Schlagwort-Archive: economy

Another 12 billions on their way

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The highest court in Germany will start “thinking” about the lawsuits tomorrows. This were initiated a year ago before the first money was transferred. Just imagine you know a defrauder, he is caught and one year “nothing” happens. That’s the situation of the “greece helpers”. It’s illegal, it’s against the no-bailout clause. and guess what nobody cares.
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In fact Germany violates the treaties for the Eu convergence critera. Just hat anyone can remember. 1) not more than 60% debt of the GDP, b) not more than 3% new deficits a year. Nearly no-one fullfilles this things and what happens? Exactly nothing. Greece is beyond 150% new debt of the GDP and probably that’s the most after Japane which over 200% debt /GDP.
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Just imagine you will among the richest men in Germany with 12 Billions. Probably among the top ten earner. And at the top of this earners Aldi stands. And they exist for now 50 years. So the worth of 50 years of work and service to the people gone today. For scammers. And still the same responsible for the scam are in charge in Greece. Everything they have done was lying and stealing but giving them more money is without alternative?
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Has the “Endkampf” begun?

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I wonder if we see the last tries for the social-democratic parties? Just imagine the following two numbers:
8 700 000 000 000
14 000 000 000 000

That are the debts of the EU and the US. Both are currently riding on “experts” like Krugman, which say Inflation is not a problem
I just suggest looking up hyprinflations in the last 60 years. Politicians seem to be unwilling or blank stupid to not learn such things from history.
If things break down, the only think which “survives” is free trade. You can not stop it by any means, you can call it black market or whatever, but
it’s what people do to “survive”, and there all “political power ” simply stops… As long as we give politican the power over and over and over again
to manipulate money, we are asking for a bankupt (more sooner than later). The last european country bankruptcy is now Greece. See what happens over there.
Violence, protests etc. That harm was done 99.5 % by Politicians. I propose to think over how such things would be handled in an economic sound environment.
It means an end to the “current” leaders and other take over. Things to not de-evaluate completly, there are always things worth something and
others pick it up and make money out of it. If you try to “fight” such things, the problems surely pile up higher an higher an higher. The saying. The higher the climb the deeper the fall
never ever will be proofed wrong. Sure the EU has probably bought some time, but who can expect that “suddenly” the same in charge will suddenly proceed responsible?

I will not say they can not learn, but chances are slim they really do. Do I really have to point out some open questions?
– What good has the TARP money done?
– What good has the German FmStg done.

Now we do not even have to speculate about a few banks, but whole counties and countries. See what’ has happened to the 8 larges economy in the world they are
bankrupt, by any practical means. See the troubles spots here in Germany, where complete cities go down the drain. This all has to do with “bad economic” behaviour. And what happens?
People take their stuff and “go”. We have thousands of examples here in Germany where politicians have harmed the people, but still they are there and well it’s alway not
their fault. It’ s the circumstances, the speculator, the other politicians, the stupid people and whatever you can think of but never ever the own stupidity or inaptitude.

How can that be suprising if the only thing which can happen is that you won’t get re-elected? You get paid nevertheless, you do not have to please customers you just get paid from “the governement”.
If you looes a few millions, well bad luck but it’s not your fault it’s the agencies like Goldman Sachs, Young or whatever which have deceived the littel poor politicians. They handle sums in the millions and billions but
are not “responsible” they have to follow laws, regulations and if you follow the regulations you never ever can be guilty, can you?

We have decoupled the bearing of failure of successs. Just see the last 750 Billion raid in the EU. Greece has lied to the EU, it does not matter. We have laws against taking over debts of other countries in the EU,
it does not matter. Now the money was “celebrated” as a big win against speculants. So this was judges as success (well one should be carefulw with victory, Phyruss has put it properly) . If you think German papers just name it “a big raid” well think again. You have to read the Züricher Zeitung, to read a proper comment about this “gamling”…. And even the “independent” TV-stations just repeait the “mantra of the politicians” It’s the fault of the speculants. Well they do not mean the politicans with that…..

Much trouble ahead

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Ok now it’s “nearly” done the great Country Pontzi Scheme goes on. The EU will decide (whith high likliness) that 110 MRD new credits
will be given to Greece. Germany alone has to “bear” 28 MRD. Interstingly enough the first number has been 8 MRD now within 14 days
we get an 350 % increase. Currently Germany has to get new debts to pay for old ones. Now how long can such a thing persist?

Ah yes there are treaties which mean. Live within your financial bounds. But they are not even worth the paper they’re written on. As a a single person you
do not have the slightes chance to go to court for such things.

Because of all this I invented (maybe someone else has done it before ) a new term for politicions. In Germany it’s delebets, in Englilsh it probably will be
DEmotracic LEgitimized DEfrauders. Soo its deledes. I’d prefer to use this term in the future. I’d encourage you to use it also if you seem it fit.

F(B)ailouts

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This time it really gets miserably. The EU is considereing bailing-out Greece. How great is that, the one-eyed should lead the blind

Greece is a nepotism, the current “helpers” are on their way to nepotism. Nepotism leads to bancruptcy and so we all are heading towards it. Anything learned? Not a bit. So what can we do. I just can see one way out, introduce real-money any forbid that governements can lend. All other ways will sooner or later lead to YAF (yet another failout). THE EU should not spend one cent, Greece should left the Euro area and get their business done.

The most important now for Greece is introducing free trade (not bought trade). So every one takoing a cent of bribe money, is excluded from every public job. No excuse is accepted. Accepting bribe money is the counterpart of free trade, it’s conspiracy. So 2 sides (one side the “allmighty governement”, do make deals which, let to trades for “unreal” money. And it surely means it will be much more expensive for the governement.

So as long as we do see that bribe money is handed over in “quantities”, Greece should be left alone. If they’d had to leave and would start having real-money, they will recover very fast. If we sink in extra Fiat-money, they will loose and we’ll  loose also.

 

 

 

 

 

The “allmighty” politicians

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An intersting example of farsight of politicians. As some of you may know Greece, has terrible hard times with their deficits. some suggest that it has to be excluced from the EU currency area, however there are not provisions for such a  case. And now the others are navigatint along a path which is against their own given laws. as pointd out e.g here http://wirtschaftlichefreiheit.de/wordpress/?p=2636 (!! in German)

In short the paragraph says no country  has to bear the debts of another country, but now they are “considering” giving debt guarantee to Greece. This is simply perversion of justice. Germans are hunted for tax evaded, while buing stolen data from someone having worke in Switzerland. The have choosen a similiar failout plan as the US and they have dispossessed the owner of HRE.

You see the tendency? I guess you are not suprised. One intervention asks for the next one and sooner or latter you are trapped. You can just go on with stealing for a while, if theres nothing left, all ends in misery. Especially we Germans have a lot of experiences with starting from “scratch”. Do we really have to prove it yet another time.?

 

 

 

It’s that easy

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I cite from:

http://www.time.com/time/health/article/0,8599,1962294,00.html

“That’s in part because of global warming — hotter air can hold more
moisture, so when a storm gathers it can unleash massive amounts of
snow.”

Well it’s not that dumb seeing alone, but seeing it together with the miserable data base of all the temperatures, the reasoning is clear.

It’s getting colder and/or it’s having more snow because it’s getting warmer.

So in some areas the warming will yield less rain etc, in other regions it will yield more snow and in other areas, nothing will happen. But it’s all because of global warming. It’s not because climate is changing constantly it’s because of our CO2 emissions or maybe, our breathing. At least we know we breath O2 and give away CO2, so the logical implication is. Get rif of 90% of men and all problems are gone….

 

 

Not very encouraging

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Bloom of Doom V: “We have control of the ship, we have a plan”

 

Or maybe not? Is doomsday not that far away, the day the slavery through governement will end (for our “politicians”)?

I guess the answer will be we’ll see utterly nonsensical laws. I bet we’ll see the “dogs-not-eating-dog” agreements, maybe

a “fair-game” economy or something along that lines. And I could imagine the only thing we’ll here from our politicians:

“give us more money, and abondon all our rights”, “taxes are good the more we get from you the better it will be for all”