http://www.economicvoice.com/a-new-world-order-is-coming-and-we-are-sleepwalking-into-it/50030268#axzz1yopkYhDu

June 19th, 2012
Author: Richard Henley Davis (online)

For the past six years or so our leaders and economists have told us that no one could have seen this financial crisis coming, they were lying.

There comes a point where you have to stick your neck out and say it as it is, regardless of what your peers and the media think about your conclusions and that is exactly what I am going to do today so here goes my reputation.

Let¹s start not at the beginning but a relative point of reference which everyone can relate to and I am deliberately going to keep this simple and not join all the dots.

In 2003 I began to notice that there was a very odd recurrence  every time I went to my local bank.

Upon entering said bank I was continually asked if I wanted to take out a loan or mortgage/re-mortgage under the premise of us being in a stable economic environment with assured house price rises and by 2005 the simple passing question of a loan by the bank clerk had progressively turned more and more aggressive.

As long as a person was able to sign their name, cheap credit was available if not almost forced on people, and so a culture of personal debt swept across the globe.