A quick read, but very insightful, highly recommend it. https://www.goodreads.com/book/show/203175664-the-great-taking>"The Great Taking" is a book and a concept, primarily associated with author David Rogers Webb, that posits a theory about the potential, legally-orchestrated seizure of all private financial assets and property as an "end game" to the current global debt cycle>The Core TheoryThe central argument of the book is that, through a series of incremental changes in national and international law and the architecture of the global financial system dating back to the 1970s, client assets held in financial institutions (stocks, bonds, bank deposits) have been reclassified as collateral that can be legally "taken" by powerful, protected creditors during a systemic financial collapse. >Key aspects of the theory include:>Legal Redefinition of Ownership: The shift from physical stock certificates to digital "entitlement holdings" has fundamentally altered property rights, allegedly allowing banks to use pooled client assets as collateral for their own trading.>Global Harmonization: These changes are presented as a coordinated, global effort to override national property laws and concentrate risk within central clearing counterparties for the benefit of a very few people who control all central banks.>Scope of Seizure: The book claims that if a collapse occurs, all financial assets, bank deposits, and underlying property of public corporations could be seized. Even privately owned personal and real property financed with any amount of debt would be at risk.>The "Protected Class": The theory suggests that specific creditors are explicitly referred to in documentation and law as the "protected class," positioning them to seize assets in the next financial crisis.
>>523902668We have more guns than they have guards. Problem solved.
>>523902936As we've seen in recent years people won't do shit and just accept their fate
>>523902668i owe shitloads in loans but havent looked at my fico score in yearsthe other day i got an email telling me it went upinflation i guess?weird thoanyway, sounds good to me, OPhuman free economic theory seems to be inherently environmentally destructive
le bump
>>523902936They will seize control of water, power, sewage, and food supplies and trade them for compliance, same as we did in Afghanistan