Wednesday, July 27, 2022

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








9 comments:

Footsoldier said...

Gold, stocks , blooming and $ struggling.


:)



Bear market rally ?


Will the rally stay or won't it, that is the question on everybody's lips.


Get passed mid August might stand a chance but 2 massive mountains to climb in Sept and October.




Footsoldier said...

The bears are watching the 30y like a Salmon.


https://themacrocompass.substack.com/p/bear-market-rally#details


I'll stick to watching mid August. If it can make it or not.









Matt Franko said...

Mid August there will be a BIG fiscal interest payment on all the us bonds and notes…. Around the 15th…

Footsoldier said...

Let's keep an eye out.


I'll keep you updated with what the others are saying.


Alongside the MMT view.

NeilW said...

"(so much for the lab leak theory)"

The paper doesn't say that. It says.

‘the observation that the preponderance of early cases were linked to the Huanan market does not establish that the pandemic originated there’.

Essentially this is paper is the equivalent of discussing cosmic inflation after the big bang, not the origin of the big bang.

Not that you'd know that from the propaganda surrounding it, which suggests there are some very powerful people trying desperately to get off the hook.

NeilW said...

If you want a genuine work of academic propaganda from a "team of experts", have a look at this

Sonnenfeld, Jeffrey and Tian, Steven and Sokolowski, Franek and Wyrebkowski, Michal and Kasprowicz, Mateusz, Business Retreats and Sanctions Are Crippling the Russian Economy (July 19, 2022). Available at SSRN: https://ssrn.com/abstract=4167193 or http://dx.doi.org/10.2139/ssrn.4167193

It's this sort of that is going to prolong the war and result in the unnecessary deaths of 1000s of more people.

Just one sentence says it all: "these export earnings make up well over half of Russia’s total government budget in most years"

Garbage In, Garbage Out.

Matt Franko said...

I think Russia is going after the food…

I read yesterday that Russia and Ukraine account for 32% of wheat exports globally…

They probably see the end of most oil in next 5-10 years with EVs and PHEVs so they are trying to grab the food supply now to have that to use for political coercion instead of the oil they use now…

NeilW said...

"I read yesterday that Russia and Ukraine account for 32% of wheat exports globally…"

Talk about percentage of exports, without talking about the percentage of trade overall.

Production is 778 million tons. 198.6 million is exported. ~740 million tons is consumed.

Matt Franko said...

They’ll be swing producer and set the price just like OPEC+ now with the oil.