Saturday, May 3, 2014

Why interest was banned – the Protestant Reformation, funded by would-be bankers, to create the new age of banking

Government around the world are collapsing. The municipal governments are headed into massive waves of bankruptcies. Shamokin, Pennsylvania, is about 120 miles northwest of Philadelphia, and with only 7,000 residents, they have $800,000 of unpaid bills. No bank will even lend them money anymore. Shamokin is so broke, the gas service to city hall was temporarily cut off last month.
ECM-Wave-2011-2020
This is typical of all government. They are incapable of actually running in an efficient manner. They have built their empires assuming the well for taxes will never run dry. The owe far more than they are capable of funding. On the other side of 2015.75, we should expect widespread economic disruption as municipal governments start to collapse in the US and Europe. We do not need conspiracies to end the world. All we need is career politicians – that is good enough. No group is powerful enough to even stop the process in motion. We need to just crash and burn. This is how society regenerates historically. This is why interest was banned following the fall of Rome. It became a sing of “usury” in the Catholic Church and the Arabs had the same position. It was the Protestant Reformation, funded by would-be bankers, to create the new age of banking. This is why interest was banned – government never knows when to stop the borrowing.

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