Why the whole World goes into Bankruptcy - NOW
printWhy the whole World goes into Bankruptcy - NOW
General Bankruptcy Rule
I risk to be repeating my terms: Any nation, company, bank or individual person will get into bankruptcy if the following Facts and Figures are given:
1. If for a given time, expenses would exceed income, huge losses or deficits would be produced - and finally a deadly over-indebtedness will always result. Any nation, company, bank, insurance, investment and hedge fund, old age pension plan and individual person, how rich or poor he or she would have been, goes down to hell, if this happens and it happens - NOW.
2. Any of the mentioned institutions would get into bankruptcy, if banks, companies, nations, FED, IMF, Worldbank or else would ask to high of interest rates, charges or give no credits anymore.
3. Any institution or person will be bankrupt, if the purpose of living is no longer given: No demand for services of banks, of insurance, of travel, of production of cars or planes, no need for lawyers or tax consultants, no crusader ships or any other sort of matters. Even Nations can become superfluous or even be too much for other nations. Same goes for the impertinence, to ask high prices of oil and gas, just because these treasures happen to be given in some restricted national frontiers.
But I guess that the last of commentaries went already far over any understanding of average brains of some short-sighted Obama Bin Baracks, and therefore, for all Kitchen Cabinets of this rotten world, I so will now go down on level of Commerce.
Laws about general Bankruptcy in particular industries
- Banks, insurance, re-insurance, financing industry
Those companies go into bankruptcy when their portfolios get out of value due to Finance Crash. They go into bankruptcy, if the richest VIPs get poor. They are lost and out of premiums for risks are no longer payable by clients. Same goes for huge ecological mass damages, no longer coverable. Abzocking "geniuses" no longer getting the Bonuses for destroying the world with ABS, CDO or CDS. Most banks simply disappear, because perpetrators Paulson or Greithner have no longer means to bring at save shore any idiotic investments, hedge or national bank on this Globe.
Too big to fail? Idiots. Learn once for all: It is the hugeness of the banks, figures, systems that make all banks, insurances, re-insurers and all the hedge rest become un-rescued by nations.
- Production of cars, planes, other devices of daily needs
If Cheapness products of China, untouchable products of India, Friedman products like monster cars or planes from USA, or other useless devices of less major need from Europe, the thing is: The calculation in capitalism has been made depending so much on Growth and Greed, that a simple turndown of Turnover is enough to make brake the neck of any industry.
Reason: Because income goes down slowly whereas expenses for salaries of CEO, workers, employees, old age, health care etc. go on. Further go on: Interest charges on huge past-time debts, obligations, bonds, Abzock-Bonuses and other scrap of accounting that lead directly into bankruptcy, be it due to liabilities exceeding the assets, or credit or cash no longer be made available by rotten Finance Industry and bankrupt States.
In the next few years, most of companies will fail and not be bailed out - for mentioned reasons.
- Energy and other mines production
Naturally, oil, gas, metal, coal, diamonds, gold etc. must be delivered, as long rich people and the organized complex of industry create a demand. If it brakes away, there is no way in modern neo-liberal Friedman-Popper capitalism, that countries like the Arabs, the Islam, the Russian Putin orthodox Oligarchs would see any money. But since warm houses and apartments are a must, they will be forced to give shelter to the world or be wiped out by missiles, armies or terrorism. Sorry to tell.
Further, the functioning of mines and its extraction and prospection costs billions. Therefore, with the exception of Saudi Arabia, nothing under the grounds will let make profits anymore. And if they tried, those bloody-lucky skunks of Nations chosen by God to have wells and mines, if they tried to dictate and increase prices for black gold and other stuffs, those idiots will be overrun by all Armies this world has ever seen. Left will be: Worthless deserts, worthless shares and worthless U.S treasury bonds.
- Consulting business
It is clear that criminals like lawyers, doctors, medicine care specialist, tax consultants who so with thousand instruments of Swiss banking laws, Liechtenstein foundations, Monaco scrap of Las Vegas deals, Caribbean hedge fund protectors, U.S. national planners for richest being exempt from taxes on most of fortunes and income thereon, on bonuses and any Abzock-money, by help of companies in Switzerland (Holdings, mixed companies, domiciled companies, tax heaven agreements in Cantons etc.) - same in Singapore, Hong Kong, Macao, Jersey and Guernsey, City of London, and 100 other places throughout our world.
There is no reason, why the specialist would be the first to minimize their fees, on the contrary, they shall enrich themselves to the max, as long as capitalism will give them the possibility to steel the money from Middle Class and Poor, as the were accustomed to do, since the year 1950.
- Service Business
The first to get into bankruptcy will be: Hotels, travel agencies, tourism, luxury and design shit of all sorts, expensive watches and non-expensive whores. But sex will always count but when eager men have not funds anymore for such nice actions, I think that even the Casinos, the whorehouses, Wal Marts and McDonald's have to close. If not, we cannot say that the world is experiencing a severe Depression, worldwide, so hurry up a little---
Luckily enough, the Indian chat boxes, better known as Call Centers, and Chinese scrap productions, plus their criminal administrators of Banks, Hedge Funds and other scrap, will be silenced for all times and those overpopulated areas, made by NGOs, Bible Belt, Ratzinger Church of Rome and some Indian and Chinese believes, will see an end of a story, any reasonable person could have predicted for China, India, Africa, South America and some other heavily overcrowded killing fields on this very, very restricted planet.
- State Services and national Employees
In the past, it was a certainty that if a French visits, financed by parents and systems tailor made for Sarkozy, Bush, Berlusconi, Blair, 7 Dwarfs of Berne, Hu and Wen and Singh, some Elite schools or universities, these mental idiots without EQ and IQ could steel any tax money financed alone by Middle Class and Poor, they wanted. The major Crooks of State always were the Bachelors and Masters about their own Salaries and the ones of their Bankers, Lawyers, Hedge Funders, Secret Service eliminating critical brains, Tax Advisers for governmental designed richest Skunks - plus all the Free services for living, getting for nothing best real estate in any country and free lines for their monster cars, when driving like hell through towns killing dogs, cats and children, or flying in luxurious planes from rotten Congresses to the next WEF - in order to get rich people richer and poor folks even poorer.
Under these Elites of Skunks lived all little State Employees, of huge Bureaucracies, Police, Secret Services, Pollonium Monsters in offices for supervising and eliminating normal folks, tax getters, charge inventors, Abzockers of State of all kind, killing and torturing officers and soldiers of State Armies.
But not to forget the poor part of State: Public traffic, hospitals and health care with lousiest salaries, all the minor folks cleaning up Slums with high pressure water and all other "human Scrap", under ethical control of Bush, Clinton, Barack, Hillary, Ronald, Blair, Brown, Thatcher, Merkel, Sarkozy, Berlusconi, Koizumi, Putin, Hu and Wen, Singh and other overpaid perpetrators and their consultants, like Kissinger, Rove, Rumsfeld, Cheney, Halliburton, Paulson, Medvedev, Buffett, Soros, all former Pinochets of South America, dirty minds in Ex-Yugoslavia, Chechnya, Darfur, Congo - their advisors CIA, FBI, all Black dictators with children soldiers financed by IMF, rescue packages in billions gone to the accounts of those monsters on Swiss Banks, and all their Wall Street financers in favour U.S. Politicians, being protectors of Israel and against justice for Arab folks, Palestine and democratic elected Hamas - and last but not least: the final collapse of ECOLOGY due to missing the recognition of climate gone out of Balance long time ago, producing soon victims by billions---
Now, when the States don't generate INCOME because the rich never paid taxes and middle class tumbles into poverty: How would nations pay for workers, infrastructures, interests on debts, pay back of bonds and other obligations? Start and think.
- Individuals and their bankrupt state
Be they workers, employees, free enterprises or farmers, they all need a certain amount of consumerism. When this field of neo-liberal socialism, called anti-Marxist Friedman-Capitalism, breaks in pieces, all order has gone out of control. And all individuals will become burglars, chiefs of State, lenders of financial tricks and false tax collectors - and such, not only the bankruptcy of 90 percent of citizens is guaranteed, but also that nothing to the formerly existing word-order would change ---
It is not my wish that individuals lose their jobs, their fortune, jobs, future - in short all of their chances. I gave in my books all SOLUTIONS that this would never have happened. The only matter here of concern, is the fact that unemployment, no credits, huge craziness of politics etc. will always have a price - and this time the price of collapsing capitalism may be so huge that not one person will know any way out of the disaster, except me. Certainly not the U.S. government.
Responsible folks for incurable Damages and final Breakdown of Systems
There are always perpetrators and victims, when a final and ultimate World Finance Crash occurs, followed by a Barack World Economy Crash, followed by a capitalism civilisation Clash - all still to be accelerated by stupid rescue plans with your tax money and your rest of life-time savings.
It is the responsibility of those peasants, workers, employees, average electors of Middle Class and Poor, who for themselves alone financed all infrastructures of all nations since 1950, almost to 100 percent, it is their task to name the perpetrators and to eliminate them. How they will do it, is not my business.
Since 30 years I write in my oeuvre that this situation is going to happen. With 7 billion idiots reading superficial stuff in all media, literature, philosophy and being eager for junk production on this planet, it was always a question of TIME - and never a question of systems, ecological collapses, limits of greed and growth in finances and consumerism, limits of STUPIDITY of richest VIP and POWER of their protecting governments, IMF, WEF, Worldbank, NGOs, Congresses, Secret Services or any other P.M., President, Videla-Pinochet-Dictator, Mugabe Africa destroyer or Mandela bluffer in favour of the Whites - all this leading directly to the present self-destruction of systems, nations and individuals.
Conclusion
It was solely a question of times, who, when and why the whole building of Friedmanism basing on Popperistic Philosophies of U.S. Pragmatists and French deconstructive Existentialists and German Dreamers of Feasibility of Ethics, would fail and bail out our world as a rotten System of Growth and Greed, without any truly intellectual background. I wrote that all this and much more will be achieved before 2099 (ORAKEL 2099 - written in 1975 - point of no return).
Now, you dear Reader, you have to pay the price for the greatest skunks of Dictators, Abzockers, Bankers, Investors and administrators of your earnings of a life-time. Now has come the time, the false Dimes like Barack Bin Laden have to show up with their goddamned Kitchen Cabinets, responsible for Wall Street, Finance Crash and Downfall of Capitalism. Now, they shall explain why this (Breakdown of USA, England, China, India and all the rest) was going to happen and why 100 trillions in Trash securities have not yet been restated in values, in New York, London, Paris, Tokyo, Zurich, Frankfurt, Singapore - by 10000 auditors and accountants, in all bankrupt companies and nations on this Globe.
Rene Delavy, Berlin and Bournemouth
Author of "CHAOS" / "PLADESNIEKANT" / "Theorists of economics have driven world to hell" / "Why Stock Exchanges are a system of Trash" / "Final days over stupid becoming humanity" / "Power x Stupidity = Self-destruction" etc.