I spent hours, earlier today, reading about gold and economics and—I won’t lie—mostly all that did was give me a headache. Then this evening reader Mark sent me an interview with French economist Charles Gave. It was so straightforward, so lucid, that I decided to copy out all the English subtitles. I ended up making a few corrections, but basically that’s it, down below. The bottom line is simply that Russia is in the driver’s seat, they’re behind the wheel. Our masters in the ruling class are being exposed as buffoons. One can only imagine that Putin is having a helluva good laugh at the antics that Gave describes. I only wish I could join in, but the joke’s on us. Reality will have its revenge.
Well, we might not end up being in as bad a shape as Europe but when you consider the impact of the price of oil and gas, our dependence on fertilizer, and the dollar no longer being the reserve currency our economy will be in bad enough shape.
Plus, when the Middle East explodes due to a lack of food, our friends on Capitol Hill will be more than happy to involve us in the uprisings and wars despite the fact we have no money to pay for it. Heck, they can't wait to start WWIII now! No, "white knights" will not be coming to save us in the mid-terms:
This interview of Luke Gromen on Palisades Gold Radio opened my eyes to some of the implications highlighted in Mark’s transcript. The discussion is more wide ranging and detailed, but I found it pretty easy to follow. Title: U.S. Can’t Sanction Russian Energy Without Risking SystemIc Collapse. Bottom line: Russia (and China) are in the drivers seat.
I am on a trip with my family, and my dear wife turned on the TV in the hotel room. We don’t watch at home.
First she did cnn. It was painful to listen too, but after a few sarcastic comments from me, she changed the channel.
She then switched to Fox.
Seems like both channels are going overboard on covering those “brave” Ukrainian fighters against those “dastardly” Ruskies. And a bit on the poor refugees.
The amount of propaganda, and lack of meaningful information, was amazing. The post here is such a contrast.
Well, we might not end up being in as bad a shape as Europe but when you consider the impact of the price of oil and gas, our dependence on fertilizer, and the dollar no longer being the reserve currency our economy will be in bad enough shape.
Plus, when the Middle East explodes due to a lack of food, our friends on Capitol Hill will be more than happy to involve us in the uprisings and wars despite the fact we have no money to pay for it. Heck, they can't wait to start WWIII now! No, "white knights" will not be coming to save us in the mid-terms:
https://www.thegatewaypundit.com/2022/03/lust-war-42-gop-senators-including-mitch-mcconnell-call-joe-biden-send-migs-ukraine-bomb-russians/
This interview of Luke Gromen on Palisades Gold Radio opened my eyes to some of the implications highlighted in Mark’s transcript. The discussion is more wide ranging and detailed, but I found it pretty easy to follow. Title: U.S. Can’t Sanction Russian Energy Without Risking SystemIc Collapse. Bottom line: Russia (and China) are in the drivers seat.
https://youtu.be/7Wo0g-Se2ls
I am on a trip with my family, and my dear wife turned on the TV in the hotel room. We don’t watch at home.
First she did cnn. It was painful to listen too, but after a few sarcastic comments from me, she changed the channel.
She then switched to Fox.
Seems like both channels are going overboard on covering those “brave” Ukrainian fighters against those “dastardly” Ruskies. And a bit on the poor refugees.
The amount of propaganda, and lack of meaningful information, was amazing. The post here is such a contrast.
Insightful - G7 by seizing Russian reserve funds just destroyed the current monetary system they controlled:
https://www.msn.com/en-in/money/topstories/us-commodity-crisis-to-give-rise-to-new-world-order-says-credit-suisse-e2-80-99s-zoltan-pozsar-key-takeaways/ar-AAUPvSM?ocid=uxbndlbing
So true:
“ They're incompetent!”