The over pricing of the manipulated and false market space of China in commodities, equities, bonds, debts, and real estate, is a thirty year bubble about to burst. The speculators with trillions upon trillions have moved in for the adjustment. As they create the adjustment China and its central controls are trying to stem the tide.
The nation that brought you untold hacks of our IP, and world productivity, stealing all that value, and who participated in earning so much on the crash for the West they and Putin exploited as a digital weapon, has a flaw in it. The opposite side has digital weapons as well. Now everyone is playing with their new toys.
The massive artificial market manipulation by the Chinese machine to buy into its market in the face of Holiday short selling is nothing compared to the MASSIVE SHORT SELLING the rest of this week will bring. Greece and China are linked. Russia is now making money on China’s pain, as they refused to dump their dollars and US debt to crash the USA so Russia is now punishing China. Or as Putin said privately to a comrade – nothing personal we just need the money right now.
So the trade wars, we long predicted with sanctions here and a red line there or a trade barrier here and there have got us moving toward SUPER CRASH and contagion globally and a world depression followed by SUPER CRASH. Everyone knows it.
We have demonstrated some economic modeling for way into a better future but thus far new ideas are not wanted and the old models that do not work are being followed like Gospels for the damned. Millions are being scared and hurt financially for no good reason.
Competition is the source of the pain.
Cooperation is the solution to the pain.
Giving up competitive thinking is the NEW IDEA that needs to foundational change the affairs of nations. Increasingly inhumanity to humanity must be deleted from the field of play. Collective deletion by the sane against the insane.
Today the world IS insane and the sane watch insane decisions choices and leaders competition insanely versus with sanity. Its frustrating for clear thinking.
Distrust and negotiation can not take us where we need to be. Only in cooperation with trust and agreement can we land where we need to be.
China is a weather vain on the level of competition taking place in the world today. Although China has started this rising escalation China is the leader that can end it as well and together we should find a way to protect China from their own Super Crash.
Because sure as sunshine and weather a SUPER CRASH is coming to the world….preventable but so far ….no takers.
Berny Dohrmann – Chairman of the Sanity
PS: China’s enemy’s will earn over a TRILLION DOLLAR profits on China’s pain….whoever loses check out who is gaining …financially follow the money.
LIES AND MORE LIES
Greek Leaders for decades lied to their voters, tell them there was a responsible way to pile on cradle to grave social benefits that no nation can pay for. They borrowed their carry forward. Until the debt saddle became too large to maintain. The nation was bankrupt. Its banks were bankrupt all on life support.
Will they tell their voters the truth:
1. Income is in a death spiral
2. Tourists are no longer coming
3. No one is buying anything or trading with us now
4. Unemployment for our young work force is 54% and rising rapidly.
5. Unemployment in our mature adult population is 27% and rising.
There is no income to pay the social costs.
Greece must be reorganized. Their voters need to hear the truth.
You can’t keep stealing money from other nations and creditors who trusted you once upon a time ….but whose trust is gone. Your policies suggest eternal theft versus responsible pay backs.
The time of reckoning for Greece and frankly the world of nations just like Greece is upon us. We either get this right with SUPER BONDS or we go to war following SUPER CRASH.
I chose Super Bonds…we’ll see….some pretty big players are working on just that. I’m proud to have given them the solution.
Berny Dohrmann Chairman CEO SPACE
Is a financial panic that is beyond markets to moderate. In today’s world with trillions of dollars of manipulating trading positions, controlled via automation, the spark to develop panic, distrust, and market SUPER CRASH is a long while building up – like kindling in a fire pyre – where the least spark sets in motion a chain of heat.
Greece voting to bow out of untold tens of billions upon tens of billions of debt, to never pay those debts back, ripples collapse to the entire Greek financial system and economic system, which via counter party agreements globally, begins to kindle the heat.
The Chinese Market CRASHED last week a full 30% but the Chinese are anticipating a SUPER CRASH this week. To preclude it as a panic last ditch effort, the Chinese are now permitting pension funds, state funds, and all reserves to buy dubious equity positions to shock the market away from SUPER CRASH.
Every index is DOWN.
This week the market will finally MOVE now that the Greeks have rallied behind leaving the EU, resetting up their own currency, and bankrupting their prior debt. The economy spending 170% more than it earns, with an income account CRASHING COMPLETELY in a full on economic death spiral, can not be brought back to life. The promises made to retiree’s are vacated. There will be zero ( versus cut back ) pensions – there will be none. Greece will be frozen out of the EU, including travel and trade. VISA’s will be impossible to get. Millions of Greeks are trying to flea – knowing – they have minutes to depart and that their children in their lifetime will never known job security at home.
World markets will begin to assess the ripple cost of the Greek Melt Down. Other nations with far larger debt balloons including many EU leading nations such as Italy and Spain to name two, are next. Germany and France will see trade move backward into recession now, magnified by the Chinese CRASH. The tipping point for Contagion is seeded in these ripples from Greece. The kindling ( Greece debt defaults ) triggers a firestorm as banks and funds holding bonds, lose their liquidity as panic sets in upon them as their true loss positions become assessed by the market. Which is automated. So those AI assessments are automatic and instant.
Will a SUPER CRASH flow into the market ? We do not believe the market will pass October without a SUPER CRASH. As we come up on September 11th our enemies will be gloating as the world of the West sinks into the SUPER CRASH and firestorm of contagion. Banks world wide could know runs and see bank closures. Ultimately confidence in fiat currency and printed money may evaporate where no one will trade with paper money. Society as we know it becomes transformed when such instances take place. They have occurred over and over but never with global digital connection as we have today.
NO ONE KNOWS how this will play out. On a risk on risk off consideration, betting on further upward mobility globally, with China in a CRASHING MARKET just as serious as 2007 2008 for us and the world – and the EU about to CRASH this coming week as the Greek Nation steals the futures of the world to protect their artificial economy that has no basis in economics – a billion will be effected by Friday. The Tsunami of CONTAGION is building. It will hit the markets ( land ) at a time no one can with precision tell you. The SUPER CRASH that follows places the world in real depression no longer recession and the only way out of world depression over human history has been – total and full out wars.
I’ve been predicting just this repeat of financial history since 911. Yet no law, no thoughtful new process, to prevent the repeat of history has taken place. In fact we learned nothing from the abuse of 2007. The speculation which caused the world crash, has risen out of all imagination due to the lack of a global regulatory re-think.
Without the conditions of contagion the manipulators in the market, smelling blood, will make fortunes crashing the markets from their all time highs. China will discover the leverage they have hyper grown upon, is impossible to control when it turns upon your central market space. The SUPER CRASH in CHINA is upon us and the time of panic is here as well.
The PANIC likely in the EU this week and China this week will begin to act like a human virus of the mind. The Panic will move from mainframes tying to keep up to human thought trying to get ahead of the growing panic. This is the death spiral. Everyone trying to get out before the new floor of say a 6000 dollar DOW, as I’ve predicted.
I had suggested and still suggest – smart money explore selling out of markets and hold into insurance based investment portfolio’s – permanent life – index life – annuities of various forms – diversifying from growth to liquidity to cash flow all under principle guarantee’s that never breach even when the banks are CLOSED in the 1930’s.
There is ( in my opinion ) only one market place free of unbridled speculation – and that is insurance investing. Talk to licensed professionals and explore this option fully – keeping in mind market experts get PAID when you keep money in their markets – and lose when you take money over to insurance markets that do not pay them. Keep the conflict in mind when talking to insurance professionals or market professionals who are licensed and worth full due diligence. Delay may be a cost to great to pay.
CEO SPACE August 2nd is a place to repurpose a tax dollar, develop a huge cooperative trading community, insulating risk for your future, acquire new mentors at the tippy top, and get new customers and clients accelerating your bottom line or your membership is refunded. Price plans for every budget you at this time in history – need a CEO SPACE to protect lifestyle and the second half of your year.
Let us help you be more fully informed, make better decisions, as we bring like minded CEO’s together in the leading business club on earth that Forbes ranks # 1 in the world. Just click www.ceospaceinternational.com and you’ll enjoy videos for every sector….worth insuring your first requirement for future security – the upload to the computer above your neck. INFORMATION IS POWER keep that in mind.
August 2nd Sunday to Sunday and family plans and prices are included to bring youngers to kid camp , teens to teen FEAST, and adults to the Sunday to Sunday adult program – profitable and so exciting.
Berny Dohrmann – Author
NATION OF THIEVES
So. The world communities lends 100’s of billions to Greece business, to Greece institutions and to the Greek Government. The loans are secured and backed by the full trust and credit of the Greek entities involved on clear repayment schedules. Later when the borrower betrays the trust give to them, and can not repay the loan, the creditors extend time. Later when the Greeks can’t still repay the extended loan. More money is lent and the time is extended. In the third bail out, the terms got very strict. Now the Greeks want to suggest:
1. Look we stole your money
2. Look we never intend to repay your money not EVER
3. Look we want you to give us debt relief meaning we never have to repay your loan not EVER
4. We also want new loans to be able to even repay part of your money back from new money you give us.
5. If you won’t give us new money – more than enough to pay you back a part of what you already lent us – we will not even pay that part back. Not ever.
Greece has now not paid a third bail out, term, of trust, under that plan, defaulting ( stealing ) 1.4 billion dollars from just the IMF. The world is watching. What happens when you steal 1.4 billion from the IMF with billions more to follow just around the corner? They are suggesting here is what happens when you steal that money – NOTHING. Nothing at all happens. That is what their politicians are lying to the Greek People about. But of course it is a lie. What is about to happen is a consequence of cheating people. Thats all. Its an adult consequence for cheating.
The world see’s pension fixed income people and we all feel sorry for them. BUT and its a big but, Greek leaders and their voters have been in a thirty year rally to pledge promises that financially are lies. Retire at 62 – 60 – 57 – 55 – etc. The promises can not be paid for. As the budget the Greek Nation and their voters escalated so that the nation spent 170% more than it earned in income, how could the nation continue to operate as it once did? The lies have caught up to the people in the merry go round.
The notion the world owes them a safe living is not true.
The notion Germany can rescue liars and crooks is not true.
The notion anyone can deal with a nation of liars and crooks is naive.
The nation must resolve its fiscal mushroom cloud. No one can save a nation year after year after year after year after decade after decade operating at 170% negative red ink. You don’t give a child who over draws their bank, exceeds their credit limits and never intends to pay anyone back not EVER another new credit card? No one does. No one will. If you issued one new credit card to repay the others. Then the kid went over limit on that bonus card. Then you gave them a second bonus card. They over ran that card expecting the third. You gave them the third card but you said THIS IS THE LAST ONE and they went over limit on that card and asked for a fourth card. You say to that child, NO. Your done. Your grown ups solve this problem yourself.
So what happens?
Greece drops out of the EU. Because the EU will be destroyed by giving Greece the fourth credit card. No one will then trust the EU. Itself.
Further Greece will take a year to get a new currency up and stable. For the first period inflation will run 25% a month. It will be terrible. Unemployment will double from 25% to 50%. Greece will experience a major depression versus a recession. The entire economic network, banks, investment houses and countless businesses will go bankrupt.
Greece will lack revenue to pick up trash, clean up water, deliver power, and manage essentials. There will be no money of any kind. Why? Because of political lies and cheats and children playing in adult world. They have lost confidence of all the world. This confidence will not return to these liars and thieves. Not anytime soon. For the reasons set forth here.
The small cut required of pensions to get through this and other fixed costs that are not sustainable without revenues, will now become a complete cut off of pensions. People will die. Starve. Get ill and die. The cost of the decisions of the few who are so uninformed of how systems work, will now costs millions their security, their futures, and their lives. The standard of living in Greece will become third world.
Greece might resolve its nightmare by becoming a satellite of Russia. That “sell out” of sovereign state into another financial system could work. But the transition will be brutal and Greece will no longer be Greece it will be a Russian State. Russia will have the sea and its major new port. It may pencil for Russia. They will kill the liars and thieves.
Far fetched? You don’t think this is in the works right now? You don’t think Putin seeing the USA is marginalized by global policies of impotence is not fully ERECT to fill in the void? Personally I think its already in the works. When that begins the United Federation of Russia, the Soviet UNION, begins to rebuild in the vacuum left by the WEST.
Can Greece be saved.
Nope. Not with liars and thieves. Can’t be done.
Until Greece considers self responsibility and accepts they bankrupted themselves, no one bankrupted Greece, they did it themselves to themselves for themselves and of themselves. When this happens in Free Market Space their is a depression to redistribute wealth and retool financial systems. This consumes a generation over 25 years.
That is the future for Greece. Greece will be forced to live on a budget. On income. The day of Greece living economically on borrowed funds, on loans, is over. They have trashed their credit and their credit cards have all been recalled. They have no credit. Nothing to lubricate their system.
The population with cash in the banks have all lost ALL THEIR MONEY. Its all gone. There is no money of worth remaining in the bank. No one is going to give the remaining bankrupt EU’s to the population. It is not going to happen. Now the thieves are trying to protect their EU remaining trade accounts to pay for moving to their own currency, which itself will be worthless. No one will trust it when thieves run the nation. Who should ? Who would?
Blame shifting that the EU or Germany and France OWE the thieves new credit and new money, when they have exhausted their promises with thief after crook after thief who just stole their tax payer money and they are out untold billions and ripple costs from the Greek Bankruptcy is obtuse. No one OWES the nation that cheats and fails to adjust spending to income, anything. Not anything. You have to pay your bills. You have to pay them on time. If you don’t you lose your credit card. You lose your privileges. You are not worthy. You are not deserving.
Other tax payers living in proper systems do not owe irresponsible tax payer who live in a system they voted for which was financially INSANE anything. The sane do not need to enter into discussion with the insane. Because the insane is NUTS. No more WHY. No more blame. Who is to blame. The GREEK PEOPLE ARE TO BLAME all of them and until they all take responsibility and boot the leadership out they loose.
There is one hope. THEY ALL VOTE OVERWHELMINGLY to stay in the EU forcing the leadership to return to integrity.
The result of such ignorance is a consequence.
The consequence is Greece is an island of a failed state fully bankrupt. Isolated from the world. Do they understand when cruise ships stop coming in when all trade stops how this spiral makes every hope become an endless dark cloud for this generation. What do you DO if your GREEK? You leave now while your still in the EU. You leave NOW.
Pack up all you can and leave. Leave everything. Go get good jobs anywhere. Those who leave will save themselves and help their nation. Those who stay will perish in state sponsored depression or go under Russia. LEAVE NOW.
Thats my advice if your Greek.
As an investment banker economist I wish I had soft news, better news, but the hope I’ve presented is not being executed by the financial markets – a single new powerful option I call SUPER BONDS and without SUPER BONDS nothing pencils nothing works. Nothing.
So the leadership has failed their people and the people have failed their trust and obligations to debt providers who trusted them. They stole their money. All of their money. The consequence is now you must pay that price of defaulting. It is a terrible price …it always is.
Greece. We will pray of you. Your moral soul as well as your economic future is part of one and the same. Without accepting responsibility for your stealing so much money you are simply not worthy of being in the world community as partners. IT starts and it ENDS right there.
The time to pay the moral piper has arrived this July 4th Weekend.
Chairman CEO SPACE regular writer for THE PERFORMANCE MAGAZINE and others.