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  • How to Break the Boom and Bust Cycle [View article]
    The world we live in is filtered mostly by others. Most of reality is perception. However, Reality will be reality whether believed in or not.

    Banking Collapse 1340s – the more things change the more they stay the same. – Long but interesting

    www.schillerinstitute....

    "Between 1250 and 1350, Venetian financiers built up a worldwide financial speculation in currencies and gold and silver bullion, similar to the huge speculative cancer of “derivatives contracts” today. This ultimately dwarfed and controlled the speculation in debt, commodities, and trade of the Bardi, Peruzzi, et al. It took all control of coinage and currency from the monarchs of the time.

    The banks of Venice were deceptively smaller and less conspicuous than the Florentine banks, but in fact had much greater resources for speculation at their disposal. The Venetian financial oligarchy as a whole, which ruled a maritime empire through small executive committees under the guise of a republic, centralized and supported its own speculative activities as a whole."
    Oct 21 18:27 pm |Rating: 0 0
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