Puppet MastersS


Question

Did Bank of Japan crash the dollar?

The consequences of 26 years of free money policy and aggressive Quantitative Easing (read: money printing) are coming due. The United States is among the most vulnerable to Japanese contagion.
BOJ Crasjhing Dollar
© TrendCompass
Over the last nine days, the US dollar index collapsed: on 19 January, the index closed at 99.16. Today it is trading below 96 - a 3.2% decline! This may not sound like much, but as far as foreign currency markets are concerned, it's a very substantial move:
US Dollar Index
© TrendCompass
The culprit may have been the Bank of Japan. Over the last 26 years, Japan has been the world's key exporter of financial capital. The Bank of Japan (BOJ) made money free in 1999 (setting interest rates at zero) and pioneered quantitative easing (QE) in 2001. With interest rates at or near zero and vast quantities of liquidity generated out of its printing presses, the BOJ became the world's largest owner of Japanese Government Bonds (JGBs) as well as U.S. Treasuries.

Bank of Japan owns some 52% of all JGBs outstanding and around $1.2 trillion in U.S. treasuries (as of October 2025). In effect, the BOJ has been monetizing government debt. In the process, Japan has accumulated the highest ratio of public debt to GDP of any developed country: a whopping 260%. In other words, Japan's public debt is now 2.6 times the size of the annual output of her entire economy.

Snakes in Suits

Virginia Dems propose law to drop mandatory prison time for rape, manslaughter and possession of child porn

Abigail Spanberger
© Steve Helber/AP PhotoCreepy Virginia Gov. Abigail Spanberger
A new bill proposed by Democrats in the Virginia state legislature is raising concerns regarding the removal of minimum prison sentences for various violent felony crimes.

Within days of Democratic Gov. Abigail Spanberger being sworn in, members of her party introduced a flurry of amendments looking to end mandatory minimum sentences for various crimes within the state.

According to Jason Miyares, the former Republican attorney general, House Bill 863 includes proposals to effectively eliminate minimum sentencing for manslaughter, rape, possession and distribution of child pornography, assaulting a law enforcement officer and other repeat violent felonies.

Additionally, Democrats are also looking to remove the mandatory five-day minimum sentence for certain first-time DUI offenders.

Comment: This is likely to be a litmus test by Dems to see how the public will respond to giving leniency to rapists, violent criminals, and collectors of child pornography. If it passes in Virginia, it will likely be introduced by other states.


Mr. Potato

Fyodor Lukyanov: 'Happy vassal' is the most honest phrase at Davos

Trump Davos
© Chip Somodevilla/Getty ImagesUS President Donald Trump at WEF
How relations with Brussels have changed since Trump came to power.

Western Europe's complete and voluntary dependence on the US was never really discussed because it was simply assumed. It was called strategic autonomy, but meant close transatlantic relations within an alliance in which the US is, of course, the senior partner. Yet even that relationship had norms and frameworks.

At the Davos Forum, EU leaders openly discussed their dependence on America. Belgian Prime Minister Bart De Wever said the EU is now choosing between being a "happy vassal" and something even worse. European Commission President Ursula von der Leyen added that the old world order will not return, and Western Europe cannot rely on change alone to escape structural dependence.

Nobody expected the Americans to flaunt the real balance of power so openly. Until now, it was considered normal not to emphasize it. Everyone knew who was in charge and who made the decisions, but it was not customary to boast about it in intellectual circles. It was understood implicitly, so it was not dwelled on.

Trump discarded these courtesies. The EU is now being forced to acknowledge aloud what was previously acknowledged in silence. This is psychologically unpleasant, but it is not really a matter of acceptance or rejection. Acceptance has always been there.

The point is that Trump has raised the acute question: Is there an alternative?

Comment: It appears the puppets have lost their strings...


Gold Coins

The monetary system is broken and gold knows why

Graphgoldmoney
© Unknown
Central banks have been buying bullion at a record clip because holding dollars has become a losing proposition.

Displaying a business-as-usual spirit has been the establishment reaction to the massive surge in gold prices in the last couple of years. Gold prices have exploded higher of late but there are an awful lot of people trying hard not to notice this disconcerting trend; if noticing can't be avoided, they try not to think much about why.

What the financial and political establishment resolutely do not want to see is the deeper restructuring of reserves taking place in light of the debasement of the dollar.

Prices are soaring

In just a decade, gold has gone from around $1,000 per ounce to over $4,800 as of this week. In 2025 alone, gold added nearly 70% - despite relatively high interest rates (high rates usually push investors out of non-yielding gold). This is a huge flashing red light indicating something has broken deep in the bowels of the current monetary system.

Yet the financial and political establishment pretends that it isn't human flesh, so to speak, carved up on platters in the display case.

USA

Defense: Will the United States achieve the military supremacy it claims?

Trump Vance Rubio
© UnknownDonald Trump, an exceptional charlatan, has managed to make us believe that the United States is capable of anything. And more.
While China, Russia, and the United States are reshaping the world, President Trump is engaging in a perilous exercise of overvaluing his legacy. He has managed to convince us that he chose to withdraw from NATO, when in fact he can no longer remain. He finds himself, in reality, in the same position as Mikhail Gorbachev when he withdrew from the Warsaw Pact: on the brink of disaster.

During the first year of his second term, President Donald Trump announced his intention to propel the United States armed forces into a position of undeniable superiority.

The Golden Dome (May 20, 2025)

The US Golden Dome is intended to protect not just the United States, but the entire American continent, by countering "the threat of ballistic, hypersonic, and cruise missiles." It is inspired by Reagan's "Star Wars" program and takes its name from Israel's Iron Dome. This mission was entrusted to General Michael Guetlein, and a budget of $175 billion was allocated for it . [ 1 ]

Arrow Up

Iran will treat attack as 'all-out war', says official, as US armada heads to Middle East

Trump Jet
© UnknownUS President Donald Trump prior to speaking to members of the military on an aircraft carrier in October.
As a US strike group sails to the Middle East, Trump has again warned Iran against killing protesters or restarting its nuclear programme.

Iran will treat any attack "as an all-out war against us", a senior Iranian official said on Friday, ahead of ‍the arrival of a US military aircraft carrier strike group and other assets in the Middle East in the coming days.
"This military build-up - we hope it is not intended for real confrontation - but our military is ready for the worst-case scenario. This is why everything is on high alert in Iran. This time we will treat any attack - limited, unlimited, surgical, kinetic, whatever they call it - as an all-out war against ‍us, and we will respond in the hardest way possible to settle this. If the Americans violate Iran's sovereignty and territorial integrity, we will respond."
He declined to specify what an Iranian response might look like.

Bad Guys

Trojan Horse: Government-controlled digital ID is not the optional convenience it's being sold as

great britain citizen id card
© Citizen Card
The UK government has pledged to introduce a digital ID system for all UK citizens and legal residents by the end of the current Parliament (so no later than 2029). The integration of digital ID into government services, though already under way, has hitherto been largely voluntary. However, is is becoming steadily less optional, as the government has said it will now be required as a precondition for work in the U.K, and a version of it (GOV.UK One Login) is already being imposed unilaterally upon company directors throughout the U.K.

Chief Secretary to the Prime Minister Darren Jones has suggested in a recent interview (19/11) that digital ID is completely optional and will simply make government services more accessible and convenient. But this is a rather disingenuous sales pitch. On the one hand, Starmer himself insists that digital ID will be required as a precondition to work legally in the U.K; on the other hand, like any new technology, there will be a transition period, but voluntariness is unlikely to last forever.

Comment:


Vader

'We are back in the Middle Ages': How the EU literally starves dissenting experts

Ursula von der Leyen
© Thierry Monasse / Getty Images
On December 15, 2025, the European Union slapped sanctions on former Swiss intelligence officer and ex-NATO employee Jacques Baud. No day in court, no charges filed, just abrupt, suffocating, sanctions.

Why did the EU sanction Baud? For "Russian propaganda," of course, although many of the sources he cites in his reports on the West provoking war with Russia years prior to Russia's military operation are Western and Ukrainian - including the SBU and Aleksey Arestovich, a former adviser to Vladimir Zelensky.

Welcome to the latest EU insanity.

Dig

Best of the Web: Geopolitics and the Weaponizing of the periodic table

Periodic table
The periodic table, where all the rare metals mentioned in the article can be found.
I've been sitting on this one for a while now. Collecting data points that most people missed because they were too busy arguing about tariffs and TikTok bans.

But the trade war is heating up again I think. Inevitably I have to add. And when it does - when the next round of restrictions hits and everyone acts surprised - I want this here.

Because what's coming isn't another tariff dispute that gets negotiated away. It's strategic strangulation through materials nobody can pronounce or understand.

This one's going to be heavy on the numbers. I'm talking percentages, production figures, price movements, stockpile comparisons, the whole data-laden works. Because when you're discussing whether the United States can manufacture ammunition, fighter jets, or data centers without Beijing's permission, vague hand-waving doesn't cut it. The specifics matter. The percentages matter. The timelines matter.

bear buckled up
So buckle up.


Comment: The article is long but well worth the read so stay with it. Kudos go to the author of the article for putting all the research together.


Comment: Still waters run deep!

See another example of how China responds. Not by entering the US bragging contest or attending weekly social bonding sessions in the European capitals like the EU elite, but by quietly acting:
China hits US with economic counteroffensive after Maduro's abduction: Report


Gavel

Trump admin wins appeal on Minnesota ICE injunction

U.S. District Judge Katherine Menendez
© U.S. District CourtU.S. District Judge Katherine Menendez
In a significant victory for the Trump Administration, a panel of the United States Court of Appeals for the Eighth Circuit lifted the injunction of U.S. District Judge Katherine Menendez, who prevented officers from arresting, detaining, pepper-spraying or retaliating against protesters in Minneapolis without probable cause.

In her Jan. 16 decision, Judge Menendez (a Biden appointee and former public defender) ruled in favor of the protesters suing the Department of Homeland Security (DHS) and ICE. She found the plaintiffs were likely to succeed on claims that federal agents violated their First and Fourth Amendment rights.

The Eighth Circuit first flagged how Menendez ignored the fact that the record shows a wide range of conduct raising different conditions for law enforcement: