Greece is near a tipping point. How long until they start fire bombing the buses?
That twit speaks about "refugees from the Assad regime", which is strange because a large number of them are Africans. Like in this picture which I believe was from yesterday
https://pic8.co/sh/hHyrIB.jpeg
Also a note on "faking working age population numbers". Greece has a large number of unemployed young people, possibly the largest (per total population) in Europe. About 500.000 of them have migrated (legally) to other countries due to unemployment during the last ten years. So it's not like there is any shortage of working age population, but the corrupt politicians pretend that those illegal immigrants are "needed".
It's not just about "some", it's about "ever more", pretty much like in a ponzy if you will
And I believe we're nearing the end of that scam, not only because ever more isn't going to be just enough, also because monkeys aren't cows and a part of the so called elite has awoken to that fact. There's what's on paper there's the reality on the ground, and we're run by people who never get to see that reality, they only perceive reality through stats, numbers, reports. And everybody has a vested interest in keeping shit going, one way or another, so the complacency/hypocrisy settled in, and of course you always get that pool of clueless buyers
Population growth is responsible for the majority of GDP growth...so a downturn in population growth matters...particularly when population growth shifts from wealthy or developing nations to the poorest. I'm not describing something that may happen in the future...I'm describing what has already happened that is continuing to send progressively larger tsunamis swamping the world economy and has the central bankers doing everything and anything to try to sustain the unsustainable.
Which means, as Econimica's Chris Hamilton recently noted, the next business cycle recession will be unending and is very likely to run years into decades and perhaps a century or more. A declining population already indebted with record debt and zero interest rates will consume less...meaning overcapacity and excess inventories will never be fully cleared before the next downturn...and on and on and on.
But the absence of a growing consumer base isn't just a US issue...this is a global problem.
And when importers are shrinking, exporters have no one to export to...and on and on and on. The depopulation we are now facing is not simply a demographic issue that so many believe; the end of growth is the start of the SHTF scenario in which we now find ourselves. While this situation offers short term nirvana to investors, the economic repercussions are ultimately disastrous.
...
And so with that as background - and as noted above, a crisis that has been foreseeable on the horizon for years - it appears, based on a recently exposed United Nations report from the year 2000, that the 'new world order' envisioned a 'final solution' to this demographic dilemma of a collapsing consumer base for the west's credit-based economies...
https://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/07/16/20170723_UN_0.jpg
The problem with this cunning plan to immigrant-ize western nations to backfill the domestic demographic decline is that the immigrants - as a whole - are a drag on growth (via politically-correct benefits, extra policing, and border enforcements) as opposed to the economy-improving growth dynamos that the United Nations assumed any sentient-credit-consuming-being would be in the year 2000.
Even the world's richest man is starting to get the joke that the new world order's cunning plan is not working...
Europe will be devastated by African refugees if they don’t “make it more difficult for Africans to reach the continent,” and the solution lies in European nations committing billions of taxpayer money towards overseas aid.
According to Gates, the combination of explosive population growth in Africa combined with Europe’s notoriously generous open-border migrant welfare programs – as illustrated by the ‘German attitude to refugees’ have incentivised migrants to flood into Europe.
...
“On the one hand you want to demonstrate generosity and take in refugees, but the more generous you are, the more word gets around about this - which in turn motivates more people to leave Africa.”
While Germany has been one of the pioneers of the open door policy, it cannot “take in the huge, massive number of people who are wanting to make their way to Europe.”
Thus Gates advised European nations to take action in order to make it “more difficult for Africans to reach the continent via the current transit routes.”
–Bill Gates
(post is archived)