Basically, the corrupt banking conglomerates are the most powerful entities in the world. They do have more power than governments, because they are able to control governments from the shadows, and set economic policy .
This is particularly bad because our global economic construction and monetary policy is basically a giant fabrication. Money is printed / generated out of thin air, from other wealth that doesn't have much tangible existence, and then leverage over 10x, and this is all controlled by an incredibly small cabal. Forgot the '1%', it is more like the 0.000001%.
The situation is pretty bad and scares the beejuzus out of me. Because all the indicators point towards the same thing: our global financial system is headed for collapse. And instead of any policy or change being brought in to fix it, the banking cabal will wrestle against change to the death of the system.
Does anyone think that any of the 1st world countries will ever get out of debt? What does it say when the supposed richest countries in the world will be paying more than 60% of the taxes you give to them as interest on money that should not even have been created in the first place? And then, on top of that, most of the world largest corporations pay less than 2% tax. (
http://topdocumentaryfilms.com/tax-free-tour/ )
The more I read about economics this year, the more I see how crazy the situation is. Quantitative easing, all the way back to ancient equivalent in Grecian currency debasements in the ancient world, have never, ever, been able to enable a country to get out of debt. You can not inflate your to a healthy economy --- This should be clear. Yet because of the power wielded by the banking cartels, who are the strongest entity in the global world, we are following a doomed economic policy. This has happened 100s of times, and it ends with either war or revolution. With a lot of starvation thrown in for good measure.
The thing is, if the global economy completely collapsed, the people on the very top would be fine, they have enough actual wealth to get through anything. So for them, their behavior is not reckless, is just 'acceptable levels of greed'. Because of their personal natures, if the world economy was absolutely ruined and everyone not having enough to even survive, they'd properly still be focused on increasing their own wealth and profit in that crisis.
The reason the banking cartels are above the law is simply that: the individuals wield more money and power than governmental, elected civil servants.
The American Constitution was a strong beacon of hope against this state, with the constitutional directives such as basing a currency on gold and silver, and not being able to charge an income tax. However the citizenry did not fight when these were not followed (no easy task), and it is far too late to go back now, we are in the end-game, death-spiral.
