Countries Around the World Are Collapsing And It's All Happening for the Same Reason
Countries Around the World Are Collapsing And It's All Happening for the Same Reason
Everyone wants to blame everything except the right thing
I read it on Reddit and Twitter all the time: “Nations around the world are going to shit.”
You feel it too, don’t you?
In America, infrastructure is decaying rapidly, life expectancy is in freefall, and mental health issues plague young people.
In Canada, house prices are soaring higher than anywhere else on earth, living standards are at a forty-year low, the healthcare system is now worse than most European countries (which is really saying something), and the wealth gap is widening at its fastest rate ever.
In the UK, the majority of towns are more impoverished than Mississippi.
Even Finland, a land where by all measures of human well-being things are better than basically everywhere else on earth, is currently in a true-terms recession, real purchasing power is weakening, there’s talk of privatizing public services, and their vaunted education system isn’t performing as it once did.
What the heck is going on?
Name a place, it’s getting materially worse.
Why?
Why?
To paraphrase James Carville…
It’s the debt, stupid.
It’s the debt, friends.
It’s that simple.
As of today, the total outstanding US debt is $98,372,502,000,000.
Ninety-eight trillion dollars.
Nearly $300,000 in debt for every single citizen in the nation.
At 6% interest, can you afford to lose $18,000/year in real wealth for the rest of your life?
Of that $98 trillion, $34,560,897,354,777.70 is government debt owed by taxpayers thanks to wickedly corrupt politicians cutting taxes on the hyper-rich and instead increasing public debt.
For historical context:
America’s debt-load has more than 10Xed since I was born in Q1 1986.
Before the creation of America’s private “central bank” (the Federal Reserve) in 1913, total American public debt was less than a measly $10 billion. Adjusted for inflation, we’ve seen a 109X increase in public debt in just over a century.
Why does this matter?
Because you have to pay this back with interest.
Voters get all worked up about Israel vs Palestine and black vs white and gay vs trans, but at the end of the day, we should all unite in fury at the fact that Americans will be forced to pay more than ONE TRILLION DOLLARS IN INTEREST to predator creditors this year.
You could build free homes for the poorest 10 million families with that kind of money — which would have the knock-on effect of drastically dropping house and rent prices for everyone else, which would have the knock-on-effect of dropping prices and the cost of living while increasing the dollar’s purchasing power.
Or, you know, you could just keep forcing American serfs to hand over a trillion dollars to usurers for doing literally nothing.
And that’s just America.
Total global is currently sitting at an abhorrent $315 trillion.
Canadians will pay over $54.1 billion in interest this year.
Britons will pay over £73.5 billion in interest this year.
Does your nation have problems?
There is money to fix those problems.
But sadly, instead of fixing the problems, your nation’s wealth is flowing like Niagara Falls into the insatiable maw of debtholders.
How the heck did this happen?
How the interest-based economy works
Interest-eating is a brilliant business model, actually:
Private for-profit banks create most of the money in society (roughly 90%) as interest-bearing credit debt. They also control the nation’s central bank (in America, they literally own the shares of the Federal Reserve) so they profit from the government’s creation of interest-bearing debt money, too.
They use some of that interest profit to buy the government via party ownership, funding political campaigns, lobby-bribing, and media control. That’s why we only get exclusively crap politicians. Banksters only let loyal lap dogs serve in office. If you’re the sort of sick sociopath psychopath who’s happy to let banks retain control of “democracy,” then you’re a person of bad character and compromise — perfect for high office. This lack of character and real competence guarantees garbage outcomes for the masses.
(S)elected politicians protect banking interests while ransacking the commons — loading up the nation with more debt, selling off public access to their private bosses, and printing more interest-bearing debt money, which inflates prices, which causes more people to take on debt.
Rinse and repeat.
Working citizens are literally forced to pay for their own enslavement.
Interest is evil
Fish don’t realize they swim in the water, and most sheeple don’t realize allowing interest is like volunteering for a drip-by-drop blood-letting.
Interest is immoral for all sorts of reasons, but here are three big reasons:
First:
Interest-eaters do not create any new useable wealth for society.
But because they receive money for doing nothing, they are actually a massive net negative drain to the productive, contributive, wealth-creating economy.
Picture a bunch of workers building a wooden city.
Now picture a bunch of termites.
Want to understand why nations around the world are falling apart?
It’s because the termites are now eating faster than the builders can build.
Second:
It’s dead simple: Incentives determine all human action.
What does the allowance of interest incentivize?
Interest incentivizes indebting others.
Interest incentivizes indebting nations.
Interest incentivizes taking over nations to entrench interest forever.
Therefore, interest is inherently a social ill to be eradicated.
Nations that incentivize debt-creation create a massive moral hazard.
Third:
Interest is a civilizational destroyer.
Because interest is mathematically unsustainable.
Picture a country with 100 dollars in its economy.
But the citizens collectively owe $110 when you include interest.
There literally isn’t enough money to pay back all the interest owing.
Do you understand this mathematical reality?
This lack-of-money-to-repay-all-the-interest-owing pits humanity in a dog-eat-dog survival-of-the-fittest war for the limited money that is available, but ultimately, someone has to lose in the interest-based economic system.
A $100 economy that owes $110 has three options:
Debt jubilee the $10 owing (never gonna happen.)
Bankrupt the poor (and shame them with social stigma for it) and write off the $10 loss.
Inflate the money supply by printing ten more dollars (which inflates prices… which means more people need to borrow at interest… which makes the whole thing worse.)
To solve the man-made not-enough-money-to-cover-all-the-interest-owing problem, we should obviously just ban interest.
Because the only people who benefit from an interest-based economy are the interest profiteers… the people who create zero new useable wealth for others anyway.
Where we’re headed
The entire point of Surviving Tomorrow is to prepare you, dear reader, for what’s coming.
So here’s what you have to look forward to in the coming years under our evil interest-based economy:
More public and private debt is created by banksters. Total global debt is at $315 trillion right now; expect it to rise to $330+ next year.
More public money is spent on paying interest. Americans will be robbed of $1 trillion to pay interest this year, expect it to rise by another $100+ billion next year.
Politicians pretend they only have three choices — raise taxes, print more money, or sell off public assets. They will do all three. They’ll raise your taxes in the stealthiest ways possible, print more cash under the guise of “helping” in times of “crisis,” and sell off public assets “in these tough times that call for tough decisions.” (Don’t worry, when they retire they’ll just happen to take high-paid board seats at the companies who purchased all your commons assets on the cheap.)
This decrease in living standards and commons wealth ensures the need for more public and private debt, creating a perpetually compounding flywheel. Yay mid-stage capitalism!
This is a “spiritual” (non-economic) problem
Ironically, while interest is the root economic problem, it’s not the ultimate problem.
We could (and should) ban interest tomorrow, but it wouldn’t change hearts and minds. Most humans would still defend interest even though it’s destroying the world and their own children. They’re too hard-headed and hard-hearted to care.
The ultimate problem is human greed/sin/fallenness/imperfection/call it what you must.
We need a revival.
A renaissance of the mind and heart.
We’ve had seven renaissances so far in the West.
We desperately need an eighth.
What you can do to stop this hellish train
Change your mind.
Study and understand that interest is a disgusting sin, a revolting evil, an utter pox on civilized society. You can do the math and realize that it is economic suicide. You can read history and discover the irrefutable truth that interest is a civilizational destroyer.Opt out.
Flush your bonds. Sell your banking stocks. Divest. Rinse the blood off your hands and refuse to continue profiting from the interest system.Stop voting.*
*Stop voting for the mainstream political parties. To vote for the lesser of two evils is to vote for evil. Refuse to vote for any politician with a platform that contains evil. Vote for fearless leaders who abhor interest, no matter how low their chances of election are. To continue to vote for the mainstream parties is to prove your insanity. Don’t miss your opportunity to take a principled stand on the right side of history.Tell everyone you know to do the same.