Thank you, Representative Alexandria Ocasio-Cortez. The Green New Deal (GND) she has unveiled is most illuminating.
— Read on mises.org/wire/green-new-deal-plus-modern-monetary-theory-socialism
Hard to imagine how we could accomplish this with a 22 Trillion dollar existing federal debt. Then you add in the cost of the new green deal , can you say Zimbabwe 🇿🇼 and Venezuela? Just for two recent examples.
The Best in uncensored news, information, and analysis
— Read on www.blacklistednews.com/
The government meddling in the economy by picking winners and losers.
There is no more recent example of the many theoretically apparent pitfalls of socialism coming to life than in Venezuela. The South American nation is but the latest example on the long list of countries to have fallen victim to the siren’s song of a socialist utopia.
— Read on mises.org/wire/venezuela-poster-child-socialism
The Left Looks Backward (Again) – LewRockwell
— Read on www.lewrockwell.com/2019/02/thomas-dilorenzo/the-left-looks-backward-again/
Good read
The national debt of Japan is more than twice Britain’s proportionate to its GDP, but to service it costs less than half of the proportion of its GDP that it takes Britain to service its debt.
— Read on www.takimag.com/article/a-question-of-when-not-if/
Time to give Government debt and spending some serious thought
QUESTION: Hello Martin Armstrong, Australia seems to have one foot in the West and one in the East. With the fall of the Western economies and then the rise of Asian economies, how does that affect the Australian economy? Does the real estate bubble collapse the Aussie economies and then the rise of China creates the opportunity to rebuild the economy after 2032? Thanks for all the work you do. J ANSWER: The computer is projecting that Australia will first have to collapse with Western culture because it has become exceptionally left-wing. This is the collapse of socialism in general. We are collapsing just as communism did. It will be one Pi Cycle (31.4 years) from 1989, which brings us into this target of 2020/2021. We should expect serious political change on the horizon that will result in civil unrest. Longer-term, however, with one foot in Asia, Australia will turn from the USA and Europe. As I have said, China is MUCH WISER than what we see in the West. While Europe is fighting over old economic models and clinging to theories that no longer work, China is investigating HOW the USA displaced Europe. It did so with LOW TAXES and regulation that built the American consumer market that the entire world has been dependent upon. Germany’s economic model is still the old Mercantilist theory that national wealth is obtained by selling more stuff than you buy from others. The USA model has been internal rather than the Mercantilist external model. This is what China has realized and it is turning inward. Western society has not figured this out yet. Just look at BREXIT. The entire argument against it in Britain is that they will not be able to sell to Europe. That is really stupid and absurd. Therefore, when the socialist model collapses in Australia, there will be a natural risk of a separatist movement. Western Australia will certainly find that, economically, they are more aligned with Asia than the East coast.
— Read on www.armstrongeconomics.com/international-news/australia-oceania/australias-one-foot-in-asia-v-west/
I agree with that
Soros Is Losing – LewRockwell
— Read on www.lewrockwell.com/2019/02/thomas-luongo/soros-confirms-he-is-losing-in-europe/
People are not buying into the Marxist,Socialism, Globalist wet dream. JohnBarleycorn
The Left’s ruinous “Rainbows and Unicorns Resolution of 2019.”
— Read on patriotpost.us/alexander/61147-red-old-deal-recycled-as-green-new-deal
A product of our failed higher education system. JohnBarleycorn
This week Alexandria Ocasio-Cortez released a preliminary summary of her grand vision for a Green New Deal. Prior to its unveiling, the youngest rising star of the Democratic Party had already managed to get the support of leading members of Congress, including all of the party’s current leading Presidential candidates. Unfortunately for Ms. Ocasio-Cortez, the document was met
— Read on mises.org/power-market/aocs-green-new-deal-absolutely-absurd-thats-washington-status-quo
The theater of the absurd
Alexandria Ocasio-Cortez push for higher taxes to fund her Green New-Deal is just the tip of the iceberg. If the people who elected her really understood what she is calling for, just maybe they would come to their senses and throw her out in 2020. Her New Deal calls for the end of milk cows, no more airplanes, we all drive electric cars, and anyone not willing to work will get guaranteed income for staying home and watching TV. She is clueless to even understand the implications of what she is even talking about. The end of air travel will send the world back to the stone age. She will then realize that ships produce more CO2 than cars show she will ban those as well and the only ships will be by sail. When there is no wind, then perhaps they can use criminals to row the boats as did the Romans (see Ben Hur). Interestingly, it would stop people flying to the States to go to University. That would end the Dreamer problem. It would end the possibility of nuclear war for you could not have rockets and space travel while we are at it. CO2 probably destroys the universe by firing rockets in space. But there is no oxygen in Space. That’s the answer. Eliminate the oxygen on the planet, we eliminate all humans, and they will eliminate CO2 which plant life needs and we have the perfect world like the moon. Trump Tweeted something that was actually correct and you really have to wonder how crazy the Democrats will really be in 2020:
— Read on www.armstrongeconomics.com/world-news/climate/how-to-destroy-civilization-by-alexandria-ocasio-cortez/
The socialists are pulling the Democrats so far to the left that they will continue on as the minority party. Most Americans will never accept socialism. The leftists/globalists are trying to force it on us with open borders and free stuff for everyone from the government. JohnBarleycorn
John Barleycorn 
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