POLITICS OF DEBT

Michael Rada
3 min readJul 28, 2020

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On July 21st, 2020 all Europe celebrate.

To be more precise, all politicians celebrate.

To be exact, few politicians call it VICTORY.

What and Why?

European politicians agreed to create the biggest debt in history, the call it plan, RECOVERY PLAN.

Reading through the articles, listening to the news in media, following the development online, it seems like every single member of the almost longest negotiation in EU HISTORY delivered victory

VICTORY OF POLITICIANS

DEFEAT OF NATIONS AND PEOPLE

The highest bianco check in history was issued and it was issued by usurers, who signed it on the side of both the creditor and the debtor, for all those who once gave them the right to rule.

POLITICIANS safeguard its own disability to act as a good housekeeper, defining loss as a victory. Their own salaries will grow, and seats and positions are saved for decades ahead.

CITIZENS have become tied up in debt for a generation or two in advance without the possibility of untying.

Within the last seven years, I was able to watch how the decisionmakers and economists approach slowly changed. In a short form, we can say DEBT BECOME PROFIT, or WASTING BECOME NEW INVESTMENT STRATEGY

Legalized by EU officers so as by many “world leaders” it turn the function of the economy upside down so as the understanding of the topic.

Just one day prior to the cheers from EU we have learned that GRETA THUNBERG won one million EUR prize from Gulbenkian Foundation and almost immediately she delivers a statement that she will donate the money to charitable projects that are combating “the climate and ecological crisis”.

When I was at the age of Greta, a long time ago, I have to deliver result, to be paid for. I work in fields picking up stones, in hop gardens to pick up the hop for beer production, I helped to unload and store coal and much more. After the work was done I get my money. Speaking in the value, I was very happy to get 100 CZK, 4 USD for the work, and it was lot of money for the son of kindergarten teacher and miner. From an early age, I have learned how hard is to make money working and I was very careful about every crown spent because not the sweets, but books have been waiting for my money. Books filled with stories I can take part just closing my eyes after reading. My grandfather, a university teacher teaches me how to write my own stories and I utilize that much more later starting on November 20th, 1989, and never stopped again.

When I see how easy ONE MILLION EURO (27.000.000 CZK) goes over the table, I just wonder if GRETA realized how much work was needed by so mona people to get the amount collected and if she ever considered that big part of organizations she speaks about never needed to deliver a result, to be financed by people who never get anything for free.

EASY COME, EASY GO

What remains are the debts and the burden, that was created by those who consider money are for free all the time to be found in pockets of others and on national bank accounts.

There have been many who believe in sharing the fruits, forgetting that no fruit can be served on a nice plate if not water, time, soil and the man deliver his or her work helping not only the fruit but the plate to become part of the rich man´s course.

Everyone can make a debt, but just some are able to work hard to deliver results for which payment would be used to pay it back.

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Michael Rada
Michael Rada

Written by Michael Rada

I am HUMAN. This is the only title you can find after 30 years in business on my business card. Since 2013 I build wasteless world. I am founder of INDUSTRY 5.0

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