Bellwether

[TakeYouToTasker 2.0]

I suspect we’ll soon see media outlets explaining why banks and other financial institutions need to be bailed out in order to protect the economy, along with more “capitalism has failed” dogma.

[Hitbyaparkedcar]

On 7/9/2021 at 2:14 PM, TakeYouToTasker 2.0 said:

I suspect we’ll soon see media outlets explaining why banks and other financial institutions need to be bailed out in order to protect the economy, along with more “capitalism has failed” dogma.

The creature from Jekyll Island is NEVER satiated. Pillaging, plundering, and legalized theft will continue until the revolution begins. Hope everyone is prepared, because they want it ugly when the time comes. Once that line is crossed, the people must demand unconditional surrender from those that have put their feet on our necks....

[Foxx]

https://twitter.com/WallStreetSilv/status/1441567414752251908

 

[devnull]

25 minutes ago, Foxx said:

https://twitter.com/WallStreetSilv/status/1441567414752251908

 

 

Supply chain is breaking down

 

Up to 25% of health care workers, federal contractors, and federal employees are threatened with losing their jobs over vaccine mandates

 

Microchip shortages

 

A return to energy dependence

 

Its almost like somebody is setting us up to fail

 

[Foxx]

It's all circling the drain.

 

 

[Foxx]

Mass Delusion

 

CONfidence

 

[Foxx]

More talk of leaving the petrodollar.

 

[Billsandhorns]

43 minutes ago, Foxx said:

More talk of leaving the petrodollar.

 

Doesn't surprise me. The way this administration has been screwing everyone over. Especially allies

[Foxx]

I expect this won't be the last state default in the days ahead.

 

Bloomberg article:

Quote

 

Sri Lanka Default Looms as Debt Payments Halted to Save Dollars

• Dollar bond due July 2022 extends losses to record low
• President calls for ‘unity, understanding’ as protests mount

Sri Lanka warned of an unprecedented default and halted payments on foreign debt, an extraordinary step taken to preserve its dwindling dollar stockpile for essential food and fuel imports. 
 

All outstanding payments to bond holders, bilateral creditors and institutional lenders will be suspended until a debt restructure, the finance ministry said in a statement Tuesday. The newly appointed central bank governor, Nandalal Weerasinghe, said in a briefing that authorities are seeking to negotiate with creditors and warning of a possible default. ...

 

 

[Foxx]

So... Odds that Japan will declare bankruptcy?

[Foxx]

Saudi Arabia and Iran have been invited to join BRICS. If Saudi does join, we will have left the petrodollar world and entered into a new bipolar space.

 

A Newsweek article:

As NATO Grows, China and Russia Seek to Bring Iran, Saudi Arabia Into Fold

Quote

... In the East, however, security and economy-focused blocs led by Beijing and Moscow are looking to take on new members of their own, including Iran and Saudi Arabia, two influential Middle Eastern rivals whose interest in shoring up cooperation on this new front could have a significant impact on global geopolitical balance.

 

The two bodies in question are the Shanghai Cooperation Organization (SCO) and BRICS. The former was established in 2001 as a six-member political, economic and military coalition including China, Russia and the Central Asian states of Kazakhstan, Kyrgyzstan and Tajikistan before recruiting South Asian nemeses India and Pakistan in 2017, while the latter is a grouping of emerging economic powers originally consisting of Brazil, Russia, India and China (BRIC) upon its inception 2006, and including South Africa in 2010.

 

"The BRICS and the SCO share one important ideological quality: they are both focused on multipolarity, and their summits have even been held back to back with one another at times," Matthew Neapole, an international affairs expert and contributor to the Macdonald-Laurier Institute in Canada, told Newsweek.

 

"Both are angling to act as force multipliers for this drive for multipolarity, to help along with alternatives [i.e, in currency or banking]," he added. "It could, in theory, facilitate economic linkages and step into gaps that U.S. institutions are not filling due to sanctions, such as those laid on Russia." ...

 

[Foxx]

Italian Markets Pummeled After Draghi’s Government Rocked

 

... It’s the latest problem investors in Italian assets have to assess, adding to surging inflation, rate hikes and recession fears. Italian bonds have already been under pressure for months from the withdrawal of the ECB’s ultra-accommodative policies, widening spreads between Italian and benchmark German yields.

[Foxx]

Slightly dated, however...

 

[Nouseforaname]

On 8/5/2022 at 2:05 PM, Foxx said:

Slightly dated, however...

 

Not surprising from such a restrictive society.

[Foxx]

On 7/4/2022 at 10:20 AM, Foxx said:

Saudi Arabia and Iran have been invited to join BRICS. If Saudi does join, we will have left the petrodollar world and entered into a new bipolar space.

 

A Newsweek article:

As NATO Grows, China and Russia Seek to Bring Iran, Saudi Arabia Into Fold

 

 

The headline is a bit premature at this point, however it warrants keeping an eye in this next meeting.

 

Saudi Arabia expresses desire to join BRICS family

Quote

... The president said Saudi Arabia’s joining of BRICS would mean significant change in the countries that form the bloc.

 

 

He however said this would be discussed during a summit to take place in South Africa next year.

 

“The BRICS nations are going to be meeting in a summit next year under the chairship of South Africa. And the matter is going to be under consideration.

 

“And already a number of countries or nations have been making approaches to the other member countries, and we’ve given them the same answer to say it’ll be discussed by the BRICS partners themselves, five of them, and thereafter a decision will be made,” Ramaphosa said. ...

 

[Koko]

1 hour ago, Foxx said:

 

The headline is a bit premature at this point, however it warrants keeping an eye in this next meeting.

 

Saudi Arabia expresses desire to join BRICS family

 

 

Yeah, let's keep antagonizing the Saudis, then begging them to do us favors.

[devnull]

Another BRICS in the wall

 

Now I kinda want some pudding

[Koko]

6 minutes ago, devnull said:

Another BRICS in the wall

 

Now I kinda want some pudding

 

You didn't eat your meat.

[Foxx]

15 years ago... Sounds a hell of a lot like today.

 

[Foxx]

IMO, Catherine's credentials and morals are impeccable. She knows what she is talking about. She has been saying what she says here for around two decades now. I had the personal pleasure of interviewing her myself back in the Summer of 2011. 

Perhaps her message is resonating more these days with what is happening all across the world.