Posts

Showing posts with the label Economy

Warfare and Financial History (Video)

Image
by  N.Morgan   Warfare, with its appalling humanitarian consequences and vast economic costs, has stimulated financial innovations from the spread of coinage to the creation of the national debt. Conversely, economic weakness and the inability to properly utilize financial resources have been causes of military defeats. The relationship between economics and warfare is one of the themes treated in some detail in a 700-page book on the  history of money . For the historical context of the conflicts listed below see also the annotated  chronology  which includes references to the page numbers of the book. The source of the information is: Davies, Glyn. A  history of money  from ancient times to the present day, 3rd ed. Cardiff: University of Wales Press, 2002. 720 pages.  Paperback: ISBN 0 7083 1717 0. Hardback: ISBN 0 7083 1773 1. During the Second World War  Glyn Davies  served in the British 8th Army in North Africa, Sicily and Italy, a...

Who Is Holding the World Economy Hostage With a Lie??A Must Watch! Share Everywhere Now (VIdeos)

Image
by  N.Morgan “Most people prefer to believe their leaders are just and fair even in the face of evidence to the contrary, because once a citizen acknowledges that the government under which they live is lying and corrupt, the citizen has to choose what he or she will do about it. To take action in the face of a corrupt government entails risks of harm to life and loved ones. To choose to do nothing is to surrender one’s self-image of standing for principles. Most people do not have the courage to face that choice. Hence, most propaganda is not designed to fool the critical thinker but only to give moral cowards an excuse not to think at all.” — Michael Rivero UPDATED:  APRIL 23 2020 The Next News Network interviews Dr. Rashid A. Buttar about the implications of what is in store for humanity if the current narrative bares fruit. We the people are who MUST STOP THE MADNESS! All the news about this plandemic one voice stands apart from the rest. His name is Dr. Rashid A. Buttar. ...

World Governments Have Crippled Economy: Revolution May Soon Follow (Video)

Image
by  N.Morgan The world seems to be imploding and revolt may be on the horizon. A couple of months ago, the economic upswing was still firmly established, production expanded, and unemployment was declining. It all changed with the advent of the coronavirus or, to be precise: things turned really sour with the politically dictated lockdowns. As a reaction to the spread of the virus, governments in many countries ordered shops and firms to shut down and people to stay home. The inevitable result was close to a complete breakdown of the economic system. Hundreds of millions of people were thrown into outright despair; in India alone 120 million workers lost their jobs in April 2020. The economic collapse sent the unbacked paper money system into a tailspin. Borrowers were unable to service their debt, and banks unwilling to roll over maturing loans, let alone extend new funds to struggling debtors. The entire credit pyramid was about to come crashing down. To prevent this from happeni...