- Points
- 56
There are a few thoughts that have been rolling around in my head. These thoughts are induced by the volumes of reading materials and multimedia content out there that documents and describes how the money and power in this world are controlled by a minority. Although these are passed over by most as creepy conspiracy theories. Coupled to this my observation of whats happening in this world in the short thirty something years of life I have experienced.
Can it be true that the few that hold the absolute power and 95% of the wealth in this world get together and plan every few years to a plan a stunt that causes the rise and fall of each economic cycle that leaves them richer while leaving the general public enslaved to a system of work and debt regardless of the number of zeros in their bank accounts.
Here I attempt to express my crude understanding of how this world may be functioning in this context. Anyone that can correct me and add to my knowledge are most welcome to share and teach me more. I see that the elite few at the top are in control of the banks. Lets start at a place where things are going well. During these times more money is borrowed by business owners. More new businesses are erected. This triggers more jobs and higher wages and salaries. Workers are doing well and take advantage of the low interest rates and borrow more for the sake of buying houses, cars, and luxuries like boats, and other expensive items and experiences.
Can it be that the powers that be get together and orchestrate a stunt where all of a sudden loan interest rates are raised. This causes businesses to struggle with cash flow causing reduction in profits. Employment rates are lowered and earning of the workers are reduced or severed. The general public struggle to keep up with loan repayments and many are forced out of their homes. And while the general public have less money to spend businesses suffer even more which becomes a cycle that spirals downwards. On top of that the super wealthy minority withdraw all their funds from investments in the form of company shares and currencies all of a sudden after a about a decade of growth. This secures their earning while truly causing a crash in global economy.
From here the few at the top are cashed up and there is a whole world of fallen business and foreclosed houses selling at bargain prices. At this point the the super wealthy spend a small portion of their secured profits and buy up everything and anything they can and rebuilt the economy in creating more jobs. And later on lowering the interest rates as the public quickly forgets the last crash and gets confident again in spending and borrowing. Just to have this cycle repeat itself when the elite few decide to repeat their crash inducing exercise to gain more money and control at the expense of the rest of us.
The observation I see is that every decade plus or minus 3-4 years there is a crash. The last one was 2007/2008 from the sub prime mortgage bubble in the states. It has nearly been 10 years since then. Can it be that a bigger crash is just around the corner.
Now this part is just my own gut feeling and opinion. And I would love to hear from those who are more experienced than I in this matter. At present I really am not fixated on buying property as I believe that well within a decade there will be a violent crash. And at that time those who have cash that is not tied down by a loan will have an opportunity to shop for assets at bargain prices.
Again....excuse the crude expression of my thoughts as I am not an economist. Any insight will be intriguing.
Can it be true that the few that hold the absolute power and 95% of the wealth in this world get together and plan every few years to a plan a stunt that causes the rise and fall of each economic cycle that leaves them richer while leaving the general public enslaved to a system of work and debt regardless of the number of zeros in their bank accounts.
Here I attempt to express my crude understanding of how this world may be functioning in this context. Anyone that can correct me and add to my knowledge are most welcome to share and teach me more. I see that the elite few at the top are in control of the banks. Lets start at a place where things are going well. During these times more money is borrowed by business owners. More new businesses are erected. This triggers more jobs and higher wages and salaries. Workers are doing well and take advantage of the low interest rates and borrow more for the sake of buying houses, cars, and luxuries like boats, and other expensive items and experiences.
Can it be that the powers that be get together and orchestrate a stunt where all of a sudden loan interest rates are raised. This causes businesses to struggle with cash flow causing reduction in profits. Employment rates are lowered and earning of the workers are reduced or severed. The general public struggle to keep up with loan repayments and many are forced out of their homes. And while the general public have less money to spend businesses suffer even more which becomes a cycle that spirals downwards. On top of that the super wealthy minority withdraw all their funds from investments in the form of company shares and currencies all of a sudden after a about a decade of growth. This secures their earning while truly causing a crash in global economy.
From here the few at the top are cashed up and there is a whole world of fallen business and foreclosed houses selling at bargain prices. At this point the the super wealthy spend a small portion of their secured profits and buy up everything and anything they can and rebuilt the economy in creating more jobs. And later on lowering the interest rates as the public quickly forgets the last crash and gets confident again in spending and borrowing. Just to have this cycle repeat itself when the elite few decide to repeat their crash inducing exercise to gain more money and control at the expense of the rest of us.
The observation I see is that every decade plus or minus 3-4 years there is a crash. The last one was 2007/2008 from the sub prime mortgage bubble in the states. It has nearly been 10 years since then. Can it be that a bigger crash is just around the corner.
Now this part is just my own gut feeling and opinion. And I would love to hear from those who are more experienced than I in this matter. At present I really am not fixated on buying property as I believe that well within a decade there will be a violent crash. And at that time those who have cash that is not tied down by a loan will have an opportunity to shop for assets at bargain prices.
Again....excuse the crude expression of my thoughts as I am not an economist. Any insight will be intriguing.
