Lots going on, and it will probably take some time to sort out. In the meantime, things to watch—to start the day:
This Cotton character is as goofy as he looks, along with Lindsey! the twit:
Right. What could possibly go wrong with that?
How deep? All the way to China? What will the deep digging turn up? Guess what—Russia had a word to say about that idea of Lindsey!’s to shoot down Russian planes, and that word was not minced:
Reality—even UK propaganda sheets are starting to leak truth:
Why is this man laughing? Hey, you would be, too!
Can you hear it? It sounds like the world’s smallest violin …
Things are getting tense in Europe. I recall Tom Luongo saying something about that …
“There are times when only a reference to The Godfather will do.”
We were reminded of this brilliant sequence as federal regulators moved swiftly to crush several banks tied to the crypto industry in the past week, one after another. While we had a hunch as to how things would go when we published Pandora’s Precedent last Wednesday, even we were surprised by the speed of events and the size of the body count. Within days, Silvergate and Signature Bank – the two banks that most aggressively facilitated payments into and out of the crypto universe – were defunct. Silicon Valley Bank, which catered to the venture capital firms who regularly fleeced retail investors through various crypto proxies during the height of the mania, was also in the hands of the Feds, having been seized during business hours on Friday. The subsequent demise of Signature was especially stunning, as was the matter-of-fact way in which the news was announced on Sunday evening:
Breaking: Some EU banks may be vulnerable! ECB, master of the bleeding obvious:
And ECB just raised its rates 50 bps:
Things are going to get messy. Is the Neocon strategy: Nuke it all and start over? The world as they thought they knew is coming to an end. How ‘bout US politicians ‘pivot’—to America.
https://sonar21.com/can-we-stop-playing-make-believe-where-are-the-adults-when-it-comes-to-ukraine/
Excerpt:
I am confident this action was planned by Russia in advance. They chose the time and place to bring the drone down because they had their naval recovery vessels already in place to pick up the wreckage. If Russia recovers the intelligence sensors on that bird it will be able to analyze and develop counter measures to hinder future collection.
I think the United States and NATO are going to rethink their use of drones in the Black Sea area of operations. Russia laid down a clear marker that it is not going to allow untrammeled intelligence collection that can be used for planning and operations against Russian forces.
This is not a video game. Russia, from its perspective, is defending its homeland. As I mentioned in my previous piece, how would we react if Russian drones were flying along the Mexican/U.S. border collecting intelligence on the deployment of U.S. border forces and passing that information to the Mexican drug cartels, who in turn would use that information to flood the weak points of our border with illegal migrants? Americans would be rightly outraged. So why do we think we can do what we are doing and expect the Russians to roll over like a beaten dog and do nothing?
Will Schryver
@imetatronink
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Interestingly, today witnessed conversations between, first, Russian defense minister Shoigu and US defense secretary Austin, and then Russian military chief Gerasimov and American military chief Milley.
I bet those chats didn't go as the American side hoped they might.