Tuesday, November 12, 2024

The Global Jews and their Influence on Global Geopolitics

There is very little doubt that Israel has an inordinate amount of control over Washington's agenda in the Middle East with the nation being the beneficiary of hundreds of billions of dollars in various forms of aid as shown on this graphic from the Council on Foreign Relations: 


Most of this aid support's Israel's military with approximately $3.3 billion in annual funding provided as grants under the Foreign Military Financing program.  These are funds that Israel must use to purchase United States military equipment and services to maintain the Israeli qualitative military edge which allows the nation to "defeat any credible conventional military threat from any individual state or possible coalition of states or from non-state actors, while sustaining minimal damage and casualties.".  This is enshrined in Public Law 110-429 dated October 15, 2008 as shown here:

 

 

With this is mind and given their high level of influence on global and, in particular, American geopolitics, let's look at how many Jews there are in the world so that we can get a sense of how many people are controlling much of America's agenda in the Middle East.  For the purposes of this posting, I am using data available on the Jewish Virtual Library website which you can find here.

  

Here is a table showing the global Jewish population between 1880 and 2023:

 

 

If we use a global population of 8.187 billion people (most recent United Nations estimate) and rounding up the number of Jews to 17 million, people of Jewish heritage comprise a very small 0.21 percent of the world's population. 

  

Here is a table showing the nations with the highest Jewish population:

 

 

I thought that it was rather interesting to see that the United States has more Jews than even Israel, accounting for 44.5 percent of the world's total Jewish population.  If we use a United States population of 346 million and again rounding up the number of American Jews to 7.5 million, people of Jewish heritage comprise 2.2 percent of the American population.

  

Looking at Europe, there are 791,200 Jews in a total population of 445,500,000 people, making up 0.18 percent of Europe's population.  The largest number of Jews are found in France with the 440,000 French Jews making up 0.67 percent of the population.  The second largest number of Jews are found in the United Kingdom with the 312,000 Jews making up 0.46 percent of the population.

 

It is quite clear that the 17 million Jews in the world "punch well above their weight" when it comes to their influence on global geopolitical theatre, particularly when it comes to the United States political system.  In the grand scheme of demographics, the tiny fraction of the global population who identify as Jews is far outweighed by the 2.83 billion Christians, 2.04 billion Muslims, 1.2 billion Hindus and 520 million Buddhists.


Friday, November 8, 2024

Backtracking on the Cashless Society and Strengthening the Right to Pay with Cash

With the vast majority of central banks around the world researching, experimenting with or implementing a new monetary reality as shown here

 

....recent developments in Norway are quite fascinating.

 

According to Norges Bank, Norway's central bank, in 2022, only 3 percent of Norwegians used cash when making a purchase at a point of sale (i.e. a physical store) as shown here:

 

In contrast, Norway has the second highest annual use of payment cards among selected nations with an average Norwegian using a credit card or equivalent 531 times in 2022 as shown here (graph data current to 2021):

 

Rather surprisingly, this was announced by Norges Bank on its website slated to take effect on October 1, 2024:


According to the Financial Contracts Act, consumers have the option to pay with legal tender (i.e. physical bank notes and coins) as long as the amount owing is not greater than 20,000 kroner ($1850 US).

 

This is being enacted for two reasons according to Justice Minister Emilie Enger Mehl:

 

1.) as a means of providing security for those consumers who are reluctant to used digital payment solutions.

 

2.) as a means for preparing Norwegian society for emergencies such as prolonged power outages, system failures or digital attacks against payment systems.

 

Here is a quote from Ms. Mehl's press release dated August 3, 2024 when the issue was being discussed (with my bolds):

 

"The government's task is to ensure society's preparedness. Relying exclusively on digital payment solutions increases the vulnerability of society, and in certain situations this can contribute to putting important social functions out of play. Preparedness is an investment to counteract vulnerability and safeguard important functions in society and the needs of the population.


If no one pays with cash and no one accepts cash, cash will no longer be a real emergency solution once the crisis is upon us


As a society, we need an alternative if it becomes necessary, and today cash is the only alternative that is easily available if digital payment systems fail. In addition, companies also make themselves vulnerable if they do not accept cash in the event of a crisis, says Mehl."

 

I find it interesting that Norway has taken the approach that cash is a necessary "evil" to ensure the inclusiveness of all of its citizens which is rather ironic given that CBCDs are being sold to us as a panacea for those who are not in the banking system.  As well, given the vulnerability of the digital payment grid as has been revealed time and time again as shown here:

 

....at least one nation is taking the approach that going completely cash-free is one of the stupidest things that a government and central bank can do.