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This month on the Geneva Business Insider James and David discuss: the unfolding deflationary cycle in the commodities markets and its long-term effects; the suspiciously convenient timing of Obama’s new cybersecurity proposal; and the continuing hypocrisy of the Paris Hebdo circus.
SHOW NOTES
Iron Ore Imports by China Advance to Record as Price Collapses
Copper Carnage Continues – Bloodbath At China Open
China HSBC PMI slips, offering fresh sign of slowdown
Game Over Japan: Real Wages Crash Most In 21st Century, Savings Rate Turns Negative
BoE Governor warns deflation is now ‘possible’
Eurozone sees negative inflation of 0.2% in December
FACT SHEET: Broadband That Works
Of Course Obama Appointed a Former Telecom Lobbyist to Run the FCC
President Obama’s New Cybersecurity Proposal Is Already Facing Skepticism
Bet on them to find a solution which will look awesome on the surface yet not so great if you look in the details if deflation of other commodities start to hit. Despite loving the fact that gas prices have returned to a normal rate (at least for my area of Canada, remote regions were always supposed (by law) to have lower than major cities prices. Except right now I think the difference between 138.4 to 102.4 followed the same in the closest large city to me (Montreal) where gas was at 147.2/L and now down to 105/L or so…
Food and other materials haven’t dropped in price and I don’t think they will, it’s a way for the whole system itself to keep making some supplementary money. Of course when gas was going up everything ele was…though.
As for Nazi Charlie, not surprise Netanyahu is using that as political capital and being able to appeal to Europe easier when in cases of mass genocides on their stolen land (Europe, even Western has never been very afraid of criticizing Israel’s seemingly de facto Likud party….
If only Labour would take control there (a possibility in the next elections, so I guess that’s why he’s doing this too. But I am told the left is totally disorganized in Israel, not like in the 70’s and 80’s where it was in control. Labour was against this new Berling Wall around Gaza.
My other solution would be for surrounding arab countries, especially Egypt and Jordan to start accepting refugees (Lebanon’s too small to do that, even more so with all the Syrians there) and just naturalize all these palestinian refugees who have nowhere to go and no real country. I miss Arafat. But yes, Gaza used to belong to Egypt right? Why not have it join in Egypt and the West Bank join the East Bank (Jordan). The 2 party state solution, or even one party state solutions are an apparent failure, despite Kerry spending a whole year (where he visibly couldn’t take anymore when he abandoned, he’s got more chances of getting a deal out of Iran than from Israel and knows it).
Thanks for the comment, Simon. Exactly right, the SNB announcement came just after we recorded. Obviously it’s the biggest story in the economic world this week so I’ll be covering it in this weekend’s newsletter.
Next step will be the anti-extremism summit to be held in DC by Obama the 18th of February, the goal being to draft international laws against “anti-extremism”…
Thanks Jame for remembering that Charlie Hebdo was no longer an anti-establishment outlet nowadays, they even fired their last free-thinker cartoonist in 2008 because of alleged antisemitism (not in 2009 like the article says).
Le Canard Enchaîné mentioned by David isn’t an real alternative outlet, it’s a mix between The New Yorker & Democracy Now, at the very best.
Days after the Charlie Hebdo attack the humorist Dieudonné was arrested because of a tweet, the entire French establishment is against Dieudonné since 2004, Charlie Hebdo included (not to say in front-line). Glenn Greenwald and Jon Stewart defended him, which is absolutely unthinkable in France, many of my friends who see themselves as “alter-progressists” (while believing the 9/11 official story, voting for elections, not knowing who creates money, and believing that Dieudonné is an antisemitic ugly beast) are having headaches seeing their heros (Greenwald & Stewart) defending him, I hope it will wake them up. Yesterday the authorities tried to ban his show in Metz (without success that time) after a declaration of the Prime Minister calling for his ban in the Parliament.
For more about the Fabius-Gayssot law (for once Chomsky is being honest): https://www.youtube.com/watch?v=QRCQZUDED8g&index=10&list=PLzHtFW-mC6vGvXNqFcGU2cxa_1pieWOvh
Related videos:
– Jacob Cohen explains who is Dieudonné and how his troubles started
– What is the quenelle gesture? (misinterpreted by Greenwald).
– The establishment’s anti-Dieudonné methods from 2003 to 2013
– Zionists order the Police to sabotage Dieudonné’s show on stage in Brussels
– Jacob Cohen: how Manuel Valls (Prime Minister) declared war to Dieudonné & Soral
– How the Zionist lobby brute forced the ban of Dieudonné in 2014
– French establishment tries to catch Dieudonné as FBI catched Al Capone
– Dieudonné v.s. the new government of Manuel Valls
– European Police State muzzles the European Dissidence Congress
– Dieudonné’s lawyer saved from illegal struck off thanks to popular sousveillance
– Dieudonné: a pretext to censor the Internet?
– How Zionists launch punitive raids on French Dissidents
About the Front National, it used to be a anti-immigration and anti-zionist party during the time of Jean-Marie Le Pen (father of Marine Le Pen), since Marine is in charge it’s becoming an anti-islamic and pro-zionist party. She bends her knee to be invited to the rally, while her father states that the attack has “the signature of the secret services”. I never liked the Front National, even less now, it’s being integrated to the system.
Yes, making some ideas look bad because Jean-Marie Le Pen said it is a typical trick of French press, it’s obvious in this case. If it wasn’t someone portrayed as evil for decades like Le Pen saying this, the newspaper would never mention it!
The teacher story is weird, I agree with you that they may have altered the quote about Muslims having the right to kill. I’d doesn’t add up with the rest, and is interpretation of the text that is made by opponents to Islam or Takfirists. The most shocking part is the student recording and denounce her. Despicable.
When I say that Stewart defends Dieudonné, I mean compared to the French politically correct guidelines. No one in France would even dare to say what Stewart said, on TV, radio or newspaper. They would immediately be accused of defending Dieudonné and fear for their jobs. But sure, you are right, he doesn’t defend him, even Greenwald doesn’t really defend him aftermath. But it is enough to create some cognitive dissonance to some people, I hope it will help. I totally agree with you about Stewart, I was a big fan of him and Colbert, I attended to both shows in NYC, they are definitely gatekeepers. They flatter the ego of libertarian intellectuals to prevent them from stepping out of the matrix. They mock the system to make their public feel good (their public is smart enough to see that the system sucks, but they don’t really understand what it’s about), in order to make them feel more clever than the masses, thus keeping them inside the system. I think Colbert is more sincere than Stewart (IIRC he supports Ron Paul, he might know that the FED is a problem, unlike Chomsky!). I didn’t know the We Are Change video, shocking, but not surprising :-/
Here is the point of view of Faurisson on Charlie’s case: http://www.veteranstoday.com/2015/01/15/robert-faurisson-on-the-charlie-hebdo-debacle/ (M’Bala refers to Dieudonné). He remembers that the Fabius-Gayssot law was passed following the profanation of a Jewish cemetery in Carpentras (possibly a false flag) that had a wide psychological and emotional impact. This law was specifically designed for Faurisson.
@nosoapradio: Here is a video that just came out, Gilad Atzmon interviewing Faurisson (didn’t watch yet) http://www.dailymotion.com/video/x2e7359_gilad-atzmon-rencontre-robert-faurisson-10-juin-2014_school
BTW, do you have a twitter account?
It says something that Stewart-Leibowitz defended Dieudonné considering he is Jewish. He is certainly not a malicious person, nevermind his brother…he’s probably not very liked inside his own family, his mom (classic NY jews moms you see in movies are not so far from reality in their extreme nagging while the father takes a very removed role in the family).
I believe he’s not antisemitic, but his way to express himself is sometimes very provocative, crude, shocking, insulting or lewd that any quote of him talking about Judaism taken out of context can make it sound like antisemitic. I’ve make an Open Source documentary covering the topic (among other things): https://www.youtube.com/playlist?list=PLzHtFW-mC6vGh07g8RK7sUITTYsQYBlN0
In the 90’s Dieudonné was candidate against the Front National, but after realizing the lies of the system, and being himself portrayed as evil, he started to enter in contact with other “evil” figures or entities (Thierry Meyssan, Hezbollah & Hamas, Carlos the Jackal, Alain Soral, Ahmadinejad, Chavez, etc.) including Le Pen. They are not best friends since they entered in contact (Dieudonné asked him to be the godfather of his latest kid, we don’t know if it’s true or if it’s just to piss off the press), but they have mutual respect I guess.
@candideschmyles No I’m not the interviewer, he’s a friend of mine, can you notice the difference between French and Romanian accent? :-p The Patrick Cohen case with Dieudonné is explain in details in the documentary.