UBS & Goldman Sachs bankers discuss the economic power shift and how they created it,basically to lower labour costs ,offsetting loss of tax income by selling treasury bonds ,& manipulating rates to keep it going.Grubel also states that bankers created the crash,and how they would like to pay less money to skilled workers as well if they could.
I call it the Great Chinese Takeaway
They take away our jobs and now our homes
Heres how,and why I think it all be preplanned by the bankers and powers that be.
I think the chinese manufacturing boom may have been financed and planned by western corporations and bankers in order to reduce production costs for big companies,and this source says that china has debt from borrowing using the “shadow banking system” .http://money.cnn.com/2013/10/17/news/economy/china-government-debt/
I think whats happening is that now the western debt fuelled economic system has in effect collapsed,the bankers are now sucking in China to keep the bubble going longer
Now the wealth is being transferred to china,those who benefit from it are spending money on western branded designer products,partly to do with exchange rates,as well as wanting status symbols.Also they are buying and renting property in London.I speak to Chinese business people in London who give me information.Chinese law means they cannot buy a home in China and leave it to their children it goes to the state when they die.So they are looking to invest in London.Also there are many Chinese students in London who are renting accomodation at inflated prices.
Mayor of London Boris Johnson & Prime Minister Cameron recently visited China on a trade mission,and they were welcoming Chinese students and investors with open arms.
In London there used to a lot of affordable social housing on big council estates.Over time with the right to buy scheme a lot of tenants bought these at low prices,but mostly sold back at a profit.For example one person i know bought a 1 bedroom apartment in goswell road EC1,it used to be a run down area, a bit of a wasteland between west end and the city of london.Now its a desirable area,like many previously poor working class patches of London its been reinvented , my friend used to rent at around £80 per week then under the scheme he paid £30,000 for his apartment,and sold it for £300,000 a few years later,now its worth approx £600,000.The rental is now around £650 per week for a similar property , this housing bubble is obviously not good for social housing tenants long term.
Mayor of London Boris Johnson has plans to raise affordable housing rents to 80% of the market rate link http://londonist.com/2013/09/affordable-housing-get-ready-for-80-of-market-rent.php
He says its for new housing-but we can see where this is going.
Also Boris is trying to shut down London police stations and fire stations ,these are mostly in prime locations these can be redeveloped to sell to chinese investors in order to make big profits.
So we have a housing shortage,displacement of the London working classes and reduction in vital police and fire services,all part of the global race to the bottom,and you still get working class mugs voting for Boris because hes got nice hair and tells stupid jokes.
We have immigrant workers living 3 to a room,Indians living in sheds ,soon only the rich will be able to afford to live in London..
So to sum up,i think the western boom economy was basically a housing and credit bubble and now its burst the bankers have drawn China with its hundreds of millions of people into the ponzi scheme to keep it going.
Are we awake or just in a different dream ?
david icke- alex jones-max keiser – artist taxi driver
all in the conspiracy business- i call it the alternative media industry
..they give you good information about the problems but no real solutions,they all ask for your money in one way or another
Maybe they dont want solutions as they are all making money from the problem.They all met at the 2013 Bilderberg protest-yet max keiser who promotes bitcoin has peter thiel of the bildeberg steering committee financing his bitpay operation.when you ask him ,icke jones or taxi driver about it on twitter they ignore you.i asked one of maxes colleagues about it and was told max didnt know that peter thiel is a bildeberger.So a financial guru doesnt know his partner is a Bilderberger but I do ?
please read this link and work it out for yourself
so now I started thinking there something wrong,why are they protesting outside the Bilderberg meeting and yet max keisers co investor is on the Bilderberg steering commitee-can Max be trusted? and the rest of them as they are all connected?
Then i started thinking,is bitcoin the planned cashless society New World Order currency with the QR code tatooed as “mark of the beast-none shall trade without it” and Max is a pied piper to lead you into it,after a while i thought no im being paranoid .then i read this about bitcoin atm cash machine trials in Canada using your palm print as ID
If this happen its not freedom,think about it-cashless society using RFID chip or palm print technology?
maynon2013 