Liberty Blitzkrieg: Three Major Imbalances – Financial, Trust, Geopolitical

Somewhat related to yesterday’s article from Chris Hedges which touched on how no one in America trusts anyone in the D.C. establish at all any longer is this article from Michael Krieger of Liberty Blitzkrieg. In Three Major Imbalances, Mr. Krieger discusses the teetering financial system, the lack of trust in institutions, and rising tenstions between the U.S.A. and China, Russia, and elsewhere.

But greed is a bottomless pit
And our freedom’s a joke
We’re just taking a piss
And the whole world must watch the sad comic display
If you’re still free start running away
Cause we’re coming for you!

– Conor Oberst, “Land Locked Blues”

It’s hard to believe 2020 is just around the corner. If the last ten years have taught us anything, it’s the extent to which a vicious and corrupt oligarchy will go to further extend and entrench their economic and societal interests. Although the myriad desperate actions undertaken by the ruling class this past decade have managed to sustain the current paradigm a bit longer, it has not come without cost and major long-term consequence. Gigantic imbalances across multiple areas have been created and worsened, and the resolution of these in the years ahead (2020-2025) will shape the future for decades to come. I want to discuss three of them today, the financial system imbalance, the trust imbalance and the geopolitical imbalance.

Recent posts have focused on how what really matters in a crisis is not the event itself, but the response to it. The financial crisis of ten years ago is particularly instructive, as the entire institutional response to a widespread financial industry crime spree was to focus on saving a failed system and then pretending nothing happened. The public was given no time or space to debate whether the system needed saving; or more specifically, which parts needed saving, which parts needed wholesale restructuring and which parts should’ve been thrown into the dustbin. Rather, unelected central bankers stepped in with trillions in order to prop up, empower and reward the very industry and individuals that created the crisis to begin with. There was no real public debate, central bankers just did whatever they wanted. It was a moment so brazen and disturbing it shook many of us, including myself, out of a lifetime of propaganda induced deception.

It’s ten years later and central banks still can’t walk back anything they did over the past decade…

While massive and global, the financial system imbalance is just one of several. Another big one is a trust imbalance, which manifests as a widening disconnect between established institutions and the people living under them. As the ruling class has been forced to resort to increasingly desperate measures over the past decade to keep their gravy train going, they’ve exposed themselves more explicitly. What was once derided as conspiracy theory rapidly becomes conspiracy fact, and an increasingly significant number of humans have begun to simply assume (for good reason) that whatever comes out of the mouths of authority figures like intelligence agencies, politicians, mass media, corporations and think tanks, etc., are lies.

This situation isn’t getting any better either. It seems every day we wake up to new in your face revelations of how craven and dishonest the ruling oligarchy and its institutions really are. For example, this past weekend we learned how a Newsweek journalist quit because his bosses at the paper refused to let him publish about OPCW whistleblowers who dispute the official conclusion that Assad launched a chemical attack in Douma, an event that increasingly looks like a false flag event which led to the U.S. bombing Syria…

The trust imbalance between rulers and the ruled has become so massive it’s all but guaranteed to detonate in a variety of unexpected and consequential ways in the years ahead. The election of Donald Trump was just the first pubic manifestation of this well deserved lack of trust…

The other major imbalance I want to highlight is the geopolitical one. It’s something I’ve been writing about a lot lately as it’s come into clearer focus that the nexus of this tension will center around the U.S. and China. At the root of this imbalance is a U.S. national security state desperate to turn back to clock to the 1990s when the U.S. was the world’s sole superpower and could essentially call the shots on all matters of international significance with little to no pushback. Certain foreign power centers, led by China and Russia, have made it explicit they will not be rewinding the clock and are have focused their foreign policy around ushering in a multi-polar world. Like the other imbalances, the geopolitical imbalance becomes more volatile and less manageable with each passing day…

Everything being done today centers around propping up and extending a decrepit paradigm in order to further enrich and empower a ruling class that has lost the respect of the people. As the actions taken to sustain such a system become more desperate and mendacious (“this is NOT QE”), the more the veneer of credibility disappears. The more the veneer of credibility disappears, the more unstable these major imbalances become. Generational change is on the horizon, keep your eyes wide open.

Click here to read the entire article at Liberty Blitzkrieg.

Related:

Kunstler: Two for One Holiday Special

Hillary Clinton sure got her money’s worth with the Fusion GPS deal: it induced a three-year psychotic break in the body politic, destroyed the legitimacy of federal law enforcement, turned a once-proud, free, and rational press into an infernal engine of bad faith, and is finally leading her Democratic Party to an ignominious suicide. And the damage is far from complete…

Breaking Defense: US Loses Badly in Wargames with Russia/China

In the article US ‘Gets Its Ass Handed To It’ In Wargames: Here’s A $24 Billion Fix, Breaking Defense reports that the US’s advanced military technology have some major Achilles’ heels which Russia and China have, intelligently, designed their military responses to take advantage. Many people in the US wrongly assume that American military technology is so far advanced that there is no comparison with Russian and Chinese forces. Unfortunately, that view overlooks the fact that smart opponents will devise tactics and techniques which target the weaknesses of an opponent. The US is extremely good at projecting offensive power, but after decades at the forefront of military technology the US has lost sight of the importance of defending anything from strikes. It’s like America has spent twenty years perfecting the jab and right cross, but is incapable of dodging or blocking a punch. In effect, Russia and China do not need to have more advanced weapons than the US (though they may have an advantage in missile technology) because the US cannot protect their weapons from being destroyed before they can be used.

The US keeps losing, hard, in simulated wars with Russia and China. Bases burn. Warships sink…

“In our games, when we fight Russia and China,” RAND analyst David Ochmanek said this afternoon, “blue gets its ass handed to it.” In other words, in RAND’s wargames, which are often sponsored by the Pentagon, the US forces — colored blue on wargame maps — suffer heavy losses in one scenario after another and still can’t stop Russia or China — red — from achieving their objectives, like overrunning US allies.

No, it’s not a Red Dawn nightmare scenario where the Commies conquer Colorado. But losing the Baltics or Taiwan would shatter American alliances, shock the global economy, and topple the world order the US has led since World War II…

F-35 stealth fighters are hard to kill in flight, but lined up on the runway, they’re easy targets.

big airbases on land and big aircraft carriers on the water turn out to be big targets for long-range precision-guided missiles. Once an American monopoly, such smart weapons are now a rapidly growing part of Russian and Chinese arsenals — as are the long-range sensors, communications networks, and command systems required to aim them.

So, as potential adversaries improve their technology, “things that rely on sophisticated base infrastructure like runways and fuel tanks are going to have a hard time,” Ochmanek said. “Things that sail on the surface of the sea are going to have a hard time.”

…Worst of all, Work and Ochmanek said, the US doesn’t just take body blows, it takes a hard hit to the head as well. Its communications satellites, wireless networks, and other command-and-control systems suffer such heavy hacking and jamming that they are, in Ochmanek’s words, “suppressed, if not shattered…”

Click here to read the entire article at BreakingDefense.com.

China: 100 Christians Snatched in Raids on Underground Church

From South China Morning Post, 100 Christians snatched in overnight raids on underground Chinese church. China has begun harshly cracking down on churches this year, with an estimated 100,000 Christians arrested in 2018 compared to 3.700 in 2017. Churches are required to mount facial recognition cameras on the pulpit directed toward the congregation so that they can be monitored by the government.

About 100 worshippers at an unofficial church in southwestern China were snatched from their homes or from the streets in coordinated raids which began on Sunday evening.

Chinese authorities targeted members of the Early Rain Covenant Church across various districts of Chengdu, the provincial capital of Sichuan, in what appeared to be an effort to close down one of the country’s most prominent Protestant house churches…

“The police said our church is an illegal organisation and we cannot attend any more gatherings from now on.”

The Early Rain Covenant Church is one of China’s few unofficial house churches – Christian assemblies that operate without state sanction – and this is not the first time Wang and other members of the church have been detained.

While most of China’s Protestant house churches operate underground to avoid attracting official attention and control, the Early Rain congregation openly practises its faith, posting sermons online and evangelising on the streets.

Many house churches have been closed this year in China’s harshest religious suppression in decades…

 

 

China Cracking Down on Religion — Destroying Crosses and Bibles

From AP News, 9/10/18, Officials destroying crosses, burning bibles in China,

China’s government is ratcheting up a crackdown on Christian congregations in Beijing and several provinces, destroying crosses, burning bibles, shutting churches and ordering followers to sign papers renouncing their faith, according to pastors and a group that monitors religion in China.

The campaign corresponds with a drive to “Sinicize” religion by demanding loyalty to the officially atheist Communist Party and eliminating any challenge to its power over people’s lives…

From CBN News, 9/14/18, One Nation Under Xi? This is why Christian Persecution in China is Escalating

…Chinese Christians report authorities have urged church leaders to remove pictures of Jesus from their sanctuaries and replace them with patriotic posters, or posters of President Xi instead. They’ve suggested hymns be replaced with patriotic songs about the “wonderfulness of the Chinese Communist Party.”

Nettleton also said Chinese authorities are using advanced artificial intelligence software to monitor church attendees. “One pastor in Beijing not long ago was told by the government, ‘pastor we don’t mind if you continue holding your services, we just want to put this camera on your platform looking out at the audience and it’s attached to facial recognition software so that we can tell who comes to church on Sunday and who’s there and what they are doing and how involved they are,'” he said…

Every Kingdom Divided Against Itself

From Raúl Ilargi Meijer at The Automatic Earth:


Charles Sprague Pearce Lamentations over the Death of the First-Born of Egypt 1877In Matthew 12:22-28, Jesus tells the Pharisees:

Every kingdom divided against itself is brought to desolation, and every city or house divided against itself will not stand.

…While Americans believe so strongly in their supremacy, and have grown so accustomed to the idea, that they no longer see having the best weapons as a matter of survival for the nation. They have come to see their superiority as something automatic and natural.

The attack on Syria is seen as a sign of weakness. Because there was no need for it. Because the evidence is flimsy at best. Because the world has international bodies to deal with such issues. Because there is no logic in allowing the blood to flow in the Gaza and Yemen but cite humanitarian reasons for bombing alleged chemical facilities elsewhere.

What the world sees is bluster emanating from a deeply divided nation (and we haven’t even tackled Britain). It sees that less than 48 hours after the airstrikes, a former FBI chief talks about his former boss in terminology that nobody would dare use in most countries, and throughout most of history,

James Comey is beyond Shakepeare. And in America, the issue is who’s right in the Comey-Trump conflict. In Russia, China et al it’s not. They see a house, a country divided. A weak country has no diplomacy.

That’s how all empires end. Complacency and division. That is what North Korea sees when it watches America, what China, and Russia see. And they may even know how Jesus put it. He didn’t just say a kingdom divided would become less powerful or wealthy, he said:

Every kingdom divided against itself is brought to desolation.

China’s Socially Networked Repression

This is from John Robb over at Global Guerrillas.  Could it happen here?

Train score

China’s social credit score in action (it’s how China is ushering in a long night of socially networked repression).

Essentially, this is a score that follows you for life. It’s public and accessible.

It goes down: If you break any rules, say bad things online, pay a creditor late, or any of a rapidly expanding list of immoral things…

A negative score impacts your ability to access government services. The companies you can buy products from (they don’t want to sell to people with low scores). Your friends and the people you can marry (they get a lower score if you have a low score).

China’s dictatorship needed a way to control an advanced, socially networked society.

This is it.