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Peak Civilisation is in the rear view mirror for most humans on the planet. Economies, lifestyles & environment are declining almost everywhere. Overpopulation, resource depletion, pollution & energy decline continue to exacerbate the problems. Available net energy is the determinant of the quality & complexity of civilisation. As the inexpensive, easy to get energy sources decline, disorder in human systems & the biosphere will increase.. Entropy (disorder, randomness) increases. Entropy Wins

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Central Banks Are Robbing You Blind. Wake Up!

(wotfigo; Central Bank injection of Billions in freshly printed money goes straight to the banks & financial industry, not to you. Some of this money heads into the stock market boosting stock prices & turnover)…..following of stock exchange digits is not smart, not for anyone. It allows for Ben Bernanke to claim he wants to attack unemployment - something that sounds good, beneficial - (but hardly his mandate to begin with), while all he actually does with QE 1,2,3,4,5, n…, is transfer bank losses to the public account. Ditto for Draghi. Central bankers don’t help the nations they purport to represent, they represent the banks in those nations. And since the largest banks are multinationals, the central bankers largely represent international banking interests. Not you or me.

Central banks are the ideal conduit for Grand Theft Auto. And they will remain so for as long as the people in the street can be fooled into thinking that it’s their interests that are the focus of the bailouts. More jobs, cheaper mortgage loans, that sort of thing. It doesn’t stop, does it? I see a big coordinated push from builders, unions, banks, developers etc. for the yet to be formed new Dutch government to make it easier for more people to borrow more money, in the face of the 5% drop in sales and 8% drop in prices the country saw in 2011.

And tons of people undoubtedly WANT to borrow more. Because they see no connection with the lower prices. On the contrary, they’ve been fed the idea that lower prices, like the entire recession, is something temporary, so they even see it as an opportunity. To buy more. To buy larger. 10 years ago Dutch home prices rose 20% per year, for years on end. And they all think that is some sort of new normal. Why the builders and banks think so is obvious. Why the buyers do, not so much. They are simply never told what is real. Not by builders, not by banks, and not by the people they voted into government.

From; http://theautomaticearth.com/Finance/theres-only-one-way-forward-for-europe-and-this-isnt-it.html

Posted on Saturday, October 6th 2012

Tags printing money economic crisis