The West's Cultural Revolution #41
The West may face a Cultural Revolution (CR)within their societies. In this podcast, I discuss the symptoms and background of the West's CR and lay out what I perceive to be the things to come.
I first point out that CR is used in a power struggle, with the pretense of foreign infiltration.
I point to TDS, Russia & China, and Wokeism as early precursors that set the condition for a CR.
The background is a heavily-indebted, over-stretched incumbent power struggling to remain the dominant power. In this process, it exacerbates internal fissures in its society.
I describe how I think a CR would take place.
Finally, I give recommendations on how to avert it.
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The West's Cultural Revolution #41
The West may face a Cultural Revolution (CR)within their societies. In this podcast, I discuss the symptoms and background of the West's CR and lay out what I perceive to be the things to come.
I first point out that CR is used in a power struggle, with the pretense of foreign infiltration.
I point to TDS, Russia & China, and Wokeism as early precursors that set the condition for a CR.
The background is a heavily-indebted, over-stretched incumbent power struggling to remain the dominant power. In this process, it exacerbates internal fissures in its society.
I describe how I think a CR would take place.
Finally, I give recommendations on how to avert it.
The Not-So-Great Decoupling & Its Aftermaths #40
We're witnessing the "Great" Decoupling taking place right in front of our eyes. In many ways, it is a "Reset" with profound consequences.
In this podcast, I discuss in detail the four areas of decoupling that I see:
a. Payment systems & USD
b. Economics & trade
c. Cultural, social, & travel
d. Information & communication
I highlight that while (a) was in the cards and (b) was rather likely, it was not necessary for (c) and (d) to have taken place. It was also completely irrational for those who benefit the most from all the above to have initiated the decoupling in each of them.
I also answer the questions:
1. Can some of this be unwound?
2. What will a divided world lead to?
Finally, I discuss who the winners and losers are.
10
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Risk of a Destabilized Central & Eastern Europe #39
Central and Eastern Europe (CEE) is exposed to two destabilizing factors that could lead it down a path of instability: a. EU leaders recklessly send weapons, mercenaries, and "volunteers" to the region to engage in armed conflict. b. Huge influx of refugees put burden on the social and economic systems.
In this podcast, I lay out two scenarios of the current conflict and discuss how either would mean for the stability of CEE. In short, they involve either proxy war or insurgency war.
I also discuss how the path to destabilization could be for CEE.
Lastly, I discuss who the winners and losers may be if this happens.
14
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The Not-So-Great Decoupling & Its Aftermaths #40
We're witnessing the "Great" Decoupling taking place right in front of our eyes. In many ways, it is a "Reset" with profound consequences.
In this podcast, I discuss in detail the four areas of decoupling that I see:
a. Payment systems & USD
b. Economics & trade
c. Cultural, social, & travel
d. Information & communication
I highlight that while (a) was in the cards and (b) was rather likely, it was not necessary for (c) and (d) to have taken place. It was also completely irrational for those who benefit the most from all the above to have initiated the decoupling in each of them.
I also answer the questions:
1. Can some of this be unwound?
2. What will a divided world lead to?
Finally, I discuss who the winners and losers are.
Risk of a Destabilized Central & Eastern Europe #39
Central and Eastern Europe (CEE) is exposed to two destabilizing factors that could lead it down a path of instability: a. EU leaders recklessly send weapons, mercenaries, and "volunteers" to the region to engage in armed conflict. b. Huge influx of refugees put burden on the social and economic systems.
In this podcast, I lay out two scenarios of the current conflict and discuss how either would mean for the stability of CEE. In short, they involve either proxy war or insurgency war.
I also discuss how the path to destabilization could be for CEE.
Lastly, I discuss who the winners and losers may be if this happens.
You can also find me on Rumble: https://rumble.com/user/realdrjlt
Potential Rapprochement Between China and India (after US Threatens Sanctions) #38
In this podcast, I discuss the potent rapprochement between China and India. This is in the context of a. the central bank of a sovereign nation and major economic power was sanctioned and its assets seized, b. the US threat to sanction India.
First, I discussed the benefits that a rapprochement would bring not only to China and India but also to the world in building a balanced system that allows all to develop their countries and to improve the standards of living of their own people.
Then, I pointed out three main challenges.
Lastly, I predicted the likelihood of this happening contingent on future events.
An earlier podcast that I mentioned is here: https://www.youtube.com/watch?v=Q-cs-BMwdT0
I apologize for not being very clear / mumbling in this podcast.
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Potential Rapprochement Between China and India (after US Threatens Sanctions) #38
In this podcast, I discuss the potent rapprochement between China and India. This is in the context of a. the central bank of a sovereign nation and major economic power was sanctioned and its assets seized, b. the US threat to sanction India.
First, I discussed the benefits that a rapprochement would bring not only to China and India but also to the world in building a balanced system that allows all to develop their countries and to improve the standards of living of their own people.
Then, I pointed out three main challenges.
Lastly, I predicted the likelihood of this happening contingent on future events.
An earlier podcast that I mentioned is here: https://www.youtube.com/watch?v=Q-cs-BMwdT0
or on Rumble:
https://rumble.com/vw3plk-e36-usds-nuclear-option-activated-lessons-to-sovereign-nations.html
I apologize for not being very clear / mumbling in this podcast.
Europe Led by Emotion, Not Reason #37
Recent European escalations w.r.t. the conflict in Eastern Europe echoes a long line of irrational energy, economic, and foreign policies in Europe led by emotions. In this podcast, I discuss how and why this has come about.
In short, I think PR is a major link in the mechanism:
Traditionally, politicians stoke up emotions to win support for their policies.
Today, with the amplifications of social media, politicians easily lose control of the emotions that they stoke up. They have to follow the heightened emotions and resort to irrational policies.
I also provide a possible solution to this, but I acknowledge that it will never be adopted.
With a weak leadership, I can see the Euro and the EU fall apart in the coming years. This is not because Europe cannot be saved; rather, it is because the system resists any attempts to save it.
I apologize for not covering relations in Asia as promised. It'll most likely be the next podcast. I also apologize for some incomplete points in this podcast: as usual, I don't have a list of bullet points, and sometimes I forget to touch on important ones.
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Europe Led by Emotion, Not Reason #37
Recent European escalations w.r.t. the conflict in Eastern Europe echoes a long line of irrational energy, economic, and foreign policies in Europe led by emotions. In this podcast, I discuss how and why this has come about.
In short, I think PR is a major link in the mechanism:
Traditionally, politicians stoke up emotions to win support for their policies.
Today, with the amplifications of social media, politicians easily lose control of the emotions that they stoke up. They have to follow the heightened emotions and resort to irrational policies.
I also provide a possible solution to this, but I acknowledge that it will never be adopted.
With a weak leadership, I can see the Euro and the EU fall apart in the coming years. This is not because Europe cannot be saved; rather, it is because the system resists any attempts to save it.
I apologize for not covering relations in Asia as promised. It'll most likely be the next podcast. I also apologize for some incomplete points in this podcast: as usual, I don't have a list of bullet points, and sometimes I forget to touch on important ones.
E36 USD's Nuclear Option Activated: Lessons to Sovereign Nations
The US just sanctioned the Russian Central Bank. This ought to be a chilling lesson to leaders of sovereign nations who aren't US client states.
Lessons:
1. Any asset that is not under your direct control and/or you cannot defend can be seized
2. Funding the US is feeding a temperamental beast
3. Nobody competes with the US in hybrid warfare
Resolution:
Brazil, China, India, Iran, Russia, SA, UAE, etc. should set their mutual differences aside and build:
a. A global settlement system not controlled by any single country but by a council just like the UN Security Council.
b. A new Internet not controlled by any single country but by a council just like the UN Security Council.
The goal is to prevent any single country or group of countries to dictate to the world.
7
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E36 USD's Nuclear Option Activated: Lessons to Sovereign Nations wrt Hybrid Warfare
The US just sanctioned the Russian Central Bank. This ought to be a chilling lesson to leaders of sovereign nations who aren't US client states.
Lessons:
1. Any asset that is not under your direct control and/or you cannot defend can be seized
2. Funding the US is feeding a temperamental beast
3. Nobody competes with the US in hybrid warfare
Resolution:
Brazil, China, India, Iran, Russia, SA, UAE, etc. should set their mutual differences aside and build:
a. A global settlement system not controlled by any single country but by a council just like the UN Security Council.
b. A new Internet not controlled by any single country but by a council just like the UN Security Council.
The goal is to prevent any single country or group of countries to dictate to the world.
2
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Europe's Worsening Energy Crisis: Cause, Status, and Resolution #35
In this podcast, I discuss Europe's worsening energy crisis in three subsections: cause, status, and resolution.
Cause:
- The fundamental cause is an energy mix driven by unrealistic ideology that emphasizes CO2 but overlooks redundancy, sustainability, and even feasibility. This has led to over-reliance on natural gas, which it doesn't have, and demonization of nuclear power.
- The external cause is conflict between Europe's natural gas supplier, Russia, and its patron, US.
Status:
Rising energy cost, depleting energy reserves, heightened energy insecurity with potential for social and political instability if electricity and heating cannot be guaranteed.
Resolution:
- The long-term solution is to be realistic. Realize that some ideologies do not reflect reality. Invest heavily on nuclear power and hydrogen technology.
- In the short term, the best case is if the military conflict ends quickly. The worst is if the conflict spreads, which would have devastating results.
3
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Europe's Worsening Energy Crisis: Cause, Status, and Resolution #35
In this podcast, I discuss Europe's worsening energy crisis in three subsections: cause, status, and resolution.
Cause:
- The fundamental cause is an energy mix driven by unrealistic ideology that emphasizes CO2 but overlooks redundancy, sustainability, and even feasibility. This has led to over-reliance on natural gas, which it doesn't have, and demonization of nuclear power.
- The external cause is conflict between Europe's natural gas supplier, Russia, and its patron, US.
Status:
Rising energy cost, depleting energy reserves, heightened energy insecurity with potential for social and political instability if electricity and heating cannot be guaranteed.
Resolution:
- The long-term solution is to be realistic. Realize that some ideologies do not reflect reality. Invest heavily on nuclear power and hydrogen technology.
- In the short term, the best case is if the military conflict ends quickly. The worst is if the conflict spreads, which would have devastating results.
The End of USD-Led Global Economic System in the 2020s #34
With recent events, I want to discuss the circumstances, conditions, and aftermaths of the end of the current global economic system led by USD.
Circumstances:
Internal 1: Continued cut in interest rates and increase in money issuance in the last 3 decades have led to 0 interest rates and reckless levels of money printing.
Internal 2: Real estate prices have ballooned in the same time, and non-income-generating assets have be favored over income-generating assets.
Internal 3: The real economy continued to decline over the decades, while the virtual economy reach insane "valuations".
Conditions:
Trigger 1: If Russia cuts itself off the SWIFT system
Trigger 2: If Saudi Arabia / OPEC starts accepting other currencies
Gradual: Even without either trigger, the worsening condition will lead to continued decline in the viability of the USD
Aftermaths:
Financial markets: Real assets, income-generating assets up; hyped-up ARKK-type down. Gold up; sh!tco!n down; NFT disappear
Living standards: Dramatic fall in living standards in the US. Worse hit is the EU.
In the next podcast, I'll discuss Europe's worsening energy crisis, which is why I think the fall in living standards may be worse for Europe than it is for the US, even though it is the USD that'd be losing its reserve status.
This will take place within the decade.
3
views
The End of USD-Led Global Economic System in the 2020s #34
With recent events, I want to discuss the circumstances, conditions, and aftermaths of the end of the current global economic system led by USD.
Circumstances:
Internal 1: Continued cut in interest rates and increase in money issuance in the last 3 decades have led to 0 interest rates and reckless levels of money printing.
Internal 2: Real estate prices have ballooned in the same time, and non-income-generating assets have be favored over income-generating assets.
Internal 3: The real economy continued to decline over the decades, while the virtual economy reach insane "valuations".
Conditions:
Trigger 1: If Russia cuts itself off the SWIFT system
Trigger 2: If Saudi Arabia / OPEC starts accepting other currencies
Gradual: Even without either trigger, the worsening condition will lead to continued decline in the viability of the USD
Aftermaths:
Financial markets: Real assets, income-generating assets up; hyped-up ARKK-type down. Gold up; sh!tco!n down; NFT disappear
Living standards: Dramatic fall in living standards in the US. Worse hit is the EU.
In the next podcast, I'll discuss Europe's worsening energy crisis, which is why I think the fall in living standards may be worse for Europe than it is for the US, even though it is the USD that'd be losing its reserve status.
This will take place within the decade.
Anglo-Americans Aim to Keep Europe Down with Ukraine Drama #33
Neither Russia nor Ukraine is the main reason that the US/UK establishment cannot stop promoting the "invasion" drama. In this podcast, I make three main points:
1. Nobody gains from a military conflict, not Russians, Ukrainians, or Europeans; neither Brits or Americans.
2. The main goal is to prevent the Europeans, chiefly the Germans from independent policy-making. By having the Europeans depend on the US for military protection and energy (besides the US financial system), the main reason for this drama is to keep the Europeans down.
3. There are three possible outcomes:
--a. Russia voluntarily cuts Nordstream2, granting the US establishment their wish of European dependence
--b. Rising energy cost and inflation exacerbated by this "Ukraine drama" causes the US economy to falter. The admin, in order to salvage their upcoming election, retreats
--c. A military conflict
The long-term implication of these outcomes may be profound. With the exception of 3.b., Europe will continue to be under the full control of the empire, until its own economic situation worsens to such an extent that the superstructure collapses.
19
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Anglo-Americans Aim to Keep Europe Down with Ukraine Drama #33
Neither Russia nor Ukraine is the main reason that the US/UK establishment cannot stop promoting the "invasion" drama. In this podcast, I make three main points:
1. Nobody gains from a military conflict, not Russians, Ukrainians, or Europeans; neither Brits or Americans.
2. The main goal is to prevent the Europeans, chiefly the Germans from independent policy-making. By having the Europeans depend on the US for military protection and energy (besides the US financial system), the main reason for this drama is to keep the Europeans down.
3. There are three possible outcomes:
--a. Russia voluntarily cuts Nordstream2, granting the US establishment their wish of European dependence
--b. Rising energy cost and inflation exacerbated by this "Ukraine drama" causes the US economy to falter. The admin, in order to salvage their upcoming election, retreats
--c. A military conflict
The long-term implication of these outcomes may be profound. With the exception of 3.b., Europe will continue to be under the full control of the empire, until its own economic situation worsens to such an extent that the superstructure collapses.
Trudeau Brings Authoritarianism to Canada #32
Trudeau's recent actions against peaceful protestors who only disagreed with him on an issue involving personal freedom is extremely troubling. By unlawfully freezing the accounts of protestors, what he undermines are Canada's: 1. Protection of private property, 2. Personal freedom, and 3. Rule of law.
If this is to go ahead, he will have learnt that he has unlimited power, and anyone who disagrees with him can disappear a la classic dictators. Worse, he completely took away all the credibility of Canada's financial system: Canadian's don't own anything; what they think they own are theirs to keep only if the dictator allows them.
To think the this guy and his deputy often criticized developing countries by posing as a country of "freedom, democracy, and rule of law" is not only farcical but also maddening.
12
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Trudeau Brings Authoritarianism to Canada #32
Trudeau's recent actions against peaceful protestors who only disagreed with him on an issue involving personal freedom is extremely troubling. By unlawfully freezing the accounts of protestors, what he undermines are Canada's: 1. Protection of private property, 2. Personal freedom, and 3. Rule of law.
If this is to go ahead, he will have learnt that he has unlimited power, and anyone who disagrees with him can disappear a la classic dictators. Worse, he completely took away all the credibility of Canada's financial system: Canadian's don't own anything; what they think they own are theirs to keep only if the dictator allows them.
To think the this guy and his deputy often criticized developing countries by posing as a country of "freedom, democracy, and rule of law" is not only farcical but also maddening.
E31 German Car Industry Commits Suicide by Electrification
The German automotive industry faced off challenges from Asian competitors by a combination of cost-cutting and intense marketing. It just so happens that they are good at both, with marketing being a strength of the Germans before the unification of Germany (NOT re-unification, which happened much later).
However, with today's push for BEVs, the Germans are heavily betting on a technology where they lack the competitive advantage. Wiser would be to find environmentally-friendly (carbon-neutral) alternatives to leverage their industrial advantage.
In this podcast, I discuss all this and more (especially the special interests behind the boom of TSLA).
Please note that all my discussions are my personal opinions only. Nothing is scripted.
38
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E31 German Car Industry Commits Suicide by Electrification [DrJLT Economics]
The German automotive industry faced off challenges from Asian competitors by a combination of cost-cutting and intense marketing. It just so happens that they are good at both, with marketing being a strength of the Germans before the unification of Germany (NOT re-unification, which happened much later).
However, with today's push for BEVs, the Germans are heavily betting on a technology where they lack the competitive advantage. Wiser would be to find environmentally-friendly (carbon-neutral) alternatives to leverage their industrial advantage.
In this podcast, I discuss all this and more (especially the special interests behind the boom of TSLA).
Please note that all my discussions are my personal opinions only. Nothing is scripted.
Jerome Powell's Dilemma: Inflation, Debt, Bubble, & Reserve Status of the USD #29
The USD-led global financial system faces 4 major challenges in 2022:
1. High and growing #inflation, the result of decade+ #QE
2. High levels of #debt, both governmental and private, the result of decade+ recklessly loose #monetarypolicy
3. Giant #everythingBubble, best represented by #NFT, #crypto, and "hi-tech" "growth" stocks with 1000+ PE
4. USD reserve status exposes a potential for "reverse flow" of exported inflation.
I observe that the #FederalReserve could:
a. Increase interest rates to untenable levels to control inflation, thereby protecting USD's reserve status but causing severe #deflation in the speculative markets.
b. Increase interest rates moderately in an attempt to keep things going "forever", risking USD's reserve status.
I present arguments that besides the aforementioned assets, housing will crash in the coming years. Energy and precious metals may be the good sectors to look for safety. No specific investment advice is given or intended.
158
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Personal Freedom vs Corporate Freedom #E30
Personal freedom and corporate freedom are frequently obfuscated by the right and the left. In this podcast, I delineate what constitutes personal freedom and corporate freedom.
I assert that some form of personal freedom, especially the freedom of thought, is inalienable to the individual. Other forms of personal freedoms may be controlled, but rarely to good ends.
I also observe that corporate freedom has run wild in the last 3-4 decades. Ironically, it has led to the dissipation of corporate freedom for SMEs, with all the rights and benefits sucked up by the large corporations who control the social-political system, essentially forming an oligopoly.
Normatively, I suggest that personal freedom should be above corporate freedom, but that the latter is also valuable.
A conclusion is that unrestrained capitalism is inconducive to lasting freedom to either the individual or SMEs.
1
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Personal Freedom vs Corporate Freedom #E30
Personal freedom and corporate freedom are frequently obfuscated by the right and the left. In this podcast, I delineate what constitutes personal freedom and corporate freedom.
I assert that some form of personal freedom, especially the freedom of thought, is inalienable to the individual. Other forms of personal freedoms may be controlled, but rarely to good ends.
I also observe that corporate freedom has run wild in the last 3-4 decades. Ironically, it has led to the dissipation of corporate freedom for SMEs, with all the rights and benefits sucked up by the large corporations who control the social-political system, essentially forming an oligopoly.
Normatively, I suggest that personal freedom should be above corporate freedom, but that the latter is also valuable.
A conclusion is that unrestrained capitalism is inconducive to lasting freedom to either the individual or SMEs.