Debt Rattle April 19 2023
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Ito Shinsui Snowy night 1923 • China Offers To Facilitate Israel-Palestinian Peace Talks (AP) • Macron’s Yet-to-be Drafted Peace Plan: Long-ter
[See the full post at: Debt Rattle April 19 2023]Germany Closes Its Last Nuclear Power Plants – Electricity Bills To Spike Up To 45%”
After 110 years, the Anglos finally complete the Morgenthau Plan. Germany is helpless and no longer an industrial rival.
…Joke’s on UK though: neither are they. We should round up a boy scout troop and take them over. Still most Germans will die like Morgenthau wanted, so that’s a win. You can always tell history’s good guys when they want to murder for few hundred thousand men like Henry or Churchill (in India).
But the Yanks did kill, what? +500,000 in the German camps? so he got a lot of what he wanted. AND we installed all the previous Nazis back to their positions, because, you know, Blood Brothers: One Vision for life.
“Saudi Foreign Minister Lands In Syria, Meets Assad, In 1st Since War’s Start In 2011”
At the same time, the U.S. illegally bombs there – a nighttime raid on “ISIS”, whoever they are. So let’s see: you’ve run the desert there with satellites for +10 years, and ISIS is still running around, a threat. But only in the zone where you are. You’re Fired.
“Fox News And Dominion Settle Defamation Case For $787.5 Million, Averting Trial Over 2020 Election Claims”
Fox, a Murdoch company, moves money between mafia arms to re-fund the battered Dominion Vote-rigging operation. Anyone surprised? Anyone? Anyone? No? Yeah we all know Fox news is a plant. And they HAVE to settle: if it goes to court they’ll have to look at “evidence” for the first time since 2020. Fox can’t have that, nor their owners, that would be helping the Right, or rather, the #Truth.
Musk “Or increase the output of goods and services”. Yes, in theory. And “Theory is a great place to live because everything works there.” You can’t increase the output not just because you can’t, it lags, but because you would output ALL THE WRONG THINGS. Capitalism is very sensitive. It’s the buying that INFORMS you want people want. What YOU want. Then — I – make if for you. Because YOU want it. Why does Amazon exist and pack everything 11 times to send a coaster in a refrigerator box? Because YOU want it. So why does Amazon, Norfolk Southern, BP pollute? Not for giggles: it’s because YOU want it. “Companies” don’t pollute. YOU do. You ask them to do this for them and refuse to buy from the ones who are responsible. (Plus refuse to enforce the law). That’s YOUR morality. Now companies have their morality too, but they always say “Companies” do this, “Capital” does this….”Capital” only exists to make things for YOU, the individual. Because YOU, the individual, want these goods. If you don’t want it, they won’t make it. If “companies” didn’t exist, we’d still make the goods. Same thing with prices. They say “We’ll raise prices/taxes/costs on the “Company”. No. You won’t. The “Company” doesn’t have any money; they have FLOW. They will and must raise PRICES on YOU, the customer. Thanks, Government, I really needed a $5,000 increase in prices over the year, not like I was feeding my kids or anything.
Anyway, so if you drop $6 Trillion into the economy as we did, WHAT goods should you create to “balance” the inflation? You don’t know and I don’t either. Businesses themselves don’t know. It’s well proven GOVERNMENT doesn’t the h—l know. It would take TIME, feeling out what was the direction, making the machines, shipping the goods, getting feedback. That would take years. Capitalism is a homeostasis, self-organizing, steady-state system organism. Made up of US. Humans, using human work, creativity, and expression. As their avowed goal is its destruction, they blast it out of the water and try to capsize it’s steady state with heavy waters – all fabricated from nothing – and EXACTLY AS LENIN SAID. “The surest way destroy the capitalist system [is] to debauch the currency.”
But I’m sure that’s all just another 100-year coincidence.
No, you can’t “create the goods” to match printed money. Like Soviet Russia you would end up with 100,000 too many tractors, no gasoline for them, and everyone would die. As they did.
Next “This is a dire situation”.
Yet nothing happens. “We can lower the rate”. No, we can’t. That’s like just keeping the whiskey in the punchbowl so the party doesn’t end. The problem IS the whiskey. The “Dire Situation” is just you-all finally REALIZING how INCREDIBLY STUPID and reckless, wasteful, dissipative, you’ve been, and how POOR YOU ACTUALLY ARE now that you’ve eaten all the food, drank $100,000 worth of Champers, and burned the Chippendale Armoire in the bonfire. The hangover is the REALITY. The Drunk is the fantasy. So we can’t “lower the rate” to what? Extend the fantasy? And that’s healthy? What would your Doctor say?
“The Crash” is when the market RETURNS TO TRUTH. Fair value. We seem to have had the longest keg party in the history of earth – since 1990 or 1980 – but leave it to the Americans. No success like excess.
Maddow, the shrill voice of hatred and contempt. Contempt for all, because she – and THEY, the PMC laptop-class – are Better Than You. So shut up you stupid children and Do What You’re Told. Mommy says. Hey, what mental illness does this represent?
“China has solved problems in Yemen and Syria, Iran and Saudi Arabia. And seemingly without major issues.”
And notice they DON’T say, “We’re strongly in the running here, we, the U.S. JUST signed major, historic peace agreements in these places too.” WHY don’t we crow that we had as much or better agreements than China? Because then we’d have to admit REALITY. That is, that Trump existed and he did some good things sometimes.
NOPE. Nope nope nope. The Audacity of Nope. 1,000 times nope. No, nay, never. Never-ever. Nope. The U.S. must be seen and reported as a generational failure and collapse just a year after signing similar historic agreements rather than that. Every American must die so my ego remains intact.
Anyway, fabulous since the shock of losing Ukraine, NATO, and all of Europe so badly will be that much sharper for them. Never stop, Rachael.
“French President Emmanuel Macron’s yet-to-be drafted peace plan,”
SMH. Um, why would you bother? Neither France nor Germany is a nation who can be proven to uphold any peace plan. Anytime. Of any sort. With any body. Ever. Save your breath, you’d just break it. Immediately and without comment or shame.
“We are not in a war with Russia”
That’s odd. That’s not what your boss says. He says I have to bankrupt myself on gas prices to support the war.
“A local community center was one of the buildings that they blew up recently,”
That’s because they don’t see it as “Ukraine.” By their actions. They see all Donbas as “Russia”, populated with “Russian scum and vermin”. Why WOULDN’T you blow up “Russia’s” things? They only reason they don’t is that they can’t get to Moscow.
“Ukrainian leader awarded medals to female soldiers,”
Rainbow medals. Well they’re winning the rainbow war, online. The happy thing about this is while women are getting medals, another 300,000 men – that is, adult human males – were exterminated. I see no downside. Wherever men are killed it’s the le plus maximum good. And boy are they killed everywhere like the Terminex Man.
“urged Congress to raise the US debt ceiling to protect the value of the dollar”
More printing = HIGHER dollar. Gotcha. Now I’m not an economist but…that’s probably why I can see that’s the world’s stupidest plan and position. Go for it! The faster the better.
“compared to the G7’s 29.9%”
Yes, but 1/3 of U.S. and UK GDP is bond-kiting and FIRE. Some other % is welfare remittance. I don’t know the others, but that says 15% of real GDP and falling. We’re talking about a nation that can’t make bullets here. CROMWELL could make bullets and bombs. Not us? Too advanced for us? Out of our reach? Should I round up some Ox-carts and Wagons and help you?
“There may be an obsession in America about Chinese activity on the continent,”
Huh? No. Americans don’t think about other nations at all. Ever. Nor should we. The infinitesimal PMC Crazies-Class who do don’t Obsess about China because they have all 20 fingers and toes in the fire and every one of them is getting burned off. China is NOT an additional priority of any sort to them, it’s a “Yet another chess piece” to them.
Hear the word “Obsess” and the sentence and article is false. Just like “Gamechanger.” “Panic” “It’s over.” “Bombshell” “Walls are closing in.” Do we have to finish out our lifetimes where every one has always been false, and when Father O’Reilly is giving us our last rites, FINALLY accept this never happens?
“has facilitated crimes against humanity ranging from forced labor and sexual slavery to torture.”
And that’s just in Democratic cities! You should see what it’s like in Africa!
“I frankly do not understand the willingness of so many Democrats to cover for the Bidens.”
You are kidding right? Pretty sure you’re not under a rock since the 1990s.
Got to go. Busing having another day where nothing matters and nothing happens.
Moron Alert
US FDA authorizes second Omicron-updated COVID booster for older adults
” …over 50 years old …”
TVASF(especially the ‘older’)
By the way, I remember Harrison Schmitt as an Astronaut first, and Senator second and a geologist three.
Just saying
“Nominal GDP includes a lot of unproductive work (like people sitting through meetings all day long). Once we ditch that, the situation looks much worse for the G7…”
In the Empire of Lies,Lies,Lies,
GDP is the Biggest Lie
The amount of ” unproductive work” in the Collective West is probably the major of the ‘economy’ in most ‘service oriented’ countries
Take ‘education’ in the Empire of Lies
Productive?
OMG no.
A substitue ‘teacher’ takes away a student’s phone for some infraction
Here, have some Gross Domestic Product
It’s a rumor and I have no link, but the rumor is that Christine LaGarde got pranked by “V. Zelensky” on the phone and said that the CBDC would come out 10/23/23 as a “solution”. i’d be happy if anybody had seen a link they could share about this.
Here is a story from Michael Every:
https://www.zerohedge.com/markets/it-wasnt-mistake-or-slip-lagarde-hints-raising-central-bank-inflation-target“Lagarde added later in the day that once the 2% CPI target has been met, “discussions” can be had on changing it(!); central bank digital currency may be needed to deliver hypothecated fiscal spending and trade invoicing; in “systemic competition”, the bloc that does state capitalism/mercantilism best will fare better; and central banks’ role is at the heart of it.”
Dr.D wrote: ”
Capitalism
is a homeostasis, self-organizing, steady-state system organism. Made up of US. Humans, using human work, creativity, and expression.”
But I think he meant ”
Political economy
” is a homeostasis, self-organizing, steady-state system organism. Made up of US. Humans, using human work, creativity, and expression.
(hmm, that came out with a funny look)
“What is surprising is the malfeasance or incompetence that allows for such private conversations to be distorted and become public,”
We talked about this a while ago on this site. They say they spy on everybody and want us all to know it, so when they lie about what was said, they will have “credibility”.That interview and tapes I posted last night: “Americans are too trusting.”
“Somebody get a teacher!!”Each of us can see some of the complexity. Non of us can see all of the complex action/reaction.
I am satisfied to let the millions of units of life within my shell do their thing with the minimum of interference.
The battle with Omicron/the vaccine has left me weakened and vunerable.
I do not control the resources of Elon Musk or of China.
———–
Secret – The smell of death is everywhere.
Since 2014, the Ukrainians build up what they believed to be an impenetrable fortress. Now, they are okay with using scorched earth tactics to prevent Russia from seizing it.
—————-Dancing on the Brink
Dr d
. Capitalism is very sensitive. It’s the buying that INFORMS you want people want. What YOU want. Then — I – make if for youNot quite.
That describes an idealized, fictional version of Capitalism that doesn’t exist in the here-and-now. The really existing system, the one we actually live in, is very different.
A lot of capital (money/resources) invested into psychological studies to understand human behavior, especially the behavior of consumers. Advertising is especially crafted to exploit the innate psychological weaknesses of humans. We know this. We all like to believe that we are immune — let’s not fool ourselves — we are not.
As if my purchasing were not limited by my location, nor by my funds — of course it is.
As if I had any appreciable influence on which retailers occupy which commercial spaces around me, after I purchased this home nearly 20 years ago. (“I could move.” Right. My credit score has been trashed because I had to defend myself in a spurious family court case. My income is low…primarily because I have prioritized parenting over money-making and my co-parent is perfidious and lied his way into avoiding his material responsibilities. If I left the area I would be abandoning my children. “I could move”…not.)Most of what I purchase is FOOD. Half of my non-food purchases are from thrift stores or other 2nd hand means. And I supposedly have appreciable influence over corporations? The money I spend on food was provided to my by the federal government!
Corporations decide what to produce after a period of R&D … and then a marketing department creates a strategy for selling the product, endeavoring to foment desire for the product in the public.. (Yeah, sure, occasionally the marketers get confused by Woke ideology and ignore their actual consumers and the strategy backfires — like the recent Mulvaney/Bud Light fiasco — but most likely the Bud drinkers are going to switch to the next cheapest, mass-produced option. With wallets stretched, most can’t migrate to local, craft beers. And human psychology suggests that they won’t stop drinking beer altogether.). The iPhone phenomenon of the past 15 years is a great example of this. And most of the people I interact with — be they young, old, or middle-aged — have no idea that THEY are the product — that their precious smartphone is gathering data about them constantly and sending that data who-knows-where — to the phone OS developer, to the app developer, to the intelligence community, to the Chinese government, et al. The people don’t even know what they are really buying. Caveat emptor — it’s all a huge deception.
Consumers have been deceived. The idea that they are in the driver’s seat in the really existing system is a massive lie that gets used to “blame the victim” so that the victim will feel bad about him-/herself and accept the status quo.
I am not suggesting that we pity the consumer-victim. I am not suggesting that anyone come and rescue the consumer-victim. There is no “actual violence” here — only “structural violence.” The means of change is that victim-consumers must realize that they have been deceived and change their behavior as a result. (Which means that I agree with Dr D in the solution.). As individuals come to this realization and then meet in community with others who have reached similar conclusions, their individual actions can synergistically work towards real change. We could argue endlessly over how this should work, based on our own experiences and philosophical outlooks. (I disagree with Dr D on the source of the problem and who is at fault, who acted “wrongly,” who it is that acted with “evil intent.” I no longer adhere to any codified religion, but I see the aptness of evil called “the father of lies.” Intentional deception for the purpose of personal gain lies at the root of the problem.)
RIM
Why keep linking the lies of a professional liar on TEA?
Everyone with a brain knows the overheating we are witnessing has nothing to do with changes in solar activity but has everything to do with the massive surge (+50%) in the concentration of CO2 in the atmosphere!
All that repeated linking of professional lairs lying does is to discredit TAE and drive people away.
Ukraine:
This time of the year is when Ukrainian farmers start planting their crops. In 2021 120 million tons was harvested. In 2022 that fell by half to only 60 million tons. In 2023 the outlook is for only 40 million tons.
Many farmers, their tractor drivers, and mechanics, have been drafted whole-sale into the army by the Nazis. Remaining farmers are old and can’t find any qualified people to hire except old pensioners.
For many farmers, their nput costs, especially fertilizers and fuel, exceeds the price they can get for their crops, so they can’t afford to plant any crops at all.
If you get badly injured in the Ukrainian war, you are classified as “decommissioned illiquid assets” and thus not worth the money to be treated properly. If you lose a leg they will give you a wooden leg and then send you back to the front. Most of the wounded (60%) are sent back to the front.
The Ukrainian government doesn’t bother to spend money on medical care because it is far cheaper to just round up fresh bodies off the streets to send to the front. Buying an exemption from military service has sky rocketed from $3k -$7k up to $32k USD, so the Nazis have never had it so good, as now.
I read somewhere that the earth’s sun is still “slowly” burning hotter añd hotter and will continue to burn even hotter as time goes on.
The floor of the “Obergruppenführersaal” of the Wevelsburg of the Nazis
The Black Sun of the Nazis
Hollyweird cuck Mark Hamill praising Ukronazis drone operators as ‘brave” with the Nazi Black Sun Flag in the upper right.
Guess antisemitism is AOK if you were in Star Wars sport!
Great ‘optics’ Mark, may “The Farce Be With You”
Banker’s War https://drjohnsblog.substack.com/p/bankers-war
Christine LaGarde speaks in English to “Volodymyr Zelensky” (phone prankster) in this video from March 17, 2023, explaining that the decision to release the digital Euro will be made this “October 23”, which appears to mean October 2023.
She says that there will be “controls” on transactions, though they might be waived under 300-400 euros. It is easy enough to watch the short video. One presumes she saw “Volodymyr” on her screen as she spoke.
LaGarde claims that Germans and Dutch are fine with digital currency, sidestepping the question about “people not wanting to be controlled”.
(I am chagrined to have not heard of this sooner. It was on social media, but I’m not…)
https://cointelegraph.com/news/cbdc-will-be-used-for-control-ecb-president-admits-in-vid-chat-with-fake-zelenskyECB President LaGarde’s official statement from Monday is reviewed again in this light. It was unusually frank.
The tectonic plates of geopolitics are shifting faster. We are witnessing a fragmentation… into competing blocs, with each bloc trying to pull as much of the rest of the world closer to its respective strategic interests and shared values…
..Under the hegemonic leadership of the US, rules-based international institutions flourished, and global trade expanded. This led to a deepening of global value chains and, as China joined the world economy, a massive increase in the global labour supply. As a result, global supply became more elastic to changes in domestic demand, leading to a long period of relatively low and stable inflation. That in turn underpinned a policy framework in which independent central banks could focus on stabilising inflation by steering demand without having to pay too much attention to supply-side disruptions. [That means they just suppressed wages to control inflation.] …
..But that period of relative stability may now be giving way to one of lasting instability resulting in lower growth, higher costs and more uncertain trade partnerships. Instead of more elastic global supply, we could face the risk of repeated supply shocks...
..Insofar as geopolitics leads to a fragmentation of the global economy into competing blocs, this calls for greater policy cohesion…behind a strategic goal…
Achieving the right policy framework will not only determine how our economies fare at home, but also how they are viewed globally in a context of greater “system competition.”
…For Europe, long-delayed projects such as deepening and integrating our capital markets can no longer be viewed solely through the lens of domestic financial policy. To put it bluntly, we need to complete the European capital markets union. This will be pivotal in determining whether the euro remains among the leading global currencies or others take its place.
Central banks also have an important role to play here – even as protagonists. For example, the manner in which swap lines are used could influence the dynamics of major international currencies…. We have already seen the PBOC set up over 30 bilateral swap lines with other central banks to compensate for the lack of liquid financial markets in renminbi. How central banks navigate the digital era –such as innovating their payment systems and issuing digital currencies– will also be critical for which currencies ultimately rise and fall.
So, we need to be ready for the new reality that may well lie ahead. The time to think about how to respond to changing geopolitics is not when fragmentation is upon us, but before. Because, if I may paraphrase Ernest Hemingway, fragmentation can happen in two ways: gradually, and then suddenly. Central banks must provide for stability in an age that is anything but stable. And I have no doubt that central banks will measure up to the challenge.”
https://www.zerohedge.com/markets/en-lagarde-ecb-president-reveals-what-happens-next The head of the ECB announces a divergence in global finance, implies that there will be competing currency-coalitions, preferentially trading internally, which will lead to supply-chain disruptions and uncertainty. This will cause price-inflation through restriction of supply. She advises against paying labor more, which will be inflationary. She advises getting cheap fuel and resources for the economy. (Well, that’s bad for CO2, we hear.) The upshot is that she thinks central banks will manage this, but must be careful not to let workers get better wages in the process.
She does say that ”issuing digital currencies” may be part of a solution, but how? Nobody wants to say that restrictions on spending and elimination of account-assets are how that will “help”.
She says that we should act before there is a problem, which means that the problem already exists.
Since the central-bank solution is always to impoverish workers and retirees, we should resist it if we are in those demographics.
Withdraw cash. Spend cash. Write checks. Avoid online transactions and use of credit cards when feasible. Get/stay out of debt, and assure food, water, fuel and shelter security as much as possible. Can you grow vegetables? It may take a couple of years to work it out.
https://live.childrenshealthdefense.org/chd-tv/events/the-attack-on-food-symposium/attack-on-food-john/
Investigate the stability of your community under stress. Do you have a way to do that? Does it have a history? Has it grown suddenly? Does it have strife between factions in the community? Does it have a lot of debt and high taxes? Massive Strike Hits Canada As Inflation Discontent Spreads Around The World
https://www.zerohedge.com/economics/massive-strike-canada-inflation-discontent-spreads-around-worldThe title is inflammatory, but in a time of supply chain stress, external dependencies should be reduced or eliminated. Also, the lifetime environmental impact of cars is pretty well reflected in their lifetime price, including purchase price and fuel/electricity cor=st for 200,000 miles. Electrics and hybrids are more wasteful than fossil fuel economy vehicles.
Since “the purpose of legislation is what it does” the purpose of this legislation is to reduce personal ownership and use of vehicles in the US. There is not the grid capacity or wealth to transfer to electric vehicles at par, so there will be a vast reduction in car/truck ownership and use, especially among poorer and middle class people.
That covertly concurs with the espoused goal of CO2 emission-reduction.
In my view, the real problem is that net-oil production is already in terminal decline, and they can’t admit the truth. “When it is important you have to lie.”
”This Is Industrial Suicide”: Biden’s EV Plan Could Be Key To China’s Global Economic Dominance
The agency anticipates that with the new standards, two-thirds of new light-body vehicles will be electric by the model year 2032, up from less than six percent today…
..“This is industrial suicide,” said James Kennedy, a U.S. mine owner and rare earths expert, in an April 17 interview with The Epoch Times.
“By design, their goal is to wipe out, to destroy, to effectively terminate the massive economic investment that the auto companies have made in the internal combustion engine,” he said.
He outlined China’s long-range, strategic plan to dominate the mining and refining of rare earths, as well as the production of downstream technologies.
“No one in the West will accept the reality that China has total domain control at every level,” he added.
The rare earth metals terbium, holmium, and dysprosium are one key choke point for Chinese control over EV production.
Kennedy explained that the elements enable neodymium magnets to function at the high temperatures found in the motors of electric cars.
“China is the only country in the world, period, exclamation point, that can separate those materials,” he said
https://www.zerohedge.com/energy/industrial-suicide-bidens-ev-plan-could-be-key-chinas-global-economic-dominance Doubled Pregnancy Loss Rate, Raised Foetal Abnormality Rate and Concentration of Lipid Nanoparticles in Ovaries – How Could They Call This Vaccine ‘Safe’?
Fewer shots to avoid, same principle…
The FDA has declared that only bivalent shots are authorized for use in US – April 18, 2023
https://jessicar.substack.com/p/psa-the-fda-has-declared-that-only The Canadian Freedom Convoy and the Fate of Our Universities , Professor Anthony Hall
The Truckers Freedom Convoy that converged on Ottawa and other sites along the Canada-US border in February of 2022 continues to be a flash point of strident disagreement in Canada. Even as the the Truckers’ parking protest in Ottawa was unfolding, there seemed to be a clear split developing. Working class people both formed and massively supported the process of applying significant democratic pressure to bring about a needed reality check in our nation’s complacent capital…
..It didn’t seem to dawn on the urban professionals of Ottawa how onerous and disgraceful the federal handling of the manufactured COVID crisis had become. The epic scale of the federal ineptitude that was literally killing and injuring large numbers of people in our national version of a ghastly worldwide phenomenon that is still unfolding and is still being obsessively covered up…
..The well-publicized campaign to defame, smear and bury the Truckers movement is becoming increasingly rabid as we build towards a show trial that will take place in Southern Alberta this summer or fall. Four Truckers face Kafkaesque charges that they conspired to kill RCMP officers. These four individuals have been held in jail now for more than a year without having been convicted of anything.
https://anthonyjhall.substack.com/p/the-canadian-freedom-convoy-and-the You can’t say anything Russians like or it’s a crime. You are free to say things Russia would not like. We will judge that fairly.
Biden DOJ Indicts Four Americans For “Weaponized” Free Speech
Omali Yeshitela, the founder and chairman of the African People’s Socialist Party and one of the four Americans named in the indictment, has adamantly denied ever having worked for Russia. Earlier this month before charges were brought against him, the Tampa Bay Times quoted him as saying, “I ain’t ever worked for a Russian. Never ever ever ever. They know I have never worked for Russia. Their problem is, I’ve never worked for them.” …
..The US government is constantly engaging in foreign influence operations with outfits like the National Endowment for Democracy, which was set up to help foment coups and color revolutions and advance US information interests overtly in ways the CIA used to do covertly.
As commentator Brian Berletic noted on Twitter, “The US through the National Endowment for Democracy has created armies of organizations carrying out malign influence operations around the world including here in Thailand. When the Thai government attempts to stop this activity, the US embassy shouts ‘free speech.’
https://caitlinjohnstone.substack.com/p/biden-doj-indicts-four-americans I’d like a double global warming methane-burger with oil-fries, please. Uh, can I pay cash?
New York City to Track Personal Food Choices Using Credit Card Data
This is needed to fight climate change, NYC mayor says
https://igorchudov.substack.com/p/new-york-city-to-track-personal-foodRe Dancing on the Brink
__________________Germane , two-part capitalist’s lengthy and aggressive harangue, … but summary first:
Summary
The pundits will be right someday. The dollar’s death as the reserve currency will come, and some other nation’s currency, cryptocurrency, gold, shells, or something else will take its place. However, that day is not coming anytime soon. The four reasons we describe in the article leave the world with no alternative.While China is rapidly growing its economy and global trade footprint, it lacks the rule of law and liquid capital markets to sustain a global currency. It’s difficult to see how a communist country can overcome those challenges.
The Euro is the most viable competitor. They have the rule of law, but their capital markets are not nearly liquid enough to facilitate global trade. They also lack the military might to force the usage of the Euro. Let us also remember its finances are in equally bad or even worse shape than the U.S. There is no reason to suspect the euro could overtake the dollar.
Bitcoin? Forget about it! The government will never relinquish its control over the currency because, with that, they lose control of the nation.
Gold-backed dollars were a mainstay until 1971. However, as we have learned for the last fifty years, gold restricts the ability of the central bank to run monetary policy as they see fit. A rules-based system, like gold-backed dollars, might benefit the economy. However, regardless of your thoughts, the Fed and government are not ones to give up power.
The Dollars Death, Not So Fast- Part 1
https://realinvestmentadvice.com/the-dollars-death-not-so-fastFour Reasons The Dollar Is Here to Stay- Part 2
https://realinvestmentadvice.com/four-reasons-the-dollar-is-here-to-stay-part-2F.S.
Once a week, or so, I drop by to peruse the daily rants, screeds and whinging on TAE, a formerly wonderful news blog/forum that had only recently served such an invaluable service 2-3 years ago when the plan~demic was cast upon humanity-at-large…
Well, in truth, I haven’t even dropped by in over two weeks 😐
As Western “civilization” implodes, and the social media commentariat shakes the latest news bites like a rabid canine with a rat in it’s mouth, I have become acutely aware of the Mass Formation Psychosis (EG0ic Collective Madness) “democratic” CULTure(s) that have wrought death, destruction & cataclysm upon mankind, now circling the drain like so many Imperial mobs throughout millennia…
Rather than practice even a modicum of humility & respect for The Loving, Healing, Creative Power of the Infinite ( · Love Without End. Amen · ), the toxic child EG0 dominant across former territories of “The Free” has become the domain of lies, hate, rape, pillage, plunder & murderous insanity 😐
Even those that rail against the advent of utterly corrupt, dishonest & evil “leadership” fail to abandon the hubris which blinds them to the truth, that they too are part and parcel of cancerous malignancy when they reject spiritual practice, allowing their EG0ic thoughts/feelings (finite consciousness) to supersede/overwhelm their true self (infinite consciousness/being)…
The lesson is lost on the majority of gen pop, especially within the U$ Empire, why “democratic” choices for “Leader Of The Free World” have been degraded to the choice of a narcissistic buffoon vs. a senile liar, cheat & turncoat with dementia 😐
About 28 years ago I realized this dilemma while actively involved with the “patriot” movement, after becoming part of a men’s prayer group that spoke publicly in churches, community centers & radio (like the prophets of old), hoping against hope that We were wrong, that Sanity would return…
The attack, murder & destruction of women, children & the elderly is a *final* sign that a culture has become irredeemably malignant, nearing the end.
Dollar Finished – America in Danger – Charles Nenner:
Physically, the Americans are in danger, and they don’t seem to understand that. . .
On the war cycle, Nenner has been forecasting a huge loss of life coming. Nenner is predicting “30% of the people on Earth will die in the next war cycle. . .
We are like at the end of civilization of the United States. It’s not that we are all going to drop dead, but it’s the end of civilization. The same issues that finished other countries like bad education, too many outstanding loans and people will become too lazy to really do hard work. That usually means the end of an empire.
Nenner is looking at war in Taiwan, South Korea, and the Middle East with Iran. Nenner says, “I think you could have all these wars at the same time. . .
It’s endless possibilities. . . . I think they will all act at the same time. Wouldn’t you? You are waiting for the right moment, and if the United states get weaker and busy. . . . That’s the time to do whatever you want.
Warren Buffett sold most of his Taiwan semiconductor manufacturing shares last week…
\https://usawatchdog.com/dollar-finished-america-in-danger-charles-nenner/
Russia and allies are testing all kinds of new stuff
Belarus Tests Scary Robotic Complex Called ‘Berserk’
A robot/drone with dual Gatling guns
These guns fire approx 1,000 to 6,000 rounds per minute
Great for probing enemy defenses
They will see how they perform in actual combat situations.
US warns Russia not to touch American nuclear technology at Ukrainian nuclear plant.
Wow, what a demonstration of the super-arrogance of the USA, proclaiming their rights to their export controlled technology as if they were god. Oh well, I am sure the letter is only for public consumption.
Afewknowthetruth said
RIM
Why keep linking the lies of a professional liar on TEA?
Everyone with a brain knows the overheating we are witnessing has nothing to do with changes in solar activity but has everything to do with the massive surge (+50%) in the concentration of CO2 in the atmosphere!
All that repeated linking of professional lairs lying does is to discredit TAE and drive people away.
Go on then, piss off. Ooops, I mistook you for someone with a brain.
I guess that last bit was a bit rambling, hopefully someone understands and/or has awareness of what I’m trying to convey…
If you obsess on the problem (stare into the abyss), eventually you become part of the problem (become the abyss).
Rather, become one with The Solution, inspire others to do the same, use your thoughts & actions to build a community of God’s kids that are awake & committed to The Solution…
EOT
April 19 1775
Whittemore (78 yo) was in his fields when he spotted an approaching British relief brigade under Earl Percy, sent to assist the retreat. Whittemore loaded his musket and ambushed the British grenadiers of the 47th Regiment on Foot from behind a nearby stone wall, killing one soldier. He then drew his dueling pistols, killed a second grenadier and mortally wounded a third. By the time Whittemore had fired his third shot, a British detachment had reached his position; Whittemore drew his sword and attacked. He was subsequently shot in the face, bayoneted numerous times, and left for dead in a pool of blood. He was found by colonial forces, trying to load his musket to resume the fight. He was taken to Dr. Cotton Tufts of Medford, who perceived no hope for his survival. However, Whittemore recovered and lived another 18 years (98yo)
Hell Yeah ! That’s the f’n Spirit…
I look to the Right at the Neo Con Republicans and think, fuck those War Criminal Scumbags. I look to the Left at the Neo Liberal Democrat Hypocrite War Criminal Scum… fuck them too.
The Spirit of ’76 is a sentiment explored by Thomas Jefferson. According to the text published at Monticello, “The principles outlined in the Declaration of Independence promised to lead America—and other nations on the globe—into a new era of freedom. The revolution begun by Americans on July 4, 1776, would never end. It would inspire all peoples living under the burden of oppression and ignorance to open their eyes to the rights of mankind, to overturn the power of tyrants, and to declare the triumph of equality over inequality.”
I look at my fellow Americans in bewildered disgrace- selfish, arrogant, ignorant, hypocrites, obese, primitives, addicts etc… USA a failed Rogue Nation in disgrace. I ask, may I have the Grace to live fully, think freely, live with dignity, treat myself and others with respect, do no harm…
Then I draw inspiration from stories of a real man, a real human- to stand up to Tyranny, against Rulers, to knowingly choose Courage and charge forward against abuse and evil- to fight for truth even if it may mean your last breath will be taken any moment, your last day alive on Earth…
We are all on the brink of being turned into slaves by scum. Covid 19 taught me that loud and fucking clear. They are still pushing and will never be stopped unless, and until, Real Humans decide to have real Courage and fight back. The RF has certainly had enough… to them my respect as to Whittemore.
It does no matter what age you are or where you reside. What does matter is your Spirit to fight, for truth, for dignity, for Love and Honor.
The fight is coming, the War has begun… they started this shit. When your time comes, choose well.
Before the Bayonetting: The Untold Story of Capt. Samuel Whittemore
https://allthingsliberty.com/wp-content/uploads/2017/05/WhittemoreMonument-1024×576.jpg
All empires reach a use-by date and come to an end.
Egyptian, Assyrian, Babylonian, Greek, Toltec, Portuguese, Spanish, French, British, American. And so on and on.
What’s next? The BRICS+ empire? Will it be any better than any of the preceding failures?
Correction- memorial has his ages wrong, I corrected his battle age but missed his last day age-
no/ not*Train your Spirit… take care of your body, your mind, your thoughts and emotions, when the time comes fight with ferocity, bravery and courage. Look around you- it’s coming whether you want it or not.
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