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Palisades Gold Radio
Premiered Mar 9, 2022
Tom welcomes to the program a different Tom named Tom Luongo, this one comes with slightly more hair. Mr. Luongo used to be good at a thing called blogging back in 2003 and 2008. He has since decided to return to the public eye as he occasionally opines opinions longer than a tweet.
Mr. Luongo is a hard-core libertarian and believes in human rights and is therefore against war as a matter of principle. Wars support the state and they are the worst possible outcome of human interaction. The Ukraine war is full of disinformation and bias from the media and as always the first casualty in war is the truth.
Much of the world has underestimated Putin largely due to incompetence. Power tends to make politicians lazy. However, when you don’t have a lot of power, you have to be cautious. Sergey Lavrov, the Russian foreign minister, is an excellent diplomat who has garnered the respect of many countries.
Putin wanted a multi-polar world with plenty of co-operation around Russian interests. The West has failed to listen and they naively, believed they could win in Ukraine and place missiles on the Russian border.
Our Western governments are working for foreign actors, namely the Davos World Economic Forum. These people are driving policy and damaging the West.
Putin understands the importance of taking advantage of your opponent’s weakness. He will likely back a new domestic ruble with gold. He may then allow backchannel financial systems like cryptocurrencies.
The financial system is breaking down and the Davos crowd is desperate. The entire world is built on a foundation of paper gold as a means to lever everything. Russia is capable of forcing financial discipline on the entire world.
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The Europeans hope to create a quagmire for Russia, but it probably won’t work. The Eurodollar futures curve is going flat and even the Fed is likely to impose fiscal discipline. Should the U.S. raise rates, it could crush Europe.
Ukraine won’t be planting any crops because the diesel supplies have all been blown up. There is no wheat or corn futures market. A major political shakeup is coming to the U.S. Congress in November, assuming the world survives.
A restructuring of the financial system could be done with at most a couple of years of pain.
The world is fracturing from the global agenda and these globalists still believe they are winning. Europe is done and they are going to be destroyed economically.
https://www.youtube.com/watch?v=qFHbNeayIx4
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