Speculation so called Investment

legal crimes: Corona and the corporate wish list

https://www.chapters.indigo.ca/en-ca/books/the-shock-doctrine-the-rise/9780676978018-item.html
get the book: https://www.chapters.indigo.ca/en-ca/books/the-shock-doctrine-the-rise/9780676978018-item.html

after all this catastrophes… if you still have the guts… it might be worth – if you can – investing in this book to support it’s author or watch the documentary for free.

Naomi Klein
Naomi Klein

“trauma used to accelerate the advancement of that corporate wishlist” (have to find the source, it was one of the latest DemocracyNow interviews with Naomi)

about the book:

“Around the world in Britain, the United States, Asia and the Middle East, there are people with power who are cashing in on chaos;

exploiting bloodshed and catastrophe to brutally remake our world in their image.

They are the shock doctors.

Exposing these global profiteers, Naomi Klein discovered information and connections that shocked even her about how comprehensively the shock doctors’ beliefs now dominate our world – and how this domination has been achieved.

  • Raking in billions out of the tsunami
  • plundering Russia
  • exploiting Iraq

this is the chilling tale of how a few are making a killing while more are getting killed.

  • ‘Packed with thinking dynamite … a book to be read everywhere’ John Berger
  • ‘If you only read one non-fiction book this year, make it this one’ Metro Books of the Year
  • ‘There are a few books that really help us understand the present. The Shock Doctrine is one of those books’ John Gray, Guardian
  • ‘A brilliant book written with a perfectly distilled anger, channelled through hard fact. She has indeed surpassed No Logo ‘ Independent

Videos: 2009 Documentary

related: public private partnerships (ppp) mean: sell us your assets cheap – so you can rent them from us – while it is rotting away

which means: ZERO investment into infrastructure (letting the infrastructure rott away while trying to extract maximum amount of profit)

ppp were ALWAYS and ALWAYS will be a catastrophe for the public

https://theintercept.com/2020/05/08/andrew-cuomo-eric-schmidt-coronavirus-tech-shock-doctrine/

above speaking is no less than the long standing ex-CEO of GOOGLE aka Alphabet

“Eric Schmidt, the former chief executive officer of Google, will head a new Pentagon advisory board aimed at bringing Silicon Valley innovation and best practices to the US military, Defense Secretary Ash Carter said on Wednesday.”

” it would give the Pentagon access to “the brightest technical minds focussed on innovation.””

(source)

another source: firstpost.com

Google + Military means:

BigData + innovative highTech KI: to kill people

Eric Emerson Schmidt (born April 27, 1955) is an American businessman and software engineer.

He is currently chair of the

He is known for being the

  • CEO of Google from 2001 to 2011,
  • executive chairman of Google from 2011 to 2015[4],
  • executive chairman of Alphabet Inc.[5][6][7] from 2015 to 2017[4], and
  • Technical Advisor at Alphabet from 2017 to 2020.[8]
  • In 2017, Forbes ranked Schmidt as the 119th-richest person in the world, with an estimated wealth of US$11.1 billion.[9]

(source: Wikipedia)

Google is now officially EVIL

please use DuckDuckGo.com or StartPage.com or Yandex.com (WHY NOT? X-D)

Defense_Business_Board:

DoD and corruption: afraid of budget cuts X-D

“The Board members, to include the Board’s Chairperson, are appointed annually by the United States Secretary of Defense and do not receive any payments for their services.[3]

The Chairs of the Defense Policy Board and the Defense Science Board serve as non-voting ex officio members of the Board.

The Director of the Office of Management and Budget and the Comptroller General of the General Accounting Office serve as non-voting observers of the Board.

In October 2014, Deputy Secretary Robert O. Work instructed the Board to hire consultants from McKinsey & Company to identify wasteful spending.[4]

McKinsey discovered DoD was spending $134 billion, 23% of its total budget, on back-office work, and that the back-office bureaucracy staff of over one million people was nearly as great as the number of active duty troops.[4]

On January 22, 2015, the Board then voted to adopt a McKinsey plan to cut $125 billion in waste over five years.[4]

After Secretary Chuck Hagel was replaced by Ash Carter the next month, however, Deputy Secretary Work expressed he was concerned that the gain from any savings achieved would then be removed from the defense budget by Congress.[4]

Under Secretary Frank Kendall III argued that he could not achieve any efficiencies and, instead, that he needed to hire 1,000 more staff.[4]

Secretary Carter then replaced the Board chairman, classified the McKinsey results as secret, and removed the report from public websites.[4]

In 2016 the DBB provided the model for the Defense Innovation Advisory Board which was established by Defense Secretary Carter during the 2016 during RSA cyber security conference in San Francisco.” (source: https://en.wikipedia.org/wiki/Defense_Business_Board)

About Naomi:

“Naomi Klein (born May 8, 1970) is a Canadian author, social activist, and filmmaker known for her political analyses and criticism of corporate globalization and of capitalism.[2]

On a three-year appointment from September 2018, she is the Gloria Steinem Chair in Media, Culture, and Feminist Studies at Rutgers University.[3][4]

“Klein contributes to The Nation, In These Times, The Globe and Mail, This Magazine, Harper’s Magazine, and The Guardian, and is a senior contributor for The Intercept.[76]

source: Wikipedia

Links:

Under Cover of Mass Death, Andrew Cuomo Calls in the Billionaires to Build a High-Tech Dystopia

https://theintercept.com/2020/05/08/andrew-cuomo-eric-schmidt-coronavirus-tech-shock-doctrine/

https://books.google.com/books/about/The_Shock_Doctrine.html?id=cpmRBAAAQBAJ

https://www.democracynow.org/2007/9/17/the_shock_doctrine_naomi_klein_on

Larry Summers – “Key Figure in America’s Downfall”

don't kill em but lock him down for 30 years
don’t kill em but extend the “lockdown” for Larry to 30 years

https://en.wikipedia.org/wiki/Lawrence_Summers

Goldman Sachs: U.S. ECONOMY TO SHRINK 24% FROM APRIL to JUNE 2020

https://finance.yahoo.com/news/u-economy-shrink-24-april-155126416.html

The Declaration of Independence – for it’s age of over 250 years – was and still is (!) GREAT AMAZING MASTER PIECE OF CULTURE AND CIVILIZATION.

A beacon of light in the middle ages.

Now it seems the corrupting forces of capitalistic have worked steady on going back in time to the middle ages (PLEASE NOT AGAIN!) (corruption -> collapse -> say hello to the middle ages, rebuild from ash and rubble)

Maybe it is time for a new and better constitution for the US – that has CONCRETE DIRECT TRUTH SCIENCE AND EVIDENCE BASED LAWS for SUSTAINABLE SURVIVAL OF ALL MANKIND.

Since then… nobody is to blame but:

  • the reckless
  • the ignorant
  • the greedy
  • the corrupt
    • everything in the universe depends on a balance
    • when Trump prints $2Trillion new Dollars and hand them out IN SECRECY WITHOUT ANY conditions (to bail out wallstreet (“the cancer”) not mainstreet (the society/worker)) he makes a terrible mistake and just increased INBALANCE and DECREASED STABILITY
      • i expect Trump to step down in the next weeks for mishandling a massive crisis
      • Trump and other’s do not understand – they are not as important and mighty as they think – that without a rise in paychecks – without people working for it – money is worth NOTHING – it becomes paper without a function and purpose.
      • also:
        • Central Banks and
        • law makers
        • NEED TO REALIZE THAT ALTERNATIVES (biodiversity of monetary / cooperation systems = is good = more stable economy & society) ARE GOOD AND SHOULD BE ALLOWED

          • this also means: gov (of course should not over tax anybody) BUT NEEDS TO ALLOW/ACCEPT PAYMENT OF TAXES in many other currencies such as BitCoins
        • ALLOW ALTERNATIVES TO FIAT CURRENCIES OR RISK SOCIETY COLLAPSE
  • have killed the American Dream. (some are still fighting… like Elon Musk)
https://finance.yahoo.com/
https://finance.yahoo.com/ live stream

for me: it is a crisis of ignorance = STUPIDITY (not bliss) and lack of education

If you want to kill a country – kill it’s education system.

Because in a society full of idiots – what do you think will happen?

Shit will happen. A LOT OF SHIT.

USA… sorry to say but… unless USA can do the turnaround and become a beacon of light again – refugees will be the least problem – Nobody will want to move there anymore.

My sincere sympathy with the US Jills and Joes of mainstreet.

Part1: the problem

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.

https://www.deviantart.com/ttacp/favourites/40256678/Tower-of-lies
https://www.deviantart.com/ttacp/favourites/40256678/Tower-of-lies

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”

AHA.

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:

Finanz-Szene.de:

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/