"#GREECE Will Be Worse Than 2008 Meltdown" - Dr. Peter G Kinesa

Why Greece May Be the New Lehman

Here we go again. This time it’s Europe’s fault, and the crisis could be worse than last time, at least politically.

Remember when in 2008 Hank Paulson’s U.S. Treasury Department decided to let Lehman Brothers go down, pour encourager les autres, and then found that it brought les autres crashing down too? Well, Germany and the other euro-zone members are now trying to repeat that brilliant trick with Greece. If you were looking for where the next big financial meltdown might begin, you need look no further. 

Chances are, it is about to happen in Europe.

If it does, the political consequences could be even worse than last time. Strangely enough, the political risks are easier to evaluate than the economic ones. The risk of a Greek default or exit from the euro begin in Greece: If the left-wing party that runs the new government, Syriza, is discredited, following the discrediting of the old establishment parties, this risks strengthening the fascist alternative, Golden Dawn. Read More.

Greek Dominoes Could Bring Down EuroZone

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Greenpeace 2013

While It Still Has A Pulse...

http://firstfinancialinsights.blogspot.ca/2013/12/humanity-needs-doctor-40-billion-plus.html

First Financial Insights
12 December 2013 

US Population Distribution by Age (1900 -2060) - Calculated Risk

U.S. Population Distribution by Age (1900 -2060) - Calculated Risk

Looking at this moving graph gives you that sinking dizzy feeling after a while, but nonetheless it is interesting from a general point of view. The baby boom and subsequent bust are obvious as well as the general flattening of the distribution over time as medical health care improves. By 2060, the vast majority are over 21 years old - that should shape into different consumption patterns.

Moreover, more breakdowns would be useful such as income, education, origin, gender, geography, and occupation, amoung other attributes. Calculated Risk provides its own observations.

But lets not forget the most important factors are the growing population numbers and diminishing resources (wealth dilution), that makes immigration of any sort economically illogical. What corporate entity gives away its shares for free and dilutes its current stakeholders' wealth? None! Down the road, as this issue becomes more apparent, then the levying of hefty "Immigration  Taxes" of say a $100,000 per applicant or higher, starts to.make a whole lot of sense as a way earn revenues to balance fiscal budgets, sustain taxes and keep the dilution of real national wealth in check

This form of tax recognises that the ideals of three hundred years ago no longer apply in a shrinking world, where key resources grow scarcer by the moment. To do otherwise, exposes nations to the greater possibilties of social unrest and political upheaval as austerities unfold  - when the planet's capacity to deliver the essentials of living is curtailed.

INVESTORS' INSIGHTS

First Financial Insights

August 8, 2013

Growing sentiment for taxation fairness