Global Analysis from the European Perspective. Preparing for the world of tomorrow




The myth of the beneficial influence of immigration

As Africa’s population doubles, a lot of them, whatever the circumstances, will becoming to Europe as economic migrants or as refugees. They will be coming — many of them and that is a good thing if they come into a place with an open mind and those economies are doing well because we will be senile. We will be senescent demographically. We’ll need their youthful energy to do stuff. So, that is just what the economic statistics tell you and the demographic data demands, you know…and demography is destiny.

Such a statement was made at Ireland’s Joint Committee on Foreign Affairs and Trade and Defence by Jamie Drummond, Executive Director of ONE, a pressure group “campaigning against extreme poverty and for the transformation of developing economies and the achievement of the Sustainable Development Goals” whose top members include such personages as Bono, the lead singer of U2, David Cameron, former Prime Minister of the United Kingdom, Lawrence Summers, former Secretary of the Treasury of the United States.
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All euros gravitate to Germany

The Euro has been around for almost 20 years. The Russian transfer ruble survived 25 years. The two currencies have something in common: they were and are not a success story.

The introduction of the transfer ruble was intended to enable free trade between the countries of the Eastern bloc. The creation of the common clearing system led to the exchange rates for the East German mark, zloty, forint, lev, and even the Mongolian tugrik being arbitrarily fixed by the Soviet Union, regardless of the purchasing power of the national currencies. In the 1960s, the Bulgarian lev was 20% undervalued and the Polish zloty about 45% overvalued. Since the transfer ruble was not yet convertible into Western currencies, it remained an illusion and a means by which the Soviet Union could enrich itself and save its budget at the expense of its satellite states: the Russians bought raw materials, goods, food for convertible currencies in the West and sold them to their “socialist friends” for transfer rubels. The international bank for economic cooperation, which sat in Moscow and handled all transactions in the transfer ruble, swept the real trade surpluses and deficits under the carpet. With the political change the common settlement currency came to to an end, and it turned out that the Soviet Union owed huge sums to its “brothers”. Continue reading

Le Corbusier and Spinelli destroyed the old beautiful Europe and they still do

Why are many city parts so ugly? Why was the EU inspired by communists?

The history of European post-war urbanism with its fascination with Le Corbusier shows how often the designers of our living space were alienated. The same happened to the EU politicians: they adopted the ideas of the communists, literally and uncritically. Both – the architects and the designers of our European societies – wanted to a new brave beautiful world, but they destroyed the old beautiful world and they still do.

The father of prefabricated buildings and housing estates, the Swiss architect Le Corbusier, did not really mean it badly: his buildings should be square, practical and good. You don’t see this romanticism in today’s suburbs of Paris (the No-Go-Zones) or in most of the settlements of Central and Eastern European cities. The socialist urban planners were fascinated by Le Corbusier and designed entire cities according to his ideas. Around the beautiful old towns in Poland, the Czech Republic, Bulgaria and Romania, monotonous, ugly settlements for the working class emerged, focal points for social problems. The inhabitants of the Parisian and other suburbs of Western Europe, the prefabricated housing estates, which were originally also inhabited by workers, are slowly being displaced by migrants, the unemployed and the socially unfit. They feel good there: in such an architectural structure they can distinguish themselves from the rest of society in their ghetto. There they can pay homage to their lifestyle, which is of no value to society. Continue reading

The new normal in Europe: increasing population, decreasing GDP.

Leading European politicians and economists argue that the influx of immigrants is an economic necessity. Naturalization of foreigners implemented for the purpose of executing a re-population program (resembling the Sinicization of Tibet) has become a national policy in most European countries. Replacing the dying European population with workers from Africa and the Middle East is supposed not only to save national economies and support the pension systems but also to boost economic growth. Basic economic indicators, however, show that the opposite is true.

 

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Turkey will secure its energy supply, cost it what it may

Economic problems resulting from US sanctions and the decline in the value of the Turkish lira will increase the already record high trade deficit, currently half of which is related to energy imports. In 2017 it amounted to 77 billion USD, more than twice the amount of 2016. Erdoğan is determined to create a politically dominant state. To this end he needs to ensure energy independence, which can be done through the occupation of the oil fields in Kirkuk, and the acquisition of the gas fields of Cyprus.

 

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Minister Savona: the Euro is Germany’s 1940 Reichsbank plan, Italy should withdraw!

Italy’s economic growth is decelerating, which is even more inevitable in view of the country’s population decline. It looks as if the Italian business cycle had reached its peak in 2017, with a meagre 1.5% growth rate, and is now receding. Within ten years, Italy will have business cycles with only negative highs and lows. Unemployment is at 10% and it cannot be tackled because Rome is prohibited by the European Union from following the Japanese monetary and fiscal policies to counter the financial fallout as a result of a declining population. Italian academia still believes that replacing the highly-efficient European workforce with Africans will stimulate future economic growth. Italy appears to have been deliberately flooded by Africans, while white workers from Italy are moving to Germany and the Netherlands.

 

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Can it really be? The patron saint of the European Union was a downright racist

German Chancellor Merkel as many others received two prestigious prizes that are connected with Richard Coudenhove-Kalergi and his outright insane ideas that are full of racist views. No newspaper, news program or mainstream website bothers to explain the ideas of this “great” modern thinker. We want to fill the gap and provide our readers with information about Richard Coudenhove-Kalergi’s.

There are two prestigious prizes that have currency in the European Union: the Charlemagne Prize and the European Prize. The former is awarded annually by the German City of Aachen, whereas the latter every other year by the European Society Coudenhove-Kalergi (formerly known as the Coudenhove-Kalergi Foundation), established in 1978 “by the Pan-Europa Union – six years after the death of this great European thinker”. Continue reading

Spain is a new window for African immigrants

Only a year ago, most African “refugees” came to Italy from Libya. Prime Minister Giuseppe Conte and Interior Minister Matteo Salvini in cooperation with the Libyan authorities and the Libyan coastguard took action to curb this procedure, and so Italy ceased to be the main migration route. Now Spain has become a new window for African immigrants wanting to get to Europe.

The number of immigrants reaching the Old Continent through the Iberian Peninsula is growing with every year. From the beginning of January to August 5, a total of over 59 thousand traveled to Europe by sea, of whom fewer than 19,000 went to Italy, over 16,000 to Greece, and almost 24,000 to Spain,which is more than 40% of all the so-called refugees arriving in the Old Continent.

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Gefira-Bulletin #26

The world is in a period of transition. The populations of East Asia and Europe have reached their numerical zenith, and from now on they will begin descending. With the fall of communism, China, Central Europe and Russia returned to their natural, historical positions on the world's scene. Turkey's ambition is to follow in the former Ottoman Empire's footsteps: it intends to extend its influence in the Middle East, the Balkans and Africa. Europe and the US are in the process of disintegration of their respective populations. The economic, social and political situation in Europe is tense, with people increasingly voting for anti-establishment parties. There is a deep divide among European leaders over the euro, the fiscal, monetary and immigration policy.

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The European Union's actions against Hungary and Poland will stir up resentment and increase polarisation. The Gefira team believe that Brexit is a sideshow. European economies are heading slowly for a new recession which will spark off another euro crisis. Italy, Spain and France will not be willing to reduce their public debt, and Italy will be the first to rebel against European budget rules. By 2020 it will be clear that France and Spain are also not able to fulfil their fiscal obligations.

The ECB is already warning that growth is slowing down. The rising price of oil will be the last straw that breaks the camel's back. European governments cannot print oil, and if consumers and producers have to pay more for energy, corporate profits will be negatively affected, and there will be less money for consumption. The 2008 financial crisis began when oil was about $130 a barrel, and the euro crisis in 2011 started when it was $125 a barrel, so when the price is again above $100, the next crisis is just around the corner.

While oil is abundant for the coming years, the 3 significant producers will keep the markets in short supply.

The Gefira 26 is about the oil price and why it will continue to increase. Although President Trump tweets that he wants oil prices down, his administration is pursuing a policy that is running counter to this statement. The US needs a higher oil price to shore up its shale industry. To this end President Donald Trump has had Venezuela and Iran effectively removed from the oil markets. This policy overlaps with the objectives of the Saudi rulers who need a higher oil price to cover their public expenses and prevent social upheaval. In this Gefira we explain why a higher oil price is inevitable and why we evaluate Russian oil companies more positively than their Western counterparts like Shell and Exxon Mobil. Read more subscribe:

Gefira 26 Content

Us and oil.
The oil price needs to go up.
Producers of cheap oil have to be removed from the market.
Investors have to be attracted to investing in risky and expensive energy projects.

Saudis on the brink of a precipice.
Policies to force Saudis into the workforce.
Social upheaval in the country of Muhammad.
Power structure another threat.
Only a high oil price can buy the Saudi rulers some extra time.

Recommendations.
Oil futures.
The end of big oil companies and the political risk factor.
Russian energy assets.

Gefira-Bulletin #25

Gefira #25 makes an observation that the Western world is torn by two growing antagonisms which are the United States against Europe and the old European Union against its new member states. The Old Continent's external and internal policies continue to be controlled by the leftist and (neo)liberal Brussels establishment, Frankfurt bankers and the pro-migration lobbyists that are bent on changing the face of Europe. Meanwhile Saudi Arabia's authorities are planning to restructure the national economy in recognition of the fact that crude oil will slowly lose its importance due to the demographic decline and because the world’s automotive industry will soon switch to vehicles powered by electricity. Riyadh is already building mega cities where new branches of industry will become the country’s driving force.

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Gefira #25 makes an observation that the Western world is torn by two growing antagonisms which are the United States against Europe and the old European Union against its new member states. The Old Continent's external and internal policies continue to be controlled by the leftist and (neo)liberal Brussels establishment, Frankfurt bankers and the pro-migration lobbyists that are bent on changing the face of Europe. Meanwhile Saudi Arabia's authorities are planning to restructure the national economy in recognition of the fact that crude oil will slowly lose its importance due to the demographic decline and because the world’s automotive industry will soon switch to vehicles powered by electricity. Riyadh is already building mega cities where new branches of industry will become the country’s driving force. Read more subscribe:

Gefira 25 Content

From TTIP to trade wars overnight.
Trump’s pivot shifts to Asia.
The Devil’s Alliance.
Cognitive dissonance is growing.

Saudi Vision 2030: The Saudis have given up on their own nation.
NEOM or a new fantasy country.

Recommendations.
North Korea presents a tremendous investment opportunity.
The lightest metal will shine brighter than gold.
The prospects for hydrogen are even better.

 
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