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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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Things That Make You Boggle ... Like The Misplaced Confidence Of Academics
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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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Why hasn’t quantitative easing worked for the UK economy?Ministers of the Coalition government have waxed lyrical about how the UK economy would avoid another recession and start to grow this year, or at least stagnate. But according to the Organisation for Economic Cooperation and Development (OECD) we are going to enter another recession on April’s Fool Day. The Daily Stirrer told you this was inevitable of course.How the government get it as wrong as their ...
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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Greece Burns As Parliament Chooses EU bailout over democracy.
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Old Wounds Fester As Cameron Warns Of New Crisis
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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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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?
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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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Updated : Mon, 26 Jan 2015 11:20:11 GMT

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Publ.Date : Sun, 25 Jan 2015 18:28:49 -0500


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No doubt our leaders and the media will condemn the backlash from ordinary French people to the Charlie Hebdo massacre. Random attacks on decent Muslims are wrong. but how long do the elites expect us to keep showing tolerance when they have done nothing about a long standing problem.

The Debt Ponzi Deconstructed
Most of us are familiar with the concept of GDP as a measure of economic health. If GDP increases, the myth goes, then the economy has grown. It is a measure of how effectively or efficiently we are utilizing our assets to generate wealth. The idea is that the more I invest the more notional returns I can generate. Unfortunately GDP is a false economic measure, it only measures the rate at which money churns around the economic system.

In The War On Terror, Freedom Is Not Winning While we would like to write about more positive things, protecting democracy and free speech, guiding people towards healthy lifestyles, how we the punters can save the planet (especially from the idiocies of the Warmageddonist lobby) and so on, we find far too much of our time is spent trying to get the truth about important issues in front of readers. Mainstream media has abandoned news reporting in favour of simply repeating government and corporate propaganda. Terrorism is one issue on which you will only finds out facts from new media.

Why Iceland Recovery Is Being Ignored In Mainstream News
Iceland is a small country with less that half a million people so is not a good comparison with Britain. It's recovery from near bankruptcy in the wake of the 2008 financial crisis however is due to the rejection of politically correct, globalist politics so in that light it serves to illustrate that to suggest Britain (60 million people) cannot survive outside the EU is just globalist scaremongering.

Boggart Blog brings you Gogglebox special on the past two days television
Mainstream media may dive for cover or publish appeasing articles saying what very nive people Muslim fundamentalists are, following the massacre of French magazine Charlie Hebdo staff. Boggart Blog, fearless as ever, carries on taking the piss however.

The Robotification Of Human Society Is being Implemented
Are you ready to surrender your humanity to science, accept having computer chips implanted in your skull that will link your brain to the internet (via a Google server) and let your life be controlled by machines? That's what The Controllers are planning for you ...

Gogglebox on the Charlie Hebdo atrocity
Mainstream media has lost even more cribility because editors were afraid to publlish the Charlie Hebdo cartoons that are thought to have provoked the attack. boggart Blog, fearless as ever, has run them, along with our own cartoon on the topic.

Liberal Says We Shouldn’t Prosecute Sexual Predators… if They are Black.
There are plenty of examples of the depths of stupidity to which 'liberals' or supporters of 'the progressive left' will stooop in order to curry favout from members of the darker skinned races, but few are as staggeringly idiot as this one.

The Strange Case Of The Footballer And The Witch Hunt.
In 2011 Sheffied United footballer Ched Evans was jailed for rape, a crime he has always insisted he did not commit. Now Evans is out, having served only helf his sentence. The left wing hate mob, the feminists and their testosterone hating gay fellow travellers are determined the player should be thrown to the dogs. but when you read the facts of the case not reported in mainstream media, the conviction starts to look very unsafe.

Merkel Agrees That Immigrants Abuse EU Welfare Systems
In a surprise statement German Chancellor Angela Merkel has agreed with Prime minister David Cameron that there is an urgent need to address the “abuses” of Britain’s benefits system by immigrants. It was the first time Chancellor Merkel publicly offered any support to the Prime Minister’s bid to reform the EU welfare system.

The Euro Is Closer To Collapse Than Anyone Cares To Admit.
A victory for the anti EU Syriza Party in the Greek elections later this month would lead to a Greek default on its massive sovereign debts. This in turn would mean Greece would have to quit the EU. And that would have massive repercussions for the major European economies and probably precipitate a global economic crisis (like the ongoing global depression isn't enough). It is going to be interesting to watch this one play out.

EU Challlenges Turkey On human Traffickers
The European Union has asked the Turkish government to explain how human traffickers could have taken two cargo ships filled with migrants out of the Turkish ports and sailed into European waters without the authorities notifying Greek and Italian marine authorities or even being aware. A spokeswoman for the European Commission, Natasha Bertaud said on Tuesday that “given what has happened in recent days with the two ships, we wanted to clarify things with the Turkish authorities.

Russia Propositions Europe: Dump The US$ And I'll Show You My Eurasian Economic Union
The wheels of bureaucracy turn slowly but they grind exceedingly fine, goes an old business maxim. It seems the slow turning of the E U's bureaucratic wheels is bringing Brussels round to understanding that as a result of the western economic and financial sactions on Russian, it is the European Union member nations and the EU itself that is being hit hardest...

America's Food And Drug Administration U Turn On Daily Asprin
For years many of us, particularly males over 50 have been badgered by our doctors and by government propaganda to take a daily does of asprin to prevent cardio vascular disease. senior health bureaucrats have even lobbied for laws mandating daily asprin.

the Sex Offenders Granted Licences to Drive Taxis in Manchester
A notable feature of the child sex abuse scandals in several boroughs of Greater Manchester, in Rotherham and Sheffied. south Yorkshire and in Birmingham, Oxford and numerous other large town and cities around the UK which have significant immigrant communities is the number of cases which centre on the premises of Taxi firms. The public have a right to expect that people being granted licences to work as taxi drivers would be vetted ...

New ‘Monsanto Law’ in Africa Would Force GMOs on Farmers

As we in the west draw up battle lines in the fight against the anything-but-free trade treaties being pushed by the Coroporate-owned Obama administration in the USA, it seems new wars are breaking out elswhere as national sovereignty and culture confronts the US led corporate power grab.

A notable feature of the child sex abuse scandals in several boroughs of Greater Manchester, in Rotherham and Sheffied. south Yorkshire and in Birmingham, Oxford and numerous other large town and cities around the UK which have significant immigrant communities is the number of cases which centre on the premises of Taxi firms. The public have a right to expect that people being granted licences to work as taxi drivers would be vetted,

2015 Will Be The Story Of China, Russia, Iran and The Petrodollar
If recent events are anything to go by, 2015 is set to be another year of 'interesting times' as China, Russia and Iran square up against the American bid for global hegemony and continue their efforts to see the US dollar dumped as the global reserve currency and the oil trading system known as The Petrodollar replaced by bilateral trades being settled in the currency of the vendor nation.

Greens Will Not Become UKIP of the Left By Talking Bollocks
A lot of people who are sick of politics as usual and aren't bright enough to see that UKIP are the only party with any chance of upsetting the politics as usual bandwagon in 2015 are hoping The Greens are poised to become the UKIP of the left. Well they're not if they carry on like this:

Labour Elite Thinks Northerners Are Thick - I Told You So
A strong feeling is starting to emerge that whatever the Labour leadeship does, the party is not going to win May's election. In spite of the unpopularity of the Conservative led coalition, the idea is taking hold that Labour is no longer the party of the working class, instead they represent professionals and academics and are thus an elitist movement.

German Chancellor Lashes Out at Anti-Islamification Marches as Support Grows
As the tide of anti - Islamic feeling grows among the German working class has gained huge momentum since the day in October 2014 when in the city of Dresden two hundred 'like minded people' gathered to launch PEDIGA (Patriotic Europeans Against the Islamisation of Europe), a movement to defend the nationality and culture of European nations and regions.

Floating Debris Is From Missing Air Asia Jet - Or Is It
As a wave of comment on internet news suites about the similarities between the disappearance of an AirAsia Airbus, flight QZ8501 on a routine trip from Jave to singapore and the equally inexplicable disappearance of Malaysia Airlines flight MH370 in the same area en route from Kuala Lumpur nine months ago, it was quite predictable that while there remains no trace of MH370, this time floating debrius and bodies have been found at the alleged crasah site.

Missing Aircraft: Does This Ring Any Bells Another airliner carrying a large number of civilian passengers has gone missing in the area between Indonesia and Malaysia. Here is what is known so far from the news feeds. As you read it, make a not of how far you get before the bells start ringing.

As Italy's poor struggle to come t o terms with a lack of job prospects and the challenges of a globalized world, some are blaming asylum-seekers.
We have reported on immigration related problems in Britain, France, Germany, Denmark, Germany and Sweden. Now it is Italy's turn. Obviously mass immigration is seen as a problem all around Europle. So why do the elite and their bourgeois sycophants insist it isn't?

Rape Horror In Swedish Muslim Ghetto
A story we found on a Danish television news channel relate to a particularly horrific sexual assault that took place on 19 June near. A group of Muslim men gang-raped the girl while one, who has not been identified, put a gun to her face and threatened to kill her if she did not stop screaming.

Influential Germans Appeal Against Another War In Europe
While the mainstream media has been obsessing about the collapse in oil prices and celebrating the problems of Vladimir Putin's regime in Russia, and fanciful economic pundits have been burbling about all time high stock markets a group of prominent Germans are less concerned about mainstream sensationalism than by something that poses a much bigger threat to the immeditate future of Europe: the threat of the Obama administration pushing us into a war with Russia.

Will 2014 Go Down As The Year Propaganda Replaced Information?
Those of us who pay attention will have noticed that 2014 has topped all others for the manout of spin and propaganda spread by mainstream news organisations and government departments but also news took on a new aspect. Evidence and facts were replaced by whatever fantasy served the US and EU leadership and their corporate paymasters. Scary.

Death Of Democracy: Why We Can’t Get The Government We Deserve And Vote For.
In every election campaign, in the UK, USA, Canada, Germany, France etc. politicians spout about delivering 'change'. And yet every government we elect, no matter what label they wear or what coulour the use on campaign materials, seems just the same as the last, making the same promises and mistakes. Ever wondered why?

Secret WTO Trade Deal Leaked - Threatens Internet Freedom, E - Commerce, Free Speech

This story is about another nasty little deal corporate business has been cooking up with Washington and The United Nations and with the full complicity of mainstream media. This one threatens you internet freedom, privacy and free speech, is totally biased towards corporate power and profit and like the TTIP and TPP it is supprted by leaders of the USA and EU.

Eight Subjects That Ought To Be Part Of The Manadtory Curriculum For Basic Education?
Should subjects like meditation and gardening be part of the school currriculum? Or as one high school in Massachusetts, USA, seems to believe, classes in analyzing conspiracy theories (if taught properly this could help students distinguish between a true conspiracy theory, a fantasy and what is legitimate questioning of official propaganda. The embedded article from Collective Evolution presents some interesting ideas.

China Stumps Up To Help Beleagured Russian Economy As predicted in The Daily Stirrer Currency Wars page, China was never going to stand aside and let the American and Arabs governments trash the economy of its ally Russia. We knew this because several of our writers, chiefly economics expert Phil T Looker has contributed on the orchestrated attempt by Russia, China and Iran to see the US dollar replaced as the global reserve currency (the petrodollar).

Don’t believe American lies about Russia
What we are seeing in western media about the currency and oil price war being waged against Russia by the Obama administration in America is not only a very subjective version of events being presented by Washington spin doctors, it ignores the fact that though the USA and EU may have imposed sanctions on Russia, China, India, Iran, Turkey, all African and south American nations and most of south east Asia are still doing business with Moscow.

Another Montauk Monster? Mystery Creature Washes Up On California Beach.
No matter how much the science tits and worshippers of reason, logic and order may hate it, the world had a habit of regularly throwing up mysteries for which there is no simple, logical explanation, for instance, several carcasses of as strange creature that looks to be a dog / seal mongrel have washed up on American beaches in the last few years. WTF is it? That's a question for the people who look after The X Files.

Establishment Closed Ranks When Police Investigations Into Child Sex Abuse Allegations Closed In
Latest development in the cover up of allegations that politicians, lawyers, and celebrities were involved in systematic child sexual abuse groups, police officers have now claimed a series of covert police investigations into alleged VIP paedophiles were shut down as they went 'to the heart of the Establishment'.

UN says Ebola-hit nations at risk of hunger - Al Jazeera
United Nations officials have warned that up to one million people in West Africa are at risk of food shortgaes as nations affected by the Ebola outbreak find harvests reduced due to border closures, restrictions on and neglect of crops. The deadly virus has now killed 6,800 people and severely disrupted daily life in the worst-hit nations of Liberia, Guinea and Sierra Leone.

Christmas Message: Economic Recovery, Bah, Humbug While western government economists pump out propaganda about how economic recovery is steaming ahead (in the hope of persuading consumers to take on debt ad start spending in the befief that good times are just round the corner, and politicians wallow in schadenfreude because Russia looks to be suffering) our economics experts writes about what is realy happening and why oil pices have collapsed. It isn't pretty.

Google quits Spain in paid content row
] Spain's government have defied Google's vow to shut down its Spanish online news service rather than pay for content, [ ... ] The internet search giant threatened to close Google News Spain in December, 2014, before an intellectual property law enters force in January obliging Internet news scrapers to pay for content automatically lifted from other websites. Spain's culture ministry, said it would go ahead with the new law, Google's response is "a matter for the company".

Another Blow To The US Dollar Reserve Currency Status As Russia Sings Up Turkey, India
The move led by Russian and China to dump the US dollar as global reserve currency continues to gain momentum. Most recent nations to sign bilateral agreements to settle cross border transactions in the currency of the vendor are India and Turkey.

Docors, Scientists Greased by Big Pharma? Told You So.
The Physician Payments Sunshine Act, which was passed by the US Senate with the help of an extensive investigation led by Senator Charles Grassley (R-IA), provisions that doctors who receive payoffs from drug or vaccine companies must disclose this when pushing new therapies or medical procedures from what would otherwise appear to be unbiased intentions. (It happens in Europe too, see links in article)

French Goss Mag Outs Gay Politician, Sparks Privacy Row
Gossip magazine Closer has sparked a privacy row in France after it outed a homosexual senior member of France's right - wing National Front party. Closer published photos of the man with his male partner. Politicians and journalists have reacted angrily to whhat they call a gross breach of privacy.

TTIP Tries To Dump US Frankenfoods On Europe; Left and Right Unite To Back States' Right To Ban Them.
As public awareness increases of the way the secret trade deals that even our elected representatives are not allowed to know the terms of, the Trans Atlantic Trade And Investment Partnership (TTIP) and the Trans Pacofic Partnership will increase American global hegemony ...

A beginners Guide To Thinking For Yourself About Climate Change
Climate change has become a more fanatical and more dangerous religion that fundamentalist Christianity, Islam or Zionism. Its followers are prepared to destroy not just themselves but the entire human race and most life on earth before they will admit there is little substance in their dogmas, which are all based on 'evidence' from idols they call mathematical models, rather than on any real world evidence.

CO2 vs Temperature comparison over 400,000 years shows CO2 and warming are not linked
Scientists who are part of the 'Science Is Settled' mob are quite adamant that there is no room for discussion, that climate change is caused solely by marginally increased levels of the trace atmospheric gas Carbon Dioxide is proved beyond doubt. Unfortunately their 'proof' exists only in mathematical models, studies based on real world evidence constantly disagree

Even The BIS Is Shocked At How Broken Markets Have Become.
If the Bank of International Settlements (BIS) the bank where banks and governments do business is worried about the state of the markets, we are in bigger trouble than anyone is letting on.

Child sex abuse inquiry in crisis as victims walk away
Alleged victims of abuse involved in the historic abuse case currently being investigated by MPs and police have advised Home Secretary Theresa May, that they are ready to withdraw support from the Government's child sex inquiry. Twenty = three individuals, some of whom claim as children they suffered serious and prolonged abuse at the hands on senior Members of Parliament, Senior Civil servants and other high ranking figures in the public sector, sent Mrs May a letter claiming the inquiry is "not fit for purpose".

Obesity pill to ‘replace treadmill’ being developed by Harvard University
A magic pill which burns away excess body fat has been one of the wet dreams of mad scientists for decades. Such a pill is now being developed at Harvard University. Researchers claim it could one ‘replace the treadmill.’ (This is daft as we still need exercise to maintain a healthy heart, muscles and bones.

Everything The Science Whores Told You About Eating Fat Was A Lie.
We have been telling you so for years, but at last the world seems to be cathing up with The Daily Stirrer. Another independent study confirms that the scientists ('A sack of rogues bought and paid for with corporate gods' to paraphrase Burns) have been lying about the health risks of eating saturated fat. It's process vegetable fat, created in laboratories by scientists and other synthesized foods that damage human health.

What Would George Orwell Think Of The Screeching Left's Horror At Plans To Shrink The State. In part one of his classic social commentary, The Road To Wigan Pier, George Orwell wrote of the grinding poverty and appalling living conditions endured by people in industrial areas. The second part, which is more revevant to the 21st Century is a rant against the superiority of the upper class 'Fabian' socialists who have hijacked the Labour movement and whose Paternal Liberalism is in almost all ways more repugnant that the uncaring attitude of the old elite.

What Will It Take to Get You to Swallow GMO and Nanotech Foods?

Are you one of these "new technology rejecters"? Apparently you will be given such a label soon if you don't want GMOs or nanoparticles in your food, just as those who ask can the 1.6% contributed by human activity of the carbon dioxide that makes up 0.025% of the atmosphere really be the sole cause of the changes in our climate which has been constantly changing for millions of years before men first stood erect.

Evolution: Theory, Fact or Fiasco?
Much as I have faith in Charles Darwin's Theory Of Evolution as a feasible explanation of how diverse species originate (The Origin Of The Species) it annoys me when science fans insist "Evolution is not a theory, its a fact." Especially annoying of course is when they cite evolution to explain the origin of life on earth or the development of human intelligence. Even more annoying is their assumption that anyone questioning them is a young Earth creationist. Here are a few thoughts on some of evolution theory's inconsistencies ...

Why Food Sovereignty Should Not Be Handed To GMO Biotech Corporations
Most of the GM produce that is finding its way into the human food chain has been modified to make it resistant to herbicides (weed killer) and pesticides (insect killer) that are deadly to humans - just look at the warnings on a packet of garden weed killer or domestic fly spray if you want proof of that. And remember in bulk food production we are talking about industrial quantities of industrial strength toxins. Scientists on the corporate payroll assure us ...

Are Humans Becoming Extinct
some scientists, Guy McPherson included, down at the Climate Change conference who fear that climate disruption is so serious, with so many self-reinforcing feedback loops already in play, that humans are in the process of causing our own extinction.

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