When you read stuff likethat and really absorb it, it makes you wonder how we get past this without some sort of violent revolution. Maybe not here but, certainly other places around the world. Scary stuff.
When you read stuff likethat and really absorb it, it makes you wonder how we get past this without some sort of violent revolution. Maybe not here but, certainly other places around the world. Scary stuff.
It really IS incredible that, since your piece yesterday flagged it to me (embarrassed to say I do try to follow the region closely), the only substantive attention to the Kaliningrad situation that I was able to find was TASS (their "truth"), Radio Free Europe (our "truth"), Al Jazeera (somehow gets exclusive interviews with every sketchy, pariah type), Tagesspiegel (my German is for ****) and a bunch of yapping Lithuanian sources scrapping to ankle-bite. Unbelievable how dangerous this ignorance is.
Slightly off/topic, but ... Roughly a dozen years ago I had the pleasure of listening to a speech by a former governor of the FRB. He explained that the Fed's analyses indicated that the financial institutions that were capable of causing systemic financial instability were those that were (1) large, (2) interconnected, and (3) highly leveraged. When I asked him how should we then view the Fed, since it was (1) the largest US financial institution, (2) the most interconnected, and (3) highly leveraged at about 50 to 1 at that time, his response in essence was that there were responsible adults in charge of the Fed, but it made sense to worry about the Central Banks of certain other countries, especially where they were politically influenced or directed.
Events since then would seem to indicate that there were no responsible adults in charge at the Fed.
As to the WEF's wet dream of top down central planning, how did that work out for the Soviets? Also, I'm skeptical of Martin Armstrong's magic 8 ball forecasting, but he keeps predicting a major war in 2023. Perhaps he has all the right tea leaves aligned? (I do enjoy a lot of his insights though.)
1. China will continue its zero Covid policy through November. Xi will get an unprecedented third term. First Chinese leader since Mao. This means more supply problems till November.
2. Oil prices will stay high. Biden will go to KSA, Saudi will smile, and not increase production.
3. Ukraine War will continue, causing huge inflation in Europe. Russia will continue to gain land and take Odessa eventually. Biden Administration energy policy will remain in control of environmental extremism. Blackouts and Brownouts will happen across the US in the Summer, due to green policies.
4. Euro will fracture. Higher inflation and rates will break the Euro.
5. Bottom line inflation is here. US Rates are going higher, but not high enough. Issue is Government spending, but no political will to touch.
6. Other currency exchange methods will make it easier to go around US dollar economic controls.
7. Many Bric banks will refuse to use the Euro and Dollar, due to fear of us sanctions / control.
8. Goods from Bric countries will be increasingly denominated in alternatives to US dollar and Euro.
9. Yen will collapse, ie become much cheaper. This will increase energy costs to Japan.
10. Trans War backed by Biden Administration will increase Red Wave in November. Lots of Hispanics will vote GOP.
11. Home schooling will increase due to Trans War.
12. Election cheating will have huge impact in Blue states, at levels of 2020. BS going on in Michigan Gov. Race is just a harbinger. GA will also go Blue due cheating at all levels. Exceeding the margin of cheating, the usual GOP hope, won’t matter. Az I’m not sure of, same with Nevada. Anyplace with easy Mail in ballots is lost. eGOP is awol on this issue. Ca will remain Blue, sigh. This will increase lack of trust in elections.
13. Commercial property market will get hurt hard by increase in interest rates, since the loan term is much shorter. Counter argument is it’s a hard asset, so will do well.
14. Soros prosecutors will mostly remain in office, keeping crime high in large cities.
15. US borders will remain open, feeding increased anger in US native population.
16. Covid as a control mechanism is dead.
Black Swans ( low chance of happening):
1. Russia agrees to Ukraine ceasefire.
2. Massive regime changes in Eu to nationalistic governments.
3. US back doors in ministry of truth.
4. Red states refuse to follow Biden/Federal Executive Orders on Abortion.
5. Gop gets serious on fighting election cheating.
6. Vax side effects Get widely known as Jab 5 gets rolled out, and more side effects happen. And as many kindergarten through universities require vaccination for in person education.
"Many BRIC banks will refuse to use the Euro and Dollar, due to fear of us sanctions / control."
Okay, that equivalence finally (finally!) hit me upside the head:
the way the WEF wants to control Russia by SWIFT and by sanctions, is how the WEF wants to control citizens by freezing and unfreezing bank accounts according to behavior.
I reassert my hope that Russia defeats the Beltway.
By going after Russian Oligarchs property and money in the West, trust has been destroyed in the Rule of Law in the West. You would need to be insane if you have any potential issues with the West, to have assets that can be seized. This is why China forcing the selling of Western Assets held by Party Members.
A couple of examples of threats to other countries:
Anne Appelbaum has labeled Hungary as an enemy, that should be dealt with:
You know, just about everyone sentient is on to them. They are mind blowingly obvious. No one believes legacy media anymore, they are propaganda outfits. Even in Canada 70% think media lie. Where is the business model in that? Do they not do polling or do their pollsters give them the polling they want? Does Bill Gates not know how much he is loathed? He goes around with a big grin on his face like he is Lady Bountiful. Their whole gang must be Asbergers, zero emotional intelligence. Meanwhile some European countries are reporting vax injuries at one in 100. And insurance payouts in one midwest company 169% of normal last quarter. Again, this is not a working business model.
I hear that a lot. It is our own fault. We have spent the last fifty years consuming and chasing success and allowing our government to professionalize. That is not how America is supposed to work. It depends upon service - entirely - of citizens participating. We let the ball drop. My family arrived in 1630/7 both parents, Puritans, prominent, and they left records. Every single generation worked in the community right up to my father. They would not have let this happen, they were out three or four times a week at meetings. They fed people, they, not the government, found solution. They had Agency. We gave ours away. Shopped it away, basically. This? It is our fault.
Mark you have captured this situation very well. I saw somewhere a while back where Powell had broached the CBDC topic (preparing the ground?) and I also saw Smith's column earlier today. Is Powell really a WEF stooge? That idea has caused a disconnect in my head with the Tom Luongo idea of the Fed working vs. the Euroligarchs and the WEF. Regardless, the idea that the "reset" would need to be of the entire world economy seems consistent with both the ideology and the objectives of the WEF. If that doesn't happen what is their fallback? They don't seem to be willing to either adapt their plans accordingly or admit any sort of failure at this point. Do they have the intellect to draw back on their plans? Given the idiocy of those initial plans I doubt it.
No, they seem to be ploughing mercilessly ahead. On June 8, unbeknownst to most, the EU voted to impose a vaccination pass in all of Europe, to take effect July 22. This is another outrage on our personal (?!) freedoms. Covid is just another word for tyranny.
Putin seems to have been preparing for the economic war for a long term, and using the sanctions as leverage to destroy the current Western controlled economic system.
My guess is Putin has been laying the foundation for the Economic War since he gained power in 1999, so 23 years. It would be interesting to read what actions Putin did over the last 23 years, that are supporting the economic war he is in currently with the West.
The Thesis was done in 1997, and Putin became President / Prime Minister in 1999.
I think it would be more accurate to say that Putin has been preparing to defend against the West's Economic War for most of those years. "Laying the foundation" makes it sound like this is a war that he has sought--which is not the case. It's a war that any fool could see was coming, since the West has been ratcheting up sanctions for years. Putin's goal has been to reestablish Russian sovereignty, after the Yeltsin years left Russia with the West's boot on its neck and a compromised sovereignty. But Putin has not sought to decouple from the West--to the contrary. That has been forced on him against his desire.
To me foundation is the bottom layer you build on. Preparation is a synonymous word to my way off thinking.
And it does not matter who started the current phase, the pressure was building. The neocons have this dream of breaking Russia / cutting it down to size. I’m surprised at the focus on Russia, but it seems they are a useful scapegoat / distraction from the Wests bad economic decisions, plus a lot of graft.
Putin got a situation where the West went beyond norms with sanctions. This allows Russia the moral high ground, and is a huge lever to attack the West on their double standards and potential threat to other countries.
There seems to have been lots of preparation on the economic front by Russia for what happened. Pipelines to China, building Gold Reserves, de-dollarizarion.
Putin also seems to have built up Russia into an export monster. They were not like this in the USSR days.
Thanks for that succinct addendum: "all Russian overtures (since the end of the Soviet Union) for closer integration with the West have been rebuffed by the West." That's a great lead-in to the latest post--and I wish I'd included something to that effect.
When you read stuff likethat and really absorb it, it makes you wonder how we get past this without some sort of violent revolution. Maybe not here but, certainly other places around the world. Scary stuff.
We won't. It is an existential threat to global freedom...to humanity.
When you read stuff likethat and really absorb it, it makes you wonder how we get past this without some sort of violent revolution. Maybe not here but, certainly other places around the world. Scary stuff.
The_Real_Fly
@The_Real_Fly
The Kaliningrad blockade is the biggest development since the Ukrainian war began and no one is covering it
It really IS incredible that, since your piece yesterday flagged it to me (embarrassed to say I do try to follow the region closely), the only substantive attention to the Kaliningrad situation that I was able to find was TASS (their "truth"), Radio Free Europe (our "truth"), Al Jazeera (somehow gets exclusive interviews with every sketchy, pariah type), Tagesspiegel (my German is for ****) and a bunch of yapping Lithuanian sources scrapping to ankle-bite. Unbelievable how dangerous this ignorance is.
Slightly off/topic, but ... Roughly a dozen years ago I had the pleasure of listening to a speech by a former governor of the FRB. He explained that the Fed's analyses indicated that the financial institutions that were capable of causing systemic financial instability were those that were (1) large, (2) interconnected, and (3) highly leveraged. When I asked him how should we then view the Fed, since it was (1) the largest US financial institution, (2) the most interconnected, and (3) highly leveraged at about 50 to 1 at that time, his response in essence was that there were responsible adults in charge of the Fed, but it made sense to worry about the Central Banks of certain other countries, especially where they were politically influenced or directed.
Events since then would seem to indicate that there were no responsible adults in charge at the Fed.
2 misc items. Russians eliminate 50 AFU generals with one missile strike. Also 10 M777 Howitzers were destroyed. https://thesaker.is/sitrep-operation-z-%f0%9f%92%a5-theme-kalibr-kaboom/
As to the WEF's wet dream of top down central planning, how did that work out for the Soviets? Also, I'm skeptical of Martin Armstrong's magic 8 ball forecasting, but he keeps predicting a major war in 2023. Perhaps he has all the right tea leaves aligned? (I do enjoy a lot of his insights though.)
SWAG’s:
1. China will continue its zero Covid policy through November. Xi will get an unprecedented third term. First Chinese leader since Mao. This means more supply problems till November.
2. Oil prices will stay high. Biden will go to KSA, Saudi will smile, and not increase production.
3. Ukraine War will continue, causing huge inflation in Europe. Russia will continue to gain land and take Odessa eventually. Biden Administration energy policy will remain in control of environmental extremism. Blackouts and Brownouts will happen across the US in the Summer, due to green policies.
4. Euro will fracture. Higher inflation and rates will break the Euro.
5. Bottom line inflation is here. US Rates are going higher, but not high enough. Issue is Government spending, but no political will to touch.
6. Other currency exchange methods will make it easier to go around US dollar economic controls.
7. Many Bric banks will refuse to use the Euro and Dollar, due to fear of us sanctions / control.
8. Goods from Bric countries will be increasingly denominated in alternatives to US dollar and Euro.
9. Yen will collapse, ie become much cheaper. This will increase energy costs to Japan.
10. Trans War backed by Biden Administration will increase Red Wave in November. Lots of Hispanics will vote GOP.
11. Home schooling will increase due to Trans War.
12. Election cheating will have huge impact in Blue states, at levels of 2020. BS going on in Michigan Gov. Race is just a harbinger. GA will also go Blue due cheating at all levels. Exceeding the margin of cheating, the usual GOP hope, won’t matter. Az I’m not sure of, same with Nevada. Anyplace with easy Mail in ballots is lost. eGOP is awol on this issue. Ca will remain Blue, sigh. This will increase lack of trust in elections.
13. Commercial property market will get hurt hard by increase in interest rates, since the loan term is much shorter. Counter argument is it’s a hard asset, so will do well.
14. Soros prosecutors will mostly remain in office, keeping crime high in large cities.
15. US borders will remain open, feeding increased anger in US native population.
16. Covid as a control mechanism is dead.
Black Swans ( low chance of happening):
1. Russia agrees to Ukraine ceasefire.
2. Massive regime changes in Eu to nationalistic governments.
3. US back doors in ministry of truth.
4. Red states refuse to follow Biden/Federal Executive Orders on Abortion.
5. Gop gets serious on fighting election cheating.
6. Vax side effects Get widely known as Jab 5 gets rolled out, and more side effects happen. And as many kindergarten through universities require vaccination for in person education.
"Many BRIC banks will refuse to use the Euro and Dollar, due to fear of us sanctions / control."
Okay, that equivalence finally (finally!) hit me upside the head:
the way the WEF wants to control Russia by SWIFT and by sanctions, is how the WEF wants to control citizens by freezing and unfreezing bank accounts according to behavior.
I reassert my hope that Russia defeats the Beltway.
By going after Russian Oligarchs property and money in the West, trust has been destroyed in the Rule of Law in the West. You would need to be insane if you have any potential issues with the West, to have assets that can be seized. This is why China forcing the selling of Western Assets held by Party Members.
A couple of examples of threats to other countries:
Anne Appelbaum has labeled Hungary as an enemy, that should be dealt with:
https://www.theatlantic.com/magazine/archive/2022/05/autocracy-could-destroy-democracy-russia-ukraine/629363/
What of sanctioning Brazil, that is allowing the cutting down of Tropical Forests?
Change Petition pushing this.
https://www.change.org/p/u-s-senate-impose-us-trade-sanctions-on-brazil-to-stop-genocide-and-deforestation-in-the-amazon
Or of EU directives on Supply Chains? How many countries will be affected by this?
https://www.politico.eu/article/global-supply-chain-sustainable-corporate-governance-illegal-practices/
Look at what was tried with Saudi Arabia with Biden pledging to make them a pariah over Khashoggi?
https://www.reuters.com/world/middle-east/biden-meet-with-saudi-crown-prince-during-middle-east-trip-2022-06-14/
Pick a country on Human Rights in General, most are vulnerable.
Or many countries over Gay rights.
Re: the EU directives on Supply Chains:
https://www.weforum.org/agenda/2022/01/how-to-harness-transformative-potential-public-private-partnerships/
i am a proud american. but now i find myself praying for china and russia to remain strong... crazy times...
Happy Pride Month! And have a Blessed Juneteenth.
You know, just about everyone sentient is on to them. They are mind blowingly obvious. No one believes legacy media anymore, they are propaganda outfits. Even in Canada 70% think media lie. Where is the business model in that? Do they not do polling or do their pollsters give them the polling they want? Does Bill Gates not know how much he is loathed? He goes around with a big grin on his face like he is Lady Bountiful. Their whole gang must be Asbergers, zero emotional intelligence. Meanwhile some European countries are reporting vax injuries at one in 100. And insurance payouts in one midwest company 169% of normal last quarter. Again, this is not a working business model.
It's not a working business model because it is a working collapse model, that we must hope does not work. ?
I hear that a lot. It is our own fault. We have spent the last fifty years consuming and chasing success and allowing our government to professionalize. That is not how America is supposed to work. It depends upon service - entirely - of citizens participating. We let the ball drop. My family arrived in 1630/7 both parents, Puritans, prominent, and they left records. Every single generation worked in the community right up to my father. They would not have let this happen, they were out three or four times a week at meetings. They fed people, they, not the government, found solution. They had Agency. We gave ours away. Shopped it away, basically. This? It is our fault.
Mark you have captured this situation very well. I saw somewhere a while back where Powell had broached the CBDC topic (preparing the ground?) and I also saw Smith's column earlier today. Is Powell really a WEF stooge? That idea has caused a disconnect in my head with the Tom Luongo idea of the Fed working vs. the Euroligarchs and the WEF. Regardless, the idea that the "reset" would need to be of the entire world economy seems consistent with both the ideology and the objectives of the WEF. If that doesn't happen what is their fallback? They don't seem to be willing to either adapt their plans accordingly or admit any sort of failure at this point. Do they have the intellect to draw back on their plans? Given the idiocy of those initial plans I doubt it.
No, they seem to be ploughing mercilessly ahead. On June 8, unbeknownst to most, the EU voted to impose a vaccination pass in all of Europe, to take effect July 22. This is another outrage on our personal (?!) freedoms. Covid is just another word for tyranny.
Putin seems to have been preparing for the economic war for a long term, and using the sanctions as leverage to destroy the current Western controlled economic system.
Putins 1997 thesis was a harbinger:
https://www.theatlantic.com/daily-dish/archive/2008/08/putins-thesis-raw-text/212739/
Thanks, Ray. Will get to it.
My guess is Putin has been laying the foundation for the Economic War since he gained power in 1999, so 23 years. It would be interesting to read what actions Putin did over the last 23 years, that are supporting the economic war he is in currently with the West.
The Thesis was done in 1997, and Putin became President / Prime Minister in 1999.
I think it would be more accurate to say that Putin has been preparing to defend against the West's Economic War for most of those years. "Laying the foundation" makes it sound like this is a war that he has sought--which is not the case. It's a war that any fool could see was coming, since the West has been ratcheting up sanctions for years. Putin's goal has been to reestablish Russian sovereignty, after the Yeltsin years left Russia with the West's boot on its neck and a compromised sovereignty. But Putin has not sought to decouple from the West--to the contrary. That has been forced on him against his desire.
Mark,
To me foundation is the bottom layer you build on. Preparation is a synonymous word to my way off thinking.
And it does not matter who started the current phase, the pressure was building. The neocons have this dream of breaking Russia / cutting it down to size. I’m surprised at the focus on Russia, but it seems they are a useful scapegoat / distraction from the Wests bad economic decisions, plus a lot of graft.
Putin got a situation where the West went beyond norms with sanctions. This allows Russia the moral high ground, and is a huge lever to attack the West on their double standards and potential threat to other countries.
There seems to have been lots of preparation on the economic front by Russia for what happened. Pipelines to China, building Gold Reserves, de-dollarizarion.
Putin also seems to have built up Russia into an export monster. They were not like this in the USSR days.
Thanks for that succinct addendum: "all Russian overtures (since the end of the Soviet Union) for closer integration with the West have been rebuffed by the West." That's a great lead-in to the latest post--and I wish I'd included something to that effect.