Debt Rattle July 4 2019

 

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  • #48363

    Pablo Picasso Still life 1936   • Trump Says US Should Start Manipulating The Dollar (AP) • China Says Existing US Tariffs Must Be Removed For A
    [See the full post at: Debt Rattle July 4 2019]

    #48364
    V. Arnold
    Participant

    Oh thank you for not doing the Usian 4th of July thingy…
    My parents were married on the 4th of July; and my wife and I met (here) on July 4th.
    Pretty cool 4th, eh?

    #48365

    V. Arnold

    But where are the tanks?

    #48366
    V. Arnold
    Participant

    Oh, we didn’t need tanks…
    😉

    #48367
    ₿oogaloo
    Participant

    Tankards, not tanks.

    #48368
    John Day
    Participant

    http://www.johndayblog.com/2019/07/dependence-day.html
    UN Report says Human Rights Might Not Survive Climate Crisis, a statement that seems bland, since they do not exist in war zones in hot places that have oil and mineral resources, which are extracted for export, as people die.
    The message here is that this is trending. It is not only driven by climate change, but also by resource depletion, and growth of the number of those at “the top”, who can still exert financial claim to resources, energy and products/services.
    That’s us. Act accordingly. Invest in food and energy security. Invest in sustainable community. Be that change!
    https://www.nakedcapitalism.com/2019/07/u-n-report-human-rights-might-not-survive-climate-crisis.html

    Professor Michael Hudson interview on Guns and Butter, with transcript:
    The purpose of a military conquest is to take control of foreign economies, to take control of their land and impose tribute. The genius of the World Bank was to recognize that it’s not necessary to occupy a country in order to impose tribute, or to take over its industry, agriculture and land. Instead of bullets, it uses financial maneuvering. As long as other countries play an artificial economic game that U.S. diplomacy can control, finance is able to achieve today what used to require bombing and loss of life by soldiers…
    ​ ​Dr. Hudson is a financial economist and historian. He is President of the Institute for the Study of Long-Term Economic Trend, a Wall Street Financial Analyst, and Distinguished Research Professor of Economics at the University of Missouri, Kansas City. His most recent books include “… and Forgive them Their Debts: Lending, Foreclosure and Redemption from Bronze Age Finance to the Jubilee Year”; Killing the Host: How Financial Parasites and Debt Destroy the Global Economy, and J Is for Junk Economics: A Guide to Reality in an Age of Deception.​..​
    ​ ​We return today to a discussion of Dr. Hudson’s seminal 1972 book, Super Imperialism: The Economic Strategy of American Empire, a critique of how the United States exploited foreign economies through the IMF and World Bank, with a special emphasis on food imperialism.
    https://www.nakedcapitalism.com/2019/07/michael-hudson-discusses-the-imf-and-world-bank-partners-in-backwardness.html

    Here is Liberty Garden, a gardening plan for climate zone 8a (and similar) which I developed and use, and posted on July 4 2016.
    http://www.johndayblog.com/2016/07/liberty-garden-central-texas-climate.html

    No fireworks from this US Provocation of Iran. Would you want to be assigned to this flight?:
    Today (7/3/19) a manned U.S. reconnaissance plane entered Iranian airspace in a clear attempt to provoke Iran into shooting it down. Such an incident would have created an occasion for Trump to give the American people a special 4th of July fireworks.
    On July 3 1988 the guided missile cruiser USS Vincennes shot down the civil Iranian Flight 655 with 290 people on board. The U.S. claimed that the plane’s transponder was signaling an Iranian military identification code, that it was seemingly attacking the Vincennes, that the ship warned the plane 12 times, and that the ship was in international waters when the incident happened.
    The crew of the Vincennes received medals for killing the Iranian civilians.
    This morning the U.S. spy plane willingly penetrated Iranian airspace. It squawked a fake code which showed ill intention. This happened on the 31st anniversary of Flight 655. The Iranian military would certainly still like to take revenge for that mass murder. It was a huge provocation likely intended to lure Iran into shooting it down.
    Trump recently threatened to ‘obliterate’ some areas of Iran should it attack “anything American”
    https://www.moonofalabama.org/2019/07/on-eve-of-4th-of-july-parade-us-attempts-to-lure-iran-into-shooting-down-another-us-plane.html#more

    Trump might swap (rapture) Mike Pence out and run with Tucker Carlson.
    (That would mean that Trump has enough political power to put somebody in who would have about the same policies if Trump died in office. It would imply a second term of consolidated political power and more freedom of action than he has had to date. It would mean that the old political guard had acquiesced to his position and the faction which supports him.)
    Will President Trump switch up his ticket in 2020? The Wall Street Journal editorial page, bastion of the establishment right, certainly hopes so. A little over a week ago, it called for former ambassador to the United Nations Nikki Haley to replace the dutiful Mike Pence as vice president. But there’s well-placed chatter in Washington that suggests the president will take a different route. Trump does indeed feel he needs VP change, but it is not Nikki Haley he is considering. It is Fox News host Tucker Carlson…
    Carlson, who just turned 50, was with the president on his trip to the Korean demilitarized zone over the weekend. His interview with 45 will air Monday night. This all while Trump’s national security adviser and fierce Carlson foe, John R. Bolton, was exiled, literally, to outer Mongolia. In some ways, Trump has already made the move, ex officio.
    https://spectator.us/vice-president-tucker-carlson/

    Monster, by Steppenwolf, today’s appropriate 50 year old song.
    John Kay is 75 now, born in Germany, as his part was becoming Russia, in April 1944.
    Mom ran with him, and ran, and ran…

    #48369
    anticlimactic
    Participant

    NO DEAL BREXIT

    The UK has a military budget greater than Russia and is using it to be a pathetic US ‘mini-me’. It has just committed an act of war against Singapore by seizing one of its’ oil tankers which was thought to be carrying oil from Iran to Syria. Apart from this it continuously tries to threaten Russia, China and others.

    With a no deal Brexit it has to establish trading relations with the world. Any aggressive act by the UK may end with a ban on any trade by various countries. Also, like the US, the military is in effect funded by debt. Who will fund UK debt?

    I think a no-deal Brexit will end UK militarism. It won’t be able to afford it.

    #48373

    Just published an article -also- on that ship, anti. First time I see a Singapore link mentioned though.

    #48374
    anticlimactic
    Participant

    Re OIL TANKER

    ZerHedge article says the ship has been identified as the Grace 1, a Panamanian-flagged tanker managed by Singapore-based IShips Management Pte Ltd

    #48375

    Guardian:

    Lloyd’s List reported Grace 1 had “a complex ownership chain” and was controlled by Russian Titan Shipping, a subsidiary of TNC Gulf, a Dubai-based shipping company. Executives connected with both companies hold Iranian university and technical qualifications, or list their names in Farsi.

    The 28 members of the ship’s crew were being questioned onboard by Gibraltarian authorities. They were mostly Indian nationals but there were also some Ukrainians and Pakistanis, the territory’s government said.

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