The coming (terrible) post-covid economic crisis ... towards war?

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The coming (terrible) post-covid economic crisis ... towards war?




by Christophe » 19/01/21, 12:38

Novethic speaks of a 3rd economic wave but it may be (and rather) the Ninth wave ... as long as we have not come out of the health crisis, it is impossible to quantify! Ditto for the economic consequences, what follows is the minimum of the minimum of what will actually happen ... since nothing is over in this health crisis (yes yes I know the pro vax say that blah blah ... but they are gourent ...)

As I have been present since spring 2020, all this will end in wars. Conflicts probably preceded by the rise of dictatorships ... this was rarely the case in the post serious economic crisis periods ...

Besides, we are currently being prepared very well for the dictatorship ...

To be continued !! : Mrgreen:

Corporate bankruptcies and layoffs: the third wave will be economic

Despite the epidemic, the wave of business failures did not happen. On the contrary, bankruptcies fell by 37% compared to last year. A paradox explained by the infusion of the French economy. A "time bomb" that will explode when state aid ends. For many experts, 2021 will be the year of the third economic wave, with a surge in layoffs.

One might believe in good news. With 7 openings of collective proceedings (safeguard, reorganization, judicial liquidation, etc.), business failures fell by 465% in France between September 37 and November 1, according to data provided by the National Council of Court Clerks (CNGTC). "Despite a crisis of unprecedented magnitude, the wave of failures has not yet taken place," notes Sophie Jonval, president of the CNGTC. But these good figures do not mean that French companies are in good health. On the contrary.

"Companies that should have filed for bankruptcy are now on a drip thanks to state aid and are kept artificially alive," says Étienne Charbonnel, lawyer specializing in bankruptcy proceedings at Vivaldi Avocat in Lille. "In our office, it is particularly calm. We do not even see an increase in preventive procedures," notes the specialist.

"An economic time bomb"

And this putting the economy on a drip is not about to stop. On January 14, upon the announcement of the curfew at 18 p.m. generalized throughout France, Bruno Le Maire decided to extend the state guaranteed loan, increase aid from catering suppliers, and continue unemployment. partial… The objective of the Minister of the Economy is to keep businesses afloat so that the recovery takes place in the best conditions when it takes place. But in times of economic crisis, the low defaults paradox could prove dangerous.

"It's an economic time bomb, the question is: when is it going to explode? Are we not moving backwards to jump better?" Asks Étienne Charbonnel. According to OFCE economist Bruno Ducoudré, business bankruptcies "will happen in 2021 and they could cause 200 job losses," he says.

Layoffs in sight

"The large groups in the sector are anticipating layoffs plans and are talking about the elimination of more than 20% of their payroll in Paris by March," said a hotel professional at Les Échos. Aeronautics, catering, automotive… the sectors most affected are following the same path. Senator LR Serge Babary estimates that 40% of bars and restaurants could definitely go out of business. Waiters, cooks, divers… so many employees who will join the ranks of the unemployed. Added to this is the end of non-renewed fixed-term contracts and the loss of self-employed activity.

Faced with this situation, for the moment contained, Pôle emploi is preparing for a surge. The institute, at the request of the government, has just recruited hundreds of advisers. Contacted by HuffPost, the CFDT Union representative at the Pôle emploi CSE evokes a loss of 600 to 000 jobs to come. In the third quarter of 700, despite the aid, the INSEE evoked an unemployment rate up 000 points with 2020 million people unemployed in France, or 1,9 new unemployed.


https://www.novethic.fr/actualite/econo ... 49410.html

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Re: The coming (terrible) post-covid economic crisis ... towards war?




by Petrus » 19/01/21, 18:56

It is clear that those who still think that there will be a return to the "world before", as the mainstream media talk about to sell vaccines, will have a big surprise!
The economic crisis was in gestation long before the health crisis, the latter served only as a trigger and in my opinion as a pretext to proceed to a controlled destruction of certain sectors of the economy condemned anyway, all in the interest of a small minority who will recover the most interesting pieces.

I can already hear some people cry out for conspiracy, but I think more of opportunism on the part of our leaders and that, we know very well that they are perfectly capable of it.
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Re: The coming (terrible) post-covid economic crisis ... towards war?




by Christophe » 20/01/21, 12:37

Nobody else ?

Ah yes there are certain truths that we prefer to ignore ... : Cheesy:
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Re: The coming (terrible) post-covid economic crisis ... towards war?




by Rajqawee » 20/01/21, 13:14

Christophe wrote:Nobody else ?

Ah yes there are certain truths that we prefer to ignore ... : Cheesy:


No, I made the choice to change region and job right in this context, knowing full well the risks that there were! I'm on a trial basis, so I'm not necessarily very reassured, but I didn't want to stop myself from living either.

I share the impression that covid is only a small trigger, rather revealing, of the fragility that was already present in our societies / economies. Whether it will end in war is also something that worries me, but collapses are rarely that rapid.
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Re: The coming (terrible) post-covid economic crisis ... towards war?




by Christophe » 20/01/21, 13:23

Medium-sized conflicts will most likely be triggered in 5 to 10 years ... according to NostraChris : Mrgreen:

Now I don't know who against whom, probably not the great powers that go head-to-head. Rather indirect localized conflicts prince kind of the Vietnam War or Afghanistan ... (yes I saw Rambo 2 and 3! : Mrgreen: )

But the world is moving so fast right now ... it could be sooner ...
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Re: The coming (terrible) post-covid economic crisis ... towards war?




by Rajqawee » 20/01/21, 13:32

Christophe wrote:Medium-sized conflicts will most likely be triggered in 5 to 10 years ... according to NostraChris : Mrgreen:

Now I don't know who against whom, probably not the great powers that go head-to-head. Rather indirect localized conflicts prince kind of the Vietnam War or Afghanistan ... (yes I saw Rambo 2 and 3! : Mrgreen: )

But the world is moving so fast right now ... it could be sooner ...


That said, I think that if there is a conflict, they will revolve more around energy conflicts (especially oil) than anything else.
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Re: The coming (terrible) post-covid economic crisis ... towards war?




by GuyGadeboisTheBack » 20/01/21, 13:35

Rajqawee wrote:That said, I think that if there is a conflict, they will revolve more around energy conflicts (especially oil) than anything else.

But this kind of conflict has never ceased since the creation of the Seven Sisters cartel (Achnacarry agreement, 1928) where the big oil companies "divided" the world.
https://www.wikiwand.com/fr/Accord_d%27Achnacarry
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Re: The coming (terrible) post-covid economic crisis ... towards war?




by ENERC » 20/01/21, 19:43

So I share Charles Sannat's vision on insolentiae.com:



The idea is that we are moving towards a kind of global governance where countries will lose their democracy and where everyone will be in the boots of the financiers.
Not hard, given that the countries will be ruined after the crisis.

To make it clear: you shut up and you work

Sign that things are moving quickly, the Davos club at the origin of this world reorganization is meeting next week. Macron is obviously present there. There will be no more war since everyone will be under guardianship.
It will be the world as described by George Orwell.
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Re: The coming (terrible) post-covid economic crisis ... towards war?




by ABC2019 » 21/01/21, 07:35

but the covid crisis was the only thing capable of really reducing CO2 emissions by 7% per year, the thing that everyone kept saying had to be done and that we had never been able to do until then!

just before, we would say everywhere that we consumed too much, that we had to stop looking at the GDP, that we had to accept to lower our consumption, that it was the business of the century, that the important thing was the climate and nothing else, that the standard of living does not matter if it is a question of the survival of humanity, that it is scandalous all these governments which speak without acting, and there poof, here it is a completely unexpected virus that comes to give us a big helping hand to achieve what we had never been able to do before, and we complain that this is not what we wanted? : Shock:
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Re: The coming (terrible) post-covid economic crisis ... towards war?




by ABC2019 » 21/01/21, 08:18

ENERC wrote:The idea is that we are moving towards a kind of global governance where countries will lose their democracy and where everyone will be in the boots of the financiers.
Not hard, given that the countries will be ruined after the crisis.

To make it clear: you shut up and you work


if I understand correctly, you would like everyone to be rich, but without working too much, and without emitting CO2?

no one can be against this program for sure, but do you really think it is possible?
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