Thursday, February 18, 2021

The bankers are scared

Myanmar is based beyond belief:

As news of the military coup in Myanmar reached the halls of the Bank of Japan, staff raced to gather information about the ongoing developments.

"They have apparently kicked out the central bank governor as well." The shocking news was passed up the command chain at the head office in Tokyo's Nihonbashi district.  

On Feb.1, Myanmar's military took control of the country's administrative, legislative and judicial branches, detaining de facto leader State Counselor Aung San Suu Kyi and several other democratically elected officials.

It is unclear what happened to former central bank chief Kyaw Kyaw Maung, but deputy governor Bo Bo Nge has been detained, according to media reports. Than Nyein, who served as central banker under the previous junta before the first free election in decades in 2015, has been reappointed to the role.

The Bank of Japan, like most central banks around the world, is watching carefully, to see how the military leaders could affect bilateral and regional cooperation on monetary policy and financial stability.

Translation: the central banks are terrified that their century-long free money ride is coming to an end. 

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Blogger General Grudge February 18, 2021 5:09 AM  

Globalist invasion of little Myanmar in 3...2..1...

Blogger Daniele Grech Pereira February 18, 2021 5:20 AM  

"democratically elected"
"first free elections"
Ok, Globalist.

Blogger T.L. Ciottoli February 18, 2021 5:26 AM  

Pray for Myanmar. Support their Men.

Blogger Crunchy Cachalot February 18, 2021 5:28 AM  

"The move brought back stark memories of the country's decades of military rule, when it was closed off from much of the world. The period of isolation began to change when the military embraced reforms at the beginning of the last decade, with foreign investors flooding into the largely untapped market rich with natural resources.

Japanese companies and financial institutions made significant inroads in Myanmar in the past decade, expecting the market to grow rapidly as it moved toward democracy."

Our loot! We worked hard to steal it and it's totally not fair for them to take it back!

Oh yeah, and democracy and free elections or something, whatevs.

Blogger Doom February 18, 2021 5:42 AM  

One can only dream that US generals and admirals are taking notes. Too fat and lazy, it seems. But... dream I do.

Blogger Shimshon February 18, 2021 5:42 AM  

Available here too

Blogger Rattlesnake_Kid February 18, 2021 5:43 AM  

Rubbing coins together in order to extract wealth from nations is utterly contemptible. Numbers magic is wicked. Death to the wicked.

Blogger Silent Draco February 18, 2021 5:49 AM  

Not for me!
Our people first,
Globalist worst.

Burma Bankster Shave

Blogger GoodTImesSwordsBear February 18, 2021 6:02 AM  

I think I want to subscribe to Castalia and move to Myanmar. Or Bearyanmar. BEARTARIA!

Blogger The Last Roman February 18, 2021 6:23 AM  

It reminds me of the reaction of the western political class when the Russians cracked down on the Oligarchs.

Blogger Harambe February 18, 2021 6:40 AM  

Was he "democratically elected" like Biden?

Blogger Unknown February 18, 2021 6:41 AM  

Last I saw, Japan's debt to GDP ratio was huge, far larger than that of the USA. Japan has been drowning in debt payments for decades and doesn't look like it will ever get out from underwater except through a default of some kind.

At this point, you may be asking...where are all the interest payments from this sovereign debt going? Well, which class of people mysteriously have billions of dollars to spend without providing useful products to the rest of society?

Blogger Silex February 18, 2021 6:46 AM  

Fear is a way of life for the parasite.

Blogger Mr.MantraMan February 18, 2021 6:46 AM  

Jap Boomer bankers had strong beliefs that inside the average Burmese WOG was a Boomer just like themselves or better yet like the idiot white Boomers in America, and as a result of those beliefs probably did crappy risk management.

Blogger Biggus Geekus February 18, 2021 6:52 AM  

"one of the reasons why Myanmar's military allowed limited democracy in the last decade was out of fear that it was becoming too dependent on China as its only backer, since it was cut off from the rest of the world through sanctions. The military now seems to value its own power over the risk of dependence on a giant neighbor."

Golly. I wonder why?


Blogger Jamin990 February 18, 2021 6:55 AM  

Dont forget - the people of Myanmar are more free, and have a more open and trustworthy election process now than the people of America.

Blogger Doktor Jeep February 18, 2021 7:06 AM  

Watch as ISIS conveniently pops up in the region.

Blogger English Tom February 18, 2021 7:21 AM  

Landdestroyer.blogspot has consistently over many years, identified the Suu Ki clique as tools of Western globalists. They also stated the trouble with the Rohingya people was because the area the Rohingya live in was the transit route for a pipeline to China that cut out the Malacca and Lombok straits and thus the South China sea. This latest move is part of this ongoing gray zone warfare.

Nothing is ever what it seems.

Blogger Nemesis The Warlock February 18, 2021 7:26 AM  

@1. General Grudge

My Grandfather fought alongside the locals to free them from the Japanese. Globohomo is in for a world of pain if they try to invade Burma.

Blogger Nemesis The Warlock February 18, 2021 7:31 AM  

@@11. Harambe

She was this time round apparently.

Blogger CM February 18, 2021 7:39 AM  

I’m curious what decades of military rule looks like in a tiny, isolated country.


Blogger buzzardist February 18, 2021 7:41 AM  

This helps explain the several highly publicized protests staged in Tokyo about the Myanmar "coup." The media seemed to inflate the numbers, and the protests were held in the middle of a COVID emergency declaration, so comparatively few people are on the streets. I rarely hear a peep about Myanmar in Japan for years, but suddenly it's a big deal for a lot of people...or the banks are astroturfing. It's not like the Bank of Japan can survive much longer once the Japanese people finally realize that all the money they have socked away in banks and postal accounts was long since spent by the government, mostly on nonsensical construction projects.

Blogger pyrrhus February 18, 2021 7:58 AM  

O/T slightly, the Governors of TX, FLA, IA, and several other States have recalled their national guards from the DC cesspool...The Governor of Montana met the guardsmen at the airport when they returned...

Blogger Nate February 18, 2021 8:00 AM  

Ground zero for christian persecution. Myanmar is not based. Its hell on earth.

Blogger JC February 18, 2021 8:00 AM  

Our overlords don't shy from utilitarian arguments for dealing with problems. So I shall propose one. Every person employed in banking higher than the title of "Branch Manager" should be executed. The same goes for those in finance. Sure, some genuinely good people would die (sorry Nige), but it was save a lot of lives in the long run and is therefore moral on their own terms.

Blogger pyrrhus February 18, 2021 8:01 AM  

Myanmar is a very based traditional society, living mostly in villages, with vast resources....Its very existence is a stick in the eye of the Globalists..

Blogger Damelon Brinn February 18, 2021 8:29 AM  

This is why the traitors in D.C. will be glad to keep fences and trooops around themselves in perpetuity. They know they deserve a revolution, and things can move from "detained" to "executed" very quickly. And whether it be a righteous revolution by the people or an opportunistic military junta doesn't matter a bit when you're standing on the gallows.

Blogger LR27 February 18, 2021 8:33 AM  

One year puts on banking stocks pay out 100 to 1 if they drop to zero or as high as 50 to 1 if they have a steep decline.

Blogger theartistformerlyknownasgeorge February 18, 2021 8:35 AM  

How soon until we start blaming China's war crimes on them and start hearing about concentration camps?

Blogger rumpole5 February 18, 2021 8:51 AM  

Great segue!

Blogger Unknown February 18, 2021 9:02 AM  

"Ground zero for christian persecution. Myanmar is not based. Its hell on earth."

Probably for the same reason Japan did way back in the day. Too many western cabal spooks infiltrating from ground level up via the Christian churches. They would be training/mkultra-ing locals while maintaining the veneer of Christianity. No different than the subversion of Marranos resulting in the Spanish Inquisition.

Blogger Harambe February 18, 2021 9:15 AM  

We don't always have to pick a side

Blogger Arthur Isaac February 18, 2021 9:19 AM  

So when does the CIA going to get a Cassus Belli together to get the government in Washington DC's Military in there? Trump must have these guys off their "A" game at the very least to let things get this far.

Blogger Balkan Yankee February 18, 2021 9:36 AM  

DeFi the banksters!

Blogger OneWingedShark February 18, 2021 9:46 AM  

pyrrhus wrote:O/T slightly, the Governors of TX, FLA, IA, and several other States have recalled their national guards from the DC cesspool… The Governor of Montana met the guardsmen at the airport when they returned…
Hm, that is interesting.

Blogger T.L. Ciottoli February 18, 2021 9:52 AM  

Nate wrote:Ground zero for christian persecution. Myanmar is not based. Its hell on earth

Depends what kind of "Christians." It is fact that the CIA and globalists have been using Jesuits and Protestant missionary groups to push Western globo-homo values on the natives for many decades. The same goes for Mormons, Jehovah's Witnesses, and all the other kooky sects that are used to destabilize entire nations, not to the glory of Christ but to the detriment of the natives and their traditional cultures. Considering Rome and all the major Protestant sects are fully converged at this point, putting the clampdown on fake Christians looking to subvert your entire nation and its culture is the very definition of Love.

Blogger Brett baker February 18, 2021 10:00 AM  

US FOGOs are Woke, not Based.

Blogger Brett baker February 18, 2021 10:01 AM  

So they hurt the money launderers?

Blogger Canadian Warlord February 18, 2021 10:02 AM  

As much as it might work in Burma / Myanmar, don't forget it almost did happen here with General Smedley Butler. And it was probably the Prescotts / Bushes behind the coup attempt. The grass is always greener, and sometimes it's worse than what is in place already.

Blogger Harambe February 18, 2021 10:15 AM  

Pray for our Christian brothers in Burma

Blogger SonyAD February 18, 2021 10:22 AM  

In my opinion, all (fractional reserve) banking should be abolished. Not just central banks. In fact, only abolishing central banks and going to a cashless society might run the risk of making every other bank effectively a central bank of its own, since all other banks would no longer depend on central banks providing physical cash and coins necessary to provide the fractional reserves against which other banks would be able to honour withdrawal requests, and which they would need to be able to honour cash withdrawal requests.

The only way around this would be if nations would take back the right to issue physical specie of their own currencies back from cental banks. However, this would still not address the problem of fractional reserve banking continuing to occur. Namely, the problem of private corporations loaning fictional/non-existent amounts of physical cash and coins into existence, at interest, and pocketing the interest as income.

Which, in my opinion, is legalised fraud or legalised counterfeiting or both, depending on whether you view the fictitious/imaginary cash and coins, which only exist on banks' electronic ledgers, as being counterfeiting or being fraud or being both.

Banking, in and of itself - as a practice, should be abolished, as far as I'm concerned. This can only be done by:

1. Making sure that all national currencies have a single, unique electronic ledger (one electronic ledger, in the world, per national currency).
2. Only allowing the nation a particular currency is the national currency of to issue more of that national currency, through its ledger and making the process transparent to both holders and non-holders of that currency, so that they are always aware how much of a given national currency is in existence and how much more of it has just been issued, ex nihilo, by the country which issues and uses that currency as its national currency.
3. Only allowing private companies and corporations to either take deposits and provide payment processing and settlement services but never also loan, credit or investment guidance and mediation services or provide loan, credit or investment guidance and mediation services but never also take deposits or process or settle payments.

In my opinion, capitalism requires a perpetually geometrically expanding money supply simply to be able to continue functioning, let alone grow with the population. The reasons for this being, profit can only come from some other person or business's losses or from money supply expansion. That and also businesses have operating expenses towards other business, meaning that their landlords, employees and owners don't get all the money the company takes in as income to spend back out into the economy again. And as that applies to all businesses, there's an aggregate, systemic discrepancy between the incomes of businesses and the ability of the rest of the economy to afford to be repeat customers of businesses due to not receiving all of the money back from businesses which they own, are employed by or rent space or land to that said businesses take in as income.

However, capitalism's need for a perpetually geometrically expanding money supply isn't an argument for privatised, ex nihilo, debt based money issuance.

Blogger tuberman February 18, 2021 10:43 AM  

I believe the military takeover, and suppression of Central Banks Is a great sign.

>> Watch as ISIS conveniently pops up in the region.

A version of ISIS is already there, and that's the #1 reason, among several, all this is happening. Mussies = ferals (don't have to be Black).

Blogger Angantyr February 18, 2021 10:50 AM  

"The bankers are scared"

The title alone brought a huge smile to my face this morning.

Next on the agenda: buy more physical silver!

Blogger Stg58/Animal Mother February 18, 2021 10:55 AM  

That's what Rambo 4 was about. Them massacring the Karen people. At least they massacre Rohingya muslims too.

Blogger Bezzle February 18, 2021 11:16 AM  

@18. English Tom February 18, 2021 7:21 AM has consistently over many years, identified...."

Great addition to the tab-bar rolodex. Thanks.

@31. Unknown February 18, 2021 9:02 AM
"Ground zero for christian persecution. Myanmar is not based. Its hell on earth."

Probably for the same reason Japan did way back in the day. Too many western cabal spooks infiltrating from ground level up via the Christian churches. They would be training/mkultra-ing locals while maintaining the veneer of Christianity.

And let's not forget the gunrunning. E.g., "Liberation-theology" and the Marxist take-over of most of Latin America. I still remember El Salvador taking out the Maryknoll nuns and their weapon caches. The commies are still whining about it to this very day.

Blogger tuberman February 18, 2021 11:37 AM  

On a similar international note:

"Russia Blasts Biden Regime For ‘Persecution’ Of Trump Supporters, Political Dissidents"

Blogger Bezzle February 18, 2021 12:03 PM  

@41. SonyAD February 18, 2021 10:22 AM
...In my opinion, capitalism requires a perpetually geometrically expanding money supply simply to be able to continue functioning, let alone grow with the population. The reasons for this being, profit can only come from some other person or business's losses or from money supply expansion....

That's not your opinion. It's central-banker minion Karl Marx's opinion (him having coined the term "Kapital(ism)" to deliberately bastardize the concept of trade in the first place) shot through myriad layers of converged society.

Nobody "loses" in a mutual trade. E.g., Castalia House sends you a book after receiving your agreed-upon value. You *both* profit by exchanging your lesser-valued item for a greater-valued item. (The currency-regulators are just skimmers on the sidelines; they only have power so long as they can enforce the use of their currency.)

Children intuitively understand the "profit motive". It takes years of public education (designed to produce whiny 22yr-olds with no marketable skills and in debt up past their scalp) to forget it.

Blogger Crew February 18, 2021 12:59 PM  

They have to be stopped before other countries get the idea that Central Bankers are weak!

Blogger Canada78Bear February 18, 2021 1:00 PM  

Black pigeon speaks had a video of an interview with a Budist monk.

There are some really really, based people there and if they are cleaning out central bankers they may be the only free nation in the world soon.
For however long that lasts. Good learning opportunity.

Blogger Jose Miguel February 18, 2021 1:38 PM  

@31 Unknown

Too many western cabal spooks infiltrating from ground level up via the Christian churches.

This is sadly the case, many places reject Christian missionaries because of the crossover with CIA. Evangelical organizations involved in missions shouldn't have allowed such close ties to the CIA to begin with, but the damage is already done.

Blogger Dan in Georgia February 18, 2021 2:29 PM  

Doktor Jeep wrote:Watch as ISIS conveniently pops up in the region.

Anyone seen Senator McCain? Oh, yeah. That's right.

Blogger weka February 18, 2021 3:12 PM  

Very much like Biden. She is one of the woke martyrs. Burma is making juntas great again.

Blogger OMGDwayne February 18, 2021 4:45 PM  

Why do all the good things always happen in places other than the U.S? We obviously need a higher quality of military man here in the Good Old U.S. of A.

Blogger Unknown February 18, 2021 5:08 PM  


Blogger Unknown February 18, 2021 5:39 PM  

Agreed, (sighs) I wonder now about all those missionaries that get killed. I'm sure many were genuine innocents but.....

There is an old Russian proverb, "The Jew will ALWAYS tell you what happened to him; he will NEVER tell you WHY it happened to him." I suspect a similar situation here.

Blogger d February 18, 2021 5:55 PM  

Their military defends their nation. Ours defends the Bush/Clinton/Obama/Biden cartel.

Blogger Haxo Angmark February 18, 2021 5:57 PM  

the Jewbuck won't die until Uncle Schmuel loses a war. Then

we'll see.

Blogger Bradford C. Walker February 18, 2021 6:54 PM  

Too many western cabal spooks infiltrating from ground level up via the Christian churches.

Oh, it's real all right. I have family that did that. That branch, and every other relative that benefited from the association, are all dying or dead of cancer now. Every last one.

Blogger Unknown February 18, 2021 7:48 PM  

And the unwilling host of the parasite.

Blogger Unknown February 18, 2021 8:43 PM  

My condolences, taking the Ticket is far too great a price.

Blogger Boaty Bear February 19, 2021 4:37 AM  

Black pigeon has a take.

Blogger Azure Amaranthine February 19, 2021 5:54 PM  

If they can maintain course for a few years they'll be in the same crosshairs as Napoleon's France or Hitler's Germany. The Banksters do not take kindly to their shackles being removed from the necks of nations.

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