Alabama barks at the moon

The fault is not in the stars that White Man howl at the moon cursing nightly, it is in themselves that they are just underling dogs.

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What’s with this White Man’s obsessive penchant to prove himself superior to the Chinese, to the rest of the world?

Worse than lying to their audiences, the news, the chatterbox and the YouTube headlines that each make money out of every click, they misinform on the information and data they broadcast and publish. Most information and data don’t lie; they don’t have to.

Here’s an example. To the question, “What is the dollar share of global financial transactions?” data from the Bank of International Settlements (BIS) provides a very consistent answer over the years: around 88 percent.

Instantly, this shuts down any and all claims that “dedollarization” is happening across the world. Airy, gaseous terms like “dedollarization” are themselves false when further used to buttress inane YouTube talking head claims of “American decline.”

The BIS number of 88 percent is unshakeable until you asked what is the composition of the trade that the number measures against?

The answer is well known to economists: trade in goods and services. But look beyond the word trade or, better yet, trade in services. This is because, within services, is a persistent, trajectory rise in dollar-denominated transactions of derivative financial instruments of all kinds, most commonly known by their initials as MBS (mortgage-backed securities), CDO (collaterized debt obligations).

Outside these are the derivatives trades more international in scope. Collectively they are called forward and futures contracts held over trade of currencies, precious metals (gold and silver) and commodities (the like of grain, copper, beef).

In 2001, BIS recorded US$100 trillion for the total of these dollar derivative trades. In Dec 2007, just a six-year difference, those trades had risen to US$681 trillion, an implausible number, yet factually true, even though world total GDP that year was just US$58.5 trillion, US$110.9 trillion in 2024 (chart on top).

It is implausible because, if GDP is the total currency measure of all goods and services produced in a single period, how can a sub-sector as trade in derivatives be almost seven times bigger?

Yet the number is factual and on record.

If factual then, against this phenomenal growth in the underlying denominator, i.e. dollar derivatives, the 88 percent dollar share in global settlements begins to look false. Once derivatives, which are just paper transactions that produces nothing tangible, are taken off of trade composition, then the dollar share will have to crash.

The only question left to answer is, how much remains.

It won’t be much since actual GDP output is seven times less than the dollar volume in derivative transactions. Does that prove dedollarization? Which is a stupid question to ask because derivatives existed some two or three decades before dedollarization (by BRICS or whoever) became vogue.

Reflecting on the same matter — which is, establishing an underlying empirical truth — is another commonly talked issue: Who is the big power, the stronger and the bigger of two between Country A and B.

We take this case from Moon of Alabama whose answer to the question reframed goes like this: “Who of the two, Russia and China, has all the stuff that is needed for a modern life?”

Alabama supplies the answer in two parts.

• Part 1: The country with all the “energy, minerals, commodities, foodstuff plus the abilities to retrieve and process all of them into useful products.” On that basis, therefore, Russia is bigger than China that “mostly import these things through rather fragile sea routes.”

• Part 2 uses income per head on purchase power parity, PPP, basis. With that, with Russia's GDP per capita in 2022 at US$31,962 while China stood at US$21,291, then Russia is the stronger.

Alabama’s Part 2 answer is easily stamped out, like it’s shit on a sidewalk.

Just look at the comparative charts below, which uses World Bank data on current exchange rates brought up to date to 2025. Make a guess, which of the two chart is Russia or China?

More interestingly is why, writing in 2026 March, (this date, as pointed out by paul, is wrong; it’s 2023 March) had Alabama use 2022 PPP data? and not say 2024 or 2025?

The answer is suggested in the same graphs: the Russian rouble, fluctuating year to year, is not a stable currency unlike the Chinese Rmb. Against the Dollar, the rouble crashed in 2022, turning to rubble.

In practical terms that rouble exchange crash allowed each Dollar to simply buy more goods in 2022. Or, using the same exchange conversion in PPP terms, Russia looked to have produced a GDP per head three times its nominal exchange rate GDP of US$10,500 per head — a number less than China’s US$11,500.

Alabama wasn’t wrong when framing his GDP numbers in PPP terms. Like BIS, that Alabama motherf**ker just knew how to lie about it.

Knowing how to lie harks back to Alabama’s question: “Who of two, Russia and China, is the bigger and stronger?” To get the answer he wants, he had to pick on the thing — a poor performing financial year at that — to satisfy his racist bigotry.

This need to lie is, inversely, also a need to suppress information, like BIS did. But it would be exposed however if he simply put up the two charts below showing a pattern over 10 years. But the truthful way, by demonstrating context of trajectory, is not what Alabama seeks.

Like BIS, Alabama also relies on gaseous, woolly terms — “these things,” “abilities to retrieve and process” them and “useful products” — as substitutes for empirical data. Unlike BIS, however, there’s not a single specific term, not to mention a number of measure.

What “useful products” is Alabama talking about? Like cars that it imports from China, previously Europe? Or, like oil and gas that it “retrieves” — then sell to China — for its US$31,962 in terms of 2022 PPP income or about US$10,000 in current rate of exchange? Which is also to say if Russia doesn’t sell that which it “retrieves,” it won’t be getting its US$31,962.

Alabama conducting himself as a motherf**ker stares into your face!

Back then to Alabama’s question-and-answer: Who, between Russia and China, is the bigger power, having “all the stuff” that makes modern life possible. All the stuff? Without imports, Russians can’t even make a toilet bowl so Alabama can have a shit especially in winter.

The moral of the story is this: White Motherf**kers like Moon of Alabama are not interested in empirical truths to conduct their lives and negotiate through this world. They rather make up stories just to show how their race is cleverer, smarter and the stronger than the rest of the world (and Chinese), the supreme White race chosen by god.

In BIS, they regularly churn out information and data that obscures and obfuscates the same facts rather than illuminates so as not unsettle the “America still leads” myth. This is explained in the video below, which is both interesting and very good!

The fault is not in the stars that White people look up at the moon howling and cursing nightly, the fault is in themselves — backed by their White audiences — none of who could ever see themselves as underling dogs.

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