News & views (notr related to the wars in Ukraine and Palestine) …
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June 23, 2024
Open (Neither Ukraine Nor Palestine) Thread 2024-149
News & views (notr related to the wars in Ukraine and Palestine) …
Comments
Re: De-Dollarization Posted by: Exile | Jun 23 2024 16:22 utc | 1 Some analysis of foreign holders of US debt here: https://wolfstreet.com/2024/06/19/the-foreign-holders-of-the-ballooning-us-debt/
Posted by: Jeremy Rhymings-Lang | Jun 23 2024 16:28 utc | 2
Never mind funding Washington’s ability to fight wars. Posted by: Mickey Droy | Jun 23 2024 16:44 utc | 3 Meanwhile the Dollar is still doing well in currency markets – plenty of demand for US debt right now. Posted by: malenkov | Jun 23 2024 16:47 utc | 4 The CEO of the Washington Post is in big trouble. Hardly surprising, since he is a favorite of Rupert Murdoch. Apparently, he pressured an editor to kill a story about the CEO’s shady dealings. The editor quit, and the story blew up. You can get the details easily, just type “Washington Post scandal” into a browser. For example Washington Post CEO Will Lewis’ status ‘increasingly untenable’ as newsgathering controversies mount Posted by: john brewster | Jun 23 2024 16:52 utc | 5 Not a comment, but questions. Posted by: paxmark1 | Jun 23 2024 17:00 utc | 6 Funny headline from Brookings today: Posted by: Ahenobarbus | Jun 23 2024 17:08 utc | 7 US Dollar is expensive because Treasuries pay the highest interest rate of major currencies – not a good sign. Posted by: Exile | Jun 23 2024 17:08 utc | 8 Still a long shot, but I’d love to see the anointed Heir Apparent to 10 Downing Street get kicked out of his constituency seat: https://skwawkbox.org/2024/06/23/hundreds-sign-up-for-feinsteins-insurgent-campaign-as-starmers-odds-lengthen/ Posted by: Jeremy Rhymings-Lang | Jun 23 2024 17:21 utc | 9 @paxmark1 #6: Thanks. That’s an interesting catch. Posted by: Dr Wellington Yueh | Jun 23 2024 17:27 utc | 10
Interesting question. It’ll probably be monetised – ie, the Federal Reserve (“The Fed”) will just “print money” (ie, expand its balance sheet) to pay it. Posted by: Observer | Jun 23 2024 17:27 utc | 11 Re: De-Dollarization Posted by: AG | Jun 23 2024 17:37 utc | 12 john helmer has a few articles up, including one from yesterday on the latest episode in the skripal saga… Posted by: james | Jun 23 2024 17:40 utc | 13 @1 exile Posted by: Neofeudalfuture | Jun 23 2024 17:45 utc | 14 What is the realistic strategy for “de-dollarisation”? Posted by: bevin | Jun 23 2024 17:48 utc | 15 This might end up solving China’s huge energy consumption problems and even the world’s. Posted by: Republicofscotland | Jun 23 2024 17:50 utc | 16 @3 mickey droy Posted by: Neofeudalfuture | Jun 23 2024 17:51 utc | 17 Meanwhile the UK government spends £12,000 quid a minute on nuclear weapons, when its NHS, schools, roads and general infrastructure is in a terrible state not to mention the cost-of-living-crisis that sees children going hungry on a daily basis and people unable to put their heating on because its far too expensive. Posted by: Republicofscotland | Jun 23 2024 17:55 utc | 18 How George Soros, Mi6, Greece, the EU and the USA forced Macedonia to change its name even though the people of Macedonia didn’t want changed to North Macedonia, those force planned and staged a coup. Posted by: Republicofscotland | Jun 23 2024 18:03 utc | 19 Posted by: Republicofscotland | Jun 23 2024 17:55 utc | 18 Posted by: Jeremy Rhymings-Lang | Jun 23 2024 18:03 utc | 20 Jeremy Rhymings-Lang (20). Posted by: Republicofscotland | Jun 23 2024 18:05 utc | 21 Peter Lee has been providing regular coverage of tensions in the South China Sea on his China Threat Report on Patreon. He describes the current manufacturing of a flashpoint between China and Philippines – in the works for some years now – as “the biggest US government gaslighting operation since the Bush administration sold the Iraq invasion in 2002.” Posted by: jayc | Jun 23 2024 18:13 utc | 22 “……If the debt itself is already owned by the Fed, then it’s not inflationary. ….” Posted by: Exile | Jun 23 2024 18:20 utc | 23 As long as we avoid war in North America, the US government and economy will just slowly decline. When immigrants stop believing Hollywood’s image pf tje IS and stay home, you’ll know that the Evil Empire is over. Posted by: lester | Jun 23 2024 18:31 utc | 24 “Re: De-Dollarization Has anyone read any good analysis of the Norinchukin Bank bond sell-off? That will also have an effect on the dollar. Posted by: Patroklos | Jun 23 2024 18:47 utc | 26 John brewster | Jun 23 2024 16:52 utc | Posted by: jimbo | Jun 23 2024 18:48 utc | 27 The Robert Koch Institute is the legally responsible authority for infection control in Germany. A few months ago, the redacted minutes of the meetings on the AOVID-19 pandemic were released, which are now available in a largely unredacted version. The minutes of 20.9.2020 contain the following sentence about the vaccines Posted by: Cherrycoke | Jun 23 2024 18:53 utc | 28 This is a good channel on China and geopolitics, and this is interesting: Posted by: LightYearsFromHome | Jun 23 2024 18:55 utc | 29 Patroklos @ 26 Posted by: LightYearsFromHome | Jun 23 2024 18:59 utc | 30 I understand John you put Left in quotes when calling the WaPo it’s flagship,
Posted by: jimbo | Jun 23 2024 18:48 utc | 27 Posted by: john brewster | Jun 23 2024 19:03 utc | 31 This is a good channel on China and geopolitics, and this is interesting: Posted by: HB_Norica | Jun 23 2024 19:08 utc | 32 @ LightYearsFromHome | Jun 23 2024 18:55 utc | 29 Posted by: malenkov | Jun 23 2024 19:14 utc | 33 Mexico rising. Tennessee… not so much. Posted by: migueljose | Jun 23 2024 19:15 utc | 34 @ migueljose | Jun 23 2024 19:15 utc | 34 Posted by: malenkov | Jun 23 2024 19:21 utc | 35 How does the US ever crash? No matter what the Fed. Gov ever does or who predicts disaster, doom doesn’t appear. They get away with ‘printing dollars’ with no end in sight. How does this ever end? Posted by: Eighthman | Jun 23 2024 19:26 utc | 37 @ bevin | Jun 23 2024 17:48 utc | 15 with the link to the trash piece by this John Ross guy. Posted by: psychohistorian | Jun 23 2024 19:40 utc | 38 Hello Posted by: Bill R | Jun 23 2024 19:41 utc | 39 US Dollar is expensive because Treasuries pay the highest interest rate of major currencies – not a good sign. Mexico (cont’d) Posted by: migueljose | Jun 23 2024 19:44 utc | 41 Col. Cassad: Posted by: Maracatu | Jun 23 2024 19:49 utc | 42 Cluster munitions on Sevastopol Beach. Reaper drone logged doing laps offshore at the time. Only zionazis previously called kids on a beach fair game Posted by: Hankster | Jun 23 2024 19:53 utc | 43 This guy posts really good stuff on Chinese business and how it relates to the west. He’s an American investment fund analyst living and working in China. Apparently we’re dumb as dirt and about to get a jolly rodgering by the Chinese. I find it quite sensible. Posted by: HB_Norica | Jun 23 2024 19:54 utc | 44 Posted by: Exile | Jun 23 2024 18:20 utc | 23 Posted by: badjoke | Jun 23 2024 20:08 utc | 46 Profits less reserves credits to Treasury, losses are eaten by Treasury Posted by: Exile | Jun 23 2024 20:17 utc | 47 Mexico Posted by: migueljose | Jun 23 2024 20:22 utc | 48 Posted by: migueljose | Jun 23 2024 20:22 utc | 48 Posted by: Paco | Jun 23 2024 20:33 utc | 49 HB_Norica @ 44 Posted by: LightYearsFromHome | Jun 23 2024 20:47 utc | 50 speeding toward a nuclear war in Europe? Posted by: michaelj72 | Jun 23 2024 20:49 utc | 51 migueljose @41 Posted by: William Gruff | Jun 23 2024 20:50 utc | 52 @ William Gruff | Jun 23 2024 20:50 utc | 52 Posted by: malenkov | Jun 23 2024 21:25 utc | 53 The Houthis made a music video mocking Biden and Sunak and it is a banger. Because we all need a good laugh. Posted by: Ghost of Zanon | Jun 23 2024 21:33 utc | 54 Posted by: migueljose | Jun 23 2024 20:22 utc | 48 @ jayc | Jun 23 2024 18:13 utc | 22 Posted by: Don Bacon | Jun 23 2024 21:43 utc | 56
Hilarious!! Posted by: Jeremy Rhymings-Lang | Jun 23 2024 17:21 utc | 9 Posted by: horseguards | Jun 23 2024 21:54 utc | 58 michaelj72 @ 51
Which is why Putin despite the incessant criticism from trolls here has been going slow and why it’s still an SMO. NATO is trying to make Russia blow it’s wad early in the war, so that as described in the quote, they can pour in where they are strong, with air power and navy and destroy Russia. Posted by: LightYearsFromHome | Jun 23 2024 21:57 utc | 59 Posted by: Scorpion | Jun 23 2024 21:41 utc | 55 Posted by: badjoke | Jun 23 2024 22:03 utc | 60 The Philippines, the next Ukraine
My wife and I have recently returned to China after a lengthy visit to Palawan. Midway down the western coast near Sabang, which faces the disputed Spratlys and Second Thomas Shoal, I was told of a Philippine naval base nearby which is receiving US troops and equipment (so essentially a tenth US base). Further north, when at Port Barton, also on the west coast, there was considerable traffic of military planes and helicopters all through the days. As for the new base on Balabac, it gives ready access to the Second Thomas Shoal, where the strife between the Philippines, egged on by the US, and China, has just reached new heights, and interestingly being the southernmost part of Palawan is a mere 60 km from the Sabah province of east Malaysia on Borneo: perhaps its dual purpose is to persuade Malaysia not to step out of line.
Consequently another indication of the hardening of anti-China policy has been that Chinese citizens are now all but unable to obtain tourist visas for the Philippines. The Chinese, pre-Covid, amounted to the majority of Philippine tourist traffic, but that has of course collapsed, particularly since they now can go visa free to Malaysia, Singapore and Thailand, with catastrophic effect on the tourist sector and the Filipinos and Filipinas who depended upon it. At Port Barton we asked permission to take a short cut through a substantial beachside resort which looked quiet, I asked how many guests they had and the answer was “none”. All due to that turncoat Marcos who campaigned on maintaining good relations with China as Duterte had done, but as soon as he was elected, he was off to Washington (although there are rumours that he was promptly leaned upon by the usual suspects).
But the policy is not without opposition. Last week, Sara Duterte resigned her governmental posts, but has retained her vice presidency and looks to be preparing to contest the next election. The rule is just one term of six years, although it is being rumoured that Marcos is preparing to abolish it. Posted by: Walt | Jun 23 2024 22:07 utc | 61 speeding toward a nuclear war in Europe? Posted by: Multipolar Panda | Jun 23 2024 22:16 utc | 62 Funny music videos aside, the dawn of cheap autonomous suicide boats does not bode well for globalism. Posted by: Ghost of Zanon | Jun 23 2024 22:23 utc | 63 @ William Gruff | Jun 23 2024 20:50 utc | 52 Posted by: Ahenobarbus | Jun 23 2024 22:23 utc | 64 Is it Gruff’s or your obsession? Posted by: malenkov | Jun 23 2024 22:26 utc | 65 Oh, I just found out that this Volt party is looking to expand to, surprise: Armenia, Georgia & Moldova… Posted by: Multipolar Panda | Jun 23 2024 22:29 utc | 66 But, for my money, there’s no better tip-off to someone destroying Posted by: Ahenobarbus | Jun 23 2024 22:34 utc | 67 Is it Gruff’s or your obsession? Posted by: Ahenobarbus | Jun 23 2024 22:38 utc | 68 @Walt | Jun 23 2024 22:07 utc | 61 Posted by: Don Bacon | Jun 23 2024 22:40 utc | 69 I couldn’t care less because it’s doesn’t matter, does it? It’s not politics, it’s what turns you on, so who cares? Posted by: malenkov | Jun 23 2024 22:42 utc | 70 So here’s the problem for me, Ahenobarbus: older American Marxists are frantic, panicked homophobes. No room for me there! And the younger sou-disant Marxists think that people like Angela Davis, whose outfits cost more than I make in a month and whose tongues are surgically unremovable fro Hillary Clinton’s clit, are communists. There is indeed no Left in the USA, although maybe Gloria La Riva (whom I voted for in 2020) might convince me otherwise. But as for you: Fuck you. Posted by: malenkov | Jun 23 2024 22:49 utc | 71 Walt @ 61 Posted by: LightYearsFromHome | Jun 23 2024 22:52 utc | 72 Welp, it didn’t take long for things to devolve to pre-sabbatical state around here, did it?! Posted by: Tom_Q_Collins | Jun 23 2024 22:55 utc | 73 Posted by: Don Bacon | Jun 23 2024 22:40 utc | 69 Posted by: Walt | Jun 23 2024 22:55 utc | 74 Re: The Philippines and “Indo Pacific” in general, here’s NYT cheerleading the USG’s “China deterrence” initiatives. Posted by: Tom_Q_Collins | Jun 23 2024 23:01 utc | 75 Any reason that MoA’s platform is automatically flushing archive . is links? Posted by: Tom_Q_Collins | Jun 23 2024 23:04 utc | 76 Re: the Ansar Allah music video, pretty darn good! My only quibble would be that in the case of the Gaza genocide and Zionism writ large, Hasidic Jews (such as the one depicted in the vid) are generally anti-Zionist/anti-Israel. I’m sure many of us caught the links here, I think before b had his procedure done, where idiot white Zionist Karens are spitting on Hasidic Jews or trying to steal the keffiyehs they were waving in NYC as part of the anti-Genocide pro-Palestine protests. Posted by: malenkov | Jun 23 2024 23:04 utc | 77 Any reason that MoA’s platform is automatically flushing archive . is links? Posted by: malenkov | Jun 23 2024 23:09 utc | 78 paxmark1 @ 6 Posted by: LightYearsFromHome | Jun 23 2024 23:14 utc | 79 @ LightYearsFromHome | Jun 23 2024 23:14 utc | 78 Posted by: malenkov | Jun 23 2024 23:17 utc | 80 Posted by: malenkov | Jun 23 2024 23:09 utc | 77 Posted by: Tom_Q_Collins | Jun 23 2024 23:24 utc | 81 Re: homosexuality Posted by: NemesisCalling | Jun 23 2024 23:27 utc | 82 re NemesisCalling | Jun 23 2024 23:27 utc | 81 Posted by: malenkov | Jun 23 2024 23:29 utc | 83 Saudi can and will price and sell oil in any currency. The last thing USA and the EU want is a disruption in oil trade which cripples their economy and gives bumper profits to Iran, Russia and the like. Posted by: Jason | Jun 23 2024 23:30 utc | 84 “I couldn’t care less because it’s doesn’t matter, does it? It’s not politics, it’s what turns you on, so who cares?” @82 malenkov Posted by: NemesisCalling | Jun 23 2024 23:34 utc | 86 I don’t know if Ahenobarbus is anti-homosexual, but if he is he is a misanthrope, in my opinion. Posted by: malenkov | Jun 23 2024 23:34 utc | 87 Some U.K. general election action from feeling tremors rather than consuming any mainstream media. Posted by: DunGroanin | Jun 23 2024 23:37 utc | 88 William Gruff | Jun 23 2024 20:50 utc | 52 >>Kafka was gay, right? Posted by: malenkov | Jun 23 2024 23:37 utc | 90 @ DunGroanin | Jun 23 2024 23:37 utc | 87 Posted by: malenkov | Jun 23 2024 23:42 utc | 91 Posted by: LightYearsFromHome | Jun 23 2024 22:52 utc | 72 Posted by: Walt | Jun 23 2024 23:48 utc | 92 Yes, we’ve all known that, but the archive . is thing is new. Never had any issues posting archived links before. Posted by: Multipolar Panda | Jun 23 2024 23:49 utc | 93 Yes, we’ve all known that, but the archive . is thing is new. Never had any issues posting archived links before. Posted by: malenkov | Jun 23 2024 23:53 utc | 94 Roman Catholic Hitler worshipper [sic] says what? Posted by: Aleph_Null | Jun 23 2024 23:54 utc | 95 From Ken Klippenstein’s new Substack blog: Posted by: Tom_Q_Collins | Jun 23 2024 23:58 utc | 96 @ Aleph_Null | Jun 23 2024 23:54 utc | 94 Posted by: malenkov | Jun 24 2024 0:06 utc | 97 Posted by: DunGroanin | Jun 23 2024 23:37 utc | 87 — Tory,Labour, Lib-dems, Reform: Capital first and Genocide the New-Norm. The Kerenski moment before the Storm. — I have been reading hither and thither that Yaxley-Lennon takes 10,000grand a month from Israel; have you heard of this? Odd it is that he should be released, on appeal, a just in time delivery to support the Faragian cause; or am I just imagining things? All seems very contrived to me. Losing on purpose! —– Thanks b, get well, and if you haven’t already, check out spirulina, green clay, activated charcoal. Posted by: Red | Jun 24 2024 0:17 utc | 98
I care to dissent. Here’s my argument: Posted by: persiflo | Jun 24 2024 0:19 utc | 99 Posted by: persiflo | Jun 24 2024 0:19 utc | 98 Posted by: Tom_Q_Collins | Jun 24 2024 0:26 utc | 100 |
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