Debt Rattle May 8 2023

 

Home Forums The Automatic Earth Forum Debt Rattle May 8 2023

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  • #134866
    John Day
    Participant

    Pakistan is likely to pay for shipments of crude oil from Russia in Chinese yuan, local media reported on Saturday, citing government sources. The first cargo of 750,000 barrels is expected to dock as soon as in June.
    https://www.rt.com/business/575891-russia-pakistan-oil-payment-yuan/

    Iran’s non-oil trade with BRICS nations nears $40bn
    Non-oil trade between Iran and members of the BRICS alliance of emergent economies – Brazil, Russia, India, China, and South Africa – reached $38.43 billion in fiscal year 2022-23…
    This represents a 14 percent increase from the previous fiscal year.
    China remains Iran’s main trade partner in the BRICS alliance, with $30.32 billion in trade, an increase of 37 percent. India comes next with $4.99 billion, a 47 percent hike; Russia follows with $2.32 billion, Brazil with $466.55 million, and South Africa with $322.04 million.
    https://thecradle.co/article-view/24549/irans-non-oil-trade-with-brics-nations-nears-40bn

    California Defaults On $18.6 Billion In Debt, Saddling Employers With The Expense
    “The state should have taken care of the loans with the COVID money it received from the government in 2021,” said Marc Joffe, policy analyst.
    https://www.zerohedge.com/political/california-defaults-186-billion-debt-saddling-employers-expense

    White House Warns Default An “Entirely-Avoidable Economic Catastrophe” [Does this mean they’ll do it this time?]
    “Virtually every analysis we have seen finds that default leads to an immediate, sharp recession on the order of the Great Recession,” the CEA concludes.
    https://www.zerohedge.com/political/white-house-warns-default-entirely-avoidable-economic-catastrophe

    #134867
    Celticbiker
    Participant

    Anglo Saxon has nothing to do with neocon, just like ‘astronauts’ never set foot on the moon, with their fuckin golf cart. Tell Lie Vision, its called programming for a reason.

    #134868
    Oroboros
    Participant

    #134895
    Noirette
    Participant

    The ‘democratic’ structures, institutions in the ‘Collective West’ are no longer functioning.

    In times of economic growth, many arrangements can pass for accepted doctrine, can become ‘law.’ Common pragmatic ways-of-doing, not to forget friendly tolerance, are upheld, consensus is high, ppl are happy…

    The structures, procedures, habits, adopted slogans, are now empty shells, the walls and characters held up by demonstrably ersatz props, just like the movie sets in the 70’s – fake frontage, buildings, mocked-up stunts, dubbed speech, fash ppl playing cool, spooky rebels, etc. That’s all fine if it is just a fashion thingie, money-making, new products, new stars, sexy garbs, pounding lyrics, etc. *many* might say.

    The glam is gone.. senile Biden and debilic Harris on the front stage, spell: either the USA has totally lost its way (the US lovers around me say it is so, shake their heads, and hope Obama can be Prez. again! or maybe Michelle!) or the behind-the-scenes people running the show can’t, or so it seems, find and install convincing figureheads.

    In the US! With its fantastic pool of actors, stellar Hollywood movies, etc.

    In France, Parliament is a sham, they don’t vote. Or only in small numbers that are sorta pre-arranged, surprise, the vote turns out to be pro-Macron. A type of ‘Executive order’ is actioned if the vote ‘fails.’ The ‘elected’ Parliamentarians want to keep their posts.. ..Other ex. Baerbock, Foreign Min. Germany, saying I don’t care what the German ppl say or want, I support UKR. 100% (or words to that effect) on public TV.

    The W world is now facing a split between the ‘Elites’ …

    Some of the Mega Rich, Top Pols, Corps with Clout (MIC, big Pharma, big Chem, Agri..), ‘globalists’, the 20%, landowners, those who control information aka MSM, others could be added…

    vs. the rest

    Nation-states, National pride etc. are still touted to keep us plebs quiet and in line.

Viewing 4 posts - 41 through 44 (of 44 total)
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