Debt Rattle March 25 2022
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March 25, 2022 at 8:14 am #104884
Raúl Ilargi Meijer
KeymasterSalvador Dali The Feeling of Becoming 1931 • Zelensky Rubbishes Biden’s War On Russia (M K Bhadrakumar) • Russia Is Open To Selling Natural Gas
[See the full post at: Debt Rattle March 25 2022]March 25, 2022 at 9:45 am #104885a kullervo
ParticipantA requiem for free will (part three)
The whole human mental frame is build around two single premises:
1) How to delay personal demise; and
2) how to postpone human extinction.For the most part, we can’t stray away from this trodden path; the few who do fall under a single moniker: the insane.
Human mind was designed to handle gradual change fairly well; it was never meant to deal with abrupt change.
Yet, abrupt change (e.g., earthquakes, stellar flares, death) is part and parcel of the universe.
We are going through abrupt change times; those who’ve truly enjoyed ridding roller-coasters won’t have it as badly as those who’ve hated it.There’s no way to resist the allure of progress.
There’s no way of stopping catabolism.
Low functioning minds bring forth a minimal maintenance mode world.
James Howard Kunstler is (partially) right: we live in a world that was made by hand, using manual tools; it will become undone by hand, using power tools.
Manual tools will eventually return, possibly handled by another species’ hands, working to develop power tools.March 25, 2022 at 9:46 am #104886my parents said know
ParticipantI expect Americans will happily eat GMO beef, though I wouldn’t have said so ten years ago. I hope this will boost demand for small producers who will shun the CRISPR critters. I expect the USDA to demand that nonGMO meat cannot advertise itself as such.
Does anyone have a photo of “slick” bovines? How will they do in the occasional blizzards?March 25, 2022 at 9:52 am #104887Red
Participant“As gasoline prices rise to record levels, the International Energy Agency is calling for energy lockdowns, such as banning the use of private cars in cities on Sundays. Other measures proposed in the agency’s “A 10-Point Plan to Cut Oil Use” include reducing speed limits, working from home, cutting business air travel and imposing an SUV “tax,” reports Climate Depot, the website run by former Capitol Hill staffer Marc Morano. “Governments have all the necessary tools at their disposal to put oil demand into decline in the coming years, which would support efforts to both strengthen energy security and achieve vital climate goals,” the report states.”
How about cutting off the global MIC?
March 25, 2022 at 9:55 am #104888Veracious Poet
ParticipantImagine if Hitler had the “red button” in the Berlin bunker towards the end…
Then remember what sort of “human” has control of U$ Empire’s “red button” right now 😐
If polled, as the curtains close on Brandon, how many would tell him to push it?
For some reason I had these sobering thoughts today, in between all the RUSSIA! RUSSIA! RUSSIA! mania + send money Now! to save Ukraine ads, everywhere…
2022 is turning into an unmitigated disaster of horrific proportions, of course the reckoning has been coming for decades, hope & pray we all “mostly” still exist on the other side.
March 25, 2022 at 10:26 am #104889Red
Participant34 people on six continents really! Overwhelming numbers. I wonder how many were actual farmers?
Farmers elsewhere are making similar moves. Reuters spoke with 34 people on six continents, including grain producers, agriculture analysts, traders and farm groups. All expressed concern about the cost and availability of fertilizer.
March 25, 2022 at 10:40 am #104890Red
ParticipantRecovery? Where’s this recovery? Nothing is moving globally yet there is a recovery? I still say the pandemic was used to cull fuel consumption, however we were already well past peak. So it’s Russia’s fault I’m sure even though they are honouring the contracts in place.
“Similar distillate shortages have emerged in Europe and Asia as the rapid recovery in consumption after the pandemic has outrun increased output of crude oil and refinery production of diesel.”
…and then there’s this little nugget: “Hardy said the shift to more diesel consumption over gasoline in Europe had helped to create shortages of the fuel. He added that refineries could boost their diesel output in response to higher prices at the expense of other oil-derived products to shore up supply, but warned that rationing was a possibility.
Meanwhile, Torbjorn Tornqvist, co-founder and chair of Geneva-headquartered Gunvor Group said that “Europe is short of diesel” but added that “Diesel is not just a European problem; this is a global problem. It really is.”March 25, 2022 at 10:48 am #104891Red
ParticipantHere’s two hours if you can stand still that long. Quite interesting on a number of topics with Robert Barns as quest.
https://rumble.com/vychaf-nato-biden-ukraine-russia-and-china-live.htmlMarch 25, 2022 at 10:49 am #104892Red
ParticipantSh$t “guest”.
March 25, 2022 at 10:54 am #104893Mister Roboto
Participant2022 is turning into an unmitigated disaster of horrific proportions, of course the reckoning has been coming for decades, hope & pray we all “mostly” still exist on the other side.
When pressure has been building up for a very long time, it makes a pretty impressive {BOOM} when it is finally released.
March 25, 2022 at 11:06 am #104894Dr D Rich
Participant“Both sides HAD LONG HAD nonprofits, and both HAD LONG understood the importance of applying First Amendment protections to donors”
“HAD LONG HAD…HAD LONG…”
-from a Princeton grad, 2014 Bradley Prize winner and WSJ Opinion writer which makes me think she was a lyricist for ABBA’s “Knowing Me, Knowing You”. Let’s see if y’all agree
In the song’s refrain, the hype-man sings this in background:
“This time (pause)
this time we’re through
This time we’re through
We’re really through”Because remember folks breaking up is never easy, I know when I have to go.
March 25, 2022 at 11:41 am #104895Dr. D
Participant“Europe desperately needs war for 8.6 years of NEGATIVE interest rates has wiped out pension funds. NY banks will no longer lend against European sovereign debt. They cannot fund the governments any longer and the central bank cannot buy their debt endlessly. The only solution that they see is to default under the pretense of the Great Reset so they NEED war” –Armostrong.
Well that’s ominous. I thought Europe was the one keeping us out of war.
Article also covers the Nickel market disruption
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/base-metals/its-not-just-energy-its-also-metals/As I said: “Biden Casually Says Food Shortage [is] “Going to Be Real” as Necessary” No markets, only shortages. That way my friends and all PMCs all eat! Red Hats and brown people do not eat. Perfect! Killin’ some folks.
“IMF Warns Countries May Cut Dollar Reserves in Response to US Sanctions against Russia”
It’s sinking in faster than I expected. But $$ is the only thing they pay attention to, like Justin’s 180. Now if they weren’t useless minions they would have advised all that BEFORE the U.S. shot themselves.
“US Hits over 400 Russian Individuals & Entities with New Sanctions”
Meaning like when London promised to “hold” all the Libyan gold, they are going to ‘steal” all the “holdings”. Because they’re desperate, discredited, and dead-broke.
Again, they are stealing Russian money to fight the Russian war, and begging hard for donations and bake sales to save themselves. Does that look like strength?
(Note: I have a bad feeling about it this week.)
“Biden is making a colossal mistake in thinking he can bleed Russia dry, topple Putin and signal to China to keep its hands off Taiwan…” Niall Ferguson of all people, Bloomberg. He does however add the requisite denial of any and all Azovs and any and all Nazis. The NY TImes reporting on this many times is just because the NY Times is a right-wing conspiracy theory.
“Reading this carefully, I conclude that the U.S. intends to keep this war going.”
“The only end game now,” a senior administration official [said] “is the end of Putin regime.”
“It helps explain, among other things, the lack of any diplomatic effort by the U.S. to secure a cease-fire.”
“The fascinating thing about this strategy is the way it combines cynicism and optimism. … to sit back and watch the heroic Ukrainians “bleed.”
“a Kinzhal air-launched missile which was used to take out an underground munitions depot at Deliatyn”
More than just a message of new toys. It was a Soviet-era, nuclear-proof bunker. The Kinzhal vaporized it.
They are on the edge of finishing Mariupol, taking Odessa, and finishing the army in Donbas while Belorus is entering the war to cut off Polish supply lines. “I fail to see in current Western strategizing any real recognition of how badly this war could go for Ukraine in the coming weeks.”
Happily, Francis “I Am the End-All of History” Fukuyama [said] that “Russia is heading for an outright defeat in Ukraine.” With his record that almost certainly means Russia wins.
https://sinfest.xyz/btphp/comics/2022-03-25.jpgI post this not to make fun but because this is really happening. Westerners are arriving to fight the Good War™, he PR Twitter war in Ukraine, then because they aren’t serious people, because they are infants, they are posting their locations on social media and getting everyone in the battalion killed. Relax. It’s a video game, dude. Just hit AAB and get another life.
To me, these are the BEST people. Unlike every other whining, crying mouth-off, they DID something, they ACTED on what they believed in. Which is more than a single one of our leaders can do. That we lost a fantasy cartoon fighter and upped our % of serious people at home, while they got everyone killed in Ukraine but not here in America is also good of course. But if people believe something, I want them to ACT. I don’t see that because they’re universal liars, supporters of “The next thing”, and words have no meaning to them. They are therefore, not men, and to me, not Americans. It’s harsh, but there are levels and requirements to being a human adult, and a viable citizen. It’s okay if you’re not, but you’re not allowed at the big table either.
Def. Sec. Wallace is one of these non-adult toddler people. Like the Social Media posters, he has no OpSec and gets everyone killed because he can’t be arsed to check calls and sources and believes everything he’s told.
“Kiev Post” is CIA and NATO, the UK “Independent” is Saudi Arabia. Very “independent” indeed.
“Zelensky has already given in to all of Russia’s demands. The invasion could have been prevented.”
Perhaps, but Ze and Ukr are “not agreement capable.” They agreed to Minsk and ignored every line and kept shelling and ethnic cleansing their own citizens. How are you going to make them when the whole Ukr government is an illegitimate western coup?
“NATO is not prepared to accept Ukraine.”
We just saw yesterday, they would side-agreement Ukr in as de Facto NATO. They’re open, world-wide publishers of this plan. And then what? Russia is in the same position but worse. You have to internalize that EVERYTHING IS A LIE. They are INCAPABLE of treaties, words, actions, only POWER. Why read what they write? They write it only to lie, that is the PURPOSE of expression and human existence to them.
“Can Venezuela Negotiate an End to US Deadly Sanctions?”
“Deadly.” So we’re murdering Venezuelans. And have been for years. And this write openly admits it. And that’s an Act of War. Oil is NOT fungible, and we must have heavy oil for diesel and to mix with the over-light gas-oil now in Texas. Are we going to give them their gold and gas stations back?
The U.S. is f’d because they think windmills are oil. Solar is oil. Gas is oil. Gas is propane. Diesel is gas. And all run through the same pipelines that take up no land corridors and are run by magic elves who live in a money tree.
I’d say nothing can make these toddlers serious and real people, but apparently something can: all the Russian Nuclear football holders are missing. Shockingly, that mattered to the media and Reddit, so perhaps (although still tactical idiots on this specific question) still retain the brains enough to be afraid of horrible, sudden, total death. That’s a start. One nuclear bomb could essentially wipe out all NY, Long Island, New Jersey, and Connecticut. Maybe they can put away social media and for the first 10 seconds of their PlaySkool lives, think “this is not a game.”
I expect it was not on purpose, but I hope this is WHY Russia has those military leaders out of view: to scare the Hell out of Americans enough to think for two seconds, two coherent, consecutive thoughts in a row.
“Banning the use of private cars in cities on Sundays. Other measures proposed in the agency’s “… reducing speed limits, working from home, cutting business air travel and imposing an SUV “tax,”
They of course will do none of these things, just as they didn’t with masks and curfews, and fly in on a jet to drive around in their SUVs breaking the speed limit looking for violators. Same as now.
“French Lawyer Arrested for Treason after Helping Reiner Fuellmich (DE)”
The only treason is truth. Its the one thing that can bring the system down. …And replace it with a non-corrupt France and America.
“In late March 2020 NZ had 5 cases in a single day and went into complete isolated lockdown.
In late March 2022 NZ has 20,000 cases in a single day (yesterday) and drops almost all restrictions.”Everyone has it. Nothing was stopped. Business and Rights erased. Mission Accomplished.
““Do you interpret Justice Ginsburg’s meaning of men and women as male and female?”
Nobody knows what any of these words mean because they don’t believe any of it; they are not serious zealots, they’re just casual liars.
“What has the FBI been doing?” Tampering with evidence and looking at pull ropes. They did finally start asking around about the D.C. bomber tho.
Albright: what do we have to say about it? “We’re jealous.”
PS “use WMD” that Saddam didn’t have.
“How will they do in the occasional blizzards?”
Yes, I was thinking they need MORE hair, not less. Unlike lab meat, they are trying to get people to accept the idea before they do more edited and murder them all.
“2022 is turning into an unmitigated disaster”
For better or worse, Armstrong says 2023 is the peak, and he’s usually right. …Or Socrates is. That doesn’t sound good, but also isn’t long now.
March 25, 2022 at 12:01 pm #104896Grodley
Participant“meaning Kiwis will no longer have to be vaccinated”
‘You’re no longer required to do that irreversible thing to your body that we forced you all to do that time’
March 25, 2022 at 12:53 pm #104897EoinW
ParticipantRE: red buttons and meglomaniacs:
Hitler was in his bunker and trapped. He missed the last boat to Argentina. The lunatics in Washington all have private jets fueled and ready to fly to their bunkers in New Zealand. I doubt they’ll be in a suicidal mood.
March 25, 2022 at 1:34 pm #104898Clueless Honky
Participant@Dr. D.
“The U.S. is f’d because they think windmills are oil. Solar is oil. Gas is oil. Gas is propane. Diesel is gas. And all run through the same pipelines that take up no land corridors and are run by magic elves who live in a money tree.”
Thanks for making my day with this line. That very well sums things up here in the United States of Amnesia.
You just moved into first place for my favorite quotes since the Ukrainian tragedy began. (Or the most recent version of that tragedy, at least).March 25, 2022 at 2:43 pm #104899zerosum
ParticipantNobody believes the Biden regime’s lies.
Food shortages are only for the useless feeders
Energy shortages are only for those with no money
Critical thinking is for the minority/us snobs
The problems are RussiaRussiaRussia
I’m right, you’re wrongDemonstrators will be met by riot police in full protected gears
Mischief, (for demonstrating) will get you a court date and jail time
Thinking about demonstrating in an offence
Planning a demonstration is an offenceMarch 25, 2022 at 2:57 pm #104900zerosum
ParticipantMy understanding
Wil Germany have enough gold to pay for 1/2 of Russian oil by mid-year
Will Germany succeed in destroying Russia by 2024?Germany in particular is hoping to cut imports of Russian oil in half by mid-year, and to end dependence on Russian gas by 2024.
March 25, 2022 at 3:00 pm #104901phoenixvoice
Participant“No city driving on Sundays…”
That is the problem with top-down edicts and plans — they do not take into consideration the facts for individuals.Myself, I mostly work from home and drive very little. The only day I do a significant amount of driving is…Sunday, once a month, meeting for family dinner with my parents and sister and her family.
So…my mindfulness of using less in general would be ignored, and this one travel suppressed?
What about the folks that work on Sundays? What about the businesses open on Sundays? What about all of the church services!!!??How is this different than “blue laws?”
March 25, 2022 at 3:13 pm #104902my parents said know
Participant“How about cutting off the global MIC?” [amen!]
Red- this is why you aren’t qualified for a government job! 😉March 25, 2022 at 4:00 pm #104903my parents said know
ParticipantMy mate gets c&e* news, which has an article “New drug approvals held steady in 2021”.
The link will take you to a tiny chart which is not helpful as it blurs when enlarged, but I have the pages in front of me and the interesting thing to note is that all the big Pharma names are on it except Pfizer.
(Moderna isn’t either, because it makes only one thing.)
*chemical and engineeringMarch 25, 2022 at 4:45 pm #104904zerosum
ParticipantMy understanding
Biden will spend $1 Billion on humanitarian aid for Ukrainians means ….Buy all the inventory that USA has and ship it to EU to take care of Ukrainian refugees
Therefore, USA consumers will also need to do without.
USA consumers will also need to share with 100,000 new Ukrainians immigrants
Biden is explaining that the “US Deadly Sanctions” are going to destroy the Russian economic structures and drive the Russian people back into the dark age so that the US can go and take their resources.
Meanwhile Ukraine want 1,000 missiles per day, for free, to kill the Russians for the USAMarch 25, 2022 at 5:12 pm #104905Susmarie108
ParticipantOn Vocation, Connection, and the whispering of the Inner Voice of Conscience
“The antidote to this abuse of formal government, is, the influence of private character, the growth of the Individual.” Ralph Waldo Emerson, The Essential Writings of Ralph Waldo Emerson
Developing private character and growth of the Individual requires mindful (personal) COMMITMENT and CONNECTION to daily living. Vocation/work is a Way to develop character as you uncover/discover the truth of who and what you are/are not.
Vocation/Work is LOVE made visible, brought into tangibility through the experience known as living on PURPOSE.
From the Academy of Ideas (hat tip Gary):
Growth of the Individual is attained through the possession of a vocation. A vocation, as Jung explains, is the crucial “factor that destines a man to emancipate himself from the herd and from its well-worn paths.” (Carl Jung, Development of Personality) To be in possession of a vocation means to turn within and listen to the call of conscience in order to discover our purpose, or life’s mission. For as Jung explains our conscience is the inner voice that provides us with “a special form of “knowledge” . . . or certainty about, the emotional value of the ideas we have concerning the motives of our actions.” (Carl Jung, Civilization in Transition) The call of conscience might direct us in the pursuit of a bold goal, the furtherance of a cause, or the defense of cherished values, and as Viktor Frankl writes:
“. . .only to the extent to which a man commits himself to the fulfilment of his life’s meaning [i.e., his vocation], to this extent he also actualizes himself. In other words, self-actualization cannot be attained if it is made an end in itself, but only as a side effect of the self-transcendence [that is guided by a vocation].” (Viktor Frankl). From Viktor Frankl, Man’s Search for Meaning.
To turn within and listen to the call of the Inner Voice of conscience is the “practice” of our times. You are being called to listen. Everything you need is here.
P.S. Own a copy of Man’s Search For Meaning. Read it now and keep it for the challenges ahead. Everything you need to know is written there.
LOVE to All.
March 25, 2022 at 5:59 pm #104906Maxwell Quest
ParticipantMarch 25, 2022 at 6:07 pm #104907brazza
ParticipantFrom a different perspective, this war has impeded fertiliser use, reduced fossil fuel availability, and choked natural resource supply lines. That’s more efficient than any eco-strategy we’ve ever considered.
March 25, 2022 at 6:23 pm #104908upstateNYer
Participant@clueless: “United States of Amnesia”
That’s genuinely funny.
March 25, 2022 at 8:27 pm #104909Veracious Poet
ParticipantFrom a different perspective, this war has impeded fertiliser use, reduced fossil fuel availability, and choked natural resource supply lines. That’s more efficient than any eco-strategy we’ve ever considered.
From a war “perspective” what you’re describing is SIEGE ~ It is indubitably the stratagem that U$ Empire Inc. has engaged vs. humanity at large.
It is in effect mass murder, so there’s your efficient “eco-strategy”, happy yet?
Keep praying to the magic elves who live in money trees to disappear (cancel) thine enemies & make all your nightmares fade into denouement ~ Perhaps they’ll send you a box of Chips Deluxe cookie crumbs in reward…
March 25, 2022 at 8:36 pm #104910Veracious Poet
ParticipantTo argue with a person who has renounced reason is like administering medicine to the dead ~ Thomas Paine
March 25, 2022 at 8:46 pm #104911Veracious Poet
ParticipantDeveloping private character and growth of the Individual requires mindful (personal) COMMITMENT and CONNECTION to daily living. Vocation/work is a Way to develop character as you uncover/discover the truth of who and what you are/are not.
Vocation/Work is LOVE made visible, brought into tangibility through the experience known as living on PURPOSE.
Perhaps, for those that rise from the ashes…
Love & mercy,
Gary
March 25, 2022 at 8:50 pm #104912ctbarnum
ParticipantNext, breathing is right wing.
Holy I had no idea…this goes way back too smh pic.twitter.com/ypfF187jDe
— Peter.linklage.slime (@linklage) March 23, 2022
March 25, 2022 at 9:19 pm #104913Veracious Poet
ParticipantMarch 25, 2022 at 10:02 pm #104914Veracious Poet
ParticipantEven the misanthropes can see there’s no light at the end of the tunnel (of love)…
Every living soul within the U$ Empire will remember when the grid failed, if they live more than 24 hours.
Still I’m trapped behind enemy lines because my beloved’s mother is a gridder, as is all of her familia, and that was before el madre got dementia…
I guess we’ll have to try to be a shelter in the storm, when the Society of strangers revert back to the Law of the jungle.
Although we’re 60 miles removed from the blue zone, it’s way too close for comfort…
I am the grey man.
March 25, 2022 at 10:56 pm #104915ctbarnum
ParticipantGaffe or did he commit NATO troops to Ukraine to unleash nuclear holocaust?
“You’re going to see when you’re there, you’re going to see women, young people standing in the middle, in the front of a damn tank saying ‘I’m not leaving,'” he said while standing in the center of US troops in Poland.
The remarks came during his visit to a base in Jasionka (Rzeszów County) in Poland, in the country’s southeast, which is a mere 60 miles from the Ukraine border. The 82nd Airborne Division was earlier deployed along NATO’s eastern edge as a ‘deterrent’ of sorts in protection of NATO territory.”
March 26, 2022 at 1:39 am #104916Veracious Poet
ParticipantMarch 26, 2022 at 1:41 am #104917WES
ParticipantMaxwell: Good to see Acme Incorporated is still active, at least in the virtual world!
Today’s good news! We are one day closer to using up the last Ukrainian!
It is hilarious listening to everyday Russian soldiers talking on their radios. A Russian commander demands that tank crews get in their tanks and move forward! The tank crews reply we outta f’king gas! If you don’t get us some f’king gas we might as well f’king go home! Commander, mad, says then f’king go home! Then the general over hears the commander, and says get in your tanks and get moving! That’s an order! A chastened tank crew replies but we don’t have any gas! The general explodes and says then buy some dam gas at a local gas station! Or beg, borrow, or steal some gas! The stresses of war!
Yes, the world is going to hell in a hand basket. Situation completely normal! I am more concerned about the path Little Red Riding Hood is taking our hand basket in. She is afterall vaccine injuried and the hand basket might be heavy. Then there is the small matter of the big bad Russian wolf, ever since granny died from the Fauci’s clot shot, the WEF plot might have changed.
It is very gratifying to see that in Europe, Trudeau’s popularity is lower than Putin’s.
March 26, 2022 at 1:42 am #104918aspnaz
ParticipantEoinW said
Hitler was in his bunker and trapped. He missed the last boat to Argentina. The lunatics in Washington all have private jets fueled and ready to fly to their bunkers in New Zealand. I doubt they’ll be in a suicidal mood.
Russia really should station a sub off the coast of NZ to shoot down these trouble makers as they fly in: do us all a favour.
March 26, 2022 at 1:42 am #104919Michael Reid
Participant@ WES
I milled my first two pieces of dimensional lumber from black spruce trees cut not far from the cottage.
4 inches by 4 inches by 8 feet
I had to do bit of research to figure out how to setup to make the cuts and learn the cuts should be parallel with the centre of the tree.
It is a fairly time consuming process, uses a fair amount of fuel/oil and requires saw sharpening/cleaning.
This is my first time so I expect to get better. It will take much time and effort to mill the lumber I need. Not easy.
I have a 26 inch manual ripping saw that I will use next time to see what that would be like.
March 26, 2022 at 1:58 am #104920Michael Reid
Participant@ WES
Sorry but I previously posted the wrong picture. That was the picture of my wood stove that UpstateNYer likes and my fresh water storage that Dr. D knew normal construction would not support.
Anyway here is the picture of the 4 x 4 that I cut
March 26, 2022 at 1:59 am #104921Veracious Poet
ParticipantHitler was in his bunker and trapped. He missed the last boat to Argentina. The lunatics in Washington all have private jets fueled and ready to fly to their bunkers in New Zealand. I doubt they’ll be in a suicidal mood.
You’re right. Hitler could have gotten away if he’d made it to the Vatican for the “boat to Argentina”…
Unfortunately for “The Anointed”, Russian & China will have the means + need to deal with all of West’s despotic “lunatics”.
Do you really think they’ll be able to run like it’s 1945?
No Boys of Brazil for you Herr Faucism!
I wonder if Doc Evil will even get a prayer of Requiem aeternam when justice finds the scoundrel?
March 26, 2022 at 2:21 am #104922John Day
ParticipantMichael Hudson talks to the Saker about new parallel-but-separate global trade regime, as Russia requests Rubles, gold or Bitcoin from “non-friends” for oil, gas, titanium and palladium they need.
Thanks for all the content, Ilargi and Commentarians.
https://thesaker.is/the-saker-interviews-michael-hudson-5/
The petrodollar will remain between the United States and its allies. But alongside it, there will be the Saudi-yuan and India-yuan arrangements for trade in oil, minerals, industrial products and probably international investment. Trade in these products will be able to occur in a number of currencies, probably on a number of exchanges. It is not clear whether some formal or informal arbitrage may develop between these areas. That is part of what is to be designed. To oversee and regulate the resulting financial and trade arrangements, an alternative to the IMF is needed. The U.S. will not join any organization in which it does not have veto power, so we will see a division of the world into different trading and monetary areas. The result is not so much a conflict as two quite different operating philosophies as the non-U.S. world develops its alternative to financialized neoliberalism.March 26, 2022 at 2:53 am #104923my parents said know
ParticipantMichael Reid- I would feel very much at home at your place.
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