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.
Showing posts with label ft. Show all posts
Showing posts with label ft. Show all posts
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.
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.
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