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"I say that [Trump] is the best American President, not because his policies are good, but because he is the most transparent president… Trump talks transparently, saying that what we want is oil. This is the reality of American policy, at least since WWII." ~ Syrian President Bashar al-Assad, interview given to al-Sourya and al-Ikhbarya TVs, October 2019
By Catherine Austin Fitts
With Western leaders—from Bank of England Governor Mark Carney to French President Macron—openly declaring the failure of the unipolar empire, the shifts in global cultural and political alignments are accelerating.
Russia and China have created a new partnership. The United Kingdom is on its way to Brexit, leaving Germany as the even more dominant power behind the European Union and the euro.
Having lost the Israeli election, Netanyahu is waiting to hear if he will be indicted. The Saudis are being forced to take Aramco public and list the stock on their own markets. It looks like the U.S.-Israel-Saudi coalition in the Middle East is coping with the failure to execute the "seven countries in five years" plan.
This week, the Saker joins me for our quarterly review of these hot spots, including discussing what the shifts in Syria mean, the U.S.-Ukraine swamp circus that has replaced the Russian canard in Washington, and growing global protests and pushback against central control.
For Let's Go to the Movies, I recommend watching The New Silk Road from Germany's public broadcasting company Deutsche Welle. Many of the ongoing geopolitical changes result from a rising Asian economy and the creation of a land empire from China through Eurasia to Europe. Visiting the places and projects featured in this documentary gives a feel for the building that is underway. It is clear that China is providing financial and operational leadership. The important question, however, is: Who will command and control the equity ownership all along the Silk Road? That's the real fight in today's geopolitics.
Our discussion will be recorded this coming Wednesday, so send questions for the Saker by Tuesday or for me by Wednesday to Ask Catherine or post them at this week's Money & Markets commentary here.
Talk to you Thursday!
I had a discussion about this documentary with an old friend which I feel is true and to the point, “China is very good at exporting and taking advantage of third world corruption, and some countries don’t need encouragement”.
Yes. It was the same for USA. I was always struck by how disgusted the top people would get by the ease with which everyone could be bought – and at what cheap prices. They used to find it depressing.
Greetings
Adding some comments on why is Trump being Trump.
Donald Trump has been a devotee of positive thinking since his childhood. He was student and close friend of the Reverend Norman Vincent Peale. Peale’s book “The Power of Positive Thinking Trump learned the great secret, “the mind can overcome any obstacle”.
Combine that belief with little structure allows a person to be imaginative and entrepreneurial to open the door to make things happen. And it allows shifting the boundary on what can be achieve.
Listening to Trump’s speeches since becoming President shows he has become a charismatic President similar to a magician casting a spell over the audience. Probably has to do with the attraction of his self-confidence.
But why is there so much negative energy by the establishment (structure) towards him?
“What disturbs men’s minds is not events but their judgements of events” Epictetus
The Saker’s point about there being no such entity as “judeo-christian” is extremely important – Orthodoxy is absolutely opposed to Talmudic Judaism. Western heretical post-schism sects (Roman Catholic–>Protestant). This is the major issue with zionist christians evangelicals in the US. The vast majority of foreign aid to Israel comes at the hands of Zio-christians who are theologically and historically illiterate, and financially supporting the embodiment of anti-christ in the form of genocidal apartheid, the most racist people in existence (God’s chosen?).
Very interesting documentary about China’s expansion. Heartbreaking to see old traditional cultures and ways of life being destroyed by the new brash power. The same happened though in Eastern Europe (Central Asia too, no doubt) under the advance of the West after the fall of communism. It’s no difference, for the local culture, whether their way of life is destroyed by the West or China – same disaster. Just that you cannot find too many sensible documentaries about how it looks to have your city invaded by McDonalds or Starbucks, and your culture debased by Disney and Hollywood – as you seem to have about whatever the names of their equivalents from China are. Empires will be empires. Old ones will fall, new ones will arise. Not much chance to change that, I think – runs through history like a scarlet thread of murder. Documentaries like these, while very informative about China’s rise, seem oblivious of the effects of the American empire – or, before it, the European empires. A very sad chronicle – sadder as nothing seems to change much through the ages.
Excellent point. Nice to hear from you, Levana!
I keep on hearing about a reset, from multiple sources. But not a lot of information what this reset will look like or how to protect yourself financially. I suspect we will have inflation, so I have a large holding of REITs, But these too will crash with a stock market. Then of course I have gold, but not physical gold. I do not think I would want to survive in a Mad Max world, so I am planning as if there is some semblance of the current system. We have taken precautions for an interruption in water, food and electricity.
I am Canadian born living in Toronto.
Kathleen:
I have been listening to fear porn about a reset for 20 years. Meantime, a reset is happening on an ongoing basis – I call it the slow burn. Check out a website called the Chapwood Index. Although it is US data, it will apply more or less to Toronto. Inflation is here. I Will address your question in Ask Catherine this week. One ongoing aspect of the reset is a push to “crash up” the stock market. I strongly recommend you listen to or read the 3rd Quarter Equity Overview – the transcript is up.