Check this out here. You won’t see it many other places…
Has the ring of truth about it to me, but what would I know?
Well I know my govt has consistently lied to me and denied me treatment and crippled my doctors and banned free speech and spent 600 billion dollars of our money in the last two years……
and after viewing this I feel I know a little more…
https://nexusnewsfeed.com/article/human-rights/on-the-osce-s-claims-of-russian-war-crimes/
Our completely unnecessary Covid measures and our blind panic and our feeding of the American disinformation machine and Big Pharma have caused harm and distress all over the globe.
Well here’s another example I just read about today. Sri Lanka isn’t too rich and it is not too smartly handled (sounds like a lot of other places) and it depends heavily on tourism.
Which our covid madness destroyed. And that has destroyed Sri Lanka.
Which means the fat cats there are fine. But the people are going to be impoverished, lose homes etc, go into debt, get hungry, even starve and govt services will be rundown often to nothing, nowhere, which, you understand means such things as hospitals and medicine generally.
Done a right good job, eh, while we were walking around with our useless masks and poisoning ourselves with a dangerous injection.
Here, this is from ‘boomfinanceandeconomics’ but I’ve extracted this story to make it easier.
http://boomfinanceandeconomics.com/#/
SRI LANKA DEFAULTS
COVID PANIC IS CAUSING COVID CHAOS
If you look at the Wikipedia entry for “Politics of Sri Lanka” you will find this summary –“Civil society participation in decision-making and opinion-shaping is very poor in Sri Lanka. Professionals, civil society groups, media etc. do not play a significant role in Sri Lankan politics and, as a result, many aspects of the lives of ordinary citizens are politicized.” They should pay more attention.
Last week, Sri Lanka has reneged on its bond coupon repayments, effectively putting the nation into default on its sovereign bonds issued to foreign investors. The panic reaction to Covid in 2020 from the governments of many nations has caused this terrible predicament. Over the last 2 years, since the Covid panic erupted, the Sri Lanka’s critical tourism industry has been devastated. Thus, it has been unable to earn sufficient foreign currency which it needs to repay its debt commitments to external investors. Its balance of trade, which has been in strong deficit for the last 20 years, has declined markedly this year. As well as being unable to repay its external debts, Sri Lanka cannot now pay for many essential imported items such as fuel, food and medical supplies. At least 50 % of its energy is sourced from external nations who expect and demand payment in currencies other than the Sri Lankan currency.
Recently, the governor of Sri Lanka’s central bank, P. Nandalal Weerasinghe said — “We need to focus on essential imports and not have to worry about servicing external debt. It has come to a point where making debt payments is impossible.” So Sri Lanka is now seeking a loan from the IMF (International Monetary Fund).
Poor leadership has consequences. Let’s look at the economic situation.
Sri Lanka’s annual CPI inflation rate is rapidly rising and is now at 18.7 %. The central bank has had to raise its key interest rate from below 6 % to almost 14 % in the last month. Its foreign exchange reserves are falling rapidly towards Zero.
The country has foreign debt payments of around $4 billion due this year, including a $1 billion international sovereign bond maturing in July. A coupon payment of $ 78 million is due on Monday 18th April (tomorrow) for two of its bonds that mature in 2023 and 2028, (though there is a 30-day grace period). Its current Debt to GDP ratio is 100 %. Sri Lanka has never previously defaulted on its debt. Prior to the crisis, Sri Lanka’s annual GDP (expressed in US Dollars) was approximately US$ 82 Billion.
The government has run a budget deficit persistently for many years spending more than it receives in taxation revenues and covering the gap by issuing bonds to investors. So it has run a large budget deficit and a large trade deficit while borrowing endlessly. This would be OK if there was great confidence in its currency and confidence in the nation’s ability to generate better economic prospects in the future. So let’s look at confidence in its currency. This is, as they say, where the rubber meets the road.
The Sri Lankan currency, the SL Rupee known as the LKR, has been in steady decline against the US Dollar for over 40 years. In 1980, 15 Rupees purchased one US Dollar. Early this year, 200 Rupees were required in exchange for one Dollar. In the last month, it has dramatically collapsed by a further third in price due to a devaluation by the Government. Now, 325 Rupees are required to purchase one US Dollar in the foreign exchange market.
The Sri Lankan share market has now ceased trading (presumably only for 5 days). The 22 Million people of Sri Lanka are now experiencing a dramatic collapse of their living standards. Lack of food, energy and medicines is imminent. Electricity supplies are haphazard because imports of oil have stopped and oil is needed to run its thermal power plants which supply about 40 % of the national electricity supply. Coal and oil are the major sources of energy with Hydro contributing about 18% of the total. Total energy generation has plunged by 22.7 % since January.
In March, school examinations had to be cancelled due to a lack of paper. On 1st April, protestors attempted to break into the President’s house. On 4th April, the entire Cabinet of the Government resigned. Protestors are demanding the resignation of the President.
China is the largest holder of Sri Lankan sovereign bonds but appears to own only 10 % of the total on issue.
In BOOM’s estimation, Sri Lanka must now decide between the IMF (a US Proxy) and China/Russia/India to ensure its future. BOOM expects it to choose the China team because that will help solve its perpetual energy crisis. The energy super suppliers of Russia and Iran can come to its aid rapidly in return for Sri Lankan currency if Sri Lanka and China request such aid.
At the end of the day, no economy can function without a reliable energy supply and without confidence in its financial management and its currency. Without those, every economy plunges from complexity back into an agrarian situation based upon agriculture and dependent upon manual labor
I have been loudly screaming for some time about the $1 Trillion debt the govt has rung up to saddle us with.
500 BILLION dollars per year I scream. Over the last two years of Covid.
Rubbish. I had it all wrong. We already had a large debt before the Covid thing. From somewhere I got the idea we didn’t. I thought we were at taws. Nonsense. Nothing like it.
Back in early 2019 we had a debt already of something like 400 Billion dollars.
The government has only more than doubled it.
They didn’t ring up $1,000,000,000,000 in the last two years at all. I was completely wrong. Sorry.
They only rang up $500,000,000,000. HALF a trillion. My mistake.
They only more than doubled the existing debt which had taken decades to build: in two short years. Two short years of producing nothing but constraint, restraint, madness, illogicality, unreason, deprivation, injury, harm, removal of democratic freedoms.
Sorry. Let’s get the story straight, my mistake – the truth is:
That’s the truth. Sorry I got it wrong.
I recommend checking this out to see for yourself:
Here’s a wonderful article about how it Really Is.
And actually quotes some names of those manipulating everything and everyone: Antony Blinken, Victoria Nuland, and her husband, Robert Kagan
Look them up. I will.
Here’s the article in Takimag:
Here is the truth I’d say. Read it carefully, check and think. The truth.
The truth that Putin had no choice
The truth that Ukraine (prompted, backed by USA) was already making war.
The truth that Putin has legal Internation Law on his side
The truth that the West is breaking that same law with it’s arming of Ukraines.
The truth that it is madness arming civilians for – doesn’t anyone bloody see this ? – it makes irregular combatants out of them, liable to be shot on sight, combatants without military structure, leadership, planning – and liable at any time to turn on each other…
And a whole lot more. It’s in three parts. Lead up. The War. Conclusions. I’m only nearing the end of Part 2 right now. But this is so good and real and sensible and obviously truthful that I feel it’ll probably be taken down within minutes.
So I want to post about it without losing any time:
So here it is:
The Real Facts about Ukraine
Former NATO Military Analyst Blows the Whistle on West’s Ukraine Invasion Narrative
There’s folks still walking around wearing masks and believing in them.
Inflicting them on children. Inflicting the sight/sound of this world on children.
I’d guess they’re going to pretty cranky when they realise how they’ve been conned. To the tune of 1 trillion in Australia for instance.
Here’s a demo a couple of US Marines put on for us that we can all understand:
the marines and their mask test
Snoqualmie Valley Marines Testing Masks with Bear Spray 40,130 views Feb 8, 2022
Except California which is going tyrannical authoritarian.
Malone starts this by listing international concerns which I’d say were actually the things we all ought to be focusing on.
Further evidence of the widespread failings in our govt and medical establishment, perverted and corrupted as they are by the machinations of big pharma.
Here’s a cancer cure – not all cancers all the time, but some cancers some of the time, quite definitely, not a rumour, not a beat up, not a dream:
Who could possibly argue that the ‘universities’ and ‘colleges’ referred to in this article are educational institutes?
Who would ever argue they are fit places for thinking people to visit?
For students to go to for learning?
They are self evident sink holes of intellectual paucity to the nth degree.
https://mailchi.mp/tomwoods/democracy-322629?e=cd4e8833d4
