During the 20th Century the "usury" elite craftily led North American consumers into borrowing and buying sprees to a point where there is record consumer debt as we progress into the 21st Century. Debt-laden North American consumers are now asking questions and questioning answers about "usury" the element of debt service that is never explained by the bankers who lend the principal but never the "usury."
Early in the 21st Century governments are cutting back, businesses are laying off employees, the stock market is in decline and local and global economies are in retreat. North American consumers are realizing they can no longer borrow and spend the way they did during the 1990's. Informed consumers are seeking information about "debt elimination" and "alternative consumption" as they prepare for a Depression that will make the one of 1929 look like a Sunday picnic.
Indeed, the global economy is perched precariously on the edge and astute North American consumers have the potential to shift away from the failing "usury" economy to the proven and successful "usury-free" economy. It is prudent and possible for North American consumers to set up "economic lifeboats" before the brewing economic storm descends upon us like an out-of-control economic hurricane.
Creating an "economic lifeboat" is simply establishing a local database wherein people list their contact details and their "offers" and "wants" so that they can engage in trade with their own "usury-free" time currency. It is time to empower ourselves now and engage in "alternative consumption" before the eventual collapse of the orthodox economic system of the "usury" elite. Readers are invited to enlist their contact details and "offers" and "wants" with The NoUsury Network's Online Barter/Trading database. Details at this URL: www.cyberclass.net/letsbuild.htm
The "usury" component of debt service is never explained to consumers by the bankers who knowingly or unknowingly lend the principal but never the "usury" and yet demand payment of both. Debt service steadily rose during the 20th Century to a point where it has become a significant percentage of the monthly income of the average wage-earner in North America. Consider carefully that the greatest portion of any income tax illegally withheld by your employer and theived by the federal and provincial governments is also used for debt service. Keep in mind additionally, that a component of property taxes collected by municipal governments is also used for debt service. Add the "usury" on your personal debt and you begin comprehend the gravity of the scam that has you paying more than 50% of your income to the "usury" elite for debt service.
Many lower-income households with one earner are at the highest stress and equally highest risk with debt payments often eating away almost 50% of the monthly income. Two-income families are not faring much better as they often spend more than 50% of their combined income on housing alone and in many cases the total household debt is equal to the total household income.
Curiously, banks still offer huge lines of credit to debt-laden consumers so that they have the illusion of putting of the inevitable bankruptcy. If only they knew the truth about "usury" and how it is designed to steal wealth from the working class?
Debt load includes the principal and the "usury" of any outstanding debt. Most North American families are currently saddled with a debt load equivalent to the after tax income of both spouses in the family unit. "Debt elimination" is being chosen an a creative method of withdrawing form their (the "usury" elite's) oppressive system and walking freely into the world of "usury-free" living. Details at this URL: www.bankfreedom.com
Throughout the 20th Century the "usury" elite conspired to fuel debt consumption so that it has reached a peak in the North American economy. The extraordinary high debt loads are generating equally high levels of financial stress for consumers and retailers. The future looks bleak indeed for as the North American economy slows down so does the global economy. Japan is already experiencing financial chaos because North American consumers are buying less of their exports.
Though personal bankruptcies and credit card delinquencies are at their highest levels since 1990 debtors are invited to explore the "debt-elimination" process as a worthy alternative. Engaging the "debt-elimination" process empowers you provided that you do the research and learn about the evils of "usury" and vow to stay forever "usury-free."
Though the mainstream media still discounts the gravity of the current financial crisis, let it be known that the global economy is in a precarious position and any related activity such as another drop in the stock market, more business layoffs in North America and/or the collapse of the housing or automobile markets could trigger a gigantic Depression.
Canadian who are ready and anxious to empower themselves with the "debt-elimination" strategy are invited to contact the author.
Tommy-No: Usury, The NoUsury Network, P.O. Box 9333, Ottawa, Ontario K1G 3V1
Tel: 1.613.746.9702 Fax: 1.613.746.5387 Email: tom@cyberclass.net