The Staged Economic Crisis?steemCreated with Sketch.

in economy •  7 years ago 

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Can an economic crisis be staged? The answer is: yes!

Recently I read an interesting article "The Blueprint of the fall of Europe" by Independent Trader (http://independenttrader.org/the-blueprint-of-the-fall-of-europe.html) providing for the description of the so called privatisation through debt and liquidation.

Accordingly, the main stages of this plan is to burden a county/ society with debts with the help of low interest rates, then hike the rates, make the debtors insolvent and force them to sell their assets for a song. Sound familiar?

The thing is that Independent Trader is not alone here.

This blueprint was described in John Perkins's book "Confessions of an economic hitman" and presented in Boris Malagurski's documentary movies "The weight of chains" and "The weight of chains 2" (https://www.youtube.com/channel/UCr1M-E3iq3udlE2eYgRwpGg).

Independ Trader finishes his article as follows: "Last decades this scheme was used multiple times in third-world countries. Since 2000 we are seeing it happening among the Western democracies". However, it seems that the identity of target debtors has changed - the third world countries were yesterday, today this role was taken over by the consumers.

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I feel like its important to be making plans incase this happens...i say incase but i do think this is already happening and although most people still want to DENY DENY DENY people need to do their research and realise whats really going on. Thank you for your post, an important thing to be writing about!