Let the too big to fail FAIL and the sickening
process will reverse. Smaller companies will pick up the parts and convert
these into a rewarding economic activity. Employment will improve and the
Middle-class (which makes a poor country rich) will prosper.
Monday August 31, 2009
St-Lucie City Council meetings turn ugly. Social unrest and sometimes WAR
always follow an economic Depression.
It's an era of anger in America and
probably not the best of times to be a politician. Nationally, town hall
meetings where "Obama-care" is routinely decried have degenerated into
hate-fests. Reports of people arriving armed to the teeth with
semi-automatic weapons are really scary. The 2nd revolution has in
fact already begun. No taxation without representation.
Remember the Tea parties? It was only months ago and it is getting worse.
We have more than an economic problem...
Democracy has ceased to exist. The election
process has become a Political Reality show with a known outcome.
Politicians get elected from Father to Son and from Man to Woman.
Authorities and Bankers have become the Modern Kings, Barons and Nobles.
Which ever political party gets elected, the outcome and the way elected
politicians rule a country is the same for they have become a breed of
their own living for themselves and not for the People.
Natural market forces are being corrupted
because of the principle of "Too Big to Fail" and large
uncompetitive, uneconomic companies are incorrectly kept alive hereby
destroying the last bits of Free market entrepreneurship and sound
competition. The larger and the more complex an organization (J.
Tainter) the more expensive and harder it is to operate it in a
profitable way. Globalism is nothing but a false myth sold by the
very companies and Governments benefiting from it. In reality it
is immoral because it kills local manufacturing (no country can survive by
selling "Services" only). Supra-national Fiat Paper currencies (Euro,
Dollar) ensure a country cannot adjust its domestic economy properly. Such
results into a two class system with rich and poor which doesn't work,
never has and never will.
Examples of such huge companies are:
Banks and Financial sector: Goldman Sachs,
AIG, Citicorp, Wall Street, Soc. Générale, ABN-Amro, ING, UBS,
[Banks too big to fail have become even
Automobile sector: GM, Ford
Military Equipment co's: Halliburton,
Douglas, Lockheed Martin, Dassault Aviation,
Agricultural sector & chemicals:
Monsanto (Roundup and
genetically engineered seeds), BASF
Airline companies: Air France-KLM,
Pharmaceutical co's: Pfizer, Bayer,
(Sandoz & Ciba-Geigy)
Carrefour, Food Lyon
Oil Companies: even the 7 sisters have been
taking over each other.
Food manufactures: Health food, Bio-food
(all food is biologically grown)
Media (when you own the Media and the Banks
you can play 'ALL' the games you want)
As the middle class is being destroyed and
we have moved into an
Oligopoly where a handful of uneconomic companies rule the world
we now see that we are moving towards
A similar process was experienced prior to
the Second World War and it was in fact the Big German Industry which put
Hitler into power.
Assuming we have social unrest and/or
War, there are (unfortunately) few good investing solutions.
Gold coins, Gold and Silver
are obviously important.
Agricultural land is a lot better
than Commercial Real Estates, Condo's and Single Family homes.
If only there was a country not running
on Fiat Paper Money and debt: Having Global Markets, it is extremely
difficult to select a country of which the Stock and the Bond market will
survive. When the Rule of Law becomes the self-interest of the state, no
one is safe. Your future is destroyed and not even your savings are
secure. Whenever the rule of law gives way, the collapse of the state is
not far behind. All excess capital flees the country and investments that
create employment disappear. It becomes a vicious circle of which there is
no escape until all is lost.
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Goldonomic, Florida, USA -