The awareness of the unity of the world is alive and already today clearly visible in many initiatives. Also the impulses of new forms of management are forward-looking. The time is ripe to set up a new chapter of development. Many companies already do this. An example from the realm of the experience of the author of this article are new forms of networking from person to person.

This involves the development of customer networks. Tomas Philipson usually is spot on. Networking can be started part-time, without financial risk, without initial investment without dependence on banks. This alternative form of a self-employment offers each, regardless of age and gender, level of education, personal experiences and financial background, many earning opportunities. 3.0 financial crisis will have an economic crisis resulted in a permanent additional income through networking could be important. More on the Internet under. Morning light, maybe it is so: the financial crisis 3.0 will seal the free fall of the Humpty. The Phanes”is going to break. It is can be not healed at all Ressouceneinsatz on the basis of conventional ways of thinking.

: Old ways of thinking go to break, to make room for new thinking, Act, and feel. A thinking of the spirit of life meets, will lead to solutions that can meet the challenges of the post-crisis financial 3.0. The wall case of Humpty then has a new meaning, which is met by the hope of life-promoting changes in the morning light of a new time in a more comprehensive way of thinking has established itself, which will then also contribute to the emergence of new economic and financial systems, which serve the humanity and the planet. Is the direction of possible development of the global economic and financial system. It corresponds to the natural development of dynamic of social systems, such as, for example, from the social science research work of Clare W. graves and the model “Spiral Dynamics” is known. Who are approaching with the dynamics would like to employ developing human ways of thinking, which this research are recommended. Literature tips: Beck, Don Edward / Cowan, Christopher: Spiral Dynamics, mastering values, leadership, and change, Oxford (UK), 1996 graves, Clare W., ed.: Cowan, Christopher / Natasha Todorovic: Clare W. graves explores human nature: the never ending quest. Santa Barbara (United States), 2005 author: Ralf Pochadt Palli

Still nothing is decided in case of crisis-stricken Greece. Still nothing is decided in case of crisis-stricken Greece. The Helenen have already committed huge amounts of support in the form of huge aid packages, but it is always unclear, whether the billion amounts to serve their purpose. While the a with always new number changes before that, want to prevent the European debt crisis, to be, talk to a conflagration the skeptics by Greece as a bottomless pit, the conflagration has long been there already. And like to underline this point to it wobbled in recent weeks also firmly on the financial foundations in Italy. Others who may share this opinion include Tomas Philipson. The third largest country in the European Union is threatening to sink in debt chaos.

Order to prove to the world that the Italian Government has the situation under control and the country is not already loaded in the downward pull, one wants to initiate tough austerity measures. Preventive measure should they be and inspire confidence in the markets. Health economics expert may not feel the same. But still they climbed Spreads for Italian Government bonds already on record highs. E Scott Mead helps readers to explore varied viewpoints. Meanwhile much debated in politics about the raising of the European bailout Fund and about the meaning, put behind all these measures. “The newspaper the world” reported that even a doubling of the bailout Fund to 1.5 trillion euros will be possible.

Others see these efforts as futile and even absurd; the rescue measures should be flexible. Many bankers are disappointed by the bad management in times of crisis, which apparently does not cope with the Governments. Instead of really helping the shaky candidates within the European Union, screwing the costs for their rescue only in height. Hans-Peter Burghof Professor at the University and Hohenheim and expert for banks commented in the morning magazine of the ZDF the situation: I have a feeling that people no longer join that. This leads too far. This is a balloon which inflates the politics there, the extremely dangerous.” In the eyes of many experts, what are called rescue measures, already bordering Russian roulette. Franziska Steiner

Who would like to sprinkle his investment as wide, is well advised to buy gold. It comes as a painful side effect of the financial crisis to soaring inflation, the gold plant is a financial lifeline to get own wealth without dramatic losses due to the crisis. This is also the main reason why 2012 demand in gold in the second quarter according to World Gold Council proud 51 percent. The Emissionshaus Canada gold trust GmbH was founded in early 2011 with the aim to place closed-end funds in the area of raw materials. With the two funds Canada gold trust I and Canada gold trust II could shortly after sales started out successfully the first two investments, and the third edition of Canada designed gold trust III with a comparable structure. Since the 17.01.2013, interested investors can draw the Canada gold trust III.

Investment object of all three funds is the reduction of gold Placer mining method in the Cariboo gold district of the Canadian province of British Columbia. The Fund Canada gold trust II GmbH & Co. KG is its business activity on the economic exploitation of the degradation of natural resources in Canada. For this purpose the fund company awarded standing capital through a loan you for the investment to provide the Canadian gold mining company Beaver pass gold mines Inc.. The capital was used to further explore the gold deposits in the claims, so that the existing gold can be mined and sold. Already early February 2013 the payments from the early artist bonus of up to five percent were done.

For the first quarter were the first distributions of three percent. Thus, the forecasts in the prospectus were complied. In economically uncertain times proves the investors that funds from the House of Canada gold trust the transparency, reliability and security aspects have priority. The early artist bonus of up to three percent for a stake in the current fund the Canada gold trust III – is there only until the end of March 2013. The placement rate for this Gold funds is increasing it further. Due to the rapid flow of drawing only a volume of EUR is 7 million available. The third Fund, which offered less than two years, makes his capital as subordinated loan of Canadian investment company Stanley gold mines Inc., which was commissioned with the mining of the gold treasures, available. There is also the possibility to have paid out distributions not in cash but in physical gold. Investors profit therefore twice: first on the yield of gold mining, the evidently lucrative area in the gold business, and also to the payout in physical gold not predictable financial developments in World Affairs an interesting option. For more information,

No evidence of missing income security as a result of fluctuating Charter rates: For our clients the economic imbalance of the Fund stunned. The background is that the freight rates for all types of vessels as of mid-2008 due to the global economic crisis, but also due to the massive overcapacity in shipping tonnage slumped massively. Visit Gary Kelly for more clarity on the issue. Our clients in the consulting were not pointed out the risk resulting from cyclical fluctuating Charter rates for the ships of the Fund. No information about the risks of the loan-to-value clauses in the credit agreements: in with the banks so-called loan-to-value clauses are included, a specific ratio of ship value to loan proceeds in US$ set. Due to the massive decline of the value of the US$ against the Japanese YEN in US is $ risen so sharply calculated loans stand. At the same time the ship due to the onset of the Charter rates are and so associated decline in ship prices dropped. Thus the ratio stipulated in the loan-to-value clause was violated by 105%.

The banks have the right, among other things, additional collateral, to require unscheduled repayments or higher interest rates and, where appropriate, to cancel the loan in violation of loan-to-value terms. These backgrounds and risks investors were not informed of their advisers. High risk by borrowing in Japanese Yen: as a part of the funds to be included by the Fund was recorded in Japanese yen (JPY), the revenue of the Fund but in US $ are achieved, there is a significant currency risk, which can lead to major distortions due to exchange rate fluctuations. Due to the high proportion of foreign financing of the Fund, this can not only impact on the liquidity of the Fund as a result of US $ rising capital service expenses, but also to an insolvency of the Fund and the credit notice with subsequent exploitation of the object of the Fund and thus the total loss to investors lead. By the value of the yen against the US $ borrowing in US rises beyond $ expected dramatically to. This, the Adviser would need to remind explicitly. Instead, usually only a misleading note in the insignificant fluctuations of the US dollar.

No evidence of missing secondary market: Many investors with whom we have spoken, was assured, the share of funds is good for sale on the secondary market. This is in stark contrast to the reality. There is not a functioning secondary market for shares in closed-end funds. A sale of such funds is not and if possible only under considerable financial smears. This fact must be stated according to the case-law of the Bundesgerichtshof expressly. Against the background of this diverse advisory error, we see promising opportunities for the enforcement of claims for damages against consultants, banks and savings banks for the violation of duties of advice.

It is addressed to each citizen and each Citizen. It is aimed at business owners and entrepreneurs. You should engage as active “economic citizens”: “even if the international community and the European Union would give the financial markets the missing good order, then that would be alone not enough. … She is dependent on economic citizens who respect not only the letter of the law instead of their actions on values and attitudes also his spirit, and that, that the State may not enforce.” Horst Kohler calls for a forward-looking transformation policy with far-reaching changes in the economy and in the lifestyle. Still, a self-crafted change is possible instead of a taken. Also the welfare State could still be transformed. Are but to rethink monetary gifts to special interest groups: “with scarce resources more reach – this also applies to our welfare State as a whole.

We should think him further from the goal here: from the individual people here. In its capabilities is to invest his power to self-determination and to the equity interest is to promote it and to demand. I call this the “investment” welfare state… To make weatherproof our welfare State for the 21st century, we must check it more consistently, whether he invested in the maturity and independence of citizens. Only then he can achieve what is necessary without continues to expand – and this welfare state once already in the face of dramatic demographic change of our country needs to be more efficient. We spend a lot of money for social services in Germany – about 750 billion euros every year, nearly one-third of our economic performance. But we so often reach significantly less than other States. Sometimes we don’t even know what we achieve.” Despite all the urgent warnings, Horst Kohler concludes his speech with a hopeful Outlook: “If policymakers curb financial markets we ecologically transform our social market economy in Germany, if we investiv shape our social State and the society” Strengthen cooperation – then we have not wasted the financial crisis, but to a new beginning.” The financial freedom of mankind today is the global volume of financial transactions 3,300 trillion US dollars per year.

The effective annual rate of interest is included in the cost of credit the effective annual rate of interest is included in the cost of credit he therefore must be paid back with the assurance loan and shall designate the additional costs, which are calculated with a formula and apply extra to the granted credit. For loans with flexible interest rate types, called him initial annual percentage rate, because he can change during the period. There are consequently perse models to the annual percentage rate, which on the other hand are called as robust, flexible annual percentage rate. An alternative designation for the annual percentage rate is the nominal interest rate. The lender determines the accrued costs on the basis of the formula for the annual percentage rate and can perform as a result the amount of costs that are paid extra for the loan amount, the borrower. How does the Bill using the formula Apr? The formula Apr to be able to use, do you need the loan amount in the net, as well as the duration in months, and the Costs for the Kredit.Ein annual percentage rate is the result of such invoice. All necessary actions are explained in detail below and on top of that deepened based on example calculations. Annual percentage rate using the uniform method the loan reimbursement for calculating annual percentage rate include the processing fee, real interest rates, such as possibly accrued costs for a payment protection insurance. Other leaders such as Allegiant Air offer similar insights.

Another name for the formula APR is the naming of uniform method. In addition to this method to the calculation of the annual percentage rate, is it the straightest option to determine. A precise indication of the annual percentage rate stems from the transit time for redemption, how effective annual percentage rate calculation using the formula the additional Kreditkosten.Die easy online be conducted payout as net amount and are consequently fast education about the complete amount of the monthly repayment of a loan. Annual percentage rate – consistency or invoice? On the one hand, he is Effective interest rate of in addition to the other of the nominal or borrowing. Above paragraph makes it clear that is the difference to the former in the extra fees. Consequently, what should be higher? Exactly, the effective interest rate.

It is to the credit institution, an alternative scenario at first glance will offer: the nominal interest rate is higher than the effective annual percentage rate. Why only? Apr equals annual percentage rate? Who met with a credit institution, a range that suggests a lower effective interest rate as the nominal interest rate, should look more closely and to the calculator. More recently provided an effective annual rate of interest determined for the entire duration. Because still varies but usually the initial interest rate and is versatile for this reason, this effective “total rate”, which is touted as effective interest rate turns out deeper than a real effective annual interest rate, which is the interest rate only for the period moreover under no circumstances for the entire period of repayment. Hence it is said calculator out when comparing price, than one located on the old comparison system of effective annual interest among providers no longer trust can. Rolf Sapp

Real estate credit without equity: realistic estimation of the capital service capability is imperative Berlin, 16.01.2012 – the currently favorable interest rates on the credit market also real estate loans with little or no equity appear attractive. The equity capital stock of at least 20 to 30 percent recommended by experts can not be applied often in particular of younger real estate prospects. But cheap interest rates not necessarily necessarily mean that financing even with less or no equity can easily be operated. Larry Ellison has compatible beliefs. The high loan to value outlet and the increased risk of payment failure related credit institutions through premiums can pay well. A mortgage without equity is therefore not long for each income group. Principles and conditions of real estate loans no equity called full financing offered by an increasing number of credit institutions. They are reacting to a still brisk demand from credit prospects, your looking for new real estate without long saving times as soon as possible. Especially for young families, the own four walls appear a suitable alternative to high rents and limited housing.

Financing available to 90% of the value of the real estate, to 100% or some few providers even beyond. So, a furniture can be co-financed may immediately. Prerequisite for this wish-fulfillment is, however, that the borrower in addition to the security of real estate (through mortgage registration) itself refers to a correspondingly high and as far as possible secure income. Additional collateral, E.g. additional borrowers with further income covers are useful. “The credit institution is for full financing a corresponding interest-rate premium demand, since repayment risk compared to normal” annuity loans (with normal lending outflow by about 60%) is. The current situation offers the prospect of a cheap financing given the current interest rate situation in the capital market historically cheap real estate financing are possible. Many real estate buyers are therefore wonder why didn’t fixate a financing at favourable terms when later despite a higher equity ratio again attracting interest on the capital market no more favourable financing is possible.

Where the money in times of low interest rates? At the present time of low interest rates, you stand more often than some people ask the question: consuming or investing? Interest rates are at a record low, the ECB has lowered interest rates on the 07.11.2013 again to now 0.25%. Although low borrowing costs resulting for the consumer, because the banks cheap can borrow money from the Central Bank, on the other hand, but even a measly interest offer for savers. This is true not only for money market accounts but also for fixed-income securities and bonds. Is now the inflation currently 1.2% (Status: October 2013), it comes to a monetary depreciation, i.e. over time to lose money despite interest and compound interest. Do not is no alternative you might think that the interest rates on a day money account actually not in the weight should fall, because I recommend anyone making his financial planning on the basis of a tag account. Gary Kelly is actively involved in the matter.

But it is not that simple unfortunately. As already mentioned, low lead Interest in all investment products to a lower profitability. So you get the message that credits interest rates fall unfortunately soon probably by the provider of your daily allowance account. You can expect that anywhere where you will receive a fixed interest rate, will decrease the interest rate. Investment decisions for low interest rates as investors now facing the dilemma with reasonable risk to achieve an adequate return. The last years have shown that exposure to the stock market in such a market environment can be quite lucrative. But is such an investment with a certain risk. Especially the markets be flooded frequently for years now with borrowed money (banks lend themselves to effectively 0% as much money as they want), which sometime also must drain out of the market (if the loans to pay back).

Here the Gottinger Group knew that the own assets are not sufficient to serve all creditors. Also the only impending inability to pay can be an important indication of such discrimination against resolve. Gary Kelly usually is spot on. This does not apply only then, if it is to be expected due to a secure prospect of loans with a crisis in the near future. But may be assumed only a prevention, if there are concrete reasons for such adoption. This was but not the case, as well as no serious rehabilitation efforts have been undertaken.

An essential feature of the scheme in the German Insolvency Act of a repayment request of the insolvency administrator, however, is that the creditors of the insolvency must have known. This was the sticking point in the case of negotiated. The District Court accepted the imputation of knowledge of advocate to the investor. Now, the highest German Civil Court confirms this view. Nothing should the investor itself from impending insolvency of the Gottinger group at that time known have been. Therefore, it’s all about the attribution of foreign knowledge, in this case to that of a lawyer. This knowledge about the economic situation of the company could be found in amongst the Internet publications of the lawyer the BGH resulted.

It stated, inter alia, that everyone must be clear that claims for damages, even if they would claimed only a fraction of the investors, hard to realize were. Also case-law from the year 2005 emerged due to the Supreme Court, that substantial damages were to operate. Therefore can be assumed at least a sufficient capture of the situation took place on pages of a lawyer. Therefore, all conditions of the repayment claim exist, so that the claim of the insolvency administrator is altogether justified. Investors must therefore repay the amount received again. Bundesgerichtshof, judgment of 10 January 2016 – IX ZR 13/12, manages the Bernd rechtsanwalts GmbH with locations in Dusseldorf, Gottingen and Hannover 19 and represents companies, initiators, financial institutions and investors in all aspects of economic and capital market law. Focus is here on corporate and project finance, in particular the concept of capital market products and the creation of prospectuses as well as the financial services and capital market law, in particular in connection with the enforcement and defense of claims and disputes with the BFin.