A Kaleidoscope of Extraordinary Events

The week ended on November 23, 2024, interesting news items to look at this week are:

1. A Kaleidoscope of Extraordinary Events: I felt a bit overwhelmed this week by the many news items that were both significant and with serious long term implications. From the Anglo American Empire, the sorties were crude and overt in contrast to the counter punches from the Global South which were subtle but more lethal. Let’s get right down and take a look as well as toconnect the dots:

(i)  US sole vote to veto a cease fire Resolution of the UN Security Council in Gaza (Fig. 1):

Israel is a small country with a dense population, time and again, it has been proven Israel’s air defense system could not effectively block a sustained concentrated drones, rockets and missile attack. (Fig. 2).

Israel’s economy is in tatters and is totally reliant on US militarily and economically, so why wont US want a ceasefire? With US alienating all the Islamic Oil Producing Nations in the Middle East at a time when the Petrol Dollar is under serious challenge, what is the story behind the story?

(ii) US Directly Attacked Russia (Fig. 3):

Under International Law, when US Military Personnel launched a missile attack against the Russian mainland from Ukraine is a US direct attack against Russia. The same goes for UK’s Storm Shadow Missiles attack. Germany and France are also implicated as accessories by their approval of use under the Technology Transfer Agreements. With 5 of the 6 ATACMs intercepted by the Russian air defense system and a total ATACMs inventory of only 50, such brazen acts would hardly change the course of the Ukraine conflict. Sorties from Russia totaled 10,000 rounds per day. (Fig. 4)

In response, Russia fired an inter-medium range  hyper-sonic missile at Ukraine with a televised message from Putin that Russia has the right to use weapons against military facilities of the countries that allow to use their weapons against our facilities. (Fig. 5).

The chosen range of the new “Oreshnik” missile is sufficient to hit NATO European HQ at Brussels, Belgium and all military bases including those in UK. Oreshnik in Russian is Орешник, which is Hazel wood and in Russia it can be fashioned into a stick to beat animals into submission. Oreshnik travels at a speed of MACH 12 and can be nuclear armed with 6 warheads each with 3 splinter devices capable of hitting 18 targets independently, all at guided hyper-sonic speed and within 20 minutes. NATO has immediately called a meeting for November 26 to discuss its implications.

(iii) Biden became irrelevant at the G20 meeting in Rio (Fig. 6):

Not only did the joint communicate of G20 not include any of the lobby points of Biden, Lula would not even wait for Biden to take the traditional family photo when Biden, Trudeau and Meloni all turned up late for the shoot. G20 was instigated ass a global cooperation to bail out the West from the 2008 Subprime fiasco, but is now totally undone by an overreach of  “the rule based international order” against a multi-polar world.

(iv) Xi officiate the Chankay Port in Peru (Fig 7):

With the opening of the Chankay Port, the whole of South America would become much less reliant on LA and Long Beach Ports for Trans-pacific container traffic.

(v) Biden placed in back corner row at APEC Meeting in Peru (Fig. 8): A picture paints a thousand words as how the world looks at Biden and US.

(vi) Nicaragua and China sign agreement on Bluefields deepwater port (Fig. 9):

The port together with a 445Km Interoceanic canal when built will seriously challenge the US controlled Panama canal. With China’s economic and trade flows in Latin America outpacing US by multiples in the region, color revolutions  and regime change by the CIA has proved ineffective to draw Latin America away from the China embrace.

(vii) A Shocker at the China International Aviation & Aerospace Exhibition in Zhuhai: Some 600,000 people attended the Zhuhai Airshow drawing Defense Departments from every country. Amongst the shocking exhibits were (a) Jiutian UAV (Aerial Drone Swam Carrier Fig. 10)

The UAV is capable of carrying 48 independent operated fighter drones and to annihilate a distant military base in a single unmanned operation. (b) Robotic Beasts  - whilst the US military robotic dog is still in testing stage, China is now mass producing the robotic dog for reconnaissance, the robotic wolf equipped with a Gatling Gun for combat and the robotic tiger with further enhanced fire power. (Fig. 11).

(c) Even before Pentagon could develop her hyper-sonic missiles, China is now show casing her anti hyper-sonic air defense system, the Red Flag 19 (Fig. 12),

capable of intercepting missiles at hyper-sonic speed at the inner and outer atmosphere. The week long show bagged US$40 billion deals involving 1,195 aircraft of various types. (Fig. 13)

(viii) Covid-19 confirmed as a Bio-weapon: Readers of my weekend muse would have been alerted as early as May 2021 that the Covid-19 virus was a bio-weapon using a patented PRRA (Proline-Arginine-Arginine-Alanine) chimeric viral insertion technology developed by Dr. Ralph Baric. The whole insidious setup and family tree was presented at the time as (Fig. 14).

More than 3 years after my piece, Dr Robert Redfield, a former Director at the US Center for Disease Control finally stood up and disclosed the same story as I did. (Fig. 15). A bit late but nonetheless helpful for a closure of the whole sad saga.

(ix) Mystery of US Commerce Secretary candidate Howard Lutnick, Cantor Fitzgerald, Tether Stable Coin and Bitcoin: In his Presidential Campaign, Donald Trump at various times has made suggestions that the US Federal Debt can be paid off by Bitcoin. (Fig. 16).

This is not a mad man talking but a con man at his prime judging by his cabinet appointment and the runaway price of Bitcoin. My best effort to decipher this cryptography is summarized in the following paragraphs:

(a) The largest pair trade in Crypto trading is Tether/Bitcoin meaning most of the bitcoins bought and sold were not for cash but for a stable coin called Tether. Tether has a 70% market share in the stable coin crypto universe. (Fig. 17)

(b) What is a Stable Coin: A stable coin is a type of cryptocurrency that aims to maintain a stable value by pegging its value to a reference asset, such as a fiat currency, commodity, or another cryptocurrency. The goal is to provide a stable alternative to the volatile prices of other cryptocurrencies, like Bitcoin. For Tether US, the value is pegged to its reserve and is stable at US$1 per coin. (Fig. 18)

(c) Investors felt more secure to hold trading liquidity in a stable coin like Tether than in a Crypto Exchange Wallet because of past fraud and theft at Crypto Exchanges.

(d) The value of US Tether is currently US$132 billion comprised as to 84% in US Treasuries, 4% in Precious Metals, 4% in Bitcoin and 8% in Secured Loans and other assets. (Fig. 19).

(e) Tether Limited is owned by iFinex, a company based in the British Virgin Islands which also operates the Bitfinex cryptocurrency exchange. The reserves assets of the stable coin Tether are held by a custodian called Cantor Fitzgerlad. Cantor Fitzgerald is one of the 25 Primary Dealers in US Treasuries and the largest Treasury broker in the world. The CEO of Cantor Fitzgerald is Howard Lutnick who was a contender for Secretary of Treasury but has now been settled as Commerce Secretary and also oversees US Trade Representatives Offices.

(f) 

Fig. 20 is a little complicated but potentially in a circular setup, Tether, Bitcoin and Cantor Fitzgerald has all the functions of the Federal Reserve and a Tether stable coin can be a substitute for the dollar.  Both are backed by nothing except irredeemable IOUs from Uncle Sam. This derivative on a derivative has absolutely no value nor meaning. Like the Federal Reserve, the Reserve Asset of Tether is never audited for obvious reasons. Bitcoin’s value is now totally bound into a corrupt environment and is just a repeat of the Livre in the Mississippi Scandal of 1719.  (Fig. 21).

I suggest readers who are not familiar with the Mississippi Bubble to read the write up in Wikipedia using the link provided    https://en.wikipedia.org/wiki/Mississippi_Company

(g) Oh, one more data point, a survey by Forbes on 157 Crypto Exchanges found 51% of bitcoin daily trading volume are bogus. (Fig. 22)

Rom 1:18  For the wrath of God is revealed from heaven against all ungodliness and unrighteousness of men, who suppress the truth in unrighteousness, 19  because what may be known of God is manifest in them, for God has shown it to them. 20  For since the creation of the world His invisible attributes are clearly seen, being understood by the things that are made, even His eternal power and Godhead, so that they are without excuse, 21  because, although they knew God, they did not glorify Him as God, nor were thankful, but became futile in their thoughts, and their foolish hearts were darkened. 22  Professing to be wise, they became fools, 23  and changed the glory of the incorruptible God into an image made like corruptible man—and birds and four-footed animals and creeping things. 24  Therefore God also gave them up to uncleanness, in the lusts of their hearts, to dishonor their bodies among themselves, 25  who exchanged the truth of God for the lie, and worshiped and served the creature rather than the Creator, who is blessed forever. Amen. 26  For this reason God gave them up to vile passions. For even their women exchanged the natural use for what is against nature. 27  Likewise also the men, leaving the natural use of the woman, burned in their lust for one another, men with men committing what is shameful, and receiving in themselves the penalty of their error which was due.