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#Post#: 18940--------------------------------------------------
Re: Monetary Wealth
DIR By: Loopholes
Date: April 18, 2023, 8:28 pm
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Russian sanctions loopholes: Is Switzerland profiting from its
'neutrality'? | DW News
--- Quote ---
> Is Switzerland doing all it can to implement sanctions on
Russia? And what are other western countries doing to prevent
Russia from trading with the West? According to a report in the
Financial Times, some Swiss companies are using a loophole in
Switzerland's sanctions legislation to circumvent restrictions
and are continuing to trade in millions of dollars of Russian
gold and oil. DW talked to Anastassia Fedyk, assistant professor
of finance at Haas School of Business at the University of
California, Berkeley.
--- End Quote ---
HTML https://www.youtube.com/watch?v=xH7DeFbrq2Y
See also:
HTML https://trueleft.createaforum.com/issues/monetary-wealth/?message=18517
#Post#: 18942--------------------------------------------------
Re: Monetary Wealth
DIR By: Loopholes
Date: April 18, 2023, 8:51 pm
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Best comment to the above video:
--- Quote ---
> Oh my gosh, I never would have guessed the holes in Swiss
cheese were a sarcasm of the Swiss character.
--- End Quote ---
#Post#: 19933--------------------------------------------------
Re: Monetary Wealth
DIR By: 2ThaSun
Date: May 27, 2023, 1:40 pm
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--- Quote ---
> Every couple of years Republicans and Democrats play a game of
chicken with the debt ceiling, threatening a catastrophic
sovereign default...
--- End Quote ---
Not only do Americans have to worry about electing a new leader
every four years, they also have to worry about a "catastrophic
sovereign default" every couple of years. Meanwhile the health
of Americans continues to deteriorate due to "unmitigated
stress":
HTML https://trueleft.createaforum.com/true-left-vs-right/western-civilization-is-a-health-hazard/?message=19723
Western politicians continue to destroy the health of their
fellow civilians without a care in the world, all because they
enjoy ridiculous political games and culture wars...
The US Debt Ceiling Crisis Explained
--- Quote ---
> With the debt limit deadline approaching, Biden and McCarthy
are close to agreeing a deal to once again raise the ceiling and
avoid a global financial catastrophe. So what exactly is the
debt ceiling? And is this all just a dumb game of political
chicken?
--- End Quote ---
HTML https://www.youtube.com/watch?v=8BLa9VtBxL4
#Post#: 20043--------------------------------------------------
Re: Monetary Wealth
DIR By: 2ThaSun
Date: June 1, 2023, 1:38 pm
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Can we Trust Russia's Economic Data?
--- Quote ---
> Despite ongoing sanctions and a struggling invasion, the
Kremlin continues to play down the impact it's had on their
economy, but there's reason to be skeptical of this. So in this
video, we discuss whether we can trust Russia's relatively
positive data.
--- End Quote ---
HTML https://www.youtube.com/watch?v=hDye4gqBgYk
#Post#: 20055--------------------------------------------------
Re: Monetary Wealth
DIR By: 2ThaSun
Date: June 2, 2023, 10:35 am
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FACT SHEET: Biden-⁠Harris Administration Announces New
Actions to Build Black Wealth and Narrow the Racial Wealth Gap
--- Quote ---
> One hundred years ago, the thriving Black community of
Greenwood in Tulsa, Oklahoma, known as “Black Wall Street,” was
ruthlessly attacked by a violent white supremacist mob. An
estimated 300 Black Americans were killed and another 10,000
were left destitute and homeless.
>
> The destruction wrought on the Greenwood neighborhood and its
families was followed by laws and policies that made recovery
nearly impossible. The streets were redlined, locking Black
Tulsans out of homeownership and access to credit. Federal
highways built through the heart of Greenwood cut off families
and businesses from economic opportunity. And chronic
disinvestment by the federal government in Black entrepreneurs
and small businesses denied Black Wall Street a fair shot at
rebuilding. These are the stories of Greenwood, but they have
echoes in countless Black communities across the country.
>
> Because disparities in wealth compound like an interest rate,
the disinvestment in Black families in Tulsa and across the
country throughout our history is still felt sharply today. The
median Black American family has thirteen cents for every one
dollar in wealth held by White families.
>
> Today, on the centennial of the Tulsa Race Massacre, the
Biden-Harris Administration is announcing new steps to help
narrow the racial wealth gap and reinvest in communities that
have been left behind by failed policies. Specifically, the
Administration is expanding access to two key wealth-creators –
homeownership and small business ownership – in communities of
color and disadvantaged communities.
--- End Quote ---
Entire article:
HTML https://www.whitehouse.gov/briefing-room/statements-releases/2021/06/01/fact-sheet-biden-harris-administration-announces-new-actions-to-build-black-wealth-and-narrow-the-racial-wealth-gap/
#Post#: 20081--------------------------------------------------
Re: Monetary Wealth
DIR By: 2ThaSun
Date: June 3, 2023, 1:27 pm
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How Erdogan’s Re-election Exacerbated Turkey’s Economic Crisis
--- Quote ---
> The Turkish Lira has undergone a protracted collapse under
Erdogan's presidency and his recent re-election has renewed
pressure on the currency. In this video, we break down this
accelerated decline and explain why Erdogan's policy is now
unsustainable.
--- End Quote ---
HTML https://www.youtube.com/watch?v=GJobZygW0PY
#Post#: 20110--------------------------------------------------
Re: Monetary Wealth
DIR By: 2ThaSun
Date: June 4, 2023, 12:34 pm
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China's Local Government Debt Crisis Explained
--- Quote ---
> In order to meet Beijing's ambitious growth targets, local
governments have amassed huge debts as domestic demand has
slowed and this practice has become unsustainable. In this video
we explain this brewing economic crisis and why it's bad news
for China.
--- End Quote ---
HTML https://www.youtube.com/watch?v=2arQDBzJnj0
China's Escalating Debt Crisis Sparks Concern Among Investors |
Vantage with Palki Sharma
--- Quote ---
> Global investors are increasingly getting concerned over the
escalating debt levels of China’s local governments. Several
provinces and cities are grappling with billions in loans.
According to an IMF report, the local governments' collective
debt stands at an astounding $10 trillion. Palki Sharma tells
you more.
--- End Quote ---
HTML https://www.youtube.com/watch?v=830thjHt_j0
#Post#: 20528--------------------------------------------------
Re: Monetary Wealth
DIR By: 2ThaSun
Date: June 20, 2023, 2:24 pm
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Why Has China's Economy Suddenly Slumped?
--- Quote ---
> While it first appeared China's economy was making a great
post-pandemic recovery, recent economic data is casting doubt on
this narrative. So in this video, we break down why China's
property sector, exports and consumption are hold back their
economy.
--- End Quote ---
HTML https://www.youtube.com/watch?v=oCe1Qs7Z5T4
#Post#: 21846--------------------------------------------------
Re: Monetary Wealth
DIR By: Germany
Date: September 1, 2023, 2:28 pm
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The rise of economic nationalism alongside the rise of
ethno-nationalism, fueled by nations such as Israel and Hungary
primarily, and to lesser degrees the EU and the US, is sure to
lead humanity to great places I am sure!? Won't be long now that
the countries of the world come together to tackle major issues
such as climate-change head on... ::) ;D
The rise of economic nationalism | Business Beyond
--- Quote ---
> For decades, the free market was lauded for fostering
enterprise and pulling millions of people out of poverty. Today,
as younger generations struggle to achieve the prosperity of
their parents, there’s an increasing debate about the pitfalls
of a pull-yourself-up-by-your-bootstraps mentality. In this
episode of Business Beyond, we examine the growth in big
government around the world, looking at the impact of US
President Joe Biden’s Inflation Reduction Act, and how climate
change, the Covid-19 health emergency and the energy crisis
triggered by Russia’s war in Ukraine are shifting attitudes
towards the government’s role in society. Featuring expert
analysis from former WTO Chief Pascal Lamy, historian and author
Jacob Soll, Rakeen Mabud of Groundwork Collaborative, economist
Jakob Hafele and CEO of the Roosevelt Institute Felicia Wong.
>
--- End Quote ---
HTML https://www.youtube.com/watch?v=UJ39JdKSEdc
#Post#: 22108--------------------------------------------------
Re: Monetary Wealth
DIR By: SwitzerlandAgain
Date: September 14, 2023, 5:17 pm
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How Switzerland Secretly Helps Russia
--- Quote ---
> Why Switzerland Helps Russia Hide Gold
--- End Quote ---
HTML https://www.youtube.com/watch?v=5p-suGLfwg0
Top comment at time of post:
--- Quote ---
> 1939
> Switzerland: We're neutral.
> Netherlands: So are we.
> Germany: No you're not.
--- End Quote ---
;D
See also:
HTML https://trueleft.createaforum.com/issues/monetary-wealth/?message=18517
HTML https://trueleft.createaforum.com/issues/monetary-wealth/?message=18620
HTML https://trueleft.createaforum.com/issues/monetary-wealth/?message=18940
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