A few calculations II

“This time for the debt growth rate in Germany. I cite :
“Als Zahl: 2.080.000.000! Die deutsche Statsverschuldung hat sich seit 1990 damit vervierfacht, von ”

translation the overall debt id 2 080 000 000 000. Well that is high but more impressing
we have four times the debts from just 21 years ago.

If we’d have in 21 year each year an expansion of 3.5% extra debts we just would have doubled our debts. So in fact
the debts have risen around nearly 7%. And that is “more than” ugly.

And that are “official” numbers. Not included are the to be expected pension payments for public servants. Because this is unique just to states. They do not have to pay into
some sort of pension funds. And so all the forthcoming pensions have to be paid from the current budget.

Even if the interest rates are on historical lows in nearly any developed country such kind of debt growth is “unbearable”. If we calculate with an average of 2.5% BIP growth. The economy has grown
at around 51 % but the debts have risen nearly 200%. So there is a gap and this gap will get larger and larger and the the day comes when this gap will be too big to be filled. The question is just when not
“if” any longer….

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good news?

I’m puzzling, Why is it good news that the US shutdown did not take place? They still have an insane budget deficit and the only thing they’ve agreed upon is written on some sheet
of paper.

We’re still talking about a deficit at or around 1 trillions. I calculated once how much this will cost in the future. And this money is not invested just “spend”. Spend for the current obligations of government.
There still are enormous amounts of money needed just to pay the “promises” like pension payments etc.

If we “break” it down to private people it’s that they needed new credits just to pay their eating bills. And there’s nothing left for uncertainties. You get ill or layed of? Well too bad, just ask for more credit.
So I can not the the success. It does not show how desperate the situation really it is. It’s just a message that everything goes on (bad) as usual.

Still all the money is sunk in diverse wars, and sunk into the most jails world-wide. The unemployment rate is not change “automagically” and people just get older and older. And just a few get all the money.
So where’s the good news really?

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Next money too be burned

Now it’s Portugal.
http://citywire.co.uk/new-model-adviser/thursday-papers-portugal-appeals-for-eu-bail-out-money-and-other-news/a485095

The failout plans have not worked, do not work and never will work. It’s not a problem of too less money and credit but too much of them both. One just hase to compare the
money base expansion and output expansion. There’s too much money and so the prices start raising. Portugal has accepted and asked for too much debts and the EC countries do
not accept that. They want to provide them with more cheap money. And so the ones having taken risks (while buying bonds from portugal) will get all the money from those
having not taken any risk. So there is no relationship between taking and earning and this will lead in the end to a crash unprecedented.

Suggestions for the investor. You have two just take care of one think Sell your bonds early enough if the EC runs out of money. Till then one can buy as much bonds as one like. All the tax payers in EC guarantee your interest… So I think short runners may be quite interesting. Try to get back what the governments steal from you.

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Very interesting

http://www.huffingtonpost.com/2011/04/05/government-shutdown-threat-deal-unreached_n_845014.html

As I understand even if the government won’ t pay you still have all our obligations. So you have to go to work and do whatever you did
just for nothing. Wow that’s nice for the government and bad for the government paid workers. I guess they will have to pay their bills. But no governments
do not have to.

Do I find that disgusting? You can bet

I’ve something else for you
http://thejjb.com/topic/669526/Bristol-Palin-Earns-262-000-as-Abstinence-Ambassador

You don’t like it? Well you can bet, me too not. But that’s “justice” the deledefs way. Lie and earn big, do wrong and earn big. akt irresonsible and earn big. And let the stupid citizens pay for you…

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Now from where comes the money?

http://research.stlouisfed.org/fred2/series/BASE

Gives an answer. And because it can not be accepted what is the truth. This ponzi-scheme get’s a great name it’ s called quantitative easing.

For those among us, who can read. The Fed does buy bonds from the bond markets, takes that as assets and prints new money. Now this is a scheme everyone BUT Fed would go to jail. But hey you know they are so much “brighter”. No physical barrier can hold them ;-( But yo know you can’t fight natural barriers you can’ t fight problems caues by too much money by making even more money. That’s for sure.

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New attacks on the markets

Oh, yes they are so endless stupid that it hurts anyone else. The politicians (sorry deledefs) have initiated the whole crisis stuff. Never were able
to get along with their stolen money (read taxes) and never enough credit for whomever they deem worthwhile.

And now they did it again. No thinking just like animals in panic. One direction. We must have our daily/hourly/minutely/secondly credit. And everything who is not willing to give it to us, we’ll feel our power.

Now the newest attacks on the markets. US Ratings should not hold any longer for Europeans. Agreed this rating agents have done wrong, but they are among those having
made the point that the debts of some EU-countries are “bad”. We know our deledefs see it differently and have taken all EC citizens as hostage. The name is safety chute or whatever, but
mean working against the market because markets to fail. Yes markets do wrong sometimes and after recognizing this they correct that. But it is not allowed to
swing into the direction “less” credit” , this is a no-go zone for any deledef. And so they fight the markets wherever they can, in the end they will fail

It’s just the question whom they will take with them. And here no-one living e.g here in Germany will be spared. Those handling responsible will pay the bill. And deledefs will be the thieves,defrauders, bandits and even murderers.

I have written before what one should do. And I’ve acted accordingly. Money was taken out of the EU dictatorship and put elsewhere. A contract about a lend farm includes the option to get paid in food. And if the money
will be gone some gold was “bought”. The option leaving this country was chosen by me, but not beard by anyone else in the family and so we are stuck with the rat packs name politicians here in EC land….

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One can see the end

it’s kind of amazing. Here in Germany we can see a party dying. This party is dying because it is overwhelmed by cancer. The cancer is names, environment, lies and breaking of treaties.

I once was member of the party FDP which was kind of liberal party in Germany. But guess what has happened?

Indeed 2 years ago the voted for the diverse failout-plans (this was the begin of the dying)

The have reopened the discussion about nuclear power plants and how long they are allowed to run. The treateis for exiting out of this technology were underwritten (well it have been the Greens and the SPD) but anyway.
The changed the rules and treaties just a few months or so ago.

The was a voting in two countries and the FDP has lost heavily. In BW (a liberal voting country) they lost 2/3 of the votes. In RP they are “out”.

Now coms the death turn. They overthrow their own treaties (dead-sin for any liberal) and are not against every nuclear power and want to end it earlier than even the Greens.

You just can loose so much creditibility and well this was the last thing. They’ve errected a tombstone with the simple words “R.I.P FDP”

Now you know nature does not only destroy nature re-invents itself over and over again. Every spring the wonder of life is shown to us. And so the end of the FDP does mean there will be a new flower named “Liberty”. Sticking to it will see a wonder of “revival”. I hope I will be part of it, maybe I will even be among them. So wish me luck ….

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A really nice idea

Visit: http://sweasel.com/archives/5704

Look out for ScubaFreak and start playing BULLSHIT bingo.

Nice done….

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Funny the things I once wrote

I have cited myself before and do it again. I stumbled upon this:
http://fdominicus.blogspot.com/2010/01/no-suprises.html

I wrote it a year ago. And still it’s as actual as ever since Obama was “choosen”.

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dead reace (was debt race)

Well I hardly could believe that:
http://www.spiegel.de/flash/flash-25145.html

It’s about the not covered expenses in the different states.
Now I was thinkin California was “bad”. Well it is but there are worse states. Nevada has a deficit of 45.x % that means for every dollar they spend they have to
get a credit from 45 ct. This is impossible to bear for anyone… But togehter the picute is even more dire. More than half of the states have a deficit beyond 10%.

10% deficit means withing 7 years you double your debts. This is unbearable. And so one has to conclude. The US is broken. They are acting as “super power” but well if the
machines all destroyed in war. They can not even buy them anew.

Those having read this blog know what I think of debt. Debt is evil and it’s even worse for governments because they take everyone of us as hostages. Even if the Land is bankrupt, the bureaucrats will find a way to suck up everything they can get from their “citizens”. All in the name that the “state” does know better. Well there lies, statistics and deledefs speak. You just have to keep in mind double-speak is “politicians” land. The name it political-correct or whatever but it means they lie, and lie again and if that does not work they put out their guns and ask “kindly” for you money. Well there’s still one more efficient things taxes. And so they name their thefts “tax” and taxes are “ok” and because they are ok they can get it by whatever means they find.

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