Author: cd_moderator

Monetary system reform [Copy link] 中文

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Post time 2012-6-19 12:20:41 |Display all floors
TheHermit Post time: 2012-6-19 05:50
The circumstances relating to Adam Smith's market philosophy have changed since the eighteenth cen ...

Yes, but we waited to decide Greek's question in the beginning of 2012. Finally now, Greek's problem are now and problem countries schedule is increasing now. Europe must understand, that can not decide this problem by building of artificiality structure

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Post time 2012-6-19 12:39:23 |Display all floors
In the last time Europe goverment more pay attention to human right in Europe and in others countries. In principal human right (in detail, right of workes) is basic stone in Europe's economic model. To combaine real economy and intangile law structure, Europe walked a long and difficult road.
But now Europe wants, that "at same time, wolfs (manufacture) will be satisfied and sheeps (workes) will be not eat by wolfs"
Manufactures can not continue to produce different products, because europe products is not competiteve in price, but workes must obtain the guarantees and unemployment's benefit.
For a long time, Europe was like a mentor for others contries about human rights, but in fact high life and human rights level were make because of others countries. There is not crisis in Europe, there is payment time for good high standard life in the past (unfounding by real ecomony position)

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Post time 2012-6-19 13:29:45 |Display all floors
The only monetary reform the bankrupted US and EU banks needed are, TOO BIG TO FAIL banks, should just be allowed to fail, and should taxpayers should not shoulder the burden of bank bailouts, by accepting lower standard of living due to higher prices caused by money printing used to bail out the greedy bankster. Else, just let China surplus fund buy those too big to fail bank cheap assets.

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Post time 2012-6-19 19:44:55 |Display all floors
Paul_Ket Post time: 2012-6-19 12:39
In the last time Europe goverment more pay attention to human right in Europe and in others countrie ...

Consensus politics was the cornerstone of the rebuilding of European economies after WW2. It is the move away from those policies in preference to the overbearing power of capital over the workforce which is destroying the EU.
With the collapse of the USSR and the absence of a different political model, capitalism revealed its true colours. Inhumanity, arrogance, and criminality characterize the version of capitalism pursued in the last thirty years.
The world needs more idiots like me, all the others think they are clever.

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Post time 2012-6-20 01:20:04 |Display all floors
Banking reforms need to be put in place though to stop the gamblers taking so many risks with depositors money.


Basel III is being implemented. I therefore consider this issue as solved.

In the last time Europe goverment more pay attention to human right in Europe and in others countries. In principal human right (in detail, right of workes) is basic stone in Europe's economic model. To combaine real economy and intangile law structure, Europe walked a long and difficult road.


Human rights are not the problem for Europe's current economic voes - neither is democracy. It's much more the lack of democracy, as Europe is not as democratic as the US. In the US, you can vote on many local decisions, new laws and so on. Moreover, there's a sophisticated system of checks and balances that prevents any organ from having too much power.
In most European countries, however, you can only choose your leaders - and the leaders can do whatever they want. Courts, for instance, are far less powerful than in the US and people don't have a say on new laws or budgets of their countries. On EU level, it's even worse (but in the US, people are very restricted here too and can only elect the president). So it's actually the lack of democracy that is the problem - not the human rights.
If you look at European countries with direct democracy, there is no debt problem at all...

But it's definitely the right approach to question the European governments, as they are responsible for a vast share of current global economic voes (and, while the US and China solved their problems and are recovering, Europe still isn't - and pulls the others down). Hopefully, Europe will reinvent itself just like America and China soon - rather than just trying to postpone problems once more.

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Post time 2012-6-20 11:14:03 |Display all floors
Everynowhere Post time: 2012-6-20 01:20
Basel III is being implemented. I therefore consider this issue as solved.
there's a sophisticated system of checks and balances that prevents any organ from having too much power.


So where did it all go wrong in the US? How come the 1% have so much and the rest so little?

The problems Europe faces stem from the adoption of US style capitalism. Europe was not doing badly while it maintained a certain distance from the US. The French veto of the Iraq war and the row between Fischer and Rumsfeld are all too recent to ignore. But the Atlanticists, through the Zionist media, managed to install the governments of their choice within the EU, and we are now witnessing the results.
The world needs more idiots like me, all the others think they are clever.

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Post time 2012-6-20 13:45:00 |Display all floors
So where did it all go wrong in the US? How come the 1% have so much and the rest so little?


That's all about perception. Social disparities are much more staggering in other countries - for instance in China - and there isn't such a fuss about it. In the 1970ies and before, social disparities in the US were also greater and there was less complain - there have always been rich and poor people. That's not an economic problem - it's a sociological one. Why certain people are better at organising and managing than others? Why is only such a small share of our society good at leading?

The problems Europe faces stem from the adoption of US style capitalism. Europe was not doing badly while it maintained a certain distance from the US. The French veto of the Iraq war and the row between Fischer and Rumsfeld are all too recent to ignore. But the Atlanticists, through the Zionist media, managed to install the governments of their choice within the EU, and we are now witnessing the results.


The EU has a similar problem like Asia and the US: the governments are too big, leading to an inefficient distribution of goods and ultimately to a crisis. All current crises - the real estate crisis in the US, the economic stall in China and the debt woes in the EU - have the same root: governments tampering with the economy too much, too short-sighted and in the wrong way.

The EU's second problem that China and the US don't have is the lack of an entitiy that controls local governments (e.g. EU member state's) spending - which would be imperative for a currency area to work, as the Bretton-Woods System (and its subsequent abolition due to the Nixon Shock) already taught us.

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