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 August 1, 2022  Posted by at 8:26 am Finance Tagged with: , , , , , , , , ,  Add comments


Pablo Picasso Massacre in Korea 1951

 

World Re-entering The Coal Age – IEA (RT)
NATO Force On Alert Amid Kosovo Tensions (RT)
Russia Warns Kosovo Against Conflict (RT)
Hungary’s Orban Expects Gas Deal With Russia This Summer (R.)
JPMorgan Says Russia Has Had Little Problem Rerouting Its Oil Exports (BI)
The New Economic World Map (Salamah)
A Community of Common Destiny? (Voiret)
Going to Samarkand (Escobar)
The Myth of the HIMARS ‘Game Changer’ (Scott Ritter)
Severing Ties With Russia Is ‘Absurd And Dangerous’ – German Official (RT)
Ottawa’s Fertilizer Reduction Target Is ‘Pulled Out Of The Air’ (TNC)
Pfizer Posts Record Profits On Taxpayer-funded, Liability-free Products (Sch.)

 

 

 

 

 

 

A stable future
https://twitter.com/i/status/1544708488613531649

 

 

 

 

Trump vs Great Reset

 

 

 

 

You’d almost think the whole Russia conflict was set up by the nuclear lobby.

World Re-entering The Coal Age – IEA (RT)

Global coal demand could reach 8 billion tons in 2022, matching a historic high set in 2013, and further growing in 2023, the International Energy Agency (IEA) said in a coal market update report published on Thursday. “Based on current economic and market trends, global coal consumption is forecast to rise by 0.7% in 2022 to 8 billion tons, assuming the Chinese economy recovers as expected in the second half of the year… This global total would match the annual record set in 2013, and coal demand is likely to increase further next year to a new all-time high,” the report states. According to the agency, demand is being driven up by rising natural gas prices, forcing many countries to increasingly switch from gas to coal and reopen previously closed coal-fired power plants.

The report states that China, which is “responsible for more than half of global coal consumption,” will be the main driver for the growth in demand in the second half of 2022, despite seeing demand drop by 3% in the first half of the year. Demand for coal in India is also expected to rise due to the country’s economic growth and more widespread use of electricity. The EU is also forecast to contribute to demand, as it is increasingly turning to coal in electricity production to replace gas or save it for the winter due to the decline in Russian gas imports. The IEA adds that the coal markets will remain volatile in 2023, especially after the EU coal embargo comes into effect, and prices may continue to grow well into next year.

“As soaring natural gas prices have made coal more competitive in many markets, international coal prices have risen in turn, hitting three all-time peaks between October 2021 and May 2022. Sanctions and bans on Russian coal have disrupted markets, and issues in other major exporters have contributed to supply shortages. With other coal producers facing constraints in replacing Russian output, prices on coal futures markets indicate that tight market conditions are expected to continue well into next year and beyond,” the IEA states.

Read more …

NATO appears to be looking for a new theater to fight Russia in. Back to the Balkans, they haven’t done enough damage there. Look who was in Kosovo a few days ago. Coincidence not.

NATO Force On Alert Amid Kosovo Tensions (RT)

The NATO-led Kosovo Force (KFOR) peacekeepers were spotted late on Saturday in the city of Kosovska Mitrovica, located in the north of Serbia’s breakaway region of Kosovo. The force, apparently Italian carabinieri units, were spotted guarding a bridge across the Ibar river, footage from the scene circulated by local media shows. The bridge splits the city into the northern Serb-populated part, and the southern one, inhabited predominantly by ethnic Albanians.KFOR, the NATO-led peacekeeping mission, said in a statement on Sunday evening that it was “prepared to intervene if stability is jeopardized.” The KFOR has been reportedly placed on high alert, with a large military convoy of some 30-40 vehicles spotted heading towards the frontier between the breakaway region and the rest of Serbia. Kosovo special police has been spotted actively moving its equipment and personnel as well.

KFOR said it would “take whatever measures are necessary to keep a safe and secure environment in Kosovo at all times, in line with its UN mandate.” Ethnic Serbs have reportedly set up barricades on several roads in Kosovska Mitrovica and its vicinity. At least one Serb has been reportedly beaten up by Kosovo police units as he tried to get through the barricades. The injured man reportedly ended up hospitalized. The tensions come as the ethnic Albanian government of the breakaway region moved forward with its controversial plan to ban Serb license plates and identification documents. Kosovo prime minister Albin Kurti claimed the move was about equal justice and law in all the territories his government claims.

Serbian President Aleksandar Vucic accused Kosovo authorities of seeking to “impose on the people in northern Kosovo-Metohija things they have no right to impose,” warning that Belgrade will not stand by idly. “The atmosphere has been heated up, and the Serbs will not suffer any more atrocities,” Vucic said. Earlier, Serbian president alleged the controversial registration plan was a part of an effort to force the remaining ethnic Serbs out of Kosovo. Caroline Ziadeh, head of the UN mission in the province UNMIK, urged both sides “to address issues in good faith through the EU-facilitated dialogue, to strengthen stability and security for all.”

Read more …

Kosovo’s plans appear to have been put on hold for now.

Russia Warns Kosovo Against Conflict (RT)

The government in Pristina and its backers in Brussels and Washington should stop their provocations and respect the rights of ethnic Serbs in Kosovo, Russian Foreign Ministry spokeswoman Maria Zakharova said on Sunday. Serbian troops were put on high alert and local residents in the north of the breakaway province erected barricades, as ethnic Albanian police prepared for a crackdown. Air raid sirens and church bells went off across northern Kosovo on Sunday, after prime minister Albin Kurti announced a police operation to ban Serb license plates and identification documents. Kurti claimed this was about equal justice and law in all the territories his government claims.

Pristina’s decision is unreasonable and discriminatory, and their forced replacement of personal documents is “another step towards the expulsion of the Serb population from Kosovo, as well as the Kosovo Serb institutions that ensure the protection of the rights of Serbian residents from the arbitrary whims of radicals in Pristina,” Zakharova said. Kurti is “deliberately escalating” in order to launch an armed crackdown, not just against the Serbs in Kosovo but against Belgrade, which the West wants to “neutralize” using the ethnic Albanians as proxies, added Zakharova. Russia calls on “Pristina and the US and EU behind it to stop provocations and respect the rights of Serbs in Kosovo,” the Foreign Ministry spokeswoman said.

Earlier in the day, Serbian President Aleksandar Vucic said his country had “never been in a more complex and difficult situation” and that the Pristina authorities are trying to exploit the current situation in the world to initiate a conflict while painting itself as a victim. No Serbian troops have crossed the administrative line into Kosovo yet, the Defense Ministry in Belgrade said, describing such rumors circulating on social media as “disinformation” on behalf of Pristina. Local Serb residents erected barricades at three checkpoints along the administrative line, where police answering to Kurti were deployed to stop all vehicles with Serbian plates or documents. There were unconfirmed reports of gunfire and injuries among the civilians.

Kosovo was occupied by NATO in 1999, after a 78-day air war against Yugoslavia. The ethnic Albanian government in Pristina declared independence in 2008, with US backing, but has not been recognized by Serbia, Russia, China or the UN.

Read more …

Can Brussels “allow” this?

Hungary’s Orban Expects Gas Deal With Russia This Summer (R.)

Hungary expects to sign a deal with Russia on additional gas shipments of 700 million cubic metres by the end of summer, Prime Minister Viktor Orban told state radio on Friday. The two countries have been in talks for further supplies on top of an existing long-term supply pact. read more “Hungary will have enough gas,” Orban said. “We are negotiating with the Russians to buy an additional 700 million cubic metres of gas, this deal can be signed during the summer, and then we will be safe,” he added. According to data from Gas Infrastructure Europe, Hungary’s gas storages are about 50% full now, covering 29% of its annual consumption.


European Union member Hungary has maintained what it calls pragmatic relations with Moscow since Russia’s invasion of Ukraine, creating tensions with some EU allies keen to take a tougher line. Hungary, which is about 85% dependent on Russian gas, firmly opposes the idea of EU sanctions on Russian gas imports. Under a 15-year deal with Russia’s Gazprom signed last year, Hungary receives 3.5 billion cubic metres (bcm) of gas per year via Bulgaria and Serbia, and a further 1 bcm via a pipeline from Austria.

Read more …

“Russia’s exports adjusted towards other buyers without a serious disruption to its production.”

JPMorgan Says Russia Has Had Little Problem Rerouting Its Oil Exports (BI)

Russia has been able to reroute its oil exports away from Europe without serious disruptions, JPMorgan has said, adding that the expected drop in output “never happened.” Better-than-expected Russian production, along with the release of oil from global strategic reserves, helps explain the recent drop in crude prices, the bank’s head of commodities research Natasha Kaneva said in a note to clients. Russia’s oil exports to Europe — its biggest market — have fallen relatively sharply in 2022, as companies have “self-sanctioned” in the wake of Vladimir Putin’s invasion of Ukraine in late February. However, Russia has been able to shift its exports towards Asia, with India and China in particular stepping up their purchases.

More recently, a jump in domestic demand has caused Russian oil production to rise back to prewar levels. “The market consensus was too pessimistic about Russia’s capability to re-route volumes to other buyers,” Kaneva and her colleagues said in the note Wednesday. “Russia’s exports adjusted towards other buyers without a serious disruption to its production.” “At its peak, the oil market was pricing in the worst-case scenario — a 3 million barrel a day loss of Russian production combined with record-high summer demand — while, in reality, it never happened.” JPMorgan expects Russia production to produce 9.95 million barrels a day of oil in the third quarter, above the 9.76 million barrels a day produced in the same quarter a year earlier.

It thinks production will slip to 9.5 million barrels a day in 2023, staying relatively strong despite the European Union’s ban on most oil imports from the country. Oil prices have fallen in recent weeks, with global supply stronger than expected and demand likely to weaken in the coming months as the world economy slows. WTI crude, the US benchmark price, was down around 10% over the last month to trade at $98 a barrel Friday.

Read more …

“…most of the ‘exploitable’ world has been dominated and what remains is Russia and China, plus a few stubborn or poor nations here and there.”

The New Economic World Map (Salamah)

Throughout history, all empires and belligerent nations expanded for economic gain. More land to farm and exploit, wealth and resources to loot, and more people to subjugate and tax or enslave. This goes back to ancient Mesopotamia, passing through the Persian, Greek, Roman empires, and all the way to European colonialism in the past 500 years. Today, it remains the same although it has been disguised to appear docile and friendly, but, make no mistake, it is colonialism – economic neo-colonialism! The shills, however, will present it as development aid, economic assistance, modernization, democracy, human rights, modern values, and may even, masquerade it as improving the ‘Happiness Index’ of the colonized nations.

As such, most of the ‘exploitable’ world has been dominated and what remains is Russia and China, plus a few stubborn or poor nations here and there. Russia is simply too vast and rich not to be lustily desired and has been a target for centuries via direct belligerence or, more softly, via geopolitical ploys. To publicly temper this lust, pseudo-intellectual doctrines have been utilized to justify it; among which is the century-old Mackinder Theory of the ‘Heartland of the World’, which states that whoever controls Russia and its environs, controls the world. As for China, its unexpected spectacular rapid growth to the pinnacle of economic success now necessitates clipping its wings to bring it back into the obedient fold. None of the dominated nations were, or are, happy with their predicaments. Despite that, they are unable to shake off the yoke of neo-colonialism.

They are too weak, deep in unpayable sovereign and non-sovereign debt, threatened by sanctions that cut off their livelihood, and if all fails, there are the heavy-handed tools of regime change with their accompanying bloody civil wars and/or direct invasion and bombardment by their masters. During the previous cold war, when there were only two superpowers, proverbially at each other’s throats, most of the smaller and weaker countries tried to walk a very dangerous tightrope. They tried to maintain semi-neutrality and keep an equal distance from both superpowers. But that was extremely difficult, the hegemons’ carrot and stick’ tactics were too hard to resist when dangled, or very painful when the whip was unleashed. Instead, some discovered that they could join forces, not to fight their oppressors, but just to resist being pulled into their eddies.

Read more …

“The only solution to solve these problems and solve the dryness nuisance of the Mediterranean Basin would be the re-greening of the Sahara desert.”

A Community of Common Destiny? (Voiret)

In the Summer months, the north-east trade wind is getting weaker in the Atlantic Ocean, and humid air volumes are brought over the Sahel zone towards North from the West African monsoon zone. This takes place in July and early August, when around 100 to 200 mm precipitations makes savanna grass grow in the Sahel. In our days, however, it seems that going further north, these huge volumes of humid air rise higher than before in the atmosphere of the desert. In this way, the rain-containing air masses reach altitudes like thirty thousand feet above sea level – higher than in earlier years, because the heat emitted by the Sahara seems to be growing: As the humid air masses reach the first sand dunes of the desert, the huge heat reflection by the dunes send them higher and higher.

Every pilot flying north from Bamako or Niamey can confirm that: as soon as he reaches the desert, his plane is lifted higher by the air masses even if he, the pilot, does’nt pull his controls! After the humid clouds rise so high in the air over the desert, it is obvious that no rain comes downs on North Africa and on the Mediterranean basin in the summer months – hence the dryness and the forest fires. The rain comes down when the clouds get cooler after reaching more northern latitudes, after having passed the Alpes. Thus for example the “tropical” rain that came down on the Ahr-valley in Germany in the summer 2021. The only solution to solve these problems and solve the dryness nuisance of the Mediterranean Basin would be the re-greening of the Sahara desert.

Now, around 5000 years ago, the Sahara desert was indeed green! The scientific study of the Sahara desert has shown that this part of the world has been alternatively infertile, or green with vegetation: in the course of Earth history, the Sahara desert has seen 230 periods of vegetation growth alternating with dry climate phases! In the middle of the Holocene climate phase, around 6000 years ago, the Sahara actually had cattle breeding and cultivation. Rock engravings existing in the Hoggar and the Tibesti regions of the Sahara show that. These pictures also show gazelle herds and vegetation. The current dry climate phase began 3500 to 4000 years before Christ. But from those times, huge water reserves still exist underground, the so called “aquifers”. Some aquifers are salty, but most of them are sweet water.

Read more …

“UN Secretary General A. Guterres has committed to removing these barriers to addressing the global food crisis. Let’s see.”

Going to Samarkand (Escobar)

The meeting of the SCO Ministerial Council in Tashkent this past Friday involved some very serious business. That was the key preparatory reunion previous to the SCO summit in mid-September in fabled Samarkand, where the SCO will release a much-awaited “Declaration of Samarkand”. [..] it was in the Q@A session that Lavrov for all practical purposes detailed all the major trends in the current, incandescent state of international relations. These are the key takeaways.

How comfortable are you with the US dollar?

Africa: “We agreed that we will submit to the leaders for consideration proposals on specific actions to switch to settlements in national currencies. I think that everyone will now think about it. Africa already has a similar experience: common currencies in some sub-regional structures, which, nevertheless, by and large, are pegged to Western ones. From 2023, a continental free trade zone will start functioning on the African continent. A logical step would be to reinforce it with currency agreements.”

Belarus – and many others – eager to join the SCO: “There is a broad consensus on the Belarusian candidacy (…) I felt it today. There are a number of contenders for the status of observer, dialogue partner. Some Arab countries show such interest, as do Armenia, Azerbaijan and a number of Asian states.”

Grain diplomacy: “In regard to the issue of Russian grain, it was the American sanctions that did not allow the full implementation of the signed contracts due to the restrictions imposed: Russian ships are prohibited from entering a number of ports, there is a ban on foreign ships entering Russian ports to pick up export cargo, and insurance rates have gone up (…) Financial chains are also interrupted by illegitimate US and EU sanctions. In particular, Rosselkhozbank, through which all the main settlements for food exports pass, was one of the first to be included in the sanctions list. UN Secretary General A. Guterres has committed to removing these barriers to addressing the global food crisis. Let’s see.”

Taiwan: “We do not discuss this with our Chinese colleague. Russia’s position on having only one China remains unchanged. The United States periodically confirms the same line in words, but in practice their ‘deeds’ do not always coincide with words. We have no problem upholding the principle of Chinese sovereignty.”

Should the SCO abandon the US dollar? “Each SCO country must decide for itself how comfortable it feels to rely on the dollar, taking into account the absolute unreliability of this currency for possible abuses. The Americans have used this more than once in relation to a number of states.”

Why the SCO matters: “There are no leaders and followers in the SCO. There are no situations in the organization like in NATO, when the US and its closest allies impose one line or another on all other members of the alliance. In the Shanghai Cooperation Organization, the situation that we are currently seeing in the EU does not arise: sovereign countries are literally being ‘knocked out’, demanding that they either stop buying gas or reduce its consumption in violation of national plans and interests.”

Read more …

“At the end of the day, HIMARS – and other so-called “advanced Western weapons” – is but a tool wielded by the same actor who has been systematically defeated by the Russian military.”

The Myth of the HIMARS ‘Game Changer’ (Scott Ritter)

According to the Institute of War, a US-based think tank, “Ukrainian forces are increasingly targeting Russian military infrastructure with indirect fire and US-provided HIMARS systems deep in occupied territory.” It concludes that “the increased ability of Ukrainian forces to target critical Russian military facilities with Western-provided HIMARS demonstrates how Western military aid provides Ukraine with new and necessary military capabilities.” The Kyiv Independent, a Western state-funded propaganda outlet, reported that “by July 7, Russia had lost most of its key ammunition depots, and many of its smaller depots in occupied Donbas. Notably, many key targets as much as 50-80 kilometers into Russian-controlled territory have been successfully destroyed.”

Max Boot, a Moscow-born military analyst who writes for the Washington Post, was so impressed with the performance of HIMARS that he wrote an op-ed in which he confidently announced “To shorten the War, send 60 HIMARS to Ukraine.” I mean, if eight HIMARS have brought the vaunted Russan war machine to its knees, imagine what could happen if Ukraine had 60? Wait, there is an answer to that question. In a recent interview with the Sunday Times, Reznikov revealed that Zelensky “had ordered Ukraine’s military to retake occupied coastal areas which are vital to the country’s economy.” Ukraine, it seems, is winning the war against Russia. Except, of course, it is not. Not even close. The notion that the HIMARS is a “super weapon” capable of turning the battlefield narrative in eastern Ukraine on its head is, simply put, pure nonsense.

Russia has, over the course of the past three months, perfected the art of war when it comes to defeating the Ukrainian military. John Boyd, the famous American fighter-pilot-turned-military theorist, coined a concept, known as the “OODA-Loop” (Observe, Orient, Decide, Act) which represented the phases involved in military operations. The side that could master the OODA-Loop more efficiently than its opponent would “get inside their decision-making cycle,” forcing the enemy to operate in a purely reactive mode, enabling the superior party to achieve victory. Russia has got “inside the decision-making cycle” of every one of itsopponents during the military operation in Ukraine, dominating the conflict economically, politically, and militarily. HIMARS does not change this reality.

The Russian military, like any successful military organization, is highly adaptive – it must be, to survive on the modern battlefield. The conflict in Ukraine is unlike any experienced in modern times, requiring Russian military leaders to adapt operational theory as defined by doctrine to the demanding realities of the eastern Ukrainian front. The fact that approximately 200,000 Russian forces can impose their will on over 700,000 Ukrainian defenders while achieving casualty ratios that are decisively in their favor speaks to the reality of their OODA-Loop dominance. At the end of the day, HIMARS – and other so-called “advanced Western weapons” – is but a tool wielded by the same actor who has been systematically defeated by the Russian military. This will not change, whether Ukraine employs four, eight, 12… or even 60 HIMARS systems.

Read more …

“If we realize that we cannot for now give up on Russian gas, then it is bitter but it is the reality, and we must act accordingly..”

Forced cold showers for everyone will not be accepted.

Severing Ties With Russia Is ‘Absurd And Dangerous’ – German Official (RT)

Isolating Russia and ending economic cooperation with Moscow is dangerous for Germany, Prime Minister of Saxony Michael Kretschmer told Die Zeit newspaper this week, reiterating his call for a diplomatic solution to the conflict in Ukraine.“I think the idea of isolating Russia permanently or never again cooperating economically is absurd and dangerous… A Russia that is oriented towards China and has no ties to Europe is much more dangerous for us,” Kretschmer told the news outlet. The official said he was concerned with the impact of the sanctions on Russia on the German economy and energy security. He called for “pragmatism” in relations with Moscow and for the EU to facilitate peace talks and a “freeze” of the conflict in Ukraine, adding that a ceasefire would not only end the deaths, but “create an opportunity for the supply of raw materials,” most notably fossil fuels and grains.

Roughly half of German households rely on gas for electricity and heating, and around a third of the energy for German industry comes from gas. Prior to the conflict in Ukraine, up to one half of that gas was supplied by Russia. However, deliveries have dropped in recent weeks due to either technical or political reasons. According to Kretschmer, despite ambitious energy transition plans and political agendas, Germany will need gas supplies from Russia for the next five years at least. “If we realize that we cannot for now give up on Russian gas, then it is bitter but it is the reality, and we must act accordingly,” Kretschmer said, adding that apart from ordinary residents who will not be able to heat their homes in the winter, German industry is at risk if Russian gas supplies are lost.

“Our entire economic system is in danger of collapsing. If we are not careful, Germany could become de-industrialised,” he stated. Last month, Kretschmer said that Germany needs to ensure reliable fuel supplies before slapping Russia with sanctions.

Read more …

I’d call it goal-seeked instead.

Ottawa’s Fertilizer Reduction Target Is ‘Pulled Out Of The Air’ (TNC)

Alberta Agriculture Minister Nate Horner says Ottawa’s edict to reduce fertilizer use by 30% seems like a target “pulled out of the air.” The Trudeau government is looking to impose a requirement to reduce nitrous oxide emissions from fertilizers by 30% as part of its overall effort to reduce emissions by 40 to 45% by 2030. The mandate will result in less food production at a time when the world needs increased capacity that Canada could supply, or higher production costs which will ultimately be passed to the consumer, Horner said. “It’s just another issue where we feel that the feds either don’t understand or they don’t completely care about the consequences,” he told True North.

As Ottawa undergoes consultation about its target, Horner said provincial agriculture ministers hoped the reduction was up for discussion. But, he said he was disappointed to learn from his federal counterpart Minister Marie-Claude Bibeau that the 30% target would not be reconsidered. The consultation process will only consider how Ottawa can achieve its objectives, Horner said. “They’re going to consult on the process, but they weren’t going to change their goal.” He said Ottawa doesn’t have a good “baseline” understanding of the work already being done to reduce emissions in the prairies. And “unless you’re going to look at emissions per unit of production, (Ottawa) is not being really upfront about the two different challenges that we face,” he said.

The first challenge is the demand to increase production “in a big way,” and the second is that farming is becoming less financially viable, especially with the ever-increasing carbon tax. All seven United Conservative Party (UCP) leadership candidates have also opposed the edict and promised to fight back, should they be elected Premier in October. In the Netherlands, farmers have been in the streets for weeks protesting strict emission targets. [..] Now, the head of one of Canada’s premier agricultural groups is warning that strict domestic emissions targets could spur a similar reaction from the industry. “But, you know, all I can say is, if you push farmers back right up against the wall where their livelihood is at stake and it’s a direct result of government overreach and non science based policies, then, who knows what could happen?”

Dutch farmer
https://twitter.com/i/status/1553539740271464449

Read more …

“Notably, none of Pfizer’s profits come from free market activity.”

Pfizer Posts Record Profits On Taxpayer-funded, Liability-free Products (Sch.)

It’s the most expensive “free” shot of all time. Pfizer’s Q2 earnings numbers parallel that of a top 5 global energy company. Of course, the slight difference here is that energy companies actually provide essential services for human flourishing, while Pfizer provides, well, government-backed snake oil. This quarter, the drug company posted a total revenue of $27.7 billion, up 46.5% from $18.9 billion the same period of last year. Net income is up 78% to $9.9 billion this quarter, from $5.5 billion in Q2 of 2021. While many Americans are struggling to put food on the table, Pfizer’s taxpayer-supplied profits almost doubled year over year. Notably, none of Pfizer’s profits come from free market activity.


More than half of all Pfizer sales, and all of its profits, come from its expired mRNA gene therapy injections and Paxlovid. The outfit has fully transformed into a COVID-19 company. Without COVID Mania, the rest of Pfizer’s product line would see the pharma giant without any income this year. Business is booming for the taxpayer-funded, liability-free drug company. Just last month, the Biden Administration signed a deal with Pfizer that hiked the price of more than 50% extra per dose for Pfizer’s next batch of mRNA shots. It’s a truly stunning outcome for a company that once claimed to have produced the cure for the coronavirus, but has in reality supplied an ineffective gene therapy with a massive side effect profile.

Read more …

 

 

 

 

 

Thinking about this. What about anteaters etc.? Many reptiles eat insects, and they’re not birds.

 

 

 

 


Huxley in the 1930s

 

 

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Home Forums Debt Rattle August 1 2022

Viewing 20 posts - 41 through 60 (of 60 total)
  • Author
    Posts
  • #112631
    Michael Reid
    Participant

    As Russia Advances in Donbass Crisis Heats up in Kosovo; EU/UK Major Retreat on Russia Oil Sanctions

    https://rumble.com/v1eexxp-as-russia-advances-in-donbass-crisis-heats-up-in-kosovo-euuk-major-retreat-.html

    #112633
    TDub
    Participant

    <iframe width=”560″ height=”315″ src=”https://www.youtube.com/embed/R7gAEkzIgvw&#8221; title=”YouTube video player” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture” allowfullscreen></iframe>

    I think this video does a nice job of discussing several of the themes that get covered here and, at least to me, does a good job of showing to what end we are headed.

    #112634
    TDub
    Participant

    User error on the video embedding – here is the link: https://youtu.be/R7gAEkzIgvw

    #112636

    I have no intention of owning guns, but I would like to learn how to handle them. We had my brother’s gun for a few months, and kept the ammo, the clip (?) and the body of the gun in different places.
    Nice comment, though, John- made me smile. If I did conceal, I think I would prefer to go dark- no list for me. By that time, things would be pretty grim.
    If things got ugly, the silent arrow would be my first choice.
    I can hardly believe I am writing these things. Times have changed. So have I.

    #112637
    aspnaz
    Participant

    Global coal demand could reach 8 billion tons in 2022, matching a historic high set in 2013, and further growing in 2023, the International Energy Agency (IEA) said in a coal market update report published on Thursday.

    Good news at last: getting back to a technology that will support our descendants for hundreds of years.

    #112638
    aspnaz
    Participant

    They are too weak, deep in unpayable sovereign and non-sovereign debt, threatened by sanctions that cut off their livelihood, and if all fails, there are the heavy-handed tools of regime change with their accompanying bloody civil wars and/or direct invasion and bombardment by their masters.

    Or if in Africa the Prime Ministers will be murdered, or replaced then murdered, for making a mockery of the hegemon’s Covid scam.

    #112639
    Veracious Poet
    Participant

    Democrats ‘Assault Weapons’ Ban Will Outlaw a Host of Everyday Firearms Owned by Law-Abiding Citizens

    Democrats ‘Assault Weapons’ Ban Will Outlaw a Host of Everyday Firearms Owned by Law-Abiding Citizens





    #112642
    aspnaz
    Participant

    EoinW said:

    I hate to be so pessimistic, however when people choose suicide rather than fighting back then I have to conclude that the fire & brimstone is on the way. Get out of Sodom & Gomorrah or be turned into a pillar of salt!

    Totally agree. In my youth I was in plenty of fist fights, in fact I tried to get into a few over the last decade, but in the end people these days are happy to “experience” violence on the screen, but they have been brainwashed into seeing violence as totally anathema. Few would consider settling a disagreement on the street.

    This is one of the great triumphs of the controlled society that we live in, the capture by government of the most effective tools given to us by nature. Modern society has removed the need for violence: people do not have to even kill their food in the western world (in China they often pick the live animal and it is killed in the kitchen) yet these are farmers, so I suspect they have some experience of killing animals.

    It is totally unnatural for any animal to reject violence, it is a tool given to us by nature, it provides food, defense and freedom. If you reject violence and gift your right to violence to someone else then you give away a part of your natural inheritance and you relinquish your practical independence as a human.

    But suicide is even worse, you have forfeited your right to use violence against anybody else, but you then use the state’s right to violence against yourself. You still have the capacity to kill – of course you do, you are human, the greatest killer on the earth – but you value the lives of others above yourself, because that is what the state taught you to think. You have perverted nature by killing yourself rather than killing the cause of your misery. You total loser, you have let down humanity and nature, this is Darwinism at its best.

    #112643
    John Day
    Participant

    @MPSK: I’m glad you got a smile from my ribbing about concealed handgun choice. These are different days… I continue to give this a lot of thought, and keep coming to the conclusion that I will not own a gun. I never have owned a gun, though I grew up target-practicing every Tuesday night at the rifle range, then (successfully) hunting deer on my grandfather’s ranch (always a clean kill), which was for food and herd-control, not for “sport”, when I was 13 and 14 years old. I almost niver fired a gun after we moved to Japan in 1973, when I was 15, and I never bought, nor was I ever gifted one, so I would have to make the choice to do so. I’ve considered getting a 22 for target ractice, but I don’t really feel like it, and have things I want to do. I would not want to kill somebody I never met at a distance, but that’s war. I really don’t want to be up close and personal with somebody I would have to shoot in self-defense, or the defense of another. I presume that woild be a desperado, not a soldier,
    To prepare for that I would need a handgun, something I never did practice with, a good holster (open, I think), a whole lot of practice in a shooting-gallery, with pop-out human-shaped targets, and the time and money to keep that up. I’d have to get to the point that shooting to kill was an automatic reaction.
    I just don’t see that as the path for me.
    I do rely some on “herd immunity”. I live in Texas. A whole lot of people are armed in texas. At our homestead in rural Texas, most white men my age are armed, and I don’t talk about it one way or another, except to exhibit a normal degree of familiarity with firearms, and respect for their handling/storage. No personal declarations…

    Now I’ve spilled the beans to everybody on TAE. Keep it under your hats, Y’all, OK?
    @AI Monitoring: “You” lready “know” this.

    #112646
    Veracious Poet
    Participant

    It is totally unnatural for any animal to reject violence, it is a tool given to us by nature, it provides food, defense and freedom. If you reject violence and gift your right to violence to someone else then you give away a part of your natural inheritance and you relinquish your practical independence as a human.

    The state of Nature has a law of Nature to govern it, which obliges every one, and reason, which is that law, teaches all mankind who will but consult it, that being all equal and independent, no one ought to harm another in his life, health, liberty or possessions ~ for men being all the workmanship of one omnipotent and infinitely wise Maker; all the servants of one sovereign Master, sent into the world by His order and about His business…

    #112647
    Veracious Poet
    Participant

    #112648
    Veracious Poet
    Participant

    #112649
    John Day
    Participant

    Where’s Nancy? Picture finishing kitchen pantry https://drjohnsblog.substack.com/p/wheres-nancy

    Former Secretary of State (“War Pig”) Mike Pompeo knocked the Biden administration for not backing a trip to Taiwan by Speaker Nancy Pelosi (D-Calif.).
    “To allow America to be bullied by Chinese propaganda, right after, frankly, President Biden has had a phone call, a long phone call, with [Chinese President] Xi Jinping… would send a really bad message to our friends in the region: the Australians, the South Koreans, the Japanese,” Pompeo told host John Catsimatidis on WABC 77 AM’s “Cats Roundtable.”

    Pelosi announced Sunday that she was setting off on a four-country tour of Asia, and is slated to lead a six-member congressional delegation to Singapore, Malaysia, South Korea and Japan. She included no mention of Taiwan in her plans, despite multiple reports of her intent to visit the territory.

    “I don’t agree with Speaker Pelosi very often, but she made it clear that she wanted to go visit, on her own, to visit Taiwan, an independent, sovereign nation. And now, the Biden administration is saying, ‘Well, maybe that’s not smart,’ ” Pompeo said…
    Under the Taiwan Relations Act of 1979, the U.S. is committed to helping self-governed Taiwan defend itself against Beijing, but the U.S. has remained strategically ambiguous about its position on Taiwan, which China claims as its own.

    Pompeo targets Biden over possible Pelosi trip to Taiwan

    I have seen this as “get burned”, “playing with fire”, but this translation is harsher. It is notable that Xi warned Biden about “those who play with fire”, which would apply more to Biden, deeply compromised by bribes from China and Ukraine, being “burned”, than it would potentially apply to Nancy Pelosi getting shot-down.
    China To Pelosi: You Will ‘Perish’ Over Taiwan
    ​ ​Chinese ruler Xi Jinping told President Joe Biden during their phone call on July 28, according to the Chinese foreign ministry. “The public opinion cannot be defied. Those who play with fire will perish by it.”

    China to Pelosi: You Will ‘Perish’ Over Taiwan

    Pelosi visits Taipei on Tuesday, August 3. Ideal weather for invasion of Taiwan across the Taiwan Strait is in September, October and April.
    Pelosi expected to visit Taiwan, Taiwanese and US officials say
    ​ ​US House Speaker Nancy Pelosi is expected to visit Taiwan as part of her tour of Asia, according to a senior Taiwanese government official and a US official, despite warnings from Biden administration officials, who are worried about China’s response to such a high-profile visit.
    ​ ​The stop — the first for a US House speaker in 25 years — is not currently on Pelosi’s public itinerary and comes at a time when US-China relations are already at a low point.
    ​ ​The Taiwanese official added that she is expected to stay in Taiwan overnight.
    https://www.cnn.com/2022/08/01/politics/nancy-pelosi-taiwan-visit/index.html

    ​Hmm, really​?​ Well, that would be a different set of calculations.​ Go nuclear against ships? ​Nancy looks fearlessly patriotic. Joe looks demented, bribed and traitorous.​
    Pelosi Is Irrelevant: China Was Already Planning An Invasion Of Taiwan
    ​ ​Would China really commit to an impromptu war with Taiwan over Nancy Pelosi, a person who amounts to nothing more than a political smudge in the history books? No, they wouldn’t, but they would be happy to use her diplomatic visit to Taiwan as a pretense for invasion.
    ​ ​The timing for Pelosi’s visit to Taiwan has not been released and will likely remain classified until the event. China has announced live fire drills this week in the Taiwan Strait as a show of force and a state run newspaper has even suggested that the CCP has the right to shoot Pelosi’s plane down​… China has also insinuated that direct invasion will take place if the visit occurs.
    ​ ​A US carrier strike group is moving near Taiwan after being deployed from Singapore and tensions are high. Ironically, Democrats chastised Donald Trump for “upsetting” Chinese/US relations over Taiwan only a couple years ago, and now they are one-upping him.
    ​ ​According to an alleged Russian intel leak in 2021, the CCP was already planning a forced annex of the island nation (that the Chinese claim is not a nation) for the fall. The leak from Russia’s FSB has not been verified, but it does parallel the increase in Chinese naval activity in the region, along with even more aggressive rhetoric than usual against Taiwan.
    https://www.zerohedge.com/geopolitical/pelosi-irrelevant-china-was-already-planning-invasion-taiwan

    #112650
    Veracious Poet
    Participant

    The day after the Reichstag fire, the 28 February 1933, Hindenburg signed a decree giving Hitler emergency powers. This photograph was taken the same day, showing the Reichstag still burning.

    #112651
    John Day
    Participant

    The compromise agreement of 1979, in which both sides accepted ambiguous terminology and agreed to disagree about Taiwainese nationhood is over.
    The Chinese Government now rejects the One China Policy that has been the foundation of U.S./Chinese relations for 43 years. CSIS boils it down nicely:
    When the United States moved to recognize the People’s Republic of China (PRC) and de-recognize the Republic of China (ROC) in 1979, the United States stated that the government of the People’s Republic of China was “the sole legal Government of China.” Sole, meaning the PRC was and is the only China, with no consideration of the ROC as a separate sovereign entity.
    The United States did not, however, give in to Chinese demands that it recognize Chinese sovereignty over Taiwan (which is the name preferred by the United States since it opted to de-recognize the ROC). Instead, Washington acknowledged the Chinese position that Taiwan was part of China. For geopolitical reasons, both the United States and the PRC were willing to go forward with diplomatic recognition despite their differences on this matter.
    (I think the carrier group will remain on the far side of Taiwan, away from China, shielded by the island, and not venture into the Strait of Taiwan.​
    It seems that any ship and crew venturing into the strait, in times of war, would be at very high risk of being sunk in that 85 mile crossing.)
    What can China do apart from imposing a “No Fly Zone” over Taiwan? China has hypersonic missiles.​ ​China maintains the largest and most diverse missile arsenal in the world. Since the end of the Cold War, Beijing has rapidly modernized its missile force, growing from a small arsenal of cumbersome, inaccurate ballistic missiles into a formidable force of precision-guided ballistic and cruise missiles, loitering munitions, and—most recently—hypersonic weapons.​ ​China’s deployment of hypersonic weapons has attracted significant attention, and for good reason. Hypersonic weapons combine the extreme speeds of ballistic missiles with the maneuverability and lower-altitude flight of cruise missiles, stressing traditional means of early warning and defense. ​The hypersonic missile can sink a U.S. aircraft carrier. None of the ships in the Ronald Reagan Carrier Strike Group have a defense to counter the hypersonic missile. In other words, China can sink one or more ships in that Task Force if the United States ventures into the Straits of Taiwan. https://sonar21.com/will-tweaking-the-dragons-tail-ignite-a-terrible-fire/

    What are 5 scenarios of China atacking Taiwan and/or the Taiwanese-controlled islands in the Taiwan Strait? What would be more likely?
    What factors would induce China to attampt the full invasion? https://thecultureshack.blog/2022/07/28/red-clouds-of-war-looming-over-taiwan/

    ​I have to wonder how much Russia would support China in an invasion of Taiwan. How much support for that bloody invasion would be in the national interest of Russia? Support would pit Russia directly against the US, which Russia and the US have tried to avoid. China has no self-defense claim for this invasion, just a territorial claim that Taiwan “belonged” to China 127 years ago, before China traded Taiwan/Formosa to Japan to settle a war. China is politically invested in this action, but Russia should clearly stay as distanced as China has stayed from Russia’s war in Ukraine. No-Russian-weapons-killing-Americans seems like a good plan.​

    ​ This article says that “President Biden” has just shifted the Ukraine narrative ​away from “defeating Russia”, towards avoiding-NATO-war-against-Russia, and Ukraine deciding whether or not to cede territory to Russia to obtain peace. Ukraine can exit-stage-left with compromised-Joe.

    Brandon shifts the narrative on Banderastan

    #112652
    John Day
    Participant

    Modern economics is premised upon energy (coal, oil, gas, hydroelectric) being so cheap as to not be limiting in any of the usual equations, so not included.
    Gail Tverberg: The world’s self-organizing economy can be expected to act strangely, as energy supplies deplete
    It is my view that when energy supply falls, it falls not because reserves “run out.” It falls because economies around the world cannot afford to purchase goods and services made with energy products and using energy products in their operation. It is really a price problem. Prices cannot be simultaneously high enough for oil producers (such as Russia and Saudi Arabia) to ramp up production and remain low enough for consumers around the world to buy the goods and services that they are accustomed to buying.
    ​ ​We are now in a period of price conflict. Oil and other energy prices have remained too low for producers since at least mid-2014. At the same time, depletion of fossil fuels has led to higher costs of extraction. Often, the tax needs of governments of oil exporting countries are higher as well, leading to even higher required prices for producers if they are to continue to produce oil and raise their production. Thus, producers truly require higher prices.
    ​ ​Governments of countries affected by this inflation in price are quite disturbed: Higher prices for energy products mean higher prices for all goods and services. This makes citizens very unhappy because wages do not rise to compensate for this inflation.​ ​
    (Wages and fuel costs​ are in the sam​e​ ​column. ​One displaces​ the other.)​ ​The issue causing the price conflict can be described as reduced productivity of the economy. The ultimate outcome of reduced productivity of the economy is fewer total goods and services produced by the economy.​..
    ..In the past, the growth rate of GDP has exceeded that of energy consumption. As the economy changes from growth to shrinkage, we should expect this situation to reverse: The rate of shrinkage of GDP will be greater than the rate of shrinkage of energy consumption.​..
    ..Many parts of the economy are likely to find that the promised payments to be made to them cannot really take place.​..
    ..Virtually no one looks at the economy from a physics point of view. For one thing, the result is too distressing to explain to citizens…
    ..Unfortunately, the physics-based approach I am using indicates that the world’s economy is likely to change dramatically for the worse in the months and years ahead. Economies, in general, cannot last forever. Populations outgrow their resource bases; resources become too depleted. In physics terms, economies are dissipative structures, not unlike ecosystems, plants and animals. They can only exist for a limited time before they die or end their operation. They tend to be replaced by new, similar dissipative structures.
    ​ ​While the current world economy cannot last indefinitely, humans have continued to exist through many bottlenecks in the past, including ice ages. ​

    The world’s self-organizing economy can be expected to act strangely, as energy supplies deplete

    ​Richard Heinberg: ​Will civilization collapse because it’s running out of oil?
    ..For readers who just want the bottom line, here goes. The most sensible figure for the aggregate amount of producible “conventional oil” originally in place (what we’ve already burned, plus what could be burned in the future) is about 2,500 billion barrels. We’ve already extracted about half that amount. When this total quantity is plotted as a logistical curve over time, the peak of production occurs essentially now, give or take a very few years. Indeed, conventional oil started a production plateau in 2005 and is now declining…
    ..So far, we are merely seeing crude and natural gas shortages, high energy prices, broken supply chains, and political upheaval. Energy challenges are now top of mind for policymakers and the public in a way that we haven’t seen since oil prices hit a record $147 barrel in 2008, when peak oil received some semblance of attention. But now we run the risk of underlying, irreversible supply constraints being lost in the noise of other, more immediate contributors to the supply and price shocks the world is experiencing—namely lingering effects from the pandemic, the war in Ukraine and sanctions on Russian oil and gas, and far stricter demands for returns from domestic investors.
    ​ ​Keeping the situation from devolving further will take more than just another fracking revolution, which bought us an extra decade of business-as-usual. This time, we’re going to have to start coming to terms with nature’s limits. That means shared sacrifice, cooperation, and belt tightening.

    Will civilization collapse because it’s running out of oil?

    ​Approaching the cliff more shyly now. This insurance ban on Russian oil cargoes would not just kill real economy, it would be bad for financial institutions!
    ​ The EU and the UK have slowed efforts to have Russia shut off from the most important maritime insurance market amid concerns that a full insurance ban would limit global oil supply and push oil prices even higher, the Financial Times reports, citing UK and EU officials.
    The UK was set to join an EU insurance ban after the UK and the European Union agreed in May to jointly shut off Russia’s access to oil cargo insurance. Under those plans, Russia would be effectively shut out of more than 90% of the global oil shipment insurance market.
    ​ ​The insurance ban was to be a much bigger deal than the actual EU embargo on Russian oil imports, as it would cripple Russia’s ability to export crude anywhere in the world, analysts said at the time.
    ​ ​However, the UK has yet to introduce such restrictions on maritime insurance, FT notes. The UK participation with the scheme is crucial because London and the UK are home to many of the world’s biggest maritime insurers.
    https://oilprice.com/Energy/Energy-General/EU-UK-Delay-Cutting-Off-Russia-From-Oil-Insurance-Market.html

    ​Surplus Energy Economics covers a lot of the same ground, returning to look through the financial lense:. Real interest rates have to stay a little bit negative.
    The Monetary Conundrum: LIMITS TO THE SCOPE FOR POLICY MANOUEVRE
    ​ ​Ultimately, the challenge facing the ECB – and other central banks too – is to prevent two things from happening.
    ​ ​The first and most obvious is to guard against inflation taking on its own momentum, which could easily happen in a climate of apparent official indifference or resignation.
    ​ ​But the second is to ensure that the damage – and the crisis-risk – caused by a negative real cost of capital does not escalate, as it could if central banks allow real rates to slump into lethally deep negative territory .
    #236. The monetary conundrum

    #112653
    John Day
    Participant

    Michael Hudson looks at American foreign policy, once carrot-and-stick, but lately just an ever diminishing stick to induce countries to keep having their wealth extracted by using $US.​ American Diplomacy as a Tragic Drama

    American Diplomacy as a Tragic Drama

    Pepe Escobar presents the escape plan from $US hegemony, which is about to be declared. Going to Samarkand​
    ​The SCO ​(Shanghai Cooperation Organization) ​and other pan-Eurasian organizations play a completely different – respectful, consensual – ball game. And that’s why they are catching the full attention of most of the Global South.
    ​ ​The meeting of the SCO Ministerial Council in Tashkent this past Friday involved some very serious business. That was the key preparatory reunion previous to the SCO summit in mid-September in fabled Samarkand, where the SCO will release a much-awaited “Declaration of Samarkand”.

    Going to Samarkand

    #112654
    Veracious Poet
    Participant

    #112656
    Veracious Poet
    Participant

    If things got ugly, the silent arrow would be my first choice.

    #112672
    aspnaz
    Participant

    Veracious Poet:

    The state of Nature has a law of Nature to govern it, which obliges every one, and reason, which is that law, teaches all mankind who will but consult it, that being all equal and independent, no one ought to harm another in his life, health, liberty or possessions ~ for men being all the workmanship of one omnipotent and infinitely wise Maker; all the servants of one sovereign Master, sent into the world by His order and about His business…

    Only humans would consider themselves to be a gift to the Earth from God himself and that God gave humans the Earth to manage.

    Then the human takes the next step, the step that involves him communicating with God, then that person is able to tell the rest of us what God wants …. He wants us to have laws and rules and morals … morals that have also come direct from the “infinitely wise Maker” (wise because he created us).

    Wait for this one …. God looks just like us, in fact, he is basically one of us, so we are sort of God, in fact he missed us so much that he came down here as Jesus, Mohammad etc (take your pick) to see us and do something amazing …. note that he did not come down to save any other of the creatures, just us … do hedgehogs have their own Jesus?

    One thing humans are brilliant at is self delusion and bullshit.

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