High risk global banking saddling governments with endless debt

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too big to jail

A Ponzi scheme is any financial deal which cannot ultimately deliver its promises, because it has no resources to do so.  Instead of being a genuine investment, early investors are paid back with parts of the payments of later investors.  At some point, there isn’t enough new investment to keep the scheme going and it fails spectacularly.  The entire global economy is structured as one today.[1]  Despite numerous warnings from many economists and academics, there is too much invested in the scheme by the rich and powerful to ever consider changing it without extreme force being applied by people around the world.

The global Ponzi scheme is based on ever increasing debt to compensate for the fact that we have long since run out of resources to back the money being created from thin air by government and banks through the system of fractional reserve banking.[2]  The total debt owed by all countries across the world is now over three times annual global production[3], see an active counter of the size of the debt here.  This means that if all the money in the world were paid to reduce this debt instead of being used in economies, it would still take over three years to pay it off – and during that time nobody in the world would have any income.  This ridiculous situation is the means by which finance institutions and corporations are seeking to saddle governments and the people with the duty to repay this imaginary debt.[4]

The global Ponzi scheme is primarily enforced by reserve banks operating in almost every country in the world.  They control the creation and release of money based on the desires of the global finance industry, not on the requirements of any government or people.

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