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Posted by Rev. J Wright |
April 10, 2009 12:07 AM | Score: 0
April 10, 2009 12:07 AM | Posted by Rev. J Wright: | Reply
Transparency can wait... "complicating stock market reaction."
Posted by MedsVsTherapy |
April 13, 2009 8:39 AM | Score: 0
April 13, 2009 8:39 AM | Posted by MedsVsTherapy: | Reply
This reminds me of the various ways that Marxist governments would give, and continue to give, economic info to tell you things are going really well when they really aren't. Hey, I'm just sayin'.
Posted by MedsVsTherapy |
April 13, 2009 8:44 AM | Score: 0
April 13, 2009 8:44 AM | Posted by MedsVsTherapy: | Reply
oh, it just occurred to me, now that I glanced through the story: Results may be released not NOW, but after APRIL 24; AKA after tax day. Why? That would only add more fuel to the fire for the Tea Parties. No one understands the need to avoid a revolution better than...hey, I'm just sayin'.
Posted by MedsVsTherapy |
April 17, 2009 8:50 AM | Score: 0
April 17, 2009 8:50 AM | Posted by MedsVsTherapy: | Reply
I think they recently added more delay. must be some ugly news.
Posted by MedsVsTherapy |
April 24, 2009 5:12 PM | Score: 0
April 24, 2009 5:12 PM | Posted by MedsVsTherapy: | Reply
plus, today apr 24: some govt statements released today declaring support levels if any banks were threatened by a deeper recession.
is dj up b/c of the support statements, or are the bank hearing news that is not so bad?
now, the weird thing: loaning money is all about risk. if no risk, then loan to whomever, whenever. isn't that how we got in this mess?
Posted by Anonymous |
April 25, 2009 1:03 PM | Score: -3
April 25, 2009 1:03 PM | Posted by Anonymous: | Reply
GLOBAL ALLIANCE AGAINST IGNORANCE
THE INTERNATIONAL FOUNDATIONS OF A GLOBAL POLITICAL MOVEMENT THAT WILL SWEEP THE CHARLATANS AND THEIR POLITICAL/INSTITUTIONAL/EDUCATIONAL AND CORPORATE PLANET DESTRUCTIVE ECONOMIC GROWTH/BOOM AND BUST BUBBLE IDEOLOGIES AND THEIR VESTED INTERESTS OFF THE PLANET TO RESTORE LONGTERM SOCIO-ECONOMIC-FINANCIAL-ENVIRONMENTAL STABILITY FOR ALL
HOW DEMOCRACY HAS BEEN CORRUPTED INTO DEBTOCRACY
Insane low interest rates have made debt meaningless as a liability and they have devalued cash/savings/deposits intentionally to drive planet destructive spending.
UK bank bailouts amount to 2 trillion pounds: on normal/socio-economic-environmental responsible interest rates of 4% this would be an annual liability of 80 billion pounds which would drown the banks in losses that are now presented as profits to hoodwink the markets.
The unequivocal fact is that the majority of banks are bankrupt and like Madoff have and continue to operate Ponzi schemes as do the countries in which they operate: such banks and countries could not redeem their debts to all creditors despite all the asset inflationary market manipulations.
They rely on the fact that those who want to take out money can get it from the money of those who remain with the bank.
In the same sense no country could today redeem its debts without bleeding the taxpayers for more. Instead they employ ever more bureaucrats to assist in glossing over the realities.
To con the masses on the financial front banks scratch each other backs and countries are trying to do the same on the global debt bandwagon.
On the environmental front they have all joined together; infiltrating virtually every environmental organisation with money and creeps so that economic growth and jobs are presented as beneficial and recession as bad for the planet when in fact and reality the opposite is true.
The fact is that the global debt economy that has caused climate change can only correct itself on a massive spending spree that will ignite such gigantic inflation that will drown the debt mountains and make them appear to be mole hills.
It will be the global environmental/ecological apocalypse/death knell that the charlatans present as more planet destructive business opportunities.
Environmental leadership/governance would now require a global reduction in jobs and in the numbers looking for jobs within a rapidly reducing/reduced global quantum leading to a no growth stable society that is debt free.
Instead the charlatans who now pose as “leaders” are doing the opposite by overloading the global economy with additional trillions of debt and by encouraging a return to the excesses that caused the crisis.
In a global microcosm Dubai is yet another example of the global madness: in a copycat endeavour to turn a desert state into an additional planet destructive economic growth engine – a lunatic construction boom was ignited that - as elsewhere - fed on its own hype and incited greedy, avaricious debt financed “investors” to buy properties for no other reason than to sell them to some new idiots who would be told that there was an endless stream of johnnies come lately as prices kept rising on their stupidity.
Now that the johnnies have dried up Dubai is facing a 100% drop in property prices as even the idiots have got wise and the whole pyramid scheme is recognised for what it was from the outset.
ECONOMIC GROWTH IS IN FACT NOTHING OTHER THAN INFLATION:
Every year existing human overpopulation now standing at 6750 million inflates by a net 80 million after deduction of all deaths and 50 million abortions which are necessitated because of the religious nazis/freaks anti free contraception policies/enforcement.
In environmental terms the quantum of socio-economic-financial activity of some 1200 million humans, i.e. the active population of the “developed” countries have caused the global ecological fallout that has wiped out the natural habitat/forests/biodiversity and caused climate change.
It is therefore insane to throw more trillions into the global economy with a view to expand the active population and convert them into shopping zombies.
In purely economic terms real inflation of the underlying cost of living exceeds the annual economic growth in all countries; hence economic growth only serves the racketeers because it represents inflated sales/profits that drive asset price inflation that make the poor poorer and the asset laden rich richer. That’s what the political charlatans and their sponsors/paymasters/cronies want to reignite with trillions of dollars of global bailout/stimulus packages!
Economic growth/inflation was the originator of climate change/natural habitat/rain forest/ozone layer destruction/biodiversity extermination and global pollution/acid rain/smog/ground level ozone contamination that’s wiping out the global ecological life support system for all.
This is a call for every responsible citizen to start right now contributing to the movement by refusing to sell, promote or buy unnecessary, inessential hardware/software and services and above all refuse to spend on debt to put a spanner into the planet destructive debt financed stimulus packages that will have to be paid by future generations on a wastelaid planet.
MAKE A START BY AVOIDING ANYTHING THAT’S ADVERTISED BECAUSE IF IT NEEDS ADVERTISING IT’S COMPLETELY UNNECESSARY
The global 60 trillion USD of debt mountains accumulated over the last 10 years are now cunningly referred to as “capital flows” when in fact they are nothing other than endless debt injections to keep the global economy and its perpetrators on a high…
THE G20 SLOGAN: STABILITY GROWTH JOBS
Shows the complete ignorance of the vote catching charlatans that devised it.
According to the Oxford Dictionary and Common Sense “stability” means the quality or state of being stable. Stable means firmly fixed or established; not easily to be moved or changed or destroyed or altered.
IT IS UNEQUIVOCAL THAT STABILITY AND GROWTH REPRESENT INCOMPATIBLE, CONTRADICTORY AND DIAMETRICALLY OPPOSING IDEOLOGIES
It is true that the world needs stability therefore growth must be avoided to prevent instability such as we have witnessed over the last 100 years of uninterrupted growth.
To grow something that you know is damaging to the health of the planet constitutes a blatant disregard for the law. This spreading sense of lawlessness is epitomised in the overproliferation of crime, violence, aggression: If a citizen attacks another he/she will be arrested but when a member of the law enforcement authorities/police attacks even kills a citizen he will be suspended on full pay “while inquiries are being made”. Law enforcement agencies are known and have admitted to have used torture on suspects yet when a mother smacks her unruly toddler/child she can be sent to prison: this is the grotesque result of global insane bureaucracy/social mismanagement whereby the future rowdies/hooligans/criminals are encouraged/created in childhood.
It is a fact that today law enforcement and security are the two most rapidly growing job markets in a world where violence/crime meets/creates violence/crime. The entirely unprovoked global massacre of the natural environment and biodiversity accompanied by state/church approved/regulated torturing of animals as entertainment that feed the hooligan/rowdy/criminal instincts of the feeble minded reflect the insane growth ideology that has perverted the human psyche.
The ongoing battle cry for jobs that keeps the politicians in power since Hitler wiped out unemployment on the entire planet and that continues to feed the global planet destruction economy with jobs in weapon overproliferation now that the humans spend more than 1,2 trillion USD on arms to protect themselves from themselves. Road building is another common job creation “idea” that’s being copied from Hitler and easy to justify as the shopping zombies are indoctrinated to buy ever more cars and change them for new models for which special tax breaks are handed out. The massive global construction boom that eradicated all coastal areas of their natural habitat and replaced Nature with giant bunker tourist slums and water depleting golf courses and the usual infrastructure of glitzy shopping malls was the major factor in causing the global financial crisis as every racketeer jumped on the bandwagon and the market became so oversaturated that in future every human in a “developed” country must “own” at least two mortgaged properties to take the vacant flats and houses off the toxic asset lists. All this madness accompanied by the greatest mass-production/mass-consumption frenzy of all times as humans converted everything into man made “assets” was financed on debt that will never be repaid other than with more debt.
Everywhere millions of superfluous bureaucrat jobs have been created whose salaries are paid straight from the printing press. Bureaucrats have only one interest: to protect/hide their rackets by adding endless additional layers of bureaucracy.
This is the planet destruction ideology that is now being recharged with trillions of stimulus and bailout packages at such low interest rates that anyone who has no debts is a fool and a loser amongst the current generation. Because the millions, billions and trillions of debt of today will be peanuts in ten or twenty years:
THIS IS KNOWN AS REAL INFLATION
But no politician would admit to this!
So everybody continues to waffle about jobs and job creation to absorb the two thousand million ADULTS that have no jobs on the planet
That’s more than the entire world population of 1940…..
And nobody takes any measures (other than China) to reduce the quantum of jobseekers in the future:
Every ten years at least 800 million additional jobseekers will come on stream globally….
And as would be expected of the contemporary “leaders” none of them has ever even questioned the environmental quantum impact of jobs other than in totally dishonest/false pretensions that use words like “pollution trading, carbon neutral, green, alternative energy, fair trading” etc. when even an idiot could work out that every job involves socio-economic-financial quantum that impacts on the global ecology/biodiversity/environment.
Environmental leadership/governance would thus involve a reduction in jobs and in the numbers looking for jobs within a no growth stable society that is debt free.
The complete bankruptcy of the environmental pretensions of the political charlatans and their cronies is exemplified by the fact that Europe alone exceeded its carbon emissions by one quarter of permitted levels. Other continents have polluted the planet even worse despite the economic crisis.
IT IS THEREFORE AN UNEQUIVOCAL FACT THAT ONLY A SUBSTANTIAL REDUCTION IN ECONOMIC/DEMOPGRAPHIC QUANTUM CAN REDUCE THE ENVIRONMENTAL DAMAGE IMPACT.
Anything else is nothing but dishonest posturing.
A stable world population of less than 2000 million such as in 1940 would today manage a comfortable standard of living for all without the deepening threats of war over insufficient resources/food/water and without the environmental savagery that threatens global survival. It would of course lead to a rather enlightened society that would neither accept, endorese nor tolerate the mad debt financed economic growth tantrums of today’s political leadership that is made up of sponsored lackeys to the vested interests/racketeers whose survival has been criminally engineered by the mad central bankers at such low interest rates that debt is now meaningless as a liability.
This is a call for every responsible citizen to start right now contributing to the movement by refusing to sell, promote or buy unnecessary, inessential hardware/software and services to put a spanner into the planet destructive debt financed stimulus packages that will have to be paid by future generations on a wastelaid planet.
Once upon a time the world was a theatre with actors, directors and producers.
They did not set out to demolish the stage.
Today the world is a Casino with punters, croupiers and shady behind the scene characters/insiders whose corrupt practices include fixing the roulette on an ongoing basis that is dictated to the media as news/publicity stunts/photo calls/deceptive advertising to influence markets and to destroy the global life support system with debt financed economic growth and ever higher stakes to satisfy the addiction that epitomises junkies.
Whatever they say is to win votes, customers, advertising revenues to secure their junkies lifestyles and to drag as many with them as possible within the upward spiral of planet destructive growth.
WHEN THE POLITICAL CHARLATANS AND THEIR GREASY WANNA BE BIG-SHOT BUREAUC-RATS SAY THAT THE TRILLIONS TO REFUEL ECONOMIC GROWTH - SWEETENED BY ZERO INTEREST RATES that facilitate the rackets by defrauding savers - DOLED OUT TO THE CASINO GAMBLERS aka investment bankers/insiders/hedge funds/investors/governments WHOSE DEBT MOUNTAINS EXCEED ASSETS BY UNKNOWN MULTIPLES - ASSETS THAT THEREFORE MUST BE INFLATED THROUGH ECONOMIC GROWTH TO AVOID LEHMAN STYLE BANKRUPTCY - WILL NOT RESULT IN HIGHER TAXATION FOR THE WORKING POPULATION -
THEY ARE LYING BECAUSE BY CHEATING THE PRUDENT SAVERS/PENSIONERS WHO REFUSED TO BECOME GAMBLING ADDICTS OF THE INCOME FROM THEIR SAVINGS THEY HAVE JUST BEEN TAXED BY A FULL ONE HUNDRED PERCENT OF THEIR INCOME TO ENABLE THOSE WHOSE GRANDIOSE DEBT FINANCED MACHINATIONS/DERIVATIVES CAUSED THE CRISIS TO CONTINUE THEIR MULTI MILLION DOLLAR/EURO/POUND/SWISS FRANC LIFESTYLES WHILE GROWING THE NEXT BUBBLE AND AN EVEN BIGGER BAILOUT/STIMULUS PACKAGE FOR MORE OF THE SAME.
THE IRRADIATION OF THE GLOBAL ECONOMY
It's safe we are told to throw ever more trillions into this bottomless pit to keep it growing because all the leading "investment bankers" have told their political lapdogs that without growth we're bust.
The formula is as simple as it is dishonest:
First: lower interest rates towards zero to save the debt financed bubble empires of the globalised gambling racketeers that have caused climate change and wiped out the natural habiat/biodiversity
- cynically these are the guys that are being consulted about what to do next -
at the expense of the thrifty small savers who have been cheated again by the central bank cronies.
Second: addict the small savers to throw their no interest deposits into the gambling casinos that are designed for insiders.
Third: make them spend spend spend to grow the bubble empires for the next round of bust.
Fourth: expand military expenditure to convert lousy markets into profitable trading outlets; milk them of their resources and flog them obsolete hardware/software and services they never wanted in the first place and turn them into compliant compulsive shopping zombies and call anyone who doesn't like it a terrorist that will be killed. As 40% of the western economies are dependent on arms and military expenditure it makes sense to always have a couple or more wars going to test the new hardware and train the soldiers in real conditions and it's good business for the bullet and coffin manufacturers.
Irradiation is more than a metaphor because India and China alone will need at least one thousand nuclear power stations each to keep up with the energy requirements of their growing industries that keep flooding the global markets. Already there is one kilo of radioactive waste per person on the planet with no safe place to go.
The madness of socio-economic-financial-environmental mismanagement:
A LESSON IN BASIC GLOBAL ENVIRONMENTAL GOVERNANCE
US Housing construction back to nearly 5 million homes built per annum. A construction madness that incites massive infrastructure building that incites massive debt financed mass-production of hardware/software/services that leads to the market oversaturation that causes the bubbles to burst. Does the USA really need fifty million additional new homes every ten years: That's five hundred million homes in a century!
In Europe where already most humans subsist in tenement bunkers similar construction madness has ensued so that at any one time some 40% of all apartments/houses are unoccupied because they are surplus to requirements and purely serve as short-term holiday accommodation. Yet the political cronies of the developer racketeers are throwing ever more debt after debt aided and abetted by the shifty central bank lackeys zero interest rates. Some 4000 million hungry, deprived, exploited humans out of the 6750 million currently alive and increasing by 80 million every year live in small huts averaging some 10m2 per family. Start a similar construction boom in those overpopulated countries and there will be insufficient land to grow food bearing in mind that already 50,000 humans die every day from malnutrition and lack of drinkable water. The massive debt finance that has unleashed the global construction boom based on the catholic "trickle down" economics of giving to those who have more and leaving those who have nothing with nothing has now had to be bailed out because the banks financed the racketeers who lined their pockets. The trillions in stimulus packages dished out by the same to the same will do nothing but build the next bubble. In the monopoly world of Casino finance ever greater debt mountains finance ever greater bets that drive the global stock markets where the racketeers buy stocks, commodities, precious metals and currencies with debt to drive the prices up beyond all real value perceptions and in flagrant disregard of all environmental governance because the fictitious/artificial monopoly gains are then supposed to finance the expansion/growth of the global economy which has caused the global environmental holocaust of the total destruction of the natural habitat, the total extermination of integrated biodiversity, the wiping out of all major prime forests, the rapid advance of desertification occasionally interrupted by brief storm floods tearing down the remaining top soil, acid rain that poisons the pesticide laden soil, the decimation of the protective ozone layer, the overproliferation of smog/particle pollution/ozone at ground level all of it covered in toxic and radioactive waste mountains. Climate change is hardly a surprise.
So why would the racketeers and their cronies throw ever more low interest trillions in debt into the markets to finance more such planet destruction? Because environmental governance means nothing to them other than slogans. Like drug addicts they will lie and lie and lie to enable them to pursue their only interest in life which is gambling with debt to finance their economic growth intoxicated lifestyles of more of the same until the bubble bursts. Next time it won't be the money that's going to be the problem but the overall collapse of the ecological life support system and the fact that a planet overcrowded with nothing but debt financed humans will produce a systemic crime/violence/corruption/dishonesty wave/tsunami that will leave the worst in control of a dying planet. Financial hooliganism has taken over the planet. Hooligans are reckless and disregard all but their own lifestyles at the expense of everything and everybody else.
A LESSON IN BASIC ECONOMICS
Lending means debt that becomes junk when it will never be repaid.
When the FED buys treasuries for a trillion dollars it's literally debasing a country to junk status.
The only people who were delighted were the wallstreet/corporate/institutional/government/municipal gambling addicts because their habit has been for decades to pay of gambling debts with more gambling debts.
Debt is an anachronistic religion that was invented by charlatans whose fossilised understanding of economics match that of one day flies. Any long term growth of debt necessarily invokes massive inflation of economic activity quantum such as the last 60 years have produced with staggering socio-environmental damage impact and over-saturated markets.
Why would Bankers/Wallstreet gamblers and similar insiders need to stuff their already bulging pockets with millions of annual remuneration packages while running their empires on nothing but low interest debt while the President of the United States is content with a couple of hundred thousands a year. The fact is that the systemic racketeering corruption of global economic activity from bureaucrats to crooks has been poisoned with naked greed, avarice and jealousy of each other's wallets in exchange for ripping off the small time wage earners who are condemned to consume the traffic that pays for the excesses as compliant shopping zombies.
It's not just the melting ice caps; the smog; the acid rain; the floods and droughts; the traffic jams; the overcrowding; the endless queues; the total deforestation of the entire coastline and replacing it with tourist bunker slums has turned the mediterranean sea into the world's largest gale force wind tunnel/dust bowl from Turkey to the Atlantic and back.
And what's the pay off? Thousand's of millions in unpaid debts from the developer racketeers and thousands of empty/unfinished/unsold apartments that nobody wants nor ever wanted other than for quick buck speculation. Or Ratzinger's (also known as pope) Hitler youth acquired senile, mad rantings against contraception which are lapped up by the low IQ morons who attend his nazi rallies and believe the hitlerian rubbish he's been spouting for more than 60 years in the name of some anonymous god. The corporate racketeering in the catholic countries is an exemplary demonstration of the bankrupt debt-financed rip off anybody anytime ideology.
ALITALIA quoting more than 800 euros (that's one month net wages of an Italian worker) for a one way flight from Milan to Malaga when you can do it with Easyjet for around 50 euros; or IBERIA charging more than 250 Euros for a short internal flight from Madrid to Malaga that you could have with British Airways for less than half the cost. ADSL Internet access or foreign telephone calls in these believe anything as long as you are stupid enough countries costs between 400 and 500% more than anywhere else.
Everything is out of control because the pope wants to grow his already overpopulated global rip off business.
Of course you could not and would not expect intoxicated gamblers to think of anything beyond their bets.
While today there are more billionaires than ever before there are a lot more impoverished humans; in fact more than the entire world population of 60 years ago.
So much for the "make poverty history" charlatans who want to expand the markets for the rubbish they're trying to sell in a global wastelaying campaign.
The global junk economy is cunningly disguised by the accounting charlatans - most of whom also now operate as "lawyers" making the law for themselves and their clients - who invented "creative" accounting whereby junk is simply swiped off the balance sheet every so often and shuffed into a new entity that can be closed down years later when inflation has made the billions look like pettycash.
Remember inflation is nothing to do with the political proganda tricks that tell you there is no inflation because a bag of carrots is temporarily cheaper.
As recent as 1940 the entire US GDP was less than 100 billion dollars.
REAL INFLATION IS THE UNDERLYING QUANTUM OF DEBT THAT DRIVES ECONOMIC GROWTH!
They call it Toxic Debt in the trillions that financed the planet destructive economic growth that oversaturated the global markets with surplus goods/services
- THAT CAUSED THE GLOBAL ENVIRONMENTAL FALLOUT
THAT CAUSED THE CLIMATE CHANGE CRISIS -
which caused the global financial crisis that caused the global economic crisis:
therefore to "unblock" lending to "revive" economic growth means ever more junk!
Of course nobody can now expect the small minority of racketeers and their cronies to chuck in their multi trillion gambling empires and go back to normal work.
That's why a new political system is required that stamps out the financial/economic gambling rackets and opposes economic growth fundamentally to bring back longterm stability.
If Lehman Brothers had stuck to normal trade finance limited by assets; Fanny Mae to normal mortgage lending limited by genuine valuations and genuine applicants; AIG had stuck to normal insurance limited by premium income or UBS had stuck to normal banking limited by cash deposits their Rackets would never have contributed so much junk to the global economy that caused the global corruption of finance and economics:
THEREFORE ALL DERIVATIVES, LONG AND SHORT TRADING AND FUTURES CONTRACTS MUST BE MADE ILLEGAL - IT'S INSANE THAT THE PLANET' ECOLOGY AND THE HUMANS' ECONOMY SHOULD BE PUT AT RISK BASED ON FINANCIAL SPECULATION THAT IS PURE AND UNADULTERATED GAMBLING SUSTAINED BY EQUALLY ILLEGAL INTOXICATION.
More money has been laundered via these gambling dens than all the good money together.
The G20 bureaucrats in the usual company of hangers-on/cronies/racketeers after parking their sparkling new BMW and Mercedes Benz and digesting their heavy five course dinners after knocking back a few catholic guinness shoe polish drinks have
- true to their oath of allegiance to the vested interests -
declared that they will do everything to restore growth.
This socio-economic-financial-environmental political madness is a great opportunity for all responsible humans to radically oppose and counteract by refusing to sell, buy, promote any goods, medicines and services that are not absolutely necessary and to stop borrowing money and instead fund basic living costs from savings.
Even though markets are now oversaturated with rubbish/shoddy goods and services with built in obsolescence: why replace them with new ones that incorporate even more mind boggling side effects to shorten the period of replacement even more and finance the market gamblers multi million dollar lifestyles?
Did you know that the average Wall Street Gambler (those guys in 10,000 USD suits) earns in one year between one hundred and one thousand years the average salary of a US or European Worker?
That's why they and their lackeys need growth and need to promote it with all the lies possible!
Boomberg TV refer to increased consumer spending as stability; this is how the media distort facts and create a make belief world that suits nobody other than the short term racketeers and blackmailers that have corrupted business and society: AIG declares that if it had not been bailed out it would have brought down all banks, money funds and fellow insurance companies: it's the losing gambler blackmailing the Casino that has grown so big that its collapse threatens society as a whole. The global market casinos serve today only one purpose: that of debt financing the extreme lifestyles of the gamblers: The Wall Street Casino gamblers threaten society that if the annual multi-million dollar bonuses are abolished or restricted their basic multi million dollar salaries/pay packs will have to go up commensurately.
These blackmailers and gamblers are financed by the hundreds of millions of work slaves who are lucky to make 30K dollars a year in the west while more than 4000 million out of currently 6750 million humans on the planet must eke out a living on less than 2 dollars a day.
Despite all the planet destructive economic growth/development/aid/charity/debt since 1945 the hungry and poor have increased to twice the number of the entire world population in 1945.
Those who let this happen and those who condone this increase bear the same responsibility as those who make it happen!
A world population of less than 2000 million such as in 1940 would today manage a comfortable standard of living for all without the deepening threats of war over insufficient resources/food/water and without the environmental savagery that threatens global survival.
This is a call for every responsible citizen to start right now contributing to the movement by refusing to sell, promote or buy unnecessary, inessential hardware/software and services to put a spanner into the planet destructive debt financed stimulus packages that will have to be paid by future generations on a wastelaid planet.
The question about why people are now losing their jobs is why did they get them in the first place.
Millions of totally superfluous planet destructive fantasy jobs were invented on the mad boom growth bubble all of which was financed with ever more sophisticated debt instruments that were nothing other than a PONZI fraud.
It incited the colluding conniving political charlatans to hand out ever more generous debt financed stimulus packages for the reproduction of ever more future shopping zombies to keep their parents/elders in work.
The bubble was going to burst on two fronts: the debt front and the environmental front.
Whereas the global economic growth insanity is wiping out the ozone layer that protects the planet from the sun.
At ground level the same economic growth impact causes too much ozone
causing illness even death -
see news update on bottom of page.
The first has happened the second will follow like night follows day.
Instead of reflecting on the collapse of the debt front they are now piling trillions more into the trenches creating an even bigger debt bubble that - when it will inevitably burst- will cause an even bigger crisis that they will then simply present as "yet another economic growth opportunity"….
THE GLOBAL CRISIS - THE FACTS
Never before in the history of the planet destructive human quantum impact has so much money/debt financed/generated so much corruption; deception; dishonesty; false pretences; aggression; violence and wishful thinking that is overcrowding/wastelaying the planet that is feeding ever more pollution that is fuelling climate change that victimises the next generation and condems them to a life of afflictions in a virtual world of illusions/delusions.
GLOBAL SOCIO-ECONOMIC-FINANCIAL-ENVIRONMENTAL STABILITY INSTEAD OF GROWTH?
NO THANKS WE'RE HUMANS - WE PREFER ONGOING BOOM AND BUST CHAOS!
Nobody knows how many busts are going to come because the Free Market Casinos still allow derivative contract bets that run into trillions and are decades ahead for settlement and
nobody knows the outcome.
Compulsive gambling equals drug addiction. It must be stopped. Why should the majority on the planet suffer the consequences of a small band of intoxicated irresponsible addicts who gamble away the global life support system?
The subprime crisis caused the global financial crisis that caused the global economic crisis: Nobody tells you that the subprime crisis was caused by an insane unsustainable excessive market oversaturating debt financed construction growth bubble that fed on itself as real estate was valued on growth instead of stability. As prices accelerated to rise every Tom, Dick and Harry, crook, swindler and racketeer jumped on the bandwagon which fuelled the rising prices like petrol on fire.
The boom was only made possible with the collusion of the mortgage bankers lending far in excess of reality as crooks, swindlers and racketeers amassed property portfolios on nothing but debt for easy paper profits. The deceptive growth in virtual value of real estate fuelled the mass-consumption bubble as the shopping zombies went out on spending sprees to cash in on their growing "wealth".
The mass-consumption boom fuelled the market over-saturating mass-production boom that fuelled the global trade boom that fuelled the global stock market boom that fuelled the leverage for ever more growth that the charlatan politicians/economists/experts/preachers bandied about as progress, prosperity, freedom etc. their avaricious little pig eyes greedily eyeing the 4000 million starving, impoverished humans in the Third World on whom the same debt bubble growth economy could be showered by converting them into christian shopping zombies.
Growth has become a planet destructive ideology that has now infected all religions.
It feeds the multinationals which operate like hierarchical state bureaucracies with zillions of robotic parasites who conspire amongst each other to multiply and grow ad infinitum.
So they went out and started construction bonanzas in every corner of the world wiping out the last scraps of natural habitat/forests to cover it all with the usual concrete tourist bunker slums surrounded by airports, shopping malls and skyscraper hotels and dirty, dogshit covered beaches along the sewage infected sea - in the image of their own traffic riddled, polluted, infernal hell towns.
Since the bubbles have burst the charlatans, crooks, swindlers and racketeers can think, talk and do nothing else but rack their minds how to reignite the madness that caused it all.
First of all they lower interest rates to zero to punish the victims whose taxes will have to pay for it all while their return on savings is wiped out in a dishonest trick to turn the thrifty into shopping zombies buying all the surplus rubbish that's been oversaturating the global markets. Then the colluding Central bankers buy the junk bonds (dishonestly called assets in the media) that the banks accumulated with the savings of ordinary folks that are now being replaced with printed monopoly money to assist the racketeers in keeping their bankrupt empires going.
Over 50 trillion USD in debt that have financed the global Casino growth economy during the last ten years are now unserviceable junk bringing down the same global economy bubble it financed.
Now why would the political charlatans and their conniving cronies/lackeys believe that accumulating another 50 plus trillion USD in debts is not going to go the same way over the same period? - because nothing has changed!
It's the same old growth policy where debt is heaped on debt - the crooks knowing that they will be bailed out with ever more "stimulus" packages that stimulate the gambling/excesses
that cause the crises.
In the usual political "broadcasts" they call this the "road to recovery, creating jobs AND GETTING PEOPLE BACK TO WORK" WITHOUT ASKING WHY THEY LOST THEIR JOBS IN THE FIST PLACE.
It is said the humans are the only animal that have brains; yet it is clear that evolution stopped before the human brain developed the intelligence to understand the self-destructive consequences of fuelling the demographic/economic quantum growth
WITH EVER MORE PRINTED MONEY/DEBT/BAILOUTS/STIMULUS PACKAGES
THAT FINANCE THE GROWTH OF THE ROTTEN SYSTEM
that has massively damaged and ultimately will destroy the environment
that sustains the global life support system.
The Debtocracies are trying to beat the financial crisis with the same means that caused it.
It won't work because it is all a gigantic PONZI swindle as every generation passes its debt mountains to the next in a growing planet destruction delirium.
The manufacturing quantum of concrete for infrastructure/construction that is wiping out topsoil at a faster rate than any other activity has been described on CNN - in what is perhaps the truest description -
as the definition of a "healthy" economy (that is wiping out the global ecosystem).
That's why the Mortgage Bankers Association wants "new" money to throw after the bad.
This blatant insanity to restart the next global crisis is symptomatic of the criminal intent to accelerate the global planet destruction quantum by the same means.
Let's for a split second put aside the global environmental fallout of the last 60 years of unprecedented "economic growth" that has destroyed 95% of the natural habitat and biodiversity; polluted and wastelaid the planet and damaged the ozonelayer to such an extent that climate change will now be a permanent feature affecting longterm survival that is not going to be corrected with recycling, biofuels, wind turbines, solar panels, energy saving lightbulbs and all the other gadgets the cunning humans dream up to sustain and increase their global overproliferation.
Let's look at the global economic/financial crisis only:
The fact is that the insane debt for growth economy caused the present state of affairs.
When an eminent Authority such as Volcker declares that the massive US crisis has been worsened by the global economic slump it is misleading because the global economic slump has been caused by the massive debt financed economic growth obsession that caused the US crisis.
The scams to deceive the ignorant masses:
"Texas Financier accused of fraud by promising unrealistic/unsustainable high returns on investments as high as 12% p.a."
On the other hand Swiss Re is paying Insurance Mogul Buffet 12% interest p.a. for a cash injection.
Nobody has queried that this outrageously high interest rate that ultimately must be paid with ever higher insurance premiums is defrauding millions of thrifty savers of their miserly incomes because of the crooked Central Bankers' zero interest policy that has been commandeered by the political cronies to ease the burden on the racketeers' multi billion debts that were taken on based on fraudulent growth business plans which caused the global crisis.
Roche the world's biggest drugs peddler wants to borrow 18 thousand million (18 billion) USD to buy Genentech; it's yet another unwarranted growth madness. Nestle the world's biggest mass-produced "fastfood" peddler announces 18 thousand million (18 billion) Sw.Fr. net profit made from flogging ever more milk products, caffeine and chocolate to the lactose intolerant/tea drinking/rice eating Asians/Africans who are stupid enough to want to become as fat as the bulging hillbillies and europeans and are taken in by the sophisticated marketing/advertising tricks/deceptions.
When every Asian/African devours as many milk products, drinks as much coffee and eats as much chocolate as the white shopping zombies the grazing cows, coffee and cocoa plantations will have wiped out the last scraps of rainforest on the planet.
Microsoft wants to borrow "only" 6 billion to buy up would be competitors that might expose Windows as the biggest growth swindle/fraud in history. Windows is like 20,000 Watts of lightbulbs in a space where all you need is 75 Watts to work intelligently, rationally, efficiently and without endless delays and interruptions and idiotic window messages.
The internet/computers/software industry as a whole has been engineered/designed/corrupted into one of the most criminally self-feeding growth rackets of all time.
These are just a tiny number of recent examples of how growth destroys the planet's life support system.
The most systemic growth perpetrators are those religions who for centuries have based their insane anachronistic Humans Ueber Alles breeding/multiplication ideologies that have driven the debt financed planet destruction quantum. Above all the socalled "christian" religion that unlike any of the others not only promotes organic growth amongst its catatonic shopping zombies who believe in just about anything as long as its good for business (Brown invites Pope to help win the next election) but has vast armies of sterile transvestite agents all over the planet to indoctrinate/convert the poor and hungry and incite them to multiply ad infinitum reproducing ever more victims - that the mad ideology based on 2000 year old fantasy stories - specifically created for the purpose - in a global plan of world domination.
The mad growth ideology was implemented with the murderous crusades that resulted in the colonies whose resources were needed to feed, house, clothe and accommodate the invaders.
This destructive ideology has been globalised and turned into a giant monolithic human crusade/trade mission against the global eco-system which sustains the planetary life support system. This systemic drive for growth has infected all religions and literally turned them into adversarial trading blocs.
It is said the humans are the only animal that have brains; yet it is clear that evolution stopped before the human brain developed the intelligence to understand the self-destructive consequences of fuelling the demographic/economic quantum growth that destroys the environment that sustains the global life support system.
It is also a fact that the mad growth ideology has infected and intoxicated every sphere of human activity and like an avalanche drowned all rationality on the basis who cares about debt when you can simply retire it with more debt and by printing ever more money.
The Nazis at first wanted to flood Britain with paper money instead of bombs to bring down the economy: It's ironic that the Bank of England is now copying the idea.
It's the same formula that every crook, swindler and fraudster has been using for centuries also known as a PONZI swindle.
To "bailout" this lunatic state of affairs with more debt and paper money aka "stimulus packages" is the definite formula for laying the foundation for the next financial/economic crisis.
Every day the national propaganda services concoct a cornucopia of irrelevant extraneous "news" on the basis of one minute or less of alleged "facts" and hours of biased opinions from "guests and experts" ad nauseam to sustain the global confusion of the intoxicated masses about matters that don't matter when the droughts and tsunamis of climate change strike.
Apart from sport which is now just another form of lucrative show business the most prevalent propaganda is about the local/global economy that has destroyed/polluted/wastelaid the natural habitat/biodiversity/foodchain/air/water/soil and ozone layer and that the cronies of the racketeers want to refuel and reignite for more of the same.
Is it not insane to concentrate on increasing precisely that which causes the problem and presenting such inrease as desirable whilst deploring
the beneficial reality of a weakening economy?
According to Bloomberg "News" Merkel and Sarkozy may have to "bailout" other nations; what with their private savings accounts? Because their own nations are already running accomplished PONZI swindles with deep systemic governmental/municipal/institutional/private and corporate
debt mountains that will never be repaid.
In totally corrupted France company PONZI frauds are so endemic that the victims are blamed and there is no state authority that will prosecute the PONZI fraudsters. It's the biggest income source for the greedy lawyers who feed on the frauds like rats in a grainstore.
France has recreated the wild west in its dishonest business practices: some 400,000 registered Court Bailiffs (all of them university graduates) make a good living from these scams; the highest per capita number of bailiffs for one country in the world.
When Sarkozy says the G20 should abolish "tax havens" he ignores that FRANCE like the majority of countries is a tax haven for foreign companies and non-residents.
IT'S THE RACKETEERS AND THEIR BANKERS WHO ARE THE CROOKS IN EVADING TAX BY ACCEPTING ANONYMOUS, UNIDENTIFIED ACCOUNT HOLDERS THAT HAVE NEVER BEEN CONTACTED OTHER THAN THROUGH THIRD PARTIES - A SPECIALITY OF UBS AND OTHER BIG SWISS BANK MEDIA FAVORITE BIG SPENDING ADVERTISERS
In Britain they have the socalled Legal Services Commission a corrupted state bureaucracy that hands out billions in legal aid to swindlers, crooks, thieves and blackmailers that the victims must fund with their taxes.
Instead of addressing not only the only solution to the problem but also repeat the consequences of the systemic effects of growth until the masses understand that this is not something that can be propagandised away because it will manifest itself over and over again and could turn the planet Earth into another planet Mars.
Ironically the last 60 years of unprecedented economic/population growth have unleashed the most gigantic charity/environmental organisation explosion whose combined footprint now exceeds that of the entire world population of 60 years ago. All charity/environmental activity that is not accompanied by free condoms/pregnancy prevention to assist in weakening the global economy to a level where it can be sustained in balance with the a restored natural habitat/biodiversity is nothing other than yet another "stimulus" package and PONZI fraud that grows and accelerates the global environmental/biodiversity holocaust the consequences of which the next generation will suffer.
According to the latest report from the ICCP the reality of Climate Change is worse than estimated.
What has not yet been taken into account are the trillions of USD "stimulus" packages that have been thrown at the global economy to re-ignite the growth
that causes Climate Change in the first place.
ALL MONEY IS MADE FROM PLANET DESTRUCTION AND CAUSES PLANET DESTRUCTION.
It shows that there is criminal intent amongst the cronies aka G7, G8, G20 etc. to disregard the environmental impact of economic growth for short-term survival of those who perpetrate the environmental/biodiversity holocaust.
After the 2nd World War there was a chance to rebuild and maintain a stable world;
instead the rapacious humans have engaged in a new war of economic growth
now supplemented by stimulus packages and zero interest rates
to accelerate the destruction of the global life support system for all.
What they had learned from killing each other they now apply against the
environment/biodiversity and natural habitat.
During the last 60 years the humans have conducted the most criminally damaging assault on the global life support system/ecology that comprises the
Natural Habitat/Primary Forests/Biodiversity/Foodchain/Air/Soil/Water and Ozone Layer.
For 60 years the charlatans, the crooks, the do-gooders and the "experts" have hoodwinked the humans that money is all that's needed to resolve the global problems; it has led to the global debt explosion and more money in circulation per capita than at any other time in history and yet all the money/debt is made from environmental planet destruction and logically has financed more environmental planet destruction while causing ever greater exclusion of ever more humans from the 'quality of life' that money is supposed to buy.
This money/debt also has mutated the humans into disease riddled shopping zombies that has produced the medical industry bonanza. Most "developed" countries have now a "doctor" for every 300 humans desperately trying to diagnose profitable diseases from normal causes. In Africa there is about one doctor for every 30,000 humans which has made Africans the healthiest humans in the world though dying from lack of quality food and water.
The same can be said just about any of the so-called professions from "economists" to "lawyers" because they are the ones "educated" to cause problems to make the money they think they deserve. A lawyer on 300 USD per hour can easily justify an annual fee bill of 750K plus the usual expenses. That compares with state attorneys on 100K p.a. It's a global formula for corruption and the proof is in the fact that the environment that really needs it doesn't get a bail-out BECAUSE that would mean LESS MONEY AND DEBT IN CIRCULATION.
So it is ironic that the same charlatans, crooks, do-gooders and "experts" want to flood the human mass economy quantum with more money knowing that it will simply restore and sustain the status quo that has so clearly emerged over the last 60 years of unprecedented "wealth creation"!
Cynically they have the temerity to talk of "deflation" when the trillions pushed down the bail out sewers are in themselves evidence of a gigantic underlying inflation that the next generation will have to clean up.
This self-destructive relentless assault/wastelaying of the planet was and continues to be financed with debt reminiscent of the murderous crusades and colonial holocausts.
It led to the drug inspired out of control growth spiral of the Casino economics that saw
gambling as an end in itself.
When the cash calls came nobody could pay up.
When the banks said we have exhausted our already over-extended leverage and it was realised that that meant bankruptcy because the purported assets that had been marked up commensurately with the debt inspired gambling valuations were illiquid if not worthless - they called on their political cronies for so-called bail-us-out Stimulus packages to save their babylonian tower empires.
Nobody sane would bail out debt riddled compulsive addicted gamblers who like drug addicts want only one thing: MONEY FOR MORE OF THE SAME OR WORSE.
Unfortunately the gamblers/drug addicts threatened their cronies if you don't bail us out we'll bring you down with us.
It is now a question of whether to save the global life support system for the next generation
and do away with the gamblers/drug addicts whose overproliferation/obsession of debt financed planet destruction activities over the last 60 years based on selfish greed/avarice/megalomania/vanity and ignorance had caused more environmental destruction/pollution/wastelaying than all human activity since the times of Homo Erectus.
The political cronies chose to save the gamblers and drug addicts and their insane economic growth ideology and instructed their senile colluding central bankers to start reducing interest rates towards zero to restart/refuel the engines of the planet destruction bandwagon because the next generation isn't going to vote them out for a long time to come and the present generation has been misled/deceived/mesmerised/indoctrinated with false propaganda into a
permanent state of stupor that sustains the global shopping zombie syndrome.
So that today when everybody knows that the global mass-consumption quantum that fuels the global mass-production/trade/services market oversaturation quantum constitutes the root-cause of the environmental planet destruction scenario/climate change you have the French IMF Fuehrer command/dictate that nations must increase consumption to reignite economic growth.
The financial salvation of those who have caused the global environmental holocaust has thus been enacted instead of the preservation/conservation and restoration of the global life support system.
1. The global out of control economic growth mania/acceleration over the last 60 years that was supposed to eradicate hunger, poverty and socio-economic injustice; reduce environmental planet destruction and produce a healthy, clean and prosperous/equitable life support system for all turned out to be a gigantic avalanche/tsunami of precisely the opposite:
2. It encouraged the most fraudulent concoction of false and dishonest business plans by the racketeers who saw themselves as the new messiahs of hardware/software/construction and services that would make them billionaires and trillionaires by growing their empires on massive debt mountains and cover the planet with rubbish and toxic and radioactive waste.
3. The staggering global leveraged debt capacity that the colluding banking fraternity made available to the crooks made them too paper millionaires/billionaires that fed right through the corrupt system - so that even smalltime bankers would hand out debt in exchange for the usual brown envelope knowing that overall all debt would never be repaid other than through more debt so why worry because the gravy train was secured by the politicans/bureaucrats most of whom see luxury suites/positions waiting if and when their state careers come to an end.
(Merrill Lynch CEO redecorates his office for 1,2 million USD; UBS on a USD 60 billion lifeline after mismanaging its own business is paying 2000 million USD in bonuses to the staff that caused the debacle and yet UBS is today again lead advisor to many governments and corporate racketeers despite the fact that one of their main board directors has been declared a fugitive from justice) According to the usual Swiss lawyers such criminal offences including running accounts for unknown and unidentified individuals and where the bank has never bothered to identify or contact the beneficial owners to circumvent foreign and in particular US tax laws are perfectly legal in the yodel mountain state.
4. The banks therefore expected the politicians/bureaucrats to bail them out when they ran out of debt - knowing that governments can and will print any amount of money to keep the gravy train rolling. They call it stimulus packages - intended to encourage bankers to throw money again at every crook, swindler, fraudster to keep their PONZI business going on the basis of "don't worry when the money's gone we'll be there for more of the same".
5. The political/bureaucratic charlatans have it all worked out. The debt managed state that drives the debt managed economy can at least retain the jobs in the faltering rackets that were promised during the last election. To keep the media sweet and conniving in the PONZI fraud the state conveniently spends massive amounts of debt financed advertising from no-smoking campaigns (while encouraging the tobacco producers/manufacturers to expand) to health care provisions that only exist on paper (other than the endless queues in surgeries/health centers and hospitals). Most countries of course have no health service at all other than private quacks/drugpushers who rip off the desperate who must pay the extortionate fees modelled on the legal system on the basis we'll keep you alive as long as you pay. Today it means that 4000 million humans have never seen a doctor or dentist in their life and they don't all live in Asia. It's futile anyway because there's no known medicine against pollution and the effects of climate change.
6. The media thus financially encouraged presents the stimulus packages as a godsend salvation of mankind spiked with the usual lies and disinformation that they get backed up by nasty little "experts" who will say anything commensurate with the pay off they get. Presently the biggest lies presented is that more debt will save the global economy when in reality it will refuel the insane inflationary growth that has caused the bubble in the first place. That there is deflation as everything appears to be cheaper despite the fact that literally all food products have risen by an average of more than 30% over the last year and will continue to rise as currencies collapse under the growing stimulus debt mountains because 75% of all countries are food import dependent and there is an existing global shortage of food that is getting worse as ever more humans are forced to eat mass-produced cheap and nasty chemicalised, hormone and anti-biotics poisoned meat/fastfood instead of pesticide/agri-chemicals laden fruit and vegetables...
7. The debt financed global trade bubble that led to the most excessive mass-over-production and consequential market over-saturation was built on cheap debt and cheap labour. Labour will of course continue to be cheap because there is too much of it on a worldwide basis. Media lies include the absurd falsehood that some 40 to 50 million humans have no jobs in the world. The unequivocal fact is that there are today over 2500 million humans over the age of 15
- out of a total world population of some 6750 million -
who have no work contract or regular income of any kind. They rely on hawking, begging, illegal logging, stealing, sexual prostitution and whatever comes along. No stimulus package in the world will ever employ these 2500 million people who are growing at more than 80 million more per year.
2500 million was the entire world population of 1950 that today is eceeded by more than 100 million by India and China together.
(Overpopulation is consistently falsified by the news stations: Euronews states China's population as 1000 million. In fact it has grown to 1350 million despite its courageous one child policy that the internationally operating religious/human rights racketeers want to abolish; claiming it is an infringement of the right for humans to breed victims that can then easily be indoctrinated into the religious business rackets as compliant shopping zombies that sustain the economic growth insanity that's destroying the global life support system that causes the fears that drives the ignorant masses into the open arms of the religious charlatans.)
8. The racketeers told the banking fraternity we'll turn these people into shopping zombies as long as you fork out enough cheap debt to finance the rackets - knowing that ever more people on the planet means in reality ever less jobs as automated, robotised, computerised mass-production and mass-marketing replaces ever more humans.
That's the basis of the global economic growth ideology.
The political charlatans then conspired to force the central bankers to lower interest rates towards zero to enable this insane crooked economic growth bubble that will literally wipe out what's left of the planet's ecology. As the environment/natural habitat/biodiversity is a non voting entity the politicians saw no problem for their cunning save my lot PONZI scheme that will have to paid for by the next generation.
It's no longer a question of money but of environmental survival.
Even a trillion dollar won't buy a glass of drinkable water in a desert or a flood covered swamp.
9. In 1950 the 2500 million humans constituted a possible sustainable quantum impact on the environment at their rate of consumption. What's happened since is nothing other than criminal planet destruction facilitated by cheap debt.
10. Of course nobody will be brought to justice because the justice system itself is part of the global economic growth ideology that is victimising the next generation who will pay for the deception with their lives.
11. The underlying inflation that the trillions of debt/stimulus packages create is totally ignored. The short-term deflationary aspect of falling property values and oil is totally outweighed by the gigantic spending power that the growing debt mountains facilitate. Not so long ago football TV broadcasting rights in Britain cost some 100 million euros; now it is more than 1000 million euros. Global Municipal and Government debt has increased by more than 10000% over the last 60 years.
That is where the real inflation hides that the political charlatans deny because it is divided by the growing per capita numbers that are fostered/fuelled with every kind of government handout on the basis that even unemployed humans/victims can be turned into valuable shopping zombies to keep the worldwide mass-production/mass-consumption economic growth ideology in the business that destroys/pollutes/wastelays the environment which in turn provides yet another splendid business opportunity for more of the same until the planet is an absolute totalitarian human made wasteland when no doubt they will call on their various gods to bring back Nature.
President OBAMA's reference to the "weakened economy" must now be reinforced by a blunt message of whether humans want to continue to destroy the planet through growth of the global PONZI fraud debtocracy whereby today's generation incurs the debts that the next generation will have to pay or whether they want to accept an environmentally beneficial ongoing consecutive weakening of the insane bubble economy until a sustainable no growth balance between humans, their activities and the planet's life support system has been re-established: The PONZI fraud debtocracy economy of the last 60 years has done nothing for ordinary people other than causing sickness and deaths from pollution and environmental destruction that has caused global infrastructure collapse, a psychopathic violence driven society and systemic poverty, hunger and unemployment for billions of humans and unforeseeable consequences of climate change.
Leadership rather than servile vote catching is now needed everywhere.
THE LOW INTEREST MADNESS THAT WILL REIGNITE IT ALL
THE REALITY OF THE PLANET'S BIGGEST PONZI FRAUD
That makes the alleged Madoff 50 billion scam a minor petty cash incident
The 60 trillion USD of global national debt that have been accumulated by the spendthrift/overspending governments to pay for their planet destruction economic growth/job creation swindles have in fact been used to pay off the debts incurred by the previous environment destructive racketeers that have defrauded/over-saturated/flooded the markets:
This gigantic debt mountain is the benchmark for the similarly gigantic municipal and private debt mountains that have been fostered/fuelled by the governments and banks to sustain the planet destructive mass-production/mass-consumption shopping zombies growth economy that has wiped out 95% of the global natural habitat and its biodiversity (IUCN) and left the overpopulating humans in unilateral control of a dying planet where even socalled protected habitats have been invaded, occupied, polluted and turned into construction/tourist slums all over the devastated planet.
As governments spend ever more money on IVF/reproduction methods while denying free abortion and contraception to those who want/need them most they are effectively creating the victims of the future who must pay for the debts of the previous generation and commensurately suffer the dire consequences of the environmental holocaust that was unleashed.
In an insane contradiction the humans continue to spend trillions on arms to defend themselves against themselves while killing/violating everything around them.
While Madoff's copycat Ponzi scheme will likely land him behind bars -
the indebted governments are congratulating themselves and are being lauded for having lumbered the next generation with the debt mountains that they have incurred for the present generation in what is the world's most cunning, officially sanctioned/instigated Ponzi fraud so far.
G20 - the new mafia - to reward their sponsors/racketeers and restore planet destructive economic Growth
Some politicians now want to change "Capitalism" and prevent "speculation"
(why did they not say this this before to prevent the global socio-economic-environmental-financial crisis that is now invoking them to make such statements? -
Because they and their political/religious allegiance underpin the ugly face of the global Casino capitalism and gambling speculation that thrives under their policies of
low interest; unlimited leveraged debt mountains and letting one's currency collapse!
Thousands of missionaries are out there in the poor countries to breed/convert more humans to this roulette socio-economic-environmental-financial planet destruction ideology.
The phenomenal growth of debt-financed government/local authority/municipality/state expenditures where everything is muddled/duplicated/squandered in an endless papershuffling scenario
- while the overall dog shit covered infrastructure is falling apart - despite ever higher underlying taxation and state enterprise extortion rackets that are covered up with PR tricks like 1000 dollars tax rebate for every family that has just been forced to contribute 20,000 dollars in "stimulus" packages to bail out the politicians favourite racketeers -
that despite employing millions of totally superfluous bureaucrats/chieftains to supervise the inefficiency;
management consultants to concoct additional job opportunities despite the fact that every additional job in the world has a direct commensurate planet destructive quantum impact;
computer programmers to compound the existing system mess;
experts who request more experts as "expertise" becomes ever more narrow;
accountants to assist in cooking the debtladen books;
lawyers to invent ever more rules, regulations and laws that contradict existing ones:
yet all this madness has failed to reduce local/national and global unemployment that continues rising.
An intelligent socio-economic-environmental-financial order would be based on first principles that would automatically prevent the chaos and disasters the world is facing.
This of course would expose the charlatans who thrive under the cloak of chaos and disasters that are used to hoodwink and disinform the masses who are being kept entirely ignorant about the law of first principle in collusion with the religions who base their belief systems on thousands of years of concealment of facts/reality and infantile idolatry that resembles drug addiction.
In A French newspaper it is suggested that the relatively cold weather in Europe that is still much milder than it was even a generation ago confirms that therefore there is no global warming. Such simpleton propaganda is now disseminated by the media in total ignorance that the massive icesheets that have detached themselves from the Antarctic - as a direct consequence of human activities - are having a cooling effect on Europe that will be made worse with ever more global warming from the insane "stimulus" packages, low interest debt financed economic growth=inflation and breeding incentives that the politicial charlatans dream up.
INFLATION HAS CAUSED THE GLOBAL ENVIRONMENTAL PLANET DESTRUCTION HOLOCAUST
1. Demographic inflation
WORLD POPULATION 1925 - 1750 million humans : TODAY - 6750 million humans
Population 2050 (from www.geohive.com)
AMAZONAS RAINFOREST 1925 - 730,000 square miles : TODAY - there's not one square mile of Amazonas Rainforest that has not been invaded/polluted by humans be it for illegal logging; cattle ranching; soya bean or bio-fuel growing; small agriculture; mining; roads; dams; eco-tourism; "scientific" expeditions etc. and ever more landless farmers
- in the countries of the Spanish/Portuguese introduced insane Roman church that prohibits contraception/abortion under the "right to life" banner -
a lunatic policy that causes 50,000 to die from malnutrition every day
(in 1972 it was 12,000 a day)
flood into the amazonas and move from one slash and burn site to another to feed their growing families often comprising ten or more children=victims.
No unmolested intact rain forests exist now anywhere.
Violence, crime, hooliganism and wars are spreading everywhere as the have nothing to lose fight for resources that no longer exist: Take Israel in 1945 "Palestine" had some 500,000 inhabitants that have increased within Israel and Gaza and the West Bank to well over 10 million and growing while resources are declining. The Palestinians rely entirely on food aid to survive because there is no land to grow food. This situation can never be resolved and is getting worse with rising population inflation. More than 50 years of violence have done nothing other than to worsen the plight of the growing number of victims. The unacceptable bombing of densely overpopulated areas is a clear sign of impotence in the face of intractable odds that reflect a microcosm of what is to come on a worldwide basis where local resources are insufficient for a decent standard of living as a result of overpopulation.
2. Stock Market Inflation
In 1925 the Dow Jones stood at around 100 compared to 14,000 in 2007 and 9,000 today and rising back up again - financing more global economic growth=inflation=climate change/natural habitat destruction/biodiversity extinction with more mass-overproduction and more mass-overconsumption.
3. Money/Debt Supply Inflation
Considering that the United States Gross Domestic Product in 1925 was less than 100 billion USD - today it is over 13 trillion USD; today's money supply has exponentially increased into so many trillions that the FED has unilaterally decided to make it a secret by refusing to publish M3 anymore.
Global debt is estimated at some 60 trillion USD today (updated from the CIA factbook) that equals the market value of all publicly traded shares in the world. Per Capita debt in the USA has risen from 5000 USD in 1985 to about 50K USD today. All countries have similar or higher per capita debt level percentage increases and that is yet another reason why every country seeks to increase its overpopulation to reduce the per capita indebtedness while the debt itself is rising. It is also another reason why inflation is tolerated if not welcomed/engineered as it literally helps to reduce debt in real terms. All of this criminal financial engineering fuels the global environmental planet destruction quantum that is causing climate change/the destruction of the natural environment and biodiversity extermination.
4. Ordinary day to day Inflation
This is reflected in the food items that have increased commensurately with the global money supply explosion; the global demographic explosion and the global stock market explosion because more money means more spending driving up prices; more humans means less land for growing food and the stock market inflation creates staggering debt mountains that can only be covered up with balance sheet inflation that feeds into everything.
5. Livestock/feedlots and motor vehicle (cars/trucks/buses) inflation
The rising dead body chewing habits of the human killer species has increased
a) global beef cattle to 1300 million
b) global sheep and goats to 1800 million
c) pigs to 2000 million
d) chicken incl. cocks to 140,000 million
(some of the more unscrupulous meat producers/traders call livestock/feedlots "biodiversity")
causing altogether even more damaging/planet destructive greenhouse gas/acid rain/resource consumption than motor vehicles that increased from about 70 million in 1950 to a staggering 700 million by 1996 and are now totalling in excess of 1000 million.
6. Poverty Inflation
The systemic poverty of the 4000 million have nots in the world is solidified by the global economic growth=inflation policies that are affecting ever more humans that have real jobs and real incomes.
One cunning political trick is to incite the "little people/retired" (i.e. the ones that do not have access to millions/billions in leveraged debt finance to manipulate markets) to save by offering "high" interest rates and safety. A few months later the government via its Central Bank lackeys drops interest rates to assist the racketeers who have taken on vast debt mountains to sustain their debt inspired lifestyles/megalomania which not only means reduced income for the little people/retired but also a massive loss of capital in international terms as the currency collapses commensurately with the low interest rates. The EURO, USD and the Pound Sterling are prime examples of how ongoing exchange rate manipulation makes the poor poorer and assist the rich in getting richer.
Hence the charlatans who currently talk about falling inflation obviously never go shopping while relying on the shortsellers who have been driving down the oil price - until they go long again when oil could easily breach the 200 USD a barrel level by 2010.
Already Russia has made it clear the cheap gas days are over.
THOSE WHO DO NOT WANT TO RECEIVE OR REFUSE THIS GLOBAL PLANET DESTRUCTION REPORT ARE THE SAME TYPES OF HUMANS WHO CONNIVED/COLLUDED WITH THE FASCISTS, THE FALANGISTS, THE NAZIS AND ALL THE OTHER PLANET DESTRUCTION IDEOLOGIES THAT WERE CONCOCTED TO PROMOTE NATIONALISM/RACISM/SEXISM AND ECONOMIC GROWTH BASED ON THE MAD RELIGION THAT THE PLANET BELONGS EXCLUSIVELY TO HUMANS AND THEIR INSATIABLE STATE FOSTERED MASS CONSUMPTION/REPRODUCTION/OVERPOPULATION HABITS THAT CAUSED THE MURDEROUS COLONIAL HOLOCAUSTS FOR LEBENSRAUM AND RESOURCES
There's already 1 kilo of deadly radioactive plutonium waste for everyone of the 6750 million humans and nobody knows where to safely stash it away since they've decided not to dump it anymore in the oceans.
Apart from that the humans have more than 50,000 nuclear weapons -
enough to wipe the planet clean of all life a thousand times over.
Now why would these decent, law and order abiding, god believing, possibly even church going, family minded, honest and upright human citizens want to blow everything up?
All this freedom, free trade, civil liberties etc. is organised under the corrupt two party democracy pretence whereby the political charlatans gain power on the ever larger voting ticket of expecting shopping zombies that they then use to further the vested planet destruction interests whose deep-seated systemic scratch my back I'll scratch yours corruption has resulted in the global financial crisis where trillions of debt dollars that should never have been issued in the first place have financed the global planet destruction/environmental holocaust ranging from acid rain to toxic/radioactive wastelaying whereby the natural habitat/biodiversity/clean air has been wiped out/exchanged for the biggest construction/mass-production/mass-consumption madness/pollution of all times that has caused climate change.
the planet destruction criminals will do everything to prevent you from reading this global plain language report
don't let the academic charlatans continue to befuddle facts with their usual cornucopia of convoluted language invented to hold sponsors and society to ransom for more of the same
THE PLANET WOULD NOT NEED SO-CALLED ENVIRONMENTAL AGREEMENTS IF THE GLOBAL HUMAN QUANTUM IMPACT WAS KEPT WITHIN THE NATURAL LIMITS OF CO-EXISTENTIAL BALANCE WITH THE ECO/LIFE SUPPORT SYSTEM/RESOURCES AND BIODIVERSITY.
INSTEAD THE PSYCHOTIC HUMAN QUANTUM MASS PREFER TO OPEN THEIR ECONOMIC GROWTH/STIMULUS PACKAGE SEWERS AND PRESENT IT AS YET ANOTHER CLEVER INNOVATION FOR MILLIONS OF JOB AND BUSINESS OPPORTUNITIES TO COMPOUND THE PLANET DESTRUCTIVE MESS FOR MORE OF THE SAME.
Covering the planet in wind turbines/solar panels is not going to feed the billions that go hungry every day.
Hence it comes as no surprise that the ecologically defunct
- unlike the leader of the 2000 year old freak/hat show-business
(famous for its widely promoted anti-contraception/anti-abortion/anti-sex before marriage antics that has caused the human environmental holocaust/deforestation/climate change over-population quantum impact that is killing families which he pretends to cherish - based on the socio-economic-religious precept that all crimes will be forgiven if a wafer is swallowed at Sunday mass that has created the international planet destruction mafia and their supporting cast/protection racket of sponsored economists, crooked lawyers and compliant politicians)
better known as Pope who has now publicly stated that it is as important to save the Rainforests as it is to save "mankind" from transvestite and trans-sexual "behaviour". The Pope has thus instructed the millions of sterile - when they're not abusing children - transvestites that form the nucleus of his global brocade costume circus act to discard their female frocks for male trousers.
He himself has allegedly ordered some BOSS suits for himself -
a church for hooligans/barbarians that still feeds on the meat served up from
public torture of animals officially approved by their fellow EU butchers
(what they do with the ears and tail that are handed to the local priest is anybody's guess
After centuries of poisoning the minds of the cretins and easily manipulated with their hallucinogenic rituals - the religions that are nothing other than gigantic business cartels with their insane breeding/multiplying gospel that has overpopulated the planet - are now reluctantly acknowledging that the human is not the only species on the planet after having wiped out 95% of the planet's natural habitat and fellow mammals.
Having invented god as the ultimate fall guy they refused to accept the reality of the bio-ecological co-existential balance between humans and fellow species that is necessary to sustain the planet's life support system.
French Chief of the IMF - wallowing in ignorance - pushes the debtocracy governments to sling billions - that were made or must be made from planet destructive activities - in stimulus packages in all directions to bring back/sustain the beloved economic growth=inflation insanity that has caused the financial crisis and climate change and that is wiping out the global life support system.
The so-called financial crisis is nothing other than a predictable consequence of the global low interest debt spiral that caused the "get rich quick" ideology that attracted every crook, swindler and fraudster to invent the "no capital/no savings needed" global debt financed rackets such as the buy to let racket whereby massive multi-million mortgages were accumulated to buy property apparently for letting. However in many cases the mortgage was split between the crooked mass-construction racketeer and the pretended buyer who simply walked away from the building with the mortgage cash. At the height of the low interest debt bubble such properties could be sold many times over with new mortgage frauds. In an immense show of greed the banks then purchased these non-performing, over-mortgaged construction dynosaurs in subprime packs amounting to billions only to flog them again to unsuspecting clients.
The other low interest debt frauds that are yet to unfold will be corporate debt based on fraudulent business plans; the junk bond debacle; and the credit card frauds that induce the debt junkies and crooks to sustain the politically welcomed mass-consumption shopping zombie buying frenzy that sustains what they call economic growth which in reality is nothing other than underlying inflation.
The insanity is that the debt financed economic growth ideology has created the globalised chain reaction that has wiped out millions of small businesses and created commensurate unemployment that the political/institutional charlatans want to stem with their multi trillion "stimulus" packages for the globalised dynosaurs that will simply create more market saturation and oversupply.
What is a shopping zombie? The political survival of the charlatans is based on the intellectually brain dead humans who need to make up externally what they lack in intellect: that means ever more cars, perfumes, clothing, food, "beauty" creams, and ever larger TV screens etc. that are an integral part of the idiotic advertising spam diet served up by the TV/Internet/Cell phone rackets.
The shopping zombie is also distinguished by a multilateral herd identity/mentality - aping/parrotting anything that the media prechew.
In the hillbilly land where guns are needed to express meaning - the socalled media regurgitated economic/financial crisis has totally eradicated any public concern about the environment or climate change.
The shopping zombies addiction has been nurtured by government enacted destruction of the natural environment that has culminated in France with the construction of massive polluting concrete bunker cities loaded with plastic furniture in the Alps to accommodate ever larger quantities of catatonic apres ski zombies.
In France destruction of the environment is seen as progress, innovation and a god given right.
The shopping zombies lust for planet destruction is exacerbated in their psychopathic admiration for freakshows such as the Guiness World Records where demented morons are incited to become "world champions" in hacking down Pine Trees or breaking baseball bats with one leg and similar acts of violent destruction of resources that are nothing other than applied insanity.
THE BIG RECKONING AFTER MORE THAN 60 YEARS OF
SOCIO-ECONOMIC-ENVIRONMENTAL MISMANAGEMENT/LEADERSHIP/POLICY FAILURE THAT CAUSED THE ENVIRONMENTAL HOLOCAUST/CLIMATE CHANGE BASED ON LOW INTEREST DEBT FINANCED ECONOMIC GROWTH WHICH IS NOTHING OTHER THAN INFLATION
Democracies are now corrupted totalitarian state-financed Debtogracies/empty slogan societies - other than violence - that compete/fight against each other in the global economic growth=inflation=planet destruction war ideology
THE WORLD HAS BEEN TURNED INTO A GIGANTIC THIEVES PARADISE - DEBT IS THEFT
Of course that does not include ordinary home mortgages or temporary small business bridging loans.
AND LEVERAGED DEBT IS DEFRAUDING SAVERS
LOW INTEREST RATES FUEL THE DEBT IDEOLOGY THAT CAUSE THE CRIMINAL
ECONOMIC GROWTH/OVER-PRODUCTION/MARKET SATURATION/FINANCIAL CASINO GAMBLING
THAT FUEL PLANET DESTRUCTION/CLIMATE CHANGE AND THAT ULTIMATELY CAUSE RECESSION
About Casino gambling: take the oil price or any commodity as an example: first the long traders drove it up to 145 USD from around 50 USD and now the short traders are pushing it down to where the gambling started or lower. As long as you have gamblers who can access leveraged debt finance ad infinitum to place long or short bets you have extreme market manipulation. It has absolutely nothing to do with supply and demand despite the media having been instructed to repeat the contrary ad nauseam.
Now the criminals who run the global planet destruction rackets are doing the same with pollution trading scams that the infiltrated/corrupted environmental charlatans invented to justify their own rackets.
THE GLOBAL FOOTPRINT OF THE 80 MILLION ENVIRONMENTAL ORGS EXCEEDS THE TOTAL FOOTPRINT OF THE ENTIRE WORLD POPULATION OF 2500 MILLION IN 1950.
The global environment is being destroyed by debt that finances the economic growth mirage that is nothing other than inflation.
The socalled EU 2020 environmental agreement is just another Kyoto, Montreal, Basel etc. heap of environmental phantasmagoria designed to deceive the gullible media and those who read/watch/listen to it.
It is also a memorable piece of deception in that it pretends that certain greenhouse gas reductions which are unlikely to be achieved due to the growth in shopping zombies and their addicted mass consumption habits but which in any case cannot undo the damage already caused.
Of course true to their religious affinity the restoration of the totally wiped out natural habitat and biodiversity in Europe has been totally ignored so as not to upset the gravy train of economic growth=inflation that has just been stimulated with 200 billion of money that was made from environmental destruction/pollution/wastelaying and that was put in place by the political charlatans to sustain the same planet destructive quantum activities that produced the money in the first place and thus will finance an ever greater quantum attack on the global ecology; quantum attack that is decimating the global life support system.
INSTEAD THE PSYCHOTIC HUMAN QUANTUM MASS PREFER TO OPEN THEIR SEWERS AND PRESENT IT AS YET ANOTHER CLEVER INNOVATION FOR MILLIONS OF JOB AND BUSINESS OPPORTUNITIES TO COMPOUND THE MESS FOR MORE OF THE SAME.
As long as there is population growth there is economic growth with the usual intervals due to oversupply, market saturation AND THE USUAL DEBT DEFAULTS/FRAUDS caused by the low interest debt financed globalised mass-production/service/development rackets; and as long as there is economic growth there is ongoing pollution/natural habitat destruction, biodiversity extermination and wastelaying of the planet that is causing climate change. Hence as long as the political/institutional/bureaucratic/educational etc. charlatans and their corporate mafia bosses/lackeys/associates promote economic growth which in reality is nothing other than inflation the planet is doomed.
The political/institutional/bureaucratic charlatans totally ignore that ever more money/debt means ever less food/natural habitat/biodiversity/quality of life
The only comparison to the overcrowded/polluted/toxic/radioactive waste riddled/traffic jammed/infernal/dust-smoke-particle laden bunker city slums that are now "habitat" to more than half the 6750 million humans are the concentration camps/prisons aka Zoos that humans invented to exhibit fellow species for amusement and the usual "scientific" experiments.
During the last 60 years of ongoing boom/bust economic mismanagement/growth=inflation financed with ever larger low interest debt mountains/stimulus packages the global human footprint has produced the greatest environmental holocaust/natural habitat destruction/biodiversity extermination/pollution/acid rain/ozone layer depletion/desertification/deforestation as much as growing hunger/poverty amongst the overproliferating/overpopulating humans
- that the corporate racketeers and their political lackeys want to turn into compulsive shopping zombies -
most of whom now subsist on systemically poisoned fastfood/TV spam
- 75% of grains feed the dead body gnawing habits of those who want to resemble what they chew - the rest they now want to go on biofuels for all those SUVs that clog the gridlocked roads -
subsisting like rats in gigantic cell divided bunkers in slum cities surrounded by pesticide poisoned agri-factories and nuclear power stations while 50,000 die every day from malnutrition up from 12,000 a day in 1970.
As the planet is getting ever more overcrowded the infrastructure is disintegrating everywhere - don't believe the publicity stunts on the media that show clean roads, smart hospitals, empty waiting rooms, attentive doctors or helpful bureaucrats - the fact is everywhere the dirt and waste riddled roads and pavements are uneven potholed danger tracks carved up by the gigantic traffic streams; zebra crossings have not been repainted for years and now constitute the most perilous crossing of any road; health centers, clinics and hospitals are not only overcrowded but also the easiest way of catching infectious diseases; parking spaces are more difficult to find than a needle in a haystack - sometimes there is one for sale at the cost of a studio apartment; at government departments queueing for hours and endless form filling has been created to employ the millions of otherwise unemployed.
60 years ago some 1000 million out of then 2000 million humans on the planet were hunger/poverty stricken.
Today the criminally insane breeding/anti-contraception/anti-abortion policies of the global Hitlerites has driven human overpopulation to more than 6750 million- increasing at more than 80 million a year - out of which more than 4000 million subsist on less than a dollar a day.
That's an inflation of poverty of more than 400% in only 60 years that the charlatans have caused with their "make poverty history/development/greening the planet etc" sales promotion rackets trying to unleash the catatonic throw away plasticized/chemicalised/artificial fibre/fastfood shopping zombie religion
- 2000 years of religious hypocrisy have created nothing but the world's biggest shopping zombie festivals like Drinkmas/Meatmas and Feaster - onto ever more victims to further their own money grabbing culture that's caused climate change.
Following some 2000 years of racial/national/religious inbreeding that has created the planet's most violent/murderous/crooked/dishonest/doubletalking/doublefaced/self-righteous/hypocritical/self-serving/self-congatulating/self-adulating planet-destructive species of all times enshrined in deceptive/dishonest slogans like "human capital", "sustainable development", "environmental governance" or cynically "the international community".
There is of course the international community of vested interests: the international racketeers, billionaires and trillionaires who fuel/sponsor the global planet destruction ideology and their servile political/institutional/bureaucratic lackeys.
How the USA and its imitators are turning into debt-riddled Banana republics/Debtocracies
A Banana republic is a debt financed state where the government is entirely controlled by the vested interests/racketeers - in whose slipstream thousands of swindlers, crooks, fraudsters have set up businesses entirely financed with debt that they will never be able nor willing to repay knowing that their political lackeys will serve up the demanded no questions asked "stimulus packages" to keep the crooks in the comfort of their debt inspired lifestyles. This has led to the global play it again Sam/Marianne debt for more debt scenario on the basis that what you borrow today will be peanuts in ten years or less as the underlying global financial inflation of business "values" is exploding that the colluding Central bankers facilitate with ever lower interest rates.
A criminal corruption of financial rectitude/ethics by the debt junkies and their dealers that is defrauding savers.
From hundreds of thousands of small time crime outfits/fraudsters like SA CHEZ FRANCE (a PONZI scheme with shareholders like BNP PARIBAS and OSEO/Caisse des Depots who say it's none of their business how the Directors cook the books) set up with no cash capital at all that have obtained millions in debt from French state organisations to the big corporate borrowers nobody knows how much backhanders have facilitated this corrupt bonanza that has made France the most systemically debt riddled country outside of the USA that is an investors nightmare and an environmental bombshell as its nuclear waste over-proliferation and agri-chemical/pesticide infested produce/cheeses and wines poison the planet. SA CHEZ FRANCE is symptomatic of the French debtocracy, a company set up purely to defraud the French taxpayers knowing that there is no retribution in what is the most bureaucratised country in Europe. SA CHEZ FRANCE epitomises the French tourism industry nesting themselves into hotels under false pretences without paying rents, insurances and taxes while ripping off the unsuspecting tourists who are innocently financing the fraud. France has the highest number of crooked lawyers in the world who specialise in running elaborate protection/conspiracy rackets for the fraudsters by abusing the Courts with endless false and fraudulent paperwork and thus helping the fraudsters continue stealing the victims money and property. It's all part of the French way of doing business. You can sue them and they can drag it through the courts while continuing to pocket the money. In France you cannot recover costs; that's why it's a thieves paradise highly advertised by its President:
as a special thanks for being stupid enough to invest in Europe's most insular, xenophobic, racist debtocracy your local tax office will double your property tax.
The aptly named French Casino supermarket group - also known as Al Campo - sells 4 estaciones salad in two packs. The small pack containing 250 grams of salad sells for 75 centimos. The large pack containing 450 grams should sell for less than 1.50 Euros as it is 50 grams short of two times the small pack. Knowing that the Spanish are weak in arithmetic the cunning French rip them off for 1.79 euros for the large pack. Or take Kikkoman Soya Sauce that today sells for more than 6 Euros while until recently it was sold for 4.50 Euros.
Not that the Spanish need any lessons in ripping off tourists/foreigners….
Remember total GDP of the USA in 1940 was less than 100 billion….Today it is more than 13 trillion: That's an indication of the exponential planet destructive inflation to come.
The political charlatans are too busy attending photo calls and trying to decipher the endless slogans their speech writers serve up for public consumption.
the fact is that the debt criminals/thieves have taken over the planet and are holding everybody else to ransom via their crooked lawyers who have corrupted and perverted the global judicial system in collusion with the faceless bureaucrats that are overproliferating the planet now deceptively referred to as Customer Service representatives.
In France the official Tribunal/Courts Administrators website is nothing other than sales outlet for French businesses that are advertised under the heading "enterprises".
In Britain the adversarial legal system has been corrupted by certain crooked lawyers operating in collusion with equally crooked "counsel" and judges who conspire to pervert the course of justice all under the protection racket of the Law Society and the socalled Bar Council. The Yellow Pages are stuffed with advertising from the aptly named "solicitors" who specialise in furthering the "rights" of crooks, thieves, fraudsters, perjurers and just about any delinquent whereby the solicitors and counsel deceive the Court and mislead the judges based on false witness and evidence that nobody has verified. Corrupt court officials collude and connive with crooked solicitors to delay communications or letting documents disappear to pervert the course of justice.
In Britain this practice of abusing the Courts has exploded during the last ten years of the "easy money" debt boom bubble that was unleashed by the Blair Government and which is now in ashes.
The corruption is evidenced by the fact that what were formerly described as wanted Terrorists such as Kenyatta or Mandela or Gaddafi were subsequently either received on official State Visits or embraced and kissed like long missed lovers.
In 2008 Blair walks up to Gaddafi and to Gaddafi's surprise embraces and kisses him on both cheeks.
As Britain's oil and gas reserves are running low - no doubt Blair was asked to kiss this oil/gas rich supplier to show that Britain did not want to initiate another Iraq style massacre.
The only question is when will Blair who is still secretly running Britain kiss the Russian Leaders.
There are now some 4000 million surplus humans on the planet who have nothing to lose.
All of them born during the last 60 years. In India alone some 1000 million out of 1400 million Indians subsist on less than one dollar a day.
This will no doubt be news to footballers like the Real Madrid or Unicef sponsored Barcelona players who earn
a basic salary of 7 million Euros p.a.
They have never heard of CNN, BBC Worldservice or Euronews and similar propaganda stations
- manned by people who are paid for every word they say by the respective commercial/corporate sponsors - they repeat everything endlessly knowing that only morons watch their half-baked exchanges of allusions, innuendo and allegations that can be denied or reaffirmed in the next show according to sponsor's wishes…the poor don't give a damn about what happens to the wealthy folks who can afford to stay at the 400-4000 dollars a night Taj Mahal or to the Indian billionaire who built himself the world's first 1000 million dollar home right in the middle of Bombay.
CNN - one of the original mass-consumption shopping zombie promoters - in their latest sales promotion feature "PLANET IN PERIL" - smugly inserted between the planet destructive advertising spots for the usual growth industries that accelerate climate change - is sponsored by the polluting aluminium/steel/concrete industry that wants to cover the planet in infernal/soil-sea polluting/bird killing wind turbines to provide the energy for more of the same planet destructive growth.
The fact is the have-nots are now a massive majority on the planet and this fact is compounded by the growing unemployment in the "industrialised" countries including the USA and Europe compounded by the fact that every year more than 80 million more humans want jobs.
The planet destructive impact of jobs has of course never been calculated but looking back over the last 60 years during which the planet's human population tripled and seeing that planet in peril fuelled by ever more economic growth=inflation that has caused climate change, the destruction of all major rainforests, the decimation of all major natural habitat and the commensurate extermination of biodiversity speaks for itself.
Knowing that easy to get low interest debt has always attracted the crooks who set up fraudulent businesses that create a few jobs the politicians still cling to this society damaging concept because it also keeps millions of crooked lawyers and an ever larger judiciary in convenient, well paid jobs.
In France debt financed state organisations like OSEO, Caisse des Depots, Avenir Tourisme and myriads of subsidiaries dish out hundreds of billions in debt to the criminals that they know will never be repaid.
In fact nobody in France knows how indebted the country is and nobody wants to know either in the secure knowledge that there is always more debt being printed to throw after the bad. When one small time trader lost 5,000 million Euros for Societe Generale the frog leg chewing French were proud that they could now match the "Anglo-Saxons" in the cocaine inspired upper echelons of international high finance.
Prior to joining the EU France was of course world champion in devaluing its rubber currency;
Today Britain has taken over this proud economic expediency by letting the pound collapse by more than 30% against the Euro in less than 6 months -
now dutifully continued by the EU Central Bank with ever lower interest rates which is defrauding savers
while rewarding the insatiable debt junkies for their environment destructive growth mania.
Whenever and wherever the political charlatans meet they talk about more trade in an exemplary display of nazi/fascist/jap style low interest debt financed inflation growth economics. At the time the nazis/fascists/japs made war for possession of resources; today they have all joined together to make war against the whole planet to scrape up the remaining resources like a cancer that grows for only one reason:
to destroy and kill its host which is the planet Earth Ecological life support system;
accompanied by cynical/empty/deceptive slogans like "International Year of the Planet" concocted by the slick cocktail party crowd that makes up the United Nations to justify more than 100,000 annual seminars, conferences, meetings in 5 star locations all paid for with the money made from planet destruction. The EU wipes out virgin forests that are replaced with ecologically damaging cash crop timbers by translating its gigantic paper mountains into 27 languages in effect multiplying the environmentally destructive quantum impact by 2700% ever year. With the usual insolence of bureaucrats they deceive the masses with the usual tripe about carbon offsetting and similar falsehoods and deceptions like pollution trading.
According to the Yale Economic Review Economics can be learned from video games;
In reality the last 60 years of Economics has been nothing other than throwing ever more low interest debt on a non-stop spinning roulette table
WHY NOTHING SHOULD BE VALUED ABOVE ITS SUSTAINABILITY SUBSTANCE
At best at net asset value but who can predict asset values on a climate change affected planet on which New York, London, Bombay, Rio de Janeiro, Sao Paulo, Tokyo, Sydney and other major cities may all be submerged from the rising seas and changing weather patterns creating massive new migrations, habits and lifestyles.
The political charlatans evidently believe that they are conforming nicely to the diktats of the global corporate crime bosses by "investing" hundreds of billions of bailout gambling chips into the stimulus packaged Casino markets all of which eventually debt financed with worthless junk bonds or tax screws that will cause a massive trail of real inflation.
why anything that contributes to economic growth=inflation must be devalued until it is eliminated
why the global Casino gambling mentality must be eradicated
NYSE and NASDAQ better known as the Wall Street Casino jumped because Fed Chief who sank more than 150 billion into bankrupt AIG is to become Treasury Secretary; Now AIG is given another 30 billion on top. Is that the way to run an insurance company?
and they jumped again when the taxpayers are proudly told that they will guarantee an initial 360 billion USD in gambling debts of Citigroup.
UBS got a 60 billion bailout plus 6 billion in cash from the Swiss Government. Switzerland has a annual GDP of around 300 billion. If one bank allegedly run by highly educated banking professionals supposedly known for their prudence, thriftyness and compliance necessitates more than 20% of its country's GDP what's going to happen when the others follow in the slipstream? Virtually every day we hear of billions thrown around like monopoly money
(don’t worry the UBS golf tournaments and lavish client entertainment are now secured; the Swiss taxpayers are footing the bills) It's strange that a bank that has for decades run number accounts for clients that have never been identified should continue to attract government business; Germany has asked UBS to advise on merger of German banks; Britain too is passing merger business of TV stations to UBS and cynically some "Earth" environmental outfit is doing some melting Antacrtic glacier "research" with UBS when it is the trillions of the world's biggest "wealth" manager that cause global warming in making the fortunes that are then "invested" in more environmental planet destruction ventures that melt what's left of the glaciers everywhere:
This is the systemic global corruption effect
The bailout/stimulus packages will lead to the greatest debt bonanza of all times that will turn the most indebted countries in the world, i.e. the USA and its imitators into just another overleveraged Lehman Brothers/Banana Republic/Debtogracy.....remember LB went from over 125 USD to 3 cents unlike the
trillions of bailout/stimulus packages debts that will be replaced with more debts in a gigantic inflation scenario and
a heap of non-performing/unrealisable/worthless paper collateral/junk bonds and raised taxes;
that's why the low interest debt ideology must be terminated
why the environment must come before the economy even for low IQ people that continue to pursue Keynesian economics - knowing that all money/debt originates from and fuels planet destructive activities. Hence throwing ever more money/debt into the economy with one hand and preaching environmental governance with the other is nothing other than deception and fraud.
The rapacious planet destructive criminals who see the global ecology as an infinite moneyspinner are now controlling everything and nothing more so than the advertising/sales and marketing industry and related stockmarket/trading Casinos that have turned all professionals from Professors to Doctors, Dentists, Economists, Pharmacists, Lawyers, Accountants etc. into sponsored liars/sales gumps who will do/sell/buy anything for more money either as prostitutes or pimps whichever is the more profitable.
To avoid any backlash they have instituted their own Al Capone style protection rackets aka professional associations; in France they have for example the socalled Batonniers protecting the lawyers, in Britain the Medical Council protecting the doctors, in the USA the CPA protecting accountants, consumers are supposed to be protected by the socalled Consumer Associations which are just simply another form of sales promotion agencies for the Dairy/Pharma/Chemical/Auto etc. Industries, the Meat Council, the Health rackets etc. The reality is that the global totalitarian sales/buying frenzy culture that has corrupted and perverted human society into a herd of mindless shopping zombies is entirely financed with low interest debt that feeds the underlying oversupply, market saturation and inflation that is known as economic growth=inflation that the colluding, conniving central bankers sustain with ever lower interest rates. That all sales growth has a direct planet destructive environmental quantum impact is totally ignored. In 40 C degrees Abu Dhabi (in the shade) they now want to build an entire "environmentally friendly" town as if the planet's environment needs more towns. This resource depleting growth mania is the root cause of climate change. The finance behind these schemes is of course straight off the Casino monopoly tables that will be empty when the oil has finally run out. But why think of the future if you can have a good time dreaming up gigantic construction schemes that will give short term employment to thousands of have-nots and turn them into envious radicals when the "pay days" are over.
The French stimulus package includes debt financing more than 100,000 homes while the Germans are calling for more road construction in the tradition of Hitler growth economics that culminated in a war that could have been prevented by getting rid of its cause in the same sense as today's war against the environment could be stopped by applying universal limits instead of multilateral growth.
This self-destructive quantum scenario which no other species would be criminal enough to impose on the planet's life support system has produced the global hell of systemic soot, dust and particle pollution; the systemic poisoning of the foodchain and the falsification of product descriptions. Puro Aloe Vera or Puro Glycerina means there is less than 1% of the ingredient amongst 99% of poisonous chemicals; harina integral means there is less than 10 or 20% the rest is just the usual refined flour amongst a host of chemicalised junk. In fact there are now no natural products available anywhere. Everything is part of a gigantic systemic debt financed global fraud that feeds economic growth=inflation that feeds planet destruction and climate change.
It's the way the most ignorant of all the fast breeding morons on the planet are being indoctrinated to buy ever more rubbish based on glossy slogans/lies because they are used to believe anything according to their 2000 year old religious fantasy world that sees the planet as an unlimited playground for more of the same ad infinitum.
Now they are all shrieking for a bailout of the car industry to "save 3 million jobs". The fact is that the car industry has failed to produce and sell its products at a price that covers its costs. Lunatic marketing/advertising/management overheads have failed to sell the vehicles that are in massive oversupply. Now why would anyone believe that throwing an initial 25 billion at the carmakers will save them when they will just simply carry on making losses? The problem is that we have a global economy that is entirely constructed on low interest debt, waste, inefficiency, massive management/marketing overheads sustained by an even bigger local/central government bureaucracy on the basis that you simply retire old debt with a much bigger new debt and carry on the mismanagement that boosts inflation and totally unnecessary/superfluous jobs that wipe out ever more natural habitat. Only some 30 years ago you could buy a Jaguar for about 2000 pounds that today would cost you in excess of 60,000 pounds.
Jaguar cars like literally every other "modern" vehicle easily exceed speed limits in another display of political charlatanerie.
With one hand the bureaucrats are told to impose limits with the other the politicians facilitate the debt economy that incites the mass-production and mass-consumption of products that are designed to flout the limits.
Jaguar went bust all the same and its latest owner Ford had to give company away for peanuts to the Indian TaTa Corporation who still make the Oxford Morris 1950 model which gives a thoroughly comfortable ride within the speed limits.
Nicotine which is more addictive than heroin is now subject to smoking bans virtually everywhere other than in Amsterdam and idiot films but the manufacture of cigarettes etc. is still legal largely for export to the banana republics that brings valuable trade revenues and tax for the louche/self-righteous governments which is just another form of pimping.
Aspartame, Sorbitol etc. are known carcinogenic artificial sweeteners that are dumped into just about every junk food, junk medicine and vitamine pills while alzheimer causing aluminium dust known as fluoride is poisoning water and toothpastes
all on corrupt/colluding government instructions to fuel more economic growth=inflation.
Governments of course know that the shopping zombies are morons because they voted them into power.
The heavily promoted meat and dairy industry causes more deaths from cancer and similar diseases than any other and just like the global environmental fallout from pollution it is seen as a perfect business opportunity for remedial products that provide a cornucopia of side-effects that are seen as yet another business opportunity from drugs to infernal wind turbines, solar panels and hydrogen or biofuel powered vehicles. The melting Antartica and glaciers are also welcomed as providing new shipping lanes etc. as everything is perverted by the criminals to serve the holy debt financed economic growth=inflation madness that thrives on low interest rates.
The environmental footprint of the 80 million "environmental organisations" that have sprung up in the last 60 years is greater than the entire quantum impact of the 2500 million humans that were alive in pre-pesticide, pre-plasticised, pre-fastfood 1950.
IN MARCH 2003 - ONLY 5 1/2 YEARS AGO - "INVESTORS" WERE HAPPY BECAUSE
STOCKMARKETS WERE AT ALL TIME HIGHS;
TODAY THE SAME "INVESTORS" ARE MISERABLE - BEGGING GOVERNMENTS TO THROW TRILLIONS OF MONOPOLY STYLE DEBT-FINANCED "STIMULUS PACKAGES" INTO THE "ECONOMY" BECAUSE THE STOCKMARKETS ARE AGAIN AT THEIR MARCH 2003 ALL TIME HIGHS.
Since March 2003 the S & P increased by about 7 trillion USD that's about the same amount as the entire Gross Domestic Product of Japan and Germany together. You do not have to be an Einstein to imagine the negative quantum impact 7 trillion USD have on the global environment!
WE CALL IT INFLATION BECAUSE THAT IS WHAT INFLATION IS!
in 1940 the United States of America Gross Domestic Product was less than 100 billion USD
- that compares to bankrupt Lehman Brothers 1 trillion USD liabilities in 2008 -
Today the USA GDP is more than 13 Trillion USD
And what is behind this inflation: a low interest debt bubble economy that the charlatans have reignited forgetting all about Japan's zero interest policy that sank the Nikkei from 30,000 to a much more realistic 8000.
It's the addictive growth insanity of the insatiable human monolith that constantly wants to outgrow its excesses like a malignant cancer that wants to destroy its host. The host of the humans is of course the planet Earth. But like all addicts they constantly need more to achieve the same effect and they don't give a damn about the end result even though it's self-destructive.
If you have flooding because the tap was left open by idiots - it would be the height of stupidity to see it as a job creation opportunity to employ ever more people to clean up the planet destructive mess that the morons call economic growth=inflation, progress and success that causes climate change; natural habitat destruction; biodiversity extermination; systemic pollution and poisoning of the foodchain now that the planet is an infernal toxic/radioactive rubbish dump while refusing to get rid of the idiots and close the tap that causes the global mess.
the fact is that the debt criminals have taken over the planet and are holding everybody else to ransom via their crooked lawyers
who have corrupted and perverted the global judicial system
G20 - the usual bunch of charlatans described variously as "worldleaders/presidents/ministers/experts" - none of whom could run a sweetshop - take action to sustain the planet destruction status quo that is based on the national/racial interests of low interest, debt-financed economic growth=inflation; i.e. more trade, more mass-production, more mass-consumption, more construction, more tourism and more of any kind of job creation that has inflated global bureaucracy to such an extent that everything and in particular the global ecology that is being wiped out from the human quantum impact is just another resource depleting/wastelaying desk job/seminar/conference/waffle assembly or environmental damage contributing business/money/finance/debt opportunity to keep the money printing presses hot.
The growing human holocaust is now so gigantic that nobody can take a global view for fear of damaging local/national interests.
Throwing ever more money into the Casino that finances the destruction of the global life support system is all they can think of.
Worldbank to restart the gambling by slinging 100 billion into the "developing" countries to create more urgently needed shopping zombies. Nobody on the real poverty level has ever received a penny from the Worldbank or Aid/Development rackets.
The global growth economy versus environmental planet destruction:
It will have been noticed that in the chaotic turmoil of the global financial system Casino the punters/gamblers/players staged one more upper hand in that they prevented any relativity with the damage their unchecked gambling activities have caused to the global life support system.
The gigantic inflation of the global money supply in the last 60 years of low interest debt financed economic growth=inflation that fuelled the worldwide gigantic mass-production/mass-consumption frenzy have wiped out more natural habitat; exterminated more biodiversity in particular large fellow mammals that are threatened with extinction; caused more deforestation; more desertification; more aquifer depletion; more finite resource consumption; more pollution; more acid rain; more ozone layer contamination; more air, water, soil poisoning with pesticides, fungicides, algicides, insecticides and agri-chemicals than in the previous 60 million years.
The whole planet has been systemically poisoned/wastelaid with more than 100,000 chemicals, more than 6 million tons of radioactive nuclear waste most of it dumped in the oceans and more than 1000 billion tons of toxic, industrial, municipal and household waste for no other reason than to sustain the economic growth=inflation that destroys the planet.
Allergy sufferers have increased by more than 1000% in the last 20 years. Less than 10% of humans now die of old age.
To legalise this planet destruction holocaust the global legal system has been corrupted and perverted with the judiciary acting as nothing but servile bellboys for the planet destruction racketeers to exonerate the perpetrators while the louche governments and the media glorify them as leaders, visionaries, achievers etc. By imposing the odd financial penalty for particularly visible environmental crimes the colluding judges ignore that the money involved must be made
from more planet destructive economic growth=inflation activity.
Why has this rollercoaster of self-destructive madness happened?
The infinite stupidity of human greed, avarice and vanity has been fostered by global political ineptitude that has promoted "prosperity" as a financial quantum achievement in lieu of quality of life. Making more money every year on a consecutive annual basis was considered the ultimate honorable/laudable achievement of humans for which they expected much media acclaim and government recognition/awards/honours. It inspired entire generations of corporate racketeers to outdo thermselves in taking on more debt than their competitors to expand their globalised empires. This was called Economic Growth=inflation that was called progress and success.
Why did this apparently sustainable economic growth=inflation model suffer regular boom and bust cycles?
About every ten years or so the unrestrained low interest economic growth=inflation frenzy suffered a bust because the racketeers amassed such gigantic debt mountains to expand their globalised mass-construction/production/service empires that markets became oversaturated and even the most intrepid mass-consumption shopping zombies could not manage to buy up the rubbish quantum that overloaded the global warehouse and shopping center shelves even though new designs and models were introduced just about every five minutes to feed the buy now pay later/never throw away mentality of the daily reindoctrinated shopping zombies..
That's one side of the coin. The other side concerns the crooks who abused the low interest debt economy to gamble in the global financial Casinos with ever more leveraged exposures in derivatives which is like gambling on gambling on gambling in myriads of variations that include options, futures, forex, CDCs and every kind of financial vehicles that the human mind is capable of dreaming up - all of it financed on debt that in turn was financed with junk bonds whose value was determined by the debt worthiness of the issuer.
This led to the world's greatest scratch my back i'll scratch yours debt bonanza that we estimate to be in excess of
one thousand trillion USD without any collateral other than some worthless mortgages on unfinished or repossessed real estate; or tenanted buildings where the rent is not paid.
Of course while it lasted; i.e. as long as the crooks were able to con the greedy banks into ever more lending on the basis of lend us double what we borrowed last time and we'll pay you back the original loan on an exponential basis of a spreading malignant debt cancer that grows yet appears to be healing because each time more debt is taken on the old debt is retired that financed the global overproliferation of construction, mass-production and an accompanying service sector explosion all of them feeding off each other while fighting over every shopping/clicking zombie to increase sales.
Hundreds of millions of totally superfluous, environment destructive, paper-shuffling jobs were created in bureaucracies, institutions, organisations, legal and accounting professions and the computer software industry with only one objective to create absurd inefficiency/complexity, lunatic choice/change and built-in obsolescence for everything to push sales that push production that push trade that push jobs that push transport that push Climate Change in a chain reaction that the morons who push the levers want to reignite and expand. Of course you couldn't expect a moron to understand the environmental quantum impact of jobs. The crime syndicates that are behind the internet and computer software industry that is nothing other than a yellow pages they call "surfing"; postal service called "email" and a typewriter with telephone facilities and archive has been corrupted into one of the biggest financial rackets with a greater planet destruction impact than the steel industry employing millions of associates who do nothing but increase the daily clicking quantum for additional services that are imposed by the loopholes specifically created in the software packages that crossfeed the global advertising/marketing spam growth racket.
Typically Microsoft windows is cunningly designed like an 19th century car needing endless cranking, servicing and repairing and still breaking down. This has made its designers - hired/corrupted Professors millionaires and the bosses billionaires whose monopoly paper fortunes like those of all the other racketeers finance ever more planet destruction "business opportunities".
Endless security/software updates corrupt computers to produce the malfunction that sustains sales of more of the same rubbish. Defragmentation, virus scanning, tracking cookies, firewalls and endless security updates make the internet and computers a complete criminal racket that benefits the perpetrators at the expense of the victims.
The only industry that matches the internet rackets is the cell phone business that stands out as the most accomplished extortion racket of all times.
One insurance company alone managed to incur such fantastic leveraged liabilities in the global financial Casino that its first bailout of 85,000 million had to be increased to 150,000 million USD and even that may not be enough to pay all the gambling debts that were incurred by throwing ordinary insurance premiums onto the roulette tables.
The taxpayers footing the bill are told that they now own a large chunk of this bankrupt multinational meaning that they may have to stump up a lot more money to keep it alive because one or two investment banks could go bust if AIG is closed down. Citigroup - a global bank with over 1,5 trillion in deposits managed to go quasi bankrupt with untold gambling debts that the great American taxpayer is now guaranteeing for an initial 360 billion dollars. Nobody has questioned the leadership of these failures so that it can be said that today the charlatans would refinance Enron or Worldcom and their chiefs would sit in the gilded boardroom instead of jail. A new era of debt over-proliferation has emerged that is bankrupting ethics, integrity and business standards while simultaneously destroying the planet because all debt financed corporations are pushing economic growth=inflation through unlimited over-expansion that pushes climate change.
That's how the financial/business world helps itself in a totally delusional delirium of environmental ignorance/disregard as debts are piled upon debts to feed the economic growth=inflation insanity.
According to AP the bailout is needed to avoid a prolonged painful recession.
The fact is that a global recession is precisely the medicine that is needed to restore the natural balance between humans and the global environment before Climate Change and its commensurate fallout is imposing it on terms that will be a lot more painful.
That's why the planet needs a global leadership that is made up of reductionists instead of expansionist growth gamblers/debt junkies and conniving charlatans.
What would be the most foolish way to resolve this crisis?
The greedy banks were badly burned as ever more racketeers and crooks filed for bankruptcy leaving trillions in unpaid debt mountains and third party obligations in their global trails. So some of the banks went themselves bust leaving even bigger liabilities piling up in the Casino markets. These inter-related problems of market saturation, over expansion and bankruptcies naturally have a chain reaction that produces less mass-consumption, causing less mass-production, and consequential less service sector demand and thereby fuelling unemployment affecting government finances that nowadays consist anyway of nothing but debt instruments that are implemented via the printing press as simply ever more cheap money is printed in a worldwide inflation scenario.
Don't believe the charlatans who dish up manipulated statistical nonsense about lower inflation which is just a temporary hiccup.
The political charlatans will continue to bandy about figures concocted by Central Bankers and Economists that purport to show that inflation is falling because oil is temporarily being shortsold. When it comes to misleading the public they will use any short-term variable to prove a point. The unequivocal fact is that in the last 60 years of low interest debt financed economic growth=inflation fuelled by more than 4000 million additional humans overall inflation for real estate as a measure of the quality of life for humans is more than six thousand percent and in some cases more than 60,000 percent.
Yet the politicians and their lackeys have never admitted an annual inflation of more than 3% other than in the usual Corruption republics.
Thus the most foolish way to resolve this crisis is to peddle more debt and facilitate it with lower interest rates.
That's what the political charlatans and their stooges have done because it is easier to pave the way for more of the same than to radically overhaul the global debt financed growth based Casino economy that is destroying the global life support system that is now amply demonstrated in a worsening global Climate change/Natural Food/Water shortage scenario.
The staggering stupidity or is it simply connivance of the Central Bankers in lowering interest rates to refuel the debt bubble that caused the financial crisis is symptomatic of a global conspiracy and collusion by the financial interests whose shortsightedness is legendary in putting short-term profit before long-term survival.
The fundamental reality
As global over-population now standing at more than three times the number of humans in 1940 at 6750 million increasing at more than 80 million every year causes an ever increasing shortage of natural food in particular rice on which more than 4000 million depend for their daily survival; the price of food is now spiralling out of control for ever larger numbers of people in a grotesque chicken and egg situation.
As ever more millions of impoverished, unemployed humans in overcrowded city slums and millions of overcrowded fishing and agricultural villages struggle on a daily basis to scratch together enough pennies to buy rice they have no money left to buy contraceptives to keep their families small thus effectively breeding ever larger generations of hungry poor that have no future.
Only an idiot would say that this can be solved with more economic growth=inflation and progress because the reality speaks for itself. In 1950 the world had about 1250 million poor out of 2500 million humans. Today more than the entire world population of humans in 1950, i.e. some 2500 million subsist on less than one dollar a day. Ironically rice is often cheaper in Europe than in the countries where it is imported from.
Throughout the poverty stricken Third World where population has more than tripled in the last 30 years we have not found a single couple that knows of any free contraception availability despite the billions spent on so-called "family planning" by UNFPA and a host of other organisations employing thousands of self-satisfied, self-congratulatory and self-serving corruption promoting blockheads. In the same sense we have not found a single person knowing of any aid or help from the millions of Oxfams, Caritas, Vision, Manos Unidas, Brot fuer die Welt and similar "humanitarian" outfits that collect billions from the "make poverty history" publicity stunts. All we know is that in 1970 some 12,000 humans died from malnutrition every day and today it is more than 50,000 every day.
As long as the global population explosion is seen as a growth engine for economic growth=inflation in that it supplies the future mass-consumption shopping/clicking zombies the equation between environmental sustainability and economic growth=inflation is self-destructive.
The global economy has a finite quantum limit that has long been exceeded by the insanity of "rewarding" planet destruction quantum in the form of increased sales and profitability with stockmarket valuations that are nothing other than Casino fantasy.
The only real tangible value of the planet Earth is constituted by its ecology that provides resources intended for all life.
Humans have corrupted and perverted the ecological equilibrium of the planet by invading, occupying and exploiting all of its resources to the detriment of fellow species. By attaching monetary values to the quantum destruction that their activities cause they have created competition for ever more and ever greater destruction whereby an artificial worthless paper value replaces a real substantive life supporting value.
What should be done now if responsibility and global governance are put before short-term play it again Sam:
As a first principle nothing should be valued in excess of its net asset value.
As a second principle nothing should be "rewarded" for its planet destructive quantum impact.
As a third principle nothing should be done to facilitate economic growth=inflation.
As a forth principle no debt should be issued to finance growth.
As a fifth principle interest rates should be stabilised at a permanent 5% to substantiate a stable no growth economy.
As a sixth principle population should be brought under control by free contraception and free abortion availability and substantial tax incentives for one child only couples.
It's time to oppose the religious frock-clad transvestite weirdoes who control the sexuality of adult humans by condemning women to slavery and barbaric subjugation as multiple child/victim bearing robots.
Of course the absurdity of "rewarding" people for breeding more planet destructive humans/victims and/or unemployment with government handouts should be stopped forthwith because all the planet destructive economic growth=inflation efforts of the last 60 years have created nothing but more unemployment and more climate change.
When some Wharton Economics Professor says that markets are cheap because they are on low P/Es of around 10 or thereabouts it shows the deep-seated ignorance and gulf between economics and ecology.
First of all earnings are a direct coeffcient of planet destruction activity and second earnings always involve growth bearing in mind that the global growth quantum has long ago exceeded its ecological sustainability as manifested in Climate change and natural habitat/biodiversity destruction.
Taking out the debt financing of growth will substantially reduce the globalised empires and their profitability in a planet saving economic readjustment. It goes without saying that the leveraged financial Casino system should be completely closed down.
If humans want to preserve the planet for their future generations then they must radically and drastically reduce their quantum impact:
It means stabilising all values at their net asset value that is constituted by their no growth stability.
Instead the planet's future is being destroyed by the ignorance of those who have deceived the masses with the usual false promises of progress, success and jobs that they want to push with economic growth=inflation that relies on the open tap that fuels the environmental holocaust that destroys the global life support system for all.
in association with
Public Release: 9-6-2007
http:/// a website for business leaders created by Edward de Bono and Robert Heller
The Global Leadership Failure
A "healthy" global economy that's making the planet sick. When quantum exceeds finite capcity; quantum must be reduced.
Over-population and population growth = QUANTUM that fuels economic growth=inflation. And economic growth fuels environmental damage to the planet's life support system causing global warming and climate change. Hence the perpetrators of economic growth are Terrorists because they deliberately destroy the interdependent ecological fabric of the planet.
Contact: Felix Leisinger
Public Release: 22-Oct-2007
Proceedings of the National Academy of Sciences
Rise in atmospheric CO2 accelerates as economy grows, natural carbon sinks weaken
Human activities are releasing carbon dioxide faster than ever, while the natural processes that normally slow its buildup in the atmosphere appear to be weakening. These conclusions are drawn in a new study in the early online edition of the Proceedings of the National Academy of Sciences, Oct. 22-26. The report states that "together, these effects characterize a carbon cycle that is generating stronger-than-expected climate forcing sooner than expected."
Contact: Chris Field
Public Release: 22-Oct-2007
Journal of Geophysical Research - Oceans
North Atlantic slows on the uptake of CO2
Further evidence for the decline of the oceans' historical role as an important sink for atmospheric carbon dioxide is supplied by new research by environmental scientists from the University of East Anglia, who have taken measurements for a decade from merchant ships plying the North Atlantic.
Contact: Annie Ogden
University of East Anglia
Public Release: 24-Oct-2007
Proceedings of the National Academy of Sciences
Decline in uptake of carbon emissions confirmed
A decline in the proportion of carbon dioxide emissions absorbed by land and oceans is speeding up the growth of atmospheric CO2, according to a paper published today in the US Journal: Proceedings of the National Academy of Sciences.
Contact: Dr. Mike Raupach
Long-term Ozone Exposure Linked To Higher Risk Of Death, Finds Nationwide Study
ScienceDaily (Mar. 12, 2009) — Long-term exposure to ground-level ozone, a major component of smog, is associated with an increased risk of death from respiratory ailments, according to a new nationwide study led by a researcher at the University of California, Berkeley.
Long-Term Ozone Exposure Linked to Lung Disease
Published: Friday, 13 March 2009
Each year, an estimated 240,000 American lives are lost to respiratory disease with approximately 7.7 million lives being claimed worldwide, according to data from the World Health Organization: Deaths resulting from lung disease that are caused by long-term exposure to atmospheric ozone.
Posted by Simplistic |
February 1, 2010 4:27 PM | Score: -1
February 1, 2010 4:27 PM | Posted, in reply to Anonymous's comment, by Simplistic: | Reply
You raise some good points, BUT
you strike me as...how do you say...let's go with: unstudied.
Technical analysis- very good
BUT, then you say this: "Once upon a time the world was a theatre with actors, directors and producers.
They did not set out to demolish the stage."
But, yes they did. You were just not alive then. Read a history book. Some are interesting.
This is simply human evolution. Don't be so alarmed. Are you from Norway?
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