{"id":26879,"date":"2017-10-16T07:03:10","date_gmt":"2017-10-16T12:03:10","guid":{"rendered":"http:\/\/olduvai.ca\/?p=26879"},"modified":"2017-10-16T07:03:10","modified_gmt":"2017-10-16T12:03:10","slug":"how-the-elite-dominate-the-world-part-1-debt-as-a-tool-of-enslavement","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=26879","title":{"rendered":"How The Elite Dominate The World \u2013 Part 1: Debt As A Tool Of Enslavement"},"content":{"rendered":"
\n

How The Elite Dominate The World \u2013 Part 1: Debt As A Tool Of Enslavement<\/span><\/a><\/h3>\n<\/div>\n
\n

\"\"<\/a>Throughout human history, those in the ruling class have found various ways to force those under them to work for their economic benefit.\u00a0 But in our day and age, we are willingly enslaving ourselves.\u00a0 The borrower is the servant of the lender, and there has never been more debt in our world than there is right now.\u00a0 According to the Institute of International Finance, global debt has hit the 217 trillion dollar mark<\/a>, although other estimates would put this number far higher.\u00a0 Of course everyone knows that our planet is drowning in debt, but most people never stop to consider who owns all of this debt.\u00a0 This unprecedented debt bubble represents that greatest transfer of wealth in human history, and those that are being enriched are the extremely wealthy elitists at the very, very top of the food chain.<\/p>\n

Did you know that 8 men<\/a> now have as much wealth as the poorest 3.6 billion people living on the planet combined?<\/strong><\/p>\n

Every year, the gap between the planet\u2019s ultra-wealthy and the poor just becomes greater and greater.\u00a0 This is something that I have written about frequently, and the \u201cfinancialization\u201d of the global economy is playing a major role in this trend.<\/p>\n

The entire global financial system is based on debt, and this debt-based system endlessly funnels the wealth of the world to the very, very top of the pyramid.<\/p>\n

It has been said that Albert Einstein once made the following statement<\/a>\u2026<\/p>\n

\u201cCompound interest is the eighth wonder of the world. He who understands it, earns it \u2026 he who doesn\u2019t \u2026 pays it.\u201d<\/em><\/p><\/blockquote>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

How The Elite Dominate The World \u2013 Part 1: Debt As A Tool Of Enslavement Throughout human history, those in the ruling class have found various ways to force those under them to work for their economic benefit.\u00a0 But in our day and age, we are willingly enslaving ourselves.\u00a0 The borrower is the servant of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[12623,16509,3891,16510,16511,175,12900,10067,5627,195,7346,1222,16512,6546,14713,1782,12588,15300,3461,15303,14928,6069,2384,15306,6061,16513,317,15308,341,16514,364,7349,16515,16516,14393,2541,488,16517,4901,6231,536,8818,549,16518,11187,16519,15511,16520,16521,3900,16522,11188,16523,14726,16524,15515],"class_list":["post-26879","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-auto-loan","tag-auto-loan-bubble","tag-auto-loans","tag-consumer-auto-loan","tag-consumer-auto-loan-bubble","tag-credit","tag-credit-card","tag-credit-card-debt","tag-credit-cards","tag-debt","tag-debt-bomb","tag-debt-bondage","tag-debt-slave","tag-debt-slavery","tag-debt-slaves","tag-debt-spiral","tag-debt-based-financial-system","tag-debt-free","tag-debts","tag-depressions","tag-drowning-in-debt","tag-economic-collapse-blog","tag-elite","tag-endless-debt","tag-financial","tag-financial-lives","tag-financial-system","tag-forever","tag-future","tag-getting-a-mortgage","tag-global-debt","tag-global-debt-bomb","tag-graduates","tag-have-debt","tag-in-debt","tag-loan","tag-loans","tag-make-payments","tag-michael-snyder","tag-michael-t-snyder","tag-money","tag-mortgage","tag-national-debt","tag-pay-off-credit-card-debt","tag-pay-off-debt","tag-paying-off-credit-card-debt","tag-paying-off-debt","tag-payments","tag-student-loan","tag-student-loan-debt","tag-the-danger-of-credit-cards","tag-the-debt","tag-too-much-credit-card-debt","tag-u-s-national-debt","tag-without-debt","tag-world-debt"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/26879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26879"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/26879\/revisions"}],"predecessor-version":[{"id":26880,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/26879\/revisions\/26880"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}