English: Ben Bernanke leaving the 2008 Bilderberg Conference (Photo credit: Wikipedia)

OECD Infographics are a telling way to see what the effects of austerity have been just as Dr Alf points out.

The trends are clear enough as well but we cannot put it all down to austerity which was a policy response to Europe’s and America’s malaise and to conditions which preceded the theft of taxpayer funds from the banks by those in ultimate control.

For years the West has existed on borrowed time and borrowed money and through the Club of Rome and The Bilderberg movement came up with the ideas of Globalisation and Climate Change.

This led to the outsourcing boom and off-shoring boom to India, the rise of China as the workshop of the World in the Pearl River Delta and a massive shift of wealth eastwards.

The remaining jobs here in the UK and Europe are, and have been, under threat from technology, lower productivity and the technological advance of China which the Bilderbergers (All of Europe’s leaders, the Prime Minister, George Osborne, Ed Balls, Kenneth Clarke, Heseltine, Miliband, President Obama, Hillary and Bill Clinton, Bill Gates etc., etc. thought would take place in 20 years, but in fact, took just four, and before the engineered banking collapse by a margin of two years.

The Chinese have been busy building shareholdings in Western companies, buying them outright and buying up mineral rights and land on which to grow food in Brazil, Argentina and Cambodia.

Rightly, they fear Global Cooling, which is what the planet has been experiencing since 1996 (See the IPCC Report).

The banking collapse and the austerity designed to fix the damage has compounded a situation which had already started to unravel years before and Green taxes simply add to the damage by making it harder for the West to compete and export effectively.

As for the OECD‘s graphs and trends, they are worse than depicted because true levels of unemployment is understated and, if there is too much immigration from Eastern Europe, I predict Balkanisation, violence and a breakdown of law and order.

John Gelmini

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