As long as their is money, Their will be recessions.

Another glorious global recession and yet another fabulous idea to get us out of the recession.

How much interest and debt do we have to pay off to the International Monatery Fund and World Bank?

I laughed after the G20 summit, the world leaders came out and said... $1.1 Trillion to save our economy, where did this money appear from?
The world bank?
The IMF?
Most certainly...
If both banks had all that money to begin with why did we have a global recession?
Why do they need all that money?
Why did we require to have a global meeting of the major powers in the world to come out and say.. we have $1.1 trillion to save our economy


Does the world bank and IMF act like high street banks to actual whole countries and major bussinesses? If so, how much interest will we have to pay back on $1.1 trillion? Will we be able to pay back $1.1 trillion PLUS interest?

I don't think so, It will however save us in the short run and then maybe around 2012-2016 we will most certainly have yet another Global recession and hey presto the world bank and IMF will give us around $8.5 trillion to save our economy

This does lead me to believe that the Rothschild family and Bilderberg group run the world,

As the saying goes.... HE WHO HATH THE MONEY, HATH THE LAW.


Here is a link to previous recessions
Recessions

And a link to read up on the history of the Rothschilds
Rothschilds

The Bilderberg Group
Bilderbergs

The bill's already over $12 Trillion just for the US economy in 2008. Another trillion is not going fix anything.

Well their you have it $13 trillion in debt

OUCH!

I wonder how long it will take to pay off if they ever do?

didn't the G20 announce 4 trillion plus a further trillion for developing economies, meaning 5 trillion from the G20 not 1.

[edit on 7/4/09 by pieman]

Originally posted by slowboy51
I wonder how long it will take to pay off if they ever do?

There is no 'they'. It's YOU. YOU will have to pay it off.

I don't work and I'm too old to care anymore. YOU get to spend the rest of your life paying for the handouts to Bankers.

Please Correct me if im wrong on what I have read.
Economy Boost Fund








[edit on 7-4-2009 by slowboy51]

reply to post by mythatsabigprobe



MMMmmm so through the taxes I pay will evidently be paying off the worlds/governments debt.
What is the source of my wages? and my taxes go to the government then the government pays the world bank and imf and they pay? oh they just magic money from no-where?

The Group of 20 summit said more than one trillion dollars would go to the International Monetary Fund and other finance and trade institutions helping struggling countries through the turmoil.

British Prime Minister Gordon Brown said that by the end of 2010 the G20 would have spent five trillion dollars fighting the crisis and hailed what he called the start of a "new world order."

source

it's all in the fine print i guess. so, that's either 5 trillion, 6 trillion or just one trillion, i dunno anymore. like you say, it's made up money anyways.

and yeah, we're the ones that'll be paying for the bank bailouts.

the problem occur when for the past 20 years or more, country of the world bought stuff and war with fake money($ international)....all this stuff and wars need to be credited but the money don’t balance because it has no value.
They trying to make you believe that one credit crunch in one country is responsible of the entire global crises..halllloooo…any one home.
This sound like a story made up for children.
If you like to know why the German national party was aloud to be elkected and won the election in 33 then asks the European Banker, they will tell you because Hitler was so good for their business. Bush was good for their business, but now no one is good for their business so what will happen is that must likely the responsible will reverse the trend and let the economy flow again for sometime…don’t we already hear the rumors of recovery in some media?
Kacou.