http://ancientbankingsecret.com/news The Truth About Banks and Finance Fri, 11 Dec 2009 15:55:38 +0000 http://backend.userland.com/rss092 en For years many commentators have been extolling the virtues of the international financial system and pointing to Dubai as evidence of how it really is successful and beneficial. Now those people have egg on their faces. Here is an interesting item about the Dubai collapse, written by James Howard Kunstler: Wickedness ... http://ancientbankingsecret.com/news/the-dubai-fiasco-and-what-it-means-for-us I have published this very long article as one page, and taken down the previous separate pages into which I had divided it. Not that I necessarily agree with all of it, but it's there for all who want to discuss or debate it. Feel free to add your comments on any ... http://ancientbankingsecret.com/news/perpetual-growth-is-impossible-now-one-page Part 3 of this six-part series is published today. It touches on some of the more sinister forces behind the usury-based economic systems of the industrialised countries. Even back in 1931 they were powerful enough for Pope Pius XI to have to skirt the issue in his famous social encyclical, ... http://ancientbankingsecret.com/news/more-on-perpetual-growth Part 2 of this six part article is published here today. In it Tom White argues that usury relies on perpetual growth - something that nature doesn't allow. All modern economies are based on usury and that will eventually lead to total disaster. Isn't that why the economies of all industrialised countries ... http://ancientbankingsecret.com/news/perpetual-growth-and-the-usury-paradigm Someone has sent me a very interesting, though long, article entitled "Perpetual Growth Is Impossible: Notes on the Usury Paradigm" by Tom White. I have divided it into six parts, placing the breaks as logically as I can, and I am publishing the first part today. It can be read ... http://ancientbankingsecret.com/news/perpetual-growth-is-impossible-new-page-published This is from someone in cyberspace called "World View", who sent it out on August 9th 2009: ============= Credit is not flowing. In fact, credit is contracting. That means things aren't getting better; they're getting worse. When credit contracts in a consumer-driven economy, bad things happen. Business investment drops, unemployment soars, earnings ... http://ancientbankingsecret.com/news/its-not-a-recession-its-a-planned-demolition Here's an interesting item sent to me by one of my contacts: Towards a Global Currency? Towards the integration of the Dollar and the Euro? by Michel Chossudovsky With a view to restoring financial stability, World leaders have called upon the Group of 20 countries (G-20) to instigate a new global currency based on ... http://ancientbankingsecret.com/news/towards-a-global-currency A real, honest credit crunch definition is long overdue, so here it is. Credit crunch: a panic-driven massive withdrawal of credit from all sections of society desperately in need of it by banks that have previously been engaged in an orgy of unsustainable, irresponsible lending of fictitious money in huge amounts ... http://ancientbankingsecret.com/news/the-real-credit-crunch-definition This video I have just been referred to is, I feel, so important, that I have embedded it here and I urge all visitors to this blog to view it. It lasts just over 10 minutes, and in places you have to read the text quite quickly before it disappears, and ... http://ancientbankingsecret.com/news/the-criminal-rothschilds Things have been strangely quiet on the economic and financial front over the last month or more. I believe this is the calm before the next storm, yet it is obvious that many people, including fund managers and other financial professional think this rally will last and last. Let's see ... http://ancientbankingsecret.com/news/bulls-rush-in There's much talk of the recession ending in another year or so, and things starting to get back to "normal". This, I'm afraid, isn't going to happen. It's always been said that when America sneezes the rest of the world catches a cold. So when the credit crunch started in the ... http://ancientbankingsecret.com/news/surveying-the-wreckage Other commitments prevent me from posting to this Blog as often as I would like. Until my next commentary, take a quick read of this item that was sent to me recently - there's more truth in it than you think. ================== GLOBAL FINANCIAL CRISIS It is August. In a small town on the South Coast ... http://ancientbankingsecret.com/news/a-short-diversion