Thursday, July 18, 2019

Chinese Media: ‘Reckless,’ Lazy Hong Kong Students Need a Good Communist Education

by John Hayward, Breitbart:

China’s state-run Global Times on Wednesday dumped a deeply patronizing editorial upon the student protesters of Hong Kong, describing them as lazy and reckless youth who desperately need the discipline and perspective of a solid education in Communist schools.

The Global Times castigated angry Hong Kong youths for “yelling radical, separatist and insulting slogans at the police, the chief executive, the government and even their motherland – China.”

FRANCE: ALGERIAN FOOTBALL FANS RIOT, WIELD CHAINSAWS, LOOT STORES

from InfoWars:

Riot cops deployed across major cities

Algerian football fans in Paris, Marseille, Lyon and other cities celebrated their soccer team’s Africa Cup of Nations win by rioting, looting stores and wielding chainsaws in a night of chaos.

Algerians poured out onto the streets following their team’s victory over Ivory Coast last night.

Keiser Report: Too Poor to Survive (E1408)

from RT:

In the second half, they talk to professor Steve Keen about the problem of declining incomes and rising costs, and why MMT (Modern Monetary Theory) is not the right solution.

The Special Relationship is Collapsing — Perfidious Albion Delenda Est

by Harley Schlanger, LaRouche PAC:

Both in the United States and in the United Kingdom, there is a growing recognition — and trembling by some — that the Special Relationship between the UK and the US is in shambles, and could well be completely and irreversibly destroyed in the immediate future. The release of the diplomatic dispatches from former UK Ambassador to Washington (he resigned this morning), Sir Nigel Kim Darroch, KCMG (Knight Commander of St. Michael and St. George) means far more than the exposure of the obscenely titled aristocrat for his role in the British imperial coup attempt against Britain’s former colonies. Indeed, it has the potential of tipping the scales against the Empire’s control over the United States: the end of the “free market” economic construct imposed on the ruins of the Hamiltonian “American System” of directed credit and scientific progress; and the end of American military might being used as the “dumb giant” to carry out British colonial wars across Asia and Southwest Asia.

GEOPHYSICAL WARFARE IN CALIFORNIA?

by Joseph P. Farrell, Giza Death Star:

Ok. You have already read the headline, and have my permission to call me crazy, for I fully intend to walk right off the end of the twig of high octane speculation today; think of those old Road Runner cartoons with Wile. E. Coyote running off the cliff, and falling several thousand feet to an animated kerplop when he hit bottom. And, just so we’re on record of how crazy I intend to get with today’s high octane speculation, I might as well confess right up front – as I did in yesterday’s blog about the strange and highly suspicious fire on that Russian spy submarine – that I think there may be a connection between that incident (and whatever really transpired) and all those earthquakes that now seem to be lighting up the region from California to Alaska this article courtesy of V.T.):

Piracy on High Seas… US and British Aim to Sink Iran Nuclear Deal

from Russia Insider:

The seizure of two million barrels of Iranian crude oil by British commandoes is a blatant act of piracy aimed at provoking Iran into war. Also, confiscation of the supertanker in Britain’s Mediterranean territory of Gibraltar seems aimed at sinking the last chances for the international nuclear accord being upheld.

Iran has already warned it will suspend parts of the Joint Comprehensive Plan of Action (JCPOA) by increasing stockpiles of enriched uranium, particularly because Tehran has rebuked the European Union for not doing enough to implement the 2015 accord and normalize trade with Iran, circumventing US sanctions.

Secret, Leaked Speech by Chinese Defense Minister Demonstrates China’s Intent to Destroy America

by Dave Hodges, The Common Sense Show:

“The central committee believes, as long as we resolve the United States problem at one blow, our domestic problems will all be readily solved. Therefore, our military battle preparation appears to aim at Taiwan, but in fact is aimed at the United States, and the preparation is far beyond the scope of attacking aircraft carriers or satellites.

– Chinese Defense Minister Gen. Wei Fenghe

This is the first part of a multipart series which exposes China’s intention to go to war with the United States. Part One is based upon the idea that the Chinese fully intend on not just conquering America, but destroying America.

Details still needed regarding $114 billion in Canadian Big Bank bailouts: Expert – Peter Diekmeyer (10/07/2019)

by Peter Diekmeyer, Sprott Money:

Business insiders were shocked when David Macdonald, an economist with the Canadian Center for Policy Alternatives, revealed that the Big Banks got nearly $114 billion in secret bailout support after the 2008-2009 financial crisis.

The story, which was quite technical, got major attention from specialists. However, since the process provided poor sound bites, mainstream media quickly moved on.

The issue died long before the 2015 election.

Vehicle Sales Plunge amid India’s Shadow-Bank Debt Crisis & Contagion Fears

by Wolf Richter, Wolf Street:

Shadow banks provided 40% of new loans for vehicle purchases.

Car sales in India, the fifth-largest auto market in the world, plunged 24% in June, compared to June last year, after they’d already plunged 26% in May, the Society of Indian Automobile Manufacturers reported. Year-over-year declines have been dragging on for nearly a year.

Sales of “goods carriers,” which are seen as an indication of economic momentum, dropped 18% from a year ago. Goods carriers include vehicles such as these:

CONCERNING THAT RUSSIAN SUBMARINE THING…

by Joseph P. Farrell, Giza Death Star:

The story of that Russian submarine that was apparently deliberately scuttled by its crew – who are now being lionized in Russia by President Putin as having averted a global catastrophe – continues to get stranger and stranger. I have to admit that when the story first appeared, I had to fight the urge to blog about it immediately, because it seemed so strange. After all, within the time frame of the incident, Presidents Putin and Trump, and U.S. Vice President Pence, cancelled meetings, and we were told Mr. Putin scheduled a meeting with the Russian Defense Minister (General Shoigu), and one can only assume that the Trump-Pence cancellations were due to the same incident. The story – and the speculations – quickly grew, however, so tempted as I was to blog about it a few days ago when the story broke, I decided to wait.

PATRICK LAWRENCE: Weaponizing the Dollar

by Gareth Porter, Consortium News:

The signs are mounting steadily now. As the Trump administration weaponizes the dollarin defense of American hegemony, it is prompting many other nations to find alternatives to the U.S. currency as the default medium of exchange. The long-term implications of this swiftly advancing trend, evident among allies as well as those Washington considers adversaries, cannot be overstated: At stake is the longevity of America’s global preeminence.