Global Economic Collapse

    Bullionbulls,


    also my appreciation for your constant sophisticated lines you post here.
    Yes, I can fully understand that a thinking man needs a valve for having to deal
    with constant BS in our (media) world.


    pert. Canada: I didn´t know that your economy is in such a bad shape; I thought it was more like Australia´s booming one.
    For US citizens and only for those you must have become a real refuge I thought.


    pert. Corporationism: I recently read that our society and esp. the US one has already reached a form of mild facism. Not using this term lighty it means an amalgamtion of big corporation with government, military as a means of foreign policy and the installation of endless campaigns (wars) on terror, poverty, drugs.....which in realtiy is only a vehicle for control and infringement of liberty.


    Thanks for your comments Buddhalf.


    First, with respect to Canada's economy. 25 years ago it was CANADA which was the big dead-beat debtor of the West - thanks to having a (so-called) "Conservative" prime minister. I don't know about Europe, but in North America "conservatives" are people who like to SPEND as much as "liberals" - but refuse to TAX anyone. Thus in North America "conservative" is now a synonym for "deadbeat".


    Canada has (once again) had a Conservative prime minister for 5+ years now - and once again we are a deadbeat economy with record deficits. Canada's economy only looks "strong" when compared to the U.S. and the PIIGS.


    Secondly, regarding your comment on "fascism". This is a word we use ALL THE TIME on our own site. It is the PERFECT word for the political evolution now taking place across the West.


    In that respect, I was a guest on Jay Taylor's "Voice of America" radio show - where this was the entire topic of discussion. I hope those interested in this topic will have the time to listen to this broadcast. My own apperance starts at about the 38-minute mark of "Hour 1", and then the first 2/3 of "Hour 2"...


    http://www.voiceamerica.com/Show/1501

    Western ‘Pension Crisis’ Reflects Investment Incompetence



    A Reuters article published today tells us that (once again) dangerously under-funded Western pension funds are lurching toward a “crisis”. In some respects, a pension crisis in the corrupt, debt-bloated economies of the Western industrialized world was inevitable. The massive accumulation of debt is a large and relentless “drag” on the economies of these nations – guaranteeing lower rates of return over the long run for most asset classes. This is coupled with the massive “pension overhang” of the spendthrift baby-boomers, who not only buried our nations in debt, but then squandered most of their own wealth in mindless consumption.


    Proving, however, that you can always “make a bad situation worse”, the administrators of pension funds have also mirrored the incompetence of most mainstream financial advisors – who have gone from being architects of “wealth creation” to the implements of “wealth destruction”.


    The proof of the utter incompetence of almost all these suit-stuffers is abundant, and it starts with the Golden Rule of investing: “buy low and sell high”. What do we see virtually all mainstream financial advisors and pension fund administrators doing today? They are selling equities (which have been plunging in value), and (so we have been told) are paying the highest prices in history to buy U.S. Treasuries.


    In other words, all of these investment “experts” are doing precisely the opposite of what they should do if they want to make money (for their clients/beneficiaries): they are selling low and buying high. Of course “buying high” is an enormous understatement – given that the “value” of any/all U.S. Treasuries is zero (or close to it). Again, this is something which can be demonstrated in various ways.


    Former Reagan economic advisor, Professor Lawrence Kotlikoff states unequivocally that the “correct” figure for U.S. indebtedness is not the $14+ trillion fantasy-number universally referred to as the “U.S. national debt”. Rather, the correct figure should be $211 trillion, he argues.


    There is nothing surprising here. It is common knowledge that the U.S. government is hiding countless $trillions in “unfunded entitlements”. All that is “debatable” is the precise time frame over which we want to count those liabilities. Ultimately, the precise number is moot – as even the lowest possible estimate of the cost of those entitlements is utterly beyond the financial capabilities of the U.S. government (by at least a factor of ten)...


    Full commentary: http://www.bullionbullscanada.…nal-commentary&Itemid=133

    Thanks for the link, Bullionbulls, hope I ll find the time to listen to it.


    The term fascistic still sounds too strong a word in my ears yet I can see that it must be sth. like that.
    For what happens right now is so contrary what we have learned back in school f.e. .
    Freedom of choice, Federalism, subsidiality, self-responsibility, spirit of enterpreneurism, check and balances, importance of constitutions.......
    it seems to be all gone.
    It is freakin scary !!!
    Almost waking up in a orwellian world where everything is just the oposite what it supposed to be.


    F.e. after the aggressive military history it is in the German constitution that the military is only allowed to defend the country.
    Surprise now "Germany´s freedom is fought for in Afghanistan " .
    Know what I mean, everything now is exactly backwards , it is like a giant sharade.


    Another example: the credo of consolidation of budget, sustainable investments in education and science .
    Next you see goverment "gives out cash for clunkers" to provide incentives and promote environmental conservation.


    Am I living in dreamland or what.


    Just another one. It´s about energy saving bulbs, all the others are now prohibited in the EU. Next you hear that those things are just a toxic, eye-disturbing gadget, the production and the waste hurt the environment much much more.


    What is going on ????


    Because you mentioned that it is what´s going on in the western world. I am afraid what is happening in Russia and China now serves as even a better role-model for the amalgamation of power.


    Regards,
    m.

    Zitat von buddhalf

    The term fascistic still sounds too strong a word in my ears yet I can see that it must be sth. like that.



    Buddhalf, I understand that sentiment (especially on a German forum) given the extremely nasty CONNOTATIONS we have associated with that word. However, the definition of fascism is quite simple: central government and corporate Oligarchs combine their "political" muscle with their "economic muscle" to exploit their OWN populations and/or any unfortunate "neighbours" of such fascist regimes.


    Understand that there is no real "ideology" associated with fascism beyond "might is right". It is nothing but a NATIONAL manifestation of one of our most unfortunate vices: the "bully" complex.


    Looked at in more neutral terms, I don't think there can be any doubt that we are moving into the most EXTREME manifestation of global fascism in history. Keep in mind that the "fascists" of the World War II era only represented about 1/3 as many people as the 21st century fascists. And the harm caused by THIS generation of fascists has only just BEGUN...

    Salvation For Western Pension Funds



    ...Forcing fund-managers to personally hold what they buy can be considered a certain means of getting these administrators to be much more “focused” and “motivated” in administering assets – and less likely to jump at the first “investment” recommended to them by sleazy fraudsters (in very expensive suits). However, “getting their heads in the game” is only the first step.


    We obviously need fund administrators with some minimal level of competence in macroeconomics. Those individuals possessing such insight are aware that we are still in the early stages of the most-massive global economic boom in history: the simultaneous industrialization of more than half of the world’s population. The previous greatest economic boom was post-World War II, and the rebuilding of (primarily) Europe. Yet that “boom” only involved about 10% as many people.


    Once we have competent people in charge of our pension funds, then they will obviously gravitate en masse to the world of commodities: the building-blocks of the global economy. It is the simplest of observations that the world’s largest economic boom (by a factor of ten) is going to involve much more “building” than at any other time in our history. Parallel to that is the increasing demand on “soft commodities” (i.e. food), as the combination of rapidly rising incomes and steadily increasing populations guarantees extreme pressure on global food supplies.


    Here the bankers would retort that “commodities are too volatile for pension funds”. The response to that is to point out how these same banksters have turned all markets into wild, rollercoaster rides – with most of those rollercoasters moving steadily “downhill”.


    The other obvious rebuttal to such banker nonsense is to point out that the “volatile” holdings in commodities can be “anchored” with the world’s most-stable financial assets: gold and silver. Indeed, we have recently seen one U.S. pension fund making the news for doing precisely what I am suggesting...


    Full commentary: http://www.bullionbullscanada.…nal-commentary&Itemid=133

    Ich habe das selber nicht immer so im Blick, bin nur eben beim Walter auf der Seite auf einen Leserbrief gestoßen, der die Aktienkurse der "systemrelevanten" Banken mal in einem Vergleich gegenüberstellt: Da staunt der Laie und lächelt :D der Fachmann...

    2 Mal editiert, zuletzt von Kellergeist ()

    He Kellergeist: Bei Deinem aktuellen Kurs der Deutschen Bank ist wohl eher der Wunsch der Vater des Gedanken... :thumbsup:

    "Die Zuweisung von Macht sollte von den Banken genommen und wieder auf die Bevölkerung übertragen werden, der sie eigentlich gehört." – T. Jefferson

    Wie geht es mit dem Euro weiter? - 2


    Nur ein völliger System-Reset, bei dem sämtliche Zivilisationen per Staatsneugründung und neuen Verfassungen von einem Nullpunkt aus neu starten würden, könnte es erlauben, daß Deutschland den Kopf wieder aus der Schuldenschlinge zieht. In jedem anderen Fall würde die Politik der Kanzlerin dieses Land auf Generationen zu Schuldsklaven abstempeln. Wir hätten dann eine Situation, die auffallend dem Ende des Ersten Weltkriegs gleicht, Stichwort “Vertrag von Versailles”. Bekanntlich mußten noch bis letztes Jahr die Altschulden aus dieser längstvergangenen Zeit abgestottert werden.


    http://www.radio-reschke.de/

    Zitat von Desertfighter

    Bekanntlich mußten noch bis letztes Jahr die Altschulden aus dieser längstvergangenen Zeit (erster Weltkrieg) abgestottert werden.


    schön dass du daran erinnerst.


    Nachdem hier bekannt wurde, dass das BRD-Deutsche Wirtschaftswunderin den USA geplant und gefördert wurde, kommt jetzt bald die Zeit wo wir alles mit Zinsen zurückzahlen dürfen.
    Wird diesmal aber weit mehr als 100 Jahre dauern, die jetzt angeheuten Verbindlichkeiten zu begleichen.


    So kann die untergehende Großmacht USA noch einige Generationen Tribut von uns fordern.


    ocjm



    Schön wenn man solche Freunde hat!!!!

    Zitat von Desertfighter

    Nur ein völliger System-Reset, bei dem sämtliche Zivilisationen per Staatsneugründung und neuen Verfassungen von einem Nullpunkt aus neu starten würden, könnte es erlauben, daß Deutschland den Kopf wieder aus der Schuldenschlinge zieht.

    Was für eine Neugründung :?: Es genügt das Deutsche Reich wieder handlungsfähig zu machen.

    Demokratie ist die Diktatur der Dummen (Friedrich von Schiller)
    Das Grundprinzip der Parteien-Demokratie ist, die Bürger von der Macht fernzuhalten (Michael Winkler)
    Wer die Zeichen der Zeit nicht erkennt, wird von ihr überrollt werden. 8o
    Wer Banken sein Geld überlässt, macht sich mitschuldig :!:

    Dann soll dieses Räuberpack erstmal die geklauten Patente und die daraus gezogenen Gewinne bezahlen. Dann dreht es sich ganz schnell. :boese:

    Demokratie ist die Diktatur der Dummen (Friedrich von Schiller)
    Das Grundprinzip der Parteien-Demokratie ist, die Bürger von der Macht fernzuhalten (Michael Winkler)
    Wer die Zeichen der Zeit nicht erkennt, wird von ihr überrollt werden. 8o
    Wer Banken sein Geld überlässt, macht sich mitschuldig :!:

    Einmal editiert, zuletzt von taheth ()

    Zitat von undefeated

    auf allen Kanälen hört man das hier


    Obama ermahnt Europas Schuldenmacher



    Ja. Und im Moment fliegt der amerik. Finanzminister nach Polen um mit den europ. Finanzministern zu sprechen. Merkel weilt in Finnland und trifft den dortigen Präsidenten. Zudem findet heute eine Telefonkonferenz zwischen Papandreo, Merkel und Sarkozy statt. Eine anberaumte/vermutete Pressekonferenz wurde umgehend dementiert.


    Die Hütte brennt mal wieder!

    Kann mir bitte jemand erklären wie das Umrechnungsprinzip bei einer Währungsreform funktioniert?


    1:1
    1:2
    1:10


    Bei 1:1 passiert doch nicht viel oder? Dann müsste man ja die DM hyperinflationieren oder?


    Na vermutlich rechnen bereits etliche Marktteilnehmer mit einer Verstaatlichung der Banken und verkaufen deshalb schnellstens und in aller Not..... da die "Systemrelevanten" ja nicht pleite gehen können ist die Verstaatlichung die einzig praktikable Lösung. Außerdem die einzige Lösung, bei der die Verantwortung beim Verursacher bleibt. - Denn das ist es ja, was so viel böses Blut schafft: die Tatsache, dass man versucht, die Schuldhaftung vom Verursacher (auch von den mitverursachenden Staaten/Regierungen) auf die Allgemeinheit der EU-Steuerzahler zu übertragen.


    Und selbstverständlich muß auch Griechenland in Haftung genommen werden, denn verursacht haben sie ihre Schuldenproblematik selbst.... und gut daran verdient haben auch viele dort. Also, diese Leute in Haftung nehmen. Da sollte eigentlich in ganze Europa eine Reihe von Gerichtsprozessen anstehen.

    Lieber Gott, lass Hirn regnen!

    Die Typen haben doch den Arxch offen! Wann begreifen diese Vollpfosten endlich, dass es "risikolose, solide Gewinne" NICHT gibt???? :boese:


    Aber solange diese "Zockereien" einen pseudowissenschaftlichen Namen (Delta-One-Handel) haben und Merkel notfalls alles rettet, ist das den Herrschaften piep-schnurz-wurscht-egal, was mit den Geldern anderer Leute passiert ...


    siehe hier:
    http://www.ftd.de/unternehmen/…e-gespensts/60104696.html


    Gruß
    goldmartin

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