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Monetary deluge trillions are traded here three hundred thousand employees in the financial sector are trying to turn money into even more money london s only real estate prices are skyrocketing all the major banks have offices here this is where the money of the world s rich is invested. grown man bodice of h. knows the scene well there are neighborhoods where millionaires are being pushed out by billionaires bodice of it is fighting against a sell off of the city of london to speculators together with colleagues plea has researched the anonymous owners of several properties as a former banker he s familiar with cries developments. always abuse house and again depending on the size of difficult to say how deep they are but anywhere between three to five maybe five to seven million on those on ....
The super rich going to business then on only liable to the extent of my holding not with the rest of my wealth that s a blatant injustice compared to middle class families and regular people with home construction laws because this flood of money doesn t just save states and banks it also favors the rich who use this cheap money to buy shares companies and real estate with rapidly rising values while the financial investments of ordinary people lose value the middle the middle classes have savings and insurance policies and these investments are the losers in a low interest rate we re all reset ison suffer because real estate prices are going up. there for reference to the starting with that there were a lot of mutants like. london the world s largest financial center illustrates very clearly the effect that this ....
This but in this particular area five to seven million pops now you think about news housing this is a family place so think about what kind of family can afford to buy a house for three to five even four five to serve seven million pounds. the expensive houses are all speculative objects and empty london belongs to investors who don t live in the city well mine bought us of each discovered that this town house was sold to a ukrainian billionaire for sixty six million pounds. on paper the mansion is owned by a shell company. right now there is an excess of forty thousand properties in london that are owned by ....
Money not with goods but with money alone this was the start of the financial industry of today. credit cards and current accounts accelerated financial transactions. form a public responsibility as well privatized pensions are a case in point the private sector is better at everything than the state so they said need billions came into play. in the one nine hundred eighty s. margaret thatcher deregulated the banks in london bill clinton did the same later on wall street chancellor gerhard schroeder in germany then also bought into the deregulation philosophy money was to earn money and. thereby create growth the global casino was open for business their liberalism half of liberalization was ....
Even more against it in the future london as a financial center would suffer that s most regrettable because this tax would be the necessary surgery for the sick financial system the z.b. and other central banks flooding the world with cheap money isn t a cure it s just pain relief and in the long run it has serious side effects the entire setup is a system that keeps saving itself temporarily but at some point it will inevitably fall apart. until then it exacerbates the enormous injustice that already exists those who have benefit a handful of super rich individuals own as much as the poor half of the world s population combined this flood of money is increasing the gap between rich and poor ....