Source Pravda.Ru

Gordon Brown to eliminate boom and bust cycle

As the sovereign debt crisis is coming, most of the people seem to be completely unaware of the consequences.

While the government's intention to eliminate cash has come into reality, some politicians as Gordon Brown continue to promote the process. However, this time it should be different.

We are running out of other peoples' money, as Margaret Thatcher warned. Karl Marx, who sought to change society by sheer force, set all this in motion.

Government tries to justify in their minds that stripping people of freedom, rights, privileges, and immunities, is necessary to maintain socialism for their sake.

When the governments of the world defaulted on their debts in 1931, there were no pension funds. Government has exempted itself from all prudent reason for you take the state operated pension funds, like Social Security in the USA, where 100% of the money is in government bonds. They may have no intention of defaulting, but very few government have ever paid off their debts in the end.

Then there are states who regulate pension funds requiring more than 80% to be in government bonds. A Sovereign Debt Default this time around will wipe out socialism though. Younger generations do not save to support their parents for that was government's job post-Great Depression. Socialism has altered thousands of years of family structure following the ranting of Karl Marx. Having ruined the social family structure, they disarmed people of what for thousands of years was the very means of self-sufficient survival.

So this time it is substantially different. Government is now on the hook, which is part of the reason why they are moving to eliminate cash to prevent bank runs and to force society to comply with their demands. And people like Gordon Brown, who sold Britain's gold reserves in 1999, claims now that eliminating cash will eliminate the boom and bust of the business cycle. Presuming he can fulfill Marxism by eliminating cash, Brown postulates ideas that are theory without any support whatsoever and believes he has a right to experiment with society.

Also read: Secret meeting on cash elimination to take place in London

Pravda.Ru

Read more on the subject here

 

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases
Comments
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
American Bioweaponry
Capitalism reduced Indonesian cities to infested carcases
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Russia on the eve of another Crimea referendum
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Europeans say what puzzles them in Russia most
Russian man grows abnormally large biceps that he calls bazookas
Science and Technology. Consensus builders for the media instrument
North Korea says Trump makes first step towards nuclear war
Capitalism reduced Indonesian cities to infested carcases
North Korea is not a threat to the US
USA to ruin Russian-Japanese relationship with the help of Aegis Ashore system
USA to ruin Russian-Japanese relationship with the help of Aegis Ashore system
USA to ruin Russian-Japanese relationship with the help of Aegis Ashore system
Russia to rebuild its former Soviet naval base in Syria's Tartus
Russia to rebuild its former Soviet naval base in Syria's Tartus
North Korea is not a threat to the US