by Wim Grommen Every production phase or society or other human invention goes through a so-called transformation process. Transitions are social transformation processes that cover at least one generation. In this article I will use one such transition to demonstrate the position of our present civilization and and that a new stock market crash is inevitable. When we … [Read more...]
The Greatest of All Ponzi Schemes
A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation. The Ponzi scheme usually entices new investors by offering higher returns than other investments, in the form of short-term returns that … [Read more...]
Without knowledge of the past there is no future
Without knowledge of the past there is no future by Wim Grommen This article “Without knowledge of the past there is no future.” was published in dutch in Civis Mundi, magazine for political philosophy and culture, director / editor of Civis Mundi: Prof. Dr. Wim Couwenberg. Civis Mundi aims to promote a scientifically- responsible reflection on the foundations, ground … [Read more...]
1929 Market Crash Mystery Unraveled
Note: This is a "follow-up" to the article What the Future may hold? Part 1 In the twenties of the last century the world, and especially the United States, experienced an economical high. As a result of this, share and stock prices rose to unprecedented heights, beyond reasonable values. The underlying economy had decreased in strength without this being reflected on the … [Read more...]