Tag Archives: Venezuela

Communism vs Capitalism

Tons of Democrats wants to beat president Donald Trump and be the next president of the United States. The Democrats had the first debate and president Trump calls the first Democratic presidential primary debate «Boring.» And he is not alone.

Ocasio-Cotez says debate reminded her of high school class where some students didnt do their homevork. The Democrats are in real trouble when AOC mocks them all saying «not doing your homework.» Maybe the Russians have hacked NBCs audio feed during the debate, but they acted all like a Comedy Central.

Trump said in an interview thirty years ago that he was tierd of seeing the country being ripped off. It seems like someone have tried to destroy the U.S, but Trump is making it great again. The debate is about two things; Socialism/Communism and Capitalism.

If you ask some capitalists, they will say the debate was scary where the candidates on the stage lurch further towards socialism. A total reworking of the U.S democracy. They were demonizing capitalism. They were demonizing job creators. People on the left side is now too extreme for many.

There is no doubt that capitalism is working. Just look at Cuba or Venezuela. Two extreme socialist/communist countries with one big problem; there is no growth. The debate made Trump a winner because the growth have never been better in the U.S. In other words; Trump`s economy is his strongest card right now.

There are people from Cuba and Venezuela living in the U.S right now and they are very frightened because they know how it is to live in a socialist/communist country. They can see similarities; they promise free stuff for everybody, but they all know that in the end it will be a government takeover, and then it becomes oppression. In other words;

DON`T FEED THE BEAST!

I have written about communist-China for years and what we see in Hong Kong is the same. They demonstrate against the one rule communist party in Beijing. They still want a «one country, two systems» model. They want to be independent and govern themselves.

Former prime minister Margaret Thatcher said in the 80`s in a meeting with communist leader Deng Xiaoping that Hong Kong must be able to retain its way of life, legal system, their economic system, freedom of speech, freedom of press and freedom of association. Freedom of religious worship.

These are fundamental freedoms, Thatcher said.

Nobel Peace Prize winner Liu Xiaobo wanted democracy and freedom but the communist-party in China put him in jail for that. The one-rule communist-party doesn`t care about human rights. Nor do the Godless communists care about christians. Or muslims.

The totalitarian and authoritarian one-rule communist party in Beijing hav built a network of internment camps in Xinjiang where hundreds of thousands of ethnic Uighurs are beleved to have been detained.

Uighur journaist and activist Gulchehra Hoja have warned about the consentration camps in Xinjiang which is similar to Holocoust and crazy things that happened thousands of years ago. It`s all about communist propaganda.

In the camps, they get up at 5 am. They do a lot of learning. They start the day by singing songs for two hours a day. Sometimes three or four hours. The text goes like this: «Without the Communist party, there will be no new China.»

the prisoners watch movies that praise Xi Jinping and also the Communist Party. They would also tell them about religion, saying: «There is no such a thing as religion. Why do you beliee in religion? There is no God. Do you have a Coran at home?»

You will lose your freedom if you feed the beast too much. The government will blow up and be an arrogant intellectual idiot. 30 years ago, the one-rule communist party in China killed its own citizens who wanted democracy and freedom. Communists do not care about the rule of law. There is only one side; their side.

China is a totalitarian and authoritarian police state. They control the people by fear and silencing them all. If you say something about the president, they will put you in jail. If you say something about democracy, they will put you in jail. You have no freedom of speech.

So can be said about Turkey and Erdogan. A Nationalist state which is totalitarian and authoritarian. Erdogan controls the police, military and media. Plenty of journalists in Turekey are put in prison. The economy is a disaster and people in Turkey want a change.

The government is your servant, not your master!

You have lost your freedom if your government treat you like a doormat. This is the point were the government have become a beast. Your enemy. A system against you which is totally wrong and insane because you are paying their wages; tax money.

Some countries in the West have China as a role model and you are hereby warned. The battle is between communists and capitalists. So who are the Americans gonna vote for? So far, I think president Trump is the big winner and the radical socialists are in trouble.

4th of July is approaching and it`s a rally for FREEDOM!

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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The Labour Party`s leader Jeremy Corbyn is a self-confessed Marxist

Theresa May will have a meeting with her new cabinet today which is a bit angry. The Tory members of Parliament are blaming May for the catastrophic election campaign that cost her party (the Conservatives) their parliamentary majority.

The party that took seats from May and her party was the Labour party, and the man behind that party is Jeremy Corbyn. This is a man who said the Labour Party is ready to serve Britain. Labour`s 9,6% vote swing was its largest since 1945. Who is Jeremy Corbyn?

 

 

Jeremy Bernard Corbyn is born 26 May 1949. He is a British politician who has served as Leader of the Labour Party and Leader of the Opposition since 12 September 2015. He has been the Member of Parliament (MP) for Islington North since 1983.

His parents were peace campaigners who met in the 1930`s at a committee meeting in support of the Spanish Republic at Conway Hall during the Spanish Civil war. While still at school, Corbyn became active in the Wrekin constituency young Socialists, his local Labour Party, and the League Against Cruel Sports.

As a backbench MP Corbyn was known for activism and rebelliousness, frequently voting against the Labour whip, including when the party was in government under New Labour leaders Tony Blair and Gordon Brown.

As Labour leader, Corbyn advocates reversing austerity cuts to public services and welfare funding made since 2010, and proposes renationalisation of public utilities and the railways.

A longstanding anti-war and anti-nuclear activist. Corbyn supports a foreign policy of military non-interventionism and unilateral nuclear disarmament. He was the national chair of the Stop the War Coalition and a member of the Socialist Campaign Group until his election as leader of the Labour Party.

In the snap election 2017, Corbyn and his Labour party went to be the second biggest party in parliament, and they increased their shares of the popular vote to 40%, resulting in a gain of 32 seats, and a hung parliament.

In the early 80`s he spoke in a debate, describing a motion calling for greater support for law and order as «more appropriate to the National Front than to the Labour Party».

He worked on Tony Benns unsuccessful deputy leadership campaign in 1981. He was keen to allow former International Marxist Group member Tariq Ali to join the party, despite Labours National Executive having declared him unacceptable, and declared that «so far as we are concerned…. hes a member of the party and hell be issued with a card.

In May 2015 he wrote for the Morning Star, saying that «the Star is the most precious and only voice we have in the daily media»

Corbyn was a campaigner against apartheid in South Africa, serving on the National Executive of the Anti-Apartheid Movement, and was arrested in 1984 while demonstrating outside South Africa House.

In the Main Stream Media (MSM) we can still see articles about people’s own Facade, telling you that you shouldn`t care much about how you look like. Your hair, back, stomach, your wight and so on.

During the BBC`s Newsnight in 1984, Conservative MP Terry Dicks asserted that so-called Labour scruffs (such as Corbyn, who at this time was known for wearing open-necked shirts to the Commons) should be banned from addressing the House of Commons unless they maintained higher standards.

Corbyn responded, saying that: «its not a fashion parade, its not a gentlemans club, its not a bankersinstitute, its a place where the people are represented.

 

 

In 1984 Corbyn and Ken Livingstone were criticised for inviting two convicted Provisional IRA members as well as Gerry Adams and other members of the Irish Republican party Sinn Fèin to Westminster three weeks after the Birmingham hotel bombing, an attack carried out by the IRA that killed five people.

He became known during the 1980s for his work on behalf of the Guildford Four and Birmingham Six, who were eventually found to have been wrongly convicted of responsibility for a series of bombings carried out in England in the mid-1970s by the IRA that killed 28 people.

Corbyn was arrested in 1986 for protesting the trial of a group of IRA members including the Brighton Bomber Patrick Magee. Magee was convicted of murdering five people and the group were convicted of planning a «massive bombing campaign in London and seaside resorts».

In the early 1990s, MI5 opened a file on Corbyn over fears his IRA links meant he could have been a threat to national security. The metropolitan Polices Special Branch was also monitoring Corbyn at the time, and continued to monitor him for two decades over fears he was attempting to «undermine democracy».

According to Andrew Gilligan in The Sunday Times, following research in Irish and Republican archives, Corbyn was involved in over 72 events connected with Sinn Fein, or other pro-republican groups, during the period of the IRA`s paramilitary campaign.

Corbyn supported the campaign to overturn the convictions of Jawad Botmeh and Samar Alami for the 1994 bombing of the Israeli Embassy in London; Botmeh and Alami had admitted possessing explosives and guns but denied they were for use in Britain.

The convictions were upheld by the High Court of Justice in 2001 and by the European Court of Human Rights in 2007.

The left-wing Jacobin magazine described Corbyn as «a figure for decades challenged them (Labour Party elites) from the backbench as one of the most rebellious left-wing members of parliament.»

After members of Islamic State carried out terrorist attacks in Paris in November 2015, Corbyn suggested that the only way to deal with the threat posed by the jihadist group would be to reach a political settlement aimed at resolving the Syrian Civil War.

Speaking at a regional party conference in Bristol on 21 November, Corbyn warned against «external intervention» in Syria but told delegates that Labour would «consider the proposals the Government brings forward.

Corbyn said in a letter that he could not support military action against Islamic State: «The issue (IS) wether what the Prime ministers proposing strengthens, or undermines, our national security… I do belive the current proposal for air strikes in Syria will protect our security and therefore cannot support it.»

Corbyn agreed that Labour MP`s would be given a free vote on air strikes when the issue was voting on two days later. A total of 66 Labour Mps voted for the Syrian air strikes, while Corbyn and the majority of labour Mps voted against.

Following the June 2016 vote to leave the EU, Corby was accused of «lukewarm» campaigning for Britain to stay in the European Union and showing a «lack of leadership» on the issue by several party figures.

Alan Johnson, who headed up the Labour in for Britain campaign said «at times» it felt as if Corbyns office was «working against the rest of the party and had conflicting objectives». Corbyns decision to go on holiday during the campaign was criticised.

In September 2016, Corbyn`s spokesman said Corbyn wanted access to the European Single Market, but there were «aspects» of EU membership related to privatisation «which Jeremy campaigned against in the referendum campaign.

Corbyn has campaigned against Private Finance Initiative (PFI) schemes, supported a higher rate of income tax for the wealthiest in society, and his shadow chancellor proposed the introduction of a £10 per hour living wage.

Corbyn opposes austerity, and has advocated an economic strategy based on investing-to-grow as opposed to making spending cuts. During his first Labour leadership election campaign, Corbyn propsed that the Bank of England should be able to print money for capital spending, especially housebuilding, instead of quantitative easing, which attempts to stimulate the economy by buying assets from commercial banks. He described it as «People`s Quantitative Easing».

Corbyn has been a consistent supporter of renationalising public utilities, such as the now-privatised British Rail and energy companies, back into public ownership. Initially Corbyn suggested completely renationalising the entire railway network, but would now bring them under public control «line by line» as franchises expire.

Corbyn has been vocal on Middle East foreign policy. He is a member of the Palestine Solidary Campaign, campaigning against conflicts in Gaza and what the organisation considers to be apartheid in Israel.

He belive Hamas is «an organisation dedicated towards the good of the Palestinian people,» and said that the British government`s labelling of Hamas as a terrorist organisation is «a big, big historical mistake.»

Corbyn would like to pull the United Kingdom out of NATO, and he is a longstanding supporter of unilateral nuclear disarmament. In April 2014, Corbyn wrote an article for the Morning Star attributing the crisis in Ukraine to NATO.

He said the «root of the crisis» lay in «the drive to expand eastwards» and described Russia`s actions as «not unprovoked». He has said it «probably was» a mistake to allow former Warsaw Pact countries to join NATO.

Corbyn was a proponent of the Venezuela Solidarity Campaign and is a longtime supporter of the Cuba Solidarity Campaign, which campaigns against the US embargo against Cuba and supports Cuban Revolution.

After the death of socialist President of Venezuela Hugo Chàvez Corbyn thanked him on Twitter, saying «He made massive contributions to Venezuela & a very wide world».

 

 

In November 2016, following the death of Fidel Castro, Corbyn said that Castro, despite his «flaws», was a «huge figure of modern history, national independence and 20th Century socialism. Castros achievements were many.» Internal Labour party critics of Corbyn accused him of glossing over Castros human rights abuses.

Corbyn has previously been a left-wing Eurosceptic, and backed a proposed referendum on British withdrawal from the European Union in 2011. Additionally, he accused the EU of acting «brutally» in the 2015 Greek crisis by allowing financiers to destroy its economy.

Despite earlier comments during the leadership campaign that there might be circumstances in which he would favour withdrawal, in September 2015, Corbyn said that Labour would campaign for Britain to stay in the EU regardless of the result of Cameron`s negotiations, and instead «pledge toreverse any changes» if Cameron reduced the rights of workers or citizens.

He also belived that Britain should play a crucial role in Europe by making demands about working arrangements across the continent, the levels of corporation taxation and in forming an agreement on environmental regulation.

In June 2016, in the run-up to the EU referendum, Corbyn said that there was an «overwhelming case» for staying in the EU. In a speech in London, Corbyn said: «We, the Labour Party, are overwhelmingly for staying in, because we belive the European Union has brought investment, jobs and protection for workers, consumers and the environment.»

Corbyn also criticised media coverage and warnings for both sides, saying that the debate had been dominated too much by «myth-making and prophecies of doom».

Jeremy Corbyn admitted his passion for staying in the EU was «seven, or seven and a half» out of ten. He said he voted «Remain» but now says he would respect the results of the referendum if he gains power.

Mays Conservatives got the most votes and the most seats, but no one is calling her a winner, and her survival is in doubt. Meanwhile Corbyns band of supporters is riding a most unexpected wave.

Jeremy Corbin can be the next President. A man who backs higher taxes, nuclear disarmament, and state control of industries. In addition; he has a history of closeness to extremist groups including IRA (Irish Republican Army).

Brexit negotiations will begin on 19 June 2017.

 

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Hyper inflation of 231,150,888,87 percent in July

Janet Yellen and the FED raised the rates and its expected to see them raise the rates at least a couple of times before the end of this year. In addition; they are planning to raise the rates three times next year. Wow. What about the inflation? Let`s take a look at Japan, Venezuela and Zimbabwe.

Nikkei reach its all-time high on December 29th 1989. The stock market plummeted and did never come back. Japan started to grow after world war II and was among the first in the world to use robots in the 70s and 80s.

Japan used robots especially in the auto and techno industry. The optimism went to be a huge euphoria og Nikkei reached 38.957.44 and ended the day at 38.915.87 on December 29th 1989. As you may know; Japan started to «print» money. But what happened to the inflation?

As you can see from the chart above, Japans inflation increased the early 90s and then it started to decline again. You can see from the chart that it went up again in the late 90`s, but not for a long time. It drops every time it goes up.

Consumer prices increased 0,4 percent YoY in January this year. Transportation cost posted the first annual gain since March of 2015 and prices went up faster for clothing and footwear and recreation and culture.

Inflation rate reached an all-time high of 24,9 percent in February of 1974 and a record low of -2,5 percent in October of 2009. It`s a different and more scary story in Venezuela.

It`s not getting better in Venezuela and it goes from bad to extremely bad right now. What in the world is going on? Venezuela has the highest inflation rate in the world right now. Economic turmoil in Venezuela has made the bolivar go straight up to heaven.

Some analysts say it could reach 2000 percent in 2017. No, I`m not kidding; 2000 percent. President Nicolàs Maduro who is elected after the death of socialist firebrand Hugo Chàvez explained the shock move by accusing US-backed «mafias» of conspiring to destabilize his country’s economy by hoarding bank notes.

Take a good look at the chart above. Consumer prices in Venezuela jumped 800 percent YoY in 2016, following a 180,9 percent rise in 2015. It is the highest inflation rate on record after the slump in oil prices led to a severe recession and food shortages.

Venezuela reached an all-time high of 800 percent in December of 2016 and a record low of 3,22 percent in February of 1973. You think 800 percent is much? Take a look at Zimbabwe.

The worst of the inflation occurred in 2008, leading to the abandonment of the currency. The peak month of hyperinflation occurred in mid-November 2008 with a rate estimated at 79,600,000% per month. That is what I call hyper-inflation.

This resulted in US$1 becoming equivalent to the staggering sum of Z$2,621,228. The rate went up 585,84 percent in 2005. 1,281,11 percent in 2006 and 66,212,3 percent in 2007. And then it exploded; Up 231,150,888,87 percent in July of 2008. Wow.

Hyper-inflation like that mean that the price can jump when you are sitting on the bus. That can be problematic for some customers but also for business owners.

Any Zimbabwean dollars acquired needed to be exchanged for foreign currency on the parallel market immediately, or the holder would suffer a significant loss of value.

For example, a mini-bus driver charged riders in Zimbabwean dollars, but different rates throughout the day. The evening commute was highest-priced. He sometimes exchanged money three times a day, not in banks but in back office rooms and parking lots.

Lack of confidence in government to practice fiscal restraint feeds on itself. In Zimbabwe, neither the issuance of banknotes of higher denominations nor proclamation of new currency regimes led holders of the currency to expect that the new money would be more stable than the old.

Remedies announced by the government never included a believable basis for monetary stability. Thus, one reason the currency continued to lose value, causing hyperinflation, is that so many people expected it to.

What about a hyper-inflation in the U.S? Is it possible? What can go wrong, and what will happen? I will write more about that later on this week.

 

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Olympic Games starts in Brazil while the GDP is declining

The Olympic Games starts today and will last until 21 August 2016, and the host is Rio de Janeiro. A beautiful place on earth, but if you ask some people there, they have another view. They are against it.

Hundreds of demonstrators demonstrated earlier on Friday, and blocked roads in Copacabana. They protested against the government and the cost of hosting the event. Nothing has obviously changed since last time I wrote about Brazil during the World Cup in 2014.

 

ol2016

People were angry at that time and so is it now. They feel angry because they belive the Brazilian government should spend money on other things than World Cup and now Olympic Games. Brazil still have serious problems with crime.

Brazil still has above-average levels of violent crime and particularly high levels of gun violence and homicide. WHO estimated the number of 32 deaths per 100,000 inhabitants, which is one of the highest rates of international homicide of the world.

There are differences between the crime rates in the Brazilian states. While in Sao Paulo the homicide rate registered in 2013 was 10,8 deaths per 100,000 inhabitants, in Alagoas it was 64,7 homicides per 100,000 inhabitants.

Brazil also has high level of incarceration and the third largest prison population in the world (behind only China and the United States), with an estimated total of approximately 700,000 prisoners around the country (June 2014), an increase of about 300% compared to the index registered in 1992.

Brazil is the largest country in both South America and Latin America. As the world`s fifth-largest country by both area and population, it is the largest country to have Portuguese.

Brazil was inhabited by numerous tribal nations prior to the landing on 1500 of explorer Pedro Alvares Cabral, who claimed the area for the Portuguese Empire. Brazil remained a Portuguese colony until 1808, when the capital of the empire was transferred from Lisbon to Rio de Janeiro.

In 1815, the colony was elevated to the rank of kingdom upon the formation of the United Kingdom of Portugal, Brazil and the Algarves. Independence was achieved in 1822 with the creation of the Empire of Brazil, a unitary state governed under a constitutional monarchy and a parliamentary system.

The ratification of the first constitution in 1824 led to the formation of a bicameral legislature, now called the National Congress. The country became a presidential republic in 1889 following a military coup dètat.

An authoritarian military junta came to power in 1964 and ruled until 1985, after which civilian governance resumed. Brazil`s current constitution, formulated in 1988, defines it as a democratic federal republic.

The federation is composed of the union of the Federal District, the 26 states, and the 5,570 municipalities.

(PPP) as of 2015. A member of the BRICS group, Brazil until 2010 had one of the world`s fastest growing economies, with its economic reforms giving the country new international recognition and influence.

Brazils national development bank plays an important role for the countrys economic growth.

The country has been the largest producer of coffee for the last 150 years.

 

 

 

GDP-Brazil

 

 

Now, things have turned upside down, and it has been a sharp and quick drop for the Brazilian economy and for Ms Dilma Rousseff. Brazil`s economic woes started in 2011, when China began to decelerate and Brazilian commodities began losing value.

Brazil`s GDP YoY is -5,40%, and their Interest rate is 14,25% with a jobless rate of 11,30%.

There is something strange here.

Argentina and Venezuela is not far away from Brazil, and if we scrutinize the numbers we can see that they have something in common. The Interest rate and Inflation rate is very high.

In Brazil, the Interest rate is 14,25%, but in Venezuela, the Interest rate is 21,36%. In Argentina; 30,25%. Not only that. Take a look at the Inflation rate; in Argentina it is 40,50%, but in Venezuela it is 180,90%. Can you belive that? The Inflation rate in Venezuela is 180,90%! Wow.

Its not so bad for the growth in Argentina, but Venezuela is in same boat as Brazil when it comes to growth. GDP in Brazil is -5,40% and in Venezuela it is -7,10%. Argentinas GDP YoY is 0,49%. Not much, but they`re on the right side.

By comparison; Chinas GDP is 6,70%, and Indias GDP is 7,90%.

It went wrong for both Brazil and Venezuela, but this can also happen in your country. Remember that.

 

asphalt

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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