Economic Crisis as a Purging Mechanism

With the current interest rate base economic system, where an amount of interest is applied to any kind of debt, economic crisis is Inevitable. – No, it is Inevitable. Growth cannot help countries escape debt, it is wrong to assume that growth can outpace interest. Impossible, for the banks will always charge an interest rate [...]

United States of Europe

What Germany failed to achieve with krieg, they (will) achieve with being frugal. By today (19 November 2011) The government debt crisis in europe had went on for months. Bringing a drama of continuous cycle of economies being at the brink of ruin, emergency solution being put forth, then the same to be found inadequate [...]

Stop the War on Workers. Rise of the Proletariat?

http://en.wikipedia.org/wiki/History_of_economic_thought “People are therefore alienated from both the fruits of production and the means to realise their potential, psychologically, by their oppressed position in the labour market. But the tale told alongside exploitation and alienation is one of capital accumulation and economic growth. Employers are constantly under pressure from market competition to drive their workers [...]

By ceding your ego, you become the predator.

This thought pattern emerge after the most unexpected mingling of two events: Discussion about ego and watching both “Extreme Hollywood” and “Fashion Police” in E! channel. One of my vendor, a businessman with much more maturity and experience than I am, had explained to me that quite possibly, the persistent problem I have with a [...]

“When decision is made, there’s money to be made”

I heard this quote sometime ago, I forgot through which medium, TV, cinema, book, or magazine, but the quote didn’t come from me. What I like about it is, the more I think about it, the truer it became. On a micro scale at my own job, people made money when we make decisions. We [...]

Protected: 06-08 Crisis – How the Banks Did It – Record 002b – Banks Bundled Bad Debt, Bet Against It and Won

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Protected: 06-08 Crisis – How the Banks Did It – Record 001a – Wall Street Plays Hardball

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