The current state of the financial markets and the global economy depends on one single resource that nobody, even such renowned economists as Paul Krugman or Robert J. Shiller and dissenters like Max Keiser and Jim Rickards, dares to talk about. In private discussions central bank managers told us that they were aware that none of the existing economic theories and models fit this new situation.
Yet, they do not broach it in their public speeches and lectures, preferring to deal with such topics as balance sheets and business cycles. All of which reminds one of a family visiting a terminally sick relative: everybody knows that he will never recover, and nobody whispers as much as a word about it.
All productive nations whether in East Asia or the West, have reached the peak of their 250-year-long development. Even the most devastating wars could not prevent their populations from growing in the long run. It is only now, during the many decades of peace and affluence, that the numbers of the inhabitants of the developed countries have been decreasing and the trend continues. The phenomenon has not been brought about by any famine or natural disaster but by the sheer fact that people do not want to have children.
Japan is an economic bellwether. The country refrained from mass migration and during the 2006-2016 period its population shrank by 0.5%, oil consumption dropped by 22%, car sales by 7% and GDP by 4%.
Japan is the first country to cope with the new reality and investors need to change their mindset to understand what this new reality stands for. In the past, every business cycle, recession or recovery, ended with a higher GDP and larger economy than before. In the future we will see the opposite: every business cycle will conclude with a lower GDP and a smaller economy than the previous one.
A shrinking population entails economic consequences. Oil consumption will decline, car sales will go down, and national GDP will be lower and lower. The paradox of it all is that the total economy may be shrinking, and yet people in the US, Europe and Japan will be doing better than before. Why? Because a less crowded country means less dependence on (foreign) oil, lower pollution and CO2 emissions, fewer traffic jams, more space and food abundance.
It is the financial sector that will be afflicted by the new reality, not the people. Without the support of central banks the Western financial industry will not survive a continued depopulation, a situation in which people save and spend less and less money. A buoyant economy invests in win-win deals, a stable economy is a zero-sum game, and in a depressed economy all investors lose. That is why central bankers are considering the imposition of negative interest rates. These are flashing warning signals.
Confronted with this reality, the American and European leaderships have opted for re-population. If the pace of this process remains the same, before this century is over, 50% of the Western states will be replaced with people from the Third World.
The Washington establishment began with the acceptance of unprecedented numbers of migrants from Latin America while the enlargement of the European Union made up for the lack of people, at least for the time being. As under the banner of the free movement of labour, Germany, the UK and the Netherlands got a fair share of migrants from Central Europe, this part of the continent has been deprived of its youth. For example the Polish generation in the age bracket 15-20 is 30% smaller. Now it is Ukraine’s turn to hand over its youth to Western Europe. After the 2014 revolt in Kiev the European Union was in a desperate hurry to grant Ukrainian “patriots” the right of visa-free travel, so that they could leave their allegedly beloved home country.
Demographics is quite precise, and those in power saw the coming “disaster” in advance. Peter Sutherland, a former Goldman Sachs banker, became an advocate of mass migration. In 2008 he said: “Rich countries should not try to restrict migration from poor countries, even during the economic slowdown.” Alas, migration is not about helping the poor – there are just too many of them – migration is about re-populating Europe. Migration is also about economics and finance.
All theories, all models that we know about the economy, finance and markets were developed when the European populations grew. The global economy is dependent on the industrialized world. Without Europe, the Sheikhs of Dubai would relapse into the life in tents, Africa’s population would be about 90 million instead of 1.2 billion, and today’s US would be a sparsely populated country with very few nomad tribes.
Prestigious consultancy firms have told their corporate clients that all societies are in essence the same and well on the way to becoming like Western economies. The Africans only need to change the law, and they will be as productive, diligent and efficient as people in Europe. Those pundits believe that if car sales stall in Europe, China will be the next market; if the Chinese market is flooded, we have still India, and then – probably around 2040 – the Africans will be the new customers.
We believe that the world’s economy is concentrated in East Asia and in the West, with all other economies being but satellites, and it is not going to change, at least in the foreseeable future. If the West together with Eastern Asia collapse, the rest of the world will follow suit. If the West and Eastern Asia stop being interested in African resources, the Black Continent will crumble. We remind the reader that all African countries are dependent on food imports which they finance with the exports of commodities. Africa cannot sustain its current population let alone the doubling of it within 25 years. 50% of the African youth is younger than 25.
The consultancies of Ernst and Young call these youngsters “demographic dividend”, a treasure trove for the global companies to reap. If they cannot capitalize on them in Africa, they have to bring them to Europe, as we see happening now. The current migration process which goes by the name of crisis is engineered and promoted by an influential lobby.
This article seems to concede the validity of the “overseer’s” perspective. This perspective ignores the reality of the inherent differences between races and the various ethnic groups. Western civilization is very much a product of white European people. Remove or replace the white Europeans with other groups and Western Civilization itself will be replaced with a civilization that reflects the “other than white Europeans”. Think in terms of the Middle Eastern groups, the Muslim groups, or even the Chinese groups. In the end, this article is really not all that informative as it reiterates what most of us already know – the overseers are foolish and we would all be better off if they and their oversight were removed from among us.
You are correct, of course, but those in charge are importing the third world anyway, because they will provide a short term spending boost, resulting in short term economic gains, even if their presence is a disaster in the long term. Just one more consequence of people not looking further out than the next quarter’s P/E statements. After all, how many new iphones in an African in Africa going to buy, vs an African on the dole in the west? How many boxes of Pampers will Squatamalan in Guatamala buy vs one squatting in America? Bring them to the west, hand them government money, and they will spend it. Consumption continues.
hahah the nignogs and sandniggers will kill the host and eventually die themselves
I’m against pollution, but he lost me at CO2 emissions
Me too!
This article is a load of crap! Replacing intelligent, educated, hard-working taxpayers with low-IQ, uneducated, lazy, welfare recipients is not a solution; it’s as much of a disaster as the moronic notion of perpetual growth on a planet with finite resources. The writer is either an idiot, a troll for the elite or both.
You said it all Gerold!
Taking in East Asians is one thing. We should probably have a rule that if your religion calls for beheading unbelievers, well, that’d be a “no”. I’m a bit of a stickler. Also, if you have a family history of tearing the still-beating hearts out of tens of thousands of humans in sacrifice to the gods, well, we’re going to need some evidence that you’ve sworn that off. Perhaps a couple letters of recommendation. The ability to read and write intelligibly in your own language might be good, as well as a BMI <35.
Nailed it—I have thought about writing a similar article, “The Real Reason Both Parties want Open Borders.”
An interesting experiment was done with lab rats who were given an abundance of food, housing etc and wanted for nothing. The population grew and grew for a time but then—-sudden, decimating decline as the population plummeted and family units and offspring all but ended.
Prosperity may be a disincentive for children as more and more people become self-involved, put off children for college and careers and then have maybe just one child at most. Millennials are really seeing this to a large degree ( throw in student debt and lack of physical social interaction and it is a perfect storm for population decline in the affluent west.)
The miscalculation may be that Merkel and her ilk in Europe and the pro-immigration crowds in the USA think these young third worlders are going to just go along with the plan. I don’t foresee the millions of muzzies in Europe working at cheap jobs, paying a reverse jiyzza (tax on infidels) so that the aging western peoples can retire in luxury with SSI and pensions. Far more likely that when they are the majority, they will eliminate those retirement funds ( if not the retirees themselves.)
“Economics Degrees” can be found at any mostly abandoned strip mall, shelved in veneration as “Dollar Store” commodity, usually next to the “fairy Princess” costume.
Name one “Economist”that: A) saw the intentionally mislabeled, “Financial Crisis” coming
B) has since described it as a deliberate attack- the original “Coup” attempt
Economists are the gelded “Mandarins”, forsworn to “testify” in ages-old deceit in Corruption of “Central Banking”.
The “Dollar Store” is more properly named the “Federal Reserve Store”… Line the whole outrage in front of a firing squad: corrupted courthouses, lawyers, judges, sheriffs, politicians and let US have done with mystical reverence for goddamned clowns- Economists and Bankers- that practice “double-speak” in service to a phony notion of “National Security” that launders drug money in the name of a “Dollar” that never belonged to the American People in the first place.
It is incredible that these Globalists and financial wizards are so high on their own supply. Importing Africans to Europe is the definition of insanity. Instead of telling European sluts to settle down and start having babies, they intend to replace high IQ populations with a thousand years of culture and domestication behind them with a seething gang of violent 75 IQ primitive savages, who may or may not even be of the same species – advances in DNA research has turned this last into a serious question.
This will turn out well.
Always about money for the few at the top. John
The west isn’t having babies because of the debt super cycle and THE RENT IS TOO DAMN HIGH!!
“A shrinking population entails economic consequences. Oil consumption will decline, car sales will go down, and national GDP will be lower and lower” ——- article
Seven plus billion people in the world and this ass-clown is worried about depopulation (in some countries)? Fucking buffoon of the highest order.
The above quote states nicely the problem with the current consumer-spending theory of economics …. it requires PERPETUAL (infinite) growth, which anyone with even half a brain molecule knows that such a model is absolutely impossible to maintain.
In other words, even if everyone started fucking more, and thereby spending more, —- fucking and spending; aka the Kneegrow Economic Model —- it is only kicking the can down the road. Eventually, and that time is approaching fast, you must come to a time when resources run out.
What will this ass clown then say? “Stop fucking!”? Well, the Chinese government tried to get Chinky citizens to stop fucking, and that hasn’t worked out so well.
Judicious use of the term “ass-clown”. Thank you and “Bravo”! This misguided ass-hat also describes “Max Keiser” of all people, unwilling to define the “current model”, as unsustainable. He adds: “Krugman, Shiller, Rickards… do not broach it in their public speeches and lectures…”, as they “dare” … not “talk about it”.
In a word: “Whore’s crap”.
The “Current Model” is criminal behavior and Max Keiser has been screaming that for over a decade.
He is well worth listening to and he is providing the “talk””track” in the video, below:
Max Keiser is Truthful. Putting him in the same sentence with dog filth like Klugman is misinformed, at least.
The lead-in to the “All the Plenary’s Men”, with Keiser and Titus puts the LIE to this “DNC Clown”. The DNC “Hats” are attempting a new ruse described as “MMT”; more of the same = misdirection in service to criminal Usury.
This is the problem…….just because your white papers say it doesn’t mean it’s true…..
“Prestigious consultancy firms have told their corporate clients that all societies are in essence the same and well on the way to becoming like Western economies. The Africans only need to change the law, and they will be as productive, diligent and efficient as people in Europe.”
Hmmm….the Africans becoming like the West….I guess that happens after they remove the bone from their nose and their Dick from the gourd strapped to their waist
Fucking stupid.
I would rather preserve my culture and my ethnos at a lower level than see it replaced by an alien culture and an alien people just to boost some assholes’ balance sheets for a few years. If business takes a hit as population sinks to a sustainable norm, too fucking bad for them.
Let the rest of the world die on its own and contract naturally, rather than supporting them with transfer payments and freebies.