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 September 21, 2022  Posted by at 8:00 am Finance Tagged with: , , , , , , , , , , ,  Add comments


Max Ernst Untitled 1913

 

Russian Lawmaker Reveals Mobilization Plans (RT)
Checkmate (Schryver)
Four Occupied Ukraine Regions Plan Imminent ‘Votes’ On Joining Russia (G.)
Russia Will Support Donbass Referendums – Duma Speaker (RT)
Kiev Vows To Use Force Against Breakaway Regions (RT)
Peaceful Solution To Ukraine Crisis Currently Not Possible – Russia (RT)
The West Is Waging A War To Destroy Russia (Kornilov)
US General Claims Huge Ukrainian Successes In Air (RT)
Ukraine Unlikely To Get US F-16s Soon – Politico (RT)
Germany’s Die Linke On Verge Of Split Over Sanctions On Russia (G.)
Europe’s Economy And Living Standards Are Plummeting (OR)
Has Biden Passed The Point Of No Return In Provoking China? (Fomenko)
The Worst Socioeconomic & Geopolitical Crisis in History – Celente (USAW)
Americans Drowning In Long-Term Credit Card Debt (ZH)
America’s Open Wound (Edward Snowden)

 

 

With a 12-hour delay, Vladimir Putin has declared a partial mobilization in Russia (300,000 reservists?!), citing the need to protect a 1,000 km frontline with Ukraine. Details will be forthcoming. Lots of rumors swirling around, the most interesting of which is perhaps that Central Bank Governor Elvira Nabiullina allegedly submitted her resignation. A condition for her staying on was no mobilization. How she feels about this partial one we will find out.

One thing that is obvious is that it is no longer Russia vs Ukraine. That 1,000 km frontline requires a lot of non-Ukrainian forces and weapons. Obviously, the upcoming elections in four Ukraine regions, perhaps as soon as this weekend, carry the potential of Russia needing to protect these regions vs attacks. They have largely Russian populations, and Putin is sworn to protect these people.

 

 

 

 

Excess death

 

 

 

 

Szamuely

 

 

 

 

This is from yesterday, well before Putin’s speech at 8 am Moscow time:

Russian Lawmaker Reveals Mobilization Plans (RT)

Amending the criminal code with provisions for mobilization, martial law and wartime doesn’t necessarily mean Moscow is about to declare a draft – or war, Russian lawmaker Andrey Kartapolov clarified on Tuesday. Kartapolov, who chairs the Defense Committee of the State Duma, was the co-author of the amendments the lower house of the Russian parliament approved on Tuesday. Among other things, they establish criminal penalties for crimes committed during “wartime,” “martial law,” or a “mobilization period.” Fears that this means a mobilization are “absolutely unjustified,” Kartapolov told the Parliamentary Gazette.

“There will be no general mobilization. The president has spoken about this more than once and is directly speaking through his press secretary Dmitry Peskov and many other politicians at the federal level.” Having a law is not the same thing as mobilization, Kartapolov argued, adding that the amendments were “not specifically linked to the special military operation” in Ukraine, but were designed to function “for a long time, at least until they are no longer needed.” The adopted amendments include harsher punishments for looting or going AWOL during wartime, or committing any crime during a period of military mobilization. They also criminalize the sabotage of defense contracts.

Kartapolov also confirmed that the militias of the Donbass republics would be integrated into the Russian military, in case Donetsk and Lugansk vote to join Russia later this week. This would “significantly change the situation in a number of ways,” he said. Donetsk and Lugansk declared independence in 2014, after a US-backed coup in Kiev. Moscow recognized them in February, shortly before launching the military operation in Ukraine. Territories of Zaporozhye and Kherson under the control of the Russian and Donbass troops also announced on Tuesday that they would vote to join Russia later this week.

Read more …

Will Schryver thinks it’s all a done deal.

Checkmate (Schryver)

It is a foregone conclusion that Lugansk, Donetsk, Zaporozhye, and Kherson regions of the former Novorossiya will be re-assimilated into the Russian motherland. Odessa will follow at some point in the not-so-distant future. And the empire’s refusal to acknowledge the legitimacy of these developments will prove utterly irrelevant. Western media and puppet politicians can scream “Russian aggression” and “sham election” all they want, but the unadorned fact is that these regions are overwhelmingly ethnic Russians whose collective desire is to be reunited with what they view as a powerful and ascendant Russia.

In conjunction with this shrewd political act, Vladimir Putin will almost certainly announce later today a major escalation of Russian military action in Ukraine – very likely at least a partial mobilization of Russia’s as yet untapped military might. This will result in a rapid acceleration in the ongoing process of annihilation of the Ukrainian military, its mountains of NATO weaponry, and its numerous “foreign volunteers”. This, of course, presents the empire with an existential dilemma. The defeat of NATO’s proxy army, weapons, and leadership in Ukraine at the hands of the Russians will be viewed all around the world as an unprecedented defeat of American hegemony; a watershed moment that will carry with it profound geopolitical consequences.

As I have argued for months now, it will mean the end of NATO as a credible military alliance. It will mean the end of the European Union as presently constituted. In other words, a decisive defeat of the empire’s aspirations in Ukraine will be viewed in Washington, London, and Brussels as an existential threat – which it is. And, as such, it is difficult for me to envision them submissively acquiescing to the outcome.

Read more …

Where better to turn for background info than the tried and tested Guardian?

Four Occupied Ukraine Regions Plan Imminent ‘Votes’ On Joining Russia (G.)

Four Russian-occupied regions in Ukraine have said they are planning to hold “referendums” on joining the Russian Federation in a series of coordinated announcements that could indicate the Kremlin has made a decision to formally annex the territories. Moscow may be betting that a formal annexation would help halt Russian territorial losses, after a successful Ukrainian counteroffensive that has reclaimed large portions of territory in the Kharkiv region. The occupied Donetsk and Luhansk regions have said they are ready to hold “polls”, which will be universally viewed as rigged, as soon as this week, with announcements also made in Kherson and Zaporizhzhia. Some Russian media have reported that Vladimir Putin may deliver a speech on Tuesday evening on a potential annexation.

As Ukrainian troops begin making advances in the Luhansk region, Russia may be worried that it can’t win on the battlefield and threaten a potential escalation, including a formal declaration of war or even a nuclear attack, by claiming to defend its own territory. “Everything that’s happening today is an absolutely unequivocal ultimatum to Ukraine and the West,” wrote Tatiana Stanovaya, an expert on Kremlin politics and founder of R.Politik. “Either Ukraine retreats or there will be nuclear war.” “To guarantee ‘victory’, Putin is ready to hold referendums immediately in order to obtain the right (in his understanding) to use nuclear weapons to defend Russian territory.” Also on Tuesday, the Russian state Duma passed new amendments to the legal code that directly refer to “mobilisation” and “martial law” and introduce criminal liability for desertion or wilful surrender during that period.

The Kremlin has so far resisted a full mobilisation, likely due to fear of a political backlash. Now, however, it seems that the Kremlin may be willing to go further than before, including using nuclear blackmail in order to freeze the war and solidify its territorial gains in Ukraine. The decision has not been publicly adopted by the Kremlin or Vladimir Putin. However, senior Russian officials, including the former president Dmitry Medvedev, have supported calls for the referendums. In a post on his Telegram page, Medvedev, the deputy head of Russia’s security council, said that the referendums would “completely change the vector of Russia’s development for decades”. They would also prevent a future Russian leader from reversing Russian support for the Ukrainian regions, he wrote. “That is why these referendums are so feared in Kyiv and in the west,” he wrote. “That is why they need to be carried out.”

Read more …

Remember that Russia declined to recognize the 2014 votes in Luhansk and Donetsk until February 2022.

Russia Will Support Donbass Referendums – Duma Speaker (RT)

Should the Donbass republics vote to join the Russian Federation after holding public referendums, Moscow will respect that decision, Vyacheslav Volodin, chairman of the lower house of parliament, said on Tuesday. During a plenary session of the State Duma, Volodin stated: “if in the course of a direct declaration of will they say they want to be part of Russia, we will support them.” He added that the people of Donbass “must understand today that we expect them to freely express their will.” Volodin’s comments came as the leaders of the Donetsk and Lugansk People’s Republics announced that they will be holding referendums on joining Russia, with the votes set to take place between 23 and 27 September.


The Russian-controlled Kherson and Zaporozhye regions of Ukraine have also confirmed they will be holding similar referendums on the same dates. The Deputy leader of the Kherson military-civilian administration, Kirill Stremousov, stated that residents want to join the Russian Federation as soon as possible because they fear being left behind, and want “guarantees” that Moscow will protect them from Kiev’s forces.

Read more …

Perhaps the main reason for the partial mobilization.

Kiev Vows To Use Force Against Breakaway Regions (RT)

Senior officials in Kiev have dismissed as irrelevant plans for a number of current and former Ukrainian regions to hold referendums on whether to join Russia. Andrey Yermak, President Vladimir Zelensky’s chief of staff, described the proposed votes as “blackmail” by Moscow. “This is what fear of defeat looks like. The enemy is afraid and uses primitive manipulations,” he said in a post on social media on Tuesday. Yermak added that “Ukraine will solve the Russian question,” insisting this could be done “only by force.” Foreign Minister Dmitry Kuleba also downplayed news of the upcoming referendums, dismissing the move as a “sham.”


“Ukraine has every right to liberate its territories and will keep liberating them whatever Russia has to say,” he tweeted. The condemnations and threats came in response to bids by the Donetsk and Lugansk People’s Republics, as well as Ukraine’s Kherson and Zaporozhye regions, to hold referendums on the question of joining the Russian Federation. The votes could take place as early as this week. Kiev previously threatened any person who takes part in such a plebiscite with criminal prosecution. Ukrainian Deputy Prime Minister Irina Vereshchuk said participants could be sent to prison for up to 12 years.

Read more …

Crystal clear.

Peaceful Solution To Ukraine Crisis Currently Not Possible – Russia (RT)

The armed conflict in Ukraine cannot be resolved through negotiations under current circumstances, Kremlin spokesman Dmitry Peskov said on Monday, as cited by Interfax. Asked if there was a path towards a diplomatic settlement, Peskov said that “at the moment, such a prospect cannot be observed,” the news agency reported. Moscow blamed Kiev for the suspension of peace talks. In late March, the two parties discussed a draft peace agreement, which would make Ukraine a neutral state in exchange for security guarantees given by major world powers. However the Ukrainian government ended talks in April, after accusing Russian troops of having committed war crimes, an allegation that Moscow said was based on falsified evidence.


Ukrainian President Vladimir Zelensky has since declared that his country will only be satisfied by defeating Russia on the battlefield and pushing its forces from the entire territory claimed by Kiev. That includes Crimea, the former Ukrainian region that rejoined Russia after an armed coup in Kiev in 2014. Moscow considers Crimea to be under its sovereignty and its status not subject to discussions. Russian President Vladimir Putin commented on Kiev’s position last week stating: “Zelensky said publicly … that he is not ready to talk to Russia. Well, if he is not, fine by us.” Earlier this month, Ukraine launched a major military counter-offensive in the north east, forcing Russian troops to pull back from some areas. Another of Kiev’s attempts to make gains in the south was far less successful and reportedly resulted in serious casualties and loss of military equipment.

Read more …

A friend pointed out that RT’s articles pop up at other places, a sort of workaround of the ban. For most articles that is not necessary, since they’re short and I can just copy them. For longer ones, I’ll try to use for instance this site, azerbaycan24.com.

The West Is Waging A War To Destroy Russia (Kornilov)

And here comes Bucha 2.0: Another provocation where Ukraine has allegedly discovered “mass graves of victims” shortly after Russian troops have withdrawn. This time in Izium. What it amounts to is clear evidence that along with the development of the military conflict in Ukraine, the informational “special” operation against Russia is intensifying. It’s not even about Kiev’s reaction – officials there concoct primitive fakes against our state and the army non-stop, around the clock. The indicator here is the way in which this provocation was immediately picked up by Western politicians, who are already urgently calling for an “international tribunal” to punish Russia. Meanwhile, the West’s media, in a united push, is putting unfounded statements about “mass executions and torture in Izium” on its front pages.

[..] Now the masks are being thrown off and the cadre of Russophobes can openly articulate their long-held dreams. The Daily Telegraph recently featured the former NATO commander in Europe, General Ben Hodges, in a high-profile article about preparing for Russia’s disintegration. Hodges, who is employed by CEPA – a lobby group bankrolled by US arms contractors and NATO – is arguably one of the most active ‘talking heads’ about the Ukrainian crisis on Western television right now. The general hopes the collapse of our state will be fueled by our ethnic diversity and he hopes that Western economic sanctions will create a situation in which it will be impossible to feed 144 million people. The American has clearly not thought how these arguments could also be applied to his home country, which has been torn apart by racial divisions in recent years.

Below Hodges, the idea has been cheerfully picked up by less well-known figures operating on the ideological field of Russophobia. The Polish magazine New Eastern Europe published an article about deconstructing Russia and reconstructing the “post-Russian space,” calling it a risky but inevitable scenario. The authors called on the West to lead the process of our state’s disintegration right away. This is echoed by the Canadian-British professor Taras Kuzio on the pages of the Atlantic Council, a NATO-aligned pressure group and the main mouthpiece of Western Russophobes. He, too, cheerfully declares that the process of “the collapse of Putin’s Russian empire” has begun.

Hodges’ theses are repeated almost word for word by Estonia’s top Kremlinologist Vladimir Yushkin on the pages of the website of the International Centre for Defence and Security. However, he adds nonsense about the allegedly developing “colonization of Siberia by the Chinese” –which tells us he doesn’t know how to use statistics.

Read more …

Anti-aircraft defenses on the ground. But a one-sided claim.

US General Claims Huge Ukrainian Successes In Air (RT)

Ukrainian forces have prevented Russia from gaining air superiority over the frontline in their country, while causing serious damage to Russian air power, a four-star US general reportedly claimed. Soviet-built anti-aircraft defenses fielded by Ukraine have managed to shoot down at least 55 Russian aircraft, Gen. James Hecker told the annual Air Force Association conference on Monday, as reported by Politico. The general, who commands the US Air Forces in Europe – Air Forces Africa (USAFE-AFAFRICA), spoke during a panel discussion about the conflict in Ukraine. Hecker said Ukraine’s use of anti-aircraft weapons has denied Russian ground forces the air support they needed. He said the situation has surprised Western military analysts. Ukraine is seeking to beef up its air defenses, and the general suggested that eastern European nations, who have old stockpiles of Soviet weapons, should transfer them to Kiev.


The top US official also claimed that Ukraine’s air force has mostly remained intact since the start of the conflict, retaining about 80% of its fleet, contrary to reports from Russia. The Russian military claims to have inflicted heavy losses on the Ukrainian air force throughout the conflict. As of Monday, it said it had destroyed 294 Ukrainian warplanes and 155 Ukrainian military helicopters. Part of the panel discussion focused on US efforts to arm Ukrainian warplanes with AGM-88 High Speed Radiation Missiles (HARM) anti-radiation missiles, which were recently included in US arms shipments to Kiev. Hecker said fitting the US-made weapons to Soviet-made aircraft “was quite an effort” for US military contractors and acknowledged that shooting them from F-16s was a better option, according to Breaking Defense outlet.

Read more …

“.. it could take two to three years before Kiev could actually get them..”

Ukraine Unlikely To Get US F-16s Soon – Politico (RT)

If the US decides to provide Ukraine with F-16 fighter jets, it could take two to three years before Kiev could actually get them. That’s according to a Politico report, citing US Air Force General James Hecker. Hecker, who heads US Air Forces in Europe – Air Forces Africa (USAFE-AFAFRICA) is said to have made the prediction during a speech on Monday at an annual Air Force Association conference. According to Politico, Hecker put the delay down to logistical and training issues, but said he believed that Ukraine could get the US-made warplanes sometime in the future, because “folks are starting to think more long term.” The outlet reported last week that the US government was considering sending F-16s and Patriot long-range anti-aircraft missiles to Ukraine, expecting that the conflict with Russia would last for years.


Washington has stepped up its arms shipments throughout the conflict, eventually agreeing to provide multi-launch rocket systems, such as HIMARS, as well as long-range artillery platforms. The US has been sending increasingly heavier weapons to Kiev, stating that it would provide military aid for as long as it takes to push Russian forces from every part of the territory that Ukraine claims under its sovereignty. However, the Pentagon has so far refrained from sending some of its more sophisticated weapons, such as heavy armor or fighter jets, instead agreeing to facilitate transfers of Soviet-era equipment from third countries such as Poland and the Czech Republic.

Read more …

“..how dumb is the idea that we can punish Putin by pushing millions of German families into poverty and destroy our economy..”

Germany’s Die Linke On Verge Of Split Over Sanctions On Russia (G.)

Germany’s Die Linke could split into two parties over the Ukraine war, as the ailing leftwing party’s indecisive stance over economic sanctions against Russia triggered a series of high-profile resignations this week. The German Left party’s future has hung in a precarious balance since it snuck into the national parliament last autumn under a special provision for parties that win three or more constituency seats. Should three of its 39 delegates resign from the party, Die Linke would lose its status as a parliamentary group and attached privileges over speaking times and committee memberships. Party insiders say such resignations are a matter of when, not if, after a week of vicious public in-fighting over a speech in which the former co-leader Sahra Wagenknecht accused the German government of “launching an unprecedented economic war against our most important energy supplier”.

Supporters of Wagenknecht, a controversial but prominent figurehead, are already hatching plans for a breakaway party to compete in the 2024 European elections, the German newspaper Taz reported this week. Such a split would be likely to spell the end of Die Linke, 15 years after it was founded in a merger between the successor to East Germany’s Socialist Unity party and former Social Democrats disillusioned by their party’s direction under Gerhard Schröder, and just under a decade after it formed the largest opposition force in the Bundestag’s 2013-17 term.

In her speech last Thursday, Wagenknecht had called chancellor Olaf Scholz’s left-leaning governing coalition “the stupidest government in Europe” because it imposed sanctions on Russia, which supplied over half of Germany’s gas needs before the start of the war in the spring. “Yes, of course the war in Ukraine is a crime”, Wagenknecht said. “But how dumb is the idea that we can punish Putin by pushing millions of German families into poverty and destroy our economy while Gazprom makes record profits?” The speech was greeted with applause not only by the Linke leadership but also by delegates of the far-right Alternative für Deutschland (AfD).

Read more …

“European products are becoming uncompetitive on the world market: their price is much higher because of the cost of electricity and gas.”

Europe’s Economy And Living Standards Are Plummeting (OR)

The ill-considered sanctions against Russia have exposed the most acute problems of Europe which is rapidly losing its economic power. A tremendous amount of businesses are on the verge of bankruptcy. A flood of migrants from Africa, the Middle East and Ukraine requires more and more budget spending. Funds are also being used to support the Kiev regime. As a result, Europe’s economies are deteriorating and living standards are plummeting. In Britain 60% of enterprises are on the verge of closing due to higher electricity prices. This is reported by the analytical group Make UK, representing the interests of British industry. 13% of British factories have reduced working hours and 7% are temporarily closing down. Electricity bills have risen by more than 100% compared to last year.

In Germany, according to the Leibniz Institute for Economic Research, the number of firms and individuals went bankrupt in August alone rose 26% compared to the same period last year. The figure was significantly higher than German analysts had forecast. According to experts, during the autumn the number of bankruptcies will only increase. This is connected with the increase of the cost of production processes, in particular with the rise in prices for energy. German Chancellor Olaf Scholz acknowledged that many Germans have faced with rising prices for fuel and food. Most countries in Europe were in a similar situation. But the authorities are sacrificing the quality of people’s lives in order to continue to exert pressure on Russia. At the same time, many experts believe the stopping of Nord Stream will cause Europe’s worst energy crisis in decades.

This circumstance has already caused a sharp rise of prices of energy resources on the European market. As a result, energy bills of European households have increased. According to Goldman Sachs’ analysts, its cumulative cost will peak in early 2023, increasing by 2 trillion euros. It has also led to a record depreciation of the European currency over the past 20 years. The increased cost of gas, heat and electricity has an adverse effect on the living standard of the people. But an even more dangerous problem is the falling liquidity of European products produced at the new cost of energy. European products are becoming uncompetitive on the world market: their price is much higher because of the cost of electricity and gas.

Attempts by EU leaders to introduce a price cap on energy from Russia have completely failed. European countries are themselves to blame for the problems they face this coming winter because of reduced gas supplies from Russia, Turkish President Recep Tayyip Erdogan said. According to him, “Europe reaps what it sows”, while Turkey “has no problems with gas supplies”.

Read more …

As long as you don’t recognize Taiwan as an independent state, you’re meddling in the internal affairs of China.

Has Biden Passed The Point Of No Return In Provoking China? (Fomenko)

It’s not the first time Biden has made such direct comments regarding American involvement in a potential conflict. It’s actually the third time in a year. Yet each time, the White House has walked back on it stating the “policy has not changed” regarding the island. But at this point in time, it can hardly be described as a gaffe worth overlooking, and Beijing is no longer likely to see it that way. In their eyes, the US policy of “strategic ambiguity” is coming to an end, with America moving irreversibly toward the de-facto support of Taiwan independence to contain China. When the United States normalized relations with the People’s Republic of China in the 1970s and accepted the “One China Policy,”Congress quickly imposed the “Taiwan Relations Act” on the Presidency in order to legally entrench US commitment towards the island.

By stating that the US would support “peaceful reunification” but in the process was obligated to give the island a “means to defend itself”- the policy of strategic ambiguity was born, that is the lack of clarity as to whether the US would directly intervene in the event of a contingency. The US has made periodic weapons sales to the island which has enraged Beijing, yet things otherwise remained stable for decades bar one crisis in the 1990s. But now, we live in a completely different world. The US is increasingly abrogating its commitment to the “One China Policy” and “strategic ambiguity,” increasingly giving unconditional support to Taiwan with a view to obstructing reunification altogether. Whilst the US continues to speak of maintaining the “status quo” it is quite obvious that its actions have sought to completely undermine the equilibrium between the two by backing Beijing into a corner.

Nancy Pelosi’s highly provocative visit, and the scores of hawkish US congressmen who have flowed in after, talk of the US pre-emptively placing sanctions on China over Taiwan irrespective of whether it invades or not, and the advancing of the Taiwan Policy Act which aims to give Taipei billions in military aid. China’s stern response to these provocations, which involved considerable military exercises, did not deter the US or make it think twice at all. Rather, events in Ukraine – where Washington supports Kiev against Russia – have only emboldened the US to push forward with the Taiwan issue even more, precisely because it sits on the side lines and allows other countries to be destroyed whilst selling its arms and using mass media coverage to market it. Now, for example, Taiwan wants to buy HIMARS launchers from the US in 2023.

Read more …

“Nobody is talking about peace . . . and don’t you dare talk about peace. . . . We are being driven to war by mentally ill people . . . All they want is control.”

The Worst Socioeconomic & Geopolitical Crisis in History – Celente (USAW)

“We are facing the worst socioeconomic and geopolitical crisis in modern history. The Covid war, this happened and that happened because of the pandemic. There was no pandemic. This happened because of politicians, little pieces of scum crap . . . one after another said close down your business, don’t go outside, don’t go to the beach, close down the swings and don’t let kids go and play. You have a socioeconomic crisis, the likes of which are unprecedented, and the damage caused by the Covid war is incalculable. (The CV19 Vax is part of Covid War.) Office occupancy rates are at about 45% tops. So, all the businesses that depended on commuters are gone. 30% of dry cleaners are out of business.

No more happy hours. In New York City, there are about 1,300 less people that clean office buildings now. This is real. People forget that in 2019, Germany was going into a recession. There were protests and demonstrations going on all over the world. . . . People were taking to the streets and protesting a lack of basic living standards, government corruption, crime and violence. It was one of our top trends. This is before the Covid war. They artificially propped up the governments. It was the Federal Reserve and the central banksters. They artificially pumped up the economies. There is almost $8 trillion pumped into the U.S. economy by the government to artificially prop it up. . . .

When you look at the Covid war, the draconian, demonic mandates and lockdowns that they imposed on businesses, when you look at the Ukraine war, the sanctions and the stupid things they are doing, they are creating the worst socioeconomic and geopolitical crisis in modern history.” Celente points out, “Nobody is talking about peace . . . and don’t you dare talk about peace. . . . We are being driven to war by mentally ill people . . . All they want is control.”

Read more …

Let rates rise…

Americans Drowning In Long-Term Credit Card Debt (ZH)

In June we reported that consumer credit – particular revolving credit – was through the roof, as tapped-out consumers relied on credit cards to make ends meet. This has only gotten worse.. Acccording to an Aug. 30 report from the Federal Reserve Bank of New York, credit card balances increased by $46 billion from last year, becoming the second-biggest source of overall debt last quarter. While both student and car loans hit all time new highs at the end of the 1st quarter. And so it comes as no surprise from Bloomberg that more US consumers are saddled with credit card debt for longer periods of time. According to a survey by CreditCards.com released on Monday, 60% of credit card debtors have been holding this type of debt for at least a year, up 50% from a year ago, while those holding debt for over two years is up 40%, from 32%, according to the online credit card marketplace.

And while total credit-card balances remain slightly lower than pre-pandemic levels, inflation and rising interest rates are taking a toll on the already-stretched finances of US households. “About a quarter of respondents said day-to-day expenses are the primary reason why they carry a balance. Almost half cite an emergency or unexpected expense, including medical bills and home or car repair. The Federal Reserve is likely to raise interest rates for the fifth time this year next week. Credit-card rates are typically directly tied to the Fed Funds rate, and their increase along with a softening economy may lead to higher delinquencies. Total consumer debt rose $23.8 billion in July to a record $4.64 trillion, according to data from the Federal Reserve.” -Bloomberg. The Fed’s figures include credit card and auto debt, as well as student loans, but does not factor in mortgage debt.

Read more …

CIA.

America’s Open Wound (Edward Snowden)

Our glittering nation of laws observes this year two birthdays: the 70th anniversary of the National Security Agency, on which my thoughts have been recorded, and the 75th anniversary of the Central Intelligence Agency. The CIA was founded in the wake of the 1947 National Security Act. The Act foresaw no need for the Courts and Congress to oversee a simple information-aggregation facility, and therefore subordinated it exclusively to the President, through the National Security Council he controls. Within a year, the young agency had already slipped the leash of its intended role of intelligence collection and analysis to establish a covert operations division.

Within a decade, the CIA was directing the coverage of American news organizations, overthrowing democratically elected governments (at times merely to benefit a favored corporation), establishing propaganda outfits to manipulate public sentiment, launching a long-running series of mind-control experiments on unwitting human subjects (purportedly contributing to the creation of the Unabomber), and—gasp—interfering with foreign elections. From there, it was a short hop to wiretapping journalists and compiling files on Americans who opposed its wars. In 1963, no less than former President Harry Truman confessed that the very agency he personally signed into law had transformed into something altogether different than he intended, writing: “For some time I have been disturbed by the way CIA has been diverted from its original assignment. It has become an operational and at times a policy-making arm of the Government. This has led to trouble…”

Many today comfort themselves by imagining that the Agency has been reformed, and that such abuses are relics of the distant past, but what few reforms our democracy has won have been watered-down or compromised. The limited “Intelligence Oversight” role that was eventually conceded to Congress in order to placate the public has never been taken seriously by either the committee’s majority—which prefers cheerleading over investigating—or by the Agency itself, which continues to conceal politically-sensitive operations from the very group most likely to defend them.

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Dan Aykroyd SNL 1978
https://twitter.com/i/status/1572332575137402882

 

 

 

 

 

 

 

 

 

 

Human chain

 

 

 

 

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Home Forums Debt Rattle September 21 2022

Viewing 37 posts - 41 through 77 (of 77 total)
  • Author
    Posts
  • #116450
    zerosum
    Participant

    We survived without food banks
    The first food bank in Canada opened its doors in 1981 in the city of Edmonton, Alberta.[4] In 1987, the Canadian food bank community created the Canadian Association of Food Banks to represent food banks nationally.[3]

    There are now over 700 food banks and 3,000 food programs available in Canada.[5]

    #116451
    John Day
    Participant

    Putin address to the nation, with subtitles (“Subtleties”?)

    Address by the President of the Russian Federation

    #116452
    willem
    Participant

    The ultimate state of emergency is the declaration of martial law. This pretty much allows the PTB to do anything they want under the color of war, including massive censorship and the jailing of violators. So I suspect the challenge now is to get the actual hot war started, but keep it from going nuclear and completely destroying the planet. However well-equipped and protected their doomsday bunkers are, even the plutocrats don’t want to spend the rest of their lives inside a hole, even a luxurious one.

    Regarding Transnistria, I saw this a couple of months ago, pretty interesting writeup:

    https://www.palladiummag.com//2022/07/18/war-will-decide-the-fate-of-transnistria/

    #116453
    Michael Reid
    Participant

    Beyond the Peak

    Beyond the Peak

    #116454
    zerosum
    Participant

    Taking off the gloves
    Should there be an expectation of imposing/enforcing, a “no fly zone” anywhere in the Ukraine, by Russia.

    #116455
    zerosum
    Participant

    Taking off the gloves
    No more elite tourists going to Kiev

    #116456
    Michael Reid
    Participant


    Martin Armstrong discusses his new book based on declassified documents where in the 1990s the West, NATO, and Russian oligarchy plotted to seize Moscow, loot Russia, and takeover its natural resources. Yeltsin turned to Putin who was not a communist and is not an oligarch. The Moscow apartment bombings or propaganda surrounding them being a false flag would likely have come from Boris Berezovsky. The Great Reset is basically a debt default and the EU is a disaster that will fall apart. At this point most of the attack on Russia is related to “climate change” and to shut down fossil fuels.

    Martin Armstrong: The Plot to Seize Russia & Make It a NATO Vassal

    #116458

    Armstrong: “”The media could not be loaded, either because the server or network failed or because the format is not supported.””

    #116459
    zerosum
    Participant
    #116460
    John Day
    Participant

    @DBS:
    The Money Economy Is Not the Real Economy: “The Global Banking and Financial System is Fatally Flawed” https://www.globalresearch.ca/money-economy-not-real-economy/5793905

    This shift toward commodity backed national currencies, while not a total solution to the money problem, is a positive step toward reconnecting the means of payment to real economic value.

    This will eventually lead also to the emergence of a new standard of value against which the value of currencies, as well as goods and services, can be measured, not only against one another on foreign exchange markets, but more objectively against the value of real goods and services. That standard will not be gold, as it was in the past, but a wide assortment, or “market basket,” of useful commodities like the commodity standard I’ve been proposing for more than 40 years. History shows that, as exchange systems evolve, credit instruments become the primary payment media because the quantity of credit money is able to expand and contract in step with economic activity and the actual supplies of goods and services. Then, the selected standard commodities serve only as the measure of value and unit of account to quantify credit obligations.

    Just as happened in the past with gold, I expect the commodities in a standard “basket” will serve as a new measure of value, but payments will be made using credit instruments and the credit clearing process, with perhaps, occasional settlement of residual account balances by the transfer of actual commodities. As I’ve repeatedly explained in my books and articles, it is crucial that these credit currencies be spent into circulation on the basis of an adequate real value foundation and without interest charges.

    #116461
    Afewknowthetruth
    Participant

    Oroboros

    That image of lava flowing across a road reminds me of the idiotic volcano movie in which a jeep-type vehicle with rubber tyres was driven across lava so that the heroes could reach safety.

    Americans have lived in an increasingly surreal puppet show since WW2. And the US projected the idiotic puppet show onto much of the rest of the world once televisions became cheap enough for most families in ‘developed nations’ to have them.

    Does anyone know why every minor metal-to-metal impact results in a shower of sparks, or why angle grinders are used so extensively on space colonies?

    One of my favourite space adventures: Galaxy Quest.

    https://en.wikipedia.org/wiki/Galaxy_Quest

    #116462
    Afewknowthetruth
    Participant

    For people who don’t read books or read internet articles; for people who avoid truth; for people who take their propaganda straight from the liar’s mouth:

    “Made me laugh out loud.”

    [Biden] “…to hold Russia accountable for atrocities and war crimes, because if nations can pursue their imperial ambitions without consequences…”

    #116463

    Oroboros- That grocery store video reminded me of when the Gorbachevs came to the Twin Cities, and visited the local luxury store called “Byerly’s”, from whence I have just returned. It’s just a regular grocery store now, except it still has premium prices. But huge pumpkins were going for only 9 bucks, so we had to visit.

    Donbass votes, NATO declares war on Russia? (Hah! Nothing today is ever so straightforward.)
    That would be a day when I would remember where I was.
    If that were to happen, they will “round up” the pro-Russian commenters, I think.
    Has war always been a means to cover up slimy crimes?
    I just ordered Whitney Webb’s new 2 vol. book: “One Nation Under Blackmail”. I’m very eagerly awaiting it. We’re going to have a big agreement.

    I have a copper hammer. It doesn’t spark.

    #116464
    Bishko
    Participant

    “The $64,000 question is this: Is there an interstellar “prime directive” that prevents them from interfering in the affairs of other planets?”–Maxwell Quest

    It may be this is what the Council of Five is for, delicately steering the human race to a better, less dangerously animal like behavior before we destroy ourselves and ‘our’ beautiful planet. Indications are that time is running out, or their patience is, and that something must be done soon, a “Childhoods End” sort of thing. However, that said there are probably several other species, not of the Council, who may not see the prime directive as “Prime”. This can help explain many of the unusual reports around the globe.

    I don’t think that it is a coincidence that Roswell occurred just after our first open nuke tests. Sent them scrambling.

    #116465
    Michael Reid
    Participant


    I remain of the opinion that we’re headed into the biggest economic smashup in history.

    The Height of Idiocy

    #116467
    chris_gee
    Participant

    i just posted this in NZ. Little enough but venues here for such comment are virtually non-existent.
    At the risk of bringing the conservatives out of the woodwork, and attracting the attention of the S.I.S. or even the CIA, with the likelihood of WW3, probably in the end nuclear, it seems to me to be desirable, indeed critical, to not allow those whose ideological stance fosters it free rein.
    The propaganda that the Russian invasion of Ukraine is illegal and immoral omits the history of intervention since 2014 and before. Much like the bully provoking and provoking, and then screaming blue murder, and feigning innocence when there is a reaction.
    Ardern’s reported comments at the U.N align her squarely with Biden, Trudeau, Truss, Macron et al – a motley and dangerous group to ingratiate oneself with.
    Sure, in the fifties there was the domino theory, followed by Vietnam, Korea, Afghanistan, Iraq, Iran Syria etc. All for whose benefit?
    So who determines our diplomatic and foreign policy? To say war is ultimately in the domain of parliament, while true in a sense, would be to ignore the stoking of the fire, and the effect of unchallenged propaganda.

    #116468
    D Benton Smith
    Participant

    @JohnDay regarding https://www.globalresearch.ca/money-economy-not-real-economy/5793905
    about the fatally flawed money system.

    Cool article on fatally flawed money system. The movie looks familiar.

    After a society has accomplished the easy part of establishing a broadly agreed standard or “benchmark” (such as gold or a “basket of commodities”) which can then be represented by symbolic currencies and used to facilitate a real economy, then comes the hard part.

    The hard part is in detailing a systematized administration of laws and protocols that will enable moving those symbolic currencies and physical commodities in such a way that cheating does not destroy the whole structure. So far they haven’t had much luck at that.

    The lack of luck . . . . as has been observed by countless other people . . . . is because the “the Devil is in the details.” Any decent criminal can “back engineer” a reasonably good and well intentioned rule of law, to find the loophole which can then be turned to criminal advantage. It’s a lot like life itself. Heaven help us when (as in the present case) the shysters get to design the rules directly, from scratch, to serve their dastardly purposes, which are always the same. Namely, to take more than they give and get away with it.

    Honestly fair people don’t need many rules. Efficiently accurate accounting pretty well covers it. Professional scoundrels, on the other hand, will not be constrained by any set of rules, no matter how enlightened and refined they might be, except the immutable laws of the Universe itself. That one stumps them every time, but apparently doesn’t seem to stop them from trying the other way.

    I think making them sane is the only financial system with much hope of success . . . . but that it is a cosmically complicated ( and BIG) balancing act in itself. The trick seems to be avoiding both death by violence AND cessation of physical life by means of spiritual rapture . . . . but to somehow manage living precariously in the middle with acceptable levels of anxiety about accidentally going to far in either direction.

    Still waiting for the Jury on that one. A little worried about the look on the foreman’s face when they filed out of the courtroom.

    #116469
    Dr. D
    Participant

    Denunciation, as I do, is from constant, chronic frustration and disappointment in people you care about too much. If you want to live, fight! …And by ‘fight’ I mean maybe buy one extra can of beans at the store and have a happy wood stove with a flashlight and batteries. NOPE! That’s why it’s so frustrating and disappointing. Can’t get that single step.

    Celente’s injection of THOUSANDS of dollars — his whole 401k — is a good example. During a war, he holds a rally for peace. On his own dime, as a life-long media person, with THOUSANDS of press releases. Nothing.

    No-thing. Nada. Zip. Nuttin’. Not even the usual rally-which-does-nothing, but no rally, no cameras, no people, no press. No PEACE. They, the people, are clearly by this response, #AntiPeace. Violently, actively, tirelessly #AntiPeace. What can you say? I’m happy, mom? Don’t worry about it, dad? It’s nothing, son. I’m sure doesn’t mean anything and nothing bad will happen.

    Uh-huh. VERY bad. Very grave. Highest urgency and alarm. Being in a country that is default “pro war” has never come to any good yet and won’t this time either.

    “nuclear blackmail” noting that “if its territorial integrity is threatened Russia will definitely use all the means at its disposal” to defend Russian territory.”

    That is, when Donbass joins Russia, Russia will nuke NY. And London. ¿Comprendes, Méndez?

    Yes, totally blind to money. I listen to a lot of financials and they interviewed Wall St traders: “Hey where do you think the money from your front-running insider trading comes from?” Da Boyz literally didn’t know. Literally didn’t know because they literally didn’t care. The guy asking the question (Pento? Celente?) joked they think money comes from a magic Keebler money tree. Like LITERALLY think the money comes from thin air and no one was harmed, no one should be mad.

    That’s the one-sided coin. Because all the little working stiffs can’t get back at them. Yet.

    They didn’t use gold COINS, they used gold notes. Long history of it. So back-end all promises up to the customer gave 30 days credit wholesale. Very normal. Paid in gold. That’s the limit, the put up or shut up. The notes were then immediately sold at pro-rated discount for working cash, and speculators sat on these other peoples’ notes for their (small) risk. But as even the actual, 500 year gold standard was based on credit. Because credit is promises and people can promise things; you can’t stop them. However, the tie to gold still gave foundation, and the credit still gave elasticity. …Which were the reasons they gave to erase the gold standard and all ties to reality. But who doesn’t want the magic golden goose that gives unlimited credit with no risk*? I sure do. (* Actually the risk is transferred from ME, the printer, to YOU, the person or whole society, which is undermined from within. Because the printer then buys all problems, competitors, policemen, judges, and Kings, it cannot be stopped but can only collapse.)

    “Is there an interstellar “prime directive” that prevents them from interfering in the affairs of other planets?”

    Yeah, well, they’re CLEARLY interfering if they’re doing that. And they’re CLEARLY letting other people interfere without stopping them and holding them to their supposed rules. So some “Galactic Federation” or whatever we have: They’re the same useless s—t show as every other useless, crooked bureaucracy in the known universe. Why bring it up? If they exist, their own actions mean they’re good for f—k all. You’re on your own. If they had any love, or would lift any finger, it would never have got this far.

    I Do have questions about why they would stop it, if they are enlightened beings. (And clearly don’t stop it, much, or well) If they’re enlightened then don’t they recognize that consciousness will just change forms back to the eternal spirit? Therefore nobody “died”? So…who cares? I thought only us frightened unenlightened Joes cared. If you believe anything about Heaven, death, or spirit, why wouldn’t you ENCOURAGE going, death, transformation? …Right? Or does the explosion mess up their favorite transdimensional beach house?

    Yeah, some aliens. Some Federation. Some help. They’re about as useful as OPCW, AIEA, the BBC, and Amnesty International. Tits on a boar hog.

    #116470
    zerosum
    Participant

    All the commentators are making the argument/reason why you should not educate the slaves about money.

    #116471
    oxymoron
    Participant

    I mean I’m into it but the timing is eerie. Never let a problem go to waste. Sudden Adult Dirt Syndrome
    https://www.lifesitenews.com/news/california-gov-gavin-newsom-signs-law-allowing-human-bodies-to-be-turned-into-garden-soil/

    #116472
    slimyalligator
    Participant

    @oxymoron ‘I mean I’m into it but the timing is eerie. Never let a problem go to waste. Sudden Adult Dirt Syndrome’. CORPSE RECYCLING DAY. October 1st, 2022- 9am-11am or Until the truck is full.** Borough will Pay Recycle Charge for 1 item per residency** NON CONTACT!! YOU MUST STAY IN YOUR CAR & AND WEAR A MASK!! Please have exact change prepared for additional items Envelope preferred. RESIDENTS ONLY WITH ID

    #116473
    Oroboros
    Participant

    “Medvedev’s Map” of the New “Ukraine” 2023

    .

    #116474
    zerosum
    Participant

    Baby steps
    https://www.aljazeera.com/news/2022/9/21/mapping-the-ukraine-regions-voting-on-joining-russia
    Mapping the Ukraine regions ‘voting’ on joining Russia
    Russian-backed separatists in Donetsk, Luhansk, Kherson and Zaporizhia say they plan to hold ‘referendums’ on becoming part of Russia between September 23-27.

    #116475
    Afewknowthetruth
    Participant

    I followed John Michael Greer about 15 years ago. And then I realised that, although he got some aspects quite well, there were other aspects he just didn’t get at all.

    From the linked article.

    ‘Further out, as new civilizations rise on our ruins, technologies well suited to function within the long-term energy budget of our planet will doubtless blossom in turn.’

    On a planet stripped of resources and further into the bottlenecks of The Sixth Great Mass Extinction Event and Abrupt Climate Change? ‘New civilisations? Technologies?

    Let’s be blunt: Stone Age by 2040, if any of our progeny are lucky. Or complete extinction by 2040 if they are less lucky.

    Okay, if ‘we’ were to reduce annual fossil fuel extraction by 90% immediately and stop making war, maybe there could be a third scenario.

    But I put the probability of cutting fossil fuel extraction by 90% and stopping war at approximately 0.00001% because the nation that controls much of the global financial system and the global propaganda systems has a war economy. And it has sociopaths and psychopaths in control.

    #116476
    Susmarie108
    Participant

    @Polemos – a truly exciting post! I love the view expressed throughout.

    For the sake of love – we do our part to heal in every breath, thought, spoken word, and action/deed. Heaven’s here on earth. Heaven’s in our Heart.


    @John
    Day. Such a worthy practice! Keep God’s presence in your Heart and move on. I would walk with you anytime.

    LOVE to All.

    #116477
    John Day
    Participant

    @Susmarie108: I love that Tracy Chapman album.

    #116478
    V. Arnold
    Participant

    Dr. D
    Participant
    Denunciation, as I do, is from constant, chronic frustration and disappointment in people you care about too much. If you want to live, fight! …And by ‘fight’ I mean maybe buy one extra can of beans at the store and have a happy wood stove with a flashlight and batteries. NOPE! That’s why it’s so frustrating and disappointing. Can’t get that single step.

    Celente’s injection of THOUSANDS of dollars — his whole 401k — is a good example. During a war, he holds a rally for peace. On his own dime, as a life-long media person, with THOUSANDS of press releases. Nothing.

    No-thing. Nada. Zip. Nuttin’. Not even the usual rally-which-does-nothing, but no rally, no cameras, no people, no press. No PEACE. They, the people, are clearly by this response, #AntiPeace. Violently, actively, tirelessly #AntiPeace. What can you say? I’m happy, mom? Don’t worry about it, dad? It’s nothing, son. I’m sure doesn’t mean anything and nothing bad will happen.

    …and there it is…the reality of todays U.S. citizens…
    Spot on Dr. D
    I couldn’t bear, so I fought back…

    #116479
    Redneck
    Participant

    Back in Feb. when Russian troops crossed the border into Ukraine I was a major Putin/Russia supporter.
    The upper most thought at the time was , “ Purin , don’t fuck this up!”
    and what did he do? He fucked it up!
    When the Russian forces made the dash to Kiev the world, NATO , myself thought it would all be over very quickly and it should have been , but Russian intl was fooled by Ukranian intel , there would be no overthrow of the Zelensky government and no Russian puppet goverment put in place to implement Putin’s SMO plan. While the columns were parked on the highways , throwing flowers to the locals and moving to the curb to politely let the civilian traffic through , there was no coup , the Putin plan had already fucked up.
    Then the manpads and Ukranian forces appeared , columns were destroyed as manpads were deployed at close range. The Ukranians had lured the Russians into a trap.
    So then Putin fucked up more , instead of calling in the missles and airforce to vaporise Zelensky and co. he called the first retreat. Many dead Russians and heavy equipment lay burning in the fields and highways and byways of the Kiev region. Rumor has it that many Russian intel personnel found themselves in prison for thatmistake .
    Things like that happen when you have a powerful intimidating leader like Putin. Sychophants tell them what they want to hear , not what the need to hear. For example not so long ago Putin declared war on heart diseae in Russia . The beaurochracy and the system scrambled to acheive his goals. Soon the system was changed and fantastic results were pouring in , Purin’s intitiative was a huge success, but was it ? Slowly it was revealed that all the data was faked and that the health system was actually compromised not enhanced . The event became a national scandal in Russia .
    So the Russins retreated under fire and set up with another plan, fight a long ground and pound war of attrition , a war they were not prepared for.
    They had some success in the south with Mariupol being the moment of greatest triumph. Then everything slowed for the Russians and they had some big setbacks, the sinking of the flagship Moscow , the retreat from Snake island, isolated heavy losses , strikes inside the Russian border occurring.
    Meanwhile the alternative media channels I had begun to watch at the beginning of the op had moved from a position of reasonable neutrality to become full on spruikers of the Russian narrative. About three months ago it started to become obvious that they were being blatantly dishonest in their coverage of the conflict. I refer firstly to the two Alexses , the Duran and co , Ritter and Gonzales.
    Ritter described the debacle in Kiev as a great strategic victory that would go down in the history books as such. They begun to sound like MSM fake news all parroting the same buzz phrases , “ This war is already over , Russia has won” they spewed in unison. Exscuses were made non stop for the pathetic Russian attempt to take territory, “it is not about territory , Putin is playing five-D chess , the rest are running along behind trying to catch up.” On and on it went. The Ukranians were about to break and run their moral was so bad, Russia was systematically destroying their supply lines and ammo dumps , the Uky air force was destroyed on the ground , totally. Russian military tech was so superior , all imports of equipment coming into the country was destroyed as it crossed the border , the HIMARS and triple sevens were all vaporised and they were useless anyway because the Ukys were too dumb to operate them. The UKYs could never mount an offensive , it was all in their imagination Mercurous said. The wall of Russian artillery was invincible and Russia was having no casualties at all while Ukraine was losing so many it was unsustainable , the next big town was a key to Russian victory , take Yzium and all of the Ukrainian plans will disintegrate,they are about to break and run. blah , blah blah.
    Then the imagined and impossible offensive happened and Ukraine took about sixty thousand square kilometers of territory from the Russians.
    Suddenly the emporer had no clothes , Putin was swiming naked , the famed SMO was all fake , Putin had fucked it all up!
    The Russian public were embarrsed , humiliated and absolutely furious, politicians , pundits and the head on RT were apoplectic on Russian tv.
    But no body called out Putin , funny that , scared maybe?
    So there was about three weeks where the Russian people are in uproar and panic , how can they be losing , well Putin had fucked the whole thing up, thats why.
    Putin started fucking it up right from the very start. When the Maidan happened the Donbas and the Russian people were crying out for those territories to be annexed at the same time as Crimea , but Putin was scared and did nothing , remember he only recognised the Donbas republics the day before the invasion!
    Now the fuck up is obvious and some weeks have past Putin is back with a new plan , because he fucked the first one up. However every one in the alt media Putin cult continues to fake it and say that it was always part of the plan , now the final devastating move will be made that will illustrate it was all planned to be like this.
    The Grand Master is in his inner sanctum right now in deep meditation , any moment he will arise and enlighten us with his five-d chess superior intelligence.
    After twenty four hours in samadhi he emerges , “ Our iminent victory is at hand , I have decided eight years too late to have a referendum and take Donbass and the conquered territories, even though it is not about taking territory, or empire , into the RF and also you know that mobilisation I always promised will not happen , well it will happen but only a mini mobilisation , a mobilisation without a mobilsation. I know I said the SMO would be short and sweet but the front , you know the thing ,is a thousand kilometers long! Who knew? I just got word from Intel in the last hour that NATO is involved , Who knew? We are all pure and virginal and never tell lies but the West is so evil and wants to destroy us , who knew? Our boys at the front are all virgins , none of them drink or smoke , they spend all their time in prayer or meditation or talking to there mum , they always give the human flesh eating terrible fascists a tranquilliser shot before they kill them , being so humane and all. Our nukes are bigger than theirs , now the gloves are off we will show really show em!”.
    Apparently the truth is not allowed to surface inside the mind’s of the Putin’s cultists. ‘Cause pain , the pain of cognitive dissonance , it is just so unbearable “MUST NOT THINK WORDS LIKE , PUTIN FUCKKED UP.”
    So the Duran and the choir all sing the Russian anthem and everything will be put right now, finaly Putin the sage is awake and ready to deal the death blow.
    Except the new plan , is it different to the SMO? Well we can expect more violence but are the goals the same? How exactly does the new plan end? To win I would asume that NATO will defeated militarily and will submit to Russia in a total capitulation? What is the last move on the chess board by the master? Is he finally going to grow a set and totally shutdown the Europeans energy supplies? Is that guaranteed to bring them to their knees and the negotiating table? The Europeans have faced much tougher trials than this , London has been bombed, Germany was left a smoking rubble, is the new energy offensive be enough? For sure the Europeans will be pissed but will they love Russia because they have no gas to keep their children warm through winter? Are the shortages really going to be as bad as pro Russian media say? Will they hate their own leaders and ask Puitn to come in and save them? What will the European peoples attitude to Russia be when they are cold and hungry? All the world leaders who flocked to Russia to kiss the ring of the new Christ that had arrived to take then to heaven , what are they thinking now? Are they thinking Putin fucked up and what do we do now? How does Putin bring an end to hostilities? Right now there is only a guarantee for further hostilities. If the Donbas and other territories become part of the RF and Putin declares the new border and that the SMO is over and complete and the Russian guns stop , does that mean NATO and Ukraine also stop? Isn’t the EU and Germany planning to rearm and build a new Eu army , continue to expand NATO and prepare for a larger confrontation in the future? Will that be an acceptable future for Putin? Was not the expansion of NATO his original problem , the problem that brought about this debacle he finds himself in? Will the EU turn on all it’s old dirty energy plants in order to continue to confront Russia? The war can only end with America’s consent. America has intitated this conflict and unless they decide to have peace I can’t see how the conflict can stop. Can the EU apply enough pressure to the Banderas to make them sign away a large portion of their country? Will the Banderas ever surrender? Will Putin have to completely destroy the entire country and everybody in tit ? Has he got the cohones to reduce every city in the Ukraine into another Mosul? Does Putin have definitive answers to these questions? Does Russia still have enough arms in the warehouse to now start and win a much bigger war? Does he have some way to defeat NATO assymetrically other that the energy deprivation plan? Has he finally stopped fuckin up and got a plan that can be seen through to a successful and peaceful conclusion or is he walking into another Afghanistan , a twenty year war of attrition? How long will the Russian people put up with him fucking up? How bad will the repression in Russia get if they won’t?
    The Putin sycophants in the alt media are still kissing his ring and not one negative word has been said about his fuckups. Any criticism in Russia is being met with threats of fifteen year prison terms, some still remember the days of the USSR.
    So it turns out that most of the Russian narrativet was lies , Russian propaganda. Now it is obvious that there was an equal amount of hubris on both sides. The Russian were not the fighting force they had led me to beleive , they are not as technologically advanced as I had understood them to be , and Putin is not the genius he has been made out to be.
    I guess after writing this I won’t be getting a visa to the Russian victory celebrations in Moscow now.

    #116480
    boscohorowitz
    Participant

    Color me amateur regarding economics, and consider the following mostly intuition bordering on magical thinking, but it seems to me that Hong Kong’s markets are the global bellwether. Hong Kong smells to me like where the Bank of England truly resides (and that is definitely pure subconscious thought bubbling to the surface like swamp gas of an ignus fatuus).

    But it’s a powerful feeling I have, even if I just discovered it five minutes ago.

    Anyway, to me, Hong Kong tanking today strikes me as the first genuine snow-roll of an avalanche.

    Shaking Tail Feathers

    #116481
    boscohorowitz
    Participant

    Why does this seem poetically apt of our current global condition?

    Freezing Fire

    For realz

    Imagine if the worked in large groups in synchrony to open a few hundred burn holes in the lake, made large enough to keep burning. A bit of local climate change, jah? Anthropogenic global warming, postponing imminent Ice Ages for 150 years. (insert flaming fart joke)

    #116482
    boscohorowitz
    Participant

    “The development of the Industrial Revolution led to the large-scale use of coal, as the steam engine took over from the water wheel. In 1700, five-sixths of the world’s coal was mined in Britain. Britain would have run out of suitable sites for watermills by the 1830s if coal had not been available as a source of energy.[65] In 1947 there were some 750,000 miners in Britain[66] but the last deep coal mine in the UK closed in 2015.[67]”

    It would seem that the UK is uncommonly well and truly screwed.

    #116483
    boscohorowitz
    Participant
    #116484
    boscohorowitz
    Participant

    The uneven world of chemical accident investigation Experts point out differences, call U.S. Chemical Safety Board a world model in root-cause probes by Jeff Johnson, special to C&EN August 29, 2016

    ““However,” she says, “the only reason the accident got a royal commission investigation was because of no natural gas to Melbourne for three weeks. The investigation had nothing to do with the death of two workers. Nor was it formed to discover why it happened. It was about people having cold showers in Melbourne and the government needed to do something about it.”

    “Similarly, in Western Australia, the Varanus Island offshore natural gas line ruptured in 2008 at a processing port, cutting of gas to nearby Perth. It too resulted in a royal commission investigation and report.

    ““These investigations were not conducted to seek the accident’s root cause, or to discover a failure of process safety management, or see if similar conditions exist in other companies,” Kerin says.”

    #116485
    boscohorowitz
    Participant

    Deliberate sabotage? Yes, I say, if one considers that squeezing profit at the expense of necessary maintenance and upgrades is sabotage:

    Fire at Biggest US Midwest Refinery Threatens Fuel Supplies Wholesale diesel and gasoline prices jump throughout Midwest BP still working to assess damage and determine unit restarts

    How a massive refinery shortage is contributing to high gas prices June 26, 20225:00 AM ET Brittany Cronin

    Nice slow gradual sabotage, with maximum plausible deniability, and like going broke, happens gradually and then all at once. I don’t see anyone trying to bring the masses to their knees and enslave them besides a few crackpots who are good at gaming summits and getting them into the news. To me, KLaus Schwabb is less crazy than Elon Musk, and less dangerous.

    Schwabb doesn’t really comand much of anything. and isn’t very rich, a pipsqueak, really. Elon gets entire regions turned into lithium mine devastations (a ‘devastory’).

    #116486
    boscohorowitz
    Participant

    Closing remark: the anthropocentric world is falling apart, more or less as predicted going way back to lunatic tomes like Revelations (oh, that good Palestinian acid!). The various Herods and Neros of the world seem like good enough targets to blame, kinda like ducks in a barrel (or canards in a soundbite), but really, it’s an ancient daisy chain and while most of us aren’t in that exclusive club and its orgies of greed, we do like to watch. A hypnotic kind of anti-porn that rapes you as you watch, transfixed and condemnatory with throbbing erect index finger pointing at the news screen and a squeeze tube of lubricating epithets or, per a Firesign Theater quote: “It’s like dogs fucking in the street: I TRY not to watch, but…”

    A deft defenestration of a babbling imbecile whom history will probvably regard similarly to, oh, Marcus Garvey or the Reverend of the Jonestown Massacre: a well-meaning but dangerous crank who encouraged a lot of reckless dangerous bullshit but didn’t kill all that many people compared to, say, the world’s weekly auto fatality number.

    Meanwhile, my billion-dollar question is still: what on earth or beyond is going through PUtin’s mind regarding domestic public health? Maybe he just fucked up but is in too deep now to fix it and meanwhile, he has this existential war to finish.

    #116487
    boscohorowitz
    Participant

    “Sudden Adult Dirt Syndrome”

    I’m all for it. I don’t what manner of political sahyte-hay the losers-in-charge make of it. They turn everything to shit regardless. What’s the diff?We extract vast amounts of life, mostly via suffering imposed on other critters, and then we deny even the worms our flesh.

    Bury me please in the lone prairie

    #116488
    Afewknowthetruth
    Participant

    NZ update 22nd Sept.

    ‘SAILING ON BLINDLY, TOWARDS ROCKS

    Our merchandise trade result for August brought the largest single-month deficit ever at -$2.4 bln. For the year to August it was a deficit of -$12.3 bln also an all-time record. This is driving our diving current account deficit. As others have pointed out, this is financed by foreigners and their funding will continue – until they loose faith. And then very bad things could happen. Sadly there seem almost no public policy focus on this swelling deficit, itself a corrosive deficit.’

    All going according to the saboteurs’ plan, then.

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