Read it, try to comprehend it

Bad, the link is gone, so be it. No idea how to get it back. Sorry guys…

Yes Paulson and Bernake surely knew what’s going on. Their only plan is to avoid that, and read the fine print “it’s the end of your econmic system”. Let’s assume it’s true. Then the system has proved to be unsustainable now. It does not mean it will show this unstustanability later. But guess one enlarges it’s life artificially . Will the end be more merciful?

This plan does nothing for a softer landing, it’s just prolonging the suffering. If at least one could see some effort addressing the base problem: too much money creation. Is there anything provided for limiting it? What’ll happen if banks has to back up their loans with much more own capital. Even a larger distrust could be suspended. The leverage in all the loans and assets is it what has lead to this plight. The leverage must be broken. The bailout-plan has nothing in it for that. So it’s not a plan it contains no “healing” component. It’s making the same error over and over again just with “more hot air”.

Now let’s see. If the system would be fundamentally fine. Why the hell can it not cope without this “money infusion”? The 700 Mrd are nothing in comparisan to the “real” money held in the system. How comes that this system can not even deal with less than a few per cent of what they deal with every day?

Schreibe einen Kommentar

Deine E-Mail-Adresse wird nicht veröffentlicht. Erforderliche Felder sind mit * markiert