Showing posts with label Banking. Show all posts
Showing posts with label Banking. Show all posts

Monday, June 22, 2015

5 Steps To Global Government

The current climate of Austerity makes the overwhelming need for a Global Government even more drastic then it ever has. I hate the fact that good people are being harassed and harangued by nation-states that insist its for our own good. This is clearly wrong.

The published goals of the World Aliance Party is global government, a global bank and a one world order where all lives are equal. This might be a tall order, but so was democracy.

There are 5 steps in achieving our first goal: A Global Government. And I'm going to let you into a little secret... They're achievable in our life times.

Friday, February 08, 2013

History of Global Banking Crisis

Global Banking Crisis, 

A Brief History...


The current global banking crisis began with an escalation in foreclosure rates among homeowners during 2006–2007, leading to a critical juncture in August 2008.

The way that the nation's mortgage markets are structured mean that a decline in the housing market hits other things: home builders, real estate, home supply, retail outlets, money markets, hedge funds (held by large institutional investors), and foreign banks. All of which increase the risk of a nationwide recession.

By 2007-2008 we were in the worst financial emergency since 1930s Great Depression. Large fiscal institutions were threatened by financial breakdown; then bailed out by national governments. Causing a downturn in the world's stock markets.

The backwash resulted in troubles in the housing market - leading to foreclosures and evictions - with lengthened and increased unemployment.

"The crisis played a significant role in the failure of key businesses, declines in consumer wealth estimated in trillions of US dollars, and a downturn in economic activity leading to the 2008–2012 global recession and contributing to the European sovereign-debt crisis."

downturn graph


The global credit crisis nearly destroyed the world's banking systems.

"Could the current financial crisis have been predicted from historians knowledge of past down turns and depressions globally?

Dr David Chambers, University Lecturer in Finance and Deputy Director of the School’s Master of Finance programme, thinks so.

An analysis of what happened in the crash of the 1930s may prove a good way to predict how long it may take us to get out of the current financial difficulties.

Structural problems, Dr Chambers says, need to be faced up to before a recovery is likely, and there could well be a few false dawns along that road to recovery.

Lessons From History by Dr David Chambers

Wednesday, November 28, 2012

Credit Crisis or Banking Conspiracy?

A follow up article to: 
« The Banks In Crisis - A World Bank is in Order »

Last week I said: "Some believe that the double-dip resession was the calculation of the banking fraternity to 'shear-off' money from the public. That the planned sudden shortage of money was designed to effect money markets across the word; that it was engineered to put people into debt. Thereby, obliging countless millions (who have nothing) to those who have the supply of money - banks and money funds. Surfdom by the backdoor, as it were."

I do believe there would be revolution if the people of this great nation understood our banking and monetary system. Some individuals even believe there is a secret cabal of Banks working against the best interests of people of the world.

In Britain at the moment there is a triple-dip scenario (this is the third recession of the credit crisis here). When, on 14/11/12 the Bank of England warned growth might not get back to pre-crisis levels until mid 2015. GDP (economic output) might only rise by 1% next year. Even so, there are still no prospects for the jobless millions.

Back in June, Robert Zoellick, the outgoing head of the World Bank Group, warned the G20 summit that Europe ran the risk of sparking a 'Lehman-style' global crisis - especially for developing nations - for whom consequences might be quite dire.

(The bankruptcy of Lehman Brothers in September 2008 proved to be the trigger for the deepest slump in the global economy since the 1930s. One we seem incapable of shaking free of.

"...prepare for the uncertainty coming out of the eurozone and the wider financial markets" Zoellick told G20 back in June. "Uncertainty in markets is now starting to increase costs for developing countries. The ripple effects are making everybody's life harder."
World Bank President, Robert B. Zoellick
World Bank President, Robert B. Zoellick

During 2012 high-income country growth is expected to increase by 1.4%; while, growth in developing country is expected to slow to a measly 5.3%. (According to an update in the Bank's June 2012 Global Economic Prospects, the global economy is expected to increase by 2.5% by the end of 2012 and up to 3% during 2013.)

Zoellick said he was concerned that the prolonged crisis was starting to lead to pressures for protectionism and economic nationalism. (Since the financial crisis began, in 2008, the World Bank Group has committed more than $280 billion to its members.)

I feel he was right and that things can only get worse before thet get better.

"Bankers own the earth; take it away from them but leave them with the power to create credit; and, with a flick of a pen, they will create enough money to buy it back again..."
- Sir Josiah Stamp, Director, Bank of England, 1940.

If there is a world conspiracy of Banks to keep poor-people poor and themselves rich, it would seem to be working.

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Sunday, November 18, 2012

Banks in Crisis - A World Bank Is In Order

Some believe that the double-dip recession was the calculation of the banking fraternity to 'shear-off' money from the public. That the planned sudden shortage of money was designed to effect money markets across the word; that it was engineered to put people into debt. Thereby, obliging countless millions (who have nothing) to those who have the supply of money - banks and money funds Serfdom by the back-door, as it were.

If this is so, then what of the banking crisis? More money manipulation? I hazard to think not.

Banking District
Banking District (Photo credit: bsterling)

Decisions taken by administrative bodies, and their appointed delegates, and civil organizations, all employing a variety of methods, none of which give their customers an opportunity to vote "yes" or "no" for the outcome.

Bankers think they own the earth. Our plan is to take it away from them. The power to create money and control credit should be in the hands of the people; in the hands of a world government run to help the people, not harm them. I want nothing less than to create a world system of financial control in public hands, nothing less than the economy of the whole world.

Who's Afraid of World Government?
Who's Afraid of World Government? (Photo credit: Truthout.org)

The power of the internet is so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that it encompasses everything. This world conspiracy of social media has been steadily growing. This conspiracy plays a definite recognizable role in most peoples' lives; and it will become the mainspring of every political movement during the 21st century. At last this extraordinary wellspring from the underworld of the geek has gripped the world's people by their hair and become the undisputed master of commerce. The growth of social media has made it possible to centralize the of world's economic control for the direct benefit of the people and not all current economic groups.

A world financial system dominated by the political system of each country but with a centralized head. Credit controlled by one fund, so everyone has the same chances.
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