Safety Fishnet (@SafetyFishnet) MARCH 22, 2015 AT 5:57 PM Here it goes, two more links as the switch to the looming multilateral is orchestrated. First, Putin talks about a currency union with Belarus&Kazakhstan, second Lagarde expresses her delight to work with Chinese led AIIB.
Norman Ball MARCH 23, 2015 AT 4:44 PM Is that a mothballed destroyer above our heads lol?
Frankly JC, I struggle with the notion that the military industrial complex is going to mothball itself, surrender and go home. That’s way too neat and tidy and, I would suggest, a fundamental misread of the tendency for military superiority not to disband, but to devise a way of ‘falling off the shelf’ in a hurry.
Suddenly we see the charade of defensivenesse/deterrence that was the rhetoric used to get so big in the first place. The petrodollar bankrolls the military indstrial complex. We’rein the ues it or lose it phase of American military prowess.
Norman Ball Continues: So, how does the military make a market for itself in a world where the demand for war is tepid? In the absence of a clear and present danger, they don’t just stand there. They make it up.
For example, Breedlove wants to escalate conflict in a successful ceasefire due to Russian ‘aggression’. With so much on the line, a little deception can be excused.
The polite word is ‘exaggeration':
“Worse, the military, in the person of Gen. Breedlove, seems to be intentionally exaggerating claims of Russian malfeasance with the intent of stirring up alarm on Capitol Hill.”
As I’ve suggested our empire is bucking the growing global consensus (the favored follow-on vehicle of transnational money interests).
Those who have conflated the Anglo-American Empire with transnational money interests have committed a fatal misread. They have never further at odds within the last 100 years when arguably the marriage was consummated.
I’m speaking as a patriotic American realist who realizes his country was borrowed about a century ago for a larger transcendant mission: we are the recalcitrant party with no real natural allies.
The emerging global ‘US circumvention project’, as you’re so ably pointed out JC, is gaining momentum and can only be interrupted by a counter-effort of similar scale: world war.
America is now in a terminally reactive mode which can only be arrested, perversely enough, by such a war. Chaos, nay-saying, breaking things, forestalling alliances, dampening positive human direction, opposing constructive steps forward, jump-starting a war that neither primary party –Europe or Russia– needs or wants, then reprising a Marshall Plan from the ashes.
That will be quite a trick. But if the fuse can be lit the hope is that momentum, the fog of war, will take care of the rest. Yes of course this whole project reeks of desperation.
Your harmonious way-forward is a magnificent and eloquent construction. But my nation breaks other nations for breakfast. What does your plan say about that?
My sense is this transnational elite of ours has overstayed its favors on the American Empire. Their procrastination many have created a monster only WW3 can defuse. Of course WW3 may kill us all too. What a horrible defusing that would be.
How many Americans like me feel stuck between a rock and a hard place? Yes, we recoil at the evil excesses of a Empire that does its work ostensibly in our name. In fact the American public is more hostage than beneficiary of its nation’s empiric status.
Maybe it’s karmic retribution for having fallen asleep at the wheel of our own country. But it’s a helluva tragedy for our kids that the retributive recoil is going to be a real bitch. As the Bible says, the children inherit the sins of the fathers.
JC Collins MARCH 23, 2015 AT 5:21 PM Norman, your country also has another interesting quality, the highest level of sovereign debt in the world, a debt which can not be serviced with the current levels of defence and military spending. Some additional information on this dynamic can be read at the following link:
It has also been made public knowledge that the intention is to reduce the US military to pre WW2 levels, as can be read at the following links:
Also, I know you are a kind and rational man, so I’m sure I have misunderstood your intent, but to reference the slaughter of millions of innocent humans as “my nation breaks other nations for breakfast” can appear callous, and has everything to do with why the rest of the world is now turning against exactly that form of western perception.
Perhaps that could have been expressed with more compassion and understanding for the horror that the US military has unleashed on foreign populations.
The US is in a situation, by purposeful intent and planning, where it needs the support of the rest of the world in order to address its massive sovereign debt challenge.
I do not see a world war building here, just more fear driven CSI engineering. I hope I’m right, because if I’m not, and you are, then the world is in big trouble. I’ll stand my ground and expect a reasonable outcome from this current state of affairs.
Natedawgee MARCH 23, 2015 AT 5:19 PM Hi all, I’m humbled to be a contributor.
A read (or pattern or blueprint) on historical ways in which the “international community” eased the transition away from the Sterling:
BIS stepped in to “offer” solutions for soft landings! I think the BIS has a distaste for black swan.
JC Collins MARCH 23, 2015 AT 5:28 PM Don’t be humbled friend, the link you provided is exactly the level and quality of contributions that are required to help us all more fully understand the machinations of this transition. Thank you for doing the research and providing the link. The material will enhance the conversations here.
The below video was added thanks to research of Charlie from Dinar Speculator:
Nassim Nicholas Taleb - What is a "Black Swan?"-----
The Future Has Always Been Crazier Than We Thought with Nassim Nicholas Taleb.
Author Nassim Nicholas Taleb discusses his book, The Black Swan in relation to predicting the future, learning from the consequences of the unknown, and the power of randomness.
Nassim Nicholas Taleb is an essayist, belletrist, and researcher only interested in one single topic, chance (particularly extreme and rare events, the "Black Swans" i.e. outliers); but it falls at the intersection of philosophy/epistemology (skepticism; knowledge about the dynamics of history; inferential claims), philosophy/ethics (stoicism facing random events; theories of nonhedonic happiness), mathematical sciences (probability theory, statistical physics), social science/finance (opacity & incomplete information in economics), and cognitive science (the mental biases making us "fooled" by randomness).
He mainly derives his intuitions from a 2-decade long and intense practice of derivatives trading ("nondull" activities with plenty of randomness).
Taleb is currently a researcher at London Business School. He the Dean’s Professor in the Sciences of Uncertainty University of Massachusetts at Amherst, Fellow in Mathematics in Finance, Adjunct Professor of Mathematics at the Courant Institute of Mathematical Sciences of New York University (since 1999), and research fellow, Wharton School Financial Institutions Center, and Chairman, Empirica LLC.
Taleb held senior trading positions with trading houses in New York and London and operated as a floor trader before founding Empirica LLC. His degrees include an MBA from the Wharton School and a Ph.D. from the University of Paris. He is the author of Dynamic Hedging, Fooled by Randomness, and The Black Swan.
Uploaded on Mar 24, 2008
Complete video at: