The Global Casino of Capitalism

The Global Casino of Capitalism (Part 1)

Right now we are about 7.8b (billion) people on this planet. Our global wealth was $ 360,600b last year (2019). That means each of us owned around $ 50,000 on average, exactly $ 46,230.76.

Last year (2019) all of us produced $ 142,000b altogether. This means each of us earned $ 18,205.13 on average.

The richest person on earth increased his wealth from $ 114b to $ 183b last year. This means, he earned $ 69,000.000,000.00 all alone.

So the richest person on this planet earned $ 69b which is a bit more than whole Luxemburg ($ 53.31b) and a bit less than whole Slovakia ($ 89.67b). Where does all this money come from?

So, all of us increased our wealth by $ 142,000b, each of us earned $ 18,205.13 on average. But if the richest one of us gained $ 69b, then all of us had only $ 18,196.28 left. This means we all had to pay him $ 8.85 each, every single person on this planet.

The richest person on earth gained $ 8.85 from every single one of us last year. Where does this money come from?

The Global Casino of Capitalism (Part 2)

“Money” is created by Banks. So, all of us, all 7.8b (billion) people, had a wealth of $ 360,600b last year, meaning each of us had $ 46,230.76 on average.

In that last year (2019) all of us increased our wealth by $ 142,000b, so each of us earned $ 18,205.13 on average.

Therefore our Banks had to create these $ 142,000b within this year, so $ 18,205.13 for each of us on average. If they did it at an interest rate of only 1%, this sums up to $1,420b of debts out of interests. So each of us owed our Banks $ 182.05 of interests.

With an interest rate of just 1% our Banks created $ 142,000b, but we have to pay $ 143,420b in return. Each of us got $ 18,205.13 and has to return $ 18,387.64 to our Banks.

With a global wealth of $ 360,600b we have to pay back $ 364,206b to our Banks – given an interest rate of just 1%. So all of us owe our Banks $ 3,606b just for interests, each of us $ 182.05 on average.

Where do we take this money from?

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