Man On Fire

17 Apr 2024

 The Great Dispossession Part 3

'It is important to understand that The Great Reset means the re-institutionalization of feudalism.'

By Dr. Paul Craig Roberts: In Part 1, I explained that the next financial crisis will be bailed out not with central bank money creation but with our stocks, bonds and bank balances.

In Part 2, I explained the multi-year quiet regulatory changes that dispossessed us of our property.

In Part 3, I explain David Rogers Webb’s conclusion that a massive financial crisis is pending in which our financial assets are the collateral underwriting the derivative and financial bubble and will result in the loss of our assets but leave us with our debts as happened to those whose banks failed in the 1930s.

Webb begins with the economic formula that the velocity of circulation of money times the money supply equals nominal Gross Domestic Product. V x MS = GDP.

The velocity of circulation is a measure of how many times a dollar is spent during a given period of time, e.g., quarterly, annually. A high velocity means people quickly spend the money that comes into their hands. A low velocity means people tend to hold on to money.

Soft Guy Era: SHE Invited HIM Out To Eat, SHE Ate $320 And Wanted HIM To Pay The Full Bill? +

"Drizzle Drizzle!"

Ask An Older Man

Yanis Varoufakis Banned From Germany As Berlin Police Raid & Shut Down Palestinian Conference

Democracy Now!: As Germany intensifies its crackdown on pro-Palestinian voices, we speak with Greek economist and politician Yanis Varoufakis, one of the planned speakers at a conference in Berlin last weekend that was forcibly shut down by police. The Palestine Congress was scheduled to be held for three days, but police stormed the venue as the first panelist spoke. Germany's Interior Ministry had also banned some conference speakers from even entering the country, including Varoufakis, the Palestinian British surgeon Ghassan Abu-Sittah and the Palestinian researcher Salman Abu Sitta. "This is not about protecting Jewish lives and Jews from antisemitism. It's all about protecting the right of Israel to commit any war crime of its choice," says Varoufakis. We also speak with Varoufakis about freeing Julian Assange and his new book Technofeudalism.

Iran's True Promise Operation - Analysis

Vanessa Beeley - UK Column News

Sorry, But Iran Is Not The Aggressor Here

Israel’s outsize role as a prized US partner in crime entitles it to a total subversion of logic, genocidaires become victims and unmitigated Israeli aggression becomes “self-defense”.

By Belén Fernández: On Saturday, April 13, Iran launched hundreds of drones and missiles at Israel in retaliation for a deadly Israeli strike on the Iranian consulate in Damascus, Syria, that took place on April 1.

The vast majority of the projectiles were intercepted by Israel’s air defense system, with assistance from the ever-helpful United States military, and damage was minimal. Having completed its retaliation, Iran has now declared that the matter can “be deemed concluded” – although Israel is not usually one to let anyone else have the last word.

In the meantime, the barrage of criticism of Tehran’s “aggression” has continued unabated in the West.

British Prime Minister Rishi Sunak condemned “in the strongest terms the Iranian regime’s reckless attack against Israel”, which he insisted had once again shown that Iran was “intent on sowing chaos in its own backyard”. The Czech Ministry of Foreign Affairs lamented that “Iran’s long term aggressive behavior is preventing the Middle East region to live in peace and security”.

"Only Good For WW3": Slovakia To Oppose Ukraine's NATO Membership Bid

PM Fico: "In the aftermath of conflict, there’s a keen interest in re-establishing normalcy in relations with Moscow."

By Tyler Durden: Last October saw a significant shift in Slovakia's trajectory related to its stance on the Ukraine war, after the populist left-wing party Smer took the most votes in the country's national election. Its head, who ascended to his fourth term as prime minister, Robert Fico, advanced a platform of pursuing peace in Ukraine rather than continuing to pour weapons into an increasingly hopeless campaign to evict Russian forces from the country's eastern provinces.

In the wake of US Secretary of State Antony Blinken earlier this month controversially declaring "Ukraine will become a member of NATO" - Slovakia under PM Fico is pushing back. He said in fresh comments at a press conference that Slovakia will stand firmly against any efforts to pursue Ukraine's accession into NATO.

"Ukraine may say: ‘We want to join NATO.’ This will be their own decision. We are saying that we will not ratify [the documents on Ukraine’s accession to NATO] in parliament because Slovakia needs a neutral Ukraine. Slovakia’s interests will be threatened if Ukraine becomes a NATO member," Fico said.