For an example of the most-important realities, here is an entirely truthful 10-minute-long entirely independently produced compendium video that shows the key evidences that the overthrow of Ukraine’s Government in February 2014 was definitely not the democratic revolution that all of the U.S.-and-allied press pretend it was, but was instead a U.S. coup. And here is the complete showing of the smoking-gun piece of evidence in it, so that one can now see this crucial item of evidence within its broader context, and understand how it fits into that context, to produce crucial history instead of the ‘news’-media-promulgated myth that strings together lie-upon-lie. It’s documentation of how the war inside Ukraine (and to which U.S. taxpayers donated over a hundred billion dollars last year) actually started — via this U.S. coup. And here is an even broader contextual documentation of how that U.S. coup started this war, which U.S.-and-allied Governments and their ‘news’-media blame against Russia — as-if it were the case that Russia had expanded up to NATO’s border, instead of NATO’s having expanded up to Russia’s border.
Is that evidence consistent with what has been widely reported by the ‘news’-media about the overthrow of Ukraine’s Government in February 2014 and about how the war in Ukraine started (supposedly on 24 February 2022)? Did America’s Government start this war, or did Russia’s Government start it? And how important is the answer to that question, to the public’s ability to make fact-based choices when elections are held to determine whom will be occuping seats in Congress, and in the White House? As the brilliant geostrategist who anonymously writes the “Moon of Alabama” blog headlined on July 25th, “Who Can Give Security Guarantees To Ukraine?”, and he concluded there that the U.S. Government and its stooges in its NATO military alliance against Russia now clearly have no intention of providing any such, but that Russia can — and that the longer that America’s war against Russia in the battlefields of Ukraine and killing Ukraine’s soldiers continues, the more onerous to the people of Ukraine will be the peace-terms that Russia will be able to offer to Ukraine for there to be any peace at all in Ukraine. It’s America’s war, but Russia will settle it.
Here is an interview of a very successful Asian journalist for major news-media, who had been participating in the so-called ‘democracy’ demonstrations in Hong Kong until he discovered that they had been initiated behind-the-scenes by the U.S. Government, and then he wrote a book about that, and he describes in this interview how the news-reporting that he and the rest of the press were doing had been fooled by the U.S. Government’s very elaborate and highly bribe-based operation against (i.e., to weaken) China’s Government.
Politics is now a puppet-show in these ‘democracies’; and the ‘news’-media are merely a part of that puppet-show.
These realities are ugly, but they are real.
—————
Investigative historian Eric Zuesse’s new book, AMERICA’S EMPIRE OF EVIL: Hitler’s Posthumous Victory, and Why the Social Sciences Need to Change, is about how America took over the world after World War II in order to enslave it to U.S.-and-allied billionaires. Their cartels extract the world’s wealth by control of not only their ‘news’ media but the social ‘sciences’ — duping the public.
Social psychosis is widespread. In the words of the British psychiatrist, R. D. Laing, “The condition of alienation, of being asleep, of being unconscious, of being out of one’s mind, is the condition of the normal man.”
He was not referring to raving, drooling, hitting-your-head-against-the-wall lunacy but a taken-for-granted acceptance of a world long teetering on the edge of nuclear extinction, to take the most extreme example, but surely only one of many. The insouciant acceptance and support of psychotic rulers who promote first-strike nuclear war is very common. First strike nuclear policy is United States policy.
I recently wrote an article about the dangers of the fourteen U.S. Trident submarines. These subs constantly cruise under the oceans carrying 3,360 nuclear warheads equivalent to 134,400 Hiroshima bombs. All are on first strike triggers. And of course these are supplemented by all the land and air based nukes. My point was not very complicated: now that the United States government has abrogated all nuclear weapons treaties and continues to escalate its war against Russia in Ukraine, we are closer to nuclear annihilation than ever before.
This conclusion is shared by many esteemed thinkers such as the late Daniel Ellsberg who died on June 16, 2023 and whose 2017 book The Doomsday Machine: Confessions of a Nuclear War Planner, makes clear that nuclear war, waged intentionally or by mistake or accident, is very possible. In the months before he died, he warned that this is now especially true with the situation in Ukraine and the U.S. provocations against China.
The Grayzone’s Max Blumenthal recently addressed the UN Security Council on the danger of U.S. actions in Ukraine and asked:
Will we see another Douma deception, but this time in Zaporizhzhia?
Why are we doing this? Why are we tempting nuclear annihilation by flooding Ukraine with advanced weapons and sabotaging negotiations at every turn?
Finian Cunningham has just raised the specter of a thermonuclear catastrophe initiated by a U.S./Ukrainian false flag attack on the Zaporozhye Nuclear Power Plant.
So my article was in no way unusual, except for my concentration on the Trident submarines.
When, against my better judgment, I read some commentators’ responses to my piece at a few websites where my article was posted, I was taken aback when I read the following [all emphases are mine]:
Like many other boomers, Edward J Curtin Jr is caught up in ‘nuclear terror’ … whereas on 4chan you see that a large portion of the young generation has come to accept the massive evidence that Hiroshima & Nagasaki were chemically firebombed like Tokyo, and ‘nuclear weapons’ most likely do not exist at all. The 10 alleged ‘nuclear powers’ have had reasons to hoax together, just like the global collusion on ‘covid’ & ‘vaccines’.
So, the point is? Subs with nukes have been cruising around the world’s oceans for over 60 years, back to the time when they tried to scare us with the Cuban missile crisis. I was on a fast attack sub during the Vietnam war, friend of mine got boomer duty, which is what they call the ones that carry the missiles. They’re there for show, they aren’t going to use them. Yes, they should be banned internationally, just in case. But as with the Nuremberg trials and principles, that’s not nearly enough. We’re going to need to create our own New World Order
This is the way the world ends This is the way the world ends This is the way the world ends Not with a bang but a whimper
I vote for the bang!
The nuke is exaggerated. Reality is that too many will survive a nuclear WWIII. There will still be too many useless eaters and psychos left in the underground bunkers no matter how many nukes we drop. Like Chernobyl it will only develop to paradises for animals, natives and homeless on food stamps, while we the exceptionals will suffer from an underground life for 50 years without seeing natural light . A global virus and for double insurance a coupled vaxx, will be a much more effective tool to clean the filth and double shareholders profit..
Dear Ed the sea monsters about as real as nukes.
Another one of the “elites” hoaxes.
To hear that there are no nuclear weapons and never were; to learn that some in their embrace of nihilism hope for a nuclear holocaust; to read that nuclear weapons are never going to be used because they only exist for show – well, this at least confirmed my suspicion that many who comment on articles are either bonkers or trolls or both. Some probably have nothing better to do than inform writers how wrong they are. It frightened me. It made me wonder how many of the millions of silent ones think similarly or have come to embrace hopelessness as a way of life – the feeling that they have no power because that has been drilled into them from birth. I have long thought that cultural normality can be understood as the use of one’s freedom to create a prison, a cell in which one can convince oneself that one is safe because the authorities have established a sacred umbrella to protect one from an apocalyptic hard rain that they never think is going to fall.
The Pew Research Center recently surveyed the American public on their sixteen greatest fears. Nuclear war was not one them. It was as if nuclear weapons did not exist, as if they have been buried in the cellar of public awareness. As if Mad Magazine’s Alfred E. Newman’s motto was the national motto: “What? Me worry?” No doubt more Americans are aware of the gross public spectacle of Joey Chestnut stuffing his mouth with sixty-five hot dogs in ten minutes than they are of the Biden administration’s insane escalation toward nuclear war in Ukraine. We live in Guy Debord’s “Society of the Spectacle.”
Although he was writing years ago, Ronald Laing’s words sound ironically prescient today after so many years of endless propaganda, the destruction of human experience resulting in destructive behavior, and the relentless diminishment of human beings to the status of machines:
At this moment in history, we are all caught in the hell of frenetic passivity. We find ourselves threatened by extermination that will be reciprocal, that no one wishes, that everyone fears, that may just happen to us ‘because’ no one knows how to stop it. There is one possibility of doing so if we can understand the structure of this alienation of ourselves from our experience, our experience from our deeds, our deeds from human authorship. Everyone will be carrying out orders. Where do they come from? Always from elsewhere. Is it still possible to reconstitute our destiny out of the hellish and inhuman fatality?
That is the key question now that more than fifty years have elapsed since Laing penned those words in his now classic book, The Politics of Experience (isbn.nu). He said then, which is exponentially truer today, that “machines are already becoming better at communicating with each other than human beings with each other.” Talking about deep things has become passé for so many.
If we don’t start worrying and unlove the machines, we are doomed sooner or later. Sooner is probable. Nuclear weapons are very real. They are poised and ready to fly. If we continue to live in denial of the madness of those who provoke their use while calmly promoting first-strike policies as the U.S. government does, we are worse than fools. We are suicidal.
As Daniel Ellsberg told us, “Don’t wait ‘till the bombs are actually falling.” That will be too late. There is no doubt that before a nuclear war can happen, we must go insane, normally so.
Let’s make the few protest voices in the wilderness the cries of hundreds of millions:
On July 5 of this year, the New York Times published an article titled “America Lives on Borrowed Money.”
It states that borrowing is expensive. A rising portion of federal earnings, money that could be utilized to help the American people, is returned to investors who buy government bonds in the form of interest payments. Instead of collecting taxes from the rich, the government pays the rich to borrow their money.
According to the Congressional Budget Office, the government will spend more on interest than on national defense by 2029, and interest payments will account for 3.6 percent of national GDP by 2033.
The authors of the article believe that the situation is becoming more and more alarming and painful, and therefore radical decisions should be made.
However, with the growing division of US political forces, these alternatives are no longer visible, especially since “Joe Biden’s global vision is too timid and pessimistic,” according to the British-based Economist.
The fact that President Biden has been indicted with impeachment by the Republican-led House of Representatives cannot be overlooked: On June 22, the House voted 219 to 208 to send two articles of impeachment to the Homeland Security and Judiciary committees, one for abuse of power and the other for dereliction of duty.
What is interesting is the evaluation of the current scenario made not only by Americans but also by political analysts from emerging countries. For example, the Saudi-based Arab News reported on June 25 this year that the United States’ political system is in disarray and the country is extremely fragmented.
The author puts the current problem in the United States on a par with the fall of the Roman Empire: “You cannot be a world leader if your society is crumbling and your leadership is divided, indecisive, and weak.” Especially when the media, once lauded as a strong weapon of truth, has devolved into a tool of political bias motivated by profit rather than principle, and free speech is dead in America.
According to the author, American influence in South America and Africa is likewise dwindling: America has never been weaker than it is today in its relatively short history.
On June 19, this year, Marwan Bishara, a senior political analyst for Al Jazeera TV, noted that signs that the American-dominated world order was crumbling had become increasingly visible over the previous decade and that America’s political and economic decline had affected its global influence and credibility.
Attempts to resurrect US leadership through the so-called “rules-based international system,” according to the author, have failed. This system was perceived as a rigged arrangement that benefited the West over the rest of the world and violated international law.
Back in the spring, well-known American journalist Ross Douthat determined that the elites of the Middle East, Africa, and Central Asia favor Russia and China, and that public opinion in emerging countries is more sympathetic to Russia and China than to America.
Richard Haas, a respected American political analyst who led a prominent think tank, the Council on Foreign Relations, for more than 20 years, went even further in his analysis: “The collapse of the American political system means that for the first time, the internal threat has surpassed the external threat. Instead of being a reliable anchor in an unstable world, the United States has become the deepest source of instability and an unreliable model of democracy.”
In September 2022, current US President Joe Biden spoke of American democracy being on the verge of collapse, clinging by a thread.
In response to this, Gulf News, one of the UAE’s leading publications, said that America today is a house divided. More and more Americans acknowledge that the country’s current status is abnormal.
The summer of 2020’s street violence and instability revealed the actual mental state of the world’s most powerful nation. The United States has long had one of the highest rates of violent crime in the world, and deteriorating public order has expedited the spread of firearms. The United States ranks first in the number of privately owned guns. Researchers at the Small Arms Survey estimated that Americans own 393 million of the 857 million available civilian guns, about 46% of the world’s civilian gun stockpile. According to the same publication, there are 120 guns per 100 Americans. According to the Pew Research Center, 48% of Americans believe that gun violence is a major issue in the country.
According to polls, only 17% of Americans believe the US criminal justice system treats everyone fairly, according to the USA Today website.
Currently, the issue of migration in America has seriously escalated.
Of course, there will be ups and downs in American domestic politics, but one of the most notable trends in recent years has been the growing polarization of the elite, which could lead to a major split of the country.
A new presidential election will be held in 2024, and many objective observers believe that both parties, Republicans and Democrats, will protest the results. Since 2000, contesting presidential elections has been a tradition.
When Hillary Clinton lost to Trump in 2016, the Democratic Party functionaries became full-time election deniers, emphasizing that the Democratic Party leadership and journalists, its supporters, had done nothing wrong: Vladimir Putin and the Russians were to blame, having hacked the election.
In 2020, Trump claimed that his loss to Biden had been the result of election fraud: the election had been stolen. Within weeks, the Republican Party’s mantra became “stop the stealing.”
A recent study found that more than half of Americans now expect another civil war “within the next couple of years,” with numerous forecasts for the end of America.
One of them says that if Trump, or any other Republican, occupies the White House, Californians are taking serious steps toward withdrawing from the United States.
Another scenario that is being seriously studied assumes that red, or Republican states will launch an independence movement if the Democratic Party wins, including Biden’s second term.
Many analysts are debating the prospect of a significant civil conflict in the United States. Meanwhile, some political analysts have noticed a discernible strengthening of the so-called neoconservative positions among the American ruling elite, who are adamant that Washington should be in charge of the entire world and harshly punish those who disagree with them. Their stance on the Ukraine issue has the potential to push the world to the verge of a nuclear war. This group’s careless acts have already generated a sizable number of issues and fresh crises.
In order to find a way out of the current impasse in international affairs, more and more developing countries are turning to Russia and China. They place their expectations in this respect, above all, on the approaching BRICS conference, where the enlargement of this association may be announced.
Amidst the dross that clutters the New York Times op-ed page on most days, glimmers of enlightenment occasionally appear. A recent guest column by Grey Anderson and Thomas Meaney offers a case in point.
“NATO Isn’t What It Says It Is,” declares the headline. Contrary to the claims of its architects and defenders, Anderson and Meaney argue persuasively that the central purpose of the alliance from its founding was not to deter aggression from the East and certainly not to promote democracy, but to “bind Western Europe to a far vaster project of a U.S.-led world order.” In return for Cold War-era security guarantees, America’s European allies offered deference and concessions on issues like trade and monetary policy. “In that mission,” they write, NATO “has proved remarkably successful.” A plot of real estate especially valued by members of the American elite, Europe thereby became the centerpiece of the postwar American imperium.
The end of the Cold War called these arrangements into question. Desperate to preserve NATO’s viability, proponents claimed that the alliance needed to go “out of area or out of business.” NATO embraced an activist posture, leading to reckless state building interventions in Libya and Afghanistan. The results were not favorable. Acceding to U.S. pressure to venture out of area proved to be costly and served chiefly to undermine NATO’s credibility as a militarily capable enterprise.
Enter Vladimir Putin to save the day. Just as Russia’s invasion of Ukraine provided the U.S. with an excuse to forget its own post-9/11 military failures, so too it has enabled NATO to once more constitute itself as the chief instrument for defending the West—and, crucially, to do so without actually exacting a blood sacrifice from either Americans or Europeans.
In this context, the actual fate of Ukraine itself figures as something of an afterthought. The real issue centers on reviving damaged aspirations of American global primacy. With something like unanimity, the U.S. national security establishment is devoted to the proposition that the United States must remain the world’s sole superpower, even if this requires ignoring a vast accumulation of contrary evidence suggesting the emergence of a multipolar order. On that score, Putin’s recklessness came as an impeccably timed gift.
There is an element of genius at work here. Defeating Russia without having to do any actual fighting becomes the means to restore the image of American indispensability squandered during the decades that followed the fall of the Berlin Wall. For Washington, as Anderson and Meaney appreciate, the true stakes in Ukraine go far beyond the question of whose flag flies over Crimea. If Ukraine “wins” its war with Russia—however “winning” is defined and however great the price Ukrainians must pay—NATO itself (and the NATO lobby in Washington) will claim vindication.
Rest assured that major European nations will then quietly renege on promises to boost their military spending, with actual responsibility for European security once more falling to the United States. With the centennial of World War II now within hailing distance, U.S. troops will remain permanently garrisoned in Europe. This will serve as cause for celebration throughout the U.S. military industrial complex, which will prosper.
Flexing its muscles, the United States will inevitably prod a greatly expanded NATO into turning its attention to enforcing the “rules-based international order” in the Asia-Pacific, with China as the chosen adversary. Ukraine will thereby serve as a template of sorts as the U.S. and its allies throw their weight around many thousands of miles from Europe proper.
The U.S. global military footprint will expand. U.S. efforts to put its house in order domestically will founder. Pressing global problems like the climate crisis will be treated as afterthoughts. But the empire that has no name will persist, which ultimately is the purpose of the game.
President Biden is fond of saying that the world has arrived at an “inflection point,” implying the need to change directions. Yet the overarching theme of his approach to foreign policy is stasis. He clings to the geopolitical logic that prompted NATO’s founding in 1949.
Back then, when Europe was weak and Stalin ruled the Soviet Union, that logic may have possessed some merit. But today the importance attributed to NATO testifies chiefly to the bankruptcy of American strategic thought and an inability to prioritize actually existing U.S. national interests, both foreign and domestic.
A sound revision of U.S. national security strategy would begin with announcing a timeline for withdrawing from NATO, converting it into an arrangement wholly owned and operated by Europe. The near impossibility of even imagining such an action by the United States testifies to the dearth of imagination that prevails in Washington.
The geopolitical chessboard is in perpetual shift – and never more than in our current incandescent juncture.
A fascinating consensus in discussions among Chinese scholars – including those part of the Asian and American diasporas – is that not only Germany/EU lost Russia, perhaps irretrievably, but China gained Russia, with an economy highly complementary to China’s own and with solid ties with the Global South/Global Majority that can benefit and aid Beijing.
Meanwhile, a smatter of Atlanticist foreign policy analysts are now busy trying to change the narrative on NATO vs. Russia, applying the rudiments of realpolitik.
The new spin is that it’s “strategic insanity” for Washington to expect to defeat Moscow, and that NATO is experiencing “donor fatigue” as the sweatshirt warmonger in Kiev “loses credibility”.
Translation: it’s NATO as a whole that is completely losing credibility, as its humiliation in the Ukraine battlefield is now painfully graphic for all the Global Majority to see.
Additionally, “donor fatigue” means losing a major war, badly. As military analyst Andrei Martyanov has relentlessly stressed, “NATO ‘planning’ is a joke. And they are envious, painfully envious and jealous.”
A credible path ahead is that Moscow will not negotiate with NATO – a mere Pentagon add-on – but offer individual European nations a security pact with Russia that would make their need to belong to NATO redundant. That would assure security for any participating nation and relieve pressure on it from Washington.
Bets could be made that the most relevant European powers might accept it, but certainly not Poland – the hyena of Europe – and the Baltic chihuahuas.
In parallel, China could offer peace treaties to Japan, South Korea and the Philippines, and subsequently a significant part of the US Empire of Bases might vanish.
The problem, once again, is that vassal states don’t have the authority or power to comply with any agreement ensuring peace. German businessmen, off the record, are sure that sooner or later Berlin may defy Washington and do business with the Russia-China strategic partnership because it benefits Germany.
Yet the golden rule still has not been met: if a vassal state wants to be treated as a sovereign state, the first thing to do is to shut down key branches of the Empire of Bases and expel US troops.
Iraq is trying to do it for years now, with no success. One third of Syria remains US-occupied – even as the US lost its proxy war against Damascus due to Russian intervention.
The Ukraine Project as an existential conflict
Russia has been forced to fight against a neighbor and kin that it simply can’t afford to lose; and as a nuclear and hypersonic power, it won’t.
Even if Moscow will be somewhat strategically weakened, whatever the outcome, it’s the US – in the view of Chinese scholars – that may have committed its greatest strategic blunder since the establishment of the Empire: turning the Ukraine Project into an existential conflict, and committing the entire Empire and all its vassals to a Total War against Russia.
That’s why we have no peace negotiations, and the refusal even of a cease fire; the only possible outcome devised by the Straussian neocon psychos who run US foreign policy is unconditional Russian surrender.
In the recent past, Washington could afford to lose its wars of choice against Vietnam and Afghanistan. But it simply can’t afford to lose the war on Russia. When that happens, and it’s already on the horizon, the Revolt of the Vassals will be far reaching.
It’s quite clear that from now on China and BRICS+ – with expansion starting at the summit in South Africa next month – will turbo-charge the undermining of the US dollar. With or without India.
There will be no imminent BRICS currency – as noted by some excellent points in this discussion. The scope is huge, sherpas are only in the initial debating stages, and the broad outlines have not been defined yet.
The BRICS+ approach will evolve from improved cross border settlement mechanisms – something everyone from Putin to Central Bank head Elvira Nabiullina have stressed – to eventually a new currency way further down the road.
This would probably be a trade instrument rather than a sovereign currency like the euro. It will be designed to compete against the US dollar in trade, initially among BRICS+ nations, and capable of circumventing the hegemonic US dollar ecosystem.
On the electronic technology front, the Empire has gone no holds barred to impose global economic dependency, monopolizing intellectual property rights and as Michael Hudson notes, “extracting economic rent from charging high prices for high-technology computer chips, communications, and arms production.”
In practice, not much is happening other than the prohibition for Taiwan to supply valuable chips to China, and asking TSMC to build, as soon as possible, a chip manufacturing complex in Arizona.
However, TSMC chairman Mark Liu has remarked that the plant faced a shortage of workers with the “specialized expertise required for equipment installation in a semiconductor-grade facility.” So the much lauded TSMC chip plant in Arizona won’t start production before 2025.
The top Empire/vassal NATO demand is that Germany and the EU must impose a Trade Iron Curtain against the Russia-China strategic partnership and their allies, thus ensuring “de-risk” trade.
Predictably, US Think Tankland has gone bonkers, with American Enterprise Institute hacks rabidly stating that even economic de-risking is not enough: what the US needs is a hard break with China.
In fact that dovetails with Washington smashing international free trade rules and international law, and treating any form of trade and SWIFT and financial exchanges as “national security threats” to US economic and military control.
So the pattern ahead is not China imposing trade sanctions on the EU – which remains a top trade partner for Beijing; it’s Washington imposing a tsunami of sanctions on nations daring to break the US-led trade boycott.
Russia-DPRK meets Russia-Africa
Only this week, the chessboard went through two game-changing moves: the high-profile visit by Russian Defense Minister Sergei Shoigu to the DPRK, and the Russia-Africa summit in St. Petersburg.
Shoigu was received in Pyongyang as a rock star. He had a personal meeting with Kim Jong-Un. The mutual goodwill leads to the strong possibility of North Korea eventually joining one of the multilateral organizations carving the path towards multipolarity.
That would be, arguably, an extended Eurasian Economic Union (EAEU). It could start with an EAEU-DPRK free trade agreement, such as the ones struck with Vietnam and Cuba.
Russia is the top power in the EAEU and it can ignore sanctions on the DPRK, while BRICS+, SCO or ASEAN have too many second thoughts. A key priority for Moscow is the development of the Far East, more integration with both Koreas, and the Northern Sea Route, or Arctic Silk Road. The DPRK is then a natural partner.
Getting the DPRK into the EAEU will do wonders for BRI investment: a sort of cover which Beijing does not enjoy for the moment when it invests in the DPRK. That could become a classic case of deeper BRI-EAEU integration.
Russian diplomacy at the highest levels is going all out to relieve the pressure over the DPRK. Strategically, that’s a real game-changer; imagine the huge and quite sophisticated North Korean industrial-military complex added to the Russia-China strategic partnership and turning the whole Asia-Pacific paradigm upside down.
The Russia-Africa summit in St. Petersburg, in itself, was another game-changer that left collective West mainstream media apoplectic. That was nothing less than Russia publicly announcing, in words and deeds, a comprehensive strategic partnership with the whole of Africa even as a hostile collective West wages Hybrid War – and otherwise – against Afro-Eurasia.
Putin showed how Russia holds a 20% share of the global wheat market. In the first 6 months of 2023, it had already exported 10 million tons of grain to Africa. Now Russia will be providing Zimbabwe, Burkina Faso, Somalia and Eritrea with 25-50 thousand tons of grain each in the next 3-4 months, for free.
Putin detailed everything from approximately 30 energy projects across Africa to the expansion of oil and gas exports and “unique non-energy applications of nuclear technology, including in medicine”; the launching of a Russian industrial zone near the Suez Canal with products to be exported throughout Africa; and the development of Africa’s financial infrastructure, including connection to the Russian payment system.
Crucially, he also extolled closer ties between the EAEU and Africa. A forum panel, “EAEU-Africa: Horizons of Cooperation”, examined the possibilities, which include closer continental connection with both the BRICS and Asia. A torrent of free trade agreements may be in the pipeline.
The scope of the forum was quite impressive. There were “de-neocolonialization” panels, such as “Achieving Technological Sovereignty Through Industrial Cooperation” or “New World Order: from the Legacy of Colonialism to Sovereignty and Development.”
And of course the International North South Transportation Corridor (INSTC) was also discussed, with major players Russia, Iran and India set to promote its crucial extension to Africa, escaping NATO littorals.
Separate from the frantic action in St. Petersburg, Niger went through a military coup. Although the end-result remains to be seen, Niger is likely to join neighboring Mali in reasserting its foreign policy independence from Paris. French influence is also being at least “reset” in the Central African Republic (CAR) and Burkina Faso. Translation: France and the West are being evicted all across the Sahel, one-step at a time, in an irreversible process of decolonization.
Beware the Pale Horses of Destruction
These movements across the chessboard, from the DPRK to Africa and the chip war against China, are as crucial as the coming, shattering humiliation of NATO in Ukraine. Yet not only the Russia-China strategic partnership but also key players across the Global South/Global Majority are fully aware that Washington views Russia as a tactical enemy in preparation for the overriding Total War against China.
As it stands, the still unresolved tragedy in Donbass as it keeps the Empire busy, and away from Asia-Pacific. Yet Washington under the Straussian neocon psychos is increasingly mired in Desperation Row, making it even more dangerous.
All that while the BRICS+ “jungle” turbo-charges the necessary mechanisms capable of sidelining the unipolar Western “garden”, as a helpless Europe is being driven to an abyss, forced to split itself from China, BRICS+ and the de facto Global Majority.
It doesn’t take a seasoned weatherman to see which way the steppe wind blows – as the Pale Horses of Destruction plot the trampling of the chessboard, and the wind begins to howl.
Get ready for the next phase of the government’s war on thought crimes: mental health round-ups and involuntary detentions.
Under the guise of public health and safety, the government could use mental health care as a pretext for targeting and locking up dissidents, activists and anyone unfortunate enough to be placed on a government watch list.
In New York City, for example, you could find yourself forcibly hospitalized for suspected mental illness if you carry “firmly held beliefs not congruent with cultural ideas,” exhibit a “willingness to engage in meaningful discussion,” have “excessive fears of specific stimuli,” or refuse “voluntary treatment recommendations.”
While these programs are ostensibly aimed at getting the homeless off the streets, when combined with advances in mass surveillance technologies, artificial intelligence-powered programs that can track people by their biometrics and behavior, mental health sensor data (tracked by wearable data and monitored by government agencies such as HARPA), threat assessments, behavioral sensing warnings, precrime initiatives, red flag gun laws, and mental health first-aid programs aimed at training gatekeepers to identify who might pose a threat to public safety, they could well signal a tipping point in the government’s efforts to penalize those engaging in so-called “thought crimes.”
As the AP reports, federal officials are already looking into how to add “‘identifiable patient data,’ such as mental health, substance use and behavioral health information from group homes, shelters, jails, detox facilities and schools,” to its surveillance toolkit.
Make no mistake: these are the building blocks for an American gulag no less sinister than that of the gulags of the Cold War-era Soviet Union.
The word “gulag” refers to a labor or concentration camp where prisoners (oftentimes political prisoners or so-called “enemies of the state,” real or imagined) were imprisoned as punishment for their crimes against the state.
Totalitarian regimes such as the Soviet Union also declared dissidents mentally ill and consigned political prisoners to prisons disguised as psychiatric hospitals, where they could be isolated from the rest of society, their ideas discredited, and subjected to electric shocks, drugs and various medical procedures to break them physically and mentally.
In addition to declaring political dissidents mentally unsound, government officials in the Cold War-era Soviet Union also made use of an administrative process for dealing with individuals who were considered a bad influence on others or troublemakers. Author George Kennan describes a process in which:
The obnoxious person may not be guilty of any crime . . . but if, in the opinion of the local authorities, his presence in a particular place is “prejudicial to public order” or “incompatible with public tranquility,” he may be arrested without warrant, may be held from two weeks to two years in prison, and may then be removed by force to any other place within the limits of the empire and there be put under police surveillance for a period of from one to ten years.
The age-old practice by which despotic regimes eliminate their critics or potential adversaries by making them disappear—or forcing them to flee—or exiling them literally or figuratively or virtually from their fellow citizens—is happening with increasing frequency in America.
Now, through the use of red flag laws, behavioral threat assessments, and pre-crime policing prevention programs, the groundwork is being laid that would allow the government to weaponize the label of mental illness as a means of exiling those whistleblowers, dissidents and freedom fighters who refuse to march in lockstep with its dictates.
That the government is using the charge of mental illness as the means by which to immobilize (and disarm) its critics is diabolical. With one stroke of a magistrate’s pen, these individuals are declared mentally ill, locked away against their will, and stripped of their constitutional rights.
These developments are merely the realization of various U.S. government initiatives dating back to 2009, including one dubbed Operation Vigilant Eagle which calls for surveillance of military veterans returning from Iraq and Afghanistan, characterizing them as extremists and potential domestic terrorist threats because they may be “disgruntled, disillusioned or suffering from the psychological effects of war.”
Coupled with the report on “Rightwing Extremism: Current Economic and Political Climate Fueling Resurgence in Radicalization and Recruitment” issued by the Department of Homeland Security (curiously enough, a Soviet term), which broadly defines rightwing extremists as individuals and groups “that are mainly antigovernment, rejecting federal authority in favor of state or local authority, or rejecting government authority entirely,” these tactics bode ill for anyone seen as opposing the government.
Thus, what began as a blueprint under the Bush administration has since become an operation manual for exiling those who challenge the government’s authority.
An important point to consider, however, is that the government is not merely targeting individuals who are voicing their discontent so much as it is locking up individuals trained in military warfare who are voicing feelings of discontent.
Under the guise of mental health treatment and with the complicity of government psychiatrists and law enforcement officials, these veterans are increasingly being portrayed as ticking time bombs in need of intervention.
For instance, the Justice Department launched a pilot program aimed at training SWAT teams to deal with confrontations involving highly trained and often heavily armed combat veterans.
One tactic being used to deal with so-called “mentally ill suspects who also happen to be trained in modern warfare” is through the use of civil commitment laws, found in all states and employed throughout American history to not only silence but cause dissidents to disappear.
For example, NSA officials attempted to label former employee Russ Tice, who was willing to testify in Congress about the NSA’s warrantless wiretapping program, as “mentally unbalanced” based upon two psychiatric evaluations ordered by his superiors.
NYPD Officer Adrian Schoolcraft had his home raided, and he was handcuffed to a gurney and taken into emergency custody for an alleged psychiatric episode. It was later discovered by way of an internal investigation that his superiors were retaliating against him for reporting police misconduct. Schoolcraft spent six days in the mental facility, and as a further indignity, was presented with a bill for $7,185 upon his release.
Marine Brandon Raub—a 9/11 truther—was arrested and detained in a psychiatric ward under Virginia’s civil commitment law based on posts he had made on his Facebook page that were critical of the government.
Each state has its own set of civil, or involuntary, commitment laws. These laws are extensions of two legal principles: parens patriae Parens patriae (Latin for “parent of the country”), which allows the government to intervene on behalf of citizens who cannot act in their own best interest, and police power, which requires a state to protect the interests of its citizens.
The fusion of these two principles, coupled with a shift towards a dangerousness standard, has resulted in a Nanny State mindset carried out with the militant force of the Police State.
The problem, of course, is that the diagnosis of mental illness, while a legitimate concern for some Americans, has over time become a convenient means by which the government and its corporate partners can penalize certain “unacceptable” social behaviors.
In fact, in recent years, we have witnessed the pathologizing of individuals who resist authority as suffering from oppositional defiant disorder (ODD), defined as “a pattern of disobedient, hostile, and defiant behavior toward authority figures.” Under such a definition, every activist of note throughout our history—from Mahatma Gandhi to Martin Luther King Jr.—could be classified as suffering from an ODD mental disorder.
Of course, this is all part of a larger trend in American governance whereby dissent is criminalized and pathologized, and dissenters are censored, silenced, declared unfit for society, labelled dangerous or extremist, or turned into outcasts and exiled.
Red flag gun laws (which authorize government officials to seize guns from individuals viewed as a danger to themselves or others), are a perfect example of this mindset at work and the ramifications of where this could lead.
As The Washington Post reports, these red flag gun laws “allow a family member, roommate, beau, law enforcement officer or any type of medical professional to file a petition [with a court] asking that a person’s home be temporarily cleared of firearms. It doesn’t require a mental-health diagnosis or an arrest.”
While in theory it appears perfectly reasonable to want to disarm individuals who are clearly suicidal and/or pose an “immediate danger” to themselves or others, where the problem arises is when you put the power to determine who is a potential danger in the hands of government agencies, the courts and the police.
Remember, this is the same government that uses the words “anti-government,” “extremist” and “terrorist” interchangeably.
This is the same government whose agents are spinning a sticky spider-web of threat assessments, behavioral sensing warnings, flagged “words,” and “suspicious” activity reports using automated eyes and ears, social media, behavior sensing software, and citizen spies to identify potential threats.
This is the same government that keeps re-upping the National Defense Authorization Act (NDAA), which allows the military to detain American citizens with no access to friends, family or the courts if the government believes them to be a threat.
This is the same government that has a growing list—shared with fusion centers and law enforcement agencies—of ideologies, behaviors, affiliations and other characteristics that could flag someone as suspicious and result in their being labeled potential enemies of the state.
For instance, if you believe in and exercise your rights under the Constitution (namely, your right to speak freely, worship freely, associate with like-minded individuals who share your political views, criticize the government, own a weapon, demand a warrant before being questioned or searched, or any other activity viewed as potentially anti-government, racist, bigoted, anarchic or sovereign), you could be at the top of the government’s terrorism watch list.
Now consider the ramifications of giving police that kind of authority in order to preemptively neutralize a potential threat, and you’ll understand why some might view these mental health round-ups with trepidation.
No matter how well-meaning the politicians make these encroachments on our rights appear, in the right (or wrong) hands, benevolent plans can easily be put to malevolent purposes.
Even the most well-intentioned government law or program can be—and has been—perverted, corrupted and used to advance illegitimate purposes once profit and power are added to the equation.
The war on terror, the war on drugs, the war on illegal immigration, the war on COVID-19: all of these programs started out as legitimate responses to pressing concerns and have since become weapons of compliance and control in the government’s hands. For instance, the very same mass surveillance technologies that were supposedly so necessary to fight the spread of COVID-19 are now being used to stifle dissent, persecute activists, harass marginalized communities, and link people’s health information to other surveillance and law enforcement tools.
As I make clear in my book Battlefield America: The War on the American People and in its fictional counterpart The Erik Blair Diaries, we are moving fast down that slippery slope to an authoritarian society in which the only opinions, ideas and speech expressed are the ones permitted by the government and its corporate cohorts.
We stand at a crossroads.
As author Erich Fromm warned, “At this point in history, the capacity to doubt, to criticize and to disobey may be all that stands between a future for mankind and the end of civilization.”
Hubris consists in believing that a contrived narrative can, in and of itself, bring victory. It is a fantasy that has swept through the West – most emphatically since the 17th century. Recently, the Daily Telegraph published a ridiculous nine minute video purporting to show that ‘narratives win wars’, and that set-backs in the battlespace are incidentals: What matters is to have a thread of unitary narrative articulated, both vertically and horizontally, throughout the spectrum – from the special forces’ soldier in the field through to the pinnacle of the political apex.
The gist of it is that ‘we’ (the West) have compelling a narrative, whilst Russia’s is ‘clunky’ – ‘Us winning therefore, is inevitable’.
It is easy to scoff, but nonetheless we can recognise in it a certain substance (even if that substance is an invention). Narrative is now how western élites imagine the world. Whether it is the pandemic emergency, the climate or Ukraine ‘emergencies’ – all are re-defined as ‘wars’. All are ‘wars’ that are to be fought with a unitary imposed narrative of ‘winning’, against which all contrarian opinion is forbidden.
The obvious flaw to this hubris is that it requires you to be at war with reality. At first, the public are confused, but as the lies proliferate, and lie is layered upon lie, the narrative separates further and further from touched reality, even as mists of dishonesty continue to swathe themselves loosely around it. Public scepticism sets in. Narratives about the ‘why’ of inflation; whether the economy be healthy or not; or why we must go to war with Russia, begin to fray.
Western élites have ‘bet their shirts’ on maximum control of ‘media platforms’, absolute messaging conformity and ruthless repression of protest as their blueprint for a continued hold in power.
Yet, against the odds, the MSM is losing its hold over the U.S. audience. Polls show growing distrust of the U.S. MSM. When Tucker Carlson’s first ‘anti-message’ Twitter show appeared, the noise of tectonic plates grinding against each other was unmissable, as more than 100 million (one in three) Americans listened to iconoclasm.
The weakness to this new ‘liberal’ authoritarianism is that its key narrative myths can get busted. One just has; slowly, people begin to speak reality.
Ukraine: How do you win an unwinnable war? Well, the élite answer has been through narrative. By insisting against reality that Ukraine is winning, and Russia is ‘cracking’. But such hubris eventually is busted by facts on the ground. Even the western ruling classes can see their demand for a successful Ukrainian offensive has flopped. At the end, military facts are more powerful than political waffle: One side is destroyed, its many dead become the tragic ‘agency’ to upending dogma.
“We will be in a position to extend an invitation to Ukraine to join the Alliance when Allies agree and conditions are met … [however] unless Ukraine wins this war, there’s no membership issue to be discussed at all” – Jens Stoltenberg’s statement at Vilnius. Thus, after urging Kiev to throw more (hundreds of thousands) of its men into the jaws of death to justify NATO membership, the latter turns its back on its protégé. It was, after all, an unwinnable war from the beginning.
The hubris, at one level, lay in NATO’s pitting of its alleged ‘superior’ military doctrine and weapons versus that of a deprecated, Soviet-style, hide-bound, Russian military rigidity – and ‘incompetence’.
But military facts on the ground have exposed the western doctrine as hubris – with Ukrainian forces decimated, and its NATO weaponry lying in smoking ruins. It was NATO that insisted on re-enacting the Battle of 73 Easting (from the Iraqi desert, but now translated into Ukraine).
In Iraq, the ‘armoured fist’ punched easily into Iraqi tank formations: It was indeed a thrusting ‘fist’ that knocked the Iraqi opposition ‘for six’. But, as the U.S. commander at that tank battle (Colonel Macgregor), frankly admits, its outcome against a de-motivated opposition largely was fortuitous.
Nonetheless ‘73 Easting’ is a NATO myth, turned into the general doctrine for the Ukrainian forces – a doctrine structured around Iraq’s unique circumstance.
The hubris – in line with the Daily Telegraph video – however, ascends vertically to impose the unitary narrative of a coming western ‘win’ onto the Russian political sphere too. It is an old, old story that Russia is military weak, politically fragile, and prone to fissure. Conor Gallagher has shown with ample quotes that it was exactly the same story in World War 2, reflecting a similar western underestimation of Russia – combined with a gross overestimation of their own capabilities.
The fundamental problem with ‘delusion’ is that the exit from it (if it occurs at all) moves at a much slower pace than events. The mismatch can define future outcomes.
It may be in the Team Biden interest now to oversee an orderly NATO withdrawal from Ukraine – such that it avoids becoming another Kabul debacle.
For that to happen, Team Biden needs Russia to accept a ceasefire. And here lies the (the largely overlooked) flaw to that strategy: It simply is not in the Russian interest to ‘freeze’ the situation. Again, the assumption that Putin would ‘jump’ at the western offer of a ceasefire is hubristic thinking: The two adversaries are not frozen in the basic meaning of the term – as in a conflict in which neither side has been able to prevail over the other, and are stuck.
Put simply, whereas Ukraine structurally hovers at the brink of implosion, Russia, by contrast, is fully plenipotent: It has large, fresh forces; it dominates the airspace; and has near domination of the electromagnetic airspace. But the more fundamental objection to a ceasefire is that Moscow wants the present Kiev collective gone, and NATO’s weapons off the battle field.
So, here is the rub: Biden has an election, and so it would suit the Democratic campaign needs to have an ‘orderly wind-down’. The Ukraine war has exposed too many wider American logistic deficiencies. But Russia has its’ interests, too.
Europe is the party most trapped by ‘delusion’ – starting from the point at which they threw themselves unreservedly into the Biden ‘camp’. The Ukraine narrative broke at Vilnius. But the amour propre of certain EU leaders puts them at war with reality. They want to continue to feed Ukraine into the grinder – to persist in the fantasy of ‘total win’: “There is no other way than a total win – and to get rid of Putin … We have to take all risks for that. No compromise is possible, no compromise”.
The EU Political Class have made so many disastrous decisions in deference to U.S. strategy – decisions that go directly against Europeans’ own economic and security interests – that they are very afraid.
If the reaction of some of these leaders seems disproportionate and unrealistic (“There is no other way than a total win – and to get rid of Putin”) – it is because this ‘war’ touches on a deeper motivations. It reflects existential fears of an unravelling of the western meta-narrative that will take down both its hegemony, and the western financial structure with it.
The western meta-narrative “from Plato to NATO, is one of superior ideas and practices whose origins lie in ancient Greece, and have since been refined, extended, and transmitted down the ages (through the Renaissance, the scientific revolution and other supposedly uniquely western developments), so that we in the west today are the lucky inheritors of a superior cultural DNA”.
This is what the narrators of the Daily Telegraph video probably had at the back of their minds when they insist that ‘Our narrative wins wars’. Their hubris resides in the implicit presumption: that the West somehow always wins – is destined to prevail – because it is the recipient of this privileged genealogy.
Of course, outside of general understanding, it is accepted that notions of ‘a coherent West’ has been invented, repurposed and put to use in different times and places. In her new book, The West, classical archaeologist Naoíse Mac Sweeney takes issue with the ‘master myth’ by pointing out that it was only “with the expansion of European overseas imperialism over the seventeenth century, that a more coherent idea of the West began to emerge – one being deployed as a conceptual tool to draw the distinction between the type of people who could legitimately be colonised, and those who could legitimately be colonizers”.
With the invention of the West came the invention of Western history – an elevated and exclusive lineage that provided an historical justification for the Western domination. According to the English jurist and philosopher Francis Bacon, there were only three periods of learning and civilization in human history: “one among the Greeks, the second among the Romans, and the last among us, that is to say, the nations of Western Europe”.
The deeper fear of western political leaders therefore – complicit in the knowledge that the ‘Narrative’ is a fiction that we tell ourselves, despite knowing that it is factually false – is that our era has been made increasingly and dangerously contingent on this meta-myth.
They quake, not just at a ‘Russia empowered’, but rather at the prospect the new multi-polar order led by Putin and Xi that is sweeping the globe will tear down the myth of Western Civilisation.
Since Bitcoin (BTC) was introduced to the world as an alternative to the current central bank system with a dying US dollar that is backed by nothing as its reserve currency, but now there is a plan by several governments to move ahead with implementing their own central bank digital currencies (CBDCs), which is a digital form of currency that is still backed by, you guessed it, nothing. The Nigerian government had made the decision to be the financial guinea pig for the globalist CBDC scheme, and so far, it has failed and that’s the good news. The bad news is that certain governments are still moving forward with the idea of using government-issued digital currencies. In the case of Nigeria, its citizens rejected their government’s plan to issue CBDCs by restricting cash in efforts to create a cashless society and so far, it seems that it has failed in epic fashion according to an opinion piece by author Nicholas Anthony that was published by coindesk.com ‘Nigerians’ Rejection of Their CBDC Is a Cautionary Tale for Other Countries’ is a warning to governments who are willing to take the same step:
In Nigeria, citizens have taken to the streets to protest the nation’s cash shortage, further objecting to their government’s implementation of a central bank digital currency (CBDC). The shortage came about due to cash restrictions aimed at pushing the country into a 100% cashless economy. Yet, instead of adopting the CBDC, Nigerian protesters are demanding paper money be restored.
The country’s experience strongly suggests the average citizen understands that CBDCs present a substantial risk to financial freedom while providing no unique benefit
Not only did the Nigerian people reject CBDCs, but they also demanded a return to paper currencies because they quickly found out that financial freedoms would be severely limited.
The concerns ranged from risking financial privacy to the possibility of financial oppression by government institutions. Anthony mentioned how “the Nigerian government has unleashed a flurry of tricks to spur adoption, but none has proven effective.” He even gave credit to the Nigerian government in terms of using modest approaches to influence its citizens to use CBDCs and it still failed:
To its credit, the Nigerian government initially tried to encourage use through modest measures. In August 2022, it removed access restrictions so that bank accounts were no longer required to use the CBDC. Then, in October, it offered discounts if people used the CBDC to pay for cabs. Yet, neither effort proved to be fruitful. Put simply, Nigerians prefer cash
However, the Nigerian government continued its assault on cash:
Unfortunately, the Nigerian government doubled down and moved to more drastic measures by restricting cash itself. In December the Central Bank of Nigeria began restricting cash withdrawals to 100,000 naira (US$225) per week for individuals and 500,000 naira ($1,123) for businesses.
To make matters worse, the Nigerian government also chose to redesign the currency during this time in a “move aimed at restoring the control of the Central Bank of Nigeria (CBN) over currency in circulation” and to “further deepen the push to [a] cashless economy,” according to a CBN press release
The Nigerians had a hard time adapting to the government’s restrictions on their hard earned cash, so they posted their concerns on Twitter, Tik Tok and other social media platforms to let the world know what went wrong. Soon after, major protests erupted on the streets because of the cash shortages imposed by the Central Bank of Nigeria:
NAIRA SCARCITY: Viral video shows the moment Benin protesters attempted to invade CBN office.
Protesters attempted to invade the Central Bank of Nigeria at Ring road in Benin, Edo State on Wednesday. pic.twitter.com/5sQcLfFeDo
The government decided to redesign the currency to restore control over the Central Bank of Nigeria as its governor, Godwin Emefiele claimed that “the destination, as far as I am concerned, is to achieve a 100% cashless economy in Nigeria.” To add insult to injury, “the company that designed the Nigerian CBDC called the cash restrictions a creative use of marketing and said other countries could be expected to take similar steps.” A top manager from a financial institutional ratings firm called Agusto and Co., Ayokunle Olumbunmi said that the central bank “doesn’t want us to be spending cash. They want us to be doing transactions electronically, but you can’t legislate a change in behavior.” Anthony concluded that the idea of CBDCs will not go very far, “CBDCs may be popular among central bankers, but money is ultimately a tool for the people. So long as the risks outweigh the benefits, it’s unlikely any CBDC will gain traction in Africa or elsewhere.”
Nicholas Anthony was correct to point out that CBDCs will not become mainstream as several countries have already demonstrated their unwillingness to move forward with the new form of digitized currencies.
The average human being on earth understands that CBDCs is a bad idea, even in the United States where two-thirds of the population believes almost anything that their government tells them to believe are skeptical of CBDCs according to the Cato Institute, a think tank who also published an article by Nicholas Anthony on the findings of a survey that was conducted by the US federal Reserve Bank on how people view CBDCs. Here is what they found, “Specifically, more than 66 percent of the 2,052 commenters were concerned or outright opposed to the idea of a CBDC in the United States (Figure 1).”
Bitcoin.com published an article on the GOP’s 2024 presidential candidate, Florida’s governor, Ron DeSantis who is opposed to CBDCs,‘Ron DeSantis Vows to Prohibit CBDC, ‘Woke Politics,’ and ‘Financial Surveillance’ in Florida,’ he said “I think what the danger of the digital currency is that, one, they want to make that the sole currency, they want to get rid of crypto,” DeSantis continued, “They don’t like crypto because they can’t control crypto. So, they want to put everything in a central bank digital currency.” There were other politicians who also have similar views on CBDCs:
DeSantis shares the view of several Republican officials who have criticized the idea of a central bank digital currency (CBDC). Minnesota congressman Tom Emmer introduced the Central Bank Digital Currency (CBDC) Anti-Surveillance State Act, while Texas senator Ted Cruz has created legislation against the government developing a CBDC. Georgia representative Marjorie Taylor Greene has also spoken out against CBDCs, and 2024 Democratic presidential candidate Robert Kennedy Jr. has warned that a central bank digital currency could lead to financial slavery
Cash is King! How the CBDC Failed in Japan and Ecuador
Cointelegraph.com, an independent digital news platform that focuses on crypto assets, blockchain technology and emerging fintech trends published an article last year written by Helen Partz based on which countries have rejected CBDCs for one reason or another titled ‘Some central banks have dropped out of the digital currency race’ mentions Japan, who is a major player in the global economy, ultimately rejected developing a CBDC scheme. The Bank of Japan (BOJ) started testing their digital currency proof-of-concept in 2021 and had planned to finish the first phase by 2022 but in January “former BOJ official Hiromi Yamaoka advised against using the digital yen as part of the country’s monetary policy, citing risks to financial stability.”
The BOJ issued a report in July 2022 and stated that it had no plan to establish a CBDC system since there is a “strong preference for cash and high ratio of bank account holding in Japan” and that the regulator suggested for a CBDC to be used as a “public good” and it “must complement and coexist” with “private payment services in order for Japan to achieve secure and efficient payment and settlement systems.” However, it also said that “the fact that CBDC is being seriously considered as a realistic future option in many countries must be taken seriously,” in other words, the CBDC scheme in Japan will not move forward although several countries are still in the early stages of developing a plan for the use of CBDCs, but for Japan, cash is still and will be king well into the foreseeable future.
Ecuador is another example as its central bank, Banco Central del Ecuador (BCE) who launched its own electronic currency known as dinero electrónico (DE) in 2014 to increase some sort of financial inclusion for the public as well as to control the flow of fiat currencies. According to Partz “As of February 2015, Ecuador managed to adopt DE as a functional means of payment, allowing qualified users to transfer money via a mobile app. The application specifically allowed citizens to open an account using a national identity number and then deposit or withdraw money via designated transaction centers.” But industry observers were not so sure that the DE can take the form of a CBDC since Ecuador’s currency is the US dollar, and since Ecuador does not currently have its own sovereign currency, many were not so sure that they can call the DE, a form of CBDC. “The Ecuadorian government cited the support of its dollar-based monetary system as one of the goals behind its DE platform after it started to accept U.S. dollars as legal tender in September 2000.” It seems that Ecuador remains skeptical on any possibility that issuing CBDCs will be a success:
According to online reports, Ecuador’s DE operated from 2014 to 2018, amassing a total of 500,000 users at its peak out of a population of roughly 17 million people. The project was eventually deactivated in March 2018, with the BCE reportedly citing legislation abolishing the central bank’s electronic money system. Passed in December 2021, the law stated that e-payment systems should be outsourced to private banks.
Years after dropping its central bank digital money initiative, Ecuador has apparently remained skeptical about the whole CBDC phenomenon. In August 2022, Andrés Arauz, the former general director at Ecuador’s central bank, warned eurozone policymakers that a digital euro could potentially disrupt not only privacy but also democracy
Bottom line, the CBDC will not be a standard for financial transactions for the few countries who already tried launching their versions of digital currencies.
However, in the US, the Federal Reserve’s ‘FedNow’ was supposed to be launched sometime in July 2023. Here is the Federal Reserve’s Press Release:
The Federal Reserve announced that the FedNow Service will start operating in July and provided details on preparations for launch. The first week of April, the Federal Reserve will begin the formal certification of participants for launch of the service. Early adopters will complete a customer testing and certification program, informed by feedback from the FedNow Pilot Program, to prepare for sending live transactions through the system.
Certification encompasses a comprehensive testing curriculum with defined expectations for operational readiness and network experience. In June, the Federal Reserve and certified participants will conduct production validation activities to confirm readiness for the July launch.
“We couldn’t be more excited about the forthcoming FedNow launch, which will enable every participating financial institution, the smallest to the largest and from all corners of the country, to offer a modern instant payment solution,” said Ken Montgomery, first vice president of the Federal Reserve Bank of Boston and FedNow program executive. “With the launch drawing near, we urge financial institutions and their industry partners to move full steam ahead with preparations to join the FedNow Service”
For the US population, FedNow is a test that will eventually fail. People will be skeptical about a central bank digital currency once it proves that it is used to surveil people’s spending habits and control what they spend their money on, and God forbid they are anti-war, anti-vaccine activists, homeschoolers, pro-gun supporters or conspiracy theorists, the bankers can cut them off from using CBDCs and then what happens? Will there be riots in the streets?
Since Bitcoin was introduced as an alternative to central bank control, the creation of the CBDC is their answer in hopes of retaining their power, but that idea is not likely to happen, it will in some way, backfire.
When it comes to Bitcoin, it’s a different story. In an interesting article written by Jay Speakman of beincrypto.com ‘When You Buy Bitcoin You Gain Freedom’ says that “in a world where economic and political uncertainties abound, owning Bitcoin (BTC) could provide the path toward financial freedom and autonomy. It’s no longer just about investing in a digital asset. It’s about making a revolutionary move to gain control over your finances and future.” Speakman makes several main points on why people should own Bitcoins and one of those points is that owning sovereign cryptos such as Bitcoins, Ethereum’s and others is a step towards financial freedom:
It provides the opportunity to participate in the global economy without the limitations of traditional banking systems. Bitcoin is not subject to government regulations. At least not yet, and it is free from the inflationary policies which can erode fiat currency values. This means Bitcoin provides an alternative and potentially more secure, store of value
Another reason for owning Bitcoins is for future investment purposes:
Investing in Bitcoin is no longer simply making money. It is about investing in your future and securing your financial freedom. Bitcoin’s decentralized financial system operates independently of central authorities or governments. This means it is resistant to censorship and regulation. Bitcoin holders can make transactions without the need for banks, which are subject to government intervention
“Investment Diversification” is another reason to own Bitcoins since putting all your eggs in one basket, especially in a globalist banking system, is a bit risky:
Investing in Bitcoin can provide portfolio diversification as it is not correlated to traditional assets such as stocks and bonds. This means it may provide a hedge against inflation and market volatility, mitigating the risks associated with traditional investment portfolios
However, owning Bitcoins does have risks like everything else since the “market is notoriously volatile. Prices often fluctuate wildly based on a range of factors, from government regulations to media coverage.” Speakman also mentions that “BTC transactions can result in a permanent loss of funds. There is also the risk of hacking and theft, as these transactions are irreversible and untraceable.”
In conclusion, the article lays out what owning Bitcoins could mean for individuals and investors alike especially for those who do not trust the traditional banking system:
The decision to buy BTC is more than just a financial investment. It’s a move towards financial freedom, control, and security. Bitcoin’s feature of allowing individuals to act as their own banks. Providing a secure alternative to traditional banking systems which have exhibited instability and vulnerability to failures. Furthermore, the appeal goes beyond just financial security and autonomy. The digital currency resonates with libertarians who value individual freedom and limited government intervention. Despite a torrent of dissenting voices Bitcoin continues to gain mainstream adoption. As the technology continues to mature, it may address some of the concerns raised by the dissenting voices.
Investing in digital assets may involve risks such as volatility and the potential for hacking and theft. Yet, the benefits of financial freedom outweigh the downsides. As the world becomes increasingly uncertain, owning Bitcoin could be the first step toward financial security and autonomy
When you look at the difference between CBDCs along with the system imposed by international banking cartels who still maintain some form of financial dominance versus the Bitcoin revolution, there is a difference. CBDCs means no financial freedoms and owning Bitcoins means the exact opposite. Even though Bitcoins are still in the early stages, there is hope in the new crypto technology. But like everything else, you should be cautious, do not invest 100% of your net worth in just one asset, in other words, invest maybe 5% in bitcoins, and the rest? 15% in emergency preparedness (food, water filters, guns, flashlights, etc.) 20% in real estate or invest in a second passport, 20% in hard assets like gold, silver and copper, 20% in high-end watches, antiques, aged wines and liquor, collectibles etc. and the last 20% in foreign stocks especially those that are in politically stabilized environments or in gold and silver mining companies, but that’s just my opinion.
Government-backed CBDCs will be a failure because the people already do not trust international banking cartels to totally control their finances. So, for these banks to have total control over your financial wellbeing under their CBDC scheme would be an extremely difficult task for them to manage.
The banking cartel or the financial bureaucrats are about to discover that they will be in over their heads with an angry population. Just imagine if the banking cartels, certain governments and their corporate conglomerates are in control over the people’s finances, they will get to determine who eats and who will starve. This is the ultimate power grab the globalist bankers have been dreaming about for a very long time, but will the people stop this from happening? I’m an optimist, so I believe that they will demand their financial freedoms and that is something of value that they can hold and control in their own hands. The case for CBDCs will be a hard sell, so central banks who are proposing this idea should think twice about what they are trying to impose on the public, if not, they will face some form of resistance just like they did in Nigeria.
After the Crash 