Wow im pretty surpised that the Germans are so pro capitalism. They dont even have free Capitalism its called social Capitalism. Everyone who dont get a job and has no money gets 300 Euro plus a flat plus medical treatments. And they support big companies if they get in trouble.
I think most of the European Countrys maybe say that they have free Capitalism but they dont have. This system has his own problems the people which are lazy just dont work because there is no neccesity for it. If you have a Family, you get more money and 150-200 Euro monthly per kid. So there are cases where you get even more or the same money if you dont work. Thats really a problem. But surprisingly most of the people want to work even if they just earn 50 Euro monthly more.
But the taxes are redicolously high. Everyone has health Insurance so everybody gets the same treatment and infact a bum would get a kidney transplant. You have to pay 25-52% monthly Taxes/Insurances. Above 50k a year single its somewhere around 50%. Its pretty insane. My Father earns about 160K a year in Cyprus. He pays now 10% taxes. In Germany it would be 52% If you earn more then 500k married or 250k single you even have to pay a Tax for "rich". Thats additional 25000 or something like that.
I think the Capitalism itself is at the moment the best System and cant be replaced by some other System. But I think there should be a social part in it not too big to motivate the people but not to small that you dont get medical treatment or food if you dont have money. It has to be balanced carefully. And the banks have to get some limitations. What they partially do is just rip of people. And the people dont even get it. I think that some limitations should be made. For example the Rating Agencys are too powerful everybody relies on them. They should be controlled a little. And the crisis right now and even most of the crisis in the past is due to low regulations/limitations. And not because of regulations thats false. If you look on the map and see the Countrys with low Limitations lost more money then the Countrys which had a better law for that. Banks have too much power even now. And even if they go bankrupt then they dont go bankrupt because the people HAVE TO pay for them. I mean the US Citizens had payed 1 Trillion dollar for the banks. That means you have payed most of your taxes the past 2 years for the bank mistakes. Because noone monitored them. And because they promised things to people other banks or to customers which they knew that it wouldnt work. And speculated and because they dont speculate with their own money. They speculate with the customers money. In Germany a Bank has to invest 20% of their own money if they make Speculations thats way to low and in the US it was even much lower.
90% of the money on this planet didnt even exist. Its just numbers on a computer this money and it even dont reflect the true value of goods on this planet. Its just numbers which can dissappear and if they dissappear WE have to pay REAL money for it. The money didnt vanished it was never here. I dont get why some people even think that this is good. Its bad and its not moral. You dont profit from that some employees profit from that but not even the most. The products are so extremly complex that even the bank members dont now exactly how they work. Its like in South park Margaritha Ville. They have to be watched atleast. And they should have some rules not neccessarily more rules but better rules. They were inventing money but the money never flows into a company or in the population or not even in to the pockets of some its just their and they push it back and forth and make hundreds of different bets on the money. Its so complicated that nobody on this planet knows how it works because there is no information about it. the information lies in hundreds of banks and every bank knows just a tiny piece of it.
Maybe some people dont like the word regulation I think we should change the way how a bank works. Because unless its regulated it can happen again. I wish I could express myself better I just dont find the right words to describe it.
Is there a State Institute in the US which controls the banks ? Not regulate them but just watch in their numbers. That would be a good tool i think but that have to be world wide due to globalization. Its not bad for the banks because they just monitor the activitys and nothing else. If every country would have such an Institute and there would be a global Commision which can use the data of the Countrys they can act years before the bubble bursts







