Posted By: watcher51445
Date: Wednesday, 2-Jun-2010 08:17:57
We don't want to go down this road again:
650 Years Ago: How Bankers Rigged the First, and Worst, Global Financial Crash
Six hundred and fifty years ago came the climax of the worst financial collapse in history to date. The 1930s Great Depression was a mild and brief episode, compared to the bank crash of the 1340s, which decimated the human population.
The crash, which peaked in 1345 A.D. when the world's biggest banks went under, "led'' by the Bardi and Peruzzi companies of Florence, Italy, was more than a bank crash -- it was a financial disintegration. Chroniclers reported, "all credit vanished together,'' most trade and exchange stopped, and a catastrophic drop of the world's population by famine and disease loomed."
Like the financial disintegration hanging over us , that one of the 1340s was the result of 30-40 years of disastrous financial practices, by which the banks built up huge fictitious ``financial bubbles,'' parasitizing production and real trade in goods. These speculative cancers destroyed the real wealth they were monopolizing, and caused these banks to be effectively bankrupt long before they finally went under.
The critical difference between 1345 and 1995, was that in the fourteenth century there were as yet no nations. No governments had the national sovereignty to control the banks and the creation of credit; or, to force these banks into bankruptcy in an orderly way, and replace fictitious bank credit and money with national credit. Nor was the Vatican, the world leadership of the Catholic Church, fighting against the debt-looting of the international banks then as it is today; in fact, at that time it was allied with, aiding, and abetting them. http://www.rumormillnews.com/cgi-bin/forum.cgi?read=174520
Also read: How Venice Rigged the First, and Worst, Global Financial Crash by Paul Gallagher http://american_almanac.tripod.com/pbgbardi.htm
It is pure and absolute nonsense the People of the Americas, American People, People of the Global Community of Mankind be subjected to these activities of Despotism, Oppression of those who set about themselves upon the Road of Destruction and Wiping out 3 BILLION PEOPLE through Disease, Chaos, Starvation, Pollution of Natural Resources. It must stop!
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