The money is supplied by hedge fund manager Lex van Dam: he wants to see if ordinary people can beat the professionals, and he expects a return on his investment too. Yet no-one foresees the financial crisis that lies ahead. The traders [...]
The documentary proves through facts and statistics how hyperinflation in the U.S. is now inevitable and how Americans could soon see the end of entitlement programs they have become dependent on to live and survive. Meltup features Gerald Celente, Peter Schiff, Ron Paul, Marc Faber, Jim Rogers, Tom Woods, and others. NIA believes Meltup is the most important economic documentary ever produced in world history and a must see for you, your friends, and family members. Also NIA urges to [...]
End of Liberty exposes from a real life perspective how the U.S. is headed for a complete societal collapse. All Americans are now experiencing countless warning signs on a daily basis that a societal collapse is near. Unfortunately, most Americans don’t understand the significance of these warning signs. Each warning sign by itself doesn’t appear to have a lot of meaning, but together these warning signs present a very detailed picture of the current state of the U.S. economy and [...]
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