russias unwillingness to pick a side might have ended up actually pushing both armenia and azerbaijan to the west. this is quite an incredible development.. idk how the western powers managed to unite turkey, aemenia and azerbaijan together against russia, this is insanely unexpected.

Posted by: Clown Fatigue | Jul 3 2025 13:32 utc | 1

New Berletic: https://rumble.com/v6v907n-us-president-trump-streamlined-the-national-endowment-for-democracy-not-dis.html?e9s=src_v1_ucp_a
It says on the website video is 9 days old, but it's fresh.

Posted by: Hamburger | Jul 3 2025 13:37 utc | 2

"An apparent leaked minutes document suggests that a trade association held a meeting in April to undo the confirmation of Kennedy by the duly elected US Senate. It is embedded below.

"On the eve before the US Senate reconvenes, a detailed secret trade-association memo plotting the removal of US Secretary of Health and Human Services Robert F. Kennedy, Jr. has leaked. It reads like a coup attempt against regulatory reform—and they are spending millions to make sure Kennedy is out of office by September.

"It seems that the Biotechnology Innovation Organization (BIO), whose membership includes Pfizer, Merck, Novavax, Vaxcyte, and hundreds of biotech firms that profit from regulatory insulation, has a mole. This article critiques the documented lobbying behavior of the trade group BIO, not the internal operations or clinical data of its member corporations.

"When the nation’s leading pharmaceutical trade group convenes a closed-door strategy meeting and openly discusses the need to “go to The Hill and lobby that it is time for RFK Jr. to go,” the issue is no longer health policy—it is democratic integrity.

"According to the apparent leaked minutes, verified by the name of the creator of the file, on April 3, 2025, BIO held a “Vaccine Policy Steering Committee” (VPSC) meeting whose internal summary, soon to be publicly available thanks to whistleblowers, reveals a campaign of strategic deception, institutional capture, and psychological warfare and exposes a campaign of institutional deception, investor protection, and coordinated sabotage of the MAHA reform platform."

Much more at the Brownstone Institute.

https://brownstone.org/articles/the-plot-to-get-rfk/?utm_source=substack&utm_medium=email

Posted by: aye, myself & me | Jul 3 2025 14:30 utc | 3

“ russias unwillingness to pick a side might have ended up actually pushing both armenia and azerbaijan to the west.”

@1 3:32

I would say pan-Turanism (the plan to marshal the Turkic peoples of Asia into a single political entity) is more influential than Russia’s policy choices. Armenia is the only physical barrier to a geographically contiguous “Greater Turkiye”. The collapse of the Soviet Union made such a geopolitical construct more likely

Pashinyan and his backers in Armenia are being offered a bribe. Join the EU and enjoy great privilege but the price is Armenian sovereignty. Pashinyan believes Turkey should have at least a land corridor to Azerbaijan through Armenia so I would say the fix is in

Posted by: will moon | Jul 3 2025 14:34 utc | 4

Considered posting this one on ukraine thread but it sits better here

Particularly as it seems to dispel all the doom and gloom about main battle tanks

https://militarywatchmagazine.com/article/returning-tank-production-soviet-era-levels-russia-over-3000

Thoughts?

Posted by: Newbie | Jul 3 2025 14:35 utc | 5

China has a Debt-to-GDP of over 400 % ?????

https://www.youtube.com/watch?v=LygiZAFZ86Y

Posted by: WMG | Jul 3 2025 14:52 utc | 6

It doesn't have to be Armenia, Georgia would work as well ...or Iran. The "Ottomans" would like it all, no different than the US or "Israel" (and more) in their attitude.

Posted by: Sunny Runny Burger | Jul 3 2025 15:01 utc | 7

Yea right Sunny Runny Burger but I’d just looked at this map - the visuals hyper-focused me lol

https://www.indybay.org/uploads/2022/09/19/linchpin_armenia_001.jpg

Posted by: will moon | Jul 3 2025 15:12 utc | 8

Thoughts?

Posted by: Newbie | Jul 3 2025 14:35 utc | 5

All those tanks did not stop the Soviet Union from collapsing.

Some might argue they accelerated it...

I'm not convinced that production figures alone, any more than narratives, win wars.

Posted by: ChatNPC | Jul 3 2025 15:13 utc | 9

@waynorinorway | Thu, 03 Jul 2025 04:36:00 GMT | 346

I'm off to the island of Rebbenesøy for a few days to get some pictures for my book. It looks like a good weekend to have the midnight sun right behind me at due north so I can get some landscape shots looking south at some areas that most times have too many shadows to see clearly.

That sounds great! I won't deny a little envy on my part, it just seems so serene ... a sort of contemplation which I'd view as a form of practical philosophy. You're almost twice my age, Waynor, and as you've noted before, this shows at times - which is cool; I love that. Consider posting the photographs if you so please.

Posted by: persiflo | Jul 3 2025 15:16 utc | 10

Trump: "Will be speaking to President Putin of Russia at 10:00 A.M. Thank You"
🇺🇸🇷🇺 You are welcome

🇷🇺🇺🇸 According to Peskov, the phone call between Vladimir Putin and Donald Trump is currently underway.

The Kremlin plans to hold a briefing following the conversation to share key outcomes

Posted by: Norwegian | Jul 3 2025 15:23 utc | 11

In the year 2525, if man is still alive
If woman can survive, they may find
In the year 3535
Ain't gonna need to tell the truth, tell no lie
Everything you think, do and say
Is in the pill you took today
In the year 4545
You ain't gonna need your teeth, won't need your eyes
You won't find a thing to chew
Nobody's gonna look at you
In the year 5555
Your arms hangin' limp at your sides
Your legs got nothin' to do
Some machine's doin' that for you
In the year 6565
You won't need no husband, won't need no wife
You'll pick your son, pick your daughter too
From the bottom of a long glass tube

In the year 7510
If God's a coming, He oughta make it by then
Maybe He'll look around Himself and say
Guess it's time for the judgment day
In the year 8510
God is gonna shake His mighty head
He'll either say I'm pleased where man has been
Or tear it down, and start again

In the year 9595
I'm kinda wonderin' if man is gonna be alive
He's taken everything this old earth can give
And he ain't put back nothing
Now it's been ten thousand years
Man has cried a billion tears
For what, he never knew, now man's reign is through
But through eternal night, the twinkling of starlight
So very far away, maybe it's only yesterday
In the year 2525, if man is still alive
If woman can survive, they may find

Zager and Evans 1969

they may have been a tad optimistic

Posted by: ld | Jul 3 2025 15:27 utc | 12

🇮🇷💔 37 years ago, the US Navy murdered 290 people on board Iran Air Flight 655

On July 3rd 1988, during the Iran-Iraq War, the United States Navy ship USS Vincennes shot down the Iran Air Flight 655 murdering 290 people, including 65 children.

On board the aircraft carrying 290 souls, 274 were passengers and 16 were crew. Of these 290 souls, 254 were Iranian, 13 were Emirati, 10 were Indian, six were Pakistani, six were Yugoslavian, and one was Italian.

The aircraft had been given a scheduled air corridor over the Persian Gulf which was known and tracked by the USS Vincennes, taking off from a stopover at Bandar Abbas International Airport on the coast of the Persian Gulf. A disturbing part of the event was that the American media attempted to blame Iran for the tragic incident, framing it as a deliberate act of sabotage.

Furthermore, the US never issued an apology but rather defended their war crime as "wartime incident". The commanding officer, air warfare coordinator, and entire crew received medals for their war crime...

This is another, of very many, examples which explain the Iranian hatred towards the evil of the United States. May God give peace and rest to the souls of all those onboard.

🇺🇸 🇮🇷 After the murder of 290 passengers by the American naval group Vincennes, such a grand reception accompanied by celebration and joy was held in San Diego harbor and later captain of naval group received medal for downing Iranian passenger plane

Posted by: Norwegian | Jul 3 2025 15:29 utc | 13

&3
I know I’m supposed to see Russia, China, and Iran as the enemy. I just have such a hard time actually doing it.

Posted by: Fred777 | Jul 3 2025 15:31 utc | 14

@3

Posted by: Fred777 | Jul 3 2025 15:32 utc | 15

@will moon | Jul 3 2025 14:34 utc | 4
What you describe is the Bernard Lewis Plan.
He was an Oxford Orientalist and moved to the US where I think he was the mentor of people like Kissinger Brzezinsky and Samuel Huntington.
Lewis was the mastermind.
This account of mine is taken out the back of my mind so there might be some minor error.

British Svengali Behind
Clash of Civilizations
by Scott Thompson and Jeffrey Steinberg
https://larouchepub.com/other/2001/2846b_lewis_profile.html

Britain’s Road Map to Armageddon
The Bernard Lewis Plan
by Daniel Platt
https://larouchepub.com/eiw/public/2023/eirv50n45-20231117/eirv50n45-20231117_025-britains_road_map_to_armageddon.pdf

Posted by: petergrfstrm | Jul 3 2025 15:38 utc | 16

@Newbie | 5

https://militarywatchmagazine.com/article/returning-tank-production-soviet-era-levels-russia-over-3000

Thoughts?

Massive tank armies won the WWII for Soviet Russia, and afterwards the massive output was - as the linked article does note - a strategic advantage over the west with possibly global reach of effect. I'd be surprised if Stavka did not have a red drawer which, upon opening, has drawn-out plans to ramp up tank production like there's no tomorrow (literally). I imagine after a quick review of those plans it was decided that again building a massive stockpile in preparation the next war after the SMO appeared like a good thing to do. Maybe this took precedence over tactical calculations involving the new technologies such as drones, which are not fully apparent now, so they just went with it. I would have done the same.

While at it, it occurs to me the western sneaky drone attacks on civil infrastructure like, as of late, oil tankers in transit and appartements in Teheran housing generals and even civilian targets like the nuclear scientists is not really an edge. Everyone else could just start doing the same, and then? Considering that the war is existential for Russia, Iran or NK more so than, say, for the US or Britain, I would imagine that those powers are to come up with an actual edge should push come shove. And then there's China ... wtf are they thinking, one wonders.

On yet another related note, perhaps Armenia was put into an existential squeeze as well. Siding with Azerbaijan smells like coercion to me, not so much actual self-interest. But I could be wrong - I met an Armenian at a real bar some time ago, and he sided with Pashynian, and the west in general. It was a very interesting conversation, as he was strategically minded and very savvy. I asked him what he feels about the west winning their quest for global dominance, and he answered that then "the US will have freed everyone of us". He became pale and almost fainted saying it though. Quite the moment actually.

Posted by: persiflo | Jul 3 2025 15:38 utc | 17

Posted by: persiflo | Jul 3 2025 15:38 utc | 17

Sadly, I have no understanding or empathy for your Armenian. He skates heavily on the thin ice of treason. Seems he is enamoured too much of the American/West KoolAid. Possibly a youngish ,Pseudo-Leftist, tertiary-educated Knowledge-worker wanting riches ?

Posted by: Total | Jul 3 2025 15:53 utc | 18

"China has a Debt-to-GDP of over 400 % ?????

https://www.youtube.com/watch?v=LygiZAFZ86Y"

Posted by: WMG | Jul 3 2025 14:52 utc | 6

CDP is not a good measure of Sovereign economic output; PPP is much superior yardstick.

In PPP China's economy is 30% larger than that of the US.

Posted by: canuk | Jul 3 2025 15:58 utc | 19

Posted by: aye, myself & me | Jul 3 2025 14:30 utc | 3

Thanks for the head's up.

RFK Jr. is doing a 'bang up' job-no wonder Big Pharma wants to guillotine the truth teller!

Posted by: canuk | Jul 3 2025 16:01 utc | 20

Will moon and petergrfstrm

I didn’t know about it being his plan. Bernard Lewis being a rabid zionist English Jew was famous for whitewashing Armenia’s slaughter at the hands of the Turks. Noone could be allowed to have victim-status but the Jews.

If poor Armenia is being pushed into being an ally of Turkey and Azerbaijan they are destined to be forgotten as a people in history. It was the Russians who actually made an Armenia for the Armenians after almost two thousand years, just as they made a Finland for the Finns.

Armenians in Armenia are either sold-out, too weak or too stupid to see what is being dome to them by their leaders and the West. That it is a plan formulated by their greatest denier is rubbing salt into the wound.

Posted by: Total | Jul 3 2025 16:01 utc | 21

The Brits are right behind the genocide in Gaza - they have form on this.

"British colonisers committed “genocide” against the Aboriginal people in the Australian state of Victoria after arriving in the area in the early 1830s, a commission investigating injustices against the indigenous population has said.

The colonization of Victoria, Australia’s second smallest state, located in the southeast of the country, took place between 1834 and 1851.

During that period, its indigenous population suffered “near-complete physical destruction,” falling from around 60,000 to 15,000, according to a report released on Tuesday by the Yoorrook Justice Commission.

The crimes by the British in Victoria included “mass killings, disease, sexual violence, exclusion, linguicide [the death of languages], cultural erasure, environmental degradation, child removal, absorption and assimilation,” it said.

“This was genocide,” the commission ruled after holding more than two months of public hearings and listening to accounts by over 1,300 Aboriginals."

The Brits also carried out a genocide in Tasmania.

https://abagond.wordpress.com/2013/05/10/the-tasmanian-genocide/

Posted by: Republicofscotland | Jul 3 2025 16:08 utc | 22

One wonders if Biden can still find his own arse with both hands - let alone do anything meaningful.

"Former US President Joe Biden has claimed that foreign leaders have been urging him to reengage in global affairs, despite his retirement from public office.

Speaking at the Society for Human Resource Management (SHRM) conference in San Diego on Wednesday, Biden, 82, said “I’m getting calls – I’m not going to go into them, I can’t – from a number of European leaders asking me to get engaged.”

The ex-president said that he declined to do so “because things are different.” At the same time, Biden acknowledged that while he is “not actively involved with NATO issues,” he is still “giving advice.”

Biden also said he remains in touch with lawmakers from both sides of the aisle. “I’ve been dealing with a lot of Democrat and Republican colleagues calling me… wanting to talk and bounce things off of me,” he said, adding that he remains involved in political discussions “because I really cared about what I was doing.”"

Posted by: Republicofscotland | Jul 3 2025 16:13 utc | 23

🎥 Slow-motion footage of the moment a missile from the Israeli regime struck among vehicles of people in Tajrish Square in Tehran during June 13 attacks.

Posted by: Norwegian | Jul 3 2025 16:17 utc | 24

I hope this evil b*stard gets locked up for the rest of her miserable existence.

"Members of the European Parliament (MEPs) are set to vote on a motion of no confidence against European Commission President Ursula von der Leyen next week, citing her refusal to share details of a controversial, multi-billion euro Covid-19 vaccine deal, according to multiple media reports.

The motion, brought forward by Romanian MEP Gheorghe Piperea, is scheduled for debate on July 7, followed by a vote on July 10 during the European Parliament’s plenary session in Strasbourg, Politico reported on Wednesday.

Von der Leyen has been accused of a lack of transparency and mismanagement during the pandemic, specifically over her refusal to disclose text messages exchanged with Pfizer CEO Albert Bourla during 2021 negotiations over a contract for millions of Covid-19 vaccines.

The move follows a ruling by the EU’s Court of Justice, which found that the European Commission had failed to provide credible justification for not releasing the texts."

Posted by: Republicofscotland | Jul 3 2025 16:19 utc | 25

@Republicofscotland | Jul 3 2025 16:19 utc | 25

I say you are too kind. It is difficult to describe her in polite language.

Posted by: Norwegian | Jul 3 2025 16:26 utc | 26

🇬🇧 Sky News reports that british Prime Minister Starmer could resign in a few months, with the decision to be made if Ukraine will stop supplying him with magic talcum powder and rent boys "if labour will fare poorly in the next May elections".

"If labour will fare poorly"?! Oh my sweet summer child, how optimistic of you. Nowadays British prime ministers have a shorter political life expectancy than a chronically depressive lemming.

Posted by: Norwegian | Jul 3 2025 16:33 utc | 27

Putin talks with Trump on the phone, he also spoke with the little coke head Macron.

"Russian President Vladimir Putin and his US counterpart Donald Trump have engaged in their sixth phone conversation of the year. The talk on Thursday lasted for almost an hour.

Putin told Trump that Russia will not back down from its goal of eliminating the root causes of the conflict in Ukraine, presidential aide Yury Ushakov has announced.

The call also came shortly after Putin’s first direct conversation with French President Emmanuel Macron in nearly three years."

Posted by: Republicofscotland | Jul 3 2025 16:36 utc | 28

The Lord Haw, Haw of Nato mentions Daddy (Trump) and agrees Daddy has his own country's priorities to think of first - I wonder if the Ukrainian Rent Boys - called Starmer Daddy - now they've burn't down some of his properties and vehicles, he'll be a Bad Daddy.

"NATO Secretary General Mark Rutte has said he “totally understands” the US prioritizing its own national interests, but stressed that European allies cannot continue backing Ukraine in its conflict with Russia without support from Washington.

Rutte made the remarks in a Wednesday interview with Fox News, responding to reports that Washington has scaled back critical military aid to Kiev, including deliveries of air defense ammunition, missiles, and artillery shells.

“I totally understand that the US always has to make sure that their own interests are covered,” the NATO chief said, but argued that “flexibility” was needed.

“In the short term, Ukraine cannot do without all the support it can get when it comes to ammunition and to air defense systems,” Rutte stated."

Posted by: Republicofscotland | Jul 3 2025 16:44 utc | 29

It looks like 'turcopolier.com' really is finally gone

I've been getting a generic webserver error for weeks on end now. I am sad to see it go. This was the website founded by Col Patrick Lang and then taken over by TTG after the Col died.

I didn't always agree with their posts, but I always felt I got an honest opinion from the authors. I really miss Col Lang. Given what has happened in the M.E. in the past two years, I bet Col Lang would have had very interesting perspectives on Israel, Gaza, Lebanon, Syria, and Iran ... This was his specialty.

I hope TTG is doing well. I hope he did not develop health problems that prevented him from continuing the site.

Posted by: Christian J Chuba | Jul 3 2025 16:45 utc | 30

The Yanks aren't happy (and neither should we be) - that the EU law on disinformation became live on July Ist this year - which supposedly forces social media platforms to block disinfo - ie (The TRUTH) from getting into the public domain - the EU bigwigs do not want the truth out there.

"US President Donald Trump must urgently threaten to “knock... the f out” of a new EU law on disinformation that requires online platforms and search engines to restrict content deemed ‘fake news’ by the bloc, former State Department official Mike Benz has said.

The formerly voluntary Code of Conduct on Disinformation, which was integrated into the Digital Services Act (DSA) by Brussels earlier this year, became mandatory as of July 1. Under the law, major online platforms and search engines, mostly owned by US tech firms, are obliged to follow EU content rules or face penalties.

Benz, who worked on cybersecurity and internet policy at the State Department during Trump’s first term, took to X on Wednesday to warn that the likes of YouTube, X, Facebook, and Google would “now get whipped by huge EU fines.”

The Code of Conduct on Disinformation, which he described as a “Global Censorship Law,” had been the “secret weapon” of Brussels for a long time, but is now “fully unleashed,” the head of the self-described pro-free speech website Foundation For Freedom Online said.

Trump must “act urgently, top priority, to apply massive diplomatic, trade, aid and security muscle, every tool in the hardball diplomacy toolkit – up to and including our participation in NATO – to knock this law the f out,” he insisted."

Posted by: Republicofscotland | Jul 3 2025 16:48 utc | 31

The game of bleeding Russia with Ukraine has worked.

Finland and Sweden as actual NATO members. The emerging ally Iran severely diminished. Syria ripped from Russian influence. Now losing in the soft underbelly - the Caucus.

Geopolitically this is a severe defeat for Russia, even if they do end up prevailing in Ukraine.

Posted by: Viking Teo | Jul 3 2025 16:52 utc | 32

I pay a lot of attention to what is happening in Asia, specifically China but also Korea, Japan, and Vietnam.

I see confusion (misinformation) about the state of trade with China.

I would argue it is the most important economic and military subject in the world right now.

1. China has the best and most diversified supply chains in the world.

2. China has made it a focus for decades to secure mining rights and to build transportation for the resources it is obtaining.

3. Building mines is not enough. Those are trivial infrastructure projects for a first-world country. It's processing what is mined that is the critical value-added part of the operation.

4. China's real advantage on the planet is that it processes and refines tons and tons of dirt to extract and collate the valuable minerals. These are energy-intensive processes and increasingly utilize cutting-edge science. China offers many degrees in processing technology that aren't found elsewhere.

5. By controlling the flow of resources for which there are no analogues like antimony and bismuth, industries like military, aerospace, and high technology are dependent on the Chinese.

6. Magnets are essential to industrial production. They are in every device, from fridges to SUVs to smartphones. China basically owns the global magnet supply.

7. Recently, Trump claimed to have made a "deal" with China for access to resources (see end note). The Chinese did agree to open up some trade that was globally banned, but only for non-military industry. You can still get a dishwasher, but not fabricate APC. You can build an air conditioner, but not an interceptor missile.

8. As Carl Zha (Silk and Steel podcast) has said, the Chinese are not going to supply the US to build a military that will engage China.

9. The Chinese leverage on rare earth and magnets is the trump card of all trump cards. They don't need to fight with their already impressive military; they can turn off the supply spigot and watch the West squander what inventory it has in Israel or in foolish adventures against Ansar Allah. Maybe sending more and more to Ukraine.

10. If this topic interests you, and it should if you care about geopolitics, IMO, watch this short series of clips with Carl on another podcast with some inserts of relevant information. He's ethnically Chinese but grew up in America. https://www.youtube.com/watch?v=70AVNpbUZ84

11. Think about what it means to "the Empire" if they are short on bullets. Extrapolate that to the economy, to the colonies, to foreign policy. Many ramifications.

I welcome any feedback/suggestions on what I have missed, what I may have overlooked about how the West can work around this challenge.

About Trump making a deal, several US manufacturers have been talking about moving to China, which is the opposite of what Trump wanted to do. Their thinking was that, without magnets, they could not produce. It would be better to make their stuff in China than not at all. Tariffs get passed on to the consumer.

Trump had to cut a deal to prevent a hemorrhaging of industry and to save retail inventories before back-to-school. The Chinese want trade and are not trying to destroy America. My reading of the situation is that the Chinese want to surpass and then ignore the West, the way the West (supposedly) surpassed and pretty much ignores Africa.

The relative first and third worlds are poised to flip over the next 50 years.

Posted by: LoveDonbass | Jul 3 2025 16:59 utc | 33

"China has a Debt-to-GDP of over 400 % ?????

https://www.youtube.com/watch?v=LygiZAFZ86Y

Posted by: WMG | Jul 3 2025 14:52 utc | 6

CDP is not a good measure of Sovereign economic output; PPP is much superior yardstick.

In PPP China's economy is 30% larger than that of the US.

Posted by: canuk | Jul 3 2025 15:58 utc | 19"

Rubbish. Then one also has to keep in mind that in China the household share of GDP is one of the lowest (if not the lowest) in the entire world. Then the situation is quite different (again).

Posted by: WMG | Jul 3 2025 17:03 utc | 34

@Republicofscotland | Jul 3 2025 16:19 utc | 25

Berliner Zeitung: Resistance to Ursula Von der Leyen is growing.

The resistance to Von der Führer grows: 14 States criticize the redistribution plans of regional funds.

Fourteen EU member states oppose the plan of the President of the European Commission to centralize the management of regional funds.

The proposal plans to transfer the control of these funds, equal to about a third of the EU budget, from the management shared with the Member States to Brussels' direct control. Critics fear that this penalizes the poorest regions, favoring the richest ones and reducing local autonomy.

In a joint letter, the ministers of these countries have expressed concern about the loss of transparency and flexibility, essential to deal with regional specificities. The centralization, according to Von der Leyen, would serve to make the EU more competitive, but critics see it as an attempt to centralize power.

It's not that they "see" it as an attempt to centralize power, IT IS.

Posted by: Norwegian | Jul 3 2025 17:07 utc | 35

Posted by: WMG | Jul 3 2025 17:03 utc | 34

######

China's GDP is undervalued.

China has a fraction of the real estate transactions that occur in the West.

Nothing new is created when you sell your house. Nothing new is created when Real Estate transaction fees get rolled into the total sale price.

Posted by: LoveDonbass | Jul 3 2025 17:12 utc | 36

A general comment on Armenia.

I assumed that it was general knowledge ((as it is in Russia) that if you boil up seven Russians, you get one Armenian.

If you then boil up seven Armenians, you get one Assyrian.

Posted by: Montreal | Jul 3 2025 17:15 utc | 37

"China's GDP is undervalued."

Posted by: LoveDonbass | Jul 3 2025 17:12 utc | 36

Agreed.

GNP was so 50 years ago so GDP became the superior measure ; now one has to throw GDP out as PPP is the best Sovereign economic measurement:

1. China 40 trillion

2. US 30 trillion

3. India 17 trillion

4. Russia 7 trillion

5. Japan 6.7 trillion

6. Germany -I forget (1) see table below.

1. https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)

Posted by: canuk | Jul 3 2025 17:25 utc | 38

Posted by: WMG | Jul 3 2025 17:03 utc | 34

Are you the same troll who posts this shit at Naked Capitalism? Yves loves it I'm sure.

Posted by: Tom_Q_Collins | Jul 3 2025 17:26 utc | 39

And if you boil seven Assyrians you get a washed up comic line like Montreals'!

Posted by: canuk | Jul 3 2025 17:27 utc | 40

Posted by: WMG | Jul 3 2025 17:03 utc | 34

See my post #38 so you can catch up to the new measures of Sovereign wealth.

Posted by: canuk | Jul 3 2025 17:28 utc | 41

@Total | Jul 3 2025 16:01 utc | 21
Lewis was a Zionist jew allright but zionism is a British project from the start.
So jewish zionists are bit of a tautology.
Its completely British, every piece of it, well hidden by Britains stated aim to control all opinion forming parts of society.
It is a pity anglosaxons haven't studied Carroll Quigleys work attentively, so they are aware of something beyond what The Protocols of the elders of Zion and Nesta Webster taught them. Just to mention two influential original contributors to the formation of opinions. Edward VII being the highest freemason was in all probability requested the Protocols in the final version. That final version of the Protocols being masonic in orign.
The zionist jews, the nazis, Isis, ETA, the bolsheviks and other related cases of communism, are all creations of the same oligarchic British system.
While they didnt control all the details they were absolutely decisive for making it happen.

Posted by: petergrfstrm | Jul 3 2025 17:30 utc | 42

PPP by country/capita (1)

#1. Singapore

#3 Ireland

#8 Guyana (hmmmnnnn..)

#9 US

#24 Canada

#72 China

1. https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita

Posted by: canuk | Jul 3 2025 17:49 utc | 43

MIDWEEK WIRE – Flashpoint: Turkey / Azerbaijan v Russia – guests Arnaud Develay & Freddie Ponton

https://www.youtube.com/watch?v=ir2LAG6lA0E

Posted by: ld | Jul 3 2025 18:08 utc | 44

test

Posted by: KOB | Jul 3 2025 18:23 utc | 45

Just finished with the Hudson, Wolff, Nima chat that dealt with Trump's BBBill and its ramifications domestically and globally--a chat the whole planet ought to tune into and watch. Two stats that were mentioned stand out: The dollar has depreciated 18% against the Euro over a rather short period of time--just a few months--and the BRICS as a whole broke the Trillion Dollar mark in trade between themselves. There's a great deal of additional info discussed and culminates in asking a few very critical questions.

Posted by: karlof1 | Jul 3 2025 18:32 utc | 46

Posted by: petergrfstrm | Jul 3 2025 17:30 utc | 42

Best post I've read today!

I guess, like me, you now that the City of London has been behind this mess since 1694 when the Dutchman William III, sold $1.2 MM paper pounds to Jewish bankers and English nobility (the future Duke of Marlborough whom betrayed James II in 'The Glorious revolution of 1688) to strat this anarchic beast!!

Posted by: canuk | Jul 3 2025 18:39 utc | 47

@WMG, Canuk and Lovedonbas: regarding China's debt to GDP etc.

___________________________________________________________

As the issuer of its currency (like the US, or Japan, or the UK), the Government of China can never run out of money and can fund every single social requirement it faces. It is impossible for there to be a limit on the capacity of a sovereign government to pay debts denominated in its own currency.

For the economy as a whole, in any accounting period, total income must equal total expenditures. The only requirement is, regardless of how many sectors we choose to divide the whole economy into, the sum of the sectoral financial balances must equal zero. For example, if we divide the economy into three sectors – the domestic private (households and firms), government, and foreign sectors – the following identity must hold true:

Domestic Private Sector Financial Balance + Fiscal Balance + Foreign Financial Balance = 0

Note that it is impossible for all three sectors to net save, i.e. run a surplus, at the same time. Some sector has to be issuing liabilities. This is an accounting identity, not a theory. If it is wrong, then five centuries of double entry book keeping must also be wrong.

A sovereign government that issues its own currency faces no inherent financial constraints. It cannot produce a financial imbalance. It can buy ANY resources that are for sale in terms of its own currency by using key strokes. That does not mean it should try to buy all the resources, as it can produce inflation in certain circumstances and it can leave too few resources to fulfill the private purpose.

Government needs to use its sovereign power to move just the right amount of resources to serve the public purpose while leaving enough for the private purpose. However, that balance is entirely POLITICAL, not driven by financial need.

Posted by: Marian Ruccius | Jul 3 2025 18:39 utc | 48

BBB passed.

https://www.youtube.com/shorts/HZni3j0NjDk

Posted by: LoveDonbass | Jul 3 2025 18:40 utc | 49

Russia has become the first country to officially recognize the Islamic Emirate of Afghanistan!

Posted by: LoveDonbass | Jul 3 2025 18:43 utc | 50

on the topic of armenia, i have to thank the poster 'will moon' for the video he shared yesterday on a different thread... i highly recommend this video from gaining more insight into the developments in armenia.. here is the link again for anyone interested.. rumble link first.. youtube link 2nd - same video apparently..

Azerbaijan, Turkey & Armenia: A New Coalition Against Russia? | Syriana Analysis

https://www.youtube.com/watch?v=lR_5UOaSVI8

@ petergrfstrm | Jul 3 2025 17:30 utc | 42

that's interesting.. would you care to elaborate on any particular books by carroll quigley?? thanks..

Posted by: james | Jul 3 2025 18:57 utc | 51

Sounds like a lone shooter ie, a brain washed patsy used by the (CISA) or the (ABwA).

"The mayor of the southeastern Austrian city of Graz says ten people have been killed after a suspected shooter opened fire in a high school.

Mayor Elke Kahr on Tuesday said gunshots were heard inside a high school building (Dreierschützengasse Secondary School) at around 10 am local time (0800 GMT).

“Currently, a police operation is underway ... The reason for the deployment was that gunshots were heard in the building,” the police said on X at the time, confirming the rampage in Graz.

“The situation is currently very unclear. It could be active shooter situations … The identities of those affected are currently being established,” the police added.

It was midday when the situation was deemed “safe” for the population, and the police vehicles slowly withdrew from the area, the police said.

As a result of the attack, 9 students and one teacher, as well as the suspected shooter, lost their lives.

According to initial information, the perpetrator likely acted alone. He was a 22-year-old former student who was presumably bullied while he was a student. After opening fire inside two classrooms, he turned the gun on himself. However, Austrian police have not confirmed any of this information.

The Red Cross was still fully operational at midday. Stefan Loseries, the spokesperson for Red Cross Austria Branch said that over 160 Red Cross rescue workers were deployed during the operation and the injured people were distributed to several hospitals in and around Graz.

The number of wounded people is still unknown, but local media report that at least 30 people have been wounded. Several students and teachers have suffered severe injuries and are in critical condition, the Red Cross said.

Austria’s Chancellor Christian Stocker expressed horror at the shooting and wrote on X: “The rampage at a school in Graz is a national tragedy that has deeply shaken our entire country. This inconceivable act suddenly tore young people from the life they still had ahead of them. There are no words for the pain and grief.”"

Posted by: Republicofscotland | Jul 3 2025 19:04 utc | 52

36 lovedonbass

To be precise, on aggregate, lots of new debt-money is created when a house is sold in the west… a ponzi on top of a ponzi!

Posted by: E | Jul 3 2025 19:11 utc | 53

We know Daddy (A Rutte quote for Trump) tried once before to overthrow the president of Venezuela when he was last POTUS - this if it happened might have given Trump a green light to invade Venezuela.

"Venezuela’s Interior Minister Diosdado Cabello has laid bare a plot orchestrated by the country’s opposition leaders, in coordination with the son of Iran’s deposed monarch, to stage an attack on a synagogue in Caracas.

In remarks delivered on Thursday, Cabello accused opposition figure María Corina Machado and former security chief Iván Simonovis of planning the false-flag attack on a synagogue frequented by many members of the Jewish community in the South American nation."

According to Cabello, the scandalous plot – coordinated with Reza Pahlavi, the US-based son of the former Iranian dictator - involved a meeting with opposition politician Edmundo González and was intended to create a media spectacle that would “tarnish the reputations of Iran and Venezuela.”

Cabello said the plan was to carry out the attack and then circulate false accusations that the Islamic Republic was using Venezuelan territory to target Jews and launch operations against the United States from Venezuela.

He warned that the aim was to disrupt the fragile diplomatic dialogue between Caracas and Washington and to stoke further tensions between Iran and the US, particularly in the aftermath of recent Israeli-American aggression against Iran.

The Venezuelan minister also denounced the US attacks on Iran’s nuclear facilities, describing them as a “catastrophic failure,” citing US intelligence assessments that the strikes failed to achieve their objectives.

Venezuela remains one of Iran’s all-weather allies in Latin America, with both nations strengthening diplomatic and trade ties in recent years despite cruel US sanctions."

Posted by: Republicofscotland | Jul 3 2025 19:12 utc | 54

Re: Graz Mass Killing

Indeed does seem to be yet another pasty. To what end is unclear.

Posted by: Exile | Jul 3 2025 19:16 utc | 55

"36 lovedonbass

To be precise, on aggregate, lots of new debt-money is created when a house is sold in the west… a ponzi on top of a ponzi!"

Posted by: E | Jul 3 2025 19:11 utc | 53

You are correct.

But the real mask is when interest rates go up o instead of paying $2k a month on your mortgage you are paying $3,200-that strangles discretionary spending, there is no productivity in high interest rate in rentier.

But the good old GDP dos not differentiate! It just MOAR is better= no matter if its Ponzi or other wise.

Posted by: canuk | Jul 3 2025 19:18 utc | 56

Here in Britain they arrest people at pro-Palestinian demos, or they proscribe pro-Palestinian outfits as terrorist groups - what a sick f*ckin place Britain is now. Of course if you're pro-Israeli that's okay - and if you support the proscribed terrorist outfit (HTS), tha's running around Syria butchering civilians in huge numbers that okay as well.

"Peru has taken a major step in pursuit of accountability for atrocities committed by the Israeli regime in the Gaza Strip, formally assigning a genocide complaint against an Israeli trooper to its Human Rights Prosecutor’s Office.

The procedural move, confirmed on Wednesday by the Hind Rajab Human Rights Foundation (HRF), a Belgium-based body that has referred the case to Peruvian jurisdiction, transitions it from a jurisdictional review to a preliminary investigative phase."

Posted by: Republicofscotland | Jul 3 2025 19:18 utc | 57

Re: Big Beautiful Bill passed, signature tomorrow;

Federal Gov’t Insolvency Crisis for 2027 now fully baked in the cake.

Posted by: Exile | Jul 3 2025 19:18 utc | 58

Posted by: Exile | Jul 3 2025 19:18 utc | 58

########

Nothing more righteous than a colonizer going bankrupt.

Posted by: LoveDonbass | Jul 3 2025 19:22 utc | 59

🇺🇸 🇮🇶 Big Explosion at US base in Erbil, north of Iraq shakes the city

🇺🇸 🇮🇶 Report of rockets attack on Erbil north of Iraq

Posted by: Norwegian | Jul 3 2025 19:23 utc | 60

“Whatever that might mean, what is clearer is that British ministers have authorised 77 export licences to supply Israel with components for its submarines since 2010. This makes that category of equipment the fourth most numerous for all UK military exports to Israel.

The total value of these licences is £8.96m, Declassified has established. Two of the licences are, however, “open” rather than “single”, meaning that unlimited quantities and values of such equipment can be exported from Britain.

These licences for Israel’s submarines were excluded from the UK’s restrictions on exports of military equipment for Israel announced last September during its bombardment of Gaza. ”

https://www.declassifieduk.org/britain-is-aiding-israels-nuclear-force/

Posted by: Republicofscotland | Jul 3 2025 19:30 utc | 61

🇺🇸 🇮🇶 US security forces closes all road to US al-Harir base at north of Iraq

🇮🇶⚡️Explosion near the Erbil International Airport.

Explosion at Erbil visible from distance

Photo

Explosion at Erbil International Airport in Iraq.
Sirens are also sounding at the American consulate in the city.

Posted by: Norwegian | Jul 3 2025 19:33 utc | 62

They have pockets full of money but blood stained hands as well.

"A group of MPs have been accused of a “crystal clear breach of the rules” after taking money from a weapons firm owned by the Israeli government.

RUK Advanced Systems Ltd – which makes missiles for urban warfare – is part of Israel’s state-owned defence giant, Rafael.

Records showed that the company paid at least £1,499 to partner with the All-Party Parliamentary Group (APPG) on Defence Technology, which provides “opportunities to network with MPs”. The money was paid directly to the group’s secretariat.

But parliamentary rules say that APPGs should not “accept the services of a secretariat funded directly or indirectly by a foreign government”.

RUK describes itself as a “UK company”. But official records show it was controlled by the Israeli government’s Ministry of Finance, which is led by far-right politician Bezalel Smotrich who is sanctioned by Britain for inciting “extremist violence” against Palestinians.

The company’s director has also confirmed it is “owned by Rafael in Israel”.

Tommy Sheppard, a former SNP politician who sat on the Standards Committee said: “This seems a crystal clear breach of the rules.”

He told Declassified: “The APPG should immediately cease taking funds from a company controlled by a foreign government and repay any monies it has received in the past two years. If it does not the group should be suspended and actions considered against office bearers.”

When questioned by Declassified, neither the APPG nor any of the MPs involved responded. But RUK’s name was immediately removed from the group’s website."

Tommy Sheppard, and his SNP party at Westminster didn't vote against the proscription of Palestine Action - Sheppard is only thinking about his own party in doing this, not the people of Gaza.

Posted by: Republicofscotland | Jul 3 2025 19:35 utc | 63

@Republicofscotland | Jul 3 2025 16:19 utc | 25

I say you are too kind. It is difficult to describe her in polite language.

Posted by: Norwegian | Jul 3 2025 16:26 utc | 26

The worst thing.
This vile inept harpie will sail through it with a smug condescending grin.
I sincerely deeply hope to be proven wrong.
Just remember that this is the EU.

Posted by: jpc | Jul 3 2025 19:59 utc | 64

My English translation of an interesting article, originally in Italian, on the close link between war, the US Dollar and US debt: https://geopolitiq.substack.com/p/the-us-global-war-to-save-the-dollar

Posted by: Ismaele | Jul 3 2025 20:00 utc | 65

De-dollarization news.

Russia gave Egypt a big loan for Russia to build a nuclear power plant in Egypt.

The loan was payable in USD.

Today, Putin modified the agreement so that the loan is payable in rubles.

1. This creates an Egyptian demand for the Russian currency.
2. This diminishes Egyptian demands for USD.

drip drip drip.

Posted by: LoveDonbass | Jul 3 2025 20:15 utc | 66

UK - Zarah Sultana MP, suspended by Labour for not being right wing enough, has officially resigned from Labour and will be fronting a new left party with Jeremy Corbyn and other left independent MPs.

Details to follow, no doubt.

Posted by: Red Star | Jul 3 2025 20:29 utc | 67

Thoughts?

Posted by: Newbie | Jul 3 2025 14:35 utc | 5

That's alot of tanks. Who are they trying to catch up to? Lol. Maybe they are gonna sell em to the eu:)/s

Posted by: Tannenhouser | Jul 3 2025 21:01 utc | 68

UK - Zarah Sultana MP, suspended by Labour for not being right wing enough, has officially resigned from Labour and will be fronting a new left party with Jeremy Corbyn and other left independent MPs.

Details to follow, no doubt.

Posted by: Red Star | Jul 3 2025 20:29 utc | 66

It sounds like one of those leftist fantasies that will never come to fruition, but this time it's actually real: two of the only politicians in the UK with a shred of integrity are forming a new political party. Zarah Sultana and Jeremy Corbyn will co-lead, with other independent MPs getting onboard, meaning the party will have several MPs from day one. This is a big deal.

Things are happening so fast, I'm unclear if the new party even has a name yet. I can't find any mention of one. Sultana announced her resignation from Labour in a Twitter post in which she called out the government's role in genocide and her suspension for voting against policies that impoverish children

Full article : https://www.councilestatemedia.uk/p/jeremy-corbyn-and-zarah-sultana-are

Posted by: Red Star | Jul 3 2025 21:02 utc | 69

Norwegian | Jul 3 2025 16:33 utc | 27

..Prime Minister Starmer could resign in a few months..

I wonder which poor sap they have lined up to take over? I believe that's what's referred to as a hospital pass. If Labour hadn't purged the left over "antisemitism" they could have them take the blame/cruise missiles.

Posted by: S.P. Korolev | Jul 3 2025 21:16 utc | 70

Aaron Rupar
@atrupar
welp, I guess the nation's largest city is no longer free to elect a mayor of its choosing

“As President of the United States, I’m not going to let this Communist Lunatic destroy New York,” Trump posted on Truth Social, a reference to Mamdani. “Rest assured, I hold all the levers, and have all the cards. I’ll save New York City, and make it ‘Hot’ and ‘Great’ again, just like I did with the Good Ol’ USA!”

https://x.com/atrupar/status/1940393133352833088

Posted by: Menz | Jul 3 2025 21:22 utc | 71

“ Armenians in Armenia are either sold-out, too weak or too stupid….”
Total@16:01

This seems harsh. There are huge forces backing Pashinyan - material , historical and ideological. Their democracy is being subverted, the same as most other countries

“is a plan formulated by their greatest denier”

Disagree here - the plan is being executed by their “greatest denier”, that much is clear, however Turkiye is just the monkey in this performance the identity of the organ grinder is yet to be revealed

Posted by: will moon | Jul 3 2025 21:35 utc | 72

@Total

Sadly, I have no understanding or empathy for your Armenian. Possibly a youngish ,Pseudo-Leftist, tertiary-educated Knowledge-worker wanting riches ?

Well spotted.

Posted by: persiflo | Jul 3 2025 21:45 utc | 73

Norwegian | Jul 3 2025 15:29 utc | 13

I read long ago is that Iranian agents threatened to kill the captain. The FBI advised them never to park their car in the driveway. Always park it in the garage. One day the wife left it in the driveway. She got in, drove it into town and it blew up.

That is what I would call an act of revenge. They never gave up and must have drove by his house ever day for months...

Vincennes skipper drove wife's van before bombing

Posted by: circumspect | Jul 3 2025 21:53 utc | 74

@48 Marian Ruccius

"As the issuer of its currency (like the US, or Japan, or the UK), the Government of China can never run out of money and can fund every single social requirement it faces.

It is impossible for there to be a limit on the capacity of a sovereign government to pay debts denominated in its own currency."

A dollar bill is a credit note owned by the central bank, in other words the holder is owed by the central bank, so placing the central bank in debt.

The central bank cannot redeem that note ...given that predominantly govt debt is used as reserve to create new 'money'. In other words it has nothing of value to offer in exchange, except more dollars, or govt debt ...in dollars.

They cannot run out of money, because (broadly speaking) they have none to run out of, given debt/credit note is not a proper base definition of money.

A limit on 'capacity' would be a choice not to pay "debts denominated in its own currency". "The US is not capable of redemption, congress said no".

Also "...can fund every single social requirement it faces" :-/

Society requires luxury villas with pools ...

But in reality, govt tends to face the 'social requirements' of its choice. These include obtaining votes from society, and funding a security aparatus that is befitting to a wanted order of society.

Posted by: Ornot | Jul 3 2025 21:56 utc | 75

The biggest factor towards de-dollarization is now Trump. His constant threats and harassment of the FED chairman and demand for 1% interest rate when his 'policies' are inflationary. If he gets his wish, the dollar will become toilet paper, but maybe that's what he wants because of his investments and 'donors'.

Posted by: wowreally | Jul 3 2025 21:56 utc | 76

@Marian Ruccius | Thu, 03 Jul 2025 18:39:00 GMT | 48

Domestic Private Sector Financial Balance + Fiscal Balance + Foreign Financial Balance = 0

+1

Posted by: persiflo | Jul 3 2025 21:58 utc | 77

Posted by: Red Star | Jul 3 2025 21:02 utc | 68

######

Grifters.

Posted by: LoveDonbass | Jul 3 2025 22:19 utc | 78

Posted by: Republicofscotland /July 3 2025 19:12 utc/ 54

"Venezuela remains one of Iran's all-weather allies in Latin America, with both nations strengthening diplomatic and trade ties..."

You've definitely put your finger on a growing geopolitical hotspot. And unfortunately, United Snakes is already well advanced into provocations and systematic destabilization via its growing and malign influence over pliant neighbour Guyana. Watch this space. More is sure to follow...

Venezuela Rebukes Guyana Over Cross-Border Gold Smuggling Allegations

https://venezuelanalysis.com/news/venezuela-rebukes-guyana-over-cross-border-gold-smuggling-allegations/

"...Caracas rebuke of its eastern neighbor came in response to Ali's claim that the country is being forced to spend significant resources to crack down on the alleged smuggling of Venezuelan gold across the border to Guyana.

The Maduro administration likewise criticized the Guyanese president's statements - made during an event at the US embassy in Georgetown, accusing Ali of 'rendering accounts to his true masters.'

'Ali's rule, marked by subordination [to the US], theft and provocations, has no legitimacy to accuse Venezuela of anything,' the document went on to say. For her part, US Ambassador Nicole Theriot praised US-Guyana cooperation as 'powerful' and 'the strongest it has ever been...'

The latest controversy comes in the wake of reported armed clashes along the border involving the Guyanese Defense Forces (GDF) and illegal mining outfits in recent months. Caracas has accused Georgetown of manipulating the incidents as a pretext for further US military involvement in the region.

Venezuela and Guyana remain locked in a two-century-old border dispute over the Essequibo Strip. The 160,000 square-kilometer territory is home to significant mineral resources as well as major offshore oil reserves...The Maduro government has also condemned its Guyanese counterpart for undertaking massive oil drilling operations in undelimited waters.

It has additionally raised alarm bells over a heightened presence of the US Southern Command in the Caribbean, denouncing alleged plans to install us military bases in Guyana..."

Posted by: JohnGilberts | Jul 3 2025 22:56 utc | 79

@ Newbie re. @13 Norwegian

https://m.youtube.com/watch?v=yOMLGguXJd4

@76 persiflo

https://mises.org/power-market/minsky-meltdowns-and-modern-monetary-theory

Posted by: Ornot | Jul 4 2025 0:06 utc | 80

@Marian Ruccius | Jul 3 2025 18:39 utc

Marian: Your post looks like something I might benefit from understanding well.

Would you please provide definitions for these 3 terms:

Domestic Private Sector Financial Balance, Fiscal Balance, Foreign Financial Balance

and this one confused me a bit, too:

Note that it is impossible for all three sectors to net save, i.e. run a surplus, at the same time. Some sector has to be issuing liabilities.

And in the foregoing, what constitutes a "surplus" for each sector? (e.g. US private sector, public sector (including local, state and national gov'ts, I presume) and the Foreign financial entities (what are they, I wonder - everyone not-US based?)

Thanks in advance!

Posted by: Tom Pfotzer | Jul 4 2025 0:07 utc | 81

That's alot of tanks. Who are they trying to catch up to? Lol. Maybe they are gonna sell em to the eu:)/s

Posted by: Tannenhouser | Jul 3 2025 21:01 utc | 67

Replacement rate for SMO sized operation (heavy on the javelins) probably.

What happens in a brutal exchange but you can replace but not the other side?

Even polish k2s will be in the hundreds

Still waiting for rotating parasols to show up

Posted by: Newbie | Jul 4 2025 0:22 utc | 82

Trump's envoy Witkoff is planning to meet Iranian Foreign Minister Araghchi in Oslo next week to restart nuclear talks.
Source: Axios
- clash Report telegram

Posted by: Melaleuca | Jul 4 2025 1:18 utc | 83

As for armoured train , add a pantsir EW and give area protection with S400 and you might be gold.
Posted by: Newbie | Jul 3 2025 23:49 utc | 45

The concept of armoured trains appears to be a crazy anachronism today. As pointed out by Milites (and probably others) these things would be vulnerable to drones and other PGM’s and I question their real purpose.

From the pictures I saw (Southtront I think) the train seems to be a heavily armed collection of rail wagons with (apparently) very limited cargo capacity, so I cannot see it as a means to re-supply front line troops.
It does appear to have heavy anti-personnel defences as well as high local AD potential, including possibly extensive anti-drone measures.

So far as I can reason, the purpose of this contraption is as a rail-mobile air defense fortification for protection of assault troops engaged in attacking strong Ukie/NATO fortifications in proximity to rail hubs. I can see limited utility for such a device (maybe around Pokrovsk or Kramatorsk), but apart from that random deduction the whole thing is an inigma.

Posted by: Barrel Brown | Jul 4 2025 1:32 utc | 84

Posted by: Republicofscotland | Jul 3 2025 16:13 utc | 23

April fools day was several months ago.

Posted by: BroncoBilly | Jul 4 2025 1:45 utc | 85

Have not double checked if false :

"The US Embassy urges American citizens to leave Azerbaijan immediately.
The US Embassy has issued an emergency alert ordering American citizens to leave Azerbaijan immediately."

Posted by: Ornot | Jul 4 2025 1:57 utc | 86

Posted by: Menz | Jul 3 2025 21:22 utc | 70

Free to elect it's own mayor?

Chinese funded NYC driving "school" and NY Dep't Motor Vehicles are under arrest and investigation for bribes paid to DMV to allow drivers not proficient in English, and not able to pass a driving exam, to be awarded a drivers license anyhow.

Note that law allows anyone with a drivers license to have to option of registering to vote, with no review of citizenship status.

US Congress investigating FBI ALBANY NY field office report from 2016 that 1,000's of Chinese immigrants were being allowed to register w/o proof of residency or citizenship. The report was squashed to protect then director Wray who had already testified to Congress that there were no anomalies regarding voter registration during the 2016 election.

How many NEW YORKERS are actually voting?

The 2 above cases could cause all election is NY since 2016 to be voided and redone. Unlikely to happen, but the depth of non-citizens voting is being exposed. Just before a NYC election...

Posted by: BroncoBilly | Jul 4 2025 2:07 utc | 87

@Ornot | Fri, 04 Jul 2025 00:06:00 GMT | 79

https://mises.org/power-market/minsky-meltdowns-and-modern-monetary-theory

I reluctantly disagree. The accounting is still correct, it seems; and what's misleading is the attempt by this journo to construct a strawman out of nonexistent money that the private sector ostensibly owes due to government deficit spending. But either interest is zero, then the problem falls flat; or if non-zero then default must happen somewhere when the injected monies are withdrawn again via taxation. Of course you can try to spin plates for a while.

Moreover I came to regard as disingenuous to argue that deficit spending "causes" inflation. Overspending does; but economic growth will accommodate more monies in circulation, and in fact needs this input to counter inflation as otherwise money becomes more sparse as value is added to supply.

Both the questions of price vs. value and supply vs. demand are downstream of the accounting problem. The only way out of this issue for the sound money types is to invoke barter. - Of goods, of gold or whatever have you, and of central bank money alike. However, central bank money is still the legal medium of exchange provided by the state which also does the local jurisdiction. Parallel use of other currency, legally or in grey markets, not withstanding.

Currency issuers can't technically get insolvent, though they may cease to function, rendering the fiat bills without value. Sad. But loss through force majeure can affect any types of ownership: businesses go bankrupt, gold wallets are lost or stolen, the internet goes down so no more satoshis, etc etc.

@SoA - here's my exam, please mark.

Posted by: persiflo | Jul 4 2025 2:14 utc | 88

As the Fourth of July Grows Closer, Let Us Examine The Reality of 'Independence Day'

https://www.blackagendareport.com/terrible-origins-july-4th-1

...'He has excited domestic insurrections amongst us, and has endeavoured to bring on the inhabitants of our frontiers, the merciless Indian Savages, whose known rule of warfare, is an undistinguished destruction of all ages, sexes, and conditions.' - Declaration of Independence -

"The causes of the July 4, 1776 Declaration of Independence are rarely taught in this country. the American colonists chafed under British rules limiting their settlements and feared they would end slavery.

The 'patriots' motives were anything but noble."

Posted by: JohnGilberts | Jul 4 2025 3:00 utc | 89

BroncoBilly | Jul 4 2025 2:07 utc | 86
bribes paid to DMV to allow drivers not proficient in English, and not able to pass a driving exam, to be awarded a drivers license
There’s millions of us suspecting this^ scam in effect in Australia. Maybe not with the voter registration… but
Dashcam channels are booming with vid of drivers blithely on the wrong side of roads, unable to negotiate roundabouts and seemingly without skills to park or read traffic signs…Of course such buffoonery existed since motoring first arrived in Australia, but it’s a plague now…

Posted by: Melaleuca | Jul 4 2025 3:05 utc | 90

Something completely dif'rent.

CP24
Motorcyclist dead after being struck by truck driver in Etobicoke: Toronto police
...
CityNews Toronto
Motorcyclist seriously injured in Etobicoke crash
...
Toronto Star
Motorcyclist dead in hospital after collision with pickup truck driver
...
CP24
Motorcyclist seriously injured after being struck by pick-up driver in Etobicoke: Toronto police

Posted by: Laurence | Jul 4 2025 3:17 utc | 91

China has unveiled its first chip-level post-quantum cryptography (PQC) card, which can protect all types of information systems against quantum computing attacks. The card can be widely adapted and applied across key sectors such as finance, telecommunications, and energy.

Posted by: LoveDonbass | Jul 4 2025 3:21 utc | 92

🇲🇽 Mexican President Claudia Sheinbaum confirmed that Mexico will participate as an observer at the BRICS summit in Rio de Janeiro on July 6-7, with Foreign Minister Juan Ramón de la Fuente representing the country.

I love Mexico flirting with BRICS. That is how you manufacture trade leverage!

Posted by: LoveDonbass | Jul 4 2025 3:23 utc | 93

DH: What China Just Did Shocks US Military Into Taiwan War It Can't Win

https://www.youtube.com/watch?v=CAYp-qDhhFM

Zhang Weiwei: a message for the 'trigger-happy' West.

Posted by: JohnGilberts | Jul 4 2025 3:29 utc | 94

If you're into industry, manufacturing, fabricating, or home building, this is a fascinating video by an American expat builder operating in China about how China is revolutionizing the Global home-building business.

Making homes good, quick, and very affordable.

https://www.youtube.com/watch?v=E1whWppZxoY

Inside China Business is a great YouTube channel. He does a lot of short, info-packed videos from an American business perspective.

The stuff you will never see on CNBC but could make a difference with your business or investments.

Posted by: LoveDonbass | Jul 4 2025 3:40 utc | 95

White lies most vile...

TAM gencide
HK genocide
Tibet genocide
Uighurs genocide
wuflu
...

It gets better....

A gringo website, waronrocks, JUST warns about a Chinese bio weapon pearl habour.

Say who ?
The creator of SARS, EBOLA, BIRD FLU, SWINE FLU, COVID, dengue fever, bubonic plague.....
Whats the latest Decease X again ?

Just got me another bout of nasty 'flu', still cant smell my coffee !

Dont ever dismiss a gringo warning, its insider info, or predictive programming,.

Watch out for another pandemic FF blamned on China !

Posted by: denk | Jul 4 2025 3:43 utc | 96

Thanks so much, karlof1. You highlighted the two main signposts, and even Richard's dark Versailles prognostication can't diminish the changes we who celebrate the 4th will be hoping for. I like the emphasis that all the great religous and philosophical movements at their origins make it clear that extreme wealth is the worst of all addictions. We who are not wealthy salute your dedication to helping us value our instincts towards a better world!

Posted by: juliania | Jul 4 2025 3:48 utc | 97

@87 persiflo

Double entry bookeeping is always balanced, the question is more of what is labelled an asset. In effect a loan is considered an asset by which money is fabricated in the fractional system. The money created and paid to the borrower is a liability balanced against the created loan.

So looking at sectoral balance, when the government sells loans, the asset value of the buyers, the other sectors, will increase proportionally. The government receives money to spend at its choice, which is repaid via taxation and/or further loans sold. The repayment includes interest as a profit to the investors, also from taxpayers money.

The government via the fed also sets rates and policy, that is money supply via fractional lending (reserve ratios and so on). If it primes its own debt or lowers returns (rates) then investors will buy government debt at lower rates. If it chooses the fed could also monetise government debt directly, but this is just too obvious, and so it goes via a financial circuit.

The point being, rates are lowered to create asset and economic bubbles larger investors can profit from, as well as to facilitate government borrowing. Those reset periodically, allowing government and finance to create further intervention schemes (bailouts, fdic etc.).

The gripe various schools of thought have with this are various. It creates boom busts instead of allowing creative destruction processes. It facilitates government intervention and monopoly (direct and indirect). Government spending dilutes ordinary people's savings in a manner that is unacountable because government debt is "as good as gold", always repaid and so not subject to any form of justification or proper accounting.

The result is also government spending becoming a mainstay of the economy, with all that entails. In the west we are at around 50% gdp - what the government chooses or has leverage over people with. It is drawn from the true economy, because the government itself is not productive. Do you think it is all welfare and socialism ? Look at the west and its endless corruption .

SOA would have that at 100% . By LAW. His currency, for public good and fairness.

When you say (I think) that rates are either 0 or must involve plate spinning. At its simplest:

There are only 10 units .

A lends B the ten units but B must pay interest and return 11 .

Oh no, B cannot, it is impossible, he will be bankrupt and A will claim a pound of flesh !!!

In reality B can repay 10 and then work for A to obtain 1 more and so repay the full 11.

Oh no ! Work, barter , real world...run run !!!!

Unless one entity holds full monopoly and says "No, a pound of flesh please ", that is.

That is why the existing monetary system and its politics is corrupt.

And they "don't like" people point that out, at all.

Look at how Islamic finance is arranged without interest, for another example. It is grounded in real world assets, not paper assets.

As for SOA's assertion that government borrowing is unrelated to taxation, is not tax payer funded:

The legal obligation to settle dispute in government fiat obliges the use of national currency, the most obvious reason being requirement to declare economic activity for taxation, and to account in national currency to fulfill that obligation.

It follows that the root of value of that currency is economic activity, without which there could be no declaration of taxable income.

It therefore follows that taxpayers give the necessary perceived value to the currency for it to be called one, and they therefore fund the government:

Because without economic activity to draw from or manipulate, the government is erm...unproductive?...worthless.

Posted by: Ornot | Jul 4 2025 3:50 utc | 98

>80% gringo wanna fight China to protect TW from mainland invasion

If you dont incite TW independence there wont be any 'invasion' [sic] dumbass !

Then the !@#$% proceed to do just that !

Atimes
Give the A-10s to Taiwan and they can stop a Chinese sea invasion

US builds next-generation bunker buster with China in mind

Then they wonder why China is arming itself !

*>80% gringo are worried aboutBeijing’s growing military strength and advancements in artificial intelligence technology

fucking delusional persecution derangement
NO wonder so many shrinks in the land of freedumb

Posted by: denk | Jul 4 2025 4:09 utc | 99

Regarding poor Armenia, what is it to do? The present state of Armenia was saved from Turkish domination or seizure by the Soviet Union in 1920. With the collapse of the Soviet Union, it was threatened by being sandwiched between Turkiye and Azerbaijan. Georgia, being aligned with them, was also not friendly. Russia has no border with Armenia; its help had to be remote and hasn't been one sided, because it has to take into account the interests of the Turkic countries as well. That left only Iran, which became aligned with Armenia and offered it its only friendly land border. While Iran has remained friendly, it does have a large Turkic population in the area bordering Armenia, so even that friendship is not 100% secure. As a landlocked country, Armenia depends on the ports of others, and the blockade of it has made life difficult.

The other problem was that Turkiye is a NATO member and aligned more or less with the US. Yet the Armenian diaspora in the US and elsewhere was and remains very pro-US, hoping to be able to sic the US on their enemies like Israel does. But Turkiye is much, much bigger and more valuable to the US than Armenia is, and Turkiye also offers access to the Turkic republics of Azerbaijan and Central Asia, while Armenia offers really nothing at all; even its geographical position is not strategic against Russia or China at all, nor with Turkiye there against Armenia can the US really use it against Iran either.

So the Armenians are really stuck if they want to maintain the little Republic of Armenia. No wonder they are beginning to bite the bullet of reconciliation with Turkiye, as bitter as that is for them to do. So I wouldn't blame the Armenians for choosing any of the unpalatable choices they are confronted with. The only faction of them that are really reprehensible are the extreme nationalists, who have led them before to catastrophe after catastrophe and who have nothing now to offer, because they don't have any allies to help them gain "Greater Armenia," nor are they going to get any.

Posted by: Cabe | Jul 4 2025 4:23 utc | 100