Bloomberg and the opposite Faux 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 is no such thing as a wealth disparity as a result of individuals are not allowed to invent or turn into wealthy, you get financial stagnation and widespread poverty. However these FAKE NEWS shops always push the identical nonsense over and over. The de-dollarization is all due to Trump, so we higher overthrow Trump and usher in Kamala so the Neocons can actually assist the economic system with uncontrolled, limitless conflict 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 conflict, you might be 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 economic system, the enterprise cycle, or conflict. They refuse to contemplate two important elements: (1) the sovereign debt disaster, and (2) the conflict.
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 preserve 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 motive for de-dollarization, contemplate 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 arrange for conflict. The Sovereign Debt Disaster is UNSUSTAINABLE, however it should break FIRST outdoors the USA. The USA would be the final standing.
NATO to Speed up Sovereign Debt Disaster
Because the stress on funding the conflict, NATO needs 5% of GDP for its Neocon Warfare aims. They’re handing Ukraine one other $40 billion that goes into the pockets of untold politicians and little question kickbacks even into NATO. This 5% is larger than the curiosity expenditures. NATO is not going to solely take us into World Warfare III, however they’re additionally accelerating the Sovereign Debt Disaster.
That is NOT constructive for the de-dollarization BS. Europe is extremely socialistic, and this shift from social spending to conflict will result in extra civil unrest. NATO is a warmongering NEOCON retirement residence. They’ve little interest in peace, for that might make them redundant. The one approach they’ll preserve their salaries and pensions is to insist on limitless wars.
Simply examine the financial progress charge of america to the exceptionally socialistic insurance policies of Europe. There isn’t any comparability. However the greenback is trash towards 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 hitch Europe.
We’re trying on the stress to boost taxes past earnings. In Australia, some leftists truly proposed that it’s unjust for one particular person to inherit a fortune and one other to not. They argued that upon demise, every part ought to 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 likelihood. Such proposals would completely destroy society and the economic system. They aren’t possible. Nevertheless, these excessive examples show how the LEFT can not stay 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 identical emotional evaluation utilized in discussions about local weather change. Sorry, 2025 could also be a big excessive level. With conflict on the horizon, Bitcoin has been an ideal car for transferring cash from one nation to a different. It isn’t being purchased as a improbable retailer of wealth. In conflict, 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!
