Wednesday, November 5, 2008

The real reason of Global Financial Crisis

Dmitry Medvedev and I thought together and I decided that in the heart of the present financial crisis that originated in the US is emission of dollars and credit expansion. The mortgagers in the USA grabbed sub primes. Investment funds bought shares of companies on credit, taken on bail the same companies. Even the U.S. government arranged the war in their pleasure by taking public debt incredible size. The same happened in Russia: oligarchs bought up the companies, investment banks bought up stocks on credit and citizens bought houses and cars on credit. The reason for all scourges is the low interest credit. Everything started to shrink when the low interest credit disappeared.

Why was the low interest credit? Who is to blame? Mr. Greenspan should be blamed because He reduced the refinancing rate from 2000 to 2003 to almost zero. But why did he do that? He struggled with recession, which was caused by the collapse of Enron and similar companies
, who swindled all the 90s with the financial reporting.

Why did these companies swindle? They wanted to grow as fast as Internet based companies that did not bring any profit and sales. And when the Internet based companies had bellied up …

What was the prime reason behind that "unlimited" growth of the Internet based companies? The reason behind was stagnation which led to the prime rate reduction, which in turn entailed infusion of much money into venture funds. Next, when the rates went up, the Internet companies bellied up, the same happened to the companies like Enron and others. Ultimately, the events of 9/11 accelerated the collapse.

So the interest rate was so low in the early nineties as it was the way to struggle with recession. The reasons of recession in 90s were collapsed stock market and companies invested by junk bonds. Junk bonds were created by Michael Milken. Money for junk bonds was lent by savings and loan associations, which were not controlled. And as result stock market was booming.

Who created junk bond and savings and loan associations? Definitely not Milken. He only took advantage of the situation. But Ronald Reagan deregulated economy and Paul Volcker had increased the prime rate at the beginning and decreased it later, as result they got huge cash flow.

Why did they do that? They were struggling with stagflation. The reason of stagflation was Arabian oil embargo. Arabs have imposed the embargo in the USA as the way to struggle with Israel.

Should we blame Israel? No, because England promised to Jewish in 1916 to create Israel in Palestine. But Jewish lived in Palestine for 2 thousand of years and Arabs lived in Palestine for 1.5 thousand of years. So there would have been no problems if Jewish had been there all time.

Who deported Jewish from Israel? Roman Emperor Hadrian deport Jewish in 132 AD. Why did he deport them? Hadrian fell in love with a boy, Antinous. In October 130, while Hadrian and his entourage were sailing on the Nile, Antinous drowned, for unknown reasons, though accident, suicide, murder or religious sacrifice have all been postulated. The emperor was grief stricken. He ordered Antinous deified, and cities were named after the boy, medals struck with his effigy, and statues erected to him in all parts of the empire. Temples were built for his worship in Jerusalem, festivals celebrated in his honor. But Jewish were abused by this action, so they rebelled against Hadrian and as result were deported from Israel.

So the real reason of the Global Financial Crisis is… Antinous! The world is collapsing because of one GAY!!!

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