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Petrodollar Alert: Putin Prepares To Announce "Holy Grail" Gas Deal With China
If it was the intent of the West to bring Russia and China together - one a natural resource (if "somewhat" corrupt) superpower and the other a fixed capital / labor output (if "somewhat" capital misallocating and credit bubbleicious) powerhouse - in the process marginalizing the dollar and encouraging Ruble and Renminbi bilateral trade, then things are surely "going according to plan."
For now there have been no major developments as a result of the shift in the geopolitical axis that has seen global US influence, away from the Group of 7 (most insolvent nations) of course, decline precipitously in the aftermath of the bungled Syrian intervention attempt and the bloodless Russian annexation of Crimea, but that will soon change. Because while the west is focused on day to day developments in Ukraine, and how to halt Russian expansion through appeasement (hardly a winning tactic as events in the 1930s demonstrated), Russia is once again thinking 3 steps ahead... and quite a few steps east.
While Europe is furiously scrambling to find alternative sources of energy should Gazprom pull the plug on natgas exports to Germany and Europe (the imminent surge in Ukraine gas prices by 40% is probably the best indication of what the outcome would be), Russia is preparing the announcement of the "Holy Grail" energy deal with none other than China, a move which would send geopolitical shockwaves around the world and bind the two nations in a commodity-backed axis. One which, as some especially on these pages, have suggested would lay the groundwork for a new joint, commodity-backed reserve currency that bypasses the dollar, something which Russia implied moments ago when its finance minister Siluanov said that Russia may refrain from foreign borrowing this year. Translated: bypass western purchases of Russian debt, funded by Chinese purchases of US Treasurys, and go straight to the source.
Here is what will likely happen next, as explained by Reuters:
Igor Sechin gathered media in Tokyo the next day to warn Western governments that more sanctions over Moscow's seizure of the Black Sea peninsula from Ukraine would be counter-productive.
The underlying message from the head of Russia's biggest oil company, Rosneft, was clear: If Europe and the United States isolate Russia, Moscow will look East for new business, energy deals, military contracts and political alliances.
The Holy Grail for Moscow is a natural gas supply deal with China that is apparently now close after years of negotiations. If it can be signed when Putin visits China in May, he will be able to hold it up to show that global power has shifted eastwards and he does not need the West.
More details on the revelation of said "Holy Grail":
State-owned Russian gas firm Gazprom hopes to pump 38 billion cubic meters (bcm) of natural gas per year to China from 2018 via the first pipeline between the world's largest producer of conventional gas to the largest consumer.
"May is in our plans," a Gazprom spokesman said, when asked about the timing of an agreement. A company source said: "It would be logical to expect the deal during Putin's visit to China."
Summarizing what should be and is painfully obvious to all, but apparently to the White House, which keeps prodding at Russia, is the following:
"The worse Russia's relations are with the West, the closer Russia will want to be to China. If China supports you, no one can say you're isolated," said Vasily Kashin, a China expert at the Analysis of Strategies and Technologies (CAST) think thank.
Bingo. And now add bilateral trade denominated in either Rubles or Renminbi (or gold), add Iran, Iraq, India, and soon the Saudis (China's largest foreign source of crude, whose crown prince also happened to meet president Xi Jinping last week to expand trade further) and wave goodbye to the petrodollar.
As reported previoisly, China has already implicitly backed Putin without risking it relations with the West. "Last Saturday China abstained in a U.N. Security Council vote on a draft resolution declaring invalid the referendum in which Crimea went on to back union with Russia. Although China is nervous about referendums in restive regions of other countries which might serve as a precedent for Tibet and Taiwan, it has refused to criticize Moscow. The support of Beijing is vital for Putin. Not only is China a fellow permanent member of the U.N. Security Council with whom Russia thinks alike, it is also the world's second biggest economy and it opposes the spread of Western-style democracy."
This culminated yesterday, when as we reported last night, Putin thanked China for its "understanding over Ukraine." China hasn't exactly kept its feelings about closer relations with Russia under wraps either:
Chinese President Xi Jinping showed how much he values ties with Moscow, and Putin in particular, by making Russia his first foreign visit as China's leader last year and attending the opening of the Winter Olympics in Sochi last month.
Many Western leaders did not go to the Games after criticism of Russia's record on human rights. By contrast, when Putin and Xi discussed Ukraine by telephone on March 4, the Kremlin said their positions were "close".
The punchline: "A strong alliance would suit both countries as a counterbalance to the United States." An alliance that would merely be an extension of current trends in close bilateral relations, including not only infrastructure investment but also military supplies:
However, China overtook Germany as Russia's biggest buyer of crude oil this year thanks to Rosneft securing deals to boost eastward oil supplies via the East Siberia-Pacific Ocean pipeline and another crossing Kazakhstan.
If Russia is isolated by a new round of Western sanctions - those so far affect only a few officials' assets abroad and have not been aimed at companies - Russia and China could also step up cooperation in areas apart from energy. CAST's Kashin said the prospects of Russia delivering Sukhoi SU-35 fighter jets to China, which has been under discussion since 2010, would grow.
China is very interested in investing in infrastructure, energy and commodities in Russia, and a decline in business with the West could force Moscow to drop some of its reservations about Chinese investment in strategic industries. "With Western sanctions, the atmosphere could change quickly in favor of China," said Brian Zimbler Managing Partner of Morgan Lewis international law firm's Moscow office.
Russia-China trade turnover grew by 8.2 percent in 2013 to $8.1 billion but Russia was still only China's seventh largest export partner in 2013, and was not in the top 10 countries for imported goods. The EU is Russia's biggest trade partner, accounting for almost half of all its trade turnover.
And as if pushing Russia into the warm embrace of the world's most populous nation was not enough, there is also the second most populated country in the world, India.
Putin did take time, however, to thank one other country apart from China for its understanding over Ukraine and Crimea - saying India had shown "restraint and objectivity".
He also called Indian Prime Minister Manmohan Singh to discuss the crisis on Tuesday, suggesting there is room for Russia's ties with traditionally non-aligned India to flourish.
Although India has become the largest export market for U.S. arms, Russia remains a key defense supplier and relations are friendly, even if lacking a strong business and trade dimension, due to a strategic partnership dating to the Soviet era.
Putin's moves to assert Russian control over Crimea were seen very favorably in the Indian establishment, N. Ram, publisher of The Hindu newspaper, told Reuters. "Russia has legitimate interests," he added.
To summarize: while the biggest geopolitical tectonic shift since the cold war accelerates with the inevitable firming of the "Asian axis", the west monetizes its debt, revels in the paper wealth created from an all time high manipulated stock market while at the same time trying to explain why 6.5% unemployment is really indicative of a weak economy, blames the weather for every disappointing economic data point, and every single person is transfixed with finding a missing airplane.
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@LawsofPhysics
Let me be the first to announce that Russia and China should issue a new supercurrency: the Rubmi (RUBle + renMInbi). Then we could also have the Petrorubmi. Alternatively, they could shoot for Rubbi, but that's already kinda taken.
Didn't they already talk about this in 2010?
So, with enough "Rubmi" a genie pops out?
Obama/Soros plan (and profit) is to reduce the buck to a fuck. How de' doin' so far?
Sighted PetroDollar...Sank Same!
keep stackin...
or hop aboard the soup line express...
God yes, please let it happen.
Dear mister Putin,
I know that Brussels is doing a great job in dismantling the European Union but
can you pretty please help to expedite this process by turning off the gas.
I know that without the EU we risk having an inter european war and perhaps we have to return our Nobel peace price but everything is better then being governed by this bunch
of morons.
An unwillingly made European citizen.
"verything is better then being governed by this bunch
of morons."
Alrighty then, Atila will be along shortly...
War = economic contrition
If Abe hadn't shat his brains out in a bout of explosive diarrhea, he'd be using leverage to get the Northern Isles issue resolved, secure the LNG he needs for the next century, and get China to back off the Senkakus. But no, he's a fuckin' idiot.
Abe is DC's man. He will do what he is told.
The Japanese power elite continue to believe that the West will accept them as an equal. They suffer from Battered Wife Syndrome.
Make no mistake, Japan is a US colony that pays tribute in the form of buying our debt.
Are we still doing that? I thought our pensions and savings accounts were bailing ... er ....buying our debt.....
It's gonna be a suicidal mission for Russian/China, but I'm "glad" someone is undertaking it.
Blood will be shed in the process, however.
Insightful and backed by great arguments!
Now, if only Canada were to throw its resource economy into the pot as well............
Ooops!
Looks like the Corporate governmental corporation known as U.S. of America Inc. just dropped the soap.
The BRIICS countries WILL be taking turns on the "opportunities" this development presents...
Dropping the word petro from the dollar makes the paper about as useless as hubcaps on a tractor.
/popcorn
I strongly disagree.
These developments will hurt the US economy and they are bad for the US. The whole world is almost driven away from the USD.
It's a greate xample, how an alien clique, Zionists, have taken over the US and are comitting a criminal foreign policy that will ultimately destroy the US's power.
One cannot admire Putin's and Lawrov's foreign policy enough: from a defensive role and encirclement, they are making the best steps to avoid strangulation, without giving the Globalists an excuse to get the war they want.
If the deal with China really develops in a direction, that also India and the Saudis turn away from the Petrodollar, then Putin could even have the decisive card in his hand:
Who controls Germany controls Europe.
If he would open the archives about the Holohoax, then he could pulverize the post world war 2 order: the FRG is built on nothing but support for the Jews and eternal German guilt. That's the main tool to keep the Germans down and USrael in. If Putin would support objective historical examination, then the Germans could no longer be kept down by the Zionists. And that would lead to liberation of Europe. With dramatic consequences for USrael itself. For example if it loses the capability to skim billions of $ every year by economic and scientific espionage. That would probably lead to an implosion of the USD and also offer the people of the USA, with the collapse of the regime, to get their country back.
Well if USSA that doesn't want to take its orders from Nettynutjob, it must be garoted. Time to offshore the Hollywood and MSM skunk, if you want actual changes, because the 'culture' (extreme perversion) they have created is poisonous to humans. The US is never going to getting better until that crap is put out of our misery and plowed-under and left to rot.
They won't garot the US completely though, as if they did, what then would have in terms of friends and allies? Zip!
So they must reuse the old condom until it's truly flogged-out and knackered.
Here is something interesting involving Germany.
http://news.nationalgeographic.com/news/2011/06/pictures/110621-celtic-princess-tomb-gold-amber/
It's far from over.
This is pure ZH propaganda. I can as easily turn the table on the same arguments/facts: By abstaining at the SC, China did show a good gesture to the US, for not vetoing. There is no way the Russian expansion in Crimea will be seen positively by China, which shares thousands of miles with Russia. The Chinese will actually encourage retaliation from the West, to keep the Russians busy in Europe. Besides, it is in nobody's interest- neither Russia's nor China's- to trade in gold, let alone even dream that China would welcome paying for Russian energy in gold....
nobody's interest....?
Well, certainly not for greasy unskilled soft money grubbers.
Seriously?!?
DaddyO
LOL.
Can I have some of that chronic you're smoking?
is that you Warren????
They do not have to trade in Gold. All Russia needs to be willing to do is trade for Yuan. The Chinese Manufactured goods will be exported to Russia instead of the USA.
Actually it will be a better and fairer deal for both countries. Goods and Services for Goods and Services and not an empty promise to pay Goods and Services in the future. (That is what a Currency actually is when it comes down to the Brass Tacks of it.)
Additionally the Russians have been working on the Bilateral Trade Agreement for awhile. This is not news. The implementation will be.
Our leaders in the West have got to be the most inept people of all of History.
Goodbye Petrodollar. It was nice while it lasted. Forty years of high living are going to come to a close as the greatest experiment in Fiat collapses before our eyes.
I hope that you have some Gold as you will need it. If not you will starve. Your choice.
@confun :
I dont see it really...yes china doesnt want to ruffle any feathers it seems.. BUT as it stands right now..what can china gain from Russia? Oil /gas. (Which is good)
What can china gain from US? Fake money. (Which they already have plenty of)
If you could only choose one..which would it be?
But, but, but ...
What makes you think that the Chinese and Russian governments won't simply trade their FRN's for gold?
Something for nothing, and the chicks for free ...
Well there is not a whole lot of Gold left in the USA. Now somebody else will pickup those FRNs if they have Gold. But they will be stupid to let their Gold go for FRNs.
Because sooner or later there will be a whole lot of people stuck with a whole lot of worthless FRNs without any Gold.
Welcome to the United States in the near future.
Every country right now are having talks on what side to pick....I would be...
Not a hard choice to make. Let's see, if I was a leader of a foreign land would I side with the country that had the natural resourses my country needs, or with the country that has broke consumers of my exports, national debt that equals almost 6 times its assets, and will be bankrupt as soon as their artifically supressed interest rate rises?
Hee hee hee, suck it down
Awwww Man, I was hoping Putin would engage in a little foreplay first {meow meow meow meow - sorry just dealing with the mental image there} anyway I was kind of hoping he would use some of his useless Treasuries to take out the silver market ......all of it..... Cover that you short haired Banktards....
Two central planing socialists crime syndicates walk into a bar.
You go Nationalists. Kick some globalist butt.
Rollin rollin rollin
Keep dem banksters squirming.
Maxcoin +300% last 20 hours.
The answer is Nuclear energy. The germans made a huge error banning it as did the Japanese (despite one very badly positioned plant). Rely on Russian gas at your peril. Find other ways to create cheap energy or bend over.
Oh boy. You sure you want to go here?
Yes i do!
1. Fukushima was an aberration. A badly planned and executed plant.
2. Nuclear is cheap. Period. and no, im not an idiot. see point 1 above.
3. Abenomics would have a lot easier time if the Japanese hadnt reverted to importing all their energy needs
4. When Merkel banned Nuclear energy in Germany, she basically handed victory to Putin. He knows he can turn off the gas at any moment and that Merkel, for all her shouting, can do nothing about it.
My larger point is that Europe in particular needs energy independance. Solar and wind are fun, but for the scale needed, nuclear is the only known alternative.
ALL SYSTEMS FAIL. And Big systems fail in BIG ways.
Go back and read what they were saying about that Fukushima plant when it was being proposed for construction and I am pretty certain that their word sounds an awful lot like your words here. It's called: human hubris.
80 % of France runs on Nuclear. the other 20% is Hydro. Not one single issue. Not one. Fukushima was a huge mistake waiting to happen precisely because it was situated next to the sea. You would have stopped the Moon Mission after the first failed rocket? We learn from mistakes, not hide in a cave.
Vote me down as much as you like, Nuclear is the future for energy independance in Western Europe.
"80 % of France runs on Nuclear. the other 20% is Hydro. Not one single issue. Not one. Fukushima was a huge mistake waiting to happen precisely because it was situated next to the sea."
YET.
France's rivers are getting royally fucked. But, yeah, everyting is great!
"Nuclear is the future for energy independance in Western Europe. "
And the input materials come from where, exactly (and how much is available- keep in mind the atrocious economic situation there- would people be able to afford it?)?
80 % of France runs on Nuclear. the other 20% is Hydro. Not one single issue. Not one. Fukushima was a huge mistake waiting to happen precisely because it was situated next to the sea. You would have stopped the Moon Mission after the first failed rocket? We learn from mistakes, not hide in a cave.
Vote me down as much as you like, Nuclear is the future for energy independance in Western Europe.
Are you living in Europe to understand what we think about nuclear energy?
Was Chernobyl an aberration?
Was Three Mile Island an aberration?
Was Windscale (Gt. Britain) an aberration?
There are other alternatives which you did not list for energy independence...STOP USING MORE Energy than you produce. Or at least slow down.
Create technologies to make Energy Transmission more efficient. Quite a bit of Electrical Energy is lost through Power Lines. before it ever gets to the destination. Developing better conductors with less Resistance will alleviate the Power loss.
Develop Thorium Reactor Applied Technologies. The problem is that the Reactors do not produce as much energy as a Conventional Uranium Cored Power Plant. Added to that it does not produce Weapons Grade Material for Military use. (That is not a bad thing, but it does not serve the demands of the MIC.) Waste products are not as abundant as they are for Conventional Reactors.
I am not an Anti Nuclear Energy proponent.
But it has been demonstrated through the trolling on this website that the Industry is more interested in maintaining an image rather than promoting safety and acting in our best interests. Otherwise they would not be paying people to promote misinformation.
They have demonstrated outright dishonesty in dealing with the Fukushima disaster. They have demonstrated gross incompetence.
This is systemic and it is industry wide.
They have not even been honest about the causes of the San Onofre Nuclear Power Plant Shut Down in Oceanside, CA, USA.
(My bet is that the Power surge from the September 6, 2011 Blackout built up temperatures and pressures so great that the Coolant Pipes fractured. They were not able to shut it down rapidly enough. The plant was not ever Operational after that event. They blamed it on corrosion. I do not believe their story anymore than I believe what garbage reporting which TEPCO spews.) My bet is that you are unaware of the shutdown of San Onofre. It happened 6 Months after the meltdown at Fukushima and was kept out of the media.
They continually behave with gross irresponsibilty. Because of this they are dangerous. When they get conscientious people to operate the Power Plants then it will be much better. But they are far too interested in Public Relations, not dealing with the problems, and allowing existing problems to cascade out of control.
There needs to be a radical change in the approach and the attitude because all confidence has been shattered, in that industry, as well as with the entire World Governments.
And you ask me to support the reopening of these Power Plants???
For a bonus add in Hanford.
None of this has managed to spontaneously arise from nature, which should pretty much tell us that entropy has its number... (watch out!)
Only an idiot would call nuclear "cheap energy" after Fukushima.
Thorium reactors. Put down your WOW account and read.
That's too easy. The elite won't allow it (yet).
Remember telling me over on the Kitco Forum that San Onofre would be operational a couple of years ago?
Just ribbin' you a bit.
Why not find ways to lower your personal consumption and not worry about large scale energy production.
DaddyO
BINGO DaddyO...
You mean we should look to operate more like nature, natual systems (which either are or are close to being sustaining)? Conservation of energy, it's not just a good idea it's the law!
a little off topic but.... I got into playing with off the beaten track junkyard energy themes a while back, a home made parabolic solar concentrator was the toy du jour I had just mirrorized the surface of a relatively small dish but ignorant to the power of concentration i had just left the thing leaning against the side of the garage...... long story short ... the neighbors cat comes by .... I swear I don't know what happened as my back was turned to the scene but there was this unworldly scream and a blinding flash of rocket propelled fur flying across my yard, a few seconds later the unmistakeable smell of singed putty tat quoffed to my nostrils....... yep that was the end of that little experiment . A few days later I heard the neighbors cat was suffering male patern baldness..... cats ok now but he doesn't come near my house anymore....
Be careful when you're playing ........ i guess....
Thanks for sharing. I really DO like energy issues/things. Clearly the cat got "stung;" it would likely never had stood there long enough to take on a threatening dose. However, there's always very sensitive things like eyes, in which case THAT would really be a problem...
All the talk of decentralized power in residential homes makes me a bit nervous. I can see all sorts of bad things happening, and I'm sure that so too can the big insurance sector (who will fight this tooth-and-nail). My neigbors are quite a ways away from me so I personally don't have such concerns.
Forget the neighbor's cat, these types of things might become problematic to aviation, not to mention unwitting birds.
http://gizmodo.com/the-worlds-largest-solar-plant-is-blinding-pilots-1543264192
DaddyO
Don't pay any attention to that, must, um... must distract from the negatives...! </sarc>
And, well, this is exactly the problem with the "technology will solve all problems" hubris. We cannot plan for things we do not know about. And when we warn about this we're chastized as being against whatever it is: truth is that it's the LOGIC that isn't passing muster.
It's NEVER saved past empires. There's quite a record of proof supporting this:
http://www.rexresearch.com/glubb/glubb-empire.pdf
"Conservation of energy, it's not just a good idea it's the law!" - Only a good thing if you are expanding (like the Universe) otherwise you will be expired soon enough.
Sorry, you don't get to pick which laws influence you or your corner of the Universe (in this case, the closed system of earth).
Sorry if my attempt to stress a point via humor failed...
Daddy O.. chopping wood gets harder as I age. but I do have a whole house of LED Lights ( they are great) I do have a solar water heater and a 5 kva panel set up and a wind generatorp. What I want is a way to STORE ENERGY for feed back, sure someone can make a storage devise that stores and releases on dark. It is my wish and it would change the World
thats called trolled voting. i knew this site was full of morons, but really.
thats called trolled voting. i knew this site was full of morons, but really.
The way to go is Thorium.
Uranium was a stupid idea that was aimed at getting product for bombs.
Remember them Uighurs. Almost all existing direct routes go through Xinjaing..
http://www.nytimes.com/2014/03/19/opinion/pushing-the-uighurs-too-far.html
....
I'll cut right to the conclusion.
Backed into a corner by Beijing’s relentlessly antagonizing tactics, the Uighurs are likely to resort to more deadly terrorism. Xinjiang is poised to become China’s Chechnya.
And you can bet who will be behind enabling that sort of behavior...
more on the issue since the Chinese have most certainly been stirring the shitpot over there not to their benefit either but these groups have long standing feuds going on here aka Hans and Uighurs so that is easy for third parties to exploit to their advantage...
from the article above
...
Still, the core conflict between Beijing and the Uighurs is political, not economic. That’s why the Uighur economist Ilham Tohti, of the Central University of Nationalities in Beijing, who has dedicated his life’s work to building bridges between Han Chinese and Uighurs, points to China’s Constitution as the way forward.
Mr. Tohti has long advocated not independence but genuine autonomy for Xinjiang, under Chinese rule, similar in spirit to what the Dalai Lama has been urging for Tibetans.
“The Constitution has laid out a sound framework for all ethnic groups to live and thrive together,” Mr. Tohti wrote on a website dedicated to Uighur issues. Under the Constitution “an ideal balance between national unity and minorities’ autonomy is possible.”
Unfortunately, seeing how the Dalai Lama has failed after nearly three decades of trying, many of Mr. Tohti’s fellow Uighurs have rejected his bridge-building as a quixotic quest. And with Mr. Tohti’s arrest this January, on charges of inciting separatism, the bridges are being burned — both by the oppressors and by the oppressed.
For years, Beijing has characterized Uighur protests as the work of a few pesky separatists, as if the Uighurs’ desire for self-rule was not a serious concern. But more than ever, Uighurs see separation from China as the solution. And many are looking beyond Chinese borders, toward militant Muslims overseas, for inspiration.
...
Where have we heard this story before?
"Still, the core conflict between Beijing and the Uighurs is political, not economic."
I call BS.
The "political" is founded/grounded in the facilitation/control of commerce. The stalemate has to do with one side not making a concession that would end up favoring the other side economically (to the detriment of the first): look underneath and I'm sure you'll find "tax collection" being there.
China is not some big happy homogenous family more like a dysfunctional family with a few overbearing control freaks trying to hold it all together aka the Hans.
It is not as simple as piping gas into China when you break down the ethnic groups and regions you wind up with a similiar situation to Turkey with it being walled off on all sides by Kurds except for a small sliver in Syria. Remember these people have thousands of years of history to contend with.
The Hans are the top dogs in China.
https://en.wikipedia.org/wiki/List_of_ethnic_groups_in_China
https://en.wikipedia.org/wiki/Autonomous_administrative_divisions_of_China
The only real strife free area to run pipeline through is in the Northeastern part of China through Manchuria and the infrastructure as far as I know is not in place yet to handle demand. So this whole gambit is still a few years off from being fully operational and effective as a counter.
Then you got Mongolia to contend with also which I am sure everyone is quietly jockeying for favor on control of as we speak.
http://csis.org/blog/china-gates-chinas-impact-mongolian-natural-resourc...
The only way to try to undo all this history is globalism and moving people out and into regions faster than they can be integrated (people define borders, borders don't define people if you mix it up fast enough and not all it time to settle you erase years of personal history within a border) and when they can't do that you ass rape the countries with paper to weaken them to the point they can't fight back and you control the tranport routes and resources that way. That is what the IMF's primary function is to ass rape countries of their sovereignity so these global backdoor control operations using corporations can strip mine countries of their resources using paper promises and then hold the debt over their heads like a pyschological sword of damocles to keep them in line.
You've pretty much captured it all here!
The "political" is always about how to carve up the economic pie, getting cuts from the resources. Those in outlying regions, who have tended to be more independent, ask for a greater share (than are usually offered) as a price for invading their independent lifestyles. Keep in mind that pipelines and such tend to bring a LOT of trouble to town (one can substitute "gold" etc for "pipeline"- think US, Wild West and gold rush).
Don't forget the 'free' trade agreements these assholes push. They are really nothing more than ways undermine country's from protecting themselves against predatory paper pushed by likes of the IMF. Free comes with a price who benefits on the 'free' part of production when they don't produce any goods or services in a market?
DCH
++ as per you provide a very interesting chapter. thanks.
Are...you aware that the Hans are 90% of the population? Because it doesnt seem like you are.
Your analysis is facile. I fart towards it, Sir.
And where is the majority of the Han population density.
I'll give you a hint use the linguistic based admistration map for starters to see where they aren't.
https://en.wikipedia.org/wiki/File:Ethno-linguistic_based_administrative...
Now look at this
https://en.wikipedia.org/wiki/File:Ethnolinguistic_map_of_China_1983.png
It ain't Hans that are the majority in those regions that are at the key borderland points into China from the west which is where Russian gas will pipe in using existing infrastructure they are already hooked into through the stans. All the stans are bordered by Xinjiang which just also happens to be an autonomous region (where have we seen this story before) with a majority non Han population in the region you know like majority of Russians in a Ukrainian Crimea for example.
If you want to attack me personally don't play passive aggressive games to try to undermine all the information in general there ain't no jooo conspiracies here to blame for this potential roadblock.
hey shithead, cute use of "jooo conspiracies" - please feel free to educate the people on where I've alleged something like that versus criticizing Israel and/or Zionist/Jewish power.
I know to you, being rather a simple fuck, it's simply easier to try to play the Hitler Card, but if you're going to act smart, why don't you try to be smart and mount a fucking argument. What have I ever said that was wrong, unfair, or unsupported?
Meanwhile, when 90% of your population of 1.3+ billion is Han, don't you think it occurs to the Chinese to settle Han Chinese in those regions>?
Which they are doing....
Do you honestly think they're going to let a small population in the west threaten the nation's economic security when they can use settlement - hey like the jooooooooos do in historical Palestine - you like that, right?
Your analysis is sophomoric.
Don't know how well traveled you are, but when you call DCH's analysis "sophomoric", I'm willing to bet you haven't done much time in Xinjiang or the Bleakisstans, nor do you know either the history of the peoples there or their current manner of thinking. Ninety percent---even ninety-nine percent---Han is nothing when all it takes is two guys with a bad attitude to find a convenient spot on a multi-thousand mile pipeline to put it out of commission. Repair it, and a hundred miles down wind two more guys have at it. Then their cousins pick a spot...
Start in Afghanistan, go northeast and clockwise all around the Taklimakan to Xinjiang, and count the Russian, British and Han Chinese bones sitting on top of the sand, and the nature of the problem starts to become clear. Dead men tell no tales, but they do suggest the plot.
China had enough of a problem trying to exploit Burma, which is a walk in the park compared to, let's say, Bokhara. When the Chinese began to devastate a jungle area in Kachin State, hoping to build a 450' hydroelectric dam, importing the entire 20,000 man labor force from China, the project was brought to a halt when the Kachin Independence Army began blowing up Chinese engineers. China even gave the Burmese military weapons (including poison artillery shells) to try to wipe out the guerilla movement, but as of this writing, the dam project remains on hold.
The Burmese and Chinese combined have not been able to protect a single spot (the dam site at Myitsone). How can China and Russia, even if China is so inclined to strike a dependency deal with a long term adversary, protect thousands of miles of pipeline?
A few thousand miles of pipeline is not that hard to defend if it is so valuble. Have a service road run parallel, put in coils of razor wire, trip lines, land mines, listening posts etc to keep problem makers out. Also guard posts every 200 yards. Perhaps an exclusion zone a few miles wide (it is mostly barely inhabited desert).
Execute the first few dozen Uighers who ignore the rules and the problem will then be boredom for the troops.
The guard posts and monitoring stations might need 20,000 troops (not a big deal in a place like China)
Cost of putting in all that, under a billion dollars. The poke to Uncle Sams fiat hegemony, priceless.
You've obviously have not heard of anti-materiel rifles.
--
I have no doubt the Russians and Chinese can build and keep a pipeline operating though. Why you have strategic reserves to prevent such harassment disruption. It's just a vulnerability which means they still have to diversify supply sources and customer bases, and be more diplomatic, rather than arrogant, or willing to bomb people, as the US/NATO constantly does. If Russia and China have any brains they won't make that mistake. But I wouldn't want to piss them off either.
dch, again TU for the clear pic in.
Maybe if we add some purple to our paper they'll like it better?
Russia is fucking broke.
China is ready to collapse under its own debt.
Communists working together in the name of failure.
FUCK YOU PUTIN!!!!
If China is about to collapse in a debt crises, we're all about to collapse.
USSA is fucking broke.
USSA is ready to collapse under it's own debt.
Socialists working together in the name of failure.
Fuck you Obama and the average american!
- Fixed it for you.
YEAH GO USA GO USA!!!
KILL MORE SHEEPLE!
GO USA
what is the US of ASS then?
Yea because the capitalist US and UK aren't buried under Trillions in debt.
The earth is broke!!! However, what do the Russian Debt:GDP and LIABILITIES look like relative to the U.S.S.A.?
Rising Sun
These nationalistic grunts arise from willful ignorance.
The world of common men who might consider or wish themselves free lies at the base of the pit. Only the stubbornly deaf and senseless cannot hear the whoosh and feel the breeze of the descending pendulum.
"Your government" does not work for you.
Johnny Boy McCain, is that you old boy? Go back to your bamboo hut.
So China declares it and RESETS with Russia. End Game for the US Dollar. Is there any difference? Russia declared it in 1998. They are also kilter at present. If both Nations declare it and RESET with trading amongst themselves then the USA is on the sidelines selling nothing to anyone because ...WE DO NOT PRODUCE.
DeGaulle is a man of wisdom and a truth nationalist. In 1965 he predict the danger of Dollar as a sole reserve currency of the World. https://www.youtube.com/watch?v=Q9r1NLMFixo Unfortunately, in 1968, he was removed by a regime change.
Postscript.
His effort got his country's Gold back. He may have been removed from office. But...
The French sent two WARSHIPS into New York Harbor to get France's Gold shortly afterwards. I am certain that the Warships would have shelled New York City if they had not received what was theirs.
Now Germany needed to have done that...
"I am certain that the Warships would have shelled New York City if they had not received what was theirs." i dont think the frechies are suicidal types. What is more likely, those warships were to protect the transportation of their gold back to Europe. You know, pirates were there in wall street.
And didnt the american army lost dozens of billions of dollars of Iraq money from "Oil for Food program", when they transport that money back to Iraq? Was a joke, a bad joke, but the poor iraquis lost everything. and nobody care or been responsible.
The empire kill, maimed, destroy, robb and laughed in the face of the victims. How low could it descend?
Or are you just want to sow confusion?
America is broke. I suggest looking at Russian state finances and private debt. No, Russia isn't broke, they have big reserves and very small debt to GDP. Been building gold reserves and it's asset base is worth god know how many mega trillions. Most Russian resources are untouched and waiting for capital and labor to unlock them. China has both. Your way behind the ball on knowledge, unless you are a beliver in the great power of American Fiat. Russia is a reserve and hard asset nation, America is a Fiat Printer who still can get the world to accept green asswipe as a store of value, lose that and America is in serious trouble.
The ONLY reason to come to America, to WANT to be an American , is to have been able to benefit from the Constitutional/bill of Rights and the resultant restrictions upon government .
Period. End of Story.
These are gone. And save a bloody mess here at home, are unlikely to return in my lifetime. Meaning these United States of America are closed for business.
Given the absence of constitutional guarantees, the choice for my family, then becomes which govenment where will be the least FINANCIAL burden to them. And in any ratinal mind, the statistics regarding Russia, and the managment of its debt, would put it right close to the top of the list.
"Rising Sun."
Japanese? If so that would explain your hatred. Life's really going to get hard for you folks. Karma really is a bitch... (should have stuck to your island)
if Russia's broke - what do you call the US?
gold backed trade settlement in 3..2...1.....
Three blind mice
Wait a second, you mean the Russians have alternative markets for their resources? Are you implying that they could sell directly to China for Chinese CASH, rather than to Western Europe for money that the Europeans have BORROWED from China, and that then China, instead of winding up with worthless accounting entries on its books would wind up with REAL resources?!!!!
WTF!?!?! That can't be legal! Can it? Surely some strong words will forthcoming to counteract this deal and demonstrate our resolve and willingness to 'say whatever it takes' to look after our interests and those of our 'allies'.
They started it?
Thanks, Al. This is the point I'd been making from the beginning. I suspect that this is all no more than a big show to mislead the folks in Europe into thinking that rather than it being the consequence of their own doing (growth w/o their own energy) that this provides a scapegoat for the leaders, who steered everyone into the corner, to bame (in hopes of saving their own asses) Russia/China. At the end of the day it matters not, as the tide will go out and all will be seen (when huddled and shivering).
Both Russia and China have been actively trading with South American countries using a basket of currencies and gold. Several South American leaders have voiced their disgust with the US and prefer trading with other nations that have not tried to destabilize their governments over the years. They have been avoiding using the USD for some time. Karma is truly a bitch.
+1 AH.
HAHA
Obama has energy producing algae you motherfuckers. pew pew....pew. pew
http://www.bloomberg.com/news/2012-02-24/obama-promotes-pond-scum-as-ren...
Choom gang!
You laught now but with 50 billion dollars of investment that Algae might be able to supply the energy needed for one whole Obama Vacation.
=P
Obama is energy producing algae...
FIFY
And a former CEO(?) of Shell is lobbying for methanol.
Seems everyone is desperate for energy (should show that there really is a problem looming).
Problem with the algae thing is that you need a lot of water and sunshine. The two requirements are a bit at odds with one another (unless you want to do desalination [how much energy to do this?]).
For more of a well-rounded history (which, of course, didn't start with Obama):
https://www.opensecrets.org/lobby/clientissues_spec.php?id=D000056446&ye...
Note the "For" lobbyists. Here's a sample:
http://www.hklaw.com/kathryn-lehman/
http://www.hklaw.com/beth-viola/
Slow day along the XL?
It may take a while to bury the petro dollar but it's one more nail in the coffin.
Hemingway said that he went bankrupt slowly at first then it happened all at once.
What do you call the rate of decline over the past 40 years?
Fugazi - Long Division | Steady Diet of Nothing
America: full steam rush toward total irrelevance.
Thank god.
Anyways, these days I think that nothing...Nothing happens, unless it was planned that way by TPTB. America was slated for demolition a long time ago, and G. Edward Griffin nailed it in the early 1960's.
Some stuff happens off-script, but the big stuff, the important policy shifts and major capital flows, are extremely non random.
We are in the Currency Wars and Russia just put the US and the Euro both in Check. Whether he can keep them there remains to be seen but if he can expect hot wars by proxy and maybe even directly to follow at some point.
Just as I've been saying since the initial tensions started to show.
The West/EU will kick and scream, but it's to no avail. The "leaders" of this block KNOW that they're fucked; what theyr'e doing is to cast blame away from them, their situation AND their resource-shortage problems (mostly in the EU) to keep their citizens from toppling them (a "revolution" which will only see heads roll- no resources to magically pop up as a result).
This is business. And Russia is going to ensure that its precious resources aren't squandered by exchanging in extreme discounts and for worthless paper. Of course, eventually the China+Russia trade will collapse, but name of the game is to keep playing for as long as you can: West & EU (mostly EU) is pretty much about out of the game.
Is ZH a subsidiary of RT?
Do you work at glorious MSNBC?
No.
Your attempt to discredit contains no real argumentative elements. FAIL.
Next question(?)?
Isnt it fair to have a place for people to exchange opinion and information without the shadow of interests and money? or we all must be Midas and die of hunger? I personally prefer to learn something more human, human values.
This is a Financial Website. I am sorry that it is not social enough for you. But ZH, although it will bring Social Issues to the table, is generally about Financial and Economic matters.
I am here to expose the truth and to learn that which the Main Stream Media censors. The articles are decent but the Comments Section sometimes yields a great gem out of the swill.
i dare you are here to sow confusion.
If there is a collapse of the petro dollar there would be alot pain for every one. The Russian people have been conditioned to live in poverty. The USSA not so much. It would be complete chaos here, over there they would keep their shit together and capitalize on us in our weakest times. It is a sacrifice Putin is more than willing to make. The question is can Putin sell China on the idea. Short term pain in exchange to permanently fuck us over.
The world's paper will turn to ashes. Left standing thru the ash heap will be piles of gold, of which China & Russia each possess close to 30,000 tons, and the West near-zero. Tell me who will be the rulers then?
The Russian people have been conditioned to live in poverty. The USSA not so much.
What is that percentage of people in the USA on food stamps again?
Maybe you don't know what poverty is.I can assure you from first hand observation that
American food stamp recipients are not in poverty.
When you watch your children starve to death in front of you,that is poverty.
No. I disagree. That is called DESTiTUTE. People impoverished live on sustainance incomes. Most of India and China is still impoverished.
Destitution and Famine are coming to the United States, however. California is not going to be producing food due to drought. Food Prices will soar this summer and into next year.
Good to see that someone understands...
There are something like 750 million folks in India living on $0.50/day. The mind just boggles at this.
My wife is from the Philippines. I've been there and I have a pretty good idea on what poverty looks like, not to mention near-destitution. Anyone thinking that folks (other than our "leaders" and "bankers") deserve such a condition is but a heartless bastard.
2 points.
1- So, isnt it fair for any responsable government to try to leave their folks from destitution?
2- Who are the culprits of the present situation in USA, in an alley where any real decision is painful for all? I dare say are not Putin nor the millions of deaths in Syria, Lybia or Iraq.
What i see is the 1% of the West is trying to resolve the dilema by pushing it to billions of innocent fellow beings. Till when? killing all the 99% of the World?
When i hear something like the 85 wealthiess families in the World own more resources than 2 billions peoples, i feel sick.
To your first point...It is not a Government's responsibility to lead people out of destitution. Most of the time it is a Government's policies which are the CAUSE of the destitution.
It is a person's own reponsibility to lead himself out of destitution. This generally requires hard work and effort. Many times people will fail to do that. Sometimes the failure is directly due to a Government's intervention or action..
A solution is to disband the Government and make it as small as possible so that the people may have the freedom to have the opportunity to thrive. There are no guarantees.
To your Second Point. The culprits of the present situation in America are the American People. They are so used to casting blame that they do not examine their own self destructive behaviors. They fail to take personal responsibility for their own behaviors.
The Housing Crisis is a good example. The people lined up and borrowed money which they could not pay back. They participated in a fraud. Of course the Bankers were complicit in the fraud as they gained short term profits. The fraud was endemic to a large proportion of our society.
Fraudulent schemes fail and the bankers stuck a lot of foreigners with NON PERFORMING Mortgage Backed Securities graded as prime when they were subprime.
But when it comes right down to it you had best be willing to look at yourself in the mirror as you are the one responsible for your life. The onus falls upon you.
Perhaps wealth inequality is problematic. But instead of redistributing wealth we need to be redistributing the labor so that the burden of those whom are not contributing can be placed on many more working people rather than the few whom are working. In fact if one is able to work then he needs to be working and contributing.
Socialism is a dismal failure as it leads to the Welfare-Workfare-Warfare States which we have now. It is EVIDENTIAL as we are experiencing the fruits of Socialism now. The people must begin to work again. However the Government is not the solution but is an obstacle to the solution.
What sickens me is that the 2 Billion people are REPRESSED by the Governments which are purchased and paid for by the 85 wealthiest families. That is how they became wealthy...through the process of Corporate Welfare. That is called crony capitalism, a form of socialism, and will lead to much more suffering before the systemic collapse happens.
THERE ARE NO POLITICAL SOLUTIONS. If you want a solution you must look at yourself and rely upon yourself.
FWIW.
you talking shit. a mix of truth with false facts. You know very well who own everything only change by force. so blame the poor for what the rich did? You must be a fucking sutpid or just one pay to defend the rich and those decision makers, by implanting confusion.
The best solution is fight those 85 families and not every governments they control. Identify the real enemies to fight and not the decoy they made. For example, fighting soros is better than fighting democrats or republicans, just their tools. Dont fight the dogs but their owners.
Dont try to confuse the real with the verosimil.
So, where the Russian people are "conditioned" to live in poverty ... the USA people are "conditioned" to live on food stamps? Ah ... I feel better now.
Obama has left no choice but for those that have the means to leave the dollar. The US can"t keep making economic threats and looting while expecting people to sit there and take it. Every time they threaten to kick someone out of SWIFT or lay down some mindless sanctions, they harm the credibility of the existing system and expose it as a tool of exploitation.
I'm confused, is it Obama or is the the bankers? And, London doesn't have an interest in this (it's all centrally directed by D.C.)?
With the exception of citizens of the USSofA, the whole world knows it.
Cue expat's in progress.
Why do some here think Obama is weak and clueless. He is doing just what his father sought to do - defeat and weaken Western imperialists and their explotation of the developing economies. Obama doing it from the inside is a smarter strategy
Dismantle NASA and the military. Then leagalize dope and get people high all the time.
He's one of our most successful Presidents ever - measuring success as succeeding on your plan.
An other deluded one who thinks Obama has the ability to call any shots as opposed to acting on orders....
Red Team / Blue Team. Pay checks from the same account.
ALL empires collapse. People spend all their time trying to pretend that this is not the case, often resorting to all sort of "excuses" as to why the empire is not enduring.
"He is doing just what his father sought to do - defeat and weaken Western imperialists and their explotation of the developing economies."
Yeah, by bailing out the bankers. (logic often is sacrificed at the alter of extreme emotion- your worship is clearly strong)
Yeah, by bailing out the bankers. (logic often is sacrificed at the alter of extreme emotion- your worship is clearly strong)
It is called EXPEDIENCE.
"Many Western leaders did not go to the Games after criticism of Russia's record on human rights."
And just how many babies has The West killed via abortion ?
Some Yale cunt killed a couple hundred for an art experiment.
And I find it interesting that the "pro-life" people are people who most likely approve of military actions abroad, actions that tend to result in killing lots of innocent children.
The hypocrisy is often so thick that one ought not try and swallow...
It often strikes me how the American left and right seem like flipsides of the same shitty coin.
e.g. One thinks it's OK to kill babies here at home because "it's a woman's right", the other thinks it's OK to kill people abroad because "we're just fighting for freedom."
One is hyper interventionist at home (regulations, nanny state-ism), the other is hyper interventionist abroad (wars, invasions, sanctions, engineered coups, missile shields)
They condone the same behavior but in different ways. One is chocolate and one is vanilla and, hilariously, each side demonizes the other side for the flavor they're eating but totally miss the point that they're both eating the same shitty crony-MIC-bankster-fiat-MSM-politically correct ice cream.
Isn't that crazy??? We had Secretary of State Madeline Albright, declaring that the murder of one half million Iraqi children during the 1990s was somehow justifiable.
While I am anti abortion I am also anti war. It was not right. Killing babies is wrong and absolutely abhorrent.
Where do you stand on SNAP & birth control?
"...and every single person is transfixed with finding a missing airplane."
Imaginary Conversation somewhere a week or so ago.... ---- Boss: Obama is getting his nuts kicked by Putin, The MSM cannot be allowed to see how this unfolding of Ukraine is making Obama and the US look like a laughing stock. The proles are starting to see US/us as the bad guys. 95% of Crimea wanting to join russia in a free election. How can we neutralize that??? Brain Trust: Well how about an emergency or some other event to take the oxygen out of the Ukraine news cycle?Boss: Well, it can't be a domestic mass shooting or one of those things.Nothing like the Boston thing. We almost blew that one. It has to be international.
Brain Trust: Hmm. That's harder. How long does does it have to last?
Boss: A couple of weeks anyways till something else comes up.
Brain Trust: Hmm. Well, How about this. A Missing Airliner with hundreds of "International" passengers?Boss: Can you have it missing for more than a week?
Brain trust: We think so.
Boss: Great, run with that. Give it lots of coverage. International, Have the story run on every news channel, ya EVEN the weather channel. Have it take all the oxygen out of the other stories. We'll push the Ukraine story to last weeks news. and the Proles will forget about it
------
Thank God there aren't people evil enough to think that way or have the capablity to do it.......
pretty much
Which one are you?
The one who said "... An imaginary conversation......"
I doubt that the Boss or Brain Trust would post a transcript to ZH....
About time!
The US has a goal of turning into Zimbabwe with the Federal Reserve's policies.
Hope more countries join in with Russia and China.
The "goal" was always there.
Perpetual growth on a finite planet was never going to work.
The massive printing operation represents the gap between actual growth and desired growth. Clearly the widening of this gap will allow a LOT of light to get through to the point of exposing it all for what it is: a big Ponzi scheme. As bad(?) enough as this is, worse is the FACT that actual growth not only won't be possible but that we'll experience de-growth.
"Hope more countries join in with Russia and China."
They'll only be marching on with the same growth Ponzi.
To understand the long-term viability of a country one need only view it as a closed system (no trade). Based on such an analysis, when viewed as ability to approximate the current lifestyles/conditions, I say that only the US, Canada and Russia have staying power.
by virtue of your closed system argument, you conclude that the US has staying power?
well, the fed will have to announce a QE increase of roughly $82 billion per month (according to Jan TIC data) to account for the loss of foreign inflows.
i mean, if the us wants communism and strong federal govt., that's cool and all. although a good portion of the zh crowd will mentally lose it, this is the future combined with higher taxation than what most are currently accustomed to today.