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Stern Drew
@SternDrewCrypto
·
1 h
🚨🇯🇵 BANK OF JAPAN’s YUTO JUST EXPOSED THE BOJ’S SECRET WEAPON FOR THE REVERSE CARRY TRADE

Article 589 of Japan’s Civil Code is about to get unleashed HARD on every foreign borrower still thinking they can keep refinancing cheap yen loans through Japan forever.

Japan’s Civil Code Article 589 = “no interest without explicit pact” yet the old ghost version killed un-written rollovers on “bankruptcy trigger.”

Past approvals? WORTHLESS.
Rollover hopes? DEAD.

Japan’s about to pull the plug on the entire carry trade… markets will NEVER see it coming.

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TG 2153: Turmoil In Kiev: Zelensky Fires Ukraine Army Chief

George Szamuely discusses President Zelensky's firing of Ukraine's army chief, General Oleksandr Syrskyi, and his replacement by Major General Mykhailo Drapatiy, and outlines what may now lie ahead in the war.

00:41:58
Live Chat
Monday Night At The Movies: "Investigation Of A Citizen Above Suspicion" (1970)

Join Gagglers for "Investigation of a Citizen Above Suspicion"!
The screening starts at 3 p.m. ET sharp.
Share all of your thoughts, comments and criticisms on the Live Chat.

See you at 3 p.m. ET

01:55:33
TG 2152: Is Trump Preparing A Ground Invasion Of Iran?

George Szamuely and Peter Lavelle discuss President Trump's shrinking options for resolving his problems with Iran, and thus the likelihood of his rolling the dice and launching a ground invasion.

01:38:11
Monday Night At The Movies

Please choose which one of the following 8 movies you would like to have screened next Monday, July 27.

To mark the political intrigue in London that led to the ouster of Two-Tier Keir Starmer and his replacement by Andy Burnham, the theme of this film selection is political intrigue, political infighting and political succession.

Please continue to vote in this poll after July 27, so that we can determine the runner-up. The runner-up will be screened on Aug. 3.

This guy is clearly deranged in the head

The Hormuz Letter
@HormuzLetter
·
1 h
BREAKING: Trump announces the US is about to carry out a massive attack on Iran "way bigger than Operation Epic Fury and bigger than any attack ever carried out before," saying "we are all set for it," and are "close to making a decision," Trump tells Axios.

This comes as Israel have been placed on maximum alert with numerous anti-missile shelters opening in Israel today, including the suburbs of Tel Aviv.

Trump also says Iranians "haven't received enough pain yet" and claims they "want to negotiate" but are not ready to make a deal, contradicting Iran's comprehensive no-negotiations with the US doctrine reaffirmed by Ghalibaf, Gharibabadi, Marandi, and Baghaei this week.

January 21, 2023
More Leftie Than Thou
"Jacobin" Magazine Celebrates A Strike Against Ol' Blue Eyes

Here at "The Gaggle" we have very little time for the "more Leftie than thou" school of thought--that's the approach to life according to which the only thing that matters is whether you take the right position on every issue under the sun from Abortion to Zelensky. No one in the world meets the exacting standards of this school of thought; any Leftie leader anywhere is always selling out to the bankers and the capitalists. The perfect exemplar of this is the unreadable Jacobin magazine. 

The other day I came across this article from 2021. It's a celebration of trade union power. And not simply trade union power, but the use of trade union power to secure political goals. Of course (and this is always the case with the "more Leftie than thou" crowd), this glorious, never-to-be-forgotten moment on the history of organized labor took place many years ago--in the summer of 1974 to be exact. Yes, almost half a century has gone by since that thrilling moment when the working-class movement of Australia mobilized and prepared to seize the means of production, distribution and exchange. 

Well, not quite. Organized labor went into action against...Ol' Blue Eyes, the Chairman of the Board, the Voice; yes, Frank Sinatra. Why? What had Sinatra done? Sinatra was certainly very rich, and he owned a variety of properties and businesses. But if the Australian trade union movement were, understandably, searching for the bright, incandescent spark that would finally awaken the working class from its slumber there were surely richer, greedier, more dishonest, more decadent, above all more Australian individuals it could have discovered. Australia was never short of them. Rupert Murdoch immediately springs to mind. Why Sinatra?

 

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