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The Wikipedia entry on the 2008-2009 Icelandic financial crisis is a very good overview of how "big boys" play with "big numbers" - for short term benefits for themselves, never thinking long term, let alone the public.
The entry refers to "sovereign debt" as a key issue.
But nobody questions the sovereignty of issuing Cash and spending it into the economy. Everybody assumes that money has to be borrowed as Credit, so that the beneficiaries get their interest payments.
Money as Debt, also known as Credit is a crime on humanity. It started in 1694, when the Bank of England was founded. More on http://moneyasdebt.wordpress.com
Sabine [enraged]
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