banks Archive

  • I think what has happened is that our market system and our monetary system have grown so complex over the last hundred years that only the very operators of the system can now profit from the system. And on the rare occasion when it appears that someone OTHER than the operators are profiting, what is actually happening is only "appeasement" in order to keep the system going. The very operators are giving a little bit back, knowing full well that whenever they decide the other participants have been calmed, they can reverse operations and start taking again.

    Why All Paper Will Burn (In plain English)

    I think what has happened is that our market system and our monetary system have grown so complex over the last hundred years that only the very operators of the system can now profit from the system. And on the rare occasion when it appears that someone OTHER than the operators are profiting, what is actually happening is only "appeasement" in order to keep the system going. The very operators are giving a little bit back, knowing full well that whenever they decide the other participants have been calmed, they can reverse operations and start taking again.

    Continue Reading...

  • Every bankers want for an increased in loan growth each and every month/year. This is not a linear growth but an exponential growth. Just imagine an economy that is fuel by an increased in business loan to grow. There will be tipping point.

    News – Business loans dip

    Every bankers want for an increased in loan growth each and every month/year. This is not a linear growth but an exponential growth. Just imagine an economy that is fuel by an increased in business loan to grow. There will be tipping point.

    Continue Reading...

  • The only mania and madness of the people was in trusting the words of demagogues and conmen, and their associated supporters and enablers. And even today people continue to mouth their false slogans and fatal prescriptions. The Banks must be restrained, and the financial system reformed, with balance restored to the economy, before there can be any sustained growth and recovery.

    Lords of Finance: The Bankers Who Broke the World

    The only mania and madness of the people was in trusting the words of demagogues and conmen, and their associated supporters and enablers. And even today people continue to mouth their false slogans and fatal prescriptions. The Banks must be restrained, and the financial system reformed, with balance restored to the economy, before there can be any sustained growth and recovery.

    Continue Reading...

  • It seems to me that the political process, if not already broken and wrested from us, is out-gunned and ill equipped to deal with the forces ranged above and against us. But rather than turn from politics and either roll over and play dead, or pretend to ourselves we are simply waiting and preparing for violent revolution we must take back the democratic process. It was ours. It must be ours again. And I think we can do it.

    A Way Forward. A modest proposal

    It seems to me that the political process, if not already broken and wrested from us, is out-gunned and ill equipped to deal with the forces ranged above and against us. But rather than turn from politics and either roll over and play dead, or pretend to ourselves we are simply waiting and preparing for violent revolution we must take back the democratic process. It was ours. It must be ours again. And I think we can do it.

    Continue Reading...

  • Flagship current affairs programme. Will Hutton investigates the banks and discovers that while ordinary taxpayers take the pain of the financial crisis, for the banks it's largely business as usual. Hutton analyses the banks' accounts and shows how they are using government-guaranteed funds to gamble with derivatives as they did before the crash. He also reveals how the banks are still paying vast salaries and bonuses.

    How the Banks Won!

    Flagship current affairs programme. Will Hutton investigates the banks and discovers that while ordinary taxpayers take the pain of the financial crisis, for the banks it's largely business as usual. Hutton analyses the banks' accounts and shows how they are using government-guaranteed funds to gamble with derivatives as they did before the crash. He also reveals how the banks are still paying vast salaries and bonuses.

    Continue Reading...

  • The Fiat money system is inherently unstable, its merit depends on maintaining the conviction of the masses that the intrinsically ‘worthless’ paper money has some value; when they lose total faith, it results in the nightmare scenario - a run on the banks and the entire thing collapses, leading to the ultimate bust.

    The Irish Crisis and the Fiat Money

    The Fiat money system is inherently unstable, its merit depends on maintaining the conviction of the masses that the intrinsically ‘worthless’ paper money has some value; when they lose total faith, it results in the nightmare scenario - a run on the banks and the entire thing collapses, leading to the ultimate bust.

    Continue Reading...