'..inflation in Europe’s largest economy could reach double digits before the end of 2022 .. At 8.9%, euro zone inflation is already more than four times the ECB‘s 2% target and could exceed 10% in the coming months.' 'BERLIN -German inflation rose to its highest level in almost 50 years in August, beating a high set only three months earlier, data showed, strengthening the caseby archive - Archive
'..Another critical characteristic of the earlier inflation era was frequent temporary reversals in inflation, only to be followed by new peaks..' - (Global Stagflation)(Inflation out of control) - Inflationary Psychology Has Set In. Dislodging It Won’t Be Easy. 'Inflation in the eurozone soared to a record high of 9.1% in the year to August 2022, as Europe’s cost-of-livingby archive - Archive
'..we are arming Ukraine...but not enough, and not fast enough. We seem to be "spooning out" capabilities instead of doing what's needed to help Ukraine win now. Russia is exhausted. They will crack if we get Ukraine enough long-range precision fires and rockets.' - Ben Hodges (Source, August 17, 2022) 'The Biden administration should move more quickly and stby archive - Archive
'At the heart of the problem, Freedman believes, is the rigidly hierarchical nature of the Kremlin’s decision-making and how those at the very top are immune to responsibility for mistakes. “There are no incentives to tell the truth on the ground to the higher command. The senior military – people such as defence minister Sergei Shoigu and chief of the general staff Valery Gerasimov – areby archive - Archive
'..More than anything, it would be a well-deserved recognition of the pariah status that Putin has earned for himself and his country. After all, he is the leading terrorist of the 21st century.' 'Putin’s terrorist path began with the brutal subjugation of Chechnya shortly after he assumed power in 1999. He unleashed massive firepower upon civilians for the purpose of terrorizinby archive - Archive
'Statement: The Elders today called on Iran, the United States and all other participants in the Vienna negotiations to endorse the latest proposals to resolve the long-running talks about the future of the nuclear deal. These represent the best chance of securing a return to full compliance by both Iran and the United States and improving the chances of prosperity in Iran and peace in the Pby archive - Archive
'Powell provides an easy target these days. But when it comes to the “neutral rate” discussion, the entire economic community is implicated. The concept has never been on sound footing. As far as I’m concerned, the entire concept of calibrating monetary policy based upon some nebulous “neutral rate” is indefensible. Analytical quicksand.' - Doug Noland, Indefensible Neutral Rate Docby archive - Archive
'The tradecraft detailed in the indictment is reminiscent of Soviet-era “active measures,” by which witting or unwitting agents and organizations abroad were co-opted—either directly or through intermediaries—including to, as scholar Thomas Rid details, “exacerbate existing tensions and contradictions within the adversary’s body politic, by leveraging facts, fakes, and ideally a disorientingby archive - Archive
'The war in Ukraine began with Crimea and must end with its liberation, President Volodymyr Zelensky has said. Ukraine's president was speaking after a string of explosions hit a Russian airbase there, killing one person. Mr Zelensky did not mention Tuesday's blasts but said: "Crimea is Ukrainian and we will never give it up." .. Crimea is officially part of Uby archive - Archive
'..Another critical characteristic of the earlier inflation era was frequent temporary reversals in inflation, only to be followed by new peaks..' - (Global Stagflation)(Inflation out of control) - Inflationary Psychology Has Set In. Dislodging It Won’t Be Easy. 'WASHINGTON (AP) — Inflation surged in June and workers’ average wages accelerated in the spring — signs that Amby archive - Archive
'While there are moves at European level to restrict the uses of these chemicals and to find more benign replacements, there are also hopes that industry will quickly move away from using PFAS. "We do need persistent chemicals and substances, we want our products to last a long time while we use them," said Prof Cousins.' 'New research shows that rainwater in most lby archive - Archive
'"The Russian system of fighting is largely dependent on what's called reconnaissance strike: finding your targets and then hitting them with overwhelming firepower," he says. "And what we found is that almost every link in that chain is dependent on Western components." .. The report's authors believe time is running out to prevent new illicit pipelines bby archive - Archive
'..Another critical characteristic of the earlier inflation era was frequent temporary reversals in inflation, only to be followed by new peaks..' - (Global Stagflation)(Inflation out of control) - Inflationary Psychology Has Set In. Dislodging It Won’t Be Easy. 'Britain's main inflation rate has soared to 9.4% - and could hit 15% in early 2023 according to the Resolutby archive - Archive
'On Wednesday, Taiwan's Premier Su Tseng-chang said the island welcomes any friendly guests from overseas. "We are very grateful to Speaker Pelosi for her strong support and kindness towards Taiwan over the years," he said.' 'Pelosi is a longstanding critic of the Chinese Communist Party. She has denounced Beijing's human rights record, and met with pro-democby archive - Archive
'..this regime shift for financial markets and monetary authorities are yet to be fully understood .. the recent loss of central bank credibility is likely to raise the cost of restoring price stability. If we do end up in a prolonged period of above-target inflation, the four-decade long bull market in bonds will finally be over .. we shouldn’t underestimate the probability that we areby archive - Archive
'..Another critical characteristic of the earlier inflation era was frequent temporary reversals in inflation, only to be followed by new peaks..' - (Global Stagflation)(Inflation out of control) - Inflationary Psychology Has Set In. Dislodging It Won’t Be Easy. 'Inflation in the Netherlands rose again in July compared to a month earlier, Statistics Netherlands (CBS) reportby archive - Archive
'Cancel the state that goes imperialist and genocidal, and deconstruct its culture.' - Alexander Etkind, Beat Your Enemy.., July 15, 2022 '..If Russia is allowed to have its way with the independence-loving people of Ukraine and international borders fall with no consequences, we will be ushering in a new age of imperial and colonial conquest that will threaten others whoseby archive - Archive
'It was monetary and fiscal stimulus – inflationism - on a global basis, the likes of which the world had never experienced. And, importantly, the Bubble inflated for an incredible 13 years. History teaches that things can get crazy at the end of cycles, and we witnessed some of the craziest things ever. Readers far into the future will ponder this era, as we do the tulip bulb mania and Johnby archive - Archive
'..the longer-range missiles would also allow Ukrainian forces to move their HIMARS further back from the front lines, better insulating them from enemy detection.' 'NEAR IZYUM, Ukraine — If only they had more, and more sophisticated, weapons from the West, Ukrainian officials often tell their American counterparts and anyone else who will listen, they could make short work of Rby archive - Archive
'It's now very clear that the war will end earlier if we arm Ukraine faster.' - Gabrielius Landsbergis (Source, July 22, 2022) 'Russian President Vladimir Putin launched the internationally condemned war five months ago on February 24, bizarrely claiming that Kyiv's government is led by Nazis. In reality, Zelensky is Jewish and had family members killed in the Holby archive - Archive
'..NATO cannot have been the issue. NATO was unpopular in Ukraine until Russia invaded in 2014 .. Putin is not actually afraid of a NATO invasion of Russia, and never has been. He simply wants to conquer Ukraine, and a reference to NATO was one form of rhetorical cover for his colonial venture. Indeed, Russia is now withdrawing troops from the Finnish border (the future NATO border) so thby archive - Archive
'..European governments also need to prepare the people of Europe for what may be coming. Public awareness campaigns in the context of an energy crisis have been successful previously in reducing short-term energy demand by several percent. Every action counts. Simple steps such as turning down the heating by a couple of degrees in Europe can save the same amount of natural gas that is supplby archive - Archive
'The West has been too slow, and the need to even out the artillery disparity is urgent. Long-range artillery in particular has the potential to “change the war’s direction,” Mr. Mamulashvili says' '..as Kyiv makes the transition from Soviet-era equipment to NATO weaponry, it becomes wholly reliant on Western support. Ukraine needs weapons systems and ammunition “like, yesterdayby archive - Archive
'..and given how central artillery is in Russian doctrine, if batteries fall silent, you are done. This also means the grinding way of war cannot happen if you don’t have the ammo or guns. "The crisis of barrels, which since 2014 have indeed been made of lower quality steel (because deliveries of high-quality steel to Russia fell under sanctions due to the seizure of Crimea), there areby archive - Archive
'..high inflation is broadbased.' 'WELLINGTON, July 18 (Reuters) - New Zealand's consumer prices rose at their fastest pace in three decades .. Last week, Singapore and the Philippines surprised markets with out-of-cycle monetary policy tightenings while Canada delivered a much larger than expected 100 basis point rate hike. .. Westpac Bank said in a note that much ofby archive - Archive
'It was a historic, reckless bubble, and, as we’re witnessing, the bursting will be no less spectacular .. the dam broke for Chinese bank CDS. China Construction Bank CDS jumped 17 Friday (25 on the week) to 123bps, surpassing the March 2020 pandemic crisis spike. With over $4 TN of assets, this is one of the largest banks in the world.' 'Recall the Treasury curve inverted backby archive - Archive
'WASHINGTON (AP) — Inflation at the wholesale level climbed 11.3% in June compared with a year earlier, the latest painful reminder that inflation is running hot through the American economy. The Labor Department reported Thursday that the U.S. producer price index — which measures inflation before it hits consumers — rose at the fastest pace since hitting a record 11.6% in March. ..by archive - Archive
'The Fed’s most pressing concerns are to not only reverse its monetary excess and misjudgment of inflation, but also to instill confidence that they will follow important provisions of the Federal Reserve Acts .. Now, like in the early 1970s, the Fed alone must unwind a combined monetary/fiscal policy failure. Thus, once again the architects of the Fed Acts showed their wisdom when they trieby archive - Archive
'..Another critical characteristic of the earlier inflation era was frequent temporary reversals in inflation, only to be followed by new peaks..' - (Global Stagflation)(Inflation out of control) - Inflationary Psychology Has Set In. Dislodging It Won’t Be Easy. '..the “Taylor rule,”..' - 'Disaster is a strong but appropriate word that applies perfectly to theby archive - Archive
'..Another critical characteristic of the earlier inflation era was frequent temporary reversals in inflation, only to be followed by new peaks..' - (Global Stagflation)(Inflation out of control) - Inflationary Psychology Has Set In. Dislodging It Won’t Be Easy. 'The central bank joined a global wave of larger rate increases by pushing up its seven-day repurchase rate by aby archive - Archive