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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (47579)3/19/2009 4:03:46 AM
From: elmatador  Respond to of 219176
 
If one was making a living, without knowing who was the pay master, then this guy is in for a nasty surprise. I have never ever made that mistake -as a pole climber. For I know that is a guy who buys a pre-paid card mobile phone card who is contributing to the money that ends up in my bank account.

So I know who my pay master is.

There are a lot of people who had had a fat pay check without knowing where his money was coming from.

It is not a surprise that a bailout money ends up as bonus on management accounts. It has been going on for years and they have never ever thought about: who is paying that money.

If one guy is wealthy and thinks money provides a return for him, so that he stys at home and his money works for him, it doesn't come as surprise that a Madoff will appear and fleece him real good.

There has been quite a few wayos of foundations and "charity" outfits that provided conduits for the money of the wealth not to be tocuhed by the taxman. This easy way out of the eays of the taxman was that provided Madoff with his motive to go fleece them.

If we see Brazilian football players helping the poor kids, Bill Gates and actors making an effort to alleviate poverty in Africa, Soros helping the former communist countries, one must be suspicious...



To: Haim R. Branisteanu who wrote (47579)3/20/2009 1:13:12 AM
From: elmatador  Respond to of 219176
 
The Unintended Consequences of printing. Foreign debts paid. In the past countries would always have high level of foreign debt that in time of crisis would balloon. In its turn that left them at the mercy of multilateral institutions and jacking up of interest rates and they were milked and in the process provided capital to create a recover in the center (OECD).

Printing allow them to pay foreign debts. Now there is no way those countries in the periphery can be fleeced to finance the recovery of the OECD.

Note please countries in the periphery are not yet skyrocketing like crazy because they used money to pay debts and to improve their infrastructure. But that soon will change.

In the next round of the Unintended Consequences of printing will be capital flowing in, not to pay foreign debts, but to finance the infrastructure of those peripheric countries and they will make the post war construction boom look like Kindergarten play.

As I keep saying: Know the root causes. Know what is not written in the popular press.