From Global Depression to Global Governance

The role of the corporate elites’ secretive global think tanks

by Andrew Gavin Marshall

We now stand at the edge of the global financial abyss of a ‘Great Global Debt Depression,’ where nations, mired in extreme debt, are beginning to implement ‘fiscal austerity’ measures to reduce their deficits, which will ultimately result in systematic global social genocide, as the middle classes vanish and the social foundations upon which our nations rest are swept away. How did we get here? Who brought us here? Where is this road leading? These are questions I will briefly attempt to answer.

At the heart of the global political economy is the central banking system. Central banks are responsible for printing a nation’s currency and setting interest rates, thus determining the value of the currency. This should no doubt be the prerogative of a national government, however, central banks are of a particularly deceptive nature, in which while being imbued with governmental authority, they are in fact privately owned by the world’s major global banks, and are thus profit-seeking institutions. How do central banks make a profit? The answer is simple: how do all banks make a profit? Interest on debt. Loans are made, interest rates are set, and profits are made. It is a system of debt, imperial economics at its finest.

EU to back sale of meat and milk from cloned animal offspring

The sale of meat and milk from the offspring of cloned farm animals is set to be backed by EU Commissioners despite mass consumer opposition.

A huge majority of the public is against clone animal farming, according to studies in Britain and across Europe.

Concerns surround the ethics of the process, the welfare of the animals and a lack of research on food safety. However, a leaked report to be discussed by the EU’s College of Commissioners today comes out in favour of food from the offspring of clones.

A new report suggests that the offspring of cloned animals could be consumed 

ΟΙ ΒΡΕΤΤΑΝΟΙ ΧΑΝΟΥΝ ΤΙΣ ΔΟΥΛΕΙΕΣ ΤΟΥΣ ΑΠΟ ΤΟΥΣ «ΜΕΤΑΝΑΣΤΕΣ»

The number of foreign workers has increased by 114,000 in the last year – while people born in Britain continued to lose their jobs.

Figures from the Office for National Statistics show workers born overseas were the beneficiaries of the early stages of the economic recovery.

There are now 3.85million workers who were born abroad. At the same time, the UK-born workforce fell by 15,000, to 25.08million.

A Jobcentre in Westminster, London: The number of people without a job has fallen in the last quarter but the majority of beneficiaries are not British-born

The figures cover the last days of the Labour Government – which promised to deliver ‘British jobs for British workers’.

ΟΛΟΚΛΗΡΗ Η ΣΥΝΕΝΤΕΥΞΗ ΤΟΥ ΣΠΟΝΣΟΡΑ ΤΗΣ ΠΑΓΚΟΣΜΙΑΣ ΚΥΒΕΡΝΗΣΗΣ Γ.Α.ΠΑΠΑΝΡΕΟΥ

Greece is the epicenter of the latest crisis of globalization — the sovereign debt crisis. That country’s prime minister, George Papandreou, has emerged as a key leader and thinker of the responsible left as he faces the challenge head on.

In this wide-ranging interview conducted in Athens last week by Global Viewpoint/NPQ contributing editor Michael Skafidas, Papandreou illustrates his firm grasp of the complexities of interdependence that link the pensions of Greek civil servants to rising consumer demand and labor rights in China to the viability of the European Union itself.

Above all, Papandreou is a defender of the idea of democracy born centuries ago in ancient Athens. In his view, globalization must be tamed so it serves democracy, not the market.

ΤΑ ΜΕΤΡΑ ΛΙΤΟΤΗΤΑΣ ΤΗΣ ΚΥΒΕΡΝΗΣΗΣ ΤΟΥ ΓΑΠ ΣΥΡΡΙΚΝΩΝΟΥΝ ΤΟ ΑΕΠ,ΦΤΩΧΑΙΝΟΥΝ ΤΗΝ ΕΛΛΑΔΑ ΚΑΙ ΤΟΥΣ ΕΛΛΗΝΕΣ

Greece’s economy has shrunk by a further 1.5 per cent in the second quarter of the year, as the country felt the painful consequences of the government’s drive to reduce its debts with aggressive austerity cuts.

Official figures released by the country’s statistics agency on Thursday also showed the unemployment rate rising to 12 per cent in May, from 11.9 per cent in the previous month.

Greece’s gross domestic has now fallen 3.5 per cent since this time last year, while the number of people out of work is up significantly from 8.5 per cent in May 2009.

«The fall in investment and the significant reduction in public consumption contributed to the reduction of gross domestic product,» the agency said.

Η ΟΙΚΟΝΟΜΙΚΗ ΚΡΙΣΗ ΤΗΣ ΕΥΡΩΖΩΝΗΣ ΕΠΙΣΤΡΕΦΕΙ!

Read more: http://www.businessinsider.com/chart-of-the-day-credit-default-swap-spreads-2010-8?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheMoneyGame+%28The+Money+Game%29#ixzz0wQ7UjeCd

ΚΙΝΔΥΝΟΣ ΓΙΑ ΤΗΝ ΠΑΓΚΟΣΜΙΑ ΟΙΚΟΝΟΜΙΑ Η ΚΙΝΕΖΙΚΗ ΦΟΥΣΚΑ ΤΟΥ REAL ESTATE

Risk To Global Economy – China’s Real Estate Bubble About To Burst

Two years after the U.S. subprime crisis, China is seeing its own real estate bubble as a result of massive state stimulus programs. Many economists are warning it could burst soon, with unpredictable results for the global economy.

An interminable sawing, screeching, drilling and hammering rips through the oppressive summer heat and humidity in the northern Chinese city of Tianjin. Here, on the city’s dusty outskirts, hundreds of new apartment buildings and houses in every imaginable style are springing up.

In an air-conditioned showroom, salespeople in yellow uniforms take potential buyers on tours of the facility. «In one year, we already sold 90 percent of North America, Asia and Europe,» customer consultant Qi Yunbu says proudly. «Now we’re preparing Africa, Oceania and South America for sale.»

«Xingyao Wuzhou,» loosely translated as «Shining Star over Five Continents,» is the name of this Chinese blend of Dubai and Disneyland, a €2.3 billion ($3 billion) development designed to imitate the world map. The gigantic residential and leisure complex is being built around and within an artificial lake.

The developers apparently want to make sure that the residents of this aquatic paradise will lack for nothing. The plans include the world’s largest indoor ski center, golf courses, a seven-star hotel, the world’s largest musical fountain and miniature replicas of famous structures like the Tower Bridge in London and San Francisco’s Golden Gate Bridge.

Ερμαιο στα χέρια των κερδοσκόπων η δημόσια κτήση

Του ΓΙΩΡΓΟΥ ΒΟΤΣΗ

Παραζαλισμένοι από τις κατραπακιές της «τρόικας», που πέφτουνε βροχή, κινδυνεύουμε να μην παίρνουμε καν χαμπάρι τα χειρότερα.

Στα μουλωχτά, χωρίς ενστάσεις, εντάσεις και σοβαρές αντιδράσεις, πέρασε από την κατατονική Βουλή, της πλήρους υποταγής και της θερινής ραστώνης, και παντελώς απαρατήρητη από τα ΜΜΕ της επιλεκτικής ευαισθησίας, μια νομοθετική ρύθμιση που, σε άλλες συνθήκες και εποχές, θα προκαλούσε σάλο:

Μια απλή τροπολογία (!) σε νομοσχέδιο του υπουργείου Οικονομικών οπλίζει με απεριόριστες εξουσίες τη Διυπουργική Επιτροπή Αποκρατικοποιήσεων να βγάζει κυριολεκτικά «στο σφυρί», με συνοπτικές διαδικασίες και ανέλεγκτα, όλα τα περιουσιακά στοιχεία του Δημοσίου – επιχειρήσεις και ακίνητα.

Επόμενος στόχος του Γιώργου και της διαπλοκής είναι η ΔΕΗ

• Τις επόμενες ημέρες θα καταστρώσουν το σύστημα του «κοινωνικού αυτοματισμού» που θα ακολουθήσουν, για να μπορέσουν να δημιουργήσουν και πάλι εμφυλιοπολεμικό κλίμα ανάμεσα στους Έλληνες πολίτες και να κρυφτούν ταυτόχρονα οι κυρίως υπεύθυνοι και οι… εργοδότες τους

Καμία απολύτως σχέση και πουθενά στο Μνημόνιο δεν υπάρχει αναφορά για πωλήσεις Μονάδων της ΔΕΗ. Το θέμα των πωλήσεων Μονάδων τίθεται από «συγκεκριμένους κύκλους» μέσα από την ίδια τη χώρα εδώ και καιρό, από ιδιώτες που εποφθαλμιούν τον πλούτο που δημιούργησε η ΔΕΗ και θέλουν να τον αποκτήσουν για να κερδοσκοπούν μέσω των λογαριασμών 7.500.000 καταναλωτών ηλεκτρικής ενέργειας.
Η όποια πώληση Μονάδων της ΔΕΗ καμία απολύτως επίπτωση και σχέση δεν έχει με το Δημόσιο Χρέος της χώρας. Η ΔΕΗ αναπτύσσεται συνεχώς μόνη της και στηρίζεται στις δικές της οικονομικές δυνάμεις. Η πιστοληπτική της ικανότητα είναι πολύ υψηλή και πάντοτε προσέλκυε τις τράπεζες που ποτέ δεν είχαν πρόβλημα με τη ΔΕΗ.

ΤΑ ΜΕΤΑΛΛΑΓΜΕΝΑ ΣΤΟ ΨΥΓΕΙΟ ΣΑΣ-Monsanto: The evil corporation in your refrigerator

When we consider the rogue’s gallery of devilish, over-sized, greedy and disproportionately powerful corporations, we generally come up with outfits like Microsoft, Bechtel, AIG, Halliburton, Goldman-Sachs, Exxon-Mobil and the United States Senate. Yet somehow, Monsanto, arguably the most devilish, over-sized, greedy and disproportionately powerful corporation in the world has been able to more or less skulk between the raindrops — only a household name in households where documentaries like Food Inc. are regarded as light Friday evening entertainment. My house, for example. But for the most part, if you were to ask an average American for their list of sinister corporations, Monsanto probably wouldn’t make the cut.