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RE: Deciphering the Rothschild’s Economists’ The World in 2019 cryptic cover
Have you read The Economist?
This looks like a very extreme version of judging a book by it's cover.
They of course have their own political slant as most publications do. But I have generally found their articles to be more concise and accurate than a lot of other media most people consume. From the MSM media to raving radio hosts.
Is there an elite that have far more power than they should? Yes! And the best thing most can do is to read what they read to understand their views.
Knowledge is and has always been one of the greatest forms of power.
Hello @kabir88. Firstly, thank you for taking the time to comment. As a former business professor, I have read the publication over the years. I must admit, though, I have always found it to be quite dry in terms of contents.
My biggest issue with the publication (other than the fact that it started to be used as a propaganda weapon, particularly since the past decade) is that it presents macro economics in a Keynesian light and has pretty much always done so.
Keynesian economics is all about expanding the monetary base (i.e., printing money or conjuring it up out of thin air as bits on a computer screen) to promote growth - which is cursed to be fake and based on debt; in other words, you are borrowing from the future to support growth now (the short term). This is a fundamentally flawed economic concept. A much sounder one is based on Austrian economics. You can read more about this and the Mises Institute - an excellent resource from which you can get both the basics and more advanced economic concepts.
If the world (including its central banks) were run on the latter instead of the former, we would be in a much better predicament in terms of global economic health. But unfortunately, because Keynesian economics have been pushed (by the elite and powers that be) so much in Academia and in Media (i.e., The Economist at its core), the world is awashed with a gargantuan amount of debt (what is it now around $300 trillion?) which has made the elite extremely rich and has made the rest of the world burdened debt slaves. You know this debt is unsustainable and when the next economic meltdown occurs the shit is really gonna hit the fan.
Lastly, all you need to do is do a quick image search on Google to see the covers of the Economist over the last 10 years and you will see a lot of propaganda, desperate click-bait, headings and images on their covers to attract buyers and sell their agendas.
But hey, maybe I am missing something else. So, I always welcome your comments.
Take care my friend.
libertyacademy -
As you've self-identified as a "former business professor" have you yet accepted that there is no right way to do something wrong? Is not the core of your reply a testament through which a reasonable person should conclude that usury (when defined as lending at interest) is the cause of all purposeful debt dysfunction, and that despite exhausting infinite permutations of attempts to implement usury (lending at interest) the outcome would be same? Am I correct in recognizing that you are only interested in the chaos of the game? If I am incorrect where is your condemnation of usury economics? You are exactly correct in your impression of the economist as dry rhetoric as it is in reality awash not in debt that doesn't really exist, but in the blood of those slaughtered to perpetuate the myth.
The shit has never stopped hitting the fan. Look up, wake up, you are being sprayed.
Woodchuck Pirate
aka Raymond J Raupers Jr USA
woodchuckpirate.com
Don't remind me about being sprayed, I live in Shenzhen...
5G is the real next big killer though and China is leading the global way in this respect. So maybe the persecution of Huawei is not entirely a bad thing...
libertyacademy -
Taxation is theft, and from where I set the bar (infinite truth), it's near impossible to find a victim. It's been explained to me that the US national debt, all those treasury bonds are collateralized by the land in the US. China be damned, there will be no way forward for communism. I've got 3 grandchildren that never voted for any of that debt and the shitboomers (my generation) never had any intention of paying one thin dime of their debt. All they talk about is that social security check is "their" money. Talk about a sociopathic relationship with state. Mussolini was correct in defining fascism as corporatism, and it is the only game on the globe.
I must constantly remind myself that there is no unescapable social destiny. Death has no enemy.
Woodchuck Pirate
aka Raymond J Raupers Jr USA
woodchuckpirate.com