Witchdoctor on debt driven economy collapse, debt free money…

Hi there. If your local Oligarchy sorcerers want to be paid great sums and continue to fool you, they have to use a mumbo jumbo language to conceal the reality.

The Ship of fools has invented this mumbo jumbo. Mind, they are all “lets be a sport” club fans. They sweat on the field for you.
The name of this scam is; The Level Playing Field

The Europe vs Brexit Sorcerers of how to loose some kilos of weight while “being sports” use this mumbo jumbo to conceal in a so called democracy what it is all about.
The Real thing behind this negotiations around the Level Playing Field is the State Aid.
The real Name of the dispute and the Theological Neoliberal Corner Stone of the debt driven economy is the : is the State Aid permitted in the neoliberal economy?
The European Union of Austerity and a beacon of the household economics and living within your means neoliberal mantra is adamant. The answer is NO.

EU and the UK can not agree if the State can help the business and in what extent. EU, mind, has temporarily suspended the State aid prohibition into the economy to a certain extent, due to covid 19, but as we know the denial and delusions are forever, until the EU will drop dead or simply reduce its population from pandemics to pandemics or from the climate crash to another crash in order to start with the new plan A which was the same plan A from the beginning.
As we have to know, The UK Central Bank is not so “independent” from the State Treasury- the Govt finance ministry, as is the ECB Euro Center bank.
The UK Central bank has even a protocol called ways and means. Ways and means means that they can do whatever they want if necessary, by any ways and means.They can fund with money out of nothing virtually anything. Why they do not do it, Ask Boris and his sports pals of the Oligarchy, Do not ask Labor about anything, they do not know anything about it, or, they are even better sports, they fake .

The EU and the ECB have only one mandate- Austerity. And just now, under the Ashen Lady, they are breaking the treaties and buying debt of the Eu countries, but that , in a Theological way, is a necessary breach and soon things will go to normal austerity.

Now. Imagine. The UK decides to fund with this Public Money, Passing it to the Treasury, whatever, and whoever and anybody.. In a big way.

That is prohibited in the neoliberal EU. This is Theology of the EU. You can not fund business to be more competitive. It is the GHOOOOODall blightly who said to the EU Sorcerers that Public money funding the life and business is no good.
Forget this moment in time, when Airbus,Lufthansa, all EU car manufacturers, and almost all business, from hotels, transportation and you name it, is going to default.
This is maybe a Theological exception for the State Aid.
They are there in their EU temple whipping their austere naked bodies until the blood flows because of this breach and repenting.

If the State Aid is introduced in the neoliberal economy, this will not be a neoliberal economy. Ask the Chinese, or the Japanese,even the US, they are breaking this rule every day. The other pair of gloves is For Whom this rule is broken ,as you know this is a talk in this blog.The result of who has a better Theology is before your eyes, economically speaking.

The country or the State who applies the State Aid in a proper way, is the winner!

The Theological rule of the EU can not permit it.NO.
That is the real thing behind the Brexit no deal.
There is no sports level playing field anymore, The winner is known even before the game started.
That is what is behind the mumbo jumbo, and they will try to corrupt this message.
So, they are trying to convince their fellow Oligarchy in the UK to struck a ball into the level playing field, but… Ask Boris what he will buy or sell first…

Witchdoctor

https://www.witchdoctor.space/2020/08/09/solving-the-debt-driven-economy-inequality-in-a-few-moves/https://www.witchdoctor.space/2020/08/09/solving-the-debt-driven-economy-inequality-in-a-few-moves/

https://www.witchdoctor.space/2020/08/12/exit-from-the-crash-of-the-debt-driven-economy-for-dummies/https://www.witchdoctor.space/2020/08/12/exit-from-the-crash-of-the-debt-driven-economy-for-dummies/

https://www.witchdoctor.space/2020/08/15/exit-from-the-crash-of-the-debt-driven-economy-for-dummies-2nd-main-course/https://www.witchdoctor.space/2020/08/15/exit-from-the-crash-of-the-debt-driven-economy-for-dummies-2nd-main-course/

https://www.witchdoctor.space/2020/08/17/exit-from-the-crash-of-the-debt-driven-economy-for-dummies-3rd-main-course/https://www.witchdoctor.space/2020/08/17/exit-from-the-crash-of-the-debt-driven-economy-for-dummies-3rd-main-course/

https://www.witchdoctor.space/2020/08/28/exit-from-the-debt-driven-economy-crash-4th-course-the-dessert/https://www.witchdoctor.space/2020/08/28/exit-from-the-debt-driven-economy-crash-4th-course-the-dessert/

Yes it is true as Charles Hugh Smith in his oftwominds blog wrote (yes we read each other) about how the system of current west capitalism is geared to minimum 80% capacity output threshold . Anything lower than that is in the red zone of default. Taxes, profits ,wages, overall costs and all are bearable up to 80% of capacity output. 50% output can be endured from 3 to 6 months. So,the foreclosures are on the table. No credit line, even at zero interest can help getting over 3 quarters of idle target capacity.
Eurozone is still in the Austerity model, whatever you hear from blah blah politicos and media. The Recovery fun(d) is peanuts, spreading in 6 years of covid19 future regardless if Covid curve is peaking or flattening.That is the upcoming exponential disaster of EU lagging behind the events.
Witchdoctor wrote lots of posts and predictions in feb. and march on this. 10%, 20% overall budget deficit, same GDP fall,and new debt scenario piling up each year.
Recovery fun(d) is a mouse dropping, and hear hear, it is not even a fact, until now it is just a spin rumor proposal, since they, the EU ruling Oligarchy,did not agree on it truly.And maybe it will come in late spring 2021. Till then, not even the current surging of and developing to future snowball deficit spending of the EU states,even with the recovery fun included, is not covered at all. It is all about some investments to come and produce some multiplier , if … blah blah.
In the meantime
Lets see what is growing out of the medical, health and small and medium business crisis and people loosing jobs..
The new normal is that the austerity stripped health services are experiencing the Greek Troika model of dealing with the crisis, people are dying of non covid illnesses since the hospitals are full and can not cope with other than give some blah blah help for covid 19, as there is no real cure for it, except to cut your larynx and put a tube in you to breath forcibly.
The Doctors, like in Slovenia, want immunity, since they can not operate properly their protocols of cure. Well, even before, in many EU, specially Eastern and South countries, they made a lot of malpractice out of stupidity, negligence and similar and the courts did not prosecute them as they should have. Giving them Immunity now is to let them do as they please.
Like The immunity of the European Central bankers, EU agencies, Politicians and all this Caste of masters above the law.They already have full immunity by law. That is the new rule of law.
So, we see that the rule of law in many aspects is being slowly eaten away by the exceptions, chaos and new authoritarian leaders like in the former east EU countries.
Summing it all up, the future is the new middle ages, forget your smart phone as a sign of progress.
The next step in this situation is that Doctors have to decide who is to live and who is to die, like in the war field.They do not have the operational capacity, no staff and nurses, not enough doctors, so, they have to decide who is urgent and who is not. Remember , in the EU health care is a universal right, which is paid from people pockets, taxes and the budget.

Doctor: “ I am sorry Witchdoctor, but your case is not urgent”
Witchdoctor: “ But my illness is progressing, now is only the thumb, tomorrow it will be a leg, and in a week only my head will be sane, Doctor”
Doctor” Yes, but now it is not urgent, when it comes to the head , we will cut it”
Witchdoctor: “ I see. OK. How Much? How much for being urgent?
Doctor . “ OK. I will squeeze you in for 5.000 Euros”
Witchdoctor “ Doctor, it is not so bad, lets make it 3.000 euros.”
Doctor: “3.775 euros.”
WD: “ Ok, , I have already my pajamas for the hospital with me”
Doctor: “ Follow me.”
That is the new normal. Corruption and bribery, the new Eurozone rule. Anyone who has a power of decision will take a bribe. For the rights you had for free, now you pay twice. Three times,….
Mafias are buying the businesses. Big Corporations and Hedge funds stepping in for the best piece of the cake. Corruption for having your rights established. You will pay for what you have paid already, but this time it will be for someones private pockets.It is a landslide in all fields coming on your head. The rule of law, and your basic rights are on sale. Do you have the money to pay upfront anyone who thinks you need something? For the second time, since you pay them already.
From your taxes.
And, funny, they were all in it, the we the people who acted in their stupidity and negating the obvious and the Oligarchy who saw the fresh blood to feed on.
They are filling the containers, the stadiums….
What about the Universal Basic Income? Debt free money? The free money the Central banks make out of nothing? Hmm, they go , you know where.
It is and was all written in this Witchdoctor blog, for years, take your time and read. The Oracle was and is right, it is simple…. a simple trash wave.
Sign out of the Cosmic Consciousness One Mind Garbage Dump.

Covid is here to stay, or even mutate in a deadlier version, as show the contagion data of Danish mink Breeding farms, where mink got infected by Covid and is producing even deadlier mutations. So, there is a chance to say bye bye to the current vaccine efforts, since the new mutations are not included in the plan.
That is EXACTLY what Witchdoctor tried to explain in the previous post regarding the fake theory of invasion of habitat, which is plainly only the result of breeding, eating, killing of the wild species.by the human monkey
In the meantime, hi there we the people, Did You? Did you Demand, Claim, Pretend to or you just pretend you are?
Did you pretend a wage rise as your risk of working is carrying a big risk, and as all the risky works has to be paid more?
Did you pretend more transportation, more buses, metro trains, trains to avoid being transported like a sardine with a huge risk of contagion?
Have you pretended safe , clean work space?
Do you know that more public transport being produced and put to work,6 hours working and shorter work shifts means more production and more growth?

Are you aware that already almost a year has gone by?
Are you pretending a six hours work day?
Did you pretend that you are not available 24/ while working from home?
Do Your Masters and Politicians pay you free internet, electricity, and other work related bills including your children school work from home?
Did you pretend to be paid for taking care of your children while working from home ?
Did you pretend a flexible work start, so that not everybody is on the train platform at the same minute and infecting each other?

Have you organized yourself and think of a strike?
Do your unions represent you and what you are doing about it?
Are you thinking how to blackmail your masters and politicians to get some more rights as above, especially in this big opportunity as is the lockdown, when your master can not find easily the replacement and when you have the data working from home?

Did you do everything to protect yourself and the others?
Because, if not, and if not of many more of similar demands that you have to pretend to be safe and free,

did you, have you, you are now being informed that You, we the people and not only your masters and politicians, in not doing this is taking Witchdoctor his, yes, HIS,
Freedom. By your inaction the virus will spread even more and Witchdoctor, which has just arrived back while borders were closing behind him, will stay stuck
Here for eternity. No more Time Travel, bloody poo.
WD knows you do not care, but, if you do not fulfill the “do yours” above, you are dead and gone, It is all connected, even in your Cosmic Consciousness One Mind Garbage Dump deadly groupthink, and WD prefers not to be deprived of his rights because of you.
But, if you gloat at this we are all in the same ship of fools including you,WD, so, we the people want WD to be our guest in this stupidity, then, know, go To hell, WD knows how to do it even when you “did you” blow it up…

Witchdoctor

It is me. John Tipotis. I am a gate keeper at the Galactic Time Traveler magazine. Call me John, Timothy, it is easier.Witchdoctor went south east mediterranean, swimming, he said, for weeks. He swims, he said, with Witchlady. 3, or 4 km a day and he drinks a lot of antioxidants to be fit, the excellent Greek red wine.
He said it is fantastic. Very warm sea, above average. Good for long swims. Nobody in sight, not a tourist. All closed on the island, except very few food shops and restaurants.They have a table reserved in each of them, eating alone.
The most strangest thing is, there is not one negationist in sight. All this 30-40% of the european population who think Covid is a fake, it is a simple flu,it attacks only the crippled, only the poor or sick have it, you never die of it…. All this deniers did not go, the stayed at home, protesting for more. Even the half price accommodation on the brink of the beach, the best service one can get since one is the only guest, even the empty planes, and the absolute silence, a god send, the empty resorts of the tourist ghost villages, no negationist sunbathing like a fat roasted pig and going into the sea waist deep to piss his adenochrome which even the remaining fish can not endure ,pissing
In the crystal clear water his cocktails and the junk he ate,…

Me, I could not believe it, but WD says always as things are.

The Negationist populace did not go. They so strongly believe there is no virus that they stay at home. Not even one member of Q Anon, since there is no Adrenochrome to be fetched there, that is more likely to be found around the white house.
WD and Witchlady went, with the best professional masks, gloves, UVC lamps and bottles of disinfection.They have fun, they said, as in the old times when the Islands were just for a few time travelers. The real Greece. Yamas.
He has sent me this thoughts by a One Mind Cosmic Consciousness Garbage Dump channel.The Cosmic Garbage Dump is the worst channel one can use. It is, as it says, a One Mind Garbage Dump consciousness used by the human parasite for his deadly groupthink where the meaning gets very distorted and corrupted, but WD can master that:

China and the Vladimir Lenin strategy

Hi there.
Look at the worldometer virus count and you see China frozen in Time. They had less infections from the beginning than France in last four days. Do you believe it? Well , do you believe Bolsonaro, USA, or India numbers? So, averaging all lies, the average is there and it is still a useful tool, even if all numbers are underestimated and fake, because they fake them all in the same way… . so, that can be computed.

But, regardless of the Covid origin, the Chinese know it is not a flu. They test 9 million people in 5 days, more than USA and the Eurozone did in the whole history. They are winning the global rat race.
And it is not Sun Tzu, it is Vladimir Illyich Ulyanov Lenin. Take two steps back to make a decisive step forward. Lock, close, track,trace and
open. And win. Yes, the old comrade Lenin tactics is back.

Chine is winning the rat race of hegemony, slowly and Lenin is behind it.

In the meantime, Trump got healed in three days

It might be a trick and WD has bet with a Greek down there that if he comes out before the 7 days, it can be a trick.

Or, they have a final weapon? Certainly not adenochrome which is known by Qanon and used by the opposition, look at Biden, he is so full of this energetic outbursts, he can even lift a truck full of tea party goers!?

Melania said she and Trump had the cure all americans deserve to have. ?

Lazarus could not make it faster to rise from his grave. And Trump was faster than the Bible.
There is hope for the Oligarchy.

Eurozone, they love money and do not want never to stop, so they are back in lockdown.

Headless chicken burdened with chronic austerity syndrome, Eurozone pretended to do business as usual until it fell apart.They silently reverted to the swedish model without acting as the swedes do.They are infested for good. The vaccine is at the best coming end of 2021, more likely 2022 and there is a probability mutatis mutandis of never or only as 50% effective personal protection cover which is like tossing a coin…

But, regardless of the One Mind Cosmic Garbage Dump stupidity,They had this idea that Covid 19 will get tired of feeding on some willing patients and just stop eating people alive and happily spreading further and further,.Yes the heat, no, the seasons, yes it is getting weak from spreading freely, yes there is none. Noo, they never thought that the Covid is very greedy, they thought that greed of more and more is reserved only for the true believers as a sign of god grace.

So they keep going to the next travel in time, the lockdown loop.,: their leaders said that is the best way to save time and money.
Soon they will have plenty. Of time. And no money, since they do not believe money grows on trees, out of nothing.
Quarantine, which means forty days, is now maybe 7. They love to pervert any meaning.Not to mention the political virologists and epidemilogists, when hearing them one thinks they just made a fast zombie economy course and they definitely are not doctors… They do not speak about the virus from the scientific view and what science has to say about the spreading tactics of Covid and keep to the known facts about how to prevent the exponential curve, they speak about the money and jobs instead, out from some Cosmic One Mind Garbage Dump forgotten textbook in the history trash, lackeys of the Eurozone Cargo Economy trash cult.
They have only one remorse. Why, for god sake, they have cut so many hospital facilities before the pandemic in the name of saving and austerity? Why their masters have not predicted the Covid sooner , they would have opened much more hospital wards to fill hundred of thousands people in them, kept the business as usual,and so prevented to somebody see people dying on the streets. Dying on the streets is not politically correct in the Eurozone, one must chuck this idiots somewhere secluded. Next time it will be better organized, the next pandemic. They will fill the tunnels.

Talking of next pandemic, have you ever thought of a nice speed dating in your body fluids and mucouse mebrane between the nice sleek classic seasonal flu chick with a Covid 19 guy? When they meet in your nose and make a close contact? You know, same family, like homo sapiens and the neanderthal, they can breed between and make children, you one of them?
What a nice new virus might be born, right there under your eyes, in your nose, lets call him Tipotis. Another Nothing passing by, a fake to kill for, what looks! What fun!

The tale of the humans invading the spaces of bats and other wild and virus laden nature inhabitants

That is a classic academic tale. The humans are spreading and invading the space of other wild species, they come in contact with them and the virus jumps, there has to be an intermediary like the ant eating pangolin, etc etc, the 90% fake tale.
Witchdocor has at least 4 to 6 bats flying around his house in summer. They are small, they emit high pitched shrieks, they fly near him and they eat loads of insects at dusk around his house.Very useful and fun to watch their inner radar guided flight, since they are almost blind.
Witchdocto never chases them. He does not hunt them, he does not fry them.We just live near.

In China, do you know what many eat? They eat all, from bats to snakes to scorpions, to sea horses, alive dried or whatever. Just take a look at the videos, or look the highly professional Rai tv “indovina chi viene a cena” guess who is invited to dinner” Sabrina Giannini. They eat a lot of very strange stuff and this is used for many health reasons. Health reasons , that is fun thinking of the Wuhan bat! They use all this exotic or not exotic animals, bones, tusks, whatever, for raising the sex potency. This is not a tale. The food markets are full of them.
THEY BREED them. They breed them also illegally, in terrible conditions in cages on atop the other.They do not hunt scorpions around the flat. They breed them, all together in a same place. They slaughter them there or directly in the market. The bats, the pangolin, the snakes, the pigs the chicken and you have a pig flu, chicken flu, bird flu parrot flu, only the ant pangolin is missing from the list as the intermediate carrier , but who cares.

As for the gain of function in the lab,it is done by everybody around the world, the Dr. Jekill virologists are always busy,, not only in China,and this is not a conspiracy?

The food habits do it, the famous jump of the species infections, the killing, breeding and eating this species, not the invasion of the wild habitats which might be counted in for maybe max 10%.
Same goes for ebola in Africa. If you kill and slaughter the chimpanzee and eat his brain to be a strong macho, that is the story. You do not get ebola by watching the monkeys.

End of transmission.
John Tipotis,

To be followed by the Cosmic Consciousness One Mind Garbage Dump in depth…. by Witchdoctor, or maybe not, first the kudos to Roger Penrose,
By “coincidence” mentioned in the last post here (and before) before this well deserved Nobel prize… and the antinomies at the core in the black hole… to follow…

Hi there. This is good news.Your consciousness, Witchdoctors included, is definitely Nothing. This is good news, since you are unable to pollute even the Universe.
This conclusions are based on WD observations, contemplations, meditations and IQ.
As Kurt Godel stated en passant at one of the famous Solvay quantum mechanics conferences and nobody paid attention except Von Neumann which made him rightly famous,” there are propositions which are true but can not be proved”, so Wd has the same conviction and anyway, dear readers reading this blog, as you know, all perfect solutions are worth nothing. Maybe because of the Oligarchy iron grip on ideas, maybe because of asymmetry of information, maybe because the human parasite does not give a bob in solving their situation, maybe because of this armies of income defense individuals working for the masters which are serving their masters even when all is going to sink soon, maybe because people are kept in the dark or they do not want to see… See latest 6 posts and think. How nobody gives a ….

So WD is stating this theory and deep conviction by even experiencing by himself the proof of the Consciousness as a tiny quantum loop dot.

Foreword
The text uses the concept of “beside the point”. That means that further branching of the proposition is irrelevant in dominant or subdominant way to the core proposition and is not pertinent to the concept core..
A quantum loop dot of consciousness as a double bind superposed entangled and non local event.
The Consciousness Quantum Loop Dot is in brief CQLD.
CQLD works on a neuronal grid and forms a field. Is there only one or more CQLD ? They can be more than one, but that is besides the point.
It is a famous paradox of one Electron Universe by John Wheeler phone call to Richard Feynman.
Is CQLD working as a cloud quantum field is beside the point.
CQLD has no inherent time, not timer no time clock. Time clocks are in the living creature it inhabits.
CQLD has no self timespace. Timespace is the result of the living body.
CQLD is out of the 2nd law of thermodynamics. It is the body and the brain it inhabits which is under the 2nd law. It is more like a Maxwell Demon, for laughs…
CQLD has no self substantiation.
Where it comes from, it is beside the point.How it is produced , by some quantum neuronal microtubules jump or blah blah,it is beside the point in this stage of events.

The procedure of switching Off of the functions and the CQLD

To prove the above nature of the CQLD, we go and slowly switch off, by meditation or some nice whatever :
The sight, the taste, the hearing the feelings, the motion of body parts, the brain as thought and any other human sense.
What is left?
There is left only the CQLD as a sense of presence or as a flow. But as all senses are only switched off temporarily and all vital functions are normally working, this left signals of presence and flow are the effect not of the CQLD, but are the remaining sign of a living body.
CQLD already at this stage is NOTHING.That is Your good news.
CQLD is constrained in the living creature through all his senses, which produce the most important thing, apart from all body fluids and shit,
The Spacetime or timespace.
CQLD is working in and with the current living cage, your body and mind or the Witchdoctors Cat. Or a parrot. Or,…
That is the only way CQLD can figure out what how where when and all.
Through the perception and pain or joy of the living creature.
Through his eyes and ears and etc.
Through its brain.
Through it evolution stage, a human or a bird.
Through its hormones and DNA skeleton.

That is the Cage of CQLD. A living Body.Without the workings of the living body and brain, CQLD, the Consciousness is NOTHING.
CQLD has no Storage, The storage is your body.The storage of all bollocks is your body and brain..
CQLD has no intrinsic memory. That is your problem.
CQLD cage is its life and without life, no CQLD.
CQLD AS a quantum event has no spacetime attribute by his own, it gains this in relation to….anything.
2nd law of thermodynamics applies to the heat/energy conversions of the life, not by CQLD. The body has and lives the spacetime ( and a pain in the ass) because of the 2nd law, not the CQLD.
There is no UNIVERSE , as humans know it, outside the working constraint in which is the CQLD. You are the eyes of the world, only.

What about the Tibetan book of death and the passages after the death?

Hmm… Many cultures and many different people around the planet Witchdoctor has met, in no connections to each other, have the same rites; a week of mourning of the body, Time related rite passages up to a month…. or even more.
Maybe the CQLD keeps a memory reflection- overprint of organization, like the T cells of the body and mind which, in time, by the quantum field collapse effects, vanish in time. Any way, all this newborn Napoleons, princesses and kings are too many to do the new jobs in a new life as the sewage workers.
This is all beside the point.

Conclusion

Consciousness is Nothing without the living body- cage- it inhabits and works on, in an within. How it comes in existence is besides the point, since it changes nothing, it can be only a curiosity, a road to manipulation of CQLD to know how it works further….
And WD will abstain.
The outer world is a direct relation of the senses, brain included , in which the CQLD inhabits with the body and that is called reality.
There is no way to understand the Universe or its laws outside this constraint.

The Birth of the Further
As you have read here, any human or animal is born as an orphan.
Then the role modeling starts. They are genetically and culturally constrained. The economy of desire.The constraint of the body,genetics with environment and specialization, the DNA, the evolution stage make the rest.
Here is the very rough and not complete conditioned arising of events.They definitely start with ignorance. That is a normal start since CQLD bears no solution since taken by himself is Nothing.
The meaning of life, desire, which becomes the economy of desire, asceticism and hedonism as a manichean choice in the already established economy of desire, the religion of desire and need – birth of culture and economy, the object of desire and desire for change as a dual driver and opposite (sustainability against use and discard) ,manipulation and control of the ruling class,role modeling in the family, patriarchal rule, power rule and control over the distribution of desire-pleasure, the development of prod. resources,the desire transferred to consumer goods, purchasing power and sustainability vs “use and discard” as a way of economy and work-employment of the population-the problem of employment in opposition to needs (what should people do if not “use and discard” and so have services) and the feedback loop, hierarchy of goods, manipulation of needs, ethics as ordinary voluntarism at the level of empty sermons and pious wishes bollocks as a production of meaning/smokescreen, the problem of mixing ethical views and facts, whether or not there is and how much where ever there is a sustainable response to the economy of desire, etc.,
The economy of desire as a deadly drive of all humanity as the driving element of production and how this conditions of the use and reject of this current of debt-driven economy can be stopped without totalitarianism, is there a model of real sustainability of the economy of desire born out of ignorance,whether this current model is already totalitarian with the consolation of apparent choice and no way out, and of course the meaning of life as a way to fill the void through the economy of desire …. and so on … to a possible outline of a model that is sustainable and not totalitarian … And of course demography, population explosion.

ALL here, in this Blog, by Witchdoctor.

PS: the link to the one of the best minds, Roger Penrose, not completely pertinent with the above, but a gem.Physics of Consciousness. He is 85 years and all the best, the world would be a fine place with more people like him.

And, a gratitude to Carlo Rovelli even when WD is not agreeing.

Hi, Mickey Mouse. Yo think Witchdoctor is deep down unsympathetic towards You. Yes, you are right. But he is definitely 100 times more sympathetic than your own masters and producers which you deep down cherish, imitate and want to be them.
Witchdoctor knows you are ready to kill for this Dessert as you are doing from the times you climbed down from the tree.

This is a final course in this 7 stars restaurant, unless the cook decides otherwise.
The Dessert is a special sweet in the debt driven economy, it is called;

WHO DESERVES WHAT AND FOR WHAT REASON

before we start, lets make a conclusion: the solving of the dessert is UNCONDITIONAL. If not, the killing for it will just get wilder.
So, anyone, rich or poor will have a Universal basic income, a some kind of roof over his head and food and water.

Mickey Mouse, You know you deserve more, much more than the Others. So also the Others think about You. They all deserve much more than the Others.You want more and they want more than you deserve and vice versa and so forth.You deserve more it is what you think and they think that they deserve more than you and we kill in the merry go round.They are all elected, but the others are not.

All your Ancient Books talk about it. Who deserves what and for what reason. A Cargo Cult of the final dessert.
What is a Cargo Cult, by a mastermind, Richard Feynman?

“In the South Seas there is a cargo cult of people. During the war they saw airplanes land with lots of good materials, and they want the same thing to happen now. So they’ve arranged to imitate things like runways, to put fires along the sides of the runways, to make a wooden hut for a man to sit in, with two wooden pieces on his head like headphones and bars of bamboo sticking out like antennas—he’s the controller—and they wait for the airplanes to land. They’re doing everything right. The form is perfect. It looks exactly the way it looked before. But it doesn’t work. No airplanes land. So I call these things cargo cult science…”
Wikipedia.

So, Mickey Mouse builds a Temple of sacred geometry.He puts the rarest, richest treasures in it.He puts music and perfumes in the Temple, he makes animal, or human sacrifices there. He thinks this is the way to encounter God.The way to know God.
He has built a Cargo CULT. The Form is “perfect”. But it doesnt work…No airplanes land, or whatever you expected…
In fact, Mickey Mouse is, from his own point of view, a Blasphemer: he did all wrong, since God is not that or there specifically, God does not needs sacrifice, or gold or whatever the Mickey Mouse thinks is precious. God is not so stupid. At the best, he is Unconditional, whatever this means for him and this we will never know….
Mickey Mouse, you do not know who deserves what and for what reason, but you persist, insist and kill..

Witchdoctors parable of having a SUV car and, do they deserve it.

Even Witchdoctor has his own ideas of who deserves what, and that is why he is certain that only the Unconditional Basic Income is right.You can not trust even yourself nowadays.

If not, we will all fall into the Cargo Cult trap of economic bullshit..

Lets talk of a household, where all the members eat cheapest junk food, buy cheapest potatoes and save, save. They do not read, listen to the good music, no theater, no real travel…. But they bought a SUV, a Special Useless Vehicle. The car for which they can hardly afford to buy new tyres unless they eat even more shit things and go nowhere..

Do this people, of which the south ( and everywhere) Europe is full of , deserve a Universal Basic Income? Especially when you look at their attitude and fashion; men heads shaved, with simil gold neck chains, women dyed in a pale blond colors with this black eyebrows and black facial hair as a striking contrast of origin?
Yes, they want it BIG.
The Men want it Big and the Women want it BIG. At any cost.
Certainly the Freudian transfer is applied to the car.They have this car as the only BIG thing in their life..

Do they deserve a UBI?
Yes they do, But maybe the tax on this type of cars is too low? Tax the SUV and Only the Rich deserve this SUV?

The solution as this solutions here are for the Green new economy would be not to make such useless cars. Ban them.

But there is the free enterprise, and one must say nothing against it.
But you see, the industry knows that they want it BIG. And they greenwash it. The new model, not so very BIG but pretty BIG German car is out.
It has 290 HP- horse power, and it can go 40 kilometers on batteries.
It costs only 80.000 euros (!?). Why 290 horse power engine? Because is BIG and fast.You can fly with a less HP, much less. But they work on the economy of wishing. And it has even a green not reusable at the end of cycle battery to throw in the sea.

They are already there, all of them, pale blonds, heads and golden chains ready…. salivating for this BIG. Saving even more, maybe they will eat only grass with some fat on top, just to get this one BIG.

That is the parable, and this one has no solution until now.

But who is Witchdoctor to judge, so give them the fu..ing UBI.

The UBI (Universal and unconditional basic Income) is for breaking the chain of who deserves what and for what reason and this breaking of the chain is worth much more than a SUV, a dyed blonde and a man shaved with the golden chain dog look…

Breaking of the Chain of Who Deserves What and for What Reason is a step into a new paradigm of history.

Why UBI and only after the Job Guarantee?

OK. This is the new green economy in boundary cases. Just for fun, The new choice, in boundary – limit-cases:
What is better, to leave no trace or to build a highway to hell?
What is better, digging holes for economy sake, like Keynes “jokingly”proposed, or laying on the grass , looking at the stars?
What is better, to drink a beer and see the meadow grow and forest get thicker or to chop wood for what?
To sit on the mountain top and look the sun go down and say thanks or to be a financial broker for junk bonds?
To contemplate or to see bullshit on TV?
To read,listen to the music, write,play, paint, or to drive to some meaningless not even greenwashed job?
To work you garden or to buy junk?
The smoke your own or to vote Trump or the Other, demented?
Drive a bike or to produce the new green washed SUV?
Leave to the others to eat shit and drive a SUV, or to swim?
Get drunk on your wine or be productive for the new Nuclear Plant?

The Job Guarantee comes after. Especially when one sees the who deserves what and for what reason they play, right now on the so called left side of the Modern Money Theory , advocating for the work camps for the poor and jobless. They do not deserve the champagne or the finest booze the others do, they have to work to live, as the central committee knows better who deserves what and for what reason.

The Job Guarantee must be paid more than the minimal wage, if not,it is the classic new left exploitation gimmick. The left always does the dirty job for the current Oligarchy.The Right has no need to do that, They sell SUVS to the demented . Hi, Mickey Mouse.

Today, the Slovenian farmers got angry. The current prices for crops, vegetables, potatoes, fruits, are incredibly low. See. That is the too much offer law, consequent price fall, and it is strange looking at it globally. BUT This means that you can throw money after them- the farmers- and get no inflation. They should; turn organic, and get money from a Public Bank for working.Swap the Public Bank Investment given to the farmers for some futures, any type, you even make money on this swaps and conversions, you , Mickey Mouse, you… In this times there is an overproduction of food in Slovenia which is getting drowned in cheap import food.Pay them. Who cares if it is against the EU rules. Lets say, the money is for farmers education or invent some reason , as is the whole Cargo Cult economy invented.. But, you are fools and do not know how to swap and convert values,as Witchdoctor has shown in this series of posts, you do not understand even the debt driven economy you live in. Your elected politicians are fools and corrupt and sold.

It is Unconditional, and this is the only way to break the chain of Ancient Cargo Cult bollocks.

Copyright Witchdoctor

Mickey Mouse, you are still eating in the 7stars restaurant.The lunch is not over.

This 3rd main course is about, as the whole menu, solving the debt driven economy inequality, without writing the 29.000 pages of bollocks of cargo cult philosophy,cargo cult economy and so making a living out of nothing. No search for the triggering group, like the working class, blacks, women, lesbian , gay or the sewage workers which will trigger the marxo hegelian foucaultian, marcusean, reaganian, thatcherian hitlerian, maussolinian revelation moment of new pure evangelical paradise bollocks or any other horizon event which falls to and occur always into a distant infinite.

This 3 rd series is about the Double Entry Bookkeeping, a much more prosaic and definitely the most powerful accounting tool ever invented for the ruling of the society, together with the Money Creation.
The double entry bookeepeing, “Jama–Nama” from , logically, the people who invented Zero number, the Indians, and the Italians like Amatino Manucci ( have you read the Florence default here, by WD), up to today legally fraudulent , intentionally obsolete double bookkeeping which the banks use…

It all sums into a next, dessert main course, coming after this 3rd course: for whom, by whom.

But, Mickey Mouse, here is the recipe for the 3rd main course and the main course on the menu is about You, the Taxpayer. Witchdoctor knows, Mickey Mouse, that you are a shit scared person of almost no entity. Even all this free and completely above board recipes, completely legal in a democracy, taken out from the current practice legally and cooked in such a way that you can make from them your own dish ASAP , are too much for you.

The 3rd main course

Anyway, it is the tax day, the 3rd main course is coming. You have your tax number and there is your tax account you can reach and manage even on internet. You have to pay your Income Tax. Lets say, you owe 10.000 Euros, or 30.000 or 40.000 euros? WD wants to be human, so, it is 10.000 euros of your income tax you have to pay to the tax office, which means the State Treasury- The State Finance ministry.
Now, your State Treasury has a Public Bank. Before your deadline for paying the 10.000 Euros, the Public Bank makes an entry in your Tax Account. The tax office opens a special ledger, a box in your tax Account. The Public Bank makes a loan to You, Mickey Mouse, in the same amount of 10.000 euros which you have to pay as your income tax to the tax office which is under the Treasury and the Public Bank which is under or works for the Treasury.

Mickey Mouse, you know that Witchdoctor knows you do not want the money for free. You do not want the helicopter money, you want to suffer and because you suffer (in vain) you go to paradise. But, why say no to a loan? Mickey Mouse, you say yes to a loan, and repay the loan with the same amount, 10.000 euros of your Income Tax due ! The Public Bank accepted your Income Tax payment come due as a repayment for the same amount of loan!
Now, Mickey Mouse, listen, you have paid with your own money, the 10.000 euros. The Public bank made a loan for the same amount to you and , and now, you have paid 10.000, received as a loan 10.000 and you in fact are at zero. You paid and you received and your income tax is paid. You can sleep well.

But Mickey Mouse, WD knows you have a crucial question, a cunning one. Why the Public Bank did this, and why this money movements, when all equals and clears out as zero?
Mickey Mouse, , wrong. Wrong, it is not some meaningless money transfer. It IS REAL. You have really paid, and really received the money.
But, you ask, why the Public Bank has mad me a loan and got it paid back ?
Well, Mickey Mouse, it is all about the double entry bookkeeping and it is all about the Money Creation, as you must know by now, but you are shit scared to even think about it, even if it is all legal and a common practice even where you live.

Your Public Bank made you a loan. Today, the banks do not lend reserves, deposits or anything similar. Check the Richard Werner experiment on taking a loan, or Rowbotham book, the grip of death.
TODAY the Banks lend money out of nothing, out of thin air, by just typing the number on their keypad.
The Public Bank did the same. The money you paid back was cleared from your account as zero, no loan due anymore,, but the 10.000 euros stayed in the Bank as the BANK ASSET.
It is all real and, Mickey Mouse, if you do not believe the facts, the facts believe in you. You have maybe 5 years to start believing in the facts.
At the first glance all this money movement looks nonsensical.
BUT
Mickey Mouse, with the real loan, which you have paid back with real money for your taxes , the Public Bank has made a real asset and turned it -the asset- To the Treasury, which in this way got your 10.000 euros of income taxes.!!!

SO, did you like you 3rd main course ?

Oh, you say, i have eaten it, but i still do not believe it happened.
WD: I know, you are a dummie. WD told you, it is for dummies like you, you eat , you shit and still do not get it.

That is why you pay, for nothing…

Next: The Dessert after the main courses: Do the Dummies deserve this? It is for whom, by whom, and who gets what,who needs and do not needs, who deserves 8to be beaten9 , the 20.000 pages of trash coming soon on this WD blog ( just joking), the Ethical, moral question of the human parasite endless search for, happiness, power, greed wealth or just wasting time ……and hating your fellow dummie .

COPYRIGHT WITCHDOCTOR , spread and cite..

https://www.witchdoctor.space/2020/08/09/solving-the-debt-driven-economy-inequality-in-a-few-moves/

https://www.witchdoctor.space/2020/08/12/exit-from-the-crash-of-the-debt-driven-economy-for-dummies/

https://www.witchdoctor.space/2020/08/15/exit-from-the-crash-of-the-debt-driven-economy-for-dummies-2nd-main-course/

Have you eaten and finished the first meal course? Did you do it ASAP? You think it was over? No, this is a 7 stars restaurant.
Not only you get the methodology, the assessment, the analysis, you get pronto the recipe and the dish and the cookbook, for free, 7 stars.
It is ready for all the dummies, worldwide. Sorry, the language depicting the followers of the current cargo cult fast food eaters is too soft.

After eating, and when the proof of the pudding is already where it should be, there is the second main dish.

But first, since we are talking 2nd law of thermodynamics applied to the society,and Maxwell Demon role in it, and , if you have not noticed it yet, we are talking of how to make Entropy of the current cargo mad cult economy and its devastating results almost nil.
So before we start with the second main dish, as any 7 stars restaurant has to, imagine the picture:
There are ,at least 3 actors in the recipe 1- a company, 2- a Public Bank or a Treasury of the State govt, 3 – a Central Bank.
We have a triangle of A, B, C.
They are working clockwise cyclical.
Now, the famous swap – taxes swapping for a nominal part in the company capital with 80% of the company profit invested back and all you have eaten in the first course, constitutes the next, anticlockwise action . The nominal part of the capital, when constituted, is a passive conveyor. It is a sort of DUMMY, a simulacra of transaction, since it has no executive rights. It is and constitutes a real capital, it is real money but it is a passive conveyor. It is a triangle of and placed on top of the A, B, C so it is AB, between A and B, then BC and CA. Two triangles moving in opposite directions and this is a compensation , which is lowering The Entropy.
Because of the its construction, made for lowering the Entropy, the Dummy triangle (AB, BC, CA) moves anticlockwise.So, one atop other, the two triangles , connected by money flow, one moves clockwise, the other moves anticlockwise, constantly.

THE SECOND MAIN COURSE

Now, Witchdoctor is certain that many company owners, after eating the first course got very worried. What if this dummy nominal share of the Public bank entering into a company capital in proportion of taxes agreed for the swap, what if this ugly State turns this nominal share one night into a real ownership and we get back some monster and so the private, cooperative, tribal, community or any type of property becomes a State property? It will not happen as it will not happen that this recipe will make a private monster, too. The mechanism has means… And there are other ways to nationalize the essential, or make public the essential…

Now. Here is the second main meal recipe;

Imagine that the Public bank ( or the Treasury, or Mickey Mouse) enters into the ownership in a nominal share part. The taxes collected by the State with a swap have to be spent. In the moment they were spent there are some options, which must be law enforced, as is valid for the fist course law enforcement..

A- this model of low Entropy is State guided for obtaining the green transition and the end of any stupid alienating work, it is not A Soviet Model , a Soviet style job guarantee mmt or a 12men round table bilfederbeferg model of Oligarchic concentration of the tomato sauce.

1- The State, when it spends such swapped taxes obtained from the nominal ownership, has to delete, declare extinct as an obligation his nominal share. The nominal share is no more.

When the State spends the swap taxes, the nominal share is extinct.THIS is the ESSENTIAL anti Entropy action. The Maxwell Demon is not there to get fat like a balloon. He is a passive conveyor.The whole model by Witchdoctor aims at DE-Inflating the 2nd law of thermodynamics. If the Dummy share grows and gets stable in growing, then we have achieved nothing.

2- The contract between the State and the Company has a time limit, like 5 years or whatever maybe never, but there is a limit agreed upon, do not FORGET, we are talking GREEN TRANSITION, not some digging of the hole for the hole sake for the sake of throwing money for some stupid work sake for having people to work on some hole.. This Green transition takes time. In the 5 years the company has to invest back the profit, of, for.ex. , 10% a year profit minus one fifth, it is 8%, in 5 years the company capital formation has grown for 40% from the reinvested profit only and also has grown from the swapped taxes for a nominal share.

3- If you do not want to throw away the nominal share, convert it. Propose the Company some green works to be swapped and so the company will enter into a nominal share of the capital by swapping some “non profit” green work, keep the nominal capital ownership converted into his own and outsource some non profit work on some new field.Take it out, and swap it for some other goal. You will need another Dummy. like BC…

The part, a half of this reinvested profit goes for the consistent WAGE Rise of company employees.Or,give them shares, make it a coop, a common capital tribe, or whatever.But you have to rise wages proportionally with this Perpetuum Swapping machine work. No precarious work permitted.

OK: Mickey Mouse, you can calculate the ratio between capital, wage rise vs capital formation vs market share rise with your experts. Do not forget the DUMMY- the nominal swap of taxes, it is a huge bonus and the wage rise is a law in this swap..
This recipe is for free but WD will not do for free the footwork, the fine tune calculus dirty job,, do it yourself.
– Mickey Mouse, it is up to you to invent any permutations deriving from this principles, there are more of them, but this will be a third meal course at the 7 stars restaurant.
But, hopefully you have understood the “breathing” and clocking of the two triangles moving in opposite directions and the extinction moment of any action as the goal of the low Entropy course of the system.
Witchdoctor is giving you a 7 stars recipe and he is absolutely certain that you will not try it, especially because it was given for free and for other reason every dummie knows.. You do not need recipes for dummies, you are the KING of the Pilot trash wave of History..for dummies

Copyright Witchdoctor

Some time ago there were heaps of self help books on various topics, like, Universe for dummies, Religion for dummies, Orgasm for dummies, Your Brain for dummies.
Witchdoctor has detected that his latest essay and solutions on solving the debt driven economy inequality was not properly understood. So, in the quest for constant human progress for dummies, here is the simple version.
The solution in the post is a simple cookbook accounting double book keeping recipe.
First, it has nothing whatsoever to do with any type of a Sovereign Fund, like the ones in Norway or in the Gulf Oil States. In this recipe, nobody buys shares, buys out a company, invests, makes loans, or gives money for free. That is all possible, but this recipe is totally different.

It has nothing to do with nationalizing the sectors of economy. That is a different and completely legal approach. It has nothing to do with giving loans by the State to the business.it has nothing to do with free money injections into a private sector.

It has nothing to do to giving tax rebates, detaxing the business in a classic way.

Today the neoliberal economy is based on taxation,and since there is ,in a competitive global deregulated market, a race to the bottom by reducing taxes and so producing growing Debt on behalf of the State- State deficit = net spending.
The whole economic and political game is how to reduce taxation of the business for being more competitive, how to pay less the workforce and how to dismantle the welfare State based on taxes.How to square the circle without revolts and riots and how to suck out the profit in any form.

For the Witchdoctor recipe you need this ingredients: The State, A Central bank, A treasury, which is called in Europe the finance ministry, and a Public Bank.
Now, you can change the names of this three and for example call them all Mickey Mouse for dummies. A Public Bank, the Treasury with the Central Bank enters into a business company.
We know that currently the business sector in Europe pays overall around 40% of taxes in various forms.
The Public Bank proposes to a private, or any type of ownership business company to enter into its ownership as a nominal sum entry. It does not gives loans, buys shares or gets a piece of ownership. It is a kind of mortgage without any strings attached.No voting rights, no management rights , no selling rights. It is just an entry in a ledger.
The entry is proportional to the agreed sum of taxes which are swapped between the Public Bank and the company. The sum of taxation, up to the 40% , forms a nominal entry ledger of the Public Bank.The company swaps the taxes to be paid for a nominal formal or virtual ownership part of the Public Bank.
Any taxes, even the cost of health and pension taxes for the workforce paid to the State health and pension funds.
So, company becomes tax free in return of a nominal ownership part of the Public bank in the Company capital and assets.
There is only one string attached. The 80% of the profit that the Company makes has to go back to the company capital in any form of productive investment.And there are no dividends of any type permitted.
Now, for dummies. In this recipe, the company will be glad and happy to pay as much taxes as the State thinks it is right, since more taxes make more tax free nominal- no ownership right- entry of the Public Bank in the company capital.
In this way the Company is capitalizing itself in a big boost. In fact this is the way how to boost the company capital, for “free”.
Witchdoctor knows there are lots of his Chinese readers out there. They will be, lets make a bet, the first ones to understand. The Europeans, they are the dummies without buying a book, even for free!.
The Public Bank, after a short while, owns a lot of assets.It has a nominal entry ledger in the companies and loads of taxes as assets.
The Treasury swaps this assets with the treasury bills with the Public Bank.
The State gets taxes swapped between the Public bank in return of the nominal entry into the company and the companies are tax free!
The result is: The State gets all taxation, the Companies are tax free and the Public bank is full of treasury bills.Or change names, the central bank instead of the Public bank, or, spread the swapping further more and lets play now the game between the Central bank and the Public bank… HA? Maybe next time….

What to swap next?
Since self employed, arts, music, crafts people have no capital requirements, they can, along with others , like research, swap Intellectual property or, Intellectual Potential, a category of property that includes intangible creations of the human intellect.
The swap is the same, the Public bank makes a nominal entry ledger in the Intellectual property established by the law as the intangible capital of any self employed ( even for a dummy ? Yes, The university is already full of them so are the parliaments, the EU,etc), in exchange for taxation or for health and pension taxes.
Overall, one can swap anything….. It is a double entry book keeping and that is all.

As the Oligarchy invented the swaps and derivatives, the Public Bank and the State can Always Outswap them. Swap them swiftly up the arse.

This recipe for dummies is for the green transition, it is fast, very fast and maybe we can catch the last train.
The housing and building swap in this post is different. In making a green transition, The Public bank pays all useful work for changing buildings into zero emission property and gets a nominal entry,a no strings mortgage ledger as a Public bank asset,without ownership decision rights .

But one can use it also for oil, plastic, dumping radioactivity, or whatever other reason to shorten the life on earth.

The Conclusion. The Maxwell Daemon and the 2nd law of Thermodynamics.
This Swap is essentially a , probably bad Witchdoctor copy of the Maxwell demon Principle. But, if you know better and more democratic one, say it. Witchdoctor has in previous posts outlined the straightforward debt free money model, this is a recipe how to, in the same debt driven framework, achieve the almost same result. Yes, it is clever, thanks Witchdoctor, we will do it ASAP. My ass.

The Maxwell demon is always sitting out of the box where the 2nd law of thermodynamics makes its sad course, but by this Perpetuum Mobile intervention it lowers the disorder and makes the human race live longer on the planet. The shift out of disorder produced by the Demon is another story, it is not pertinent for this recipe for dummies.

Thanks, and this concludes the whole …… about this dummies.
Witchdoctor

PS, you can amend it or do it better, let me see….

Last sigh; The new vaccine against covid 19 in Russia is called Sputnik, Remember how the Russians sent dogs in the Sputnik capsule into the space to test the Sputnik? Almost all dogs died, and it was a terrible death. All went mad. Barking Mad.
Leica, the only survivor, returned Barking Mad,Testing Sputnik.

Dear Martians and dear reader. You have certainly noticed how many careers were and are built on criticizing the Debt Driven Economy, aka the neoliberalism. How many sycophant parties are milking on it. How many cargo cults are building universities on it, and from chapter 322 to skull and bones and CFR and bilderbnergers are having meetings around it.
They make their careers on making some cargo cult criticism, hoping nobody will take it seriously.The other, the real cargo cult is laughing.
Here are the links of the latest posts for the beginning of solving the problem, if anyone wants to do it.
https://www.witchdoctor.space/2020/04/28/perpetual-bonds-and-the-jewish-pluto-masonic-etc-etc-conspiracy/

https://www.witchdoctor.space/2020/06/15/europeend-of-capitalend-of-capitalism/

https://www.witchdoctor.space/2020/06/27/the-end-of-capital-in-21st-century-as-the-result-of-the-portfolio-capital-takeover-of-the-central-banks-and-states/

https://www.witchdoctor.space/2020/07/18/tipping-point-and-the-storage-survival-basics-economy/

https://www.witchdoctor.space/2020/07/19/tipping-point-the-survival-basics-how-to-invest-in-reconstruction/

https://www.witchdoctor.space/2020/07/27/florence-1345-the-birth-of-the-debt-mountain/

We start with perpetual bonds.

Then we start with the mechanism of public bank venture capital interventions. The Public bank steps in, by law, and fixes the houses and transportation on a zero emission basis, investing in public and private property and enterprises.The Public bank builds Storage- food water- energy- and the overall open IT and open source Artificial intelligence grid. The grid is free for all, you can store as much as you like. 5G is not necessary.You can choose to be not spied , nor by Chinese or the US.

The Public bank works on a simple basis. It fixes and repairs all in accordance for the green transition, invests and this investments figure as a nominal ownership of the part- the nominal investment- of the property fixed for the green transition without any voting, managerial or any kind of right and influence on behalf of the Public bank and on the free market trading between the subjects, regardless of the type of ownership.
The public bank steps into the private firms , corporations, as a nominal investor.
The firms can join on a voluntary basis. The firms, ownership of any kind, take the investment for the transition, they pay no taxes. The law is that 80% of the profit must return as an investment back to the business, 20% can be spent by the owners for champagne, booze and women. The Hanseatic north , the evangelicals,protestants and calvinist excluded. They had to give this 20% in charity, especially to the native populations, like Bolsonaro and his evangelical supporters.
The dividends are excluded, no deal..
The profit must be invested back, 80%. That is how the budget deficit is not a pure private profit.
The business can any time buy back the Public Bank share in their ownership at the nominal value.

Why this model?

This is a pyramid overturned. Akhenaten, or was it Moses his second name, maybe buried at Al Manifa, now an oil field, is dead and gone.

First, it is a good thing that the budget deficit is NOT a private profit. So, no more tax reliefs, deductions at the households expenses and the social welfare expenses. The firms, if they want, it is a free choice, especially in this Covid 19 default situation looming, get all tax reliefs, but not for free. There is no more a millenial free lunch for the Oligarchy. All this tax reliefs mean that the Public bank steps into the property ownership in the measure of the tax reliefs and other investments agreed… So, there is no more Budget deficit = net spending, aka, the deficit is not given for free to the non government-private- sector.Instead, the tax relief means a share in the ownership by the Public bank., at nominal value and no whatever right of management or anything, it is a Venture Capital for the green transition.
Huge carbon emission corporations get money only for carbon free transition at a doubling nominal value Public Bank investment share part..
The firms like Big Oil and plastic and etc, get no more tax reliefs, their taxes rise in proportion to the carbon emissions.
They never get the free investment from the Public bank.
The firms which do not want the tax reliefs,which want all the profit for champagne and booze,women and men, they get no reduction of workers taxation paid by the owners, they have none of this free tax haven..

Folks, this is not communism, socialism or any thing you have read, THIS is New. The Public intervenes without intervening directly in the market as the new State or public monopoly. The State and its Public banks only points to a transition. Monopoly is evil.

The self employed in the arts, music, theater,get a living wage, unconditional. They are all health and pension insured.All their incomes are not taxed. i They can perform even to a single person audience.
All farmers moving to organic are tax free.
The companies are free to sack people, but only if they have none or invest all profit back in the business and even when investing all profit they have redundancies..
All people unemployed get a living wage.
Same goes for the house wives and house men.They are always offered a Job Guarantee at the bigger “price” if they want to work..
All workers in logistic, centers, drivers, firemen, doctors and nurses, etc, you get the idea, have a constant 50% bonus pay.
The working day is 3 shifts for 4 hours. If not, 5 hours is the max, but in this case, the third shift is paid more. There are no night shifts, except for the grid of all maintenance…
All tax reliefs, and all other reduced taxation, or no taxation, is not any more. If yes, it is converted into a nominal no voting and decisions rights share of the Public bank as the share in the ownership, growing in time..
It can be bought back at nominal value by the owners anytime.

Where the money for all this comes from?

You know this is a stupid question. It comes from the money tree, out of nothing, as usual. And you know the limit of this- the inflation. But until the offer of goods is bigger than the demand, there is no inflation.
The 700 TRILLIONS of Dollars OF DERIVATIVES currently produced by the Oligarchy,from the magic money tree , will be phased out and the chapter 322 skull and bones will live on their living wage.

Is this transition plan complete?

Definitely not and nothing must be perfect.Nothing Must Be Perfect is the new Law.
This is a rough sketch of a part of the mechanism. You can add. Bear in mind, this is not a birth of a new Monopoly of power, it must be not, not any type of new monopoly which controls all. This why the share is nominal without deciding power. It is a free boost.And it is perpetual.
And you can say no, it is voluntary, except for the part of housing zero emissions transition, the Storage grid of all is obligatory, and it is a sort of public interest, which means community of free choice.

Why is Public bank making and accumulating all this assets?

Folks, at the end of logic, is of no use in fiat money. But, it keeps the system looking real,it limits the Oligarchy, it is a compensation chamber , it defies the second law of thermodynamics as long as it can be done, in the transition to something Bigger, and then we will time travel.