Trump

"As President-Elect, Trump Uses YouTube, Twitter to Cut Out the Press

So the 'Trump Channel' to replace MSM. Hurrah, we are all saved.

Good article here (taken from another thread) on Trump's propaganda techniques. As the author says "if you aren't yet worried you are brain dead":

karenzach.com/president-fraud-resistance-fighters/

I wonder why Claig is doing the work of this white supremacist millionaire for him. It's curious.

So, Trump Spunkers, did he impart which media he does approve of?

I wonder whether our bremoaner brethren are going to inform Trump that no-one will want a trade deal with the US and it'll take more than 15 years to conclude one.

Would make a great piece of telly if Channel 4 news did it. :D

Yeah, RIP to TTIP.

A poll that says equal numbers view him unfavourably as favourably.

Somewhat unusual for a president elect to say the least.

I looked a bit harder and found this:

www.politico.com/story/2016/11/donald-trump-popular-poll-231694

Spin, think that speech must have done down well. (Although it's only a poll)

Addressing the nation... via Youtube!

Look a little harder.

Kaija, as far as I can see, Rupert Murdoch that well known social philanthropist and some of his well connected brethren, are being called out. About time.

Thanks Claig, I missed that news, was too distracted by his rising approval ratings and the TTIP RIP announcement. And his Nige love in of course.

You really have no idea what is happening do you.

You'll still have the Guardian, Kaija

Get your blackshirts on everyone, we're finally suppressing the media.

Claig you really are an actual bona fide fascist, aren't you?

Political yes. Frankly I think they'll continue to use any crisis as an excuse for further integration.

Fiscally though you still won't get much of the Southern eurozone paying their taxes without thumbscrews and monetarily it looks like a perfect storm brewing.

You can't solve a debt crisis with more debt but as we've seen in the past banks fail and politicians are remarkably quick to hand over as much cash as they want.

Potentially if AfD got into power then they could take Germany out of the euro which would even up some of the imbalances but as it currently stands monetary union is a house of cards. A lot of those imbalances were contained within the payments systems though if Germany goes into recession how long before they want the money back? I don't think it was ever resolved..

Also there is immense grief in Eastern Europe at the way Germany enriches itself with their workforce, would you believe some are actually calling on France to take more of a leadership role? Last time I heard France and leadership in the same sentence was something to do with buying the least soap in Europe. And then you have the upcoming elections in France.

Bear in mind when we voted out our bonds dropped through the floor, and European ones rose considerably. That we were more credit worthy out of Europe was obvious to the markets.

So what could they do? More austerity? Don't need to be a genius to see that would cause trouble, they're just about out of the last bout. Put up taxes, capital flight as Hollande discovered when London became the second largest French city.

Purely on political survival I suspect we'll find they're strangely resilient. The Poles for instance voted a Eurosceptic party into power, only to find them turn into good Euro-peons overnight. Sound familiar? Italy being a bit politically unstable wouldn't help, but it's hardly a surprise to anyone if it does happen. Spain finally has a government, or did last time I looked! Le Pen would be a significant problem, and Wilders who has a big lead in the polls.

Even with the Italian referendum in a couple of weeks and Dutch elections in March, with France in April though it's the economics I'd be looking at.

There's lots of ways to spin things and I rather suspect they'll gang closer together in opposition to Trump, who will I think be quite preachy towards Europe.

Do the EU have any path to political survival?

I think they'll abandon NATO, hastily hash some sort of defence cooperation together and then compete with each other for who can pay the least into it. The alternative is being bullied by Trump and I don't think they can afford it politically or economically.

Doubt their banks will last the winter, especially if dollars are repatriated. One of the Italian banks has already lost 98% of it's value and is probably still overpriced.

Bad time to be raising debt, bonds aren't in fashion now so yeah, seems bad. Add in global trade contracting which will put lots of Germans out of work, perfect storm with the migrant crisis unresolved, high unemployment in the South and political instability.

After the banks fail... Ask me again in 50 years.

I think China is part of his planned ME realignment and the yuan will suffer. And EU - I am trying to remain impartial here - but I think if there is a move away from austerity politics and a return of inflation then the EU will be isolated in its QE stance but it has no choice. Markets are pointing to sub parity with $ by new year. Political climate in EU very unsettled. I think the euro will tank and I don't know what its path to recovery will be. What do you think?

Todays debt 'clock'.

www.debtclocks.eu/public-debt-and-budget-deficits-comparison-of-the-eu-member-states.html

"What are your thoughts on the euro area?"

Personally, Im still watching Greece. WIth everything else going on, Greece has taken a back seat, and the impact of bailout after bailout is going under the radar. Will Greece get further bailouts? Yep. As many as needed. Are Greeks watching world events, hopefull that the beginning of the end of the great EU/euro experiment is over? Im not Greek, but Id be keeping my fingers crossed.

What should concern us is how precarious Irelands position is also. When a third party controls a 'soveriegn' nations currency, you remove that nations ability to govern, (which is what the euro intended). Tspiras has nothing to bargain with. He is utterly impotent and we should take note.
Will Estonia, for example, support the great 'bailout' policy? This isnt just going to be Greece. What is clear, is to raise the funds needed to support these bailout packages, the 'stronger' economies, none of whom are in the black, will need to raise their debt. Failure is just around the corner IMO.