The EU has called on the Government of Cyprus to recover 5.8 billion of extraordinary taxes in order to receive the bailout of 10 billion developed by the technicians of the ECB. The suggestion of troika was to tax deposits exceeding 100,000 euro lying on Cypriots current accounts. In this way, not only would hit the richest, but most of all the deposits belonging to the Russians and of dubious origin. As you know, Cyprus is suspected of being a center of money laundering owned by the Russian mafia, and then, if you want to stay in Europe a minimum of decency must to be practiced . The Cypriot government, not to antagonize completely the rich Russians who have made the country one of the main bases of their deposits, have opted for a tax on all bank accounts, of 6.75% for less than € 100,000 and 9 , 9% for those above this threshold. In short, they did the discount to rich people, but they have very alarmed the people that we have seen a pull out from the pockets of the four coins he has.

Continua a leggere “The European Union at the battle of Cyprus”

The theoretical assumption of the FAZ is based on the fact that resources are always sufficient. The economy of scarcity is the result of a contingent situation originated by political or social reasons. This assumption is based on the demonstration that the wealth consists in the organization of information flows, that create opportunities, and that this organization depends on the creativity and the cultural level … Continua a leggere FAZ, an economic system beyond scarcity

by Domenico De Simone

Lectures on debt based economy criticism. The birth of economy and power. From the gift society to the economic exchange society.

Part One

Continua a leggere “Debt based economy criticism, The birth of Economy”

by Domenico De Simone

I wrote this book about eight years ago, and I explained then what now is occurring. The real matter is money as many economist and politician are now claiming. Here’s an excerpt of the book translated in english.

Continua a leggere “Where is the Economy of the Rich Going: a modern prophecy”

by Domenico De Simone

Lectures on debt based economy criticism. How and why arose the financial crisis that is turning the world and how you can get out. A journey from the hell of debt to the paradise of plenty. From the society of hell to the society of paradise. Introduction to the course of debt economy criticism.

Part One

Continua a leggere “Debt based economy criticism, The hell of debt and the paradise of plenty”

by Domenico De Simone An introduction to my lectures on debt based economy criticism. To discuss these matters in more depth, I made some video conferences you can watch on my blog. An unprecedented financial crisis is turning the world of economy, finance, banks, businesses, governments, but especially our lives, upside down. Do you want to know the truth about this financial crisis? Look me … Continua a leggere Debt based economy criticism, An Introduction