Situation
This blog is about debt driven economy collapse.It is happening now, and it will continue. It is happening at least in the part concerning the States debt, corporate debt and, as some peanuts, some leftover handout relief to the serfs..
The State narrative boundary conditions of the cargo cult model economy of the charlatan debt driven economy has collapsed from too much debt. Suddenly Debt is free to skyrocket. The Charlatan Overlords, pissed in the pants,as this situation will throw them out of their cargo cult thrones, finally used the money creation in the way Modern Money Theory always showed as the fact for this type of economy. Urgently needed to save their butts and save the system, they are making the right thing- throwing money away.
The point is, it is not throwing money away as the charlatan economy cargo cult in Europe thinks. They are saving their lives and their Oligarchy rule by throwing money, if not….
Only by by Debt collapse of the State they can survive.
Debt, as MMT shows, is irrelevant.It may be worrying when it is not matching the overall productive capacity or whatever the State can buy in form of UBI and/or the Job Guarantee.
Debt is becoming needed as water in the desert.
It is saving the Brain Dead west. Without debt they will be only dead and no brain at all.
The interest on debt is always in the armed hand of the state as the ruler and REGULATOR OF THE MARKETS. It is zero.0%.. The State can easily fix the bond interest rate, see Bill Mitchell on this.
The inflation is not stopped by raising interest on debt, that is bollocks of the charlatan thinking,to do it properly and not with a blunt instrument of interest, it is targeted by State taxation, the Oligarchy regulation, targeting the specific groups which make more demand than there is offer, And only if , after , when all productive capacity or Job Guarantee is full.
The European technofeudal oligarchy, mostly non elected, Is now in hiding. They use the MMT facts, but hardly wait to start with austerity, back to States budget primary surpluses ,spread on debt, taxation, taxing properties on the level of eviction , and all charlatan tools they are used to do and need them to keep the serf population in check mate, as they did for centuries.
The Most Important, they hide the Money Magic Tree from the eyes of the Population. They hide the fact that money comes from nothing, even after the chief of European Central Bank,Christine Lagarde so plainly explained it. After Bank of England and even German Bundesbank admitted it.
They hide it, the newspapers, media, and disgustingly so, even the so called “inteligentsia” The Brain dead intellectuals of all professions.
They hide it in plain sight!
Disgusting, the leftists are hiding it even harder!
This is even against the macaque monkey behavior, which do these things better and in more transparent way of dominance.
How it is possible, as you have read in this blog, that when your ALPHA monkey, Chief Macaque admits there is the Money Tree,that money comes from typing numbers ex nihilo, but strangely the BETA and ZED echelons of serfs deny it, breaking the monkey discipline and dominance rule of following the Alpha chief?
This behavior is against the genetic rule of the monkeys.It means that the human perverted monkey is definitely unnaturally perverted, doomed for extinction.
The BETA , ZED and all the disgusting perverts work for their own extinction by following blindly the charlatan book, which their masters ditched in the gutter!
They are in hiding, waiting for the tempest, the hurricane of pandemic to be over and to start again the clown economy.
But, the hurricane is here to stay, more than a year ahead and even more with the new deadly covid 19 strains and no vaccine for the brain dead West- Europe ,and even more years in the other parts of the world.
It is disgusting how they act.
AS YOU know, there is the next step of MMT. Debt free money. No debt bonds, direct transaction to the Treasury- The Finance ministry. With all caveats as listed above- matching the overall productive capacity and the power of the State and or the companies to guarantee jobs for all, and to cover, underpin the minimum wage with UBI.
It is disgusting to turn on the Tv or read news in the EU.
The clowns are convincing the charlatans and the cargo cult is not even
trying to explain the obvious exit from the collapse of the debt driven economy, instead we constantly listen to the ever lasting charlatan austerity drive looming underneath.
Nothing cinsistent in real sight of how to REBUILD the fast depleting EUROPE CAPITAL FORMATION THROUGH MONEY CREATION of the green investments and jobs for all, picked from the Magic Money tree for all.
Not to mention the famous next generation plan or whatever.
IT IS, as stated here for almost a Year,a year passed when WD predicted this muck, The next gen plan for EU isless than peanuts especially if one counts the coming next years of disaster.The plan is not even on the table NOW, after 9 months of no birth! There should have been instead already a Second next generation plan in process, not this bollocks.
For example, if reading the Italian, which are definitely in dire straits of no perspective, Spain,German,Slovenian tv,social, newspapers discussion you think you came flying to the paleolithic era with some illiterate brutes telling epic myths of nonsense.Regardless of sex and education.
Disgusting and shame.
The hijacked State in his worst manifestation. , factually and metaphorically.
So, instead, lets see the planned facts in dynamic evolving:
THE START OF THE END: A case of couple of sandwiches
Dear reader, if you think that custom officers and strange regulations can take your sandwiches away on the border checkpoint and that this act of violence is sort of fun, leave this blog now.
Just after Brexit, a couple of UK persons, truck drivers coming to EU,were stripped of their travel food at the Dutch customs.
The Custom officers happily laughed, the truck drivers not so much.
Reading this blog, you certainly have mastered how the projection trend of some , apparently irrelevant boundary conditions, lead to the road which is beyond repair. The allegoric moment of truth.
This forceful seizing of a few sandwiches, for Witchdoctor , is the most irritating act by which some entity exercises his monopoly of violence.
Disgusting behavior, especially if one knows that just a week before, taking sandwiches to a trip to the EU from the UK was a normal way of traveling.
This act of taking by force away a lovingly assembled sandwich and throwing food into a dustbin, is structural as any allegory of violence. Some phito hygienic change of treaties , change of food safety rules lie under the sandwich. The same cheese, bread is not anymore the same . Apart from the Calvinist vendetta, the famous junk food producer, Holland,is notoriously famous for no cuisine except for the fried potato croquette, tomatoes grown in January without soil, etc, and the Dieselboom ppig farmer… and for the Dutch pizza ananas pineapple with potato croquettes on top. Holland, Leader of Hanseatic tasteless onion ring, grown fresh in January, without soil, too.
Next EU boundary condition are customs and tax and work regulations on visiting writers, musicians and work permits for all visiting artists , from UK performing in the EU and vice versa.
NO custom duties on financial instruments.None on derivatives.
No taxes or work permits for capital.
The case of China
The next boundary condition of the road beyond repair is the trade treaty with China. No custom duties for China because of the chinese rule, forbidding Workers Unions, people associations, even the catholic church is cooked in the chinese sauce of the communist party (what this communist means?)
No customs for products of tens of millions of chinese prisoners exporting slavery.
No customs on violation of the UN human rights Eleanor Roosevelt treaty.
No customs on some handmade artifact signed by some chinese political prisoner, exported to the EU, that is the EU human touch.
No customs on Uyghurs picking cotton as forced labor.
No customs on definitely impossible to account for , or find, or distinguish the REAL SOURCE of Chinese capital,money creation, shadow banking, state, military, private capital and all possible chinese financial interactions in any way,
the chinese investments in the EU.
Germany 22,7 billion euros
France 14,4 billions euros
Italy 15,9 billions euros
Finland 12 billions euros
Portugal 6 billion euros
Spain 4,6 billion euros
Etc
The Austerity model is stripping the EU capital formation and the Chinese capital, of completely non transparent origin is flowing into a desert.EU is the lowest of the connected vessels by its own choice..
Where is Jack Ma? That is chinese business as usual. Coming to EU.
EU, from the sandwich to arts to dismissing democracy and freedom as factors in trade, bowed to the neoliberal corporate agenda.
If trade takes in no account the free information flow between participants, the social standards and social liberties, like organizing in interest groups for defending the wages, health , pensions or whatever, this trade is flawed, doomed to slavery, because it does not counts the real costs of making something.
At the end the free thought and speech and free assembly and discussions are the force of development of a society. Without it, it may work as in china, for some decades, than the entropy the entropic law of heat death , where only the stillness rules and the energy is gone, the final entropy kicks in and this types of society are born to perish and, in this moment in time, never get back to tracks, because there is a climate crash coming..
NO customs on what type of energy, coal, or fossil or nukes, is used for producing goods.
The case of Turkey
Leaving Erdogan doing whatever, threatening whoever, jailing, occupying wherever.No customs on goods.
The case of Egypt
Same as above.
The case of Russia
same as above and disgusting how Europe is hiding behind Navalny for window dressing while making deals with the TZAR.
That EU was a techno feudal free mason project was known.
That they have more so called bribers lobbyists in Brussels than the US has, tells all.
That Europe is an organized food chain of States of dog eat dog massacre is known.From the German shepherd to a poodle, they eat each other. That within the EU states they also do the “dog eat dog game” as a national sport, is known.
That they are already crumbling from east to south to north is known.
The pandemic will not be over for many months and you know what this means.
That the Prisoner Dilemma is proven in the EU, is known.The prisoner’s dilemma is a standard example of a game analyzed in game theory that shows why two completely rational individuals might not cooperate, even if it appears that it is in their best interests to do so.Wikipedia
Who is the police in this EU tale? It is known, it is a mix of bodies, some elected, many not, many half pregnant, many completely anonymous and unaccounted for but very important. They hide behind the regulations.
Regulations, and we are back to the sandwich..
Let WD repeat: you file a complaint at he EU court of human rights. 95% of complaints get ditched, discarded. They answer without any explanation why they rejected your complaint..The ruling, the judicial writ, has no explanation, it is discretionary. The judges are anonymous, unknown. After one year, your complaint is destroyed from the files. Nobody will ever know what was in it or who were the judges..THIS IS A FACT WD CAN prove anytime.
Any bells, no trace of your case, forever?
The EU archives are like an offshore company. Even the States within EU can not freely access them.
It is even unclear what legal status EU has. Some offshore juridical international law corporation with inviolable archives? Property and assets of the Corporation, wherever located and by whomsoever held, shall be immune from search, requisition, confiscation, expropriation or any other form of seizure by executive or legislative action. All Governors, Directors, Alternates, officers and employees of the Corporation shall be immune from legal process with respect to acts performed by them in their official capacity
Each member shall take such action as is necessary in its own territories for the purpose of making effective in terms of its own law the principles set forth in this Article and shall inform the Corporation of the detailed action which it has taken.
The case of the hidden digital currency agenda, the war on cash
As from 1.1.2021, if a EU citizen wants to buy goods on the net and that is very often because of the pandemic and the pandemic rules, he is DE FACTO forced, to open a Mobile Bank Account on his Mobile phone! It is mandatory, if one wants to buy in the EU goods on the net.
All his life savings, money, stocks, investments are there, in his hand, on his mobile phone. They say it is for your own safety! Imagine, you lose it, they steal it, it stops working, a hacking attack,. The wifi, when traveling, is never secure. Imagine this, and you, some of you know how easy is to hack the phone, much easier than the laptop!
The bank tech guy explained it to WD: There are two things you really need to have to live normally in the EU. One is your personal tax code number, and the other is your PERSONAL phone number.The passport, the personal ID card, the driving license,the health insurance are not mandatory. The mobile phone, not any, but up from certain Android build, is mandatory. You mobile phone, in order to buy on the net and after a while a while not so far , will be certainly mandatory for you to EXIST. The start of the cashless EU. The start of the overall constant block surveillance of the whole phone activity including your money, loans, investments, wage…You are your phone.
Until now, one had , by his free choice ,a net bank account on his laptop or his home pc. Or he just typed the card number for paying on the net. But your mommy and daddy EU are thinking about you. They do not want that you get cheated on the net.To use two different devices to confirm your transactions, a laptop and a mobile sms is not safe? It is safer to do all on one device? See how charlatans think for you. So, now you carry all your bank in your hand, it is safer, isn`t it? It is not enough,not any more, it must be your whole bank account, it must be on your mobile phone, because you get your personal mobile bank app with a push code and only this code can be used for buying goods.The laptop e banking, net banking does not work for paying on the net anymore,no more SMS to confirm your transaction, this is not safe they say (hahaha) except for foreign sites, like Paypal, but who knows for how long…
This fact went unnoticed and the reason is obvious.The brainwashed, so called phone app internet generations.They did not even think that not having ALL THEIR LIVES on the phone, including their so called “personal” life memory ,is something which is even possible! They surrender even without noticing it!
They have their few quid, bob, euros there and they pay directly with the phone apps.
They are destitute paupers, with a gig pay on their accounts.But they think they are modern, connected and any of bollocks of deluded,in a monkey can think of their imaginary perception of their position in society, being de facto stupid proletariat which thinks as being a part of a global jet set.
They can not imagine what used to be a Bank Account, of life and savings and investments.. For them it means an euro here and a euro there. Lumpen proletariat of very high opinion of themselves.
Yes WD is a snob. Yes WD knows you can open a bank account on the emobile in which to keep his few bobs. But the fact stays. It is the digital brainwashed folks who make this Europe.
Yes, one needs a lot of mobile disposable phones , same disposable as your life is..
And even with this brainwashed population, the EU oligarchy hides the obvious?
Conclusion, preliminary:
Gepolitically, by forced austerity in a broad money creation capacity meaning, with a weak and falling Capital Formation (you have read this already in this blog) which is being replaced by the chinese capital,military encircled and controlled by turkey and russia, EU is becoming a vassal entity within and without, outside and inside.
From the sandwich into the Schraubstock.Bench vice at customs.
Conclusion
The sandwich was the end of this story.
The trade was the end of democracy,
The offshore corporation will be the end of liberty.
The murder will be the austerity.
You mobile is what is left of you.
The technofeudal structure.
Say hello in chinese and dance like a dervish.
PS: the places where Witchdoctor had to throw away his food:
Flying to Puertorico and the USVI, US. Fortunately, after taking away his sandwiches ,the custom officer let him go with the 1kg piece of parmigiano vacuum sealed, so at least he ate something which was not junk. Outside, they ate junk.
Reunion, god knows why
Mauritius, god knows why
Rodriguez island, where they are really poor.
On the crossing of Lago de Todos los Santos, Chile Argentina border.
New Zealand airport customs. He threw away his sandwiches… a place with 26 million sheep, millions of cows and billions of cloned all equal pine trees sprayed with pesticides, grass plants imported form the UK for grazing, no field flowers. And awful cheese sold in brick shaped blocks.
EU, it is fun!