Tuesday, January 16, 2018

It's Time to Drop the Jew Taboo

It's Time to Drop the Jew Taboo

It's making serious discussion of Russian geopolitics and history next to impossible
The paintings used as illustrations in this article are taken from the website of Ilya Glazunov and can be seen full-size in HD here and hereRussia Insider published a long profile of him and his work in 2016. Much of his work, both paintings and books, dealt extensively with the Jewish role in Russian history.

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A Jewish bolshevik disrupting an Easter midnight service. Detail from a larger monumental painting by Ilya Glazunov.
  1. Introduction
  2. The euphemisms
  3. Hostility to Putin's Russia is largely a Jewish phenomenon
  4. The media
  5. A de facto violation of free speech
  6. Shutting down an honest examination of Russian history
  7. The best alt-media journalists are neutered
  8. Much of what is written about Russian relations and history becomes meaningless and deceptive
  9. A lesson in relevance from the Alt-Right
  10. Malice towards none
  11. The problem extends to all areas of public life
  12. We need serious scholarship and analysis
  13. Low expectations from the existing alt-media
  14. A call for articles and support

Most people know about, but few are willing to condemn, the strict taboo in the media, of criticizing Jews as a group, using that term. One cannot even criticize a small subsection of Jews, a miniscule percentage of the Jewish population, even when they richly deserve it.
Obviously, this is a ridiculous way to run a publication whose object is to get to the truth, so I am writing this to explain why, from now on, the pages of Russia Insider will be open to articles which fairly and honestly address the influence of Jewish elites, including pointing out when it is malevolent, which it often is, and try to understand it and explain it, with malice towards none.
I have become convinced that unless we break this taboo, nothing will improve in the human catastrophe unfolding in geopolitics. Millions have died over the past 30 years, and if we want it to stop, and to avoid a cataclysm which seems to approach inexorably, we have to have the freedom to criticize those responsible. It is very clear to me, as it is to many others, that much of the guilt for this comes from Jewish pressure groups, particularly in the media.

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A detail from the monumental painting 'The Great Experiment' (1990) which has many references to the Jewish role in the Russian Revolution
I can see as an editor, that much of what is written about geopolitics in the ‘public square’, admirable thought it may be in other respects, makes itself irrelevant by tiptoeing around this crucial issue.
I am a newcomer to the media world, unexpectedly thrust three years ago into the role of owner, publisher and editor of this fairly widely read publication. We get about 10 million visits per month across all of our platforms from a sophisticated audience, and we are widely followed by so- called 'influencers'. We've made a big mark in a short time, and we did it by saying what others were not willing to say. Many subjects which we were the first to speak about on a major platform have now entered the mainstream.
Russia Insider is a grassroots phenomenon, and sometimes resembles a political movement as much as it does a publication. We exist solely because of small donations from readers. We get no funding from major donors, not to mention governments, foundations, or other organized groups. It is all private individuals. Our single largest donation over the past year was $5000, and the median gift is $30. We raised about $80,000 last year. This gives us the freedom to pretty much say what we want, something that can be said of very few publications, even in the alternative media space, most of whom are beholden to large donors.
I see everyday how one can influence the public agenda by addressing or ignoring certain topics. One really can make a difference, and I have tried to have a positive impact, as I understand it. It has been a remarkable education in the power of the media, even of our relatively small Russia Insider.
But this taboo is the great exception. It really is quite extraordinary, to realize that you can publish about just about anything, except that. As I said, just about everyone knows about the taboo, and I did too in my previous career in business, but it is another thing altogether to enforce it, which I felt, until recently, compelled to do, and to have your nose rubbed in it every day when trying to make sense of world events.
Some try to skirt the taboo with euphemisms. A veritable cottage industry has emerged inventing ever new ones, indeed, this is the new trend in the alt-media. We hear a lot about 'Zionists', 'elites', 'global elites', 'globalists', 'neocons', 'liberal interventionists', 'the war party', 'the Israel lobby', 'the deep state', 'bankers', 'new world order' (I never understood what that is actually), 'Bilderbergers' - sounds like a nice man from a central-European fairytale. My friend the Saker goes with 'Anglozionists'.
But none of these terms work, do they? They all obscure the issue, actually enhancing the taboo’s inherent deceit.
Zionists? Really? I've never heard anyone describe themselves this way, or even other people describe them - 'Have you meet Max?, he's an enthusiastic Zionist!' I've never seen it mentioned as an interest in a social media profile (perhaps Facebook should include it as an Emoticon). Maybe Rachel Maddow IS a Zionist, what do I know, although as far as I understand, Zionism was a political movement that lost its urgency once the state of Israel was well on its merry way. Elites? Well, no, I would reckon many Jews are elites, but more Jews are not, and more elites are non- Jews, so no, that doesn't work. Well, you get the idea. These are attempts to slip past the ever-zealous censor, and they serve to maintain the confusion and deception.
No, the only trait that these people have in common, is their Jewish heritage. Some are liberals, some are conservatives. Some are religious, some are not. Some are mixed Jewish heritage, some are not. Some care about Israel, some do not. Some support Israel others criticize her. They are politicians, journalists, academics, comedians, actors, or, businessmen. Some stem from Western Europe, others from Eastern Europe, and others from the Middle East.
Russia Insider's mission is to explain and describe Russia and her role in the world. As soon as you begin to drill into how other nations relate to Russia, and Russian history, it becomes obvious that the unreasonable hostility towards Putin's Russia, particularly coming from the US and the UK, is very much a Jewish phenomenon, and has been for centuries.
And yes, 'Jewish' is the only term that accurately describes it, and not one of the many euphemisms we frequently see used.
The most vitriolic and obsessive Russia-bashing journalists in the media are mostly Jewish. The publications which push these writers most energetically are ALL Jewish-owned, and as a publisher, I know very well, that is where the buck stops.
On the policy side, the neo-conservative movement, Russia's harshest foe, was conceived of, is led by, and consists mostly of, Jews. And their trouble-making extends far beyond Russia - they are responsible for America's disastrous debacle in the Middle East over the last 20 years - where their crimes have been stymied by precisely one country - Russia. The psychotically anti-Russian recent UN ambassadors, Nikki Haley and Samantha Power, were put there by the Israel lobby, and given an independent brief, in other words, they answer not to their presidents, rather to their Jewish sponsors.
In Congress the biggest Russia-Gate tub-thumpers are noticeably Jewish - Schiff, Schumer, Blumenthal, Franken (although not as overwhelmingly as in the media). The Israel lobby routinely enforces legislation hostile to Russia. Bill Browder with his Magnitsky Sanctions - is Jewish.
But let's talk about the media - for this is where the real power lies. All other levers and branches of government pale in comparison when it comes to real political influence.
The two leading newspapers of the land, the New York Times and The Washington Post, both very Jewish in ownership, editors, and staff, have been waging an all-out jihad against Putin's Russia, and are guilty of the most grotesque dishonesty, slander and journalistic malpractice - exhaustively catalogued by one of the most authoritative and admired veteran journalists in America, Robert Parry, winner of the Polk award among other accolades. You can see an archive of his extraordinary work criticizing these two publications, particularly in relation to Russia, here.
PBS, with its lily-white image as purveyor of Masterpiece Theater and other highbrow offerings, is wholly dependent on donations from wealthy Jews. Like some Gentile starlet submitting to Harvey Weinstein, that station has allowed itself to be used, churning out a relentless stream of the most ridiculous anti-Putin propaganda that would be funny if it wasn't so effective among the gray-haired, non-flyover denizens of America, and their deep pocketbooks. CNN, a deeply Jewish company, has been pushing Russiagate like a religion, to the point to where their brand has suffered severe damage.
Rachel Maddow, the nation's most popular and influential liberal political show host is Jewish. She has gone so overboard demonizing Russia and pushing Russiagate that she has become a figure of fun. On the print side, the list is the same - the ones shrieking the loudest are mostly Jews, and disproportionately female - and there is an important lesson there too - Masha Gessen, Anne Applebaum, and Julia loffe, to name a few.
The refrain from the male chorus is no less strident. David Remnick, David Frum, Bill Kristol, Charles Krauthammer. Even comedy news hates Russia - John Oliver, Jon Stewart (previously), Bill Maher, all Jews, go to great efforts to convince Americans that Putin's Russia is, quite literally, - and this term is frequently used - 'Hitlerian.'
Jewish-owned high brow magazines have been leading the charge against Putin - the Newhouse's New Yorker, the NY Review of Books (the management of this venerable magazine is obsessed with the subject). The New RepublicNewsweekThe Atlantic, and the Rothschild-owned Economist pump out story after story full of what can only be called lies, in a massive campaign to demonize Russia and Putin.
Timothy Snyder, the Yale historian, and Michael Weiss, the neocon firebrand whose website, The Interpreter,  is funded by the exiled Jewish oligarch Mikhail Khodorkovsky, are two more prominent figures in this phenomenon.
The Economist deserves special mention with Ed Lucas leading the charge (he is the great nephew of Charles Portal, a Jewish air marshal in Britain who was a relentless proponent of fire-bombing German civilians and is thought to be behind the burning of Dresden). Equally vitriolic are the writings of Ben Judah and his father, Tim.
But to draw attention to all this, or to investigate whether there is something about their Jewishness that makes them so hostile to Russia, is simply, verboten. Inevitably, when I point out this overwhelming ethnic imbalance, people say, well what about the many critics of the hostility to Russia who are Jewish? – the eminently admirable Glenn Greenwald is a prominent example, and there are many others. The answer is, that the exception to a trend doesn’t disprove it, and can often serve to mask it.
The truth is, that in a nation which frantically pats itself on the shoulder for enshrining ‘free speech’ in its national credo, and ceaselessly lectures others on the subject with pompous sanctimony, speech is not de facto free on this crucial and world-threatening subject, a remarkable, and dangerous, state of affairs. I will not be clapped into prison for publishing this article, but the taboo works like a charm to keep the topic out of public discussion. Who needs repressive laws when you can con people into censoring themselves? In Germany, the dominant power in Europe, and in other European countries, I could be locked up for it – another shocking thought, for this son of Germany.
The Jewish dominance of the Russia-bashing phenomenon is far more extensive than I can convey in a couple of short paragraphs, and I urge someone to do this in a more systematic way. I will be happy to publish it.
One of the most spectacular aspects of the taboo is how it whitewashes one of the most extraordinary events in the history of mankind, the Russian revolution.
Many White Russians fleeing the revolution believed that it was mostly a Jewish coup d’etat, financed by wealthy bankers in New York and London who were sworn enemies of Christian Tsarism. Indeed there is strong evidence to suggest that this is true. This view argues that the terror visited on Russia during the civil war and its aftermath, continuing well into the Stalin years, for he could not really control it either, was a Jewish one. Cursory evidence also suggests that this is so, if only because so much of the Bolshevik leadership was Jewish, in particular, Trotsky, but also many other vicious personalities, especially in the secret police which so terrorized the Russian people.
Henry Ford was heavily influenced by this view, which he heard from Russian emigres, augmenting his anti-semitism, and it has been well-documented by liberal mainstream historians that the German National Socialist movement became radically more anti-semitic in reaction to this interpretation, which they adopted, strongly influenced by an influx of White Russians finding refuge in Europe. But one doesn’t hear a whisper about all this in mainstream historical articles, even to debunk it, presumably because someone might have their ‘feelings’ hurt.
This all reverberates to this day. The virulent and entrenched anti-semitism in today’s Ukraine is a direct heir of this White Russian view. This is because the Nazis had long-standing subversive programs implemented by their White Russian allies inside Ukraine and the Baltics, which were heavily German in ethnicity. The famines of the 30s increased the sentiment. When Hitler invaded this work paid off magnificently, and Western Ukraine enthusiastically welcomed him and fought with his armies, as did many in the Baltics. After the war, German intelligence, in return for clemency, traded this network to the CIA, which continued the program to destabilize the USSR, and these programs, representing significant financial and institutional support continued right through the cold war, and into the present day.
What happened in 2014 in the Ukraine had a 100 year provenance, and is inextricably linked to alleged Jewish culpability for the revolution. But for all the gallons of ink spilt about the events of 2014, this crucial background is left laregly undiscussed, even in the alternative media (I of all people, can attest to this).
Such is the reach and devastating effect of this taboo.
The enormity of the omission is mind-boggling. The suffering of the Russian people in the decades after the revolution was extraordinary – and here there is little agreement – modern revisionists insist that the revolution and its aftermath claimed perhaps 2 million victims, others say it reached into the 10s of millions. And it is not just the number of people, but the way it was carried out – families ripped apart, fathers hauled off in the middle of the night, churches blown up, priests tortured and subjected to ritual murder, phony confessions beaten out of innocents, summary executions without trial, an enforced culture of snitching, millions sent to slave labor camps – a nation was held in terror for decades, traumatized to this day. If there is even the slightest suspicion that this was in essence, a Jewish pogrom against ethnic Russians, surely it deserves some public examination.
But no, it seems people think observing the taboo is more important.
We try on Russia Insider to give exposure to this view of events, which I believe deserves a hearing – I am not enough of an expert to say whether it is correct - but so effective is the taboo, that there is little of quality available. There is a very substantial body of work available about this in Russian, most of it written since the fall of Communism, - in contrast to the West, this is a widely discussed view inside Russia – so the heavy lifting has been done – it just needs to be rendered into English.
One of the things we do at RI is to scan the alternative media for what we think are the best articles about Russia, and republish them with a link to the original. We also keep an eye on what we think are the most dishonest articles - and critique them, and it is this comprehensive surveying of the writers and the publications that gives me such a strong understanding of the Jewishness of the hostility. The casual reader’s awareness of it may be anecdotal – I can assure you, it is more pronounced than people realize. When you read, catalog, analyze, track, and critique this river of thought 8 hours a day it becomes starkly obvious.
I am routinely and happily amazed by the fantastic writing about Russia, left, right, and center, in the alternative media, which comes from a most impressive cast of characters, the bulk of it about geopolitics. The intellectual heft and scholarship is extraordinary. Borrowing from this brilliance, we put out a deeper and more thorough analysis of things Russia-related than news organizations with 20 times our budget.
Some of these men are true heroes, speaking truth to power, fighting back against a system gone horribly wrong, brave, selfless, often sacrificing career and financial well-being - but there is one line they won't cross.
Sadly, a lot of what they write, is, meaningless, and almost amounts to professional malpractice, because the Jewish push for confrontation with Russia is, by far, the most significant factor. Excluding it from a discussion of geopolitics is ignoring the elephant, not in the corner, rather the one dancing a Mazurka in the middle of the room. We should not forget that willful omission is a species of lying, and is recognized as such in a court of law, and this case is no different.
The omission is misleading, and sows endless confusion, for it compels writers to place blame where it does not really belong - the list of culprits is endless: 'Democrats', Liberals', sometimes it is 'America did this', or 'Americans did that', or it is Trump, or Obama, or Hillary, or Rex Tillerson, or John McCain, or 'the Military Industrial Complex, the Deep State, the Intelligence Community, and on and on. Yes, these individuals are complicit, (except ‘America’, it is a ridiculous notion that we 350 million souls collectively agree on anything) but it is not their spineless treachery that is of prime importance, rather the powerful Jews in American politics and media who so easily compel them to dance to their tune.
The Alt-Right is helpful in understanding Russia, because it has intellectual heft, and produces a lot of good writing about Russia and Russian relations, much of which is spot-on. We follow the Alt-Right media and republish the occasional article, and they are invariably very popular on Russia Insider – largely, I think, because they are offering a fresh point of view, and talking about vitally important issues others refuse to address.
The Alt-Right is a youth movement. Its leaders are mostly in their 30s, and the rank and file, which is large indeed, running, by some estimates, into the 10s of millions globally, seems to mostly range from mid- teens to mid 20s. Much of the Alt-Right has completely discarded this taboo and revels in flouting it, indeed, trampling on it, as is the wont of young people regarding the more tedious and preposterous conventions of every era.
It is axiomatic, I think, that one way youth benefits society, is that they question what the old men are saying, - shake things up a bit, make them examine their assumptions. It is no coincidence that in the Emperor With No Clothes children’s story, it is a child who points out the obvious, what the adults are so desperately pretending not to see, because it will impair their material well-being.
Pointing out the pernicious effects of the influence of certain Jewish elites on many aspects of American and European society and politics, as the Alt-Right does, greatly assists in understanding how politics really work.
If you doubt this, then I highly recommend that you listen to a couple of episodes of the most popular Alt-Right podcasts, like Fash the Nation, or Richard Spencer’s Alt-Right Politics, easily accessible by smartphone. The Fash the Nation hosts are two Beltway policy wonks who sound like they are in their late 20s or early 30s, who spend a couple hours each week talking politics. In their analysis, when relevant, and not over-stating it, they point out when Jewish interests are at play, when politicians, journalists, lobbyists, publishers, publications, foundations, or their main funders, allies, spouses, and backers, are Jewish. The gang at Alt-Right Politics does the same. It becomes very clear what is intuitively obvious - that blotting out any mention of this hampers any serious discussion.
(For Fash the Nation, I recommend episodes with Marcus Halberstram, like this one, and for Alt Right Politics, the year-in-review episode was a good one. The Fash the Nation hosts use obscenity on their show, which unfortunately detracts from their credibility, but don't be put off by it, put it up to youthful ignorance - they are worth listening to.)
By blowing up this taboo, the Alt-Right is making itself relevant, and those who cling to it, irrelevant. A taboo only works if it is universally observed - if a sizable number of people begin ignoring it, everyone else begins to look increasingly ridiculous. Liberals spend an inordinate amount of time wringing their hands about the Alt-Right. By refusing to openly and fairly discuss Jewish influence, they are handing them a powerful competitive advantage.
The Alt-Right is doing society a service by addressing an issue that urgently needs sunlight, and by providing an eco-system of websites and podcasts where authors can be published and critiqued, and points argued back and forth. Much of the discussion of Jewish influence in the Alt-Right is very scholarly, fair and balanced, i.e. the work of Kevin MacDonald or Michael Hoffman.
I believe the Alt-Right will continue to gain traction, simply because they intelligently discuss two sacred cows – the Jewish Question, and, closely linked to it, racial equality in terms of abilities, and the desirability of mixed-race societies. As long as they are addressing these two crucial issues, and no one else is, they will grow.
Another pernicious effect of taboos is that they can lead to angry outbursts. When problems are not addressed, they tend to fester and worsen, until they become intolerable, and then there is sometimes a sudden and violent reaction. You can see this dynamic in the public discussion of the malevolent influence of Jewish elites. Some people, when they finally perceive its reach and harm, having been mislead by people they admired and trusted, lash out in anger – a common reaction when you find out you’ve been deceived about something vitally important. This, I believe, is another reason to be rid of this taboo as soon as possible – it has a way of making things worse.
Obviously, this discussion should be done without any hatred or anger to Jews as a whole. The Jews who are causing the trouble – the ones at the pinnacles of political and media power, are a small group indeed. Anyone who has grown up with and knows Jews well, as I have, knows that they are like people everywhere - basically decent, and this has been my overwhelming personal experience. It is their elite institutions that for some reason are clearly malevolent, and this demands public examination, not the least by Jews themselves.
What I am calling for is criticizing the elites who have given their nation a very bad name, and figuring out why this pattern repeats itself throughout history.
The ongoing sex scandals which grace our front pages seem to provide an exclamation point to the phenomenon. Across the board, from Hollywood to entertainment to media to Washington, the poor sods being called out by the screeching harpy mob tend towards a certain ethnicity, not to mention the leading men in the spectacle. For all the talk and blather and belly button contemplation that the drama is evoking, no one, outside the Alt-Right, mentions this obvious fact, for it would be impolite.
The problem seems to arise when Jews get into positions of influence, i.e., when they join the dreaded 'elites'. Then, for some reason, regardless of their political sympathies or other particulars, they get up to no good - and something goes seriously wrong. Maybe the powerful Jewish institutions - the media, the banks, the movie studios, the music industry, etc, are in the hands of degenerates who demand bad behavior as the price of admission, and then enforce it. I really don't know, but obviously the question begs for examination, as the evidence does suggest that much of human enterprise dominated and shaped by Jews is a bottomless pit of trouble with a peculiar penchant for mendacity and cynicism, hostility to Christianity and Christian values, and in geopolitics, a clear bloodlust.
Hollywood and TV dramas? A completely Jewish-dominated industry, and a soulless spiral of depravity and cynicism, which only worsens with each passing year. Financial markets? - ditto - just watch the movies The Big Short or The Wolf of Wall Street for a particularly vivid illustration. Pop music and the rap nightmare? - ditto. The state of Israel and its treatment of the Palestinians? - more of the same. American foreign policy? - an unmitigated disaster which has murdered millions and squandered trillions over the last 30 years.
And I think 'murder' is the right word here -I think if you would ask the relatives of the 2 or so million Iraqis, Libyans, Syrians, Yemenis, East Ukrainians, or Serbs who died in the wars instigated by the largely Jewish- dictated US foreign policy over the past couple of decades, that they would back me up on that.
In each of these cases, one sees a tendency towards dishonesty. Indeed the whole 'Fake News' phenomenon, is fundamentally Jewish. It is the Jewish-owned American and European media which churn out an astonishing quantity of what can only be called lies.
Yes, 1900 years after the exasperated Romans scattered the Hebrew tribes to the four winds, the 'JQ' is still a huge, messy, unsolved problem, and in our age, it is reaching yet another crisis. I can only speak with any expertise on a subject I know a lot about. Western foreign policy towards Russia, and Russian history, and the Jewish influence there is nothing short of an extinction-level threat to the entire planet. I am sure experts in Middle Eastern politics would confirm something similar.
All this needs scholarship and serious inquiry, to finally get to the bottom of this ongoing tragedy, a tragedy for both Jew and Gentile alike. Some writers have made important inroads, like Kevin MacDonald, but much more needs to be done to understand the problem.
One serious writer, Michael Hoffman, in his book Judaism's Strange Gods, argues the problem is with modern Judaism, which has changed radically from the religion of the Old Testament, effectively hijacked by various Jewish sects such as the New Testament era Pharisees who inspire misanthropic behavior among elites. I really can't say, but it is precisely this kind of inquiry which is needed to figure out, as our president likes to say 'what the hell is going on'.
I know that many writers and editors in the alt-media, and the alt-lite, privately agree with what I have written here, but we should not expect many of them to break the taboo anytime soon. The reason is that they mostly barely hang on financially, and often work for tiny wages, and any such change in editorial policy would knock out a certain part of their funding, (not to mention some of their better authors) making their financial situation untenable. Some are beholden to foundations or governments who would pull support. The needed intellectual work is going to be done on the few platforms whose support base will tolerate it – and this will mostly be on the Alt-Right, or publications that can buck the tide, like Russia Insider.
I met strong resistance to the ideas expressed here from colleagues, staff and columnists who contribute to RI. I've discussed it at length with many of them. Some of the best writers on the site, and some of the most articulate critics of America's inane policy towards Russia, are Jewish. Some agree with me privately, but say that to do so publicly would so damage their careers that they cannot. Some do not agree.
Russia Insider depends heavily on reader contributions, and I suppose this will curtail donations from some, so if you agree with this article, then now would be a good time to click on the donate button.
Discussion of the Jewish problem (and 'problem' is the right word here) is obviously not going to be the focus of Russia Insider - we try to be primarily about Russia, but I am willing to give space to this issue, and not just as it relates to Russia. I invite all writers, including from the Alt-Right, to get in touch with me directly at charles@russia-insider.com with article ideas, proposals, or anything else, and yes, we will publish articles which use (((echoes))).
It is my great regret that we are not in a position to pay authors for articles. If anyone reading this is in a position to help provide funding to pay writers on this important subject, that would be helpful, because it immediately raises the quality and depth of the writing. If you are interested, please get in touch with me directly.
At the end of the day, I don't care whether other people agree with me on this or not, whether I lose or gain authors or donations, traffic or influence, or whether the big tech platforms try to hush us up (they are already actively doing so). I started this site in the Fall of 2014 to call out a terrible crime, a whopping lie being told, by the media, most vociferously by Jews in very influential Jewish-owned publications, (Andrew Kramer and  the editorial board of the New York Times being the prime example) about the conflict in the Ukraine. I didn't see it as a Jewish problem then – I just knew it wasn’t true. I knew relatively little about Jewish influence at the time. But after three years of immersing myself in political analysis and media criticism, it is as plain as day that this is the case.
Russia Insider earned respect by doing our best to tell the truth, and calling out flagrant dishonesty in the media.
We're not about to stop now.

Source: http://russia-insider.com/en/its-time-drop-jew-taboo/ri22186

KEY DATES FOR 2018

KEYS DATES FOR A MAJOR ECONOMIC/POLITICAL EVENT TO OCCUR:



MARCH 15, 2018

JUNE 6, 15 OR 24, 2018



THANK YOU,
JOSEPH PEDE

World Debt Is Rising Nearly Three Times As Fast As Total Global Wealth

World Debt Is Rising Nearly Three Times As Fast As Total Global Wealth

Some nasty dark clouds are forming on the financial horizon as total world debt is increasing nearly three times as fast as total global wealth.   But, that’s okay because no one cares about the debt, only the assets matter nowadays.  You see, as long as debts are someone else’s problem, we can add as much debt as we like… or so the market believes.
Now, you don’t have to take my word for it that the market only focuses on the assets, this comes straight from the top echelons of the financial world.  According to Credit Suisse Global Wealth Report 2017, total global wealth increased to a new record of $280 trillion in 2017.  Here is Credit Suisse’s summary of the Global Wealth 2017: The Year In Review:
According to the eighth edition of the Global Wealth Report, in the year to mid-2017, total global wealth rose at a rate of 6.4%, the fastest pace since 2012 and reached USD 280 trillion, a gain of USD 16.7 trillion. This reflected widespread gains in equity markets matched by similar rises in non-financial assets, which moved above the pre-crisis year 2007’s level for the first time this year. Wealth growth also outpaced population growth, so that global mean wealth per adult grew by 4.9% and reached a new record high of USD 56,540 per adult.
This year’s report focuses in on Millennials and their wealth accumulation prospects. Overall the data point to a “Millennial disadvantage”, comprising among others tighter mortgage rules, growing house prices, increased income inequality and lower income mobility, which holds back wealth accumulation by young workers and savers in many countries. However, bright spots remain, with a recent upsurge in the number of Forbes billionaires below the age of 30 and a more positive picture in China and other emerging markets.
There are a few items in the Credit Suisse’s summary above that I would like to discuss.  First, how did the world increase its global wealth at a rate of 6.4% in 2017 when world oil demand only increased 1.6%??
As we can see from the IEA – International Energy Agency’s Global Oil Demand table above, total world oil demand only increased 1.6% over last year.  Thus, the rate of increase of global wealth of 6.4% in 2017 was four times higher than the 1.6% increase in world oil demand.  I would imagine some readers would stand on their soapbox and emphatically claim that energy has nothing to do with wealth creation.  Unfortunately, these individuals somehow lost the ability to reason along the way.  And we really can’t blame them for making such an absurd remark because they probably believe their food magically appears on the Supermarket shelves.
Second, the financial wizards at Credit Suisse reported that global wealth also outpaced the population growth.  What they are suggesting here is that the “Millenials” who (many) are becoming wealthier by sitting in front of a screen and clicking on a mouse than their grandparents (the poor slobs) who were mainly working in the manufacturing industry by producing real things.
Third, while the Credit Suisse analysts stated that the Millenials were facing some disadvantages, there was a bright spot with a recent surge in the number of Forbes billionaires below the age of 30.  Well, ain’t that a lovely statistic.  What once took an individual at the ripe old age of 55-70 years to achieve a billionaire status, now can be done right out of college.  It’s probably not a good sign for the economy going forward that we are seeing more billionaires below the age of 30.

Global Debt Is Destroying Real Wealth

Okay, now that we know the global wealth reached a new record high in 2017, what about the other side of the story?  You know… the debt.  As I mentioned in my previous article, ECONOMICS 101 states:
NET WEALTH = ASSETS – DEBTS
Now, that equation above is a simple one… kind of like 2 + 2 = 4.  However, the financial industry likes to focus on the assets and not the debts.  But, according to a recent article on Zerohedge, Global Debt Hits Record $233 Trillion, Up $16Tn In 9 Months, the world added more debt in 2017 than total U.S. GDP:
As we can see, total global debt increased from $217 trillion at the beginning of 2017 to $233 trillion in the third quarter of 2017.  That is a $16 trillion increase in global debt in just nine months.  While U.S. GDP hit $19 trillion in Q3 2017, if we add another quarter for the increase in global debt, it could surpass $20 trillion for the entire year.
So, even if global wealth surged in 2017, so did world debt.  According to the data, global wealth increased by $16.7 trillion in 2017 while global debt expanded $16 trillion… nearly one to one. However, this is only part of the story.
If we look at the increase in total world debt and total global wealth over the past 20 years, we can see a troubling sign, indeed:
Since 1997, total global debt increased from $50 trillion to $233 trillion compared to the rise in global wealth from $120 trillion to $280 trillion.  There are two disturbing trends shown in the chart above:
  1.  Global Debt has increased 366% vs. 133% for Global Wealth since 1997
  2.  Net Wealth was $70 trillion in 1997 versus $47 trillion in 2017
If we compared the percentage increase in global debt versus global wealth, global debt is rising at nearly three times the rate of global wealth.  Furthermore, doing simple arithmetic by substracting DEBTS from ASSETS, global net worth fell from $70 trillion in 1997 to $47 trillion in 2017.
By putting the numbers together, right in front of our eyes, we can clearly see that the world is going broke by adding debt.  Basically, we erased $23 trillion in Global Net Wealth in the past 20 years.  However, I believe the situation is much worse than the figures shown above.  For example, I came across an article several months ago on Zerohedge that also reported the increase in global debt, stated it did not include FX Swaps, etc.  According to their data, Foreign Exchange Swaps likely exceeded $13 trillion.  FX Swaps are more short-term debt instruments, but they are still debt instruments.
Moreover, we have no idea what other nasty debts or obligations are hidden out of sight of the public.  Regardless, if we were just to include the FX swaps worth $13 trillion, the estimated net worth of Global Wealth would only be $34 trillion ($280 – [$233 +$13] = $34).

The Percentage Of World Gold Investment To Global World Assets Is Much Higher Than We Realize

Now, here’s how the financial situation gets really interesting.  If we go by NET WEALTH, then the value of global gold investment as a percentage of world assets, IS MUCH HIGHER.  According to the typical financial asset allocations, precious metals comprise approximately 1% of total global assets.  The following chart shows that total global gold investment is valued at $3 trillion and silver at $51 billion (based on $20 silver, last year):
Thus, $3 trillion in the value of world gold and silver investment equals a little bit more than 1% of the $280 trillion in global wealth.  However, if we are clever and remove the debts, the real NET WEALTH is closer to $34 trillion.  Thus, total world gold and silver investment comprises nearly 10% of GLOBAL NET WEALTH, or ten times higher than it is currently valued.
Furthermore, we must remember, physical gold and silver, purchased and held in one’s hand has no debt attached to it.  Of course, this assumes that an individual didn’t take a loan out against their precious metals holdings.  Thus, the precious metals have always been the highest quality stores of wealth for 2,000+ years… even though the Millenials forgot about them for the promise of millions of Crypto profits.
Unfortunately, the situation is much worse than what the figures in the charts above reveal.  Why?  Because, the only way that debts can be paid down is if we have another $233 trillion worth of profits from economic activity, correct?  Now, I am not talking about $233 trillion in costs; I am talking about PROFITS.  Big difference.
To pay back $233 trillion in debts, we have to burn one hell of a lot of energy… don’t we?  That’s correct; we have to burn energy to create economic activity.  And not just plain ole economic activity, PROFITABLE economic activity.  Well, we are in BIG TROUBLE because we have been burning one hell of a lot of oil (95+ million barrels per day), but global debts are increasing faster than global wealth.
So, it’s just a matter of time before GRAND FACADE comes crashing down.
Here’s how I see the future unfolding…
  1. The Falling EROI- Energy Returned On Invested will continue to gut the oil industry, and in time the world will experience CLIFF LIKE declines in global oil production
  2. As oil production suffers massive declines, global debt will become unmanageable.
  3. As debt becomes unmanageable, it starts to collapse.
  4. As debts collapse, so will assets.  Why?  Because debts are the other side of the assets
  5. As assets collapse, so with the value of STOCKS, BONDS, & REAL ESTATE
  6. As investors watch their investments implode, some who still can think for themselves will buy gold and silver
  7. As investors flock into gold and silver, patience will finally pay off for precious metals holders
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Source: https://srsroccoreport.com/total-world-debt-rising-nearly-three-times-fast-total-global-wealth/

Israeli organ-smuggling ‘mastermind’ arrested in Cyprus


Israeli organ-smuggling ‘mastermind’ arrested in Cyprus

Moshe Harel is accused of managing dozens of illegal kidney transplants at a Kosovo clinic


Illustrative photo of an operating room. (Nati Shohat/Flash90)
Illustrative photo of an operating room. (Nati Shohat/Flash90)
PRISTINA, Kosovo — The Israeli ringleader of a global gang of organ traffickers has been arrested in Cyprus, Kosovan police said on Saturday.
Moshe Harel is suspected of organizing dozens of illegal kidney transplants at the Medicus clinic in the capital Pristina in 2008, and is the man being held, according to local media.
“The suspect whose initials are MH was arrested a few days ago in Cyprus following an international arrest warrant” from Pristina, Kosovan police spokesman Baki Kelani told AFP.
Harel has been hunted by the authorities for almost a decade for exploiting victims, often recruited from poor areas in Eastern Europe and Central Asia, by promising 15,000 euros ($18,000) for their organs.



Polisi nchini Cyprus wanasema wanamshikilia raia mmoja wa Israel anayetuhumiwa kufanya biashara ya viungo vya binadamu
Moshe Harel amehusishwa kufanya biashara ya figo kwa matariji wa Israel takriban miaka kumi sasa.

Recipients would pay up to 100,000 euros for the transplant.
The organ trafficking network came to light in 2008 after a Turkish man collapsed at Pristina airport after having a kidney removed.
Police raided the Medicus clinic, which shut following the scandal.
In 2013, an EU-led court in Kosovo sentenced five Kosovan doctors to up to eight years in prison for organ trafficking in the country.
Donors, whose organs were illegally removed, were left without proper medical care and treated “like waste,” prosecutors said at the time of the trial.
The Supreme Court of Kosovo annulled the verdict in 2016 and ordered a new trial, which is ongoing.
The indictment named Harel as the trafficking network’s mastermind, while Turkish doctor Yusuf Ercin Sonmez — labelled by Kosovo media as the “Turkish Frankenstein” and still on the run — was suspected of performing the transplants at the clinic.
Source: https://www.timesofisrael.com/israeli-organ-smuggling-mastermind-arrested-in-cyprus/