Rene-Thierry Magon de la Villehuchet, with over 1 billion dollars of client funds invested in the Madoff failed 50 billion dollar ponzi pyramid scheme, lost his life to suicide. It is the understanding that Rene-Thierry experienced great sadness as he could not recoup the losses of of his client investors who believed in him. In this regard, Thierry died from his caring but broken heart.
Although we may not know him personally, many hearts globally are asked to reach out to his loved ones at this time. Meanwhile, we as participants in the human family should try to learn significant lessons from this sad event regarding our life paths and our global humanity. We can only speculate that perhaps he truly enjoyed investing for others, perhaps for his close friends, in anticipation of respectable returns. Perhaps his family, friends and colleagues were very proud of his skills and ability to secure their retirement objectives. We must always remember that Thierry was a member of our human family. He had dreams and social relationships that were meaningful to him and were valued by those who knew and loved him.
Perhaps this is an opportunity for global growth through awareness if we acknowledge that tragedies like this are preventable. From a perspective of global philosophy, placing trust in financial instruments for future security is far too stressful and unreliable in comparison to placing trust in human beings. Money and compensation systems, where at best some win and some lose, represent obsolete thinking. The human-created need and obligation to pursue, acquire, manage and protect money represent an advancement paradox, where what one logically believes to be a tool for global prosperity is a tool for global decline.
Tragedies such as this will continue to haunt the human race with disappointments, devastations and declines until global leadership lead to retire all financial systems and to replace them with the only assets capable of sustaining the future of humanity and are worthy of preservation and reinvestment – every global human being.
Adolf Merckle, one of Germany’s wealthiest men, committed suicide because of significant business losses during difficult global economic times. This tragic event flows in the wake of the recent suicide of Rene-Thierry Magon de la Villehuchet who lost over one billion dollars invested in the Madoff failed 50 billion dollar ponzi scheme.
As there are many news reports regarding the details of this event, the purpose of this commentary is to place this tragedy in light of broader global policies that make these suicides possible and provide the stimulus that guarantees future suicides from financial conditions.
Humans beings continue global exchange of resources based on money. Because every exchanging entity cannot sustain adequate amounts of money over the long-term, there lies the source for unequal distribution of essential resources globally. Unequal distributions of money cause unequal distributions of resources. These unequal resource distributions take the form of insufficient access to food, water, shelter, health care, technology and education. These same inequality engines drive global and individual psyche imbalances which guarantee manifestations in opportunities lost, jealousy, loss of self-esteem and dignity, perceptions of injustice, increased deaths from famine, increased motives for crime, increased suicides by those no longer willing to cope and to compete, war over land disputes and motivations to conceive means to restore a sense of balance.
The cycle of unequal distribution of resources contribute to financially-related suicides by sustaining the forced environment that encourages entities to compete for resources essential for the quality of human life. Under the current global distribution system, some must win and some must lose. This fact implies the existence of inequality.
Our universe operates to restore balance. Any imbalance is met with an opposing energy to restore equilibrium. Global distribution of essential resources require balance. Our global policy objective should be to derive mutual non-financial exchange models from a healthy global psyche such that all nations win. Some immediate benefits of such globally adopted policies are greater global peace, hope, dignity and humanity.