Re: Generational Dynamics World View News
Posted: Sat Jun 12, 2021 4:01 am
Generational theory, international history and current events
https://www.gdxforum.com/forum/
The Soviet Origins of Xi’s Xinjiang Policy
Behind the CCP’s horrific crackdown in Xinjiang is a desperate drive to avoid the mistakes that led to the USSR’s collapse.
https://thediplomat.com/2021/06/the-sov ... ng-policy/One finding struck me: Chinese narratives about the Soviet collapse have been marshalled to justify the escalating horrors of ethnic assimilation in Xinjiang. Xi’s reading of Soviet history will not dissuade him from cultural genocide in Xinjiang. It will only steel his belief in the urgency of the endeavor.
The above poll indicates that 30% of Democrats believe that the election> "Our polling indicates 51%, a majority of U.S. likely
> voters, believe cheating impacted the 2020 election results, up
> from 47% just after the November election. Legacy media spends
> 24/7 demonizing any questioning of the 2020 results. Public trust
> in them is demonstrated below – pic.twitter.com/FxWv8ZVQ6v
> — Rasmussen Reports (@Rasmussen_Poll) June 7, 2021
>
- Rasmussen poll results
Yes, our last stand.Cool Breeze wrote: ↑Sat Jun 12, 2021 4:49 pmGreat, informative post.
2022 will be an inflection point in the "last stand" category of American history.
So you think there will be deflation?Navigator wrote: ↑Sat Jun 12, 2021 1:33 pmThing is, deflation starts not at the top, it starts at the bottom. It’s not the banks or the bankers or the well-off who are maxed out and stop spending, but the people in the street.
They are responsible for most of the spending in an economy, and therefore for the velocity with which money moves in a society. And if the velocity of money falls below a critical point, no increase in the other side of the inflation/deflation equation -the money/credit supply- can make up for the difference. There is a point where all of the King’s horses and all of the King’s central bankers can’t put Humpty Dumpty together again.
The people in the street are not just maxed out in the sense that they have no money, they have less than no money, since they’re deep in debt. An increasing part of whatever they do still have, and what they make in their ever lower paying jobs, goes toward debt payments. Yeah, that’s the giant sucking sound.