from Silver Doctors: Market participants are catching a whiff of… (by Half Dollar) The price of gold is hovering around either side of $1900. Apparently, the so-called “market” “participants” are catching a whiff of geo-political stuff taking place in some far off parts of the world, as well as savoring or suffering the blazing spice of […]
http://dlvr.it/SKTWPZ
Tuesday, February 22, 2022
Kolanovic Warns Of "Non-linear Commodity Price Increases"
Kolanovic Warns Of "Non-linear Commodity Price Increases"
Gone is the Marko Kolanovic who, week after week after week would tell clients to buy the dip - and that's just in 2022 - as the S&P finally entered a correction earlier today after the latest plunge in stocks, and in his place we had a brief glimpse of this strange, crticial-thinking and skeptical creature that we haven't seen since some time in 2017 when the Croatian quant last dared to ask unpleasant questions or deliver non-goalseeked narratives that not all is well in an artificial market propped up thanks to trillions in liquidity injections.
Unlike his most recent note, when he told clients that "small caps are already in a recession" so it's time to buy the dip - just as stocks tumbled anew thanks to soaring rate hikes and the Ukraine crisis - in the latest JPMorgan view published this morning, Kolanovic writes that "geopolitical escalation over the last few days materially increased the risk of further aggravating the energy and commodity crisis developing over the past 2 years" a crisis which as recently as November Kolanovic said didn't exist, because as he calculated in November, for oil to be considered expensive, it "would need to be trading at ~$115/bbl (we say this is conservative because we have excluded “expensive assets” such as central bank balance sheets and Nasdaq, which would imply a median oil price in the $300-$500/bbl range)." Apparently, three months later oil is suddenly expensive again.
In any case, in taking a page out of the Kolanovic playbook of old where one could actually learn something instead of merely be bombarded with childish BTFD sermons that always skirted around the major risk factors and accentuated whatever the conventional wisdom bull thesis du jour war, today the JPM quant writes that "potential trade disruptions of oil, gas, grains and metals is now a significant risk for investments and the real economy" and that "portfolio managers should hedge this risk by increasing allocations to commodities, energy and materials. These allocations would serve as a hedge to inflation, geopolitical risks, and COVID reopening in what we see as a continued cycle of economic expansion. Although commodity inventories have contracted sharply, China’s share is abundant." Some more details:
The world is short Commodities. China is not. Global tradeable commodity inventories have contracted sharply over the past six months, declining in aggregate by 25% from 64 days of consumption at the peak in April 2020 to 48 today, a five year low. This drove the BCOM up 85% during the same period, to a multi-year high. While tradeable commodity stocks are critically low, it is important to acknowledge the abundance of available inventories in leading commodity consumer and importer China, to draw upon as required, which can influence import demand. China currently holds an estimated 84% of global copper, 70% of corn, 51% of wheat, 40% of soybeans, 26% of crude oil and 22% of aluminum inventories, according to our sources. Inclusive of China, global commodity inventories are at about 62 days of consumption, down 18% since the April 2020 peak
Yes China's share may be abundant, but the US is not China, where "low levels of tradable inventories have left us with few shock absorbers, which could drive nonlinear commodity price increases, particularly in light of our base case of a further rise in geopolitical tensions." Wait... when did that become the base case?
We don't expect an answer, nor do we expect Kolanovic to remain bearish - especially since JPMorgan is one of the few banks left with a 5000+ S&P price target now that even Goldman has capitulated - because after regaling clients with what may be his bearish take in years, the head of global markets strategy at JPM reverts back to his permabullish self (after all he is no high enough in the JPM org chart to be a member of the policy team having left analysis behind), and writes that "if geopolitical risks fade, we see big upside potential for Russian equities given their dislocation with oil prices", or in other words, precisely the opposite view of his nemesis, Wall Street's biggest bear, Michael Wilson, who earlier today wrote that if geopolitical risks fade, the market may bounce but will still tumble as low as 3,800 by the end of March as the late-2018 playbook repeats.
So how does Kolanovic gloss over the elephant in the room - the Fed's tightening into a slowdown/recession - to give clients a carte blanche to buy just as soon as Biden somehow teaches Putin a lesson? Well, he says that, "while equities are down ytd due to rising rates" - to which we would also add a slowing economy and collapsing earnings guidance - he notes that "historically the initial volatility around rate liftoff didn’t last and equities made new all-time highs 2-4 quarters out." Which may be true, but the Fed has only raised rates with stocks more overvalued just one time: that was in June of 1999. Everyone remembers what happened next...
... everyone, expect apparently Marko, who decides to keep digging and argues that "the start of policy tightening is usually a confirmation that the cycle has legs, rather than the signal of its end", which again is incorrect, because as we showed earlier, never before has the curve been this flat before the Fed hiked rates even once!
So how does Kolanovic address the all too real risk that the curve will invert - something his own colleague Nick Panigirtzoglou spent his last "Flows and Liquidity" discussing? Why, he doesn't and instead like any good politician simply ignores the topic saying instead that "as we don’t see the yield curve inverting or real yields reaching problematic levels this year, it is premature to talk about end-of-cycle worries."
Of course, ending on with yet another BTFD chorus would make even JPM's clients openly mock the strategist, so he had to caveat his bullish outlook somewhat, concluding that "that said, there is cause for caution as the path for optimal monetary policy is narrow in the current backdrop."
In other words, it only took trillions in lost market cap, a correction for the S&P500 and a bear market for the Nasdaq for Marko to admit that there actually are risks.
Tyler Durden
Tue, 02/22/2022 - 22:00
http://dlvr.it/SKTQ3q
http://dlvr.it/SKTQ3q
How The Pandemic Has Propelled Maritime Tech Deals To New Peaks
How The Pandemic Has Propelled Maritime Tech Deals To New Peaks
By Greg Miller of FreightWaves
Maritime tech has never seen anything like the past 12 months: a whirlwind of deals that may be just the beginning.
“Clearly, there is an influx of capital, especially over the last year, and the pace is just continuing to increase,” said Evan Efstathiou, founder of consultancy SkySail Advisors. “Shipping is in the spotlight. The volume and velocity [of deals] is on a different trajectory than we’ve ever seen before. The enthusiasm is frothy.”
According to Marina Hadjipateras, co-founder of TMV, a VC firm with funds that invest in transportation, “There is money flowing in — more than ever — so there is an opportunity for shipping and supply chain tech. Valuations are very strong and they’re continuing to rise, especially as investors are paying more and more attention to this market.”
Shipping and supply chain is “a hot topic now, as hot as health care over the past few decades,” Hadjipateras told American Shipper. “It’s trending.”
Positions of container ships, bulkers and tankers as of Thursday
Funding, company sales, IPOs
Among the many maritime tech companies getting funded in 2021: project44, $201 million; Sofar Ocean, $39 million; Xeneta, $28.5 million; NYSHEX, $15 million; DeepSea Technologies, $9.1 million; Voyager Portal, $8.4 million; Wave BL, $8 million; K4 Mobility, $5.7 million; Vizion, $3.25 million; Portcast, $3.2 million; and Greywing, $2.5 million.
The flow of new money continues in 2022. Flexport raised $935 million this month in a round led by Andreessen Horowitz, valuing Flexport at over $8 billion. Project44, which has a significant ocean presence, raised $240 million last month from investors including TPG and Goldman Sachs, at a valuation of $2.2 billion — a billion more than its valuation just eight months before.
There has also been an unprecedented number of company acquisitions involving maritime tech.
Last year, Alfa Laval bought StormGeo for $410 million; Kpler bought Clipper Data; ZeroNorth acquired Propulsion Dynamics; Lloyd’s Register acquired Greenstream; Spire bought exactEarth; Veson Nautical took over Oceanbolt; Accel-KKR bought Navis; FourKites built out its ocean offerings by buying Haven; and project44 acquired ocean platforms Clear Metal and Ocean Insights.
The acquisitions keep coming in 2022. In January, ZeroNorth bought Clearlynx and VesselsValue acquired Viamar. Informa is in the process of selling its maritime data and intelligence unit.
There have been public listings, as well. In August, Spire Global (NYSE: SPIR) began trading after a reverse merger with a SPAC; its current market cap is $437 million. In December, Windward sold $47 million of stock and listed in London (current market cap: $174 million).
Cargo and market visibility
Why the higher deal flow for shipping tech in 2021-22?
On the funding side of the equation, massive pools of money have been searching for returns in an era of historically low interest rates. According to CB Insights, startups overall received $620 billion in funding last year, by far the highest annual total ever and more than double the $294 billion recorded in 2020.
More of this money is finding its way to maritime tech because the three largest (and partially overlapping) categories of pitches — visibility, digitalization and decarbonization — are all hitting the mark simultaneously.
Visibility, as in “Where’s my cargo?,” is largely associated with container shipping. But all vessel types, including tankers and bulkers, are covered by the broader category of market visibility and ship tracking (by companies such as MarineTraffic, Kpler and CargoMetrics), with market intelligence used for decision-making, chartering, trading and investing.
Cargo visibility has received enormous attention in the COVID era, after pandemic disruptions created historic congestion and delays — and brought images of offshore traffic jams to the front page and the nightly news. From the Ever Given accident in the Suez Canal to over 100 ships waiting off Los Angeles/Long Beach to unfounded fears that the supply chain crisis would ruin Christmas, shipping has never been more in the public eye — and, in turn, the eyes of tech founders and investors, not to mention tech giants like Google.
On Wednesday, Google Cloud and Dun & Bradstreet (NYSE: DNB) announced a 10-year strategic partnership, with its first priority being “to solve the increasing challenge of managing supply chain risk.” Dun & Bradstreet will be the founding partner of Google Cloud’s Supply Chain Twin, and new solutions will be developed to “improve end-to-end supply chain visibility.”
Crunchbase called 2021 “a banner year for VC-backed supply chain management companies” and said that “funding shows no signs of breaking down.” Crunchbase data showed that $11.3 billion in funding was provided to supply chain companies, nearly double 2020 levels and 24% above the previous record year of 2019.
Chart: American Shipper based on data from Crunchbase
As more money flows toward the supply chain, more goes to the ocean sector.
During the Hellenic/Norwegian American Chambers of Commerce (HACC/NACC) shipping forum on Feb. 8, Nikos Petrakakos of Ursus Maritime Capital explained, “What has brought the initial interest in the shipping world from people who aren’t in shipping is that they realize, through these disruptions in the supply chain, that having investments in trucking and rail doesn’t necessarily alleviate everything — if one cog is not working, the whole supply chain is not working. They realize that there’s a lot of untapped opportunity in the cargo visibility side of things in the maritime industry.
“The initial attention is coming from later-stage VCs that are almost like a PE [private equity firm] looking for bigger companies and [to pay] bigger checks, whether it’s project44 or Navis, that kind of stuff. And then you also have increasing attention from the earlier-stage investors, like what Marina [Hadjipateras] is doing. There’s still a lot of different opportunities there. It’s a lot more nascent.”
“Supply visibility is huge,” said Hadjipateras. “Shipping is in the news more. People want to invest in tech that’s going to make the industry more efficient. It’s not just the niche shipping funds now. It’s also the top-tier venture funds that are focusing on this.”
Digitalization
On the increased momentum for maritime tech, Petrakakos said, “It seems to be a mix of various causes but COVID certainly has triggered some of these changes … [although] many of these things were already in motion before.”
The second big maritime tech pitch is digitalization: using technology to improve business processes and decision-making. As with visibility, COVID has acted as an accelerant.
Efstathiou told American Shipper: “Because of COVID and people working from home, companies have been forced to work differently. They’ve realized that certain processes that worked just fine when everyone was in the office weren’t working so well in a distributed workforce environment.”
Petrakakos said during the HACC/NACC event, “All the work from home has driven the digitalization side of things in shipping.”
The supply chain squeeze is yet another COVID-era driver of accelerated digitalization. Disruptions to the supply chain laid bare the need for more efficient and nimbler networks, whether cargo was on land or sea (a goal that overlaps with cargo visibility).
As Glasswing founder Rudina Seseri told Crunchbase, the supply chain industry had already realized before the pandemic that it was “going to get left behind” if it didn’t move on from pen and paper, “then COVID came and made it incredibly obvious and accelerated the adoption.”
Decarbonization
The third big pitch for shipping tech focuses on fuel efficiency and decarbonization. It spans all vessel types and provides potential for tech solutions to scale.
The push to decarbonize shipping has been ongoing for years albeit progressing at a snail’s pace. The transition will require switching to a new fuel at some point in the future, and in the interim, reducing carbon emissions from the use of existing fuels — i.e., increasing fuel efficiency.
This interim requirement appeals all around: to startup investors, founders and employees looking to advance decarbonization, and on the other side, to ship operators looking to improve environmental, social and governance (ESG) credentials and, regardless of environmental concerns, reduce their fuel costs and thereby increase their profits.
Zero-carbon targets may be decades out, but new ship efficiency rules (the Energy Efficiency Existing Ship Index, EEXI, and Carbon Intensity Index, CII) come into play next year, as does shipping’s inclusion in the EU Emission Trading System. Even more immediately, the price of ship fuel is now on the verge of breaching all-time highs set in 2011 and 2008.
Nautilus Labs is a prime example of a tech startup targeting emissions by reducing fuel consumption; it raised $11 million in Series A funding in 2019 from investors including Microsoft’s M12 and Hadjipateras’ TMS. “Nautilus’ Series A was great for the industry and they’re going to continue to do larger rounds. They will be funded again, I’m sure,” affirmed Hadjipateras.
Regarding shipping’s overall appeal to sustainability investors, she said: “A lot of people outside the shipping world look at shipping as almost the opposite of sustainability, and it’s true that inefficiencies are causing ships to emit more emissions. But shipping is integral to the world, and if investors think about the fact that they can actually do something good for the environment [by investing in platforms that reduce shipping emissions], that’s a whole different pool of money that will come in, along with the people who are experts in transportation.”
Decarbonization-COVID connection?
For visibility and digitalization, COVID’s accelerant role is clear. Whether the pandemic played a similar role in decarbonization investment is open to debate.
Tuomas Riski of Norsepower Oy said during the HACC/NACC event that the “rapid uptake right now in emission-reduction technology” in shipping has four drivers: higher-than-ever fuel prices, expectations of future carbon pricing, compliance-based demand (related to the EEXI and CII regs) and the increasing importance of ESG to companies. “This all happened in the COVID period, but I don’t think COVID has been the real catalyst behind it. These things are just happening at the same time,” said Riski.
On the other hand, if COVID-era policies push funds toward riskier bets amid a low-yield environment, and if incentives push money toward climate-aligned investments, there could be a timing connection between COVID and climate-aligned VC investing in shipping.
There might also be business sentiment and psychological links between COVID and decarbonization. Hadjipateras noted, “There was a moment in COVID [during lockdowns] when air pollution was down and everything [with emissions] was so much better and we all sort of scratched our heads and thought: We need to change things and be more efficient.”
Back in April 2020, when the Western world was in lockdown, shipping consultant Basil Karatzas told American Shipper, “Maybe COVID-19 increases people’s awareness of what’s truly important in society.”
And in July 2020, JP Morgan published a report that posited an explicit connection between the pandemic and ESG. JP Morgan maintained that the pandemic could be a “major turning point for ESG investing,” because “as a result of the radical impact COVID-19 has had on global economies in such a short space of time, many policymakers and investors are viewing the crisis as a wake-up call” and “we believe that pandemics and environmental risks are viewed as similar in terms of impact,” ergo COVID “has renewed the focus on climate change.”
What’s next?
Despite the heavy deal flow in 2021-22, maritime is still relatively untrampled territory for technology investors compared to other industries. Even when it comes to the supply chain overall, the share of total funding remains small.
Commenting on what’s next, Petrakakos said, “There’s still a lot of fragmentation in the industry so I would say there’s still a lot of consolidation that’s going to happen in the future, which will probably attract that next step of investors.” In other words, the high pace of shipping tech company sales seen in the past 12 months should continue.
Petrakakos also believes that “using the data is the next step. So far, we’re just collecting data. The next step is actually using machine learning and AI [artificial intelligence] to give us actionable KPIs [key performance indicators].”
AI prospects were likewise highlighted by DeepSea Technologies founder Roberto Coustas in recent comments to Tradewinds. AI is the key selling point for London-listed Windward, and the Google Cloud-Dun & Bradstreet partnership also pointed to AI and machine learning. Efstathiou highlighted AI and machine learning potential, too. “I think people in shipping are picking up on this more,” he said.
In general, Efstathiou said of maritime tech’s prospects: “All of the stars are aligned on the money side, so the question is: Who’s going to come out with the innovation?” The further challenge is: “How do you scale up in shipping? You still come back to that question. It’s not an easy one to answer.”
Efstathiou also sees the potential for a lot more company acquisitions, including the possibility of larger funds deploying very large amounts of cash for major maritime tech acquisitions, then using those buys as a base to continue to roll up other maritime tech companies.
Hadjipateras predicted a lot of action ahead. She sees more IPOs, although she believes this option depends on “if a company can verticalize into different forms of transportation. It’s about how big the total addressable market is.”
She also expects more company acquisitions — driven more by tech platform buyers — and even more investments flowing to startups.
“I see more funding going into all of the platforms that exist. Funding and scaling is going to happen throughout all of this year. A lot of companies are going out now [to raise money], and there’s going to be a lot more funding for the industry over the next year, which is great.”
Companies are included in the SkySail landscape if they have been screened by SkySail, verify they are commercialized, and have product-market fit. Photo: SkySail Advisors
Tyler Durden
Tue, 02/22/2022 - 19:40
http://dlvr.it/SKTBdN
http://dlvr.it/SKTBdN
The Burden Of Proof Is Always On The Ones Making The Claim (Even If It’s About Russia)
by Caitlin Johnstone, Caitlin Johnstone: Well you’ll be shocked to learn that, while the Ukraine invasion we’ve been told for weeks was happening any day now still has not occurred, the US and UK have declared that Russia attacked Ukraine in an invisible and unverifiable way for which the evidence is secret. “The White House blamed Russia […]
http://dlvr.it/SKQRlb
http://dlvr.it/SKQRlb
Monday, February 21, 2022
FOURTH TURNING 2022 – BAD MOON RISING (PART FOUR)
by Jim Quinn, The Burning Platform: In Part 1, Part 2, and Part 3 of this article I examined the power of propaganda and the use of fear to invoke a mass formation psychosis on millions of weak-minded victims of global elitist psychopaths weaponizing a flu as part of their plot to Reset the world as lords of a […]
http://dlvr.it/SKPyMV
http://dlvr.it/SKPyMV
Fourth Turning 2022: Bad-Moon Rising, Part 4
Fourth Turning 2022: Bad-Moon Rising, Part 4
Authored by Jim Quinn via The Burning Platform blog,
In Part 1, Part 2, and Part 3 of this article I examined the power of propaganda and the use of fear to invoke a mass formation psychosis on millions of weak-minded victims of global elitist psychopaths weaponizing a flu as part of their plot to Reset the world as lords of a global fiefdom, with the lowly peasants owning nothing and being happy to be permitted to live. The trillions in debt created by central bankers and debased political hacks, play acting as wise all-knowing leaders, are also part of the plan to crash the global economy and further the aims of these globalist billionaires and their parasitic front men.
The third segment of this unholy trinity has been the engineered civic decay spawned by the traitorous deeds of politicians, who have encouraged the invasion of over two million illegal freeloaders, aided domestic terrorists (BLM & Antifa) in burning and looting our cities for a year, facilitated the teaching of degeneracy to our children, and have pitted family against family, friend against friend, employer against employee, over a Big Pharma experimental therapy that doesn’t do anything but enrich those peddling it, injuring and killing millions, and tearing the last vestiges of our civil society to shreds.
In this fourth and final installment I will try to anticipate what global disorder dynamics will come into play during the remainder of 2022 and beyond, impacting the level of violence and bloodshed before this Fourth Turning reaches its fateful climax. As Strauss and Howe warned 25 years ago, the risk of catastrophe would be high, and a positive outcome was far from guaranteed. We have entered the most dangerous phase of this Crisis, where decisions by dementia ridden puppet presidents, foreign dictators, central bankers, billionaire hedge fund managers, and billionaire software makers pretending to be medical experts, will determine the future course of history.
“The risk of catastrophe will be very high. The nation could erupt into insurrection or civil violence, crack up geographically, or succumb to authoritarian rule. If there is a war, it is likely to be one of maximum risk and effort – in other words, a total war. Every Fourth Turning has registered an upward ratchet in the technology of destruction, and in mankind’s willingness to use it.” – Strauss & Howe – The Fourth Turning
“History offers no guarantees. Obviously, things could go horribly wrong – the possibilities ranging from a nuclear exchange to incurable plagues, from terrorist anarchy to high-tech dictatorship. We should not assume that Providence will always exempt our nation from the irreversible tragedies that have overtaken so many others: not just temporary hardship, but debasement and total ruin. Losing in the next Fourth Turning could mean something incomparably worse. It could mean a lasting defeat from which our national innocence – perhaps even our nation – might never recover.” – Strauss & Howe – The Fourth Turning
When reading these foreboding words regarding the potential tragic outcomes for this Fourth Turning, it is easy to dismiss as ridiculous and nothing but fear porn. The reason younger generations reject the possibility of all-encompassing war is because the last Fourth Turning ended 77 years ago and most people who experienced the horror of World War II have died, extinguishing any direct knowledge of the conflict, initiating the cycle of war once more. Each Fourth Turning has its own dynamics, catalyzing events, and individuals which propel the crisis towards its convulsive climax.
The U.S. hasn’t been in a major conflict since 1945, only military industrial complex created regional wars, designed to keep the hundreds of billions flowing to the defense industry and politicians in their pockets. War has been nothing but a racket for decades, but Fourth Turnings always plunge the nation into a chaotic life and death struggle, with a grand conflict to determine the future course of history. There are currently neocon chicken hawk warmongers in positions of power, along with bought journalistic whores pushing false narratives about Russia, who aren’t satisfied with peace, pushing for war. This cyclical extreme is destined to lead to war.
“The ancients believed that each cyclical extreme, mirroring the hopes and fears of the other, helps generate the other. The night longs for the day, the day for night. In war, people yearn for relief from strife, leading to peace. In peace, people yearn to champion what they love, leading to war.” – Strauss & Howe – The Fourth Turning
The global disorder sweeping the world is multi-faceted, but it is all interconnected and can be tracked back to Soros, Schwab, and their globalist billionaire cabal. Never ending war is good business in an empire of lies. When in doubt about the intentions of politicians, world leaders, mainstream media talking heads, and self-proclaimed military experts, always follow the money.
As Smedley Butler proclaimed during the last Fourth Turning, war has always benefited the rich, while young men die on battlefields as cannon fodder. The CIA initiated regional Middle East conflicts, propelled by CNN, MSNBC, Fox, and the rest of the government-controlled media, have kept the hundreds of billions flowing to the military industrial complex for decades and coffins arriving at Dover airbase.
“War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives. A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small ‘inside’ group knows what it is about. It is conducted for the benefit of the very few, at the expense of the very many. Out of war a few people make huge fortunes.” – Smedley Butler
The current drumbeat for war being disseminated by Biden, his handlers, congressional psychopaths on both sides of the aisle, the neocon media, and Soros bribing “experts” to support war against Russia, is the perfect example of the ruling class trying to engineer a war to add to their fortunes and distract from their vile machinations. George Soros acknowledged, in an interview with CNN, that he actively contributed to the overthrow of former Ukrainian President, and ally of Putin, Viktor Yanukovych in 2014.
The CIA and Soros installed their puppet Poroshenko as the illegitimate president, prompting Mr. Putin to annex Crimea, as Obama and his effeminate Secretary of State blustered and did nothing. Meanwhile Biden and his family harvested millions, peddling his influence for financial gain.
Soros’ foundation is most certainly funding the disinformation campaign about Putin invading Ukraine at any moment. While the current president of the Ukraine, NATO, and Putin have attempted to defuse the situation and assure the world an invasion is not imminent, the Biden administration and the neocons in Congress and the media continue to beat the drums of war and spew propaganda in an effort bolster the bottom lines of arms dealers and billionaires pulling the strings behind the curtain. The war pigs will always rapaciously feed at the bottomless trough of fiat slop provided by the Fed and feckless whore politicians.
Most of the global disorder is purposely created by the ruling oligarchs, to keep billions flowing into their coffers, while their puppet central bankers keep their printing presses operating at hyper-speed generating the debt necessary to keep waging endless war. War might be a racket, but debt creation is the lifeblood of the racket, and the Fed is the racketeer. The captured corrupt politicians occupying D.C. at the behest of the monied interests who selected them to be “elected” by the clueless dupes thinking their vote mattered, sell their souls to the highest bidder.
Transferring the tax dollars absconded from you at gunpoint (aka the tax code) into the pockets of arms peddler conglomerates can only be done with the acquiescence and succor of Powell and his electronic printing press. The never-ending creation of debt is the lifeblood of war and the root of the global disorder engulfing the world.
The hyperbolic screeching from Biden, Blinken, their band of petulant pretender foreign affairs “professionals”, those in the pockets of the military industrial complex, the toadies in the corporate media, and neo-cons who have never met a war they didn’t want to wage, is pushing this country towards conflict with a nuclear power led by a serious man who will not be intimidated by amateurs.
Despite the fact the Ukraine has no strategic interest to the United States, Biden’s handlers are having him threaten, bluster, and ratchet up the invective towards Russia and Putin, as if this is nothing more than a harmless game of Risk they played as kids. Their propaganda efforts are producing the desired effect, just as it has done during the two-year flu fear-fest. Even though there is absolutely no threat to our nation or security, almost three quarters of Americans think we will go to war in the next twelve months. That $770 billion defense budget needs to be spent somehow.
While the Ukraine situation approaches the boiling point, the focus on China has been diverted, especially with their least watched Olympics in history winding down. China has been at war with U.S. for at least a decade, infiltrating our universities, buying influence in our medical, media, financial industries, positioning Manchurian candidates throughout our political system, controlling media messaging, stealing our military and technology secrets, and destroying our economy with their bio-weapon virus.
This behind the curtain warfare has begun to blossom into traditional warfare, with the posturing and threats regarding Taiwan. China and Russia have been increasingly teaming up economically, financially, and militarily to create a buffer against U.S. global hegemony which has been unimpeded since 1946, the end of the last Fourth Turning. There is a distinct chance America’s crumbling empire of debt will not retain its world dominance when the climax of this crisis ensues over the next five to ten years.
Global disorder encompasses more than just major global war between superpowers, with multiple scenarios involving Iran, Israel, Saudi Arabia, Turkey, India, Pakistan, and Iraq capable of igniting a broader conflict and driving oil prices into the stratosphere. The wars fought since the last Fourth Turning have been nothing more than skirmishes, despite the immense death, destruction, and financial cost of waging those wars.
A winner takes all struggle to the death confrontation is what brings a Fourth Turning to its bitter end, with the victor taking the spoils and writing the history, while the vanquished is left in ruins. As we begin 2022 most people are oblivious to the potential level of violence and bloodshed likely over the next few years. Americans were just as oblivious in 1860 and then eighty years later in 1940. The level of anger towards tyrannical government leaders sweeping the globe will be channeled and directed for good or bad in the very near future.
Fourth Turnings occur because human nature never changes. Those who rise to power are always driven by power, control, and wealth. Their egos are large, and they are driven by greed and seeking the accolades of others. Their hubris and influence seeking are often more powerful than their intellect or moral character.
Mistakes in judgement or failure to recognize the intent of their enemies, often leads to disastrous consequences for their citizens. We are currently facing situations on multiple fronts, where having a senile puppet president puts the world in mortal danger. Biden’s calamitous domestic record after one year is leading his handlers to push for a foreign conflict to distract from their imploding domestic agenda and economy destined for recession before the end of the year.
Most countries in the western world, along with China & Russia, also have economic problems created by politicians playing the roles assigned to them by Schwab and the globalist Davos billionaires. The cataclysmic actions taken by these spineless corrupt flunkies and feckless central bankers acting on behalf of the Wall Street cabal, have destroyed global economies, extinguished small business entrepreneurs, ignited raging inflation (devastating the finances of the poor and working class), ruined global supply chains, drove energy prices higher, and have insured a global recession within a year.
What do politicians and dictators do when their economies are falling apart? They look for a foreign conflict in order to rally the ignorant masses around the flag. And then someone does something stupid and all hell breaks loose. When hell breaks loose it’s not the politicians or central bankers who will die in battle, it’s our sons used as cannon fodder to feather the nests of globalist billionaires hiding in their secure penthouse suites or behind high walls with armed guards. Global tyrants in pissing matches are a major driver of global disorder, but when the tyrants start pissing on their own subjects, a new level of disorder is unleashed.
The totalitarian measures being inflicted upon Canadian citizens exercising their freedom to peacefully protest illegal vaccine mandates should be a wake-up call for all Americans. Trudeau and his jackboots are trampling the rights of good people. He has pulled off his socialist mask to reveal himself to be a full-fledged communist dictator, wielding a truncheon against blue collar truck drivers, women, children, and using the full force of his despotically seized “emergency” powers to seize bank accounts and destroy the lives of people who are the backbone of the Canadian economy.
This entire manufactured health “crisis” has been used by Schwab’s acolytes like Trudeau, Ardern, Macron, and the other WEF Global Young Leader graduates, to implement the Great Reset by destroying their countries in order to build back better, where they own it all and we own nothing.
The western world has been socially engineered and propagandized into enemy camps, with those cherishing freedom, liberty, free speech, and the Bill of Rights at odds with those insisting on total government control, mandates, regulations, censorship, and the use of force to inflict their beliefs upon everyone.
The divide in this country, Canada and across Europe has never been wider, with daily skirmishes across social media, at school board meetings, in workplaces, and increasingly in the streets, is threatening to breakout into full-fledged civil war, with the flames fanned on a daily basis by the treasonous scum in the corporate media spreading lies, misinformation, and malicious contempt for societal norms in order to create chaos, hatred and havoc.
With those pulling the strings of society purposely trying to tear down institutions, invoke the insanity of woke prophets (profiteers), destroy the lives of those who dare stand up to their insane ideology, and using fear to control the masses, only a minority of freedom loving patriots stand in the way of our nation’s destruction.
It seems clear to me the level of internal and external chaos on a global scale is approaching a crescendo and it will not dissipate before war breaks out within our borders and across the world. With global supply chains already broken, energy and food prices skyrocketing, and shortages of technology components, the fragility of our just in time supply system is in peril. The Canadian Freedom Convoy has inspired millions around the world to resist their authoritarian statist overlords.
Truckers are the lifeblood of our economic system, and if they refuse to drive those trucks our society will self-destruct rapidly. Beating and imprisoning those who sustain your society is not a brilliant strategy, but that is what Trudeau, and his ilk are doing. When the hordes of starving peasants descend upon the gated estates of the ruling class, all of their theoretical build back better bullshit won’t do them a damn bit of good. They have provoked this conflict, but are they sure their police thugs and woke military recruits will have their back permanently?
“The Party seeks power entirely for its own sake. We are not interested in the good of others; we are interested solely in power. Not wealth or luxury or long life or happiness: only power, pure power. We know that no one ever seizes power with the intention of relinquishing it. Power is not a means, it is an end. The object of persecution is persecution. The object of torture is torture. The object of power is power. Now do you begin to understand me?” ― George Orwell, 1984
Trudeau, Biden, Macron, Johnson, and lesser tyrants like Newsom, Whitmer, Murphy, Lightfoot, and DeBlasio have used the plandemic as the means to seize power through illegal emergency power declarations and have no intention of relinquishing this ill-begotten authority unless forced to do so by the people they are suppressing and abusing. Schwab and the globalist billionaires he represents trained and indoctrinated most of the global leaders who are now attempting to implement a controlled demolition of western democratic societies and the market based financial systems which had given rise to increasing prosperity until the dawn of this century.
When republics devolve into democracies the seeds of its destruction are planted and when free market capitalism mutates into a globalist scheme of corporate fascism, permanent enslavement or revolution are the only two options for the citizens. Blood will need to be shed before these petty tyrants are rightfully eliminated from power.
At this point, the question remains as to how much bloodshed and whose blood will be spilled before this Fourth Turning reaches its historic culmination. The catalyst for this Fourth Turning was, and still is, the self-induced destruction of our financial system by evil men seeking ungodly material wealth on earth. Everything the ruling class has done since 2008 has been to prop up a bankrupt system in order to retain their wealth, power, and control.
They have run out of runway and are about to crash the global economic system. It looks increasingly likely it will happen in 2022, as they have created an unsolvable financial dilemma, which insures a recession/depression and the extinguishment of trillions in faux wealth in the stock market and housing market.
Their arrogance and egotistical belief in their own intellectual powers make them think they can pull off this controlled demolition unscathed, while retaining their positions of power through utilizing the levers of propaganda, police state thuggery, military might, surveillance state technology, and certainty the willfully ignorant masses will do as they are told. Of course, the best laid plans of tyrants don’t always pan out as expected.
A global recession, stock market crash, and supply chain implosion will set off an uncontrollable chain reaction which will ignite the global conflagration and lead to civil and global war. We were warned, but most did not heed the portent to prepare. There will be no way to escape what is coming, but we must realize who stands on the side of good and who embodies the evil currently in control of our government, media, universities, military, medical and financial institutions.
“The core elements of these scenarios (debt, civic decay, global disorder) will matter more than the details, which the catalyst will juxtapose and connect in some unknowable way. If foreign societies are also entering a Fourth Turning, this could accelerate the chain reaction. At home and abroad, these events will reflect the tearing of the civic fabric at points of extreme vulnerability – problem areas where America will have neglected, denied, or delayed needed action.” – The Fourth Turning – Strauss & Howe
It is easy to dismiss or ridicule the terms good and evil because there has been a concerted effort by the political class and their media mouthpieces to blur the distinction between the two, just as they have done by fostering the belief abnormal immoral behavior should be celebrated and promoted, while normal moral behavior should be scorned and ridiculed. The religious based concepts of good and evil are clear and concise, therefore they do not allow lackey politicians and the true ruling class of elites the leeway to lie, cheat and steal their way to power, control, and wealth. These terms have meaning and usefulness in assessing the character and integrity of those we associate with and those we elect to represent our interests.
The last two years have not been a medical emergency, but a test of critical thinking skills and the ability to discern between liars, thieves, money whores, and the forces of evil versus truth tellers and those committed to freedom, liberty, and the forces of good.
Aleksandr Solzhenitsyn, one of the bravest truth-telling men of the 20th Century, understood the concepts of good and evil better than anyone, as he was exposed to the excruciating evilness of the Soviet Union and the communist henchmen who carried out Stalin’s evil doctrine of imprisonment and murder. Both good and evil reside in the human heart, and it is our free will which leads us towards the light or the darkness.
Our world has become shrouded in darkness, with evil permeating from every fiber of our WEF indoctrinated leaders and the globalist elites (Schwab, Soros, Gates, Bezos, Zuckerberg, et.al.) running the world. The world is awash in nurtured falsehoods, perpetual disinformation, fake news, fear propaganda, and outright lies. It’s enough to drive a good person mad. We can not bow down to evil. Solzhenitsyn and Orwell saw communism for what it was – pure evil. We must cling to the truth at all costs, no matter the consequences, for our children and their children.
“You can resolve to live your life with integrity. Let your credo be this: Let the lie come into the world, let it even triumph. But not through me.” – Aleksandr Solzhenitsyn
“Being in a minority, even in a minority of one, did not make you mad. There was truth and there was untruth, and if you clung to the truth even against the whole world, you were not mad.” ― George Orwell, 1984
As I have laid out, the battle between good and evil has already commenced, with an uncertain outcome hanging in the balance. Human beings and their nature have not changed across the centuries. They are susceptible to emotions and miscalculations. With the level of global disorder at extremes, some world leader is going to make a mistake and initiate the next bloody chapter of this Crisis. That is a certainty. Each Fourth Turning has seen huge technological advancements which make killing and destruction far easier and lethal.
If and when war comes, it will be less likely to be on a traditional battlefield and more likely to be waged by government sanctioned computer hackers paralyzing key infrastructure, the power grid, satellites, the internet, and your linkage to modern day niceties. There will be no Pickett’s Charge or D-Day Invasion. Starvation and freezing to death are more likely than glorious battlefield victories. It is doubtful any of us are truly prepared for the type of war which will be waged. And that’s if some reckless tyrant doesn’t use their nukes, commencing an Armageddon scenario.
Strauss & Howe offered four sobering conclusions to our current Crisis, likely to play out over the next five to ten years. All the exertions of good people, following the path of righteous truth, should be focused on defeating the evil forces, allowing a new High to commence, leaving our children with a renewed republic and hope for the future. It’s all we can do.
*
This Fourth Turning could mark the end of man. It could be an omnicidal Armageddon, destroying everything, leaving nothing. If mankind ever extinguishes itself, this will probably happen when its dominant civilization triggers a Fourth Turning that ends horribly. For this Fourth Turning to put an end to all this would require an extremely unlikely blend of social disaster, human malevolence, technological perfection, and bad luck.
*
The Fourth Turning could mark the end of modernity. The Western saecular rhythm – which began in the mid-fifteenth century with the Renaissance – could come to an abrupt terminus. The seventh modern saeculum would be the last. This too could come from total war, terrible but not final. There could be a complete collapse of science, culture, politics, and society. Such a dire result would probably happen only when a dominant nation (like today’s America) lets a Fourth Turning ekpyrosis engulf the planet. But this outcome is well within the reach of foreseeable technology and malevolence.
*
The Fourth Turning could spare modernity but mark the end of our nation. It could close the book on the political constitution, popular culture, and moral standing that the word America has come to signify. The nation has endured for three saecula; Rome lasted twelve, the Soviet Union only one. Fourth Turnings are critical thresholds for national survival. Each of the last three American Crises produced moments of extreme danger: In the Revolution, the very birth of the republic hung by a thread in more than one battle. In the Civil War, the union barely survived a four-year slaughter that in its own time was regarded as the most lethal war in history. In World War II, the nation destroyed an enemy of democracy that for a time was winning; had the enemy won, America might have itself been destroyed. In all likelihood, the next Crisis will present the nation with a threat and a consequence on a similar scale.
*
Or the Fourth Turning could simply mark the end of the Millennial Saeculum. Mankind, modernity, and America would all persevere. Afterward, there would be a new mood, a new High, and a new saeculum. America would be reborn. But, reborn, it would not be the same.
* * *
The corrupt establishment will do anything to suppress sites like the Burning Platform from revealing the truth. The corporate media does this by demonetizing sites like mine by blackballing the site from advertising revenue. If you get value from this site, please keep it running with a donation.
Tyler Durden
Mon, 02/21/2022 - 22:40
http://dlvr.it/SKPx2S
http://dlvr.it/SKPx2S
Wife Claims ‘Cover Up’ as Judge Rules John McAfee Died By Suicide and Still Holds Body — After 8 Months
by Matt Agorist, The Free Thought Project: Since his death last June, the internet has abounded with conspiracy theories over how John McAfee died. Adding fuel to the conspiracy fire was the fact that the Spanish government — who was holding him on charges of tax evasion to be extradited to the United States — […]
http://dlvr.it/SKPrmX
http://dlvr.it/SKPrmX
Subscribe to:
Posts (Atom)


