Welcome to Sott.net
Fri, 05 Nov 2021
The World for People who Think

Puppet Masters
Map

Arrow Down

Russia undercuts US dollar dominance by shifting trade to local currencies

dollar drop shredder grinder
© Getty Images / photovideostock
Russia has nearly halved the share of the US dollar in trade with India and China and continued to reduce the use of the greenback in deals with the EU, sticking to its pledge to de-dollarize the economy.

It's the first time that the dollar has lost the leading position in Russia's export trade with its main trading partners. As of the end of the first quarter of 2019, more than 75 percent of Russian exports to India were paid for in rubles. Local currency trade has nearly quadrupled compared to the same period last year and more than doubled since the end of 2018.

Comment:


Sheriff

American 'wild, wild West' needs taming, but politicizing cold-blooded murder the wrong way to do it

cowboy gunfire
© Global Look Press / ZUMAPRESS / Metro-Goldwyn-Mayer (MGM)
Hearts of the West, 1975
This weekend witnessed another politically-fueled hate-fest in the US as liberals raged against Donald Trump, blaming him for two mass shootings in as many days. Welcome to US election season.

Second only to the news of innocent people having their lives cut tragically short is the realization that there are individuals who would use those deaths to advance an agenda, invariably a political one. And so it happened with a mass shooting in El Paso on Saturday, followed up just hours later with another in Dayton, Ohio - another 29 Americans added to the growing list of victims in the most heavily armed nation in the world.

Yet the public response to those cold-blooded murders fell far short of the decorum the occasion required. Twitter, for example, our electronic town square for exchanging ideas and so much more, lit up like some kind of Stephen King amusement park where the evil clowns had locked the front gates and seized control. Thus, we were treated to a host of puerile, expletive-filled rants against Donald Trump, as if the 45th president of the United States himself had pulled the trigger in those savage attacks. Unfortunately, those sort of deranged opinions are par for the course. That's the beauty of democracy; before you are able to hear from a single Nobel laureate you must deal with the opinions of 10,000 maniacs first.

USA

America's elites are fractured - And primed to either destroy or self-destruct

us soldiers explosion
Something is 'up'. When two Financial Times columnists - pillars of the western Establishment - raise a warning flag, we must take note: Martin Wolf was first off, with a piece dramatically headlined: The looming 100-year, US-China Conflict. No 'mere' trade war, he implied, but a full-spectrum struggle. Then his FT colleague Edward Luce, pointed out that Wolf's "argument is more nuanced than the headline. Having spent part of this week among leading policymakers and thinkers at the annual Aspen Security Forum in Colorado," Luce writes, "I am inclined to think Martin was not exaggerating. The speed with which US political leaders of all stripes have united behind the idea of a 'new cold war' is something that takes my breath away. Eighteen months ago the phrase was dismissed as fringe scaremongering. Today it is consensus."

A significant shift is underway in US policy circles, it seems. Luce's final 'take' is that "it is very hard to see what, or who, is going to prevent this great power rivalry from dominating the 21st century". It is clear that there is indeed now a clear bi-partisan consensus in the US on China. Luce is surely right. But that is far from being the end of it. A collective psychology of belligerence seems to be taking shape, and, as one commentator noted, it has become not just a great-power rivalry, but a rivalry amongst 'Beltway' policy wonks to show "who has the bigger dick".

Comment: If the US does something stupid, the others will smack it. And that'll be the end of it. More likely though, US braggadocio is inversely proportional to its aggressive capabilities, which are diminishing in a Russian-Chinese-led world.

100 years? They wish! This thing is almost running on empty. It certainly hasn't got more than a decade left in the engine.

See also:


Attention

Pakistani PM Kahn ACCEPTS Trump's offer of mediation, spurring India to revoke Kashmir's autonomy

Trump/Khan
© Reuters/Jonathan Ernst
US President Donald Trump • Pakistani PM Imran Khan • July, 2019

Comment: The legacy media never saw this coming!

After mocking Trump for offering to mediate between India and Pakistan over the status of Kashmir and the two nuclear-armed powers' recent dangerous border clashes, suggesting he was ignorant for world affairs and wholly incapable of doing so, the Pakistani PM has accepted his offer...


Donald Trump should help Islamabad and New Delhi resolve their differences over disputed Kashmir, the Pakistani PM said. The US president earlier claimed his mediation was requested by India, but Indian officials denied this.

"President Trump offered to mediate on Kashmir. This is the time to do so as the situation deteriorates there," Khan tweeted on Sunday.
He was referring to what Trump said during their present meeting, suggesting that Indian Prime Minister Narendra Modi had asked him to be a mediator between India and Pakistan. Indian officials denied such a request was ever made and said India will only speak to Pakistan about the Kashmir dispute.

Comment: In response, India has today (Monday 5th) announced the revocation of its 70-year-old constitutional provision recognising special autonomous status for Kashmir (a substantial part of it anyway).

In other words, India is staking its claim to the disputed region between itself and Pakistan.

What can Pakistan, realistically, do to stop India, short of nuclear war against its far larger neighbor?

Run to Uncle Sam for help!?


Eye 2

Building big brother: Epstein and Israeli intelligence

epstein big brother
© Narrativ
Jeffrey Epstein's investment in an Israeli start-up reveals a myriad of links to Donald Trump and Israeli spies.
What we found:
  • Jeffrey Epstein is an Israeli spy.
  • He is an investor in a start-up with ties to Israeli Intelligence.
  • Two Putin-linked oligarchs are his partners.
  • The start-up poses a privacy risk.
  • + Ties to Erik Prince, Michael Cohen, George Nader and Peter Thiel.
It's been thirty-two years since the "Pollard Affair" pierced the seemingly impenetrable facade of U.S.-Israeli relations. Now, two suspected Israeli agents are in jail - indicted on separate charges of sex trafficking of minors.

Comment: That's 'Russian oligarchs' as in the 'Kosher Nostra'.

Here's more from the above authors on Epstein's links to the Israelis:


See also:


NPC

Cloudflare caves to deep state pressure, boots 8chan forum because someone posted manifesto there claiming to be El Paso shooter


Comment: This one comes from BuzzFeed, so hold your nose as we wade through it...


Cloudflare CEO Matthew Prince

Wakey, wakey, Cloudflare CEO Matthew Prince, the Matrix has you
Cloudflare, a website security firm used by some of the world's largest companies, announced on Sunday night that it would be ending protections and all network services for 8chan, the anonymous online forum where multiple people have posted messages of their violent intent before carrying out mass shootings in the last year.

Cloudflare's decision to end its relationship with 8chan comes after the site reportedly hosted the racist, hate-filled manifesto of the 21-year-old gunman who killed at least 20 people and injured dozens more in a shooting on Saturday in El Paso, Texas.


Comment: No one knows where it first appeared. We've read reports that it was first posted on Facebook and/or Tumblr.


It also represents a significant u-turn, after the company's general counsel told BuzzFeed News earlier this weekend that ending protections for 8chan would be "very problematic."


Comment: But one mass shooting and a dodgy narrative later, problem solved!


Comment: This is the same plea the social media platforms made during Russiagate: 'Please, US (world) govt, regulate us! We don't know what you want! Just tell us!'

And they did. They're working diligently with the spooks behind the scenes to bleach the internet of all dissent. The 'intelligence community' aka deep state does not want to explicitly mandate rules and laws because then they would have to be held by them. It's so much more effective to outsource to ostensibly 'independent private corporations' the job of intelligence-gathering and the arbitrary extra-legal 'management' of who gets paid how much and who gets to say what where and when.

It's all completely subject to the whims of those who rule from the shadows. 8chan will in the meantime be coerced into some form of compromise and will remain a favorite spot for Feds and informants seeking to 'shape dynamic narratives' (spread lies and hysteria):

Warrant reveals FBI agent's 8chan posts attempting to redirect white supremacist rage against Russia

Judging by our search results across all platforms for content concerning the El Paso massacre, which overwhelmingly reflects the official mainstream narrative, they're enjoying spectacular success at 'locking down' the information sphere.


Bullseye

In the World of Truth and Fact, Russiagate is Dead. In the World of the Political Establishment, it is Still the New 42

Mueller
© Reuters/Tom Brenner
Former SC Robert Mueller
Douglas Adams famously suggested that the answer to life, the universe and everything is 42. In the world of the political elite, the answer is Russiagate. What has caused the electorate to turn on the political elite, to defeat Hillary and to rush to Brexit? Why, the evil Russians, of course, are behind it all.

It was the Russians who hacked the DNC and published Hillary's emails, thus causing her to lose the election because... the Russians, dammit, who cares what was in the emails? It was the Russians. It is the Russians who are behind Wikileaks, and Julian Assange is a Putin agent (as is that evil Craig Murray). It was the Russians who swayed the 1,300,000,000 dollar Presidential election campaign result with 100,000 dollars worth of Facebook advertising. It was the evil Russians who once did a dodgy trade deal with Aaron Banks then did something improbable with Cambridge Analytica that hypnotised people en masse via Facebook into supporting Brexit.

All of this is known to be true by every Blairite, every Clintonite, by the BBC, by CNN, by the Guardian, the New York Times and the Washington Post. "The Russians did it" is the article of faith for the political elite who cannot understand why the electorate rejected the triangulated "consensus" the elite constructed and sold to us, where the filthy rich get ever richer and the rest of us have falling incomes, low employment rights and scanty welfare benefits. You don't like that system? You have been hypnotised and misled by evil Russian trolls and hackers.

[Whether Trump and/or Brexit were worthy beneficiaries of the popular desire to express discontent is an entirely different argument and not one I address here].

Comment: See also: The End of Russiagate and Mueller's Outright Lies


Pistol

'This has got to stop': Trump says he's done 'a lot' on gun violence, promises to do more

Donald Trump
© Reuters / Yuri Gripas
US President Donald Trump speaks to reporters about the mass shootings in Texas and Ohio, August 4, 2019
US President Donald Trump said he has "done much more" than most of his predecessors to combat gun violence, but added that even more needs to be done, promising to make an official statement Monday.

With the Democrat-driven push for stricter gun laws reinforced by the recent mass shootings in Texas and Ohio, which claimed a total of 29 lives in less than a day, Trump defended his administration's record on gun violence and complained that he's not given the credit he is due. At the same time, he hinted that new measures may be coming on Monday.

"We have done much more than most administrations and that's just not really talked about very much but we've done actually a lot but perhaps more has to be done," Trump told reporters before boarding Air Force One on Sunday.

Comment: Also see: Murderous rampage unfolds at Walmart in El Paso, Texas: Eyewitnesses report multiple gunmen - UPDATE: 20 dead


Chess

Mexican FM threatens legal action against US after 3 Mexican nationals die in El Paso shooting

el paso shooting
In the aftermath of the mass shooting in El Paso, Mexican Foreign Minister Marcelo Ebrard posted a video on Twitter, promising to take legal action against the United States for failing to take measures to protect Mexican citizens.

Twenty people were killed at the Walmart in El Paso on Saturday morning, of whom three were Mexican nationals. Nine of the 26 who were wounded were Mexican citizens, according to NBC News.

"The president has instructed me to ensure that Mexico's indignation translates into ... efficient, prompt, expeditious and forceful legal actions for Mexico to take a role and demand that conditions are established that protect ... Mexicans in the United States," Ebrard said.

Comment: Also see: Murderous rampage unfolds at Walmart in El Paso, Texas: Eyewitnesses report multiple gunmen - UPDATE: 20 dead


Snakes in Suits

France is slowly sinking into chaos

macron
Authored by Guy Milliere via The Gatestone Institute,

Paris, Champs-Élysées. July 14. Bastille Day. Just before the military parade begins, President Emmanuel Macron comes down the avenue in an official car to greet the crowd. Thousands of people gathered along the avenue shout "Macron resign", boo and hurl insults.

At the end of the parade, a few dozen people release yellow balloons into the sky and distribute leaflets saying "The yellow vests are not dead." The police disperse them, quickly and firmly. Moments later, hundreds of "Antifa" anarchists arrive, throw security barriers on the roadway to erect barricades, start fires and smash the storefronts of several shops. The police have a rough time mastering the situation, but early in the evening, after a few hours, they restore the calm.

A few hours later, thousands of young Arabs from the suburbs gather near the Arc de Triomphe. They have apparently come to "celebrate" in their own way the victory of an Algerian soccer team. More storefronts are smashed, more shops looted. Algerian flags are everywhere. Slogans are belted out: "Long live Algeria", "France is ours", "Death to France". Signs bearing street names are replaced by signs bearing the name of Abd El Kader, the religious and military leader who fought against the French army at the time of the colonization of Algeria. The police limit themselves to stemming the violence in the hope that it will not spread.