Dateline: 27 August 2015
Bix Weir doesn’t use the word, Jubilee, but what he envisions is, in part, a Jubilee event of epic proportions. All debt will be forgiven. Greg Hunter, who is interviewing Bix, expresses some doubt about this ever happening but Bix explains his reasons for thinking the way he does.
One of the reasons is that banks don’t hold mortgages like was once the case. Mortgages are sold and bundled into securities, which people invest in. Bix says these mortgages and stocks are sold multiple times and there is no one owner. He says most of the mortgages and stock certificates in the world are held by the Depository Trust & Clearing Corporation (DTCC). What Bix says about the DTCC is kind of incredible. If you are into conventional paper investments, like stocks, you might want to listen to the interview.
More than ever, I contend that my Agrarian-Style Economic Self-Defense Plan is the best course of action for people who want to be best prepared for the collapse of modern Babylon.
What many people don't fully realize is that the collapse is now in progress. The foundations of the world economic system are cracking as you read this. The Vested Interests are frantically trying to shore up the edifice.
Woe, woe to you Babylon.