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May 21, 2024

PI Newsletter #65

  1. The “Disintegration” Of Global Capitalism Could Unleash World War 3, Warns Top EU Economist

Drawing on game theory, Hanappi argues that the calculus that none of these countries would be capable of ‘winning’ a world war may be changing in the perceptions of the leaderships of these countries. By one estimate, China has the highest probability of survival at 52 per cent, followed by the US at 30 per cent, and Russia at 18 per cent. This calculus suggests that of all the three powers, China might be the most inclined to escalate direct hostile military activities that challenge its rivals if it perceives a direct threat to what it sees as its legitimate interests.


  1. Do Americans Today Still Deserve Liberty?

This “deep state” of unelected, unaccountable, government bureaucrats, whose identities remain obscure to the American public, was abetted by high-ranking officials in the FBI and Justice Department. These included such names as James Comey and Andrew McCabe, who are now familiar to the public. They were joined, says Hanson, by journalists working for mainstream news outfits like the Washington Post, the New York Times, and the Wall Street Journal, who, alongside DNC proxies conveniently positioned at CNN, collectively worked to prepackage the phony Russian collusion narrative for the public. This was a public that was made ill-disposed to President Trump from months of premeditated, unrelenting negative coverage of him.


In other words, this isn’t the stuff of a far-fetched Ian Fleming novel. This tried-and-failed coup played out real time in the United States of America. And it happened in a time of relative peace, in the age of information where such things are supposedly thought to be impossible.


  1. Poetic Justice For The Aristocracy

The wave of populism/socialism/proto-fascism that’s sweeping the US and Europe is a direct result of the breathtaking hubris of a ruling class that didn’t know when to quit stealing.

While it is possible for societies dominated by a small group of rich/connected people to endure and even thrive, they can do so only if the 99% enjoys a rising standard of living and a certain amount of upward mobility. In other words, people will accept the existence of an entrenched elite as long as everyone else does a little better each year.

Today that’s not the case. The current crop of aristocrats (Google “Davos World Economic Forum images” for faces to go with the concept) are now simply harvesting the wealth of their subjects without much thought for their own vulnerability.


  1. Germany: Stabbings and Knife Crimes at Record High

A review by Gatestone Institute of German police blotters found that 2018 was a record year for stabbings and knife crimes in Germany: Police reported more than 4,100 knife-related crimes in 2018, compared to around 3,800 reported during 2017 — and only 400 in 2008. Overall, during the past ten years, knife-related crimes in Germany have increased by more than 900% — from one a day to more than ten a day. The data shows a notable increase in knife crimes since 2015, when Chancellor Angela Merkel opened German borders to hundreds of thousands of migrants.

German media do not report most knife-related violence. Crimes that are reported are often dismissed as “isolated incidents” that are unrelated to mass immigration. Moreover, many crime reports, including those in police blotters, omit references to the nationalities of the perpetrators and victims — apparently to avoid inflaming anti-immigration sentiments.

Knives, axes and machetes have become weapons of choice for criminals in Germany, which has some of the strictest gun laws in Europe.



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