By: Stewart Brennan
World
United News
When
the World Health Organization declared a Global Pandemic on March 11, 2020 due
to the Corona Virus, it came at a time when an economic war between the USA and
China was well underway. The economic war in itself poses a great threat to
everyone but the addition of a global pandemic has thrown the world into a
perfect storm of economic collapse.
The
outlook for the immediate future looks very bleak as business shrinks, supply
lines thin, oil prices drop and businesses close. The economic war between
China and the USA now looks set to enter a disaster phase as the two face down what comes in the aftermath of CORVID-19.
Face
to Face
China’s
economic position looks very strong compared to the American / European Economic
position simply because China is now the Industrial heart of the World. Both
systems are vastly different but strangely they both have mutual partners of
influence guiding them. (Rothschild Banking)
The
Chinese banking model resembles what we Canadians once had between 1935 to 1974
when Canada’s economy experienced exponential growth. During that time, the
Central Bank of Canada issued interest free debt to the Canadian Government in
trust for the Canadian people.
In
1935, the Bank of Canada “was” created and used as a National Public central
bank to pull the country out of the economic depression that had ravaged the country. Under the Bank of Canada, money was issued to the Canadian
government for its budget, and came without interest bearing debt and thus was spent
into existence for the goods and services the country needed. The Money was not
borrowed from private banks, the money was created by the Canadian government
for the purpose of putting people back to work and rebuilding the economy at a
time when the world was experiencing extreme poverty.
During
the time that the Bank of Canada issued debt free money, Canada grew to become a strong economically
sound nation that carried very little debt. The country experienced exponential
growth in its economy with a high standard of living. Jobs were plenty, housing
was affordable for everyone and many social programs emerged to support its
citizens such as universal health care, family allowance and old age pensions. The
Canadian dollar was also very strong and at one point was worth more than the
American dollar. If money was needed for disasters or research, the
government simply allocated money towards it.
However,
the Bank of Canada’s roll in the Canadian economy changed in 1974 when the IMF
forced the Canadian Government to borrow its money from the private banks. The
result of which sent Canada into an immediate exponential debt spiral.
The
Bank of Canada Gave Interest Free Loans between 1935 - 1974
Video
Source: World United News
As
Canada (the second largest country in the world) slides into third world
economic status today due to private banks owning their debt, China (the fourth
largest country in the world) has an economy that continues to grow
exponentially without debt.
China
China
has a similar type of Banking System in place that Canada once had, in that funds
are made available without having to borrow money from a private bank. In other
words, China has its own government controlled Central Bank that issues debt
free budget money to its government for the goods and services it needs. As a
result, China has become the number one economy in the world and did so in a
very short period of time. When a disaster happens such as Corona Virus, the
Chinese government is able to pull out all the stops and tackle the problem
head on.
While
it is easy to see the results of what a National Public central bank can
accomplish, it is also easy to see how private banks can destroy nations such
as Canada.
As
Canada grew into a strong economically independent nation, it was forced by a
cartel of private banks into giving away its economic sovereignty. The result
has pushed Canada into an exponential economic downward spiral while the
private banks get fat on the constant stream of money it syphons away from the
country while also leading the privatization of all its resources. Canada, the second
largest nation in the world, with vast amounts of resources is heading
for 3rd world status.
As
Canada falls, China rises. However, China also has partners within the same western
cartel of private banks who ensured China’s rise when they brought most of the
western industrial capacity to China’s shores while also opening western
markets to the cheaper made Chinese products.
The
difference is that China continues to maintain its national public central bank
to power its ever-growing economy and does so without putting its country into debt to the private banks.
So,
the question is, what was the deal that China made with the western private
banking cartel to allow China to rise as the top Industrial country in the
World? Surely there is a price to pay as I cannot see the western economic
cartel just giving up their empire to China without some sort of major deal in
the backroom.
Is
China supposed to turn over its economic independence to the private western
banking cartel as Canada did?
A
Global Economic War
The
economic war which has raged between China and the USA has come to a dangerous
crossroads as the corona virus now takes its toll on global markets.
As
such, which country do you think is in a better position to survive a Global
Pandemic or economic war? The nation that borrows its money with compound interest
or the nation that creates its own money without debt?
The
World's 20 Largest Banks
In
hindsight, the Chinese government has the ability to respond quickly to an
epidemic in its nation without an economic burden to its people where as the US
government must go through a great deal of political bargaining, red tape and a
costly ineffective program that is planned inefficiently or is ineffective while
placing the economic burden squarely on the American tax payers, and this while
not everyone has access to US healthcare.
It’s
quite easy to see that China comes out on top.
What
Comes Out of the Global Economic Ashes
The
private economic banking cartel is looking to create a single digital global
currency or cashless society together with 5G technology. Coincidentally, China
fits this mold almost as if it was the plan all along. China is now the
Industrial center of the world thanks to western corporations as China leads
the invasive 5G technology while also chairing a new banking system through
BRICS. In the event that there is a merger of the Global Banking Cartel with
China, it would usher in a global totalitarian economic system. The thought of
that makes me shutter, but it seems like this is the way they are going to do
it. After all, the current banking system under a US reserve Petro dollar is
completely bankrupt whereas the Chinese state has little to no debt. (This also looks planned)
Coincidental
(Flu) Pandemic?
The
current Corona Virus Pandemic could just well be the psy op or black swan that
takes down the current bankrupt global economy. Every western government is
voluntarily taking part in the process of shutting down all economic avenues
with the exception of Food, Public Transportation and Pharmaceutical
businesses. This is how you euthanize a dead man walking economy…as most people
must certainly realize that the end of the US Petro dollar and their consumer
debt-based economy has long been underway.
It
is also convenient to scapegoat the blame of economic disaster by pointing
fingers at a Pandemic rather than the real reasons for bankruptcy. The Bankers
and politicians that supported them in each nation get to cover their tracks
and hide their crimes, if this is the case.
Conclusion:
The majority of people have fallen hook, line
and sinker into this global shift as they follow the crowd over the cliff like
lemmings clutching their cell phones for the latest news by the establishment.
The
only winners of an economic crash of course are the Private Banking
shareholders and their partners who will have their hands out at margin call
when the markets finally do crash. In the end, the banks get it all including a
bailout if needed by its own private central bank.
It’s
not too late for Canadians to regain their economic independence, nor is it too
late for any other country for that matter. But after seeing the global toilet
paper panic unfold online, I have to wonder. Still, for those awake and in the
economic know, that want to effect change in their own countries, its going to
be a tough fight because whatever emerges from this economic disaster will not
give you your natural rights or freedom and independence. You will have to take
it from them.
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The
US Debt in Perspective (Jan 2020)
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Today as of 7/10/2021 do you still feel the same as you did when you posted this? What are your thoughts with the world debt/financial collapse at this point?
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