In November 2009, I forecasted that at the earliest, by the first quarter and the latest by the second quarter of 2010, the global economy would unravel.

Since second quarter 2009 and more so in the first quarter of 2010, international mass media, the IMF and the World Bank, all sang the chorus that the global economy is on the road to recovery and the worst is behind us.

I told my loyal friends of my website that this is a con and not to be taken in by the hype, notwithstanding that the Dow “recovered” from the March lows of 2009 and shot above the 10,000 mark. All major markets were manipulated to give the illusion of recovery. The gullible took it all - hook, line and sinker.

But let me share some common sense logic.

When the so-called economists and financial analysts were trumpeting that there was a global recovery, have you consider in real terms what that means?

If there is a recovery, common sense tells us companies and countries must be making money i.e. firms are making profits and countries’ exports exceed imports (having surpluses).

And more importantly, if the so-called recovery and growth was a sustainable recovery cum growth, subsequent policies ought to reflect that optimism.

In essence, theory must jive with practice and or reality.

But, what did we observe? What were the global central banks doing?

1.    These corrupt robbers, sycophants of the Shadow Money-lenders kept interest rates low (in the case of the FED, at zero rates).  I will explain later how sinister is this specific policy and what it means to the common folks.

2.    These corrupt robbers continue their policy of “Quantitative Easing” i.e. creating money out of thin air to maintain the debt / slavery cycle.

3.    These corrupt robbers, knowing that the crisis has not abated and fearing the worst, began an intense currency warfare i.e. Dollar v Euro, Dollar v Yuan, Dollar v Yen and so forth. In the result, there was competitive devaluation of currencies.

What was the reality on the ground?

1.    There were weak corporate profits, if any were declared.

2.    Unemployment numbers continue to climb.

3.    Foreclosures continue to climb and are getting worse with each passing day.

4.    Taxes are set to increase.

5.    Severe cut backs on the entire spectrum of public expenditure by the major economies.

6.    Renewed calls for another massive stimulus.

7.    G-20 has to be convened in another attempt to sort out the bloody mess.

This is the harsh reality of the G-20 Summit.

The outcome is another charade, no different from the previous summit. It is abundantly clear that each summit participant has signalled that self-interest comes first and no one and no one can be in any position to help another given the out of control sovereign debts that have swarmed the developed economies.

There are now two competing schools of thought as to how best to address this financial cancer that has spread to every major organ of the global financial body, namely:

(1) Continue with the massive stimulus and more borrowings at all levels, and

(2) Adopt severe austerity measures to reduce deficits and borrowings.

The solution put forward is not unlike tossing a coin – either head or tail, but these so-called economists and experts forget that they are both sides of the same coin. Whatever may be the preferred solution, the end result will be a vicious cycle of delayed boom and bust, but this time more severe than the bust of 2008. This is a given.

Why is this so?

Let us just examine one critical factor of the global economy, specifically the issue of interest rates.

It is a wonder why until now there has been no violent revolution and or social unrest throughout the developed world. And the people of the developed world are deemed to be educated and sophisticated “investors” with access to modern technology and savvy financial newspapers.

As far as I am concerned, they are a bunch of idiots and zombies and deserve every financial clobbering at the hands of the central bank robbers, the fat cats of Wall Street etc. and their paid lackeys, the politicians.

Should not Joe six-packs be angry that:

1.    Too Big to Fail Banks can borrow billions at zero rate interest and then lend them out, reaping huge profits. And the stupid president in that stupid place with a nice looking house says that these bankers are real smart people to be able to make so much money. They need to be paid huge bonuses as otherwise, we will lose their expertise!

A#*holes – why can’t anyone see that no interest payable means no costs of borrowing the billions from the central bank (FED etc). It is a no brainer to see how these banks can make so much money. If you have no costs, everything else is super profits. And that is why these corrupt banks have all declared record profits, more profits that they have ever earned before 2008. This is because before 2008, these banks had to pay interest to the FED or to banks in the inter-bank market.

These financial scumbags are the only economic / financial entities in the world that need not pay interests on their borrowings.

But a#*holes have to continue paying mortgage payments for a house that is not even worth 50% of its mortgage value.

So why have you not taken out your shot-gun and hunt these scumbags at the FED, other central banks, the fat cats of Wall Street and the politicians?

2.    The rest of the world must incur a huge burden of financial cost in the form and shape of interest to start any worthwhile business. And the margins are so bloody small, that it is a wonder that profits can be made at all in some cases.

3.    Hardworking Joe is lured into the global casino with the illusion that he can make more money there than sweating in honest labour in a shop, factory or whatever. The mantra, “invest for the long run” is drummed into Joe’s head and he is brainwashed. He needs to leverage to make the big bucks, the big score. Suckers!

4.     When these financial scumbags get this kind of handouts, what do the smart guys at the FED and the politicians called it?

I call it handouts, under the table money, SUBSIDY! And the amount is in the Trillions.

Wake up a#*holes!

5.    Now there is a clamour for an austerity drive. The corrupt governments the world over demand that spending for social security, social services, pensions, public housing, medical care etc. must be cut drastically; subsidies must be slashed as there is not enough in the national coffers to pay for these gigantic expenditures. Baloney!

The ordinary Joes must bear the burden, but the fat cats can continue to enjoy the biggest subsidy ever paid in history to an economic class that comprises less than two (2) percent of the global population.

6.    “The government is broke”, the paid scribes never cease to proclaim. But they can afford to lavish trillions worth of subsidies to the fat cats of Wall Street and the Too Big to Fail Global Banks and the Shadow Money-lenders. They create money out of thin air and lend at zero interest rates to them. But for you, the government says that they have to borrow to finance social security, medical care etc. and since they have no money, they have to raise taxes.  Why can’t the government create money out of thin air and lend you at zero interest rate just as they are doing for the fat cats?

How stupid can anyone get?    

So why have you a#@holes not taken out your shot-gun and hunt them down?


I need not go further to explain whether the so-called economists and experts are right in adopting one or the other solutions referred to in the preceding paragraphs.

The answer is staring at your face.

Do something about it. Stop whining and moaning!

Organise and stop this global robbery, the largest ever transfer of wealth from the many to the minute few in history.

Let me assure you that if all the global Too Big to Fail banks were to collapse and go into bankruptcy, the world’s economy would not collapse.

To avert such a collapse, all the people need to do is to take absolute control of their respective Central Banks away from the hands of the so-called “independent board of directors / governors” and transform the way central banks are managed. It is a lie, a big fat lie that markets control interest rates (and for that matter the value of a nation’s currency). It is the global central banks in connivance with the Shadow Money-lenders, hedge funds etc. that control rates through pre-arranged parameters. It is and always has been an insider’s game.

Until this is done, all talk of financial reforms is just that – cheap talk. Control of the central banks is the crux of the matter.

Did not the Founder of the Rothschild financial empire said that whosoever controls the power to create money have the ultimate power to control all and sundry?

So who should have the ultimate power to control the creation of money, you the common people or the carefully selected financial elites, the fat cats etc.?    

If you continue to trust the so-called economists and experts and the glossy financial newspapers, the mouth-piece of the financial oligarchy, you deserve what is coming to you and your family.

I make no apologies for this very blunt assessment and call to action.

If you cannot survive the next round of financial slaughter, you can kiss goodbye to your children and their children.

This is your choice. 

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