💥Boost your superiority!
December 1st, 2023.
The reasons of the modern financial collapse still be undiscovered. Instead, the huge sovereign debts they attempted to regulate through the war artificially rallying the stock market indices, in particular - the industrial manufacturing index and the S&P500, which are heavily affected by the defense sector. Godden (2013) noted, that "The financially driven growth of the US economy over the last four decades has been deficit funded." The true causes of the financial crises of the 20th century, are the clue to understand the motives of the war aggressions of the last decades, currency policies, role of banking, the actual structure of the world financial system, and many other interdisciplinary things, which affect the wealth of nations globally. Sometimes, they are mistakenly addressed just to economics. We start to tell this much more complex story from the very beginning, the basics of economic theory.
For many people, including those who call themselves professional investors, there is a perception, that stock which they bought for cash, worth something. It is the fundamental mistake which lies on the ground floor of all public securities markets. However, the stock is the fictitious capital, which does not possess it's own value. The most relevant analogue easily explaining the nature of the public securities market, are the casino chips. They have their blanket price, and can go between casino tables with different games, but outside the casino, they are just a useless piece of plastic. The casino makes their emissions, and can take them back anytime. In the best case scenario, you will get their nominal value back. But if this would so, the business of casino had been closed centuries ago. Instead, gambling continues flourishing in any form, exercising different operational models. The same about public securities and public stock market. The case of Enron came into the history as a bright example of selling the fictitious bubbles of future cash flows. Ball (2007) characterized the Enron managers as "having a fetishistic faith in the proliferative potential of financial values, which were fictitious but not the deepening chasm between increasing debts and virtual profits that forced the company to declare bankruptcy in December 2001. Analysts are considering reverting to what Jean Baudrillard might see as a "classical" economy of value, which emphasizes actual cash flows over expected earnings as the basis of corporate financial representation." But, before returning back to something, it is necessary to understand - at which point we return, and why, because the "classic theories" prove their disability for decades.
"Investing in the public securities market" means changing your liquid, easily accessible cash for fictitious pieces of cut paper, with the empty nominal value, that can achieve very different meanings at different moment, including negative. Instead of getting your cash back by selling your "casino chips" issued by the gambling house called "the public securities market," you may not only to get your cash back, but even add more just to stay alive and free from the prosecution. Once upon a time, Theranos, you know this story. We remind you again - the kamikaze gambling is named somehow like "investing on the public markets," and many people play this, sincerely believing that they will earn something in this game. The question is arisen: who needs to buy at alive cash the pieces of the cut paper with a high probability not to get returns, but to incur the high financial losses, even much more than purchase price? How this strange economical misconception was so easily sold to so many countries, organizations, households?
Follow hashtag #boostyoursuperiority to discover the whole story in our blog and the same-named podcast, which is coming soon.
Written by Meggi Göring. All rights reserved. 2023. Copyright by the BOOST.
🎥BOOST. Global alternative investments firm. AUM $32.795T (31.12.2022, US GAAP). Founded in Russia, in 2014. CEO, owner, founder is Meggi Göring, great-granddaughter of Hermann Göring (née Anna Tolstaya, by passport Anna Maria Serafima Raevskaya-Repnina).
🎞Follow us on social media:
#boost #boostcmg #crueltyfreeinvestments #assetsmanagement #alternativeinvestments #fundgp #uhnwi #boostventurefund #boostbusinesstuningatelier #boostvf #boostbta #whoframedblackrabbit #nürembergring #hatefuleight #hasheight #heritage #roadup #businessartifacts #pimpmybusiness #boostsharedservices #boostglobalprocurement #boosttransactionsservices #meggigoering #meggigöring #raevskayarepnina #ceoboost #moscow #russia #boostvsvamguard #the3rdreich #nürembergtrials #nazigermany #the3rdreich #holocaust #goldotthe3rdreich #impactinvesting #impactinvestments
Credits:
1. Ball, K. (2007). Death-Driven Futures, or You Can’t Spell Deconstruction without Enron. Cultural Critique, 65, 6–42. http://www.jstor.org/stable/4539795
2. Godden, R. (2013). Bret Easton Ellis, “Lunar Park”, and the Exquisite Corpse of Deficit Finance. American Literary History, 25(3), 588–606. http://www.jstor.org/stable/43817588