 is pure slavery.

The signature on the birth certificate serves as proof of paternity and if you are married you will be presumed to be the father.

Yes it is called presumption but even if the contrary is proved you will still have to pay.

Here I have only spoken of one of the problems of men, and yet it alone affects many more people and is far more real and destructive than all the so-called problems of women.

It doesn't take a lot of hindsight to see that men are subject to real sexism in all aspects of life and even in legislation.

This is only getting worse and worse as laws are passed under the pressure of these supremacist movements called feminists.

Women's problems are insignificant both in quantity and in consequence if we highlight those of men, if they exist at all.

Imagine if only paternity fraud affected women, not only would the movements as usual exaggerate the figures, call for genocide etc. But also riots would have taken place with many men as usual to promote women's rights.

 [https://www.verywellfamily.com/help-for-victims-of-paternity-fraud-2997823](https://www.verywellfamily.com/help-for-victims-of-paternity-fraud-2997823)Wing Leader is my favourite game at the moment – I play it solo exclusively and am having a blast. Preordered Supremacy 2nd edition and Legends expansion.
So much content in it and missions play so differently and provide heaps of narrative experience.
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I live in Pakistan and I would like to make Nigella's Lemon Polenta Cake (from Kitchen) but I am having trouble locating polenta or cornmeal. Could you please be kind enough to recommend a substitute or can I just replace the polenta with more ground almonds?
Posted by saeeda91. Answered on 13th May 2012 at 12.00Read The Answer
Hello Nigella. RecentlyRead The Answer
Hi! I have several
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by maddy168The previous year in the financial markets was definitely dominated by central banks. The most rememberable was the fact that they've changed their course in conducting monetary policy by 180 degrees, turning from tightening financial conditions to full easing. By easing I mean interest rates cuts in order to incentivize borrowing (lower costs of credit) as well as money injections into the financial system by any forms, which in effect increase the value of total assets on the central banks' balance sheets. Tightening, in simplification, is just the opposite, rate hikes and the total assets' value declines.
To give you some perspective see the chart below which is showing net global central banks hikes/cuts over the last two decades.
In 2019, global central banks net interest rate cuts (hikes minus cuts) has reached a level not seen since the Global Financial Crisis. The main reason behind that was the global economic slowdown. The most common measure of economic activity (although not the most accurate), the world GDP annual growth fell to 2.9% last year, the lowest rate since the crisis. I am referencing GDP to give some sort of perspective. The fact is that most central banks in conducting their policies focus on inflation rate or inflation expectations as well as the labor market conditions.
In any case, as a result of the slowdown, we experienced the most synchronized easing cycle in a decade. Are governors' fearing of the repeat of 2007-2009?
As it is shown in the above chart, almost 60% of global central banks have cut rates till the end of Q3 2019. As I mentioned in the first paragraph, they've also returned to massive money printing and its injections to the financial system. You can call it whatever you want (QE Infinity, QE4, Not QE, etc.) The reality is that the value of total assets of the four major Central Banks have started rising again.
As of November 2019, the total assets of the Federal Reserve (Fed), European Central Bank (ECB), Bank of Japan (BOJ) and People's Bank of China (PBOC) have reached $19.7 trillion.
To better understand what happened a year ago, let's go back in time to December 2018. Jerome Powell, the first Federal Reserve President for 40 years with no Ph.D. in economics but with abundant professional experience, along with his colleagues has probably gone one step too far in normalizing (rate hikes, bringing assets to pre-crisis level) US monetary policy or at least in its communication.
On December 19, 2018, the Fed hiked interest rate (Fed Funds Rate) by 0.25% from 2.25% to 2.5%, projecting two additional raises in 2019 (down from three forecasted earlier). That was a four rate hike in 2018.
In addition, while delivering speech during the press conference after the rate hike announcement, Powell said that the Fed balance sheet run off (reduction in the size of total assets, also called Quantitative Tightening) is on "autopilot".
"We thought carefully about how to normalize policy and came to the view that we would effectively have the balance sheet run off on automatic pilot and use monetary policy, rate policy to adjust to incoming data. I think that has been a good decision. I think that the runoff of the balance sheet has been smooth and has served its purpose and I don't see us changing that."
Those words together with the rate hike and further guidance have definitely exacerbated ongoing (since the beginning of October) market turmoil. For clarification, hearing that the non-tested policy, in the form of Quantitative Tightening, is on autopilot is rather shocking for investors and brings a lot of uncertainty, especially considering that the Fed was shrinking its balance sheet by $50 billion a month.
In effect, the Dow Jones Industrial Average (DJIA) recorded its biggest weekly loss in more than a decade. In turn, on 24th Dec the S&P 500 entered a bear market territory on an intraday basis (more than 20% loss) and closed the day just above that, technically avoiding a bear market.
The yellow line on the chart shows the S&P 500 index, while the gray the Dow Jones.
As a result of those declines, both indexes finished the year with the largest annual losses since 2008. It could be even worse if not the rescue from Trump's "Great opportunity to buy" speech as well as the historic call between Treasury Secretary Steven Mnuchin and the Plunge Protection Team. On the year the S&P 500 fell -6.2%, the DJIA -5.6%, while the Nasdaq Composite (technology index), lost 3.9%.
Fourth-quarter of 2018 has shown, therefore, the first clear signs that the Fed probably overtightened. Those signals was not only from the stock market which is widely believed that the Fed cares about the most but also from the bond market. I would like to emphasize that the bond market is the one that the Federal Reserve watches the most closely. I also think that its bubble is much bigger than in stocks and eventual massive defaults would lead to a complete massacre. Nothing surprising then that the Fed panicked and fully changed its policy course after Q4.
One example of what could hit the US monetary policymakers was the high-yield corporate bond market (high yield is below BBB credit rating - regarded as very risky) where there have been no bond issuances for 41 days starting in November, ending on January 10. That was the longest period of the high-yield bond market freeze in the entire history! The reason of that market drought was mainly the lack of investors' demand as the effect of high volatility and the Fed policy tightening.
While the junk bond market freeze continued at its best then came January 4, 2019, when three Federal Reserve leaders — current Chairman Jerome Powell and his immediate past predecessors Janet Yellen and Ben Bernanke were speaking and answering questions at the American Economic Association's annual meeting in Atlanta.
At the beginning of the conference, the host said interesting, half-joking words: "In short, if you believe that United States monetary policy has been good over the last 15 years, 20 years, you have them to thank. If you think it has been bad, you have these three people to blame."
Although very likely that the Fed's Powell had prepared his answers before the conference, he took some of these words to heart because what he said after would be considered as the historical pivot in the modern monetary policy. First, he said that the Fed "wouldn't hesitate" to change its policy if the balance sheet reduction was a problem. Thus, he simply pulled back the 'autopilot' comment made in mid-December. He also said that the Fed “will be patient” in terms of the monetary policy, putting further rate hikes on hold.
As a result of Powell's words together with the strong US job report, three main stock market indices (the S&P 500, Dow Jones and Nasdaq) in the US rallied more than 3% on that day.
The remaining part of the year was related to more monetary easing by the Fed as the economy was slowing further. On March 20, 2019, the Fed announced that they plan to finish their experiment called Quantitative Tightening (QT), the process of unwinding the central bank's balance sheet in September. So, it became clear that the US economy is not able to