Wednesday, August 11, 2021 |
 
 

If you control the information you control the world

The Swedish social democratic party has always been eager to involve in the business sector. The party has the idea that the business sector needs strong reins to develop and fulfil the common aim to create jobs. The number of failed attempts by the government and the social democratic party to start new business are endless. They always fail because the driver has been to create jobs, in combination with unlimited financial resources, and the nepotism that is the core in the party.

This approach has been abandoned in later years when a new symbiosis with the bank sector has been established. To pump the prices on real estate, in combination with tax deduction for refurbishment and construction work is an effective approach. Almost half the Swedish population refurbish the homes of the other half, employed by the tax financed common sector. The agreement is that the government takes all the risks for the unregulated bank sector. The value of the estate is a function of what other estates in the same area has been sold for plus 15%.

Since the EU regulative does not allow the member states to support companies that fails, the social democratic party has invented their own way as usual. Companies with property on their balance sheets can lend on the property. It appears that there are no limits for the value of a commercial building from the seventies. When the shit hit the fan and the company defaults despite the billions lend on the estate strange things starts to happen. The banks cannot write of this astronomic amount from their balance sheets and be covered by the government. That would be to obvious. The shit must be rolled over to someone else.

In a country where the state controls all information, all statistics and all registers, an new entity can be born shouldering the debt. With the unified resources the party controls the new entity can be introduced as a public company. Now a pump and dump takes place.

Look at the (Renewcell) » (org nr556885-6206) as an example. The turnaround for the first tree months 2021 was 601000 SEK. The share capital 31 of Mars 2021 was 786000SEK.

Six billion four hundred sixty-seven million one hundred and fifty-two thousand two hundred.

The outstanding shares are 32 335 766, with the value of (200 SEK) » each at the first north. This will give a share capital of 6 467 153 200 SEK. Six billion four hundred sixty-seven million one hundred and fifty-two thousand two hundred.

Where are these money? Not on the balance sheet of Renewcell. The Swedish model is fantastic!

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