It seems that Business Strategy for most companies have essentially become how to con their customers. Making money by hook or crook is the motto of criminals. And when this becomes the norm, somethings need to be questioned.
The essential culture is derived from the leadership at the top.
Global Recession coming?
Now that we all know that Central Bankers have been the architects of these everything bubbles, only so that they could protect their pals from bankruptcy or worse. Looking back into history, we can see that they have been deeply entrenched as the henchmen on behalf of their overlords. The common man might not be so stupid, and the collective consciousness does not forget. The two World Wars are a timely reminder that imperialist policies bite back with karma written all over. We are all in it together, eh?
This broken system :(
Unfortunately, the system promotes those who can and will perpetuate the system… a real Catch 22 situation! The leaders and others in charge can't or won't endanger their source of illusory power, even if that might be harming them or their own. That is why we should cherish selfless leaders!
Just look at how the powers-that-be scramble around to defeat democracy (read populism), and try to make sure the common man can't affect the system. Keep them stupid, ignorant, irrelevant, poor, and unhealthy.
I look around and despair to see regulators in bed with the ones they are supposed to police
Just look at how the powers-that-be scramble around to defeat democracy (read populism), and try to make sure the common man can't affect the system. Keep them stupid, ignorant, irrelevant, poor, and unhealthy.
I look around and despair to see regulators in bed with the ones they are supposed to police
Of Heroes and Whores
This toxic culture has seeped into and infected just about every other market too. Senior Executives seem to be bent on making a fast buck and get out as quickly as possible. Their decisions do not seem to be in the best interest of the companies which employ them or their customers. What I don't understand is the collusion of Politicians and Regulators!
Bankers who went to Jail
Q: How many Regulators (and/or Politicians) does it take to jail a Banker?
A: None, because they are all wolves in sheeps' clothing. Bought, paid, and staffed by/of/for the bankers.
A: None, because they are all wolves in sheeps' clothing. Bought, paid, and staffed by/of/for the bankers.
Sunk Cost Fallacy
"If you always do what you've always done, you'll always get what you've always got."
Insanity is defined as doing the same thing over and over again, and expecting different results each time.
Change can be hard to digest for most of us, perhaps hardest for the decision makers! And so we continue to trundle down the same road, kicking the can ever further, hoping that the next turn might wipe out our past mistakes. Meanwhile, the present becomes the past rapidly.
Dumping ever more energy, resources, money, etc. into a failing project exponentially increases… insanity/risks! And continues feeding dodgy suppliers and predators.
When is a good time to cut our losses?
Insanity is defined as doing the same thing over and over again, and expecting different results each time.
Change can be hard to digest for most of us, perhaps hardest for the decision makers! And so we continue to trundle down the same road, kicking the can ever further, hoping that the next turn might wipe out our past mistakes. Meanwhile, the present becomes the past rapidly.
Dumping ever more energy, resources, money, etc. into a failing project exponentially increases… insanity/risks! And continues feeding dodgy suppliers and predators.
When is a good time to cut our losses?
Future has been Re-priced
Only accountable to you-know-who, the Central Bankers are not accountable to anyone else, least of all those they'd would never meet. Their priority seems to be inflating the stock-market booms.
Next Crisis more difficult to tackle
Continuing my review on this series[1]… Their next article is mostly bankster propaganda and their wants, penned by anonymous ;) I try pick up what I think matters.
Yes, the banksters managed to shift their risks to everyone else and socialise their losses! Now, how can they do this again?
Yes, the banksters managed to shift their risks to everyone else and socialise their losses! Now, how can they do this again?
Populism: Far Left and Far Right
The financial crisis happened a few years before Lehman bust. All signs pointed towards a massive bust up. Yet the powers that be, kept talking them up. Did they really think they could fool all the people all the time?
We seem to be heading into similar territory. This last decade has been a lost decade. Yet they seem to trumpet how wonderful the financial booms have been, ever since. Yes, exactly! Which ones? The only booms happened to the banksters laughing all the way to their banks bailed out by an ignorant taxpayer led by Central Bankers cartel and incompetent Politicians.
Is it any wonder that people do not trust the powers that be or the ones apparently in charge?
We seem to be heading into similar territory. This last decade has been a lost decade. Yet they seem to trumpet how wonderful the financial booms have been, ever since. Yes, exactly! Which ones? The only booms happened to the banksters laughing all the way to their banks bailed out by an ignorant taxpayer led by Central Bankers cartel and incompetent Politicians.
Is it any wonder that people do not trust the powers that be or the ones apparently in charge?
Banks are safer but debt is a danger
Banks are safer? Safe…er not safe! The dangerously exponential leveraged bad debt, hidden away in complexity/opaque instruments by creative accounting techniques, does not just disappear into thin air.
Pyramid Schemes have a problem. The problem is that the scheme cannot go on forever. No wealth has been created…
So little has changed since the Financial Crash
There seems to be a view that the financial crisis was a failure of the free markets. But we have never had free markets yet. Powerful market makers, vested interests and politically influential insiders have always covertly controlled the supposedly free markets. Nothing happens without their permission.
Lessons of the Financial Crisis
I suspect we might never learn any lessons from this or any other financial crisis. Or rather we might, but never put into practice. The greed and hubris surrounding making money by hook or by crook has always been there since time immemorial.
I am considered a successful human being, if I accumulate wealth beyond what any of my neighbours have… irrespective of whether I need any of that wealth or not. If wealth be considered finite, then I could only become richer by making my neighbours poorer. Now imagine an entire society trying to do this to each other!
When humanity defines success by the accumulation of wealth, what is lost is humanity itself. Why should it be ok to hoard wealth beyond what a man can ever spend in his lifetime? Not only is it ok, it is celebrated.
I am considered a successful human being, if I accumulate wealth beyond what any of my neighbours have… irrespective of whether I need any of that wealth or not. If wealth be considered finite, then I could only become richer by making my neighbours poorer. Now imagine an entire society trying to do this to each other!
When humanity defines success by the accumulation of wealth, what is lost is humanity itself. Why should it be ok to hoard wealth beyond what a man can ever spend in his lifetime? Not only is it ok, it is celebrated.
Legacy of the Global Financial Crisis
The global financial crisis was nothing more than a "Crisis of the banksters, by the banksters, for the banksters". Their ivory towers were tumbling down. Their world had to be saved. Their exponentially leveraged losses had to be taken off their balance sheets. Their lavish parties could be ending… Everyone else had to feel their pain too.
The capitalists spectacularly exploited every opportunity that followed, by socialising yet more of their private losses… and continued laughing all the way to their yet more profitable shadow banks. Ably led (& fed) by the Central Bankers cartel, they continue to party on…
The capitalists spectacularly exploited every opportunity that followed, by socialising yet more of their private losses… and continued laughing all the way to their yet more profitable shadow banks. Ably led (& fed) by the Central Bankers cartel, they continue to party on…
Financial crisis: Are we safer now?
The FT has always been a mouthpiece of the establishment/elites who term anything against their vision as populism. I don't completely agree with the FT slant, but they do sometimes make interesting insights.
They are truly deluded, if they think the Financial Crisis occurred in 2008. By then, the endgames were well in play.
They are truly deluded, if they think the Financial Crisis occurred in 2008. By then, the endgames were well in play.
Centrism is Dead
People around the world are connecting with each other across geographies, and awakening their consciousness on how the political class bought and paid for by vested interests have been hoodwinking them through the ages.
Did Brexit start this… or Trump just after or the Tea Party just before? Perhaps it was the effects of collective winds of change blowing across the world.
Did Brexit start this… or Trump just after or the Tea Party just before? Perhaps it was the effects of collective winds of change blowing across the world.
Big finance is behind it
This could be an interesting look at Business Strategy, or a worrying aspect of mass control. An article caught my fancy… not for what it was supposed to say, but for parts of it referring to how society could be conned.
Payback for QE
Every dog has it's day! But the ones closer to their masters' table, get given the choicest servings. It pays to keep feeding them some occasional morsels from your tables. Then they can be commanded like dogs.
Fake News
You do realise that propaganda has been all too pervasive in the media. The old media was newspapers, radio and tv. The establishment easily and completely control all of the old media. It is a fact. You just have to live in some country for a brief while to understand how you start people around you seem to have the same opinion as their local media. Most people have been dumbed down so much, that they will just parrot whatever the media throws at them. The tv being called an idiot box, is not far from the truth.
Exchanging interactions
Every interaction is an exchange of energy. Each time we meet, connect, interact, talk to another person, we have an energy exchange with that person. This energy exchange could be positive or negative for one or both of us. It is vital that we understand this.
We tend to think that anyone who makes us happy are good for us, and conversely anyone who makes us unhappy are bad for us. Not necessarily!
We tend to think that anyone who makes us happy are good for us, and conversely anyone who makes us unhappy are bad for us. Not necessarily!
New Year's Resolution: Investing Principles
Some questions to ponder.
Q: Do you have any principles?
I'm sure we all have principles. They might be in our conscious memory, or in our sub-conscious. Even criminals have their own principles as in how they deal with Joe public or others of their own ilk.
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