This week, #Moody’s, the international ratings agency, downgraded its outlook for China’s #credit #rating from “stable” to “negative”, while maintaining the country’s A1 credit rating for now. The agency expressed concern about the weakening economic outlook and rising #debt capacity problems.
#economy #problem #capitalism #politics #trade #trouble #problem #crisis #future #finance #market #news
Cockatoo / From De Arte Venandi cum Avibus (The Art of Hunting with Birds) MS Pal. Lat. 1071 f.20v
#reference #illustration of a #bird
#art #credit #full #due
Nice scam they've got going there.
#Bankenkrise in der #Schweiz : Illusion des Sicheren Hafens
Die Krise der #Credit #Suisse und die Übernahme durch ihre Konkurrentin #UBS demaskieren das Geschäftsmodell der Schweiz.
https://taz.de/Bankenkrise-in-der-Schweiz/!5921282/
"Die Schweiz ist die zweitwichtigste Steueroase der Welt, und Anleger drängen in das kleine Land, weil sie einen „sicheren Hafen“ suchen. Doch dieser Eindruck beruht auf einer Illusion. Da so viele Investoren Franken kaufen, steigt dessen Wert, woraus die Investoren messerscharf schließen, dass der Franken sehr wertvoll sein muss – weswegen sie noch mehr davon kaufen."
Ende der Bank Credit Suisse
Von Ulrike Herrmann
Eine neue Finanzkrise droht wohl nicht. Dennoch zeigt der Fall der Credit Suisse ein Grundsatzproblem: die grenzenlose Gier der Bankmanager.
#taz #tageszeitung #Bankenregulierung #Credit #Suisse #Schweiz #Banken
Finanzexperte Schick zur Bankenkrise
Von Björn Hartmann
Die Krise ist nicht vorbei, glaubt Finanzexperte Gerhard Schick – auch wenn sich die Märkte nach der Übernahme der Credit Suisse beruhigt haben.
Bankenrettung in der Schweiz
Von Caspar Shaller
Der Schweizer Bundesrat hilft mit 209 Milliarden Franken bei der Rettung der Credit Suisse. Das Parlament wird nicht gefragt.
Ökonom Fratzscher zu Bankenkrisen
Von Björn Hartmann
Bankenpleiten in den USA, Rettung einer Credit Suisse: Marcel Fratzscher, Chef des Deutschen Instituts für Wirtschaftsforschung, erklärt die Lage.
#VACCINESCAM SATANIC DEATH CULT EVIL AGENDA
This is #how they will try to get the jab into everyone - into every baby - every child - every citizen -
For the (covert) purposes of #transhumanism, #population control, mass infertility, full spectrum control and tracking... disguised as ' #Health Care' ...
The key to it is a #cashless society using #Digital #Currency linked to a #Social #Credit #System - what's happening in #Brazil is an illustration of how it starts... forcing people needing benefits to get themselves and their children injected -
Lula Imposes COVID Vaccine Mandate For Children To Receive Gov’t Benefits
https://www.infowars.com/posts/lula-...govt-benefits/
Quote Lula said the government vaccine mandate is for the greater good, even if it means citizens take 10 or 50 vaccines.
“For God’s sake, we can’t be ignorant to the point of thinking it’s not worth getting vaccinated,” he said.
“I keep asking myself what kind of love does this mother have for her children, that she doesn’t take care of them at the most important moment when they can be vaccinated and can avoid a more delicate disease in their lives,” Lula continued.
“We can’t hesitate; we can’t play around. It is a question of science,” he said, seemingly ignoring the mountains of evidence the experimental mRNA injection is not only ineffective, but can also lead to a number of adverse neurological and cardiovascular side effects.
“If there are ten COVID vaccines, 50 to take, I will take as many as necessary because I like my life. I think everyone has a duty to their children’s life, take them [to vaccinate] at the right age, that’s why they say the Bolsa Família is coming back,” Lula said.
The announcement marks a major policy reversal since Bolsonaro, who stepped down after a contentious election in November, rejected the COVID vaccine mandate.
Meanwhile, Lula flew to Washington, D.C., on Friday to meet with fellow puppet president Joe Biden for a bilateral meeting praising each other’s far-left policies.
The US House of Representatives on Friday passed the Inflation Reduction Act (IRA). The largest climate package in US history will now move to the desk of President Joe Biden, where it is expected to be signed into law as early as today.
https://www.pv-tech.org/us-house-of-representatives-passes-us369-billion-inflation-reduction-act-biden-expected-to-sign-into-law-imminently/
#biden, #reduction, #credit, #investment, #act, #inflation, #tax, #itc, #news
#Governments #Worldwide are Working in #Lockstep to bring in #Digital I.D. & #Social #Credit #System as #EU agrees to Expand #Online #Censorship with ‘Digital Services Act’
Digital I.D. is the line in the sand for #humanity. It is being introduced as a convenience but will quickly become #mandatory. Then the shackles of #slavery will be #permanently slammed shut.
We must #resist with every ounce of mental and spiritual strength we can muster. The future of mankind rests in our hands with everything we do here and now.
#globalists are planning and implementing an electronic surveillance state and social credit system that, once fully in place, will make it so that no dissident thought is allowed anywhere. that system will then remain in place for literally hundreds of years, giving them total control over the planet for centuries. elections will be controlled, making voting irrelevant. only system politicians can win.
once they have full #control of the #internet and everything electronic, they can go backwards and retcon everything, deleting any dissident material or even all history books. history will be whatever they say it is, and will be taught to all students from then on as the controlling group sees fit. once old people die off, there won’t be anybody left to tell younger people that the people in charge are lying about everything taught in school.
and once they fully close that trap, only war can get us out. but the system is specifically designed to make it so dissidents cannot communicate, virtually eliminating the possibility of organized resistance to the regime. we only have a decade or two left before the system is fully built and implemented, and politics become completely irrelevant. marc andreessen thinks they will go after internet infrastructure next. that’s possible.
Take care of our senses, it is the last thing under our full control (for many not anymore). It is one of the most important things that belongs to us, if we lose it, they will come to our soul/spirit/alma, if that happen we just become a ghost in the machine. Dead void cold steel.
how the modern fiat money system works - what causes inflation?
first of: “economics” is where “believe” and “science” meet.
Often it is not clear, what parts of economics is “real science” and what is “make believe”.
What is for sure: all “modern” monetary systems are FIAT systems,
this means, some entity (state or bank, usually “independent” bank of banks)
So ask yourself: What gives money it’s value?
As it has no intrinsic value (it is not gold and since the 70s the US-$ is (thanks to Nixon and the Vietnam war) not linked to gold anymore).
The German Mark after ww2 was one of the first FIAT systems, economists predicted it will never work.
But it worked, because Germans worked hard for that paper money, even if it can not be converted to Gold or Silver or “guaranteed amount of bushels of grain” or this or that product of scarcity (that in the terms of grain, actually provide some purpose).
So does printing more money cause inflation?
Sure it does.
Ask yourself: What does a bank produce?
Actually a bank produces only one thing: loans.
If it does not produce loans, it’s like a factory with no output (lost it’s purpose).
The question is: If the banks fail at their core task, can the state step in, and lend money to citizens that want to create those innovative products = jobs?
Also What is the best way to battle inflation?
Imho it would be:
second best fix:
Thatcher did that it was not pretty.
Buying and selling stocks or real estate, is not investment, it’s speculation (not adding value to society in any sense).
#money #alternative #systems #altcoopsys #alternatives #OsOfSociety #OperatingSystemsOfSociety #SystemPhilosophy #dinero #dollar #euro #yen #rubel #sustainability #resilience #complementary #complementarycurrency #cooperation #monetaryreform #financialreform #financialsystemreform #financialcrisis #mortagecrisis #debtcrisis #occupywallsreet #finance #moneysystem #financialsystem #economics #ecologicaleconomics #economy #capitalism #kapitalismus #system #central #bank #inflation #fita #currency #banks #loans #loan #credit #value #adding #democracy
Originally posted at: https://altcoopsys.org/2022/07/22/how-the-modern-fiat-money-system-works-what-causes-inflation/
people never did awaken did they ,now they are trapped in the virtual reality
which is not really living is it ?
New Social Credit App to Reward Italian Citizens for ‘Virtuous Behavior’
https://www.europereloaded.com/new-social-credit-app-to-reward-italian-citizens-for-virtuous-behavior/
New Social Credit App to Reward Italian Citizens for ‘Virtuous #Behavior’ - #Europe Reloaded
ER Editor: We’re running 2 stories here on the same phenomenon. We really DO RECOMMEND watching the Thales 3-minute video on what this type of app does and how it’s being pushed
New #Social #Credit App to Reward Italian Citizens for ‘Virtuous Behavior’ - Europe Reloaded
the risks of all digital (no cash) payment systems & amok AI:
“This happens quite often with customers of the Cashgroup banks (@DeutscheBank / @Postbank / @Commerzbank / @Comdirect) as soon as their algorithms hit your account is directly without giving exact reasons – then sense” (bank account blocked – without any reason given #what the serious f***? all gone mad?) (src: twitter)
Shivani Siroya@TEDx: “A smart new business loan for people with no credit”
this sounds way better than… (clever marketing) reality…
[video width=”628″ height=”368″ mp4=”https://dwaves.de/wp-content/uploads/2022/03/2022-03-23\_Tala\_mobile\_lending\_App\_in\_Kenya.mp4″\]\[/video\]
https://ytpak.net/watch?v=EV88RmUzRP8
this video gives interesting insights into everyday life in Africa, Kenya….
#linux #gnu #gnulinux #opensource #administration #sysops #africa #ted #tedx #alternatives #loans #afrika #tala #finance #credit #score #bigdata #privacy #surveillance #apps #tracking #mobile #lending #banks #bank #deutschebank #commerzbank #comdirect #postbank #cashgroup
Originally posted at: https://dwaves.de/2022/03/23/data-protection-clearly-does-not-exist-in-africa-shivani-siroya-tedx-a-smart-new-business-loan-for-people-with-no-credit-when-ai-takes-over-and-calls-all-the-shots-and-nobody-knows-why-i/
Shivani Siroya@TEDx: “A smart new business loan for people with no credit”
this sounds way better than… (clever marketing) reality…
[video width=”628″ height=”368″ mp4=”https://dwaves.de/wp-content/uploads/2022/03/2022-03-23\_Tala\_mobile\_lending\_App\_in\_Kenya.mp4″\]\[/video\]
https://ytpak.net/watch?v=EV88RmUzRP8
this video gives interesting insights into everyday life in Africa, Kenya….
#linux #gnu #gnulinux #opensource #administration #sysops #africa #ted #tedx #alternatives #loans #afrika #tala #finance #credit #score #bigdata #privacy #surveillance #apps #tracking #mobile #lending
Originally posted at: https://dwaves.de/2022/03/23/data-protection-clearly-does-not-exist-in-africa-shivani-siroya-tedx-a-smart-new-business-loan-for-people-with-no-credit-when-ai-takes-over-and-calls-all-the-shots-and-nobody-knows-why-i/
Shivani Siroya@TEDx: “A smart new business loan for people with no credit”
this sounds way better than… (clever marketing) reality…
[video width=”628″ height=”368″ mp4=”https://dwaves.de/wp-content/uploads/2022/03/2022-03-23\_Tala\_mobile\_lending\_App\_in\_Kenya.mp4″\]\[/video\]
https://ytpak.net/watch?v=EV88RmUzRP8
this video gives interesting insights into everyday life in Africa, Kenya….
#linux #gnu #gnulinux #opensource #administration #sysops #africa #ted #tedx #alternatives #loans #afrika #tala #finance #credit #score #bigdata #privacy #surveillance #apps #tracking #mobile #lending
Originally posted at: https://dwaves.de/2022/03/23/data-protection-clearly-does-not-exist-in-africa-shivani-siroya-tedx-a-smart-new-business-loan-for-people-with-no-credit-when-ai-takes-over-and-calls-all-the-shots-and-nobody-knows-why-i/
Shivani Siroya@TEDx: “A smart new business loan for people with no credit”
this sounds way better than… (clever marketing) reality…
[video width=”628″ height=”368″ mp4=”https://dwaves.de/wp-content/uploads/2022/03/2022-03-23\_Tala\_mobile\_lending\_App\_in\_Kenya.mp4″\]\[/video\]
https://ytpak.net/watch?v=EV88RmUzRP8
#linux #gnu #gnulinux #opensource #administration #sysops #africa #ted #tedx #alternatives #loans #afrika #tala #finance #credit #score #bigdata #privacy #surveillance #apps #tracking #mobile #lending
Originally posted at: https://dwaves.de/2022/03/23/data-protection-clearly-does-not-exist-in-africa-shivani-siroya-tedx-a-smart-new-business-loan-for-people-with-no-credit-when-ai-takes-over-and-calls-all-the-shots-and-nobody-knows-why-i/
