Our plan to eliminate poverty through human attrition
The people screaming loudly about the dire economic crisis the world is in and the failures of the capitalist system are not the profiteers of fear. They are not conspiracy theorists or amateur economists. They are some of the best economic minds on the planet. They are the people at the very top of the world financial system. Yet, they are flagrantly ignored by the so-called "experts" we all see on the evening news talking about how solid the U.S. economy is and discrediting anyone who says anything different. The president of the United States declares that the "economy is strong" but everything is a mess that only he knows how to fix, while throngs of people are taken in by the carnival atmosphere of the great manipulator of the civically inept.
The mostly secretive Bank of International Settlements, or BIS, basically consists of 18 people. The BIS is the central bank of the Central Banks. In that role, their dealings are not with the public. They service the Central Banks, which means they have great influence over the entire world's financial institutions. At a recent gathering of world financial experts in Geneva, Peter Dittus, Former BIS Secretary General from 2005 to 2016, said this:
"The economy is not doing so well. ... There is investment in stock buy-backs and financial engineering, but in real investment, it's very low. We have huge debt, high asset prices, no investment in real activity and, at some point, this is going to blow up! ... International mechanisms that one can think of to deal with it - the international mechanisms are totally inadequate to deal with a major crisis and the fallout."
In his book, "The Ticking Time Bombs of the G7 Model", co-authored with Hervé Hannon, who was also a member of the BIS Board of Directors and served on the Financial Stability Forum of the BIS, the authors said this:
"People sense that something is wrong with the way political and economic elites in the G7 countries are discharging their responsibilities.
The current trajectory of economic policies in the G7 countries, we believe, is leading to a systemic crisis that will call into question many of the beliefs that the capitalist system is built on.
No one can know when this tectonic shift will occur, nor what will emerge from it.
We believe it will be a major turning point.
The trigger for this revolution will be a loss of confidence in the Alice in Wonderland world, where, suddenly, people will realize the accumulated debt in G7 countries cannot be serviced and that asset values were artificially boosted by monetary policies that cannot continue."
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