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New Alternatives for Regional Alliances & Global Effects?

New Alternatives for Regional Alliances & Global Effects?

Opinion: The following article is commentary and its views are solely those of the author. This article was first published the 14th of March, 2025 via The Angry Demagogue.

There is so much going on that it really is difficult to keep up. Israel is at the center of many of the regional developments, as would be expected. But it is not just Israel as Israel, but Israel as an ally of the United States that is interesting. The Syria problem we have written about and it is still not clear what the Trump administration’s policy is there as they look skeptically but hopefully at Al-Julani’s Syria. In our opinion that decision will be made for them, since the chances that Al-Julani has changed his stripes to a Western democrat is small and even if we are wrong there – the armed Jihadist groups that he needs to control seem more interested in ridding Syria of ‘heretics’ than stabilizing the country.

Lebanon has changed enough for the United States and Israel to take chances. While it is too bad that Israel did not do more in ridding the country of Hezbollah, the fact that Syria is no longer part of the Shiite crescent means that they are isolated and not able to get funding and arms from Iran with the same ease. What is important about the current Lebanese government is that Hezbollah is not a part of it. That does not leave them powerless, but it allows the government to act more independently. The Lebanese Shiites, under Hezbollah and the less but still militant Amal, will have to rethink their loyalty to these two organizations. At the least, it should move Amal away from their stronger partner.

Iran now has no land route to Hezbollah and will have a harder time arming the Houthis, too. But it is in Iraq that they are facing problems which could cause as much damage to their projection of power as did the loss of Syria. Due to US pressure, Iraq has stopped buying Iranian electricity although they can still buy gas. It seems that the US is giving Iraq some time to find alternatives to Iranian gas and the Iraqi government is moving away from Iran on other issues too and are trying to get rid of Iran’s Shiite militias.

But the most interesting thing to happen is Israel’s attempt to strengthen America’s relationship with Azerbaijan, a country that Israel is in close contact with regarding Iran. Israel has always been rumored to plan to use Azeri air force bases in a possible attack on Iran. The Azeri official responsible for regional development was in Israel last month and is trying to bridge differences between Israel and Turkey. The Azeri’s next stop after Israel was to Turkey. Steve Witkoff is reported to have stopped in Baku after his visit to Moscow.

An Azeri company has also bought rights to Israel’s Tamar gas field. Israel currently gets oil from Azerbaijan via a pipeline that goes through Turkey so the energy relationship is strong and longstanding between Israel and Azerbaijan. It seems that Turkey’s relationship with Azerbaijan is more important to them than their animosity towards Israel – probably because the Azeris and Armenians are enemies. It seems that sometimes not only friendships have to be ranked but enemies, too.

Trump’s game with Ukraine is not necessarily to my taste but it could be that there is something much bigger going on here and that is connecting Israel, Russia, Central Asia and Turkey to a grand alliance with the United States. I don’t think that Trump will succeed in pulling Russia away from Iran and China and that Erdogan’s Turkey will not give up their dream of destroying Israel. But what if the Iranian regime falls after a combination of harsh sanctions, economic collapse and Israeli military attacks? What if Iran is pulled away from the alliance leaving Russia with just China? What if a Russian base in Syria is dependent upon their moving away from China?

Last year the Axis held a near continuous land bridge from the Pacific to the Mediterranean. China was moving into Russia’s “sphere of influence” in the “Stans” of Central Asia with their economic bear hugs. This was something that the Biden administration ignored, but could be a bigger headache for Putin than a well armed but non-NATO Ukraine with American businessmen instead of soldiers as a tripwire.

Are we giving too much credit to Trump and his foreign policy team and to Israel’s influence in the expanded region that reaches beyond Syria? Is there more going on than we know or less?

On October 7 and the days that followed, the Biden Administration was sure that Israel was in such a panic that it would agree to anything, and they could force the Obama Middle East of a hegemonic Iran and a Palestinian state down Israel’s throats – and overthrow Netanyahu as an extra. None of those things happened.

Only a fool would predict what will be in a year, but what we have discussed above is one scenario no one would have considered even six months ago. The post WWII world looked nothing like the world of 1937, and the post WWIII world (the one we wrote about a year ago and may or may not have happened!) will look nothing like September 2023 – no matter how hard the UN yells and screams.

Could Israel and Azerbaijan be the keys to a realigned world?

It is against my nature to be optimistic, especially since Israel is still not done with Gaza, the hostages are not yet home and the internal politics are reaching levels that border on a soft coup.

However, while we don’t know where the aces are, we know that the Obama-Biden jokers are no longer in the deck.

Disclaimer: the views expressed in this opinion article are solely those of the author, and not necessarily the opinions reflected by angrymetatraders.com or its associated parties.

You can follow Ira Slomowitz via The Angry Demagogue on Substack https://iraslomowitz.substack.com/ 

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AMT Top Ten Miscellaneous Reckonings for the 8th of December

AMT Top Ten Miscellaneous Reckonings for the 8th of December

10. France Falls: President Macron’s leadership is in peril after his anointed Prime Minister, Michael Bernier, suffered a no confidence vote outcome. French politics and finances are in shambles. Life for French citizens goes on as their politicians battle for their jobs, supremacy of voice and egos. With the restoration and presentation publicly of Notre Dame Cathedral yesterday, Macron now has to find something else to divert attention away from his misappropriation of power.

9. 100,000: Bitcoin came within sight of the 104,000 USD vicinity this Thursday, then sunk with a rapid pace and challenged 92,000. Once again traversing near 100 grand, large BTC whales and MicroStrategy’s Michael Saylor and his cult of followers are likely celebrating. However, if the wind changes direction what kind of damage will the low tides create this time for Bitcoin and speculative leveraged positions? The price of BTC/USD as of this writing is near 99,500.

8. Al-Assad: The Syrian regime is apparently coming to an end after 50 plus years in power. Bashar al-Assad’s whereabouts are unknown. Russia, Iran and Hezbollah appear for the moment to be big losers in this power play. The many factions will now have to see if they can create a semblance of government, but that remains doubtful. Syria will be a quagmire in the coming months as its cauldron stirs.

7. Martial Law: South Korean President Yoon Suk Yeol startled Asia and foreign investors by declaring martial law this past week, making one of the worst political miscalculations in recent memory. Yoon was quickly forced to rescind the decision. The USD/KRW spiked and KOSPI Composite sank via the instability. However, the South Korean National Assembly has shown the ability to provide leadership and display power of law prevails, this as they try to calm their citizens concerns and investor sentiment.

6. Roasted: Coffee Arabica has boiled again and commodity’s price is fighting within apex levels. Like Cocoa, both Arabica and Robusta Coffee have surged the past year as large players have created a strangulated grip which suggests the markets may be ‘cornered’. While some analysts are quick to point out weather conditions as a reason for the higher prices, the tenacity of Coffee and Cocoa to sustain upwards momentum is intriguing but also suspicious.

5. FX and Data: U.S jobs numbers this Friday were marginally better than anticipated and the Average Hourly Earnings came in slightly above expectations. Economists from different schools of thought are debating the potential of recession and inflation concerns, versus those who believe growth, greater transparency of U.S fiscal mandates and elimination of a bloated budget will be achieved when Trump’s economic policies takeover. Globally Forex conditions are showing signs of fragility because of the threat of tariffs and trade concessions by nations which may need to be made. Yet, it is quite possible the ‘bad news’ consisting of accusations of unfair trade agreements by Trump, and the reactions which have been cooked into the EUR, GBP, JPY, ZAR, MXN, CAD, NZD and others is overdone. While there could certainly be more weakness in major global currencies paired against the USD, upside potential mid-term may be more positive compared to near-term drawdowns. Retail traders still face difficult technical perceptions in the days ahead because financial institutions also remain shaky regarding their outlooks.

4. Pardon Me Joe: President Biden has forgiven his son, Hunter Biden, for crimes known and unknown for an eleven year period – that is not a round number ladies and gentlemen, with a Presidential Pardon. Why 11 years? Why not 10 or 15? There is conjecture that Joe Biden is also considering preemptive pardons for people his administration feels may face the wrath of the incoming Trump White House. However, if pardons are given to the likes of Anthony Fauci, won’t the pardons awarded to those who have not been charged with a crime yet look like an admission of guilt?

3. Central Banks: The ECB will deliver their interest rate decision on the 12th and the Federal Reserve will announce their Fed Funds Rate on the 18th. Behavioral sentiment however is seemingly more focused on the threat of potential storms that could suddenly appear due to the Trump effect. The ECB and Fed are both expected to cut their interest rates by a quarter of a point, while it appears many financial institutions no longer believe the Fed will cut again in January.

2. Chinese Gold: Tucked away in the quiet corners of the business news has been the discovery of a massive gold ore deposit in China. Some geologists claim the Wangu gold field could have up to 1,100 tons of the precious metal. If correct and the amount of gold meets or exceeds the expectations of the experts, the question about this becoming a deflationary event for gold is intriguing but likely wrong. Importantly, the gold will be a long-term benefit for China and potentially create a stronger national currency via the Renminbi (China Yuan). Perhaps also solidifying the idea of using the reserve as part of the backbone for a potential BRICS ‘Unit’ currency if and when that day ever arrives. Gold closed at nearly 2633.00 USD per ounce before going into this weekend.

1. Trump Effect: WTI Crude Oil is around 66.78 USD as the promise of easier energy production for U.S companies has created the conviction of steady and less expensive supply. The USD remains in the stronger elements of its long-term Forex range, and folks betting against the strength of the USD need to remain cautious. BRICS has been warned about not infringing on the USD by Donald Trump, and some member nations of the organization have affirmed they do not seek a BRICS currency (yet). Tariffs have been threatened, but China has responded by showing it has the ability to create potential hinderances this week via a tough negotiation stance by threatening to stop export of rare earth metals to the U.S. Mexico and Canada have felt the verbal wrath of the President-elect already and started to react. All of this while Donald Trump still has six full weeks before taking power.

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The Oldest Hate: Why The Hague Needs to Convict Israel

The Oldest Hate: Why The Hague Needs to Convict Israel

Opinion: The following article is commentary and its views are solely those of the author. This article was first published the 14th of June via The Angry Demagogue.

The oldest hate is also the most frustrating hate – why is there antisemitism and why does it never end?  All the reasons to hate the Jews have been refuted by Jewish actions. We are filthy capitalists and then communists. We are separatists and then assimilationists. We are stateless and we have a state. The list goes on and on and we can come to the conclusion that there is no answer.

The late Lutheran Pastor turned Catholic Priest, Richard John Neuhaus said years ago – I paraphrase as I don’t remember the exact quite – if you don’t like Christian America, just wait until you get post-Christian America. No one can doubt that for centuries Christianity was the source of antisemitism in the European continent as Jews were the easy scapegoats to everything from the Plague to economic crashes. But with the dawn of the scientific age, Christian antisemitism lost its cache along with Christianity itself. What we are dealing with now is an antisemitism of the nihilists.

The nihilists are those anti-semites who, like the operettist Wagner and the philosophers Karl Marx and Voltaire started a trend that reached it climax with Nazi and Stalinist totalitarianism and has now made a comeback with a combination of Islamist and progressive ideologies which are all based on the glorification of violence and cruelty that we see in ISIS, Hamas, Fatah, Al-Qaeda and now manifesting itself in America’s great cities and universities. The question still remains – why do all of these seemingly contradictory ideas all converge in anti-semitism?  

The answer, it seems to me lies in exactly that one international body that was created in the wake of the actions of greatest and most horrible of anti-semitic regimes – the Nazi perpetrators of the Holocaust. The Western world – the modern Christian west, led by the United States, felt it needed laws of war and international bodies that would continue the work of the Nuremberg Trials and make sure all those who would perpetrate genocide would, eventually, be brought to justice. That these bodies have failed miserably is proven by the genocides in Rwanda and Cambodia, the mass murders going on in Sudan and other parts of Africa, the genocide, still ongoing of Sunni Muslims in Syria and the Chinese incarceration in concentration camps (and who knows what else?) of the Uyghurs. 

So why Israel? Why is Israel, why are the Jews the main enemies of the new nihilists?

The enemy is the moral code that the Bible brought into the world – a code that protected slaves from cruel behavior, a code that did not allow the rape of women captured in war, a code that limited the number of horses and wives a king could have, a code with laws of war. Maimonides, writing in the middle ages in Spain and then Egypt, has a whole section of his Code on the laws of kings and war.  Jews didn’t always follow the law and the books of Joshua and Judges are filled with difficult passages but the commandments were there, nonetheless.

Hugo Grotius, writing in the 16th and 17th century developed Just War theory based on Christian thinking and that has formed the basis of the international laws of warfare ever since. This certainly would not have happened without the Bible and the codes that followed it and this is what the nihilists hate most of all.  

Israel is at the heart of the progressive Western, radical Islamic, pan-Slavic and Communist revolt against the containment of violence, cruelty and bloodlust under the rubric of a higher moral law. Maybe it is true that man’s natural state is war, as Hobbes believed.  Maybe Heraclitus is right that “war is the father of us all and our king” and maybe as he continued, it “discloses who is godlike and who is but a man” but the Judeo-Christian tradition taught us that we need to overcome this nature and to live with a moral code that can overcome it and change what it means to be “godlike”.   

The “court” in the Hague represents that pagan and nihilistic outlook on life and the desire to return to a time where violence and cruelty is unregulated, where war can be fought without the rules that the Jews foisted onto mankind. Camille Paglia writes in her magnum oppose “Sexual Personae” that society is the “defense against nature’s power”. Without society and the moral and behavioral codes that make it up, Paglia writes, we would be” storm-tossed on the barbarous sea that is nature”.

Convicting Israel of violating the very laws it itself created will finally put an end to the “farce that is morality” according to the nihilists and return us to that “barbarous sea that is nature”. The destruction of Israel will allow the world to finally defeat that 3,000 year old code that we call the Judeo-Christian heritage that prohibits the nihilists from living as they wish. The Hague needs to convict Israel and the woke left along with radical Islam need to finish the job on the battlefield so that they can return to their beloved state of nature.

They hate the Jews now because we have provided them with the framework to be civilized and they hate civilization most of all.  

Israel will be convicted in the Hague because to find it innocent means the nihilists will be shackled to a morality that prevents them from cruelly murdering, raping and destroying as they please. It means that Hollywood will not be able to continue glorifying the dismemberment of children in their “realistic” crime dramas. It means the universities will have to teach of truth and beauty and not perpetuate the bloody ideologies it loves. It means that they will have to subordinate their beloved blood thirsty ideologies to that horrible bourgeois virtue, human kindness.

Disclaimer: the views expressed in this opinion article are solely those of the author, and not necessarily the opinions reflected by angrymetatraders.com or its associated parties.

You can follow Ira Slomowitz via The Angry Demagogue on Substack https://iraslomowitz.substack.com/

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Preventing WWIII: Part 2 – Reviving Western Deterrence

Preventing WWIII: Part 2 - Reviving Western Deterrence

Opinion: The following article is commentary and its views are solely those of the author.

Aggressive Western Action Can over-extend China and Revive Needed Deterrence.

Some cliches are just correct, in spite of their being cliches – “if you want peace, prepare for war” is one. But really it should be “if you want to avoid war, deter war”.

Therefore, it is not clear to me why there is opposition by some in the Republican party to fighting Russian aggression in Ukraine. For some, I guess it is a knee jerk reaction against Biden administration policy while for others it seems to be a general loathing of American involvement in the world. 

Each is understandable on its own but does not take into effect the appeasement of Russia will have on Western deterrence around the world – including in the Western hemisphere and the Indo-Pacific. While most Americans understand that Russian control of Ukraine threatens the main Western European countries, the key to Russian imperialism really is in the south. Historically, Russia has always tried to find a warm water port to call its own. For nearly four centuries Czarist Russia fought Ottoman Turkey so that Russia could expand its territory southward and have a warm water presence in the Mediterranean. Currently, a Ukrainian presence in the Black Sea denies Russia even the opportunity to pressure modern Turkey to abide its wishes.

A Russian victory in Ukraine would mean dominance of the Black Sea by the Russian Navy and directly challenge Turkey to appease Russian power by giving them free passage through the Dardanelles to the Mediterranean. That in itself would not be worth much to the Russians without a port in the Mediterranean, which they currently have. That they have one goes back to the disastrous decision by the Obama administration to invite Russia back into the Mideast in order to take care of Syrian chemical weapons. This came, we all remember, when the Syrians laughed at Obama and crossed his “red line” about using chemical weapons against its own people. We might also remember when then Secretary of State John Kerry (the one who was never right on a single foreign policy issue ever) who, first demanded that Syria turn over all chemical weapons in a week, then reassured them that even if we attack it will be “unbelievably small”.

In 1973-4, Henry Kissinger brilliantly took advantage of the Israeli-Arab War’s outcome with Israel’s surrounding the Egyptian 3rd Army in the south and controlling the road to Damascus in the north, by brokering a cease fire on both fronts. This led directly to the expulsion of Russia/Soviet Union from the Middle East. While Russia continued friendly ties with the murderous Assad family – first Hafez and then his son, Bashar, they did not have a military, air or naval presence there. Due to this longstanding relationship with Assad’s Syria, Obama and Kerry thought it a brilliant idea to have them come in and do the dirty work that they didn’t want to do – prevent Assad from gassing his own people. 

As Russia came in and established air and sea bases in Syria and introduced the infamous Wagner group to carry out its brutal ground operations, Russia slowly started to strengthen its position in the region. While slyly allowing Israel to attack Iranian arms shipments meant for Hezbollah while pretending to be its ally, Russia formed a close  relationship with Iran. Wagner, which fought hand in hand with Hezbollah in order to prop up the Assad regime (and attack American forces fighting ISIS) is now rumored to be training Hezbollah in the use of Russian anti-aircraft systems. 

In addition, reports last week that an Iranian Ilyushin 76 cargo jet has now landed in one of the Russian air-bases they established after Obama’s kind invitation to return to the Mideast. This plane, filled with Iranian arms destined for Hezbollah has been unable to land in regular Syrian airports or bases because Israel continuously puts them out of service. Knowing that Israel would never attack a Russian base – this is a safe haven that Russia gladly supplies. 

When free countries unite in warfare there is usually one joint goal  – that they are all united to defend freedom – that is why they fight together.  While autocratic and totalitarian regimes fight together it is usually a combination of a negative goal – disturbing or destroying the current world or regional order – as well as the goal for each power in itself. Currently, the joint goal in the Mideast (of Russia, China, Iran and North Korea) is to hurt the main ally of the US in the region – Israel, in order to weaken and embarrass the US. For Iranians, they also want Israel destroyed. For Russia, they want Israel weakened so they can replace the US as the power broker in the Mideast. For China, it is to dismantle America’s control of the flow of oil and, eventually, the replacement of the USD in the global economy with the Yuan.

Ukraine is important in this calculus because, as we said above it gives Russia complete control of the Black Sea and will pressure Turkey – whose NATO membership is uses only to its own advantage – to break permanently with the West. While the Chinese theory is that the two fronts the US is supplying arms to, Ukraine and the Mideast, are tying it down and expending its resources it would otherwise use in the Pacific, in truth, an aggressive strategy on both fronts would be to over-extend Russian and Chinese resources in order to keep China from moving on Tiawan. A credible threat of destruction or even marginalization of the Axis allies in the Mideast – including (besides the soon to be gone Hamas) Hezbollah, Shiite-Iranian proxies in Iraq and Syria, as well as Iran itself combined with a major offensive in Ukraine will tie down Axis resources and possibly prevent a Chinese blockade or attack on Taiwan.   If its two main allies need full supply and full readiness to be able to respond to credible and massive attacks by Ukraine, Israel and the US, China itself might have to expend resources to prop up its own allies. 

Add to that a major show of naval force in the Indo-Pacific by Japan, India, Australia and South Korea combined with US forces will give China the choice of destroying their own wavering economy by attacking or blockading Taiwan or in maintaining peaceful Pacific trade routes while trying to prevent the collapse of its Axis allies. 

An immediate and radical change in policy can restore Western deterrence quickly.   Re-arming Ukraine and leaving Israel to do its job without pressure to stop in Gaza and to respond forcefully in Lebanon will send a strong message. Biden brought two carrier groups to the Mideast and told Hezbollah, “don’t”. But they did.  

In spite  of that  US Secretary of Defense Austin told Israel that its response to Hezbollah aggression in the north is “provoking” them.  

And the US hesitates even against Iranian proxies. Just now, the NY Times has reported that Biden-Blinken have turned down a Pentagon plan to be more aggressive in response to Iranian attacks against US forces in Syria and Iraq for fear of “provoking Iran” (this seems to tell us that the Austin complaint from Austin to Israel is really from Blinken).  

Iran never seems to fear provoking the US.   

Israel fooled itself by thinking Hamas was deterred by its destruction of an arms factory or two (as the US is doing now in Iraq/Syria) when proper deterrence would have meant them knowing we can and will go into Gaza and destroy their underground city as Israel is doing now. Instead, media fear mongers, backed by Israeli ex-Generals on the payroll of the US progressive left (via cushy think-thank jobs) combined with policy directives by successive governments have told us and Hamas time and time again that Israel cannot destroy Hamas as the cost is too high. I don’t want to speak too early, but that seems to have been as wrong as their assurance that Hamas is deterred since they want to drink white wine in the evening overlooking the Mediterranean while watching their children play innocent video games.

It is time to stop calling for cease fires and repeating UN hypocrisy and to start being aggressive and provocative in the defense of freedom. 

Disclaimer: the views expressed in this opinion article are solely those of the author, and not necessarily the opinions reflected by angrymetatraders.com or its associated parties.

You can follow Ira Slomowitz via The Angry Demagogue on Substack https://iraslomowitz.substack.com/