Sunday, May 11, 2008

Midwives Silver Buckles

RED ALERT: Securing deposits of German financial institutions

I found a very interesting article, because of safe investment:


RED ALERT: Securing deposits of German financial institutions amounted to only 4.6 billion euros!

The current financial crisis, triggered by the bursting of the housing bubble in the United States, has called for sacrifices in this country. The best known example is the IBC Bank, a private bank with state participation. Finance Minister Steinbrück was forced in her case, more than one billion euros into the ailing company to pump in order to avoid something worse: a domino effect and a breaking of the financial and political system in this country, not just here ...

course was in the form I have just shown drastic told anyone. Man likes to talk nice in this country. I consider it more of plain text. And the cow is far from the ice.

The problem is not in the IKB Bank, but the fact that other German financial institutions are in difficulties and may fall. Well-informed experts talk now of 18 billion €, which can cost the madness Germany alone, that is, the public sector. And our politicians act as if this was the most normal thing in the world. Or they do not comment, but there are more important issues that now holds up to the public, such as the tax evaders.

Joe Public wonders, however, how it is possible that the penny tax will be the German Michels in a barrel sunk without soil, without those responsible are held accountable. While some are driven by the financial police, the others take their hat in the certainty of being provided for the future. Where the Hartz IV recipients is feeling the full force of the state system when it tries untaxed 3.50 euros to put in your pocket, absolutely nothing happens when the state legalized tax evasion intervene and rescue a private bank. (The state has kept one each in danger of being bankrupt self-employed or medium before?) Occurs even less, if you look at the ignorance and incompetence of the executive and supervisory boards of the banks look: you obviously have until the last day, the day of truth, still sleep well at night - which shows that they by what they actually do and can must have no idea. They act like Goethe's sorcerer's apprentice with a broom once. A German author gave them so many years ago the title of "riveting" in pinstripes. The true states are
but much, much worse and it is not surprising that already received the first criminal charges against those responsible. One can only hope that others will follow, because the offenses of embezzlement and fraud are clearly met. In addition: There were plenty of warnings, there was enough evidence that the U.S. real estate business was based on hot air balloon in an ever increasing and this burst at some point in the shortest possible time would be. Instructions and warnings have not been noted after all, everything seemed just fine - if you looked to the U.S. and the protestations of the Federal Reserve believed.

Those responsible are in a hurry - and leave the sinking ship ...

I take this opportunity to not repeat the comments of my editorial colleagues F. William Engdahl, who tries in his statements about the "financial tsunami" hat, die Tücken des Systems aufzuzeigen. Fakt ist: Es wurde massiv manipuliert. Fakt ist: Die Verantwortlichen wussten und wissen bis heute nicht, was sie tun. Fakt ist auch: Das System ist undurchschaubar (gemacht) geworden.
Wie in der Natur auch, neigen hochkomplexe Systeme dazu, unter bestimmten Bedingungen Krebs zu erzeugen -- um sich schließlich selbst zu zerstören. Genau das ist geschehen. Das Weltfinanzsystem hat Krebs -- und der Fisch beginnt am Kopf zu stinken. Um den Rest zu retten, müsste man den Kopf abschneiden. Aber keine Sorge, das wird nicht geschehen.
Man hat ja schließlich alles im Griff ...

Interessant -- und höchst erschreckend -- ist nun folgendes: Vor wenigen Tagen musste Deutschlands Finance Minister at a meeting in which he violently attacked because of its bailout for IKB was figuratively let down their pants. His critics had accused him of having forced private savings banks and cooperative financial institutions, and too little to participate in the rehabilitation of IKB. This had delayed their deployment of funds actually striking. Why, it was now clear: The security deposit
all German banks amounted to a paltry 4.6 billion euros. The best kept secret of the German financial world is now deprived of.

4.6 billion euros is peanuts when you consider, by what amounts German banks every day do, how high the savings deposits in Germany and which assets are managed by companies in this country. They are also an unsurpassable not more clearly to signal that the financial system is rotten and is very thin on shaky ground. In the case of a real market crash, of a slump in global stock prices such as 20 to
draws 30 percent to be expected, probably those who have entrusted their assets to the German credit institutions to look into the black of me so designated financial hole (FSL), unparalleled. Therefore, each resident and each resident of that country to recommend that the existing investment and hot to check spending habits, what: If you have more than 20,000 € on the account, bring the surplus into safety! Buy silver, buy gold, buy other precious metals - if you are interested in long-term security of your assets. It is becoming very cheap with shares to be acquired and other useless printed paper generate quickly in favorable cases
return - but in the long term, these "trees of the financial world" have never grown in the sky. And what happens when the meltdown of the financial system starts? Three guesses who looks as in the tube: You!

In the 1990s, I learned know a friend a wealthy citizen of Amsterdam. The man came from the banking business and did what back then did all bankers: he talked to his client shares. The banker, himself of Jewish origin, practiced for himself but a very different form of investment. He looked less to the yield than on preserving the value of its assets: In his
Blessed Sacrament, the living room, was behind an old oil painting that hung on the wall, a sunken into this safe by itself - I am the sight will never forgotten - a brown leather case was similar to those in the 19 Century, the American doctors took with them when they went to their patients. In this Ledertasche befand sich das, was der Mann für wichtig hielt: Goldmünzen und viele Brillanten. Er meinte, dies sei -- im Falle eines Falles -- seine Lebensversicherung: sofort entnehmbar und transportabel ...

Wann wacht der deutsche Michel endlich auf?

Was Ihre eigene Vermögensplanung anbetrifft, so kann ich nur raten, sich selbst mit dem Thema auseinanderzusetzen, verschiedene Meinungen zu hören, sich aber nicht irre machen zu lassen, und dann eine konservative Anlageform zu wählen. Ich traue schon seit Jahren keinem Banker mehr über den Weg. Ich erinnere mich noch gut daran, dass vor längerer Zeit mein (damaliger) Bankberater mir vom Erwerb des »toten gelben Metalls« dringend abriet, als ich dafür Interesse zeigte. Ich habe ihn damals ausgelacht, und tue das auch heute noch. Die Zahl der wirklichen Finanzspezialisten ist äußerst gering, was man immer dann erkennen kann, wenn das System in die Krise gerät: Sie verstecken sich hinter ihren Bildschirmen, telefonieren nervös und hoffen, dass alles nicht so schlimm kommen möge. Die Hoffnung allerdings hat noch niemals jemanden geholfen, einer Krise zu entkommen. Und höre ich dann noch, dass der Ex-Fed-Chef Alan Greenspan nun als Berater für ein deutsches Bankinstitut arbeitet, dann frage ich mich ernsthaft, was in diesem Lande vor sich geht. Mich erinnert das Ganze an ein Szenario, wie es schlimmer nicht mehr kommen kann: Der Wolf bewacht die Schafherde. Gute Nacht, Germany! read


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