Another Global Financial Crisis.. the background, Greek crisis lays upon...

Are We Headed for Another Global Financial Crisis? Consequently, the bailouts effectively.. | Enterprising Investor http://t.co/aEc0kMw30T

— s54elas (@s54elas) July 12, 2015

Are We Headed for Another Global Financial Crisis?

"Consequently, the bailouts effectively transferred much of the bad debts to the balance sheets of governments worldwide."

The background .. banks continue to issue loans beyond their means ..the complex environment ..that creates ..crisis .. is inevitable ..


.. they cannot do otherwise .. its their lifeline .. create crisis along the way ..they rely upon the states to bail them out ..

A lifeline that suffocates ..all other lifelines along the way .. and that’s the background the Greek crisis remains afloat ..

| Enterprising Investor http://blogs.cfainstitute.org/investor/2015/06/11/are-we-headed-for-another-global-financial-crisis/

The private debt in many countries that remains ..under wraps ..is not revealed ..obscured ..


... there will be the time when all this private debt to be collected and the banks will find out that is ..noncollectable ..and the inevitable crisis would unfold .. the ..”save our banks” ..cry ..would sound


.. again ..demanding ..bailouts .. for the burden to be brought upon the states .. another cycle of crisis .. will begin .. it is not hard to see ..why the article foresees more crisis on the way ..

And against such a background the obstinacy of Germany to austerity ought to be placed ..how futile their adherence to ..THE RULES  ..is ..

.. rules rendered useless under the forces banks unleash upon the world .. market forces ..that they ..so ..fear .. 

| Enterprising Investor http://blogs.cfainstitute.org/investor/2015/06/11/are-we-headed-for-another-global-financial-crisis/

Inevitable crisis ..coming .. but this time around ..it would be extremely hard to justify the ..  “save our banks” ..plea ..no one would buy it ..


.. the futile attempts to create impenetrable walls for the banks to be protected within ..will collapse without even a ..nosebleed ..


... the overwhelming current flows underground .. the problem exists at the very foundations .. and the foundations cannot be fortified .. the banking system should be reformed in radical ways ..once and for all ..

Greek crisis ..is only a symptom of the widespread malcondition that banks impose and have unleashed worldwide ..

..and they are wasting their time ..and our time .. a ..humongous waste of time and resources ..if ..it does not make it obvious to the ..high and mighty ..who decide and demand .. the fate of the lives of the people in Europe ..


... if they don’t realise ..that they should throw their much-revered RULES .. into the garbage bins ..

...and start afresh making new rules ..

 ..to hit the problem at its roots ..its foundations ..



| Enterprising Investor http://blogs.cfainstitute.org/investor/2015/06/11/are-we-headed-for-another-global-financial-crisis/