Showing posts with label bank collapse. Show all posts
Showing posts with label bank collapse. Show all posts

Tuesday, 14 March 2023

WW3


           Capitalism stutters from one crisis to another but people seem to forget, the capitalist system is always in crisis. Over production, inflation, labour shortage, lack of growth, its necessary ingredient, are just some of the inherent flaws in the insane economics of capitalism. The recent flutter of worries over the collapse of two Banks within a week is the least of their worries. Another unexploded bomb in their midst is the sudden mushrooming of "buy now pay later" loans. Even when times are hard, the system still wants you to continue buying all those little luxuries. hence the pie in the sky, there is a cost of living crisis, they still have to move all those luxuries, but there isn't the where-with-all to pay for them. So the magic wand of capitalism, "buy now and pay later" when the "good times" return. Of course the don't and all this millions of loans don't get paid, boom and other capitalist crisis.
        The capitalist system has never recovered from the 2008 banking collapse, they are desperate to re-capitalise the system, and despite enforcing years of austerity on millions and billions of tax payers bailout cash, they have still failed miserably. The Western oligarchs that form the American financial Mafia are desperate to get back to those glory days that America enjoyed after WW2, when the world paid homage to the dollar and the loot kept flowing into the U$A coffers. However emerging economies, like China, Russia, India etc. are making that difficult for the masters of the dollar.
        So our biggest worry should be the fact that these parasitic masters of the dollar will take desperate measures and play their big ace, war. War is also a great way of releasing tax payers money into the military industrial complex, and a way of destroying the opposition and grabbing their resources, in the insane hope of that illusion, "Make America Great Again"
      There is desperation among the big dollar owners and dollar lovers, and desperation leads to drastic consequences. We would do well to remember, WW2 caused the deaths of 100 million+ innocent individuals, with America the only nuclear nation then, and they used that power on Hiroshima and Nagasaki, WW3 would more devastating as several nations now have nuclear weapons. The result would be the complete devastation of the entire planet. The masters of capitalism don't worry too much about that, it is up to us, the ordinary people to take away that power and take control and create the society we want, freed from the insanity of capitalist economics. 
 
          Drone swarms. The Pentagon’s massive budget includes a new project, the Autonomous Multi-domain Adaptive Swarms-of-Swarms (AMASS), to launch automated, coordinated attacks by swarms of thousands of many types of drones that operate in the air, on the ground, and in the water.
    
The White House released its budget request for 2024. For the Pentagon, there is $824 billion. Adding armaments for military operations in Ukraine takes that figure to more than $950 billion.
            Add the $24 billion Department of Energy budget item, as the department maintains nuclear bombs and related armaments. Hidden are the budgets for the CIA and other secret military forces. Biden’s total budget for world war totals well over $1 trillion.
            The Biden administration has started a proxy war in Ukraine against Russia. At the same time, it is building up toward war on China, including a possible U.S. invasion of Taiwan under some wild pretext, such as a threat from weather balloons.
           Don’t laugh. That’s how every U.S. imperialist war started, like the sinking of the battleship USS Maine in Havana harbor — the Maine sank because of a coal-bunker fire next to the ship’s gunpowder storage, not from mines planted by Spain, as was reported at the time. “Remember the Maine” became the battle cry for launching the war with Spain in 1898.
        Like the “Gulf of Tonkin incident” in Vietnam, alleged attacks by the Vietnamese on U.S. ships that never happened but were used to authorize an all-out war on Vietnam. Like the “weapons of mass destruction” that never existed but were used to launch a war on Iraq.
            As history has shown, a country that prepares for war is likely to go to war. Washington is engaged in a military buildup against China, diplomatic hostility including sanctions and trade barriers, and multiple semi-unreported operations such as basing a fleet of U.S.-crewed nuclear-powered attack submarines in Australia.

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