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Monetary Blockade Of Russia Begins: JPMorgan Blocks Russian Money Transfer "Under Pretext" Of Sanctions
While the flare up of Cold War 2.0 may seem like last week's news, overnight something very notable happened that so far virtually nobody appears to have paid attention to. According to Russian Kommersant, none other than the biggest US bank, JPMorgan, was reported to be "reviewing counterpart relations with all Russian lenders" citing unidentified people. The review is part of JPMorgan’s push for transparency in banking and not part of sanctions against Russia over Crimea. Perhaps this is true: Kommersant added that Sberbank and VTB were contacted in January and February while another unidentified bank recently received letter saying JPMorgan would cease correspondent accounts with them on April 1.
JPM cleaning up its act is certainly plausible: after all the last thing the bank that has paid out nearly $30 billion in legal charges, penalties and settlements in the past few years need right now is more legal charges due to laundering Russian billionaires' cash (coughHSBCcough) at a time when Russia, which has humiliated the US state department twice in under a year, is hardly perceived as a critical ally to the US. So one can see why JPM would be cautious in transacting with Russia financial entities.
And yet, while the headline sanctions so far have involved mostly freezing of Russian politician and oligarch assets in jurisdictions in where there were no such assets, it appears that JPM has not only escalated on its own but taken the Russian sanctions to an entirely new level: one which may quite promptly devolve into a complete monetary blockade of all of Russia.
Exhibit A:
JP Morgan blocked money transfer from #Russia diplomatic mission in Kazakhstan "under pretext" of sanctions, says Foreign Ministry
— Thomas Grove (@tggrove) April 1, 2014
Wait, did JPM just take a unilateral action, not mandated by the state department (because nowhere in the Russian sanction list does it say putting a freeze on Russian bank transfers), and refuse to process a simple money transfer? Why? And if indeed JPM is doing this, how long until all other US banks, most of which are just as allegedly criminal in dealing with offshore sources of illegal money, follow suit and leave Russia entirely in the world when it comes to USD-backed transactions.
Because what JPM may have just done is launch a preemptive strike which would have the equivalent culmination of a SWIFT blockade of Russia, the same way Iran was neutralized from the Petrodollar and was promptly forced to begin transacting in Rubles, Yuan and, of course, gold in exchange for goods and services either imported or exported.
One wonders: is JPM truly that intent in preserving its "pristine" reputation of not transacting with "evil Russians", that it will gladly light the fuse that takes away Russia's choice whether or not to depart the petrodollar voluntarily, and makes it a compulsory outcome, which incidentally will merely accelerate the formalization of the Eurasian axis of China, Russia and India.
At this point watch if any other US banks follow in JPM's footsteps, and block money transfers to or from Russia. Because then will things get truly interesting.
As for the Russian response, it is coming and will most likely be matched in severity.
#Russia Foreign Ministry says JP Morgan's blocking of embassy payment will affect work of #USA embassy in Russia
— Thomas Grove (@tggrove) April 1, 2014
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Russia is going to get squeezed.
First USA wrestled Ukraine(other than crimea) from Russian orbit. Let us watch how Russian squeeze happens.
Hope and Change Bitchez!
Squeezing is one thing, the responding bitch slap is what worries me.
So, what kind of product requires some sort of clearing in Kazakhstan? Potassium?
"JPMorgan’s push for transparency in banking"
.. this is starting to become just a tad annoying.
wait til' they try and load up Russia's gold......then the nukes will fly...foch the paper
Just a reminder folks, that under international law, blocking a country from the international payments mechanism system is officially an act ot war
And the right hand of god has spoken, and he shall smote thy enemies as if his own. The western banksters are writing their own epitaph.
Banks usually help start wars from behind the scenes, this is just silly
Wasn't it noble JPM that still transferred Corzine's (er MFGlobal's) money to their own accounts even though no one at MF Global would sign that the origin of the money was legitimate? Or am I mistaking noble JPM, savior of the world, financier of World War I and World War II, with some other banking syndicate???
yes just after having ruined their very clients. indeed!
INTERNATIONAL LAW - That baby was tossed out how many years ago?
When you look back on these times post 2007, you will all note that the 'rule of law', pretty much went with BUSH/CHENEY, the Law was terminated under Obama, and certified DEAD under HILLARY-2016.
The end of history is here.
MIGHT MAKES RIGHT, LAW is for WHINERS.
Law, is what you have POST-WAR, .. it can be argued by RUMSFELD/CHENEY that the USA has been in a State of War since 911.
HILLARY-2016
~ Shiver ~
Bush Jr. redefined the "rule of law" to mean whatever I say or do is the law. Since no one challenged this, it is the law.
I wonder where RF keeps her gold reserves. In Moscow or in NYC/London? If the latter, they are screwed...
Russia should incinerate one European city a day until this shit stops.
JPM "If you want your money, you can't have your money"
JPM has gone MT-GOX, who could have guessed?
Or Palladium.
I was thinking opium but palladium is a fine angle. I'm not quite ready to change my war cry to "palladium, bitchez!" yet.
Keep the change.
Simple - Russia just needs to buy some phyiscal silver and crash that bitch
Like the Russians don't already have alternate money transfer methods in place regardless of this latest tiff or not.
They maybe a lot of things but stupid so far hasn't been one of them if anyone has been paying attention. Chess vs checkers bitchez.
Looks like the West can't wait to see Russia re-assemble itself into the former USSR by attacking its immediate neighbors. That's the kind of effect the the Great Mongol Empire once head on Slavic nations that nowdays make up Russia.
Indeed, nothing unites the rest of the world better than the hatred of us.
JPM boys better start arming their nailguns.
Bitcoin transactions still fully functional!
A week or so ago I sent a 0.05 BTC transaction from Peru to someone I do not even know! All I needed was the access to the Internet, so no BTC client software needed, I did it via blockchain.info.
"Easy-peasy!"
Well here's the party line response: "We won't longer just accept dollars for our natural resources - pay us in anything you'd like!"
They'll accept them and like it if they're properly handled.
Is the next step, "Troops across borders"? Where are we currently at with Zbigs chess game?
It's a real shame that fucker is still drawing a breath.
Our firm stopped doing business with Russian companies and/or Russian nationals a year ago. We just couldn't justify the due diligence costs required to check everyone out. Nearly 100% of the time we discovered something that "wasn't quite right" with the parties asking us to do business with them so we just stopped trying altogether. I'm not saying JP Morgan has such a pure motive but I can say we know other financial firms that have also closed the gate on doing business in Russia over the past year.
+ 1, that's interesting yet not surprising.
Game on, I guess...
A close family member has sold bananas from Ecuador into Russian buyers. He was burned. The pattern was to build a rapport on transactions that gradually increase in size, and then there's the BIG SHIPMENT and then ... no payment in return.
That goes to all you casual ZHers-against-ZHers-who-laud-Putin. Some people know wtf they are talking about, even when they are joking or being ironic. This will be a long cold hard slog through the phoenix'ing of our little experiment of America and you betta smoke 'em while you got 'em.
ParkAve, that's a really common scam in import/export. Build up a little trust, then cheat them!
Excellent observation, I hope you've saved just one person here some money.
Yea well there is thing called a Dunn Score, but duh.
Right, and that score registers an omniscience factor of infinityinfinity with JD Power and Asso. and you can thus easily make judgements of all firms internationally and throughout the known universe at all points of all supply chains that ever existed. This is why it is so damn easy to be well-off especially if you are not a multi-national firm or Noboa-like entity with 2,000 legal manifestations and a litigating army stationed in all major commercial centers.
Was it Putin who didn't pay for your bananas?
No, I don't believe Putin buys his own bananas.
"The pattern was to build a rapport on transactions that gradually increase in size, and then there's the BIG SHIPMENT and then ... no payment in return."
Those are virtually the exact words in which the scam was described to me by a friend who exports fruit from Chile. Scammers work up to a full pallet (worth tens of thousands of dollars) and then just don't pay (of course now pallets are insured).
Just because Putin is a rich corrrupt asshole doesn't mean he isn't surrounded by a lot of little corrupt assholes.
PS don't sell your banana's on Alibaba's website and 40,000 thieves :D
dollar dump in 5, 4, 3, 2, .....
there r only 2 forms of real money... Physical Gold and Silver.
This is not Wikileaks, this is Russia...
If they think that they can freeze Russia out of the monetary system then the payback is going to be nasty.
This is a cheap shot, smacks of petulance and desperation.
could be the Rothschild Regime's way out of their mess - they can blame the collapse on Russia
I really hope your wrong. I was just starting to accept false reality again.
may I recommend gin & tonic
Vodka embargo in 5..4..3..2..
Would they consider it at some point? Regulated Intoxicants = Revenue + Sheeple Inebriation...
Now how do you think Russia will react ?
They will pump Billions into Silver and Gold and Bitcoin
Physical Gold and silver for gas please germany
and buy the way 20% discount if you pay in gold in advance
Don't say the "b-word". Fonies are drawn to it like flies to a fresh pile of shit.
German gold is on the way - but there is some kind of traffic jam near the Liberty Street 33 .... :-P
Wurst & Bier as collateral will do the trick ....
Likely authorized, or at least no objection received.
What they really ought to do is start suppressing gold prices, if that is possible.
<-- Makes me want to deposit money with JPM
<-- God I hate those maggots at JPM
This is not going to end well.
Okay Putin, you're not supposed to be messing with the new world order. There will be a one world government and single currency even if we have to collapse your economy to do it. So just play nicely and we won't give you cot in Guantanamo.
<-- Putin
<-- Rothschild
who will win ?
Can Rothchild ride a bear shark hybrid?
Putin bare-chested on a tank is the NEW WORLD ORDER according to The Economist, lol..
Roll the tanks Vlad! Roll the tanks!
All the way to Brussels!
This is all fake. Muppets may not be allowed to do business with Eurasia on penalty of theft, but its business as usual for the banksters.
http://www.silverdoctors.com/whats-with-russia-buying-even-more-gold/
WHAT’S WITH RUSSIA BUYING EVEN MORE GOLD?
Bwahahaha!
petro$ death watch - could this be the trigger? If not, then its close to the last nail in the coffin.
Yes. This is the precursor to it I read yesterday.
Thanks C for putting that Jimm Willie read out there. This is also a good update from Silver Doctors
http://www.silverdoctors.com/jim-willie-ukraine-is-the-waterloo-event-for-the-us-dollar/A tale of two stories... "But German Chancellor Angela Merkel’s office said Putin had personally informed her of the troop pullback in a telephone conversation on Monday, while her Foreign Minister Frank-Walter Steinmeier called the move “a small sign that the situation is becoming less tense”."... The same Frank_Walter Steinmeier who did this???
Yeah how can you not trust a guy like that who represents thugs being appointed to positions of authority into a city they helped vandalize and destroyed to overthrow a legitimate government -then walks away from the agreement he helped negotiate by enforcing legitimacy through an "open coup"?
I hope Russia has a special gift in mind for Mr. Steinmeier and I don't think it will be a Faberge Egg!
http://www.rawstory.com/rs/2014/04/01/no-confirmation-of-russian-troop-retreat-from-ukraine-border-nato/
http://www.nbcnews.com/storyline/ukraine-crisis/tour-ukraine-russia-border-finds-no-signs-military-buildup-n67336
Steinmeier....sounds very dual citizen-ish.
Detmold, West Germany
(now Germany) Political party Social Democratic Party Alma mater University of Giessen Religion Lutheran
Well, he should apply for the second passport (if he doesnt already have it). He'd fit right in.
where would he fit in?
Putin yawns then moves his rook.
dp
Free Corzine!
Don't you wish they would free that bastard right into the hands of Ann Barnhardt, with several of us standing around to make sure that cocksucker doesn't run from Ann? That's the kind of freeing of Jon Corzine I could handle, but we all saw his rotund self on a chaise lounge just the other day here on ZH.
Did I mention, "Fuck you, Ben Bernanke!"?
Why Kazakhstan of all places. It is about the gas dummies it is always about the gas.
As a reminder.
http://en.tengrinews.kz/markets/Kazakhstans-Oil-and-Gas-Minister-on-Kash...
The recent 20% currency devaluation has nothing to do with suspension of production at the giant Kashagan oilfield, Tengrinews.kz reports, citing the country’s Oil and Gas Minister Uzakbai Karabalin as saying.
“Kashagan couldn’t have any influence on revenues that the Government had been planning to gain from crude sales in 2014”, he said at the President’s Public Communications Service when commenting on widely spread speculations that the currency devaluation was reportedly needed to offset the lost revenues from Kashagan.
He reminded that in line with PSAs, in the first years of production the revenues are primarily harvested by developing companies so that they could recoup their investments. In this context, the share of Kazakhstan’s revenues in 2014 wouldn’t be sufficiently sizeable to have an impact on the national currency.
...
http://en.tengrinews.kz/finance/Devaluation-in-Kazakhstan-How-black-was-...
As of the end of 2013, according to the official statistics, the deposits kept in tenge amounted to $34.3 billion (6317 billion tenge). On the grim day of the tenge devaluation - February 11, 2014 - they were axed by $6.8 billion (1263 billion tenge).
...
In 2013, time deposits in tenge reached $11.3 billion (growing 5.5% in 2013) in Kazakhstan and the deposits in foreign currencies (mostly US Dollar) reached $10.7 billion (growing 31% in 2013). The growth difference is immense and it shows a huge mistrust to the national currency in Kazakhstan. Even more so, since it was happening against the background of foreign currencies deposits interest rates being lowered to 4.7-4.5% and those on tenge deposits increased to 8.3-8.1%.
On February 11, 2014, the governor of the National Bank of Kazakhstan Kairat Kelimbetov announced a one step devaluation of tenge away from the previous rate of 155 tenge per dollar to the new weighted average of 185 tenge per dollar. “The National Bank expects that the new exchange rate will be at around 185 tenge per US Dollar,” Kairat Kelimbetov said adding that the central bank will be supporting the nation currency and keeping it within the range of 182-188 tenge.
...
Guess who them developing companies were.... Their profits just got the Cyprus'd. Payback's a bitch.
http://www.eia.gov/countries/regions-topics.cfm?fips=CSR#legal_status
...
Kazakhstan also involved private foreign ownership in the oil sector by selling off the majority of shares of Kazakhstan's state oil company. Initially, the government created a state holding company—KazMunaiGas—to oversee oil enterprises inherited from Soviet production in the Caspian basins until foreign companies could take over. Where Azerbaijan's government strengthened SOCAR, the Kazakhstani government did not convert KazMunaiGas into a full-fledged NOC, but rather it sold off its assets to foreign companies.
In October 2008, Kazakhstan's government reached an agreement with a number of foreign companies to form the new joint operating company North Caspian Operating Company (NCOC) B.V. This consortium includes equal shares to Royal Dutch Shell, Exxon Mobil, TOTAL, ENI, Kazakhstan's KazMunaiGas, with smaller shares going to other partners such as ConocoPhillips and INPEX. NCOC became the operator of assets formerly held by Agip Kazakhstan North Caspian Operating Company NV (Agip KCO), notably the giant Kashagan field. Smaller petroleum companies have stakes in a variety of Kazakhstan's energy assets. While the NOC KazMunaiGas holds minority positions in some of these assets, Kazakhstan has the most privately-owned assets in the Caspian region.
...
So Putin can telephone good buddy and President-for-Life Nazarbayev and ask him to order Exxon Mobil, Shell, Total, and ENI to pull their accounts with JPM and move those big unlevered dollar deposits into Sberbank, Gazprombank, or VTB unless they want their oil and gas concessions expropriated (and access to cross-border financial clearing and settlement, or lack thereof, gives Putin and Nazarbayev all the legal cover they need to make such a demand)...
JPM can't be that stupid...
And as a flip side to this guess who benefited by the move, why the miners in Kazakhstan specifically rare earth metal miners.
http://www.edgekz.com/kazakhstan-poised-for-rare-earth-boom.html
Rare earths are hard-to-find elements and minerals essential to the production of the high-tech gadgets that drive the world's economy. And Kazakhstan is soaring up the league of producers to become one of the most important rare earth suppliers in the world.
...
For years, China had effectively monopolized world supply producing more than 90 percent of the rare earths sold annually. But China's rapid industrial expansion and high-tech progress is now swallowing up most of that production. In July 2010, China rocked the world market by announcing it was withholding nearly three-quarters of its previously announced export quota of rare earths to meet its domestic requirements. The quota figures were slashed by 72 percent. As a result, in the second half of 2010 alone global rare earth prices soared 700 percent. Corporations such as Glencore International AG, Stans Energy Corp. and Greenland Minerals & Energy Ltd., then led the rush to prospect and open new rare earth mines, or reopen old ones. Prices have since dropped, however, as new supplies began to emerge.
But with the supply and production so dependent on China, the world's rare earths miners are seeking sources outside China, such as Kazakhstan. Rare earths can be produced from uranium tailings, which means countries rich in uranium, such as Kazakhstan, are the most likely places to find them. Kazakhstan is the largest uranium producer and exporter in the world, and as the globe's ninth largest country there are plenty of new places to look for rare earths.
All of this has led in the past year to major co-production agreements with leading companies in Japan, Germany and France to develop rare earths in Kazakhstan. Japanese Trade and Industry Minister Yukio Edano closed a major deal with Kazakhstan in May to build a major rare earths production factory at Stepnogorsk in northern Kazakhstan to turn out dysprosium, a vital rare earth needed to make motors for electric and hybrid vehicles among other uses
...
Kazakhstan is likely to coordinate its rare earths production with China and Russia. Kazakhstan formed a new Customs Union with Russia and Belarus in 2010. (That Customs Union is going to be a major issue with Moldova in another month or 2 come election and referendum time there) And Kazakhstan looks likely to coordinate its rare earth exports to the global market with Beijing. China is likely to welcome the Kazakh increase in production as a way to ease international complaints about their export cutbacks. The Kazakh move will also create a new supply that the Chinese can look to in the event of shortfalls in their own production.
...
Kazahkstan has MORE Oil than Libya, and Libya has the best jet fuel on earth.
*
The MH-370 was taken to KAZAHKSTAN to engineer a WAR there, its the real target, more so than Syria or Ukraine.
The USA/CHINESE (ZIO-led) versus the Russians, at least that was the plan.
Like all good plans shit happens.
If the Chinese find out who in the MSS ( chinese mossad ) are involved in this ZIO-OP, they will be taken out and executed and plane recovered.
LMFAO!!!!!
Putin is fucked.
The only problem is Putin has nothing to lose. Keep an eye on those nukes Barry - one of them is aimed at the WH.
Danger, Will Robinson! Danger...
I wonder how many Americans are sending letters to the Kremlin, begging them to nuke DC and Wall Street
Americans like russian weapons - no need to nuke . Iskander missiles are smart enough to penetrate each bankster ass individually, without collateral damages . Barry drones 5K peasents to kill 1 Jihaddi ... that's called POTUS signature strike ....
Corzined NJ rednecks coming to Manhattan with Saigas ... soon.
and this
Wall Street Journal Ukraine crisis: NATO suspends cooperation with Moscow
and...
Ukraine crisis: No sign of Russian troop pullout - Natoit's amazing how, despite being given every opportunity to get out of this Ukrainian mess clean, Washington just continues to blindly stumble forward and provoke further escalation and tension. from the start Kerry has made it clear that there is no, zero opportunity for a diplomatic shared political solution in this situation. they have completely ignored every overture Moscow has presented in favor of a policy of " Russian capitulation to NATO is the only acceptable outcome". they have even gone so far as to fabricate a massive Russian military build up of which even our own propaganda machine MSM finally had to acknowledge was nowhere to be found along the Russian Ukraine border.
now, they are talking about direct NATO cooperation and aid to the Ukraine which is not a NATO member while suspending all cooperation with Russia.
in essence they are attempting to put NATO forces right on Russia's front door.
this is not just the blind, arrogant, greedy and myopic stupidity from DC to which we all have become accustom.
this is lunacy, this is what will get hundreds of millions of people, including some of us who post right on ZH killed.
Moscow can not and will not accept NATO on their door step and it appears Washington will accept nothing less no matter what the risks.
hedge accordingly.
What cooperation?
"Washington just continues to blindly stumble forward and provoke "
Nothing blind about it - this is DC's plan - poke bear in eye - make him attack - then counterattack making it look like you are just defending yourself
The West just can't wait to fall on its own sword it seems. Russia will move closer to China, India and other BRICS and will accept anything but dollars for its oil and gas. They will also accept silver, potentially driving the price of silver up and creating a big mess for JPM.
JPM BAIL-IN, bitchez. Silver buyers will be construed as collaborators with the enema.
Creativity kicks in when all options have been exhausted.
The Ruskies will find a way and "check" the WallStreet criminals.
What's the actual effect here other than JPM losing business to a less-Fascist competitor?
Funny, it looks like the US does not understand that the only thing that keeps the dollar is that the foreigners keep using it. In fact the US central planners want apparently foreigners to drop the dollar as a mean of circulation. Hara Kiri!!!! Or maybe Jammie Dimon is secretly short the treasuries with a huge vault of Gold. Would not be surprising.
Rush of dollars inward, anything imported becomes expensive,
How long can the Fed and government hide huge increases in prices before people in the US go hungary? Food stamps won't cut it when prices increase weekly.
Time for the BRICs to not accept US dollars as currency anymore.
Cut Europe off of energy unless they align.
It will take time for the west to adjust. In the meantime all the BRICs get closer. The US Dollar falls because payment is no longer accepted in US dollars.
Real a nasty currency war can prevail.
Then the BRICs will find that the world around them is a no-go zone, where dollars & euros are accepted or the proverbial else.
Here's how Putin plays at the Black Sea with the little puppies that sheltered under NATO's duvet.
Source Novinite.com
Bulgarian President Rosen Plevneliev suggested that Russia was intentionally provoking extraordinary flights of Bulgarian fighters.
“Who has interest in extraordinary flights of Bulgaria's fighter planes - maybe to exhaust their technical capabilities, maybe to require maintenance sooner, maybe to exhaust the resources of the Bulgarian army,” Plevneliev said on Tuesday regarding the increased number of flights of Bulgarian fighter planes. In the past several months the Bulgarian air force, consisting of Russian MiG 29 fighters, made more flights than in the previous 20 years altogether.
“If in previous years there were two-three flights per year, now there are two-three flights per week,” Plevneliev sad. “Now, every time the NATO airspace over the Black Sea is violated, take off two Bulgarian, two Romanian and two Turkish fighters, all because of one Russian plane. This is inefficient.”
According to Defence Minister Angel Naidenov the extraordinary flights were caused by Russian fighters and transport planes flying near the edge of NATO's airspace over the Black Sea.
Putin and his staff are very intelligent. Unlike the reckless people in the government and at the fed.
Obama and the Fed have created a vulnerable currency backed by nothing.
Russia promises retaliation for the blocked funds transfer:
http://www.ft.com/intl/cms/s/0/2603afd6-b9d4-11e3-957a-00144feabdc0.html...
If our government really wanted to harm Russian long term interests and further American interests at the same time they should work tobget russia even more dependent on the dollar.
I really do think the inmates are running the asylum now.
Any minute now Obama will hold a newsy on how he unilaterally and boldly clamped down on the big bad Russian bear and proclaim "Mission Accomplished".
Yeah, while he poses for the cameras with his head in the Bear's growling mouth.
Putin Flushes the US Dollar: Russia’s Gold Ruble Payments System Delinked from Dollar?
30 March 2014, by Umberto Pascali (Global Research)
http://www.globalresearch.ca/putin-flushes-the-us-dollar-russias-gold-ruble-payments-system-delinked-from-dollar/5375866
Russia “forced” by the sanctions to create a currency system which is independent from the US dollar.
Russia announces that it will sell (and buy) products and commodities – including oil – in rubles rather than in dollars.
I could actually see the day soon when SWIFT,Visa,MasterCard & American Express are all locked out of the BRIC countries which will develop a competing system which doesn't rip-off its merchants.
That's when it'll be open season on BRICs everywhere they go.
Bankers dying of self-inflicted gunshot wounds to the back of the head maybe next?
Looking back at WWII and V-J day so long ago in 1945... I can't help but make some comparisons regarding the former Soviet Union (USSR) involving Stalin and his Foreign Minister Molotov, which were behind Churchill's condescending-derogatory statement labelling the USSR the 'Iron Curtain', and the USA's Kennan's Containment Policy married to the Marshall Plan' simultaneously in time, justifiably the birth of a East-West Cold War!?!
Stalin and Molotov (Soviet Union) were against the UK/USA efforts to achieve world peace after the war. The longer peace settlements were postponed, the longer Russia legally occupied, and remained in enemy countries. This meant they maintained a large presence in satellite countries, such as Finland, Poland, Czechoslovakia, Hungary, Romania, Bulgaria, and tried but failed to occupy Austria.
The communist parties were gaining acceptance in Italy and France... not to mention a presence in China's civil war helping Mao win, with Korea also in their grasp?
Greece and Turkey were turning communist, even though Turkey had been neutral during the war. They were broke and Russia promising financial assistance to Greece as a foothold in the Middle East. The USSR's wanted Turkey badly as well-- a springboard to the Eastern Mediterranean. This is where the tires meet the road, so to say? Period!
Now that I've shown what seems to have been what's got us to where we are today regarding 'Sanction & Containment', there is that small historical fact of the very break-up of this long villified, and rightly-so... mighty USSR Empire in 1991! Gone is Stalin's USSR and Molotov's demonic and bellicose arrogance! And, in is Mr[Cool Hand Luke] Putin and Sir Lavrov [Sundance Kid]. Just about the complete opposite of USSR 1945/1991 leadership! Quite!!!
Putin and Lavrov are quite-right, what the USSA wanted from the 'get-go', but somehow they're not satisfied, and happy with the Russian's today. Afterall, when having had the world by the balls since the Cold-War was mothballed some twenty-three years ago and being able to bully the world into a 'democratic-despotic-authoritarian-statist-fascist mode' on the pretext that freedom is not free, and only our view of the world is the almighty's word?
Things have changed since the USSA got 'Snowden'd', Syrius'd, and Crimean`cream'd in a fight for a right, regarding democracy minus the puppetry!
The USSA should be ashamed of it's foreign policy in the last twenty-three years... awfully ashamed! There is a litany of war crimes we've commited and terrible surpression of human rights we have subjugated the weak sisters under our Imperialist Jackboots upon every continent!
Ref: http://en.wikipedia.org/wiki/Truman_Doctrine
http://www2.gwu.edu/~nsarchiv/coldwar/documents/episode-1/kennan.htm (Kennan's 'Long Telegram' Top Secret)
http://www.conservapedia.com/Marshall_Plan {(Marshall Plan or the 'European Recovery Program [ERP])(BTW: If we didn't pass the bail-out, America would have gone into another depression once Europe failed? So the argument goes!?!)}
Stalin's Main Man-- http://en.wikipedia.org/wiki/Vyacheslav_Molotov
thankyou Tyler
JMO
You know things are FUBAR when you're rooting for Russia against your own country -- because the actions of our own government are so greedy, pigish, outrageous, and criminal... and you're secretly hoping someone, somewhere, somehow will put a stop to it.
It's funny that someone can even say "MY COUNTRY", ... do Palestinians talk that way? My COUNTRY? FUCK NO
They call Palestine the "OCCUPIED TERRITORY"
When bot's on ZH have the balls to say "I root for Russia, cuz I respect the leaders of the NON-OCCUPIED territory's", then you have something.
PUTIN doesn't want to be an OCCUPIED COUNTRY.
COMPECHE?
My ameriKKKa was ass fucked over 60+ years ago, by the occupiers.
Is this the greatest example of butthurt on the planet?
Cyprus screws russians now JPM
JPM must be so loaded with worthless FED-FIAT that it doesn't even care to try to keep Eastern European customers.
Certainly this is a major sign for a a RUN on ALL JPM holdings worldwide, ...
*
Kazahkstan is HOT, recall that's where the CIA sent MH-370, before/after diego-garcia,
Also Kazahkstan is the re-insurer for the airplane as well.
Kazahk has MORE oil than LIBYA, ...
What was HOT, about to go HOTTER.
Is this why Jamie Dimon issued his own presidential executive order and stopped the money transfer from Russia's embassy in Kazakhstan? I guess we'll have to wait for another "leaked" phone call from Victoria Nuland to see if this guy Masimov was Jamie's -- er I mean Obama's -- puppet choice for new leader of this oil-rich country:
http://abcnews.go.com/Politics/wireStory/kazakhstans-prime-minister-resi...