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Snowden Says UFO Hysteria is “Engineered” Distraction From Nord Stream Pipeline Bombshell

Snowden Says UFO Hysteria is “Engineered” Distraction From Nord Stream Pipeline Bombshell

“I wish it were aliens.”

Alex Wong via Getty Images

NSA whistleblower Edward Snowden says the hysteria over UFOs being shot down over America and Canada is a distraction from Seymour Hersh’s story about the U.S. being responsible for blowing up the Nord Stream pipelines.

Over the past week, there have been at least four instances of U.S. fighter jets destroying unidentified flying objects, in one case over Alaska, an object that had no means of propulsion but was spotted flying at 40,000 feet and pilots said interfered with the sensors of their aircraft.

Yesterday, the White House denied that the objects were extraterrestrial in nature, although the glib dismissal if anything only continued to feed into speculation online that ET had paid a flying visit.

In reality, as most people have pointed out, the shootdowns are likely a show of force to save the Biden administration’s blushes from questions as to why the Chinese spy balloon was allowed to monitor America in the first place.

According to Edward Snowden, the UFO flap is also a misdirection to wipe the infinitely more awkward Seymour Hersh story from the headlines.

Snowden tweeted that the hysteria was an “engineered” bait and switch to prevent the media from covering the pipeline explosion revelations.

Last week, Pulitzer Prize-winning investigative journalist Seymour Hersh published an article in which he asserted that the pipelines were destroyed by the US as part of a covert operation.

According to Hersh’s sources, the explosives were planted in June 2022 by US Navy divers under the guise of the BALTOPS 22 NATO exercise and were detonated three months later with a remote signal sent by a sonar buoy.

…click on the above link to read the rest…

Bubbles, Balloons, Needles and Pins

M. C. Escher Meeting (Encounter) 1940

It’s no surprise that China has its own plunge protection team -but why were they so late?-, nor that Beijing blames its problems on Trump’s tariffs. GDP growth was disappointing at 6.5%, but who’s ever believed those almost always dead on numbers? It would be way more interesting to know what part of that growth has been based on debt and leverage. But that we don’t get to see.

So we turn elsewhere. How about the Shanghai Composite Index? It may not be a perfect reflection of the Chinese economy, no more than the S&P 500 is for the US, but it does raise some valid and curious questions.

Borrowing from Wolf Richter, here are some stats and a graph::
• Lowest since November 27, 2014, nearly four years ago
• Down 30% from its recent peak on January 24, 2018, (3,559.47)
• Down 52% from its last bubble peak on June 12, 2015 (5,166)
• Down 59% from its all-time bubble peak on October 16, 2007 (6,092)
• And back where it had first been on December 27, 2006, nearly 12 years ago.

The first thing I thought when I saw that was: how on earth is it possible that in an economy that’s supposedly been growing 6%+ for a decade, stocks have gone nowhere at all? And obviously the role of the Shanghai index is different from that of the S&P, the DAX or the FTSE, but at the alleged Chinese growth rate, the economy would have almost doubled in size in 10 years. And none of that is reflected in stocks?

And if you think Shenzhen is a better barometer of ‘real’ China, Tyler Durden had this graph yesterday. Not the same as Shanghai, but similar for sure.

…click on the above link to read the rest of the article…

Olduvai IV: Courage
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Olduvai II: Exodus
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