"a giant credit bubble, created by globalisation’s decades of ‘easy money’, has now reached a “tipping point”– a point that has historically triggered financial crises.
Ground-breaking new analysis in the report – titled Real World Economic Outlook - shows that Japan’s financial crisis was triggered in 1990 when the total stock of financial assets began to outstrip GDP by nine times.
Two of the world’s richest countries, the US and UK have followed Japan’s example, inflating the credit bubble and the accumulation of financial assets through de-regulation and reckless lending and borrowing. This bubble has been fuelled further by the decisions of Central Bank governors and their boards to lower interest rates to historically low levels. ..." ( From 2003)
Extract from "The Illuminati and the House of Rothschild "
During times of inflation the economy would boom, there would be high employment, and people would borrow money to buy houses and farms.At that point the bankers would raise interest rates and incite a depression which would, obviously, cause unemployment. People who could not pay their mortgages would have their homes and farms repossessed by the bank for a fraction of their true value. This is the essence of the Illuminati ploy, and it would recur, time and time again. In fact, it's still happening today.