"Hello, IT? My economy has stopped working."

"Have you tried -"

"Yes."

"Okay. Check settings. What does it say under software?"

"Compatible with EU membership."

"Do you have that?"

"I just uninstalled it."

"Er - Why?"

"Honestly, I can't remember. Something about fish?"

1/ In @RayDalio's perspective, we are at the very late stages of the long term debt cycle. These long term debt cycles typically take 50-75 years to play out. This cycle began in 1945 when World War II ended and we began the US dollar-dominated world order.

2/ In the words of @RayDalio, "Right now, the world’s major central banks have the least fuel in their tanks since the late 1930s so are now in the later stages of the long-term debt cycle. Because they come along about once in a lifetime most people aren’t aware of them."

3/ Central banks have spent the last decade in a race to see who could devalue their currency the fastest. Near 0% interest rates have meant increased printing of the dollar, euro, and yen. Central banks no longer have the ability to tighten credit so they print money.

4/ Being towards the later stages of the long-term debt cycle there is a global sovereign debt bubble similar to what we saw in the 20's & 30's. In 2019, global debt-to-gdp hit 322% with total debt reaching a new all-time high of $253 Trillion.

5/ The wealth gap has also expanded to levels last seen in the 30's. Historically, inequality and large wealth gaps have eventually led to dire consequences. Periods of conflict and social unrest often marked by taxes, revolutions, or wars.

Chinese troops on U.S. soil?

Chinese troops on Canadian and Mexican/S. American soil?

Underground tunnels facilitate movement between the three?

This is a thread to follow up. I won't have enough time to do all the research necessary in one shot.

F-16 Crash Tuesday night (12/8/2020) and speculation about whether "50,000 Chinese troops were killed." Further research links on this

1/ 2017 vs 2020 Economics

Whatever the many reasons for the coup. The aftermath has been an economic disaster. This is instructive, since Mugabe was a monumental failure in Economics.

I wish to stick to economic facts &figures. I restrict myself exclusively to GOZ & RBZ stats

2/
To be fair to Mnangagwa, as President he is fed a lot of misinformation & politically convenient gibberish by those closest to him & security clusters bent on personal enrichment than national well being.

I say this, because some of the issues are too simple to understand.

3/
Mnangagwa can never commit harakiri ( Japanese suicide by cutting one’s belly) if facts & figures were honestly presented to him. Yet we saw Mugabe commit harakiri. He died a sad death while his lieutenants are now in power. Where the lieutenants honest to Mugabe...

4/
Chinamasa was Mugabe’s finance Minister. Was he frank & honest? If so why would he benefit from Mugabe’s ouster? The same is true of Mugabe’s bureaucracy. Most benefitted from the coup. So we ask if they were honest with him during his reign?

ED suffers the same problem

5/
On Wallstreet, CEO’s are not protected from their critics & independent research. Often they rely entirely on this research & seek it out in developing their strategy.

Once, Patterson Timba kicked out an analyst from his investor briefing. Forgetting strategy is in critique

1/16

It is a little frustrating to see the response many analysts had to the GDP growth data Chinese released today. These numbers aren’t especially good, and they certainly shouldn’t have been surprising. Back in April and May, when most

2/16

were projecting negative or barely positive GDP growth for China in 2020 (the OECD, for example, expected China’s GDP to contract by 3.7%), I insisted that GDP growth for 2020 would be positive, and probably between 2% and 3%.

Today, it was reported as 2.3%. How did...

3/16

I know? Because I knew that while most of the healthy sources of Chinese growth would contract (except for exports, which would expand given Beijing’s intense supply-side response to the impact of Covid-19), Beijing was going to respond to a significant...

4/16

worsening of the healthy parts of its economy by unleashing enough of the unhealthy, non-productive growth it has long tried to constrain – basically real estate and infrastructure investment – in order to achieve as much economic activity as it...

5/16

needed for domestic political ends.

And that’s exactly what happened. While GDP grew by 6.5% in the fourth quarter, even with substantial tailwinds its retail sales measure – a proxy for consumption – was only up 4.6%, and it was down 3.9% overall in 2020.

It's out! The @EU_Commission winter economic forecast for 2021 📊
🇪🇸 +5.6% GDP
🇫🇷 +5.5% GDP
🇭🇷 +5.6% GDP
🇸🇮 +4.7% GDP
🇲🇹 +4.5% GDP
🇵🇹 +4.1% GDP
🇸🇰 +4.0% GDP
🇭🇺 +4.0% GDP
🇧🇪 +3.9% GDP
🇷🇴 +3.8% GDP
💶 +3.8% GDP
🇪🇺 +3.7% GDP
🇬🇷 +3.5% GDP
🇱🇻 +3.5% GDP
🇮🇪 +3.4% GDP
🇮🇹 +3.2% GDP

🇩🇪 +3.2% GDP
🇨🇾 +3.2% GDP
🇱🇺 +3.2% GDP
🇨🇿 +3.2% GDP
🇵🇱 +3.1% GDP
🇩🇰 +2.9% GDP
🇫🇮 +2.8% GDP
🇧🇬 +2.7% GDP
🇸🇪 +2.7% GDP
🇪🇪 +2.6% GDP
🇱🇹 +2.2% GDP
🇦🇹 +2.0% GDP
🇳🇱 +1.8% GDP

Vs📈 2020:

🇪🇸 -11.0% GDP
🇬🇷 -10.0% GDP
🇲🇹 - 9.0% GDP
🇭🇷 - 8.9% GDP
🇮🇹 - 8.8% GDP
🇫🇷 - 8.3% GDP
🇵🇹 - 7.6% GDP
🇦🇹 - 7.4% GDP
💶 - 6.8% GDP
🇪🇺 - 6.3% GDP
🇧🇪 - 6.2% GDP
🇸🇮 - 6.2% GDP
🇸🇰 - 5.9% GDP
🇨🇾 - 5.8% GDP
🇨🇿 - 5.7% GDP
🇭🇺 - 5.3% GDP
🇩🇪 - 5.0% GDP
🇷🇴 - 5.0% GDP
🇧🇬 - 4.9% GDP

🇳🇱 - 4.1% GDP
🇱🇻 - 3.5% GDP
🇩🇰 - 3.5% GDP
🇱🇺 - 3.1% GDP
🇫🇮 - 3.1% GDP
🇮🇪 - 3.0% GDP
🇪🇪 - 2.9% GDP
🇸🇪 - 2.9% GDP
🇵🇱 - 2.8% GDP
🇱🇹 - 0.9% GDP

Commissioner @PaoloGentiloni says the forecast is based on the assumption that restrictive measures to contain the #coronavirus will be eased in the second quarter of 2021.