Swiss SECO and Hedge Funds - Optimum of Greed
printSwiss SECO and Hedge Funds - Optimum of Greed
You can read it now in any journal and watch on any TV-Station: The past craze of greed and growth can restart anytime - soon, the world will relax from the downward move at Wall Street and any other Stock Exchange of the world.
It's just a question of time - and all will be as it was in the past, even Obama says.
Great: The logics that brought the whole world near or even over the edge of an End of Capitalism, Globalisation and Finance Systems, can be restarted and all will be fine again.
Very funny, how New York Times, Wall Street Journal, Washington Post and the rest of right-wing U.S. Media and all other repetition devices of the world present the "Obama Chances".
Look on funny stories about the still fine and functioning Hedge funds and take as an example NZZ am Sonntag of June 28, 2009:
A new Hype with HEDGE FUNDS is coming
NZZ says that Hedge funds are not the same as Hedge funds. In other words: There are good Hedge funds, medium Hedge funds, bad Hedge funds - and they list
7 TYPES OF HEDGE FUNDS:
- Relative Value Hedge funds (Bets on individual securities) for:
1. Casino Business with Bonds and credits
2. Casino Business with Shares
3. Casino Business with raw materials
- Directional Hedge funds (Bets on the whole market) for:
4. Casino business with Bonds and credits
5. Casino business with Shares
6. Casino business with Raw materials
- Directional Strategies Hedge funds (Bets over all classes of Cash-Systems) for:
7. Hedge Funds of Hedge Funds composite, covering any greedy Junk
This is to say: TIMES, Fox-TV, SUN, The Economist, Le Monde, Die Zeit, USA Today and all other scrap media of the world invite investors again, to come and bring the huge money flow granted by all National Banks of the world for:
Any Hedge funds, Investments funds, Bank wonder device that promises, to make real money out of nothing, out of the vain hopes of people who never understood anything of economy, banking, funds, cash and casino.
The whole CIRCUS of not making business with real economy (as was done until about 1980) can be forgotten. The CASINO shall continue until the next huge BUBBLE will explode. And not one person can see: The Downfall of finance industry, followed by real economy, just has started now.
There are Trillions of Dollars still in the Balance Sheets of all Hedge Funds, Investment Banks and Funds, Portfolios of ordinary Banks, Insurance, Re-Insurance and personal depots, much more than written off so far since 2007, and again the eternal stupids from Republican folks, the right-wing believers in Reaganomics, Thatcherism, Chicago School of Friedman and Philosophies of Freedom of Markets of Popper, try to reboot the matter for a final breakdown of all human systems.
Where Cash and Greed in a World Casino counts all, and reasonable behaviour in normal business, industry and services and protection of our Globe counts nothing at all, because we are governed by square-heads of cash-brains without intellect, we can forget any future for our Children and for all future generations.
But the best was published in NZZ am Sonntag by the Leader of SECO, Jean-Daniel Gerber.
SECO - Finance markets celebrate their Comeback of Protectionism
Under this title, Swiss secretary of SECO (Secretary of State of Swiss Economy) wrote that we have to be careful that the great achievements of Finance business in the past would not get lost.
He sings in highest tones a sermon on the usefulness of past-times deregulation, privatisation, globalisation etc. It would have brought money, flows of cash over the planet, and as a result, happiness into New Europe and all emerging States in the Third World - and this great adventure should not get reversed with State regulation, protectionism and idiocies of the Left in Europe and other areas with progress countries.
JD Gerber has no idea about the real reasons of the breakdown of Wall Street Investments bankers in New York, City of London and Zurich Bahnhofstrasse including the rotten bunch of private bankers in Geneva. All seems to have been a little misunderstanding, because some idiots in the USA would have allowed that high finance streams got in U.S. Real Estate business - and only this fact has finally brought the MISERY over the very fine Finance Craze of Switzerland with the best Tax evasion models ever seen, protected by the most efficient Bank Secrecy Law of the World.
If Switzerland does not want to lose this advantage on other normal tax levying nations, the Swiss Authorities should wake up and convince all Masters of the Universe, that protectionism would be a game of the devil. The Swiss (richest one percent) risk to lose all advantages as well as all the trillions that flew into this most powerful Tax Paradise of the Globe, from 1960 to 2009.
Thank you, Jean-Daniel Gerber: THIS represents exactly the logics of Sarkozy, Berlusconi, Brown, Obama, Putin, Hu and Wen and any other Chief of State today:
Not the CRAZE of a Casino with Investments Banks without any State controls, Hedge Funds alone in existence to make bets on Cash, all the rotten professors and students at Chicago Universities of Friedman all over the Globe, are the reason and source of downfall of all mechanics and systems.
A few minor errors of some stupid people who have no names, seem to be responsible for billions of folks going now into poverty, losing flat, houses, jobs, honour and freedom.
I think, ordinary folks should not go on the streets for demonstration against one Idiot like Ahmadinejad against another identical idiot like Mousavi. What we need is a new CONSCIOUSNESS why the western world brought a misery over this Globe - a misery they are eagerly wanting again.
And be sure, the fine re-starting of future bubbles and craze with Hedge and other Funds is one the way.
And our famous leaders, presidents, chiefs and secretaries continue to dream their eternal dreams of feasibility of richness, with the rest of greed and growth about final possibilities on this Planet.
Rene Delavy, Berlin and Bournemouth
Author of "Power x Stupidity = Self destruction" / "Who won the Iranian Elections?" / "The Life of Michael Jackson and other Fairy-Tales" etc.