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Tag Archives: debt burden
Cast off the Debt Burden
Being free of debt, whether it be an individual or a nation, is a fantasy. Well, so we have been brainwashed to believe. In fact we have been: ‘bamboozled’ into allowing a small financial elite to create colossal quantities of … Continue reading
Posted in anthropocene
Tagged austerity, conflict, debt burden, economics, global financial markets, IMF, impunity, interest rates, Keynes, loans, mismanagement, mobile capital, poverty, power grabs, resources, trade, usury
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Pandemic and benefits to banks
“Pam Martens and Russ Martens have been very critical of the role of the Federal Reserve and BlackRock in the current economic crisis. They have anticipated that, if the current drift of events continues, American taxpayers will once again be … Continue reading
Posted in anthropocene
Tagged benefits to banks, debt, debt burden, elite, hunger, liquidity, poverty, starvation, tax payers, wealth, winners and losers
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