Or perhaps the end of the beginning, if you're a little more pessimistic.
Image is from this Bloomberg article, from which I also gathered some of the information used in the preamble.
While Trump was off in the Middle East in an incompetent attempt to solve a geopolitical and humanitarian crisis, China has been doing something much more productive.
Chinese officials, including Xi Jinping, had a summit with CELAC (a community of 33 Latin American and Caribbean countries). There, he promised investment, various declarations of friendship, and visa-free entry for 30 days for citizens of Brazil, Argentina, Chile, Peru and Uruguay. Lula signed over 30 agreements with China. Colombia is joining the New Development Bank and hopes to gain the money for a 120-kilometer railway connecting the Atlantic and Pacific coasts as an alternative route to the Panama Canal. Even Argentina, ruled by arch-libertarian and arch-dipshit (but I repeat myself) Milei, was uncharacteristically polite with China as he secured a currency swap renewal to shore up their international reserves.
It wouldn't really be correct to say that Latin America is "siding with China over the US" - leaders in the region will continue to make many deals with America for the foreseeable future, and even Trump's bizarre economic strongman routine won't make them break off economic and diplomatic relations. What's significant here is that despite increasing American pressure for those leaders to break off all ties with China, few appear to be listening - and given that China is perhaps the most important economy on the planet right now, that is a very predictable outcome.
As the current American empire takes actions to try and avoid their doom, those very actions only guarantee it. As Latin America grows ever more interconnected with China and continues to develop, America will grow ever more panicked and demanding, and this feedback loop will - eventually - result in the death of the Monroe Doctrine.
Last week's thread is here. The Imperialism Reading Group is here.
Please check out the RedAtlas!
The bulletins site is here. Currently not used.
The RSS feed is here. Also currently not used.
Israel-Palestine Conflict
Sources on the fighting in Palestine against Israel. In general, CW for footage of battles, explosions, dead people, and so on:
UNRWA reports on Israel's destruction and siege of Gaza and the West Bank.
English-language Palestinian Marxist-Leninist twitter account. Alt here.
English-language twitter account that collates news.
Arab-language twitter account with videos and images of fighting.
English-language (with some Arab retweets) Twitter account based in Lebanon. - Telegram is @IbnRiad.
English-language Palestinian Twitter account which reports on news from the Resistance Axis. - Telegram is @EyesOnSouth.
English-language Twitter account in the same group as the previous two. - Telegram here.
English-language PalestineResist telegram channel.
More telegram channels here for those interested.
Russia-Ukraine Conflict
Examples of Ukrainian Nazis and fascists
Examples of racism/euro-centrism during the Russia-Ukraine conflict
Sources:
Defense Politics Asia's youtube channel and their map. Their youtube channel has substantially diminished in quality but the map is still useful.
Moon of Alabama, which tends to have interesting analysis. Avoid the comment section.
Understanding War and the Saker: reactionary sources that have occasional insights on the war.
Alexander Mercouris, who does daily videos on the conflict. While he is a reactionary and surrounds himself with likeminded people, his daily update videos are relatively brainworm-free and good if you don't want to follow Russian telegram channels to get news. He also co-hosts The Duran, which is more explicitly conservative, racist, sexist, transphobic, anti-communist, etc when guests are invited on, but is just about tolerable when it's just the two of them if you want a little more analysis.
Simplicius, who publishes on Substack. Like others, his political analysis should be soundly ignored, but his knowledge of weaponry and military strategy is generally quite good.
On the ground: Patrick Lancaster, an independent and very good journalist reporting in the warzone on the separatists' side.
Unedited videos of Russian/Ukrainian press conferences and speeches.
Pro-Russian Telegram Channels:
Again, CW for anti-LGBT and racist, sexist, etc speech, as well as combat footage.
https://t.me/aleksandr_skif ~ DPR's former Defense Minister and Colonel in the DPR's forces. Russian language.
https://t.me/Slavyangrad ~ A few different pro-Russian people gather frequent content for this channel (~100 posts per day), some socialist, but all socially reactionary. If you can only tolerate using one Russian telegram channel, I would recommend this one.
https://t.me/s/levigodman ~ Does daily update posts.
https://t.me/patricklancasternewstoday ~ Patrick Lancaster's telegram channel.
https://t.me/gonzowarr ~ A big Russian commentator.
https://t.me/rybar ~ One of, if not the, biggest Russian telegram channels focussing on the war out there. Actually quite balanced, maybe even pessimistic about Russia. Produces interesting and useful maps.
https://t.me/epoddubny ~ Russian language.
https://t.me/boris_rozhin ~ Russian language.
https://t.me/mod_russia_en ~ Russian Ministry of Defense. Does daily, if rather bland updates on the number of Ukrainians killed, etc. The figures appear to be approximately accurate; if you want, reduce all numbers by 25% as a 'propaganda tax', if you don't believe them. Does not cover everything, for obvious reasons, and virtually never details Russian losses.
https://t.me/UkraineHumanRightsAbuses ~ Pro-Russian, documents abuses that Ukraine commits.
Pro-Ukraine Telegram Channels:
Almost every Western media outlet.
https://discord.gg/projectowl ~ Pro-Ukrainian OSINT Discord.
https://t.me/ice_inii ~ Alleged Ukrainian account with a rather cynical take on the entire thing.
I’m usually not one to post memes but this just reminds me of these crazy MMT memes made by an insane, terminally online Polish MMT communist twitter acc I recently came across, I just couldn’t resist lol:
why would they put s as the variable of integration. "economists" wish they were doing laplace sooooo bad
*are set by trust in the issuer, availability of higher returns and capability of absorb the liquidity, which if imports to usa decrease, could be funny conundrum for usa.
(but returning to irl world of production, yields fuck real economy, cause you finance at current market rates + premium, which, if you are at 10% margin, starts fucking you more and more)
Of which the currency issuer has a LEGAL monopoly. It is not trust, it is coercion. This is what many people don’t understand about how money and taxation works. If you can’t pay your taxes, you face legal consequences. This is what drives the “trust” in the currency.
If no other country is willing to run deficits to import from you, you still sell to the country who’s willing to run a deficit. You will sell, or you close down your factories and layoff your own labor, consumption demand plunges, recession ensues, you get kicked out of the government by angry people, and IMF still comes in and privatizes everything anyway. And… you still end up lowering your own interest rate hoping to offset the loss of demand for consumption.
Bonds are savings instruments. If there are nobody selling bonds, then people will just “save” in their deposits accounts in a bank instead. Since they are going to save anyway, it would not have impacted the “real” side of the economy.
The US government sells bonds to drain reserves. In a free floating exchange rate system, it’s just an accounting tool to let people who have accumulated surplus dollars to put their money in a drawer that magically generates interests.
What you said would make more sense in a fixed exchange rate regime i.e. what the Austrian school believes. (Bonds make sense during the gold standard/Bretton Woods era because if there are too much money in the circulation, it fucks with your exchange rate and bonds act to absorb the excess money to prevent inflationary risks.)
It is funny to see the market chases over something so inconsequential though, and eventually they’re all gonna learn the hard lesson anyway.