mike montagne – MPE PRESENTATION



Poland to Grow Ireland-Style as Crisis Heads East
Note.- Paragraph 4, reads:
“Poland has collapsed,” said Nicholas Spiro of Spiro Sovereign Strategy, on Monday. “It has a huge domestic economy, but essentially domestic demand has been contracting. It is being propped up entirely by exports, so all eyes are on Germany to see if the German economy recovers.”

The German Economy and the Crisis in Europe

Germany—2013 Article IV Consultation: Concluding Statement of the IMF Mission

German Economy’s Growth Outlook Cut by IMF on Euro-Area Impact

Poland secures 80pct of borrowing needs in May
(Note.- Borrowing under ‘the lie of economy’ assures your destruction)

Rate council cuts rates to record low 2.75 pct


Poland’s Economy Slows Sharply

Poland: growth slumps to just 0.4%

Poland’s rate cut: start of a new cycle?

Poland’s retail sales: food for thought

Mario Draghi’s ECB Press Conference – Live Webcast

‘Bloodbath’ in EM bonds; first outflow in nearly a year

CEE: In uncertain times – 9th May, 2013

Warning signs Appear as Poland’s bond rally shows no signs of running out of steam

Poland’s pension system ‘broke’ says finance minister,Polands-pension-system-broke-says-finance-minister

The Government Theft of Retirement Accounts Has Begun

Polish Reform – Talking Heads

Pension system in Poland – pending overhaul…

Polish cabinet may take control of Poles’ pension savings to reduce budget shortfall


BANKERS ADMISSION –  Categorical Proof of Bankers Scheme To Advance Feudalism Through The Lie of Economy
Banker Admits “We Engineered the Global Financial Crisis” 1
(“We engineered the world financial crisis” 2:09 minutes into video)

Panel on the global economic power shift
Deliberately Devaluing Money…Threatening and Forcing Developing Countries 5:18 min
Engineering The World Financial Crisis 6:19 min


A Letter Revealing The Truth of Economic Reality for the People of Poland –

 I said I’d send you graphs which encapsulate the problem everyone is faced with.

Well, the first link below is for the graphs and the rest are supporting evidence with a short explanatory note that follows:

Europe Is Not “Fixed”: Two Charts

Republic of Poland: Arrangement Under the Flexible Credit Line

Eurozone to stay in recession for another year

(Note.- Paragraph 3 begins, ‘The delayed recovery, which was blamed on a lack of bank lending…’)

22/02/2013 :Winter forecast 2013 – The EU economy: gradually overcoming headwinds

France freezes spending to hit EU targets as slump deepens

On the Brink: Fiscal Austerity Threatens a Global Recession

France is totally bankrupt

Bankrupt France set to save £600m – by turning off the lights–turning-lights.html

The first link quite clearly demonstrates, using graphs, the horrendous problems the vast majority of people will face as a result of what is shown by these graphs. These horrendous problems, which are ongoing, are evidenced by just a few sample stories from the other links. It doesn’t take a great deal of imagination to understand how the vast majority of people everywhere are going to be affected by what’s happening.

The first chart in that link shows overall debt continually increasing and the second chart shows that the supply of money in circulation that is available to pay the debt is shrinking and continues to shrink at an alarming rate.

As you will note, the two positions on the graphs are moving away from each other and will never meet. As you can see from the second chart, the supply of money (circulation) that is available to pay the debt, continues to shrink. How can a continually shrinking money supply pay for a continually escalating debt? Answer, it can’t.

As a consequence, the supply of money everywhere will be completely used up without still being able to meet the ever escalating debt. It’s an impossible situation and nothing on this earth will remedy it except people understanding ‘true economy’.

You will also note, that the money supply is almost down to zero, meaning that there will not be any money for people to do anything with. Money at the moment is rapidly disappearing. Whatever money anyone had saved, would disappear as soon as they spent it on necessary consumption.

That is because businesses as well as individuals are servicing debt continuously, which reduces the money supply so that it is not available for anything else. As you can see from the second chart, the money supply is not being replaced or replenished through renewed loans or credit, otherwise the graph or trend would begin to move upwards.

The banks ‘controlling credit’ for their own benefit by misrepresenting it and falsifying it to themselves away from individuals who own it, means that any attempt to meet debt repayments withdraws money from circulation leaving people without money to use. So, to provide for money to use again, it needs to be borrowed back into circulation as ever greater or increasing debt owed to the banks to cover previously withdrawn debt payments and the interest on them. This process continues until a critical point is reached that makes, regardless of the amount of economic activity, debt servicing become impossible and the inevitable collapse of the economy ensues. This is why the money supply in the second chart continues to fall and is fast approaching zero; money is being withdrawn from the economy to meet debt repayments which can never be paid back and which will still be owed even though there would be no money to pay them. As you can see from the charts, this is exactly what is happening.

This absurd situation of the money supply shrinking is further aggravated and accelerated by taxes for the payment of the national debt, which doesn’t decline because government needs to take on more debt by borrowing more to just service their previous debts and then reintroduce money back into circulation as even more debt to maintain circulation for economic activity, which only helps to increase future debt even further.

Government then, is forced to borrow even more frantically to stave of collapse, which is just more debt being added on top of previous debt.

And since tax revenues would be far to small to even probably service the interest on all this debt, it becomes clear that even if you taxed everyone to the full extent of their income, further frantic borrowing by government is what you would see to cover debt servicing which everyone is expected to pay towards, as taxes. This frantic borrowing is mistakenly thought of as government ‘printing money’ and devaluing the currency.

The truth is, it is the government having no alternative but to borrow meaninglessly in a desperate attempt to delay the inevitable collapse under this present system of distortion which is ‘the imposed lie of economy’.

To summarise all of this, a point is reached in the economic activity of a country where no matter how much economic activity exits, it won’t be enough to service the ever increasing debt never mind even trying to pay it all off. And even if it did pay it all off it would have to borrow it all over again for there to be money in the economy that people could use for their various activities. At any rate, a countries credit rating or ability to service its debt is compromised and as a consequence it is unable to borrow in order to keep up with its debt repayments, further creating a diminishing of the money supply.

Its credit rating is downgraded to junk status, while in the meantime debt repayments still have to be made without anywhere to borrow from. What’s left of the existing money supply rapidly diminishes as taxes are increased to meet debt repayments. Cuts or austerity measures are called for everywhere, and still there’s no hope in sight. Everywhere becomes like Greece sooner or later.

We’re fast approaching zero in the money supply for Europe as a whole. To demonstrate this for each individual country one need only present similar charts for each countries total debt and money supply in circulation over a period of time.

From the second link given above, it looks as though Poland is anticipating that it will reach zero money supply very soon (2013) or at least won’t be able to meet its debt repayment commitments, and has made futile provisions to delay the inevitable just a little longer with what can only exacerbate Poland’s demise, and that is, more debt. Ask yourself the question – is Poland replacing its money supply with enough debt borrowing or has it reached its limit to be able to service existing debt? To have insight into this question its worth reading the International Monetary Fund (imf) report at the link given.

The key to the whole thing is about replacing the money supply. But since countries have surpassed their ability to service debt even at minimum levels, as a consequence their credit rating is such that they can no longer borrow so that the whole thing comes tumbling down. Hence the special measures under different institutional names to ‘rescue’ countries. All nonsense of course, because it amounts to just increasing countries artificial debt burdens which so called taxpayers are expected to pay and can’t pay.

When all of this happens, the banking network, and you can be sure it is one continuous network, can claim the assets of a country as theirs – that includes the land, all property and as well as the people – for an ‘artificial debt’ which can never be paid back.
The Effects of The Lie of Economy (Worldwide)

Wealth Inequality in America

The Banking Network

The Few Banks That Own All

The Network of Global Corporate Control Study

Revealed – the capitalist network that runs the world–the-capitalist-network-that-runs-the-world.html

What Bankers Want …

how central banks buy the economics profession

National Banks of Countries Privately Owned

List of Privately Owned Central Banks


The Reversal of Bank Flows: 2008–12
We read, page 15

Global Risks 2013

BRE BANK SA – Polish Weekly Review May 24, 2013

Liquidity consequences of the sovereign debt crisis

Euro Central Bank – Monthly Bulletin 2013
we read, page 19

Poland: Creation of Special Stabilization Fund from New Fee on Banks

World News 2013 – Wall Street casino: The derivatives crisis


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