Michael Hudson -
"Killing the Host" - How Financial Parasites and Debt Destroy the Global Economy"
For Americans who still believe in
Donald Trump, one of the profiteers of the deathly 2nd Economy according to
Hudson, I add to my German critics the following:
On Page 548 in the Book "Der
Sektor", your dear Michael Hudson makes 10 Proposals, how to overcome the
present situation of Death in World economy, especially with regard to global
finances.
Here my comments:
1. There is no chance to prevent the
complete breakdown of the global system of finances, the collapse of finance
industry and the breakdown of nations and currencies, since the proposals of
Hudson come too late by 30 years.
2. The amount of debts and crazy shit
at stock exchanges, derivatives, worthless State bonds, bubble in real estate,
China before crash, idiotic shit like ABS, CDO and CDS are so gigantic, that
the proposals of Hudson would immediately create a disaster, 1000 times greater
than Lehman Brothers did.
3. Even if all would be implemented
immediately (by Trump!!), the complete collapse of USA, China, Japan and other
bankrupt nations could not be avoided. In my article "Highest Accounting
Rules by Delavy" I proved, that change of behaviour would not work, change
of systems show how corrupt all is, virtually dead nations, currencies and
conglomerates would break in pieces on the spot.
4. The sector of FRI, to say Finances,
Real Estate, Insurance, but added Raw Material Market and Derivatives and other
being the "2nd Economy" of worthless profits generated in favour of
the ONE "Rich Class" Percent, killed a long time ago the real "1st
Economy" of the workers, the employees and of the 99 Percent of idiots.
Whatever does Hillary as President of
Shit-USA, sorry, Trump of Jewish Crash USA, will prove to have been without any
value and sense.
USA are dead - and there is no
solution left.
René Delavy - Berlin and Bournemouth
