John Day

 
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  • in reply to: Debt Rattle June 13 2022 #109597
    John Day
    Participant
    in reply to: Debt Rattle June 13 2022 #109589
    John Day
    Participant

    CIA wiretapping of Assange and his defense team should be looked at by UK court, considering extradition to the US, but isn’t because… something-official-sounding-and-mumbled…
    https://sputniknews.com/20220609/uk-blocking-case-of-possible-wiretapping-of-assange-reports-say-1096157686.html

    in reply to: Debt Rattle June 13 2022 #109588
    John Day
    Participant

    @Sister Susmarie108: Time for some Grateful Dead!
    (From when phones had wires) https://www.youtube.com/watch?v=Id0HUt4eNkU

    in reply to: Debt Rattle June 13 2022 #109576
    John Day
    Participant

    Going for a bike ride; hope to get back before it hits 100.

    in reply to: Debt Rattle June 13 2022 #109575
    John Day
    Participant

    Dr. D wrote:
    “Looking for inflation, trying to measure the arrow as it leaves the bow. I think – think – Powell will crash the economy and stall inflation in time for the election. So up – and remember, our inflation numbers are 30 days ago, rear-view mirror — and then flat/down for a short while before fall/election. Later, let’s not guess that far in the middle of a hurricane, although we know the end game: they try for CBDC (Central Bank Digital Currencies) and they lose. We then come up with an organic people’s solution. Eventually. When the U.S. revolution was over, “eventually” was a very long time of constant independent bank currencies and runs.”
    and:
    “I was thinking yesterday about the Greenies. Or as we used to call them, the Hippies. Back then, the women all wanted to be round, barefoot, child-hugging home-birth earth mommas playing guitar with their man by a dog and a woodstove. Home schooling with a garden.
    Today’s Greenies want a Tesla, Amazon, sterile star-trek, non-gender life of no kids, no dogs, and loveless sex, alone with their careers, merely watching the biosphere from space on a tablet screen. That is to say, they acute biophobes, against all life. A strange kind of environmentalism that is against all messiness and participation in all life. More of the “Mentalism” and less of the “Environment.”

    “Our House” was written by Graham Nash at Joni Mitchell’s piano, when they got back from breakfast and impulse-buying a vase she saw in a window.
    “Suite Judy Blue Eyes” was written by Stephen Stills, trying to get Judy Collins to come back to him.

    in reply to: Debt Rattle June 13 2022 #109572
    John Day
    Participant

    Thanks Germ: Why is the “vaccination” campaign not over?
    It seems that “they” have to keep up the aggressive vaccines-help ruse, have to stay on the offensive, and also keep getting paid more, because dealing with reality could be financially fatal for Pfizer et. al. and even potentially fatal for some of the human conspirators.

    Wanton, ongoing murder-of-the-duped.
    “Why do people think COVID is over?” “We’re all triple vaxxed and we have it again.”
    More people seem to be dying of cancer and having strange neurological ,maladies in my personal world. It’s sad, as I know there is nothing constructive that I can say to most of them, under the circumstances.

    What is Ramsay Hunt Syndrome?
    It’s like a shingles variant.
    Herpes viruses, like from Chicken Pox, hide from the immune system (somewhat) in the brain & spinal cord, but they are still suppressed there.
    If the immune system is weakened, as from stress or COVID “vaccination”, that immune-suppression weakens, and the virus can spread out a nerve root, so shingles rash and pain presents in the distribution of one nerve from the spinal cord.
    This can happen inside the brain to a nerve nucleus, and there is no rash, but the side of Mr. Bieber’s face won’t move, which can also be caused by Bell’s Palsy, through a similar mechanism, but an infected nerve root swells and gets choked/pinched in the boney hole where it exits the skull.
    Treating quickly with high dose acyclovir is always a good strategy. It is cheap and very safe. It may help. Sooner is better. Steroids to reduce swelling/inflammation are also often prescribed, but not necessarily for Ramsay Hunt Syndrome, which is fairly rare, but I have caught and treated a few time “in the old days”.

    in reply to: Debt Rattle June 13 2022 #109571
    John Day
    Participant

    @Mister Roboto: Other Green Party candidates have included Congresswoman (former) cynthia McKinney and Ralph Nader. A Green Party vote is a protest vote in the US. I voted for those Green candidates.
    Green Party in Germany is part of the political machine. If it gets big enough, the Borg will subsume it, right?

    in reply to: Debt Rattle June 13 2022 #109570
    John Day
    Participant

    @VP Gary and Michael Reid: Regarding instruction manuals for miracles, like life.
    There have been a lot of instruction manuals, most of which seem better at holding a group of people together (often following orders) than helping individuals work with the complexity and quirks of their own human existence.
    That being said, grandparents can be a lot of help sometimes, when even good parents are working a lot of things out themselves.
    There is an embedded self-paced-learning feature in human existence. “Seek and ye shall find.”
    I try to use that. Sometimes helpful people or helpful written texts show up.
    A “miracle” is usually a good thing, which is not adequately explained by one’s present model of “reality”, i think.

    in reply to: Debt Rattle June 12 2022 #109530
    John Day
    Participant
    in reply to: Debt Rattle June 12 2022 #109526
    John Day
    Participant

    @Clueless Honky: i excerpted this:
    22-24 August 2019: G7 central bankers meet in Jackson Hole, Wyoming, to discuss BlackRock’s paper along with urgent measures to prevent the looming meltdown.
    In the prescient words of James Bullard, President of the St Louis Federal Reserve:
    “We just have to stop thinking that next year things are going to be normal.”


    @Noirette
    : Thanks again for more relevant perspective again.

    in reply to: Debt Rattle June 12 2022 #109524
    John Day
    Participant

    ERX-41 looks very promising for cancer treatment, though this is one trial-study, and the point-mutation of one gene made the medicine fail to work. Cancers will soon discover that and mutate that gene and succeed anew. That being said, attacking this mechanism of cancer-cell proliferation is now known to be effective. Those are some bad cancer-types it killed in the study.

    Oxymoron’s song will slap you upside the head, and you’ll get it. Thanks for “liking my work”.

    VP Gary paged me to courtesy telephone #2 yesterday but I was busy in multiple venues and driving and did not see it until this afternoon.


    @Red
    : Thanks for Russia insights.


    @Clueless
    Honky: I’ll read that. One crisis can be used to justify so many different interventions.

    in reply to: Debt Rattle June 10 2022 #109423
    John Day
    Participant

    @Armenio Pereira: I am not “thought police”. Dr. D presented a hypothesis. You have used the term “hypothesis”, but have not understood the meaning, so I helped tease it out from his example.
    Others disparaged you making unfounded assumptions about TAE commenters, and I think it was harmless, but you mistook an impression you had for an established fact, without investigating whether it was a fact. You made an assumption that it would be accepted as such.

    A bit of self-review of initial assumptions, and a clear explanation of logical process upon those assumptions to approach some conclusion is the formation of a hypothesis. It’s part of “Scientific method” and also “legal argument”. It’s a useful technique.

    Frank Zappa once inquired “Who are the brain police?”

    in reply to: Debt Rattle June 10 2022 #109414
    John Day
    Participant

    NO, you simply misconstrued our meaning. This is only about risks TO the US, not risks FROM the US.
    A US Government Agency Accidentally Revealed the Strategic Danger of GMO Crops
    Without realizing it, the USCC just accidentally revealed the strategic danger of GMO crops, namely that their genetic code can be hacked by adversaries who might then manufacture bioweapons against them in order to cause famines…
    ..GM seeds can be employed as weapons of Hybrid War against those states that aspire for strategic autonomy. All that the US has to do is clandestinely release bioweapons engineered to target those crops in order to cause blights that lead to famines. It would retain “plausible deniability” too since nobody could prove that it was responsible. With this in mind, those states that truly want to defend themselves from unconventional threats must urgently return to purely natural seeds in order to make it more difficult for their adversaries to employ this destabilizing scenario against them as punish for their independent foreign policies.

    A US Government Agency Accidentally Revealed the Strategic Danger of GMO Crops

    Dr Paul Alexander was aware of the many risks, as was I. We could not understand why such high risk treatments were being pushed to healthy low risk people.
    WARNING: FDA, CDC, NIH, Moderna, & Pfizer official (s) expressed their serious concerns with these mRNA vaccines at HHS, especially for children, very fearful of their safety & career destruction
    I restate what was shared with me, privately, confidentially, at HHS (Operation Warp Speed) around July and August 2020, 6 months or so prior to the roll-out of the vaccines
    https://palexander.substack.com/p/warning-fda-cdc-nih-moderna-and-pfizer?s=w

    Meryl Nass MS posts this public service announcement: It’s a good panel of well known expert speakers.
    Doctors for COVID Ethics/ UK Column Symposium Saturday June 11: Freedom is the Cure
    Unpacking and Defeating the Medical Tactics of World Takeover
    https://merylnass.substack.com/p/doctors-for-covid-ethics-uk-column?s=r

    in reply to: Debt Rattle June 10 2022 #109413
    John Day
    Participant

    This is good for most Texans and will lower gas and gas-powered-electricity prices this summer. It’s bad for making the EU dependent on LNG from the US.
    European Gas Soars After US LNG Terminal Explosion Halts Exports For Weeks
    https://www.zerohedge.com/commodities/european-gas-soars-after-us-freeport-lng-terminal-explosion

    ​ Stagflation is back, due to high debt load and high oil prices, like before, but the American real-economy is not ​making stuff like it did before. What next?
    US Consumer Prices Reaccelerate In May, Highest Since 1981
    https://www.zerohedge.com/personal-finance/us-consumer-prices-reaccelerate-may-highest-1981

    “I don’t think it means what you think it means…” The Insurance companies might get their business-model replaced before this is over. “The oil must flow/”
    Insurance Ban Is The EU’s Biggest Blow Yet To Russian Oil Exports
    Joining the UK, the EU has placed a ban on insuring and financing the marine transportation of Russian oil.
    The insurance ban will likely have a massive impact on Russian oil exports
    https://oilprice.com/Energy/Energy-General/Insurance-Ban-Is-The-EUs-Biggest-Blow-Yet-To-Russian-Oil-Exports.html

    in reply to: Debt Rattle June 10 2022 #109412
    John Day
    Participant

    Might Skip All This (previously or currently on TAE or comments)

    Pepe Escobar reviews and encapsulates Michael Hudson’s timely new book.
    With The Destiny of Civilization: Finance Capitalism, Industrial Capitalism or Socialism, Michael Hudson, one of the world’s leading independent economists, has given us arguably the ultimate handbook on where we’re at, who’s in charge, and whether we can bypass them…
    .. The whole Global South will easily recognize the imperial modus operandi: “The strategy of US military and financial imperialism is to install client oligarchies and dictatorships, and arm-twist allies to join the fight against designated adversaries by subsidizing not only the empire’s costs of war-making (“defense”) but even the imperial nation’s domestic spending programs.” This is the antithesis of the multipolar world advocated by Russia and China…
    ..So inevitably the major imperial leverage over the world, a true “strategy of underdevelopment,” had to be financial: instrumentalizing IMF pressure to “turn public infrastructure into privatized monopolies, and reversing 20th century pro-labor reforms” via those notorious ‘conditionalities’ for loans…
    ..The US economy is indeed a lame post-modern remake of the late Roman empire: “dependent on foreign tribute for its survival in today’s global rentier economy.” Enter the correlation between a dwindling free lunch and utter fear: “That is why the United States has surrounded Eurasia with 750 military bases.”..
    ..Hudson succinctly frames the central issue facing the world today: whether “money and credit, land, natural resources and monopolies will be privatized and concentrated in the hands of a rentier oligarchy or used to promote general prosperity and growth. This is basically a conflict between finance capitalism vs. socialism as economic systems.”
    To advance the struggle, Hudson proposes a counter-rentier program which should be the Global South’s ultimate Blueprint for responsible development: public ownership of natural monopolies; key basic infrastructure in public hands; national self-sufficiency – crucially, in money and credit creation; consumer and labor protection; capital controls – to prevent borrowing or denominating debts in foreign currency; taxes on unearned income such as economic rent; progressive taxation; a land tax (“will prevent land’s rising rental value from being pledged to banks for credit to bid up real estate prices”); use of the economic surplus for tangible capital investment; and national self-sufficiency in food…
    ..I asked him how he analyzed the current discussions between the Eurasia Economic Union (EAEU) and the Chinese – and between Russia and China, further on down the road – as being able to deliver an alternative financial/monetary system. Can they sell the alternative system to most of the planet, all while dodging imperial financial harassment?
    Hudson was gracious enough to reply with what could be regarded as the summary of a whole book chapter: “To be successful, any reform has to be system-wide, not merely a single part. Today’s western economies have become financialized, leaving credit creation in private hands – to be used to make financial gains at the expense of the industrial economy… This aim has spread like leprosy throughout entire economies – their trade patterns (dependency on US agricultural and oil exports, and IT technology), labor relations (anti-unionism and austerity), land tenure (foreign-owned plantation agriculture instead of domestic self-reliance and self-sufficiency in food grains), and economic theory itself (treating finance as part of GDP, not as an overhead siphoning off income from labor and industry alike).” …
    ..That requires an alternative to the IMF, World Bank and ITO (from which Russia has just withdrawn). And alas, an alternative also requires military coordination such as the SCO [the Shanghai Cooperation Organization] to defend against the militarization of US-centered finance capitalism.” …
    ..So how to break free from dollarized debt? “They need a critical mass. That was not available in the 1970s when a New International Economic Order was first discussed. But today it is becoming a viable alternative, thanks to the power of China, the resources of Russia and those of allied countries such as Iran, India and other East Asian and Central Asian countries. So I suspect that a new world economic system is emerging. If it succeeds, the last century – since the end of World War I and the mess it left – will seem like a long detour of history, now returning to what seemed to be the basic social ideals of classical economics – a market free from rent-seeking landlords, monopolies and predatory finance.” …
    ..“In short, it is a conflict between two different social systems, each with their own philosophy of how societies work. Will they be planned by neoliberal financial centers centered in New York, supported by Washington’s neo-cons, or will they be the kind of socialism that the late 19th century and early 20th century envisioned – a ‘market’ and, indeed, society free from rentiers? Will natural monopolies such as land and natural resources be socialized and used to finance domestic growth and housing, or left to financial interests to turn rent into interest payments eating into consumer and business income? And most of all, will governments create their own money and steer banking to promote domestic prosperity, or will they let private banks (whose financial interests are represented by central banks) take control away from national treasuries?”

    Will the Global South break free from dollarized debt?

    Moon of Alabama observes: Washington Starts Blame Game Over Defeat In Ukraine (People don’t seem to believe the scapegoating these days, or care.)
    https://www.moonofalabama.org/2022/06/washington-starts-blame-game-over-defeat-in-ukraine.html#more

    The Status of the Globalist Agenda Has Been Escalated from “Confused” to “Chaotic”
    ..People will claim that when I say “the West is going to collapse,” I’m being overly optimistic. Part of this is my use of hyperbolic language. I don’t actually think that the US government is going to stop existing in the near future. What I am talking about is the unseating of the US as a contender as the premier world superpower. Once it becomes clear that this is no longer in the cards, I expect there to finally be some form of recalibration. We don’t know what that will look like, or if it will be good or bad for normal people, but it will happen…
    ..This situation is definitely entering into the realm of “emerging chaos.” There are powerful people now calling for a scale-back, so it’s possible you could see that before the economic situation enters terminal decline. It’s also possible that this might not happen. It’s possible that the Ukraine situation could escalate directly into a world war. “Chaos” is what it sounds like it is.
    In the long-term and even the medium-term, I’m hopeful about the future. The biggest impediment to people at least being allowed to choose to live normal lives has been this globalist agenda, and its failure is a victory for humanity.
    https://www.unz.com/aanglin/the-status-of-the-globalist-agenda-has-been-escalated-from-confused-to-chaotic/

    in reply to: Debt Rattle June 10 2022 #109411
    John Day
    Participant

    “Imperial Summer Vacation” blog post has some overlap with TAE stories in main section and comments.
    No offense is intended. The grouping of stories and excerpt selections composes the hypothesis I am presenting. (Garden picture in special t-shirt I had made for Yokum) https://drjohnsblog.substack.com/p/imperial-summer-vacation?s=w

    Eric Zuesse has this analysis: THE AMERICAN EMPIRE IS BEING DEFEATED; ASIA WILL LEAD THE FUTURE.
    I agree with the first part, but the second part remains to be seen. Maybe “Asia” is not such an entity. Maybe the future really will be distributed and “multipolar”.
    Zuesse points out the assassination attempt against Turkey’s President Erdogan in 2016, carried out by US-aligned Turkish military officers. Russia saved him at the last minute. The NATO-member veto on new members being approved prevents further NATO expansion while Erdogan lives and cooperates with Russia. It largely incapacitates NATO, since Turkey is in a critical position, controlling black Sea and Mediterranean access, and pipeline transit routes to Europe.
    Zuesse does not bring up that Turkey stands to have a much elevated position in a new Eurasian world-economic-order, firstly since it will be able to repudiate it’s vast $US denominated debts, but also because Turkey is likely to be less frequently insulted, and given better consideration than the US does. In a new regime, Erdogan clearly sees growth potential for Turkish power and influence.
    In the near term, a hobbled NATO will not act as global enforcer. In the longer term, the $US slipping in global reserve-currency utility will cut funding for the global American military project. This summer, with the shortages of food and oil, and the $US being more expensive for debtor countries, Western finance seemingly plans to extract the wealth producing assets from more countries, and enforce austerity on their starving citizens, replaying the Asian Economic Crisis, though this is an ancient financial grab. Banks make loans for interest, but they really want to take the collateral/property.
    Zuesse foresees that this property-grab will be resisted this time around. He also points out that a lot of Russian oil is still flowing to Europe, and pipeline flows have been increasing since April to countries that get it that way, including Germany. This is not technically “cheating”, since pipeline flows were exempted, but I agree that different forms of rationalization and “cheating” can be used by European politicians who are on the American-bribe payroll, but still have to live with people at home.
    As American power within NATO becomes more visibly weakened, then NATO speaking for Europe may be openly contested. My own view is that orders will be given by the imperial command, and accepted, and not effectively followed, maybe by bureaucratic delay or other forms of slowdown or technical inability.
    The lack of enforcement of the declining western financial order must become apparent at the same time as an Eastern/multipolar option becomes available.
    That will make the choice “easy” for many debtor countries, and it will get easier as the number of participants in the alternative system increases. If one’s neighbor has repudiated $US debt and nationalized oil and mining, and has not been destroyed, doesn’t that make it look appealing?
    As soon as $US debts are being defaulted broadly as policy, global financial interests will also seek any other way to maintain or reclaim some value. They are hardly “loyal”, but to their own profits.
    The clarity of this path does not determine how quickly it will fall into place, but this summer’s dollar shock needs to be managed and people need food. The IMF, World Bank and western finance in general may not see clearly how weak their hand is (hubris). If they try to extract the maximum pound-of-flesh, countries will have to defend themselves and their citizens.

    The American empire is being defeated; Asia will lead the future.

    ​ ​Turkey ​(in cooperation with Russia)​ attempted to mediate safe passage in the Black Sea for Ukraine’s grain harvest, but Ukraine objected to the Black Sea proposal in a statement on Tuesday before the talks in Turkey.
    ​ ​A significant portion of the world’s food supply is on the line, but Ukraine Nixes a Potential Deal.
    ​ ​“We cannot rule out Russia’s plans to use such a corridor to attack Odessa and southern Ukraine. That is why effective security guarantees are needed to restore shipping,” the Ukrainian Foreign Ministry said.
    https://www.zerohedge.com/personal-finance/ukraine-safe-passage-grain-talks-fail-expect-still-higher-food-prices-globally

    This is the most recent news story I can find on Sri Lanka, which has borrowed $3 billion from India this year, is talking with the IMF, but really cannot exist on loans that keep getting bigger. They are buying Russian oil at the 30% discount when they can. The big question is that of what Sri Lanka can offer the world in return for commodities like oil, minerals, manufactured goods and food. Any new financial order can decide to help Sri Lanka and get good publicity.
    https://asia.nikkei.com/Spotlight/Sri-Lanka-crisis/Cash-strapped-Sri-Lanka-looks-to-Russia-to-quench-thirst-for-oil

    in reply to: Debt Rattle June 10 2022 #109409
    John Day
    Participant

    @Ilargi and V.Arnold: something about that Oyster Eater strikes me as deeply lascivious.
    Art… who can understand it?


    @Germ
    : I’m really worried about global VAIDS. This will progress slowly… How Long?

    @Figmund Sreud: I thought global-warming was going to be a net benefit to Russia… WES?


    @Red
    : It looks like screwing up the jet-turbine-global-economy with a big fat goose in the intake is the plan to combat global-warming and save oil and mineral resources for later, for the owners, not for the herd. Maybe I simplified it too much…

    @The Black: Interesting dream. I think they want Zelensky on TV until they want him dead.
    I think they want Assange to be visibly forever-tortured as a warning to journalists.
    I’d love to be wrong.


    @Phoenixvoice
    : I Read You and Hear You, Sister.

    Dr.D said: “If you usually skip me, this might be a good one to read anyway.” I think….
    “Like sands through the hourglass, These are The Days Of Our Lives…”
    Then Dr. D said: “So IF the U.S. private payment system is bankrupt, how are they holding it together? Well, with $2,000 Billion cash every night in Repos for one. Does that confirm some stress? They are check-kiting Treasuries between “banks”, or, since they are really all-one united authoritarian structure, between “accounts”.” …
    “Well one thing you could do is that you can’t pay everyone. So you definitely pay all your friends (Pharma and War) and NOT pay your enemies (China and Russia). Has the U.S. done this? YES” …
    “At the same time, what happened with China? We stopped the money drain by shutting down demand. And now? There IS all kinds of “demand” but no delivery.
    OR, you might say that maybe we are UNABLE to pay China. Or to pay in the way they want and ask of us. Like in unencumbered US Treasuries that aren’t hypothecated counterfeits? Or, as Russia has been more public about, even in Yuan or gold? Would THAT lead to a year-long standoff of unloading goods in U.S. ports? YES.”
    “So maybe this: the “U.S.” – and we think sloppy here, WHO in the U.S.? – the U.S. Commercial Banks like Citi and Bank of America, clear the ships to leave Shanghai by showing the account escrow. But when the ships arrive, BoA suddenly can’t find that $1B x 500 ships anchored off Long Beach and says there were “payment problems.” The shipowner says, “Fine. We’re not steaming back, but obviously you can’t act like Europe and just think you’re going to have goods delivered without paying.” (In Yuan, oil, wheat?) BoA says, “No problem old pal! I gots the money right here in the couch cushions!” Then slow-walks every. Single. Unloading. In order to harbor every nickel they can. Because they’re broke. They have to make decisions as to WHO to pay?” …
    “Okay, if the U.S. is broke – and they definitely are – what else can they do? Well, like any bankruptcy, the accounts are being drained with immovable costs, that’s bad. But also are there any holes that are very dangerous? Yes, the London gold is not allowed to be removed (what was that, Austria?), but we still have to move gold to keep the ILLUSION there is any market whatsoever…
    ..Where is the gold going TO? Is there anywhere else we can stop it? You know, with bombing, murders, assassinations, coup d’etats…? …
    ..Russia has been draining gold and it’s hard not to have them discredit you if they don’t get it. London has to APPEAR to deliver gold, but they don’t have any, so somehow we need Russia to not RECEIVE their gold. Or their US Treasuries. Or their gilts. See the picture now? …
    ..Sanctioning Russia – and we noted when they were shut off, voluntarily, they both accepted gold and pegged gold to the Rouble. London then stopped Russia from RECEIVING gold from any one of any vassal state on earth, but not allowing anyone ELSE their gold. To forestall a gold/commodity/trade standard. Again.” …
    ..”Does Europe committing open, bloody, public suicide make more sense now? It’s not that they’re obeying the United States. It’s not that they don’t know or don’t want to pay.
    IT’S THAT THERE IS LITERALLY NO MONEY. They can’t pay Russia what they don’t have. The attempt will collapse the entire West, every power structure, every seat, every government. All the banks, the oligarchs…”
    ..”So this is simple: They went bankrupt. ALREADY. On the “Private” side. Powell is furiously bailing out the broadside hole with $2T/night. That is, $2T every 12 hours. Since Sept 2019. What are they DOING with it? They are sheltering bankruptcy by deciding WHO gets paid…and who doesn’t. They have slowed the business down many-fold to try to maintain control of their check-kiting and ever-expanding frauds.
    AND HAVE STOPPED ALL BUSINESS PURCHASES under some dumb premise while still creating enough illusion to their other suppliers that they’re not broke. When they decidedly are. Irreversibly. “…
    ..”That’s why all the world’s ships are sitting in our harbors, not unloading. Does that all make sense now?
    And whadda they gonna do? Tell you? “Stopping the bank run” is why they did this in the first place. Back when collapse was showing up in Wall Street. Sept 2019. Funny old date, that. Somehow, like the $5trillion missing from the Pentagon budget on 9-10, we somehow all forget in 2020, 2021, that Wall Street was broadsided, sinking, in Sept 2019. I didn’t forget. But I also have to wonder/can’t figure out, when was it ever going to matter?
    Still not yet, I guess. Another day of another week of another month, the truth doesn’t matter. Reality is suspended another day. Forever?”

    @Armenio Pereira: See? Dr. D advanced a hypothesis there, and supported it with facts , relationships and causal links. It’s not completely proven, but he presented and supported a valid hypothesis. He did not merely present a fanciful thought, or present a casual impression as a proven and accepted “fact”.\
    He has style, but it is superimposed upon substantial facts, well organized, and arranged to reflect a suspected underlying causal relationship, which would be helpful to know, as it would simplify decisions going forward, making their outcomes Much More Predictable.
    It’s a hypothesis though…

    in reply to: Debt Rattle June 10 2022 #109404
    John Day
    Participant

    @Mr. House: Thanks for the Spengler.
    Profound; well written, but also an incomplete view of historical phenomena, because WHY?
    Why does this pattern recur across the millennia? Perhaps some necessity?
    People have fewer children and care for them more attentively when it becomes clear that the children can be presumed to live to adulthood in almost every case.

    in reply to: Debt Rattle June 10 2022 #109396
    John Day
    Participant

    Testing if I can post a comment. The AI started rejecting me yesterday.

    in reply to: Debt Rattle June 9 2022 #109344
    John Day
    Participant

    The traditional question is “What is a ‘man’?”
    Well, that’s important, because everybody knew what a woman was.
    Mom.
    Is Dad a “real man”?
    Does Dad protect Mom and the kids? Does Dad “bring home the bacon”?
    Is Dad “a good man”, reliable, dependable in the long term to support the family?

    I don’t intend to take anybody’s side or oppose anybody, but I’ll point out that women-raising-children require support. that’s the basic deal. “Men” want to reproduce, too, so a contract for support works for Women, Men and Children, and the species continues.
    Some “people” break contracts, even women, sometimes. Men not-infrequently have a strategy of breaking contracts, conscious or unconscious, or subconscious, or hidden from consciousness, or sequentially-in-consciousness…
    Phoenixvoice’s ex is that kind of “man”.
    Phoenixvoice’s daughter despairs of that kind of a life, “having children”.

    Lyndon Johnson sent “young men” to kill and be killed in Vietnam, and created a “Great Society” based on “Guns and Butter” where women could have children without “Good Men” or even “Real Men”.
    There were problems being “married” to the federal and state governments.
    See “married to abuser”.

    People are the apex predator of our world, and some people are the apex-predators-of-apex-predators.
    Other people are their prey.
    Some people are not either.
    Some people visit TAE.
    TAE generally disparages human predator-prey relationships, but there’s that question, “What are human-predator and human prey/”

    in reply to: Debt Rattle June 9 2022 #109342
    John Day
    Participant

    Thanks for the mining-facts, WES. I believe they said that big cat burned 1800 gallons of “fuel” in a 12 hour shift, so 150 gallons of diesel/hr.

    in reply to: Debt Rattle June 8 2022 #109336
    John Day
    Participant

    @Chooch: The last thing on that train was amphibious assault vehicles.
    Those are not for Donbas, are they?

    in reply to: Zelensky Finally Speaks The Truth #109335
    John Day
    Participant

    Yesterday kultsommer said: “Note to myself (English is my 2nd lang) – mindless re-post of an article about the plight of Assange’s family that was already included in TAE list was explained to me as an “overlap with a reason” in reply to my previous inquiry about the practice that, in my opinion, shows that poster is barely reading what’s offered on this site.”

    No offense intended. I read everything and (almost) always catch up on previous days and comments. I spend many hours reading and knitting together stories I find about the flow of history we are in. I post them on both mirror versions of my blog (uncensored drjohnsblog.substack.com and sometimes-censored http://www.johndayblog.com )
    They form a composition, a grouping and a flow of linked excerpts. Many of us here naturally find the same stories/links, whether here or in our routine searches.

    Please don’t be slighted. that is not my intention. I have frequented this blog since very early 2008. i like this current community, which is always evolving, and is different from the also good community 12 years ago, which had the original-Deflationista, whatever happened to him…

    in reply to: Debt Rattle June 8 2022 #109276
    John Day
    Participant

    S​urvey results (Russian friendly website Alert) ​ ​Most Americans Accept “Ukrainian Defeat”: Opinion Poll
    One of the largest American think tanks, Democracy Institute, recently carried out an opinion poll on some topics concerning the Ukrainian issue…
    [The Democracy Institute is a think tank based in Washington, DC and London. It was founded in 2006. According to the University of Bath’s Tobacco Tactics project the institute has taken part in pro-tobacco activities and has previously received funding from the tobacco industry.]
    ​ ​The data shows how Americans are tired of seeing their government involved in a conflict whose results will not bring any improvement to the people. Only 36% of the respondents said they supported Biden’s policy in Ukraine, while 53% said they were against it.
    ​ ​The numbers concerning other questions asked to the respondents corroborate the Democratic President’s unpopularity. For example, 45% said they would be fine if the US “allowed” the Ukrainian defeat, stopping sending military aid and letting the conflict end with the inevitable Russian victory. In the same vein, 50% of respondents were against the billion-dollar aid packages for Ukraine, and only 5% claimed to see Kiev as a priority for the US.
    ​(Wait, how did this question get into that survey?)
    Furthermore, 16% of respondents claimed that they would like to see Russian President Vladimir Putin as the leader of the US. ​ ​https://www.globalresearch.ca/most-americans-accept-ukrainian-defeat/5782676

    ​Here is a Ukraine War update (excerpted) from the Russian Minister of Defense:
    ​ ​As for today, 97% of the territory of the Lugansk People’s Republic has been liberated.
    ​ ​Residential areas of Severodonetsk have been fully liberated. The takeover of its industrial zone and neighbouring settlements continues. The offensive in the Popasnaya direction is developing.
    ​ ​51 units of foreign military equipment have been destroyed during the last 10 days of the special military operation.
    ​ ​In five days, 126 servicemen of the Armed Forces of Ukraine surrendered, their total number is 6,489 people.
    ​ ​In Mariupol, water and electricity supply to residential areas is being restored in stages, streets are being cleared and the first social facilities have started to function.
    ​ ​The Azovstal plant, including its underground facilities, has been completely cleared of mines.
    ​ ​Berdyansk sea port has started to operate. On behalf of the Supreme Commander-in-Chief they are ready to load grain at these ports.
    ​ ​The largest nuclear power plant in Europe, Zaporozhye, which can generate up to half of all nuclear power generation capacity of Ukraine, is operating normally.
    ​ ​33 coal mines, 2 oil fields and 14 gas fields taken over by Lugansk and Donetsk people’s republics during the special military operation continue to operate normally. The liberated territories are home to 57% of Ukraine’s steelmaking capacity.

    Teleconference: National Centre for State Defence Control chaired by General of the Army, Sergei Shoigu

    Julian Assange’s wife Stella Moris reveals how they raise children together while he is in jail waiting an extradition decision
    ​ ​When Julian is taken from his cell to the prison yard he tilts his head up so his eyes can focus on the distance. If he narrows his eyes, the double razor wire above becomes a blur. Beyond is the open sky.
    ​ ​Julian recently discovered a family of nesting magpies. He spotted their home subversively nestled between the razor wire. I think our family is like those magpies.
    ​ ​When we are together, we are always a few metres from their nest. Our children — Gabriel, who is five, and Max, three — only have memories of their father within the brutal surroundings of Belmarsh prison.
    ​ ​We don’t know how long our children have left with their father. We don’t know if we can visit him or even talk to him on the phone. If the extradition goes ahead, US authorities retain the right to put Julian in conditions so cruel that no one in his position is likely to survive.
    ​ ​It is impossible for Julian and me to escape a feeling that he is on death row. Our weekly visits may be the only time we have left together.​..
    ​..​Were it not for our children, this approaching catastrophe would be all-consuming. But Julian and I know these may be the only memories that our children will have of their father. We make our visits as joyous as possible.
    ​ ​I don’t need to explain to Gabriel and Max the reality of this place where we go to visit their father. They live it. The children walk under razor wire and past layers and layers of security to reach their daddy.​..​
    ​..​During visits, our family is allowed to embrace at the beginning and end. We can hold each others’ hands across the table.
    Julian and I are not allowed to kiss. But Julian would rather kiss his wife and be penalised than have that taken away from him too. So, we kiss.​ (Prison rebellion​ ;-}
    https://www.abc.net.au/news/2022-06-08/stella-moris-my-life-with-julian-assange-extradition/101132624

    in reply to: Debt Rattle June 8 2022 #109275
    John Day
    Participant

    ​Farmers on combines growing 5000 acres of wheat are the most productive ​American ​laborers, but they are all bankrupt, losing the farms to Bill Gates, who will have drones farm it for him. The US lost Kissinger’s food-as-weapon dominance and now needs to sanction food-exporting Russia.
    Sanctions work great when you have the global reserve currency, and can also make it disappear POOF! when it belongs to bad-guy Putin, or bad-guy Xi, or bad-guy Bin-Salman…
    Sanctions don’t work when you don’t print the global reserve currency. Venezuela can’t sanction anybody, or even ​retrieve​ their own gold​ from London​.

    ​ Keep watching Sri Lanka. Sri Lanka has had working relations with Russia since the mid 1950s, and abstained from the UN vote against the Russian invasion of Ukraine. Russian oil will now flow to bankrupt Sri Lanka. Who is footing the bill? China? This is a premier opportunity for Russia and China to rescue a starving country with a new alternative to the $US and IMF debt-slavery. China might even pay off Sri Lankan debt, and transfer it to a new Eurasian-World-Bank if such a thing comes into being soon. China has all of those US T-bills to invest better, until they go POOF! Russia used to.​
    https://www.zerohedge.com/markets/cash-strapped-sri-lanka-looks-russia-quench-thirst-oil

    ​ ​There was a coup/assassination attempt by Turkish military officers against “Sultan” Erdogan in 2016
    https://www.theguardian.com/world/2017/oct/04/turkish-court-finds-soldiers-guilty-erdogan-coup-assassination-plot .
    ​ ​All the best rumors are that the US/CIA were behind this, and that Russia informed Erdogan at the last minute, saving his living-ass and foiling the coup. It was clear to Erdogan which way the ill-wind was blowing. Turkey is a “NATO member” now. Erdogan knows which parties are “agreement capable”. He’s a shameless opportunist, but he’s NOT STUPID.
    ​ ​I presume there is Byzantine diplomacy between Erdogan and Putin. They are going to cooperatively de-mine the black sea for wheat-transport ships.
    Playing nicely…​ Turkey Calls On Ukraine To Cooperate With Russian ‘Grain Corridor’ Plan To Unblock Ports
    https://www.zerohedge.com/geopolitical/turkey-calls-ukraine-cooperate-russian-grain-corridor-plan-unblock-ports

    ​”Mostly Peaceful”: Armed Man Arrested Outside Brett Kavanaugh’s House; Planned To Kill Supreme Court Justice
    ​https://www.zerohedge.com/political/armed-man-arrested-outside-brett-kavanaughs-house-planned-kill-supreme-court-justice

    ​ ​EU politicians are rational-actors , guided by bribes and threats from the western deep-state-swamp and its owner-financiers.
    Their real job is to deliver the people willingly to the orders of Their-Masters.
    It’s getting hard to deliver people “willingly” to these schemes, ​current plans are​ not “winterized” without Russian natural gas.
    ​I’m pretty sure that’s what Kissinger has been saying. “The West” has to negotiate now or lose access to strategically-necessary Russian energy and exports.​
    He said it to the press, then he said it at Davos. Kissinger is a messenger for Rockefeller interests.

    American “Gas crisis” is “Policy” (Corn Ethanol in gas, degrades engine life, raises prices of gas and corn and reduces corn supply for food.) Tom Luongo
    ​ ​A couple of months ago there was a little announcement that the Biden administration would raise the cap on ethanol blending into gasoline stocks beyond the 10% limit in order to alleviate the ‘gas shortage.’
    ​ ​On the surface that idea made a kind of simplistic sense, along with the releases from the Strategic Petroleum Reserve, if we were no longer going to buy crude oil from the Russians.
    ​ ​But, there’s only one problem with that, namely there isn’t enough ethanol to blend into the gas. Oh, and that SPR release? It all went to Europe while prices rose here.
    ​ ​Moreover, that same fuel needed to produce nitrogen fertilizer which is needed to produce the corn is part of the same supply shortage that we’re supposedly trying to help overcome.
    https://www.zerohedge.com/political/bidens-food-and-fuel-crisis-its-policy-stupid

    in reply to: Debt Rattle June 8 2022 #109274
    John Day
    Participant

    I liked what came out, so it’s on the blog now. Pre/post tomato-canning pics from last night, too.
    https://drjohnsblog.substack.com/p/as-time-goes-by?s=w

    PRION DISEASE: Watch this space, folks. mRNA vaccines cause your cells to become spike-protein-making-Energizer-Bunnies, for at least 6 months. mRNA is typically gone after 30 minutes of work, but they needed this stuff to work longer, so they modified it to resist degradation in the cell. Who knew how long it would stay active? No time to do the full test, until Robert Malone MDs group reported in July 2021 that 6:6 people they tested for spike protein in the bloodstream, 6 months after Pfizer/Moderna jabs, still had circulating spike protein…
    It build​s​ up in “Amyloid deposits”, like giant fat islands in a London sewer.
    These may be Prion-Globs, as it now appears.
    Before the “vaccines” were released theoretical concern​s​ w​ere​ voiced that some of those sequences corresponded to prion-sequences. It could be a problem later…

    ​ ​Is this what Luc Montagnier meant when he predicted the jabbed with spike-protein-making “vaccines” would be “dead in 2 years”? Did he leave some better notes?
    I followed a patient with Creutzfeldt Jacob Disease down the tubes as a senior medical student. It took almost a month to make the diagnosis. Weirdest disease I ever saw. Brain biopsy told the story.

    TWO New Studies Show Link Between Incurable, Degenerative Brain Disease and the Experimental Covid-19 Vaccine


    https://www.researchgate.net/publication/358661859_Towards_the_emergence_of_a_new_form_of_the_neurodegenerative_Creutzfeldt-Jakob_disease_Twenty_six_cases_of_CJD_declared_a_few_days_after_a_COVID-19_vaccine_Jab

    ​ ​Will 2/3 of westerners die this way? All my kids?
    I’m just asking. ​I’ll wait patiently.

    ​ “Joe Biden” will reduce the import tariffs​ on Chinese solar panels, but is also invoking the Defense Production Act to induce US manufacturing of solar cells to resume. It costs more here, 30% more, or so. It is a strategic industrial capability. It looks like American manufacturing can’t compete without government help these days.
    https://www.zerohedge.com/markets/biden-invokes-defense-production-act-accelerate-solar-fuel-cells-latest-flailing-attempt

    ​ ​Solar cell manufacture in the US​ c​an work economically​ if labor costs are much lower. Losing reserve currency status can do that. ​Reducing effective labor cost was why socialized-medicine, socialized safety-net, social-security and things like that were devised​ in industrial nations​, according to Michael Hudson​.​ ​Taking the parasites off of the social-utilities ​facilitate​s​ export competitiveness.​ The Federal Government might not be the best manager of these utility functions, though…​

    ​ ​A not-secret, told to me by a NASA friend is that patents on the triple-layered PV cells expired. They have been licensed for “only in space”, but now they can go on your roof. They are much more efficient, and a little more expensive to make. Wouldn’t it be nice to make them in the USA?
    It’s a “strategic industry”. There is no way to avoid a command-economy as America re-industrializes.
    Financier-planned-economy fed the parasites and killed the living flesh. We’ll have to get back to that one later, right?

    in reply to: Debt Rattle June 8 2022 #109271
    John Day
    Participant

    Thanks for more good late-night entries, Commenteers, especially TAE Summary!

    PRION DISEASE: Watch this space, folks. mRNA vaccines cause your cells to become spike-protein-making-Energizer-Bunnies, for at least 6 months. mRNA is typically gone after 30 minutes of work, but they needed this stuff to work longer, so they modified it to resist degradation in the cell. Who knew how long it would stay active? No time to do the full test, until Robert Malone MDs group reported in July 2021 that 6:6 people they tested for spike protein in the bloodstream, 6 months after Pfizer/Moderna jabs, still had circulating spike protein…
    It build up in “Amyloid deposits”, like giant fat islands in a London sewer.
    These may be Prion-Globs, as it now appears. Before the “vaccines” were released some theoretical concern was voiced that some of those sequences corresponded to prion-sequences. It could be a problem later…
    Is this what Luc Montagnier meant when he predicted the jabbed with spike-protein-making “vaccines” would be “dead in 2 years”? Did he leave some better notes?
    I followed a patient with Creutzfeldt Jacob Disease down the tubes as a senior medical student. It took almost a month to make the diagnosis. Weirdest disease I ever saw. Brain biopsy told the story.
    Will 2/3 of westerners die this way? All my kids?
    I’m just asking. We will all wait patiently.

    Dr.D brings up the high cost of American Labor in solar panel manufacture. That’s why socialized-medicine, socialized safety-net, social-security and things like that were devised, according to Michael Hudson, to reduce effective costs of labor and facilitate export competitiveness. Farmers on combines growing 5000 acres of wheat are the most productive laborers, but they are all bankrupt, losing the farms to Bill Gates, who will have drones farm it for him. The US lost Kissinger’s food-as-weapon dominance and now needs to sanction food-exporting Russia.
    Sanctions work great when you have the global reserve currency, and can also make it disappear POOF! when it belongs to bad-guy Putin, or bad-guy Xi, or bad-guy Bin-Salman…
    Sanctions don’t work when you don’t print the global reserve currency. Venezuela can’t sanction anybody, or even keep their own gold.

    Solar cell manufacture in the US:
    Works if labor costs are much lower. Losing reserve currency status can do that. Socializing the life support system for society might help, but maybe the feds are not the right ones to do that.
    A not-secret, told to me by a NASA friend is that patents on the triple-layered PV cells expired. They have been licensed for “only in space”, but now they can go on your roof. They are much more efficient, and a little more expensive to make. Wouldn’t it be nice to make them in the USA?
    It’s a “strategic industry”. There is no way to avoid a command-economy as America re-industrializes.
    Financier-planned-economy fed the parasites and killed the living flesh. We’ll have to get back to that one later, right?

    in reply to: Debt Rattle June 7 2022 #109245
    John Day
    Participant

    @WES: China can bail out debtor countries, can even bail them out in full, and transfer the debt at much better terms into some new global payment system , denominated in not-$US.

    What we should watch right now is Sri Lanka. Russian tanker has been parked there over a month, but not unloading without payment. Sri Lanka abstained from the UN vote censuring Russia’s invasion of Ukraine. Suddenly, Russia and Sri Lanka have an oil deal. https://www.zerohedge.com/markets/cash-strapped-sri-lanka-looks-russia-quench-thirst-oil
    Who is paying?
    I doubt it is India…

    in reply to: Debt Rattle June 7 2022 #109232
    John Day
    Participant

    Armenio Pereira said: “Do your body change by your own volition? Or regardless?
    Oswald Spengler postulated that civilizations are akin to organisms, I take this idea a step further by saying that events are also akin to organisms.”

    Part-1: False dichotomy. Bodies change volitionally and without volition. (also counter-volitionally.)

    Part-2: What is an “organism” or a “super organism”?
    Organisms may be thought of as causal actors, and also react to stimuli, seeking and avoiding stimuli.
    One cell is an organism, but a eukaryotic cell contains subcellular “cells” like mitochondria, which were long before internalized one-celled organisms with special cooperative functions, like photosynthesis, for example.
    An insect is an organism. A whale is an organism.
    A pod of dolphins can behave in concert to perform tasks.
    Is a pod of dolphins an organism?
    A fungal mycelium stretching for miles underground is an organism.

    Human societies, and planetary life are modeled as “superorganisms”. It’s a useful model.
    Is there a “collective consciousness”? Is there a “collective unconscious”? Carl Jung made a good case for deep spirit connections between people, “Zeitgeist”, the “Spirit of the Times”.
    It’s an explanation for things we have seen and are seeing. There are other explanations.

    Events and actions arise, and there are mass-actions of conscious and unconscious organisms that we might think of or refer to as “events”.

    Please explain what you mean when you say that “events are akin to organisms”.
    I’m missing your train of thought.

    in reply to: Debt Rattle June 7 2022 #109229
    John Day
    Participant

    Pediatrician: Data Is ‘Irrefutable’ — COVID Vaccines Are Dangerous for Kids
    For the last two years, Dr. Michelle Perro has been in the trenches treating COVID-19 complications, not only from infection but also from the jab, which has been far more problematic and deadly.
    ​..​“There is a bigger agenda here, because clearly these vaccines are dangerous for kids. There’s no doubt. The data is irrefutable, and yet we’ve proceeded. So, we’re dealing with other agendas here … I think parents need to rise up and protect their children, because this is not going away. If anything, it’s ramping up.”​…
    ..Perro also believes we must begin to create parallel systems and structures, as suggested by Mattias Desmet, Ph.D. The power of this strategy was demonstrated by Vaclav Havel, a political dissident who eventually became the president of Czechoslovakia.
    ​ ​A parallel structure is any kind of business, organization, technology, movement or creative pursuit that fits within a totalitarian society while being morally outside of it.
    ​ ​Once enough parallel structures are created, a parallel culture is born that functions as a sanctuary of sanity within a totalitarian world.
    https://childrenshealthdefense.org/defender/covid-vaccines-dangerous-kids-cola/?

    ​Don’t wait for these exemplary physicians to win against the FDA…
    Doctors Sue FDA, Allege Crusade Against Ivermectin ‘Unlawfully Interfered’ With Their Ability to Treat Patients
    In a lawsuit filed June 2, Drs. Robert L. Apter, Mary Talley Bowden and Paul E. Marik argued the FDA acted outside of its authority by directing the public, including health professionals and patients, to not use ivermectin — even though the drug is fully approved by the FDA for human use.
    https://childrenshealthdefense.org/defender/doctors-fda-ivermectin-patients/?

    Increased emergency cardiovascular events among under-40 population in Israel during vaccine rollout and third COVID-19 wave
    ..While not establishing causal relationships, the findings raise concerns regarding vaccine-induced undetected severe cardiovascular side-effects and underscore the already established causal relationship between vaccines and myocarditis, a frequent cause of unexpected cardiac arrest in young individuals…
    https://www.nature.com/articles/s41598-022-10928-z

    Spartacus: Possible Applications of Advanced Biotechnology (Military applications of any new technology will get priority funding, right?)
    Modern biotechnology is a double-edged sword, capable of healing and harming in equal measure
    https://iceni.substack.com/p/possible-applications-of-advanced?s=r

    People within the criminal cabals take actions. They feel invulnerable… Time passes.
    Who are the scientists [from Fauci’s NIAID, Fort Detrick, W.H.O. and Metabiota] who warned us about money pox in 2010?
    They were setting the stage for an era of fear… Meryl Nass MD
    https://merylnass.substack.com/p/who-are-the-scientists-from-faucis?s=r

    in reply to: Debt Rattle June 7 2022 #109228
    John Day
    Participant

    “Unintended Consequences” has a picture of a lovely tomato in pre-lasagne phase and MORE Michael Hudson! https://drjohnsblog.substack.com/p/unintended-consequences?s=w

    Michael Hudson’s latest essay focuses on the urgent choices that face the food-importing nations this summer, especially those with $US debts to pay.
    I​ am greatly appreciative of Professor Hudson’s persistence in bringing this attack upon humanity by global multinational financial-capitalist interests​ to global attention.
    ​Professor Hudson’s analysis of the $US global hegemony, even without the backing of gold, was the book “Super Imperialism”. He did not intend this, but his book became the intellectual foundation for the Nixon/Kissinger/Saudi “Petrodollar” arrangement. No current economist elucidates global capital flows and trade considerations better, or more nobly than Michael Hudson.​
    ​ My personal read is that the WEF & Friends Great-Reset plans have gotten out of synch with events on the ground, but that there is no way to change those plans, now in motion. The world was supposed to become more compliant and fearful with COVID. Some did. Others became warned and vigilant. Russia was forced to fight Ukraine, either by attacking or being attacked. Financial/economic sanctions were to crush the Russian economy, removing Russian options for economic action, paralyzing Russia. They did not. Russia is not paralyzed, currently has cash and oil and gas and grain and a level of trust and respect which is growing in the world.
    The food and fuel crisis was to increase costs to “global south” countries, so that they would be unable to buy food, fuel and to also pay their $US debts. They would be forced to comply with some new regime, which would further reduce their national rights and their national abilities to feed their people and economies. They already have the minimal economic levels for these needs, as they are commodity-exporters to global financial capitalism, and should keep all costs down, so that profits accrue to global financiers.​
    ​ This card is now being played, but instead of having no-choice-but-compliance, these nations now have a global champion who has weathered the attack of western-finance and NATO, has oil, gas, wheat, and fertilizer, and has enough budget-surplus, despite supporting a war against NATO, to make good deals on oil, fertilizer, wheat, and even good-for-cheap anti-aircraft missile systems, if something like that would also be useful…​
    ​ The result is … to be determined in these next few critical months…​ If the tipping-point has been passed, neoliberal globalism will lose power quickly.
    Is US/NATO (with WEF help) pushing for a Global South famine?​ Michael Hudson
    Is the proxy war in Ukraine turning out to be only a lead-up to something larger, involving world famine and a foreign-exchange crisis for food- and oil-deficit countries? …
    ..We are seeing a financially weaponized power grab by the U.S. Dollar Area over the Global South as well as over Western Europe. Without dollar credit from the United States and its IMF subsidiary, how can countries stay afloat? How hard will the U.S. act to block them from de-dollarizing, opting out of the U.S. economic orbit? …
    ​..​Klaus Schwab’s World Economic Forum worries that the world is overpopulated – at least with the “wrong kind” of people. As Microsoft philanthropist (the customary euphemism for rentier monopolist) Bill Gates has explained: “Population growth in Africa is a challenge.”​ …
    ​ ​Is world famine and balance-of-payments crisis a deliberate US/NATO policy?​ …
    ​..Senegal’s President Sall worried that: “Anti-Russia sanctions have made this situation worse and now we do not have access to grain from Russia, primarily to wheat. And, most importantly, we do not have access to fertilizer.”
    ​ ​U.S. diplomats are forcing countries to choose whether, in George W. Bush’s words, “you are either for us or against us.” The litmus test is whether they are willing to force their populations to starve and shut down their economies for lack of food and oil by stopping trade with the world’s Eurasian core of China, Russia, India, Iran and their neighbors.​..
    ..The hope was that blocking it from selling its oil and gas, food or other exports would drive down the ruble’s exchange rate and “make Russia scream” (as the U.S. tried to do to Allende’s Chile to set the stage for is backing of the Pinochet military coup). Exclusion from the SWIFT bank-clearing system was supposed to disrupt Russia’s payment system and sales, while seizing Russia’s $300 billion om foreign-currency reserves held in the West was expected to collapse the ruble, preventing Russian consumers from buying the Western goods to which they had become accustomed. The idea (and it seems so silly in retrospect) was that Russia’s population would rise in rebellion to protest…​.​​ But the ruble soared rather than sunk, and Russia quickly replaced SWIFT with its own system linked to that of China…
    ​..​It is now looking like the major aim of the U.S. war in Ukraine all along was merely to serve as a catalyst, an excuse to impose sanctions that would disrupt the world’s food and energy trade, and to manage this crisis in a way that would afford U.S. diplomats an opportunity to confront Global South countries with the choice “Your loyalty and neoliberal dependency or your life​”​…
    ​..​Russia accounts for 40% of the world’s grain trade and 25 percent of the world fertilizer market (45 percent if Belarus is included). Any scenario would have included a calculation that if so large a volume of grain and fertilizer was withdrawn from the market, prices would soar, just as they have done for oil and gas.
    ​ ​Adding to the disruption in the balance-of-payments of countries having to import these commodities, the price is rising for buying dollars to pay their foreign bondholders and banks for debts falling due. The Federal Reserve’s tightening of interest rates has caused a rising premium for U.S. dollars…
    ​..​Most disruptions are in the 2 to 5 percent range, but today’s US/NATO sanctions are so far off the historical track that price increases will soar substantially above the historic range. Nothing like this has happened in recent times.
    ​ ​This suggests that what appeared in February to be a war between Ukrainians and Russia is really a trigger intended to restructure the world economy – and to do so in a way to lock U.S. control over the Global South…​
    ​..​The choice confronting Global South countries: to starve by paying their foreign bondholders and bankers, or to announce, as a basic principle of international law: “As sovereign countries, we put our survival above the aim of enriching foreign creditors who have made loans that have gone bad as a result of their choice to wage a new Cold War. As for the destructive neoliberal advice that the IMF and World Bank have given us, their austerity plans were destructive instead of helpful. Therefore, their loans have gone bad. As such, they have become odious.”​ …
    ​ ​(Since Kissinger/Nixon/Earl Butz) The major grain exporter was the heavily subsidized U.S. farm sector, followed by Europe’s highly subsidized Common Agricultural Policy (CAP). These were the main grain exporters before Russia entered the picture. The US/NATO demand is to roll back the clock to restore dependency on the Dollar Area and its eurozone satellites.​..
    ​The implicit Russian and Chinese counterplan
    ​ ​What is needed for the world’s non-US/NATO population to survive is a new world trade and financial system. The alternative is world famine for much of the world. More people will die of the sanctions than have died on the Ukrainian battlefield. Financial and trade sanctions are as destructive as military attack…
    ​..​First, reject the sanctions and reorient trade to Russia, China, India, Iran and their fellow members of the Shanghai Cooperation Organization (SCO).
    The problem is how to pay…
    ..Therefore, the second need is to declare a debt moratorium – in effect, a repudiation – of the debts that represent loans gone bad…
    ..A third corollary that follows from these economic imperatives is to replace the World Bank and its pro-U.S. policies of trade dependency and underdevelopment with a genuine Bank for Economic Acceleration. Along with this institution is a fourth corollary in the form of the new bank’s sibling: a replacement for the IMF free of austerity junk economics…
    ​(What protective umbrella might be extended this summer?) ​..The fifth requirement is for countries to protect themselves by joining a military alliance as an alternative to NATO, to avoid being turned into another Afghanistan, another Libya, another Iraq or Syria or Ukraine.

    Is US/NATO (with WEF help) pushing for a Global South famine?

    ​(NATO “member”) ​Turkey, Russia Agree To De-Mining Operation In Ukrainian Ports To Erect ‘Grain Corridor’
    https://www.zerohedge.com/geopolitical/turkey-russia-agree-de-mining-operation-ukrainian-ports-erect-grain-corridor

    From the recent Ukraine-War update:
    ​ ​Rally in Rome – raising the issue of Italy’s withdrawal from NATO.
    ​ ​Israel – local residents remove Ukrainian flags, returning Israeli ones to their place. (While we note this, we also have to express abhorrence against the latest killings of journalists and the grabbing of more territories by the Israelis).
    ​ ​Erdogan states that EU members and other European countries are in a state of “panic” over the influx of refugees from Ukraine.
    ​ ​Chinese Ambassador to Russia Zhang Hanhui: We must put an end once and for all to the hegemony of the United States, with its eternal desire to interfere in the affairs of sovereign states
    ​ ​Medvedev: Russia’s achievement of the goals of the special operation in Ukraine should lead to the creation of a new non US centric system of international security.

    Sitrep Operation Z: Back into The Grind while the penny drops in Europe

    in reply to: Debt Rattle June 7 2022 #109223
    John Day
    Participant

    Thanks for the further elucidation, Rototillerman.

    @My parents said know: I hope this assesment is correct, but it should have been clarified by now.
    The “15% ethanol in regular gas all summer” interpretation is pervasive.

    in reply to: Debt Rattle June 7 2022 #109214
    John Day
    Participant
    in reply to: Debt Rattle June 6 2022 #109182
    John Day
    Participant

    @AbsoluteGalore: AC is good in Texas, but my 1997 Ford Ranger gets much hotter inside than outside since AC is kaput. It was in the upper 90s today. I drove 4 hours to Yoakum and back. I changed clothes twice. I drink water.
    I like the control of a manual transmission. I know what I want the vehicle and motor to do.
    I don’t look at a smartphone. I have 2 hands and 2 eyes.

    in reply to: Debt Rattle June 6 2022 #109179
    John Day
    Participant

    @Chooch: Here’s the best Severodonetsk and Lysychansk update I have seen.

    Sitrep Operation Z: Back into The Grind while the penny drops in Europe

    in reply to: Debt Rattle June 6 2022 #109178
    John Day
    Participant

    @Figmund Sreud: “2010 Honda Fit Sport” Manual transmission? I’ll buy it!
    Just joking. I have inherited a high mileage 2007 Fit that runs nicely but is in check-engine-light purgatory despite engineer sons and my mechanic buddy working on it for almost 2 years.
    No inspection > No drive.


    @WES
    : Nice to see you back. I wondered… Glad it’s normal stuff.
    Also, the Ukrainian army has been digging in dep bunkers and fortifications for troops and artillery in Donetsk and Luhansk for 8 years. That can’t just be overrun. It is slow, like taking schools and hospitals and city blocks with sniper’s nests. It’s horrible for everybody.

    @”Deflationista”: Wherefore art Thou? Did Pfizer cut your troll job?

    @Armenio Pereira: It’s Ok. You just ruffled a few feathers. State your assertions and support your arguments clearly. Here’s a good song to put things in perspective:

    @VP Gary: I think he’s got promise and isn’t a troll.
    He don’ mean no harm… 🙂

    in reply to: Debt Rattle June 6 2022 #109171
    John Day
    Participant

    For the record, I both despise the personalities and admire the capabilities of Texas Governor Greg Abbot and Texas Attoreny General Ken Paxton. They are shape-shifting nasty vampire battle bots.
    Elon Musk is Texas favorite Wunderkind this year, and Paxton is f**king with Twitter on Elon’s behalf now.
    https://www.zerohedge.com/markets/twitter-tumbles-musk-threatens-breach-merger-deal-over-fake-account-disclosure

    in reply to: Debt Rattle June 6 2022 #109170
    John Day
    Participant

    Thanks Zerosum.
    Former foreigner in Japan.

    in reply to: Debt Rattle June 6 2022 #109169
    John Day
    Participant

    Vote of “Adequate Confidence”

    in reply to: Debt Rattle June 6 2022 #109162
    John Day
    Participant

    @Zerosum: Patricia Ormsby responded kindly to my comment. I like her portrayal of Japanese people.

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