After the last post , where WD mentioned and thanked Julian Assange for his uncovering of the undercover hijacking of the Not Known Builder Principle by the Olgarchies east west and mars side, there was a sudden surge of visitors on this blog from as far as Lower Newtown -Nizhy Novgorod- Siberia and all around. The Upper Newtown was missing from the list, since they have not built it yet, but some more mentioning of Julian Assange and they will get the capital to build it. From the Budget Deficit.. Same surge of visitors came from USA Virginia, you know Langley and the other sites of deep thinking.
Now, we can conclude that there was a huge peak in productivity and even a fraction of GDP rise, since , combing so thoroughly the web, the servants of truth have reached the new heights of economic productivity from this hard work, have got even some extra bonuses,consequently net spent the money and enlarged their houses and bought some more new black SUVs and furniture, and hop, the Budget deficit has risen but the net spending was a mover for the economy. All thanks to Julian Assange and all thanks to Witchdoctor mentioning him! And what about the Pension schemes, rising like flood!? WoW!.
That was for laughs but this junk is called economy and they say – the economy is a science.
But this post is more about Budget Deficit = Someone Profit. Absolutely true, but as we can see, it is also bollocks, especially 15 years before the end of the junk -the life on Earth- as we know it and got used to it,Got used to it is the terrible part of the equation.
So lets talk Kosovo, or Afgganistan or whatever, like South Italy.
After throwing Tens of Billions of money in Kosovo, the west got huge results. Every person able to walk and talk in Kosovo wants to move out.The Kosovo is exporting people, mostly illiterate.And drugs.This is a fact.
Same goes for ASfganistan or South Italy. After decades of pouring money, they got nothing out of it. Entropy, anyone?So, what is the conclusion, who`s profit was the Budget deficit?
Certainly first to profit were the Oligarchies who bought the Debt for financing the Budget deficit. Then The Oligarchies who Pocketed the net spending, i.e, the Someone Profit. Forget about some trickling down to the households of the money spent, that is a statistical mistake.
Or Afghanistan .3 or maybe 4 trillions of dollars!Check Joseph Stiglitz figures. Just go and check the results of this Deficit Spending. Meet the result-the Talibans, they are all over the place.
In comparison, the Chinese Silk rod costing 1 TRILLION is a Miracle!
See. Budget deficit is someone profit but who`s profit,is the question.
If one looks at Kosovo, Afghanistan or South Italy or Berlin airport,after decades of net spending, it is clear who pocketed it. Certainly not the people there in general.
If, dear readers, you have followed Witchdoctor until here, then;
Have you never thought or does it not seems clear as a best source water, that if Budget Deficit was spent as a helicopter Money flying directly in the peoples pockets, by any mathematical, econometric model, the result would have been staggeringly better? If the money was spread between all participants on a shower principle, the net spending would have had huge economic and social beneficial effects.
It would have established the beginning of a free market initiative as a spent capital in place and even the education as a way to achieve more gain would have been effective!
IN FACT, if you are of a Neoliberal school of thought, you would have been the first to get to this conclusion!And the first to promote it!
Helicopter Money for all, the best economic results.
If not ,then we know you. You work for the net profit for the few- The Oligarchy.You speak bollocks and you know it.Because it is logical that the even distribution of Helicopter money has greater and hugely bigger effects than this type of spending as in Kosovo, Afghanistan or South Italy TODAY, mafia included and corruption as a result and a rise of a few Tycoons living on Budget Deficit…
And if on top of this helicopter Money to rebuild the society from bottom up you have thought to establish a huge net of Micro Credit Banking,,, we will be all traveling Afghanistan to enjoy the place!
And there would be only a few Talibans preaching to.. sheep and rocks.
Witchdoctor