The Weekly Watch

Sanction Insanity

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A study finds that the sanction regime often prolongs conflicts, collectively punishes whole populations and hinders third-party humanitarian efforts. Sanctions imposed by the US are nothing but war by other means. Ironically US sanctions are backfiring as nations dump the dollar and trade in their own currency...$114,500,000,000 in US Treasuries Dumped By China and New BRICS Member Saudi Arabia. All as US debt soars to the point that just interest payments are a trillion dollars a year and going higher.

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“Iran’s reluctance to re-enter the 2015 nuclear deal after the US reneged on its promises of sanctions relief three years later is an example of this dynamic,” the study reported. “Iranian negotiators feared that the benefits of any deal involving sanctions relief would be short-lived given the risk that a future president might exit the agreement once again.”

Rather than promoting peace, human rights and democracy, US sanctions often achieve the opposite. That’s why many countries are trying to work around them, including banding together such as through Brics to de-dollarise.
...
A 2021 internal review by the US Treasury department found that the use of sanctions jumped by nearly 1,000 per cent between 2000 and 2021. In his second year in office, President Joe Biden sanctioned 2,500 new groups and individuals, almost double those of the Trump administration at the peak in 2018 – at 1,474 – and four times as many as the Obama administration at its zenith in 2016 – at 695. Almost one in four countries are sanctioned by the US in one form or another, affecting almost a third of the global economy. “Wary of the costs of heavy military engagements, [Washington] still tended to view sanctions as a muscular but low-cost and low-risk means of crisis management,” the report wrote.

https://www.scmp.com/comment/opinion/article/3233259/sanctions-imposed-u...

Sanctions are a form of war, but really all wars seem to revolve around the control of money...

ALL Wars are Banker's Wars (40 min) Nothing really new here, but it ties it all together very well.
For those who prefer to read, click here. and for more on banker behavior, click here.

Next is a war on the people using money... (30 min)

CBDCs Will Be Forced Upon Us Within Two Years, Here’s Their Master Plan Warns Andy Schectman (30 min)
“You create this event where the dollar were not clinging to the privilege of the world reserve’s currency,” says Andy Schectman, president and CEO of precious metals investment management company Miles Franklin. He claims that the U.S. government deliberately incentivizes de-dollarization to let the system collapse and reset in order to ease off the insurmountable debt issue. “We have $5 trillion in assets backing $155 trillion in debt... Forty percent of our assets are student debt,” he says. Additionally, he says the price of gold performs lower than it should because the Western system has suppressed the precious metal's price for a long time in order to support a bond market. “Gold is the antithesis of the Western system,” he argues.
00:00 BRICS nations and their alliance
4:42 Energy dominance of BRICS countries
8:57 U.S. dollar
11:40 CBDCs
14:40 Weaponizing 'King Dollar'
19:40 Is the U.S. Incentivizing De-Dollarization?
25:23 Heading Towards a Great Reset
28:28 Is it Tough to Bet on Gold Now?
30:00 Gold is the Antithesis of the Western System

Another history lesson explaining our current events with Jeffery Sachs...

US efforts to strangle China & reassert hegemony - Jeffrey Sachs, Alexander Mercouris & Glenn Diesen (67 min)

I saw this on YT this week and looked for it to post in the WW, but YT has eliminated the channel. The censorship industrial complex is alive and well... Fortunately there's Rumble.
Russia, China, Africa: Western Foreign Policy Failures (57 min)
In this week’s episode of the New Rules podcast, host Dimitri Simes Jr. speaks with Jeffrey Sachs, Columbia University economist, about the failure of Western sanctions on Russia, the truth state of the Chinese economy, and Africa’s struggle against European neocolonialism.

Others have featured the excellent conversation with Jeffery and the judge. Worth your time if you missed it.

One more from Jeffery Sachs...

The US Covert and Overt Operations | Jeffrey Sachs (19 min)

I've become a fan of former British ambassador Alastair Crooke

The World is Shifting: Russia, North Korea, China, Ukraine (25 min)

Sanctions often lead to hot wars. The proxy war against Russia in the Ukraine isn't going well for the west. However, at least publicly they won't admit it.
Collective west refuses to admit Ukraine offensive has failed (30 min)

CIA Analyst Ray McGovern and Scott Ritter talk about Russia and Ukraine (14 min)

Watch the full video here

An Endgame for the Ukrainian War w/ John Mearsheimer, Alexander Mercouris and Glenn Diesen

An 80 min discussion. Mearsheimer's article Bound to Lose

Sanctions are de-industrializing Germany and Europe...
German deindustrialization accelerates (18 min) with The Duran.

Take a look at Argentina's financial disaster. No wonder they jumped at a chance for BRICS+ membership.

Tucker takes us to a black market currency dealer. (18 min)

China
As if Russia isn't enough to tackle, here we go pushing a war with China.
Manufacturing Consent: The New York Times & the Media’s Anti-China Frenzy (17 min)
The New York Times is running frequent headlines seemingly aimed at stoking an anti-China frenzy, including most recently, “China to Its People: Spies Are Everywhere, Help Us Catch Them.” Amanda Yee, an Editor of LiberationNews.org and host of the podcast @RadioFreeAmanda joins the show to discuss the NYT’s history of promoting war both past and present.

Carl Zha on Huawei, 'Chinese Spies' and Chinese economy on Redacted (20 min)

Carl Zha talks to @RedactedNews about Huawei breakthrough with its latest 5G phone Mate60 Pro how it bust the strict US tech sanction on Huawei and China; So-called "Chinese spies" gate crashing US military site, state of Chinese economy and Military cooperation between Russia, China and North Korea
00:00 Intro
01:07 Huawei phone breakthru
06:46 "Chinese Spies"
08:53 Chinese economy update
13:27 Future of US-China ties
15:54 Russia-China-DPRK Military Drill
Carl does a great job explaining how they used the last generation of chip making machines to make a new generation chip. He is also realistic about China's current economy.

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Sanctions here and sanctions there...failing efforts to impose US hegemony on other sovereign countries. However, what we export comes home to roost. Just consider the storm trooper police we see in America today...peace keepers? No, enforcers. The idea of hitting the streets to reform or even revolt seems as futile as Ukraine's counter offensive.
Imagine their control with CBDC. They will use them to sanction and control us. You bought too much meat, or gas, or foreign products...your account is frozen until further notice. No need for firing a shot. They will use money.
Will COVID play a role in the release of CBDC in the US and elsewhere? You'll catch COVID from the bills. (Which like most COVID advice isn't true). Additionally, I suspect they'll use a UBI. Convert to CBDC and you'll receive a pittance of money worth ever less and less like in Argentina. Folks ain't gonna turn down free money in whatever form. We'll walk right into the trap.
So, we live in interesting times. We're witnessing a changing of the global guard as the US/Western empire continues to degrade and the new multipolar world emerges. Jeffery Sachs at the end of his Duran conversation compares his approach to Mearsheimer's view of the inevitability of conflict and war over global dominance. Jeffery contrasts that with China's approach of trade and cooperation. We should see who is correct within the next decade.
I hope you're all doing well, and are having a bit of fall weather. It's 60 F this morning here. As always I look forward to your thoughts, stories, and ideas below.

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Comments

Sanctimonious sanctions indeed. This national debt debacle is destroying the value
of the dollar, seemingly on purpose by the money monsters. And the ploy extends to
the other western players. We are old enough to remember the value of a buck 50
years ago. But the incremental devaluation my not be as noticeable to younger folks.

Enjoying cool and clear weather today since Lee left. Now to fire-up the chainsaw.

Thanks for the WW. Enjoy your Sunday all.

P.S. getting a 404 notice at the Automatic Earth site this AM ??

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Lookout's picture

@QMS

getting a 404 notice at the Automatic Earth site this AM

Hopefully site maintenance.

We've got plenty of firewood right now, mostly from stuff we had to clean up anyway. Be careful with your saw, and enjoy your nice weather. We are.

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“Until justice rolls down like water and righteousness like a mighty stream.”

@Lookout

the chainsaw massacre was about cutting down the fallen limbs so we
could drag them out back and add to the pile. I am careful of the saw.
Wear shoes and everything. Wink

This circle game with the bankers and generals is pretty obvious.
Wall Street extracts money and Pentagon makes use of warring
to continue the 'endless war' cash cow to fill their funds.

I believe this is why the world is turning to the BRICS model.
If 40% of the world is being sanctioned, it follows that 40% of
the world would try to protect themselves from the
WEF (western economic f*cking) by developing an alternative.

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Lookout's picture

@QMS

...it is round and round the circle game. Ring around the dollar, makes me want to holler.

I got a bargain on a battery powered chain saw at trade day. Works good on little things, but takes the gas saw to handle bigger trees. Either way, you have to be careful running any type of saw.

Take care and enjoy your day!

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7 users have voted.

“Until justice rolls down like water and righteousness like a mighty stream.”

wish to have the difference betwixt
the Dems and Repubs laid out
in basic detail Dissident Voice has
an article up by Bruce Lerro that
pretty much excoriates the lote
voting fallacy

a thought occurred to me(WHAT?!?)
after reading the ww that we now
have a Pundit Industrial Complex
that has sprung up to keep us
Occupied with knowing but
not Doing.

and yeah its All planned out
i’m That ct’d

404 for tae here as well
dr D comments probably
a little too much truth

excellent ww lo
consistent high quality is tough
well done sir

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Ya got to be a Spirit, cain't be no Ghost. . .

Explain Bldg #7. . . still waiting. . .

If you’ve ever wondered whether you would have complied in 1930’s Germany,
Now you know. . .
sign at protest march

Lookout's picture

@Tall Bald and Ugly
This weeks piece was slow in gelling, but finally came together. Money ownership became the commentaries repeated message and theme. How curious it revolves around pieces of paper. That in fact is the shift... toward commodities and resources. It is in transition.

Hang on it's gonna be a wild ride.

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“Until justice rolls down like water and righteousness like a mighty stream.”

@Tall Bald and Ugly @Tall Bald and Ugly and it is so spot on. Democrats just suck.
I wish I could get my Blue No matter Who pals to read it, but it would end decades long close friendships.
edit: typos from outer space

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"We'll know our disinformation program is complete when everything the American public believes is false." ---- William Casey, CIA Director, 1981

ggersh's picture

good work mate!!

AE worked for me, no error message was seen!

https://www.theautomaticearth.com/2023/09/debt-rattle-september-17-2023/

So after that comes this

And yesterday from NC, just imagine this happening with an
amerikan company....ROFL

And why China has no qualms with the UK, but the UK
only wants war w/China....those leading the CW are nothing
but psychopaths

Plus snoopydawg asked me to post this for her
she thought it was so good so post it as many
times as possible for it to be seen be the 99%

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I never knew that the term "Never Again" only pertained to
those born Jewish

"Antisemite used to be someone who didn't like Jews
now it's someone who Jews don't like"

Heard from Margaret Kimberley

Lookout's picture

@ggersh

I forgot to hit reply, sorry.

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“Until justice rolls down like water and righteousness like a mighty stream.”

Lookout's picture

Worker owned.

The Maine senator's statement is excellent. Thanks for posting it as well as the other tweets.

Autoearth is now working for me too. Many sites use Sun AM for maintenance. Always a fun read with great memes like:
Screenshot 2023-09-17 at 11-06-35 Debt Rattle September 17 2023 - The Automatic Earth.png

Nice to "see" you this Sunday. Hope your weather is nice. We got 0.7" of needed rain yesterday.

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8 users have voted.

“Until justice rolls down like water and righteousness like a mighty stream.”

I'm having some second thoughts about Tucker. The first one is the item referenced, that is, the runaway inflation in Argentina and the abject poverty of the people in a nation which is far from poor in terms of natural assets.

Tucker is quite the showman but as most showmen, a bit disingenuous and misleading. Afterall, he can't present a topic which is too complicated. Not because of the lack of intellect in the audience, more in terms of trying to do a complex topic in a short sound bite.

When he is standing at the window doing the exchange, he doesn't address the fact that he has the problem in hand. The dollar in one and the Argentinian currency in the other. Due to some very colonialism and influence in the courts and elected bodies, Argetinian economic dealings are done in dollars. Dollars which have a value set by an external banking system.

I know we are very concerned about the fake inflation we feel, that is, the wanton printing of dollars with no regulatory controls, no concern for our nation's interests. Imagine a foreign nation suffering from its own inflation on one hand and dollars in the other. Other nations are feeling the exact same crunch. Ref Niger.

Time for an example, one near and dear to my heart as I watched it unfold. A very good friend who is very talented in engineering works for a private complany and makes a decent income. Because he is very busy, he let his wife do the finances. She had a degree in mathematics, does high school teaching. But... (isn't there always a great big but in front of you when facing life?) She spent on so many things which added little value to their home and activities... All put on a credit card, or three.

He got the awakening when he needed some cash for lunch and the debit was refused. The cards were all at the limit. It took a couple of years to get the finances in order and he had to suffer thru an expensive divorce and child support... yeah, calif.

Picture Argentina. The world bank is its spouse. BRICs is their only escape and it will be expensive. The first step is the divorce. I very seriously wish them well.

Let's move on to part 2 now. Tucker's next interview is with the man who wants so very much to be the leader and "save the country". Unfortunately he is knee deep in the Friedman, Chicago school, Austrian economic camp. I won't bother with the link or CV. BTW, our wonderful neolibcons pretend to be unbiased... Huh. Believe that and.... BTW, he has a number of very large dogs, cloned and nurtured, the lead is named Milton. He pretends to be a maverick and opposes the gov't. A real rebel.

Maybe Tucker's real persona is peeking out of the fog.

Be well, please.

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Lookout's picture

@exindy

For years I viewed Tucker as one of the enemy spouting misinformation. However, I began to have respect when still on FAUX news he interviewed RFK, showed Jan 6 footage, pro Assange commentary, and anti Ukrainian war messaging. He's a rich kid with class blindness no doubt, but he is presenting some truth.

At least he attempted journalism. The rest of the MSM just reads the teleprompter.
Edit to add - I didn't watch the clip beyond the currency story, but I don't know the trick to place an end point for the clip.

The story of your friend makes me appreciate my penny pinching partner for these many decades. The only money we borrowed was for our mortgage which we paid off in 6 years living close to the bone. Then we converted to saving. We had no kids so that made it easier for us than most.

Well take care and have a good day!

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“Until justice rolls down like water and righteousness like a mighty stream.”

enhydra lutris's picture

As usual, there's a ton of good information and thanks. I like the fact that they tried to bury the clownstrike admission that there was no hack and that we should get that word out. I especially like Ray McGovern's point that we/NATO don't fear an attack or else they wouldn't let themselves run low on artillery shells. That is a very powerful point.

be well and have a good one

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That, in its essence, is fascism--ownership of government by an individual, by a group, or by any other controlling private power. -- Franklin D. Roosevelt --

Lookout's picture

@enhydra lutris

hope it is going well. Lovely here today. High in the 70's. Yesterday's rain perked up all the vegetation.

America today reminds me of the Black Knight...(3 min)

All bluster I'm afraid. And we're going to take on Russia and China? Come on, man.

Thanks for dropping in!

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“Until justice rolls down like water and righteousness like a mighty stream.”

https://www.cnn.com/2023/09/17/world/north-korea-kim-leaves-russia-intl/...

North Korean leader Kim Jong Un received body armor and drones as parting gifts as he wrapped up a trip to Russia that has alarmed the West.

The send-off capped a rare, six-day visit that saw him hold talks with Russian counterpart Vladimir Putin, raising the possibility North Korea could provide Russia with weaponry to aid its invasion of Ukraine.

Kim travels little abroad and was given a lavish welcome, spending much of the trip visiting military sites. North Korea is heavily sanctioned and is in need of everything from energy to food to military technology.

As he left, the governor of the far eastern Russian region of Primorye gave him a bulletproof vest and a set of drones, Russian state media TASS reported.

“This is a body armor with protection zones for the chest, shoulders, throat and groin, and it is much lighter than its known analogs,” the state news agency added.

Kim was also presented with five kamikaze drones produced in the same region, as well as a Geranium-25 aircraft-type reconnaissance drone, TASS added. A set of special clothing that is invisible to thermal imaging cameras was an additional gift.

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@humphrey

to anything done in the world without DC approval
will probably be more sanctions

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Lookout's picture

@QMS

They possibly sanction NK or Russia. There's no more there there.

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“Until justice rolls down like water and righteousness like a mighty stream.”

Lookout's picture

@humphrey

a sword and shot glasses.
Screenshot 2023-09-17 at 16-49-52 Lavrov US waging war. WSJ counter offensive rain delay. Sahel alliance. Kadyrov alive. U_1 - YouTube.png

Pulled from a screen shot from Alex feed today.

The narrative that Russia needs NK for arms is ridiculous. As usual, it is the other way around. Plus I think Russia delights in rattling the West...can't blame him.

Thanks for the clip.

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“Until justice rolls down like water and righteousness like a mighty stream.”

soryang's picture

@humphrey @humphrey from Oh My TV
​[Notice] At around 6:55 a.m. today, CEO Lee Jae-myeong's health condition worsened, so the 119 ambulance and medical staff waiting nearby were called. At the time of transfer, CEO Lee's physical signs had not changed from the previous day, and he was showing symptoms such as dehydration. It seemed like he was in a state of confusion. Currently, CEO Lee has been transferred to Yeouido St. Mary's Hospital.

edit- posted in error earlier. I was distracted by this news. If he had been elected instead of Yoon, all this crap with North Korea could have been avoided.

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語必忠信 行必正直

soryang's picture

@soryang

...exchanged small arms as gifts before Vlad left. I understood them to mean rifles. I think I saw one you tube report that said rifles and pistols. So I wondered if Kim would give Putin one of these-

(Source- Channel A News Top Ten 9.27.18)

It's a design based on the Czech CZ 75 nine millimeter pistol. It appears to be chrome plated and hand engraved. It is said that the name Baektusan engraved in hangul on the frame is from Kim Il Sung's handwriting. The standard issue Baektusan pistol is issued to DPRK special forces.

Edit- screwed up this post when I first loaded it.

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語必忠信 行必正直

Man...you knocked it outta the park with this WW!
I have been busy most of the day, but take breaks to watch a video or read a link. Great info.
I hate/dread the CBDCs, but need as much information about it all to be as prepared as possible.
I hate/dread the threats of war with Russia and China, but I need to know what to expect in my near future. We all do. This is no time to bury our heads in the sand.
Well, we are having our first time grilling on this new propane grill we bought. Momument brand. Supposedly, it is highly rated. We shall see.
I have to ge busy, but hope to be able to read, watch, and learn some more this eening.
Thanks so much for creating this WW.

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"We'll know our disinformation program is complete when everything the American public believes is false." ---- William Casey, CIA Director, 1981

Lookout's picture

@on the cusp

It is always a learning curve with new equipment, but grilling is grilling.

The world is what it is. Better than a soap opera for sure. Plenty of drama and comedy in our clown world.

Thanks for coming by and your nice comment!

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“Until justice rolls down like water and righteousness like a mighty stream.”

studentofearth's picture

embrace of environmental movement as an economic necessity brought on by government debt.

ALL Wars are Banker's Wars in section 26:02-27:50.
summary
Aug 15, 1971 Ricard Nixon suspended conversion of gold for $35 in notes. It ended Bretton Woods and US lost ability to collateralize US debt with gold reserves.

Nixon founded the environmental movement to use public land to collateralize debt. EPA (Environmental Protection Area) and its various programs like Wilderness Zones, Roadless Areas, Heritage Rivers, wetlands and other little programs made vast areas of public lands off limits to citizens. The mineral resources could then be used as collateral on government loans.

The petrodollar was formalized shortly afterwards.

If true the question becomes - If US had to declare bankruptcy who is the creditor with first rights to the public lands?

Great Weekly Watch - thanks

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Still yourself, deep water can absorb many disturbances with minimal reaction.
--When the opening appears release yourself.

Lookout's picture

@studentofearth

I heard from David Stockman (I think ...from the Reagan admin) was his impeachment was a set up by the CIA because he was making peace with China and Russia and they had to get rid of him without another assassination.

the question becomes - If US had to declare bankruptcy who is the creditor with first rights to the public lands?

The banks of course.

Good to "see" you this evening!

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“Until justice rolls down like water and righteousness like a mighty stream.”

studentofearth's picture

@Lookout United Nations Security Counsel with veto power.

After reading from various sources still confused who actually initiated the change in relationship between US and People's Republic of China. It may have been Mao. Kissinger may have been following up on an invitation to improve relations.

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Still yourself, deep water can absorb many disturbances with minimal reaction.
--When the opening appears release yourself.

Lookout's picture

@studentofearth

Nixon in China which creates the narrative. However, some narratives can harbor very little truth. No doubt mending relations with China changed geopolitics.

Seems plausible that would displease the CIA and lead to a watergate set up (which after all was conducted by the CIA).

I like the sound of cutting back on the homestead chores. We're trying to find a way to transition to less maintenance too. Have a good week!

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“Until justice rolls down like water and righteousness like a mighty stream.”

@studentofearth it was Nixon-Kissinger who initiated it or at least arranged for the pace and timing of the meetings. It was an election year after all and nothing happens to pols by coincidence at such times. Nixon needed a new peacemaker image to replace the warmonger one from Vietnam/Cambodia and he rightly calculated this would neutralize the war issue for the Ds.

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Lookout's picture

Catch you tomorrow...

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“Until justice rolls down like water and righteousness like a mighty stream.”

All in for Ukraine!

Edited to add:

From the same network more propaganda.

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snoopydawg's picture

@humphrey

Seems like Sean and Kos are on the same side of Biden should send Ukraine everything they are asking for. Kos mocks republicans for wanting the money going to Ukraine to be spent here at home.

"At some point, caution becomes cowardice,"

I don’t get it. Why are so many people supporting Ukraine instead of pushing for ways to stop the war and the massive amount of deaths when they were once against wars all together? Was the million minutes of hate for Russia Russia Russia that was shoved down their throats along with Orange Man Bad? Ukraine has been known as one of the the most corrupt countries in the world, but suddenly they are beloved by millions. The sanctions on Russia has driven up prices for just about everything, but for some people it’s worth it just so they can support Ukraine.

Speaking of sanctions it looks like they go both ways. Russia and the Saudis are cutting oil production and driving up gas prices here and there in order to get around NATO's price caps.

Oh yeah…Penn is an idiot.

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Which AIPAC/MIC/pharma/bank bought politician are you going to vote for? Don’t be surprised when nothing changes.

Voting is like driving with a toy steering wheel.

Lookout's picture

@humphrey @snoopydawg

Many here at C99 called it as it happened. MSMs job is to repeat the narrative ad nausium.

There was also good basis to build on from the 60's anti-Russia/USSR sabre rattling.
Duck and cover
duck1-3988292336.jpg
Kids under your desk drills...
587399641b00002c006e6568-854431011.jpg

To the Russian's are coming.
91qo0RS5ulL.jpg

So wasn't too difficult to gin up the Russia hate with that basis already in place.
What a propagandized unthinking population we have become.

Well y'all take care and have a good week!

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“Until justice rolls down like water and righteousness like a mighty stream.”

I freely admit I didn't know of so many assassinations tied into banking decisions. Judge Haley did not deserve his poisoning. That hit me in the face, as did the disbarment of the brilliant attorney in that 1968 case.
I think we all know the essential meme that wars are about taking another countries' treasure. But this covers centuries, particular people, particular time lines.
A brilliant article.

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"We'll know our disinformation program is complete when everything the American public believes is false." ---- William Casey, CIA Director, 1981

Lookout's picture

@on the cusp

It tied together many loose ends together in the currency control narrative.

Hope the new grill live up to expectations!

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“Until justice rolls down like water and righteousness like a mighty stream.”

Ukraine but it would rather have the WAR.

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Lookout's picture

@humphrey

The purpose of project Ukraine was to gin up a war and put the grift machine on steroid. This proxy war was purposefully created by US warmongers, Biden primary among them.

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“Until justice rolls down like water and righteousness like a mighty stream.”