Citizenoftheworld

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  • in reply to: Islamic economics #258905
    Citizenoftheworld
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    in reply to: Sunday Mail discovers how banks work #258903
    Citizenoftheworld
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    Islamic Finance: How Does It Make Money Without Interest?

    Murabaha or cost plus selling: This is the most common product in asset portfolios and applies only to commodity purchase. Instead of taking out an interest loan to buy something, the customer asks the bank to purchase an item and sell to him or her at a higher price on instalment. The bank’s profit is determined beforehand and the selling price cannot be increased once the contract is signed. In case of late or default payment, different options are available including a third-party guarantee, collateral guarantees on the client’s belongings or a penalty fee to be paid to an Islamic charity since it can’t enter the bank’s revenues.

    in reply to: Israel strikes Iran militaries and nuclear sites #258883
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    https://www.nbcnews.com/world/middle-east/israels-iran-strikes-might-supercharge-global-nuclear-arms-race-rcna213200

    How Israel’s Iran strikes might supercharge the global nuclear arms race
    The stated intention of the attacks was to stop Iran from building a bomb. Some experts worry it may have the opposite effect.

    PS: A war against Iran might create the conditions that the workers of that nation might get united with their government instead of fighting against them, the rulers can use nationalism in order to motivate the peoples to fight for them, and many peoples in that country are young, it has mountains and forest, and the army is heavily trained in guerrillas wars, it has a large population of around 90 millions peoples

    in reply to: Israel strikes Iran militaries and nuclear sites #258882
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    https://www.reuters.com/world/why-does-saudi-arabia-want-civil-nuclear-deal-with-us-2025-05-08/
    Why does Saudi Arabia want a civil nuclear deal with the US?

    Chris Hedges: The Folly of a War With Iran

    The Folly of a War With Iran

    in reply to: Israel strikes Iran militaries and nuclear sites #258880
    Citizenoftheworld
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    Ukraine is attacking a nuclear power nation like Russia, but Russia has not dropped one atomic bomb in Ukraine, and the possession of atomic between the USA and Russia has limited the war to a conventional war, they did not want Ukraine to use long range missiles to attack Russia, and both powers do not want an atomic war, they only thing that the US can do is to impose sanctions on Russia and they have found way to avoid those sanctions.

    I do not think that Iran is going to attack US military bases, they do know that they are going to be attacked by a more powerful force, they want to bring the US to the table of negotiations, and the USA does not want to destroy Iran completely, they need the infrastructure in order to extract the oil which is the main objective, to have a continued supply of energetic sources from the whole Middle East, and also china and Russia have interest in Iran

    Iran has attacked Israel but Israel has not dropped an atomic bomb in Iran, and the USA has asked Israel to limit their bombardment to a conventional war, because it might become a quamaire in the Middle East the same case is applicable to India and Pakistan none of them have dropped an atomic a bomb against each other, but the possession of atomic bombs among them have created and apparent peace.

    The US dropped two atomic bombs in Japan, but they were experimental scientific projects using two different types of bombs, in two cities that were left intact, and McArthur wanted to drop atomic bombs in China, and the US government refused the project because they did not have so many nuclear bombs available and the Soviet Union could have responded, and world opinion was going to be negative against them.

    North Korea has nuclear bombs, and the USA has imposed sanctions on N Korea but they have not invaded that country, and its neighbor is China which is also a nuclear power as powerful as Russia and the USA, and China would prefer to place troops in N Korea than having the US as its close neighbor

    Atomic bombs are deterrent weapons, capitalists are not going to destroy each other completely.

    Cooking the Books 1 – Mutual Assured Downturn

    in reply to: Israel strikes Iran militaries and nuclear sites #258877
    Citizenoftheworld
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    There are many states in the Middle East, Africa and Asia and probably Latin America that will try to develop, or get from somebody else a nuclear bomb like North Korea with the assistance of the Soviet Union, and then, they continued their own program

    Libya dismantled all their atomic weapons programs and then, they were sodomized by the European powers and the USA, and they took all the natural resources

    The USA and the western powers are like a bull in a ceramic store, trying to hit everybody in their world hegemonic decline, but they stay away from North Korea, China, India and Pakistan because they have nuclear bombs

    Brazil has developed nuclear technology but for civil applications only, but they might change their minds because they are member of the BRICS, as well Saudi Arabia wants to develop a civil nuclear program, and Venezuela has been under threat of a US invasion for several years and they have closed relationship with China and Russia

    We do not support wars, but the reality is that if you have a nuclear bomb nobody will invade you or attack you

    in reply to: Sunday Mail discovers how banks work #258873
    Citizenoftheworld
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    Why aren’t they printing money ?

    https://www.wsws.org/en/articles/2025/06/17/ougu-j17.html

    Gold now number two reserve asset in international financial system

    A report by the European Central Bank (ECB) issued last week pointed to the growing lack of international confidence in the role of the US dollar as the global reserve currency.

    According to the ECB, gold accounted for 20 percent of the global reserves held by central banks, outstripping the euro at 16 percent and coming second to the dollar at 46 percent.

    in reply to: Israel strikes Iran militaries and nuclear sites #258870
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    in reply to: Trump as president again? #258860
    Citizenoftheworld
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    The democrats are making a big deal about the 45 millions spent on Trump military parades, but both parties have approved billions of dollars in military spending every year, and left-wingers have approved the military parades of the ex-soviet union, Russia, china, North Korea and Cuba, glorifying wars and killings

    in reply to: Sunday Mail discovers how banks work #258859
    Citizenoftheworld
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    The theory that banks make money by the stroke of a keyboard or from thin air has been debunked thousands of times, including schools of banking and finance, and there is not need to discuss about it . It is a dead smelly fish

    in reply to: Israel strikes Iran militaries and nuclear sites #258858
    Citizenoftheworld
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    The workers of Iran are to be the victims of the next proxy war between the West and BRICS.

    __________________________________________________

    And there are many keyboard and rocking chairs warriors approving wars and killing

    in reply to: Israel strikes Iran militaries and nuclear sites #258829
    Citizenoftheworld
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    Fidel Castro said: The yankees want every country to have machetes and mochas in order to win a war.

    Hugo Chavez said: Let’s get weapons from Russia and china instead of the US because during a war we are not going to have any bullets.

    Venezuela has not been attacked because the army has guerrillas training and they can fight in the Venezuelan jungles and it might become another Vietnam, and another guerrillas fighters can join them

    Israel can attack Iran or other middle eastern countries because they have the back up of the USA and they are the only country in the middle east who has atomic bombs and nobody can inspect them.

    Without the economic and military aid of the USA, Israel would have been in the same economic and military level of Palestine

    As Alan Johnston used to says: State war is terrorism with a bigger budget

    in reply to: Trump as president again? #258827
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    https://www.usatoday.com/story/news/politics/2025/06/12/trump-immigration-migrant-farmers-hotel-workers-deported/84166061007/

    Trump vows changes to immigration crackdown to protect migrant farmers, hotel workers
    President Trump said he plans to make changes to his administration’s aggressive crackdown on illegal immigration to address worker shortages

    https://www.msnbc.com/opinion/msnbc-opinion/trump-ice-raids-deportations-farmers-truth-social-rcna212865

    Nobody knows if this another one of his false promises

    in reply to: Trump as president again? #258825
    Citizenoftheworld
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    When the shit hits the fan, it spread all over. Now, Donald Trump is retreating from his campaign promises to deport all undocumented workers, he is saying that Farms workers and hospitality workers can not be deported. His Casino and hotels employ foreign workers too .

    Ronald Reagan who was reactionary conservative Republican advocated for an immigration amnesty for more than 3 millions workers, is he going to follow the same path ?

    The problem is that the Farmers voted for him, but they are losing money and they have a labor shortage and they are getting any bailout.

    The owners of Hotels and hospitality industry were already losing money and they had a labor shortage before he became a president, and the situation is getting worse now

    The only thing that is holding his government is emigration because everything else has failed including his Kamikaze tariff deals

    in reply to: Trump as president again? #258824
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Viewing 15 posts - 286 through 300 (of 642 total)