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There is No Getting off Europe’s Elevator to Hell

There is No Getting off Europe’s Elevator to Hell

The European Union has been, in the immortal words of Private Hudson from Aliens, “… on an express elevator to hell, going down,” for a long time now.

From the day of then ECB President Mario Draghi’s “We will do whatever it takes” speech in July 2012 to today, the EU has chosen a path of fiscal, foreign and monetary policy insanity that has lead it directly to where it is today, the sick man at the geopolitical table.

The most recent missive from the great Alistair Crooke over at Strategic Culture Foundation has some very choice words for Europe as well as his always trenchant analysis.

“Two events have combined to make a major inflection point for Europe: The first was America’s abandonment of the Great Game ploy of attempting to keep the two Central Asian great land powers – Russia and China – divided and at odds with each other. This was the inexorable consequence to the US’ defeat in Afghanistan – and the loss of its last strategic foothold in Asia…

Crooke lays out the fundamentals which led to the formation of AUKUS and the recent application of a more rapid depreciation curve for NATO.

Underscoring the divisions within the U.S. policy establishment which left Europe, especially France, twisting in the wind with the shift in priorities, Crooke quotes George Friedman of Stratfor, who argued recently on Polish television that NATO serves no real current purpose for a U.S. that finally acknowledges China, not Russia, as its biggest threat.

Since Friedman and Stratfor are as deep state as they come, you should always read Friedman’s publicly available ‘analysis’ as an operations manual for U.S. foreign policy.  It’s the real official policy said out loud.

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

From the Notebook: A Critical Shift in the War for Oil

From the Notebook: A Critical Shift in the War for Oil


Davos really do think they are too clever by half. Despite prognostications to the contrary, negotiations with Iran over a new JCPOA are nearing completion which Biden/Obama will sign off on after putting up a bit more token resistance to lifting sanctions.

Why do I say this? Nordstream 2.

Biden backed down on Nordstream 2 and, at The Davos Crowd’s insistence, he will back down on the JCPOA.

Davos needs cheap energy into Europe. That’s ultimately what the JCPOA was all about. The basic framework for the deal is still there. While the U.S. will kick and scream a bit about sanctions relief, Iran will be back into the oil market and make it possible for Europe to once again invest in oil/gas projects in Iran.

Now that Benjamin Netanyahu is no longer going to be leading Israel, the probability of breakthrough is much much higher than last week. The Likudniks in Congress and the Senate just lost their raison d’etre. The loss of face for Israel in Bibi’s latest attempt to bludgeon Gaza to retain power backfired completely.

U.S. policy towards Israel is shifting rapidly as the younger generations, Gen-X and Millennials, simply don’t have the same allegiance to Israel that the Baby Boomers and Silent generations did. It is part of a geopolitical ethos which is outdated.

So, with some deal over Iran’s nuclear capability in the near future, Europe will then get gas pipelines from Iran through Turkey as well as gain better access to the North South Transport Corridor which is now unofficially part of China’s Belt and Road Initiative.

…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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