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<blockquote data-quote="JTL" data-source="post: 756211" data-attributes="member: 49289"><p><span style="color: #ff0000"><em>A fortnight ago, Oxfam revealed that the top 1% now possesses 48% of the world’s wealth(2); by next year it will own as much as everybody else put together. On the same day, an Austrian company unveiled its design for a new superyacht. It will be built on the hull of an oil tanker, 918 feet long(3). There will be 11 decks, three helipads, theatres, concert halls and restaurants, electric cars to take the owner and his guests from one end of the ship to the other, and a four-storey ski slope.</em></span></p><p></p><p>The above from the link kind of proves there is no real economic co0llapse.</p><p>No real debt problem other than a manged and imaginary one that doesn't need austerity for those at the bottom to suufer so those at the top can have their ludicrous luxury.</p><p></p><p>Back to the creation of money.</p><p>All that money the banks were lending out is created by the bank when you ask for the loan.</p><p>The money created out of thin air is then destroyed but the interest remains./</p><p>And people wonder how these guys can afford yachts so bif they have cars and roads on them.Ever since this so called and very clever crisis the wealthiest have been coining it in faster than at any other time in history while we lose almost everything.</p></blockquote><p></p>
[QUOTE="JTL, post: 756211, member: 49289"] [COLOR=#ff0000][I]A fortnight ago, Oxfam revealed that the top 1% now possesses 48% of the world’s wealth(2); by next year it will own as much as everybody else put together. On the same day, an Austrian company unveiled its design for a new superyacht. It will be built on the hull of an oil tanker, 918 feet long(3). There will be 11 decks, three helipads, theatres, concert halls and restaurants, electric cars to take the owner and his guests from one end of the ship to the other, and a four-storey ski slope.[/I][/COLOR] The above from the link kind of proves there is no real economic co0llapse. No real debt problem other than a manged and imaginary one that doesn't need austerity for those at the bottom to suufer so those at the top can have their ludicrous luxury. Back to the creation of money. All that money the banks were lending out is created by the bank when you ask for the loan. The money created out of thin air is then destroyed but the interest remains./ And people wonder how these guys can afford yachts so bif they have cars and roads on them.Ever since this so called and very clever crisis the wealthiest have been coining it in faster than at any other time in history while we lose almost everything. [/QUOTE]
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