Debt Rattle September 7 2015
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Dorothea Lange Saturday afternoon, Pittsboro, North Carolina Jul 1939 • Father Of The Euro Fears EU Superstate By The Back Door (AEP) • UN Agencies ‘B
[See the full post at: Debt Rattle September 7 2015]“They all knew about it … but they just let it go.”…..As a key euro area member, Germany had the responsibility to help enforce the fiscal and financial treaty obligations binding the countries where the euro serves as a legal tender.
This is a German thingy…to flesh it out, see “They Thought They Were Free” by Milton Mayer. The more things change…..
Ilargi – I thought of you as being one of the few able to read between ALL the lines here. I found this article horrifying enough – but then they added one at the end I’d never heard of before. Japan is well on the down curve; not much in the news, and the Owners have full license to do any bloody thing they want – and they’re doing it. Not included right here is that families on welfare in Japan are at a record high.
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“Wages for temporary workers hit record high”
Biz / Tech Sep. 6, 2015 – Updated 19:30 UTC-5“A private research firm says businesses in Japan are offering record-high wages for their non-regular workers.
“An employment information firm Recruit Jobs looked at pay rates in help-wanted advertisements in 3 metropolitan areas in central and western Japan. Officials at Recruit Jobs say the average hourly wage for July stood at about 13-and-a-half dollars, up nearly 4 percent in yen terms from a year earlier.
“System engineers saw the highest rise of about 4.3 percent to 17 dollars an hour.
“The officials say staff shortages are widespread, but especially in IT-related businesses.
“This comes as managers try to hire more IT-related engineers. The move is to prepare for a system that will assign ID numbers to all Japanese citizens, to be launched in January.
“The officials say temporary workers can expect to earn relatively high wages for some time.”
https://www3.nhk.or.jp/nhkworld/english/news/20150907_11.html
$17/hour for systems engineers !!!!
Greenpa,
that’s what deflation looks like.
it’s not falling prices.
it’s falling wages, falling employment, falling investment returns, and then down the line prices fall too, because nobody’s there to buy anything anymore.
The Popes – for around 20 years now – have been deliberately ignoring the plight of Christians in the Middle East. It was not always like that. It used to be that they criticised Israel’s behaviour in quite a rigorous way.
My interpretation of their lack of backbone is that the Israelis have a huge file on all the paedophilia that has been going on in the Catholic Church and that they are in a position to threaten the foundations of the Vatican. They certainly have excellent access to the MSM and Hollywood. Just look at how the previous Pope had to be side-shunted because of his suspect past.
Let’s not forget that the Vatican is above all a political institution – a very old one.
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