this post was submitted on 10 Mar 2025
1 points (100.0% liked)

news

24012 readers
721 users here now

Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.

Rules:

-- PLEASE KEEP POST TITLES INFORMATIVE --

-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --

-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --

-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today/ . Twitter screenshots still need to be sourced or they will be removed --

-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--

-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--

-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --

-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --

founded 4 years ago
MODERATORS
 

Image is from Wikipedia's article on the war..


I've wanted to cover Myanmar for a while now but haven't had the needed knowledge to write much more than "This situation really sucks." After doing a little reading on the situation, I feel even more confused. A decent analogy is the Syrian Civil War, at least while Assad was in power (though it's still pretty true today) - many different opposition groups, some co-operating with the United States, others not. The main government supported partially by an anti-American superpower, but who could live with that government collapsing if there are deals to be made with the group coming into power. A conflict kept going and exploited at least partially by the United States and other imperial core powers, though with plenty of genuine domestic animosity and desires for political independence.

Recently, the Myanmar government - the mainstream media uses "junta", which is probably accurate despite the connotations - has promised elections at the end of 2025. This doesn't seem likely to happen, and even if it did, how this would work in a country as war-torn as Myanmar is unclear. The government is losing territory and soldiers at a quick pace; they now hold only 21% of the country, though that 21% does at least comprise many of the cities. It's difficult to get a handle on the number of people affected because civil wars and insurgencies have been ongoing in some shape or form for decades, but we're talking at least millions displaced and thousands of civilians killed.

Here's a comment by @TheGenderWitch@hexbear.net from fairly recently that covers the situation in Myanmar:

comment

The military government of Myanmar is losing to the Rebel Groups, and badly. https://www.voanews.com/a/myanmar-s-rebels-closing-in-around-junta-into-fifth-year-of-civil-war-/7958145.html

somethings really afoot though, news about myanmar from western outlets and channels have suddenly all remembered myanmar exists and written quite a lot about them in the last few days. Its suspicious, it could be capitalists trying to signal their want for US involvement in the civil war. It could also be a targeted propaganda campaign already pre planned in order to make sure people are clued into the conflict.

I think this seems to be another Assad situation. The Military government is pretty unpopular domestically and is losing quite a bit of ground. I would be surprised if they lasted to 2027. Supplied by both Russia and China, theyve been able to keep some flow of weapons, but are suffering a lot from manpower issues. Conscription has been enacted, but conscripts are a poor replacement for trained soldiers. According to reports, they only hold about 21% of the land and are losing lots of territory. They also have extended their emergency rule for another 6 months, throwing doubt on the ability to follow through with their 2025 election. They've lost large amounts of territory, thousands of soldiers, and 2 regional commands. They're not dead yet though, as they have some ability to retake some territory and win some battles, but again 21%. Rebels currently are making steady progress towards the second largest city in the country.

while I don't like the rebels, they are western aligned, they have popular support and are allied to many of Myanmar's ethnic minority defence groups. Im wondering who really has the power in this situation though, since many of the gains seem to be made by the Ethnic armies, not the NUG. This revolutionary energy could be fueled to establish a socialist federation, but won't, and the popular revolutionary energy is fueled toward the NUG. It'll probably be another pro-west bourgeoisie democracy. It will probably then turn against the ethnic rebels and we'll end up basically where myanmar was pre coup. Probably will have a strong military influence on politics as well, since the rebel forces seem to be made up of officers and very little political groups. By then, people will be extremely tired of war and more likely to accept any conflict resolution than another civil war. In the midst of "It Happened" stands a stronger, unmovable "nothing ever happens". Would be neat if the Communist Party of Burma could somehow come out on top, but they have only around 1000 soldiers and don't control a large amount of territory.

China's interests in the region are still secure, but siding with the Junta is a bad idea, one I understand though. China doesn't want a western aligned power to take over a china aligned state, and is trying to make sure their economic investments in the area are protected and their mineral income is continued. They have deep ties with many Ethnic Minority states, especially on their border, and the NUG forces, mostly again to protect infrastructure investments and keep the minerals flowing. They might flip back to the NUG as the Junta starts collapsing over the next year or so, especially since the new US administration seems to be really cutting back on foreign aid. The General in charge of the rebel government forces complained quite a bit about how much aid ukraine got and how much he wanted that aid. He was basically begging for anti aircraft systems "like in ukraine" lol. China could definitely swoop in and back the rebels, which while hurting their reputation, is probably the best move long term. China's only interest is to keep Myanmar from being pro-west, keep control of Myanmar's mineral flow, and protect other investments in the area.


Last week's thread is here.
The Imperialism Reading Group is here.

Please check out the HexAtlas!

The bulletins site is here. Currently not used.
The RSS feed is here. Also currently not used.

Israel-Palestine Conflict

If you have evidence of Israeli crimes and atrocities that you wish to preserve, there is a thread here in which to do so.

Sources on the fighting in Palestine against Israel. In general, CW for footage of battles, explosions, dead people, and so on:

UNRWA reports on Israel's destruction and siege of Gaza and the West Bank.

English-language Palestinian Marxist-Leninist twitter account. Alt here.
English-language twitter account that collates news.
Arab-language twitter account with videos and images of fighting.
English-language (with some Arab retweets) Twitter account based in Lebanon. - Telegram is @IbnRiad.
English-language Palestinian Twitter account which reports on news from the Resistance Axis. - Telegram is @EyesOnSouth.
English-language Twitter account in the same group as the previous two. - Telegram here.

English-language PalestineResist telegram channel.
More telegram channels here for those interested.

Russia-Ukraine Conflict

Examples of Ukrainian Nazis and fascists
Examples of racism/euro-centrism during the Russia-Ukraine conflict

Sources:

Defense Politics Asia's youtube channel and their map. Their youtube channel has substantially diminished in quality but the map is still useful.
Moon of Alabama, which tends to have interesting analysis. Avoid the comment section.
Understanding War and the Saker: reactionary sources that have occasional insights on the war.
Alexander Mercouris, who does daily videos on the conflict. While he is a reactionary and surrounds himself with likeminded people, his daily update videos are relatively brainworm-free and good if you don't want to follow Russian telegram channels to get news. He also co-hosts The Duran, which is more explicitly conservative, racist, sexist, transphobic, anti-communist, etc when guests are invited on, but is just about tolerable when it's just the two of them if you want a little more analysis.
Simplicius, who publishes on Substack. Like others, his political analysis should be soundly ignored, but his knowledge of weaponry and military strategy is generally quite good.
On the ground: Patrick Lancaster, an independent and very good journalist reporting in the warzone on the separatists' side.

Unedited videos of Russian/Ukrainian press conferences and speeches.

Pro-Russian Telegram Channels:

Again, CW for anti-LGBT and racist, sexist, etc speech, as well as combat footage.

https://t.me/aleksandr_skif ~ DPR's former Defense Minister and Colonel in the DPR's forces. Russian language.
https://t.me/Slavyangrad ~ A few different pro-Russian people gather frequent content for this channel (~100 posts per day), some socialist, but all socially reactionary. If you can only tolerate using one Russian telegram channel, I would recommend this one.
https://t.me/s/levigodman ~ Does daily update posts.
https://t.me/patricklancasternewstoday ~ Patrick Lancaster's telegram channel.
https://t.me/gonzowarr ~ A big Russian commentator.
https://t.me/rybar ~ One of, if not the, biggest Russian telegram channels focussing on the war out there. Actually quite balanced, maybe even pessimistic about Russia. Produces interesting and useful maps.
https://t.me/epoddubny ~ Russian language.
https://t.me/boris_rozhin ~ Russian language.
https://t.me/mod_russia_en ~ Russian Ministry of Defense. Does daily, if rather bland updates on the number of Ukrainians killed, etc. The figures appear to be approximately accurate; if you want, reduce all numbers by 25% as a 'propaganda tax', if you don't believe them. Does not cover everything, for obvious reasons, and virtually never details Russian losses.
https://t.me/UkraineHumanRightsAbuses ~ Pro-Russian, documents abuses that Ukraine commits.

Pro-Ukraine Telegram Channels:

Almost every Western media outlet.
https://discord.gg/projectowl ~ Pro-Ukrainian OSINT Discord.
https://t.me/ice_inii ~ Alleged Ukrainian account with a rather cynical take on the entire thing.


you are viewing a single comment's thread
view the rest of the comments
[–] plinky@hexbear.net 1 points 1 month ago* (last edited 1 month ago) (2 children)

Mildly interesting financial news: gold is growing to 3k, seems weird though, detached from other commodities and bitcoin. So no coherent explanation outside of paranoia of goldbugs i guess. Think iwas wrongo @GaveUp@hexbear.net

[–] Awoo@hexbear.net 1 points 1 month ago* (last edited 1 month ago)

Gold is used as a holding stock when funds pull their money out of other stocks they're worried about, they put it in gold instead.

Makes sense for it to go up while the rest of the market goes down so significantly, this is from money that was pulled out of the rest of the market.

[–] Sebrof@hexbear.net 1 points 1 month ago

A recent episode on Geopolitical Economy Report has Michael Hudson talking about the gold price increase: https://geopoliticaleconomy.com/2025/02/13/politics-gold-price-economist-michael-hudson/

Their argument is that there has indeed been demand for gold as an alternative asset to US Dollars or Treasury Bonds by national banks. And another aspect is among private buyers. The US has been lending out gold for years and there is now almost a "run on the banks" effect where people who want to hold gold are wondering if the gold is even on hand.

I've been slowly reading Shaikh's Capitalism and his chapters on Money. And, in addition to Hudson's above interview, it has me reconsidering my previously held view of gold as irrelevant. Even if it no longer serves as a medium of pricing or circulation, it still has function as a store of value and is some alternative to paper money.

Some excerpts from the Episode

I wrote my book Super Imperialism to say that [going off gold] is not going to interfere with the American empire, because if countries, central banks, governments can’t buy gold, they had only one big alternative at that time, and that was to buy dollars.

And how do they buy dollars? They buy US Treasury bonds... They put in their money and hold it in the form of US debt...

We’ve seen, in the last decades, the central banks have devoted a steady rise in the proportion of their reserves that they hold in gold, and proportionately less of their reserves in the form of U.S. dollars...

But other countries are not just recycling these dollars. They’re spending more and more of the dollars they get on gold, as a kind of safe haven for them: something that is solid.

Gold is an asset that doesn’t have a debt attached to it. If you hold a gold coin, or a gold bar, that’s a pure asset — no debt at all.

But if you hold a Treasury bond; that’s a debt, a debt of the United States. And if it’s a debt of the United States, it’s like your bank deposit is a debt of the bank to you. If the US goes under, like a bank goes under, or if it just refuses to pay, then you’re out. And there’s something ephemeral about all of this.

Suddenly, gold is more than just an investment vehicle. There have always been gold bugs who don’t understand, “How is it that the government can just print money? We don’t understand. We’re going to just try to buy gold, and there should still be the gold standard, like there was in the 19th century”. There are all these crazies on the right wing, libertarians, who don’t trust government.

But now we’re talking about demand not just from the crazies, but from regular funds that are looking at the trends, and they realize that there’s a pile-on effect that is occurring. Everybody suddenly is moving into gold....

Well, you’ve seen increasing pressure to create an alternative for the last decade or so... Other countries want to de-dollarize, and the United States fears, “What is going to be the alternative?”

Well, to some extent, we know they’re buying each other’s currencies.... But still, there is an idea that gold is a kind of asset that the whole world has been able to agree on, along with silver, for the last 3000 years, as the monetary base.

How are you going to get countries all over the world, from North America, to Europe, to Asia, all to agree on what to hold? Well, they’re trying to come up with an agreement now, and they realize that you can’t have a BRICS monetary system until you have a whole political integration of the BRICS. So that’s not going to be an alternative for right now. So countries have been buying gold

The last part of the interview is about the US and England leasing out gold to gold dealers. Both as a way of making money and a way to keep the price of gold down so it doesnr replace the US dollar as that store of value. But over the years, the lack of statistics on the amount of gold the US actually on hand has led to a run of sorts according to Hudson.