Comparative Assessment: The Military Option

Thu, Feb 6, 2014 - 12:31am

Any true analysis of near term predictions must take into account the various military options and capabilities of the world's current powers.

Recently, and I apologize in advance for not taking the time to go back and link to it, a post appeared here discussing the Chinese military reality. There was mention of a submarine that sunk, and that the Chinese troops do not seem to have any real ability to endure field conditions or hardships.

I found that fascinating, because I am a former soldier, and nasty, miserable field conditions are just no big deal. We call that camping, and even pay dearly for the privilege.

Thinking on a macro level, though, I began to wonder about the concept of an actual outbreak of a shooting war somewhere in the world.

Going beyond the concept of currency wars, which are playing out in real time right in front of us, what would happen if shooting really started?

This thought lead to a cascade of simultaneous war game scenarios, all of which lead to a most startling question: why is there NO discussion at all about the role of an increasingly capable Chinese fighting force or the denigration of US fighting forces from logistical and personnel decreases or budgetary concerns?

Is this subject so taboo as to warrant NO MOPE at all? Or, have TPTB realized that any mention of the USA military capabilities via a via the Chinese would lead to polarization beyond that which we have now, or worse, to an honest critique of the true dire situation that the failure of western fiat paper has created?

Or, is it just that the Chinese are truly ass backwards when it comes to military capabilities? It is true that they have no professional military. But, the Soviets had their one party system, yet they fielded a most formidable military, even with conscription and less than perfect weapons systems as compared to the Americans.

Or is it something else entirely, like for example, the Chinese play a longer time frame, easily out maneuvering the hasty Americans who are bound by managers on a quarterly return basis, and by politicians focused on a narrow, two year time cycle? If this is the case, then is it not a compelling conclusion that the Chinese are playing a physical gold accumulating, hegemony altering, world commerce dominating game of thrones?

Is this not obvious who has played the best hand, and that the game is revealing itself?

Think about why Bill O'Reilly had Ms. Bartiroma as a guest tonight? Was she advocating something real, or managed? Why is she on TV, right now, advocating continued buying of the USA stocks?

I am more convinced by the day that 2014 is it. The collapse is afoot. I'm buying more gold.

About the Author


Feb 7, 2014 - 9:01pm

@ Kerbouchard, re Money Transfer into US

Please forgive me if my response is elementary. People operate at all different levels, so this may already be obvious.

Of course, if you're talking about enough to pay household bills, common debts, or keep smiles on faces, Western Union handles amounts up to, I think, $2000. US. I don't know if they're available in UK, but they do work in Red China (did he really say "Red China"?!?), so UK wouldn't be a stretch.

I've never had any significant difficulty with outbound international wire transfers, you know, the classic SWIFT-based system. Given that a meaningful percentage of people in the US think that the US is the world, it may take a little work with the person at the bank to get through to them what's going on, but with a little charm and patience, I've always been able to make it work. (And I mean a bit more than "making someone smile" money.) I have no doubts that inbound international wires can be accepted into existing accounts.

A possible suggestion: establish an account and send a small wire to that person's HSBC account, then have your friend simply inform the bank they need to send money back the other way.

Another possible idea: is it possible to find a bank in the UK that deals in multi-currency accounts? If so, perhaps the money could be placed in a USD dollar checking (or is that "chequing") account and mail a physical check for deposit in the US. Typically, banks will only accept checks drawn in USD, but they may be more flexible about the check being drawn from a foreign bank.

Last idea: does HSBC have a division banking in the US? Of course it would be a different legal entity, but they may be a little more helpful in making the transfer happen.

You've probably thought of these things, as they are somewhat pedestrian, but, maybe this will trigger a new thought.

And...there's always Bitcoin... .

Feb 7, 2014 - 9:11pm


Capital controls are here.

Posted a story on the library site??? (many moons ago) about a family experience with "transferring" money out of the US and back to Canada. Only thing I can suggest is a certified cheque via registered mail.

As far as the "suicide" by multiple nail gun projectiles.... yeah sure. Want to buy some swampland? Or a bridge? Or help a Nigerian Prince?


Feb 7, 2014 - 9:44pm

Not as easy as you might

Not as easy as you might think.....

PORTLAND, Ore. — An Oregon man who went to a hospital complaining of a headache was found to have 12 nails embedded in his skull from a suicide attempt with a nail gun, doctors say.

Surgeons removed the nails with needle-nosed pliers and a drill, and the man survived with no serious lasting effects, according to a report on the medical oddity in the current issue of the Journal of Neurosurgery.

The unidentified 33-year-old man was suicidal and high on methamphetamine last year when he fired the nails — up to 2 inches in length — into his head one by one.

The nails were not visible when doctors first examined the man in the emergency room of an unidentified Oregon hospital a day later. Doctors were surprised when X-rays revealed six nails clustered between his right eye and ear, two below his right ear and four on the left side of his head.

Feb 7, 2014 - 9:46pm

Occasnltrvlr & Zoltan

Occasnltrvlr: Many thanks for all your suggestions. In the interim, I checked out the U.S. HSBC branch, and have set up a test account. I'm sure it's easier all around when wiring money internationally within the same bank. Nevertheless, my experience with banks tells me that I'll be lucky if all goes smoothly. I'm keeping my fingers crossed and taking a deep breath and reminding myself to follow your advice with "charm and patience."

Again, I appreciate your time and effort.

Zoltan: I've done the certified-check-w/registered-mail route before. But, like you said, capital controls are slowly kicking in and that option is no longer available, as of this month. Grrr! F***ers!

But thanks, anyway.

Feb 7, 2014 - 10:51pm

Blast From The Past

One of those little things that slips by, something from a few months ago, the memorandum of understanding between the PBOC and FDIC:

To me, this is chillingly more ominous in light of Dr. Willie's and JC Collins's pronouncements of China buying the Fed.

Feb 7, 2014 - 11:40pm

On a more light hearted note

On a more light hearted note

United States Settles .000000012% Of China Debt With Autographed Photo Of Jon Hamm
Feb 8, 2014 - 1:25am

.....oh and The US sent a

.....oh and The US sent a Kennedy (effectively The US Royal Family) to Japan as Ambassador at the end of 2013, you can add this to that earlier post of mine.

Hammer Thorus
Feb 8, 2014 - 6:40am

Epic Red Army Choir

Epic Red Army Choir performance at the opening ceremony yesterday. Easily stole the show. I've been surfing in Siberian Russia and I can tell you from experience these dudes know how to enjoy themselves. And the ladies are simple divine.

Anyway, to the video. Can't post the performance itself due to copyright.

Video unavailable
Feb 8, 2014 - 12:47pm

Harvey's Up! (TFMR)

  • Grant Williams: The most worrying thing that I have seen in the past couple of weeks were the comments made by the central bank governor of India, who essentially said, ‘Look, the cooperation between the world’s central banks is now gone, and it’s every man for himself.’ And that’s going to turn into a problem by itself because if we don’t have these coordinated and unified interventions, actions, and interest rate policies that we’ve had, things could get very squirrelly, very quickly, in all kinds of places that most people aren’t even looking at. This is how all hell starts to break loose. We had the Asian currency crisis in 1997 and that started with the Thai baht, but it spread to all kinds of places that no one saw coming. It really feels like if the central planners are not extremely careful that we could be on the edge of another one of those catastrophic situations. Something may happen in a tiny little market somewhere and it may start a whole lot of dominos falling. I think something similar to what happened when a Brazilian hedge fund lost 90% of its assets in a week is going to happen with gold. One day people are going to want physical gold and what hasn't mattered before suddenly is going to matter, because they can’t get it -- they can only get paper. When that happens, you will see a massive reset higher. The fact that it hasn’t happened yet doesn’t mean it won’t. When the chaos really breaks loose around the world, it won’t matter if people bought physical gold at $1,500 or $1,250, they will just be glad they own it.
  • Mark O'Byrne (GoldCore): Global markets are now dependent on the drug that is cheap money and any reduction in money printing and debt monetisation will likely lead to market turmoil and economic dislocations. Silver posted the longest rally since August, extending a 2014 rebound of over 3% this year as turmoil in emerging markets and slowing economic growth reignited demand for haven assets. Chinese store of wealth buyers return from a week long Lunar New Year holiday which should support physical demand. China became the world’s largest gold buyer last year.
  • William Kaye: I believe that ultimately the decisions that policymakers are going to be facing either this year or next year, are going to be one of default or debase. Neither of these sets of outcomes are going to be greeted well by financial markets. This will mean much lower equity markets, higher interest rates, and a global reset with respect to the existing global financial architecture. But what you are going to see in the future is going to be unprecedented. I don’t even think the experience of the Great Depression of the 1930s will properly describe what is in store for people. My fear is that as social unrest breaks out pretty much everywhere, the governments of the world will use this as an opportunity to increase the ‘Orwellian’ police state. We have already seen signs of this in many countries, including the United States. But governments will crack down even further.
  • Harvey: So far the bankers are still in control of the gold and silver market as gold initially jumped to $1272 early this morning on the lousy jobs report, only to be repelled back to the $1257 range. However, during the day gold started seeing major bids as gold finished the Comex session at 1263.30 and continued in the access market where it finished at 1267. Silver was still held in check. The good news today is that the GLD inventory levels held constant again and also gold seems to be moving closer to backwardation in all months.
  • John Mauldin: At some point when we have a traumatic event, something that really gives us a reason to have a new valuation, then I think we see the big one. I can cogently argue that it’s going to happen this year, but then I can give you tons of reasons why it won’t happen until 2016. I’m not trying to be coy, I just don’t know what is going to be the driver. I suspect it’s going to be Europe, and a European crisis is further out. Now, they could create a crisis with the stress tests they are going to be doing. My cynical nature says they are not going to hold real stress tests, so that’s not going to create a crisis that should be created. The European banks are massively underfunded. But eventually the Europeans are going down because of their sovereign debt issues, and budget deficit issues.
  • GoldCore: There is a significant and growing consensus amongst academics, independent researchers and asset allocation experts that gold is a hedging instrument and a safe haven asset. Thus, many financial professionals now believe that gold should form part of investment and savings portfolios for reasons of diversification and financial insurance. Indeed, there is now a large body of academic and independent research showing gold is a safe haven asset and showing gold’s importance in investment and pension portfolios. This allocation is in order to both enhance returns but more importantly reduce overall volatility.
  • Brandon Smith: In the eight years since 2006 I have seen an undeniably steady trend of fiscal decline. I have never had any doubt that the U.S. economy as we know it was headed for total and catastrophic collapse, the only question was when. It is easy to shrug off the danger because the visible destruction is not immediate, it is latent; but when the avalanche finally begins, it is far too late for most people to escape. The financial crash of 2008, the same crash which has been ongoing for years, is NOT an accident. It is a concerted and engineered crisis meant to position the U.S. for currency disintegration and the institution of a global basket currency controlled by an unaccountable supranational governing body like the International Monetary Fund (IMF). The American populace is being conditioned through economic fear to accept the institutionalization of global financial control and the loss of sovereignty. If you understand that the goal of the Fed and the globalists is to dismantle the dollar and the U.S. economic system to make way for something “new”, then certain recent events and policy initiatives do start to make sense. At the end of 2013 we saw at least three major events that could have sent America spiraling into total collapse. The first was the announcement of possible taper measures by the Fed, which have now begun. The second was the possible invasion of Syria which the Obama Administration is still desperate for despite successful efforts by the liberty movement to deny him public support for war. And, the third event was the last debt ceiling debate (or debt ceiling theater depending on how you look at it), which placed the U.S. squarely on the edge of fiscal default. As we begin 2014, these same threatening issues remain.
  • Illuminating Concepts: New street lights that include “Homeland Security” applications including speaker systems, motion sensors and video surveillance are now being rolled out with the aid of government funding. The Intellistreets system comprises of a wireless digital infrastructure that allows street lights to be controlled remotely by means of a ubiquitous wi-fi link and a miniature computer housed inside each street light, allowing for “security, energy management, data harvesting and digital media.” With the aid of grant money from the federal government, the company is about to launch the first concept installation of the system in the city of Farmington Hills, Michigan. Using street lights as surveillance tools has already been advanced by several European countries.
  • The Daily Sheeple: Former Federal Reserve economist Mike Dueker has made the fourth in a growing and bizarre list of dead international bankers. Dueker was just found dead at his home near Tacoma, Washington. Dueker, 50, was a chief economist at Russell Investments. He had been missing since January 29th was found dead by the side of the road in what police said appeared to be a suicide. Richard Talley, 57, founder and CEO of American Title Services in Centennial, Colorado, was found dead in his home on Tuesday with up to eight wounds to the torso and head from a nail gun. Jim Willie himself has stated that the suicided bankers had flipped during prosecution investigation, and were assassinated to prevent insider testimony of bank fraud from reaching the prosecution. Willie emphasizes that we are NOT seeing bad bankers removed, we are witnessing bankers taken out who are on the verge of revealing BIG DATA details.
  • V-UPDATE 9:24 AM MOUNTAIN 5 FEB 2014: NEXT ON THE HIT LIST CITI EXECUTIVE TIED IN WITH FOREX FRAUD. THE HIT LIST HAS 3 DOZEN MORE NAMES-DESPERATE TIMES REQUIRE DESPERATE MEASURES IN THE WORLD OF MONETARY CONTROL! JPM can’t hold yellow metal shorts on notional gold. LIBOR and derivative hits continue as bankster suddenly commit “suicide”. 43 are on the knock off list and counting. The shock waves of this and many other scandals are creating turmoil everywhere.
  • Chris Powell: The Bundesbank as saying that it is repatriating Germany's gold from the Federal Reserve Bank of New York in small shipments because they are "preferred for security reasons". GATA's friend and consultant R.M. observes: "I was just thinking. ...There are 295 tonnes of German gold still to move from the Federal Reserve Bank of New York to Frankfurt under the Bundesbank's plan to repatriate 300 of its 1,500 tonnes at the New York Fed by 2020. Five tonnes are reported to have been transferred already. There are 307 weeks from now until January 1, 2020. If the Bundesbank plans taking until 2020 to repatriate the German gold, that would mean flying an average of 1 tonne of gold per week from New York to Frankfurt every week between now and 2020, or 50 flights per year with two weeks of down time per year. That is crazy and a security nightmare in itself, since it would establish a routine pattern of gold flights between the same destinations. So the Bundesbank's explanation for the slow pace of its gold repatriation from the New York Fed looks even more bogus."

All this and more on...

The Harvey Report!


Feb 8, 2014 - 6:24pm

Re: Red Army Choir

Thanks for the link.

Apparently very few people saw it!

Sochi Olympics: How NBC muffed Bach, Daft Punk (and why it matters),0,7811103.story#ixzz2smAmt6y1


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