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
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Friedrich Dominicus
on
Thu, Jan 10 2013
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Filed under: war, Debts, civil war, defraud, deledefs, von Mises, destruction, financial tsnuami, businessss cycle, dependence
of believing into lies? It seems our capacity to accept lies is nearly unbounded. The newest "gags". Greece has lied and has presented figures not even near the truth. Still they get payments of other "partner". Now they told our just with harshest conditoins, this would happen again...
Well there is a kind of agreement that monarchies are bad. But there is another agreement that democracy is "good". I wonder why? If the majority decides to live of the expenses of minorities, how is that different to a monarchy? If the majority in Parliament decides it's fine to take 75...
I'm reading quite a lot and well I am arrogant enough to write that I found great writers and economists which have expressed much better what I thought to be true as myself. Once upon a time I was learning farming. I worked on a paster station and I worked on a farm specialized on pig breeding and...
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...
Saving the delebets way does not mean cut one's expenses but highering ones income. Now this time it Italy. A higher tax for the rich, a higher tax on capital gains etc, but not mentioning cutting down the expenses FIRST. I guess that's what GDP related debt mens. All you property belong to use...
Translated from: http://fdominicus.blogspot.com/2011/04/das-mochte-ich-hier-festthalten.html 1) a politician never is guilty 2) if a politician is guilty 1) takes immediate precedence 3) if a politician is guilty an lying, it has to be blamed on the markets Just have a look at a few entries on the mises...
Yes the EU safety chute should get fixed. This time with "much" more hefty punishments. If a country does not do this or that then the get very high fines. (Might be interesting trying to fetch that fine if the country is bankrupt, but I guess this is just a secondary thought.) Biggest sin...
of politician sorry deledefs. This time in the name "of saving mother nature". This times by mean of bioful. According to this: http://www.welt.de/wissenschaft/article3131881/Biokraftstoff-verbraucht-mehr-Energie-als-er-liefert.html One needs more energy to produce bioful than it yields. I...
Posted to
F Dominicus Blog
by
Friedrich Dominicus
on
Fri, Mar 4 2011
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Filed under: belief, waste, stupidity, defraud, deledefs, end of argumentation, CO2, biofuel, fear, deception
nobody can beat the USA. The unbelievable sum is somewhere around 14 000 000 000 000 (14 trillions) the new debt every day is a around 4 000 000 000. That are new debt of around 1 200 000 000 000. And yet it's not "enough", As we learned Geither wants the "right" to make even...
is in first line stable money. Fiat-Geld has proven that it can not cope with it. Well that's not suprise for anyone a little bit interested in "History". If I have the choice between two beliefs than I'd prefer always "the market" over anythin from the deledes. Just one example...