Voracity Tax and Financial Crisis I.

I will make an aside, since it is necessary. And commentators about the real causes of the financial crisis, according to the real cases that I know and use. Without incurring a violation of professional ethics.


A public opinion has been informed that the cause of the global financial crisis is the product:

1. A deregulated banking system or poorly regulated, especially in the areas of lending and investment, which led to the creation of mortgage vehicles almost speculative to (1) people with poor credit or without a stable source of revenue. All this, coupled with low interest rates of the monetary authority of the United States for several years offered a space for speculation and over-extension of credit.
2. On the global housing bubble is called the economic phenomenon occurred since the early twentieth century until 2008 and that meant that in most industrialized countries recorded an increase in housing prices well above the increase of prices in general. The base of the speculative bubble would have been an excessive development of the credit, helped by low interest rates that were established in the major economies of the world. The origin of this situation, according to some analysts, has been the one hand, the outbreak of the burbuja.com to the late 90s, which would have led to a massive flight of money looking for safe returns, and secondly, the systematic lowering of interest rates following the attacks of Sept. 11, 2001, aimed at avoiding an international economic crisis. At that time there was a flight of investment capital from both institutional and family in the direction of real estate. The attacks of September 11, 2001 were an international climate of instability that forced the major central banks to lower interest rates at unusually low levels, to revive consumption and production through the credit. The combination of both factors led to the emergence of a major housing bubble built on a huge liquidity.
3. The price of oil has reached levels most of what is reasonable. Added to that most oil producing countries are countries of the third world including Russia.

The three points above are part of the truth, but they are not the whole truth, intentionally omitted the reasons that caused the problem. There is even a very reputable analysts and advisers who avoided talk about for reasons not to commit to their customers.


In South America this kind of behavior of institutions, media, analysts and governments is termed a society of accomplices.


Well, I teach my practice in recent years: As we see in (1) in 1, he made the blame: "people with bad credit or without a stable source of income." This is not true. The truth was that real estate speculators who had bought 5 or more buildings on credit. And with the revival of a well paid and were continuing, in the form of financial pyramid. This is called in game theory; PLAY PYRAMID. We already know that you miss the last game in a pyramid. Analysts credit knew this and ignored it, coupled with a proliferation of real estate brokers. I approach without adequate training and supervision.


How serious the matter is that deviates intentionally truth. Allowing that to happen again in future, benefiting a minority guilty and unscrupulous, and at the same time harming innocent majority. This is a perversion high maximum power.


! In a free market economy that works, and where houses are built so the cost of industrialized housing should decrease not increase

The nerve that does not want to touch it, for obvious reasons, although it was partly described in Section 2. Is that after collective crime role in the attack on the twin towers on Sept. 11, 2001, executed by criminals called Islamic evil. The U.S. government has adopted measures to control land and offshore funds as well as people in transit its territory. Practiced mind, appalling investment. At first it did not feel as described in Section 2, but going from 7 years we feel the effect of brutal form. Of course these measures, with the complicity of the countries of EU, which have tax systems confiscates territories. Since these measures it benefited in many ways.

U.S. needs roughly 100,000,000,000.00 million dollars daily income by way of external capital flows. But this amount was reduced to 7 years until he felt its impact in 2008. A Bush administration it was the hand, in the sense that you can not punish a majority by a minority.

The most obvious example I described a very important employer, which I quote:! Imagine you're in a soccer game, and the goalkeeper of one of the teams, so that you do not golf, rose in its goal, a wall of bricks, so you do not make goals. For obviously just the game. In addition to the doorman who does not fulfill its role.

Another factor that influenced, is the progressive loss of banking secrecy. With the excuse of controlling money laundering from drug trafficking, "tax avoidance" or fight against corruption. All this has stimulated in return, the creation of sophisticated methods to safeguard capital. And always invariably returned to the same extent! CAN NOT DAMAGE TO A MAJORITY FOR A MINORITY offenders.

In the next issue will end my comments.