Transcripts For ALJAZ Growing Pains 20240712 : vimarsana.com

ALJAZ Growing Pains July 12, 2024

Not the pain of hers to breathe hers hers to move from side to side has to eat please im changing our lives out there if you stick together make some money make everything easier for people because its so much fun as we always did. Another night to protest against racism and Police Brutality has been held in new york state over the death of daniel proved he died after being arrested in march police put a hood over his head in pinned him to the ground a new York State Attorney general has called for a grand jury investigation. And the morals been held in the state of washington for a far right activist who was shot during protests around donaldson was gunned down during a confrontation with black lives not a protest as in Portland Oregon have been protests in portland for a 100 nights now spot the killing of george floyd in may. Elizabeth anchors a professor at George Washington university she says the protest movement has already had a huge impact on American Society the struggles have been going on for decades the struggles themselves arent new i think what we are seeing here is the way in which these protests actually have managed to change quite a few things in a short period of time on the one hand bringing in more people than ever before purchase the port they have changed the language that americans use we now hear calls for funding the Police Coming from you know dinner tables every night where that was not the case just a few months ago and weve seen changes in a lot of different localities where most of the policies about the use of the police and regulations for police there me so we have seen changes in specific locations where we havent seen our the some of the Larger National changes that people are calling for and in part thats because Donald Trumps presidency has staked itself on the claim that it is a law and order presidency by which trump generally kind of unrestrained use of the police which is where a lot of the roach from protesters are now coming into the picture there are concerns mexicos coronavirus death toll could be much higher than previously thought the government says around 122000 more people died this year compared to previous 4 year average is not yet clear how many could be linked to coverage 19. Took his president is warning greece to enter talks of a disputed Eastern Mediterranean territorial claims or face the consequences the 2 nations have been in a standoff for weeks of a competing Energy Reserves where turkeys respecting a seabed area greece claims as its own. You know they also learn turkey has the power to discard maps or documents imposed well understand that turkey has the Political Economic and military might need it to cast off immoral maps and documents imposed by others all projects and match based on faceless plots were ready to clarify this by going through what ever it takes no matter how painful it is whether its a go sheeting table or in the battlefield we the people and the government are ready for possibilities when it comes to any fronts or negotiations weve said that we are ready to share rights according to fair agreement and times. Sudans government has declared a 3 month state of emergency because of weeks of floods that have killed more than 100 people the river nile has risen to levels not seen in a century 100000 homes have been badly damaged and others destroyed since late july the u. N. Warns the situation will get worse as above average rainfall this forecast until the end of september. So those are the headlines the news continues here on aljazeera after growing pains statement and so much of by far. The view growth is something positive. Its great watching our kids grow up or seeing a tree grow. It we always aware of or growth must come to an end. Theres a limit nature knows no such thing as infinite growth this route seems to apply to every kind of growth but one Economic Growth is some. Supposed to continue indefinitely. We believe them and now there are no limits to growth and Human Progress when men and women are free to follow their dreams. And we were right. If that growth fades to materialize we panic but why. As one person recognized the 150 years ago growth is the fundamental principle of our Economic System capitalism only works when the economy grows but call marx recognize Something Else as well it is this growth that will eventually destroy the system itself. And today. Every reach that point is the system about to collapse. At infinite growth actually be possible. The governments dont want us to even question the g. Word they dont even want to put the discussion around growth if youre looking at this from the outside it an alien arriving from outer space and youre looking at the society. You would really wonder what was going all what are they doing what what is this gross that has to appear in every political sense on some is the basis of every economics textbook what is it all about is it or is it a religion that they have is the god that theyre chasing is the virus thats taken over them. What is this visceral fia that emerges as soon as growth starts to go away. And he says often one of storm kindness garnished gave a while to be defined as a dimension the of it was not a levels you didnt talk vax storm in stand us. All to god built us fax them style gets built out sucks them into finding and semen is the audience thats us fax them and what is being though is just the politics just senior to looks the most but it went up and and because if not. The d. M. Z. Politique we can come. Thats at least 2 steubenville bellowing but of a fickle. As along as mention of the planet and keep to do with mizuho the box to long in a huge how does faith in the one up in the above you just read off. Where does this unshakable belief in Economic Growth come from. Is it always been there. It is a drearily part of human nature. It was through all dangers and imaginative use of mass production methods but there was a lot there was able to perform much more time miracle to build more planes but all the United Nations put together to turn our ships at the rate of 200. 00 a month ships which carried over the years beyond might of the United States to decide the outcome of a war. The Success Story of Economic Growth began during world war 2 mass production of tanks and aircraft let the American Economy out of crisis the output of military equipment was now calculated by a new statistical measure of Gross Domestic Product or g. D. P. If production i. E. G. D. P. Grew and so did prosperity americans believed so firmly in this new formula that they compel their allies to bring they cannot make policies in line with it from then on it wasnt peoples incomes that counted it was only growth and it turned out to be such a useful measure actually for the war effort and for understanding the war effort that off towards became the single most important policy number. Across the world it kind of symbolizes progress to us sort of says while things are getting bigger so they must be Getting Better that was the birth of the g. D. P. In the 3 decades after the war the western economies grew up to 8 percent and in the u. S. They called it the golden age of capitalism in france they were the 30 glorious years in germany it was the economic miracle an anti generation enjoyed material prosperity and full employment and this became engraved in the collective consciousness even though these high growth rates were only made possible by massive water destruction the believe in growth was now unstoppable. G. D. P. Became the most important benchmark in history. That in the economy in the grace of economy was doing a good job force when when we were young if you like when as an economy as a society we were young and one of the really important things to say is that there are some societies where that is Still Necessary where you still need that growth where you still need food clothing and shelter whether very very poor undernourished People Living on less than the price of a skinny latte from the cafe downstairs and thats a thats a situation where growth makes some sense. But the idea that human beings all we want ever is more more stuff doesnt really stack up so after a certain point you have to ask yourself well how much is enough how much how much more do i need to grow the economy to satisfy human appetites. Playing the 1970s so our growth rate sink for the 1st time due to the oil crisis and other factors the boom was over the market saturated western economies stagnated millions suddenly found themselves unemployed it was uncharted territory. For the 1st time the limits of course became visible economically socially and ecologically. We do have some understanding about growth. In 1982 a group of scholars commissioned by the club of rome presented a report in washington and titled limits to growth using a computer simulation such as that mit had calculated for the 1st time what continues Economic Growth would do to the planets theyre finding set off alarm bells around the world when resource consumption is doubling every 20 years for the 1st time people were confronted with the fact they can only grow it could also have negative consequences and that the planets natural limits would soon be reached the Success Story of growth was in crisis weve reached levels of prosperity which carry the seeds of disruption and necessitate a complete relook at the whole world social political and other situation. The club of rome report sold 30000000 copies and became a global sensation. And yet soon this calls themselves came under attack their calculations ready tried as irresponsible fear mongering because its impossible to admit the end except for. The Success Story of growth must continue. Unfortunately many of us call those predictions turned out to be right and in many cases reality even surpassed the bleak predictions. As the cover for all reports was causing an International Uproar the brazilian rain 1st in the amazon basin was doing nearly untouched the huge brazilian state of much of grosso largely populated by Indigenous People consisted of forest and 70 today not much of. That is left since the mid eightys progress aided by International Investors has been eating away at the rain forest 35 football fields of forest disappear every minute its been the same story over and over again lumberjacks moving 1st thank cattle breed us and finally the starving parents. Along the last. Misquoting of one point containing as is new on the nail your. Aesthetician on what audi zome given was a shall not approach government and i. Believe school fair but as the leader of being their god but on knowing that god is following us cie intone for there is the south side as i am the ia wars are the dance of the fuzzy and the keep thing there. Were stamped their heads they are. In as good as us side is blue to cheer us both them fly plimpton the meal you meant them to mean by you. Must or numb was a loss when you see a pick your cup down must own all who are going to wash. Them are. Gap is there by god alone could possibly. Go the sestak lucias ain been a fierce would use it on you losing my. The tropical climate and there were 3. 00 to 4. 00 harvests per year and with that massive profits soy and corn for export an animal feed. Irene 163. 00 is the gateway to the amazon basin at both lumberjacks money and destruction into the forest. Today countless trucks lined the agribusiness highway transporting their valuable cargo to the international ports. They pop. An endless sea of soybean fields enormous silos and slaughter houses through one of the largest regions in the world growth rates of up to 20 percent business. And the seventys is region it was just lived by indians its just amazing forest. 3040 years just off colonization and its the most important region nagra business to country. Its the right place to make new investments to make money. d you carol a good part exported to russia china and the nordic countries. Do you think any limits know the limits of the disk i have and the limits. In response to the crisis of the seventys Economic Policy underwent a change of course new growth had to be followed no matter what the cost even if that meant only seeing the prime influences of chinas capitalist. These had been contained after world war 2 because there were hundreds possible of the Great Depression and the war itself. Monetarism was a new magic word. Among them was the idea that if you put more money into the economy liquidity it was cooled that additional money in the economy would help really best that would help give a small production that would allow us to consume more goods and we would get growth back again so this little hiatus if you like in the seventys primarily caused by the oil crisis led to a transformation in the economics of our society and in particular how we think about grace and how we think about stimulating growth i. Governments deregulated Financial Markets Banks Insurance Companies and Investment Funds going to influence and were now allowed to gamble with currencies stocks even with peoples Retirement Funds capital was let loose and the Financial Sector was flooded with my. Divorce a pact with the devil and the beginning of the slow process of south disempowerment in exchange for growth governments relinquish the power to Financial Markets but who do we mean by Financial Markets and capital and what does it all have to do with us. The Allianz Group is europes biggest insurance co glummer it and one of the biggest players in the global Financial Markets. Its been fun for 600000000 Oil Different from 400000000 leaving so say shown at 100000000 for the software c. E. O. In the lead so see shown leading via the foresaw good ones oquinn lifeless to she went on my country to so for stay in. The us some. Of figure one inch on base you think you want in box in uk to a little finzi a party for mukesh cotton and the same box to pot its a peon so buy spirit box in investments invest it to one in it will be in an in foster to investments in autobahn and when the tulio in the city take. The summer was one of the positive closed in in china therefore also a show although some kind of one of the growth. In the developed markets in europe and us. They also know knew what was driving us to be seen as we could never knock to a finance if a few of whats in it. Is if your puts and. Miss and via so can and in this t. V. Visteon acts in the movie and its at the law. As a given in the token fini gano ponding given me a in didnt try and then he can and then who will his facts to mean decent and none mukesh who will have to knock and i defend it and the chaff to his system to mislead no trick is to stop it going to push it into over the toilet i knew it was an invoice spent 9 as ish much to me id have a torn effects from the forced. Thank you sandy 6 a gothic anointed aiyana wilmas he thought he could hang. Up the sox to a chordal kiss for cost by this thank god to 6 months i thought he shot his sister could always fuck off pun. Another of millions of insured individuals ascend on its way to multiply when andre has group as a team has a rough idea to which countries and sectors the billions that flow they hire an asset manager he determines what stocks or bonds to invest and. Most of our clients are institutions what they want is they want their their money invested in the Capital Markets. Our customers expect their capital to be returned they want their money back and they want their return on that game and the moment there is another agenda. Well why im commander just 1. 2 trillion euros obvious its and in germany were managing 490000000000 euros of assets. The Financial Markets they have a social role in distributing peoples savings towards investment and that investment is usually a form of there so when you get you take out a loan for example to buy a house that line could end up in a bond and we could end up buying that phone so growth is important so that individuals and companies who borrow money in the Capital Markets can actually pay those lines back. Off of this free trade when he said friend you just. Imagine a world with 0 growth thats a world in in which pretty much everything gets frozen if you havent got a job in this new world with no growth bad luck. Youre going to have to wait for somebody to retire before maybe you get their job. A Society Without growth probably wont work at all. Not for long. It would be cherry and to collapse. Without growth societies would descend into chaos according to the financial and political elite. But is that really the case isnt it rather the blind faith in growth that leads us to chaos. In the eightys the world of finance operating from the city of london and wall street increased its influence and governments and societies and became the driving force of capitalism today Financial Markets not governments determine their wellbeing of enteric countries. How did it come to this how could Financial Markets gain such influence over our lives. One person who knows the

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