If all Banks do these days is get everybody in debt, and governments have to keep paying them interest, because all the Banks actually deal in is debt management anyway, so they are just debt mountains, they are technically insolvent yes?
Does this mean that a countries judicial system could declare them bankrupt and seize the assets of the owners, the same as any other defaulting business? Ahhh, I wonder if they could cope with being on a low income, don't put them in prison, they would get a TV at public expense! Put them in a high rise flat in the poorest place you can find and tell them to live of social security payments.
Does this mean that parts of the banking structure that are liabilities can simply be shut down, and get on with the business of doing what banks are meant to do, which is to look after savers money, and lend to people that can actually pay back the money they borrow at proper fixed low interest rates?
If I am a saver and I have money in the bank, I don't want to lose it, I want it to be genuinely handled with a good service. So my high street clearing bank is not my problem.
My problem is with the bigger structure that has developed that can dictate how the world is run by getting everyone in debt, and then calling it in like a load of mobsters at a knee breaking party.
If all their assets were siezed, could they be re-sold back to us, at a very fair rate, so that genuine business people can get on with doing something about boosting the economy? I am sure all those people who had to sell their investments in Spain to the banks, rather than default, would still love to be active in the economy given the incentive to do so.
It's a pity that the Germans aren't prepared to accept their interest on loans as the GDP Greece has bought from them in the last 10 years, especially as the farmers were actively made to stop farming by paying them to leave their fields and farms fallow. Now Greece can't feed itself. Get rid of those supermarkets, or privatise them locally into co-operatives, and put your own products in them. All the public need to do is only buy home grown stuff from the supermarket, and try and spend as little as possible. Then you find you get everything on best by date, or sell by date, and the supermarket will have to buy local produce, or simply close. Then you hold a market in their car park, until you can get the supermarket at a low cost rent.
I think the bigger threat right now is that this is all a play to get a Central European Bank in through the back door. This would be the end to democracy as we know it in my opinion. We would all be 'owned' by one bank setting all fiscal policy throughout the EU. I shudder to think of it.
It looks as though the stock markets are just about to take a nose dive, so the whole concept of 'money' as we have known it over the last 25 years of credit card shopping sprees is about to come to an end. Might be a good time to sharpen the kitchen scissors, we are definately going to be cutting up our credit cards any moment now.
I didn't do Baking today as we filled the freezer up with beans. I might need to get a second hand chest freezer as well. I offered to paint a portrait fro our friends who are supplying us with beans and grapes at the moment. We made grape jelly, so we are going to give half the grape jelly back next time we get invited for beans and a cadge for family history research. They have so much already done and available, and we will do parts linking over the winter
Better start re-investing in proper farming again. France does a lot of paying farmers not to grow crops, I think it's now pretty widespread throughout Europe. How stupid is that?
French Farmers are brilliant, you want to see them working all hours round our house in the countryside.
We always get a wave as the tractors go past if we are in the garden.
Rather than pay them to leave fields empty, why not pay wages for farm hands, and get them growing. Even if the crop is not needed for food it can be used for Cellulose plastics that biodegrade, and to go into bio digesters for local gas production. Don't forget Methane can also be bottled like Propane. I would swap my Oil tank in France, and get a new Boiler when mine breaks down if France had a big output of Bio Methane. I could get a Rayburn in my French house, and then I would want to live there all through winter.
If I ran my business or my household budget the EU runs theirs, I would deserve to be out on the street.
Where am I today?.. .. .. In a cashflow crisis, and having a big economy drive to make sure I stay where I like to be, 'IN THE BLACK'! .. .. .. and determined not to dip in to my rainy day/building project fund. That is ring fenced!
Does this mean that a countries judicial system could declare them bankrupt and seize the assets of the owners, the same as any other defaulting business? Ahhh, I wonder if they could cope with being on a low income, don't put them in prison, they would get a TV at public expense! Put them in a high rise flat in the poorest place you can find and tell them to live of social security payments.
Does this mean that parts of the banking structure that are liabilities can simply be shut down, and get on with the business of doing what banks are meant to do, which is to look after savers money, and lend to people that can actually pay back the money they borrow at proper fixed low interest rates?
If I am a saver and I have money in the bank, I don't want to lose it, I want it to be genuinely handled with a good service. So my high street clearing bank is not my problem.
My problem is with the bigger structure that has developed that can dictate how the world is run by getting everyone in debt, and then calling it in like a load of mobsters at a knee breaking party.
If all their assets were siezed, could they be re-sold back to us, at a very fair rate, so that genuine business people can get on with doing something about boosting the economy? I am sure all those people who had to sell their investments in Spain to the banks, rather than default, would still love to be active in the economy given the incentive to do so.
It's a pity that the Germans aren't prepared to accept their interest on loans as the GDP Greece has bought from them in the last 10 years, especially as the farmers were actively made to stop farming by paying them to leave their fields and farms fallow. Now Greece can't feed itself. Get rid of those supermarkets, or privatise them locally into co-operatives, and put your own products in them. All the public need to do is only buy home grown stuff from the supermarket, and try and spend as little as possible. Then you find you get everything on best by date, or sell by date, and the supermarket will have to buy local produce, or simply close. Then you hold a market in their car park, until you can get the supermarket at a low cost rent.
I think the bigger threat right now is that this is all a play to get a Central European Bank in through the back door. This would be the end to democracy as we know it in my opinion. We would all be 'owned' by one bank setting all fiscal policy throughout the EU. I shudder to think of it.
It looks as though the stock markets are just about to take a nose dive, so the whole concept of 'money' as we have known it over the last 25 years of credit card shopping sprees is about to come to an end. Might be a good time to sharpen the kitchen scissors, we are definately going to be cutting up our credit cards any moment now.
I didn't do Baking today as we filled the freezer up with beans. I might need to get a second hand chest freezer as well. I offered to paint a portrait fro our friends who are supplying us with beans and grapes at the moment. We made grape jelly, so we are going to give half the grape jelly back next time we get invited for beans and a cadge for family history research. They have so much already done and available, and we will do parts linking over the winter
Better start re-investing in proper farming again. France does a lot of paying farmers not to grow crops, I think it's now pretty widespread throughout Europe. How stupid is that?
French Farmers are brilliant, you want to see them working all hours round our house in the countryside.
We always get a wave as the tractors go past if we are in the garden.
Rather than pay them to leave fields empty, why not pay wages for farm hands, and get them growing. Even if the crop is not needed for food it can be used for Cellulose plastics that biodegrade, and to go into bio digesters for local gas production. Don't forget Methane can also be bottled like Propane. I would swap my Oil tank in France, and get a new Boiler when mine breaks down if France had a big output of Bio Methane. I could get a Rayburn in my French house, and then I would want to live there all through winter.
If I ran my business or my household budget the EU runs theirs, I would deserve to be out on the street.
Where am I today?.. .. .. In a cashflow crisis, and having a big economy drive to make sure I stay where I like to be, 'IN THE BLACK'! .. .. .. and determined not to dip in to my rainy day/building project fund. That is ring fenced!
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