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Well on is for sure, the French do think of themselves as a grand nation and I guess we Germans are not that loved. That has quite a bit of potential. Let's hope that Hollande will win, and so France will like to end the EU experiment. And well if in doubt. "Blame the Krauts". And indeed...
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Well we see the catastrophes coming. Spain, Greece, Ireland etc. have suffered (and are suffering) severly under a credit expansin. We know that this will lead to a catastrophe sooner or later. Von Mises has told us, Hayek hase told us and many others also. Currently it looks as if the Deledefs world...
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Maybe we see the end nearing. The debts worldwide were soaring the last 3 years and still there is not relief. It can not come as a surprise to the austrians, liberals or libertarians. What we have seen was and just is "credit expansion". The central banks manipulate everything and so we do...
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A nice story from our political establishment here in Germany. Mr Eichel (ex finance minister) has said he would invest in bonds of Greece as the "show" started. Now we learn (he was just joking or simply lying). He wanted to buy for the enormous amount of 1000 € (well now tell me about investing...
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Well here in Germany we are near the top of the prices for fuel. And the politicians blame the oil companies for the high prices. Fact is we do have an oligopoly here. That's in itself not too bad, but together with regulations it hurts. Anyway did you know that well around 60% of the price is caused...
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Dear Readers I like to tell you a story about FUD. As you could read in my last entry. Greece is still finished but the deledefs do not admit that. That are not real news. But now it's get interesting. According to some blogs in Germany 40 members were excluded from the left party and the right party...
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If you have read hear just a few articles you know that I think Obama should not be president. Now he gave a talk about the "Future of the US" and there he mentiones something like egoistic money jugglers. Well it's not the egoists I'm afraid of. Imagine you get along somewhere (let's...
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t's unbelievable what politicians come along these days. Till now every "plan" (should I dare to name it that way) was put into pieces. And they still do not get it. The problem is not too less money, too less political influence and the like. There's just on thing really too less....
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The only problem I see is that the downgrades were just to low and not complete enough It still is completely ok to downgrade the EFSF. It's simly a package of lies. It's good hat this lies are not bought by the rating club. You can see how well deserved the downgrades are if you read things...
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As you might know I'm against government wherever I see it. Now there is some interesting new about Hedge funds and Greek debts. As you might know Merkozy have informed us that Greece must be saved and was saved, partly through a "voluntary" renunciation through banks. It seems some parties...
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I wonder if Hungary is exemplary a constrained justice a "Volksgerichtshof" (constrained justice) limited civil rights How comes that the only thing we can read about it a notes of protest? How comes that Hungary does not have to leave the EU?
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even if not for all to long. What has Obama said before he was voted? What of these things has he fullfilled? If you find he has delivered what he promised, vote for him again. If you think he has delivered too less. Just do not vote for him. It's everyones decision to vote for or against some candidate...
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in his past tries to win this election (which unfortunately he did win) His motto was: "Yes we can" I was always puzzling, "what the hell does he mean with "we caan" ". And now I know. He just mises a few little words. Yes we can, make more debts". And they do, they...
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That trusting the state with our money was/is one of the worst ideas. Well of course the deledefs will never admit that. But if this system will break down, there may be a time at which we'll get a chance. But till then you can help us ending the central banks especially in one way. Do not give any...
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Great news for all the inaptly European banks out there. The lender of last resort, does what the FED does for ages, they are printing money. Well it's not named this of course. Because we live in time of double-speak. It's to avoid a credit crunch. And of course the hope is the inaptly banks...