2023 03 15 15 50

China has already decided what to do

Yes. China has already decided what to do and how to handle the collective West. Make no mistake about this. It’s already decided.

Now, in this article are some videos. If there is any one that you should watch, then please make sure that your watch the first one.

So the USA is going to commit “suicide by cop” and all of us are just helpless spectators, who watch in utter horror by the insanity of our “leaders”.

How are you going to deal with it?

"The rest of the world looks on in quiet horror..."

China’s factory activity stuns with fastest growth in a decade

.

BEIJING (Reuters) – China’s manufacturing activity expanded at the fastest pace in more than a decade in February, an official index showed on Wednesday, smashing expectations as production zoomed after the lifting of COVID-19 restrictions late last year.

The manufacturing purchasing managers’ index (PMI) shot up to 52.6 from 50.1 in January, according to China’s National Bureau of Statistics, above the 50-point mark that separates expansion and contraction in activity. The PMI far exceeded an analyst forecast of 50.5 and was the highest reading since April 2012.

The world’s second-largest economy recorded one of its worst years in nearly half a century in 2022 due to strict COVID lockdowns and subsequent widespread infections. The curbs were abruptly lifted in December as the highly transmissible Omicron spread across the country.

Global markets cheered the big surprise in the PMI with Asian stocks and the Australian dollar reversing earlier losses, the offshore yuan perking up and oil rallying, as investors took a more optimistic view on China’s economic prospects.

“The high PMI readings partly reflect the economy’s weak starting point coming into this year and are likely to drop back before long as the pace of the recovery slows,” said Julian Evans-Pritchard, head of China economics at Capital Economics.

“We had already been expecting a rapid near-term rebound, but the latest data suggest that even our above-consensus forecasts for growth of 5.5% this year may prove too conservative.”

Markets expect the annual meeting of parliament, which kicks off this weekend, will set economic targets and elect new top economic officials.

Beef and Smoked Mozzarella
Stuffed Focaccia with Pesto

2023 03 15 06 21
2023 03 15 06 21

Cook’s Tips

Other crusty bread loaves of similar weight, such as Italian or French bread, may be substituted for focaccia. Cut loaf horizontally in half and proceed as directed above.

Regular mozzarella or provolone may be substituted for smoked cheese.

Ingredients

  • 1 pound beef Top Sirloin Steak boneless or Top Round Steak, cut 3/4 to 1 inch thick or Flank Steak
  • 1/4 cup prepared basil pesto sauce, divided
  • 1 (8 to 10 ounce) loaf focaccia bread, cut horizontally in half
  • 4 ounces smoked mozzarella or provolone cheese, sliced 1/8 to 1/4 inch thick
  • 1 medium plum tomato, cut into 1/4 inch thick slices

Instructions

  1. Cut beef steak lengthwise in half, then crosswise into 1/8 to 1/4-inch thick strips.
  2. Combine 2 tablespoons pesto and beef in medium bowl.
  3. Cover and marinate in refrigerator 30 minutes to 2 hours.
  4. Heat oven to 350 degrees F.
  5. Remove some bread from center of cut sides of loaf if very thick, creating a pocket.
  6. Spread remaining 2 tablespoons pesto evenly over cut sides of bread; top each half evenly with cheese.
  7. Place on metal baking sheet.
  8. Bake at 350 degrees F 8 to 10 minutes or until heated through and cheese melts.
  9. Meanwhile heat large nonstick skillet over medium-high heat until hot.
  10. Add 1/2 of beef; stir-fry 1 to 3 minutes or until outside surface of beef is no longer pink. (Do not overcook.)
  11. Remove from skillet.
  12. Repeat with remaining beef.
  13. Using slotted spoon, place beef over bottom half of bread; top with tomatoes.
  14. Close sandwich, pressing together slightly. Cut into 4 wedges.

Total: 30 to 35 min | Yield: 4 servings

 

The Drums Of War With China Are Beating Much Louder Now

Comments from both Washington and Beijing have suddenly become much more pointed and aggressive in recent days, with talk about hot war now being discussed as not just a real possibility but in many cases as a probability. Let’s have a look at some of the most significant recent developments.

Beijing comments on US encirclement

The Chinese government has finally broken from its usual restrained commentary on the way the empire has been aggressively encircling the PRC with war machinery in ways that Washington would never permit itself to be encircled and waging economic warfare that it itself would never tolerate.

“Western countries—led by the U.S.—have implemented all-round containment, encirclement and suppression against us, bringing unprecedentedly severe challenges to our country’s development,” President Xi Jinping said in a speech last week.

China’s new Foreign Minister Qin Gang followed up on Xi’s comments the next day with a warning of “conflict and confrontation” should US aggressions and encirclement continue.

“If the United States does not hit the brake, but continues to speed down the wrong path, no amount of guardrails can prevent derailing, and there surely will be conflict and confrontation,” he said, adding, “Who will bear the catastrophic consequences? Such competition is a reckless gamble with the stakes being the fundamental interests of the two peoples and even the future of humanity.”

 

One of the most hilarious empire narratives we’re being asked to believe today is that the US is militarily encircling its number one rival China, on the other side of the planet, defensively. The US is very plainly the aggressor in this standoff, and China is very clearly reacting defensively to those aggressions.

These comments come not long after PRC Foreign Ministry Spokesperson Mao Ning issued a stern warning to the US to “stop walking on the edge, stop using the salami tactics, stop pushing the envelope, and stop sowing confusion and trying to mislead the world on Taiwan,” calling the Taiwan issue “the first red line that must not be crossed” in US-China relations. As we’ve discussed previously, these increasingly frequent “red line” warnings are very similar to the ones that were being issued with greater and greater urgency by Moscow before US brinkmanship provoked the invasion of Ukraine.

Committing to war with China over Taiwan

The official head of the US intelligence cartel made some comments before the House Intelligence Committee on Thursday which appear to have put the final nail in the coffin of the question of Washington’s “strategic ambiguity” on whether the US would go to war with China in defense of Taiwan.

Asked by Congressman Chris Stewart about President Biden’s increasingly explicit assertions that the US would go to war with China over Taiwan, Director of National Intelligence Avril Haines asserted that, despite the White House’s repeated walk-backs of those claims, it is clear to China that this is in fact Washington’s actual policy on the Taiwan question.

“In this particular case, I think it is clear to the Chinese what our position is based on the president’s comments,” Haines said.

US officials are talking about war with China like it’s a foregone conclusion

There’s been a marked spike in rhetoric from US officials about war with China being something that’s inevitably going to happen, or even something that is already underway.

At a Senate Intelligence Committee hearing on Wednesday, Senator John Cornyn expressed concern that difficulties in replenishing weapons stocks from the proxy war in Ukraine indicate that the US may not yet be “ready” to fight a “shooting war in Asia.”

“I think the war in Ukraine has demonstrated the weakness of our industrial base when it comes to replenishing the weapons that we are supplying to the Ukrainians,” said Cornyn. “In World War Two we became the Arsenal of Democracy and saved Britain and Europe, but if we got involved in a shooting war in Asia, we would not be ready.”

“I know what war looks like — we’re at war,” Congressman Tony Gonzales said at a House Homeland Security hearing on Thursday.

“I mean, this is a war, maybe a Cold War. But this is a war with China,” Gonzales added, citing things like Chinese aircraft intercepting US aircraft on China’s border and China “invading Taiwan via their cyberspace” as evidence that the US is “at war” with the PRC.

 

A direct war between nuclear powers

The US war machine is making it more and more explicit that its position on Taiwan is very different from its position on Ukraine, in that it will directly commit American troops to fighting a hot war with China over Taiwan. This is especially concerning because US military encirclement and provocations with Taiwan are making that war more and more likely, in the same way western provocations made the war in Ukraine more likely.

“Sending more weapons to Taiwan isn’t ‘deterrence,’ it’s a provocation,” tweeted Antiwar’s Dave DeCamp, who’s been documenting US provocations in Taiwan more thoroughly than anyone else I know of. “It’s clear now that increasing US military support for Taiwan will make a Chinese attack more likely. Anyone who is telling you otherwise is wrong or is purposely deceiving you.”

Indeed, University College Cork professor Geoffrey Roberts has argued that Putin chose to wage a “preventative war” on Ukraine with the calculation that the way the west was turning it into a major military power meant it needed to be confronted early before it became a major threat. The exact same thing could easily be happening with Taiwan.

“China is the big one,” DeCamp also tweeted recently. “Both sides are talking as if war is inevitable. Not a proxy war, a direct war between two nuclear powers. It can’t happen. The US needs to change course and stop its military buildup in the Asia Pacific, or we’re doomed.”

Couldn’t have put it better myself. This must be opposed, and opposed forcefully. Now more than ever, humanity appears to be on track toward the unfolding of a chain of events that leads to the worst thing that could possibly happen.

Some sanity from the mainstream media

 

To close with some good news, the imperial media are apparently not fully aligned with the war-with-China agenda (at least not yet). All the insane hawkishness mentioned above appears to have scared some sense into some influential voices in the mainstream media, with surprisingly anti-war arguments emerging in the last few days.

In an article titled “Who Benefits From Confrontation With China?“, none other than the New York Times editorial board taps the brakes with a wildly US-biased but still-welcome argument that “America’s increasingly confrontational posture toward China is a significant shift in U.S. foreign policy that warrants greater scrutiny and debate.”

“Americans’ interests are best served by emphasizing competition with China while minimizing confrontation. Glib invocations of the Cold War are misguided,” NYT argues.

In a Washington Post article titled “Democrats and Republicans agree on China. That’s a problem.“, Max Boot (yes, that Max Boot!) argues that the bipartisan foreign policy consensus on escalations against Beijing are a sign that something dangerously ill-advised is in the works.

“The problem today isn’t that Americans are insufficiently concerned about the rise of China. The problem is that they are prey to hysteria and alarmism that could lead the United States into a needless nuclear war,” Boot writes.

 

CNN’s Fareed Zakaria echoes Boot’s criticism of the Washington foreign policy orthodoxy, saying that “Washington has embraced a wide-ranging consensus on China that has turned into a classic example of groupthink.”

A new Financial Times piece titled “China is right about US containment” acknowledges that Xi Jinping’s aforementioned comments about encirclement and suppression are “not technically wrong,” and says that betting on China’s submission in the new cold war “is not a strategy.”

In a Daily Beast article titled “What the U.S. National Security Community Is Getting Wrong About China,” David Rothkopf argues that “We have passed the crossroads and we are already, unfortunately, dangerously, well on our way down the wrong path” with US-China relations.

It remains to be seen if these sentiments will be sustained in the mainstream media. Even if they are, they may just be the liberal media counterpart to the way some right wingers in the mainstream media like Tucker Carlson are permitted to object to US foreign policy toward Russia as long as they continue to support brinkmanship with China (all the outlets I just mentioned have been enthusiastic supporters of US proxy warfare in Ukraine, after all). This may be yet another instance of the way the empire gets the mainstream herd arguing over how imperial agendas of global domination should be enacted, rather than if they should.

Time will tell whether any sanity erupts from the muck of the empire regarding the possibility of igniting the most horrific war imaginable. As always with such things, I remain cautiously pessimistic.

Russia And China Draw ‘Red Lines’ On Their Borders; US Draws Them On The Other Side Of The Planet

HERE

Reacting to China’s announcement that it will be putting forward a proposal for a political settlement to end the war in Ukraine, the US ambassador to the United Nations said that if China begins arming Russia in that conflict this will be a “red line” for the United States.

“We welcome the Chinese announcement that they want peace because that’s what we always want to pursue in situations like this. But we also have to be clear that if there are any thoughts and efforts by the Chinese and others to provide lethal support to the Russians in their brutal attack against Ukraine, that that is unacceptable,” Ambassador Linda Thomas-Greenfield told CNN on Sunday.

“That would be a red line,” she said.

 

The ambassador’s comments pertained to an unsubstantiated claim made by Secretary of State Antony Blinken on Sunday that China is “considering providing lethal support to Russia in the war against Ukraine,” according to US intelligence.

The US has been making evidence-free claims in relation to China arming Russia against Ukraine since the war began. In March of last year the New York Times reported that “Russia asked China to give it military equipment and support for the war in Ukraine after President Vladimir V. Putin began a full-scale invasion last month, according to U.S. officials.” Then in April of last year NBC reported that this claim “lacked hard evidence” and was essentially just a lie the US government told the media “as part of an information war against Russia.”

The mass media have eagerly participated in promoting this latest re-emergence of narratives about China supplying weapons to Russia, with the Wall Street Journal running a piece just the other day titled “Chinese Drones Still Support Russia’s War in Ukraine, Trade Data Show.” But as commentator Matthew Petti has observed, buried deep in that article is an acknowledgement that these China-made camera drones aren’t even coming from China; they’re being purchased by Russian middlemen in nations like the United Arab Emirates. Really it’s just a story about how China manufactures a lot of products, disguised as something scandalous.

Chinese Foreign Ministry spokesman Wang Wenbin knocked back Blinken’s claims at a press conference shortly after they were made, saying the US is in no position to be accusing anyone of pouring arms into the war.

“It is the US, not China, that has been pouring weapons into the battlefield,” he said. “The US is in no position to tell China what to do. We would never stand for finger-pointing, or even coercion and pressurizing from the US on our relations with Russia.”

 

Indeed, Washington is warning Beijing with a “red line” against doing something that Washington does constantly, and is currently doing to an unprecedented extent in Ukraine. The US sends weapons to proxy forces all over the world, including to Saudi Arabia in facilitation of its mass atrocities in Yemen, to Al Qaeda and its aligned forces in facilitation of the western dirty war on Syria, and to Israel in facilitation of its apartheid regime and its nonstop attacks on its neighbors. Ukraine is Washington’s biggest proxy warfare operation yet, so it’s a bit rich for it to be drawing “red lines” on the other side of the planet regarding an activity the US spent $113 billion on last year.

And that’s the major difference between the US and nations like Russia and China. When Russia and China draw red lines, it’s at their own borders and regards their own national security interests. When the US draws red lines, it’s far from its own borders and unrelated to the security of the nation.

During the lead-up to the invasion of Ukraine, Putin warned over and over again that the west was taking Moscow’s “red lines” on Ukrainian neutrality too lightly, and Washington brazenly dismissed those warnings while continuing to float the possibility of future NATO membership for Ukraine.

“I don’t accept anybody’s red lines,” President Biden told the press in December of 2021 when asked about the warnings.

Weeks later Putin made good on his threat, launching a horrific war that could easily have been prevented with a little diplomacy and sensibility.

“This is that red line that I talked about multiple times,” Putin said. “They have crossed it.”

 

Similarly, Beijing has been using the phrase “red line” with regard to Taiwan and the US empire’s rapidly escalating provocations on that front. China used it multiple times last year warning against then-House Speaker Nancy Pelosi’s visit to the island, which Beijing regards as an egregious violation of Washington’s One China policy. As Antiwar’s Dave DeCamp frequently notes, this marked the beginning a new level of hostilities from Beijing which now sees frequent military crossings of the median line between Taiwan and mainland China that weren’t commonplace before.

Whether you agree with Moscow and Beijing about their “red lines” or not, you must concede that there’s a very big difference between the way they draw them and the way the US makes use of that concept. Russia and China are issuing these warnings about the areas immediately adjacent to their own territory, while the US issues them to anyone it likes about what they are permitted to do with their neighbors, even when the US itself engages in those very activities all the time.

Washington literally thinks of this entire planet as its territory. It believes it is its divinely bestowed right to issue decrees about what may and may not be done anywhere in the world, and that any transgression against these decrees is an act of aggression against it.

We see this evidenced in the way US officials talk about the world. Just in January of last year President Biden said that “everything south of the Mexican border is America’s front yard.” That same month then-Press Secretary Jen Psaki remarked on the mounting tensions around Ukraine that it is in America’s interest to support “our eastern flank countries”, which might come as a surprise to those who were taught in school that America’s eastern flank was not eastern Europe but the eastern coastline of the United States. You’ll see the imperial media refer to things like the vague prospect of China maybe someday building a military base in the African nation of Equatorial Guinea as a menacing encroachment upon America’s “backyard”.

 

It’s just so crazy how the US government has the temerity to publicly rend its garments in outrage over foreign nations making demands about what happens on their own borders while it continually makes demands about what happens everywhere in the world. It wails and moans about its enemies asserting small “spheres of influence” over former Soviet states or the South China Sea, while it itself asserts a sphere of influence that looks like planet Earth.

Whenever you point out how the US is the worst offender in any area it criticizes other governments for you’ll find yourself accused of “whataboutism”, but what this actually means is that you have highlighted evidence that the US does not play by its own rules and does not actually value the issues it’s trying to moralize about. The US is not trying to stop foreign nations from bullying and dominating their neighbors, it’s trying to bash out more space for itself to bully and dominate the world.

The Bank Crisis – The big Picture . . . Inevitable Collapse . . . less than 1 year?

As the present, ongoing, Bank crisis emerged, many have struggled to see the “big picture” to plan for the future.  Well, this is the big picture:

We are in a credit/debt crisis loop.

Banks are undercapitalized.  They need more cash as capital, but to get the cash, they need to borrow it.  More borrowing causes higher interest rates, which means more debt, for which they will again have to borrow . . .  and on and on and on it would go.  Until it collapses.

When the government passed out all that free money during the COVID pandemic, that money flowed into bank accounts. With BASEL 3 banking requirements, banks had to have a percentage of Tier 1 assets that could be liquidated pretty darn quick in case the bank needed to raise money fast.

“Tier 1 assets” means government treasuries . . . and at that time, when banks HAD to buy government treasuries to have Tier 1 assets, the yield on those Treasury bonds was pretty much 0.

Now, with the federal reserve raising rates at such a furious pace, all those bonds the Banks bought . . . have lost value. Why would I want to buy your bond yielding almost nothing, when the current 2-year Treasury Bond is yielding 4.10%?  A week ago it was 5%.

So the banks can’t sell it at face value. They would have to sell the bond at a loss in order to make it sell at all.

Silicon Valley Bank (SVB) did this to raise capital due to the outflows of cash, and took an almost 2 billion dollar loss. This is called “unrealized losses.”

As you read this story, the total of unrealized losses in the banking system is 620 billion dollars.

Now, the federal reserve is saying  if a Bank needs capital, the Bank can borrow against their Treasury bonds and Mortgage Backed Securities, at “par”  (face value) because if they did it mark-to-market, the sale would be a loss and not help at all.

The reason for all the red in the banking sector today is because investors aren’t sure who holds a lot of the older bonds and is under-capitalized in case distresses comes along.

Pausing the interest rate hike won’t do anything to solve this problem; the only solution is to lower the rates back down until the older bonds could be sold on the open market for pretty much face value.

BUT . . . That would cause rapidly rising inflation as well as a faster flight to de-dollarization by foreign countries, and then we are on the road to hyper-inflation.

Conversely, if they continue to raise the Interest rate . . .  well . . . . .the financial collapse would make the great depression look like the roaring 20’s. . . .  and that would probably be a best case.

So the Banks (and government) are literally trapped by a problem of their own making.  They face a choice: Save the Banks OR, save the dollar.  They can’t do both.

This week, they made their choice: Save the banks.

So from this moment, the Shit is flying through the air and is about to meet the fan.

Some Bankers Are Already Sounding the Alarm

Morgan Stanley, MS, says sell any bounce on this government intervention, next leg of bear market has begun.

On March 2, Morgan Stanley’s Mike Wilson gave his thoughts on the current state of the stock market, saying it is now in a “death zone” with predictions of its potentially massive drop. Wilson estimates that the S&P 500 could drop down to 3,000 points within the month, which is a 26% slump.

Wilson said that US stocks have reached “unsustainable heights” and that investors were like climbers who were pushing towards the top without being able to consider the risks properly. The move by investors was likened to “blindly” pushing toward the top of Mount Everest.

Wilson: “Many fatalities in high-altitude mountaineering have been caused by the death zone, either directly through loss of vital functions, or indirectly by wrong decisions made under stress or physical weakening that lead to accidents,”

Morgan Stanley’s chief US equity strategist said that the current valuations have much in common with the “death zone,” which is Mount Everest’s top where oxygen is extremely low. Basically, it meant that it was in the dangerous territory since the “death zone” is where many climbers lost their life.

Wilson: “This is a perfect analogy for where equity investors find themselves today, and quite frankly, where they’ve been many times over the past decade,”

Year-to-date, the S&P 500 was around 6%, and Nasdaq Composite was up by 13%.

It was also recently reported that the Federal Reserve was unlikely to be able to bring down inflation without increasing interest rates even more, which would cause a recession. This came from Former Fed Governor Frederic Mishkin’s research paper.

So the Stock Market does not appear to be the place to be if one is trying to protect wealth – or even earn a profit down the road.

TREASURY MARKET SIGNALING “RECESSION”

The Treasury market is signaling that a recession is all but inevitable if history is any guide. As concerns about the financial health of the US banking sector mount, benchmark yields on every maturity of Treasury — from three-month T-bills to 30-year bonds — have fallen below 4.75%, the upper end of the Federal Reserve’s range for its key benchmark rate.

They have fallen because people view Treasuries  as a safe haven and are now flooding the Treasury Bond market with money.  Since everyone wants “safety” the Treasury can afford to drop the rate of interest it is willing to pay, because buyers of Treasuries are looking for safety, not necessarily rate of return.

According to Yahoo News, Since 1977, such a move has foreshadowed every economic downturn, according to data compiled by Bloomberg. Its predictive powers were off only once in 1998, when the Fed slashed rates after the collapse of hedge fund Long Term Capital Management but a recession never materialized.

The steep drop in Treasury yields reflects speculation that the failure of Silicon Valley Bank and two other lenders may hasten the end of the Fed’s rate hikes amid concern about spreading contagion. Two-year yields fell 54 basis points Monday, the biggest drop since Black Friday in 1987, when the S&P 500 tumbled 21%.

Big Shots Saying “The End”

 

 

Did you catch his time frame?   He wrote “. . . this year.”

And actual Money People are saying worse:

 

 

To put this week’s events into perspective, take a look at this chart showing the size of ALL Bank Failures since the year 2000:

Size of bank failures since 2000
Size of bank failures since 2000

The 2008 failure of Washington Mutual Bank is what triggered the 2008 Great Financial Crisis, when the $307 Billion dollar bank, failed.

This week, the two banks that failed, Silicon Valley and Signature Banks, are together, BIGGER than Washington Mutual.  So that puts into perspective how destructive their failures will prove to be in the days and weeks to come.

This is, without doubt, a financial and economic catastrophe.

The unraveling can happen in an instant.

A week ago, everything was still fine. Then, within a matter of days, SVB’s stock price plunged, depositors pulled their money, and the bank failed. Poof.

The same thing happened with Lehman Brothers in 2008. In fact over the past few years we’ve been subjected to example after example of our entire world changing in an instant.

We all remember that March 2020 was still fairly normal, at least in North America. Within a matter of days people were locked in their homes and life as we knew it had fundamentally changed.

This is going to keep happening.

This is a financial catastrophe, but it’s just getting started. Like Lehman Brothers in 2008, SVB is just the tip of the iceberg. There will be other casualties – not just in banks, but money market funds, insurance companies, and even businesses.

Foreign banks and institutions are also suffering losses on their US government bonds… and that has negative implications on the US dollar’s reserve status.

Think about it: it’s bad enough that the US national debt is outrageously high, that the federal government appears to be a bunch of fools incapable of solving any problem, and that inflation is terrible.

But no one in charge seems to understand any of this.

The guy who shakes hands with thin air insisted this morning that the banking system is safe. Nothing to see here, people.

The Federal Reserve– which is the ringleader of this sad circus– doesn’t seem to understand anything either.

In fact Fed leadership spent all of last week insisting that they were going to keep raising interest rates.

Even after last week’s banking crisis, the Fed probably still hasn’t figured it out. They appear totally out of touch with what’s really happening in the economy. And when they meet again next week, it’s possible they’ll raise rates even higher (and trigger even more unrealized losses).

So this drama is far from over.

 

WHAT TO DO?

There’s an ill-wind blowing and we, (you and me) are on the wrong side of it.  What to do?

Many people are saying buy Gold and Silver.

I get why they are saying that.  Gold and Silver Bullion are protection for wealth.  They store wealth right there inside themselves.   Gold and Silver will ALWAYS have a value no matter what means of commerce is in effect.   If the US Dollar becomes worthless or is de-monetized as “legal tender” whatever replaces it, will have a price in Gold in Silver.  So the holding of Gold and Silver would, necessarily, STORE wealth.   I emphasized the word “holding” because if you don’t physically HOLD the gold, then you don’t own it.

Buying Gold or Silver “on paper” and letting someone ELSE store it for you, makes it “not yours.”  So if you’re going to buy precious metals, you better have them delivered into your hands, because what’s not in your hand, is not yours.

Here’s the problem with Gold and Silver . . . . government can make owning those metals, “illegal.”  They did it once with Gold way back under President Roosevelt.  They might try doing that again.

So what else can one do to preserve wealth?

Well, I am NOT a licensed financial planner or expert, and so I cannot give financial advice.  You should speak with a Licensed financial expert before making any financial decisions.

Having said that, as a layman, and not an expert in any way, I have made the personal decision to put my “dollars” into something which is not “dollars.”

Maybe you should too.

Whether it is Real Estate, or precious Gems, or . . . . anything tangible that holds its wealth within itself, is better than holding “dollars.”

Sooner or later, those “Dollars” are, in fact, going to become worthless.   That is assured now that the government and bankers have done what they’ve done in this latest banking crisis.

Look to the collapse of the Soviet Union and Venezuela as good indicators of what happened. But remember there will be large difference since this collapse will be larger than any in history.

It’s only a matter of time now.  And the clock is ticking.

Cheesteak Po’Boy

Yield: 1 sandwich

2023 03 15 06 25
2023 03 15 06 25

Ingredients

  • 6 super-thin slices beef
  • 2 teaspoons oil
  • Salt and pepper
  • French loaf, split
  • 3 slices mozzarella cheese
  • 1 cup very thinly-sliced onions

Instructions

  1. Heat oven to 350 degrees F.
  2. In a very hot skillet sear beef in 1 teaspoon of oil, about 30 seconds per side, or until just browned.
  3. Season with salt and black pepper.
  4. Stuff meat into open bread loaf.
  5. Top with cheese and bake until bread is slightly crispy and cheese is melted.
  6. Meanwhile, heat remaining oil in the same skillet and sauté onions until tender.
  7. When sandwich is ready, top sandwich with onions.
  8. Serve with potato chips.

On the 14th local time, the Russian Ministry of Defense issued a statement on the discovery of US drones over the Black Sea waters that day.

The statement pointed out that on the morning of the 14th, the airspace monitoring equipment of the Russian Air and Space Army found a US MQ-9 UAV flying towards the Russian national border over the Black Sea waters. During the flight, the UAV turned off the transponder, violating the boundary of the area demarcated by the temporary airspace use system established for Russia’s special military operations. The system has been notified to all users of international airspace and published in accordance with international norms.

The Russian Defense Ministry stressed that in order to identify the invaders, the fighter planes on duty of the Russian air defense forces were launched. At about 9:30 on the same day, the MQ-9 UAV lost control due to large angle maneuvers, gradually lost its altitude and collided with the water. The Russian fighter aircraft did not use airborne weapons during this process, did not contact the UAV, and returned to the airport safely.

Earlier that day, a US Air Force commander said that a US MQ-9 UAV was intercepted by a Russian Su-27 fighter plane on the same day, and the US UAV fell into the Black Sea after being hit.

The American people have no say in what our military does. This is insane.

(Visited 723 times, 1 visits today)
4.5 2 votes
Article Rating
5 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
ontoiran

everything i’ve read about the chinese ccp tells me they’re rabid, murderous, racists with ambitions of world conquest. they steal our technology, intellectual property, they poison us with bioweapons, they steal our manufacturing base, and they’ve been waging a currency war against us for decades; but we’re the aggressors who need to back off. am i missing something?

Steve

The MSM and western governments say that the novel gene therapy shots to treat c19 are safe and effective,do you think thats a factually correct statement?

Just Another Asian

Presuming you’re a Canadian from your nick (a member of the Commonwealth nation), am truly surprised you’re so ignorant & buy wholesale into the garbage spew out by the MSM.

Am a Chinese from a member of the Commonwealth nation (educated in London, UK) & can categorical say am not rabid, murderous nor racist. Being insulted, vilified & demonised by your western msm, politicians & people like you, truly shows the true colour of your civilisation.

In a way, am glad that this current global turmoil has brought out the true face of the people of the west. No longer do they hide the previously suppressed hatred, fear & condescending for others who are not white. Your perception of superiority permeates all levels & your scorn for the black/brown/yellow men is now out for the entire world to see.

The world will let history judge your civilisation in the future.