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Tag: debt

Kim Dotcom: “What’s the root cause of the US proxy war in Ukraine?”

Kim Dotcom: “What’s the root cause of the US proxy war in Ukraine?”

Kim Dotcom is spot-on WW3: US/NATO PROXY WAR IN UKRAINE, AND NZ’S SUPPORT OF IT EXPLAINED IN 8 TWEETS EVER WONDERED WHY NEW ZEALAND AND OTHER WESTERN COUNTRIES ARE SENDING HUGE AMOUNTS OF MONEY FROM THEIR AILING ECONOMIES TO PROP UP UKRAINE’S ALL BUT DEFEATED ARMY IN A STAND-OFF WITH RUSSIA THOUSANDS OF MILES AWAY? We are living in the last days of Empire – the US/Western Financial Empire – and most people don’t know it. Places like Kherson, the…

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Money as Debt

Money as Debt

This is coming full-circle to how I began my blog in 2012 Neil Oliver: ‘By taking back control of the money we can begin regaining control of our world’ Neil Oliver: ‘Now is the time to take back control of money – Its creation, its value and its flow. By so doing, we can begin the task of regaining control of our world.’ Money as Debt I – Revised Edition 2009

Emergency action by Bank of England amid UK economic turmoil

Emergency action by Bank of England amid UK economic turmoil

Kwasi Kwarteng WON’T rethink tax-cutting Budget: Ministers deny blame for ‘global’ market chaos after Bank of England is forced to launch £60billion government debt buy-up to stop soaring interest rates causing ‘mass’ collapse of pension funds Bank of England has stepped in to buy long-term government debt to stop ‘material risk’ of financial chaos The BoE will buy gilts for the next two weeks after interest rates soared in the wake of the Emergency Budget   IMF has criticised the package,…

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Sri Lanka: “we are just the canary in the coal mine”

Sri Lanka: “we are just the canary in the coal mine”

From behind a paywall Sri Lanka Collapsed First, but It Won’t Be the Last An excerpt As a Sri Lankan, watching international news coverage of my country’s economic and political implosion is like showing up at your own funeral, with everybody speculating on how you died. The Western media accuse China of luring us into a debt trap.  Tucker Carlson says environmental, social and corporate governance programs killed us.  Everybody blames the Rajapaksas, the corrupt political dynasty that ruled us until massive protests by angry Sri Lankans chased…

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Who is behind the Sri Lanka collapse?

Who is behind the Sri Lanka collapse?

If you look at western media you will find that to the extent there is any context at all that the blame is pinned on the corrupt Rajapaksa’s and on China. According to the narrative the Rajapaksas were responsible for moving away from its traditional western allies and pivoting towards China involving it in a debt trap with China. These articles are representative. Lanka paying for China’s colonization by debt; Ex-Niti Aayog Vice Chair flags dubious investments And China’s Sri…

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The NZ government as spent $100 billion on the pandemic in addition to normal expenditure

The NZ government as spent $100 billion on the pandemic in addition to normal expenditure

Gonzalo Lira said Australia could be the next Ukraine. I am asking if New Zealand could be the next Sri Lanka (if we are no longer under the protection of our “friends and allies”. “So far the government has spent on the order of 100 billion dollars on the pandemic in addition to normal expenditure. To put this in stark perspective, that is equal to the total annual government budget prior to the pandemic—more than $20,000 for every man, woman,…

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Is Grant Robertson moving citizens’ Kiwisaver funds into crown accounts

Is Grant Robertson moving citizens’ Kiwisaver funds into crown accounts

It came through first as a credible rumour…. But never believe a rumour until it is officially denied Budget 2022: Government reacts to rumours about using KiwiSaver funds to balance debt Rumours the Government plans to use KiwiSaver funds to balance its debt are “totally untrue”, a spokesperson for the Minister of Finance says.  The rumours stem from Finance Minister Grant Robertson’s new fiscal rules announced on Tuesday ahead of the upcoming Budget release on May 19.  Robertson said Treasury,…

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#GotGoldorRubles? Russia Just Broke the Back of the West

#GotGoldorRubles? Russia Just Broke the Back of the West

Tom Luongo Gold, Goats n’ Guns, 28 March, 2022 Tweet I don’t think everyone has yet caught the significance of Russia announcing they are putting a floor under the price of gold.  But, to be clear, Russia just broke the paper gold suppression scheme. On Friday the Bank of Russia announced: BREAKING NEWS: THE RUSSIAN CENTRAL BANK WILL RESTART BUYING GOLD FROM BANKS AND WILL PAY A FIXED PRICE OF 5,000 ROUBLES PER GRAM BETWEEN MARCH 28 AND JUNE 30 pic.twitter.com/Q1kTSfzAIm…

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War in Ukraine: headed for economic collapse

War in Ukraine: headed for economic collapse

I had intended to put something together about how the West is committing suicide in its response to the war in Ukraine. First back to basics Economic Warning! Russia & Energy = Imminent Financial/Economic Disaster A troublesome shortfall in oil has been converted into a very real shortage that will translate into an economic nightmare. In this video I ‘do my thing’ and connect dots for you in a way that provides you with insights you can turn into concrete…

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