Trump Failing At Foreign Policy – Distractions From His Campaign Promises.
Wag the Dogs of War!
No Epstein Honey Trap Blackmail Sex Scandal Arrests – Ensnaring The World’s Politicians For Warmongering Pentagon MIC Complex!.
No JFK-RFK-MLK Assassination Arrests – Last Anti-War Group – Permanent War Mode Since – USAID – About Propaganda – Coups – Color Revolutions – Regime
Change – BioWeapons – War&Drug Profit$$$
No Audit Of Pentagon MIC – Trillions Missing
No Audit Of FED – Trillions In Bailouts For Too
Big To Fail-Jail Corporations & Banksters.
No Audit Of Ft Knox Gold – Going For The ‘Black’ Gold (Oil) In Middle East – Because There Is No Gold In Ft Knox – “We’re Keeping the ‘Oil’ in Syria”, Trump (2019).
Lock Her Up (2016) – Nobody Gone To Jail Yet!

Posted by: JohnF | Jun 26 2025 13:46 utc | 3

John Helmer crisply summarized why USrael so quickly surrendered. For one thing, we used up more than a year’s worth of interceptors in 10 days. Most ominously, we’ve had a real-world, reverse-action sequel to that timeless Paul Newman classic, Exodus!

In today’s Gorilla Radio discussion, Chris Cook also reports that the Iranian campaign has been so effective, it has triggered an unprecedented exodus of Israeli refugees to Cyprus and Greece, and then to the Jewish homelands – the US, Canada, UK, Germany, and Australia.
The official Israeli state admission is that almost 90,000 Israelis fled the country through December 31, 2024. The exodus this year, accelerating from June 13, is “Dunkerkian”, Cook says. For Israel and the Jewish diaspora, this war damage inflicted by Iran has reversed the national ideology of the Aliyah – that the Zionist state is the safe refuge for Jews. This is a regime-changing outcome for Israel, not for Iran.

https://johnhelmer.net/no-other-military-on-earth-could-have-done-it-has-trump-acknowledged-the-damage-iran-has-inflicted-on-israel-which-the-us-failed-to-stop-failed-to-make-israel-great-again/

Posted by: Aleph_Null | Jun 26 2025 14:02 utc | 5

Posted by: octavian61 | Jun 26 2025 13:32 utc | 1
—
Regarding the racketocracy – the NYC mayor primary sure triggered the mouthbreathers at ZH. They are screaming “commie”, “rag head”, and any other of their easily manipulated hate objects. On cue, the billionaires have threatened to leave town en masse. But where are they to go? Florida is an environmental death trap. They already despise CA as home of all things “leftie”.
I, like you, don’t think the US is a democracy. But it sure is interesting to watch the peasants who service the Wall St. elites have a “Howard Beale” “I’m mad as hell” moment. I’m sure they will pour enough money on this to drown out the fire.
The one thing that DSA has shown is that it knows how to organize. That is a lost skill that can only be reclaimed in places like NYC where on foot canvasing can work due to housing density.
Interesting times.

Posted by: john brewster | Jun 26 2025 14:52 utc | 7

Why is USD dropping so quickly versus €uro ?
Posted by: Exile | Jun 26 2025 14:43 utc | 7
—
Because betting against the dollar is paying out.

A $7.2 Billion Emerging Market Fund Amps Up Local Debt Bet
June 26, 2025 at 4:05 PM GMT+2
A manager of the world’s largest mutual fund dedicated to emerging-market bonds is scooping up local currency debt, betting the dollar’s persistent decline is far from over.
Exposure to local debt in Massachusetts Financial Services’ $7.2 billion fund has grown to more than 5% since May, more than twice the average it held over the past decade, according to portfolio manager Neeraj Arora.
Developing-nation bonds denominated in local currencies have rallied, with a gauge of the assets tracking toward its best first-half performance since 2017. The jump follows a dollar slide driven by Trump-era policies — tariffs, tax cuts, and Fed pressure — that have made investors question the long-term outlook for US markets. The dollar is down some 8% this year, with 18 out of 23 main EM currencies gaining against it.
…
The fund last held this much local debt around late 2016, when expectations for a weaker dollar ran high. At the time, US borrowing costs were a mere half percentage point, but the Federal Reserve’s aggressive rate-hike cycle derailed those bearish bets. Now, traders are once again wagering on rate cuts beginning in September, a move that could further pressure the dollar.
“We’ve had false starts like this,” Arora said. “This seems more like there’s more legs to it.”
link ==> https://www.bloomberg.com/news/articles/2025-06-26/a-7-2-billion-emerging-market-fund-amps-up-local-debt-bet

Posted by: too scents | Jun 26 2025 14:54 utc | 9

Posted by: john brewster | Jun 26 2025 14:52 utc | 7
Are they rebooting the redscare ? It seems… Is it on purpose ? It seems … Are the NYC Jews gonna start Kibbutz ? It seems not …

Posted by: Savonarole | Jun 26 2025 15:18 utc | 11

Posted by: Erik Nervik | Jun 26 2025 15:22 utc | 12
Crazy isn’t it? For all the insults against NATO tech, their planes had no issue rampaging over the skies of Iran. Meanwhile, like you said, Russia doesn’t dare fly planes too close to Ukrainian controlled air space.

Posted by: bored | Jun 26 2025 15:26 utc | 13

Posted by: John Schoonover | Jun 26 2025 15:04 utc | 10
And the prize goes to John for getting it right.
Here:
https://bsky.app/profile/downtownjoshbrown.bsky.social/post/3lqi73wbvdk2k
But just because it is happening doesn’t mean what ideologues thinks it means. Most people think it’s China that swaps their $’s they make from trade into US treasuries ( not funding the US government I might add) but it isn’t Europe held the most.

Posted by: Sun Of Alabama | Jun 26 2025 15:36 utc | 15

Glad to see the market indexes getting more attention.
For those that want a quick brief on the effect of debt on an economy, here’s Ray Dalio’s piece that got posted into Forum Geopolitica. It’s mostly intelligible to the layman, fairly authoritative, and in my view, fairly accurate.
This explains why exile (above and many posts elsewhere) keeps attention focused on the Fed Gov’t interest rate – e.g. what the Fed has to pay in order to get people to lend the U.S. money.
Exile thinks that the interest rate is going to increase sharply at some point in next year or two, and Ray Dalio’s piece explains what the impact of that rate increase will be. [exile, pls set me straight if I mis-interpreted your meaning]
This next article, entitled “Many investors remain unaware of the scale of the unfolding bond crisis” ties into the points too scents and John Schoonover made, above.
The article helps explain why the debt markets aren’t moving (responding to) the unfolding geopolitical events as one -such as us august MoA barflies – might expect.
PeterAU1 said yesterday that “it’s because they’re getting the alls-well signals from MSM.” Looks like we’ve got some confirmation that such is the case.

Posted by: Tom Pfotzer | Jun 26 2025 15:36 utc | 17

Exile 6 … et al
Why are satoshis rising so quickly against… everything?!
Housing is on the chopping block to be demonetized in many jurisdictions … gonna be very crazy if satoshis current trajectory continues … especially if the masses are also seizing/squatting property in places like NYC … add in a dash of demographic cliffs … remember, “can’t taper a ponzi “, not least a debt-levered, highly illiquid one (someone made the comment on an earlier thread that commercial real estate would be the first domino falling)

Posted by: E | Jun 26 2025 15:41 utc | 19

Why is USD dropping so quickly versus €uro ?
Posted by: Exile | Jun 26 2025 14:43 utc | 6
Peace?
Could it be possible that China has pledged their US treasury bonds with western banks as collateral and collected the money without upsetting the market?

Posted by: Michael J | Jun 26 2025 15:48 utc | 21

The US dollar is losing importance in the global economy – but there is really nothing to see in that fact.
Here:
https://billmitchell.org/blog/?p=62619
That’s the absolute truth.
Still won’t stop the ideologues, who will most definitely end up in my wall of shame at some point, from getting over excited.
The Crux of the issue is so obvious ..
“What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.”
-Warren Buffett
An inability to learn, when the facts change, prior conclusions remain the same.
¯\_(ツ)_/¯

Posted by: Sun Of Alabama | Jun 26 2025 15:50 utc | 23

SoA
Speaking of an “ inability to learn, when the facts change, prior conclusions remain the same.” :
Warren Buffett also called satoshis “rat poison squared” in 2018, has he changed yet?!

Posted by: E | Jun 26 2025 15:56 utc | 25

Tom P.
Thanks for remebering 🙂

Posted by: Exile | Jun 26 2025 16:00 utc | 27

Posted by: Tom Pfotzer | Jun 26 2025 15:36 utc | 17
Ray Dalio ….
Ha, ha, ha, hilarious Reuters and the economist on steriods.
” what the Fed has to pay in order to get people to lend the U.S. money ”
LOL!!!!!!!! PMSL !!!!!!!!!!!
They don’t need $’s they issue the $ from thin air. Ray as always thinks the US government is a household and either has to tax or borrow to earn $’s.
The truth – It’s just a reserve drain.
The real kicker is Ray Dalio would be 100% right if he was talking about Germany, France Holland or any Euro using country. Then his complete and utter bullshit would make sense.
Because Germany, France Holland etc etc that use the Euro are at the will of the bond vigilantes. They do have to borrow or tax to raise funds because they all now use a foreign currency and give up their fully sovereign fiat currencies.
Unless, of course the ECB just steps in and buys them and stops the interests rates spiralling out of contro!.
There you have the neoliberal control mechanism.
YOU will drive down wages, YOUR deficit will not go above 3% of GDP. YOU will sell off your public services. YOU will increase your retirement age. YOU will export your way to growth etc, etc, etc..
No we won’t…
We won’t buy your bonds then… The bond vigilantes will eat you alive.
Okay then.
Italy … Can tell you all about it in minute detail, so can Greece and the PIGS.
https://americanaffairsjournal.org/2021/05/the-eternal-return-of-technical-government-in-italy/
Italy Is not the US, UK, Japan, Russia, Australia they are full monetary sovereign and issue their own currencies.
Ray Dalio thinks they are all the same. He’s always been a complete and utter clown.
What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.”
-Warren Buffett

Posted by: Sun Of Alabama | Jun 26 2025 16:16 utc | 29

28 Roland
The Chinese also banned ASIC miners in 2021 … did satoshis invention die as a result?

Posted by: E | Jun 26 2025 16:23 utc | 31

Tabbi was always a Yachtsman.
Posted by: too scents | Jun 26 2025 15:37 utc | 18
—-
Apparently, he has been bought.

Owned: How Tech Billionaires on the Right Bought the Loudest Voices on the Left, a new book by the journalist Eoin Higgins, is an attempt to understand how a collection of unimaginably wealthy, increasingly angry titans of technology and finance were able to acquire loud allies among journalists who had, until relatively recently, been largely associated with the political left.
Both of these main characters became uncomfortable in the liberal media around the time of “Russiagate,” a sprawling, incomprehensible liberal conspiracy theory that blamed Trump’s 2016 victory on Russian state malefactors. Both were deeply skeptical of the theory, while major left-leaning outlets like MSNBC, where Greenwald had once been a greenroom fixture, went particularly big on it. Ironically, however, both Greenwald and Taibbi took an almost conspiratorial view of the media’s commitment to Russiagate, treating the dissemination of the theory as a media conspiracy in and of itself, with Taibbi going so far as to compare it (with caveats, to be fair) in scale to the “WMD affair heading into the Iraq war” rather than as desperate wish-casting by liberals for some explanation, any explanation, for the election of Trump. Both men found friendlier audiences at Fox, where Greenwald became a regular guest of Tucker Carlson, and eventually as far abroad as the hair-sprayed Technicolor studios of Newsmax.
– What’s the Matter with Glenn Greenwald and Matt Taibbi?

Once again, the TDS has driven leftwing voices to the right.

Posted by: john brewster | Jun 26 2025 16:27 utc | 33

@E
I wrote you an answer but some algorithm censored it. Figures! Probably because the phrase “b*ying dr*gs on t 0 r” was in there. 😛

Posted by: Roland | Jun 26 2025 16:39 utc | 35

Posted by: Sun Of Alabama | Jun 26 2025 16:16 utc | 29
What makes you think the UK or Aust are sovereign in real life. No way that the US allows these countries to decide the fate of their own currency. It is all decided behind closed doors or in Australia’s case , the Reserve Bank. The latter is supposed to be totally independent of government and all govs at least since 1995 go to great lengths to tell us so. So does all our media.
In practice, it is not independent at all. It is run by corporate interests just like the US Fed is. So no,Aus is not sovereign with regards to Currency. Some indirect Corroborating evidence? Look at the growth of Aus dollar compared to US prior to 2008? Aus was doing well, no need for the GFC, but was forced to take a hit so the US looks better. We were forced to lower interest rates so that the US could retain capital with its interest rates being still” high” .

Posted by: Total | Jun 26 2025 16:43 utc | 37

shawdowbanning… sigh
35 Roland… if you are trying to put the fear of the local authority in me, I’m afraid that I’ve already “confessed” to the most nefarious thing I could possibly do with my satoshis in this jurisdiction:
Avoid the housing ponzi/cult!
I hope this doesn’t embarass b too much, but here is a link where he poo-poos satoshi donations in 2017:
B refuses satoshis
I think it was about 2011 or 2012 when I first ignored satoshi , but eventually got serious about investigating satoshis invention some years later

Posted by: E | Jun 26 2025 16:54 utc | 39

@E
Cmon man. You’re just like a kid that regrets some decision made or not made years ago.
The real estate market is overvalued, all right. ALL assets are overvalued. Western capital is desperately seeking “opportunities” to invest but has largely abandoned actually building factories and producing stuff. So all this money ever more concentrated in fewer hands needs to go somewhere and so rich people buy assets, and so the price for assets rises. It’s just ironic that some crypto fans or goldbugs can see part of the problem but not the whole picture.
Instead of talking about these more interesting, systemic issues you just spout “bet you wish you invested in XY years ago!! huh! huh!”. It’s a simpleton’s behaviour. And that’s the last I will say about that today.

Posted by: Roland | Jun 26 2025 17:03 utc | 41

A buddy of mine was super big on satoshi‘s in the 2011-2014 period. Promoted all over social media like mad. We spoke a lot about the topic. He put his lige savings into satoshis. Self-employed. In 2015 or so, he scrubbed everything and went dark. I bumped into him a couple of years ago at a party. He quietly begged me not to say word to anyone about satoshi……
By my reckoning he’s worth north of $500 million, maybe even $1 billion.
He super straight and follows all the rules. So his tax bill must now be insane.

Posted by: Exile | Jun 26 2025 17:05 utc | 43

Karlof1 38
But will this touted “new political space” be the same as the old ones in regard to the below comment from 2017 donation page:
@b: “I do not do [satoshis] because I know how IT works”
Problem with Credit Cards, Paypal, etc. is that it’s a very easy trail to track and pinpoint (name, address, …). For a bank IT employee it’s a simple query and that’s just a lone individual. In the case of Assange these services also blocked donations so they’re controlled by politics. With shadow brokers, ransom ware, etc. digital currencies seemed anonyous… . It seems I do not know IT enough as I don’t see why digital currencies are no good ([satoshis]’s message was already deleted so don’t know what he wrote).
Posted by: xor | May 19 2017 21:27 utc | 14
IOW, will politics continue to trump/control/censor/etc transactions? Who writes these transactions rules other than the digital behemoths and east/west empires?! (particularly as we hurtle into the intended total-surveillance digital money age and the continual pressing of identity verification of all network activities)

Posted by: E | Jun 26 2025 17:13 utc | 45

Something to consider. The wheels within wheels part of foreign arms purchases. In 2025, if you’re buying from Russia or China, you’re buying into a non-Western software and ISR space.
It’s not just that you’re not buying French or American. Your military speaks and operates in a different (technological) language and with a different operational filter.
I was thinking about Iran checking out Chinese J-10 planes yesterday, and it got me thinking about how Egypt recently bought a bunch of them and did drills with the Chinese military.
As decoupling goes, having equipment that can only be supported by China is quite substantial. That has all kinds of soft power effects, training together, Chinese engineers and military professionals in your country, training your guys.
Are the effects of this decoupling in the Global South going to yield a big change immediately? Probably not, but it is the sign of a trend. Pakistan also flies J-10s and uses powerful Chinese air-to-air missiles (PL-15). Egypt, Pakistan, maybe Iran.
All netcentric using Chinese ISR, which may be quantum communications now, is unhackable.
Russian tech is also designed to be netcentric in ways the West hasn’t mastered yet.
Again, this isn’t about one skirmish. This is the shape of things to come. Where will global miltech be in 5, 10, or 15 years?

Posted by: LoveDonbass | Jun 26 2025 17:23 utc | 47

“Florida is an environmental death trap” you say, John Brewster. Hee Hee. Like the sticker I saw on the rear window of a Suburban recently, “FLORIDA IS FULL!” Yet it’s still build, build, build. Everywhere. North, south, central.
This place is paradise. Build a concrete house that withstands hurricanes, get an RO water system, and live in paradise 365. But yeah we’re gonna sink into the sea soon from global warming so please don’t come.

Posted by: cc | Jun 26 2025 17:38 utc | 49

@ Tom Pfotzer | Jun 26 2025 17:10 utc | 44
Very good post, if I may offer one alteration, substitute the word “money” for the word “currency” as that is what the US FedRes (or indeed any other central bank) prints/issues.
This something our friend @SoA refuses to acknowledge, the conceptual differences between the two terms.
While I’m at it, his (or rather the stuff he copypastes from other monetary refuseniks) theories won’t work anyway, there is always going to be an energy debit that isn’t accounted for, and that is because economic/financial wonks don’t like messy, dissipative systems that don’t net out to zero.

Posted by: Jeremy Rhymings-Lang | Jun 26 2025 17:47 utc | 51