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“Finance is not merely about making money.

It’s about achieving our deep goals and protecting the fruits of our labor.

It’s about stewardship and, therefore, about achieving the good society. ”

Robert J. Shiller

but how he defines “good society” – he ain’t sayn’.

they probably do this – because – they not only want to print digital dollars (that might collapse in value, by eroding oil standard or the next FED-bailout (states can’t take it anymore) after the collapse of the shadow-banking market)).

if the concept of a “good society” is based on inequality, injustice and exploitation – it is probably “a secret concept” – If yes – all secret concepts are evil.


 

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“Since 2007, I have been concerned that the world financial crisis of our time, could cause a similar human catastrophe as in 1929 – and this concern has grown steadily over the last 10 years – especially since the financial crisis in Europe has been nationally charged – Germans against Greeks – North Europeans against South Europeans – all of us in Europe will only be well off – if we work together to solve problems – not if we are against each other” (Green Party, Dr Gerhard Schick)

… he is not alone predicting “financial crisis is not over yet”. Bernard Lietaer and Max Otte also say: worse is to come if no bold reforms are taken now.

There are 75 Trillion USD about to implode in the shadow banking sector – it’s an open secret – hiding in plane sight – of those – that do not understand – what monetary policy making has to do with their every day lifes.

“Seit 2007 treibt mich die Sorge um, dass aus der Welt-Finanzkrise unserer Zeit, eine ähnliche Menschheitskatastrophe entstehen könnte wie aus der Welt-Finanzkrise ab 1929 – und diese Sorge ist in den letzten 10 Jahren ständig gewachsen – besonders seit die Finanzkrise in Europa national aufgeladen wurde – Deutsche gegen Griechen – Nord-Europäer gegen Süd-Europäer – uns allen in Europa wird es nur gut gehen – wenn wir die Probleme gemeinsam lösen – nicht wenn wir uns gegeinander stellen” (Green Party, Dr Gerhard Schick)

https://www.finanzwende.de/

https://www.sueddeutsche.de/wirtschaft/finanzwende-prominenter-gruener-verlaesst-bundestag-und-gruendet-buergerbewegung-1.4126276

“Wir sind im Endspiel” – Prof. Dr. Max Otte

Juhu! Deutschland ist wieder in einem Endspiel – aber diesmal handelt es sich um Finanzen und Geld-Systeme und nicht um WM und Fussball.

Trump wants Germany to spend more on weapons – because in his minds – it’s all about money. And USA is spending too much and Germany is spending too little against “the threat”.

Map of Nato

“Great”.

But at the same time – he realizes that USA is losing the globalization-trade-game with Germany (better cars) and China (cheaper cars) – so he does not want to trade with Germany or China anymore.

This brings us to the ultimate problem: Trade imbalances between countries – that can not print their own currency. (Greece can not, Germany can not… the ECB is in Frankfurt but it is political “independent” and when 2008 hit and Sarkozy asked the ECB-Ceo to print money to save the banks – because ultimately it’s a banking-crisis – the ECB-Ceo Trichet said “no” and shifted the burden to the tax payer with fatal consequences and looming state-bankruptcy)

Our governments and lifes are so “market” (whoever has or prints money) dependent to the extent of maximum absurdity.

Greece has massive trade imbalance with Germany and is so much in debt – it won’t ever repay.

The Greeks may very well halt payback of their credit by 40-50-100 years and just start printing their own money again or revert back to metal coins of intrinsic value.

“US President Donald Trump can impose a 25 percent tariff on European car imports, which would hit European, and especially German, car manufacturers hard.”

https://www.ecfr.eu/article/commentary_dont_expect_fireworks_at_munich