Military Forum for Russian and Global Defence Issues


    World Economic News and Discussion

    Share
    avatar
    higurashihougi

    Posts : 2120
    Points : 2213
    Join date : 2014-08-13
    Location : A small and cutie S-shaped land.

    Re: World Economic News and Discussion

    Post  higurashihougi on Sat Oct 10, 2015 5:16 am

    I never never accept TPP from the beginning, therefore I would like to give wikileaks and RT 100000 likes for this information.

    https://www.rt.com/usa/318146-tpp-wikileaks-intellectual-property/

    'TPP would cost lives': WikiLeaks unveils full intellectual property chapter
    avatar
    Werewolf

    Posts : 5266
    Points : 5471
    Join date : 2012-10-24

    Re: World Economic News and Discussion

    Post  Werewolf on Sat Oct 10, 2015 6:14 am

    higurashihougi wrote:I never never accept TPP from the beginning, therefore I would like to give wikileaks and RT 100000 likes for this information.

    https://www.rt.com/usa/318146-tpp-wikileaks-intellectual-property/

    'TPP would cost lives': WikiLeaks unveils full intellectual property chapter

    A good comment right there

    "What is writen ink we can rewrite in blood"
    avatar
    sepheronx

    Posts : 7110
    Points : 7382
    Join date : 2009-08-06
    Age : 29
    Location : Canada

    Re: World Economic News and Discussion

    Post  sepheronx on Sat Oct 10, 2015 9:32 am

    TPP will benefit Vietnam way more than Canada. We are effectively screwed in Canada due to TPP. I figure the people who sign up for it are nothing but traitors.
    avatar
    Werewolf

    Posts : 5266
    Points : 5471
    Join date : 2012-10-24

    Re: World Economic News and Discussion

    Post  Werewolf on Sat Oct 10, 2015 9:57 am

    sepheronx wrote:TPP will benefit Vietnam way more than Canada.  We are effectively screwed in Canada due to TPP.  I figure the people who sign up for it are nothing but traitors.

    TTIP won't benefit anyone but elites in US, it will open havoc to industries, health of population and minimum wage laws will be lifted sooner or later. Slave labour with genetic MSO genocide and pharmaindustry like in US were all hospitals are private and you pay 400-800 USD for 1 liter salty water for infusion.
    avatar
    sepheronx

    Posts : 7110
    Points : 7382
    Join date : 2009-08-06
    Age : 29
    Location : Canada

    Re: World Economic News and Discussion

    Post  sepheronx on Sat Oct 10, 2015 10:00 am

    Werewolf wrote:
    sepheronx wrote:TPP will benefit Vietnam way more than Canada.  We are effectively screwed in Canada due to TPP.  I figure the people who sign up for it are nothing but traitors.

    TTIP won't benefit anyone but elites in US, it will open havoc to industries, health of population and minimum wage laws will be lifted sooner or later. Slave labour with genetic MSO genocide and pharmaindustry like in US were all hospitals are private and you pay 400-800 USD for 1 liter salty water for infusion.

    I don't think it will pass all nations parliament. But there is a chance that it might. I wonder if people will end up going to the streets? Doubt it, as people are pretty damn lazy.
    avatar
    Werewolf

    Posts : 5266
    Points : 5471
    Join date : 2012-10-24

    Re: World Economic News and Discussion

    Post  Werewolf on Sat Oct 10, 2015 10:33 am

    sepheronx wrote:
    Werewolf wrote:
    sepheronx wrote:TPP will benefit Vietnam way more than Canada.  We are effectively screwed in Canada due to TPP.  I figure the people who sign up for it are nothing but traitors.

    TTIP won't benefit anyone but elites in US, it will open havoc to industries, health of population and minimum wage laws will be lifted sooner or later. Slave labour with genetic MSO genocide and pharmaindustry like in US were all hospitals are private and you pay 400-800 USD for 1 liter salty water for infusion.

    I don't think it will pass all nations parliament.  But there is a chance that it might.  I wonder if people will end up going to the streets?  Doubt it, as people are pretty damn lazy.

    Haha, with the current flood of immigrants on US behalf, the entire TTIP will be pressed through regardless who says or does what. The question is not if, but when they push it through and how fucked up it gets afterwards. It will be certainly no place you want to live by then.
    avatar
    higurashihougi

    Posts : 2120
    Points : 2213
    Join date : 2014-08-13
    Location : A small and cutie S-shaped land.

    Re: World Economic News and Discussion

    Post  higurashihougi on Sun Oct 11, 2015 9:26 am

    Comments about TPP

    https://www.eff.org/deeplinks/2015/10/final-leaked-tpp-text-all-we-feared

    The Final Leaked TPP Text is All That We Feared

    Today's release by Wikileaks of what is believed to be the current and essentially final version of the intellectual property (IP) chapter of the Trans-Pacific Partnership (TPP) confirms our worst fears about the agreement, and dashes the few hopes that we held out that its most onerous provisions wouldn't survive to the end of the negotiations.

    Since we now have the agreed text, we'll be including some paragraph references that you can cross-reference for yourself—but be aware that some of them contain placeholders like “x” that may change in the cleaned-up text. Also, our analysis here is limited to the copyright and Internet-related provisions of the chapter, but analyses of the impacts of other parts of the chapter have been published by Wikileaks and others.

    (click the link to see full text)

    Austin

    Posts : 6845
    Points : 7234
    Join date : 2010-05-08
    Location : India

    Re: World Economic News and Discussion

    Post  Austin on Mon Oct 12, 2015 7:28 pm

    Peter Schiff: We're In Deep Economic Shit!


    Austin

    Posts : 6845
    Points : 7234
    Join date : 2010-05-08
    Location : India

    Re: World Economic News and Discussion

    Post  Austin on Mon Oct 12, 2015 7:42 pm

    Another Great Interview with David Stockman


    par far

    Posts : 1747
    Points : 1920
    Join date : 2014-06-26

    Peter Schiff: We're In Deep Economic Shit!

    Post  par far on Mon Oct 12, 2015 9:56 pm

    The economies of the world are going down because bankers like the Rothschilds are coming to collect the money they loaned out.
    avatar
    sepheronx

    Posts : 7110
    Points : 7382
    Join date : 2009-08-06
    Age : 29
    Location : Canada

    Re: World Economic News and Discussion

    Post  sepheronx on Tue Oct 20, 2015 5:06 am

    Looks like the French are in trouble again:
    http://ria.ru/world/20151020/1304906807.html

    The French bank will pay a heavy fine for the violation of US sanctions
    avatar
    sepheronx

    Posts : 7110
    Points : 7382
    Join date : 2009-08-06
    Age : 29
    Location : Canada

    Re: World Economic News and Discussion

    Post  sepheronx on Tue Nov 10, 2015 3:46 pm

    Incorrect. China is fudging numbers to Grow, dont even know about India but figures my wife states tells a different picture depending on region (she is Punjabi), and US middle class has shrunk considerably.  EU and US survived through Quantitative Easing which isnt something good.

    Us Middle Class: http://www.zerohedge.com/news/2015-04-09/rich-middle-class-poor-middle-class

    Chinas fake.GDP: http://www.zerohedge.com/news/2015-07-17/furious-china-lashes-out-critics-its-rigged-gdp-data

    Hard to do this stuff on mobile phone....

    Canada and Brazil are also getting hit real hard. Mexico lost a lot due to oil prices but made up for it in other areas like manufacturing and tourism while Canada is increasing debt drastically just to upkeep. Brazil is doing bad for tons of reasons and one has to do with its heavy handed corruption schemes like Petrobras that got exposed.

    The world is living off of borrowed time. QE will only work for so long and it is pretty sad that both EU and US has had something like 3 - 4 QE's in 1 year. If they didnt do that, then their GDP growth and money supply would end up in the negatives as they cant pay bach their excessive debts. So they are just kicking the can further.
    avatar
    max steel

    Posts : 2939
    Points : 2964
    Join date : 2015-02-12
    Location : South Pole

    Re: World Economic News and Discussion

    Post  max steel on Tue Nov 10, 2015 9:19 pm

    sepheronx wrote:Incorrect. China is fudging numbers to Grow, dont even know about India but figures my wife states tells a different picture depending on region (she is Punjabi), and US middle class has shrunk considerably.  EU and US survived through Quantitative Easing which isnt something good.

    Us Middle Class: http://www.zerohedge.com/news/2015-04-09/rich-middle-class-poor-middle-class

    Chinas fake.GDP: http://www.zerohedge.com/news/2015-07-17/furious-china-lashes-out-critics-its-rigged-gdp-data

    Hard to do this stuff on mobile phone....

    Canada and Brazil are also getting hit real hard.  Mexico lost a lot due to oil prices but made up for it in other areas like manufacturing and tourism while Canada is increasing debt drastically just to upkeep. Brazil is doing bad for tons of reasons and one has to do with its heavy handed corruption schemes like Petrobras that got exposed.

    The world is living off of borrowed time. QE will only work for so long and it is pretty sad that both EU and US has had something like 3 - 4 QE's in 1 year.  If they didnt do that, then their GDP growth and money supply would end up in the negatives as they cant pay bach their excessive debts.  So they are just kicking the can further.


    Poverty is rampant in India don't fall for Modi PR Media secondly good luck in believing Zerohedge fear pron on China's Economy. IF you're really keen in following China's Economy then go to Orient.
    avatar
    KoTeMoRe

    Posts : 3982
    Points : 3999
    Join date : 2015-04-21
    Location : Krankhaus Central.

    Re: World Economic News and Discussion

    Post  KoTeMoRe on Tue Nov 10, 2015 9:30 pm

    max steel wrote:
    sepheronx wrote:Incorrect. China is fudging numbers to Grow, dont even know about India but figures my wife states tells a different picture depending on region (she is Punjabi), and US middle class has shrunk considerably.  EU and US survived through Quantitative Easing which isnt something good.

    Us Middle Class: http://www.zerohedge.com/news/2015-04-09/rich-middle-class-poor-middle-class

    Chinas fake.GDP: http://www.zerohedge.com/news/2015-07-17/furious-china-lashes-out-critics-its-rigged-gdp-data

    Hard to do this stuff on mobile phone....

    Canada and Brazil are also getting hit real hard.  Mexico lost a lot due to oil prices but made up for it in other areas like manufacturing and tourism while Canada is increasing debt drastically just to upkeep. Brazil is doing bad for tons of reasons and one has to do with its heavy handed corruption schemes like Petrobras that got exposed.

    The world is living off of borrowed time. QE will only work for so long and it is pretty sad that both EU and US has had something like 3 - 4 QE's in 1 year.  If they didnt do that, then their GDP growth and money supply would end up in the negatives as they cant pay bach their excessive debts.  So they are just kicking the can further.


    Poverty is rampant in India don't fall for Modi PR Media secondly good luck in believing Zerohedge fear pron on China's Economy. IF you're really keen in following China's Economy then go to Orient.

    http://atimes.com/2015/07/fitch-moodys-say-china-stock-drop-wont-affect-economy/

    Who lies to who?
    avatar
    kvs

    Posts : 3753
    Points : 3852
    Join date : 2014-09-11
    Location : Canuckistan

    Re: World Economic News and Discussion

    Post  kvs on Wed Nov 11, 2015 12:13 am

    Kimppis wrote:

    The world is *actually* not in recession. Cut that conspiracy BS. Countries like China and India are doing well, the global middle class and consumption are growing, poverty is decreasing, so there's no way that that would even make any sense. (Other than that, I don't disagree.)

    You should cut the BS yourself, sunshine:

    avatar
    kvs

    Posts : 3753
    Points : 3852
    Join date : 2014-09-11
    Location : Canuckistan

    Re: World Economic News and Discussion

    Post  kvs on Wed Nov 11, 2015 12:17 am

    Actually, the best evidence that the world is in a recession is the oil price. You cannot explain the oil price with some
    mythical supply glut. The same level of glut was there in 2008 but the oil price hit $147 per barrel. It then crashed because there
    was recession starting in late 2008 through 2009. We are in the same pattern. The difference this time around is that China's
    growth is weaker than in 2008 and it is not as effective in acting like a "governor" pulling the rest of the world out of a recession.

    avatar
    Kimppis

    Posts : 517
    Points : 517
    Join date : 2014-12-23

    Re: World Economic News and Discussion

    Post  Kimppis on Wed Nov 11, 2015 6:42 am

    Yeah, Zerohedge is such a great source! They are not biased at all against the US and Chinese economies. Everything is going to collapse tomorrow!

    It's absolutely undeniable that China is still growing well. The middle class, consumption and services... they all have great growth rates. I don't have any reason to doubt the Indian numbers either, that just goes to conspiracy territory, but of course they are still quite poor overall, way behind China for instance.

    I don't doubt that the "western" middle class is shrinking, but it's certainly growing globally, and fast. China, India, most of Asia, large parts of Africa...  

    And I don't think oil prices tell you all that much. For one thing, oil consumption must still be growing globally, certainly that has to be the case with the overall energy consumption and that growth is probably roughly the same as it was before.

    And you know why global trade is down? Dollar's value has gone up, there have numerous devalutions across the globe, so that's actually not surprising in dollar terms. I'd imagine that the volume is still growing. The trade between Russia and China is actually a great example. It's down considerably in dollars due to ruble's devalutions, but the volume is still growing, atleast in many categories.
    avatar
    sepheronx

    Posts : 7110
    Points : 7382
    Join date : 2009-08-06
    Age : 29
    Location : Canada

    Re: World Economic News and Discussion

    Post  sepheronx on Wed Nov 11, 2015 6:56 am

    Kimmpis, you provided absolutly nothing at all. Your Bs ramblings dont make.you right.  Zerohedge has been right about a ton of things, especially when it has came to the market.  To say it is BS and then providing nothing really isnt helping your position at all.

    Max also proved you wrong.  He has the data too.  So keep trying to convince us with your snake oil.


    A Third Of All Containers Shipped From Long Beach Port Are Empty

    They have sources in their articles if you do not like zerohedge.
    avatar
    Kimppis

    Posts : 517
    Points : 517
    Join date : 2014-12-23

    Re: World Economic News and Discussion

    Post  Kimppis on Wed Nov 11, 2015 7:48 am

    WTF? Some of you are just rambling your conspiracy BS and "fake" this and "fake" that.

    I'm basing my opinion on statistics and long-term trends.

    India's growth rate for this year is roughly 7.5%. For China 6.5-7%. The global groth rate for this year: 3-3.5%. With those kind of growth rates energy and commodity consumption must also be growing. No reason to believe that those numbers are any more unreliable than the Russian ones.  

    And I already "admitted" that India is poor. Of course it's. But that is changing, and comparatively rapidly.

    What I think atleast partially explains the decrease in oil and other commodity prices has been the (expected) change in the structure of the Chinese economy. For a few decades China basically hoarded all kinds of commodities and the demand was so high that the prices skyrocketed too. Now the world has somehow suddenly noticed that the structure of the massive Chinese economy has changed, and is changing in the future, and in turn the growth rate in that demand for these different resources is going to change, so for the time being, the prices have kind of "overreacted".

    Not to mention that global recession would be blatantly evident to everyone. It would be undeniable. And that was the case in 2009.  

    And I didn't say Zerohedge is wrong about everything, but they're clearly extremely biased against the US and Chinese economies, and well, the global economy in general. Literally, everything is going to collapse soon!!! OMG!

    Of course a crisis (even a global one) is bound to happen sooner or later, but I don't see any reason to believe that it's going to imminent. Who knows? No one.  

    Nothing I said earlier was in anyway "extraordinary", on the contrary. Jeez...


    Last edited by Kimppis on Wed Nov 11, 2015 7:51 am; edited 1 time in total
    avatar
    sepheronx

    Posts : 7110
    Points : 7382
    Join date : 2009-08-06
    Age : 29
    Location : Canada

    Re: World Economic News and Discussion

    Post  sepheronx on Wed Nov 11, 2015 7:49 am

    Um.

    You are basing it off of opinion.

    We used data.  Thank you very much.

    Would you like us to go through this data again with you?  More links as well?

    Here is what is helping support GDP growth:

    http://www.thelocal.es/20140925/sex-and-drugs-add-9-billion-to-spains-gdp

    http://www.telegraph.co.uk/news/worldnews/europe/italy/10853756/Italy-to-boost-GDP-figures-with-drugs-and-prostitution.html

    http://www.financierworldwide.com/gdp-to-include-illegal-activity/#.VkLlZberSUk

    http://www.theguardian.com/business/2014/jun/10/accounting-drugs-prostitution-uk-economy-gdp-eu-rules

    May be 2014 but this just gives you the good indication how numbers can be fudged easily.

    If all is good in the land of make believe and rainbows, then explain why the US and EU had to do a lot of quantitative easing this year?

    http://www.theguardian.com/business/2015/jan/22/quantitative-easing-around-the-world-lessons-from-japan-uk-and-us
    avatar
    Kimppis

    Posts : 517
    Points : 517
    Join date : 2014-12-23

    Re: World Economic News and Discussion

    Post  Kimppis on Wed Nov 11, 2015 8:00 am

    sepheronx wrote:Um.

    You are basing it off of opinion.

    We used data.  Thank you very much.

    Would you like us to go through this data again with you?  More links as well?

    Here is what is helping support GDP growth:

    http://www.thelocal.es/20140925/sex-and-drugs-add-9-billion-to-spains-gdp

    http://www.telegraph.co.uk/news/worldnews/europe/italy/10853756/Italy-to-boost-GDP-figures-with-drugs-and-prostitution.html

    http://www.financierworldwide.com/gdp-to-include-illegal-activity/#.VkLlZberSUk

    http://www.theguardian.com/business/2014/jun/10/accounting-drugs-prostitution-uk-economy-gdp-eu-rules

    May be 2014 but this just gives you the good indication how numbers can be fudged easily.

    So those statistics are just my opinion!? WTF?

    And as you know very well, they are extremely easty to find. They are everywhere. http://www.worldbank.org/en/publication/global-economic-prospects

    OK, so those percentages are pretty small. Doesn't make a huge difference to one way or another. It's also entirely another thing to "fake" the total GDP. Not to mention that I was mainly talking about non-western countries, those countries that are also having the highest growth rates.

    And things are not "all good" in the US and EU, their growth rates are pretty bad. Well, EU in particular, the US is apparently growing quite well. Europe is certainly stagnating. It's also true that the global growth has slowed, but not massively.
    avatar
    sepheronx

    Posts : 7110
    Points : 7382
    Join date : 2009-08-06
    Age : 29
    Location : Canada

    Re: World Economic News and Discussion

    Post  sepheronx on Wed Nov 11, 2015 8:08 am

    Kimppis wrote:
    sepheronx wrote:Um.

    You are basing it off of opinion.

    We used data.  Thank you very much.

    Would you like us to go through this data again with you?  More links as well?

    Here is what is helping support GDP growth:

    http://www.thelocal.es/20140925/sex-and-drugs-add-9-billion-to-spains-gdp

    http://www.telegraph.co.uk/news/worldnews/europe/italy/10853756/Italy-to-boost-GDP-figures-with-drugs-and-prostitution.html

    http://www.financierworldwide.com/gdp-to-include-illegal-activity/#.VkLlZberSUk

    http://www.theguardian.com/business/2014/jun/10/accounting-drugs-prostitution-uk-economy-gdp-eu-rules

    May be 2014 but this just gives you the good indication how numbers can be fudged easily.

    So those statistics are just my opinion!? WTF?

    And as you know very well, they are extremely easty to find. They are everywhere. http://www.worldbank.org/en/publication/global-economic-prospects

    OK, so those percentages are pretty small. Doesn't make a huge difference to one way or another. It's also entirely another thing to "fake" the total GDP. Not to mention that I was mainly talking about non-western countries, those countries that are also having the highest growth rates.

    Yes, because growth rates actually reflect reality.  If growth rates reflect reality, then how come the US middle class is shrinking?  Their GDP is continuously going up, so theoretically, their middle class should also grow!  Asian countries like India relies heavily on domestic consumers, and the fact that their population is second largest in the world adds a lot to that fact, and their population is increasing.  Also, costs of goods is increasing, likes its forever growing costs on onions.  People are viewing they are getting richer but reality is that they are just as poor as before.  They make more than before, but costs of goods also cost more than before.  There is a large middle class, but face the facts that with a massive population, there is a massive middle class bound to be.  And the middle class of India isn't considered same as middle class anywhere else.  But that is where PPP takes effect.

    What constitutes the growth?  If Max's post is about how India's exports drastically dropped, then where is this money coming from?  It is always worth looking at what constitutes the numbers, not the number itself.
    avatar
    Kimppis

    Posts : 517
    Points : 517
    Join date : 2014-12-23

    Re: World Economic News and Discussion

    Post  Kimppis on Wed Nov 11, 2015 8:34 am

    sepheronx wrote:
    Kimppis wrote:
    sepheronx wrote:Um.

    You are basing it off of opinion.

    We used data.  Thank you very much.

    Would you like us to go through this data again with you?  More links as well?

    Here is what is helping support GDP growth:

    http://www.thelocal.es/20140925/sex-and-drugs-add-9-billion-to-spains-gdp

    http://www.telegraph.co.uk/news/worldnews/europe/italy/10853756/Italy-to-boost-GDP-figures-with-drugs-and-prostitution.html

    http://www.financierworldwide.com/gdp-to-include-illegal-activity/#.VkLlZberSUk

    http://www.theguardian.com/business/2014/jun/10/accounting-drugs-prostitution-uk-economy-gdp-eu-rules

    May be 2014 but this just gives you the good indication how numbers can be fudged easily.

    So those statistics are just my opinion!? WTF?

    And as you know very well, they are extremely easty to find. They are everywhere. http://www.worldbank.org/en/publication/global-economic-prospects

    OK, so those percentages are pretty small. Doesn't make a huge difference to one way or another. It's also entirely another thing to "fake" the total GDP. Not to mention that I was mainly talking about non-western countries, those countries that are also having the highest growth rates.

    Yes, because growth rates actually reflect reality.  If growth rates reflect reality, then how come the US middle class is shrinking?  Their GDP is continuously going up, so theoretically, their middle class should also grow!  Asian countries like India relies heavily on domestic consumers, and the fact that their population is second largest in the world adds a lot to that fact, and their population is increasing.  Also, costs of goods is increasing, likes its forever growing costs on onions.  People are viewing they are getting richer but reality is that they are just as poor as before.  They make more than before, but costs of goods also cost more than before.  There is a large middle class, but face the facts that with a massive population, there is a massive middle class bound to be.  And the middle class of India isn't considered same as middle class anywhere else.  But that is where PPP takes effect.

    What constitutes the growth?  If Max's post is about how India's exports drastically dropped, then where is this money coming from?  It is always worth looking at what constitutes the numbers, not the number itself.

    That's a good question. Inequality is probably also growing and due to inflation the (US) definition of middle class is also changing. So richer are getting richer and poorer are getting poorer. But US GDP per capita is extremely high, they are very rich, so their "stage" of average economic development is totally different from the likes of India. The growth is probably mostly coming from the domestic activity. That's why global convergence is happening. That's why the rest of the world is catching up. Because they can.

    Yes, there's population growth, there's inflation, but despite all those things, many poor countries are getting richer and their living standards are growing when the growth rate is high enough. And it seems to be high enough in India. It certainly high enough in China, in many other Asian countries and in many countries in Africa. This development is undeniable. And this all is a historical change. The world is returning back to "normal", for the first time after industrialization, the differences in living standards between regions and between countries will be smaller. The global economy is... well comparatively global and most countries have gotten rid of the shitty central planning. So this all was bound to happen. Of course, global warming will be a major challenge in the future.

    And the definition of middle class in this discussion is the following: The people that can afford more than the most basic necessities, more or less, people that are not living in absolute poverty and they don't have to only think about day-to-day survival.

    Austin

    Posts : 6845
    Points : 7234
    Join date : 2010-05-08
    Location : India

    Actually, the best evidence that the world is in a recession is the oil price. You cannot explain the oil price with some

    Post  Austin on Wed Nov 11, 2015 12:01 pm

    Good Interview with Peter Schiff


    Political Prisoners, Economic Delusions, and Escaping the Next Crisis


    Austin

    Posts : 6845
    Points : 7234
    Join date : 2010-05-08
    Location : India

    Re: World Economic News and Discussion

    Post  Austin on Sat Jan 02, 2016 7:05 am

    DISTORTED, TWISTED & BACKWARD FINANCIAL MARKETS FRA w/Puru Saxena


    Sponsored content

    Re: World Economic News and Discussion

    Post  Sponsored content


      Current date/time is Mon Dec 10, 2018 1:16 pm