There is always the question of why people are losing patience with the old politics around the world.
In the United States, in Europe, in Latin America, no one can stand the maintainers of the status quo anymore. And in Europe, the problem is hidden in cowardice.
German Chancellor Merz recently said:
“My biggest concern right now is not our economy, not the European Union, not America, not China. My biggest concern is the impact of Russia on our society and how they are managing to destabilize our societies.”
This is the greatest synthesis of what I have been saying for a long time. Europe has clung to the excuse of a Russian threat so it does not have to discuss what really matters.
Every month some European intelligence service claims that the Russians are planning an invasion.
Instead of carrying out the reforms society actually wants, they perpetuate insecurity and fear. Fortunately, few people in Europe believe this narrative.
Where is the German leader’s speech about a major plan to make energy cheaper and bring companies back? There is none.
Where is the speech on replacing Russian gas cheaply? There is none.
Where is the speech about building new relationships with the supply chains that Europe has lacked, and lacked badly? There is none.
Where and when will this European cowardice give way to serious and independent policies?
And this does not apply only to German leadership. I could give several other examples.
When there is no Russian invasion planned for next week, they talk about Chinese sabotage. It is never them, always the others.
Let us hope the new European generations are able to take back the reins and build a future with seriousness.
Had it not been for Boris Johnson and Victoria Nuland -- who personally forced Zelensky to reject the deal Ukraine and Russia were about to sign in Istanbul in 2022 -- this horrific war that has killed more than a million and consumed much of Ukraine would have been long over.
They shut down the Legislative Branch of the United States of America because I was outmaneuvering the Speaker to expose a global sex trafficking ring and impeach a rogue cabinet secretary.
It was the only way they could stop me.
I resigned from Anthropic today. I spent the last three years doing pretraining research at both OpenAI and Anthropic. Neither company is acting responsibly. They are racing straight to self-improving superintelligence and gambling with our lives. More thoughts below.
This hasn't been talked about much but it may be one of the most consequential revelations of the US's war on Iran: the fact that China has effectively replaced OPEC as the global price setter for oil.
It isn't me saying it but Igor Sechin, CEO of Rosnef, the largest oil producer in Russia - itself a member of OPEC+ (https://t.co/ckinOaHzJ7)
And Sechin isn't alone in saying so: many Western analysts - such as Javier Blas, Bloomberg's top energy analyst - are essentially saying the same thing (see https://t.co/cpcCKLdMCv)
How so? Well, China has demonstrated during the Iran war an extraordinary ability to simply walk away from the market and slash its oil imports by millions of barrels per day - during a months on end.
At peak, they slashed imports by 5.5 million barrels per day, the equivalent of India's total consumption. They can, quite literally, switch an entire India's worth of demand on and off, at will.
This is mainly because they have immense strategic oil reserves, estimated to stand at 1.4 billion barrels (https://t.co/jyTb2Srcnz) - 4 times bigger than the US's (the world's second largest inventory).
In a nutshell, prices being, as everyone knows, set by supply and demand, China now controls the demand side in a bigger way than OPEC controls the supply side. So, as Sechin puts it, they now call the shots.
All the more given that OPEC is weaker than it's ever been with the recent loss of the UAE, the largest producer ever to walk out.
This is what effectively saved the world's economy during the Iran war: analyst after analyst predicted that the closure of Hormuz would make oil prices skyrocket to stratospheric levels, like $200-$300 a barrel (https://t.co/PTU64I3zGl).
However, Hormuz is still closed and prices sit at... $91 a barrel, after briefly peaking at around $110 in April (https://t.co/eufRaK4EnB). China almost single-handedly made this happen with their flexibility on the demand side: what Hormuz made the world lose in supply, China basically cut in demand, which stabilized prices.
Long story short, as the saying goes: "never let a good crisis go to waste." China used this one to effect a friendly takeover of the most powerful cartel on earth - without even joining it.
So the armed forces of a foreign country are ready and active on American soil / NYC? And they are prepared to attack the #NYPD? 🤔 This is beyond belief.
Zohran Mamdani is the front runner to beat out trump as the TIME person of the year.
LOVE to see this. 🙏❤️
If this happens, I might never stop laughing. 🤣🤣🤣🤣
This is how they celebrate 🍾 championships in Spain. It's crazy what's happening at Plaza Cibeles in Madrid, Spain, where people are celebrating with a drone show that's simply spectacular…
EEUU sigue humillando a las selecciones de fútbol que juegan en el Mundial. Ahora le tocó a Uruguay. Los jugadores fueron tratados como narcos, con inspección de perros antidrogas y uniformados con detectores de metales.
La FIFA perpetró una vergüenza histórica este año.
📹 @FutboliPolitica
All’aereo della Celeste, che a mezzanotte (tra 16 ore) deve affrontare l’Arabia Saudita, non è stato permesso di entrare negli USA. Al di là dei rimpalli di responsabilità, il mondiale di Trump e Infantino è un’intollerabile pagliacciata.
#Uruguay