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What do they know that we don’t?
Reality dawns.
Davos 2024
Oh blimey!
The debt fuelled growth model of globalisation never had a long term future.
Sustainable growth.
So easy to say, so hard for global policymakers to achieve.
What confuses global policymakers so much?
Banks create money and debt at the same time.
Banks create the money first and then they have to get it back again to balance the books.
The economy booms on the money creation of bank credit, but policymakers are oblivious to the claims on future spending power piling up in the banking system.
At 25.30 mins you can see the super imposed private debt-to-GDP ratios.
China has just reached the end of the road with the debt fuelled growth model of globalisation.
We got there in 2008, and have referred to it as the Productivity Puzzle ever since (UK).
Not considering private debt always was the Achilles heel of neoclassical economics.
How private banks create the...
The reportedly Jewish Transgender shooter is all of a sudden a "Young White Male," and therefore we need to disarm ALL YOUNG WHITE MEN, according to lesbo-looking Fox News commentator Trey Gowdy.
The talking points have been dispensed, and they are quickly trying to spin this hate crime against Christian Whites to be a 2A and “antisemitism” issue.
Don’t let them get away with this.
🇺🇸 Texas Republican Congressional candidate Valentina Gomez is going viral after releasing her new campaign ad of her lighting the Islamic Quran on fire, saying Islam must be stopped "once and for all."
"Muslims can f*** off to any of the 57 Muslim nations."
"I will end Islam in Texas, so help me God," Gomez said, running for TX-31
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