Image is of demonstrators in Italy on October 3rd in solidarity with the people of Palestine as the genocide in Gaza and the West Bank continues; source is this article.

There’s way too much going on right now for me to really focus on any one country this week. The aftermath of the fall of the Nepal government has, somewhat surprisingly, reverberated around the world, and not only in countries that are enemies to the West as you’d expect; for example, Morocco’s government battle fiercely with Egypt’s and Jordan’s to be first in line to lick the dogshit off the boots of Zionists, and yet Morocco is currently embroiled in a large protest wave based primarily around a youth unemployment crisis (though their population is also remarkably pro-Palestinian, which generates additional friction). We’re also seeing similar protests in Madagascar, Peru, and Paraguay, and perhaps more will come. I’m personally fairly doubtful in the potential for meaningful economic results from these protests (the current imperialist system seems too deeply embedded for a movement that isn’t explicitly communist and anti-imperialist to alter conditions), but it is quite possible for new political results at least.

Outside of the developing world, it appears that the unpopularity of western leaders, such as in the UK, France, and Italy, is creating new levels of unrest. In Britain, the political system has become so utterly moribund that even the artificial democracy of a two-party system (more-or-less; the Lib Dems do exist I suppose) no longer suffices, with both Conservatives and Labour gradually sinking. The Reform party appears like it may become the new standard-bearer of the capitalists and petit-bourgeois - that is, the historical wellspring of fascism - and the Left Party (whatever name they eventually choose) may or may not rise to meet the occasion. In France, they’re on their fifth Prime Minister in two years, after Lecornu lasted about a month, attempting the liberal classic: promising change, and then appointing the exact same people who have ruled for the last few decades. And pro-Palestinian protests and general strikes have erupted in Italy, in defiance of their rightwing government under Meloni.

While there’s plenty of other events (e.g. continuing aggression against Venezuela that might soon erupt into a war) it would be remise of me not to mention the very much ongoing events vis-a-vis Palestine and a potential peace deal there, seemingly supported to some degree by Trump. It could be legitimate, and it could be some big act (very likely the latter, IMO). Both Trump and Netanyahu seem to believe that they’re very talented political masterminds, producing manoeuvres and feints that would make Machiavelli blush. Nothing could be further from the truth, and I trust the militant organizations inside Palestine to outplay these American failsons. Hamas and similar groups are not nearly as gullible as the Iranian reformist faction - though few people are!

Last week’s thread is here.
The Imperialism Reading Group is here.

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The RSS feed is here. Also currently not used.

The Zionist Entity's Genocide of Palestine

If you have evidence of Zionist crimes and atrocities that you wish to preserve, there is a thread here in which to do so.

Sources on the fighting in Palestine against the temporary Zionist entity. 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.

    • FuckyWucky [none/use name]@hexbear.netEnglish
      19·
      4 days ago

      It just means (at best) the BRICS countries will use a non-Dollar currency for clearing trade between countries instead of SWIFT/western financial infrastructure. The issue is how will these BRICS nations obtain this non-Dollar currency?

      All these countries obtain their foreign currencies (which are mainly Dollars) by the way of capital inflows and trade.

      For example, India has a current account deficit, current account balance includes trade balance, net transfers (e.g. remittances, foreign aid etc), net income from abroad (e.g. dividends).

      In India’s case, the current account is in deficit, it is by definition financed by capital inflows from the U.S. and the west (purchases of Indian shares by Americans for instance). So, to obtain this non-Dollar currency, India will have to export to the U.S. (which it does, it has a trade surplus with the U.S. which combined with capital inflows finances their trade deficit with China and oil exporting nations). India obtains Dollars first, then goes to foreign exchange markets to obtain this non-Dollar currency. Either way, the external sector of the Indian economy is built around obtaining Dollars (and other first-world currencies to lesser extent) from the U.S. (and rest of the world, mainly West).

      This problem can be kind of solved if China is willing to accept currencies of other BRICS nations. The Chinese Central Bank for instance can provide an unconditional fixed floor exchange rate window. E.g. ¥ 1 = ₹ 13. This way whenever it trades the Chinese Central Bank, the PBOC will accumulate Indian Rupees, which it currently doesn’t want to do, Indians will get access to Chinese goods and services without needing the Dollar and Chinese workers will stay employed even under a market export-oriented system.

      One may claim, this can be ‘abused’ since Indian Central Bank, the RBI can issue unlimited amounts of Rupees so they can obtain ‘unlimited’ amounts of Chinese Yuan. That is true, which is why caps can be placed on the Yuan amount accessible to the RBI under this window or other ways to nudge other countries against doing so. But keep in mind, China has accumulated trillions of US Dollars by providing a crawling exchange rate with the Dollar, the mechanism is similar, just couched under a market mechanism.

      Of course, the Fed doesn’t directly intervene in the foreign exchange market to provide a window, the 'market does it ‘naturally’ so you get the guise of a market transaction.