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Balance between, taxes, profits and wages
"crack down on all the exchanges"
https://sputniknews.com/asia/2017121...coin-exchange/
The parasites of the world depend on the working people to provide them with sustenance. If close to 100 million Americans of working age are no longer in the work force, sustenance is much reduced. The main source of wealth is "value added industry". We shipped that out years ago.
"According to 2016 data from the Tax Policy Center, 44 percent of Americans —or roughly 77 million people— don't pay any federal income taxes at all.Dec 4, 2017"
So, the tax rolls from the individual are much reduced also. The CB pumps liquidity into the corporatocracy and, the corporatocracy pumps some back to the treasury. Armstrong said to just print it directly instead of pumping it through the system.
As the world slides down to a global mean wage, there are fewer and fewer people who are required to pay income tax. At the same time, these billions of wage slaves have little discretionary spending to generate profits for the corporation. Globalism brings global poverty.
Much of this is due to automation but, tax-farming of the population to support hundreds of millions of State workers worldwide is also to blame.
"The fundamental thing to grasp is that globalisation is—and always was—the product of human agency; it can be shaped and reshaped, for good or ill. The great problem with Blair’s forceful affirmation of globalisation back in 2005 was the presumption that it is essentially one thing, immutable to the way that our societies must experience it, a wind of change which there could be no negotiating or arguing with. This misunderstanding still afflicts our political, financial and technocratic elites."
"The Davos set, the Blairs and the Clintons are all scratching their heads, asking themselves how on Earth a process they insisted was inexorable has spun into reverse. Trade has stopped growing in relation to output, cross-border financial flows have still not bounced back from the global crisis of a decade ago, and after long years of stasis "
"Those that were cheerleaders of hyper-globalisation at the turn of the century stand no chance of understanding where it has gone wrong without realising how little they understood the process they were championing."
"The main beneficiaries of the post-1990 rules of globalisation were the corporations and professional elites. No doubt, the hyper-globalisers believed their case. "
"Perhaps the hyper-globalisers’ most egregious mistake after the 1990s was to promote financial globalisation. They took the textbook argument and ran amok with it. Free flow of finance across the world would, it was confidently predicted, set money to work where it could do most good. With free-flowing capital, savings would be automatically channelled to countries with higher returns; with access to the world markets, economies and entrepreneurs would have access to more dependable finance"
You can see the problem unfolding. The money comes in and stays until it sees the next "best deal" and then, it flees and leaves a smoking ruin.
"Most of the scepticism is directed at short-term financial flows, which are so given to crisis and excess,"
Excellent article
https://www.prospectmagazine.co.uk/m...e-trump-brexit
Globalism gutted the wage base and made a few people super-rich. It threatened to freeze up the economy so, money was pumped into various channels, NOT INTO WAGES. It is going to take a complete crash of the corporatocracy for the modern-day fascists to appreciate the fact that would-be consumers require a living wage if they are going to consume anything more than just food.
AI, AI Building AI: Mankind Losing More Control Over Artificial Intelligence
https://www.wired.com/story/future-o...backchannel_p3
"crack down on all the exchanges"
https://sputniknews.com/asia/2017121...coin-exchange/
The parasites of the world depend on the working people to provide them with sustenance. If close to 100 million Americans of working age are no longer in the work force, sustenance is much reduced. The main source of wealth is "value added industry". We shipped that out years ago.
"According to 2016 data from the Tax Policy Center, 44 percent of Americans —or roughly 77 million people— don't pay any federal income taxes at all.Dec 4, 2017"
So, the tax rolls from the individual are much reduced also. The CB pumps liquidity into the corporatocracy and, the corporatocracy pumps some back to the treasury. Armstrong said to just print it directly instead of pumping it through the system.
As the world slides down to a global mean wage, there are fewer and fewer people who are required to pay income tax. At the same time, these billions of wage slaves have little discretionary spending to generate profits for the corporation. Globalism brings global poverty.
Much of this is due to automation but, tax-farming of the population to support hundreds of millions of State workers worldwide is also to blame.
"The fundamental thing to grasp is that globalisation is—and always was—the product of human agency; it can be shaped and reshaped, for good or ill. The great problem with Blair’s forceful affirmation of globalisation back in 2005 was the presumption that it is essentially one thing, immutable to the way that our societies must experience it, a wind of change which there could be no negotiating or arguing with. This misunderstanding still afflicts our political, financial and technocratic elites."
"The Davos set, the Blairs and the Clintons are all scratching their heads, asking themselves how on Earth a process they insisted was inexorable has spun into reverse. Trade has stopped growing in relation to output, cross-border financial flows have still not bounced back from the global crisis of a decade ago, and after long years of stasis "
"Those that were cheerleaders of hyper-globalisation at the turn of the century stand no chance of understanding where it has gone wrong without realising how little they understood the process they were championing."
"The main beneficiaries of the post-1990 rules of globalisation were the corporations and professional elites. No doubt, the hyper-globalisers believed their case. "
"Perhaps the hyper-globalisers’ most egregious mistake after the 1990s was to promote financial globalisation. They took the textbook argument and ran amok with it. Free flow of finance across the world would, it was confidently predicted, set money to work where it could do most good. With free-flowing capital, savings would be automatically channelled to countries with higher returns; with access to the world markets, economies and entrepreneurs would have access to more dependable finance"
You can see the problem unfolding. The money comes in and stays until it sees the next "best deal" and then, it flees and leaves a smoking ruin.
"Most of the scepticism is directed at short-term financial flows, which are so given to crisis and excess,"
Excellent article
https://www.prospectmagazine.co.uk/m...e-trump-brexit
Globalism gutted the wage base and made a few people super-rich. It threatened to freeze up the economy so, money was pumped into various channels, NOT INTO WAGES. It is going to take a complete crash of the corporatocracy for the modern-day fascists to appreciate the fact that would-be consumers require a living wage if they are going to consume anything more than just food.
AI, AI Building AI: Mankind Losing More Control Over Artificial Intelligence
https://www.wired.com/story/future-o...backchannel_p3
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