"Crazy" - The Complete Story Of Debt, In A 40 Minute Video

Tyler Durden's picture

Real Vision TV's Grant Williams offers a true look into what is known as an absurd debt level and unimaginable central bank manipulation.  Less than a week ago we highlighted Grant's comments on commodities.  Although the information contained in the video below is nothing new to Zero Hedge, we do enjoy the way the information is presented.  Set aside some time to listen as Grant tells a story about debt and the current investment landscape.

Grant sees people "with more power than you can possibly imagine" as the ones responsible for experimental economics that led the world down a path of self destruction.  

"I don't think there is any argument about whether or not the central bankers of the world should have done something in 2008.  The question is 'should they still be doing it 8 years later'?"

We recommend viewing the entire clip


To find out more about Real Vision video on demand for finance, visit: https://realvisiontv.com

To see more presentations from Grant Williams, visit: https://realvisiontv.com/landing/crazy

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Hohum's picture

Sure, central banks are evil and should have stopped 0% long ago.  However, the system has promised more for everybody and cannot confess to what awaits: a world of less.

Troy Ounce's picture


The gold standard in 5..4 ..3  

JohnG's picture


Not in any developed nation.  It can't. 

The (central) bankers will never admit defeat, that they were wrong.  They are too arrogant - sure of thier own knowledge that they can force the world to do what they predict should happen.  Problem is - trying to apply principles of physics to human action is a serious error and very serious mismatch.

What they will do is negative rates, ban cash. charge for deposits, trying to force spending.  When this fails they will just take your money.  These sorts of perverse things will happen.  People will wait to deposit checks, prepay credit cards to escape confiscation, excessivly age receivables.  It gets worse and worse.

Until the currency collapses.

Bu, do buy gold. 

And stock your bunker because this will be very, very bad.

Gold may be worth something on the other side.

Four chan's picture

ruined countries need more dept that's why they do it, for the interest. they are soulless and pathological in the quests of money and enslavement of those around them. it took them a while but they have proved hitler right.

CC Lemon's picture

lol. The "other side" may be generations away.

css1971's picture

Gold doesn't protect you from fractional reserve banking. In fact FRB was created allowing banks to extend credit when there was no additional gold available. They go hand in hand. So gold doesn't solve the problem


That said. I also own gold.

Seasmoke's picture

Debt = Slavery. 

Sam.Spade's picture

"I don't think there is any argument about whether or not the central bankers of the world should have done something in 2008..."


Anyone who can make such a stupid statement has nothing to contribute to the discussion.

WTFUD's picture

The writing was on the wall when the Elite agreed unanimously that it was OK TO FAIL and from that day forward the need to succeed took a back burner. FAIL = BAILOUT = FAIL BIGGER.

ACES FULL's picture

Debt?  What debt??

Hillarys Server's picture

Down, Paul, down. Hug your Nobel prize and go back to sleep.

ACES FULL's picture

Can anyone answer. Is Real Vision worth subscribing to? Sure has been pimped a lot lately,just wondering if it's justified before I sign up.

ACES FULL's picture

I just finished the above video and I'm sold. Just confirms alot of what I already feel but I liked the research,charts and presentation.

1007's picture

I like it alot, the really good videos like this one make it well worth the cost imho. The interviews with various managers are often very good.

Waktu's picture

Real vision is awesome and totally worth it. Great thinkers and good argument in 60% of the videos and a Few new ones every week. I think they have a trial week now.

Fiat Envy's picture

I thought about it for a long time and am glad I signed up.

Waktu's picture

Interesting times now days. I wonder how long this crazy ponzu can go on, feels like we have been close to the end for a couple of years but now it's getting really hot

WeTheSheeplez's picture

Am I the only one that can't see the graphics clearly?

BobbyRay's picture

I can see it fine.  Maybe go to full screen.

BobbyRay's picture

I can see it fine.  Maybe go to full screen.

ISawThatToo's picture
ISawThatToo (not verified) Jul 6, 2016 7:36 PM

Banbait #365

The Khazarian banksters grift into existence the fiat-debt they fence to you as a "loan."

Being theft, you do not owe them, but it is they that owe you. You already paid when they stole your bank deposits and inflated the price of food, gas, and insurance.

yogibear's picture

Central Banksters think they are so powerful that they can even fly.


“I trust that many of you are familiar with the story of Peter Pan, in which it says, ‘the moment you doubt whether you can fly, you cease forever to be able to do it’,” he said.
“Yes, what we need is a positive attitude and conviction. Indeed, each time central banks have been confronted with a wide range of problems, they have overcome the problems by conceiving new solutions.”

- Haruhiko Kuroda

Radical Marijuana's picture

That was certainly a worthwhile video to watch, and so, I added it to my collection of Excellent Videos on Money Systems.

I repeat a couple of my favourite quotes to keep in mind regarding central bankers and debt:

There are no reasonable doubts about the basic history of
the currently established systems of public governments
enforcing frauds by private banks
as described by Carroll Quigley:

"... powers of financial capitalism had another far-reaching goal, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole ... to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements. ... The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations. ... It must not be felt that the heads of the world's chief central banks were themselves substantive powers in world finance. They were not. Rather they were the technicians and agents of the dominant investment bankers of their own countries, who had raised them up, and who were perfectly capable of throwing them down. The substantive financial powers of the world were in the hands of these investment bankers who remained largely behind the scenes in their own unincorporated private banks. These formed a system of international cooperation and national dominance which was more private, more powerful, and more secret than that of their agents in the central banks."

"If history shows anything, it is that there’s no better way to justify relations founded on violence, to make such relations seem moral, than by reframing them in the language of debt — above all, because it immediately makes it seem that it’s the victim who’s doing something wrong."

— David Graerber

"Monetary mandarins," operating as the public face of central banks' monetary policies, are the agents of trillionaire mass murderers. The existence of central banks is due to the development of sociopolitical systems whereby public governments enforce frauds by private banks, which amount to legalized counterfeiting, which have become the manifestation of ENFORCED FRAUDS BECOMING EXPONENTIALLY MORE FRAUDULENT.

Although the video embedded in the article above was well worth watching, it is another example of the relatively superficial analysis of the deeper problems that civilization is controlled by systems of legalized lies, backed by legalized violence, which are necessarily spinning out of control, and becoming increasingly psychotic, because being able to back up lies with violence never stops those lies from still being false.

The existing political economy has become almost totally based upon being able to enforce frauds, whose successfulness has become exponentially more fraudulent. The central banks' monetary policies are based upon that foundation, and therefore, are becoming exponentially CRAZIER! Since almost everyone has adapted, for generation after generation, to living INSIDE systems based upon being able to back up lies with violence, the degree to which almost everyone takes for granted those lies is barely possible to exaggerate.

It is NOT merely that the "lunatics have taken over the asylum," but that the most criminally insane inmates have taken over the asylum. EVERYTHING that the central banks are ABLE to do are based upon the long history of civilization transforming violence into the language of debt. In that context, the public faces of those central banks are mostly academics, who were picked and promoted because they were the best available professional hypocrites, who could advance the global agenda of trillionaire mass murderers.

To provide some historical background to the particular example of Japan:


Princes of the Yen: Central Banks and the Transformation of the Economy

After the Second World War, Japan was subjected to the international bankers regime, and subsequently was systematically driven to submit more and more to the directives issued by the international bankers, through their various institutions, such as the Bank of International Settlements, as the central bank of central banks. The "corroding" of Japan was due to the degree that Japan's history made it particularly subservient to the dictates of the international bankers, regardless of how destructive that would become to Japan's national interests.

In general, there is no practical benefit delivered to individuals by recognizing the ways that the previous systems of paper money frauds, backed by gunpowder weapons, have rapidly, and relatively recently, within the life time of those still alive today, become globalized systems of electronic monkey money frauds, backed by the threat of force from apes with atomic bombs. Moreover, generally speaking, "investors" enjoy no personal advantage from recognizing the deeper degrees to which civilization is "controlled" by the excessive successfulness of organized crime, which has resulted in the exponentially increasing enforcement of frauds becoming runaway criminal insanities, which is CRAZIER AND CRAZIER, and spinning out of control to degrees that are no longer possible to fully imagine or completely comprehend.

Given that money is measurement backed by murder, for those to become globalized electronic frauds, backed by the threat of force of atomic bombs, have enabled the Peter Pan faith in the State Religion of the privatized monetary system, to keep itself flying. In particular, the American Dollar and American Military, which became the central core of the combined money/murder systems, have become like flying unicorns, and flying dragons, whose sheer impossibilities are the only things that are keeping them in the air.

Money made out of nothing as debts have been leveraged frauds, which have been able to exceed the ratio of 100 to 1 electronic frauds to physical economy, while those developments have been backed up by the credible threats of weapons of mass destruction, to actually be able to kill off the planet Earth more than 100 times over. In that context, it is not feasible to imagine how enough human beings could "wise up" with respect to how criminally insane civilization has become, due to the long history of social successfulness based upon backing up deceits with destruction, morphing into enforcing frauds.

Within that context, that video concludes with typically bogus "solutions" based upon superficial assessments of the problems. I sympathize with how and why people like to pretend to themselves that it is possible for them to somehow "prepare" for the runaway criminal insanities of globalized electronic frauds, backed by atomic bombs, such as through possession of gold, (or by investing in US treasuries, etc., as the particular national money which is most backed by the most credible threats of that nation to cause mass murders.) Furthermore, I sympathize with the relatively practical views which accept that the world is getting exponentially CRAZIER, and yet, endeavour to develop some personally sane responses to that. HOWEVER, most of those investors are NOT willing and able to face the facts that money is measurement backed by murder, and therefore, NOT able to come to better terms with the problems that globalized electronic frauds, backed by the threat of force from atomic bombs, ACTUALLY PRESENT, in ways which are automatically getting worse, faster ...

ft65's picture

As an eight year old when my parents replaced a 30 year old fridge, I went through a short period fearing for the future. I asked my mother what the fridge making company would do to sell more fridges once everyone had a new one. She explained to me that there were lots of people around the world who would need fridges and even sighted the millions of Chinese. I reluctantly accepted the answer.

Fifty years on, my parents in their late eighties, that very fears has returned. This time my mother has no answer, nor does it seem anyone else. This video was just about the economics of "developed" nations. Now there is a deluge coming from the undeveloped world. It took to this point for 52% of people in the the UK to see some-thing's horribly wrong, the thing I spotted at eight. Oh for an answer.

Paul Morphy's picture

The Bible teaches "neither a borrower or a lender be"


I enjoyed that presentation. The historical analysis is excellent. It puts in to context just how fooked the financial system is.

brushhog's picture

I wish there were more articles geared towards what individuals can do to protect themselves, rather than just a constant stream of doom. OK I get it, the world is going to shit, so what the fuck can I do about it? If I cant do anything then at a certain point whats the use of even reading about it?