Here We Go Again – Different Face Same Approach

 
The UK now has a new Prime Minister, and the first thing she announces, is more borrowing.

What choice does she really have?

If she doesn’t support the people of the UK, if she doesn’t give them money for their energy bills, people will stop spending, people will not take on new mortgages, people will not want to move home; and the biggest revenue stream in the country will dry up, because without the housing market volatility, there is no velocity of money.
Money stops, and with it, so do the games.

If the housing market comes to a grinding halt, the UK government has nothing to use as collateral against its debts, and the Billions and Billions, and Billions of Treasury Bonds issued, will lose their ‘Triple A’ status.
Money is created out of debt, and if the money creation slows, commerce dies.

So what choice did she have, what choices were open to the new Prime Minister?
The outgoing Prime Minister, Boris Johnson, had left a legacy of disaster; he lied to the public, he gamed the system, he reneged on his promises; will Liz Truss be any better?

What has she inherited? What can she work with? Are the people around her, in her new cabinet, capable? Are they up to the task, the job at hand; or will the British public be once again bought-off, with short term gains and long term loses?

There is no such thing as a free lunch, no such thing as free money. If they have to borrow it, it has to be repaid, and the people who become liable for these debts, are the British public; or should we say the UK, the United Kingdom; because Scotland, Ireland and Wales, will all become liable in their own way.

So here we go again; different face, same approach; nothing has changed, because nothing can change, unless of course, they are prepared to rewrite the rules. And why would they do that; after all, they are the direct beneficiaries of all the financial burdens they heap upon the people.

It takes a long time to convince a people, without bribes, without propaganda, without manipulation; people are living a ‘feel good’ life. The system cannot allow that feeling of wellbeing, to be seen for what it truly is; more enslavement and more indebtedness.

The Romans bought-off their people with bread, the governments of the world are buying-off their people with money; only it is not money, it is debt.
Will anything ever change? Can anything ever change?

Will it take a revolution to bring order back to chaos?
Seek solace in the comfort of a life existence in debt.

Is there an alternative to the games they play?