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It's On: Gazprom Prepares "Symbolic" Bond Issue In Chinese Yuan

Tyler Durden's picture


Curious what the fate of the petrodollar is? Look no farther than this Interfax update blasted moments ago by Bloomberg: "Gazprom Considers 'Symbolic' Yuan Bond Issue, Interfax Says."

Bloomberg adds that the gas giant is considering proposals from potential organizers to market bonds in yuan, Interfax reports, citing people with knowledge of the matter.

  • Gazprom unlikely be able to gain more than $300m due to mkt volume, newswire reports
  • No mandates, deal timeline yet
  • Issue may add new investors, become a “topical” public relations act amid tensions with U.S., EU

Well, yes. It's called "symbolic" for a reason. More importantly, it is a symbol of what happens when one can "create" money de novo without the presence of the world's increasingly defunct reserve currency, either secured by gas or by future cash flows, i.e., unsecured.

Confused? Read:

... and the New New Normal flow of funds will suddenly become clear -

  1. Gazprom delivering gas to China.
  2. China Gazprom paying in Yuan (convertible into Rubles)
  3. Gazprom funding itself increasingly in Yuan.
  4. Russia buying Chinese goods and services in Yuan (convertible into Rubles)

And all of this with the US banker cartel completely disintermediated courtesy of the glaring absence of the USD in any of the above listed steps, or as some may call it: from the Petrodollar to the Gas-o-yuan (something 40 central banks have already figured out... just not the Fed).


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Thu, 04/10/2014 - 12:35 | 4643790 Itchy and Scratchy
Itchy and Scratchy's picture


Thu, 04/10/2014 - 12:37 | 4643796 knukles
knukles's picture

Ain't nothing just symbolic about this, folks!

Next stop, cut gas via "The" Ukraine to Europe by 75%, take all past dues and new purchases in either Rubles or Gold

Thu, 04/10/2014 - 12:38 | 4643808 hungarianboy
hungarianboy's picture


Does the US send more warships now to the black sea?

I see it this way, Russia bought US debt, US sends warships to the Russian border. This is how the US thanks the foreigners.

Not surprising petrodollar is comming under pressure.

Thu, 04/10/2014 - 12:40 | 4643814 Two-bits
Two-bits's picture

cue the sinking of the Donald Cook.

Ramming speed.

Thu, 04/10/2014 - 12:43 | 4643833 tbd108
tbd108's picture

Let's hope not. Honest sailors sent into a nasty situation by a bunch of rats. Pray for their safe return home.


Thu, 04/10/2014 - 12:46 | 4643846 eatthebanksters
eatthebanksters's picture

For sure the Obama administration and his NSA and CIA saw this coming and for sure they know how to eal with it.  For sure, right?

Thu, 04/10/2014 - 12:48 | 4643861 strannick
strannick's picture

Breaking news like this is why ZeroHedge is the go-to financial news source. Up yours Bloomberg and Wall St. Journal, you WhiteHouse sponsored sonza bitchez!

Thu, 04/10/2014 - 12:53 | 4643885 knukles
knukles's picture

Ah, not to worry.  Kerry'll just squeeze another Catchup package on the sand

Thu, 04/10/2014 - 13:00 | 4643916 McMolotov
McMolotov's picture

We've been doing everything over twatter and facefuck, so at some point, I expect Obama to get serious and upload a youtube video of himself wearing the mom jeans / rolled-up sleeves / bicycle helmet combo, saying "let me be clear" and various other kinds of tough talk. He can draw ketchup lines in the sand like Bugs Bunny, and Kerry can stand off to the side making lightsaber noises like a retarded child.

This is now what passes for American diplomacy.

Like I said the other day, history is full of emperors who went insane as their empires crumbled around them. We are witnessing the end of the American Empire, and it's only going to get weirder from here on out.

Thu, 04/10/2014 - 13:07 | 4643948 maskone909
maskone909's picture


let me add the fanny pack and those shoes with velcro straps

Thu, 04/10/2014 - 13:20 | 4643991 Latina Lover
Latina Lover's picture

Symbolic, HaHaHa! This is what we call Russian humor.  You do not symbolise Russia, Russia symbolises you! 

This is a big fuck you to the USSA and the banksters that control it. 

Thu, 04/10/2014 - 13:37 | 4644035 JoeSexPack
JoeSexPack's picture

US military.... you are errand boys, sent by grocery clerks, to collect a bill.


Rise above & remember your oath to the Constitution.

Thu, 04/10/2014 - 16:45 | 4644831 dow jones 20000
dow jones 20000's picture

anyone who mixes in an Apocalypse Now reference is in my god books.

the horror..... the horror........ 

Thu, 04/10/2014 - 18:45 | 4645355 Sirius Wonderblast
Sirius Wonderblast's picture

Smells like...victory

Thu, 04/10/2014 - 19:29 | 4645532 The Boognish
The Boognish's picture

Vladimir don't surf!

Thu, 04/10/2014 - 14:18 | 4644205 BlindMonkey
BlindMonkey's picture

OT: What happened to the vaginal sea creature avatar? It was rather disgusting but erotic in a gooey sea-critter kind of a way.

Thu, 04/10/2014 - 14:18 | 4644206 furgheddubouddit
furgheddubouddit's picture

Btw....the US dollar is already getting absolutely trashed across the board right now.

And this before the unwinding of the dollar hegemony has truly even begun.

It looks like the markets have also figured out that all this talk from the FED about raising interest rates is a complete and utter JOKE!

With the US literally buried under a mountain of debt, rates aren't going to be raised in 2015....or 16....or 17.....or ...EVER!

It's just an exact replay of the Japan saga; interest rates locked at 0% and eternal money printing in order to prevent complete economic collapse.

Game over.

Thu, 04/10/2014 - 15:16 | 4644448 HardlyZero
HardlyZero's picture

primed for 7 years...brutal pure fiat unwind.


Looks like TODAY CNBC decided to listen to Dr. Marc Faber.

Reality is a bitch.

Thu, 04/10/2014 - 22:15 | 4646030 jerry_theking_lawler
jerry_theking_lawler's picture

Except Japan had us to pin itself up against for stability. Once the BRICs have their way with us (coming sooner than later looks like now)...all the things you said above will happen really fast for us....

Thu, 04/10/2014 - 13:07 | 4643956 Prisoners_dilemna
Prisoners_dilemna's picture

Disintermediation, Bitchez.

Thu, 04/10/2014 - 14:12 | 4644179 SWRichmond
SWRichmond's picture

Yup...can't skim if they don't play in your pond.

Fri, 04/11/2014 - 03:23 | 4646538 Raging Debate
Raging Debate's picture

McMolotov - This below has got be the funniest fucking comment here I ever read:

"We've been doing everything over twatter and facefuck, so at some point, I expect Obama to get serious and upload a youtube video of himself wearing the mom jeans / rolled-up sleeves / bicycle helmet combo, saying "let me be clear" and various other kinds of tough talk. He can draw ketchup lines in the sand like Bugs Bunny, and Kerry can stand off to the side making lightsaber noises like a retarded child."

My friends (that means people of all nations). Don't be misled about being encouraged to hate east or west. The top leadership of this world has made large gambles at the possible expense of your lives. They don't want dead customers, but if you live by the sword, you will die by the sword in what is unfolding. Speaking of Star Wars, do not be Batha Fodder for the Kingmakers (IMF and CFR) that can't handle managing east and west simultaneously. Bankers make loans, they don't manage governments outside of merely enriching themselves. Not all of there decisions were bad or evil, the world is a better place for having an east worth investing in even if it came at the expense of my fellow citizens here in America and make no mistake, our parents made an equivalent of $30 and hour with benefits and now makes half as much with no benefits and things now cost twice as much.

Stay neutral and look after one another. The era after this last evolutionary cycle is going to be amazing but it will be very dangerous until 2021 or so. History rythmes. If only one nuke or WMD goes off anywhere it will crash all markets and make commodities fly to the moon. A tiny few will get much richer. This is how these people think. You (of all nationalities) are pawns don't get played!

Thu, 04/10/2014 - 13:05 | 4643940 maskone909
maskone909's picture

that would be evidence of skilled ocuppational abilities.  i picture him smashing a glass ketchup bottle on his head and muttering something like, "me hungry. frnakenstien want hungry"

Thu, 04/10/2014 - 14:08 | 4644165 furgheddubouddit
furgheddubouddit's picture

FINALLY Russia has figured out it doesn't need those war-mongering hypocrites in the West.

Send your gas to China, get your cheap oil from Iran, get your food from Kazakhstan, get your machinery and electronics from Asia.....and cut Western Europe loose!

Let them slowly rot away under the massive piles of debt they're already buried under.

Thu, 04/10/2014 - 14:20 | 4644214 BlindMonkey
BlindMonkey's picture

13% flat tax to boot. If they did something about the obscene level of corruption and protected property rights they would have a monster-ass economy.

Thu, 04/10/2014 - 17:44 | 4645048 Overfed
Overfed's picture

Give it time.

Thu, 04/10/2014 - 19:34 | 4645557 mkkby
mkkby's picture

I'm hungry.  How much is that burger in yuan?  Nevermind... same as always in PM.

Thu, 04/10/2014 - 16:20 | 4644472 HardlyZero
HardlyZero's picture

25% of Russia's food comes from the farms in someone has to get the oil and resources to fertilize the Ukr fields for harvest.


Its a win-win...and the West doesn't really need the hassle, they will keep their cheap(er) energy for the time being in the EU.

All the Ukr debt will be forgiven by Russia, and the people can 'start over' without the billions in debt.

This approach of obtaining or owning countries was perfected many years ago by the IMF.

However, if someone stirs the nest, Russia will just slow the oil and gas supply Westbound.

Thu, 04/10/2014 - 16:35 | 4644793 SoCalBusted
SoCalBusted's picture

Partly true.

Since China is holding our debt, we could default and keep the trinkets.

If I owe you $100, that's my problem.  If I owe you $100,000,000 that's your problem.

Thu, 04/10/2014 - 12:48 | 4643864 Odin
Odin's picture

Annnd the first big domino tumbles...

Thu, 04/10/2014 - 13:10 | 4643963 Element
Element's picture

Just yesterday Abbot said in China that he wanted to see Sydney become a center for the exchange of the Yuan.

Thu, 04/10/2014 - 14:21 | 4644218 BlindMonkey
BlindMonkey's picture

And that makes sense why??

Thu, 04/10/2014 - 21:29 | 4645869 UselessEater
UselessEater's picture

Abbot also discussed 'high-level defence exchanges' with Premier Li. How nice.

Thu, 04/10/2014 - 13:27 | 4644010 drendebe10
drendebe10's picture

More intended/unintended consequences from the policies of the divisive arrogant narcissistic lying illegal alien kenyan muslim sociopathic ignoramus fudge packer in chief only interested in its grand imperial lifestyle and $17K dresses for its wookie.... 

Thu, 04/10/2014 - 14:27 | 4644230 BlindMonkey
BlindMonkey's picture

You need a few hyphens in there to really make your point about Barry.

Thu, 04/10/2014 - 15:26 | 4644516 HardlyZero
HardlyZero's picture

This was a great SteelyDan fits here now...great tune, which means something here and now.


I'm not one to look behind I know that times must change
But over there in Barrytown they do things very strange
And though you're not my enemy
I like things like they used to be
And though you'd like some company
I'm standing by myself
Go play with someone else
I can see by what you carry that you come from Barrytown

Thu, 04/10/2014 - 17:10 | 4644928 graneros
graneros's picture

I've always like that song.  You're right the lyrics fit well though I doubt Becker and Fagan would agree with your insights. I'm guessing at that but as they are a couple of rich rockers most likely they are Progressives and Obama supporters. If I am wrong my most sincere apology to the boys.

Thu, 04/10/2014 - 18:10 | 4645146 Leaping Lizard
Leaping Lizard's picture

Fagan and Becker never even hinted at politics in their work beyond the local chiefs-of-police locking up the working girls.  They were much too savvy and cynical to waste their time.  Time to listen to their stuff again, Graneros.

Thu, 04/10/2014 - 12:46 | 4643849 Two-bits
Two-bits's picture

Hope in one hand...

Thu, 04/10/2014 - 12:52 | 4643880 eatthebanksters
eatthebanksters's picture

And holding his pecker in the other...

Thu, 04/10/2014 - 12:48 | 4643857 Grande Tetons
Grande Tetons's picture

Rat children onboard equals zero. 

Thu, 04/10/2014 - 16:20 | 4644730 chapaev's ghost
chapaev's ghost's picture

Someone asked me yesterday- "Why is American foreign policy so feckless?"

"Because there is no real leadership at the top," I answered. "Compare the two leaders, Putin and Obama.

Putin: What you see is what you get. He really did attend Leningrad State University, and you really can access his records there.

Putin really does hunt, and he really does kill things and eat them.

Putin really does believe in God, and he really does practice Judo.

Putin really was/is married to a real woman, and his children really are his biological offspring.

Putin really is a citizen of Russia, and he really is a patriotic nationalist, and really does believe in Russia.


Obama: Obama lied about his education and all his records are sealed.

Obama doesn't really believe in God, and he doesn't really have any real skills, although he is rumored to be a decent golfer.

Obama is a lying closeted homosexual, with a sham marriage to a transsexual man, and his kids aren't his own biological children, which is ok, except that he pretends that they are his, which is a lie.

Obama is not a citizen of the US, and he hates the nation he leads, and his mission is to destroy America and everything it stands for.

So there you have it- leadership leads mostly by example. Obama can fool Americans, and he can live in his fantasy world domestically, but "out there" the shit is real, and if you're a phony, a pretender, a usurper, and a fraud, the real men will eat you up.


Thu, 04/24/2014 - 11:45 | 4690833 Rodders75
Rodders75's picture

I'll have what he's having

Thu, 04/10/2014 - 13:19 | 4643988 Mr Giggles
Mr Giggles's picture

A few more US ships and the bosphorus will close, sailors may become walkers, when the food runs out, lets hope it doesnt get that far.

Thu, 04/10/2014 - 15:37 | 4644564 Tom_333
Tom_333's picture

It´s the Bosporus. Nothing to do woth phosphor. At all.

Thu, 04/10/2014 - 18:13 | 4645213 Leaping Lizard
Leaping Lizard's picture

Except that it may be the match that lights a thermonuclear war.

Thu, 04/10/2014 - 13:54 | 4644114 Anusocracy
Anusocracy's picture

Honest sailors that are as honest as the enforcers for organized crime.

The elite do appreciate their sacrifices, though.

Thu, 04/10/2014 - 14:30 | 4644243 BlindMonkey
BlindMonkey's picture

That's why the elites put up so much money for the various and sundry memorials.

Nothing says "sucks to be you" quite like engraved marble.

Thu, 04/10/2014 - 17:57 | 4645126 Anusocracy
Anusocracy's picture

Like the Tomb of the Unknown Dupe?

Thu, 04/10/2014 - 14:06 | 4644153 debtor of last ...
debtor of last resort's picture

They won't come home unless they get paid in rubles.

Thu, 04/10/2014 - 16:35 | 4644794 Wahooo
Wahooo's picture

Sent to die in a Bankster War.  Prayers up.

Thu, 04/10/2014 - 13:11 | 4643962 Deathrips
Deathrips's picture

Perfect time for some genius from George Carlin.


Buy Silver Bitchezz.



Thu, 04/10/2014 - 15:59 | 4644636 Drifter
Drifter's picture

"Not surprising petrodollar is comming under pressure."

Russia is smart keeping this fight in the financial area.  They can really hurt the petrodollar, horseface can't point fingers at military movements, msm can't bash Russia for "invading sovereign nations".

Bringing down the petrodollar is the real victory Russia/China want, punishing American imperialism better than anything else short of nukes, and let's hope it doesn't go that far.

Thu, 04/10/2014 - 12:38 | 4643810 Pladizow
Pladizow's picture

Sha na na na....

Thu, 04/10/2014 - 13:50 | 4644099 Son of Captain Nemo
Son of Captain Nemo's picture

Which reminds me...  Is the one with his "balls dropping" Jamie???

Thu, 04/10/2014 - 12:53 | 4643886 Dubaibanker
Dubaibanker's picture

We have another person who has been converted......

Better late than never!

Please extend a warm welcome to International Monetary Fund Managing Director Christine Lagarde.

Lagarde Says China’s Yuan Widening Isn’t Intentional Weakening

Bank of China issued a 2 year CNH bond yesterday for 1 billion CNH, it collected over CNH 5bn and I did not get allocated.....hold several more earning 4% to 5% pa and very stable at CNH 99 for Gazprombank to CNH 102 for ICICI bank and some other CNH CD's which are paying 7% to 8% pa with leverage and with only limited CNH risk which if you keep holding, it keeps appreciating!

Thu, 04/10/2014 - 12:58 | 4643906 Mark Urbo
Mark Urbo's picture

Putin is getting ready to turn that valve off anytime now.  He could even turn it off momentarily and cause the EU to soil themselves...   

Thu, 04/10/2014 - 13:09 | 4643958 crazzziecanuck
crazzziecanuck's picture

The EU and the USA would unleash their neo-Nazi stooges USAID and NED money helps fund.  They'll turn on the Russian population inside Ukraine and make them the first casualties of the petro-dollar war.  "We're not funding Right Sektor!  Honest!"

This will allow the West to force Putin to intervene in east Ukraine, thereby getting Putin to fire the first shot.  We all know this is how the MSM is going to play this.

Or I could just be cynical and paranoid.

Thu, 04/10/2014 - 18:21 | 4645249 Leaping Lizard
Leaping Lizard's picture

This is exactly what I have been thinking.  The top lizards aren't stupid though they are psycho.  They want a thermonuclear war and they have Putin backed into a corner.  NATO can't last a month in a conventional war in Ukraine.  The fascista Nudelman army and 150 Blackwater thugs can't last a day.  Yet the psychos knew this all along.  They think they can survive the war 2 miles under ground drinking single malt.  When the top politicians disappear from live television, thens it's time to kiss your ass goodbye.

Fri, 04/11/2014 - 06:39 | 4646647 The wheels on t...
The wheels on the bus are going to fall off's picture

I think your spot on, it must suck in some way to be Putin right now because the masses will be convinced of the provocation.

Imagine being a president and a patriot of Russia and your civilians are trapped in a government building in eastern ukraine demaning to be part of the motherland....can you honestly believe that Putin is not going to invade these cities and allow them to be slaughtered? what would the rest of Russia think?

He has little option, he will be whored out by the propaganda machine in the west.

This could catapult the whole world into chaos in some form or another but i hope not nuclear war.

Thu, 04/10/2014 - 12:42 | 4643830 Zadok
Zadok's picture

This is full function #%^€>-off to the money changers.

Thu, 04/10/2014 - 13:04 | 4643936 Chief KnocAHoma
Chief KnocAHoma's picture

This time could be different. Not sure the Tribe is actually playing both sides of this conflict, but rather one side is trying to rid itself from the rot that is fiat.

When this war goes hot the US/UK(including the Aussies)/EU (Maybe without Germany)/Japan/Israel will be on one side - everyone else on the other. This is gona be a big mam a jama war with lawyers, guns and money. Tanks will roll everywhere. Food will be short in supply. Oil will be hoarded by the military. Amunition will be hoarded by the military. People you know will die. 

The West has not one leader with brains enough to stop this or win this.

I now recall an interview I saw shortly after Obama won. It was a Russian stating matter of factly that O was going to be the last President of the USA. He predicted the country would fracture. 

That outcome might not happen, but it may be defeated and occupied.

Sleep tight children because when you wake there is some scary shit in your future.

Thu, 04/10/2014 - 13:34 | 4644023 drendebe10
drendebe10's picture

Ha!  Fat frackin chance... fat frackin chance... but then maybe the fudge packer in chief may have that as its 19th hole game plan but doubt it because then it would lose its grand imperial golf life style and no more $17K dresses for its wookies or 70 entourage tax payer funded excursions to china....

Thu, 04/10/2014 - 13:51 | 4644105 Herd Redirectio...
Herd Redirection Committee's picture

At best you could occupy part of the US.  Lets hope they occupy Washington, Manhattan, NJ...

Thu, 04/10/2014 - 14:44 | 4644301 john39
john39's picture

ah, but the U.S. was occupied by through stealth by a foreign power long ago...

Thu, 04/10/2014 - 14:09 | 4644166 paddyirishman
paddyirishman's picture

keep an eye on the slimeballs, but there're usually playing both sides.

Thu, 04/10/2014 - 14:15 | 4644196 paddyirishman
paddyirishman's picture

keep an eye on the slimeballs, but there're usually playing both sides.

Thu, 04/10/2014 - 15:12 | 4644417 hobopants
hobopants's picture

They will need one hell of a false flag, and even then it will probably throw the US  into another civil war. People are fed up with this warmongering shit

Thu, 04/10/2014 - 17:43 | 4645039 Rafferty
Rafferty's picture

Not sure the Tribe is actually playing both sides of this conflict..


Gee, that'd be a first.  Must keep an eye out from now on........

Thu, 04/10/2014 - 18:29 | 4645288 Aussie V
Aussie V's picture

The prediction that Obama would be the last US President was made by a famous Bulgarian blind clairvoyent with a big Russian following. Her name was Baba Vanga. She was ugly and now dead, but we all could see that comin.

Fri, 04/11/2014 - 00:11 | 4646330 DrData02
DrData02's picture

In that case it would be nice NOT to be where those tanks are.  Wouldn't it be very stupid to enlist or re-enlist in the US military?

Thu, 04/10/2014 - 14:06 | 4644154 mtndds
mtndds's picture

Phuck ya!!!  Let the reset begin.  Its on like donkey kong!!  Phuckers.  Start jumping, Phuckers

Thu, 04/10/2014 - 14:16 | 4644198 mtndds
mtndds's picture

Finally!!!  Let the reset begin!!  

Thu, 04/10/2014 - 14:20 | 4644211 mtndds
mtndds's picture

How come its not even mentioned on CNBC?  I cant find any mention of it on the CNBC website.

Thu, 04/10/2014 - 14:28 | 4644240 mtndds
mtndds's picture

You know, I think I am going to go contrarian here, I think we are going to end up green in the market today.  And for that matter tomorrow will be green and we will be at record highs.  Bad is good, good is bad.

Fri, 04/11/2014 - 00:38 | 4646377 Real Estate Geek
Real Estate Geek's picture


Thu, 04/10/2014 - 14:49 | 4644315 tempo
tempo's picture

Payment in advance w/o discounts or gas will be shut off. Don't pick a fight with someone who can beat you like a drum. The US/EU/UK look soooo weak, like a bunch of little girls that are going to cry and tell their Mommies.

Thu, 04/10/2014 - 16:41 | 4644815 post turtle saver
post turtle saver's picture

*yawn* just another day in the ZH neo-USSR echo chamber...

ankle biting losers

Thu, 04/10/2014 - 18:42 | 4645334 ZH Snob
ZH Snob's picture

it's all happening just like Jim Willie forcasted last year.  Now, with Russia also changing the symbol on the ruble to gold, look for the petro yuan and barges full of greenbacks backed up in the US harbors. the hyperinflation of some 10 or 20 trillion stinking, sinking dollars washing ashore will become the stuff of legend.


Thu, 04/10/2014 - 12:35 | 4643794 AlmostUncirculated
AlmostUncirculated's picture

The little pawn is moving closer to the king.

Thu, 04/10/2014 - 12:38 | 4643809 maskone909
maskone909's picture

its like playing checkers with somebody with downsyndrome.


"i work with retards",

"isnt that a little politically incorrect?"

"who is to say who i can and cant work with!?"

Thu, 04/10/2014 - 13:37 | 4644033 toys for tits
toys for tits's picture

There's Something About Barry.

Thu, 04/10/2014 - 12:41 | 4643822 45Condor
45Condor's picture

The little pawn is moving closer to the king.

...and the gold in the vault to back up the emergence of the Yuan as a reserve currency. One that is not weighted down with dubious debt, but instead, heavy holdings of something a little more dense than perishing paper.

Thu, 04/10/2014 - 13:50 | 4644104 Terminus C
Terminus C's picture

There is plenty of dubious debt in China.  They may have lots of gold but they are as fucked up by debt as the rest of the lot.  Their fiat is not better than anyone else's.

Thu, 04/10/2014 - 15:41 | 4644580 Praetorian Guard
Praetorian Guard's picture

Who is to say they don't cash out of UST into gold??

Thu, 04/10/2014 - 14:58 | 4644360 graymnzrc
graymnzrc's picture

Who has more debt per GDP? China or USA? More gold? Stronger military?

I think those statements may contradict your position.

I am not saying that the Asianic countries can't, won't or shouldn't establish their own regional reserve currency, but according to the data from this site and other references, the Yuan has its warts also.

Is there a chart referencing the ratio of $'s per US gold holdings and Yuan's per China's gold holdings?

Thu, 04/10/2014 - 13:38 | 4644038 drendebe10
drendebe10's picture

Putin allegedly said that negotiating with the fudge packer in chief is like playing chess with a pigeon. It knocks all the pieces over, craps all over the board, then struts around like it won....

Thu, 04/10/2014 - 12:36 | 4643795 maskone909
maskone909's picture

correlation is not causation""


lets see some waterfalls peeps

Thu, 04/10/2014 - 12:37 | 4643801 Quinvarius
Quinvarius's picture

I don't know how symbolic it is.  If it either is or it is not a financial reality.

Thu, 04/10/2014 - 12:37 | 4643803 BullyBearish
BullyBearish's picture

To be alive during the sad

Thu, 04/10/2014 - 14:02 | 4644140 Tsunami Wave
Tsunami Wave's picture

I just turned 28 recently... oh man, will I live to see all of this. Pretty sad.

Thu, 04/10/2014 - 14:11 | 4644178 TheMeatTrapper
TheMeatTrapper's picture

I'm 50. I have embarked on an accelerated fitness and diet program. I will live long enough to see it through and be strong enough to take a few of the bastards with me when I go. My hatred of the traitors is my motivation for restoring my health and vigor. 

Thu, 04/10/2014 - 15:28 | 4644535 Tsunami Wave
Tsunami Wave's picture

I agree with what you're doing.  I'm doing all my medical/dental checkups now, doing my fitness and diet change, learning to live on eating less, etc (Amongst a lot of other tasks).  It's basically mandatory to be in very good health before this collapse and everything else comes.  I am guessing a lot of people will die in the not-so-distant future.

Thu, 04/10/2014 - 15:43 | 4644585 Praetorian Guard
Praetorian Guard's picture

If it gets "ugly" approximately 75-80% within a 6-12 month time frame... most of the old, unhealthy, and children within the first 90-120 days...

Thu, 04/10/2014 - 16:23 | 4644741 medium giraffe
medium giraffe's picture


Thu, 04/10/2014 - 17:53 | 4645098 Rafferty
Rafferty's picture

I'm not American yet even I can feel a visceral hatred for those who brought that great country down.

Thu, 04/10/2014 - 15:54 | 4644618 beaglebog
beaglebog's picture

Living to see "all of this", is better than the alternative.

Thu, 04/10/2014 - 16:07 | 4644663 jtg
jtg's picture

Yes, hard times are ahead but you are still young and will see the future beyond the near term crisis in the West and with the dollar. You will live through it like my father lived through the Great Depression. What is coming will be much harder on us that are older.

Fri, 04/11/2014 - 06:43 | 4646653 The wheels on t...
The wheels on the bus are going to fall off's picture

If its an economy collapse, then its a 'shift' of wealth from west to east. Not all countries will go to zero wealth, the best bet is to get out of the western world and into the eastern world.

Singapore, Dubai, Hongkong where their is big expat communities. 

If it becomes a physical war, then we are all fucked.

Thu, 04/10/2014 - 12:38 | 4643804 Bill of Rights
Bill of Rights's picture

Glad I owns the Presious...

Thu, 04/10/2014 - 16:20 | 4644727 quasimodo
quasimodo's picture

Not dissing you bro, and precious is a good thing, but yer gonna need a helluva lot more than some shiney to get throught the shitstorm on the horizon.

Thu, 04/10/2014 - 12:39 | 4643807 Philalethian
Philalethian's picture

Sorry for the channel check and distraction from the economic crash, but this is happening right now:


Thu, 04/10/2014 - 12:40 | 4643820 maskone909
maskone909's picture

i hope that bitch gets fried

Thu, 04/10/2014 - 12:40 | 4643823 CrashisOptimistic
CrashisOptimistic's picture

What led you to believe this article is about partisan politics?


Thu, 04/10/2014 - 12:42 | 4643831 maskone909
maskone909's picture

i enjoy a nice partisan sandchich from time to time.

Thu, 04/10/2014 - 12:45 | 4643843 Zadok
Zadok's picture

Like that will result in anything other than a show...I call distraction from important things.

Thu, 04/10/2014 - 12:38 | 4643811 Kirk2NCC1701
Kirk2NCC1701's picture

Yuan some gas from me?

Thu, 04/10/2014 - 16:40 | 4644811 Peter Pan
Peter Pan's picture

They are roubellling against the dollar

Thu, 04/10/2014 - 12:40 | 4643812 J Pancreas
J Pancreas's picture

Suck it, banksters. I'm not pro-East, however, if only one bankster loses his job because of this I'm a content man.

Thu, 04/10/2014 - 12:39 | 4643817 tony wilson
tony wilson's picture

false flags of zion incoming 3 2 1

operation gladio is back bitches

i can only promise you this

no toil

no sweat

just blood

guts on the floor

and tears

Thu, 04/10/2014 - 13:00 | 4643921 BTCTalks
BTCTalks's picture

We'll soon find that Gladio never went away.

Thu, 04/10/2014 - 12:40 | 4643821 Kirk2NCC1701
Kirk2NCC1701's picture

T Boone Pickens:  "What the frack!"

Thu, 04/10/2014 - 12:46 | 4643825 LawsofPhysics
LawsofPhysics's picture

"Free" markets?  Just saying, if country A won't give you a better trade deal, maybe country B will...

tick tock motherfuckers...

Thu, 04/10/2014 - 12:42 | 4643829 hungarianboy
hungarianboy's picture

Time to convert dollars to Yuan and Rubles and Gold.

Thu, 04/10/2014 - 12:43 | 4643835 Kirk2NCC1701
Kirk2NCC1701's picture

Beijing chef:  "Now we're cooking!"

Thu, 04/10/2014 - 12:43 | 4643837 Bastiat
Bastiat's picture

It's symbolic like a bully getting bitchslapped in public: Doesn't do any real damage but it has a very real and powerful effect.

Thu, 04/10/2014 - 12:44 | 4643838 youngman
youngman's picture

Does this mean the Chinese will by Mc Mansions in Moscow now....and buy their comrade clothes...and Russian cars..quality is quality you know

Thu, 04/10/2014 - 12:48 | 4643865 F.A. Hayek
F.A. Hayek's picture

I'm hearing there's a huge upswing in Russian liar loans, 0% down, flipping houses and pulling equity out. HGTV has a new series coming out called 'Flipping the Gulag'

Thu, 04/10/2014 - 12:55 | 4643890 maskone909
maskone909's picture

now thats funny.

perhapse the new lineup will read something like:


how to recycle and drink your own urine.

how to renovate your new FEMA cell

how to convert 100 dollar bills into two ply ass wipes


Thu, 04/10/2014 - 13:07 | 4643952 F.A. Hayek
F.A. Hayek's picture


FEMA camp District 12: Love it or Flee it

Thu, 04/10/2014 - 12:44 | 4643841 Martin Silenus
Martin Silenus's picture

It's yuan like Donkey Kong.

Thu, 04/10/2014 - 13:19 | 4643987 Alea Iactaest
Alea Iactaest's picture

It's been on for quite some time.


Gazprombank places 3-yr yuan Eurobonds at 4.25%
January 23, 2014

Gazprom May Borrow in Chinese Yuan This Year, CFO Kruglov Says
February 17, 2011

The bigger plan is to make the USD so hated that everyone will cheer when it finally gets flushed.

Thu, 04/10/2014 - 14:55 | 4644348 mt paul
mt paul's picture

yuankey kong 

Thu, 04/10/2014 - 12:45 | 4643844 SheepDog-One
SheepDog-One's picture

Symbolic, like a 1 finger salute.

Thu, 04/10/2014 - 12:46 | 4643848 Bill of Rights
Bill of Rights's picture

This is all to easy in my eyes and a very well coordinated plan to crush the US dollar. The distractions to do so are right in front of us.

Again I much prefer holding metals here as it is the currency of currency's.

Thu, 04/10/2014 - 12:46 | 4643850 F.A. Hayek
F.A. Hayek's picture

Obama walked right into this and volunteered us for this disaster. I know the guy is stupid, but can someone explain how anyone can really be THAT stupid?

Thu, 04/10/2014 - 12:47 | 4643852 Itchy and Scratchy
Itchy and Scratchy's picture

'Dreams of His Father'

Thu, 04/10/2014 - 12:49 | 4643869 Chuck Knoblauch
Chuck Knoblauch's picture

All is going according to plan. The Queen is a puppet following CFR policy. Totally un-American, and illegal, but a testament to the degree of our infiltration by neo-communists.

Thu, 04/10/2014 - 12:58 | 4643908 hungarianboy
hungarianboy's picture

And his advisors!

Thu, 04/10/2014 - 17:59 | 4645142 Rafferty
Rafferty's picture

Don't forget Obama is just a hand puppet looking to his next golf round.  His handlers?  Who knows?

Thu, 04/10/2014 - 18:45 | 4645349 Husk-Erzulie
Husk-Erzulie's picture

Meat puppet or not; I want that fucker perp marched into the dock for war crimes (the rape of Libya) and treason (willful failure to preserve and defend the constitution).  I have pinned my hopes for justice on the Hillary Clinton administartion BTW. </s>

Fri, 04/11/2014 - 04:31 | 4646575 Raging Debate
Raging Debate's picture

FA Hayek - Obama is not stuoid at all. He is doing exactly what he is bein told to do. That is to make America look ridiculous. That spurs investment East. Why another trade deal (TPP) being offered up to further hollow out America? Even that wanker Henry Reid put the brakes on it, Reid likes his heas on his shoulders. Obama is a manchurian candidate. Just a *igger on the plantation and my fellow black friends are starting to realize what I told them several years ago is true.

Look at half the commentary here of people cheering on Putin and China. As if those leaders are somehow going to save mankind. Give me a break. The Kubaki theatre may fool 98% of the population but not me. I am not picking sides. I will be ready for what is coming and look after all I can.

As the bankers, they watched a lot of Star Trek. There sending Enson Benson down to the dangewous red plan-et to save the Enterprise. But black Benson fucks up and dies, putting all of the crew on board Enterpuse earth in mortal peril. A certain portion of the officers must now be punished for their mistakes according to the rest of the crew but they beam down to the moon where they have a genesis cave while the rest of the crew starves. Meanwhile the Reliant, funded by the Enterpise is closing in on it. Can't leave a trail to incriminate themselves at the end of the adventure. The Reliant and Enterpise both get blown up real good and the remaining earthlings go find the geneis cave. They have a lot of new and intwesting experi-ments to conduct about how to properly run a planet, deal with sociopaths and figure out immortality and the next dimension. Did you like the final evolutionary script?

Thu, 04/10/2014 - 12:47 | 4643853 the not so migh...
the not so mighty maximiza's picture

idiots in DC

Thu, 04/10/2014 - 12:52 | 4643884 Chuck Knoblauch
Chuck Knoblauch's picture

They are the architects of your future servitude to a global communist dictatorship. They are not idiots. I wish it was just that, but it's far more dangerous than you think.

Thu, 04/10/2014 - 12:48 | 4643856 Flying Spaniard
Flying Spaniard's picture

Russia "My enemies enemy is my friend."

US of A "Everyone is my enemy even my own people"

China "We are all friends" 

Thu, 04/10/2014 - 12:48 | 4643860 Oldballplayer
Oldballplayer's picture

Wait....How many dollars is that?  Everything is in dollars right?  I mean, its been that way FOREVER. 


It hasn't?

I've always got paid in dollars.  So you MUST be wrong.

Thu, 04/10/2014 - 12:54 | 4643887 SpanishGoop
SpanishGoop's picture

In Yuans you are a millionair six times sooner.


Thu, 04/10/2014 - 13:59 | 4644124 NoTTD
NoTTD's picture

Ancient Chinese proverb.

Thu, 04/10/2014 - 12:51 | 4643871 RealityCheque
RealityCheque's picture

This was the Fed boardroom just a few minutes ago...


Thu, 04/10/2014 - 12:57 | 4643901 CoonT
CoonT's picture


Thu, 04/10/2014 - 13:06 | 4643943 the not so migh...
the not so mighty maximiza's picture

janet yellen is having a panic attack in centre isle



Thu, 04/10/2014 - 14:17 | 4644115 Sweet Chicken
Thu, 04/10/2014 - 12:52 | 4643872 buzzsaw99
buzzsaw99's picture

i enjoy watching putin hob knobbing with his newest bestest banker buddies the chinese. hoary fuk this is funny. hard money lenders, har har.

Thu, 04/10/2014 - 12:51 | 4643874 John McCloy
John McCloy's picture

Love it.
And this is the sort of event that would force the Fed to have no other choice but to hike rates and end's either that or global war. My money is on war sadly because it's going to take tremendous pressure before the Fed and purchased politicians accept that all pipers get paid on a long enough timeline.
These fuckers love their fun coupons.

Thu, 04/10/2014 - 13:20 | 4643992 cougar_w
cougar_w's picture

Raise rates and destroy everything within 36 months.

End QE destroy everything in 12 months.

Raise rates and end QE, and destroy everything in 3 months.

Now -- choose.

Thu, 04/10/2014 - 13:27 | 4644009 Alea Iactaest
Alea Iactaest's picture

@ cougar

I was starting to type a comment above about how this is NOT a positive development if you're long the USA (if, for example, you live there). I re-read what I had typed, thought about the ZH tagline, "on a long enough timeline..." and then deleted it. I decided the outcome is certain, the timing is open to negotiation. Your post sums up my thinking precisely.

How much more of this BS before everyone hates the USD (including people living in the US)?

Thu, 04/10/2014 - 14:23 | 4644146 cougar_w
cougar_w's picture

How can anyone not be long the US? The US is the current game, the next game, and yet the end game.

Western civilization, triumphant and glorious, is pretty much now human civilization. The West won, that game is over. There were vast losses in the last lap and not all nations are equally successful under the Western model. Including many of the leading lights that started during the advancing stages of the West (Britain, Spain, Austria, the Ottomans) who have since grown old and irrelevant, or vanished altogether. Like it or not the US is the pinnacle of the history of Western civilization though not by any virtue of being illuminated perfection anointed under God's approving gaze, but simply by having been the latest, last and least soiled of the dirty shirts that rose from the ashes of great Rome. Even China under an unbroken string of communist rulers became "westernized". Such delicious irony.

No I'm sorry but all the eggs are in the US basket. Even the eggs in Russia and China. There is no escape now for anyone. The US will fall, taking with it the blood-stained rags of the  Western model of civilizations. The Ruso-Sino block will form and maybe something of that will survive, but it will be something for their private enjoyment. I predict the idea of any kind of global "civilization" (whatever that meant, however it was used) will finally be set aside by a grateful species, which though clever is destined now for a much simpler and more comprehensible kind of existence. Though how "civilized" that will become I don't dare speculate. Probably, the very word will leave language altogether.

Thu, 04/10/2014 - 15:51 | 4644610 Herd Redirectio...
Herd Redirection Committee's picture

Its still a global empire model.

Something decentralized will spring up.  I forsee... People riding bicycles, and travelling by sail!  :)

Thu, 04/10/2014 - 17:07 | 4644665 cougar_w
cougar_w's picture

But you won't find global empire pedalling it's fat ass around on a bicycle. Which is just fine with me.

If more women knew how sexy they looked on a bicycle they'd travel in no other style.

Come on girls, we all know what you're doing there. Deny it all you want.

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