Wow--Must View Interview With Luongo
It’s impossible to do justice to the full hour long interview of Tom Luongo, embedded below. Luongo covers a huge amount of ground, starting with Russia - Ukraine, and he does so in exceptionally articulate fashion. But he then goes on to the topics that are impacting us in our daily lives in ways that we experience first hand. To give you a feel, here’s a video clip that comes in about the middle of the interview. This outtake features Luongo talking about his idea that the Fed is seeking to retake control over the dollar:
Now, here I’ve cued toward the end of the interview, where Luongo summarizes his views on the Big Picture of the war in Ukraine. Essentially, he’s saying: The West wanted this war, and Putin chose the time. The West wanted this war because it needs a cover story to hide its insolvency. The big question then becomes: Will the people who created this war and wanted this war escalate when they see they’re losing?
Now here’s the full interview. The intro in Spanish lasts for just over two minutes:
"The West wanted this war because it needs a cover story to hide its insolvency." For certain. If we can add to this that the West also needed to segue out of its covid policy disaster, we have a pretty good jump on understanding two of the main parts of what's been going on the last many months.
Fantastic interview! It is amazing that one can learn so much more from each succeeding Luongo interview. The man is a font of knowledge. From this interview, I learned about (among many things) the importance of Russian control of the Black Sea and the Danube river delta economically; the importance of the U.S. Fed trying to wrest control of the U.S. Dollar from Europe (for example, SOFR vs. LIBOR and the position of the U.S. commercial banks vis a vis the Fed, the Biden admin, and Davos; the Russians' view of digital currency; the relative importance of Oligarchs vs. national culture and history; the failure of and apparent position of Davos; and on and on. Thanks very much Mark for posting this.