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China Warns West Not To Enforce Sanctions Against Russia

Tyler Durden's picture




 

"Sanctions could lead to retaliatory action, and that would trigger a spiral with unforeseeable consequences," warns China's envoy to Germany adding that "we don't see any point in sanctions." On the heels of Merkel's warning that Russia risked "massive" political and economic damage if it did not change course, Reuters reports ambassador Shi Mingde urged patience saying "the door is still open" for diplomacy (though we suspect it is not) ahead of this weekend's referendum. Russia's Deputy Economy Minister Alexei Likhachev responded by promising "symmetrical" sanctions by Moscow. So now we have China joining the fray more aggressively.

Via Reuters,

China's top envoy to Germany has warned the West against punishing Russia with sanctions for its intervention in Ukraine, saying such measures could lead to a dangerous chain reaction that would be difficult to control. In an interview with Reuters days before the European Union is threatening to impose its first sanctions on Russia since the Cold War, ambassador Shi Mingde issued the strongest warning against such measures by any top Chinese official to date.

 

"We don't see any point in sanctions," Shi said. "Sanctions could lead to retaliatory action, and that would trigger a spiral with unforeseeable consequences. We don't want this."

 

...

 

Using her [Merkel's] toughest rhetoric since the crisis began, she warned in a speech in parliament on Thursday that Russia risked "massive" political and economic damage if it did not change course in the coming days.

 

Russia's Deputy Economy Minister Alexei Likhachev responded by promising "symmetrical" sanctions by Moscow. But Shi urged patience, saying the door for talks should remain open even after a referendum on Sunday in which Ukraine's southern region of Crimea could vote to secede and join Russia. Merkel and other western leaders have denounced the referendum as illegal and demanded that it be canceled.

 

"We still see a chance to avoid an escalation. The door to talks is still open. We should use this possibility, also after the referendum," Shi said.

After the Referendum, so when Russia is already in control. More importantly, China joins the fray with threats over West's sanctions. Perhaps BTFWWIIID will make a re-appearance any minute now.

 

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Thu, 03/13/2014 - 12:21 | 4543367 maskone909
maskone909's picture

no wonder the $USD is about to break support.  are you currency guys seeing this too?

Thu, 03/13/2014 - 12:25 | 4543384 Occident Mortal
Occident Mortal's picture

Clear East // West divide appearing now.

 

This is all starting to feel like an itchy and scratchy cartoon.

Thu, 03/13/2014 - 12:28 | 4543407 Fortunate Fool
Fortunate Fool's picture

Sanctions could lead to retaliatory action, and that would trigger a spiral with unforeseeable consequences. We don't want this."

 

If the economy goes south as a result of economic sanctions, China has a lot to fear... The PCC's power can only hold as long as the economy is good. Should that change and social unrest in a 1.3b people country will quickly become unmanageable...

 

Countries don't have friends, they have interests. China is no friend to Russia

Thu, 03/13/2014 - 12:40 | 4543433 Boris Alatovkrap
Boris Alatovkrap's picture

Wi no wan nofu king san xiun.

Thu, 03/13/2014 - 12:44 | 4543521 rubiconsolutions
rubiconsolutions's picture

Boris - Your Chinese is spot on. That KGB training paid off very well.

Thu, 03/13/2014 - 12:46 | 4543531 Levadiakos
Levadiakos's picture

Putin is playing Tsar Nicholas II in this 100 year sequel

Thu, 03/13/2014 - 13:00 | 4543611 max2205
max2205's picture

Cue 99 red balloons

Thu, 03/13/2014 - 13:39 | 4543836 Headbanger
Thu, 03/13/2014 - 13:18 | 4543640 hobopants
hobopants's picture

Hmmm, I don't know about that. Nicholas 2.0 was a bit of a bungler, Putin is many things but he is a pretty sharp guy.

Thu, 03/13/2014 - 13:24 | 4543733 Troll Magnet
Troll Magnet's picture

Oh yeah???

Well, um, well, bring on Putin because we have Moochelle and Valerie who are tough guys! 

Thu, 03/13/2014 - 13:42 | 4543847 Headbanger
Headbanger's picture

And don't forget Hitlery!

Thu, 03/13/2014 - 13:57 | 4543946 rtalcott
rtalcott's picture

I don't think so...you need to look at that history again...however barry is doing a great Wilhelm II.

Thu, 03/13/2014 - 15:47 | 4544573 silvermail
silvermail's picture

If Putin plays the role of the king, then Obama plays the role of jester.

Thu, 03/13/2014 - 13:43 | 4543851 Ifigenia
Ifigenia's picture

"Wi no wan nofu king san xiun."

Yeah, you are right, Boris, but if Obama could xi to nan toki holy fok, it would come out fine for us

Thu, 03/13/2014 - 12:33 | 4543443 morning
morning's picture

social unrest is not in the interest o the chinese people, specially in rural areas where everything works well treacled. and cities are much too cosmopolitan, loaded with corporate types.

Thu, 03/13/2014 - 12:41 | 4543504 caustixoid
caustixoid's picture

There's always a short-term cure for social unrest: war.  The Chi-coms will sacrifice all to remain in power.  They also won't let Russia go down and be the last remaining power facing ZATO.   I hope the game theorists of ZATO have a "10th man" in the room questioning the glorious plan to rule the world, 'cause the variables at play have become dangerously unpredictable.

Thu, 03/13/2014 - 13:01 | 4543523 Urban Redneck
Urban Redneck's picture

War is actually one of the traditional medicines used to treat Social Unrest...

Thu, 03/13/2014 - 14:18 | 4544073 Ifigenia
Ifigenia's picture

huh... are the 1% using it every time they are caught?

No wonder , Afghan war still on since ......2001

Thu, 03/13/2014 - 12:33 | 4543444 morning
morning's picture

social unrest is not in the interest o the chinese people, specially in rural areas where everything works well treacled. and cities are much too cosmopolitan, loaded with corporate types.

Thu, 03/13/2014 - 13:02 | 4543612 angel_of_joy
angel_of_joy's picture

China has an internal market of over 1 billion people ready to consume.

US doesn't ! However, consumer spending still makes about 70% of US GDP... so its economy sucks badly. They (the West) are masking the economic depression, by issuing boatloads of fresh money (currency AND credit) backed up by NOTHING...

The West is totally fucked, once Russia and China (and maybe India) start asking for gold for their resources / products / services.

Game over !

Thu, 03/13/2014 - 12:28 | 4543416 StacksOnStacks
StacksOnStacks's picture

Clear East // West divide appearing now.

 

Sounds like Biggie vs. Tupac.

Thu, 03/13/2014 - 12:41 | 4543502 CrimsonAvenger
CrimsonAvenger's picture

I think it sounds more like Bugs Bunny versus Elmer Fudd. And a hint: We're not the wascally wabbit.

"Be vewy, vewy quiet. I'm hunting viowaters of intewnational waw."

Thu, 03/13/2014 - 12:29 | 4543422 Seer
Seer's picture

It's regional positioning, more emphasis on physical location than ideology (though individual areas themselves are more likely more closely aligned to a particular ideology).  The "NWO" stuff is less physical, virtual.

Thu, 03/13/2014 - 12:35 | 4543463 camaro68ss
camaro68ss's picture

Keep heading east until your hat floats China, we have printers and we have the Bernanake, I mean the Yellen.

Thu, 03/13/2014 - 12:28 | 4543413 Winston Churchill
Winston Churchill's picture

The FedRes can't print anything but dollars.

Thats the the US's achilles heel, not UST's per se.

All the eastern axis needs to do is demand payment in a combo of Euros and gold,

and dollars will start flooding back to the US.

Thu, 03/13/2014 - 13:10 | 4543655 Unknown User
Unknown User's picture

Nah. They are a part of a worldwide-banking-cartel. They can print anything except gold bricks.

Thu, 03/13/2014 - 13:45 | 4543867 Winston Churchill
Winston Churchill's picture

Game theory suggests a different outcome.

The owners of the Cabal would rather keep some, rather than none.

Thu, 03/13/2014 - 12:30 | 4543432 morning
morning's picture

yep

long audusd
short usdcad
short eurusd @1.3970
long swissie

oil to 92 (manipulated) then up and away

Thu, 03/13/2014 - 13:14 | 4543665 Big Brother
Big Brother's picture

I close my long swissie at .8705 this morning.

Good luck with your short on the EURUSD.  That one just broke through the descending trendline on the weekly.  Evidentally you've hedged by going short USDCHF.  It should get interesting when EURCHF gets around 1.20000.  The trades get to be 99.9999% long and the RBS short.

I'm looking for a retrace to go long EURUSD.

Also long NZDUSD @ .8450 & short GBPUSD @ 1.6655.

Thu, 03/13/2014 - 14:37 | 4544185 unrulian
unrulian's picture

I'm long CuPBCu, Tin, AuWAu

Thu, 03/13/2014 - 12:44 | 4543510 XAU XAG
XAU XAG's picture

Two kids playing

 

1st kid............My dad's bigger than your dad

 

2nd kid...........How would you know......you've never met my dad!

 

1st kid...........Your mum said!

Thu, 03/13/2014 - 13:03 | 4543624 max2205
max2205's picture

Got the feeling Barry will schedule a tee time many timezones away from DC just in case?

Thu, 03/13/2014 - 13:06 | 4543639 hungarianboy
hungarianboy's picture

Finally China starts to talk. Very correct of them to support the Russian Federation.

Thu, 03/13/2014 - 13:08 | 4543645 franzpick
franzpick's picture

A China warning? That should be worth a down day of at least 300 points.

This may be the opportunity for the long-silent Mr. Market to take the podium and finally explain to our dangerously depraved and incompetant Mr. O and his political clowns Valerie J., John K., Victoria N., Martin D., and their partisan 'American' and EU accomplices, just how reckless and dangerous is their gunboat diplomacy approach to foreign policy...they can't print their way out of this debacle, and their version of the fed's 'open mouth' policy is bringing us closer to war  every time they talk.

I like to watch the market responce to this unfolding tragedy here:

http://www.investing.com/indices/us-30-futures-advanced-chart

Thu, 03/13/2014 - 13:35 | 4543807 Flamingoo
Flamingoo's picture

Yes USD looks very week. Against EUR it has broken dawn its trendline going vack to 2008.

But USD could come back if the Ukrain-crises escalates...... That would also mean a big move down for stock marked.

 

 

 

 

Thu, 03/13/2014 - 14:13 | 4544043 rotagen
rotagen's picture

Thank your mythological god for China, for postponing the kind of six-pointy flag of david, banker infested slag-heap of slavery we're all headed for.  Thank non-existant god for the not-yet-overt forementioned slavery we are all enjoying in this age.

Thu, 03/13/2014 - 12:22 | 4543369 drinkin koolaid
drinkin koolaid's picture

bullish!!!!!!!!!!!!!!!!!!!!!!

Thu, 03/13/2014 - 12:25 | 4543374 Thought Processor
Thought Processor's picture

 

 

 

Ruh Ro.......

 

Looks like the other players are ant'ing up into this poker match.  Take your seats gentleman.  

Thu, 03/13/2014 - 12:28 | 4543414 McMolotov
McMolotov's picture

There are obviously some behind-the-scenes assholes who are goading the US into this mess.

It puts the sanctions on Putin or else it gets the hose again.

Thu, 03/13/2014 - 12:30 | 4543429 john39
john39's picture

how many guesses does it take to nail who owns the U.S. congress...

Thu, 03/13/2014 - 12:43 | 4543519 nowhereman
nowhereman's picture

OK, I'll bite.  If it ain't the Isrealis it's the Saudis.

Thu, 03/13/2014 - 12:59 | 4543606 Chewybunny
Chewybunny's picture

If it ain't the Saudis it's anyone who's got a buck.

 

Thu, 03/13/2014 - 16:51 | 4544871 SunnyDD
SunnyDD's picture

Hahaha, Nope, It is USSK.

 

Thu, 03/13/2014 - 12:49 | 4543557 Anusocracy
Anusocracy's picture

The Alpha-psychopaths?

Thu, 03/13/2014 - 13:01 | 4543617 Gumbum
Gumbum's picture

Goading the US into this mess?

I think it's fair to assume that the US started this whole mess. Spreading "democracy" and inserting leaders that are easier to make deals with (neo-nazies in this case)

How fast the world forgot about the taped conversation with Victoria Nuland talking about who to insert as new leader. It somehow got twisted to be about the "F the EU" part. Masterly spin I might add.

Thu, 03/13/2014 - 13:22 | 4543713 McMolotov
McMolotov's picture

My point is that the people we see as "in charge" of the US aren't actually in charge at all; they're owned by someone else and following orders from higher up.

They're errand boys, sent by grocery clerks, to collect a bill.

Thu, 03/13/2014 - 12:22 | 4543377 pods
pods's picture

Geopolitical clusterfucks are so much fun.

pods

Thu, 03/13/2014 - 12:24 | 4543385 El Vaquero
El Vaquero's picture

Fun like eating and shitting razor blades indeed!

Thu, 03/13/2014 - 12:25 | 4543395 McMolotov
McMolotov's picture

Until they become global thermonuclear clusterfucks.

Thu, 03/13/2014 - 12:29 | 4543420 Kirk2NCC1701
Kirk2NCC1701's picture

Is Simon Black still selling land in Chile?  Might have to look into that.  ;-)

Thu, 03/13/2014 - 13:05 | 4543632 angel_of_joy
angel_of_joy's picture

Remember when you were mocking him ?

He might have the last laugh, while grabbing your money... :-)

Thu, 03/13/2014 - 13:17 | 4543688 KickIce
KickIce's picture

Not to worry, "WHOPPER" is close to determining this is a no win situation.

Thu, 03/13/2014 - 12:24 | 4543386 falak pema
falak pema's picture

when India says they will pick sides then what will Brazil do?

Brazil and India are both cribbing about FED QE and currency war and want more voter rights in IMF that US refuses.

This Ruski/Ukraine stand-off could light a few matches between BRICS and US/EU, like dinosaurs on the rampage.

Jurassic Park ! 

Thu, 03/13/2014 - 12:33 | 4543445 Seer
Seer's picture

For Brazil, Isn't it a longer trade route to China than to the US?

Brazil might be the odd man out...

Thu, 03/13/2014 - 13:03 | 4543625 falak pema
falak pema's picture

Just saying, they will trade with the world's biggest market but maybe in other monies than USD...that is what financial war really comes down to.

Our produce but also our money...

Thu, 03/13/2014 - 13:17 | 4543678 Unknown User
Unknown User's picture

This could trigger BRICs to exit the dollar, and then shit will really hit the fan.

Thu, 03/13/2014 - 12:25 | 4543390 DoChenRollingBearing
DoChenRollingBearing's picture

China does not want to see sanctions period.  Sanctions could be used on them!  Sure, they could sell our Treasuries, and then we start the long process of NOT buying from them and re-tooling American industry.  Their nightmare.  Other than their other nightmares (demographics, pollution, debts).

Thu, 03/13/2014 - 12:34 | 4543451 cro_maat
cro_maat's picture

DoChen - We have already started the long process of not buying from China. As to the re-tooling of Amerika, it is hard to retool when you are bankrupt ($17 T and counting). If a global reset happens, China is a big winner: new infrastructure, over a billion chinese consumers, stockpiled gold (rather than rehypothicated).

Thu, 03/13/2014 - 13:49 | 4543708 KickIce
KickIce's picture

Once the host is dead the parasite has to exit which is what China will do when the US serves no further use.  This is why the Rothchilds will put a billion dollars into Ukraine and leave Detroit in ruins.

Thu, 03/13/2014 - 13:07 | 4543642 angel_of_joy
angel_of_joy's picture

Good luck with that one !

Business environment in US became downright poisonous over the last 10 years, or so...

Thu, 03/13/2014 - 13:43 | 4543849 DoChenRollingBearing
DoChenRollingBearing's picture

I started (or helped start) three businesses in the USA.  All three failed.  The fourth was in Peru, some 23 years ago.  The fourth one was the charm.  Your comment has much merit, especially re small business.

Thu, 03/13/2014 - 13:26 | 4543747 Winston Churchill
Winston Churchill's picture

Dochen,

My grand father and father aleays taught me if you are going to make a loss,write off

everything of dubious value.Maybe its that time for China , get rid of all the crap on the balance sheet

including their UST holdings.

Thu, 03/13/2014 - 13:36 | 4543814 DoChenRollingBearing
DoChenRollingBearing's picture

Your father and grandfather taught you well.  Eat the loss, do not let a loss become even more toxic as time goes by.

Indeed, from China´s viewpoint, it might be better just to get it over with, dump the Treasuries.

Thu, 03/13/2014 - 17:18 | 4545023 SunnyDD
SunnyDD's picture

yes, +100,

China saying that ready to loss all her UST weeks ago.

 

Thu, 03/13/2014 - 12:25 | 4543391 Seer
Seer's picture

It's not like it's hard to see how this will shape up.

China needs energy.  Russia has it.

Europe needs energy.  Europe is broke.

Russia and China share a border.  US doesn't share a border with Europe. (neighbors; logistics [trade and military]).

Thu, 03/13/2014 - 12:40 | 4543497 nowhereman
nowhereman's picture

My thoughts all along.

Are they truly that short sighted?  Look who have been the engines of growth in the east.  China and India, what would it take to turn the spiggots off toward Europe and open them to the east.  While the US wallows in economic depression, and Europe freezes in the dark, Russia and the emerging markets, the BRIICSS take over as the economic engine of production for the rest of the world.

By the way, have you taken a close look at the labels on your food products of late?  China, Vietnam, Malaysia, are rapidly taking over the US food supply.  Your processed food ain't made in America anymore.

Thu, 03/13/2014 - 12:45 | 4543522 astoriajoe
astoriajoe's picture

"Are they truly that short sighted?"

Hubris more than optics I think.

Thu, 03/13/2014 - 12:25 | 4543396 SDRII
SDRII's picture

US lasers? PLA preparing to raise its deflector shields

Details on ships, planes searching for missing jet

US criticizes China's blocking Philippine ships

Saudi Arabia loaned Pakistan $1.5bn last month to shore up economy

Saudi Allies Have Few Economic Tools to Pressure Qatar

 

Two Saudis jailed for inciting protests, mocking rulers

Saudi Crown Prince Salman on state visit to China

“The US and Saudi Arabia truly share a strategic partnership that goes way back,” Brennan said. While there may have been “differences of views” over Iran, Syria and Iraq, the US-Saudi “relationship is on strong and solid ground.”

All clear

Thu, 03/13/2014 - 12:33 | 4543447 Kirk2NCC1701
Kirk2NCC1701's picture

Yes, "Oil is thicker than Blood".

W/o KSA, you can kiss yer Petro-Dollar bye-bye, and with it the wealth, power and lifestyle of all the Neocons (Imperial-Zionists & Globalists), the Banksters and the MIC.  They all stand or fall together.  KSA could survive quite well w/o the Petro-Dollar, but not w/o the DOD to keep their populace under the Royal Thumb.

Thu, 03/13/2014 - 12:35 | 4543461 Seer
Seer's picture

I suspect that, in the case of the Saudis, they haven't yet established a good deal with China.  Not good to dump the US (and its protections for the royals) before hitching up to a new customer (and protector).

Thu, 03/13/2014 - 13:32 | 4543786 Herd Redirectio...
Herd Redirection Committee's picture

Ah, the monkey theory of geopolitics (don't let go of one branch until you've got hold of the next).

Thu, 03/13/2014 - 12:27 | 4543402 Racer
Racer's picture

The US bully not getting its own way for a change. About time!

Thu, 03/13/2014 - 12:27 | 4543403 maneco
maneco's picture

China and Russia hold the Gold card! Place economic sanctions against Russia at your own peril NATO!

Thu, 03/13/2014 - 12:40 | 4543496 agent default
agent default's picture

Cornering the sociopathic, neocon lunatics in the US like that could be very dangerous.  They might actually do the unthinkable.

Thu, 03/13/2014 - 12:51 | 4543570 maneco
maneco's picture

True but it could give the Chinese the excuse to dump the dollar and who knows that might be what DC wants as it would wipe off the trillions that they owe.

Thu, 03/13/2014 - 13:00 | 4543609 agent default
agent default's picture

No way DC wants that.  The dollar has been proven to be the most potent weapon in the US arsenal.  Also, much of the US standard of living is due to the reserve currency status of the Dollar.  If the USD is dumped, there will be hell to pay for the US.

Thu, 03/13/2014 - 13:05 | 4543631 Seer
Seer's picture

That the USD will die is not in question.  The ONLY question is When.

I figure that a lot of this is preparation, a lot of psychological programming happening... (which is why I think that the US is in a better position than China to manage a crash [US has more of a headstart])

Fri, 03/14/2014 - 16:54 | 4549680 MeelionDollerBogus
MeelionDollerBogus's picture

Well, there's 1 more question for those of us on another currency: will ours go before or after the USD & how will that affect our banks, our savings, our trade?

Thu, 03/13/2014 - 13:11 | 4543652 maneco
maneco's picture
Senior Obama Official Says "We Are Going To Kill The Dollar"

https://www.youtube.com/watch?v=ILKolTI1s50

 

Thu, 03/13/2014 - 13:15 | 4543677 cro_maat
cro_maat's picture

Since when has DC cared about the US's standard of living? They are kleptocrats working either for their own self-interest or those of the bankster / MIC / ZIO / (insert favorite cabal here). If trashing the US economy fits their interests then they will trash away: NAFTA, MFN status for China, bailouts for TBTF, TPP, repeal of Glass Steagal, THE FED!!, etc. I could go on but you get the point.

Thu, 03/13/2014 - 14:10 | 4544022 Mesquite
Mesquite's picture

So why you think US has all those underground hide aways, APCs, n FEMA camps...

Thu, 03/13/2014 - 13:18 | 4543693 Itchy and Scratchy
Itchy and Scratchy's picture

Their hedged! Their short the USD.

Thu, 03/13/2014 - 12:27 | 4543406 10mm
10mm's picture

Everything going according to their plans. Prep accordingly. This spring/summer is gonna be a dandy.

Thu, 03/13/2014 - 12:33 | 4543408 astoriajoe
astoriajoe's picture

Translation: Mr. Obama, that's an awfully nice currency you've got there. It would be a shame of something bad were to happen to it.  -Mr. Xi

Thu, 03/13/2014 - 12:30 | 4543411 Itchy and Scratchy
Itchy and Scratchy's picture

Looks like the Capitalists are ganging up on the West! Could this be the end of socialism as we know it? Say it ain't so!

Thu, 03/13/2014 - 17:06 | 4544931 SDShack
SDShack's picture

Yes, the end of socialism, but not at the hand of capitalists. The fascist sociopaths are engineering the New Feudal World Order. Kings & Queens pull the strings of nations, Lords run the economic and security state of those nations, and the Serfs are slaves to the debt they must take on for their meager existance of food, clothing, shelter, and now healthcare.

Thu, 03/13/2014 - 12:28 | 4543418 IridiumRebel
IridiumRebel's picture

Dollar dump in 3..2..1..

Thu, 03/13/2014 - 12:47 | 4543533 agent default
agent default's picture

I still don't understand why the Euro is up.  It's no better that the dollar.

Thu, 03/13/2014 - 12:29 | 4543424 Kaiser Sousa
Kaiser Sousa's picture

man its a trip watching how the MoneyChangers r attempting to strangle the march higher in the only 2 forms of real money by relentlessly attacking Silver...$21.50 is clearly the level they r futilely defending.... again, check the pattern in the charts over the last 3 days.... see anything?????

http://www.kitco.com/charts/livesilver.html

U.S. Mint Silver Eagle Coins Sales and Silver in U.S. Dollars - Jan 2009 to March 2014 (Bloomberg)

February silver coin sales rose 11% yoy as prices fell 33% (see chart). Silver coin sales were down 22% from January. January produces sales spikes as collectors buy coins bearing the new year's date and bullion wholesalers secure their inventories of new year coins for the year ahead.

Thu, 03/13/2014 - 12:32 | 4543440 john39
john39's picture

do or die for them.  problem is, what they are up to is only getting more obvious to anyone paying attention.  soon they will have to make it official policy, then the illusions end.

Thu, 03/13/2014 - 12:37 | 4543471 Seer
Seer's picture

Yeah, when the curtain is swept back it's going to get ugly (TPTB have a lot of power to unleash).

Thu, 03/13/2014 - 12:43 | 4543516 yogibear
yogibear's picture

It's crash the US dollar time!

Yellen's Federal Reserve hyper-inflate time.

Thu, 03/13/2014 - 12:36 | 4543465 Itchy and Scratchy
Itchy and Scratchy's picture

Eastern Capitalist Pigs!

Thu, 03/13/2014 - 12:36 | 4543466 stant
stant's picture

crap! this always happens when i skip a week buying ammo

Thu, 03/13/2014 - 12:40 | 4543484 Mercury
Mercury's picture

...ambassador Shi Mingde urged patience saying "the door is still open" for diplomacy...

 

Translation: By all means your president should continue to draw "red lines" and please keep that ass-clown with the funny hair on TV....we love him, he's better than Baghdad Bob.

Thu, 03/13/2014 - 12:39 | 4543495 bigrooster
bigrooster's picture

Dump US Treasuries in 3,2,1...

Tick Tock

Thu, 03/13/2014 - 12:40 | 4543500 yogibear
yogibear's picture

Kaboom for the US dollar. It's about time.

This should be very worrisome for the fiat printers at the US Federal Reserve,

Once the US dollar dumping begins it will be very destructive. Bank holidays.

Yellen Charles Evans, William Dudley, Rosengren all print into a crashing dollar. Hyperinflate to save their Wall Street clan.

Thu, 03/13/2014 - 12:46 | 4543527 yogibear
yogibear's picture

What is the US dollar backed by?

NOTHING!!!!!!

Thu, 03/13/2014 - 12:49 | 4543555 unplugged
unplugged's picture

CIA, NSA, military.

Thu, 03/13/2014 - 13:08 | 4543646 fijisailor
fijisailor's picture

So if I buy some chickens on craigslist with my silver bullion the CIA, NSA, military will invade my house?

Thu, 03/13/2014 - 13:29 | 4543762 Seer
Seer's picture

It's never about HOW you trade.  It's about whether you give them "their" cut or not.

Thu, 03/13/2014 - 14:15 | 4544050 fijisailor
fijisailor's picture

Well obvously in my case I can only pay taxes in eggs.

Fri, 03/14/2014 - 13:12 | 4548602 MeelionDollerBogus
MeelionDollerBogus's picture

FDA but yes.

Fri, 03/14/2014 - 13:12 | 4548599 MeelionDollerBogus
MeelionDollerBogus's picture

bu...bu...bu...but full faith and credit of the instmatution of treasury gubbermint of... of... nuh uhhhh!
:-)

Thu, 03/13/2014 - 12:47 | 4543541 nowhereman
nowhereman's picture

AAAAAAAAAAnd,   IT'S TIME.

Thu, 03/13/2014 - 12:48 | 4543548 MeelionDollerBogus
MeelionDollerBogus's picture

Make them a simple, easy offer. Ukraine can be left alone & all aid can be dropped forever to... Israel :) Watch 'em squirm then.

Thu, 03/13/2014 - 13:04 | 4543628 Chewybunny
Chewybunny's picture

why squirm? 

The conversation would turn to the following:

"OH Americans dropped support to us? No problem" *ring ring ring* "Hello, Mister Putin? Yeah, we have more than 30% of our country ethnically Russian. You're move."

 

The American hubris that other countries "need" us is insane. 

Thu, 03/13/2014 - 23:42 | 4546523 MeelionDollerBogus
MeelionDollerBogus's picture

You're missing the point. A large number of law-makers & media pundits are dual citizens with the offending party.

Fri, 03/14/2014 - 17:06 | 4549749 Miffed Microbio...
Miffed Microbiologist's picture

MDB, I like your reasoning. The choice is certainly a Jewish dilemma: free ham.

Miffed;-)

Thu, 03/13/2014 - 12:48 | 4543550 unplugged
unplugged's picture

Rollout of the East's gold trade settlement system will result if sanctions applied.  Game set match for $US. 

Thu, 03/13/2014 - 12:56 | 4543593 maneco
maneco's picture

How do you figure that one out?

Thu, 03/13/2014 - 12:52 | 4543575 Itchy and Scratchy
Itchy and Scratchy's picture

Hillary retaliates with a lap dance threat to China's entire leadership for backing the Ruskies!

Thu, 03/13/2014 - 12:56 | 4543596 Father Lucifer
Father Lucifer's picture

gonna need more...............popcorn

Thu, 03/13/2014 - 12:58 | 4543603 Rising Sun
Rising Sun's picture

well I recommend the Orville Redenbacher - fuckng delicious - and you can get the "fat bastard" size at Costco

 

already shelved up here!!!!

Thu, 03/13/2014 - 13:34 | 4543782 Wen_Dat
Wen_Dat's picture

Fuckng delicious gonna kill you. 

 

Try some Amish County Popcorn. No GMO's (though you have to take the effort to cook in a pan/pot)

 

http://www.amishcountrypopcorn.com/

Thu, 03/13/2014 - 12:58 | 4543602 WhoIsJohnGaltCoin
WhoIsJohnGaltCoin's picture

Eurasia & Eastagia VS Oceania round 3

Thu, 03/13/2014 - 13:04 | 4543627 Billy Sol Estes
Billy Sol Estes's picture

I'm worried already, Oceania troops can destroy Amurican tanks with their bare hands.

http://www.youtube.com/watch?v=-_ZeD40Rg8A

Thu, 03/13/2014 - 13:01 | 4543614 dizzyfingers
dizzyfingers's picture

Chinese don't like NATO encroachment either?

Thu, 03/13/2014 - 13:04 | 4543629 Itchy and Scratchy
Itchy and Scratchy's picture

N ever    T hreat   O rganization

Thu, 03/13/2014 - 13:07 | 4543641 maneco
maneco's picture

Tell that to Kaddafi! 

Thu, 03/13/2014 - 13:12 | 4543654 Itchy and Scratchy
Itchy and Scratchy's picture

....except to defenceless unarmed vulnerable isolated regimes!

Let's see how the tough guys do against the big boys!

Thu, 03/13/2014 - 13:14 | 4543667 Seer
Seer's picture

Well, I wish that were the case...

NATO is used to take-over a country after special ops have done their dirty work.  I understood how this all worked after wondering what was up in Macedonia some 12+ years ago.  Interesting study.

http://www.antiwar.com/rep/chuss9.html

http://www.atimes.com/c-asia/DA25Ag01.html

ALWAYS think "resources."  Divide and conquer...

Thu, 03/13/2014 - 13:02 | 4543622 Billy Sol Estes
Billy Sol Estes's picture

I'd be worried about my personal safety if my name were Franklin Ferdinand, right about now.

Thu, 03/13/2014 - 13:10 | 4543656 royal
royal's picture

China plus Russia could CRUSH the dollar.

Horsehead Kerry and Meo-Mix Obama need to STFU.

Thu, 03/13/2014 - 13:17 | 4543686 Seer
Seer's picture

It's not so simple as that.

Who are Russia and China going to trade with when both the US and Europe are toast?  I've stated that they'll trade between each other, but that's a bit precarious: keep in mind that the West will continue to sabatoge things; AND, resources are limited- there's an end.

Thu, 03/13/2014 - 13:14 | 4543668 Itchy and Scratchy
Itchy and Scratchy's picture

At least now we know why the US Gov't has buying up all that ammunition!

Thu, 03/13/2014 - 13:15 | 4543673 gyue
gyue's picture

get more gold when it is still cheap!!!

Thu, 03/13/2014 - 13:15 | 4543674 gyue
gyue's picture

get more gold when it is still cheap!!!

Thu, 03/13/2014 - 13:16 | 4543683 jubber
jubber's picture

The US have well and truly fucked up here...unreal

Thu, 03/13/2014 - 13:27 | 4543710 Itchy and Scratchy
Itchy and Scratchy's picture

Victoria (Nuland) Nudleman Kagan would be hurt if she heard you saying that!

Thu, 03/13/2014 - 13:18 | 4543697 mikebowen55
mikebowen55's picture

No big deal to our overlords.  They can always send us shabbos goyim to do their fighting for them.  Our lives aren't worth anything according to the Chosen Ones.

Thu, 03/13/2014 - 13:18 | 4543698 mikebowen55
mikebowen55's picture

No big deal to our overlords.  They can always send us shabbos goyim to do their fighting for them.  Our lives aren't worth anything according to the Chosen Ones.

Thu, 03/13/2014 - 18:52 | 4545405 grekko
grekko's picture

If so, then come a knocking at my door.  The only answer they'll get is bullets through the door.  Yes, I will fret for the poor door later, if I live long enough.  Either way, it will be a good day. Anyway I'm too old to draft but if they come for my kids, I will die (no fear there, I'm too old).  My kids don't belong to them, they are mine, and I will die before they can take them, and as far as I can deduce, my kids are standing with me, shoulder to shoulder, daughter reloading for her brother and I.  The reason is that I counter-educated them through their schooling in the public school system, which they are close to finishing.  They both understand political fools, banker crooks, control freaks, propaganda on the main stream news, and are quite adept at finding the best info that the net has to offer.  They turn me on to new websites all the time. Wasn't it Ben Franklin that said "We must indeed, hang together, or surely we will all hang seperately?"

 

Thu, 03/13/2014 - 21:18 | 4546032 mikebowen55
mikebowen55's picture

Make sure that you teach them well about the Jews. I would have them read Henry Ford's writings for sure.

Thu, 03/13/2014 - 13:21 | 4543709 Landrew
Landrew's picture

I all of you have forgotten, China would like to be treated like Russia when time comes to take more control of the west leaning Taiwan. That too will come to head very shortly, with the Japanese incursions into Chinese boundary waters and the U.S. moving ships around coastal waters.

Thu, 03/13/2014 - 13:24 | 4543731 Spungo
Spungo's picture

China doesn't want nuclear war? Well obviously that means we should start nuclear war! America #1!

Thu, 03/13/2014 - 13:25 | 4543736 joego1
joego1's picture

Could be the black swan the Chinese are looking for to reset the economy. American aggression caused us to sell the dollar and economy crashed. Blame the west and get those islands!

Thu, 03/13/2014 - 13:28 | 4543756 Itchy and Scratchy
Itchy and Scratchy's picture

Do they not know the Kenyan won the Nobel Peace Prize?

Thu, 03/13/2014 - 13:28 | 4543760 franzpick
franzpick's picture

Futures down 220 from the top: anybody seen any profit taking rallies along the way?  There hasn't even been a rally yet on the 15' chart.

Hope our politicized, opportunistic 'gunboat diplomacy' administration and their 'American' and EU accomplices have their arms, uniforms and supplies together and are ready to walk the walk...

http://www.investing.com/indices/us-30-futures-advanced-chart

Thu, 03/13/2014 - 13:32 | 4543778 Itchy and Scratchy
Itchy and Scratchy's picture

Not to worry. The Tribal Neo-Cons are long Puts!

Thu, 03/13/2014 - 13:29 | 4543761 shutdown
shutdown's picture

This entire Ukraine fiasco clearly shows how deeply desperate Obama is to start yet another war.

But he really screwed up this time. He decided to take on Russia. If he wanted to finally win one before leaving office he shouldv'e picked on someone a whole lot smaller.   

Thu, 03/13/2014 - 13:32 | 4543783 Itchy and Scratchy
Itchy and Scratchy's picture

Kenya is out of the question!

Thu, 03/13/2014 - 13:34 | 4543802 Seer
Seer's picture

When will people understand that the POTUS has little say over the long-term goals and strategies (set down by TPTB)?

Thu, 03/13/2014 - 14:03 | 4543987 Itchy and Scratchy
Itchy and Scratchy's picture

Oh Yeah!!!! Just wait until the Kenyan gets back from his March Break holiday in Florida and then u will see what happens!

Thu, 03/13/2014 - 14:33 | 4544161 Seer
Seer's picture

Fucking infantile.

Thu, 03/13/2014 - 14:33 | 4544168 Seer
Seer's picture

Oh, wait!  A member for 2 weeks.  Now I get it!

Thu, 03/13/2014 - 14:15 | 4543819 1stepcloser
1stepcloser's picture

China if you want to impress me...find the 777.... 

 

Here is a clue

http://en.wikipedia.org/wiki/Diego_Garcia

Thu, 03/13/2014 - 13:41 | 4543841 jubber
jubber's picture

So Silver is down and Gold and Oil haven't moved for hours...that's really natural

Thu, 03/13/2014 - 13:50 | 4543901 arcos
arcos's picture

Russia is the world's largest crude oil exporter (SaudiArabia is second)! Keep thinking, when you talk about sanctions!

"Symmetrical" sanctions by Russia could be:

- reduction of Crude export volume by a tiny 1 Mio. Barrel p/d (total daily export north 9,1 Mio. barrel) --> Result: ballooning world  crude prices, which would destroy the western stock markets and economies

- walking away from the "petro-dollar" system --> Result: very serious problems for the US$

By the way: Russia has ZERO national debt. Russia is the biggest “European” Car market. Russia has a flat tax on personal income of 18%!

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