Politics, Economics & The New World Order.

[Dork Lard]

I was told a long time ago to forget trying to understand politics & to learn economics instead.

Economics is a subject that you simply cannot master, it is not only subjective/objective it is also like herding cats in fog.

I came across this chap today. Whilst I know a little bit about economics I know an awful lot about our 'real' history.

This scares me, because it makes sense & it fits.

It might not make sense to you & there might be many reasons for that. All I can say is try to learn a little bit about economics & a lot about your real history.

If you have a mo' :

 

[opps]

I studied economics at university. I didn't study psychology.

What went wrong in your life?

 

[Dork Lard]

I studied economics at university. I didn't study psychology.

What went wrong in your life?

I studied physics & chemistry & joined the rat race, I didn't study sociology.

Supporting all those economists & sociologists on the dole ruined me.

So, what went wrong in your life?

 

[opps]

I studied physics & chemistry & joined the rat race, I didn't study sociology.

Supporting all those economists & sociologists on the dole ruined me.

So, what went wrong in your life?

Anything that has gone wrong in my life is primarily (but not exclusively) my fault. I am aware of that. "Some" people feel the need to blame others for shortcomings in their own lives. Hence populism, 1930's Germany, etc..

That said, I do apologise for me earlier reply, it was overly combative. Sorry.

Ordinarily I try to avoid the General Discussions part of this site because some of the comments from some of the far right types depress me.

Feel free to reply/malign me if you wish, you have every right to, but please do not take umbrage when I refuse to engage.

Regards Ops

 

[Trazor]

 

[ajohn]

This scares me, because it makes sense & it fits.

It does but people will find it hard to accept. Take simpler example of a rise. Taiwan. As per China it produce a range of cheap stuff. Living standards increased and they had to find something else to sell - semiconductors is one aspect. The USA wants some of that back. So Taiwan will be building there. I sometimes mention that Chines goods will get more expensive over time. They will unless a "communist" capitalist system can prevent it some how.

Britain stopped using the gold standard in 1931, and the U.S. followed suit in 1933, finally abandoning the remnants of the system in 1973.

2 world wars broke the UK signalling it's end as having a significant reserve currency. USA got rich hence it becoming a reserve currency.

Japan post war had a rapid rise eventually then a big crash. Japan at one point and may still be doing was buying and selling USD ro keep ir's value more constant. It's a significant market for them. There are said to be more USD outside America than in it.

Some see globalisation as good. Cheaper labour sources are used and their living standards improve - that eventually means they will get more expensive. S Korea mostly known for cheap clothes production once are now a growing car manufacturer, other stuff too.

Up to somewhere around 1970 the trade balance was seen as important. A surplus means a country is actually earning money. A deficit means it isn't so where do you think the money comes from?

 

[Deleted member 18243]

A deficit means it isn't so where do you think the money comes from?

Without being backed by anything real, money is literally make-believe. Our government makes loads of make-believe money every day and hands it out to people who don't make anything.

 

[ajohn]

US used to have a trade deficit clock. It went to some enormous number and then broke. Something similar is available on the web

https://www.usdebtclock.org/

 

[Notch7]

View attachment 268414

Thats our King

 

[Odds]

View attachment 268414

A contender for comment of the year, right there.

 

[carmanmemoranda]

Anything that has gone wrong in my life is primarily (but not exclusively) my fault. I am aware of that. "Some" people feel the need to blame others for shortcomings in their own lives. Hence populism, 1930's Germany, etc..

That said, I do apologise for me earlier reply, it was overly combative. Sorry.

Ordinarily I try to avoid the General Discussions part of this site because some of the comments from some of the far right types depress me.

Feel free to reply/malign me if you wish, you have every right to, but please do not take umbrage when I refuse to engage.

Regards Ops

I fully understand and agree.

 

[Odds]

I was told a long time ago to forget trying to understand politics & to learn economics instead.

Economics is a subject that you simply cannot master, it is not only subjective/objective it is also like herding cats in fog.

I came across this chap today. Whilst I know a little bit about economics I know an awful lot about our 'real' history.

This scares me, because it makes sense & it fits.

It might not make sense to you & there might be many reasons for that. All I can say is try to learn a little bit about economics & a lot about your real history.

If you have a mo' :

I wish you could find shorter videos to preach this message, so i'll just ask if it's any different to Zeigeist, or similar demonstrations of how the world really works?
Taking certain events from history and creating a narrative around them is relatively easy - even simpler these days with the advent of ChatGPT.
What do we know about our 'real' history?
New documents are turning up all the time, revealing insights to historical events that didn't make it into the official version but do they alter the course of our future, knowing more about our past?

 

[SirGalahad]

Without being backed by anything real, money is literally make-believe. Our government makes loads of make-believe money every day and hands it out to people who don't make anything.

Banks create the majority of the money.

How is money created?

Most of the money in the economy is created by banks when they provide loans.

www.bankofengland.co.uk

 

[Ivor Windybottom]

Ordinarily I try to avoid the General Discussions part of this site because some of the comments from some of the far right types depress me.

Healthy to see your comments, I too get a bit annoyed with some of the keyboard warriorism and tribal drum-banging that goes on around here. Much better to rise above it than sink to its depths.

I find this part of your reply interesting.

Firstly the "far right" term is a bit of a meaningless very broad brush, covering everything from capitalism, to conspiracy theories, to nazism, genocide and basically anything disapproved of these days. It isn't usually used by anyone to refer to themselves, it's almost always an insult that is thrown at "them" by people who have socialist leanings. So I'm not sure what you're implying with the whole "far right" thing.

The really interesting word is "depress". Why? Are you worried that things might be true, and that the world isn't the carey-sharey place we all thought it was when we were kids? If that's your angle then it sounds like you're choosing ignorance.

I studied economics, only at A-Level, but find it interesting. But some crackpots do use the language of economics to express conspiracy theories that may or (probably) may not be true.

Currency is little other than a number on a computer these days, it's all fundamentally worthless. There again life, the universe and everything else is if you analyse it enough.

 

[diy_fun_uk]

I want someone to correct me if I'm wrong (mean that genuinely) however I suspect when it comes to things like theories about the new world order etc, people that believe it have been talking about it 'happening' for decades maybe even centuries, albeit under different banners i.e. maybe not referred to as new world order.

So, if it's happening, when will the masses realise 'oh sh1t, this IS happening!!!' What I mean by that is such things are talked about year in year out, decade in decade out. Meanwhile, the average person is born, goes through their life, then dies ... without any real sense of big brother etc. Seems to me there are a lot of false dawns around this sort of stuff, a bit like people saying 'Jesus is coming, we will all be judged!!!' well, according to these people, Jesus has been due to appear for the last few hundred years, so when exactly is he due?

Now, I suspect some will read this and think 'a ha, that's what 'they' want you to think or more to the point, not think. You've been lulled into a false sense of being in control whereas 'they' are in control and you don't even realise it!' However even if that's true, I go back to my earlier point. We're born, we live, we die. How many of us genuinely feel as though we're not in control of our life?

And as I've said in other threads, even if elements of all this are true e.g. only 3 people actually control the world etc, so what? What is the average person meant to do about it? Oh yeah that's right, we need to uprise and take back control. Then what? Cause as I've also said before, we still need structure, we still need managers, we still need leaders. And the same old traits (desire for power, greed, corruption etc) would soon start to resurface.