Excellent idea, more about the financial side of the American track.
Excellent idea, more about the financial side of the American track.
The sky isn’t falling you fecking idjits.
[Marriage is also a factor. Unmarried women don’t want a baby.
I am shook. Women don’t wanna be lumbered with the baby of a man who doesn’t care enough to be a husband and father?* They aren’t attracted to feckless manchilds?
“That’s because the decline in fertility has been far greater among minorities than among non-Hispanic whites”
NOT. A. BUG.
Chart for the lazy people:
That’s called a selection pressure, children.
Men won’t marry? Women won’t breed.
Who wins? [women, their relatives breed]
“But the “white” fertility figure is a bit misleading, as it includes most Hispanics, who have historically had much higher birth rates than non-Hispanic whites. Looking at all Hispanics together, these women are missing nearly 19% of the babies that would have been born from 2008-2016, or about 2.2 million births, as their age-adjusted fertility rates have fallen from 2.85 births per woman to just 2.1, and continue to decline. Meanwhile, non-Hispanic fertility has only declined from 1.95 births per woman to 1.72, yielding about 2.3 million missing births. Solidly half of the missing kids over the last decade would have been born to Hispanic mothers, despite the fact that Hispanics only make up about a quarter of fertility-age women.
Thus, in racial or ethnic terms, America’s “Baby Bust” is kinda, sorta, a little bit racist”
Telling them to be breeding sows isn’t?
Hey, what exactly are they claiming these women should do?
Get back in the maternity ward? Pump out future Dem voters?
*If you really “care” (virtue signal) about Western birth rates, Chicken Littles of the internet, ask MGTOW why they’re complaining about the birth rate but not marrying. You don’t get to complain if you’re causing the ‘problem’.
A problem you cause is a CHOICE.
[GDP will go up in a generation with fewer lower IQ drains on its system.]
Other data article:
For the lazy:
“That is, most long-run change in fertility can be accounted for by changes in the marital composition of society.”
“Marital status is a key determinant of whether or not women have as many kids as they want.”
HALF OR MORE.
Meanwhile, student loans must be written off if you care about IQ.
“It’s possible that debt may also reduce fertility, independently of marriage. Some studies do show that student debt has a strong effect on delaying fertility. The economic rationale is simple: having and raising children costs money, and student debt gobbles up a share of income right off the top of the budget. Crucially, even income-based repayment doesn’t fix this, as it resets with higher incomes: a debtor can’t earn their way out. As income rises, so do debt payments. At some high threshold, of course, the debtor can exceed the required payments and can advance the date of final repayment, but the point is that student loans, no matter how they are structured, divert money that might have gone towards planning for a child. It’s even possible that student loans delay marriage because they cause debtors to change their childbearing anticipations: maybe debtors realize they won’t be able to afford a child for a long time, and so they postpone marriage until they are (financially) ready for a child.”
Men can’t afford to marry, have kids unless loans are much lower.
Loan control would be a conservative policy, boosting high IQ fertility.
More babies being born are born to high IQ, educated parents.
Again, actual data.
“Finances, and student debt, specifically, aren’t the only reason for delayed marriage. Most unmarried people who want to get married say either that they are too young and unready for marriage, or else they haven’t found the right person. It may be that part of the problem is the decline in “marriageable men.” At the metro area level, the imbalance in sex ratios can sometimes be enormous.”
“The simple fact of the matter is that marital status is a key determinant of whether or not women have as many kids as they want.”
Women want to have kids, it’s the mens’ fault.
“Combined, it turns out that a combination of marital status, age, and fertility ideals is a pretty good predictor of individual-level fertility. In other words, marital status serves as a circuit-breaker on fertility aims: married people get close to achieving their aims, while never-married people generally don’t.”
“But one vital driver of birth rates is marriage. And as long as the average age of first marriage rises and the number of prime childbearing years the average woman spends married falls, we can expect to see fertility linger at low levels. Therefore, any policy supporting childbirth—however generous it may be—that does not also somehow impact marriage trends is unlikely to boost long-term fertility.”
It isn’t women’s fault they won’t man up.
The data is loud and clear.
White bachelor men are cucking themselves.
Minor note, mostly rhetorical questions. If you find answers, I’d love to see youtube videos, articles, all sorts on the topic. It’s only gonna get bigger. Regardless of your current politics, I assume you want a final solution.
What were wages like, before the welfare state took off?
How did colleges agree to do the training the capitalist pigs were supposed to do, but less efficiently?
(clue there: Third World)
Why do left and right agree keeping people dependent on them is a good thing?
Are those not voting slaves, to lend a veneer of authority to this arrangement?
The main principle of liberal democracy is that education is free.
That is it.
It used to be in GB, until Labour changed it. Yes, welfare cliff-loving anti-Labour party.
The Tory/Lib Dem coalition merely increased it.
They want to increase it again.
Maybe just reduce the places, like before? Universities want their pound of flesh.
They’ll get it. They’ll also die, in this form.
This gets to a good point – with the Civil War, Americans enslaved themselves.
To buy shit they don’t need.
Student debt is the secret vote-changer.
As we learned from Trump, it pays to promise big.
If you only deliver on part of it, that’s still more than the guy promising small fries.
Boomers destroyed the social contract here to enslave the youth, as you can see on Best Post, we’re not having it. There’s a going Galt element to the whole Gen Y. We’re waiting for big ticket prices to come down, that’s the characteristic behaviour of a Depression.
You want this economy, you like this failing economy, you can keep this economy – and retire in it.
Which is likelier as a generational bailout?
The productive with 50+ voting years or the already dying-off lazy people who refused to save?
Don’t start me on their inability to retrain.
It would be karmic to liquidate Boomer’s Medicaid/Medicare/401ks, the ill-gotten gains. That’s blood money from Gen X, all of Gen Y and now Z.
Who told them they had to do college? Who were the teachers? Who ruined savings rates?
They voted in their gibs, we never consented to that.
We’re slowly learning that fact.
We won’t ever retire, either.
It’ll be high time the old socialists learn the young have power in any economy.
Whoever refuses to retire out of their outmoded title.
“You can’t put a price on an education” yes, because in the age of the net, it’s worthless.
In the UK it could easily fold, the loan company is Limited Liability. It can just disappear.
Into the ether.
The recent “Graduate Tax” is just that. It’s free money promised, real labour taken.
Kinda like being given a free shovel to dig your own grave.
Mis-sold a dream of a healthy capitalist economy. Sue all your teachers, back down to K. EVEN the nice ones. ESPECIALLY the nice ones. A mugger would at least have the decency not to smile and they only shake you down once.
Prices also rise to compete with foreign students’ fees. In an epic move of classism, most ‘domestic’ students are too stupid to realize the anchoring effect applies and the higher ‘overseas’ fees will eventually apply to them.
Plenty of Boomers have invested in funds that bleed students, one way or another. How can you retire off companies they can’t start? Beats me. They still live in the 70s in their heads.
Repayments as a rate is abysmal, something like half depending on who you ask (prolly ~2/3 then, going by British understatement), the UK’s company will tank. The economy won’t grow without fair loans, it bleeds the very youth who should be most prosperous. With a failing economy, there’ll be no jobs to earn sufficient wages (with immigrant competition too, thanks globalization!) to pay them back. Speaking of multicultural parasitism, Muslims get loans free. Yep, no interest, because they claim to believe interest is evil. Hey, me, real Christian, too? I doubt somehow that’ll work for me down the bank. Racists.
We’re living in the cat bounce economy.
All these bubbles are making it boing.
They’re not even making the most money out of this, that offends me. It’d be better to tax a healthy economy than squeeze a dead one. A smart enemy I could respect.
The student loan bubble, brought to you by the ‘educated’, like your moral betters of Hollywood, has made the West a dead parrot.
I’d wager by volume alone, the current student is lower in IQ compared to a century ago, when standards were higher and only the best men and women attended. [IQ section at end]
Schools are never “free”, they intend to bleed you more dry, by boosting your (blood) productivity volume.
It is not charity, they are not a Church.
“The availability of federally guaranteed loans allowed colleges and universities to raise their prices to whatever the market would bear.”
No free-market, no capitalism. That’s hardcore Communism – all in, whatever they want to take.
Universities were respected for centuries when led by the Right. Ever notice how, when the Left gets a hold of something, they turn it to shit then run it into the ground, waiting for the Right to come back in, scrape it up and fix it before they can try to push in again? It starts with clubbing cultures, quality people are put off by them. Why are colleges mixed? Aren’t grades lower that way? If you treat the centre of learning with the disrespect of a brothel, it’ll get that reputation.
America so free, unlike your college degrees.
Why aren’t you given an annual pie chart of who exactly gets your money? % admin, % teachers etc etc.
They’re your employees, right?
And how long do you work, for free, later, to have heard the gospel of your Prof’s opinion?
Rest assured, opinion it surely is.
You’re smart enough to read a textbook solo, right?
All you need are textbooks written by the experts. There wouldn’t be enough of those fill one college, let alone teach a nation. Why are we watering down the quality of academic communication? Busywork jobs?
“Higher education is a wealth transfer from indebted families to professors.”
Yep, you know who to picket next. The people constantly telling you to rebel against other people. Red herring over there! No, over there!
“I was a finance major from a top university, graduated with high honors, got my CMA, etc. No one ever brought up the rather simple concept that total debt has to constantly expand else the old debt + interest can’t be repaid. I didn’t figure that out until 30 years later – in fact I just hadn’t given it any thought. It wasn’t until 2006 that I started looking at what was going on and the implication of what happens if debt starts shrinking hit me. I bring that concept up to people occasionally and almost everyone’s eyes glaze over.”
Yeah, the Bible did warn you that debt is evil. A lot.
You keep owing more and more dead people until you die.
Or your demographics die, either/or.
“I blame parents and kids too naive to realize long term debt like student loans is like a prison sentence.”
Young adults are naive. If you’re old enough to be a grandparent or more, you are not allowed that reason.
In many prisons, you don’t work.
The bankruptcy law can be un-written as an ageist incursion on human rights, if there were a sufficient voting bloc, BernHeads.
Bad laws are struck down all the time.
National debt itself is intergenerational bondage, it wouldn’t hold up under scrutiny. Why should we observe dead people’s IOUs? Are they my blood? Who is We? I didn’t sign shit.
The damning irony is how young people pay twice: first to faceless investors (get the names, start a petition) for the interest, then to national debt as the Government backed their debt.
“Trump should reverse the legislation that prevents students from declaring bankruptcy to shed student loan debts. Student numbers would drop, loans would drop, and those dipshit libtard professors of stupidity and PC would soon be grovelling for handouts. Also the lenders would get their asses kicked for having made stupid loans secured only by the lifetime ownership of the slave, or debtor.”
If he does that before the next election, he would definitely win.
Debtor’s prison is now invisible, you’re still breaking rocks for someone else.
“College is a scam. You can learn just about anything nowadays on the internet, we only need facilities for proper testing as verification of learned skills. [old purpose of a college] College in it’s current form only needs to exist for specific fields such as Medicine and STEM.”
MENSA has methods. MOOCs exist. Why should college employees be full time?
You could also make credit cards hard to get, the way they should be, because that’s another way to get stupid teens hooked on the drug of free money.
Talking of the illusions of opportunity. Here’s where I get shitposty.
This situation reminds me of Louise Redknapp. Bear with me on this story.
Women are cunts in one particular situation – to break up a marriage, a happy marriage. Whether it’s out of envy or because they want the husband (who needs a shoulder to cry on) doesn’t matter. (Men can do this too but it’s a female tactic based on emotional manipulation of insecurities, that might not have existed before). Men just plain gaslight, usually e.g. you’re mad if you can’t see your wife’s getting fat, why don’t you leave her? Proper response: stop looking at my wife (Biblical). Related is the guy who keeps telling you to quit your job dramatically, they are toxic and want to ruin your life for thrills. Like living vicariously but destructively.
Let’s see how this plays out in a real female case.
“LOUISE Redknapp has revealed she quit her marriage to football star Jamie after Daisy Lowe convinced her she was still sexy.”
Chucked an apple of discord into something that was none of her business.
Planted a seed of doubt. Mean Girls tactics, as I mentioned before. Frenemies.
Homewreckers don’t need to sleep with anyone, they can split you up with words. They can be male or female.
“Louise, 42, said a turning point came when Daisy burst into her dressing room and told her: “Oh, my God look at your gorgeous body. You have to wear a sexy dress.”
See, I would’ve told her to fuck off, but most women are weak. She’s way too old to plead dumb.
It’s like the female trolling thing, they never suspect ulterior motives either.
A friend trusts you to handle your own marriage, you aren’t a child. It’s like the ex-spouse who hangs around (as a “friend”) making sure you can never move on or ruining any happiness you do find – men are dumb to that (coughs in a cloud of Musk). Classic female revenge, tactic #1. I can’t live with him, he took so much away from me, I’ll make it so he can’t live without me.
Making you needy isn’t what a healthy friend does.
3 Questions if you suspect someone is doing this to you: Why is this person lovebombing me? What plan are they seducing me into? Has life dragged since they came along?
That burst-in moment was clearly planned. Since the woman is bi, isn’t that peeping?
“The star admitted: “She kept on at me to wear something sexy and by week three, I was in a leotard and tights not feeling self-conscious at all.”
He should be able to sue for alienation of affections. Really.
These laws protected people, including the children, they exist for good reason.
The economy right now is kinda like Vapid Louise’s mindset, with the perfect life and perfect husband and great kids, chucking it all in on the word of a slag. This is why you guard acquaintances to your marriage very carefully on both sides. Protect the family unit from all “well-meaning pals”, who want your free, single time back again. This isn’t going to end well, because it’s based on a total inversion of the truth. The grass isn’t greener, unless it’s also full of shit.
Academics deciding academics are smarter than those pesky people who can sustain themselves.
OK no bias there.
“The average person can do creative work today that they couldn’t do in 1900.”
Yeah that must be why the artwork is so much better… see what I mean?
To say someone who doesn’t want to sit behind a desk is 2SD below mean (and so retarded) is such a huge category mistake. To claim that of someone with more skills than you is a barefaced lie.
“Do you expect these gains to continue through the 21st century?
Isn’t that your job? Whole purpose of life?
“The developing world is a different kettle of fish. They’re taking off in the way we did 100 years ago.”
With our money?
The great replacement, you trained it. Paid for it, too. Will continue to, in national debt.
“Remember that in America and Britain in 1900, the mean IQ was 70.”
I think you’ll find it was 100, we are not the standard. Saying that doesn’t make it so.
If scores should be lowered for criminals, why not everyone else, inc. students?
“Initially, it was very tough going. People had the notion that an IQ score was fixed. It just told you what the person’s IQ was — they don’t realize that it’s a relative score and that sometimes people are being compared with the previous
generation.” How do they not know this? Who else is there?
What do they think normative means?
If kids can get “genius”-label IQ scores, the system is broken. That number tells us nothing now.
I don’t care how Asian they are. Child abuse with the side of habitual caffeine IVs are no excuse.
White toddlers being declared genius also show the system is null and void as-is.
Good move, but ya gotta test real knowledge. No scoring on a bell curve. As we all know, grading on a curve is what Hitler would want.
Otherwise, when you import Asians, you import Asian corruption.
Knowledge is nothing in their culture (instead obedience), intellectual honesty is funny. It’s all about money and social status. Elections are rigged too. Thanks to that lovely import of Asian culture.
Bring back rote, if you care about the children.
Learning is purely based on memory, not a singular performance. Life is not that simple.
“Back then children were treated and expected to act like little adults.”
They are, there’s no such thing as a teenager. Either you have adult rights (majority) or you don’t.
“political scientist James Flynn”
Oh. That explains it. Not a scientist.
Meanwhile, in psychometrics (founded by that evil meanie Sir Galton);
Unlike IQ, you can’t cheat on RT by hiring a tutor (yes, that’s cheating, it’s a resource and the other kids taking the test don’t get one).
IQ is a sound construct. What is claiming to be in colleges is a shitacular circus show.
Just like SAT cheating.
The Forex news is fascinating recently.
For example, I doubt most Americans on the street even know China’s yuan has reserve currency status.
This sort of thing will affect your state budgeting and everyday comfort (standard of living).
I haven’t been bullying the Yanks, OK maybe I have been lightly ribbing you, but I think it’ll be down to crypto and Sterling (not biased, based on structural factors) plus USD if it gets its own structure in order (I live in hope with a bagful of monies) and maybe Germany’s DM once the EU goes tits up.
Predictions subject to change say, if Germany does something really stupid i.e. go to war.
Begging the question: What do they know?
God loves an optimist, I suppose.
Why an EU army?
In March 2015, European Commission President Jean-Claude Juncker said the EU needed a common army to be taken seriously internationally. But Britain – previously Europe’s leading military power – had been opposed. Post Brexit, the EU can push ahead with plans.
See, for once I wasn’t being silly.
To taking sucker punches at the Petrodollar!
The International Monetary Fund added the yuan to its basket of reserve currencies last October, in addition to the U.S. dollar, the euro, the yen and the pound.
The story this time involves China’s plan is to price oil in yuan using a gold-backed futures contract. Even if that were true, the impact would be zero.
CNBC reports China has grand ambitions to dethrone the dollar. It may make a powerful move this year.
Their bold, not mine.
They view it in a vacuum. Bitch please. Russia has plenty oil and they’ve been in cahoots for years.
This is an open secret, look it up.
“I highly doubt China even seeks what these petro-yuan analysts claim.”
OK, man who works for Pacific Capital Management and includes no disclaimer of vested interest.
Here’s a pithier title
That’s… that’s pretty much it.
China, the only country with enough weight to challenge U.S. financial hegemony, has just announced through its People’s Bank a payment versus payment, PVP, system for transactions in Russian rubles and Chinese yuans so as to reduce the influence of the U.S. dollar on international transactions.
The grand design behind the One Belt, One Road Initiative, ICR, has an integral gold-based currency component that could change the balance of global power in favor of the Eurasian nations, from Russia and the Eurasian Economic Union, EAEU, countries to China and all of Asia.
But I’m imagining things, right, gaslighters?
Could ya Google it? Would it kill ya to Google it first?
The Asians are our friends because they smile at us.
This is how China and Russia have financed the U.S. military budget in recent years, by purchasing bonds and bills that allow the U.S. Treasury to finance this deficit without raising interest rates.
They’re so polite!
Money can’t buy you class.
“It soon dawned on me that the real question to ask is: “Why are the Chinese rude?”
Yong Chen, tourism researcher and post-doctoral fellow at Hong Kong Polytechnic University, said most “bad” tourists don’t intend to be “bad” or “tourists”, they are just being themselves – they are being Chinese.”
The U.S. military budget is aimed at controlling China and Russia and the Eurasian bloc, and destroying their economies, while those countries need to hold dollar reserves against possible future U.S. currency wars.
With friends like that.
This is why you don’t develop foreign nations. Eventually they’ll screw you.
If only the Chinese had a children’s story around this lesson.
Literally telling their kids altruism and reciprocity is for suckers.
Congratulations, collectivism. I knew you could do it.
Corrupt your own children out of being weak and kind.
They don’t give dogs rights. I’m sure they’ll be nice to us.
“But animal rights campaigners believe a large number are stolen pets sold on the black market – some with collars still attached.”
“The Chinese have always been a cruel people – not only to animals or to neighbors but to each other as well. It’s in their arts, their literature, their philosophy…”
China, Russia, allied countries of Eurasia, the rest of the BRICS countries, countries of the Shanghai Cooperation Organization, SCO, and possible members such as Iran and Turkey, are preparing to reduce their vulnerability to a bankrupt world banking system.
Notice everyone hates Iran lately?
In 2016, China joined the International Monetary Fund as one of the five main currencies in the currency basket by which the IMF calculates the value of its Special Drawing Rights. That step gave the yuan a big boost in international acceptance. Before 2004 it was not permitted as an instrument of international trade outside of China, but since then its monetary authorities have laid a careful foundation for the internationalization of the yuan, which already exceeds expectations, to become a global anchor, a reserve currency that will overtake the Euro in the next few years.
Putin doesn’t like Trump, he’s playing Trump to buy time.
His eggs are already in a Chinese basket.
In a 2016 report, the HSBC bank reported that since 2012, the Yuan (or renminbi, RMB) has become the fifth most used currency in the world. Elvira Nabiullina, governor of the Central Bank of Russia said: “We have finished working on our own payments system, and if something happens, all operations in SWIFT format (World Society for Interbank Financial Telecommunication) will also work within our system. We have created an alternative,” something which alarms the U.S. Treasury, the Federal Reserve and Wall Street banks.”
Wait, it gets worse.
In order to avoid a steep fall in oil revenue, Suadi Arabia’s King Salman visited Moscow in early October where no doubt the plan for a petroyuan was discussed
China has been pushing for more use of the yuan in oil settlements. As the country has become the largest importer of oil, surpassing the U.S., it can call the shots internationally and provide greater energy security. So Beijing hopes to challenge the dollar by establishing a futures market with its own currency and reports indicate that China is willing to introduce a benchmark index of oil with a price in yuan in the coming months.
Elon Musk, you’re our only hope.
An oil futures market based on the yuan will stimulate demand for its currency that will give China strategic influence.
Watch where the weak ones flock.
Due to sanctions and global intimidation by the U.S. Treasury Department, Iran, in particular, was one of the first to adopt yuan-based oil sales. Now in 2017, Venezuela is following suit. For the same reason, Russia agreed to trade some oil based on the yuan in 2015. Any decline in the status of the dollar severely weakens Washington’s ability to wage its economic war against Russia and destabilize the Eurasian bloc.
China and Russia do not seek to attack the dollar to destroy it, but to create an independent alternative reserve currency for other nations that want to protect themselves from increasingly frequent financial attacks by U.S. Treasury banks, Wall Street and hedge funds.
In the same way that treating cancer is good for the tumor.
Now, China and Russia’s system of settling bilateral payments is being extended to other Belt and Road Initiative countries in Eurasia, to the BRICS countries and to Venezuela as part of its geopolitical orbit, the Chinese government’s declaration contributes towards creating this alternative monetary system. Moreover, as an alternative backed by gold, independent of the politically explosive and speculative U.S. dollar system, in years to come it could protect China’s allies from economic attacks and financial war
Message is clear: We’re not going down with Uncle Sam.
The central bank has “a stronger grip” on the yuan exchange rate now thanks to the adoption of a murky counter-cyclical factor in setting the daily price of the yuan, Larry Hu, the chief China economist for Macquarie Securities, wrote in a note.
Corrupt as ever.
China’s current account surplus was US$106.3 billion in the first nine months of this year, or about 1.2 per cent of its gross domestic product.
Meanwhile, it reported a US$60.8 billion surplus in its financial account for the first nine months, a big turnaround from a deficit of US$389 billion in the same period last year.
Petroyuan up, Petrodollar down.
This is now.
Biggest importer of oil in the world, Leonardo DiCaprio doesn’t say a word.
As in, it hides from you based on where you view it.
United States can get most of what it wanted, including intimidating and bullying anyone in the world, partly because of its almighty U.S. dollar. It’s a known fact that the U.S. is broke. America is the world’s biggest debtor nation – owing more than US$20.37 trillion – and climbing. Whenever they run out of money, they would start the printing machines to print more.
Trump has said this.
It’s the demands for U.S. dollar that keeps the currency note valuable. But a combination of geopolitical pressures could spark the end of the U.S. dollar as the world’s reserve currency, according to the head of FX strategy at Saxo Bank. When the faith on the notes disappears, the powerful America could crumble. That day has actually already begun – quietly and slowly but surely.
John Hardy of Saxo Bank said – “The world is turning its back on the almighty dollar.” And thanks to President Donald Trump, the day when business depends lesser on the U.S. dollar than it is today has been leapfrogged. The U.S.-Europe transatlantic relationship is fast loosening its shine as the E.U. realizes it’s time they become more independent.
The EU connection is over-stated. It’s Russia and China.
The E.U. doesn’t need the U.S. to survive. In fact, the European Union’s economy is bigger than the United States. For the second year in a row in 2016, China – not the U.S. – was actually the world’s biggest economy, generating US$21.3 trillion in economic output. That number is enough to wipe out today’s U.S. national debt, with some loose change.
And European Union – not the U.S. – was in second place behind China, churning US$19.2 trillion while third place America produced US$18.6 trillion. Together, China and the EU generated about 33.9% of planet Earth’s economic output of US$119.4 trillion. However, the U.S. could easily send the Middle Kingdom Chinese into financial chaos by wrecking its economy – with Section 301.
The equation is very simple;
High IQ population, accounting for density = Lots of $$$$
But sure, you’ve got a few thousand brains in Silicon Valley. Good for you. And how many will flee to Israel when the Petrodollar is ruined for good? Geniuses per person in America, expected to save the rest? What if they refuse to work? Why do you allow second passports? At least stop cucking for China, your future superiors.
China knew it but has no choice but to play ball, for now. And the Chinese also knew the only way to fight back eventually is to rely lesser on the U.S. dollar, without which Washington would not be able to tell anyone in the world what to do and what not to do. Just like the EU, it doesn’t make sense for China to trade with other countries based on U.S. dollar.
As the world’s biggest economy, the Chinese has long realized how dumb it is to do business using the dollar, instead of their own currency – Yuan or Renminbi. The U.S.-North Korea conflict is a classic example how China can be arm-twisted to fix a problem started by the U.S. But soon, that could change and the U.S. domination may be a thing of the past.
Not only China is the world’s biggest economy today, they are also the world’s largest consumer of crude oil. As the Republicans and Democrats are doing a fabulous job destroying their own nation, China is working on a plan to “force”Saudi Arabia to trade oil in Yuan, instead of the traditional U.S. dollar.
Carl Weinberg, chief economist and managing director at High Frequency Economics, said Beijing stands to become the most dominant global player in oil demand since China usurped the U.S. as the “biggest oil importer on the planet.” He said – “I believe that Yuan pricing of oil is coming and as soon as the Saudis move to accept it, then the rest of the oil market will move along with them.”
Is this a wishful thinking, considering 80% of world trades are being conducted using U.S. dollar? Not at all, if one can see how many enemies the U.S., and Donald Trump for that matter, has made over the decades. In April, China and Russia has started the ball-rolling in killing the U.S. dollar when both powerful nations agreed to trade oil in a non-dollar environment.
With trade volume of US$59.5 billion in 2016, China’s ICBC (Industrial and Commercial Bank of China) has opened a clearing bank in Russia for trade settlements on business involvement – including electricity, mining, chemical, oil and gas, telecommunication, retail, machinery and metallurgy sector in Russia.
But Trump got a phone call.
With more countries, such as Iran and Venezuela, being added to the list of America’s foreign enemies, those nations who have been suffering at the hands of U.S. financial and trade sanctions will be happy participants in the Chinese scheme and could provide critical mass. Now, China is targeting Saudi Arabia, the leader of OPEC cartel.
Since a 1974 agreement between U.S. President Richard Nixon and Saudi King Faisal, Saudi Arabia has accepted payments for nearly all of its oil exports in dollars. And King Salman uses this excuse in order not to offend the U.S. when trades with the Chinese. Beijing, however, isn’t impressed that they need to pay using their rival’s currency.
To pressure Saudi, China has been purchasing less and less oil from the Middle Eastern kingdom. It doesn’t help Saudi’s bargaining chips that crude oil prices remain stubbornly low. Mr. Weinberg said – “Saudi Arabia has to pay attention to this because even as much as one or two years from now, Chinese demand will dwarf U.S. demand.”
America should be worried about China’s plan to crown their own currency – “de-dollarization” – because the demand for the U.S. dollar would be between US$600-US$800 billion less, when oil trade is moved out of dollars to Yuan. Not comfortable with the not-so-glorious Yuan / Renminbi currency? No problem, because the Chinese has another currency on the offering – “GOLD.”
It was a clever plan because not only China is openly challenging the U.S. imperialism, the latest move by the Chinese will allow oil exporting countries such as Iran and Russia to bypass U.S. sanctions by trading in Yuan instead of U.S. dollars. To make the Yuan denominated contracts more appealing, China is making the Yuan fully convertible to gold on the Shanghai and Hong Kong exchanges.
I bet that gold isn’t faked.
This is what they’ve been planning with the real ones.
Yuan-backed oil and gold futures, when fully implemented, mean that users can be paid in physical glittering gold. Already, Russia’s biggest bank Sberbank has announced in July that its Swiss subsidiary had begun trading physical gold on the Shanghai Gold Exchange. While “petro-yuan” isn’t as attractive as “petro-dollar”, the “petro-yuan with gold” could definitely be a game changer.
Chinese character: “You cannot reason with these kinds of people,” Wang said. “They think they can do anything with their money.”
“Living in China, where the rule-of-law doesn’t exist, means everyone has to look out for their own interest. It also means people have little or no respect for laws.”
Yes, have fun trading with them!
“Consistent with our views, the broad rebound in global growth in 2017 left the dollar weaker against much of the G10,” Waldman says.
“Going forward, as the global recovery explores its “room to grow”, the dollar should continue to depreciate,” the strategist adds, before citing a number of factors that lend additional support to his bearish Dollar view.
“This has led to the biggest deterioration in the US net international asset position vis a vis where it should be based on the accumulation of current account deficits,” says Waldman.
Another factor, less directly connected to Waldman’s topic but still relevant to the greenback’s trajectory, is global central bank buying of US Dollars.
It is disproportionately represented in central bank currency holdings, particularly as America’s share of the global economy is in long-term decline, given the rise of the emerging world.
Congratulations, you trained your replacement.
Only an idiot would send their factories overseas and expect the prosperity to remain at home.
To allow your elite Universities to be swamped by the foreign competition is a direct betrayal of your people. At least there should be caps on overseas students for fairness.
Collectivists. Worse than SJWs.
The recently released Chinese student’s recording of the argument he has with his teacher about using the word “Taiwan” illustrates how issues of sovereignty and territoriality can be very emotional for Chinese students.
Censorship, they crave it.
In the video, the Chinese student says, in a calm voice: “You have to consider all the students … Chinese students are one third of this classroom. You make us feel uncomfortable.” He goes on to argue, “You have to show your respect.” The discussion becomes somewhat unclear, but it sounds like the student then says, “It really makes us feel terrible.”
Aaaand then the threats. Naturally the alt right is too chickenshit to call out the Chinese when they pull this BS.
The mantra of “hurting the feelings of the Chinese people” is not new. This emotionally charged phrase is used regularly in the Chinese press, with varying degrees of vitriol
Your new masters. You are not allowed to criticize in a white country.
On top of surgery to look more trustworthy, this isn’t espionage at all.
Meanwhile the natives suffer as the education in their country goes to wealthy outsiders.
We invented the University.
Would they commit treason?
Qian Xuesen first fought his deportation, but later accepted his fate and went on to become the founder of China’s missile and space programs.
They said he was a traitor, he proved them correct.
The reason Korea is talking shit to America. This one Chinese student. True story.
Qian Xuesen came to the United States to study aeronautical engineering at MIT and Caltech. He helped the U.S. military develop jet-assisted takeoff technology during World War II, and became the founding director of Caltech’s Jet Propulsion Laboratory. The United States even sent Xuesen to Germany to help interrogate Nazi scientists, including famed rocket scientist Wernher von Braun who went on to help found the U.S. space program.
Why were you trusting a foreigner with this?
He became a Chinese national hero, and oversaw an accelerated development of Long March rockets that would form the foundation for China’s missile and space programs.
“Indian sources credit China as the source of the new [Pakistani] ABABEEL warhead multiple reentry vehicle technology and it is indeed plausible Pakistan passed such Chinese-origin technology to North Korea.” According to Fisher, China may also have provided the warhead technology directly to North Korea.
Asians are loyal to one another, they hate Whites.
The University system is a whore.
Until recently, preference was directed toward American and Canadian universities, but the 19th China International Education Exhibition Tour which was held last weekend in Beijing with more than 400 universities from 20 countries and regions taking part, showed a different picture.
The major reason for students becoming interested in studying in European countries is that many schools do not charge tuition to international students, and it is a good opportunity for getting a good grasp of a foreign language other than English.”
How is that legal considering the human rights of the natives, whose taxes fund those institutions?
Meanwhile, the people who made these places worth attending.
Why can’t post-grads get a place easily? Racism. Anti-white racism.
They aren’t even as smart as the ones who do get in.
The Asians are beginning to chirp up like paid-up SJWs.
Meanwhile, we’re deliberately being impoverished by being banned from those positions in our own country.
Even non-whites born here are screwed over for shinier foreigners.
Yes, keep talking about American academia like it’s a bubble and not a toxic waste spill.
Look it up, they brought in the tuition fees.
When do they scrap the debts already on the books, if we’re all equal?
“Shadow Education Secretary Angela Rayner says she does not yet know how such a policy might be funded.”
We could try selling leprechaun gold?
For some damn fine reasoning on this subject.
Speculative but educated post. I wrote this a few days ago but took those off out of respect.
It goes from professional to shitpost-territory. A lot of known-knowns you’re supposed to pretend not to know.
8,000 words, most of them shit-tier.
“A key issue in this debate is that not all debt is created equal, while a parent often absolves a loan to their child the bank seldom forgives a loan on an automobile. Sometimes like in the reality game show Survivor it comes down to who is left standing. I contend winning does not always come down to who is the best, strongest, or smartest, but that luck and many other factors also come into play in how things unfold. For example, imagine two widget factories on the hill outside of town and both with the same pricing and quality product but financially weak, if a storm knocks out production at one factory resulting in its closing the other would benefit from inheriting its customers and maybe even able to raise prices. This comes down to the idea of old fashion supply and demand. This revolves around the supply of money just as much as it does to the supply of the commodity it is being used to purchase. We are often forced to question the formulas used to compute inflation.”
On hyperinflation risk;
“I continue to contend the primary reason that inflation has not raised its ugly head or become a major economic issue is because we are pouring such a large percentage of wealth into intangible products or goods. This includes currencies. If faith drops in these intangible “promises” which is the base of our financial system and money would suddenly flow into tangible goods seeking a safe haven inflation would soar. This theory will be explored more in part 2 of this three-part series.”
“Following this and I do mean following as by “several” months, central banks will be forced to unleash such a massive amount of new currency into the system to combat the scourge of deflation that it will stagger the mind. This will in effect clear the deck of deadwood through hyperinflation and pave the way forward to introduce a new or a “batch of new” currencies.”
I don’t think we’ll trust the old money-lenders with a new currency. There’d be no faith without a change in leadership and I mean total.
“The debts that are not written off will become a moot point in that most will be devalued and paid off in worthless paper. The important issue will not be fairness but how to get from here to there with the least damage to the institutions and wealth those in power seek to protect. Sooner or later all great Ponzi schemes must come to an end.”
Student loans are bullshit, exhibit A. You can’t tax labour that hasn’t happened.
“You can expect promises to be rewritten and broken. Rules will change as we go through the wash. Most people will see their assets rinsed away as society is put through the wringer. For example, expect the cost of living adjustment on social security to be modified reducing payments to the elderly. Adding to the woes of retirees is that many pensions will be forced to reduce payouts and break promises as the returns on their investment fail to meet expectations. Many of the guarantees and paper promises granted over the past decades will prove to be less valuable than the paper they are printed on.”
Pensions were immoral anyway, fuck the people who never bothered to save.
You can’t promise someone else’s money, especially in the future, that may never manifest (Rise of the NEETs).
The pensioners wish to tax the blood and tears of the young, if work’s so good for everyone, they can join in.
Real estate will drop like a stone in the ocean, it was puffed up by foreign investment from dodgy governments but without anyone willing to purchase at (their) prices, the move to cashless will try and curtail any black market bartering. We’re already living under Junk Food Prohibition to anesthetize us.
There is no such thing as a blue chip. All stocks are equally worthless without workers. Marx didn’t account for the stock market but it requires cooperative workers and a stable currency. Cue laugh track.
I dislike this gloomy tone but there’s no way around it. The loss of personal savings by citizens is the tragedy, shitty
investments in the property bubble deserve to die, you have an obligation to maintain property the same way as a classic car.
At least cars are valuable by brand and model, the location of your home is dependent on local demographics so it’s no wonder immigration is an *issue* to those with large holdings wanting to preserve their ill-gotten gains and continue to squeeze the youth like we won’t snap at some point. The low-IQ imports may be violent but otherwise not a threat, it’s the people who placed us in this situation for greed that must be dealt with in the French way.
Generation Rent doesn’t just apply to houses – we stream, we eat out and we’re raised on convenience. When all that supply chain goes away, a lot of former Communist Guardian readers will become capitalist without their coffee fix. If you count latte as coffee.
Of particular note will be the starvation of the public sector, as it deserves via unfunded liabilities (i.e. grand theft stato). The Unions will attempt to demand value that doesn’t exist at the same time the gibs are spoiling and rioting for their soma of shitty tech and shittier food.
“Many of the guarantees and paper promises granted over the past decades will prove to be less valuable than the paper they are printed on.”
As a child, I was told never to trust an IOU because you never know what will happen to the person writing it and neither do they.
“As pawns in this game, we can either choose to sacrifice ourselves or fight. In this case fighting means to undertake a strategy that protects what we can of the life we have created within the power we have been granted. The fact you are reading and thinking about this subject puts you in a far better position than the masses who see before them blue skies and unicorns grazing upon a hill.”
The fatted calf who thinks it’s going on a pleasant walk.
“Make no mistake, we cannot and should not look for a white knight to come riding in to save the day, no such leader exists to lead us out of the economy hell we have created.”
Yes, no such person exists, except the rebuilding effort after the expulsions. Deporting the traitors is more important than the invaders and this way they ruin whichever country they land in. You shouldn’t want to save this system unless you’re one of them.
The normalcy bias and expectations of Economic Jesus ready to forgive all our fiscal sins is keeping it ticking over.
“hard assets need to be in your possession and hidden away.”
TP and painkillers, got it.
The problem appears to be usury. It’s really economic slavery. Babies can’t sign contracts and give consent, however much you want to financially circumcise them of a liberty-filled future.
“We need a good war” – yes, but not the kind that costs money.
The democratic comes first, then the civil.
A money war is what all elites want and spoil for the head of the supply queue like fat pigs.
Their children have two passports and a private jet, they won’t enter military service.
Anyone with a second passport cannot be considered loyal to their country.
I think a lot of the young are going into credit card debt for necessities or because they believe it’ll be written off once
the companies go under. Self-sabotage, sabotages the system.
The middle-class and middle-aged will pay with their assets, as they deserve.
In this system, it pays to have a lot or almost nothing.
Lower Boomers and Upper Gen X are fucked.
It isn’t the 1% or the .1%.
It’s the 20% or so (uppermost tax bracket, The Rich) supporting them.
Chop down the supports, usually in investment banking and they fall too.
“the massive government that promised so much.”
If you believe in a free lunch you deserve to wash dishes.
“Corruption and crony capitalism are cancers on society that continue to grow if not constantly addressed with harsh
Who are these cronies? Why not begin a list?
You know, for when the bill comes.
“The whole concept of economic growth is based on an ever growing trend of year over year increased production.”
One line beforehand:
“the question remains as to when and what the new rules will be.” Traditionalism. Localism.
That these people are blind to that option show it is the way it must go.
“By removing the incentive for people to save and encouraging risk we have eroded the quality of economic growth.”
This will be a hard reset selecting for character. The question is what character.
“in short, we have to move forward faster in each coming year just to keep growing.”
Carlin’s Circling the Drain
“All this underlines that we are living in “interesting times” while playing havoc with the value of things and what they are worth”
Speak for China.
Patriotism for which country, is the political question? Which principles governing which country and which policies from which time periods? That is all the NRx, Alt Right and other traditionalist groups are discussing.
The Fall of the Empire is a given, but how do we replace it without losing our living standard?
Who wants to go Amish or Sharia?
“Do you supposed that America is cursed for not praising God in spirit and truth anymore, but rather in vain?”
You must abandon God before God abandons you. You don’t notice this…until you know it.
America became the nexus of decadence, rewarding degenerate citizens. They deserve to collapse.
Demographics is the science economics wishes it could be.
I once read a theory that humans do sense impending disasters like other animals.
However, this is reflected in our breeding habits, because we don’t want to lower overall family fitness and lose everyone by increasing strain with a baby’s constant needs. In a war, the crying also makes you hard to miss. I never forgot it and I think there is something to it. Even Guardianista are delaying childbearing because of a deep, gut feeling it’s a bad idea right now. Babies make you easier to enslave because you can be threatened and protecting them places the mothers out in the open or other dangerous positions. Especially if the family is on welfare or otherwise incapable of feeding itself, the hosts will all die. Those adopting foreign babies are playing both sides – whoever wins, they do.
It is no coincidence 65IQ Muslims breed like rabbits in Europe – they plan on many of them dying.
As long as the West contains pre-war native levels, we are fine. Baby Boomers are surplus to requirement. We can rebuild along Empire lines with Empire numbers. There is greater IQ DENSITY per individual, nobody other than the West has this advantage, so sub-replacement isn’t as terminal for us as it would be for other races. This assumes good operations, healthy society.
Part of the reason so many Indian and Arab men are coming here – they sense good pickings of women.
Whether we’re game or not.
They underestimate the ancient spirit, even of the women. Whites have been in slumber a long time. Like an angry bear in a cave stirring. The Boomers didn’t have enough kids, another pressure onto the heap of burning grievance. To do what a brood used to. When the middle-class Marxists realize Marx was a parasite and there’s no free food unless they’re the ones producing it – oh, the sea change will be a tidal wave. Students turning on the lying teachers who burdened them with debt for the privilege.
“These trends are about to get much worse, from an economic and consumption standpoint.”
Civilized peoples aren’t supposed to keep reproducing this much, nukes have made typical war corrections redundant.
A compact society of high-IQ and high-skilled is most flexible to political and long-term social change.
Europe is the most compact for our quality.
We can even drop to Industrial Revolution levels or possibly agrarian before that.
What about India? China? Can you picture Dubai without trucks of water and expensive lipsticks for the whores?
MENA will experience Full Malthus. The r-types sense this and try to flee, but they are the first wave of locusts, ironically they trigger the events. Do you really think the mixed race will remain here when times get tough? They’ll flee where resources are cheap – real home i.e. Pakistan, Afghanistan, India etc. Rats swim as the ship sinks, they don’t wait around.
They know the natives will want a return on their civic investment but they’ll soon discover their charity needs to be
“All the interest rate cuts and debt has been undertaken under the paradigm that it would be more easily repaid in the future…but now we’ve come to “the future” where there are fewer of us to service the debt, buy homes, buy cars, consume our way to prosperity…or pay the taxes to keep the social systems solvent.”
In the post-war period – they had one job. Fuck enough to make plenty of kids.
They failed and that’s why evolution says they deserve to starve to death. Not the young they robbed of the same youth they enjoyed at the expense of the blood of their own elders. They are grasshoppers without a fiddle and winter is coming.
speaking of, wasn’t this one of mine prescient?
“Absent a growing population of young to buy their assets (IRA’s, homes, etc.), we have a small problem (central bank asset purchases to the rescue).”
Ponzis collapse spectacularly. Billionaires won’t buy in the suburbs.
“The implications economically, financially, societally, etc. etc. of a collapsing population of young and soaring older
population should be ringing alarm bells…but instead our politicians seem officially mindless (or intentionally misleading the populace) in the face of a cataclysmic shift.”
They’re fucking vampires and a stake should be driven through their black hearts for selling us into slavery for a few tacky holidays and wife-swapping fuckparties. They even want our blood’s proteins to stay youthful and fuck us over longer. We’d be farmed if they could, they’re sociopaths.
The elderly of our time are (in general) deserving of DIS-respect.
Here it gets juicy.
“Someone should do something about those goddam africans….”
Just wall the whole continent off and let them either kill another or evolve. Leave them a hundred or two years.
Technology won’t save you, as libertarians are discovering.
We don’t have food, but we have 3D printers!
Nobody mentions food security.
We have become feeders, suppliers of the Third World. When the tax money stops filtering to the evil NGO complex, they’ll come find us to collect the caloric jizzya.
“That’s why they are called Jungle bunnies, they breed like rabbits.”
“The sooner it collapses the better for us young people. I want time to rebuild a little wealth after the previous
generations’ combined fuck up ruins everything before im too old to do anything useful”
The question becomes, what can’t they steal like Cyprus?
Franklin said to empty your purse into your head and then no man could take it.
As for who dies first, the fatties.
The Government knows this and is hastening the process. How?
They know the book Nudge.
EITHER they lose the fat and become more productive, costing less too OR they let reaction formation kick in and eat themselves to death, also saving the state money.
I feel like the only person seeing this.
“Planned obsolescence has meant ‘consumption’ is at artificially high levels to begin with IMO.”
This includes people.
Tell me, which races have the greatest tendency to fat-store?
It isn’t the whitey, is it?
“Meantime the main problem is where to live. Most white people are still asleep, and you don’t want to live near them because they tend to get upset when their eyes are open.”
There is nowhere to run. New Zealand is now getting problems. White Flight is finished.
“Human fecundity is inversely proportional to female literacy rates. Compulsory education is killing us.”
reply “Yeah, once the wimmin learned blowjobs and masturbation in school it was all over for civilization.”
Mentioned only yesterday (as of writing), it isn’t a reproduction problem, and from all this it isn’t a problem. It’s preparation. The reproduction problem was a marriage problem. You should ban sexual entitlement. There is only the exclusive conjugal right.
Allowing people to spill their seed all over the place means they don’t reproduce, they take measures against it.
“Yes the obvious solution of too much government is to get government more involved in everyone’s lives, forcibly sterilizing people. We’ve had TOO MUCH freedom, see? It’s not that government and politicians made promises they can’t keep.”
It’s already dysgenic except for abortion and euthanasia.
Why not full eugenic?
“Just get rid of sec 8 and foodstamps. You’re on your own. It can’t happen all at once, but we need to slowly transition that way. These people with no skills should be out working farms in rural areas anyway because we shouldn’t be shipping food 1000s of miles around the globe before it gets to us. They never should have been herded into the cities in the first place. And if you don’t like your station in life, tough. Get some skills. Education is free on the internet these days. There are plenty of libraries. And if you think your poverty gives you the right to get violent and rob people you should be put to death. We used to hang horse thieves, not give them room and board and then welfare. The problem is not too many people. The problem is too many people think everyone deserves access to resoures they don’t own simply because those people exist.”
Like I said in ‘why practically is the Left dead?‘ abolishing the death penalty made a life of crime a possibility and we pay for those aggression genes to breed! A little eugenics required just to get back the old levels!
Resources are placed there by people who earned them, unless they buy on credit. Stealing property is a theft of the owner’s section of mortality to pay for it. Resources are individual, collective only to a family level based on CONSENT.
“Put all hot females in breeding camps and have the most fit males inseminate them then then pay people to raise them. Stupid, genetically damaged animals shouldn’t breed.”
Forced breeding? Like animals?
It’s disturbing how often people seriously suggest rape in civilization, the genetic theft worse than an object. Only the top .1% of men would be required for that, the rest could easily be exterminated like termites. What are the odds the guys suggesting it fit into that bracket when they can’t get, keep and satisfy a single woman? It would also require perfect IQ scores, and many making those suggestions are Third World trash stock. The odds are not in your favour if you had the shit for brains to comprehend them. White women are not your obedient concubines. And the fathers need to stick around to parent or the kids end up damaged, how many want to fuck and run? Fucking r-types, there’s a reason Patriarchy hanged them, they deserved it. Shit for brains and matching morals, just bestial.
They also seem to think Patriarchy means rape when it’s protection FROM rape by fathers and brothers.
Women have 9 months to abort and will out of spite, do not fuck with us. Reproduction must be consensual or men, for example, can easily be cucked.
Punish those who deliberately fuck/breed with inferiors. Especially social isolation. Let them become Morlocks.
The Great Replacement is supposed to distract us from the real need to clean house.
Let’s send all the liberals and bleeding heart celebrity luvvies to Africa once SHTF. They’ll be the only white meat, very moist.
“The writer of this article doesnt seem to understand that the niggers in Africa will literally eat each other if big problems start in the west or Asia. They cant even comprehend basic private property rights and we are to assume they will continue to pump out kids after the free shit from the west stops flowing. There is a reason why niggers didnt massively outbreed civilized folk before we showed up, that shit didnt just fall out of the sky. On top of that, once the medical technology or expertise the west provides to Africa disappears, theyll go back to dieing before theyre even twenty fucking one. I cannot stand these fucking idiots that somehow think Africa became so populous in a vacuum. These charts that try to predict the future are fucking retarded and so is anybody that gives them even a second glance.”
China is shipping human flesh, as mentioned. Whose flesh, is the question?
Outbreed actually means miscegenerate, not to overpopulate.
The white farmers sense the danger and want to move. If your ancestors are dumb enough to move in with savages who believe in cannibalism, please stay there. The gene pool will get a good clean of long-overdue stupidity.
The nitrogen fertilizer is required from the West, the chemical knowledge to produce it, even were the African farmers (real Africans) to suddenly all learn farming and grow a new continental personality. They’re lazier than Italians in July.
The British Empire was a mistake because it was the African Empire and the SJWs get that right. However, we don’t owe them jack. We gave them too much. We need a compound interest on our investment and we’ll step over their corpses once they’ve all killed one another in a probably religious cull back to sensible population levels.
civilize or economize, motherfuckers
It’s very easy to recoup your losses from a dead body.
This whole comment, damn that’s some Super-Fine research, segments;
“It’s true. In the age of exploration, western anthropologists found food to cannibal tribes in a 2:1 ratio along the major african rivers. Food Cannibal Food Food Cannibal Food Food Cannibal….”
“A single man single woman household is something that evolved in North Western Europe during the last ice age. Women had to be beautiful (to show fertility) and able to bear and raise children in the harsh ice climate; men needed to be robust to hunt for long periods.
There are some 30,000 years of differential evolution between Africa and Western Europeans. Isn’t it likely there will be differences?”
Evolution doesn’t stop at the neck, ever.
“This time, the African’s – rather than eating each other, will just walk or boat into Europe.”
Not with British naval supremacy, mate. We can save Europe or just ourselves. I’m waiting to see where my stake is.
“Quote from A troublesome inheritance” A gentleman and a scholar. Tally ho.
Evolution is made by fucking yes but 2/3 up to 75% mostly by killing. This goes for any species, we’ve delayed Darwinism and defied natural selection for so long it’s going to be swooping Death. Hopefully Black Death will go on a comeback tour. I’m such a fan.
History won’t smile kindly on the African uplifters, including the original missionaries. Fucking idiots.
Slavery killed the Empires, thinking those inferior enough to allow conquest deserve a seat at the feast.
Those are your resources for your genetic kin. Do not assist the outgroup or you die.
The Victorians ignored this to fuck the available Oriental and African women. Once again, lust destroys anything good. If they couldn’t fuck slaves, they wouldn’t want to invade or keep them. As bad as the Ottomans in places.
Asia will go back to rice farming if they’re smart.
Otherwise, more crazy Emperors and Communism.
Leave them to it. They’re bloodthirsty in those harsh times anyway.
“Analysis of genomes from around the world establishes that there is indeed a biological reality to race, despite the official statements to the contrary of leading social science organizations. A longer discussion of this issue is offered in chapter 5, but an illustration of the point is the fact that with mixed-race populations, such as African Americans, geneticists can now track along an individual’s genome and assign each segment to an African or European ancestor, an exercise that would be impossible if race did not have some basis in biological reality.”
They haven’t mentioned the mixed-race psychiatric problem. When you hear ‘mental health issues’ check the status of the person talking. Oh, an evolutionally novel combination? High genetic load? No wonder it goes wrong. It’s like randomly mixing botanical extracts. Odds are you’ll end up with poison. Most mutations aren’t bad but fatal. Not always for the host but the host nation.
“The Cro-Magnon. Our ancestors. Athletic enough and intelligent enough to beat off H.Neanderthal. That we are not as robust as Cro Magnpn I assume is the result of changing sexual preferences and the value placed upon the effete aristocracy.”
Wars where only the fit fight and die. If it were equal and all fighting-age men went, that would be different.
Hardier men would develop in a few generations.
More dimorphism so also softer better-looking women too.
It isn’t just the breeding of the white peoples, it’s the quality!
“Lucky for us I don’t think demons can feed off robotic energy. Right? You got to keep some of the livestock alive to breed and raise the next generation?”
Rabbit farming, except the rabbits are the farmers. Who will guard them? Who is without bad blood? At that intergenerational level only blood pays for blood, only justice can be served before anything else.
This post turned really dark but it’s interesting.
At least as a thought experiment.
It reminds me of that tourist story where the Africans demanded children because there was no food and they were hungry. Now the question is, how long until they demand white children in Europe like Aztec sacrifices (no current leader in the big countries has a child among them!) and will they demand from the largest number group, the Muslims?
It would pay dividends to have two historic enemies destroy one another, to have the African eat the Arab and then dispense with the lower IQ remnants for the crime. History is cruel so that will likely play out.
I don’t like it but peaceable solutions are running low. Bear in mind, it takes about three weeks to starve. A year or two and enough cycles of hunger will have reduced their numbers drastically.
They are locusts near a food source, they salt the earth in effect.
If Africa weren’t so huge in real cartographical terms, they’d have gone extinct long ago.
South Europe is particularly screwed but they deserve it. Fail to protect your borders, get invaded. Like the Russians, the North has a secret weapon in the climate and our ability to banish. One harsh winter is all it will take and like in Game of Thrones, they will go South, where food is plentiful. Italians still butcher their food. They’ll be fine.
What do the runners want to replace this with? Chaos is an excuse.
“central banks operate in fiat.. which means fake… but they always prepare a new one in a new country when they have the current one set to collapse… think China now… .RUssia has always been the outlier.”
“Think for a moment of the thirty to fifty years of Suppressed Technology, Military Tech, Alternative Free Energy & Life Extension Tech that has been with held from Public Knowledge.”
“And, since Africa has 9 of the 10 lowest IQ countries in the world (and the average IQ of the whole continent is approx 75) the only population growth, on the planet, will be coming from people who would, on average, be regarded as mentally retarded in the US and Europe…. So it is even worse than the above maths indicates.”
Data? How dare you reply to emotion with reason!
“Wow – white folks are doing a great job “saving” Africa. Kudo’s. Too bad the God will have the final say on Africans.”
Mother Nature May I?
“Why can’t Africa produce something and be a net positive? Why would they be excluded from world population?”
Because you don’t count dependents as adults.
There is no need to import the low IQ or keep slaves minus sex slavery (rape) since robots came in.
So this coming Empire of Who-Knows-Who might be different.
A religion will rise though. Without the State mandating charity at the point of a gun. Christianity might be it as long as we remember compassion has survival limits.
The EU is failing because it believed egalitarian cog theory. The idea is you can be a lazy fuck and retire early as long as there’s some sap to replace you. You can’t replace the high-IQ with the low.
They become a greater drain by far. Then there’s the family they bring over…
On this vast scale, regression to the mean is law. Low-IQ becomes a chaotic entropy.
Europe has been suppressing its fertility and ability for decades. We’re overdue a resurgence of prosperity.
Do you think we’ll want to share?
Do the luvvies want to pay Commie taxes?
Smith was right, ‘human beings are a virus’. The r-selected, that is.
Equilibrium will come to you like Samael.
“which makes the remaining population wealthier on a per capita basis.”
It’s the Golden Goose ratio. More producers, more production on average minus the genocidal policies and disincentives and fewer drains = retention of wealth, compounding.
Foreign charity, the soft imperialism, gave the grandchildren’s birthright away because that anorexic attention whore Audrey Hepburn couldn’t stand to see African children thinner than her. Meanwhile, her own money went entirely to her own spawn. She didn’t surrender any to her own state, let alone the foreign.
Any suggestion of pathologically altruistic policy should be met with: YOU FIRST.
That wealth would have compounded nicely by now. Imagine no debt at birth but an investment. Sweet.
You don’t raise awareness, you raise funds. Other people’s funds. By attention-whoring, middle-class begging to grind down the working class, it’s classist, it kills the homeland competition. They know they’re doing it, they never do local charity work with the poor because they detest them.
You’re not Mother Theresa, she also took other people’s money despite dodgy origins. How nice of her.
End virtue signalling the assholes partake in like a traitorous sport and they’ll quickly find something else to do.
If you want to uplift another country so badly, you should be forced to move there. Also, petition to deport all white Muslims to Saudi Arabia, since it’s so peaceful and not at all Islamophobic. Hold them to the consequences, HARD.
Africa “have yet to pollute their lands because they aren’t yet industrialized.”
False, China recently bought Africa, including its people and nobody cares. Asians are ruthless in destroying natural
resources, look at Japan.
“And most importantly, they are over there and you are over here; they aren’t bothering you at all so why do you care how many babies and by whom that they have?”
Why cuck for them? Why? Note mentioning the savagery, the rape, the cannibalism, the murder and political corruption triggers them. AKA the Truth.
He goes on!
“Africa has *plenty* of room to grow, that is why so many indians and chinese are moving their. Those two groups are like cockroaches (especially the chinese). They’ve overbred and they’re overcrowding their filthy countries so they emigrate and africa is slowing being taken over by them — so they can destroy those countries too. Africans aren’t bothering anyone; for the most part they stay on their continent and don’t bother anyone.”
Excellent, all Asians can move to Africa and Africans stay there because open borders and avoiding evil Whitey with our demon science.
He’s right about the Chinese though. People are only nice about them because of food. The food is terrible, you have bad taste America. Anytime someone says their favorite food is Chinese, you can ignore them. They eat cardboard with soy.
It’s true that India and China are fucked in unique ways. India will kill itself with the excess male population. China might go down with a fight but I don’t care as long as their cunty new millionaire ‘Princesses’ are sold to Islamic State.
The parents care about money and baby, it might happen.
Traps need bait.
If we want to conquer terrorism, feed them Chinese.
They have the biggest glut of population and no low-IQ excuse.
“Those Muslim groups that claim they will defeat the west by producing many more children paid for by full public assistance seem to understand this.”
That only works if you’re the minority sucking off the state. The ratio? They can’t do math.
Those ‘men’ bred from weak mothers will run off as soon as they’re expected to throw a punch. Notice they never do fist-fights? They’re cowards. Even suicide must be quick to them. The women will also leave but only after trying to whore themselves to dhimmi white men. We already see this with Indians because of their caste system, Muslim women also HATE (all caps) white beauty.
“Not to mention that major universities are shaming young white males for getting erections. Hillary kept warning about how the Pubs wanted to turn back the clock, but haven’t the Dems reinvented Victorianism?”
White men aren’t allowed to act black.
Case – closed.
“The green revolution prevented what would have otherwise been regular famines by now. The green revolution requires massive petroleum inputs to continue providing food for a global population of this size. It is not a sustainable proposition for the world population to continue growing. Perhaps the planet population peaking voluntarily is much better than the other alternatives.”
Let me love you!
Famines are cleanses for the colon of humanity.
“World population will never exceed 9 billion. … It can take less than 3 generations to become extinct.”
Shorter if you castrate and sterilize your enemies. History is fun.
That’s from the Muslim playbook!
“The big problem I see is plague. At a certain point of overpopulation, diseases start to spread, and that can be a really, really nasty way to solve the population problem.”
u r b a n l i v i n g
Such a misnomer.
These people can’t grow radishes.
“Once white people took up socialism they bought into its promises and they stopped having large families (who would have supported them if there was no government support). Add to this abortion and the pill and white people in America and Europe did not produce enough tax payers to support the socialist Ponzi scheme”
s e x u a l r e v o l u t i o n
Promiscuity kills. Syphilis is coming back. There’s your zombie apocalypse. It rots your fucking face off. Your balls can literally drop off, like raisins. It’s like infective frostbite for your squishy bits.
It also makes the infected rabid. Insane. Sounds like a nice Apocalypse we got brewing.
If the sex-obsessed could be shipped off to an island and once sterilized, spend the rest of their lives fucking each other without medication, under the condition that they never bother the breeding population again or return, we’d ‘lose’ their genetics in a hundred years or so. And never have this issue again.
It’d be something incredulously disbelieved in history books. The Human Bonobos.
It’s like full drug legalization, that had a culling effect. Then after-WW2 only doctors could write prescriptions and we started getting more dross surviving. Let the bachelor alcoholics die in misery.
It’s a great example for the kids. Kids need negative role models, to see them suffer, more than any positive ones.
“There were 76 million people born between the years 1946 and 1964, the traditional window for the baby boom generation. That means that they will retire over a 19-year period. Simple math shows that 76 divided by 19 is 4 million, or almost 11,000 people a day. Say 1,000 die a day. The biggest event in America today is we have l0,000 Baby Boomers retiring each day for years to come. The biggest problem in America is we cannot for the duration support these retiring Baby Boomers. The reason we cannot support these baby boomers is we have not produced a large enough group of supporting taxpayers.”
Well the ones who didn’t have kids because they were too selfish won’t have anyone to defend them against the local marauder rapist gangs.
“Why are Muslims the primary people imported? Muslims don’t have abortions, take the pill and Muslim women are not single moms. It is not uncommon for Muslims to have the 6 to 10 children like white families used to have in America. Congress is counting on this group to generate the missing tax payers.”
Simply ban child brides and mutilation (circumcision removes incentive to be a slut). Pass them free contraception on the quiet, especially shots or implants while their father is away. Feminism will kill the Muslim, freedom isn’t for everyone.
Encourage every Muslim to become SJW. The Unis are doing this already.
Corrosive pop culture will westernize them, fund some Rihanna. Technically they are single mothers since there is a paternal failure to provide. They get disability which matches the IQ, a great excuse to boot them wherever we like. This is assuming they don’t place the dhimmi SJWs in the old Nazi camps once they become useless.
“Why is America a bankrupt government? Revenue from current taxes is too low to pay for increasing entitlements and retirees. Deficits and debt plug the entitlement hole until immigrants produce enough taxes to fill the entitlement hole . Government is betting immigrants will produce the taxes to pay for retiring Baby Boomers before America goes belly up. Once the U.S. world reserve currency runs out and the government can no longer print bucket loads of money and debt they will strip the U.S. citizens cupboards bare to keep going.”
You can’t tax work that doesn’t happen.
They immigrate to make more money than they wish to provide the state.
You’ve been played.
I was once told, as many others “you’re entitled to NOTHING, nothing you didn’t earn. And that becomes yours, nobody else can give it or take it away.” The last part was naive but hearing entitlements makes me wanna reach for a hammer.
‘”Overpopulation” is not a problem, nor will it ever be. The global population will never exceed 9 billion, for which this planet is amply capable of sustaining. Paul Erlich predicted overpopulation would lead to human extinction by 1990. Real world studies have shown that this is not possible. Overpopulation is just another scare tactic by the left.’
Has a point, they only ever say breeding is a problem when whites do it, eh?
Guess the race. You can’t check, but it’s manospherian PUA rapist logic at work, you can totally guess.
“Why do you even *care* about what’s going on with Africans in AFRICA? They aren’t trying to rob you or sleep with your daughters or sign up for foodstamps. Yet that’s what is being discussed. If they want to have tons of babies, chuck spears, eat each other why do you care? They’re not doing it here, there doing it 1000’s of miles away from you.
Let’s face it; you poor put upon (mostly) white men need to stop crying about shit that doesn’t concern you. You whine about the pitifully small entitlements minorities get but most entitlements go to white people. And the biggest amount aren’t even called that — they’re called bailouts. Trillions of dollars to rich white bankers. But you focus on some poor black woman living in a dangerous ghetto, barely scraping by. You bunch of asshole, racist hypocrites. You’re the ones who created this mess, not the minorities who don’t have any power in this society.
Worry about your own limp, viagra dependent penises and stop worrying about what africans are doing with theirs.”
‘OMG why do you care about your genetic kin? Why do you CAAAARE? Always the same YYYYYY-ine.
Just let them be raped! They want that masculinity, running away is part of the ‘Game’!
They don’t want you White Man! Step aside and let the real men gang rape them! Celebrate that your race will die! Don’t be racist! p.s. send more foreign aid, our Cousin Chuck needs a new child bride’
Those who gain from the Gravy Train lie about it.
(((white))) bankers was the best bit
They act like they’re scraping by, off their own money. Money to one outgroup is less to the ingroup. It is DEPRIVATION that is the trick to genocide. It’s demographic theft between any group, race, sex, age etc.
Tragedy of the commons looms large in immigration issues. Less for the natives, less for the earners.
when called out;
“The EU is allowing those people to come there — the Northern Africans are not forcing their way in. Just like the rich, white, powerful people are allowing Mexicans to flood this country: because they want them here. Why, I don’t know but those people are invited and if they don’t want to deal with their uncontrolled growth, just stop letting them in.”
Well shooting them in our territorial waters is no different than shooting them on the land itself.
It isn’t like the water is lava and landing means they get to claim on the state lottery complete with free blond Swedish girls bouncing on their balls. I do mean ‘girl’. They’re disgusting parasites, that’s why their home country doesn’t want them. The NGO-fat lawyers run out of money and it’s down to local justice.
“Africa’s overpopulation ISN’T GOING TO STAY IN AFRICA”
We should teach them how to get to America and end in Canada. They want them, right?
Make lots of Little Congos?
Africa doesn’t cease to exist because you’re too blind to include their chart in your GLOBAL economic calculations.
It’s like studying STDs and missing the brothel down the street because Cindy gives you free BJs once a week.
Whatever it is, not science!
If they TALK about Africa, they have to DO something about Africa. They fear the NGOs. The right-wing is missing this.
Cameron promised to bonfire the Quangos (NGOs), voted in and suddenly went silent and got very cucked.
It isn’t specific charities like Greenpeace. Cui bono? Follow the money. Always, always NGOs!
Government will eat the People or People will kill the NGOs bribing Government. Simple.
“It is very simple, reduce the cost of government to every citizen and the population will increase if there is enough room available to be comfortable.Skinner and many other psychologists have demonstrated this principle with rats. Make a rat town, don’t overcrowd it, provide food that has to be worked for and reproduction will be normal for the species. Reduce the food or make it harder to get and the reproduction will decline.
Put the right amount of rats in a rat city and they will get along with each other and stick with raising a family and finding food. Put in too many rats and attacks against other rats will commence. (every rat needs a certain amount of space and food) The more rats that are added the rat fights get deadlier and the reproduction declines. If you keep adding rats some rats will become psychotic and some will become psychopaths.
Nowadays the people who should be having children can’t afford them so they fiddle with their phones instead of their spouse or girl friend. Who do you think will have the most children; a couple on a farm or ranch who work from before sun-up until after sundown to get ahead or a couple of snowflakes who live in a crowded city with high rents working an 8 to 5 low paying menial job in a small office. The liberals have tried to move everyone into the cities since the 1960’s and maybe now they see the result. As long as the government moves people into the cities and burdens them with high rents, high food prices and high taxes and little living space that population will not grow.”
“only the smarts will have jobs”
only the high-IQ will have money
make money, keep money
Why do they think the productive keep a census? It’s a list of citizens.
The Left has committed hari-kari. It’s Mike the Headless Chicken.
It’s dead but it hasn’t stopped being a fucking nuisance yet.
If you don’t breed, you’re like the dodo or the panda, on the dead side of history.
Cultural Marxism’s pets are coming home to roost and they’re hungry.
Let the animals eat the zookeeper. It’s nature, they’re pacifists, let it happen.
Don’t help them. It’s what they would’ve wanted.
You see a feminist being beaten up by a Muslim Sharia Patrol?
You go, Girl!
You can’t match the objectification of Olga, who doesn’t have a brain… or a head.
Yes, it’s an illusion.
The Left is already totally irrelevant. The end of liberalism and the beginning of fascist bannings.
When you make speech laws like the Inquisition’s blasphemy code in a democracy, people just stop talking to you because they don’t want to go to prison. They also stop listening and talk among themselves.
The internet is a symptom not the cause.
Lefties never go to pubs, all the best political conversation isn’t happening in cock-tail bars.
They choose to socially exclude themselves from the working class, and SJW-ism is just pissing on the working class.
We recently decided the best way to fuck with the Left is never have a conversation with them. Play dumb as they think we are, ignore them and move away to other things and people as they speak. Distract them, cut them off, reduce signalling to nil value. They get louder and more virulent in their sedition, openly calling for the end of white people and heterosexuality, it’s funny if it weren’t horrifying. This is happening in the media writ large but it began socially, first with SJW topics and slowly into the economic. We don’t want advice from someone with a trust fund, which, btw, they will lose.
Nobody deserves to be poor but an SJW.
Anytime you see a leftie, be grey. Greyman protocol. Swim in the crowd. They are looking for righties to trigger at and relieve their anxiety. Block them from social media if they get uppity and try to info-gather. Use the same echo chamber stuff on them but only agaisnt them.
They want a target, they want families to break up and teenagers to shout at. They want someone to blame.
Give them nothing. They grew up on empty praise and attention.
Silence, the yawn of being ignored, is HELL, it is torture to the narcissist.
They are forced to turn on the fellow middle-class, exposing the Beast of their rage, or else one another. It was a matter of time.
Do not engage. We have won the debate based on the elections, the Overton window is ours and there is no debate to be had with ‘hate speech’ for science and people who refuse common sense or rules of evolution, logical. Listening to them gives them the public platform. They can’t buy eyeballs or ears. Do not give them and observers the respect of a peer.
They want to end you and your way of life. Let them starve, go Galt on attention whores.
K-shift is coming, friends.
In fact, they don’t think it goes far enough!
All the Guardian readers who laughed at my posts on pensions have gone silent recently. They thought I was making it up.
They can’t rely on food banks either.
They abandoned their families, divorced their spouses and said they didn’t need the Church.
Comment “The stark truth is that no matter where people look to invest their pensions, they are (in essence) investing into the generations that follow.
In effect lending them money so to ensure that those generations will take care of them in the future.
In this sense it is not unlike a pyramid scheme and powered entirely by debt.
2008 wasn’t simply another financial crash or banking crisis. It was a total systemic failure where the unthinkable happened (which is why none of the economists, bankers or poiticiains saw it coming): All the banks in the world simultaneously ran out of money.
This is why in some circles 2008 is know as “A debt saturation point”.
In more simple terms, the income demands of the top third of the pyramid overcame the ability of the bottom two thirds to deliver it – and it began to collapse.”
People are retiring for decades. National debt goes up. Student loans go up. Wages are down thanks to immigration. Property is expensive thanks to same, over half the average wage. This cannot continue.
If it’s a public fund, you can’t trust it will be there. Pensions are not savings, as savings always go up in nominal value and they are privately owned (personal control). You save money to put IN to a pension, the pension is not saving but investment i.e. it can go down too.
Comment “Pensions are a con. You can save all your life, and then someone pillages the fund and takes it all away from you.”
The people childless and happy, as they told us, also want to parasite off their own generation too.
Most of them don’t ‘save’ enough to cover a 1/6 of what they’ll be ‘entitled’ to.
Comment “The issue of having any form of assets and then being required to fund care does raise the slightly thorny issue of responsibility and planning though.
If one person were to carefully save, spending less on holidays and TV packages, then another person were to say “stuff that” and not bother, then person A ends up funding the costs not only for themselves but also person B (who can be in the same care home, in the room next door, with the council paying). So, where is the incentive to plan and save?”
No! You mean? Those mean conservatives have reasons?
They aren’t making policy …to be mean?
The middle ground classic liberals are finally getting it. When you align with people who parasite, they won’t stop for you. And what about the lack of trained people working in those places? Immigrants can’t do it, the NHS has scandals about undertrained staff. The IQ drop from inbred fertility in certain groups and foreigners from the EU taking University places mean we’ll have even more shortages in future.
Singapore has a better system, comment “The concept is that everybody effectively holds a government account, in which they accrue funds for their retirement, healthcare, housing, etc that come from payroll tax.
Private systems work better. Personally accountable? Private works better. No admin. Look at French healthcare. Private. Best in EU.
The government pension is therefore “fully funded”, removing the constant nibbling away at the economic prospects of the younger generations, by the baby boomers who are in power, and the pensioners who carry such clout as a voting bloc.
If we carry on with a system we have, where todays pensioners are being funded by todays taxpayers who have rapidly diminishing prospects as a consequence, the system will fail. “
Leave the world better than you found it. If you took inheritance, you should pass that on and more. Yet these people, already given everything and then voting in new stuff to get, are spending their inheritances too.
Spot the r-type, comment
“The LibDem Pensions Minister in the coalition,said he was quite happy for people to draw their pension money early and buy expensive Lamborghinis or whatever,never factoring in future care costs.This was reckless and should count as divestment if people knowingly spent up,expecting the taxpayer to step in and meet their future care costs.”
Oh, now they want people to be held responsible. When they lose out.
And Millennials/Gen Z/the hereafter?
“Caroline Abrahams, the charity director at Age UK, pointed out that 1.6 million older people live in poverty in the UK.”
They had decades to save. They spent it. Pathos, seriously?
Their families abandoned them. Who raised the families?
““In fact, you could say it is all the more important for young people to know they have a reasonable state pension to look forward to, given the uncertainty they face over jobs and housing, and given that the value of future private pensions will largely depend on investment growth, which is not guaranteed.””
Those last two words should ring like a horror film quartet.
Any Gen Y who can read will be saying WTF and FU to that. (We were chucked in the deep end with workplace pension schemes with zero choice, unlike X or Z).
Translation: Pay us or else and there’s a minute chance you’ll get a slither of it back at some point, but not really because haha you were in debt before you were born, suckers.
We don’t have the fertility levels to maintain this system. The Boomers didn’t have enough kids. Those kids will already be caring for their own elderly parents. Without going into the massive immigrant families expecting handouts from Whitey, when the children send money out the country in remittance and resent paying for the white elderly too.
The elderly will blame the bankers they bailed out to run their pension funds for the missing money.
Abolish the death tax and the fertility rate will fix itself (those children going on to pay into the system) because my lot could finally afford them. Look at all the articles about young people putting off kids, it’s a national crisis. Keep the death tax to fuel impossible state ‘pensions’ (bribes) and to spite the current children and we will spite you by making none. Having kids is just too expensive now unless you do it with others’ money so you’ll be getting a higher % of the dumb and lazy. You cannot replace the high IQ either with third-worlders, GDP is tied to national IQ.
The immigrants will move home where living is cheaper if the taxes are demanded. They will revoke citizenship and turn traitor when the country asks of them, we all know it, many said about jumping ship if we leave the EU. Short-term prosperity for long-term failure. The middle-aged and old have chosen this and voted for it. My generation, knowing we won’t see a penny, will correct this when in power.
Wonka moment. They get nothing!
As for the immigrants who took public funds their ancestors never paid into and expect to leave without paying the bill… trillions in international theft?
Can you spell Colonialism?
That welfare money was only legal to provide on the loophole they must remain citizens (and hence pay in the rest of their lives). It was not a gift. Otherwise, theft of one country from another, and imposition of genocidal conditions (limiting native fertility is one and taking up school/job/Uni spaces for natives plus taking their ancestors’ contribution alone meets it), constitute an act of war.
Anyone with proof otherwise, go ahead. I’ll wait.
Who do my generation and thereabouts think is paying for this? Do you see anyone else around here? Like the refugees invited by a woman near death, the corrupt NGOs that rape children abroad with our taxes, and best of all, national debt to encourage the politicians betraying us, it’s all on us.
Again, savings go up, we cannot save for pensions, you need to have no national debt to save; they were never saving, but investing, despite refusing to admit it’s gone down. They voted for QE and low interest for mortgages, this is the outcome. They devalued the currency and retired too early on too little. They’re already in debt personally. This is a national Marshmallow Test and they’ve failed. We don’t owe them any bailouts.
OT but not really.
The most pro-immigrant people I see are near retirement whites.
Honest question: why do they think / what proof do they have, that the people dodging paying for the elderly in their homeland, will ever pay for them? And with more people in the system and their extended families, do they not see it will crash the system even faster? Logically? I haven’t seen any proof and I have looked but it seems to be the seedcrop for their affronted maintenance that Immigrants Bring More Money Than They Take. Despite discounting remittance, social spending etc.
They cannot do maths.
The Guardian (a Boomer rag) seem to be appeasing the young by admitting a problem but blaming everyone but those at the top of the social pyramid.
Boomers are perma-victims, always the Real Victims Here TM.
comment “Until the, let them play Pokemon Go whilst looking at porn on their iPhone, in between whining over their Mocha frappuccini, and crying into their craft beer whilst combing their beards.”
Meanwhile, “As per the article the liabilities just of final salary pensions are at least £1.4tn, which is more than the official national debt. I don’t believe it is funded – if so where are all these funds held?”
The nail has been struck.
If the Government collapses, the People live.
And the entrepreneurs with their flat whites trying to boost the economy this side of China?http://www.telegraph.co.uk/finance/personalfinance/11174288/Self-employed-Youre-stumbling-into-pensions-nightmare.html
Their proposed solution is to tax/rob the rich. That can only happen ONCE. For a few short years. And then bust. When you take something, it doesn’t grow. Rabbit farms.
These people are too dense to notice their pensions are inflated by investment in the companies in the stock exchange ‘avoiding’ the taxes they say should affect the bottom line – and dividends. If taxed any more, those companies will go abroad and buyback those shares. They will lose more money.
“Does the fact that these old people’s pension payments go into questionable ponzi schemes on the stock exchange have any bearing on this ?”
Cookie for you, son.
reason on tuition
“Increasing tuition fees was a Tory policy.” (and Lib Dem in coalition)
“and introducing them in the first place was Labour policy”
“How does ever rising immigration offer anything but a short term palliative? Who pays the pensions of the immigrants in due course, ever more immigrants? Exponentials have a nasty habit of blowing up.”
The immigrants are more fertile, they take far more even if part of their families reunite. One working, five aunts, uncles and grandparents needing care minimum, more like 15-50 if you look. No one is that productive.
“Pensions are a myth”
They haven’t worked ‘all their lives’ or they wouldn’t need a pension. Average duration is two DECADES. Originally meant to be five years, tops.
More hatred for housewives and stay-at-home mothers
“No mention of the sex divide, women have paid far less into the system yet draw more (more likely to be getting housing and pension benefit) and for much longer than men. No one from this think tank is going to go there.”
Those women work at home. They did the right thing and raised the future workers paying for you. Not all forms of civilization-building work can be taxed. What’s worth more, a little tax boost temporarily and a burden in old age greater than that, or three kids that create a tax surplus over the untaxed parent? As the welfare state grows, the population must grow more. It’s Malthusian. This would always have snapped back, but the generation to introduce it are now happily dead, having gotten away with it.
back to Guardian comment bingo
“Is this the Sun or the Guardian?
Ageist and highly prejudicial What is happening in the Guardian
What happened to balanced fair reporting?
This article is promoting hate
Guardian editorial staff should be prosecuted for inciting violence against old people by using weasel worded articles like this
“I’m sorry you’ve not saved a fraction of the pension you are forcing someone else to pay for unwillingly and you get upset if they talk about it.
You really are the worst generation ever. Truly hateful.”
The younger SJW set are finally talking back. On The Guardian itself. The cogs turn.
“Personally speaking I’ve got no time whatsoever for this so-called “Intergenerational Foundation” – why does a liberal newspaper like The Guardian continue to offer a platform to a group of fascists advocating hatred of older people?”
reply “Ageism goes both ways – look at all the utter crap that gets written about Millenials and so on.”
Anyone who disagrees with me and other parasites is Fascist. But I want to control people and make them slave for me for life. This in the name of freedom and democracy.
Social justice was invented by these wankers. Merely applied by Gen Y students with Boomer teachers.
How about the radical idea of basing payments on the tax one has paid?
Oh, but then public sector workers are fucked, aren’t they?
From top link
“Those over the age of 65 have harvested fully two-thirds of that £2.7tn increase in national wealth.”
There’s your income inequality, Boomers.
They celebrated abortion and as others have said, our generation will be morally OK with euthanasia for the same reason: to reduce their suffering. We simply can’t afford to keep them and the few children.
The politicians have public sector pensions, a corrupt conflict of interest.
These people celebrated tuition hikes, when it’s less public-backed money for them. All the tax money is finite.
Problem covered, problem solved?
Young people have already hit their limit. Their primary luxury is FOOD FFS. You need it to LIVE. Literally!
To pay for this pension malarkey, comment “Student loans will have to be written off, no one voted for them therefore they were illegal”
Forgiveness, like America.
But likely only for STEM and medical.
comment “Young people will have to pay for their own pensions, and the pensions of the elderly, and the trillion pound national debt (they didn’t run that up either) and they will never experience the level of home ownership, prosperity, employment or public services that we will not be able to afford (obviously, as the only way they could be afforded in the first place was through spending the pension pots and borrowing a trillion and counting). The unvarnished truth is that today’s pensioners lived through the absolute best of times, funded largely through spending the money of the younger generation. Sadly the people on basic state pensions are also poor.”
They lived like Kings – and pissed away a King’s fortune. They deserve to be poor.
That fortune was given not to them, but to the future. It was not meant to be spent, but preserved. It’s like the old saying about the new rich – it’s pissed away by the third generation, who deserved it least.
When they keep re-mortgaging their home for nude cruises to keep up their Viagra usage and record high STD rates, don’t be shocked when they’re homeless.
Gen Z will be more ruthless than us, I wouldn’t be shocked if they happily turned cannibal on Nana – they were taught society owes them, and they owe it nothing.
“Why should younger generations contribute and pay for pensioners to have advantages we will never receive?”
– The forbidden question.
Social contracts are a bitch. We owe them nothing when they took everything – including our youth and future.
Do you want to know the tragedy in this?
If everything had gone as planned, today’s youth would be the most prosperous ever.
Which generation holds that title?
If the wealth were preserved and passed on, with minimal pilfering like their parents and grandparents, and immigration/multikulti kept low, we’d have;
And more. It’s too depressing to go on listing. They are the biggest fuck-ups in recorded history and we shall report them as such.
It will have to be done, they simply can’t be paid. I think they’ll drop it to about 10% and insist that is paid.
“on the back of an “obscure federal law” from 1994 that allows debt forgiveness if students have been “defrauded” by their colleges.”
Most courses lie about job prospects and practicality of information.
Europe is worse.
Compare these discussions to the subhuman treatment of the UK.
Where being poor after investing in a Government scheme (SLC) gets you fined. Primo logic, kemosabe.
And being Muslim gets you racist, special treatment with interest-FREE loans.
The Government has severely underestimated the cost of funding a university degree with a student loan, a damning report has warned.
The analysis, compiled by RedSTART, an education arm of the consultancy firm Redington, claims the Government’s mathematicians have used “outdated” sums to calculate the size of repayments graduates will make on student loans taken out after 2012.
The report claims someone graduating this year on an average starting salary of £29,000, will make total student loan repayments of £62,272 over 30 years, compared to £33,346 if official numbers are used.
It also found students set to graduate this year with a starting salary of £38,000 will face the largest repayments, and can expect to repay £100,146 in total. This compares to a much smaller £55,000 estimated repayment if official assumptions are used in the calculation….
….The report has criticized the Government for calculating how much future payments will be worth in today’s money terms by using what its author describes as an “insanely high” measure of inflation, as measured by RPI, plus 2.2pc – a measure decided upon in 2010.
By assuming a higher rate of inflation, future repayments appear lower.
Instead the report argues that calculations based on the rates at which banks lend to one another would be more appropriate……
Another key reason why graduates will repay more under the new system is because the repayment period has been extended from 25 years to 30 years.
Frederick Patten, the report’s author, refutes government claims that most students will be better off under the new system, maintaining that the vast majority of students will be much worse off.
He said: “Our numbers show that the average student will be around £30,000 worse off in today’s terms from the changes. They are undeniably worse off from the changes to student finance, with people at all starting salaries experiencing a rise in the cost of the loan in today’s terms. Only those from more affluent backgrounds will be able to pay the university costs upfront and avoid the substantial interest rate charges.”
not a word about overseas students, eh?
Martin Lewis, founder of MoneySavingExpert.com, said: “It’s impossible for people to accurately work out how much student loan they will repay because it’s all based on calculations that use assumptions. The size of the initial student loan is a red herring. There are no official estimates as the government won’t build a calculator to predict this – it would get heavily criticised for spinning things if it did.”
The new student loan system was met with strong opposition from young people when it was first proposed by the Conservative Government [and Liberal Democrat] in 2010. Tens of thousands of students took to the streets in a protest organised by the National Union of Students over plans to hike tuition fees to £9000 (up from just over £3000).
However, a number of experts have warned that the new repayment terms, which impose a much higher interest rate of up to RPI plus 3pc, compared to the 1pc interest rate on loans for people who started university earlier than 2011, could prove more worrying than the fees themselves.
wow somebody understands compound
The report also claims graduates with student loans taken out before 2011 will repay more than the government’s sums suggest. [is it against terms they signed?] The calculations show someone who started university in 2011 and graduated last year on a salary of £29,000, will repay £32,496 in total. This compares to the lower amount of £22,833, if government assumptions are used instead.
Since the new student loan system was introduced, academic cost analyses have focused on the burden the new loans will place on the taxpayer, rather than on the potential cost over decades to students, according to Rowena Mason, a senior research economist at the Institute for Fiscal Studies.
RedSTART’s warning that student debt could be more expensive than expected comes at a time of uncertainty for people trying to decipher total study costs.
Unless you have to go, it isn’t worth it.
If it’s something you can do at home, forget it.
People trawling the internet for an estimate will find a range of calculators and online tools, which all throw up wildly different results.
For example, MoneySavingExpert.com’s student loan calculator shows someone who started a three year full time degree in 2012 and borrowed £45,000, would repay around £36,000 over 30 years.
But type the same details into the student loan repayment calculator on DirectGov, a website run by the Student Loans Company, and the same student will be told they will face a repayment of £93,792 over 30 years. What the website doesn’t explain is that this figure is presented in future money terms, which makes it look like a much bigger sum because inflation isn’t taken into account. If the figure was presented in today’s money terms, it would be around £54,500.
yes, that’s much better /sarc
Research by the Intergenerational Foundation, a think tank, suggests that a graduate would need to be earning more than £50,000 a year before they start to repay the capital on the loan.
you can calculate, the system works!
Co-founder of the foundation, Ashley Seager, said: “Students have been led to believe that they are signing up to cheap loans. The reality is that interest rates are not only unfairly high but interest also starts accruing from the moment a student loan agreement is signed.
“Policy makers are over-burdening graduates for the next 33 years as they are forced to pay 9pc on income over £21,000 over the course of that period, plus over the course of the three years during which they are studying.” [Coalition governments, eh?]
unless it’s written off
because no chunk of graduate is getting a decent job in this economy off the bat
But a further blow could be on the way for young people if the salary level at which graduates start repaying their student loans is frozen at this level, as several senior education advisers have recommended. [inflation, uhuh]
The move would help cover university financing shortfalls at the expense of far higher repayments for graduates, which would hit everyone with a post-2012 student debt.
so it’s the University’s fault?
is this being conveyed clearly? [doubtful]
Mr Lewis claims the move would mean the Government would have “mis-sold university education to students”, and has pledged to organise a mass protest outside Parliament if politicians do decide to go ahead with it.
Which Government started it?
As commentor Vicar’s Knickers adds;
I doubt the majority of these fees will ever be paid back, and there lies a future problem.