WILL PUTIN ANNOUNCE THE BEGINNING OF A RUSSIAN-CHINESE DEFENSE PACT?

[Sunsettommy]

A Son of the New American Revolution

WILL PUTIN ANNOUNCE THE BEGINNING OF A RUSSIAN-CHINESE DEFENSE PACT?

20 February 2023 by Larry Johnson

Excerpt:

Joe Biden made a semi-coherent speech in Kiev and may do an encore on Tuesday in Poland. I am confident he will display the same muddled thoughts and tangled syntax if he gets to a podium. Winston Churchill can rest in peace. Compared to Churchill, Biden’s oratory skills remind one of a chattering, grinning baboon. I wonder if the bookies in Vegas or London are offering odds on how many times he shouts and how many times he whispers in one speech? Got to admit it. The following furry fellow displays more charm and warmth than sleepy Joe.

Which brings me to Putin. He ain’t monkeying around. His much anticipated speech to both houses of the Russian parliament and to the military leadership will stand in stark contrast to the mumblings of Joe Biden. One subject where Biden is likely to break new ground is Russia’s future military alliance with China. Up to now Russia and China have participated in joint-exercises but, like a couple in the early stages of dating, they have not decided to tie the knot and get hitched. Not until now. The courting period may be ending and the dawn of a Russian/Chinese military alliance may be at hand.

Why do I say this? I am reading the tea leaves of leaks from the Biden team. This CNN piece is a prime example:

LINK

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This is why Biden should not have been elected as he is a total failure in Foreign Policy imagine the once unthinkable idea of Russia and China develop a military alliance made possible because America are run by stupid people who makes clear to the world, we want to bully you for money and power.

[Sunsettommy]

Comment from the above link:

jjh says

21 February 2023 at 08:41

“China has been dumping bonds since late 2021 as Biden has been claiming the US will defend Taiwan. I can confirm that under EVERY possible military play, the US will lose. I have reported this before. The US cannot defeat China – PERIOD! With China now selling off US debt and shifting to gold, they are seeking to insulate themselves from any Western currency since Biden violated every international law to impose sanctions on Russia. China elected Xi Jinping because Pelosi when to Taiwan just before the election confirming that we are headed to war.”

Beware the Plot Behind Interest Rates Martin Armstrong.

Sometimes you need to look behind the curtain before you understand the real trend. It is true that Federal Reserve officials are committed to fighting inflation and expect higher interest rates to remain in place until more progress is made, according to minutes released from the central bank’s December meeting. Also what has been reported is that at that meeting, policymakers expressed the importance of keeping the restrictive policy in place while inflation holds unacceptably high.

Now let’s look behind the curtail for just a peek. War ALWAYS impacts interest rates and they traditionally rise in periods of such conflict. After Europe kept rates NEGATIVE from 2014, that means every bond they sold for 8 years is now losing money. This was the bond crisis in London and then you had Janet Yellen come out and revealed the real silent worry.

Yellen came out and proposed that the Treasury buy in long-term debt and swap it for short-term. Some were out there claiming the Treasury was competing with the Fed as a second central bank. That just illustrated how much they do not understand what is going on or even how the monetary system works. The proposal was NOT another QE. The Treasury cannot create money as can the Fed. She was talking about a SWAP because the long-term debt is in crisis mode with the coming war. Smart players want to swap long-term for the short-term.

China has been dumping bonds since late 2021 as Biden has been claiming the US will defend Taiwan. I can confirm that under EVERY possible military play, the US will lose. I have reported this before. The US cannot defeat China – PERIOD! With China now selling off US debt and shifting to gold, they are seeking to insulate themselves from any Western currency since Biden violated every international law to impose sanctions on Russia. China elected Xi Jinping because Pelosi when to Taiwan just before the election confirming that we are headed to war.

Against this backdrop, the Fed CANNOT lower interest rates. This is NOT 100% about inflation anymore. The Fed realizes that the Biden Administration is determined to create World War III. As we are heading into a war they must adopt a war posture as well. Hence, interest rates will remain firm because not just inflation driven by shortages, but by the fact that the long-term liquidation continues, and lowering interest rates would now cause a capital crisis when staring war in the eyes.