The Global Debt Collapse Explained in 3 Minutes

Where do the banks get their debt-money from?  NOTHING!!!

They literally just simply CREATE the debt by breaking double entry accounting standards.  Debt comes from nothing.  It monetizes nothing into existence as debt…  aka  the LACK of the thing being present.  Which is then created and paid back….  Only….   The Debt itself is fraudulent as it violates basic business practices and there are no reserves.

Over about $3 million dollars, the banks’ reserve requirements go to ZERO!   All FINES upon banks are negotiable instruments WORTH UNDERWRITING.  Meaning, banks pay fines from debt created from nothing.  Fines are meaningless to banks with underwriting capabilities.

Here is a documentary on the UK system of Debt and how it is fraud:

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