While the media attention is focused on the events in Ukraine and Crimea, the economic problems in Europe and America are by no means disappeared.
On the contrary, they have become worse.
Just because the war propaganda against Russia is in full swing does not say the economic crisis in the West is over.
It is a distraction from the utter bankruptcy of the Western system.
The claim that America is allegedly going well and the economy is booming, is a fairy tale. The trade deficit in February rose to a height as not in a long time.
The exports dropped and imports rose.
Therefore, the deficit has grown to USD42.3 billion, 7.7 percent higher compared to January at 39.3 billion dollars.
This means that the U.S. in February has consumed USD1.5 billion per day more from abroad than they themselves elaborates for abroad... PER DAY !
Parsifal, April 4, 2014
image top: The dangerous imbalance of this container ship symbolically shows the U.S. trade deficit
U.S. exports fell by 1.1 percent to 190.4 billion, a decrease mainly in the fields of aircraft, computers and food.
Imports rose 0.4 percent to 232.7 billion, with most of the money for cars and textiles flowed abroad.
This deficit shows the domestic economy is not booming, not producing products and services that are in demand in the world.
Conversely, American consumers preferred foreign goods.
Economic experts have reduced the growth rates of U.S. GDP for the first quarter of 2014 from 1.4 to 0.9 percent due to the large trade deficit.
Less than one percent growth is ridiculous and shows how weak America stands.
Therefore, a blind man can see the rise in share prices on Wall Street from February 1 to 5.6 percent until today is pure manipulation, has nothing to do with the real economy, is only an inflated with cheap Fed money bubble.
The shares of American companies are totally overpriced and are in no proportion to the produced income.
The casino is only kept alive through mass money printing.
It is now claimed that America is no longer so dependent on energy imports, produces more and more of its own oil and gas (by fracking) and will even soon become exporter of energy.
This assertion is spread by European, especially German politicians and the media in a big way, because they want to become 'independent' from supplies of oil and gas by the 'evil' Russia.
North America will deliver and cut in.
But if you look at the numbers there be no question the United States can only approximately self-supply, let alone will be able to supply Europe with energy.
About this, one was in 2013 completely euphoric because the petroleum exports had risen to a record high of USD137.2 billion and imports fell by 10.9 percent to USD369.4 billion.
What is supposed to be so great about these numbers ?
The United States had in 2013 still import for USD230 billion oil and gas from abroad.
The figures for February 2014 show a downward trend in both directions.
The energy exports fell by 10.2 percent to 11.1 billion, while imports also reduced by 2 percent to 31 billion likewise.
The import of crude oil fell to 19.5 billion, the lowest level since October 2010.
These figures show that the United States must still import per month for USD20 billion oil and gas, but the general decline in energy consumption is an indicator that the economy is not running.
Obviously, the USA but not even appropriate pay for the goods.
Currently (4th quarter 2013) amount the net foreign debt of the United States USD4.57 trillion.
This is a new record.
In the third quarter of 2013 the US amounted to 4.17 trillion.
A year earlier Q4 2012, the US amounted to 3.86 trillion.
This means that only from the 1st quarter of 2013 to fourth quarter of 2013, approximately 406 billion new foreign debt accrued.
Within a year, about 714 billion new external debt have been added.
What we are told, it's all wonderful and the West will produce enough oil and gas and thus make Europe by the Russians independently, also the economy runs smoothly, is pure propaganda and is reminiscent of the reports of plan fulfillment and over-fulfillment during communism.
Politicians even believe their own lies, but most of all they lie to us and use the Russia-bashing to distract from the real problems.
It should be clear the motives of the West to intercede in Ukraine and carry out a coup has nothing, absolutely nothing to do with democracy, liberation from a corrupt despot and with the happiness of Ukrainians or accord with the ‘European values’.
Ukraine is important only from the perspective of energy supply for the West.
On the one hand it is about the flow of energy to Europe, so it's about the pipelines, as always, on the other hand, to the plundering of the energy resources of the country, mainly through fracking.
The State Department and the Pentagon are only the accessories of U.S. oil corporations.
When Victoria ‘Fuck the EU’ Nuland on December 13, 2013 gave a speech the ‘Friends of Ukraine’ (‘Friends !’) in Washington and openly admitted, the State Department (Foreign Ministry) had USD5 billion invested since 1991 in the infiltration of Ukraine and separation of Russia, who was the sponsor of the event ?
It was the American oil giant Chevron !
The other usual suspects also vigorously meddle, such as Exxon and Shell, and share the cake.
It is, as always, to the plundering of another country in the interest of the U.S. economy and to geo-strategy.
It's about the encirclement of Russia and its destruction.
Everything else that is related and told the do-gooders are the usual lies, how noble and altruistic but is the West, and how evil and selfish Russia.
It has the head of the IMF, Christine Lagarde, said in an rare honest moment, Russia saved Ukraine which is facing an economic disaster.
‘The Ukrainian economy headed for a catastrophe’,
Lagarde said in an interview with the TV channel PBS.
‘Without the assistance granted Russia a few months ago, the Ukraine would have moved to nowhere’.
Ah, the evil Russians have kept Ukrainians alive ?
This does not fit into Russia-bashing.
Russia had namely late last year Ukraine, which already was threatened by bankruptcy pledged 15 billion U.S. dollars subsidy, and lowered the price of gas by one-third.
The first three billion dollars were invested in December in Ukrainian debt securities.
After the illegal coup of February in Kiev, Russia understandably interrupted the aid and cancelled the gas discount.
For me it is clear, the reason why is so rushed against Russia and the Russian gas supplies, is to make fracking acceptable to in the West.
It is screamed aloud, Europe must be independently of Putin's gas before he turns off the tap, while no one in Moscow has the intention to do that.
Europe wants to cut itself off from Russian gas.
Behind this fear-mongering and also behind the coup in Kiev is big oil.
They want to break the resistance against fracking with the fairy tales of the ‘Energy- in dependence’.
As I have pointed out above, the U.S. is totally dependent on imported energy, no trace they are self-sufficient or could Europe serve as a substitute.
How should that even work ?
Hundreds of tankers per day across the Atlantic ?
No, it comes to tenderizing the opposition to fracking.
They want including Ukraine rinse the dirt out of the ground all over Europe, until the whole of our groundwater is contaminated with chemicals.
Then the poison broth comes from the tap !
Fracking is the more or less the injecting of poison into planet earth to make her bring-up her blood because we have, of course never heard of Free Energy as an alternative...
Fracking, Fracking about everything about everything in the world !
In recent years, hundreds of shopping centers, called malls, went bankrupt in the U.S. because people have no money for shopping and impoverish.
The temples of consumption, America is so proud are in series closed and neglected.
The American Dream is over.