A big blue diamond !!!!

http://www.bloomberg.com/news/articles/2016-03-31/largest-blue-diamond-ever-goes-to-auction-for-45-million

what an amazing Stone !!!!

Why the Worldwide Economy is blocked .....???

The Worldwide Economy is based on a the paradigm "PRODUCTION / CONSUMPTION , and has created an incredible amount of Debts !!! Our Economy has forgotten the basic pattern : "EXCHANGES and INTERACTIONS".

Production and Consumption give a terrible pressure on the physical and social environments. 

An higher level of productivity has created a lot of unemployment, Creating money and "money like" , out of nothing, the financial industry is building an up coming disaster for the monetary system !!!

Especially in the Western Countries, the Central Banks have no more control on the financial systems and they own massive unbalanced sheets, by  saving the private banks... More of the Western Countries are virtually Bankrupt !!! The war on cash is a way to hide this situation. 

The economy is blocked worldwide , because EXCHANGE and INTERACTIONS have been forgotten..... The financial industry is too big and the fiat currencies on the verge to collapse.... 

Creating money out of nothing, only increases the value of tangible assets !!!! Who can say  that physical gold, Arts, Real Estate, Diamonds can worth a such price or another ?? 

 And it s important to remember that some companies are buying their own stocks, to keep the level high .... The monetary system has no more common sense!!!

 

Why so many currencies are weak in front of Western currencies ???

The Western currencies have dominated the world for centuries ..... At the beginning of the Globalization process, at the end of the Cold War, the western currencies were the basis to build an international monetary system ....

everybody wanted USD, GBP or euros ..... Russian rubles or Vietnamese dongs were less attractive ....

Western countries are bankrupt , but until a new monetary system, they will keep currencies with a high value ...., because their currencies control a complex financial worldwide.

To export products or to attract investments, a low level currency could be nice !!! We see currently an unbalanced monetary system !!!! 

Some countries are buying  physical Gold to anticipate a change, but there is not enough gold on the Earth.

WE THINK A CURRENCY SHOULD NOT NECESSARY BE BACKED, BUT BE GRADED ON ITS ABILITY TO CREATE A POSITIVE ECONOMIC MOMENTUM !!!!

Why I am proud to be a QB coach .....

http://www.sportscarolinamonthly.com/nfl-pulling-plug-european-league-made-harder-find-quality-backup-qb/

It s a really rare position in Sport ......

About the Real Estate Market .....

An interesting article .....

http://www.zerohedge.com/news/2016-03-28/do-you-need-roommate

a stressful secret .....

http://www.zerohedge.com/news/2016-03-26/japans-finance-minister-accidentally-reveals-how-it-all-ends-war

Of course, the current worldwide recession could end in a WAR !!!!

Why money is a commodity (value or debt) ???

Money has been invented in Lydia 2600 years ago and has spread in all the middle east, after the conquest of Lydia by the Persian Empire. …..

In a so massive empire, to make exchanges and offer valuable « money guarantee », for soldiers everywhere, only commodities could work !!! It s the main reason money has been made in precious metal.

The same thing has occurred in the Roman Empire …..

Money became a debt, far later, to control the money supply and the prices of the assets …….

Nowdays, the money supply is inside the Financial Economy, not in the Real Economy which is in deflation and in Recession…..

The Stones Money on the Island of Yap, were focused on one paradigm : The owner of the stone must be recognized by everyone !!!A Stone was a « reserve of compensation », a « guarantee » and, on this way , had a true monetary value

Nowadays, the Central Banks has purchased a lot of bad debts from the private banks and giving them a lot of liquidity. Doing it, the Central Banks are now a threat for their respective currencies …. , because of a unbalanced result. The private banks have used this money to play on the stock exchanges ….. to create benefits for them and wealthy clients.

………….

The Central Banks can no more control the level of inflation and the prices of assets…. The Private Banks can do that by investing in real economy !!!!