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🇩🇪🗳️ - Alternative fur Deutschland now second largest party in Germany. The impact of the sanctions on politics was extremely predictable. The fact that it was not widely known speaks to a very sluggish economic debate.

- Philip Pilkington

🇩🇪📉 - We’re rapidly approaching the point where the deindustrialization of Germany (and Europe at large) is going to start provoking serious unrest and political upheaval. AfD gaining ground is one of the first signs of this.

🌐🏦 - In 2008, when the Federal Reserve started printing more money through quantitative easing, they were debasing the US dollar. The more there is of something, the less valuable it is. However, the majority of people don’t notice it because their 401k is going up, their house is increasing in value.

People will talk about this grand, colossal market crash which will bring all assets to their knees due to the decades of money printing, debt, etc. It’s not going to happen. Stocks will actually continue to go up, at a quicker pace. Why? Currency debasement.

Look at Venezuela. When priced in Venezuelan currency, asset markets went parabolic. That’s not because their companies were generating more business - it’s because their money is worthless. To buy a share of stock today would cost a Venezuelan multiples more than it would a decade ago. Their currency has been debased.

- Genco Substack

🇺🇸💵 US Federal deficit as a % of GDP v. inverted US unemployment rate (blue dotted line = latest Treasury borrowing projection).

Only 3 ways to close this gap:

1. Face-peeling inflation.

2. Depression (as US govt slashes its ~25% of GDP spending.)

3. Productivity miracle.

- Luke Gromen

🌐🇺🇸💵 “$3.0T this year for Entitlements, $1.2T for Treasury Spending, & $900B for defense = $5.1T (~110% of record-but-now-falling-receipts), just for what we call the Big 3 expenditures.” - Luke Gromen

So what does this all mean?

Essentially, the U.S. (and by extension the G7 at large) have or are about to hit the point where their fiscal situation is behind their control. To fight inflation would require them to collapse their economy in a repeat of 2008 because a decade of low interest rates created too many distortions that can’t be fixed easily…or they’re going to have to let inflation be in the double digits on a sustained basis by mass money printing.

Neither are good for long term political stability.

⚡🇵🇸 The Israeli Air Force is bombing public property in Jenin.

@mediterraneanman

⚡️🇪🇬 The Egyptian government rejected a proposal by the Israeli authorities to lower the number of Egyptian police officers in Zone C, and of Egyptian Military personnel in Zone B and A.

Instead, the Egyptian government agreed to only discuss a proposal of strengthening the border using advanced sensors and surveillance equipment, but no deal has been agreed.
—

Commentary: The Israelis and everyone in the world knows that terrorism, to put it bluntly, has been eviscerated in Sinai, after 12 years, and 5,000 dead from the side of terrorists, the threat has been greatly extinguished, that is reported both by their own side, the International Peacekeeping force, the Egyptians, and now the Israelis, therefore there is no reason to maintain the massive military presence in Sinai.

40,000 Egyptian Soldiers are stationed in Sinai (That is three times the permitted size, and a good chunk are operating in Zone C - a forbidden zone.)

The Egyptians have also violated Camp David by stationing an additional 230 Main battle Tanks in Zone A to the already existing 200.

The establishment of the Meliz Airbase in Zone B, the first permanent airbase with offensive military aircraft squadrons (even though Camp David only allows for civilian airfields), Battalion HQ of the 101st in Arish, and two further military airbases, with massive facilities including underground fuel storages, hardened bunkers, etc, shows that the Egyptians have no intention to leave anytime soon, and that is beside the raising of multiple divisions in the post-2013 scene, something may be brewing, or not, who knows.

This ties in a post I made a few weeks back that the Israeli circles in Tel Aviv are genuinely concerned that the Camp David treaty, defacto or dejure, may be considered void, a commentator of the Israelis simply stated that to fight terrorism, you do not have to raise 6 entire divisions specialized in fighting mechanized warfare, you do not have to establish permanent stationing points of soldiers and equipment, and you certainly do not need to maintain specific units to be in a permanent offensive posture towards the direction of the East.

@mediterraneanman

🇷🇺🇺🇦 The work of the UAV-kamikaze "Lancet" on Ukrainian technology in the Kherson direction.

🇷🇺🇺🇦 Another footage of the destruction of Ukrainian armored vehicles by Ka-52 helicopters of the Russian Aerospace Forces.

🇷🇺🇺🇦 Destruction of the Ukrainian ammunition depot in the Kupyansk direction.

🇷🇺🇺🇦 The FSB announced the suppression of an assassination attempt on the head of the Crimea.

“An assassination attempt on the head of the Republic of Crimea, Sergei Aksyonov, organized by the special services of Ukraine, has been suppressed. In the course of the operational-search activities, a Russian citizen born in 1988 was identified and detained, who was recruited by the SBU and took a course in reconnaissance and subversive activities on the territory of Ukraine, including mine-explosive training,” the Center for Public Relations reported on Monday. communications (DSP) of the FSB of Russia.

The man allegedly planned to blow up Aksyonov's car, but was caught retrieving the bomb from a hiding place.

🇷🇺🇺🇦🇺🇲 The American television channel CBS reports that as a result of a missile attack on a pizzeria in Kramatorsk on June 27, a veteran of the US Marine Corps was killed.

The TV channel clarifies that the deceased is Jan Frank Tortorici, who arrived in Ukraine in the spring of 2022. He took part in many operations of the so-called "Foreign Legion".

Jan's death was confirmed by his relatives.

🇷🇺🇺🇦🇫🇷 Reportedly, the French AMX-10RC wheeled tanks performed poorly at the front. Of the 30 delivered machines, 9 have already been lost irretrievably, without bringing significant benefits. Critical articles about these wheeled tanks in the Western press complete the picture.

🏳️‍🌈 About 50 thousand LGBT soldiers are fighting for Ukraine - The Telegraph

Ukraine's first openly gay soldiers hope that Ukraine will be next and recognize the military contribution of its LGBT soldiers.

There is no exact figure on how many LGBT soldiers serve in the Ukrainian armed forces, but LGBT Military, an Instagram account that posts photos of gays and lesbians, puts the figure at around 50,000.

🇷🇺🇺🇦🇩🇪 Destroyed Ukrainian Leopard 2A4 tank near Novodanilovka, Zaporozhye region.

🇷🇺🇺🇦🇺🇲 Ukrainian BMP M2 Bradley ODS-SA destroyed in the area of Malaya Tokmachka.