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Globalism: power, politics and the world economy

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sr20de

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(http://drudgereport.com/)

European SUPERSTATE to be unveiled: EU nations 'to be morphed into one' post-Brexit
http://www.express.co.uk/news/politics/683739/EU-referendum-German-French-European-superstate-Brexit

This information shows what factors could be influencing the Keynesian economic environment.

I was banned from another forum (which I wont name) for sharing articles which I found to be relevant to informed individuals, reason for using capitals in the headings.

Quite often my posts will contain up to date information for all those who care to listen.

There is a global awakening happening, and the mainstream media does not always present all the fact, in addition given the recent Brexit, it shows that people are truly beginning to awaken from the trance.

I hope they do not get moderated here on this forum. Many factors effect markets, the more information the better, an informed population critically able to analyse information and form their own opinion is a successful population.

At the time of writing this post, "american union shaken : Trump, Brexit jolt. http://www.drudgereport.com/

North American leaders meet, with brexit and Trump clouding ties.

http://www.bloomberg.com/politics/a...ders-meet-with-brexit-and-trump-clouding-ties

“There’s growing anti-globalization sentiment, there’s anger at elites. This is the big unknown the British people have thrown at all of Europe.”

I think present a good picture of what is unfolding, globally. I post my links to show my research.
 
The European Union is a project whose ultimate aim is to produce a United States of Europe which limits the chances for internal war. It is hardly a surprise when a statement is made which points to decline in sovereignty for the member nations. More and more power is moving to Brussels and there is even a commission which has been established which is setting up a basis for forcing member states to produce more fiscal stimulus. In other words...Brussels will reach into the pockets of countries who would rather not spend money and spend it on their behalf on whatever they think is best for the greater good. That's the deal for being part of the Union. It is a deal which the people of Great Britain decided to move away from.

In my view, the Brexit represents a major opportunity to consolidate the Union, which has become increasingly fractured due to the refugee crisis and also the financial crisis. This is a moment whose importance may be compared to the fall of the Berlin Wall in terms of providing impetus for greater unity. There is nothing like the creation of a common threat to unify a squabbling group.

I find it very interesting that many commentators are saying that the non-binding nature of the poll may ultimately result in no Brexit at all as Article 50 may never be tabled even when Cameron steps down as PM. Perhaps a perverse outcome may be that the Union perceives a strong threat, unifies, only to see that threat never materialise and for the Union to emerge stronger for the experience.

Must say that I do not make it a point to watch the shock jocks for political science insights. Nonetheless, the politics of money is gaining the upper hand. It is argued that the collapse of the Soviet Union was 'permitted' by the wealthy/powerful as they rose from the ruins as oligarchs. Wealth and power are all relative. You can improve your position by creating chaos.
 
sr20de said:
(http://drudgereport.com/)


There is a global awakening happening, and the mainstream media does not always present all the fact, in addition given the recent Brexit, it shows that people are truly beginning to awaken from the trance.
Click to expand...

Do you think there's enough people awakening to build a new world? And fight against this system?
 

Have you read the article,

PROPOSED ‘EU ARMY’ HIDDEN FROM BRITISH VOTERS UNTIL AFTER BREXIT
EU army proposal to remain hidden From British voters until day after Brexit vote

http://www.infowars.com/proposed-eu-army-hidden-from-british-voters-until-after-brexit/

and,

CFR MEMBER CALLS ON ELITES TO “RISE UP AGAINST IGNORANT MASSES”
Wealthy heir to Bloomingdale's chain sneers at populist voters who cherish "values and tradition"

http://www.infowars.com/cfr-member-calls-on-elites-to-rise-up-against-ignorant-masses/


it is somewhat telling of what the powers that be actually do as opposed to what they say.

Further I believe their is a global awakening occurring spiritually mother nature included, politically it is being transmitted as people with the numbers are rising up against the puppet masters. Leading to events such as the Brexit, with events like these occurring as a result of the masses acting politically and peacefully.

Further pushes can be seen, Poll : Trump Pulls Into Lead 43 - 39

White house watch Trump 43%, Clinton 39%
http://www.rasmussenreports.com/public_content/politics/elections/election_2016/white_house_watch

Collectively as a species we are all starting to realise we all have more in common then we think, we are one and the same, the more we are divided the less we are able to progress to the next level.Politicians and the media can not mute, nor can humanity as a species be controlled by evil intent.

If a book was being written now, it would be an interesting read.

I am currently reading, "Tragedy & Hope A History Of The World In Our Time by Carroll Quigly", pg 233 - 234 has an interesting sentence, "infiltration" By this method advanced was to be made around strong points by penetrating as quickly as possible and with maximum strength through resistance, leaving the centres of strong resistance surrounded and isolated for later attention.

Now I ask you does that sound familiar.
 
Globalisation and what it means for countries not with higher wages and standards.

Things are becoming cheaper and it is great right. Beyond looking at the inflation eating into your salary and money in your pocket after taxes (http://www.investopedia.com/articles/investing/090715/how-inflation-affects-your-cash-savings.asp) , there is factor that the media may not be selling you (http://www.forbes.com/sites/willbur...ician-selling-without-a-product/#6044167a1049 ). I say selling you because during the “mining boom” it was wonderful and most ventures were successful with places to export the raw material, it was a modern day “gold rush” ( http://www.abc.net.au/radionational...he-mining-boom-that-changed-australia/7319586) .

That ended because China stopped growing in the double digit percent (http://www.bbc.com/news/business-36051327) rates correct. Well one could argue if you take into account factors like China during that period, investing behind the scenes in their own capabilities to mine from their own land(http://www.chinavtmmining.com/html/about_profile.php , http://www.news.com.au/travel/world...h/news-story/371376b9893492cfc77d23744ca12bc5 , ) . We think we have the only minable land, seriously are we that brain washed by the main stream media, I know I used to be.

During that period of the “mining boom”,



(http://www.abc.net.au/radionational...he-mining-boom-that-changed-australia/7319586)

What do we notice in the above graph?

Our manufacturing and agriculture abilities and or output level were decimated.

In summary we can’t produce anything (http://www.businessdictionary.com/definition/manufacturing.html) and can’t grow anything (https://en.wikipedia.org/wiki/Agriculture). In summary we can’t feed ourselves and can’t make machinery we need and we have become dependent, yet all that matters is we made money in the past.

Does this make sense; look at it from the other angle, in 2015, what is Chinas three top sectors, manufacturing, services and agriculture. (http://www.investopedia.com/articles/investing/091515/3-industries-driving-chinas-economy.asp)

With 1,383,648,631 people (http://www.worldometers.info/world-population/china-population/), they are able to sustainably feed and build relevant machinery to their people in addition to being able to provide the relevant services (http://www.investopedia.com/terms/s/service-sector.asp) to sustain the economy.

Regarding the service sector or the "knowledge economy," or the ability to surpass competitors by understanding what target customers want and need, and operate in a way that meets those wants and needs quickly with minimal cost. (http://www.investopedia.com/terms/s/service-sector.asp)

That definition remains the same regardless of its ill gains (http://www.csmonitor.com/World/Asia-Pacific/2016/0131/Why-China-hacks-the-world), for example hacking small Australian entities to gain their “knowledge” (http://www.abc.net.au/4corners/stories/2016/08/29/4526527.htm).

This is an Australia vs China analysis, but it can be done quite easily with other countries.

Australia is not perfect either as we are known to be a “Puppet State of America” (http://www.globalresearch.ca/australia-america-s-puppet-state/24459) like it or not. But more to the imperfection of Australia on a world scale beyond facts, incidents such as the “PNG Corruption” (http://www.smh.com.au/world/png-cor...ime-minister-peter-oneill-20140616-zs9tl.html), do not provide the nation with a saint like projection globally.

My analysis is, globalisation is great so long as you have the cheapest labour, usually if you have the cheapest labour you do not have the best conditions. So in a country that harvests its citizens for organs (http://www.stoporganharvesting.org/) it is unlikely in my mind they will have the best employment standards.

My future analysis based on reading this article, “Australia to capitalise on China's shift away from manufacturing to consumption” (http://www.abc.net.au/news/2016-04-13/china-shifts-from-manufacturing-to-consumption/7320066), is we are going to be taken advantage of again. Once Chinas gets to the point where they no longer need us for that industry( while they build up their own) , do you think it will be loyalty that will keep them purchasing from us, I present a scenario where once they understand our techniques and other countries, they will then take that “knowledge” and improve on it. It is odd to have this industry being pushed as Australia’s next pay day, as China’s third largest sector is agriculture, what is their motive I ask.

Here is one scenario, we won’t be able to feed or produce anything sustainably, and no one will want to purchase our minerals because it will be cheaper to buy it from China! The very country we sold everything to in the past will double cross us from a business point of view to put in nicely, due to globalism and its play book.

This is a brief analysis of globalism and the destruction of once prosperous nations, in the quest for a dollar.

In closing as China has grown what have we done as a nation? Do we have a space program yet?
 
An article about the German chemical company, BASF, was on the Wall Street Journal on 27 June 2022.

'Russian Gas Cuts Threaten World’s Largest Chemicals Hub’ by Georgi Kantchev.


“For years, BASF, one of the world’s largest chemicals companies, built its business model around cheap and plentiful Russian natural gas, which it uses to generate power and as feedstock for products that make it into toothpaste, medicines and cars.

Today, dwindling Russian gas supplies are proving a threat to the company’s vast manufacturing hub - the world’s largest integrated chemical complex spanning some 200 plants. Earlier this month, Russia started throttling back its supply of gas to Germany and other European countries.

In response, company executives are doing what was unthinkable just a few months ago: considering how to potentially shut down the complex if gas supplies fall further.

At BASF’s Ludwigshafen site-a city within a city with over 60 miles of roads, some eight restaurants and a wine cellar-natural gas is fed into an intricate system of pipes and spigots to reach plants making ammonia and acetylene, a compound used in plastics and pharmaceuticals.

At the heart of the Ludwigshafen operations are two steam crackers, one of which takes up an area the size of 13 soccer fields. These large furnaces-which are typically operated with natural gas “crack” naphtha, a petroleum product, into the basic components for subsequent production.

Germany’s VCI chemical industry association said the chemicals sector, the country’s largest industrial gas consumer, requires around 135 terawatt hours of gas a year.

The industry can save only two to three terawatt hours by using alternative fuels, VCI said.”
 
We are in 2022, Reset is underway.we aka the commoners could not travel for 3y, inflation is decimating our wealth, the aud is in free fall and we can not even grow lettuce at a reasonable price or find what we need in a shop torepair a house a car or machinery.
I find the above article a gem to read, 8 years after it was posted.
 
Dona Ferentes said:
An article about the German chemical company, BASF, was on the Wall Street Journal on 27 June 2022.
Click to expand...
What amazes me is that Western political leaders are allowed to get away with it.

It wasn't rocket science to foresee that relying in Russia for energy would end terribly. It was actually foreseen by more than a few and that goes back decades.
 
Smurf1976 said:
What amazes me is that Western political leaders are allowed to get away with it.

It wasn't rocket science to foresee that relying in Russia for energy would end terribly. It was actually foreseen by more than a few and that goes back decades.
Click to expand...
And our reliance on China for everything from corn, chemicals and medecines, frozen fish..even when from our ocean, absolutely everything, 3y of warning and still no real action, and China is one of the only communist country left, a country by essence trying to destroy the west.
If Putin is a bad boy, he remains an angel vs President Xi...
 
Last edited:
Smurf1976 said:
What amazes me is that Western political leaders are allowed to get away with it.

It wasn't rocket science to foresee that relying in Russia for energy would end terribly. It was actually foreseen by more than a few and that goes back decades.
Click to expand...
And the lesson from relying on the Gulf for petrol was not exactly positive either?
 
relying on Middle East for energy has had it's issues in the past as well

one thing we can learn from Russia , is the benefits of self-sufficiency and self-reliance
 
divs4ever said:
relying on Middle East for energy has had it's issues in the past as well
Click to expand...
Last time it was Iran and allies with oil. Now it's Russia with gas.

Other than that, it's extremely similar the overall setup.

Both involved a "dash" for the energy source in question in the years leading up to the crisis as it was seen as an easy option that avoided the engineering complexity, capital intensiveness and political difficulties of nuclear, hydro, coal etc. The result being an extensive fleet of near new equipment designed to use a now horrendously expensive and physically scarce fuel source.

Both are smashing mostly the same countries. Not fully but mostly.

History doesn't repeat but it sure does rhyme.
 
Smurf1976 said:
History doesn't repeat but it sure does rhyme.
Click to expand...
not as easy as it sounds trading on those rhymes , probably why i prefer to keep my profit running , instead of cashing out and re-entering later

the northern hemisphere storm season could be really interesting this year
 
Smurf1976 said:
What amazes me is that Western political leaders are allowed to get away with it.

It wasn't rocket science to foresee that relying in Russia for energy would end terribly. It was actually foreseen by more than a few and that goes back decades.
Click to expand...
I find it easy to assume Angela Merkel was a deep, deep agent, or so well played from the days of her East German formative years.

(Not that I believe in conspiracy theories)
 
The commentariat is all doom and gloom at present, how the West was outplayed.

A recent Bloomberg Businessweek article:
‘The U.S Industrial Complex Is Starting to Buckle From High Power Costs.’ ; authors, Joe Deaux and Naureen S Malik.
“It was only a matter of time, really.
Europe’s fertilizer plants, steel mills, and chemical manufacturers were the first to succumb.
Massive paper mills, soybean processors, and electronics factories in Asia went dark.
Now soaring natural gas and electricity prices are starting to hit the U.S industrial complex.”

And a local weekly, The Pain Report:
.... global energy markets are complex and interconnected, with unfathomable trillions invested in the infrastructure and transportation that keep your lights on and food on your table.
... the inconvenient truth is that each of us are hostage to the vagaries and vanity of autocrats in Russia and the Middle East.

And now, Ambrose Evans-Pritchard in The Telegraph:

Putin’s best chance for an energy knockout blow is right now​

A full-blown oil shock on top of the gas squeeze risks pushing the cost of living crisis to breaking point.
... talk within the Kremlin apparatus is that Russia must now take pre-emptive action, exploiting its energy lockhold to stop EU states rebuilding natural gas stocks before winter. “It is highly likely that no more gas at all is going to be flowing. The Russian leadership knows just how vulnerable Europe is,” a vice-Minister said.
.... Putin has good reason to think that Germany will throw Ukraine under a bus if the pressure is great enough."

... and going on to model $190 a barrel oil, or even $380 a bbl, if a full 5% reduction to global oil output occurs.

Iran is now in bed with Russia, and won't increase supply (no nuclear trade-offs for extra oil supply)


 
I was reading a commentary in a not too old article from the Financial Times on the ASX and its composition.

The great majority of stocks by value are mining, energy or related.

Anyone who invests on the ASX and isn't loaded up with the big miners, the big energy/oil/gas stocks and Gold is going to suffer very badly this coming northern winter.

Possibly even before then, as Putin is running out of options to win his war, all he has left is a nuclear strike or to turn off the gas spigot to Germany.

gg
 
Dona Ferentes said:
The commentariat is all doom and gloom at present, how the West was outplayed.
Click to expand...
the truth is the West outplayed themselves , they have been splashing around sanctions for decades , but at the same time let their own industries rot , and embraced cheap alternatives ( even when 'enemies ' supplied it )

for example the Sam Walton was a BIG driver in getting Walmart suppliers to source products from Asia and more specifically China , but you can't blame it all on Sam , other corporations made short-term decisions as well ( even in Australia )
 
In general the western world increasing the amount of purchasing from Asian nations has been wonderful for human kind, we have helped lift 100’s of millions of asians out of poverty. If the cost of lifting 100’s of millions of people out of poverty was some structural changes that caused some sectors in the western worlds economy to die of, then I think on par it’s a fair price.
 

unless you are one of those poor peasants that used to work on a car assembly line , or an an oil refinery in Australia , and there is some chance those 'lifted out of poverty ' Asians , aren't that far from the ugly shadow of entrenched poverty even now

and Japan ( with Abenomics ) proved cash balance abnormalities as long as they are contained in the national economies are only notional issues

and i am not so sure those 'structural changes in the West ' have been a good outcome ( either in the West or globally , not that Colonial Europe was any sort of high-water mark )
 
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