The scissors of slump

Last week, US Treasury Secretary Janet Yellen told the US Congress that “We now are entering a period of transition from one of historic recovery to one that can be marked by stable and steady growth. Making this shift is a central piece of the President’s plan to get inflation under control without sacrificing the economic gains we’ve made.”

It’s true that the US economy since the depths of the pandemic slump, (which remember in terms of national output, incomes and investment was the worst since the 1930s – even worse that the Great Recession of 2008-9) has made a recovery. But it could hardly be described as ‘historic’. And as for the claim that the US economy, the best performing of the major economies in the last year, is heading towards ‘stable and steady growth’, that is not supported by reality.

The scissors of slump

Doumbouya orders Foreign Mining companies to process bauxite in Guinea, sets May as deadline

Doumbouya orders Foreign Mining companies to process bauxite in Guinea, sets May as deadline

“Despite the mining boom in the bauxite sector, we have to admit that the expected revenues are below expectations, and you and we cannot continue this game of fools that perpetuates great inequality in our relations” Doumbouya said.

The issue of countries earning less from their resources cuts across Africa. In some cases, the nation earns less than 40% of its own resources whilst the multinationals walk away with the big cuts. Do you think all other African countries should emulate this approach?

Omicron- A Case of Mass Psychosis & Other Insane News

A 3 week old Polish piece. Omicron a Case of Mass Psychosis

A few days ago, the general director of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, stated that the introduction of travel restrictions by several countries was an “irrational response” to the omicron variant of the coronavirus.

Omicron- A Case of Mass Psychosis & Other Insane News

Articles behind paywalls:

‘Dodgy data’ used in push for tighter Covid restrictions

Lockdown vested interests hate omicron good news

Wall Street’s Diabolical Plan to Financialize All Nature

This is unacceptable. And is already being pushed. Promoted. Like a ‘vaccine’ that causes harm rather then helping. Like a bitter pill hidden in a pile of sugar.

The Globe and Mail had an article in it’s print edition pushing this very agenda – Is it time to make ‘natural capital’ an asset class?

As I’ve always said the “green” movement is all about money. Profit. Plunder. Exploitation. Profiteering. Monopolization of everything. Denial of your human right to use what nature has given you to use. Since you and I are part of nature we shall be further exploited for profit. You know ‘pandemics and ‘vaccines’ as one form of crony capitalist, technocratic abuse.

Wall Street’s Diabolical Plan to Financialize All Nature

Related:

Wall Street’s Takeover of Nature Advances with Launch of New Asset Class

Water wars loom amid climate collapse & plans for unprecedented imperialist destruction