The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label world bank. Show all posts
Showing posts with label world bank. Show all posts

Sunday, June 12, 2016

Western debt based economics: It now takes $10 of debt to create $1 of GDP growth

When central banks embark on fiscally irresponsible monetary policies, they tend to create anomalies that lead to economic crashes, bubbles, and as we are seeing in places like Greece and Japan, eternal deflationary growth.
But the United States for the time being is different, and this is because they still remain the sole keeper of the global reserve currency.  And this means that they can print endless money without thought, at least until the consequences of ignoring reality comes to bear.
Following endless zero interest rates and four different quantitative easing programs, a number of anomalies have arisen that are becoming impossible to ignore, and even more difficult to counter.  The first is that they have created so much debt that it requires the creation of new credit simply to remain static within the current economy.  And secondly, that debt creation has completely wiped out the concept of capital, where a new report by the Bureau of Economic Analysis shows that it now takes $10 of new debt just to create $1 of new GDP growth.
Read more on this article here...

Thursday, September 24, 2015

Thanks to global inflation and stagnant wages, more people in poverty despite rise in standards

As a former Treasury Secretary to Richard Nixon once said to the rest of the world after the dollar was removed from the gold standard, “The dollar is our currency, but it is your problem.”  And in the years following the dollar morphing into a purely fiat form of money, the world has experienced this omen in great measure as the U.S. has exported its inflation to other locations as it expanded the money supply to astronomical levels.
And it is because of this inflation factor, coupled with a global wage stagnation that facilitated a decline in purchasing power, that has helped create more poverty around the world, despite the fact that the World Bank just raised the bar on what it considers poverty wages.  On Sept. 24, the World Bank modeled a new raising of the bar from $1.25 earned per day to $1.90, which would increase the categorized number of poor people around the world by hundreds of millions.

Read more on this article here...

Monday, August 10, 2015

BRICS bank’s purpose is banking for the people, not for oligarchs

A couple weeks ago, Russia Today did an interview with Dr. Sreeram Chaulia, who is the Executive Director of the Centre for Global Governance and Policy (CGGP) at the Jindal School of International Affairs on the significance and mission of the new BRICS bank and how it will be completely different than nearly all global financial institutions currently functioning in the West.
During his interview, Dr. Chaulia stressed the importance of how banking is expected to change within the scope of the BRICS coalition, and that unlike the IMF and World Bank missions that have been around for decades, the new BRICS bank will focus more on lending and development for the people, and less so for oligarchs, politicians, and other sovereign entities that have used these types of financial institutions for their own gains in the past.

 
 
Read more on this article here...

Wednesday, January 7, 2015

New Zealand signs on to join Chinese World Bank alternative

On Jan. 5, New Zealand became the 24th nation to sign on and join as a founding member the Asian Infrastructure Investment Bank (AIIB) which will act as an alternative to the Western run World Bank.

The AIIB is a brain child of the new Chinese expansion in Asia, and will act in a duplicate function to the IMF and World Bank, but without the forced austerity and political measures demanded from the Western led monetary agency.  The AIIB also joins with Russia’s new SWIFT mechanism and paves the way for a future global trade system that runs outside the dollar and the U.S. dominated reserve currency.


Read more on this article here...

Friday, January 31, 2014

Former World Bank economist calls for new global currency and end to the dollar

One of the inevitable consequences of a purely fiat currency is that eventually a central bank will inflate and devalue it out of existence for the country it is used in.  However, when that same currency is the world’s reserve currency, then that same inflation can be exported to nearly every nation as they are required to use it for international trade settlement.
Which brings up an interesting point made on Jan. 29 by the former head economist of the World Bank, Justin Yifu Lin, when he calls for an end to the dollar, and the creation of a new global currency.  This new currency, which Lin determines would preferably not be based on a basket of (fiat) currencies, would become a ‘super currency’ that is not controlled by any particular sovereign entity.
 
Read more on this article here...

Wednesday, October 24, 2012

Psychopath economist wants to utlize former nazi eugenics programs to save the future of mankind

America grew into the world's greatest empire through innovation, growth, economic and social freedoms, and in engineering a greater place for humanity.  But as the other parts of the world increased populations, without seeking to rise as well in the innovation of man, the results were war, chaos, starvation and tyrany.

To address this effect, a former economist of the World Bank is now proposing that humanity needs to de-evolve, and in doing so, make future generations smaller and more efficient.  In a report on Oct. 21, former World Bank Senior Economist and now professor at the University of Maryland, is advocating that mankind must create new breeding programs to engineer smaller species so that they will require less food and resources.



In an article titled The Populations Problem written two days ago by Herman Daly, a former World Bank luminary and current professor at the University of Maryland suggests genetically designing smaller human beings to counter global population growth. Breeding smaller human beings, Daly asserts, “could be the simplest way of increasing metabolic efficiency (measured as number of people maintained by a given resource throughput).”

In his article, Daly rejects the argument that limiting human numbers is an automatic result of technological progress and economic growth, the so called “demographic transition”, and points to the environmental dangers posed by just lowering the birthrates through development and prosperity. Daly:

“Of course reduction in fertility by automatic correlation with rising standard of living is politically easy, while direct fertility reduction is politically difficult. But what is politically easy may be environmentally destructive.” - Explosive Reports

Eugenics, or selective breeding as a doctrine is not new, and has actually been a discussed topic in America for more than a century.  Margaret Sanger, the founder of Planned Parenthood, created her organization primarily in the cause of weeding out 'undesirables' in the African-American community, and to push for regulated selective breeding of blacks and other minorities.  In the 1930's, Adolph Hitler spoke of Sanger's work and doctrines, and it became the leading path towards his desire for a super-human race, while at the same time justified the anhilation of lesser humans or even entire races of people.
“Since Hitler’s praise of the ABCL was in print and widely publicized, the first step was to change the name. Sanger changed her organization’s name from the American Birth Control League to Planned Parenthood. Though the name was different, the goal was the same...
The elitest left in both the U.S., and in international organizations have long sought ways to implement population control, while at the same time coopting the land and resources of nations into their dominion (Agenda 21).  Herman Daly is not the first to reconstitute the call for eugenics in mankind, nor will he be the last, for the psychopaths of those in power see humanity as chattel for them to use, enslave, and dispose of as they see fit.

Wednesday, January 18, 2012

World Bank admits Europe in recession and to prepare for the worst

On Janury 17th, representatives from the World Bank publically admitted that the Euro Zone is an area wide recession, and for the member states to prepare for the worst as it continues to escalate in stature.

  • WORLD BANK CUTS GLOBAL GROWTH OUTLOOK, SEES EURO-AREA RECESSION
Bloomberg, which just released an embargoed summary of the World Bank action, summarizes it all.
  • World Bank cuts global growth forecast by most in 3 yrs as euro area recession threatens to exacerbate slowdown in emerging markets, World Bank says in Global Economic Prospects report.
  • Sees world economic growth of 2.5%, down from June est. of 3.6%
  • Sees euro area GDP contracting 0.3% in 2012, compared with pvs est. of 1.8% growth
  • World Bank estimates euro area entered recession in 4Q
  • U.S. outlook cut to +2.2% from +2.9%
  • Japan forecast cut to 1.9% growth from 2.6%
  • China’s GDP growth will slow to 8.4%, unchanged from interim revised projection released in Nov.
  • India forecast cut to 6.5% from 8.4%
And the punchline:
  • World Bank urges developing economies to “prepare for the worst” as it sees risk for European turmoil to turn into global financial crisis reminiscent of 2008
  • Even achieving much weaker outcomes is very uncertain - Zerohedge

Sadly, you know things REALLY have to be bad when the central banks actually tell the public the truth, and something we already knew, since over the last year these same institutions kept giving the world a false bill of sale on just how critical the Euro economic system really is.