My question for John Redwood this morning - Mass debt foregiveness.

Martin Cole

Posted August 25, 2012 at 6:31 am | Permalink

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I am interested in this sentence of your posting “The government is not rushing to cancel this debt. No doubt it is worried how such a course of action would be perceived by the markets and media.”

I am wondering if you believe that such is the only fear preventing such a course and if so what you consider the consequences of a mass worldwide cancellation of Western debt, which would tend to neutralise market and media adverse reactions, and whether that is not perhaps where the present direction of travel is leading at least the Euro, Dollar Pound and Yen?

How money is made/created - Ben Dyson

Part two of the video is linked here. Ben Dyson is in Newcastle this afternoon.

More information is available from here.

Britain's £1,000,000,000,000 Debt

One trillion pounds, wasted by our politicians of the three main parties, to buy themselves power.

They know they could not raise such monies in taxes, yet they spent it anyway.
Still they promise to spend ever more and greater sums - £127 Billion extra this year alone!

Merely, it would seem, so that they might enjoy all the benefits and pensions of holding power together with whatever other obscene gratification they gain from its oh so obvious and blatant misuse. Real authority meanwhile has passed to Brussels without our consent!

Orphans of Liberty is proposing a sweeping campaign to expose the real natures of all those who have crawled their way to the top of the the festering remains of our three, one time respectable, main political parties. One suggested emblem is here:

Once a suitable logo is selected, it will be placed on this blog, give your input through this link.