Major daylight drone attack on Kiev highlighting its complete lack of air defence while Zelensky is in Washington begging for air defence missiles.
Trump may come up with a few but his own stocks are ridiculously low having fired off near a hundred at a time in Jordan during Iranian missile attacks.
Update; Trump had no Patriot missiles for Zelensky so Zelensky again asked for the plans to make some for himself (of course he can’t but selling off the plans to all takers would make a decent bundle for his Dubai bank account).
One target of the attack on Kiev was the train station used by western politicians on their frequent trips to go and give Zelensky a hug which must have been a message from the Russians to the west.
Back to the global economy.
(from the Martenson video linked below)
China stopped buying US bonds a long time ago and has concentrated instead on buying gold.
Bessent has blown up 2 hedge funds previously and is known as an interventionist as demonstrated in the oil markets.
Meanwhile there has been a mystery oil futures seller manipulating prices down since the start of the Iran war, who could have access to the amount of money needed to do that?
Gold and oil correlated until the start of the Iran war and are now divergent.
The US Fed is caught between saving the bonds or saving the dollar.
Is there anything currently that’s not broken? Democracy, the deep state, commodity supply chains, the stock market bubble (all down to just a few AI companies), the bond market collapse, rocketing inflation, never ending wars. Everything is pointing one way (down).
Interesting picture below of the global bond market, every single country except one their bond is sinking (equals yields rising to attract buyers) indicating the country's economy is in trouble.
The Odd one out? Guess.
(orange dot yearly yield average, blue dot current yield price)
The Biggest Energy Shock of Our Lifetime. You Don’t Own Enough Gold- Chris Martenson
“People are going to get very angry.” IMF chief Christine LaGarde tells us in a recent speech, warning that coming fuel and food shortages could lead to people taking to the streets.
Which is of course the whole point. You can't introduce a new Chinese style dictatorship without doing the ground work first.
But don't worry, once the globalist elite dictatorship is in place the fuel and food shortages will be resolved quickly because they’re the ones who caused it in the first place.
The powers that be in the US, whoever they are (not Trump obviously), could stop both these wars that are causing collapsing economies and shortages tomorrow if they wanted.
And they will, once people agree to give up democracy (no one is ever going to vote for a Rothschild after all).
Amusingly our Euro leaders were recently dressed up in military style jackets for a group photo matching Putin when he visits the troops. In the UK we are told to prepare for war and to start stockpiling food and that we should join the army and be prepared to die for the country.
The problem is that there is no actual action being taken. The army remains a pitiful 80,000 fighting men and there is next to no increase in military production at all.
Because it's all fakery.
Several years ago in the US a big MIC company was given $58 million to create a factory to make artillery shells. Just recently the project was shut down having spent all the money and not a single shell produced.
Turns out that 30 years of deindustrialization destroys a county's ability to produce anything industrial. Who could have known?
Western Europe is not actually preparing for war (except the one against its own citizens), they know that there is nothing here of interest to the Russians, but they do want the Ukraine war to keep going because it's a trigger for a western Europe economic and social ‘reset’ that's been 50 years in the planning and 20 years since the start of the shaping operation.
For the last 20 years trillions of dollars have been deliberately wasted on fake projects. By now we were all supposed to be dead by over population and starvation and by global warming and by Covid. The fakery that was the Covid vaccine and then the money pits that are these useless wars.
And now we are pennyless, up to our ears in debt, deindustrialised and facing fuel and food shortages of our own making.
It's not been by chance, it was all planned with a globalist elite dictatorship as the end goal.
So the powers that be in the US are not shutting down the Ukraine or Iran war, in fact the latest reports are of an increasing build up of US forces in the Gulf which looks like a bombing campaign starting (they’ve run out of missiles) but that will mean planes actually flying over the country and the possibility of being shot down.
But more importantly it will mean an Iranian retaliation as promised to cripple the whole region’s infrastructure and make the global fuel shortages a lot more permanent, which will certainly push many Asian and European countries over the cliff edge.
Reminder that the US doesn’t actually need to import much oil, they’re really fighting this war on your behalf haha.
Meanwhile China has been buying gold for over 22 consecutive months and over 80 tonnes so far this year compared to 50 tonnes for the whole of last year, that’s the official numbers which many say is half the real number. And all the while they’ve been dumping US bonds, so far half their total treasury holdings.
So the steady prolonged dumping of an asset that currently pays 5% interest for one that pays none, hmm, makes you think.
Winter Is Coming: What The IMF Just Told Investors
ORACLE ISSUES RARE FORCE MAJEURE NOTICE ON FUTURE DEBT FOR $165B DATA CENTER PROJECT-DISTRESS SIGNAL
Lavrov Rejects Ceasefire; Ratcliffe Steps Out of the Shadows
An increasing number of influential people are coming to the same conclusion.
That what we are witnessing, the actions of western politicians making detrimental decisions that erode the country's wealth and social fabric is not just mass incompetence.
It's a hidden agenda. And the fact that all the western politicians are in complete lock step can only mean they are all receiving orders from a single higher authority.
Relations between western countries never used to be like that. There used to be constant diversity of objectives and priorities. Now every president and prime minister talks as one, like they are reading from the same script, because they are.
It no longer matters which party you vote for, the people selected to be politicians for whatever party must all have the same globalist neoliberal ideology or they would not be selected.
This is more obvious in Europe than the US where politicians seem to often hang onto office into their 80s and 90s and there seems to be a wariness of the neoliberal cause.
In the UK we have gone through 7 prime ministers in as many years because none do what people voted for and so their popularity starts sinking as soon as they take office. Americans are seeing the same thing in Trump who has turned all his election promises upside down so that even the Democrats have nothing to complain about.
Anyway, forget what politicians are saying (war good, Putin bad, and absolutely nothing about any energy crisis), so what's actually happening?
The cost of borrowing continues to rise, the US 10 year yield is now around 5.2% and many commentators are saying Bessent has lost control.
The cost of borrowing is at a 20 year high and even new issuance 3 year bonds are getting over 5%.
The US average diesel price is now $6.50 and is steadily rising. 1 month ago it was $5.60. 1 year ago it was $3.60. But remember we are still running on reserves, just wait for the actual shortages.
The UK has just 42 days of diesel left and the government is advising people to stockpile food and there is talk of possible power supply problems ahead.
And there are cracks showing in the US AI sector with 1 company invoking force majeure on a $165 billion loan. Reminder that the AI sector is propping up the entire US stock market.
Oil is holding around $100 a barrel as Bessent has run out of tricks to keep pulling it down. Again, that's the price running on reserves, not actual shortages as yet.
Interesting short video below on Japan's debt experiment that the western world is copying and how that’s working out now. Hint: Japan’s debt servicing for next year is expected to be 30% of all government spending.
And the latest from Robert Barnes as Trump desperately searches for a war he might actually win. Hilarious topical chat as usual.
Japan's Free Money Is Over... Now It Gets Expensive
U.S. PREPS FOR MILITARY ACTION AGAINT CUBA - w/ Robert Barnes
Trump tries the same trick over again and gets the same Iranian response over again, Trump the globalist agent has no intention of ending the Iran war, he has no way of winning it so really just needs to pull back and let Iran reopen the Straits charging China and whoever a passage fee in compensation for US sanctions.
But Trump won’t, so the Straits remain closed which automatically leads to a global recession, which therefore must be the objective.
So the trick Trump continually plays is to encourage ships to take the non Iranian passage so he can say plenty of oil is getting through to which the Iranians start drone striking the ships which immediately halts shipping taking us back to square one, to which Trump has an excuse to escalate the conflict with more military action.
Though Trump is running out of options on the military front. Talk now of a new US build up in the region including dumb gravity bomb bombers. But they would need to actually fly over Iran to drop the bombs and the US hasn’t done that since losing aircraft in the failed attempt to have a ground force secure the nuclear material some months ago, the cover story of which was to rescue a downed pilot.
Questions are being asked as to what the point of any of this is. Even if Trump’s number of tankers getting through can be believed it’s still insignificant to the cost of 2 US carrier groups who aren’t actually able to provide any protection anyway. The US navy tried to get closer but were warned off with an Iranian ballistic missile air bursting over their heads so retreated again.
The US blockade can’t be sustained and is not actually effective anyway, word is that some Saudi tankers are allowed through under Iranian agreement for a payment. But then Trump tries to push his luck trying to push more ships through to show he’s winning.
Negotiations have come to a standstill and only actions can be believed, same as in the Ukraine war. Russia says they are not interested in listening to the doublespeak that comes from the Americans anymore and that they and the Ukrainians know what they need to do if they want the war to end.
Meanwhile the Russians have turned their attention to Ukraine’s Palanir AI data centres that are providing the targeting info for Ukraine’s drone and missile strikes on Russian targets.
These data centres are linked to Ukraine’s Starlink system so taking out the data centres also takes down the internet for large areas.
Meanwhile in the Baltics.
Estonia's defense minister: "ready to kill every Russian who crosses the border."
Putin: "Estonia's population: 1.3 million ...
And the Russian army -- just the Russian
army -- ... 1.5 million."
“The circus left and the clowns stayed.
This is political clownery. But unfortunately these are the types of people we have to deal with today.”
And the latest weapons package for Ukraine arranged during Zelensky’s visit to the US is $400 million in military equipment from Biden’s last allocation and is set for delivery in late 2028 or early 2029, and contains no Patriot air defence missiles, right - okay.
EU number 2 Karen Callous announced a 6.6 billion Euro package, 1 billion will go towards military equipment for Ukraine and the rest will go to reimburse EU member states which she says is a good day for Ukraine and a bad day for Russia, right - okay.
This all seems a bit short of the $60 billion Zelensky was hoping for?
Putin Mocks West "Clownery" as Trump Tells Zelensky To Go To Moscow