Euro Crisis, The Worst is Yet To Come

GLOBAL ALLIANCE AGAINST IGNORANCE

Globalallianceagainstignorance@equalearth.org

www.equalearth.org

GLOBAL STATE OF EDUCATION WORLD REPORT

GROWTH THAT SUSTAINS/FUELS ENVIRONMENTAL PLANET DESTRUCTION

The global life support system that evolved to sustain the planetary existence of biodiversity is breaking up into ever smaller fragments that are insufficient to feed, house, clothe, employ, transport, entertain and defend (against each other) the 6750 million humans that now overcrowd the lonely planet and are growing at more than 80 million every year commensurate with the virtual exclusion/extermination/extinction of all other species that must give way to the master-race of the human bully species.

Growth on a finite Planet -

the ultimate benchmark of human madness

SINCE THE AGE OF HOMO ERECTUS THE QUANTUM IMPACT OF HUMANS AND THEIR ACTIVITIES KEPT IN SOME BALANCE WITH THE NATURAL ENVIRONMENT AND BIODIVERSITY UNTIL THE BEGINNING OF THE INDUSTRIAL AGE IN 1750 WHEN 600 MILLION HUMANS CONSPIRED TO DESTROY THE PLANET TROUGH MASS-PRODUCTION, MASS-CONSTRUCTION AND MASS-CONSUMPTION UNDER THE SELF-DECEPTIVE IDEA OF PROGRESS.

In the last 60 years the human menace has managed to create more environmental planet destruction than in the previous 600,000 years.

An inexorable destructive ambition has been imbued in every human to participate in progress as a benchmark of personal achievement that is called success and success remains measured in growth amongst humans.

Any limits imposed by Nature, by Resources, by Living Space continue to be considered challenges/obstacles that must be overcome/wiped out.

To accelerate growth the mathematically obvious financial constraints were swiped with down the line debt packages that are now shrouded in longterm derivatives that exceed all climate change forecast limits. This has led to a cornucopia of leveraged debt instruments to push ever more mass-production, mass-construction and mass-consumption largely in coastal areas that are now gigantic, polluted, infernal, wastelaid bunker slum cities/tourist slums that will be drowned under 60+ metres of oceans when the ice caps and glaciers have melted. The ensuing new ice age will cover the planet and wipe out the human menace/monster that has caused the calamity.

This irreversible prospect has produced the unfettered debt financed spending ideology by governments, local authorities, institutions, business and individuals that is irrationally believed to sustain the economy on the basis that debt will never be repaid other than with more debt that is cunningly buried in long-term, renewable derivatives that run into trillions; in fact all it does is to grow inflation within a deflationary mass-consumption environment that will come to a sharp stop when the fundamental carbon resources that sustain the human holocaust are depleted.

Floating nuclear power stations to provide energy in the arctic are perhaps the latest advance in progress but nobody has found a solution to the 400,000 plutonium waste drums with a radioactive half life of 25,000 years that were dumped in the oceans by those environmentally conscious governments. Today more than 1 kilogram of the same radioactive waste per capita is piling up in every country as ever greater reliance is placed on nuclear energy to fuel that self-destructive growth and all countries are restarting what only 20 years ago was considered absolute suicidal madness.

Competition developed into strangling matches between competitors through insane multiplicity of the same basics by endlessly altering form, shape or mode and calling it choice or quality or cynically both.

It has led to the shiny'glossy'cheap'n'nasty, throw away plastic, chemical, aluminium, sheet metal Aspartame/Sorbitol/Prozac age that inspires the delirious humans to buy anything that's advertised and expose their compensating illiteracy on hordes of websites to their fellow clicking zombies and pay for it after its fashion image and usage has long expired. It has stimulated the global buying frenzy from cellphones to cars to computers to ever more violent, aggressive software that is portrayed as games that leads to the casino gambling addiction where humans are incited to spend money to make money for no other purpose than reduce the existential boredom that afflicts idiots.

THE MASSIVE MATERIAL DIFFERENTIALS THAT THE GAMBLING SOCIETY HAS CREATED REMAIN THE UNDERLYING CAUSE OF WAR, AGGRESSION, VIOLENCE AND CRIME

In a world of cretins anything that’s more than two lines is now considered “spam”

The human planet destruction manual

THE INCONTROVERTIBLE GLOBAL CERTAINTY

As long as humans exploit, torture, maim and kill fellow animals - and not only their own kind - there will be no environmental sustainability and as long as humans run their global planet destruction economy on debt and leveraged debt there will be no environmental sustainability and as long as humans persist with their insane economic growth ideology there will be neither environmental sustainability nor equity as the whole planet is converted into a polluted

growing junk yard sustained by an education system that not only adapts humans to the grime of their activities but teaches them how to become ever more proficient apprentices of their own annihilating instincts.

THE GLOBAL FIX

OVERHEARD FROM INSIDE THE GLOBAL BANKERS CLUB:

TO FUEL ECONOMIC GROWTH WE UNLEASHED A MULTI TRILLION DEBT TSUNAMI TO FINANCE THE WORLD’S BIGGEST CONSTRUCTION BOOM IN HISTORY. TRILLIONS WENT TO THE DEVELOPERS AND TRILLIONS WENT TO THE SUCKERS WHO BOUGHT THE CONDOS AND SIMILAR MONSTROSITIES - NOT TO LIVE IN - BUT AS SO-CALLED “INVESTMENTS” WHICH THEY COULD FLOG ON TO MORE SUCKERS AT EVER RISING PRICES AS THE DEBT TSUNAMI FUELLED DEMAND.

IN REALITY THE DEBT FINANCED CONSTRUCTION BOOM WAS NOTHING OTHER THAN A PONZI PYRAMID THAT ENDED IN OFF-PLAN SCAMS AND THE BANKS REPACKAGING THE DEBT MOUNTAINS AND FLOGGING THEM TO PENSION FUNDS, MUNICIPALITIES AND OTHER CASH COWS WHERE THE THRIFTY/SAVERS LOSE THEIR MONEY.

Now with millions of empty condos, villas, offices and shops littering the planet a new racket had to be found to keep the banks making profits:

TO FUEL ECONOMIC GROWTH THROUGH CONSUMPTION THE MASSES HAD TO BE INDOCTRINATED THAT MONEY IS WORTHLESS CONFETTI PARTICULARLY IF YOU HAVE TO WORK FOR IT UNLESS YOU GO OUT AND SPEND IT IMMEDIATELY: OF COURSE THE COLLAPSE OF THE BRICKS AND MORTAR SCAM HAS HELPED. SO NOW THE BANKS ARE THROWING TRILLIONS INTO THE SHOPPING BOOM FROM BOTH ENDS BY DEBT FINANCING THE MULTINATIONALS AND THE SHOPPING ZOMBIES AND JUST LIKE THE CONSTRUCTION BOOM NOBODY GIVES A SECOND THOUGHT ABOUT SATURATION WHEN EVEN THE MOST ADDICTED SHOPPING ZOMBIES GET WARY OF OVERSPENDING ON EVER MORE THROW AWAY RUBBISH.

Of course to pay the multi million annual salaries and pensions of the upper banking racketeers the banks need much more profitable rackets than the lending mirage which usually ends in big write offs.

THIS IS WHY THE BANKS RUN THE GLOBAL FOREX/BONDS/STOCKS/COMMODITIES/FUTURES/OPTIONS AND COMPLETELY OPAQUE WARRANTS AND DERIVATIVES RACKETS ACCORDING TO SHORT-TERM “NEWS BITES” THEY THEMSELVES CREATE BY THEIR LENDING POLICIES AND THAT’S WHERE THE BIG PROFITS ARE MADE.

THE LITTLE PEOPLE’S SMALL SAVINGS ARE CUMULATIVELY LEVERAGED TO DEBT FINANCE GIGANTIC DAILY TRADING IN THESE RACKETS THAT GOES INTO HUNDREDS OF TRILLIONS.

THE LEHMAN BROS. FAILURE IS BLAMED NOT ON THE EXTREMES OF THE LEVERAGED EXPOSURE BUT ON THE FAILURE THAT NOBODY THREW MORE DEBT INTO THE OVER-BOILING POT.

THAT’S WHY IN BANKING CIRCLES THEY NOW SAY THIS WILL NEVER HAPPEN AGAIN BECAUSE IN FUTURE WE SIMPLY THROW A FEW MORE TRILLIONS ONTO THE GAMING TABLES RATHER THAN LET THE CASINO GO BUST.

THE FACT THAT THE GLOBAL CASINO IS BUILT ON QUICKSAND AND THAT THE STAGGERING FLOOD OF EVER MORE DEBT IS FINANCING EVER MORE ENVIRONMENTAL PLANET DESTRUCTION THAT IS WIPING OUT THE GLOBAL LIFE SUPPORT SYSTEM IS NOT ON ANY BANKER’S AGENDA LEAST OF ALL THE CENTRAL BANKERS WHO KEEP THE MONEY FLOWING AT INTEREST RATES THAT MAKE ENVIRONMENTAL VANDALISM A HIGHLY PROFITABLE BUSINESS.

The world is now run like a Microsoft program with thousands of totally idiotic, superfluous, schizophrenic options that not only contradict and conflict with each other and necessitate/promote thousands of similar junk but also cause that total self-multiplying waste that pervades the human planet destruction ideology that has become the benchmark of debt finance and economic growth that is wiping out the global life support system.

It has perverted billions of ignorant shopping zombies into billions of compulsive clicking zombies.

The banks have to rip off clients to make good the thousands of billions in losses sustained from their irresponsible/reckless leveraged debt financing of the global construction madness that has covered the planet in millions of unwanted bunkers/tourist slums/office/bureaucrat blocks amidst a run down dilapidated infrastructure.

The question is did they copy their governments or is it the other way round?

Governments rip off people with excessive taxes that are supposed to pay for an equitable society within a well maintained infrastructure:

instead taxes go on the spendthrift bureaucrats and their zillions of associates in crime aka consultants/lawyers/accountants/experts/debt issuers who are endlessly designing new paperwork that can be sold at ever more excessive extortionate cost to the growing mass of ignorant subservient shopping zombies who overcrowd the planet to provide that easy living for the bureau-c-rats and their government rackets.

Try to complain to any government department and you get an endless referral train as every possible department denies responsibility.

As ever more globalised institutional rackets emerge that cash in on this debt financed gravy train all sense of proportion, of balance, of equitability, of ethics, of co-existential equilibrium with nature and biodiversity has been strangled in a morass of global dishonesty, deception, extortion, exploitation and fraud.

PERPETRATORS ARE FINED SO THAT THEY HAVE TO GROW THEIR RACKETS TO PAY THE FINES FROM EVER MORE PLANET DESTRUCTION!

The 27 EU countries have inflicted/inflated the world’s largest debt bubble/overlapping/buck passing bureaucracy nightmare based on an artificial valuation explosion of its Euro/Pound and associated currencies - concocted by the forex rackets - that reflects the debt for more debt ideology to fuel ever more planet destruction growth they call economic growth/development/free trade. When every country on the planet has adopted the EU model more than 24,000 million (24 billion) humans will scratch what’s left of the planet for edible food and drinkable water killing each other in the process. It’s a future that could still be prevented but not by adding ever more water to floods, fire to heat and debts to debts.

In a cynical perversion/manipulation of forex markets the Japanese yen has been driven up well beyond its fundamental par “value” with the Euro/Pound and USD to slow down Japanese exports:

- based on a debt for debt comparison Japans‘ debt mountain matches or exceeds that of the EU/USA and there is no fundamental reason why all of these currencies should no be at constant parity but of course that would leave the banks and their forex rackets without billions of endless profits.

ONE ANIMAL SPECIES HAS MANAGED TO CAUSE MORE PLANET DESTRUCTION THAN ALL OTHER FORMS OF LIFE BECAUSE IT EXPANDS ITS ANNIHILATING/CATACLYSMIC ACTIVITIES ON THE PRECEPT OF DEBT FINANCED/SPECULATIVE GROWTH BEYOND REASON AND CONSEQUENCES.

BY TREATING THE GLOBAL LIFE SUPPORT SYSTEM AS A GAMBLING CASINO/BETTING SHOP THIS ANIMAL SPECIES HAS COMPROMISED ITS CO-EXISTENCE WITH FELLOW SPECIES/NATURAL HABITAT THROUGH INSTITUTIONALISED CORRUPTION/RESOURCE DEPLETION THAT IS BASED ON GROWTH.

IT’S THE ONLY ANIMAL SPECIES THAT HAS CUNNINGLY INVENTED “GODS” TO ABSOLVE ITSELF FROM ITS PLANET DESTRUCTIVE IDEOLOGY - THAT UNITES THE RELIGIONS - THAT HONOUR/SUSTAIN/ADULATE THE PERPETRATORS.

IT IS ALSO THE ONLY ANIMAL SPECIES THAT IS SO OBSESSED WITH ITSELF - THEY CALL IT “NEWS” - THAT IT IGNORES THE DESTRUCTIVE IMPACT IT CAUSES ON ITS VERY OWN LIFE SUPPORT SYSTEM BY CAUSING THE IMBALANCES THAT CAUSE GLOBAL WARMING AND CLIMATE CHANGE.

Greece that spendthrift EU country that sparked the global debt crisis with its 500 billion debt mountain has now been handed an additional 120 billion petty cash by that notorious money printing outfit called IMF that rewards overspending/bankruptcy and dissolute accounting practices with an ongoing stream of more debt.

Yet we have clowns writing in the New York Times that the world could face “deflation” a typical journalistic absurdity when global debt mountains to finance the artificial survival on a steadily declining resource base are inflating like never before:

Wheat prices have doubled in one month as a result of Russia halting exports due to massive wildfires. Global Warming is alive and working:

THE GLOBAL FOREX FRAUD THAT FINANCES THE GROWING DEBTS THAT FINANCE GLOBAL WARMING AND CLIMATE CHANGE

As virtually all debt instruments are ultimately accounted for in USD a systematic global fraud has been perpetrated by the banks who control the worldwide currency casino that bears no relation to facts OTHER THAN THE FACT THAT THE FOREX DEALERS HAVE MADE TRILLIONS IN UNWARRANTED ARTIFICIAL PROFITS BY GAMBLING CURRENCIES - PROFITS THEY PLUNGE INTO MORE PLANET DESTRUCTIVE ACTIVITIES:

Take the lunatic EU/USD roulette as a prime example:

US GDP per capita 50,000 USD

EU GDP per capita 30,000 USD

Average EU petrol price per US gallon 6,25USD

Average US petrol price per US gallon 2,72USD

Average EU detached house price including garden and garage over 500K USD

Average US detached house price including garden and garage

180K USD

Average EU nutritious food cost for family of 4 in excess of 160 USD per week

Average US nutritious food cost for family of 4 less than 125 USD per week

New York is the most expensive city in the USA yet ranks only 30 out of the fifty most expensive cities on the planet - most of them European.

Spain considered by the ignorant to be one of the cheapest EU countries will set you back at least 65 Euros or 85 USD for a traditional Spanish meal for TWO consisting of two tomato salads, one fried Calamares, two fried fish and chips, two Nestle ice creams and a couple of rolls plus one small bottle of mineral water and one half bottle of Spanish wine. You can match this is at any Italian restaurant including Italian Wine in New York for half the money.

Average air flight cost:

Flying in the EU from Glasgow to Gibraltar 2200 km will cost at least 610 USD return

Flying the same distance from New Orleans to Boston costs less than 160 USD return

Buying a European car in the USA:

BMW Sedan 4d 335i available at 42600 USD

Buying the same car in its home country Germany will cost you exactly the same but in Euros which means 30% more!

TOTAL EXTERNAL DEBT:

This is a list of countries by external debt, the total public and private debt owed to nonresidents repayable in foreign currency, goods, or services,[1] where the public debt is the money or credit owed by any level of government, from central to local, and the private debt the money or credit owed by private households or private corporations based in the country under consideration.

From Wikipedia, the free encyclopedia

USA TOTAL EXTERNAL DEBT 13,450,000,000 USD OR 45,000 USD PER CAPITA

EU TOTAL EXTERNAL DEBT 39,000,000,000 EUROS OR 78,000 EUROS PER CAPITA CURRENTLY 101,000 USD PER PERSON.

(In effect this constitutes a growing debt for debt exchange between countries that constitutes the fundamental inflation bomb that finances ever more consumption that causes ever more global warming and climate change - something you will never learn at Harvard, Sloan, Columbia, Insead and other business schools where they continue to indoctrinate the lemmings with that growth ideology that is destroying the global life support system.

A new trend amongst the more greedy/avaricious lecturers of business schools is to run their own little rackets assisting the crooks in the planet destruction business to be more crooked)

US unemployment 9,5% or 14,6 million people

EU unemployment 10% or 24 million people

POPULATION DENSITY:

USA 32 people per km2

EU 120 people per km2

USA arable land 180 million hectares for 300 million people

CHINA arable land 120 million hectares for 1,4 billion people

EU arable land 109 million hectares for 500 million people

THE FACTS ARE THAT THE USA IS ON AVERAGE MORE THAN 30% LESS EXPENSIVE THAN THE EU SO THAT EVEN UNDER THE MOST RUDIMENTARY ACCOUNTING RULES THE EURO IS AT LEAST BY 30% OVERVALUED.

The fundamental principle/characteristic/necessity of a racket is nothing other than growth. If a racket does not grow it is doomed because it is built on massive debt foremost the ever larger debt it incurs towards the global life support system.

HENCE SOME OF THE WORST RACKETS TODAY ARE

BUREAUCRACY, RELIGION, GLOBAL CARTELS AND POLITICS.

As virtually every country is now mired in trillions of debt that were accumulated to “sustain” a fraudulent economy that has now come to be accepted/recognised as “unsustainable” and which would literally collapse if normal interest rates/accountancy rules were applied - these countries are now recycling their trillion debt economies in a pretended mini boom they call “recovery” until inflation has turned the trillions into petty cash when a gigantic new wave of borrowing will reignite the construction madness that has left millions of “old” houses, apartments, condos, shops etc. on the unsold rubbish heap and this in turn will reignite the “consumption” boom that has filled the global warehouses and shelves with staggering piles of rubbish that are booked as sold in a giant accounting fraud.

Greece will be allowed to borrow more from the European Union and the International Monetary Fund after making "impressive" progress in implementing reforms and budget cuts, the two institutions said.

THE IMF AND EU REMAIN THE WORLD’S MOST PROFLIGATE DEBT PROMOTERS TOTALLY DISINTERESTED IN THE MOST BASIC ACCOUNTANCY/ENVIRONMENTAL LAWS.

Religions thrive on the growth of “sins” of their “believers” in the same way as the IMF thrives on the growth of debt of its bankrupt adherents.

Through all this the banks keep on animating their dealers to trade the fluctuations on a minute to minute daily basis to pile in the profits that must cover up the losses of the leveraged lending that finances the fraudulent economies in the first place.

Originally money was a medium to exchange goods and services and finance their production to meet existing demand.

TODAY EVER MORE DEMAND IS INVENTED AS FRAUDULENT BALANCE SHEETS SHOW SALES TO DISTRIBUTORS/DEALERS/AGENTS DOWNSTREAM OF GOODS/PROPERTIES THAT WILL NEVER REACH A CONSUMER SO THAT IN THE END THESE GOODS/PROPERTIES ARE LITERALLY GIVEN AWAY BELOW COST AND ON LONGTERM DEBT IN A DISHONEST PROCESS WHERE EVER MORE DEBT FINANCES EVER MORE INDEBTEDNESS:

And what is it all in aid of:

TO PRODUCE MORE JOBS FOR EVER MORE PEOPLE TO PRODUCE MORE RUBBISH FOR EVER MORE GLOBAL WASTELAYING/POLLUTION/NATURAL HABITAT DESTRUCTION/BIODIVERSITY EXTERMINATION THAT THEY CALL ECONOMIC GROWTH THAT IS NOTHING OTHER THAN ONGOING PLANET DESTRUCTION!

Of course you can’t expect the colluding media to report this. Every fact is twisted in support of more economic growth. Typical media story: Global Warming has destroyed rice growing in Vietnam with the “beneficial” result that they now can use the warming sea water for a thriving prawns industry that produces money from exports that can be spent on importing rice that will leave others going hungry and motorcycles that pollute the environment.

EVERYWHERE AGRICULTURE IS CONVERTED INTO ALTERNATIVE MONEYSPINNERS OR MEAT INDUSTRIES SO THAT ULTIMATELY AN EDIBLE FORM OF MONEY WILL HAVE TO BE FOUND OR THE WHOLE TRADE WILL COLLAPSE WHEN PEOPLE WILL KILL FOR CLEAN WATER AND EDIBLE FOOD.

Today 90% of money is leveraged debt and is exclusively used as bets in the global Casino to finance the gambling activities of financial institutions that enrich a few thousand traders and their bosses and their insider vested interests.

Racketeers - who have concocted vast multinational empires with fraudulent schemes that are nothing but full service planet destruction engines that the banking analysts in collusion with their traders hype up or down to suit the insider share dealings - have made billions from what would normally be called theft or deception.

Cynically they are known to hand over large chunks of these billions to the so-called charities that are nothing other than stalwart defenders of the same practices that perpetuate the ongoing growth of all global problems.

In their own rackets that fuel the global inequality/disparity/exploitation there is no need for charity….they make sure they get piles of cash even when fired…..

The fundamental principle/characteristic/necessity of a racket is nothing other than growth. If a racket does not grow it is doomed because it is built on massive debt foremost the ever larger debt it incurs towards the global life support system.

HENCE SOME OF THE WORST RACKETS TODAY ARE BUREAUCRACY, RELIGION, GLOBAL CARTELS AND POLITICS.

The banks assist the rackets by financing their growth/expansion through takeovers/mergers that sustain the global cartels that have only one Vista, i.e.

to rip off the ignorant shopping zombies.

SO-CALLED “INVESTORS” ARE LEFT WITH PAPERS THAT SHOW THE ARTIFICIALLY INFLATED PORTFOLIOS THAT THE BANKS USE AS LEVERAGED DEBT COLLATERAL TO FINANCE THE BUBBLES.

All it does for the global economy is to cause massive inflation through the devaluation of real money.

Just one week of currency gambling by seven banks exceeds the global GDP of 6750 million humans.

Nobody has come up with a shred of evidence that would justify this global gambling scenario that currencies, stocks, commodities and “precious” metals should be on a roulette table on a minute to minute, day to day basis.

All major currencies are on a par because their economies are all run on the same leveraged debt principle.

Stocks are effectively “valued” according to their planet destruction impact.

Commodities are traded before they are even harvested.

“Precious” Metals are traded as if they were edible in a world where more than 40,000 die from malnutrition every day: an increase of 30,000 a day since 1970!

In a corrupt world where everything is fixed to suit the gambling syndicates and racketeers

There was a time when humans were considered social animals now they are just economic animals serving the economic growth ideology.

Yet another bank settles investor fraud allegations with a massive fine of 550 million USD constituting nearly two weeks profit on the principle:

We make all money from gambling including fines:

The Casino will carry on as usual.

GLOBAL DEBT WILL DOUBLE OVER THE NEXT TEN YEARS

SO WILL CLIMATE CHANGE

When all the ice in the Antarctic has melted, the world's oceans will rise by nearly 67m (220 feet), or the height of a 20-storey building.

Japan is building underwater cities. Manila’s Condo bunkers rise higher and higher. The spaceship idea is old hat: the planet Earth was the finest spaceship in the known world and look what the humans did to it.

ALL ANIMALS LIVE BY INSTINCT WHICH MEANS THEY DO NOT ADDRESS A CRISIS WHILE THEY CAUSE IT UNTIL IT AFFECTS THEM PERSONALLY.

There are more than 25,000 abandoned oil wells in the Gulf of Mexico

The General Accountability Office, which investigates for Congress, warned as early as 1994 that leaks from offshore abandoned wells could cause an "environmental disaster," killing fish, shellfish, mammals and plants. In a lengthy report, GAO pressed for inspections of abandonment jobs, but nothing came of the recommendation.

A GAO report in 1989 provided a foreboding prognosis about the health of the country's inland oil and gas wells. The watchdog agency quoted EPA data estimating that up to 17 percent of the nation's wells on land had been improperly plugged. If that percentage applies to offshore wells, there could be 4,600 badly plugged wells in the Gulf of Mexico alone.

from AP National Investigation Team at investigate@ap.org

The bottom line:

BP’s Deepwater Horizon drilling operation may have triggered an irreversible, cascading geological Apocalypse that will culminate with the first mass extinction of life on Earth in many millions of years.

The oil giant drilled down miles into a geologically unstable region and may have set the stage for the eventual premature release of a methane mega-bubble.

Under current media restrictions this fact will not be a news item until it happens.

Yes there is a direct correlation between debt-financed overpopulation/economic growth and global warming with debt-riddled/overpopulated Europe and Asia at the forefront of such

planet destruction.

EUROPE AND ASIA CAUSE MORE GLOBAL WARMING/CLIMATE CHANGE/POLLUTION/WASTE/NATURAL HABITAT DESTRUCTION THAN ANY OTHER CONTINENT.

They see growth in overpopulation not only as an economic growth driver but also as a convenient dilution of per capita environmental impact - with the courageous exception of China whose one child policy is slowing a globally unsustainable population/consumption explosion.

The global economy has no alternative as long as it is under instructions to grow!

Unfortunately today it’s the crooks and criminals that are hooking each other in a global planet destruction growth spiral that cannot end

because there‘s too many crooks and criminals.

ORIGINALLY THE BANKS WERE CUSTODIANS OF PEOPLE’S SAVINGS AND LENDING AT PAR TO THOSE WHO NEEDED MONEY FOR SHORT-TERM BUSINESS DEALS ON THE BASIS OF A MUTUALLY AGREED REPAYMENT SCHEDULE - NOW THEY HAVE TURNED LITERALLY INTO CRIME SYNDICATES THAT HAVE ONLY ONE OBJECTIVE TO ENRICH THEMSELVES BY WAY OF OPERATING THE GLOBAL FINANCIAL CASINO VIA ITS OWN CROUPIERS WHO DO THEIR OWN BETTING.

TODAY A BANK CAN EASILY LOSE 5000 MILLION EUROS AND BLAME A “ROGUE TRADER” ON THE PRINCIPLE THAT SUCH LOSING BETS WILL BE RECOUPED BY NEW BETS/RIPPING OFF ORDINARY CLIENTS.

FUNDAMENTALS ARE TOTALLY IGNORED AS FOREX RATES/COMMODITY PRICES/STOCK VALUATIONS AND BONDS ARE JUGGLED ON THE ROULETTE WHEELS ACCORDING TO THE CROUPIERS/TRADERS INCLINATIONS IN COMPLETE DISREGARD OF REALITY OR CONSEQUENCES IN A WORLD THAT IS NOW A GAMBLERS/INSIDERS/CROOKS PARADISE WHERE OUTSIDERS WILL BE FLEECED.

In an economically integrated world does it make sense that currency differentials of nations that have approximately the same deep debt ratio to finance their debt economies like say the EU versus the USA versus JAPAN should sustain massive fluctuations that enrich the casino operators and their croupiers who manipulate the rates by way of trillions of trades every day?

The Euro has the same value in debt riddled Ireland as in Germany; the US Dollar has the same value in debt riddled California as in Texas; the Yen has the same value in debt riddled Tokyo as in Kyoto yet in the international gambling Casino they are manipulated up and down against each other when in reality they should be at a permanent par value of one to one because they are running their debt financed economies in exactly the same way but this wouldn’t suit the banks who

make vast fortunes from the daily spinning of the roulette wheels.

ORIGINALLY MONEY WAS A MEDIUM TO FACILITATE THE EXCHANGE OF RESOURCES, MANUFACTURED GOODS AND SERVICES.

THE BANKS HAVE CORRUPTED MONEY INTO GAMBLING CHIPS THAT FACILITATE RECKLESS GAMBLING OF THE PLANET’S ENVIRONMENTAL SURVIVAL BY LUNATIC LONG-TERM LEVERAGED DEBT THAT IS FINANCING ENTIRE COUNTRIES TO SUSTAIN THEIR BANKRUPT ECONOMIES AND MULTI-NATIONALS THAT OVER-SATURATE THE GLOBAL MARKETS THROUGH GROWTH THROUGH DEBT WHICH IS THE MEANS THAT CAUSED THE BANKRUPTCY IN THE FIRST PLACE.

It’s a totally out of control financial world that corrupts itself in an ever more expansive leveraged DEBT/DERIVATIVES spiral as ever more “rogue traders are hired” by the banks on the sole principle that 99% of time the loser is the punter and not the Casino.

THE GLOBAL MONOPOLY FANTASY ECONOMY IS ALREADY BIGGER THAN THE REAL ECONOMY OF TRADESMEN LIKE PLUMBERS, BRICKLAYERS, ELECTRICIANS, CARPENTERS, GARDENERS ETC. WHO WORK WITHIN THE PARAMETERS OF NEED RATHER THAN GREED.

THAT CANNOT NOW BE SAID ABOUT LITERALLY ANY OTHER PROFESSION.

(see also how the medical profession acting as sales gumps for the pharma industry turns healthy people into drug addicts)

Banks object to proposed financial regulation claiming that it would take more than one trillion Euros/Pounds/Dollars out of the economy as if that was bad. That money does nothing other than swell the number of gambling chips that ultimately finance more of the same poker rounds to keep the Casinos flourishing.

A GLOBAL STATE OF HEALTH ANALYSIS KNOWING THAT LESS THAN 10% OF HUMANS DIE OF OLD AGE!

Ever more people die from the side effects of the ancillary drugs they must consume to combat the side effects of the primary drugs they have been prescribed;

a global pharmaceutical industry hat-trick!

Twenty years ago total world debt stood at less than one trillion USD.

Today total world debt comprising countries’ external debt mountains and not including internal consumer debt stands at more than 50 trillion USD.

(give or take a few trillions - as nobody really knows how much money/debt is printed by individual countries in a global debt spiral that is out of control)

According to the ILO (International Labour Office - a UN agency)

The world must create 1100 million jobs by 2015 just to keep up with current unemployment levels. So what are individual countries doing about this apart from setting up IVF/medical teams to increase birth rates….thousands of overpaid writers/consultants/experts/lawyers and the usual teams of bureaucrats are endlessly devising new formulas aka “policies” for Government Departments:

According to Britain’s Police Chief:

"If all the pages from currently available national (police) guidance (6497 pages) were laid end to end they would be three times higher than the Eiffel tower.”

It is estimated that global bureaucratic regulations/laws/edicts laid end to end would form a ladder right up to the Moon.

This has and is conveniently enabling/assisting the racketeers/vested interests to pollute/damage and waste lay the planet while the authorities are sifting through millions of pages of regulations that contradict each other sufficiently to create the loopholes that fuel planet destruction.

Of course those caught out have to pay for the damage and will be fined in a double whammy scenario because the money has to come from more planet destructive activities.

This is not like the thief who has to go out thieving again to pay the fine because he has possible alternatives like simple work.

The global economy has no alternative as long as it is under instructions to grow!

In the USA the overlapping FDA, EPA, FBI, CIA etc. and local police forces are literally falling over each others investigators so that it seems they have started to arrest each other to keep overall employment going up: US police chief:

We need more crime because we need more jobs.

Hundreds of thousands of crime agency agents will be recruited to investigate all kindergarten and schools as toddlers and teenagers are allegedly being recruited to infiltrate the planet’s most influential policy making circles that are now constituted by pop music groups pledging such policy formulas like “tonight will be a good good night“, “Miami Girl”, “Bad Romance” or “My Music” and most insurrectionist “what are we living for” a highly subversive song that could be misinterpreted to question the debt-financed shopping zombie lifestyle and thereby literally destroy the contemporary global economic ideology which could seriously undermine global social order/perceptions and liberalise the anachronistic double standards and hypocrisy that infest and sustain global pretensions.

A six year old US toddler has already been put on the terrorist suspect list including a total flight ban by the National Home Defence Department - apparently she has been seen dancing secretly to “Black Eyed Peas” who amongst other things have been alleged to be “Russian sleepers” attempting to replace the dollar with “black eyed peas“.

THIS IS HOW FREEDOM, LIBERTY, FREE SPEECH AND FREE TRADE ARE UPHELD IN A GLOBAL SHOW OF HUMAN PROGRESS TO CREATE JOBS FOR ALL!

In the future we will all be security guards or spies:

This can only be achieved if everybody spies on everybody and makes as many allegations as possible to absorb millions of officials in newly created jobs paid for by the usual government printing machines.

Talking about Policy

Now that just about any teenager with a modicum of brains and simple easily available SPY software can be a “hacker” and access just about any computer across the world we hear that the bureaucrats desperate to justify their outdated jobs have apparently caught “spies” who were supposed (in one of the most laughable accusations ever concocted to waste court time but keep armies of court officials and judges in full time employment and increasing in numbers:

Their goal was to "become sufficiently 'Americanised' (eat hamburgers with coke or T-bone steaks with beer and watch billionaire Oprah’s social policy shows where low IQ reflects body size?) such that they could gather information about the US for Russia and can successfully recruit sources who are in, or are able to infiltrate, United States policy-making circles," according to criminal complaints filed in US federal court.

General Petraeus who is now running the Afghan colonisation/weapons testing war has publicly denied that he is a Russian Citizen and though evidently of Greek descent he has reassured the media that he is not involved in the Greek debt default derivatives scenario.

Such “Policy-Making Circles” that rehash the same old growth precepts that have been more than transparently inflicted by the vested interests on global society and the environment since the crusades have been a pop star privilege ever since the EU appointed such “experts“ from the ranks of Irish pop music circles as economic policy advisors.

(Latest top policy “secret” bandied about by republican “policy” circles:

Don’t think about the negatives of the Mexican Gulf Oil Disaster think about all the goodies oil has and is continuing to provide….)

Russia hardly needs to infiltrate the obvious and the opaque can be heard, seen and interpreted via satellites and computers.

Has it not been said that the world’s most effective and efficient spy is called “google”….with Microsoft a close runner up.

So we don’t need thousands of secret service/police etc. “agents/charlatans” running all over the world trying to justify their totally redundant high expenses existence and claiming they need ever more of their own kind.

AFTER PARIS WAS OCCUPIED IN 1940 INTERPOL BECAME PART OF THE NAZI GESTAPO WHILE THE FRENCH POLICE/SECRET SERVICE DID ALL THE DIRTY WORK THAT LED TO THOUSANDS OF INNOCENT FRENCH CITIZENS BEING GASSED IN AUSCHWITZ - SO MUCH FOR THOSE WHO ARE SUPPOSED TO UPHOLD LAW AND ORDER…..

It is a fact that today law enforcement is nothing other than collusion with the global cartels and political, bureaucratic and religious rackets that control the world and condemn its future to the irrevocable destruction their growth ideology fuels.

(Apparently the “spies” in question had been “monitored” for ten years courtesy the already overburdened taxpayer now that “government“ constitutes effectively 70% of the global economy)

“This summit must be fundamentally about growth. And our challenge, as the G-20,

is that we all need to act to strengthen the prospects for growth,"

Unfortunately today it’s the crooks and criminals that are hooking each other in a global planet destruction growth spiral that cannot end

because there‘s too many crooks and criminals.

The sunny Mediterranean coast was cool and shady covered in pine forest until the racketeers turned it into Europe’s most extensive skin cancer/dog shit wasteland where the only shade comes from the concrete slum bunkers that have replaced the forests.

(from human achievements of the 20th century)

Before debt and printing money became the norm Europe extorted/stole the needed cash and resources from its colonies.

In today’s sophisticated financial casino world the former colonial slave nations have been corrupted to deliver ever more resources from ever more natural habitat destruction and now getting “paid” - money that goes straight back to sustain the bankrupt economies of their former masters who now supply them with weapons, hardware and useless but expensive software/services. To keep the racket fluid the catholic church who invented colonialism makes sure there is a steady increase in overpopulation to reduce the already overwhelming over- saturation of everything except forests/natural habitat/biodiversity and ethics.

The banks have stolen the savers small nest eggs to turn them into casino chips in the form of leveraged debt to finance the racketeers: it has made the bankers/racketeers and their lawyers/accountants rich and left the savers with worthless cash or paper. Of course the banks are always trying to con the savers into participating in the rackets via the debt bandwagon or stocks that fuel the underlying inflation.

The G20 made up largely from ex colonial slave states now want to fuel growth because they know of no other way to cover up the inflation growth causes: the advantage being that inflation deflates the growing debt mountains. It’s the ultimate form of planet destruction.

A charlatan’s fakir fantasy that has produced the current madness whereby 90% of global “wealth from debt” is controlled by 10% of humans leaving 90% or over 4000 million subsisting in infernal, polluted, overcrowded, sickness contaminated bunker city slums like cockroaches in concrete sewage pipes.

(By the time another 10% have been added to the “wealth from debt” economy the 4000 million havenots will have increased to 5 or 6000 million - the catholic church and its copycat religions will have made sure of that)

KNOWING THAT TOTAL DEBT OF THE EUROPEAN COUNTRIES EXCEEDS THAT OF THE USA AND KNOWING THAT SIX OUT OF TEN EU STATES ARE LITERALLY BANKRUPT AND CANNOT RESTART THE RACKETS THEY CREATED TO FUEL THE ARTIFICIAL BOOM THAT LED THEM INTO BANKRUPTCY BECAUSE OF OVER-SATURATION FOR DECADES TO COME - DOES IT REALLY MAKE SENSE THAT THE EUROPEAN CURRENCY SHOULD BE HIGHER THAN THE US DOLLAR?

PARITY SEEMS LOGICAL THOUGH IN PURCHASING POWER TERMS THE EURO IS WAY TOO HIGH EVEN AT PARITY!

Particularly as the USA has the world‘s largest gold reserves covering a massive part of its deficit unlike the bankrupt EU states?

Total US debt is 8,7 trillion that’s about ten times less than the European club med Banana republics whose Sunday prayers include a regular “please forgive our debts so we can continue with the old ways” bearing in mind that racist, nationalist, xenophobic Europe‘s economy is based on a staggering overpopulation of overpaid, low performing, ever more state benefit seeking bureaucrats and uncompetitive 35 HOUR a week “workforce” that exceeds the population density of China/km2. To match Europe’s overpopulation the USA could triple its population and as the USA are a lot more productive and performing and less state dependent with lower wages and benefits than the endlessly low interest debt financed European club med “Eldorado” countries - the USA remains the unmatched global economic power

but there‘s not much they’ll buy from overpriced European sources.

Just look how Nokia has been eclipsed or do you know of any EU computer worth buying? EU technology other than fostering ever more bureaucracy is way behind and all EU countries are hiring brains from Asia just to keep up.

Even football has become an immigrant affair that has led such racist countries like france to assemble an all black team while enforcing ever more xenophobic immigration policies.

(of course football like all “sport” is just another business that is controlled by the global gambling syndicates)

Current political charlatans top joke - they call it policy:

Knowing that there’s no inflation other than in real food instead of the laboratory produced supermarket junk and debts

- but they’re not counted -

what we now need is to hype the markets up, up and up.

The media is desperate to participate in the hype to get those advertising contracts back.

The Fed has pledged to hold rates at record lows to nurture the “recovery” (better known as more planet destruction): but when interest rates are resumed a four trillion USD plume will hit the global economy. Look what Japan’s ten year long zero interest policy has done for its economy….

ACCORDING TO US TREASURY: USA CANNOT SUPPORT WORLD NEEDS HELP OF JAPAN AND EUROPE:

THAT MAKES A ONE HUNDRED TRILLION DEBT TRIO THAT CAN HAVE ONLY ONE OBJECTIVE:

TO FLOOD THE WORLD WITH EVER MORE DEBT ON THE BASIS WE’VE DONE IT FOR THE LAST 60 YEARS SO WHY SHOULD WE STOP NOW! CLIMATE CHANGE, DEFORESTATION, POLLUTION OF THE SEAS, THE AIR, WATER AND SOIL, DESTRUCTION OF NATURAL HABITAT, BIODIVERSITY EXTERMINATION THESE ARE THE DIVIDEND PRODUCING GLOBAL GROWTH ECONOMY ACHIEVEMENT FALLOUTS WE LEAVE TO THE FREAKS WHO DON’T UNDERSTAND THE PROZAC/DRUG/ALCOHOL/DEBT COLOURED BUNKER CITY LIFESTYLE THAT INSPIRES/FUELS MORE OF THE SAME.

Jack London’s “GOLD RUSH” says it all when even “Burning Daylight” had enough of speculating/gambling his life away in meaningless gambles/bets.

Unfortunately today it’s the crooks and criminals that are hooking each other in a global planet destruction growth spiral that cannot end

because there‘s too many crooks and criminals.

Apparently the U.S. is meeting its pledge to the Group of 20 nations to strengthen financial oversight and boost growth, calling on developing and industrial countries to accelerate efforts to reinforce the global “recovery“.

The political charlatans will say anything to stay in power:

1. The fact is that “financial oversight” is meaningless b…..s because it is contradicted by growth that can only be “achieved” by issuing more debt that caused the financial crisis in the first place. And how can you have political oversight over banks when the banks/casino operators/financial speculators control the political charlatans.

2. Growth means more debt and more debt means laying the foundation for the next financial crisis plus inflation and inflation means deception.

3. The so-called “global recovery” is nothing other than another Greek HYDRA where each time one ugly head is chopped off another reappears. Hence to accelerate “efforts” to reinforce the “global recovery” means pouring more debt into the bottomless erupting economic volcano that will spew nothing but social/environmental/ethical and financial integrity destruction:

After all the swan songs of how well the global economy was doing until 2008 it is downright insane to reignite the same madness in preparation for the next crisis.

BY 2013 ALL OF THE INDUSTRIALISED COUNTRIES EXTERNAL DEBT WILL EXCEED 110% OF GDP ACCORDING TO THE IMF -

IT SHOWS THAT THE PROFESSED BUDGET DEFICIT REDUCTIONS ARE NOTHING OTHER THAN A POLITICAL DECEPTION AND SHAM

How would you identify a typical club med nation? Archbishop Kratzinger: Well, fundamentally they believe in anything as long as it absolves them from blame, duty or responsibility. This is where our church scores. Every Sunday all the crimes, the cheating, the lies, the debts, the hooliganism, the rowdy, infernal behaviour, the driving/drinking/drug excesses and the violence are forgiven. The dog shit covered pavements/beaches, the lack of parking and the overall traffic chaos/hooliganism are proof that the debt financed economy is working as fast as the Heidelberg printing machines can churn out the paper money. “Work” in the club med countries means spending other people’s borrowed money as fast as possible without a care for the future or fellow species. As our blessed papa who was trained by the nazis always says we care for animals as long as they’re humans. The others serve to keep our bellies full. To kill to eat is not murder it is to follow in the footsteps of our holy god who created us as human Capital. The more the better because human capital is now literally the only collateral we have left on the planet to service the mounting debt mountains that we need to feed, house, clothe, employ, transport, entertain and defend humans against each other. Don’t you love humans. They’re so cute when they chew a rib cage or a gigot d’agneau or rip out some delicious frog legs.

Basically a lifestyle based on ham/devouring dead bodies.

Of course you are what you eat though pigs don‘t torture fellow animals or defraud creditors.

Noise makes up commensurately for the lack in brains/ethics: that’s why club med countries are so noisy.

And then Kratzinger added: Why do you think ever more countries imitate the club med philosophy/debt lifestyle…..

Add to this global outstanding corporate bond debt of more than 85 trillion USD;

that does not include another 50 trillion USD in ordinary bank overdrafts.

Plus Global Consumer debt including mortgages exceeding 100 trillion USD:

(Not that the Wall Street Journal or the FT will ever tell you this - the media are provided with massaged statistics from corrupt governments)

A world built with and mired in debt that is hinged on a global banking PONZI fraud that is sustained with low interest rates that have been instituted to promote more lending without tangible asset collateral to keep the world economy from collapsing as all markets and consumers are oversaturated:

(Microsoft: our illiterate cleaners are working on another VISTA to mess up millions of computers;

it‘s the only way to keep the economy on track….Apple: why do you think we called it i-pad - yes idiot is spelled….)

it’s like accelerating a fully loaded rubbish train without brakes.

Of course the media have been instructed to concentrate on “budget deficits” because based on the actual debt the majority of countries are insolvent and bankrupt and so are all of the major banks and corporations based on their net tangible assets but of course the conniving accountants/lawyers are masters at ballooning all those intangibles to keep the sinking ships afloat.

NOW THAT COMMUNIST COUNTRIES HAVE INTRODUCED CAPITALISM

THE DEBT RIDDLED/FINANCED CAPITALIST COUNTRIES TURN TO COMMUNISM WHERE THE WORKING MASSES MUST PAY FOR THE PROFLIGACY OF THE MASSIVELY OVERPAID STATE APPARATCHIKS AND THEIR CRONIES WHO POCKET UP TO 1000% MORE THAN THE AVERAGE INCOME - MORE THAN 70% OF THE DEVELOPED COUNTRIES ECONOMIES ARE STATE RELATED -

IT‘S A BACKHANDERS/BAKSHEESH CORRUPTION PARADISE!

(Today’s state economies of the “developed/democratic” countries mirror the totalitarian state control of the fascist/Nazi/falangist eras)

Secret Pentagon report/advice for President Obama:

The ongoing global social, financial and economic turmoil resembles the 1930s which were only solved with the expediency of the 2nd World War that led to a subsequent 20 years of global “prosperity/economic growth” hence we advise that the 3rd World War be officially instituted by an attack on Iran or some other suitable country (why not Korea and end Chinese economic and monetary predominance or better still take over Russia and its vast resources a la mad Hitler or Napoleon) and let it spread as wide as possible. The ensuing reconstruction bonanza will restore the fortunes of the traditionally wealthy while large numbers of poor will have been suitably eliminated in battle.

We can then bring back the Gold Standard and have sane and sound money instead of worthless confetti.

FINALLY THE CHARLATANS AND THEIR “THINK” TANKS WHO HAVE CAUSED THE GLOBAL FINANCIAL CRISIS BY PUMPING EVER MORE DEBT INTO THEIR BANKRUPT BUBBLE ECONOMIES

Nobody knows exactly into which accommodating pockets all the trillions of debt have disappeared - all we know is that the debt riddled countries’ non private infrastructure is run down and collapsing everywhere.

NOW SOME HAVE REALISED THAT THEY MUST STOP THE MADNESS AND SHRINK THEIR BUDGET DEFICITS - WELL OF COURSE THEY FORGOT THAT BY DOING THAT THEY ALSO SHRINK THEIR ECONOMIES WHICH WILL IMPACT ON WORLD TRADE.

IN REALITY THE BUDGET DEFICITS AND THE DEBT MOUNTAINS WILL CONTINUE TO GROW BECAUSE WHAT WILL REALLY HAPPEN IS THAT THE STATISTICAL GOALPOSTS WILL BE MOVED - A SPECIALITY OF CLUB MED COUNTRIES.

It’s good for the environment but bad for winning the next election because the multiplying ignorant masses have been conditioned to the debt financed

dolce vita/dolce far niente/siesta-fiesta/je m’en fou/never mind

Schlaraffenland lifestyle.

Six weeks paid holidays a year; 34 hour week; retire at 50; cannot be fired even for gross negligence, abuse, misconduct or a bunch of ruffians known as Prud’Hommes -fellow troublemakers- will condemn company to pay thousands in compensation. ACCOR’s bank accounts sequestrated for 30 million euros by Prud’Hommes judgement! Police vans burned by French strikers who attack foreign imports/food transits. That’s nationalist France today where less than 30% of the working age population have jobs but unemployment is given as only 8%. French accounting and legal practices usually paid for with brown envelopes are probably at their most creative in resembling the original PONZI scheme. A typical French balance sheet would be that of SA CHEZ FRANCE….with net debt exceeding tangible assets by more than two thousand percent. An insolvent company running under their lawyers/accountants protection racket.

Don’t ever expect France to shrink its budget deficit because France is proud that it has been so “successful” in accumulating more than five trillion USD of external debt that represent more than 200% of its annual GDP. Add to this french consumer and corporate debt and you have a ten trillion USD debt mountain. Of course the French will never admit to these facts: in France there is no corruption only national self-interest.

Previously France simply devalued its junk franc every year now it bleeds the Euro….because the European Union is not a socio-economic-financial Union. On the contrary it is just a trading platform for deeply nationalist xenophobic countries with a massive array of overlapping bureaucrats (and political charlatans) and translators that publish all the legally nonbinding jargon into 27 languages: paper mountains that nobody ever reads other than the “experts and lawyers” who make fortunes out of nothing.

Ever since the President of the EU - a typical club med member trying to jazz up his boring image - surrounded himself with ignorant ageing pop singers as special economic advisors the Euro has crystallised as a banana rubber currency that is sustained by only one factor: Gutenberg’s invention.

In France foreign investors are defrauded because the French legal system protects crooks, fraudsters, insolvent companies and confidence tricksters who pay their conniving/colluding lawyers with the stolen money - to the utmost extent - high court judgements against debtors in France are completely worthless despite their President’s welcome message:

http://www.youtube.com/watch?v=_Vq_1xt6vuY

France is the only country that does not extradite its crooks and swindlers to prevent a population implosion.

INVESTING IN ANY OF THE CLUB MED COUNTRIES IS AS GOOD AS THROWING YOUR MONEY INTO A SEWAGE PIPE AND THROWING MORE GOOD MONEY AT CLUB MED LAWYERS TO MAKE SURE THAT YOU WILL LOSE IT FOR GOOD.

Everywhere commercial growth considerations always come first:

Take the Gulf of Mexico oil disaster. Of course the leaking oil well could have been plugged immediately with concrete to stop polluting the sea and to stop destroying thousands of small fishermen’s livelihood. Once plugged with concrete; a costly new well would have to be drilled so it was preferred to keep trying to somehow control the leak and catch the spilling oil so it can be sold to pay for the mess.

Politicians knowing that there are lucrative board or consultancy jobs waiting when they retire from politics let the commercial rackets carry on under the motto:

disasters will always pay for themselves.

NOW THEY ARE SIMPLY RELYING ON UNDERLYING INFLATION TO GET OUT OF THE GLOBAL DEBT FIX - OF COURSE THEY WILL CONTINUE TO INSTRUCT THEIR STATISTICAL LACKEYS TO DENY INFLATION BUT THESE COUNTRIES CAN ONLY SURVIVE IF THEIR DEBT MOUNTAINS SHRINK IN MONETARY TERMS I.E. MILLIONS WILL BE BILLIONS AND BILLIONS WILL BE TRILLIONS AND SO ON.

A London house that would sell today for 1,5 million could be bought in 1980 for less than 100 thousand. That’s asset bubble inflation!

The thrifty/savers have always been robbed of their hard earned pennies because asset inflation makes a mockery of their savings while the debt freaks have become millionaires/billionaires and are running the world today.

A Chief Economist predicts: Until the oil has run out we’ll keep going on debt and then it will be back to donkeys and an honest cash on the table economy because nobody would sell a donkey on instalments!

4000 million out of today’s 6750 million humans have no regular jobs/income subsisting on less than 2 USD a day; no unemployment benefits never mind redundancy pay; no pension; no free health service; no housing benefits; no child care; they subsist on a low calorie diet of gruel and rice when they can scrape together enough money to buy it and of course they have absolutely no access to free contraception or safe abortion thanks to the charity charlatans who need sustained poverty to keep their rackets going while the rest of the world enjoys the high standards of a fully debt financed lifestyle.

The crooks and thieves who previously robbed the banks of their customers savings/deposits are today working for the banks as traders/dealers/market manipulators/forex speculators doing the same thing and getting handsomely paid for it.

(UBS et al to hire thousands of additional traders/dealers)

Now that every child knows that the global inordinate debt mountains are the cause of the global financial dissolution it’s worrying that governments continue to welcome consumer borrowing growth as the “essential ingredient” for a resumption of the madness - that caused the problems - now cynically referred to as “recovery”. You don’t recover from terminal illness. Debt impacts on the future. As every teenager knows there is no future because the future has already been consumed/wiped out - paid for with debt!

In one of the most childish statements top banker Josef Ackerman of Deutsche Bank says that Greece will not be able to pay back its debt. No country and no major corporation has ever repaid its debt other than with more debt which is the moneyspinner of banks who do the lending and bond trading!

To help fatten the banks for their renewed debt financed planet destruction assault aka “lending” interest rates are kept near zero by the political cronies.

(Take US mortgage lenders Fannie Mae and Freddie Mac who got 126 Billion USD in bailout aid: Well in the last 10 out of 11 quarters Freddie managed to accumulate losses of 82 Billion. Freddie now sits on a total of more than 8 trillion USD of debt - yet house ownership in the USA has only increased by 4% since 1972 - so where’s all the money gone: don’t ask the real estate speculators….) extract from Accounting Today.

The intoxicated banks/hedge funds (cynically called “investors” by the Boomberg boy band) are driving the markets up including of course their own debt savaged/soaked stocks with leveraged proprietary trading to inflate their depleted assets into a new bubble and deliver the resulting artificial, self-inflated “profitability” to mislead the ignorant that everything is back to normal including that elusive job growth. That’s when they start to get at the no interest savings of the thrifty who are conned into buying these stocks of “profitable” banks, corporations and internet rackets (Google still promoting barbaric public animal torture). It’s just like the property bubble only you are not lumbered with bricks and mortar.

(Goldman Sachs: we have done nothing wrong and if we have it’s only one frenchie/black sheep/Frankenstein who’s glitched)

In reality it’s nothing other than Casino ethics:

(AIG who needed a 150 billion USD bailout say they are now making “real” money…from the same old proprietary market manipulation of course)

it has destroyed the integrity of the global

socio-economic-financial-environmental balance.

The PR/propaganda services including their rating agencies like Standard and Poor

(a subsidiary of US media company McGraw Hill…..)

of the USA and the UK the world’s two most indebted countries that lead in global financial Casino operations/manipulations/speculations have yet again succeeded in diverting global media attention from their own junk credit status to that of minor low debt tourist cash cow countries that are part of the EU.

THE INSIDERS WHO KNOW THAT THE EURO IS OVERVALUED ARE SHORTSELLING THE EURO TO PREVENT THE CHINESE FROM ABANDONING THE US DOLLAR. CHINESE OFFICIAL: AS LONG AS THE DOLLAR KEEPS RISING WE’RE HAPPY STAYING IN THAT CURRENCY.

Of course neither China nor Russia are going to switch their cash into the Euro knowing that the Euro has nowhere to go but to parity with the dollar at best.

It cannot be denied that the Club Med countries are living in that religion fostered fantasy paid for by ever more debt and ripping off tourists and defrauding foreigners - ask any foreign investor in the Club Med countries and you‘ll hear nothing but horror stories. Believing that their “sun god” will continue to protect them from angry creditors they have developed a systemic culture of not paying anything from rent to taxes while getting ever more state freebies. Only tourists and foreigners must pay ever higher taxes while the locals pay nothing enjoying the underlying 40% plus unemployment of 16-24 year olds on the overcrowded beaches. Britain and the USA have lower unemployment because they have introduced sophisticated government agencies that surround themselves with millions of “experts and advisers and consultants and lobbyists”: overpaid parasites that siphon off the national income and increase the annual deficit by cooking the books and absolving everybody from responsibility.

Since January 2009 more than 200 banks have collapsed in the USA.

This cannot happen in Europe because the respective governments simply stash ever more debt into the rocky banks on the principle of sustaining employment under any circumstances.

Japan has already successfully copied this “employment” fantasy to deal with its surging unemployment levels that are financed with ever more debt. In pure accountancy terms Japan is as bankrupt as any nation and yet more Asian nations are following in these footsteps courtesy the IMF and Worldbank who throw money at insolvency cases because all it needs is printing.

They pretend that it’s not about the level of debt but the ability to service the debt; i.e. growth. Well their growth has been reflected only in one aspect: their debt mountains have financed what is nothing other than inflation: USA from a GDP of less than 100 billion USD in 1940 to more than 16 trillion USD today. The UK inflation is even more staggering over the same period and the Club Med countries are real champions in this respect. One ice cream now up to 6 euros for foreigners on the beach.

Apart from the fact that none of these countries have any valuable exports other the UK and the USA flooding the world with weapons, derivatives and debt instruments that are nothing other than sophisticated moneylaundering they service their growing multi trillion debt mountains by incurring ever more debt on the basis:

If you let us go bust then we make sure you will be next because we control the global financial markets! And of course the club med say keep doling out more money to us or we’ll cover the beaches and the Med in sewage as we did before the tourist boom.

So now they’re all out on the streets protesting the impertinence of the lenders on insisting that there be some transparency and accountability not knowing that when it’s all forgotten it’ll be back to the same old more debt for old debt fantasy that will be taken care of by the ongoing devaluation of the money in your pocket:

everybody will have more of it but it’ll buy ever less!

A Vatican appointed charlatan once said you could accommodate all 6750 million humans in Texas - as a justification of the pope’s ongoing anti-contraception, anti-abortion, anti-gay blarney. Of course he didn’t mention that you’d still need the remaining 95% of the planet to mass-produce the food, hardware and software to keep them supplied - that has wiped out 95% of all natural habitat/biodiversity and systemically polluted/poisoned the global air, water and soil so that today less than 10% of humans die from old age.

When oil, coal and gas have finally been depleted the by then 10, 12 or 15,000 million humans - overcrowding the barren planet with cockroaches, locusts, mice and rats and similar plagues - will either have to genetically adjust to the global radioactivity fallout from more than 6000 nuclear power stations that are needed to provide basic services or die in tandem with those that are starving to death. At that time even the most crooked Wall Street Casino gamblers will realise that all the financial derivatives, futures, options, warrants, CDIs and similar bets are nothing but mirages in a desert.

Except in isolated circles - this calamity is never mentioned in the global media who shamelessly continue to serve up the mad theories that cause the growing problem. Every kind of irrelevance is dissected ad absurdum and the planet destruction tools are glorified ad nauseam.

There was a time when asset backed debt was a means of building a solid sustainable foundation that would serve to pay the debt and interest back on time.

Now debt in itself has become a global fantasy that is simply replaced by more of the same. The global financial casino operates on debt that is backed by “assets” that are nothing other than debt.

Debt issues are now running into the year 3000 and over.

That means the lender is unlikely to be still alive. Debt is no longer to build solid sustainable foundations. Debt is now about keeping an exponentially growing - hence unsustainable global society in the planet destruction business ad infinitum ignoring that the parameters/resources are finite. Under normal accounting rules this would be intended fraud, deception, dishonesty.

Not so according to the conniving colluding media who still see the mad media pope and his god nonsense/insanity as a father figure whose moronic flock they can’t afford to lose as readers/watchers/followers.

When the Planet strikes back

After more than 250 years of industrialisation/economic growth that have wiped out most of the planet’s natural habitat and biodiversity the planet is striking back with ever more natural disasters:

amongst responsible species you would have thought it would provoke a complete reassessment of priorities such as ending the mad growth ideology that destroys the global life support system;

(according to the IMF the global economy will grow at least 4% in 2010 which means it will double again in only 25 years)

not so amongst humans: airlines affected by the economic impact of the Icelandic payback ash clouds wanted to keep flying.

The EU transport minister wanted airlines to fly regardless of risks to minimise the economic fallout. If a few planes should crash or suffer damage it will be a minor incident considering “overall safety” of the 68,000 daily European flights. No doubt passengers will be subjected to a new “small print” term that by flying aircraft they have agreed to the possibility of endangering themselves by force majeure.

The Planet’s only species that poisons itself with more than 85,000 synthetic chemicals and that finances its self-destruction through demographic/economic growth with ever more debt - in the process exterminating what’s left of the natural environment/ biodiversity in the world’s most violent mass killing spree of all times