Brexit process

[vtsnowedin]

What would you need beyond that?

No ISDS for a start.

And your objections to ISDS are ?
https://ustr.gov/about-us/policy-office ... ement-isds

[Little John]

Are you serious?

The ISDS judges are selected in secrecy from the same corporate class they are adjudicating on

A claim made against a government is made in secret

The arbitration process is carried out in secret

The arbitration judgement is made in secret

Such secret judgements can fly directly in the face of elected governments' manifestos - either after the fact or, possibly even worse, before the fact in a way that the electorate can never know the reason why a given policy is not offered or has had to be dropped.

ISDS is the antithesis of democracy. It is one of the primary reasons why TTIP was such a monumental bag of shit.

[Mark]

ISDS is the antithesis of democracy.

The US likes to promote democracy around the world....
It even likes to go to war over it......, when it suits....

[emordnilap]

Are you serious?

He can't be, he made me laugh.

[vtsnowedin]

I had forgotten about the secret aspect of it. I would not consider anything done in secret due process.

[kenneal - lagger]

A trade deal with the US would risk us getting dumped with cheap, hormone laden, chlorine washed, GMO filled meat and glyphosate laden grain for a start. We already have an obesity problem with all the shite that US owned food manufacturers dump on us despite EU regulation so without EU regulation and with the desire for a trade deal, any trade deal, to make government promises look good, we look set to suffer an increasing obesity problem in the future.
I still believe we would be better of out of the EU but we mustn't be rushed into very, very, very bad trade deals just to keep Remoaners quiet, and it is Remoaners who are making the running on this.

Going back to the WW2 discussion, I can't help wondering if all the stuff the US sent to the USSR was as good as the torpedoes that the great US industrial complex supplied to its own armed forces, what good it all did for the USSR? And us for that matter? One of the ships they leased to us was so good that we rammed it into a dock gate in France and blew it up!! We didn't finish paying for that ship and all the other stuff they "lent" us until well into this century. What a bargain! I wonder if they supplied the explosive to blow their own ship up with?

[kenneal - lagger]

Here's an explanation of what is about to happen to us and what happened to us after WW2 with the Bretton Woods Agreement which was "negotiated"/imposed on the world by the US after that war. Because of the strength that the US dollar and the US's position as major oil supplier to the world gave it at the time they were able to impose a financial system on the world that greatly favoured the US at the expense of the rest of us. Looks like they are about to come unstuck though as the US's position in the world wains and China's increases.

Every few decades, the world’s financial system goes through a reset. Just before a complete collapse, the powers that be come together in an obscure place and hash out the terms of the new currency system.

That new system usually gets named after the random place they decided to meet.

After World War II it was Bretton Woods. Trade imbalances and the outflow of gold forced the Smithsonian Agreement and the Jamaica Accord in the 70s, which gave us floating currencies. The Treaty of Versailles was one they got wrong, with disastrous consequences.

These are just some examples from the 20th century. But the history of the financial system resets goes back much further.

Ever wondered what “wiping the slate clean� really meant? Ever bothered to find out what’s written on the Rosetta Stone – the key that allowed us to unlock the secrets of ancient languages?

These refer to ancient financial resets. The world used to know them as Debt Jubilees – when all the debt record slates were wiped clean and all debt slaves were released from their bondage.

These resets occurred for the same reason as those last century – to prevent a crisis and the uproar that goes with them. To create a new workable system.

At some point, a reset of the financial system is preferable to the status quo. It might be that the level of debt is just too high to service. Or perhaps a government printed too much money. In 1971 it was the American trade deficit that led to an outflow of gold. The Rosetta Stone and related records suggest that the amount of debt slaves were so high it risked a rebellion at the time.

Whatever the threat, a reset comes before anything really hits the fan.

But why is a reset coming?

Have you ever pondered how the world can continue to borrow more than it could ever repay? Do you think that countries like Greece and Japan will honour their debt mountain forever? What will happen to the student loans that cannot be repaid? Will younger generations always agree to be debt serfs to banks for decades just to own a house? How long will China agree to finance the American government which sends aircraft carriers to monitor its oceans?

If you’re wondering how it all will end, a global financial reset is your answer.

Before all hell breaks loose, governments will simply propose a new system entirely. We never get a total meltdown.

The thing to know about these momentous events, when the rules of the game of economics are rewritten, is that they cost some people their entire wealth. Others become extraordinarily rich by owning the right assets.

In other words…

You need to make sure you’re on the right side of the coming reset

There are two ways to do this.

The first is to own assets unaffected by monetary chaos and government decree. It’s unlikely the government will ever confiscate your home or ounces of gold you own in secret. The price of both might surge or tumble, but you’ll own a hard asset either way.

Assets held in the financial system are at risk. Your bank accounts could be converted into a new currency, devalued or become subject to a wealth tax. Just look at what happened to Brits in Cyprus.

Your retirement investments could be rationed – the Australian government is already proposing this for its prized Superannuation System to prevent the withdrawal of lump sums.

Company pensions are dangerously unreliable in a financial reset because they’re a financial obligation – something that usually gets wiped clean in a reset. Besides, many companies just can’t afford them.

You need to think about owning things the government need not know about, and things that are unlikely to be taken from you.

Then there’s the second option

It’s brand new. In every country experiencing a reset it’s performed extraordinarily well, so it’s tried and tested. In effect, it’s an opt out of the financial system entirely, but without the inconvenience of gold.

You need to find out how it works, how to get in on the action and how it will protect you from any government shenanigans, including during a global financial reset imposed by governments. You’ll discover the answers here.

You’re running out of time

When the Western World’s leaders meet at Davos, the G20 in Riyadh, or at a Bilderberg Conference, they’ll surprise you with the new system. The Davos Accord, Riyadh Treaty or Bilderberg Agreement will establish the new financial order overnight in the face of chaos.

It might be a global currency, like the Economist magazine predicted recently. Or the end of the fiat currency experiment and a return to gold, as commentator Jim Rickards predicts. Or perhaps the leaders might harness the power of the blockchain, as some countries are already exploring.

China’s secret gold purchases and Germany’s gold repatriation from America suggest where they’re putting their money. Russia and Singapore are looking at blockchains and digital currencies. Governments are on the move, positioning themselves for the coming reset.

Whatever they new system they choose to create, you need to be ready. Because it will be swift and firm.

Best wishes,

Nick Hubble
Editor, Capital & Conflict

[Little John]

A trade deal with the US would risk us getting dumped with cheap, hormone laden, chlorine washed, GMO filled meat and glyphosate laden grain for a start. We already have an obesity problem with all the shite that US owned food manufacturers dump on us despite EU regulation so without EU regulation and with the desire for a trade deal, any trade deal, to make government promises look good, we look set to suffer an increasing obesity problem in the future.
I still believe we would be better of out of the EU but we mustn't be rushed into very, very, very bad trade deals just to keep Remoaners quiet, and it is Remoaners who are making the running on this.

Going back to the WW2 discussion, I can't help wondering if all the stuff the US sent to the USSR was as good as the torpedoes that the great US industrial complex supplied to its own armed forces, what good it all did for the USSR? And us for that matter? One of the ships they leased to us was so good that we rammed it into a dock gate in France and blew it up!! We didn't finish paying for that ship and all the other stuff they "lent" us until well into this century. What a bargain! I wonder if they supplied the explosive to blow their own ship up with?

Why can't we simply hold onto/duplicate EU regulations that are positive onto our own domestic legislature? Apart from anything else, it makes trading with the EU that much easier post BREXIT.

[vtsnowedin]

Going back to the WW2 discussion, I can't help wondering if all the stuff the US sent to the USSR was as good as the torpedoes that the great US industrial complex supplied to its own armed forces, what good it all did for the USSR?

We won in the end so what better measure do you have.
Do you really think they made faulty torpedoes or anything else for that matter on purpose?

And us for that matter? One of the ships they leased to us was so good that we rammed it into a dock gate in France and blew it up!!

And what was the military value of the dock gate?
Perhaps it was worth more then the military success of the HMS Prince of Wales and HMS Repulse which was zero.

We didn't finish paying for that ship and all the other stuff they "lent" us until well into this century. What a bargain! I wonder if they supplied the explosive to blow their own ship up with?

You Brits need to get this burr out from under your saddle.
The USA did not have an iron in the fire in WW1 until we had lent you so much money and war material that we could not have afforded to let
you lose. That the militaries of Queen Victoria's grand children could fight to the death over oil and coal in Alsace-Lorain was not our problem.
And WW2 was caused by the stupid treaty after WW1 that was imposed on Germany over the USA's objections.
We have bailed your A$$ out twice. Don't count on us doing it again. [/quote]

[johnhemming2]

Have you ever pondered how the world can continue to borrow more than it could ever repay? Do you think that countries like Greece and Japan will honour their debt mountain forever?

Some sovereign debt (and particularly Greek debt) has been written off. Those countries end up paying higher rates of interest on their government debt. Our rate of interest is currently 1%. Japan is likely to pay, Greece may not, but it is a relatively isolated case.

What will happen to the student loans that cannot be repaid?

In the UK the government puts aside 40% of the value of the finance to cover things like this. That is done every year and means that the student loans that are not expected to be repaid are already funded.

Will younger generations always agree to be debt serfs to banks for decades just to own a house?

25 year mortgages have been around for a long time. When Building Societies were set up so that ordinary people could buy properties the offer of finance was seen as a positive thing. If it was removed it I think that would be seen as a negative step.

How long will China agree to finance the American government which sends aircraft carriers to monitor its oceans?

The issue of international relations is a more volatile issue, of course.

[emordnilap]

Here's an explanation of what is about to happen to us and what happened to us after WW2 with the Bretton Woods Agreement which was "negotiated"/imposed on the world by the US after that war.

World debt today: $217 trillion and counting. Against a world GDP of around $65 trillion.

Not that the $217 trillion is actually worth anything. A lot of it is debt derived from debt, debt endlessly sold onwards. But tangible assets, goods-producing systems, are so 20th century, early 20th century at that.

These boyos are building up for the biggie, fairly soon and we'll end up paying for it again. Care to speculate on a specific month?

[kenneal - lagger]

There wasn't a problem with Building Societies. The problem came when the banks got involved in mortgage provision, as I have stated on another thread, and turned the market to their own benefit.

[Potemkin Villager]

What would you need beyond that?

No ISDS for a start.

And your objections to ISDS are ?
https://ustr.gov/about-us/policy-office ... ement-isds

This "reply" barely passes the Turing test.

[emordnilap]

Yes. And there seems to be a general notion that law somehow trumps democracy or even good of the people. Clever, eh?

[AutomaticEarth]

According to Ryanair boss / lunatic Michael O' Leary, they'll be no flights between the UK and EU:

http://www.telegraph.co.uk/news/2017/07 ... -aviation/

Really, you couldn't make it up. Saying that, this may be good news amongst us Powerswitchers