Thursday, March 13, 2025

NATO Revives Talk Of Sending European Troops To Ukraine, Warns Biz Leaders To Prepare For “Wartime Scenario”

from ZeroHedge:

It’s been no secret that in Ukraine there will be escalation before any potential ceasefire deal is worked out. The Biden administration is scrambling to try and build Kiev’s leverage on the battlefield prior to the Trump administration taking office. This includes the huge provocation of greenlighting long-range missile strikes on Russian territory.

France followed this weekend by approving Ukraine’s use of French long-range missiles against Russia, specifically the Scalp missiles. French Foreign Minister Jean-Noel Barrot declared that this move is in the “logic of self-defense”.

Trump Surrounding Himself with Operation Warp Speed Accomplices

from Reese Report:

TRUTH LIVES on at https://sgtreport.tv/

Joni Ernst Proposes $2 Trillion in Federal Cuts to DOGE Co-Chairs Elon Musk and Vivek Ramaswamy

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from Your News:

Senator Joni Ernst has sent a proposal to DOGE co-chairs Elon Musk and Vivek Ramaswamy, detailing $2 trillion in potential federal spending cuts aimed at eliminating government waste.

By yourNEWS Media Newsroom

In a bold move to streamline federal operations, Senator Joni Ernst (R-Iowa) has submitted a detailed plan to the Department of Government Efficiency (DOGE) co-chairs Elon Musk and Vivek Ramaswamy, highlighting over $2 trillion in proposed cuts to federal spending. President-elect Donald Trump recently appointed Musk and Ramaswamy to lead the newly created agency focused on tackling inefficiencies in government operations.

Bitcoin the International Commodity

by Martin Armstrong, Armstrong Economics:

COMMENT: Mr. Armstrong, I am a newcomer. I watched your WEC virtually. It was very eye-opening. I also want to thank you for Socrates and for covering Bitcoin. Your service is the only thing out there that isn’t biased, and you are not trying to sell me some crypto. Also, thank you for explaining that nothing can be fixed and that the sales pitch behind Bitcoin was just false. You have explained it is an asset class and approach it like anything else. It’s just a trade. I look at it in different currencies, as you said. It has opened my mind to a dynamic world, as you put it at the WEC.

WHAT?! Trump & the Fed are DISMANTLING the Global Banking Cartel!? w/ Tom Luongo

from Man in America:

TRUTH LIVES on at https://sgtreport.tv/

Checkmate: China’s Masterful Play in the Economic Chess Match Against the US Dollar

by Jon Forrest Little, Silver Seek:

China Plans, USA Reacts

While the United States is preoccupied with distractions—be it the latest Netflix fight, celebrity gossip, or political squabbles—China is methodically executing a long-term strategy to bolster its gold reserves. This deliberate approach is evident in several key initiatives: the establishment of the Shanghai Gold Exchange (SGE) in 2002 to facilitate gold trade, restrictions on domestic gold production exports, and a focus on importing gold and dore from abroad. The SGE’s premium on gold has driven significant market activity, resulting in a 30% increase in spot prices by 2024 as demand flows eastward.

US National Debt Goes Over $36 Trillion, +$2 Trillion in 2024!!

by Wolf Richter, Wolf Street:

The share of T-bills outstanding, average interest rate paid on the debt, and cash in the Government Checking Account (TGA).

Today, the US national debt jumped by another $61 billion and thereby made it over the $36-trillion mark, to $36.03 trillion, only four months after it had made it over the $35-trillion mark (July 26), and 11 months after it had made if over the $34-trillion mark (December 29), according to data from the Treasury Department today. Trillions are flying by so fast they’re hard to see.

MR. GLOBAL WANTS WW3 BEFORE TRUMP CAN STOP IT

from SGT Report:

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In the ultimate act of total desperation Biden’s handlers and Mr. Global are trying hard to spark WW3 with Russia before Donald J. Trump takes office. Pray for a patient Putin and for peace. SGT contributor Matt joins me to discuss this and much, much more in the SGT special report.

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Pentagon Missing $824 Billion

by Martin Armstrong, Armstrong Economics:

The Pentagon, funded by you—the taxpayer—has truthfully NEVER passed an audit. Washington uses the Pentagon and Department of Defense as perhaps its favorite money laundering tool. Countless funds and supplies vanish year after year, and no one is ever investigated or punished. The corruption is blatantly in our faces. The most recent gimmick of an audit revealed that the Pentagon is unable to account for an astounding $824 billion missing from its budget. This is the seventh consecutive time that the Department of Defense has at least admitted that the agency “misplaced” hundreds of billions of dollars. Where are the funds?

VANECK CEO PREDICTS $350,000 BITCOIN THIS CYCLE — Guy Gotslak

from SGT Report:

The CEO of Van Eck Investments is predicting $350,000 Bitcoin this cycle. Donald J. Trump says he wants the US government to buy 1 million Bitcoins over the next 5 years. Michael Saylor’s MicroStrtegy has bought HALF A YEAR of the total global #Bitcoin supply in just the last 2 weeks. Game theory. is kicking it which will compel this preciously scarce asset to north of $1 million per Bitcoin in the coming years. Can you afford to sit on the sidelines one minute longer? Guy Gotslak, President of My Digital Money joins me to discuss the latest news and data, thanks for tuning in.

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The Menace of Tariffs

by Lew Rockwell, Lew Rockwell:

Donald Trump is a strong believer in protective tariffs, and this is very bad news for those of us who support the free market. In Trump’s opinion, tariffs are a great idea. Here is what he said about them in an interview last month: “Trump has proposed a 10 percent across-the-board tariff on all imports and 60 percent on goods from China. During Tuesday’s remarks, he singled out imported cars for higher trade duties, saying he would slap a100, 200 or 300 percent tariff on cars made in Mexico. He also floated imposing 50 percent tariffs on goods to force companies to relocate operations to the U.S. to avoid the penalty.