for anyone who knows simple truths and is not working for/in government or parties. Hindering free trade does not work. It had not worked in the past, it does not work in the present and it won’t work in the future.
Anyone who just visited this blog just once and read more then around 10 entries, could have seen that even someone like me could see it coming.
And here we go: Bubbles. I’ve never been in China, but if they do think building houses is creating wealth, well then they are total idiots. The problem is not house building, but having houses to be build and live in. What value has an empty house? It does not serve anyone, well it may serve someone to make losses, but I’m not sure how “nice” the governments worldwide react on constant losses.
And yet there is another bubble waiting to burst YASB (yet another stock bubble). The indices in the developed countries are beyond any “real” meaning. They just have rissen with the cheap money which do not finds any other profit generating opportunity. There is the new money from the central banks and it has to go somewhere. The debts are way to high worldwide and so the people really start getting more and more cautious. The theft worldwide is on the raise also, which means people must keep their money away from where it can be confiscated as easy as on banks. And there we are. People still would like to get what they like but they hesitate, because they feel that something in the air.
It’s the smell of demise. And it’s the smell of slavery. Of course it’s not named and treated as such bit the effects are the same. People do work for banks which ask for interest on nothingness. What a brilliant idea. You have to pay interest on things the bank do not even own. And you just can get your freedom if you do not depend on credit. As soon as you take the first credit for immediate subsumption, you are a looser. And this means a total looser, the only valid thing to take credit for is for something to help you earn your living. Credit for things of the daily life, just means they got you.
And still people do it over and over again. They go into slavery and are even gladeful to the slaveholders. Nothing is more dangerous for freedom but stupid and happy slaves.