12-Year Old Girl Explains World Debt

April 27, 2012 at the Public Banking in America Conference, Philadelphia, PA 12-year old Victoria Grant explains why her homeland, Canada, and most of the world, is in debt.She spells out the fraud the banks are committing against the people. April 27, 2012 at the Public Banking in America Conference,

If you put 100 000$ in bank, bank has the right to give credit for 500 000$ to someone else based on your amount of money. This "law" is in all western countries, from Europe to USA. That means, 400 000$ dont really exist. But those 400 000$ will be loaned to someone, and that someone will take mortgage on his house/firm. If he can't pay it later on, bank will posses his house/firm. With no money from bank, they now have REAL possesion! As easy as that. Magicians