... and Made in Japan--one of the greatest albums of all time. Let's make a pleasant non-political music pause. Seeing Ian Paice, Ian Gillan and Roger Glover (of legendary Deep Purple Mk.2), sadly without Ritchie and with John playing keyboards in Heaven, it is so gratifying seeing these legends being treated with such reverence by Japan's Prime minister.
Not taking anything away from Led Zeppelin, but technically they were not even in the same universe as Deep Purple. John Bonham's stupid untimely death solidified his myth as the greatest drummer. The problem for him, of course, is the fact that Paicy did it as good if not better, including bringing into Purple's hard rock almost a jazzy, swinging virtuoso element. And yes, in the USSR Deep Purple were so much bigger than LZ.
It is so gratifying to see legends being recognized for what they are on the highest state level--legends. Ah yes,
So do military paper tigers of economy of derivatives and financial legerdemain. Again, what is "market", anybody believes this BS anymore?
Oil market volatility is easing as traders adjust to geopolitical headlines, though prices still spike on major developments like failed U.S.–Iran talks and the Hormuz blockade.
Despite calmer futures trading, the physical oil market remains extremely tight, with up to 10 million bpd trapped and spot prices surging far above futures.
Ongoing blockades and supply disruptions are prolonging the crisis, pushing energy prices higher and delaying any meaningful market normalization.
The way economic system exists today it is unworkable due to both systemic crisis of the financial capitalism (euphemism for 21st century imperialism) and a financial "noise" of derivatives which have nothing to do with actual economy which provides livelihood for humanity. It is utterly broken and is unfixable. Just one example, the Speaker of Czech Parliament Tomio Okamura (he has Japanese roots):
The gist: without Russian resources we (Czechia) wouldn't be able to turn on lights, be that gas, oil or nuclear fuel for NPP in Dukovany. You see, reality is a bitch--in REAL war, in REAL economy, in REAL governance. Here is how it is reported in the news:
No, no, no, Russia doesn't care if Czechs will have lights tomorrow or not, if they have enough to eat or not. It is too late to do anything about it. If Czechia (same as the rest of Europe) wants to maintain the standard of living somewhere around the level of 1960s--premiums for all those goodies from Russia could be made available if someone decides that staying warm in winter is more important than "democracy" and will prostrate itself in a front of Russia's energy giants, then maybe Russians will consider selling it all. If not--call Brussels and stay on the line, your call is very important to them.
This clusterfuck is so over the top, that I don't even know how to measure it. In related news and down the memory lane when the map of the US Navy's CBGs popped up on TG channels.
None of the three are in any position (or station) to do much. And here is from quarter of a century ago by two distinguished US carrier aviators. Just enjoy:
It has been foreseen by many. Now the moment of reckoning is here. And yes, this is not shit-talking, it is the moment when the shit, pardon my French, got real.
Derivatives, a euphemism for speculation, which modern West's capital is and real economy are as removed from each-other as Milky Way is removed from Andromeda. As American Way of War is removed from actual war. Now they are doing betting, instead of studying markets and real conditions and outputs. The result is predictable. E.g.
That's Urals in ... futures. Hm. Physical oil, of course, is much more expensive. The "model" is collapsing.
It has to be understood that the whole narrative about Russia collapsed in the West. Russia now lives better, eats better, feels better and is developing better than the combined West. Meanwhile, Europe is getting poorer, colder or hotter, depending on the season, and there are all kinds of other issues. It is not just Africa and Asia which will be affected, Europe is not going to avoid a food shock which is coming. It is all a domino effect and one things leads to another.
Now to people who still delude themselves with the last straw of hope that this clusterfuck was somehow Trump's "plan". There IS NO plan, what passed for it was a harebrained scheme developed by BiBi and Mossad and executed by their slap-bitch and asset, who is blackmailed into sheer madness and a destruction of his own country for the benefit of a corpse of the Israeli state, whose time is up and will dissolve. It is already being abandoned.
Here are some realists from Israel: Yitzhak Brick, General in the Zionist Regime’s Army: Trump’s decisions are a catastrophe; ultimately, he capitulated to Iran! We did not defeat Hamas, we did not defeat Hezbollah, and we were unable to defeat the Iranians either! Damn right! The machine is broken, it has been for a while now.
In related news, which will not be reported in the West.
A very sad ending for a country with so much potential and resources. So much promise. All of it stolen from the majority of Americans by corrupt and incompetent "elites", who never had any loyalty to the US. Just the marriage of convenience--exclusive golf clubs, private jets and diversified portfolio and, of course, loyalty to Mossad (and Israel) with them knowing every sexual deviancy and crime these "elites" committed. They have now their biggest asset ever:
No, this is not AI, this is reported by most US media. The US had a good run, now it is Israel 2.0. It will remain under the control no matter who comes to the White House because no POTUS will have trusted, courageous, patriotic military-intel elite, because the US doesn't have any left and no courageous and patriotic people can become POTUS, period.
Meanwhile ...
These are futures, speculation that is--physical oil is much more expensive. And if anyone still believe that Saudi ports (terminals for East-West pipeline) are going to be pumping oil, look (again) at this map:
Yes, this place where Houthis live and who hate Israeli and Saudi guts. Well, you all know what I mean, right?