When I was at university back in the mid seventies, I asked economists about huge national debts and I was told that creditors were content with getting interest payments and didn’t want the payment of the ‘principal’. So everything was fine and dandy. The Vietnam War had got the USA into so much debt that the Fed had to close the gold window. With that the US national debt started to climb. The Jewish 9/11 wars have led to a colossal hike in the US debt as the Pentagon has pissed away trillions in treasure. Here in the UK, Cameron has played the same game and doubled the UK national debt in just five years. It’s unprecedented but the public is blissfully unaware of it. Carney has staved off disaster by keeping the BoE interest rate at 0.5% until 2020 – this is Jacob Rothschild’s reward for Cameron ‘s support of the neocons’ nuclear brinkmanship – of which the British public is unaware. Jacob Rothschild said it: ‘the geo-political situation hasn’t been so dangerous since 1945
‘ while his lieutenant George Soros calls for war on Russia and Victoria Nuland puts the fear of death into Tsipras, after wrecking Ukraine.
Cartoon sent by David R