Banksters wrecking ball in motion.

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Banksters wrecking ball in motion.

Our consumption is mostly financed by accumulating debt liabilities to supplement inadequate wages and salaries. Thus government runs massive fiscal deficits, not only to support the income shortfalls of its citizens, but also to enhance corporate profits. In this way corporations enjoy lopsided profits with which they leverage up by engaging in a massive swap of equity for debt. Thus debt issuance keeps increasing, despite record corporate profits. This is done so corporations can leverage up their bookkeeping profits with more bookkeeping profits through repurchasing their own shares with ever more borrowed money by trading equity for debt.

We are in for a depression as soon as this all is forced to unwind.

The primary cause for all of our financial disorders is the fact that banks don't have any money. They lend credit as if it was money, thus the money does not exist in circulation to pay down the debt with. We pay debt with more debt. How is that ever going to reduce debt. We are so smart (stupid) that we have outsmarted ourselves.


in which topic you will not go anywhere any negative, the feeling that financial management is sheer stress. it's like some kind of drama that has no end. By the way, I recently read a very interesting essay on the topic of Romeo and Juletta. It seems to me that you should be interested in this and allow you to be distracted.