If you are born before the year 2000 you grew up with one rule: save money and earn interest. Especially our German fellows are very committed to saving money in ordinary savings accounts. They stashed away €2 trillion or 55% of GDP, in ordinary bank savings and term deposits. The krauts are saying no to […]
Bankers
The suprising connection between mass violence, fatness & Wall Street
It has been a long time I have update this blog. My personal life was pretty busy as I just became father this week. I did have lots of stuff on mind I wanted to post here. A lot has happend since my last post. Systematic evil is still pondering ahead full speed. First of […]
The only person paying taxes is?
YOU! The multinationals supported by an army of lawyers, tax advisors, accountants (the big 4) and bankers pay next to nothing. Guess which country plays a key role in all of it? The Netherlands. Below a link to a Dutch documentary about the system multinationals have setup to avoid taxes or neutralize taxes (=no taxes). […]
Looking for some fun? Try becoming a banker in Holland!
Well, you got to love them or you just might hate them. All the banks in the Netherlands reported good earnings, mainly due to US – the homeowners. They made a staggering 6 billion profit from interest on mortgages . We all pay a few hundred euros per month more then for example Spanish or German […]
America’s mass incarceration, uprise in hate against jews & a large wall street scam
The United States is locking up its population. The main ethnic group in prison are black people. It does not look good for the land of opportunities if you look at those two statistics alone: Millions and millions people are being warehoused. And many of those are black. Are black people committing more crimes than […]
Food stamps vs Sotheby’s
I found those two charts. First one shows Sotheby’s peaking with every financial bubble in past. A few days ago there was an all time high auction. The second one shows that more and more people are dependent on food stamps since 2007. Guess I must not need to say more. As there are 45 […]
James Turk: We’re Living Within A Money Bubble of Epic Proportion
James Turk believes the time we live in now will be studied by future historians for generations to come. Just as we today marvel at the collective madness that resulted in the South Sea and Dutch tulip manias, our age will be known as the era when society lost sight of what money really is. […]
Media, Financial Institutions, Food Industry
Three quick facts you might want to know. 1) The processed food and unhealthy food that you consume on a daily basis is owned by the same 10 corporations. From this Reddit post, “The Illusion of Choice.” 2) 10 large American financial institutions hold 54 percent of America’s total financial assets. Source: according to this […]
Banks, Greed and selfies
Recently, banks got a huge fine of Euro 1.7 billion for the libor scandal/ fraud/ manipulations. If you do not know what the LIBOR (London Interbank Offered Rate) is – it is the inter bank interest rate hat is charged between banks. My own bank was also involved in the scandal and got a fine […]
Stress Testing European Banks
There is some movement at very high European level to tackle the systematic evil going on inside banks. I have been following this over the course of a year via The Guardian and Joris Lyendijk. in “Bankers: an anthropological study“. Here are some pieces from a New York Times frontpage article that has sent stock prices […]