Whether you read #ClownWorld’s intellectuals, pay attention to the statements by its military leaders, or read the statements by its economic directors, the one thing that is very clear is that all of the leading clowns are highly aware of the probability that Clown World is going to #collapse, most likely in a #sudden and #catastrophic manner. What’s fascinating is the way in which they have literally nothing to offer in response to the situation except bromides about “cooperation” and pathetic appeals to “working together” at a time when the rest of the #world has all but openly declared #war on the new liberal rules-based democratic #world-order, or whatever it is calling itself today.
The managing director of the International Monetary Fund (IMF) has warned that the world is on the edge of geo-economic fragmentation, which she believes could add more “cold water” to already anemic global growth. Speaking by video-link at the Brussels Economic Forum on Wednesday, Kristalina Georgieva called for cooperation at a time when growth across the globe is extremely weak by historical standards.
“After decades of increasing global integration, there is a growing risk that the world may split into rival economic blocs,” the IMF chief said. “And that’s a scenario that would be bad for everyone, including for people in Europe.”
She warned that growth prospects were increasingly bleak at a time when the global outlook is weak both in the near and medium term. The IMF projects growth to remain around 3% over the next five years, the lowest medium-term forecast in more than three decades.
“And yet, central bankers cannot take their eyes off the ball until stubborn inflation is firmly under control,” Georgieva pointed out. “The required monetary tightening is weighing on growth and exposing some financial vulnerabilities.”
Reviving multilateral cooperation is vital for long-term growth everywhere, according to the official, who warned that trade fragmentation could cost up to 7% to the global economy in the long term. That’s “roughly equivalent to the combined annual output of Germany and Japan,” she said, adding that some nations could see GDP losses of up to 12% if technological decoupling is added.
I expect that the economies of the occupied West are going to shrink considerably more than 12 percent. Remember, in the Great Depression, “industrial production in the United States declined 47 percent and real gross domestic product (GDP) fell 30 percent.” And this is a bigger, more permanent contraction that has been underway since 2008, so a peak-to-trough decline of around 50 percent would not be out of line.
The reality is that we will probably never know the true extent of the economic contraction in the USA, because a) the statistics are as fake and gay as everything else in Clown World and b) the USA is not going to survive as a unitary political entity so no one will be calculating the relevant statistics required for the comparison.
Assuming that anyone believes whatever Reuters prints or reports, one could assume that they're unconcerned with the boycotts of some of their products within the USA, or perhaps this article is primarily catered to the EU consumers and market watchers. One assumes that as more boycotting consumers research the enormity of Anheuser-Busch InBev's product inventory, the list of rejected brands could grow. We'll be watching
Sources are sketchy, however, what we have learned, is that the SBU, the Ukrainian Secret Service, claims to have evidence that Gonzalo Lira have publicly justified the armed aggression of the Russian Federation and is, in their minds spreading Russian misinformation and propaganda.
In a statement, believed to be from the SBU themselves, the following, was revealed:
The SBU detained a foreign blogger in Kharkiv who denied the crimes of the Russians and insulted Ukrainian defenders.
May 5, 2023
The security service gathered evidence against a foreign blogger who publicly justified the armed aggression of the Russian Federation and spread fakes about the war in Ukraine.
The figure has the citizenship of one of the countries of Latin America, but has been living in Kharkiv for several years.
After the start of the full-scale invasion, the blogger was one of the first to support the Russian invaders and glorify their war crimes.
He also engaged in discrediting the top military and political leadership and the Defense Forces of our state.
It is documented that last spring he personally filmed provocative videos in which he tried to capture the faces of Ukrainian defenders and insulted them.
He published his “streams” on two of his own channels on YouTube and Telegram with a total audience of almost 300,000 subscribers.
In addition, in his comments he denied the facts of Russian missile attacks on Ukrainian cities and mass murders of civilians by rioters.
During searches of the suspect's residence, mobile phones and a computer with evidence of illegal activity were found.
Examinations initiated by the SBU confirmed the facts of the foreign blogger's criminal actions.
So far, the investigators of the Security Service have informed him of the suspicion under Art. 2 and 3 Art. 436-2 of the Criminal Code of Ukraine (manufacturing and distribution of materials justifying the armed aggression of the Russian Federation against Ukraine, committed repeatedly).
The court chose a preventive measure - custody. An investigation is ongoing to establish all the circumstances of the crime.
Complex measures were carried out by SBU employees in the Kharkiv region under the procedural guidance of the regional prosecutor's office.
Embed this noticetechriot (techriot@hubzilla.eskimo.com)'s status on Friday, 05-May-2023 17:46:49 JST
techriottechriot wrote the following post Fri, 05 May 2023 10:46:30 +0200The Panama Papers was a joke, no mentions of any democrat, no mention of any global liberal elitist, however, we saw and heard the names Trump, Putin, Steve Mnuchin and others. No mention of the Bidens, no mention of the Zelenski's. The Panama Papers is illustrative of what boobs, western journalists really are. They are careful to do the regime's dirty work and are very careful not to stray from the scripted narrative. Their credibility has been exhausted and they're exposed as frauds, self serving and wholly incompetent.
> Photos for this post, were provided by Breitbart News.
The republicans in congress, mark my words, will give Biden and the democrats, everything they want, even while, the Homeland Security department, gives the nation, the middle finger, as congress is impotently useless. These people do not deserve our loyalty or our time. Once we have achieved a sustainable level of being ungovernable, we must chase them away while they scramble, trying to regain their former power.
I half expected to hear that when news of the shooting broke out in my neck of the woods. I see that the deep state has been spreading their tactics of terror around the globe. I'm sure that this will give the Serbs a heads up, on how to tackle this surprise attack, from becoming a staple, medium of fear and political extortion, from getting out of control. It is rank cowardice to target children to make any points.
However, I'm still awaiting David Hogg to chime in on why this is more proof that the second amendment is a big mistake. Anyway, I think I made my point.
Certainly not. Thirty two plus trillion dollars means, that the only spending, congress will be doing soon, is paying trillion dollar interest payments yearly. Even with these high interest payments, they'll still have to contend with inflation and anyone foolish enough to lend money to the US or any other western government, will get paid back with inflated currencies and thus, lose on their investment.
No sir, debt matters very much, so much so, that I propose, that there is no way that the United States can ever pay off theirs unless drastic, painful measures are implemented. This realization, perhaps, explain why the western powers are so bent on urging on, a nuclear war. Perhaps, in their minds that's the only way to save their sham Ponzi scheme.
Three medical schools in North Carolina are now diagnosing toddlers who play with stereotypically opposite gender toys as having gender dysphoria, and are transitioning them.
Yes, you read that correctly. If a 2 year old girl picks up a truck instead a Barbie, that is proof to these activist doctors that she’s actually supposed to be a boy.
Either this is being done on purpose or, the engineers of this downfall are indeed, quite inept. In either case, their supporters, the democrats, the communists, the apathetic are all in on taking the ride, over the cliff.
Either way, the system is now set so that, even if one's money stays safely in the banks and is spared by the crisis, inflation will make quick work of the devaluation or, the banks fail anyway and one's wealth, savings and money, is alas, all gone.
The Americans and their western allies love believing in lies. Lies are probably more palatable than the truth. The truth is, when faced with the impending inflationary attitude, the unstable financial ground, the bursting of the housing bubble and the soon to be looming unemployment, the recession and depression, the heads of states, the politicians and the deep state entrenchments, denied it all. They used their apparatchiks in the state run media and entertainment industry, to bully any dissent and labeled them disinformation, insurrection and Russian propaganda. It has worked, they've lost no support and they still have their fans and backers who continue to fiddle, whilst the empire burns around them.