@@PeterLamin-pi6rvTrafalgar Group was many, many trillions of dollars and the Monarchy obviously took them down. They are much smallar; not so diverse. Very dangerous to the Monarchy before they were cut up.
WEF/IMF/CIA propaganda in Argentina was absolutely horrendous. They advertised IMF in TV commercials, citing Serbian deal with IMF as a great sucess. As a Serb, god forbid we ever make such deal again.
Argentinian citizens are also buying bonds. It seems Milei managed to persuade them that he's doing something good. So far. We'll see for how long, and how happy the people will be when he starts the country sellout and when the hunger kicks in. It's true that you can't save the economy like theirs without sacrifices, but it depends if he really plans to save the country or sell the bulk of it like Zelenski...
One day while he was eating a frugal dish of lentils, he was challenged by the philosopher Aristippus, who, for his part, led a golden life as he was one of the king’s courtiers. Aristippus scornfully told him, - -“See, if you learned to crawl before the king, you wouldn’t have to settle for rubbish like this vulgar dish of lentils!” Diogenes glanced at the lightning bolt and replied: “If you’d learned to make do with lentils, you wouldn’t have to crawl before the king!”
Canada is a resource rich country which is not being properly utilized for maximum benefit. It has approx 41 million people compared to countries with Billions. Under their current government they cannot even manage to keep up or handle the current rate of immigration. They do not have the proper housing or infastructure to keep up with this flow. Their own citizens are becoming 2nd rate citizens being pushed into despair and homelessness with increased rate of cost of living exspenses while they prop up the new comers. This does not sit well with the people and will not end well. They need a government not hell bend on unrealistic Net 0 target at the detriment of their country's own wealth and prosperity. This country has great potential to prosper under better management. The current government is self- sabotaging the country. You do not have to look far to figure out who they are in bed with and sabotaging themeselves for.
This is what happens when morons govern with ideologies rather than experience or education like a finance minister who has never worked in finance. It's nothing new and has been going on forever. As the old saying goes, the government you elect is the government you deserve and trudeau was elected in multiple times despite ideology because women who were questioned as to why they were voting for trudeau stated that they thought trudeau attractive....this is where a democracy is bad because even idiots are allowed to vote.
@@class2instructor32 So far wrong!! 🤣🤣🤣 How on Earth(!!) can you compare what the COMPLETE break down of a country's GOVERNMENT (!!!) to anything this VERY young country of Canada has EVER experienced!!! 🤣🤣🤣🤣 Russiaphobia runs RAMPANT(!!) in this country of such gentle people and their "peacekeepers"! 😩😩😩😭. 👃✌️🇨🇦
Thank you for this exposure of usury's damage. One rarely hears the term "usury" in the context of regular lending of money on the condition that a fee be paid by the borrower. "Usurious" is usually used to describe very high interest rates. But a few hundred years ago, "usury" was as common a word as "murder". And it was considered as serious a sin as was murder and punished severely, often by death. Even charging a 1% rate of interest was forbidden. It was in opposition to the Church of Rome's gradually toleration of the application of interest to the use of loans that Martin Luther contested the papacy. It was for the same reason that Calvin was fed up. Both men eventually acquiesced. A search shows lots of writings about usury. The best history of it that I've found is a book by Michael Hoffman titled Usury in Christendom. There's a pdf version of it.
Just a simple question. A name tag is just that. If I put your name on it, it becomes more important and personal for you. Agreed? This is nothing more than propaganda. People need to see the forest through the trees. I see global destruction coming. I'm glad I'm old, but I feel so sad for young people who will suffer.
I will be donating to you soon. You wont recognize me because the account I use is blocked from making comments - and every damn day they post a message that my comment was not acceptable = wtf Those liars for over 6 months!
As a Canadian |I can tell you, I have no idea what all that debt is financing, but it is not good public service or economic development. Canada currently, could be characterized as a high cost, low service economy. Iow, we pay a lot here, for often subpar goods and services, be it private OR public. This g20 state, in fact, is terribly mismanaged economically, and we cant lay (all) the blame on tru-duh. This trend far predates him no matter how inept his own team happens to be at economic management. One thing that occurs here over and over, is the FIRE and legal sectors extract huge sums from the people, which in turn, often requires what? Financing w interest of course. At least amerikans can point to their vast bloated MIC as a debt sinkhole. Canada is just as belligerent and warlike as their uS masters, but we have a much smaller MIC so, look to the FIRE\legal govt sectors and follow the money...... FIRE = Finance Insurance Real Estate
USA economy equal to the Chinese economy ? Chinese being the world factory and the USA being the money printing factory sounds just right , unfortunately the money printed are losing their value by the minute but the Chinese products are getting more expensive .
*The good people of Argentina has chose their President. They shud live with it for the next 5years. We must respect that and can only wish them good luck and all the best. To the rest of the world... Just be careful with what you wish for... try and remember the saying.*
Emil. You do know that gov't spending goes into GDP (kinda stupid huh?). And with Milei cutting so much of the gov't, it's obvious GDP would take a hit. But I'm not that familiar with Argentina economy being mostly commodities.
I think I said ever since the chainsaw guy’s massacre movie, that he’s about to have a huge yard sale of his Country. We’re not there yet the bankers say so expect harder, leaner times to produce everything out in the front yard at yard sale prices!
Excellent analysis, Emil. Just don't sound "b" in the word "debt". Say "det" Argentina is a basket case. The man who claims he talks to his dead dogs (who apparently speak to him in the voice of the very powerful Jewish Bullrich) says he wants to privatize more... what's left? They have privatized even water!
Obviously the banking system is to say the least, very problematic. The government should, at the very least, have its own bank. Otherwise it's amonopoly.
The Land Down Under: W. HUGHES, Premier of Australia, Saturday Evening Post, June 19, 1919 “The Montefiores have taken Australia for their own, and there is not a gold field or a sheep run from Tasmania to New South Wales that does not pay them a heavy tribute. They are the real owners of the antipodean continent. What is the good of our being a wealthy nation, if the wealth is all in the hands of German Jews?”
Those that postpone gratification take a lot for granted. 😊 (Tomorrow might not be here or it's not certain😅. It'snot a sure bet) Get paid in advance. Live like there's no tomorrow.lol😅 I could be wrong. Perhaps if Tomorrow doesn't come, it won't matter. But if it does come it will matter. And, if you're not prepared, you're fucked. So, do the right calculation!
I always wondered how is this even possible .. every country has billions or even trillions of $ debt. And each year debt levels are increasing.. what? How they ever gonna pay? Should it be super worrying? Why isn't it a sum 0 game? In a recent video.. it was about US $ & how (some) countries are walking away from $ & dollar-baril system.. My understanding was that US debt, is actually bought/ traded to other countries & own people via bonds? Has sense? And in a way, at least for last couple of years, US would basically not suffer from bad economy + over borrow, over printing $.. as whole world uses & needs $. Eventually the bad of US economy is spread all over the world
Emil, developed and efficient economies can manage their depth because their profitability is above interest rates. If your interest rate is 3% and your profit from investment is 6% it is benefitial for your economy. Also stabile and developed countries have lower interested rates then unstabile. For example interest rate for Russian people are 18% and in Europe is around 3-4%. So maybe you should search for the truth a little bit harder instead quote Sputnik. Thanks man...
Being a loyal follower of liberal economics, mr. Cosman believes in dogmas of early capitalism and that they still apply : competition, sanctity of private property, rule of law, equal opportunities, freedoms, etc., etc. He was not subjected to brutality of higher education under the communist tyranny, hence avoided the comprehensive understanding of the economy as a whole. Nevertheless, abundance of energy and passion for spreading the gospel of justice to less fortunate makes him a potential candidate for any position in any westernized country.
The real estate is in need of some rebuilding contracts in the near future. What to do with the debris? Upwind or downwind? Up stream or downstream? Smoking or no smoking?
You will never know , the world belongs to , the families of old , old agreements ,old money ,old religion and old nobles ,you do not think that these families gave up there Nobility , do you really believe that ,or did they just change there names and not there objectives or traditions,
Hello Mr. Cosman! Although your analysis about Argentina is correct based on numbers, please note that Milei has just been in office for a few months and he inherited a country with staggering government corruption and debt created during a period of 20 years of Kirschnerism. He had no choice after his inauguration to go and 'kiss the ring of the plantation owner' in order to get a respite on the debt payment. I sincerely hope that he succeeds in 'Making Argentina Great Again' BUT you may be right and only time will tell. Keep safe
Melei will be booted out if not worse 😮 he is in the right track but it will take years to sort the economy out 😮the people won’t give him the time I’m afraid 😳
Milei is a puppet of the US. He is there to put the final nails in the coffin of the Argentine economy. This ensures that they will be controlled by the collective west for decades.
Ese es un mito compadre, Pinocho llevó la economía chilena al fondo de la tablaPerú y Venezuela tenian mucho mejor PIB que Chile y el titere asesino del tata devaluó la moneda en 1985, fue hasta el regreso de la democracia que Chile crecio.
I feel sorry for the lost education people of the last 50 60 years. I was offered 🫴 a scholarship in the 1970s and said......no thank you...I'm doing my way...Navy certified..not liberalism college goofballs degrees incorporated....goodbye forever everybody
Privately owned central banks owns nations and their central governments, both red and blue governments.
Not just the banks though, it also comes down to the corporations using their fortunes to influence policy and decisions
Rothschild and one sq mile of London. The City of London. Wow Alex Jones was right. 🎉🎉
Fractional Reserves, hence debt.
Argentina will get on the right track eventually.
They will use the whorish nightmare at the hands of Pimp Milei to stop the hooker's adventurism.
@@PeterLamin-pi6rvTrafalgar Group was many, many trillions of dollars and the Monarchy obviously took them down. They are much smallar; not so diverse. Very dangerous to the Monarchy before they were cut up.
They have no intention of paying their debts back! Not just psycho Millei!😮
WEF/IMF/CIA propaganda in Argentina was absolutely horrendous.
They advertised IMF in TV commercials, citing Serbian deal with IMF as a great sucess.
As a Serb, god forbid we ever make such deal again.
Milei says that there will be no more inflation.
Stalin also had the cure for
Argentinian citizens are also buying bonds. It seems Milei managed to persuade them that he's doing something good. So far. We'll see for how long, and how happy the people will be when he starts the country sellout and when the hunger kicks in. It's true that you can't save the economy like theirs without sacrifices, but it depends if he really plans to save the country or sell the bulk of it like Zelenski...
Javier is a planted clown. Cutting spending and buying war planes from Uncle Sambo? That’s “conservative” monetary policy?
One day while he was eating a frugal dish of lentils, he was challenged by the philosopher Aristippus, who, for his part, led a golden life as he was one of the king’s courtiers.
Aristippus scornfully told him, -
-“See, if you learned to crawl before the king, you wouldn’t have to settle for rubbish like this vulgar dish of lentils!”
Diogenes glanced at the lightning bolt and replied:
“If you’d learned to make do with lentils, you wouldn’t have to crawl before the king!”
Canada is a resource rich country which is not being properly utilized for maximum benefit. It has approx 41 million people compared to countries with Billions.
Under their current government they cannot even manage to keep up or handle the current rate of immigration.
They do not have the proper housing or infastructure to keep up with this flow.
Their own citizens are becoming 2nd rate citizens being pushed into despair and homelessness with increased rate of cost of living exspenses while they prop up the new comers. This does not sit well with the people and will not end well.
They need a government not hell bend on unrealistic Net 0 target at the detriment of their country's own wealth and prosperity.
This country has great potential to prosper under better management. The current government is self- sabotaging the country.
You do not have to look far to figure out who they are in bed with and sabotaging themeselves for.
This is what happens when morons govern with ideologies rather than experience or education like a finance minister who has never worked in finance. It's nothing new and has been going on forever. As the old saying goes, the government you elect is the government you deserve and trudeau was elected in multiple times despite ideology because women who were questioned as to why they were voting for trudeau stated that they thought trudeau attractive....this is where a democracy is bad because even idiots are allowed to vote.
So is russia.
So, who are they in bed with - the Estonians?
@@class2instructor32 So far wrong!! 🤣🤣🤣 How on Earth(!!) can you compare what the COMPLETE break down of a country's GOVERNMENT (!!!) to anything this VERY young country of Canada has EVER experienced!!! 🤣🤣🤣🤣 Russiaphobia runs RAMPANT(!!) in this country of such gentle people and their "peacekeepers"! 😩😩😩😭. 👃✌️🇨🇦
@@class2instructor32 opposite!!
Thank you for this exposure of usury's damage.
One rarely hears the term "usury" in the context of regular lending of money on the condition that a fee be paid by the borrower. "Usurious" is usually used to describe very high interest rates. But a few hundred years ago, "usury" was as common a word as "murder". And it was considered as serious a sin as was murder and punished severely, often by death. Even charging a 1% rate of interest was forbidden. It was in opposition to the Church of Rome's gradually toleration of the application of interest to the use of loans that Martin Luther contested the papacy. It was for the same reason that Calvin was fed up. Both men eventually acquiesced.
A search shows lots of writings about usury. The best history of it that I've found is a book by Michael Hoffman titled Usury in Christendom. There's a pdf version of it.
Don’t cry for me Argentina 🇦🇷
Melei the Undertaker 🤥
Just a simple question. A name tag is just that. If I put your name on it, it becomes more important and personal for you. Agreed? This is nothing more than propaganda. People need to see the forest through the trees. I see global destruction coming. I'm glad I'm old, but I feel so sad for young people who will suffer.
This one was one of your best rants ever.. I just shared this with 6 of my friends and associates. Rock, rock!
Yeah, twas a great rant!
I am fat and good looking okay. Nobody I talk to really agrees but society says so.
Love your fat and slim analogy maybe because I’m part of the latter group
Milei is the flatearther of economics.............
Good reporting
I will be donating to you soon. You wont recognize me because the account I use is blocked from making comments - and every damn day they post a message that my comment was not acceptable = wtf Those liars for over 6 months!
Who? We know who. But is forbidden to name them.
O i…. V eiiii
@@Apollo-bw3hv indeed!
The Estonians
As a Canadian |I can tell you, I have no idea what all that debt is financing, but it is not good public service or economic development. Canada currently, could be characterized as a high cost, low service economy. Iow, we pay a lot here, for often subpar goods and services, be it private OR public. This g20 state, in fact, is terribly mismanaged economically, and we cant lay (all) the blame on tru-duh. This trend far predates him no matter how inept his own team happens to be at economic management. One thing that occurs here over and over, is the FIRE and legal sectors extract huge sums from the people, which in turn, often requires what? Financing w interest of course. At least amerikans can point to their vast bloated MIC as a debt sinkhole. Canada is just as belligerent and warlike as their uS masters, but we have a much smaller MIC so, look to the FIRE\legal govt sectors and follow the money......
FIRE = Finance Insurance Real Estate
USA economy equal to the Chinese economy ? Chinese being the world factory and the USA being the money printing factory sounds just right , unfortunately the money printed are losing their value by the minute but the Chinese products are getting more expensive .
To be fair China prints more money than the USA
Western "economy" takes into account virtual transactions of imaginary money and giving each other 100$ haircuts
@@djape1977 😂😂😂😂😂
@@djape1977haha
*The good people of Argentina has chose their President. They shud live with it for the next 5years. We must respect that and can only wish them good luck and all the best. To the rest of the world... Just be careful with what you wish for... try and remember the saying.*
Emil. You do know that gov't spending goes into GDP (kinda stupid huh?). And with Milei cutting so much of the gov't, it's obvious GDP would take a hit. But I'm not that familiar with Argentina economy being mostly commodities.
It would make sense for them to join BRICS and try to use their commodities boost their currency.
@@alkubbo1291 Yeah, I was surprised that Milei turned down the invitation. It does make sense to join. I'm still trying to figure Milei out.
Milei is Boris Johnson 2.0 (lowest of the low)
Debt rhymes with bet. The b is silent in debt.
he is the west's boy....
The west is hidden in a sinagoge.
Hope you’re wrong about Milei but you have really good instincts.
The Great Debate Aftermath: Fart Poachers and Celebrity Bidding Wars! - ruclips.net/video/7iD4g5HZcUw/видео.html 😆😆😆
I think I said ever since the chainsaw guy’s massacre movie, that he’s about to have a huge yard sale of his Country. We’re not there yet the bankers say so expect harder, leaner times to produce everything out in the front yard at yard sale prices!
..$ 1 billion?, explanation : Every day you take $ 100,000 dollars(and burn) , one need 27 years to use(burn) ALL!.OF IT.. so.....
I can't think of a more tragic example of missmanagement of an economy than Moldova. The country was sent through a shredder.
🇺🇸/👁️\🇷🇺
argentina is like germany,every government construction is without biding."my sisters husband will handle the +300billion$ climate change problems"
Excellent analysis, Emil.
Just don't sound "b" in the word "debt". Say "det"
Argentina is a basket case. The man who claims he talks to his dead dogs (who apparently speak to him in the voice of the very powerful Jewish Bullrich) says he wants to privatize more... what's left? They have privatized even water!
Obviously the banking system is to say the least, very problematic.
The government should, at the very least, have its own bank. Otherwise it's amonopoly.
Hahahaha, great Stallone impression. Love the way you cover things that nobody else does. Great work Emil!
GDP growth in Argetina fell 2.5 in 2023. Check your fact, ans it was manipulated as most of the growth in Kirchner time came by issuing more debt.
Jordan Peterson survived shock therapy.
I'm watching while having barbeque ribs, coleslaw and cold beer for dinner.. This Rambo inpersonation just sent my lager up and out of my big nose..xD
The Land Down Under: W. HUGHES, Premier of Australia, Saturday Evening Post, June 19, 1919 “The Montefiores have taken Australia for their own, and there is not a gold field or a sheep run from Tasmania to New South Wales that does not pay them a heavy tribute. They are the real owners of the antipodean continent. What is the good of our being a wealthy nation, if the wealth is all in the hands of German Jews?”
Those that postpone gratification take a lot for granted. 😊
(Tomorrow might not be here or it's not certain😅. It'snot a sure bet)
Get paid in advance.
Live like there's no tomorrow.lol😅
I could be wrong. Perhaps if Tomorrow doesn't come, it won't matter. But if it does come it will matter. And, if you're not prepared, you're fucked.
So, do the right calculation!
I always wondered how is this even possible .. every country has billions or even trillions of $ debt. And each year debt levels are increasing.. what?
How they ever gonna pay? Should it be super worrying?
Why isn't it a sum 0 game? In a recent video.. it was about US $ & how (some) countries are walking away from $ & dollar-baril system.. My understanding was that US debt, is actually bought/ traded to other countries & own people via bonds? Has sense? And in a way, at least for last couple of years, US would basically not suffer from bad economy + over borrow, over printing $.. as whole world uses & needs $. Eventually the bad of US economy is spread all over the world
The right keep asking for more money to the IMF each time they get to power
when the $ falls & is replaced with gold,usa is done
Emil you are best bro thanks.
Emil, developed and efficient economies can manage their depth because their profitability is above interest rates. If your interest rate is 3% and your profit from investment is 6% it is benefitial for your economy. Also stabile and developed countries have lower interested rates then unstabile. For example interest rate for Russian people are 18% and in Europe is around 3-4%. So maybe you should search for the truth a little bit harder instead quote Sputnik. Thanks man...
Being a loyal follower of liberal economics, mr. Cosman believes in dogmas of early capitalism and that they still apply : competition, sanctity of private property, rule of law, equal opportunities, freedoms, etc., etc. He was not subjected to brutality of higher education under the communist tyranny, hence avoided the comprehensive understanding of the economy as a whole. Nevertheless, abundance of energy and passion for spreading the gospel of justice to less fortunate makes him a potential candidate for any position in any westernized country.
Argentina was screwed before Melliu
The real estate is in need of some rebuilding contracts in the near future. What to do with the debris? Upwind or downwind? Up stream or downstream? Smoking or no smoking?
You will never know , the world belongs to , the families of old , old agreements ,old money ,old religion and old nobles ,you do not think that these families gave up there Nobility , do you really believe that ,or did they just change there names and not there objectives or traditions,
Debt is pronounced det (the "b" is silent)
Argentinian economist with more than two books rad argue that it is not a recesion, its a depresion.
USrael does.
Nice story and video Emil.
UAS.... the no.2 pariah after Eintia....no.1
No UAS citizens nor its toilet paper currency recognized here
Hello Mr. Cosman! Although your analysis about Argentina is correct based on numbers, please note that Milei has just been in office for a few months and he inherited a country with staggering government corruption and debt created during a period of 20 years of Kirschnerism. He had no choice after his inauguration to go and 'kiss the ring of the plantation owner' in order to get a respite on the debt payment. I sincerely hope that he succeeds in 'Making Argentina Great Again' BUT you may be right and only time will tell. Keep safe
I think he's going to try his best and no matter it's going to hurt for awhile and he said it himself to all. No one likes the bandaid ripped off
I didn't like the bootlicking he did to the chosen but you are right....he just got in office. Give him time and let him try.
Caputo asked for a 100 year loan..............
He’s a Zionist clown. He should have taken the El Salvador approach
Miley will only make things worse
We have to change the Government.
Greetings from new jersey
love your work
Melei will be booted out if not worse 😮 he is in the right track but it will take years to sort the economy out 😮the people won’t give him the time I’m afraid 😳
Going in like a chainsaw killer and privatizing everything is not the right track. That is a recipe for disaster
Milei is a puppet of the US. He is there to put the final nails in the coffin of the Argentine economy. This ensures that they will be controlled by the collective west for decades.
Chile started exactly with the same therapy under Pinochet, skyrocking within few years to the top of all south American states.
Ese es un mito compadre, Pinocho llevó la economía chilena al fondo de la tablaPerú y Venezuela tenian mucho mejor PIB que Chile y el titere asesino del tata devaluó la moneda en 1985, fue hasta el regreso de la democracia que Chile crecio.
Argentina is being destroyed at the behest of the collective west.
👻❤🦇
Yo no lo vote.
Sorry Canada 3.5 +- billions
Milei is the best what happened to Argentina. Stop blaming him for Peronism/ Kirchnerism. More Milei needed!
En tu universo paralelo el problema es el peronismo
I feel sorry for the lost education people of the last 50 60 years. I was offered 🫴 a scholarship in the 1970s and said......no thank you...I'm doing my way...Navy certified..not liberalism college goofballs degrees incorporated....goodbye forever everybody
You're a great first class actor, Emil! You could star in a remake of Count Dracula? ... Or, why not, Nosferatu!
Nothing is over
@John Rambo
Until you meet with the person incharge of this planet🪐