2f. National Debt
“Mainstream media headlines today are focused on Britain’s record national debt, which just surpassed £1 trillion, a figure that can only exponentially increase unless the entire mechanism of Government finance is overhauled. The truth however is much worse, factoring in all liabilities including state and public sector pensions, the real national debt is closer to £4.8 trillion, some £78,000 for every person in the UK.”
“As of November 2016, debt held by the public in the United States was $14.3 trillion or about 76% of the previous 12 months of GDP. Intragovernmental holdings stood at $5.4 trillion, giving a combined total gross national debt of $19.8 trillion or about 106% of the previous 12 months of GDP. $6.2 trillion or approximately 45% of the debt held by the public was owned by foreign investors, the largest of which were China and Japan at about $1.25 trillion for China and $1.15 trillion for Japan as of May 2016.” (Wikipedia) It is projected to increase and you can see it ticking away at :
So in the UK capitalism has, at time of writing, bought a debt of £78,000 for every man, woman and child. In the US every citizen owes $61,335 which works out as $167,000 per taxpayer.
Not only has capitalism failed but the socio-economic system of which it is a part continues to rape our planet and systematically destroy the conditions needed for life on earth. The clock is ticking indeed!
Parliament Must Die contains quotes from: A. Greenburg, M.D._Abraham Maslow_Albert Einstein _Alnoor Ladha_Andrew Gwynne _Anneke Lucas_Arthur Koestler _Arundhati Roy_Asgeir Jonsson _Barbara Max Paul Hubbard_Bertrand Russell _Bill Mollison _Buckminster Fuller_Calcida Jethá _Caroline Lucas_Charles the Great_Chief Arvol Looking Horse _Christopher Ryan_Copernicus_Daniel Christian Wahl_Daniel Pinchbeck_Darwin_David Edwards_David Holmgren _David Icke_Dieter Duhm_Donald Worster_Donnachadh McCarthy_Doreen Massey_Doris Lessing_Dr A Bartlett Giamatti _Dr Claire Wordley_Dr Jay Cullen_Dr Kathy Sykes _Dresden James_E C Lindeman_Eckhart Tolle_Edgar Cayce _Edward Snowden _Ethan C Roland _Ewen MacAskill_Galileo_Galtang and Ruge _George Monbiot_Gerald Heard _God in Genesis_Greta Thunberg_Gudrun Johnsen _Guido Dalla Casa _Gustave Le Bon_Guy Fawkes _Henry Cloud _Henryk Skolomowski_Isaac Cordal _J Eliot_Jack D Forbes_Jack Forbes_James Gordon M.D._James Lovelock _Jeremy Lent_Jeremy Rifkin_John Cleese _John Hammell_John Hilary_John Trudell_Jon Stone_Jonathan Bartley_Julian Assange_Karl Marx _Karlos Kukuburra_Ken Ward _Lee Williams _Leonard Higgins_Lierre Keith _Lord Strasburger_M Knowles_Maddy Harland _Marianne Williamson_Mark Boyle_Martin Kirk_Martin Winiecki_Masanobu Fukuoka _Matthieu Ricard_Mogens Herman Hansen _Nafeez Ahmed _Nanice Ellis_Neil Dawe_Nikola Tesla_Noam Chomsky_Olafur Hauksson _Osho_Paul Hawken_Paul Levy_Peter Joseph_Peter Macfadyen_Pope Francis_President Franklin Roosevelt _Rabindranath Tagore _Rene Descartes _Russell Brand_Safa Motesharrei _Seyyed Hossein Nasr_Sigmund Fraud_Silas Titus _Simon Mitchell_Sir David Attenborough_Sir Isaac Newton_Sir Joshua Stamp_Skip Sanders _Steve Kent _Sting_Terrence Mckenna_The Dalai Lama _Thomas Berry_Tom McKay_Tyler Durden_Walter Bradford Cannon_Wendell Berry_William Derham_Yaneer Bar-Yam