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World leaders are planning new lock downs to introduce “The World Debt Reset Program” which includes universal basic income and vaccination requirements

Image: World leaders are planning new lock downs to introduce “The World Debt Reset Program” which includes universal basic income and vaccination requirements

(Natural News) World leaders are preparing for a second and third wave of covid-19 cases and are fine-tuning their lock down strategies which will be implemented late in 2020 and into 2021. Their planning involves the development of a new world economy, one that introduces medical fascism as a permanent way of life.

A Canadian whistle blower came forward with the plans. The whistle-blower is on the Liberal Party of Canada’s Strategic Planning Committee, which operates under the direction of Canada’s Office of the Prime Minister (PMO).

The historic lock downs have engineered mass poverty and will continue to weaken people’s financial and food security, making them more vulnerable and eventually making them more desperate to accept the new world economy and its bodily requirements.

New world economy includes universal basic income and vaccination requirements

The new world economy includes the introduction of a digital currency, a universal basic income, vaccine requirements for travel, and “The World Debt Reset Program.” A continuous cycle of lock downs into 2021 will eventually lead to an international economic collapse. Governments worldwide will offer citizens an alluring way out by promising to eliminate all personal debts (mortgages, loans, credit cards, etc.)

In the U.S. this idea has already been implemented in 2020 through the Paycheck Protection Program (PPP) – a guaranteed loan program that forgives the debt if the borrower follows specific instructions. Under an impending economic collapse, any and all loans will be forgiven if the citizen agrees to participate in the “World Debt Reset Program, funded by the International Monetary Fund (IMF). In order to get all debts forgiven, citizens will have to forfeit ownership of any and all private property, accept a universal basic income, and enroll in the covid-19 and covid-21 vaccination schedule.

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Social Security fund to go into the red in 2020; will be completely bankrupt by 2035… governments will desperately find a way to kill off populations around the world

Social Security fund to go into the red in 2020; will be completely bankrupt by 2035… governments will desperately find a way to kill off populations around the world

Image: Social Security fund to go into the red in 2020; will be completely bankrupt by 2035… governments will desperately find a way to kill off populations around the world

(Natural News) According to the 2019 annual report published by the Social Security and Medicare Board of Trustees, the Social Security fund will go in the red in 2020 and could potentially go bankrupt by 2035. If nothing is done to boost revenue or re-configure how the money will be distributed, then countless retirees, disabled persons, widows, and surviving children will be left with little to no funds to help them navigate through the most uncertain times in life.

The sad part about this shortage is that Social Security is not welfare; this trust fund is not dependent on tax money. Workers pay into the Social Security system during their working years. The system acts as an insurance once a person retires. The benefits are also paid out to disabled persons, widows, and dependents of deceased parents.

Due to the projected shortages, the U.S. government has a perfect opportunity to begin culling the population over the next three decades, restricting what is paid out through the Social Security safety net. As school textbooks teach children about the problem of “overpopulation,” the government obviously views humanity as a liability.

Social Security may not survive long past its 100th birthday

The Social Security program has been in place for 84 years and has collected approximately $21.9 trillion. In that time, the program has paid out roughly $19 trillion. The program currently has a reserve of about $2.9 trillion, which is divided among two trust funds. In 2020, the amount being paid out will supersede the amount coming in, forcing the program to dig into its reserves. With the trend continuing over the next decade, social security reserves will be dried up by 2035, drastically impacting vulnerable subsets of the population.

 …click on the above link to read the rest of the article…

How our energy problem leads to a debt collapse problem

How our energy problem leads to a debt collapse problem

Usually, we don’t stop to think about how the whole economy works together. A major reason is that we have been lacking data to see long-term relationships. In this post, I show some longer-term time series relating to energy growth, GDP growth, and debt growth–going back to 1820 in some cases–that help us understand our situation better.

When I look at these long-term time series, I come to the conclusion that what we are doing now is building debt to unsustainably high levels, thanks to today’s high cost of producing energy products. I doubt that this can be turned around. To do so would require immediate production of huge quantities of incredibly cheap energy products–that is oil at less than $20 per barrel in 2014$, and other energy products with comparably cheap cost structures.

Our goal would need to be to get back to the energy cost levels that we had, prior to the run-up in costs in the 1970s. Growth in energy use would probably need to rise back to pre-1975 levels as well. Of course, such a low-price, high-growth scenario isn’t really sustainable in a finite world either. It would have adverse follow-on effects, too, including climate change.

In this post, I explain my thinking that leads to this conclusion. Some back-up information is provided in the Appendix as well.

Insight 1. Economic growth tends to take place when a civilization can make goods and services more cheaply–that is, with less human labor, and often with less resources of other kinds as well.

When an economy learns how to make goods more cheaply, the group of people in that economy can make more goods and services in total because, on average, each worker can make more goods and services in his available work-time. We might say that members of that economy are becoming more productive. This additional productivity can be distributed among workers, supervisors, governments, and businesses, allowing what we think of as economic growth.

 

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