This conclusion on “Overall Risk” was written on June 30, 2012. Of course, I could have remodeled it to incorporate new elements and pass for a soothsayer twenty years later. No, intellectual honesty is my line of conduct. So let you discover the reasons that pushed me to write this conclusion in 2012. Clearly, European Finance is poorly managed and, as we later quantified in online videos, it caused losses of income and financial wealth to the tune of more than 13,000 billion euros between 31/12/2008 and 31/12/2021, only in the Euro Zone. Knowing that the ECB is making rain and shine throughout Europe, this system has considerably impoverished all Europeans in the EU-27 : more than 15,000 billion euros in total. These are pure and simple losses for the populations because everything that High Finance has been able to save is now out of sight, within or outside the European Union, in financial vehicles whose holders we can no longer even identify (closed holdings). What a waste! What a Mafia! Imagine for a second all that we could have done with such sums! read the article on Google drive Views: 16

The Credit and Loan Market may surprise most of our readers as they have never heard of it. A priori, they therefore think that banks are the only intermediaries between lenders and borrowers. This was true before “the new freedoms” but it is no longer true today: Banks like to lend to households for land and real estate acquisitions for two reasons: they benefit from the mortgage guarantee and central banks refinance these loans with their eyes closed. They only like to lend to large companies that are under the control of “their” boards of directors. They lend more and more money to “their” specialized subsidiaries whose purpose is to rid them of all the administration of credits and loans, most of the time in long-term rental (with or without option of redemption) and in consumer loans at rates higher than the rates allowed by the central banks. SMEs in the primary and secondary sectors are therefore “admitted” for financing operations of premises and equipment. On the other hand, banks generally refuse loans to business start-ups and companies in the tertiary sector whose “expenses” concern “expenses” in wages (brain juice) and organization (few machines). Clearly, European bankers are doing less and less “their job” of financing the real economy, and therefore European GDPs are much less favourable than American GDPs. The eurozone even manages to destroy national wealth: it is doomed. read the article on Google drive Views: 6

The Foreign Exchange Market is the Financial Market that almost 20% of adults in the world identify as “the largest” Financial Market behind the Stock Exchange. In reality, this is not at all true: at European level, it is a market that has shrunk due to the disappearance of national currencies when the euro was introduced in 1999. Even on a global scale, this market is very small: it is five times smaller than the Interest Rate Market. First remark: the Eurozone does not publish any statistics on the subject. I am therefore obliged to go through the BIS statistics to show you the importance of the Eurozone in this global market. Second remark: I describe the techniques used in this foreign exchange market to carry out a multitude of operations whose purpose is not to sell or buy currencies. It’s so much more complex   than just foreign exchange transactions. In this complex market, dailyflows reach sums that the ordinary citizen cannot even “measure”: here, we are talking about daily exchanges in trillions of dollars (dollar equivalents). Third remark: the foreign exchange market is an obligatory (and practical) point of passage for High Finance that can circulate our economies at the speed of light. This post explains the foreign exchange techniques used and the hidden objectives of these operations: this is why I chose the title: “Foreign Exchange and Derivatives Markets”. you have to hang on to understand all this but, rest assured, I will come back with other tickets. read the article on Google drive Views: 6

Should access be prohibited of all Financial Markets To High Finance? Eurozone Should access be prohibited of all Financial Markets To High Finance? Eurozone The Other Securities Market is the largest Financial Securities Market , but the Eurozone market was practically much smaller than the US market of what statistics refer to as “outstanding”. To underline the perfidy of these “securities markets”, it is enough to note that only two “beneficiaries” benefited from them, both in the United States and in the Euro Zone: they are the States (Governments) and Finance. First remark: the Financiers and all international bodies do not like states (which they want to enslave and destroy): they therefore talk about governments (which they easily control). Second remark: companies (corporations) were very minority beneficiaries on this market  but their net inflows were five times higher in the United States than in the Eurozone. As I say in virtually all my books and notes, if states (or governments in financial language) are getting weaker and weaker, there is a reason. Indeed, governments have granted more and more aid and free pass to high finance and its affiliates, large companies. These are remotely controlled by banks, insurance groups and private “pension funds” which  occupya privileged place on all boards of directors. The boards of directors appoint the president and the general manager, responsible for finding in these companies all kinds of means to enrich the reference shareholders. Stock market prices must attract small fish that share some leftovers, left by the big shareholders who have been well informed by the directorates-general set up. For the record, a free pass is defined as: “a favor granted illegally”. Yes, our governments are complicit. You know what I mean? A stolen good (even for a very long time) is never “an inalienable private good”. read the article on Google drive Views: 8