Multipolar Chaos, by Robert Gore

chaos-engineering

Meet the new boss, same as the old boss.

The Russian Central Bank recently announced that until the end of June, it stands ready to buy gold for rubles at the exchange rate of 5000 rubles per gram of gold. The move has been hailed as revolutionary, heralding a regime change from fiat currencies. If only that were true.

It would be revolutionary if the Russian Central Bank made a two-way market in rubles and gold. Sellers of gold to the central bank will get back rubles, but no one can exchange rubles for gold. The ruble will still be a fiat currency. A central bank or government that sold gold for its own currency at a fixed rate would be returning to the gold-exchange standard, which prevailed in many nations during much of the 1800s and early 1900s. Right now, such a move would be so revolutionary it would upend the global financial order.

A reminder: Government and Central Bank-Led Revolutions is a book whose thickness is measured in nanometers. Traditionally, revolutions are directed against them. Under a gold-exchange standard, you don’t need a central bank, which is why monetary bureaucrats hate it. You need a gold repository and someone to print the gold-backed currency. Politicians hate it because they can’t spend currency they and their central-bank flunkies have wished into existence. If they had to spend real money—gold or silver—it would be bye-bye welfare and warfare states, and they would be the inconsequential hacks they’re supposed to be.

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Since the end of the gold-exchange standard, during the reign of central banks and bankers, we’ve had two world wars (and the third may have begun), a massive transfer of resources from the productive to the unproductive, and a proliferation of government promises that will never be kept. Cheap credit has promoted private indebtedness, kept zombies companies alive, blown up asset bubbles, and diverted economic activity from production to finance.

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Obama Encourages Americans To Pause This Memorial Day To Remember The Sacrifice Of George Floyd

From The Babylon Bee:

https://babylonbee.com/news/obama-encourages-americans-to-pause-this-memorial-day-to-remember-the-sacrifice-of-george-floyd

Shouldn’t Hillary Clinton Be Banned From Twitter Now? By Matt Taibbi

Russiagate has been a lie from day one and Clinton knew it. Yet, not a Russiagate or Hillary Clinton tweet has been banned from Twitter. From Matt Taibbi at taibbi.substack.com:

Trial testimony reveals Hillary Clinton personally approved serious election misinformation. Is there an anti-Trump exception to content moderation?

Last week, in the trial of former Clinton campaign lawyer Michael Sussmann, prosecutor Andrew DeFilippis asked ex-campaign manager Robby Mook about the decision to share with a reporter a bogus story about Donald Trump and Russia’s Alfa Bank. Mook answered by giving up his onetime boss. “I discussed it with Hillary,” he said, describing his pitch to the candidate: “Hey, you know, we have this, and we want to share it with a reporter… She agreed to that.”

In a country with a functioning media system, this would have been a huge story. Obviously this isn’t Watergate, Hillary Clinton was never president, and Sussmann’s trial doesn’t equate to prosecutions of people like Chuck Colson or Gordon Liddy. But as we’ve slowly been learning for years, a massive fraud was perpetrated on the public with Russiagate, and Mook’s testimony added a substantial piece of the picture, implicating one of the country’s most prominent politicians in one of the more ambitious disinformation campaigns we’ve seen.

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Countdown To World Famine, by MN Gordon

Almost anything can happen as a result of the Ukraine-Russia war but one thing that’s almost certain to happen is a shortage of food. From MN Gordon at economicprism.com:

The latest iteration of the Russia-Ukraine war recently surpassed the 90 day marker.  And there’s no foreseeable end in sight.

Henry Kissinger’s counsel at the World Economic Forum this week that Ukraine give up territory to Russia is a nonstarter for Volodymyr Zelenskyy.  This war has only just beginning.

Do you remember what the fighting is for?  If so, you’re one of few.

President Biden – the big guy – is entirely flummoxed.  This week, at the Quad summit in Japan, Biden remarked that the Russian war against Ukraine was “unprovoked.”  Once again, a firm grasp of the facts is not one of Biden’s strong suits.

Vladimir Putin, the invader, has over two decades of provocations he can point to.  According to declassified U.S., Soviet, German, British, and French documents posted on December 12, 2017, by the National Security Archive at George Washington University, the U.S. promised to not expand the North Atlantic Treaty Organization (NATO):

“U.S. Secretary of State James Baker’s famous ‘not one inch eastward’ assurance about NATO expansion in his meeting with Soviet leader Mikhail Gorbachev on February 9, 1990, was part of a cascade of assurances about Soviet security given by Western leaders to Gorbachev and other Soviet officials throughout the process of German unification in 1990 and on into 1991.”

Yet, instead of maintaining the status quo, NATO has greatly expanded eastward towards Russia’s border.  Russia considers the expansion of NATO to be a direct military threat.  The Russian government also doesn’t like the U.S. conducting regular military exercises in countries bordering Russia for over 20 years.

Now, after 90 days of war, anything, including WWIII, can happen…

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The WHO’s Pandemic Treaty, by Aaron Kheriaty, M.D.

The World Health Organization wants to be the medical dictator of the world by 2024. With the proposed revisions to their International Health Regulations, all the WHO need do to assume global control is declare a pandemic. From Aaron Kheriaty, M.D. at aaronkheriaty.substack.com:

The WHO recently announced plans for an international pandemic treaty tied to a digital passport and digital ID system. Meeting in December 2021 in a special session for only the second time since the WHO’s founding in 1948, the Health Assembly of the WHO adopted a single decision titled, “The World Together.” The WHO plans to finalize the treaty by 2024. It will aim to shift governing authority now reserved to sovereign states to the WHO during a pandemic by legally binding member states to the WHO’s revised International Health Regulations.

In January of 2022 the United States submitted proposed amendments to the 2005 International Health Regulations, which bind all 194 UN member states, which the WHO director general accepted and forwarded to other member states. In contrast to amendments to our own constitution, these amendments will not require a two-thirds vote of our Senate, but a simple majority of the member states. Most of the public is wholly unaware of these changes, which will impact the national sovereignty of member states.

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In Stunning Shift, WaPo Admits Catastrophic-Conditions, Collapsing-Morale Of Ukraine Front-Line Forces, by Tyler Durden

The propaganda narrative about Ukraine is crumbling. From Tyler Durden at zerohedge.com:

With Russia’s war in Ukraine now in its fourth month, mainstream media consumers have been treated to seemingly endless headlines and analysis of Russia’s extensive military losses. At the same time Ukrainian forces have tended to be lionized and their battlefield prowess romanticized, with essentially zero public information so far being given which details up-to-date Ukrainian force casualties, set-backs, and equipment losses.

But for the first time The Washington Post is out with a surprisingly dire and negative assessment of how US-backed and equipped Ukrainian forces are actually fairing. Gone is the rosy idealizing lens through which each and every encounter with the Russians is typically portrayed. WaPo correspondent and author of the new report Sudarsan Raghavan underscores of the true situation that “Ukrainian leaders project an image of military invulnerability against Russia. But commanders offer a more realistic portrait of the war, where outgunned volunteers describe being abandoned by their military brass and facing certain death at the front.”

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The Globalists’ Race Against Time, by Eamon McKinney

The world just refuses to move in lockstep with the globalists’ plans. To the globalists, that stems from flawed people, not flawed plans. From Eamon McKinney at strategic-culture.org:

A Great Reset will happen, just not the one intended by the Globalists. They may have to settle for the Great Decoupling instead.

The green economy, de-industrialisation, digital health passports, Central Bank digital currencies, these are all core components of the Globalists’ plan for the Great reset. The WEF has painted a picture of their proposed future via Klaus Schwab and his acolytes. “We will have nothing, own nothing and be happy”. The main obstacle to this grand vision is that not surprisingly very few countries wish to go along with it. The Globalists know their game is coming to an end and the Great Reset is their way of ensuring that the same financial cabal that has brought the world to its current lamentable state will continue to rule over all in the next world order. The most prominent objectors to this insidious plan are of course Russia and China. Unlike their western counterparts both have strong leaders who enjoy popular support, have strong economies and are optimistic about future prospects for growth. Neither intends to sacrifice their countries so that Western elites can maintain their control over the Global economic system and impose their self-serving will on weaker nations. Which in its simplest terms is why both countries need to be destroyed, at least economically before the Great Reset can be imposed on the world. Time, however, is not on the Globalists’ side, recent events have demonstrated that they are aware of this and are accelerating their timelines.

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Doug Casey on What the Elites at Davos Are Really Up To

How the people who rule the world intend to rule the world. None of their plans are particularly appealing to those interested in furthering the cause of freedom. From Doug Casey at internationalman.com:

Doug Casey Davos

International Man: It’s that time of the year when a bunch of out-of-touch, self-anointed elites gather at the World Economic Forum in Davos, Switzerland.

It’s where they discuss the big issues of the day. The most influential world leaders attend, as do the CEOs of the largest companies, leaders in the mainstream media, and top academics. Central bankers attend too, along with a wide assortment of celebrities.

What do you make of Davos and the people who attend it?

Doug Casey: Davos is an “invitation only” event for the “elite.” The usual suspects, and almost uniformly horrible people. These people form a subculture. They’re all members, or hangers-on, of various Deep States. They prefer to associate with other people they consider to be peers. If it turns out you don’t share their worldview, you won’t get invited back.

It’s basically a love fest for the international ruling class. They like to get together, hang out, and schmooze, because they all know about each other, even if they don’t know each other personally. Talking about “important” issues with other “important” people gives meaning to their lives. That’s the essence of what goes on at Davos and similar conclaves.

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What do Oklahoma and Portugal have in common? Not much, besides mRNA vaccine failure, by Alex Berenson

At least Oklahoma and Portugal are actually reporting their data. New Mexico has stopped. From Alex Berenson at alexberenson.substack.com:

Meanwhile, New Mexico makes bad numbers disappear the easy way, by ending reporting

Last year, Portugal was the boss of bosses when it came to mRNA vaccines.

Ask everyone’s favorite newspaper of record, The New York Times:

KEEP POLITICS OUT OF IT, YOU HEAR ME?

Given Portugal’s long history of fascism, keeping politics out of it was probably a good idea. But I digress. Virtually no one left to vaccinate. Wow. Portugal must be a Covid-free paradise these days!

Or maybe not:

Portugal has had multiple Covid waves since that Times article, and the new one is the biggest yet. The national health authorities are blaming it on yet another Omicron variant, BA.5, coming soon to a highly mRNA jabbed state or country near you.

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Is America the Real Victim of Anti-Russia Sanctions? By Arnaud Bertrand

The West’s sanctions of Russia are going to go down in history as one of the great instances of geopolitically shooting yourself in the foot. From Arnaud Bertrand at tabletmag.com:

By misjudging the size and importance of Russia’s economy, the West might have taken steps toward its own isolation

Robert Gauthier/Los Angeles Times via Getty Images

Robert Gauthier/Los Angeles Times via Getty Images

Remember the claims that Russia’s economy was more or less irrelevant, merely the equivalent of a small, not very impressive European country? “Putin, who has an economy the size of Italy,” Sen. Lindsey Graham, R-S.C., said in 2014 after the invasion of Crimea, “[is] playing a poker game with a pair of twos and winning.” Of increasing Russian diplomatic and geopolitical influence in Europe, the Middle East, and East Asia, The Economist asked in 2019, “How did a country with an economy the size of Spain … achieve all this?”

Seldom has the West so grossly misjudged an economy’s global significance. French economist Jacques Sapir, a renowned specialist of the Russian economy who teaches at the Moscow and Paris schools of economics, explained recently that the war in Ukraine has “made us realize that the Russian economy is considerably more important than what we thought.” For Sapir, one big reason for this miscalculation is exchange rates. If you compare Russia’s gross domestic product (GDP) by simply converting it from rubles into U.S. dollars, you indeed get an economy the size of Spain’s. But such a comparison makes no sense without adjusting for purchasing power parity (PPP), which accounts for productivity and standards of living, and thus per capita welfare and resource use. Indeed, PPP is the measure favored by most international institutions, from the IMF to the OECD. And when you measure Russia’s GDP based on PPP, it’s clear that Russia’s economy is actually more like the size of Germany’s, about $4.4 trillion for Russia versus $4.6 trillion for Germany. From the size of a small and somewhat ailing European economy to the biggest economy in Europe and one of the largest in the world—not a negligible difference.

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Livelihoods in a Degrowth Economy, by Charles Hugh Smith

Things are going to get a lot tougher out there. From Charles Hugh Smith at oftwominds.com:

The sooner we start preparing for degrowth, the better off we’ll be. A Chinese proverb captures this succinctly: By the time you’re thirsty, it’s too late to dig a well.

Let’s consider livelihood options in an unsustainable economy of extremes that are unraveling, an economy that is being forced to transition to Degrowth.

Nassim Taleb’s book Antifragile explains the differences between fragile systems (systems that cannot survive instability), resilient systems (systems that can survive instability and stay the same) and antifragile systems (systems that adapt and emerge stronger).

The ideal way of life is antifragile: resilient enough to survive adversity and adaptable enough to evolve solutions to whatever comes our way.

The key antifragile traits are adaptability and rapid, flexible evolution. Adversity puts selective pressure on organisms: only those organisms which adapt successfully survive.

The more antifragile our livelihood and way of life, the better prepared we will be to recognize and pursue opportunities.

An unsustainable, unstable economy puts a great deal of pressure on its participants. Only those with the skills and agency to move, adapt and experiment will emerge stronger.

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