Wednesday, March 20, 2013

Why Is The World Economy Doomed? The Global Financial Pyramid Scheme By The Numbers!

I have been like everyone else the last few days in watching what is unfolding in Cyprus right now.  It is in my honest opinion that the Cypriots should absolutely NOT accept any criminal IMF or Euro-Bank imposed "austerity" that calls for a levy on every single bank account held by the Cypriots themselves.  They should say absolutely NO to the criminal actions by the evil Jewish bankers and their own government, and do exactly what Iceland did, and tell the fraud Jewish bankers to take their demands and shove it up their asses!  Debt enslavement is absolutely not the way to go, and will only lead to never ending servitude by the Cypriot people for the rest of their lives.

Lets face it, this problem goes way beyond the situation in Cyprus (and Spain, Italy, Portugal, Greece, France, and even Great Britain, to boot).   We have allowed these criminal fraudster bankers to take hold of all nations and impose their fraud Usury debt based monetary system on us all.   I must repeat again what I have learned by studying true history... Every single nation that has ever imposed a Usury debt based monetary system on its citizens has eventually collapsed.   What we have here is history repeating itself, and mankind still has never learned.

To help understand the true extent of this world wide financial mess we are in right now, I want to bring forward the following article from the website: Investment Watch, at, entitled: "Why Is The World Economy Doomed? The Global Financial Pyramid Scheme By The Numbers", for everyone to see for themselves.   It is very important reading and does present some very scary figures of exactly how huge this mess truly is.... I have my own thoughts and comments to follow:

Why Is The World Economy Doomed? The Global Financial Pyramid Scheme By The Numbers

by Michael
Why Is The World Economy Doomed? The Global Financial Pyramid Scheme By The Numbers
Why is the global economy in so much trouble?  How can so many people be so absolutely certain that the world financial system is going to crash?  Well, the truth is that when you take a look at the cold, hard numbers it is not difficult to see why the global financial pyramid scheme is destined to fail.  In the United States today, there is approximately 56 trillion dollars of total debt in our financial system, but there is only about 9 trillion dollars in our bank accounts.  So you could take every single penny out of the banks, multiply it by six, and you still would not have enough money to pay off all of our debts.  Overall, there is about 190 trillion dollars of total debt on the planet.  But global GDP is only about 70 trillion dollars.  And the total notional value of all derivatives around the globe is somewhere between 600 trillion and 1500 trillion dollars.
So we have a gigantic problem on our hands.  The global financial system is a very shaky house of cards that has been constructed on a foundation of debt, leverage and incredibly risky derivatives.  We are living in the greatest financial bubble in world history, and it isn’t going to take much to topple the entire thing.  And when it falls, it is going to be the largest financial disaster in the history of the planet.

The global financial system is more interconnected today than ever before, and a crisis at one major bank or in one area of the world can spread at lightning speed.  As I wrote about yesterday, the entire European banking system is leveraged 26 to 1 at this point.  A decline in asset values of just 4 percent would totally wipe out the equity of many of those banks, and once a financial panic begins we could potentially see major financial institutions start to go down like dominoes.

We got a small taste of what that is like back in 2008, and it is inevitable that it will happen again.

Anyone that would tell you that the current global financial system is sustainable does not know what they are talking about.  Just look at the numbers that I have posted below.

The following is the global financial pyramid scheme by the numbers…

-$9,283,000,000,000 - The total amount of all bank deposits in the United States.  The FDIC has just 25 billion dollars in the deposit insurance fund that is supposed to “guarantee” those deposits.  In other words, the ratio of total bank deposits to insurance fund money is more than 371 to 1.

-$10,012,800,000,000 - The total amount of mortgage debt in the United States.  As you can see, you could take every penny out of every bank account in America and it still would not cover it.

-$10,409,500,000,000 - The M2 money supply in the United States.  This is probably the most commonly used measure of the total amount of money in the U.S. economy.

-$15,094,000,000,000 - U.S. GDP.  It is a measure of all economic activity in the United States for a single year.

-$16,749,269,587,407.53 - The size of the U.S. national debt.  It has grown by more than 10 trillion dollars over the past ten years.

-$32,000,000,000,000 - The total amount of money that the global elite have stashed in offshore banks (that we know about).

-$50,230,844,000,000 - The total amount of government debt in the world.
-$56,280,790,000,000 - The total amount of debt (government, corporate, consumer, etc.) in the U.S. financial system.

-$61,000,000,000,000 - The combined total assets of the 50 largest banks in the world.

-$70,000,000,000,000 - The approximate size of total world GDP.

-$190,000,000,000,000 - The approximate size of the total amount of debt in the entire world.  It has nearly doubled in size over the past decade.

-$212,525,587,000,000 - According to the U.S. government, this is the notional value of the derivatives that are being held by the top 25 banks in the United States.  But those banks only have total assets of about 8.9 trillion dollars combined.  In other words, the exposure of our largest banks to derivatives outweighs their total assets by a ratio of about 24 to 1.

-$600,000,000,000,000 to $1,500,000,000,000,000 - The estimates of the total notional value of all global derivatives generally fall within this range.  At the high end of the range, the ratio of derivatives to global GDP is more than 21 to 1.

Are you starting to get the picture?

Every single day, the total amount of debt will continue to grow faster than the total amount of money until the day that this bubble bursts.

What we witnessed back in 2008 was just a little “hiccup” in the system.  It caused the worst economic downturn since the Great Depression, but global financial authorities were able to get things stabilized.
Next time it won’t be so easy.

The next wave of the economic collapse is quickly approaching.  A full-blown economic depression has already started in southern Europe.  Unemployment is at record highs and economic activity is contracting rapidly.

The major offshore banking centers in Cyprus are on the verge of collapsing.  It was just announced that they will now be closed until Tuesday, but nobody really knows for sure when they will be allowed to reopen. 

And there is already talk that when they do reopen that there will be strict limits on how much money people can take out.

And now the IMF is warning that the three biggest banks in Slovenia are failing and that a billion euros will be needed to bail them out.

The dominoes are starting to tumble, and the United States won’t be immune.  In fact, the greatest financial problems that the United States has ever seen are on the horizon.

But you can just have faith that Ben Bernanke, Barack Obama and the U.S. Congress know exactly what they are doing and will be able to save us from the coming financial collapse if you want.

The mainstream media will provide you with all of the positive economic news that you could possibly want.  They are giddy about the fact that the Dow keeps hitting all-time highs and they would have us all believe that we are in the midst of a robust economic recovery.  You can listen to them if you want to.

But when you are tempted to believe that everything is going to be “okay” somehow, just go back and look at the numbers there were posted above one more time.

There is no way that the global financial pyramid scheme is going to be able to hold up for too much longer.  At some point it is going to totally collapse.  When that happens, will you be ready?

The New World Order Is Coming
NTS Notes:   I read this article twice, and all I can do is just shake my head.   I point the fault straight at those who have profited from this horrible situation through their own pursuit of greed and power.   It is remarkable that most of our nations still allow these criminals to continue their evil deeds, when in fact they should all be in jail!

I have long said that the only solution is to immediately cancel ALL DEBTS and basically take the present financial and monetary systems, tear them up, and throw them out like yesterday's trash.... It is time to discard the present mess and start from scratch, producing all currencies around the globe absolutely debt and interest free.   Another important action to take is to outlaw the crime of Usury,and to make sure that the criminals that are behind this horrible crime are never allowed to recreate the same mess ever again.

I also wonder why the hell the people here in North America are almost totally unaware of the horrible situation happening in Europe right now... It does seem that the criminal Jewish controlled media has done its dirty work in keeping most people here completely in the dark about their impending demise... When the failures in Europe spread here to Canada and the United States, and yes, when Europe comes crashing down, it will spread here....The result will see most people here left penniless and destitute, and only then will they be asking: What the hell just happened?   By that point it will be too late....

I really do not like being the purveyor of doom and gloom, but I and others have long predicted that a real world wide collapse of the entire criminal financial system is coming... It looks now that it will happen sooner than later...

More to come



mary sullivan said...

Greg Bacon said...

It's more than just greed that the banksters have in mind, it's also total enslavement to their perverted fantasies.

Until those SOB's are rounded up and start swinging from the gallows pole, the world will not be safe.