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It seems I got that right in my last entry. Over the weekend they are facing for a "smaller" solution. And it hurts like nothing else what they've to give in Charade 2007 there was a debt of around 60% of the GDP now we are beyond 100 % and what's the "solution". Raise the...
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but well I guess who who think they will "shutdown" will be disapoointed. They will raise the limit and may it be a few just a few days in August. They will swear the wildest oats that "this time everything is different" and they will "save money". Guess what the charade...
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Someone has pointed me to: https://www.nytimes.com/2011/07/08/opinion/08tribe.html My question is. Why should I trust elites to keep care of Europe? The politicians have made us all the hell on earth with literally hundreds of thousands laws, nobody can no. The laws are not made to "save" us...
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With an open end? Or are a fan of horror movies? Now I've found something for you: http://wallstreetpit.com/13428-total-us-savings-rate-lowest-in-recorded-history Do you feel the cold of death? Or do you fell hells heat? Well whatever it is pray that this chart changes soon. Or if you are against...
Posted to
F Dominicus Blog
by
Friedrich Dominicus
on
Thu, Jul 7 2011
Filed under:
Filed under: debt, lies, greece, deledefs, US, governement, printing money, Bubble, default, recovery?
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Mrs Lagard will follow Strauss Kahn. http://mises.org/Community/blogs/fdominicus/archive/2011/05/23/thanks-but-not-to-mrs-lagarde.aspx Oh well now we have another potential defrauder and definitive a centralist at the top if the IMF. Now I bet Greece will get some more money, even if the IMF has guide...
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in the EU and USA it's the ever expanding raise in laws against freedom and limiting liability. As you can read also here: http://mises.org/Community/blogs/tokyotom/default.aspx But know there is a new negative record in the making of the ESM (European Stability Mechanism) . Unfortunatly despite...
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For year now the establishement tries to save themselves while taking every tax paying cititzen as hostage. I started my other blog some 3 or so years ago and added the Mises Blog last year. I just cite myself from my outer Mises Blog http://fdominicus.blogspot.com/2008/09/its-not-plan-at-all.html or...
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English banks reduce their exposer to EU risks: http://www.telegraph.co.uk/finance/financialcrisis/8584442/UK-banks-abandon-eurozone-over-Greek-default-fears.html 1:100 that Merkel and Sarkozy will name them speculates. Or traitors or such Greeks history is near record breaking for defaulting. Just read...
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There are at least two of them here in Euro land. Named Merkel and Sarkozy Why do I write that? Well they want to keep Greece floating with anohter staging 120 billion bill fo all the europeans. Well they did not tell us they will give this money out at once, but in the end we'll have given the Greek...
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There's a saying in Germany "Gut Ding will Weile haben" it seems the english counterpart is "haste makes waste" At least a few probably have risen their head to see the light. They now tell us: "There's no Euro crisis" (which is true because) "we have a debt...
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Really I'm wondering. Is it a requirement for being a Politician to fight markets as much as one possible can (and loose always in the long run?) Can anyone tell me what were the results of the first failout plans for banks? Are they in a better shape? Have they repaid their debt? What was the result...
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Do yourself a favor and run to the next library and buy or borrow. "The case for Gold". You can see how nice big government and big money play together to harm everyone else. You can see the history of the Greenback is a history of fraude, lies, broken promises. There was but one time where...
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I'd planned to write a long post about it but guess what I found: http://mercuryreliance.wordpress.com/2011/04/12/money-is-debt-and-gold-is-money-supreme-court-of-canada-says-so-in-a-ruling/ The reading in the link is "legalenglish" so be warned. So anything I'd like to say is said...
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that we nearing us an end of a bubble/burst cycle? I wished I knew. So I just can speculate. At first it seems the debts were piled up higher than ever before in "peaceful" history. Peaceful in the sense that there is no war in Europe. But maybe I'm just too optimistic about the war stuff...
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I'm currently reading Bastiat the whole collection. I ordered it from Mises and it was again some eye-opener I got from them. To be honest I did not not of the austrian schoole since maybe 3 or so years ago. Despite the fact that I studied at least some of the political economics. However Mises and...