Escobar: Definitive Eurasian Alliance Is Closer Than You Think
Escobar: Definitive Eurasian Alliance Is Closer Than You Think
Authored by Pepe Escobar via The Saker blog (originally posted at The Asia Times),
Beijing-Moscow is already on; Berlin-Beijing is a work in progress; the missing but not distant link is Berlin-Moscow..
We have seen how China is meticulously planning all its crucial geopolitical and geoeconomic moves all the way to 2030 and beyond.
What you are about to read next comes from a series of private, multilateral discussions among intel analysts, and may helpfully design the contours of the Big Picture.
In China, it’s clear the path ahead points to boosting internal demand, and shifting monetary policy towards the creation of credit to consolidate the building of world-class domestic industries.
In parallel, there’s a serious debate in Moscow that Russia should proceed along the same path. As an analyst puts it, “Russia should not import anything but technologies it needs until it can create them themselves and export only the oil and gas that is required to pay for imports that should be severely restricted. China still needs natural resources, which makes Russia and China unique allies. A nation should be as self-sufficient as possible.”
That happens to mirror the exact CCP strategy, as delineated by President Xi in his July 31 Central Committee meeting.
And that also goes right against a hefty neoliberal wing in the CCP – collaborationists? – who would dream of a party conversion into Western-style social democracy, on top of it subservient to the interests of Western capital.
Comparing China’s economic velocity now with the US is like comparing a Maserati Gran Turismo Sport (with a V8 Ferrari engine) with a Toyota Camry. China, proportionately, holds a larger reservoir of very well educated young generations; an accelerated rural-urban migration; increased poverty eradication; more savings; a cultural sense of deferred gratification; more – Confucianist – social discipline; and infinitely more respect for the rationally educated mind. The process of China increasingly trading with itself will be more than enough to keep the necessary sustainable development momentum going.
The hypersonic factor
Meanwhile, on the geopolitical front, the consensus in Moscow – from the Kremlin to the Foreign Ministry – is that the Trump administration is not “agreement-capable”, a diplomatic euphemism that refers to a de facto bunch of liars; and it’s also not “legal-capable”, an euphemism applied, for instance, to lobbying for snapback sanctions when Trump has already ditched the JCPOA.
President Putin has already said in the recent past that negotiating with Team Trump is like playing chess with a pigeon: the demented bird walks all over the chessboard, shits indiscriminately, knocks over pieces, declares victory, then runs away.
In contrast, serious lobbying at the highest levels of the Russian government is invested in consolidating the definitive Eurasian alliance, uniting Germany, Russia and China.
But that would only apply to Germany after Merkel. According to a US analyst, “the only thing holding back Germany is that they can expect to lose their car exports to the US and more, but I tell them that can happen right away because of the dollar-euro exchange rate, with the euro becoming more expensive.”
On the nuclear front, and reaching way beyond the current Belarus drama – as in there will be no Maidan in Minsk – Moscow has made it very clear, in no uncertain terms, that any missile attack from NATO will be interpreted as a nuclear attack.
The Russian defensive missile system – including the already tested S-500s, and soon the already designed S-600s – arguably may be 99% effective. That means Russia would still have to absorb some punishment. And this is why Russia has built an extensive network of nuclear bomb shelters in big cities to protect at least 40 million people.
Russian analysts interpret China’s defensive approach along the same lines. Beijing will want to develop – if they have not already done so – a defensive shield, and still retain the ability to strike back against a US attack with nuclear missiles.
The best Russian analysts, such as Andrei Martyanov, know that the three top weapons of a putative next war will be offensive and defensive missiles and submarines combined with cyber warfare capabilities.
The key weapon today – and the Chinese understand it very clearly – is nuclear submarines. Russians are observing how China is building their submarine fleet – carrying hypersonic missiles – faster than the US. Surface fleets are obsolete. A wolf pack of Chinese submarines can easily knock out a carrier task force. Those 11 US carrier task forces are in fact worthless.
So in the – horrifying – event of the seas becoming un-sailable in a war, with the US, Russia and China blocking all commercial traffic, that’s the key strategic reason pushing China to obtain as much of its natural resources overland from Russia.
Even if pipelines are bombed they can be fixed in no time. Thus the supreme importance for China of Power of Siberia – as well as the dizzying array of Gazprom projects.
The Hormuz factor
A closely guarded secret in Moscow is that right after German sanctions imposed in relation to Ukraine, a major global energy operator approached Russia with an offer to divert to China no less than 7 million barrels a day of oil plus natural gas. Whatever happens, the stunning proposal is still sitting on the table of Shmal Gannadiy, a top oil/gas advisor to President Putin.
In the event that would ever happen, it would secure for China all the natural resources they need from Russia. Under this hypothesis, the Russian rationale would be to bypass German sanctions by switching its oil exports to China, which from a Russian point of view is more advanced in consumer technology than Germany.
Of course this all changed with the imminent conclusion of Nord Stream 2 – despite Team Trump taking no prisoners to sanction everyone in sight.
Backdoor intel discussions made it very clear to German industrialists that if Germany would ever lose its Russian source of oil and natural gas, coupled with the Strait of Hormuz shut down by Iran in the event of an American attack, the German economy might simply collapse.
There have been serious cross-country intel discussions about the possibility of a US-sponsored October Surprise involving a false flag to be blamed on Iran. Team Trump’s “maximum pressure” on Iran has absolutely nothing to do with the JCPOA. What matters is that even indirectly, the Russia-China strategic partnership has made it very clear that Tehran will be protected as a strategic asset – and as a key node of Eurasia integration.
Cross-intel considerations center on a scenario assuming a – quite unlikely – collapse of the government in Tehran. The first thing Washington would do in this case is to pull the switch of the SWIFT clearing system. The target would be to crush the Russian economy. That’s why Russia and China are actively increasing the merger of the Russian Mir and the Chinese CHIPS payment systems, as well as bypassing the US dollar in bilateral trade.
It has already been gamed in Beijing that were that scenario ever to take place, China might lose its two key allies in one move, and then have to face Washington alone, still on a stage of not being able to assure for itself all the necessary natural resources. That would be a real existential threat. And that explains the rationale behind the increasing interconnection of the Russia-China strategic partnership plus the $400 billion, 25-year-long China-Iran deal.
Bismarck is back
Another possible secret deal already discussed at the highest intel levels is the possibility of a Bismarckian Reinsurance Treaty to be established between Germany and Russia. The inevitable consequence would be a de facto Berlin-Moscow-Beijing alliance spanning the Belt and Road Initiative (BRI), alongside the creation of a new – digital? – Eurasian currency for the whole Eurasian alliance, including important yet peripheral actors such as France and Italy.
Well, Beijing-Moscow is already on. Berlin-Beijing is a work in progress. The missing link is Berlin-Moscow.
That would represent not only the ultimate nightmare for Mackinder-drenched Anglo-American elites, but in fact the definitive passing of the geopolitical torch from maritime empires back to the Eurasian heartland.
It’s not a fiction anymore. It’s on the table.
Adding to it, let’s do some little time traveling and go back to the year 1348.
The Mongols of the Golden Horde are in Crimea, laying siege to Kaffa – a trading port in the Black Sea controlled by the Genoese.
Suddenly, the Mongol army is consumed by bubonic plague.
They start catapulting contaminated corpses over the walls of the Crimean city.
So imagine what happened when ships started sailing again from Kaffa to Genoa.
They transported the plague to Italy.
By 1360, the Black Death was literally all over the place – from Lisbon to Novgorod, from Sicily to Norway. As much as 60% of Europe’s population may have been killed – over 100 million people.
A case can be made that the Renaissance, because of the plague, was delayed by a whole century.
Covid-19 is of course far from a medieval plague. But it’s fair to ask.
What Renaissance could it be possibly delaying?
Well, it might well be actually advancing the Renaissance of Eurasia. It’s happening just as the Hegemon, the former “end of history”, is internally imploding, “distracted from distraction by distraction”, to quote T.S. Eliot. Behind the fog, in prime shadowplay pastures, the vital moves to reorganize the Eurasian land mass are already on.
Spread & Containment
COVID-19 Testing Resumes In Beijing, Shandong, As Reinfection Cases Surge
COVID-19 Testing Resumes In Beijing, Shandong, As Reinfection Cases Surge
Authored by Alex Wu via The Epoch Times,
China has resumed COVID-19…
Authored by Alex Wu via The Epoch Times,
China has resumed COVID-19 PCR testing in Beijing and Shandong Province amid rising re-infections, while the regime’s top health advisers have warned of a new wave of mass infections.
Since May 29, mainland netizens have posted on Chinese social media platforms that PCR test kiosks in Beijing are quietly back in business.
Mainland media “City Interactive,” a subsidiary of Zhejiang “City Express,” reported on May 30 that one of the PCR testing booths that netizens posted about was in Beijing’s Xicheng District, where the central government and the Beijing municipal government are located.
The staff of that testing kiosk said that the PCR test there has never stopped, reported “City Interactive”, without being clear how long it had been open.
“We have been doing nucleic acid testing in Xicheng District, but I’m not sure about other districts in Beijing,” a staff member said.
The staff member said the laboratory she works for is mainly responsible for nucleic acid testing within Xicheng District. Currently, there are more than ten testing points outdoors, and one person is on duty for each booth from 9:00 am to 5:00 pm.
Residents get swabbed during mass COVID-19 testing in the Chaoyang District in Beijing on June 14, 2022. (Andy Wong/AP Photo)
A testing kiosk in Chaoyang District, Beijing’s central business district, has been operating since March, reported “City Interactive.” The testing booth staff said it is in the health center near Jinsong Middle Street.
Ms. Wang, a Beijing resident, told The Epoch Times on May 28 that some people have taken the PRC test while others have chosen not to.
She said many people around her, including her child, have already re-infected twice.
“This time, the symptoms seem to include a high fever and then sore throat, very painful,” she said.
“Most people are just resting at home now. Seeing a doctor is very expensive, and now many medicines are paid for by ourselves.”
Gao Yu, a former senior media person in Beijing, confirmed what Wang said. She told The Epoch Times that the relatives around her have been re-infected two or three times, and most are just resting it off at home.
Shandong Resumes Testing
PCR testing booths in Qingdao City, Shandong Province, have also reopened.
A “Peninsula Metropolis Daily” report included a screenshot of an online notice posted by the Laoshan District Health Bureau in Qingdao, which announced that from May 29, the district will conduct COVID-19 PCR testing for “all people who are willing.”
It also listed the working hours of the testing sites, from 7:00 am to 4:00 pm, seven days a week.
Another mainland Chinese media, “Xinmin Evening News,” reported on May 31 that the staff in the district bureau confirmed that the testing has resumed and is for free.
Zhong Nanshan, China’s top respiratory disease specialist, predicted on May 22 that a new wave of COVID-19 infections in China will likely peak in late June when weekly cases could reach 65 million. Then, one Omicron-infected patient will be able to infect more than 30 people, Zhong said, adding that the infection is difficult to prevent.
A security personnel in a protective suit keeps watch as medical workers attend to patients at the fever department of Tongji Hospital, a major facility for COVID-19 patients in Wuhan, Hubei Province, China, Jan. 1, 2023. (Staff/Reuters)
Chinese citizens across the country have said on social media that infections have been swelling since March.
Zhong also said there had been a small peak in infections at the end of April and early May.
Most COVID-19 infections in mainland China are currently caused by the XBB series mutant strains of Omicron. Among the locally transmitted cases, the percentage of XBB series variants increased to 83.6 percent in early May from 0.2 percent in February.
Zhang Wenhong, China’s top virologist and director of China’s National Center for Infectious Diseases, also warned in late April at a conference that COVID-19 infections would reoccur after six months when immunity gained from prior infections has worn out.
4 Reasons You’re Not Making Money With Penny Stocks
How to make money with penny stocks.
The post 4 Reasons You’re Not Making Money With Penny Stocks appeared first on Penny Stocks to Buy, Picks, News…
Have you ever been curious about penny stocks or how to make money with them? If you’ve seen any stock market game or movie about trading, I’m sure the topic has piqued your interest. It seems easy, right?
Just load up some cash into some mobile brokerage account, and you can start making money with penny stocks. They’re only cheap stocks, right? How hard could it be?
The rise of meme stocks like AMC Entertainment (NYSE: AMC) and GameStop (NYSE: GME) did something interesting to the stock market; it brought a whole new type of “investor” into the fold. The idea of “buy and hold” was thrown out the window in exchange for capitalizing on short squeezes and breakout stocks. It also put penny stocks at the center of the spotlight. But in this case, it wasn’t about how these cheap stocks could jump in a single day; it was the potential of a much bigger move.
Let’s look at the AMC and GME examples.
GME Stock Explodes 16,967%
The GameStop saga began much earlier than 2021. In fact, GME stock was a frequent mention on PennyStocks.com over the last few years. One of the most significant developments came when “Big Short” investor Michael Burry actually got behind GameStop. Jumping ahead to the meme stock explosion and the sub-$5 GME was now trading at a modest $20. In a movement more akin to the movie, The 300, traders locked down during the pandemic found a common goal: fight against hedge funds that had depressed certain “underdogs” for so long. Ultimately, GME stock would explode to highs of $483 in a move of nearly 17,000% in less than a year.
AMC Stock Surges 3,700%
Thanks to the attention that GME stock received, the new “Ape Army” was on the hunt for the next heavily shorted, all-but-forgotten penny stock to buy. In early 2021, AMC stock was, by all accounts, considered a penny stock. It met the standard sub-$5 definition and was relatively illiquid. The underlying company had also taken its licks in the market. That was due to a floundering business at the time, thanks to COVID restrictions.
But some saw the potential in the company, including our writers. We pointed AMC out in November 2020 as one of the top epicenter penny stocks to watch before the new year. Fast-forward and AMC stock became one of the leading meme stocks at the center of interest. This was for thousands of traders taking their first step into the stock market. Shares of AMC stock surged from under $2 to highs of over $72 in one of the most epic rallies in recent history.
4 Reasons Why You’re Not Making Money With Penny Stocks & How To Change That!
So, if AMC stock theoretically turned $1,000 into $37,000 and GME stock took the same $1,000 and made it nearly $170,000, why aren’t you making money with penny stocks?
1. You’re Trying To Find Duplicates
So many new traders started by taking advantage of the moves in AMC and GME stock. It was a global phenomenon that brought in all the appeal, including scandal, money, & a David and Goliath type storyline. When hundreds of thousands or even millions of investors focus on a single issuer, these moves can happen. But it’s a rare occurrence. Sure, you have your groups of traders agreeing on a similar trade idea at times. But what we saw happen with the Ape movement was an outlier.
One of the first reasons that new traders aren’t making money with penny stocks is that they’re trying to find “the next GME” or “the next AMC” instead of learning how to trade. The fact is, there are plenty of penny stocks that explode 50%, 100%, or even over 300% within a matter of days or weeks. But all-too-many new traders see a position up 300% and think, “Well, this is it. THIS is the next GME; I found it,” only to see share prices implode soon after. The vast majority of penny stocks are young companies or ones looking to get on their feet. They are priced lower for various reasons.
The Solution: As a trader, understanding how to set profit targets, stop losses, and manage risk is the first step in removing this issue from your trading strategy. Have a plan, execute the plan, and have backstops in place to protect your capital if things don’t go as planned.
2. Catching The “Whole Move” In Penny Stocks
Like a good piece of fruit you’re trying to juice, you want to get every drop out of it. Rarely does this happen. There’s always some liquid left in the rind. Like fruit juice, catching the entire move in penny stocks tends to result in more failed trades than winning ones. At most, attempting to “top tick” your sale or “bottom tick” your entry will force you to deviate from your original plan.
Sure, technically, the GME and AMC stock moves were between$3,700 and nearly $17,000 from low to high on the charts. But the chances of catching the entire move are low. Another reason why you might not be making money with penny stocks is you hold too long, hoping to see the whole move.
Penny Stocks Get Big Boost From r/WallStreetBets & Reddit Buying Spree
The Solution: Clearly outline your trading game plan ahead of time. Set your price targets for selling shares, set your stop-losses, and, most importantly, STICK TO THE PLAN! Not catching the entire move is fine as long as you remember why you’re trading in the first place: to make money and repeat the process. At the end of the day, if you “sell too early,” as long as the underlying trend is strong, there should be more opportunities to re-enter a trade if you choose.
3. Letting Emotions Dictate Your Strategy
We’re talking about penny stocks here. You can buy them for as little as $0.0001 per share or as much as $5 if you stick to the definition of penny stocks. In all cases, small moves in price equate to much more substantial percentage changes than higher-priced stocks.
So it’s not hard to imagine that if you’re up 30% on a penny stock, “just a few more pennies” could put you up 40% or 50%. When emotions dictate your strategy and force you to deviate from your original plan, that’s when things can go south. Holding out for another 10%, in this example, could end up costing you much more based on how volatile stocks are. Look at a recent example of how volatility can quickly turn a winning trade into a break-even or losing trade.
– Looking for Marijuana Penny Stocks? 3 Tips to Consider
In late-2021, shares of Remark Holdings (NASDAQ: MARK) exploded from under $1 to over $6 within a 2-day timeframe. But, by day #3, MARK stock was already back at $2. Letting emotions take over, thinking “this is the next GME,” likely caused more losses than gains. The traders who made the most money from MARK stock traded according to their original plan. Was the trend strong? Ultimately, the answer to that question is “no,” but those holding out, thinking $6.70 wasn’t “the top yet,” more than likely found out exactly why emotion has no place in trading.
You even had former penny stocks like Novavax (NASDAQ: NVAX) and FuelCell Energy (NASDAQ: FCEL) go on epic rallies but ultimately plummet from their record highs.
The Solution: STICK TO YOUR PLAN! Most of the time, a clear, defined strategy will yield more consistent results than “a gut feeling.” Will there be outliers? Definitely, and you’ve got to be alright knowing that you might catch the entire move in a penny stock. Again, if a trend is truly strong, it will give multiple opportunities to profit.
4. You Don’t Know How To Trade Penny Stocks (or other stocks)
Let’s face it if you saw the moves that AMC stock and GME stock made, your outlook on trading is much different from those who’ve been in the market for years. These massive breakouts brought a different mentality to the market that was more about “betting” on winning trades than identifying them. If that sounds like you, that’s ok (for now). The market doesn’t have to be one big bet; you can become consistently profitable and don’t need to have an AMC-type move to do it.
The Solution: Learn the basics, understand technical analysis, learn how different types of news impacts the market, and know what various SEC filings mean and how to use them. There are many ways to make money with penny stocks, just like there are plenty of ways to do other professions. But the first step is learning how to do so the right way.
Take a step back and learn. Believe it or not, trading can be a full-time profession and is one for thousands of market participants. Like any profession, learning basic and advanced techniques is key to making it to the top of your game. Getting lucky is one thing but becoming consistent in your trading is another; luck doesn’t have a place.
Should You Trade Penny Stocks?
That depends on your goals and your risk tolerance. Penny stocks are not suitable for everyone, but they can be a great way to make money if you’re willing to take on the risks. Do your research and understand the risks before you trade penny stocks. And never invest more than you can afford to lose. Penny stocks are risky, but they can be a great way to make money if you know what you’re doing.
If you are interested in learning more about penny stocks and the stock market as a whole, then you need to check out True Trading Group, the fastest growing & highest-rated online premium educational platform available today.
True Trading Group offers a 7-day Trial of its platform for a 1-time, non-auto renew payment of just $3! To Learn More Click Here.
The post 4 Reasons You’re Not Making Money With Penny Stocks appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.nasdaq stocks pandemic penny stocks army epicenter
Florida ‘freakishness’: why the sunshine state might have lost its appeal
Florida’s image as a safe sun and theme park destination may be threatened by recent political divisions and gun crime.
Florida is known worldwide for its beaches, resorts and theme parks, but has recently made headlines for a different reason. The state has been rocked by political controversies, bitter debates and fatal shootings at odds with its previously laid back holiday destination image.
In his 1947 book, Inside USA, writer John Gunther described Florida’s “freakishness in everything from architecture to social behaviour unmatched in any American state”. If Gunther had been writing today, he might be just as judgemental.
Florida’s recent political turmoil can be attributed to some highly contentious policies. The state has witnessed heated debates and legislative battles on issues including abortion, gun control, education, LGBTQ+ rights and voting rights.
Florida has been derided as “the worst state” in which to live, one of the worst in which to be unemployed or a student, and not a good place to die.
Even Donald Trump, who moved to his Florida Mar-a-Lago home during his presidency, has called it “among the worst states” to live in or retire to. This was an attack on Florida governor Ron DeSantis, who is also running for the Republican presidential nomination.
What was once considered by many to be a purple state – one that could either be Republican or Democrat – is now fiercely Republican. In recent years, the divide between those of different political beliefs has become toxic.
Importance of international image
International tourism and trade is huge business for Florida. In 2022, more than 1.1 million people visited Florida from the UK, the second largest group of international visitors on an annual basis. The UK is also Florida’s eighth largest trade partner with bilateral trade reaching $5.8 billion (£4.6 billion) in 2022. So state leaders might worry about tarnishing its image abroad.
Business leaders are already fretting about a fall in international visitor numbers linked to COVID and negative media coverage of the state. Around US$50 million was invested in marketing the state to tourists in 2023, this is expected to rise dramatically in 2024. The state’s ability to attract workers to keep its tourism and other industries going is weakening, reports suggest.
Heather DiGiacomo, chief of staff at the Florida Department of Juvenile Justice, told Florida senators that applications for jobs at state-run agencies were down and staff retention was down too. “These turnover rates … impacts the number of well-trained staff available to mentor new staff and puts additional strain on current staff without longer shifts in detention.”
Republican governor Ron DeSantis, now a presidential candidate, has been at the centre of Florida’s significant political divisions. The Republican state legislature’s controversial partisan bills, such as the recent redrawing of the electoral map to benefit the Republican party, was signed into law despite intense opposition.
While his conservative policies on taxes, regulation and immigration have won strong support from conservatives, critics argue that he prioritises partisan politics over the needs of all Floridians. His outspoken handling of the COVID pandemic sparked controversy, with accusations of downplaying the severity of the virus and prioritising economic interests.
Florida’s restrictive abortion laws have also attracted national and international attention. In April 2023, the state passed the foetal heartbeat bill, which prohibits abortions once a foetal heartbeat is detected, typically at around six weeks gestation. This law has faced significant backlash from reproductive rights advocates, who argue that many individuals may not even be aware of their pregnancy at such an early stage.
School shootings and gun laws
The Marjory Stoneman Douglas High School Public Safety Act was passed into Florida state law after the tragic Parkland school shooting in 2018, in which 17 people were killed. But it was controversial because it did not place restrictions on gun ownership or introduce background checks before gun purchases, but allowed schools to employ armed “guardians”. Critics argued that it fell short of addressing the root causes of gun violence in Florida.
There were seven mass shootings in Florida in the first two months of 2023. Despite this, the state has just passed a law that will come into effect on July 1 that will allow anyone who can legally own a gun in Florida to carry one without the need for a permit.
Florida’s partisan divide has been exacerbated by the introduction and passage of several laws that discriminate against the LGBTQ+ community. These laws cover areas including adoption, education, and transgender rights.
This year a massive LGBTQ event in a Florida theme park, which typically attracts 150,000 people, is taking out extra security measures, after new “don’t say gay” state laws were introduced in 2022. These rules ban teachers from discussing topics including sexual orientation. More generally, travel advisory warnings have been issued on the risks of travel to the state for LGBTQ+, African American and Latino people. A recent federal ruling overturned municipal bans on conversion therapy.
Although the “don’t say gay” bill was originally only aimed at third grade students and under, the bill has since been extended by Florida’s Board of Education to apply to all school pupils.
DeSantis has also become embroiled in a long legal and political battle with the Walt Disney Company, a major state employer, over the “don’t say gay” legislation. Disney recently announced it was cancelling a US$1 billion office complex project in the state.
Bills that restrict transgender students’ participation in school sports teams consistent with their gender identity have also sparked heated debate.
Meanwhile, changes in voting laws brought in by the state, including stricter identification requirements and limitations on the drop boxes where voters can leave mail-in ballots, have been criticised for making it more difficult for some people to vote.
Florida’s recent political turmoil has thrust the state into the national, and global, spotlight. Its deeply partisan divide, controversial policies and gun laws have created a toxic political climate, which has the ability to significantly damage the sunshine state’s appeal.
Dafydd Townley does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.trump governor pandemic therapy uk
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