The global economy is in serious danger

Post by **kenneal - lagger** » 01 Mar 2016, 18:25

No, we wouldn't! And we wouldn't want it in Wales, Scotland or Ireland either.

If the rest of Europe forked out as much as we are doing we could make that place, and others like it, very much more liveable. What is the point of spending all the money it would take to move these people three or four thousand miles, and what about the carbon emissions as well, to live in similar conditions because moving that number into Europe would cause similar conditions here. Then we would have to move them all back again after the war.

And what about the crushed expectations for the work that all these people would have. There would probably be a riot or two when they found that we were depriving them of the right to work because we couldn't find enough jobs for them here.

It is shear stupidity to say that we have to bring them all to Europe to better their conditions. They should stay as close as possible to home so that they can get back there easily when the war is over.

Post by **kenneal - lagger** » 01 Mar 2016, 18:36

Getting back on thread, one of the reasons that the world economy is in such dire straights is that the financial economy is syphoning off vast sums of money from the real economy and making paupers of the vast majority of the world's population.

If the multinationals like Google, DODGY TAX AVOIDERS and Starbucks paid a similar amount of tax to that paid by the small companies that they are putting out of business we would have no need for austerity in the UK and most of the world would be in a similar position. As it is, these companies are steeling money from us and depositing it in tax havens from where it goes into useless things like derivatives and destructive things like the property bubble. Very little of it is invested in things that are useful to the greater part of the population and actually builds capital as it would have been understood in times past.

You could probably directly relate the rise of the financial sector with the rise in poverty and austerity and the downfall of the world's economy.

snow hope · Post by **snow hope** » 02 Mar 2016, 12:39

That is a VERY good point Ken! I must admit I have never really seen the problem in that manner - billions being syphoned off from the real economy by corporatocracy, to be spirited away into non-productive use in the zombie financial economy..... that fills a gap in my understanding - thanks.

Another confirmation why the system is on the edge of failure.

emordnilap · Post by **emordnilap** » 02 Mar 2016, 12:44

And by supporting the Googles (and Aldis, Tescos etc etc) we are complicit.

johnhemming2 · Post by **johnhemming2** » 02 Mar 2016, 13:03

Please don't claim all large corporations are the same. Some (eg Google) use more complex tax schemes than others (say Tesco).

You do need to look at what taxes are paid in total by these organisations.

I personally am much more critical about Google and Starbucks than Tescos. (from this perspective).

I don't know the situation with Aldi.

biffvernon · Post by **biffvernon** » 22 Apr 2016, 20:31

Ahem...

The Fiat Money Quantity continues to rise at an accelerated pace, and now stands at $14.286 trillion.

If it had continued to rise at the pre-Lehman crisis pace, it would be standing at only $8.474 trillion, a difference of $5.82 trillion.

https://alternativeeconomics.co/bloglin ... fmq-update

biffvernon · Post by **biffvernon** » 22 Apr 2016, 22:11

We Could Be Witnessing the Death of the Fossil Fuel Industry—Will It Take the Rest of the Economy Down With It?

http://www.alternet.org/environment/we- ... my-down-it

raspberry-blower · Post by **raspberry-blower** » 24 May 2016, 09:44

Charles Hugh Smith: We're in the eye of a Global Financial Hurricane

Charles Hugh Smith wrote: The global financial system is in the eye of an unprecedented hurricane. While central bankers are congratulating themselves on their god-like mastery of Nature, and secretly praying to the idols of the Keynesian Cargo Cult every night, the inevitable consequence of borrowing from the future, the obsession with "growth" at any cost and financialization /monetary stimulus, a.k.a. the rich get richer thanks to central banks is systemic collapse.

Don't fall for the mainstream media and politicos' shuck-and-jive that all is well and "growth" will return any day now. The only "growth" we're experiencing are the financial cancers of systemic risk and financialization's soaring wealth/income inequality.

snow hope · Post by **snow hope** » 24 May 2016, 22:19

I hope people are getting some real money - silver and gold?

Coloured paper now seems to have a very limited future and of course we all know by now what the new money will be based on don't we???

Get some

woodburner · Post by **woodburner** » 25 May 2016, 07:28

It's all very silly. In the end you can't eat money. You might argue you can buy thigs with it, but are you a good enough negotiator when your starving not to pay an ounce of gold for a loaf of bread?

Post by **kenneal - lagger** » 25 May 2016, 13:26

We're investing most of our money in land and the wherewithall to work it. And, of course, the people to help us defend and work it.

vtsnowedin · Post by **vtsnowedin** » 31 May 2016, 23:49

kenneal - lagger wrote:We're investing most of our money in land and the wherewithall to work it. And, of course, the people to help us defend and work it.

The defense of your land is the key. The currency of the future will be ammunition. 22 long rifle will be the $ 1 dollar The 30-30 the $5 dollar. the 12 gauge buck the $10.00 the 30-06 the $20 the 7 mm Remington mag the $50 and the 50 BMG (Browning machine gun) will be the $100 Ben Franklin.
Think about working all day long in the hot sun weeding somebodies else's vegetable patch for a single 22 long rifle.

Little John · Post by **Little John** » 01 Jun 2016, 00:28

It wont be guns (alone) that will protect your land. It will be tenant farmers. If you think you and your immediate family can individually protect several hundred acres with a few firearms, when all around you are starving, you will be in for a rude awakening.

The feudal system did not last so long for no reason.

Post by **kenneal - lagger** » 01 Jun 2016, 01:44

My strategy is to develop our eco hamlet and also give tuition to the people living around us in food production and get communal growing schemes going. The wider we can spread these the better our security will be. Weapons are a last resort and will have to include the long and cross bows as the ammunition for these is easier to come by in the UK. It's growing all around us and the arrow tips can be made from scrap.

Automaton · Post by **Automaton** » 01 Jun 2016, 11:52

kenneal - lagger wrote:My strategy is to develop our eco hamlet and also give tuition to the people living around us in food production and get communal growing schemes going. The wider we can spread these the better our security will be. Weapons are a last resort and will have to include the long and cross bows as the ammunition for these is easier to come by in the UK. It's growing all around us and the arrow tips can be made from scrap.

I think that's the best plan, if you can do it, especially if you include a great deal of well hidden supplies (even enough to share with a few folks if possible); just to get you through the initial chaos if things should go suddenly.