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money for all the promises of the deledefs. There was the story that 17 billions for cypress would be enough. Even in this 17 billions 11 billion of new debts were "planned". Aside from that the disappropriation of the bank account owners took place. Now another 6 billion are needed. And even...
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Have you had enough horror the last few days? If not here we go again: http://www.zerohedge.com/news/2013-03-21/global-financial-pyramid-scheme-numbers It goes without saying that the every Ponzi Scheme comes to an end, The most dangerous times are short before the break-down.. It seems we are currently...
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Well it can not surprise an Austrian but it may be the "unthinkable" for the current main stream voodo economists. Just some things about Europe: http://www.zerohedge.com/news/2013-01-09/20-facts-about-collapse-europe-everyone-should-know It surely shows how the credit expansion break down...
Posted to
F Dominicus Blog
by
Friedrich Dominicus
on
Thu, Jan 10 2013
Filed under:
Filed under: war, Debts, civil war, defraud, deledefs, von Mises, destruction, financial tsnuami, businessss cycle, dependence
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well or you can name is political theatre time. If it wouldn’t be so serious one could sit back and enjoy the show. Anyway the US democrats and republicans will simply raise the debt barrier again and so the so called fiscal cliff will just vanish like snow in the sun. Nothing will change, the fact that...
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It's not that difficult to write down but impossible to follow for "politicians" manipulation of offers manipulation of demand control a countries money Well you might think how could that be true. Well the point if if you do not let the people decide and work for themselves. Then nobody...
Posted to
F Dominicus Blog
by
Friedrich Dominicus
on
Wed, Dec 12 2012
Filed under:
Filed under: Debts, rights?, bureacracy, deledefs calculation, do nothing, delededefs, regulations, wrong-doing, state, end of cycle
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Well after the election, the "profane" reality strikes back. Suprise suprise the debt ceiling is broken again. 2 trillions more , just 2 or so years ago and still it isn't enough. Well after democracy comes kleptoracy q.e.d.
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Well dear reader, there is no turning point in sight. The central banks still do what they can because they "own" the paper money. So indeed they all are printing. The US deficit is still just terrible every year a trillion new debts are there. And the following statistics says: http://www...
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Well we learned the Greek do not want to pay their debt any more. Ah well it fits. Who cares about contracts? Who cares about saving in time? Who cares if the states sprawl epidemic? The socialists of all color are at work. We know that from the diverse books ob von Mises (in this case Bureaucracy )...
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Dear readers it seems I have to suggest some literature for you. Check out the following books: "Bailout nation", "Credit Card Nation" and "Human Action". In 1998 there was a nation-wide negative saving rate at work. And you know that was also the time of the Internet bubble...
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The non-plan about a "voluntary" debt cut, is gone. Wel if you have followed this blog you know this hardly can be told to be a suprise. At first If I'm having the bond I have the right to get my money back. It's up to me and the debtor to figure something out if he's not able to...
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One of the nice and bad things about Internet is that you can find things you once wrote. This is what I found: http://fdominicus.blogspot.com/2008/09/watch-closely-what-candidates-do.html Now what has changed? Obama still is clueless. But no other has any more clue but Ron Paul. So nothing learned in...
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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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Well maybe thinking is a litttle to much maybe speculate would be the better word. As you may have read, Euro land is in as deep trouble as the US. It's an open question who really is the worse, but well that's another story. Now we have read a lot of ideas about saving. One of the ideas of saving...
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Ok the debt ceiling was risen and surprise surprise Obama want a new program of around 300 billions to "stimulate" the economy. http://mises.org/Community/blogs/fdominicus/archive/2011/08/01/what-a-suprise.aspx The Addicted get another round of their stuff, and they are using it. This time...