Posts Tagged ‘banks’

Money as Debt - Episode 3
Monday, December 22nd, 2008

Money as debt here it is, the third instalment.

I found this episode to be rather negative and not giving any grounds for creating money any other way than through debt. But it is still very educational and gives a good understanding of our money system and asks some provocative questions.

In this video you will learn –

1. What would happen to our economy if all debt was paid off?
2.How it is that the people who create the real wealth in the world are in debt to the bankers.
3. Where we get the money to pay of the interest that is created by our loan?

Watch this video closely and you will see that our current government are making headlines by doing some of these things.

Are we really headed for a meltdown, can the government spent and borrow its way out? Should we be scared, worried or see it as and opportunity?

It’s our choice.

Lyndon

Filed under: Cool Videos — Tags: , , , , — Lyndon Phipps @ 7:42 am