PEPE ESCOBAR—The European energy executive did not mince his words on a quite possible scenario: “If Germany does not obtain their oil and natural gas by land now they cannot fashion a fall back position, as there is not sufficient LNG capacity or oil for that matter to supply the EU this winter. They are going to freeze. Much of their economy will be forced to shut down. Unemployment will soar. It would take four years to build up LNG capacity for natural gas but who will build it for them?”
Default Editor Patrice de Bergeracpas
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THE SAKER—he world is headed for war and has been headed that way for quite a while now. Several times, just at the brink, the West decided to pull back, but each time it did that, its ruling elites felt two things: first, they felt even more hatred for Russia for forcing them to back down, and, second, they interpreted the fact that no shooting war happened (yet) as evidence, at least in their minds, that standing on the brink of war is a pretty safe exercise.
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In 2009, while Qaddafi was acting head of the African Union, he planned to create a gold-backed African currency to compete with the dollar and euro. Oil and all resources in Africa would be traded in Gold.
Until the US-NATO invasion, the gold dinar was issued by the Central Bank of Libya (CBL). The Libyan bank was 100% state-owned and independent. Foreigners had to go through the CBL to do business with Libya. The Central Bank of Libya issued the dinar, using the country’s 143.8 tons of gold.
Qaddafi’s plan would have strengthened the whole continent of Africa in the eyes of economists backing sound money, but it would have been especially devastating for the US economy, the American dollar, and particularly the elite in charge of the system.
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Lukashenko must go and Russia and Belarus must truly unite
13 minutes readTHE SAKER—It is important to keep in mind that Polish, German, or Lithuanian military forces are a joke, at best they can have (small) parades, and shoot at unarmed civilians. But even taking on “just” the Belorussian military alone (without any Russian help) is not an option for them: there is no comparison between a Polish solider (or a Lithuanian one, for that matter) and a Belorussian one, it would be like comparing perfumed and fluffy show-dog with a wolf. Numbers here matter a lot less than the quality, training, and determination of the soldiers on both sides.
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Establishment Fear Mongering Children Risk From Covid; Pfizer and its accomplices try to seize the moment to hoodwink the population.
5 minutes readSometimes a single article or video can teach far more about the complicated and shifting reality we inhabit than all the bloviating we see on the Establishment TV and print channels. This is the case with these two videos by Jimmy Dore, impeccably supported by a formidable journalist, Max Blumenthal (The Grayzone), whose capacity to peel off the layers of deception cynically manufactured by the imperial system has few equals. Watch these closely and learn. There are important facts and lessons here, and valuable confirmations for those who have been longtime critics of the capitalist system and its myriad social morbidities.