Tuesday, March 2, 2021

Fake Estate



Fake Estate

In the year twenty, twenty,
the bankers bought up the stocks,
to cover failed markets,
and all the boarded shops.

Crisis deepened on the hill,
reset whispered from abroad,
silence from your TV screens,
in league with money gods.

Inflation comes to market homes,
all packaged and out of reach,
or made you a millionaire,
with wall street about to breach.

What’s the fate of all those homes,
when markets go into shock,
those million-dollar dwellings,
of sawdust plastic and chalk?

Here’s a simple prediction,
when inflation goes to red,
those banks will come a knocking,
take everything but the dead.
-------------------------------
By: The Activist Poet

About this poem: The cost of housing in Canada, and indeed the world has reached the point where only the very wealthy can afford it. In Quebec Canada 1962, a three-bedroom bungalow cost $12,500.00. Housing was affordable for everyone; all under a different banking system than the one we have today.

However, a change in the US banking structure by Richard Nixon in August 1971, started a run of inflation around the world some of which was driven by an increased price for oil. By 1974 the IMF forced the Canadian government to borrow its budget money rather than creating its own debt free money by setting in motion a fraudulent system of borrowed debt payable to the private banks which of course are owned by a small group of wealthy criminals.

Over the subsequent years, Inflation, job losses, wage stagnation, and Asian outsourcing has caused a steady decline in the Canadian standard of living, and Canada is one of the wealthiest resource nations in the world but even that has been captured by the same wealthy criminals through privatization. If you’re friends with the government, you get to cash in on Canadian resources while the Canadian people see none of the wealth generated by their own resources.

Today in 2021, housing prices have gone through the roof due to greedy banker inflation. Our children and Grandchildren will not have housing all due to the private banks and their criminal system, not unless corporations pay people the rate of inflation which of course they never will. Big business have kept wages down for the past thirty years and are fighting tooth and nail against the raise in minimum wage. Yet, even if a $15.00 minimum wage is enforced, no one will be able to afford a house as 99% of the jobs pay less than where inflation has taken basic living today.

The government, mainstream media and society itself through its greed are to blame for allowing these corporate and banking criminals to get away with fraud and theft. In the end while rigged markets are bailed out by debt instead of crashing through bankruptcy and fraudulent management, inflation will be allowed to erase all the value you had in the bank or the money you thought you had gained by the value of your home…hyper inflation will see you get none of it. Maybe we can build new homes with imaginary bit coins since printing money is too costly. But then again, maybe we need a real revolution to take back what belongs to all Canadians…same goes for all the other western nations experiencing the same thing.

No comments:

Post a Comment

New Book - The Shard of Asclepius

The Activist Poet

Poetry & Prose

Best Rock Music of 2021

World United Music Promotions

Art & Expression of SF Brennan

Healthy Athletes and Heart Problems After Getting the Jab