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Putin’s Warning
Transcript, A Son of the American Revolution: https://sonar21.com/putin-issues-stark-warning-to-poland-and-nato/ Putin held a video conference on Thursday with members of Russia’s Security Council. I hope folks in the West pay attention to what he said, which is why I’m presenting the entirety of his remarks following a presentation by the Director of the Foreign Intelligence Service. BasedContinue reading “Putin’s Warning”
The Bell Tolls for Fiat
Alasdair Macleod: https://www.goldmoney.com/research/the-bell-tolls-for-fiat The importance of Russia’s announcement that a new gold-backed trade currency is on the BRICS meeting agenda for August 22—24 in Johannesburg seems to have gone completely over everyone’s heads, with mainstream media not even reporting it. This is a mistake. China and Russia know that if they are to succeed inContinue reading “The Bell Tolls for Fiat”
Deposit Bleedout
Shouldn’t be a surprise we’ve seen this kind of deposit bleedout continue as the FFR rose. Interesting is the spillover into credit balances. Higher interest rates have driven down decline loan applications. Check out the net interet margins – tracking the trend. Which gets us to my favorite graph All of this by way ofContinue reading “Deposit Bleedout”
The Lvov Target
Soviet 3rd Guards Army assaulting Lvov, 13 July – 29 August 1944 John Helmer provides some interesting perspectives from the Russian point of view. Putin’s War ran from February 2022 into March 2022. Putin’s invasion was about to end when the US-UK doubled down. This is now Biden’s War. Russia will soon finish it onContinue reading “The Lvov Target”
Bank Bleed-out
Wall Street On Parade: https://wallstreetonparade.com/2023/07/large-banks-have-bled-921-billion-in-deposits-since-april-2022-the-fastest-pace-in-40-years-and-a-much-larger-decline-than-small-banks/ Large Banks Have Bled $921 Billion in Deposits Since April 2022 — the Fastest Pace in 40 Years — and a Much Larger Decline than Small Banks You may recall reading a burst of headlines during the banking crisis in March of this year about depositors fleeing small banks forContinue reading “Bank Bleed-out”
Declaration of Independence
Declaration of Independence: https://www.archives.gov/founding-docs/declaration-transcript “The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world. “In every stage of these Oppressions We have PetitionedContinue reading “Declaration of Independence”
Well, That Didn’t Go as Expected — Or Did It?
So now what? Well, it’s axiomatic in modern warfare you won’t get far with a combined arms offensive without combined arms. Mechanized infantry with 3-5x superiority? Essential. Mobile artillery? Definitely. Combat engineers to clear mines and obstructions, and bridge crossings? Yes, yes, of course. Overwhelming firepower? That too. ISR? Yup. Air superiority so nothing fliesContinue reading “Well, That Didn’t Go as Expected — Or Did It?”
The war will be over when no Ukrainian army will be left on the battlefield, nor NATO weapons
Let’s begin with Mark Wauk and his “A Theory Of The Prigozhin Regime Change Farce”: https://meaninginhistory.substack.com/p/a-theory-of-the-prigozhin-regime **************************** It’s the third day after the Prigozhin regime change farce in Russia, and nothing has risen from the ashes of the farce. The rumors continue to swirl, ranging from Scott Ritter’s conviction that this attempt at regime changeContinue reading “The war will be over when no Ukrainian army will be left on the battlefield, nor NATO weapons”
Hiding in Plain Sight?
Wall Street on Parade: https://wallstreetonparade.com/2023/06/wall-streets-most-dangerous-derivative-secrets-are-hiding-in-plain-sight-in-a-regulators-report/ Wall Street’s Most Dangerous Derivative Secrets Are Hiding in Plain Sight in a Regulator’s Report On March 17, 2022, the Federal Reserve began its interest rate hiking cycle, which has, thus far, evolved into 10 consecutive rate hikes, making it the fastest rate increases in 40 years. The Fed’s actions toContinue reading “Hiding in Plain Sight?”