18 Replies to “The Bigger Picture”

  1. Sort of related. Remember how all insurance companies decided to not cover any claims due to ‘civil unrest’ on your home or auto insurance after 9/11? I’m sure most didn’t, but it happened. This decline is on purpose and planned, the more Trump can disrupt, the better.

  2. I agree with what she’s saying, especially regarding PM Marx Carnage being on the outside (near to 9.40 in the video) … I wouldn’t trust PM MC on any issues, or any of the 5 responses he gave to the US / Israel attack on Iran, not only on policy, but also because I wouldn’t trust him to keep his mouth shut.
    I think London’s The City will trade on any front regardless of where the money originates from. If they get their knuckles rapped over it, it’s simply a cost of doing business like money laundering is to Canadian banks.

    I applaud the USA and Israel’s stance on Iran, and watch out for PM MC making a move on rebuilding Iran after the work is done through his contacts at Brookfield … just like everything he touches. Think of him more as Brookfield’s representative in Canada’s Gov’t more than Canada’s PM who used to be involved with Brookfield.

    And where is the new leader holy crap I can’t even be bothered to look up the new one, what’s he afraid of? Some chatter on X/Twitter that he may have been tagged a bit already by the Israelis
    Come out and play!!!

    https://www.youtube.com/watch?v=1jOk8dk-qaU

  3. Lots of variables here, what can we confirm.
    Crude stabilized after talking to putin and lifting sanctions
    Trump underwriting liability to shipping
    Carney a globalist, ties to England. If anyone thinks Carney is here for Canada, get your head out of backside.
    Carney not in the room, and his statement we are waiting, who is waiting ?

    This will be an interesting year!

    1. I’m running some small equipment and have had cause to purchase 5 gal. of gasoline at the only independently owned gas station here in my overpriced town this past week. I bought 5 gal. last Sunday, and 5 gal. today.

      Last Sunday: $4.89/gal (it was $4.19/gal. at COSTCO … but too far to drive and hassle)
      Today: $5.49/gal.

      The rest of the town is > $5.69/gal.

      How did the price of the gasoline in this small operators underground tanks spike in price +$0.60/gal. in 3 days? It’s the same gasoline. In the same underground tank. This is called price gouging. Many States have laws against this. California does … but only during an officially declared state of emergency. Surely there is a state of emergency or two going on in this State at the moment? Yeah … the men who operate this independent gasoline station look to be Iranian … or Iranian sympathizers. I’m done with that station. Forever.

      1. Part of the problem for California isn’t this military operation; it’s your corrupt and moronic governor shutting down refining capabilities in your state (which will affect the other southwestern states). This just came at a good time for him to try and shift the blame.
        And of course there’s going to be gouging (or fixing if you will). The blue state governors will look the other way at it since it serves their political purpose.

    1. everything is in flux now kj. your assesment is spot on.
      l have followed politics since early 60s and studied history ever since, plus l have an ‘ear’ to
      The Good Book which l look at as an overall rough guide to ‘why did that happen and whats next’
      l do NOT pretend to be an adamant expert at interpretation.
      l never would have dreamed that one day ol’ rule britannia would come under suspicion and doubt as far as loyalties and who’s in charge. buuuuut when the monarch goes ‘soft’ on muslims, who are clearly and certainly in some quarters bent on ‘taking over’, one wonders the ‘wisdom’ of saddling up to them. didja hear that charlie?
      hint: google ‘king charles and muslims’
      likewise the now ‘post national state’ of Canaduh, l cant see things going ‘back to where they were’ in my youth and middle age. my knowledge of the ‘unwritten rules’ of political change informs THAT view. crikey, take a look at the slime that just got exposed with the family members of the latest LIEberal mp, the floor walker. that took what, less than a week? ffffffffffuuuuu…. and family members of former LIEberals scooping 1/4 billion in resource development? ffffffuuuuuu……
      its going to be a sad and at times dangerous time out there, lm kinda ‘disengaging’ having permanently quit part time university courses (fostered out of great thirst for knowledge and an affinity to the lecture hall). nowadays there’s nothing there for me, its a minefield of political correctness. being autistic and lacking sometimes just a modicum of ‘social skills’ l concluded 4 years ago the gig was up and left that venue forever. besides my boy sired a bunch of beautiful puppies l immediately made that situation priority #1.
      God Bless you sir you bring a great deal of common sense to SDA and l ‘sense’ we some common experiences and viewpoints. notwithstanding my occasion dabbling in a ‘diff’rent manner of ‘spressing t’ings’ LOL

    2. Our people are Americans, not British. And were they ever really our allies? Or was the special relationship always a touch one sided?
      I put up an article concerning the IRGC and the drug/human/arms trafficking trade — we already know that many of the banks in Europe/UK (and its Commonwealth…cough, Canada, Australia) have been profiting off of that trade estimates are around 40% (losing that could be catastrophic, now wouldn’t it?). We’ve known about this for over a decade (I don’t know why anyone would be surprised: Opium Wars anyone? How much of the last 70 odd years of Iran have been about BP and then the trusts related to Iranian oil keeping profit flow? Who drew the lines on the map in the Middle East and set this whole ball a rolling?).

      Like I said weeks ago: watch gold (who sets the global gold price, silver too?)

      1. Jane, when I call the British “our people” I refer to the founding of our nation. I refer to the British as our original progenitors. As in Britain is where “our people” and our nation originated. From where our forefathers used the Magna Carta as the template for our own US Constitution. We are forever connected in that way.

        Keir Starmer believes he is Hugh Grant in that Christmas movie when the Hollywooden version of a British PM stood up to a crass and bullying US President. Yes, this is a nonsensical, trivial, comment lacking intellectual depth … until you stand back and observe that is EXACTLY what Starmer is acting-out. He believes he’ll become a beloved hero for standing up to a crass, bullying [sic] President Trump.

        Oh yeah … and Starmer is protecting all the illicit banking of criminals too!

        1. The connection was broken when they didn’t uphold the Magna Carta, which was what our founders wanted and asked them to do. Since our revolution due to their refusal of the law that they made, we were no longer of them, but of ourselves.
          They have been banking on our sentimentality (and those they could corrupt) all this time, but it should always be remembered that they (their ruling elites to be exact) willingly chose to turn their backs upon their own law. They’ve been doing it ever since. Rest assured the British ruling class stopped caring about the people under their control, stopped caring about their own people long ago; they don’t even care for the land under their feet nor their own culture anymore — post-national, sovereign only to their own selves and whatever they fancy and/or desire (this is the true nature of things like Epstein by the way).
          We owe them nothing; they are beholden for much.

  5. Just a couple of points, people keep saying that Loyd’s canceled insurance for the Persian gulf. They didn’t cancel it, but they did raise the premiums. Other insurers cancelled their contracts. Trump and his team are clever but they can’t think of everything the Iranians will do, they’re not depraved enough to think like the mullahs. Trump will stumble, but he will also pick himself up and keep going. The question is, will this be over before the world starts running short of oil.

    1. Happy to see someone got here first, re: her comments on Lloyd’s. Griffin316 is exactly correct.

      From what she says, I have to say that she does not appear to know what she is talking about. Lloyd’s is not a company and does not insure anything; it is a market for underwriters and in particular re-insurance. The underwriting syndicates (separate companies, and others from across the re-insurance world with desks on the trading floor) insure things; some of them specialize in maritime risks; and most of them take shares of other’s risks to hedge against one disaster sinking any one syndicate. It is a big, very complicated, and critically vital business; much of the money behind the underwriting is, in fact, American. Lloyd’s as a market and the maritime syndicates have done none of what she ascribes to them. High risk is their business and coverage is available; at a price. The insurance (really re-insurance) that was pulled is mostly what are known as the P&O Clubs; an alternate market backed by the shipping industry itself; used by companies who, to put it politely, don’t want to pay real rates for real insurance and have designed a scheme that gives them the illusion of coverage while funneling most of the premium charged out to customers back to themselves. What this exposed is just how poorly these were reserved against paying out for losses: they could not afford to take any hits and ran for cover.

      Trump’s plan to offer insurance better have lots of guard rails, or else it runs a serious risk of insuring a bunch of old rust buckets that suddenly have a run of total loss claims. That is a bit of hyperbole, as the rest of her hooks are similarly tenuous. Ship owners and crews will not sail into narrow waters and the teeth of war. All the promises of protection and compensation need to find the conviction that they are real; I don’t see that yet. And, much as I would like too, I don’t see the cunning master plan she believes in. I would add that the same issues arise in Venezuela: oil companies are not rushing in because they are still out too much money from last time; the leader may be gone but the same government is still in charge. Whatever promises the US government has made do not make up for the risk that they are wasting their money and time (billions of dollars; scarce manpower and other resources and it will take years to ramp things up. That is a gamble; not a business plan. The observant will see the parallel to what is going on here in Western Canada with Mr Carney’s qualified promises of change.

      I don’t pretend to know for certain, but my read of all the industry news is that the world does not have as much “extra” oil (or natural gas; or refined product – particularly JP-8) as was thought. She is right about Russian oil: but it has always been there; hiding behind being re-labeled as from a gulf state; or Indian; or Chinese; and what will happen now is that it will come out of disguise and the Russians will get better pricing; but it will not add to supply. The disruption to the logistics of getting energy to the markets that rely on it is already more severe than any quick end to the fireworks could make good, and this is not good for most of the world. It might have been good for Western Canada; but then we don’t have any more pipeline or rail line capacity (which, by the way will also be overwhelmed with grain and potash shipments as these too are threatened), so will continue to be a sad backwater. Eastern Canada and the West coast, which depend say-by-day on imports of refined product – often (almost exclusively for BC) through the USA may suffer much more than anyone expects.

      And I don’t think that things are going to quiet down at all. If we had a real government in Ottawa, it would be doing something about this now; but we don’t, and it is not.

  7. Interesting. I did mention that article a few days ago — something happened. And glad someone else picked up on that Bloomberg article — definitely interesting.
    By the way, to some above: Lloyd’s did pull policies and up the rates significantly:
    https://www.theguardian.com/business/2026/mar/11/lloyds-of-london-insurance-shipping-strait-of-hormuz-us-israel-iran
    That tends to put a chill on shipping. As to whose paying for them — whoever issued the insurance for them. Odd thing is that one of them was chartered to an Iraqi firm and a second was attacked in Iraqi territorial waters. Iraq has been a friendly neutral to Iran for some time now.

    Not sure about the particulars, but the new ayatollah is rumored to be in a coma after the attack that took out his father; he may not be alive; he may be in a coma; he may be only injured (although the first two are more likely, as they have the ability to broadcast from a bunker, so it would behoove them to get him addressing the masses as it were…if he can). The IRGC has always essentially run things in Iran; the mullahs are just the syrup on the sundae, and the president is simply a yes man. However, the IRGC leadership has not been having a good fortnight, probably down to the 3rd, maybe 4th tier by tonight.

  8. So…interesting catch Robert, thanks. I’ve checked out a few of their offerings. Definitely a pov we don’t often see (and why is that?); they’re fairly correct about the history of some things and that makes them worth a follow (certainly more worthwhile than many). Trying to predict what will happen is a tough guess.
    Although the Israelis started limited commercial flights resuming out of Ben Gurion last weekend — that should be a tell. Also, Lavrov is the only one the Kremlin has sent out to scream and wail…Lavrov hasn’t been invited to all the inner circle meetings as of late, since the Alaska summit really…and that’s probably a tell.

    Oh by the way folks: what if China isn’t the real enemy? Not the major one?
    Got banned from CTH for saying that one years ago…lol!

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