Wednesday, March 22, 2023

Things Just Went Nuclear In Our Trade War With China, And A Giant Shockwave Is About To Hit The U.S. Economy

by Michael Snyder, The Economic Collapse Blog:

It is difficult to find the words to describe just how serious America’s trade war with China is becoming.  As you will see below, the two largest economies on the entire planet are on a self-destructive course that almost seems irreversible at this point.  The only way that this trade war is going to come to a rapid conclusion is if one side is willing to totally submit and accept an extremely bitter and humiliating defeat on the global stage, and that is not likely to happen.  So in the short-term, and probably beyond that, we are going to experience a tremendous amount of economic pain.  In fact, if one wanted to create a recipe for economic disaster, it would be hard to beat having the Federal Reserve dramatically raise interest rates at the exact same time that the U.S. government is starting trade wars with all of the other major economic powers simultaneously.  Unless something drastically changes in the very near future, there is no way that the U.S. is going to be able to get through this without experiencing severe pain.

Conflict Escalation

by James Howard Kunstler, Kunstler:

My website was down early this morning, and I’m just a little suspicious that it had something to do with me expressing an opinion outside the “Overton Window” of what is considered acceptable discourse on illegal immigration. Namely, that it’s illegal, with all that implies. At least I wasn’t thrown out of a restaurant over the weekend, though the fact is I didn’t even try to eat out.

Now my particular problem may turn out to be no more than a cockroach chewing through some wires in the Jersey server farm where this blog dwells — we’ll find out soon enough — but there are obviously other signs that “the Resistance” is tuning up the antagonism against its perceived enemies.

Pepe Escobar Covers The World: From ‘New York Aristocracy’ To The End Of America’s Hegemony

from ZeroHedge:

Brazilian-born journalist Pepe Escobar, who is perhaps best known for predicting the War on Terror in a column he published for the Asia Times just weeks before 9/11, sat down for an interview with Balkan info earlier this month,m during which they discussed a wide range of topics, ranging from the Deep State’s role in green lighting President Trump’s rise to power, to the imminent Soviet-style collapse of the US. Along the way, he shared his views on the US’s complex and often adversarial relationships with China and Russia, as well as the hidden motives undergirding the US’s relationship with the Kingdom of Saudi Arabia.

The interview began – as these interviews so often do – with an examination of the Trump presidency, with Escobar explaining the dualistic nature of Trump’s unique position as both an “insider” and an “outsider” in US politics.

Trump, Escobar explains, wasn’t born into the Manhattan aristocracy. And though the “Masters of the Universe” – a group that includes the country’s top bankers along with the leaders of the military and intelligence communities – were initially reluctant to embrace him (as were many factions within the Republican Party), they eventually changed their minds once they understood that he would advocate for their interests.

“He’s not born in lower Manhattan…and he’s not part of the New York aristocracy, the establishment that’s been there for some 150 to 200 years…he’s still regarded in New York as a wealthy outsider. But in the end, he was accepted by some sectors of the Republican Party – even though they initially didn’t want to accept him – Washington, some sectors of the Republican Party.”


He was the candidate of the establishment from the beginning, or he was a genuine candidate whose regime has now been disturbed by the Deep State. He was vetoed by the establishment – this is something that people who know how the Deep State works in DC they will tell you always the same thing: You don’t become a candidate for a President of the United States if you are not vetted…by the people who actually run the US. 

Trump was vulnerable to this manipulation because he doesn’t have a nuanced enough understanding of geopolitics…which has forced him to rely on advisors whispering in his ear…advisors whose intentions aren’t always working in the best interest of the president, or the American people, for that matter. One example is Trump’s insistence on instigating a trade war between China and the US. While China has many ways to retaliate against the US, as least when it comes to finding markets for their goods, US companies have more options than their Chinese peers.

Trump still doesn’t understand that the retaliation is going to be really huge from the Chinese and they have ways of hurting badly – they even have ways of ratcheting up taxes on products made in the Midwest. But they’re going to lose much more than we do. We have other markets. We export more to Asia, we export more to South America and we export more to Europe.

The conversation then slowly drifted to the Middle East and the US’s long-term ambitions in one of the world’s most politically unstable regions. According to Escobar, the US isn’t merely interested in a partnership with Saudi Arabia – instead, the Deep State’s long-term interest is control of the country’s oil reserves by any means necessary.

If there is really a long-term plan for Saudi Arabia it’s that the Americans want to control Saudi Arabia completely. The ultimate prize would be Saudi Arabia as well, because then they would get all the oil that’s left.

Next up in Escobar’s tour of US interests in Asia and Europe were China and Russia have emerged as the US’s primary geopolitical enemies. Terrorism and North Korea are merely distractions, Escobar contends. China and Russia could potentially bring about the demise of US hegemony – in fact, it’s a cause that both countries are actively working toward. Why? Because the downfall of the US would be in their own economic  in their economic best interest.

China’s role, as the biggest economic threat to the US, is particularly interesting, Escobar contends. But complexities underlying China’s will to dominant geopolitics is lost on most Americans because they simply don’t understand Chinese culture.

Westerns don’t know how China functions because they haven’t read Chinese history. They don’t understand how they view themselves, especially now that they are the second economic power and soon to be the first. This lack of understanding…it’s a mix of hubris…and profound ignorance. Everyone [the US] tries to antagonize, and everyone they brand as enemies, are subject to US propaganda. China and Russia are the top two threats to the US.It’s not terrorism…it’s China and Russia. So everything the military-industrial complex does from here on it’s with an eye toward Russia and China.

But how will Americans know when their homeland’s status as global hegemony is on the verge of collapse? There are a few different paths Escobar believes this process will take, with the most likely outcome being a “Soviet style” collapse following a period of decay – and that process has already begun. There’s also the possibility that the US provokes – and then loses – a “World War” against China and Russia (a possibility that we have previously explored).

There are only two ways about it. The first one is a sort of slow decay, which is already happening by the way, and a sort of implosion, Soviet Union-style. The second is they launch a really hard-core war against China or against Russia or against both. And this is obviously the apocalyptic option for all of us, because as we all know the next war is going to be the last one.

Watch the full interview below:

Read More @

US using chemical weapons as pretext for intervention in Syria: President Assad

from Press TV:

Syrian President Bashar al-Assad says the United States is using the issue of chemical weapons as a pretext to carry out an attack against the Syrian army. 

Assad said in an interview with Russian television channel NTV on Sunday that such allegations were being used as an excuse for an intervention.

“The story with chemical weapons is a pretext for a direct military intervention and attacks on the Syrian army,” the president said, adding, “We fully eliminated chemical weapons. We haven’t had them in Syria since 2013.”

Meet the Couple Who Facilitated Trump’s Order to Snatch Kids from Parents

by Pam Martens and Russ Martens, Wall St On Parade:

Southwest Key Programs first gained national media attention when Senator Jeff Merkley of Oregon traveled to Brownsville, Texas on June 3 and attempted to enter one of its Federally-funded facilities to check on the immigrant children who had been forcibly taken from their parents under a Trump administration policy called “zero tolerance.” Southwest Key called the police on Merkley and denied him entry.

Under the policy that was fully implemented in early May by the Trump administration, even immigrant parents fleeing violence in Central America, with a previous lawful right to seek an asylum application in the U.S., were being incarcerated and having their children and infants as young as three months old forcibly taken from them. Over 2,000 children currently remain separated from their parents as a result of this policy.


by Harvey Organ, Harvey Organ Blog:




Closing access prices:

Gold $1265.90

silver: $16.32

The Supreme Court Just Destroyed the Economy in the Hunt for Taxes

by Martin Armstrong, Armstrong Economics:

The Supreme Court in SOUTH DAKOTA v. WAYFAIR, INC, just handed down the most devastating and unconstitutional rule perhaps in American history in a 5-4 ruling that we will look back upon as the straw that broke the back of the economy. The Supreme Court has totally rejected EVERYTHING that the United States was built upon – No Taxation Without Representation. Instead of the greed of states being confined to their own citizens, the Supreme Court has ruled that if you are not a citizen of that state, the state still has jurisdiction to compel you to collect taxes as an economic slave WITHOUT ANY RIGHT TO BE REPRESENTED IN THAT STATE to oppose such legislation. This is exactly what the American Revolution was all about. The English Parliament would pass legislation that compelled Colonists to pay taxes yet they were NOT represented in the English Parliament to object. This is the most fundamentally UNCONSTITUTIONAL and ant-Democratic decision EVERhanded down by the Supreme Court all because of the Hunt for Money by the States.

Liberals’ Hatred Will Inevitably Turn Into Violence

by Kurt Schlichter, Townhall:

Many of us are predicting that eventually these foam-spitting, psycho liberals are going to embrace violence out of frustration at their inability to recover the power we stripped from them, but we’re already past that point. Just ask Steve Scalise, alive today only because the Bernie bro who tried to massacre a bunch of Republicans, as well as Jeff Flake, did not know how to shoot.

But we Normals do know how to shoot, and that’s significant. Because, as I have grown hoarse from shouting, I see these leftist morons charging headlong down the same slippery slope I was stationed at the bottom of in Kosovo.

EASTERN EUROPE Hungary: Italy is right to block “Soros vessels” from docking in its ports

from VoiceOfEurope:

Italy is right to block “Soros vessels” from docking in its ports, Hungary’s ruling Fidesz party said on Saturday.

The party reacted in a statement to Italian Interior Minister Matteo Salvini’s remark that rescue boats carrying migrants can “forget about” docking in Italy’s ports.

Fidesz said:

Dear High School Graduates: the Status Quo “Solutions” Enrich the Few at Your Expense


by Charles Hugh Smith, Of Two Minds:

You deserve a realistic account of the economy you’re joining.

Dear high school graduates: please glance at these charts before buying into the conventional life-course being promoted by the status quo.

Here’s the summary: the status quo is pressuring you to accept its “solutions”: borrow mega-bucks to attend college, then buy a decaying bungalow or hastily constructed stucco box for $800,000 in a “desirable” city, pay sky-high income and property taxes on your earnings, and when the stress of all these crushing financial burdens ruins your health, well, we’ve got meds to “help” you–lots of meds at insane price points paid for by insurance– if you have “real” insurance without high deductibles, of course.


from SGTreport:

Through the lens of history the TRUTH has become perfectly clear: The enemies of humanity have usurped our monetary system, our education system, our media and our government. Now they are actively destroying our culture, innocence and – quite literally – our children. They have amassed so much power, they can also trigger the collapse of the US Dollar and our way of life, at will. Author Stefan Verstappen returns to SGTreport to discuss it all.


by Geoffrey Grinder, Now The End Begins:


EDITOR’S STORY: In a bombshell admission by Obama’s former Cyber Security Chief, Michael Daniel, that was ignored by virtually all of the fake news media, it was revealed that then president Barack Obama issued a ‘stand down’ order after Russian interference with the 2016 Presidential Election was discovered. Hey, Robert Mueller, you can stop your phony witch hunt of President Trump, we now know for a fact who actually is guilty of Russian collusion. It’s Barack Obama. Donald Trump had this right a year ago. So, now that we know who actually colluded with Russia, is anyone going to bring in the man from Kenya for questioning? No, they are not.