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What part will your country play in World War III?

By Larry Romanoff

The true origins of the two World Wars have been deleted from all our history books and replaced with mythology. Neither War was started (or desired) by Germany, but both at the instigation of a group of European Zionist Jews with the stated intent of the total destruction of Germany. The documentation is overwhelming and the evidence undeniable. (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11)

That history is being repeated today in a mass grooming of the Western world’s people (especially Americans) in preparation for World War IIIwhich I believe is now imminent

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Monday, April 27, 2020

The Real Economic Problem Is Not The Closedown by Paul Craig Roberts


The Real Economic Problem Is Not The Closedown



The Real Economic Problem Is Not The Closedown
Paul Craig Roberts
What do we make of it all?  I just read an article in the New York Times that reports that President Trump lied and hid from the public the severity of the Covid-19 pandemic https://www.nytimes.com/2020/04/28/opinion/coronavirus-trump-coverup.html .  On the other side, I encounter endless Internet rage that Covid-19 is a hoax, that New York city’s hospitals  are empty and no one has died.  It is nothing but a Rothchild-Rockefeller-Bill Gates plot. Perhaps the most stunningly inconsistant claim of all is that it is a bioweapon that is so harmless that there should have been no lockdown.  Why make a harmless bioweapon?  
Where one stands on the closedown depends on where one stands on other issues.  If you are a libertarian, you oppose the closedown because it interferes with your freedom and keeps useless old people alive who cost you payroll tax dollars.  It you are a Trump-hater like the New York Times you blame trump for understating the threat and not closing down soon enough.  If you are a Trump supporter you blame China and expect China to pay for it by forfeiting their trillion dollar holding of US government bonds.  
Those decrying the closedown are unaware of the mischief they are making.  They have set it up for the elites, who have taken us for another “bailout the one percent ride,” to blame the resulting economic depression on the closedown.  The US economy has been in a long-term recession.  Growth in income and wealth has accrued to the top few percent who own the majority of stocks and bonds driven up in price by the Fed’s money printing.  The rest of the population has been hurt by the offshoring of their jobs and by the financialization of the economy that leaves them little or no discretionary income after they pay their rent or mortgage, car payment, credit card payment and student debt.  
The economy was already in a debt deflation with 40% of the population unable to raise $400 cash according to the Federal Reserve.  The inevitable consequence of a debt deflation is economic depression as debt deflation precludes sufficient consumer aggregate demand to drive the economy.  GDP growth has received no help from business investment, because corporations have used their profits to buy back their own shares.  
The closedown is not responsible for the debt deflation, the foundations of which were already in place.  But the closedown has given it a push.  Small businesses were not bailed out like larger ones such as Boeing.  For small businesses the closedown represents a period when their costs exceed their revenues.  For the unemployed that resulted from the closedown, their living expenses continued but their pay checks did not. The Trump checks help as do temporary moratoriums on evictions to dely the inevitable, but for the majority of the already heavily indebted, the closedown adds to their debt.
Michael Hudson and I believe that an economic system that enriches the rentier class by converting as much of personal income as possible to the service of debt is an economic system that is dead in the water.  One possible way out is a debt writedown in order to create some discretionary income.  Keep in mind that when the replacement of offshored manufacturing jobs with Walmart jobs stopped US GDP growth, Federal Reserve Chairman Alan Greenspan subsituted growth in consumer debt for the missing income growth, and by this substitution created discretionary income by loading up the consumer with debt.
That load is now full.  We are in the unenviable position of having very high stock prices in an econony that has no growth potential.  The high stock prices are the product of trillions of dollars injected into financial asset prices.  If the reopening spreads the virus and produces a second wave that overwhelms the health care system on a broader basis, the economy could be shutdown again, or if kept open could be disrupted by widespread illness or reluctance to accept exposure to the virus.  On the other hand, if the virus has run its course, or the threat was exaggerated, the existing stifling debt burden remains. 
The danger in the shouting and finger-pointing is that a sick economy will be blamed on the closedown, not on the debt burden.  Reopening the economy does not make the debt burden disappear.  Michael Hudson and I have tried to focus the public and policymakers on the real problem.  So far we have been unsuccessful.


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Manifestações

2007 Speech

UKRAINE ON FIRE

Discurso do Presidente da Rússia, Vladimir Putin, na manhã do dia 24 de Fevereiro de 2022

Discurso do Presidente da Rússia, Vladimir Putin, Tradução em português




Presidente da Rússia, Vladimir Putin: Cidadãos da Rússia, Amigos,

Considero ser necessário falar hoje, de novo, sobre os trágicos acontecimentos em Donbass e sobre os aspectos mais importantes de garantir a segurança da Rússia.

Começarei com o que disse no meu discurso de 21 de Fevereiro de 2022. Falei sobre as nossas maiores responsabilidades e preocupações e sobre as ameaças fundamentais que os irresponsáveis políticos ocidentais criaram à Rússia de forma continuada, com rudeza e sem cerimónias, de ano para ano. Refiro-me à expansão da NATO para Leste, que está a aproximar cada vez mais as suas infraestruturas militares da fronteira russa.

É um facto que, durante os últimos 30 anos, temos tentado pacientemente chegar a um acordo com os principais países NATO, relativamente aos princípios de uma segurança igual e indivisível, na Europa. Em resposta às nossas propostas, enfrentámos invariavelmente, ou engano cínico e mentiras, ou tentativas de pressão e de chantagem, enquanto a aliança do Atlântico Norte continuou a expandir-se, apesar dos nossos protestos e preocupações. A sua máquina militar está em movimento e, como disse, aproxima-se da nossa fronteira.

Porque é que isto está a acontecer? De onde veio esta forma insolente de falar que atinge o máximo do seu excepcionalismo, infalibilidade e permissividade? Qual é a explicação para esta atitude de desprezo e desdém pelos nossos interesses e exigências absolutamente legítimas?

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ARRIVING IN CHINA

Ver a imagem de origem

APPEAL


APPEAL TO THE LEADERS OF THE NINE NUCLEAR WEAPONS' STATES

(China, France, India, Israel, North Korea, Pakistan, Russia, the United Kingdom and the United States)

中文 DEUTSCH ENGLISH FRANÇAIS ITALIAN PORTUGUESE RUSSIAN SPANISH ROMÂNA

manlio + maria

MOON OF SHANGHAI site

LR on CORONAVIRUS

LARRY ROMANOFF on CORONAVIRUS

Read more at Moon of Shanghai

World Intellectual Property Day (or Happy Birthday WIPO) - Spruson ...


Moon of Shanghai

L Romanoff

Larry Romanoff,

contributing author

to Cynthia McKinney's new COVID-19 anthology

'When China Sneezes'

When China Sneezes: From the Coronavirus Lockdown to the Global Politico-Economic Crisis

manlio

James Bacque

BYOBLU

irmãos de armas


Subtitled in PT, RO, SP

Click upon CC and choose your language.


manlio

VP




Before the Presidential Address to the Federal Assembly.



The President of Russia delivered
the Address to the Federal Assembly. The ceremony took
place at the Manezh Central Exhibition Hall.


January
15, 2020


vp

President of Russia Vladimir Putin:

Address to the Nation

Address to the Nation.

READ HERE


brics


Imagem

PT -- VLADIMIR PUTIN na Sessão plenária do Fórum Económico Oriental

Excertos da transcrição da sessão plenária do Fórum Económico Oriental

THE PUTIN INTERVIEWS


The Putin Interviews
by Oliver Stone (
FULL VIDEOS) EN/RU/SP/FR/IT/CH


http://tributetoapresident.blogspot.com/2018/07/the-putin-interviews-by-oliver-stone.html




TRIBUTE TO A PRESIDENT


NA PRMEIRA PESSOA

Um auto retrato surpreendentemente sincero do Presidente da Rússia, Vladimir Putin

CONTEÚDO

Prefácio

Personagens Principais em 'Na Primeira Pessoa'

Parte Um: O Filho

Parte Dois: O Estudante

Parte Três: O Estudante Universitário

Parte Quatro: O Jovem especialista

Parte Cinco: O Espia

Parte Seis: O Democrata

Parte Sete: O Burocrata

Parte Oito: O Homem de Família

Parte Nove: O Político

Apêndice: A Rússia na Viragem do Milénio


contaminação nos Açores



Subtitled in EN/PT

Click upon the small wheel at the right side of the video and choose your language.


convegno firenze 2019