Tyranny of USury

Tyranny of USury means global financial crisis as it was materialized in 1929 which paved the way for World War 2.

According to the Weird/World Bank, the current financial crisis started with the collapse of several of the world's largest financial institutions, and has since turned into a global economic crisis. Countries around the world, rich and poor, are feeling its impact in all sectors.

The economic crisis is severely affecting many areas of people's lives and livelihoods, including employment, food prices, interest rates and the money people earn abroad and send back home.

Governments in the world's wealthiest nations are trying to combat the storm through large-scale economic stimulus packages for their economies. The IMF has called this the most severe recession since World War II, and has predicted that the global economy will shrink by 1.3% in 2009.

According to the IMF, the problem grew out of a false sense of security stemming from a long period of high growth, low interest rates and volatility. Bad policy also played a huge role, especially in 3 areas:

• Financial regulation—which was not equipped to see existing risks and flaws
• Macroeconomic policies—which did not take into account the build-up of risks in the financial system and in housing markets
• Global governance—lack of cooperation among experts and senior policy makers got in the way of detecting early warning signs; there is a pressing need for sustainable and inclusive globalization.

World events do not occur by accident: They are made to happen, whether it is to do with national issues or commerce; and most of them are staged and managed by those who hold the purse strings. Denis Healey Former British Defence Secretary

We all are victims of "Tyranny of USury" which enslaved and ensnared all of us in a web of debt. USury if we see it in the light of Islam. It is mentioned in Koran that who don't stop eating USury then there's an open war against them by Allah and His last Messenger later by His followers.

It is also mentioned in Hadiths about USury Mohammed(pbuh) once cited

"Usury has seventy parts, the least important being that a man committed incest."

Usury is largest sin in Islam after Shirk which was forbidden almost in all major religions yet it is impose on our financial and economical issues. I'd like to say that whole financial system is based on USury without it we cannot think to do a business nowadays.

I think we are in for a recession or maybe even a depression but I don't think the Banksters aka Gangsters is ready to stop their Tyranny of USury just yet. I guess, this could be part of a larger scenario leading to World War Three, similar to the role the Great Depression played in 1929 till 1945.