Tag Archives: debt

Let's have another look at debts

There are quite a few sites which do care about the careless money printing of the FED and the lending of government. Just a few actual links: http://blogs.law.harvard.edu/philg/2011/05/23/visualizing-the-debt-ceiling/ and even more frightening (at least to me): http://www.usdebtclock.org/ I mentioned Obamas … Continue reading

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There's just one thing left.

Which will stop the deldedefs to ruin us completey. We have to take away the possiblities to mess up with money. So it all ends in, we need to have a stable money. We have to get rid of the … Continue reading

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A few calculations

Well our German politicians claim that the speculants are the reason for the turmoils around the EUR. Now let us see whether they may be right or wrong. Let us assume the following situation interest rate at 10%, time-frame 1 … Continue reading

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Moral hazard² or not?

Just a reminder the EU president Baroso, wants an action to help out Greece. The Maastricht Vertrag is very clear about this: Die Union haftet nicht für die Verbindlichkeiten der Zentralregierungen, der regionalen oder lokalen Gebietskörperschaften oder anderen öffentlich-rechtlichen Körperschaften, … Continue reading

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Getting the figures straight

Just found. The assets of the Deutsche Bahn are estimated at around 150 Mrd EUR. Now let’s assume the DB is there now for 60 years. The new debts of German in 2019 are 100 Mrd (currently, still open to … Continue reading

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