I heard on the news a short while ago that UK debt had just passed the £1.5 trillion mark for the first time and it got me to thinking about the last decade or so of austerity and what the point of it all was if the nation’s debts just kept on growing anyway.

Of course this is all an inevitable consequence of our debt-based monetary system, an account and explanation of which you can find in the Money section of this blog. All the blah blah blah about paying down the national debt and balancing the budget is all just a bunch of platitudinous bullshit – it simply can’t be done because there is NEVER enough money in circulation to cover all of the liabilities that exist.

I came across some very interesting graphical representations of this and I would like to share them with you. They are a little complicated in some ways, especially if you have no understanding of economics terminologies, but in simple terms, the red bit is total debts in the economy and the green is the total amount of money in circulation to cover them.

The teency weency bits in orange is the amount of actual printed currency in circulation. Well over 95% of all “money” exists only as digital fantasy…….

For full explanations of these and other graphs, as well as the excellent “Politicians Guide to Money System Collapse” by Andrew Chalkley, follow this link:

http://www.occupyschoolofmoney.com/MoreDebtThanMoney/OEBPS/content/Introduction.html

As you can see, wherever you look in the world, the story is essentially the same. EVERYONE IS BANKRUPT!!!!

Mr. Chalkley makes the point in his article that Governments, as the authorised issuers of money, should NEVER be in debt for its own money. Yet with very few exceptions, all of them are.

Except for China, who don’t have commercial banks, just State banks. Therefore Government debt is owed to and by the Government and can thus simply be ignored, written off and forgotten about.

This is a long-running trend, entirely independent of the state of economies. It is, as I said, inevitable. And it is accelerating. Take a look at this simple bar chart of the difference between total liabilities (red bars) and the money available to cover them (dark green bars) between 1962-2012:

How does almost nobody see, recognise or talk about this stuff? Ask yourself why this is. Who sets the media’s agenda? Who decides what is and is not important/true/worthwhile? The very same people who run the banks and corporations that create the havoc, destruction and lies in the first place.

It is very much like climate change – deny it, pretend it isn’t real, stick your head in the sand and hope it goes away….

But the ponzi scheme that our system of money is will end. In my opinion, we are nearing breaking point now, but whether it is now or later, end it most certainly must, and the longer it goes on before it does the more spectacularly disastrous will be the collapse when it does come.

As always, pass it on, spread the word. The more people who see these lies for what they are, the sooner it all ends