Ground Zero Images at Nord Stream

ZeroHedge: https://www.zerohedge.com/geopolitical/first-images-blown-nord-stream-reveals-50-meter-missing-section-pipeline Two subsea pipelines connecting Russia and Germany were blown up last month. The explosions were so powerful that Swedish and Danish authorities said seismic devices in the Baltic Sea region recorded the magnitude of those explosions around M2.3 and M2.1.  EU authorities have guesstimated an explosive load of “several hundred kilos” to destroy NordContinue reading “Ground Zero Images at Nord Stream”

Turkish Gas Hub is On “Like Donkey Kong”

Per Yahoo: https://news.yahoo.com/erdogan-tells-government-start-russian-091031827.html Turkish President Recep Tayyip Erdogan backs the Kremlin’s idea of creating an international gas hub in Turkey and wants his government to quickly present implementation plans, Turkish media reported Friday. Russian President Vladimir Putin proposed piping natural gas to southern Europe via Turkey following the near total disruption of Russian supplies viaContinue reading “Turkish Gas Hub is On “Like Donkey Kong””

 You Can Print Money But You Can’t Print Oil

Karin Kneissl: https://thecradle.co/Article/Analysis/16825 On 6 October, when the European Union (EU) agreed to impose a Russian oil price cap as part of a new package of sanctions against Moscow, 23 oil ministers from the OPEC+ group of oil-producing countries spoke out in favor of a sharp cut in their joint production quota. Their collective decision to decreaseContinue reading ” You Can Print Money But You Can’t Print Oil”

Black Swans, Singapore Saloons and Fed-War

Before launching, I am reminded of one of my favorite dining and Jameson haunts on Cecil Street on Raffles Place in Singapore. The Black Swan. Steak, art deco, clams from New England and Nova Scotia flown in daily. RIP. But still alive are speak-easies like Burnt Ends. Mark Wauck: https://meaninginhistory.substack.com/p/losing-at-war-black-swans-everywhere Losing At War, Black SwansContinue reading “Black Swans, Singapore Saloons and Fed-War”

Banking Crisis and the Great Unwind

Alasdair Macleod: https://www.goldmoney.com/research/banking-crisis-the-great-unwind Banking crisis — the Great Unwind Oct 13, 2022·Alasdair Macleod There is a growing feeling in markets that a financial crisis of some sort is now on the cards. Credit Suisse’s very public struggles to refinance itself is proving to be a wake-up call for markets, alerting investors to the parlous stateContinue reading “Banking Crisis and the Great Unwind”

Gas Wars: the Turkish Hub

Tass: https://tass.com/politics/1522429 Tass: https://tass.com/economy/1522393 ZeroHedge: First, Tass on the subject of the arrests ahead of Putin’s meeting with Erdogan. Saboteurs caught plotting attack on TurkStream pipeline — Kremlin Dmitry Peskov stressed that “this is an attempt on a route that remains in a functional state, fully loaded, running like clockwork” ASTANA, October 13. /TASS/. SeveralContinue reading “Gas Wars: the Turkish Hub”

Jamie Goes ‘Gangsta

Some money quotes in here regarding oil, Saudi, ESG, and things recessionary. ZeroHedge: https://www.zerohedge.com/markets/fking-war-jamie-dimon-slams-biden-begging-saudis-oil-says-investors-dont-give-shit-about “This Is A F**king War”: Jamie Dimon Slams Biden Begging Saudis For Oil, Says Investors “Don’t Give A Shit” About ESG BY TYLER DURDEN THURSDAY, OCT 13, 2022 – 05:20 PM Three days after Jamie Dimon sparked a marketwide selloff which sent stocksContinue reading “Jamie Goes ‘Gangsta”

General Armageddon at the Bridge

Pepe Escobar does an interesting job pulling together a number of threads (see highlights). Pepe Escobar: https://thecradle.co/Article/Columns/16704 Terror on Crimea Bridge forces Russia to unleash Shock’n Awe The western narrative of a ‘losing Russia’ has just been decimated by Moscow’s blitzkrieg against Ukraine and its foreign-backed terror operations By Pepe Escobar October 10 2022 The terror attackContinue reading “General Armageddon at the Bridge”