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The Saker
A bird's eye view of the vineyard

offsite link The Next Stage in Western Escalation Fri Jan 27, 2023 20:00 | The Saker
by Batiushka for the Saker blog Introduction: The Story So Far So far the US has carried out regime changes and created military conflicts in countries friendly to or important

offsite link ?Doomsday clock?: 90 seconds to midnight Fri Jan 27, 2023 15:06 | The Saker
by Pepe Escobar for PressTV, cross posted with the author’s permission The Doomsday Clock, set by the US-based magazine Bulletin of the Atomic Scientists, has been moved to 90 seconds

offsite link Moveable Feast Cafe 2023/01/27 ? Open Thread Fri Jan 27, 2023 11:30 | cafe-uploader
2023/01/27 11:30:01Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

offsite link An update about the blog Fri Jan 27, 2023 10:00 | The Saker
Dear friends Today rather than commenting on the risks of a major war in Europe, or even the entire northern hemisphere, I want to share a few things about the

offsite link 7549 and Counting Thu Jan 26, 2023 15:36 | The Saker

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link RTE in breach of its own editorial principles Anthony

offsite link Waiting for SIPO Anthony

offsite link Formal complaint against Robert Watt Anthony

offsite link RTE bias complaint Anthony

offsite link Fergus Finlay and the maternity hospital ‘gotcha’ trap Anthony

Public Inquiry >>

Human Rights in Ireland
A Blog About Human Rights

offsite link UN human rights chief calls for priority action ahead of climate summit Sat Oct 30, 2021 17:18 | Human Rights

offsite link 5 Year Anniversary Of Kem Ley?s Death Sun Jul 11, 2021 12:34 | Human Rights

offsite link Poor Living Conditions for Migrants in Southern Italy Mon Jan 18, 2021 10:14 | Human Rights

offsite link Right to Water Mon Aug 03, 2020 19:13 | Human Rights

offsite link Human Rights Fri Mar 20, 2020 16:33 | Human Rights

Human Rights in Ireland >>

Lockdown Skeptics

The Daily Sceptic

offsite link Pro-Mask Crusader Trish Greenhalgh Plumbs New Depths of Distortion Fri Jan 27, 2023 16:30 | Dr Gary Sidley
Pro-mask crusader Prof Trish Greenhalgh recently plumbed new depths of distortion and misinformation in her mission to force humankind to hide their faces behind strips of cloth or plastic, writes Dr. Gary Sidley.
The post Pro-Mask Crusader Trish Greenhalgh Plumbs New Depths of Distortion appeared first on The Daily Sceptic.

offsite link The Pfizer Exec Story is No Hoax Fri Jan 27, 2023 14:29 | Thorsteinn Siglaugsson
Some sceptics have expressed doubts over the veracity of the blabbermouth Pfizer exec story, arguing it's staged. But that makes no sense and doesn't fit the evidence, says Thorsteinn Siglaugsson.
The post The Pfizer Exec Story is No Hoax appeared first on The Daily Sceptic.

offsite link Lockdowns Responsible for Thousands of Alcohol Deaths ? ONS Fri Jan 27, 2023 12:08 | Dr Carl Heneghan and Dr Tom Jefferson
Lockdowns were responsible for thousands of alcohol deaths, new ONS data show, as the rate rises 27% on pre-pandemic levels.
The post Lockdowns Responsible for Thousands of Alcohol Deaths ? ONS appeared first on The Daily Sceptic.

offsite link A Sensible Approach to Climate Change in the Classroom Fri Jan 27, 2023 09:00 | Anonymous
A teacher explains in the Daily Sceptic how to teach children about climate change without scaring the bejesus out of them.
The post A Sensible Approach to Climate Change in the Classroom appeared first on The Daily Sceptic.

offsite link Deaths Running 26% Above Pre-Pandemic Levels ? and the Vaccines Remain a Leading Suspect Fri Jan 27, 2023 07:00 | Will Jones
Deaths continue to run at extraordinary levels ? 26% above pre-pandemic levels this week. Some have argued that the timing rules out the vaccines being involved, but broader evidence indicates otherwise.
The post Deaths Running 26% Above Pre-Pandemic Levels ? and the Vaccines Remain a Leading Suspect appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Welcome to the downward spiral!

category international | anti-capitalism | opinion/analysis author Sunday February 24, 2013 10:52author by Luke Eastwood Report this post to the editors

Despite the continued 'green shoots' talk, recovery seems increasingly far away.

It does not take a genius or even an economist to realise that we are in fact in the depths of a major depression, which is continuing to worsen. The mainstream media, especially the USA media 90% of which is owned by just 6 corporations, continues to talk up a recovery but this is pure hyperbole that an intelligent person should be able to see through.

Peak oil pundits have suggested that the effects of hitting the plateaux would be like a car that keeps stalling each time it gets into second gear. This crude analogy seems to be entirely appropriate – attempts to kick start the western economies have short-lived and limited effects because the underlying problem of relatively high production and employment costs will not go away. This is exacerbated by the high price of oil, which itself feeds into the increasingly high prices of basic commodities such as food and minerals.

So now rather than peak oil, we might be finding ourselves in a situation of peak everything! As prices rise and debt levels too the printing of more money (quantative easing) makes the situation worse by devaluing currency, making everything even more expensive, fuelling even higher inflation and continuing to reduce the buying power of every individual’s pay packet.

Economies with cheap labour and an abundance of resources (e.g. China) have done very well due to the imbalance between their production costs and those of western economies. However, as the western powers lose their buying power and people increasingly focus on necessities instead of luxuries, they too may well be affected. With a collapse in its export market China may not have a sufficiently strong local or domestic market to continue its expansion and any fiat currency based system of commerce that is not expanding is in crisis.

So what does the future hold? Simple household economics will tell you that if you don’t have enough money to cover your costs then you have to cut your spending until it is equal to or less than your household income. Using myself as a perfect example – I have relatively well paid professional employment but I have remained on the same salary to 5 years.

In truth my static salary has led to a reduction in income, in part due to inflation but also due to rises in taxes. So in order to compensate for this reduction I have had to reduce my household spending by finding better deals (e.g. cheaper insurance), providing essentials myself (food and fuel) or by simply cutting certain items from my monthly budget.

I’d consider myself fortunate that I am able to continue with my life pretty much as normal after accepting some cutbacks and adjustments. Many millions of people are not half so fortunate. In the western economies millions of people are defaulting on their debts, losing their homes and falling into poverty. Elsewhere the situation is far worse – in Egypt for instance most families spend 80% of their income just on food!

All indications are that this depression is far from over, in fact it looks set to become increasing severe in the years ahead. This situation may be exacerbated further by the currency wars that have begun and indeed by the real proxy wars between the main rival blocks (NATO and SCO) taking place in Africa and Arabia as I write.

Given this grim outlook I would consider it wise to be prepared for the worst, although I am ever hopeful that we might escape the worst case scenarios predicted by some commentators. If you can – pay off your debts; save some money as physical cash or metals; reduce your outgoings on unnecessary expenditure; become more self-sufficient. Even if things do not turn out as bad as predicted – cutting away self-indulgence and becoming more self-reliant are positive steps towards gaining more control over your own life – something worth doing even if a financial collapse is not coming.

Luke Eastwood is a writer and horticulturist living in Ireland,

Related Link: http://www.lukeeastwood.com
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