News & Articles

John Yellen
John Yellen

English:

The tribe of the Kung live in the Kalahari desert in Namibia – anthropologist John Yellen made that the Kung are probably the most conservative people in the world.

Their tools of stone, wood and bone had not changed in 40,000 years – also not their settlements.

All the huts were aligned to the center – i.e. everyone could see in the other huts.

They used to cook in front of the hut and everyone saw what the others cooked and was allowed to eat.

If one made a big catch – an antelope or an elephant – they shared this with all the others – not only with their family members.

This way the Kung lived for 40,000 years.

Yellen also studied the Kung in the 60s and 70s.

At the beginning of the 70s, the Namibian government had started to trade with the Kung.

For the first time money came into the community.

Not 10 years later everything was different. Suddenly, a family will buy more than she needed and lock it in a box.

The huts would be turned around, so the entrance was facing away from the center to protect from sight.

The cooking was moved inside.

A familiar pattern?

We live in large apartment blocks and don’t even know the name of our neighbor and surely not what he or she is cooking.

For us, this kind of living is normal.

The Kung have not changed their life in 40,000 years.

From all means to destroy a traditional community – Religion – or violence – money works best.

German:

Der Stammt der Kung lebt in der Wüste Kalahari in Namibia – bei der archäologischen Studie welcher der Anthropologe John Yellen dort machte, dass die Kung vermutlich die konservativsten Menschen auf der Welt sind.

Ihre Werkzeuge aus Stein, Holz und Knochen hatte sich seit 40.000 Jahren nicht verändert. Ebenso wenig wie ihre nomadischen Siedlungen.

Alle Hütten waren zur Mitte hin ausgerichtet – d.h. jeder konnte in die anderen Hütten sehen – gekocht wurde immer vor der Hütte und jeder durfte mit essen.

Wer eine richtig große Beute erlegte – eine Antilope oder einen Elefanten – teilte diese mit allen – nicht nur mit seiner Familie – so lebten die Kung also 40.000 Jahre.

Yellen untersuchte die Kung auch in den 60er und 70er Jahren.

Anfang der 70er Jahre hatte die Namibische Regierung angefangen mit den Kung Handel zu treiben.

Zum ersten mal kam also Geld in die Gemeinschaft.

Keine 10 Jahre später war alles anders. Plötzlich kaufe eine Familie mehr als Sie brauchte und schloss es in einer Kiste ein.

Die Hütten wurden umgedreht, so dass nicht mehr alle zu den anderen hineinsehen konnte und die Hütten standen weiter auseinander.

Gekocht wurde innen.

Das Muster erkennen wir – wir leben in großen Wohnblöcken und wissen nicht mal wie unser Nachbar heißt – und bestimmt nicht was er kocht.

Für uns ist das normal.

So haben sich die Kung also verändert – nach dem ihr Leben 40.000 Jahre lang unverändert geblieben war.

Von allen uns bekannten mitteln eine traditionelle Gemeinschaft zu zerstören – Religion – Gewalt – das sicherste Mittel ist Geld.

The “most primitive” people in the world

… probably not.

ja es isch schon ein Problem. Man hat das Gefühl was das Thema Geld an geht wird man in Deutschland nicht aufgeklärt und NUR beschissen.

Nicht mal die diversen großen Banken-Lenker oder Scheuble selbst scheinen zu wissen was dort gespielt wird.

Die Aktien der Deutschen Bank steigen wieder… warum? Keine Ahnung 😀 Vermutlich sind doch Staatshilfen geflossen…

SÜDDEUTSCHEN Zeitung: „Rettung der Deutschen Bank wäre das Ende von Merkels Kanzlerschaft“

EZB Chef Mario Draghi – war übrigens vorher bei Goldman Sachs… vermutlich kriegt der von denen einen Bonus wenn Spanien, Portugal oder Griechenland pleite gehen und von Goldman Sachs günstig privatisiert werden.

“Die Bank sei in den vergangenen zwanzig Jahren von Investmentbankern (Goldman Sachs) beherrscht uns ausgesaugt worden.” Quelle: http://www.faz.net/aktuell/wirtschaft/wirtschaftspolitik/oekonom-hellwig-sagt-notfalls-die-deutsche-bank-verstaatlichen-14375040.html

“Deutsche Bank retten! – In Volkseigentum überführen”

“Je heftiger die Dementis werden, umso sicherer darf man sein: Die schwere Krise der Deutschen Bank, seit Tagen und Wochen schreit sie aus allen Wirtschaftsblättern und Börsennachrichten, zwingt das Monster unter den deutschen Banken auf den Schleichweg ins Bundeskanzleramt.”

Hartz4 für Banken? Mittlerweile an der Tagesordnung. So “gut” funktioniert der Kapitalismus in Deutschland. Überhaupt nicht. Ausserdem ist schön zu sehen, dass Banken quasi routinemäßig krumme geschäfte in Grauzonen machen. Ein weiterer Grund zu einer anderen Bank zu wechseln z.B. GLS.

“Denn die Straf-Forderungen der US-Justiz wegen der kriminellen Vergehen der Bank mit Hypothekenpapieren aus den Zeiten vor der Finanzkrise 2008 in Höhe von 14 Milliarden US-Dollar, die hochtoxischen 50 Billionen Euro in ihrem Derivatebuch und die nicht enden wollenden Gerüchte über die Fäulnis der Bank bringen den Laden ins Wanken.”

Quelle: https://de.sputniknews.com/kommentare/20161003312788589-deutsche-bank-retten-in-volkseigentum-ueberfuehren/

Was wurde gemacht?

Es scheint, dass selbst einem Wolfgang Scheuble, dem alt schwäbischen Sparfuchs, die Absurditäten der Finanzwelt langsam zuviel werden.

Warum verteilt Wolfgang Schäuble keine Schecks, damit sich die Bürger was Hübsches kaufen? Er könnte eine Menge Probleme lösen und so selbst die Deutsche Bank retten – wenn er wollte.

http://www.spiegel.de/wirtschaft/soziales/wie-wolfgang-schaeuble-die-deutsche-bank-retten-koennte-a-1115518.html

Katar hält seine Anteile – an der Deutschen Bank – Hoffentlich kommt es damit nicht in die Zielscheibe der NWO und wird das nächste Lybien? (CIA-angezettelte Bürgerkreige und Umsturz)

http://boerse.ard.de/aktien/die-deutschland-ag-funktioniert-noch100.html

Herr Scheuble – wenn Sie es nicht blicken – fragen Sie doch BITTE BERNARD LIETAER. JEDENFALLS NIEMAND VON GOLDMAN SACHS, DANKE! “DIENER” DES VOLKES oder der Banken?

02 February 2017
Deutsche Bank Achievements
2016
  • Settled or otherwise resolved a significant number of large matters Current reserves of EUR 7.6bn include EUR ~ 4.7bn for matters already settled/agreements-in-principle to settle have been reached. Resolved matters without action
  • (Feb 2016)  BaFin closed special audits including those on interbank offered rates (IBOR), Monte dei Paschi di Siena and precious metals with no further action against the Bank or its employees
  • (Oct 2016) Commodity Futures Trading Commission dropped its investigations into alleged foreign-exchange manipulation
  • Settlements of large matters
  • RMBS: Civil claims arising from DB’s pre-financial crisis RMBS business in the US settled with Department of Justice (Dec 2016)
  • Russia/ UK Equities Trading: Regulatory enforcement investigations into DB‘s anti-money laundering control function settled with FCA and DFS (Jan 2017)
  • Kaupthing CLNs: Claims regarding DB-issued leveraged credit-linked notes referencing Kaupthing settled with plaintiffs (Oct 2016)
  • IBOR: Agreements-in-principle to settle four class actions in the US (Dec 2016 and Jan 2017)
  • Precious Metals: US civil litigations regarding the daily setting of gold and silver fixes settled with plaintiffs (Jan 2016)
  • High Frequency Trading/ Dark Pools: Allegations whether marketing materials adequately disclosed certain features and/or technical problems related to the Bank’s dark pool and order router settled with SEC, New York Attorney General and FINRA (Dec 2016)
  • Schickedanz: Agreement reached including claim on alleged wrongful advice in relation to the ‘Arcandor‘ bankruptcy (Dec 2016)
  • Quelle: https://www.db.com/ir/de/download/Deutsche_Bank_4Q2016_results.pdf

Links:

https://www.db.com/ir/de/finanzkalender.htm

The Commercial Credit Circuit (C3) is a business-to-business system that is an improvement on the WIR, in the sense that the currency is convertible on demand into national currency. It is a powerful way to create employment because it injects working capital in networks of small and medium sized enterprises (SME), thereby creating employment (because SMEs tend to be the sector that provides 90% of all private employment. This system is currently operational in Brazil and in Uruguay with several other Latin American countries interested in implementing it. For an executive summary of this system, please read below:

http://www.lietaer.com/2011/09/commercial-credit-circuit-c3/

What is C3 in Uruguay?

C3 (Circuit of Trade Credit) is a tool for the Micro, Small and Medium-sized enterprises (Msmes) access to credit and to make electronic payments to public and private companies that are part of the network of commercial transactions.

All the rights that are transferred through Network are 100% guaranteed by the CND (Corporación Nacional para el Desarrollo) and the BROU (Bank of the Oriental Republic of Uruguay).

It operates through 3 channels:

Internet, cell phone and a magnetic card.

What is a network of business transactions?

Connects supply and demand, creditors and debtors.

Transferred rights electronically, without the use of money physical.

As a means of payment are used transferable rights, in uruguayan pesos or us dollars.

The transactions are “payments and collections”, the “debits and credits” among the participants of the Network.

100% transparency: systematic recording and automatic movements.

Commercial Credit Circuit (C3)A Financial Innovation to Structurally Address Unemployment

by Bernard Lietaer(blietaer@earthlink.net and www.lietaer.com) in collaboration with STRO(www.strohalm.nl).
What started as a banking and financial crisis in 2008, is now rapidly becoming a major job crisis.
It is also a well-known fact that the vast majority of jobs are provided by small and medium sized enterprises (SMEs).
And the survival of many such firms is now increasingly atrisk because of cash flow problems.
The Problem SMEs’ are being pressured by suppliers for prompt payments, say within 30 days; while their larger customers pay them only in 90 or more days. This becomes a deadly cash flow trap whenever banks refuse to provide bridge financing, or do so at steep conditions. This problem has become more critical recently in developed countries under the impact of the financial crisis, but it has long been an endemic issue in developing countries.
The Solution The “Social Trade Organisation” (STRO), a Dutch Research and Development NGO, has successfully developed business-models over the past decade in several Latin American countries which culminated with a financial innovation that structurally addresses this precise challenge.
The process uses insured invoices
or other payment claims
as liquid payment instruments within a business to business clearing-network.
Each recipient of such an instrument has the choice to either cash it in national money (at a cost), or directly pay its own suppliers with the proceeds of the insured invoice.
How this is achieved is described next.

C3 Step by Step:

The C3 mechanism involves the following six steps:
  1. Participating businesses start by securing an invoice insurance up to a predetermined amount, based on the specific creditworthiness of their own business and of the claims they obtain on third parties.
  2. The business that has obtained such an insurance (hereafter referred to as business A)opens a checking account in the clearing-network, electronically exchanges the insured invoice for clearing funds, and pays its supplier (business B) immediately and fully with those clearing funds via the clearing network.
  3. To receive its payment, business B only needs to open its own checking account in the network. Business B has now two options: either cashing it in for conventional national money (at the cost of paying the interest for the outstanding period, e.g. 90 days; plus banking fees); or pay its own suppliers with the corresponding clearing funds (at no cost).
  4. Whatever the timing of the payment is to business A, business B is in a position to use the positive balance on its account in the network, for instance to pay its supplier business C.
  5. Business C only needs to open an account in the network. It has then the same two options as business B: cash it in for national money, or spend it in the network. And so on…
  6. 6. At maturity of the invoice, the network gets paid the amount of the invoice in national money, either by business A or by the insurance company (in case of default of business A). Whoever owns at that point the proceeds of the insured invoice can cash them in for national money without incurring any interest costs.

Benefits For businesses:

Businesses increase their access to short-term credit as needed to improve their working capital and the use of their productive capacity. The size of this credit can be built up to a stable level between a quarter (covering therefore up to an average of 90 days of invoices)and half of annual sales; at a cost substantially lower than what is otherwise possible.
 
Suppliers are paid immediately, regardless of the payment schedule of the original buyer,injecting substantial liquidity at very low cost in the entire SMEs network. The approach provides a viral spreading of participation to the C3 networks from clients to suppliers.
 
The technology is a proven one, doesn’t require any new legislation or government approvals, and the necessary software is available in open source.
 
Only invoices that are100% guaranteed, and 100% computerized, are acceptable in a C3 system. C3 there by encourages the generalization and more efficient use of IT infrastructure among SMEs, including the opening of new markets and marketing channels through e-commerce.For
governments, particularly regional governments:
Notice that the most effective way for governments at any level to encourage the implementation of the C3 strategy is for them to accept payment of taxes and fees in the C3currency. This encourages everybody to accept the C3 currency in payment, and provides additional income to the government from transactions that otherwise wouldn’t take place.
Furthermore, that additional income becomes automatically available in conventional national currency at the latest 90 days after the payment, thereby not upsetting any existing procurement policies. The first country that has followed this strategy is Uruguay. The other advantages to governmental entities are:
 
The C3 approach is a dependable way to systemically reduce unemployment.Governments at different levels (EU, national, regional) can contribute to a joint guarantee mechanism.
Such a guarantee mechanism is considerably cheaper to fund than subsidies or other traditional approaches to reduce unemployment.
 
C3 helps shift economic activities from the black or grey economy into the official economy, because SMEs need to be formally incorporated to participate, and all exchanges are electronic and therefore traceable.
 
C3 systems are best organized at a regional level, so that each network remains at a manageable scale. Businesses with an account in the same regional network have an incentive to spend their balances with each other, and thus further stimulate the regional economy. C3 provides a win-win environment for all participants, and therefore promote sother collaborative activities among regional businesses.
 
Each C3 network should use the same insurance standards and a compatible software so that they can interconnect as a network of networks to facilitate exchanges internationally For banks and the financial system.
 
The win-win approach of C3 includes also the financial system. As the entire C3 process is computerized, it significantly streamlines the lending and management for the insurance and loan providers.
SMEs can therefore become a more profitable sector for banks,because the credit lines are negotiated with the entire clearing network, providing the financial sector with automatic risk diversification among the participants in the network.
In the upcoming surge of new competitors in the market – such as Facebook, Google or Tesco
 
Open Source means that the source code of the software is publicly available, making it possible for users to adapt the system to their own requirements.
 
Specific parts of the C3 methodology are protected by a patent, but the conditions to get user license are transparency and monitoring procedures to guarantee fair treatment of the network participants, as well as a small contribution to fund the spreading of such systems. This generates the benefit of additional spending opportunities for any C3 network. More information via c3@socialtrade.org 

Links and Tweets:

for some reason Mr Lietaer seems to have become quiet quiet on Twitter and his website…

https://feeds.feedburner.com/CurrencySolutions

http://www.lietaer.com/comments/feed/

https://twitter.com/search?q=lietaer