Is there really an (general) economic crisis?
Rolls-Royce Posts Record Sales In First Half Of 2011
Swiss watch industry sees record sales for 2011
I have always thought that in general terms, but especially in the so-called economic crisis, money worked on the basis of the communicating vessels of Blaise Pascal, or paraphrasing a famous phycisist, "money can neither be created nor be destroyed: it can be transformed from one form to another or transferred from one POCKET to another" (change only money ca be created by the bank from nothing, except for your commitment to pay it back in [the form of a] 20 years [slavery]). I mean, your loose is their gain, just that. No less purchasing power in this world, it is only you can buy less 2nd hand crap while others will buy more RR. More harshly, your grandpa will have to sell his golden teeth at a ridiculous price since his pension fund collapsed and the guy fleed to Grand Cayman and so that others buy their Patek Philippe Grande Complication watch. What I mean is that "there is only a crisis for the many negatively affected", but not at all of those who are making the huge profit (exactly equivalent to those other's looses).
My girlfriend's best friend was fired today, because the (very stupid missmanaged) economic crisis we Spaniards are suffering. This looks like the film the "Highlander": "only one can survive", the richest among the rich (aka the big banks and the like). Then I was reading the news about the great success of the luxury industry in this times of recession. And I was considering...
Am I the only one thinking that this sort of economic crisis are just planned, guided, designed well in advance in order to destroy all the middle class and the small and medium enteprises?
Just a thought, I am not going to stop working tomorrow, I won't cancel my bank account or credit card, or will stop refuelling in the gas station, nothing will be changed, but it seems to me that this predatory system is already going too far and things may change abruptly as it has always happened all along the human history...
Last edited by estebangc; 24 Oct 2011 at 20:55.
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