Finanzkriminalität / Financial Crime

https://therealnews.com/stories/rising-expenses-and-stagnant-incomes-squeezes-middle-class-everywhere
src: therealnews.com

Millennials will have a hard time just to keep the living standard of their parents. (most won’t)

a strong middle-class was the basement of the Western Economy – it has been sucked out.

I blame the utterly unsustainable nature of unlimited free-trade capitalism and THE BANKS (Central and Private) for it.

  • the current monetary debt-money-by-private-banks-system is a unsustainable catastrophe
  • monopolies do not work forever

Unlimited (no limit in the amount of wealth a single individual can acquire, like possess a million houses or the whole planet?) to form monopolies = trade in balance (dependencies on things people need to survive: energy, medicine, food/seeds, you name it) – thus the bigger companies get even bigger (right now you can observe a lot of mergers – that is exactly that).

Merge – merge – acquire – until there are only one bank, one oil company, one electricity company, one car company building cars (without jobs, only robots) for the whole planet – but not selling them cheap.

Profit creation without job creation + falling wages?

With what income are people supposed to buy these cars?

More private household debt ain’t going to cut it.

It is the dilemma of in balance by monopolies – it just does not work or is massively unsustainable (works only short term) – the same with trade in balances (it is exactly the same as in-debt house holds but on a nation level).

Yes – you can create more money and give it to the poor to avoid revolution and riots – but we also need sustainable role model lifestyles:

  • generating your own electricity (learning how to setup solar power systems and batteries)
  • grow your own food
  • learn how to recycle your waste
  • learn how to build stuff yourself

… all of this is a lot of work but greatly REDUCES your trade-deficit = dependency on monopolies – why not praise it with a little extra money from the state?

Great, thanks all involved, what now?

evolution or revolution?

We will have to change the way we live (aka “The World”) – the old ways ain’t workin’ no more.

Millennials, also known as Generation Y or Gen Y, are the demographic cohort following Generation X and preceding Generation Z. Researchers and popular media typically use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years. Millennials are sometimes referred to as “echo boomers” due to a major surge in birth rates in the 1980s and 1990s, and because millennials are often the children of the baby boomers.”

(src: wikipedia.org)

it is estimated that the financial subprime crisis of 2008 accounts for 10.000 suicides

in the short term – madness may look very profitable – but in the long term responsibility and sustainability pay off.

madness will not survive the next crisis

but in sunny times those that act responsible are called mad – will they be able to handle it?

capitalism works so well – eventually it will destroy everything.

Men in the mid-1870s pose with a mountain of buffalo skulls soon to be ground into fertilizer, the sad remains of an animal that once ruled the American plains
Men in the mid-1870s pose with a mountain of buffalo skulls soon to be ground into fertilizer, the sad remains of an animal that once ruled the American plains,
Wright's buffalo hide yard in Dodge City, Kansas, 1878, with some 40,000 buffalo hides apparently in shot
Wright’s buffalo hide yard in Dodge City, Kansas, 1878, with some 40,000 buffalo hides apparently in shot for their fur and leather worth $3 each, was enough to drive them to extinction.