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offsite link Ukraine Buys Huge Amounts of Russian Fue... Fri Jan 20, 2023 08:34 | Antonia Kotseva

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Human Rights in Ireland
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offsite link 5 Year Anniversary Of Kem Ley?s Death Sun Jul 11, 2021 12:34 | Human Rights

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offsite link Right to Water Mon Aug 03, 2020 19:13 | Human Rights

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offsite link News Round-Up Sat Feb 04, 2023 00:34 | Will Jones
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the virus and the vaccines, the ?climate emergency? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.

offsite link 94% of Claims to the Government?s Vaccine Injury Payment Scheme Are Rejected, Many Because They Are ... Fri Feb 03, 2023 17:02 | Claire Hibbs
94% of claims to the Government's vaccine injury payment scheme are rejected, many because they are not "60% disabled". Mark Kerry, whose pre-vaccine life is gone forever, is one of them ? read his story.
The post 94% of Claims to the Government’s Vaccine Injury Payment Scheme Are Rejected, Many Because They Are Not “60% Disabled”. Mark Kerry is One of Them appeared first on The Daily Sceptic.

offsite link Vitamin D Cuts COVID-19 Risk of Death in Half, New Study Finds. So Why Isn?t it Recommended? Fri Feb 03, 2023 13:00 | Will Jones
Vitamin D cuts the risk of death from COVID-19 by 51% and the risk of ICU admission by 72%, a meta-analysis of randomised controlled trials has found. But it's still not recommended for use in the U.K. Why not?
The post Vitamin D Cuts COVID-19 Risk of Death in Half, New Study Finds. So Why Isn’t it Recommended? appeared first on The Daily Sceptic.

offsite link The Inside Story of How UsForThem Held Pfizer to Account for Misleading Parents about Covid Vaccine ... Fri Feb 03, 2023 11:00 | Ben Kingsley and Molly Kingsley
In December 2021, Pfizer CEO Albert Bourla was given the BBC's stage to promote his vaccine to children, describing it as "completely completely" beneficial. UsForThem complained that this was misleading ? and won.
The post The Inside Story of How UsForThem Held Pfizer to Account for Misleading Parents about Covid Vaccine Safety appeared first on The Daily Sceptic.

offsite link The Ministry of Climate Truth Fri Feb 03, 2023 09:00 | Chris Morrison
A company called Logically has been paid handsomely by governments to carry out 'fact checks' on off-narrative climate claims to get them discredited and their sources demonetised. But the 'fact checks' are truly dire.
The post The Ministry of Climate Truth appeared first on The Daily Sceptic.

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Voltaire Network
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offsite link EU mulls ways to censor Russian views Thu Feb 02, 2023 04:34 | en

offsite link Zelensky's sponsor and Hunter Biden fall from grace Wed Feb 01, 2023 03:30 | en

offsite link Two perceptions of the war in Ukraine, by Thierry Meyssan Tue Jan 31, 2023 07:03 | en

offsite link Pfizer modified Covid virus ahead of pandemic Mon Jan 30, 2023 13:28 | en

offsite link The Kremlin classifies its economic statistics Sun Jan 29, 2023 15:22 | en

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Welcome to the downward spiral!

category international | anti-capitalism | opinion/analysis author Sunday February 24, 2013 10:52author by Luke Eastwood Report this post to the editors

Despite the continued 'green shoots' talk, recovery seems increasingly far away.

It does not take a genius or even an economist to realise that we are in fact in the depths of a major depression, which is continuing to worsen. The mainstream media, especially the USA media 90% of which is owned by just 6 corporations, continues to talk up a recovery but this is pure hyperbole that an intelligent person should be able to see through.

Peak oil pundits have suggested that the effects of hitting the plateaux would be like a car that keeps stalling each time it gets into second gear. This crude analogy seems to be entirely appropriate – attempts to kick start the western economies have short-lived and limited effects because the underlying problem of relatively high production and employment costs will not go away. This is exacerbated by the high price of oil, which itself feeds into the increasingly high prices of basic commodities such as food and minerals.

So now rather than peak oil, we might be finding ourselves in a situation of peak everything! As prices rise and debt levels too the printing of more money (quantative easing) makes the situation worse by devaluing currency, making everything even more expensive, fuelling even higher inflation and continuing to reduce the buying power of every individual’s pay packet.

Economies with cheap labour and an abundance of resources (e.g. China) have done very well due to the imbalance between their production costs and those of western economies. However, as the western powers lose their buying power and people increasingly focus on necessities instead of luxuries, they too may well be affected. With a collapse in its export market China may not have a sufficiently strong local or domestic market to continue its expansion and any fiat currency based system of commerce that is not expanding is in crisis.

So what does the future hold? Simple household economics will tell you that if you don’t have enough money to cover your costs then you have to cut your spending until it is equal to or less than your household income. Using myself as a perfect example – I have relatively well paid professional employment but I have remained on the same salary to 5 years.

In truth my static salary has led to a reduction in income, in part due to inflation but also due to rises in taxes. So in order to compensate for this reduction I have had to reduce my household spending by finding better deals (e.g. cheaper insurance), providing essentials myself (food and fuel) or by simply cutting certain items from my monthly budget.

I’d consider myself fortunate that I am able to continue with my life pretty much as normal after accepting some cutbacks and adjustments. Many millions of people are not half so fortunate. In the western economies millions of people are defaulting on their debts, losing their homes and falling into poverty. Elsewhere the situation is far worse – in Egypt for instance most families spend 80% of their income just on food!

All indications are that this depression is far from over, in fact it looks set to become increasing severe in the years ahead. This situation may be exacerbated further by the currency wars that have begun and indeed by the real proxy wars between the main rival blocks (NATO and SCO) taking place in Africa and Arabia as I write.

Given this grim outlook I would consider it wise to be prepared for the worst, although I am ever hopeful that we might escape the worst case scenarios predicted by some commentators. If you can – pay off your debts; save some money as physical cash or metals; reduce your outgoings on unnecessary expenditure; become more self-sufficient. Even if things do not turn out as bad as predicted – cutting away self-indulgence and becoming more self-reliant are positive steps towards gaining more control over your own life – something worth doing even if a financial collapse is not coming.

Luke Eastwood is a writer and horticulturist living in Ireland,

Related Link: http://www.lukeeastwood.com
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