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#Property Development UK
zunikh · 1 year
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Buying a first development site can be a fascinating and thrilling journey. However, it's not without its challenges. But with careful planning and informed decision-making, it can be a rewarding experience that sets you on the path of a prosperous investment future. Whether you're thinking of residential, commercial, or mixed-use properties, in this article, we have covered the top tips to consider whether you are buying your first development site in the UK.
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feckcops · 1 year
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Disappearing schools, families forced out – and we call this progress
“Last week, Lambeth announced that a secondary school founded in 1685 will close for good this summer, with its students farmed out elsewhere. In Camden, St Michael’s primary will not even make the end of the school year – it closes this month, the fourth in the borough to go since 2019. Days before the Easter holiday, Hackney warned that two of its primaries are likely to fold and another four may have to merge to survive. Neighbouring Islington is considering closures, while Southwark believes 16 primaries are at risk.
“This is a huge story, not only about marooned children and panicked parents, or redundant teachers and struggling councils, but the very future of our major cities. These schools are not shutting because they are bad, but because inner London no longer has enough children to fill them. The dead centre of Britain’s political and economic powerhouse is driving out families – and its education system is now taking an almighty hit. Hackney, for instance, has 589 fewer kids in reception today than it did in 2014, a shortfall equivalent to about 20 vacant classrooms. Since schools mainly receive cash per pupil, empty desks mean debts, and debts force closures …
“If this historic shift has a hinge point, it’s the 2010s, when two big forces began reshaping the capital. The first came from Downing Street: since David Cameron moved into No 10, successive Tory governments have taken benefit money from the very youngest and handed it to the oldest. The Resolution Foundation calculates that newborns have lost £1,500 a year in entitlements, while those aged 80 and above have gained more than £500 …
“The post-crash decade also saw inner London turned into a theme park for property speculators. The Bank of England was spraying about hundreds of billions of pounds like it was champagne at a grand prix, the then chancellor George Osborne was chucking taxpayer’s money at the property market, and London councils, including some of Gould’s Labour colleagues in Camden, were allowing developers to run riot. The arguments about gentrification soon descended into cliches about hipsters and Foxtons, when what was really being decided was who would live in the city and who it would serve.”
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lilliankillthisman · 9 months
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William Zeckendorf, Senior, six feet tall, powerfully built and with an unusually large, bald, oval head, often topped by a pale grey homburg, was always overflowing with ideas. His brain was dangerously ingenious and fertile. "If I had been a woman," he once remarked, "I would have been pregnant every nine months."
Incredible... possibly the most large happy and sexually normal description I've ever heard
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eaglesnick · 1 year
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Sunak: puppet on a string.
Britain has both freehold and leasehold homes, the former being where the buyer owns both the house and the land it is built on.  Under leasehold arrangements the buyer does not own the land the house is built on and they must pay “ground rent" to whoever owns the land.
Leasehold properties have been described as “last redoubt of a colonial relic". Whereas most civilised countries have abandoned this “feudal” system of property ownership, here in England it has enjoyed a  resurgence in recent years.
In 1996, just 22% of UK new-builds were leasehold but by 2017 this figure had risen to 43%. Leaseholds have  continued to rise, the governments own figures stating there were nearly 5 million homes that were leasehold at the beginning of 2022.
In the past it was mainly apartments that were leasehold, and it was not uncommon for leasehold agreements to be set for 999 years. In addition, leasehold property owners were often only charged a  “peppercorn” rent.  This gave the leasehold tenant a certain amount of long-term security. This has changed dramatically in recent years.
Greedy housing developers have been selling leasehold properties with hidden clauses that allow 10-year renewal dates for ground rent increases.
“Although unsuspecting first-time buyers were frequently told that 999 year leases were “virtually freehold”, the clauses meant that the ground rent would soon spiral to absurd levels. The government quotes a family house where the ground rent is expected to hit £10,000 a year by 2060.” (Guardian: 25/07/17)
Such was the outcry at the unbridled greed of property developers and others who were the beneficiaries of this scandalous affair that:
“…government pledges to make it cheaper to extend leases and cut ground rents. Homeowners will be able to extend their leases by 990 years under new plans."  (Which: 07/01/21)
Michael Gove, Secretary of State for Levelling Up, Housing and Communities and Minister for Intergovernmental Relations, reiterated this promise, at the beginning of the year:
“What are leaseholds: Michael Gove vows to scrap the system. Gove’s new pledge could help millions of homeowners struggling with costly leaseholds” (Evening Standard: 31/01/23)
That was then. This is now.
“Plans to abolish leaseholds in England and Wales have been dropped after a row between Michael Gove and Downing Street.”  (Metro: 11/05/23)
Put simply, the rich backers of the Tory party are totally opposed to giving up the rich cow that is leasehold ground rents. Gove might be an honourable man on this occasion, and trying to do the “right thing”, but Rishi Sunak is not. He has caved in to his rich and powerful backers, and it is ordinary working families who will, as always, have to pay the price.
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generalbytes · 2 years
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Why is buying property in London a great investment choice according to Joe Ricotta?
London, one of the most beautiful and culturally diverse cities in the world, is a place that must be discovered again and again without reservation says "Joe" Ricotta. The lively metropolis of London, famed for its history and culture, is also one of the world's largest financial centers, known for producing new investment possibilities daily.
Individuals from all over the world come to study at the greatest institutions, to create a profession, or to make London their permanent home. Because housing demand is continually high, property investing in Greater London is and will always be a feasible alternative.
1: London is a World Class Business Epicenter
London provides the greatest possible environment for commercial and financial activity. Over the past 16 years, the city has been rated as the finest for business organization and behavior.
London is renowned as the world's commercial and financial capital, having one of the most dependable and stable economies, says Joe Ricotta.
2: Market Demand that is Constant
London is one of the world's most significant economic centers, and it has constantly drawn people skilled in many fields of knowledge searching for fantastic prospects and positions. With the expanding population, there is a consistent need for homes. Purchasing a London house is thus a profitable investment.
3: Excellent Infrastructure
London is well-known for being one of the most developed capitals and an infrastructure pioneer. Purely focusing on the Investment methodology "Joe Ricotta" asserts, one key incentive to invest in the London property market is its excellent transit infrastructure. London has a robust and efficient infrastructure, with essential transportation terminals and connections to distant locations.
The city offers unrivaled transportation linkages, including the iconic London tube network and five international airports. With the launch of the Elizabeth Line (Crossrail) in May 2022, London has reached a new level of connectedness.
4: Quality Education
An English education nearly guarantees a successful job. Everyone who studies in London will be at the center of one of the best-equipped areas to meet their educational demands.
A certificate from one of the world's most prominent colleges has long been recognized as a mark of superior education, opening opportunities for graduates at the world's most elite corporations.
5: Excellent for Investing Purposes
The United Kingdom has been declared the finest investment destination in the world claims 'Joe' Ricotta, owing to its geographical location and well-developed infrastructure, which allows anybody to rapidly travel to any area of the world.
English is seen as a language of worldwide communication, and the British are open to foreigners and welcome foreign investment in their economy. It is worth noting that the cost of a square meter in London has climbed 51 times in the previous few years, making it more difficult to climb the housing ladder!
Read More About Joe Ricotta :https://directory.mirror.co.uk/company/249547b0b5395a389ba77695ecb1358a
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inporiem · 23 days
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Inporiem is a leading name in the real estate sector, specializing in innovative housing solutions. Based in London, this company stands out as a premier choice among housing developers London. They are renowned for their commitment to quality and sustainability, offering a diverse range of residential projects designed to meet modern living standards. Inporiem’s expertise in creating vibrant, well-planned communities positions them as a top player in the London housing market, making them a key partner for those seeking exceptional residential development.
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legalcounseluk · 1 month
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Comprehensive Legal Expertise in Construction and Property Disputes
Expert Lease Solicitors Counsel — Your Trusted Legal Advisors
It can be difficult to navigate lease agreements, but our expert Lease solicitors counsel lawyers will assist you at every stage. We provide full guidance so that your lease agreements are straightforward, reasonable and legally admissible.
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FAQ
1. What services do real estate solicitors provide?
Answer:- Real estate solicitors assist with a range of property-related matters, including property transactions, drafting and reviewing contracts, handling disputes, and ensuring compliance with property laws. They can guide you through the buying, selling, and leasing processes, and offer expert advice on property investments and ownership issues.
2. How can a dispute resolution solicitor help with my legal issues?
Answer:- A dispute resolution solicitor specializes in resolving conflicts through negotiation, mediation, or litigation. They help you navigate legal disputes effectively, aiming to reach a favorable settlement or represent you in court if necessary. Their expertise ensures that your rights are protected and that you achieve the best possible outcome in resolving your dispute.
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Is Property Investing Still a Viable Option in the UK 2024
Are you contemplating your investment strategy for 2024? With the economic landscape constantly evolving, many investors are eyeing the potential of property investment. Let's explore the realm of property investment with a focus on opportunities and strategies that can propel you into this lucrative domain.
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Assessing investment opportunities
The UK's property market offers a myriad of opportunities for savvy investors looking to diversify their portfolios. From residential properties to commercial real estate, the market presents a spectrum of assets, each carrying its own set of benefits and risks. The key lies in understanding the nuances of each property type and aligning your investment goals with the right asset class.
Is property a Best investment in the UK 2024?
The answer to this pivotal question hinges on several factors, including market conditions, economic outlook, and individual investment goals. Despite the prevailing uncertainties, property investment continues to stand out as a resilient and potentially lucrative option for investors. Let's delve deeper into the factors that make property a compelling investment in the current landscape.
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Capitalizing on investment opportunities
In the dynamic UK property market, opportunities abound for investors looking to diversify their portfolios and secure long-term returns. Despite occasional market fluctuations, the fundamental principles of property investment remain robust, making it an attractive avenue for both seasoned investors and those entering the market for the first time.
Long-term growth potential: One of the historical strengths of UK property investment is its robust long-term growth potential. While short-term market fluctuations may occur, the overall trajectory of property values tends to appreciate steadily over time. This offers investors the prospect of significant capital gains, especially when adopting a patient and strategic investment approach.
Stable rental income: Beyond capital appreciation, property investment provides the unique advantage of generating stable rental income. By strategically renting out properties to tenants, investors can enjoy a consistent stream of revenue. This not only helps offset property-related expenses but also enhances the overall returns on the investment.
Portfolio diversification: Property investment serves as an excellent opportunity for portfolio diversification. By adding real estate assets to their investment portfolios, investors can spread risk and reduce exposure to market volatility. This diversification enhances overall portfolio resilience, offering a balanced approach to wealth creation.
How to get into property investment
For those considering a foray into property investment, the prospect might seem daunting initially. However, with the right approach, getting started is entirely achievable. Here are key steps to guide you on your property investment journey:
Educate Yourself: Invest time in understanding the fundamentals of property investment, market dynamics, and relevant regulations. Consider attending seminars, workshops, or online courses to enhance your knowledge and equip yourself for informed decision-making.
Seek professional advice: Consulting with experienced real estate investment firms, such as Moneda Capital PLC, along with financial advisors and legal experts, provides valuable insights into the intricacies of property investment. Their guidance can navigate you through the process with confidence, ensuring you make well-informed choices aligned with your goals.
Network: Building relationships with fellow investors, industry professionals, and property management companies is crucial. Networking provides opportunities for collaboration, learning, and accessing off-market deals, offering a strategic advantage in the competitive property investment landscape.
Property investment in the UK presents promising opportunities for investors in 2024. By understanding market dynamics, adopting a strategic approach, and leveraging professional expertise, investors can capitalise on the potential for long-term growth and financial stability offered by property investment. Whether you're a seasoned investor or a novice looking to enter the market, property investment remains a compelling option worth exploring.
As you contemplate your investment decisions, conduct thorough research, seek expert advice, and maintain a long-term perspective to maximize your chances of success in the dynamic world of property investment. For tailored guidance and investment opportunities in the UK property market, consider partnering with Moneda Capital PLC. With our expertise and personalized approach, we can help you unlock the full potential of property investment in 2024 and beyond. Contact us today to embark on your journey towards financial prosperity.
Visit website:- https://www.monedacapital.co.uk/
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Commercial Property News
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zunikh · 1 year
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"Zunikh is open-minded, with an appetite for exploring all investment opportunities that exist for land development throughout the UK. This includes commercial land that is – or could be – up for sale, irrespective of the size of the land or whether planning permission is presently granted.
Explore commercial investment properties in Derby, Leeds, Nottingham, London, Manchester, and Birmingham. Contact us today to learn more!"
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pejasurveying1 · 1 year
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London is renowned for its stunning architecture, vibrant culture, and dynamic economy. But understanding the building cost per square metre is vital for anyone planning to construct a property in this illustrious city. It’s essential for accurately estimating the financial commitment involved, helping you stay within budget and make informed decisions about your project. Read the article to know more.
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gfsbuilder · 1 year
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zvaigzdelasas · 5 months
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[BBC is UK State Media]
Truong My Lan is charged with taking out $44bn (£35bn) in loans from the Saigon Commercial Bank. Prosecutors say $27bn may never be recovered.[...]
The evidence is in 104 boxes weighing a total of six tonnes [!!!]. Eighty-five defendants are on trial with Truong My Lan, who denies the charges. She and 13 others face a possible death sentence.
"There has never been a show trial [sic] like this, I think, in the communist era," says David Brown, a retired US state department official with long experience in Vietnam. "There has certainly been nothing on this scale."
The trial is the most dramatic chapter so far in the "Blazing Furnaces" anti-corruption campaign led by the Communist Party Secretary-General, Nguyen Phu Trong.
A conservative [sic] ideologue [sic] steeped in Marxist theory, Nguyen Phu Trong believes that popular anger over untamed corruption poses an existential threat to the Communist Party's monopoly on power. He began the campaign in earnest in 2016 after out-manoeuvring the then pro-business prime minister to retain the top job in the party.
The campaign has seen two presidents and two deputy prime ministers forced to resign, and hundreds of officials disciplined or jailed. Now one of the country's richest women could join their ranks.[...]
Although Vietnam is best known outside the country for its fast-growing manufacturing sector, as an alternative supply chain to China, most wealthy Vietnamese made their money developing and speculating in property.
All land is officially state-owned. Getting access to it often relies on personal relationships with state officials. Corruption escalated as the economy grew, and became endemic.
By 2011, Truong My Lan was a well-known business figure in Ho Chi Minh City, and she was allowed to arrange the merger of three smaller, cash-strapped banks into a larger entity: Saigon Commercial Bank.
Vietnamese law prohibits any individual from holding more than 5% of the shares in any bank. But prosecutors say that through hundreds of shell companies and people acting as her proxies, Truong My Lan actually owned more than 90% [!!!] of Saigon Commercial.
They accuse her of using that power to appoint her own people as managers, and then ordering them to approve hundreds of loans to the network of shell companies she controlled.
The amounts taken out are staggering. Her loans made up 93% [!!!] of all the bank's lending.
According to prosecutors, over a period of three years from February 2019, she ordered her driver to withdraw 108 trillion Vietnamese dong, more than $4bn (£2.3bn) in cash from the bank, and store it in her basement.
That much cash, even if all of it was in Vietnam's largest denomination banknotes, would weigh two tonnes.[!!!!!][...]
David Brown believes she was protected by powerful figures who have dominated business and politics in Ho Chi Minh City for decades. And he sees a bigger factor in play in the way this trial is being run: a bid to reassert the authority of the Communist Party over the free-wheeling business culture of the south.
"What Nguyen Phu Trong and his allies in the party are trying to do is to regain control of Saigon, or at least stop it from slipping away.[...]
faster growth in Vietnam almost inevitably means more corruption [sic]. Fight corruption too much [sic], and you risk extinguishing a lot of economic activity.
10 Apr 24
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generalbytes · 2 years
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Joe Ricotta gives insight on Best Places in London for Property Investment
This year, prospective homeowners in London must make several important choices, the first of which is how near to the city's center they must be. Nevertheless, the alternatives need not be constrained if the response is "extremely" addressed by "Joe" Ricotta, a real estate developer.
As crucial as the quality of the local housing stock, the variety of transportation options, and the availability of local amenities are factors like a history of excellent price growth—with capacity to expand in the future—and regeneration potential.
1: Woolwich, South-East London
Woolwich is the first place suggested by "Joe Ricotta". Five miles downstream from Canary Wharf, Woolwich is emerging as a viable alternative, with Berkeley Homes' multibillion-pound regeneration of the Woolwich Arsenal, which includes 5,000 new homes as well as bars and restaurants, revitalizing the waterfront, and Crossrail set to improve transportation links in 2021.
British Land is to create a five-acre mixed-use complex on inland Woolwich's run-down high street, while Greenwich council has offered £40 million to adapt a few historic buildings on the waterfront into arts and cultural spaces.
CBRE predicts that Woolwich will have the highest "regeneration home price growth premium" in London, at 7.6 percent each year.
The river, a lot of green space, including Oxleas Wood and Plumstead Common, made Woolwich an attractive site to invest in real estate.
2: Wembley, North-West London
Located in West London, Wembley has a lot to offer, says 'Joe' Ricotta. It is particularly well-known for hosting the England national football team and Wembley Stadium, one of the world's most iconic event sites.
Wembley is continually being renovated and has evolved into a bustling and active neighborhood with a diverse range of retail outlets. It has a posh retail mall with a theater, restaurants providing a wide range of cuisine, entertainment opportunities, and plenty of green space. Wembley has three stations and three subterranean lines, and it is approximately 12 minutes distant from Central London. Because of these attractions, young professionals are particularly drawn to the area, says Joe Ricotta.
3: Hendon, North-West London
Finally, Joe Ricotta suggested Hendon, one of the most vibrant residential areas in North London, is a wonderful neighborhood with several investment opportunities and attractions. Brent Cross, one of London's largest shopping malls, as well as the Brent Reservoir, often known as the Welsh Harp, with its 170 magnificent hectares of marshland and water, are both located here.
Hendon has a diverse spectrum of architectural styles. Modern detached residences costing several million pounds may be found on Brampton Grove, one of Hendon's most prestigious streets. Families may benefit from excellent schools, parks, and restaurants, as well as excellent infrastructure that gives quick access to the rest of London.
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inporiem · 24 days
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Inporiem specializes in delivering exceptional services tailored to UK new home builders. With a focus on innovative design and superior craftsmanship, they provide solutions that cater to the specific needs of those constructing new homes in the UK. Their commitment to quality ensures that every project meets the highest standards, offering clients peace of mind and satisfaction. Inporiem’s expertise and dedication make them a top choice for those seeking reliable and skilled support in the competitive market of UK new home builders.
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opencommunion · 7 months
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"What is this force, these human beings, referred to in this word – resistance? 
First, literally, we refer to the achievement of the poorest and most strategically disadvantaged people on the planet. Within the encircled and immiserated Gaza Strip, many of the Al-Qassam fighters are orphans. Amidst closure and de-development, the popular resistance has been able to consolidate an arsenal and bring 1.5% of its population into a guerrilla force of 30,000-40,000 men that can – man for man – outmatch nearly any in the world. 
The resistance, secondly, has alloyed ideological commitment, willingness to sacrifice for their people, and technological ingenuity into armed capacity capable of going head-to-head with a nuclear power from underground tunnels, the ‘rear base’ and physical strategic depth needed for guerilla insurgency. The concrete is their mountains. From there they have imperiled an enemy with orders of magnitude higher GDP per capita – Israeli GDP is at $52,000 a year, with arsenals worth billions.
Third, the resistance, in launching its October 7 operation, is an example to the world that post-Soviet asphyxiation and extermination procedures, sanctions and terror lists and aid-based countermeasures, could not prevent the rise of a disciplined and new national movement from raising its head to the sky. 
Fourth, the popular cradle brings the word resistance beyond armed men to doctors going to their deaths in lieu of abandoning their patients and women and men in the Gaza Strip’s North – facing white phosphorus rather than abandoning their homes. It is precisely the strength of the civilian commitment to the national project that provokes US-Israeli extermination: ‘the 'civilian' officials, including hospital administrators and school administrators, and also the entire Gaza population’ are, as a result, the targets – not out of cruelty but to break Hamas by breaking its cradle. 
Fifth, through these achievements, the Palestinian resistance has been able to present an acute threat to the settler-capitalist property structures called Israel, to militarized accumulation, to the world’s workshop for counterinsurgency technology, and to the entire architecture of regional repression with its associated petrodollar flows, treasury and security purchases, and arms merchandising. For capitalism is not just the smooth clockwork of accumulation through generalized commodity exchange and labor exploitation, it is the machinery of violence – its technology – which ensures the smooth running of the clock, the thingification of its human elements, the political decisions to maintain and rework the machinery of monopoly accumulation, and the waste of human lives which is increasingly the core Arab input into global capitalism. 
More worryingly from the perspective of monopoly power, the Palestinian resistance is not alone. It is part of a regional populist resistance enfolding the poorest people on Earth. ... It is unimaginable that the neocolonial authoritarian states nor their US benefactor would remotely tolerate massive working-class militia which speak a language of justice and republicanism and raise arms against those states’ sponsors. In turn, it is as natural as the sun rising in the East that the US, the UK, Germany, France, and their Gulf and Arab satraps would converge on support for Israel as the spear’s tip of the assault on the surrounding Arab popular militia. 
And because Israel is the keystone of the regional imperialist order – maintained not by hegemonic consensus but the brutality of Apaches and Merkavas – it is as natural as water falling from clouds that what has developed in the Gaza Strip, as soon as it mobilized politically and militarily, would incite the Western reaction to wipe it from the face of the Earth and impose unimaginable horror to terrify the Palestinian, Arab, and Third World people to never again raise their heads.
The October 7 operation has perhaps overcome the central role of the Israeli state in accumulation on a world scale: ingraining a state of defeat amongst the Arab working classes, as part-and-parcel of the post-Soviet ideological defeat imposed by capital upon labor globally. Deterrence is the form that defeat takes when pushed to the military plane, and Israel openly admits that its deterrence has been shattered.
Seen from this perspective, the risks run by the western capitalist states – their imposition of fascist regulation against freedoms of speech and assembly, their backing for genocide, their desperation to see the Palestinian armed militia wiped from the face of the Earth – is logical, reasonable, and rational in its sociopathy. It is the logic of monopoly attempting to defend itself and the consciousness which bodyguards it with fire from the sky. It is a logic which fills graveyards, and a logic which makes orphans, and it is a logic which might yet meet its end in that crossroads of continents – that salient, and city and their camps and their people."
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