Economic Crisis

The history of the economic crisis. Part 1

Crisis is a word that involves any kind of problem that is taking deep implications, and when we mix it with economy, we found an awful problem.
Theeconomic crisis is living or reviving its worst seasons. It all started in 1775, when the American colonies tried to separate from England oppressive monarchy, because King George III prohibit theinterest-free currency that was produced and used by those Americans. His purpose was forcing them to borrow money from the central bank of England; he wanted them to pay interest. That was the way is usedto introduce the debt.
King George III actions caused the revolution because the Americans felt that they were becoming slaves.
In 1907, some important bankers (including JP Morgan) in the USstarted to build a plan to force the government to create a central bank (It´s an institution that produces and loans the money for an entire nation. It creates debt). The idea was taking advantage of theirwell-known financial skills and massive influence to drop a rumor that an important bank of New York was in bankruptcy; they wanted to create an economic crisis. Everything happened according to theplan, the rumor was dropped and the people started to take the money out of the banks, they run out of it and the crisis started. It was a big mess, a lot of important banks declared in bankruptcy andinternational bankers and investors bought them. In 1913, with the excuse of avoiding a future crisis because of people´s panic, and with some traps set by bankers and some senators, the central bankwas created and it was called THE FEDERAL RESERVE.
The objective was successfully reached; the bankers were taking control step by step of the US economy, they were playing with it as they wantedto and everything had just one purpose, to consolidate the monopoly of few bankers. The Federal Reserve was their puppet and they started to used it on their own benefit, because as few people may...