Posts Tagged ‘simon Dixon’

Tripple Dip Recession & The EU – Simon Dixon

A banker says European Union members will not reach an agreement on the trillion-dollar budget talks, paving the way for the breakup of the bloc.


This comes as German Chancellor Angela Merkel urges EU members to work together to reach a deal as the bloc’s 27 states remain divided on the one-trillion-euro 2014-2020 budget.

Press TV has conducted an interview with Simon Dixon, CEO of Bank to the Future.com, from London, to further discuss the issue. The following is a rough transcription of the interview.

Press TV: Tell us about, first of all, the significance of what the German Chancellor has said about them being not sure that an agreement is going to be made and how that might affect it all.

Dixon: I think what we’re seeing from the German side is some real honesty.

The likelihood of getting 27 countries to agree when we’re moving into a triple dip recession all around, when top of the agenda for most of the countries is austerity measures, budget cuts and trying to pay off the national debt, the likely of getting people to agree to a trillion stimulus for the European Union is highly unlikely.

It’s a refreshing change to actually hear to expect some hardness in getting everyone to agree.

Press TV: Tell us the affects, Mr. Dixon, if it does not happen. If an agreement is not reached, tell us the types of affects that we might see.

Dixon: It just adds to the rocky round that we’re seeing in the European Union right now. They better get prepared for that because the agreement won’t be reached, I’m almost certain of it.

The consequences are is there’s more pressure on the European Union, more pressure for the interrelations between its members. The pressure’s going to get a lot worse as we move into a worse economy in 2013 and more budgets are required to do more banking bailouts as well.

Press TV: Let’s look at that overall pressure that possibly is more on the EU and possible effects as far as the inter-union relationships. How do you see it affecting various countries?

Dixon: David Cameron and the British have been very outspoken on it.

There’s lots of pressure between the French, the Germans and particularly the Italians. Then we have some of the other members and the relationships aren’t very strong at the moment.

All this is going to do is put more pressure on it. I’m forecasting this year that we’re going to see some of the first exists from the European Union which will probably have the domino effect with others.

Simon Dixon

What I would tell Greece to do tomorrow if they asked…3 Simple Solutions for The Financial Crisis

So I am always asked to lay out my proposals for moving out of the financial crisis.

Well here it is -three simple things I would do from my book ‘Bank To The Future: Protect Your Future Before Governments Go Bust’.

If I was appointed to advise the new Greek parliament tomorrow, here is what I would advise them…

Firstly, get out of the Euro and default on any foreign debt. It is beyond control and the ECB (EG Big Germany) will take all your sovereignty and tell you how to run your country while stripping up all your countries assets and advise further austerity.

Once you have done this, time to re-build.

The Greeks are now faced with the perfect opportunity to be a pioneer for sustainable banking.

So second thing is, replace all the toxic debt based money created by banks, with debt free money.

Simply put, a newly appointed independent monetary authority creates debt free number money on a server.

I would use this to pay down the domestic national debt and this will pour a load of money into the economy without inflating the total money supply. You are simply replacing one form of money with another form, but without the interest.

This cannot be used to pay foreign debt, as the money will leave the country and not cause the necessary stimulus.

Now time to reform the banks by using some of this debt free money and lend it (once off) to all the Greek banks, equal to the amount of money they have created through loans.

This is followed by a legal Act that makes it illegal for banks to create money and they are forced to hold 100% reserves.

As bondholders money starts to reach the economy aa the government does not need to borrow anymore, people pay down their debts and the banks gradually repay this money back to the Greek treasury and this makes it’s way back into the country as the country reducing taxes for everybody.

Now we foresee banks to separate current accounts and investment accounts for their customers as described in the video and their is no liability on Greek taxpayers to bailout the banks again.

Society decides where they are going to direct their savings and the economy rebuilds itself sustainably based on the values of the Greek people, not on the values of the banks.

The Greeks are now more sustainable, more stable and more equal.

Love to hear your comments.

Simon Dixon

97% Owned Documentary The Positive Money Directors Cut

When money drives almost all activity on the planet, it’s essential that we understand it. Yet simple questions often get overlooked – questions like:

  • where does money come from?
  • Who creates it?
  • Who decides how it gets used?
  • And what does that mean for the millions of ordinary people who suffer when money and finance breaks down?

97% Owned is a new documentary that reveals how money is at the root of our current social and economic crisis. Featuring frank interviews and commentary from economists, campaigners and former bankers, it exposes the privatised, debt-based monetary system that gives banks the power to create money, shape the economy, cause crises and push house prices out of reach.

Fact-based and clearly explained, in just 60 minutes it shows how the power to create money is the piece of the puzzle that economists were missing when they failed to predict the crisis.

Produced by Queuepolitely and featuring Ben Dyson of Positive Money, Josh Ryan-Collins of The New Economics Foundation, Ann Pettifor, the “HBOS Whistleblower” Paul Moore, Simon Dixon of Bank to the Future and Sargon Nissan and Nick Dearden from the Jubliee Debt Campaign, this is the first documentary to tackle this issue from a UK-perspective, and can be watched online now.

Simon Dixon

TEDx – Simon Dixon ‘Changing The Rules Of Banking’

It was a great honor to present at TEDx last weekend. I have been a TED fan for years and have always believed that the message about banking is an idea worth spreading through TED.

But now we need your support in order to get tis message on the big TED stage where people like Bill Clinton, Bill Gates, Steven Hawkins, Tony Robbins, Richard Branson and the greatest minds and achievers in the world have shared their ideas.

Once that happens we can get millions exposed to the flaws in banking as some TED videos have up to 4 million views.

The next stage is to get as many views as possible on the TEDx video above on ‘Changing the rules in banking’ and clicking across to YouTube and sharing the video on Twitter, Facebook, Google Plus etc.

Lets tell the world about the flaws of banking so we can get that debate from the top.

For those of you new to TED, here is a little summary from their website:

TED is a nonprofit devoted to Ideas Worth Spreading.

It started out (in 1984) as a conference bringing together people from three worlds: Technology, Entertainment, Design.

Since then its scope has become ever broader. Along with two annual conferences — the TED Conference in Long Beach and Palm Springs each spring, and the TEDGlobal conference in Edinburgh UK each summer — TED includes the award-winning TEDTalks video site, the Open Translation Project and TED Conversations, the inspiring TED Fellows and TEDx programs, and the annual TED Prize.

Please spread far and wide.

Simon Dixon (@SimonDixonTwitt on Twitter)

Simon Dixon

Banking Reform – Bank To The Future, Protect Your Future Before Governments Go Bust Chapter 2 – The Debt Trap – Simon Dixon

Banking Reform - Bank To The Future, Protect Your Future Before Governments Go Bust, Simon Dixon

Banking Reform - Bank To The Future, Protect Your Future Before Governments Go Bust, Simon Dixon

Simon Dixon

Crowdfunding – Bank To The Future: Protect Your Future Before Governments Go Bust Chapter 8 – Simon Dixon

Crowdfunding - Bank To The Future: Protect Your Future Before Governments Go Bust, Simon Dixon

Crowdfunding - Bank To The Future: Protect Your Future Before Governments Go Bust, Simon Dixon

Simon Dixon

Third World Debt & Banking – Bank To The Future, Protect Your Future Before Governments Go Bust Chapter 11 – Microfinance – Simon Dixon

Third World Debt & Banking - Bank To The Future, Protect Your Future Before Governments Go Bust, Simon Dixon

Third World Debt & Banking - Bank To The Future, Protect Your Future Before Governments Go Bust, Simon Dixon

Simon Dixon

Unemployment – Bank To The Future: Protect Your Future Before Governments Go Bust Chapter 3 – The Free Economy – Simon Dixon

Unemployment - Bank To The Future: Protect Your Future Before Governments Go Bust, Simon Dixon

Unemployment - Bank To The Future: Protect Your Future Before Governments Go Bust, Simon Dixon

Simon Dixon

Freedom – Bank To The Future, Protect Your Future Before Governments Go Bust Chapter 1 – Economy Of Freedom – Simon Dixon

Freedom - Bank To The Future, Protect Your Future Before Governments Go Bust, Simon Dixon

Freedom - Bank To The Future, Protect Your Future Before Governments Go Bust, Simon Dixon

Simon Dixon

Social Banking – Bank To The Future: Protect Your Future Before Governments Go Bust Chapter 9 – Peer To Peer Lending – Simon Dixon

Social Banking - Bank To The Future: Protect Your Future Before Governments Go Bust - Simon Dixon

Social Banking - Bank To The Future: Protect Your Future Before Governments Go Bust - Simon Dixon

Simon Dixon

Crowdfunding – Bank To The Future: Protect Your Future Before Governments Go Bust Chapter 8 – Simon Dixon

Crowdfunding - Bank To The Future: Protect Your Future Before Governments Go Bust

Crowdfunding - Bank To The Future: Protect Your Future Before Governments Go Bust

Simon Dixon

The Inconvenient Truth About Banking – Bank To The Future: Protect Your Future Before Governments Go Bust Chapter 2 – The Debt Trap – Simon Dixon

The Inconvenient Truth About Banking - Bank To The Future: Protect Your Future Before Governments Go Bust - Simon Dixon

The Inconvenient Truth About Banking - Bank To The Future: Protect Your Future Before Governments Go Bust - Simon Dixon

Simon Dixon

Bank 2.0 – Bank To The Future: Protect Your Future Before Governments Go Bust Chapter 6 – Digital Money – Simon Dixon

Bank To The Future: Protect Your Future Before Governments Go Bust - Simon Dixon

Bank To The Future: Protect Your Future Before Governments Go Bust - Simon Dixon

Simon Dixon

Too Big To Fail – Bank To The Future: Protect Your Future Before Governments Go Bust Chapter 12 – To Reform Or Not To Reform? – Simon Dixon

Too Big To Fail - Bank To The Future: Protect Your Future Before Governments Go Bust

Too Big To Fail - Bank To The Future: Protect Your Future Before Governments Go Bust

Simon Dixon

Mobile Wallet – Bank To The Future: Protect Your Future Before Governments Go Bust Chapter 11 – The Mobile Smart Phone – Simon Dixon

Mobile Wallet - Bank To The Future: Protect Your Future Before Governments Go Bust - Simon Dixon

Mobile Wallet - Bank To The Future: Protect Your Future Before Governments Go Bust - Simon Dixon

Simon Dixon

Bank Of Facebook – Bank To The Future: Protect Your Future Before Governments Go Bust Chapter 7 – Social Networks – Simon Dixon

Social Media & Banking - Bank To The Future: Protect Your Future Before Governments Go Bust - Simon Dixon

Social Media & Banking - Bank To The Future: Protect Your Future Before Governments Go Bust - Simon Dixon

Simon Dixon

Bank To The Future – Protect Your Future Before Governments Go Bust Chapter 5 – The World Wide Web

Poverty - Bank To The Future: Protect Your Future Before Governments Go Bust - Simon Dixon

Poverty - Bank To The Future: Protect Your Future Before Governments Go Bust - Simon Dixon

 

Simon Dixon

Capitalism Is The Crisis Simon Dixon Reviews

So I was recently invited onto Press TV to review a documentary called ‘Capitalism is the crisis’.

It blames us business people for all problems in the world – from austerity to student debt to riots to bankers bonuses and everything in between.

Now if the documentary was called ‘banking is the crisis’ or ‘corporatism is the crisis’ then I think there would be an interesting case.

But, my experience of capitalism and the majority of capitalism consists of small businesses and entrepreneurs just like you and me, is the opposite of the picture the documentary tries to paint.

Every day I meet business people and attend a lot of Ecademy events.

7 times out of 10 I hear the same story -

An entrepreneur that seeks to solve a big problem in the world that is important to them. They create products to solve their customers needs and in many cases have a big vision and mission behind it.

Very often it is a social mission that they dared to dream they could impact.

In the process of trying to make their vision a reality they suffer financial hardship and often pay their staff first in order to make it happen. After many struggles they break through and to call them the cause of the crisis is a slap in the face of all their effort.

They were fed up of expecting the government to solve their problem so they decided to create a business to solve such a problem.

And guess what – staff and product cost money and effort deserves to be rewarded through profit.

For the documentary to blame these people for all problems in the world is both misleading and insulting.

I am sure the film maker comes from a good intent and I wrote to him on Facebook to check. I can confirm he comes from a real place of care, we just differ in views.

This old socialist v. capitalism argument is one that is completely false.

The reality is that banking has completely distorted the socialists view of capitalism and to call an economy like the UK where 40% of the workforce is employed by the government a capitalist country is dead wrong.

I also think on the flip side that banks have been exploiting governments for years and the capitalist view of socialism is warped too.

My hope is that one day we will realize that there is a roll for government, there is huge need for business, there is definitely a need for banking, but it may look a lot better when the government realizes we don’t need banks for the creation of money and in fact Google, Facebook, Amazon and Apple might do a good job at it too.

(And dare I say it BankToTheFuture.com too)

Anybody interested in this topic feel free to join me at Waterstones in London for some wine and the book launch of ‘Bank To The Future: Protect Your Future Before Governments Go Bust‘.

You can book a free ticket here if there are any left

Love to hear your comments if you cannot join me at Waterstones in person.

Simon Dixon
CEO BankToTheFuture.com
Founder of Benedix
Author ‘Bank To The Future: Protect Your Future Before Governments Go Bust’ & ‘Student To CEO: 97 Ways To Influence Your Way To The Top In Banking & Finance’

Simon Dixon

2012 Winners And Losers – Will You Still Be Playing in 2017?

So it’s become a bit of a tradition for me now.

Every New Years Day I pull out the financial charts and make some forecasts. (What a geek I know, it has been since my days trading for an investment bank).

So in true New Years tradition this morning I pulled out the charts to make some forecasts.

There is good news and bad news.

So lets start with the good news – we will have a market recovery in 2017 according to key points on the market charts.

The bad news – the markets are going to get progressively worse for the next 5 years.

So the questions are…

…what is going to happen between now and 2017, what is going to cause a recovery in 2017 and what do you need to do to prepare?

After consulting my crystal ball and studying several company charts here is my forecast…

The markets will not recover because we are not doing anything to fix a lie we have told the world called ‘banking’.

For decades we have had a progressive shift to rule by banks and countries worldwide are protecting the lie and creating policies with the specific intention of doing one thing – getting individuals, businesses and countries deeper and deeper into debt.

So any false temporary recovery you will see over the next five years will be because central bankers (Basically bankers), governments (In debt to the bankers) and economists (Spreading the lie we call banking at universities) will come up with a new plan for how to solve the worlds debt crisis, with guess what – more debt.

This will continue for five years. The markets will crash because they are reacting to the reality of unsustainable debt by individuals, companies and countries, followed by brief market recoveries when new innovation (A new form of Quantitative Easing, a new rescue plan, a new bailout plan, a new financial product called toxic shit) is released.

But the net effect of all innovation and policy will be to help individuals, companies and countries solve their debt problems with more debt!

Hence the brief unsustainable bursts of recovery followed by more bad news.

The rich / poor divide is going to get progressively worse in this period.

So what does that mean for your business, who will be the big winners in such a market…

…and who will just about survive past 2017…?

Simple…

The big winners will be any company that can serve the rich and the poor at the same time.

And the survivors…?

Companies that leverage the big winners.

So lets start with the big winners…

The biggest winners will have the following business model:

They dominate a market by offering something valuable for free to the masses, help those with little money to make money, and earn the majority of their revenue from those who have money.

Three examples…

Google dominates free search to the masses, hence they have the eyeballs of the world, they help small businesses make money by sharing their advertising revenue with those who place Google Ads on their sites, but the majority of their money is made from large advertisers who have lots of money.

Apple offers free iTunes and iPhones to the masses (When you sign a contract with a telephone company), allows developers and artists to make money by selling their albums and apps, but makes the majority of their money from people who can afford to buy everything Apple sells.

Facebook offers a place to socialise with your friends for free, allows developers to make money by selling applications and games on Facebook and makes the majority of their money from advertisers with large budgets.

Other big winners…

Others that will do well are businesses that dominate an essential market, have access to the financial markets for capital raising and help people buy stuff cheaper.

Three examples:

Tesco and Sainsburys are established public companies that offer something we cannot live without cheaper than most corner shops – food.

Amazon and Groupon allow us to buy goods cheaper than we can get anywhere else and are large public companies (Or will be). They also allow people to make money by selling their goods.

Ebay allows us to buy goods on the cheap and allows people to make money.

So what about the survivors…

Well, it will be a challenge, but if you leverage the big winners over the next five years, you will make it to the end of the tunnel in 2017…

Lean businesses that partner with Google, Amazon, Apple, Ebay, Facebook, PayPal, Tesco etc. will make it.

So if you own a business that partners with the winners to get eyeballs to your service by having free Google search engine results, Apps on the App store, books and products on Amazon and kindle, communities and followers on the social networks, local services at discounts on Groupon, products on Tesco’s shelf or auction things through Ebay, then you may be OK.

The moral of the story, if you continue to make the big winners richer, you will be able to come out on the other side ready for the boom in 2017.

The challenge is making sure you have enough capital to make this happen by having a tiny overhead. Fortunately that is possible today.

So that is my forecast, but what about the rest?

Unfortunately most will be a statistic in the market crash as more and more go under.

And what will happen in 2017?

The next five years is going to cause the public to get very angry and will eventually lead to mass riots as more and more become unemployed.

By the end of it, the lie we call banking will be exposed and their business model will be disrupted, releasing the world from the death grip that banks currently have over our world.

We are in this economy because we are holding on to a banking system that cannot work and the undisruptable will finally be disrupted after the masses demand it by 2017…

Love to hear what you are up to in 2012…

Simon Dixon
CEO BankToTheFuture.com
Founder of Benedix
Author ‘Bank To The Future: Protect Your Future Before Governments Go Bust’ & ‘Student To CEO: 97 Ways To Influence Your Way To The Top In Banking & Finance’

Simon Dixon

Peer To Peer Lending – will it replace banking?

Peer to Peer Lending – Will it replace banking?

OK.

If you have been following my blog…

You will know that Keep Reading…

Simon Dixon