China Connects the Dots

It’s fascinating to see the Chinese media is now openly discussing the sort of connections that tend to get one rapidly cancelled as a “conspiracy theorist” and even an “antisemite” in the West:

“A just cause enjoys abundant support, while an unjust cause finds little support.” No one feels this snippet of wisdom more deeply than the US now. A spokesman for Spain’s defense ministry told AFP on Sunday that the country will not participate in the so-called Operation Prosperity Guardian, a US-led maritime task force in the Red Sea that aims to protect the passage of Israeli-owned and Israel-bound merchant vessels.

Obviously, the US’ European allies are no longer willing to foot the bill of the US’ selfishness. Operation Prosperity Guardian organized by the US has a strong political overtone, that is, safeguarding Israel’s national interests. Israel’s actions in Gaza have aroused the anger of the international community. More than 20,000 Palestinians have reportedly been killed, more than 50,000 injured, and much of Gaza has been destroyed. Some European countries have begun to diverge from the US on the Palestinian-Israeli conflict. The objective of the US creating the Red Sea alliance, on the one hand, is testing whether its allies share the same beliefs with it on this issue. On the other hand, Washington is levering multilateral diplomatic actions to cover up its unilateral support of Israel.

US allies always support the US and share its stance, but that does not mean they will unlimitedly support the frenzied positions taken by the US on all issues, especially when the US position is contrary to their own interests…

Song Zhongping, a Chinese military expert, believes that no matter it is the Iraq war, the Afghan war, or the current Russia-Ukraine or Palestinian-Israeli conflict, the US’ performance has made it lose its credibility and leadership. US allies see clearly that the US only causes trouble, but it is not willing to bear the consequences. Instead, it lets its allies clean up the mess. The appeal of the US has declined, as the US that is used to being echoed is now being rejected. This is a true manifestation of “A just cause enjoys abundant support, while an unjust cause finds little support.”

Cracks in Red Sea alliance underline US-Europe division, GLOBAL TIMES, 25 December 2023

The fact that China is openly connecting the dots for the benefit of the global public is highlighted by the way Clown World’s media is actively attempting to hide the nature of the Yemeni-Israeli conflict and the fact that the Yemenis are only attacking Israeli-owned ships attempting to transit the Red Sea.

This operation is now coming apart in recriminations because commercial vessel owners in France, Spain, and Italy have accepted that if they negotiate Israel-boycott deals directly with the Houthis, they can continue to operate through the Red Sea. They resent the commercial competition from Russia and China which are operating oil tankers and dry-cargo carriers without hindrance or threat.

The obviousness of the targeting by the Houthis, and of Houthi deal-making by the Russians and Chinese, are being concealed, however, in the US and UK maritime industry media and the mainstream press.

In the most recent strike, the Israeli oil tanker Chem Pluto was hit on Saturday, December 23, by a drone about 1,600 kilometres east of the Yemen coast; about 200 kilometres west of the Indian coast. Initial media reporting claimed the vessel was “affiliated” to Israel but emphasized that it was owned by a Japanese entity and managed by a Dutch one… The allies knew at once that the Chem Pluto had been targeted because it was Israeli-owned. However, the Pentagon, the Voice of America, and UK propaganda continue to pretend that the Houthi targeting is not tied to the Israel Defence Forces’ operations in Gaza, and carefully restricted to Israeli and allied targets.

As with the current economic and military situations, the Western media’s attempts to construct and maintain false narratives, and to limit the influence of alternative medias that do not respect the narrative, is being systematically undermined by Clown World’s inability to influence the Chinese and Russian medias.

It’s very interesting to see how long it will take US politicians, narrative police, and corporate interests to come to term with the fact that the USA is no longer a monopolar power and that the markets of the West are no longer the most sizable, most advanced, or the most profitable.

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The Great Taking

A short book warns of the sinister, but desperate plan that underlies all of Clown World’s various projects, from the World Economic Forum and the Covid vaxxes to Global Warming, the invasion of Gaza, and Operation Prosperity Guardian.

The Great Taking puts forth a warning that a virtually unknown entity called “The Depository Trust & Clearing Corporation” (DTCC) is effectively the “owner” of all the publicly traded companies in the world, and in fact all debt-based assets of any kind:

“It is about the taking of collateral (all of it), the end game of the current globally synchronous debt accumulation super cycle. This scheme is being executed by long-planned, intelligent design, the audacity and scope of which is difficult for the mind to encompass.

Included are all financial assets and bank deposits, all stocks and bonds; and hence, all underlying property of all public corporations, including all inventories, plant and equipment; land, mineral deposits, inventions and intellectual property. Privately owned personal and real property financed with any amount of debt will likewise be taken, as will the assets of privately owned businesses which have been financed with debt.”

Over the course of the book, the author describes a 50-year process by which ownership of shares in public companies, and all debt collateral has been “dematerialized”.

In the olden days, you invested in a company – they gave you physical share certificates – and you were now part owner of the company. This is still how many value investors including me think of stock ownership.

We’re not invested in all of these companies in The Bitcoin Capitalist Portfolio simply because we’re trying to time the oscillations in the price movements. We think of ourselves as partial owners of these businesses.

Michael Saylor, Brian Armstrong, Mike Novogratz, Frank Holmes, Jamie Leverton et al, aren’t just celebrity CEOs in this space (Bitcoin)… they’re our partners. Granted, we’re the minority partners, silent ones, betting the jockeys and just along for the ride; but we don’t think of these positions as just stock charts and price gyrations – we think of them as businesses in which we are part owners.

At least I do.

According to The Great Taking, author David Rogers Webb, this is not true. We don’t own small pieces of these companies, we own claims on those pieces, because – over the course of decades, through the exigencies of ever-increasing trading volumes, combined with the machinations behind the scenes of diabolical manipulators – stock ownership has been supplanted by “security entitlements”.

Webb posits that when the debt super-cycle culminates in its ultimate blow up; the trap will be sprung, and actual ownership over all these companies and assets will be subsumed by the clearing houses. An infinitesimal cadre of elites will effectively own everything, and the masses of the world will be reduced to serfdom.

It’s not actually that difficult to postulate; I always considered it a patently obvious risk. This is precisely why I have always warned everyone to stay COMPLETELY out of debt. You can look it up. It’s been obvious since 2002 that there is far more debt, and claims of ownership to that debt, than there is of physical collateral for the debt, and that’s before we even take into account any of the conspiracy theories that HUMAN BEINGS or their lifetime economic potential are somehow being utilized as collateral for state currency debt.

As long ago as 2008, it was already estimated that there were $100 of debt claims on every actual $1 of collateral value. That figure is almost certainly higher today.

The global credit economy rests entirely upon the idea that the foundation of debts upon which it rests will never be called in. As Paul Samuelson wrote in what is quite literally the system’s textbook, Economics: An Introductory Analysis, “what difference does it make if Paul owes Peter or Peter owes Paul?”

Well, it makes a tremendous difference if everyone on the planet owes one person, or one small group of people, particularly if the ultimate holder of all debt in the world is an evil, sociopathic devil worshiper with an endless hatred of the human race.

Now, it’s not quite as bad as most of these dire economic conspiracy theorists make things out to be, because as we have been learning since 2015, the Lords of Debt are discovering the limits of money power, as are the nationalist resistance. There is a very good reason that first Iran, then China, and then Russia, all of whom were locked out of the Clown World economy, have gone from seeking to participate in the system to actively waging war against it.

The book’s author appears to have noticed the same thing:

“The “control system” has entered collapse. Their power has been based on deception. Their two great powers of deception, money and media, have been extremely energy-efficient means of control. But these powers are now in rampant collapse. This is why they have moved urgently to institute physical control measures. However, physical control is difficult, dangerous and energy-intensive. And so, they are risking all. They are risking being seen. Is this not a sign of desperation?“

I suspect that reason for the rise of BRICS and The Great Bifurcation of the global economy is that important and influential individuals in the relevant nations did the math and realized that debt is, at best, a good way to lose everything you own, and at worst, a form of legal slavery. Debt can take down even the largest, oldest companies literally overnight; imagine what it can do to entire nations that find themselves awash in it and vulnerable to physical foreclosures.

Anyhow, read the book, and then focus on what you can do to ensure that when the credit system crashes, either naturally of its own weight or as a result of economic warfare, you do not find yourself stripped of everything you need to survive. And don’t forget that money in the bank is not savings, but rather, debt that the bank owes to you, and which will not be repaid in the event of a bank failure.

It’s true that a lot of economic pessimists, including me, have missed out on tremendous opportunities over the last forty years. However, it is very healthy to live modestly and below one’s potential means, and the probabilities that the Clown World system is coming to an end have never been higher.

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Merry Christmas

In those days Caesar Augustus issued a decree that a census should be taken of the entire Roman world. This was the first census that took place while Quirinius was governor of Syria. And everyone went to their own town to register.

So Joseph also went up from the town of Nazareth in Galilee to Judea, to Bethlehem the town of David, because he belonged to the house and line of David. He went there to register with Mary, who was pledged to be married to him and was expecting a child. While they were there, the time came for the baby to be born, and she gave birth to her firstborn, a son. She wrapped him in cloths and placed him in a manger, because there was no guest room available for them.

And there were shepherds living out in the fields nearby, keeping watch over their flocks at night. An angel of the Lord appeared to them, and the glory of the Lord shone around them, and they were terrified. But the angel said to them, “Do not be afraid. I bring you good news that will cause great joy for all the people. Today in the town of David a Savior has been born to you; he is the Messiah, the Lord. This will be a sign to you: You will find a baby wrapped in cloths and lying in a manger.”

Suddenly a great company of the heavenly host appeared with the angel, praising God and saying, “Glory to God in the highest heaven, and on earth peace to those on whom his favor rests.”

When the angels had left them and gone into heaven, the shepherds said to one another, “Let’s go to Bethlehem and see this thing that has happened, which the Lord has told us about.”

So they hurried off and found Mary and Joseph, and the baby, who was lying in the manger. When they had seen him, they spread the word concerning what had been told them about this child, and all who heard it were amazed at what the shepherds said to them. But Mary treasured up all these things and pondered them in her heart. The shepherds returned, glorifying and praising God for all the things they had heard and seen, which were just as they had been told.

Merry Christmas!

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They Fear the C-word

It’s fascinating to see the NFL attempt to erase the C-word from its broadcasts during the Steelers-Bengals game. Everything is “holiday” and there was even a little “Mike Tomlin has Festivus grievances” vignette that was even lamer than it sounds. There were a handful of references in the ads, but even there, they were few and far between despite the fact that nearly every ad was Christmas-themed.

Only the broadcasters actually said “Christmas”, for which they were presumably disciplined later.

Corporate America sold its soul to the Devil and it observably hates and fears Jesus Christ, as well as Christians and the spirit of Christmas.

This shouldn’t outrage us, rather, it should encourage us beyond all measure. The wicked fear even the merest mention of the child in the manger. How much more must they fear the full majesty of the King of Kings!

Merry Christmas Eve, everyone!

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Questionable Sushi

China suspended all imports of Japanese fish after the Japanese government permitted the release of more than one million metric tons of treated radioactive waste water from the destroyed Fukushima nuclear plant into the sea.

Chinese seafood imports from Japan have plummeted following Beijing’s ban on marine products from its neighbour in response to the discharge of wastewater from the Fukushima Daiichi nuclear power plant. Imports fell by 67% in August from the same month a year earlier, to about ¥3bn ($20.2m), the public broadcaster NHK said, citing data from Chinese customs. The decision by Beijing and Hong Kong to suspend all imports of Japanese marine products in late August has sparked a diplomatic row and a rise in anti-Japanese sentiment in China.

Maybe, just maybe, they had reason…

Thousands of tons of dead sardines, mackerel wash ashore in northern Japan.

Mystery surrounds the phenomenon of tons of dead fish that were washed up on a beach in northern Japan last week. Sardines and mackerel were washed ashore in Hakodate on Japan’s northernmost main island of Hokkaido on Thursday morning, creating an unsettling sliver blanket that covered almost a mile of shoreline.

Marine biologists have concluded that a lack of oxygen in the water may have killed the fish. The first theory is that the fish were being hunted by predators and were herded into the shallow bay by the village of Toi, where the huge numbers of fish quickly consumed all the available oxygen in the water.

An alternative explanation is that the fish encountered a sudden pocket of significantly colder water on their migration route, which weakened them.

It is, indeed, a mystery.

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The Collapse of the Coalition

Even Clown World’s European satrapies are beginning to refuse to go along with the USA’s desperate attempts to shore up the edges of empire:

Australia is the latest country to reject a request from the United States to send warships to the Red Sea under the command of the Pentagon’s Operation Prosperity Guardian to protect commercial vessels along the critical maritime trade route from Iran-backed Houthi.

Defense Minister Richard Marles told Sky News that Australia’s military would not send a “ship or a plane” to the Red Sea but would triple the number of troops for the US-led maritime force. “We need to be really clear around our strategic focus and our strategic focus is our region,” Marles said.

The Pentagon’s formation of Operation Prosperity Guardian, a new task force to protect shipping from Houthi drone and missile attacks in the Bab Al-Mandeb Strait and the Red Sea, requires increased warship patrols by the US and allies. This will create a security umbrella over commercial vessels to defend from attacks.

Reuters said about twenty countries have signed up for the Pentagon’s new operation. However, several countries, including Australia, Spain, Italy, and France, have rejected the Pentagon’s request to participate in the operation.

These coalitions usually aren’t more than diplomatic cover for US troops, but in this case, the involvement of the lesser navies is actually necessary in the hopes of preventing the Houthis from sinking a US warship and thereby revealing the naked state of the US military. These hopes were always futile, however, since it’s pretty obvious that while Hezbollah, Iran, Russia, and China are all being cautious about directly attacking US military assets without the benefit of US camouflage – such as the Rangers and Patriot missile teams in Ukraine, for example – the Houthis appear to be very nearly ready to take on all comers as the Taliban.

None of this is happening by accident. The unrestricted and asymmetrical nature of the conflicts popping up one by one around the world, combined with China’s apparent quiescence, is very much in keeping with the geopolitical strategy laid out 24 years ago by the Chinese military. The fact that the neoclown strategists are keeping at least one very wary eye on China, despite its seeming lack of involvement in any of these conflicts and close calls from Gaza to Georgia, tends to suggest that the imperial advisers are well aware of this.

It may be another decade of this death-by-one-thousand-cuts warfare before China bestirs itself to openly challenge the Empire. Or it may only be a few more months before one or another of the various fronts that have been opened collapses. But regardless, it is eminently clear that we are witnessing the fall of an empire that has been in decline since 1973.

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