Subj : Re: Great Replacement The To : Kaelon From : Andeddu Date : Thu Jul 07 2022 14:19:56 Re: Re: Great Replacement The By: Kaelon to Arelor on Mon Jul 04 2022 11:58 am > I agree that the economic picture is dire, but I don't think one can solely > attribute it to Russia's invasion of Ukraine. The global supply chain > remains (irretrievably, according to many economists) broken on the other > side of the Pandemic (which, let's face it, is not yet really over, despite > everyone's best wishes). Governments printing money have created the second > serious blow with radicalized inflation that is truly "cracking" the > socioeconomic classes and pushing us well past the Gilded Age in terms of > the gulf between haves-and-have-nots. Russia's invasion is partly > responsible for a disruption in the global grain supply, but it has also > galvanized both Europe and NATO as a whole by shaking it out of its delusion > of a "post-war" world order. The quantitative easing that the goverment carried out back in 2020 when they decided that almost 100% of the population would become "public workers" has finally trickled down through all the asset classes to its final resting place in consumer goods. This is why I laughed when the FED were calling the inflation transitory as there was never anything transitory about it. They were lying to us all along because the alternative would have been an earlier recession which the Trump administaration would have tried to avoid at all costs. This Ukraine war is a convenient scapegoat for our economic woes. > Very true. There are deep systemic institutional problems in the European > Union. But the speed with which France, Germany, and much of the EU's core > countries have lept to move away from Russian gas and towards > self-sustainability, not to mention radical investment in their own > militaries, reflects a deep disquiet with Russia's invasion. > > Furthermore, Russia has demonstrated itself to being a paper tiger. Its > military failures are so vast that any outright "outlasting" of Europe will > come at tremendous cost and certainly lead to its general collapse. China, > on the other hand, is quite another story. Europe scantioned itself by refusing to purchase oil and gas with Rubles. The public will remember that this winter when energy becomes unaffordable and people have to choose between heating or eating. Heck, there's even discourse regarding rolling blackouts during peak hours. China are sitting pretty right now and have already made it known that they are sympathetic towards the Russians... The West is not in a good position seeing as almost all manufacturing and production comes from The East. --- þ Synchronet þ BBS for Amstrad computer users including CPC, PPC and PCW! .