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Drug pushers are so 20th century.
Debt pushers are so much cooler
Hey, kid, have some money...you know you want it....it'll make you feel cool, strong, invincible! All the other kids will drool....and that hot chick will want you....go on, whaddya got to lose? The first loan is on me .......till Tuesday....
How long until Hungary, Romania, Moldava, Estonia, Slovakia and Bulgaria get the 'ol Russian bailout? Only Poland and the Czech Republic will escape being sucked back into the Iron Curtain - can you say Comecon Countries? Can't really use Warsaw Pact if Poland doesn't go back in.
That's the plan, buried somewhere deep inside the Kremlin.....Operation Moscow Phoenix
and Putin is the man who can pull it off...
John Maudlin has a piece from last week about 'Visegard' the Polish 'Nato'. It talks about how lines are being drawn in Eastern Europe. He gets it from Stratfor.
~ Linda Green
Polish Ambasador to Danzig
BOA Senior VP
Important developement in world's largest (Banana) Democracy.
A must for people who want to develop the right perception of India. The developments of the last 24 hours have been phenomenal to say the least. There are huge repercussions for the political stability of India.
Background - A yoga guru will hundreads of millions of followers took up a fast until death against corruption in India. Across the country millions joined. The corrupt Governtment got nervous and attacked the peaceful gathering in the middle of night.
Surely one can expect markets to be jittery when they open tomorrow!!
Tyler it would be great if you could put some more light on the stories.
You can get more info here!!
now you see where the new empires will emerge : the Russia/Germany/Turkey axis that will solidify around Russia's gas reservoir. As for PIGS and Bella....they are toast and part of slave empire of the new oligarchic europe. We see how the Oligarchy will now move to proscribe civil liberties by financial means rather than war!
See the new paradigm as it emerges...
My thinking is there will be no first and third worlds, only one big second world where the US, Japan, and Europe share their lush lifestyles that they created on the back of worthless fiat currencie with the rest.
FWIW The notion of "worlds" applies to economy... First is Capitalist, second is Communist, and third world is unaffiliated with either bloc. Technically there hasn't been a "world" structure since China flipped to capitalism, bastardized though it is. Third world at this point is just slang for poor, or IMF/WB bitch. At any rate...
Back in the USSR!
More likely the USCR.
They have found capitalism to be a bit more sustainable than communism, at least, when practiced (rather than simply preached, as in the US these days).
Iam sure you ment corporatism being more stable then communism and still benefitting the same group of people. In my opinion this soap has nothing to do with capitalism. Capitalism, brrr having to take the losses yourself instead of being able to socialise them. Horror, a governement (aka the enforcer) having to live within its means and so on.
actually is equally fucked up as communism. Happened before like the Great depression.
You know why FDR did all those socialist things and arrested banksters.
I bet on the USOR, the United Soviet Oil Recipients.
Wow.... Everyone is going to have to print a lot more money to help with the bailouts..
Piles and piles of worthless cash....what does the fox see in the chicken coop that looks yummmy?
It's funny that you blame Germany for annexing Greece, which is a blatant lie.
Not only is it not Germany, but German banks,
not only is it not only German banks, but also French and British banks, who, interestingly are never mentioned in all of this,
not only is it a small power elite in Germany, France, Britain, Luxembourg and Brussels of course, providing the political framework, while the populace has no say in it,
not only is Merkel acting on behalf of the people in the CfR, who see the EU as just a stepstone on the erection of the New World order.
But that is probably too much diligence to ask for.
And regarding Putin:
Belarus was never economically viable.
I've never understood why they separated from Russia.
Until today Russian is spoken there, Russian culture is dominant there.
And Putin can't be that much worse than Lukashenko.
And why shouldn't Putin be allowed to do what the U.S. is doing on a daily basis with totally foreign countries, both linguistically and culture-wise ?
Belarus is Russia's backyard and even once belonged to the SU to 100 %.
The U..S. is not the only country allowed to illegally invade and conquer sovereign states.
It's not their God given right and the people in Washington learn that better sooner than later.
There's nothing good about America spreading "democracy".
It's just a euphemism for dominance and the installation of the Rothschild central banking system and access to natural resources of course.
So why is it bad when Russia does it and good when America does it ?
I think the historical analogy you're looking for that's more accurate to describe who's really benefitting from money lending in foreign nations is the British and Dutch East India Company. So-called capitalism hiding colonialist expansion and resource extraction through debt slavery.
At least with the re-amalgamation Lukashenko might have a chance to be Putin's handpicked successor.
In the good old days it was roll in the tanks, now its roll in the banks.
Its imperialism either way.
[...now its roll in the banks.]---hamurobby
Who needs carpet bombing anymore? Today it's carpet banking.
everything he said except for the stale rothschild conspiracy argument.
Even if you could blame en entire population -Germany is just beating everyone at there own game. They kicked out this system 1933 and as a result of loosing the war got it reinforced 1949. So there really is noone to blame there, atleast they tried something different.Its up to all the cheerers of the Ponzy Gods now too clean up the mess. Germany can sit back and watch what happens, if things get to hot, they can just devalue the euro and compensate through exports, which is what a Greek default would insure.
So why is it bad when Russia does it and good when America does it ?
I'll bite. It's that old us-vs-them tribal mentality. When we do it, it's the greatest act of heroism. When they do it, it's the worst act of dastardly cowardice.
The great "scam" that was the collapse of Russia is now laid bare!
Only now the "dynasty" is secure...nice moves!
idiot putin plays w. mathches
only idiots who read about Russia in western papers in artciles written same idiots think Russia is stable..
Russian consolidated budget is ~550-600 bln $$$, not chump change , bigger then japan's ( japan has 1 trln $ budget , but prints half of it ),, so problem is
RUSSIAN BUDGET IS BALANCED ONLY IF OIL AVERAGES 110-115 $ per barrel..
its only matter of time before oil before be down to 50$, so suddenly Russian budget wont get 25-30% revenues (as it was in 2008/9), so deficit will be 150-200bln per year..
M2 in Russia is around 700 bln $, but gold/hard currency reserves are ~500 bln, so as soon as crisis come up, there will be huge flight from rubles into eur/$, so currency will collapse 50-100% ( same in Belarus, only bigger by factor 100x)
there's HUGE INFLATION problem in Russia, official rate is around 8.5-9%, in reality life as is in every country is much dearer.. inflation is probably 15-18%, so there's no much trust in rubles, as long as currency rates ( rubles/$ , euro) are stable, fine, but as soon as oil get down, russian will take rubles from banks and put into hard currencies/real estate/gold, so banking systems will collapse too.. it did in 1998, and almost happened in 2008/9.
+++ there's huge external debt ,more than 500 bln $,
so RUSSIA is WORLD'S REAL BLACK SWAN..
I can agree Russia is resource price dependent. The only question is will oil decline to the extent needed to trigger financial problems in the kremlin budget.
The external debt, 500 Billion dollars? Who holds it and when was it issued?
only oil decline will trigger..
goverment /consumer /mortgage debt does not exist..
its private debt taken by private companies, mostly in oil/metals sector and banks.. I'd call it quasi-goverment debt cause biggest oil/gas companies and banks in RUssia pretty much do what Putin/goverment want , such as Gazprom, Russia RailSystem (RGD), Sberbank (biggest bank), BTV bank, LukOil, Rosneft ec,,
russia is cooked
Hey.. stop telling these stupid western Marxist the truth. You're destroying a wet dream.
Read "The return of History and End of Dreams" by Kagan, where he discusses and exposes the geo-economical repositioning into blocks. Main blocks being Sino-Pacific (ex-Japan), Anglo-American (USA, Canada, UK, Japan), EU, Russia (and former soviet states in Central Asia, as well as in Europe), and most surprisingly India and Middle Eastern oil producers, and Brazil as well. In short he acknowledges that while geo-politics ruled in the past 2000 years, when it came to international relations, now, without any ideological dialectics (in political context) the next dialectical field is geo-economics. How this relates to this particular situation where Russia bails out Belarus is that blocks will operate independently with the dominant country taking the role of supra-national institutions that have so far provided assistance to countries. This will not only be restricted to economic influence, but also military interventions (read the latest statements made by Russian foreign minister about Libyan situation) etc etc. In short, as this crisis progresses, you will see more and more "independent geo-economic structures" each with their own cultural identity (which is non-existent in the ideology of of liberal capitalism), military laws etc etc. This in turn will help in dethroning USA from it's position of the "World's Policeman", because it's access to resources to maintain such foreign policy will be severely reduced. Anyway, a good book to read if one wishes to gain insight into future geo-economic trends (especially with China and Russia establishing themselves as equals to US).
On a related note, i was just taking Geopolitics for Poltroons and Dummies, seeing how the DVD regions decreased from 8 to the three Blu-Ray Großraums, plus China's very own standard sphere.
check out the map in this article...
This makes Fukuyama very sad.
Elena Kagan can write? O, 'he..'
Belarus first, Ukraine next.
Isn't Belarus on the Obama/Nato regime change hit list?
For any German Chancellor there are now 3 options:
1. You go the "Atlantic way": Westwards leaning, i.e. become a CfR/Chatham House whore (Kohl, Merkel)
2. You go the "Continental way": Eastwards leaning, i.e. become a Kremlin whore (Brandt, Schröder)
3. You go the "Silk road": Eastwards leaning, i.e. become a Zhongnanhai whore (none until today)
1. U.S. influence is militarily/financial.
2. Russia influence is energy-wise.
3. China influence is trade-wise/financial.
4. Turkey/Middle East influence is demographical.
So Germany is the place where cultures clash.
Gee, and where is option 4, the real option: EU?
Option 5, slowly implode on your own, going Japanese.
Fiscal harakiri, prolonged for extra pleasure...
Belarus economy is fine. There is extreme pressure from the West now, becouse they are printing money like crazy.
This is just decoupling shock.
All economic analysis now is like: Moody, S&P or so
But soon will be: Argentina has 40 mil people and 50 mil cattle
EU27 is 500 million but just 20 mil cattles
So how much cattle does Belarus have ?
several million Belarus blues...
Um, judging from the way things are it is safe to state that EU has 520 mil.cattle, but only 20 million of them are of animal origin.
On the other hand all 520 million are edible given the right circumstances and spices, so all's not that bad.
People just dont get it. I guess they just want to be oblivious to whats going down around us.
This guy has a good take on it
Personally I think we are going straight for a cliff because the masses are to stupid, and the elite are to greedy to slow down.
What a pleasant surprise. Hope to see you more often.
When USA goes south, Germany will go east... and EU will follow... The economic centre of gravity of the world moves east... forget USSR and communism...see the rise of the new Oligarchy...it will not be USA centric...that is the trend as the USa is determined to go into a tail spin for the next ten years...By then, the writing will be on the wall and we will know which way the cookie crumbles for the rest of the century...or at least its first fifty years...lets stay humble...in our predictions...The tragedy is that western civilization is losing its grip on the world...as the Oligarchs are not the people; just an empty shell of dying values, the dregs of the new house of the Atreus.
We're already there.
yes, the Neo-Con "of, by & For Goddamn Sachs & the war lobby" traitor bastards
have SABOTAGED America's ENTIRE industrial/production economy, so they can wallow in SHORT TERM profits... and when THAT little rubinite/summers/paulson scam BLEW UP, they (via bribed & bought congress-critters & pres-i-dents) went straight to DIRECT TAXPAYER EXTORTION ("bailouts") and SERIAL back-door THEFT of savings & wealth (by Greenspan/Bernanke/Geithner's "FREE MONEY FOR BANKSTERS... DEBT & DEBASED MONEY for you peons!" "Liquidity Injections" & QE 1,2, 3...)
Now, the rest of the world would have eventually CAUGHT UP with America's technology, industrial production, & higher education system... the Goddamn-Sachs uber alles crowd just ACCELERATED that losing race (for USA) by 2 decades, while SABOTAGING our ENERGY PROGRESS, so to make us MORE DEPENDENT on fossil fuel (which MONOPOLY CARTEL is the BASIS of their oil/petro-dollar Fed oligopoly trust)
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