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Rumor Mill News Reading Room, Current Archive

Reader jj: "Other than the above everything he says is true! NOT!!!!!!!!!!"

Posted By: hobie
Date: Friday, 19-Aug-2016 16:31:55
www.rumormill.news/54433

In Response To: Fulford's full report: "Economic and demographic data make it clear it is game over for the Khazarian mafia" (hobie)

(Thanks, j. :)

Reader jj sees it this way:

***************************************************************************

Re: Fulford's full report: 'Economic and demog....

BRICS has been BRICSA since South Africa was admitted to the trade block in 2010. They have only 42% of the world's population not 85%, their GDP is actually 20% of total world GDP not 60%. The figures he uses for the Purchasing Power Parity or Index are not even remotely close to actual numbers. The inflation rate is not used to calculate GDP but GDP calculates the inflation or deflation rate.

The reason for the change of manufacturing jobs from 22% to 12%, (not 9% and it is rising), is the structural changes in the economy as it transitioned into the electronic age with more and more being employed sitting behind a computer screen.

The reason for the trade deficit is not loss of manufacturing but the dollar as the world's reserve currency which means the US always must have deficit as long this is in place. In addition most of this deficit is the result of importation of oil.

The US going off the gold standard did not cause the deficits and as the Director of Economics at the CFR stated recently that the whole time the US was on the standard it was an unmitigated disaster as the US could no longer afford to purchase enough gold to keep backing the ever increasing need for liquidity the economies needs to create jobs and expand.

The US also didn't have twice population as Japan at the start of WWII as Japan had 71 million people and another 30 million in living outside of Japan. The US had 131 million in 1941.

Also there is no such thing as Chinese elders or "White or Red" Dragon societies or families with huge amounts of gold. When the communists took over especially under Mao Tse-tung he confiscated all wealth from people and forced them and the intellectuals to work on farms called collectives.

Other than the above everything he says is true! NOT!!!!!!!!!!

***************************************************************************



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Articles In This Thread

Fulford's full report: "Economic and demographic data make it clear it is game over for the Khazarian mafia"
hobie -- Thursday, 18-Aug-2016 13:52:20
Reader jj: "Other than the above everything he says is true! NOT!!!!!!!!!!"
hobie -- Friday, 19-Aug-2016 16:31:55

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AN EXPLANATION OF THE FACTIONS