In 2006, we published two posts predicting a global financial crisis.
They discredited us with utterly childish arguments, from armchairs occupied by those who always believe they are in possession of the only possible truth: theirs.
The crisis hit hard in 2007-2008, and we analyzed the entire process in a new post, bearing in mind that we were witnessing a radical and different way of conceiving banks and the very functioning of the international economy. Finally, in 2011, we published a fourth post identifying the actors who had played a part in this well-crafted thriller and horror movie.
Yes, crafted.
In our opinion, those turbulent movements are present today, and with even greater force, if possible.
If for a time there was talk of POST-TRUTH, as political communication that proposed a change in society’s relationship with the truth, today the biases have multiplied, especially since the return of DONALD TRUMP and the particular way he treats those in his own party, those in the opposition, immigrants, or anyone who does not dance to his tune, in addition to those foreign countries that are constantly threatened with his TARIFF THREATS, which could even backfire on him.
Today, conflicting responses are blowing all our predictions out of the water, whether we look at Canada (with its FUTURE ENERGY WAR) or the creation of a common European front as a supposed TRADE PROTECTION SYSTEM, or the apparent ALLIANCES BETWEEN RUSSIA, INDIA, AND CHINA, the exodus of major American brands moving to other countries in the face of an UNCERTAIN ECONOMIC OUTLOOK and even an announcement of RECESSION.
This current earthquake of “command and control” in the hands of those who have always held the baton of power is analyzed by LILIAN BOBOA, PhD in Sociology at FITCHBURG STATE UNIVERSITY (MASSACHUSETTS), who goes beyond all these indications.
Our historical posts simply seek to present something we already know:
No matter how much they present turbulent movements in the global economy as something random, there are always reasons behind them.
It is always important to pay attention to indicators that may not receive much attention from the media or official analysts, but they are there nonetheless.
Yes, it happened almost 20 years ago, and besides ourselves, there were other voices that wanted to warn about what they thought was not a crisis but THE GREAT FINANCIAL SCAM under the premise of repositioning financial products and taking it one step further:
I earn more when others lose. What’s more, we have set everything up so that they lose, because I have already made sure that the law is on my side, and I can subjugate everyone: companies, ordinary citizens, and even states themselves.
Nothing happens by chance, especially when it comes to money and power.
Important notices:
- Although some of the terms in these posts may seem confusing, especially when social media has led us to believe that we can learn everything about any subject with four definitions in 10 seconds, it is advisable to be encouraged and patient when reviewing them.
- It is advisable to take something as old-fashioned as a sheet of paper and some colored pencils, to take notes and make a summary that will serve as a guide to follow the path of knowledge, or at least to keep track of the thread, because in the end we are going to discover a fascinating argument.
- Don’t forget that they were written between 2006 and 2013, so you have to go back to that time.
- The wording of the time has been respected, refining some details and including links with references (some contemporary and others from today) to make them more understandable.
When you read this new newsletter, think of it as FALCON CREST or DYNASTY, if you’re over 40, or GAME OF THRONES if you’re younger than that… and let yourself be carried away.
All three series are about families:
There are nobles (or high society) fighting for their territories or power, with constant twists of betrayal, unexpected alliances, secrets, and constant conflicts.
In the crisis we are describing, it is the same, but with control over money.
One last warning:
We believe that another crisis is approaching, at the end of 2025 and in 2026, and it may not just be a matter of repositioning financial products, but something that goes beyond money.
For the sake of everyone, let’s hope that respect prevails over madness.
Publicaciones Singulares
After these posts about that “financial crisis,” and drawing once again on analyses of products and movements of major money brands, how the world is changing, and the political, social, and economic situation, with its corresponding indicators, we must ask ourselves:
Are we safe from a new crisis?
What has happened to the debt of Europe and the US?
Who currently owns it?
It should be remembered that debt is sold, resold, and resold again.
What is China looking for right now, for example?
According to a survey by the PEW RESEARCH CENTER, it surpasses the United States and is considered the world’s largest economic power.
This will be the subject of a new post on our part.
For those who want to delve deeper into that fateful year of 2006, here are some film references:
INSIDE JOB, a documentary about the consequences of the crisis, presenting the workings of banks, lobbyists, astronomical salaries, methods of making money, money, money, and money. Oscar winner in 2011.
THE WOLF OF WALL STREET, the excesses of the stock market in the years leading up to the crisis. A portrait of JORDAN BELFORT and his fraudulent practices.
THE BIG SHOT, showing the gestation of the real estate bubble and the bets of a group of brokers who, sensing what is coming, bet against the crisis, hoping it will happen so they can get rich.
MARGIN CALL, focusing on the 24 hours before the collapse of LEHMAN BROTHERS, or how to be ruthless in pursuing your own interests.
MARX RELOADED, a German documentary that will have you laughing out loud, featuring well-known philosophers discussing whether communism is a solution to the crisis.
THE WIZARD OF LIES, about MADOFF and his pyramid scheme.
WALL STREET 2: MONEY NEVER SLEEPS, showing the excesses of the yuppies of the 80s and how their ambition had consequences.
And while not exactly about the crisis, the Spanish series CREMATORIO reflects the consequences of previous real estate abuses and serves as a warning about what happened later.
And finally, the irony of seeing BERNANKE, along with DOUGLAS DIAMOND and PHILIP DYBVIG, receive the 2022 NOBEL PRIZE IN ECONOMICS for his research on banks and financial crises to prevent collapses and costly cuts, ignoring the fact that Bernanke was one of the protagonists of the 2006 crisis, limiting himself to honoring his theoretical and practical analysis.
Leaving aside any resentment, one could apply GANDHI’s “an eye for an eye and the world will end up blind” to think that this Nobel Prize really serves any purpose.
More and better next week.
