Tag Archives: global banking system

The Tool of Oil; Globalizing U.S. Debt Spending

Megalomaniacs never concern themselves with reason – unless of course it’s their own form of it – they merely press forward from within their cocoon of intellectual insolvency, plowing over anything that stands in their way in the process of rendering unto themselves that which suits their fancy.

This past week an interesting story appeared, which I recommend you read as it will proved context and texture to this commentary, titled “The Untold Story Behind Saudi Arabia’s 41-year U.S. Debt Secret”, which (in part) describes what has been going on, in a not so secret way, for well over a century. The use of Debt-Funded Plundering to both control economies and to entrap those who become subject to it.

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Fed Talks Negative Interest Rates

What you should know.  The short summary is this: The Globalized Economic charade is an absolute failure. For the scheme to work each of the following targets would have to be met:

(1) An annual rate of inflation of no less than 7.5 percent.

(2) Interest rates under 4.5 percent.

(3) Wage growth no less than the rate of inflation.

(4) Static growth in government spending (less than 2.5 percent).

(5) Positive earnings in corporate equities and bank stocks with crude prices no less than $60 per bbl.

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Oil: How Low Can It Go!

Out of the box, let’s start with lesson number one:
1) There has never been a shortage of crude oil; ever!
2) If you want to control the price of a thing, in this case oil, then control the supply.
3) If you want to have unlimited spending power then you must first find a borrowing source that uses the same currency (or exchange for a currency) that you use.
4) The degree to which you can have control over the amount of spending, and the control that spending acquires, then you must also expand/spread the common use of that currency (this is the function of a Central Bank and its integration into a Global Banking scheme.)
5) The most efficient way to expand/spread the common use of a currency is to find the most commonly used commodity and require that the purchase of that commodity use your currency.
Now then, return to item 1 and repeat as often as no one is willing to challenge your control system. These few points describe the Global Banking System (the IMF lead by the Bank of International Settlements in Switzerland of which the U.S. Fed and the U.K. equivalent are key players).  Now you understand why Russia is being made to appear as an extremely volatile threat and why the Middle-East is of such interest to the West and why China wants control of the South China Sea (massive western controlled oil reserves). Given that it is likely you will be going to war in the region (again) it’s high time you know. The Western Banking System knows that the debt loads are growing exponentially and simply cannot (ever) be settled.
The only way to survive the inevitable economic slaughter is to continuously expand their financial scheme. How low will oil go and for how long? As low and as long as it takes to destroy the Putin Regime in Russia and the Communist Regime in China; it is estimated that at $44-50/barrel Saudi Arabia can survive (on its cash reserves) for 6-7 years. At that level, it is estimated that Russia can hold out for 2-3 years. China’s a bit more difficult as their economy is structurally a bit more diverse than Russia, but socially far more unpredictable than Russia. For this reason the West is working thru Hong Kong to establish a foot hold of civil unrest as it plans and perfects its regime-change strategy for China.
Curtis C. Greco, Founder
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