web analytics
September 2, 2015 / 18 Elul, 5775
At a Glance
Blogs
Sponsored Post


Good News From Russia

Vladimir Putin manages to tell the truth and says S-300 anti-aircraft missiles are not on the way to Syria, at least not yet.

Vladimir Putin manages to tell the truth and says S-300 anti-aircraft missiles are not on the way to Syria, at least not yet.
Photo Credit: Miriam Alster/Flash90

Watching this play out in Russia or China makes for grim theater, but it’s also playing out in the European Union, which is dealing with its own dieback by the usual methods of centralizing power and covering up the economic implosion with more fraud. Those are the preliminaries to a much uglier meltdown once the dieback properly kicks in and people start demanding to know why there’s no money and why their pensions are worthless.

America, being a backward country that was too slow in hopping on the bandwagon, isn’t hitting the worst of it yet. Despite the best efforts of a Canadian leftist magazine and some wannabe hippies, there aren’t any daily riots in the streets, and, for now, there’s enough fake money to cover the other fake money with which everyone is doing business.

The American economy is diversified enough that it can struggle on even when its financial sector is a disaster because its old growth plan was all about lending money to people who couldn’t afford to buy houses and wouldn’t be able to repay the loans, and its new growth plan is to lend money to people who can’t afford college educations and won’t be able to find jobs to repay the college loans, Its lower reliance on bribes means that Americans won’t be confronted with civil servants demanding twice as much bribe money. In a centralized system that’s what higher taxes are for.

But the dieback is still going to kick in. Our government mafia is one of the biggest in the world and getting bigger because there’s still money in the pot to finance new projects building underwater windmills in Ghana and solar food for Pakistan, but mostly office buildings everywhere, but the squeeze is already on in Rhode Island and California. And there’s only so much debt that can be assumed when the entire system is already built on debt.

A government that is incapable of controlling its consumption cannot stop gorging even when it becomes clear that it has outgrown the economy and that its food supply is endangered. Instead it speeds up its consumption, grabbing as much as it can, and through that course of gluttony triggers the very crisis that shows it to the door.

About the Author: Daniel Greenfield is an Israeli born blogger and columnist, and a Shillman Fellow at the David Horowitz Freedom Center. His work covers American, European and Israeli politics as well as the War on Terror. His writing can be found at http://sultanknish.blogspot.com/ These opinions do not necessarily reflect the opinion of The Jewish Press.

The author's opinion does not necessarily reflect the opinion of The Jewish Press.

If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

No Responses to “Good News From Russia”

Comments are closed.

Current Top Story
University of Birmingham Qur'an may be the world's oldest.
Researchers Ponder World’s Oldest Qur’an – Is It Older Than Mohammad?
Latest Blogs Stories
Seems Obama "Loved" Sderot when he was running to be Pres.

Jews & Israel will have a smaller role and value in the 2016 Pres. election campaign than in decades

obamatargetiran

No one wants war; sometimes there’s no choice. Sometimes it’s the lesser of 2 evils. US must prepare

Palestinians attack an Israeli soldier during clashes between Israeli security forces and Palestinian protesters, Aug28, 2015, in the West Bank village of Nabi Saleh near Ramallah.

Despite many IDF soldiers jailed for defending themselves, families say,”Rather jailed than dead.”

Someone should alert this man: Dani Dayan, Chairman of the Judea, Samaria and Gaza Council.

Why won’t the gov’t finally annex YESHA & Jordan Valley formalizing their status in State of Israel?

Both “Half-Shabbat” & R’ Yosef’s opinion champion an extreme. There most certainly is a happy medium

Trump’s slogan and story gives American restores hope to dream to: “Make America Great Again”

Is GDP outdated an measure of prosperity? Are there any alternative methods of assessing $ growth?

In their attack on Ban Ki Moon, Hamas admitted to committing a different war crime.

The ideal of Modern Orthodoxy should be not be viewed as a compromise the way most Charedim view it.

Israel shouldn’t rely on US; It has an awful record in protecting allies.

The Halacha of shmirat einayim (guarding one’s eyes) is incumbent on the MAN; it’s his obligation

Dem. presidential candidate Doug Shreffler talks about his campaign & its motto “as good as it gets”

I’ve decided to move away from my safety net-and I wouldn’t change that decision for anything.

Was “Jerusalem” the song Matisyahu planned to perform? It was the PERFECT response to BDS campaign

If the world’s winds of hatred bring Jews to Israel we are ready, joyfully offering them a home here

More Articles from Daniel Greenfield
U.S. Senate

Key Iran Lobby figures had been major donors to both Biden and Kerry when they were in the Senate,

Obama on Iran Deal

If the Iran deal passes, Obama’s WH becomes world’s leading financier of terrorism against Americans

We have met the enemy; He is in the White House.

After obsequious claims of devotion to Israel, Obama took to criticizing Israel on peace process

The gap isn’t between Israeli and American Jews-it’s between American Jews and the rest of the world

It’s Time for Israel to Recognize the Royal Republic of Ladonia!

Dead Yazidi children won’t inspire any protests or much in the way of outrage.

It’s because in Gaza, Hamas and the UNRWA are the same thing.

Printed from: http://www.jewishpress.com/blogs/sultan-knish/good-news-from-russia/2012/08/06/

Scan this QR code to visit this page online: