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Philo and Sophia

Debt - The Elephant In the G20 Room


by Ian R Thorpe.

Forget the trouble in Syria or the brewing global conflict, the real problem still, the one all globalist politicians and New World Order financiers are trying to gloss over is debt. And it is gretting worse. Like as frog on boiling water the population are being lulled into an illusion of security so we will all be complicit in our enslavement. It is time to wake up.

Debt - The Elephant In the G20 Meeting Room

by John de Roe

[an error occurred while processing this directive] RELATED POSTS:

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The Folly Of Trying To Inflate Away DebtAs the debt crisis grinds on and the creit crunch mutates into the credit famine the clueless politicians and even more clueless economists and academics who advise them can only think of one course of action. That is to inflate away their debt problem by devaluing currency to the extent at whic a bag of potatoes or wheat grain costs $£€ 1 trillion. Inflation is the cruellest tax, destroying the savings and pensions of sensible people and rewarding irresponsibility.
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California: The Global Capital Of CrazyCalifornia has long been known as the global capital of crazy. Every stupid, solipsistic, acid dropping, dope smoking dickhead in the world is welcome there and every bad idea will find an enthusiastic following. California's economy depends on high tech industries. And yet people are prepared to put money into promoting a return to pre - steam, eco friendly technologies. ...

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The debt threat to civilisationJapan's Triple A credit rating has just been downgraded, that of the USA is looking a long way short of secure.What is going on in the world of finance when economic powerhouses like these are in trouble? Is the continuing financial criis and the threatened meltdown in the bond market just a knock on effect from 2008's problems or is something bigger going on?
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EU Leader Gives Germany An Ultimaturm: Act Now To Save The Euro
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Germany Rebels German taxpayers have rebelled against bail outs for basket case nations. Will Frau Merkel dump the Euro or will her government coalition fall? "
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Getting Naked In The Financial Markets
If you've heard of hedge funds and toxic debt you might well think these are the most evil manifestations of the financial markets that plunged our economy into the abyss. Unfortunately there are far more fearsome demons, arbitrage, short selling and naked short selling. Anyine wanting to know how insane pertsonal gred has made the people who are supposed to prudently invest our savings and pension fund money in currency, bond, commodities, stocks or any other financial market this is a must read.
Inflation TaxInflation is the cruellest tax, it hits the cautious, prudent and hard working, rewards the feckless, reckless and downright foolish. We have a bout of inflation under way, engineered by governments to reduce their unsdustainable levels of debt incurred in the business of buying otes to stay in power. What will be its effect on ordinary people?
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Financial AlchemyFor three decades it was alchemy. Banks and corporations pullede off the equivalent of turning lead to gold by turning liabilities to assets and then using those very dodgy assets to secure loans. It could not last of course, sooner or later someone was bound to work out how the illusion of turning debt to wealth was performed. Find out how here...
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The Arrogance Of Ecomonists And The Stupidity Of PoliticiansDon't you just love the arrogance of economists and their detatchment from anything remotely resembling reality. They're all scum sucking crackfarts, they really are. Little Nicky Machiavelli has said this many times and here's a mainstream journalist taking up the theme in response to an economics academic who says that anyone who does not have a PhD in economics should not be allowed to express an opinion on the subject as only...
even as Labour splits into tiny factions including the "old left" the traditional party of the working class, the people with traditional Labour values who recognise there are no magical solution, the "progressive left", the kind of people my colleague Ian Thorpe refers to as The Politically Correct Thought Police, who are currently working themselves into a frenzy about
When The Cutting BeginsAs the coalition settles into its new job and the words of former chief treasury secretary Liam Byrne, 'There is no money left' reverbrate how will the new team set about reducing the deficit and mountian of debt, creating jobs and sorting out the financial mess left by Labour?
No Real Jobs In The New EconomyGordon Brown's Labour government and the failing Obama administration in the USA, feeling power slipping through their fingers, are trying to lull people into a false sense of security with claims the 'green' and the 'digital' economies will restore prosperity. This as a blatant lie, nobody needs a PhD in economics or Social Science to understand that the "new economy" of green businesses and digital commerce will destroy not create real jobs...
The Real Unemployment FigureNew unemployment figures released yesterday show unemployment fell by 0.1% in the three months December to FebruarY. Contained in the figures was a statistic that undermines government talk of an economic upturn. This is the number of people in work. Headline unemployment has fallen the number of people in work has also fallen. What's going on?
Bond Villain Targets Britain's Future by John De Roe.Bill Gross, the world's biggest bond investor might have voted for Obama hnd has some sympathy for Labour because they talk of creating jobs, but he thinks the British economy is in worse shape than anyone is going to admit and is quite willing to take advantage of our vulnerability."
The Jobless EconomyPoliticians, economists and others with an interest in talking up the economy to get us all spending and taking on debt and mortgage loans again may rave about recovery. With our industrial base so depleted where will the jobs come from that we need to lead a recovery?" They may call it fiscal prudence, we call it loonytoons economics...
Interesting Times - Which Way Will The Global Economic Crisis Go In 2010?Which way will the economic crisis go in 2010? Cracks are apearing in the Europen Single Currency scheme and China which has massive holdings of US treasury bonds is making unhappy noises about the dececits being run up by the Obama administration as they pursue loonytoons economic policies...
Chancellor Darling's PBR Cancels Christmas And The FutureBoth the USA and Britain are in a debt crisis that dwarfs the catastrophe of climate change. Other developed nations are crippled by debt and their Public Sector Borrowing Requirement but not completely hamstrung yet. Read how government borrowing by means of selling bonds to finance out of control public spendingis dragging us into the abyss.
The Dollar Is Sinking - Man The LifeboatsAs The Daily Stirrer predicted recently the position of the $US is under attack. Last week a sustained slide in the value of the currency was halted by the smaller Pacific Tiger economies, Singapore, Malaysia, Hong Kong buying up Dollars that were flooding the markets. So whay is going on and how will it end?
by Ed Butt: 25 October 2009
The Economy Of The Living DeadThough governments talk about recovery we are stuck in the economy of the livind dead, the global financial system as become a zombie. Is there any way out?
CREATIVE COMMONS: Attribute, non commercial, no derivs.
KEYWORDS: euro, europe, single, european,currency, finance, economics, economic, debt, inflation, germany, mexico, g20, IMF, bailout, britain, france, libya, daily stirrer, ian thorpe, ianrthorpe

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A Message For Nanny State
Nanny State is on the warpath, admonishing finger wagging furiously, lips compressed into a thin line, she is launching another determined effort to make sure we are all too scared to think for ourselves or make our own choices, Nanny is now warning, with the usual threats of early and painful death is we disobey, that we should ...

German Handelsblatt Releases Stunning Anti-West Op-Ed, Asks If West Rabble-Rousers Are On The Payroll Of The KGB
Up until this point in the Obama Administrations attempt to recreate events leading up to World War One, Angela Merkel and German media in general, had been firmly on the side of the west when it comes to dealing with Russia, Putin and realpolitik in broader terms. That changed dramatically today when Gabor Steingart, the chief editor of Handelsblatt, Germany's leading economic newspaper, came out with a stunning op-ed, in German, English and Russian, titled simply that "The West on the wrong path"

MH17: More evidence points to Kiev / Washington False Flag
Last week Little Nicky relayed reports (yes, relayed; in spite of what some authoritarians would have you believe, I don't make this stuff up, it's all reported) accounts of two German aviation experts who testified that their examination of photographs showing wreckage from around the cockpit area of the Malaysia Airlines Boeing 777 shot down over Ukraine were consistent with heavy calibre machine gun fire, which suggested the plane had been shot down by ...

Scots Wha Hae When Wallace Bled - A Boggart's view of Scottish Independence.
The Scottish Independence debate has failed so far to fire passions north of the border. Most Scots seem to be seeking evidence that Scotland will be no worse off as an independent nation, or is and will continue to be better off as part of the UK. Nobody in either London or Edinburgh is able to give a straight answer however. Her's our contribution ...

How Politically Correct Thinking Leads Into A Moral Maze
Being a leftie can be hard work however, with so many of the causes they must embrace being in direct opposition to other favoured causes, lefties encounter a lot of moral dilemmas. So being a believer in all -isms, the kind of idiot who equates calls for immigration controls with South African Apartheid or Stalinist genocide and is quite sure that equality means members of favoured minorities should be given me the privileged status of an elite class, can get hairy at times.

Another Obama Sponsored Genocide - not Alawi or Christians In Syria but Yazidi in Iraq.
While the west has been distracted by events in Gaza and Ukraine, and the neo - fascist 'left' have suddenly discovered the joys of anti Russianism and anti Semitism, the FUKUS axis sponsored genocidists of ISIS have discovered another inoffensive minority to exterminate now that the Syriac Christians have fled.

Neo - fascist Left's Idiotic Obsession With Racism Becoming More Insane
I don't know how many of you have noticed but the wailing and gnashing of teeth from the politically correct left over imaginary racism has become fr moire irrational and hysterical since the success of UKIP the the European Parliament elections back in May. The latest entirely innocent thing to be the target of racism accusations from the insane left is BBC Radio's sedate gardening programme Gardeners World. How have the cucumers and compost brigade upset the loony left?

Fear and Panic and Ebola Fever
The latest attempt to justify war has been the shooting down of Malaysia Airlines flight MH17 over Ukraine allegely by pro Russia separatists with support from The Kremlin. So far the 'compelling evidence' the American government claimed to possess has not been revealed but such evidence as has been seen points to another false flag even. Remember the Swine Flu pandemic?They're doing it again with Ebola fever, ramping up the scare factor and trying to spread enough fear and panic to justify suspending democratic rule by pretending this disease could potentially kill most of us.

Afrophilia and the reality of western ambitions in Africa
One of the dogmas of this politically correct cult of knee jerking, lockstep marching, wisdom-of-the-crowd chanting flock of Sheeple is that we must love Africa. Dark skin good, pale skin bad is the mantra. That the sheeple are nothing more than gullible dupes and useful idiots to the faceless men and women who really lead us is shown by the contrast between the mass Afrophilia of the flock and the way the controllers see Africa.

FUKUS axis imposes sanctions, Russian Oligarchs Shrug
So far in the Libyan crisis, the Syria crisis, the Iraq crisis and the Ukraine crisis, Obama and the European leaders have made a lot of noise and imposed a lot of meaningless sanctions (like confiscating the bus passes of retired Russian gengsters living in the west. And the Russians have just quietly got on with doing what they were doing.

What are US biowar researchers doing in the Ebola zone?
What are US biowar researchers doing in the Ebola zone? That is a question being asked around the cyberosphere as the Ebola outbreak in Africa continues to spread and alarm grows in the western nations. The Tulane University researchers [and colleagues] in the US biowarfare research community, have been operating in West Africa for some time. What exactly have they been doing? Exactly what diagnostic tests have they been performing on citizens of Sierra Leone?

Mass Immigration Means Failing Hospitals, Schools And Overcrowded Cities
Another shock for the left as think tank Civitas reports that mass immigration causes enormous social and economic problems while the 'benefits' to society the left bang on about are very marginal. The left's real agenda of course is the genocide of the fair skinned races. As most of these stupid lefties are white Europeans or Americans this is a perfect illustation of how stupid and self important they are, How does that old joke go about turkeys voting for Christmas?

Pandemonium: UKIP Taken Over By Fiends From Hell?
UKIP are at risk of being engulfed in another "ism" scandal as Jake Baynes, prospective parliamentary candidate for Wells has resigned his candiacy and party offices, claiming the constituency party has been taken over by "Occultists"

Ukraine Government Fires Missiles At Rebel Held Targets Leaders in Washington, London, Paris and Brussels continue to pump out the propaganda against Russia as they try to provoke a war over the alleged shooting down of Malaysia Airlines Flight MH17 over Ukraine by separatist rebels supported by Russia. But in spite of claims by Obama and Kerry that the US have evidence that proves it was the rebels wot done it, the more evidence we see, the more likely it looks that the Ukrain government in Kiew was responsible.

America's GDP Surges 4% in Quarter 2 - Jonathan Creek Shows How The Trick Is Done
This morning the US Bureau of Economic Analysis, an agency of the Commerce department revealed Q2 GDP statistics which blew made nonesense of estimates, showing year on year growth for the second quarter at 4.0%. This was explained as the result of a surge in Inventories and Fixed Investment, while exports added only 1.23% to the GDP number. The full breakdown by component is shown below.

Why Do The 'Progressive Left' Support Those Who Use Rape As A Weapon Of War
Rape as a weapon of war and genocide is not a pleasant subject but it is one that needs to be raise, like the issue of Female Genital Mutilation. Why visit such unpleasant topics? To expose the hypocrisy of the modern political left who have more in common with Hitler's Nazis, Mussolini's Fascist or Stalin's brutal Soviet regime that the supporters of traditional left wing values of individual freedom, free speech and equality before the law.

Why Do The 'Progressive Left' Support Those Who Use Rape As A Weapon Of War

Rape as a weapon of war and genocide is not a pleasant subject but it is one that needs to be raise, like the issue of Female Genital Mutilation. Why visit such unpleasant topics? To expose the hypocrisy of the modern political left who have more in common with Hitler's Nazis, Mussolini's Fascist or Stalin's brutal Soviet regime ...

FUKUS axis imposes sanctions, Russian Oligarchs Shrug
You have probably read a torrent of arse dribble in mainstream media about "Russia is becoming increasingly isolated" It's a meme that political leaders in the FUKUS axis, EU and NATO would like us to believe. It isn't quite the whole story however.

Sensational Break From Official Lies - German Aviation Expert Says MH17 Brought Down By Air To Air Missile
The shooting down of Malaysia Airlines flight MH17 over Ukraine has triggered a war of words between the USA / FUKUS axis and Russia as President Obama, without any clear evidence to support him, tried to blame Russia and use the outrage to justify a military intervention in Ukraine that would certainly start a major global conflict. So far Russia has stood its ground but refused to be provoked as evidence like that below has undermined the western narrative.

US wants WWIII because its big banks are insolvent: Henderson
An American author and columnist says the United States wants to start a third world war because most of its big banks are insolvent.
Dean Henderson with the Veterans Today made the remarks in a phone interview with Press TV on Monday as he commented on recent remarks made by White House Deputy National Security Advisor for Strategic Communications Ben Rhodes who said ...

Germany Axes Canada-EU Trade Agreement, This Will End TTIP Stitch Up Too
We are winning. Well today we are at least. News broke over the weekend that Germany intends to junk the Canada Europe Trade Agreement (CETA), a template for the much bigger and therefore more threatening to freedom and democratic rule Trans Atlantic Trade and Investment partnership (TTIP). So it looks as though the shockwave of the European Parlianment elections has awoken politicians to the anger of voters throughout Europe with the dicatatorial attitude of the EU.

Who shot down MH17? Black Box Data Reveals Nothing We Did Not Know
As the political and media war over responsibility for the shooting down of Malaysia Airlines flight MH17 continues, here's a chance to view a report put together by the BBC Russia news channel (In Russian with English subtitles). Strangely the Beeb have taken this report offline now. Make what you will of that. The video shows the handling of the Black Box flight recorders, which

Smart Homes Reveal User Behavior, Prone to Hacks:
Our Internet-driven world filled with interconnected smart gadgets and computing applications is making us vulnerable to potentially life-changing hacks and tracking. Not only are modern cars open to being hacked, but also boats, planes, and GPS-driven weapons.

Now Things Are Starting To Make Sense
It is now known that the uprising in Ukraine early this year that saw the elected government, which was cooperating far too well with Russia for the liking of the western powers overthrown and replaced by a US and EU sponsored gaggle of gangsters, thugs and neo - fascists whose task was to

Funny How A Few Days Good Weather Brings The Warmageddonists Out
Over the past few scorching hot days I have seen several members of the alomst defunct Warmageddonist society plugging their tired, discredited old "science" and trying to claim that mathematics proves that what is observably not happening is actually happening but only scientists are clever enough to understand that ... Hmm, is that so?

Military Veterans Opinion: Probably A Bomb That Took Down MH-17!
Funny how the left present themselves as the politics of peace and unity but are all out in support of Barack Obama's latest warmongering campaign in Ukraine following the downing of Malaysia Airlines flight MH17. I suppose the pacifists enthusiasm for World War Three proves George Orwell was right when he said War is Peace.

America's Dumbest Move Yet: Hijacking A Foreign Bank
The financial markets seem to be getting more volatile, with share prices and currency values fluctuating wildly on the slightest indication of good or bad news. But when central banks start hijacking other banks on the basis of very flimsy evidence from a pariah state, we should befinding somewhere safer for our money

UK Government Report Confirms Huge Abuse of EU Free Movement Rules
After scream of 'racists' and 'bigots' from the left when common sense users pointed out that mass immigration does not benefit the economy, nor is it fair to the people shiioped here having been promised a utopian existence only to find they are living in foul conditions, doing menial jobs, and being paid under minimum wage and exploited by unscrupulous bosses. , a report by civil servants confirms that the 'right wing extremists' was absolutely correct.

Malaysian Government and Opposition Call For MH17 Justice – Evidence Suggests Foul Play
Thanks to the sleazy political opportunism of Barack Hussein Obama and his bum boy David Cameron the tragedy of Malaysia Airlines flight MH17 has been turned into a circus as the outrageous accusations (based on zero evidence, the USA told reporters to look on Facebook if they wanted proof the Ukrain pro Russia separatists did it) have spawned increasingly crazy conspiracy theories.

Poor white pupils put off school by multicultural timetable
Education, should it be about learning to read, write, spell and calculate? Or should it be about feminism, gay rights, black history and 'gender awareness' whatever that is? For many years we have had multiculturalism and politically correct thinking rammed doiwn pupils throats but noe a study by a local education department suggests this obsession with politicallly corret diversity is responsible for the failure of white working class pupils.

Israel maybe guilty of war crimes – UN Human Rights Chief(This could be the understatement of the millennium)
Israel maybe committing war crimes in Gaza, the UN High Commissioner for Human Rights says. Speaking in Geneva, Navi Pillay said house demolitions and the killing of children raise the "strong possibility" that Israel is violating international law. Opening an emergency debate at the UN Human Rights Council in Geneva, she citied cases of Israeli air strikes and shelling hitting ...

Malaysia Airlines Flight MH17 - Nothing is ever what it seems to be
Nothing is ever what it seems to be, I learned that doing top level consultancy contracts for government departments. Deception is the name of the game. So what of Flight MH17, certainly the plane was shot down and our sympathies are with the families of the dead. But the game of finger pointing that followed was not about justice but political opportunism. And by playing a waiting game the Russsians are winning again.

US State Dept. Annoyed at Press Questioning MH17 Narrative Spokeswoman Angrily Refers Press to Social Media for 'Proof'
The Obama Administration continues to reiterate its narrative on what happened to Malaysia Airlines flight MH17 with more certainty (and often different details) every day, but there is a stark lack of evidence, beyond a handful of “authenticity could not be verified” images floating around on social media. With Russia denying the allegations, the US must have some really damning evidence to be so certain, right? Just so, insists the State Department, just don’t ask them to show any of it.

Obama Goes Full - On Nazi: with Europe, and it’s headlined on July 18th, “US Accused of Forcing EU to Accept Tar Sands Oil Trade
The secret negotiations around the 'New World Order' free trade treaties, TPP and TTIP that will strip democratically elected governments of sovereign power lumber on. There are positive signs however that the world is waking up to the neo Nazi nature of these sleazy so - called trade treaties cooked up by the Obama Andministration and some of the biggest and most evil corporate businesses in the world.

Diversity' Does Not Mean Quotas. Why Do The Left Have To Rewrite The Dictionary.
One might think, given the amount of screaming and shouting about diversity we hear from the left, they might take a little time to find out what it really means and stop applying their superficial and shallow meaning to it. The left however are hupocrites which is why they can claim to have a monopoly on truth and goodness while embracing the tactics of fascism in silencing opposition. Thus they have no problem reducing 'diversity' to a question of skin colour or sexual preference while insisting only one shade of opinion is acceptable.

What The Media Is Not Writing About Flight MH17
Only hours after the tragic downing of Malaysian Airlines flight MH17 over eastern Ukraine, Western politicians, led by the dickhead in chief Barack Hussein Obama were jumping up and down screaming "It was Russia wot done it." The sycophants in mainstream media were quick to join in, stating that ...

Whatever War Crimes Obama Accuses Russia Of You Can Bet America Has done It First.

World policitical leaders and media sycophants are lining up to condemn Russia for the dowing on Malaysia Airlines Flight MH17 over Ukraine. Here are a few snippets from our coverage: