20-05-2023 - Economic Short News [EN]-[IT]

The only thing I can say about those three headlines is that thank you for updating us

Soffermandomi soltanto sulla n.2 si potrebbe dire che tanto va la gatta al lardo che ci lascia lo zampino. È possibilissimo che il sovraindebitamento statunitense prima o poi non riesca più a reggersi e il giocattolo allora si rompa, ma finora negli USA se la sono sempre cavata non pagando i danni all'estero sui loro titoli divenuto spazzatura (tanto nel caso dell'UE, di fatto colonia americana, si tace ingoiando il rospo perchè Bruxelles non farà mai uno sgarbo a Washington, mentre i popoli latini, asiatici e africani restano le solite pezze da piedi). E non mi sbalordirebbe se finisse nuovamente così. Ma tra l'altro, potrebbero pure stampare nuova moneta: dopotutto non sono certo come i paesi dell'UE che dipendono da una banca centrale europea. C'è in ogni caso da sperare che un affare simile faccia salire il prezzo dell'oro (magari).
!PIZZA

@tipu curate

Congratulations @stefano.massari! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You have been a buzzy bee and published a post every day of the week.

_{You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP}

Check out our last posts:

The Hive Gamification Proposal

1. Interesting to read the perspective of a high-ranking banker in India. Few thoughts I have; first, he retracted that statement without disavowing the actual claim, which his points he makes REINFORCE. Second, he’s correct, the EU, UK, and Japan have no ability to take the place of the US Dollar as the reserve currency, nor does China. However, India CERTAINLY does not, which is what I disagree with him on. In order for India to assume such a role, every other country in the world would have to sign on to that, via international monetary treaty, and good luck. I know of at least several major countries that would never consent to such an agreement (Pakistan, China, Australia, the US, Canada, New Zealand, the UK, the EU as a whole, Saudi Arabia, or Russia).
   
   
2. I’ve shared these thoughts with you privately, but, to reiterate, publicly: the US government has used this exact same rhetoric every single year of my life. They’ve also used the issue of the debt ceiling to gain political concessions, mostly about de-funding the socialized programs people’s stolen money pays for. The US Congress can easily raise the debt ceiling, which is just a cap on the amount of debt that the federal government can take on. The Eurodollar system has so much more liquidity in it than the Federal Reserve could ever hope for. Offshored financial entities can very easily provide necessary capital, if called upon.
   
   
3. The G7 is just another communist entity that seeks to enact its policies upon the whole world – and has done so since its inception. China’s Communist Party opposes the will of the G7, which includes Japan, its “mortal” enemy of the past thousand years. The G7 claims to condem the “Russian War” but has consistently failed to condemn the past 9 years of Kiev bombing the Donbass and murdering Slavs. The G7 has also failed to condemn the illegal occupation of 1/3 of Syria’s agricultural land by the US military – where it is openly stealing Syria’s energy resources. The G7 does not speak for the people who live in its member “countries,” they only speak for their globalist cabal and its plans to dictate how we live.
   
   
   As to the climate issue, the US military is the largest polluter in the world by a wide margin, and has never once committed to ending its practices. Without the biggest offender taking concrete action, this entire sham is just another example of rhetoric being used to scare people. The polar ice caps are melting, to reverse the freezing that took place leading up the Younger Dryas event more than 11,000 years ago. If the members of the G7 truly cared, they’d end military expansionism, which is the largest contributor to all pollution statistics. Ironic that they claim that the global financial system is underpinned by regulatory reforms implemented after the 2008 crisis – considering that many of those very reforms were eliminating safeguards that had been put in place generations before. Diversifying supply chains – that’s a joke. Europe is in perpetual decline demographically and economically.
   
   
   The real wealth was siphoned off long ago by the bankers, who understood that gold and silver are money – and everything else is credit. Credit may help expand economic productivity, but when it is as poorly-capitalized as it is (Greece, Portugal, Ireland, Spain, France, Germany, Italy) that’s not a permanent solution to the declining demographics. Europe lacks the natural resources needed to manufacture the products their people need – therefore they’re incredibly dependent upon imports, whether it be iron ore, gold, silver, cobalt, nickel, lithium, palladium, platinum – they have to pay for that privilege.