The Turkish collapse is an argument against globalism

Because we are not Turkey. And the Turkish collapse is an argument against globalism.

Because we are not Turkey. And the Turkish collapse is an argument against globalism.

Do you know what Turkey's public debt is? Il 30% on GDP. A model country according to the dogmatics of ordoliberalism. And the public deficit? 1.5% on GDP. For the dogmatists of “We remain in the euro because we have a public debt of 130%", the very low Turkish public debt would have been a "guarantee against speculation", e “the attack of the markets”: Instead Turkey was…
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Luigi Bisignani at IL TEMPO: Matteo's secret plan

Image results for the man who whispered to the powerfulL’“man who whispers to the powerful” expresses his opinion in one of his usual Sunday letters to the editor of The weather, second newspaper of the capital. The reader will wonder why these sporadic spaces are given to those who are extremely distant from our positions in many respects. Well, after meeting him, the reason is easy to say: l’ “man who whispers to the powerful” can say things, sometimes, more interesting than others. No offense to those who don't whisper anything to anyone… On the contrary…(N.d.R.)
Of Luigi Bisignani
Dear director, Matteo Salvini, like a lion in the savannah, sniffs the air and prepares the next attack to conquer more and more territory. The first moves went better than expected and now that it has placed the immigration front at the center of the European debate, among other things, ridiculing Macron and taking Merkel's applause, can handle “from above” relations with his allies, Forza Italia and Brothers of Italy, who, in order not to be destroyed, will do everything not to turn him against each other. The Movement 5 position, weakened for a number of reasons, first of all the internal struggles between the Grillo-Di Battista-Fico group and the Di Maio-Bonafede-Casaleggio group that have been tearing it apart since they began to smell the scent of power, loses more and more consensus. With a savannah with such an arid landscape, the lion Salvini is secretly preparing his plan B: it will be taken, in one shot, those disappointed by Berlusconi, of Meloni but above all a part of that Grillino electorate who can no longer tolerate that summary justice and facade environmentalism that blocks investments and new infrastructures. Read More

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How China is taking over the world

Reporting of BastaBugie editorial team

Furthermore, in the religious field, Xi Jinping promotes the creator of the campaign that led to the removal of 1.500 crosses and the demolition of many Christian churches
and Laogai Research Foundation

(AUTOMATIC READING)
The Chinese trade balance is abundantly in surplus with all the main industrialized countries. Virtually everyone finds themselves importing much more from China than they are able to export.
This process allows China to achieve steady GDP growth (approximately of 7% anno), therefore achieving the objective set by Beijing. Basically every year, a river of money moves from the West to China. With this money Beijing is buying companies, technology and “know how” from all over the world, it is transforming into a formidable economic and military power capable of influencing world balances and redefining its rules and principles.
In the 2017 China's overall trade surplus was $ 422,5 billion.
China's surplus to the United States in 2017 was equal to $ 275,81 billion (finanza.com).
China's surplus towards Europe in 2017 was equal to € 175 billion (ilgiornale.it).
China's surplus towards Italy in 2016 was equal to € 16,18 billion (infomercatiesteri.com).
These incredible numbers explain the reasons for China's power and difficulties, often disastrous, on the western side. But given that the Chinese have not proven to be leaders in any sector related to innovation, science or technology, so let's try to understand what were the causes that led to this new reality. Read More

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Pensions, alert Ue: Fornero reform should not be touched

Pensions, alert Ue: Fornero reform should not be touchedReporting of Wall Street Italia
Of Alessandra Caparello
ROMA (WSI) – The European Union launches a new warning on the Italian social security system. In the report adopted on our country as part of the winter package of the European semester, the European Commission is betting the fates on Italy and the Fornero reform in particular indicated as untouchable.
The albeit partial changes made by Renzi governments and Gentiloni on the social security reform adopted by Italy in 2011, under the technical government led by Mario Monti, they would have in fact partially canceled the pension reforms that were made in the past with the consequence of increasing spending for the average period.

“The long-term sustainability of public debt Italian, ensured by pension reforms done in the past, It is slowly deteriorating, so much so that the European Commission's risk indicator went from low to medium (S2). Spending on pensions in relation to GDP increased by around two percentage points, as a result of the crisis and the consequent fall in nominal GDP. Italian pension spending is now the second highest in the EU and in theOECD, after the Greek one (…) The increase in implicit liabilities resulting from the aging of the population had been limited by past reforms of the pension and healthcare systems, which had improved Italy's long-term sustainability.

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