Repost from ZeroHedge via Newswars:
September 15, 2023
“Milei The Destroyer” Greets “End Of World Economy As We Know It”
By: Sorcha Faal, and as reported to her Western Subscribers
A gobsmacking new Security Council (SC) report circulating in the Kremlin today first noting President Putin assessing: “As for the Americans, they don’t know how to do this tango themselves…The music is remarkable and the steps are beautiful, but the United States seeks to deal with everything from a position of power”, says this assessment was in direct response to socialist Biden Regime foreign policy official Secretary of State Antony Blinken using the phrase “it takes two to tango” to explain the absence of peace talks with Ukraine—a phrase uttered by Secretary Blinken after he proclaimed “the old world order is over” and declared: “One era is ending, a new one is beginning, and the decisions that we make now will shape the future for decades to come…Washington must preserve its leadership from a position of strength”.
As to the “new era” Secretary Blinken declared “is beginning”, this report notes, the fear-drenched just published Politico article “WTF Is Christine Lagarde Up To?” reveals:
The ECB president has sounded the death knell for the dollar and predicted the end of the world economy as we know it — does she know something we don’t?
Deep in the Wyoming wilderness last month, Christine Lagarde, president of the European Central Bank, stood before a large audience of elite central bankers and casually predicted the collapse of the international financial order.
Resplendent in red and black, she resembled a humanoid Lindor chocolate truffle — and though her warning was diluted by the usual impenetrable jargon, the subtext was sufficiently clear and dramatic. “There are plausible scenarios where we could see a fundamental change in the nature of global economic interactions”, Lagarde announced drily to the crowd, which was gathered for the annual central banker confab in Jackson Hole, Wyoming.
The assumptions that have long informed the technocratic management of the global order were breaking down. The world, she said, could soon enter a “new age” in which “past regularities may no longer be a good guide for how the economy works”. “For policymakers with a stability mandate”, she added with understatement, “this poses a significant challenge”.
A “new age”? — and coming from a member of that most dreary and unimaginative of the global technocratic-priesthoods, the central bankers?
The warning at Jackson Hole wasn’t even the first time Lagarde has fretted publicly about the fate of the international order of free markets, dollar dominance and globalization that she had a hand in creating.
While others have raised the issue, Lagarde has been outspoken. Just in April, she was the first major Western central banker to raise explicit concerns about the fragility of the greenback, whose international dominance she said “should no longer be taken for granted”.
In knowing that the “new era” of socialist Western colonial economic collapse was fast approaching due to their unsustainable debt used to finance unending global wars to maintain hegemony over the world, this report continues, President Putin, who has a Ph.D. in global economics, strongly urged Russian oligarchs to “stay home and keep your money in Russia” in 2018—on Tuesday it saw President Putin also warning: “Western countries are no longer safe for Russian businesses”—and today, Bloomberg News Service reported: “Wealthy Russians have started repatriating their assets from the European Union back to Russia…At least $50 billion has been pulled from Western countries since last year”.
With absolutely no Russian automobiles being sold in the United States, this report details, the socialist Biden Regime in its infinite wisdom imposed sanctions on all Russian automakers yesterday—nonsensical sanctions quickly followed by the news: “The United Auto Workers (UAW) union will go on strike against all of Detroit’s big three automakers at the same time for the first time in the union’s history, after General Motors, Ford, and Stellantis failed to reach a labor agreement with the union before their contracts expired Thursday night”—news now joined by articles appearing like “‘I Don’t Know What He’s Done’: In The UAW President’s Hometown, Autoworkers Lash Out At Biden” and “Major Business Group Blames Biden For UAW Strike”—all of which was followed by President Donald Trump posting the grim warning to American peoples: “Our country’s going to hell…Our country’s going down”.
Joining President Trump’s grim warning that “Our country’s going down”, this report notes, world renowned American economist CEO Stephen Jen of Eurizon SLJ Capital Limited just assessed: “The global shift away from the US dollar has increased tenfold since February 2022 compared to the previous 15 years…However, if we take into account changes in the value of the dollar, then, according to our calculations, we’ll see that the dollar share in foreign reserves has lost about 11% since 2016…This has fueled fear and anxiety in Beijing, but also in other emerging countries…Since the BRICS group of emerging economies – which presently comprises Russia, Brazil, India, China, and South Africa, but is due to add six new members next year – the economic power of the union has multiplied…Iran, Saudi Arabia, the United Arab Emirates, Argentina, Egypt and Ethiopia will officially join the group in January 2024…Taking purchasing power into account, the BRICS nations currently account for 32% of global economic output, compared to 30% covered by the G7 countries”.
With the South American nation of Argentina preparing to join the BRICS Alliance in January-2024, this report continues, this week it saw America’s most popular and trusted newsman Tucker Carlson traveling there to file his video report warning how “hyperinflation and reckless monetary policy could soon devastate the global economy”—a warning report Carlson joined last evening by releasing his interview with Javier Milei, who used the President Trump populist playbook to skyrocket from out of nowhere to become the heavily favored new president of Argentina when elections are held next month—an interview wherein Milei told Carlson: “Argentina is a country that has embraced socialist ideas…The rebellion always comes from the youth, and the youth found in me someone who spoke about free market, against the status quo…As a libertarian, we have unrestricted respect for the lives of others, rooted in the spirit of non-aggression, and in defense of life, liberty and property…The Pope plays politics…He has a strong political influence…And he has shown a great affinity for dictators like Castro and Maduro…I won’t do business with any communist!”—and Milei directly warned the American peoples: “Never embrace the ideas of socialism…The state does not create wealth, the state destroys it…The state can give you nothing, because it produces nothing…Never allow yourselves to be seduced by the siren song of social justice…Don’t get caught up in that terrible concept that where there is a need, there is a right”.
As proof that the entire socialist Western colonial fake news leftist media establishment fears and detests Javier Milei as much as they do President Trump, this report concludes, today it’s best exampled in the just published propaganda screed “Milei The Destroyer And Fear Of The Unexplainable”, wherein it fearfully screams:
There’s something off-putting about the Argentine intelligentsia’s response to Javier Milei’s surprise victory in the PASO primaries.
With the ultra-libertarian economist dominating the scene, the initial paralysis caused by the shock result appears to have been followed by a sense of inevitability and impending doom.
The country’s major decision-makers, known as the “círculo rojo”, are still scratching their heads, trying to figure out what went wrong with their favoured candidate.
The fear that Milei and his weird entourage of cosplayers, social media influencers, extreme-right “dictatorship deniers” and C-class corrupt political leeches generates has to do with a breakdown in the conditions of governability in a country that is in a fragile macroeconomic situation coupled with a decades-long decadence in democratic institutionalism.
Their panic and trepidation are not ill-founded.
First and foremost, it isn’t clear that the ultra-liberal economist with the crazy hair is fit to undergo the pressures of the presidency.
As explained last week in this column, one of Milei’s own fears is that his medical history is leaked to the press, which could confirm a preconceived notion that he is clinically insane.
Furthermore, he has a father-son relationship with his dogs, which are clones of his beloved Conan, all of which he can directly communicate with (allegedly) and considers to be his advisors in matters of macroeconomics, politics and foreign policy.
He’s been able to speak directly to God (apparently), who has given him the mission of becoming Argentina’s president, along with some of the leading (long dead) economists that ascribe to theories close to the Austrian school.
[Note: Some words and/or phrases appearing in quotes in this report are English language approximations of Russian words/phrases having no exact counterpart.]
September 15, 2023 © EU and US all rights reserved. Permission to use this report in its entirety is granted under the condition it is linked to its original source at WhatDoesItMean.Com. Freebase content licensed under CC-BY and GFDL.
September 14, 2023
Scary Fact About Putin Prompts “Old World Order Is Over” Biden Declaration
By: Sorcha Faal, and as reported to her Western Subscribers
A thought-provoking new Security Council (SC) report circulating in the Kremlin today first noting United Nations Secretary General Antonio Guterres assessing yesterday: “I would be happy to become a mediator between Russia and Ukraine to reach peace negotiations, but this is still a long way off”, says this assessment was joined by the news: “The Czech Republic announced on Wednesday that it would not send military-age men who arrived as refugees back to Ukraine to be conscripted…Germany, Austria and Hungary have already made similar declarations”—in response to these socialist European Union countries refusing to send young men back to Ukraine to be used as canon fodder, it saw Ukrainian President Vladimir Zelensky issuing the veiled threat: “Don’t push Ukrainians into a corner by cutting Western support for the war or else the millions of refugees who have presently behaved well in Europe may start to act unpredictably”—a veiled threat Foreign Ministry spokeswoman Maria Zakharova responded to with the warning: “Ukrainian citizens, refugees on European territory, will be cornered and Europe will have problems…In simpler terms, the representatives of their Kiev regime are present on the territory of the countries of the European Union and NATO…Technically, they may have the status of refugees or displaced persons…In reality, as Zelensky puts it, they are nothing more than combat cells, combat units, lying dormant and existing there in a kind of narcotic stupor, ready to be activated at any moment when it becomes advantageous, necessary or required”.
Following the leftist New York Times revealing yesterday: “Russia has managed to overcome sanctions and export controls imposed by the West to expand its missile production beyond prewar levels, according to U.S., European and Ukrainian officials, leaving Ukraine especially vulnerable to intensified attacks in the coming months”, this report notes, the leftist Washington Post released its war propaganda screed “Kim Jong Un’s Visit To Russia Hints At Grim Battlefield Math For Putin”, wherein it lyingly claimed: “For all the nefarious glamour of Kim Jong Un’s visit to Russia, many experts believe the visit shows the reality of grim battlefield math: The Russian army is burning through artillery shells in Ukraine at a rate it can’t sustain”—a lying claim joined by the American economic publication Business Insider more honestly reporting: “Western officials told the outlet that Russia is on track to manufacture two million artillery shells a year, which is twice as many as Western intelligence originally estimated it could make before the war…Russia, in fact, is now producing more ammunition than the US and Europe, with one senior Estonian defense ministry official telling The Times that Russia’s current production is seven times that of the West”—all of which followed Supreme Commander of the German Army Lieutenant-General Alfons Mais warning the Socialist Biden Regime before the present conflict started: “Russian resources, like the resources of the Russian army, are practically inexhaustible”.
Known to German Army Supreme Commander Lieutenant-General Mais prior to the present conflict, but ignored by the Socialist Biden Regime, this report continues, is that Russia possesses the world’s largest amount of natural resources valued at a beyond staggering over $75 trillion, and he is well acquainted with the facts documented in the article “A Little-Known But Scary Fact About Vladimir Putin”, wherein it factually reveals: “Most people think of Vladimir Putin;s background as a KGB agent…What most casual observers don’t know is that Putin has a law degree where he specialized in international trade…Secondly, he earned a PhD in economics while writing his thesis on: “Strategic Planning of the Reproduction of the Mineral Resource Base of a Region under Conditions of the Formation of Market Relations””.
Also knowing President Putin is an expert on international trade law and global economics, this report details, is Russian analyst Igor Danchenko at the American think tank Brookings Institution, who gained infamy for spreading lies about President Donald Trump concocted by Hillary Clinton, but in 2006 assessed: “Putin realized that the ultimate currency that a Russian official can have at his disposal is raw materials…He sees Russia’s mineral resources as the only ‘hard currency’ that ensures not only the economic and political security but also the very survival of Russia…Mineral resources are the ultimate insurance for overcoming any crisis, and they represent a disaster contingency plan”—and in watching while Russian natural resource “hard currency” gained global supremacy over the “fiat currencies” backed by nothing endlessly printed out by the socialist Western colonial powers, President Putin observed last year: “The economy of mythical entities is inevitably being replaced by the economy of real values and assets…The sale of global foreign reserves will soon get underway…They will be converted from weakening currencies into real resources like food, energy commodities and other raw materials…Other countries will be doing this, of course…Obviously, this process will further fuel global dollar inflation”.
As the existential global battle between “hard currency” assets versus mythical “fiat currencies” began, this report notes, President Putin truthfully proclaimed: “The future world order is being formed before our eyes…This requires listening to everyone, taking into account every point of view, every people, culture, every system of worldviews, ideas, and religious beliefs, without imposing a single truth on anyone”—a proclamation of truth joined yesterday when top Socialist Biden Regime foreign policy official Secretary of State Antony Blinken declared “the old world order is over” with his proclamation: “One era is ending, a new one is beginning, and the decisions that we make now will shape the future for decades to come”—a proclamation fully outlined in the just published United States Department of State document “Secretary Blinken Outlines the Power and Purpose of American Diplomacy in a New Era in Speech at Johns Hopkins SAIS”, wherein instead of heeding President Putin’s advice about the creation of “the future world order” by “listening to everyone, taking into account every point of view, every people, culture, every system of worldviews, ideas, and religious beliefs, without imposing a single truth on anyone”, it outlines how America intends to force the entire world to obey its will.
Immediately following Secretary Blinken declaring that “the old world order is over” yesterday, this report concludes, United States Army Pacific Commander General Charles Flynn declared to all of his military forces facing off against Russia and China: “First of all, this century is going to be defined by what actually happens in the Indo-Pacific and Asia…It is the most consequential region at the most consequential time, and it has the most consequential adversary that has both the capability and the will, and it demonstrates it every single day to conduct operations to counter the United States”—a warmongering declaration quickly countered by former top Pentagon senior advisor and decorated combat tactical legend retired US Army Colonel Douglas Macgregor Ph.D., who, in his just released open letter “War, Money, And America’s Future” warned the American peoples:
Why is the uniparty risking a war we’re so ill-prepared to fight?
When Richard Nixon lost the election to John F. Kennedy, Nixon told supporters, “I know Jack Kennedy. He’s a patriot”. Nixon knew that the nation would be safe in President Kennedy’s hands.
Most Americans do not have the same confidence in President Biden. In April 2023, fewer than four in ten U.S. adults (37 percent) said they approved of Joe Biden’s job performance as president, with six in ten saying they disapproved. By a 2-to-1 margin, American voters now believe controlling the U.S. border is more important than helping Ukraine fight Russia. For the first time in 30 years, the U.S. Government’s interest payments on the sovereign debt equal defense spending.
These revelations would shake the confidence of any White House, but there is much more for Washington and its NATO Allies to consider. Alleged efforts by the Department of State to freeze the conflict in Ukraine are dismissed out of hand in Moscow by every knowledgeable observer of the Russian government. In the absence of a freeze, Washington has no idea how to end the 600-day conflict.
Meanwhile, the Biden Administration’s sanctions continue to seriously weaken the collective West. European economies are sliding toward recession. Germany’s economy, the largest in the Eurozone, is stagnating for the third quarter in a row. In 2022, German automakers produced nearly 40 percent fewer vehicles than they did 10 years ago. In the words of one of Germany’s leading industrialists, Germany’s deindustrialization has begun.
However, it is Washington’s proxy war with Moscow and the war’s battlefield impact, combined with the economic consequences, that are shifting the balance of power in Moscow’s favor. According to open-source intelligence, Ukrainian losses suggest that Ukrainian soldiers are being killed at a rate comparable to or greater than the World War I experience, when an estimated 1.7 million soldiers in the Russian Army died from all causes in three years of fighting.
The art of war is always subject to the impact of technology and Ukraine’s war with Russia is no exception. Ukrainian soldiers are courageous, but Ukrainian forces, like U.S. and Allied NATO forces, are still organized to refight a version of World War II. This condition is a recipe for defeat against a Russian military establishment organized for 21st century warfare.
Today, Russian strike weapons—artillery, rockets, missiles, drones—linked to persistent, overhead surveillance within dense, integrated air and missile defenses create battlefield conditions like those the German army experienced in the last year of World War II. From the moment the U.S. and British-Canadian armies landed in Normandy, 5,000 U.S. and British fighter aircraft in the air over Western Europe made it impossible for German ground forces to maneuver. The entire German air force was defending German cities against U.S. and British bombers. Without tactical air cover or support, German formations could move only at night, and never in daylight.
Ukraine’s President Volodymyr Zelensky puts on a fine show of confidence, but he makes no secret of the lagging popular support in Europe and the United States for Washington’s proxy war. He knows NATO is in trouble. Frankly, the alliance was never designed to wage offensive warfare against anyone. Events in the Balkans during the 1990s began the awkward evolution that tried to transform NATO into an offensive instrument of U.S. national security strategy. Yet NATO’s forces are not prepared for high-end conventional warfare.
Predictably, voters in NATO’s thirty-two member states are questioning the wisdom of outsourcing their national security and economic health to their own and Washington’s globalist elites. Still, Europeans must soon decide whether to sacrifice what little remains of their respective national sovereignty and economic health in the name of NATO or suspend aid to the Zelensky regime and negotiate directly with Moscow. Total European contributions to the proxy war of about $167 billion are greater than Washington’s contribution.
Confronted with a weak economy, higher yields and lower prices for Treasury bonds, the Biden administration and its partner on Capitol Hill, the Washington “uniparty”, really have two choices: First, cut U.S. and Allied losses in Ukraine, reduce discretionary spending, and focus on domestic emergencies at the Southern Border and in America’s largest cities. Or second, the Administration and the uniparty can escalate the conflict with Moscow.
The White House’s announced intention to ship Army Tactical Missile Systems with a 300-kilometer range along with German Taurus cruise missiles and other strike weapons to Ukraine would seem to indicate Washington’s preference for escalation. But no one weapon system can fundamentally alter the truth that Ukrainian forces grow weaker with each passing day.
Nowhere is the potential for confrontation with Russian military power greater than in the Black Sea. Yet between September 11 and 15, Romanian, British, French, and Turkish forces together with U.S. maritime patrol and reconnaissance aircraft Poseidon, diver-engineers with boats and specialized equipment, will conduct Operation Sea Breeze 23.3 near the Danube Delta. Since commercial vessels are sailing from the Black Sea into the Danube River without Russian interference it is unclear why the exercise in the Danube Delta is necessary.
Sadly, pushing dangerous conditions to the brink of conflict is nothing new in the conduct of U.S. foreign and defense policy. After Desert Storm in 1991 and the collapse of the Soviet Union in 1992, American power and influence grew exponentially. Washington’s appetite for filling allegedly “ungoverned spaces” with American military power was insatiable. Washington was free for 30 years to intervene with American military power when and where it liked establishing new “frontiers of insecurity” in the Balkans, Southwest Asia, the Middle East, or North Africa.
The Washington uniparty (corporate oligarchs, public health officials, mainstream media, social media, deep state agencies, academia, Hollywood, and an assortment of dubious international agencies like the UN/WHO/WEF) swiftly invested trillions to advance globalization with U.S. military power. Whenever the armed forces were committed to action, a series of administrations were always ready to defer to ineffective, even failed, military commanders.
Wasteful defense spending, excessive redundancy in capability and resistance to badly needed change in force design and modernization are now revealing that the U.S. Armed Forces are ill-suited to modern high-end conventional warfare. The fighting in Ukraine demonstrates that Washington can no longer ignore the influence of geography, culture, and economics, all of which operate as constraints on the use of American military power.
The age of abundant wealth and unconstrained defense spending is nearing its end. How Washington reacts to these realities will determine America’s future.
[Note: Some words and/or phrases appearing in quotes in this report are English language approximations of Russian words/phrases having no exact counterpart.]
September 14, 2023 © EU and US all rights reserved. Permission to use this report in its entirety is granted under the condition it is linked to its original source at WhatDoesItMean.Com. Freebase content licensed under CC-BY and GFDL.