everyone deserves to be happy (happiness in the buddhist sense is sustainablelasting satisfaction, be in balance/at peace with oneself and the world surrounding).
consciousness should be considered to be an important part what makes humans intelligent.
without conscious decision making, the most powerful tools (logic is just a tool) are put to bad use that could – in the end – endanger the survival of all mankind.
but who cares, if capitalism turned 90% of mankind into a bunch of ignorant, egoistic, idiotic, individualists that do not care about anything or anyone but themselves.
if those that get paid most, destroy mankind.
this needs to get better, otherwise the motivation if those that try to rescue mankind is seriously damaged and transits to desilution and isolation and “acceptance” of what seems to be impossible to change: the death of all mankind.
the dying out process has already begun with women subconsciously already knowing its going to end bad, no matter the state pays for childcare.
u can print money (if money is paper or digital)
u can not print planets, water, clean air, food or consciousness
who manages to stay mentally healthy in an crazy environment – has achieved a lot
THE worst side effect of this (financial debt created economic competition) system is: it makes people hate people
think about this: ScenarioA – city
you live in a densely populated area that can not sustain itself without the flow of money.
Your subconsciousness is in constant danger “will the flow of money still work tomorrow?”
Every other human appears to you as a competitor about resources (and if those resources are finite and non-renewable, this of course is true, your subconsciousness is true to you!)
now think about ScenarioB – countryside
in the countryside where there is space (not more than 10x people per hectar = 10000m²= 107639.1ft²)
people might have less money, but they are less stressed, because the “fallbacksystem” (as long as living conditions on this planet are somewhat in balance/climatechange) are right in front of their door
they can always go back to (organic, labor intense) farming and won’t have kill other people for the last can of beans in the SuperMarket (the most possible extreme version of “competition”)
ScenarioC – even more space
The Outback of Australia is hot, yes, but there is plenty plenty plenty of land.
So think about this: You travel the Outback… and there is no house in 1000 miles.
By accident you meet another person.
Chances are pretty good this person is not a outlawed bandit, but just another human being that tries to survive on this planet.
You will be happy to meet and greet and cooperate and help each other.
Because your common enemy is not mankind – but the struggle for survival in nature in the universe against the elements.
You might even appreciate the presence of another human (as long as this human is trustworthy of course).
humans always have been social beings that lived in groups for cooperation
It happened with the invention of money and television that people became ego-centric (the psychological effects of “thinking about money” are studied, they cause egoism)
Everyone wants to have their own house with their own pool with their own television to sit in front of – material wise “rich” but social wise very very lonely “poor” and unhappy (!) (because this damn pool needs a lot of cleaning and there is only ads and shit in tv) X-D
So when you meet another human in the vast spaces of space – chances are pretty good – there will be appreciation.
There are examples where humans have a POSITIVE impact on the environment, just by “being there” and living a an renewable lifestyle.
example: Native Humans of the Amazonas rainforest
as primitive as those people seem to western high-tech cultures and weaponry… it is actually their technological inability to cut down large trees (deforestation) and their inability to produce plastic, that brings about (non-intentional side effect) a livestyle “in balance” with nature – perfect renewable cycles of almostl every material. (because they only use renewable material, except maybe gold)
You could say – it was their primitive lifestyle that saved them – because they were unable to destabilize their own system – which is good.
But of course – if a meteor strikes – they would not have the science to deflect that threat.
So the truth about the perfect balance is somewhere in the middle.
You can ask any native human – they don’t know stress or burnout or mental illness – it just does not exist.
just as our ancestors: they had no plastic and used to dispose their biological wastes (from “shit in the forrest” to cooking waste) in the forrest… which “by accident” created very fertile soil called “terra preta”
Mother nature is stronger than the US-president and capitalism – or any human made system.
Mother nature can snip with her fingers.
And that was it for species mankind.
Mankind has been arrogant.
The question is: Can mankind learn fast enough from it’s past mistakes – to evolve – to something truly educated – truly developed in spirit mind awareness intelligence and so on – or will mankind never take the leap?
And just implode as capitalism does over and over again.
Everyone thought (again like 1929) the wall street tower of Babylon would grow beyond the sky.
But it does not.
All those highly studied and trained economics and analysts made us believe – this system – that produced massive amounts of traumatized people and raped landscapes – is somehow “just” and “working great” and bringing prosperity and freedom to everyone.
(well it did work for some people for a few years – and yes – China’s move from communist dictatorship to communist capitalist dictatorship has allowed many poor people to earn some money and buy a fridge or a motorbike or whatever they wanted)
In the end – those highly studied economists, analysts bankers and lawyers are just follower of a very very bad religion called capitalistic egoism.
The money religion with it’s devastating effects on the human spirit.
It turns caring people into assholes.
And guess how fucked up the world will look then?
Especially Mr Trump and many private bankers who thought they are god or godlike.
Now mother nature shows them their limits.
Capitalism proofs to be the poker card house that implodes like a over inflated balloon at the slightest crisis.
Crises are part of capitalism, they say.
But crises are just shit, as shitty as Windows 95 was.
If someone told you: “Windows 95” is the best opreating system in the world and there will be no other operating system.
Well… then mankind would be doomed. X-D
(productivity of mankind would be severely hindered… i could not type this long text without frequent reboots crashes and loss of all data X-D)
Capitalism crashes all the time – the question is not if – but when.
The state / Bundesbank may no longer print cash money, the ECB / La Garde has this right.
La Garde is a studied Lawyer that took an internship in the US, worked at the IMF (a largely US institution).
How much innovation can you expect from a lawyer?
Not a lot.
Also: Who’s orders is she following? Who does she report to? I do not trust her – neither did i trust her Italian predecessor.
Analysts gain, scream out to politics/the state to fix the problems of capitalism:
The state can “steer” capitalism and society via taxes.
Unfortunately the EU and the US states have failed to do so (because they are big company lobby controlled) as can be seen on the matter of Tax Justice (see Amazon Apple and co.)
Billions lost due to tax evasion (source: 2016 Statista / EU Commission)
France: € 10.08 Billion
United Kingdom/GB/UK: 8.52 billion €
Germany: 7.22 Billion €
Spain: 3.19 Billion €
Sweden: 2.71 billion € (IKEA!)
Netherlands: € 2.04 Billion
Belgium: € 2.01 Billion
Italy: 1.73 Billion €
Total: 37.50 billion € for these 8 countries per year!
Cash (ECB) printing money helped get private banks back on their feet in 2008 (many large companies like GM have also received government loans), but can it help this time?
The Bloomberg analysts say: no. This time the economy has to be stimulated by the tax(facilitation)side.
However, since the states are still working on the debt reduction of the last crisis, they can no longer hold forth as debtors of a FIAT (it will be light/it will be money) system.
It is as feared that modern Turbo capitalism is a (Poker)House of Cards.
Built more on Profit madness than on reason.
Some even predict in 1970 the end of the FIAT Euro and FIAT USD and that now a US-EU Bitcoin Blockchain currency “the Phoenix” could come.
(the amount of Bitcoins is not arbitrarily multipliable, but you can divide a Bitcoin trillions of times… X-D)
The DMark, by the way-was one of the first FIAT (covered by the central bank without Gold) issued currencies.
Nobody thought this would work for a long time.
But it did, because people worked hard for the paper money, even if it was just paper.
Not Gold but the value of labour – that was what gave value to paper FIAT money.
We all wish that good ideas can be implemented, but FIAT money rarely arrives in the real economy.
Seen in this way, the private banks have dug their own grave.
Unfortunately, the Elon Musk is also now in a sense under the economic crisis, because a high oil price is good for the e-mobility Alternative.
This means that there has to be a money System, where each state makes suitable (completely different) rules for itself and is “the lender of last resort” and no more dependence on private banks and Banking can arise.
But so far it has been like this: that “the system” (ECB and also Merkel: “whatever it takes”) has supported the private banks. (except for Lehmann Bank, which the US State “symbolically” let go bankrupt, in Germany all banks were bailed out).
The analyses of some private banks in this case JPMorgan are absolutely self-glorifying: “you can give the rich the freshly printed FED and ECB money, they don’t spend it, if you give the poor 0% credit, they would spend the money and there would be an Inflation”
But if the rich don’t spend the money, then the economy can’t get started either.
Absolutely stupid and short-sighted statement, an analyst who certainly deserves well at JPMorgan.
But you notice: it is not thought holistically.
Everyone just sees his perspective.
Part1: what can be done? possible solutions
New holistic systems must be conceived and implemented.
This can happen on countries and even county or city and village level.
But it should happen.
The governments of this planet – if they still have a spark of intelligence-should promote their citizens in it.
And yes: the system of government, democracy, also seems to be in a state not conducive to the population.
Here, too, new forms of government should be experimented with at the regional level.
What is not only clear since yesterday: the current form of democracy tends to make unwise to incompetent decisions and is driven by lobbyists, massively susceptible to corruption and not very innovative.
So: capitalism collapses on itself.
How often can it be repaired?
ECB FED BitCoin are NOT the solution but another step towards 1984 digital dictatorship.
Part2: auto translated article from:
by Christian Kirchner
13 March 2020
“Two things should be clear after yesterday.
First, markets, banks, Fintechs and, of course, the real economy are experiencing a new “Lehman Moment”.
Yesterday’s price reductions at Deutsche Bank (-18%), Commerzbank (-21%) or Wirecard (-18%), for example, cannot be explained by short-term exaggerations alone. Instead, they reflect the fact that public life and thus large parts of the economy could be paralyzed for weeks, if not months, because of the Corona Virus.
And secondly: In a world in which the American president is imposing an entry ban for people from all over continental Europe without prior consultations – in such a world, therefore, one should not count on an internationally coordinated anti-crisis policy. Neither in the fight against the Virus, nor in terms of helping the sick, nor in terms of any economic measures.
Which brings us to the banks.
Because: whether people like it or not, the Corona crisis is also a banking crisis. Which of course does not mean that a Deutsche Bank, a Commerzbank or a Sparkasse Hintertupfingen deserves the same solidarity as those directly affected by the Virus out there. And yet, what was already true in 2008: when the banks crash, then we all crash. Which is why we have to ask: what is to be done now so that this does not happen?
In any case, the struggle for existence has begun. After all, even if the capital and liquidity ratios may read well on paper, even if yesterday’S ECB easing measures are rather underestimated – whether the (German) banking industry would pass the real stress test that is now coming to it without external support, this can be doubted. Or to put it more clearly: anyone who earns hardly any money or even suffers severe losses at the peak of a business cycle and with record-low loan losses, simply has to reckon with the fact that he could get caught up in the crisis that is now unfolding.
Unless a miraculous”V” recovery begins, the banks and savings banks will soon have many loans flying around their ears. After all, complete industries such as aviation, tourism or the oil and gas industry are facing highly uncertain months. And the same applies to countless small and medium-sized companies in particularly affected areas such as gastronomy, Events, trade fair construction. Not to mention the losses on the stock market. Or the consequences for consumption.
Banks will have to write off securities holdings, customers will have completely different concerns than to give the banks commission business. Too dark a scenario? Perhaps. But the capital markets, with discounts of 20%, are pricing in just that within hours.
The history of the Corona Virus is the history of an underreaction in Europe. This is precisely what the German and European banking sectors cannot afford, namely an underreaction – because the potential consequences would be fatal. The banks are vital to the functioning of our economy. That is why we must be 100% sure that the banking system will work in the crisis we are currently being thrown into. Otherwise, a total economic standstill threatens.
Hoping for the best will not be enough. You have to expect the worst instead. In case of doubt, this can also mean the need to accept industry-wide liquidity support and capitalisation measures. Stigmatisation as in the Lehman era must not exist, nor must small states within the three pillars, i.e. private banks, savings banks and comrades. It is to be hoped that the politicians (even if they have completely different concerns at the moment) understand this. And that the banks themselves understand it.” auto translated from: https://finanz-szene.de/banking/diese-krise-ist-auch-eine-banken-krise-drum-whatever-it-takes/