Sunday, July 31, 2022

Links — 31 July 2022 Part 2

Reminiscence of the Future
Russian Navy Day.
Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues.
http://smoothiex12.blogspot.com/2022/07/russian-navy-day.html

A Son of the New American Revolution
While Establishment Media Pushes Delusional Narrative on Ukraine, US Military Brass Now Recognizes the War is Lost
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/while-establishment-media-pushes-delusional-narrative-on-ukraine-us-military-brass-now-recognizes-the-war-is-lost/

The Cradle
Pepe Escobar
https://thecradle.co/Article/Columns/13676

Andrew Batson's Blog
China’s housing crisis is an institutional crisis
Andrew Batson
https://andrewbatson.com/2022/07/31/chinas-housing-crisis-is-an-institutional-crisis/



Links — 31 July 2022 Part 1

Turcopolier
“Camp Kościuszko is First Permanent U.S. Installation on NATO’s Eastern Flank” – TTG
https://turcopolier.com/camp-kosciuszko-is-first-permanent-u-s-installation-on-natos-eastern-flank-ttg/

Moon of Alabama
The MoA Week In Review - OT 2022-118
https://www.moonofalabama.org/2022/07/the-moa-week-in-review-ot-2022-118.html

AntiWar
Veteran Intelligence Professionals for Sanity: Military Clash With China Over Pelosi Visit?
https://www.antiwar.com/blog/2022/07/30/military-clash-with-china-over-pelosi-visit/

Internationalist 360º
Scott Ritter, former US Marine Corps intelligence officer, serving in the Soviet Union as an inspector implementing the INF Treaty, on General Schwarzkopf’s staff during the Gulf War, and from 1991-1998 as a UN weapons inspector
https://libya360.wordpress.com/2022/07/31/the-myth-of-the-himars-game-changer-american-supplied-rocket-system-wont-bring-victory-to-ukraine/

NATO Threat, Strategic Interests, Great Sea Power Status: Key Details on Russia’s New Naval Doctrine
Ilya Tsukanov
https://libya360.wordpress.com/2022/07/31/nato-threat-strategic-interests-great-sea-power-status-key-details-on-russias-new-naval-doctrine/

TASS (Russian state media)
Russia may use force to defend its interests in World Ocean — doctrine
https://tass.com/politics/1487105

Russia’s new Maritime Doctrine identifies mounting NATO activity as major security threat
https://tass.com/politics/1487075

Russia’s new Maritime Doctrine outlines boundaries of country’s national interests — Putin
https://tass.com/politics/1487065

Low-powered explosive device detonates at Black Sea Fleet headquarters in Sevastopol
https://tass.com/defense/1487001

Sputnik International (Russian state-sponsored media)
Russian Navy to Obtain Zircon Hypersonic Missiles in Coming Months, Putin Says
https://sputniknews.com/20220731/russian-navy-to-obtain-zircon-hypersonic-missiles-in-coming-months-putin-says-1097977905.html

India's 'Vision' is to Connect Iran's Chabahar Port to INSTC, Shipping Minister Sonowal Says
https://sputniknews.com/20220731/indias-vision-is-to-connect-irans-chabahar-port-to-instc-shipping-minister-sonowal-says-1097976067.html

China Unveils ‘Aircraft Carrier Killer’ Missile Amid Tensions Over Pelosi’s Indo-Pacific Trip
https://sputniknews.com/20220731/china-unveils-aircraft-carrier-killer-missile-amid-tensions-over-pelosis-indo-pacific-trip-1097973816.html

Russia Passes Data to UN Proving Kiev to Blame for Elenovka Attack, Deputy Envoy Says
https://sputniknews.com/20220731/russia-passes-data-to-un-proving-kiev-to-blame-for-elenovka-attack-deputy-envoy-says-1097970143.html





Saturday, July 30, 2022

Going to Samarkand — Pepe Escobar

Putin, Lavrov, Patrushev, Madvedev have all been stressing lately the racist, neocolonial character of the NATOstan matrix. The SCO and other pan-Eurasian organizations play a completely different – respectful, consensual – ball game. And that’s why they are catching the full attention of most of the Global South.

Decolonization is trending.

Strategic Culture Foundation (sanctioned by the US Treasury Department)
Going to Samarkand 
Pepe Escobar
https://www.strategic-culture.org/news/2022/07/30/going-to-samarkand/


Links — 30 July 2022 Part 1

Covert Action Magazine
Former Bolivian President Evo Morales Calls For a Global Campaign to Eliminate NATO 
Jeremy Kuzmarov
https://covertactionmagazine.com/2022/07/30/former-bolivian-president-evo-morales-calls-for-a-global-campaign-to-eliminate-nato/

Moon of Alabama
What Presidents Say Does Not Matter. It Is The Execution Of Policies That Counts. (Why the US is agreement-incapable.)
https://www.moonofalabama.org/2022/07/what-presidents-say-does-not-matter-it-is-the-execution-of-policies-that-count.html

How China Warns Of Pelosi's Taiwan Trip (parsing Mandarin expressions)
https://www.moonofalabama.org/2022/07/how-china-warns-of-pelosis-taiwan-trip.html

India Punchline
Shouldn’t Biden be talking directly to Putin? ("Barack Obama’s private doubt is now public wisdom for Europeans — 'Don’t underestimate Joe’s ability to f… things up.'”)
M. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador
https://www.indianpunchline.com/shouldnt-biden-be-talking-directly-to-putin/

Reuters
London’s High Court rules against Venezuela’s Maduro in $1 billion gold battle (No surprise. The British court system has already shown itself to be deeply compromised, acting more like what the UK accuses Russia of.)
Leonardo Fernandez Viloria
https://www.reuters.com/world/britains-high-court-rules-against-venezuelas-maduro-latest-gold-battle-2022-07-29/

Multipolarista
West Prepares To Plunder Post-war Ukraine (MP) (Like Michael Hudson said before the conflict.)
Jake Kallio and Benjamin Norton
https://multipolarista.com/2022/07/28/west-neoliberal-recovery-conference/

Reminiscence of the Future (NGDP is a meaningless number.)
It Really DOES NOT Need Any Comments, Except...
Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues





Izabella Kaminska and Yves Will Discuss the Economy and More with Gonzalo Lira at 8 AM Eastern Today — Yves Smith

Naked Capitalism
Izabella Kaminska and Yves Will Discuss the Economy and More with Gonzalo Lira at 8 AM Eastern Today
Yves Smith

Friday, July 29, 2022

Links — 29 July 2022 Part 2

Reminiscence of the Future
Lavrov Picked Up The Phone. (The US hasn't gotten the message that talking down to Russia and China is not going to work. Both Russia and China are signaling loud and clear that this game is over.)
Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues.
http://smoothiex12.blogspot.com/2022/07/lavrov-picked-up-phone.html

Counterpunch
Last Tango in Washington? (Martyanov refers to this in the above.)
Michael Brenner | Professor of International Affairs at the University of Pittsburgh
https://consortiumnews.com/2022/06/16/last-tango-in-washington/

Russian and Eurasian Politics
REGIME INSTABILITY IN KIEV? (hyopthetical but somewhat relevant)
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
https://gordonhahn.com/2022/07/29/regime-instability-in-kiev/

1945
Ukraine’s Big ‘Million Man’ Offensive Against Russia Seems Like a Mistake (Lt. Col. Davis makes some unrealistic assumptions, accepting flawed Western analysis of Russian capabilities, and even then Ukraine he finds that Ukraine has little chance of succeeding.)
Lt. Col. Daniel L. Davis (USA ret.), Senior Fellow and Military Expert for Defense Priorities
https://www.19fortyfive.com/2022/07/ukraines-big-million-man-offensive-against-russia-seems-like-a-mistake/

Turcopolier
“Ukraine Update: All eyes on Kherson as Ukraine tightens the noose” – TTG  (Citing Markos Moulitsas of the Daily Kos (formerly trained in HIMARS) and Ukrainian presidential advisor Aleksey Arestovych, TTG disagrees with Lt. Col. Davis. Do these people understand combined arms warfare?)
https://turcopolier.com/ukraine-update-all-eyes-on-kherson-as-ukraine-tightens-the-noose-ttg/

The Independent (UK)
‘Pyromaniac fireman’ accused of starting string of French wildfires ‘for excitement’ (He belongs at the US State Department. He would fit right in.)
Emily Atkinson

Sputnik International (Russian state-sponsored media)
What’s the Big Deal About Pelosi, Or Any Other US Politician, Going to Taiwan? An Explainer
https://sputniknews.com/20220730/whats-the-big-deal-about-pelosi-or-any-other-us-politician-going-to-taiwan-an-explainer-1097947944.html

A Son of the New American Revolution
Will Tweaking the Dragon’s Tail Ignite a Terrible Fire With China?
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/will-tweaking-the-dragons-tail-ignite-a-terrible-fire/






China links at ECNS

Pushing back

ECNS (Chinese official English news service)
Xi speaks with Biden over phone (A Chinese version of the meeting)
http://www.ecns.cn/news/politics/2022-07-29/detail-ihcarefn4813941.shtml

Chinese spokesperson slams NATO for strategic concept referring to China
http://www.ecns.cn/news/military/2022-07-29/detail-ihcarefn4813938.shtml

Racism causes Asian Americans 'collective trauma,' says expert
http://www.ecns.cn/news/2022-07-28/detail-ihcarefn4813588.shtml

Chinese spokesperson refutes U.S. report against China
http://www.ecns.cn/photo/2022-07-28/detail-ihcarefn4812045.shtml

China vows 'forceful' moves on sovereignty
http://www.ecns.cn/news/politics/2022-07-28/detail-ihcarefn4811792.shtml


Is this or is this not a recession? It doesn't matter, there are much bigger changes afoot — Philip Pilkington

What is going on? Simply put, the West is getting poorer. We are seeing two things at once. First of all, policymakers have lost the plot and started intervening heavily into the economy with lockdowns and various other policies that destroy the supply-side of the economy. Secondly, we are seeing an enormous geopolitical shift centered around the war in Ukraine. The old model where the rich West runs large trade deficits with the poorer developing countries in exchange for worthless paper is coming to an end. We are exacerbating this transition by engaging in self-destructive sanctions policies that interfere with markets in everything from energy to fertiliser.

In a few words: the West is in decline and our leaders are greatly accelerating and exacerbating this decline. They can cover this up with redundant arguments about what is and isn’t a recession for so long. But at some point either the inflation will get worse — perhaps by gas shortages in Europe this winter — and/or the unmeployment rate will spike. At that point, the underlying dynamics will become too obvious to ignore. For politicians and the general public anyway. Economists will likely find some other redundant nuance to debate and distract.
Macrocosm
Is this or is this not a recession? It doesn't matter, there are much bigger changes afoot
Philip Pilkington
https://macrocosm.substack.com/p/is-this-or-is-this-not-a-recession

Links — 29 July 2022 Part 1

India Punchline
Lavrov is on Blinken’s list of people to call
M. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador
https://www.indianpunchline.com/lavrov-is-on-blinkens-list-of-people-to-call/

Reminiscence of the Future
How The Tables Have Turned.
http://smoothiex12.blogspot.com/2022/07/how-tables-have-turned.html

How to Troll Professionally and Mercilessly. ))
Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues
http://smoothiex12.blogspot.com/2022/07/how-tables-have-turned.html
http://smoothiex12.blogspot.com/2022/07/how-to-troll-professionally-and.html

Moon of Alabama
A Panicking Biden Administration Seeks Talks With Russia
https://www.moonofalabama.org/2022/07/a-panicking-biden-administration-seeks-talks-with-russia.html

Turcopolier
“Russians ‘highly vulnerable’ after Ukrainian forces bomb 3 bridges” (Confusing tactical achievement with operational success?)
Col. W. Patrick Lang, US Army (ret.)
https://turcopolier.com/russians-highly-vulnerable-after-ukrainian-forces-bomb-3-bridges/

1945
Lt. Col. Daniel L. Davis (USA ret.), Senior Fellow and Military Expert for Defense Priorities
https://www.19fortyfive.com/2022/07/is-a-china-crisis-now-inevitable/

The Vineyard of the Saker
Chinese Army Posts “Ready For War” Message [on Weibo]
http://thesaker.is/chinese-army-posts-ready-for-war-message/

Naked Capitalism
Xi and Biden Talk Past Each Other in Over 2 Hour Phone Call
https://www.nakedcapitalism.com/2022/07/xi-and-biden-talk-past-each-other-in-over-2-hour-phone-call.html

The Gang That Can’t Shoot Straight: Western Leaders Bungle Russia Gas Supply, Barmy Oil Price Cap, and Appear Unable Even to Line Up Meetings
https://www.nakedcapitalism.com/2022/07/the-gang-that-cant-shoot-straight-western-leaders-bungle-russia-gas-supply-barmy-oil-price-cap-and-appear-unable-even-to-line-up-meetings.html
Yves Smith

CaitlinJohnstone.com
China Is Issuing The Same “Red Line” Warnings About Taiwan That Russia Issued About Ukraine
https://caitlinjohnstone.com/2022/07/28/china-is-issuing-the-same-red-line-warnings-about-taiwan-that-russia-issued-about-ukraine/

For Warmongers It’s Always 1938: Notes From The Edge Of The Narrative Matrix
https://caitlinjohnstone.com/2022/07/29/for-warmongers-its-always-1938-notes-from-the-edge-of-the-narrative-matrix/
Caitlin Johnstone







Michael Hudson — American Diplomacy as a Tragic Drama

As in a Greek tragedy whose protagonist brings about precisely the fate that he has sought to avoid, the US/NATO confrontation with Russia in Ukraine is achieving just the opposite of America’s aim of preventing China, Russia and their allies from acting independently of U.S. control over their trade and investment policy. Naming China as America’s main long-term adversary, the Biden Administration’s plan was to split Russia away from China and then cripple China’s own military and economic viability. But the effect of American diplomacy has been to drive Russia and China together, joining with Iran, India and other allies. For the first time since the Bandung Conference of Non-Aligned Nations in 1955, a critical mass is able to be mutually self-sufficient to start the process of achieving independence from Dollar Diplomacy..…

Maybe "American Diplomacy as a Tragi-Comedy" is a more apt title? American "diplomacy" = "Do as we say or we whack you." But it is not so easy trying to whack China, Russia, and Iran without incurring huge costs.

Michael Hudson — On Finance, Real Estate And The Powers Of Neoliberalism
American Diplomacy as a Tragic Drama
Michael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University
https://michael-hudson.com/2022/07/american-diplomacy-as-a-tragic-drama/

Sino-forming of Global South passes point of no return — David P. Goldman

Drawing out the implications of this article, the US strategy of isolating China and Russia is failing. They are economically dominant in the Global South, especially China. Moreover, the US and Europe are dependent on Chinese exports ("supply chains"). And as we are seeing with sanctions, the US and Europe and also dependent on  Russia for materials and also China to a lesser extent (rare earths).

The bad news is that as this realization sets in, the remaining option to stem the tide of history from moving East is war. The US "deep state" joined at the hip with the UK "deep state"are preparing themselves and their allies for the coming conflict whose to save neoliberal, neo-imperial and neocolonial "globalization" dominated by the global elite.

Asia Times
Sino-forming of Global South passes point of no return
David P. Goldman
https://asiatimes.com/2022/07/sino-forming-of-global-south-passes-point-of-no-return/

See also

Jacobin
Francis Fukuyama Is Right: Socialism Is the Only Alternative to Liberalism (Not a fan of Fukuyama but and interesting article in light of the current moment of the historical dialectic.)
Samuel McIlhagga
https://jacobin.com/2022/07/francis-fukuyama-liberalism-and-its-discontents-book-review

Thursday, July 28, 2022

Col Doug Macgregor - Ukraine Russia latest — interview by Judge Napolitano (video 24.06)

 


Col Doug Macgregor - Ukraine Russia latest
Judge Napolitano - Judging Freedom
https://youtu.be/niZQnX-pw5w

Going "tactical" and "realist" — Andrei Martyanov (video 35.57)


Going "tactical" and "realist".
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/ponYJv8v0-8

"Technical Recession" (Sigh) — Brian Romanchuk

I just got back from vacation, and was greeted by the United States’ 2022Q2 GDP release which hit the dreaded “two quarters of contraction” status. Some people have decided that this counts as a “technical recession,” although it is unclear where the adjective “technical” comes from.
Since I am catching up with everything, I am unable to do a detailed analysis. If I do anything, I will postpone it until next week. I just want to add yet more words to the “is is a recession?” debate.

My view is straightforward: the NBER declares U.S. recessions, and I am not going to refer to a downturn in U.S. data as a “recession” unless the NBER has declared one. The thing to keep in mind that the declaration can arrive with a considerable lag, so I have no issues with texts arguing that one is currently in progress without the NBER committee declaring anything, so long as that condition is noted....
Bond Economics
"Technical Recession" (Sigh)
Brian Romanchuk
http://www.bondeconomics.com/2022/07/technical-recession-sigh.html

See also

Econbrowser
Chris Cillizza, Ill-informed Non-Economist, on the Definition of a Recession
Menzie Chinn | Professor of Public Affairs and Economics, Robert M. La Follette School of Public Affairs, University of Wisconsin–Madison, co-editor of the Journal of International Money and Finance, and a Research Associate of the National Bureau of Economic Research International Finance and Macroeconomics
http://econbrowser.com/archives/2022/07/chris-cillizza-ill-informed-non-economist-on-the-definition-of-a-recession

Wednesday, July 27, 2022

Bill Mitchell — We should celebrate the ‘work from home’ phenomenon

My topic today is the issue of the ‘work from home’ phenomenon, which is one of the better things Covid has produced. I explain why. But I also realise a lot of commentators view the phenomenon negatively. Some on the Left allege it just means the ‘woke’ class have abandoned the low-paid workers to Covid, while those on the Right are aghast because they realise that, at least, some workers have more ‘control’ over their working lives. My view is that we should celebrate the fact that some workers are happier. I don’t accept the argument from the ‘Left’ commentators that every worker should be miserable if every worker cannot be happier....
Bill Mitchell – billy blog
We should celebrate the ‘work from home’ phenomenon
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

Links — 27 July 2022 Part 2

Reminiscence of the Future
[Gerhard] Schroeder Goes To Moscow And Other Items.
Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues.
http://smoothiex12.blogspot.com/2022/07/schroeder-goes-to-moscow-and-other-items.html

India Punchline
Russia’s Vostok 2022 has big messages
M. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador
https://www.indianpunchline.com/russias-vostok-2022-has-big-messages/

CaitlinJohnstone.com
The Phoniest, Most PR-Intensive War Of All Time
Caitlin Johnstone
https://caitlinjohnstone.com/2022/07/27/the-phoniest-most-pr-intensive-war-of-all-time/

Naked Capitalism
One China Eyepoking Too Far: Biden Signals US Not Backing Down on Pelosi Taiwan Visit as China Promises Military Response
Yves Smith
https://www.nakedcapitalism.com/2022/07/one-china-eyepoking-too-far-biden-signals-us-not-backing-down-on-pelosi-taiwan-visit-as-china-promises-military-response.html

AP
US military making plans in case Pelosi travels to Taiwan
LOLITA C. BALDOR and ELLEN KNICKMEYER
https://apnews.com/article/china-nancy-pelosi-taiwan-government-and-politics-30bb4a00c7fd0e41c16b6791da6ad4a0

Sputnik International (Russian state-sponsored media)
Pelosi Reportedly Invites Senior Lawmakers to Join Taiwan Trip
https://sputniknews.com/20220727/pelosi-reportedly-invites-senior-lawmakers-to-join-taiwan-trip-1097862190.html
John Helmer
http://johnhelmer.net/sri-lankas-arrest-of-aeroflot-plane-was-the-straw-that-broke-president-rajapaksas-back/

Science
The Huanan Seafood Wholesale Market in Wuhan was the early epicenter of the COVID-19 pandemic (so much for the lab leak theory)
Michael Woroby et al
https://www.science.org/doi/10.1126/science.abp8715

Oilprice
G7 Presses Ahead With Russian Oil Price Cap
Julianne Geiger
https://oilprice.com/Energy/Crude-Oil/G7-Presses-Ahead-With-Russian-Oil-Price-Cap.html

TASS (Russian state media)
US destroys everything threatening its political interests — Lavrov
https://tass.com/politics/1485579

https://tass.com/politics/1485511
https://www.zerohedge.com/military/russia-unveils-large-scale-eastern-military-exercises-signaling-force-strength-unaffected








Tax and modern monetary theory: my talk at the MMT Summer Seminar — Richard Murphy

 I gave this talk a few weeks ago and it has now been released on Youtube:
Tax Research UK
Richard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum
https://www.taxresearch.org.uk/Blog/2022/07/27/tax-and-modern-monetary-theory-my-talk-at-the-mmt-summer-seminar/







Links — 27 July 2022 Part 1

Naked Capitalism
The End of Cheap Russian Gas: Turning the Lights Out in Europe
Yves Smith
https://www.nakedcapitalism.com/2022/07/the-end-of-cheap-russian-gas-turning-the-lights-out-in-europe.html

Dances with Bears
GORILLA RADIO ASKS: WILL THE WAR IN EUROPE END IN GERMANY AGAIN, LIKE 1945?
John Helmer
http://johnhelmer.net/gorilla-radio-asks-will-the-war-in-europe-end-in-germany-again-like-1945/

The Unz Review
The All-American Lie Factory
Philip Giraldi, former CIA counter-terrorism specialist and military intelligence officer, now Executive Director of the Council for the National Interest and founding member of the Veteran Intelligence Professionals for Sanity
https://www.unz.com/pgiraldi/the-all-american-lie-factory/
 
France 24 — The Observers
A retired Russian general forced to fight in Ukraine? The fake news story shared by tabloids (you probably heard about this hoax previously. Here is the backstory.)
Aude Dejaifve
https://observers.france24.com/en/europe/20220726-a-retired-russian-general-forced-to-fight-in-ukraine-the-fake-news-story-shared-by-tabloids

Intel Today
75 Years Ago — President Truman Creates the Central Intelligence Agency (July 26 1947)
Ludwig De Braeckeleer
https://inteltoday.org/2022/07/26/75-years-ago-president-truman-creates-the-central-intelligence-agency-july-26-1947/

Consortium News
PATRICK LAWRENCE: 21st Century Order
https://consortiumnews.com/2022/07/25/patrick-lawrence-21st-century-order/

One World
Her Majesty’s Government Hates Graham Phillips Because He Exposed Western-Backed Kiev’s Genocide
Andrew Korybko, American geopolitical analyst and independent journalist based in Moscow, and member of the expert council for the Institute of Strategic Studies and Predictions at the People’s Friendship University of Russia
https://oneworld.press/?module=articles&action=view&id=3111

A Son of the New American Revolution
Nuclear Arms Round Table with Gonzalo Lira, Ray Mcgovern, Ted Postol and Moi.
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/nuclear-arms-round-table-with-gonzalo-lira-ray-mcgovern-ted-postol-and-moi/


Fed “out of money!”?

 

WSJ op-ed by Art degree monetarist former Fed nominee Shelton wondering where the Fed is going to “get the money!” to pay the IOR and RRP interest…

This could be the start of the political shitstorm over this topic we’ve been looking for here at MNE for quite a while now…this could be right from Mikes stuff:

 “The tricky situation the Fed now faces is that its own net interest income—$116.8 billion in 2021, of which 93% was remitted to the Treasury—will soon be exhausted by the higher interest rates it intends to pay on those combined cash funds.”




 Mike with a breakdown from yesterday:



🍿


Tuesday, July 26, 2022

My Keynote from the Recent Levy Summer Seminar — Stephanie Kelton

As many of you know, I recently spoke at the Levy Economics Institute’s Summer Seminar on MMT, Minsky and Godley. All of the videos are now available, including my opening keynote….
The Lens
My Keynote from the Recent Levy Summer Seminar
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/my-keynote-from-the-recent-levy-summer

Links — 26 July 2022 Part 1

The Vineyard of the Saker
Sitrep Operation Z: collapses and progress
The Saker Staff
http://thesaker.is/sitrep-operation-z-collapses-and-progress/

1945
Does Economic Pain Mean NATO and the West Cut Ukraine Loose? (To me, this is the most likely scenario. By way of criticism, it also appears that Lt. Col. Davis is significantly underestimating Russian capability and resolve, as are most Americans who are analyzing the situation.)
Lt. Col. Daniel L. Davis (USA ret.), Senior Fellow and Military Expert for Defense Priorities
https://www.19fortyfive.com/2022/07/the-ukraine-war-could-end-with-western-discontent/

pressenza
One World
The New York Times Confirmed That Ukrainians Are Losing Their Military Confidence
Andrew Korybko, American geopolitical analyst and independent journalist based in Moscow, and member of the expert council for the Institute of Strategic Studies and Predictions at the People’s Friendship University of Russia
https://oneworld.press/?module=articles&action=view&id=3108

Reminiscence of the Future
Some Explanations Re: The Saker.
Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues.
http://smoothiex12.blogspot.com/2022/07/some-explanations-re-saker.html

Defense One
How NORAD Plans to Ward Off Cruise Missiles Fired at the US (in a few years. “We [Americans] need an understanding, a common understanding, of the threat, the vulnerabilities to our homeland and that the homeland is no longer a sanctuary.”)
Kevin Baron and Patrick Tucker
https://www.defenseone.com/technology/2022/07/how-norad-plans-ward-cruise-missiles-fired-us/374915/

Defense One
The Navy Should Assemble a Fleet for Littoral Campaigns (Really? What about the logistics, which determines outcomes?)
Bryan Clark
https://www.defenseone.com/ideas/2022/07/navy-should-assemble-fleet-littoral-campaigns/374898/

India Punchline
Black Sea and three musketeers
M. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador
https://www.indianpunchline.com/black-sea-and-three-musketeers/

RayMcGovern.com
“Spotlight” Interview: Update on the Week in Ukraine
Ray McGovern, co-founder of Veteran Intelligence Professionals for Sanity, and retired 27-year career CIA whose tasks included preparing and briefing The President’s Daily Brief and leading the Soviet Foreign Policy Branch
https://raymcgovern.com/2022/07/25/spotlight-interview-update-on-the-week-in-ukraine/

Oilprice
Russia’s New Gas Deals With Iran Are A Threat To The West
Simon Watkins
https://oilprice.com/Energy/Natural-Gas/Russias-New-Gas-Deals-With-Iran-Are-A-Threat-To-The-West.html

Moon of Alabama
Exclusions And Sanctions Help 'Enemies' [China and Russia] To Build Their Own Capabilities
https://www.moonofalabama.org/2022/07/exclusions-and-sanctions-help-enemies-to-build-their-own-capabilities.html

https://caitlinjohnstone.com/2022/07/26/warmongering-republicans-have-throbbing-hard-ons-for-pelosis-taiwan-trip/

Strategic Culture Foundation (sanctioned by the US Treasury Department)
Illusions of Superiority. What’s Next? (important backgrounder)
Alastair Crooke | founder and director of the Conflicts Forum, and former British diplomat and senior figure in British intelligence and in European Union diplomacy

Truthout
Chris Walke
https://truthout.org/articles/gop-should-be-party-of-christian-nationalism-greene-says-at-conservative-summit/

Monday, July 25, 2022

Links — 25 July 2022 Part 1

A Son of the New American Revolution
THE SHORTEST HISTORY OF EUROPEAN SURFACE NAVAL WARFARE EVER WRITTEN (increasing distance/bang ratio)
Helmholz Smith
https://sonar21.com/the-shortest-history-of-european-surface-naval-warfare-ever-written/

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/it-is-ukraine-not-russia-scraping-the-bottom-of-the-barrel-in-search-of-replacement-troops/

The Vineyard of the Saker
Logistical nightmares for the Ukrainian army
Batko Milacic for the Saker Blog
http://thesaker.is/logistical-nightmares-for-the-ukrainian-army/

1945
The Dark Scenario: Ukraine’s Military Can’t Beat Russia and Collapses (It's called "demilitarization.")
https://www.19fortyfive.com/2022/07/the-dark-scenario-ukraines-military-cant-beat-russia-and-collapses/
https://caitlinjohnstone.com/2022/07/25/weve-been-lied-to-our-whole-lives-about-everything-that-matters/

Moon of Alabama
Another Crazy Plot By Ukraine's Secret Service Just Blew Up - Flimsy Excuses Follow
https://www.moonofalabama.org/2022/07/another-crazy-plot-by-ukraines-secret-service-just-blew-up-flimsy-excuses-follow.html

SouthFront (sanctioned by the US Treasury Department)
Ukrainian Intelligence Failed To Hijack Russian Warplanes
https://southfront.org/ukrainian-intelligence-failed-to-hijack-russian-warplanes/

https://tass.com/defense/1484355

Counterpunch
America as Panopticon: You are Being Watched, Even if No One is Looking for You
Peter Krapp
https://www.counterpunch.org/2022/07/25/america-as-panopticon-you-are-being-watched-even-if-no-one-is-looking-for-you/




Sunday, July 24, 2022

Bill Mitchell — Once again the so-called technocracy that is the Eurozone looks like a farce

So last week, the Bank of Japan remained the last bank standing, the rest in the advanced world have largely lost the plot by thinking that raising interest rates significantly will reduce the global inflationary pressures that are being driven by on-going supply disruptions arising from the pandemic, the noncompetitive behaviour of the OPEC oil cartel and the Russian assault on Ukraine. The most recent central bank to buckle is the ECB, which last week raised interest rates by 50 basis point, apparently to fight inflation. But the ECB did it with a twist. On the one hand, the rate hike was very mainstream and based on the same defective reasoning that engulfs mainstream macroeconomics. But on the other hand, they introduced a new version of their government bond-buying programs, which the mainstream would call ‘money printing’ and inflationary. So, contradiction reigns supreme in the Eurozone and that is because of the dysfunctional monetary architecture that the neoliberals put in place in the 1990s. The only way the common currency can survive is if the ECB continues to fund Member State deficits, even if they play the charade that they are doing something different. Hilarious....

Bill Mitchell – billy blog
Once again the so-called technocracy that is the Eurozone looks like a farce
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

Links — 24 July 2022 Part 1

CaitlinJohnstone.com
When They Announce WW3 Let’s Just Say ‘Nah’: Notes From The Edge Of The Narrative Matrix
Caitlin Johnstone
https://caitlinjohnstone.com/2022/07/24/when-they-announce-ww3-lets-just-say-nah-notes-from-the-edge-of-the-narrative-matrix/
 
Reminiscence of the Future
TOE [Table of Operations and Equipment] As Military Bible.
http://smoothiex12.blogspot.com/2022/07/toe-as-military-bible.html
http://smoothiex12.blogspot.com/2022/07/in-news.html
Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues

South Front (sanctioned by the US Treasury Department)
https://southfront.org/russian-strike-on-odessa-port-destroyed-ukrainian-warship-us-supplied-harpoon-missiles-video/

India Punchline
Ukraine grain deal is a feel-good event. But road to peace is long and winding
M. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador
https://www.indianpunchline.com/ukraine-grain-deal-is-a-feel-good-event-but-road-to-peace-is-long-and-winding/

Moon of Alabama
https://www.moonofalabama.org/2022/07/the-moa-week-in-review-ot-2022-113.html

RT — Question More (Russian state-sponsored media)
China warns of military response to Pelosi’s Taiwan trip – FT
https://www.rt.com/news/559572-china-warns-over-pelosi-taiwan-trip/

The Case for Concerted Action
Wynne Godley’s Views About How The Economy Works
V. Ramanan
https://www.concertedaction.com/2022/07/24/wynne-godleys-views-about-how-the-economy-works/


Wynne Godley’s Views About How The Economy Works — Ramanan

Short quote on the important of the external factor (exports and imports).


The Case for Concerted Action
Wynne Godley’s Views About How The Economy Works
V. Ramanan
https://www.concertedaction.com/2022/07/24/wynne-godleys-views-about-how-the-economy-works/

Michael Roberts Blog — Europe: caught in a trap

Stagflation.

Michael Roberts Blog — blogging from a marxist economist
Europe: caught in a trap
Michael Roberts
https://thenextrecession.wordpress.com/2022/07/24/europe-caught-in-a-trap/

Summers calling for recession

 

This guy is in charge not Yellen or Powell… tells Biden what to tell them…  thinks we’re headed for recession due to the monetary policies of higher risk free rates and quantitative tightening…  ie textbook Art degree monetarism 101…





Five months into the Special Military Operation–a summary — The Saker

The Saker (Andrei Raevsky) is back. Here is his first report in some months. 

He, along with some other dissident military analysts like Col. Douglas Macgregor, Andrei Martyanov, Scott Ritter, Dima (of Military Summary), and Brian Berletic of New Atlas, have been providing an alternative to the conventional narrative that is not found on the conventional media that pushes the narrative while ignoring alternative views. It's good to have his perspective again. While opponents may claim that such views are "pro-Russian," these analysts appear to be striving for fact-based objective analysis. Tear and compare and decide for yourself.

(Former Congresswoman and Lt. Col. in the US Army Reserve Tulsi Gabbard also deserves mention as a critic of the present military policy, although she doesn't provide military analysis like those listed above.)

The Vineyard of the Saker
Five months into the Special Military Operation – a summary
The Saker
http://thesaker.is/five-months-into-the-special-military-operation-a-summary/

MAGA: The Stagflation Scenario Is Getting Deeper And Deeper

 

Current MAGA outlook, Navarro still bearish and short on the “stagflation!”…  doesn’t think there is any policy alternative to current projected low or negative growth…  not thinking about bank credit at all…



QT Progress

 Started June 1 at 8,392


Now after 7 weeks down to 8,369




Down 23 when they said they were supposed to be reducing at a 47.5 per month rate…. Should be close to 8,300 … either they are technically incompetent or yes I know I know it’s all part of the “vast neoliberal conspiracy!”..



Saturday, July 23, 2022

Links — 23 July 2022 Part 1

The Vineyard of the Saker
For those about to rock, NAM 2.0 salutes you
Pepe Escobar
http://thesaker.is/for-those-about-to-rock-nam-2-0-salutes-you/

RayMcGovern.com
Media Miss Major Moves on Russia-Ukraine
https://raymcgovern.com/2022/07/22/media-miss-major-moves-on-russia-ukraine/

Beware the Lucrative Tilt With Windmills in Ukraine
https://raymcgovern.com/2022/07/22/beware-the-lucrative-tilt-with-windmills-in-ukraine/
Ray McGovern, co-founder of Veteran Intelligence Professionals for Sanity, and retired 27-year career CIA whose tasks included preparing and briefing The President’s Daily Brief and leading the Soviet Foreign Policy Branch

Turcopolier
“Cheap drones and countermeasures …”
Col. Patrick Lang, US Army (ret.) W.
https://turcopolier.com/cheap-drones-and-countermeasures/

A Son of the New American Revolution
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/why-does-the-west-hate-russia/

One World
https://oneworld.press/?module=articles&action=view&id=3097

https://oneworld.press/?module=articles&action=view&id=3098
Andrew Korybko, American geopolitical analyst and independent journalist based in Moscow, and member of the expert council for the Institute of Strategic Studies and Predictions at the People’s Friendship University of Russia

Moon of Alabama
Ukraine Grain Exports - Myths And Reality
https://www.moonofalabama.org/2022/07/ukraine-grain-exports-myths-and-reality.html

Sputnik International (Russian state-sponsored media)
Serbs Bombed by NATO in 1999 Show Levels of Uranium in Bloodstreams Hundreds of Times Above Norm
https://sputniknews.com/20220723/serbs-bombed-by-nato-in-1999-show-levels-of-uranium-in-bloodstreams-hundreds-of-times-above-norm-1097728370.html

Iranian Minister: Russia & Iran Will Jointly Create Alternatives to Western Software, Telecom
https://sputniknews.com/20220723/iranian-minister-russia--iran-will-jointly-create-alternatives-to-western-software-telecom-1097728639.html

















Wunderwaffe Thinking— Al Bundy's Four Touchdowns As American Wunderwaffe thinking-Conclusion (video 32.57)

 


Wunderwaffe Thinking— Al Bundy's Four Touchdowns As American Wunderwaffe thinking-Conclusion
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/cUOh6AP6Slw

ty

Friday, July 22, 2022

July 22 2022 Part 1

The Vineyard of the Saker
Operation ZOV: quagmire and fog
The Saker Staff
http://thesaker.is/operation-zov-quagmire-and-fog/

1945
How the Ukraine War Could End: Stalemate or Russia Captures Kharkiv and Odessa (If Andrei Martyanov and others are correct, Davis is underestimating Russian military capability.)
Lt. Col. Daniel L. Davis (USA ret.), Senior Fellow and Military Expert for Defense Priorities
https://www.19fortyfive.com/2022/07/how-the-ukraine-war-could-end-stalemate-or-russia-captures-kharkiv-and-odessa/

A Son of the New American Revolution
Russia about to ‘run out of steam’ in Ukraine, British spy chief says
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/russia-about-to-run-out-of-steam-in-ukraine-british-spy-chief-says/

Turcopolier
“Russia using 85% of fighting force in Ukraine …” (Col. Lang buys into the narrative.)
Col. W. Patrick Lang, US Army (ret.)
https://turcopolier.com/russia-using-85-of-fighting-force-in-ukraine/

Moon of Alabama
U.S. Attempts To Make China An Enemy Require A Lot Of Fantasy (When I was serving as a US naval officer in the Western Pacific during the lead-in to the Vietnam debacle, I realized that the entire US narrative is a fantasy.)
https://www.moonofalabama.org/2022/07/us-attempts-to-make-china-an-enemy-require-a-lot-of-fantasy.html

50 Sick Headlines About Vladimir Putin's Health (more fantasy)
https://www.moonofalabama.org/2022/07/50-sick-headlines-about-vladimir-putins-health.html

One World
Andrew Korybko, American geopolitical analyst and independent journalist based in Moscow, and member of the expert council for the Institute of Strategic Studies and Predictions at the People’s Friendship University of Russia
https://oneworld.press/?module=articles&action=view&id=3095

Thursday, July 21, 2022

Links — 21 July 2022

Moon of Alabama
Australia Finally Recognizes That The AUKUS Deal Makes No Sense At All
https://www.moonofalabama.org/2022/07/australia-finally-recognizes-that-the-aukus-deal-makes-no-sense-at-all.html

Why Nord Stream II Must Be Opened Immediately
https://www.moonofalabama.org/2022/07/why-nord-stream-ii-must-be-opened-immediately.html

Sputnik International (Russian state-sponsored media)
US CIA Director: Iran Never Resumed Nuclear Weapons Program
https://www.rt.com/russia/559297-us-uk-real-war-russia-europe-lavrov/

RT — Question More (Russian state-sponsored media)
US and UK want ‘real war’ between Russia and EU – Lavrov
https://www.rt.com/russia/559297-us-uk-real-war-russia-europe-lavrov/

Chinese chipmaker overcomes US sanctions – Bloomberg
https://www.rt.com/news/559419-china-semiconductors-smic-sanctions/

Reminiscence of the Future
A Peculiar Math.
http://smoothiex12.blogspot.com/2022/07/a-peculiar-math.html

A Short Note About... Mobilization And Math.
http://smoothiex12.blogspot.com/2022/07/a-short-note-about-mobilization-and-math.html

Oh, No, Oh, No... I Love This Meme
http://smoothiex12.blogspot.com/2022/07/oh-no-oh-no-i-love-this-meme.html
Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues




Michael Roberts — Is China headed for a crash?

China in not headed for a "crash" for the simple reason that the government controls the banking system.

The question in any financial crisis is who is going to assume the losses. In market economies, it is generally "the little people" (h/t Alan Simpson), that is, those that do not count. But ultimately the Chinese government will absorb the losses instead of those now affected, the mortgage holders and bank depositors. And cowboy capitalism will be moderated more. The Chinese government has already been doing this lately, having recognized systemic risk increasing with the current liberalization policy.

The problem arose from too much capitalism, as some of the leadership had been complaining. That is now likely to change in the direction of a more managed economy in which there is less risk allowed.

Michael Roberts sees that as potentially limiting growth but China economy was expanding at a blistering rate and can afford to slow down the pace without significant economic contraction.

While this is not likely to be sorted out overnight, it is not the collapse that Western Cassandras are foreseeing.

Michael Roberts Blog — blogging from a marxist economist
Is China headed for a crash?
Michael Roberts

Wednesday, July 20, 2022

Bill Mitchell — Trickle down. Remember that. The evidence base continue to reject the notion as a scam

Trickle down. Remember that? This was the idea that if we redirect real income towards capital by boosting profits via real wage suppression and/or corporate tax cuts, as if by magic, corporations will start investing the largesse in productive capital, which stimulates economic growth, and, the benefits ‘trickle down’ to the workers who made the initial sacrifices. The evidence base has never supported the idea yet it still resonates. I read two interesting articles yesterday, which are related even if at first blush they may not appear to be. The first reveals the shocking decline in productive investment by both private and public sectors and the long-term damage that that will have for our capacity to meet the climate challenge. The second shows that the arguments that cutting corporate taxes is good for economic growth is false....
Bill Mitchell – billy blog
Trickle down. Remember that. The evidence base continue to reject the notion as a scam
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

China bank runs…

 

😂

Tanks in front of the banks! (Hey it rhymes Art degree morons!)

Disgraced USD zombie pieces of human garbage….


“hath not the potter authority over the clay, out of the same lump to make the one vessel to honour, and the one to dishonour?”  Rom 9:21


You’re looking at over a billion chamber pots over there…  completely disgraced human beings… sad…







Mobilization and Real Economy — Andrei Martyanov (video 37.08)



Mobilization and Real Economy
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/SrZz1J6xqqQ

The power troika trumps Biden in West Asia — Pepe Escobar

The Tehran summit uniting Iran-Russia-Turkey was a fascinating affair in more ways than one. Ostensibly about the Astana peace process in Syria, launched in 2017, the summit joint statement duly noted that Iran, Russia and (recently rebranded) Turkiye will continue, “cooperating to eliminate terrorists” in Syria and “won’t accept new facts in Syria in the name of defeating terrorism.”

That’s a wholesale rejection of the “war on terror” exceptionalist unipolarity that once ruled West Asia.

Standing up to the global sheriff

Russian President Vladimir Putin, in his own speech, was even more explicit. He stressed “specific steps to promote the intra-Syrian inclusive political dialogue” and most of called a spade a spade: “The western states led by the US are strongly encouraging separatist sentiment in some areas of the country and plundering its natural resources with a view to ultimately pulling the Syrian state apart.”

So there will be “extra steps in our trilateral format” aimed at “stabilizing the situation in those areas” and crucially, “returning control to the legitimate government of Syria.” For better or for worse, the days of imperial plunder will be over....
Speaking for the Global East and South, the troika put neoliberalism, neo-imperialism, and neocolonialism on notice that the world will no longer be run in the interest of "the golden billion." Them's fightin' words, and the fights are already in progress in Syria and Ukraine and likely soon in the South China Sea and Taiwan.

The Cradle
The power troika trumps Biden in West Asia
Pepe Escobar
https://thecradle.co/Article/Columns/13301

Governments Can No Longer Afford To Leave Energy Security To Market Forces — Alex Kimani

When capitalism doesn't cut it.
  • Russia’s invasion of Ukraine has created an energy crisis in Europe and global energy markets will never be the same.
  • The new world energy order will be defined by government intervention on a scale not seen in recent memory.
  • European governments will have to work hard to avoid excessive government interventions in energy markets that might exacerbate the energy crises
Actually, the increasingly threatening effects of climate change were a more significant wakeup call than war, although historically war has justified increased government intrusion in the economy. Now the world is facing a dual threat, either of which could lead to extinction or at least mass culling of the population and realignment of the ecosystem.

The dual threat implies that the world's leaders are caught in a double-bind trying to address both at once. Climate change requires concerted action, while war places the highest priority on ramping up use of existing energy sources, which are chiefly carbon-based.
 
Oilprice
Governments Can No Longer Afford To Leave Energy Security To Market Forces
Alex Kimani
https://oilprice.com/Energy/Energy-General/Governments-Can-No-Longer-Afford-To-Leave-Energy-Security-To-Market-Forces.html

See also

CBS News
Biden announces new efforts to fight climate change in Massachusetts visit
https://www.cbsnews.com/live-updates/biden-climate-change-massachusetts-watch-live-stream-today-2022-07-20/

Links — 20 July 2022 Part 1

Asia Times
Ukraine – the situation (July 20, 2022)
Uwe Parpart
https://asiatimes.com/2022/07/ukraine-the-situation-july-20-2022/

One World
Germany’s Century-Long Plot To Capture Control Of Europe Is Almost Complete
Andrew Korybko, American geopolitical analyst and independent journalist based in Moscow, and member of the expert council for the Institute of Strategic Studies and Predictions at the People’s Friendship University of Russia
https://oneworld.press/?module=articles&action=view&id=3091

Turcopolier
Saudi Arabia is not our friend (nor anyone else’s) Get it?
Col. W. Patrick Lang, US Army (ret.)
https://turcopolier.com/saudi-arabia-is-not-our-friend-nor-anyone-elses-get-it/
https://turcopolier.com/saudi-arabia-is-not-our-friend-nor-anyone-elses-get-it/

India Punchline
Russia teaches Europe ABC of gas trade
M. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador
https://www.indianpunchline.com/russia-teaches-europe-abc-of-gas-trade/

Global Times (Chinese state-sponsored media)
If Pelosi goes to Taiwan, it will be a huge historic mistake for Washington 
Global Times editorial
https://www.globaltimes.cn/page/202207/1270920.shtml

Sputnik International (Russian state-sponsored media)
West Came to Global Preeminence Through Robbery of Other Peoples, Has No Model of the Future: Putin
https://sputniknews.com/20220720/west-came-to-global-preeminence-through-robbery-of-other-peoples-has-no-model-of-the-future-putin-1097617120.html

ECNS (Chinese official English news service)
China urges U.S. to stop looting Syrian national resources
http://www.ecns.cn/news/2022-07-20/detail-ihcakxsi6136476.shtml

Bill Mitchell — Mask mandates should be reintroduced to stop our rising death rate

Today is Wednesday and as usual I feel as though I can roam a bit freer than usual. Today I have some great music but also my latest views on sustainable urban development and the hot topic in Australia at the moment of whether or not the Australian government should reintroduce mask mandates in certain settings given that Covid is rapidly accelerating and our death rate is now at unacceptably high levels and rising. There is a lot of guff on Twitter etc about the oppression of these sorts of restrictions. But wearing a mask is a simple way to protect oneself and those around us. It is hardly a symbol of authoritarianism and conspiracy to destroy our freedom. I see it as basically a civic responsibility. I am in a very small minority though. As usual. Tomorrow I will get back to economics....
Bill Mitchell – billy blog
Mask mandates should be reintroduced to stop our rising death rate
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
http://bilbo.economicoutlook.net/blog/?p=50165

On Bottom Up Inflation Analysis — Brian Romanchuk

I have been running into comments about “top down” versus “bottom up” inflation analysis over the years, mainly on Twitter. The usual context is a conventional economist arguing that “bottom up inflation analysis is defective” for some reason or another. I have not seen a long form analysis justifying this, rather this was drive by snark. I have seen this more often as people are taking victory laps for inflation forecasting.

Since I am not huge fan of the people making the comments, I cannot offer a strong version of their views. I will instead offer a guess at what they were driving at, and explain why I think inflation analysis should be “bottom up.” (I discuss this in Section 3.3 of Breakeven Inflation Analysis.)...
Bond Economics
On Bottom Up Inflation Analysis
Brian Romanchuk
http://www.bondeconomics.com/2022/07/on-bottom-up-inflation-analysis.html

Tuesday, July 19, 2022

Links — 19 July 2022 Part 2

A Son of the New American Revolution
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/did-you-know-that-russia-is-still-losing-the-war-in-ukraine/

The Duran
U.S. Game-Plan to Conquer Russia & China Is Clarified
Eric Zuesse
https://theduran.com/u-s-game-plan-to-conquer-russia-china-is-clarified/

TASS (Russian state media)
Russia, Iran, Turkey reject all unilateral sanctions against Syria — statement
https://tass.com/world/1482175

One of Russian gas supplies routes to Europe shut by Ukraine for political motives — Putin
https://tass.com/economy/1482227

Russia, Iran, Turkey reject all unilateral sanctions against Syria — statement
https://tass.com/world/1482175

https://tass.com/politics/1482251

Oilprice
Russian And Iran Ink $40 Billion Oil And Gas Agreement (Russia and China will be developing Iran's energy resources.)
https://oilprice.com/Latest-Energy-News/World-News/Russian-And-Iran-Ink-40-Billion-Oil-And-Gas-Agreement.html

RT — Question More (Russian state-sponsored media)
A view from Donbass: Ukraine has treated the people of this region as sub-humans, this made peace impossible
Vladislav Ugolny, a Russian journalist based in Donetsk
https://www.rt.com/russia/559061-children-donbass-world-not-care/

https://www.rt.com/business/559241-iran-launches-russian-ruble-trade/

Sputnik International (Russian state-sponsored media)
Russia Calls on UN Chief to Request Closure of Ukrainian Neo-Nazi Website Mirotvorets
https://sputniknews.com/20220720/russia-calls-on-un-chief-to-request-closure-of-ukrainian-neo-nazi-website-mirotvorets-1097599643.html


Col.. Douglas Macgregor - Russia Ukraine latest — Douglas Macgregor interviewed by Judge Napolitano (Video 25.08)

 


Col.. Douglas Macgregor - Russia Ukraine latest
Douglas Macgregor interviewed by Judge Napolitano - Judging Freedom
https://youtu.be/hDeYaicDDbs

Links — 19 July 2022 Part 1

Reminiscence of the Future
Why Russia Is Not Running Out Of Ammo. (See also comment by Larchmonter445. He nails it.)
https://smoothiex12.blogspot.com/2022/07/why-russia-is-not-running-out-of-ammo.html

Good Points By...
http://smoothiex12.blogspot.com/2022/07/good-points-by.html

Because They Are Incompetent.
http://smoothiex12.blogspot.com/2022/07/because-they-are-incompetent.html
Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues

India Punchline
Ukraine’s ‘Great Game’ surfaces in Transcaucasia
M. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador
https://www.indianpunchline.com/ukraines-great-game-surfaces-in-transcaucasia/

Moon of Alabama
In The Multipolar World Iran Will No Longer Fear U.S. Sanctions
https://www.moonofalabama.org/2022/07/in-the-multipolar-world-iran-will-no-longer-fear-us-sanctions.html

Sputnik International (Russian state-sponsored media)
‘Outlived its Usefulness’: From Taiwan, Ex-Pentagon Chief Esper Calls for End to One China Policy
https://sputniknews.com/20220719/outlived-its-usefulness-from-taiwan-ex-pentagon-chief-esper-calls-for-end-to-one-china-policy-1097592767.html

The Unz Review
Joe Biden’s Secret War in Ukraine, by Philip Giraldi
Philip Giraldi, former CIA counter-terrorism specialist and military intelligence officer, now Executive Director of the Council for the National Interest and founding member of the Veteran Intelligence Professionals for Sanity
https://www.unz.com/pgiraldi/joe-bidens-secret-war-in-ukraine/

RT — Question More (Russian state-sponsored media)
Modi warns against India’s ‘addiction’ [to foreign weapons]
https://www.rt.com/news/559207-india-defense-addiction-modi/

China blames US for Ukraine conflict
https://www.rt.com/news/559273-china-us-ukraine-conflict/



Monday, July 18, 2022

Links — 18 July 2022 Part 3

1945
Why Do We Keep Listening to the ‘TV’ Generals on Ukraine? (manufactured perception as "reality" vs. facts as reality)
Lt. Col. Daniel L. Davis (USA ret.), Senior Fellow and Military Expert for Defense Priorities
https://www.19fortyfive.com/2022/07/why-do-we-keep-listening-to-the-tv-generals-on-ukraine/

A Son of the New American Revolution
Ukraine’s Zelensky Has a Counter Intelligence Problem
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/ukraines-zelensky-has-a-counter-intelligence-problem/

CaitlinJohnstone.com
The Biggest Lie The Hawks Ever Sold: Notes From The Edge Of The Narrative Matrix
Caitlin Johnstone
https://caitlinjohnstone.com/2022/07/19/the-biggest-lie-the-hawks-ever-sold-notes-from-the-edge-of-the-narrative-matrix/

RT — Question More (Russian state-sponsored media)
Chinese military issues warning to US
https://www.rt.com/news/559204-china-us-taiwan-arms-deal/

South Front (sanctioned by the US Treasury Department)
US Implies Ukraine Can Use HIMARS Against Russian Targets in Crimea
https://southfront.org/us-implies-ukraine-can-use-himars-against-russian-targets-in-crimea/

TASS (Russian state media)
[Former Russian Federation President and Prime Minister Dmitry]Medvedev warns Ukraine of doomsday in case of its attack on Crimea
https://tass.com/politics/1481067

ECNS (Chinese official English news service)
U.S. is acting like mafia boss and the world knows it: FM spokesperson
http://www.ecns.cn/hd/2022-07-19/detail-ihcakxsi6132030.shtml#

Overthrowing foreign governments is deep in bones of how U.S. conducts its foreign policy
http://www.ecns.cn/photo/2022-07-19/detail-ihcakxsi6132145.shtml

Chinese FM spokesperson urges investigations into UK, U.S. war crimes, human rights violations
http://www.ecns.cn/news/2022-07-19/detail-ihcakxsi6131910.shtml

Ian Welsh
Russia Turns Up The Pressure (And off the Gas) on Germany and the EU
https://www.ianwelsh.net/russia-turns-up-the-pressure-and-off-the-gas-on-germany-and-the-eu/


Michael Hudson — Capitalism’s Self-Destructive Nature

Transcript of Interview on The Left Lens with Danny Haiphong May 25th, 2022

Michael Hudson — On Finance, Real Estate And The Powers Of Neoliberalism
Finance Capitalism’s Self-Destructive Nature
Michael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University

Now Accepting Applications–Graduate Studies in the Economics of Sustainability — Stephanie Kelton

Starting today, applications are being accepted for Graduate Studies in the Economics of Sustainability at Torrens University.

The entire suite of courses is offered exclusively online. Whether you’re interested in a Graduate Certificate, a Graduate Diploma or a Master’s Degree in the Economics of Sustainability, there’s a pathway to study with some of the world’s top MMT economists. Soon, you will also be able to submit an application to do a Ph.D....
The Lens
Now Accepting Applications
Graduate Studies in the Economics of Sustainability

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/now-accepting-applications

Links — 18 July 2022 Part 2

The American Conservative
Douglas Macgregor: Worshipping Dead Horses
https://www.theamericanconservative.com/worshipping-dead-horses/

TASS (Russian state media)

Russia to determine conditions for use of foreign software amid sanctions — Putin
https://tass.com/politics/1481565

Microsoft executing Pentagon’s order to strip Ukraine of digital sovereignty — diplomat
https://tass.com/politics/1481545

Putin vows Russia not going to have decades of its progress reversed
https://tass.com/politics/1481435

Sputnik International (Russian state-sponsored media)
Russian Deputy FM Says Microsoft is Taking Over Ukraine's Digital Networks at Pentagon's Behest
https://sputniknews.com/20220718/russian-deputy-fm-says-microsoft-is-taking-over-ukraines-digital-networks-at-pentagons-behest-1097433878.html

Defend Democracy Press
Wolfgang Streeck |Emeritus Director of the Max Planck Institute for the Study of Societies in Cologne, Germany
http://www.defenddemocracy.press/wolfgang-streeck-means-of-destruction/