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A history of banking – Slavery by debt, laws and treaties
#16
Trump’s trade wars, Brasil, China

White house press secretary Sean Spicer explained that “right now our country’s policy is to tax exports and let imports flow freely in, which is ridiculous". Spicer was talking about a Border Adjustment Tax (BAT).
The GOP proposal allows companies to subtract the cost of labour, land and input goods, from the taxed amount. This could be either a scheme to give preferred suppliers the possibility to evade taxes or a ploy to give the USA the authority to spy on what’s happening in other countries (how else can they uphold this?): http://www.businessinsider.com/problems-...&r=US&IR=T

1 – INFLATION
Import taxes will increase the prices in the USA – this is inflation.
According to Michael Gapen, chief economist at Barclays: "We estimate that a 20% border tax could increase year-over-year rates of core inflation by 0.5-1.0 percentage points and reduce real GDP growth by 1.0-1.5 percentage points”.
As a result of inflation, we – the slaves – have to work harder to make ends meet. A fight we cannot win.
Inflation gives the banksters the right to print additional money (the percentage of the inflation); which keeps the inflation perpetual.

2 – LESS JOBS
According to Donald Trump and his ilk; lower taxes create jobs. That sounds reasonable when we hear this often enough, but this depends (more) on other factors. Now the Trump team tells us that increasing taxes will create jobs. Please don’t ask the president to explain this contradiction, this might be “too complicated”.
According to Michael Gapen a border tax would hamper sales, reduce the GDP (a recession). This means that the import tax would reduce the amount of jobs.

3 - EXPORT SUBSIDY
The effect of a 20% import tax is that countries will look for other markets to sell their products (than the USA). This could decrease the trade deficit for the USA, but we really want the third world to work for us, so we want them to export cheaply.
Following the import tax, come the export subsidies (Europe has been doing this for decades). In this way the prices for the products from the third world go down. This will force the third world to sell to the developed world for lower prices.
This crashes the economy of those poor slobs in the third world.

4 - WORLD BANK & IMF: MISSIONARIES
As a result of these schemes the third world cannot make ends meet, and then they have to beg the World Bank and IMF for help.
The mission of these wonderful banks is to preach helping the poor, when in reality they are finishing off their economy. The third world gets deeper and deeper in problems while they also get indebted by the banksters.
Then the foreign investors (the banksters) step in to buy the economy pennies for dollars, to add to their growing world domination.

5 – MONOPOLY
Higher taxes sound honest: we all have to pay equally for the great “service” of our government. But then comes the kick: all are equal, but some are more equal than others.
The elite use tax exempt NGOs, trust funds and Swiss bank accounts to evade taxes. Corporations can set up mail boxes in the Dutch Antilles or Luxembourg to flee from taxes. As a last resort they can even use their control over politrics to lower their taxes.
Because of the high taxes the small businesses simply disappear, adding to the ever growing monopoly of the elite.

6 – BILATERAL INVESTMENT TREATIES (BIT’S)
For really philanthropic reasons the developed countries suggest the third world to make Bilateral Investment Treaties (BITs) for lower tax barriers.
This gives multinational to right to sue using Investor-State Dispute Settlement (ISDS). This is arbitration where basically the World Bank decides if a corporation is hampered by some law.
As a result democratically elected parliaments can only change the legislation when allowed by the multinationals. This is: power to the... banksters.
To ensure that this is really democratic: the ISDS provisions are made in secret.

Because of the effective monopolies: the big corporations (controlled by a small group of “investors”) decide where we work, what we wear, hear, eat, drink, and what price we have to pay.
Using BITs and the ISDS the investors force countries to privatise their hospitals. So now the elite have become God: they decide everything, including life and death.


Aluminium tarrifs – Icahn in Brasil
Trump’s long-time friend and adviser, the billionaire Carl Icahn, will profit from ending those laws that prevent corporations polluting Brazil by the Bolsonaro government.
On 18 August 2017, Icahn resigned his presidential advisory post after some media claimed that he had profited from his position by pushing regulatory changes that benefited his business interests.

In 2012 Carl Icahn bought a large stake in Ferrous Resources Ltd., which mines iron in Brazil.
In 2015, Appleby’s Isle of Man offices assisted Icahn in his purchase of additional shares of Ferrous Resources to give him majority stake.

Appleby set up a complex offshore structure for Icahn to evade taxes. It utilises holding companies in tax havens — Atlantic Iron in Luxembourg and Mediterranean Iron in Malta — to control Ferrous in Brazil.
The structure of Ferrous Resources means it escapes disclosure requirements under an Obama-era law to prevent offshore tax evasion: http://archive.vn/VDFQV

The rabbit hole runs even deeper...

On 8 March 2018, President Trump signed an order to impose a 25% tariff on steel and a 10% tariff on aluminium imports in 15 days.
Gullible fools might think that this will hurt the Brazilian business interests of Carl Icahn (iron is the most important ingredient of steel)...

But then on 30 April, in a “surprising move”, President Donald gave Canada, Mexico, Australia, Argentina, South Korea, and Brazil exemption from the steel and aluminium tariffs.

There are also quotas to reduce the imports of steel and aluminium to the US.
But then in August, President Donald allowed relief from the quotas on aluminum from Argentina and on steel from South Korea, Argentina and Brazil: https://www.reuters.com/article/us-usa-t...SKCN1LF02B
archived here: http://archive.vn/zCmv8)

I had earlier found out that the Freeport McMoRan, reportedly also controlled by Carl Icahn, is massively polluting New Guinea in Indonesia: https://www.lawfulpath.com/forum/viewtop...f=7&t=1191


China trade war – Erik Prince
Isn’t it strange that with all of the media hysteria on the “trade war” with China, earlier this year the Frontier Services Group of the brother of Donald’s Secretary of education Betsy DeVos, Erik Prince (of Blackwater fame), signed a deal to build a training centre in Xinjiang in China.
According to the United Nations, in Xinjiang up to a million Uighur Muslims are held in extrajudicial mass incarceration camps.

Frontier is doing lots of business in China, and also works for Chinese companies in Africa: https://www.theguardian.com/world/2019/f...s-xinjiang
The Order of the Garter rules the world: https://www.lawfulpath.com/forum/viewtop...5549#p5549
  


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RE: A history of banking – Slavery by debt, laws and treaties - by Firestarter - 10-21-2019, 05:01 PM

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