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The interconnected time bomb

I strongly believe that the banking crisis, population growth, the pension time bomb, peak oil, radical poverty and climate change are all interconnected. I also believe that the fractional reserve banking system is at the root of all the problems and until that is changed then we will never solve the other crises. Over the past 4 years, I have compiled the digest to support my arguments and it is now sent to over 2500 recipients that include Central Bankers, journalists, academics and other key people like yourself.

We are about to reach an inflection point. A complete paradigm shift is underway as the 400 year old experiment in Western economics destroys itself under a mountain of debt. Collapse is inevitable. Global War is a strong possibility, if radical changes are not made. Here are my thoughts in brief on the way forward. I use quotes from some great moral thinkers as the headings of some of the paragraphs.

THE WAY FORWARD…..

1……"How do we get all of humanity to educate itself swiftly enough to generate spontaneous social behaviours that will avoid extinction." Buckmaster Fuller This is the goal we have to set ourselves

2……“When I despair, I remember that all through history the way of truth and love has always won. There have been tyrants and murderers, and for a time, they can seem invincible, but in the end, they always fall” Mahatma Gandhi

Today’s tyrant is not an individual. It is the Global system of Fractional Reserve Banking and fiat currency which requires infinite economic growth. It is the root cause of all our other crises. The World population is a slave to debt, burdening future generations with liabilities they are unable to meet. This is the Tyrant that “for a time, can seem invincible, but in the end, they always fall.” We are witnessing the fall now

We need to adopt a new kind of economics, similar to Schumacher’s Buddhist Economics, which is also akin to the economics of Christian/Jewish etc. thinkers. Whereas Western Economics mainly thinks in categories like material in- and output, rate of production or consumption, measurable efficiency and price-income relations, good economic decisions are those based on an awareness of the costs on the individual, social and environmental levels, not just in terms of production and consumption.

3 We will need strong leadership that puts the planet’s interest first before personal, National, religious or tribal interests. Leadership of the quality of Gandhi, Luther King and Mandela. …We need leaders dedicated to uniting Science with Spirituality as presented by the Great Spiritual Masters and Philosopher-Scientists like Socrates, Pythagoras, Buddha, Lao Tse Tsu, Jesus, Maulana Rumi, Kabir and Kirpal”

4…. We need new currency systems,……. currencies that are not linked to debt or GDP

5…..The Arab Spring uprising and the Wikileak’s phenomena show’s that we now have the knowledge, the communication ability and transparency to answer Buckmaster Fuller’s question. “Humanity can educate itself swiftly enough to generate spontaneous social behaviours that could avoid extinction."

Kind regards

Mike