Schlagwort-Archive: beyond markets

von Mises run

well yes there are no good news. There are currently just bad and worse news.

Now it’s the spanish banks, another 100 billion. I wonder from where that money comes. And you know the answer. It comes from new debts and this debts
have to be beard by the tax payers. Oh yes they won’t honestly higher the tax immediately, but the invoice will come. And it’s always those who have and live within
their financial limits, which have to pay. I guess it will be as usually. The inflation will be driven up, the tax is driven up and those not paying taxes will not even recognize, that’s somebody get’s robbed.

The different loosers in the different countries are cheering another looser. Really they tell, what a good thing that Spain takes the EFSF money. Well you can see it’s not the idea of market which prevails. It’s from a to z socialism pure. And every socialist country get bankrupt within around a live span of a man.

And again the best safety net for the savers would have been sound money, and there you have it. The last we get is sound money. We’ll see more money printing, more card houses of debts. I know it’s stupid, people with at least a slight idea on economic thinking know it’s stupid and yet those who know will get overturned by the majority. And as we can see e.g in France the majority just is stupid as wood. I really wonder how the French think Hollande will pay for all “his” promises. They really must think the state is a money spender. And they simply do not get it that it’s robbery which keeps the states afloat. One should not wish bad for others, but I feel it is needed that they suffer under exact the conditions they seem to prefer.

And it’s now starting to get really worse. The banks are bankrupt and the states a bankrupt, and the stupid people still believe the state can steer anything. They are steered and it will show, and the more they deny the facts (money has to be earned) the more devastating the outcome.

End of the boom?

Well times they are changing ant it seems the car manufacturers are entering really rough see. The selling in February are down to a minimum
back to at least February 2003. So indeed we know we’ll see what will happen. If the sellings should be that low through the year, I bet we’ll
here of a new round of subsidies.

Why do I think that, well we have bail-outs for banks, states etc. and we had the paying of 2000 € back in 2009 or so for buyers of new cars. And
we know that there are markets and banks and there are system relevant banks. The former can go out of business, the later shall not.
So I guess this will be after the markets. A new play ground for politicians and a new incentive for the mangster (manager + gangster) to start
getting system relevant.

As we also have learned with Greece, the bail-out are not to help the Greek but to help banks and insurances and pension fonds. So yeah it seems we do
not just have system relevant banks but system relevant insurers. So why stop here? I guess sooner or later we’ll get system relevant car manufacturers.
And quite a few more, till we all are system relevant but could not be “bailed”-out any more. Gods moves may be mysterious but the way of our
good-doers are very obvious. Poverty for all with the double-speak saying “wealth for all”.