Why would anyone invest in bonds when the central banks of the world are printing money like it's going out of style? Why would anyone invest in a bond when your local bank, through the fractional reserve system, can take your dollar and lend out ten dollars?
Millions of people and institutions look to the bond markets of the world to park their money. They must know something I don't. It's a mystery to me why someone would put money in a US Treasury bond for zero percent interest. Would someone explain this to me? Aren't bond investors supposed to be the smartest of all investors?
Why will the Fed raise interest rates? One reason is to slow inflation, and another reason is because investors will demand higher interest for their savings. Old bonds will be dumped and money will be lost.
When the bond market crashes, trillions of dollars will scurry around looking for a new home. They may buy gold,oil,diamonds,real estate,higher priced bonds, or even stocks - but high interest rates are traditionally not good for stocks.
When bond interest rates rise, money will flow out of the stock market and flow into the new higher yield bonds.When the stock market crashes, the hopes and dreams of future retirees will be dashed. Stock investors following the advice of invest for the long term will be big losers.
Maybe when the bond and stock markets collapse we'll find out how smart these investors are and see where their money goes.
I want an infinite return on my money - I want to (and can) print my own money, legally. That is why knowledge is the new money.
2010-05-27
2010-05-26
Striking Out on Your Own
Most people get up in the morning, grab some coffee and head out to a job where they work hard, for peanuts and for someone else. Many people wonder if they could make as much money and maintain a living working hard for themselves.The truth is, most people can make far more working for themselves. And they can do it, even in a down economy—even in a recession.
There should be no separation between personal and business life—people should have complete integration for a more meaningful life.
Make Millions Serving Millions
Find a way to bring your company to the masses, so you aren’t serving just a few people. If you do something you love, and do it to help a lot of people, it’s virtually impossible to fail.
Multiple Income Lifestyle
Many entrepreneurs choose one idea and market it one way. In reality, the same idea or concept can be sold many ways and many times. The film industry makes its money by making a movie once, and then selling it many times (box office, DVD, first-run broadcast, premium cable, pay-per-view, basic cable, syndication and product licensing). If you can mirror that model, you can increase your income exponentially and make multiple incomes from essentially the same job.
The most important things entrepreneurs can do is give themselves permission to pursue their dreams, and realize that success is possible for anyone. You need to know how to live an enlightened life and break though any limiting beliefs that get in the way.
http://www.successmagazine.com/Striking-Out-on-Your-Own-/PARAMS/article/542/channel/20
There should be no separation between personal and business life—people should have complete integration for a more meaningful life.
Make Millions Serving Millions
Find a way to bring your company to the masses, so you aren’t serving just a few people. If you do something you love, and do it to help a lot of people, it’s virtually impossible to fail.
Multiple Income Lifestyle
Many entrepreneurs choose one idea and market it one way. In reality, the same idea or concept can be sold many ways and many times. The film industry makes its money by making a movie once, and then selling it many times (box office, DVD, first-run broadcast, premium cable, pay-per-view, basic cable, syndication and product licensing). If you can mirror that model, you can increase your income exponentially and make multiple incomes from essentially the same job.
The most important things entrepreneurs can do is give themselves permission to pursue their dreams, and realize that success is possible for anyone. You need to know how to live an enlightened life and break though any limiting beliefs that get in the way.
http://www.successmagazine.com/Striking-Out-on-Your-Own-/PARAMS/article/542/channel/20
2010-05-24
Dan Ariely asks, Are we in control of our decisions?
Behavioral economist Dan Ariely, the author of Predictably Irrational, uses classic visual illusions and his own counterintuitive (and sometimes shocking) research findings to show how we're not as rational as we think when we make decisions.
Tags: Dan Ariely TEDTalks TED talks EG predictably irrational behavioral economics choice research psychology
TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes. Featured speakers have included Al Gore on climate change, Philippe Starck on design, Jill Bolte Taylor on observing her own stroke, Nicholas Negroponte on One Laptop per Child, Jane Goodall on chimpanzees, Bill Gates on malaria and mosquitoes, Pattie Maes on the "Sixth Sense" wearable tech, and "Lost" producer JJ Abrams on the allure of mystery. TED stands for Technology, Entertainment, Design, and TEDTalks cover these topics as well as science, business, development and the arts. Closed captions and translated subtitles in a variety of languages are now available on TED.com, at http://www.ted.com/translate. Watch a highlight reel of the Top 10 TEDTalks at http://www.ted.com/index.php/talks/top10
Tags: Dan Ariely TEDTalks TED talks EG predictably irrational behavioral economics choice research psychology
TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes. Featured speakers have included Al Gore on climate change, Philippe Starck on design, Jill Bolte Taylor on observing her own stroke, Nicholas Negroponte on One Laptop per Child, Jane Goodall on chimpanzees, Bill Gates on malaria and mosquitoes, Pattie Maes on the "Sixth Sense" wearable tech, and "Lost" producer JJ Abrams on the allure of mystery. TED stands for Technology, Entertainment, Design, and TEDTalks cover these topics as well as science, business, development and the arts. Closed captions and translated subtitles in a variety of languages are now available on TED.com, at http://www.ted.com/translate. Watch a highlight reel of the Top 10 TEDTalks at http://www.ted.com/index.php/talks/top10
2010-05-23
The possible conspiracy agains our minds via our education system
The possible conspiracy agains our minds via our education system -
Why don't our schools have financial education? And if the schools do provide financial education, why are those doing the "education" bankers and financial planners. Are they agents of the conspiracy?
There are two types of bank robbers:
those that rob banks from the outside with masks, and
those who rob banks from the inside armed with MBA's.
How can our educational system produce such highly educated bank robbers? Have our schools and financial leaders sold their souls to the gods of greed and money?
The debt
The good news is bankers don't want Greece or homeowners to go broke. They need countries and homeowners to stay alive so those same countries and homeowners can pay the interest on the trillions of dollars they create out of thin air.
The debt will be "rescheduled", which means extended. The debtor will be offered better terms for even more years. The creditor, in this case the bank, will reduce the debt a little, just to look like a good guy and the economy will "recover". The only difference is that the citizens of the world will pay higher taxes and higher prices as inflation creeps into the economy.
It's happened before, it's happening now, and it'll happen again.
In the near future, there will be a few more rich people, fewer middle class people, and many more poor people.
Each bailout means the bank robbers from inside the bank, armed with MBAs, are hard at work. They're becoming very rich working for the international banking cartel that controls the Fed, the world's Central Banks, the IMF, and the World Bank.
If you're going to play the game of money, you may as well play by the rules of the bank robbers with MBAs. If people are going to become richer, why shouldn't you be one of them?
Related: Bailouts are the name of the game
2010-05-22
Bailouts are the name of the game
The first big national bailouts began with Latin America followed by Mexico, Asia, Russia, the US, and now Greece, as well as the rest of Europe. Will China be next?
Bailouts are the name of the game. Bailouts are designed to shift the bank's losses to the taxpayers. This means the citizens of Greece will pay higher taxes, and Europeans will have their currency, the euro, devalued, which means life in the European Union will get more expensive.
Bailouts are how the banking cartels that run the world steal the wealth of the people.
Bailouts are part of the international bankers' business plan.
Bailouts are the way the banks put their hands into taxpayers' pockets with the blessing of government leaders.
Taxpayers pick up the tab as the bankers keep their profits.
It is now about borrowers with jobs and good credit; borrowers who could afford to keep paying off their mortgage but who were instead walking away and taking voluntary foreclosure. Why were they doing this?
The answer is because their homes were worth less than 50 percent of the mortgage. In other words, they were underwater. Those interviewed decided the money they saved by walking away from their mortgage was worth the blemish on their credit rating.
What's going to happen when the world finds out that Greece, Spain, Italy, Ireland, and England have also cooked their books? What about the United States?
Bailouts are the name of the game. Bailouts are designed to shift the bank's losses to the taxpayers. This means the citizens of Greece will pay higher taxes, and Europeans will have their currency, the euro, devalued, which means life in the European Union will get more expensive.
Bailouts are how the banking cartels that run the world steal the wealth of the people.
Bailouts are part of the international bankers' business plan.
Bailouts are the way the banks put their hands into taxpayers' pockets with the blessing of government leaders.
Taxpayers pick up the tab as the bankers keep their profits.
It is now about borrowers with jobs and good credit; borrowers who could afford to keep paying off their mortgage but who were instead walking away and taking voluntary foreclosure. Why were they doing this?
The answer is because their homes were worth less than 50 percent of the mortgage. In other words, they were underwater. Those interviewed decided the money they saved by walking away from their mortgage was worth the blemish on their credit rating.
What's going to happen when the world finds out that Greece, Spain, Italy, Ireland, and England have also cooked their books? What about the United States?
At least a few Americans know that the US has a few off-balance sheet Improvised Explosive Devices (IEDs) on their books. They're called Social Security and Medicare.
2010-05-20
The German hyperinflation
The reason to study history is to see the future.
"The German people had no idea that anything was wrong."
The German people,just before the rise of Hitler, had no idea there was a problem with their economy. It took nine years, between 1914 and 1923, for the German mark to fall to one "trillionth" of its value. Only then did the German people wake up.
While inflation was rising, the people were excited, business boomed, and jobs were plentiful. Then the whole thing crashed - and Hitler came to power in 1933.
Please do not act like the German people did a hundred years ago, and leave your future up to the government. THat is why Hitler came to power.
Related: Point of No Return
"The German people had no idea that anything was wrong."
The German people,just before the rise of Hitler, had no idea there was a problem with their economy. It took nine years, between 1914 and 1923, for the German mark to fall to one "trillionth" of its value. Only then did the German people wake up.
While inflation was rising, the people were excited, business boomed, and jobs were plentiful. Then the whole thing crashed - and Hitler came to power in 1933.
Please do not act like the German people did a hundred years ago, and leave your future up to the government. THat is why Hitler came to power.
Related: Point of No Return
2010-05-18
Point of No Return
With every bailout, debt goes up, as do taxes. As long as we can pay the interest on our debt through our taxes, the system works. For example, if you earn a $1,000 a month and your debt payments are $500 a month, things are fine. But if your debt payments exceed $1,000 a month, your personal financial system begins to break down. That is where the world is today.
1. Inflation is essential for war.
Throughout history, governments have financed wars not through taxes but through inflation - the hidden tax.
2. Inflation leads to a loss of freedom.
When inflation increases, governments step in to take more control of the economy, which leads to losses of personal freedom. That is why, when the economy finally collapses or goes into hyperinflation, dictators and despots come to power. Famous past dictators and despots are Hitler, Napoleon, and Mao - all of whom came into power during unstable economic times.
3. How do you measure the point of no return in an economy?
The economists state that it occurs when:
a. Debt exceeds 73 percent of GDP
b. Debt exceeds 230 percent of external exports
"Regulators almost certainly will be unable to prevent future financial crises, so the focus should be on structuring the financial industry so that it can better absorb unexpected blows." Alan Greenspan testifying before the bipartisan Financial Crisis Inquiry Commission.
When the economy goes past the point of no return, leaders take control, often by imposing wage and price controls.
The most important thing you can do is think for yourself. Don't get caught up in the belief that things are fine and the government will save you.
1. Inflation is essential for war.
Throughout history, governments have financed wars not through taxes but through inflation - the hidden tax.
2. Inflation leads to a loss of freedom.
When inflation increases, governments step in to take more control of the economy, which leads to losses of personal freedom. That is why, when the economy finally collapses or goes into hyperinflation, dictators and despots come to power. Famous past dictators and despots are Hitler, Napoleon, and Mao - all of whom came into power during unstable economic times.
3. How do you measure the point of no return in an economy?
The economists state that it occurs when:
a. Debt exceeds 73 percent of GDP
b. Debt exceeds 230 percent of external exports
"Regulators almost certainly will be unable to prevent future financial crises, so the focus should be on structuring the financial industry so that it can better absorb unexpected blows." Alan Greenspan testifying before the bipartisan Financial Crisis Inquiry Commission.
When the economy goes past the point of no return, leaders take control, often by imposing wage and price controls.
The most important thing you can do is think for yourself. Don't get caught up in the belief that things are fine and the government will save you.
2010-05-17
Bomb Bust and Lies
Even though Lehman Brothers is gone, attorneys and consultants are making a fortune picking over the dead corporation's carcass. According to The New York Times nearly a billion dollars had been spent cutting up the fallen giant and selling off the parts.
It appears that GM used borrowed government money to repay borrowed money. Isn't that the same thing most subprime investors were doing, using their home equity loans to pay off mountains of credit card debt? It all worked - for a while.
Tragically, the world economy is doing the same thing GM is doing, using borrowed money to pay off bad loans. As more printed money flows into the system, the stock and gold markets continue to climb. If I were a gambling man, I'd say that when the stock market crashes, gold and silver will climb higher.
You can't rebuild an economy by using same lies that caused the crisis. The Federal Reserve Bank is not federal, nor is it a bank. It's a banking cartel that has the power to control America's money supply - and consequently the world's.
As long as the world continues to believe the lies that we can print as much money we want and that we can spend more money than we earn, the bombs, busts, and lies will continue.
It appears that GM used borrowed government money to repay borrowed money. Isn't that the same thing most subprime investors were doing, using their home equity loans to pay off mountains of credit card debt? It all worked - for a while.
Tragically, the world economy is doing the same thing GM is doing, using borrowed money to pay off bad loans. As more printed money flows into the system, the stock and gold markets continue to climb. If I were a gambling man, I'd say that when the stock market crashes, gold and silver will climb higher.
You can't rebuild an economy by using same lies that caused the crisis. The Federal Reserve Bank is not federal, nor is it a bank. It's a banking cartel that has the power to control America's money supply - and consequently the world's.
As long as the world continues to believe the lies that we can print as much money we want and that we can spend more money than we earn, the bombs, busts, and lies will continue.
2010-05-15
Crashing Into The Future
The issue at hand was the moster crash that is still coming and how you can not only survive but also profit from it.
The nice thing about gold and silver is that's a good investment, even for financially brain-dead people. It doesn't take much intelligence to go to your local coin store, buy gold and silver coins, and hide them.
Invest in oil and gas - IF an oil well produces oil for 25 years, the investors receives passive income for 25 years, and a tax break for 25 years. That means rather than pay taxes on their income, which they'd pay if they saved money in a bank or invested in a retirement plan, the investor gets a tax break.
The people who will do the worst when the crash comes are employees and the self-employed. When the crash comes, the central banks of the world will print more money, which will cause inflation. When inflation hits, employees and the self-employed will probably work harder and demand more money to cover their higher cost of living. This will drive them into a higher tax bracket, which means they will work harder and make more money, but they will also pay progressively higher taxes.
On top of that, the people following these old rules are having their wealth siphoned from their pockets by the government through taxes.
While no one wants a crash, a crash is unfortunately inevitable.
The nice thing about gold and silver is that's a good investment, even for financially brain-dead people. It doesn't take much intelligence to go to your local coin store, buy gold and silver coins, and hide them.
Invest in oil and gas - IF an oil well produces oil for 25 years, the investors receives passive income for 25 years, and a tax break for 25 years. That means rather than pay taxes on their income, which they'd pay if they saved money in a bank or invested in a retirement plan, the investor gets a tax break.
The people who will do the worst when the crash comes are employees and the self-employed. When the crash comes, the central banks of the world will print more money, which will cause inflation. When inflation hits, employees and the self-employed will probably work harder and demand more money to cover their higher cost of living. This will drive them into a higher tax bracket, which means they will work harder and make more money, but they will also pay progressively higher taxes.
On top of that, the people following these old rules are having their wealth siphoned from their pockets by the government through taxes.
While no one wants a crash, a crash is unfortunately inevitable.
2010-05-14
The End Is Near
The Fed, The Treasury, The SEC, and the Commondity Futures Trading Association make up "The Working Group On Financial Matters." These four dictators of the U.S. financial markets work hand-in-hand with the New York Stock Exchange and Wall Street banks such as Goldman Sachs, CitiBank, and JP Morgan. The Four Dictators control the explosive derivatives markets by buying and selling derivatives as market conditions dictate.
Each time The Four Dictators step in to save the markets, banks such as JP Morgan, Citigroup, Goldman Sachs, and others become burdened with trillions in volatile derivatives. Why are these big banks so willing to take on these toxic derivatives? They are willing because the taxpayers will pay for their mistakes via higher taxes and inflation.
After all, these giants are "too big to fail." If they fail, we go into a global depression.
About the active manipulation of the world's financial markets - one way these giants manipulate the world is via the educational system, which is why we have very little, if any, financial education in our schools. What better way to manipulate the world than by manipulating what we learn?
When they can't stop the plunge, the poor and middle class will be wiped out. Odds are that their retirement plans will crash, and savings and home values will be wiped out via depression and hyperinflation.
The banks will print more and more fiat currency, which is counterfeit money, hoping that this will save the economy. The reality is that fiat currency is what's been destroying the economy for years.
Soon after 1971 when President Nixon took the dollar off the gold standard, counterfeit dollars began flooding the world, causing the Latin America Debt Crisis, Mexican Crisis, Asian Crisis, Russian Crisis, US Subprime Crisis, and today, the crisies in Portugal, Ireland, Italy, Greece, and Spain.
What we as individuals do depends upon who we are.
When the $700 trillion in derivatives begins to unravel, oil,copper, real estate, and other instruments of value will crash. For many people this will be bad news. Yet, for the financially sophisticated, the crash in prices will be the opportunity and wealth transfer they've been waiting for.
Plan on being on the receiving end of the biggest wealth transfer in history.
Each time The Four Dictators step in to save the markets, banks such as JP Morgan, Citigroup, Goldman Sachs, and others become burdened with trillions in volatile derivatives. Why are these big banks so willing to take on these toxic derivatives? They are willing because the taxpayers will pay for their mistakes via higher taxes and inflation.
After all, these giants are "too big to fail." If they fail, we go into a global depression.
About the active manipulation of the world's financial markets - one way these giants manipulate the world is via the educational system, which is why we have very little, if any, financial education in our schools. What better way to manipulate the world than by manipulating what we learn?
When they can't stop the plunge, the poor and middle class will be wiped out. Odds are that their retirement plans will crash, and savings and home values will be wiped out via depression and hyperinflation.
The banks will print more and more fiat currency, which is counterfeit money, hoping that this will save the economy. The reality is that fiat currency is what's been destroying the economy for years.
Soon after 1971 when President Nixon took the dollar off the gold standard, counterfeit dollars began flooding the world, causing the Latin America Debt Crisis, Mexican Crisis, Asian Crisis, Russian Crisis, US Subprime Crisis, and today, the crisies in Portugal, Ireland, Italy, Greece, and Spain.
What we as individuals do depends upon who we are.
When the $700 trillion in derivatives begins to unravel, oil,copper, real estate, and other instruments of value will crash. For many people this will be bad news. Yet, for the financially sophisticated, the crash in prices will be the opportunity and wealth transfer they've been waiting for.
Plan on being on the receiving end of the biggest wealth transfer in history.
2010-05-13
Unprecedented Openness
We live in an age of unprecedented openness. As stated earlier, technology has made information and communication free or almost free. There is more opportunity than ever before…yet that opportunity is largely theoretical.
Between 1997 and 2001 the gap was as follows:
1. The top 1% earned 24% of earnings growth.
2. The top 10% earned 49% of earnings growth.
3. The bottom 50% earned 13% of growth.
Until 2008 none of this seemed to matter. The wonderful inventions, such as iphones, ipods, Twitter, Google, and Facebook kept us entertained like kids at Disneyland.
At the same time, the expanding bubble of debt created a surreal environment of monetary nirvana.
As this financial crisis lingers on, the gap between the new plutocracy and the new Dumpies is becoming a pressing political issue.
During the 1960s, the hippies dropped acid and dropped out. Today, as Dumpies, the largest demographic group (a.k.a. baby boomers, approximately 75 million strong…of which I am one) may wake up and drop back in. If they do, who knows where the political process, driven by their hippie values, will go? This is why the second decade of the 21st century will be more important than the first.
We cannot allow the gap to grow bigger. We must have financial education in our schools. Money will not close the gap -- only financial education will. If we do nothing, who knows what creature will emerge as the mascot of the new decade?
To see the future, look to the past. Throughout history, political despots have emerged during times of economic crisis. Some famous characters are Mao, Stalin, Napoleon, and Milosevic.
In 1933, four years after the 1929 crash, two figures arose from the Depression. One was Adolf Hitler. The other was Franklin Delano Roosevelt. Many people believe Barack Obama is modeling himself after FDR. Which leads to the question: Who will play Hitler?
http://finance.yahoo.com/expert/article/richricher/237392
Between 1997 and 2001 the gap was as follows:
1. The top 1% earned 24% of earnings growth.
2. The top 10% earned 49% of earnings growth.
3. The bottom 50% earned 13% of growth.
Until 2008 none of this seemed to matter. The wonderful inventions, such as iphones, ipods, Twitter, Google, and Facebook kept us entertained like kids at Disneyland.
At the same time, the expanding bubble of debt created a surreal environment of monetary nirvana.
As this financial crisis lingers on, the gap between the new plutocracy and the new Dumpies is becoming a pressing political issue.
During the 1960s, the hippies dropped acid and dropped out. Today, as Dumpies, the largest demographic group (a.k.a. baby boomers, approximately 75 million strong…of which I am one) may wake up and drop back in. If they do, who knows where the political process, driven by their hippie values, will go? This is why the second decade of the 21st century will be more important than the first.
We cannot allow the gap to grow bigger. We must have financial education in our schools. Money will not close the gap -- only financial education will. If we do nothing, who knows what creature will emerge as the mascot of the new decade?
To see the future, look to the past. Throughout history, political despots have emerged during times of economic crisis. Some famous characters are Mao, Stalin, Napoleon, and Milosevic.
In 1933, four years after the 1929 crash, two figures arose from the Depression. One was Adolf Hitler. The other was Franklin Delano Roosevelt. Many people believe Barack Obama is modeling himself after FDR. Which leads to the question: Who will play Hitler?
http://finance.yahoo.com/expert/article/richricher/237392
2010-05-11
The New, the Young, the Prosperous
The first decade of the 21st century is over. Many people find themselves off to a bad start. The new century began with the Y2K scare -- the threat of computers shutting down around the world. Then 9/11 came, followed by two long and expensive wars. The Nasdaq bubble and crash were followed by the real estate bubble then subprime crash, which led to the unprecedented printing of trillions of dollars in an attempt to prevent a global depression. The result is a lingering financial crisis that has expanded the gap between the haves and have-nots.
Many Dumpies became Dumpies simply because, like dinosaurs, they failed to notice the weather changing. They simply followed in their parents’ footsteps, faithfully believing that all they had to do was go to school, get a job, buy a house, save money, retire on a company pension, collect Social Security, and live happily ever after at the country club. The formula worked for their parents -- the WWII generation – so why shouldn’t it work for them?
The problem is, the rules of money changed. In 1971 President Nixon took the world off the gold standard and in 1974 the predecessor to the 401(k) plan emerged. Suddenly savers were losers as inflation took off, debtors were winners, and people turned to gambling with real estate and in the stock market as the guarantee of a retirement check for life disappeared.
The New, the Young, the Prosperous
The second group you will hear more about is the new, young, global mega-rich. They are internationally minded plutocrats who are the beneficiaries of globalization and the technical revolution. They are being pushed along by the fall of communism, the spread of economic globalization, and the impact of the internet as technology makes information and communication free or almost free. Most are 40 or younger today.
We live in an era of unprecedented opportunity for the smartest, most persistent, and creative among us. Whole new businesses will emerge around breakthrough products as revolutionary technologies accelerate capitalism’s creative destruction of slower industries.
Both globalization and technology will have a punishing impact on those without intellect, luck, or chutzpah to profit from the changes.
Many Dumpies became Dumpies simply because, like dinosaurs, they failed to notice the weather changing. They simply followed in their parents’ footsteps, faithfully believing that all they had to do was go to school, get a job, buy a house, save money, retire on a company pension, collect Social Security, and live happily ever after at the country club. The formula worked for their parents -- the WWII generation – so why shouldn’t it work for them?
The problem is, the rules of money changed. In 1971 President Nixon took the world off the gold standard and in 1974 the predecessor to the 401(k) plan emerged. Suddenly savers were losers as inflation took off, debtors were winners, and people turned to gambling with real estate and in the stock market as the guarantee of a retirement check for life disappeared.
The New, the Young, the Prosperous
The second group you will hear more about is the new, young, global mega-rich. They are internationally minded plutocrats who are the beneficiaries of globalization and the technical revolution. They are being pushed along by the fall of communism, the spread of economic globalization, and the impact of the internet as technology makes information and communication free or almost free. Most are 40 or younger today.
We live in an era of unprecedented opportunity for the smartest, most persistent, and creative among us. Whole new businesses will emerge around breakthrough products as revolutionary technologies accelerate capitalism’s creative destruction of slower industries.
Both globalization and technology will have a punishing impact on those without intellect, luck, or chutzpah to profit from the changes.
2010-05-10
The Game of Risk - You can only win if you understand how to play
The goal of the game is simple: world domination.
It’s a game without mercy and requires high intelligence and much planning. It’s not a game for suckers.
Over last decade, Wall Street has been playing their own version of the game RISK—and though the stakes are higher, the strategies are the same.
The source of all this risk? Trading.
Those who invest for their retirement in the stock market and financial vehicles made by Wall Street firms are betting on the market rising in value. They are investing for capital gains instead of cash flow.
The problem is that the true money is made in trading—in the sell, not the hold.
In fact, traders need the middle class to invest for the long term so that they can cash in on their financial ignorance through trades—often highly complex trades that take advantage of market swings and that require a high financial intelligence.
All the major Wall Street financial firms understand that the real money is made in short-term trading, not in long-term investment.
"With a trader, the goal of every minute of every day is to make money,So if running the economy off the cliff makes you money, you will do it, and you will do it every day of every week." ~ TIME Magazine, The Case Against Goldman Sachs
Of course, when I say that big firms like Goldman are willing to risk it all to make a killing in trading, I don’t mean they were willing to risk all they have…I mean they’re willing to risk all you have.
These big firms are not just experts in trading, but they’re also experts in hedging those trades. The true victims are rarely the firms themselves—or the executives and traders collecting big bonuses—but rather good, hard-working investors with little intelligence.
The recent lawsuit against Goldman only exists because the SEC thinks that Goldman hedged unfairly—not because they wiped others out. In reality, most people and organizations are just pawns for the big Wall Street firms in a much larger game of RISK—trading edition. I’m not saying that is right or wrong, but it is reality.
Some suggested strategies to be a winner at the board game of RISK
1. Focus on the goal and the objective
This is not a charity game. It’s a chew ‘em up and spit ‘em out, high stakes game where the winners win big and losers are toast.
2. You must grow to win
By doing so, you earn friends in the government who will overlook your unfair advantage, and you gain insider access to make smart financial moves powered by knowledge while the little guys go down in flames.
3. Make large attacks
The risk is higher, but the payoff is worth it. Small trades with little risk are worthless. Why? Because traders make money in the form of bonuses based on the size of the trade.
As the Time article states: “As with everything else on Wall Street, the rise of the CDO had to do with bonus checks. Traders' pay was based not just on how much money they made for the firm but on the size of the bet.” In other words, traders have financial incentive to take bigger risks and are discouraged from playing it safe.
4. Don’t hesitate to eliminate a player from the game
As the old adage goes, “There are no victims on Wall Street, just fools.” Traders are merciless and will sacrifice you, me, the whole economy to make a buck for themselves and for their firm. They don’t have your best interests at heart—they have theirs.
5. Know the map
“New players are fresh meat with huge egos.” I translate that as, “People who don’t know the rules of the game will be eaten alive.”
I want to see you win. In order to do so, you must understand the rules of the game. The only way to understand the rules is to increase your financial IQ.
Understand that the only person who can save you financially—is you. You can’t rely on the other players because their objective is to win—at the cost of you losing. You must rely on yourself and your mind. Knowledge is the New Money. You can only win if you understand how to play.
https://www.richdad.com/Richdad/RDBlog/RDBlog.aspx?TopicID=5
It’s a game without mercy and requires high intelligence and much planning. It’s not a game for suckers.
Over last decade, Wall Street has been playing their own version of the game RISK—and though the stakes are higher, the strategies are the same.
The source of all this risk? Trading.
Those who invest for their retirement in the stock market and financial vehicles made by Wall Street firms are betting on the market rising in value. They are investing for capital gains instead of cash flow.
The problem is that the true money is made in trading—in the sell, not the hold.
In fact, traders need the middle class to invest for the long term so that they can cash in on their financial ignorance through trades—often highly complex trades that take advantage of market swings and that require a high financial intelligence.
All the major Wall Street financial firms understand that the real money is made in short-term trading, not in long-term investment.
"With a trader, the goal of every minute of every day is to make money,So if running the economy off the cliff makes you money, you will do it, and you will do it every day of every week." ~ TIME Magazine, The Case Against Goldman Sachs
Of course, when I say that big firms like Goldman are willing to risk it all to make a killing in trading, I don’t mean they were willing to risk all they have…I mean they’re willing to risk all you have.
These big firms are not just experts in trading, but they’re also experts in hedging those trades. The true victims are rarely the firms themselves—or the executives and traders collecting big bonuses—but rather good, hard-working investors with little intelligence.
The recent lawsuit against Goldman only exists because the SEC thinks that Goldman hedged unfairly—not because they wiped others out. In reality, most people and organizations are just pawns for the big Wall Street firms in a much larger game of RISK—trading edition. I’m not saying that is right or wrong, but it is reality.
Some suggested strategies to be a winner at the board game of RISK
1. Focus on the goal and the objective
This is not a charity game. It’s a chew ‘em up and spit ‘em out, high stakes game where the winners win big and losers are toast.
2. You must grow to win
By doing so, you earn friends in the government who will overlook your unfair advantage, and you gain insider access to make smart financial moves powered by knowledge while the little guys go down in flames.
3. Make large attacks
The risk is higher, but the payoff is worth it. Small trades with little risk are worthless. Why? Because traders make money in the form of bonuses based on the size of the trade.
As the Time article states: “As with everything else on Wall Street, the rise of the CDO had to do with bonus checks. Traders' pay was based not just on how much money they made for the firm but on the size of the bet.” In other words, traders have financial incentive to take bigger risks and are discouraged from playing it safe.
4. Don’t hesitate to eliminate a player from the game
As the old adage goes, “There are no victims on Wall Street, just fools.” Traders are merciless and will sacrifice you, me, the whole economy to make a buck for themselves and for their firm. They don’t have your best interests at heart—they have theirs.
5. Know the map
“New players are fresh meat with huge egos.” I translate that as, “People who don’t know the rules of the game will be eaten alive.”
I want to see you win. In order to do so, you must understand the rules of the game. The only way to understand the rules is to increase your financial IQ.
Understand that the only person who can save you financially—is you. You can’t rely on the other players because their objective is to win—at the cost of you losing. You must rely on yourself and your mind. Knowledge is the New Money. You can only win if you understand how to play.
https://www.richdad.com/Richdad/RDBlog/RDBlog.aspx?TopicID=5
2010-05-08
胡萝卜加大棒
什么样的领导者会追求一种民族主义的发展议程呢？
他们的目标是控制国家资源，并从这些资源中获利。如果他们对贪污和第一世界的生活方式的诱惑没有反应，经济杀手还有各种方法让他们服从，而不管他们愿不愿意。
分而治之是一种对征服者和当地统治者都有益的古老策略。
对于不听话的领导者们，颠覆其政权是控制他们的有效办法。美国和其他强权国家把其作为一个基点来与其他国家建立外交、军事、商业、学术、外贸关系。
相关：腐败、债务及其内幕, 控制之网, 经济杀手, 全球帝国之北方和南方, Corporatetocracy
本文摘自：
他们的目标是控制国家资源，并从这些资源中获利。如果他们对贪污和第一世界的生活方式的诱惑没有反应，经济杀手还有各种方法让他们服从，而不管他们愿不愿意。
分而治之是一种对征服者和当地统治者都有益的古老策略。
对于不听话的领导者们，颠覆其政权是控制他们的有效办法。美国和其他强权国家把其作为一个基点来与其他国家建立外交、军事、商业、学术、外贸关系。
在几次沉默的会议并给不同的利益集团提供资金后，一个不太愿意合作的国家会明显地感觉到政治压力在增大。
以前的政府支持者会反戈相向，而政治对立者讨伐的声音则更加尖锐，媒体也提升了警告调门。压力的增大使经济学家调高了对爆发商业危机的预测：资金从本国移转外逃，投资下降，失业将增加。
如果政府意识到这其中的信息，改变了态度，一切又都不一样了：资金开始回流，不同集团之间的合作立刻变成可能。如果政府向安全度过这场危机，最好这样做，不然的话，更加激进的政策将会带来更大的压力：从暗杀领导人到军事政变都会发生。韦内瑞拉就是一个例子。
注：利用一个国家的民族问题或宗教分裂也是一种成功的策略。
相关：腐败、债务及其内幕, 控制之网, 经济杀手, 全球帝国之北方和南方, Corporatetocracy
本文摘自：
2010-05-07
Pharma firm Hepalink tops IPO price, soars on debut
Interesting notes:
The high IPO price made the company's founders, the low-profile couple Li Li and Li Tan, who hold a combined stake of 72 percent, the wealthiest people in China overnight.
Based on the current stock price, the value of the stake exceeded 50 billion yuan ($7.3 billion), surpassing Wang Chuanfu, chairman of electric car manufacturer BYD, China's richest person in 2009 with a fortune of $5.1 billion, according to the 2009 Hurun China Rich List.
US investment bank Goldman Sachs, which paid $4.9 million for 12.5 percent of Hepalink in 2007, also saw a more than 200-fold return based on the current price.
The Shenzhen-based drug company was founded in 1998. It primarily produces herapin, which is purified from pig intestines then made into a shot used to prevent blood clots in patients with heart conditions or undergoing surgery.
As the only Chinese company accredited by the US Food and Drug Administration to export herapin, the company's net profit jumped from 161 million yuan in 2008 to 809 million yuan last year.
It said it would use the funds raised in the IPO to expand production capacity by building a 864 million yuan herapin sodium plant with annual capacity of 5 trillion units.
http://www2.chinadaily.com.cn/business/2010-05/07/content_9821222.htm
Noted from the Sun Daily, 7th May 2010: Drug Maker IPO Makes Owner China's Richest Man.
The high IPO price made the company's founders, the low-profile couple Li Li and Li Tan, who hold a combined stake of 72 percent, the wealthiest people in China overnight.
Based on the current stock price, the value of the stake exceeded 50 billion yuan ($7.3 billion), surpassing Wang Chuanfu, chairman of electric car manufacturer BYD, China's richest person in 2009 with a fortune of $5.1 billion, according to the 2009 Hurun China Rich List.
US investment bank Goldman Sachs, which paid $4.9 million for 12.5 percent of Hepalink in 2007, also saw a more than 200-fold return based on the current price.
The Shenzhen-based drug company was founded in 1998. It primarily produces herapin, which is purified from pig intestines then made into a shot used to prevent blood clots in patients with heart conditions or undergoing surgery.
As the only Chinese company accredited by the US Food and Drug Administration to export herapin, the company's net profit jumped from 161 million yuan in 2008 to 809 million yuan last year.
It said it would use the funds raised in the IPO to expand production capacity by building a 864 million yuan herapin sodium plant with annual capacity of 5 trillion units.
http://www2.chinadaily.com.cn/business/2010-05/07/content_9821222.htm
Noted from the Sun Daily, 7th May 2010: Drug Maker IPO Makes Owner China's Richest Man.
2010-05-06
腐败、债务及其内幕
腐败通常伴随着权力，作为一种利益和控制机制，它能够把人们的注意力从真正的权力泉源那儿吸引过来。腐败的第三世界领导人喜欢为那些不必要的，没有完备计划或严重超支的项目向国外举债，以便自己获得额外的收益，但这些债务是靠他国家的人民来偿还的。而IMF和世界银行也乐于贷款给他们，尽管它们自己的调查员警告说这些钱将会被贪污；重要的原因是这些贷款仍能够稳定地回流到发达国家的银行。
债务和资本的循环
“至少有一半被最大债务者借去的资金将原路返回，通常在同一年甚至是在同一个月这些贷款就会回来。” Sag Harbor 集团
一些没有管制的离岸银行：
- 帮助第三世界国家的领导们藏匿他们贪污，盗用，拿回扣，受贿和毒品买卖等得来的钱。
- 帮助第一世界的公司和权要们藏匿他们从逃税中获得的利润，却让普通市民来承担这些帐单。
BCCI 调整银行业需要一系列强有力的“球员” - 从中央情报局和在国会中有影响力的民主党与共和党人士到麦德林贩毒集团，甚至，如果可以的话，还包括本拉登的基地组织。~露西 科米萨
IMF 推出的民营化项目为那些受贿者提供了发财机会。
“那些领导人出卖了自己国家的自来水公司和电力公司。。。急切地想拿到佣金存进瑞士银行的账户 。。。你可以看到他们的眼睛都变大了。。。当他们意识到有这么好的机会摆在他们面前时，所有反对变卖国有工业的声音都沉默了。” ~约瑟夫 斯蒂格利茨 （前世界银行首席经济学家)
相关:
控制之网
经济杀手
全球帝国之北方和南方
Corporatetocracy
2010-05-05
Business Resources at Corporate Journey Revamped Site (291-300)
300. Growing Problem of Small Business Health Insurance
299. Business Development Services Credit Card Machine
298. Zero Investment Business Opportunities
297. A High Level Backup Plan for Securing the Business Network
296. Examples of Business Casual Attire
295. 360 Solutions Business Consulting Service Marketing
294. Business Aircraft Consumables
293. Charter A Private Jet for Business
292. Aircraft : Business Jet
291. Businesses for Sale Medical Billing
299. Business Development Services Credit Card Machine
298. Zero Investment Business Opportunities
297. A High Level Backup Plan for Securing the Business Network
296. Examples of Business Casual Attire
295. 360 Solutions Business Consulting Service Marketing
294. Business Aircraft Consumables
293. Charter A Private Jet for Business
292. Aircraft : Business Jet
291. Businesses for Sale Medical Billing
2010-05-04
债务繁荣到破灭: 对第三世界的侵蚀
在很大程度上,亚洲和非洲的新独立国家与拉美国家一样,都是初级产品生产者.
这些产品包括:糖`橡胶`咖啡`锡`铜`香蕉`可可粉`茶`黄麻`大米和棉花等.其中,许多农业初级产品是由第一世界的公司和当地地主耕种的种植园生产的,许多初级矿产品是由第一世界的公司提炼的.
不论什么情况,产品都是由欧美公司主导的市场出售,通常在纽约和伦敦交易,并在欧洲或北美的工厂进行加工.
如何保住西方世界获得第三世界的资源和市场的渠道呢?
殖民地的独立为西方世界提供了一个机会:一方面摆脱了对殖民地的管理责任以及维护执序和发展的直接负担,另一方面又可以保留帝国的所有权益.
但是独立也带来了挑战:亚洲`非洲和拉丁美洲有可能成为本国经济的真正主人,最大限度地自由发展经济,而且还有其他的可能选择 - 古巴和越南就是最明显的例子.
毕竟,帝国的权利并不是简单地从拉美进口石油和咖啡,或从非洲进口铜和科可粉,而是要比西方更便宜的价格进口这些商品,这实际上是要殖民地的独立国家向其前宗主国提供固定补贴.
无论是基于直接统治还是间接影响,帝国权利本身不是为了控制,而是为了大都会或至少是它的统治阶层的利益,而控制第三世界资源和剥削第三世界人民.
在某种程度上,其他选择也会成为西方世界全球控制战略的组成部分:向第三世界国家的发展项目提供了数不尽的贷款.
这些国家根据借款主导的经济发展理论,愿意借款兴建宏大的项目,并认为这些项目将带来繁荣和现代化.
向这些国家提供大笔资金还有助于赢得新第三世界权贵们的效忠,因为这些权贵们处于需要为他们的政治追随者`盟友以及他们的家庭带来荣耀的压力之下.这使腐败的可能似乎是无限的.
这种可能还提供了进一步的机会使第三世界的领导们陷入与西方世界建立的关系中,难以自拔,从而实现对这些国家的控制.结果使这些第三世界领导者放弃依靠自己的力量,最终走上一条可能不仅使更严峻,而且是更危险的发展道路.
相关: 控制之网, 经济杀手, 全球帝国之北方和南方, Corporatetocracy
这些产品包括:糖`橡胶`咖啡`锡`铜`香蕉`可可粉`茶`黄麻`大米和棉花等.其中,许多农业初级产品是由第一世界的公司和当地地主耕种的种植园生产的,许多初级矿产品是由第一世界的公司提炼的.
不论什么情况,产品都是由欧美公司主导的市场出售,通常在纽约和伦敦交易,并在欧洲或北美的工厂进行加工.
如何保住西方世界获得第三世界的资源和市场的渠道呢?
殖民地的独立为西方世界提供了一个机会:一方面摆脱了对殖民地的管理责任以及维护执序和发展的直接负担,另一方面又可以保留帝国的所有权益.
但是独立也带来了挑战:亚洲`非洲和拉丁美洲有可能成为本国经济的真正主人,最大限度地自由发展经济,而且还有其他的可能选择 - 古巴和越南就是最明显的例子.
毕竟,帝国的权利并不是简单地从拉美进口石油和咖啡,或从非洲进口铜和科可粉,而是要比西方更便宜的价格进口这些商品,这实际上是要殖民地的独立国家向其前宗主国提供固定补贴.
无论是基于直接统治还是间接影响,帝国权利本身不是为了控制,而是为了大都会或至少是它的统治阶层的利益,而控制第三世界资源和剥削第三世界人民.
在某种程度上,其他选择也会成为西方世界全球控制战略的组成部分:向第三世界国家的发展项目提供了数不尽的贷款.
这些国家根据借款主导的经济发展理论,愿意借款兴建宏大的项目,并认为这些项目将带来繁荣和现代化.
向这些国家提供大笔资金还有助于赢得新第三世界权贵们的效忠,因为这些权贵们处于需要为他们的政治追随者`盟友以及他们的家庭带来荣耀的压力之下.这使腐败的可能似乎是无限的.
这种可能还提供了进一步的机会使第三世界的领导们陷入与西方世界建立的关系中,难以自拔,从而实现对这些国家的控制.结果使这些第三世界领导者放弃依靠自己的力量,最终走上一条可能不仅使更严峻,而且是更危险的发展道路.
相关: 控制之网, 经济杀手, 全球帝国之北方和南方, Corporatetocracy
2010-05-03
Business Resources at Corporate Journey Revamped Site (271-290)
290. Medical Billing Home Business
289. 2nd Iraq Business Investment Conference, Cairo
288. Starting A Vending Machine Business
287. Business Environment Scanning Case Studies
286. Credit Card Consumer Credit Counseling Non Profit Business
285. Business and Industry Classes in High School
284. SunTrust Business Banking
283. Business Coaching in Wellington New Zealand
282. How is Qualitative Methods Used in Opening A New Business
281. New York City Business Dispute Lawsuit Lawyers
280. Five Balancing Acts for New Business Owners
279. JP Morgan Retirement Plan Services Business
278. Goldman Sachs Private Wealth Management Business
277. Angel Investors for Green Business in China
276. Can A Business Partner Use My EIN to Open A Bank Account
275. Business Bank Account Free with Debit Card Online Approval
274. Investment Bank,Business Analyst,Interest Rate Derivatives (3 of 3)
273. Investment Bank,Business Analyst,Interest Rate Derivatives (2 of 3)
272. Investment Bank,Business Analyst,Interest Rate Derivatives
271. Merchant Banking Business
289. 2nd Iraq Business Investment Conference, Cairo
288. Starting A Vending Machine Business
287. Business Environment Scanning Case Studies
286. Credit Card Consumer Credit Counseling Non Profit Business
285. Business and Industry Classes in High School
284. SunTrust Business Banking
283. Business Coaching in Wellington New Zealand
282. How is Qualitative Methods Used in Opening A New Business
281. New York City Business Dispute Lawsuit Lawyers
280. Five Balancing Acts for New Business Owners
279. JP Morgan Retirement Plan Services Business
278. Goldman Sachs Private Wealth Management Business
277. Angel Investors for Green Business in China
276. Can A Business Partner Use My EIN to Open A Bank Account
275. Business Bank Account Free with Debit Card Online Approval
274. Investment Bank,Business Analyst,Interest Rate Derivatives (3 of 3)
273. Investment Bank,Business Analyst,Interest Rate Derivatives (2 of 3)
272. Investment Bank,Business Analyst,Interest Rate Derivatives
271. Merchant Banking Business
2010-05-02
经济杀手
经济杀手(Economic Hit Men)是收入颇高的专业人士，他们从全球各国骗走了数万亿美元。他们从世界银行、美国国际发展机构(USAID) 和其他对外援助机构那儿挪走资金，放入大型跨国公司的保险箱和控制全球自然资源的少数家族的口袋中。他们使用的工具有虚假金融报告、非法操纵选举、贿赂、勒索、美人计和暗杀。
他们玩的是一场与帝国同生的古老游戏，但在全球化时期却以新的面目和可怖的情形再现。
经济杀手采用的手段有些是合法的，事实上有些行为就是由政府或其他官方机构执行的；有些则处于灰色区域中；还有些却违反了各种各样的法律。
由于受惠者的权势是如此之大，以致几乎没有人对这些行为提出质疑。一个根植于第一世界的资本主义经营分子集团，伙同第三世界的客户们努力按他们的意愿安排世界 （全球帝国之北方和南方）。
在这样的世界中，人并不重要，地球上数十亿的普通民众就更不会引起他们的注意。
那些为全球帝国霸权利益服务的人扮演着多种角色。每个人都有一个头衔 - 金融分析师、社会学家、经济学家等，但所有这些头衔都不能表明他们的真正身份 - 一个经济杀手。
伦敦银行设立了一个离岸分支机构，他们每天的工作却是掩盖被盗用的资金，清洗贩毒的黑钱以及帮助跨国公司逃税。他们是经济杀手。
国际货币组织的一个工作组来到某个非洲国家的首都，该工作组拥有增加必要贷款的权力，但非洲国家获得这些贷款的条件是削减教育经费，开放本国经济，允许北美和欧洲的出口商向本国倾销商品。这种工作组也是经济杀手。
一个咨询师在巴格达由美军保护的“自由区”里开了一家店铺，他重写了开采伊拉克石油储备的法律，他也是一个经济杀手。
Related: 控制之网, Corporatetocracy
他们玩的是一场与帝国同生的古老游戏，但在全球化时期却以新的面目和可怖的情形再现。
经济杀手采用的手段有些是合法的，事实上有些行为就是由政府或其他官方机构执行的；有些则处于灰色区域中；还有些却违反了各种各样的法律。
由于受惠者的权势是如此之大，以致几乎没有人对这些行为提出质疑。一个根植于第一世界的资本主义经营分子集团，伙同第三世界的客户们努力按他们的意愿安排世界 （全球帝国之北方和南方）。
在这样的世界中，人并不重要，地球上数十亿的普通民众就更不会引起他们的注意。
那些为全球帝国霸权利益服务的人扮演着多种角色。每个人都有一个头衔 - 金融分析师、社会学家、经济学家等，但所有这些头衔都不能表明他们的真正身份 - 一个经济杀手。
伦敦银行设立了一个离岸分支机构，他们每天的工作却是掩盖被盗用的资金，清洗贩毒的黑钱以及帮助跨国公司逃税。他们是经济杀手。
国际货币组织的一个工作组来到某个非洲国家的首都，该工作组拥有增加必要贷款的权力，但非洲国家获得这些贷款的条件是削减教育经费，开放本国经济，允许北美和欧洲的出口商向本国倾销商品。这种工作组也是经济杀手。
一个咨询师在巴格达由美军保护的“自由区”里开了一家店铺，他重写了开采伊拉克石油储备的法律，他也是一个经济杀手。
Related: 控制之网, Corporatetocracy
2010-05-01
全球帝国之北方和南方
- 据估计，伊拉克拥有世界上第二大的石油，因此获得伊拉克的石油是美国对外政策的基本目标之一 。伊拉克临时政权正计划和美国、英国的石油公司签署石油生产分享协议，这份协议将耗去伊拉克人民 2000 亿美元，而他们现在正需要这笔钱去重建家园（耐人寻味：是谁摧毁了他们的家园？）。在“抢劫伊拉克的石油：经济杀手在行动”中，穆特揭露了这场高水平掠夺背后的真相。
- 刚果至今仍旧是世界上最贫穷的国家之一，并深陷内战漩涡中。在过去的10年时间里，至少有400万人丧生。而西方的跨国公司为了确保得到黄金、钻石和锡、钶钽矿石（耐人寻味：苹果手机？浪漫的结婚钻戒？），还在大力资助军方，推动内战。在“廉价手机的人力成本”中，克恩提供了一个见证，叙述了为了向第一世界消费者提供廉价的电子产品，刚果人民所付出的高昂代价。
支付能力和发放贷款是没有关系的。在“兜售金钱及其附属物：故设的陷阱”中，他描述了商业腐败文化。地方权要和国际银行在这文化中，建立了基于债务的相互依赖关系，而这些债务最终是由普通民众来偿付的。
金钱和权力的流动
数十年来，北方国家在兜售基于债务的发展模式。
第一世界的贷款人推动着对第三世界国家的贷款，而腐败的第三世界掌权者们又不断地攫取这些贷款，结果便是南方国家高达 3.2 万亿美元的债务陷阱，而同时又几乎没有取得任何真正的国家发展。许多贷款简单地流回第一世界的贷款者或离岸银行天堂。
同时，帝国主义的新时代开始了，其表现是通过干预别国政治以确保对石油等稀缺资源的控制。(控制之网)
金钱和权力的流动
Related: 控制之网, Corporatetocracy
- 刚果至今仍旧是世界上最贫穷的国家之一，并深陷内战漩涡中。在过去的10年时间里，至少有400万人丧生。而西方的跨国公司为了确保得到黄金、钻石和锡、钶钽矿石（耐人寻味：苹果手机？浪漫的结婚钻戒？），还在大力资助军方，推动内战。在“廉价手机的人力成本”中，克恩提供了一个见证，叙述了为了向第一世界消费者提供廉价的电子产品，刚果人民所付出的高昂代价。
支付能力和发放贷款是没有关系的。在“兜售金钱及其附属物：故设的陷阱”中，他描述了商业腐败文化。地方权要和国际银行在这文化中，建立了基于债务的相互依赖关系，而这些债务最终是由普通民众来偿付的。
金钱和权力的流动
数十年来，北方国家在兜售基于债务的发展模式。
第一世界的贷款人推动着对第三世界国家的贷款，而腐败的第三世界掌权者们又不断地攫取这些贷款，结果便是南方国家高达 3.2 万亿美元的债务陷阱，而同时又几乎没有取得任何真正的国家发展。许多贷款简单地流回第一世界的贷款者或离岸银行天堂。
同时，帝国主义的新时代开始了，其表现是通过干预别国政治以确保对石油等稀缺资源的控制。(控制之网)
金钱和权力的流动
Related: 控制之网, Corporatetocracy
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