Author: Max Stucki

At the time of writing this, the negotiations to form the next Finnish government are in full swing. Currently, a red-green coalition, aided by either the liberal conservative National Coalition Party or the centrist-agrarian Center Party, seems a likely option. However, nothing is certain since the elections produced no clear winner. The three largest parties all gathered around 17% of the votes indicating a fractured electoral base.The negotiations might actually continue for some time to come.

The elections campaigns and debates were characterized by two things. First, there was much speculation regarding the popularity of the national conservative Finns Party, which changed its leadership in 2017 causing a split within the party. Second, the climate change was a major issue, which was extensively discussed and gained much visibility during the campaigning.

Both themes become understandable when considering the largely leftist-green discourse within the Finnish media. The rise of the Finns Party was feared, as its success could undermine the visions of the idealists inhabiting the larger cities, especially Helsinki and its surroundings. The climate change, on the other hand, was shamelessly utilized as a political tool to win votes of those struck by the climate anxiety.

It is telling, that the politicians were discussing with straight faces how Finland could work to stop the climate change. The notion that Finland with its puny population of 5,5 million could affect the climate in any meaningful way is demonstrably absurd, even insane. So, either the Finnish politicians have utterly lost their touch with the reality, or become mad, or are cynically lying. Given the track record of politicians in general, the last option is the likeliest one, which just proves the fact that in order to be a successful politician, one needs an utter and condescending contempt towards the voters. Otherwise the talk about the climate change remains incomprehensible. Continue reading →

AN INTERVIEW WITH FRANCESCA TOTOLO

“Never before has a criminal phenomenon enjoyed widespread international support by governments, political parties, religious and civilian organizations, popular opinion, and never before has a sovereign state renounced to exercise control over its borders.”

These opening words by Gianandrea Gaiani are a fitting introduction to Francesca Totolo’s latest book Inferno Spa. Gaiani is no stranger to the business of illegal immigration, being an author of several books on the subject. He was interviewed by Gefira in 2017 when the Italian government was then still a center-left pro-migrants coalition. Totolo has agreed to an exclusive interview for Gefira and we recently met her in Florence, where she was presenting her new book.

Francesca Totolo is a freelance investigative journalist and collaborates with a variety of Italian and international press agencies and websites. Her investigations have been published both in Italy and abroad. We could easily call Totolo a diligent – and outspoken – journalist as her new book, which she wrote with Dante’s Inferno in mind, involves just that: solid, painstaking, diligent research and fact-checking. The result is the equivalent of an encyclopedia of who’s who in the business (Spa is the Italian acronym for joint-stock company, equivalent of the German AG) of the immigrants’ industry, an industry which moves an unending flow of human beings and money.
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Two recent events. One: Ukrainian parliament passed a law imposing the use of the Ukrainian language. Two: almost concurrently Moscow introduced a law within the meaning of which residents of the Luhansk and Donetsk People’s Republics may apply for Russian citizenship.

The law on language makes it mandatory that Ukrainian be spoken in all public places, that 90% of TV output and at least 50% of printed publications be in this language. An observant reader – without further research – will have noticed that at present not even 50% of books are available in Ukrainian. To make things even funnier, the president-elect – Volodymyr Zelenskiy – is a native speaker of Russian and it was Russian which was used almost exclusively in the first season of the TV series in which he played the main role, the role which catapulted him to the presidency. Ukrainian national identity must be in deep trouble if it has to be propped up by such laws.

Imagine a similar law being passed in any of the European Union member states, a law imposing one language and ousting another. What a howl of indignation would be raised with the ready gamut of wild accusations of nationalism, Nazism and chauvinism. Yet, in the case of Ukraine, no one has raised a brow.

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You may have heard about the Japanese disease, a disease that is harrowing the developed world, a disease that sprang up in Japan and so was named accordingly. No? No wonder. It is no biological ailment like HIV or a new form of metastasis. Though, when you come to think of it it is biological after all. It is somehow biological in that people in all the richest and economically advanced countries – be it in Asia, in Europe, in North America or Australia – have long stopped multiplying. Crescite et multiplicamini is no more an option for a citizen of an affluent society. Hedonism is. Whether it is mental or economic, controlled by the powers that be or spontaneous is not the point here. The effects are palpable and that’s what matters. Economies built on debt creation have an urgent need to grow in order to pay off the debt; growth is generated by rising consumption; consumption means demand and it is humans, especially young, who stimulate demand. The young are on the decline. With every year, every decade. True, the life expectation in the developed countries is far longer than elsewhere in the world but it is not the old people who boost demand. Old people have bought what they needed and that’s basically it. Oh yes, they create one kind of demand: for medical care, but this is paid for by the whole of society.

Gefira Financial Bulletin #33 is available now

• The Japanese disease spreads around the globe
• China: The October Revolution: déjà vu?
• Expropriation – a policy of long standing

Few young people translate into small demand, which means no economic boost, hence no growth, all of which resulting in an ever growing debt. What is to be done? There are a few ways out of this trouble. Idea number one: import young people from the rest of the world. Idea number two: make the members of the middle class pay through their noses to alleviate the burden that the whole society must carry. And forge an apt and convincing ideology to make all this work in the minds of citizens. Are foreigners flooding Western Europe and the United States. Enrichment and a human obligation to help humans in distress. Negative interest rates and higher taxes? Social solidarity. Surely nobody is against such highbrow ideals?

In this Gefira issue we draw our readers’ attention to the Japanese disease mentioned above and what it entails. Effects have their causes. Once white Europeans have decided to stop having children, that’s ok, but then they must say farewell to affluent society or… or try to make up for the lost numbers the unborn scions: they must adopt the “refuse of the earth” as it is inscribed on the plinth of the Statue of Liberty. And give up on some of your accumulated riches. The West has saved a lot by not having children, and now it needs to give a lot away to provide for the ageing society and keep it alive. If crescite et multiplicamini had been given the pride of place on the list of the modern man’s priorities, he would not be in the present plight. Alas! Read more in Gefira 33

Most economists are delighted with the situation on the labour market of the world’s largest economy and hardly want to hear about the vision of a recession. They believe that the unemployment rate below 4% (which has been around for over a year) and a sustained increase in new jobs are evidence of the strength of the economy.

They also rejoice because such low unemployment was achieved with moderate household indebtedness. Economists believe that the process if maintained should continue to encourage the optimism of most consumers and encourage them to consume. Until consumers fall into the euphoria of spending (which has always been a harbinger of a crisis or recession), there are still a few quarters of consumption growth ahead of us. The increase will not result from rising salaries, as at such levels salary increases are only possible at a moderate pace, but from the rising household debt, which would be willing to take out loans in such an economic environment.
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