Civilization / Ecology / Economy / Ethics / History / Politics / Science / Time Travel

Trans-Temporal Exploitation

Some of you may be interested in my new blog.

Embassy of the Future

File:Amazonie deforestation.jpg

In the years before 2008, some bankers made tremendous profits. Where did all that money come from?

One could say that it came from the future. The schemes used to make those profits where all, in a way, variations of credits. In a credit, you get a lot of money at one time and have to pay it back later. Of course, the money you get is no profit, but it appears as profit if you can manage to let somebody else pay it back. That is what is called investment banking. It is, in a certain sense, a kind of “time machine” by which money is sucked from the accounts of future people.

The problem was that in 2008, that future turned into the present, as is always the natural tendency of the future. The system crashed and a gap opened up. There is a myth that the collapse…

View original post 706 more words

5 thoughts on “Trans-Temporal Exploitation

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s