by Pepe Escobar
The new global nativism? Perhaps a new push towards democratic socialism? Too early to tell.
Once again. A body blow, not a death blow. Like the cast of The Walking Dead, the zombie neoliberal elite simply won’t quit. For the Powers That Be/Deep State/Wall Street axis, there’s only one game in town, and that is to win, at all costs. Failing that, to knock over the whole chessboard, as in hot war.
Hot war has been postponed, at least for a few years. Meanwhile, it’s enlightening to observe the collective American and Eurocrat despair about a world they can’t understand anymore; Brexit, Trumpquake, the rise of the far-right across the West. For the insulated financial/tech/think-tank elites of liquid modernity, criticism of neoliberalism – with is inbuilt deregulation, privatization a-go-go, austerity obsession – is anathema.
The angry, white, blue collar Western uprising is the ultimate backlash against neoliberalism – an instinctive reaction against the rigged economic casino capitalism game and its subservient political arms. That’s at the core of Trump winning non-college white voters in Wisconsin by 28 points. Blaming “whitelash”, racism, WikiLeaks or Russia is no more than childish diversionary tactics.
The key question is whether the backlash may engender a new Western drive towards democratic socialism – read David Harvey’s books for the road map – or just nostalgic nationalism raging against the neoliberal Washington/EU/NAFTA/ globalization machine.
Read my lips: much lower taxes
Trump is proposing to turn the tables on the neoliberal game. Throughout his campaign he criminalized free trade – the essence of globalization – for decimating the American working class, even as US businesses blamed free trade for forcing them to squeeze workers’ wages.
So let’s see how Trump will be able to impose his priorities. In parallel to addressing the appalling structural decline in US manufacturing, he wants to pull a China: a massive $1 trillion infrastructure project over 10 years via public-private partnerships and private investments encouraged by lower taxes. That’s supposed to create a wealth of jobs.
Lower corporate taxes in this case translate into a whopping $3 trillion over 10 years, something like 1.6 percent of GDP. That would be the way to incite huge multinationals to repatriate the hundreds of billions of dollars in profits stashed abroad. This fiscal shock would create 25 million jobs in the US over the next 10 years, and propel a 4 percent growth rate.
And then there’s the protectionist drive that will renegotiate NAFTA and kill TPP for good. Not to mention raising import tariffs over manufactured products (many by de-localized US multinationals) imported from China and Mexico.
It’s open to fierce debate how Trumponomics will manage to square the circle; with more economic growth fueled by less taxes, imports will rise to satisfy internal demand. But if these products are subjected to stiffer tariffs, they will become more expensive, and inflation will inevitably rise.
Anyway, the bottom line of protectionist Trumponomics would be a huge blow against global trade. Deglobalization, anyone?
Asia braces for impact
Predictably, the heart of deglobalization will be the Trump-China relationship. Throughout the campaign, Trump blamed China for currency manipulation and proposed a 45 percent tariff on Chinese imports.
In Hong Kong banking circles, no one believes in it. Key argument: the already strapped basket of “deplorables” simply won’t have the means to pay more for these Chinese imports.
Another thing entirely would be for Trumponomics to find mechanisms to hurt US companies that de-localize in Asia. That would translate into serious problems for outsourcing Meccas such as India and the Philippines. Outsourcing in the Philippines, for instance, serves mostly US companies and attracts revenue as crucial to the nation as total Filipino worker remittances from abroad, something like 9 percent of GDP.
It’s quite enlightening in this context to consider what Narayana Murthy – founder of Indian IT major Infosys – told the CNBC TV-18 network; “What is in the best interest of America is for its corporations to succeed, for its corporations to create more jobs… to export more… so I’m very positive.”
our months ago Nomura Holdings Inc. issued a report titled “Trumping Asia”. No less than 77 percent of respondents expected Trump to brand China a currency manipulator; and 75 percent predicted he will impose tariffs on exports from China, South Korea and Japan.
So no wonder all across Asia the next months will be nerve-wracking. Asia – and not only China – is the factory of the world. Any Trump trade restriction over China will reverberate all across Asia.
Brace for impact: deglobalized Trumponomics vs. Neoliberalism will be a battle for the ages.
” the rise of the far-right across the West. ”
-I always find that term frustrating, “far right”/”extreme right” as most of these movements, are not right at all but left, in the sense that they want to protect the working class. There is also nothing “far” or “extreme” about these movement, UKIP, SD, GD, Trump, FN, PVV, FvP are more like what is normal around the world. They represent a normalisation of western society, not a radicalisation.
It is not normal to bring in millions of muslims that cant even read to compete with the native workforce and then allow these immigrants to systematically rape and commit horrid crimes against the local population with the support of media, police and establishment.. That is not normal, that is extreme, all these new movements are simply the reaction of normal people as they understand what total lunatics are in power now..The PC-elite are extreme, the nationalist are normal.
The average westerner does not want become a minority in her own country, she does not want endless war, she does not support al-qaeda in Afghanistan/Syria/Libya or nazism in Ukraine, nor does she want war with Russia over Ukraine or Syria, she does not support queery theory or gay supremacism or whiteness studies, she does not support any of the things her elites considered normal, but she and the rest of her people and indeed the rest of the world considers extreme and insane.
PC-fascism is extreme, nationalism is normal.. Then there is of course nationalism in eastern Europe, such as Ukraine, Poland, Baltics, which is retarded and very different from nationalism in the western world, but that is a another matter.
Anon, I wish I shared your optimism.
I think your basic point about populations reacting to protect their societies is correct, yet at the same time I’m pretty sure things are going to hell, because I don’t see much evidence that people understand how this situation came to be and what’s ahead, and don’t have much of a sense of genuine community. Instead I see nationalism in largely destroyed communities (or this liberalism in just as destroyed communities), with a tinge of actual patriotism (because nationalism is easy and patriotism demanding and more difficult).
A lot of the people reacting against business as usual in the West still seem to feel incredibly entitled to a lifestyle they see themselves being cheated out of. The cheating is true, but the entitlements and lifestyle can’t last in any case, and I don’t see willingness to give it up for the sake of community, better living and a livable future. The future will each year yield less “prosperity”, and then at some point a lot less.
Russia is still seen as the enemy. The same media that is sometimes understood to nothing but lie come domestic politics and especially refugees, is suddenly expected to serve our interests in foreign policy. And brown people in the South and in Asia are almost universally expected to keep serving and servicing our collapsing economies. That last one isn’t necessarily an outright vengeful kind of racism, but it is deep-seated racism and colonialist expectations all the same.
With expectations like these, and an almost universal lack of maturity like this, people become easy to drive this way or that. I don’t think that in reminding ourselves of the horrors of “True” fascism, we should think the people who got on board with that were somehow very different from us. A lot of the time for us in the West, they were actually our relatives. I’m fairly sure most Ukrainians were not 30 years ago ideologically where many are now, and as for the rest of the West, including Central and Eastern Europe, I believe only minorities actively resisted Axis Fascism and large populations thought well of it or at least went along for the sake of national, social unity (politically manipulated and otherwise such as it was).
Well, nationalism in Europe has a long road ahead, culturalmarxism has totally destroyed W,European communities and W.European culture, it is ironic that eastern European countries under economic-marxism has more intact cultures then then of the west that lived under culturalmarxism. You will see countries like Hungary and Poland resist even the slighest immigration.
If muslims had massraped Russians girls, then Russians would have hunted them down and beaten them up, and the court would have supported the Russians, in the west when that happens, no western man does anything, execpt at the most write an angry post on facebook and if he does he is arrested for “hate-crime”/No joke and the court sentances him to fines or prison while it lets all the rapists go.
And this does not trigger wide-spread outrage or riots in western countries. To compare, when an american soldier in Japan raped a Japanese girl, tens of thousands of Japanese men and women protested. When hundreds of German girls are raped by thousands of muslims, there are no protest, execpt by leftists who protests against German racism towards poor muslims./No joke.
There is exactly zero racism from Europeans towards any non-white people, on this planet you cannot find a less racist and more sumbissive and defeated people the W.europeans, an average western European colleage student will actually talk about how good it is that whites are becoming a minority in their own countries, because they need to be exterminted to end “racism”. Meanwhile non-whites are ultra-racist and ultra-violent towards whites, with organised massrapes and games such as “knock out game” where black gangs try to beat white old people unconscious with one hit being a common thing. White girls in Rotherham UK will report that being raped by arabs is a daily occurance, and police doesnt do anyting and media doesnt report it and the politicans accuses the girls of being bigots if they speak of it.
“ROTHERHAM ABUSE SCANDAL: Horrific reality of ‘industrial scale’ child grooming revealed”
http://www.express.co.uk/news/uk/697583/Rotherham-abuse-scandal-child-grooming-gangs-industrial-scale-victims-CSE
Nobody sees Russia as the enemy but the old PC-elites, the biggest problem is the ones that has infested MSM and continue to spread lies and propaganda 24/7 to those willing to listen, I am not certain how they will be dug out, we will see what Trump and other nationalist do, but these PC-fascists are on the way out either way, Trump does not see Russia as the enemy and none of the nationalist parties view Russia as the enemy, quite the opposite they are all very pro-Russian some of them, such as FN lead by Marine Le Pen is even funded openly by Russia.
FN is not funded by Russia, but has a rather expensive loan from a Russian bank. Most non whites are decent people. Rotherham incidents can occur due to paralysis of society by policorr. North African or Albanian (etc.) thugs (but white hooligans as well) jump into the vacuum created by it.
In the Netherlands we have a ´vlogger´ of N- African descent now who molests and insults elderly people, vandalizes shops and cars, and puts this on Youtube. He is invited for debates and on TV as a ´journalist´, where he demands apologies of the mayor and the prime minister!
The Muslim rapist argument is an extremely disingenuous one, much like claiming there is no racism in Western Europe. Neither shows or helps with a genuine concern with where we are headed and how this came about.
Mass rape in Europe is an entirely normal and everyday occurrence, as we live in a rape culture. Rapes are perpetrated by far domestically, by men who well know the victim. As is incest. The argument that Liberals are against mass rape and somehow for equality falls completely flat because of this(among many reasons), because rape is taboo to speak about, but completely normalized in how it’s tolerated, and because supposedly women-friendly Liberals, especially the Liberal elites, have been perfectly fine with destroying any Eastern European countries economically, now also militarily, forcing tens of thousands of women into sexual slavery, often into brothels in the West. The argument about Muslim rapists is equally willfully blind to the nature of sexuality violence.
Mass rape in DRC (Congo) ties the inherent Western racism into this. I’m typing this on a phone made perhaps from artisanally mined rare earths in DRC. DRC was destroyed for mineral access and mass rapes in a socially broken patriarchal culture were one predictable result. None of this is visible, because mass rapes by black men are of little propagandistic value, when they happen to black women, whose labor and lands (and bodies) our Liberal establishment wishes to exploit. This is institutionalized racism, institutionalized economically and in media, for example, and in structurally racist advertising, which obviously affect how we conduct our daily lives and how we perceive the world. “Solutions” is another discussion entirely.
Rubbish nonsens. The numbers for all western states in Europe are clear if it comes to rape. Especially gang rape is a kind of culture which is used from muslim minorities in Europe. In Sweden the number of rapes is based nearly to 100% of foreign origin. And its the same with common crime, theft as well as heavy violence. In Germany thanks to open border policy of cultural marxists like Merkel robbery is increasing since two years every year in a row by 40 percent. People like you are the real racists. You are not just denying the responsibility of the imported “new citizens” which are settled down to European countries to replace the “unwilling” people their you even praise it. If I take your text and would replace between the lines your male and white hatred with the words Jew or jewish, you would call it a perfect example of antisemitism. What you are doing is not just to justify genocide, it sounds like you even celebrate it. People like you are the new “Herrenmensch” and submitting to your requests is a must. Your hatred is in itself such a hilarious simplified version of the world that its hard to handle you even as an adult one. People like you are the problem. People like you are voting people like Clinton. People like you justifying wars, genocides and even rape for the greater good. And this makes people like you so dangerous like a rabid dog. You have blood on your hands. But never forget, everything in life has a price. To spread lies, justifying crimes as well as crazy forms of fascism which are colored as “multiculturalism”. Karma is a bitch.
A generally excellent comment.
One observation:
“The future will each year yield less “prosperity”, and then at some point a lot less.”
Not necessarily, there’s more than enough for a decency of all life, World GDP – per capita 2015 est. : $15,800
http://www.indexmundi.com/world/gdp_per_capita_(ppp).html
Currently yes, though a huge part of that is all this junk that helps nobody live well, and it’s all incredibly unfairly hoarded. Machines for machines’ sake, serving only this machine culture, not life.
At the same time, the world can’t sustain this level of taking everything for human use. Oceans have been reduced to less than 10 percent of the fish who were there a bit more than a hundred years ago. Less than one tenth. A recent estimate projected the energy in a barrel of oil available for economically productive activity to reach down to zero by 2030 at the latest, and apparently more realistically by 2022. That means no oil industry, no globalized economies and so on. Much less to eat.
Yet again, I largely concur.
“At the same time, the world can’t sustain this level of taking everything for human use.”
I agree with the sentiment but also have a massive interest in technical innovation & development.
For example, energy: while some of this may be mere science fiction some could become science fact
https://hbr.org/2009/09/six-sources-of-limitless-energy
A number of family members are involved with Biological Chemisty and epigenetic research – my single biggest concern is the physical augmentation of the elite (via their money) and a further separation of the species into the haves/nots.
On balance, not hopeful.
Of interest might be Lewis Mumford’s writings on authoritarian vs. democratic technics, and in a similar vein Dmitry Orlov’s upcoming Shrinking the Technosphere. The basic argument I would make is that these authoritarian technics have become the real authorities, seeking to supplant life with themselves, and that non-machine life on the planet cannot survive yet more energy inputs like these.
Other sources of energy will be used to exploit the extraction of petroleum products and natural gas. These are ideal for transportation, particularly aviation. There will be a shift from using heating oil to renewables, better insulation, and fashionable long underwear so we need to heat less.
You can also see the economies being made by new vehicles. The on-board computer turns off the engine at a stop and quickly restarts it when the light changes…
LED lighting used a tenth the energy of traditional lighting. Expect to see this displace almost all traditional lighting in the next five years.
Getting more energy can be from increasing resource extraction or from reducing consumption, ideally by more efficient exploitation of the energy used. Which is the best investment depends on a number of factors, such as the cost of capital, interest rates, payback period and risks.
As a consumer, there is no need for pessimism.
“As a consumer, there is no need for pessimism.”
Oh yes there is, and more than most people realize.
True, technology makes almost anything possible, but human greed eliminates mostly all the advantages. Programmed obsolescense gets more of a problem day after day and isn’t even something recent. It’s a well organized phenomenon since the year 1929, when the light bulb manufacturers were the first to mutually introduce p.o.
I disagree with this idea that technology can solve all our problems. As to LED, for example, it is more economic but it damages our eyes and disturbs our sleep. Besides, nature continues being exploited, as we do not seem to learn how to recycle/reuse everything… This issue will have to be discussed for the years to come if we want to find some near-solution.
I disagree with the idea that technology can solve all our problems. As to LED bulbs, for example, it is more economic, yes, but it damages our eyes and its artificial colur disturbs our sleep. Besides, nature continues being exploited, as we do not seem to learn how to recycle/reuse everything… This issue will have to be discussed for the years to come if we want to find some kind of solution.
These are very difficult things to take in an yet continue living with an open heart and with purpose. Just like rape culture is.
“The cheating is true, but the entitlements and lifestyle can’t last in any case, and I don’t see willingness to give it up for the sake of community, better living and a livable future. The future will each year yield less “prosperity”, and then at some point a lot less.”
Yes, but the true reasons for this loss of prosperity is not because of more equality, the poor colonialized people are still getting poorer as well. It’s the incredible scam of the monetary system that sucks all of us dry. It’s the biggest Ponzi scheme ever.
We could all be working just the time to get the necessary work done, sharing the workload. Everybody on this world could have a good roof over the head, sufficient good food, care, and whatever more, while polluting and wasting much less and preserving our planet, if just we weren’t working for a bunch of banksters and their ways of staying in power.
Everything upside down, all those incredible injustices are there to preserve the status quo. The Pentagon or NATO? The banksters’ strong arm, working (fighting, destroying) only for them, and all of that financed by the hard-working and suffering citizens of this world. Intelligence services? Our governments? Idem! Working for them. Our totally unreliable MSM? The banksters’ ruthless propaganda machine, and with their unrelentless efforts it’s not more than logical that nationalism will more easily turn into vile fascism than into patriotism let alone humanism…
Solution? Confiscate/nationalize the central banks and perform asset forfeiture of all capital owned by the central banking cartels and families owning the central banks and their affiliates. No more creaming off of the wealth, no more wars, no more war related waste, etc. Everybody happy (and rich).
I thank you Anonymous. One gets so blithering TIRED of hearing that someone other than the American people should decide the numbers of immigrants. Of COURSE our too many Mexican immigrants take jobs from not-very-plump-in-the-pocket Americans. Our Black people are especially hit by the tsunami of immigration. I’ve an enormous affecition for the hispanic culture; that’s why I’ve troubled myself to learn the language. But I don’t want to wipe out America. I want to wipe out the oligarchs and SAVE America. Are all of these Soros riots their pressure on Trump to conform?
I haven’t had time yet to research the changes he wants to banking law. The Republican platform calls for a return of Glass-Steagal, but no one is even mentioning that. Trump supports the Financial CHOICE Act which has passed the house– as a replacement for about 3 other kinds of regulation. http://www.forbes.com/sites#/sites/norbertmichel/2016/09/12/dodd-frank-relief-moving-through-u-s-house/2/#67e7859632ed
I know Trump’s desire to open medical insurers to cross S.tate lines will deprive people of their State’s protections, since insurers are regulated only in their home state & all will register in the State with least regulation.
—
Here’s an interesting bit: http://www.morningstar.com/news/market-watch/TDJNMW_20161103637/fed-independence-should-be-scrapped-given-economic-challenges-summers-says.html A central tenet of Federal Reserve policy — that a central bank should remain independent from the national government — is outdated, in light of the lack of demand suffocating the economy, said former Treasury Secretary Larry Summers on Thursday.
Central bank independence “comes from an understanding of the macroeconomic policy problem that is not relevant to current times,” Summers said in a speech at the International Monetary Fund.
Central bank insulation was needed in the 1970s and 1980s to combat inflation, Summers said. That’s because the White House and Congress sometimes saw the short-run benefits of unexpected inflation, while the Fed kept its eyes on the long-run costs, he said.
Do you believe that? The world’s Central Banks are “independent” of their host govts so that they can be under the control of the international banking cabal via the Fed/IMF system.
” But I don’t want to wipe out America”
If your US born half brother or sister were forcibly
repatriatedevicted to Mexico would your opinion change?What are the details of the case?
What laws are currently on the books that relate to this case?
Katherine
re-posted
https://www.youtube.com/watch?v=YOxGzkUh18U
Australia seems to be doing this to New Zealanders living there. Kicking them out on the slightest pretence or jailing them on Christmas Island for some tenuous reason. Not much in the press, condemnation or otherwise about the Australian’s governments shenanigans. And the treatment of asylum seekers/boat people on Nauru by the Australian government has also been forgotten. The point of my post is that this kind of thing is happening in countries other than the US, but nothing is made of it.
For greater insight into this see = The American Monetary Institute (Google it)!
The use (and mostly abuse) of terms like far-right, extreme-right, fascism, ultra-nationalism, etc are the hangovers of decades of ‘cultural marxism’ brainwashing through ‘language manipulation’.
Trump has said he will work with Syria and stop using terms such as “moderate rebels”!! What a glorious man, he will bring prosperity and peace to mankind,
“Избранный президент США Дональд Трамп заявил, что готов сотрудничать с Дамаском в борьбе с террористической группировкой «Исламское государство» (ИГ, запрещена в России) и прекратить помощь так называемой умеренной сирийской оппозиции. Об этом сообщает The New York Times.
«Мой взгляд на ситуацию в Сирии значительно отличался от мнения многих других. Я считаю, что если вы сражаетесь с Сирией в то время, как Сирия борется против ИГ, вы помогаете ИГ», — приводит газета слова Трампа.
Миллиардер отметил, что «Россия сейчас является союзником Сирии, и теперь еще Иран, который становится все более мощным благодаря нам, также стал союзником Сирии». «Хватит сражаться против России и Сирии», — указал он.
Трамп также заявил, что склоняется к тому, чтобы прекратить поддержку умеренной сирийской оппозиции. «Мы их не знаем, — объяснил он. — Кто все эти люди?»
Издание напоминает, что аналогичных взглядов избранный президент США придерживался и ранее. «Я не говорю, что [сирийский президент Башар] Асад хороший человек, потому что это неправда. Но наша главная проблема — не Асад, а ИГ», — заявлял Трамп в марте 2016 года.
https://www.lenta.ru/news/2016/11/12/trump_syria/ – цинк
PS. Если в данном вопросе слова Трампа не разойдутся с делами в 2017-м году, то нам предстоит увидеть немало чудесных переобуваний в полете тех персонажей, которые еще недавно топили за “сирийскую оппозицию”. Стоит так же отметить, что такой поворот политики США в отношении сирийских оппозиционеров отчасти выгоден и самим США, так как с помощью Трампа можно свалить всю ответственность за шашни с ИГИЛ и “Аль-Каидой” на администрацию Обамы, тем более, что де-факто США уже оказались вынуждены воевать со своими бывшими пособниками. А при Трампе можно сделать хорошую мину при плохой игре и заявить, что так и было задумано и “цитадель демократии” всегда хотела бороться с терроризмом, а не культивировать и спонсировать его с целью свержения неугодных режимов в Северной Африке и на Ближнем Востоке.
Данный поворот вполне может быть поддержан теми кругами в Пентагоне, которые уже несколько лет критиковали администрацию Обамы за то, что обучение боевиков не эффективно (в том числе и по-причине внутренней коррупции) и помимо этого, США сами обучают и вооружают своих будущих врагов, так как управлять этой публикой крайне затруднительно.
Отказ от публичных планов свержения Асада для США в нынешних условиях так и вовсе ничего не стоит, так как реальных возможностей свергнуть Асада (без риска втянуться в полноценную войну с РФ и Ираном) у США сейчас нет. Поэтому эти планы можно отложить в долгий ящик, сосредоточившись на задачах войны с Халифатом, победа над которым в первый год правления Трампа, может принести ему и республиканцам различные внешнеполитические и внутриполитические бонусы, особенно в сравнении с никчемной политикой Обамы на Ближнем Востоке. Так что не стоит слишком сильно удивляться подобным пассажам Трампа – они отнюдь не от больших симпатий Трампа к РФ и Сирии, речь идет прежде всего о пересмотре ближневосточной политики США в интересах Вашингтона, а отнюдь не других стран.
Тем не менее, данный поворот в американской политике, если он произойдет на практике, конечно сильно облегчит положение Асада и поможет ему существенно укрепить свои позиции.”
http://colonelcassad.livejournal.com/3063026.html
Forget labels such as extreme and normal and consider what is sensible and works.
An economy should be set up so that people work and get enough from that to buy others’ products and ‘keep the blood circulating’.
China has to pay it’s workers more so they can afford to buy Chinese goods, and so does the US. For trade, costs of productions have to have some parity so goods can be exchanged without incurring huge trade deficits. Wealth equality has to be reduced within nations to keep it in balance, and if done between nations then trade is beneficial.
Balance and parity in technology is also needed for foreign trade to be sustainable because resources are limited and such natural advantages can’t be sustained forever.
In short, national and global economies have to be set up for balanced, workable and sustainable systems, with inherent changes and instabilities adjusted for by planned and robust feedback loops and adaptability for varying circumstances (like an automobile being able adjust mixture, engine speed, gears, etc. to adapt to hills and road speed, in controlled ways). Yes, an economy requires planning as well as horizontal management — not chaotic “free markets” based only on individual greed and capriciousness.
Part of this will be migration and the work force, of course — but calling refugees from adventurism and the destruction of other countries ‘migrants’ is obscurantism. It’s not like all the people in a war torn country just up and decided to move somewhere else for no compelling reasons, because they happened to just fancy pulling up roots, disrupting their families, cultural norms, and lives to go somewhere else. It isn’t like all the workers in Detroit decided to leave because they got tired of shoveling snow — that they were forced to abandon their homes.
If systemic consequences are not accounted for in foreign policy than such policy is stupid, incompetent, and destructive.
Blue, it souds very much as if you are in favor of global governance w the oligarchs driving the car. I’m sure you are not, but all this equality & parity & balance that you are talking about is just what they are proising. Not liberty, self-government or decentralized decision-making.
Unnecessary trade is being forced upon us– that is, excessive trade: The Washington Consensus, a part of neoliberal economics provides that all countries labelled “developing”– most of them & including Russia– may not issue their own currency or credits except in an amount equal to their export earnings. So in order to increase the money supply for investment/development countries look for ways to increase exports. This creates an enormous, irrational & uneconomic push for trade (expors). The distortion of a nation’s economy is immense. Many countries have greatly decreased growing FOOD for their own people in order to grow soybeans or cotton for export. This policy of tying currency/credit creation to trade (export) is a policy that should be eradicated. It’s an important means by which globalization is being forced on us.
It’s a profound error to say we must make this excessive, forced and inappropriate trade function by making the costs of production everywhere reach a parity, etc. Get RID of the policy. Allow Central Banks to be ruled by their own govts instead of being “independent” which means ruled by the international banking cabal.
Countries should trade voluntarily according to arrangements, often bilateral, which are amenable to the interests of their own populations. NOT according to rules set up globally to enrich the international oligarchs.
“Countries should trade voluntarily according to arrangements, often bilateral, which are amenable to the interests of their own populations. NOT according to rules set up globally to enrich the international oligarchs.”
What about the rules to enrich the National Oligarchs?
Apparently the USSR had a paltry export trade https://en.wikipedia.org/wiki/Foreign_trade_of_the_Soviet_Union
“Soviet foreign trade played only a minor role in the Soviet economy. In 1985, for example, exports and imports each accounted for only 4 percent of the Soviet gross national product. The Soviet Union maintained this low level because it could draw upon a large energy and raw material base, and because it historically had pursued a policy of self-sufficiency.”
Why now not just kick out the Capitalists and implement what the people had known was good for them by a ratio of nearly 4 to 1 – the continuation of the Soviet Union
https://en.wikipedia.org/wiki/Soviet_Union_referendum,_1991
Of course, more than a few tweaks would be required to that system but, even then, it would be preferrable to the one which exists today.
I’ve kept hearing talks of the bad conditions of China’s economy, and indeed the world economy, I can imagine Trump removing the privileges China has right now in Trade could cause the Chinese economy to collapse followed by the rest of the card-house.
You have been listening to propaganda, the Chinese and Russian Economies aren’t near collapse, Russia has just left a recession, despite the US imposed illegal sanctions.
China & Russia have huge amounts of gold and are pushing for gold backed currencies via BRICS, which is why they were excluded from TPP-TTIP-CETA ‘Agreements’ these were to be signed as ‘Treaties’ and once all three were signed, would have united all those nations as ONE.
A One World Government that would force in the rest by war, military, financial or sanctioned. While Syria and Ukraine [who were to join BRICS under Yanukovitch] have been going on, America have Regime Changed Argentina and Brazil!
An economy collapses when it cannot feed its population, not when it does not produce cell-phones.
I think that what Trump intends to with China namely raise US tariffs for imported goods from the “Middle Kingdom” i.e. the factory of the world, will paradoxically raise Chinese living standards. Curretlny the Chinese currency, the Yuan Renmimbi is undervalued to boost Chinese exports. Once Trump builds his protectionist wall, the Chinese Central Bank will have no choice but to raise the value of the Yuan Renmimbi with respect to the US Dollar. As a consequence the average Chinese consumer will have a drastically increased buying power, and instead of exporting their goods for worthless toilet paper Greenbacks (US Dollars) they will finally be able to enjoy the fruits of their labor. China in the future will base their economy on internal consumption (as the US once did) instead of being the low cost factory of the world. Paradoxically this will further strenghten China’s position as the dominant superpower. Mind you switching its economic model from cheap exports to internal consumption, will be painful for a while. Conclusion Buy Yuans While Its Cheap!
Haha, so funny that China refers to itself “The middle kingdom” to modernised the meaning it basically says “Centre of the Universe”, no ethnocentrism there for sure lol. :)
And the USA calls itself the land of the free!
All countries build on their history and the images and ideas that their histories provide for them.
The embodiment of France is “Marianne.”
BTW, both Brigitte Bardot and Catherine Deneuve have been the official embodients of this embodiment.
Katherine
As I understand it, at some point in its history, China consisted of a kernel of states that were ruling a number of more peripheral states. This kernel was known as “The Central States”, which has been badly translated as “The Middle Kingdom”. Somebody more qualified than I should step in here and explain.
Ouroboros,
Your statement in more close to truth.
中国 or 中國 in traditional character is literal means “middle country” in direct translation. 國 means country, if you study Chinese characters, you will know it has a border (the big square), within the border, there are people (the little square), and weapons (the right side or the rest of character). America is 美国, England is 英国, Thailand is 泰国 and etc. You can see it more here, each one of the country without character 国, you can add one there to complete it. But everyone know what you talk about without: http://www.nationsonline.org/oneworld/countrynames_chinese.htm
中国 is very neutral name with no emotion attach to it.
At time of Zhou, the empire has a extremely beautiful wife, but she never smiled. So the empire asked the servant to light the fire on top of the great war, and call in arms from peripheral states, and wanted to see if such a large events will make his wife smile. At sight of the rushing in army from many states, the wife finally smiled to his delight. But the armies saw no emergency. The empire was in decline and clueless, the peasants wither out side of palace gates. The peasant raised up and formed an armed uprising, when Empire light the fire on top of great wall in real emergency, no one showed up….
中国 or 中國 in traditional character as I sated above, 中 means middle or center. It can mean geographical or political. The ancient Chinese capitals were more to the west, around Xian, therefor in the middle, or center of land mass.
How will they enjoy the fruits of their labour – there won’t be any of that for many (or most).
In this example the Taiwan based parent is already shedding 10’s of thousands of Chinese jobs in favour of machines. These are exactly the same jobs that Trump was referring to returning to the US rust belts (why?).
The Forbes report link at the end of comment starts with
Quote:
“Donald Trump has been claiming that he’s going to get Apple AAPL +0.61% to make its products in America again but the economic truth is what Apple’s Steve Jobs once told President Barack Obama: Those jobs are never coming back.”
and continues
“More companies will indeed follow suit. Chinese manufacturing labor costs around $6,500 a year or so these days (depending on exactly where in the country) so a little over $3 an hour. That’s not work that any American would be willing to do, and rightly so. The greater general productivity in the U.S. economy means that they’ve very much better things to do with their time. But if even at $3 an hour those jobs are being replaced by robots there’s no way at all that those jobs are ever going to come back to the U.S.”
The report goes on to describe that the “High End” jobs relating to this product are already in the US
“In any proper economic sense Apple does manufacture in the U.S. The part of the process that we want to be doing is the one that adds value. Apple’s margin (gross) on iPhones is something like 35%. That’s larger than any other part of the cost base and exactly the part of the process that we’d like to be doing. The design and engineering work that leads to that profit margin is what is being done in the U.S. The actual assembly of the phones, the part done in China, adds some $8-$10. It’s a trivial portion of the cost base in comparison”
and finishes with the obvious conclusion:
“It could be true that the manufacturing might come back, but those jobs won’t. And that is fine if we’re honest. Those jobs were low-value add, thus they also gained low pay.
And this isn’t an isolated example. The nostalgia for the days of mass employment in manufacturing is just that–nostalgia. It is not something that should be guiding our public policy. The entire world is losing manufacturing jobs to automation, even China’s manufacturing workforce is shrinking. The only choice now is whether the robots will be there or here.”
http://www.forbes.com/sites/timworstall/2016/05/27/trump-neednt-bother-apple-about-manufacturing-in-america-foxconn-replaces-60000-with-robots/#74869b1a58a2
With all due respect, please spar us from a lecture from the 0.001% elitists propaganda rag mouthpiece Forbes magazine. And lay off speculating about politics or trade and the US economy of which you appear to lack any real in depth knowledge of. In short, it’s American imposed “Free Trade” deals and Neo liberalism, masked as “democracy” that’s actually imperialism imposed by the globalist (read international bankers and corporations) that’s a threat to the sovereignty of, not only all the countries of the entire world, but to the US nation itself. For the sake of the world, America needs to disengage and “isolate” by way of a “New Deal”. Mind it’s own business and concentrate on the rebuilding of it’s crumbling infrastructure, making stuff and real jobs again and taking care of the social affairs of it’s own citizens, which are falling into third world conditions. Thanks to a cartel of internationalist financiers and bankers that seek to impose a “new world order” by destroying the sovereignty of every nation state including that of the USA itself. Trump, if nothing more is a patriotic American nationalist, that intends to take America back from a treasonous globalist cabal. So give the guy a break eh and a chance to try and do what he’s promised. Because it’s his life that he’s put on the line and chances are that if he follows thru on any of his election promises, he’ll soon be joining JFK and his brother’s on the other side, all while we sit comfortably on our behinds here playing critic and keyboard warriors.
With all due respect, you can submerge your head in some sand – the jobs are already going, the link reports the first 60,000.
Is everybody now just a propaganda rag mouthpiece?
Quote:
“Since September 2014, 505 factories across Dongguan, in the Guangdong province, have invested 4.2bn yuan (£430m) in robots, aiming to replace thousands of workers.
Kunshan, Jiangsu province, is a manufacturing hub for the electronics industry.
Economists have issued dire warnings about how automation will affect the job market, with one report, from consultants Deloitte in partnership with Oxford University, suggesting that 35% of jobs were at risk over the next 20 years.
Former McDonald’s chief executive Ed Rensi recently told the US’s Fox Business programme a minimum-wage increase to $15 an hour would make companies consider robot workers.
“It’s cheaper to buy a $35,000 robotic arm than it is to hire an employee who is inefficient, making $15 an hour bagging French fries,” he said.
http://www.bbc.co.uk/news/technology-36376966
Re”It’s cheaper to buy a $35,000 robotic arm than it is to hire an employee who is inefficient, making $15 an hour bagging French fries,” he said.”
It seems to me that governments that want to protect their citizens’ livelihoods, and lives, could institute laws that prevent robots from taking jobs from humans. Especially if they (the government/country_ command and control a market large enough for the circulation of money, goods, and services to maintain such a system.Sure, it is a form of protectionism. And that is why it is called protectionism. Duh. It protects a country’s workers and businesses.
How different would this be, in principle, from creating jobs via other means such as infrastructure or the Works Progress Administration, which created jobs for artists and writers? Seems to me that robot-fulfilled work would be the low-hanging fruit in “creating jobs” for humans.
Katherine
“It seems to me that governments that want to protect their citizens’ livelihoods, and lives, could institute laws that prevent robots from taking jobs from humans.”
You could easily extend this piece to the rest of the globe “The Merging of Government and Wall Street Into One Criminal Entity: The Rising Tide of State Fascism in the US and Canada”
http://www.globalresearch.ca/the-merging-of-government-and-wall-street-into-one-criminal-entity-the-rising-tide-of-fascism-in-the-us-and-canada/5382902
Why would government wish to protect their citizen’s?
Quote:
“But when the governments and corporations merge to become one and the same entity as they clearly have in both Canada and America, it is the agents operating on behalf of corporate governments who are the fascist criminals turning on their own decent law abiding citizens in order to eliminate them and all opposition and resistance to their global theft and destruction.”
Katherine, it may be cheaper in the short term, but these ‘robots’ don’t buy any goods, where will Corporate profits come from say in 25 years time?
Right.
Not to elevate Henry Ford to anything in particular, but wasn’t the point of the Model T that the people who made it could afford to buy it?
Katherine
Maybe the intention of my “low hanging fruit” comment was unclear.
I meant in the sense of being an obvious area where jobs could be “created” or reallocated to or ensured for humans, via eliminating the “robot” option for all but a few jobs that are better done by robots because, say, too dangerous for humans or animals or for other reasons having to do with technology.
Katherine
What is this ‘jobs’ stuff all about?
It’s just a way of producing the products that people want and consume, and distributing the products into the hands of customers. That’s the goal of employment and all: people living their lives in comfortable and gratifying ways. That the capitalists and ruling classes have found ways for them to skim and control and satisfy their egos, and that the academics have found a niche in convincing people that their way of seeing in the only way, does not change the basic purposes or societal function.
There are two ways of working on the issue: use increased automation and efficiency to produce more with less,. or to become satisfied with less instead of glomming on to every new fad that the advertises convince people they absolutely need (thus reducing waste and meaningless consumption).
Consider for example what it would mean, in terms of energy use, if someone did not have to commute 100 miles a day to get the money to afford to buy tomatoes or plastic pens made thousands of miles away — or if we stopped using energy and material to blow up someone else’s country.
Saying “The entire world is losing manufacturing jobs to automation” is like saying that cleaning ladies jobs were lost to vacuum cleaners, or buggy making jbs were lost to the automobile. It’s just a small and distorted part of the reality. There are plenty of things people would want to do that are worthwhile, but much of it does not get done because they are tied up in menial tasks so they can make enough money to live. The current economic thinking is centered around competition fo scarce goods.
But what if we had Star Trek style synthesizers which could make any product from any raw material for miniscule cost? Plenty for everyone and everyone wealthy in terms of what products they could have. That’s the trend of automation — if all the increased production had not been taken by just a few capitalists instead of everyone benefiting equally, with the widest wealth mal-distribution ever seen?
Give enough money to everyone to live well. And what of inflation? Well, how are the prices of things going to go up when they can be produced virtually for free? How much does a pocket calculator cost? Lot’s less than old adding machines or even early calculators — and certainly less than the original computers which were people working out sums by hand.
We can’t function well in a new world with old paradigms and theories based on outdated assumptions. The US can again become a manufacturing nation through automation if we just hired 100 people to casually watch a machine doing what they used to do while giving them the same salary — same costs with same output. Or they could just not have that job while still getting the same money and not impact the economy — except they could choose to do things of interest to them, such as building things, repairing roads, writing or painting art, raising children. It’s simply a matter of reallocation and rethinking.
Look at all I’ve written here, without getting hand cramps and having to walk around the world to deliver letters to everyone reading it. Where would we be if we thought about writing and communication in the same we did 1,00o years ago? What would the scribes’ union and clerics think of such things?
“There are plenty of things people would want to do that are worthwhile”
Of course there are – but they don’t.
That doesn’t mean they deserve to end up
here
https://realitieswatch.com/tent-cities-are-growing-throughout-the-u-s/
Or does it?
A reson they don’t is the circumstances they live in. We can look at VanGogh, Tesla, and many other who were subject to poverty, many who failed to produce anything known because of it. UBI — universal basic income is one good way of dealing with that. Another problem is lack of health care — and health. Poverty is extremely inefficient, btw.
Yet, we see people very often do things not required instead of sitting doing nothing even in a culture where work (and learning) is so often associated with something terrible one must do: retired people fish, garden, do woodcraft, volunteer work, make art, etc.
I like this world described by you, a world that could be achieved in the near future with certain clear conditions. Those conditions are exactly the root of the problem which stand in the way to have such a better future. You have very well underlined the method of that ideal world, how to get there is another matter. As we are talking about actualities, maybe Trump (and we hope) will have a positive impact in taking the first step in the right direction. In the early 70′ was a national drawing competition about how will look the future by the year 2000. I saw many drawings, very interesting and very good ones, pure science-fiction. One teacher asked “ok, there are a lot of robots at work, but how will you get money to by your sweets ?” and one kid answered : ” the robots will give enough”
We get there by first getting the people to understand what is possible, the general way it could work, and insisting on getting there. Then the people can design the systems with the help of expertise from various quarters, and set up trial programs to see how well the idea are working and what needs to be adjusted (which is about the same as with any well functioning system (cybernetic machine). When we find things that work well, we replicate it elsewhere, and evolve into an improved society.
How did we become a ‘computerized’ and technological society, or move from feudalism to entrepreneurism, from monarchy to democracy, from hunting and gathering to farming (all still in progress to different degrees)? It starts with ideas, which spread and grow, and are put into practice. The previous experiments with communism/socialism were only partially successful, and generally failed because old ideas didn’t die off, such as maintaining oligarchy and authoritarian bosses instead of the workers being in charge of production, from external attacks from other nations, or problems with scaling up or lack of effective feedback and learning mechanisms. The inherent flaws and contradictions of capitalism were not recognized, and so it inevitably tends towards overproduction, cronyism, parasitism, corporatism, monopoly, and fascism, flaws in the market system for distribution, enforced greed, and depletion of resources in it’s requirement for endless expansion.
These mechanisms can be understood in terms of cybernetic theory, information and mathematical developments, and to a great extent now with psychology and neuroscience — much of the knowledge is available if we use it.
Precisely. There are plenty of engineers out there that have long published ways that people and their societies can flourish. R. Buckminster Fuller is a classic example and his book ‘Critical Path.’ There are a wealth of ideas out there that need to get past the ‘gatekeepers’ and armies of well funded law firms that act as choke points for patent processing. All this winds up enabling statist junk-science funded Think Tanks and Universities further entrenching the Irrational Rationalists in their Citadel’s of Science.
P.S.
Note all the material from political people about the rpoblem of system breakdown now. An cyberneticist or good design engineer has the tools to understand it.
How could you have a well functioning heating and cooling system in a large building if the voting thermostats in the rooms didn’t work or if the information was not fed into the the control units? Some rooms would be comfortable, others freezing in poverty, and yet other burning up in wars. Basic system design gives the knowledge to understand this — regardless of the particular system under analysis.
You remind some thing my father told me long ago.
When he was a child, lets say before the birth of new China, people used to be carried to the shore after a boat ride in a location on the Yangtze rive. when the pier was build, my grandfathder wondered aloud to him where are all those people who made a living by carrying people going to do to fed their family.
There used to be labors pulling boat up stream of Yangtze river, they were gone after steam boat was used.
There were many people plant/harvest field by hand, many of them no longer needed after machines were used.
Technology displace people, no doubt about it, but it frees them too.
To say Chinese is going to starve because robotic introduction, How did we survive at introduction of automation?
For China no-sayers, I have a suggestion: Life is too short, find something real and productive to do.
“As a consequence the average Chinese consumer will have a drastically increased buying power, and instead of exporting their goods for worthless toilet paper Greenbacks (US Dollars) they will finally be able to enjoy the fruits of their labor. China in the future will base their economy on internal consumption (as the US once did) instead of being the low cost factory of the world. Paradoxically this will further strenghten China’s position as the dominant superpower”
Now, that is a very interesting perspective and has been projected before by a very few analysts.
Think about it, and in this perspective:
http://fotovision.no/PublicationsNew/ArtofWar/
Take Care
Kent
Trump has made a number of comments throughout his career that appear to have some consistency and offer clues as to his economic policy vis-a-vis China.
It is a bit of a blue skies video, and starts out like some kind of fairy tale view of Trump, but still, it might offer more knowledgeable (than I) commenters here with some useful insights.
https://www.youtube.com/watch?v=OCabT_O0YSM
Katherine
I’ve thought the same. China,while still trading abroad.Should base its economy on internal demand.Like you correctly remember was what made the US economy so strong before elite financial globalism destroyed it. Unlike some in the US that fear Trump will go too far with reform (and tank their golden goose of globalism). I fear he will listen to them,and not go far enough.
“Another thing entirely would be for Trumponomics to find mechanisms to hurt US companies that de-localize in Asia. That would translate into serious problems for outsourcing Meccas such as India and the Philippines.”
-Hard to imagine neoliberalism actually helping anyone.
That is the “rub” there. It helps the elites in those countries to get richer. While leaving a veneer of improvement to the working classes in those countries.But it ties them as slaves with no hope of freedom. Instead of developing their countries to benefit and improve their peoples.Based on a national model.They enslave their population to globalism.Producing low cost goods sold Worldwide.That few of their own people can afford. Those companies resemble fleas on a dog. As soon as a cheaper place to produce those goods is found ,they jump to it.Short term the people see their lives marginally improve. But long term they are as bad, or worse off, than before.The only ones really benefiting are the foreign companies owners. And the denationalized local elite that sells themselves, and their countries to those companies.
This is the average man standing up at last …. Brexit, Tumpquake ….. the average man (I am fking sick of the PC man/woman ….. grow a brain …. ‘man’ used to refer to men and women until the feminists turned up with their tits twirling like helicopter blades and used tampons flying out their arses … it is interesting that many women voted for Trump ….. perhaps they can see past the feminist’s twaddle).
Ever since that criminal Greenspan turned up in 1987 and imposed criminal economics on the world the average man has been screwed.
Some people were paid millions in bonuses for arranging that the poor in the Philippines were screwed even more because their corrupt elite allowed it. That in turn allowed the corporations in America to screw down the wages for the working man there …. and reduce the labour force.
Capital was made free to rape and pillage the world while labour remained bound by national boundaries and laws imposed on them by a corrupt and clueless political class.
Whether Trump can change this ….. time will tell. The elites will not relinquish the swill trough easily.
But …. at least he is talking about something different ….. he offers a glimmer of hope.
America is (or was) a great country, the people who made America great, the average person, were prepared to try new things, prepared to try and fail.
The current western political/economic model has turned a generation into serfs.
It definitely is time to try something new.
It may or may not succeed the first time, perhaps it will take a few goes.
However, the main thing is to embrace the change and topple the current elite from power.
Looks like now we are at the end of a Journey. Each way we turn, we are facing a strong face of a mountain Granite Rock. There are two options left. Kill the Creditor, or Ourselves.
Nice vitriol, Graeme. And that’s a compliment. Vitriol is urgently needed: The stronger the acid, the quicker the dissolving of encrusted alkaline deposits clogging western synapses!
10 out of 10.
A Great Last Minute Trump Ad That Exposed the Corrupt Globalist Elite
8 million views
Talking about the corrupt elite, on 0.21 Soros, 0:22 Yellen, on 0: 23 G20 min of finance and central bankers
https://www.youtube.com/watch?v=vST61W4bGm8
De-localizing economies:
Equations below explain why outsourcing jobs to China is idiotic in the extreme:
Earths goods are free, a gift from god.
Earth + Labor = Tool. Earth + Tool + Labor = Machine Earth + Machine = Goods.
Earth + Energy + Smart Machines = Goods.
Note that Energy is from Earth, and Smart Machines are an invention of man. The advent of Smart machines means that labor becomes an ever declining factor in production of goods.
A factory produces goods and service. Goods and service shoot out the back end of a factory as prices.
Prices fetch money from money supply.
A factory then takes the money won by selling goods, and then distributes said money to labor. Ergo a factory does two things: 1) it co-ordinates capital and labor to make prices. 2) It distributes money won by goods as prices.
Note that the Earth in the form of raw materials is shipped from various spots around the earth to China. China then coordinates THEIR labor to make prices. Those prices then fetch money on world market.
This mechanism then disenfranchises the formation of local economy, such that local labor may not use THEIR EARTH to fashion goods as prices.
Labor is cut out of the equation to make prices, and hence a living.
Capital has decided that Chinese labor is superior. Why? This is to take wage arbitrage. Arbitrage is the difference in wages between developed economies of first world, and China.
After the wall fell i.e. the end of history, a debt free post- communist China offered Capitalist’s cheap wages. Wall Street helped finance the lifting of jobs using Green Mail techniques, and hence Wall Street became a hero, while main street labor became a zero.
This Casino capitalism also unbalances economies making them malfunction. Some economies don’t even produce enough of their own food, as they concentrate on making something unique as prices for the world market, to then grab dollars.
To add to my previous comment:
The above mechanism was used by our (((friends))) to parasitize Russia with Oligarchy during Yeltsin’s years.
Credit in the form of Western Currency, mostly dollars, was borrowed from tribal Cousins.
This bank credit (from Wall Street Banks) popped into being from nothing, to then buy Russian industry, land and media. T.V. and Press must be owned to then cast hypnosis, so the rent taking is hidden from view.
Soviet industry and land was priced low after collapse of Soviet Union. By buying up all of the land, oil and industry; Oligarchy could now control Russia’s God-given free earth. Patrimony of Russia was sold off cheap to foreign moneyed elite.
Russia then devolved into an extraction economy, where Russia’s earth was extracted and sold on world market. This then bypasses ability of Russian labor to form prices by making goods. Instead, now new owners of land and capital extract the economic surplus for themselves, while cutting Russian people out of their birthright.
It’s worse. Industry is improved by middle class labor innovating and improving their craft. By shipping Russian platinum, titanium, rare earths, etc., away –means Russian labor cannot learn to become efficient at making goods as prices. Industrial knowledge is no longer passed on from generation to generation, destroying the fabric of society. High value, high margin goods are made elsewhere.
High IQ, high value labor will not accept being reduced to hewers of wood and drawers of water, as demanded in an extraction economy.
There is a tendency to reverse this kind of land exploitation you just mentioned “extraction economy” – which is a very appropriate terminology. Since V.V Putin arrived he consequently followed that path, with more or less success, having to fight with major obstacles within and external ones as well. I think I am one of those who are expecting a more decisive “attack” against those who want to preserve Russia in that condition of “extraction economy”. This is one of the first and most important battles to win for Russia.
At last, a rant worth sharing …
“President Trump: How & Why…”
Jonathan Pie
(Published on Nov 10, 2016)
https://www.youtube.com/watch?v=GLG9g7BcjKs
Yes, I like PIe. (and also American pie).
I circulated this video to my list, many of whom are among the Anguished Veil Rippers. I tried to calm them down with all of the arguments at my disposal—mainly, that nothing would e gained at this point by gnashing of teeth, but teh only way for something to be gained would be to step back and really understand why this has happened. The blame lies squarely with the Democratic Party. But most of them are incapable of seeing this, seeing hte horror that was Hillary. Sooooo I also sent along the PIlger video, which explains everything so calmly and clearly. But, they don’t get it.
But, to go back to the Pie video, I also enjoyed the Watson video, referenced by Anonymous, below. But did not send to my list. Because, although I enjoy Watson’s style, I reckoned it would be too much for those in anguish.
Katherine
.Ha, ha .. and another rant worth sharing (actually somewhat better, imo) …
“The Truth About the Trump Protests”
Paul Joseph Watson
[Published on Nov 10, 2016, “Fuck off to North Korea, you democracy-hating clowns.”]
https://www.youtube.com/watch?v=1d9lm-T87AQ
“There has been an awakening, have you felt it?” TFA
I can’t believe how much my worldview has shifted over the last year. Hailing from the radical Left, I have felt the pull of History in a new direction. I have become a critic of the social engineering that has been carried out since the 60’s; it has gone too far. Because of this over-reach, I have had to shift to defending the foundations of our society; community and family. On the hand, I will always be proud to have stood against the Empire and the ruling class Capitalists. The Right was very happy to stay quiet while the Financial-Military Empire raped the world, and we always told you these chickens would come home to roost. But now that they have, it is time to call a truce.
I propose that we call a halt to the Culture Wars; this is the area where the Left is winning. I think we need to pause to assess the damage of this 50-year project anyway; the baby has almost been washed out of the bath. Then the patriotic Left (the anti-imperial/capitalist faction) and the Right can join against our common enemy. The division over social issues has been exploited by our enemy to prevent us joining on the political front. This must end, time for all People to come together against the evil which rules our world.
The momentum is with the Right, so I am coming over to join my brothers and sisters to fight our common enemy. I am worried about playing with Nationalism, it has a very bloody history, and will put a lot of pressure on our minorities. They will try and turn our nationalism outwards, towards a fake external enemy. The enemy is inside the gates. If we all stand together and maintain our focus, there is nothing they can do.
I am going to keep asking everybody to stop falling into the Left-Right trap. The patriotic-national Left and Right need to join, and anyone pushing social change during this war needs to see they are aiding the enemy. Once we are free, we can address the remaining social issues. A truce then, and all patriots rally to the banner.
Great thoughts and words Earthrise, thanks !
Earth Rise well said and this is the change we need to make better world for everyone and a happy one at that !
To add to the finishing touches we can see to after this has been accomplished …. My view of a better fair world > A return to the principles and polices of a national sovereighty, economic self-sufficiency and socialism, should be the preferable option for all the people of the world.
The emergence of globalisation has irreversibly changed the global system of power, fighting for resources – greed – power – war’s – eventually Global World War.
… and M. Moore demolished … the end of ‘Deceit USA’ (for at least a week)
“Michael Moore is a Sack of Shit”
Paul Joseph Watson
(Nov 3rd, 2016)
https://www.youtube.com/watch?v=_rtqJ3W3g1c
The Talmudic CIA employs all kinds of clowns – left, right and center.
If watched from the proper perspective, that is, without getting emotionally drawn in, their Muppet show has a certain entertainment value – for a second or two, but gets tiring very soon.
A thought hit me the other day — a bit abductive reasoning:
Does anyone suppose, considering Clinton’s connection to the neocons and war, her support of terrorists and close ties with Saudi Arabia, and her psychopathic lying, that she had a hand in the 9/11 attack in NY?
Trump is only the President-elect at this point and there is, theoretically at least, the potential yet for much mischief.
I also worry that the seething Neocons -and especially the Armageddon-seeking evangelical subset- will seek some type of scorched-earth revenge. This would be especially dangerous.
As to what Trump himself might get up to, who knows? His elliptical statements lead me to believe he is smarter than he appears and we should give him the chance to prove himself.
As an accomplished actor experienced in ‘higher’ circles and with manipulative business acumen plus his view of truth as a precious commodity to be used as sparingly as possible, surely he has all the US Presidential credentials necessary?
How soon -assuming he is not bumped off by the CIA etc.- will he step into the shoes of a serial killer of the innocent, like all previous US Presidents? Hard to say but I really hope he will be the lesser of evils.
China will be fine no matter what america does, the zionazis were not able to get anything near the influence they have in the fascist capitalist west.
Also, the USA needs a friendly China more than China needs israel’s pindo colony’s business. Who will finance the u.s. regime should China stop? Japan, Europe, massa israel? Get real. :D
This is just a commoner’s view who is far removed from USA or Europe.
There are few things on which Haves and Have-nots differ…
– Immigration/ cheap labour
Common people do like a small immigrant community who will do the ‘dirty jobs’ at ‘cheap rates’. The immigrant community should remain ‘small’ without affecting the ‘Lifestyle’ of majority community or having any say in political or economic powers. The majority community will be doing the more paying jobs with less ‘inputs’ – the skilled jobs.
The rich groups want that Profit should be maximized. If the immigrant community is large / affect lifestyle / snatches jobs – that’s okay. The rich people are least bothered as their own lifestyle is not getting affected.
Setting up manufacturing units abroad
– Commoners don’t mind if the ‘dirty and manual jobs’ are sent abroad because they are not interested in doing these. The products arriving out of these uist are also welcoe to some extent as these are cheap. However, when some jobs, which the majority group don’t mind doing is sent abroad, then the problem comes.
The Rich people are least bothered about these aspects. They want Profit and nothing else. In any case, they will not be affected by loss of job.
Family values / Societal Bonds / Cultural roots
For commoners, these are very important as these define their own culture. They had a good lifestyle till now and could engage in these areas.
For Rich, these are basic impediments for ‘Getting the work done’. All works are not always ‘clean’ and these bonds do create problems. Just imagine asking a Christian in US to work during Christmas ! So having a workforce who are not bothered about these finer aspects is better. Hence workforce at China or India is better. Or even having some refugees is better as they would be ready to work for any pay / any time.
The baseline – The Rich is not bound by national bounderies or any other bounderies. They will always see that Profit is maximized. The common people will always ask for ‘entitlements’ which may lead to less profit for the Rich. And BTW, if the Majority Community shy away from work, there will always be a group who is ready to do that job at less price for the time being. But they will also ask for ‘entitlement’ and control at later date.
Soros-fronted orgs among groups calling for anti-Trump protests (VIDEO)
https://www.rt.com/usa/366579-soros-orgs-driving-trump-protests/
The soros orgs are all first and foremost israeli assets. Never forget that.
“The angry, white, blue collar Western uprising is the ultimate backlash against neoliberalism – an instinctive reaction against the rigged economic casino capitalism game and its subservient political arms. That’s at the core of Trump winning non-college white voters in Wisconsin by 28 points. Blaming ‘whitelash’, racism, WikiLeaks or Russia is no more than childish diversionary tactics.”
The above statement is indeed being most beautifully corroborated by the fact that the Pindos themselves are now tasting that delicious dish of colour revolution. Lord the Almighty (Soros) works in strange and wondrous ways, right?
However, this backlash which has (all but) brought Trump to power smacks of Exceptionalism. The West is parasitic to boot, with the Pindos being its most militant, die-hard constituency. What Trump, being the archetypal US buffoon that he is, essentially says is that the US multinationals would effortlessly cope with instant, colossal wage hikes, courtesy of re-patriation. Sooner or later, Trump will have to go “all the way” — and that would cause him no problems whatsoever with regard to his popularity — by simply extending the ‘blame game’ to the entire world outside the US (except Israel, of course). Trump cannot and will not put a stop to the military entanglements of US imperialism. If he did, the living standards not only in the US but in the entire West would plummet as they did in Russia and Eastern Europe when neoliberalism emerged victorious. It’s easy to be generous with other peoples’ land, labour, and natural resources. Mexico proves the point most admirably in Trump’s case.
It would be interesting to see what would happen were Trump to demand US wages for “lesser peoples” employed by US multinationals, not least the reactions among his electorate.
Lastly, Kudos to the webmaster for bringing back all the conveniencies pertaining to reading and editing.
Is this crap for real?
Colleges delay classes and exams, offer stress-healing therapies after Trump victory
https://www.rt.com/usa/366577-colleges-students-stress-exams/
“As Americans comes to terms with the election results, students seem to need extra time and care to cope with Donald Trump’s victory. Colleges across the US have canceled classes and exams, offered disaster counseling and dog and coloring book therapies. ”
“Cornell University students took a different approach and held a “cry-in,” which the school’s staff supplied with tissues and hot chocolate”
OMG, are people really that naive and so screwed by the system?
They really prefer a war criminal -a serial killer in the hundreds of thousands- to an obnoxious blowhard who has merely duped them with words designed to get votes? Do they not understand that anything intemperate Trump said was designed to get the popular vote by resonating with baser instincts?
Do people really think that politicians don’t lie, even when Trump daily has whistled out of both sides of his mouth?
Will they be offering ‘Play-Doh and coloring books’ to the mangled survivors of the USA’s bombings in Libya so the latter can ‘distract themselves from the bad news’? Or are these just considered untermensch with no rights to life?
Unbelievable! Can there be redemption from this insular self-centred ‘up is down’ delusional and cowardly madness?
Re “Is this crap for real?”
I agree with S1 100%. Unbelievable. These people prefer to sob sob sob instead of using their intellects and the incomparable opportunities they have in a topnotch university to try to *understand* why we are where we are. It is unbelievable that the students’ elders indulge them in this tantrum throwing. Instead of hot chocolate (hey, do I own stocks in any chocolate and tissue companies??) they should be told to get back to their classes and all absences from class to “mourn” will be marked against them.
Katherine
I wonder about the college students that voted for Trump. Do they get time of to “celebrate”. To further “equality”,which is what the colleges “claim” to support. Then those too should get time off.Stress from mourning,can cause you to need time off I suppose (so the colleges say). But the “stress” from too much celebrating with shouting and drinking can also leave you needing time for the hangover…er…I mean for recovery from that stress also.
Send these pampered litle brats to Libya, Yemen or Syria so they can ‘share the experience’ of what the evil witch they dote on has caused.
A bit of reality might wake them up.
(they should of course be allowed to take their therapeutic hot chocolate, tissues and colouring books along with them)
Here’s another slightly different student story.
In New Zealand, after a 7.5 quake and 200 or so aftershocks keeping people up most of the night there is a conditional discussion on whether to go ahead with exams or not.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11747472
It is a mistake to identify free trade with the “free trade agreements” such as TTP and TTIP. The EU response to Brexit demonstrates that they are only about free trade between those party to the agreement, and in particular about lifting restrictions on the actions of corporations – i.e. restricted trade, not free trade.
It is also a mistake to concentrate solely on the costs of free trade and not the benefits. With reform, the costs can be cut and the benefits shared.
LH
The only free trade I’ve ever seen that actually worked to the benefit of those involved has been termed free love, that old fashioned thing that occurs between friends and family in a healthy society.
That old saying of if one has to pay for it, is it really genuine applies.
vot tak
I’m sure you are making some sort of point about free trade, but I’m not sure what. Two points: First, “free love” is what hippies advocated and practised in the 60s and 70s. Secondly, what “occurs” between family and friends is not trade.
lh
“but I’m not sure what”
Obviously. :D
vot tak
You are perhaps unaware of what you have said.
The “free” in “free trade” refers to tariffs and quotas, not whether money has changed hands. The “free” in “free love” refers not to whether money has changed hands, but permission to fcuk whoever you want.
So what you have said is that the only free trade is the promiscuity that occurs between family and friends.
Ah, vot tak!
Free Trade was introduced in the 1960’s, it helped Corporations move their manufacturing to cheap slave nations while selling it on our fixed market, with no taxation [tariffs].
Free Trade is a great idea, if the manufacturing is kept in the nation state, but Corporations don’t like competition.
“The mountains shall be leveled and the valleys shall be raised”. So said St. Paul.
This means that the rich shall be mostly leveled down to the rest of us and the poor of the world shall be raised up to middle class. And he meant EVERYONE.
He didn’t mean that the middle class would be ground down to the level of the poor and the rich would be raised even higher which Jewish communism does for their own rule of the world.
The ONLY way that this can be done is to entirely remove any sort of monetary system from the economy of the human race. This would Not set well with the rich, the proud, and the vain. Their money makes them stand out.
Then people could do their share of the work for their share of goods and services. And what is everyone’s share? Whatever the human race can collectively produce and distribute. And every nation should produce and distribute the maximum that they can. Whatever each nation has above and beyond what they can use should be put on an international table so that nations that are short of a certain good or service may partake of the abundance of the rest of them.
With the increase of technology, no one should have to labor more than one or two days per week. THe banks, finance companies, investment companies, payday loan companies, mortgage companies, etc. will be no more. Everyone who is physically and mentally able will do their share. No more welfare! If you don’t want to do you share, then get to the back of the line. You can take the old bread, the brown meat, the dilapidated houses, the clunkers, do your own plumbing, etc.
No more of this currency manipulation, trade deals, tariffs, etc. No more wars, revolutions, etc. No more capitalism, communism, socialism, naziism, etc.
As far as the tribe is concerned, the destruction of any sort of monetary system is the destruction of their power over mankind. This is the only use of a monetary system-to purchase power as can be seen by the Jews, the Clintons, the bankers, and all of their ilk.
You see, all of us are an expense, albeit a necessary expense, of the controllers of money. They need us to work in order to produce and distribute what they need and want. But, they need to keep us alive in order to do that. So they have needed the economy. They have needed a monetary system in order to keep us in line. But, they don’t need near the 7 billion people to produce and distribute for them. Hence, the Georgia guidestones advising us they intend to get rid of all but 500 million of us to do their labor.
But, the Lord of Sprits-God will have his final say. And it will be very soon.
This is the honest truth about how it is and how we’r used and most abused with tyrant globalist capatalist elite’s. Until and only until the world people fully awake and rise to overthrow them and their satan ideology …. Nothing will change for the better but for the worse, and no one to blame but our selve’s … well they see how sheepish and easily brain washed we are. Iv replied to Earth rise on here check out my alternative way of life see what you think.
Greetings fellow Saker habitués,
A month ago a post appeared on the Saker website by someone called Pedrofalls. I recommend that this post be featured in the “commenter-corner” section of the homepage, as it was profoundly insightful and his prediction that Trump would win was spot on. It is also relevant to the economic questions raised by the article above.
Here is Pedrofalls’ post (source:/amazing-words-by-donald-trump/) :
[edited for length Mod DG Thank you for a timely referrence.]
This is somewhat OT, but since there was a lot of discussion here about China, I’ll post it here because this possibly could bring important changes in China-south Korean relations and change the political dynamics in East Asia immensely.
100,000s stage largest-ever protest in Seoul to demand president resign
https://www.rt.com/news/366653-seoul-record-protest-president/
“The Saturday rally was organized by three opposition parties, as well as hundreds of left-leaning civic groups, which joined forces to oppose President Park, who stands accused of cronyism and abuse of power. She allegedly allowed her close personal friend, Choi Soon-sil, to take advantage of their friendship and influence government decisions for personal gains.”
If park gets the boot, how will that affect zpc/nwo strategy in East Asia? The groups behind the protests don’t appear to be war mongering quisling types and south Korea could see some geopolitical realignment.
Looks like the protests in south Korea may be as I suspected.
South Korea protests may indicate that ‘US Asia pivot in shambles’
https://www.rt.com/op-edge/366785-south-korea-asia-pivot-protests/
“RT: Does President Park have a chance to keep her post after the mass protests?
Brian Becker: I think it’s very unlikely. Park Geun-hye’s is not only a corrupt government, it’s an ultra-right government. It’s seen in Korea as an extension of American power. In fact, it’s a puppet of the US. The US still has tens of thousands – perhaps 38,000 – US troops occupying Korea [over] 60 years after the end of the Korean War. Her father, Park [Chung-hee], the dictator, was put into power by the CIA and the US in 1961 and stayed there until 1979 where he served as a puppet of American power in that part of the world. During that time, tens of thousands of people were killed, or tortured, or imprisoned just because they wanted to speak out…
Now [Park Geun-hye’s] approval rating is about 5 percent. I don’t see how she survives.”
First the Philippines, now south Korea? Both major zpc/nwo colonies, without whom zpc/nwo aggression towards China becomes a non starter.
Also the eastern European colonies are seeing rebellion:
Igor Dodon Declares Victory in Moldovan Presidential Election
https://sputniknews.com/politics/201611141047397575-igor-dodon-moldovan-president/
He isn’t eu friendly…
‘Pure fiction’: Czech PM slams idea of hosting US ABM radar
https://www.rt.com/news/366804-czech-prime-minister-us-radar/
“Czech Prime Mininster Bohuslav Sobotka sharply criticized the idea of deploying a US missile defense system (ABM) radar on Czech territory, calling it totally unrealistic. He stressed that the Czech Republic has other security priorities.”
US Response to Anti-Trump Protests Exposes Double Standards in Full Play
https://sputniknews.com/us/201611121047375822-us-response-trump-protests/
“The United States often has something to say when voters in other countries take to the streets to protest against election results. However, the anti-Trump protest seems to be going on without any significant criticism from the US authorities and media.
Despite outspoken US police brutality, this time even law enforcers almost completely refrained from using force against the protesters.”
Well, yeah. These are zionazi-nazi bought and paid for “protests” like those bundy bum bandits or the femem trannies. Of course the cops have been instructed go easy on the govno.
The guys and gals are playing with fire, till they will get something like a maidan in bigger portion. Will this be a self made boomerang effect, without they even notice that ?
Another name for it is blowback. The population at large, which has made it its job to know only what CIANN tells it, has no idea that subversion, private and governmental going hand in hand, since the days of United Fruit at least, has been inflicted by the USA on their own counterparts globally for decades.
Now the cancer has spread into their own state and the US population itself is now identified by its owner-Oligarchs as ‘deplorables and irredeemables’, in other words: as Third World.
It was Henry Kissinger who famously said: “The chief task of the US is now the depopulation of the Third World”. It looks like depopulation, not charity, now begins at home.
In words of the “old strategist” about a month ago:
“In 2016 some of the opponents seek to double down, and some wiser opponents are pondering how to facilitate their continued existence by soft landing via a modulated form of the status quo ante – for example a modulated detente -, which in part contributes to the machinations through/throughout the charade called “The Presidential Election”.
Mr. Escobar is dead wrong on one point. Lowering corporate taxes will not entice them to invest back in American manufacturing and create jobs. What he is describing here is the old “trickle down economics” theory, that has never worked, and never will work for one simple reason. Give a capitalist money, and he will sock it away as he sees fit, usually in an offshore account somewhere. There is already trillions of dollars sitting in cash in those very banks. These people are like hoarders, and have been equated to exactly that by psychologists. One study described the sickness they have over money greed and power to exactly the same disease and obsession that heroin addicts have. No, Mr Escobar, I like your essays and points of view most of the time, but America has handed over the keys to the candy store to this overgrown kid, and he is going to have a hell of a feast!
While you are right ,that the current financial system in the US points to the conclusions you give. There are ways to change that. It isn’t the wealthy having money that is the basic problem.Its them not using that money to invest in the US that is.If you enact laws prohibiting the export of that money. And give incentives to invest it in the US, that would change. The wealthy not being able to put that money into huge profit making overseas investments. Nor in bank accounts overseas. Leaves them the option of leaving it in US banks with almost no interest. Or to invest it in profit making businesses inside the US. I suspect they will want to see their money turned to more profits. So will invest in businesses in the US.As you say trickle down economics was a failure. But a major reason for that ,was that the loopholes to not invest in the US.And still see their money grow was available to them.Close off those loopholes,and we will get a better view of the situation.You still could be correct.But without seeing what would happen if the loopholes were closed, we can’t be sure.
“It isn’t the wealthy having money that is the basic problem.”
It is. It gives members of that class the opportunity to morph into individuals such as Clinton, Soeos (& Trump).
If corporations are the objects and beneficiaries of the changes then nothing will have happened. Nothing that has anything to do with democracy. Well it will be all corporations so you can mark down democracy as dead. Corporations and those attached to them by employment or stock ownership will win, everyone else is a nobody.
The fly in the ointment for that is interest rates. When they rise enough then everything changes. Everything from China’s Silk Road to the financial system and it’s endless inflation of assets. Few understand that they have lived their entire lives or most of those lives under a cycle of falling interest rates. This will end.
Pepe is confused: “with more economic growth fueled by less taxes” He thinks this is akin to “squaring the circle.” In fact it follows: less taxes = consumers have more money to spend = more sales, which is obviously good for a business. Also people don’t get laid off when sales are good.
Fifteen Fatal Fallacies of Financial Fundamentalism
http://www.columbia.edu/dlc/wp/econ/vickrey.html
Facebook to Reconsider Ad Policy That Allows Viewer to be Excluded by Race
https://sputniknews.com/society/201611131047377890-facebook-ads-policy/
“Facebook’s system allows advertisers to target viewers on the basis of interests, backgrounds and ethnic affinities. The system offer options to exclude African-American, Asian-American or Hispanic people only, leaving white people the implicit default target audience.”
What? You can’t exclude whitey? You can exclude the “coloreds”, but not the master race (well, after zionist Jews). WTF! That is discrimination. Why are the whingers about prejudice against white people not up in arms about this?
From the article by Escobar:
“For the Powers That Be/Deep State/Wall Street axis”
“The powers that be”. Besides being a cheesy cop out term that is literally meaningless in practicable application, it represents a psychological willingness to submit to power. The term, as phrased implies these powers are something like a natural law, or social phenomenon anchored in bedrock for all eternity. They are powers beyond our, that’s you and I, ability to resist or affect. The term psychologically implies, and is intended to enforce, the subservient notion of powerlessness among those who oppose the “powers that be” that they are up against something that can not be countered. The term obscures and hides from scrutiny those who we are really up against and serves as a disempowerment tool directed against those working in opposition to the zpc/nwo oligarchy.
Keep that in mind.
Well said.
The term ‘Deep State’ is a misnomer as well. There is nothing particular mysterious or ‘deep’ about vast, unelected bureaucracies that act as black holes, sucking in all light, life, laughter for nothing in return.
‘Wall Street’ points in the right direction, indicating that there is a layer above the political process – the power of money via debt slavery. But the cap stone remains veiled: The ugly truth that Wall Street is a members only club for bloodline Jews and bloodline Crypto-Jews. Yes, Trump is in it.
What makes any of you here believe what Trump has said or will say in the future or even what he will do once he becomes president ?
Are you not aware of who controls the Senate, Congress, Pentagon, CIA, the NSA, the Judicial Branch, most of the executive departments and federal independent agencies, who operate outside of the Federal Executive Departments (like the United States Agency for International Development, Security and Exchange Commission, etc.) even executive officials like people in the National Security Council ?
Are you not aware of how many of these institutions are infiltrated by Neo-Conservatives and/or Zionists ?
Do you know that Donald Trump has absolutely no idea who these people are ?
Do you know who wiped out the Kennedy family and why ?
Do you actually believe that Trump has not been warned to eventually get with the program and toe the line in order for him not to jeopardize the security and wealth of himself and his entire family ?
Trump is either one of them, or will be forced to do what he is told or his goose will be cooked. You cannot be part of the system and not play by its rules, otherwise your dead meat.
Calls for FBI director Comey to resign as Clinton camp assigns blame
https://www.rt.com/usa/366697-clinton-calls-fbi-comey-resign/
“Following Hillary Clinton’s defeat to Donald Trump in the general election, disgruntled Democrats and Clinton herself have pointed the finger at FBI director James Comey, with critics calling for him to resign.”
But…but…but, I thought it was the evil Putin and demonic WikiLeaks who done in the great zio-white hope?
Russian Spies and America’s Reality TV Election
https://sputniknews.com/columnists/201611121047370364-russian-spies-us-election/
“It is notable how US media claims of Russian spying and interference suddenly ceased the day after Trump was elected.
Granted, there have since been lame attempts to make something sinister out of the news that Russian diplomats were admittedly in touch with Trump and Clinton campaign aides before the election. Apart from that damp-squib story that the New York Times and Washington Post tried to enliven, for the most part the “Russian hacker” hue and cry before the election has strangely disappeared from the public arena.”
The claims from the zio-quislings in the pindo regime about Russian interference have also disappeared. Funny that.
“But…but…but, I thought it was the evil Putin and demonic WikiLeaks who done in the great zio-white hope?”
That was yesterday; any continuity in MSM news is deprecated. All villification must now concentrate domestically to support the neocon/Soros purple revolution against Trump.
Altogether now, commence the 2 minute hate. Trump is the new Emmanuel Goldstein.
“The claims from the zio-quislings in the pindo regime about Russian interference have also disappeared. Funny that.”
With regard to its esteemed readers, listeners, and viewers the MSM can be said to have a very good grasp of to what extent people hooked on lies and imbecilities care about consistency and continuity. Wouldn’t be the slightest surprised to hear a brand-new MSM Party Line singling out, say, Paul McCartney as the global villain together with Berlusconi and the Pope. At least it’s a promising — and, I have to admit, highly amusing — sign that Westerners aren’t above the Presstitues’ slanders these days.
Someone has had too much cool aid. Who needs the TPP when the “great” success of societies like Vietnam and China can be recreated in America. It will be just “great” when anything that smells of money, like social security or what is left of the commons, is privatized by the financial and corporate vultures of Wall Street. Even “greater” when business regulations like food inspection are streamlined and left to the food industries themselves. And just in case you think you are going to stand in the way of America attaining “greatness” again Trump and associates, with thanks to their predecessors, have a nice terrorist designation for you and a tanker parked in the middle of the Indian Ocean where you can protest all you want and not a soul will hear your screams. It is just too bad that the blessings of fascism couldn’t have arrived in America sooner don’t you think? Of course this scenario would have played out under either offering only with differing dialogue. The news headlines if truthful should read “Fascist Takes White House – Globalism Advanced By 25 Years.”
Trump is correct with his Corporations, but I think off with his currency manipulation by China. They had to devalue, being tied to the dollar, in order to control their internal market. The banks have done away with ‘rate rises’ as a tool against inflation, as to raise interest rates would collapse companies who have borrowed cheap money, in order to buy their own stocks.
All nations should produce their own goods, for the benefit of the populations, not Corporations, who send abroad for bigger profits, which is what FTA’s were introduced for.
“All nations should produce their own goods, for the benefit of the populations”
This isn’t correct:
First all nations should use their own currency, and produce their own goods, for the benefit of the populations. This is the only way for the money supply and the goods to stay in balance, inside one nation.
Second it is impossible for a nation to produce all their goods DOMESTICALLY so they have to import something.
In this case they have to import and use hard currencies to pay off.
Only nations that can balance the Import – Export trade can protect their economy.
So this scenario is more complicated than Black and White COLORS.
I have read it twice, and will twice more. The business terms are foreign to me and difficult to keep track of therefor. Excellent writer. Thanks.
According to this report, TIPP is effectively dead:
http://thefreethoughtproject.com/tpp-corporate-government-dead/
While I agree with you 99% of the time, Saker, I don’t believe lowering corporate taxes would incite the “greedies” to bring their offshore profits back to America to stimulate the economy. They are greedy uncaring individuals, through and through. They need to be forced to give up their holdings. They won’t do it of their own volition or conscience.
What Trump proposes is not necessarily what Trump gets.
Pepe Escobar excels again! Great article. One hopes that this will lead to reactions against the advances of the neoliberal elites in Latin America…