Have you ever wondered why everyone around you is living a life full of debt? People spend their lives paying off mortgage fees, college loans, health insurance fees and car insurance policies. The real reason has been a well kept financial secret that the common citizens don’t know.
Victoria, a 12 year old, has shown the world that the new generation is not ready to accept the concepts of old schoolers on finance, Forex, insurance, loans and banking. With some simple logic and concrete evidence, Victoria takes us through the current system of finance and proves in a short 12 minute speech how the banking system has been designed to keep the ordinary people enslaved under the banking and taxation system. Forex and finance agencies are complicit with the government in ensuring that the country stays in debt. The government uses these forex and private finance agencies to draw more and more loans and these Forex agencies charge huge markups on these loans in return.
Check out the viral video below that is making rounds on the internet right now:
wow she is amazing and speaks the truth she really had me thinking wow ?
Wouldn’t be surprised if she is found dead in a few weeks time. After all the government needs to silence the smarter and wiser people so they don’t blurt out the truth and turn people on them.
How about I call bullshit. Why is she talking about the Canadian banking system standing in front of an American flag? And the real reason everyone is building debt because the vast majority of people, all over the world, have bought into the marketing ideology of more, more, more and even more. People have forgotten to live within or beneath their means, that having more and the newest isn’t the purpose of life. Why else do you think they keep coming out with new iPhones every 6 months? Or why car models are coming out earlier and earlier each year? Oh why the most expensive clothing is “name brand”? Like who decides that? Oh right, marketers who train consumers that if you look like them, or wear the clothes the celebrities wear your life will some how improve.
No, the problem is not with the banking system, after all, it’s created to create profits like any other business…and the Bank of Canada is not a retail bank…we need the individual banks in order to create a consumer system to interact with the rest of the world. There’s no simple or quick fix as issuing “money” to wipe out debt. That would collapse our standing in the world economy and make us incapable of doing international trade.
We, the consumers in this world have created this problem. If we want to solve it, start by understanding debit and interest charges. Don’t rely on banks to fund credit card purchases, pay with cash, save and then buy, make choices about what you need not what you want or desire. That’s what our parents and the parents before them understood. Why else do you think this started with the post-world war II baby boom? Consumerism is the problem, not the banks. So this video is a nice history lesson but totally missed the point. Good public speaking but she didn’t learn or share any secret…all she did was make the average person more scared of something that they can’t control.
I agree, this little girl has not really dissected anything that hasn’t been around for tens, if not hundreds of years.
The statement that we as consumers are buying into the “more, more and more” stuff is most definitely true. I don’t think that there’s anyone to blame but ourselves for this.
Right. True. The bank has nothing to do with this now. Or I mean it is not the guilty one. The bank is merely a tool in this system. The consumer, who is buying stuff with money he don`t has yet IS the problem. In this way non-existent money, not covered with gold reserves are created, because many people want to have new TV, new PC, new car, but they don`t have enough money to buy that. So in that way bank “buys” things for people with non-real money, the money which are not covered by reserves. We and only we – the consumers, led the finance system mutate this way, because we want to have everything here and now. And that is most scary thing… Our economies are more or less fake, in markets are circulating tons of non-existent money, actually only the numbers in computers. People don`t think what will happen IF they will lose their income and can`t repay loans etc. They found that comfort zone and stopped thinking ahead, to plan their life. What to plan here, if I can buy this newest model phone today, I don`t need to save and wait, I can have it today… What happen if I could not repay? i don`t care much. THAT is what is going. And it has to stop.
I buy things with money I really earned and have them again 🙂 as numbers in my account, but they are really mine and I wish that more people give thought about what they do and where they are going with this.
She’s talking about tax revenue being used to pay down the national debt. She’s not talking about consumer debt.
I think you mean complicit, not complacent.
great !!