Daily review 13/06/2022

Written By: - Date published: 5:30 pm, June 13th, 2022 - 22 comments
Categories: Daily review - Tags:

Daily review is also your post.

This provides Standardistas the opportunity to review events of the day.

The usual rules of good behaviour apply (see the Policy).

Don’t forget to be kind to each other …

22 comments on “Daily review 13/06/2022 ”

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  1. joe90 1
    13 June 2022 at 6:22 pm

    Imperialism – cultural genocide.

    A specialist gang is smuggling valuable historic artefacts out of Ukraine and into Russia, according to an international team of academics and digital technology experts who are tracking thefts.

    “There is now very strong evidence this is a purposive Russian move, with specific paintings and ornaments targeted and taken out to Russia,” said Brian Daniels, an anthropologist working with archaeologists, historians and digital imaging specialists.

    […]

    The trail of thefts focuses heavily on precious Scythian gold. These are high-worth ancient filigree pieces, often depicting animals. They were produced by tribes of the area of central Asia and eastern Europe once known as Scythia.

    Daniels told the Observer that it was hard to know if the monetary value was the most important factor for the Russians, or whether the objects were chosen for their cultural significance. “There is a possibility it is all part of undermining the identity of Ukraine as a separate country by implying legitimate Russian ownership of all their exhibits.

    https://www.theguardian.com/world/2022/jun/12/specialist-gang-targeting-ukrainian-treasures-for-removal-to-russia

    Gosfond (Russian: Госфонд, lit. State Fund) was a Soviet Trophy Brigade otherwise known as the State Agency for Literature formed in late 1944 by Georgy Malenkov on Stalin's orders. It was one of a number of war committees formed by the Soviet Union during the Vistula–Oder Offensive and tasked with appropriating foreign factories, manufactured goods, raw materials, livestock, farm machinery, fertilizer, crops, laboratories, libraries, museums, scientific archives from all of Soviet occupied Eastern Europe, and forcible relocations of (mostly German) engineers and scientists.

    https://en.wikipedia.org/wiki/Gosfond

    • In Vino 1.1
      13 June 2022 at 7:58 pm

      Quelle surprise! The nasty Russians are doing nasty things again.

      Why am I getting slightly bored by all this?

  2. Poission 2
    13 June 2022 at 7:00 pm

    Wholesale bank yields on 10 yr government stock passed through the 4.00% barrier today having moved nearly .5% in the last 10 days.

    Large adjustments coming to mortgage rates with 2 and 10 needing to rise to around 6 and 6.5%.

    Cpi for food and rental tomorrow and gdp wednesday (along with US fed hike) Superfunds getting wacked on bourse depreciation as ESG stocks get hammered.Significant housing sector correction needed to constrain further price hikes in ocr.

    https://www.rbnz.govt.nz/statistics/series/exchange-and-interest-rates/wholesale-interest-rates

  3. joe90 3
    13 June 2022 at 7:23 pm

    Draconian lock-downs make sense if you want to restrict people's access to their funds.

    There’s a run on Chinese banks and it’s being ignored by the world

    […]

    “Return our money” the Evergrande protestors chanted at Evergrande headquarters in Shenzhen in 2021.

    The song book is eerily similar at bank branches in a number of China’s rural provinces right now.

    Multiple sources contacted by Asia Markets, have confirmed deposits at the following six banks have been frozen since mid-April.

    • Yuzhou Xinminsheng Village Bank (located in Xuchang City, Henan Province)
    • Zhecheng Huanghuai Bank (City of Shangqui, Henan Province)
    • Shangcai Huimin Rural Bank (Zhumadian City, Henan Province)
    • New Oriental Village Bank (City of Kaifeng, Henan Province)
    • Huaihe River Village Bank (Bengbu City, Anhui Province)
    • Yixian County Village Bank (Huangshan City, Anhui Province)

    It’s understood the banks with branches across the Henan and Anhui Provinces successively issued announcements in April, stating they would suspend online banking and mobile banking services due to a system upgrade.

    At the same time, clients reported their electronic deposits in online accounts, mobile apps and third-party platforms could not be withdrawn.

    This led to depositors rushing to local bank branches, only to be told they were unable to withdraw funds.

    By late May, images emerged on Chinese social media of demonstrations at the front of numerous bank branches. Asia Markets has verified these images with local contacts.

    […]

    Blogger, Jennifer Zeng, has reported major issues with withdrawing cash from banks in Shanghai in recent days. The uncertainty no doubt exacerbated by the prospect of more lockdowns as COVID cases again spike.

    “All banks in Shanghai have restricted depositors from withdrawing money… A bank run is about to sweep China,” she said.

    https://www.asiamarkets.com/chinese-banks-run/

  6. swordfish 6
    13 June 2022 at 11:00 pm

    .

    Longtime Leftie & Trade Unionist Matt McCarten hits the nail squarely on the head

    🎯

    re: the purity spirals, moral panics and crude control-freak zealotry indulged in by affluent middle class professional Woke elites (and their compliant fellow-travellers) who have largely captured the core organisations of the political Left along with segments of the media & the broader cultural discourse.

    [adroitly reinforced, I might add, by every pompous, self-righteous Identitarian's least favourite media commentator Sean Plunket]

    https://youtu.be/o6kQujH1xhE?t=3334

    • RedLogix 6.1
      13 June 2022 at 11:16 pm

      Well for what it is worth I have been fighting against it since forever. Hell if anyone who was here back in the day when CV was driven out for saying exactly this a lot too loudly – should give some pause for reflection.

      My objection was not so much based in any sophisticated political analysis – it was rather a profound sense of the divisiveness this woke cultism invoked in whatever it touched.

    • Ad 6.2
      14 June 2022 at 3:49 am

      McCarten's opinion would be credible if he weren't the face of a receding part of a dying movement in which 'working people' had no identity but to work.

      The most successful politician of our age is a person who got there doing nothing, head of a movement of young idealists who did nothing other than talk about their ideals, had very little political experience, and rose propped up on a froth of multiple faction identities … and is a superior communicator.

      Why these old guys don't get that the remaining left is precisely a froth of young little identities, propped up by bourgeois donors and superannuitants, is because they are reduced to communicating on obscure radio with other old guys.

      Clearly it's a mystery to them.

      • roblogic 6.2.1
        14 June 2022 at 7:27 am

        🔥 Hot take Ad, but it rings true. There is still class consciousness in Labour/ Green but it's obscured a bit by all the contemporary trivia that dominates the news

      • RedLogix 6.2.2
        14 June 2022 at 9:19 am

        The most notable positive characteristic of Maori society is the respect given to their elders. They get listened to not necessarily because they are smarter or better informed – but for the simple and yet profound reason that years of life tends to accumulate ethical and spiritual wisdom.

        By direct contrast western culture is horribly bogged in a materialist swamp, that wants to measure the value of people mainly by youth, good looks, IQ, physical and social prowess and wealth alone. And then we wonder why for all our modernist achievements we keep pissing them up against the wall of idiot mistakes and unwise folly.

        • Ad 6.2.2.1
          14 June 2022 at 9:23 am

          Well crapola now I have to do a post defending how good and important being Woke is (stretches hands over head, neck flex).