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- Category: Society
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- Category: Geopolitical issues
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The interesting thing about working in alternative economics is that inevitably you will become the designated buzzkill. You may be presenting the facts on the ground and the reality behind the numbers, but most of what you have to report will not be pleasant. Alternative economists are doomed to be labeled “doom and gloomers.” And that’s okay…
The truth is what it is, and sometimes it hurts people obsessed with undue positivism and bull market naivety. However, as bad as we seem to be when it comes to a negative outlook, we do not necessarily present the most ugly options on the table.
There is an undeniable trend by some within the liberty movement to assume a Mad Max-style end game to our ever expanding house of cards. That is to say, they see the only plausible outcome being apocalyptic in nature, and nuclear holocaust fits well within this viewpoint. In many cases, the argument is sometimes presented that WWIII is in the best interests of global elites seeking a catalyst for their so-called “new world order.”
This is not to say that I don't think WWIII is a possibility; it certainly is. But I remain rather skeptical of the usefulness of nuclear war for the elites. Primarily because everything they openly claim they hope to accomplish can be accomplished without nukes.
The narrative of a coming conflict between the East and the West has been boiling steadily as the U.S. election nears its end. Even the mainstream media is insinuating the potential for shots fired. Some believe the results of the election will determine the odds of war. I hold a different position. It seems to me that the rhetoric of East vs. West and nuclear exchange is being exploited as a distraction away from a different but almost equally catastrophic end game — the death of the U.S. dollar as the world reserve currency.
First, let’s be clear; nuclear war does little to serve elitist interests. Consider the fact that globalists have been working diligently since 9/11 to install a vast electronic surveillance infrastructure in major cities around the world. This includes a pervasive video surveillance presence, biometric data collection, facial recognition, voice fingerprinting, etc. This is not only occurring in the U.S. and Europe, but in China and Russia. Vladimir Putin signed the Orwellian “Yarovaya Package” into law in June in Russia putting into motion an electronic surveillance apparatus directly on par with any measures exploited by the NSA. Perhaps ironically, even Edward Snowden, currently living in Russia under asylum, criticized the amendments. ...
- Category: Middle East
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- Category: Geopolitical issues
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Source RTThe narrative concerning BRICS in the Beltway/Wall Street axis predictably spans two vectors; the five-member emerging power group - over 22 percent of global GDP, over 40 percent of global population - is either 'in crisis' or dismissed as irrelevant.
This is the Goa Declaration, summarizing the results of the annual BRICS meeting held this past weekend in India. Apparently there's not much that meets the eye. Yet President Putin once again stressed the context; this is a long-term project, a "key element" in the embryonic multipolar world, driven by nations that don't accept "power pressure" and attempted "targeting of sovereignty" by the usual suspects.
Economically, prospects for the BRICS are not as dire as a year ago. The medium-term scenario spells out stability in commodity prices. Even the IMF - always not to be fully trusted - bets on Russia growing 1.1 percent in 2017 (after a 3.7 percent recession in 2015) while Brazil might grow 0.5 percent.
Always looking at The Big Picture, Putin put on a brave face - stressing BRICS integration via more than 30 ministry-level teams working on common political, economic, humanitarian, security and social projects, as well as major advances such as the New Development Bank (NDB) and the proposed, $200 billion BRICS reserve currency mechanism.
Brazil as Trojan Horse?
This was a very tricky BRICS meeting. For the first time Brazil was represented by Temer the Usurper - the beneficiary of the recent institutional/parliamentary/judicial/media impeachment farce in Brasilia that ended up sharply steering Brazil towards a neoliberal "paradise" very much aligned with Washington's interests - and away from the BRICS platform.
Former President Dilma Rousseff had a very productive relationship with the key "RC" in BRICS - Putin and China's Xi Jinping. It's a graphic sign that Putin held bilaterals in Goa with all other BRICS leaders, except Temer. They did talk briefly during the official dinner about Brazil's economic "reforms" - shorthand for the ongoing neoliberal shock.
While Moscow carefully evaluates which way Brazilian loyalties are swinging, Temer The Usurper, for his part, sold the fantasy that Brazil is back in business. No, it's not. A cursory look at the numbers reveals unemployment at an 11.2 percent historic high; monster interest rates (14.25 percent a year); the largest GDP contraction among BRICS nations in 2015 (3.8 percent); and the highest accumulated rate of inflation in one year (8.48 percent).