Reader’s Links for November 6th, 2022

Here is a link to the VladTepesBlog social media Mastodon Pod. Please feel free to check it out and sign up for an account if you are sufficiently annoyed with Twitter and Facebook to try something new.

Each day at just after midnight Eastern, a post like this one is created for contributors and readers of this site to upload news links and video links on the issues that concern this site. Most notably, Islam and its effects on Classical Civilization, and various forms of leftism from Soviet era communism, to postmodernism and all the flavours of galloping statism and totalitarianism such as Nazism and Fascism which are increasingly snuffing out the classical liberalism which created our near, miraculous civilization the West has been building since the time of Socrates.

This document was written around the time this site was created, for those who wish to understand what this site is about. And while our understanding of the world and events has grown since then, the basic ideas remain sound and true to the purpose.

So please post all links, thoughts and ideas that you feel will benefit the readers of this site to the comments under this post each day. And thank you all for your contributions.

This is the new Samizdat. We must use it while we can.

About Eeyore

Canadian artist and counter-jihad and freedom of speech activist as well as devout Schrödinger's catholic

36 Replies to “Reader’s Links for November 6th, 2022”

  1. “…There’s only one currency in the world that can print (itself) to buy oil, and that’s the United States…”.

    This creates huge demand for USD, and is the primary driver for its current strength, which is the main drama right now in international and domestic financial markets. This, along with the need for countries to service low interest rate USD loans to help run their economies, but who must now pay interest at substantially higher rates.

    The stresses created by this dynamic are pushing the need for countries around the world to find ways to purchase energy in their own currencies. This need becomes particularly acute when they have seen the U.S. confiscate Russian government bank accounts. All sovereigns, friendly to the U.S. or not, can then ponder the real possibility of their own miserable lot should they find themselves out of favour due to a geopolitical position they may consider necessary to hold.

    The resulting agreements being in part formed among countries as a consequence of the Russian asset confiscation are an attempt to bypass the USD for commodities exchange settlements. While the primary commodity in this regard may be energy based, all others are necessarily in tow. And while alternatives to USD settlements were already in the works, the Ukraine war has hastened the process.

    It is unknown whether this confiscation was an intentional signal to show all what can happen to those who step out of line, or was a massive blunder that has accelerated the demise of the USD., or both.

    Grant Williams, one of the world’s best at seeing the financial forest and its trees, says it is important to not only listen to the smartest people, but to understand the process by which they arrive at their positions. It isn’t enough to suspend your own reasoning because you’ve just heard someone you respect defend their opinion. It is more important to learn how they arrived where they did, because this way you, too, will be more able to adapt to changing situations.

    I have added a few of my own complimentary facts into summarizing this 1-hr. interview. The main takeaway is that we have drawn a lottery ticket that says we have won the opportunity to live through an economic paradigm shift in our time. Hurray.

    I have an acquaintance who calls me sometimes to pick my brain about money. Nice fellow. He considers himself a little ahead of the curve with respect to understanding the markets. I find this thinking perfunctory and so perilous. It reminds me of what the famous hockey coach, Don Cherry, said about admiring a beautiful pass you’ve just made. As you relax for just a second to take it in, your defenses have also relaxed as a 220-pound block of muscle is about to take your head off at 40 miles per hour.

    There is no “ahead of the curve” unless you’re the one building the road. So said Mr. Reflexivity, anyway.

    https://youtu.be/VuA9ZYX-kSU

  2. NEW YORK—More than three dozen people were injured, two critically, in a fire at a high-rise apartment building in Manhattan caused by a faulty battery, fire officials said.

    The blaze broke out Saturday morning in the 37-story building known as the Rivercourt on East 52nd Street, near the East River. Videos posted online showed people hanging out of apartment windows as firefighters used ropes to scale the building and smoke poured out of a window.

    Some residents above the floor where the fire started escaped to the roof, fire officials said.

    At a news conference, FDNY Commissioner Laura Kavanagh said the fire started in a 20th-floor apartment from a lithium battery connected to an unspecified micromobility device.

    https://www.ntd.com/officials-ny-fire-caused-by-lithium-battery-injures-38_868211.html

  3. How dare Doctors try to treat COVID with anything except unproven and toxic drugs and vaccines.

    Quarantine — establish unconstitutional government control — martial law.

    Travel in the world may be cut off. — i.e. Unvaccinated Canadians cannot enter USA — BUT unvaccinated from all over the world walk across the southern border —ARE YOU GETTING THE PICTURE?

    You will own nothing and be happy. We will protect you accept all treatments no resisting or else. Surrender to our control. It will never end until YOU stand up.

  4. global news – COP27 starts, puts climate compensation on agenda for 1st time

    Delegates at the United Nations’s COP27 climate summit in Egypt agreed on Sunday to discuss whether rich nations should compensate poor countries most vulnerable to climate change for their suffering.

    “This creates for the first time an institutionally stable space on the formal agenda of COP and the Paris Agreement to discuss the pressing issue of funding arrangements needed to deal with existing gaps, responding to loss and damage,” COP27 president Sameh Shoukry told the opening plenary.

    The item was adopted to the agenda in Sharm el-Sheikh, Egypt as world leaders arrived for the negotiations scheduled to run through Nov. 18.

    Much of the tension at COP27 is expected to relate to loss and damage — funds provided by wealthy nations to vulnerable lower-income countries that bear little responsibility for climate-warming emissions.

    At COP26 last year in Glasgow, high-income nations blocked a proposal for a loss and damage financing body, instead supporting a new three-year dialog for funding discussions.

    The loss and damage discussions now on the agenda at COP27 will not involve liability or binding compensation, but they are intended to lead to a conclusive decision “no later than 2024,” Shoukry said. “The inclusion of this agenda reflects a sense of solidarity for the victims of climate disasters,” he added.

  5. global news – Climate financing to be front and centre during conference talks

    Redmond Shannon explains why finances will be one of the biggest sticking points at this year’s event.

    • Look at the amount of methane emitted in that room. Such horse pucky. Oh my the sky is falling, the sky is falling, the sky IS falling.