Samoa needs more debt “like a fish needs a bicycle”.
Power and money issues rest in the domain of politics, a seedy world that can be likened to a game of strategy, one-up-manship and make-believe. The devil offered Christ control of this world. He passed on that offer but others play this game well.
A debtor always justifies borrowing money. Who would naturally volunteer, “I’ve just bought a car on ‘tick’ but I really can’t afford it”?
Politicians would never say the words, “We’ve just increased our countries debt. There is no way the country will ever be able to pay it back, but we simply had to do it!” They’d be removed.
All is not what it seems in the corridors of power, and certainly the international mainstream media have difficulty doing anything other than presenting their owners’ perspectives. Their mantras are that debt is natural, even desirable; that the financial markets are a level-playing field; the Federal Reserve has the best interests of the economy at heart; economic theory says ‘this’ or ‘that’; monetary reform is only for quacks; conspiracy theories about the bankers are nonsense; politicians are the real decision-makers and other such propaganda.
While seemingly justifiable by our leaders’ silky words, debt actually has a terrific stranglehold on every nation in the world and this is no accident. It is deliberately designed to ensnare.
The bottom line is that global debt is increasing, national sovereignty is being undermined and instinctively we all know that something is wrong – very wrong.
The international bankers certainly have a very effective business model – creating money out of thin air and then lending it with interest to governments. For those who doubt this, conduct your investigation as any good investigator will advise you – ask questions and then follow the money!
Simple maths proves that borrowing money with interest is nothing less than just a dumb business decision, except for the lender and recipient of usury.
The modern debt-based global economy with fiat money is a far cry from a “gift economy” such as Samoa has been for centuries, where goods and services are simply exchanged without need for a cash or coin medium, and little need for indebtedness – certainly not usury.
Participating in the game of borrowing, debt and usury drags us down at any level (from personal, to family, village or country). It puts us into a never-ending merry-go-round and into the vortex that causes loss, pain, bankruptcy, and eventually death.
It’s probably too late now, but it would be a brave leader indeed who would break free from the clutches of international debt. It’s doable but would be political suicide.
From a biblical perspective, I fail to see any biblical grounds for debt. My bible makes it clear that debt is to be avoided, and that the practice of usury (the excessive charging of interest on the use of money) that entraps us, is a primary cause of most of the indebtedness and poverty I see in the world.
Dennis A. Smith (www.dennis.co.nz) is a Samoa-based author, blogger and CEO of the SWAP Foundation, home of Samoa voluntourism.