Note – during the Great Financial Crisis 2007-2010, AAA-rated paper (Mortgage Backed Securities) were getting quietly loaded up with sewage grade mortgages. It was hailed as an advance in ‘financial innovation.’ And the system eventually collapsed when the defaults started ‘rolling in.’
Global Creditworthiness is deteriorating. Defaults will be ‘on a roll’ again. It is just a matter of time.
The Daily Shot, Sep 14, 2020 – Credit: The global corporate debt market credit quality has been deteriorating over the past few decades.
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The world is drowning in DEBT. Economic chaos awaits all who dawdle. Millions of citizens will experience a violent ‘whiplash’ again, when the next crisis ensues. It is time to insulate those millions of people at ‘ground level’ – by granting direct liquidity extensions to citizens – the same direct liquidity extensions that were provided to global banking elites: Morgan Stanley, Citigroup, Bank of America, JP Morgan, Goldman Sachs, Wells Fargo, Merrill Lynch, RBS, State Street, Barclays, UBS, Deutsche Bank, Credit Suisse, PNP Paribas, and numerous others..
The U.S. has a plan – the most powerful economic acceleration plan of modern times.
The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens. It is a comprehensive plan with long-term economic and social benefits for citizens and government.
The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.
The Leviticus 25 Plan – An Economic Acceleration Plan for America
$90,000 per U.S. citizen – Leviticus 25 Plan 2021 (3796 downloads)