Saturday, March 15, 2025

The US Will Cannibalize Its Own Allies And Vassals to Survive | Lu QiYuan

President Trump said something very honest: “If China and the US work together, we can solve all the problems in the world.” However, the establishment elite in the United States face an ideological challenge. They are fundamentally anti-China, and the Chinese ruling elites do not accept the concept of liberal democracy. The Chinese elite, myself included, are profoundly nationalistic and patriotic. To us, social harmony and unity are more important than life itself. The love the Chinese people have for our country, especially our youth, is something Americans cannot comprehend. So the idea of China and the US running the world together—the G2 concept—was rejected by Americans from the beginning. Now, even if the Americans want to pursue that path, it is too late. The train has already left the station.

» China will form an alternative economic and political system outside the Western world,
and the only way the US can survive is by cannibalizing its own allies and vassals. 
We are witnessing the collapse of the entire Western world. « 
 Lu QiYuan, Geopolitical Economist.

The US provoked the Ukraine war in an attempt to regime-change Russia, turn it into a US proxy, and surround and contain China. China foresaw this, which is why Xi Jinping and Putin met just a few weeks before the Ukraine war and signed a “no-limits partnership” against NATO expansion. From the perspective of Chinese elites, NATO is merely an imperial tool for US power projection. The strategic rivalry between China and the US is no longer just a competition between two countries, but between two ego systems. It is no longer China trying to bargain with its unipolar master under the United States’ global hegemonic roof. Instead, it is a competition between two separate, independent powers. The competition is now between the US-dominated Western power ego system and the China-led new ego system.

 
 » The US cannot stop China's development—it's like telling the sun, 'Don't rise'. «

This trajectory has been in motion since 2012, when China partially detached its currency from the US dollar, when the Obama administration began to aggressively suppress China’s growth, and when China started its tax reform in 2014. Over the last decade, China has slowly been recreating an alternative network with the rest of the world, as the US has been pushing us out of the original structure. From now on, China will form an alternative economic and political system with the rest of the world, particularly with East Asia, outside the Western world. By the Western world, I mean the US, Canada, Europe, and Japan—the roughly "Golden Billion" who once oppressed the Global South. Now, through China’s rise, they are forming their own ego system, separate from the original Western-centric structure.

The competition and rivalry between these two ego systems mark a dangerous era for the world, because we are talking about the transfer of energy from one system to another. If this is mishandled, it could lead to the destruction of both systems. The creation of this new world system is incomplete because the financial and monetary system is incomplete. And finally, we are witnessing the integration, not the disintegration, of the Western world. Not the collapse of the United States, but the collapse of the entire Western world.

 
» The first set of allies to fall victim to US cannibalism 
will be Europe, Japan, South Korea, and Taiwan. «

Perhaps we should credit the new president of the United States, Donald Trump, for accelerating this process. The drama in the Oval Office between Trump and Zelensky delivered the fatal blow to Western unity. Following Trump’s tariff on Europe, we will witness the collapse of the economic and political systems of the Western-led world order. What we are familiar with is the collapse of the Soviet Union. This time, it is the collapse of the West.

Within this Western-led ego system, when the biggest player—the United States of America—can no longer absorb nutrition from its Global South economic vassels and satellites, when it can no longer consume the energy it requires to survive from the East (i.e., China), the only way it can survive is to consume energy and nutrition from its own allies. And the first set of allies to fall victim to US cannibalism will be Europe, Japan, South Korea, and Taiwan.

»
NATO 'boss' Mark Rutte didn't say a single word.«

 
This is the principle of capitalism, like the law of physics. The United States does not love or hate Ukraine. The goal has always been to drain Europe’s resources. This is why so many so-called intellectuals and political experts in Europe, Canada, and Taiwan are shocked by the current events, like naive kindergarten children, saying things like, "Our Papa, the United States, is abandoning us." But let me tell you this: do not be shocked, because this is only the beginning. Soon, they will be horrified by what is to come: "Our Papa is going to devour us."

 
See also:

Friday, March 14, 2025

S&P 500 Retracement Levels for the Week of March 17-21 | Low of 2025 In?

S&P 500 (daily bars) - March 14: daily reversal (Total Lunar Eclipse); close above EMA (5). After worst start of year “5” in history, March 13 possible low of 2025? Hurst cycles suggest, not yet. Average seasonality now positive; the more specific one still isn't. Mid April high, early May low possible. Next week up into Tuesday or FOMC likely. Immediate targets: November low, last week's high, and 0.382 level. Week of March 17-21 = Manipulation-Phase in the weekly X-AMD pattern for March. 
 
 
Larry Williams,  2000.
 
See also:

The ‘Mar-a-Lago Accord’ Chatter Is Getting Wall Street’s Attention | Jim Bianco

It might sound too extreme to even consider, but the idea that President Donald Trump could force some of the US's foreign creditors to swap their Treasuries for "zero-coupon" bonds—in other words, zero-interest bonds that do not mature for a century—in order to lighten the nation’s debt load is being taken seriously by some.

That’s exactly what Jim Bianco guided his clients to discuss after rumors of a so-called "Mar-a-Lago Accord" began to spread. To be clear, Bianco doesn’t anticipate this happening soon, if ever. But in many ways, that’s beside the point. Trump, Bianco said, could very well disrupt the entire global financial system within the next four years, and Wall Street needs to be ready for that.


Bianco, a market veteran with over 30 years of experience and founder of Bianco Research, explained that restructuring America’s debt is part of the Trump administration’s broader plan to overhaul global trade through tariffs, weaken the dollar, and reduce borrowing costs—all with the goal of making US industries more competitive on the world stage. Other pieces of the plan include setting up a sovereign wealth fund (which Trump has already started) and pressuring US allies to contribute more to defense spending.

“You have to start thinking big and you have to start thinking bold about what is going on here. The Mar-a-Lago Accord is not actually a thing, it’s a concept. It is a plan to basically remake some of the financial system.”

 
The term “Mar-a-Lago Accord” is a play on the 1985 Plaza Accord and the 1944 Bretton Woods Agreement—two major agreements that shaped the modern global economic system, each named after the locations where they were negotiated.

Many of the ideas behind this agenda stem from a November 2024 paper by Stephen Miran, Trump’s nominee to lead the White House Council of Economic Advisers. In it, the former Treasury official proposed a strategy for reforming the global trading system and addressing economic imbalances caused by the “persistent dollar overvaluation.” The paper also highlighted that President Trump has long been focused on putting American industries on a fairer playing field globally.

»
Everything that President Trump’s administration is doing will be disinflationary. «
US Treasury Secretary Scott Bessent, February 20, 2025.
 
Bianco noted that this vision doesn’t necessarily clash with Treasury Secretary Scott Bessent’s statement that “the US still has a strong dollar policy.” This is because, while the US may aim for a weaker trade-weighted dollar (which measures the dollar’s value against that of its trading partners) to narrow the trade deficit, financial indicators of the dollar, such as the Bloomberg Dollar Spot Index, could still rise. 

“Stephen Miran and Scott Bessent seem to be kind of singing from the same hymn sheet. The whole idea hopefully is lower the value of the dollar, lower the value of interest rates, bring down the debt burden in the country. And that’s what they’re trying to do.”

» Scott Bessent is one of the most powerful champions of the US deep state. He is the real gladiator behind Trump 2.0,
not Elon Musk. His role will be crucial in keeping the US empire alive. Bessent is extremely intelligent and capable.
Bessent’s capabilities go beyond what most people can imagine. He possesses a deep understanding of monetary, currency,
and financial systems—and, more importantly, he has real-world combat experience in financial warfare. He is a genius.
But like everyone, Bessent also has his flaws. People like him, who are highly capable and self-confident,
often don’t hide their moves or intentions. «
 
Bianco, echoing Miran’s paper, also referenced former Credit Suisse strategist Zoltan Pozsar, who has long argued for a “Bretton Woods III” overhaul as part of his theory that the dollar will play a less dominant role in global finance in the coming decades. One of Pozsar’s central ideas is that other countries should pay more for the security and stability provided by the US. One potential way to do this is by swapping some of their Treasuries for 100-year, non-tradable zero-coupon bonds. If these nations needed immediate access to funds, the Federal Reserve could make it temporarily available to them via a lending facility.

Bianco emphasized that such a debt swap may never actually happen, and if it were pursued, it would require extensive international cooperation and could potentially destabilize the global financial system. However, bond markets have shown little concern so far, with Treasury trading remaining relatively calm in recent days. Still, Bianco’s point in discussing these ideas with his clients is to highlight the magnitude of the potential changes ahead.

“Take them seriously, don’t take it literally. If Trump is willing to blow up NATO, why wouldn’t he be willing to blow up the financial system?”

Reference:

Wednesday, March 12, 2025

Trump Managing the Collapse of the American Empire | Thierry Meyssan

On January 21 and 22, Donald Trump had gathered the central bankers and finance ministers of the G7 in his Mar-a-Lago residence. He is said to have welcomed them by telling: "No one will leave this room until we have found an agreement on the dollar." The agreement in question would therefore have been approved by the allies. The main idea would be for the US Treasury to issue government bonds that do not pay interest (what are called "zero coupons") and that would not mature for a century (that is, could not be exchanged for cash for 100 years). Washington would therefore have to force its allies to convert their debts into "zero coupons". 
 
 » No one will leave this room until we have found an agreement on the dollar. «
 
[...] The US public debt has now reached the astronomical sum of 34,000 billion dollars, of which only a third is held by foreign investors, according to Forbes. If some of the US creditors, mainly China and Saudi Arabia, were to ask for repayment, a gigantic economic crisis would occur as in 1929. Many economists regularly warn of this prospect. According to Jon Hartley of the Hoover Institution, central banks have not reduced the share of the dollar in their foreign exchange reserves since the war in Ukraine. However, on February 20, a videoconference by analyst Jim Bianco, taken up by the Bloomberg agency, rekindled concerns. According to this analyst, the Trump administration is following a plan, the "Mar-a-Lago Accord". It intends to radically restructure the US debt burden by reorganizing world trade through tariffs, devaluing the dollar and, ultimately, reducing the cost of borrowing, all with the aim of putting US industry on an equal footing with its competitors in the rest of the world. [...] De-dollarization, that is, using the dollar only at the national level of the United States and no longer in international trade, is the sea serpent of finance.

[...] If we accept this analysis, we must reinterpret various actions of President Trump, in terms of customs duties or the creation of a sovereign wealth fund. They no longer seem as erratic as the international press describes them, but on the contrary very logical. We must therefore consider that Donald Trump is trying to manage the possible economic collapse of Joe Biden’s "American empire" as Yuri Andropov, Konstantin Chernenko and Mikhail Gorbachev tried to manage that of Leonid Brezhnev’s "Soviet empire". I am all the more attentive to this hypothesis because, in my opinion, the coup of September 11, 2001 had no other goal than to postpone the foreseeable collapse of the “American empire”. The last two decades have been only a reprieve that, far from solving the problem, have only made it much more complex. 
 
[...] This time, cautiously, President Trump is lulling his public opinion to sleep by evoking the annexation of the entire North American continental shelf, from Greenland to the Panama Canal, while liquidating the war in Ukraine and the European Union. If my hypothesis is correct, we must not believe a word of the threats of annexation of new territories, such as Canada, and not imagine that the United States is withdrawing militarily from Europe to confront China, but admit that it is militarily abandoning its European allies. We see that it is abandoning Germany and relying on Poland to organize Central Europe, even if it means letting Warsaw annex Eastern Galicia (currently Ukrainian). Similarly, we must prepare to see the United States abandon its Middle Eastern allies, with the exception of Israel. Indeed, it has just resumed arms deliveries to Tel Aviv and begun secret talks with Iran via Moscow. They let Saudi Arabia and Turkey divide up the Arab world.

 » Russia needs the United States to avoid finding itself face to face with China. «

The competition between Paris and London to take the lead in European defense should therefore not be understood as opposition to peace in Ukraine. Neither the French nor the British armies have the possibility of replacing Washington’s military support. It is rather a question of determining the role that the two capitals will subsequently play on the continent. Emmanuel Macron, the French president, hopes to develop his defense concept around the French strike force, while Keir Starmer, the British prime minister, intends to take advantage of the situation. The former is aware that the European Union, around Germany, is disintegrating and that President Trump prefers the "Three Seas Initiative", around Poland. He could therefore reawaken the Weimar Triangle (Germany/France/Poland) to maintain some room for maneuver. While, from the same analysis and taking into account the disappearance of NATO, the second will ensure that Germany is kept as far away from Russia as possible, thus continuing his country’s foreign policy for a century and a half. 
 
»
Fuhrer Ursula is mobilizing everybody to re-militarize Europe. «
 
Note that if the European allies, the Chinese and the Saudis should consider it a scam to exchange their debts for “zero coupons”, Russia should on the contrary support the United States in this maneuver. Indeed, during the dismantling of the Soviet Union, Russia went through a decade of recession and unrest, but today it needs the United States to avoid finding itself face to face with China.

 
ooooOO0OOoooo
 
Trump’s Special Envoy, Steve Witkoff, is making his way to Moscow this week to “urge” Russia to agree to a ceasefire in Ukraine, or else, the White House announced today. It remains unclear whether President Vladimir Putin will even meet with him. Putin has already made Russia’s position clear: No “temporary” ceasefires. A whole new multipolar security order. Yalta 2.0. Long-term peace or nothing.

 » I hope it's not going to be necessary. «
GOAT One-Trick ZioCon MIGA-MAGA Don, March 12, 2025.

After the complete trainwreck in Saudi Arabia, where Washington bent over backwards to appease Ukraine’s fascist regime, agreeing to rearm the Nazi terrorists and give them a 30-day breather, it’s hard to see what’s even on the table. Russia doesn’t do ceasefires for Western rearmament. Russia dictates battlefield reality, not White House wishful thinking. Putin won’t waste more time on US theatrics unless there’s something real to discuss.

 Efforts to reasonably deal with the Trump administration failed, and on March 12,
Putin appears in military uniform for the first time since the start of the war.
 
If the US wants a real negotiation, it should finally realize where to start: First, stop this hollow and ridiculous propaganda charade of 'Trump aiming to broker a ceasefire and peace deal between Russia and Ukraine,' and acknowledge that Russia has defeated the US and all of NATO in Ukraine. The US has lost, is exhausted, humiliated, and bankrupt, and Russia has offered the new US administration a chance to at least save face and improve relations, instead of escalating into nuclear Armageddon. Second, stop financing and rearming the Zelensky regime, and cut its access to Starlink.

 
The GOAT fiscal MIGA-MAGA Ponzi scheme beyond repair.

If it's just about another silly PR stunt to please BlackRock and the 
deluded MIGA-MAGA gaga-crowds, you’d better DOGE the airfare, Witkoff.

Tuesday, March 11, 2025

United Kingdom Configured for Civil War Within the Next 5 Years | David Betz

At first glance, the distant and telegenic United Kingdom may appear to most outsiders as one of the least likely countries to experience widespread civil unrest, typical of failed regimes. However, years of uncontrolled large-scale immigration, multiculturalism, economic decline and impoverishment, injustice, oppression, the COVID-19 craze, public insecurity, corruption, enforced wokeness, media indoctrination, permanent war-and-terror hysteria, a surveillance state, and individual intimidation and submission have led to widespread and stark religious, educational, moral, and ethical degeneracy across all social realms, Zionist and Wahhabi-Salafi-controlled extremism, as well as nearly omnipresent discontent and tension. As a result, the failed UK regime now seems to be on the brink of precisely that.
 
Professor David J. Betz, a top academic and government advisor, expects that the UK will experience a civil war within the next five years, caused by the "destruction of legitimacy" brought about by the government's failure to secure the border. Betz made these claims during a remarkable, profound, and shockingly plausible podcast appearance with journalist and author Louise Perry.
 
» This is worse for Europe than bombs falling out of the sky. The enemies
of Europe know this, which is why this is their weapon of choice
. « 
 
Betz is neither alarmist nor sensationalistic. He has been researching and teaching at the Department of War Studies at King's College London for the past 25 years, focusing on the evolution of insurgency and counterinsurgency, information warfare and cyberwar, propaganda, civil-military relations, hybrid warfare, and grand military strategy. He has worked with the UK Ministry of Defence (MOD) and Government Communications Headquarters (GCHQ), in addition to being a contributor to the current British counter insurgency doctrine (COIN) and a Senior Fellow at the Foreign Policy Research Institute (FPRI). Professor Betz describes himself as a “classic member of the establishment” and explained Perry in concrete detail why and how British society is now "explosively configured" to experience mass unrest, critical infrastructure sabotage, and subsequent total breakdowns in institutions, society, economy, logistics, and law, along with excessive crime, violence, and anarchy. 
 
Now, what could and should be done to prevent all of this—power outages, burning cities, destroyed communication infrastructure, gang violence, looting, population displacement, famine, epidemics, and more? The UK is beyond repair; it's too late, and nothing and no one can stop this from happening. When from London, Manchester, Birmingham, and similar places, you may already have some experience, but might want to learn additional valuable lessons from recent examples like Aleppo, Benghazi, Caracas, Mogadishu, Lagos, or Port-au-Prince. Have a solid community, family, and friends, be prepared with food, water, cash, skills, and more, and try to mitigate the impending damage and consequences, Betz recommends.
 
 » Caused by the destruction of legitimacy. «
 Between 1997 and 2013 in Rotherham 1,400 girls were sexually abused by Pakistani grooming gangs. 
However, by 2020, a Home Office report found no links between ethnicity and child sexual abuse.

He said the fallout began with the fracture of the social contract after the political establishment in the UK tried to subvert the Brexit vote. Subsequent years have brought about a “destruction of legitimacy” as a result of successive governments’ open border policy and their inability to protect children and citizens from grooming gangs and rampant violence, in addition to a two-tier justice system presided over by a highly-politicized judiciary defending globalism, wokism, and illegal mass immigration. Given the situation today, this British scenario may apply, in one form or another, to most Western European countries, Canada, and possibly the US.

 

Europe Has Had Its Soul Colonized | Martin Sellner

Europe, and Germany in particular, has had its soul colonized. Generations — especially the Boomers — have unlearned how to think independently and with pride. 
 
 » I represent a consistent Central European position with primacy on remigration
Anything else would be sheer madness given the situation. «
 
They are mentally broken. Guilt and ‘gratitude’ towards foreigners define their identity.

Western liberals, raised under NATO, cannot thank the Allies enough for their ‘liberation.’
Eastern socialists, raised under the Warsaw Pact, express the same fervent gratitude towards the ‘Red Army.’

Instinctively, they are always in search of a new ‘protector.’ Psychologically, this mindset is understandable within the context of the 20th century. However, it is entirely unfit for the 21st century, the return of history, and the multipolar world. True Europeans are:

Against any cult of guilt and submission.
Against the East/West divide and the interference of foreign powers.
For the removal of the old elites, remigration, and a strong, renewed Central Europe on an equal footing with both 
      Russia and the United States.

 
Gene Sharp’s analysis of "Regime Change" is considered the blueprint for all globalist color revolutions in recent decades. Amid the rise of conservative and patriotic politics across all member countries of the European Union, aiming for regime change from the right, 36-year-old Austrian activist Martin Sellner's Identitarian Movement has adapted Sharp's key strategies, along with metapolitics, parliamentary patriotism, militancy, remigration, and cultural reconquista, encouraging debate and action among Europe's youth committed to securing their future and freedom.
 
See also:

S&P 500 Premium and Discount Levels in the Current 18-Month Cycle

 Current 18-Month Cycle in the S&P 500 (weekly bars, October 2023 to March 2025) and retracement levels.
 
The current 18-month cycle began in October 2023 and is expected to bottom between April and May 2025, likely falling below the August 2024 low and the 50% retracement level. J.M. Hurst's nominal 18-month cycle has an average wavelength of 17.93 months, or 77.98 weeks, or 545 calendar days, which can contract and expand significantly (see table and Hurst chart below). The weekly pattern for March appears to be the X-AMD version, meaning this week should be the month's (re-)accumulation phase (while Martin Armstrong alerted to a "panic cycle").
 
In his latest update, David Hickson expects the current 18-Month Cycle to bottom around May-June, and the current 80-Day Cycle this or next week (CPI, Quad Witching, FOMC Statement; see Hurst chart below). Lately, shorter Hurst cycles in the dollar-priced S&P 500 have been distorted by the significant changes in the EUR/USD valuation.