Subtitle "Afrikaans" was produced by machine.Subtitle "አማርኛ" was produced by machine.Subtitle "العربية " was produced by machine.Subtitle "Ārāmāyâ" was produced by machine.Subtitle "azərbaycan dili " was produced by machine.Subtitle "беларуская мова " was produced by machine.Подзаглавието "България" е създадено от машина.Subtitle "বাংলা " was produced by machine.Subtitle "བོད་ཡིག" was produced by machine.Subtitle "босански" was produced by machine.Subtitle "català" was produced by machine.Subtitle "Cebuano" was produced by machine.Subtitle "ગુજરાતી" was produced by machine.Subtitle "corsu" was produced by machine.Podtitul "Čeština" byl vytvořen automaticky.Subtitle "Cymraeg" was produced by machine.Subtitle "Dansk" was produced by machine.Untertitel "Deutsch" wurde maschinell erzeugt.Subtitle "Untertitel" was produced by machine.Subtitle "Ελληνικά" was produced by machine.Subtitle "English" was produced by machine.Subtitle "Esperanto" was produced by machine.El subtítulo "Español" se generó automáticamente.Subtitle "Eesti" was produced by machine.Subtitle "euskara" was produced by machine.Subtitle "فارسی" was produced by machine.Subtitle "Suomi" was produced by machine.Le sous-titre "Français" a été généré automatiquement.Subtitle "Frysk" was produced by machine.Subtitle "Gaeilge" was produced by machine.Subtitle "Gàidhlig" was produced by machine.Subtitle "Galego" was produced by machine.Subtitle "Schwizerdütsch" was produced by machine.Subtitle "هَوُسَ" was produced by machine.Subtitle "Ōlelo Hawaiʻi" was produced by machine.Subtitle "עברית" was produced by machine.Subtitle "हिन्दी" was produced by machine.Subtitle "Mẹo" was produced by machine.Subtitle "Hrvatski" was produced by machine.Subtitle "Kreyòl ayisyen " was produced by machine.Subtitle "Magyar" was produced by machine.Subtitle "Հայերեն" was produced by machine.Subtitle "Bahasa Indonesia " was produced by machine.Subtitle "Asụsụ Igbo " was produced by machine.Textun"Íslenska" var framkvæmt vélrænt.Sottotitoli "Italiano" sono stati generati automaticamente.Subtitle "日本語" was produced by machine.Subtitle "Basa Jawa" was produced by machine.Subtitle "ქართული" was produced by machine.Subtitle "қазақ тілі " was produced by machine.Subtitle "ភាសាខ្មែរ" was produced by machine.Subtitle "ಕನ್ನಡ" was produced by machine.Subtitle "한국어" was produced by machine.Subtitle "कोंकणी語" was produced by machine.Subtitle "کوردی" was produced by machine.Subtitle "Кыргызча" was produced by machine.Subtitle " lingua latina" was produced by machine.Subtitle "Lëtzebuergesch" was produced by machine.Subtitle "Lingala" was produced by machine.Subtitle "ພາສາ" was produced by machine.Subtitle "Lietuvių" was produced by machine.Subtitle "Latviešu" was produced by machine.Subtitle "fiteny malagasy" was produced by machine.Subtitle "te reo Māori" was produced by machine.Subtitle "македонски јазик" was produced by machine.Subtitle "malayāḷaṁ" was produced by machine.Subtitle "မြန်မာစာ " was produced by machine.Subtitle "Монгол хэл" was produced by machine.Subtitle "मराठी" was produced by machine.Subtitle "Bahasa Malaysia" was produced by machine.Subtitle "Malti" was produced by machine.Subtitle "ဗမာစာ " was produced by machine.Subtitle "नेपाली" was produced by machine.Subtitle "Nederlands" was produced by machine.Subtitle "Norsk" was produced by machine.Subtitle "chiCheŵa" was produced by machine.Subtitle "ਪੰਜਾਬੀ" was produced by machine.Subtitle "Polska" was produced by machine.Subtitle "پښتو" was produced by machine.Subtitle "Português" was produced by machine.Subtitle "Română" was produced by machine.Subtitle "Язык жестов (Русский)" was produced by machine.Субтитры "Pусский" были созданы машиной.Subtitle "Kinyarwanda" was produced by machine.Subtitle "सिन्धी" was produced by machine.Subtitle "Deutschschweizer Gebärdensprache" was produced by machine.Subtitle "සිංහල" was produced by machine.Subtitle "Slovensky" was produced by machine.Subtitle "Slovenski" was produced by machine.Subtitle "gagana fa'a Samoa" was produced by machine.Subtitle "chiShona" was produced by machine.Subtitle "Soomaaliga" was produced by machine.Subtitle "Shqip" was produced by machine.Subtitle "србски" was produced by machine.Subtitle "Sesotho" was produced by machine.Subtitle "Basa Sunda" was produced by machine.Undertext "Svenska" är maskinell skapad.Subtitle "Kiswahili" was produced by machine.Subtitle "தமிழ்" was produced by machine.Subtitle "తెలుగు" was produced by machine.Subtitle "Тоҷикй" was produced by machine.Subtitle "ภาษาไทย" was produced by machine.Subtitle "ትግርኛ" was produced by machine.Subtitle "Tagalog" was produced by machine.Subtitle "Türkçe" was produced by machine.Subtitle "татар теле" was produced by machine.Subtitle "Українська " was produced by machine.Subtitle "اردو" was produced by machine.Subtitle "Oʻzbek" was produced by machine.Subtitle "Tiếng Việt" was produced by machine.Subtitle "Serbšćina" was produced by machine.Subtitle "isiXhosa" was produced by machine.Subtitle "ייִדיש" was produced by machine.Subtitle "Yorùbá" was produced by machine.Subtitle "中文" was produced by machine.Subtitle "isiZulu" was produced by machine.

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#Finances-en #ErnstWolff-en #Economy-en

06.06.2019

World of Finance at the Turning Point By Ernst Wolff

For the German stock index DAX, the year 2018 was the year with the biggest losses since the financial crisis of 2008. December 2018 will go down in history as the worst December performance, since stock exchanges have existed. In this program, see how Ernst Wolff assesses the current financial situation, and why in his view “the game” might soon be over … [continue reading]

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06.06.2019 | www.kla.tv/14387

The world of finance is at the turning point: an assessment by Ernst Wolff For the German stock index DAX, the year 2018 was the year with the biggest losses since the financial crisis of 2008. Since October 2018 a collapse of stock prices has been observable all over the world. December 2018 represented the peak of the losses, and it will go down in history as the worst December in the history of stock exchanges. In view of this development the questions arise: What's up with the stock markets? And, is the world economy falling off track? In the view of the financial expert Ernst Wolff, the end of the year 2018 denoted a turning point within the financial world. So far, the global financial system has been kept artificially alive for almost ten years by the central banks – which created billions of currency notes out of nothing, and lent them out at the lowest interest rates. These low interest rates enticed more and more investors, with borrowed money, to enter the stock markets. Thus stock prices rose far above their real value, resulting in the biggest speculation bubble of all time. The financial markets thrived on this money and always asked for more, thereby becoming extremely vulnerable to each and every change in the financial policy of the central banks. The downturn of the stock markets at the end of 2018 was a consequence of a modified financial policy at the central banks. Instead of pumping more money into the financial system and lending it out at the lowest interest rates, they have begun to tighten their hitherto slack financial policy. So for instance, step by step – headed by the US Federal Reserve – interest rates are being raised. Meanwhile, the money that was being pumped into the financial system is again being withdrawn. Concurrent to this risky therapy of the central banks, the financial markets are being shaken by a whole series of crises, as for instance the trade war enacted by the USA. Listen to the assessment of Ernst Wolff concerning this very special situation of the financial markets: “A more adverse encounter of potential triggers for a system collapse is difficult to imagine.” If the central banks would continue to increase the interest rates and to further reduce the money supply, then Ernst Wolf sees as a result three development stages of the financial markets coming upon us: 1. Through the withdrawal of money speculating is reduced. Investors with borrowed money withdraw and conservative investors sell their shares. Stock prices fall. 2. This way, the high debt-level of many market players becomes more and more evident. Distrust grows; loans are granted more and more hesitantly. As a result enterprises have to sell more and more securities to service their debt. Stock prices continue to fall. 3. Due to the ongoing share price-losses, the initial creditors reclaim their money from debtors. The first insolvencies occur, and enterprises go bankrupt. As a result more and more concerned creditors will also reclaim their money, until an unstoppable downward spiral has been set in motion. This process is like an avalanche slowly beginning, then building up speed and finally destroying everything in its path. Listen again to the financial expert Ernst Wolff: “We are still in the initial stage of this process. But this does not mean, that a crash could not come soon, for the speed in which things may happen, nobody can foretell. But one thing can be ascertained at present: […] The message from the global financial sector for the change of year 2018/19 is clear: The casino is closing its gates. The game is over.”

from hag