Global Systemic Crisis--September 2008
Mar 31, 2008
Here is a professional organization from the France (I think) that is providing an analysis of the current economic crisis. They say:
"LEAP/E2020 wishes to remind that we are now resolutely stepping into an era with no historical precedent. Our researchers insisted on that many times in the last two years: any comparison with the previous crises of our modern economy would be fallacious. It is neither a “remake” of the 1929 crisis nor a repetition of the 1970s oil crises or 1987 stock market crisis. It is truly a global systemic crisis, that is to say a crisis affecting the entire planet and questioning the very foundations of the international system upon which the world was organised in the last decades."
I, too, question the foundations of the international system. It is not founded on biblical law, but upon debt-usury, which is outlawed in the divine law. For centuries, usury was considered to be a sin. Today it is part of normal life, and no one thinks there is anything wrong with it. That is, until the whole system collapses and people lose their money. We will feel the consequences of violating the divine law, whether we believe that usury is a sin or not.
It is becoming more and more apparent why a year ago the government ceased to publish the money supply figures (M3). I think at the same time Alan Greenspan decided it would be a good time to retire and let someone else take the heat for the economic collapse, though he himself set the cheap money policies that would bring us into this crisis.