Category Archives: Uncategorized

Wall Street on Parade: wallstreetonparade.com/2023/08/the-fitch-downgrade-of-u-s-debt-what-you-need-to-know/ The Fitch Downgrade of U.S. Debt: What You Need to Know At 5:13 p.m. ET on Tuesday, after the stock market closed, Fitch downgraded the U.S. credit rating from AAA to AA+. Fitch is now the second of the three major credit rating agencies to have taken the historic stepContinue reading “US Downgrade”

Trying to Understand the World: https://aurelien2022.substack.com/p/the-end-of-power-projection?nthPub=681 One of the benefits of military experience is your distate for military movies and politicians pitching the latest war. I didn’t have to watch a John Mearsheimer video to know how the US Proxy War on Russia would play out. We’re in it for the TV news soundbite andContinue reading “The End of Power Projection?”

Our prices are insane: https://privatization.gov.ua/

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”

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”

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”

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”

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: 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”

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?”