Global War: Multi-Front Roundup

Have I mentioned recently that everything that’s going on currently is pretty much connected? Banks in the US, banks in Europe, Ukraine, China, Iran, Saudi Arabia, the dollar, BRICS, the war on human nature to impose Queerness on the kids … these are all facets of the Globalist war to take over the world before the rest of the world catches on. Putin caught on a long time ago. Xi seems to have caught on now, and so have the Saudis and others. Americans? Not so much.

Look, I get it that people are worried about their community banks and credit unions and don’t trust the Fed and the NY Guys. Of course nobody should trust them, but you’ll stop worrying about that stuff if the ruling elite forces you to survive on bugs. And if you think that if Davos/Zhou admin defeats Powell they’ll leave your credit union untouched, please guess again. There’s a lot going on, and it involves international finance, which ultimately controls the local scene.

Let’s start with this video interview of Jim Rickards, just to show that I listen to more than just Tom Luongo’s Theory of Everything. Also because Rickards is obviously thinking about a lot more than most financial commentators. Rickards’ interview is titled This Is The Biggest Bailout In History, so that should provide a pretty strong clue about where he’s coming from. Here’s how he bills it:

In this new interview, @JuliaLaRoche and I don't pull any punches. We look at SVB through a lens of incompetence, climate scams, crypto connections, Democratic Party donations, insider trading and more. We cover what went wrong and a lot else besides.

I’ll cue the video up at about 52:10 “The Road To Ruin,” out of a total length of 1:12:20. If you follow the link to Youtube you’ll find an extremely detailed TOC that will allow you to jump around to different topics. The segments from 52:10 to the end cover topics like these:

47:30 Credit Suisse

52:10 A road to ruin

54:35 Each bailout was bigger than the one before

55:30 A front based on confidence

58:30 Deteriorating trust in institutions

1:07:27 Gold

Notice that I included the segment re Credit Suisse (CS), even though I cue it up after that segment. Two reasons: First, Rickards is still talking about CS as we start—he thinks it can’t survive the shark attacks—and, Two, Luongo thinks the Fed will try to support CS—and tells you why (below).

However, Rickards begins at our cue by discussing the lack of trust of the American people for their leaders—and he maintains that our leadership is incredibly weak (he’s absolutely scathing on Yellen). He cites SVB, Covid, Ukraine, and more. This is important because confidence in “the system” is necessary for social cohesion. Listen to this part first, and if it grabs you, go back to the beginning to hear what he has to say about “incompetence, climate scams, crypto connections, Democratic Party donations, insider trading and more.” All this will set you up for the Luongo thread that I’ll get to next:

OK, now we’re ready for Luongo. He’s going to be talking about CS and the Swiss National Bank (SNB), and why you should be thinking about them and not just about your credit union. While you’re reading keep this question in mind: Will precipitating a stock market crash help or hurt Powell in his war to take control of the US dollar and get our money out from under the thumb of Davos and the Eurodollar cabal? Spoiler alert: The answer is, It will hurt Powell and enable the globalist takeover. If that happens, start combing the internet for bug recipes. Also, a stock market crash will not help the little people either. This is chess that Powell is playing, not checkers.

Quick thread on the strategic importance of Credit Suisse and why the Fed's support of it is so important.

Famously, the SNB holds a big equity portfolio, at last count ~$139B. These are mostly US large caps. /1

Last Summer I took heat from the skeptical on Fintwit for my 'thesis' of a war between Davos and the Fed because the Fed sent billions in a lifeline to the SNB who helped out $CS. /2

This happened at the same time as Blackrock's assault on the Bank of England, bringing down PM Liz Truss, installing Davos boy Rishi Sunak.

At the time I noted the two banking jurisdictions in Europe not under ECB control were assaulted simultaneously. No coincidences /3

$CS has been under constant attack since then, with the latest push occurring while the Fed clearly decapitated $SIVB and Signature Bank. Move/Countermove. /4

$CS is a key driver of SNB monetary policy. It's their $JPM. Without $CS a run on the SNB is very possible. For the Fed, who just set off a wave of instability across the eurodollar system, the SNB is a key partner, as they provide key liquidity to US equities such as $AAPL /5

It's not a stretch to then conclude that the Fed will support CS through the SNB to support US equity markets.

If you are the Fed you want to allow global capital to flow into US stocks as safe havens

/6

If you are Davos, you want to cut off all avenues of escape from the incipient capital flight Powell set off with the BTFP and not bailing out $SIVB, the SNB and $CS play a big role in this.

For Davos, volatility is their main weapon, and you increase vol by drying up volume. /7

If you want to hurt the Fed after the Fed clearly hurt you a continued assault on CS is a logical move.

Now, think back to what Rickards said about CS. Rickards expects a continuing assault on CS. Luongo is saying that there’s more to this than just the market “working”, that it involves attempts to defeat Powell’s Fed war against the Davos takeover of the world. Rickards calls that a socialist takeover that would be a disaster for all.

Who do you think ordered this at this moment in time? Paging @wef

@DiMartinoBooth

This is how DEFLATION manifests

“At least four major banks, including Societe Generale SA & Deutsche Bank AG have put restrictions on their trades involving Credit Suisse Group AG or its securities, according to five sources w/direct knowledge of matter”

So, strategically, the Fed will pay certain prices to achieve larger goals. This is what so many in Fintwit fail to grasp, wanting to just ab react and scream "BACKDOOR QE!" "IT'S ALL A CLUB!" blah blah blah.

Think about relationships. Map incentives. /8

Conclusion: The Fed and NY will continue to try and support CS as the chess game continues.

Whether that's good or bad for anyone outside of the Marriner-Eccles building or Wall St. is anyone's guess. But that's the lay of the land. /end

But there’s more. More destabilization, more threats to Davos’ plan to dominate the world by seizing control of Russia’s resources. The backfiring of the sanctions “shock and awe” has undermined the Eurodollar bloc, and the disastrous war on Russia policy of the Neocons is undermining dollar dominance as well:

Iran-Saudi Rapprochement Will Deal A Deathblow To The Dollar

Authored by Andrew Korybko via The Automatic Earth blog,

Eurasia’s geo-economic integration took a great leap forward as a result of the Iranian–Saudi rapprochement, which unlocks the Gulf Cooperation Council’s (GCC) trade potential with Russia and China. Its wealthy members can now tap into two series of Iranian-transiting megaprojects in one fell swoop through this deal, with the North-South Transport Corridor (NSTC) connecting them to Russia while the China-Central Asia-West Asia Economic Corridor (CCAWAEC) will do the same vis-à-vis China.

Developments like this may be behind the recent escalations we’ve seen—certainly in sabre rattling, but also in concrete moves. Over the last week I’ve been discussing the use of six Kinzhal hypersonic missiles by the Russians, and cited Simplicius in support of the theory/reports that they were used to take out a NATO command and control center in Ukraine. Simplicius pointed out that the simulated nuclear attack by a B-52 on St. Petersburg followed the Kinzhal strikes by just a few days. Warning? That was followed by the highly provocative US Reaper drone flight which approached the major Russian naval base at Sevastopol with its transponder off (“usual” US drone flights do not approach the mainland, but stand off further over the Black Sea).

We know that the Russian response was to take down the drone, perhaps with a view to examining its Gorgon Stare electronic suite. That response was followed up with an announcement that Russia would be conducting submarine missile launches (nuclear capable missiles) off the US west coast.

My question is, given that these events are destabilizing for world confidence that there will continue to be a habitable world with a functioning economy, what do these moves and countermoves mean? I can see the Russian Kinzhal attacks and the drone takedown being signals that Russia’s gloves are coming off. I can also see the sub missile launches as a response to the B-52 flight, a signal that Russia will not be deterred from a significant intensification of its Special Military Operation that will target NATO assets that are being deployed against Russia. But are some of the US moves targeted at Powell, to back him off his rate hikes—leading up to a demand to “pivot” because we’re at war? Those rate hikes are making it very difficult for the US to continue bankrolling the Davos inspired drive for world dominance, and the GOP House is siding against the war. McCarthy won’t travel to Kiev. Powell’s and McCarthy’s actions are very favorable to Russia. Is the announcement of a downsizing plan for the US Navy tied into these financial constraints?

Lots going on. But, again: The war and our domestic crises are connected, and the paths lead overseas. The same people behind the war are the ones who were behind FTX, SVB, and Signature. They’re also the same people who support regime change in Russia as a goal, and the hypocritical ICC warrant for Putin’s arrest. Note the RF foreign ministry spokeswoman Maria Zakharova was quick to tie much of that together—the military and culture war aspects in “NATO-centric countries”:

The experiments of the “enlightened West” on sex change in children, the persecution of doctors who believe that there are only two sexes, the perverted interpretation of juvenile law, the destruction of the institution of the family, the replacement of “mom” and “dad” with degenerate terms “parent A” and “parent B”, the propaganda of perversions among minors – all these are not annoying accidents, but a large-scale policy in NATO-centric countries. And those states that, like Hungary, are trying to resist within the Alliance, are being subjected to real persecution.

Sanctions and harassment against Leonid Roshal (Noted pediatritian, Chairman of International Charity Fund to Help Children in Disasters and Wars) and Maria Lvova-Belova (Presidential Commissioner for Children’s Rights in Russia) are signs of the dehumanization of liberal dictatorships.

https://t.me/azmilitary11/41184

Zakharova’s comments will resonate with parents in the Western world who still believe in science, particularly biology, and are fighting against the deviant agenda trying to erase the reality of the differences between men and women. Russia understands that this war is not just about eliminating Nazis in Ukraine and saving the people of the Donbas. There is a global cultural war underway and the very foundation of Western culture’s philosophical and religious roots is at risk.

Again, broken record: The same people behind the cultural war are behind the political and financial wars on our institutions. The Fed may, in the big picture, be a harmful insitution, but for now it remains a weapon against the those seeking to erase what’s left of Western civilization.

Speaking of the deviant agenda, Andrea Widburg (with an implicit h/t to Naomi Wolf) had a disturbing account of pedo revelations in Europe, implicating high placed corruption of law enforcement. Her conclusion, which applies to us as well:

something bad is happening in the west: … the pornographic sexuality being pushed into schools via the medium of so-called “transgenderism,” …, the possibility of a vast child trafficking ring in Belgium and, now, [French] pedophile allegations all suggest that the child sacrifice part of pre-Biblical pagan religions may be making a comeback. This is what happens in a defiantly post-Christian world.

But back to “banking”—except that none of this is really about banking. It’s about creating a crisis to take down all banks and fold them into one with a CBDC. Powell’s opposed to CBDC. One guess who favors it: the same people who want you to think that they’re protecting the little guy. If you haven’t read Paul Sperry’s article, linked in the tweet, do it:

Jim Rickards @JamesGRickards

Federal Reserve Bank of San Francisco was lead regulator of Silicon Vally Bank. Fed Chief is Mary Daly. She's a woke activist focusing on George Floyd, Climate Change, and BLM. The CEO of SVB was on the Fed board of directors. The blind leading the blind.

nypost.comWhy woke ’Frisco Fed chief missed Silicon Valley Bank’s warning signsWokeness has replaced competence and merit across the banking sector, and San Francisco Fed Chief Mary Daly is the poster child of this pernicious trend.

Daly [who was mentored by Yellen] was supposed to be supervising Silicon Valley Bank but apparently was too busy playing politics and pushing woke agendas to regulate rogue banks like SVB, the second-biggest bank failure on record.

Daly had other priorities, including climate change, George Floyd and Black Lives Matter, inequities between blacks and whites, LGBTQ+ rights and a host of other woke social-justice issues that had nothing to do with banking and finance.

Daly’s Fed bio gushes she’s committed to “understanding the economic and financial risks of climate change and inequities.” Never mind the more existential threat of banks in her jurisdiction amassing mortgage bonds with longer maturities that exposed investors to greater interest-rate risk.

Here’s Daly speaking in August, 2021:

Then in August, she said inflation didn’t affect her personally, so what’s the big deal? “I don’t feel the pain of inflation anymore,” Daly told Reuters.

“I’m not immune to gas prices rising, food prices rising,” she added. “But I don’t find myself in a space where I have to make trade-offs, because I have enough, and many, many Americans have enough.”

Easy for her to say: She pulls down more than $422,000 a year.

Does that sound like a normal banker to you? Well, she’s not. The regional Fed banks have also been captured in the Left’s Long March through the institutions. That’s why they’re incompetent—it’s part of a plan.