All money is debt.

http://video.google.com/videoplay?do...=money+as+debt

Money isn't the root of all evil, debt is.

no, no. girls are

what about rich girls? they must be really bad

paris hilton is a bad bad girl, ive seen the DVD

Credit cards. Sucking the money out of alot of people

Matt

Originally Posted by Razor

http://video.google.com/videoplay?do...=money+as+debt

Money isn't the root of all evil, debt is.

Cheers for that.

I watched it all the way through, a first for these video postings. I've been meaning to look into where & how money was created. I'd always assumed it was only from Government debt, now I know different.
All the money supply is created from loans by commercial banks, including the interest repayments on these loans. And this requires exponential growth of the economy to stop the whole thing from crashing down. Hmmm, combined with your Peak Oil stuff, it looks like it's time to start stocking up on Tins of corned beef and shotgun cartridges. Still, they had some cool vehicles in Mad Max...

Thanks Mac, if you're interested in a very recent book that is actually a good read I suggest http://www.lastoilshock.com/

Well worth looking at, good find!
So is this process of enslavement to debt the unwitting product of democracy? Do govts simply play the game for the short term benefits of unsustainable growth because they only have a short term in power? What are Suzuki up to with their 0% deals?

Don't know but it works for me.
I remember as a kid in the 70's being told about the impending ice age, the oil running out in 30 years, (that was before the chinese had cars!) Then Aids was going to kill us all- or the Russians. Now the cold war is over suddenly we need a war on terror, and global warming means you're gonna have to really over inflate your tyres. The powers that be have to have us afraid of something, or we would all realise that Governments cant really change anything at all and are all corrupt and incompetent. My advice is to enjoy yourself while you can, and don't worry too much about all the bull***t.

Ride Safe

Originally Posted by ccurts

Don't know but it works for me.
I remember as a kid in the 70's being told about the impending ice age, the oil running out in 30 years, (that was before the chinese had cars!) Then Aids was going to kill us all- or the Russians. Now the cold war is over suddenly we need a war on terror, and global warming means you're gonna have to really over inflate your tyres. The powers that be have to have us afraid of something, or we would all realise that Governments cant really change anything at all and are all corrupt and incompetent. My advice is to enjoy yourself while you can, and don't worry too much about all the bull***t.

Ride Safe

Yeah the 70's were a great time to grow up
And whatever happened to those hover bikes we were promised ?