Tag Archives: NATO

Bits and Pieces – 20180910, Monday

Commentary

I would argue that mankind has always progressed through technological innovation from the production of stone tools and the control of fire, through the metallurgical discoveries giving us iron, steel and other metals that enabled the industrial revolution, to modern digital technology. The arts grew alongside the technology but as an economic adjunct enabled by the wealth and leisure it produced. Similarly, the affluence that spawned the modern welfare state is a benefit of technological progress.

I read John Mauldin’s latest letter on the rise of China. Part 1 of 3 promised parts, it creates a sense of optimism in China’s future through technology. Here’s the article: China’s Command Innovation.

Mauldin is a technology-based optimist. His projection is too linear and insular for my comfort, however. The technological advances he sees coming are logically predictable as a linear projection of current progress.

However, the ascendancy of China is anathema to the American Empire. One can see the rhetoric and military expansion that the US is using to try and contain China. The same containment used against Japan resulting in WWII, when used against China, will result in WWIII.

This will set back all areas  of technological development except perhaps military ones. A nuclear exchange may make the setback permanent.

A visit to a local museum had a large display of stone artifacts used by the local neolithic nomads. There were rounded rocks that had been used as primitive tools, but the largest part of the collection by far were the arrow heads which showed rather sophisticated manufacture. The principal use of iron and the development of blacksmithing started with the manufacture of iron knives and swords.

Apart from war, the arrival of the next Grand Solar Minimum is another factor that, based on historical precedence as described by Martin Armstrong in the section “Climate” below, will be a powerful disrupting force. It has brought down entire dynasties and civilizations in the past.

My thoughts about Mauldin’s optimism – he is one of the best free sources of economic thought out there – have been with me for a long time. China’s economic ascendancy he sees as a source of optimism about our future. But what really hit home to me today was how much in contrast, the West is in decline. Read the article. Now think about a future where the Chinese are producing STEM (science, technology, engineering, and math) graduates, the basis for wealth generation in a technological future while we are producing graduates in the arts, particularly social sciences like gender studies.

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The MSM and the AGW alarmist are using the extremes in weather as an alleged proof of the global warming hypothesis. They report record heat and record drought events while failing to report any of the thousands of record cold and record snowfall events that were occurring throughout the late winter and spring of this year.

The current heat and drought in Europe are not unusual as revealed by the appearance of “hunger stones”. I’ve seen a couple of references to this but Martin Armstrong has a good discussion around the topic: The Hunger Stones Have Appeared. Such stones have appeared in several rivers to which you should be able to find references if interested. I wonder if they will add 2018 to the rocks.

Bits and Pieces – 20180817, Friday

Commentary

To begin, here is the prescribed use of the term “conspiracy theory” as practiced by the CIA:

Since the 1960s the label has become a disciplinary device that has been overwhelmingly effective in defining certain events as off limits to inquiry or debate. Especially in the United States, raising legitimate questions about dubious official narratives destined to inform public opinion (and thereby public policy) is a major thought crime that must be cauterized from the public psyche at all costs…  against almost any individual or group calling the government’s increasingly clandestine programs and activities into question. From CIA Document 1035-960 . Source:Weaponizing the Term “Conspiracy Theory”: Disinformation Agents and the CIA.

Here is another comment on this CIA document from The Mind Renewed (CIA 1035-960: “Countering Criticism of the Warren Report”):

Bits and Pieces – 20180804, Saturday

Trade War

Richard Duncan wrote The Dollar Crisis revised in 2003. I reread it in 2008 at the height of the financial crisis and it read as if it had just been written, it so closely followed the crisis. No other book have I read twice, and no other economist do I have greater respect for. Here’s a rare piece from him: Podcast: Deconstructing Trump’s tariffs, turning point in history and the end of globalisation. If Trump’s trade war is not scaled back then expect this to come to pass.

To show how tariffs bring American jobs home, consider this: Harley-Davidson Begins Kansas City Plant Shutdown As Production Shifts To Thailand.

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 – 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 – 20180331, Saturday

Trade Wars: Martin Armstrong has some interesting perspectives on the US moves, in this very short blog post: Protectionism & Trade Wars. The next article looks at the role of vehicles in trade wars between the EU and the US: France And Germany Clash Over US Car Tariffs. But consider this graphic from the article:

Bits and Pieces – 20180325, Sunday

Commentary: This edition of Bits and Pieces is rather long in the tooth and perhspd less coherent than usual.

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