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Economic Stage Set To Fail By Design
The Intellihub
Shepard Ambellas
August 27, 2011
The world’s economic stage, pace, and policies have been set up (by design) as part of a scripted, predetermined (desired) outcome by tyrannical oligarch’s that have been dominating the minds and souls of many for hundreds of years.
Major players like the IMF Bank set the pace on a grand scale.
The fiat currency (paper or electronic) that you hold in your wallet or bank account is really just an illusion, a hologram to control the masses.
What makes that paper or electronic data worth anything at all?
Take a construction loan for example;
To build a new home can sometimes be a challenge, especially when it comes to the cost, this is where the banks and the scam comes into play. They prey on the consumer who is not set up on a cash money basis and wants to live outside their means.
Here is how the scam works;
First the bank lends the borrower a pre-approved amount based on the credit rating and down payment of the customer at interest.
So lets say the customer gets a $300,000 construction loan to build a home, then hires a General Contractor to build the home.
First of all the customer more than likely put around 10% of the total loan amount down or more as a deposit on the bank loan (fiat). So by the bank lending the money through electronic means (i.e. paper checks from a loan account), the bank has no out of pocket expense and just collected a minimum of $30,000 dollars that the bank will turn around and reinvest and make even more money off of.
Once the loan was initiated and the construction process begins the contractor will get paid through a series of draws. During the entire process and after the house is completed the customer will be making monthly loan payments — making the bank even more money out of thin air.
Ah, but here is the kicker.
After the home is complete if the customer defaults on payment for 90 days the bank will then repo a “tangible asset” that was built at no cost to them, while the bank profited the whole way.
So at no loss to the bank the bank will then resell the home at market value that was originally built out of thin air and make the $300,000 back plus the money they collected from the down payment and all the monthly payments, not including what they made off the interest and investing that cash in other ways.
So you now can see why the bankers have an incentive to actually destroy the economy in a sense.
The IMF has been gloating recently, letting the cat out of the bag.
Here is an excerpt from the Wall Street Journal;
JACKSON HOLE, Wyo.—Risks to the global economy are rising and countries must be quick in adopting the right policy mix to ensure a continued recovery, International Monetary Fund Managing Director Christine Lagarde said Saturday.
“Developments this summer have indicated we are in a dangerous new phase,” Lagarde told a meeting of top monetary policy makers from around the world. “The stakes are clear: we risk seeing the fragile recovery derailed. So we must act now.”
The new IMF chief, a former French finance minister, said monetary policy should remain easy because the risks of recession are greater than inflation risks. Inflation pressures from energy and food prices are abating and inflation expectations in advanced economies such as the U.S. and Europe are well-anchored, Lagarde said.
The bankers can’t wait until the world economies implode so that they can further implement the SDR (World Currency) and finally gain their New World Order. This is what they have been working so hard for, for so long.
The coming months we will have a front row seat, a ticket, to see one of the most orchestrated events of all time unfold as the illusion persists on the main stream media.
3 Responses to Economic Stage Set To Fail By Design
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Abolish money.
Just want you to know your work is greatly appreciated Shepard. Wish you would have plugged you site more on AJ the other day..
Godspeed……..
The author is forgetting a couple of things. Fractional Reserve Banking.
The banks NEVER loan “money”, they loan credit. When one takes out a construction, personal or auto loan or mortgage, the “money” is created when the loanee signs the papers. The interest on the loan is never created. That’s the first fraud. How can you pay back interest if that “money” is never created and doesn’t exist?
The banks then create at least ten times the loan amount to invest and/or make other loans. (Some say up to twenty times.) That’s the second fraud.
The “loans” are then sold to investors around the world many times so the originating bank doesn’t really own the original note. That’s the third fraud. That’s why the mortgage backed securities fraud is so immense and threatens the global economy. These fake notes are sold globally, don’t have any value and one defaulted loan equals about thirty to fifty defaulted investments. Some say the real debt is $211 Trillion. Others say $1.25 Quadrillion. That’s 1,250 trillion to you and me, boys and girls.
It’s the same as the COMEX. For every ounce of gold or silver in inventory, they sell 1,000 ounces of paper certificates on gold or silver that doesn’t exist. They do not have the inventory to fulfill all the contracts they’ve sold. That’s why if you buy gold or silver, buy the physical coins/bars. Gold or silver certificates are as phony as the Federal Reserve Notes in your pockets or bank accounts. Neither has any value and if there’s a monetary collapse or currency devaluation, your holdings could be zeroed out and there won’t be anything to do about it.
Keep in mind that in such an event, the FDIC has 99 years (according to their charter) to pay out on your bank accounts that you think are “FDIC Insured”. These small banks that are going under are just pocket change. If the large banks go under, there’s no way the FDIC can possibly cover the deposits and bank runs will be futile. Even if you still consider it money, that much doesn’t even exist. Banks don’t have FRN’s in their vaults. They have enough to cash some checks and stock up at the end of the week/month when people cash their paychecks. Try closing a $20,000 IRA and ask for cash. The banks won’t have it. Then think if 1,000 or 10,000 people did the same. The vaults will be closed and the bank’s doors will be locked before you finished filling out the withdrawal slip.
The world’s economy is just a $10 Monopoly game you can find at WalMart. Each country has their own game board, written in their native language. That’s why the global elite took all the silver from the coins in the mid-60′s and are now stealing all the gold and silver reserves from all the countries they are invading. They replaced the silver with tin and zinc and the gold with worthless paper notes. Gold and silver is money. Everything else is just a damn piece of paper or some digits on your computer screen.
Sorry, but that’s the truth. Only when you realize it, can you begin to protect yourself. They can screw around with gold and silver prices but gold and silver will always have SOME value. Fiat currency never has and never will. Prepare accordingly.