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Too big to understand
Too big to understandNew World - May 14, 2024
I remember a time not so long ago when you could see with a certain degree of certainty what was happening in the world, even at home.
By looking closely, going beyond the politicians, the greedy capitalists and the ideological socialists, we could see clearly. Even then, it took work. You had to read a lot and find journalists, historians and authors in whom you could trust a little.
Throw in a little common sense here and there, and you could just about hang on to a pretty reliable idea of what was true and what probably wasn't. At least that's what it seems.
There were always mysteries. People said one thing and did another. But there were stakes in the ground: pillars of truth, some things that could be trusted, always with a grain of salt, but mostly trustworthy. Let's take the example of the American press.
Yes, weird things are discovered here and there in the press, even in the best of times, but I remember trusting the press. Do you remember the big revelations from the Washington Post during the Watergate scandals in the 1970s? A great book and a great film resulted, All the President's Men. This was journalism at its finest (right?). The controlled manner in which information was presented to the public, to ensure accuracy and relevance. I was very proud of this journal. But was it the truth?
Yes, there were problems with journalistic repression, particularly during the Vietnam conflict. But the truth always seemed to prevail. Was this really the case? Unfortunately, I didn't think so, even back then. But there seemed to be several bastions of truth that could be relied upon.
I remember that even during the JFK assassination, I thought that the corruption exposed in that fiasco was limited. At the very beginning of my investigations into this event, I did not understand that the entire American government was involved. I thought unscrupulousness was limited. This is also what I believed during the Watergate scandal.
Even when 11/XNUMX hit us, I didn't realize how deeply cancer had penetrated our government (the United States) and even the world. I was far from suspecting at the time the mess everything was in. And to tell you the truth, I still don't know the extent of it. Despite having a very sharp nose, I'm sure I don't know the half of it. It's quite discouraging.
When did all this lies and corruption start?
There may be no "start date", meaning they have always been there in one form or another. Going back to the Cave Ages, we probably find the first attempt by a ruling class to imprison the masses and create a world of illusion entirely under their control. In my lifetime, since the early 50s, the CIA and its Soviet Union counterpart, the KGB, have gone to great lengths to manipulate the media using fake news spread by the media giants of both countries (the New York Times and the Washington Post in the United States, and Pravda in the USSR).
There are claims that the two ruling governments have misled each other and the masses. For example, when Nikita Khrushchev was the head honcho of the Soviet Union, he continually waved his big nuclear stick and claimed that the USSR could make nuclear missiles like sausages. This was not the case.
Most historians argue that the United States was deceived by the USSR's nuclear posture during the early years of the Cold War. I seriously doubt they were fooled, as if they knew the real number of Moscow's nuclear weapons. Soviet ruse gave them an excellent excuse to increase the US defense budget year after year and convince the American people, and the people of the world, that there was good reason to be terrified. Fear is always a good thing to have in your back pocket when trying to control people.
The Soviet Union was a paper tiger. At least in the 50s and early 60s. After the Cuban Missile Crisis and Khrushchev's rule, the Soviet Union started making missiles like sausages. Did she really do it? It is difficult to say how many nuclear warheads were in circulation, born on either side. The information, disinformation, propaganda, lies and corruption are simply too much to understand and get to the truth.
The fear of the Soviet bomb during the Cold War is just one small example of the “false reality” we have been fed for decades. And, needless to say, the situation has only gotten worse. Much worse. Today, thanks to advanced technologies and artificial intelligence, it is easier than ever to manipulate information and therefore reality.
We can no longer even tell whether the President of the United States giving a speech is the real Biden in the flesh, a hologram, a biological clone or a robot. The right hand certainly does not know what the left hand is doing, but I can guarantee that there is a clear, conscious program, and that this program is not confusing to those who execute it, and that it is also not difficult to define. But it is very difficult to understand, at least for the blind masses.
The simple things, however, are still believable. The love you feel for your partner, for your children and your family. The peace you feel while walking on the beach or in the calm of a forest. The joy you feel while dancing and listening to music. And the wonder you feel in front of a work of art. A baby's laugh will always be true, a dog's slobbery lick and the look in its eyes when it expresses its unconditional love for its owner. These truths are also massive, but they are easy to understand. We are born with an acute understanding of their essence, meaning and purpose.
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Following the ban on cell phones in several schools
Following the ban on cell phones in several schoolsDigital Dawn - May 13, 2024
Banning cell phones in schools helped improve academic performance, reduce bullying and reduce students' need for counseling, according to a 73-page Norwegian study.
Girls have benefited the most from these policies.
“Smartphone bans significantly reduce healthcare use for psychological symptoms and illnesses among girls,” writes Sara Sofie Abrahamsson, a postdoctoral researcher and sole author of the paper, in the abstract. After the ban, bullying between both sexes decreased.”
The study drew on data from recent decades, focusing primarily on the period 2010-2020.
The researcher did not observe any negative impact of the introduction of such a policy.
“Phones are an absolute distraction. Even if a child has their phone in their pocket during class, if it vibrates every time, which it does all the time, their mind automatically turns away from the teacher's teaching and focuses on the phone,” Tom Kersting, a psychotherapist who served as a school counselor for 25 years, told The Epoch Times, agreeing with the report's findings.
As a supporter of banning phones in schools, Mr Kersting believes Norway will see an improvement in students' academic performance, mental health and social and emotional skills.
Key Findings
There are no national guidelines on the use of smartphones in Norway. Schools decide for themselves whether or not to allow the use of smartphones.
Therefore, Ms Abrahamsson used a survey to collect data from Norwegian colleges on smartphone use and to find out if and when they had smartphone regulations in place.
This data was then compared with school data, including teacher and external exam grades, student grade point averages, student visits to psychologists and GPs, and measures of bullying.
Ms. Abrahamsson's four main conclusions are:
The number of psychological consultations was reduced by 60% among female students.
The incidence of bullying has decreased among both girls and boys.
Girls made progress in terms of overall grade point average and externally graded math tests.
Girls were more likely to pursue an academic track in high school.
The author found that the stricter the smartphone policy, the greater the improvement among female students. The strictest schools either prohibit students from bringing their phones to school or require them to return them before classes start.
Girls from disadvantaged socio-economic backgrounds are those who have progressed the most.
However, the ban on smartphones had no impact on boys' mental health and GPA.
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I visited the new skies
I visited the new skiesRevolution 2030: Other source - May 13, 2024
A Polish mystic priest tells us about what's coming.
Father Adam Skwarczynski is a charismatic Polish priest who is also a mystic and has received visions since childhood about the future of humanity.
Father Artur Migas asked him about his opinions regarding the Warning and the Parousia (second coming of Christ).
The story of Father Adam Skwarczynski is particularly important for the historical moment we are experiencing in the world and in the Church. He speaks to us in the video about the Warning, the persecution of Christians, the punishment that God will send, but above all "the new heavens and the new earth" which will come after these events... reason for great hope!
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Living without GAFAM? The list of alternatives!
Living without GAFAM? The list of alternatives!Mr Globalization - May 12, 2024
GAFAM – these web behemoths – are regularly under fire from critics.
Control of the information and online advertising market, resale of personal data, economic hegemony, influence of democracy via powerful lobbies, there is no shortage of reasons to be wary of these giants. However, it is difficult to get rid of them as they are everywhere in our digital universe. However, here are some ideas for replacing them on a daily basis.
Behind the acronym GAFAM hide 5 sprawling groups working on new information and communication technologies: Google, Amazon, Facebook, Apple and Microsoft. These giants, known to everyone and with crazy growth, are today the leaders in terms of market capitalization at the cost of morally dubious practices. At the heart of the scandals, between the massive intrusion into the private lives of users and the unscrupulous management of their personal data, we also find collusion with certain governments as the Wikileaks whistleblowers or Edward Snowden have demonstrated. An almost total hegemony which is not a sign of good health for our already weakened democracies.
Another vision of the Web and computing
Since the beginnings of computing, another model has been organized on the fringes of commercial and liberticidal logics thanks to the actors – or hackers – of “free software”. Generally speaking, this software can be redistributed freely (free of charge in most cases, even if it is not obligatory) and the user can have access to their source codes to customize and improve their experience and that of other users. .
Most software or services distributed under a free license are developed cooperatively by their community, thus making it possible to respond effectively to user needs and to correct a large number of bugs. Much less greedy for personal data, because they are not financed by advertising, they can prove to be good alternatives to the services offered by GAFAM and are sometimes even more efficient. VLC Media Player, for example, is one of the only consumer software programs that allows you to play, convert and download audio and video files in all existing formats.
For Richard Stallman, pioneer of the philosophy of Free, this movement wants to lay the foundations of a new society where ideas and culture are freely exchanged. That is to say, without submission to a strictly commercial logic which guides the actions of content producers. The goal is to enable everyone to flourish without hindrance, by promoting the understanding of technology and the use of computer equipment while limiting waste and obsolescence. Built on this model, the Wikipedia foundation, enriched daily by the contributions of its users, remains the best example.
Concrete alternatives to GAFAM to reclaim your computer and web browsing
As far as possible, we try to offer here some free, open-source solutions that respect the privacy of users, without claiming that they are qualitatively superior. If we cannot cover all the services offered by GAFAM in a single article, we will try to highlight alternatives to the most commonly used services.
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George Soros funds pro-Palestinian protests
George Soros funds pro-Palestinian protestsEquality and Reconciliation - May 12, 2024
If old George Soros finances the pro-Palestinian university crap, we can well imagine that behind this generosity there is a necessary project and a necessary villainy. Bingo!
As Renaud Beauchard explains to us in the menu, the financing of university demonstrations and occupations serves to fuel chaos which exasperates non-militant students, which irritates the witnesses of a spectacle of violence and chaos, and which then justifies the turn of the screw by the authorities in favor of sacrosanct security. We then arrive at the Gordian – or rather Sorosian – knot: the censorship of ideas in general and the repression of anything that will be qualified in any way as anti-Semitism.
Nothing new, then, leftists are used here as the useful idiots they have always been, but at a level currently bordering on a remarkable tour de force.
Thus, a Gayssot law type law is in progress or already implemented – despite the sacrosanct First Amendment – but also the “Tik Tok law”, the National Security Act, the monstrous aid to Ukraine, the renewal of the Foreign Intelligence Surveillance Act (FISA), etc. All this allows the establishment of a surveillance oligarchy leading us towards a dangerous but very real dystopia.
The worst being the rallying of most Republicans to all these repressive desires and these censorships. Even Donald Trump, embroiled in his trials, aligns himself with a certain number of these positions. Optimists will hope that he tries not to make too many waves and to send signals allowing him to have better treatment. The future will tell.
Finally, even Robert Kennedy Jr, who we hoped would be a true subversive (where Trump still congratulates himself on his vaccine policy and never fired Anthony Fauci), seems to align himself with certain unsavory positions, whether on the Israeli-Palestinian conflict or his choice of Nicole Shanahan, ex-wife of Google co-founder Sergey Brin, as running mate.
The future seems bleak, but let's not forget that the worst is never certain, and that hope keeps us alive, sometimes even to the point of victory.
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The October 7 narrative contradicted by History
The October 7 narrative contradicted by HistoryVoltairenet - May 11, 2024
We reproduce the text of a conference given on May 4 in Boulogne-sur-mer. Thierry Meyssan explains that the current conflict in Palestine is not attributable to the Arab and Jewish populations.
It was organized, from 1915, by the colonial power with the idea that the future State(s) should never succeed in ensuring their security. Unbeknownst to them and to their expense, the Palestinians and Israelis, by playing the October 7 operation and its response, are only implementing this policy. By failing to stop the ethnic cleansing of the Gazans, the Anglo-Saxons are not demonstrating their insensitivity, but the fact that they consider the massacres as simple adjustment variables.
Although the massacres in Sudan and Congo are much deadlier than in Palestine, it is the latter that I am going to talk to you about today. In fact, this is the first time that we have witnessed ethnic cleansing live on our cell phones. I would like to come back to various information that I have already covered in various articles, but which, clearly, certain media do not want to include in their analyses. I would like to tell you that there is no community fatality: this conflict was not provoked by the populations of Palestine, whether Jewish, Christian or Muslim, but by external powers who, for a century wished that they would never know peace.
The creation of Israel by the British
To make myself understood, I will, first of all, tell you about the United Kingdom. You attended the coronation of King Charles III. You remember that in the middle of the ceremony, he took off his rich clothes and dressed himself in a linen cloth. Its pages set up screens so that the audience would not be dazzled. When the screens were removed, he had become king. He was then given the symbols of his power, the scepter and the globe. What had happened in those few moments out of public view? The Prince of Wales had seen God, like Moses before the burning bush [1]. This explanation probably seems preposterous to you and you wonder how its subjects could believe such a tall tale. In reality, since James VI, in the 2th century, British sovereigns have declared themselves kings of Israel [3]. It was against his conception of divine right that Oliver Cromwell overthrew King Charles and proclaimed the Commonwealth. However, the Lord Protector was just as enlightened, he professed that it was necessary to bring together all the Jews in Palestine and rebuild Solomon's temple there [XNUMX]. Ultimately, successive dynasties maintained this myth. They adopted various rites and imposed others on their subjects, such as Jewish circumcision, practiced automatically in maternity wards in the XNUMXth century on all newborn males in the Kingdom at birth.
Two years before the Balfour Declaration (1917) which announced the creation of a Jewish national home in Palestine, a Jewish diplomat and future Foreign Minister, Lord Herbert Samuel, wrote a memorandum on the Future of Palestine (1915). He pleaded for a Jewish state which would place the entire diaspora in the service of the Empire. A little later, he clarified that this new state should never be able to ensure its security alone in order to be eternally dependent on the Crown of England. This is exactly what we are witnessing today. It is fate that has cursed the population of Palestine.
Lord Arthur Balfour's statement was followed by US President Woodrow Wilson's 14 points. He describes the objectives achieved by his country during the First World War. Point 12 is strangely worded, but during the Paris Conference which drafted the Treaty of Versailles, it specified in writing what was to be understood: the creation of the State of Israel in Palestine (and Kurdistan in Turkey) . The World War had caused a rebalancing of forces, so that from now on Washington worked alongside London in the defense of common interests.
During the interwar period, Jewish immigration to Mandatory Palestine went well. The Arab landowners sold part of their land to the Jews without any problem. However, as early as 1920, Arab terrorists murdered Jews. Among the assassins, Mohammed Amin al-Husseini was sentenced by the British to 10 years in prison, but they never executed him. On the contrary, Lord Herbert Samuel (the one who had written that he should never have security in Palestine), who had become the British high commissioner in Palestine, pardoned him and appointed him grand mufti of Jerusalem, allegedly to maintain a balance between the two large local families.
A Salafist (that is to say a Muslim wishing to live like the companions of the Prophet in the 7th century) appeared, Izz al-Din al-Qassam, who had already organized a revolt against the French in Syria and who became imam in Haifa. He decided on jihad, not against the British occupiers, but against Jewish immigrants. Various attacks and pogroms against Jews followed. To maintain civil peace, the British killed al-Qassam, who gave his name to the current Hamas al-Qassam Brigades.
The death of al-Qassam had not resolved anything at all. The British, faithful to their colonial technique of “Divide and Rule”, always developed with one hand what they fought with the other. In 1936, Lord Willam Peel, at the head of an official commission, assured that peace could only be restored by separating the Arab and Jewish populations into two distinct states. This is what we now call the “two-state solution.”
During the Second World War the Grand Mufti of Jerusalem became the ally of Chancellor Adolf Hitler. He notably mobilized Balkan Muslims to join the SS and supported the "final solution of the Jewish question." For their part, the Jewish fascists (“revisionist Zionists”) led by the Ukrainian Vladimir Jabotinsky, fought alongside the Axis against the British. The Zionists, for their part, fought alongside the Allies while contesting the limits that the British theoretically imposed on Jewish immigration; in theory only.
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Stealing from frozen Russian assets to finance the Ukrainian army
Stealing from frozen Russian assets to finance the Ukrainian armyThe Media in 4-4-2 - May 10, 2024
The ambassadors of the 27 members of the European Union have opened Pandora's box by reaching an agreement to use the income generated by frozen Russian assets to finance the Ukrainian army.
The move comes as Russia continues to gain ground in Ukraine, forcing Ukrainian soldiers to ration their ammunition. In total, 200 billion euros of Russian assets were frozen in European countries, mainly in Belgium. The objective is not to touch these assets, but to appropriate the income they generate. These are estimated between 2,5 and 3 billion euros per year.
90% of this sum will be devoted to military assistance to Ukraine, while the remaining 10% will be used “for the reconstruction of the country”, torn by war since February 2022. The first tranche of aid should be delivered to the government in kyiv from next July.
The United States passed the REPO Act in June 2023 to use assets seized from Russia and give them to Ukraine, sparking concerns from some European countries that it was setting a dangerous precedent. The EU had drawn up a similar plan in October 2023 to finance Ukraine's reconstruction with profits from the Russian Central Bank's frozen assets, but some member states remained skeptical due to legal issues over property rights, and the Russia had announced appeals.
Yoann
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BlackRock CEO under close surveillance
BlackRock CEO under close surveillanceGeolintel - May 10, 2024
By stealing taxes from countries around the world with ESG standards for climate, social and political transition, Larry Fink, the CEO of BlackRock, sees his investors and Republican politicians turning against the strategy of the financial juggernaut.
BlackRock's losses are greater than expected and the war presents greater returns than the green transition.
Larry Fink was even worried that the dollar was falling sharply and begged investors and countries around the world to buy US Treasury bonds to limit the fall of the dollar.
If the dollar falls, it is in some way the fault of these ESGs and BlackRock, the market has become restricted and the company cannot generate profits that match the expectations of the investments.
Macron was forced to buy American bonds while negotiating the capture of French savings.
If our taxes are the major resource of these thieves, the recession has reduced tax revenues and limited flows towards these investment funds, since the military has monopolized donations to Ukraine and Israel.
As a result, Larry Fink fears for his person and has received threats serious enough to request close protection to secure his travels.
Tremble gentlemen, you reap what you sow.
BlackRock doubles security spending for CEO Larry Fink as ESG investing draws growing backlash
BlackRock, the world's largest asset manager, has significantly increased its CEO Larry Fink's security spending over the past year, according to filings with securities regulators.
Those expenses included $216 for hiring security guards and $837 for updating a security system at Mr. Fink's home.
BlackRock began providing security services to Mr. Fink in 2022 at the request of the board, according to documents filed last year. At the time, the company hired a third-party security firm to make a recommendation on what security Mr. Fink might need. In 2022, the first year the company provided him with security services, Mr. Fink received $198 for security guards and $410 for a home security system.
In recent years, Mr. Fink and BlackRock have been criticized by conservative politicians and pundits (as well as some liberal activists) for the company's use of ESG principles in its investment products. Many of these groups believe that Mr. Fink's decision to incorporate the environment, sustainability and governance as one of several investment selection factors is an attempt to impose left-wing ideologies on businesses. In reality, this practice simply aims to provide a more holistic view of a company's future by accounting for risk factors and opportunities beyond just its financial performance.
In his annual letter to shareholders for 2020, Mr Fink announced that BlackRock, which manages some $10 trillion, would place sustainability at the heart of its investment approach. This decision placed BlackRock and Fink in the crosshairs of some Republican officials, who believed that it was a form of ideological selection that discriminated against certain companies.
Several elected Republican officials then sought to end the contracts signed with BlackRock for the public funds it managed.
In Texas, the state withdrew an $8,5 billion education fund managed by BlackRock. In Florida, Republican Governor Ron DeSantis threatened to find another manager for public funds managed by BlackRock. Mr. DeSantis managed to remove $2 billion in assets under management from BlackRock, but as of last January, BlackRock was still managing $13 billion on behalf of the state.
The personal backlash against Mr. Fink came to a head during the Republican primary debates late last year. In a debate in December, Mr. DeSantis and biotechnology investor Vivek Ramaswamy took on BlackRock. Mr. DeSantis touted how he had “taken $2 billion” out of the company, while Mr. Ramaswamy called Mr. Fink “the king of the evasion industrial complex.” The remarks prompted a response from Mr. Fink, who called the affair a “sad” representation of the state of American politics.
Mr. Fink has repeatedly spoken about the backlash he faced, saying on one occasion that he was surprised by the personal nature of the attacks. “It's difficult, because it's not business anymore, they're doing it in a personal way,” Fink told Bloomberg in January 2023. “For the first time in my professional career, the attacks are now personal. They try to demonize the problems.”
Most often, Mr. Fink attributes the furor to a misunderstanding of what ESG is and to the fact that he and BlackRock have been caught up in the cross-currents of American politics. “The story is awful,” Mr. Fink said in the Bloomberg interview. “Unfortunately, some politicians take certain passages of a sentence out of context, and that is the world we live in today.
BlackRock, like other financial institutions, is now more lukewarm on some previously stated commitments on climate change, which some see as the result of pressure from conservative politicians and activists.
Ultimately, the boycotts had little effect on BlackRock's business. At the start of 2023, Mr. Fink acknowledged that the previous year, BlackRock had lost about $4 billion in assets under management due to boycotts the company faced. However, according to Mr. Fink, this figure pales in comparison to the $230 billion in new money that BlackRock received from its American clients.
Fortune
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AstraZeneca withdraws its covid-19 vaccine worldwide
The Media in 4-4-2 - May 09, 2024
A trial is underway in the United Kingdom.
British drugmaker AstraZeneca has announced the worldwide withdrawal of its Covid-19 vaccine, following the company's admission that the vaccine "may cause thrombosis-thrombocytopenia (TTS)".
British drugmaker AstraZeneca has announced the withdrawal of its Covid-19 vaccine worldwide, following the company's admission that the vaccine "may cause TTS". TTS, or thrombosis with thrombocytopenia syndrome, can lead to blood clots and low platelet counts.
The vaccine, known as Vaxzevria, can no longer be used in the European Union now that AstraZeneca has withdrawn it, according to The Telegraph newspaper. In the UK, a class action lawsuit is underway against AstraZeneca, with the pharmaceutical giant being sued over allegations that its vaccine, developed with the University of Oxford, caused death and serious injury in dozens of cases.
Lawyers for the victims and their loved ones say the vaccine produced a side effect that had a devastating effect on many families. The first case was filed last year by Jamie Scott, a father of two, who suffered permanent brain damage after developing a blood clot and brain hemorrhage that left him unable to work after receiving the vaccine in April 2021.
Fifty-one cases have been brought before the High Court, with victims and their relatives seeking damages estimated at £100 million. Scientists first identified a link between the vaccine and a new disease called vaccine-induced immune thrombocytopenia and thrombosis (VITT) as early as March 2021, shortly after the Covid-19 vaccine rollout began, but were considered “conspiracy” on all television sets around the world.
AstraZeneca's admission follows intense legal wrangling and could result in payouts if the drug company admits the vaccine was the cause of serious illness and death in specific legal cases. The British government has agreed to cover AstraZeneca's legal costs.
“AstraZeneca is a vaccine that is very effective, very effective! »
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Paris 2024 and Berlin 1936 in the service of an impossible imperial dream
Voltairenet - May 09, 2024
Thierry Meyssan: Emmanuel Macron has never had any respect for French culture.
During his first election campaign, he never stopped mocking her. His ambition included the presidency of the French Republic, but, in his eyes, it only took on meaning in the European Union. During his two mandates, he resolved few French problems, but patiently built the transformation of the EU into an empire of around thirty states.
In his mind, the next Olympic Games will be an opportunity to manipulate the masses to magnify the “United States of Europe” so that they will be spontaneously ready for the dissolution of the EU member states.
During his programmatic speech at La Sorbonne seven years ago, he declaimed: “A few weeks after the European elections [of 2024], Paris will host the Olympic Games. But it is not Paris which receives. It is France and with it, Europe which will bring to life the Olympic spirit born on this continent. It will be a unique moment of gathering, a magnificent opportunity to celebrate European unity. In 2024, the Ode to Joy will ring out, and the European flag will be able to be proudly displayed alongside our national emblems.”
Yes, the 2024 Olympic Games in Paris will be an opportunity for him to showcase his vision of the world: with each victory of a Member State, the European anthem should be played, if nothing hinders this plan. Without a doubt, the EU would then be the victorious power. He would thus realize the dream of Chancellor Aldolf Hitler in Berlin in 1936. He has already adopted the codes. Thus, the Olympic torch relay, which did not exist during the original Games, is a survival of Nazism. The German chancellor had wanted to magnify the bodies of the Aryans and cross the Balkans, foreshadowing his future conquests. The French president intends to mobilize the French behind his impossible European dream to better manipulate them in the weeks to come. He also entrusted the production of the torch to Usinor, now called ArcelorMittal, as his predecessor had entrusted it to the Krupp arms group.
Don't worry, I'm not comparing Emmanuel Macron to Adolf Hitler to imply that the French president would be racist, but this historical allusion will be useful following my remarks. For the moment, remember that there will be Russian athletes, but no Russian anthem, and no champion registered in the name of the European Union, but European anthems.
To understand the trap that is being prepared and into which we will all probably fall, we must retrace its previous steps.
During his speech on September 27, 2017, he declared: “We have turned the page on a form of European construction. The founding fathers built Europe away from the people, because they were an enlightened vanguard, because perhaps it could be done, and they moved forward and then proved that it worked. He then laid down the principles of a production in which we attended, sometimes participated, without understanding.
• On June 25, 2018, he launched the European Intervention Initiative. This was not an EU programme. At least half of the member states did not want it, including Germany. Also initially, only nine states participated, including the United Kingdom, which was leaving the EU. There are 14 of them today. This initiative is currently at work in the Persian Gulf (European Maritime Awareness in the Strait of Hormuz or EMASoH). It initiates a “capacity for autonomous action for Europe, in addition to NATO”.
Germany's European Mission was, according to the Nazis, to protect the people of Europe from Bolshevism. Today, the Mission of the European Union, according to Emmanuel Macron, is to protect them from Russia.
Understand: there was never any question of creating an army for the collective defense of member states. In fact, we are witnessing quite the opposite: the war in Ukraine is the pretext for gigantic arms transfers, so that today no member state has the means to defend itself for more than two days. if it was conventionally attacked by a developed state. Contrary to talk about strengthening military power, the French Ministry of the Armed Forces, according to the Court of Auditors, cut 3 military positions last year. Ultimately, we are already, and will become even more, dependent on the United States and the United Kingdom, i.e. NATO.
• On March 4, 2019, Emmanuel Macron published an op-ed calling for the creation of a “Conference for Europe in order to propose all the changes necessary to our political project”. It was to “bring together panels of citizens, audition academics, social partners, religious and spiritual representatives”. In order to define “a road map for the European Union translating these major priorities into concrete actions”. Note that President Macron wrote “these major priorities” with a “c” and not an “s”, in order to specify that the Conference had to express the means to achieve a goal that it would not choose itself, but which was imposed on him.
This is the resumption of the Great National Debate which followed the “Yellow Vest” revolt. 10 public meetings were organized, 134 registers of grievances were opened, 19 town halls participated, 899 detailed contributions were written. All this discussion and paperwork ended up in the trash.
• A few months later, the German Ursula von der Leyen presented the program of her administration on July 16, 2019, saying that “Europe is like a long marriage. Love doesn’t necessarily develop from day one, but it depends.”
From that moment on, the Élysée and the Brussels administration began to work on transforming the Union into an “Empire”, or more nicely said by communicators into a “federation”. It was clear that it would not be possible to pass this upheaval by referendum. Also, the Von der Leyen administration intended to proceed step by step: modify the adoption rules through a simplified procedure then, later, dissolve the member states and replace them with a centralized state.
• During his first term, President Emmanuel Macron visited each of the 28 EU capitals. It was his electoral campaign to justify his future appointment.
• From April 2021 to May 2022, 830 European “citizens” met to debate “The Future of Europe”. This conference, opened by President Emmanuel Macron, produced 49 proposals and 326 measures addressed to the presidents of the Parliament, the Council and the Commission.
First remarks: this presentation of the facts masks real problems. To give an appearance of legitimacy to the ongoing process, it is a matter of giving the illusion that the European Empire is not an idea coming from above, but an ardent desire of the European populations. We therefore speak of European “citizens” when there is no European State, no European people, therefore no “citizens” at all. The participants were drawn by lot, which gives the illusion of their representativeness and the legitimacy of their decisions. However, in practice, they were paid with our taxes even though they did not form a European institution. They adopted certain measures that they discussed for a long time, but also voted hastily for what Paris and Brussels wanted them to adopt and which goes against their interests.
• On March 25, 2022, the European Council, then chaired by Emmanuel Macron, adopted the Strategic Compass. This first defined threats, from which it drew the guidelines of its strategy. It led to the establishment of a Rapid Reaction Force of 5 men.
• On June 9, 2022, the European Parliament, after having adopted various texts relating to the Conference for the Future of Europe, adopted a resolution (P9_TA(2022)0244) convening a Convention for the revision of the Treaties, in application of Article 48 of the EU Treaty (Treaty of Nice).
• On March 10 and 11, 2022, Emmanuel Macron convened an informal meeting of the European Council in Versailles. The heads of state and government approved the creation of a support budget for Ukraine and the program for changing energy dependence.
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81% of public debt comes from the State
Geolintel - May 08, 2024
If the French indirectly hold the French debt, we must ask ourselves the questions of how we calculate and repay it and at what price.
Emmanuel Moulin, former director of the Treasury and deputy of Gabriel Attal at Matignon, had recommended raising the savings of the French to encourage them to invest in savings accounts which would finance the future debt of the climate transition and the wars in Ukraine and Gaza.
The lever will not be our economic dynamism but the savings of the French placed in investment or by increasing taxes, the only legal way to steal French money.
We must distinguish the public deficit, which is the flow, that is to say the difference between revenue and expenditure, and the public debt, which is the stock, that is to say the sum of accumulated deficits .
To understand the state of our finances in France, we must calculate the public deficit in relation to GDP and that of the public debt in relation to GDP.
France raised 8 billion euros through a new OAT maturing in May 2055 from BNP Paribas, Citi, Deutsche Bank, HSBC and Société Générale. OATs (Assimilable Treasury Bonds) are assimilable Treasury securities in the medium and long term, with maturities of 2 to 50 years.
From there to saying that we are owned by banks there is only one step.
Macron's role at the Rothschild bank is crucial to understanding the rise in French debt.
OATs are now the only form of medium and long-term financing for the State, a headlong rush towards perpetual debt.
To summarize, these fundraising increases the flow, that is to say the budget deficit to transform into stock, that is to say into debt.
When we replace commodity inventories with debt, we understand how our economy works, financed solely by debt held by banks and asset management funds like BlackRock and Vanguard.
The only guarantee of this debt is our savings, coveted by Emmanuel Moulin, the former director of the French Treasury.
“There are 35 billion euros of private savings in Europe,” insisted the Minister of the Economy, Bruno Le Maire, during a trip to Berlin on Monday March 000. The money is there, but it is not going where it should... A third is sitting in accounts and a third is financing the American economy. »
It is Agence France Trésor (AFT) which manages the State debt. Public debt corresponds to all financial commitments made in the form of loans by the State, public authorities and organizations that directly depend on them. (i.e. 5500 billion euros).
Public debt constantly evolves in line with the repayments of loans made by the State and public administrations and the new loans they take out to finance their deficits.
If the deficit is a flow, the debt is a stock
Resources consist of taxes and other non-tax revenues (dividends from companies in which the State is a shareholder).
Expenditures include not only current operating expenses (salaries, purchases of supplies and services, etc.), redistribution operations (aid, scholarships, social minima, etc.) but also investments (equipment works, acquisitions of real estate and movables of local authorities, etc.) and capital expenditure (debt charges of various public administrations, for example).
Distribution of debt by public administration
At the end of the fourth quarter of 2023, public debt stands at 3 billion euros. As the graph above shows, 101,2% of public debt comes from the state. If we add other central government agencies, the state total represents 81%.
Social security organizations and local public administrations (territorial authorities) represent respectively 8,5% and 8,1% of the public debt. As of this date, the State alone has accumulated 2 billion euros in debt.
Remember that European criteria require that the public debt of member countries does not exceed the standard of 60% of GDP (while it is 110,6% of GDP in France).
The Covid-19 crisis has led to a sharp increase in public debt in France.
To repay the portion of its debt falling due, the State borrows money on the financial markets, particularly through Treasury bonds (OAT) to finance its deficit. The money needed to cover these needs is called the financing requirement. In 2024, the State's financing requirement is anticipated at 299,7 billion euros (to finance the deficit and refinance the debt which has reached maturity). It is Agence France Trésor (AFT) which manages the State debt.
Measuring public debt
To measure public debt, it is compared to gross domestic product (GDP). Thus, we can compare public debt to the size of the economy.
Over the past fifteen years, the public debt has increased significantly. It was 60% of GDP at the start of the 2000s, exceeded the threshold of 100% of GDP in 2017 and now reaches 110,6% of GDP.
Maastricht debt of public administrations
Who owns the public debt?
Unlike businesses or households, public authorities do not finance their debt mainly by using bank credit but by issuing financial securities (especially bonds) on the financial markets.
A specific form of debt
Unlike individuals, public organizations, when they go into debt, only repay the interest at each due date, because they issue bonds.
If it issues a 10-year OAT, the State will repay the interest (for example 0,5% of the amount of the bond issued) every year or every half-year for 10 years, but will repay the capital in one go, at deadline. For this he will get back into debt. In times of very low interest, it seems easy to get into debt, since it costs nothing and sometimes even pays off (negative interest). But at maturity it will be necessary to re-indebt for the same amount and if interest rates have risen sharply, it could become difficult for the State and its budget to cope with the debt burden (cost of borrowing).
To finance the public debt, the State issues debt securities negotiable on the financial markets over a more or less long period. More precisely, two types of securities are issued by the State: fixed-rate Treasury bills with discounted interest (BTF) and Assimilable Treasury Bonds (OAT). OATs constitute the preferred form of long-term State financing (maturities which can exceed ten years). Created in 1985, Treasury Bills with annual interest (BTAN) are no longer offered and have no longer circulated on the market since 2017.
Non-residents are the main holders of French public debt.
Who holds the state debt
According to figures published by Agence France Trésor (AFT), among the holders of public debt, we find, at the end of 2023, 53,2% of non-residents. A proportion that has increased significantly since the end of the 1993th century (in 2009, only a third of French public debt was held by non-residents), but down compared to 67 (XNUMX%).
For the most part, these are institutional investors (pension funds and insurance funds in particular), but also sovereign investment funds, banks, and even speculative funds.
Within the European Union we find a certain heterogeneity between countries. At the end of 2022, according to Eurostat data, 93% of Cypriot debt was held by non-residents, compared to less than 25% in Denmark.
Individuals, indirect holders of French public debt
It is also banks and institutional investors that we find among the main resident holders of French public debt.
The French state therefore borrows around a third of its debt from national banks and financial companies. 9,5% of public debt is held by insurance companies, which “buy” French debt securities for life insurance investments. Individuals are therefore indirectly the holders of a significant part of the French public debt. French banks hold around 7,7%.
Finance for all
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BRICS: $260 billion in trade without a single dollar
BRICS: $260 billion in trade without a single dollarInternational Network - May 08, 2024
While the crazy growth of the American debt of more than 34 billion dollars continues to worry, the BRICS deal a new blow to the greenback.
China and Russia, two founding countries of the alliance, have planned 260 billion dollars in trade without recourse to a single American dollar. Only Russian ruble, Chinese yuan and a few euros. Other members of the coalition are expected to follow suit soon. Having perceived the immediacy of the threat, the USA reacted by combining threats and diplomacy. Details.
China and Russia accelerate BRICS dedollarization plan
The threat of dedollarization of global trade has gone beyond rhetoric. Determined to dethrone the greenback, China and Russia plan to carry out $260 billion in trade this year without using a single dollar.
The information was relayed on X by the famous Indian geopolitical analyst SL Kanthan who predicted an imminent generalization of this initiative within the BRICS. Indeed, last year, China and Russia had carried out several official commercial exchanges in yuan and ruble.
Likewise, Russia has for some time been carrying out yuan transactions with several countries including Japan, the United Arab Emirates, Singapore, Malaysia, Thailand, the Philippines, Mongolia and Tajikistan.
China soon to be the world's leading economic power thanks to BRICS?
By accelerating the dedollarization of its trade with Russia, China is pursuing its ambition to dethrone the USA, currently the world's leading economic power. The country has announced economic growth of 5% in 2024. In 2024, it is also one of the largest investors in gold, the asset to which the future BRICS currency should be backed.
To thwart the plan of the two influential BRICS members in favor of dedollarization, the American authorities are playing the sanctions card. Indeed, the Russian-Chinese project to limit trade in American dollars occurs in the context of the Russian-Ukrainian conflict.
The USA is therefore threatening Chinese banks that do transactions with Moscow with sanctions, forcing them to reject payments in Russian rubles. The latter are threatened with being accused of helping the Kremlin fight Ukraine.
However, a Reuters report reveals that American authorities have adopted a diplomatic resolution approach to calm the heat. We will see if this prevents Palestine from joining BRICS after the US veto prevented its full membership in the UN.
