2021년 12월 25일 토요일
조선일보
국민 네 명 중 세 명 ‘反中’인데… 文정부는 왜 역대급으로 중국에 순종할까 [송의달 LIVE]
hard****
금치산자 문재인은 후견인이 시진핑 김정은이기 때문에 a4지로 지령을 받아 행동하기 때문입니다.
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문재인 정치 9단이네.
문재앙죽어버려
http://www.ilbe.com/view/11385490197
퇴임 앞두고, 윤석열을 국민의힘당에 심어 놓고
여당도 좌파당, 야당도 좌파당으로 만들어 놓음.
게다가 박근혜까지 사면 시켜서 분열 조장 완료.
건국 이래 이렇게 잔머리 잘 돌아가는 한국 정치인은
처음 봄. 과거 3김 시대때도 이 정도까진 아니었는데.
국민들은 문재인의 플랜대로 끌려다니고 있음.
문재인은 진짜 대단한 새끼임
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[단독] 일본 의사협회 - 백신 접종 금지 요청 ㄷㄷㄷㄷ (Official Japan) . LIVE
깜깜무소식식식
http://www.ilbe.com/view/11385473074
저 노란색 부분 해석해보면
코비드 백신은 아직 동물실험 단계이고
안전한가 아닌가는 제약회사도 모르므로
일본 의사협회는 접종 금지를 요구한다.
인체실험 중인데
신문과 텔레비전 등 언론의 선정적인 보도에 휩쓸려
경거망동 하지 말아라
직설적으로
경거망동이라는 표현까지 씀
밑에 빨간 라인 안에 내용은
3차 접종과 어린이는 접종하시지 않도록 당부
https://honbetsu-cl.com/img/cobito.pdf
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방역패스는 자영업자들 때문에 무너지게 되어있어.
네이버맨
http://www.ilbe.com/view/11385420685
내가 감히 예상하건데 방역패스는 이제 더이상 시행못해.
영업시간 제한, 방역패스, 거리두기 이젠 더이상 못해.
이젠 강제로 위드코로나야.
어쩔수 없어.
이젠 재난지원금 뿌릴 돈이 없어.
그리고 정부는 완전히 신뢰를 잃었어.
자영업자들 코로나로 망하기 일보직전이라 더이상 거짓 코로나 사기 코로나 엉터리 방역 사기 방역에 절대 협조 못해.
안하고 싶어서 안하는게 아니라, 진짜 이젠 죽기 일보직전이라 못해.
폭동 직전이고, 실제로 자살자 나오고 있고, 더이상 코로나로 강제했다간 뭔일이 터질 분위기야.
이제 슬슬
코로나 종말이 다가오고 있어.
이제 더이상 선별검사 하지 않겠다. 확진자 발표 하지 않겠다. 중증 환자들만 신경쓰겠다. 선언하면 끝이야.
허무하지?
언론에서 매일같이 틀어대던 코로나속보? 그딴짓거리 하지 않으면 언제 그런일이 있었냐는듯이 쥐도새도 없이 사람들 기억속에서 사라짐.
이제 더이상 매년 자연사하는 사망자들이 코로나사망자로 둔갑되지 않아.
매년 사망자 통계 내보면, 지난 코로나 2년동안 크게 사망자가 늘지 않았을꺼야.
즉, 모든것이 사기였던거야.
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[박대석 칼럼] 선관위, 중과실 반복은 고의며 범죄다.
내년 대선, 부정선거 방지책 없으면 정권교체 어렵다./ 파이낸스 투데이
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서구 경제는 인플레와 부채 그리고 세금으로 자멸 중이다
관료들 사이에서는 예기치 못한 인플레가 코로나로 인한 봉쇄와 해제를 반복하다가 공급 체인에 장애가 발생했다는 인식이 공통적이다.
하지만 경제 전반에서 모든 물가가 상승하고 있으므로, 그보다는 통화 정책과 재정에 문제가 있다고 보아야 한다.
코로나로 생산은 위축되었는데, 각국 정부가 돈을 뿌려댄 탓에, 인플레가 가속도를 얻었다.
Western Economies Are Self-Destructing with Inflation, Debt, and Taxes
Nikola Kedhi
Although reluctantly, current central bank governors and respected economists have ramped up their warnings that inflation is here to stay. However, while it took officials a considerable period of time to admit the inflationary threat, despite the signs and warnings, they are failing to name its root causes. Inevitably, and anew, a wrong diagnosis will lead to repeated erroneous remedies, which will continue the self-destructive, complacent vicious cycle our Western economies have entered.
The consensus among officials seems to be that this unexpected inflation is solely due to economies being forced to shut down and then reopen, causing disruptions in the supply chains in the process. These disruptions may push the prices of certain products upward. Yet we are seeing an increase in the overall level of prices, in all economies, which should not have happened if there is monetary stability. So, while broken chains may explain in part the price hikes, we must look elsewhere for the true reasons of overall inflation, namely damaging monetary policies and damaging fiscal signals and programs.
Why Price Inflation Didn't Arrive until Now
Politicians and central bank officials for the better part of the last two decades have agreed that the only way to confront a financial or economic crisis is through interest rate cuts, massive borrowing, and spending, even though there is ample proof that debt accumulation and huge government spending have little effect on economic recovery and gross domestic product (GDP) growth.
The problems arise when, after the crisis has passed, such ineffective programs do not stop. Debt goes up considerably during an emergency, but no effort is made to lower it afterward. Thus, rates were lowered after the subprime mortgage crisis and then the debt crisis in Europe, and they currently remain either at very low positive levels in the US or in negative territory in the eurozone.
After a decade of uninterrupted money printing and deficit spending, the eurozone economies were merely surviving on borrowed time. On the other side of the Atlantic, the same policies were being implemented until 2016. Afterward, deregulation gave some needed breathing room to the American private sector and individuals.
It is true that the Federal Reserve continued its quantitative easing program even during the Trump administration. However, this did not lead directly to price inflation due to the dollar's status as the reserve currency. That is, the demand for dollars remains quite high even when monetary inflation exists. In fact, until 2020, demand for dollars was higher than the supply of dollars. At the end of 2019, there was a $17 trillion shortage for the dollar.
As Production Declined, Inflation Gained Steam
Nevertheless, during the pandemic, governments shut down their respective economies, sharply reducing activity on the supply side. As a result, production fell considerably in almost all Western countries, including the US. Yet, the Fed, similarly to its counterparts, printed money uninterruptedly to finance the government’s massive spending and to keep rates low. The money supply growth reached an all-time high of 27.1 percent in February 2021, compared to an average of around 6 percent in the previous years. For comparison, the demand for dollars has been growing at about 8 percent on average.
So, for the better part of last year, money was created out of thin air, unbacked by actual physical goods, as production was falling. Naturally, by having an enormous quantity of money circulating in the economy, going to each household in the form of helicopter money, the dollar’s value would be substantially lowered, giving rise to inflation.
Just as the economy was showing signs of improvement, President Joe Biden and the Democrat-run Congress approved trillions of dollars more in spending, much of which was channeled toward zombie companies or unproductive programs. This can be paid either with higher taxes for all individuals or considerable debt increases, and certainly with higher inflation, as the Fed is continuing its money printing to finance government deficits.
Currently, after more than $6 trillion dollars and counting spent, a budget deficit of 12.4 percent of GDP according to the Congressional Budget Office, and $80 million monthly asset purchases by the Fed, the result is a stagnant participation rate of 61.6 percent in the workforce, disappointing monthly job gains, annualized third-quarter GDP growth of 2.0 percent, and just 1.6 percent consumption growth, an average GDP forecast of 1.7 percent for the next decade by the Congressional Budget Office, an expected average unemployment rate of 4.8 percent, and high inflation—currently at a thirty-nine-year high of 6.8 percent.
The situation in the eurozone is even worse, since there have never been any true supply-side measures to boost production, enhance hiring and push up wages, as occurred in the US after 2017. Instead, there was deeper government centralization of the economies, reckless spending, and deficit financing through money printing.
Presently, the base euro area interest rate is zero, while deposit rates are in negative territory—unthinkable a decade ago. The European Central Bank shows no sign of interrupting the bond purchasing, and its governor persists in her refusal to acknowledge dangerous inflationary signs. To make matters worse, nobody even admits that the process of economic zombification in the eurozone is well underway. Centralization of the economy has never worked in human history and is failing once again. Unfortunately for the West, the United States is now surely on the same path as the euro area countries, yet maybe just in time to correct course.
Furthermore, financial repression (by keeping yields artificially low) and central bank interference in markets are unnatural and causing massive deformities in financial and other markets. For example, yields in a stable, healthier country such as Germany are not much different than those in countries with massive debt levels and weaker economic parameters. Central banks have become active market participants, straying far away from their original purposes.
That is why a free market—in essence a most democratic institution—driven by the actions of a considerable number of individuals and reflecting the needs and wants of society is necessary. Only when market participants are left to act and compete freely, are they able to allocate capital in a way that reflects societal requirements and need for innovation. The government, as every monopoly in existence, can never be a substitute for that, leading to unproductive capital allocation and debt accumulation.
A rising inflation environment would require rates to increase and this pace of money printing to stop. Will politicians allow rate hikes, considering their plans for more spending and higher debt? What would the fiscal implications of such a move be? Unavoidably, tapering would reveal structural imbalances that have been hidden in most of the Western economies. That is why, perhaps, central bank officials have been reluctant to stop their quantitative easing programs. Such an action would certainly need to be followed by huge spending cuts, deregulation, and tax reductions to boost productivity—moves that require a political will not present in any Western government.
A desperate need for deep structural changes in Western economies toward higher economic liberty, free and fair markets, more limited government, and fiscal responsibility is evident. However, in the end, all Western governments will be faced with the consequences of their misguided policies and the imbalances they have created.
There needs to be a serious discussion in the economic and financial community, independent of political interference and government lobbying, if we truly want to save Western economies and restore sanity in policy making.
Author:
Nikola Kedhi
Nikola Kedhi is a Senior Financial Advisor at Deloitte and contributor to various media outlets in the US and Europe, including Fox News, The American Conservative, The European Conservative, Il Giornale, The Federalist, and many others. The article reflects solely the views of the author
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