Posted originally on the CTH on March 23, 2023 | Sundance
History tells us the French ‘do revolution’ quite well, the current status of the protests against President Macron’s unilateral pension reform cuts are no exception.
Worker strikes have hampered France for over a week in protest to: (1) the pension reform; and (2) the undemocratic way it was enacted via unilateral fiat by the French President, Emmanuel Macron.
Today the worker strike turned to massive protests in the streets throughout several regions.
As the day wound down, those protests then turned violent as the ultra-left-wing “Black Bloc” anarchists began attacking police.
(Reuters) – PARIS, March 23 – Police fired tear gas and fought with violent black-clad anarchists in Paris and across France on Thursday as hundreds of thousands of protesters marched against President Emmanuel Macron’s plan to raise the pension age.
The ninth day of nationwide protests, mostly peaceful, disrupted train and air travel. Teachers were among many professions to walk off the job, days after the government pushed through legislation to raise the retirement age by two years to 64.
Demonstrations in central Paris were generally peaceful, but groups of “Black Bloc” anarchists smashed shop windows, demolished street furniture and ransacked a McDonald’s restaurant. Clashes ensued as riot police drove back the anarchists with tear gas and stun grenades.
Interior Minister Gerald Darmanin said 149 police officers were injured and 172 people were arrested across the country. Dozens of protesters were also injured, including a woman who lost a thumb in the Normandy town of Rouen.
[…] Police had also fired tear gas at some protesters in several other cities, including Nantes, and Lorient in the west, Lille in the north, and used water cannon against others in Rennes in the northwest. Labour unions fear protests could turn more violent if the government does not heed mounting popular anger over pension curbs.
Unions called for regional action over the weekend and new nationwide strikes and protests on March 28, the day Britain’s King Charles is due to travel to Bordeaux from Paris by train.
The main entrance of the Bordeaux town hall was set ablaze on Thursday, days before the monarch was due to walk through on his visit to the southwestern city.
On Wednesday, Macron broke weeks of silence on the new policy, insisting the law would come into force by year end. He compared protests to the Jan. 6, 2021, storming of the U.S. Capitol.
[…] The French Interior Ministry said 1.089 million protested across the country, including 119,000 in the capital which was a record since protests started in January. The CGT union said 3.5 million people marched in the country, equalling a previous high on March 7.
“I came here because I oppose this reform and I really oppose the fact that democracy no longer means anything,” Sophie Mendy, an administrative medical worker, told Reuters at the Paris rally. “We’re not being represented, and so we’re fed up.” (read more)
World War III may break out against Russia in/around Moldova. However, another more widespread war may break out even sooner that has nothing to do with nation states.
I get hate mail from Ukrainian Nazis routinely now. They of course deny there are any Nazis ever. Yesterday it was “You are definitely on the wrong side of history” and of course calling all Russians “scum” while Ukraine walks on water and is so honorable it makes me sick. Here we have Zelensky bragging about how Ukraine will be the biggest bonanza in European history. As for the American “titans” lobbying for more destruction and death so they can make money, I can only warn them – what goes around comes around. They have no problem advocating drafting your children to die on Ukrainian territory for their lucrative construction projects.
Sorry – I only wish them what they wish to put others through for their profits and bottom line, When this is done, they will probably also flee to Dubai like Halliburton for the Iraq War to avoid American subpoenas. So jump up and down cheering war for dollars. I for one will not invest 1 cent in any company joining Ukraine. I lost most of my high school friends for Vietnam and their profits back then. Screw you and your manipulation of human lives for profit.
And as for Ukrainians, how blind do you have to be not to see the real enemy in home-grown?
Honest journalism has become a crime. I have appeared numerous times on Maria Zaric’s program, Zeee Media. Maria is a professional journalist who asks thought-provoking questions to the experts that appear on her show. Her content goes against the grain and traditional narrative. The Australian-based journalist has been questioning COVID, the Great Reset, governments, globalists, the war in Ukraine, and many other topics that are completely taboo in the mainstream media. They attempted to shut down her channel in the past. Now, she has been de-banked with no explanation.
“Do you shut down peoples accounts due to their political views by any chance?” Maria asked the bank representative, only to be met with silence. Maria had been banking with ING Bank for numerous years without issues. Her account was suddenly shut down shortly after releasing a story on domestic terrorism in Australia. ING Bank has been unable to explain why her account was canceled.
Interestingly, ING is a partner of the World Economic Forum. Maria has extensively covered the WEF’s agenda to “enslave humanity.” Is Australia secretly keeping track of journalists’ “social credit scores” to silence skepticism?
The idea of eliminating someone’s ability to bank is essentially eliminating them from society. We saw Canadado the same thing to those protesting the Trucker Convoy. Trudeau took things a step further by also de-banking people who simply donated to the cause. The Canadian government used the premise of money laundering as a way to coerce the banks into reporting any activity that could have been intended to help the protestors. I know of numerous people who were frantically attempting to remove their funds from the bank during this time.
As if the public needed more reasons to lose trust in the banking system. This is not limited to one bank or country. I discussed how banks have the ability to “cancel” someone after JPMorgan Chase de-banked the rapper Kanye West for antisemitic remarks. The bank acts as the jury and judge. Epstein was permitted to hold funds at JPMorgan Chase despite an ongoing pedophile ring trial. Bernie Madoff banked with JPMorgan Chase. The bank has secret ties to the Third Reich and helped the group funnel money through South America during World War II. Again, the bank acts as the jury and judge; anyone can be de-banked anytime for any reason.
Most countries may not openly have social credit scores, but they’re keeping tabs on us. They are keenly aware that resistance to this New World Order is building. So they are now using professional journalists as examples hoping that people will stop asking questions to learn the truth. That is one of the reasons why this blog is free of charge – you deserve to know the truth.
QUESTION: Marty there are a lot of people who seem to be trying to create a panic. Some are claiming the stock market will plunge by 50%. Others are saying nothing will survive other than gold. It seems like none of these people have any sense of what is really unfolding. They were saying the same thing for different reasons before the banking crisis. Can you offer any historical perspective?
Thank you. You seem to be the only real source these days.
ANSWER: The Bank Holiday took place the first week of March 1933. It began with governors closing down the banks in their states. Once one began, like COVID rules, they quickly jumped on the bandwagon. As reported by March 4th, 1933, some 41 states had already declared a banking holiday. Back then, the president took office in March – not January. Thus, Roosevelt was sworn in on March 4th, 1933. As the new president, FDR delivered what is arguably his best-known speech.
“So, first of all, let me assert my firm belief that the only thing we have to fear is…fear itself — nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance. In every dark hour of our national life a leadership of frankness and of vigor has met with that understanding and support of the people themselves which is essential to victory. And I am convinced that you will again give that support to leadership in these critical days.”
The following day, Roosevelt declared a national banking holiday on March 5th, 1933. Then Congress responded by passing the Emergency Banking Actof 1933 on March 9th, 1933. This action was combined with the Federal Reserve’s commitment to supply unlimited amounts of currency to reopened banks. Back then, they effectively created a de facto 100% deposit insurance and this was before the FDIC was created.
However, what the history books have omitted because it revealed the real reason for the major banking crisis, was the confiscation of gold precisely as Germany did in December 1922 seizing 10% of all assets which unleashed hyperinflation in 1923.
In Herbert Hoover’s memoirs (1951), he documents the fact that Franklin D. Roosevelt (FDR) played a very dirty game of politics. There were rumors that FDR would confiscate gold in 1932 BEFORE the election. These rumors spread and people ran to banks to withdraw their funds. The night before the election in 1932, FDR denied that he would do such a thing. After FDR won the election, the real bank panic began. FDR would not take office until March 1933.
The run on banks began as the Great Depression started. In 1929 alone, 659 banks closed their doors due to mismanagement and speculation. Ironically, to save money on paper, it was also in 1929 when the currency was reduced in size to save money. This time, they want to move to digital and save 100% on printing money. Here in 2023, the failures are due to the WOKE agenda which has deprived the banks of risk management rather than speculation.
However, as the 1931 Sovereign Debt Crisis hit, the number of bank failures skyrocketed. Goldman Sacks and others were selling foreign bonds to Americans in small denominations., As Europe began to default, US banks holding foreign debt and individuals in need of cash led to a banking panic for external reasons. Here is a chart showing the listing of bonds on the NYSE. We can easily see the collapse in the bond market thanks to the 1931 Sovereign Debt Crisis.
By 1932, an additional 5,102 banks went out of business. Families lost their life savings overnight. Thirty-eight states had adopted restrictions on withdrawals in an effort to forestall the panic. By March 4th, 41 states had declared a bank holiday shutting down banks. Bank failures increased in 1933, and Franklin Roosevelt deemed remedying these failing financial institutions his first priority after being inaugurated.
However, it was actually the election of FDR that started the banking crisis post-1931. Hoover pleaded with FDR to please come out and address the gold confiscation rumors. People had been hoarding their gold coins fearing the rumored confiscation. Despite Hoover’s plea for FDR to come out and deny the rumors after the election, he remained silent. Given FDR’s manipulation of Japan and the attack on Pearl Harbor which he appeared to instigate with sanctions confiscating Japanese assets in the USA, denying the sale of any energy to Japan, and then threatening to use the fleet to block them from buying fuel from anywhere else, They Japanese attacked Pearl Harbor. There were Senate investigations afterward about FDR’s role because the US had already broken the Japanese code and knew in advance about the attack on Pearl Harbor. He did that to force the US into World War II.
It was in his character to remain silent and create the worst banking crisis in history before he was sworn in as president. FDR was a radical socialist and many viewed that he admired Lenin. If it were not for Mr. Jones exposing the truth behind Stalin, even the corrupt New York Times journalist promoting Stalinism was meeting with FDR. The run on the banks became massive when FDR won the election on November 8th, 1932. FDR allowed the banking system to implode with people rushing to withdraw the money in gold coins.
At 1:00 a.m. on Monday, March 6th, 1933, President Roosevelt issued Proclamation 2039 ordering the suspension of all banking transactions, effective immediately. Roosevelt had taken the oath of office only thirty-six hours earlier.
The terms of the presidential proclamation specified:
[N]o such banking institution or branch shall pay out, export, earmark, or permit the withdrawal or transfer in any manner or by any device whatsoever, of any gold or silver coin or bullion or currency or take any other action which might facilitate the hoarding thereof; nor shall any such banking institution or branch pay out deposits, make loans or discounts, deal in foreign exchange, transfer credits from the United States to any place abroad, or transact any other banking business whatsoever.
For an entire week, Americans would not have access to banks or banking services. They could not withdraw or transfer their money, nor could they make deposits. The entire economy ran simply on cash in your pocket.
While the first phase of the banking crisis unfolded after 1929 due to speculation losses (hence Glass–Steagall Act), then the second phase was the 1931 Sovereign Debt Crisis, it was the third phase with the election of FDR that led to thousands of banks failing as there was a mad rush to withdraw your gold coin. But a new round of problems that began in early 1933 placed a severe strain on New York banks, many of which held balances for banks in other parts of the country. About 4,000 banks failed during this period alone bringing the total to over 9,000.
Much to everyone’s relief, when the institutions that could reopen for business on March 13th, 1933 saw depositors standing in line to return their stashed cash to neighborhood banks. Within two weeks, Americans had redeposited more than half of the currency that they had withdrawn post-FDR’s election on November 8th, 1932. This would prove to be a sneaky trick of FDR to get people to redeposit all the gold coins they had withdrawn – as we are about to explore.
The stock market was also ordered closed when FDR came to power. With the cleverness of a real con artist operating a Ponzi Scheme to gain the confidence of the people, FDR needed the gold coin to be deposited for Phase 4 of the banking crisis. On March 15th, 1933, (The Ides of March), the stock market was allowed to reopen. On the first day of trading, the New York Stock Exchange recorded the largest one-day percentage price increase ever.
The week before the closure, the Dow Jones Industrials fell to 49.68. The week following the closure, the Dow rallied to 64.56 – a percentage gain of virtually 30% over the banking holiday. The shorts who were better on the collapse of the market once it reopened were devastated. It was a major short-covering rally.
With the benefit of hindsight, the nationwide Bank Holiday and the Emergency Banking Act of March 1933, ended the bank runs that had plagued the Great Depression, but it also set the stage for the confiscation of gold. What you have to understand is that Franklin Delano Roosevelt’s (FDR) actions in 1933 were not directed simply at gold. He was embarking on what he called the New Deal, which was a Marxist Agenda that was very popular at the time. His New Deal would end austerity, whereby they were maintaining a balanced budget in the belief that they needed to inspire confidence in the currency.
It was this balanced budget philosophy that also inspired John Maynard Keynes who argued that in times of economic distress when the demand has collapsed, that is when the state needs to run a deficit and increase the money supply. There was a simultaneous international flight of capital from Europe to the United States in the face of European sovereign debt defaults. That capital flight lasted for nearly two years until FDR won the election in 1932. There was much concern that Roosevelt would do what Germany did in 1922 in confiscating assets. That was the rumor about the possible confiscation of gold.
Milton Friedman criticized the Fed because the capital flows poured into the US but they refused to monetize it. We can see that as Europe defaulted on its debts in 1931, the capital rushed head-first into the dollar. Then we see that the dollar peaked in November 1932 with the election of FDR fearing that would weaken the dollar and exploit the economy. All this gold came to the USA pushing the dollar higher, but the Fed refused to monetize it, was Milton’s criticism. The backing of gold behind the dollar doubled in supply between 1929 and 1931.
So, you must separate gold and the devaluation of the dollar to comprehend what the issue was all about. FDR could have simply abandoned the gold standard, as did Britain, and not confiscated gold. However, that would have also been sufficient to end austerity. But the bankers would have profited and sold the gold overseas at higher prices. Roosevelt in his confiscation of gold was intended to deprive the private sector of profiting from his devaluation of the dollar which was rising the price of gold from $20 to $35. You must keep in mind that he even degraded Pierre du Pont (1870-1954) and called him the “Merchant of Death” because he produced arms for World War I and made a profit off of that war demand. Many saw Roosevelt as a traitor to his own class.
The confiscation of the gold was for two reasons. First, FDR was changing the monetary system from one where there was no distinction domestically from internationally to a two-tier system. Gold would freely circulate without restriction only internationally. Therefore, the confiscation of gold was altering the monetary system moving to a two-tier monetary system with gold only used in international transactions.
Consequently, FDR confiscated gold to move to a two-tier system and to deprive Americans of any profit from his devaluation. What FDR then did was confiscate gold from all institutions ordering them to turn over whatever they had. Ironically, this move was intended to target bankers rather than the public. FDR did not have people knocking on every door demanding all their gold. That is why there are plenty of US gold coins that have survived. If individuals possessed them rather than an institution, then they kept what they owned
Therefore, Roosevelt was able to seize whatever gold existed in banks. He declared all contracts void that had gold provisions for payment. It was in Perry v. United States – 294 U.S. 330 (1935) that the US Supreme Court ruled that Congress, by virtue of its power to deal with gold coin as a medium of exchange, was authorized to prohibit its export and limit its use in foreign exchange. Hence, the restraint thus imposed upon holders of gold coins was incidental to their ownership of it, and gave them no cause of action. id/P. 294 U. S. 356.
The Supreme Court held that it could not say that the exercise of this power by Congress was arbitrary or capricious. id/P. 294 U. S. 356. They held that even if the Government’s repudiation of the gold clause in the government bonds was unconstitutional, it did not entitle the plaintiff to recover more than the loss he has actually suffered, and of which he may rightfully complain. id/P. 294 U. S. 354. Therefore, the Joint Resolution of June 5, 1933, held:
“insofar as it undertakes to nullify such gold clauses in obligations of the United States and provides that such obligations shall be discharged by payment, dollar for dollar, in any coin or currency which at the time of payment is legal tender for public and private debts, is unconstitutional.” id/P. 294 U. S. 349.
Yet, swapping gold for dollars created no loss that was cognizable even though the taking of gold was unconstitutional. Clearly, the Supreme Court did not consider the loss in terms of foreign exchange. The Court reasoned:
“Plaintiff has not attempted to show that, in relation to buying power, he has sustained any loss; on the contrary, in view of the adjustment of the internal economy to the single measure of value as established by the legislation of the Congress, and the universal availability and use throughout the country of the legal tender currency in meeting all engagements, the payment to the plaintiff of the amount which he demands would appear to constitute not a recoupment of loss in any proper sense, but an unjustified enrichment.”
In my understanding of the law, those who argued before the Court made purely a domestic argument. A dollar was still a dollar in domestic terms so there was no cognizable loss and the Court did not reach the constitutional question. Had they argued that their loss was with respect to some debt owed in British pounds, they there was a loss. Purely domestically, the only loss would have been to inflation and the Court would never rule against the government on such an issue.
All of that said, there does not appear to be any historical precedent for the stock market to collapse by 50%, all tangible assets to turn to dust, and only gold will survive given a banking crisis where Biden and Yellen sit on each other’s hands and do nothing. Trust me. Every major Democratic donor will be screaming. And as for those claiming the Fed will reverse its position, say inflation is suddenly no longer a problem, and monetize everything in sight, this is even too big for the Fed. have to create QE and absorb all the debt, there to things have changed. If the Fed does that, it will also lose all credibility. It squarely understands that inflation comes from handing Ukraine a black check to the most corrupt government in the world. The Fed raised rates yesterday for it cannot back down. It is choreographing the best it can but the bankers do not listen.
If they simply stand behind all the deposits, then there will be no panic. That is what they did in 1933 and the market rallied in confidence thereafter.
COMMENT: Marty, it’s refreshing to have Socrates that is totally unbiased. It projected continued rising rates into next year and the Fed just proved its point. It is not backing down.
Thank you. Socrates is very enlightening.
ANSWER: I know there were a lot of talks that surely the Fed had to lower rates and start QE all over again. Most of those sorts of comments have no real experience in markets. They just mouth a lot of hot air. Perhaps instead of putting masks on cows, we should do that on the shills. The Federal Reserve had no choice but to raise interest rates although it was just by a quarter point. Not to do so and the Fed would lose all credibility and the market would then not take them seriously.
You MUST understand that this crisis has unfolded because too many banks were wrapped up in WOKE culture and hired people who were UNQUALIFIED to run risk management. Some were more excited about cross-dressing as a woman and winning the Rainbow award in banking than actually protecting the bank from the risk of rising interest rates.
In a statement released at the conclusion of the meeting, Fed officials acknowledged that recent financial market turmoil is weighing on inflation and the economy, though they expressed confidence in the overall system. “The US banking system is sound and resilient.” They had no choice but to make this statement.
“Recent developments are likely to result in tighter credit conditions for households and businesses and to weigh on economic activity, hiring and inflation. The extent of these effects is uncertain.”
The Fed is saying that their rise in rates will in fact reduce inflation and economic activity. The banks have this yield curve risk and that is different from the 2007-2009 crisis where the debt was based on fraud. Here, the debt is US Treasuries so they are not going bankrupt from that aspect, but it is a liquidity crisis.
If these people who scream loudly but know nothing really about finance keep up the nonsense, they will only add to the uncertainly. This inflation is accelerating thanks to the war.
Posted originally on the CTH on March 22, 2023 | Sundance
After attempting to navigate through the politics in order to curry favor with the base Republican voters on a Ukraine position, when confronted by Piers Morgan who is a pro-NATO war voice, Florida Governor Ron DeSantis now says his former position on Ukraine has been “mischaracterized” and Vladimir Putin “is a war criminal.”
The walk back highlights once again that Ron DeSantis is an empty vessel using poll testing to formulate his policy stances.
The reversing comments on Vladimir Putin and Ukraine come from the interview DeSantis gave to Piers Morgan as noted in a recent New York Post article:
(Piers Morgan, NY Post) – Florida’s Gov. Ron DeSantis has branded Vladimir Putin a “war criminal” and demanded he be “held accountable” for his barbaric invasion of Ukraine.
Taking a tougher tone from his statement last week appearing to dismiss the year-long war as a “territorial dispute,” DeSantis now says Russia was WRONG to invade Ukraine and was WRONG to invade and take over Crimea in 2014, and won’t win the war. And he’s made his strongest attack yet on Russia’s dictator, calling him a loser who is “basically a gas station with a bunch of nuclear weapons.”
His assertion, in a statement to Fox News anchor Tucker Carlson, that it is not in America’s “vital national interests” to become “further entangled in a territorial dispute between Ukraine and Russia” was strongly criticized by numerous senior Republicans — including Sen. Lindsey Graham and Sen. Marco Rubio.
When I asked him specifically if he regretted using the phrase “territorial dispute,” DeSantis replied, “Well, I think it’s been mischaracterized. Obviously, Russia invaded (last year) — that was wrong. They invaded Crimea and took that in 2014 — That was wrong.
[…] “There is a move now to hold [Vladimir Putin] accountable for war crimes,” I told DeSantis, “bombing maternity hospitals and genocidal activity in parts of Ukraine wiping out whole cities like Mariupol. Would you support that?”
“I think he is a war criminal,” he replied. “This ICC … we have not done that in the US because we’re concerned about our soldiers or people being brought under it. So, I don’t know about that route, but I do think that he should be held accountable.” DeSantis is convinced Ukraine will eventually prevail in the war. (read more)
The DeSantis team has also hired the notorious dirtbag, Jeff Roe.
You might remember Roe as the former 2016 campaign manager for Ted Cruz who falsely told the people of Iowa, on the night before the primary caucus, that Dr. Ben Carson dropped out of the race. The Cruz Crew amplified this false message, and duped Carson caucus supporters who subsequently switched candidates on election day to support Ted Cruz. Jeff Roe created the lie, then tried to deny it.
(Via Politico) – […] Jeff Roe, who previously ran Sen. Ted Cruz’s 2016 presidential campaign, has signed on to be an adviser to the super PAC, Never Back Down, according to an operative with direct knowledge of the move.
Never Back Down is being spearheaded by executive director Chris Jankowski, another seasoned Republican operative. Ken Cuccinelli, a former top Homeland Security official to Donald Trump, is serving as chair of the super PAC. Over the last several weeks, Cuccinelli has visited four key early GOP primary states. (read more)
A DeSantis political group that would hire Jeff Roe highlights, yet again, how the DeSantis 2024 campaign is a mirror of Ted Cruz campaign in 2016.
Factually, almost all of the 2016 never-Trump Cruz Crew are now members of the 2024 never-Trump Desantis Crew. To assist this overall ‘never-Trump’ endeavor, in 2024 Vivek Ramaswamy is now playing the former role of Evan McMullin in 2016.
The professional political class of the GOPe, the DeceptiCons, are never as vicious against Democrats as they are against candidates who do not conform to the Republican UniParty orthodoxy. If you want to see the Republicans fight dirty, just become a Republican political candidate that does not comply with them. Then, and only then, will you see a side of the Republican wing that doesn’t surface against Democrats.
Threaten their GOPe Wall Street multinational corporate interests, ie. ‘their money‘, and the DeceptiCons get vicious.
If the professional Republicans are NOT targeting a Republican politician, you can be assured that Republican politician is a member of the GOPe club operation.
Yes, it really is that simple, and Ron DeSantis is a member of that club.
Posted originally on the CTH on March 22, 2023 | Sundance
The alarming provocations and escalations continue as the U.K. has pledged to send depleted uranium anti-tank rounds into Ukraine.
During a four-hour public meeting which included international press, Russian President Vladimir Putin noted the NATO intent to use depleted uranium artillery and tank missiles against Russian forces would be met with countermeasures.
Russian Defense Minister Sergei Shoigu noted the British decision leaves fewer and fewer steps before a potential “nuclear collision” between Russia and the West. “Another step has been taken, and there are fewer and fewer left,” he told reporters in remarks cited by domestic agencies.
(Reuters) – Russian President Vladimir Putin on Tuesday condemned British plans to send tank ammunition that contains depleted uranium to Ukraine, saying Moscow would be forced to respond accordingly.
Speaking in London on Monday, Minister of State for Defence Annabel Goldie said some of the ammunition for the Challenger 2 battle tanks that Britain is sending to Ukraine includes armour piercing rounds which contain depleted uranium.
“If all this happens, Russian will have to respond accordingly, given that the West collectively is already beginning to use weapons with a nuclear component,” Putin said in remarks after a summit with Chinese President Xi Jinping. He did not elaborate. (read more)
Keep in mind, all remarks by the heads of state during these sessions are known in advance by both nations. Chairman Xi knew what Vladimir Putin was going to say. Additionally, at the end of their three-day summit, Chairman Xi made comments that were strategically positioned publicly to be overheard by international media.
Chairman Xi is cunning panda and is very well skilled at making statements in front of media that drive his own interests. These comments are always strategically placed by Chairman Xi and his people who plan every possible angle in advancing their agenda.
These end of summit remarks were specifically made by Xi, knowing they would be picked up on microphones by media, interpreted and then broadcast.
[…] “change is coming that hasn’t happened in 100 years, and we are driving this change together”.
All of these tremors point to a larger issue in the background of “western government” policy. Something is going to eventually erupt. Government cannot keep a lid on the chaos they create forever. Sooner or later a spark will ignite something… and it will not just be in France.
Do not focus too heavily on the weeds of any particular issue or nation lest we lose sight of the much larger dynamic. One thing is most certainly assured; Chairman Xi and President Putin can see that larger dynamic clearly, and there’s abundant opportunity within the geopolitical unrest.
For the life of me, I have stated the obvious that the Biden Administration has been pushing China and Russia together not to mention North Korea, Iran, and perhaps even Turkey. I cannot believe that I am so brilliant that none of these people in the White House understood the historical event that just took place. That leaves me with the only possible conclusion that they KNEW what they were doing, and that this was DELIBERATE with the intention of creating World War III.
They made it clear that Russia is willing to negotiate but the USA wants war – not peace. All they need to do is honor the Minsk Agreement which they refuse to do. In addition, they expressed concern about the West effectively creating NATO in Asia and the AUKUS (Australia, the United Kingdom, and the United States) and their plans to build nuclear submarines that would violate the non-proliferation of weapons of mass destruction.
Russian and China came to an agreement concerning a comprehensive partnership in the energy sector. They also expressed concern for the American Neocons who have been pushing military-biological activities and demand full disclosure. They are furthermore pushing for the US to accelerate the elimination of its stockpile of chemical weapons, which the Neocons seem to be dragging their feet intentionally under the Biden Administration.
They also stressed that the United States is pushing Ukraine into this proxy war that they viewed as leading “to an uncontrollable phase.” Moreover, they have also pointed out that the United States and the UK are bypassing the UN Security Council and acting in a rogue manner. The Biden Administration has already divided the world economy. Now, China and Russia are moving to a joint security policy on food and energy which will include defense.
NATO is by no means a defensive organization. They violated the agreements of 1991 and moved Eastward to the border of Russia. In return, China and Russia have called on NATO to strictly observe the defensive nature of their organization and respect the foreign sovereignty of nations, which they have not. Aside from the fact that they invited Russia to join in 1991 which led to the Gorbachev coup, the need for Russia to be the evil empire has been vital. Without an enemy, NATO serves no purpose.
They have also expressed concern that the United States has clearly intensified its activities in the field of missile weapons and has called out the US insisting that it is undermining international security. The Biden threats have been rejected and imposing sanctions on China will only further destroy the world economy.
Without question, this alliance between Russia and China has been created by the American Neocons who assumed that they could intimidate China into remaining distant from Russia so they could wage war and destroy Russia once and for all. This has undone everything that President Nixon did to separate the two MNixon went to China on February 21, 1972, and this is 51.6 years from that target – just UNBELIEVABLE. This also confirms that we are staring into the eyes of history in the making.
Consequently, the China-Russian alliance is historically a true game changer. The Neocons have upset the entire world and NEVER do they ever consider what if their judgment was wrong. The world we have known it is changing and the Neocons have succeeded in undermining not just our future in the United States, but that of the entire world.
Just as World War I and World War II marked the collapse of the British imperial empire, the stupidity of the Biden Administration has sealed the fate of the world and the United States. The world is now firmly divided and the future will never be the same. Welcome to the 2023 Financial Crisis.
The banking crisis continues and it is impacting funds that have been buying bonds. Allianz, a subsidiary of Pimco, is writing off countless millions with Credit Suisse bonds. The banking crisis has been the result of artificially low-interest rates for far too long and banks were used to free money and buy long-term bonds all because they were making their money on the spread. Now that rates are rising, their risk management was effectively nonexistent, and thus the losses and widespread.
The Allianz subsidiary Pimco is one of the largest asset managers in the world. They have to now write off a loss in Credit Suisse bonds and it’s ain’t over yet as we head into April 10th.
I have had two employees from Ukraine – Kiev and Donetsk. The one from Kiev just mouths the standard Ukrainian propaganda. If they give up the Donbas, they will then want all of Ukraine. The UK is deeply involved walking hand and hand with Biden into world war III. They have clearly crossed the Rubicon here and for no justification. Had they simply honored the Minsk Agreement and let the Donbas, which is ethnically Russian, separate from a regime that hates their guts the war would be over in 5 minutes.
Instead, Britain appears to have been planning to give Ukraine nuclear weapons with depleted Uranium. Putin has come out and warned the UK that “the delivery and use of depleted uranium missiles by the Ukrainian Armed Forces will be perceived as an attack against Russia with a weapon that has a ‘nuclear component’.” Putin elaborated:
“Today it became known that the United Kingdom, through the Deputy Head of the Ministry of Defense of the country, announced the supply of not only tanks to Ukraine but also shells with depleted uranium. It seems that the West really decided to fight Russia in the last Ukrainian not with words, but with deeds Russia will be forced to react once the collective West starts using weapons with a nuclear component.”
There are some who believe that Ukraine should just be nuked. Give the people 2 weeks to flee to Poland or Germany, and then nuke the region and make it unlivable. That is basically the legion that Rome certainly razed the city entirely, but there are no contemporary sources stating that the Romans salted the land to prevent the city of Carthage from rising a fourth time. The Greek writer from the 1st century BC, Diodorus Siculus, informs us that the city had been razed and Carthaginians destroyed. Horace informs us that after the city was destroyed, the land was symbolically plowed. Polybius in his “The Histories” makes no mention of the land being salted just that the city was completely destroyed. Appian of Alexandria does record that Carthage was reconstructed by the first Emperor Augustus (27BC-14AD) and to avoid the evil spells that were cast on the ground, Carthage was rebuilt in a different location.
Surely, if Russia nuked Ukraine that would kill the European breadbasket and it would guarantee Ukraine’s neutrality. Is that the only way to terminate this Neocon Proxy Way and save the world?
The three Punic Wars (264 BC–146 BC) between Rome and Carthage were a turning point in the history of the Mediterranean world and, more than any other conflict, the Second Punic War (218 BC–201 BC) appears to have been a defining time in Roman history. We also see the debasement in that coinage of Carthage as they waged war to defeat Rome. You can see the early silver coinage debased as the war unfolded.
As Hannibal marched through Spain and invaded Italy from the North, Rome issued its first gold coinage more as a symbol of wealth to the other Italian city-states that they should standby Rome and not join Hannibal.
On the Roman side, we also see the consequence of the war with the debasement of the silver quadrigatus, which was the Greek denomination of the didrachm they complied with for trade with the Greek world. Here too, we can see the cost of war is not just the lives lost, but also the inflation and the monetary debasement.
Hannibal’s war also forced Rome to establish the denarius, which was the weight reduction from the Greek standard of the Didrachm 6.5 grams to 4.0 grams in 211BC. Even though Rome won, the lesson here is that sometimes wars result in the complete collapse of a monetary standard and the rebirth of a new currency. This is what we face. The Neocons care nothing about the economics, nor about the lives of the people they send to die for their arrogance. They are the worst of humanity and should be driven from governments on a global scale.
Indeed, King Louis XIV (1643-1715) was on his deathbed when he lamented.
“I have been too fond of war.”
Meanwhile, the arrogance of the Neocons trying to dictate to the world and ordering China not to help Russia, Xi’s trip to Russia had no other outcome but to support Russia as he called Putin a ‘dear friend’ as China now pushes back against U.S. power knowing full well the real agenda here is to weaken Russia and then for NATO to invade on any pretense to destroy Russia once and for all. This is the Neocon’s dream and they could care less about the Ukrainian people. I have warned that the Ukrainian people are there to be slaughtered for the glory of the Neocons.