Tuesday, June 7, 2022

Unintended Consequences

 Playing Checkers,

  Michael Hudson's latest essay focuses on the urgent choices that face the food-importing nations this summer, especially those with $US debts to pay.
I​ am greatly appreciative of Professor Hudson's persistence in bringing this attack upon humanity by global multinational financial-capitalist interests​ to global attention.
​Professor Hudson's analysis of the $US global hegemony, even without the backing of gold, was the book "Super Imperialism". He did not intend this, but his book became the intellectual foundation for the Nixon/Kissinger/Saudi "Petrodollar" arrangement. No current economist elucidates global capital flows and trade considerations better, or more nobly than Michael Hudson.​
​ My personal read is that the WEF & Friends Great-Reset plans have gotten out of synch with events on the ground, but that there is no way to change those plans, now in motion. The world was supposed to become more compliant and fearful with COVID. Some did. Others became warned and vigilant. Russia was forced to fight Ukraine, either by attacking or being attacked. Financial/economic sanctions were to crush the Russian economy, removing Russian options for economic action, paralyzing Russia. They did not. Russia is not paralyzed, currently has cash and oil and gas and grain and a level of trust and respect which is growing in the world.
  The food and fuel crisis was to increase costs to "global south" countries, so that they would be unable to buy food, fuel and to also pay their $US debts. They would be forced to comply with some new regime, which would further reduce their national rights and their national abilities to feed their people and economies. They already have the minimal economic levels for these needs, as they are commodity-exporters to global financial capitalism, and should keep all costs down, so that profits accrue to global financiers.​
​  This card is now being played, but instead of having no-choice-but-compliance, these nations now have a global champion who has weathered the attack of western-finance and NATO, has oil, gas, wheat, and fertilizer, and has enough budget-surplus, despite supporting a war against NATO, to make good deals on oil, fertilizer, wheat, and even good-for-cheap anti-aircraft missile systems, if something like that would also be useful...​
​  The result is ... to be determined in these next few critical months...​ If the tipping-point has been passed, neoliberal globalism will lose power quickly.
Is US/NATO (with WEF help) pushing for a Global South famine?​ Michael Hudson
  Is the proxy war in Ukraine turning out to be only a lead-up to something larger, involving world famine and a foreign-exchange crisis for food- and oil-deficit countries? ...
..We are seeing a financially weaponized power grab by the U.S. Dollar Area over the Global South as well as over Western Europe. Without dollar credit from the United States and its IMF subsidiary, how can countries stay afloat? How hard will the U.S. act to block them from de-dollarizing, opting out of the U.S. economic orbit? ...
​..​Klaus Schwab’s World Economic Forum worries that the world is overpopulated – at least with the “wrong kind” of people. As Microsoft philanthropist (the customary euphemism for rentier monopolist) Bill Gates has explained: “Population growth in Africa is a challenge.”​ ...
​  ​Is world famine and balance-of-payments crisis a deliberate US/NATO policy?​ ...
..Senegal’s President Sall worried that: “Anti-Russia sanctions have made this situation worse and now we do not have access to grain from Russia, primarily to wheat. And, most importantly, we do not have access to fertilizer.” 
​  ​U.S. diplomats are forcing countries to choose whether, in George W. Bush’s words, “you are either for us or against us.” The litmus test is whether they are willing to force their populations to starve and shut down their economies for lack of food and oil by stopping trade with the world’s Eurasian core of China, Russia, India, Iran and their neighbors.​..
..The hope was that blocking it from selling its oil and gas, food or other exports would drive down the ruble’s exchange rate and “make Russia scream” (as the U.S. tried to do to Allende’s Chile to set the stage for is backing of the Pinochet military coup). Exclusion from the SWIFT bank-clearing system was supposed to disrupt Russia’s payment system and sales, while seizing Russia’s $300 billion om foreign-currency reserves held in the West was expected to collapse the ruble, preventing Russian consumers from buying the Western goods to which they had become accustomed. The idea (and it seems so silly in retrospect) was that Russia’s population would rise in rebellion to protest...​.​​ But the ruble soared rather than sunk, and Russia quickly replaced SWIFT with its own system linked to that of China...
​..​It is now looking like the major aim of the U.S. war in Ukraine all along was merely to serve as a catalyst, an excuse to impose sanctions that would disrupt the world’s food and energy trade, and to manage this crisis in a way that would afford U.S. diplomats an opportunity to confront Global South countries with the choice “Your loyalty and neoliberal dependency or your life​"​...
​..​Russia accounts for 40% of the world’s grain trade and 25 percent of the world fertilizer market (45 percent if Belarus is included). Any scenario would have included a calculation that if so large a volume of grain and fertilizer was withdrawn from the market, prices would soar, just as they have done for oil and gas.
​  ​Adding to the disruption in the balance-of-payments of countries having to import these commodities, the price is rising for buying dollars to pay their foreign bondholders and banks for debts falling due. The Federal Reserve’s tightening of interest rates has caused a rising premium for U.S. dollars...
​..​Most disruptions are in the 2 to 5 percent range, but today’s US/NATO sanctions are so far off the historical track that price increases will soar substantially above the historic range. Nothing like this has happened in recent times.
​  ​This suggests that what appeared in February to be a war between Ukrainians and Russia is really a trigger intended to restructure the world economy – and to do so in a way to lock U.S. control over the Global South...​
​..​The choice confronting Global South countries: to starve by paying their foreign bondholders and bankers, or to announce, as a basic principle of international law: “As sovereign countries, we put our survival above the aim of enriching foreign creditors who have made loans that have gone bad as a result of their choice to wage a new Cold War. As for the destructive neoliberal advice that the IMF and World Bank have given us, their austerity plans were destructive instead of helpful. Therefore, their loans have gone bad. As such, they have become odious.”​ ...
​  ​(Since Kissinger/Nixon/Earl Butz) The major grain exporter was the heavily subsidized U.S. farm sector, followed by Europe’s highly subsidized Common Agricultural Policy (CAP). These were the main grain exporters before Russia entered the picture. The US/NATO demand is to roll back the clock to restore dependency on the Dollar Area and its eurozone satellites.​..
The implicit Russian and Chinese counterplan
​  ​What is needed for the world’s non-US/NATO population to survive is a new world trade and financial system. The alternative is world famine for much of the world. More people will die of the sanctions than have died on the Ukrainian battlefield. Financial and trade sanctions are as destructive as military attack...

​..First, reject the sanctions and reorient trade to Russia, China, India, Iran and their fellow members of the Shanghai Cooperation Organization (SCO)
The problem is how to pay...
..Therefore, the second need is to declare a debt moratorium – in effect, a repudiation – of the debts that represent loans gone bad...
..A third corollary that follows from these economic imperatives is to replace the World Bank and its pro-U.S. policies of trade dependency and underdevelopment with a genuine Bank for Economic Acceleration. Along with this institution is a fourth corollary in the form of the new bank’s sibling: a replacement for the IMF free of austerity junk economics...
​(What protective umbrella might be extended this summer?)..The fifth requirement is for countries to protect themselves by joining a military alliance as an alternative to NATO, to avoid being turned into another Afghanistan, another Libya, another Iraq or Syria or Ukraine.

​(NATO "member") ​Turkey, Russia Agree To De-Mining Operation In Ukrainian Ports To Erect 'Grain Corridor'

From the recent Ukraine-War update:
​  ​Rally in Rome – raising the issue of Italy’s withdrawal from NATO.
​  ​Israel – local residents remove Ukrainian flags, returning Israeli ones to their place. (While we note this, we also have to express abhorrence against the latest killings of journalists and the grabbing of more territories by the Israelis).
​  ​Erdogan states that EU members and other European countries are in a state of “panic” over the influx of refugees from Ukraine.
​  ​Chinese Ambassador to Russia Zhang Hanhui:  We must put an end once and for all to the hegemony of the United States, with its eternal desire to interfere in the affairs of sovereign states
​  ​Medvedev:  Russia’s achievement of the goals of the special operation in Ukraine should lead to the creation of a new non US centric system of international security.

Pediatrician: Data Is ‘Irrefutable’ — COVID Vaccines Are Dangerous for Kids
For the last two years, Dr. Michelle Perro has been in the trenches treating COVID-19 complications, not only from infection but also from the jab, which has been far more problematic and deadly.
​..​“There is a bigger agenda here, because clearly these vaccines are dangerous for kids. There’s no doubt. The data is irrefutable, and yet we’ve proceeded. So, we’re dealing with other agendas here … I think parents need to rise up and protect their children, because this is not going away. If anything, it’s ramping up.”​...
..Perro also believes we must begin to create parallel systems and structures, as suggested by Mattias Desmet, Ph.D. The power of this strategy was demonstrated by Vaclav Havel, a political dissident who eventually became the president of Czechoslovakia.
​  ​A parallel structure is any kind of business, organization, technology, movement or creative pursuit that fits within a totalitarian society while being morally outside of it.
​  ​Once enough parallel structures are created, a parallel culture is born that functions as a sanctuary of sanity within a totalitarian world.

​Don't wait for these exemplary physicians to win against the FDA...
Doctors Sue FDA, Allege Crusade Against Ivermectin ‘Unlawfully Interfered’ With Their Ability to Treat Patients
  In a lawsuit filed June 2, Drs. Robert L. Apter, Mary Talley Bowden and Paul E. Marik argued the FDA acted outside of its authority by directing the public, including health professionals and patients, to not use ivermectin — even though the drug is fully approved by the FDA for human use.

Increased emergency cardiovascular events among under-40 population in Israel during vaccine rollout and third COVID-19 wave
..While not establishing causal relationships, the findings raise concerns regarding vaccine-induced undetected severe cardiovascular side-effects and underscore the already established causal relationship between vaccines and myocarditis, a frequent cause of unexpected cardiac arrest in young individuals...

Spartacus: Possible Applications of Advanced Biotechnology    (Military applications of any new technology will get priority funding, right?)
Modern biotechnology is a double-edged sword, capable of healing and harming in equal measure

People within the criminal cabals take actions. They feel invulnerable... Time passes.
Who are the scientists [from Fauci's NIAID, Fort Detrick, W.H.O. and Metabiota] who warned us about money pox in 2010?
They were setting the stage for an era of fear... 
Meryl Nass MD

Acting Responsibly
(pictured recently with 13 oz. Black Krim tomato which became lasagne)

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