Monday, November 21, 2022

Building Trust

Stormproofing,

  Perfect Storm for the Global Economy, First Deputy Prime Minister of the Russian Federation Andrey Belousov   Thanks Svet.
  "There is a strong gap between the scale of the problems and the tools that are currently being offered to solve them."
https://www.interfax.ru/business/873259    [Use Google-Translate]
My own thoughts: 
  There is an implicit assumption about what "tools" are being openly proposed.

1) "Halting the war in Ukraine" seems to be a polite way of saying "Europe, coordinate business arrangements with Russia again".
  It's necessary, but not sufficient to restore a stable, working system of global trade and finance.
  The apparent goal of western finance was to have Russian resources without the Russian government, which is nationalist. That access to resources, essentially to loot them, was necessary for the growth of the western financial system, which stopped growing in the second half of 2018, by my reckoning. You may well disagree, but it stopped growing by 2019, which caused financial problems, like the "repo-crisis" in August-September 2019.
There was a loss of trust between the largest western global financial institutions, which froze overnight lending.

2) "Raising interest rates". This "destroys demand" in the economy by imposing austerity. It does stop some of the excesses caused by almost-free-money, but the western financial system has crept forward by gradual reduction of interest rates since around 1983. Real interest rates were often negative, and have remained negative since 2008. It is the end of that road. Interest rates must rise and that destroys the system of rolling debt forward at lower and lower interest to stimulate economy.

 "Money" is currently defined as "promises" to repay debt at interest. Trust in eventual-repayment is waning. 
Trust must be rational, not delusional, to maintain a vast economic system. 

  Trust is slow to build. Who has been investing in the building of trust since 2008? 
The Fed has, but within an increasingly untrustworthy US national system. The Fed can't really be more trustworthy than Washington DC, London and Brussels (NATO). There is a lot of habitual momentum in the $USsystem, but once that tips over, change is likely to seem very sudden.

  Russia and China have been working and investing to build trust, but that is thrown into question by sanctions against them, by the increasingly untrustworthy owners of the current $US financial system. Still, it's a lack of trust in the proposed replacement-system (BRICS+, belt-and-road).

  History shows that changes to a global trade system seem to take a decade or more and a big war, as in WW-1 and WW-2.
History also shows that people suffer and die, and that growing vegetables helps the people who are able to do so.
  Another historical feature is that countries with enough internal resources per-capita fare batter. 
That's Russia #1 and US #2. 
  Efficient use of the resources within any system is similarly important, and Russia appears (for all the corruption) to have a better national system of meeting national needs. The US system seems to be corrupt and inefficient, and to depend upon external flows of wealth to sustain function. Those can be expected to stop in a crisis. The corruption is an inefficiency problem. 
  The owners hold the option to shut the system down if they don't get to siphon off a big skim at every level, so there are thousands of selfish fingers on economic Kill-buttons.

  What history argues to be necessary is to take away all of those corrupt "entitlements" to cuts of the pie, by eliminating a lot of that "ownership" of the systems of production and distribution. That means "debt repudiation", which did not happen after WW-1, which was the proximal cause of WW-2, where a lot of debt-restructuring did take place, encouraging economic growth in Europe and Japan.

  The owners are in control of the system, so they won't allow repudiation of much of their rights-to-skim until they lose control, but they get to push the Kill-buttons first.

  Reviving a system after that should be harder than merging into another system which is already up-and-running. 
The Chinese government got to merge into the western economic system while the cold-war was still ongoing, so China got a better deal than the "defeated" USSR, Russia, etc. 

  The new system is not yet operational, though many pieces are in place and starting to get tested. The old system is trying hard to prevent the new, competing system from becoming operational. 
  It does not look like there is going to be a smooth transition,since the new system can't get fully operational until the old system, which is depleting itself to fight the new system, breaks badly. 
"Confiscating" $300 billion from Russiais an example of the old system breaking trust, in order to reduce trust in a rising threat.

  Where might trust be found in global finance? Bitcoin? Something like Bitcoin could be useful between central banks and nation-states, but Bitcoin only exists by mutual agreement and an intact global internet.
  Gold bullion used to work. Central banks, by all accounts, keep enough gold bullion on hand (or in "trusted" repositories) to make a transition back to a gold standard at any time. (Ukraine's gold somehow went away in airplanes a few years ago.)
  The question is that of what to "price" gold at to enable that transition. It seems like a factor of 8-10 "price increase" of gold, relative to fiat currencies, would be necessary, as a ballpark figure. Watch for it. 
  Larger daily increases in the "price" of gold seem to have suddenly been allowed, starting a couple of weeks ago. $40-$50 in a day was allowed in quick succession. Previously gold did not rise more than $20 in a day.
  The 30-dayGold chart shows that stair-step well.  https://www.kitco.com/charts/livegold.html
That seems like a signal to me. Others may disagree. 


A Grand Unified Theory of the FTX Disaster , Matthew Crawford    Thanks Luc  (It's long)
Summary: 
  Under a pandemic-induced fog of war, the military-banking complex may be enabling an elite pedophile class of blackmail agents at least partially organized around MIT to establish a Global Digital Central Bank to enslave the human race, cull populations, and subject them to genetic information control.
  One additional thought worth thinking about is whether these seemingly related global events were at least somewhat telegraphed, and whether this is the reason power consolidation occurred in China, Russia, and Saudi Arabia over the past few years. One way to retain national strength in the midst of Fifth-Generation warfare involving a constant stream of confusing signals is to line the ducks up in a row and move as a single unit.
  In all this, I make my best effort to make no mistake about where I mix fact and speculation, but understand that conversations trying to unravel the Bigger Picture, including the very real spectre of sexual blackmailing dominating global politics are being had among the world's cognitive elite and power players. They've been going on for years now.

  Ben Hunt has a lot of insight and details of the financial progression during the successful marketing of the nice young genius with the magic-money-machine.
The Story Arc of SBF and FTX

​  Andrew Korybko looks at the initiative of Russia, India and Iran to balance influences of China and Pakistan (itself influenced by the CIA) upon Afghanistan.​   
  The “Informal Russia India Iran Troika” on Afghanistan
​  ​The most important takeaway was the informal Troika that was just established by Russia, India, and Iran. These three don’t intend to compete against China and Pakistan’s influence in Afghanistan in any unfriendly way, but rather endeavor to pragmatically “balance” it by giving that country’s de facto Taliban rulers an alternative to those two. From the perspective of the group’s self-interests, potentially disproportionate dependence on China and Pakistan is disadvantageous.

​  Moon of Alabama on Russian destruction of high voltage power transformers in the Ukrainian grid to impair the ability of the Ukrainian military to move men and war-supplies by the (all electric) train system.​
​  ​The targeting of 330 kilovolt transformers in various switching stations has cut some 50% of the distribution capability of Ukraine's electricity network. These transformers weigh up to 200 tons. There are no replacements. You do not buy them at the next corner but will have to order them with years of lead time. As far as I can tell Russia is currently the only producer of transformers of that type.

  ​The US works hard to turn-around relations with China, bringing in 97 year old "friend of China" and infamous 2008 head of AIG, Maurice "Hank" Greenberg​.
​  ​A significant and unexpected new Wall Street Journal report has revealed that a few days prior to the Xi-Biden meeting last week at the G20 summit in Bali, the two countries embarked upon a private back-channel dialogue of top policy advisers and business executives in New York, which was approved by both governments.
​  ​The meeting was described by Retired Adm. Mike Mullen as seeking to prevent the continued "downward trajectory" in US-China relations "at a dangerous time." Beijing is relying on an American businessman described as an "old friend of China" with a long successful track record of positive dealings in China: insurance executive Maurice "Hank" Greenberg. "As the two great powers of the time, we need to try to turn this around," Mullen commented of the closed-door talks earlier this month.

  ​This story is about a Russian military airplane promotional video at a Chinese air-show, which shows the plane blowing up a ship. The computer-generated ship in the computer-generated video turns out (awkwardly) to be a Chinese destroyer. Nobody knows how this happened. The video production was at least partly outsourced to India.​ India says they didn't-do-it.
  There is open speculation that Russia's real enemy is now declared to be China. (If that were propaganda, whose interests would it serve?)
https://www.zerohedge.com/geopolitical/russian-defense-promotional-film-shows-military-plane-blowing-chinese-warship

Texas Prepares Military (not-quite)Tanks For Southern Border After Governor Abbott Declares Invasion
​  ​Three days after Texas Governor Greg Abbott invoked the state's "Invasion Clauses" to tackle the record-setting influx of migrants illegally crossing the southern border, a new planning document obtained by Army Times and The Texas Tribune reveals Texas Military Department officials are planning to deploy a fleet of fully tracked armored personnel carriers and National Guard troops.
​  ​Texas Military Department officials issued the order Thursday to the headquarters leading Operation Lone Star reveals. It detailed the deployment of ten M113 armored personnel carrier vehicles to the border.
https://www.zerohedge.com/political/texas-prepares-military-tanks-southern-border-after-governor-abbot-declares-invasion

​  From Thursday, specific to Texas:  Governor Abbott Directs TEA, Superintendents To Prohibit COVID-19 Vaccine Mandates For Students

Moms Were Right: Acetaminophen During Pregnancy Can Cause ADHD, Autism​  
  ​“[We] found consistent associations between acetaminophen bu​r​den and ADHD and acetaminophen burden and ASD across strata of potential confounders, including maternal indication, substance use, preterm birth, and child age and sex, for which point estimates for the ORs vary from 2.3 to 3.5 for ADHD and 1.6 to 4.1 for ASD.

​Jessica Rose Ph.D. looks at the US VAERS, suddenly changing the government statistics.​ They look much better this week!
​  ​The foreign data set was gutted this week in VAERS and the cancer signal was halved, the myocarditis dose 3 response signal was lost and 994 spontaneous abortions/still births were dropped

​Thanks Luc , The Killing Fields of Samoa​ , Ah KhanSyed MD, Ph.D.​
​  And you’re asking “What are you talking about? What happened in Samoa?”.
​  ​A lot happened. All in one month in November 2019 - just before the PANDEMIC™ struck, and you will see that the similarities with the PANDEMIC™ are eerie - down to the same forced lockdowns and forced vaccinations that were only ever intended to enforce medical fascism on a population - because every pandemic plan document prior to 2020 said they were not helpful to contain a viral outbreak.
​  ​So let’s then turn to Samoa (and neighbouring Fiji and Tonga) in 2019.​..
Why did a measles outbreak occur in 3 neighbouring islands at the same time, just weeks after a delivery of UNICEF vaccines to those very islands?
Why did the death rate in the Samoan outbreak reach such high levels far in excess of what would be expected in a country with access to healthcare?
https://arkmedic.substack.com/p/the-killing-fields-of-samoa
  
  From Peter McCullough MD's blog:  Electron Cryotomography of SARS-CoV-2 Virions
At least there are electron-microscope pictures of these very small entities. They are easier to destroy than to see. 
It is essentially impossible to isolate virions without destroying them. Looking at them destroys them, for instance.

Building a Closet (pictured) 



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