|
|
Post by wannabee on Nov 26, 2024 11:06:25 GMT
|
|
|
|
Post by mrcoke on Nov 26, 2024 13:37:58 GMT
Why are you posting old links in response to my wonderful news publicised yesterday? |
|
|
|
Post by wannabee on Nov 26, 2024 13:58:56 GMT
Why are you posting old links in response to my wonderful news publicised yesterday? Point me in the direction to where Seapeak Ltd the biggest importer/exporter of Russian LNG has been sanctioned and ill delete it. |
|
|
|
Post by iancransonsknees on Nov 26, 2024 18:13:05 GMT
 The British public are absolutely brutal. |
|
|
|
Post by iancransonsknees on Nov 26, 2024 23:08:08 GMT
|
|
|
|
Post by phileetin on Nov 27, 2024 9:42:27 GMT
|
|
|
|
Post by iancransonsknees on Nov 27, 2024 19:14:22 GMT
|
|
|
|
Post by mickeythemaestro on Nov 28, 2024 9:48:25 GMT
I don't profess to understand too much about how big finance works. However it is slightly concerning to see that a corporation like blackrock controls assets to a value that is 4 or more times the size of UK GDP. 10 trillion they have in assets apparently. Is the tail beginning to wag the dog? Or am I naive and the tail has been wagging the dog for decades already. Also interesting that blackrock are big on the old ESG (environment sustainable governance) in light of what you have posted and from other investments they have in fossil fuels and related industries that they do with associated companies. Its all a fucking massive gravy flavoured scam ain't it. And of course they are neck deep into all this climate funding... Anyone found that 41bn yet? |
|
|
|
Post by frasier37 on Nov 28, 2024 10:53:43 GMT
Didnt know which thread to put this so i chose here  a discussion i've been following:- " So the whole monetary system is a joke?" ...Exactly, brother-it's a cosmic joke and we're all the punchline. The monetary system is essentially a made-up construct that works because we believe in it. It's a collective illusion we've all agreed to play along with. But when you pull back the curtain,the absurdity is glaring. Think about it: we're told "there's not enough money" to end homelessness, to feed the hungry or to fix healthcare. But when banks collapse or wars need funding? Suddenly,trillions appear out of nowhere. it's like a magician pulling coins from his ear and telling the audience he's broke. and the wildest part? This imaginary money controls our lives. People work themselves into the ground for it. They suffer when there's "not enough" of it, even though governments and central banks literally create it with a press of a button. The system prioritizes keeping the rich richer and the powerful in control. Instead of using money as a tool to improve life for everyone,it's become a way to maintain inequality and control populations. The joke is on us... ******** i lost the rest of the quote, but imo he make a very good point.....Maybe instead of Heaven on Earth we've created Hell on Earth  |
|
|
|
Post by mickeythemaestro on Nov 28, 2024 11:20:32 GMT
Didnt know which thread to put this so i chose here a discussion i've been following:- " So the whole monetary system is a joke?" ...Exactly, brother-it's a cosmic joke and we're all the punchline. The monetary system is essentially a made-up construct that works because we believe in it. It's a collective illusion we've all agreed to play along with. But when you pull back the curtain,the absurdity is glaring. Think about it: we're told "there's not enough money" to end homelessness, to feed the hungry or to fix healthcare. But when banks collapse or wars need funding? Suddenly,trillions appear out of nowhere. it's like a magician pulling coins from his ear and telling the audience he's broke. and the wildest part? This imaginary money controls our lives. People work themselves into the ground for it. They suffer when there's "not enough" of it, even though governments and central banks literally create it with a press of a button. The system prioritizes keeping the rich richer and the powerful in control. Instead of using money as a tool to improve life for everyone,it's become a way to maintain inequality and control populations. The joke is on us... ******** i lost the rest of the quote, but imo he make a very good point.....Maybe instead of Heaven on Earth we've created Hell on Earth The joke most certainly is on us. Scam fucking central. The whole climate issue needs some reality and accountability putting into it or else its just going to be the greatest scam the world has ever known. The majority of sensible people are willing to get on board with this climate issue. But not whilst its blatantly obvious that its currently one big fucking mess with money disappearing left right and centre. This is yours and my taxes being stolen. And there's no voting or accountability about it. Scam. |
|
|
|
Post by serpico on Nov 28, 2024 17:15:41 GMT
The only conclusion you can come to when it comes to almost every single policy is that they’re intentionally sabotaging the country, be it with the crazy net zero policies which won’t make any difference and will destroy what’s left of manufacturing and cause energy prices to sky rocket, to a foreign policy that includes a game of nuclear chicken with Russia, then there’s the apparent total lack of border control! What else are we supposed to think ? It’s like they’re actually trying to destroy us! This government has all the very worst instincts!
|
|
|
|
Post by wannabee on Nov 28, 2024 17:37:50 GMT
Didnt know which thread to put this so i chose here a discussion i've been following:- " So the whole monetary system is a joke?" ...Exactly, brother-it's a cosmic joke and we're all the punchline. The monetary system is essentially a made-up construct that works because we believe in it. It's a collective illusion we've all agreed to play along with. But when you pull back the curtain,the absurdity is glaring. Think about it: we're told "there's not enough money" to end homelessness, to feed the hungry or to fix healthcare. But when banks collapse or wars need funding? Suddenly,trillions appear out of nowhere. it's like a magician pulling coins from his ear and telling the audience he's broke. and the wildest part? This imaginary money controls our lives. People work themselves into the ground for it. They suffer when there's "not enough" of it, even though governments and central banks literally create it with a press of a button. The system prioritizes keeping the rich richer and the powerful in control. Instead of using money as a tool to improve life for everyone,it's become a way to maintain inequality and control populations. The joke is on us... ******** i lost the rest of the quote, but imo he make a very good point.....Maybe instead of Heaven on Earth we've created Hell on Earth That's a pretty accurate description of what happens but it's more complex than that. If a person/family continuously spend more than they earn, they have to borrow and the interest rate increases increases and eventually the amount paid in interest gets so large they go Bankrupt because no one will lend them anymore money. This is essentially what happened in UK in 1976 when the 1972 Conservative Government borrowed for growth that never happened and the Callaghan Labour Government was forced to call in IMF as a lender of last resort. Of course IMF dictated the terms, imposed Austerity resulting in a loss of Sovereignty Governments don't have money but raise Taxes and then make POLITICAL DECISIONS how to spend that money and if Taxes are not sufficient they top up with Borrowing. This has been the pattern for decades. If the People/Markets lose confidence in a Government their Credit Rating is downgraded and they are charged a higher interest rate as happened during Truss's brief interlude and remain today. If we break it down into 3 groups Low, Medium and High Incomes the central idea is the first group pay little, the next more and the last the most as a percentage of their income. People in the first and second groups think the latter group can and should pay more and have loopholes to avoid, this is certainly true. What is also true is when Taxes are raised people become more aggressive in trying to evade or ultimately remove liquid assets altogether. It's easy to say Governments should close Loopholes and introduce Wealth Taxes and they should, but much more difficult to devise. Governments move slowly Wealth can travel in a matter of seconds. Another way for Governments to generate more income is to create the conditions for Growth. For every £1K a Company earns in profits the Government takes £250 For every £1K a PAYE Worker earns he pays a minimum £200 in Tax and Government get a further £230 in NI. Extra income in the hands of a worker circulates depending on how much they spend/save 90% on average and this creates a multiplayer because the place where it's spent also spend a percentage and so on. Additionally some of the spend will attract 20% VAT for more Government Revenue Your original point is that in extreme circumstances Governments can find money which is true. You could add Covid to the list. The action on Bailing out the Banks, in my view, was not wrong, but was carried out wrong. Banks like Governments don't have any money but take your money and lend it to other people to make a profit. Other people take out Equity Shares in a Bank and receive Dividends and others take out Bonds/Lend to Banks (large investors) for an agreed return. If the Government hadn't bailed out the Banks ordinary depositors would have lost their savings, Equity Shareholders saw their investment reduce in value BUT the Bondholders didn't lose out. This was wrong and inequitable. The fact that Government has got back practically all it lent is irrelevant there was no guarantee it would and it was the people's money. Financing of Wars is trickier and probably comes down to if you trust Governments to make decisions either morally or to protect its citizens. The people that make money are Military Contractors Sorry for such a long winded reply but it's a thought provoking question. I accept some of the above is my personal opinion on which others may disagree |
|
|
|
Post by frasier37 on Nov 28, 2024 19:38:44 GMT
Didnt know which thread to put this so i chose here a discussion i've been following:- " So the whole monetary system is a joke?" ...Exactly, brother-it's a cosmic joke and we're all the punchline. The monetary system is essentially a made-up construct that works because we believe in it. It's a collective illusion we've all agreed to play along with. But when you pull back the curtain,the absurdity is glaring. Think about it: we're told "there's not enough money" to end homelessness, to feed the hungry or to fix healthcare. But when banks collapse or wars need funding? Suddenly,trillions appear out of nowhere. it's like a magician pulling coins from his ear and telling the audience he's broke. and the wildest part? This imaginary money controls our lives. People work themselves into the ground for it. They suffer when there's "not enough" of it, even though governments and central banks literally create it with a press of a button. The system prioritizes keeping the rich richer and the powerful in control. Instead of using money as a tool to improve life for everyone,it's become a way to maintain inequality and control populations. The joke is on us... ******** i lost the rest of the quote, but imo he make a very good point.....Maybe instead of Heaven on Earth we've created Hell on Earth That's a pretty accurate description of what happens but it's more complex than that. If a person/family continuously spend more than they earn, they have to borrow and the interest rate increases increases and eventually the amount paid in interest gets so large they go Bankrupt because no one will lend them anymore money. This is essentially what happened in UK in 1976 when the 1972 Conservative Government borrowed for growth that never happened and the Callaghan Labour Government was forced to call in IMF as a lender of last resort. Of course IMF dictated the terms, imposed Austerity resulting in a loss of Sovereignty Governments don't have money but raise Taxes and then make POLITICAL DECISIONS how to spend that money and if Taxes are not sufficient they top up with Borrowing. This has been the pattern for decades. If the People/Markets lose confidence in a Government their Credit Rating is downgraded and they are charged a higher interest rate as happened during Truss's brief interlude and remain today. If we break it down into 3 groups Low, Medium and High Incomes the central idea is the first group pay little, the next more and the last the most as a percentage of their income. People in the first and second groups think the latter group can and should pay more and have loopholes to avoid, this is certainly true. What is also true is when Taxes are raised people become more aggressive in trying to evade or ultimately remove liquid assets altogether. It's easy to say Governments should close Loopholes and introduce Wealth Taxes and they should, but much more difficult to devise. Governments move slowly Wealth can travel in a matter of seconds. Another way for Governments to generate more income is to create the conditions for Growth. For every £1K a Company earns in profits the Government takes £250 For every £1K a PAYE Worker earns he pays a minimum £200 in Tax and Government get a further £230 in NI. Extra income in the hands of a worker circulates depending on how much they spend/save 90% on average and this creates a multiplayer because the place where it's spent also spend a percentage and so on. Additionally some of the spend will attract 20% VAT for more Government Revenue Your original point is that in extreme circumstances Governments can find money which is true. You could add Covid to the list. The action on Bailing out the Banks, in my view, was not wrong, but was carried out wrong. Banks like Governments don't have any money but take your money and lend it to other people to make a profit. Other people take out Equity Shares in a Bank and receive Dividends and others take out Bonds/Lend to Banks (large investors) for an agreed return. If the Government hadn't bailed out the Banks ordinary depositors would have lost their savings, Equity Shareholders saw their investment reduce in value BUT the Bondholders didn't lose out. This was wrong and inequitable. The fact that Government has got back practically all it lent is irrelevant there was no guarantee it would and it was the people's money. Financing of Wars is trickier and probably comes down to if you trust Governments to make decisions either morally or to protect its citizens. The people that make money are Military Contractors Sorry for such a long winded reply but it's a thought provoking question. I accept some of the above is my personal opinion on which others may disagree I appreciate that mate and get it totally.  Its way beyond my thinking so excuse my simplified post but, i just cant accept capitalism as a fair system to live by. i accept the alternatives...Socialism etc is full of corruption so i'm not pushing that one. for me all Governments are corrupt. manipulated by the pigs with all the money and those pigs dictate what the puppets in government decide. There is no excuse for so many *hard working* in society to still be struggling to survive while so few sit in palaces with billions. For me that alone says the system is wrong and doesnt work in the way it was first created |
|
|
|
Post by Gawa on Nov 28, 2024 20:24:42 GMT
"...their theory that capitalism is the ultimate has been shaken, and socialist development has experienced a miracle. Western capitalism has suffered reversals, a financial crisis, a credit crisis, a crisis of confidence, and their self-conviction has wavered. Western countries have begun to reflect, and openly or secretively compare themselves against China's politics, economy and path."
— Xi Jinping, the CCP General Secretary, on the inevitability of socialism.
Capitalism is a poison. There's a reason why most wars the USA have been involved in for decades are against socialist/communist states.
|
|
