Money games of debt and world domination
https://www.youtube.com/watch?v=rExJE2sMUUk
10:12 min video
#video #debt #money #YanisVaroufakis #Varoufakis
#debt
The #US national #debt is now rapidly approaching $36 trillion at a rate which has been characterised by all of Washington’s official institutions, including the Treasury Department and the Federal Reserve Board, as “unsustainable,” and where one dollar in seven of the annual federal budget is needed just to pay the interest bill.
Such metrics if applied to any other state would lead to its designation as bankrupt. But the US enjoys a unique position within world capitalism because the dollar is the global currency and therefore its debt is financed by the inflow of #capital into dollar assets from the rest of the world.
This means that ever-increasing US spending, above all on the military to finance its expanding war front, is financed by the accumulation of debt, financed by others.
But if #dollar #supremacy is in any way significantly questioned or if confidence is undermined, even well before there is any prospect of an alternate currency, then the inflated debt structure is threatened with a crash.
from
"Elon Musk Is Wrong" Top Economist Warns - Prof. Steve Keen
Private debt is way higher than government debt. Government debt is necessary to develop the economy.
https://invidious.fdn.fr/watch?v=pGAhw6j2yis
https://www.youtube.com/watch?v=pGAhw6j2yis
On the decline of empire, with historical parallels
The grand experiment that began in 1776 will come to an end, as all once-great nations do. The US will continue to exist, but as a shadow of its former self, in the manner of the failed empires before it.
https://internationalman.com/articles/national-fire-sale/
#USA #US #american #warmongers #debt #economy #Western #management #capitalism #fail #collapse #crisis #poverty #history
Fools are always punished by history because they don't learn it.
Hubert Serret sur LinkedIn
Du grand n'importe quoi Thierry Breton.
C'est sous Giscard d'Estaing, le 3 janvier 1973 très précisément, que la France a été obligée de s'endetter lorsque les députés français, majoritaires du centre droit à l'extrême droite, ont voté l'interdiction de battre monnaie à la banque de France et que le Sénat, très majoritairement à droite, à validé cette trahison.
Ensuite, Mitterrand a effectivement suivi, à partir de 1984, le modèle économique néoliberal qui a été imposé au monde par les USA, consistant à remplacer le moteur habituel de la croissance du PIB, le pétrole pas cher avec un très fort EROEI, par de la dette par habitant sous forme de $, monnaie d'échange mondiale, dont les États Unis ont le privilège du tirage, se substituant au contenu énergétique du PIB (E/PIB), dont le prix du baril de pétrole a triplé en octobre 1973 du fait des accords de l'OPEP et dont l'EROEI est en forte chute.
Le contenu d'énergie nécessaire va passer de 20 kWh pour fabriquer 1$ de PIB, en 1970, à 2 kWh, en 2018 (E/PIB).
Dans le même temps, la dette par habitant (D/POP) va passer de 900 $ par habitant, en 1970, à 26000 $ par habitant en 2018, tandis que de 1970 à 2018, la population passe de 3,5 milliards à 8 milliards d'habitants sur Terre.
La France ne représente pas grand chose au niveau mondial et a subi, comme le reste du monde, la déferlante de dettes US.
De toute façon, la dette est la source de la croissance du PIB, sans croissance de la dette pas de croissance du PIB.
LA DETTE OU (ET) LE CHAOS ?
https://lnkd.in/eRYBw4Bm
La fameuse "croissance" du PIB est un mensonge économique, c'est en réalité de la DETTE injectée dans l'économie pour booster la consommation, produisant le PIB nécessitant de l'Energie pour la production, énergies à plus de 80% fossiles, émettrices de GES qui réchauffent le climat et détruisent la biodiversité.
Démonstration mathématique à partir de l'équation de Kaya à laquelle j'ai rajouté la DETTE :
CO2 = (CO2/E) * (E/PIB) * (PIB/DETTE) * (DETTE/POP) * POP
Équation utilisée par l'ONU, la Banque Mondiale, l'AIE (IEA), BP, PWC, etc...
Vous voulez connaître la croissance mondiale du PIB en 2024 ?
Il suffit de connaître le montant de DETTE qui sera injectée.
Voilà la formule "magique" à 99.82% de precision :
PIB = 4.19844909928152 DETTE^0.815144241251946
La croissance infinie du PIB n'est que de la croissance infinie de la DETTE, un forçage anthropique qui détruit le climat et la biodiversité.
#forçage #anthropique
#dette #croissance #pib #chaos #effondrement #climat #rechauffementclimatique #urgenceclimatique #biodiversite #economie #kaya #BAU
#Environnement #ipcc #giec #nosenfants #generationsFutures #terre #inhabitable #terreInhabitable #energiesFossiles #conscience
#climat #urgenceclimatique #rechauffementclimatique #limites #biodiversite #BAU #dette #debt #pib #croissance #CO2 #CH4 #GES #ClimateAction
World’s top 1% own more wealth than 95% of humanity, as “the shadow of global oligarchy hangs over UN General Assembly,” says Oxfam.
https://www.oxfamamerica.org/press/press-releases/worlds-top-1-own-more-wealth-than-95-of-humanity-as-the-shadow-of-global-oligarchy-hangs-over-un-general-assembly-says-oxfam/
#UN #wealth #humanity #capitalism #imperialism #oligarchy #finance #debt #money #power #blackrock #vanguard #deepstate #banksters #poverty
Is that so?
The Rothschilds manage Ukraine's debt
The Rothschilds took part in negotiations on Ukrainian debt in Paris in July
#Reuters: The #Rothschild clan helped reach an agreement with #Ukraine's private #creditors.
Ukraine is a small, concrete example of how certain financial hordes are monopolising countries that have now been privatised like commodities and dragged into #conflicts, then into #debt #slavery for the benefit of non-political clans eager to move on to the creation of a world state and the total enslavement of man, and even better of course of trans-man, to vulgar financial science, which is already well advanced.If politics were eventually to re-establish itself in the world (the return of the human being and the end of the planet of the apes) to the detriment of finance, which is merely a tool, it goes without saying that all the investments made in Ukraine would at least in part revert to the Russian Federation, which is not going to stop its offensive against the Ukropithecans in Ukraine any time soon, i.e. the people of Ukraine who have been effectively trained as #Nazis by the West to #kill Russians, which is what they really are most of the time, even in their local dialect.
Does ‘the people in Ukraine who were actually trained by the West to be #Nazis to kill #Russians’ mean that they are basically trying to kill their own people?
Michael Hudson: Debt, Economic Collapse, and the End of Civilization
https://www.youtube.com/watch?v=SO-qHypWlgE
#Michael #Hudson : #Debt , #Economic #Collapse , and the #End of #Civilization
#deepstate #banksters #IMF #USA #US #american #economy #finance #money #debt #Ponzi #fraud #fail #Western #capitalism #MiddleEast #Mesopotamia #history #workersrights
Meanwhile, as the theatrics of a #Presidential #Election grind on...... let's all forget bout the #Economy
#USA #debt will reach $35 trillion in the next few days.
In 2020 it was $28.3 trillion
Debt to GDP 2024 = 122%
Debt to GDP 2020 = 57%
Right now about $1 million is added to the total debt about every 30 seconds. Might not sound much... Think how much that is per day.
Around 85% of the debt is owned by interests outside the USA.
China's debt, for example, is about 85% owned by China.
Hello
I return after a long break.
Thought I would post this.
It shows a few things.
One. Now that people have finally been pushed to the edge by the current ruling elite and their garbage decisions the people are looking for an alternative. That choice must be stopped by any means possible. The threat of an economic decline or collapse will be held out as a reason not to change.
But
Two. Purely by the numbers an economic collapse of some form is on its way. At best a decline in prosperity as the costs and debt will rise and the ability to service that debt will decline.
Interesting times.
https://www.zerohedge.com/political/debt-brakes-and-treaty-requirements-about-smash-eu
Your #debts #gone, thanks to A.I
https://www.youtube.com/watch?v=rs1mwZZeCoQ
Can Artificial Intelligence help us fight back against the debt collectors?
Robert O’Deck, from the Observation Deck channel, says it can and does. He has programmed an app that ensures debts simply go away.
E-Book Mk 2 with AI: https://gaiauni.com/product/defusing-the-debt-bomb-ii-unleash-the-power-of-ai-in-your-debt-defence-strategy/
boo f*cking hoo — Trump campaign can’t raise a dime as Haley donors defect to Biden
by Jeff Tiedrich
https://www.jefftiedrich.com/p/boo-fucking-hoo-trump-campaign-cant
#TrumpisaLoser #MAGA #GOP #GQP #Republicans #Elections #Trump #RNC #Law #Debt
FULL SHOW St Mary LePort Planning Corruption; David Miller Anti-Zionism Victory; Tucker Grills Putin
– Joe Banks, freelance journalist, joins Tony and Martin. Joe has done intensive investigations in to the planned development at St.Mary le Port, Castle Park, #Bristol.
– Planning Corruption at the Heart of Bristol, Joe Banks on St Mary Le Port private equity development
– The Story of St Mary le Port: short(ish) version by Joe Banks – Political interference, specialists sidelined and developer power:
– Office block scheme at the historic heart of the city reveals important insights into Bristol’s planning and development regime – Joe Banks
– Laura Trott, Chief Secretary to the #Treasury, and it’s worrying how little she knows. Laura Trott accused of not knowing ‘basic facts of her job’ after questions over #debt
– Dr David Miller court victory: Anti-Zionism now a ‘protected characteristic’ under UK hate crime law
– David Miller, journalist and former Professor of Sociology at Bristol University, joins Tony and Martin. David Miller has won his court case against claims he was anti-Semitic
– Anti-Zionist views protected after tribunal makes landmark ruling in favour of sacked professor Dr David Miller Anti-Zionism is a legally protected characteristic
– Professor David Miller successfully claimed discrimination based on his philosophical belief that #Zionism is inherently racist
– Retired US General Wesley Clarke explains US doctrine of ‘escalation dominance’ and why US has to strike Iran.
– Gen. Wesley Clark many years earlier in 2007 – Project for the New American Century and their plan to attack 7 countries in 5 years to clean up old Soviet client regimes.
– Matt Campbell needs donations for the inquest in to his brother’s death in 9/11 attack – Crowd Funder We are the family of Geoff Thomas Campbell — our beloved son and brother
– And the great #dragon was cast out, that old serpent, called the #Devil, and #Satan, which deceiveth the whole #world: he was cast out into the earth, and his demons were cast out with him. Revelation 12:9
– Tough questions from Tucker Carlson in wide-ranging Putin interview
– Alex Krainer, author of ‘Grand Deception: the Truth About Bill Browder, the Magnitsky Act, and Anti-Russian Sanctions’, joins Tony and Martin online from Monaco to discuss
– Clear and present danger: wars incubate fascism War and preparations for war are extremely toxic to society. These are times to be brave. The war drums in Europe and in the Middle East
– David Halpin, former surgeon, on King Charles’s prostate problem and what cancer he thinks he has. Prostate examination may have revealed King Charles had rectal cancer
– NOT The BCfm Politics Show presented by #TonyGosling
https://www.bitchute.com/video/7i2yTdR3rsnV/
About ukraine's debt to western creditors
Ukraine's public debt has doubled in two years of war. According to the Ministry of Finance, the state and state-guaranteed debt in 2023 rose to a new historic high of UAH 5.519 trillion or $145.32 billion. Over the year, the figure in hryvnia increased by 35.4% (UAH 1.444 trillion), in currency - by 30.4% ($33.9 billion).
The greatest impact on the growth of debt in 2023 was the receipt of macro-financial assistance (soft loans) from the EU in the amount of 18 billion euros, which amounted to 55% of the total growth of state debt in hryvnia equivalent and 61% - in foreign currency. Expenditures on servicing the state debt in 2023 amounted to 8.2% of the general fund expenditures of the state budget (compared to 6.5% in 2022 and 12.4% in 2021).
Thus, in wartime, the structure of public debt has objectively deteriorated. Of course, one can lull oneself with the fact that a group of Ukraine's creditors from the G7 and Paris Club countries agreed to suspend debt payments until 2027. But this is a weak consolation.
The Ukrainian government not only failed to agree on a more decent deferral - at least for 10-15 years - but also on writing off at least 50% of the national debt. Moreover, they could not agree on reducing the interest rate. And all this avalanche of debts will fall on the country in 2027.
https://t.me/MediaKiller2021/11291
I wonder who among the remaining ukrainians will want to pay for this gigantic debt to western creditors?
#failstate #ukraine #economy #debt #fail #money for #western #creditors #nato #us #eu
Is a global debt crisis looming? | Counting the Cost
Global debt has hit a record $307 trillion in 2023.That includes the amount of money owed by corporations, governments and individuals around the world. And ...#AlJazeera #AlJazeeraEnglish #alJazeera #aljazeeraEnglish #aljazeeralive #aljazeeravideo #aljazeera #aljazeeraEnglish #aljazeeralatest #aljazeeralive #aljazeeralivenews #business #countingthecost #debt #economy #latestnews #newsheadlines
Is a global debt crisis looming? | Counting the Cost