In Pursuit of Virtue – Fall Is Coming Edition
Want to know when your society is beholden to the men of finance as opposed to the people. ActivistPost will help:
#1 At some point nations that are drowning in debt must implement “austerity measures” in an attempt to stay solvent.
#2 Economic progress can actually go backwards in a debt-based system.
#3 Your banking system will inevitably melt down at some point.
#4 In all countries with a debt-based system, eventually your taxes will be raised to ridiculous levels.
#5 Your currency slowly but steadily becomes worthless.
#6 When things get bad enough, there will be rioting in the streets.
#7 When a debt-based economy crashes, money becomes very tight and shortages tend to happen.
#8 Your population will eventually become so desperate that they will start banding together to loot food and supplies from stores.
#9 If things get bad enough, even essential services may start shutting down.
#10 In an economic depression, many people begin to totally lose hope.
#11 Just like we saw during the Great Depression of the 1930s, there is a spike in suicides when an economy crashes.
Read the dirty details here. This is where Greece is today, and where we are certain to be if our trajectory is not altered significantly, and soon…
