Schep een Wereldcrisis om een Wereldregering aan te stellen
Het volgende is een stukje uit een nog te publiceren boek van Andrew Gavin Marshall over 'Global Government', Global Research Publishers, Montreal. Voor meer van deze auteur over de economische crisis en het wereldbestuur, kijk naar het onlangs uitgebrachte boek van Global Research: "The Global Economic Crisis: The GREAT DEPRESSION of the XXI Century," Michel Chossudovsky en Andrew Gavin Marshall (Redacteurs), waarin de auteur drie hoofdstukken bijdroeg aan de geschiedenis van centrale banken, de opkomst van een wereldvaluta en centrale Wereldbank, en de politieke economie van de wereldregering.
Washington has increased the federal minimum wage more than 20 times since it was created during the GREAT DEPRESSION. But those bumps have not been sufficient to keep the wage law current with inflation.
As a result, today’s minimum wage of $7.25 (set in 2009) is actually lower than it was in 1956, after factoring in rising prices over the decades, according to a recent report from the Congressional Research Service (CRS).
State and local governments nationwide have struggled to accommodate a homeless population that has changed in recent years - now including large numbers of families with young children. As the WSJ reports, more than 21,000 children - an unprecedented 1% of the city's youth - slept each night in a city shelter in January, an increase of 22% in the past year; as homeless families now spend more than a year in a shelter, on average, for the first time since 1987. New York City has seen one of the steepest increases in homeless families in the past decade, advocates said, growing 73% since 2002, and "is facing a homeless crisis worse than any time since the GREAT DEPRESSION."
China's economic growth is sputtering, the Euro is under threat, and the United States is combating serious trade disadvantages. Another GREAT DEPRESSION? Not quite. Noted economist and China expert Michael Pettis argues instead that we are undergoing a critical rebalancing of the world economies. Debunking popular misconceptions, Pettis shows that severe trade imbalances spurred on the recent financial crisis were the result of unfortunate policies that distorted the savings and consumption patterns of certain nations. Pettis examines the reasons behind these destabilizing policies, and he predicts severe economic dislocations, a lost decade for China, the breaking of the Euro, and a receding of the U.S. dollar that will have long-lasting effects. Pettis explains how China has maintained massive but unsustainable investment growth by artificially lowering the cost of capital. He discusses how Germany is endangering the Euro by favoring its own development at the expense of its neighbors. And he looks at how the U.S. dollar's role as the world's reserve currency burdens America's economy. Although various imbalances may seem unrelated, Pettis shows that all of them -- including the U.S. consumption binge, surging debt in Europe, China's investment orgy, Japan's long stagnation, and the commodity boom in Latin America are closely tied together, and that it will be impossible to resolve any issue without forcing a resolution for all. Demonstrating how economic policies can carry negative repercussions the world over, The Great Rebalancing sheds urgent light on our globally linked economic future.
Ministers today admitted Britain is facing “very, very grave difficulties” after figures showed the economy did not grow at all in 2012.
Economists from the Royal Bank of Scotland said the last four years have produced the worst economic performance in a non post-war period since records started being collected in the 1830s.
“It’s the worst economic performance since at least 1830, outside of post-war demobilisations,” he told The Daily Telegraph. “It’s worse than the 1920s, it’s worse than the GREAT DEPRESSION.”
