What We’re Watching

In no particular order and with no ranking of importance as we see it: Global seismic and geothermal activity. Are the events linked and if so will activity increase? Japanese monetary policy. Will Abenomics finally implode and take the Japanese bond market with it? The US presidential race. What happens with and around Trump may Continue reading »

Bits and Pieces – 20180724, Tuesday

Commentary

If you read only one referenced article in this post, make it this one: Trade Deficits And The American Empire. I came to accept the idea of an American empire a few years ago although I never attempted the research to argue the point. Sometimes you know you’re right and prefer to spend your time chasing other rabbits down there holes.

This article succinctly argues the point of an American empire, even without touching on characteristics of its military which I cover regularly. The article also, in the context of empire, explains why the US must have a trade deficit with the rest of the world, along with having a global reserve currency. Again, this is a point that I have covered on more than one occasion. The thing is that the author ties it all together in one beautiful little package.

This article is important because from it you will understand why, if Trump is to win his trade war, it will come at a much greater economic cost as the global system of trade will be damaged or destroyed and along with it the global financial system. Or in other words, to eliminate the trade deficit completely one must reduce imports and exports to zero. Consider what that will do to American jobs.

Bits and Pieces – 20180721, Saturday

Commentary

As you will have discerned by now, I consider that the CIA is the most evil organization on the planet. Much of its subversive operation has come into public awareness through declassified official documents, apart from accounts by people previously close to its operations. The problem is that it can take 50 years before documents get declassified and even then may be heavily redacted. Fortunately there are enough discerning people ferreting out its activities today.

A year ago I had thought to write an article about the CIA by collecting references to its activities involving assassinations of foreign officials and coups against democratically elected foreign governments. As I started to do research I discovered such a trove of information by people who had already gone down this path that I abandoned the effort as superfluous, other than for my own enlightenment.

In this post I will link to an article, the first of three parts, that details the actions of the US in Syria though its primary instrument of covert foreign intervention and subversion, the CIA. It should be a good addition to your reference list.

Bits and Pieces – 20180714, Saturday

Commentary

While the Clown Prince throws money everywhere he prances, the sheeple blindly run behind in hopes of catching a few dollars plucked from someone else’s pockets. McKinsey and Company have published a visualization tool, Visualizing global debt. Below is the chart and table that is interactive on their website but not here:

We see that Canada is the 9th most indebted nation in the world as a percentage of GDP. As the economy slows due to any number of factors such as recession here or in the US, rising interest rates or the end of the business cycle, GDP drops but the debt doesn’t change This means that the ratio increases in magnitude and our position deteriorates farther. We are extremely vulnerable to exogenous shocks and endogenous credit collapse. This is a train wreck that John Mauldin has been reporting on with links supplied in previous posts. I give you his concluding essay in a later section.

We have become a socialist country and the history of socialism has never witnessed a happy ending. As I keep warning, be a good boy scout … be prepared.

Bits and Pieces – 20180709, Monday

Commentary

Brief but more relevant, temporally.

Trade War

We like to have clear start and end dates for wars. Ray Dalio sees the tariffs against China launched by Trump a couple of days ago as an event that can spiral into a full-blown trade war which then has the potential to become a kinetic war.

Bits and Pieces – 20180703, Tuesday

Commentary

I watch a lot of YouTube videos  (we have no TV) for evening entertainment. Their recommendation algorithms throw up really interesting recommendations occasionally and I jot notes to follow up. This post is such a followup catch-up. It will be hopefully brief and somewhat eclectic. as an accumulation of weeks of cryptic sticky notes.

Bits and Pieces – 2018 – May/June

Commentary

This post has been gestating for well over a month. I need to get it out. Perhaps the most important item is one I received from a friend recently. It concerns how the Clown Prince’s narcissistic ego is threatening to absolutely destroy this country’s economy:

I have been focusing on setting up gardens. I expect the food I can grow will be important to my family in the coming years. If Trudeau blows away the auto sector then we will face very quickly, economic collapse.

There is a suggestion in the video that the government is dragging their heels on NAFTA waiting to see if the Mexicans will elect a left-wing president. Trudeau is stupid enough to think that in such a case, he and the Mexicans will have strength to get the NAFTA deal he wants. The problem is Trump holds all the cards.

Bits and Pieces – 20180515, Tuesday

Economic Warfare

Sanctions and Blockades

Here is an article that explains how sanctions can be used as a weapon of military warfare with actions by the US as an examples: Iran Sanctions: A Reminder Of How America Militarized The Financial System.

Bits and Pieces – 20180430, Monday

Commentary

While I continue to tinker with the topic structure of these posts, I realize that the overall framework or statement of purpose is to track the major issues that will impact us individually and collectively as a society, today and in the future.

This sounds ambitious. The work, however, is more of collecting and organizing current news and writings of various authors in a coherent manner. Each post might be viewed as a two-dimension slice through daily life structured in threads (topics) that across time, introduce a third dimension. This latter view of a thread is what constitutes an essay or a book.

Much of what I include involves little or no commentary on my part. Sometimes, an issue or an item bubbles to the surface resulting in a more extensive treatment on my part. I have several issues that I simply don’t have time to explore

This issue of Bits and Pieces reflects the growing attention I am paying to the propaganda aimed at controlling us.

Bits and Pieces – 20180423, Monday

Commentary

Jim Quinn has just published WINTER IS COMING (PART THREE), his third essay in a series based on the book The Fourth Turning by Strauss & Howe. It explains how the state of global political unrest is the end state of the current fourth turning.

I continue to make minor changes in the organization of the structure of these posts.

Bits and Pieces – 20180415, Sunday

Commentary

Trump got to fire his missiles and save face: Trump Orders Military Strikes On Syria: 3 Waves Of Airstrikes Launched. The generals got to brag: “We Successfully Hit Every Target”: Highlights From Pentagon Press Briefing On Syria Airstrikes, minor possible technicalities aside: Syria Claims It Intercepted 71 Out Of 103 Cruise Missiles; Pentagon Denies.

Apparently the three targets were largely abandoned anyway so no Russians or Iranians were killed although the Israelis decided to take out a few Iranians on their own: 20 Dead After Israeli Warplanes Reportedly Attack Iranian Military Base In Syria. Inquiring minds might wonder if bombing a chemical weapon storage facility is wise unless no weapons are present.

As for the Donald, he’s a showman and a true politician judging by the number of times he reverses himself: “These ‘Freedom Fighters’ Fly Planes Into Our Buildings” – A List Of All The Times Trump Warned Against Attacking Syria.

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