US eyes Russia, China at G7 summit amid woes at home
It is good that Russia and China are leading the rest of the world, the coloured people, to stand up to the white men and break their hegemony and control over the coloured people of the world. Russia was also kicked out of the white men's club as they are considered not so white.
The coloured people of the world must not be manipulated to go against each other by the white men. The coloured people of the world must be united as they are the majority of the people of the world and deserve more and better, not to be exploited and divided by the white men for the benefits of the white men, a small minority coming out from Europe. Let them go home to Europe, where they belong.
China mocks G7, Beijing reminded the West that it’s outnumbered by its competitors
ReplyDeleteChinese Foreign Ministry spokesman Zhao Lijian posted an image on Tuesday pointing out that despite being referred to as “international society,” the G7 countries actually account for a small percentage of the world’s population.
Depicting the leaders of the G7 countries alongside the leaders of the BRICS nations, the image noted that the population of the former amounts to 777 million, while the BRICS countries are home to 3.2 billion people.
“So next time when they talk about ‘international society,’ you know what they mean…” Zhao wrote.
In such a photo shoot to make a statement, the official photographer would make it a point to show the faces of everyone that matters. The hiding of the Japanese face is deliberate, be there but not to be seen or heard. The Japanese is not one of them.
ReplyDeleteActually there is a token yellow man among the sea of whites in the club. That one that bullied fellow Asian nations during WW2, got nuked twice only to lick the boots of its white perpetrators.
ReplyDeleteG7 nations 300M people BRICS 3.3 billion with Iran and Argentina yet to join. Somehow its the former thats making all the noise and think they are always on the right side of history.
Very provocative! Hope Russia nuke the West
ReplyDeleteAt a meeting in Germany on Tuesday, the G7 countries announced they were considering an embargo on all Russian oil shipments around the world, unless Moscow agrees to sell it at a Western-imposed price cap. The proposal comes as energy costs spiked across the globe.
ReplyDeleteThe White Tribes' Ambition to rule the Colour Tribes,
is being initiated at
UKRAINE WITH A NAZI
name ZELENSKYY
Who is aping HITLER
With wild ambition.
However,
this time the White Supremacists are asking for their own sufferings.
They are reaping
the Consequences of
their past and the
Sowings they are doing.
Atrocity and Sin are not
Deeds to trifle with, the Consequence is fatal.
Putin should just shut off the oil and gas immediately. He did not start this. The West have been making all the provocative moves, one after another. Why wait for tomorrow, when the East is attacking and hurting Russia now?
ReplyDeletePutin, go for tit for tat, NOW.
Yes plenty of video with Jap women pleasing the white dudes letting the white dudes screwing them upside down
ReplyDeleteIn a warning to NATO leaders, Russia’s state space corporation Roscosmos published satellite images and the precise coordinates of the conference hall where their summit will be held.
ReplyDeleteIt also posted images and the coordinates of the White House, the Pentagon and the government headquarters in London, Paris and Berlin — referring to them as “decision-making centers supporting the Ukrainian nationalists” in a message on the Telegram app.
That wording echoes warnings from Russian President Vladimir Putin that he could target such centers in response to what he has called Western aggression.
WHY THE US WILL NEVER GO BANKRUPT, TECHNICALLY
ReplyDeleteWe are witnessing the collapse of the American society. The country is irreversibly divided with one side desiring a fascist and decadent social structure, and the other a fundamental conservatism of their founding fathers. The political differences explode at the same time with a financial avalanche crashing down on them as decades of irresponsible deficit spending living off the fat of foreign countries is coming to an end. The US$30.5T national debt is coming home to roost.
Watching the tumultous and bitter political conflicts going on in the US, the Ukraine War, energy crunch, supply chain problems, global inflation, and oil trade in ruble and yuan, there is much talk about the impending bankruptcy of the US. The US has no reserves to service their humongous debt. Yet, impossible as it seems, the country will not go bankrupt, technically.
A person, company or other legal entity, is insolvent when they do not have sufficient assets to meet their obligations as and when they fall due and are liable to be sued for bankruptcy.
In the case of a country, it is different. A country can go bankrupt under two situations - when the debts are in foreign currencies, and when it has no monetary sovereignty. An insolvent country would have run out of reserves to acquire the foreign currencies to pay for public debt and thus go bankrupt. Monetary sovereignty means the capability to manage its own monetary policies. Without the legal right to manage the value of its own currency, the country cannot respond with the appropriate monetary policies. Countries in a monetary union have no monetary sovereignty. The countries in the European Union surrendered their monetary policies to the European Central Bank. In their national debt crisis of 2007, Greece had to accept the severe austerity measures imposed by the EU central bank and suffered greatly.
A country that has monetary sovereignty and public debts in its own currency, can never go bankrupt. It simply prints more money to pay off its debt. If the country runs out of reserves, the central bank simply monetises the debt by crediting the receiving banker's reserve account in settlement. It's as simple as that.
Monetising the national debts of course has its problems. The massive liquidity caused by the excessive money printing guarantees inflation and currency depreciation. Inflation means decreased purchasing power, or loss of wealth. The central bank monetising the debt means it is the public that ultimately pays for it via inflation. But the country is technically never bankrupt.
ReplyDeleteIn the case of the US, their national debt is all in US$ in the form of government securities - bonds and treasury bills. If China's holdings of US$1.05T were to mature and they present if for redemption, the Federal Reserve will simply monetise it by crediting the Bank of China's (the Chinese central bank) account in settlement.
The US is unique in being the only country in the world without a central bank. The Federal Reserve is not a government agency. It is a private enterprise created by the Federal Reserve Bank Act, owned by member banks, and tasked with maintaining full employment and price stability for the country. The US government itself (Treasury Dept) does not create any money. The government takes on debt for its spending needs by issuing bonds or treasury bills. The national debt piles up because in its history, the US government has never made any repayment. Maturing securities are simply rolled over - they are redeemed by the proceeds of fresh issues. The printing of US$ is by the Federal Reserve in their Quantitative Easing when they purchase government securities and pay for it by crediting the selling banker's reserve account in settlement, thus throwing more money into the market to stimulate the economy.
The practice of rolling over matured securities can go on as long as there are demand for new issues. We are in an era where confidence in the US and its currency is at an all time low and efforts at marginalising the dollar is in play. The time will come when demand diminishes and maturing securities need to be repaid. The Fed will have to monetise maturing securities, causing inflation and a problem of how to resolve the indebtedness with the Treasury. When the Fed monetises the debt, the Treasury's obligation transfers from the security holders to the Fed. This is virgin territory, never legislated, but trust the Fed to provide some creative accounting solution to resolve the indebtedness between them and accounting in its ledger and that of the Treasury.
From the way the US system has been devised, it is quite ingenious that it was aimed at deceiving the rest of the World.
ReplyDeleteQuestions arising therefrom:
1. Why is it that the US is the only country without a Central Bank?
2. Why is the Federal Reserve, created by the Federal Reserve Bank Act, a private entity that has been tasked to regulate government functions - full employment and price stability?
3. Why is the US government not creating any money, yet it can print any amount of money to flood the World, with useless fiat moneys?
Those three questions clearly show that the non-system system has ben created to cheat/deceive the whole World.
As such, the US system is, right from the very beginning, Evil on all counts! Period.
A time will come when every country, shop, retailer will say, No US$, not accepted.
ReplyDeleteThis is what the New World Order is working towards, why worked so hard, dug out resources, produced goods to exchange for a piece of worthless paper?
US$ will become banana currency of the Japanese Occupation, everyone carrying a big basket or suitcase of US$, to go marketing.
US$ will still be accepted in some places. One banana US$2,000. One bottle of coke US$10,000.
ReplyDeleteAll the while they never mention money printing as the factor causing their inflation.
ReplyDeleteThe obvious fact that demand for US$ is diminishing means all the inflationary pressures caused by excessive money printing now remains largely in the USA and not exported. This has been apparent from the trade deals made by big countries like China, Russia, Iran and many others in their own currencies. When they do not need so much US$ to do their trade, especially in energy, the demand for US$ is obviously going to be affected.
Now, raising interest rates, removing tariffs and trying to extract more oil from Middle East is not going to solve the inflation problem. It goes far beyond that and is the culmination of years of massive money printing to prop up the economy using low interest rates to fuel demand. Now, the chickens has come home to roost. Any other country doing what the USA did with money printing would long have gone down the sewers. The US$ hegemony has given the USA the privilege of enjoying that position for decades, but it is ending very badly for them.
We are just at the top of the slope. Prepare for the rough ride ahead.
The Americans thought they are so powerful and no country could destroy them.
ReplyDeleteThe thing is...they will self destruct. All the problems facing the Americans today are created by themselves. The most silly and most destructive problem, clear and present danger, is their reckless adventure in Ukraine to want to destroy Russia but ended up exposing their own backside to be screwed by everyone.
The most silly of this adventure is that the European countries volunteered to die first, to destroy themselves first, without protesting or too weak and meek to protest.
UK Prime Minister Boris Johnson was reportedly so infatuated with French President Emmanuel Macron’s idea of a “European Political Community” encompassing not only the EU but Eastern Europe – particularly Ukraine – and the UK that he has claimed it as his own idea and framed it as a modern take on the Roman Empire, the Financial Times reported on Wednesday.
ReplyDeleteJohnson’s modern Imperium would stretch from the UK to the Maghreb region of northern Africa and eastward to Turkey and Ukraine,...
The dumb Boris talking about rebuilding a Roman Empire. And he thinks it is a right thing to do, to conquer and rule the whole of Europe. White savages aggression is taken for granted and accepted. No media would call this aggressive ambition.
Finally I see a Japanese ninja in the photo
ReplyDelete