we are trying to survive
in an self-destructive system
(that is sick of cancer of corruption)
sounds highly unsustainable to me
but as some very studied person said
even an absurd system can exist – for a pretty long time
Privatisierung
economist says: family working together is the future – crisis opportunity for change – empower the middle class! now!
It doesn’t happen often, but this time have to give cudos to “a classic” (very conservative, not very revolutionary thinking) economist Hans Werner von Sinn:
- “Take care of yourselves. Don’t believe that the state can do it. The state will be hopelessly overwhelmed with the socio-political tasks. Social security systems are not in a position to continue the development of living standards as we are used to. The sooner everyone realizes this, the more they will take precautions for the later years of life.”
- The economics professor advises young people to not to wait too long for thinking about having kids and to concentrate on traditional family images.
- “Family cohesion (families working WITH instead of AGAINST each other) will become increasingly important in view of the difficulties of the state,” Sinn explained.
- “Some say that the ECB did not cause the price increases, so it does not have to do anything about it. One cannot argue more wrongly, because the mandate does not focus on the causes of inflation, but on the possibilities of combating it,” the ex-ifo boss continued
…. but not to endanger the 0% financed real estate bubble, where banks sell thousands of vacant buildings in Munich in a circle, IMF-ECB-La Guarde (“The Guardian” (of the banks)) does – nothing.
- “And they consist of interest rate hikes.” In addition, the monetary authority is not entirely innocent of the high inflation rate. With its bond-buying program, the ECB is partly responsible for rising prices, as government securities were purchased with fresh central bank money. Low interest rates have thus encouraged indebtedness, according to Sinn.
- The fact that the ECB has not yet heralded the interest rate turnaround, even though the US Federal Reserve raised the key interest rate by 0.25 percentage points in March, also creates an imbalance in international trade. As a result of the ECB’s inaction, the euro has been significantly devalued, which automatically leads to higher import prices – including in the energy sector.
auto translated from: https://www.finanzen.net/nachricht/aktien/pessimistischer-ausblick-ex-ifo-leiter-hans-werner-sinn-prognostiziert-34-laengere-periode-34-wirtschaftlicher-unsicherheit-ezb-in-der-kritik-11282820
family cohesion: it is (sometimes) hard
… unfortunately, nature decided, out of biodiversity reasons (make every individual an individual = very different from his brothers & sisters, in order to ensure that “at least one” will survive, fast changing circumstances (economic crisis, war, famine, climate change, meteoroids… u name it)
So sisters and brothers are by the design of nature – very different – thus having (sometimes) hard times – understanding each other – getting along with each other.
But IF they manage to accept each other – (and if it’s only by living next door, but never speaking to each other X-D) – things might work out.
Capitalism actually increased that acceptance problem, with some 1 to 10% doing very well (often) at the expense of the 90% (who pay their taxes) – WHILE looking down on the 90% as “bummers”.
the downfall of the middle class, is the downfall of families
or in other worlds: who want’s to put kid’s in a fu**ed up (non sustainable = it is going to end) world? (nobody)
Question: Is it any wonder – that in a system – that was not built for man, but for money “around money”, man will soon no longer appear?
Really?
I am not surprised (unfortunately).
So when “the system” – betrayed the middle class – because of lobbyism by the money of the top 10% (that sometimes “think” they are the “middle class”) – it “programmed” society – for the downfall of the middle-class (who to steal from? nothing to steal from the poor?) and the downfall of families.
It’s as simple as that.
And turning back the time – won’t help.
It won’t help driving old gas guzzling cars that need a portion of lead in the gasoline to actually function correctly.
There is only one way: forward. Into a sustainable economy that serves all. The sooner the super-rich realize this – the better. (but they will want to preserve the status quo until the very end (death)… so it’s a uphill battle for everyone else)
- crisis as chance for transformation:
- central banks have to be put under democratic rule – this way or another – it is inacceptable – that the central banks serve only the private banks.
- globalization is dead – good – so we can start produce locally and FRESH again 🙂 = more jobs, but who is going to finance those jobs? surely not the existing broken system of corrupt banks.
democracy needs to steer capitalism – not the other way around – how economic forecasts of the 1960s failed us and how the (economic)system creates massive epidemic of Loneliness
shocking new study (by UK-US-tobacco industry): youth would like to live in the “good old past”
When wars were far away…
When marlboro man could ride smoking through TV and cinema landscapes (a Cinema was a place where people came together to PAY for a movie and watch it together with others. Corona killed ’em)… sure… “glorious” days.
Behind this “world view” MIGHT be a very important feature of the nature of the human brain itself: to forget, what is bad, to cherish what was good.
If it would be the other way around… everyone would die of depression within months.
To forget all the bad that happened (e.g. Vietnam war happened in the “good old” days of the 1960s with “good old” (massively corrupt) US presidents as Kennedy (1961, killed, because not corrupt enough), Johnson (1963), Nixon (1969), Reagan (1981), Bush Senior (1989)…
“When asked why they preferred to live in the past, 42 percent of respondents across all age groups said that cohesion had been greater in the past.”
https://www.wz.de/panorama/juengere-generation-wuerde-lieber-in-der-vergangenheit-leben_aid-68409987
ok take this with a pinch of salt… because it was financed by UK-US tobacco industry aka “Luky Strike” (British American Tobacco (BAT))… how reliable is that info eh? X-D
“In the past” it was (probably) not better, but different, because in dire situations, without working together, nobody would have survived in the past.
Going back to the stone age: When someone was expelled from the group… it meant (almost) sure death.
Now is a different story, with laws by democracies ensure capitalism maximum freedoms (in principal good but often recklessly abused for profit as in the case of Amazon paying ZERO taxes), but at the same time, the system “forgets” about fostering solidarity, that this does not happen by itself, allowing and even rewarding individuals to be maximal egoistic (bad) and thus resulting in whole nations living maximal alone.
The world is not that complicated: the earth circulates around the sun, the rich get richer, the poor poorer because they pay higher taxes than Jeff Bezos… as simple as that…
Manfred Spitzer: Loneliness – the unrecognized disease: painful, contagious, deadly (German Edition)
#wtf, no translation of this book yet?
https://www.naturalscience.org/news/2019/11/congress-2019-review/
2021: Amazon in Europe: turnover € 51 Billion, taxes €0
#wtf? how can it be? https://www.golem.de/news/steuervermeidung-amazon-hat-2021-keine-steuern-in-europa-gezahlt-2204-164731.html
This is not just massively unfair towards ANYONE paying taxes in Europe (self employed are asked to pay 40% taxes on income, employed income tax depends on “tax class”), it is also damaging democracy, because it shows how injustice happens in front of EVERYONE’s eyes and democracies are UNABLE to do anything about it? (I look at you Ireland, Luxembourg and Switzerland).
“In the past” it was (probably) not better, but different… “When asked why they preferred to live in the past, 42 percent of respondents across all age groups said that cohesion(group solidarity) had been greater in the past.” Yes, because you can’t survive in a crisis/hardship without cohesion. The world is not that complicated: the earth circulates around the sun, the rich get richer, the poor poorer because they pay high taxes Amazon does not pay taxes…
Also, the current system is not made for people, but by money (the top 1%) for money (the top 1%)
otherwise we would now have the 1 day week, if you do not believe me, check out Prof Dr Christian Kreiß
Note of the warning: yes, Prof Dr Kreiß has already spoken at some dubious Corona events (probably out of panic that the economy is collapsing completely due to lockdown… Corona was actually more devastating for economic growth (!) than the 2008 financial (banking lending too much housing bubble speculation) crisis) he has to be careful, otherwise he discredits himself. https://de.wikipedia.org/wiki/Christian_Krei%C3%9F
economic inequality dividing nations
By the way, also a very interesting observation in the East/GDR: due to the reunification, the Ossis have become more unequal (some now drive fat BMWs instead of Trabbi and others just drive…. nothing…) CURIOUSLY, this now ensures that former neighbors who got along well back then… now don’t talk a word to each other… Also bad for the better off BMW driver, who is very sad about this fact.
crisis as opportunity for change: time does not run backwards, only one way: forward in creative ways
Trump & Putin, both try to dial back time to the glorious 1960s.
Where black people were not allowed to rent buildings and the Soviet Union could enslave large parts of Europe.
One of THE BIGGEST responsibilities of the older generations (those born before 2000) is, to ensure, that all young people born after 2000
- ARE EDUCATED for a broad world view & sustainable survival on this pale blue dot Earth
- the mindset of the youth should be: IF YOU DON’T DO IT, NO ONE WILL
- SEE THE WORLD: give them cheap travel tickets around the world, so they can see the world from multiple angles… (one sided views are very dangerous traps)
- EDUCATE, ENABLE & SHOW (FIRST HAND) THE YOUTH THEIR OPPORTUNITIES TO CHANGE THE WORLD FOR THEMSELVES BUT ALSO FOR THE BETTER OF ALL CONSCIOUS LIFE
- this can mean for the elderly to give up powers, privileges and possessions BEFORE DEATH at the age of 100
- SWITCH OFF THAT VIOLENCE ON TV, IT WILL INHIBIT THE BRAIN TO THINK CLEARLY! (but goes into flight or fight mode)
- MAY GOOD CONSTRUCTIVE SPIRITS BE WITH YOU!