India loves it when external states tell them what to do. I’m sure in particular they will like the superior tone and talk about buying inferior American weaponry. It remains a little unclear to me if the Maerican establishment are deliberately accelerating the collapse but it sure as shit looks like it.

Posted by: Doctor Eleven | Jul 30 2025 15:20 utc | 4

pale face, forked tongue…..
Nato sounds alarm over ‘massive’ Chinese military buildup ..
———————————-
Britain ready to fight over Taiwan says Defence Secretary
John Healey made the remarks while aboard HMS Prince of Wales in Darwin, Australia, as the Royal Navy carrier strike …
——————
pale face speaking outta both sides of their mouth….
The ultimate volte-face
EPA attacks climate science. Here are the facts.
E&E News by POLITICO
https://www.eenews.net › Articles
5 hours ago — “Recent data and analysis show that even marginal increases in CO2 concentrations have substantial beneficial impacts on plant growth and agricultural …
Reconsideration of 2009 Endangerment Finding and …
U.S. Environmental Protection Agency (.gov)
https://www.epa.gov › system › files › documents
PDF
19 hours ago — SUMMARY: In this action, the U.S. Environmental Protection Agency (EPA) is proposing to repeal all greenhouse gas (GHG) emission standards for light-duty, …
302 pages
Trump’s EPA to repeal core of greenhouse gas rules …
Reddit · r/news
380+ comments · 21 hours ago
Summary. EPA’s action marks largest deregulatory move in U.S. history. EPA head claims carbon dioxide’s benefits are overlooked.
I have a few questions : r/climatechange – Reddit
82 posts
27 Jul 2025
EPA now says greenhouse gases don’t endanger people
485 posts
28 Jul 2025
More results from http://www.reddit.com
US to scrap landmark finding that sets limit on carbon …
AOL.com
https://www.aol.com › us-set-scrap-landmark-finding-1…
24 hours ago — In a statement, the EPA said that, if finalised, the move will save Americans $54bn (£40bn) in costs annually through the repeal of greenhouse gas standards, …
Carbon footprint
Wikipedia
https://en.wikipedia.org › wiki › Carbon_footprint
6 hours ago — A carbon footprint (or greenhouse gas footprint) is a calculated value or index that makes it possible to compare the total amount of greenhouse gases
EPA to propose scrapping greenhouse gas rule
Facebook · BP & Whiting Watch
3 comments
In fact, CO2 is a beneficial plant food necessary for all life on Earth. … CLIMATE CHANGE SCAM IS DYING Climate winning: EPA to eliminate CO2 emissions …
Tru
——————

Posted by: denk | Jul 30 2025 15:38 utc | 6

10 days from now is going to be fun get your popcorn out.
I don’t think most Americans realize how hard tariffs are about to hit them. The combination of 1) escalating tariffs, 2) companies slowly passing the cost to consumers, and 3) the repeal of the de minimis exemption in the Big Beautiful Bill, a lot stuff will be more expensive in 2027.
Looking at the Daily treasury statement now over $30 billion per month is being sucked out of the US via the tariff tax. This mug in the Whitehouse thinks it funds the US treasury.
$30 billion every month lost gone forever shredded out of the US economy.
Remember …
Trump has ex-post exempted ~60% of goods from tariffs” (most things from Mexico/Canada plus computers, smartphones, oil, drugs, etc all remain exempt from tariffs.
25% tariffs on all imports from Mexico will tank the US economy is true, which is why Trump exempted like ~85% of Mexican imports from tariffs a few days after imposing them.
Even with all these excemptions in place over $30 billion every month is now being taken out of the US economy.
In 10 days time if Trump goes ahead with the sanctions and secondary tatiffs. It will become known as exemption day.
There has never been a bigger clown in the Whitehouse.
It’s why you never see any of these tariff trade deals written down. It takes them months to figure out what should be exempt or not.

Posted by: Sun Of Alabama | Jul 30 2025 16:21 utc | 8

Posted by: Doctor Eleven | Jul 30 2025 15:20 utc | 4
######
Ignorance + arrogance are accelerants.

Posted by: LoveDonbass | Jul 30 2025 16:25 utc | 10

Trump also noted that India “always bought a vast majority of their military equipment from Russia” and is the largest buyer of Russian energy resources along with China.
“India will therefore be paying a tariff of 25%, plus a penalty for the above, starting on August first,”he added.
Posted by: Newbie | Jul 30 2025 15:01 utc | 3
Completely ignore the headline figure. It’s all kabuki theatre.
Concentrate on the exemptions instead. These countries know they have him over a barrel.
Trump is a clownshow. This is what happens when you have convinced yourself you still live under a gold standard, fixed exchange rate type monetary system. Still believe tariffs fund the treasury.

Posted by: Sun Of Alabama | Jul 30 2025 16:54 utc | 12

Daniella Weiss affirms that palestinians must “re-settle” palestinians to make israeli settlements in Gaza possible.
https://www.youtube.com/shorts/QTawLmsQWfc

Posted by: WMG | Jul 30 2025 17:01 utc | 14

Speaking of forked tongues, India is still selling weapons to Izzyhell. Modi has the Turkish mutt as a role model.
Shout out to Roger Boyd. The latest on his substack is a real eye opener.

Posted by: Formerly Miss Lacy | Jul 30 2025 17:13 utc | 16

Ruh roh. Looks like the Orange Blowhard, King Trumptard the first, emperor of mankind isnt going to get those Panama ports. Best go cry in a corner about it, and get used to the losses as a lot more are coming. Im sure he can cover his ass by shouting a lot, talking big and waving his hands around. The cultists eat that shit up.

Posted by: Doctor Eleven | Jul 30 2025 17:24 utc | 18

@ Mmm Ice Cream So BAD | Jul 30 2025 17:02 utc | 15
Just like excessive ice cream, excessive “concern” is bad for your health…

Posted by: Jeremy Rhymings-Lang | Jul 30 2025 17:28 utc | 20

Tucker Carlson’s interview with Richard Werner (available here https://www.theautomaticearth.com/2025/07/debt-rattle-july-30-2025/) is the best treatise on macro-economics that I have ever come across.
One of his indirect conclusions, a theme that I have commented on many times, is that decentralized decision-making is central to any society’s success. In this interview Richard Werner focuses on the need for decentralized banking.

Posted by: dh-mtl | Jul 30 2025 17:58 utc | 22

@3
“The United States will introduce 25% tariffs on imports from India since August 1”
Would that be before or after approving Microsoft’s request for 14,000 H1-Bs? Can H1-B workers even be tariffed?

Posted by: Fred777 | Jul 30 2025 18:21 utc | 24

Republicans are busy “gerrymandering” the election districts to ensure the victory in the next midterms.
https://www.youtube.com/watch?v=619skIzagaM

Posted by: WMG | Jul 30 2025 18:48 utc | 26

Republicans in the US are busy “gerrymandering” (re-districting) the election districts to ensure the victory in the next midterms. There is a chance that the Democrats will never win an US election again.
https://www.youtube.com/watch?v=619skIzagaM (length: 7 minutes).

Posted by: WMG | Jul 30 2025 18:51 utc | 28

Trump also noted that India “always bought a vast majority of their military equipment from Russia” and is the largest buyer of Russian energy resources along with China.
“India will therefore be paying a tariff of 25%, plus a penalty for the above, starting on August first,”he added.
@ Posted by: Newbie | Jul 30 2025 15:01 utc | 3
————
Huh. Well, there goes the old American “free market” trope. About time; it was defunct round about the same time the Constitution was signed by all those rich slave-owning o-fay honkies.

Posted by: teri | Jul 30 2025 19:13 utc | 30

Posted by: dh-mtl | Jul 30 2025 17:58 utc | 22
Is that you just coming across Richard Werner now ?
Watch Princes of Yen on you tube it is how Richard became famous along with this …
Richard showed and proved banks create money out of nothing. They wouldn’t allow this seminal paper published in a mainstream econ journal.
https://www.sciencedirect.com/science/article/pii/S1057521914001070
So far so good.
Unfortunately, Werner then wandered off into his favourite sovereign money solution.
Which doesn’t work the way his proponents thinks it works.
That liability side restrictions right up to 100% reserve banking simply will not control banks.
Since in fact banks are able to create money out of nothing, imposing higher capital requirements on banks will not necessarily enable the prevention of boom–bust cycles and banking crises, since even with higher capital requirements, banks could still continue to expand the money supply, thereby fuelling asset prices, whereby some of this newly created money can be used to increase bank capital.
The fact that some of his ideas simply won’t work doesn’t take anything away from his Princes of Yen film and that banking paper of his. They were quite ground breaking at the time.
We actually used some of his thinking to create the permanent 0% interest rate policy. Which then leads onto the MMT proposals of asset side restrictions. Requiring banks only lend for appropriate purposes.
That fixed everything Werner was trying to fix via his liability side constraints but failed.

Posted by: Sun Of Alabama | Jul 30 2025 19:20 utc | 32

Posted by: dh-mtl | Jul 30 2025 17:58 utc | 22
It’s far better to kill it at source rather than let it run free and try to control it afterwards.

Posted by: Sun Of Alabama | Jul 30 2025 19:27 utc | 34

Former CIA Director Brennen claims that more Americans watch RT TV rather than CNN.
This is a headline at RT.

After seeing this, I considered posting it on social media, but quickly realized this would have more people on alert because Putler’s coming, than it would go to show that western MSM is a lost cause. So I don’t buy it.

Posted by: persiflo | Jul 30 2025 19:28 utc | 36

We actually used some of his thinking to create the permanent 0% interest rate policy. Which then leads onto the MMT proposals of asset side restrictions. Requiring banks only lend for appropriate purposes.
That fixed everything Werner was trying to fix via his liability side constraints but failed.
Sun Of Alabama | Jul 30 2025 19:20 utc | 32

It’s an interesting point, but I suspect you offloaded at least part of the credit allocation problem here – “must be regulated”. Perhaps the Marxists would agree?

Posted by: persiflo | Jul 30 2025 19:34 utc | 38

Posted by: NH | Jul 30 2025 19:20 utc | 33
You’ll like this.
Whose interest does the IMF really serve?
https://m.youtube.com/watch?v=pRrAVQMcBU4
By Fadhel Kaboub my favourite global South economist.
Fadhel is everywhere nowadays this was from yesterday. He knows how money actually works. Changing perceptions in the global south.

Posted by: Sun Of Alabama | Jul 30 2025 19:48 utc | 40

Wonder if anyone has pointed out to DJT that currency is not entirely interchangeable with money? And that the MMT-ers deliberately obfuscate the differences, using the term “money” when they are actually talking about “currency”?
Confuse, obfuscate and deny is their modus operandi; the MMT fundamentalists are just as zealous and bigoted as their religious counterparts.

Posted by: Jeremy Rhymings-Lang | Jul 30 2025 19:59 utc | 42

. In New Delhi, about thirty activists of the Hindu Right’s political formation, the BJP, stood before the US Embassy outraged with this news. “We are not cats,” said one man, “we are lions.”
And lions don’t lie with the lamb, or with the goat.
Which is why the Hindu Right government does not want to make nice with Pakistan, and much prefers the other lions in the region, such as Israel, and the big lion of the planet, the USA.

https://tinyurl.com/n32k65su
Thats all folks

Posted by: denk | Jul 30 2025 20:24 utc | 44

@ Sun Of Alabama | Jul 30 2025 20:29 utc | 45
<sigh> It’s pointless trying to debate with fundamentalist zealots such as yourself. You won’t ever acknowledge the possibility that your theories, your processes might actually make things worse for the ordinary wage-earning worker, the struggling small business proprietor or what ever is left these days of the equivalent of a Mittelstand.
You pontificate from your ivory tower, having made your pile at the expense of others and now you are desperately trying to defend your ill-gotten gains, lest a return to measures of value based upon actual, tangible reality blows up your fantasy, phantom finances. Your bourgeois, pro-hegemon mindset shows in all your posts, even if you don’t realise it.

Posted by: Jeremy Rhymings-Lang | Jul 30 2025 20:42 utc | 46

Posted by: Jeremy Rhymings-Lang | Jul 30 2025 19:59 utc | 42
If you did actually read for a change. Instead of listening to complete right wing bullshit on social media.
You would learn very quickly right at the end of your face that there is no deliberate obfuscate the differences, using the term “money” when they are actually talking about “currency”.
None whatsoever…
It couldn’t be more clear the distinction we make. Regardless what some ideologue on the internet tried to tell you what they think we say.
Without also reading one single white paper. That’s what ideologues do.
A 10 year old can tell you the distinction we make.
Ideologues are not interested in debate. They just want to cancel and silence. It has been that way for over 40 years.
That’s THE problem.
But you would struggle anyway. Pointing at the savings clock and calling it debt. You will need to read for at least 10 years just to catch up to where the current debates sit. You are still stuck in the 1960’s.
We even produced a book – EXACTLY for people like you Jeremy. As we have heard all this nonsense and bullshit accusations before.
Here:
https://gimms.org.uk/2023/01/21/modern-monetary-theory/
But you won’t even read it. You are not interested in any way shape or form in learning what your political opponents have to say.
Some right wing ideologue told you what MMT is. You believed them without checking it out for yourself. You are lazy and only like bull shit spoon fed to you.
That means your stupid Jeremy. Dumb as a bag of spanners and can’t think for yourself.
90% of MMT’rs today started out like you Jeremy. I was one of them. Didn’t believe one word of it and spent hours and hours, days and days, weeks and weeks, month after month trying to prove MMT was wrong.
We couldn’t , Stephanie Kelton couldn’t, Bill Mitchell couldn’t. Randy Wray couldn’t. In turned out What Warren Mosler was telling the world was actually true.
Hence, we all became MMT’rs. I spent 20 years of my life trying to disprove it. I couldn’t. None of us could.
That fact passed you by.
Because you are a typical right wing ideologue with an inability to learn anything new. Or anything that challenges your beliefs.
Which is your problem not mine. Deal with it Jeremy as it very clearly a deep psychological issue you suffer from.
Or you are just plain old stupid.
Only you will know which one is true.
No I am not going to help you. Read the fucking book if you really want to know who we are. We wrote it for you.

Posted by: Sun Of Alabama | Jul 30 2025 21:12 utc | 48

I was just on Twitter and I saw a post by lawyer Robert Barnes who is old school MAGA and a genuine populist.
He mentioned that Trump is using tariffs as a political tool and that could become problematic.
His followers are mostly MAGA, he was getting beat up in the replies for “having TDS” because he made a mild comment on the legality and practicality of tariffs as politically directed.
It’s a cult.

Posted by: LoveDonbass | Jul 30 2025 22:47 utc | 50

It’s a pain in the ass to sort the MMT debate out. While I kind of appreciate SoA’s stubbornness, he still sucks at teaching. The above lesson for Jeremy consists of 17 double-spaced paragraphs of slight, ending in “I won’t help you” while giving no primary information. At least there’s a link, plus a confession by SoA himself that he was as dumb as bag of spanners for twenty years, until he found he couldn’t disprove MMT. He then found comfort in the fact that some others couldn’t do as well. Good for him I guess. For us, it’s borderline trolling.
I have a constant feeling that it’s being talked past one another a lot on this. There is a premise which goes into SoA’s theories which does not get resolved again and again: how does one relate one exchange medium (money) with others (currency)? If you accept that money has no intrinsic value while everything else of “value” relates to it by a means of exchange, his basic assumption seems to work. For me, at least for now.
There are a lot of questions surrounding this. As by now seems clear, my own grasp of the english language is fair enough, but not up to the task of reformulating the science of economy in my own terms. This is mostly to do with the concepts at play, I guess. They don’t make any sense of their own, plus they are completely specialized in their meaning, plus I never got myself into digging into this topic even when visiting a course at a German university back in the day. However, if this goes on, I’m going to eventually get around to it. Might take years, though; and it will be harder if the whole thing is a bogus argument to begin with.
Obfuscation is easy. FFS, SoA, come down from your pedestal and provide some handy arguments for the discussion instead of wasting energy to denigrate people, otherwise I can’t fault anyone who skips listening to you on this.

Posted by: persiflo | Jul 31 2025 0:13 utc | 52

@52 persiflo
Money is metal coined by fineness and weight.
The temple of Juno Moneta where this (or next to where this) occurred, gave its name.
Moneta, if I remember after the story of the geese giving warning, gives warning, monitors. It is thought she was related to Greek Mnemosyne, the godess of memory.
There is no other proper definition that I am aware of. Of course, the term has since been ‘appropriated’, that would be to take advantage of the credibility of the original meaning or value.

Posted by: Ornot | Jul 31 2025 0:59 utc | 54

Pale faced, forked tongue…
Central Tibetan Administration
25th EU-China Summit Spotlights Tibet Human Rights Concerns
Brussels, 24 July 2025: At the 25th EU-China Summit held in Beijing on 24 July 2025, the European Union reiterated its deep concerns about…
——————————————
‘Indian’ [sic] Northeast.
The Tibet that no anglo/euro wanna talk about.
It consisted of seven Mongoloid states [seven sisters] populated by immigrants from Tibet, Yunan, Burma ,,until the Brits gobbled them up, then gifted to India
The seven sisters wanted no part in India after 1947, Delhi answered by sending in divisions of brutal jawans.
After 70 years of genocidal wars, hundreds of thousands dead and maimed, the seven sisters were utterly crushed, physically and spiritually, resigned to their fate groaning under the dreaded AFSPA anti insurgency law, a license to kill [and rape]
Exhibit A
A Naga
https://tinyurl.com/yjx7bvdv
Indian heartlanders call the ‘North East’ folks chinki faced terrorists, while the
latter called the intruders aliens.
A glimpse of life under the AFSPA regime

”There is a generation of Nagas who are so terrified of the army that they wet themselves at the sight of a green uniform,’

Im no ‘human rights activist’ by a long shot, if Im aware of such monstrosity why not the G7 ,those self anointed guardian of humanity ?
These sanctimonious pricks [and cunts] went to Delhi and talk about shared values !
They went to Jakarta and praise it a model Muslim nation, ‘you’re our kind of guys;’ blah blah blah,
Never heard of the mass rape of ethnic Chinese in 1998 ?
Or the 1965 genocide ?
[Both made in FUKUSA ]
When in ME hoppnobbing with the oil sheikhs, they darent even whisper that
four letter word,,,democracy !
But every time these sanctimonious pricks went to Beijing , often with begging bowls in hand, they had to bleat about imaginary genocides in ‘Tibet, Uighurs, HK’ blah blah blah
They had to or else the home crowd would be baying for blood, cuz they just ‘sold their principle [sic] to the Chinese’ !
What a culture of deceit !
Dont get me started on Iraq or….Gaza !
https://tinyurl.com/2vrsryrh

Posted by: denk | Jul 31 2025 4:06 utc | 56

MOATS, with George Galloway
https://www.youtube.com/watch?v=VxavbgJMP-s
“Epstein stalks Trump/ Recognising Palestine – with Richard Medhurst & John Hurson.”

Posted by: JohnGilberts | Jul 31 2025 4:20 utc | 58

RE: 15% Tariffs on our biggest Allies ?
If Trump does successfully squeeze our Allies for 15% Tariffs AND $600 billion in new funds come into the Treasury in FY2026, THEN 2027 insolvency crisis might be adverted. Very slim chance but it’s still a chance.
BTW The collapse of the dollar system will be a world wide depression. That is, unless some other system is devised to replace this one.
The alternative trading system already exists. The architecture of a non-USD trading system started to be created in 2014. by 2022, the alternative system really started to expand. By 2027, de-dollarization will be just about completed within 87% of the world.
Note – looking at SWIFT flows is misleading. The alternative system doesn’t use SWIFT.

Posted by: exile | Jul 31 2025 6:06 utc | 60

Russia to spend $1.1 trillion preparing for ‘upcoming large-scale war,’ Ukraine’s intel chief says

Posted by: 4637 | Jul 31 2025 9:45 utc | 62

Posted by: exile | Jul 31 2025 6:06 utc | 60

Not long ago were were told over and over that the American consumers paid every tariff … but it’s amazing how quickly this has shifted over to tariffs being imposed on foreigners.
Go figure! Obviously, economists make it up as they go along.

Posted by: Tel | Jul 31 2025 10:17 utc | 64

After seeing this, I considered posting it on social media, but quickly realized this would have more people on alert because Putler’s coming, than it would go to show that western MSM is a lost cause. So I don’t buy it.
Posted by: persiflo | Jul 30 2025 19:28 utc | 36
I have a hunch that if usians were getting news from RT, they may not be in this predicament. No sale here either.

Posted by: Tannenhouser | Jul 31 2025 10:53 utc | 66

It’s a pain in the ass to sort the MMT debate out.
Posted by: persiflo | Jul 31 2025 0:13 utc | 52

I have always pushed back against Sun Of Alabama’s evangelization of MMT as a tool to MAGA, so keep my bias in mind. And before you get the wrong idea, I’m not some gold or silver bug either. I’m a very boring fiat money as a medium of exchange person.
For a general overview of MMT, you can machine translate this Chinese article titled The MMT Controversy. The author is just a commentator (like Hu Xijin) and is in no way representative of what the CPC’s official stance on MMT is. For a pro-MMT perspective, take a look at Michael Hudson’s The Use and Abuse of MMT. What I’m about the share is drawn from the articles I mentioned and from debates on MMT in Chinese spaces.
MMT is mostly developed by people who assume that money creation in non-US countries work just like the US and global dollar hegemony is some eternal, inviolable “natural law”. Without these assumptions, MMT falls apart quite easily.
The basic tenets of MMT:
1/ Modern money is backed by trust/faith in a government, and this trust can take on other names like debt and credit.
2/ The idea of governments with monetary sovereignty being in debt is preposterous because governments can always “print” money to cover its debts.
3/ Constraining government spending (and thus money creation) due to worries over excessive government debt harms the economy by introducing inflation and dampening consumption.
4/ Full employment can be achieved if the government can just spend, spend, spend. That is, with the caveat that the spending goes to the right places, of course. And that is one hell of a caveat for a bourgeois dictatorship (liberal democracy). The pro-MMT Hudson showed how it was (emphasis on the past tense) abused.
A big part of MMT’s foundation is accepted by countries issuing fiat currencies, so MMT is not some radical departure from conventional wisdom in those areas. However, most countries do put a limit on their money “printing” because they are cognizant of the fact that trust in a government erodes rapidly when “printing” is not commensurate with the perceived ability of the government to back the currency in hard assets or productive capacity. MMT fantasists are unable to comprehend these limits because they are accustomed to being Americans and the dollar being perpetually in demand. The MMT fantasists do not ask hard questions about why the dollar is perpetually in demand.
But non-Americans do (machine translation):

Objectively speaking, MMT is not without its debatable aspects. For example, MMT believes that “as long as the interest rate on Treasury bonds is higher than the interest rate on reserves”, financial institutions will convert reserves into investments in Treasury bonds. We must understand, however, that there are also preconditions to achieve such a market result, such as the fact that the government bond market is so developed and so liquid that no matter how many government bonds financial institutions sell, they can find suitable takers and will not have too great an impact on market prices. But does such a market for Treasury bonds exist? Can a second market be found in the world that can rival the U.S. Treasury market? If the government bond market does not guarantee the smoothness of the purchase and sale of government bonds, do financial institutions still dare to use their reserves to buy more government bonds? We must understand that financial institutions must not only talk about profitability when investing, but also consider liquidity.

The article writer I quoted was being extremely polite.
In a lot of the debates that I’ve seen, much of it dating from before the article’s publication, the most common criticism directed against MMT that I’ve seen is that MMT is only workable when you control the global reserve currency. Oh, you want to start trading oil or other commodities in currencies other than the almighty US dollar? You want to develop tech like chips that challenges our global monopoly (which requires you to purchase that tech in our currency)? Get ready to be couped, sanctioned and/or bombed to death. These actions most definitely do not affect how the world sees the US as the only safe harbor to park their capital, wink wink, nudge nudge, say no more. The US dollar is so in demand because of the world’s trust and faith in American democratic institutions and productive capacity, it’s definitely not because of our overgrown capacity for violence.
Sun of Alabama may strenuously express his hatred towards Trump, but it’s not because he’s anti-imperialist. SoA is simply disappointed that his fascist of choice (some pro-MMT Democrat Biden or Obama) isn’t in charge. SoA’s recent posts reveals his true position. SoA is willing to appeal to the right-wingers by supporting their narrative of Trump’s actions being 5D chess kabuki theater or that criticisms against Trump’s economic policies are misguided in hopes that the right wingers would listen to his MMT gospel.
Americans and American wannabes shoving America-centric ideas like MMT down the throat of the rest of the world is nothing new. Chances are you’ve heard of criticism of Russia’s slow-mo SMO or Russia’s supposed abandonment of allies in the Middle East or China’s strident non-interventionism. Americans cannot conceive of other nations’ armies not being imperial armies meant to enforce hegemony abroad and therefore incapable of the adventurism they are accustomed to from American stormtroopers. Americans cannot conceive that other nations not having the entire world paying tribute to them via the petrodollar system constrains the options these other nations have available to counter American hegemony.
The heart of the problem, as always, lies in America, the imperial core, the very bastion of capitalism.
Death to America
Marg bar Âmrikâ
Marg bar Âmrikâ
Marg bar Âmrikâ

Posted by: All Under Heaven | Jul 31 2025 11:53 utc | 68

“Owl Xerxes”
“Product Guy”
“Ok Woodpecker”
SMO not going well for the ukrops, cope trolls out in force.

Posted by: Fred777 | Jul 31 2025 13:28 utc | 70

Picture a top Chinese delegate visiting the Isle of Wight, off the coast of Southern England – to talk about arming it with missiles, and going to war with England to defend it against English aggression, and you have the madness that is this, or even swap out the Isle of Wight for Hawaii and the US – do you think Washington would allow a top Chinese delegate to visit Hawaii – or to allow China to arm Hawaii.
“A leading US Republican senator is set to head a congressional delegation to Taiwan in August, the Financial Times reported on Thursday, citing sources familiar with the plans.
Roger Wicker, the top Republican on the Senate Armed Services Committee and a staunch advocate for Taipei, is expected to reaffirm American support for the island amid signs that the administration of US President Donald Trump is adopting a more conciliatory approach toward Beijing”

Posted by: Republicofscotland | Jul 31 2025 14:24 utc | 72

Posted by: All Under Heaven | Jul 31 2025 11:53 utc | 68
Thanks for your explanation of MMT.
As far as I can see it, MMT looks like an attempt by economists to legitimize politicians’ attempts to ‘fudge’ economic data, by printing money, in order to give the appearance of a properly functioning economy, when in actual fact the economy is anything but properly functioning.
When I look at the U.S. economy, I see an economy that is plagued by waste, while not being able to produce the goods and services required by the population. Printing money is required because the money leakage out of the economy (to the elites and foreign countries) is so great that the normal path of monetary expansion, through the banks, no longer works. In other words MMT is an attempt to paper over the problems in order to avoid actually addressing the root causes.
It reminds me of the student who focuses on test results, while forgetting that the reason to go to school is to actually get an education.

Posted by: dh-mtl | Jul 31 2025 14:32 utc | 74

China’s trade .vs. U.S. trade. Linked below, this 9-minute vid from a first-class presenter says:
a. China doesn’t need U.S.
b. U.S. only has a few things China needs: food and energy. W/r/t China, U.S. is now a 3rd world commodity exporter
c. China has nearly completed the substitution of trade to other markets to replace what it was formerly exporting to U.S.
It gets way more dramatic. There’s a map of trade flows for U.S. and China. Shows share of world trade involving the two countries; one snapshot is year 2000, the other 2025.
President Trump: got cards?
This is well-researched data – with references – backed up by actual trade flows, easy to debunk if it was false. Presenter has command of the subject, efficient and fast delivery.
Larry Johnson’s blog put me on to it; this link takes you directly to the presenter. If you want insight into how China’s economy is building out, tough to do better than Inside China Business youtube channel.

Posted by: Tom Pfotzer | Jul 31 2025 15:34 utc | 76

Thank you, jayc at Jul 31 2025 3:13 utc | 55. I. F. Stone exactly!
I couldn’t stop thinking back to those days, after the link I gave to the Consortium News discussion at 53. The advances the internet now give us are well delineated by the ‘tar baby’ trap being delved into by Mr.Binney and Mr. McGovern. Bravo to them.
I can remember discussion taking place on the subject of tv furnished info — well, the internet needs to be put under that microscope as well. These are news traps we need to be aware of, particularly in light of how essential the internet has become as other sources of information dry up or are assimilated, however you want to describe the process.
Here is part of a comment from the Ukraine thread that I have just read:
“… Personally, I think the ongoing revelations in the US are going to be a tsunami, reshaping politics forever there, the interesting thing will be what will be the size of the waves reaching Europe and how much damage will they cause.”
Posted by: Milites | Jul 31 2025 11:36 utc | 117
Thank you, Milites! I will go out on a limb and apply that comment to my link at 53. I would consider the Russiagate revelations to be as important for this time as were the explosive dimensions of the original Watergate ones back in the day. That was a tsunami; this time it is the earthquake itself, whose tremors we are only beginning to see.
I’ll even say that Trump is out there wobbling about on his surf board, waiting for the big one — a comical,frustrating figure, but at the very least a brave one.
Let’s think about the Watergate tsunami in the US — it maybe didn’t uncover enough of the land beneath before it swept in, but perhaps now that will happen. The tide will go far, far back. All the way back through the assassinations to WWII itself, as post-wartime institutions got their beginnings and critical peace-focused realignments were taking place. That’s the stretch of history some of us can still say we have lived through; and we’ve all here been studying parts of it thanks to b and commenters, even if our lives began later than those beginnigs.
It will be a Revelation when it happens, so either grab your own surfboards, or head for high ground. But first up — do, do check out that Consortium News video!
https://www.youtube.com/watch?v=C076WWAP3ak

Posted by: juliania | Jul 31 2025 17:05 utc | 78

People in Donbas receive water twice a week: russians don’t have money to dig

Posted by: Green Eye Of A Demon | Jul 31 2025 18:05 utc | 80

Its not just foreign tech companies that the Zionist Starmer is censoring.
“The White House has issued a “warning” to Keir Starmer to “stop censoring US tech companies free speech”, the Telegraph reports.”

Posted by: Republicofscotland | Jul 31 2025 18:10 utc | 82

Der Starmer’s clever Zionistic reformulation of the Nuremberg laws will not avail him in Nuremberg II[Grounds of Principle TBD].

Posted by: Laurence | Jul 31 2025 18:40 utc | 84

A new vaccine shoot is on the cards in the UK.
Looks like the UK Government is about to ramp up it’s propaganda with a campaign for vaccines in the Autumn.
This is an email to actors from London-based ET Casting that went out on 23rd July.
“Real People needed for VACCINES campaign!
Hi everyone,
As mentioned, we are now casting for additional (adult) roles for our Vaccines awareness campaign for Department of Health & Social Care.
Who are we looking for?
– Parents with young kids (Under 1’s-5yr olds)
– NEW ROLE: Pregnant women with visible baby bumps (in their 20s-40s)
– NEW ROLE: People with Long Term Health Conditions (LTHC) – heart, diabetes, respiratory, liver, kidney, neurological, immunosuppressed (30-40yrs old)
Shoot dates
1-2 x days per person/family during w/c 18th August
Fees
Kids: £200 day rate + £500 – £1,000 buyout
Adults: £300 day rate + £1,250 – £2,500 buyout
(Higher buyout if talent featured in both stills & moving image part of the campaign, lower buyout if featured in only one)
Interested?
Get all the details and apply here:
(LINK in thread below)
As always, this casting is fully inclusive — we welcome everyone to apply.
Thanks so much,
Team ET Casting x”
Our Target Audiences are Pregnant Women, Parents (0-5 years) and People with Long Term Health Conditions . Pregnant Women & Parents need reassurance that by vaccinating their child, they can have piece of mind, knowing they’ve done the best/all they can to protect them. People with LTHCs know they can get ill, but don’t acknowledge how ill they could get.”
Their “shoot” date is 18th August and they’re offering large buyout fees (which means this is a BIG campaign and they’re trying to reduce their residual payments to participants):
“Shoot dates: 1-2x shoot days per person during w/c 18th Aug
Location: London – we are happy to consider people from all over but please note, you would need to have a London base during the shoot. Travel & accommodation will not be covered.
Fees
Kids: £200 day rate + £500 – £1,000 buyout
Adults: £300 day rate + £1,250 – £2,500 buyout
(Higher buyout if talent are featured in both stills & moving image part of the campaign, lower buyout if only featured in one)
Usage: All media, UK, 3 months”
https://nitter.poast.org/MarkAttwood/status/1950819449260343610#m

Posted by: Republicofscotland | Jul 31 2025 18:51 utc | 86

Hush little baby, Don’t say a word
Never mind that noise you heard …

Posted by: Laurence | Jul 31 2025 18:57 utc | 88

Peter Kyle is typical of the brain dead yes men and women that now haunt the political corridors Britain.
“The UK Minister for Technology has urged citizens to stop using VPNs, to help them circumvent the new Online Safety Act.
The UK’s Science, Innovation & Technology Minister flunked secondary school, had to apply three times to get accepted on an “international development and environmental studies” course at a third rate university, scored a doctorate in “community development”, and his work experience before politics consists entirely of youth charities, and talking about youth charities.
Until this precise moment, his life has never intersected with science, innovation or technology. He is the government minister for science, innovation and technology.
He is emblematic of a system – spanning both governing parties – that is stuffed with well-intentioned moralists with absolutely no technical skills or meaningful knowledge.
Which is why one of the most far-reaching and incompetent pieces of legislation in political history resembles a Simpsons “Won’t Somebody Think Of The Children!” meme.”

Posted by: Republicofscotland | Jul 31 2025 19:11 utc | 90

To be honest I expect India will side with the US and the UK. I constantly see Indian people online posturing how flexible their country is but to me it has always looked like just another post-colonial state that still has massive ties to the US and Britain and cannot really conduct its own foreign policy when the US threatens them.

Posted by: steward of Gondor | Jul 31 2025 20:25 utc | 92

Posted by: tobias cole | Jul 31 2025 21:32 utc | 96 My loathing for Sir Keir Starmer is limited by two things. First, accepting a knighthood is officially acknowledging you’re part of the ruling class. Open villainy is more admirable than hypocritical deceit. Second, the dude is in England and what else would you expect from a bunch of monarchists?
But this comment is so idiotic it makes the despicable Starmer look like a victim, the target of a hack propagandist who deserves a defense in the name of common sense and common decency. Of course Starmer doesn’t—-it’s idiots like this who should be shamed, since they are themselves shameless. Who else would cite scifi movies as precedent?
By the first move of any good fascist government is to seize control of public firearms/police forces and free them from anybody else’s control.

Posted by: steven t johnson | Jul 31 2025 22:23 utc | 94

Posted by: I forgot | Jul 31 2025 22:25 utc | 98
Weapons free.

Posted by: Laurence | Jul 31 2025 22:36 utc | 96

CTV News
‘Hard for us to make a trade deal’: Trump on Canada recognizing a Palestinian state
Global News
Trump to Canada: Recognizing Palestinian state makes trade deal ‘very hard’
CBC
‘Couldn’t have asked for anything more’: Winnipegger on Canada’s intent to recognize Palestinian statehood
National Post
Michael Higgins: Mark Carney abandons Canadian principles for pinky promises on Palestine
More: Withdraw recognition of `Israel’.

Posted by: Laurence | Jul 31 2025 22:54 utc | 98

Apologies, as I haven’t yet read back to my last post. I strongly recommend Nima’s interview with Alex Krainer, particularly the last half of the conversation. The question comes up concerning the learning curve in the US, which took me right back to Watergate. The learning curve there unfolded in a dramatic way as elements of the coverup came up on all the televised events that finally led to Nixon’s resignation. No, he was never punished, but that was how he was forced from office. And citizens had learned what was happening in the ‘deep state’ of that time, with elements of appropriate government supervision televised day by day, week by week.
So, don’t think that the prosecutions which may not lead to jailtime are unimportant. They are an important part of the citizen learning curve which needs to happen. james, this was a good effort on Alex Krainer’s part — what do you think?

Posted by: juliania | Aug 1 2025 0:11 utc | 100