Larry Johnson Discusses Bull Durham

No, not that Bull Durham. But since we stumbled into this part of town, maybe a quick reprise would be in order. Don’t think, just throw – words to live by. Mark Wauck reprises Bull Durham in an interview with Larry Johnson: https://meaninginhistory.substack.com/p/larry-johnson-on-the-durham-non-report Today Larry Johnson links at his site to a podcast he didContinue reading “Larry Johnson Discusses Bull Durham”

Bakhmut Falls

Per Southfront: https://southfront.org/head-of-wagner-pmc-statement-on-capture-of-bakhmut-video-english-subtitles-text/ Yevgeny Prigozhin, head of the Wagner PMC: “Today, May 20, 2023, at 12:00 local time, Bakhmut was completely captured. The last section of the city’s development, the so-called multi-story “Airplane” complex, was seized. The operation to capture Bakhmut lasted 224 days. “The Bakhmut meat grinder” began on October 8, 2022, to giveContinue reading “Bakhmut Falls”

End of the American Republic

The Durham Report: https://www.justice.gov/storage/durhamreport.pdf Key Takeaways: Here is Mark Wauck’s take: https://meaninginhistory.substack.com/p/bull-durham-master-of-the-bleeding Bull Durham, Master Of The Bleeding Obvious: The Russia Hoax Really Was A Hoax The Real Story: The US/UK Deep State And Their Political Enablers Got Away With This Hoax, And Got The Disastrous War On Russia That They Wanted. The Losers InContinue reading “End of the American Republic”

Are Banks Solvent?

NY Times: https://www.nytimes.com/2023/05/04/opinion/silicon-valley-bank-first-republic-financial-crisis.html In an NY Times OpEd, Professor Amit Seru (Stanford) write: “A damaging combination of fast-rising interest rates, major changes in work patterns, and the potential of a recession could prompt a credit crunch not seen since the 2008 financial crisis.” Could? Well, we can see deposits draining over the past year. CreditContinue reading “Are Banks Solvent?”

Is There a Counteroffensive?

Moon of Alabama -May 2, 2023:https://www.moonofalabama.org/2023/05/ukraine-sitrep-offensive-in-doubt-no-talks-social-breakdown.html#more May 02, 2023 Ukraine SitRep: Offensive In Doubt – No Talks – Social Breakdown Since early April, when Pentagon briefing slides about the state of the Ukrainian army ‘leaked’ onto the web, the writing in ‘western’ media about the much discussed Ukrainian counteroffensive has become more gloomy.The hyping is largely goneContinue reading “Is There a Counteroffensive?”

US Bank Deposits

Like some many sectors, US commercial banks are an oligopoly. The market power power of the dominant players is often measured from the Herfindahl-Hirschman Index Index (HHI). HHI is computed as the sum of the squares of the competitor market shares as whole numbers: The term “HHI” means the Herfindahl–Hirschman Index, a commonly accepted measureContinue reading “US Bank Deposits”

Bakhmut: Out of Ammo? Fix Bayonets

The phrase “fix bayonets” rings throughout military history. It means different things — final assault or out of ammunition and last stand. Sometimes, both. On the evening of October 14, 1781, the sharp clanking of steel bayonets being fixed to muskets echoed through the dense fog that descended over the American earthworks outside of Yorktown Va.Continue reading “Bakhmut: Out of Ammo? Fix Bayonets”

Commercial Bank Deposit Rollover

Fed policies are squeezing banks from multiple sides like the Wagner PMC meat-grinding the dwindling survivors of the decimated AFU brigades in Bahkmut. AOCI trends have been negative putting an ever bigger drag on roll-offs. Credit lines are hardening. Rightfully so — deposits are tanking for the first time in, well, decades and decades. ThisContinue reading “Commercial Bank Deposit Rollover”