DWQA Questions › Tag: economic cycle
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A viewer asks: “We know the derivative crisis in 2008 was caused by the bankruptcy of Bear Stearns and Lehman Brothers, and the subsequent refusal on the part of political and financial leaders to bail out these firms – causing a cascading series of margin calls that could not be met, and coming extremely close to having the entire global financial system freezing up and collapsing entirely. As such, this was a gun to the head of global politicians to allow all forms of money “expansion” (actually new money created out of thin air with no backing whatsoever other than debt) to proceed unchecked and unrestrained, and even unaudited. As a result, the system was saved, the big banks were bailed out, the American automotive industry was bailed out, etc. Did the Extraterrestrial Alliance fully intend to collapse the global financial system at that time, and was divine intervention the way it was prevented?”
ClosedNicola asked 4 years ago • 
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