Bitcoin Forum

We the humans don't fix things really until it's absaloutely nessecary.

So the financial system is broken 2008 they just fixed with easy fix the more money printing.
Now it seems like the funny money printing bond buying system have some problems the jp morgan ceo jamie dimon said ....we had 10 years of time to prepare but nobody really cares and basel 3 have large capital requrements...and for many banks and financial instutions it's too late.

So everybody knows that financial system is not working but it's the human nature that If it's not absaloutely nessecary to deal with nobody don't care.

So until now there been easy fix and fed will do the easy fix until it will crash all big time ....then everybody will care about becouse it will be bigger crisis exacly like year 1930 big crash people started to fix things more seriously because there was no more easy fixing methods the financial system is like broken car it needs proper service but you keep driving until it will be 100% done.
So needless to say we heading towards mother of the financial crash.


About Wars: well nobody really don't care until the war will reach closer to them .... but once war will affect places where nobody ever would't think the war will be happening until then nobody really cares.
So If casualties not so large until that goverments not acting so much about peace but once rockets touch their homes or close to then for sure there will be PEACE TALK immediately.

The climate and envoirement:
Well that's too only few people pushing this forward and try to get out of fosil fuels.
But that's how it is once the situation absaloutely critical only then we will act and move.

Conclusion is this we don't fix really if it's not absaloutely needed but when it's needed too much harm will be allready caused.

We repair or fix something most lazy ways always until it don't work at all and we are forced to change it 100%
If we know that we could easily predict future of all If anything happens we always let it run to extreme level so then we will change something until the crisis not big enough then we will use easy fast lazy fixing methods
One of the few things we do is we try to fix things with price If there is shortage of food then we just price higher the food...but everytime when we use easy fixing method we create another problem so now we have 2 smaller problems at once both growing bigger just because we was too lazy to repair one thing proper ways.

It's like at work when you do something do it proper way i know it's sometimes easy to use fast fixing or skip the not convient steps but later on it could cause more problems.
That's why your boss always at work want you to not skip steps what's needed like safety or repairing something proper way becouse later it will be bigger issue for everybody so that's what our world leaders and political guys and bankers still don't understood but they learning aswell hard way.

Off course the goverments and instutions will start use more AI and robots so computers can calculate things for us and will give orders to officials to start deal with issues early before will be too late.


Btw...the existing on planet earth it's a one long learning process when we need to learn from mistakes to get better and better.

But practical everyday working doing things experince and knowledge should used in higher places on society more often in goverment and banks the basic things like If you don't do something properly....you always need to do it over and over again until you do it correct and If you give quick lazy fix it can work only short time and creating another problems wich will create even more problems.


That's why the WEF talk about great reset because the world is like car wich never fixed properly and now need to spend more money resourcues and do it all the things all over and even then it's not for sure If that car drive anymore the damage is done great so we might just need new car....it means totally new world the "new world order"
so If that's the case that we gona get just the new car then it means all the old will be gone all the banking system goverment system laws rules wealth system all will go away ....the new car means that everything will be reverse instead of centralised goverment we would have 100% decentralised system.
In other words If this system was complete mess then only solution is 100% different the black is white in new system and white is black.
So the financial system cant be on bonds but with based on real asset like gold crypto and other real assets with volatile price... becouse If you create out of nothing something then either way you or someone else will pay for that ...sooner or later because you can't create...and If you create out of nothing something then from where this something will take value from it's unpredicteble because it's like abyss when you use "nothing to create something"
"something from nothing" so i guess all the Banks will take main cryptocurrencies on their balance sheet so they have something real to back up money and when someone borrow money the Banks have to show on balance sheet from where the funds come from either it's they sell cryptocurrency to get funds to lend those funds out or they use crypto to borrow against crypto but way like before the " nothing for something" not working.
In otherwords the financial system goes back to pretty much at least 80-90% gold standard only maybe 5%-10% will be bonds all the others will be assets backed money.
So had to see a lot damage in our lifes to learn hard ways what works and what doesn't.