Debt Rattle July 6 2024
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‘Operation al-Aqsa Flood’ Day 272: Israelis urge Netanyahu to accept U.S. ceasefire deal as Hamas gives its response
Hezbollah has fired hundreds of rockets on the Galilee after Israel’s assassination of one of its senior commanders.China calls on US to stop plundering Syria’s resources
“Syria was a wheat-exporting country, but currently nearly 55% of its population is facing food insecurity, and the US bears responsibility for this and cannot be evaded.” Chinese Foreign Ministry spokesperson Mao Ning said at a press conference on Wednesday.
Ning added,” Facts have shown that Washington is planning to plunder resources under the pretext of combating terrorism. It talks about human rights all the time, but it violates the right to survival and the right to life of the people of other countries. It claims to defend democracy, freedom and prosperity, while in reality it is constantly creating humanitarian crises.”
The Chinese Foreign Ministry spokesperson called on the US to respect Syria’s sovereignty and territorial integrity, immediately end its illegal military presence in the country, and stop plundering Syria’s national resources. https://en.ypagency.net/328886This is a really long weekend in global politics, and money is tight… NATO Members Agree To Give Ukraine $43 Billion in Military Aid for 2025
The pledge will be made at next week’s NATO summit, where Ukraine is also expected to be told it’s too corrupt to join the alliance https://news.antiwar.com/2024/07/04/nato-members-agree-to-give-ukraine-43-billion-in-military-aid-for-2025/Pepe Escobar: The SCO Summit in Kazakhstan
As much as SCO members state “tectonic shifts are underway” in geopolitics and geoeconomics, as “the use of power methods is increasing, with norms of international law being systematically violated”, they are fully engaged to “increase the SCO’s role in the creation of a new democratic, fair, political and economic international order.”
Well, there could not be a sharper contrast with the unilaterally-imposed “rules-based international order”.
The SCO 10 – with new member Belarus – are explicitly in favor of “a fair solution to the Palestinian issue”. They “oppose unilateral sanctions”. They want to create a SCO investment fund (Iran, via acting President Mohammad Mokhber, supports the creation of a SCO common bank, just like the NDB in BRICS).
Additionally, members that “are parties to the nuclear Non-Proliferation Treaty stand for compliance with its provisions” (Ahem, ..by Israel?)…
A new Eurasia-wide security architecture is an upgrade of the Russian concept of Greater Eurasia Partnership – involving a series of bilateral and multilateral guarantees and, in Putin’s own words, open to “all Eurasian countries that wish to participate”, including NATO members.
The SCO should become one of the key drivers of this new security arrangement – in total contrast with the “rules-based order” – alongside the CSTO, the CIS and the Eurasia Economic Union (EAEU).
The road map ahead of course includes socio-economic integration and the development of international transportation corridors – from the INSTC (Russia-Iran-India) to the China-supported “Middle Corridor”.
But the two crucial points are military and financial: “To gradually phase out the military presence of external powers” in Eurasia; and to establish alternatives to “Western-controlled economic mechanisms, expanding the use of national currencies in settlements, and establishing independent payment systems.”
Translation: the meticulous process conducted by Russia to deliver a fatal blow to Pax Americana is essentially shared by all SCO members. President Putin laid down the basic tenets further on down the road when he confirmed the “commitment of all member states to forming a fair world order based on the central role of the UN and commitment of sovereign states to mutually beneficial partnership.”…
..It’s a long way from the original Shanghai Five – Russia, China, plus three Central Asian “stans” – setting up the organization back in 2001, essentially as an anti-terrorism/separatism body. The SCO has evolved into serious geoeconomic cooperation, discussing in detail, for instance, supply chain security issues.
The SCO now goes way beyond a Heartland-focused economic and security alliance, as it covers 80% of the Eurasian landmass; accounts for more than 40% of the world’s population; boasts a 25% share of global GDP – and rising; and generates global trade value of over $8 trillion in 2022, according to Chinese government numbers. Add to it SCO members hold 20% of global oil reserves and 44% of natural gas.
So it’s no wonder that a key development this year at the Palace of Independence in Astana was the first meeting of the SCO +, under the theme “Strengthening Multilateral Dialogue”…
..Astana once again revealed how the main drivers of the SCO are advancing fast on everything from energy cooperation to cross-border transportation corridors. Putin and Xi discussed progress in the construction of the massive Power of Siberia 2 gas pipeline as well as Central Asia’s need to have China as a provider of funds and technology to develop their economies.
China is now Kazakhstan’s largest trading partner (two-way trade at $41 billion, and counting). Crucially, when Xi met Kazakh President Kassym-Jomart Tokayev, he backed Astana’s bid to join BRICS+.
Tokayev was beaming: “Deepening friendly and strategic cooperation with China is an unswerving strategic priority for Kazakhstan.” And that means more projects under BRI.
Kazakhstan – which shares a border of more than 1,700 km with Xinjiang – is absolutely central on all these fronts: BRI, SCO, EAEU, soon BRICS and last but not least, the Trans-Caspian International Transport Route.
That’s the famous Middle Corridor linking China to Europe via Kazakhstan, the Caspian Sea, Georgia, Turkiye and the Black Sea…
..The strategically important China-Kyrgyzstan-Uzbekistan railway – a BRI project – developed slowly, but now will be on overdrive, by a mutual Putin-Xi decision. Moscow knows that Beijing – fearing the sanctions tsunami – cannot use the Trans-Siberian as the main overland trade route to Europe.
So the new Kyrgyzstan-Uzbekistan railway is the solution, reducing the journey to Europe by 900km. Putin personally told Kyrgyz President Sadyr Japarov there’s no Russian opposition; on the contrary, Moscow fully supports interconnected projects launched by BRICS and/or financed by the EAEU.
It’s fascinating to watch the Russia-China dynamic in play at the heart of multilateral organizations such as the SCO. Moscow sees itself as a leader of the coming multipolar order even if it does not consider itself, technically, as a member of the Global South (Lavrov insists on “Global Majority”).
As for Russia’s “pivot to the East”, it actually started in the 2010s, even before Maidan in Kiev, when Moscow started to seriously consolidate relations with, well, the Global South.
It’s no wonder that now Moscow clearly sees the new evolving multi-nodal reality – SCO and SCO+, BRICS 10 and BRICS+, EAEU, ASEAN, INSTC, new trade settlement platforms, the new Eurasian security architecture – as the beating heart in the complex, long-term strategy of meticulously shattering the domination of Pax Americana. https://sputnikglobe.com/20240705/pepe-escobar-why-the-sco-summit-in-kazakhstan-was-a-game-changer-1119251048.htmlSimplicius, Regime Media Utters the Un-utterable
It’s quite shocking what’s happening in American politics right now, but only because processes long buried ‘behind the scenes’ have come to the forefront like never before. The Democrats and establishment in general are panicking amid the crisis to extricate Biden from his roost…
..There are two telling revelations from recent events: the first is how the regime is using the current political crisis merely to preserve its own power, and find ways to save face and shield itself, rather than even remotely acknowledging the utter damage being done to the country and its people by what they’ve wrought. This includes the national security damage of having a clearly cognitively disabled ‘leader’ in power, whom they’ve protected up to now. And then there’s the fact they’ve compromised years worth of American development, letting society wither and degrade at the hands of a clearly demented sockpuppet. The country has been utterly wracked by historic crises, from hyperinflation to crime and drugs, rampant illegal migrant invasion, and more—and this corrupt self-serving and self-saving political class has knowingly enabled a puppet to preside over it all, who was mentally incapable of doing anything about it.
The second mother of all revelations is the now openly verbalized reality that an oligarchic ‘donor class’ and deepstate actually run the country. Last time we saw Axios make the blatant acknowledgment that Biden’s rule is at the behest of an oligarch class. Now, everywhere you turn are headlines describing the ‘donor class’ as scrambling into secret conclaves to discuss some coordinated strategy on shooing off their formaldehyde-preserved commander-in-chief.
Over and over we hear the “donors” have decided this, or are going to do that—and it becomes clear that the so-called ‘Democracy’ we’ve been bamboozled with is a figment, and in fact is nothing more than a kind of auction for the elites, where the highest-bid puppets are given privilege to entertain billionaires like Ari Emanuel—the Democrat ‘megadonor’ who’s not only brother to chief Obama-handler Rahm Emanuel, but son to arch terrorist Benjamin Emanuel of the infamous Israeli Irgun terror group.
..The only thing on the regime’s mind is self-preservation of its power, nothing else matters.
In fact, the best theory proposed thus far for why they pulled the rug from under Biden just now is the establishment was hoping to prolong the charade of Biden’s ‘competence’ to buy themselves time to derail Trump’s campaign via the criminal convictions ploy. They had hoped that piling felonies on him would tarnish Trump’s ratings such that Biden would have nothing to worry about, and the act could continue on unchallenged. But since plan A didn’t work, and they realized Trump may be here to stay, the only thing left was plan B: throw Biden under the bus and swap him for someone that can go blow-for-blow against Trump without soiling his or her pants. [But it’s Biden/Harris or no $91 million.] https://simplicius76.substack.com/p/regime-media-utters-the-un-utterableNot making his own case favorably… ‘Everything I do’ is a cognitive test – Biden
In the highly anticipated sit-down with George Stephanopoulos, the 81-year-old leader explained the debate fiasco as entirely “my fault, no one else’s fault,” insisting that it was simply a “bad episode” because he was “exhausted” and “sick” with a “bad cold” – and in no way an indication of any serious condition.
Biden said he has “medical doctors trailing me everywhere I go” and after the debate they told him he was “exhausted,” but nothing more serious. “I have an ongoing assessment of what I’m doing. They don’t hesitate to tell me if something is wrong.”
When asked directly whether he was ready to take a neurological test to prove to Americans that he is up to the job, Biden dodged the question by claiming, “I have a cognitive test every single day.”
“Every day I have that test,” Biden reiterated when pressed again. “Not only am I campaigning, but I’m running the world, and that’s not hyperbole.” https://swentr.site/news/600544-biden-cognitive-test-abc-interview/SCOPING THE COMING CRISIS, Surplus Energy Economics
As you may know, the central contention of the Surplus Energy Economics thesis is the absolute necessity of thinking in terms of two economies. These are the “real” economy of material products and services, and the parallel “financial” economy of money, transactions and credit.
In purely intellectual terms, exploring and quantifying this conception would have been interesting at any time. It’s fascinating to watch political and commercial decisions being taken in deference to a set of classical economic precepts which remain resolutely trapped in pre-industrial conditions.
But, by dint of timing, the ‘two economies’ distinction has taken on enormous practical significance.
One of the things that it tells us is that the contradiction between ambition and possibility makes another financial crisis, far more serious than that of 2008-09, wholly inescapable.
Another is that we’re witnessing epic levels of capital misallocation, primarily into supposedly ‘growth-capable’ activities whose only plausible future is contractionary.
The salient facts in the situation are (a) that material economic growth has long been decelerating towards contraction, and (b) that decision-makers remain determinedly engaged in wholly futile efforts to reinvigorate the material economy with monetary tools...
..You will have your own views on which areas of economic process interest you most. My own fascination is with the looming financial crisis, and the roles that economic fallacy, and self-defeating objectives, are playing in ensuring that it happens.
In short, the dust had barely settled on the global financial crisis of 2008-09 before strenuous efforts were being devoted to the building of a bigger and better crash...
..The authorities’ response to the events of 2008-09 was to flood the system with cheap liquidity, and to carry on doing so, even after the immediate crisis had been contained...
..A similar rebalancing was engineered between the owners of assets and those who depend on earned incomes. Decision-makers seem to have believed that they could, not just temporarily but in perpetuity, get away with “bailing out Wall St. at the expense of Main Street” without anyone in Main St. having much to say about it.
Meanwhile, the market capitalist system was undermined, because investors could no longer earn satisfactory income returns on their capital, whilst markets were no longer free to exercise their critical functions, which are price discovery and the pricing of risk...
..The inevitability of a financial crisis is just one of the consequences of disconnecting policy from economic reality. If monetary expansionism is the tool of first resort in a contracting economy, the devaluation of the purchasing power of money becomes a given.
At the same time, the decline in material prosperity – combined with relentless rises in the costs of energy-intensive necessities like food, water, housing, transport and distribution – must compress the affordability of discretionary (non-essential) products and services...
..We’ll carry on misallocating capital because we’re unable to distinguish between real and illusory growth capability. Hard-pressed households will find it ever harder to support the burdens of their commitments to the financial system. https://surplusenergyeconomics.wordpress.com/2024/07/03/282-built-to-order/#like-40629 Charles Hugh Smith presents an alternative pathway, one he endeavors to follow, himself. Living Well on Less Than $30,000 a Year–One American Family’s Story
“It’s all because of our low cost of living that I can feel relatively secure.”
To state the obvious: it’s easier to live on less than it is to earn big bucks.
Confirming that it is possible to live well on less than $30,000, correspondent M.C. shared how his family lives well on a modest income. Their lifestyle and financial choices are within reach of pretty much any couple / family willing to make the required trade-offs. Yes, it can be done in inflationary America 2024, but it requires redefining “financial security” and “wealth,” and trading the insatiable desires of conspicuous consumption and the desire to live in places coveted by the wealthy for much different sources of both inner security and financial security.
Here is M.C.’s commentary:
“Yes, it’s certainly possible for a couple to live on 30k annually.
My wife and I have been doing this the past 4 years on a single $13.65 an hour job (up from $12 a few years ago) in a retail hardware store a few blocks away. (No benefits except an employee deduction on purchases.) We live in a rural area near the center of the USA.
We bought the house we are living in for 14k cash in 2011. Further, we can replace it (in our rural community with a population of 3,000 and continuing to decline) without breaking the bank (not much housing demand here).
Taxes. We pay nothing to the IRS. For 2024, the standard deduction for a two person household is $29,200.” https://charleshughsmith.substack.com/p/living-well-on-less-than-30000-a A Midwestern Doctor revisits: Dermatology’s Horrendous War Against The Sun
Story At a Glance:
•Sunlight is crucial for health, and avoiding it doubles mortality rates and cancer risk.
•Skin cancers are the most common cancers in the U.S., leading to widespread “advice” to avoid the sun. However, the deadliest skin cancers are linked to a lack of sunlight.
•The dermatology field, aided by a top marketing firm, rebranded themselves as skin cancer (and sunlight) fighters, becoming one of the highest-paid medical specialties.
•Despite billions spent annually, skin cancer deaths haven’t significantly changed. Likewise, the Dermatology profession has buried a variety of effective and affordable skin cancer treatments.
Note: this is an abridged version of a longer article on this subject (with a few important details that were not in the original or the recent publication on Dr. Mercola’s website) https://www.midwesterndoctor.com/p/dermatologys-horrendous-war-against.Sasha Latypova, General Perna and Colonel Hepburn speak about Operation Warp Speed, Pentagon video release from October 27, 2020
As you may also recall, the ostensible reason to have the US military involved in the vaccine development was sold to the public as the need to rely on the US military’s alleged unparalleled logistical capabilities, and specifically the distribution of super-frozen vials. Now, in October 2020, Perna states that he selected a commercial distributor, McKesson, to actually do the job! So much for the cover story of amazing military logistics. The military was never needed for a civilian job that a commercial company has done since forever, in a field where the military has no real expertise. Of course, deluded and brainwashed public, journalists, most OWS staff, in other words – everyone, just blindly nodded along. It has never occurred to the Heritage Foundation’s interviewers or any journalists at the Pentagon press events to ask: “if McKesson is capable of doing the distribution task, why do we need the US military operating in our neighborhoods”? There wasn’t anyone to call the king naked and things for what they were – a treasonous military coup overturning the Constitutional Republic under pretenses of faked pandemic. And it never occurred to anyone to look into the reality of McKesson, a pharmaceutical distributor, performing its regular job (normally regulated by state pharmacy distribution laws) while not being subject to any normal consumer safety laws and regulations under the PHE/PREP Act/Defense Production Authority extended to them by the DOD.
That was the real reason for having military-lead OWS. The reason was not that the military can do a better job than an established civilian company. Re real reason was that the military occupiers can kill and maim civilians and face no liability for it. https://sashalatypova.substack.com/p/gen-perna-and-col-hepburn-heritage Alex Krainer, Inject nothing! A brief report from a stunning recent lecture on health
Over the last three years I have participated in bi-weekly zoom meetings of a group of medical professionals focused on rigorous scientific review of many issues pertaining to public health, including vaccines. Among the lecturers, we had dozens of high-caliber experts like Carrie Madej, Pierre Kory, Sucharit Bhakdi, Wolfgang Wodarg, Peter McCullough, and many, many others. I thought I had heard as much information as I could digest about the subject matter, until…
Last month we had a presentation by the British data scientist Craig Paardekooper (the whole 2h presentation is available at link) which may have been among the most important of all these lectures. Paardekooper, who created the website How Bad is My Batch, analyzed data from the US VAERS database which contains extensive records of adverse reactions to vaccines.
Among other things, he focused on the reports’ “recovery” status. Namely, for people who reported an adverse reaction, they can also report whether they have recovered or not by entering either a YES (I have recovered from the adverse reaction) or a NO (I have not recovered). Paardekooper counted all these yeses and nos for every year from 1991 to 2022 for all ages between 0.08 and 85 years old.
What it shows is that over the last 30 years, fewer and fewer people have recovered from adverse reactions to vaccines. Paardekooper then constructed a boxplot chart showing the recovery rates for all ages for each year from 1991 to 2022, which could be the most important chart in the world:
The trend could not be clearer: for over three decades, fewer and fewer people are recovering from vaccine adverse effects… With time vaccines have been getting less and less safe. Why is this? Evidently, vaccine manufacturers are immune at law and risk no liability lawsuits if they distribute flawed products. We also know that producing shoddy products is a lot cheaper than producing quality ones. https://alexkrainer.substack.com/p/inject-nothingPeter McCullough MD, Population Mortality Worsens Over Pandemic Years, Data from Germany Suggests COVID-19 Vaccination is a Determinant https://petermcculloughmd.substack.com/p/population-mortality-worsens-over
Meryl Nass MD, Bird Flu Has Been Deliberately Built Up As An Extremely Dangerous Threat To Humans
Bird flu has been deliberately built up over 20 years as an extremely dangerous threat to humans. It was once a threat, but only to a few chicken farmers. Currently it is no threat at all, and if we were not seeking it out so vigorously, we would probably not even know about it.
US Navy scientists in Egypt tested over 8,ooo birds that had been trapped or shot between 2003 and 2009, and found that almost 10% tested positive for H5N1 bird flu! But they were healthy.
US federal agencies are following 9,000 farm workers in the US looking for bird flu cases. So far they have only found 4 in the past 2 years. All had mild illnesses. https://doortofreedom.org/bird-flu-has-been-deliberately-built-up-as-an-extremely-dangerous-threat-to-humans/ Meryl Nass MD, Germany Creating Capacity to Produce Over One Billion mRNA Vaccine Doses Per Year [When your only tool is a hammer…]
The globalists are not giving up on this technology and the only way it can work for them is with mandates coupled to fear campaigns. https://merylnass.substack.com/p/germany-creating-capacity-to-produceGovernment is a shit idea anyway so if we are going to be ruled by anyone, why not the man who went out of his way not to prosecute Britain’s worst ever paedophile, necrophiliac pimp and was still listed as a “former” member of the Trilateral Commission in 2022 with their little explanatory note: “former members in public service.”
In case you are wondering … https://en.wikipedia.org/wiki/Trilateral_Commission. He’s a David Rockefeller puppet.
Our politicians just get worse.
In case anyone in the UK believed that the Jews were not running their country and had corrupted their democracy. At least we know that Starmer is a servant of David Rockefeller, so we know who is calling the shots.
The UK has lords, people who are appointed to be parents of the naughty electorate. They are unelected, like most of the EU bureaucracy. They can veto any law, but traditionally do not veto finance bills. They have more power than the commons, but they cannot introduce new bills. It is a faux democracy that is really aristocracy.
Yet the UK screams at Russia about Democracy … the UK people obviously don’t all buy that, hence the low turnout for the vote.
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