Few songs capture the power of branding, commercial manipulation and consumer yearning like Janis Joplin’s Mercedes Benz.
With her opening lines “Oh Lord won’t you buy me a Mercedes Benz”, Joplin sums up the “arms race” nature of modern consumerism whereby one purchase, in this case her friends buying Porsches, has to be cancelled out by her getting a Mercedes-Benz.
Shopping détente is maintained by mutually assured consumption. As in the cold war, where each new Nato warhead had to be matched by a Soviet one, in a consumerist society, each person’s purchase throws the gauntlet down for the next person to match or exceed it, leading to an escalating inferno of debt, unwanted trophies and positional angst where enough is never enough.
As Joplin noted in the 1970s, nothing symbolised you had arrived quite like a Merc, kicking off a chain reaction goading the next arriviste to go one better.
As a boy I remember marvelling at the powerful girth of the Mercedes saloon. No one on our road possessed such a thing.
However, I did have a relation, who made and lost a quid or two.
When his various tills began to ring, the first thing he bought was a Merc, signalling that here was a man of wealth and taste. Few things betokened success quite like the sight of the iconic, three-pronged Mercedes star adorning your radiator grill.
The Merc wasn’t merely symbolic; it was hugely expensive. In 1973, the year Ireland joined the EEC, a new Mercedes set you back more than the average new house.
If you find this hard to believe, let me take you back to a wonderful article on prestige cars in this paper from February 13th, 1973, entitled, the “The executive car from A to Z”.
“M is for Mercedes, beloved of ministers and boardroom bosses. Mercedes-Benz cars are very, very expensive, but they do well here, and the market share is well over 1 per cent. The 230 Automatic, which is the transport for ministers and parliamentary secretaries, is a mere £4,210. For the business barons there is the 280 model at £5,250.”
A cool £4,210 for a standard Merc might not sound like a lot, until you compare it with the price of houses at the time.
Okay let me fess up now – this article is not about Janis Joplin, The Rolling Stones or indeed The Clash (but if you have spotted references to these bands, then at least you are not asleep!).
It is about the ridiculous rise in house prices in Ireland relative to other prices, resulting in a crazy situation where, in a land of builders, people can’t afford houses.
Let’s examine these relative price moves.
Taking The Irish Times property section in the same week of 1973, we can see the price of houses in upmarket areas of Dublin and Cork. A four-bed in Beech Park Avenue, Foxrock, cost £12,500.
In Dalkey, on Saval Park Road, a bungalow would have set you back £13,000. Another four-bed, semi-D in Dalkey was on the market for £9,000. A four-bed in salubrious Greystones was asking £13,500. In Cork, a Victorian home on the Blackrock Road was seeking £4,000.
When expressed in Merc terms, we see that the Merc cost £4,250, which is more than the property in Cork. On average, two and a bit Mercs cost the same as a family home in suburban south Dublin, Ross O’Carroll-Kellyland.
Now look at today’s prices, and factor in some euro conversions.
In 2019, a standard Mercedes-Benz E220d AMG-Line estate retails at €55,420. This means the price of the Merc has gone up about 10 times since 1973, which seems like quite a bit until you examine what has happened to house prices over the same period.
This week, a house which cost £12,250 in 1973 on Beech Park Drive in Foxrock is asking €760,000. If we priced houses in Mercs rather than euro we see an extraordinary relative increase in the price of Irish houses relative to the most enduring symbol of German engineering.
In the 1970s, the ratio of Mercs to houses was about three to one. Today it is 14 to one. In real terms, whereas Mercs have increased in price by about 10 times, house prices have gone up by almost 50 times.
Houses similar to those 1973 homes are on sale today but, in Merc terms, they are massively overvalued. For example, 17 Wyvern, Killiney Road, Dalkey, a four-bed bungalow is asking €775,000 (or 14 Mercs). St Judes, 25 Corrig Road, Dalkey, at €850,000 is 15.5 Mercs. Number 1 Olney Grove, Terenure, another four-bed semi-D will set you back 15 Mercs.
So, the relative price of Irish houses has gone up by multiples of the price of that most-desired of cars. It’s not that the Merc has become any less coveted than it was when Janis Joplin yearned for one. It is still a premium car and one at the upper end of the price scale.
The difference is that the Merc is a traded good, sold in the competitive international market, where its price is determined by competitive international forces.
The Irish housing market, on the other hand, is stitched-up, protected by ludicrously restrictive planning laws, interfered with to the point of madness and bloated by a generation or two of credit, resulting in a hoarders’ charter which enables land owners to sit on land without penalty and simply watch their wealth accumulate.
This illiquid wealth can be made liquid without having to sell, because the banks accept land, and almost exclusively land, as collateral – rendering the illiquid liquid. This is how the wealthy get really wealthy.
Egregiously too, this liquidity includes the savings of a desperate generation locked out of the market by the very high prices that make the idle hoarders rich in the first place.
Janis Joplin introduced her song Mercedes Benz with the words, “I’d like to do a song of great social and political importance”. Once again, this brilliant young woman not known for mincing her words hit the nail on the head.
Reminds me of when the German Ambassador to Ireland got into hot water for slagging the Irish off in 2007 for their new cars, mickey mouse money and nutty property prices: https://www.irishtimes.com/news/disquiet-over-german-ambassador-s-remarks-1.962513 Same old, same old…
A lot has happened to Ireland since 1973 that has made it a more desirable place to live, work and retire. Membership of the EU, educated workforce, English speaking, exports of culture and pop culture, demise of catholic church influence, decrease in levels of perceived corruption etc….. While a lot of the rest of the world has gotten shittier, mildly improved or stagnated, Ireland seems to have steadily moved forward from a third world country to a first hence the diversion in asset prices…..also property can appreciate/depreciate while most mercs will only go one way.
The cost of producing a Merc today is only a fraction of what it was in 1973. Semi-automated assembly has drastically reduced the labour content in car production while house building is still a very labour intensive activity. Recently visited the Audi plant in Germany where on average it takes only 16 workers with the help of robots to produce a car in two working days. If they are each paid 1,000 euros per week, the labour content is only 6,400 euros. You would expect that the labour content in building a house would be at least 14 times that… Read more »
Nothing new David.
“The demise of manufactured goods against property”
Equally Saudi Oil extracted at $10 sold for $55 / barrel. Demand and Supply.
Restrictive supply increases (demand supply price)
And,- … The I.S.I.S. Times cost how much [ in equivalent Euro ] back in 1973 ? . I.S.I.S. = Institutional State of the Irish State . PARAPHRASING A SHORT PARAGRAPH OF DAVID’s ABOVE ; How similar is this scenario per the Licensed Media in the Irish State ? . e.g. . The Irish Newspaper market is : . stitched-up ? . protected by ludicrously restrictive licensing laws ? . interfered with to the point of madness ? . bloated by a generation or two of credit ? . Result ; A Freemasons’ Charter which enables the Older-Elite WITH the… Read more »
It’s a good article, but I must point out it contradicts many of your previous articles, that state the Property Market is buoyed by imbalances in supply and demand and that there is no credit excess pushing up prices this time! “This illiquid wealth can be made liquid without having to sell, because the banks accept land, and almost exclusively land, as collateral – rendering the illiquid liquid. This is how the wealthy get really wealthy.” One key context in looking at price in any market is how much volume is being traded as a market moves aggressively in one… Read more »
A new Dublin three home that cost 2k in 1950 when the mean net wage was seven pounds a week now costs 900 k.Aodhan O Riordain who campaigns tirelessly for limitless immigration recently opposed new housing developments that would of brought one thousand new units to the market. Why leave water ? logged ? football pitches go to waste? If sterling falls any further retail in the southern border counties will become extinct. Dublin is already ten ? per cent more expensive than London.You can buy a fourteen hundred square foot house in New York for 350$k. No wonder half… Read more »
Rents are a joke.Three grand a month to rent a four bedroom house in Dublin. Two hundred a week to share a boxroom. Lol.
Maybe those tribal people in that island in the indian ocean have the right idea. Live in a wattle mud hut, or animal skin tent, zero building costs, no loans no mortgage, no credit cards, no dept, no car repairs costs, no DOE or NCT costs, no fuel, tax, insurance costs, no toll bridges, no commuting, no time pressures, no fashion clothes, just a few hydes. No expensive liar politions. No expensive indoctrination mass medias. No jumping out of bed before sunruse, sleep deprived going to slave in a stressful madhouse under the thumb of an aragont critical boss who… Read more »
How about “The Rothschild Index” ? Although ewes cannot take it with ewes to the grave ; But,- that wealth just keep COMPOUND-INTERESTS … it does so it does ; And,- the Debt continues to be payable regardless if all that multiple-surname dynasty dies simultaneously. Well,- it certainly COMPOUND-INTERESTS for their monopoly in Private Central Banking, & their major role in purchasing Bonds from Countries, & Companies, & also their Commercial Banking international operations. Not to mind all their other business interests. . I still unsure though how the Rothschilds can profit DIRECTLY from Fractional Reserve Banking of any banks… Read more »
The 280 seen here is roughly 10 times what it cost in 1979. https://www.mercedes-benz.com/en/ats_vehicle/mercedes-benz-w-126-280-se/ House prices in this country are a function of the credit market and then in a distant second place supply… and then the primitive legal conditions renters live under. Our housing problem could be fixed in a matter of months if the political will existed. Question is why do Irish people look at their house like a home equity line, a pension, the sum total of their careers work and effort? The fact that they do so says more about the sham that is our economic,… Read more »
It is not just Ireland nor just Dublin. E.G. Victoria B.C. here. 1972 Labour rate $3 per hour. Today $25 (lots of work at $15) Increase 8x 1972 new house price , $30,000. today $850,000. increase 24x 1972 sleeve of beer $0.25 today $5.00 increase 20X A back of the envelope calculation shows that the average wage today buys 45% of what it did in 1972. That is that the standard of living is less than half what it was in 1972. The house price and beer are more extreme examples of inflation. Last year I commented to the grocery… Read more »
Here’s one, get average mechanic’s annual salary in 1950/60/70/80/90/2000/2010, then price of a house in Brookwood, Artane in those years, and the price of a small Ford in those years as well. In 1950 a mechanic might have earned $250/pa, a house would cost $2500, and a small car $250. The mechanic would OWN a house with 10 years salary or OWN a small car with 1 years salary….fast forward to today, said mechanic on $40k /year would still own his house with 10 years salary but could afford a small car with 5 months salary ? Foreigners here tell… Read more »
What a pity that the benevolent genius Henry Ford did not also start manufacturing pre-fabricated housing units ? Henry Ford style cut out the Banksters. . And, he explained that most modern wars are Bankster-Wars. . Presently,- the Dreadful Few are wanting War on Iran . AHEAD OF THAT,- ANYONE WHO DOES BUSINESS WITH IRAN IS PUNISHED BY ISRAEL’s PROXY ; USA . BUT — BUT — BUT >>>>>>>>>>>>>>>>>>>>>>>>> HEADING ; Israel okays signing deals with companies working in Iran, gov’t reveals In the letter, a top Finance Ministry official writes that companies working in Iran can still bid for… Read more »
For the vast majority of u,- ur daily grind to provide for ur life — incl. Housing Needs — is dictated by the Banksters ; . But, President Trump will sort them nasty Banksters out ; . Hmm … m . Still,- it must be said that Trump’s voters were correct to vote for him instead of : Kill-ary Clinton Bernie — Communist — Sanders . They were voting essentially for those parts of Trump’s manifesto which were similar to the great Ron Paul’s. Shame though that most of Trump’s manifesto was not borrowed from Ron Paul. And,- they were… Read more »
. Isn’t it a pity that David does not gift weekly a worthy e-book to poster deemed to have written the best post ; . Here is an book from the worlds leading intellectual, E. Michael Jones, that I reckon would be most worthy e-book prize [ were it available as e-book ] ; . Barren Metal ; A History of Capitalism as the Conflict between Labor & Usury . by E. Michael Jones (Author) . 4.9 out of 5 stars 11 customer reviews . Price ; $70.99 / $100.00 TRUTHIST CONSIDERS THE PRICE COUNTER-PRODUCTIVE TO JONES’s INTENT OF “ENCOURAGING… Read more »
David’s basis for valuing houses is SPURIOUS ; . Instead,- David should be comparing . “cost of complete purchase of basic houses in the various settings of our MULTI-class society . VERSUS . “typical private sector Laborer’s salary per year” . LABOR UNIT IS THE PROPER MEASURE OF ECONOMIC WEALTH . MONEY [ Gold, & just about so Silver ] CURRENCY IS THE BEST STORE OF WEALTH ; It is so egardless of how long or short that duration of storage is. . NON-MONEY CURRENCY — e.g.s Dollar / Petro-Dollar, Euro — is but PRETEND MONEY. REMEMBER ; . “THE… Read more »
http://news.goldseek.com/GoldenJackass/1547490824.php There is a lot more to read from Jim Willie, Below is a sample “””TOP 10 FACTORS & EVENTS OF 2018, EACH WITH IMPORTANT IMPACT ON THE NEW YEAR TOWARD THE GOLDEN DIRECTION: 1 USGovt debt volume over $22 trillion, which grows well over $1 trillion annually, with no prospect of repayment except from criminal elite asset seizures, amidst high volume dumping of USTreasury Bonds. The future Gold price estimates are flowing in, with Jim Sinclair posting a $20,000/oz estimate based solely upon foreign holdings of USGovt debt. The USDollar money supply has tripled since 2008, with no gain… Read more »
THIS EXAMPLE SHOW UP WHAT AN EVEN MORE CORRUPT PLACE THAT THE SOUTH OF IRELAND HAS INCREASINGLY BECOME ; . 1st thing to become aware of is that the Irish State was never Catholic in ethos of governance ; It has continued to be a Freemason Entity that it was prior to so-called independence. . Membership of the EU exacerbated that ; EU being a Freemason Dream come true. . In terms of culture,- we are at a very low point ; Ref. Retiring German Ambassador to Irish State’s — a Hibernophile no less — lament that the Irish have… Read more »
The way the Irish property market is trending is absolutely crazy, let me give you an example. The extension has been built to the estate I currently live in, as we’re renting at the moment I was highly interested in buying the property. The Phase I 3 bed semi detached houses were sold between 290-300k. At the time we didn’t have enough deposit so we didn’t pursue the opportunity. Phase II year later was trending around 310-330k which was circa 10% increase year on year, still didn’t pursue the opportunity. Phase III is now going for 410-430k. The exactly same… Read more »
Howth is a very desirable place to live, as are it’s environs.Why are there so many land wasting golf courses nearby.Deerpark has 27 full length holes,a par 3 course and pitch and putt-the views are breathtaking and you might see Senor Larry Mullen. Portmarnock, Sutton,Bull Island,Clontarf host another five courses.Malahide Castle is yet another waste of prime residential land.Does any other capital city have so many golf courses within eight miles of the city?Elm Park on Nutley lane is ridiculous, the site would make half a billion if sold.Does London have such a preponderance of courses mostly unused in the… Read more »
Dublin is a Hard-Drug Taking Shit-Hole ; U would have to off ur rocker to wanna live there. . Well overdue that folks seriously consider that the Dreadful Few have manufactured it that bulk of Irish populace — especially of Dublin — are hooked on hard Narcotics ; Just like they did to China, & various other populations in history. Famous man from Limerick on behalf of the Sassoons — cousins of the Rothschilds — forced China to accept having its youth swamped with opium addiction. . And, to just get a taste of how even legal pharmaceutical companies conspire… Read more »
U WOULDN’T BE LOOKING FOR TO HAVE UR HOUSE USED FOR HOME-SCHOOLING UR KIDS,- WOULD YEE ? . “Mama don’t allow no Home-Schooling in this place. Mama don’t allow no Home-Schooling in this place. No,- I don’t care what Mama don’t allow, I’m gonna Home-School anyway anyhow. No,- Mama don’t allow no Home-Schooling in this place.” . YEAH,- BUT EUROPEAN COURT OF HUMAN RIGHTS HAS JUST FOUND IN FAVOR OF GOVERNMENTS’ RIGHT TO STOP YEE HOME-SCHOOLING. . HEADING ; The German Government Forcibly Removed These Children From Their Parents Over Homeschooling . Robert Clarke / @Rob_ADFIntl . January 14, 2019… Read more »
The money markets are unfazed. This is the battle for survival of Britain as a sovereign nation.
A hard Brexit is the only answer. Ask no quarter, give no quarter. Take no prisoners. Get the hell out of where they should never have been. The price of a Mercedes is totally irrelevant!
Gold’s value under the crushing weight of a failed fiat called the Venezuelan Bolivar is now posting a priced at 12,872.89 losing another 23.97 Bolivar overnight with Silvers value at 155.256 losing only .849 Bolivar in value. A friendly reminder; it was just before February 7th 2018, that everything in Venezuela was normal. The very next day, everything went bat shit crazy as their currency collapsed. By the middle of August 2018, the precious metals stopped their rocket launch and found equilibrium, and the climb slowed but continued in a more controllable way. One day this will happen in one… Read more »
World is Comfortably Unaware of Approaching Disaster – Andrei Polgar By Greg Hunter On January 16, 2019 In Market Analysis 51 Comments In closing, Polgar says, “The system will break from bottom to top. . . . As bad as things are in the Western world, I see much more pain initially in emerging markets. . . . Developed countries like the United States will be the last to fall. . . . The baseline scenario I am afraid of is . . . having our usual market crash followed by a loss of confidence of central banks and governments… Read more »
The real reason why u have a contrived Housing Crisis ;
And,- even as a contrived Housing Crisis it is gonna get a lot worse.
Yee would wanna wake up super fast ;
And,- be mindful that the immigrants are being used ;
Other games being played on their home-places by The Dreadful Few.
A report from a Newspaper licensed by Irish State ; . ALLEGED THREATS TO THE JUDICIARY Hmm ….. m . IRISH STATE IS A FREEMASON CONSTRUCT CONTINUING FROM PRE-INDEPENDENCE [ so-called independence ] . Thursday 17 January 2019 . HEADING ; Anti-eviction activist Ben Gilroy has been jailed He had admitted criminal contempt . ARTICLE ; Anti-eviction activist Ben Gilroy has been jailed for three months over failure to comply with a High Court order to complete 80 hours community service after he had admitted criminal contempt. Mr Justice Brian McGovern found there was a “deliberate and conscious” breach by… Read more »
NICE ONE,- HENRY
17 Jan 2019
Socialism in one sentence
Nancy Pelosi’s net worth $196,299,990 in 2018
I don’t mind if land hoarders hoard. I doubt if this really has much of an effect. I understood that the price of a house depends simply on how much the banks will lend against it, nothing more.
I don’t see an accommodation crisis. They say there is one but I don’t believe it. People want accommodation but I doubt many of them are in dire straits. Much of the pressure (such as there is) is surely a result of matrimonial breakdown under the influence of our nihilistic modern culture.
https://myemail.constantcontact.com/Downturns-and-Financial-Crises—A-Sequence.html?soid=1101357242253&aid=mPQQTS_RuIg Downturns and Financial Crises – A Sequence The bond market and housing market have turned downward. U.S. and global stock markets rolled over in 2018. A debt/credit crisis could arrive soon. There is little (as in no) political will to reduce spending, deficits, and debt. Some currencies have already collapsed. Others may follow. Fiat currencies are vulnerable. Currency collapses lead to runaway consumer price inflation! Breakdown of social structures, civil disorder and riots follow runaway inflation and the ensuing loss of confidence in government, currencies, and banks. The globalists will “never waste a crisis” and will use the unrest… Read more »
MIND-BLOWING IF ONE IS AN IGNORAMUS Although only 36 minutes of ur time,- u will still get a Sore-Ass . Reductionist-Speaking ; Improvising > Kinky + Satanic > Resolute > 2-SIDES OF SAME COIN … “Literally” > RELEVANT … even to this Article by David ; Because,- Social Engineering from On-High is afoot Re ; the whole Housing Aul Bollox from the get go with Mortgages, …. not to mind the push to relegate most folks to being Tenants, & modern “Homelessness + Rootlessness” Phenomenon . Ref. Atlantean Gardens Published on 27 Aug 2018 . Re-uploaded with improved sound. Lecture… Read more »
Another brilliant presentation by Dr Ron Paul as relevant, or even more so, as it was in 2003. We can see the results of using fiat paper money as it is devalued by rampant printing. If one had saved gold then and used it to buy a Merc it would have taken 120 ounces. Today a 120 ounces is about E140,000. That would still buy you a comparable new Merc. No inflation using gold as money. https://www.carzone.ie/new-cars/mercedes Paper Money and Tyranny by Rep. Ron Paul, MD by Rep. Ron Paul, MD US House of Representatives, September 5, 2003 https://www.lewrockwell.com/1970/01/ron-paul/paper-money-and-tyranny/ Conclusion… Read more »
It costs millions of Bolivars to buy a Merc here.
This is the result of a wealthy (gold and oil) country being expropriated by a socialist, centralist government aided and abetted by a centrist banking system. BEWARE
“”The National Assembly, where the majority of legislators belong to the opposition, has estimated the accumulated inflation last year was 1.7 million percent.””
”… price of a house depends simply on how much the banks will lend against it, nothing more.” And how much people can borrow. Increase the money supply, lower the interest rates, and easy to obtain cheap credit increases the mortgage amount that in turn raises the bid price. As for the reasons for this. Blame the central bank for the policy and the central and commercial banks for the implementation of the policy. It is an artificial market controlled by the centrist banking system. It is an induced bubble not a natural market. To restore honesty and a normal… Read more »
Become an Activist for A-C-T-I-O-N !
H-O-T Action !
THE FLIP-SIDE TO GEORGE SOROS “ACTIVIZM” IN POLAND
HEADING OF POST ;
Simon Mol has slept with over 300 Polish girls and infected over 40 of them with HIV –
Many of them were activists in Poland’s human rights and antifa
Posted by Boris
January 17, 2019
I could not get a URL for this so posted cut and paste as I happen to agree with the essay. He also points out the vast sums of money deployed to manipulate the markets. 68 billion mentioned, coincidentally the same amount use to bail out Ireland banks in 2008. And remember all this money is conjured out of thin air and borrowed into existence, expanding the debt levels which exacerbates the problem. Dead Cat Bounce? Mike Savage Update January 17, 2019 Many people are wondering if this latest bounce in stock markets is a dead cat bounce or if… Read more »
Re ; A Bee who is purposely destroying USA, & an Abortionista, & a Warmonger, & worth $ 200 Million [ even though meant to be a “Socialist” 8-) ] . Of course,- this memorabilia does beg the question ; . Did JFK pole Nancy ? . . Pelosi JFKA 20-year-old Nancy Pelosi and John F. Kennedy. . Pelosi Facebook . HEADING ; How Nancy Pelosi went from San Francisco housewife to the most powerful woman in US politics . By Walt Hickey and Mariana Alfaro . Jan. 6, 2019, . INTRO ; Despite first running for office at age… Read more »
Further to the FREEMASONRY Irish State’s INjustice System ; . viz. Persecution of Ben Gilroy . Youtube Video Interview . TITLE ; Ben Gilroy, a Yellow Vest Leader and Anti Eviction Activist Jailed for 3 Months at Mountjoy! . Published on 17 Jan 2019 . BLURB ; Journalist Gemma O’Doherty talks with #BenGilroy’s wife Sarahjane outside #Bridewell Garda Station #Dublin. Regarding Ben been given a 3 month jail term by Judge Brian McGovern in High Court to serve at #Mountjoy. In recent years, Gilroy has also campaigned on a variety of populist issues. He has spoken out against abortion, the… Read more »
Hi, “The Irish housing market, on the other hand, is stitched-up, protected by ludicrously restrictive planning laws, interfered with to the point of madness and bloated by a generation or two of credit, resulting in a hoarders’ charter which enables land owners to sit on land without penalty and simply watch their wealth accumulate” It isn’t obvious to me whether you are being deliberately Disingenuous or just plain idiotic but that paragraph is dreadful. Not a mention of total supply, or how thin the market is, or whether cash buyers predominate or not. In Zimbabwe when out of control money… Read more »
FREEMASONRY-DESIGNED “SOCIAL ENGINEERING” WHICH IS DEFINITELY HAVING AN INCREASINGLY AFFECT ON HOUSING CRISIS IN IRISH STATE . AND,- DEFINITELY HAVING A LUCRATIVE & POLITICO-POWER AFFECT FOR THOSE CUTE-HOOR HYPOCRITICAL “PROFESSIONALS” IN COZY SHOP OF IRISH STATE WHO ARE : “ON-THE-MAKE” & “ON-THE-TAKE” . By the way,- why do we not get cute women from Egypt, Eritrea, Ethiopia, Somalia, & Kenya, etc ? Why only the parts of Africa which “could feed all of Africa” [ especially Nigeria ] ? TITLE “Ireland 2040” EXCERPTS “Ireland 2040” is a 25 year Irish Government planning document which aims to import countless migrants into… Read more »
SOME EASING FOR ALL ETHNICITIES IN THE COMPETITION FOR HOUSING IN CERTAIN COUNTRIES OF EU DURING 2018 BUT,- “POPULISM”, AS DAVID REFERS TO “WAKING UP”, WELL …. DAVID NO LIKE . Yellow Vest Revolution must be the main reason MICRON-MACRON delivered “poor Innings” for The Rothschilds in 2018 . HEADING ; Asylum Claims Spike 22 % in France, Plunge In Populist Countries . by Tyler Durden Fri, 01/18/2019 . SUB-HEADING ; France saw a 22% spike in asylum applications in 2018, while countries led by populist governments such as Italy and Austria have seen claims plummet, according to Le Monde.… Read more »
. More on forthcoming mass demand for Housing from the close to 1 Million Africans that the Irish State — Deep State > Government — L-E-J …. i.e. L for Legislature [ Dail & Senate ] PLUS E for Executive [ ( Dwinks ) Cabinet + Civil SERVE-PISS ] PLUS J for Judiciary — is bringing in to Irish State as new Citizens ; Ref. “Ireland 2040” Irish State Policy Document [ See my post above Re ; that Policy currently being operated ] Surely the captive Indigenous Irish Males here should at least be allowed to have say that… Read more »
@Truthist -> IRELAND 2040
. Ref. NEW MAJOR REVOLUTION IN FRANCE THAT THE MAIN-STREAM MEDIA [ M.S.M. ] ARE EFFECTIVELY HIDING FROM THE PUBLIC ; LOADS OF ABORIGINE FRENCH BEING MURDERED & MAIMED BY THE FRANCE REGIME’s APPARATUS SHOCK-TROOPS. Although, just as he did boldly tell us the inevitable about the then “Property Price Boom” — viz. there would be next a “Property Price Crash” [ And,- that makes sense from even observations in the Bible about Booms ; But,- it even makes more sense when u realise that the Crash is deliberate by the Money-Masters, & it so that they then can take… Read more »
Great account of how the US dollar strength is headed down and the FED painting itself into a corner must lower interest rates.
The central banker policy and the spendthrift politians aquiescing to voter greed has bankrupted the US