crisis? Here the economic and social disaster that is coming

Soon an economic crisis of these proportions will explode to the comparison of which the current “crisis” will be defined as well as well.

Meanwhile, we make a small budget starting with the 2007, The first year of the stock market crisis, until today.

Wanting to make a rough estimate but cautious of the current size “crisis” in terms of Dollars, it roams between the 3000 Hey 5000 billions of dollars, Whereas, in this estimate the stock exchange crisis, banking and corporate bankruptcies, injections of banknotes created from nothing operated by the ECB and FED, the industrial crises deriving from the restriction of liquidity and trust, and we add the “discovery” of derivatives and junk bonds.

Just to get a comparison , the big one “maneuver” of Obama was not even 1000 billions of dollars, mostly printed in banknotes from 100 dollars to the cost of 5 cents (there is nothing behind the dollar).

If I go to look for the responsibility of all this, The first responsible are those states like Italy who instead of hitting crime have remedied the fakes in the budget, favored evasion, and all responsible central banks such as the Fed and the ECB that print banknotes without them corresponds something real in economics, so from nothing, and of course the huge profits they do not pay taxes impoverishing citizens and the world. Paraphrasing his friend Marco Della Luna, the banks “possess” the states, And the demonstration is that bank bailouts are made by the state with funding and payments that are charged to citizens with the excuse that it is essential to their well -being, and instead they are even more impoverished than before.

If we look good, at the bottom of everything, or better, the apex of the system, There are a few hands that handle the world through an illegal incredible enrichment given by printing money, and the power connected to it. And it is not possible to exit the system since those who threaten the dollar monopoly which oil payment coin are simply bombed, as happened for all the last wars.

Given the rough estimate of 3000-5000 billions of dollars of the crisis up to now met, very conservative estimate, The Italian government and the fake opposition already speak of recovery (I wrote in May 2009) or minimize the gravity of the situation, But the scientifically measured reality in numbers is completely different.

THE 19 February an article appeared on Milano Finanza, who spoke of a gigantic hole that is about to open (http://rassegna.governo.it/testo.asp?d=34978535).

to speak, Milano Finanza is the financial newspaper among the most read together with the sun 24 ore.

MF told the results of a study of the European Government (the Commission) that was light on the real situation of the European banks. The EU Commission has led to understand how solid or vulnerable the European banks system is, and then just speak of the EU, which is not the euro area but it is linked to it, And therefore we are not talking about the entire planet that mostly floats on a sea of ​​dollars.

The result of the study is shocking : with European banks (not American ones) They have in their portfolio, that is, in their accounting, an average of 40% of values ​​in so-called titles “toxic”, that is, paper that would be the case to call “deadly”, because whoever owns them ended up in economic terms.

The estimated overall value is of 18000 (eighteen thousand) billion euros (that is, about 24 billion at current exchange rates) of toxic assets.

All of these toxic assets will be before or after birth, And this will happen in the course of 1 The 2 years, period in which therefore WILL’ A DIMENSIONS OF THE CRISIS 5 ALL 8 TIMES MORE’ Great of the current .

We try to understand what it is. What are these toxic assets ? Because they will cause these phenomena?

Toxic securities are financial scams orchestrated with the complicity of politicians and administrators.

for example, some municipalities, including Naples, they sold to financial companies “credits” these common boasted to its citizens: We are actually talking about unpaid local taxes such as the Carraio Pass, sewage etc., which they are de facto impossible to collect credits, because citizens had emigrated or dead in the meantime, or at least they did not have the means to pay, and culture.

Instead of going to collect these sums, actually something impossible, Southern species have found smarter and more useful and also easy “to sell” These “credits” to collection companies, for a fraction of their value.

But be careful that in fact these credits were “bad debt”, ie wastepaper.

But the companies that have bought, in turn, Instead of collecting (knowing what it was) they placed in the bags and banks of themselves as they, as a company capitalized with an alleged “credit” Actually made of stroke paper.

E’ So for example that INPS itself in 1998-1999 It sold at about bags 50 billion in unpaid contributions, calling “securitization”.

Banks and actions have bought them, and resold to investors, and now it turns out that “toxic assets”, ie wastepaper.

We have to tell it like it is: They ARE FRAUD AGAINST THE PUBLIC SAVINGS.

Those who were in government then are the same ones who LEGALIZED THE FRAUDS healing FALSE STATEMENTS IN, And today they say that everything is fine and that everything will soon resume as before. They are thus hoping to leave the package to others that arrives or to continue as it has been done in the last 20 years.

Instead the crisis, the real one, will begin to burst between autumn 2009 and the summer of 2010 . In addition to failed enterprises and high unemployment, I will not surprise myself to see imposing social motions.

Anyone who knows me knows that I say these things for months, Just as I had predicted the current crisis for years, But I waited to make these observation publicly to get to the evidence that i “powers” Public knowingly lie.

The regime knows that all this is about to arrive, and we just have to prepare for change, To direct it in an opportunity for change.

I do not believe in global change, but in an awareness and a local change that will become a recipe for other territories.

With Venetie for self -government we began to do so in the vote of the 6 E 7 June, the Province of Padova could become a self-governing territory and the press, aware of this, He censured us all together subverting the constitution.

Although we do not win elections, the right to self-government and to retain 100% of taxes in the territory is a right of legal from 1971 and must be applied.

The causes and appeals that have been carrying out for years together with an increasingly widespread awareness will make the result however.

http://rassegna.governo.it/testo.asp?d=34978535

http://www.comedonchisciotte.org/site/modules.php?name=Forums&file=viewtopic&t=14472

for those who can not believe what I say …… will recreat how many others have already done.