Feb 082023
 
 February 8, 2023  Posted by at 10:00 am Finance Tagged with: , , , , , , ,  85 Responses »


Johannes Vermeer The glass of wine c 1658-1660

 

China Wants its Balloon Back (Celente)
Let’s Talk About Nuclear War (Naveira)
Musk Assesses Public Awareness Of WWIII Risk (RT)
Kiev Inching Closer To Conceding Defeat – Medvedev (RT)
Kiev Still Conducts Terror Attacks Against New Russian Regions – Shoigu (TASS)
Anglo-Zionism and the Confederation of Europe (Batiushka)
China Sees Russia’s Concerns Over NATO Expansion As Premise For Conflict (TASS)
West Uses OPCW To Justify Its Aggression – Moscow (RT)
EU ‘Sold Its Soul’ To Russia – Poland (RT)
EU’s Borrell Can’t Hide His Racist Worldview – Lavrov (RT)
Ukraine: There’s No Substitute For Victory (Steve Forbes)
US Rep. Matt Gaetz Calls For End To Funding Of Kiev’s Army (RT)
Russia Has Lost Confidence In US Dollar – Finance Minister (RT)
US Lacks Unity Before Modern Challenges – Kissinger (TASS)
Where Do Things Stand? (Jim Kunstler)
The Failure of Scientific Journals: the Failure of Science (Ugo Bardi)

 

 

 

 

Trump SOTU

 

 

2014

 

 

Tucker SOTU

 

 

 

 

 

 

 

 

They’ve “rescued” it, so let’s hear if it’s just a weather balloon.

China Wants its Balloon Back (Celente)

China’s Foreign Ministry called on the U.S. to immediately return the “airship” that was shot out of the skies last weekend by an F-22 after Washington identified it as a “spy balloon.” Mao Ning, a spokeswoman from the ministry, said during a press briefing Tuesday that the balloon does not belong to the U.S., it belongs to China, according to RT, the Russian outlet. She accused Washington of overreacting and acting in an unprofessional manner with the goal of smearing Beijing. China has insisted that the balloon was a civilian meteorological research airship. Tensions between China and the U.S. are hitting new lows. Wei Fenghe, the Chinese military head, refused a call with Lloyd Austin, the U.S. military chief, on Tuesday.

[..] American F-22 fighters successfully shot down a Chinese high-altitude surveillance balloon off the South Carolina coast last weekend that the U.S. said was being used by Beijing to “surveil strategic sites.” U.S. Secretary of Defense Lloyd Austin called the incursion an “unacceptable violation of our sovereignty.” The Defense Department said it began tracking the balloon, which was carrying a payload the size of three buses, over the Aleutian Islands on 28 January. The balloon floated over Alaska, Canada, and then re-entered U.S. airspace over Idaho, a statement read. The U.S. claimed it did not shoot down the balloon over land to prevent “undue risk” to civilians. President Joe Biden said Saturday that he ordered the Pentagon to shoot the balloon down “as soon as possible” on Wednesday. The balloon was eventually picked off by the Raptor which fired one AIM-9X Sidewinder missile that cost We the People of Slavelandia about $400,000.


The statement said, “F-15 Eagles flying from Barnes Air National Guard Base, Massachusetts, supported the F-22.” “Long before the shoot down, U.S. officials took steps to protect against the balloon’s collection of sensitive information, mitigating its intelligence value to the Chinese,” the statement read. China said the U.S. overreacted over a weather balloon. “China strongly disapproves of and protests against the U.S. attack on a civilian unmanned airship by force,” the Chinese Foreign Ministry said in a statement on Sunday morning, according to the South China Morning Post. “The U.S.’s use of force is a clear overreaction and a serious violation of international practice,” the ministry said, before noting that Beijing reserves the right to make “further responses that are necessary.”

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“..there is no compromise, a country is either sovereign or a colony..”

Let’s Talk About Nuclear War (Naveira)

The United States and Russia – the two greatest nuclear powers on the planet – have embarked on a wide-ranging “indirect war”. All that now remains is for them to engage in direct warfare, which will end up happening sooner or later. If later, it will be exactly because both powers are aware that any direct war between them will inevitably escalate into nuclear war, with a good chance of devastating them both. How we reached this point will not be examined in depth here. Very briefly, both parties regard this as a struggle for existence – Russia, in order to continue to exist as a nation (in Putin’s words, “there is no compromise, a country is either sovereign or a colony”), and the United States, to continue to exist as the nation with hegemony over the rest (the US economy has become so reliant on that hegemony that its end would entail the country’s collapse).

Accordingly, both are willing to take the conflict to its ultimate consequences in order to prevail, and thus nuclear war becomes more inevitable with every passing day. Among those responsible for a nuclear war that will be the downfall of all Humankind, there can be no “good guy”. However, when one side is fighting to subsist with autonomy, while the other is fighting in order to dominate the rest, it is not difficult to discern which is most the “bad guy”. Also, if it is still possible, after the hecatomb, to bring the culprits to some kind of justice, it will make all the difference to distinguish who “pressed the button” first (that is, who deliberately chose for millions of people to die) from whoever operated their buttons in retaliation to the incoming attack.

What developments will take place until we finally arrive at nuclear war is also not the purpose of this piece. Once again, to summarise, both are trying to “gain time”, hoping for their adversary to fall over their own feet before direct war ensues: the Russians are counting on an economic and social collapse in the West, while the US counts on a military defeat of the Russians by the Ukrainians, resulting in the fall of the Putin government. It has to be said, however, that thus far the Russians are getting the better of this “war of attrition”.

The US also seeks to draw Russia into war against some other, NATO-member country, prodding Lithuania to blockade land access to the Russian enclave of Kaliningrad, Romania to provide Moldavia with the means to reincorporate the pro-Russian separatist region of Transnistria, and Poland to occupy the westernmost portion of the Ukraine, so as to force Russia to respond militarily. Under the fifth article of the treaty that set up NATO, an attack on any member state is to be taken as an attack on them all; in that way, the United States would drag all of Europe into a war against Russia. The Russians (as well as these European cannon-fodder candidates) have thus far managed to sidestep this trap.

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“Most are oblivious to the danger.”

Musk Assesses Public Awareness Of WWIII Risk (RT)

The majority of people are not even aware that a new world war may erupt soon, billionaire entrepreneur Elon Musk has stated. The risk of a global catastrophe was highlighted this week by UN Secretary-General Antonio Guterres. The UN head said in a speech to the General Assembly on Monday that he feared that humanity was marching toward a “wider war” with its “eyes wide open” and urged preserving peace. “Could we please not do WWIII,” pleaded conservative political commentator Luke Rudkowski, reacting to the speech. Musk responded: “Most are oblivious to the danger.” The Twitter and SpaceX CEO previously warned against “relentless escalation” of the conflict in Ukraine, stating that it was dangerous for the country itself and the world.


Musk won praise for supplying SpaceX Starlink satellite internet systems to the Ukrainian government, with some experts assessing that they were a game-changer in the fight against Russia. But he also suggested that Kiev would have to make concessions to Moscow in order to achieve peace, a notion that prompted some Ukrainian officials to harshly criticize and even insult the businessman. Mikhail Podoliak, an aide to Ukrainian President Vladimir Zelensky, claimed last week that Musk was using his control of Twitter to reduce the reach of Ukrainian official accounts and help “Russian propaganda.” “Maybe a regulator is needed to explain competition rules to the owner?” Podoliak mused. The Ukrainian official offered no evidence to support his claims or explanation of how his regulatory threat could be carried out.

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“..Aleksey Danilov, who claimed that Russia is lobbying EU nations to accept a Korean-style split of his nation..”

Kiev Inching Closer To Conceding Defeat – Medvedev (RT)

Discussions of a “Korean scenario” in Ukraine are a sign that Kiev is on the way to recognizing the reality on the ground and accepting its losses, former Russian President Dmitry Medvedev has said. The idea of a Korean-style division of Ukraine has been discussed by current and former officials in Kiev, who claim that this is what Russia is pursuing. The idea that Ukraine could be divided up the way Korea was after the war in the 1950s is “for domestic consumption” and constitutes “wishful thinking,” Medvedev added, citing unnamed “propagandists” as peddling the notion. What is notable is that “they coyly tested the statement that there can be no victory” and that “being split is the best-case scenario,” the former president said. The ‘Korean scenario’ means that a smaller, US-backed Ukraine could eventually develop to the level of South Korea while maintaining its claims over lost territories, Medvedev explained.

“In essence, this is the first step towards accepting the realities on the ground,” he said. Korea was split into two parts after a three-year civil war, in which the opposing factions in the north and south were backed by the USSR and China, and the US respectively. Both Pyongyang and Seoul claim sovereignty over the entire Korean Peninsula, and each considers the other government to be unlawful. Unlike South Korea, Donbass voted in a referendum to become part of Russia rather than forming a sovereign state, Medvedev said, arguing that a ‘Korean scenario’ is not feasible for Ukraine. The former president currently serves as the deputy chairman of the Russian National Security Council.

The idea was floated to the Ukrainian public last month by Medvedev’s counterpart in Kiev, Aleksey Danilov, who claimed that Russia is lobbying EU nations to accept a Korean-style split of his nation, and stated that Kiev would reject it. The Kremlin dismissed the report as a “hoax. This week, the Korean scenario was also brought up by Aleksey Arestovich, the former aide to the office of Ukrainian President Vladimir Zelensky. Speaking at an expert panel discussion on Monday, he stated that Ukraine does not have enough manpower to beat Russia on the battlefield anytime soon, and claimed that a Korean scenario may become an acceptable off-ramp for the parties involved. Like Danilov before him, Arestovich claimed that Russia is seeking this type of outcome, while noting that the Western nations which Kiev depends upon “think the same way.”

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“..Ukraine’s armed forces have been attacking residential areas, hospitals, and public gathering areas..”

Kiev Still Conducts Terror Attacks Against New Russian Regions – Shoigu (TASS)

Authorities in Ukraine continue intimidating civilians in Russia’s new regions, with Ukrainian troops attacking residential areas and hospitals there, Russian Defense Minister Sergey Shoigu said on Tuesday. “While realizing that they won’t be able to inflict a military defeat on Russia, the Ukrainian leadership has been resorting to criminal activity in order to intimidate residents of new Russian regions,” Shoigu said, adding that Ukraine’s armed forces have been attacking residential areas, hospitals, and public gathering areas and committing terror attacks against government and social facilities. On January 28, Russia’s top brass said that the Ukrainian armed forces had launched an intentional attack at around 7:30 am, using rocket-propelled projectiles from the US-made HIMARS multiple launch rocket system, on a hospital in Novoaidar in the Lugansk People’s Republic (LPR).


Fourteen patients and medical employees were killed, while 24 more suffered wounds. The Russian Defense Ministry pointed out that civilian and military health professionals had been providing medical treatment to local civilians and service members at the Novoaidar hospital for many months. Former LPR’s ambassador to Moscow Rodion Miroshnik said last week that Ukrainian forces had shelled four LPR hospitals since the start of the year. The Office of the United Nations High Commissioner for Human Rights has said it’s going to look into the circumstances behind the Novoaidar hospital shelling.

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Orthodox priest Batiushka sees the GOP as the Anglos, and the Dems as the zionists.

Anglo-Zionism and the Confederation of Europe (Batiushka)

[..] the main bastion of Anglo-Zionism is undoubtedly the USA, which the bankers from London seriously colonised during the First World War. specifically during the 1916 turning-point, when it became apparent to the Round Table organisation there would only be one winner, neither Germany, nor Great Britain, but the USA. As soon as Russia had been taken out of the equation through US bankers via their British agents and Russian traitors in Petrograd in early 1917, the first US troops appeared in France less than one month later. All had been pre-planned. Today in the US, the Republican Party represents the Anglos and the Democratic Party the Zionists. The billionaire Trump, like Bush, is a typical White Anglo nationalist WASP: America first.

On the other hand, Biden is a typical Zionist, just like Obama and Clinton before him, though quite unlike Kennedy. An electoral accident, he of course had to be eliminated. And he was.For 250 years the Anglos and the Zionists have worked together in the US, they have had the same self-interested interests – money and power. However, there are now discussions between them regarding the Ukraine. Already half of the Anglo Republicans want out of the Ukraine (1). It is too costly and they want to save the US (and their own fortunes) from its multiple self-inflicted wounds just in case it goes under. But the Zionists are thinking along the same lines. There is only one solution. The Anglos wanted the Ukraine in order to defeat their traditional rival, Russia.

However, for the Zionists the Ukraine had another purpose, it was to destroy White Europe, the same purpose they had in fomenting the First and Second World Wars, so ensuring Zionist domination of the world – ‘Globalism’. Not all neocons are Wolfowitzes, Kagans and Nulands. Many are Anglos. Today, we are already seeing that the Republicans are increasingly beginning to support Zaluzhny, the Kiev military commander, whereas the Democrats still stand behind the Jewish Zelensky, but are now wavering. The Republicans originally wanted to weaken Russia. The Republicans are nationalists, so are the Russians. It is now just dawning on them that Russia does not want to recreate the Soviet Empire or any other sort of Empire, all they want is to protect Russians, not to invade other countries. In any case, they are not going to weaken Russia any more through the Ukraine.

All that they have done so far is to strengthen Russia. The Ukraine has not served its purpose. As for the Zionists, they are happy to kill as many White Europeans, especially Russian and Ukrainians, as possible, but above all they want world power. The interests of Anglos and Zionists coincide. For if the Russians do not want world power after all, then the real rival is China, which has real mercantile power. Therefore, the pivot to China, where there is real money. Once the US has lost in the Ukraine, and Kadyrov confidently predicts that it will be over by the end of 2023, the US will turn its attention to China. But it is already happening. That is what the balloon show was all about. China is a much more interesting option for the money-grubbers, whether Anglos or Zionists. But where does that leave benighted Europe?

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“You believe that the NATO expansion does not carry a threat for Russia, but, when [Soviet leader Nikita] Khruschev decided to deploy nuclear weapons on Cuba, what was [US President John] Kennedy’s reaction?”

China Sees Russia’s Concerns Over NATO Expansion As Premise For Conflict (TASS)

China remains neutral in regards to the conflict in Ukraine, but it understands Russia’s concerns over NATO’s eastward expansion and the plans to include Ukraine in the alliance, which have become the premise for the current conflict, Chinese Ambassador to France Lu Shaye said on the LCI TV channel Monday. “NATO has been posing a threat to Russia’s security for decades, […] the five rounds of NATO’s eastward expansion pose a significant threat for Russia’s security. This is what [Russian] President Vladimir Putin is talking about; he strongly opposes the inclusion of a number of neighboring states to NATO, including Ukraine,” Lu Shaye said, answering a question about the reasons behind the current conflict in Ukraine.

“You believe that the NATO expansion does not carry a threat for Russia, but, when [Soviet leader Nikita] Khruschev decided to deploy nuclear weapons on Cuba, what was [US President John] Kennedy’s reaction?” he continued. When the host noted that, prior to the special military operation, there allegedly were no plans to include Ukraine to the alliance and to deploy NATO missiles on its territory, the diplomat noted that this could happen in the future. “If NATO pushes its borders to Russia’s threshold, it will also deploy missiles,” he noted. The Chinese envoy opined that the actions of the West do not contribute to a prompt end of the Ukrainian conflict.

“China remains neutral in this crisis, but we believe that constant shipments of increasingly heavy weapons to one side of the conflict do not contribute to its prompt end. It is like pouring oil to the flame,” he said. Answering corresponding allegations from the host, the diplomat assured that Beijing does not ship weapons to Russia and “does nothing against peaceful settlement of the conflict.” “Several months ago, European countries refused to ship tanks to Ukraine, and now they do. Today, they refuse to ship warplanes, but, maybe, in several months, they will ship them,” he noted. “Maybe, one day, NATO member states will wonder if they are a side to the conflict.”.

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It’s insane that the OPCW still exists. On par with Bellingcat.

West Uses OPCW To Justify Its Aggression – Moscow (RT)

The latest report by the Organisation for the Prohibition of Chemical Weapons (OPCW), which blames Damascus for carrying out a chemical attack in Douma in 2018, looks like a political hit piece meant to justify the West’s continued military aggression against the Syrian government, says Alexander Shulgin, Russia’s permanent representative to the organization. Speaking to RT, Shulgin vehemently dismissed the report, which was released in late January by the so-called Investigation and Identification Team (IIT). Calling the IIT “completely illegitimate,” he claimed the group’s creation was pushed through by the US and its allies in order to undermine the core principles of the OPCW and international law and replace them with their own “made-up rules.”

The IIT’s report, according to Shulgin, is riddled with inconsistencies and factual gaps, and barely holds together. Furthermore, none of Russia’s or any other country’s “uncomfortable” questions regarding the details of the IIT’s findings were even remotely addressed during an OPCW briefing on the report, the ambassador claimed. Shulgin also noted that the report highlighted the double standards currently present within the OPCW. When Russia presented evidence of a chemical attack in Aleppo back in 2016, every minute detail of Moscow’s findings was heavily scrutinized by the organization, he said. However, when it comes to the attack in Douma, OPCW officials seem to turn a blind eye to basic questions such as how and when the evidence was gathered and presented during the investigation.

“For instance, they referred to the fact that some new sample has appeared, provided by a third party. What is this third party? Nothing is said about it. They just say ‘trust us’,” said Shulgin, noting that the sample in question had never been reported on in previous investigations. “So before, there was no sample, but now, suddenly, it has somehow appeared. Without any explanations,” the ambassador stressed, suggesting its sudden appearance can only be explained by the need for the US, France, and UK to escape international accountability for their aggression against Syria.

The three NATO states launched a series of airstrikes against civilian and military targets in Syria in April 2018 after the so-called ‘White Helmets’ – an NGO operating in rebel-controlled areas of Syria – published a series of videos supposedly showing the aftermath of a chlorine attack on the residents of Douma. Syria has vehemently denied any responsibility for the incident, and both Damascus and Moscow have repeatedly pointed to evidence, including testimonies from alleged victims, that suggests the incident was staged in order to justify a Western attack.

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“..Peskov said in December that the EU was only replacing one “addiction” with another while filling Washington’s coffers with billions of dollars…”

EU ‘Sold Its Soul’ To Russia – Poland (RT)

Europe allowed itself to grow dependent on Russian energy like a drug addict, Polish Prime Minister Mateusz Morawiecki said on Monday. Speaking at a conference in Warsaw on efforts to support Ukraine, Morawiecki suggested that the EU got hooked on Russian natural resources, with Moscow doing its best to enable the addiction. “The dealer always gives the first dose for free or very cheap so that the addict comes for more and agrees to any price,” he said. As a result, the prime minister stated, gas contracts with Russia “turned out to be a pact under which Europe sold its soul.” The continent was “so easily seduced by Russia” not through “demonic abilities,” but rather because of its own weakness, he claimed.

At the same time, Morawiecki said the Ukraine conflict had awakened many countries “from their geopolitical slumber.” As the fighting rages, the West stands at a crossroads: “either the victory of Russia and the defeat of the West, or the renaissance of Western civilization,” he asserted. “Today it is not enough for us to talk about rebuilding Europe, today we have to think about rebuilding Europe so that peace and security become permanent foundations for development for many decades,” Morawiecki stressed. Since the start of Moscow’s military operation in Ukraine in February 2022, the EU has committed to completely weaning itself off Russian energy by 2030. It intends to double down on the use of green energy and secure oil and gas supplies of non-Russian origin. In particular, the bloc has resorted to importing liquified natural gas (LNG) from the US.

However, in October, French Finance Minister Bruno Le Maire accused the US of capitalizing on the EU’s economic woes, saying that it sells its LNG “at four times the price that it sets for its own industrialists.” Commenting on the bloc’s push to reduce dependence on Russian energy, Kremlin Press Secretary Dmitry Peskov said in December that the EU was only replacing one “addiction” with another while filling Washington’s coffers with billions of dollars.

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“Not so long ago he openly spoke about Europe being a garden surrounded by a jungle that threatens it..”

EU’s Borrell Can’t Hide His Racist Worldview – Lavrov (RT)

Calling African countries easy to manipulate is on brand for Josep Borrell, Russian Foreign Minister Sergey Lavrov said on Tuesday, responding to the EU foreign policy chief’s remarks that accused Moscow of “spreading misinformation.” Borrell had addressed EU diplomats earlier in the day, accusing Russia of using “information manipulation and interference” as weapons of war. Noting that Lavrov was visiting Mali and Eritrea, Borrell called them “easy countries” for Moscow to “spread lies about who is guilty for what is happening” in Ukraine. “So speaks a man who can’t hide the racist essence of his worldview,” Lavrov said when asked about his EU counterpart’s accusations. “Not so long ago he openly spoke about Europe being a garden surrounded by a jungle that threatens it, so the garden needs to be careful with the jungle. That says it all about who actually relates to the needs and interests of African countries, and how.”

“We have nothing to hide or to be ashamed of,” the Russian foreign minister added. “We were at the source of Africa’s liberation from the colonial yoke. The Soviet Union was one of the main initiators of the declaration to grant independence to colonized countries and peoples in 1960. And it was not an imitation, as [former UK PM] Boris Johnson recently called the Minsk agreements, but a real historical act that sealed the end of colonial rule.” Speaking to EU diplomats, Borrell lamented that some African countries do not support the bloc’s position that Ukraine is fighting “for the values on which we are basing our understanding of the world.”

In his view, the current conflict is not only being fought on the battlefield with troops, but “in the information space, trying to win the hearts and minds of people.” For that purpose, the EU is “protecting the freedom of expression” by banning Russian media, while providing support to “independent” outlets that Moscow has designated as foreign agents, he added. While accusing Russia of spreading disinformation, Borrell apparently did so himself – by saying Eritrea was among the “easy” countries Lavrov was currently targeting. The Russian diplomat actually visited that country last month, along with Angola, Eswatini and South Africa. His current trip includes stops in Mali, Mauritania and Sudan.

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Well, well, Mr Forbes.

Ukraine: There’s No Substitute For Victory (Steve Forbes)

The disgraceful dithering—especially by Germany—over sending tanks to Ukraine highlights the hesitation and confusion over what’s at stake in this war with Russia. Since the conflict’s beginning, the U.S. and NATO have provided Ukraine with weaponry, but never in sufficient quantity and quality to win. This hesitation has only stiffened Vladimir Putin’s conviction that despite humiliating battlefield setbacks, he can ultimately triumph, and that as time goes by, the West will tire of the effort and pressure Kyiv into a bad deal.


In Putin’s mind, the best way to achieve the subjugation of Ukraine is to use the same approach that Russia used against Nazi Germany in World War II, when the Red Army relied heavily on massive artillery barrages, tank attacks and unrelenting human wave attacks to beat back the Nazi onslaught—which is why Russian casualties were more than ten times those of the U.S. and Britain combined. Putin is playing for keeps. Russia and our other adversaries still see the U.S. as a country in terminal decline and lacking the stamina it exhibited during the Cold War. Therefore, we should be supplying Ukraine with everything it needs to unmistakably defeat Putin. That means not only many more tanks—especially Germany’s Leopard 2s, which are better suited to the terrain than our Abrams tanks—but also fighter aircraft, including F-16s, antitank and advanced antiaircraft weaponry, drones and much else.

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“..foreigners” have come to Washington “to lecture us about spending our constituents’ money on a conflict thousands of miles away..”

US Rep. Matt Gaetz Calls For End To Funding Of Kiev’s Army (RT)

The US must stop sending billions of dollars to bolster Ukraine’s military, Republican Congressman Matt Gaetz said during a speech in the House of Representatives on Monday. He slammed President Joe Biden and both parties, saying the conflict in Ukraine is only benefiting military contractors. “Tomorrow [at the State of the Union address] President Biden will tell us how much more we must do for Ukraine,” Gaetz said, adding that the ongoing hostilities are only lining the pockets of America’s military industry. “Defense contractors need there to be a war going on somewhere. Whether the arms end up in the hands of ISIS, the Taliban, the Azov Battalion, or on the black market,” according to Gaetz. Washington’s support of Ukraine with endless weapons will not end the war but just “prolong the killing,” he said.


“Bandits in the Sinaloa mountains hurt more Americans than the [Russian] men in Crimea,” Gaetz said, adding that the benefits of the conflict to normal Americans are “unclear.” He lamented that “foreigners” have come to Washington “to lecture us about spending our constituents’ money on a conflict thousands of miles away” – a reference to Ukrainian President Vladimir Zelensky’s visit to the US Capitol in December. He accused Biden of doing “everything possible” to provoke a nuclear war with Russia and called on the White House to pursue a solution through diplomacy. Biden promised 31 US-made M1 Abrams tanks for Ukraine in late January, but said that Washington would not send F-16 fighter jets. Gaetz noted that Lockheed Martin, the manufacturer of the warplane, was ramping up production in anticipation that there could soon be “third party transfers” of the jets to Kiev.

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“..the US dollar, euro, and British pound – the main reserve currencies – had once been considered the top units of account. “The situation has shown that now this [dollar] is a completely unreliable instrument..”

Russia Has Lost Confidence In US Dollar – Finance Minister (RT)

Russia no longer has trust in the US currency because it has become an unreliable financial instrument, Finance Minister Anton Siluanov stated on Monday. He pointed out that the US dollar, euro, and British pound – the main reserve currencies – had once been considered the top units of account. “The situation has shown that now this [dollar] is a completely unreliable instrument … Therefore, we have no confidence in this kind of unit of account. It is lost,” Siluanov told Russia’s Channel One channel. He also pointed out that Russia has been switching to trade in other currencies, particularly “in rubles and, of course, currencies from other friendly countries, such as the yuan.”


Moscow has been steadily pursuing a policy of de-dollarization in foreign trade. In recent years, Russia and some of its trade partners, including India and China, have been ramping up the use of domestic currencies in mutual settlements in an effort to move away from the dollar and euro. Siluanov highlighted that in 2021 a significant part of financial transactions in Russia were carried out in dollars and euros. “About one third of settlements were then carried out in rubles, while now more than half, about 55%, are conducted in rubles and friendly currencies,” he said, adding that this figure will continue to grow. According to the minister, the economic wellbeing of citizens is more important than exchange rates. “We are most concerned about how the economy will develop, how the income of the population will grow, what kind of employment we will have,” he concluded.

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“..Reagan “understood better than anyone how to integrate the elements of power and the elements of conciliation.”

US Lacks Unity Before Modern Challenges – Kissinger (TASS)

The US lacks unity inside the country amid modern challenges, Former US Secretary of State Henry Kissinger said during the event, dedicated to the 112th anniversary of former US President Ronald Reagan. “Today we again suffer from domestic division and international disorder about arguments about who we are and what we stand for. We find it difficult to muster the domestic cohesion necessary to face the challenges ahead of us,” Kissinger said. He named “China’s ambitions” and the situation in the Middle East, where, in his words, there is a risk of “developing the world’s most devastating weapons.” He also mentioned the Ukrainian crisis that “shows no signs of abating,” and touched upon the issue of development of artificial intelligence that “is transforming human consciousness itself.””Each of these present developments requires a combination of strength and conciliation,” Kissinger said, adding that Reagan “understood better than anyone how to integrate the elements of power and the elements of conciliation.”.

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“.. Russia’s war-aim is simple: the elimination of chaos on its border. This rational objective is something that America’s Party of Chaos can’t understand..”

Where Do Things Stand? (Jim Kunstler)

The Right perceives that its opponents have lost their minds, but there is no arguing with people who are literally insane. What must be done is to wrest political power away from them. In the madness of the Left, power is solely a destructive force, and coercion is a form of pleasure-seeking. Unable to control the dynamics in-play, they seek to wreck the dynamics, to induce as much chaos as possible, so as to punish the non-insane. That is exactly what the Green New Deal does. Unable to control the dynamic disruptive changes in the global oil-and-gas industry that our high-tech economies depend on, the Left pretends that there is work-around “Green” energy system that can replace fossil fuels with wind and solar devices that don’t scale up and which require fossil fuels to make and deploy.

It’s slick and grandiosely hypothetical (i.e., wishful thinking), and the net effect of this major crusade will be to hasten the collapse and impoverishment of our society (ergo: the punishment). Keep all this in mind as you watch the Congressional inquiries now just getting underway. Much as they are likely to reveal the insane and arguably criminal machinations of a panicked bureaucracy, and the figures who run it, the Left will remain impervious to any truthful revelations that emerge. Of course, many of these officials are culpable for actions extremely damaging to the people of this land, and the masses on the Left who supported those actions — such as mandatory vaccinations — will be among the most damaged. These True Believers will find it hard to admit that they did it to themselves. So, the hearings upcoming, such as the House Subcommittee on the Weaponization of Government, will probably not change the minds of your friends and relatives stuck in the mass formation of Jacobin-Wokery.

But the hearings will be a step in wresting power away from these maniacs. Part of that step must be to demonstrate the dishonesty of recent elections, so as to remove the implanted mechanisms that enabled that dishonesty: mail-in, no-ID ballots, “motor-voter” laws, electronic vote-counting machines. If that can be fixed, the left can be voted out of power. The hearings will take place against the back-drop of our deteriorating charade over in Ukraine. The Zelensky regime that we employed to foment this conflict with Russia is losing its mojo for creating chaos in that corner of the world. The newly-announced tank caper will amount to nothing. Russia’s war-aim is simple: the elimination of chaos on its border. This rational objective is something that America’s Party of Chaos can’t understand. How will it react when chaos gets cancelled in Ukraine? Probably by attempting to foment chaos in another corner of the world, or on the home front — another reason that power must be wrested away from it.

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Covid coverage has hurt scientific journals like nothing ever has.

The Failure of Scientific Journals: the Failure of Science (Ugo Bardi)

“Biophysical Economics and Sustainability” is a scientific journal that I helped create back in 2016. I still think it was a good idea, but it didn’t work and it couldn’t have worked. So, I resigned from my position as editor of the journal this December. But let me tell the story from the beginning. The journal was the brainchild of Charles W. Hall and David Packer. About Charlie Hall, you may have heard of him, he was the developer of the fundamental concept of EROI (energy return on energy invested). Dave Packer was a senior editor at Springer (now retired). The idea was to create a high-quality journal that could offer a publishing outlet in the field called “biophysical economics,” or also “econophysics.” You may have heard about this field: it is an approach to economics based on the same models used in biology.

The idea was to examine the basic elements of what an economic system is: an entity that transforms resources into products, and then into waste. The main difference with traditional economics is that biophysical economics is focused on physical things that can be measured: energy, mass, materials, and the like. In contrast, economics is heavily focused on money and prices and, often, it loses contact with the physical world. For instance, it is often said in the field of the economics of natural resources that “prices create resources.” The idea is that when a non-renewable resource becomes scarce, prices become higher, making it possible to extract resources that were not profitable before. It is a magic trick supposed to create something out of nothing. No need to say that it doesn’t work in the real world. And it doesn’t work in the biophysical approach, either.

The concept of EROI (Energy Return for Energy Invested) is fundamental to understanding this point. It tells you what’s possible to do with energy technologies, and what’s not possible. But it just does not exist in traditional economics: it is ignored and, as a consequence, plenty of resources are wasted in non-viable energy technologies, biofuels for instance. You may think that it is time to replace the obsolete approach of traditional economics with the more rigorous one of biophysical economics. But it is just not happening. If you look at the number of publications in scientific journals on databases such as “Scopus”, you see that growth has stalled during the past 10 years or so, and now it is going down, as you can see below for a search of the term “Biophysical Economics.” Not only growth stopped about 10 years ago, but the number of published studies remains a minor fraction of the publications in economics.

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Located in the province of Catania, in the Italian island of Sicily, is the town of Grammichele

 

 

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