speculation the EU way

Friedrich Dominicus — Thu, 13 May 2010 07:43:00 GMT

Well as written before the politician (sorry deledes) do blame he speculant. Well I wonder what this guys have done to envforce the EU and US to pile up debt as high as roughly around 25 000 000 000 000 US-$. How did they do it? I really want to know. I'd add a few extra trillions. Well no I guess it is not possible. It's just "democratic" decisions to live out ouf any "economic" bound. Howerver bounds are not without a reason bounds. You sooner or later have to stay within their borders. Or you will be brought back by "reality". The deledes ability to ignore reality is just "miracolous". Or simply "stupid", feel free to choose. How can we get rid of this maniacs. Votes won't help and so there must a another way to protect "normal people" How about- - ending the central banks - ending the fractional reserve system - best abolish the central banks (no rendor of last resort no safety net for defrauders - prohibit states to issue bonds. You do not need any other means for it, and suddenly this kind of probems simply vanish. But of course it means less power fo deledes and that obviously a double no-no.

TARP the EU way

Friedrich Dominicus — Tue, 11 May 2010 17:07:00 GMT

Yeah guys. the TARP money has "vanished" like snow in the sun. Nobodoy know cares or ask where it's gone. Now the EU has seen it and though by themselves. What a great thing. Money for nothing and the gigs for free... And voila now it's there the EUR TARP program. Well it's not Troubled Assets Reliefe Program for banks but TMMAR (take my money and run) for defrauders. Greece is the first which will take this money, of course they will not thank the EU for buying them out. No that would be for "normal people", Germany is "enemy" number one and well Germany is the biggest payer (well they pay with debts not even fiat-money, but that's another story) Welll so the start are around 22.4 Billions. Well the "planned tax releaf was 24 Billion. But now the "iron" cancecellor has cancled it. It's not tax relief the next 3 years. It's more important to safe other countrioes and especially the Euro. But how can you save a currency if you devaluate it? I don't know the US has started the big number game and now EU starts their game. Who will went south first? Who will be the winner. Could it be that the Chinese just can't get to sleep because the laugh at us? Could it be that now the Chinese simply buy whatever they can an "extend" their market place? Just see what they do in Africa, the help buiding the infrastructure and get crucial things in return. Germany and the US simply do not get that an burn their money in wars without sense. Yes I think it could be the chinese time. Howerver be cautious to not get in conflict with the Partei..... If the chinese would be clever they'd bound their currency to something of value and soonner or later they will get all the US and EU area stuff for "an apple and an egg".... On the other hand just imagine China starts selling their US-$ Bonds.....They do not even need an apple or an egg, civil war will finish the US and EU and they litereally get it all for "free"... Exaggerations? May be, but just tell me what worth is the FIat money? Indeed nothing.... It's just numbers on a paper.... However just see this numbers 8 700 000 000 000 750 000 000 000 The first is the "total debt" of the EU countries, and the second is the TARP money. It's not even 10% of the "open debt sum". Now tell me something about leverage.... How much worse does it have to get before start improving?

F Dominicus Blog : Debts, fiat-money

speculation the EU way

TARP the EU way