Showing posts with label war. Show all posts
Showing posts with label war. Show all posts

Friday, 12 March 2021

U.S. Aircraft Carrier Deploys In Mediterranean

 U.S. Aircraft Carrier Deploys In Mediterranean As Damascus Prepares To Push On The Northwest


South Front

The USS Dwight D. Eisenhower aircraft carrier and its Carrier Strike Group have entered the Mediterranean Sea.

This makes it, currently, the closest aircraft carrier to the Middle East. It has been quite a while since the US hasn’t had one of its super warships deployed in or near the Persian Gulf.

Starting in the spring of 2019, the U.S. Navy has been publicly ordered to keep a near-constant presence in the region, as if this were something new.

US Secretary of Defense Lloyd Austin announced that a global posture review is taking place, and it would be reconsidered whether a carrier was even needed in the region. Still, the Mediterranean Sea is quite nearby, and the removal of the Carrier Strike Group (CSG) from the Persian Gulf was a political move.

It’s Lloyd Austin’s dream to have a CSG in every hotspot in the world, but resources don’t allow for that.

Still, the US has the amphibious warship USS Makin Island (LHD-8) in the Persian Gulf with a detachment of F-35B fighter jets, so it still has a hefty presence. Further, it is without a doubt possible for the USS Dwight D. Eisenhower and its CSG to operate without issue in the Middle East, be it Syria, Iraq or elsewhere, from its current place of deployment.

In Syria itself, as the primary US competitor, alongside Iran, Russian forces are preparing to set up a permanent military base near the city of Palmyra in the Badia Desert. This is not yet confirmed, but according to satellite photos it has a helipad as a runway.

This base is likely planned to support the Syrian Arab Army (SAA) further in their push against both ISIS and Turkish proxies.

On March 9th, the SAA carried out heavy shelling on the positions of Turkish proxies in the village of Jabal Al-Zawiya, in southern Idlib.

Separately, Pro-Turkey opposition factions reportedly thwarted an attempt by the SAA to advance on the Qalaat front in the northern countryside of Latakia. Attacks are frequently repelled in Twitter posts, but nowhere else, demonstrating that the propaganda wing of the Turkish proxies is quite active.

In the days leading up to this, the SAA has been preparing for a large push in the province of Aleppo.

This is likely an attempt to form a uniform front, which can exert equal pressure along the frontline and thin the enemy’s forces to provide opportunity for a breach.

Turkey and its proxies are sure to offer heavy resistance to any advance by the SAA, but so far it appears that this may not be enough.


U.S. Bases in Deir Ezor, Syria, Being Sighted-in for launch of Rockets and Heavy Missiles by Iranian-Backed Militia's

Hal Turner,

11 March, 2021


Militias inside Syria are moving "very many" rockets and what is being described as heavy missiles into positions with striking range of US Troops in Deir Ezor, Syria.   The Rockets and missiles are "clearly being aimed directly at US Bases" across the river.

This is raw intel from the field inside Syria.   It is being published here, now, because the nature of the intel is such that these things are taking place out in the open and they can be USED with little or no notice.

Raw Intel VERBATUM:

There has been movement of large Rockets and Missiles at Al-Mayadin in Deir Ez Zor, Syria, with the Rockets and Missiles being pointed towards United States Military Positions in SDF-Held Deir Ez Zor, with a State of Maximum Alertness at Al-Mayadin and Al-Bukamal.

The American bases in Deir ez Zor are much less protected than the Iraqi ones. They are vulnerable yet have practically been untouched except for one or two occasions. There’s a much higher likelihood of inflicting casualties here if an attack takes place. Response would be big."

I have been told directly by someone in a position to know, "If the Iranian militias fire at our bases, it will immediately trigger a very heavy response by US military forces against "both the militias inside Syria and against their state-sponsor, Iran."

The latter portion of the statement is the key ". . . and against their state-sponsor, Iran."  

The scalable map below shows the area in which this is taking place:


Watch closely folks.  It seems the actual match to a major, MAJOR, conflict is about to be lit and thrown.



Watch closely folks.  It seems the actual match to a major, MAJOR, conflict is about to be lit and thrown

Saturday, 24 October 2020

President Xi Jinping: Chinese military is determined to defeat invaders


 Xi Jinping says China ‘determined to defeat invaders’ in Korean war anniversary speech

  • In a fiercely nationalistic speech the president says Chinese people will not bend, no matter the challenges faced
  • While not directly named, analysts say remarks were pointedly aimed at Washington as conflict’s 70th anniversary nears

SCMP,

23 October, 2020


President Xi Jinping has said that the Chinese military was determined to defeat invaders and warned against any attempt to divide the nation, in a fiercely nationalistic and pointed speech marking the 70th anniversary of China’s entry into the Korean war against American forces.


Speaking from the Great Hall of the People in Beijing on Friday, Xi touted the war to “resist US aggression and aid Korea” from 1950 to 1953 – the only military conflict between China and the United States – as a demonstration of China’s military might against American imperialists. He also called for moves to expedite the modernisation of the country’s defence and armed forces.

Seventy years ago, the imperialist invaders fired upon the doorstep of a new China,” he said. “The Chinese people understood that you must use the language that invaders can understand – to fight war with war and to stop an invasion with force, earning peace and respect through victory. The Chinese people will not create trouble but nor are we afraid of them, and no matter the difficulties or challenges we face, our legs will not shake and our backs will not bend.”

Xi stressed that “any country and any army, no matter how powerful they used to be” – a clear jab at the US – would see their actions “battered” if they stood against the international community. He added that China needed to accelerate its military modernisation to build a world-class military, and to ensure that the ruling Communist Party maintained “absolute leadership” over the military.

In today’s world, any unilateralism, protectionism, and ideology of extreme self-interest are totally unworkable, and any blackmailing, blockades and extreme pressure are totally unworkable,” he said. “Any actions that focus only on oneself and any efforts to engage in hegemony and bullying will simply not work – not only will it not work, but it will be a dead end.”


Shi Yinhong, an international relations professor at Renmin University of China, said Xi was sending a message that China did not want a war with the US, but was not frightened of it happening.

The message is very clear: we don’t want to have war with you but if unfortunately we have war, we will fight and fight to the end, even if you are the number one superpower in the world,” he said.

The Korean war was the first – and so far only – time Chinese and US forces have engaged in large-scale direct combat. In the speech, Xi said the US ignored China’s warning 70 years ago to cross the military demarcation line between the two Koreas and send bombers to the northeastern border with China, causing significant fatalities.

He said China was lagging far behind the US in terms of strength and power, but had managed to defeat American troops together with North Korea.

The victory was a sign that “the era when Western aggressors can occupy a country by setting up cannons in the east is gone forever”, he said, adding the experience showed the Chinese people could not be offended, and that they could withstand risk and pressure in front of enemies.

Xi said China would never allow its sovereignty, security and development interests to be undermined. Any act of unilateralism, monopolism and bullying would not work, and would only lead to a dead end. “Let the world know that the people of China are now united, and are not to be trifled with.”

He also said any attempt to divide China would be dealt with “head-on”, in a veiled warning to independence forces in Taiwan. “We would never allow anyone or any force to invade and divide the sacred territory of our motherland,” he said.

The Chinese leader’s remarks, made less than two weeks ahead of the US election, coincided with a fiery debate between US President Donald Trump and former vice-president Joe Biden, in which the two sounded off over who would better tackle the challenges of a rising China.

Xi’s speech, the latest in a series of heavily promoted events on the Korean war in the midst of flaring US-China tensions, also came ahead of next week’s fifth plenum, the party’s key meeting that will chart out the country’s political, economic and social development over the next five years.

arlier in the week, Xi – during a visit to the Korean war exhibition in Beijing – urged the Chinese people to “keep faith in their ultimate victory” and to “prevail over all enemies”, in what was also seen as a clear signal to the US.

Lu Xiang, a specialist on US affairs at the Chinese Academy of Social Sciences, said Xi’s speech was sending a warning to the US, which was in confrontation with China over almost all aspects of their bilateral ties.

The decision to fight the US [70 years ago] was a difficult decision when China was a backward nation,” he said. “But it sent a message that if the US took China’s warning as bluffing, it would suffer serious consequences.” The power gap between China and the US had narrowed and, therefore, the nation’s determination to defend its own security and sovereignty would be stronger, Lu said.

President Xi Jinping has said that the Chinese military was determined to defeat invaders and warned against any attempt to divide the nation, in a fiercely nationalistic and pointed speech marking the 70th anniversary of China’s entry into the Korean war against American forces.

Speaking from the Great Hall of the People in Beijing on Friday, Xi touted the war to “resist US aggression and aid Korea” from 1950 to 1953 – the only military conflict between China and the United States – as a demonstration of China’s military might against American imperialists. He also called for moves to expedite the modernisation of the country’s defence and armed forces.

Seventy years ago, the imperialist invaders fired upon the doorstep of a new China,” he said. “The Chinese people understood that you must use the language that invaders can understand – to fight war with war and to stop an invasion with force, earning peace and respect through victory. The Chinese people will not create trouble but nor are we afraid of them, and no matter the difficulties or challenges we face, our legs will not shake and our backs will not bend.”

Xi stressed that “any country and any army, no matter how powerful they used to be” – a clear jab at the US – would see their actions “battered” if they stood against the international community. He added that China needed to accelerate its military modernisation to build a world-class military, and to ensure that the ruling Communist Party maintained “absolute leadership” over the military.

In today’s world, any unilateralism, protectionism, and ideology of extreme self-interest are totally unworkable, and any blackmailing, blockades and extreme pressure are totally unworkable,” he said. “Any actions that focus only on oneself and any efforts to engage in hegemony and bullying will simply not work – not only will it not work, but it will be a dead end.”

Shi Yinhong, an international relations professor at Renmin University of China, said Xi was sending a message that China did not want a war with the US, but was not frightened of it happening.

The message is very clear: we don’t want to have war with you but if unfortunately we have war, we will fight and fight to the end, even if you are the number one superpower in the world,” he said.

The Korean war was the first – and so far only – time Chinese and US forces have engaged in large-scale direct combat. In the speech, Xi said the US ignored China’s warning 70 years ago to cross the military demarcation line between the two Koreas and send bombers to the northeastern border with China, causing significant fatalities.

He said China was lagging far behind the US in terms of strength and power, but had managed to defeat American troops together with North Korea.

Remembered as the Battle of Onjong, the People’s Volunteer Army (PVA) 40th Corps on October 25, 1950 conducted a series of ambushes against Republic of Korea troops, destroying the right flank of the US Eighth Army while stopping their northward advance towards the China-Korea border.

His previous speech was more subtle,” Xie said. “Xi’s speech today – ahead of the anniversary of Chinese PVA troops firing their first shot and having the first win – is clearly aimed to send a ‘we will fight and we will win again’ message to the Chinese people, as China is facing growing pressure from the US now.”

The strategic rivalry between China and the US has intensified over trade, technology, the coronavirus pandemic, battling ideologies as well as Beijing’s actions in the South China Sea, Hong Kong, Taiwan, Xinjiang and Tibet. Analysts have warned that the risk of war has grown, even as a full-blown military conflict remains against the interests of both sides.

The victory was a sign that “the era when Western aggressors can occupy a country by setting up cannons in the east is gone forever”, he said, adding the experience showed the Chinese people could not be offended, and that they could withstand risk and pressure in front of enemies.

Xi said China would never allow its sovereignty, security and development interests to be undermined. Any act of unilateralism, monopolism and bullying would not work, and would only lead to a dead end. “Let the world know that the people of China are now united, and are not to be trifled with.”

He also said any attempt to divide China would be dealt with “head-on”, in a veiled warning to independence forces in Taiwan. “We would never allow anyone or any force to invade and divide the sacred territory of our motherland,” he said.

Washington’s US$1.8 billion arms sale to Taiwan is first weapons deal of its kind in over 40 yearsWashington’s US$1.8 billion arms sale to Taiwan is first weapons deal of its kind in over 40 years

The Chinese leader’s remarks, made less than two weeks ahead of the US election, coincided with a fiery debate between US President Donald Trump and former vice-president Joe Biden, in which the two sounded off over who would better tackle the challenges of a rising China.

Xi’s speech, the latest in a series of heavily promoted events on the Korean war in the midst of flaring US-China tensions, also came ahead of next week’s fifth plenum, the party’s key meeting that will chart out the country’s political, economic and social development over the next five years.

Earlier in the week, Xi – during a visit to the Korean war exhibition in Beijing – urged the Chinese people to “keep faith in their ultimate victory” and to “prevail over all enemies”, in what was also seen as a clear signal to the US.

Lu Xiang, a specialist on US affairs at the Chinese Academy of Social Sciences, said Xi’s speech was sending a warning to the US, which was in confrontation with China over almost all aspects of their bilateral ties.

The decision to fight the US [70 years ago] was a difficult decision when China was a backward nation,” he said. “But it sent a message that if the US took China’s warning as bluffing, it would suffer serious consequences.” The power gap between China and the US had narrowed and, therefore, the nation’s determination to defend its own security and sovereignty would be stronger, Lu said.

Xie Maosong, a political scientist at the Chinese Academy of Social Sciences, said Xi’s speech carried a clear message of China’s readiness to fight back, ahead of Sunday’s anniversary of the first engagement between Chinese and US forces during the Korean war.


From the South China Morning Post


the Common Sense Show

Wednesday, 14 October 2020

Iran hit by fire from Azerbaijan troops

 IRAN FIRES ARTILLERY AND MISSILES AT AZERBAIJAN


Hal Turner,

13 October, 2020


After previously warning all sides in the Armenia - Azerbaijan conflict to stop ongoing stray shelling of Iranian territory, Iran was hit yet again by fire from Azerbaijan troops.  This time, Iran responded and fired heavy artillery and missile barrages at Azerbaijan just minutes ago.  

In response to what had become incessant shelling of Iranian territory, as well as because of repeated violation of the state borders of the Islamic Republic of Iran by Azerbaijani forces, the Iranian military launched a series of missile and artillery strikes on the territory of Azerbaijan. 

At the moment, it is known that several rocket and artillery strikes were carried out on the territory of Azerbaijan, and again after the Azerbaijani military tried to use a kamikaze drone, sending it across the border with Iran, the drone was shot down by Iranian air defense systems.


This marks an unprecedented and major escalation in the ongoing Armenia-Azerbaijan conflict.

More details as info becomes available.  Updates to appear below . . . .


UPDATE 6:58 PM EDT --

It is now known that due to the attack against areas with Azerbaijani forces, the Azerbaijan offensive against positions of the NKR/Armenian forces was SEVERELY disrupted.

Although the Ministry of Defense of Azerbaijan does not report losses, this attack by Iran is already confirmed to have caused losses in equipment and and in manpower.


UPDATE 7:24 PM EDT --

Armenia has SHOT DOWN an Azerbaijan SU-25 fighter jet.


As seen in the image above, an "IGLA" surface-to-air weapon, fired from a MANPAD (shoulder-fired) is seen impacting the SU-25, causing it to come down.

Here is a file photo of the IGLA system:

Interview with Armenian President Armen Sarkissian


Sunday, 19 July 2020

War in Libya

From Hal Turner. This has been confirmed elsewhere.

War Between Egypt and Turkey has Begun inside Libya - Egyptian Air Force Bombing Near Sirte

War Between Egypt and Turkey has Begun inside Libya - Egyptian Air Force Bombing Near Sirte


It appears actual kinetic war has broken out inside Libya, but between its "Government of National Accord" (GNA) which is backed by Turkey, and the Libyan National Army (LNA) Commanded by General Haftar, supported by Egypt . . .  most everyone else.
Egypt has made clear for MONTHS it considered any expansion of the GNA into Sirte, to be a "Red Line" for Egyptian military action.   Egypt viewed the GNA as unreliable and even hostile toward Egypt, but as long as the GNA kept itself confined, there was no trouble.
Enter Turkey.
When Turkish President Recypt Erdogan began shipping heavy weapons and other supplies to the GNA in Libya -- in direct violation of the UN Arms Embargo -- the GNA started expanding.  It was immediately hit hard by the LNA, and actual warfare has been taking place between the two, for several months.
Throughout, Egypt has let things play out inside Libya, clearly warning everyone that Sirte was the Red Line.
In fact, two days ago, Egyptian President SiSi publicly announced he would declare war in Libya if Sirte was taken by GNA.   No one listened.
Last night, 140 armored vehicles from the GNA began heading toward Sirte.
Very early this morning, those vehicles arrived in Sirte and the GNA began operations to take control of the city.
LESS THAN ONE HOUR AGO, massive explosions began happening in Sirte.  It is being reported the Egyptian Air Force is bombing GNA -Turk military targets there!
THE SCALABLE MAP BELOW SHOWS THE AREA WHERE FIGHTING IS TAKING PLACE:

This may very well be the start of the "Gog-Magog" confrontation.  The players are right.  The location is about right.  The condition of the world is about right for it as well.

Developing . . . check back for updates. . .

UPDATE 5:34 PM EDT --
Heavy weapons and military reinforcements are now deploying from Misurata to western Sirte.
 The Libya Presidential Council prohibits roaming from nine o'clock until six in the morning, seven days a week, for a period of 15 days, with the administrative borders between cities continuing to be closed and travel prohibited between them.
 Incidentally . . . Daniel 11:43 . . . . 43 But he shall have power over the treasures of gold and of silver, and over all the precious things of Egypt: and the Libyans and the Ethiopians shall be at his steps.

UPDATE 5:47 PM EDT --
The city of Sirte has been under the control of Libyan National Army (LNA)  General Haftar.   Turkey and the Libyan "Government of National Accord" are now trying to take Sirte from General Haftar.  The initial attacks against that city, were attacks by the GNA with assistance from Mercenaries sent by Turkey.   Those GNA Troops and Turkish Mercenaries are now being bombed themselves by General Haftars LNA and ALLEGEDLY with the assistance of the Egyptian Air Force.  

UPDATE 6:36 PM EDT --
The Egyptian parliament was expected to hold a plenary meeting next week to discuss the political and military situation in neighboring Libya. Turkey's Erdogan called the cards today. The battle has started.
 Eastern-based Libyan parliament asks Egypt to intervene in war
 Libya parliament clears the way for Egyptian army to enter territory and confront Turkish-backed forces near eastern oilfields 
 Egypt has received the full support of the UAE, Saudi Arabia, Bahrain and Jordan, all members of the pro-Haftar axis.
 Both Turkey and Egypt as of today have their official armies in Libya

UPDATE 6:45 PM EDT --
Some sources claim that the U.S. and UN ambassadors have left Libya for Tunisia
Power cut to South Western Sirte to reduce the risk of movements being compromised.
 Reports of UAE planes flying in the skies above Sirte.

Friday, 20 March 2020

China Locked In Hybrid War With US


Pepe Escobar has been one of those who said coronavirus was 'overblown'. I disagree with that but agree with some of his geopolitical analysis.

Escobar: China Locked In 
Hybrid War With US

19 March, 2020
Fallout from Covid-19 outbreak puts Beijing and Washington on a collision course...
Among the myriad, earth-shattering geopolitical effects of coronavirus, one is already graphically evident. China has re-positioned itself. For the first time since the start of Deng Xiaoping’s reforms in 1978, Beijing openly regards the US as a threat, as stated a month ago by Foreign Minister Wang Yi at the Munich Security Conference during the peak of the fight against coronavirus.
Beijing is carefully, incrementally shaping the narrative that, from the beginning of the coronovirus attack, the leadership knew it was under a hybrid war attack. Xi’s terminology is a major clue. He said, on the record, that this was war. And, as a counter-attack, a “people’s war” had to be launched.
Moreover, he described the virus as a demon or devil. Xi is a Confucianist. Unlike some other ancient Chinese thinkers, Confucius was loath to discuss supernatural forces and judgment in the afterlife. However, in a Chinese cultural context, devil means “white devils” or “foreign devils”: guailo in Mandarin, gweilo in Cantonese. This was Xi delivering a powerful statement in code.
When Zhao Lijian, a spokesman for the Chinese Foreign Ministry, voiced in an incandescent tweet the possibility that “it might be US Army who brought the epidemic to Wuhan” – the first blast to this effect to come from a top official – Beijing was sending up a trial balloon signaliing that the gloves were finally off. Zhao Lijian made a direct connection with the Military Games in Wuhan in October 2019, which included a delegation of 300 US military.
He directly quoted US CDC director Robert Redfield who, when asked last week whether some deaths by coronavirus had been discovered posthumously in the US, replied that “some cases have actually been diagnosed this way in the US today.”
Zhao’s explosive conclusion is that Covid-19 was already in effect in the US before being identified in Wuhan – due to the by now fully documented inability of US to test and verify differences compared with the flu.
Adding all that to the fact that coronavirus genome variations in Iran and Italy were sequenced and it was revealed they do not belong to the variety that infected Wuhan, Chinese media are now openly asking questions and drawing a connection with the shutting down in August last year of the “unsafe” military bioweapon lab at Fort Detrick, the Military Games, and the Wuhan epidemic. Some of these questions had been asked – with no response – inside the US itself.
Extra questions linger about the opaque Event 201 in New York on October 18, 2019: a rehearsal for a worldwide pandemic caused by a deadly virus – which happened to be coronavirus. This magnificent coincidence happened one month before the outbreak in Wuhan.
Event 201 was sponsored by Bill & Melinda Gates Foundation, the World Economic Forum (WEF), the CIA, Bloomberg, John Hopkins Foundation and the UN. The World Military Games opened in Wuhan on the exact same day.
Irrespective of its origin, which is still not conclusively established, as much as Trump tweets about the “Chinese virus,” Covid-19 already poses immensely serious questions about biopolitics (where’s Foucault when we need him?) and bio-terror.
The working hypothesis of coronavirus as a very powerful but not Armageddon-provoking bio-weapon unveils it as a perfect vehicle for widespread social control – on a global scale.

Cuba rises as a biotech power

Just as a fully masked Xi visiting the Wuhan frontline last week was a graphic demonstration to the whole planet that China, with immense sacrifice, is winning the “people‘s war” against Covid-19, Russia, in a Sun Tzu move on Riyadh whose end result was a much cheaper barrel of oil, helped for all practical purposes to kick-start the inevitable recovery of the Chinese economy. This is how a strategic partnership works.
The chessboard is changing at breakneck speed. Once Beijing identified coronavirus as a bio-weapon attack the “people’s war” was launched with the full force of the stateMethodically. On a “whatever it takes” basis. Now we are entering a new stage, which will be used by Beijing to substantially recalibrate the interaction with the West, and under very different frameworks when it comes to the US and the EU.
Soft power is paramount. Beijing sent an Air China flight to Italy carrying 2,300 big boxes full of masks bearing the script, “We are waves from the same sea, leaves from the same tree, flowers from the same garden.” China also sent a hefty humanitarian package to Iran, significantly aboard eight flights from Mahan Air – an airline under illegal, unilateral Trump administration sanctions.
Serbian President Aleksandar Vucic could not have been more explicit: “The only country that can help us is China. By now, you all understood that European solidarity does not exist. That was a fairy tale on paper.”
Under harsh sanctions and demonized since forever, Cuba is still able to perform breakthroughs – even on biotechnology. The anti-viral Heberon – or Interferon Alpha 2b – a therapeutic, not a vaccine, has been used with great success in the treatment of coronavirus. A joint venture in China is producing an inhalable version, and at least 15 nations are already interested in importing the therapeutic.
Now compare all of the above with the Trump administration offering $1 billion to poach German scientists working at biotech firm Curevac, based in Thuringia, on an experimental vaccine against Covid-19, to have it as a vaccine “only for the United States.”

Social engineering psy-op?

Sandro Mezzadra, co-author with Brett Neilson of the seminal The Politics of Operations: Excavating Contemporary Capitalism, is already trying to conceptualize where we stand now in terms of fighting Covid-19.
We are facing a choice between a Malthusian strand – inspired by social Darwinism – “led by the Johnson-Trump-Bolsonaro axis” and, on the other side, a strand pointing to the “requalification of public health as a fundamental tool,” exemplified by China, South Korea and Italy. There are key lessons to be learned from South Korea, Taiwan and Singapore.
The stark option, Mezzadra notes, is between a “natural population selection,” with thousands of dead, and “defending society” by employing “variable degrees of authoritarianism and social control.” It’s easy to imagine who stands to benefit from this social re-engineering, a 21st century remix of Poe’s The Masque of the Red Death.
Amid so much doom and gloom, count on Italy to offer us Tiepolo-style shades of light. Italy chose the Wuhan option, with immensely serious consequences for its already fragile economy. Quarantined Italians remarkably reacted by singing on their balconies: a true act of metaphysical revolt.
Not to mention the poetic justice of the actual St. Corona (“crown” in Latin) being buried in the city of Anzu since the 9th century. St. Corona was a Christian killed under Marcus Aurelius in 165 AD, and has been for centuries one of the patron saints of pandemics.
Not even trillions of dollars raining from the sky by an act of divine Fed mercy were able to cure Covid-19. G-7 “leaders” had to resort to a videoconference to realize how clueless they are – even as China’s fight against coronavirus gave the West a head start of several weeks.
Shanghai-based Dr. Zhang Wenhongone of China’s top infectious disease experts, whose analyses have been spot on so far, now says China has emerged from the darkest days in the “people’s war” against Covid-19. But he does not think this will be over by summer. Now extrapolate what he’s saying to the Western world.
It’s not even spring yet, and we already know it takes a virus to mercilessly shatter the Goddess of the Market. Last Friday, Goldman Sachs told no fewer than 1,500 corporations that there was no systemic risk. That was false.
New York banking sources told me the truth: systemic risk became way more severe in 2020 than in 1979, 1987 or 2008 because of the hugely heightened danger that the $1.5 quadrillion derivative market would collapse.
As the sources put it, history had never before seen anything like the Fed’s intervention via its little understood elimination of commercial bank reserve requirements, unleashing a potential unlimited expansion of credit to prevent a derivative implosion stemming from a total commodity and stock market collapse of all stocks around the world.
Those bankers thought it would work, but as we know by now all the sound and fury signified nothing. The ghost of a derivative implosion – in this case not caused by the previous possibility, the shutting down of the Strait of Hormuz – remains.
We are still barely starting to understand the consequences of Covid-19 for the future of neoliberal turbo-capitalism. What’s certain is that the whole global economy has been hit by an insidious, literally invisible circuit breaker. This may be just a “coincidence.” Or this may be, as some are boldly arguing, part of a possible, massive psy-op creating the perfect geopolitlcal and social engineering environment for full-spectrum dominance.
Additionally, along the hard slog down the road, with immense, inbuilt human and economic sacrifice, with or without a reboot of the world-system, a more pressing question remains: will imperial elites still choose to keep waging full-spectrum-dominance hybrid war against China?