An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Saturday, April 30, 2022
Sitrep: Operation Z — Nightvision
Hitler Also Was Sentimental — Andrei Martyanov (video, no transcript 24.19)
Hitler Also Was Sentimental
Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues. Martyanov was born in Baku, USSR in 1963. He graduated from the Kirov Naval Red Banner Academy and served as an officer on the ships and staff position of Soviet Coast Guard through 1990. He took part in the events in the Caucasus which led to the collapse of the Soviet Union. In mid-1990s he moved to the United States where he currently works as Laboratory Director in a commercial aerospace group. He is a frequent blogger on the US Naval Institute Blog. He is author of Losing Military Supremacy, The (Real) Revolution in Military Affairs, and Disintegration: Indicators of the Coming American Collapse — Clarity Press
https://youtu.be/vWZSiDnxI-g
The Military Situation In The Ukraine — Jacques Baud
If you haven't read this article yet, here is reminder. Although a month old, it is still relevant. Like Virginia state senator and retired US Marine Corps colonel Richard Black, retired US Army colonel Douglas Macgregor, and retired US Army colonel Lawrence Wilkerson, his credentials are impeccable. They are unanimous in calling BS.
The Postil Magazine (April 1, 2022)The Military Situation In The Ukraine
Jacques Baud is a former colonel of the General Staff, ex-member of the Swiss strategic intelligence, specialist on Eastern countries. He was trained in the American and British intelligence services. He has served as Policy Chief for United Nations Peace Operations. As a UN expert on rule of law and security institutions, he designed and led the first multidimensional UN intelligence unit in the Sudan. He has worked for the African Union and was for 5 years responsible for the fight, at NATO, against the proliferation of small arms. He was involved in discussions with the highest Russian military and intelligence officials just after the fall of the USSR. Within NATO, he followed the 2014 Ukrainian crisis and later participated in programs to assist the Ukraine. He is the author of several books on intelligence, war and terrorism, in particular Le Détournement published by SIGEST, Gouverner par les fake news, L’affaire Navalny. His latest book is Poutine, maître du jeu? published by Max Milo.
This article appears through the gracious courtesy of Centre Français de Recherche sur le Renseignement, Paris. Translated from the French by N. Dass.
https://www.thepostil.com/the-military-situation-in-the-ukraine/
The Long COVID Road Ahead Stephanie Kelton
We don't know what we don't know, but we are learning. And what we're learning is pretty alarming.
The Lens
The Long COVID Road Ahead
Links — 30 Apr 2022 Part 2
Media Are Now Whitewashing Nazis They Had Previously Condemned
https://www.moonofalabama.org/2022/04/azovreplist.html
The Vineyard of the Saker
Translated and subtitled by Leo V. April 25, 2022
http://thesaker.is/chechen-soldier-in-mariupol-recalls-moment-where-he-saw-azov-battalions-true-face/
Video: Col. Richard Black — U.S. Leading World to Nuclear War (transcript) (You don't get more American that Richard Black and he offers a devastating criticism of current foreign and military policy.)
The Sweet Sound of Censorship: The Biden Administration Seeks the Perfect Pitch for Disinformation Governance
FAKE: Russian Warship Blown Up Near Odessa Turned Out To Be US Frigate (sunk in an exercise)
https://southfront.org/fake-russian-warship-blown-up-near-odessa-turned-out-to-be-us-frigate/
Russian Army Continues To Capture Western-Made Anti-Tank Weapons (Photos)
https://southfront.org/russian-army-continues-to-capture-western-made-anti-tank-weapons-photos/
Ukraine, Romania, Moldova … vs. Transnistria: A WW III Scenario. (dangers of escalation. The backstory is that countries are now contesting historical boundaries, i.e., revanchism)
Brett Redmayne-Titley
https://southfront.org/ukraine-romania-moldova-vs-transnistria-a-ww-iii-scenario/
Another Attempt To Evacuate Civilians From Azovstal. UN & Red Cross Involved In Negotiations
Washington Uninterested in Peace in Ukraine – Chinese Spox
http://www.defenddemocracy.press/washington-uninterested-in-peace-in-ukraine-chinese-spox/
Georgia and Moldova to be next hot spots – British Foreign Office (escalation)
Indian Economy Needs at Least 12 Years to Recover From Pandemic: Central Bank Report
https://sputniknews.com/20220430/indian-economy-needs-at-least-12-years-to-recover-from-pandemic-central-bank-report-1095164545.html
Kim Jong-un: North Korea Has to Preventively Deter Enemy Nuclear Threat
https://sputniknews.com/20220430/kim-jong-un-north-korea-has-to-preventively-deter-enemy-nuclear-threat-1095161774.html
Most US Twitter Users Aren't as Staunch Free Speech Champions as Elon Musk Imagined, Poll Shows
Is the U.S. in a proxy war with Russia? Sergey Lavrov and Lloyd Austin seem to think so
Lucian K. Truscott IV
Links — Apr 30 2022 Part 1
Neo-Nazis Fighting For Ukraine are Real And Other Updates
Larry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with expertise combating terrorism and investigating money laundering, formerly Deputy Director in the U.S. State Department’s Office of Counter Terrorism (1989-1993, and CIA operations (1984-1989)
My Good Polish Friend Mike Krupa Sent Me...
Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues
Ukraine war update with Pepe Escobar and Richard Medhurst (video, no transcript 1.34.52)
http://thesaker.is/ukraine-war-update-with-pepe-escobar-and-richard-medhurst/
Can NATO Re-Arm Ukraine?
Why Europe cannot understand Russia
UK Wants ‘Global NATO’ Capable of Defending Pacific
Kyle Anzalone and Will Porter
https://libertarianinstitute.org/news-roundup/uk-wants-global-nato-capable-of-defending-pacific/
Oh God It’s Going To Get SO Much Worse
Caitlin Johnstone
https://caitlinjohnstone.com/2022/04/30/oh-god-its-going-to-get-so-much-worse/
Jonathan Turley
“Trust Me, I’m [Now] The Government”: Jankowicz Pledges to Protect Free Speech Rights
Jonathan Turley | Shapiro Professor of Public Interest Law at George Washington University
Bank Capital at 1 year low
Fed interest rate policy reducing prices of banking system HQLA to a new 1 year low… hence bank capital (A-L) is being degraded as liabilities remain constant…. equity index prices back to same levels in consonance as the sum of all asset values are regulated as a fixed multiple of bank capital …
Fed rate policy is working to reduce prices of bonds and equities and other financial assets…
Friday, April 29, 2022
Links — 29 Apr 2022 Part 2
Empire of Lies Eager to Receive Mr. Sarmat’s Business Card
Pepe Escobar
http://thesaker.is/empire-of-lies-eager-to-receive-mr-sarmats-business-card/
Michael Hudson, Katie Halper and Aaron Maté (video, transcript coming — this is linked to in a separate post with no transcript)
No, This Is Not a Parody: Watch Unearthed TikTok Video of Biden’s New Head of Disinformation Bureau [Nina Jankowicz]
https://sputniknews.com/20220429/no-this-is-not-a-parody-watch-unearthed-tiktok-video-of-bidens-new-head-of-disinformation-bureau-1095155884.html
Mint Press News
The NATO to TikTok Pipeline: Why is TikTok Employing So Many National Security Agents?
Alan Macleod
The Backlash to DHS's Anti-Disinformation Board Shows How US Law Is Falling Behind the Problem ("falling behind" or unclear?)
Pentagon Official Says US Sees No Threat of Russia Using Nuclear Weapons
Dave DeCamp
The West Misled the Public on Russia’s War Strategy, and the Results Are Starting to show in Donbass
Sociopath Neocons Sacrifice Ukrainians and Global Poor – Katie Halper and Aaron Maté interview Michael Hudson (video, no transcript 53.32)
Michael Hudson starts at 23:40
Sociopath Neocons Sacrifice Ukrainians and Global Poor – Economist Michael Hudson
Useful Idiots (Katie Halper and Aaron Maté ) interview Michael Hudson
Gonzalo Lira on European sanctions and the war in Ukraine 28/04 (audio 28.47)
Good analysis of "paying in rubles."
Gonzalo Lira on European sanctions and the war in Ukraine 28/04
Scott Ritter
Ukraine and the Doomsday Machine – Larry Wilkerson and Paul Jay
theanalysis.com
Ukraine and the Doomsday Machine – Larry Wilkerson and Paul Jay
No, MMT Didn't Wreck Sri Lanka — Stephanie Kelton
Debunking Bloomberg with Fadhel KaboubThe Lens
No, MMT Didn't Wreck Sri Lanka
Stephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of Senator Bernie Sanders
https://stephaniekelton.substack.com/p/no-mmt-didnt-wreck-sri-lanka
Links — 29 Apr 2022 Part 1
Open thread for today and a few notes (the notes are of interest)
Amarynth
http://thesaker.is/open-thread-for-today-and-a-few-notes/
http://thesaker.is/svetlana-picta-interviews-yriy-podolyaka-about-transnistria-conflict/
Anatoliy Shariy – Embargo Failure video, English subtitles by The Saker translation team 14.14)
Ukraine – A Beginners’ Guide
Dorset Eve
Preparation Of Military Operation By NATO Countries And Ukraine Against Transnistria
China's defence minister visits Oman as Beijing eyes foothold in Arabian Sea
The real Zelensky: from celebrity populist to unpopular Pinochet-style neoliberalTASS (Russian state media)
https://tass.com/economy/1445359
Conflict in Ukraine essentially between Russia, US, China’s Foreign Ministry says
https://tass.com/world/1445297
US aims to prolong military action in Ukraine to weaken Russia — China’s Foreign Ministry
US Navy chief issues new China warning
Poland Threatens To Seize Russian Pipelines
Charles Kennedy
Here comes the second front
China slams U.S. meddling around globe
UK Food Security: A Fork In The Road — Ross Ashcroft intervews agricultural analyst Michael Raw
Britain’s MI5 has always maintained that the UK is just four meals from anarchy. So with fractured supply chains, rising costs and failing agricultural policy, how worried should the Brits, who are net importers of food, be about our national food security?Renegade, Inc.
Host, Ross Ashcroft, met up with Agricultural analyst, Michael Raw to discuss....
UK Food Security: A Fork In The Road
Ross Ashcroft intervews agricultural analyst Michael Raw
Gas Flares: Europe Has a Hissy, Flails About as Russia Imposes Gas Payment Countersanctions and Economies Already Feel Blowback Bite — Yves Smith
Title should be "Gas Pains"?
Naked CapitalismGas Flares: Europe Has a Hissy, Flails About as Russia Imposes Gas Payment Countersanctions and Economies Already Feel Blowback Bite
Yves Smith
Opinion: There’s a big hole in the Fed’s theory of inflation—incomes are falling at a record 10.9% rate — Rex Nutting
As [MMT] economists Yeva Nersisyan and L. Randall Wray of the nonpartisan Levy Economics Institute of Bard College conclude in a paper published this month ahead of the GDP report: “Most of the government’s income support has already disappeared, so going forward it is not an important contributor to demand in the economy.”
The faucet has been turned off. Without all the extra money from Uncle Sam, U.S. households will have to live within their means once again. Demand will slow, and so too will inflation, according to the ironclad economic laws of supply and demand....
If consumer demand—fueled by free money from Washington—has overheated the economy, then our inflation problem is solved even before the Fed really gets going. “There is no excess income left to drive the economy beyond capacity,” say Nersisyan and Wray...What's the problem, then? Supply contraction for a variety of reason. Thus, the solution is to address supply issues in this situation rather than supposed excess demand.
The prospect for stagflation—low growth with high inflation—is real. “The appropriate solution to inflation would be to work to alleviate supply-side constraints,” say Nersisyan and Wray. To do that, unfortunately, “we need more domestic investment, not less.”These are only the MMT-related snippets. The whole article is worth reading. Some analysts are showing more sophistication than knee-jerk monetarism.
Market Watch
Opinion: There’s a big hole in the Fed’s theory of inflation—incomes are falling at a record 10.9% rate
Rex Nutting
https://www.marketwatch.com/story/theres-a-big-hole-in-the-feds-theory-of-inflationincomes-are-falling-at-a-record-10-9-rate-11651165705?mod=home-page
Banking Debate Woes: Part III — Brian Romanchuk
This article finishes off a sequence of articles on an ancient debate in economics: what limits bank lending? (Links to Part I, Part II.) My argument is that the usual ways of looking at this question are highly misleading. The mainstream Economics 101 description of banking is hopeless — and then heterodox critics got bogged down in attacking a hopeless description of banking. The key to understanding banking is that they are a financial firm that borrows to invest in assets (a “levered financial entity”) — and they have some similarities to other financial firms, albeit that they have some special privileges....
Brian Romanchuk
Thursday, April 28, 2022
Links — 28 APR 2022 Part 3
Russia Unable To Fight Another War After Catastrophic Military Losses?
Larry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with expertise combating terrorism and investigating money laundering, formerly Deputy Director in the U.S. State Department’s Office of Counter Terrorism (1989-1993, and CIA operations (1984-1989)
PayPal Blocks Multiple Alternative Media Figures Critical Of US Empire Narratives
Caitlin Johnstone
Common Dreams
'Staggering': Watchdog Finds Medicare Advantage Plans Deny Necessary Care
Jessica Corbett
Biden Malfunctions
Links — 28 Apr 2022 Part 2
Nightvision
Me Diving Into History.
Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues
Putin’s War Decision and its Consequences
Gordon M. Hahn | Expert Analyst at Corr Analytics, http://www.canalyt.com and a Senior Researcher at the Center for Terrorism and Intelligence Studies (CETIS), Akribis Group
It’s About Time
Edward Snowden says he’s the mystery man involved in the creation of leading privacy cryptocurrency Zcash
Taylor Locke
https://fortune.com/2022/04/28/edward-snowden-crypto-zcash/
The Last Refuge
Madness, Joe Biden Asks Congress for $33 Billion More for Ukraine to Fund Their Government Salaries, Pensions and Budget Obligations (well, not "taxpayer-funded, but that's funding that isn't going to further either public purpose or national security.)
NATO’s Fascist History
Links — 28 Apr 2022 Part 1
“Those who cannot remember the past are condemned to repeat it.” (Important because Russians have a completely different view of history that the West, especially the US and UK, and the Russian view is closer to the facts. As a result, Russia accuses the West of falsifying history to magnify themselves. This leads to erroneous assumptions in the West about what Russians think and how they will act.)
Larry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with expertise combating terrorism and investigating money laundering, formerly Deputy Director in the U.S. State Department’s Office of Counter Terrorism (1989-1993, and CIA operations (1984-1989)
Huawei defeats US chip ban to post record profits ("The Chinese tech giant’s results demonstrate the limitations of US sanctions")
Korybko’s Response To Shashi Tharoor: India’s Principled Neutrality Serves Its Interests
https://oneworld.press/?module=articles&action=view&id=2798
Exxon Declares Force Majeure On Sakhalin-1
Rupee-Ruble Trade Must Be Encouraged to Ease Doing Business: Indian Traders' Body
Bill Mitchell — The Covid trade-off between health and the economy did not exist
With yesterday’s detail CPI analysis, I am transferring the news/music blog post that normally appears on a Wednesday to today. This morning, I read the newly published report from the UK-based – Institute for Public Policy Research – Health and prosperity: Introducing the Commission on Health and Prosperity (released April 27, 2022) – which provides a sobering (to say the least) evidence base for how the pandemic has impacted on Britain’s health system and labour market. As more evidence comes out from the experience of the last 2.4 years, I wonder when those who demanded nations learn to live with the virus – by basically denying its existence – will reflect on the folly of their laissez-faire positions....Bill Mitchell – billy blog
The Covid trade-off between health and the economy did not exist
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
Wednesday, April 27, 2022
Links — 27 Apr 2022 Part 2
Putin warns the US to back off in Ukraine
M. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador
https://www.indianpunchline.com/putin-warns-the-us-to-back-off-in-ukraine/
Naked Capitalism
Jaishankar Calls Out Europe’s Selective Concern on Rules-Based Order
Jerri-Lynn Scofield
Siding With The US Empire Is Always Wrong: Notes From The Edge Of The Narrative Matrix
Caitlin Johnstone
US Intel Helped Ukraine Shoot Down Russian Plane Carrying "Hundreds" Of Paratroopers
Tyler Durden
https://www.zerohedge.com/geopolitical/us-intel-helped-ukraine-shoot-down-russian-plane-carrying-hundreds-paratroopers
DHS Creating 'Disinformation Governance Board' Ahead Of Midterms (hopefully the ACLU is on this)
Iran, China Agree on Expanding Military Cooperation
https://sputniknews.com/20220427/iran-china-agree-on-expanding-military-cooperation-1095110887.html
Nina Jankowicz Confirms Will Head New US Disinformation Governance Board at DHS (A "DC-based writer and analyst," she is currently a "global fellow at the Woodrow Wilson International Center for Scholars’ Kennan Institute, where she studies Russian disinformation and the democratic challenges of the technology age." She served as Fulbright-Clinton Public Policy Fellow in Ukraine in 2016-2017.)
Germany Prepares To Expropriate Russian-Run Refinery
Britain's foreign secretary: NATO should protect Taiwan (Liz Truss is clueless about military matters.)
China will be poster child for developing countries MMT — Richard Mills
US on brink of recklessness in Ukraine — Stephen Bryen
Asia Times
US on brink of recklessness in Ukraine
Stephen Bryen | Senior Fellow at the American Center for Democracy, the Center for Security Policy. He has served as a senior staff director of the U.S. Senate Foreign Relations Committee, as the Executive Director of a grassroots political organization, as the head of the Jewish Institute for National Security Affairs, as the Deputy Under Secretary of Defense for Trade Security Policy, and as the founder and first director of the Defense Technology Security Administration. He is the author of Technology Security and National Power: Winners and Losers, and of three volumes of Essays in Technology, Security and Strategy. Dr. Bryen was twice awarded the Defense Department’s highest civilian honor, the Distinguished Service Medal.
Russia and Ukraine: What’s Next? (Video and transcript)
The horrible dangers of pushing a US proxy war in Ukraine
Anatol Lieven, Senior Research Fellow on Russia and Europe at Quincy Institute
In Ukraine, Use the Weapon the Russians Can’t Match
Peter Dorman | Professor of Political Economy, The Evergreen State College
Links — 27 Apr 2022 Part 1
Russian Media Today, 26 April 2022
Gilbert Doctorow
Russia Ratchets Up the Pressure
Larry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with expertise combating terrorism and investigating money laundering, formerly Deputy Director in the U.S. State Department’s Office of Counter Terrorism (1989-1993, and CIA operations (1984-1989)
Politico: "Germany approves tank sales to Ukraine, bowing to pressure"
President Putin and UN Secretary-General Antonio Guterres: Meeting
http://thesaker.is/president-putin-and-un-secretary-general-antonio-guterres-meeting/
Putin Vows Swift Response If Anyone Intervenes in Ukraine, Posing a Strategic Threat to Russia
https://sputniknews.com/20220427/putin-vows-swift-retaliatory-strikes-in-case-of-foreign-threats-or-intervention-in-ukraine-1095102165.html
Russia Opens First Cross-Border Railway Bridge to China
https://sputniknews.com/20220427/russia-opens-first-cross-border-railway-bridge-to-china-1095091121.html
Huawei Spent $22 Billion on Research in 2021 As Company Resists US Sanctions - Report ('The trend marks Huawei's relentless efforts to develop chips, network equipment, and even smartphones without the use of American technology, unavailable since the 2019 sanctions.")
Attempts to interfere in situation in Ukraine to be met with instant response — Putin
US used labs in Ukraine to work on new bioweapons — Russian Security Council’s secretary [Nikolay Patrushev]
https://tass.com/world/1444029
Chinese experts believe protracted conflict in Ukraine could lead to war across Europe
https://tass.com/world/1443769
Russia can resume gas supplies to Poland and Bulgaria, if they pay in rubles — Kremlin
https://tass.com/economy/1444159
Ukraine, Donbass refugees fleeing to Russia top 1 mln, source says
Four Buyers In Europe Have Paid In Rubles For Russia’s Gas
Tsvetana Paraskova
U.S. Strategy To Change Architecture Of Global Oil & Gas Market
Has globalisation ended?
Michael Roberts
China issues ‘color revolution’ warning
US Army To Test "Largest Drone Swarm Ever" In Utah Desert
Tyler Durden
https://www.zerohedge.com/military/us-army-test-largest-drone-swarm-ever-utah-desert
Putin Warns Of "Quick Response" If West Intervenes In Ukraine
Modern Diplomacy
Ukraine: Another Ghouta for the White Helmets (Bellingcat - fronting for MI6?)
by Ahmad Salah
Peterborough letter: Canadian ‘debt’ propaganda is based on myth — Herb Wiseman
The Peterborough Examiner — Opinion
Peterborough letter: Canadian ‘debt’ propaganda is based on myth
Bill Mitchell — Australia–inflation rises but with no wage pressures evident there is no case for interest rate rises
The Tweets have started already demanding an interest rate rise in May at the next RBA Board meeting. Bankers, media commentators who just are conduits for the bankers – all with vested interests. Today’s data release from the Australian Bureau of Statistics – Consumer Price Index, Australia (April 27, 2022) – has fuelled their mania. Inflation in the March-quarter 2022 rose to 2.1 per cent (5.1 per cent for the 12 months) on the back of rising automotive fuel costs (uncompetitive cartel and deliberate government petrol tax policies), global supply chain disruptions (pandemic) and material shortages (supply chain and bushfires). As long as these influences are present, inflation will remain at elevated levels. But with wage pressures absent, it is hard to make a case that the rising inflation is now entrenched. Certainly, the long-term expectations measures would not suggest that. I cannot see why the RBA will hike rates in May. More evidence of wage pressures would be needed one suspects.…
There is no two-variable functional relationship between the interest rate and the inflation rate. Inflation has multiple causes, so a simple solution is, well, simplistic. Addressing the issue requires analyzing the causality involved.
Bill Mitchell – billy blogAustralia – inflation rises but with no wage pressures evident there is no case for interest rate rises
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
Tuesday, April 26, 2022
Links — 26 Apr 2022
Sitrep: Operation Z
Nightvision
http://thesaker.is/sitrep-operation-z-15/
Short message from the Saker
Batiushka for the Saker Blog
LOL. Why Not 1.5 million. (Martyanov trashes the British defense establishment)
Lloyd Ostin [Austin] Declares US Real Goal To Defeat Russia On Battlefield – CNN (the US narrative has shifted in the last couple of weeks to regime change in Russia and Russian military defeat)
US will move ‘heaven and earth’ to back Ukraine – Pentagon (open-ended escalation. This is fast becoming a zero-sum game between the US and Russia, nuclear-armed states. Have they thought this through?)
The Cradle
Aux armes, citoyens: dissecting the stage-managed French elections (France headed for increasing unrest?)
Russian demand for ruble gas payments causes first shutdowns in Poland, Bulgaria
THE NWO IN THE CONTEXT OF INTERNATIONAL RELATIONS THEORIES (A Russian worldview)
Where Are Russia's Gold Reserves Actually Stored? (sort of interesting with lots of nice pics but the actual location(s) of Russia's gold is a state secret.)
https://www.zerohedge.com/markets/where-are-russias-gold-reserves-actually-stored
Utopian Visions as Engines for Change
Q and A session off the cuff. Andrei Martyanov (video, no transcript 35.26)
Q and A session off the cuff.
Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues. Martyanov was born in Baku, USSR in 1963. He graduated from the Kirov Naval Red Banner Academy and served as an officer on the ships and staff position of Soviet Coast Guard through 1990. He took part in the events in the Caucasus which led to the collapse of the Soviet Union. In mid-1990s he moved to the United States where he currently works as Laboratory Director in a commercial aerospace group. He is a frequent blogger on the US Naval Institute Blog. He is author of Losing Military Supremacy, The (Real) Revolution in Military Affairs, and Disintegration: Indicators of the Coming American Collapse — Clarity Press
https://youtu.be/3ZjgX43a12U
Vladimir Putin is Crazy? — Larry C. Johnson
Larry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with expertise combating terrorism and investigating money laundering, formerly Deputy Director in the U.S. State Department’s Office of Counter Terrorism (1989-1993, and CIA operations (1984-1989)
https://sonar21.com/vladimir-putin-is-crazy/
War on the Rocks
Putin the Planner
Andrew Goodman, retired from the Senior Foreign Service in 2009 after over 30 years mostly devoted to dealing with the USSR and Russia. He has taught courses on Russian foreign policy at Columbia University, the University of Massachusetts Amherst, and Mary Washington University.
Monday, April 25, 2022
Links — 25 Apr 2022 Part 2
Russian media today, 25 April 2022
Gilbert Doctorow
https://gilbertdoctorow.com/2022/04/25/russian-media-today-25-april-2022/
Biden Admin. Rolls Out ‘Whole-of-Government’ Drone Plan, Admits There’s No Actual ‘Specific Threats’
CIA may help battle ‘hostile’ drones on US soil
Links — 25 Apr 2022 Part 1
The Moskva Riddle (If you could not access this post at SCF, try this link.)
Pepe Escobar
It Is Becoming A Sports Of Sort (Larry Johnson). (The Larry Johnson post was linked to here at MNE yesterday. Most Western military analysts stating their views publicly still seem to be deceived by the initial Russian feint toward Kiev that masked the real objective, Mariupol, which has fallen. Probably the ones that know, other than a few brave enough to say, Douglas Macgregor and Scott Ritter, for example, are afraid to say owing to total narrative control. Several prominent bloggers, Paul Robinson and Patrick Armstrong, for instance, dropped out stating this reason. Plus a short Eva Bartlett on-site video debunking the "mass graves" disinformation in Mariupol at the end of the post.)
Here Is Russia's Investigative Committee's Video...
US recruits Israel against Russia (juggling with knives)
M. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador
UK reveals new ‘gift’ for Ukraine (armored vehicles equipped with anti-air missiles)
SOUTHCOM General Admits Goal to Target Russia and China Worldwide (WIII on?)
https://libya360.wordpress.com/2022/04/25/southcom-general-admits-goal-to-target-russia-and-china-worldwide/
Eva Bartlett Reports from Mariupol: “Ukraine Forces Used Scorched Earth Tactics”
Series of Explosions Rock Transnistria's Ministry of State Security Building: Correspondent (conflict in Europe spreading?)
https://sputniknews.com/20220425/series-of-explosions-rock-transnistrias-ministry-of-state-security-correspondent-1095043993.html
https://sputniknews.com/20220425/neo-nazis-plotting-to-assassinate-solovyev-also-planned-to-kill-sputnik-editor-in-chief-others-fsb-1095042255.html
Putin: Russia Knows Names of CIA Curators Advising Neo-Nazis to Assassinate Russian Journalists
https://sputniknews.com/20220425/indian-brands-have-huge-opportunity-in-russia-entrepreneur-susil-dungarwal-says-1094958802.html
Russia’s S-500 Missile System Enters Mass Production
https://sputniknews.com/20220425/russias-s-500-missile-system-enters-mass-production-1095034431.html
Top Iranian General Claims US-Affiliated Terrorists Behind Recent Bomb Blasts in Afghanistan
Six neo-Nazis preparing to assassinate [Russian] journalist [Vladimir] Solovyov detained (Gilbert Doctorow is often a guest on his show.)
https://tass.com/society/1442735
Russia opens corridor, says up to Kiev to release trapped civilians used as human shields
Almaz-Antey was systemically preparing for Western sanctions — CEO
https://tass.com/defense/1442647
Russian S-350 missile system capable of striking future air attack weapons — defense firm [Almaz-Antey]
https://tass.com/defense/1442533
Moscow and Beijing will oppose hegemony on world stage together — Chinese envoy to Moscow (doubling down)
https://tass.com/world/1442615
If Russia waged full-scale war [like the US in disregarding civilian collateral damage] in Ukraine, it would have been over long ago — Duma speaker
https://tass.com/politics/1442515
Edward Snowden and Turnkey Tyranny ("turnkey tyranny" would be the US post 9/11)
W. J. Astore, Lieutenant Colonel (USAF ret.), taught at the Air Force Academy, the Naval Postgraduate School, and currently at the Pennsylvania College of Technology
https://bracingviews.com/2019/10/26/edward-snowden-and-turnkey-tyranny/
Southfront
Bucha Investigation Contradicts Itself, Confirms AFU’s Atrocities (maybe "confirms" is too strong and "questions" would be more apt.)
https://southfront.org/bucha-investigation-contradicts-itself-confirms-afus-atrocities/
In Videos: Civilians From Mariupol Testify To Crimes And Atrocities By Azov Fighters (English Subtitles)
Sunday, April 24, 2022
Links — 24 Apr 2022
Sitrep: Operation Z
Nightvision
The Moskva Riddle
Russia’s Army is a Paper Tiger?
Larry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with expertise combating terrorism and investigating money laundering, formerly Deputy Director in the U.S. State Department’s Office of Counter Terrorism (1989-1993, and CIA operations (1984-1989)
https://sonar21.com/russias-army-is-a-paper-tiger/
MR Online
What is propelling the U.S. into increasing international military aggression?
John Ross
Musk moving on
Soap opera for bazillionaires may finally be over….
Moving on …
— Elon Musk (@elonmusk) April 24, 2022
Saturday, April 23, 2022
Senior Chinese finance official: Modern Monetary Theory exacerbates inequality — Bofei Zheng and Zichen Wang
Reflecting the wide interest of your Pekingnologist and the dire need to bring more quality China content to the English-language part of the world, this is a newsletter that covers a lot of subjects. Today, it is a translation of an article about MMT, or Modern Monetary Theory.Pekingnology (Feb 3)
It was published in the beginning of 2022 on 中国金融 China Finance, a bi-weekly magazine under the People’s Bank of China, China’s central bank. The author is 陆磊 LU Lei, Deputy Administrator of the State Administration of Foreign Exchange (SAFE) since June 2017. Prior to that, Lu served as the head of the Financial Stability Bureau (August 2016 to June 2017) and head of the Research Bureau (March 2014 to August 2016) of the central bank.
There have been numerous discussions on MMT in the English-language press in the recent several years, and it appears to your Pekingnologist that there haven’t been many Chinese voices, so the view from a current senior financial official in the second-largest economy should be a contribution.
Senior Chinese finance official: Modern Monetary Theory exacerbates inequality
Bofei Zheng and Zichen Wang
https://pekingnology.substack.com/p/senior-chinese-finance-official-modern?s=r
Nuclear False Flag? Douglas Feith as a symptom — Andrei Martyanov (video, no transcript 26.03)
Nuclear False Flag? Douglas Feith as a symptom
General Tommy Franks and Geopolitical RealityLinks — 23 Apr 2022 Part 1
M. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador
Where the West is stuck: The fascism of the 1930s and the ‘fascism’ of the 2020s (longish and detailed. fascism = nationalism + populism + exceptionalism + oligarchy + narrative control + militarism + imperialism + moral derangement.)
A West-mandated Russian “default”: who wins and who loses? (Speculative but some interesting info, too.)
Jorge Vilches for the Saker Blog
https://www.moonofalabama.org/2022/04/the-rules-based-order-knows-no-distance.html
EU Commission, U.S. Submit To Reality
US prepares provocations to accuse Russia of using tactical nuclear weapons
https://tass.com/defense/1442031
Staged use of mass destruction weapons aimed at Russia’s isolation - Defense Ministry
https://tass.com/defense/1442039
Russian Defense Ministry reports drone chemical attack on Russian troops in Ukraine
US Has Moved on to WMD Provocations After Economic Pressure Against Russia Failed, Zakharova Says (USD/RUB now trading in the mid-70s)
Caitlin Johnstone
Changing Course: Yoon Suk-yeol and the New North Korea Policy (Yoon is a hardliner. Expect sparks.)
EARTH DAY: Activists Block Newspapers Over Climate Coverage (narrative control)
U.S. Media Are Lying About Russian Atrocities in Mariupol, Says Embedded Reporter at Ground Zero (
Macron Claims Banning Islamic Veil Would Spark "Civil War" In France
Paul Joseph Watson via Summit News
US warns China about Pacific base
https://www.rt.com/news/554368-us-respond-china-solomon
Southfront (sanctioned by the US Treasury Department)
From Volnovakha to Mariupol: Liberated Donbass Cities Are Coming Back to Life