Apr 062023
 


Paul Cézanne Forest 1902-04

 

Kiev ‘Not Ready’ For New Offensive – Ex-Polish Army Commander (RT)
Ukraine ‘Ready’ To Give Up Crimea, Says Zelensky Advisor (ZH)
Ukraine Defense Minister: No Negotiations With Russia, War Ends This Year (Az.)
Zelensky Vows ‘No Borders’ Between Ukraine And Poland (RT)
Finland’s NATO Membership Aimed At Escalation With Russia – Philippot (TASS)
Macron Warns China Against Supplying Russia With Weapons (TASS)
NATO Chief Issues Warning To China (RT)
Russia Demands Release Of Ukrainian Bishop (RT)
France Braces For Further Protests on Thursday (RT)
Ukraine Offers One Third Of Its Gas Storage To Europe For Next Winter (TASS)
Saudis Aren’t Afraid Of US Anymore (Bhadrakumar)
The Trump Case is a Test For the President And The Legal System (Turley)
Trump Case Shows Divide Among US Elites, Political Crisis Near – Expert (TASS)
Why the Panic Is Just Beginning (Rickards)
Swiss Banks Faced Risk Of ‘Full-scale’ Deposit Run – Regulator (RT)
Fully Vaxxed Lose 25 Years of Life Expectancy (Slay)

 

 


“Some of us still believe that, without freedom, human beings cannot become fully human and that freedom is therefore supremely valuable” – Aldous Huxley

 

 

McCain

 

 

 

 

Harmeet

 

 

Mark Levin

 

 

Farage Giuliani

 

 

Pepe Escobar:
Saudi FM Faisal bin Farhan Al-Saud and Iranian FM Hossein Amirabdollahian have held the first Saudi-Iran official meeting in seven years in…… Beijing. They are starting to bury trillions of Exceptionalist dollars spent on Divide and Rule.

 

 

 

 

“Zelensky is visiting Poland to prepare a “diplomatic coalition” for eventual peace talks with Russia..”

Kiev ‘Not Ready’ For New Offensive – Ex-Polish Army Commander (RT)

Ukrainian President Vladimir Zelensky is visiting Poland to prepare a “diplomatic coalition” for eventual peace talks with Russia, retired Polish general Waldemar Skrzypczak has claimed. He argued that Kiev cannot achieve its aims on the battlefield, and will need Western support for negotiations with Moscow. Skrzypczak was speaking to the Rzeczpospolita newspaper on Wednesday, as Zelensky arrived in Warsaw to meet senior officials. The former commander of the Polish Land Forces rejected the idea that Ukraine should use Western weapons for a last-ditch offensive against Russia – a scenario reportedly being pressed upon Kiev by its foreign backers. “Pushing the Ukrainians into an offensive is unjustified at the moment, because they are not ready for it. Now it’s time for politicians,” Skrzypczak argued.

The retired general believes that “neither side has an advantage” on the battlefield and that there is “no chance of a military end to [the conflict].” The Polish government is among the most vocal supporters of Ukraine in its confrontation with Russia. Zelensky has traveled to the country to meet with Polish President Andrzej Duda and Prime Minister Mateusz Morawiecki, among other officials. Warsaw has described the occasion as the first “official” visit by the Ukrainian leader since hostilities escalated in February 2022, even though Zelensky previously passed through Poland on his way to the US and the UK. According to Warsaw, the trip demonstrates Poland’s important international role. Publicly, the US and other Western nations have pledged to assist Ukraine “for as long as it takes” to inflict a strategic defeat on Russia.

Kiev has vowed not to negotiate with Moscow until Ukrainian forces have regained control of all its former territories, including Crimea. Moscow has repeatedly said it is open to talks with Kiev on condition that it recognizes “the reality on the ground.” That includes the new status of four former Ukrainian regions which voted overwhelmingly to join Russia last autumn. Skrzypczak, who resigned his command under then-President Lech Kaczynski in 2009 but went on to hold several roles in the Polish Defense Ministry, predicted that Ukraine’s chances of a military victory in the long run would be undermined by a dwindling level of foreign support. “The West is slowly getting tired of the war, and voters that support aiding Ukraine are getting smaller in numbers. That is why it is necessary to build a front of support for Ukraine so that it has a strong voice in future talks,” he explained.

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Tectonic plates are shifting.

Ukraine ‘Ready’ To Give Up Crimea, Says Zelensky Advisor (ZH)

There has been much talk and reporting of the coming Spring counteroffensive by Ukraine forces, but with the fight for Bakhmut not going so well for Kiev, there’s also been talk of the need for compromise, at a moment Ukrainian casualties in the east are believed to be high. Last week we reported on President Volodymyr Zelensky’s voicing rare doubts concerning Bakhmut – as if preparing his people for news of a devastating defeat. And now, on Wednesday, the Financial Times is reporting the single most important development to come out of the conflict in a long time: Zelensky’s office says he’s ready to compromise on the future of the Crimean peninsula.

Naturally, the Ukrainians present themselves as speaking from a position of having the upper hand, which is the general tone of the remarks that Andriy Sybiha, who is deputy head of Zelensky’s office, gave to FT. Per the publication, “Kyiv is willing to discuss the future of Crimea with Moscow if its forces reach the border of the Russian-occupied peninsula” – which marks the “most explicit statement of Ukraine’s interest in negotiations since it cut off peace talks with the Kremlin last April.” “If we will succeed in achieving our strategic goals on the battlefield and when we will be on the administrative border with Crimea, we are ready to open [a] diplomatic page to discuss this issue,” Sybiha said, previewing his high hopes for an imminent counteroffensive.

He explained however that “It doesn’t mean that we exclude the way of liberation [of Crimea] by our army.” But given that Ukrainian forces are nearly completely surrounded in the strategic city of Bakhmut in Donetsk region, despite pouring in massive amounts of manpower and equipment, the whole notion of “liberation of Crimea” is a pipe dream. Western officials themselves have in many cases long acknowledged the extreme unlikelihood of any Ukraine attempt to take Crimea at reaching success. The FT report hints at this in the following: Sybiha’s remarks may relieve western officials who are skeptical about Ukraine’s ability to reclaim the peninsula and worry that any attempt to do so militarily could lead President Vladimir Putin to escalate his war, possibly with nuclear weapons. To date Zelenskyy has ruled out peace talks until Russian forces leave all of Ukraine, including Crimea.

All of this represents a public reversal of sorts from Zelensky’s prior hardened stance of seeking the return of every inch of Ukrainian territory. For example, last October while feeling emboldened after billions in defense aid was pledged from the US and Western allies, he declared in a nightly address, “We will definitely liberate Crimea.” “We will return this part of our country not only to the all-Ukrainian space, but also to the all-European space,” Zelensky had said, not for the first time. He also repeated the same as recently as Sunday. Interestingly, FT cites yet another high-ranking Western defense official who admits the near impossibility of Ukraine actually taking Crimea militarily:

Rear Admiral Tim Woods, the British defense attaché in Washington, said on Wednesday that Crimea would need “a political solution because of just the concentration of force that is there and what it would mean for the Ukrainians to go in there”. He added: “I don’t think there’s going to be a very quick military solution…hence we need to see what are favorable conditions for Ukraine to negotiate and I think Ukraine would be up for that.”

Milan
https://twitter.com/i/status/1643612335792087041

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“..The results of sociological surveys also show that the people of Ukraine do not want peace but victory..”

Ukraine Defense Minister: No Negotiations With Russia, War Ends This Year (Az.)

Ukraine will not agree to peace agreements with the Kremlin regime and Russian President Vladimir Putin, said the Minister of Defense of the country Oleksii Reznikov, Report informs. According to him, the war may end this year: “The peace treaty with Russia is an exception. Ukrainian President Volodymyr Zelenskyy said he would not sit down at the negotiating table with Putin. The results of sociological surveys also show that the people of Ukraine do not want peace but victory. Therefore, all our partners must understand: we will not compromise.” Reznikov said that the military-political leadership is ready for negotiations only under the conditions of Ukraine – no change in the position. The minister called the war in Ukraine the biggest war on the planet after the Second World War:

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“Seizing control of the western territories of modern Ukraine, the so-called Kresy [‘borderlands’ in Polish], is the coveted dream of the Polish nationalists..”

Zelensky Vows ‘No Borders’ Between Ukraine And Poland (RT)

Ukrainian President Vladimir Zelensky met his Polish counterpart Andrzej Duda in Warsaw on Wednesday, during his first official visit to Poland since the beginning of hostilities between Russia and Ukraine in February 2022. “You have stood shoulder to shoulder with us, and we are grateful for it,” Zelensky stated during the meeting, pledging “no borders in political, economic and – especially important – in historical terms” between the two countries. The Polish president, for his part, promised to continue supporting Kiev in the conflict, revealing that Warsaw was ready to send all its MiG-29 fighter jets to Ukraine “in the future.” Poland has previously pledged 14 of its Soviet-made jets.

“Today we are trying to get for Ukraine… additional guarantees, security guarantees, which will strengthen Ukraine’s military potential,” Duda said, adding that Kiev had been protecting the whole of Europe from what he called the threat of “Russian imperialism.” Poland has been one of Zelensky’s top allies, transferring assorted hardware to bolster the Ukrainian military, including tanks and self-propelled howitzers, as well as rallying international support for such deliveries. Moscow, however, has claimed Warsaw has an alternate agenda, accusing it of pushing Kiev into a military catastrophe in order to seize western Ukrainian lands.

On Tuesday, the head of Russia’s Foreign Intelligence Service (SVR), Sergey Naryshkin, claimed that Poland’s military assistance to Ukraine was actually part of a secret land grab plan aimed at certain territories that historically belonged to the Polish-Lithuanian Commonwealth, which today are part of Ukraine. “Seizing control of the western territories of modern Ukraine, the so-called Kresy [‘borderlands’ in Polish], is the coveted dream of the Polish nationalists,” Naryshkin said, adding that Warsaw sees “the collapse of Ukrainian statehood after a military defeat as a condition for implementing this idea.” Over the course of the ongoing conflict, Naryshkin has repeatedly warned of the alleged Polish designs on Ukraine’s territory. Warsaw, however, has denied such claims, dismissing them as an information warfare operation.

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“NATO is an entity of American imperialism, which should have disappeared when the Cold War ended in the early 1990s.”

Finland’s NATO Membership Aimed At Escalation With Russia – Philippot (TASS)

Finland’s accession to NATO is a provocation aimed at escalating the conflict with Russia, leader of France’s Les Patriotes (The Patriots) party Florian Philippot told TASS on Wednesday. “I view it as a provocation aimed at adding more fuel to the conflict with Russia,” Philippot said, commenting on Finland’s accession to the North Atlantic Alliance. “I consider this step to be inappropriate and aggressive,” the politician added. According to Philippot, “NATO is an entity of American imperialism, which should have disappeared when the Cold War ended in the early 1990s.” The French politician also called for France’s withdrawal from the North Atlantic Alliance.


In May 2022, Helsinki and Stockholm submitted their applications to join the US-led alliance but the process was blocked by Ankara who demanded that the two Nordic countries extradite people to Turkey suspected of terrorism and being involved in the 2016 coup, and bans on weapons supplies to Turkey should be lifted. In order to resolve these issues, Turkey, Finland and Sweden signed a memorandum listing specific steps that, according to Ankara, the two Nordic nations should take. Turkey’s parliament passed a bill ratifying a protocol on Finland’s NATO membership on March 30. On Tuesday, Helsinki officially became NATO’s 31st member.

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Imagine you’re invited to China and you start by insulting your host.

Macron Warns China Against Supplying Russia With Weapons (TASS)

French President Emmanuel Macron said while visiting China that it was not in China’s interest to provide weapons to Moscow, Reuters reported on Wednesday, quoting Macron as saying. “China’s interest isn’t to have a lasting war,” Macron said, adding that should China send any arms to Russia, it “would be complicit in a breach of international law.” According to Agence France-Presse, the French president said that at a meeting with Chinese President Xi Jinping he was not going to threaten China with sanctions. On February 18, US Secretary of State Antony Blinken claimed that China was “strongly considering providing lethal assistance to Russia,” adding it might include ammunition and weapons.


In response, China’s Foreign Ministry Spokesperson Mao Ning said that the Chinese government did not accept coercion or pressure on Chinese-Russian relations from the US in context of China’s alleged military assistance to Russia. On Wednesday, Macron and European Commission President Ursula von der Leyen traveled to China on a visit that will last until April 7. It is Macron’s first visit to China in 3.5 years, since he visited Beijing in the fall of 2019 during his first term in office. Macron plans to focus on the Ukraine conflict and the bilateral French-Chinese ties, especially in the economic sphere, in Beijing.

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More warnings…

“..And it props up Russia’s economy..”

NATO Chief Issues Warning To China (RT)

NATO Secretary Jens Stoltenberg has urged China to halt its “growing alignment” with Russia, warning that any military assistance from Beijing to Moscow during the conflict in Ukraine would be a “historic mistake” with major consequences. Speaking after the conclusion of a NATO foreign ministers meeting in Brussels on Wednesday, Stoltenberg sounded alarms over Moscow’s friendly ties with the People’s Republic, suggesting Beijing could soon offer weapons to Russia despite its insistence that it has no plans to do so. “China refuses to condemn Russia’s aggression… And it props up Russia’s economy,” he claimed, adding “Allies have been clear that any provision of lethal aid by China to Russia would be a historic mistake, with profound implications.”

While the NATO head did not elaborate on those “implications,” Washington has previously threatened a response to Chinese military support, while the US Treasury has already moved ahead with sanctions for several China-based companies accused of supplying parts for drones allegedly used by Russian forces. Beijing has rejected any suggestion that it intends to supply weapons to Moscow, insisting it is “completely objective” toward the conflict while accusing US officials of spreading “disinformation” on the matter. Russia, too, has denied previous reports that it requested Chinese military gear. The two countries have nonetheless stepped up relations over the last year, with Russian President Vladimir Putin and his Chinese counterpart Xi Jinping vowing to “further deepen military mutual trust” after talks at the Kremlin last month. However, Putin has since stated that Russia is “not creating any military alliance with China,” despite their “cooperation in the sphere of military-technical interaction.”

Noting that the latest NATO meeting was largely focused on Ukraine, Stoltenberg went on to say that the alliance had agreed to create a “strategic multi-year assistance program” for Kiev. He voiced hopes that the project would “increase Ukraine’s interoperability with NATO, and to bring it up to NATO standards,” as well as assist the country “on its path to Euro-Atlantic integration.” During a press briefing after the first day of discussions in Brussels on Tuesday, Stoltenberg was asked when Kiev would be admitted into the bloc, but could not provide an answer, merely saying that NATO’s “position on membership is unchanged.” While the alliance first offered a seat to Ukraine back in 2008, it appears little progress has been made in the 15 years since, with one unnamed Western diplomat recently telling the Financial Times that NATO is simply “ignoring” Kiev’s membership application.

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“It also condemned President Vladimir Zelensky for claiming last week that Ukraine was a bastion of religious freedom “in our part of Europe.”

Russia Demands Release Of Ukrainian Bishop (RT)

Russia has demanded the release of Metropolitan Pavel, a senior bishop of the Ukrainian Orthodox Church (UOC), stating that it is concerned about his wellbeing. Pavel was taken into custody last week as Kiev sought to oust UOC monks from the historic monastery which he heads. In a statement on Wednesday, the Russian Foreign Ministry said it was angered by the Ukrainian government’s pressure to remove the UOC from the Kiev Pechersk Lavra. It added that Moscow is worried about the monks and priests, who “face the threat of a physical and moral crackdown,” and claimed Pavel’s arrest was a prime example of religious persecution. The leading bishop is being held under house arrest “in electronic shackles,” the statement remarked. It also condemned President Vladimir Zelensky for claiming last week that Ukraine was a bastion of religious freedom “in our part of Europe.”

Russian diplomats branded the remarks “the pinnacle of cynicism.” “We demand the immediate release of Metropolitan Pavel and his medical treatment,” the Foreign Ministry said. Pavel was taken into custody last Saturday, after the Security Service of Ukraine (SBU) accused him of inciting religious hatred and “justifying and denying Russian military aggression.” The court which ruled on his arrest was forced to interrupt proceedings when the senior cleric complained of health issues. Pavel was removed from Kiev and ordered to stay in a village 50km from the capital. The SBU has conducted raids on UOC churches and clerics, claiming to be looking for stockpiled weapons and evidence of treason. A report by the UN’s Office of the High Commissioner for Human Rights (OHCHR) said last month that the actions “could be discriminatory,” prompting a rebuke from Kiev.

Days before his arrest, Pavel blamed Zelensky personally for the crackdown on the UOC, vowing that God “will not forgive this action, neither to you nor to your family.” The Russian Foreign Ministry accused Zelensky of insulting the UOC’s ruling council by refusing to meet them and ignoring millions of people who support the church in Ukraine and beyond. “The Kiev regime stubbornly ratchets up its policy of moral terror against citizens and the faithful,” it said. Moscow also reiterated its criticism of the US government for a failure to address the situation, claiming that this proved Washington cannot be an arbiter on religious freedom. US reports on the issue are “bogus propaganda and puny political hackery,” the Foreign Ministry asserted.

Orthodox

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While Macron is in China.

France Braces For Further Protests on Thursday (RT)

French trade unions called for record turnout at protests on Thursday, after negotiations with the government over a controversial pension reform bill broke down. France has been consumed by protests and riots since President Emmanuel Macron’s government hiked the retirement age without a vote in parliament. Union representatives met with Prime Minister Elisabeth Borne on Wednesday, warning beforehand that they would walk out if Borne refused to entertain the idea of bringing the retirement age for most workers back to 62 from 64. Borne refused, and the union representatives walked out, calling for strikes and mass demonstrations the following day.

“We again told the prime minister that the only democratic outcome could be the text’s withdrawal,” Cyril Chabanier, who heads the CFTC union, told reporters. “The prime minister replied that she wished to maintain the text, a grave decision.” “We decided to put an end to this useless meeting,” the leader of the CGT union, Sophie Binet, added. “The prime minister has chosen to send us back to the streets.” Borne passed the text in question last month, invoking special constitutional powers to enact the pension reform legislation without a parliamentary vote. Raising the retirement age from 62 to 64 has long been a project of President Emmanuel Macron, who described the move as a “just and responsible” way to keep France’s social security system afloat.

The bill’s passage triggered an immediate wave of demonstrations and riots, with the largest protest drawing more than a million people into the streets across the country. Marches in Paris and some other cities turned violent, with black-clad rioters setting fires, smashing storefronts, and hurling rocks at police. The union chiefs called for similar turnout on Thursday. “We have to continue mobilizing until the end, until the government understands there is no way out other than withdrawing this reform,” Binet told the AFP news agency. “We can’t move on to anything else until this reform is repealed.” The bill is currently being examined by France’s Constitutional Council, which will issue a verdict on its legality next week. While the council can strike down or amend parts of the text, it rarely tosses entire bills.

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Ha ha ha. I offer to store your Russian gas …..

Ukraine Offers One Third Of Its Gas Storage To Europe For Next Winter (TASS)

Ukraine offered up to 10 billion cubic meters of its gas storage facilities to European countries, the Brussels-based Euractive portal reported on Wednesday, citing Alexey Chernyshev, Chairman of the Board of Naftogaz of Ukraine. “We want to offer our storages to Europeans <…>. “Right now, we are able to provide up to 10 bcm of storage,” Chernyshov said as quoted by the publication. According to the portal, he made such an offer during a discussion between representatives of Ukraine and the EU on the results of the first heating season in Europe without full-fledged supplies of Russian gas.


Chernyshev also said that Ukraine has the largest gas storage facilities in Europe, with a total volume of about 31 billion cubic meters. This, according to him, is more than enough for domestic consumption. “I can guarantee that I can rent this empty space to European countries that can store gas in Ukraine. And when they need it, they can get it back to Europe,” said the head of the company.

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“The Saudis are only doing what they need to do, and the White House has no say in the matter..”

Saudis Aren’t Afraid Of US Anymore (Bhadrakumar)

All that the Western leaders can complain about is that the OPEC+ cut in oil output has come at an inappropriate time. But the woes of Western economies cannot be laid at the door of OPEC+ as there are inherent problems which are now coming to the surface. For instance, the large scale protests in France against pension reform or the widespread strikes in Britain for higher wages show that there are deep structural problems in these economies, and the governments seem helpless in tackling them. In geopolitical terms, the OPEC+ move came after a meeting between Russian Deputy Prime Minister Alexander Novak and Saudi Energy Minister Prince Abdulaziz bin Salman in Riyadh on March 16 that focused on oil market cooperation. Therefore, it is widely seen as the tightening of the bond between Russia and Saudi Arabia.

In fact, in May, as the largest members of OPEC join Russia in its unilateral reduction, the balance of quotas and the ratio of market shares between and amongst the participants in the OPEC + deal will return to the level set when it was concluded in April 2020. The big question is, how Moscow might profit from the OPEC+ decision. The rise in crude oil prices particularly benefits Russia. Simply put, the production cuts will tighten up the oil market and thus help Russia to secure better prices for the crude oil it sells. Second, the new cuts also confirm that Russia is still an integral and important part of the group of oil producing countries, despite the western attempts to isolate it.

Third, the consequences of Sunday’s decision are all the greater because, unlike the previous cuts by the OPEC+ group at the height of the pandemic or last October, today, the momentum for global oil demand is up, not down — what with a strong recovery by China expected. That is to say, the surprise OPEC+ reduction further consolidates the Saudi-Russian energy alliance, by aligning their production levels, thus placing them on equal footing. It is a slap in the face for Washington. Make no mistake, this is another signal regarding a new era where the Saudis are not afraid of the US anymore, as the OPEC “leverage” is on Riyadh’s side. The Saudis are only doing what they need to do, and the White House has no say in the matter. Clearly, a recasting of the regional and global dynamics that has been set in motion lately is gathering momentum. The future of petrodollar seems increasingly uncertain.

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“If the New York bench retains any integrity, this case will be thrown out as legally improper..”

The Trump Case is a Test For the President And The Legal System (Turley)

For months, many have raised objections to the effort of Manhattan District Attorney to use a flawed legal theory to essentially litigate a federal election violation that the Justice Department opted not to charge. This bootstrap theory has been widely criticized, but many in the media sought to cut off that debate by suggesting that Bragg might be basing his prosecution on some unknown crime. Last week, Michael Cohen’s attorney Lanny Davis went as far to “warn all the pundits and everyone speculating…that there are lots of facts, lots of documents, lots of evidence of multiple crimes.” We now have the indictment, and it is basically what many of us anticipated. It is a series of stacked counts of falsifying business records for the purpose of influencing the election.

The indictment seems to address the lack of legal precedent with a lack of specificity on the underlying “secondary” felony. Bragg has done nothing more than replicated the same flawed theory dozens of times. This is where math and the law meet. If you multiply any number by zero, it is still zero. If the New York bench retains any integrity, this case will be thrown out as legally improper with an admonition to Bragg and his office for politicizing the criminal justice process. That, however, may be asking a lot of state judges who are elected on both the trial and appellate levels. They also may prove to be lawyers on the Wilde side.

The cost, however, to the legal system will be immense. In a single indictment, Alvin Bragg bulldozed any high ground that the Democrats had after January 6th. He has fulfilled the narrative of the Trump campaign by supplying a raw and undeniable example of the politicization of the legal system. What is most shocking is that this attack on the rule of law was met with the rapturous applause of many, including lawyers and legal pundits. They not only will ignore the affront to the integrity of our legal system, but celebrate its demise. Bragg himself threw a flag on the effort to indict Trump being pushed by a lawyer brought in as a special assistant district attorney for that purpose. Mark F. Pomerantz and his colleague Carey R. Dunne resigned — and their resignation letter was then leaked to an eager media.

Pomerantz then took a step that floored many of us: he wrote a tell-all book based on the still ongoing investigation. However, Pomerantz admits that career prosecutors balked at his radical proposals to find a crime — any crime — to nail Trump. That included an entirely bonkers money laundering charge against Trump where he would be the victim of an extortion effort. In his book, Pomerantz admits that “many of the lawyers were relentlessly negative.” Some prosecutors were clearly so upset by his efforts that they “defected” from the team. He also admitted that Bragg told him “that the consensus among the group of prosecutors with whom he had been speaking was not to go forward.”

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“..this case against the former American leader may ferment a further political crisis with dangerous consequences for the whole country..”

Trump Case Shows Divide Among US Elites, Political Crisis Near – Expert (TASS)

The legal proceedings against former US President Donald Trump are a testament to the rift in the US establishment and this case against the former American leader may ferment a further political crisis with dangerous consequences for the whole country, the board chairman of the Foundation for the Development and Support of the Valdai discussion club, Andrey Bystritsky, told TASS on Wednesday. The expert drew attention to yesterday’s reports about Trump’s two-hour arrest in the United States and the charges brought against him on 34 counts of falsifying the Trump Organization’s financial statements.

“This is a really big event and a very dangerous one for the United States, because it signals a deep split within the establishment and growing friction therein,” he stressed. Notably, the campaign against Trump gained momentum after the former president publicly expressed his intention to run for the US presidency again in 2024. The analyst called this a “big challenge” and did not rule out that the legal proceedings against Trump would ferment a deep political crisis. “This crisis didn’t start yesterday. In all likelihood, it will grow deeper [against the backdrop of the Trump case]. Things will get dicey,” the expert concluded.

On Tuesday, Trump was charged with 34 felony counts of falsifying the business records of the Trump Organization to bury allegations of extramarital affairs with porn actress Stormy Daniels that arose during his first White House campaign in 2016. The falsification of financial statements as such does not carry a prison sentence, but it becomes an aggravating circumstance, if the forgery was committed to cover up another crime. According to the prosecution, Trump tried to cover up certain offenses committed during the 2016 campaign. This is the first case ever of criminal charges brought against a former US president. Trump was kept in custody for about two hours under US procedural law. After his release he flew from New York to Florida.

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“This could be the crisis where the panic moves from the banks to the dollar itself…”

“What’s going on is a crisis caused by a shortage of Treasury bill collateral to support derivatives positions and shrinking balance sheets as a consequence of the collateral shortage.”

Why the Panic Is Just Beginning (Rickards)

[..] the 2008 crisis reached the acute stage on September 15, 2008, with the bankruptcy filing of Lehman Brothers. But that crisis began in the spring of 2007 when HSBC surprised markets with an announcement that mortgage losses had exceeded expectations. It then continued through the summer of 2007 with the failures of two Bear Steans high-yield mortgage funds, and the closure of a Société Générale money market fund. The panic then caused the failures of Bear Stearns (March 2008), Fannie Mae and Freddie Mac (June 2008), and other institutions before reaching Lehman Brothers. For that matter, the panic continued after Lehman to include AIG, General Electric, the commercial paper market, and General Motors before finally subsiding on March 9, 2009.


Starting with the HSBC announcement, the subprime mortgage panic and domino effects lasted twenty-four months from March 2007 to March 2009. Averaging our two examples (1998, 2008) the average duration of these financial crises is about twenty months. This new crisis is one-month old. It could have a long way to run. On the other hand, this crisis could reach the acute stage faster. That’s because of technology that makes a bank run move at the speed of light. With an iPhone you can initiate a $1 billion wire transfer from a failing bank while you’re waiting in line at McDonald’s. No need to line up around the block in the rain waiting your turn. In addition, the regulatory response is faster because they’ve seen this movie before. That begs the question of whether regulators are out of bullets because they’ve already guaranteed almost everything so they don’t have more rabbits to pull out of the hat.

This could be the crisis where the panic moves from the banks to the dollar itself. If savers lose confidence in the Fed (we’re almost there) not only will the banks collapse, but the dollar will collapse also. At that point, the only solution is gold bullion. [..] Further evidence comes from the fact that no sooner was the Credit Suisse shotgun wedding completed than investors aimed their sights at Deutsche Bank, another perennial weak link in the chain. Who’s next? Barclays? Santander? We don’t know. Neither do regulators or investors. But we do know more failures are coming. By the way, this is not really a banking crisis even though it plays out in the form of bank failures. What’s going on is a crisis caused by a shortage of Treasury bill collateral to support derivatives positions and shrinking balance sheets as a consequence of the collateral shortage.


Why doesn’t the Treasury just issue, say, $2 trillion of new T-bills and let the primary dealers and Fed underwrite them with as much printed money as needed? One reason is that neither Jay Powell nor Janet Yellen understands what we just described. The other reason is that we’re up against the X-Date when the Treasury runs out of cash and can’t borrow more because of the debt ceiling. Is Congress ready to raise the debt ceiling? Nope. It’s the usual Democrat versus Republican game of chicken with no resolution in sight. So, we go from bank runs to a Treasury bill shortage to a debt ceiling standoff in no time. Do regulators and financial journalists understand this? No, they don’t know how to connect the dots. But you get it.

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36,000 jobs lost?!

Swiss Banks Faced Risk Of ‘Full-scale’ Deposit Run – Regulator (RT)

The takeover of the troubled Credit Suisse by rival banking giant UBS has allowed Switzerland’s economy to avoid major problems, including deposit runs at other banks, national regulator FINMA claimed on Wednesday. FINMA and the Swiss central bank brokered the historic takeover for 3 billion Swiss francs ($3.3 billion) in a deal announced last month. As part of the transaction, the regulator ordered Credit Suisse to write down to zero some 16 billion Swiss francs ($17.6 billion) of its Additional Tier 1 (AT1) bonds – widely regarded as higher risk investments – with the aim of bolstering the bank’s capital and resolving its liquidity problems. According to FINMA CEO Urban Angehrn, the bankruptcy plan was “de-prioritized early on due to its high tangible and intangible costs.”

The chief executive pointed out that insolvency would have left the functional parts of Credit Suisse in operation as a Swiss-only bank, but one with a “damaged reputation.” A temporary takeover by the Swiss government would reportedly have exposed taxpayers to the risk of losses. “The parent bank Credit Suisse AG would have gone under – a Swiss bank with total assets of over 350 billion Swiss francs ($387 billion) and ongoing business also running into many billions,” Angehrn stated. “It is not difficult to imagine the disastrous impact the bankruptcy of a bank and wealth manager as large as Credit Suisse AG would have had on Switzerland’s financial center and private banking industry,” he explained. “Many other Swiss banks would probably have faced a run on deposits, as Credit Suisse itself did in the fourth quarter of 2022.”

The FINMA CEO went on to claim that “the damage to the Swiss economy, financial center and Switzerland’s reputation would have been enormous, with unquantifiable effects on tax revenues and jobs.” He also argued that the merger plan was ultimately favored both to stabilize Credit Suisse and to prevent a domino effect on the global banking sector. “The current fragile state of the financial markets due to the shift to monetary tightening in 2022, the uncertain economic outlook, the crisis at certain banks in the US and the whole geopolitical backdrop were also relevant to our decision,” Angehrn maintained. “There was a high probability that the resolution of a global systemically important bank would have led to contagion effects and jeopardized financial stability in Switzerland and globally.”

The US banking crisis exacerbated the troubles of Credit Suisse, which had been already battling a string of scandals, legal issues, and customer outflows. In addition, its biggest investor, Saudi National Bank, announced in March that it would not be able to provide financial assistance due to regulatory and statutory limits. Credit Suisse reported a 2022 net loss of 7.3 billion francs (nearly $8 billion) and warned that it would incur another “substantial” loss in 2023 before returning to profitability in 2024.

Read more …

If you claim stuff like this, you better be on very solid ground (I don’t think they are):

“..someone who’s had 4 or 5 shots and is 30 years old today can now expect to live to 55 at the oldest.”

Fully Vaxxed Lose 25 Years of Life Expectancy (Slay)

Those who have been fully vaccinated for COVID-19 with mRNA shots will lose 25 years of their life expectancy, a bombshell new study has revealed. Researchers analyzed government data from the U.S. Centers for Disease Control and Prevention (CDC), Cleveland Clinic Data, and insurance company risk assessment data. The analysis uncovered a disturbing trend showing life spans plummetting in those who had multiple doses of the shots. The latest Cleveland Clinic Data and the latest US data were analyzed by Josh Stirling, founder of Insurance Collaboration to Save Livess and former #1 ranked Insurance Analyst. Stirling’s study shows an incredibly disturbing trend. The damage to health caused by each vaccine dose does not lessen over time as it appears to continue indefinitely.

In fact, CDC All-Cause Mortality data shows that each vaccine dose increased mortality by 7% in the year 2022 compared to the mortality in 2021. Those who have had 5 doses were 35% more likely to die in 2022 than they were in 2021. If you have had one dose then you were 7% more likely to die in 2022 than you were in 2021. If you are unvaxxed then you were no more likely to die in 2022 than you were in 2021. The data shows that every year, excess deaths are soaring dramatically as all forms of mortality accelerate, despite the level of injections people take going down. The issue is not isolated to the United States, however, and is impacting nations all around the world. Recent government data out of Australia shows that the excess deaths in 2022 were 5162% higher than in previous years.

A year ago, doubly vaccinated Australians were 10.72x more likely to catch Omicron than the unvaxxed. Now they are 20 times more likely and the triply or more vaxxed are 35x more likely, as the latest NSW Health stats show. According to the study based on government data out of Cleveland, the average age of a man is around 80 years if he’s unvaxxed. Yet, the rate of vaxxed deaths is growing in comparison to unvaxxed. The study found that someone who’s had 4 or 5 shots and is 30 years old today can now expect to live to 55 at the oldest.

Read more …

 

 

 

 

125,000 years
https://twitter.com/i/status/1643534912501284864

 

 


Distortion in the Mercator map

 

 

These two snails live in different oceans, but their shell coils are identically inverted . Thatcheria mirabilis and Architectonica perspectiva fit together because their coils follow math rule known as Raup’s model

 

 

Heroine

 

 

 

 

Support the Automatic Earth in virustime with Paypal, Bitcoin and Patreon.

 

 

 

 

 

Home Forums Debt Rattle April 6 2023

Viewing 36 posts - 41 through 76 (of 76 total)
  • Author
    Posts
  • #132908
    Afewknowthetruth
    Participant

    You may not think that turds can speak, but Airstrip Five has a turd as a minister of government.

    This particular turd smelt so bad it could not get itself elected in the city if grew up in, so it took the alternative route and managed to get its hands on the levers of power via The Party list. Big Brother’s Party, that is.

    Being a turd, this thing was a complete failure at every appointment given to it…Minister of ‘Justice’, Minister of ‘Health’, Minister of Blah, Blah Blah…

    Yes, the turd does have a name: Littleman. Little in intelligence and even littler in moral fibre, despised in its home city (New Plymouth) and practically despised wherever it turns up.

    We’d like someone to scoop up this turd and fling it to a sewage processing facility where it could be shredded into small pieces and processed into compost. But this turd is so well protected by Big Brother it continues to float around the political scene, stinking out and contaminating every sector it is assigned to.

    ‘Pretty serious’: Defence Force personnel leaving in droves

    Andrew Little has walked straight into his first battle as Defence Minister – keeping personnel.

    Nearly 3000 regular force and civilian staff have resigned in the past 18 months from the Defence Force.

    The Beehive is in a battle of its own – stopping the flow of personnel leaving the Defence Force.

    New Defence Minister Andrew Little said retaining personnel “is my number one priority.”

    Briefings to the new Minister highlight the “unsustainable” problem of attrition.

    More than 2000 regular force personnel and nearly 700 civilian staff have left over the past year and a half.

    https://www.msn.com/en-nz/news/other/pretty-serious-defence-force-personnel-leaving-in-droves/ar-AA19xfAH?ocid=msedgntp&cvid=30580451cc61443ba77449cf56096fe8&ei=11

    P.S.

    I had personal dealings with Andrew Little over a period of time before he managed to get his snout into the public feeding trough and found him to be unreliable, cowardly, deceitful and dishonest: all the prerequisites to become a politician in New Zealand and make it to the top.

    .

    #132909
    Dr D Rich
    Participant

    @D Benton Smith

    Ha ha ha!
    You’ve been there….you know!

    We don’t need RFKjr’s martyrdom on-the-way-to sainthood at all. We need Bob the “pipe hitting homey” to avenge the aforementioned and 16yo Jonathan Zhao. RFKjr’s first target ought to be Fauci, but I’d nominate, if he consults me, The Antichrist himself, Scott Gottlieb.

    #132910
    Afewknowthetruth
    Participant

    It seems likely that there will be a lot of blown-up NATOstan tanks in the battle zone soon.

    “Before the beginning on May we are going to see something very big.”

    #132911
    Afewknowthetruth
    Participant

    This is huge. Russian warships invited into Jeddah, Saudi Arabia. And moves underway to bring Syria back into the fold.

    #132912
    jb-hb
    Participant

    phoenixvoice,

    Okay, so you said a Socialist declared that, as an Expert, after doing a Study they found NO parallels between the Socialism of 30/s40’s Germany and generally in-use Socialism…

    I suppose that you also side with the French nobles and leaders of the military who brutally suppressed the fledgling Paris Commune?

    I suppose I would HAVE to be a guy who sides with despotic 1800’s Catholic French noble old dead dudes if I give you a 4+ hour bibliographied video showing the parallels between 30’s/40’s German national socialism and Socialism generally, cause you sure aren’t dispelling any parallels.

    “Socialism” has been turned into a “bad word” used to label “bad things”

    Every time I check with the outside world current-day, I see the exact opposite. Like, actively vehemently opposite to that assertion. Saturatingly so. Via a multitude of mediums, institutions, etc. Such that practically anyone age 14-35 appears to believe socialism is the best system.

    The roots of socialism are the stories of oppressed people yearning for freedom.

    And how has that turned out for them, by and large? The feelings of the oppressed deserve respect. But Socialism doesn’t OWN oppression nor feelings. Socialism isn’t the inevitable mathematical product of some sort of oppression-feeling calculation.

    The Paris Commune was just experimenting?

    Capturing the heavy weapons of the national arsenal as an early goal. Attacking the government with an army with a view to replacing them. Summarily beating to death officials that show up and ask “hey what are you doing, what is going on” Rounding up dissidents and executing them. Banning of newspapers that didn’t agree with them.

    Interesting parallels with similar events in history, such as a loan from the Rothschilds even.

    Use of red flags. Forming of councils to root out enemies. (“Soviet” is Russian for council…)

    Smashing statues related to national pride. (It was voted on 12 April by the Executive Committee of the Commune, which declared that the column was “a monument of barbarism” and a “symbol of brute force and false pride.”)

    They “…called for a new column, made of melted-down German cannons, “The Column of Peoples, the column of Germany and France, forever federated.”

    Huh. Internationalist. Who was a fan of internationalist federation? Cosmic Coincidence.

    Even so, I would like Socialism to work. Truly, honestly, I would love for that to happen. I’m in favor of socialistic policies. I’m not an Ayn Rand anarchocapitalist or anything. I’m not a Republican. But then, Republicans just stayed normal assholes while the Democrats and Socialists etc went #%&ing nuts, so I’m kind of distracted from criticizing conservatives at the moment.

    Communism is defined as pure Socialism. What happens when you run things ONLY on socialist principles.

    Therefore I have a question for Socialists. At what point do you have too much Socialism? Where’s your line in the sand, the hill you die on where you say NOT A STEP FURTHER? Because – and I suspect Communists would agree here – if “too much socialism” isn’t a thing to you as a Socialist, then Socialists are just cowardly Communists, for whom Communists say the quiet parts out loud.

    And how much time do you spend arguing against the ubiquitous current-year Marxism that came from the European continent via the Frankfurt School and Western Academia? Vs arguing with apparent anti-Marxists? (anyone alarmed at current year marxism) What’s with being quiet as church mice, as a group, with the current year Marxists but speaking up if an “anti-communist” appears?

    (strangely, I’m not even anti communist per se, it’s just based on their track record, I can no longer trust them to not punch themselves in the face, not shoot themselves in the foot, or not kill 150 million people. At least Marx was working the problem – if Capitalism has something internal or external that ends the good times and brings the bad times, that matters. But instead of going back to basics and coming up with something awesome, they made a stupid new Mystery Religion. So now it’ll take another 70 years – not to admit their next failure, but simply experience it. I’ll be dead before the next time they even take another look. Fucking fuckers.)

    #132913
    Afewknowthetruth
    Participant

    Celente and Napolitano on top-down oppression and tyranny by the government (including Covid oppression, toking devaluation of money and undeclared wars).

    “You decide what goes into your own body. The Congress doesn’t decide. And the President doesn’t decide.”

    People were not allowed to say goodbye close relatives dying. This is what the government did to us! And most of the people behaved like sheep!

    “Freedom and democracy at the point of a gun, George W Bush.”

    No real freedom in the fascist police states of the West, of course.

    #132914
    Afewknowthetruth
    Participant

    stoking devaluation of money

    #132915
    Oroboros
    Participant

    Russian pranksters Vovan and Lexus forced former French President Francois Hollande to tell the truth

    “Pretending to be the former President of Ukraine Petro Poroshenko, the pranksters Vovan and Lexus contacted the ex-President of France Francois Hollande.

    “Poroshenko” discussed with Hollande how together they managed to remove Yanukovych and how the Minsk Agreements were just a way to pump weapons to #UkraineWillWin.

    “Everyone thought it was Putin who was playing for time. No, we were playing for time to strengthen Ukraine,” Hollande said.

    Hollande is such a douche-baguette

    Hahahaha!

    #132917
    Dr D Rich
    Participant

    To no one in particular except you know who you are:

    “The only thing any of us should want to kill is the lies, and killing liars does not kill lies.”

    Corollary:
    1. If I learn to balance this tack hammer on my head, then I can defeat my foe with a balanced attack. credit: Mystery Men
    2. Colonel Jessup said “You want me on that wall. You need me on that wall.” There are bad, murderous folk out there and they have no inhibitions. However, the most sophisticated monsters are cowards who convince proxies to carry out those malignant deeds. The latter the world calls Leadership, the kind devoid of gallantry, chivalry and restraint.

    “You never hate outsider-enemies as much as you hate your internal apostates.”

    Corollary:
    1. Internal apostates are interchangeable with The Antithesis in Eric Berne’s Alcoholic Games practiced the world over. As in, The Antithesis, he who refuses to drink or play the game is accorded the most horrific treatment, even worse than the Drunk/Alcoholic or his whiny Persecutor. Berne describes the Antithesis’s horrific mistreatment as usually one of three outcomes: a. Court/trial b. Emergency room for treatment c. Morgue

    2. Apostate is also interchangeable with Prophet. As in, a prophet is not without honor except in his own town.

    #132918
    Dr D Rich
    Participant

    Btw, does anyone remember the Moskva now that one this site’s commenters observed a Russian ship in Saudi Arabia?

    Well, doesn’t it appear a chess piece has been moved that IS casus belli for U.S. military “intervention” against MBS’s impudence in particular and the Arabian peninsula in general?

    #132920
    Oroboros
    Participant

    The Russian ship in the Saudi port is a ‘calling card’ directed at the Empire of Lies®.

    It’s says inside the card, “You feeling lucky Punk?”

    Signed,
    Vladimir

    the Empire of Lies®. will never chance ever putting a carrier group in either the Sea of Aden, the Persian Gulf, the Gulf of Oman or the Arabian Sea.

    Not having hypersonic missiles, or more importantly, not having any defense against hypersonic missiles, the Empire of Lies® is not only a Lame Duck but a Sitting Duck in that part of the world.

    .

    #132921
    aspnaz
    Participant

    The roots of socialism are the stories of oppressed people yearning for freedom.

    This made me laugh: socialism is people wanting government to look after them. It is an abdication of their own responsibilities and transferring them to the state. Yearning for freedom? More like yearning for Mum and Dad. Health care of children is a good example. Rich and poor alike both abdicate their child welfare responsibilities to the state and support that system. Socialism is the infantilisation of adults, the result being that in the west the state is now telling the infants what they can and cannot think, an inevitable result of infantilisation. Caring for the poor has nothing to do with socialism, most socialists are middle class NIMBYs and would not want poor people anywhere near their at-home reality.

    #132922
    Dr D Rich
    Participant

    It’s worth the time to check out TCT’s post on Xi and Macron.
    Btw the Chinese seriously bitch [epic panda] slapped Vonder Leyen (all apologies to the ladies and you too noirette)

    Epic Panda!

    #132923
    Dr D Rich
    Participant

    Neither Russia nor China are going to defend Saudi Arabia from the United States because Xi and Putin definitely don’t take orders from the same Overlords directing the stupidity from these United States. Hell, even Dr. D recognizes the latter.

    #132924
    aspnaz
    Participant

    Dr D Rich said

    It’s worth the time to check out TCT’s post on Xi and Macron.

    That table covered in blue cloth says it all: neither Macron of von Hitler have space to put their legs under the table, they are having to cope with the discomfort and look awkward, hence Macron is on the front of his chair. I am sure everything was fine for Xi.

    #132925
    aspnaz
    Participant

    Looks like the US bankers are 100% behind the WEF oligarchs, calling for confiscation of land in order to expand wind farms.

    https://joannenova.com.au/2023/04/head-of-jp-morgan-says-governments-seize-property-to-build-wind-and-solar-farms/

    #132926
    John Day
    Participant

    Kennedy Vs. Death 2024 is up, and I’m not optimistic https://drjohnsblog.substack.com/p/kennedy-vs-death-2024

    RFK Jr. is Running For President​ , and why this matters, A Midwestern Doctor​ (also Meryl Nass MD​,​ Peter McCulough MD, and myself)

    ​https://amidwesterndoctor.substack.com/p/rfk-jr-is-running-for-president

    Robert F Kennedy Jr, “Bobby”​ has headed up a Hudson River environmentalist group, “Riverkeeper” for 33 years. They have gotten the Hudson cleaned up by reporting pollution violators and bringing them to court. They have done a good job.

    Mercury pollution was one of the problems, and mothers of mercury-containing-vaccine injured children kept showing up at Bobby’s events, seeking to alert him to the mercury-preservative-neurotoxicity that disabled their children. He eventually read the medical papers, or the firs 6 inches of the 18 inch stack, was convinced, and began to assess vaccine-injuries to children, forming Children’s Health Defense in 2011, initially as the World Mercury Project.

    Wikipedia credits them with being “one of the main sources of misinformation on vaccines”.

    That pre-positioning, on the “wrong side” of a powerful and well funded lobby, which just went too far, has put Bobby Kennedy Jr. in a unique position.

    Liability-exempt vaccine manufacturing companies, fulfilling special “bioweapon countermeasure prototype” contracts with the Department of Defense, are trying to double-down on “safety and efficacy” of the variously mandatory experimental injections which fail to reduce COVID infections, seem to increase them, cause sudden deaths from strokes and heart attacks, myocarditis, autoimmune disease, loss of cancer-protections, and a rise in “excess mortality” in employed and unemployed alike. Over the past 2 years there has been growing awareness of injuries to children, their deaths, in and out of sports, and the extension of this to sports celebrities, other celebrities, family members and nice people that we all know.

    Meanwhile, in courts of law, Pfizer maintains that they never produced vaccine, just countermeasure-prototypes for the Department of Defense, and that no fraud was involved, because the DoD was aware of their falsification of documents, was fine with that, and kept paying them. The courts have completely accepted that defense, but people are generally unaware of those facts.

    I have called “Kennedy for President” since 10/25/2020 https://www.johndayblog.com/2020/10/kennedy-for-president.html

    #132927
    John Day
    Participant

    If you Google RFK Jr. Substack, you get Bobby’s Substack first, but #2 is a link entitled “RFK Jr is Controlled Opposition”. The comments in the MD blogs about RFK Jr’s candidacy have about 3 kinds of comments: those which are hopeful, those which are hopeless, and those who think he is “controlled opposition”.

    The main complaint is that Bobby signs-on to Anthropogenic Global Warming, and that this is a WEF agenda to reduce human population, and remove human freedoms, based on Agenda 2030 https://sdgs.un.org/2030agenda

    In 2007 Bobby supported moving away from fossil-fuels and transitioning to renewables, and saw that markets could work with that, and that it could be good. I thought that was good, too, but I doubted how far it could go so late in the game. https://www.rollingstone.com/politics/politics-news/robert-f-kennedy-jr-on-the-climate-crisis-what-must-be-done-192191/

    In January of 2020, just pre-COVID, Bobby talked about wildfires in Australia, those that threatened his California home, “our addiction to coal and oil” and his advocacy of “market mechanisms, like carbon taxes and the elimination of subsidies”. https://www.irishcentral.com/news/robert-f-kennedy-jr-climate-change

    Climate One website carries this RFK Jr. quote, “Our deadly addiction to carbon is the principal enemy to America’s prosperity, to our leadership, to our national security, to the values that makes us proud to be part of this country, and to the historic role that my family always believed in of America as an exemplary nation”.​ ​https://www.climateone.org/people/robert-f-kennedy-jr

    ​ Reality is more complicated than that. We are “addicted” to food, and to running water, electricity, natural gas, cars to drive to grocery stores, refrigerated food at low prices, and the lifestyle provided by our life support system, our “political economy”. Some of us have had the opportunity to travel to places where people subsist more as our rural ancestors did a century or more ago.​ Trekking in the Himalayas, Jenny and I were careful to carry our own filtered water, but I still had Giardia for the whole 3 weeks of the trek, having gotten it from incompletely cooked spinach crepes in Kathmandu, I think. This was an instructive exercise in trotting to the edge of town each morning at dawn to urgently relieve the gas and stool. We lost weight and ate lentils and rice, occasionally an egg, which seemed like a luxury, when available. It was a good exercise, followed by the heat of India in late May, with the monsoons late to arrive, then the comfort of a room with air conditioning in Thailand, where we rested and rehydrated for a few days, before continuing our travels.

    We, in the US and similar countries, use about 100 times the energy that our own bodies use each day. We can adapt to using less when we travel, because everybody else knows how to do it, and shows us. These answers are not going to come from Goldman Sachs selling carbon credits, or from buying a Prius or Tesla, since those have more embedded energy and pollution over their lifetimes than does a Toyota Matrix, for example. We cannot spend our way out of this impasse.

    We can adapt. All of us adapt regularly. We are the descendants of those who successfully adapted. Growing a vegetable garden and riding your bike are a start into the process of discovering the path. We have to work this problem together. Jimmy Carter tried to say that in his “sweater speech”; remember? https://billofrightsinstitute.org/essays/jimmy-carter-and-the-malaise-speech

    #132928
    Afewknowthetruth
    Participant

    A different face commenting on collapse (with appropriate charts).

    #132929
    John Day
    Participant

    Professor Nate Hagens (previously of The Oil Drum) talked to grad students at The Center For Homeland Defense And Security recently (Thanks Rick).
    [I had to look it up. That’s a Naval Academy Grad. School.] He presented an almost hour long lecture on the familiar theme that we are peaking or have just peaked, in a one-time carbon-pulse of energy inheritance, which we thought was a steady flow, but was really a lump-sum that we are about half finished with already. The first 12 minutes is his basic lead-in. The presentation gets more substantive after about 22 minutes, and he closes with the difficult point in time that will arrive in the next financial crisis, brought on by the inability to service exponentially expanding debt, in a finite economy, which is beginning to contract. He gives 2025 as a hypothetical time, but I think it could well be this year or next. He calls on these Naval Academy grad students to consider how they might serve their country in these coming times by providing stability. He has not gotten that worked out yet, but the first steps are to see the problem approaching, and to want to help.

    Consciousness of Sheep again points out that the complexities of real economy are blithely misunderstood, particularly by economists, but looking the other way does not slow their approach down at all.
    ​ ​Missed by most of us – at least prior to the 2008 crash – was the fact that economists were entirely unaware of what currency is and where it comes from. As Steve Keen was to explain:
    “It may astonish non-economists to learn that conventionally trained economists ignore the role of credit and private debt in the economy – and frankly, it is astonishing. But it is the truth. Even today, only a handful of the most rebellious of mainstream ‘neoclassical’ economists – people like Joe Stiglitz and Paul Krugman – pay any attention to the role of private debt in the economy, and even they do so from the perspective of an economic theory in which money and debt play no intrinsic role. An economic theory that ignores the role of money and debt in a market economy cannot possibly make sense of the complex, monetary, credit-based economy in which we live. Yet that is the theory that has dominated economics for the last half-century.”
    Currency then, a mere representation of the real economy – initially using precious metals, but today no more than an interconnected series of electronic bank ledger books – does not factor into the mathematically exquisite but entirely ungrounded econometric models – the simulacrum of a simulacrum – used by economists. And it is upon these models that both common-sense understanding – as delivered by the establishment media – and economic policy – the tertiary simulacrum – have been built.
    ​ ​This is one reason why, for example, having undermined global supply chains and driven up the cost of energy to the European economies, politicians and central bankers are left blaming the ensuing crises on such things as people retiring too early, workers asking for pay rises, and businesses attempting to cover their rising costs. It is also why, despite growing currency shortages, central bankers are still committed to interest rate rises which are likely to trigger a collapse far greater and far more widespread than the 2008 version.
    ​ ​Unfortunately, as we discovered during and in the aftermath from the pandemic, even natural sciences have become politicised to an extent which forces us to mistrust even that research published in scientific journals. Nevertheless, the requirement for objective research at least forces a degree of contact with the real world. The same cannot be said of economics, which is based solely on models of a financial economy which is merely a simulacrum – often a seriously distorted one – of the real economy… a real economy which is increasingly coming back to bite us for the erroneous decisions we have been making on the back of those detached economic models.
    ​ ​As I ruefully suggested in The Consciousness of Sheep, with access to a seemingly infinite supply of cheap energy and resources during some 300 years of industrial civilisation, like the adherents of some obscure religion, economists could come up with whatever nonsense they wanted to, and people in the real world would find a way of making it work. But now that energy is no longer cheap, and the resources available to us are depleting rapidly, the need to unthink economics is becoming existential. Rather than the current simulacrum, we desperately need a new science of the economy, properly grounded in the real world of energy, resources and physical limits. Instead, as we shall see in Part Three, the ruling technocracy is bent upon a further flight into the realms of utopian technofantasy – seeking to replace Planet Earth itself with a hyperreal digital simulacrum.

    Counterfeit World – Part Two – Economics

    Jim Rickards points out that all risk in the $US system has been transferred onto the system itself, as a solution, since 2008. Currency crisis is now possible.
    ​ ​By the way, this is not really a banking crisis even though it plays out in the form of bank failures. What’s going on is a crisis caused by a shortage of Treasury bill collateral to support derivatives positions and shrinking balance sheets as a consequence of the collateral shortage.
    ​ ​Why doesn’t the Treasury just issue, say, $2 trillion of new T-bills and let the primary dealers and Fed underwrite them with as much printed money as needed? One reason is that neither Jay Powell nor Janet Yellen understands what we just described.
    ​ ​The other reason is that we’re up against the X-Date when the Treasury runs out of cash and can’t borrow more because of the debt ceiling. Is Congress ready to raise the debt ceiling? Nope. It’s the usual Democrat versus Republican game of chicken with no resolution in sight.
    https://dailyreckoning.com/why-the-panic-is-just-beginning/

    ​Charles Hugh Smith: ​ Global Bankruptcy Already Baked In
    ​ ​Scrape away the complexity and every economic crisis and crash boils down to the precarious asymmetry between collateral and the debt secured by that collateral collapsing.
    ​ ​It’s really that simple.
    https://dailyreckoning.com/global-bankruptcy-already-baked-in/

    #132930
    John Day
    Participant

    ​ This is not an acceptable position to the US State Department. Will reality prevail? Who has the authority to negotiate peace?
    ​ Ukrainian President Vladimir Zelensky is visiting Poland to prepare a “diplomatic coalition” for eventual peace talks with Russia, retired Polish general Waldemar Skrzypczak has claimed. He argued that Kiev cannot achieve its aims on the battlefield, and will need Western support for negotiations with Moscow.
    ​ ​Skrzypczak was speaking to the Rzeczpospolita newspaper on Wednesday, as Zelensky arrived in Warsaw to meet senior officials. The former commander of the Polish Land Forces rejected the idea that Ukraine should use Western weapons for a last-ditch offensive against Russia – a scenario reportedly being pressed upon Kiev by its foreign backers.
    ​ ​“Pushing the Ukrainians into an offensive is unjustified at the moment, because they are not ready for it. Now it’s time for politicians,” Skrzypczak argued.​ ​https://www.rt.com/news/574223-zelensky-poland-offensive-unjustified/

    Zelensky vows ‘no borders’ between Ukraine and Poland​ (Smiles look fake to me.)
    ​ ​Ukrainian President Vladimir Zelensky met his Polish counterpart Andrzej Duda in Warsaw on Wednesday, during his first official visit to Poland since the beginning of hostilities between Russia and Ukraine in February 2022.“You have stood shoulder to shoulder with us, and we are grateful for it,” Zelensky stated during the meeting, pledging “no borders in political, economic and – especially important – in historical terms” between the two countries.
    ​ ​The Polish president, for his part, promised to continue supporting Kiev in the conflict, revealing that Warsaw was ready to send all its MiG-29 fighter jets to Ukraine “in the future.” Poland has previously pledged 14 of its Soviet-made jets.​..
    ​..On Tuesday, the head of Russia’s Foreign Intelligence Service (SVR), Sergey Naryshkin, claimed that Poland’s military assistance to Ukraine was actually part of a secret land grab plan aimed at certain territories that historically belonged to the Polish-Lithuanian Commonwealth, which today are part of Ukraine.
    ​ ​“Seizing control of the western territories of modern Ukraine, the so-called Kresy [‘borderlands’ in Polish], is the coveted dream of the Polish nationalists,” Naryshkin said, adding that Warsaw sees “the collapse of Ukrainian statehood after a military defeat as a condition for implementing this idea.”
    ​ ​Over the course of the ongoing conflict, Naryshkin has repeatedly warned of the alleged Polish designs on Ukraine’s territory. Warsaw, however, has denied such claims, dismissing them as an information warfare operation. (RT)
    https://www.azerbaycan24.com/en/zelensky-vows-no-borders-between-ukraine-and-poland/

    ​ Russian Analyst , Gilbert Doktorow looks at French President Macron’s 3 day trip to China with Ursula von der Leyen and 50 business executive who sign deals with China, and surprisingly claims that it is about business, not preaching to China about global citizenship. France is making non-dollar deals. Any French and EU preachiness is not targeted at Xi Jinping, but may be necessary for some of those watching from afar. Thnks Christine.
    I got to the end and saw that the ever conservative Doktorow wrote this:
    ​ At the conclusion of my time on air, I brought up another major event of the past month which also was blacked out by our broadcasters, namely the destruction of an underground bunker near the Western Ukraine city of Liviv by a Russian hypersonic missile Kinzhal, which cost the lives of more than 200 NATO generals and other high military officers, including about 20 Americans. That event, which first was announced very discreetly on Russian news tickers immediately following its execution, was again quietly and briefly mentioned on the Yandex ticker yesterday with respect to the “shipment in crates” of the recovered remains of those officers killed to their home countries in the West.
    Macron in China: is this about reading lectures to his Chinese hosts or about promoting French business deals?

    1968 was the year that French student protests brought down the government, RFK and MLK were assassinated, LBJ decided not to run for another term, and the Democratic convention was disrupted by street protests against the Vietnam war, and the assassination of the anti war leaders. 2023 echoes 1968.
    ​ ​French trade unions called for record turnout at protests on Thursday, after negotiations with the government over a controversial pension reform bill broke down. France has been consumed by protests and riots since President Emmanuel Macron’s government hiked the retirement age without a vote in parliament.
    ​ ​Union representatives met with Prime Minister Elisabeth Borne on Wednesday, warning beforehand that they would walk out if Borne refused to entertain the idea of bringing the retirement age for most workers back to 62 from 64. Borne refused, and the union representatives walked out, calling for strikes and mass demonstrations the following day.
    https://www.azerbaycan24.com/en/france-braces-for-further-protests/

    ​President Macron was a Rothschild banker not long before being thrust into his current political role.
    ​French Pension Protesters Storm Paris BlackRock Headquarters
    https://www.zerohedge.com/political/french-pension-protests-ignite-again-after-union-talks-prime-minster-fail

    #132931
    John Day
    Participant

    ​ M.K. Bhadrakumar at Indian Punchline OPEC: Saudis aren’t afraid of US anymore
    ​ ​All that the Western leaders can complain about is that the OPEC+ cut in oil output has come at an inappropriate time. But the woes of Western economies cannot be laid at the door of OPEC+ as there are inherent problems which are now coming to the surface. For instance, the large scale protests in France against pension reform or the widespread strikes in Britain for higher wages show that there are deep structural problems in these economies, and the governments seem helpless in tackling them.
    ​ ​In geopolitical terms, the OPEC+ move came after a meeting between Russian Deputy Prime Minister Alexander Novak and Saudi Energy Minister Prince Abdulaziz bin Salman in Riyadh on March 16 that focused on oil market cooperation. Therefore, it is widely seen as the tightening of the bond between Russia and Saudi Arabia. In fact, in May, as the largest members of OPEC join Russia in its unilateral reduction, the balance of quotas and the ratio of market shares between and amongst the participants in the OPEC + deal will return to the level set when it was concluded in April 2020.
    ​ ​The big question is, how Moscow might profit from the OPEC+ decision. The rise in crude oil prices particularly benefits Russia. Simply put, the production cuts will tighten up the oil market and thus help Russia to secure better prices for the crude oil it sells. Second, the new cuts also confirm that Russia is still an integral and important part of the group of oil producing countries, despite the western attempts to isolate it.

    OPEC: Saudis aren’t afraid of US anymore

    “No Reason” For Malaysia To Rely On US Dollar, PM Warns As Yuan Influence Grows
    https://www.zerohedge.com/geopolitical/no-reason-malaysia-rely-us-dollar-pm-warns-yuan-influence-grows

    ​Don’t jump to be first in line for this… Long-awaited Fed digital payment system to launch in July
    https://www.cnbc.com/2023/03/15/long-awaited-fed-digital-payment-system-to-launch-in-july.html

    Senate Leaves 2001 AUMF For Secret Wars In Force, Rejects Paul and Hawley Proposals.​ Why is the world not​ ​afraid ​of the Global War on Terror ​now?

    Senate Leaves 2001 AUMF For Secret Wars In Force, Rejects Paul and Hawley Proposals.

    ​ Peter McCulough MD, one of the most published physicians in Cardiology and Epidemiology
    ​ Authors Conclude “Relatively Safe” as Dozens of Children Die after COVID-19 Vaccination
    Published Reports Whitewashing Fatal Complications
    ​ ​As an author and editor, I have always lived by a principle of medical publication that the conclusions must be supported by the data presented. Many have asked me why to do doctors still support COVID-19 vaccination with all safety data systems reporting record mortality after injection—many cases occurring on the same day or in the next few days after administration? The reason may be what doctors are concluding from the data in peer-reviewed manuscripts does not match the information disclosed.
    ​ ​Villa-Zapata and coworkers published a report from VAERS on “safety” of COVID-19 vaccination in children age 5 to 17 and in the data table there are 56 deaths! Also listed are other potentially fatal complications such as anaphylaxis and myocarditis.
    ​ ​The authors concluded that COVID-19 vaccination in children is “relatively safe.”
    https://petermcculloughmd.substack.com/p/authors-conclude-relatively-safe

    #132932
    Oroboros
    Participant

    Stalinized History is Coming… How to Prepare

    Styxhexenhammer666

    #132933
    Afewknowthetruth
    Participant

    “Work till you die or leave the country to retire.:

    Some very interesting thoughts here, as it all turns to crap (as expected).

    #132934
    Oroboros
    Participant

    Vive la France

    Sweet, Blackrock in flames

    #132935
    Oroboros
    Participant
    #132936
    Oroboros
    Participant

    .

    #132937
    Oroboros
    Participant

    #132938
    WES
    Participant

    Nothing important.

    The petrodollar conceptt is kind of outdated these days. First the US no longer buys very much oil from the Saudis, ever since the fracking revolution began in the US.

    Now the US fracking revolution largely depended upon free money from the Fed. With the era of free money fast disappearing, don’t be surprised if the fracking boom starts going bust.

    If you look around the world, you will also notice there is very little franking going on outside of the US due to the lack of free money. Europe did see some franking.

    So far no Russian has collected the rewards for destroying the first Lepard tank. They will have to wait until the Ukrainians get permission to use these western tanks at or behind the frontlines.

    The west has given the Ukrainians these tanks with the strict understanding that they can’t be used anywhere near the frontlines. The Ukrainians are busy trying to eliminate these restrictions on western tanks usage. So the Russians have to wait.

    This winter the called up 300K experienced Russian reserves have so far remained in reserve continuing their training. None of these forces have yet been committed.

    All of the fighting this winter has been from the previous 90K Russian forces committed in February 2022. Only new Russian volunteer forces and new Wagner forces have seen any heavy fighting this winter.

    This is verified by looking at the Russian casualty figures. Regular Russian army casualties has dropped dramatically over the winter months while the Wagner casualties have sky rocketed this winter. On a good day Wagner only looses 20 men. On a bad day they lose 50 men.

    This winter Russia has clearly shifted to waging war on a more economical basis. Shell usage has dropped from 60K to 10K per day, so the Russians can rebuild their stockpiles for use by their 300K reserves. Russian shell production is being raised from 3.5 to 7 million per year.

    Russia has tremendous stockpiles of old dumb 500kg – 1,000kg – 1,500kg bombs for which they are now adding gliding kits which allow their airplanes to release the gliding bombs at high altitudes safely well behind their frontline’s air defense systems. Gliding distances depend upon the release height from 30 km up to 70 km.

    It is estimated one of these bombs replaces about 200 – 300 artillery shells. Dozens of these gliding bombs are now launched every day now. The Russians are now usingover 1 meter long laser guided 120 mm mortar shells again greatly reducing the use of dumb mortar shells.

    So one could argue the Russians have not really reduced their shelling down to 10K shells per day. They have simply switched to more deadly guided and efficient ammunition.

    I have heard you can now buy a train ticket in Rubles at the Bukhmut train station. The wait for the next train might be rather long though!

    #132939
    Oroboros
    Participant

    Even Bart get it

    .

    #132940
    Oroboros
    Participant

    Hey Wes

    The Big Boys are coming

    Shoigu Visits Monster Bomb Factory

    #132941
    kultsommer
    Participant

    My reply did not go through so here it is again:
    @hb-jb

    kultsommer, what point are you making though?

    My puzzlement with your obsession with the Marx/comm taking over the US would be a good start.
    All former socialist countries in Europe by now pretty much adopted Western capitalist system.
    They dealt or may be still dealing with the remnants of an old system obligations like pensions. Transfer of former government owned production facilities was usually associated with shady privatization deals. New owners are pretty much in full sync with the Western oligarchs so, all in all, the new system is not socialist/communist any longer.
    Now, if you or Dr D would stand at the street corner somewhere in the Budapest, Prague, Belgrade… and start giving a speech how the Marxists and communist, just like in the US, are taking over their countries you would not end up in the gulag but would definitely be institutionalized in mental health facility.

    #132942
    zerosum
    Participant

    https://www.thecanadafiles.com/articles/the-ukrainian-diasporas-influence-on-canadian-foreign-policy-decisions
    The Ukrainian diaspora’s influence on Canadian foreign policy decisions
    Valeriy Krylko

    #132944
    WES
    Participant

    Kultsommer:

    Your comment about “a communist standing on a street corner being institutionalized” made me chuckle&!

    This brought back memories of way back in 1983, when I was serving, a 6 month sentence of hard labor, in a Siberian coal mine. One evening we invited our woman interpreters to view a video with us. The movie was “One Flew Over the Cuckoo’s Nest” about a mental asylum.

    Well to say our Russian interpreters were totally confused was an understatement! They could not understand why we were laughing so hard. This movie proved to them that everything the communist government had told them was indeed true!

    #132945
    D Benton Smith
    Participant

    If you drew a flow-chart style diagram of how Capitalism works you would quickly deduce that it works just like any other machine and, like them, abides by the First Law of Thermodynamics “Energy cannot be created or destroyed” , meaning that you can’t get more out of closed system then you put into it. Or, in other words, there really IS no such thing as a free lunch.

    So who the hell ever got the idea that the production class (who give WAY more than they get) could magically ALL become the Middle Class (who try like madmen to “make a profit” on their “trading and investments” , i.e. get WAY more than they give, by being clever cheats). And who in their right mind could possibly believe that the elite, the ownership class (who take whatever they want without asking and give nothing back but contempt and the insistence that even more be given, for free) are EVER going to permit EITHER of those types of underlings (the underpaid makers or overpaid middlemen) to stop sending goods and services to the elite ownership class, and be allowed instead to join the ranks of the superior and enjoy getting everything they want for nothing and never have to give anything back except orders to give more, and severe punishment for any lackeys who disobeys orders or slows the flow of free goodies.

    It’s a MACHINE fer chrissake! What did expect it to do? You CAN’T have more arriving at the top than was sent up from the bottom! EVERYBODY can’t get everything for free if NOBODY is giving it away for peanuts. How the fuck can everybody be the “Master” if nobody is a slave? Duh! Capitalism REQUIRES slavery, you dumb fucks! There are no elites without them. There are no Middlemen profiteers without them. There is no such damn things as “profit” in a closed thermodynamic system! Hey, it it may be a marvelous fantasy but but it just ain’t fucking true! It is i-m-p-o-s-s-i-b-l-e . Give it a REST “business” people. Please!

    If I hear one more pundit advise me how to cut my losses of counterfeit money by sticking it to some poor greater fool or other innocent victim I might just go strangle that pundit with my bare hands on live TV!

    When I hear “wannabe profiteers” bemoaning the “injustices” that threaten their free ride I just gotta hang my head in despair, and think to myself, “These guys are so blind to their own participation in the scam that’s killing them that they don’t even see that those “injustices” they complain about so much are nothing but chickens coming home to roost. Anyone who has materially enjoyed more than they have materially produced, has directly or indirectly STOLEN that “profit” from someone who made the item or did the work or provided the service and didn’t get properly paid for it.

    Well I hate to be the one who breaks the news, BUT THOSE STOLEN GOODS HAVE TO BE GIVEN BACK. One way or the other, brother, that is what’s happening. That “profit” is going back to where it came from, because Capitalism is, by its very definition, a violation of the First Law of Thermodynamics, and is for that same reason IMPOSSIBLE (in THIS world, anyway) to operate without slavery. The immutable laws of reality do not allow it. The balance is enforced, not negotiated. That’s why it’s called a law, and not a disclaimer.

    Of course something very much LIKE Capitalism and profiteering might work. The first cousin to Capitalism would work just fine if it were balanced by fair play and voluntarily acceptance (true free will) of a tolerable amount of loss in the form of giving a bit more than getting. But first, ACTUAL profit would have to be removed from the system because the concept of a real and actual “profit” would violate the First Law of Thermodynamics, and that NEVER happens because it cannot.

    To insist on a real and actual profit (that is, getting back more than was given) means that there are going to be those who must involuntarily give away something without pay. In other words, slaves. If it’s a profit then it came from a slave. A lot of people try to dodge this inescapable fact by figuring out a way to somehow personally evade becoming enslaved. Remarkably, some people manage to “kind of” pull that off, in a self-deluding way. But that doesn’t mean that there aren’t going to be any slaves. It just means that those who are willing to turn a blind eye to crime and just comply with orders to work the slaves for a profit can personally evade worse slavery by being the “semi-slaves” (i.e. Middleclass) who administer and administrate the orders (sent down from the elite ownership class) upon those poor slobs lower on down the slave chain than they are. That blind eye and compliance is, of course, just another thinly disguised form of slavedom, but the gaslighted and self deluded don’t allow themselves to know that in their fore-brain. (it’s just a little secret between me and my conscience)

    A tolerably decent civilization IS possible, but ONLY by adhering to certain immutable laws that have been proven to be true through uncountable millennia. All of the rules can be violated, of course, because free will allows it, but when they are then the inevitable consequences DO happen. Foremost of these Laws of Successful Human Society (that are also guidelines and advice) is that this world will either be consciously acknowledged as God’s work, or it will consequently become a hellish disaster in which practically nothing works. The second law is that there must be NO SLAVES, which means NO PROFITEERS, which in turn means no lying stealing, cheating, or unnecessary killing either. Ultimately this absolute rejection of all forms of slavery is simply the recognition that everybody actually does have free will, and that trying to operate on the basis that they don’t it is simply WRONG (I mean wrong as in Not True, and also as in Bad). Bad faith and usury are utterly forbidden, punishable by the laws of Nature itself.

    Hey, feel free to do anything you fucking want to, but my firm advice is to WANT to straighten up and fly right. Discover, assimilate and follow those rules. Until then, the beatings will continue.

    #132946
    Afewknowthetruth
    Participant

    This collapse will be far worse than 1929.

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