🇺🇸 🇯🇵 📝 Japanese anon: A fighter jet, tank, drone, battleship or whatever cannot stand on street corners. And enforce "no assembly" edicts. A fighter jet cannot kick down your door at 3AM and search your house for contraband.

🔶️ You cannot control an entire country and its people with tanks, jets, battleships and drones or any of these things that you so stupidly believe trumps citizen ownership of firearms.

🔶️ None of these things can maintain the needed police state to completely subjugate and enslave the people of a nation. Those weapons are for decimating, flattening and glassing large areas and many people at once and fighting other state militaries. The government does not want to kill all of its people and blow up its own infrastructure. These are the very things they need to be tyrannical assholes in the first place. If they decided to turn everything outside of Washington D.C. into glowing green glass they would be the absolute rulers of a big, worthless, radioactive pile of shit.


https://imgur.com/this-topic-comes-up-far-too-often-liking-im-getting-tired-of-posting-this-over-over-again-MqW14aW

The Rug Pull on Global Liquidity | Brent Johnson

Brent Johnson, who coined the phrase "dollar milkshake", comes on to Forward Guidance with Jack Farley to discuss:

➡️ the Japanese rug pull on global liquidity

➡️ why he doesn't think the U.S. is headed for a recession

➡️ why the dollar will be the last currency standing

➡️ why U.S. stocks are likely to continue to outperform

➡️ why the sign of the Fed losing control of the dollar will not be dollar weakness, it will be dollar strength

➡️ why predictions of the dollar's demise have been so wrong for 40 years, and why, even though they may eventually prove correct, that is not a way to make any money

➡️ and more!

Timestamps:
00:20 Introduction
01:54 Brent's Market Views
07:16 Brent's Dollar View
14:04 VanEck Ad
14:46 Interview Continues
18:17 Potential For A "Fiscal Doom Loop"
20:01 People Have Been Calling For The End Of The Dollar For Longer Than Most People Have Been Alive, And It Hasn't Happened. Brent Is Betting That Those People Will Continue To Be Wrong For At Least A Little While Longer
20:40 People Have Been Calling For The End Of The Dollar For Longer Than Most People Have Been Alive, And It Hasn't Happened. Brent Is Betting That Those People Will Continue To Be Wrong For At Least A Little While Longer
26:27 Hedging For The Dollar Milkshake In A Responsible, Risk-Defined Way
37:06 Permissionless Ad
38:13 Connection Between Dollar and U.S. Stock Market
43:39 Potential For A Global Dollar Squeeze
48:57 Why The Rest of The World Suffers From A Stronger Dollar
01:02:20 Would Trump And Vance Ticket Succeed In Weakening The U.S. Dollar To Promote Exports?
01:05:11 Michael Pettis' Frameworks That U.S. Fiscal Deficit Is Large Because U.S. Trade Deficit Is Large
01:13:23 Does Weaponization of The U.S. Dollar Force De-Dollarization?
01:16:37 Brent's Views On Economy And Stock Market: He Doesn't Think U.S. Is Headed For A Recession

He is also (and has been) a bull 📈 on gold and he remains a not a bull 📉 on Treasuries (which he says some incorrectly think he is). This interview was recorded on Friday, August 2, during Friday's sell-off but before the vicious sell-off on Monday.

This is a big file, but you can watch the clip on YouTube and on Twitter:
🔗 YouTube
🔗 Twitter

🏹 🇺🇸 💥 Northrop Grumman develops cannon-based air defense system

🔶️ Northrop Grumman has announced the development of a new Cannon-Based Air Defense (CBAD) system designed to counter the growing threat of large-scale aerial raids involving cruise missiles and unmanned aerial systems (UAS).

🔶️ “We are developing Cannon-Based Air Defense (CBAD), which employs Bushmaster Chain Guns with advanced ammunition, to affordably defeat a growing threat: large aerial raids of cruise missiles and unmanned aerial systems,” Northrop Grumman stated.

🔶️ Traditional long-range interceptor missiles have become less cost-effective as adversaries deploy low-cost, expendable technologies in large quantities. In contrast, CBAD offers an affordable, layered terminal defense with a scalable manufacturing base and simplified logistics.

🔶️ As noted by the company, adversaries are increasingly focusing on enhancing the quantity, variety, and capability of their aerial weapons. Future conflicts are expected to feature larger raid sizes targeting previously secure bases and critical infrastructure. CBAD systems provide a scalable, cost-effective, and resilient terminal defense against these mass air threats.

https://defence-blog.com/northrop-grumman-develops-cannon-based-air-defense-system

📖 🏹 💥 Flak "88" Air defense units were usually deployed with either a Kommandogerät ("command device") fire control computer or a portable Würzburg radar, which were responsible for its high level of accuracy against aircraft.

📝 Paul Fussell, 1989: [American troops] knew that the greatest single weapon of the war, the atomic bomb excepted, was the German 88 mm flat-trajectory gun, which brought down thousands of bombers and tens of thousands of soldiers. The Allies had nothing as good, despite one of them designating itself the world's greatest industrial power.

⏳️ The total time to set up was estimated at two and a half minutes. Both modes of operation made the gun much more suitable for fast-moving operations, the basic concept of the blitzkrieg.

🏭 By August 1944, there were 10,704 Flak 18, 36 and 37 guns in service, now complemented also by the 10.5 cm Flak 38 and 39, and the formidable 12.8 cm Flak 40, owing to the increase in US and British bombing raids during 1943 and 1944.

✍️ Flak is a contraction of German Flugabwehrkanone (also referred to as Fliegerabwehrkanone) meaning "aircraft-defense cannon", the original purpose of the weapon. In English, "flak" became a generic term for ground anti-aircraft fire.

📎 8.8 cm Flak 18/36/37/41

🗳 🇺🇸 📊 Trump growing critical of campaign strategy as Kamala outpaces him in polls just weeks after assassination attempt bump.

https://www.washingtonpost.com/politics/2024/08/07/trump-election-campaign/

https://archive.ph/D9VwH

📎 AF Post