There is no way that America can repay its debts. I repeat, there is no way that America can repay even a small part of the debt. That is the entire strategy of the globalists to financially enslave the world. First, they create a debt mentality where it is acceptable to get what you need (ie want), by acquiring massive debt.
Then the banksters enslave nations with things like credit swap derivatives debt to the tune of $1.5 quadrillion dollars which is 16 times the entire GDP of the planet. Following this, the people bail out the losers of the latest Ponzi scheme. However, as the pensions fail, there will be no bailout because we are not worth a billion dollars. Millions of elderly will suffer because their pensions will soon be gone and this is all by design and the “rescue programs” will be managed by globalist firms. There is a strategy that has been around for some time, but it is only now gaining recognition. It is called predictive poverty. This is the topic of this article and the accompanying video.
There is a new terms that is going to gain traction among the aware and the awake and that term is “predictive poverty”.
Predictive poverty refers to the practice of calcuating the relationship between wages vs. the cost of goods and services needed to meet the cost. When that correlation has been established, predictive poverty then refers to the practice of charging as much as one possibly can, while still being able to sell the product while keeping the masses on the edge of poverty. In old western mining towns, the term “company town” describes the process where the mining company owns all the housing, the one grocery store, the one general store and every other entity. People in mining towns live hand to mouth and it is by design. Most people don’t realize that they too, live hand to mouth as everything is manipulated. If the people desire anything beyond basic survival tools (eg food), they must go into debt. The entire economy is debt-based and is designed to foster consumer dependence as opposed to economic independence.
If You Pay Your Bills You Will Be Denied Credit
My wife and I were once denied credit because we had no debt. Sure, we had credit cards, but our end-of-the-month-balance was zero. We paid cash for our cars and routinely drive our cars between 250-300,000 miles+. If we cannot pay cash for something, we don’t normally buy it. Yet, we manage to live in a nice home and wear nice clothes.
The credit card companies did not appreciate our approach to being frugal and we tested our credit, with no real intent to buy, we were denied because they said we “had not established credit worthiness”.
Debt equals enslavement and if your not living on the globalist plantation, the system is geared towards making your life difficult.
How the Economy Is Stuctured
Have you ever wondered who decided and why how much to charge for a house? Why is it a 30 year mortgage? What determines the interest rate? It is interesting that most people pay 35-40 percent of their income towards their home mortgage. This commonality is by design and the price keeps one from ever getting ahead because the system is managed to that end.
Example of Predictive Poverty
You purchase a home for $300,000. The amount you are borrowing from your lender is $250,000. You lock into an interest rate of 5%. In most loans, for the first 7 years, you are only paying interest.
Over the course of your mortgage, you will pay more than double your loan amount. For bankers, this is a really good racket if you can get it!
Loan Amount: $250,000 @ 5%
Total Payments $508,682
Total Interest $258,682 The interest paid is more than the loan amount.
This is a 30 year debt which gets you near retirement age before you pay off your home. However, you never really own your home because even when the mortgage is paid off, you are still paying ever-increasing poverty taxes on your home. Property taxes is one of the foundational principles of communism as it keeps you from really owning your home. The government is your partner in every major item you own. And since government serves special interest, you are contributing to the rise of globalism and the New World Order when you purchase a home. Private ownership of property is an illusion in today’s America. This is another example of predictive poverty.
The New Economy
Car loans are cut out of the same mold, they are just on a proportonately lower scale than home mortgages. However, new car loans can extend as long as 7 years which is far beyond what most people will ever drive a car. It makes no sense to go into debt for a depreciating asset, but that is exactly what most brain-washed Americans do as they reside on the debt plantation.
These practices are as bad as any mafia protection racket, but this is not new. However, most people are still ignorant as to how the system works.
I sat down with a former economist from Goldman Sachs and recently discussed these concepts. He is retired and refuses to go on the record, but he informed me that major changes are coming to the economy and it is being driven by AI and planned obsolescence of most existing jobs.
Nearly every job is replaceable under the new economy and the process is underway. I asked the obvious question, what will be done with people who are not employable and when the number of workers greatly outnumbers the total number of jobs? His answer is why he will not go on the record. He told me, that reducing the population by 90% is the answer. The following was openly discussed in meetings that he attended.
Before I present a summary of what my Goldman Sachs friend has told me, let me remind you of recent current events. Recently, Goldman Sachs stated that with regard to medical technology, there “is no money in the cure”. I could scarcely believe that Goldman had the intestinal fortitude to make such a statement and this served as the impetus for this discussion with my friend.
He told me that they look at various world events and postulate wha the death curve will be from such a event. Then they plot financial strategies to benefit from the emerging numbers. The practice is similar to what an actuary does with life insurance when they set rates based on lifestyle (eg being a smoker). However, the projections based on current events is established on gross averages.
The Gulf Oil Crisis Case In Point
My Goldman friend first approached after I had written about life-expectancy effects resulting from the Gulf oil explosion and the subsequent use of Corexit, a toxic treatment protocol for the leaing oil. He said I was writing what the Goldman were discussing in their meetings. The projections took three forms, according to my friend.
1. The immediate poisoning of the immune systems which will result from the bombardment of cancer causing chemicals resulting from the oil leak (eg benzines). My friend told me that the projections for an explosion of cancer rates and deaths by compromised immune systems would skyrocket between the 15th and 20th year (ie 2025-2030). This has led many Goldman susbsidiaries and business partners, from which there is a heavy concentration of purchasing stock, in the area of cancer treatment which will explode in the near future. Remember, Goldman said there is no profit in the cure. He also told me that he was attracted to my work because I picked up on the long-term health effects of the Gulf event when I quoted people like Dr. Wilma Subra as she stated “the toxicity is in the air, the water, our food and it is in us. I am finding benzine level 65 times expected in the people that I examine”.
2. The second area that Goldman Sachs attempted to exploit was the impact of the oil spill on the Gulf Stream which has slowed to a crawl and is giving Europe extremely cold weather on a record setting pace. I was told that investment strategies are guided by investment in Russian heating oil and that this will be used as a destablizing effect on EU economies and causenations like Germany to be more friendly to Russia. This will lead to the rise of Russian millitary power due to the increase in oil profits and a for-profit-arms race will result. I had this information from my source and printed this back in 2013 and it has come to fruition. Goldman’s strategy in all of these economic arenas were guided by this event.
What Does It Mean?
The Gulf oil spill taught me that nations, like people are kept on the edge of poverty, choking in debt, as they fight for survival. These created crises can be used to increase the bottom line of various financial institutions like Goldman Sachs. This is classic problem-reaction-solution of the Hegalian Dialectic.
My source told me that he sat through a half dozen meetings on world events where death curves, economic trends and future opportunities were projected for profit.
There is a modern application that we all need to be worried about. AI will replace most jobs in the near future. Since the globalists are guided by Fabian Socialism which espouses the belief that if one does not contribute more than they contribute, they should be eliminated. The slow kill methods identified by the Independent Media (IM) such as vaccines, Fukushima radiation, etc., can be used for population reduction if the related factors can be exacerbated. Please note that Bill Gates recently said some unknown pandemic could wipe out “30 million” without warning and that Gates was developing a universal vaccine. Both strategies are slow kill strategies. And monolithic corporations like Goldman Sachs stand at the ready to profit from our demise.
In the short-term, I am told that cancer rates, especially brain cancer rates, will explode with the introduction of 5G wireless. This is, in part, the mechanism to help the depopulation reductions needed to “take care of” unemployed workers on a mass scale. 5G is a death trap and this will be the topic of a future article. It is safe to say that predictive poverty not only keeps most on the edge of starvation and death, it now controls health and healthcare as the globalist profit from conditions that they help to create. Yes, I am saying Fukushima was a false flag and the West coast of the United States will experience a spike in the death curve because of Fukushima radiation.
Every detail of our lives seems to be calculated by the globalists to profit by us and utlimately our demise as the depopulation agenda is fulfilled. This is classic technocracy and we know how the technocrats love their data.
The concept of predictive poverty made simple:http://www.thecommonsenseshow.com/Author: Dave Hodges