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Noviembre 4th, 2008  español 

Why should WE pay for THEIR crisis?

Economía

Sometimes, yes, a picture is worth a thousand words.

Click to see original

Now I wonder:

  • Where has all the money gone? (Answer: To tax havens like Switzerland)
  • What economic measures are going to carry out those of the G20? (Answer: None yet, because they don’t really know what to do).
  • Why Spain and other countries are not invited? (Answer: The less countries invited the more Wealth from the other countries to get).
  • Why don’t they stop tax havens? (Answer: because those trying to fix up this mess are have also their money there).

And last but not the least:
Why don’t they give the money to those having a mortgage they can’t now afford (fortunately not my situation) instead to the banks? This way they could return the money to the bank closing the full circle and perhaps reactivating the economy. Giving the money to the banks will let them to keep both the money and the houses people can’t afford.

The government should buy peoples unaffordable mortgaged houses and offer them as subsidied ones, etc instead of buying banks. It’s an odd way to govern for the people (what people?).

No matter what economic measures are proposed in the next G20 meeting. If they don’t change the current economic rules drastically (i.e. they just change their names to hide the fact that everything is going to be as always) the current situation is more likely to happen again. It will. And the video in the previous post explains why…

Posted by Boriel as Economía, Politics at 5.20 pm

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Octubre 16th, 2008  español 

Money as Debt

Economía Video

*Shocked* I got after watching the documentary entitled Money as Debt (available in several languages). If only half of the story is true, this could explain what’s currently happening in the global economy system, with a crack which surpasses the one on 1929.

Something that called my attention: Switzerland is in the middle of all this mess, quietly and passing unnoticed…

The documentary is freely available on the internet. Here you are:
http://video.google.com/videoplay?docid=-9050474362583451279

Posted by Boriel as Economía, Vídeo at 6.25 pm

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