Please share this page on social media!
"Fear and greed, not mathematics, drives the economy." -- Michael Rivero
Your bogus economic dogma of “growth via the wealth effect” created the demographic karma that will bring down the status quo.
What happens when you bleed your workforce while enriching those who already own assets with one bubble after another, all in the name of “fostering growth”? To answer this, let’s modify a felicitous phrase: Sorry Our Demographic Karma Ran Over Your Economic Dogma.
The Demographic Karma is young people can no longer afford houses, healthcare or children and so the birthrate plummets and the workforce shrinks to the point that the bloated, heavily indebted status quo collapses under its own weight.
Demographic-economic chartist CH summed it up very succinctly in a recent Tweet:
@Econimica: Asset/RE bubbles (of assets primarily held by elderly/institutions) must be maintained to avoid a banking/economic crash…but the price will be the ongoing collapse of families/births…saving the present at the expense of the future (again).
In yet another alarming example of the perils associated with dialing 911 for help, an unarmed 11-year-old boy found himself in the midst of a tragically aggressive law enforcement response for doing what he was taught by the system to do. His courageous act to protect his mother during a domestic disturbance ended with a taxpayer-funded round in his torso.
The boy, Aderrien Murry, did exactly what he was instructed to do in such situations — he called 911 to report a domestic disturbance involving his mother and the father of his sibling. Rather than the assistance he sought, Aderrien was met with a violently disproportionate response. Officer Greg Capers, according to the family’s attorney Carlos Moore, arrived on the scene with weapon drawn, preparing for battle rather than de-escalation.
NATO forces have attacked a group of demonstrators in the majority-Serb town of Zvecan in Kosovo, RT Balkan reported on Monday. Stun grenades and tear gas were deployed, and around 50 people were injured.
Serb demonstrators staged a sit-down protest outside municipal buildings in Zvecan, Zubin Potok and Leposavic on Monday morning, preventing ethnic Albanian officials from taking office following elections boycotted by the Serb population as illegitimate.
Kosovo police officers arrived on the scene in Zvecan, backed up by members of NATO’s Kosovo Force (KFOR). The heavily-armored NATO troops surrounded the demonstrators, who refused to disperse, RT Balkan’s journalist on the scene reported.
Meta, the parent company of Facebook, was fined a record-shattering €1.2 billion ($1.3 billion) on Monday by Ireland’s Data Protection Commission and subsequently ordered to stop transferring data collected from Facebook users in Europe to the United States in breach of European data protection laws.
According to the body’s decision, the company failed to adhere to a 2020 decision by the European Union’s highest court that Facebook data sent to the US from the EU, as the New York Times (NYT) reports, “was not sufficiently protected from American spy agencies.” Meta is now set to begin a lengthy appeal process.
It should be noted that this EU decision is on top of an ongoing $725 million class-action lawsuit impacting hundreds of millions of users who were active in the United States from May 2007 to December 2022. Facebook stands accused of making users' data available to third parties without their permission.
The status of the US dollar as the kingpin currency could be challenged with time and under certain circumstances by the BRICS group of emerging countries, according to Jim O’Neill, the former Chairman of Goldman Sachs Asset Management.
O’Neill coined the term BRIC – later expanded to include South Africa – and at the time predicted that the four emerging countries (Brazil, Russia, India, and China) were on their way to reshaping the world economy.
“The idea that the dollar will remain king forever, I think, is probably unlikely,” the economist said in an interview with TV show Going Underground. “This is not the first time that people have talked about the end of the dollar, it happens every other year if not with the same intensity” he said, adding that the US currency would probably at some point lose its position.
“I do think if China and India could ever strongly agree on things as the two biggest countries in the emerging world… then that would probably hasten the end of the dollar’s dominance,” he stated.
During the 2020 electin, Kari Lake was pitted against a formidable “cheat machine” and her odds of prevailing were slim. Nevertheless, credit must be given to her dogmatic determination and relentless fight… and speaking of that fight, this latest clip regarding the 2022 AZ governor election from Team Kari is a doozy and has already amassed over 8 million views.
Team Kari says there were concerning events that occurred in Maricopa County regarding the testing of tabulators for the election. Specifically, on October 14th, 17th, and 18th, secret testing took place on these tabulators after the legally required Logic & Accuracy test had already been conducted. According to Team Kari, out of a total of 446 tabulators, a significant number of 260 failed during this secret testing phase. Despite these failures, these same tabulators were still used on election day, where an alarming 59% of them failed. Team Kari believes this is the smoking gun that proves sabotage.
Chris Evans, the actor who portrays Captain America in Disney’s The Avenger movies, decided to interject himself into the debate surrounding the events of January 6, 2021 in Washington D.C., and the decision by patriots to storm the Capitol. He Tweeted, “Just think of the carnage had they not been white.”
Well, we do know of an event that happened in late May of 2020, when tens of thousands of Black Lives Matter supporters tried to rush into the White House (for who knows what purpose) and overwhelm Secret Service agents, all in the name of honoring a career criminal named George Floyd.
Remember Mr. Floyd? He once engaged in a home invasion in 2009, pointing a gun at a pregnant woman during this robbery.
So what happened that fateful night in Washington D.C. back on May 31? A full-blown insurrection in the name of a black career criminal…
The bloc is reportedly unwilling to pursue the hawkish stance on trade with Beijing and Moscow being promoted by Washington
The European Union does not intend to condemn Russia and China for "economic coercion" in its joint trade strategy with the US, Bloomberg reported on Tuesday citing a draft document.
According to the outlet, the US has been advocating a more confrontational stance on China, while members of the EU have been reluctant to adopt a hawkish approach despite embracing the concept of "de-risking" regarding outbound investment, which is endorsed by both Washington and Brussels.
The EU reportedly seeks to reduce its economic exposure to the Asian powerhouse by signing on to the US-led policy of curbing Beijing's access to advanced technologies. At the same time, the bloc is struggling to maintain a balance in relations with Washington and China, which remains an important trading partner for the EU.
France and Italy objected to references to China as a non-market economy during internal meetings, Bloomberg reported citing sources familiar with the document.
You won’t be able to buy anything without permission from the government. Every dollar you earn, spend, or save will be monitored by autocrats who, with the click of a button, can turn off your earning, spending, or saving potential at any time. You’ll be forced to buy food, clothing, shelter — and everything else you need or want — according to tyrannical dictate. Or you will be prevented from purchasing by the same oligarchs, who control not only what you buy, but when and from whom you buy it.
This might seem like dystopian science fiction. But thanks to central bank digital currency (CBDC), it is unfortunately already reality in some countries.
China has been using its own CBDC, the digital yuan, since April 2021 to help impose the surveillance and control of financial transactions that is already common practice in that country.
There, the government ranks its subjects using a social credit score, which labels a person as a good or bad citizen. Living in China, you earn high scores for things such as paying off debt, praising government initiatives on social media, and observing speed limits. High scores translate into perks for public services.
Based upon information which came to me discreetly via postal mail, I have concluded that World War 3 can kick-off in less than two weeks, between the dates of June 12 thru 24. The largest NATO air 'exercise" - Air Defender 23 - takes place in that time period; may cover Ukraine "Counter-Offensive."
As described during my Memorial Day radio show last night, my wife and son came up to the house here in Pennsylvania, from our regular home in New Jersey, this past Saturday evening. They brought with them, postal mail from my P.O. Box which has accumulated for about 3 weeks.
In that postal mail was a discreet, but large, envelope, containing what can be described as intelligence material about certain NATO planning.
I perused the material and then set about trying to verify it. But with the entire US being on Memorial Day Weekend holiday, it was very difficult reaching my contacts from my years working with the FBI Joint Terrorism Task Force (JTTF), during which I handled National Security Intelligence, Terrorism, and Foreign Counter-Intelligence.
As of early this morning, Tuesday, May 30, I am able to reach several contacts from my FBI years, and am further verifying the material.
Here's what I can confirm:
NATO will commence its largest air exercise in history, called "Air Defender 2023" on June 12.
Air Defender 23 will be the most significant military exercise ever carried out in European skies. The event will involve the air forces of 25 nations.
The EU has called on Russia not to escalate its conflict with Ukraine despite Tuesday’s drone attack on Moscow. The bloc’s foreign affairs spokesman, Peter Stano, claimed he did not know all the details of the incident.
“We took note of the reports claiming allegedly that there were some drones flying over the region of Moscow. This is not really for us to comment on, we don’t know anything about the origins or about the details of it,” Stano said during a briefing in Brussels.
“The only thing I can recall and repeat is the strong call by the EU to Russia not to use such incidents as a pretext for further escalation of its illegal aggression against Ukraine,” the official added.
The comments came after Moscow Mayor Sergey Sobyanin announced on Tuesday morning that the city had come under attack from multiple drones. The incident was confirmed by the Russian Defense Ministry, which accused Kiev of conducting a terrorist attack.
Moscow will remain the principal threat to London until the end of the decade, UK Defence Intelligence chief Adrian Bird said on Tuesday, in a rare public appearance at a Royal United Services Institute event.
“The UK’s non-discretionary security priority must be our home region of the Euro-Atlantic, and here we assess that Russia will remain the greatest threat to the UK mainland out to 2030,” Bird said.
He did not elaborate why the spies thought Russia would stop being a threat after that point. From 2030 onward, Bird argued, “China will present the greatest challenge to the UK’s overseas interests and economic security.”
New York City Mayor Eric Adams has left a terribly bad taste in my mouth.
The fit, 62-year-old former police officer held a ceremony Friday to sign a law banning discrimination based on height and weight in employment, housing, or public accommodations.
Now that's something nearly everyone can agree on.
People should not be denied jobs, apartments, services or otherwise based on their size. And if the mayor stopped there, I wouldn't have had any objections.
But he didn't.
When asked to respond to critics who see this new law as a step back in the fight against obesity - a condition that is literally killing Americans every day - Adams got it all miserably wrong.
Several progressive lawmakers, including Representative Cori Bush (D-MO), have called for the United States to pay reparations to black people amounting to $14 trillion in their Reparations NOW resolution.
This call has been echoed by several cities, including Los Angeles, St. Louis, and Asheville, North Carolina, which have commissioned reparations pilot programs. However, these efforts have been met with criticism from conservatives who view them as a "bait and switch" and an attempt to "dig into the history."
Princeton professor Dr. Carol Swain has cautioned Black Americans against believing that the Democrats will come up with a policy that will solve all their problems. She has advised them to look at the people making these promises and their track record of delivering on such promises.
According to Swain, the Democrats see reparations as a way to get Black Americans excited about the 2024 election, believing that electing a Democrat president will push it through Congress. However, Swain believes that the Democrats promise the moon but deliver nothing, and it's more of the same.
The city of Olympia, Washington, is set to give two of its crosswalks a new paint job in honor of Pride month.
However, the crosswalks will not be covered in rainbow stripes this time. Instead, residents will soon be able to cross the street on pink, blue, and white paint as the city transforms two of its crosswalks into the colors of the Transgender Flag.
In a press release, the City of Olympia announced the move, stating, "In honor of Pride month, the City of Olympia has painted two crosswalks at 5th Avenue and Washington Street with the colors of the Transgender Flag. The crosswalk painting is timed to be completed for the month-long recognition of Pride in June."
The Russian military continues its effective massive precision strikes on the military facilities of the Armed Forces of Ukraine (AFU). In the last days of May, Moscow officials revealed the interim results of the ongoing military operations and explained the true reason behind the recent Kiev’s attempts to launch attacks on the Russian territory which have no military goals but aimed at hiding Ukrainian losses from the public.
Commenting on today’s attack by Ukrainian UAVs in Moscow, Russian President Vladimir Putin revealed that two days ago Russian forces struck at the headquarters of the military intelligence of Ukraine (GUR). In response, Kiev targeted Russian civilians in Moscow.
That’s my recommendation. And no, I’m not kidding. I am deadly serious. If you are an American and living in California, turn around and run like someone is chasing you with a big syringe full of poison.
A California panel has called for billions in reparations for black residents
About 1.2 million dollars in reparations are now approved by a California task force (still to be voted on by the state legislature) to each black person in the state.
This will not only bankrupt the state but will force homeowners to sell their property to pay the huge tax increases that unquestionably will be coming. It’s a good thing California doesn’t already have THE highest taxes of any state. Oh, wait…
The deal to raise the debt ceiling cleared a critical hurdle Tuesday night, after the House Rules Committee voted 7-6 to advance the bill to the full House for a consideration, with every Democrat on the committee voting against the bill - as did GOP Freedom Caucus members Chip Roy of Texas and Ralph Normal of South Carolina.
Prior to clearing the Rules Committee, speculation swirled over whether Rep. Thomas Massie (R-KY) would vote to approve the measure. A 'no' vote would have killed the bill.
In the small print detailing the end of the debt ceiling melodrama which, as we explained, is a farce as it boosts inflation-adjusted spending contrary to Republican promises, there was some actual news: the great student loan boondoggle is about to come to a screeching halt, after a three year "emergency pause" which redirected tens of billions in dollars away from mandatory student loan repayment to other forms of discretionary spending.
According to Goldman, the agreement announced on Saturday between uniparty leaders Joe Biden and Kevin McCarthy titled hilariously the “Fiscal Responsibility Act”, prohibits the Biden Administration from extending the pause on student loan repayments in place since March 2020, even if it does not block the Administration's student loan forgiveness plan, which would wipe out up to $20,000 in federal loans per borrower and is currently being weighed by the Supreme Court (the plan was announced last year but has not yet implemented).
Here are the details: late last year, Biden extended the repayment pause, which postpones roughly $5bn per month in student loan repayments, until 60 days after the Supreme Court ruled on the separate $400bn loan forgiveness plan the - the Supreme Court is likely to rule on loan forgiveness in June, so this likely would mean a restart of payments after August 2023.
NATO continues to strike residential centers inside of pre-war Russia. This morning Ukraine and NATO attacked Moscow using UAP's. In response Putin launched a devastating strike at NATO decision making centers inside of Ukraine. Patrick Lancaster joins us with the latest attacks on residential neighborhoods in Donetsk.
Before COVID-19 raged through Chile in all its lethal power, Jorge Barrios sat in his living room using sanitation wipes to scrub a recently received package. “It’s from China,” he said. “You have to be careful with these things.”
It was February 2020, and although most Chileans had heard of COVID and its ability to kill, they –- like most of the world –- were uncertain of how the “virus from China” would spread. So the then-66-year-old Barrios scrubbed away, hoping to protect himself, his wife, and his grandchildren who lived three doors down but spent more time with their abuelos than at home.
Weeks later, the first confirmed COVID case reached Barrios’ hometown of Arica, Chile. In the months and years that followed, he would be forced to close the bakery he operated from the back of his home, he would see economic devastation take hold in his small nation, and lose over 60,000 of his countrymen.
Barrios quit scrubbing packages, but his suspicions of China only intensified.
During the pandemic, unfavorable views of China coursed throughout Latin America and much of the world as people heard reports of Chinese officials trying to cover up COVID’s outbreak and silence early whistleblowers.
But as the pandemic dragged on, China stood ready to court Latin American leaders with medical diplomacy, donating masks, gloves, ventilators and hazmat suits. Once skeptical of China, Argentina’s President Alberto Fernández wrote a letter in 2021 thanking China “for supporting Argentina’s fight against COVID-19.” In 2022, Fernández was one of the first world leaders to congratulate Xi Jinping for winning reelection, lauding China’s “impressive advances in the eradication of poverty.”
Chinese stocks slid into bear market territory after manufacturing activity contracted for a second month in May. The dismal data is more evidence that the post-Covid recovery in the second-largest economy in the world is faltering. Bad data might suggest additional policy easing is needed to prop up economic growth.
On Wednesday, the National Bureau of Statistics announced that China's official manufacturing purchasing managers' index had dropped to 48.8 in May, down from 49.2 in April. This was the lowest reading since December 2022 and missed the median estimate of 49.5 in a Bloomberg survey of economists. It also marked the second consecutive month the index printed sub-50.
Meanwhile, China's non-manufacturing PMI fell to 54.5 in May from 56.4 in April, also missing economists' expectations.
Long after President Vladimir Putin has repeatedly in speeches railed against what he's described as Western attempts to push non-traditional lifestyles including LGBT ideology on the Russian public, a new bill being considered by Russian lawmakers proposes to officially ban gender change surgery.
The newly proposed bill would ban doctors from performing surgery to change people's primary or even secondary sex characteristics across the country, with the exception of surgery to treat congenital anomalies in children, according to state-run TASS.
Medical workers would be prevented under the legislation from "performing medical interventions designed to change the sex of a person."
In addition, it would be made illegal to alter legal documents on the basis of "gender-affirmation certificates" issued by doctors or any medical organizations. This would also apply to all identifying documents such as passports, which would only reflect the true biological sex of a person.
As demographics continue to shift in the 21st century, the world’s aging population will continue to be a focal point for many global decision makers.
Visual Capitalist's Freny Fernandes notes that most countries around the world have experienced population explosions, or are about to. Combine this with declining birth rates and falling mortality rates, and it’s clear that the global senior population will continue to reach new heights.
These graphics by Pablo Alvarez use data from the 2022 UN World Population Prospects to visualize this increasing aging population across countries.
A record number of Syrian nationals were handed German citizenship last year, as the country processed the largest number of naturalizations in a year in more than two decades, according to new figures published on Tuesday.
The data released by Germany’s Federal Statistical Office (Destatis) showed a total of 48,320 Syrian nationals were naturalized across Germany last year, more than double the 19,095 naturalizations of Syrians recorded in 2021 — a figure that was already three times higher than any other year on record.
The figure is 24 times higher than the 2,263 Syrian nationals handed citizenship at the peak of the migrant crisis in 2016.
Syrians accounted for 29 percent of all naturalizations recorded in Germany last year, as the country granted citizenship to 168,545 foreign nationals.
It can strike at any time and at any age. When someone develops a chronic disease, it can cause debilitating, life-altering changes that penetrate every aspect of daily life.
The prevalence of these conditions has surged over the past decade, creating a twofold health care and economic crisis affecting nearly half of Americans. By 2030, the number of U.S. residents struggling with at least one chronic illness is expected to surpass 170 million.
That’s more than half of the entire country, for perspective.
The expanding elderly population and adults aren’t the only age groups seeing an uptick. More than 40 percent of children and adolescents currently have at least one chronic illness, according to the Centers for Disease Control and Prevention (CDC).
There’s also a tremendous cost burden. The spectrum of chronic diseases comprises a disproportionately large segment of U.S. health care costs. Of the nation’s $4.1 trillion annual health care expenditures, chronic diseases account for 90 percent.
That’s more than $3 trillion dollars of annual direct costs alone.
Larry Fink is a criminal bankster that runs BlackRock. His corporation is partners-in-crime with the UN, WEF, CFR, WHO, CIA, DoD, Pentagon, Rockefeller and Gates “nonprofits”, et al.
BlackRock is also “advising” the illicit private central Federal Reserve bank with the buying and selling of bonds and securities that it owns itself; in other words, the Fed is complicit in enriching BlackRock and vice-versa. This is nothing more than economic terrorism against We the People.
Psychopaths like Larry Fink also have a tendency to publicly admit their crimes. The whole ESG scam ties in directly with PSYOP-CLIMATE-CHANGE, “pandemics,” the mutilation of children with sex reassignment procedures, the BLM hoax and various other Cultural Marxism divide and conquer psyops, the wide open Southern border, and ultimately the total annihilation of the West.
“Free speech absolutist” fraudster Elon Musk is still blocking Tweets in Substack, so please click the image to view Fink make his terrifying admission.
These hedge funds, banks and various NGO’s are socially engineering the populace into their very own digital gulag dystopia. They conjure all of the money that they want out of thin air, manipulate “markets” and commodities with paper contracts (hypothecation), and drive policy to tax everyone into oblivion. Then they allow the UN through Agenda 21 and 2030 to pillage all of the “private property” while the next generations are rendered indoctrinated mental cripples and genetically modified sexless slaves. The illegal invaders are then promoted to the police force that despises their adopted nation, and what is left of We the People. Then these useful idiot cops are also easily eradicated.
This is the old Bolshevik Revolution playbook updated for today’s globalist technocommunism project.
The kits include three glass pipes, with design variations to accommodate the ways crystal meth, crack and heroin are smoked, Mims said. Meth pipes are called “pookies” and crack pipes “straight shooters.” Some pipes come with lollipops for dry mouth.
“We want to get them smoking; basically fentanyl is in everything,” she said.
At a backstreet once known as “Murder Alley,” a line of aging crack users sat on chairs along the wall. Juanita Richardson, 61, shuffled up on a walker to the outreach team.
“I want everything you guys have,” she said. “This fentanyl, it’s nothing to laugh at.”
Richardson is on methadone and said she doesn’t use illicit drugs every day. She planned to sell the supplies: $10 for a pookie, $2 for a rig or syringe and $5 for a crack straight shooter, she said.
At a moment tensions are on edge in the Balkans over a fresh crisis between the Serbian minority of northern Kosovo and ethnic Albanians, which over the weekend saw dozens of NATO peacekeeping forces injured while trying to quell fierce protests, the United States decided it was time for some muscle-flexing.
Two US Air Force B-1B Lancer bomber aircraft conducted a low flyover of Sarajevo and other cities in Bosnia and Herzegovina (BiH) on Tuesday. It had been pre-announced at the start of this week and described as "a sign of the strong partnership between the United States and the Armed Forces of BiH, according to a statement in the English language news portal Sarajevo Times. A US Air Forces statement cited in the publication said it would serve further as a sign of the "permanent dedication of the US to the sovereignty, territorial integrity and multi-ethnic nature of Bosnia and Herzegovina."