Economics, Monetary reform, Policy, Politics, Real life, Social development

Policy: economic growth or quality of life?

Published on my Substack, 7 Dec. 2022.

It goes without saying that the key policy objective of fiscal and monetary authorities the world over is to achieve and sustain economic growth. This imperative is ultimately the by-product of the fraudulent monetary system we’ve had in place for several centuries now. In that time, the system has shaped and distorted economic and social policy, economic theory, cultural norms and even the way we think of ourselves.

But living under this system has been a relatively recent socioeconomic experiment. It has proven highly flawed, unsustainable and even pathogenic. At present, it is in an irreversible decline, and it is incumbent upon our generation to rethink and reimagine how to build the future, as even the Davos set claims we must. But we cannot hope to solve society’s problems unless we diagnose the problems correctly.

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Eurasia, Monetary reform, Politics, Social development

A report from the Eurasian Integrations conference

At the end of October I travelled to Baku, the capital of Azerbaijan located on the western shore of the Caspian Sea. I went there to speak at the XV Verona Eurasian Economic Forum held on the 27 and 28 October 2022. I found a few things about this experience quite remarkable. For one thing, Azerbaijan was never on my bucket list of places to visit, so I was very pleasantly surprised with what I saw there – so much so that I put together an impromptu video postcard you’ll find below in this post.

The conference itself was superb, both in terms of the program and in terms of the caliber of its participants, among them the former Italian Prime Minister Romano Prodi, Russia’s Integrations and Macroeconomics Minister Sergey Glazyev and many high-level executives from central banks, commercial banks, industry, research institutions and media. Participants came from Russia, France, Germany, India, China, United States, Turkey, Azerbaijan as well as many other Eurasian nations. As far as I know, I was the only participant from Croatia.

The content of the conference focused on the area’s economic development, banking and finance, evolution of the currency and payment systems, cryptocurrencies and crowdfunding; about infrastructure and social development, food production, and a very intelligent discussion about the role of technology in society. Quality of the deliberations was actually quite impressive. This wasn’t about possibilities of development in some distant future, but discussions about real solutions: elements of a new and improved operating system for society that are actually being developed and implemented even as you read these lines.

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Politics, War and peace

It’s done: realities of the hyper-transparent spy world

On Monday, 26 September 2022 someone blew up the Nord Stream pipeline system, built at Germany’s request, to deliver Natural Gas from Russia to Germany. For a number of reasons, some of which I articulated in the article, “Britain’s Secret Diplomacy and the European Wars,” I thought that Great Britain was probably the mastermind and one of the perpetrators behind the attacks. Again, not any legitimate British government organization, but some deep state networks within the British military and structures. I expressed this view in the podcast with Tom Luongo, published five days after the attacks.

This week, Russia’s Foreign Ministry and the Ministry of Defence revealed that Britain’s (then) PM Liz Truss sent a message to the US State Secretary Antony Blinken, saying “It’s done.”

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Central banking, Eurasia, Great Reset, Monetary reform, Politics, Social development, War and peace

The real war: People vs. the Banks

Recessions, debt, energy crisis, inflation and wars… somehow it is all related, and it is related at a global level, impacting nearly all economies and markets. It all seems to be going rather badly for the “rules based global order,” or as some prefer to call it, “the empire of lies.”

Shock, after shock, after shock…

Last week, on Oct. 6, Kristalina Georgieva, IMF’s Managing Director gave a speech at the Georgetown University in Washington where she explained that the global economy, which was expected to recover strongly after the Covid 19 pandemic, experienced a “shock, after shock, after shock” instead, that it is now experiencing a “fundamental shift,” and that this shift could create a “dangerous new normal.” Georgieva thinks this can only be mitigated by “countries working together.”

We’re winning in Ukraine! Or maybe we’re not.

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Energy crisis, Eurasia, Inflation, Policy, Politics

Will Germany sink the EU?

Beseiged from all sides, Germany can now look to one reliable partner: Russia.

Europe’s escalating economic, financial and geopolitical crises are putting increasing pressure on the whole EU project. They’re also unmasking the exalted “European unity” for the utter farce that it is. It’s become clear that like most other things in the empire of lies, that unity is exactly its opposite as allies turn against allies.

Destroying Germany’s economic lifeline

Someone blew up Nord Stream pipelines bringing in cheap, abundant natural gas from Russia to Germany. German economy depended on this resource for nearly 60% of its industrial production. As Zoltan Pozsar suggested, $2 trillion of German value depended on $20 billion of Russian gas.

We can’t be sure who blew up the pipelines,but the most likely suspects are all Germany’s supposed friends and allies: the US, UK, Poland, Sweden and Denmark. Of course, we are not talking about those nations’ legitimate government structures, but rather, the deep state elements within. One thing that is not in doubt however, is that Germany, not Russia, will sustain by far the greatest damage from the sabotage. That was fully well appreciated by all protagonists of this drama, implying that it was a deliberate and premeditated attack on Germany.

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Eurasia, History, Politics, War and peace

Britain’s secret diplomacy and the European wars

On Monday this week, Polish Foreign Minister Zbigniew Rau signed a diplomatic note and delivered it to the German Federal Foreign Office, formally demanding $1.3 trillion in war reparations for damages suffered by Poland during WW2. The sum – indubitably calculated by experts – represents a cool $15,500 per man, woman and child living in Germany today and over $34,000 per man, woman, and child living in Poland.

What’s going on? If you ever read E. D. Morel’s 1912 book, “Ten Years of Secret Diplomacy,” or more recent titles like Carroll Quigley‘s “Tragedy and Hope,” “The Secret Origins of the First World War” by Gerry Docherty and Jim Macgregor, or “Conjuring Hitler” by Guido Giacomo Preparata (in fact, many such titles have emerged over the last two decades), you may be familiar with the shockingly perfidious scheming of British secret diplomacy, perpetrated by a covert cabal within the ruling establishment. That secret diplomacy – kept secret primarily from the British people – has led to the last two world wars on the European continent. This was done deliberately and with premeditated intention to bring about both great wars.

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Uncategorized

Of empires and technology

Expansion of empires doesn’t advance by military power alone; it does so largely thanks to technological superiority. In fact, technological superiority might be the primary driver/enabler of imperial expansion. The power of the British Empire grew with the innovation and technological advances that enabled it to “rule the waves,” and also develop new, efficient processes of industrial production. Her ships were by far the fastest and most powerful in the world, which made her “gunboat diplomacy” irresistibly effective. This superiority had an important psychological, as well as PR effect which was in fact exercised in a calculated and deliberate way. Here’s an example:

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Uncategorized

Age of abundance is over? But where’d the abundance go?

​Upon returning from vacation at the end of August, French President Emmanuel Macron had a public appearance before his cabinet ministers, warning them that the age of abundance in a care-free world was over: “Some could see our destiny as being to constantly manage crises or emergencies. I believe that we are living through a tipping point or great upheaval. Firstly, because we are living through… what could seem like the end of abundance…” Macron added that, “This overview that I’m giving – the end of abundance, the end of insouciance, the end of assumptions – it is ultimately a tipping point that we are going through that can lead to our citizens to feel a lot of anxiety.” Last week, the CEO of Double Line funds, Jeffrey Gundlach reaffirmed Macron’s warnings. Well, if we’ve reached the end of abundance, where did the abundance go? Did we really exhaust it, and how can that even be possible in today’s highly productive technological societies? I believe that both Macron and Gundlach are wrong. Abundance never went anywhere and we did not exhaust it. It is in fact all around us.

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Great Reset, History, Liberty, Politics, Tyranny

Trump, China and the emerging reign of terror

Commenting about Nancy Pelosi‘s provocative recent visit to Taiwan in my last week’s article I questioned the point of provoking an unwinnable conflict against China:

But what could be the point of provoking China? Do American Congressmen, think tanks and sundry Admirals and Generals think they can defeat China? Obviously, they can’t possibly think that, they just spent 20 years trying to defeat the Taliban in Afghanistan and failed. Even the Pentagon’s own war simulations came to the conclusion that their Pacific fleet would be destroyed in short order in a war against China. So the risks are clear. What benefits could possibly justify taking such risks?

The important bit to realize here is that the primary target of the war against China would not really be China. It would be the American people. The shiny new world war in the Pacific would deflect people’s attention from the metastasizing crises at home, redirect people’s anger at a foreign enemy and for the same high price also provide the ideal smokescreen for a radical crackdown on dissent against the racists, nazis, enemy sympathizers, deplorables, domestic extremists, insurrectionists and all other kinds of thought criminals. As James Madison warned us, “If tyranny and oppression come to this land, it will be in the guise of fighting a foreign enemy.”

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Liberty, Policy, Politics, Tyranny, War and peace

War on China: the real target are the American people

As I write these lines, the US House of Representatives speaker Nancy Pelosi is apparently en route to Taiwan in what can only be described as a calculated, gratuitous provocation of China. The “normies” will surely protest that Pelosi has the right to visit other democratical nations, bla, bla, bla. For the record, Taiwan is part of China, not an independent nation – even according to the official US government position. But that nonsense is the same kind that was applied to Ukraine: she had the right to join any military alliance she wanted, it’s about freedom, democracy, our values, etc…

Western think tanks have been predicting a war with China war for many years now as though it were an inevitable outcome, a future set in stone. In September 2016, the Atlantic Council published a report predicting a world “marked by the breakdown of order, violent extremism and an era of perpetual war.” The designated enemies of course are Russia and China. Two years later, a bipartisan Congressional panel published a lengthy report “Providing for the Common Defense,” which argued that the USA needs to prepare for devastating wars against the two resurgent powers. Nowhere in this document is there any suggestion that such a war ought to be avoided, and apart for the brief four years of the Trump administration, the US leadership has consistently worked to build up tensions rather than diffuse them. Then, in February 2021 Admiral Charles Richard who heads US Strategic Command called on the nation’s military and civilian leaders to seek new ways to face threats by Russia and China, including the “real possibility” of nuclear conflict. Why? Because Moscow and Beijing have “begun to aggressively challenge international norms.”

One nation started 80% of all wars since 1946

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