SUBSIM Radio Room Forums - View Single Post - Scientifically demonstrated: the nationalistric biases of the ECB bank

Skybird · 11-22-11, 07:07 AM

Some light shed on the real state of the German budget - which is a mediocre status at best, compared to some others. The current joy German bonds cause at the stockmarket, can be over very soon - then causing our debts to increase even faster.

http://www.spiegel.de/international/...799059,00.html

German debts are usually set somewhere in the range between 1.7 and 1.8 billion euros, currently. But these values exclude - intentionally, to make the numbers look better - future costs that cannot be avoided and that come from obligations that will become valid in the future, although in the present not making themselves felt. Pensions for public services, for example. If these and other delayed factors get calculated into the present debt level, you have a number between 5 and 6 trillion.

However, all states seem to exclude these delayed, hidden future balances. If, for a rough estimation, you would (optimistically) use a factor of 2.5 - 3 from the german example above, and use that to calculate for example the American real debt that way, you would end up in the range of 40 trillion Euros/50+ trillion dollars.

The issues themselves are not compliated by their nature. The attempts of politicians to deceive us about the real state of things, the attempts of the corporations and lobbies to avoid public awareness of their doings - these efforts only are complicated.

11-22-11, 07:07 AM	#11
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,632 Downloads: 10 Uploads: 0	Some light shed on the real state of the German budget - which is a mediocre status at best, compared to some others. The current joy German bonds cause at the stockmarket, can be over very soon - then causing our debts to increase even faster. http://www.spiegel.de/international/...799059,00.html German debts are usually set somewhere in the range between 1.7 and 1.8 billion euros, currently. But these values exclude - intentionally, to make the numbers look better - future costs that cannot be avoided and that come from obligations that will become valid in the future, although in the present not making themselves felt. Pensions for public services, for example. If these and other delayed factors get calculated into the present debt level, you have a number between 5 and 6 trillion. However, all states seem to exclude these delayed, hidden future balances. If, for a rough estimation, you would (optimistically) use a factor of 2.5 - 3 from the german example above, and use that to calculate for example the American real debt that way, you would end up in the range of 40 trillion Euros/50+ trillion dollars. The issues themselves are not compliated by their nature. The attempts of politicians to deceive us about the real state of things, the attempts of the corporations and lobbies to avoid public awareness of their doings - these efforts only are complicated. __________________ If you feel nuts, consult an expert.