The global economy is about to be fucked up in ways that will have economists and historians studying the aftermath for generations to come. People have no idea. Those with savings and equities are most at risk.
The combination of failure to pass an Omnibus, likely US debt default, and shunting US Treasury assets into a “strategic bitcoin reserve,” and totally unregulated Ponzi crypto asset bubbles is a recipe for destruction of US and EU. The dollar will become worthless.
This sets up a zero sum game, to steal assets from those who have them now, and give them to people who hold play crypto assets. This paper explains how. Warning: requires reading, not just vibes, to understand. papers.ssrn.com/sol3/papers.cf…
The only thing that can possibly stop this is a critical mass of Republicans breaking with the Freedom Caucus cult and threatening their peers with stark consequences. But that’s unlikely, and they don’t have much leverage.
So anyway unless some miracle occurs, this is the end. It was a good run, and we tried.
Some of you emailed asking about how to manage these risks. Here is a summary, which I will keep updated.
1/Vladimir Kryuchkov was literally Putin’s boss, and he recruited Donald Trump, Robert Maxwell, and Jeffrey Epstein. His goal was to export Communist Party funds to Western banks. Why? Because the USSR was crumbling and they had no private banks in Russia.
2/Mikhail Gorbachev served a purpose here: open up channels to the West and make Russia approachable. ‘Glasnost’ and ‘Perestroika’ lured gullible Americans to Genrikh Borovik, Kryuchkov’s brother in law, a KGB agent who ran the Soviet Peace Committee.
3/It was through these channels that Kryuchkov would attempt to establish beachheads of influence in the West, channeling funds towards Russia friendly projects. Putin, Kryuchkov’s junior lieutenant, would be the ultimate beneficiary of these investments.
Jeffrey Epstein was a cutout who replaced Nikolai Kruchina, Robert Maxwell, and Leonid Veselovsky in Kryuchkov's $50bn+ KGB money laundering operation.
Kruchina got pushed out a window, Maxwell fell off his yacht, and Veselovsky went on to help Trump finance building projects.
This is, it seems, where Epstein got his money.
The failed August 1991 coup was the tipping point that led to Kruchina and Maxwell's deaths. This is the reason Epstein and Maxwell converged in 1991, and why it is such a pivotal year. It was the coup. Epstein was already running his own KGB thing prior, however, it seems.
It should be noted that Mike Johnson has no reported bank accounts and was funded by a co-author of Project Russia. Johnson’s job is to terminate the House, and he’s done it, for now.
Very long story short, what we are finding is that both Trump and Epstein were products of a large scale subversion campaign designed by Vladimir Kryuchkov to topple the West, with Trump as a political front and Maxwells/Epstein tasked with allocating ~$50 billion in KGB funds.
The reason these 'files' will never be disclosed is that no one can deal with the reality of what's actually happened. The sexual stuff is a sideshow compared to this broader story arc, and rooted mostly in Epstein's own deviancy. But it's very noisy and creates leverage.
The investigation by @RonWyden of 4,725 wire transfers totaling >$1.1bn is our best hope of nailing this down. But we should expect that the bulk of this has nothing to do with sex and everything to do with influence and KGB subversion.
1/Russia and Thiel are done with Trump: Khanna, Massie, Greene, Boebert, Mace, Sherman, McGovern sign discharge petition to force release of Epstein files; will create significant public pressure for dirt on Trump, which will likely be difficult to fulfill.
2/Meanwhile Johnson, who is backed by authors of Project Russia, is running his own parallel game w/House Oversight, promising to release even more. But neither camp is talking about Sen. Wyden’s investigation into Epstein’s $1bn+ money flows that would reveal the full scope…
3/of his activities, which include infiltrating scientific research institutions in the same manner pursued by Robert Maxwell. Outside the prurient and illegal sexual activity, this is where the biggest story lies, and you can expect that Russia, Thiel and their allies…
1/Increasingly bothered by the argument that the path to “intelligence” requires the theft of all known intellectual property. That’s not anything but theft, and if you were actually building “intelligence” it theoretically requires near zero training data.
2/If, as proponents argue, we are simulating human intelligence “in silico” then we should be able to build what amounts to a 12 year old’s mind. A 12 year old can be extremely “intelligent” (genius level in fact) but has necessarily trained on very little data.
3/Few are talking about solving that problem, because we really haven’t figured out the neuro-symbolic architecture to do it. Instead, we are vacuuming up copyrighted works (stored intellectual work of others) and billing that as “PhD level intelligence.” What utter bullshit.