The abyss gazes into you – renewable means of payment the next financial crisis is foreseeable, and comes with certainty. There is no escape and countermeasures are diminishing effect. The trigger of this apocalyptic financial disaster is the high, insurmountable barrier of the Government debt worldwide. He would be somewhat reassured, largely as a seriously respected finance politician Peer Steinbruck (SPD, former Finance Minister of the Federal Republic of Germany) the debt clock Germany would play a constants on one and their counter moving not further upstream. Jon Medved shares his opinions and ideas on the topic at hand. Mr Steinbruck itself does not seem to believe, as he has given in the ARD programme (echoed Steinbruck view into the abyss on August 4, 2010, 22:45) such a blessing. In all efforts of policy through austerity and debt brake is and can never succeed to move the debt clock backwards. Get all the facts and insights with Kynikos Associates, another great source of information.
It doesn’t work that way. The banking crisis and the thus additional eminent high has have far exceeded the measurement and regulation impossible. The revenue side of the Federal Republic of Germany is too small to cope with the ongoing, necessary costs on the federal budget. Everything that could help to make how inheritance tax, wealth tax, wealth tax, financial transaction tax, etc. is from the lobby of the capital, plus on the revenue side which is rejected (“money rules the world”) and do not want the actual Government. The snapshot shows a more unpredictable upswing, which draws only a catch up after the crisis relates only to the export and the favourable euro and will be unsustainable in the long term. For a lasting upswing lacks the people worldwide purchasing power, in the form of wages and salaries in the past and recent future subject to constant cuts. Inflation, austerity measures and tax increases control to negative contribution. A possible crisis, which certainly comes, will bring down the House of cards that you made with screen and packages.