Jun 272022
 
 June 27, 2022  Posted by at 9:11 am Finance Tagged with: , , , , , , ,  Add comments


Henri Matisse Woman with a hat 1905

 

G-7 Unveils $600 Billion Plan to Counter China’s Belt and Road (R.)
Russia Defaults On Foreign Debt For First Time Since 1917 Revolution
Chomsky on the Root Causes of the Russia-Ukraine War (CD)
John Mearsheimer’s Ukraine Crystal Ball (ZH)
Herr Habeck Firehoses Oil & Gas (Vilches)
Pelosi Leads Democrats In Effort To Codify Roe v. Wade Into Law (JTN)
White House: Biden ‘Does Not Agree With’ Expanding The Supreme Court (JTN)
Top Republican Signals 2023 Investigation: Biden ‘Compromised’ By Son (JTN)
NYT Reports On Large CIA ‘Stealth Network’ Of Spies & Commandos In Ukraine (ZH)
Covid’s Infection Fatality Rate Now Same as Seasonal Flu (DS)
Taibbi Talks Reaction To Him Reviewing ‘What Is A Woman’ (DW)

 

 


“Pfizer regional sales leaders”

 

 

 

 

 

 

 

 

Too late.

G-7 Unveils $600 Billion Plan to Counter China’s Belt and Road (R.)

Group of Seven leaders (G-7) on Sunday pledged to raise $600 billion in private and public funds over five years to finance needed infrastructure in developing countries and counter the Chinese regime’s Belt and Road project. U.S. President Joe Biden and other G-7 leaders relaunched the newly renamed “Partnership for Global Infrastructure and Investment,” at their annual gathering being held this year at Schloss Elmau in southern Germany. Biden said the United States would mobilize $200 billion in grants, federal funds, and private investment over five years to boost infrastructure development in lower- and middle-income nations. The United States says the G-7 backed effort promotes responsible investments that aim to benefit the communities they are made in.

“I want to be clear. This isn’t aid or charity. It’s an investment that will deliver returns for everyone,” Biden said, adding that it would allow countries to “see the concrete benefits of partnering with democracies.” Biden said hundreds of billions of additional dollars could come from multilateral development banks, development finance institutions, sovereign wealth funds, and others. Europe will mobilize 300 billion euros for the initiative over the same period to build up a sustainable alternative to the Chinese regime’s Belt and Road Initiative scheme, which Chinese leader Xi Jinping launched in 2013, European Commission President Ursula von der Leyen told the gathering.

The leaders of Italy, Canada and Japan also spoke about their plans, some of which have already been announced separately. French President Emmanuel Macron and British Prime Minister Boris Johnson were not present, but their countries are also participating. The Chinese communist regime’s Belt and Road scheme involves development and programs in over 100 countries.

Read more …

This is just too stupid. Richard Werner says it best:

“The US adopts yet another pro-Russia policy that strengthens Russia at the expense of the West: Russia is told it doesn’t have to service its debt. Normally the IMF enforces foreign debt to protect US investors, pushing foreign countries hard to pay up.”

Russia Defaults On Foreign Debt For First Time Since 1917 Revolution

Russia has defaulted on its foreign debt for the first time since the 1917 revolution, according to reports, further alienating the country from the global financial system after sanctions imposed over its war in Ukraine. The country missed a deadline of Sunday night to meet a 30-day grace period on interest payments of $100m on two Eurobonds originally due on 27 May, Bloomberg reported on Monday morning. Some Taiwanese holders of Russian Eurobonds said on Monday that they had not received interest payments due, two sources told Reuters. Official confirmation of the default was expected to come from international ratings agencies.


Russia’s efforts to avoid what would be its first major default on international bonds since the Bolshevik revolution more than a century ago hit a insurmountable roadblock in late May when the US treasury department’s office of foreign assets c (OFAC) effectively blocked Moscow from making payments. “Since March we thought that a Russian default is probably inevitable, and the question was just when,” Dennis Hranitzky, head of sovereign litigation at law firm Quinn Emanuel, told Reuters. “OFAC has intervened to answer that question for us, and the default is now upon us.” While a formal default would be largely symbolic given Russia cannot borrow internationally at the moment and doesn’t need to thanks to plentiful oil and gas export revenues, the stigma would probably raise its borrowing costs in future.

Read more …

“This is a level of hysteria that I have never seen, even during the Second World War, which I am old enough to remember very well.”

Chomsky on the Root Causes of the Russia-Ukraine War (CD)

Soon after the war, “the United States Department acknowledged that they had not taken Russian security concerns into consideration in any discussions with Russia. The question of NATO, they would not discuss. Well, all of that is provocation. Not a justification but a provocation and it’s quite interesting that in American discourse, it is almost obligatory to refer to the invasion as the ‘unprovoked invasion of Ukraine’. Look it up on Google, you will find hundreds of thousands of hits.” Chomsky continued, “Of course, it was provoked. Otherwise, they wouldn’t refer to it all the time as an unprovoked invasion. By now, censorship in the United States has reached such a level beyond anything in my lifetime. Such a level that you are not permitted to read the Russian position.

Literally. Americans are not allowed to know what the Russians are saying. Except, selected things. So, if Putin makes a speech to Russians with all kinds of outlandish claims about Peter the Great and so on, then, you see it on the front pages. If the Russians make an offer for a negotiation, you can’t find it. That’s suppressed. You’re not allowed to know what they are saying. I have never seen a level of censorship like this.” Regarding his views of the possible future scenarios, Chomsky said that “the war will end, either through diplomacy or not. That’s just logic. Well, if diplomacy has a meaning, it means both sides can tolerate it. They don’t like it, but they can tolerate it. They don’t get anything they want, they get something. That’s diplomacy.

If you reject diplomacy, you are saying: ‘Let the war go on with all of its horrors, with all the destruction of Ukraine, and let’s let it go on until we get what we want.'” By ‘we,’ Chomsky was referring to Washington, which simply wants to “harm Russia so severely that it will never be able to undertake actions like this again. Well, what does that mean? It’s impossible to achieve. So, it means, let’s continue the war until Ukraine is devastated. That’s US policy.” Most of this is not obvious to western audiences simply because rational voices are “not allowed to talk” and because “rationality is not permitted. This is a level of hysteria that I have never seen, even during the Second World War, which I am old enough to remember very well.”

Read more …

Consistent.

John Mearsheimer’s Ukraine Crystal Ball (ZH)

A new talk by Professor John J. Mearsheimer has recently been made public, wherein the famous author and political science theorist details the causes and consequences of the Ukraine war. Mearsheimer became more well-known, and “controversial” in establishment circles, after it emerged that he clearly predicted going back to 2014 the war which kicked off in Feb. 2022. He had said in a 2014 University of Chicago lecture, “The West is leading Ukraine down the primrose path and the end result is Ukraine is going to get wrecked.” This tragedy for the Ukrainian people is playing out now, with little hope that now totally defunct Russia-Ukraine ceasefire talks will halt the fighting. Other than efforts of France’s Macron, attempts at basic diplomacy and direct communications are all but dead.

As the lecture intro describes: Prof. Mearsheimer focused on both the origins of the war in Ukraine and some of its most important consequences. He argues that the crisis is largely the result of the West’s efforts to turn Ukraine into a Western bulwark on Russia’s border. Russian leaders viewed that outcome as an existential threat that had to be thwarted. While Vladimir Putin is certainly responsible for invading Ukraine and for Russia’s conduct in the war, Prof. Mearsheimer states that he does not believe he is an expansionist bent on creating a greater Russia.

Regarding the war’s consequences, the greatest danger is that the war will go on for months if not years, and that either NATO will get directly involved in the fighting or nuclear weapons will be used — or both. Furthermore, enormous damage has already been inflicted on Ukraine. A prolonged war is likely to wreak even more devastation on Ukraine. Mearsheimer calls the war an “unmitigated disaster” and with “no end in sight” – for which he lays chief blame on the West. Lately student groups at the University of Chicago, as well as some pundits within the mainstream media, have sought to censor his views and “cancel” him – despite that he’s been on record and consistent in his predictions and views for years.

Read more …

Oil refinery is a tricky business. Changes take time. Europe does not have time.

Herr Habeck Firehoses Oil & Gas (Vilches)

One way to begin to understand the problem is agreeing and accepting that European Commission President Ursula von der Leyden made a historical bad joke, by saying “ The EU will make sure to phase out Russian oil in an orderly fashion to allow us and our partners to secure alternative supply routes minimizing the impact on global markets”. Nope, you can´t do that in 6 months Ursula, if ever. So if you accept that´d be absolutely impossible then you are on the right track to understand the rest. Otherwise you´d be just playing games running around in circles. Hint: it´d be like trying to change the engine oil while cruising at 150 km/hr on a German autobahn. Of course, you can stop the car and change the oil, but in this case it would mean shutting down Europe for months. You cannot do that, can you ?


By any standards, there are definitely not enough adequate oil blends around to come close to satisfying European refinery requirements comparable to homogenous continuous over-abundant constant Russian high-quality Urals which the EU now has decided to ban. And also please accept once and for all that a specific oil blend is not just “any oil blend” to be plugged & played anywhere anytime. Oil blends are not fungible. A very specific refinery or processing plant tune-up needs to be specifically matched with an always constant high-quality homogenous oil blend in large enough quantities and for a given desired output such as diesel fuel, or whatever. No “open architecture” is possible here, that´s just for IT nerds, not for refineries. And definetly there are no vendors all lined up happily willing and able to sell you their oil blend in unlimited quantities already fully adapted to whatever plant you may have ´as-is´ for whichever desired production output you may need delivered just-in-time on-demand and only when you need it.

Read more …

How long has she been in DC? Last chance to use abortion to get votes, Nancy

Pelosi Leads Democrats In Effort To Codify Roe v. Wade Into Law (JTN)

House Speaker Nancy Pelosi is vowing to fight in Congress to codify Roe v. Wade after the Supreme Court overturned the landmark decision. “Democrats will keep fighting ferociously to enshrine Roe v. Wade into law of the land,” Pelosi said. “This cruel ruling is outrageous and heart wrenching.” The California Democrat called the decision a “slap in the face to women about using their own judgment to make their own decisions about their reproductive freedom.” Democrats have tried to codify Roe v. Wade into law in the past, but it has never passed Congress. In September, the Democrat-led House passed the Women’s Health Protection Act, but the bill didn’t move forward in the Senate.

After the draft opinion of the Supreme Court’s decision overturning Roe v. Wade leaked in May, Democrats in the Senate tried to pass legislation to codify Roe, but Republicans were able to block the measure. Realizing they lack the votes to codify a right to abortion into law in the 50-50 Senate, Democrats are calling on their base to mobilize and vote in November. “This fall, Roe is on the ballot,” President Biden said at the White House on Friday. “Personal freedoms are on the ballot. The right to privacy, liberty, equality they’re all on the ballot. Until then, I will do all in my power to protect a woman’s right in states where they will face the consequences of today’s decision.”

Pelosi also said Roe v. Wade is “on the ballot in November.” Senate Majority Leader Chuck Schumer said the decision to overturn Roe “makes crystal clear the contrast” between both parties as the November elections approach. “Elect more MAGA Republicans if you want nationwide abortion bans, the jailing of women and doctors and no exemptions for rape or incest,” Schumer said. “Or elect more pro-choice Democrats to save Roe and protect a woman’s right to make their own decisions about their body, not politicians.”

Read more …

Done.

White House: Biden ‘Does Not Agree With’ Expanding The Supreme Court (JTN)

The White House on Saturday confirmed that President Joe Biden has no desire to expand or pack the Supreme Court in the wake of the Court’s unprecedented repeal of Roe v. Wade earlier this week. Asked by reporters on Air Force One while en route to Munich about the possibility that Biden might move to add more justices to the Court amid the fallout from the ruling, White House Press Secretary Karine Jean-Pierre said on Saturday: “I was asked this question yesterday, and I’ve been asked it before…about expanding the Court. That is something that the President does not agree with.” “That is not something that he wants to do,” she added.


Progressives have argued that packing the Court with more justices could offer Democrats a remedy to the strong conservative majority the institution currently enjoys. President Donald Trump appointed three justices during his administration, all of whom are seen as reliably conservative votes on the bench. Though she said Biden has no plans to pursue such an agenda, Jean-Pierre on Saturday did take time to slam the court’s overturning of Roe v. Wade, which eliminated the half-century-old federalization of abortion rights first implemented in 1973. “It’s so out of step not only with this decision, but it’s also so out of step with the Constitution,” she argued.

Read more …

They’ll hit the ground running.

Top Republican Signals 2023 Investigation: Biden ‘Compromised’ By Son (JTN)

Some conservatives have fretted the four years it has taken federal prosecutors to investigate Hunter Biden’s business dealings. But make no mistake, the man most likely to run the main House investigative committee if Republicans win control of Congress next year is determined to document how President Joe Biden’s foreign policy has been compromised by his son’s infamous wheeling and dealing. “We feel that Hunter Biden is a national security threat,” Rep. James Comer (R-Ky.) told Just the News in a wide-ranging interview Friday laying out his priorities if he becomes chairman of the House Oversight and Reform Committee. “We’ve been poring over his financial records for many weeks now, and it’s troubling.

“So we’ve got a lot of questions about Hunter’s business dealings and questions for Biden administration officials to determine if thepresident is in fact compromised because of Hunter’s shady business dealings.” Comer was asked whether the evidence he has seen shows the president’s son ran “an influence peddling scheme” that sold access to his father to foreigners. “There’s no question,” he answered. “That was confirmed with the recent tape that emerged last week from the laptop that showed that Hunter Biden said that, you know, his dad would do anything he asked him to do,” said Comer. “I think that was the sales pitch that Hunter would make to the questionable shady figures in Russia who he received compensation from, the shady, questionable figures in communist China he would receive payments from, and those in Ukraine and Africa and everywhere else around the world.”

“No one would think that anyone wanted to do business with Hunter Biden because of his stellar resume or his record of achievement,” Comer added. “It was because his last name was Biden. And his father was the vice president of the United States.” Comer said the House oversight committee’s job wouldn’t be to focus on whether Hunter Biden evaded taxes, an issue already under investigation by federal prosecutors since late 2018, but rather on what government or policy favors countries and players got for paying the presidential son, including for a recent set of paintings.

Read more …

“..directing much of the vast amounts of intelligence the United States is sharing with Ukrainian forces..”

NYT Reports On Large CIA ‘Stealth Network’ Of Spies & Commandos In Ukraine (ZH)

A fresh New York Times report has confirmed what many already suspected – that the CIA is still very active inside Ukraine – especially with training as well coordinating weapons among its Ukrainian allies. The Times report details “a stealthy network of commandos and spies rushing to provide weapons, intelligence and training,” based on US and European intelligence officials with knowledge of the operations. The report says Ukrainian forces are reliant on this Western clandestine network “more than ever” while outgunned by the Russians. This comes months after investigative journalist Zach Dorfman’s bombshell expose in Yahoo News which detailed how a prior 8-year long CIA covert program to train Ukrainian fighters helped provoke the Russian invasion. The only question that remained after that March report was the extent to which the CIA was still active in the ongoing fight against the invading Russians.

The new Times reporting confirms that the US program is not only active and ongoing, but appears larger in scale than previously thought given the CIA’s close cooperation with the Ukrainians is happening both inside and outside the country, across multiple locations. “Much of this work happens outside Ukraine, at bases in Germany, France and Britain, for example. But even as the Biden administration has declared it will not deploy American troops to Ukraine, some C.I.A. personnel have continued to operate in the country secretly, mostly in the capital, Kyiv, directing much of the vast amounts of intelligence the United States is sharing with Ukrainian forces, according to current and former officials,” the report indicates.

It appears much the CIA’s work in Ukraine is centered on coordinating intelligence with local intel services and counterparts. “Few other details have emerged about what the C.I.A. personnel or the commandos are doing, but their presence in the country — on top of the diplomatic staff members who returned after Russia gave up its siege of Kyiv — hints at the scale of the secretive effort to assist Ukraine that is underway and the risks that Washington and its allies are taking,” NY Times continues. Over the weekend, Canada also has been reported to have special operations troops inside Ukraine. This was reported months ago, but with a separate NYT report offering further confirmation. “Both CTV and Global News reported in late January that Canadian special forces had been sent to Ukraine, but National Defence did not comment on that deployment,” Ottawa Citizen writes Sunday.

Read more …

“..the Government is right not to be concerned and has come to the conclusion that there is no need for restrictions.”

Covid’s Infection Fatality Rate Now Same as Seasonal Flu (DS)

Death rates from Covid are lower than ever, according to an analysis by Professor Carl Heneghan and Dr Jason Oke carried out for the Mail on Sunday. The IFR is now ~0.0333%, similar to seasonal influenza. “Experts say there is little need to fear a recent surge in cases as fewer than one in 3,000 infected people now dies from coronavirus – with the rate even lower for the vaccinated. The analysis of official data by Oxford University shows the ‘infection fatality rate’ has dropped about 30-fold since the pandemic began due to a combination of vaccine protection and naturally acquired infection.


Professor Carl Heneghan of Oxford’s Centre for Evidence Based Medicine, who carried out the analysis with statistician Jason Oke, said: “There have been an astonishing number of Covid infections so far this year, but deaths have come down. “Now we are looking at an infection fatality rate for Covid of around one in 3,000 which is comparable with seasonal influenza. That’s why the Government is right not to be concerned and has come to the conclusion that there is no need for restrictions.”

Read more …

“..as the Left radicalized, and Taibbi stayed the same, the journalist found himself in a new space.”

Taibbi Talks Reaction To Him Reviewing ‘What Is A Woman’ (DW)

Old-school liberal investigative journalist Matt Taibbi told Ben Shapiro on this week’s episode of “Sunday Special” that he “lost friends” for merely reviewing Matt Walsh and The Daily Wire’s groundbreaking documentary, “What is a Woman?” Taibbi was a star writer at “Rolling Stone” magazine and beloved by the elite liberal media, but as the Left radicalized, and Taibbi stayed the same, the journalist found himself in a new space. Like, for example, sitting down for a lengthy conversation with one of the most prominent conservative figures in American politics — and seeing a lot of agreement. “The response was unbelievable, just for reviewing the movie — forget about what I said about it,” Taibbi told Shapiro about his review.

“I lost friends over that. There were people who I’ve known for decades who basically said I’m a transphobe and I’m … out of their loop.” Taibbi explained that he first noticed an unwillingness from the Left even to discuss the transgender issue before he chose to review The Daily Wire documentary. “With the trans issue, there would be some people who would talk to me, and then there would be some people who were furious that you even called, would refuse to have any kind of discussion, would call you a transphobe for even asking certain kinds of questions — and this is before you even have a point of view on the subject,” he said, recalling a time he tried to gather quotes for a story. “I thought that was odd.”

Taibbi noted that this was a rehash of what he witnessed as a journalist in 2016 when reporting on former President Donald Trump. He recalled including a quote from a pro-union lifelong Democrat who said he voted Republican for the first time, for Trump, because he felt lied to about the North American Free Trade Agreement, or NAFTA. The pushback from the leftist media community told Taibbi he wasn’t allowed to report or say true things if they went against the greater narrative. Taibbi didn’t abide by the leftist media rules with Trump and didn’t with the trans issue, either. Though, he admitted, the trans issue pushback did give Taibbi a momentary pause. “I had kinda tried to stay away from the issue. It’s complicated, and I try to stay away from issues I don’t know a whole lot about,” he said.

Read more …

 

 

 

 

 

 

 

 

 

 

 

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Home Forums Debt Rattle June 27 2022

Viewing 40 posts - 1 through 40 (of 42 total)
  • Author
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  • #110472

    Henri Matisse Woman with a hat 1905   • G-7 Unveils $600 Billion Plan to Counter China’s Belt and Road (R.) • Russia Defaults On Foreign Debt For
    [See the full post at: Debt Rattle June 27 2022]

    #110473
    Germ
    Participant

    “Why is everyone in Sweden sick and coughing the worst at the same time?” asks a Swede ” VAIDS !

    Expert puzzles – Mysterious cough disease keeps Sweden in suspense

    🤡☠️☠️☠️🤡

    #110474
    Germ
    Participant
    #110475
    Germ
    Participant

    “Jack Last died of a blood clot days after Covid jab, inquest told”

    https://www.bbc.co.uk/news/uk-england-suffolk-61924898

    🤡☠️☠️☠️🤡

    #110476
    V. Arnold
    Participant

    Henri Matisse Woman with a hat 1905

    Beautiful Matisse; but, there is no joy in her eyes; and her mouth is turned down in a subdued frown…

    These days the jerks/people in power are are are hell, I don’t know…insane ? ……………………
    The main point is”every humane for themselves………………

    #110477
    Germ
    Participant

    “How I’m treating my COVID”

    https://stevekirsch.substack.com/p/how-im-treating-my-covid

    He’s admitted that he’s taken the Death Vaxx, and now he’s infected with the viral Bio weapon. He knows well the dangers of a post Death Vaxx SARS-Cov-2 infection and has rightly decided to “throw the kitchen sink at it”. He’s attempting to both destroy the virus, up regulate his immune system and clear his body of spike protein. Seems sensible.

    #110479
    Dr. D
    Participant

    Twitter supports killing black people: “Twitter Just Fine with Assassination Threats against Justice Clarence Thomas. The tweet “hasn’t broken our safety policies.” ISIS didn’t break their policies either, but jokes at Babylon Bee? Well I say!

    EU supports killing black people: “EU Says Africa Should Stop Buying Russian Fertilizer”

    Yeah buying fertilizer is silly: clearly they should starve themselves instead over yet another stupid European war.

    Media – The End of the European Colonial Powers, The Tyranny of Physics

    Both the article, and the interviews are worth having.

    “Today we are looking at a situation where an entire continent’s leadership is in the process of committing ritualistic suicide and yet is obsessed with portraying these self-inflicted wounds to the world as Russian President Vladimir Putin’s fault.

    A common trait among all malignant narcissists is the inability to take any responsibility for their own actions, seeking to always shift blame onto someone else. You see this behavior in children. And it only manifests itself in adulthood because the parents refused to put any boundaries on the child or inflict any consequences on them. Look at Europe’s leaders today and to a person, man or woman, there is not one shred of self-reflection …”

    As I say constantly, but like children of alcoholic parents, they seem incapable of realizing this is not normal and not okay. They are abso-nutso, and harmful.

    Home Showings Across US Plunge 24%, Mortgage Rates Remain Elevated”

    More abuse. Each time they do it faster and harder. However, if you can thread the needle running contrary, it’s a strong opportunity.

    Here’s a good one:

    Zugzwang*

    “The West pursues a “let’s see how it goes” ‘strategy’, or in other words, no real strategy at all … a cult of unrelenting, untethered, positive spin has asphyxiated mainstream critical faculties. How is it that the West, awash with ‘think-tanks’, invariably gets it so wrong? Why is it that facile memes and illusions, posing as geo-politics, get little or no challenge? Compliance to official and mainstream narratives is all. It is baffling to observe

    Or not. This is what you get when you lie to yourself every day since birth. And are on drugs. And when it’s “violence” to point that out using words.

    “EROI of greater than a multiple of 7 is required for modern society to function. … [the] West scrambling around the world looking for cheap alternatives that won’t ‘break the bank’. Alas, they are scant. What is the geo-political implication? In a word, extreme systemic fragility.”

    Except everything here is false. There are at least two whole nations with generations of EROI available: Russia and Iran. Likely there are several others. It’s not “System fragility”: it’s YOUR system fragility. Since Russia and Iran have limitless oil under 7:1, they’ll be fine. You won’t. And therefore YOU will collapse while they remain perfectly strong, doing whatever they want in their own way without you. YOU ARE NOT THE WORLD. You’re not “indispensible” or even important. You’re ordinary. When you destroy yourselves and your culture, no one will notice or remember any more than we remember the Ashanti Empire or the Mohicans.

    “taking a hammer to a complex network…The social pain will be immense.”

    Your pain isn’t special. It’s ordinary. Nobody cares but you. Nobody has to make way for you. It doesn’t have to get solved unless you do the work and solve it.

    Lagarde of the ECB states: “We have inflation under control”. … were just talking points severed from all reality. This ECB event however, has a major geo-political significance. …the ECB is being exposed as having no credible tools ”

    Yes, the Erasing of Europe as relevant. As meaningful or having any power. And immediately thereafter, as having any wealth or influence, no control over her direction or outcome. No longer the Actor of history, they have abdicated to become the Object of history. They have given up every value that caused success, then wonder why success stopped. Or rather they were painstakingly engineered to give up every value…

    Article then comments on the Fed attacking to kill the EU, a theory which is gradually gaining universal acceptance. This is Alistair Crooke, who I believe is the UK diplomat who vowed from Wikileaks the DNC emails were not hacked, but leaked. He’s been seen elsewhere. “Strategic Culture” is a Russia-based thinktank.

    G-7 Unveils $600 Billion Plan to Counter China’s Belt and Road (R.)”

    No one can participate in the $600B plan, since the U.S. would just freeze your assets and steal them all. Hunter’s meth dealer is short this week.

    The US adopts yet another pro-Russia policy that strengthens Russia at the expense of the West: Russia is told it doesn’t have to service its debt.”

    Amazing point. And why do you pay your debt? To keep a good credit rating. Russia doesn’t need that credit rating ever again because the West will never lend to them ever again. Who are you protecting? But this is about who takes the blame, and the West made sure they are to blame and Russia tried every honest good faith.

    “Russia Defaults on Foreign Debt for First Time Since 1917 Revolution”

    Because: “The Guardian”, it’s a lie. Russia paid. The European bank they paid won’t disperse the funds. Therefore, Europe and that bank defaulted…but not like anyone cares.

    “Since March we thought that a Russian default is probably inevitable,”

    Yes, because they PLANNED and NEED Russia to default so when Europe collapses into a pile of stupid, they can blame them. Otherwise, it falls on BoJo the Clown and the Schwabinator. They’re super-annoyed it took this long and this much effort.

    “I have never seen a level of censorship like this” says the author of “Manufacturing Consent.” Who lived through McCarthy.

    ““rationality is not permitted. This is a level of hysteria that I have never seen”

    They are in a hebephrenic meltdown, babbling in the corner.
    RussiaRussia

    “John Mearsheimer’s Ukraine Crystal Ball (ZH)”

    The story here, and following Chomsky, is that Mearsheimer is probably THE top strategist, think-tank, THE top most respected diplomat and mind now that Brzezinski is gone. And they censored him like a clown, a putz, a nobody. If you want peace, we’ll shoot you.

    “the President is in fact compromised because of Hunter’s shady business dealings.”

    Don’t slander Hunter: it’s the exact opposite. Joe corralled and forces Hunter to do the corruption for him.

    “NYT Reports On Large CIA ‘Stealth Network’ Of Spies & Commandos In Ukraine (ZH)”

    We are in the war we are not in. Schrodinger’s War. Who are we fooling? Us?

    “Covid’s Infection Fatality Rate Now Same as Seasonal Flu (DS)”

    They keep coming up with vaccines, and I keep saying: against what? Delta’s been gone for nine months.

    Speaking of nostalgia, like the Beatles and Rolling Stones on covers of magazines at the checkout, Antony Bourdain, who’s been gone four years and they’re promoting him more than ever. At this rate, they’ll have monetized him into a commodity for sale of 50 years of residual profits. I don’t know how I feel about that except to say: is nothing going on NOW? No new cooks, new shows, new people? Not that I love the new, but life is for the present. “Be Here Now” or something?

    #110480
    Dr D Rich
    Participant

    God bless Oxford’s Centre for Evidence Based Medicine.

    I must admit I was wrong 2.5 years ago, way wrong. I asserted COVID was a bad flu year and never backed off the assertion.

    Inevitably the Oxford PhDs as they are wont to do with their superior funding and superbly appointed offices determined:

    COVID IS COMPARABLE TO ORDINARY FLU not bad flu.

    I lie down corrected.
    Hat tip to Dr. D

    #110481
    zerosum
    Participant

    Its a simple explanation
    “Pfizer regional sales leaders”
    or
    The Alpha dogs
    Breeding rights
    Territory
    ———
    Easy choice
    and/or

    Belt and Road

    G7, the newly renamed “Partnership for Global Infrastructure and Investment,”
    ———–
    Friendly nations or not
    While a formal default would be largely symbolic given Russia cannot borrow internationally at the moment and doesn’t need to thanks to plentiful oil and gas export revenues, the stigma would probably raise its borrowing costs in future.( from its enemies)

    Read more …
    ———-
    I hope that you are right.
    I’m not ready to settle the estate of my son, daughter-in-law and pre-teen kids.

    • Covid’s Infection Fatality Rate Now Same as Seasonal Flu (DS)

    “Now we are looking at an infection fatality rate for Covid of around one in 3,000 which is comparable with seasonal influenza.
    Fewer than one in 3,000 infected people now dies from coronavirus – with the rate even lower for the vaccinated. The analysis of official data by Oxford University shows the ‘infection fatality rate’ has dropped about 30-fold since the pandemic began due to a combination of vaccine protection and naturally acquired infection.”

    ———–

    #110482
    Oroboros
    Participant

    The Empire of Lies military doesn’t know it’s ass from it’s elbow.

    Their priorities are incoherent.

    I’m sure they’ll do fine going toe to toe with Russian Marines.

    U.S. Navy Releases Absolutely Bizarre Orwellian “Pronoun” Indoctrination Video

    #110483
    Oroboros
    Participant

    Greg Hunter has a nice overview wrap up and it’s a unique twist on a podcast location, he’s giving it in a newly harvested field of wheat in Missouri.

    His comments on fertilizer are enlightening.

    Many farmers have decided not to use fertilizer this year because of the price and will carry on with the natural fertility of their soils and just put up with less yield.

    Cover crops and field rotation and manure will get them by.

    And here’s the interesting math in their thinking.

    Lower yields but the price per bushel has doubled so they can clear the same amount for their crops as fertilized fields with higher yields but lower prices for their wheat cause there’s too much production.

    Interesting way to play it.

    https://rumble.com/v19mm14-dem-desperation-were-they-vaxed-biden-inflation.html

    #110484
    zerosum
    Participant

    Top Dog –
    unexpected consequence

    Sanctions against Russia are leading Latin America to the abyss


    The enormous pressures exerted by the United States for Latin American nations to join the policy of Russophobia that it has imposed on the planet by controlling the main media, could aggravate these problems.
    As a corollary, it can be stated that the string of extortions imposed by the United States, not only on Russia but also on more than 30 countries in the world, are leading several Latin American nations into an abyss.

    #110485

    “My body my choice rally”- worse than the fact that sensible people are censored is that idiots are touted.

    #110486
    zerosum
    Participant

    Anything that is sent into the air by Russia, Ukraine, or anybody else, and causes damage when it lands, is to be labeled, Russian,Russian,Russian.
    All images of destroyed cars, tanks etc. are to be labelled as Ukrainians successes in the war.

    #110487
    jsnyder62@gmail.com
    Participant

    “The US adopts yet another pro-Russia policy that strengthens Russia at the expense of the West: Russia is told it doesn’t have to service its debt.”).

    I expect that the U.S. pension funds, family offices and hedge funds who hold Russian bonds will next commence lawsuit against the U.S. government under the takings clause of the Fifth Amendment to the U.S. Constitution (“Nor shall private property be taken for public use, without just compensation.”). If the FedGov wants to pursue such a policy for geopolitical strategic purposes, all well and good, but it has to pay for the private wealth it is destroying in the process. If memory serves, the precedent already exists that rendering private property worthless without actually taking ownership of it constitutes a “taking.” So not only does Russia get off the hook, the U.S. taxpayer or more accurately the U.S. money printer will now have to pay Russia’s debt to the U.S. citizens who hold it.

    Since the Fifth Amendment like the other amendments applies to “persons,” and is not expressly limited to citizens, I expect that many foreign holders of Russian bonds, including European banks and sovereign wealth funds, will also bring lawsuit under the takings clause. It will be a good time for Constitutional lawyers.

    #110488
    Germ
    Participant

    Update from Geert:

    Start listening at the 20 minute mark if you don’t have much time. He states that BA 4&5 is still evolving and that in 6 to 7 weeks we will see it evolve into a much more deadlier variant crashing the healthcare systems of the world. He said in two months we will be living in a different world.

    You really need to listen from the 38:45 minute mark down to the 52 minute mark where he’s predicting the end of western civilization.

    ☠️☠️☠️

    #110489
    kultsommer
    Participant

    Ten years old debate but interesting to watch from today’s perspective, so I decided to share. Bit long but shed the light to dawn of events that is deeply connected to what we are living through right now. Shows what fine art of gate keeping by the “moderator” and one panelist can do and lead to drum beat of “trust the science”.

    #110490
    Noirette
    Participant

    On, prev. Ilargi post, The World Order has Changed. Xavier Moreau, a military man (plus other..) living in Moscow (dual national F-R), offers v. good weekly or so free milit. bulletins. He also does other topics. He was present at the St. Petersburg Economic Forum meet and says the atmosphere, the zeitgeist, has changed completely. All pandering to the W has gone, W ideals are seen as ‘out’, everyone is getting on with, for lack of better words (not XM’s but mine), constructing a better world. In F. (I am posting a lot about F these days as that is waht I am following and what happens to, or in, the EU alliance matters at present.)

    #110491
    John Day
    Participant

    @Dr D:
    EU says Africa can’t buy Russian fertilizer. “Freedom”
    Africa: “OK, we’ll make fertizlizer ourselves.”
    EU: “Sorry, that is against our environmental policies.
    It’s complicated, but you’ll understand that we can’t allow you to make fertilizer, either.”
    https://www.zerohedge.com/commodities/eu-says-africa-should-stop-buying-russian-fertilizer-shouldnt-make-it-themselves

    #110492
    John Day
    Participant

    @Noirette: Thanks, I saw that yesterday.
    Pre-game party for Golden Ruble and egalitarian world order.

    #110493
    John Day
    Participant

    @Kultsommer: 9/11 WAS the false flag operation, run by Cheney at the big board, getting ris of the Pentagon missing-trillions investigation, the Enron/insider-trading investigation, a whole, whole lot of secret treasury debt created in the late 1980s to sink the USSR, a whole bunch of gold in the WTC basement, a lot of people, a cruise missile into the Pentagon-office-of-navel-intelligence, and those investigators, and anything resembling the rule of law in the US, followed by afghanistan,Iraq, etc.
    “Lucky” Larry Silverstein made out like a bandid on the double-double insurance against terrorist-attacks that he had just taken out on the WTC. Other insider trades did great too, like some big bets against American airlines the evening before.
    Supposedly, and weirdly, Russian intel. knew the whole story, but nobody would listen to them.

    #110494
    John Day
    Participant

    Thanks Germ: I don’t think it’s as bad as Vanden Bossche projects.
    I think it will just be the end of “Western Civilization” (in quotes)

    I’ll look.
    Vitamin-D, Ivermectin, zinc, doxycycline. Gotta wonder about the spike-protein configuration. What tissue will it attack this time? Blood-vessels was a big hit.

    #110495
    John Day
    Participant

    Thanks Germ: I watched it. Lots of blathering. Multiply vaccinated will continue to have weak immune systems/ BA4 and BA5 are in flux and growing, but what they will do in the fall remains to be seen, works in progress, maybe beteen “Omicron” (family) and Delta, for instance.
    Take vitamin-D. Eat veggies, lift weights, have antivirals at the ready.
    I don’t even think “western civ.” will go down…
    It’s our parasitic masters that are still the big threat. “Compassionately killing” us, the best they can.

    Sigh, gardening and working on homestead in 100F+ paradise again today.

    #110496
    John Day
    Participant

    About that $600 billion investment plan. Remember COVID-stimmies?

    “I want to be clear. This isn’t aid or charity. It’s an investment that will deliver returns for everyone,” Biden said

    So let the west invest in YOU, then switch to the “Golden Ruble” system after spending it wisely on useful infrastructure for the near future, and default.
    “He” who laughs last, laughs best…

    #110497
    kultsommer
    Participant

    @ John Day.
    Of course. Debate, bit long but one have to find the time, is especially interesting to watch from decade time gap and see how all progressed where we are now in eerie continuation. I may add it is not only about the desired wars but introduction of control of movement (familiar?) – starting with air travel which, at the time, was mainly out of sight for many ordinary citizens, thus successful and we passed it with flying colors.
    Mr Kay, gate keeper in the “debate”, has a degree in metallurgy, no less.

    #110498
    Germ
    Participant

    CDC Eyes Monkeypox Vaccine for Kids as Outbreak Spreads

    https://time.com/6190759/monkeypox-vaccine-kids/

    #110499
    Germ
    Participant

    “The virus is mutating up to 12 times faster than expected.”.

    https://hiddencomplexity.substack.com/p/monkeypox-may-have-undergone-accelerated

    🤡☠️☠️☠️🤡

    #110500
    Oroboros
    Participant

    Nit Wit German Vice-Chancellor and Economy Minister Robert Habeck:

    German Vice-Chancellor “Drastically Reduces” Time In Shower To Cope With Energy Crisis

    This is the Flower of German Kulture speaking.

    Priorities, Priorities, Priorities

    Russia is quaking in it’s boot at the sight of this ponce.

    “I have drastically reduced the amount of time I spend in the shower, but I am a poor example. As a minister, I earn a salary that others can only dream of. Plus, I come home late, get up at 6 a.m., and am out of the house again by 7. With such a schedule, it’s not necessary to heat in winter. For people working from home, retirees with small pensions, and families, it is a different story.

    “My counterpart from the Netherlands recently told me proudly that they had launched a campaign intended to cut the average showering time from 10 minutes to five. I had to laugh. I have never showered for five minutes in my life. I shower quickly,” he said.

    He dared the Russians to match that!

    #110501
    zerosum
    Participant

    https://www.rt.com/news/557941-iran-brics-argentina-membership/
    Two countries apply to join BRICS
    Iran and Argentina see potential in Brazil-Russia-India-China-South Africa bloc

    #110502
    Veracious Poet
    Participant

    How I viewed 3 out of 4 RNs in my family prior to the Scam-A-Demic:

    Who they actually revealed themselves to be:

    My reaction to the RNs & their lemmings when they ALL got Delta, discovering that their Safe & Effective vexes no worky (didn’t have the heart to tell them about long-term effects):

    My last group text response to the RNs et al.in my family concerning boosters & shooting up their kids:

    P.S. I’ve pre-warned them + wife’s familia re: every crisis since 2000 dot com cra$h, yet most still believe I’m a conspiracy freak ~ My wife even plead with her family to sell & extract equity spring 2006, they lost it all anyways, including equitie $$$ in 2000 & 2008 🙄

    P.P.S One of my nieces, that’s studying for PA school, texted the family group to ignore my warnings about mRNA vex in early 2021, as I “was not educated or licensed in healthcare” (She’s already 300K+ in student debt after a stint/vacay in Hawaii & bailing on her first major (marine biology) during her junior year 🙄 ) ~ Her sister, a “holy” pediatric RN, doubled down on her assessment, then their mother piled in making a pathetically rude comment which I’ve forgotten.

    My response:

    Of course, I’m no longer part of the their family group text 😕

    #110503
    Oroboros
    Participant

    A message from Greta

    .

    #110504
    zerosum
    Participant

    Look ..Look … Its coming to your neighborhood
    https://www.zerohedge.com/geopolitical/sri-lanka-suspends-fuel-sales-amid-economic-collapse-asks-russians-help

    Sri Lanka Suspends Fuel Sales Amid Economic Collapse; Asks Russians For Help

    We are now facing a far more serious situation beyond the mere shortages of fuel, gas, electricity, and food. Our economy has faced a complete collapse.

    “It is no easy task to revive a country with a completely collapsed economy, especially one that is dangerously low on foreign reserves,” ” Prime Minister Ranil Wickremesinghe told parliament on June 22.

    #110506
    Veracious Poet
    Participant

    Hmmm…

    The support system for all that is going, going, gone and in the ensuing flux all that rousing self-actualization starts to look more like Thomas Hobbes’s war of all against all, a savage and pre-human state of nature. As this occurs, all human beings have to fall back on are modes of conduct that include a moral and ethical dimension, which is to say, what is right and what is wrong, not just what is allowed at a given moment.

    Which is also to say: maybe the time of smashing boundaries is over. As that scaffold of techno-industrial comfort and safety disintegrates, and all the dazzling promises of becoming transhuman dissolve — sorry, Klaus Schwab — we will likely have to settle for being human again, and in the best way, not the worst way. That includes a certain reverence for our nature and for each other. That suggests not killing children.

    The Time of Our Time

    #110507
    Figmund Sreud
    Participant

    John Helmer:

    “… Cadieu is a lieutenant general who specialises in planning armoured operations against the Russian army in Europe; Freeland is the deputy prime minister, scion of Galicia in western Ukraine, and candidate prime minister to replace Justin Trudeau, if she can.

    As the Canadian politician most directly connected to the Ukraine by family and property, and the most active advocate of war against Russia, Freeland has promoted Canadian military strategy and plans to wage that war on Ukrainian territory and across the Ukrainian borders for many years.”

    MUTINY IN THE CANADIAN GENERAL STAFF – HOW POLITICAL AMBITION & UKRAINE-RUSSIA WAR AIMS ARE BEING COVERED UP IN OTTAWA

    F.S.

    #110508
    Veracious Poet
    Participant
    #110509
    Veracious Poet
    Participant

    Zelenskyy threatens Belarus soldiers who attack Ukraine: ‘We will find you all’

    https://www.foxnews.com/world/zelenskyy-threatens-belarus-soldiers-ukraine-war-russia

    #110510
    WES
    Participant

    I see Trudeau is doing his best to spread covid by spreading his arms around other leaders. Clearly he is trying hard to hide the fact that he is considered the least powerful and the most incompetent leader at the G-7 meeting. Notice nobody bothers to invite Trudeau to come and visit their country anymore. Trudeau has worn out his welcome just like his old man did too. Certainly Trudeau won’t be getting an invite, any time soon, from the new G-8!

    The Ukraine must be winning the war so greatly that they now need to resort to bombing their own empty shutdown shopping centers to prove Russia is losing the war! Three new Ukrainian brigades that had just completed their training got canceled at each of their 3 training centers by Russia. Sadly these canceled Ukrainians never even got a chance to be shoved into the frontlines to serve as cannon fodder. It is hard to believe the Ukraine has so much cannon fodder.

    #110511
    WES
    Participant

    V.P.

    My Mother was a nurse but her views of the medical profession were tempered by her experiences.
    Unfortunately your experiences with the RNs in your family are also shared by me.
    They are all too eager to help Dr. Fauci inject his evil vaccine into their fellow citizens.

    #110512
    Veracious Poet
    Participant

    “Michelle” McKelley, who described herself to cops as a “professional booster,” was last cut loose Thursday after she was charged with stealing from a Duane Reade in East Harlem.

    https://nypost.com/2022/06/26/professional-booster-notches-100th-shoplifting-bust-and-is-released-without-bail-again/

    And here “she” is…

    #110514
    Neal
    Participant

    In regards to African fertiliser, some already produce significant quantities. If my memory serves me well Morocco has large Phosphate mines. Egypt also produces Nitrogen based fertilisers (from natural gas). Currently Egypt has arranged to sell fertiliser to India in exchange for wheat.
    As far as natural gas supplies go Egypt is boosting the amount by buying Israeli gas. Egypt is also exporting LNG to Europe but the amount they are exporting will hardly make a dent in Europes needs. Plus it is causing issues in Egypt, they have increased fuel oil consumption from 20,000 barrels/day to 100,000 to cover for the gas they are exporting.
    The stupidity of the west knows no bounds, the economic chaos facing Africa will bite the west once Africa has multiple revolutions. Already chaos in a number of countries (Lebanon, Sri Lanka, Yemen, Ethiopia, Mali, Libya) and it can only get worse.
    As for how far any country can fall look at Lebanon which has fallen 85% in 3 years and cannot generate electricity except with foreign aid. How will Europe cope if 100 million refugees descend on it? How will the US cope if it’s border is really overrun?

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