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"Putin Did The Right Thing" Says Marc Faber, But Fears China Implications More

Tyler Durden's picture




 

While Marc Faber is adamant that "there’s lots of funny things that are happening in China. And when the whole thing unwinds it will be a disaster," it is his comments with regard Ukraine (and Russia) that are worth paying significant new attention to. As The Gloom, Boom & Doom Report editor notes in this brief Bloomberg TV interview, if you put yourself in Putin's shoes "he did the right thing from his perspective," given Crimea's strategic importance. However, as Faber concludes, "Crimea moving to Russia gives essentially a signal to China that one day they can also move and seize some territory that they perceive belongs to them."

 

 

Faber On Russia, Ukraine and its signaling to China...

Mr. Putin did the right thing from his perspective. We have to look – put ourselves into his shoes. He did absolutely the right thing at the right time.

 

...By that I mean that there was interference by foreign powers in Ukrainian politics that were unfavorably from the perspective of Russia.

 

...The Crimea is strategically most important for Russia. It has practically no meaning strategically to the United States or to Europe. But for Russia it’s very important. I don’t think that Russia will move further into Ukraine unless there is serious provocation. But I doubt it will happen. But I think the wider implication is that we have now border lines. In other words, the US would intervene if a foreign power would establish bases in Haiti and in Cuba and so forth and so on, and the Chinese will react if foreign powers threaten Chinese access to resources.

 

...

 

This is very important because the occupation or say the referendum (ph) in Crimea and Crimea moving to Russia gives essentially a signal to China that one day they can also move and seize some territory that they perceive that belongs to them.

Faber confirms his perspective on China...

...we had a colossal credit bubble in China and that this credit bubble is now being gradually deflated and will bring about problems in the real estate market and among some major players in the commodity markets as well. So overall, if I look at export figures from China, and they are very closely correlated to overall economic growth, then there is a huge discrepancy between what China reports and what China’s trading partners are reporting.

 

So if you look at the figures of China, exports are still growing. If you look at the trade figures China exports to Taiwan, so China records exports of so and so much. The Taiwan report imports from China at a much lower level. So which figures are more reliable? I think the figures of the trading partners of China are more reliable. And they would suggest that growth has slown down considerably.

 

...

 

Governments will always publish the statistics that they wish to show irrespective whether that is in China or in other countries. Governments control basically the statistical offices, so they can show whatever they want. As Stalin said, it’s not important who votes but who counts the votes. And the government counts the statistics.

 

...the fact is simply that Chinese stocks have been just about the worst performing stocks since 2006. Now analysts will dismiss that and say everything is prefect in China, but the stock market does not seem to believe everything that the government is saying about the economy. And clearly there are strength signs in the Chinese economy. In particular, as I said, we have this huge explosion of debt. Debt as a percent of GDP has increased in the last five years by more than 50 percent. Total debt is now over 215 percent of GDP, and a lot of it is trade finance that is being rolled over.

 

In addition to that, there are lots of funny deals. A friend of mine who analyzes China very carefully, Simon Hunt (ph), he pointed out that trade finance between one state-owned enterprise and a private company has amounted to over $5 trillion by continuing to roll over the same collateral several times. There’s lots of funny things that are happening in China. And when the whole thing unwinds it will be a disaster.

 

...

 

I think that investors are not sufficiently aware that the Chinese economy is far more important for other emerging economies than the United States because China is a large importer of resources. In other words, iron ore, copper, zinc (inaudible). And at the same time, they are a huge exporter to commodity producers of their own manufactured goods, as well as Korean exports. The commodity producers are much larger than Korean exports to the US or to the U (ph).

So if the Chinese economy slows down, commodity prices – industrial commodity prices are likely to remain under pressure. They already come down a lot. They remain under pressure and the resource producers have less money. In other words, the Brazilian goes into recession. The Middle East does not grow as much as before. Central Asia, Africa and so forth all contract, and then they buy less from China and you have a vicious cycle on the downside.

 

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Tue, 03/18/2014 - 06:05 | 4562190 negative rates
negative rates's picture

There is no laughter in heaven!

                                             Mark Twain.

Mon, 03/17/2014 - 23:25 | 4561806 IndyPat
IndyPat's picture

I think Patton would disagree. But he had an accident....

Tue, 03/18/2014 - 00:02 | 4561884 Bonapartist
Bonapartist's picture

the "accident"  where Morgenthau had him killed?

Tue, 03/18/2014 - 01:18 | 4561979 IndyPat
IndyPat's picture

Yeah, that one. Think of the possibilities if said accident had not worked out and someone in DC had the brains and the stones to listen to him.

Tue, 03/18/2014 - 01:27 | 4561989 Bonapartist
Bonapartist's picture

wishful thinking- FDRs cabinet was more shot through with commies than Stalin's.

Mon, 03/17/2014 - 23:02 | 4561742 onewayticket2
onewayticket2's picture

Dear Ukraine, If u like your arms reduction treaty, you can keep it. Period.

Mon, 03/17/2014 - 23:15 | 4561778 FreedomGuy
FreedomGuy's picture

A good lesson in the dangers of outsourcing your security.

Mon, 03/17/2014 - 23:12 | 4561773 FieldingMellish
FieldingMellish's picture

ZH really loves the Ponytailed-one. 

Tue, 03/18/2014 - 05:06 | 4561786 zionhead
zionhead's picture

Keep it Simple Keep is Safe The pony-tail one like ZH is consistent, they wait until the story is closed, until the victims are buried, and only then do their toes touch the waters.

 

Where the fuck was FABER a month ago backing PUTIN?

Mon, 03/17/2014 - 23:16 | 4561781 sangell
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Putin could have quietly 'negotiated' Crimean sovereignty away from Kiev. They were broke and well aware of the ethno political realities in Crimea. Putin merely needed to say privately what he is saying publicly kept his troops off the streets, extended some loans or simply paid Ukraine a couple of billion in compensation for the 'investments' Ukraine had made in the territory and that would have been that. No international tension, no sanctions and Putin would have seemed statemanlike instead of a thug. But Putin isn't after just Crimea, he wants to put every country on Russia's periphery on notice that Moscow retains a veto over what international organizations and institutions they can belong to, what trade agreements they may enter into and even if they can exploit their own oil and gas resources.

Tue, 03/18/2014 - 05:35 | 4562166 Dollar Bill Hiccup
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Da

Mon, 03/17/2014 - 23:20 | 4561791 Telemakhos
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The Chinese would like Taiwan, but the Taiwanese won't vote that way.  The percent of islanders self-identifying as Taiwanese and not Chinese is at an all-time high.  The PRC can't gather a legitimation from the populace like Russia could in predominantly Russian Crimea.

Moreover, China has a number of populations on its western flank that, if asked, might well vote themselves independence.  The guarded Chinese reaction to the Ukrainian crisis and their insistence on territorial integrity was largely regarded as a recognition that the Chinese government really, really doesn't want to legitimate the notion of secession, because Tibet and Xinjiang might capitalize on that and claim the right to leave the PRC.

China's Xi Jinping himself is going to Europe for historic trade talks within a week.  They're not going to openly support anything that the EU frowns on while they have high-level meetings like that going on.

Mon, 03/17/2014 - 23:24 | 4561803 zionhead
zionhead's picture

The Chinese are now going all along full speed ahead with CIA ZIO-OIL grabbing.

Why? Just oil? What if the CIA/mossad(zio-neo-con) were to return the TAIWAN colony to the Chinese in return for some favor's that would enrich the tribal oligarchs in China?

Not a day goes by and the MSS ( Chinese Mossad ) is finding rats on the ZIO-PAYROLL.

Tue, 03/18/2014 - 05:03 | 4561793 zionhead
zionhead's picture

Everyone loves a winner. I wonder if PUTIN had lost UKRAINE, what then would be Faber's lullaby for the ZH bedtime story. How about FABER talking about Syria? How about FABER talking about Tazakhstan, given theyr'e next in line to have their OIL grabbed by TEAM-ZIO. Also note that FABER never mentions club-zio, its like they don't exist, ...

Mon, 03/17/2014 - 23:33 | 4561824 zionhead
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This is very important because the occupation or say the referendum (ph) in Crimea and Crimea moving to Russia gives essentially a signal to China that one day they can also move and seize some territory that they perceive that belongs to them. - FABER

*

Excuse but my the same stupid argument what strategic importance is the TAIWAN COLONY ( 72nd US state ) to the USA? Nada nothing, ...

Taiwan will be sold to CHINA, but for a price.

*

ZIO-Olgiarchs wanted EURO's that's why the tried to steal UKRAINE. PUTIN simply didn't play along, ...

The USA may have paid for the UKRAINE COUP, but lets remember that TEL-AVIV has a back-door to the FED-RES where they can can get unlimited FIAT in the trillions.

The USA may have paid for the UKRAINE in funny-fiat, but the USA hasn't have shit to do with the UKRAINE, other than the USzio MSM talk-shit and sell ZIO-CON theft.

*

Faber keeps the narrative going that the USA charade is real, but we all know that WASH-DC is circus act ran from tel-aviv, and we know that the USD is infinite-fiat, and the US-MIL is MERC's ran by the CIA/MOSSAD on the behalf of the ZIO-NEO-CONS.

*

Will China go down during a world depression? Fuck yes. Will metals drop price? Fuck yes.

*

The only thing I see here that gives FABER 'street cred' is that he's saying "PUTIN DID RIGHT".

That said the CHINESE are now bitches on the leash of the zio-neo-con's, and that indirectly means that FABER might love PUTIN, but now he fears CHINA, because CHINA is now part of zio-neo-con.

Tue, 03/18/2014 - 02:49 | 4562069 enloe creek
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theres going to be a referendum in west texas to see if the people want to be annexed by mexico so load up the relatives and go vote early and often

Tue, 03/18/2014 - 05:42 | 4562148 zionhead
zionhead's picture

To bad the anti-zio crowd has no money, otherwise we would all pull our google nickels and fund this kind of special election.

Only the zio's have free infinite FIAT,...

We could only dream if everyone at ZH had a backdoor to the FED. We could fund all kinds of crazy COUP's all over the world.

*

Free Texas, Return it to the Mexicans .... YEH and FREE the PNW too and return it to ECOTOPIA.

Let WASH-DC be a city-state prison, and let them fuck/tax each other to death. YEH

Mon, 03/17/2014 - 23:38 | 4561836 IndyPat
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....doesn't want to legitimate the notion of secession, because Tibet and Xinjiang might capitalize on that and claim the right to leave the PRC.

Yeah, there's that.

Never mind that Putin is essentially doing what the guy on our $5 dollar toilet paper did...and with a hell of a lot less blood and whatnot..

You know the "we must preserve the Union thing". That'll prolly come up here again, soon enough.

Better that we mind our own fucking beeswax. We have our own pit of vipers to deal with.

Mon, 03/17/2014 - 23:39 | 4561841 Sizzurp
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Maybe Ukraine is the deception, something to distract Putin, while the real dream taking down Syria for a gas pipeline gets revisited.  Hard to say exactly what is going on.  So far US policy in Ukraine doesn't make much sense, unless it's all a ruse to get Putin's forces fully committed.

Tue, 03/18/2014 - 01:39 | 4561999 socalbeach
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That's what I thought, but now I'm more leaning to the idea that Ukraine was a poorly thought out operation by the West, and they are about to, or have already folded.  See Freddie post above.

That's not to say the warmongers in DC won't try something else soon.

Tue, 03/18/2014 - 06:26 | 4562202 ltsgt1
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Ukrain is a poorly thought out operation by a couple of nerds whom were drunken with new found power.

It's like watching a bunch of little skinny nerds wearing muscle shirts picking on an old gangster and got their ass kicked.

I consider myself to be a patriotic American. It sicken me to admire a despot like Putin. He is a leader I wish we had.

Mon, 03/17/2014 - 23:49 | 4561863 semperfi
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Dear Mr. Putin,

 

I am sorry that our (US) idiot leadership deliberately created a mess in your backyard, to try to tilt Ukraine the way it wants to.  If it was up to me I would stay completely away - its none of our business.  I have to commend the way you are handling the situation.

Tue, 03/18/2014 - 06:37 | 4562214 ltsgt1
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Man, you took the words right out of my mouth. It's really embarrassing that after the Syria fiasco, we shot ourselves in the foot once again.

I always thought of Obama as an imature and unqualified leader. I voted for McCain, he is just as embarrassing as Obama regarding the handling of Syria and Ukrain.

Mon, 03/17/2014 - 23:49 | 4561864 IndyPat
IndyPat's picture

The minute Putin says "boo" on the East Ukraine boarder, every swinging dick with a rifle on the east end of Ukraine is gonna call bullshit on this, turn hard west and put boot to ass in Kiev.
Betcha.
I'm sure some of the Ukrainian Infantry heard a few stories about how shit went down in South Ossetia, the last time a satellite nation got cozy with Uncle Sam and got too big for their britches.

Bitchez.

There was hell to pay.

Mon, 03/17/2014 - 23:58 | 4561878 zionhead
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PUTIN has his hand's full,

He's got a war down in SYRIA, and the ZIO's have ignited a brush fire in Kazakhstan, soon there will be probably another 3+ fronts for PUTIN to battle.

It's going to make UKRAINE look simple.

Now that PUTIN has CRIMEA that is 'choke point' for fuel flowing to Europe that was all this is about, he who controls the flow of 'heating oil' to EUROPE get's the EURO's.

Everybody in RUSSIAN wants EURO's, sadly everybody in TEL-AVIV wants EURO's too.

*

Just study a map of any country's around the Russian Border that ZIO's can engineer a COUP, and you'll see another hot-point.

I think the CIA/MOSSAD has these 'arab-springs' down to a solid formula now, ..

Russian oil interests can be thought as a octupus, and the ZIO's con's are going to chop off ALL the arms.

Tue, 03/18/2014 - 00:25 | 4561919 zionhead
zionhead's picture

Mark Ames, a Moscow-based Jewish American oligarch

Yep, ... move along ...

You got to love it when the ZIO's control the MSM, and the so called ALT-MSM as well.

Tue, 03/18/2014 - 03:48 | 4562107 Volkodav
Volkodav's picture

You just make stuff up to get downvoted?

Tue, 03/18/2014 - 05:38 | 4562144 zionhead
zionhead's picture

Google "Mark Ames", ... learn about this guy

Just like Fareed Zakari pimping Israeli First shit, but this guy Ames is a zio-pimp in russia,... so fucking what? What is special about alt-zio?

Whose side are you on? The good guys or the bad guys,...  I think you want people to think your in Russia, but clearly Mark Ames is a hack for the ZIO-ALT, ... that's a fact, why don't you google this guy, unless he is you?

Downvote means I'm telling the truth, Upvote means circle-jerk.

I don't vote on principal,

WRT your question, I don't give a fuck about ZH voting, its a game for children.

Tue, 03/18/2014 - 00:48 | 4561909 Volkodav
Volkodav's picture

Actually Ukraine helped arm Saakasvilli. 

Ukrainians were on the ground.

At least one female Ukrainian sniper killed there (confirmed) and another reported by locals.

Tue, 03/18/2014 - 00:06 | 4561888 q99x2
q99x2's picture

Goodamn vicious circle to the downside steamrolled over the freakin green shoots--Again!

Tue, 03/18/2014 - 00:11 | 4561898 IndyPat
IndyPat's picture

Syria? Kazakhstan?

Nigga, please....

Obama's merry band of Rental Q'uida? How they doing these days? Not so well, or we'd certainly be hearing how successful they are at spreading freedom and the eating of hearts and minds to all and sunder.
Except we haven't cause they are getting theirs asses handed to them.
The Cockblock is still in place. Merikins just weren't haven' it and we could give two shits for Ukraine either.

Kazakhstan? Wow. Ok.

I think Putins got a handle on Obama and the Brussels boys.

And who's army is spread thin, exactly? NATO got this? Fuck no they don't because we are NATO and we are tired of fighting.

Putins got lots of cards to play yet, we before anyone starts lighting wicks on ICBMs.
So pay your fucking fuel oil bill and quit bitching. You don't have an army and ours is a little tired...from spreading freedom and all.

Tue, 03/18/2014 - 00:19 | 4561911 zionhead
zionhead's picture

What I'm reading: Will Russia make a play in Kazakhstan?
CNN (blog)-Mar 13, 2014
By Fareed Zakaria. “There are signs of disapproval by the ruling elite in Kazakhstan regarding the Russian military involvement in Ukraine,” ...

Kazak*http://globalpublicsquare.blogs.cnn.com/2014/03/11/what-im-reading-will-...

Ukraine*http://www.washingtonpost.com/opinions/fareed-zakaria-on-ukraine-obama-m...

Read the above carefully, the ZIO's are already in place in Kazakhstan ready to pounce that country in defending it from PUTIN, ... all is moving along according to plan, the MSM-AIPAC started putting this out almost 2 weeks all fed by Fareed Zakaria.

Tue, 03/18/2014 - 01:00 | 4561965 IndyPat
IndyPat's picture

It's not that I don't believe you or that the zios want this.

It's just that nobody is buying the bullshit the zios are selling.
Not even your run of the mill Repub, if there are any.
The two party thing...even people who aren't political...the sense it's a sham.
Rose Revolutions. Arab Springs. They over played it....and it blew back on them.
No ones biting anymore. False flags get taken apart on Reddit faster than the crisis actors can spread the fake blood on the scene. Its like seeing the zipper on the back of Gozilla. It just doesn't work any more.

The only fighting that needs to be done is here.

Tue, 03/18/2014 - 01:52 | 4562015 zionhead
zionhead's picture

I have a hi-jacked airplane to sell you and its in Kazak, with a nomen of MH-370,...

The USA/CHINA have the perfect cover to 'invade' kazak looking for the plane.

Better yet 'if' the plane is 'found' that's the perfect cover for OBAMA to have his own 911 moment and INVADE KAZAK

They will because they CAN.

Nothing needs to be SOLD, a HINDENBURG can be created any day of the week, and all the minions will go along with the crusade, even though just like SYRIA it was orchestrated with CIA FIAT dollars.

Tue, 03/18/2014 - 03:52 | 4562111 TheGoldMyth
TheGoldMyth's picture

zionhead..you could get a job being a sport commentator.

Tue, 03/18/2014 - 04:53 | 4562143 zionhead
zionhead's picture

The Howard Cosell of Zionheads, whoops I meant ZH. :(

Tue, 03/18/2014 - 03:59 | 4562116 Independent
Independent's picture

I was thinking if you TILTED your head to the other side (right side) maybe you would espouse a totally different set of wild theories.

Tue, 03/18/2014 - 01:13 | 4561974 IndyPat
IndyPat's picture

Also:

....the ruling elite in Kazakhstan...

Say that in front of a mirror and try to keep a straight face. Be honest. Could you do it? I couldn't either, don't feel bad.

Seriously, if the ZIOS want this, they are going to have to do it themselves.
You think Ukraine and Syria were a hard sell?

Zero fucks for Kazakhstan or their ruling elite will be given for many centuries. Promise.

Tue, 03/18/2014 - 02:25 | 4562019 zionhead
zionhead's picture

In a world that will KILL/RAPE their mother/grandma/grandpa for USD's, in a world where parents will eat their infants child's LIVER for USD's...

Yes, the ZIOS Trillionaires can have what ever they want on earth, and the PUTIN or GORBY will ask "WOULD YOU LIKE IT GIFT WRAPPED"

Infinite FED FIAT, can and will burn the world to the ground.

Tue, 03/18/2014 - 04:50 | 4562141 zionhead
zionhead's picture

Borat comes to my mind, but isn't 't he now living with Pamela Anderson in LA?

....the ruling elite in Kazakhstan...Who come's to mind?


Tue, 03/18/2014 - 01:56 | 4562020 Lin S
Lin S's picture

You need to post more often, LOVE your wit!  = D

Tue, 03/18/2014 - 07:02 | 4562227 ltsgt1
ltsgt1's picture

Kazakhstan?

I think it's all about Qatar's natural gas. Politicians from both side of the aisle must have been paid well to path ways to get the gas out of Qatar. Nobody gives a flying f$$k about freedoms in Syria, Ukrain, Libya or Iraq.

Iraq was about petro dollar vs petro euro. Libya was about gold vs euro. Syria is about Qatat's gas. Ukrain, I'm not too sure but I think it's also about American politicians getting pay to expand Qatar energy businesses.

Tue, 03/18/2014 - 16:08 | 4564603 headhunt
headhunt's picture

"You don't have an army and ours is a little tired...from spreading freedom and all."

Our Armed Forces are only sick and tired of being directed and run by leftist PC children and their sycophants.

With an actual Commander in Chief our forces would kick ass but until then 'duck and cover' bitchez.

Tue, 03/18/2014 - 02:17 | 4562039 Rock On Roger
Rock On Roger's picture

Freddie linked this on another page.

Very good.

 

Stack On

Tue, 03/18/2014 - 02:31 | 4562056 zionhead
zionhead's picture

Most excellent, why in the name of Moses can ZH not post this? As an OP on top? An educate the children?

***

US foreign policy is not run by diplomats, but by politicians.

The main thing to understand about the US foreign policy is that it is basically run by people who have no experience
or even understanding of diplomacy and its purposes.

It's not only Mrs Nuland and her famous "fuck the EU!" - it's also Kerry and his constant lies and zig-zags, it is Mrs Rice with her arrogant and always bellicose threats towards Russia and many other countries, finally, it is also Obama himself who combines imperial hubris with a truly phenomenal level of hypocrisy. The very notion of negotiating anything is profoundly foreign to these Imperial leaders who strongly believe that to truly negotiate is basically a sign of weakness. For them, the only thing which can be negotiated is the other guy's acceptance of all US terms and conditions. And if that does not happen, the the US will basically threaten to bomb the other side into submission. Long gone are they days of George H.W. Bush and his brilliant Secretary of State James Baker who understood how much careful diplomacy and negotiations can achieve. The Kerry/Rice generation basically believes that they can tell everybody else want they want, and if that does not work, then brute force (whether threatened or actual) will solve the problem anyway. This is why the US never agreed to negotiate with Gaddafi or Assad and this is why all the offers made by the Russians to find a negotiated solution were systematically rejected.

Tue, 03/18/2014 - 02:35 | 4562061 zionhead
zionhead's picture

"make no mistake about that RUSSIA IS READY FOR WAR". I meant that literally and I still think that this is true: the Russian people have suffered too much during WWII to let any neo-Nazi thugs terrorize their fellow Russian again.

*

Right this guy get's IT, this is why PUTIN had to protect CRIMEA at all costs from the 'rent-a-nazis' sent by TEAM-LURCH.

Tue, 03/18/2014 - 02:40 | 4562063 zionhead
zionhead's picture

We can only pray this is true ...

***

What is next for the AngoZionist Empire?

Externally, nothing much really. It will be business as usual. Neither Russia nor China will do anything reckless to provoke the USA which, just as the Russia of the 1990s, will remain a nuclear superpower and one of the major military powers on the planet with which no country will dare ignore. But the myth of US omnipotence is now gone, forever. Furthermore, Europe will have to bear the brunt of the consequences of having to manage the gradual transformation of Banderastan into something reasonable and non-threatening. The EU will sink further in its economic and social crisis and some other crisis will replace the Ukraine in the news.

Historians will probably look back at the month of February 2014 as the moment when Russia successfully beat back the combined power of the USA and Europe and prevailed.

Tue, 03/18/2014 - 00:56 | 4561961 drendebe10
drendebe10's picture

After reading all this, yak herding in Patagonia sounds pretty good about now...

Tue, 03/18/2014 - 01:03 | 4561968 IndyPat
IndyPat's picture

Name aside, what's yak taste like?

I'm hoping you say chicken. If so, I'm in.

Tue, 03/18/2014 - 01:17 | 4561976 Rogue Economist
Rogue Economist's picture

Latest Frosbite Falls Daily Rant on the Crimean Referendum and latest Collapse Cafe on Ukraine now up on the Doomstead Diner.

RE

Tue, 03/18/2014 - 01:26 | 4561986 mrmister
mrmister's picture

Saw this link posted at another site. Supposedly Russian ship off Florida maybe escorting subs.

http://www.fromthetrenchesworldreport.com/watching-the-russians-off-flor...

Tue, 03/18/2014 - 07:00 | 4562030 Sword61
Sword61's picture

I agree with Marc's perspective here to a very large degree. Im not so sure that Russia wont annex Eastern Ukraine as well but in a politcal and strategic sense Putin had to move on the Crimea to protect Russian interests. I think that the US understands this but fears the ramifications of the show of  force because it sets the stage for similar moves by other great powers (other than themselves where it is perfectly ok to intervene SARC )

Obama has to make the right noises but be very gentle how he handles ostracising the Russian Federation. There is little to gain here

Tue, 03/18/2014 - 02:30 | 4562055 Manipuflation
Manipuflation's picture

Dump the UST you have Russia and China before I die of old age.

Tue, 03/18/2014 - 03:50 | 4562109 Volkodav
Volkodav's picture

hang on...

Tue, 03/18/2014 - 08:38 | 4562484 therearetoomany...
therearetoomanyidiots's picture

Noooo....not until the sale of my house completes next month!

Tue, 03/18/2014 - 03:50 | 4562110 schatzi
schatzi's picture
"Putin Did The Right Thing" Says Marc Faber

 

He never fucking said that. Leaving out the essential part of: "from his perspective" makes it a completely different statement. It's a vacuous statement nonetheless. Hitler did the right thing too ...... from his perspective. Hip hip fucking hurray.

 

ZH is extremely opinionated and slanted at the best of times, which makes it valuable in a sanitized mainstream media world of political correctness. It adds a new perspective which - when combined with other media, creates a more whole picture, but some of the shit being posted here lately is just cringeworthy.

 

For those Putin fanbois, ask yourself this question: Russia is a diverse country with many ethnic groups and territories that would love to form their own state. Would Putin allow the creation of independent states in "his" territory? Or are sovereign borders suddenly more important? USSR did some massive landgrabs the last 150 years. Much of that is hardly "Russian" yet no one is questioning their right to hold onto that. Putin is no democrat. He doesn't give a shit about minority rights, human rights, freedoms or anything that would question his grip on power. Criticize our western leaders as much as you want, because there is a lot to criticize, but don't ever make the mistake of believing guys like Putin offer a better alternative. He is dangerous. Very dangerous.

Tue, 03/18/2014 - 04:07 | 4562120 Independent
Independent's picture

Maybe just maybe the groups on the East side of Russia realize if they go solo China will gobble them up. Trust me they would much rather have Russia and the autonomy they enjoy than Han Chinese doing the Tibet thing on them.  Everyone in that region since ancient times has had to fight the Chinese incursions at some point in time.  The locals would much rather marry a hot Russian girl than what China has to offer.  And maybe just maybe quite a few people believe in Ghenghis' dream of a nation from the shores of the Black Sea to the Pacific.

Tue, 03/18/2014 - 04:12 | 4562123 Sandmann
Sandmann's picture

China is second largest foreign investor in Ukraine

Tue, 03/18/2014 - 04:16 | 4562125 Sandmann
Sandmann's picture

USSR only created in 1925. The US and Britain have a history of land-grabs and annexation of territory more than Russia or Germany.

Just how did the US acquire Texas ? Hawaii ? Puerto Rico ? Guantanamo ?  How did Britain end up with the world's largest collection of islands and the greatest empire in world history ?

Name one country Britain has not fought in history ?

Tue, 03/18/2014 - 04:26 | 4562130 Ghordius
Ghordius's picture

Sandmann, you make it sound as if Britain had once invaded and burned the White House down in response to the US trying to grab some Canadian territory or something

yet I somewhat agree with Schatzi

Tue, 03/18/2014 - 04:09 | 4562119 Sandmann
Sandmann's picture

It turned out fine. Benes should not have tried to destroy German culture in Sudetenland which was majority German. The French did not want to honour their 1925 treaty with Prague and Britain did NOT have any treaty. It was France that encircled Germany in 1923-1927 period not Britain.

Woodrow Wilson had his 14 points but they did not apply to Germans who had to live under foreign rule in the former Austro-Hungarian Empire. I note the US did not think Jews should live under Arab Rule in Palestine and worked to undermine the British Mandate.

BTW just how did the US annex Hawaii ?

Danzig was a 95% German city under League of Nations protection but the Polish military junta still tried to destroy its ties to Germany. Chamberlain was tricked by Colonel Beck, Polish Foreign Minister who lied to him about negotiations with Berlin to get a guarantee in March 1939 just as Austria-Hungary had a German guarantee in August 1914 when dealing with Russia and Serbia

Go Read  https://en.wikipedia.org/wiki/Pact_Ribbentrop_-_Beck

http://www.paktrb.pl/

Tue, 03/18/2014 - 05:03 | 4562147 vyeung
vyeung's picture

geopolitics not your area of expertise, stay on focus. Money management and Asia.

Tue, 03/18/2014 - 05:30 | 4562164 Dollar Bill Hiccup
Dollar Bill Hiccup's picture

Putin's coming for Brighton Beach bitchez ...

Tue, 03/18/2014 - 05:46 | 4562174 Volkodav
Volkodav's picture

shhhh...

Tue, 03/18/2014 - 05:58 | 4562183 no more banksters
Tue, 03/18/2014 - 06:18 | 4562201 RadioactiveRant
RadioactiveRant's picture

Putins won the battle but he won't win the war. Long term this will lead to Europe weaning itself off Russian energy, which account for 70% of Russian exports. Oil and gas are easy but nuclear and renewables will be looking ALOT more attractive following these shenanigans. China for reasons that have been discussed ad nauseum on ZH won't be taking up the slack.

For global stability this also spells trouble as its become obvious that any country without nuclear weapons are fair game for a territorial grab, whether you have a military pact signed or not.

Hot war or no I'd be sniffing around for some bargain long positions in defence.

Tue, 03/18/2014 - 06:36 | 4562213 The wheels on t...
The wheels on the bus are going to fall off's picture

How do the Developed Economies actually wean themselves off Russians Energy in the short term or even the medium term? without serious reform that needs to happen now?

They tried to do this through Qatar who is the leading exporter of LNG (the preferred energy resource instead of Oil) but Qatar needed to run a pipeline through Syria....unfortunately Assad gave Qatar and EU/US the middle finger and decided to sign a deal to accept a gas pipe from Iran backed by Russia. Hence the Civil war that has lasted 3 years in Syria.....

Its simple for me Putin is playing chess, and its close to check mate....the developed world need energy to increase there GDP to meet there exuberant future debts, Russia is the mastermind in controlling this.

Africa luckily can support the developed nations but China are coming in and making serious trade deals and acquisitions that will rumble the current trade relations.

The problem we find is that the west is so heavily in debted with there shit QE policy is that they the only way to outstrip this debt is to grow exponentially, new energy is vital to this growth which is being controlled by Russia, The arabs have lied about there oil supplies, Iran are the next king of middle east because they have side rolled Qatar and China are impacting the US's ability to export for growth by devaluing there currency.........

This is economic warfare and a paradign shift of wealth from West to East,

Crimea is a part of energy control, exploration of the black sea has gone into over drive....

Tue, 03/18/2014 - 07:47 | 4562301 RadioactiveRant
RadioactiveRant's picture

The UK has a number of options that could replace gas that have been shelved partially for environmental reasons (loss of bird habitat, etc..), such as the Severn Tidal Fence, increasing wind and solar installation, investment in insulation. Continental Europe can reassess fracking, etc.. Dependance of Russia has been decling for some time, this will accelerate it.

Tue, 03/18/2014 - 10:54 | 4563059 The wheels on t...
The wheels on the bus are going to fall off's picture

That maybe one story, but the other story is that they cannot create this economically and for it to sync with the existing economy.......

Its ok saying we can change to solar or wind, does that mean we abandon all the transport in the UK right now running on gas and replace this with solar powered tomorrow? lets be realistic we are miles behind the curve for new energy our lives depend on it and will do for the next decade without real change.

Tue, 03/18/2014 - 07:02 | 4562223 headhunt
headhunt's picture

Everyone says Putin is playing chess and he may be but these moves come with consequences. Europe does not think it is a game (not sure about 0bama) and countries have long memories.

Funny how Putin has followed the 'Thunderdome' script, sitting on the shoulders of the murderers who came before him.

Tue, 03/18/2014 - 07:37 | 4562278 Chuck Knoblauch
Chuck Knoblauch's picture

Crimea would still be part of Ukraine if Neocons had stayed away.

Tue, 03/18/2014 - 07:55 | 4562328 esum
esum's picture

with Clapper Dempsey and Hagel advising the interloper in the WH we woudl be beeter off with Puxatony Phil giving advice... from the looks of the ussa foreign policy.... maybe he is....

putin and whoever runs china need to come up with a catchy phrase like MANIFEST DESTINY..... or MONROE DOCTRINE to sell thier expansioist revisionist plans... comeon guys get 21st century wont ya.. MOTHER RUSSIA just doesn't resonate... 

 

Tue, 03/18/2014 - 08:36 | 4562390 therearetoomany...
therearetoomanyidiots's picture

My only question is, does everyone really believe that the brains in washington, and of course the 'smartest man in the room, "Oblunder" didn't know what was going to happen if they tried this?  

Isn't this how the implement total world government...when the 'overlords of freedom and democracy' overstep their bounds?  

Always keep an eye on the other hand...

On the other hand, maybe our guys just are that ham-handed and have lack of forethought due to arrogance and hubris.  Either way, doesn't wrk out well for us.

 

EDIT:  "...strategically most important for Russia. It has practically no meaning strategically to the United States or to Europe. But for Russia it’s very important."

Doesn't this seem oxymoronic to anyone but me...I mean, wasn't this about destabilizing Ukraine to get them to join EU to get a foothold to finally surrounding the bear with missles?   Cutting of access to the black sea?   No?

Tue, 03/18/2014 - 09:00 | 4562549 nah
nah's picture

felons teach us give the mad man what he wants, or he will go to prison

Tue, 03/18/2014 - 13:46 | 4564215 Jim Shoesesta
Jim Shoesesta's picture

Is it me, or are Faber and Rogers dodling old geezers who don't know what they said 6 months ago? 

Mon, 03/24/2014 - 13:24 | 4586105 fedupwhiteguy
fedupwhiteguy's picture

If we are to see a downward pressure on raw goods commodities will we also see a downward trend in Gold when liquidity dries up in China. Will China's inability to continue to make huge purchases of PM's drive those prices down also? I don't see how it can drop so low as to affect the miner's already slim margin. BTW, I'm looooooong gold. I'd actually like to continue to purchase throughout the year.

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