China

The Weekly Watch

The Waste of War

Open Thread Image.jpg

Wars are largely created to enrich the elite at the expense of everyone else. The cost can be measured in lives, money, environmental destruction, social and mental health, and much more, as the oligarchs count their profits. Yesterday used to be Armistice Day, the end of the war to end all wars, but now we honor war and warriors, not peace.

This year we celebrate the 105th anniversary of the signing of the World War I armistice that ceased hostilities on the Western Front, which took effect on the "eleventh hour of the eleventh day of the eleventh month" of 1918. With this instrument, nations still recovering from the dreadful nightmare of WWI, one of the deadliest conflicts in human history, collectively embraced peace as a universal principle and called for an end to all wars. Armistice Day was initially designated as “a day to be dedicated to the cause of world peace and to be thereafter celebrated."

(17 min)

The Weekly Watch

In Pursuit of Power

Open Thread Image.jpg

Biden has expanded his powers by declaring a "National Emergency" over the Ukraine proxy war. It only took his signature. Whatta democracy! Clayton will explain his expanded powers in a clip below the fold. Meanwhile we have the US ambassador in China declaring the US as the major power in the region as we sell more weapons to Taiwan. There's also been more fall out from the "lockdown files" as it has become obvious the pandemic was used as a power grab. So we see individuals, nations, and corporations all pursuing ever more power and control.

power.jpg

China brings about Iran/Saudi Agreement

Moon of Alabama has a fascinating discussion today about Iran and Saudi Arabia agreeing to work together.

https://www.moonofalabama.org/

... Mediated By China Iran And Saudi Arabia Restore Ties - There Are Winners And Losers

This is huge!

Regional rivals Iran and Saudi Arabia agree to restore ties after years of tensions

The Weekly Watch

War Upon War...

Open Thread Image_1.jpg

TPTB have China in their sights, and the propaganda is cranking up...spy balloons, the "CHINA" flu, they're sending weapons to Ukraine (as if we are not?), they are going to invade Taiwan (their own province)...you get the idea. The proxy war against Russia in Ukraine isn't going well for the west, and several leaders called out the NATO nations in India this week. American arrogance isn't selling well across they world. Then we have another ongoing war... against us, we the people, by the global elite who are certain they know how we should live and behave. They have an agenda planned.
This graphic illustrates the propaganda message...

imageedit_5_4833020241.jpg

Talk about projection

The Weekly Watch

No Reverse Gear in the Collective West...

open thread.jpg

Prepare for impact fellow crash test dummies, or so it seems as the west doubles down on its collision course to war with both Russia and China. This week alone, the US pledged another three billion over the next few years to provide arms to Ukraine, and the UK and BoJo pledged an additional $63M in arms. Not to mention the likely new PM of the UK is ready to start a nuclear war with Russia. Additionally the US is setting up Taiwan as Ukraine 2.0 to provoke a war with China. Meanwhile, much of the world plans to hitch their wagon to the rising economies of the BRICS+ economic alliance rejecting subjugation to the US, IMF and the collective west. The west continues its self delusion that they are most of the world, but in reality comprise 12-15% of global population.

dummy_0.JPG

Is China approaching a financial crisis?

After the 2008 crash many central banks enacted low and negative interest rates for any financial institution that could borrow directly from the central bank, or indirectly from those favored financial institutions. This cheap money spigot for the wealthy, to the tune of tens of trillions of dollars, never got turned off until this year, when inflation finally crept into the economy.

Asia rallies behind Russia

While the U.S. and all of Europe react in horror to Russia's invasion of Ukraine, the first, second, fourth, tenth and twelfth most-populated nations in Asia feel very different. It really doesn't matter whether you agree with these nations or not. The sheer size and proximity of these nations require respect.
The least surprising is China.

How China deals with corporate corruption

We all know how white-collar crime is punished in the United States - it isn't.
At best there is a fine of less than the amount that was originally stolen. Sometimes the CEO loses his job, but not without a golden parachute.
Basically, there are no consequences in corporate America for fraud, corruption, or incompetence.
It's the exact opposite of how capitalism is supposed to function.

Pages