“Projected 2022 GDP change in G7 countries, before and after the Ukraine war”
Richard Wolff:
“America’s actions wrt Ukraine exhibit decision making to maximize the economic position of a handful of rich and NOTHING to do with good economic policy or policy to optimize the well being of society at large.
Big countries will lose over $300 billion in output plus what the Ukraine war cost them directly. Ukraine's GDP will not return to 2021 level for a decade. Had $300 billion been offered Ukraine and Russia to compromise peacefully, result would have been far better f… See more”
“Big countries will lose over $300 billion in output plus what the Ukraine war cost them directly. Ukraine's GDP will not return to 2021 level for a decade. Had $300 billion been offered Ukraine and Russia to compromise peacefully, result would have been far better for all. Source:”
“1 big thing: War's global hit”
Red -spotted Purple (Basilarchia astyanax)
Ice Age National Scientific Reserve Unit, Wisconsin, USA
2019 Jun 26 _F2A8472aaa
“Tell BlackRock to adopt a No Deforestation Policy!
BlackRock owns shares in the world’s largest cattle companies, the world’s largest palm oil companies, and the world’s largest pulp and paper companies. Aside from a few public statements, BlackRock has done almost nothing to stop these companies from tearing down the world’s last great rainforests.”
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The USD just ain’t what it used to be, and never will be ever again:
“Prices on every thing are going to go up now that the Democrats and Republicans have undermined the international community’s perception of America’s prospects (factors influencing the value of the U.S. dollar),.... but are rich people are rich! So there is that
The Petrodollar System is Heading Down and Out - Or Is It?
Today I share this "Crux Decode" video that gives a very decent and clear breakdown of where we stand with this war crisis.
As we continue to reel from the terrible immediate effects of the war (sky rocketing fuel pump prices - coming soon to a fuel filling station near you), one cannot help but be stunned by the geopolitical power play when it comes to the entire financial fiefdom that is the United States and Europe.
As you well know, sanctions have been slapped on Russia, but this has awoken everyone into realizing that all assets stored in the USA are at your own risk as a country.
As we speak, China, India and some of the large Arabian oil producers are now starting to trade on oil among themselves bypassing the mighty US dollar!
Worse, they have refused to increase output to soften the shock of Russia's exclusion. This has caused massive upheaval across the globe!
Who would have though that?
I really do hope that Uncle Sam has an ace up his proverbial sleeve to counter this smart "chess" move by Putin and Xi Jinping in countering the SWIFT financial system bypass and worse, the Petrodollar system as well.
We can only watch and see.
Meantime, we brace for super high price increases that may see pump prices more than double within the next two months. That may mean paying as much as K30+ per litre.”
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“Cascading Consequences of the Loss of Arctic Sea Ice”
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John Hopkins Medical is reporting 27,500 people died from COVID in the last 28 days of March 2022 - don’t know about “organized” society but “civil” society is already completely, utterly, colossaly, dead in America.
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Pete Williams:
“the next equilibrium point might be hothouse earth. The tipping points that we all are concerned about represent a shift to this new equilibrium. How long will it take and how abruptly will it happen??”
Miller Harper:
“Could a Blue Ocean Event be not very far from now? I'm thinking , yes.”
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