Tag Archive for Riots

If China can’t get Inflation up, revolution will Destroy the Chinese kleptocracy

The following is excerpted from Bronte Capital: The Macroeconomics of Chinese kleptocracy. China is a kleptocracy of a scale never seen before in human history… China has huge underlying economic growth from moving peasants into the modern economy Every economy that has moved peasants to an export-orientated manufacturing economy has had rapid economic growth… This fast…

Arab Spring Fever Turns to Bahrain

New at my site, American Tar ‘n Feathers Resistance: Arab Spring Fever Turns to Bahrain On the actionable level Bahrain is a key ingredient in petrodollar recycling and lends extensively to finance European and American debt, which were at least until recently seen as “safe havens”.  These dollars have also been invested, or malinvested into China. Middle Eastern wealth holdings comprise over $1 trillion in foreign holdings, mostly American. The logic of all these working parts is now subject to serious disruptions driven by Arab Spring and political backlash in Europe, and what I will predict will be a long hot summer globally. As elsewhere globally the Government bubble of the last couple years fueled even wider wealth divides, where the rich get richer, and the rest are blasted by inflation [Predicting Global Revolution, Riots, Disorder].    The summer crop season is looking dicey with poor planting conditions throughout the world,   setting up a perfect storm of even higher prices.  As result of the blowback, some petrodollars are being plowed back defensively into the oil exporters countries to buy off citizens and try and cool off tempers. If these conditions persist or worsen, then one more key prop to the US debt bubble will be [...]

Predicting Global Revolutions, Civil Wars and Riots

Every 10 percent increase in global food prices equates to a 100 percent increase in anti-government protests, according to a recent report from the International Monetary Fund. Looking at recent increases in foodstuff commodities — up a total of 45 percent since the arrival of QE2 last year — it’s no wonder there are revolutions, civil wars and riots breaking out across the globe. According to the IMF, a  45-percent increase in foodstuffs should quadruple the levels of unrest, and that seems to be precisely what’s happening. Recent chaos caused by food inflation and hunger is being heartwarmingly marketed by propagandists as democratization. Remember the French Revolution and “let them eat cake.” The causa proxima was food inflation. The United Nations’ Food and Agriculture Organization also offers a global hunger index that measures levels of food stress around the world. According to the index, a hunger level above 30 is considered extremely alarming, 20 to 29 is alarming and 10 to 19 is serious. The index is a moving target that hasn’t been updated since 2010, well before the 45-percent spike in foodstuffs.  Nigeria, for example, was 18 in 2010, so it would be in the high 20s today, at the upper end of the [...]