Bloomberg and the opposite Pretend Information shops that hate Trump and wish extra EQUALITY, following the exact same philosophies as Stalin imposed in Russia. All we hear is the hazard of wealth disparity. When there isn’t a wealth disparity as a result of individuals are not allowed to invent or change into wealthy, you get financial stagnation and widespread poverty. However these FAKE NEWS shops continuously push the identical nonsense over and over. The de-dollarization is all due to Trump, so we higher overthrow Trump and herald Kamala so the Neocons can actually assist the financial system with uncontrolled, limitless struggle spending and a discount of the inhabitants to scale back authorities obligations.
Whereas the FAKE NEWS and the perpetual GOLD-ONLY crowd promote the de-dollarization with BRICS, which means in time of struggle, you’re shopping for Chinese language yuan, Russian rubles, and the nation most in debt – Brazil. Their perpetual promotion of BRICS and even the newest absurd forecast for Bitcoin at $21,000 by 2046 means that these people seem to know little in regards to the world financial system, the enterprise cycle, or struggle. They refuse to contemplate two essential components: (1) the sovereign debt disaster, and (2) the struggle.
Curiosity Expenditures as % of GDP (High 30 Economies):
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United States: 1.9%
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China: 1.2%
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Japan: 2.0% (regardless of excessive debt, low charges hold funds manageable)
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Germany: 0.8%
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India: 3.3%
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United Kingdom: 3.5%
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France: 1.7%
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Italy: 3.9%
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Brazil: 8.5% (highest amongst main economies)
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Canada: 1.4%
The sovereign debt disaster is brewing, however outdoors the USA FIRST!!!! Canada’s curiosity expenditures are on monitor to exceed healthcare expenditures. Whereas folks proceed to debate the US debt as a purpose for de-dollarization, think about the BRICS; they’re paying extra in curiosity as a proportion of GDP than the US, and Brazil is the worst. Britain is in a precarious state, akin to Italy, and Starmer’s insurance policies are pushing the UK over the sting. Germany has simply deserted austerity and is now going to inflate to organize for struggle. The Sovereign Debt Disaster is UNSUSTAINABLE, however it would break FIRST outdoors the USA. The US would be the final standing.
NATO to Speed up Sovereign Debt Disaster
Because the stress on funding the struggle, NATO needs 5% of GDP for its Neocon Struggle aims. They’re handing Ukraine one other $40 billion that goes into the pockets of untold politicians and little doubt kickbacks even into NATO. This 5% is bigger than the curiosity expenditures. NATO won’t solely take us into World Struggle III, however they’re additionally accelerating the Sovereign Debt Disaster.
That is NOT optimistic for the de-dollarization BS. Europe is very socialistic, and this shift from social spending to struggle will result in extra civil unrest. NATO is a warmongering NEOCON retirement residence. They’ve no real interest in peace, for that will make them redundant. The one means they’ll hold their salaries and pensions is to insist on limitless wars.
Simply evaluate the financial progress charge of america to the exceptionally socialistic insurance policies of Europe. There isn’t any comparability. However the greenback is trash in opposition to every part else? When the bullets begin to fly, capital controls will probably be imposed within the EU, and capital will probably be trapped. Examine even the GDP of Canada to that of the EU. Carney needs to affix Europe.
We’re trying on the stress to lift taxes past earnings. In Australia, some leftists really proposed that it’s unjust for one particular person to inherit a fortune and one other to not. They argued that upon loss of life, every part must be given to the federal government within the title of “Equity” and “Equality,” which is their favourite phrase. In Canada, discussions have been held about proposing a tax on unrealized capital good points on property. The argument is that this was like playing. They earned this cash by mere probability. Such proposals would completely destroy society and the financial system. They don’t seem to be doubtless. Nonetheless, these excessive examples show how the LEFT can’t dwell in peace and all the time wish to take what others have as a result of they’ve greater than they do.
As for the absurd forecast that Bitcoin will attain $21,000 by 2046, that’s the similar emotional evaluation utilized in discussions about local weather change. Sorry, 2025 could also be a major excessive level. With struggle on the horizon, Bitcoin has been an amazing car for transferring cash from one nation to a different. It’s not being purchased as a unbelievable retailer of wealth. In struggle, take out the ability grid and watch what occurs. I can attest to being in Florida, when a hurricane takes down the ability, not even a bank card will work – CASH ONLY!
