WHY WE’RE BROKE EXPLAINED

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Money 1

You are careful with your finances and pay your credit cards on time to avoid interest charges? Don’t be too smug. Every time you purchase a train ticket; buy a pair of shoes or use public services roughly 40% of your spend will have gone into the vaults of the international banking houses.

According to Ellen Brown, chairman of America’s Public Banking Institute, bank interest charges are regressive. This means the poor are constantly milked to further enrich the rich.

A public banking sector such as enjoyed in National Socialist Germany and other ‘rebellious’ nations would discount up to 40% off everything we buy or use. This is the reason why the private banking system fear and challenge nationalised banks like those of Russia, China and Iran. It explains America’s $23 trillion debt.

Money Classes Guillotine

Agriculture, manufacturers, services and transportation costs are dependent upon bank credit. Each in the supply chain must invest in their business, use premises, engage labour, buy materials and use transport, etc. This before the end product is available. This bank credit is accumulative and variable.

German Professor Margrit Kennedy reveals that 35% to 40% of everything we buy goes on bank interest. Each time local government and ordinary purchasers spend €100, 40% is siphoned off by the banking conglomerate’s accumulative interest rates.

Should I not ask YOU those questions

Dr Kennedy discovered that even in fiscally prudent Germany bank interest adds 12% to the cost of refuse collection. When we receive a water bill presume an eye-watering 38% of the invoice value will go directly to the vaults of the private banking sector. In Germany, a breath-taking 77% of rentable public housing goes in private bank interest.

In the United States, compound interest on most mortgages amounts to 80% of what they pay for home or business premises. The home of the free is actually the home of the free ride if you are a bondholder, banker or financier.

Gun Rob bank. Bank. Rob World

The noted German researcher and analyst draws heavily on the findings of economist Helmut Creutz. His findings are based on the German economic model. However, if you are not German don’t get too excited; the same corrupt banking system is in place throughout the European Union and the United Kingdom.

Financial sector profits comprise an incredible 40% of the price of whatever Americans purchase. This may go some way to explaining why 1% of Americans own 42% of the national wealth. Only 5% of America’s wealth is shared between those making up 80% of the population.

If we had a financial system that transferred private bank interest back to the public purse 35% could be lopped off the price of everything we buy. That means we could buy three items for the price of two; our salaries would go 50% farther than they go today. Like this story? Share it with a friend.

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10 comments

  • Pingback: WHY WE’RE BROKE EXPLAINED | altnews.org

  • Japan in WWII: A Casualty of Usury?
    Was WWII Fought to make the World Safe for the Bankers?

    by  Dr. Ingrid Rimland Zundel
    Thanks to best-selling author, David Irving, the establishment view that the United States of America became embroiled in World War II as a result of a surprise attack on Pearl Harbour on December 7, 1941 is no longer accepted by major historians.The origins of this conflict, says South African politician and noted banker, Stephen Goodson, have far deeper roots.

    http://zundelsite.org/veterans-today.html

    https://www.veteranstodayarchives.com/2011/06/26/was-world-war-ii-fought-to-make-the-world-safe-for-usury/

    Hitler and the Banksters: The Abolition of Interest-Servitude
    By Dr. Ingrid R. Zundel on September 13, 2011

    This article was written for mature and thoughtful people who want to understand today in light of yesterday. It was not written for baboons who start to howl the moment they hear “Hitler” ñ the way the monkeys of my youth used to howl in front of my window in South America when they heard a thunderclap.

    http://zundelsite.org/veterans-today.html

    Liked by 3 people

  • The situation is even more grim than that. In countries like Australia, 90% of your life earnings to taxes. In other words, 45 years of a working life of 50, you slave for the government for free.

    https://truthwillout.online/news/rebelofoz/say-no-to-taxes

    Liked by 2 people

    • As I understand, a ‘balanced budget’ is when income taxes are enough to cover the interest on so called government borrowings. The Australian Taxation Office is a branch of the Reserve Bank of Australia, both being foreign owned corporations. The Commonwealth of Australia went bankrupt and is now a registered corporation with the United States Securities and Exchange Commission. In 1973 we simply became, Australia.

      Liked by 1 person

  • I’m not very deep into understanding economics, but I do know that in America, savers are being robbed for the benefit of lenders and debtors. All to fuel the unsustainable jewish concept of never-ending economic “growth”.

    Liked by 2 people

  • If you scroll down to the bottom of COMMENTS you will find an ‘unsubscribe’ button. It should work; if it doesn’t in your case I have no idea why. By the way, we went through the laborious task of looking for you in our followers. We can not find you.

    Like

  • Sharon Barron is a mixed combination is Baron Cohen and Ariel Sharon.

    Liked by 1 person

  • Oh Mike: Do you fear mentioning what ethnic group controls the U.S.Banks? It is a GR8 article otherwise and I did forward it to about 50 people.

    Liked by 1 person

  • Sturmgehwehr stg 44

    Finally, the correct view of the war is gaining ground over the phony history. The real purpose of allied powers prosecuting WW2 against Germany and Japan was to preserve the debt based banking system run from the City of London. This same system will bring about financial destruction as it is based on endless debt to pay back the debt already issued by the banksters.

    Eventually, the debt issued can never be paid back and the whole system implodes. This is about to happen very soon. The response by the globalists will be tyranny and force against anyone who wants to reject their one world government and be independent. .

    Liked by 2 people

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