Thursday, 18 April 2013

The end of Britain?

MoneyWeek is the UK’s best-selling financial magazine.

The following quotations were taken from its January 2013 article, ‘The End of Britain.’
“Two and a half years ago, when the Coalition government formed, we were already in a huge amount of debt. In fact, the previous government had left the country sinking under £700 billion’s worth...

By the next general election in 2015, our national debt is estimated to stand at almost 1.4trillion...

In recorded economic history, every single country with debts as big as ours, every single one, has suffered a devastating economic collapse. There are NO exceptions… we owe TEN TIMES what our entire economy is worth…

Our politicians… acted like teenagers with their first credit card, all to win votes…

The explosion of government spending and government debt has mostly come in the past 30 years…

Thousands of people will lose a lot of what they have. And they won’t be able to do a thing about it…

When a financial system ceases to function, the social fabric begins to fray… We are talking about the breakdown of social order… Britain is going to change very significantly… Social order quickly breaks down when the money stops flowing…

The Weimar Republic’s total debt equalled 913% of its economy… The country descended into a period of economic and social crisis… And that was with debts worth 913% of the economy. Today, Britain’s total debt equals 900% of the economy… our debt load rivals the Weimar Republic in scale…

A catastrophe that ended with the rise of the Nazi party…

The day of reckoning is approaching.”
More here...

In a booklet published in early 2007 titled, ‘Stunning Statistics’, the very first stunner said this:
“As of September 2006, Gordon Brown, ‘the prudent Chancellor,’ had overseen the creation of a debt mountain totalling £1.34 TRILLION.”
What is MoneyWeek telling us now?
“By the next general election in 2015, our national debt is estimated to stand at £1.4trillion.”
I published Stunning Statistics more than 18 months before the financial crisis went critical and the worldwide recession began. But most took no notice of me or others much better placed to offer informed comment. So, now we are where we are.

After an ’explosion of government spending and government debt’ that ‘has mostly come in the past 30 years… we owe ten times what our entire economy is worth.’

Thatcher, Major, Blair, Brown, Cameron/Clegg were at the helm during this period, weren't they? The Thatcher/Lawson ‘Big Bang’ opened us up to the financial predators, their privatisations sold off our ‘family silver’ to the same. And the Blair/Brown/Mandleson combo, of ‘filthy rich’ fame, carried right on opening up and selling off to those who depradations would eventually lead to the worldwide recession and ‘a tidal wave of debt.’

Do you deserve what’s coming, ladies and gentlemen? Do you deserve the ‘approaching… day of reckoning?’ Well, of course you do. You made it happen! ‘The breakdown of social order’ will, when it comes, be down to those who trusted a corrupt and self-serving elite to do the right thing by them, when to do so was palpably nuts.

Ours is a society where politicans who act ‘like teenagers with their first credit card’ shovel barrow loads of our cash into countries with the A-Bomb and space programmes. The last time I looked £12billion was being removed thusly from our indebted enconomy annually.

According to the same politicians, we could afford to wage enormously costly and immoral wars upon Iraq and Afganistan as well, when very few ordinary citizens ever saw the point. We can also pour unconscionable amounts of debt-enhancing dosh into the EU in order that unelected and unanswerable bureaucrats can impose their global writ upon us.

And then there's the social security bill. Tell me this: how much of the owings built up over the decades was doled out to immigrants on welfare? How much is being paid out now? If we sent every last diverse and enriching benefit recipient back home tomorrow, don't you think the debt would be drastically reduced?

Such commonsense stuff is way beyond the remit of the 'first credit card folks, who know so much better and see so much further than the rest of us.

I wonder whose side you’ll be on come ‘the day of reckoning?’

A word of warning. If you choose the the teenagers with the credit cards and their trough-gobbling bosses, you choose more of the same. You do know that, don't you? You choose war without end. You choose those who put the foreigner before you in this country and kill him in his own. (If they’re not bunging him our billions)

You choose political correctness, mass immigration and greedy bankers. You choose the EU, the UN and the global elite. You choose the Murdoch media. You choose a foreigner governing the Bank of England. You choose dumbing-down, drugging-up, degeneracy and perversion. You choose a catastrophic level of ‘government debt’ that ‘has mostly come in the past 30 years.’

In other words, you choose Thatcher, Blair, Brown, Cameron, Clegg, the Milibands and those who own them over your own.

P.S. Moneyweek’s article tells us that the catastrophe of Weimar 'ended with the rise of the Nazi party.' According to MoneyWeek then, the bad guys ended it! The bad guys put the workless German masses back to work. The bad guys put a stop to the genocide!

700,000 Germans starved to death during the Weimar years. Did you know that? Of course you didn't. Why would those who ‘created a tidal wave of debt’ similar to that endured by those who died of starvation tell you about such things?

In 17 September 1936 edition of The Daily Express, the former Prime Minister, David Lloyd George, told us that 'over 700,000 died of sheer hunger in those dark (Weimar) years.'

He continued:
"There is for the first time since the war a general sense of security. The people are more cheerful. There is a greater sense of general gaiety of spirit throughout the land. It is a happier Germany. I saw it everywhere...

One man has accomplished this miracle. He is a born leader of men. A magnetic and dynamic personality with a single-minded purpose, as resolute will and a dauntless heart...

The fact that Hitler has rescued his country from the fear of repetition of that period of despair, penury and humiliation has given him an unchallenged authority in modern Germany. As to his popularity, especially among the youth of Germany, there can be no manner of doubt.

The old trust him; the young idolise him... It is the worship of a national hero who has saved his country from utter despondence and degradation...

I found everywhere a fierce and uncompromising hostility to Russian Bolshevism, coupled with a genuine admiration for the British people with a profound desire for a better and friendlier understanding of them."
Which is all a bit different to the routine anti-Nazi, Hitler-is-the-epitome-of-all-evil propaganda we're spoon-fed these days, isn't it?

I'm not saying that Nazism wasn't responsible for many terrible things, it was. But there are two sides to every story and, when you only ever get told the one, you're liable to head off down the one way street those who would have you know only half the story want you to head down.

Anyway, MoneyWeek says the bad guys put a stop to the catastrophe of Weimar. Anyone out there think the present catastrophe will be resolved by the good guys who created the situation in the first place?

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