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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Julius Wong who wrote (199938)6/29/2023 7:18:10 PM
From: ggersh  Read Replies (1) | Respond to of 218280
 
shadowstats.com

June 28th, 2023

(June 28th) U P D A T E D .. P O S T I N G .. S C H E D U L E .. Special Economic Commentary No. 1461 should posted over the pending, extended July 4th holiday weekend. It will cover the June 29th and 30th month-end GDP and Sentiment releases. Check here for late details. Subscribers will receive a direct e-mail notification of the posting, along with a link and login details.

In context of a rapidly evolving and deepening economic downturn, along with meaningful and still-pending, resurgent inflation, the new missive will assess the latest Money, Inflation and Economic details in context of the Federal Reserve’s conflicted approach to containing Inflation, hiking rates in an already faltering economy, while fueling its Banking System with enough liquidity to keep it from collapse or bank runs, during these difficult times.

At the same time, where Uncle Sam had been playing Russian Roulette with the Federal Deficit and Debt Ceiling, that was partially resolved, simply by eliminating the Debt Ceiling. Yet, no action has been taken, and none appears likely in the foreseeable future, to contain unfettered Federal Government Deficit Spending, going forward or otherwise, let alone addressing the concept of establishing long-term solvency and/ or financial stability guidelines for U.S. Government’s fiscal operations. Again, broadly, the current U.S. Economy is in a rapidly deteriorating and intensifying economic downturn, amidst still unfolding, resurgent inflation pressures driven by Federal Reserve money creation. The Fed also is looking still to hike interest rates, which also would help to crash the economy further, but not to contain the money-supply driven inflation. The Administration and Congress appear to be absent from providing meaningful help, having just exacerbated the circumstance by eliminating the Debt Ceiling.

The next Subscriber-Only E-mail Update is pending, reviewing the May 2023 current money numbers. Today’s June 28th DAILY UPDATE is being posted at 10:00 p.m. ET.




To: Julius Wong who wrote (199938)6/29/2023 7:57:29 PM
From: TobagoJack1 Recommendation

Recommended By
marcher

  Respond to of 218280
 
re Biden's <<... for over 200 years>>

what sort of equivalent speech can Putin of Xi make?

:0)))

In the mean time, BTW, Ukraine's fate might have just been sealed, either total victory or absolute defeat, depending entirely on how sincere EU and via Article 5, Nato is

agnostic on EU sincerity until after a few elections happen

I was half or quarter expecting Nato to pivot to Asia, and did not expect Nato to do so by trying to go through Russia. I suppose worth a try, and certainly tried before, so can try again, eventually might work out. Certainly tried before by the French.

Time to re-watch the fab movie my auntie had helped to film, before cultural revolution blocks such, just in case



ft.com

EU agrees to make ‘security commitments’ to Ukraine
French-led plan to assure Kyiv over supply of weapons and troop training
8 hours ago

The proposed EU declaration is aimed at sending ‘a very clear political signal’ to Ukraine and Russia © AFP/Getty Images

The EU has agreed to offer “future security commitments” to Ukraine as the bloc’s leaders seek to agree long-term pledges for Kyiv against the backdrop of rising instability in Russia and entrenched battle lines in the war.

The bloc’s 27 leaders made the pledge at a summit on Thursday, as the modest progress of Ukraine’s counteroffensive and the fallout from Wagner’s failed mutiny in Russia prompt capitals to rethink what support levels Kyiv requires.

The agreement commits the EU to continue financing weapons supplies to Kyiv through the European Peace Facility, a fund paid for by capitals, according to a person briefed on the discussions.

They also pledged to expand the EU’s initiative to train Ukrainian troops, and to explore the possibility of EU military missions to Ukraine if the conditions for it were deemed suitable, the person added.

EU members France and Germany, alongside the UK and US, have led efforts to agree bilateral security arrangements to provide Ukraine with long-term financing, military supplies, training and intelligence aimed at helping it repel Russia’s full-scale invasion and protect it from future aggression.

While falling well short of the mutual defence that would come with Nato membership, the pledges are designed to provide some form of stop-gap to reassure Kyiv and give it confidence in enduring western support.

The EU declaration, devised by France, is aimed at sending “a very clear political signal” to Ukraine and Russia, according to one diplomat involved in the discussions. It is also seen as ensuring the bloc has a stake in the broader security framework being devised to protect Ukraine and is not sidelined by US-led Nato, according to a second official.

But it met some resistance from Ireland, Malta and Austria, the bloc’s neutral states, according to officials briefed on the discussions, who want clarity about what the “commitments” would and would not entail.

Leo Varadkar, Ireland’s prime minister, said ahead of the summit that the details were “something we’re going to tease out as part of discussions today.”

“We’re supporting [Ukraine] financially and politically. We’re happy to make those ongoing security commitments but what we can’t do as a country is engage in a commitment around mutual defence because that would breach our policy of neutrality,” he added.

Other leaders also said further clarification was needed. “This European track would be additional. We will have to discuss how far it goes, and if it would be lethal or non-lethal support,” said Mark Rutte, Dutch prime minister, as he arrived at the summit.

The EU and its member states “stand ready to contribute, together with partners, to future security commitments to Ukraine, which will help Ukraine defend itself in the long term, deter acts of aggression and resist destabilisation efforts,” leaders agreed in a joint statement.

It adds that work will being to “swiftly consider the modalities of such contribution”, while taking account of the “securing and defence policy of certain member states”, a reference to neutral countries.

Some member states had earlier said the idea of “commitments” was very loosely defined, and requested the EU’s foreign policy arm produce a document codifying the terms.

“We are already doing quite a lot about security commitments,” said an EU diplomat, referencing the bloc’s financial support to Kyiv and its initiatives to source, produce and supply increased levels of ammunition.

Asked about the security commitment pledge, Kaja Kallas, Estonia’s prime minister, said it is for “every separate ally” to decide what they could do. “But what is important is that we say that this is the common way,” Kallas said on Wednesday.

“We are working on [the wording]. We do not want to have hollow, empty words.”

Ukraine’s hard-fought but slow progress against heavily fortified Russian positions in occupied south-east Ukraine has doused hopes in some capitals of a quick battlefield breakthrough that could prompt peace talks.

At the same time, Russian warlord Yevgeny Prigozhin’s mutiny against the country’s top brass has raised questions over the unity of Russia’s military and how Ukraine can best exploit that.

“For better or worse the outcome [of the counter-offensive] is going to impact everything we do regarding Ukraine, and we are all aware of that,” said one senior European diplomat, who like others requested anonymity given the sensitivity of the topic. “Funding, support, political engagement?.?.?. and most importantly the peace talks that are coming whether we like them or not.”

General Christopher Cavoli, Nato’s top commander in Europe, told a private gathering last week that the counter-offensive had not yet achieved significant successes and was struggling against Russia’s defences. “Russia still has the advantage of mass,” he said, according to people present.

Russia has more than 400,000 troops engaged in the war, according to Ukrainian and western estimates, more than it had in February last year when president Vladimir Putin ordered the invasion.

SHAPE, Nato’s military headquarters, declined to comment on Cavoli’s private remarks. It said in a statement: “Nato has been observing the conflict in Ukraine closely since the onset?.?.?. The next stage of their fight may be long and hard but we will continue to do everything we can to help Ukraine win its existential fight.”

Additional reporting by Andy Bounds and Ian Johnston in Brussels