The preeminence of British Banks such as Barings and Rothschild Maison de courtage and bankers that traces their profits making in the arm trade contingent of the mercantilist trade of the iberian colonialism in Latin America. The change of the world trade epicenter had provoked continual functional losses to such banking and monetary systems identified in the pretension of imperial domination and conquest.
These changes were promulgated first by the courtesans of the British Crown of Great Britain who promoted the Classical School of Economic thoughts that have addressed the value and the money with Adam Smith and David Ricardo which have prompted the response of Karl Marx, going through all the changes taking place in Europe giving their inter-bilateral wars and the rise of fierce competition to conquer colonies following the loss of the North Hemisphere by the British Crown.
New forms of exchange around the world was implemented in form of liberal trade and direct transfer of value through establishing direct line of exchange and transfer of values was accentuated in Latin America by the abolition of the slave trade and newly “emancipated slaves” transformed in wage-earners but more unemployed masses in the cities like in the “Fields of Nightmares”.
Territories and countries that have stayed out of the Capitalist Merchant system were confronted first by the liberalism and later by direct intervention of colonial companies chartered in London and other Financial European Places. External debt became the spear that transverse the shield of resisting countries to integrate the liberal flood. From India, Central Asia, China to North and South Africa and the Middle East with the “Sick Man of Europe” waves and storms invaded them and first hastened the rise of Communist Soviets and in two consecutive world wars and later breaking the Gold Exchange system and paving the path for the first clashes on money not on territories.
All this bring back to the time when John Maynard Keynes was addressing the issue of the money value during the Bretton-Woods and up to the monetarist of Friedman and the Economic School of Chicago and their Avatars as Technocratic-military-bureaucrats of Latin America, that was relayed by the Arab Boycott and the quadrupling of oil price followed by the waves of stagflation and we have seen how that to be the stimulant for imposing regimes that are supported on their ideological colors, Red you are, Red you will be marginalized and does not cross the line drawn in the sand. In face of that, we have “Pueblo Unido Jamas Sera Vencido” and “No Passaram.”
Populism, defense of the Western and Christian Values and Socio-fascism became the New Popular Formula feeded to the masses by regimes that have been collaborating with the new form of multinationalisation of capital and circulation of money.
Welcome:
TO THE NEW PLAY OF THE MISERABLES FACING INFLATION IN CALIFORNIA


They were waiting for the European Storm to pass over the World Economy and they held firm on the interest rates until the Fed and Ms. Lagarde decided that it is no longer possible just to have and be in the position of wait and see or waiting for Godot.
Unfortunately, the first increase by the Fed was a response to the financial plugging of the British economy but was confronted by the decision by the OPEC to reduce oil production, the decision by the Russian to accept only rubble as payment and the Chinese to make payment only with Yuan for all the external transactions. The conglomeration of all these geo-economic actions have made the dollar to be first higher than the Euro in the international market while it has also increase its vulnerability in front of the emerging markets while it has impacted more than 60% of the indebted countries that are on the verge of defaulting with Zambia, Sri Lanka and Ghana at the front line of complete default.
The recession was no longer at the edge of the Western economies, it was spreading beyond the surge of inflation of energy, commodities and the affordability of food staples by many countries.
Also, Japan has always played the role of antichambre and the echo room for the American economy since Reaganomics and Economic School of Chicago Boys.
The rest of the world is the hell heat of the inflation

An inflation that was stored as a vulcan once the dry land of all decisions taken by the financial and governing agencies in the western side of the story, the liberalism pursued burst in flames and lava covering the rest of the world economy and the price of energy product combined to the disruptive nature of all the diseases have flattened the path for the stagflation to elect domicile at the best of the best financial and economic houses that is the value of manufactured products, the value added to the primary goods by the international division of technological and logistic labor and the continual decrease of value of the commodities and primary goods coming from the south.
The subsequent division between nations has the same line that divided the Bourgeois City-dwellers and financiers and the peasant serfs sold with the land as part of the value of the land that depreciated considering the interests charged by the Bourg-banquiers to the owners of land far remained cloistered in what we called the Faux-Bourg, Faubourg at the periphery of the Center that is the City Market Place where the money circulation is the main frame of the commercial transactions while the Faubourg more is on the barter as method of trade which add more dependency on the Central Market of the Bourg-Merchants, these are the classes that were the primer investor in the next industrialization of the Bourg through first artisans and craftsman and guilds before becoming more separated of personnel skills and abilities and became the proper of productive mechanisms that made them to become the prolongation of massive mechanical productive system that take out the individual initiative or team of artisan collaboration.
Such separation and the abuse that resulted in making it to be accepted by these new class of workers who at this period of time they only have one thing which their Sabot – Wooden Shoe of the Countryside – to stop this ecrasement de leurs appropriation of their own labor force or product they are producing. They had to throw their wooden shoes – sabot in the machine so that they could have a break. A strategy that gave us the name of Sabotage, it was the age of Sabot in reverse of productive means and methods.
Diseases and decrease of agricultural productions added to the continual rural exodus has made the condition of the people who rely only on the force of the arms and hands to be begging for Bread:
TELL THEM NOT TO THROW THE CRUST OF THE CAKE LIKE THIS THEY Won’t be hungry anymore – Marie-Antoinette sentence distorted over time.

A long time ago, the USA and the Western World where we began to specialize in the Daily Manufacture of JEAN VALJEAN ET LES MISÉRABLES by our Great Victor Hugo, it was the period of “Huguenots = Huge money but you got not” to USA.
In the United States, California, we are manufacturing a New Robot from the Food Market and it is called:
new superhero named jean valjean resulting from the inflation and especially the price of the bread as it was during the time of the miserables
The Bread Ciabatta – Baguette – Batard named Bastar has the price between 5 dollars to 8 dollars, and guess what …
At wholesale, the price of 35 dozen of eggs is more than 100 dollars that means 1 egg is priced $2.8571
We invoke Hashem God and Allah when we are in trouble, I mean outside of trouble that despite having flour, water and salt and a hot oven, we cannot manage to dough and we lack wheat, Ukraine the Granier of the Liberal Western Empire and Africa , like use to be North Africa – called Mauretania the Granier of the Roman Empire.
Wheat scarcity has provoked so many changes in government and Empire and with Ukraine, is losing the transfer of Wheat to the rest of the World and with this Wheat it is impacting the circulation of money and the use of the Dollar for such commodities. So, well my brother, we haven’t come out of the mill yet and we’re cooked before we grind the dough in the mess despite all that we took Hashem, God and Allah, and this time in contradiction with our own wishes, to put ourselves in trouble to make bread, what new pain to wish oneself to be swallowed up in trouble and all this to refuel and monetize it in wheat, in the money of tomorrow, today, while waiting for Godot and being in trouble, we eat dry bread, French toast without eggs, and as they say, if you want to prepare an omelet to wet it and have them absorbed by the dry bread and fry them or instead of having kneaded bread in our mess, then we are obliged to make an omelet to break d are eggs
As you cannot be a Baker or like the former Prime Minister of France who was in trouble with all of France or like a Baker making balls in a bread kneader, then you can always try to be a cook
Also as they say: If you can’t stand the heat you get out of the kitchen and let the Palos make their own bread without messing or burning their ovens.
Hasta la Vista Hermano and Bon Appetit. This is not just boiling but burning Inflation
In Africa, we fill up the Aces and we go to starve our people to serve and feed their Gargantuan Croissant Appétit which has no limits
African States are feeding the Debtor and Starving for his own Appetite
in the productive, operational and logistical infrastructure and in the upstream supply chain for raw and peripheral materials and packaging at all stages of the transfer and exchange of goods and intermediate products from source to distribution and the direct and indirect sale of the final product.
This not to mention the interest rate of credits and loans as well as inflation for not only energy products but also and above all food products, dragging the recession behind with the bankruptcy and bankruptcy of countries such as
- Argentina, Lebanon, and Ukraine and now the following he Baba at Next:
- TUNISIA
- GHANA
- EGYPT
- KENYA
- ETHIOPIA
- EL SALVADOR
- BELARUS
- ECUADOR
Let’s get back to our topic, the market in the USA as elsewhere is no longer slow and gentle, slowly and surely, just look at the millions of dollars that are wasted in Asset Currencies by novices, kids and “spoiled kids” and what I’ll call the Be Con being a Bicon impostor see my writings on this:
U.S. Finance Policy Facing High Tech Clouds
– Said … Continue reading U.S. Finance Policy Facing High Tech Clouds
Africa Reports International Affairs World Economy
U.S. Finance Policy Facing High Tech Clouds
They were waiting for the European Storm to pass over the World Economy and they held firm on the interest rates until the Fed and Ms. Lagarde decided that it is no longer possible just to have and be in the position of wait and see or waiting for Godot.
Unfortunately, the first increase by the Fed was a response to the financial plugging of the British economy but was confronted by the decision by the OPEC to reduce oil production, the decision by the Russian to accept only rubble as payment and the Chinese to make payment only with Yuan for all the external transactions. The conglomeration of all these geo-economic actions have made the dollar to be first higher than the Euro in the international market while it has also increase its vulnerability in front of the emerging markets while it has impacted more than 60% of the indebted countries that are on the verge of defaulting with Zambia, Sri Lanka and Ghana at the front line of complete default.
The recession was no longer at the edge of the Western economies, it was spreading beyond the surge of inflation of energy, commodities and the affordability of food staples by many countries.
Also, Japan has always played the role of antichambre and the echo room for the American economy since Reaganomics and Economic School of Chicago Boys.
12/17/2022
The American Way of Making Money to Fly while the Limit is the Sky
Re FTX and the Madoff analogy, here’s another one:
By 2008, accountants to #hedgefunds were turning a blind eye to questionable valuations of private assets. There was a whole category of funds that showed great results with virtually no volatility — returns smoothing at its finest. A #hedgefund specializing in, say, private lending could say, “hey, the accountants signed off on it.”
Madoff was a wake up call — in December 2008, accountants realized that they could face liability for misstated NAVs. So they turned the screws and soon some hedge funds were being forced to write down assets held at made up values.
Clearly, the accounting profession overall has kept distance from #crytpo, perhaps based on what they learned back then. But the article below in Bloomberg suggests that any firm active in the space will be doing a mad scramble to understand if the teams focused on this area followed reasonable professional standards or, as we keep hearing, were star struck and compromised. Those that find problems will prepare files to assist regulators to try to limit the reputational and financial damage.
“The United States is spending an additional fraction of its defense budget to pay US industry, which in turn is giving weapons to Ukraine as it dismantles the Russian threat to Europe.” Kurt Volker