Wednesday, January 25, 2023

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https://caitlinjohnstone.com/2023/01/25/hardly-anyone-is-thinking-logically-about-the-risk-of-nuclear-war/

Hardly Anyone Is Thinking Logically About The Risk Of Nuclear War

The Bulletin of the Atomic Scientists has moved its symbolic Doomsday Clock to ninety seconds to midnight, the closest it has ever been set since its founding after the second world war. Chief among their reasons for doing so is the increasingly dangerous war in Ukraine.

A statement authored by the Bulletin’s editor John Mecklin is as biased against Russia as any mainstream western punditry today and makes no mention of the US empire’s role in provoking, prolonging and benefiting from this conflict, yet it still provides a fairly reasonable appraisal of the magnitude of the threat we’re staring down the barrel of at this point in history:

This year, the Science and Security Board of the Bulletin of the Atomic Scientists moves the hands of the Doomsday Clock forward, largely (though not exclusively) because of the mounting dangers of the war in Ukraine. The Clock now stands at 90 seconds to midnight—the closest to global catastrophe it has ever been.

The war in Ukraine may enter a second horrifying year, with both sides convinced they can win. Ukraine’s sovereignty and broader European security arrangements that have largely held since the end of World War II are at stake. Also, Russia’s war on Ukraine has raised profound questions about how states interact, eroding norms of international conduct that underpin successful responses to a variety of global risks.

And worst of all, Russia’s thinly veiled threats to use nuclear weapons remind the world that escalation of the conflict—by accident, intention, or miscalculation—is a terrible risk. The possibility that the conflict could spin out of anyone’s control remains high.

Mecklin encourages dialogue between Russia, Ukraine and NATO powers in order to de-escalate tensions in “this time of unprecedented global danger.” He quotes UN Secretary-General Antonio Guterres, who warned last August that the world has entered “a time of nuclear danger not seen since the height of the Cold War.”

We came a hair’s breadth from nuclear annihilation during the chaotic and unpredictable brinkmanship at the height of the last cold war, and in fact had numerous close calls that could have easily wound up going another way. As former Secretary of State Dean Acheson put it, humanity survived the Cuban Missile Crisis by “plain dumb luck”.

There’s no logical basis for the belief that we’ll get lucky again. Believing nuclear war won’t happen because it didn’t happen last time is a type of fallacious reasoning known as normalcy bias; it’s as rational as believing Russian roulette is safe because the man handing you the pistol didn’t blow his head off when he pulled the trigger.

But that’s the kind of sloppy thinking you’ll run into when you try to discuss this subject in public; I’m always encountering arguments that there’s no risk of nuclear war because we’ve gone all this time without disaster. One of the reasons I engage so much on social media is that I find it’s a good way of keeping tabs on the dominant propaganda narratives in our civilization and understanding what people are thinking and believing about things, and nowhere have I been met with more fuzzbrained comments than the times I’ve written about the need to prevent an entirely preventable nuclear holocaust.

The most common response I get is something along the lines of “Well if there is a nuclear war it will be Putin’s fault,” as though whose “fault” it is will matter to us while we’re watching the world end, along with the related “Well Russia shouldn’t have invaded then” and “Well Russia should stop threatening to use nukes then.” People genuinely don’t seem to understand that in the event of a full-scale nuclear war, it will really be the end of everyone. They still kind of imagine everyone still being there and shaking their fists at Russia afterward, and themselves sitting there feeling self-righteous and vindicated for correctly saying what a bad, bad man Vladimir Putin is.

They don’t understand that there will be no pundits discussing the nuclear armageddon on Fox and MSNBC, arguing about whose fault it was and which political party is to blame. They don’t get that there won’t be any war crimes tribunals in the radioactive ashes as the biosphere starves to death in nuclear winter. They don’t understand that once the nukes start flying, nobody’s shoulds or shouldn’ts about it will matter at all, and neither will your political opinions about Putin. All that will matter is that it happened, and that it can’t be taken back.

Another common response when I talk about the looming threat of nuclear war is, “Oh so you just don’t care about Ukrainians and you want them all to die.” The other day some lady responded to a Twitter thread I made about the need to avoid nuclear armageddon by saying that I must love rape and war crimes. People sincerely believe that’s a valid response to a discussion about the need to prevent the single worst thing that could possibly happen from happening. It really doesn’t seem to occur to them that they’re not actually engaging the subject at hand in any real way.

Slightly more perceptive interlocutors will argue that if we back down to tyrants just because they have nuclear weapons then everyone will try to get nukes and those who have them will become more belligerent, which will end up making nuclear war more likely in the long run. This response is a straw man fallacy because it misrepresents the argument as “just back down” rather than a call to engage in diplomacy and dialogue to de-escalate and begin sincerely negotiating toward detente, none of which is happening to any meaningful extent in this conflict. More importantly, it pretends that Russia is just invading its neighbor out of the blue instead of the well-documented reality that it is in fact responding to provocations by the US empire. The US has a moral obligation to de-escalate a conflict it knowingly provoked to advance its own interests, especially when that conflict could kill everyone in the world.

The whole “We can’t just back down to bullies like Putin” line of argumentation is further invalidated by the fact that it’s one thing to draw a line in the sand that must never be crossed — even if in the face of armageddon — but it’s quite another to say that line should be over something as small as who governs Crimea. This planet is populated with eight billion humans and countless other sentient creatures, very few of whom care one way or another who governs Crimea and almost none of whom would be willing to watch their loved ones die over it. Wanting to draw the line there is obnoxious, arrogant, and absurd.

And that’s just the shoddy brainwork of the rank-and-file public; the thinking of those who actually got us into this situation is surely just as dogshit. From what I can tell standing on this side of the thick veils of government secrecy which separate us from the truth, it appears to arise predominantly from a combination of immense hubris and zealous groupthink; hubris to think they can control all possible outcomes in a game of brinkmanship with so many small, unpredictable moving parts, and zealous groupthink in mindlessly adhering to the imperial doctrine that US unipolar planetary hegemony must be secured at all cost. They’re playing games with the life of every creature on this planet, and anyone who thinks that’s smart or wise should be as far from such decisions as possible.

The logical faceplants I’m describing here seem to arise partly from the fact that our civilization is completely inundated with empire propaganda about this conflict, and partly from the fact that people just haven’t thought terribly hard about nuclear war and what it would mean. The latter is probably because the prospect of everyone dying horrifically is such a huge, heavy, uncomfortable subject to sit down and deeply grapple with to the extent that it demands. For most people it’s just this vague, blurry mass in the periphery of their awareness, because they’ve been doing all these weird mental gymnastics to squirm and compartmentalize away from this thing rather than facing it.

But if ever there was a time to start doing some rigorous independent thinking and stop trusting the authorities to sort things out, it would be now. They’re showing us every sign that they’re just going to keep ramping up these games of nuclear chicken until they either fill their bottomless need for more complete global control or get us all killed trying. People need to start waking up to what’s going on and start making things uncomfortable for the people who are driving our world toward total destruction.

It does not need to be this way. Peace talks are possible. Diplomacy, de-escalation and detente are possible. Anyone who says otherwise is lying. We need to start building some public pressure to end this madness, because if the mushroom clouds ever show up, there is not one person alive who in that moment will believe that it was worth it.

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https://alt-market.us/a-dollar-collapse-is-now-in-motion-saudi-arabia-signals-the-end-of-petro-status/

A Dollar Collapse Is Now In Motion – Saudi Arabia Signals The End Of Petro Status

The decline of a currency’s world reserve status is often a long process rife with denials. There are numerous economic “experts” out there that have been dismissing any and all warnings of dollar collapse for years. They just don’t get it, or they don’t want to get it. The idea that the US currency could ever be dethroned as the defacto global trade mechanism is impossible in their minds.

One of the key pillars keeping the dollar in place as the world reserve is its petro-status, and this factor is often held up as the reason why the Greenback cannot fail. The other argument is that the dollar is backed by the full force of the US military, and the US military is backed by the US Treasury and the Federal Reserve – In other words, the dollar is backed by…the dollar; it’s a very circular and naive position.

These sentiments are not only pervasive among mainstream economists, they are also all over the place within the alternative media. I suspect the main hang-up for liberty movement analysts is the notion that the globalist establishment would ever allow the dollar or the US economy to fail. Isn’t the dollar system their “golden goose”?

The answer is no, it is NOT their golden goose. The dollar is just another stepping stone towards their goal of a one-world economy and a one-world currency. They have killed the world reserve status of other currencies in the past, why wouldn’t they do the same to the dollar?

Globalist white papers and essays specifically outline the need for a diminished role for the US currency as well as a decline in the American economy in order to make way for Central Bank Digital Currencies (CBDCs) and a new global currency system controlled by the IMF. I warned about this years go, and my position has always been that the derailment of the dollar would likely start with the end of its petro status.

In 2017 I published an article titled ‘Saudi Coup Signals War And The New World Order Reset’. I noted at the time that the sudden power shift over to crown prince Mohammed Bin Salman indicated a change in Saudi Arabia’s relationship to the US. I stated that:

To understand how drastic this coup has been, consider this — for decades Saudi Kings maintained political balance by doling out vital power positions to separate, carefully chosen successors. Positions such as Defense Minister, the Interior Ministry and the head of the National Guard. Today, Mohammed Bin Salman controls all three positions. Foreign policy, defense matters, oil and economic decisions and social changes are now all in the hands of one man.”

The rise of MBS was backed by the Public Investment Fund (PIF), a fund comprised of trillions of dollars supplied by globalists within Carlyle Group (Bush family, etc.), Goldman Sachs, Blackstone and Blackrock. MBS garnered the favor of the globalists for one specific reason – He openly supported their “Vision For 2030”, a plan for the dismantling of “fossil fuel” based energy and the implementation of carbon controls. Yes, that’s right, the head of Saudi Arabia is backing the eventual end of oil based energy, and part of that includes the end of the dollar as the petro currency.  

In exchange for their cooperation, the Saudis are being given access to ESG-like funding as well as access to AI advancements and the so-called “digital economy.”  It sounds crazy, but there is much talk of AI developments to cure numerous health problems and extend lifespan.  With those kinds of promises, it’s not surprising that Saudi elites would be willing to dump the dollar and even oil.

In 2017 I noted that:

I believe the next phase of the global economic reset will begin in part with the breaking of petrodollar dominance. An important element of my analysis on the strategic shift away from the petrodollar has been the symbiosis between the U.S. and Saudi Arabia. Saudi Arabia has been the single most important key to the dollar remaining as the petrocurrency from the very beginning.”

I believed that the threat to petro status would ultimately be spurred on by a proxy war between East and West:

World economic war is the real name of the game here, as the globalists play puppeteers to East and West. It is a geopolitical crisis they will have created to engineer public support for a solution they predetermined.”

Back then I thought that such a proxy war would be initiated in the Middle East, possibly in Iran. However, it’s clear that Ukraine is the powderkeg the globalists have chosen, at least for now, with Taiwan being the next shoe to drop.

In the years since I made these predictions the relationship between Saudi Arabia, Russia and China has grown very close. Arms deals and energy deals are becoming a mainstay of trade and this has led to a quiet but steady distancing of the Saudis from the dollar. This past week, the dominoes were set in motion for dollar collapse when Saudi Arabia announced at Davos that they are now willing to trade oil in alternative currencies.

In response, Xi Jinping pledged to ramp up efforts to promote the use of the Chinese yuan in energy deals. This falls in line with another article I wrote in 2017 titled ‘The Economic End Game Continues,’ in which I described how conflict with Eastern nations (China and Russia) would be exploited to create a catalyst for the end of the dollar’s petro status.

The importance of the Saudi announcement cannot be overstated; this is the beginning of the end of the dollar. The dollar’s world reserve status is largely dependent on its petro-status. Without one, you cannot have the other. This is almost the exact same dynamic that led to the implosion of the British Sterling decades ago as the global petro currency which resulted in the rise of the dollar to take its place.

This time, though, it will not be a single foreign currency that takes on the role of world reserve, it will be a basket currency system controlled by the IMF called Special Drawing Rights, along with a single global digital currency that is yet to be named but is now under development.

The consequences of the loss of reserve status will be devastating to the US economy. It is the only glue holding our system together – The ability to defer inflation by exporting it overseas is a superpower only the US enjoys. The Fed can print money perpetually if it wants to in order to fund the government or prop up US markets, as long as foreign central banks and corporate banks are willing to absorb dollars as a tool for global trade. If the dollar is no longer the primary international trade mechanism, the trillions upon trillions of dollars the Fed has created from thin air over the years will all come flooding back to the US through various avenues, and hyperinflation (or hyperstagflation) will be the result.

This dynamic is already in play, as foreign holders of US debt and dollars have been dumping them at record pace since 2017. The process continues at a time when the Federal Reserve is cutting it’s balance sheet and raising interest rates, which means there is no longer a buyer of last resort.

This may be why multiple foreign central banks have renewed their purchases of gold reserves and are once again stockpiling precious metals. They seem to be well aware of what is about to happen to the dollar, while the American public is kept in the dark.

The effects of the decline of the dollar may not be immediately felt, or become obvious for another year or two. What will happen is consistent inflation on top of the high prices we are already dealing with. Meaning, the Federal Reserve will continue to hold interest rates higher and prices will barely budge or they may climb in spite of monetary tightening. Even in the face of a major recessionary contraction, which I predict will be triggered starting in April, prices will STILL remain higher.

All the while the mainstream media and government economists will say they have “no idea” why inflation is so persistent, and that “nobody could have seen this coming.” Some of us saw it coming, but only because we accept the reality that the dollar’s days are numbered.

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