Aussie Job MKT Not As Good As Govt. Said

[erudne]

"We Want Food": 50 Dead in Food Riots in Socialist Venezuela
June 20, 2016


Protests have spread across the country, with people chanting "We want food!"

At least 400 people were arrested in Venezuela this week, authorities said on Wednesday, as the South American nation grapples with widespread looting and riots amid a crippling economic crisis and the world's highest rate of inflation.

Looters swarmed shops in the coastal town of Cumana on Tuesday to seize food and other supplies, with security forces nearly powerless to stop them,

Hundreds have been reported arrested and at least 50 dead. The Venezuelan Socialist tyrannical regime sent in the military as cities continue to burn and crowds chant for food. It's a scene right out of the French Revolution.

Venezuelan security forces fired teargas at protesters chanting "We want food!" near Caracas' presidential palace on Thursday, the latest street violence in the crisis-hit OPEC nation.

Hundreds of angry Venezuelans heading toward Miraflores palace in downtown Caracas were met by National Guard troops and police who blocked a major road.

 

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QUOTE=cjoi;2608259]As the obituary is being written for this vast state, the awful reality is detailed in this thread...[/QUOTE]
Venezuela on Steriods
Prepare for a refugee stream




<broken link removed>

rtrixie:

grossemacabre:

rtrixie:

gop-tea-pub:

Two weeks ago California essentially legalized shoplifting and other crimes. (If you missed it:
<broken link removed> )

Now this:

SB 880: Bans common and constitutionally protected firearms that have magazine locking devices.
SB 894: Victimizes victims by criminalizing the failure to report lost and stolen firearms.
SB 1006: University of California taxpayer funding for gun control research.
B 1235: Restrictions on ammunition purchases, creates a DOJ Sdatabase of ammunition owners.
SB 1407 : Retroactively requires serial numbers to be placed on firearms dating back to 1899.
SB 1446: Confiscation of lawfully acquired, standard capacity magazines that can hold over 10 rounds.
AB 156: Formerly dealt with global warming, but is now the same as SB 1235.
AB 857: Formerly addressed greenhouse gasses, but is now the same as SB 1407.
AB 1135: Formerly centered around groundwater but is now the same as SB 880.
AB 1511: Formerly dealt with energy conservation, but now criminalizes loaning of firearms between personally known, law-abiding adults, including sportsmen and hunters.

Liberals INSIST on believing that if we just make guns illegal, that will stop illegal activity with guns.

Move. Get out of there patriots. Get the heck out of that state while the get'n is good. Because pretty soon their will be a mandatory, $15,000 move-out-of-state tax.

Holy bubblegum, not even Germany is that tyrannical about magazines.

They'll push a new round of bills like this every year or two until owning guns is effectively illegal. Get out while you can.

Holy bubblegum. It's been common knowledge that everything in CA is over-regulated, taxed to bubblegum, or banned, but I stayed there(wouldn't call it living) for a few years and found it was even more ridiculous than imagined. There is(was now) a device that requires poking the rifle with a stick to get the mag out, non-preban magazines that are(were) ok to have as long as they were always disassembled, and one gun store had a pistol grip-less Robinson M96 on the rack. Then it got even worse(mandatory long gun registration, among other things), and now that I'm finally away they've gone beyond full retard. And what's with all the formerly environmental switcheroos?

Jesus Christ

i live in a bubblegum state. pure bubblegum.

 

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Venezuela Prices Have Increased 14,000%-19,000% in 4 Years

(El Universal) The economic reality in Venezuela lacks food pricing controls since about three years ago, stated economic analyst Luis Enrique Gavazut, who based his remarks on a research conducted jointly by the Presidential Economy Watch and the National Superintendence for the Defense of Socio-economic Rights.

"This was a recent study on a number of products in 2012-2016 to observe price variations in the Metropolitan Area of Caracas. In twelve protected products and other eight that have never been regulated, the most surprising data reveal that regulated items had a 14,000% price variation while the unregulated ones, which are also monitored, recorded raises around 19,000% in those four years. For this reason, the country's major businesspersons, large industries, claim that what is happening is due to a lack of production as there are cost structures recording a delay with respect to prices. However, they are not basing their opinions on true criteria," Gavazut said.

According to what the expert regarded as "objective evidence," he recalled that this result shows that in practice control measures have been misused.

 

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As expected, Puerto Rico will default on about $2 billion in debt payments Friday, including $780 million in constitutionally-backed general obligation bonds, as governor Alejandro Garcia Padilla has issued an executive order authorizing the suspension of payments. In addition, Garcia Padilla also declared states of emergency at the island's biggest public pension - the Commonwealth's Employee Retirement System - which is more than 99% underfunded, as well as the University of Puerto Rico and other agencies Reuters reports. The default will mark the first time a US territory has failed to pay on its general obligation bonds.

"Under these circumstances, these executive orders protect the limited resources available to the agencies listed in these orders and prevents that these can be seized by creditors, leaving Puerto Ricans without basic services," Garcia Padilla's administration said in a statement.

 

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IMF Says EU on Brink of Collapse, While Euro Currency May Have to be Scrapped

THE FUTURE of euro currency and the entire EU project looks unsustainable without major change, according to a damning review by the International Monetary Fund and renowned economists. …

In the damning statement, it said the migrant crisis could even spell the end of free movement and warned that other countries in the bloc could want their own referendums following the Brexit vote.

A Nobel Prize winning economist even said that Europe may have to "abandon the euro".

The economist, Professor Christopher Pissarides, has said that the uncertainty would reduce investment and hit job creation.

 

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France is 'on the verge of a civil war' which could be sparked by a mass sexual assault on women by migrants, intelligence chief warns

• France is on the verge of 'civil war', the country's head of intelligence says
• Patrick Calvar said mass sexual assault of women by migrants may start it
• Believes situation so tense another terror attack could also spark backlash
• More than 1,000 women sexually abused in Germany on New Year's Eve

By Sam Tonkin For Mailonline
Published: 19:32 EST, 11 July 2016 | Updated: 01:12 EST, 12 July 2016

 

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Japan Cuts Forecasts as Abe Advisers Urge Coordinated Stimulus

Japan cut its forecasts for growth and inflation as two key advisers to Prime Minister Shinzo Abe urged coordinated stimulus from the government and the central bank to support the ailing economy.

Current thinking in the government is for a fiscal package of about 10 trillion yen ($96 billion), according to people familiar with the discussions. Koichi Hamada and Etsuro Honda, who helped the prime minister shape his Abenomics policies, said in separate interviews on Wednesday that any fiscal injection should be done in concert with a boost in monetary policy from the Bank of Japan, which meets later this month

 

[erudne]

Chinese Steel Mills Start to Close Following Government Orders

Steel giant Baosteel is set to cut overcapacity by more than 9 million tonnes in the next two years. It might merge with Wuhan Iron & Steel as part of industry's "restructuring". China wants drastic cuts to coal-powered heavy industry to boost new activities and limit export losses.

Beijing (AsiaNews) — Following China's decision to cut overcapacity, Baosteel Group, China's second-largest steelmaker, announced plans to cut 9.2 million tonnes of crude steel capacity.

Last month, both Baosteel and the Wuhan Steel Group had announced that they would restructure, which many observers saw as prelude to a merger.

China' record exports, often below cost, stem from a probably irreversible crisis. The latter depends not only on a domestic slowdown — which lowered consumption — but also and especially on its steel industry's abnormal development.

After years of ignoring their own warnings, now Chinese authorities want to reshape the industry. Plans to curb production capacity are increasingly detailed, with clear timetables and plans for redundant labour.

The State-Owned Assets Supervision and Administration Commission on Friday said that China's government-run steel and coal firms (like Baosteel and Wuhan) would cut capacity by about 10 per cent in the next two years, and by 15 per cent by 2020.

The authorities also ordered cutbacks at Tangshan steel plants (Hebei) for environmental reasons.