We Are On the Verge of Nuclear Annihilation

By Paul Craig Roberts

We are on the verge of nuclear annihilation. Every agreement made during the 20th century to reduce the risk of nuclear war has been abandoned by Washington. Why worry, some ask, mutual assured destruction means neither the US nor Russia would initiate a nuclear attack. Perhaps not, but the greatest danger of nuclear armageddon comes from false alarms from warning systems. During the Cold War there were many such alarms. The false alarms did not result in mutual destruction because both governments were working to defuse, not exacerbate, the situation, and there was time for the validity of the alarm to be verified before a fatal pushing of the button.

Today the situation is entirely different. Washington and the NATO puppets have a policy of provoking Russia, with the 2014 coup in Ukraine and its consequences being the worst to date. Moreover, the hypersonic speeds of the Russian missiles and the closeness of US missiles to Russia’s border cuts time before impact to 5 or 10 minutes, which means no time to verify or confer.

The extraordinary insulting hostility shown toward Russia by the US, NATO and the Western media has convinced the Kremlin that the West intends Russia’s destruction. Russia’s President Putin has stated many times that the West has led him to this conclusion. A couple of days ago at the Valdai Discussion Club Putin expressed concern that the West’s belligerence toward Russia could end in nuclear war. If President Biden were a responsible leader, he would have said that the Russian president is right, and we must stop the escalation of threats. Instead, Biden sent B-2 stealth bombers, aircraft specifically designed for a nuclear first-strike, to European bases, thus escalating the threat, a mindless and irresponsible response to President Putin.

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How The Fight Over American Freedom Will Probably Escalate

How the future of the world will unfold is always vastly uncertain. Yet there are times when a world-shaking change in the direction of affairs seems inevitable. The jostling for power among the imperialist states of Europe in the years before World War 1, for example, left few in doubt that something had to give, though few imagined how radical or how bloody would be the transition to a new world order headed not by any of the great imperial powers of that era, Great Britain, Germany, France or Russia, but by a former colony, the upstart United States of America.  Today, we appear to be on the brink of another global transition driven not only by the rise of other formerly oppressed countries, including the vastly populous nations of China and India, but by the astounding changes in ways of life both economic and social wrought by the last 100 years' advancement of science and technology. Thus, we hear from many quarters imaginative accounts of the coming Great Reset, of the Fourth Industrial Revolution, and even of the colonization of other worlds. Who knows how things will turn out, yet the short-term projection of events within the US entitled: How The Fight Over American Freedom Will Probably Escalate, to which we have linked below, provides what seems a plausible indication of the scope and potential violence of events to come even within the borders of existing states.

By Brandon Smith

I have to say, I continue to see a divergence in what the elites clearly wanted to happen vs. what has actually happened. If the Event 201 pandemic war game on a coronavirus outbreak, held two months before the actual outbreak occurred in China, is any indication, then the globalists greatly overestimated the fear effect of Covid.

They predicted at least 65 million deaths from a coronavirus outbreak, but over a year has passed since the pandemic went international and the official death count stands at 2.5 million, with over 40% of deaths in the US attributed to nursing home patients that were ALREADY dying from preexisting conditions. Removing suspect nursing home deaths from the equation, the death count is probably closer to 1.5 million, again, if we adhere to official estimates.

To put this number in perspective, the CDC states that global deaths from the flu virus peak at around 649,000 depending on the year. Deaths from the flu and pneumonia reach as high as 1.4 million globally per year. Studies funded by the Bill and Melinda Gates foundation find annual pneumonia death stats that are comparable to the CDC’s. Yet, we never saw Bill Gates calling for economic lockdowns, mask mandates and medical passports because of the flu or pneumonia. Why is that?

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Will China Win the Race to Mars?

China Poised to Bring Home Moon Samples

With the impending success of a Lunar sample-return mission, it's worth asking: Does China now lead in the space race? 

In particular, how much more difficult than a Lunar sample-return mission is a Mars sample-return mission? Not much I would guess. So what's to stop China from bringing home samples of Martian soil, possibly with microbial life included, before anyone else? Nothing except a geriatric US space agency that lacks a sharp focus on the conquest of space, and couple of American billionaires. True, Musk and Bezos are extremely rich, but can they compete with the Government of China in a race that depends on the availability of a large amounts of brilliant engineering talent and unrestrained expenditure. 

What's more, being overtaken in the space race by a Third World country that graduates ten times as many engineers as the US is somethings that intelligent Americans must expect, particularly at a time when white privilege, transgenderism, and shuttering the economy to protect an obesity-prone population habituated to the toxic products of the American fast-food and food-processing industries from the consequences of a novel corona (i.e., common cold type) virus have become leading national preoccupations. 

Yes, it looks like an end to the technological supremacy of the American Empire and a time for the Communists again to terrorize the world. 

Related: 

ZH: China's New Supercomputer "10 Billion Times Faster" Than Google's

US Covid19 Cases Underestimated 80-Fold?

Penn State University reports:

... the number of early COVID-19 cases in the U.S. may have been more than 80 times greater and doubled nearly twice as fast as originally believed. In a paper published today (June 22) in the journal Science Translational Medicine, researchers estimated the detection rate of symptomatic COVID-19 cases using the Centers for Disease Control and Prevention’s influenza-like illnesses (ILI) surveillance data over a three week period in March 2020. “We analyzed each state’s ILI cases to estimate the number that could not be attributed to influenza and were in excess of seasonal baseline levels,” said Justin Silverman, assistant professor in Penn State’s College of Information Sciences and Technology and Department of Medicine. “When you subtract these out, you’re left with what we're calling excess ILI – cases that can't be explained by either influenza or the typical seasonal variation of respiratory pathogens.” The researchers found that the excess ILI showed a nearly perfect correlation with the spread of COVID-19 around the country. Said Silverman, “This suggests that ILI data is capturing COVID cases, and there appears to be a much greater undiagnosed population than originally thought.” Remarkably, the size of the observed surge of excess ILI corresponds to more than 8.7 million new cases during the last three weeks of March, compared to the roughly 100,000 cases that were officially reported during the same time period.

The report continues:

...the researchers’ model suggested that [in New York] at least 9% of the state’s entire population was infected by the end of March. After the state conducted antibody testing on 3,000 residents, they found a 13.9% infection rate, or 2.7 million New Yorkers.

The authors of the study, which was published in the journal Science Translational Medicine conclude that:

...“Our results suggest that the overwhelming effects of COVID-19 may have less to do with the virus’ lethality and more to do with how quickly it was able to spread through communities initially... A lower fatality rate coupled with a higher prevalence of disease and rapid growth of regional epidemics provides an alternative explanation to the large number of deaths and overcrowding of hospitals we have seen in certain areas of the world.”

      Related     
ZH: "This Is Not Just Accidental": How One Coronavirus Mutation Helped The Virus Conquer The Globe
YDN: Long periods of lockdown could weaken the immune system and leave people more vulnerable to dangerous viruses, Oxford epidemiologist warns
YDN: Coronavirus genome found in Spain wastewater samples from March 2019, scientists reveal
ZH: Coronavirus Causes Weaponized 'Tentacles' To Sprout From Infected Cells, Directly Inject Virus Into New Ones
ZH: "Disturbing Parallel To HIV": COVID-19 Can Cause Depletion Of Important Immune Cells, NY Times Admits

The novel Corona Virus Is Going Global and If You're Retired, It May Just Have Been Targeted On You

Over at the Unz Review, multiple articles and lame arguments have been presented for the notion that Covid19 is an American biowarfare agent aimed at China, intended to disrupt China's economy.

Problem is there's virtually no way of knowing if that is true, and if it were true it would indicate that the US Government is inept beyond belief, since such an act of sabotage would almost certainly come back on America and cause devastation at least equal to that wrought in China.

In any case, debate about the source of the novel corona virus, whether it derives from a Chinese biowarfare lab or from an American biowarfare lab, or maybe from Israel, and who, if anyone, is responsible for launching it upon the world, is futile.

There is no way of knowing how this pandemic started, short of total incompetence or confession on the part of those responsible.

To launch a plague undetected is the easiest thing in the world.

The responsible party, whether acting with deliberation or by inadvertence, will almost certainly never be identified.

But one thing's for certain. There's no need for 300 American soldiers in Wuhan to do the job, to mention a theory to which Ron Unz repeatedly alludes.

Just one person with a pair of contaminated gloves will do it:  visit the supermarket, touch this, touch that, smear the shopping cart handle, then drop the gloves where someone is likely to pick them up and contaminate themselves and others, then stand back and watch as the magic of exponential growth takes over.

Next thing you know the newspaper front page announces in 256 point type:

CONTAINMENT IS FUTILE

Followed by, in slightly smaller type:

In Canada, local transmission “is going to be widespread, it’s going to be severe”.

And that's a key fact you have to understand if you want a plausible theory of the origin of this plague. The thing's a boomerang. It hits those who launch it as hard as those they launched it against, assuming, that is, that this plague is is the result of deliberate human action, unlike all the other plagues that have emerged from China without human intent, from the Black Death in the 14th Century, to the Asian flu of 1958, the swine flu the chicken flu, etc. 

Another key fact about this novel Corona virus, whether it is man-made or naturally occuring, is that it kills the old, not the young.

So who benefits?

Both China and America: each with rapidly aging populations and a problem financing the maintenance of the elderly.

What's a government to do? Kill off the useless eaters with this handy virus, obviously.

So no, pretty certainly, China didn't do this to America and America did not do this to China. But it could be a joint operation using a virus modified by scientists of both countries, working, as we know, in collaboration on means to enhance the pathogenicity, or achieve gain-of-function, as the techies of doom like to say, of bat flu viruses.

Related: 

Zero Hedge: Italy Reports 2nd Straight 1,000+ Jump In Cases As Mortality Rate Hits 5%
Zero Hedge: "This Is The Most Frightening Disease I've Ever Encountered In My Career" Says Architect Of National Pandemic Strategy

China Is Overtaking America in the Technology Race. Does It Matter?

Over at the Unz Review, Fred Reed writes of the astonishing technological rise of China from primitive, war-torn disaster area of forty years ago to the World's largest and most dynamic economy. 

Typically, Unz Review commenters attribute the speed with which China has eclipsed the US in so many ways to: (a) bad American Jews, (b) superior Chinese IQ, and (c) China's racial homogeneity. 

But such explanations may be entirely misconceived. All presuppose that America must do better. But the question that needs to be asked is: do those with the power to make the necessary changes care?

If the American elites are for global governance, why would they be concerned about shit on the streets of San Francisco, American intellectual degeneration, or the progressive replacement of America’s founding European population by people of alien race, religion and culture?

Once a global system of control is established, the citizens of the US and every other country will no longer be of any account except insofar as they are needed as the technically expert Morlocks to serve a tiny population of New World Order Eloi. What we are witnessing, surely, is a prelude to the end of the age of the proletariat. Indeed, the end of the proletariat. 

What we have is a globalist elite that views the mass of mankind as non-productive, wealth-destroying, environment-damaging vermin to be eliminated either through state-managed reproductive failure — already underway throughout the developed parts of the world, or a more rapid means, for example through the release of a virus engineered for lethality and uncontrollable spread, the vaccine against which will be available only to certain persons.

Don't worry: The US aint going broke til the Fed runs out of digits

Moody's place US on downgrade watch, warns the Drudge Report.

Moody's, that's the privately owned ratings agency that gave triple-A ratings to all those crap mortgage bonds.

In fact, Moody's are so useless, they even downgraded themselves.

LOL.

The truth about this and all financial news was revealed to me when I was a kid, and a friend, the son of the CEO of a well-known multinational corporation, explained to me that the only reason any sensible person attends a cocktail party is to hype stocks they intend to sell in the morning and trash stocks they want to buy in the morning.

That, chiefly, is the function of the financial news. Plus it fills the space between the ads on the business pages of the newspaper and creates market volatility, which drives up market volumes, which keeps the brokers in funds.

The truth about the US Government's credit status is that it cannot default on its debts as long as they are denominated in US dollars, because the US Government, with the collaboration of the Fed, prints its own money. That means US Government debt will always be redeemed at full face value, either with crisp newly printed US dollars, or with funds raised by rolling over the debt through the issue of new bonds.

But what about the "debt ceiling?"

In theory, Congress has the power to deny the US Government the freedom to print money, aka, quantitatively ease. But this they will never do, unless they wish to create a financial crisis, which will help fill the space between the ads on the business pages of the newspaper, and creates market volatility, which -- oh, but I said that before.

Of course there are folks who don't like to see the US print money, but so what?

The Chinese see that printing dollars lowers the value of those already printed, of which the Bank of China owns a trillion or more. But again, so what?

If the Chinese don't like seeing the value of their dollars depreciated, they know what to do: spend 'em now, which of course would be great for the US economy.

Let's see, how could America's foreign creditors, who own about four-and-a-half trillion dollars worth of Treasury debt instruments, spend their dollars?

I'd suggest the stock market. At current prices they could pick up America's top 20 corporations, including Exxon, Apple, Microsoft, Chevron, GE, IBM, Berkshire Hathaway, etc.

Or they might consider farm land. The US has about a billion acres, so at an average of $4500 per acre, America's foreign creditors could pick up the entire cultivable portion of the United States.

But they might prefer urban real estate, in which case they might pick-up all of the 14 million empty houses in the US (estimated value around $2 trillion), or some other component of America's $20 trillion worth of commercial and residential real estate.

A serious attempt by America's foreign creditors to do any of the above  would obviously have a variety of interesting repercussions.

With all that cash flowing into circulation, the US economy would experience an explosive boom.

Stocks would zoom: Dow 35,000 here we come.

Real estate would rebound. Crap mortgage bonds would soon be fully valued. Bail-out funds loaned by the Fed to banks would be repaid.

Inflation would roar as happy home-owners and stockholders once again enjoyed the wealth effect.

The dollar would fall, curbing imports, boosting exports.

Unemployment would fall. Government welfare expenditures would fall. Government revenues would rise. Deficits would be eliminated and the Fed would engage in repeated action to slow the boom.

Yes, as long as the US remains mired in the recession, raising the debt ceiling and printing more money is the only way to go. For those with US dollars, the best bet is to invest them in real assets (stocks, land, oil, etc.) or spend them now, which is good not only for those who spend but for the US economy too.