Friday, 19 September 2008

Money as Debt

Kevin and I, this morning over breakfast, were discussing the current banking situation. In our lifetime, certainly in our perception, it is extraordinary for banks to be other than safe. We found ourselves asking questions we did not have the answer to, and it made me realize that so many of us do not really understand fully our banking systems or even realize that we don't.

Shortly after our conversation I found this on a blog that I read and felt that I should share it. It is a 45 minute video so I would understand anyone feeling that they do not have time to watch, but I beg you to find the time. While you may not have asked the questions yourself, be sure that the information in this video will probably surprise.

I wonder if when we talk of the end of the world, what we really mean is the end of the world as we know it. I have often seen the year 2012 predicted as an apocalypse or a new beginning. Is this perhaps a reference to a new world wide monetary system needing to be put in place? Would it take that long? It would certainly lead to a transformation of the world as we know it.

Money as Debt Part 1 of 5

Money as Debt Part 2 of 5

Money as Debt Part 3 of 5

Money as Debt Part 4 of 5

Money as Debt Part 5 of 5


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