World Economic News and Discussion

Reading about what is happening in Japan and other countries is depressing but they bought this onto themselves.

Russia needs to start growing her population.

kvs wrote:Japan is being made to lick the heel of its master.   Those PC laws are pure humiliation.

The population of Japan is falling because the cost of living in that country is insanely high.   That includes food and you pay through
the nose for closet sized apartments.  I think this factor is more significant than the liberated cock slut third wave feminist movement
for the population dynamics.   But female entitlement is growing which is accelerating the decline.

If you look at the immigration as it is implemented today, it is highly selective.   Japan is following the template of importing visible
"minorities" and excluding "whites".    The agenda is to physically change the composition of PC-conforming countries.    

Why don't these countries tell these people to fuck off?

par far wrote:

kvs wrote:Japan is being made to lick the heel of its master.   Those PC laws are pure humiliation.

The population of Japan is falling because the cost of living in that country is insanely high.   That includes food and you pay through
the nose for closet sized apartments.  I think this factor is more significant than the liberated cock slut third wave feminist movement
for the population dynamics.   But female entitlement is growing which is accelerating the decline.

If you look at the immigration as it is implemented today, it is highly selective.   Japan is following the template of importing visible
"minorities" and excluding "whites".    The agenda is to physically change the composition of PC-conforming countries.    

Why don't these countries tell these people to fuck off?

We see how country elites behave. They submit to the alpha dog elite in the USA and its associates. Countries do not act the
way that people think they should. Real power is not deployed how people believe.

The Cold War as a great racket by the USA to align elites around the world with itself. It created fear of communist usurpation and
they gladly bent over for Uncle Scumbag. These local elites do not give a flying fuck about their people and real national interests.
We can see this in the EU which acts insanely against its own obvious interests because the EU elites are Uncle Scumbag's minions.
Russia is targeted for destruction because it does not submit.

Interesting how there is so much yapping about goodness and democracy from power centers which follow the Satanic submission
model of power.

kvs wrote:

par far wrote:

kvs wrote:Japan is being made to lick the heel of its master.   Those PC laws are pure humiliation.

The population of Japan is falling because the cost of living in that country is insanely high.   That includes food and you pay through
the nose for closet sized apartments.  I think this factor is more significant than the liberated cock slut third wave feminist movement
for the population dynamics.   But female entitlement is growing which is accelerating the decline.

If you look at the immigration as it is implemented today, it is highly selective.   Japan is following the template of importing visible
"minorities" and excluding "whites".    The agenda is to physically change the composition of PC-conforming countries.    

Why don't these countries tell these people to fuck off?

We see how country elites behave.   They submit to the alpha dog elite in the USA and its associates.   Countries do not act the
way that people think they should.   Real power is not deployed how people believe.  

The Cold War as a great racket by the USA to align elites around the world with itself.   It created fear of communist usurpation and
they gladly bent over for Uncle Scumbag.   These local elites do not give a flying fuck about their people and real national interests.
We can see this in the EU which acts insanely against its own obvious interests because the EU elites are Uncle Scumbag's minions.
Russia is targeted for destruction because it does not submit.

Interesting how there is so much yapping about goodness and democracy from power centers which follow the Satanic submission
model of power.

Very good points, one of the many things that President Putin did that was very good was reorganizing, rearming and upgrading the military and law enforcement agencies.

Didn't want to start a new thread so leaving this one here.

Bitcoin breached the 56k USD barriere today. Will be a matter of time before it hits the magical 100k mark (probably before the end of the year).

I personally started buying at 2.5k (2017). Insane. It's our modern day goldrush. Bitcoin is revolution. Bitcoin is for the People. Bitcoin has the ability to bring down governments.

Just found out that Russia is implementing ever stricter measures against crypto (taxing it for starters), me no like. Disappointing but not unexpected. Some bankster fraud stated that 'the Ruble rules, while cryptos drool'. Banksters worldwide want to f people over by keeping them tied up to their ever more worthless and manipulated fiat currency. 40 percent of all USD were printed last year, think about that

https://www.google.com/amp/s/www.coindesk.com/russia-lower-house-approves-crypto-taxation-bill-in-first-reading%3famp=1

https://www.google.com/amp/s/www.pymnts.com/news/bitcoin-tracker/2021/bitcoin-daily-russian-government-bans-officials-from-holding-crypto-buyycoin-hack-leaks-private-data-325000-users/amp/

I'm mining ethereum and it auto converts to Bitcoin (nicehash) on my RTX 3000 card. So I'm just gonna sit on it and let it mine till it reaches that sweet spot. Already did an order for a 3080 in hopes of mining more.

How does it affect your electricity bill?

I am currently in a place where running the AC 24/7 is considered a luxurious lifestyle (due to decades of corruption, mismanagement and low IQ enabling) so unfortunately no mining here.

Been meaning to ask this, where do i cash in my Crypto, i live in a place where Paypal doesn't receive money and there's no local crypto exchange.

At this point i can only buy some Crypto for secret transactions, but i can't cash out.
The only way i can hope to cash out, is by buying gold or silver with the Crypto and have that sent to me.

https://mobile.twitter.com/michaeljburry?lang=en

Michael J. Burry is predicting hyper inflation within several years.

elconquistador wrote:https://mobile.twitter.com/michaeljburry?lang=en

Michael J. Burry is predicting hyper inflation within several years.

I hope he's right, I gotta invest more in Bullions and cash out before everything crashes.
Curse my lack of capitol last year.

AlfaT8 wrote:

elconquistador wrote:https://mobile.twitter.com/michaeljburry?lang=en

Michael J. Burry is predicting hyper inflation within several years.

I hope he's right, I gotta invest more in Bullions and cash out before everything crashes.
Curse my lack of capitol last year.

Gold as an inflation hedge? If you look at the charts showing real estate, prices for commodities and adjusted gold prices (from let's say the 80s) that image changes overnight

@ Parfar

".... Reading about what is happening in Japan and other countries is depressing but they bought this onto themselves.Russia needs to start growing her population....."

They said that coincidence is not causality. But you never get causality without coincidence. And we get  economic meltdown, every time  we deal with  Capitalism.

I will tell you a joke. A man went to his Doctor ,  complaining that  his right eye was hurting badly . The Doctor could not find any cause, and asked the man to explain what happens when he gets the pain. The man said that it happens when he is drinking a cup of tea !  I stir my sugar with a tea spoon ,  then leave the spoon in the cup , raise the cup to my face........... ( thereby  stabbing  himself in the eye  with the tea spoon)  and then feel a great pain !

But my Cat is far more clever. He climbs up the same tree branch every day.  Never putting full weight on , testing it every time. If he senses any weakness in the tree branch , he will not step over it .......!

How is the economy / inflation where you live??

To me, this represents a Great Depression

Germany Suffers 300 Billion-Euro Hit From Covid Fallout, Research Group Says
Damage represents about 9% of the country’s annual GDP
Losses and distortions will ‘take years’ to balance out

https://www.bloomberg.com/news/articles/2021-05-24/germany-suffers-300-billion-euro-hit-from-covid-fallout-iw-says?srnd=premium&fbclid=IwAR1XrHoWoxmLSwc576uXdBKqUGekQWvZM1DawXSHeD2kOvBsmtbm5hd-VZE



As for where I live, thanks, I believe, to the Biden Administration pumping money into the economy, inflation has hit food prices, gasoline, lumber... the cost of everything has gone up!

My son-in-law, who is a carpenter, wanted to build a gazebo-type structure in their back yard. ONE BOARD that he needed, cost $100. He said forget it!

There is a voice from the past

Cowboy's daughter wrote:How is the economy / inflation where you live??

To me, this represents a Great Depression

Germany Suffers 300 Billion-Euro Hit From Covid Fallout, Research Group Says
Damage represents about 9% of the country’s annual GDP
Losses and distortions will ‘take years’ to balance out

https://www.bloomberg.com/news/articles/2021-05-24/germany-suffers-300-billion-euro-hit-from-covid-fallout-iw-says?srnd=premium&fbclid=IwAR1XrHoWoxmLSwc576uXdBKqUGekQWvZM1DawXSHeD2kOvBsmtbm5hd-VZE



As for where I live, thanks, I believe, to the Biden Administration pumping money into the economy, inflation has hit food prices, gasoline, lumber... the cost of everything has gone up!

My son-in-law, who is a carpenter, wanted to build a gazebo-type structure in their back yard. ONE BOARD that he needed, cost $100. He said forget it!

The surge in real estate prices even in Canada is proof that there is too much money being injected into the system. Instead of being absorbed by the
real economy it gets cycled in speculative "investment" activity. In Canada, food price inflation has been over 7% for the last 15+ years. It is actually
closer to 10% more recently. Covid is just another shock to the rotting western economic system. All of the hysteria about the un-west is diversionary
propaganda. The Yellow Vests in France having been protesting the real decline in the standard of living in France over the last few decades and the
fact the regime in charge is not interested in dealing with this, but wants to keep throwing the French people under the bus in its globalist ambition.

The quantitative easing and Biden's and Trump's Pancho Villa printing presses on overdrive show that the west has has no ability to handle the Covid shock
in a substantial way. The "solution" is to inflate some more bubbles and hope they don't pop soon. The US dollar amount increased the most in history
already in 2020. So the 2020 election for POTUS did not reflect any change in fiscal policy.

https://tradingeconomics.com/united-states/money-supply-m0

https://tradingeconomics.com/united-states/money-supply-m2

Hello franco! & thank you, kvs for posting!

The price of real estate, land, houses... has gone out the wazoo here, & the cost of rent also!

Not only that, but property taxes have gone up a considerable amount, without any improvement to property.

Also, many times we go to the grocery store, but what we are looking for, is not there! (at Walmart, which is the worst)

Crazy things, like cherries, certain brands of cookies, cans of mixed vegetables.

The U.S. far outpaces other countries in sending used clothing to Africa and Asia – with adverse environmental consequences.


https://www.usnews.com/news/best-countries/articles/2021-11-11/how-dead-white-mans-clothing-is-clogging-the-global-south

Tucker explains why the CPI is a joke. The whole weights for different expenses approach is absurd. A better measure would
be just the average inflation in all consumer prices without any weighting of the average.

Isos wrote:

First, please dont offend, even if we desagree.

Second, SWIFT is not even a consideration any longer. Just consider it done. And no, this time its not just going to hit some individuals, is going to be hard ones, hitting hundreads of individuals. In the past, wasnt done because no one wanted to hurt Russian people. Seems they dont care about it any longer.

Third, the idea that the USD can be replaced, or that West economy is going to tank soon is just laughabel. West economy dwarfs any other, and if we take in consideration Japan and South Korea the gap is just enourmous. That gap its not going to change anytime soon.

A quick search on twitter. Even you master disagree with you.


Bloomberg Opinion
@bopinion
4h

Kicking Russia off the Swift international banking network could have a nasty boomerang effect, says @Bershidsky


Third point: you compare a block of more than 20 countries against either Russia, China or Japan. It tells a lot about their power.  

Of course SWIFT kick will have a nasty effect on the West as well. No one said eitherwise. As any sanction does have an effect on the party that does it as well.

I dont understand your point regarding the West block vs Russia or China. What I am stating is that the West economy dwarfs any other economy. Let it be in talent, capital access, or whatever variable we choose, it dwarfs any other economy. Its a fact not an opinion.

PapaDragon wrote:

Pacense wrote:Word on the street is that there are at least 1T USD worth of assets ready to be taken from Russians in the west. Some even say that number can reach out 3T USD. That number might seem impossible to reach but if we consider all types os assets as real estate, shares, gold, bank accounts, etc, it might easily reach that number. SWIFT disconnection and tech boycott, is not even an issue any longer, it's already consider done.

A backclash from Russian people to those measures seems likely, but the "lets punish Putin and his inner circle only" just seems not enough now from the west perspective in the event of a war....

Average Russian doesn't have shit in foreign banks nor any property abroad and would love nothing more than see those who do get taken to the cleaners

Also any rich bitch who does have anything abroad will instantly lose any influence he has the moment he loses money, nobody asks beggars for opinions

Plus if anyone is was dumb enough to still keep money abroad doesn't deserve to have it

Quite the contrary will happen. In times of turbulence, and I can't think any bigger one than war, people will try to save as much as they can, and capital flight out of Russia is expected. That is why there must be implemented capital flight safeguards, otherwise it can be a downhill ball, with major effect on currency exchange for example.

Isos wrote:

I dont understand your point regarding the West block vs Russia or China. What I am stating is that the West economy dwarfs any other economy. Let it be in talent, capital access, or whatever variable we choose, it dwarfs any other economy. Its a fact not an opinion.

West economy is good only because they have neocolinazed rest of the world which is getting an end.

Now most countries have their own faculties to form people and can produce their own stuff, specially thanks to china that provides analogue stuff to western ones. And most of them are trying to get ride of western tech. Sure they don't have the tech to go in space but they can replace everyday life stuff like smartphones, computers, energy, cars...

China has changed the rules like it or not that's a fact.

And western are in deepshit. They can't send back those factories from China/India because it cost too much and they have mo more trained people to work in them. And they can't live without chinese goods.

India will follow similar path as China by copying what it produces for western companies in indian based factories and will flood the market.

Russia controls the energies.

If they both impose sanction on EU europeans will feel it much more than russians when they imposed sanctions on Russia.

You seem to bring a lot of wishfull thinking into the discussion.

US, Japan, Germany, UK, France, Italy and Canada, all have bigger economies than Russia. The US alone has an economy which is almost 15X bigger. New York state alone has a bigger economy than Russia. Really close to Russia, you have Australia, Spain, South Korea or the Netherlands. After that you will still have like 30's other countries with a developed economy index to add up. Hopping that they will suffer the same amount of pain by reciprocal sanctions, its just delusional.

Sure Russia has the energy card, sure Asia is growing and will surprass the West in the next century. Sure Brasil and Africa will have a saying in the world affairs in the future. But either we like or not, right now, the west is the economic powerhouse of the world.