Global New Deal?
This is the coming One World Tyranny under the Anti-christ folks. And it seems very, very, very close.
“the explosion of corporate debt levels in emerging economies”
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The US debt collapse will make the “emerging economies” look like a Sunday stroll through the garden.
Damaging deflationary spirals ????????????????
We have had CONTINUOUS and STEADY INFLATION since 1965
Inflation is THEFT OF VALUE by GOVERNMENT and the Money Changers.
DEFLATION is a Restoration of VALUE TO YOUR DOLLAR!!!
So What is BAD for the CASINO is GOOD for the People(Deflation)
and what is BAD for the People is Good for the Casino(inflation)
This can’t be true. Obammy has been telling us that our economy is been the best in 40 years.
Die U N die.
Wow - somebody at the UN really gets it ... this will be ‘red meat’ on the prepper sites ...
“It may also prove to be the definitive crisis of globalized capitalism”
It’s almost as if governments running up debt, and central bank printing had nothing to do with it!
The truth is, a smart company would buy up all their stock with cheap and soon to be devalued debt, and on the other side of this government-caused currency crisis reissued stock, they would be far better off than companies that simply rode it out.
Essence of story, we need a stateswoman at the helm. (didn’t read it)
Between now and November 8th, we’re going to be reading a whole lot of doomsday predictions.
If Obama were running again, you’d hear none of it.
Capitalism isn’t the problem. Reckless government spending and insane central bank meddling are the problems. As Reagan said, “the more plans fail, the more the planners plan”. None of these idiots have a clue how to unwind this mess.
If there is a world-wide economic collapse and chaos and mass migrations across borders, the Obama Soros axis will celebrate and move in to reorder society with an iron fist.
But what UNCTAD shows is that globalisation has not in fact worked for these countries, bar a few exceptions. One starts to suspect that it works for nobody except the owners of capital and their close allies.
Wow - The UN said that ???
Ambrose was a favorite during the Whitewater years. He would publish stuff nobody else would.
Then he returned home, and my impression was that he went South. So many looked good while addressing the truth about Clinton. Many of them were actually Left leaning folks. And when the Clinton days were over, they went back to being who they were.
Keith Oberman was a prime example. He was highly critical of Clinton during the Clinton years. Then he reverted (evidently) to be an extreme Leftist.
Is Ambrose wrong here? I don’t know.
What I do know is that I would never trust the U.N. about anything, so quoting it a premise for an article, you have two strikes against you from the get go.
PING!
“corporate debt levels in emerging economies, which now exceed $25 trillion”
Probably 90%+ in real estate.
The world automotive industry probably might have $1 trillion in capital equipment, as might the semiconductor industry.
All the rest of industry worldwide might have about $1 trillion in capital equipment.
Deflation
Except for some electronic stuff like SD cards and LCD light bulbs, there really isn’t much getting cheaper.
Global New Deal?
This is the coming One World Tyranny under the Anti-christ folks. And it seems very, very, very close.
"The benefits of a rushed integration into international financial markets post-2008 are fast evaporating," it said.
Yet the suffocating liabilities built up over the QE years remain.
UNCTAD says corporate debt in emerging markets has risen from 57pc to 104pc of GDP since the end of 2008,
and much of this may have to written off unless there is a world policy revolution.(empahsis mine)
"If the global economy were to slow down more sharply, a significant share of developing-country debt incurred since 2008
could become unpayable and exert considerable pressure on the financial system,"
it said ( UN Conference on Trade and Development (UNCTAD)).
So , the UN push for Globalization has consequences.
So , the UN push for influencing income inequality has consequences.
So , the UN push for refugees who 'refuse to assimilate' across international borders is meeting international citizen resistance.
So , the UN is now pushing for " a world policy revolution" (financial) to deal with investments that they have been pushing while the world faces a significant recession.
What could go wrong here (?), .. UN actions have consequence !
Pritchard has been wrong about everything his entire life. Anyone who has taken Pritcard’s advice about the markets is broke, pissed off and hunting him down to hang him from a lampost.