EU Green Leader Explains Climate Change and Democracy

By Eric Worrall – Re-Blogged From WUWT

According to Valentin Dupouey, head of communications for the European Greens, a pan-European federation of green parties, a major overhaul of Democracy is required to force acceptance of the economic de-growth required to address the climate crisis.

He also thinks its important to explain to China that because of climate change, “a Chinese average citizenwill never be able to reach the material lifestyle of a French minimum-wage worker.

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The Demise Of The Financial System Is Imminent

By Egon von Greyerz – Re-Blogged From Gold Eagle

“Next five years is not about winning but surviving.” This is the headline of an article I wrote in early August 2019. At that point I was primarily thinking of economic survival. But now the world is facing multiple threats and multiple failures. As I have already stated, the Coronavirus is not the cause of global market crashes but the catalyst.

But even if I have been totally certain that the world will see an economic collapse greater than any crisis for 100s of years, this is the worst catalyst that anyone could have expected. Yes, a global virus was always one of the potential risks but of all triggers, this one was certainly the most unwelcome and horrible.

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Will Brexit And Coronavirus End The EU?

By Alasdair Macleod – Re-Blogged From Gold Eagle

The EU and euro face a sudden deterioration in economic conditions due to the coronavirus, which seems certain to widen the differences between Germany and the spendthrift Mediterranean members. But a more immediate problem is the increasing likelihood that the ECB will lose control over financial asset prices, particularly those of government bonds.

In the short-term, it seems likely the euro will rise against the dollar as currency and financial distortions, principally in the fx swap market, are unwound. However, the eurozone faces a developing financial crisis comprised of the following elements: a collapse in economic activity, escalating payment failures, a drastic contraction of bank credit and a collapse in bond prices, as well as the medium used to buy them (the euro).

Eventually, Germany is could go it alone by introducing a gold-backed mark, which will only happen after the European Project is finally abandoned.

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Iran Makes Arrests Over Plane Disaster as Protests Rage on

Iran said on Tuesday it had arrested people accused of a role in shooting down a Ukrainian airliner and had also detained 30 people involved in protests that have swept the nation since the military belatedly admitted its error.

Wednesday’s shooting down of Ukraine International Airlines flight 752, killing all 176 people aboard, has led to one of the biggest public challenges to Iran’s clerical rulers since they took power in the 1979 Islamic revolution.

Protesters demonstrate in Tehran, Iran January 11, 2020 in this picture obtained from social media by Reuters via Reuters

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@realNapoleonBonaparte

He was the most famous man of his time – so much so that his name still defines his age. Born on an obscure island into humble circumstances, he rose to conquer a continent. Yet most today know little of him beyond their impression from popular caricature. His improbable story and its far-reaching consequences – both positive and negative – are the subject of this video from renowned historian and Napoleon scholar Andrew Roberts.

Please watch the VIDEO

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Furious French Protest Climate Policies, Cost of Living, Pension Reforms

By Eric Worrall – Re-Blogged From WUWT

President Emmanuel Macron. By Kremlin.ru, CC BY 4.0, Link. Image modified.

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Eastern European Nations Buy And Repatriate Gold Due To Growing Risks To Euro And Dollar

By Mark O’Byrne – Re-Blogged From Gold-Eagle
Prudent leaders in Eastern European countries are repatriating their national gold reserves and diversifying into gold due to geopolitical risks and monetary risks posed to the dollar, euro and pound

Slovakia has joined China, Russia and a host of countries buying gold or seeking to repatriate their gold from the Bank of England and the New York Federal Reserve

Queen Elizabeth tours a gold vault during a visit to the Bank of England

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