Our present western economic system is based upon faith in a future which cannot possibly transpire. That faith is growing thinner and thinner, so the leverage on the bets is growing higher and higher, to maintain the amount of skim-profit, to which our elite class and their upper managers are accustomed. The system crashed in 2008, but was resuscitated with more skim than ever to bankers and financiers, and more promises than ever for everybody else. This was sustained by "whatever it took" in money printing and asset-buying by central banks, It's the biggest ponzi scheme ever, and the Federal Reserve banking system is the final sucker. There was an overnight-repo crisis in late summer of 2019, when the major banks quit trusting each other overnight.
The fix was the Fed, again.
"Repo" still broken after over a year of social distancing and lockdowns. That didn't create overnight trust at the level of major global banks.
The top 10%, the managerial class, has been bribed to hold things together for 13 years.
The present system will not hold together without their best efforts.
Elites have no plan but to retain power indefinitely.
When does the system break? Next month? June?
Got beans? Got water? Got cash? Got friends?
Anthony Ward, "The Slog" What I find worrying tonight is the number of people whose experience I trust offering remarkably similar predictions: in a relatively narrow time range from mid-May to late June, they all see time finally running out for by far the most mendacious stock valuation bubble in bourse history.
The control, containment and citizen obedience being demanded by States around the globe is in near-zero relation to the homoaeopathic threat from SarsCov2. We are about to see the real reason for accustoming us to the idea of virtue-signalled, false necessity.
THE $2.3 QUADRILLION GLOBAL TIMEBOMB
The $30 billion in Archegos derivatives that went up in smoke over a weekend is just the tip of the iceberg. The hedge fund Archegos lost everything and the normal uber-leveraged players Goldman Sachs, Morgan Stanley, Credit Suisse, Nomura etc lost at least $30 billion.
These investment banks are making casino bets that they can’t afford to lose. What their boards and top management don’t realise or understand is that the traders, supported by easily manipulated risk managers, are betting the bank on a daily basis...
Just take the notorious Deutsche Bank (DB) that has outstanding derivatives of €37 trillion against total equity of €62 billion. Thus the derivatives position is 600X the equity.
Or to put it in a different way, the equity is 0.17% of the outstanding derivatives. So a loss of 0.2% on the derivatives will wipe the share capital and the bank out!
Now the DB risk managers will argue that the net derivatives position is just a fraction of the €37 trillion at €20 billion. That is of course nonsense as we saw with Archegos when a few banks let $30 billion over a weekend.
Derivatives can only be netted down on the basis that counterparties pay up. But in a real systemic crisis, counterparties will disappear and gross exposure will remain gross.
(So gold to $175,000/oz? Just think dollar-
11 years ago in Afghanistan, news of massive mineral deposits came out.
It's not just heroin and the ability to disrupt Russia, China and Iran that makes this real estate valuable to the crumbling western empire.$1 Trillion Motherlode of Lithium and Gold Discovered in Afghanistan
, June 16, 2010
The previously unknown deposits — including huge veins of iron, copper, cobalt, gold and critical industrial metals like lithium — are so big and include so many minerals that are essential to modern industry that Afghanistan could eventually be transformed into one of the most important mining centers in the world. An internal Pentagon memo, for example, states that Afghanistan could become the “Saudi Arabia of lithium,” a key raw material in the manufacture of batteries...
Biden isn’t ending the Afghanistan War, he’s privatizing it: Special Forces, Pentagon contractors, intelligence operatives will remain
Over 18,000 Pentagon contractors remain in Afghanistan, while official troops number 2,500. Joe Biden will withdraw this smaller group of soldiers
while leaving behind US Special Forces, mercenaries, and intelligence operatives — privatizing and downscaling the war, but not ending it.
This article fails to mention that the massive Russian military build-up around Ukraine came after a massive NATO build up around Ukraine, and many truck and trainloads of weapons shipped to Ukraine, and Ukranian military movements, and that "effective declaration of war" by Ukraine, against Russia, declaring the unanimous vote of Crimea to rejoin Russia null and void, and making Crimea a Ukranian target for invasion. As the hostile rhetoric and military moves around Ukraine have intensified, Western politicians have begun fearing an open invasion and urging Russia's Vladimir Putin to "de-escalate".
Russia has refused: the defense ministry this week insisted its moves were in response to "threatening" Nato exercises in Europe.
Then Mr Putin got a phone-call from the White House.
And then, noted the BBC, Biden suggested a near-future face-to-face summit with Putin, which gives Russia the edge given it was the US side that first proposed it:
"In Putin's game of brinkmanship, Biden blinked first," argues journalist Konstantin Eggert, after Joe Biden made his first call to the Kremlin and proposed meeting Mr Putin "in the coming months".
It's just weeks after the US president agreed with an interviewer that Russia's leader was "a killer".
President Biden's new move is now a new topic of debate - disaster prevention or a mistaken concession - but in the run-up to a summit, the risk of major military action by Russia certainly fades.
"That would be really unstatesmanlike: a slap in Biden's face," Mr Eggert told the BBC. "But the fact that it was Biden who suggested they meet does give Putin the edge."
Pepe Escobar: So Who Wants a Hot War?Much more than NATO advisers in a frantic revolving door in Kiev, the real shadowplay is MI6 actually working very close with President Zelensky.
It’s not by accident that the Hegemon is going no holds barred to harass and try to smash Eurasian integration by all means available...
Zelensky’s warmongering script comes directly from MI6’s Richard Moore. Russian intel is very much aware of all the fine print...
Careless whispers in Brussels corridors swear that MI6 actually believes that in the case of a volcanic but as it stands still preventable hot war with Russia, continental Europe would burn and Brexitland would be spared...
...Russian Defense Minister Sergei Shoigu examining step by step the deployment of the annual US Army DEFENDER-Europe 21: “The main forces are concentrated in the Black Sea and Baltic region.” ...
When in doubt, call the irreplaceable Andrei Martyanov – who always tells it like it is. The Crash Test Dummy gang in D.C. still does not get it – although some Deep State pros do.
As I am on record constantly – the United States never fought a war with its Command and Control system under the relentless sustained fire impact and its rear attacked and disorganized. Conventionally, the United States cannot win against Russia in Europe, at least Eastern part of it and Biden Admin better wake up to the reality that it may, indeed, not survive any kind of escalation and, in fact, modern Kalibrs, 3M14Ms, as a matter of fact, have a range of a 4,500 kilometers, as well as 5,000+ kilometer range of X-101 cruise missiles, which will have no issues with penetrating North American airspace when launched by Russia’s strategic bombers without even leaving the safety of Russia’s airspace...
...Triple Yoda Patrushev mentioned a very civilized late March phone call he had with US National Security Adviser Jake Sullivan. Of course there’s no smokin’ gun, but if anyone would come up with the face-saving idea of a Biden-Putin phone call that would have been Sullivan.
The spin from Washington and Moscow is only slightly divergent. The Americans highlight that “Biden” – actually the deciding combo behind him – wants to build “a stable and predictable relationship with Russia, consistent with US interests.”
The Kremlin said that Biden “expressed interest in normalizing bilateral relations.”
Away from all this fog, what really matters is Patrushev-Sullivan. That has to do with Washington telling Turkey that US warships would be transiting the Bosphorus towards the Black Sea. Sullivan must have told Patrushev that no, they won’t be “active” in Donbass. And Patrushev told Sullivan, OK, we won’t incinerate them...
So the cliffhanger – like a teaser for Snowpiercer – is what happens when Nord Stream 2 is completed...
Russian Deputy Foreign Minister, Sergei Ryabkov, has struck a much less Daoist note than Peskov: “The United States is our enemy, doing everything to undermine Russia’s position in the international arena, we do not see other elements in their approach to us. These are our conclusions”
That’s stone to the bone realpolitik. Ryabkov knows the Hegemon’s “non agreement-capable” mindset inside out...
Putin reiterated Minsk 2 on his live teleconference with Merkel and Macron – and certainly to “Biden” in their phone call. The Beltway, the EU and NATO are all aware of it. Minsk 2 was signed by Ukraine, France and Germany and certified by the UN Security Council. If Kiev violates it, Russia – as a member of the UNSC – must enforce it.
Kiev has been violating Minsk 2 for months now; it refuses to implement it. As a faithful Hegemon satrapy, they are also not “agreement-capable”. Yet now they are seeing the – firepower – writing on the wall if they as much as think of starting a blitzkrieg against Donbass...
Ideally, Ukraine/Donbass would be inserted in the overall revival of the Silk Roads – as in internal Central Eurasian trade based and developed taking into consideration Eurasia-wide demand. Eurasia integration – in both the Chinese and Russian vision – are all about interconnected economies via inter-regional trade. On Russian national spirituality and traditional religion:
So it’s not by accident that the Hegemon – on the verge of becoming an irrelevant player across Eurasia – is going no holds barred to harass and try to smash the continental integration by all means available.
Following on the heels of last week's Joe Biden invitation to Vladimir Putin for a bilateral summit proposed for the summer to tackle a range of still simmering contentious issues, Ukraine's President Volodymyr Zelensky has issued a surprised invitation late Tuesday for Putin to meet him in the war-torn east of Ukraine.
In making the announcement Zelensky told Putin that such a direct high states meeting where the two leaders can talk de-escalation is essential as there are a "million lives at stake" in any potential outbreak of major conflict,
Vladimir Putin's State Of The Nation Address: (a few excerpts)
"We behave in a restrained, modest manner. Oftentimes we do not respond to outright rudeness; we want to have good relations.
We are not looking to burn any bridges.""You can have any position on Lukashenko's policies, but staging a goverment coup and planning the assassination of a head of state is too much."
"I hope no one will think of crossing so-called 'red lines' against Russia, which we ourselves will define in each separate case. Russia’s response will be symmetrical, fast and tough. The organizers of any provocations threatening our core security interests will regret their actions more than they've regretted anything in a long time."
"But now this practice is degenerating into something more dangerous — for example, an attempt to organize a coup in Belarus and an attempt to assassinate this country's president.... The West is silent on this matter."
And on Biden's recent sanctions...
"It seems that everyone is already accustomed to the practice of imposing illegal, politically motivated sanctions, attempts to impose their will on others by force." ...
"And today, family, friendship, mutual assistance, and compassion have come to the fore for us. Spiritual and moral values, which some countries are forgetting about, have, on the contrary, made us stronger, and we will always uphold and protect these values," Putin pledged.
Putin added that the service of representatives of traditional religions had become "the spiritual backbone of society, as it always was in difficult times." That said, the head of state addressed the clergy present in the hall, "I would like to take a deep bow before you all. Thank you very much."
Relations between the USand Russia are being dismantled, of necessity, with or without a Putin-Biden summit: At this point, Russia and the US have hardly anything to discuss, except what is nicely dubbed “deconflicting” (i.e. Syria and Ukraine), which is actually the military officials’ domain – and they’re working on it themselves, anyway. Even the go-to subject – strategic stability – is now in limbo, because the previous framework is gone, and working out a new one would require a serious intellectual effort and joining forces to create something that would reflect the current international and technological realities. To do that kind of work, there has to be some enthusiasm and at least basic trust, and we have neither...
The attempts of Biden’s administration to recreate the old pattern of “free world” versus “aggressive tyrannies” are doomed to fail, because neither exists in its previous clear-cut form. In a sense, we should help Washington and respond by developing closer and more sophisticated ties between Russia and China, especially since the latter is shocked by how Biden and his team have chosen to handle US relations with Beijing.
Minimizing the risks of unnecessary confrontations and diligently working on withstanding any kind of pressure is the main track for the Russian-US relations in the near future. Working together should be limited to very specific and practical concerns, if they arise. At some point, there will be demand for a new type of relationship. That’s when we should start talking about it, and not a minute earlier.
Luc sends the 24 minute "Story of Ivermectin", which is also the story of how powerful financial interests in Big Pharma have suppressed cheap, effective treatments for COVID, while making everybody wait and beg for bad and dangerous stuff like remdesivir and various genetic engineering "vaccines" which make your body produce the dangerous COVID spike protein in your own cells. (80% of people who get COVID in their noses stop it there. It never gets into their bloodstreams).
Do take 5000 units per day of vitamin-D to help your immune system do it's best work.
This more aggressive strain still responds to repurposed antivirals like ivermectin. Brazil’s P1 coronavirus variant, behind a deadly COVID-19 surge in the Latin American country that has raised international alarm, is mutating in ways that could make it better able to evade antibodies, according to scientists studying the virus.
Hank Arron's death was remarkably similar to this one. "Natural Causes": Many Americans have heard the news account of Dr. Gregory Michael, a 56-year-old Florida physician who, after receiving his first dose of a Pfizer COVID vaccine on December 18 of last year, was hospitalized three days later. He had a total loss of his platelets — the little blood cells that stop bleeding. In spite of being treated by a team of physicians, he died two weeks later from a brain hemorrhage, and was reported to have had zero platelets. By February 10, 2021, 36 other similar cases were reported in the mainstream media. Pfizer, which along with its partner BioNTech made the vaccine the doctor received, said in a statement that it was aware of the death. Typically, they concluded, “We are actively investigating this case, but we don’t believe at this time that there is any direct connection to the vaccine.”
Pfizer made this “finding” despite several unusual circumstances of the case. First, low-platelet disorders, known as idiopathic thrombocytopenic purpura (ITP), most commonly affect children, and generally follow a viral illness. Only 10 percent of ITP cases occur in adults, who usually present with a slow onset form of the disorder, referred to as chronic ITP. The disorder usually starts by someone noticing easy bleeding, such as slow oozing from gums or the nose, or bruises showing up without trauma. Rarely do platelets drop below 20,000, and generally treatment either reverses the disease or prolongs life for years in spite of the problem.
What happened to this physician and the others seems to be a new previously unseen problem related to vaccination — despite the manufacturers’ claims.
Severe acute respiratory syndrome coronavirus 2 (SARS-Cov-2)-induced infection, the cause of coronavirus disease 2019 (COVID-19), is characterized by unprecedented clinical pathologies. One of the most important pathologies, is hypercoagulation and microclots in the lungs of patients.
Here we study the effect of isolated SARS-CoV-2 spike protein S1 subunit as potential inflammagen sui generis...
. These proteins were substantially resistant to trypsinization, in the presence of spike protein S1. Here we suggest that, in part, the presence of spike protein in circulation may contribute to the hypercoagulation in COVID-19 positive patients and may cause substantial impairment of fibrinolysis.
Such lytic impairment may result in the persistent large microclots we have noted here and previously in plasma samples of COVID-19 patients.
Latest VAERS Data Show Reports of Blood Clotting Disorders After All Three Emergency Use Authorization Vaccines
VAERS data released today showed 795 reports related to blood clotting disorders with 400 attributed to Pfizer, 337 to Moderna and 56 to Johnson & Johnson between Dec. 14, 2020 and April 8, 2021.
(Pfizer is worst, then J&J, then Moderna. All similar. Spike protein in blood.
This article was written by a man named Christian Elliot, who appears to be a health nerd/coach and “question asker”, mid-40s, 4 young kids...
18 Reasons I Won’t Be Getting a Covid Vaccine
Pictured early last Sunday morning between kitchen door and garden in Yoakum