NATO nagusi
Parraplasak, txoriburu kaskarinak, astakiloak, den-denak NATOren atzean
Sarrera gisa, ikus Scott Ritter: zenbait bideo (2)
Segida: Ekonomia pixka bat
Switzerland freezes $8 Billion1 in Russian assets. Clearly, ‘Swiss neutrality’ is just an empty marketing sloagn.
oooooo
Irish Politician EVISCERATES Pro-Ukraine Warmongers & NATO
youtube.com
Irish Politician EVISCERATES Pro-Ukraine Warmongers & NATO
Clare Daly is an Irish representative in the European Parliament, and among the few willing to speak out against NA
oooooo
Ellis Winningham@elliswinningham
The economy is never booming. It hasn’t “boomed” in several decades because it hasn’t been allowed to. It is time for a new mainstream economic narrative. It is time for a people’s economy. It is time for #MMT
oooooo
You have to love the Twitterati denouncing Chomsky for urging Zelensky to accept reality rather than instigate World War III. It doesn’t occur to any of those sofa samurai to pick up a rifle and a backpack and go fight themselves. No, their heroism involves somebody else dying.
Api. 16
Chomsky is just astonishingly ignorant about the world twitter.com/geogvma/status…
Erakutsi haria
oooooo
Chancellor Olaf Scholz never thought of suggesting that.
Txioa aipatu
UKR REPORT@UKR_Report
api. 16
MARINE LE PEN – THE US SHOULD PAY FRANCE FOR LOSS OF RUSSIAN GAS
oooooo
Zizek: As silly and as uninsightful as ever. He obviously has absolutely no idea what a Nazi is. Love the “even Orban” bit.
Txioa aipatu
Populism Updates@PopulismUpdates
api. 16
Meanwhile Zizek on Russia: “When Putin talks about denazification, we must remember this is the same Putin who for years supported Marine Le Pen in France, Lega and Salvini in Italy, Alternative for Germany, even Orban in Hungary, who has shown remarkable understanding for Putin”
Erakutsi haria
oooooo
In the UK support for anti Russian sanctions has fallen from %50 to 36%. Telegraph April 16.
oooooo
The Russian Ruble is now at 79.1 to the dollar.
oooooo
“We don’t want your stinking gas, and we’re not going to pay for it in rubles, but give it to us at a discount!” https://politico.eu/newsletter/brussels-playbook/olaf-vs-le-pen-france-and-the-headscarf-draghis-gas-plan/
oooooo
Like I’ve been saying for months…US exports of petroleum and natural gas for the benefit of foreigners and US oil companies, is costing American consumers more and more. Plenty of oil, but all being exported, leaving less for domestic consumption
ooooooo
There’s billions $$ for Ukraine, no questions asked. But you need to feed your kids? Inflation killing your purchasing power? No healthcare? Gas expensive? Go f*ck yourself. The gov’t doesn’t give a sh*t about you, just keep arming Ukraine and STFU.
oooooo
Deliberately creating mass unemployment now would be the work of vandals and New Keynesians –
bilbo.economicoutlook.net
Deliberately creating mass unemployment now would be the work of vandals and New Keynesians
oooooo
IMF and World Bank at odds with each other over interest rate hikes –
oooooo
The head of the British Treasury will not attend a number of events within the framework of the G20 meeting due to Russia’s participation in it, reports Reuters. Now that they have realized that it’s impossible to isolate Russia, Anglo-Saxons turn into hysterical crybabies
oooooo
Washington wants the Ukrainian crisis escalate into a direct conflict between NATO and Europe with Russia. – European Official.
oooooo
erabiltzaileari erantzuten
Txioa aipatu
James Melville@JamesMelville
api. 8
All war atrocities are inhumane. But some are conveniently forgotten. This is what happened to Mosul, Iraq, (population of 3 million) after US and UK military interventions.
oooooo
How Democracies Spy on Their Citizens https://newyorker.com/magazine/2022/04/25/how-democracies-spy-on-their-citizens?
Honen bidez: @NewYorker
oooooo
Russia and China are working on supply chains, settlements in national currencies — MFA
ooooooo
The $$ keeps flowing endlessly to Ukraine. No problem. You have no job? No healthcare? Can’t pay your rent? Can’t afford to buy a home? Gas? F*ck you. No money.
oooooo
Economist correspondent whitewashing nazis. Now Azov are “more complicated”
Txioa aipatu
Oliver Carroll@olliecarroll
api. 20
Note some Russian / tankie accounts activated over my reporting from Azov commander. So here we go: In early days, Azov firmly associated with far right. Now? It’s more complicated.
They’ve professionalised, filtered out great deal of extremists. (#1 Continues —>) twitter.com/olliecarroll/s…
Erakutsi haria
oooooo
Hmmm, this is odd. Turkey, a NATO member-state, has launched an invasion of Iraq. Not one word yet from NATO and EU representatives, voices still hoarse from two months of screaming at Russia.
oooooo
China’s Economists Are Getting Into Modern Monetary Theory
Bloomberg News 22 Apr 2022
China’s Economists Are Getting Into Modern Monetary Theory (bloombergquint.com)
Modern Monetary Theory can inspire China to make sure central bank easing supports government spending, several prominent economists said, as Beijing turns to fiscal policy to boost economic growth. China urgently needs to “liberate” itself from traditional ideas that fiscal and monetary policy must be kept separate and that government deficits are bad, according to Liu Shangxi, head of the Chinese Academy of Fiscal Sciences, a think tank under the Ministry of Finance.
“Modern monetary theory at least sheds a ray of light for us to solve real conundrums and discuss what’s considered taboo in the past,” Liu said during a webinar last week.
The unconventional school of thought argues that countries borrowing in their own currencies don’t face hard debt limits because they can’t go broke. Central banks should print money to pay the debt interest, proponents say. The theory is under the spotlight since China is relying more on fiscal stimulus and infrastructure investment this year to shore up growth battered by Covid outbreaks. Local governments though are facing a fiscal crunch because of a plunge in land sales, a major source of revenue, constraining their ability to spend and forcing them to borrow more.
“MMT is an important point of reference for China in strengthening the linkage between fiscal and monetary policy,” Guan Tao, a former official at the State Administration of Foreign Exchange, said at the same webinwebinar last week
Fiscal Gap
Even though it plans to increase fiscal spending this year, China reduced its official budget deficit target to 2.8% of gross domestic product from 3.2% in 2021 by drawing on savings from previous years. The deficit cut reflects old-fashioned financial thinking that the government should aim to balance its budget, but in reality China is already transitioning to functional finance, where fiscal spending is set based on the economy’s need instead of expected revenue, Liu said.
Authorities have already called for better-linked fiscal and monetary policies this year. The PBOC has transferred 600 billion yuan ($93 billion) of profit to the central government to boost money supply to the economy, and recently asked banks to buy local government bonds to supports investment projecs.
oooooo
Read More on the Topic
MMT Makes Inroads in China With Calls for Bigger Fiscal Stimulus2
An MMT Economist Explains Why China Should Boost Fiscal Spending3
Another MMT Idea That More And More Governments May Embrace4
oooooo
China’s central bank accepts government bonds as collateral for short-term loans to banks but doesn’t buy them directly as central banks in the U.S., Europe and Japan do, a tool known as quantitative easing, which can keep government debt servicing costs low.
Liao Qun, Chongyang Institute for Financial Studies at Renmin University of China, wrote this week that the PBOC could go further and use “quantitative easing operations close to those advocated by MMT” if the need arises.
Yu Yongding, a former policy adviser to the PBOC, acknowledged that MMT is an idea that China could learn from, and proposed that the central bank buy government bonds from commercial banks in the open market when the economy is growing slower than its potential. That would help lower the government’s interest burden, he said.
The Chinese government hasn’t endorsed MMT, with some officials hinting its more appropriate for high-income economies like the U.S. Lu Lei, deputy director of China’s foreign exchange regulator SAFE, told a forum in Beijing this month that “developed countries have pushed modern monetary theory to center-stage,” but added that China should develop its own monetary theories.
©2022 Bloomberg L.P
oooooo
Modern Monetary Theory (MMT) eta Txina
Txina: merkatu ekonomia sozialistaz hitz bi
Txina aztertzen MTM-ko lente baten bidez
oooooo
Modern Monetary Theory (MMT) eta Errusia
Neil Wilson (New Wayland)
Neil Wilson-en Anatomy of an FX Transaction
(https://new-wayland.com/blog/anatomy-of-an-fx-transaction/)
Transakzio orokorra: NOK, GBP, USD
Neil Wilson-en Rouble Gas Payments are probably a False Flag
(https://new-wayland.com/blog/rouble-gas-payments-false-flag/)
Errubloak eta euroak: transakzioak
Errusiaren gaineko zigorrak eta MTM
https://www.unibertsitatea.net/blogak/heterodoxia/2022/03/02/errusiaren-gaineko-zigorrak-eta-mtm/
Errusiako Toketa fiskala
https://www.unibertsitatea.net/blogak/heterodoxia/2022/03/17/errusiako-toketa-fiskala/
Neil Wilson-en Errubloari buruzko burrunbak segitzen du
Nola ordaintzen den errusiar gasa
https://www.unibertsitatea.net/blogak/heterodoxia/2022/04/04/nola-ordaintzen-den-errusiar-gasa/
Errusiako errubloak libratzen du klausula
1 Amerikar bilioi bat = mila milioi europar
