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Goodbye empire? US sanctions are failing in the face of multipolarity

Putin Xi Jinping
© Greg Baker/Pool Photo via AP, File
Russia's President Vladimir Putin, right, reviews a military honor guard with Chinese President Xi Jinping during a welcoming ceremony outside the Great Hall of the People in Beijing, June 8, 2018.
Foreign Affairs, a highly influential US magazine - effectively a US empire house journal - has published an article detailing how sanctions are quickly losing their efficiency as a weapon in Washington's global arsenal.

Published by the Council on Foreign Relations NGO, Foreign Affairs provides space for officials within the US military industrial complex to communicate with one another on matters they believe to be of the utmost significance. Therefore, it is important to pay attention when the magazine makes major pronouncements on any issue.

It recently published an appraisal of US sanctions - the conclusion being that they are increasingly ineffective, have prompted Beijing and Moscow to create alternative global financial structures to insulate themselves and others from punitive actions, and that Washington and its acolytes will no longer be able to force countries to do their bidding, let alone destroy dissenting states, through such measures in the very near future.

Comment: It's been apparent for quite some time that when you sanction dozens of powerful countries which make up the global economic infrastructure, that these countries will then find alternatives to survive. It only takes basic common sense to see this, but wishful thinking and denial of reality are among the chief weaknesses among the powers that be.


Attention

Yale geniuses say Russia not needed - Logic and common sense say otherwise

Russia on Globe
© New Eastern Outlook
What is the price of a Yale professor? If you wanted to buy one lock, stock, and barrel, depending on what you want to use one (or two) for, the cost could be pretty steep. More often than not, today's Ivy League know-it-all types seem like soap salespeople. Whoever supplies the grant money gets the squeaky brain grease.

Take the current superheated Russophobia as an example. Many of the western world's most successful and respected professors publish "research" that looks more like tabloid journalism. It's the trend. Or, I should say, outlandish analysis is now acceptable in any form as long as the desired "truth" is presented. A recent study at Foreign Policy entitled "The World Economy No Longer Needs Russia," is just dumb from the title to the summary. Yes, I just said Yale's Jeffrey Sonnenfel, and Steven Tian are both obtuse with reality. Or else they feel confident that we are. Let's take their high-profile genius analysis from the start, just to show you what I mean.

First, the two Yale scholars claim that Russia Vladimir Putin has been holding the global economy hostage until the world services his whims. It's a lie, of course. It was not Russia that blew up the Nordstream pipelines, and Putin has said gas is often available for all who will buy it. How can the Russian president possibly hold Europe or America, hostage, when both countries have the gun to their heads? These Ivy League chums of Biden are ridiculous. The authors spew about Europe's utter dependence on Russian natural resources, then bound off into never never land with this:
"Now, as we approach the one-year anniversary of Putin's invasion, it is apparent that Russia has permanently forfeited its erstwhile economic might in the global marketplace."
Take note. It's "Putin's invasion," but no mention that America and the Europeans lied about the Minsk accords to create a Ukrainian NATO base under the Russians' noses. Former German Chancellor Angela Merkel and France/s François Hollande just told the world the peace deal was a sham to give Ukraine time to rearm. The sinister nature of the whole Euromaidan affair, the eight years of hammering the separate eastern republics with artillery, and Joe Biden's insane "all-in policy" for arming Ukraine to death, it's like watching a lunatic asylum set loose in Washington.

Bad Guys

Aid to Ukraine exceeds cost of 2011 Afghanistan surge

US Weapons Ukraine
© Mauricio Campino / U.S. Air Force / AP
American aid to Ukraine has eclipsed the annual expenditure of "endless" wars in Afghanistan and Iraq.

As the protracted war between Ukraine and Russia continues unabated, congressional lawmakers and President Joe Biden have appropriated $110 billion in military and economic aid to Ukraine.

Some pro-Ukraine advocates have contended that the costs of aiding Ukraine's fight with Russia amounts to "peanuts" in "grand strategy terms."

Trita Parsi, the executive vice president of the noninterventionist Quincy Institute, disputed the narrative from these pro-aid analysts.

Brick Wall

Border agents confirm 1.2 million 'gotaway' migrants under Biden administration

Biden border
© JIM WATSON/AFP via Getty Image
US President Joe Biden speaks with a member of the US Border Patrol as they walk along the US-Mexico border fence in El Paso, Texas, on January 8, 2023.
U.S. border agents have confirmed that 1.2 million illegal migrants "got away" from authorities while crossing the border under President Biden's administration, U.S. Customs and Border Protection (CBP) sources told Fox News on Sunday.

CBP tracks hundreds of thousands of migrant encounters at the U.S.-Mexico Border every month, but that stat does not include the number of known "gotaways," or migrants who were detected by authorities but not apprehended. Since Biden entered office in January 2021, border crossings have exploded, and at least 1.2 million migrants successfully evaded authorities.

The first half of Biden's four-year term saw monthly border encounters rise from 101,000 in February 2021 to 251,000 in December 2022, according to CBP stats.


Fire

Son of Democrat House Minority Whip Katherine M. Clark arrested for assaulting cop during Boston Antifa event

Katherine M. Clark son antifa
The son of Democrat House Minority Whip Katherine M. Clark was reportedly arrested during an Antifa riot in Boston, Massachusetts after allegedly vandalizing personal property and charged with assaulting an officer while resisting arrest Saturday night.

According to the Boston Police Department, at about 9:30 pm officers responded to a protest at the Parkman Bandstand Monument located in the Boston Common. "Upon arrival officers observed an individual defacing the monument with spray paint. The tagging read 'NO COP CITY' and 'ACAB,'" authorities stated. The phrases are commonly utilized by anti-police Antifa activists, including the ones rioting in the Atlanta "autonomous zone."

The suspect was later identified as Jared Dowell, 23, of Melrose. AntifaWatch pointed out that the suspect is likely the child of the Democratic politician.

Comment: See also:


Megaphone

Justin Trudeau SWARMED in Hamilton by protesters calling him a tyrant, demanding his resignation

trudeau mobbed swarmed
A tense scene unfolded in Hamilton Ontario as Justin Trudeau attempted to make his way to a bar for a function during his cabinet retreat.

Canadian freedom protesters waving maple leaf flags and carrying signs that read "F*ck Trudeau" yelled "You f*cking tyrant!" and "Resign!" at the embattled Prime Minister who has embraced division, authoritarianism and censorship during his tenure.

True North's Harry Faulker captured the scene on Twitter:


Comment: See also:


Control Panel

A Hard-Edged Rock: Waging economic warfare on humanity

BlackRock


W
hy is much modern food of inferior quality? Why is health suffering and smallholder farmers who feed most of the world being forced out of agriculture?

Mainly because of the mindset of the likes of Larry Fink of BlackRock - the world's biggest asset management firm - and the economic system they profit from and promote.

In 2011, Fink said agricultural and water investments would be the best performers over the next 10 years.

Fink Stated:
"Go long agriculture and water and go to the beach."
Unsurprisingly then, just three years later, in 2014, the Oakland Institute found that institutional investors, including hedge funds, private equity and pension funds, were capitalising on global farmland as a new and highly desirable asset class.

Recycle

Wave of top Ukrainian officials resign, huge corruption scandal reveals Western aid embezzled

Congress Zelensky Washington

FILE PHOTO: US newspaper, citing NATO and Ukrainian officials, claims Zelensky wants to first secure some military victories against Moscow
The Ukrainian government on Tuesday confirmed the resignation of multiple high ranking officials amid large-scale corruption allegations, in what's being called the biggest mass resignation and graft scandal since the Russian invasion began.

Some dozen officials have quit their posts after a huge political shake-up over allegations and probes into cases ranging from bribery, to mismanagement of aid funds for purchasing food, to embezzlement, to driving expensive cars while common people suffer under wartime conditions.

A top presidential adviser and four deputy ministers - among these two defense officials, along with five regional governors were forced out of their posts. And among the regional governors to step down included officials overseeing regions which have seen intense fighting, including the Zaporizhzhia and Kherson regions, where Russian forces have lately reported gains.

Comment: There are a number of signs that point to something significant coming up for NATO's proxy war against Russia in Ukraine:

Also check out SOTT radio's: NewsReal: Germany Sending Tanks to 'Save Ukraine' - WEF Meets to 'Save The Planet'


As well as the following analysis from The Duran, and then Colonel Macgregor:






Calculator

El Salvador pays off $800 million bond using bitcoin, avoids indebting itself to IMF

President Nayib Bukele

President Nayib Bukele
El Salvador's $800 million bond issue set to mature on Tuesday has been repaid with interest, President Nayib Bukele said on Twitter.

Finance Minister Alejandro Zelaya confirmed the same news on his Twitter account.

"In the past year, almost every legacy international news outlet said that because of our 'bitcoin bet,' El Salvador was going to default on its debt by January 2023 (since we had an 800 million dollar bond maturing today)," Bukele said. "Literally hundreds of articles."

Comment:



Translation:
And his lies were received by investors as the truth. They caused bonds to fall sharply. Over time they understood that it was different and the bonds resurfaced. Today, the lie fell completely. There was no default, the one that they advertised for months.
See also: Major crypto hub issues bankruptcy warning


Fire

Banking institutions quietly admit to inevitable recession implosion in 2023

Hindenburg
As the Federal Reserve continues its fastest rate hike cycle since the stagflation crisis of 1980, a couple vital questions linger in the minds of economists everywhere - When is recession going to strike and when will the Fed reverse course on tightening?

The answers to these queries are at the same time simple and complex: First, the recession has already arrived. Second, the Fed is NOT going to reverse course, though they will probably stop tightening for a time.

The technical definition of a recession in the US is two consecutive quarters of negative GDP growth. We already experienced that in 2022, which led the Biden White House and puppet economists within the mainstream media to change the definition. The Federal Reserve also ignored deflationary signals throughout the last year and evidence suggests the central bank along with the Biden Administration even tried to hide the downturn with false employment numbers.

For a few years I have predicted that the establishment would shift into a monetary tightening phase and they would continue with interest rate hikes and balance sheet reductions until markets break and the system destabilizes. That prediction has proven accurate so far, and the evidence shows that elements of a financial black hole have already been created.