Archive for the Economics Category

Weather forecast

Posted in Crisis, current events, Economics, Financial crisis, politics, Society with tags , , on 27/10/2012 by Living out of Eden

The destructive power of a hurricane is nothing compared to the level achieved by human financial “para-normal” activity.

Insurance companies (with quite logical grounds), have strict exclusions in policies. They might differ according the specific case and type of insurance cover, but in general terms, companies protect themselves either from events that could lead to a massive payment (which would mean their bankruptcy) like natural catastrophes or acts of war, either from a personal decision of the taker, that might involve high risk activities or irregular situations.

It could be said that something similar happens in the “market” of real estate mortgages, where if a structural event might occur, that would also lead the banking system to its collapse (sounds familiar, doesn’t it?). Because, in my humble opinion, it’s completely different cases, should individuals fail to pay their debts, due to personal reasons, than if hundreds of thousands are affected by a global crisis.

But, the thing is that financial crisis are not natural catastrophes. Let alone, comparing mortgages takers with bungee jumpers, or skydivers, or heli-skiers.

This leaves me, I could say the least, restless, the most, furious, whenever new proofs arise that the current synchronic financial crisis (which I’d swear is just only one), has been generated by unpredictable forces of the financial markets, supposedly under the survey of Stock Exchange Commissions, governments and all kind of virtual organisms of control.

It’s an extremely profitable business to protect yourself from the devastation you cause.

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Should we read, or better believe we are still responsible for this mess…?

Posted in Accountability, Crisis, current events, Democracy, Economics, Economy, Financial crisis, News, politics, Society, war on 07/06/2012 by Living out of Eden

“If you owe the bank $100, that’s your problem.

If you owe the bank $100 million, that’s the bank problem.”

J. Paul Getty (1892-1976)

 

http://www.businessinsider.com/carmel-asset-management-germany-is-riskier-than-you-think-2012-6#-1

Choice (via The RSA)

Posted in Behaviour, Culture, current events, Democracy, Economics, Evolution, Government, Philosophy, politics, Power, Society on 14/04/2012 by Living out of Eden

 

 

http://comment.rsablogs.org.uk/2011/06/16/rsa-animate-choice-2/

Hardcore stuff

Posted in Crisis, current events, Democracy, Economics, Economy, Financial crisis, News, politics, Society with tags , , , , , , , , , on 28/01/2012 by Living out of Eden

As Greece moves towards default, as France, Italy and Spain suffer credit downgrades, and as negotiations over last month’s fiscal treaty reach deadlock, the euro is heading for the rocks and the driving force is becoming clear. The real cause of the euro disaster is not France, Italy or Greece. It is Germany.

The fundamental problem lies not in the efficiency of the German economy, although that has contributed to the divergence in economic fortunes, but in the behaviour of German politicians and central bankers.

Read more in ….

http://www.presseurop.eu/en/content/article/1449971-save-euro-get-rid-germany

 

Dazed Lemmings Can’t Bridge The Reality Gap

Posted in Crisis, Culture, current events, Democracy, Economics, Economy, Ethics, Evolution, Financial crisis, News, politics, Revolution, Society on 30/12/2011 by Living out of Eden

http://poorrichards-blog.blogspot.com/2011/12/dazed-lemmings-cant-bridge-reality-gap.html

If you want to believe in God, ok, fine. But this is a completely different issue.

Posted in Crisis, current events, Democracy, Economics, Economy, Ethics, Financial crisis, News, Philosophy, politics, Society on 27/12/2011 by Living out of Eden

 

http://red-pill.org/banksters-plan-b-survive-thrive-global-financial-meltdown/

Democracy: a weapon of mass confussion

Posted in Behaviour, Crisis, Culture, current events, Democracy, Economics, Economy, Ethics, Financial crisis, News, politics, Revolution, Society on 05/12/2011 by Living out of Eden

Democracy, as sold by the NWO does not exist. And that’s it. It’s not that it is poor or inadequate, and therefore, that it could be improved. It’s just that it cannot take place ever under the empire of the IFS. United States democracy, that is usually taken as the paradigm to be followed, even by those most willing ones democratic fighters, like García-Trevijano, is not possible, as mad as he might get.

http://acratasnew.blogspot.com/2011/12/la-democracia-un-arma-de-confusion.html