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Our 101 Trillion Dollar Problem - This Is The Number One Tool The Elite Use To Enslave Us
Our 101 Trillion Dollar Problem - This Is The Number One Tool The Elite Use To Enslave Us
Feb. 10, 2024
Epic Economist
People have spent far too much time in the dark. But finally, an awakening has begun.
We're starting to learn about the tools used by the elite to enslave our population, and the number one tool they use to control us and keep us dependent on their system is debt.
The financial powers of America and the world manipulate debt to enslave not only individuals, but corporations and governments.
You probably heard the proverb “the borrower is the servant of the lender” before. And that is an universal truth. Yet, billions of people are deep into debt, inevitably becoming servants of the money powers.
Each time you borrow money from a financial institution, you're not only legally obligated to pay that money back, but you also signed up to pay a significant amount of interest on your loan. Oftentimes, that interest ends up being bigger than the loan itself.
So the borrower has to devote a great deal of their labor to earn money for the lender. Of course, there are situations when it is necessary to take out a loan.
But what the United States has been doing for the last few decades gos far beyond “necessary” borrowing.
Today, the U.S. federal government is over $36 trillion dollars in debt. State and local governments, as well as corporations and households, have also piled up huge amounts of debt.
In this chart from the Federal Reserve, we can see how the total amount of debt in the U.S. system has skyrocketed from $20 trillion during the mid-90s to $101 trillion last year.
https://www.youtube.com/@PeterSchiffChannel
https://theeconomiccollapseblog.com
Original: https://youtu.be/XR-fP-ZmaT0
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Epic Economist is providing exclusive original content of the global economic crisis. Epic Economist is your daily source for truth in a time of universal deceit. And as the global economic outlook continues to deteriorate, Epic Economist urges its followers to prepare for the imminent economic collapse.
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