What really caused the so-called “Global Crisis”?
“His story reflects the cocaine use that medical experts say is rampant in the City, London’s financial district. It’s a habit that often goes hand in hand with heavy drinking. Addict X says he and his mates wanted to maintain the thrill they felt at work as they poured into the Square Mile’s pubs and clubs after a day of getting high on finance.”
(extract from a special Bloomberg report)
In the world’s largest money laundering country, aka the alpine yodel, state that syphons off trillions from tax evaders the police and judiciary have been plainly told to lay off the Banks and the massive golden eggs they keep on laying and give them a break from the global market manipulation activities by letting them relax on cocaine freely supplied by their Colombian clients.
“Swiss banker Bradley Birkenfeld would do just about anything for the wealthy Americans who entrusted him with millions of dollars they wanted to hide from the Internal Revenue Service.
He’d help them set up phony companies to conceal their deposits. He’d give them credit cards to access their hidden cash. On one occasion, he converted an American client’s money into diamonds, then smuggled the gems across the Atlantic Ocean in a toothpaste tube. Those actions, detailed by Birkenfeld in court documents, were part of a coordinated – and illegal – effort by his employer Swiss banking giant UBS , to help U.S. clients hide their fortunes from the IRS. Birkenfeld was one of about 6000 covert bankers whom UBS sends from offices in Geneva, Zurich and Lugano to the wealthiest enclaves of the U.S. and all over the world lately to China and India to woo clients for whom the bank sponsors an array of events – including art exhibitions, golf tournaments and regattas – at which Birkenfeld and other UBS bankers could rub elbows with the wealthy who might be looking for a hiding place to stash their money away.”
(from an article on Swiss bank UBS in the Los Angeles Times)
This is the global culture of “city” dealers of the world’s banks – often from pretty rough backgrounds, ignorant and arrogant – who earn millions of dollars from manipulating markets with leveraged debt that goes into trillions. Massaging markets upwards has a twofold benefit for city dealers: it increases their annual multi-million dollar/pound/swiss franc bonuses and it expands the global economic growth bubble that inspires the global junkies for more of the same ad infinitum.
Of course, the prestigious charm of UBS has in no way changed – any would-be racketeer can be bought to work for them particularly from fellow banks who employ the same standards. Total global derivative deals probably exceed trillions of dollars.
Nobody knows the exact figure because it’s all about placing bets on bets 50 years ahead.
Derivatives enable high end traders to buy up long and sell short entire crops of rice, wheat, sugar, soya, and so forth ten or twenty years ahead without knowing whether these crops will still exist in the worsening climate change reality. It’s making profits based on bets that will be paid by tommorow’s victims who have been born today. It makes roulette or chemin de fer in a Casino seem like child’s play with petty cash. It can be said that the world’s financial crisis that debt-financed the world’s environmental crisis that causes destruction of nature, extinction of biodiversity, and endless wars over resources will leave the planet with nothing but cockroaches, rats, and humans in overcrowded bunker cities. All this caused by ‘cocaine addicts’ who play the markets to finance their addiction.
In the entire history of the planet nobody has produced a shred of evidence why there should be a global market for stocks, commodities, precious metals and pollution that serves only a small band of racketeers to make billions in profit based on fictitious expectations or blatant planet destruction growth while effectively holding the rest of society and the global life support system to ransom for nothing other than personal gain and underlying economic growth.
The Vatican and its associated “Economics” Institutes call it “wealth creation” and “human capital”. Religious countries are easily identified by the lack of forests and trees particularly in urban areas or by the annual mutilation of the few trees left over; a specialty of France, Italy, Spain, Morocco, and the rest that mirrors the anti-nature attitude humans hold.
Religious countries are also at the forefront of global corruption, racketeering, market manipulation, and planet destruction because it’s all “predestined” by their so-called “God”. The rempant urban development witnessed in recent decades along the Costa del Sol has close ties with the Italian mafia. The police are too inexperienced and weak to deal with these organised criminal gangs, which operate with the full complicity of some politicians on the southern coast of Spain.
That is the damning conclusion of an investigation carried out by one of Italy’s leading daily newspapers, La Republica. Quoting police chiefs in Napoli, the article calls the Costa de Sol the “Garden of Eden” for mafiosi on the run from Italian authorities. Senior officers believe that entire families have relocated to Spain and use parts of Catalunya and the Balearic Islands as bases.
When former Mayor “Jesus” Gil was sent to prison for corruption, the Bishop of Malaga personally made a pilgrimage to jail to demand the release of Gil and miraculously…it was granted. These racketeers are of course not only operating from their bases in Spain but are the root cause of the worldwide construction boom that is covering the natural environment with concrete, tarmac, and ever more bunkers surrounded by golf courses usually sponsored by the notorious Swiss bank UBS that provides funds to make it all look legitimate.
If religion is about morality and ethics, then why does it drive the immorality of the ideaology of planet destruction yet imposes hypocritical restrictions of sexuality and denies the right to free contraception-based libido? Apart from an invented fellow they call “God”, the cunning individuals have set up the so-called United Nations under a Charter that would make even comedians look stupid. This organisation has expanded into the world’s most expensive racket that feeds thousands of overlapping, mutually back-scratching, planet destructive GOs and NGOs employing millions of parasites that all regurgitate the same slogans as soon as some marijuana geek has invented a new one.
When they’re not jetting from resort to resort, sitting in VIP lounges or standing around, they are busy dreaming up new environmental schemes that involve hundreds of billions of dollars that they pretend benefit the global economy because these dollars must first be made from the destruction of the natural environment.
If all the money that has been wasted on the U.N in the last 50 years had been spent on condoms there would be a manageable Earth for all. Manila Archbishop Guadencio Rosales said having homosexuals dress up as female saints during processions is horrendous and defeats the real purpose of the processions, i.e. to promote multiplication of ever more planet destructive shopping zombies – a staggering piece of hypocrisy from a member of the world’s largest transvestite freaks community that prescribes repressive sexual standards for all except for their own pedophiles.
The world’s most planet destructive per capita trading syndicate better known as European Union is a copycat organisation of the United Nations. The EU like the UN is an ever larger growing army of bureaucrats that employ thousands of sub-contracted consultants, lawyers, accountants to endlessly rewrite rules, regulations, laws and edicts that apparently make life easier for the citizens of the countries involved:
The reality is that EU like the UN has and continues to foster nationalism, racism, regionalism, sexism, xenophobia and anti-immigration fervour that ultimately will lead to war going by the current violence and animosity displayed towards foreigners in just about every EU country.