Quote:
Originally Posted by dyna mo
it's not that simple thommy. the entire world borrowed money in 2008+ trying to claim europe money saved US is entirely wrong. you also completely leave out huge economies like china and the fact they've borrowed trillions and easily have trillions of bad debt still on the books.
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i do not say that it is simple.
it is fucking complicated and this is the reason why it took so long til even professionals understood what happend there.
the problem in 2008 was that nobody wanted to borrow money to anybody - not even banks to other banks because nobody knew how much of the other ones assets are just hot air.
that was leading to the problem that only the central banks could push money into the market - money what was not existing before and what was not equivalent to the sum of goods and services.
means:
there is more money in the market now as goods and services available.
and I am sure you know what that means.
the real tricky thing in economy is that in this situation it would be necessary to burn down this money somehow. but there is not really a way to burn money what is in the market. whatever you do - someone will make exactly this profit of the sum you want to burn.
the world is already at kind of that point were money is concentrated to a few single hands. economy on the other side can not work when money is not circulating and given back to those that have spend it before.
and this wheel spins faster every day. as we all know there is a physical limit in speed.
when this physical limit is reached the markets will break completely.
and if that happens everybody will lose ALL MONEY and ALL debts.
it is like starting from zero but without banks or any service who need a bank (what is in fact everybody). this is the reason why we all need the biggest mafia in this whole game and we do not even have the chance to tell them to fuck off, because we would have to start without them in the stone age again.
we both know how many small people have lost money in the last crisis. but the problem was that the same mafia won this money again and they got legally filled up with other peopleīs money for the next round.
and no - this was not only happening in USA - the Deutsche Bank was one in the very first mafia line.
and sure china have a lot of this shit papers still in their portfolio - they also lend money like fuck and pump it into the markets (but their dept to gdp is still far under US).
what is the difference if a country supports its industries with subsidies or if a country supports its industries with the purchase of shares which increase so much due to this demand that they amount to a multiple of the actual value?
do you know how much money in US and other countries governments are spending tax money in anti smoking campaigns ? this might sound ok for some but on the other hand another part of the tax money flows as a subsidy into the pockets of tobacco farmers that are suffering from these anti smoking campaigns.
crazy ?
yes but reality !
why are wars existing? because it is a business to destroy things, because they have to be build up again.
crazy?
yes - but reality
we have to stop that shit - if not that shit stops us in a near future.
the pure greed of some rich and powerful people in this world seduces us to believe in problems that are not problems at all but become problems because of our belief in them. weeds are destroyed by their roots - but first of all you have to be able to distinguish weeds from wheat shoots.
the key to the solution is in education. if people would really understand the rules of an economy they would automatically find better solutions. and at the end of the day EVERY individual standpoint depends on the money in the own wallet and the own prosperity.
it will NEVER be a social point of view. this is why people have to understand how much they are depending on this society the donīt give a shit.