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Posted

http://www.newrepublic.com/article/121967/whats-really-going-trade-services-agreement

 

Only read once. They exposing a semi secret deal between US, EU and other nations to effectively eradicate national borders for business, deregulate and impose laws that prevent further regulation of certain industries. And maybe I read it wrong, but it will allow business to jump into any country and compete against state run companies who previously held a monopoly. Or simply dismantle all state owned companies. 

 

Sounds like a Libertarian dream, so why I am still scared? 

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Posted

You're scared because you know this isn't a libertarian advance, it's an imperial one.  The global corporatist Anglo-American oligarchy continues its bid for world domination.

 

Indeed, I'm curious as to who wrote this legislation, and who knew its contents in advance.

Posted

These trade agreements represent the major players jockeying for position while the world decides what its next reserve currency will be.

 

 


For an example of how this would work, let’s look at financial services. It too has a “standstill” clause, which given the unpredictability of future crises could leave governments helpless to stop a new and dangerous financial innovation. In fact, Switzerland has proposed that all TiSA countries must allow “any new financial service” to enter their market. So-called “prudential regulations” to protect investors or depositors are theoretically allowed, but they must not act contrary to TiSA rules, rendering them somewhat irrelevant.

 

Most controversially, all financial services suppliers could transfer individual client data out of a TiSA country for processing, regardless of national privacy laws. This free flow of data across borders is true for the e-commerce annex as well; it breaks with thousands of years of precedent on locally kept business records, and has privacy advocates alarmed.

 

There’s no question that these provisions reinforce Senator Elizabeth Warren’s contention that a trade deal could undermine financial regulations like the Dodd-Frank Act. The Swiss proposal on allowances for financial services could invalidate derivatives rules, for example. And harmonizing regulations between the U.S. and EU would involve some alteration, as the EU rules are less stringent.

 

Perhaps I've been watching too many Peter Schiff podcasts, but I'm convinced the U. S. Dollar will die shortly, sending the world into temporary chaos before a recalibration to a new world reserve currency, or a combination of competing currencies. (BRICS vs. EU, for example.)

 

Fear porn libertarians hoot and holler about the New World Order, and the possibility of a future one world fascistic government. It's pretty clear that, at least financially, we've had a one world government since the Bretton Woods Conference in 1944, and the dictator of that world government is the United States. At this time, all currencies were pegged to the dollar because we had two-thirds of the world's gold reserves.

 

Which nation has most of the world's gold reserves now? It's not the United States.

Posted

Interesting thanks for the link, I view the this as a posotive thing it's hard to deny the advantages of the free market and this is a step closer I'm sure there will be secret barriers and legislation but in my opinion a step in the right direction. I don't understand how the usa wanting to get rid of trade barriers will result in a one world government though? Maybe better internet speed, cheaper xyz and a better public opinion of capatilsm once the state monopolies get dismantled.

 

Am I missing something's?

Posted

I don't understand how the usa wanting to get rid of trade barriers will result in a one world government though? Maybe better internet speed, cheaper xyz and a better public opinion of capatilsm once the state monopolies get dismantled.

 

Am I missing something's?

 

Maybe not in our lifetime but it's a step towards a one world government by increasing our interdependence on each other. We're already closely tied, ripples in Wall St are felt in London etc.

 

But as mentioned by J. D Stembal This is jockeying for position while the world decides what it's next reserve currency will be. And IMO clear battle lines being drawn westernised world Vs BRICS. Despite all the WW3 prediction videos on Youtube I don't think a shot will be fired. WW3 will be a war of economic attrition. Because "We should invade that nuclear power" was said by nobody ever.

 

data and privacy issues are alarming, bet any money it's the US & UK pushing for it.

 

I'm mixed about the whole thing, breaking up state monopolies is good. Increased competition is good. Not perfect as the mutil nationals act as a virtual monopoly. Just look at UK energy market the big 6, average prices out across all tariffs and they're never more than 4% apart. 

 

One thing that worries me is simple. If this deal is so good, so in the interest of the consumer/citizen/taxpayer/public why keep it secret?

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