Instead of buying into the World Economic Forum’s dystopian “Great Reset,” we can build an alternative system with a mandate to serve the people.
This is part two to a May 4, 2022 article called “A Monetary Reset Where the Rich Don’t Own Everything,” the gist of which was that national and global debt levels are unsustainably high. We need a “reset,” but of what sort? The “Great Reset” of the World Economic Forum (WEF) would leave the people as non-owner tenants in a feudalistic technocracy. The reset of the Eurasian Economic Union would allow participating nations to opt out of the Western capitalist system altogether, but what of the Western countries that are left? That is the question addressed here.
Continue readingFiled under: Ellen Brown Articles/Commentary | Tagged: Bank of North Dakota, ECASH, Ellen Brown, Eurasian Economic Union, Great Reset, MONETARY RESET, NATIONAL INFRASTRUCTURE BANK, public banking, Sergei Glazyev, Trillion dollar coin, WORLD ECONOMIC FORUM | 11 Comments »
Solving the Debt Crisis the American Way
Our forefathers turned their debts into currency. That Constitutional approach could work today.
On Friday, Jan. 13, Treasury Secretary Janet Yellen wrote to Congress that the U.S. government will hit its borrowing limit on Jan. 19, forcing the new Congress into negotiations over the debt limit much sooner than expected. She said she will use accounting maneuvers she called “extraordinary measures” to keep U.S. finances running for a few months, pushing the potential date for default to sometime in the summer. But she urged Congress to get to work on raising the debt ceiling.
Lifting it above its current $31.385 trillion limit won’t be easy with a highly divided and gridlocked Congress. As former Republican politician David Stockman crowed in a Jan. 11 article:
Continue reading →Filed under: Ellen Brown Articles/Commentary | Tagged: AMERICAN DEBT, banks, debt ceiling, economy, HOUSE OF REPRESENTATIVES, Inflation, interest rates, quantitative easing, STIMULUS, Trillion dollar coin | 38 Comments »