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From Economic Crisis to World War III

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A Chinese economist points to the risk of world war caused by protectionism and inequality:

https://www.project-syndicate.org/commentary/economic-crisis-military-conflict-or-structural-reform-by-qian-liu-2018-11

Not the best article, but as the awkward armistice unfolds, as this credit cycle has peaked and both Russia and China have declared they are preparing for war, with the Swift blockade on Iran yesterday in response to which they've pledged to block shipping lanes, interested in whether it's still considered an outlandish possibility.

Will the global asset bubble end in world war? Could anyone be bothered?

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Everyone will outsource it to everyone else until the trillions of debt get cancelled back out again

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Macron was appealing against nationalism the other day. Whilst promoting EU hegemony with the other side of his face.

 

"Bourgeois, moi?"

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7 hours ago, Si1 said:

Macron was appealing against nationalism the other day. Whilst promoting EU hegemony with the other side of his face.

what he means i s a socialist federal europe full of immigrants for muslim places that we can pay for 

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On 10/11/2018 at 15:48, darkmarket said:

A Chinese economist points to the risk of world war caused by protectionism and inequality:

https://www.project-syndicate.org/commentary/economic-crisis-military-conflict-or-structural-reform-by-qian-liu-2018-11

Not the best article, but as the awkward armistice unfolds, as this credit cycle has peaked and both Russia and China have declared they are preparing for war, with the Swift blockade on Iran yesterday in response to which they've pledged to block shipping lanes, interested in whether it's still considered an outlandish possibility.

Will the global asset bubble end in world war? Could anyone be bothered?

A Chinese mouthpiece of the CCP is winging about Trump.

 

there corrected for you

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you know what causes inequality? Taking usurious loans from the Chinese, making you, your nation and your people servants of China. Which is what is happening all across Africa and in Venezuela.

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3 minutes ago, No One said:

A Chinese mouthpiece of the CCP is winging about Trump.

 

there corrected for you

If it's a CCP mouthpiece saying China is willing to engage in a world war, I think that's noteworthy too. Maybe moreso than your view that she's whinging.

Edited by darkmarket

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Thomas Piketty is an insane communist he has been forecasting doom and gloom all his life - it just gets a tad trite and boring.  He is just woolly academic who have never worked in the real world. 

A socialist does not like capitalism shock horror! 

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12 hours ago, Si1 said:

Macron was appealing against nationalism the other day. Whilst promoting EU hegemony with the other side of his face.

 

"Bourgeois, moi?"

Macron halved the cost of a national hunting licence from €400/year to €200/year in the summer. Since then, both a mountain biker and a rambler have been shot dead. Lots of children injured, including one accidentally killed by his grandfather. Bridget Bardot put together a lot of organisations to fight Macron on hunting recently.

There were calls to ban hunting on Sundays. In response, a politician in the party that Macron established tweeted "Hunting only lasts 4 months of the year. Why not ban mountain biking (VTT) during the hunting season?"

 

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22 hours ago, darkmarket said:

If it's a CCP mouthpiece saying China is willing to engage in a world war, I think that's noteworthy too. Maybe moreso than your view that she's whinging.

meh, China is surrounded by  the US, it can bark all it like

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I always imagine internal civil wars of the elite vs the populace might be more likely than a sovereign state directly attacking another with outsiders warring by proxy by agitating.

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1 minute ago, cashinmattress said:

You mean like the exact same reasons behind all world wars... ever? 

I think the tensions now are more between the market economies and the planned economies that emerged after WW1. The inequality that's rising is normally measured within countries, but on a global scale there's been very fast development and a rise in living standards.

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4 hours ago, zugzwang said:

The death throes of the American Empire and its currency the petrodollar. Not fit for purpose in the Twenty-First Century.

If you are a scientist/inventor/entrepreneur and want funding, technological infrastructure, ability to make profit and the privilege of not having your ideas/inventions taken off you then the US is hands down the best option and therefore will continue to dominate.

It has vast resources, militarily inferior direct neighbors, dominant language, favourable demographics and is one of the few countries not near its carrying capacity.

 

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3 hours ago, Killian said:

If you are a scientist/inventor/entrepreneur and want funding, technological infrastructure, ability to make profit and the privilege of not having your ideas/inventions taken off you then the US is hands down the best option and therefore will continue to dominate.

It has vast resources, militarily inferior direct neighbors, dominant language, favourable demographics and is one of the few countries not near its carrying capacity.

 

The US is a barely governable, debt-addled corporatocracy racing headlong towards civic collapse and national bankruptcy. It will never again dominate the world economy the way it did it between 1945 and 2008. Unless it makes a radical change of direction, it has no future worthy of the name.

us.debt_.10jan2018.png

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5 hours ago, Killian said:

If you are a scientist/inventor/entrepreneur and want funding, technological infrastructure, ability to make profit and the privilege of not having your ideas/inventions taken off you then the US is hands down the best option and therefore will continue to dominate.

It has vast resources, militarily inferior direct neighbors, dominant language, favourable demographics and is one of the few countries not near its carrying capacity.

 

Pfft, similar things could've been said about the early 18th century Russian Empire and it has been no stranger to permanent crisis and instances of total implosion: why are so many blind to the possibility of the United States of American tipping over into a Tsarist or Soviet style collapse or/and 2nd Civil War?

Edited by Big Orange

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8 hours ago, zugzwang said:

The US is a barely governable, debt-addled corporatocracy racing headlong towards civic collapse and national bankruptcy. It will never again dominate the world economy the way it did it between 1945 and 2008. Unless it makes a radical change of direction, it has no future worthy of the name.

us.debt_.10jan2018.png

Whats the difference between credit and debt?

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On 12/11/2018 at 14:23, happyguy said:

Thomas Piketty is an insane communist he has been forecasting doom and gloom all his life - it just gets a tad trite and boring.  He is just woolly academic who have never worked in the real world. 

A socialist does not like capitalism shock horror! 

Plenty of all sorts like that, wooliness allover the place......there are not only two ways, many dislike both socialism and what capitalism has become....never will all people be the same, but people helping and respecting good others different to themselves avoids conflict, encourages peace......;)

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14 hours ago, Killian said:

If you are a scientist/inventor/entrepreneur and want funding, technological infrastructure, ability to make profit and the privilege of not having your ideas/inventions taken off you then the US is hands down the best option and therefore will continue to dominate.

It has vast resources, militarily inferior direct neighbors, dominant language, favourable demographics and is one of the few countries not near its carrying capacity.

 

This totally ignores the continued breakdown in its societal values. Inequality is going through the roof. As it gets worse, it will blow - like all feudally driven countries in the past.

People, not money.

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  • 140 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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