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Thursday, May 16, 2019
Punk Capitalism Economics Is Equal To Brain Damage Or Insanity - Banking Debt Crisis Scam In Greece, Italy, Germany, And USA - Tax Rates And Booms Lead To Bursting Bubbles - 95% Of Greek Bailout Money Went To 1 Percent And Big Banks, Not To Solve Social Problems

TRUMP CLAIMS THAT THE US IS EXPERIENCING AN ECONOMIC BOOM, SO WHY ARE INDICATORS OTHER THAN GDP AND UNEMPLOYMENT GOING THE WRONG WAY? 




Here Are 15 Numbers That Show How The Global Economy Is Performing, And All Of Them Are Bad
The following are 15 numbers that show how the global economy is currently performing…

#1 Global exports are absolutely crashing and have now fallen to the lowest level since 2009.

#2 U.S. auto dealers are dealing with a backlog of 4.2 million unsold vehicles.

#3 Auto sales in Europe have fallen for seven months in a row.

#4 Chinese auto sales fell a whopping 16.6 percent in the month of April.

#5 Overall, Chinese auto sales have now fallen for 11 months in a row. That is a new all-time record.

#6 U.S. auto loan delinquencies have reached the highest level since the last recession.

#7 U.S. credit card delinquencies have hit the highest level in eight years.

#8 In April, U.S. manufacturing activity unexpectedly declined 0.5 percent.

#9 Thanks to the trade war, the price of soybeans just dropped to the lowest level since 2008.

Why is the national debt and deficit increasing? Well, it has a whole lot to do with the Trump tax cut and the failed plus debunked theory of 'trickle down' economics. 

DAVID SUZUKI: VULTURE CAPITALIST ECONOMICS IS A FORM OF BRAIN DAMAGE, IT IS JUST PLAIN INSANITY, AND IT IS DEFINITELY NOT 'SCIENTIFIC'

Geneticist and climate activist David Suzuki explains how conventional economics a form of brain damage in this clip from the 2011 documentary "Surviving Progress." (available on Netflix)

The standard 1 percent solution for all financial issues is more tax breaks, corporate welfare, corporate entitlements for them, and less for the 99 percent, as Trump has done. Trump is for the 1 percent, huge globalist corporations and his billionaire buddies, but he claims that he is for the people. At the same time, he is increasing the 'ownership' of the US government by installing the lobbyists and CEO's of huge corporations into the tops of regulatory agencies. Bottom line, this is called fascism. 



Go to any economics class and you will hear about making money in various ways. You will hear how money is measured and economic activity is quantified via GDP. You will be taught how free resources such as forests, oil, ground, water, animals or whatever else are there to use in order to make a profit, with no regard for consequences or future generations. If the forests are cut down  and gone, move the money you made into fishing. When all of the fish are gone, move the money into oil. When all of the oil is gone, move it into uranium and nuclear weapons. Just make greater profits each time, no matter what you have to do or who you have bribe, pay off, threaten, step on or kill to make it happen.

Who cares what happens to the people, the environment, the communities nearby, or to 7 future generations of our children? Very few 1 percenters in the global corporate monopoly world gives a S#(#* about anything except the short term profit this quarter. Economics is all about short term profits and GREED, clothed as 'science'. Economics is NOT SCIENCE! Economics being taught in schools and colleges is global suicide and sociopathy or psychopathy plus greed, pure and simple. 

If you ask an economist or a CEO about all of the consequences created by destroying the forests, the soil, polluting the water and creating mass die offs, plus multiple negative tipping points including global warming, they will reply with; well those are just 'externalities' and we are not responsible. Don't ask us to pay for those things, or tax us for the damage we cause. We don't have anything to do with those things.

RSA ANIMATE: Crises of Capitalism
VIDEOhttps://youtu.be/qOP2V_np2c0 11 min.

THE GOP WAS ALWAYS DEAD SET AGAINST INCREASING FEDERAL DEBT UNTIL THEY GET CONTROL OF ALL BRANCHES OF GOVERNMENT, AND THEN THEY EXPLODE THE FEDERAL DEBT BY PASSING HUGE TAX BREAKS FOR CORPORATIONS AND THE 1 PERCENT, WHICH THEN FORCES CUTS IN SOCIAL SAFETY NET PROGRAMS, LIKE HELPING THE HOMELESS, UNEMPLOYMENT, ETC.

NowThis Politics Trump once posed as a fake publicist and lied about his wealth to get on a Forbes list
VIDEO; https://www.facebook.com/NowThisPolitics/videos/2242563849108426/

If lying accomplishes the goal, why not just make the lies bigger and better in order to accomplish 'bigger' goals, like becoming President and then using that position plus more lying, to become even RICHER and more POWERFUL? 


When lying becomes so rampant that lies are the only thing that exist, then the lies in effect become their own 'truth', or alternative facts. When the GOP lies and their leader lies to the American public, there is no crime, no one is punished and no one goes to jail, according to them. What happens when truth or justice no longer applies? 



Go deeper into why tax breaks for the rich and huge corporations just don't work and never will. 

Trump Tax Plan Passes, Raises National Deficit 1.5 Trillion Dollars, Gives 5 Trillion To Billionaires And 1Percent, Corporations, Takes 3.5 Trillion From Middle Class, Poor, Sacrifices  Medicaid, Medicare, SocialSecurity, Obamacare




EUROPEAN PLUS US DEBT BUBBLE/CRISIS IS SIMPLIFIED AND DESCRIBED

Globally, the same debt bubbles are growing and expanding in an unsustainable manner. Huge corporations are increasing their debt load at ever increasing levels, thanks to near zero interest rates. But what happens when the interest rates rise, and the debt must be refinanced or paid off? 


This following two videos explain the European debt crisis via a series of entertaining cartoon drawings and pretty simple, easy to follow explanations. It is funny, entertaining and simple to understand. I encourage everyone to watch, and learn about economics, even if you never took an Economics class in college. Although somewhat simplified, it does cover some important key points that everyone should understand. 

These videos, do not cover credit swaps, and derivatives markets, which are an even bigger mess, again caused by financial institutions, not the average person on the street. But guess who pays to try and clean up the mess?

Punk Economics Part I
VIDEOhttps://youtu.be/oAR0VRLRGHE  5 min.

Punk Economics Part II: Cash For Trash

Irish economist David McWilliams explains the ECB's massive cash for trash scheme -- bailing out banks with your money. 

Punk Economics Part III: Playing With Liquidity

Irish Economist David McWilliams discusses the dangers of playing games with liquidity, in Lesson 3. 


So what does this mean for the average person? Bottom line, there is a real danger of complete monetary collapse at some point, both in the weak countries these videos are pointing at, but also in other countries, including the US.

DEBT IS BEING PILED ON TOP OF DEBT, WITH NO REALISTIC WAY TO PAY IT ALL BACK, BUT THE ONE PERCENT ARE GETTING RICHER EACH STEP OF THE WAY, AS THEY KEEP DIGGING THE HOLE DEEPER AND DEEPER

Debt cannot be piled on top of debt, while cutting essential community services forever. The bigger the debt bubble, the bigger the collapse eventually.

Overall, for profit corporations are pulling more and more money out of the taxpayer funded taxing system, while less and less social programs are funded and the corporations pay less and less taxes. A majority of the biggest corporations actually pay ZERO taxes much of the time.

ALEC Exposed; How Corporations Buy, Corrupt, And Control The Federal And State Governments

Source/Credit; People Over Politics

The shell game that banksters are playing right now is that they get paid in good times out of profits. They also get paid in bad times. However, to make this work in bad times, cuts have to be made in essential services, such as veterans benefits, police, fire, schools, parks, roads, bridges, art, science, recreation, as well as pensions, union wages, and the like. This money gets transferred to the banksters, who make even more profits, while average people suffer with unemployment, lower wages, less benefits, and more suffering all the way around.


At some point, the whole thing collapses like a house of cards. When that happens, hopefully your community has a local currency, a barter system and it is self reliant in terms of renewable energy sources, LOCAL food production and LOCAL jobs. If you do not see this in your community, start building things like organic community gardens, renewable energy sources, and local money sources now, because it will more than likely be the ONLY things working when this all happens.

Paul Singer And Other Vulture Capitalists Threaten Entire Global Financial System
http://agreenroad.blogspot.com/2014/07/paul-singer-vulture-capitalist-forces.html

Art And Science Of Deception; Global Corporations, CIA, Journalism And The 1%, Whistleblowers, Voting, Elections And Solutions
http://agreenroad.blogspot.com/p/corporations-art-and-science-of.html

A HISTORY LESSON OF TAX RATES,  RECESSIONS, BUBBLES POPPING, AND GOOD TIMES

There is a way to fix all of these problems and to get rid of much of the income inequality. 


Source/credit US Uncut

Income Inequality In America; Myth Vs Reality, Plus Sustainable Solutions
http://agreenroad.blogspot.com/2013/03/wealth-distribution-in-america-myth-vs.html

PEOPLE ARE RISING UP AND SAYING NO MORE SCAM DEBTS AND 1 PERCENT INSPIRED 'SOLUTIONS', WHERE MOST OF THE MONEY GOES TO THE GREEDY AND SELFISH 1 PERCENT AND AWAY FROM THE 99 PERCENT


German Study Proves It – 95% Of Greek "Bailout" Money Went To The Banks
… Some 95 percent of the 220 billion euros disbursed to Greece since the start of the financial crisis as loans from the bailout mechanism has been directed toward saving the European banks. That means about 210 billion euros was eventually channeled to the eurozone credit sector while just 5 percent ended up in state coffers, according to a study by the European School of Management and Technology (ESMT) in Berlin.

“Europe and the International Monetary Fund have in previous years mainly saved the banks and other private creditors,” concluded the report, published yesterday in German newspaper Handelsblatt. ESMT director Jorg Rocholl told the financial newspaper that “the bailout packages mainly saved the European banks.”

The economists who took part in the study have analyzed each loan separately to established where the money ended up, and concluded that just 9.7 billion euros – less than 5 percent – actually found its way into the Greek budget for the benefit of citizens. “This is something that everyone suspected, but few people actually knew. That has now been confirmed by the study.

Greece to EU - Drop Dead! |

THE BAILOUTS AND NEGATIVE VALUES OF WALL STREET ARE CREATING A POLICE STATE, RULED BY A BANKSTER PLUTOCRACY, WHILE CREATING HUGE DEBT BUBBLES




Source/credit; Troy Livingston

Banks Got A Bailout Total Of $29.6 Trillion Dollars; The Day Capitalism Died, For The 2nd Time
http://agreenroad.blogspot.com/2015/02/banks-got-bailout-total-of-296-trillion.html

As the power of top down 1 percent controlled huge corporations, banks and other fiat money focused organizations grows, so does fascism. Fascism can and does happen inside of Communism, Capitalism and Socialism. 



WHO IS WORSHIPING THE GOLDEN CALF, AND FORCING OTHERS TO DO THE SAME THING? AS THE 1 PERCENT BENEFIT MORE AND MORE, THE 99 PERCENT SUFFER MORE AND MORE FROM RISING DEBT BUBBLES



And in the case of Greece, these are also the values of the banksters as well as Vulture Capitalist who keep loading up Greece as well as pretty much all other countries around the world with more and more debt, but taking away more and more social safety nets and social programs that benefit the 99 percent. 

Japanese Debt Tops 400% GDP - One TRILLION YEN - Fukushima Mega Nuclear Disaster Will Only Accelerate Financial Bleeding, Financial Bubbles Growing, Global Financial Collapse Coming
http://agreenroad.blogspot.com/2013/08/japanese-debt-tops-one-quadrillion.html

Comparing Norway, Russian, Japan, US National Debt, Taxes, GDP, Bailouts; What Is The Way Out For The US?
http://agreenroad.blogspot.com/2014/08/norway-has-zero-national-debt-how-does.html

Source/credit; Troy Livingston

THE REVOLUTION IS HAPPENING ALL AROUND THE WORLD, AND IT IS NOT BEING TELEVISED; ARE YOU PART OF IT?

Let's get money out of elections, the mass media and politics. 

U.S. Senator Bernie Sanders Our corrupt campaign finance system amounts to legalized bribery. The good news is: there many ways we can rebuild a vibrant democracy—starting with looking at how other major countries hold elections.


A Successful, Peaceful Citizens Revolt And Revolution Happened In Iceland, Copy Their Model In Your Country!


Iceland Bailed Out People Instead Of Banksters; Is Now Doing Much Better Than EU, or US

The Singing Revolution Film; How Estonia Gained It's Freedom By Singing A Revolution

Source/credit; Alternative World News Network

198 Methods Of Non Violent Direct Action, Civil Disobedience, Non Violent Communication And Examples Of Successes In US, Estonia, India, Poland And Many More
http://agreenroad.blogspot.com/2014/11/198-methods-of-non-violent-direct.html

WHAT YOU CAN DO; OWN THE MONEY



CodeShutdown July 8, 2015  you might enjoy Ellen Brown on money and banking solutions.  State owned banks a solution. North Dakota bank serves the people.



WHAT YOU CAN DO; BE HAPPY

Instead of measuring GDP, a nation can measure the gross national happiness of the people. 

Ten Happiest Countries On Earth, Power Of Gross National Happiness, GNH In Bhutan; Housing, Clothing, Food, Healthcare Provided For All Citizens As Part of Ancient Social Contract; Building On Indigenous Village Concept, Everyone Is Connected, Equality Rules

WHAT YOU CAN DO


VOTE, especially in primaries. 

Don't vote for corporate owned politicians, nor billionaires, nor PAC money supported candidates, unless you want things to get much worse. 





ART, HUMOR AND MUSIC ACTIVISM

Clarke and Dawe - Understanding the GFC

Clarke and Dawe - The Way Forward for Europe

Clarke and Dawe - Solvency in Our Time

WHAT YOU CAN DO; ENDORSE, LEARN, TRANSFORM, DONATE, SHARE, SUPPORT, SPONSOR, CONNECT, COMMENT, AND/OR COLLABORATE

DONATE

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Punk Capitalism Economics Is Equal To Brain Damage Or Insanity - Banking Debt Crisis Scam In Greece, Italy, Germany, And USA - Tax Rates And Booms Lead To Bursting Bubbles - 95% Of Greek Bailout Money Went To 1 Percent And Big Banks, Not To Solve Social Problems
https://www.agreenroadjournal.com/2012/03/punk-economics-banking-debt-crisis-scam.html

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