oldie
Joined: September 2021
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Post by oldie on Oct 13, 2024 13:10:37 GMT
I have mentioned it in previous threads. We continue to ignore the divide in the share of the world economy at our peril. We see one of the outcomes made clear in the people turning up on our shores. They are not just strife driven refugees they are also economic refugees. However it must be recognised that economic stress is usually the cause of strife. From Project Syndicate, and Kenneth Rogoff "To be sure, there is a strong case for strengthening social safety nets in developed countries, especially when it comes to education and health care. From a moral standpoint, though, it remains highly debatable whether this outweighs the urgent need to address the plight of the 700 million people around the world living in extreme poverty." Indeed. Whilst the western democracies (cough) look to blame everyone but their own policies for the stresses that have come into sharp relief since the fraud induced financial markets collapse of 2008, the politics they argue appears trapped into narrow tramlines of ignorance and growing extreme politics. Personified by the stupidity of people like Trump in the USA who appears to believe running a diverse economy and devising policies on the domestic agenda that represents a diverse population is akin to running a Real Estate brokerage in the Bronx, to Social Democratic parties in Europe boxed in by Trump style power hungry idiots promising fake solutions. Full article here www.project-syndicate.org/commentary/more-capitalism-not-less-key-to-reducing-global-inequality-by-kenneth-rogoff-2024-10?utm_source=Project+Syndicate+Newsletter&utm_campaign=9b95ebb32b-sunday_newsletter_10_13_2024&utm_medium=email&utm_term=0_73bad5b7d8-9b95ebb32b-93555885&mc_cid=9b95ebb32b&mc_eid=04907c6ca0 |
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baldrick
Joined: July 2024
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Post by baldrick on Oct 14, 2024 8:26:56 GMT
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Post by Nobbygas on Oct 14, 2024 9:10:41 GMT
I have mentioned it in previous threads. We continue to ignore the divide in the share of the world economy at our peril. We see one of the outcomes made clear in the people turning up on our shores. They are not just strife driven refugees they are also economic refugees. However it must be recognised that economic stress is usually the cause of strife. From Project Syndicate, and Kenneth Rogoff "To be sure, there is a strong case for strengthening social safety nets in developed countries, especially when it comes to education and health care. From a moral standpoint, though, it remains highly debatable whether this outweighs the urgent need to address the plight of the 700 million people around the world living in extreme poverty." Indeed. Whilst the western democracies (cough) look to blame everyone but their own policies for the stresses that have come into sharp relief since the fraud induced financial markets collapse of 2008, the politics they argue appears trapped into narrow tramlines of ignorance and growing extreme politics. Personified by the stupidity of people like Trump in the USA who appears to believe running a diverse economy and devising policies on the domestic agenda that represents a diverse population is akin to running a Real Estate brokerage in the Bronx, to Social Democratic parties in Europe boxed in by Trump style power hungry idiots promising fake solutions. Full article here www.project-syndicate.org/commentary/more-capitalism-not-less-key-to-reducing-global-inequality-by-kenneth-rogoff-2024-10?utm_source=Project+Syndicate+Newsletter&utm_campaign=9b95ebb32b-sunday_newsletter_10_13_2024&utm_medium=email&utm_term=0_73bad5b7d8-9b95ebb32b-93555885&mc_cid=9b95ebb32b&mc_eid=04907c6ca0When I was in Mozambique (around the 2004ish time frame) I was told to never tip any of the men who helped me, with money. There was no point as there wasn't anything for them to spend the money on! We were told to tip them with pencils, pens, protractors, rubbers etc. They would then pass these on to the local schools. The method they had chosen to rebuild the country, and it's people, was through education. This would take time obviously, but it was the best way forward. Giving the people money was no use at all. In many ways you can extrapolate this from local people to the whole country. You cannot raise 700 million people out of poverty by giving them money. Education is the way forward. |
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oldie
Joined: September 2021
Posts: 7,516
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Post by oldie on Oct 14, 2024 13:21:34 GMT
I have mentioned it in previous threads. We continue to ignore the divide in the share of the world economy at our peril. We see one of the outcomes made clear in the people turning up on our shores. They are not just strife driven refugees they are also economic refugees. However it must be recognised that economic stress is usually the cause of strife. From Project Syndicate, and Kenneth Rogoff "To be sure, there is a strong case for strengthening social safety nets in developed countries, especially when it comes to education and health care. From a moral standpoint, though, it remains highly debatable whether this outweighs the urgent need to address the plight of the 700 million people around the world living in extreme poverty." Indeed. Whilst the western democracies (cough) look to blame everyone but their own policies for the stresses that have come into sharp relief since the fraud induced financial markets collapse of 2008, the politics they argue appears trapped into narrow tramlines of ignorance and growing extreme politics. Personified by the stupidity of people like Trump in the USA who appears to believe running a diverse economy and devising policies on the domestic agenda that represents a diverse population is akin to running a Real Estate brokerage in the Bronx, to Social Democratic parties in Europe boxed in by Trump style power hungry idiots promising fake solutions. Full article here www.project-syndicate.org/commentary/more-capitalism-not-less-key-to-reducing-global-inequality-by-kenneth-rogoff-2024-10?utm_source=Project+Syndicate+Newsletter&utm_campaign=9b95ebb32b-sunday_newsletter_10_13_2024&utm_medium=email&utm_term=0_73bad5b7d8-9b95ebb32b-93555885&mc_cid=9b95ebb32b&mc_eid=04907c6ca0When I was in Mozambique (around the 2004ish time frame) I was told to never tip any of the men who helped me, with money. There was no point as there wasn't anything for them to spend the money on! We were told to tip them with pencils, pens, protractors, rubbers etc. They would then pass these on to the local schools. The method they had chosen to rebuild the country, and it's people, was through education. This would take time obviously, but it was the best way forward. Giving the people money was no use at all. In many ways you can extrapolate this from local people to the whole country. You cannot raise 700 million people out of poverty by giving them money. Education is the way forward. Of course, nobody is going to argue that, but education alone won't do it. Not without infrastructure, a viable health system and economic growth. |
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Post by lostinspace on Oct 27, 2024 9:46:45 GMT
Not entirely a monetary thing,but Elections in Gorgia have created yet more unrest as the Dream party!! are heading back towards a more pro russian sway, causing voter unrest in what was perceived as initially a vite towards the EU and a more western style of life, accusations ( again, of funnily enough) interference from Russia ( denied, obviously) another little link towards Spewtins dream of re- creating the USSR...
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oldie
Joined: September 2021
Posts: 7,516
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Post by oldie on Oct 27, 2024 10:55:30 GMT
Not entirely a monetary thing,but Elections in Gorgia have created yet more unrest as the Dream party!! are heading back towards a more pro russian sway, causing voter unrest in what was perceived as initially a vite towards the EU and a more western style of life, accusations ( again, of funnily enough) interference from Russia ( denied, obviously) another little link towards Spewtins dream of re- creating the USSR... Getting Trump elected is next on his list |
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baldrick
Joined: July 2024
Posts: 1,346
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Post by baldrick on Oct 27, 2024 11:33:51 GMT
Not entirely a monetary thing,but Elections in Gorgia have created yet more unrest as the Dream party!! are heading back towards a more pro russian sway, causing voter unrest in what was perceived as initially a vite towards the EU and a more western style of life, accusations ( again, of funnily enough) interference from Russia ( denied, obviously) another little link towards Spewtins dream of re- creating the USSR... Almost worked in Moldova too. |
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Post by lostinspace on Nov 4, 2024 12:59:24 GMT
Not entirely a monetary thing,but Elections in Gorgia have created yet more unrest as the Dream party!! are heading back towards a more pro russian sway, causing voter unrest in what was perceived as initially a vite towards the EU and a more western style of life, accusations ( again, of funnily enough) interference from Russia ( denied, obviously) another little link towards Spewtins dream of re- creating the USSR... Almost worked in Moldova too. Final round of voting has been completed in Moldova,and despite some serious allegations of 'vote buying' by Russian backed persons the pro Europe leader Maia Sandu has won the election with a 55% majority vote over the Pro Russia group leader Alexandr Stoinaglo....bit of relief from Euro leaders, Von Der lyen forwarding her congratulations to Ms Sandu |
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oldie
Joined: September 2021
Posts: 7,516
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Post by oldie on Nov 4, 2024 19:19:55 GMT
Almost worked in Moldova too. Final round of voting has been completed in Moldova,and despite some serious allegations of 'vote buying' by Russian backed persons the pro Europe leader Maia Sandu has won the election with a 55% majority vote over the Pro Russia group leader Alexandr Stoinaglo....bit of relief from Euro leaders, Von Der lyen forwarding her congratulations to Ms Sandu Excellent |
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