Tag Archives: public debt

Public Debts as the Root Cause of Unsustainable Economies

This 500 word article was written on request by an editor of Left Foot Forward.

I hope it is as clear and succinct as I’d like it to be!

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Secret summit of top central bankers

This article in the Australian Daily Telegraph yesterday is nicely coincidental, as I have decided to publish this blog in English, having launched the equivalent in German in November 2009.

After all, the Bank for International Settlements (BIS) in Basel, Switzerland, is the central bank of all central banks. Furthermore, the European Central Bank (ECB) in Frankfurt, Germany, is the first of “regional” central banks that are planned by the globalisers.

In contrast to us localizers, globalisers aim at one world government with Special Drawing Rights as one world currency and the International Monetary Fund (IMF) as global central bank.

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