Debt Rattle December 3 2022
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The Unavoidable Crash, … ending scene:
… anyway,
“After years of ultra-loose fiscal, monetary, and credit policies and the onset of major negative supply shocks, stagflationary pressures are now putting the squeeze on a massive mountain of public- and private-sector debt. The mother of all economic crises looms, and there will be little that policymakers can do about it.
F.S.
I have agreed not to directly address “He who must not be named” (by prior arrangement) but it’s well within the ground rules to give hints. In this case hints probably aren’t really necessary but just in case there are any doubts the name begins with the Letter “B” and ends with the letters “egotistically jealous sore loser.”
“He who must not be named or spoken to directly” (by previous arrangement) seems to have lost his manners and marbles, along with his argument with Dr D.
Dr. D is right (as you all know as well). Ex veterinarian and present Pfizer CEO Bourla did indeed brag about being on track to reduce the world’s population by half. Strange claims indeed from a guy who makes medicine. I can’t imagine why he would view that as good news, but maybe one of his paymasters see it that way and he was just sucking up to his bosses.
As for the other nasty cracks, like casting aspersion on Dr D’s reputation around here, well that’s just ridiculous and sad. Doc’s cred is well earned solid gold, as you all know.
Everyone is entitled to their own opinion, including “he who must not be named or directly addressed”. That’s just fine and easy because who else would possibly want it?
Who is they?
Seems likely BioNTech is the logical “they”. Then there is the why, power, greed, depopulation…
Sometimes it seems to me China is playing both the US and Russia.
Then I read something like this and it seems China is about to be played too.
https://www.nature.com/articles/d41586-022-01690-3
“In 2021, BioNTech announced it would open its Asia headquarters in Singapore, and also open a vaccine manufacturing plant there, with support from the Singapore Economic Development Board. The Singapore factory is expected to be operational by 2023 and produce hundreds of millions of doses of mRNA vaccines per year. A collaboration with Fosun Pharma is planned to add a facility in China to produce a billion doses per year for China, Macau, Hong Kong, and Taiwan, though as of August 2021, the PRC had not approved any foreign-developed COVID-19 vaccines.” (Source Wikipedia)
“It’s bread and circuses”
Appreciate water coming out of taps and electricity while you still have them.
Three tales, one city – Bakhmut
https://www.cbc.ca/news/world/ukraine-war-russia-bakhmut-1.6670438
Conditions are terrible, casualties are enormous and significance of Bakhmut is debatable
Chris Brown · CBC News · Posted: Dec 01, 2022Grabskiy estimates Ukraine is now losing “half a company” — roughly 30 to 50 soldiers — every day.
He says Russian losses may be four or five times that.
The quagmire of carnage now consuming the Ukrainian city of Bakhmut has been mostly overlooked, given Ukraine’s battlefield successes against Russia’s army elsewhere.But the gruelling, gruesome six-month fight for the city in the Donbas region may soon reach its culmination, and the outcome is taking on outsized importance for both sides.
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“Military Chronicle”Dec 2 at 14:09
https://t.me/CyberspecNews/13711
Report on a recent AFU attack in the Bakhmut area led by the American “Mozart Group” PMCOn November 25, units of the 58th Motorized Infantry, 54th Separate Mechanized and 71st Jaeger Brigades of the Armed Forces of Ukraine attempted to attack the positions of PMC Wagner east of Bakhmut. According to the Military Chronicle, the rush to the PMC positions was planned from the beginning of November, but its implementation was suspended due to high losses.
After the arrival in Bakhmut (Artemivsk) of employees of the US PMC Mozart Group, as well as reinforcements of the Armed Forces of Ukraine from the Kherson direction, the attack planning resumed under the leadership of American officers.
However, at least 75 (according to other sources — 95) servicemen of the 13th, 15th and 16th motorized infantry battalions of the 58th brigade, as well as militants from the 46th assault battalion “Donbass”, were killed in an attempt to conduct an operation and open the firing area of the Wagner PMC and the DPR People’s Militia, which indicates a wrong understanding of combat capabilities. allied forces by the US military.
During the withdrawal of units to their initial positions, drones were used to establish the location of field headquarters and improvised barracks, equipped both in Bakhmut and in the nearest suburbs. After additional reconnaissance of the targets, the orchestra managed to hit the headquarters and armament depots of the 241st Territorial Defense Brigade in Berkhovka and Paraskoviyevka, as well as a number of other critical AFU facilities in the suburbs of Bakhmut, including the fire control center of the 44th AFU artillery Brigade in Chasov Yar.
According to the AFU radio intercept, after the strike, the Ukrainian military urgently requested reinforcements at the headquarters of the Vostok command. According to preliminary data, the losses of the Armed Forces of Ukraine during the strikes ranged from 150 to 250 people, which is especially noticeable against the background of the flow of “two hundredths” since the beginning of November.
Disrupted communication and control of troops have already led to disorganization of the defense of the city’s outskirts, and if the pace of the Wagner PMC offensive continues, this may provoke the collapse of the APU front in the northern, north-eastern, eastern and south-western sectors.
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https://nypost.com/2022/12/03/russia-puzzles-with-costly-fight-for-bakhmut-ukraine/
Russia puzzles with ‘costly’ fight for small city of Bakhmut, Ukraine
By Jacob Geanous
December 3, 2022
“Russia has prioritized Bakhmut as its main offensive effort since early August 2022,” the ministry said Saturday in its daily intelligence update. “The capture of the town would have limited operational value.”The update said taking Bakhmut would be primarily a “symbolic, political objective” for the Kremlin, which has seen massive losses on the battlefield in the past few months, including November’s retreat from the key city of Kherson, which it had held since the early days of the war.
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Now, Tale of Kherson city
https://nypost.com/2022/12/02/ukraine-works-to-keep-infrastructure-up-amid-constant-strikes/
Ukraine works to keep infrastructure up as deadly Russian strikes continue
By Evan Simko-Bednarski
December 2, 2022
There were 42 separate strikes against Ukrainian-held territory in the Kherson province alone on Thursday, the provincial governor, Yaroslav Yanushevych, said Friday.There were 42 separate strikes against Ukrainian-held territory in the Kherson province alone on Thursday, the provincial governor, Yaroslav Yanushevych, said Friday.
Kherson city, the regional capital, has been under near-constant bombardment since it was retaken by Ukrainian forces early last month after Russians retreated from the city to the far side of the nearby Dnipro River.But Yanushevych said Friday that 75% of the electrical grid in Kherson city had already been restored.
Elsewhere in Ukraine, power outages were causing another problem — lack of cell phone service.
Teams of engineers have been dispatched this week by Kyivstar, Ukraine’s largest mobile provider, to maintain backup diesel generators at the base of the nation’s cell phone towers.Though the Ukrainian military has been largely using satellite-based communication systems, such as Elon Musk’s Starlink system, Ukrainian President Volodymyr Zelensky has singled out the cell phone infrastructure as critically important.
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