Monday, June 13, 2022

Which Came First

 Switched at Birth,

  This article from last summer looks familiar, but it may just be the meme that is familiar. The meme is that some crisis was needed to justify directly pumping trillions of dollars into global finance in 2020. This was already the case in September 2019, when the US Fed. pumped trillions of dollars into the overnight-lending "repo-window". 
  The biggest banks in the world could no longer trust each other overnight with T-bills as collateral. COVID was convenient, and all the planning was at the same time. See 2019 timeline in article, which is well documented. Thanks "Clueless Honky".
  Joining the dots is a simple enough exercise. If we do so, we might see a well-defined narrative outline emerge, whose succinct summary reads as follows: lockdowns and the global suspension of economic transactions were intended to 1) Allow the Fed to flood the ailing financial markets with freshly printed money while deferring hyperinflation; and 2) Introduce mass vaccination programmes and health passports as pillars of a neo-feudal regime of capitalist accumulation. As we shall see, the two aims merge into one.
  In 2019, world economy was plagued by the same sickness that had caused the 2008 credit crunch. It was suffocating under an unsustainable mountain of debt....
..The repo market meltdown of September 2019 must be placed within this fragile economic context...
.. In financial markets powered by cheap loans, any increase in interest rates is potentially cataclysmic for banks, hedge funds, pension funds and the entire government bond market, because the cost of borrowing increases and liquidity dries up. This is what happened with the ‘repocalypse’ of September 2019: interest rates spiked to 10.5% in a matter of hours, panic broke out affecting futures, options, currencies, and other markets where traders bet by borrowing from repos. The only way to defuse the contagion was by throwing as much liquidity as necessary into the system – like helicopters dropping thousands of gallons of water on a wildfire. Between September 2019 and March 2020, the Fed injected more than $9 trillion into the banking system, equivalent to more than 40% of US GDP.
  The mainstream narrative should therefore be reversed: the stock market did not collapse (in March 2020) because lockdowns had to be imposed; rather, lockdowns had to be imposed because financial markets were collapsing. With lockdowns came the suspension of business transactions, which drained the demand for credit and stopped the contagion. In other words, restructuring the financial architecture through extraordinary monetary policy was contingent on the economy’s engine being turned off. Had the enormous mass of liquidity pumped into the financial sector reached transactions on the ground, a monetary tsunami with catastrophic consequences would have been unleashed.
  As claimed by economist Ellen Brown, it was “another bailout”, but this time “under cover of a virus.” Similarly, John Titus and Catherine Austin Fitts noted that the Covid-19 “magic wand” allowed the Fed to execute BlackRock’s “going direct” plan, literally: it carried out an unprecedented purchase of government bonds, while, on an infinitesimally smaller scale, also issuing government backed ‘COVID loans’ to businesses. In brief, only an induced economic coma would provide the Fed with the room to defuse the time-bomb ticking away in the financial sector.

Consciousness of Sheep writes...
  For as long as climate change was off in the distant future, governments have been able to trade warm words for concrete action.  In a similar vein, a certain kind of green politician has been able to trade on the pretence that ending fossil fuel use would come at no cost.  Meanwhile, the diesel fuel kept the arteries of the global supply chains flowing even as ever more coal and gas supplied the heat and power for the technological engines of economic growth...
..Well, that future has arrived, and the eco-austerity is only just beginning.  Nevertheless, it is already creating big political waves.  We might, for a while, get away with the myth that what is happening is all the fault of “Madman Putin” – but that narrative gets very old very quickly for households forced to choose between food and warmth in the depths of winter.  And as Helm points out:
  All of this matters because it means that the current price shock is not temporary, even if the gas price falls back. We are not going to get out of gas anytime soon. Indeed with the extra demand for electricity for transport, the digital technologies and heating too, the problem will get a lot worse before it gets better. The cost of energy will keep going up, and the energy strategy and other net zero problems will contribute to this rise in costs. Whilst the public have been led to believe that net zero is a free lunch (or at least a manageable 1% of GDP or less), it is very much not so. Important and worth doing, but a much bigger cost of living rise than our leaders, and the campaigners against climate change generally, would like us to believe. They fear scaring the horses, but they cannot stop us being confronted with the cost.”

Ukraine War Update focuses some on the "Great Walk Back" in NATO about, "Ukraine fighting a long war" and "never surrendering" and "maintaining territorial integrity". 

Russian forces have taken Severodonetsk, the last city in Luhansk held by Ukrainian military forces.

Russian Army Will Be Deploying To Nicaragua For 'Humanitarian Operations'   (So what does it mean when the US does "humanitarian operations"? Similar?)
  The recent announcement by Daniel Ortega, the president of Nicaragua, that he will be allowing Russian troops, ships and planes into the region for humanitarian operations will certainly upset the current mainstream narrative that Russia has been "isolated" from the rest of the world by Western sanctions.

I'm trying to keep an eye on Sri Lanka, the recipient of humanitarian oil-relief from Russia, and maybe more as the summer progresses.   Andrew Korybko 
Sri Lanka’s Principled Neutrality Ensured Its Survival In The Economic Crisis Thus Far
  Shortly after, it was revealed that it purchased a 90,000-metric-ton shipment of Russian oil in order to restart its refinery, after which Prime Minister Wickremesinghe told the Associated Press in an exclusive interview this weekend that he’s interested in buying more from it if he can’t find other suppliers and is also exploring the purchase of Russian wheat too. These two literally live-saving options might not have been available to his country had it compromised on its position of principled neutrality by submitting to the US-led West at the UN...
..The Sri Lankan case is instructive for many Global South countries like Pakistan, which might soon find themselves in similar situations.

Russia is apparently able to project force in Syria now.   When Russia says "unacceptable" it means "Russia will not allow more of this".
Russia Issues Unusually Bitter Condemnation Of Israeli Attack On Damascus Airport
  Following the Friday pre-dawn raid, ostensibly against Iranian weapons shipments and assets according to Israeli reports, Russia’s Foreign Ministry on Friday evening slammed the— "vicious practice" of  Israeli strikes on civilian infrastructure, which it said were "provocative" and "in violation of the basic norms of international law." ...
  The statement from Russian foreign ministry spokesperson Maria Zakharova said, "We are compelled to reiterate that the ongoing Israeli shelling of the territory of the Syrian Arab Republic, in violation of the basic norms of international law, is absolutely unacceptable."
  It continued: "We strongly condemn Israel's provocative attack on the most important object of the Syrian civilian infrastructure."
"Such irresponsible actions create serious risks for international air traffic and put the lives of innocent people in real danger."

  The Israeli military’s Chief of Staff Lt. Gen. Aviv Kochavi made a series of chilling threats to Lebanon while talking at Israel’s first National Conference on the Home Front on June 12.
In his speech, Kochavi detailed the Israeli military’s strategy for responding to an attack
that Hezbollah could launch from Lebanon.
  “We will deal very big strikes in the war, but we will warn the residents and allow them to leave the areas. I say to the residents of Lebanon: I advise you to leave, not only at the beginning of the war, but from the beginning of tension and before the first shot is fired. I advise you to leave those areas because the attack force will be unimaginable like you nothing you have witnessed before,” Kochavi said.
  Kochavi vowed that the Israeli military will target any rocket launcher or headquarters of Hezbollah, even if they were hidden in residential buildings.
  “Every target associated with missiles and rockets will be targeted in the next war,” the military leader said. “A house in which a missile is located or located near a missile, an activist who deals with a missile, a command headquarters that deals with a missile, or electricity connected to a group of missiles – all of this network will be hit on the day of the war.” ...
..Kochavi threats appear to be a direct response to a recent speech by Hezbollah Secretary-General Hassan Nasrallah, in which the Lebanese leader warned Israel against extracting gas from the disputed Karish naval field.
  The Lebanese-Israeli dispute over Karish heated up earlier this month when the Greek-owned Energean Power FPSO [Floating Production Storage Offloading] reached the field to extract gas. Lebanon claims that a part of Karish is within its exclusive economic zone.
  With the lack of any real progress in the US-backed talks on the demarcation of the naval borders between Lebanon and Israel, the two countries may be on the course for a military confrontation.

Georgia avoids risk of new conflict by not giving weapons to Ukraine — defense minister   
 (Georgia is promised NATO membership "some day".)
  Georgia is giving no weapons to Ukraine to insure itself from the risk of a new conflict, Georgian Defense Minister Juansher Burchuladze said in parliament on Thursday.
"That we don’t give Ukraine weapons - we believe we are defending the interests of Georgian citizens and insure Georgia from the risk of a new conflict," he said.

Ellen Brown usually writes about healthy, non-parasitic banking models and practices, but she presents this good advice. Vegetable gardening is complicated by lots of things and critters that you have not thought much about, unless you have been doing it. 
Get started. Do the homework. Work out the kinks.
The Food Shortage Solution in Your Own Backyard
..Permaculture is a gardening technique that “uses the inherent qualities of plants and animals combined with the natural characteristics of landscapes and structures to produce a life-supporting system for city and country, using the smallest practical area.”
  Russian families have shown the possibilities, using permaculture methods on simple cottage gardens or allotments called dachas. As Dr. Leon Sharashkin, a Russian translator and editor with a PhD in forestry from the University of Missouri, explains:
  Essentially, what Russian gardeners do is demonstrate that gardeners can feed the world – and you do not need any GMOs, industrial farms, or any other technological gimmicks to guarantee everybody’s got enough food to eat. Bear in mind that Russia only has 110 days of growing season per year – so in the US, for example, gardeners’ output could be substantially greater. Today, however, the area taken up by lawns in the US is two times greater than that of Russia’s gardens – and it produces nothing but a multi-billion-dollar lawn care industry.

Jessica Rose Ph.D.has the best researched piece on prions and amyloid plaques , related to COVID-vaccines, that I have seen.
RSFIEDLLFNKV... are we looking at weaponized amyloidosis?
And what of prions? An exploratory piece.

Expecting Consequences
​(pictured with kitchen cabinet project progressing)​

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