Extreme Rich because of Giant Debt-Scam Mega Ponzi Scheme sold by Banksters & Corporatism

[ExomatrixTV]

B6loH9P4-B8

[GoodETxSG]

While Americans are making less money than a generation Asia and Russia are where all of the money is going. Billionaire's are growing faster there along with GLOBAL power than the West! You have been informed and warned!
http://www.telegraph.co.uk/finance/china-business/9900009/Asia-has-more-billionaires-than-North-America.html

Asia has more billionaires than North America - Telegraph
www.telegraph.co.uk
A Chinese wealth survey has found that Asia has more billionaires than any other continent, apparently surpassing North America for the first time.
Like · · Share
Mitch Woodward likes this.

Bank and Politician Financial Corruption http://www.telegraph.co.uk/news/worldnews/europe/russia/9900088/Moscow-is-billionaires-capital-of-the-world.html

Moscow is billionaires' capital of the world - Telegraph
www.telegraph.co.uk
Moscow has the greatest number of billionaires of any city in the world, according to a global rich list, with London in fifth place.
59 minutes ago · Like · Remove Preview

[KiwiElf]

Well I regret to say that most Chinese-made products sold in this country are absolute crap (and it's not my intention to offend Chinese people as a whole). Everything they make - with few exceptions - falls apart, from can openers that won't open cans, shoes that lose their soles within days, and shirts and jeans that shrink to a child's size in the first wash, to their "Great Wall" brand of vehicles which are on the borderline of being banned (they barely scraped a 2-star safety rating which, by today's standards, is appalling!).

It's also had a disastrous impact on NZ jobs & businesses which have largely vanished overseas.

What used to be a respected Kiwi-made brand in whiteware is now fully Chinese-owned and you wouldn't go near it with the proverbial ten-foot barge pole. They all crap out just out of warranty (or about a year!) Cheap is right - and a totally false economy because you end up replacing everything many times over. Meanwhile they're making millions out of it! (Not to mention the rip-off copy-cat products like Stihl, Apple and other "high-quality brand" names which turn out to be fakes. It's pretty shocking how many of these badly-made "clones" get through customs).

NZ anyway - is just ending up with a pile of junk! Am I being racist? Not at all. I'd call it an "inconvenient truth" (or a spade a shovel). Sorry China - but look up the word "quality".

[gripreaper]

So the Keynesian economic model of fiat debt based currency is a failed experiment.

As long as all currency which enters commerce is debt based at interest, and this interest and principal flows into the hands of the globalist banksters, any attempt to redistribute wealth without a total revamp and return to sound commodity based currency, will also fail.

The entire global corporatocracy is now owned and controlled by these same elite, who have all the worlds top military's, courts, and governments to do their mercenary bidding for them, with a complacent and disinterested populace acquiescing to this system, through voluntary adhesion, supporting this structure at every level.

To say that a wake up call is necessary would be an understatement.

[Erich]

Well I regret to say that most Chinese-made products sold in this country are absolute crap (and it's not my intention to offend Chinese people as a whole). Everything they make - with few exceptions - falls apart, from can openers that won't open cans, shoes that lose their soles within days, and shirts and jeans that shrink to a child's size in the first wash, to their "Great Wall" brand of vehicles which are on the borderline of being banned (they barely scraped a 2-star safety rating which, by today's standards, is appalling!).

It's also had a disastrous impact on NZ jobs & businesses which have largely vanished overseas.

What used to be a respected Kiwi-made brand in whiteware is now fully Chinese-owned and you wouldn't go near it with the proverbial ten-foot barge pole. They all crap out just out of warranty (or about a year!) Cheap is right - and a totally false economy because you end up replacing everything many times over. Meanwhile they're making millions out of it! (Not to mention the rip-off copy-cat products like Stihl, Apple and other "high-quality brand" names which turn out to be fakes. It's pretty shocking how many of these badly-made "clones" get through customs).

NZ anyway - is just ending up with a pile of junk! Am I being racist? Not at all. I'd call it an "inconvenient truth" (or a spade a shovel). Sorry China - but look up the word "quality".

I live in SE Asia where of course everything we use every day is made in China or someplace close by. Many of the cheap, poorly made products you refer to are here of course, but you see them mostly in unimportant items like toys or gadgets, etc...They also make very reliable stuff that must not get exported because of the cost (?)...I wonder if there is just a mountain of junk in the west.

People here seem to readily discern the differences between the junk and the better stuff and simply avoid the junk when it matters. I have fans, baby cribs, tables, chairs, books, televisions, and so on that all work perfectly and are made with quite a bit of attention to detail, etc...Is it possible the junk is made this way intentionally and not a reflection of the ability of the Chinese to manufacture better quality?

Maybe the companies selling stuff in the West only want junk?

[ExomatrixTV]

http://en.wikipedia.org/wiki/Local_exchange_trading_system

Never doubt that a small group of thoughtful committed citizens can change the world.
Indeed, it is the only thing that ever has.

Margaret Mead (1901-1978)

[Carmody]

It has to do with the margin system in the video.

The corporations are producing junk on purpose. I'm familiar with it from the manufacturing side. The junk aspect for products being sent to the west is INTENTIONAL. The corporations whom the junk is made for, they are the drivers and creators of that model.

As are the buyers.

The buyers in the west are in a mindset of consumerism and buy new all the time. they also expect next year's model to have more features AND be cheaper. As resources pricing has increased by a minimum factor of 4 in the past 10 years, this means that the bits in the gear that make it last, those tiny bits of attention to detail, are removed --as they cost.

It is a combination of the greed and the public expectations.

[foreverfan]

http://www.youtube.com/watch?v=Gv0qBjz6SEA

[apokalypse]

they iphone/andriod products every year and promote it as something new but isn't really new at all. these days most of the product made from China, they being slaves for corporation 24/7 ....such waste of energy and time spent make these garbage.

Australian PM Jullia Lizzard trying out Google Glass...i wonder how many people obsess with this new gadget..i'm not.
http://edge.alluremedia.com.au/m/g/2013/02/gizmodogillardglass1.png

Advance in technology? advance in technology that make our life better and improve our quality of life like free energy-robots-transportations like UFO...ect. not these garbage.

[sigma6]

You mean to say that if we simply killed off 1% of our population we would be able to distribute 24% of the entire wealth of the country to the bottom 60% ?



has anyone figured this out yet besides the 1% themselves?

[GoodETxSG]

Wonderful quote and one that should inspire each of us to stop thinking "WHAT CAN I DO?" and get off their rears and DO IT!


http://en.wikipedia.org/wiki/Local_exchange_trading_system

Never doubt that a small group of thoughtful committed citizens can change the world.
Indeed, it is the only thing that ever has.

Margaret Mead (1901-1978)