Today’s news contains the story that Prime Minister Gordon Brown, the man who at present is suffering from severe depression and the BBC reports is one pill away from a secure psychiatric unit, is set to table a motion to the G20 that will see international co-ordination of economic policy.
The argument being put forward is that this is vital in order to ensure we “return to economic growth”. But what strikes me as interesting is the fact that the vast majority of the G20 nations – including all of the western economies - have already seen a growth in their economies; with China and India not being very badly hit by the crisis at all.
What concerns me here is the movement towards further globalisation of our economic system. For whilst those who stand beside this policy would argue that international co-operation would mean if one does well we all do well. As somebody once pointed out, it also means of one goes under, everybody goes under.
There has been some talk for a long while about globalisation and the movement toward a One World Government. And people could be forgiven for thinking that this is nothing more than a step towards that endgame. After all, when the politicians tell blatant lies about the reasoning behind the policy, it’s easy to understand why people would wonder just what their motives are. This new proposal means that individual G20 nations will have to table their economic policy to the G20 for approval before they can proceed.
Now this is not only means that the G20 nations look set to loose full control of their own economic policy, but it also means that something which should be decided by a democratically elected government, is instead influenced by a foreign power. And if anything, goes no way toward solving the financial problem, but will instead serve to entrench it even further.
The UK and US economies are both on the verge of ruin, with a debt mountain like nothing seen in history having been built up. The UK has destroyed its manufacturing base, leaving it with a balance of payments that would disgrace any leading economy. And the solution to this is to do nothing about it, do nothing at all to bring money into the country, and instead to continue doing what we always did. Only this time, we’re going to make sure we drag everybody else down with us.
It has been said that the aim of the New World Order is to create a situation that will leave us begging for a solution, begging for the One World Government which will then be held up as our saviour. Well by the looks of things there is something to this argument. Because whilst the politicians are void of any solutions. Whilst they refuse to come up with anything different, they are only going to make the problem worse. And then when it doesn’t work. They will no doubt turn around and call for more globalisation. They will say that globalisation wasn’t the problem; it’s that we didn’t have enough of it.
This so called economic stimulus is the equivalent to saying that a heroin addiction isn’t the problem, it’s not having any heroin to stop the withdrawal. What the world needs to realise though is that it can spread the heroin around, it can share all the syringes it likes. But it’s only going to make things worse.
We have to accept that we’re addicted to debt. We have to understand that borrowing even more money, finding a way to get lending going again isn’t going to solve the problem. Because when the interest piles up, when we run out of the money needed to pay the banks their interest; there can only be one winner, and that’s the banks.
DL
The argument being put forward is that this is vital in order to ensure we “return to economic growth”. But what strikes me as interesting is the fact that the vast majority of the G20 nations – including all of the western economies - have already seen a growth in their economies; with China and India not being very badly hit by the crisis at all.
What concerns me here is the movement towards further globalisation of our economic system. For whilst those who stand beside this policy would argue that international co-operation would mean if one does well we all do well. As somebody once pointed out, it also means of one goes under, everybody goes under.
There has been some talk for a long while about globalisation and the movement toward a One World Government. And people could be forgiven for thinking that this is nothing more than a step towards that endgame. After all, when the politicians tell blatant lies about the reasoning behind the policy, it’s easy to understand why people would wonder just what their motives are. This new proposal means that individual G20 nations will have to table their economic policy to the G20 for approval before they can proceed.
Now this is not only means that the G20 nations look set to loose full control of their own economic policy, but it also means that something which should be decided by a democratically elected government, is instead influenced by a foreign power. And if anything, goes no way toward solving the financial problem, but will instead serve to entrench it even further.
The UK and US economies are both on the verge of ruin, with a debt mountain like nothing seen in history having been built up. The UK has destroyed its manufacturing base, leaving it with a balance of payments that would disgrace any leading economy. And the solution to this is to do nothing about it, do nothing at all to bring money into the country, and instead to continue doing what we always did. Only this time, we’re going to make sure we drag everybody else down with us.
It has been said that the aim of the New World Order is to create a situation that will leave us begging for a solution, begging for the One World Government which will then be held up as our saviour. Well by the looks of things there is something to this argument. Because whilst the politicians are void of any solutions. Whilst they refuse to come up with anything different, they are only going to make the problem worse. And then when it doesn’t work. They will no doubt turn around and call for more globalisation. They will say that globalisation wasn’t the problem; it’s that we didn’t have enough of it.
This so called economic stimulus is the equivalent to saying that a heroin addiction isn’t the problem, it’s not having any heroin to stop the withdrawal. What the world needs to realise though is that it can spread the heroin around, it can share all the syringes it likes. But it’s only going to make things worse.
We have to accept that we’re addicted to debt. We have to understand that borrowing even more money, finding a way to get lending going again isn’t going to solve the problem. Because when the interest piles up, when we run out of the money needed to pay the banks their interest; there can only be one winner, and that’s the banks.
DL
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