Global Economics: The Truth and a Warning

Source Video: World United News

https://www.youtube.com/watch?v=HHTpRDM96YQ

By: Stewart Brennan
http://worldunitednews.blogspot.com/

 

Every country will face a “Tipping Point” and breakdown of society in the near future due to the crushing economic austerity measures inflicted on the people by the brutal International Banking System that was conceived and designed to acquire wealth and power for an elite few.

When impoverished nations reach their economic tipping point, the governing power structure of those nations will have no options left. They will have to tell those in control of their economic system to bow down to major changes, or they themselves will face the consequences of their inaction.

At the moment, the choice to fix the broken system belongs to those in control of it. I.e.: The International Banking Cartel through the IMF, World Bank, and International Bank of Settlements…however, if the warning is ignored and the choices made by those who govern the system only ensure that the extremely wealthy survive these harsh economic times, then the responsibility to correct the economic disparity will shift to the impoverished masses by virtue of their will to survive.

Be assured that “Civil Unrest” will grow proportionally to the rise in poverty. All one needs for proof is catch a glimpse of what is unfolding in Egypt, Greece, or Spain to see the truth of these words…and there are many other nations at different stages of bankruptcy, poverty and austerity that is being forced upon them by the I.M.F (International Monetary Fund). The victims of the economic system will rise up in their millions because their very survival depends on a just system for all. 

However, the problem is not just that the IMF has taken control of every nations economic sovereignty but that the corporate power structure that comes with the Private banks has also taken control of the natural resources of most countries. 

Making matters worse for the people of the World is that the entire political system in every country, with few exceptions, has been seized at every level by the same corrupt banking system.

Even the opinions on mainstream news are bought and paid for by corporate interests. Don’t believe me? Well Just try to get a differing opinion aired to the public on these mediums and you’ll soon see that it becomes painfully obvious where these news corps feed, because you Will be denied your opinion, just as investigative journalism has been denied when it contradicts the banking or corporate plans of the extremely wealthy that control the mainstream press.

Personally, I no longer watch TV, read newspapers or listen to the radio airwaves anymore because they are arrogantly biased and illogically opposed to common sense.

Call it what you will, but be assured that everyone will wake up to these facts sooner or later and when they do, there will be hell to pay…the degree will depend on how far the banking cartel try to take their illusion.

The Solution:

Nationalize all the private banks in each country to end the existence of “The IMF, World Bank, and the Bank of International Settlements”. Then each country must Nationalize all their natural resources so that the profits go into the nations coffers that supports the communities and the social programs. Reorganize the political structure so that real qualified people govern the nation. Money must not be allowed to affect the political structure ever again.

The World is yours to build, we do not need Private Banks to control it.

Stewart Brennan

World United News
http://worldunitednews.blogspot.com/

Please visit these other websites:

Russia Today Official English Website

http://rt.com/
Press TV Official English Website
http://www.presstv.com/

Special thanks to the following YouTube Channels:

Russia Today - YouTube

http://www.youtube.com/user/RussiaToday
Press TV YouTube
http://www.youtube.com/user/PressTVGlobalNews
Sinn Fein Ireland YouTube
http://www.youtube.com/user/sinnfeinireland
Etudiant Militant YouTube
http://www.youtube.com/channel/UCBejoIT2TX50_WQFp6LU56Q
Anonymous UK YouTube Channel
http://www.youtube.com/user/DCHTID247
Bahrain Revolution Media YouTube
http://www.youtube.com/user/BahrainMedia
Yemen Revolution Media Youtube
http://www.youtube.com/user/jjxxxxxxjj

Music: John Palmer

John Palmer – ReverbNation

http://www.reverbnation.com/JPalmer
John Palmer – Official Website - Music
http://externalcontrol.wix.com/worldinsideaworld-1

 

Read More

Coca Cola HBC move, questions viability of Athens exchange

 

Scott Olson/Getty Images/AFP

Source: Russia Today

http://rt.com/business/news/coca-cola-athens-london-532/

While Coca Cola Hellenic Bottling shifting from the Athens exchange to London will help the company avoid massive losses, the move could drag the Greek economy deeper into recession, ringing alarm bells for investors across the world.

“The fact that a very well-known and established international company is moving away from the Athens Stock Exchange is a negative situation,” Theodore Krintas, who helps oversee€80mln euro ($104 million) as managing director of Attica Wealth Management in Athens, told Bloomberg.

“Although the Athens Stock Exchange is considered to be a developed market, it has become more like developing than developed when you lose this kind of company,” Krintas added.

Coca-Cola HBC, Greece’s largest company by market value, said last week it was leaving the Athens stock exchange.The move will eat more than $8bln off the total value of equities listed in Athens – to about $31bln, driving the market value below that of the Vietnam; ($35.2bln) , Bloomberg calculated. Greece’s bourse is already the smallest among 24 developed markets tracked by Bloomberg.

The world’s second- largest bottler of Coca Cola products accounts for 23% of the keyASE Index’s weighting,with the company’s departure adding to the pain the Greek market has already suffered. Its value shrank 86% since its peak of $273bln fixed in November 2007. The downturn was largely the result of the skyrocketing borrowing costs of Greece, underpinned by the bailouts the country has taken up.

The growing budget deficit made the country agree to accept a 110 billion-euro rescue package in May 2010. Later, in March 2012, the 17 nations that share the single European currency approved the second package worth €130bln.

 

Read More

Britons living standards set to deteriorate in future

 

Source: Press TV

http://www.presstv.ir/detail/2012/09/23/263075/standard/

A new analysis of deepening income inequality in Britain has found that rich will become richer and the poor become poorer amid plans to enforce £10 billion welfare cuts.

The study, commissioned by the Institute for Fiscal Studies (IFS) and the Institute for Employment Research, for the Resolution Foundation found that low- and middle-income families will have their living standards slashed until 2020, even if the country faces a constant economic growth.

According to the findings, even a boom in future of the UK’s economy will not be able to cover the widening gap in the British society although the government is urged to drop its austerity policy.

Meanwhile, a plan by the chancellor, George Osborne, to slash a further £10 billion from the welfare budget by 2016 is being viewed as a declaration of war against the poor.

The results show net income of low-income households will fall by 15 percent by 2020, which is down from £10,600 (at 2009 prices) to just £9,000 at the end of the decade (again at 2009 prices).

This is while middle income families will also have their income slashed by three percent from £22,900 in 2009 to £22,100 in 2020.

On the contrary, rich and affluent families will have their living standards of living grow by 0.2 percent a year to 2020. This growth would be faster for the most affluent.

Professor Mike Brewer, research fellow at the IFS, said all the signs were that with current government policies the trend would be strongly against income growth for the bottom half of households.

"This analysis confirms the strong currents that will be pushing against income growth in the next 10 years, even once a recovery in GDP takes hold," he said.

"Britain looks likely to see continuing polarisation in our labour market as more high-and low-paid jobs are created, skewing the distribution of income growth towards higher income households,” he said.

"Meanwhile, support through the tax and benefit system is set to fall over the long-term, meaning that lower income households will tend to fall behind,” Professor Brewer added

 

Read More