{"id":36770,"date":"2022-09-05T21:00:00","date_gmt":"2022-09-05T19:00:00","guid":{"rendered":"https:\/\/www.11onze.cat\/?p=36770"},"modified":"2022-09-09T12:03:58","modified_gmt":"2022-09-09T10:03:58","slug":"james-sene-not-telling-people-truth","status":"publish","type":"post","link":"https:\/\/www.11onze.cat\/en\/magazine\/james-sene-not-telling-people-truth\/","title":{"rendered":"James S\u00e8ne: &#8220;They\u2019re not telling people the truth&#8221;"},"content":{"rendered":"<div class=\"component text\">\n  <div class=\"container\">\n\n\n    <div class=\"row\">\n      <div class=\"col  col-lg-8  offset-lg-2\">\n        <h3><b>In this episode of \u2018Ens Interessa\u2019 we discuss the international economic context with James S\u00e8ne, president of 11Onze. The first in a series of two podcasts on the course of the recession, where we analyse the causes of the current crisis, the discourse of the media and the proposals made by 11Onze.<\/b><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">For more than a year now, 11Onze has been warning that the economic forecasting indices indicated that we were heading towards<\/span><b> an unprecedented global financial crisis and a possible collapse of the international financial system<\/b><span style=\"font-weight: 400;\">. Unfortunately, it seems that the most catastrophic forecasts are coming true, leaving a bleak economic scenario in Europe.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As S\u00e8ne explains, &#8220;<\/span><b>people are feeling the effects of everything we have been saying, which seemed catastrophic, but has become true\u201d<\/b><span style=\"font-weight: 400;\">. Public debt that has reached record highs, runaway inflation that was supposed to be temporary but has become chronic, and the inevitable rise in the cost of credit, all point to an imminent global recession.<\/span><\/p>\n\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<div class=\"component gallery\">\n  <div class=\"container\">\n    <div class=\"row\">\n      <div class=\"col col-lg-10 offset-lg-1\">\n        <div id=\"slider\" class=\"carousel slide\">\n          <div class=\"carousel-inner\">\n            <div class=\"carousel-item active video-player inline-player\" data-video-id=\"6311933732112\">\n              <img decoding=\"async\" class=\"d-block w-100\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2022\/09\/VISUALS_PODCAST_IMAGE_VIDEO_BLOCK_PSN_JAMES-scaled.jpg\" alt=\"\">\n              <button type=\"button\" class=\"play\"><\/button>\n              <div class=\"carousel-caption\">\n                <p>Episode 19 | The course of the recession (I)<\/p>\n              <\/div>\n            <\/div>\n          <\/div>\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n<div class=\"component text\">\n  <div class=\"container\">\n\n\n    <div class=\"row\">\n      <div class=\"col  col-lg-8  offset-lg-2\">\n        <h3><b>Rhetoric that doesn&#8217;t fit reality<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">When it comes to finding solutions to deal with the economic blow that many families are suffering, some &#8216;experts&#8217; recommend increasing consumption following the trend of &#8216;<\/span><a href=\"https:\/\/www.11onze.cat\/en\/magazine\/decline-bnpl-business-model\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Buy Now, Pay Later<\/span><\/a><span style=\"font-weight: 400;\">&#8220;. But are we really solving the problem or making it worse? As 11Onze\u2019s president points out, &#8220;this is increasing debt, <\/span><b>creating debt to consume is exactly the wrong thing to do<\/b><span style=\"font-weight: 400;\">&#8220;.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the other hand, the political class and the media seem to be <\/span><b>more interested in serving their own interests than the public interest<\/b><span style=\"font-weight: 400;\">. It seems that the excuse of the conflict in Ukraine is used to justify any economic calamity and to avoid political responsibilities. &#8220;The press has a responsibility in all this, if I were editor-in-chief of some newspaper, I wouldn&#8217;t sleep, because they are not telling people the truth,&#8221; says S\u00e8ne.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>If you want to discover the best option to protect your savings, enter <\/b><a href=\"https:\/\/serveis.11onze.cat\/en\/preciosos-11onze\" target=\"_blank\" rel=\"noopener\"><b>Preciosos 11Onze<\/b><\/a><b>. We will help you buy at the best price the safe-haven asset par excellence: physical gold.<\/b><\/p>\n\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<div class=\"component cards\">\n  <div class=\"container\">\n    <div class=\"row\">\n      <div class=\"col col-xl-8 offset-xl-2\">\n        <h1>If you liked this article, we recommend you read:<\/h1>\n        <div class=\"cards__wrapper\">\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/2022-year-big-crisis\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2022\/01\/VISUALS_PODCAST_THUMBNAIL_PSN_JAMES.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Economy<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>2022: the year of the big crisis<\/strong><\/p>\n              <span class=\"card-time\">6 min read<\/span>\n              <p class=\"card-text small\">The scenario we will face in 2022 can be scary.<\/p>\n            <\/div>\n          <\/div>\n\n\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/hurricane-calamities\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2022\/08\/THUMBNAIL_HURACA_CALAMITATS.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Economy<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>The hurricane of calamities<\/strong><\/p>\n              <span class=\"card-time\">3 min read<\/span>\n              <p class=\"card-text small\">The energy crisis, runaway inflation, record public debt and<\/p>\n            <\/div>\n          <\/div>\n\n\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/diversify-savings-crisis-looms\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2021\/10\/THUMBNAIL_IMPORTANCIA_DIVERSIFICAR_ESTALVIS-800x534.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Savings<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>Diversify your savings as the crisis looms<\/strong><\/p>\n              <span class=\"card-time\">6 min read<\/span>\n              <p class=\"card-text small\">Renowned economist Robert Kiyosaki has predicted \u201ca<\/p>\n            <\/div>\n          <\/div>\n\n              <\/div>\n              <br>\n              <br>\n              <div class=\"cards__wrapper\">\n\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":71,"featured_media":24363,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[1],"tags":[188],"class_list":["post-36770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-11onze-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>James S\u00e8ne: \u201cThey\u2019re not telling people the truth\u201d - 11Onze<\/title>\n<meta name=\"description\" content=\"&quot;They are not telling people the truth&quot;, James S\u00e8ne. We spoke to the president of 11Onze to analyse the international economic crisis, the media discourse and the proposals by 11Onze.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.11onze.cat\/en\/magazine\/james-sene-not-telling-people-truth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"James S\u00e8ne: \u201cThey\u2019re not telling people the truth\u201d - 11Onze\" \/>\n<meta property=\"og:description\" content=\"&quot;They are not telling people the truth&quot;, James S\u00e8ne. 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