Thank you! I am an ex-banker, who left the business world to raise my kids and I did all of the "right" things for many years to ensure that my husband and I would have a comfortable retirement. We were never wealthy but we were careful with our money and set everything up to be able to stay in our home, travel a little, give to our favorite charities, and help our kids get established.
But now, as you say, our "balanced" portfolio is tanking and our expenses are rising by double digits! So much for a "comfortable" retirement!
I know you are not a financial advisor but I am curious as to your thoughts from an economic standpoint. If stocks are crashing because of Biden's policies, and bonds are tanking, and cash accounts can't keep pace with inflation, then WHAT are we "little people" supposed to do?
As for the Nazism, they can’t avoid it. A Short History of Ukraine State
The Ukraine is a historically new construction. Until the late 19th century, the Ukraine was merely a region, and 100% of its inhabitants, the Ukrainians, or Rusyns (Ruthenians) as they were called in areas under Austria at that time, considered that their language, or whatever regional dialect they spoke, was Russian (“Russka mova”), and they had zero political awareness or identity separate from Russia (with the exception of the Zaporozhian Cossacks, who were Cossacks, not as presently described, “Ukrainian Cossacks”, LOL.)
The concept of a “Ukrainian language” and the associated identity was constructed in areas under Austrian rule (parts of Galicia and Volhynia), with Austrian support and state financing, immediately after the local iteration of the 1848 revolutions, as a way to quell pro-Russian irredentism among landowners and the Russian Orthodox church in the region. From here on, the Galician literary dialect was also set as the “one and only” Ukrainian language, similar to how the dialect of Florence became “standard Italian.”
Due to Russia’s backwardness, the Russian Empire was unable to standardize its linguistic landscape in the same manner as the Germans and French had largely done by prior to World War 1, or World War 2 at the latest. That process requires compulsory schooling and mass literacy, which Russia did not have until Soviet days. Hence, by the time of the Russian Revolution, the Galician Ukrainist movement had been able to gain some marginal but elite following throughout all territories that spoke Ukrainian dialects rather than “Great Russian.”
This was subsequently channeled, with the Russian collapse of 1917-1918, into the formation of the Ukrainian breakaway state. After this was put down by the Bolsheviks (first and foremost, Ukrainian urban Bolsheviks from Kharkov and what’s today called Donetsk), it again came to life under German rule with the Galician-based Banderist movement.
Most Ukrainians did not vote for independence from the USSR in 1991, but the republic was abandoned by Yeltsin, and thus, had independence thrust upon it. There was a general lack of enthusiasm for the state, a lack of understanding as to its purpose, especially as by this time, almost all Ukrainian citizens spoke Russian as their language of work, at least, and among well over half of the population, of the home as well. In short, there was a near-total ideological vacuum.
The only people who had an ideology… were, well, guess who.
Today, excepting the far northwest, with its dominant Greek Catholic church, the Ukraine is still so similar to Russia (culturally there is ZERO difference)…..
…..that the ONLY way any Ukrainian leadership can aim to make its state distinct, to justify its own rule, is to invent a completely fictitious, phony history of some coherent, historical “Ukraine” that never existed (their school history textbooks are a RIOT)…..
…..and to adopt a “supremacist”, Russian-exclusionist approach and ideology. Like, “We’re not Russian goddamn it, we were never Russian, we will cut the Russian out of us, perhaps slowly, perhaps quickly if we can, but we’ll get rid of it, because the Ukraine isn’t big enough for minorities or two nationalities, so, someone needs to get steamrolled.”
In short, fascism.
The Ukrainian state (under German protection) of 1918, and then again with the Banderist movement (again under German protection, or benign neglect at least) during WW2 and then in exile… were explicitly fascistic. The former, even before the term existed.
I wrote last summer or so, that any independent Ukrainian entity will ALWAYS arrive at fascism as its governing ideology. It just took much longer this time (since 1991), in part because of the dominance of Russian cultural and professional media (and the difficulty in re-Ukrainizing in the absence of a sufficient written base and professional need) and the enormous cross-border family bonds left over from Soviet days.
But, it happened.
Obviously, Uncle Sam has taken advantage of this to establish his 51st state on the territory of the former Ukrainian Soviet Socialist Republic.
Obviously, the majority of Ukrainian officials, educators, etc., are just there to get paid. Like people everywhere, they go along and are not driving the ideology.
Thanks for the history lesson. I’m reading The Gulag now (Solzynitzen), and find I have huge gaps in understanding this region’s history and Euro relations.
These replies are out of order, but another tenet I see running through the Gulag volume 3 is the Ukrainians desire to separate themselves from the Russians in prison, not cooperating in the primarily Russian schemes to become free while imprisoned. I’ve interpreted that as Ukrainian desiring independence from them. But you’re saying Russia spun them off in 1991. This history is rich.
I recently watched a film on Prime set during the Stalin era, “a Man called Dan.” The film had two themes: The US press, particularly the NYTIMES not reporting the rising Nazism in Europe, and the starvation of the Ukraine by Stalin. It centered around the reporter who courageously released the story, and whose life quickly ended. Great movie, but left me with the question of what impact this mass murder had on the Russo-Ukrainian political relationship today.
I’m still not seeing a Capitalist Russia unless it was during the reign of Catherine the Great. There is reference to the Tsarist period which it seems was overthrown in 1918.
A suggestion for a guest -- somebody who is objective about hydroxychloroquine and ivermectin (both calming immune system overreaction). There was a well-known rabbi/physician who saved lives and lungs of his patients by early use of HCQ who recommended it to Trump and was crucified for it.
PS: What does hydroxychloroquine do to your body?
Hydroxychloroquine is a disease-modifying anti-rheumatic drug (DMARD). It works by calming your immune system. This helps reduce swelling (inflammation) in people with autoimmune conditions, where your immune system attacks your own body.
After econometric leader WeFA Group was taken out by Primark - late 80's early 90's - our Canadian macro economic director wound up with one of the WEF agencies. Any idea how many others joined WEF to "spin their models" ?
The stock and bond markets fell together in 2008-9. I will never forget that, and continue in my retirement to learn about money and currency collapses.
STOP - DO NOT INVEST IN SUBSTACK'S BROKEN MODEL!!!
Seriously if they are begging for money and VC bailed it means its a broken model. Think about it, how many regular people are paying per writer $5 to $10 per month? Not enough apparently and the next thing they will introduce is advertising which is 1million times worse. This monetization model is for elites, elite writers and elite readers who can afford to pay to "benefit" from their writing. Its not Twitter but its just as elitist as Twitter and will devolve into the same mess and control mechanism.
Go check out web3. Go check out crypto. Go check out the MVP of my solo hobbiest project "dplatform.me" The next platforms will be web3, crypto, micro-transactions, and governed by decentralized autonomous organizations (DAOs) or no one
yep, no time to panic.
i would add to that american airlines staff comment, i wish trump had listened to you more ...
Thank you. You are a warrior.
Thank you! I am an ex-banker, who left the business world to raise my kids and I did all of the "right" things for many years to ensure that my husband and I would have a comfortable retirement. We were never wealthy but we were careful with our money and set everything up to be able to stay in our home, travel a little, give to our favorite charities, and help our kids get established.
But now, as you say, our "balanced" portfolio is tanking and our expenses are rising by double digits! So much for a "comfortable" retirement!
I know you are not a financial advisor but I am curious as to your thoughts from an economic standpoint. If stocks are crashing because of Biden's policies, and bonds are tanking, and cash accounts can't keep pace with inflation, then WHAT are we "little people" supposed to do?
I retired. Now I need a job to pay for it.
Thanks. I need all the help I can get. At 73 I’m wondering how to just hang in there without losing so much to never recover.
Thanks -- and here is different but important -- about our new 51-st state:
Jacob Dreizin – March 16 -- https://thedreizinreport.com/2023/03/15/silicon-valley-bank-and-donetsk/
As for the Nazism, they can’t avoid it. A Short History of Ukraine State
The Ukraine is a historically new construction. Until the late 19th century, the Ukraine was merely a region, and 100% of its inhabitants, the Ukrainians, or Rusyns (Ruthenians) as they were called in areas under Austria at that time, considered that their language, or whatever regional dialect they spoke, was Russian (“Russka mova”), and they had zero political awareness or identity separate from Russia (with the exception of the Zaporozhian Cossacks, who were Cossacks, not as presently described, “Ukrainian Cossacks”, LOL.)
The concept of a “Ukrainian language” and the associated identity was constructed in areas under Austrian rule (parts of Galicia and Volhynia), with Austrian support and state financing, immediately after the local iteration of the 1848 revolutions, as a way to quell pro-Russian irredentism among landowners and the Russian Orthodox church in the region. From here on, the Galician literary dialect was also set as the “one and only” Ukrainian language, similar to how the dialect of Florence became “standard Italian.”
Due to Russia’s backwardness, the Russian Empire was unable to standardize its linguistic landscape in the same manner as the Germans and French had largely done by prior to World War 1, or World War 2 at the latest. That process requires compulsory schooling and mass literacy, which Russia did not have until Soviet days. Hence, by the time of the Russian Revolution, the Galician Ukrainist movement had been able to gain some marginal but elite following throughout all territories that spoke Ukrainian dialects rather than “Great Russian.”
This was subsequently channeled, with the Russian collapse of 1917-1918, into the formation of the Ukrainian breakaway state. After this was put down by the Bolsheviks (first and foremost, Ukrainian urban Bolsheviks from Kharkov and what’s today called Donetsk), it again came to life under German rule with the Galician-based Banderist movement.
Most Ukrainians did not vote for independence from the USSR in 1991, but the republic was abandoned by Yeltsin, and thus, had independence thrust upon it. There was a general lack of enthusiasm for the state, a lack of understanding as to its purpose, especially as by this time, almost all Ukrainian citizens spoke Russian as their language of work, at least, and among well over half of the population, of the home as well. In short, there was a near-total ideological vacuum.
The only people who had an ideology… were, well, guess who.
Today, excepting the far northwest, with its dominant Greek Catholic church, the Ukraine is still so similar to Russia (culturally there is ZERO difference)…..
…..that the ONLY way any Ukrainian leadership can aim to make its state distinct, to justify its own rule, is to invent a completely fictitious, phony history of some coherent, historical “Ukraine” that never existed (their school history textbooks are a RIOT)…..
…..and to adopt a “supremacist”, Russian-exclusionist approach and ideology. Like, “We’re not Russian goddamn it, we were never Russian, we will cut the Russian out of us, perhaps slowly, perhaps quickly if we can, but we’ll get rid of it, because the Ukraine isn’t big enough for minorities or two nationalities, so, someone needs to get steamrolled.”
In short, fascism.
The Ukrainian state (under German protection) of 1918, and then again with the Banderist movement (again under German protection, or benign neglect at least) during WW2 and then in exile… were explicitly fascistic. The former, even before the term existed.
I wrote last summer or so, that any independent Ukrainian entity will ALWAYS arrive at fascism as its governing ideology. It just took much longer this time (since 1991), in part because of the dominance of Russian cultural and professional media (and the difficulty in re-Ukrainizing in the absence of a sufficient written base and professional need) and the enormous cross-border family bonds left over from Soviet days.
But, it happened.
Obviously, Uncle Sam has taken advantage of this to establish his 51st state on the territory of the former Ukrainian Soviet Socialist Republic.
Obviously, the majority of Ukrainian officials, educators, etc., are just there to get paid. Like people everywhere, they go along and are not driving the ideology.
Thanks for the history lesson. I’m reading The Gulag now (Solzynitzen), and find I have huge gaps in understanding this region’s history and Euro relations.
Thank you -- please remember there is a profound difference between Soviet Union and capitalist Russia.
These replies are out of order, but another tenet I see running through the Gulag volume 3 is the Ukrainians desire to separate themselves from the Russians in prison, not cooperating in the primarily Russian schemes to become free while imprisoned. I’ve interpreted that as Ukrainian desiring independence from them. But you’re saying Russia spun them off in 1991. This history is rich.
I recently watched a film on Prime set during the Stalin era, “a Man called Dan.” The film had two themes: The US press, particularly the NYTIMES not reporting the rising Nazism in Europe, and the starvation of the Ukraine by Stalin. It centered around the reporter who courageously released the story, and whose life quickly ended. Great movie, but left me with the question of what impact this mass murder had on the Russo-Ukrainian political relationship today.
PS: Stalin was a Georgian ;-))
I’m still not seeing a Capitalist Russia unless it was during the reign of Catherine the Great. There is reference to the Tsarist period which it seems was overthrown in 1918.
Maybe you should see an eye doctor
Okay I won’t expend my energy asking you for any clarity.
What is real?
https://thinkcivics.com/us-special-operations-to-use-deepfakes-for-propaganda-psyops/
A suggestion for a guest -- somebody who is objective about hydroxychloroquine and ivermectin (both calming immune system overreaction). There was a well-known rabbi/physician who saved lives and lungs of his patients by early use of HCQ who recommended it to Trump and was crucified for it.
PS: What does hydroxychloroquine do to your body?
Hydroxychloroquine is a disease-modifying anti-rheumatic drug (DMARD). It works by calming your immune system. This helps reduce swelling (inflammation) in people with autoimmune conditions, where your immune system attacks your own body.
Thank you Peter!
You and President Trump have my FULL support.
I loved Peter Navarro interviews on the white house lawn or where ever. It was his wicked humor that kept me glued.
After econometric leader WeFA Group was taken out by Primark - late 80's early 90's - our Canadian macro economic director wound up with one of the WEF agencies. Any idea how many others joined WEF to "spin their models" ?
I echo that AA rep’s comment: we love you Dr Navarro. Keep up the hard but necessary work.
Bought an ounce of gold today to add to my hedge. Even as cash continues to lose value every year, I figure gold can add some stability.
The stock and bond markets fell together in 2008-9. I will never forget that, and continue in my retirement to learn about money and currency collapses.
Don’t worry. It’ll all be over soon. 2023: Year One if the Nu Whirled Ardor: https://patrickwood.substack.com/p/breaking-trilateral-commission-calls?utm_source=post-email-title&publication_id=721283&post_id=108847611&isFreemail=true&utm_medium=email
STOP - DO NOT INVEST IN SUBSTACK'S BROKEN MODEL!!!
Seriously if they are begging for money and VC bailed it means its a broken model. Think about it, how many regular people are paying per writer $5 to $10 per month? Not enough apparently and the next thing they will introduce is advertising which is 1million times worse. This monetization model is for elites, elite writers and elite readers who can afford to pay to "benefit" from their writing. Its not Twitter but its just as elitist as Twitter and will devolve into the same mess and control mechanism.
Go check out web3. Go check out crypto. Go check out the MVP of my solo hobbiest project "dplatform.me" The next platforms will be web3, crypto, micro-transactions, and governed by decentralized autonomous organizations (DAOs) or no one
The future is decentralized!
The Last Child of My Lai -- JEFFREY ST. CLAIR – Mar. 19, 2023
https://www.counterpunch.org/2023/03/19/the-last-child-of-my-lai/
The My Lai Massacre, where American GIs murdered 502 unarmed Vietnamese civilians, occurred 55 years ago this week.