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Furious Russia, Downgraded To Just Above Junk By S&P, Proposes "Scorched Earth" Retaliation Against NATO Countries

Tyler Durden's picture




 

Cyprus and Russia - what's the difference (aside from the fact that the former was a money laundering offshore center of the latter until last year of course)?

If you said one is a lackey to statist, selfish banker interests, and after having its economy thoroughly destroyed by the great doomed European sociopolitical (and pathological) experiment, came crawling back to its Eurozone masters, while the other couldn't care one bit about Pax Petrodollariana and the global central bank cabal, you are right. In which case it will also be clear why a few hours ago that joke of a rating agency, Standard & Poor's, which also earlier announced it was "affirming" France at an AA rating making it very clear it will no longer accept being sued for telling the truth and downgrading sovereigns or otherwise have its offices abroad raided, not only upgraded Cyprus from B- to B (please deposits your funds in Cyprus banks now: they are safe, S&P promises), but - far more importantly - delivered a political message to the Kremlin, and downgraded Russia from BBB to BBB-, one short notch away from junk status. This was the first downgrade of Russia by S&P since December 2008.

WSJ reports:

"In our view, the tense geopolitical situation between Russia and Ukraine could see additional significant outflows of both foreign and domestic capital from the Russian economy and hence further undermine already weakening growth prospects," S&P wrote in its report.

 

Moscow's MICEX stock index fell by 1.5% after the move. The ruble weakened 0.6% against the dollar to 35.977.

 

A further cut to junk status would be a big move, given Russia's relatively modest level of debt, according to Tim Ash, an economist at Standard Bank.

 

"But if the crisis in Ukraine deteriorates further, and we see sustained capital flight and pressure on the ruble and Russian markets further, then it is possible," he said.

Russia's response was prompt.

First, in retaliation to the downgrade, Russian economy minister Alexei Ulyukaev said S&P’s downgrade of Russia’s rating was expected by investors, won’t significantly change their behavior, adding the obvious that the decision to cut Russia’s rating was partly political, partly based on economic situation. In other words, entirely symbolic - it is not as if Russia has access to bond markets anyway, plus as we wrote earlier this week in "Why Putin Is Smiling At The Bond Market's Blockade Of Russia", it is not as if it needs them.

But far more importantly, and ahead of yet another round of western sanctions which appears imminent unless Obama is to look even more powerless than he currently is (granted, a difficult achievement), Russian presidential adviser Sergei Glazyev proposed plan of 15 measures to protect country’s economy if sanctions applied, Vedomosti newspaper reports, citing Glazyev’s letter to Finance Ministry. According to Vedomosti as Bloomberg reported, Glazyev proposed:

  • Russia should withdraw all assets, accounts in dollars, euros from NATO countries to neutral ones
  • Russia should start selling NATO member sovereign bonds before Russia’s foreign-currency accounts are frozen
  • Central bank should reduce dollar assets, sell sovereign bonds of countries that support sanctions
  • Russia should limit commercial banks’ FX assets to prevent speculation on ruble, capital outflows
  • Central bank should increase money supply so that state cos., banks may refinance foreign loans
  • Russia should use national currencies in trade with customs Union members, other non-dollar, non-euro partners

In other words, a full-blown scorched earth campaign by Russia.

Granted, Russian holdings of US Treasurys are not that substantial (and could be monetized entirely in three months of POMO by the Fed), and western financial linkages to Russia, aside from trade routes, are not life-threatening, but if Russia were to take the baton, and other BRIC countries, already furious by the recent US decision to not boost their IMF status, follow suit, then Obama's life is about to become a living nightmare. Especially, if that most important BRIC member - China - does any of the many things it can do to indicate if, in this brand new Cold War, it is with or against the US...

Finally, those curious what are the linkages between the west and Russia are, review our recent post on the matter: All You Need To Know About Russia, In Charts.

 

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Fri, 04/25/2014 - 04:55 | 4694151 SidKhadak
SidKhadak's picture
Russia, India, China planning epic $30 Billion Oil Pipeline that could shift the Geopolitical balance

Russia and India are planning to construct a $30 billion oil pipeline through China’s restive Xinjiang province. If successful, the pipeline will be the most expensive in the world.

The groundwork for the project was laid on October 21, 2013, during Indian Prime Minister Manmohan Singh’s visit to Moscow for the 14th India-Russia Annual Summit. Singh and Putin issued a joint statement that said, “Russia and India have agreed to establish a joint group to study the possibility of direct ground transportation of hydrocarbons.”

That announcement reaffirmed the two countries’ joint commitment to implement the Agreement between the Government of the Russian Federation and the Government of the Republic of India on the Enhancement of Cooperation in Oil and Gas Sector, which was concluded on December 21, 2010.

The project has been on the drawing boards for nearly a decade, as Russia and India first began discussing it in 2005.

Russia, India, China planning epic $30 Billion Oil Pipeline that could shift the Geopolitical balance
Fri, 04/25/2014 - 04:59 | 4694161 Haus-Targaryen
Haus-Targaryen's picture

Wake me up when someone starts shooting.

Fri, 04/25/2014 - 05:02 | 4694170 Rakshas
Rakshas's picture

What's your address I'll send an associate right over to help you out with that ....... he's very good at shooting.... you want lubricant ??

Fri, 04/25/2014 - 05:05 | 4694176 Haus-Targaryen
Haus-Targaryen's picture

1600 Penn ...

Fri, 04/25/2014 - 05:09 | 4694186 Rakshas
Rakshas's picture

Ok so that is no to Lube, my associate is hung like a mule but if you live at the 1600 you'll hardly feel a thing,  

Fri, 04/25/2014 - 05:18 | 4694207 Haus-Targaryen
Haus-Targaryen's picture

You work with Vlad?

Fri, 04/25/2014 - 05:24 | 4694216 negative rates
negative rates's picture

Russia doesn't give a shit about no stinking grading agency!*

Fri, 04/25/2014 - 06:00 | 4694282 Harlequin001
Harlequin001's picture

No need to worry until Russia demands payment for its gas from Europe in gold.

Which is precisely what will happen once these stupid bastards have frozen them out of the bond markets.

Then you know the shooting war is about to start because Russia won't give a shit about downgrades once they have gold in money, and neither will anyone else.

Europe will want this ended, very quickly.

Fri, 04/25/2014 - 06:15 | 4694299 Supernova Born
Supernova Born's picture

The lack of a single mention of gold in this thread's hypothetical strategery makes me doubt both its sincerity and its credibility.

Fri, 04/25/2014 - 07:32 | 4694440 old naughty
old naughty's picture

Hey com'on Russia, at least they still put you above junk.

I like them down arrows now please.

Fri, 04/25/2014 - 07:36 | 4694455 SoilMyselfRotten
SoilMyselfRotten's picture

Well now, talk like that won't get you a seat at the NWO table

Fri, 04/25/2014 - 07:44 | 4694483 old naughty
old naughty's picture

who says i want to go there?

Does one has to put in /sarc?

Fri, 04/25/2014 - 08:19 | 4694554 Pinto Currency
Pinto Currency's picture

 

There's been a run on physical gold at the LBMA since last July and it has been ramping this year.

The gold/financial sytem rig is collapsing under the debt bubble it has created.

Blame Putin. 

We need war to address the problem of the central banking debt bubble.

Fri, 04/25/2014 - 08:24 | 4694603 strannick
strannick's picture

The same SnP that told us junk mortgages were AAA?

Fri, 04/25/2014 - 08:32 | 4694636 Pee Wee
Pee Wee's picture

America, FUCK YEAH!

Fri, 04/25/2014 - 14:15 | 4696304 Jack Napier
Jack Napier's picture

Living with you is like living in a living nightmare!

Fri, 04/25/2014 - 16:18 | 4696996 old naughty
old naughty's picture

At least you l i v e (not e v i l), no?

Sat, 04/26/2014 - 03:29 | 4698326 jeff montanye
jeff montanye's picture

sergei glazyev, given the timing, may feel "first things first".  gold is infinitely patient and the west will not have more of it in six months' or a year's time.  the world of currencies and counterparties must be addressed immediately.

born in Zaporizhia, Ukraine, dr. glazyev (phd in economics, moscow state university, but what can you do?) was one of the first people to be individually sanctioned by the obama administration. one of his many books, "genocide: russia and the new world order", is available in english translation. 

he may prove to be a formidable opponent of the western political class.

Fri, 04/25/2014 - 09:22 | 4694849 SafelyGraze
SafelyGraze's picture

left off of list:

withdrawing its gold from the IMF

 

Fri, 04/25/2014 - 13:52 | 4696183 NewThor
NewThor's picture

If they found 10 times the amount of Gold known to man,

what would the price be?

 

Here ends the lesson.

Fri, 04/25/2014 - 14:11 | 4696276 Pinto Currency
Pinto Currency's picture

 

When you pay with Weimar currency, you always get an infinite price.

Here ends the Weimar currencylesson.

Fri, 04/25/2014 - 14:15 | 4696303 NewThor
NewThor's picture

I understand Fiat Physics.

I am attempting to teach about Gold as a Religion.

How is GOLD created?

That's a big enough clue.

I don't want to get suicided. 

 

 

Fri, 04/25/2014 - 16:55 | 4697159 Pinto Currency
Pinto Currency's picture

 

While you are making infiinite gold, do a run of oiil and wheat please.

Sat, 04/26/2014 - 03:02 | 4698317 jeff montanye
jeff montanye's picture

also intelligent, attractive, wealthy women with a taste for chubby old guys with a tendency to rant (since he's got the machine turned on).

Fri, 04/25/2014 - 13:42 | 4696127 Conchy Joe
Conchy Joe's picture

Shit I didn't realize that they were just a scam rating agency controlled by the US

I though they actually looked at each case and evaluated truthfully without bias like professionals do

/Sarc off

Fri, 04/25/2014 - 17:00 | 4697168 wee-weed up
wee-weed up's picture

Hell hath no fury like a pissed off bare-chested grizzly-riding polonium-dispensing journalist-shooting ex-KGB Ruskie dictator.

Sat, 04/26/2014 - 04:08 | 4698348 jeff montanye
jeff montanye's picture

don't forget "blueberry hill" singing and playing and "pattern on a hoarfrost-encrusted window" painting.

Fri, 04/25/2014 - 10:26 | 4695108 hungarianboy
hungarianboy's picture

Problem here is that there is not enough gold in the EU and US to buy enough Gas/Oil from Russian federation.

 

Fri, 04/25/2014 - 11:11 | 4695278 Harlequin001
Harlequin001's picture

Maybe not at this price. But if the gold price adjusts upward for fair value it would...

Fri, 04/25/2014 - 11:37 | 4695383 Citxmech
Citxmech's picture

By definintion.  

The scary part of all this for the "service" economies is that on a gold/oil standard, any country who needed to purchase oil would actually have to treat it like an investment with an eye toward producing stuff of value with it that other countries would pay for.  Otherwise they would be depleated of their PMs in a heartbeat and left immobile in the cold.

Fri, 04/25/2014 - 12:06 | 4695547 Leaping Lizard
Leaping Lizard's picture

Time to reopen Kissinger's gold window.  Oh sorry, out of stock at the moment.

Sat, 04/26/2014 - 04:10 | 4698353 jeff montanye
jeff montanye's picture

by definition indeed.  as you note though, not everyone has gold.  how much the west has left is a matter of some conjecture.

Fri, 04/25/2014 - 14:11 | 4696282 SDShack
SDShack's picture

Bingo, plus don't forget that the Welfare state would have to collapse to conserve assets/gold/dollars for the elites. That's why the bankers are fighting like their lives depend on keeping the ponzi going, because they do. Cut off the EBT cards, and riots and revolution begin immediately.

Fri, 04/25/2014 - 16:23 | 4697021 msmith9962
msmith9962's picture

So you are saying that gold is a store of value?  And that it will be traded between places which actually create goods and services of value?  So what does this mean for my edible arrangements store?

Fri, 04/25/2014 - 21:36 | 4697914 TheReplacement
TheReplacement's picture

Mmm, I think he was saying that there literally is not enough gold, as in, not enough gold at any price, as in, the gold is goneski.

Fri, 04/25/2014 - 22:45 | 4698033 Citxmech
Citxmech's picture

Oh - It's all somewhere.  If it existed before, then somebody has it

now.

Fri, 04/25/2014 - 11:13 | 4695280 Raging Debate
Raging Debate's picture

Harlequin001 - I agree. Here is another take to consider about the current geopolitics:

1) The US funded China to become the global reserve currency peg The IMF has stated this is a defacto situation.

2) Part of the job of reserve currency peg is to protect global trade. China is not ready militarily but Russia is. I do not buy all of these actions being taken in Ukraine by East or West as intentionally provocative above the surface, what the general population perceives.

3) The West should have begun global trade rebalancing with the East starting in 2005. Massive overshoot which had real consequences on both Western and Eastern populations.

4) There was too much interference or poor implementation from the West in Ukraine. Not all goes as planned. There are games within games. Everybody wants to rule the world. If there was no cooperation between the US, China and Russia you wouldn't be seeing cooperative EMP drills, Russia still sending up American astronauts to the space station or Russia Times being permitted to operate freely here in the US.

5) Russia is a very dangerous cornered Bear sandwiched between Europe, the US and China. Things go wrong with establishing global reserve peg and the shifting military provisioning to protect global trade. From a bigger perspective and dangers that exist, betrayels happen. Look at the US funding Nazi Germany to establish an EU back then. He went full retard.

Some food for thought.

Fri, 04/25/2014 - 13:40 | 4696120 DavidPierre
DavidPierre's picture


Systemic failure and its pathogenesis have been over 50 years in progress, with countless events.

The origin is found with the cabal murder Kennedy, but the climax finale will be found with the Saudi Petro-Dollar rejection and the arrival of Eastern gold-backed currencies.

The pathogenesis is fierce, vicious, multi-faceted, coordinated, enforced, unstoppable, destructive, vile, with many unfortunate aspects and facades. The extreme vulnerability of the financial crime syndicate can finally be seen, the symptoms obvious.

http://news.goldseek.com/GoldenJackass/1398456000.php

Fri, 04/25/2014 - 13:37 | 4696100 JuliaS
JuliaS's picture

If Russia maintains its strategy there might very well be assassination attempts against Putin. I'm curious to know what substitutes he has standing by to take over if SHTF. Russia already had a Western puppet - Yeltzin... well, not so much a puppet, but a home-grown sellout. Almost brought Russia to its knees. Foreign investors were dumping cash into the country pillaging natural resources at an alarming rate.

Then Putin arrives and nationalizes everything worht nationalizing. Yeltzin's "open season" on domestic property ends up working in Russia's favor. With the western guidance Russia modernizes all of their industries and then turns right around saying: "Thank you very much. We take over from here".

This time around, if Putin's eliminated, the West would love to install a Yeltzin-like figure. The only problem is that with public sentiment running in favor of Putin's handling of the situation, the country would not tolerate anyone different, so pulling a sleight of hand would be extremely difficult.

It seems that the situation offers no "diplomatic" solutions to the coup-planning branch of the CIA. Ukraine is worth defending because it is already split in 2. It can be steered. Russia cannot. It cannot be sanctioned. It cannot be threatened. So the only thing left is an all out war.

Negotiations between NATO/US and any anti-west country always remind me of confrontation between ED-209 and Mr. Kinney.

http://www.youtube.com/watch?v=A9l9wxGFl4k&t=1m30s

Fri, 04/25/2014 - 06:44 | 4694292 Supernova Born
Supernova Born's picture

How many bricks of gold can a house of cards support?

Gold and guns and Putin has won (without firing another shot).

If Putin wants Russia back on the first tier he will leverage gold against the scum banksters of the world.

The banksters don't even fear nukes as much as they fear a nation state of Russia's power putting gold back where it belongs.

Nukes AND gold. 21st Century power.

Fri, 04/25/2014 - 07:54 | 4694510 Tabarnaque
Tabarnaque's picture

Gold is catching up a nice breeze in the overnight market. I smell something burning, petro-dollars maybe?! And fuck the psychopathic criminals at the Federal Reserve. The've had the world hostage of their scam for way too long.

Fri, 04/25/2014 - 09:09 | 4694785 Ying-Yang
Ying-Yang's picture

The United States has constructed a financial neutron bomb.

For the past 12 years an elite cell at the US Treasury has been sharpening the tools of economic warfare, designing ways to bring almost any country to its knees without firing a shot.

The stealth weapon is a "scarlet letter", devised under Section 311 of the US Patriot Act. Once a bank is tainted in this way - accused of money-laundering or underwriting terrorist activities, a suitably loose offence - it becomes radioactive, caught in the "boa constrictor's lethal embrace", as Mr Zarate puts it.

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/107710...

 

Fri, 04/25/2014 - 09:28 | 4694881 DaddyO
DaddyO's picture

You missed the part in the article about Russia freezing EU assets and plunging the entire world financial system into global turmoil.

i.e. UK and France in the lead up to WWI, trying to contain Germany.

This whole affair is rapidly escalating into the leadup to WWIII

DaddyO

Fri, 04/25/2014 - 09:48 | 4694949 fudge
fudge's picture

Have you got a link that explains the deathly quite in Europe,,there's barely a word from from the leadership,,also looking for a link that explains how europe will cope with civil unrest in every fucking country when these "scarlet letters" cause a collapse as well as a Russia/NATO shooting match.

The fucktard that wrote that article left a shit load of crap unexplained and I don't think the Europe/UK will comply with those letters at all,,they got waaayyy too much to loose.

Fri, 04/25/2014 - 10:10 | 4695052 Kayman
Kayman's picture

Obama's problem with Europe is that Europe has lived the history of Europe. Barry spent more time in the choom wagon than opening history books.

Perhaps a quick call to the President of Canada can enlighten him.

Fri, 04/25/2014 - 11:18 | 4695299 Bindar Dundat
Bindar Dundat's picture

Canada and the U.S.  NOW share the same horrible problem.

Both Countries  have lazy crazy bums on our southern border who want everything for nothing and better healthcare too.

Down arrows please.

Fri, 04/25/2014 - 11:26 | 4695333 misitu
misitu's picture

Calm down, everyone, that was just one of Ambrose's retransmissions.

Salt cellar just over there ;-)

Fri, 04/25/2014 - 08:07 | 4694534 Drifter
Drifter's picture

Maybe not gold settlement yet, but something better, complete abandonment of USD by the entire asian alliance.

That's what US regime is pushing Russia and China to do. Walk completely away from USD.

I expect to see China start unloading treasuries quietly, likely trading them for gold, maybe it's already happening.

Fri, 04/25/2014 - 08:50 | 4694704 Squid-puppets a...
Squid-puppets a-go-go's picture

s'ok - 'Belgium' will be happy to buy them all - even if the amount dwarfs its entire GDP

Fri, 04/25/2014 - 09:42 | 4694860 Drifter
Drifter's picture

Belgium = ECB proxy = Fed proxy.

USD/EUR currency swaps to buy US treasuries don't count as QE.

Neat little gimmick isn't it?

Next we'll see little shitholes like Dunbfuckistan buying huge amounts of treasuries with dollars from under-the-table (off-balance-sheet non-reported) Fed USD/DFX currency swaps.

Any gimmick that doesn't count as QE.

Fri, 04/25/2014 - 14:30 | 4696382 SDShack
SDShack's picture

Exactly right. The Fed and their CB proxies are all the same. They have gamed the system to create the perpetual ponzi in their mind. Their QE has so distorted the bond market that it doesn't matter anymore. China selling treasuries, and Belgium buying them proves it. Every doomsday scenario has been stopped by the bankers, Greece, Italy, Spain, Portugal, Cyprus. People need to stop thinking the BRICS are going to destroy the USSA by selling treasuries. Never going to happen so long as CB collude together to buy treasuries from each other, plus use their printing presses. Their ponzi is sustainable because they have co-opted govts to support the scheme. They did this by monetizing the govt debt. So the bankers own the govt's and the govt's are the muscle that protects the banks. Really a brilliantly executed plan that is horrific for the people, but perfect for TPTB. The only way this unravels is with a currency/trade/resource war. Russia isn't playing the debt game, and China is fast learning what debt problems are in their slowing economy. As commodity prices explode due to CB printing, soverigns will protect their hard resources leading to shortages and real economic hardship. A full blown trade war is the mother's milk of revolution, and can easily lead to a shooting war. At this point, the bankers are either going to win and create a New Feudal World Order, with the world being debt slaves, or the masses are going to revolt against the elites. That's why the bankers are fighting like their lives depend on it, because they do. Plan accordingly.

Fri, 04/25/2014 - 16:21 | 4697012 Ying-Yang
Ying-Yang's picture

New Feudal World Order

Sad but true, CB musical chairs

Fri, 04/25/2014 - 09:30 | 4694888 Al Huxley
Al Huxley's picture

Luckily, they've been saving for a long time, so they're able to provide this crucial support now.

Fri, 04/25/2014 - 11:22 | 4695314 Bindar Dundat
Bindar Dundat's picture

Just wait until they stop shorting GLD so that they keep the physical price low.  

Real war means they short and use the money to buy real gold and then tell us to FO when we ask for cash....As another Canadian said" If you want to do this , then let's do it"

Fri, 04/25/2014 - 12:46 | 4695819 Raging Debate
Raging Debate's picture

Drifter - Why is this a problem for US leadership? They are fully vested there and besides the US is owned indirectly by BIS. It has been though and will be a continued problem for the citizenship. Do you think US leadership has a problem with the price of a steak of gallon of gas?

Fri, 04/25/2014 - 13:19 | 4696017 daveO
daveO's picture

Hyperinflation blamed on China and Russia deflects criticism of the FED's actions. Their puppets in the Obama Adm. will see to it.

Fri, 04/25/2014 - 21:42 | 4697922 TheReplacement
TheReplacement's picture

It would seem as if Russia is not sure of our gold holdings.  We are not sure either.  The Fed and .gov both say it's there.  Other evidence suggests it is not.  Is that reality or is that the western PTB playing coy dog in order to lure the east into overreaching?  My point is, nobody who knows is talking and nobody who's talking knows.

One word:  hedge.

Fri, 04/25/2014 - 12:44 | 4695801 Redneck Hippy
Redneck Hippy's picture

Belatedly, Russia realizes that bankers are weapons of mass destruction.

Most of us became aware somewhat earlier, as the Bush the Lesser's Administration melted down.

Fri, 04/25/2014 - 08:27 | 4694618 BobbyBazooka
BobbyBazooka's picture

"my associate is hung like a mule".... man has he been plowing ur tiny schwing scwing?

Fri, 04/25/2014 - 05:26 | 4694221 Gringo Viejo
Gringo Viejo's picture

Outside the box here. Is the Fed deliberatly trying to crash the dollar?

Fri, 04/25/2014 - 05:51 | 4694269 lakecity55
lakecity55's picture

according to what Kyle Bass was told, yes.

Fri, 04/25/2014 - 09:39 | 4694914 Ignatius
Ignatius's picture

Youtube doesn't load, atleasst for me it won't.

Hmmm...

Fri, 04/25/2014 - 08:08 | 4694553 Drifter
Drifter's picture

"We'll just kill the dollar."

Fri, 04/25/2014 - 08:38 | 4694650 shitco.in
Fri, 04/25/2014 - 08:47 | 4694695 headhunt
headhunt's picture

They buy lubricant in 50 gallon drums there.

Fri, 04/25/2014 - 12:07 | 4695558 Saratoga
Saratoga's picture

33 Liberty St

Fri, 04/25/2014 - 08:44 | 4694682 Groundhog Day
Groundhog Day's picture

Financial world war has already started.  Just because you dont hear gunshots doesn't mean the war hasn't started. 

Fri, 04/25/2014 - 09:01 | 4694757 astoriajoe
astoriajoe's picture

I think I'd change it to:

"Wake me up when someone starts selling. "

 

Fri, 04/25/2014 - 12:49 | 4695841 Redneck Hippy
Redneck Hippy's picture

Somebody has started selling.  Maybe time to check your 401K.

Fri, 04/25/2014 - 10:17 | 4695077 icanhasbailout
icanhasbailout's picture

brrrring!brrrring!brrrring!brrrring!brrrring!brrrring!

 

heh, if Russia really wants to get mean it can set up its own bond rating company and make sure it gets the top global rating for integrity - then rate US bonds accurately. Kaboom!

Fri, 04/25/2014 - 11:18 | 4695296 CheapBastard
CheapBastard's picture

Putin has too much time on his hands now that Kurry cut off his Netflix streaming.

Fri, 04/25/2014 - 05:47 | 4694263 Invinciblehandaxe
Invinciblehandaxe's picture

fuck that fucking fascist states of ass

setting up the EU against Russia solely for UFSA own advantages

fuck you americans every single one of you fuckers

Mr. Putin it is time to cut the fucking gas

make the EU feel the fucking pain right now

it is about time we break the ties with them fuckers americana

let them eat their own shit, let all drop that bloody joo dollar at the same time

 

 

Fri, 04/25/2014 - 06:26 | 4694312 williambanzai7
williambanzai7's picture

Well, if you want to say every single one of us, then fuck you too...

Fri, 04/25/2014 - 06:58 | 4694348 Invinciblehandaxe
Invinciblehandaxe's picture

noo not you, you are probably special in an american way

Fri, 04/25/2014 - 07:09 | 4694373 max2205
max2205's picture

I just want to know who was told this in advance

Fri, 04/25/2014 - 07:23 | 4694407 old naughty
old naughty's picture

Soros.

You just know, when he's not talking about Germany brought in line or oligarchs participating.

Fri, 04/25/2014 - 08:16 | 4694566 Falconsixone
Falconsixone's picture

American way of owning guns otherwise you and all you know would have been dead a long time ago?

Fri, 04/25/2014 - 08:18 | 4694578 V in PA
V in PA's picture

In politically correct America, 'special' means retarded.

Fri, 04/25/2014 - 08:45 | 4694681 headhunt
headhunt's picture

One good thing about Americans is we will kill assholes like you first... and then kill each other.

By the way if your going to slam jews at least have the balls to spell 'jew' correctly.

Fuck you axe.

Fri, 04/25/2014 - 09:11 | 4694759 williambanzai7
williambanzai7's picture

There is a continuously growing group of Americans who can be characterized as politically oppressed... 

The renegade State is showing its true colors, and it has nothing to do with the will of the people.

While I perfectly understand the genral atmosphere of hostility towards Americans, anyone who frequents this site should recognize the amount of dissension.

Anyone who takes one look at me knows that I may be American, but not a statist fuckhead.

The schmucks in Vichy DC are dying to create a brand new boogey monster to replace AQ, and by my estimation Americans are not buying it. They hate McCain et al and they hate Obozo's neocon circus.

Fri, 04/25/2014 - 09:19 | 4694827 fortune114
fortune114's picture

+1 recognizing Obama's got more necons that all previous admins

Fri, 04/25/2014 - 09:28 | 4694862 williambanzai7
williambanzai7's picture

They exist in a parallel political universe. They are neither blue nor red. Victoria Nuland's husband is a well known neocon douchebag. They like to refer to themselves as diplomats, but they are serial troublemakers and diplomats are basically bankster valets.

Fri, 04/25/2014 - 09:47 | 4694937 machineh
machineh's picture

'Valets' being a euphemism for 'fluffers.'

Fri, 04/25/2014 - 10:44 | 4695150 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

Most Europeans meet rich American trash from the east coast when they visit Europe. If you judge Americans by this lot, it reflects poorly on us.

Fri, 04/25/2014 - 17:02 | 4697187 Supernova Born
Supernova Born's picture

WmB7's "Neocon circus"? I sure hope that is an actual print.

Fri, 04/25/2014 - 13:05 | 4695939 Raging Debate
Raging Debate's picture

Fortune114 - How many Tsars are now in America these days? In 2008 there was 38 of them. The reporting of that in mass media ceased...
Maybe Invisibleaxe should love us instead of saying fuck you. After all, we're going full commie... Kisses Invisibleaxe from one comrade to another ;^}

Fri, 04/25/2014 - 12:02 | 4695513 Monty Burns
Monty Burns's picture

Americans by and large are friendly, capable and hard-working people and it's totally wrong to equate them with their treasonous political and banker scum. The problem they had was that they believed in their system, for example that politicians were basically fairly honest and that the MSM gave them a reasonably accurate picture of the real world. This enabled them to be duped on a huge scale. Thankfully that's fading as the various Ponzis begin to collapse.

Fri, 04/25/2014 - 06:43 | 4694330 Haus-Targaryen
Haus-Targaryen's picture

You mad bro?

Fri, 04/25/2014 - 07:15 | 4694385 Oracle 911
Oracle 911's picture

If you mean American=member of US gov cronies, I'm with you, otherwise not.

Fri, 04/25/2014 - 08:27 | 4694615 F-X
F-X's picture

I guess Russia needs to sell the gas about as badly as Europe needs to buy the gas, so it's not a simple thing to just "cut off the fucking gas".

Fri, 04/25/2014 - 09:32 | 4694895 DaddyO
DaddyO's picture

Wanna bet?

DaddyO

Fri, 04/25/2014 - 09:59 | 4695001 F-X
F-X's picture

Yeah, I would definitely bet on it. Over half of Russian government revenues come from oil and gas. If they turn off the export taps, the government goes bankrupt. No pensions, social welfare benefits, government salaries. Putin's popuarity would plummet.

New pipelines to Asia are many years away. So Russia and Europe have no choice but to get along. Neither can survive if it doesn't.

The gas will keep flowing. 

Fri, 04/25/2014 - 11:52 | 4695455 Oracle 911
Oracle 911's picture

Maybe you are right, but the payment wont be in US$, but rather in Yuan, Rubble or gold.

Fri, 04/25/2014 - 11:54 | 4695459 DaddyO
DaddyO's picture

Who do you think will buy more gas, Europe or China?

Bloomberg spins it to make Putin look like he's in a pickle.

http://www.bloomberg.com/news/2014-04-09/putin-seen-signing-china-gas-deal-as-crisis-forces-russia-s-hand.html

My take is Putin uses the deal as a hammer to keep EU in check and subservient to his Rusky interests.

He then ends up selling to both at a higher price because of the perceived competition.

Obummer has no sway whatever and any talk of US LNG going to EU is a fantasy.

DaddyO

Fri, 04/25/2014 - 14:48 | 4696467 SDShack
SDShack's picture

The gas will keep flowing.... but at a much higher price. Fixed it for you. What you are missing is the fact that ALL other energy producers will be more than happy to back door support Putin on this. Because higher prices (think War Premium) raises the price of ALL energy and that translates to more profit for ALL energy providers. Putin isn't in the box you think he is. He's ratcheting up the price of energy in a global economic slowdown that would normally DEPRESS energy prices. MOAR money is all TPTB want and Putin is giving it to them. No way TPTB derail this. This is all theater to get the masses to accept the higher prices by blaming Putin.

Fri, 04/25/2014 - 09:13 | 4694801 Falconsixone
Falconsixone's picture

I think you should go get them axehole instead of talking about it. We'll be watching.

Fri, 04/25/2014 - 12:48 | 4695832 Seer
Seer's picture

Two words for you: London Bankers

(sometimes emotions just fog up the glasses)

Fri, 04/25/2014 - 07:41 | 4694459 post turtle saver
post turtle saver's picture

I laid out how this was going to go down and I got junked by the Putin Groupie Brigade... well, facts are facts bitches. I'm going to lay this out again...

* Russia central bank rates recently increased from 5.5% to 7% (prediction... they will go up further *** and they did, since as of today it's now 7.5% with no guidance that this was going to be done - SURPRISE!***)

* reasons cited for the above include 10% decline in value of ruble this year and "market stabilization" - the ruble is getting pounded like a jailhouse bitch, for those who haven't been paying attention

* share value in major Russian companies is down on average ~11% this year, specifically down ~7% since _last week_ - and down more since then, look out below

* Russia is a world energy supplier, true, but it imports a great many big ticket items and the price of all that goes up as the ruble declines in value... the imports mainly come from western Europe and China, btw - in other words, they have stuff in the ground but they have to buy stuff to get it out of the ground, and the price of all that just went up

* Russia's GDP growth has _dropped_ 2.1% between 2012 and 2013, and 2014 isn't looking much better - current predictions call for best case GDP growth of 0.5%, which may as well be nothing and they'll be lucky if they don't go negative

* Hints of increased risk for capital flight are starting to manifest themselves in Russia, with many Russians anticipating increased risk of economic and financial sanctions - foreign investors have exited Russia en masse, taking $63.7 billion with them in the first three months of this year

* expect Russia's sovereign ratings to be impacted as a result of the above (ref. the same Fitch cited here) - ta da, here we are - "we saw this coming so no big deal" says Russia, whatever comrade, anyone with a brain in their head saw this coming but more importantly you're impotent in the face of it

* worst case scenario, we're looking at a potential trade war that could easily go "hot" in the Ukraine and other Eastern European areas - sorry to rain on a comrade's parade, but Russia is in no shape to survive a trade war and they know it - frankly, I'm starting to wonder if they can survive a protracted campaign on the ground at all

 

this is why I keep calling Putin's Ukraine intervention a gambit... the problem with gambits is they can be declined or countered, which is what the US and Europe have decided to do... well, now you're down material and the position advantage is rapidly deteriorating... now what? Acting like holding out under these conditions until 2015 is going to be easy to pull off is whistling through the graveyard. Y'all will be lucky if we don't see another case of the Russian Flu break out this year. What kicked that off, you ask? Asian finance crisis, war in Chechnya and decreased demand in Russian petro products. Sound familiar?

http://www.startribune.com/world/256674041.html

http://www.business-standard.com/article/international/s-p-cuts-russia-s...

Fri, 04/25/2014 - 08:01 | 4694528 BlindMonkey
BlindMonkey's picture

Simple question for you. What happens when the spice..gas doesn't flow? How about repudiation of foreign debt? Increased trade with the other BRICS seems to be gaining momentum and especially when being pushed by the war freaks in Washington and Brussels.

No doubt there will be pain felt in Russia but you seem to suggest that Russia is in a no win scenario. They still have the stuff in the ground and Europe doesn't.

Fri, 04/25/2014 - 08:58 | 4694725 post turtle saver
post turtle saver's picture

simple answer... when the spice doesn't flow, Russia capital inflows don't flow... try to run a war when you can't make any money selling the one thing you have a lot of to customers you're in conflict with... the "flip to BRICs" is simply not easy and it requires a lot of time to pull together... we're talking gas pipeline infrastructure and LNG trains, you need political stability and big pockets over the course of decades to make that profitable and Putin has decided to shit all over that near term... it's hurting them and it's going to continue to hurt them, EU is their biggest customer

Putin is a sambo / judo student and he knows damn well that "when I've got a hold on you, you've got a hold on me"... the gambit assumed he'd have more leverage in the initial hold but it's being countered in the one area he has little control over... global finance... US & EU hold _all_ of the cards there in spite of what ZH has fed people over the years, so this was a very high risk move for Russia... hope it's worth it for them because the mid-game is starting to get ugly

Fri, 04/25/2014 - 09:16 | 4694814 sushi
sushi's picture

global finance... US & EU hold _all_ of the cards there

Do you think this fact is unknown to China and the rest of the G177?

Have they not been seeking some realignment of the gobal financial structure to accomodate their interests?

Do they not believe that the Atlanticists hold all the cards and stack the deck in their favour and to the detriment of the G177?

Do you think the G177 is incapable of looking at the string Kosovo, Afghanistan, Iraq, Libya, Egypt, Syria and wondering Hmm who is next on the list after Russia?

Where do you think future potential demand might be?

What countries do not have half the population living off SNAP cards?

What are the chances this mess in the Ukraine is part of the fall out from the events of 2007-2008 which were triggered by lax US / UK banking regulation and created a global melt down that has been shovelled under the rug by money printing?

What if the Atlanticist house of cards is in freefall and just doesn't realize it yet.

Does it hurt if you shoot yourself in the foot with a 10 gauge?

Cheers!


Fri, 04/25/2014 - 09:20 | 4694834 overmedicatedun...
overmedicatedundersexed's picture

arms race: USA debt is bigger than Russia DEBT, so the ans is moar debt - Ben and Allen understand.

Fri, 04/25/2014 - 09:22 | 4694851 sushi
sushi's picture

PS

Try this excercise.

Cancel all of your energy purchases: gasoline for your cars and lawnmower, NG for the stove, barbeque, and home heating. Electricity for the pool pump and A/C, the multiple TVs. Batteries for the vibrator. All other uses of fuel such as airline tickets and taxis.

Determine how many days it will take before you re-enter the stone age.

If this number fo days greater or less than your lifespan under your zero energy regime?

What does the West not understand about inelasticity of demand?

Fri, 04/25/2014 - 16:08 | 4696943 post turtle saver
post turtle saver's picture

try this exercise... try to make money to keep your petro economy going when you a) get into a conflict with your biggest customer, b) don't have infrastructure immediately in place to redirect to alternate demand from more amenable customers, c) can't finance the building of same because your credit has been turned to shit due to your actions, and lastly d) the biggest of your more amenable potential customers (China) is already tied at the hip financially to your current enemy (US and EU)...

the most laughable assumption I've seen presented in these forums is that China will be Russia's friend just because they're supposed to have mutual animosity for US/EU... perhaps that is the case, but China is smarter than Russia and won't shit where it eats by pissing off their biggest customer base... they know the only way to cut the petrodollar rock is one drip of water at a time, and that takes time and patience - none of which has been exhibited by Putin's actions in Ukraine... for those of you into chess, this is called a "pin"

the onset of symptoms from the coming financial Asian Flu is not helping matters, either

here's the playbook

1) Asian financial crisis

2) Decreased demand for Russian petro products

3) Regional military conflict involving Russia

4) Russian Flu 2, the sequel

Fri, 04/25/2014 - 09:43 | 4694926 post turtle saver
post turtle saver's picture

silence fool... you haven't said anything that hasn't already been said, and countered nothing that I not only presented as fact previously but _actually played out as I predicted_ - bring something better to the table and I may listen

Fri, 04/25/2014 - 11:56 | 4695494 sushi
sushi's picture

Hmmm.

I asked a set of questions.

You respond with an ad hominem.

Play your scenario out and what are we left with?

Autarky.

What does that do to a tightly coupled global economy?

Which states are most dependent on external trade?

Inelasticity of demand is a total shit stain if you got nothing to pump.

US fuel costs in Af-Pak were reported as in excess of $400 per gallon after transport costs were factored in.

Double that and try and mobilze a military and run a civilian economy.

Just ain't going to happen.

At that point the citizens turn on the banksters, propogandists, oligarchs, and narrcissists that call themselves "Leaders."

The Russians went through this experience roughly ten years ago and survived it.

The folks in the west will not believe what hit them.

And this is before any nuclear exchange.

Folks thinking like you are the ones bringing it on.

Good luck!

 

Fri, 04/25/2014 - 15:26 | 4696696 post turtle saver
post turtle saver's picture

the points you bring up only play more strongly into the US/EU hands, you simply refuse to see that... I reiterate my "judo" approach to the current scenario at play, please consider strongly what that means

again, you aren't bringing anything new to the table and my original points stand and, more importantly, were born out as predicted... you can't address hard facts so you attempt to change the debate... sorry Charlie, only the best tuna get to be StarKist

Fri, 04/25/2014 - 09:19 | 4694825 Bangin7GramRocks
Bangin7GramRocks's picture

Great stuff! Keep it up. Only simpletons scream "they can just cut off the gas". Not so simple. 

Fri, 04/25/2014 - 09:50 | 4694956 post turtle saver
post turtle saver's picture

Putin's enemy is time... that's what the Putin Downvote Brigade here simply fails to understand... time is money, do the math if you can comrades

Fri, 04/25/2014 - 09:26 | 4694867 elwind45
elwind45's picture

Capital outflows saved the world AGAIN! Love them globalizationist and their bottom lines? Would you give up the dollar to win the war

Fri, 04/25/2014 - 12:34 | 4695733 _underscore
_underscore's picture

I think Putin got ahead of the game with the (relatively) easy acquisition of the Crimea - I'm sure he & his advisors/cabinet thought they'd be in this focus of the US/EU/NATO backlash (sanctions etc.) well before Crimea was in the bag - and would have planned for that - they're in bonus territory already.

The eastern Ukraine situation, I'm sure, they thought would develop 6-8 months down the line once they'd weathered the bank, trade, FX & bond assaults. The S&P downgrade must have them laughing - it's like being called a name by a 2-year old, surely that must hurt.

You also seem to see all this sanctions buisness in isolation. The western financial system is extremely fragile and depends upon debt flows & new debt - the leveraging of that debt in the shadow banking sector & derivatives market increases the weight of the hammer about to fall on Western banks.

 It takes a very skillful fighter to slug someone in the head and not break his own hand - I don't think the Washingtonians really thought this through.

Fri, 04/25/2014 - 17:19 | 4697237 Supernova Born
Supernova Born's picture

They tried to take down Assad in Syria and couldn't do it.

But the megalomaniacals' script reads the only reason their warmongering fails is because the initial plan wasn't big and "audacious" [insane] enough.

So after failing in Syria it is per the script to go for a take down of Putin and Russia.

Fri, 04/25/2014 - 22:16 | 4697983 TheReplacement
TheReplacement's picture

If possible it is advised to remove existential threats before other threats.  Putin, not Assad, has proven to be the threat, hence the focus on him.

Fri, 04/25/2014 - 12:32 | 4695723 Quantum Nucleonics
Quantum Nucleonics's picture

Gas in the ground doesn't buy bread and vodka for the masses.  Putin has played the game well, but he does have a few bad cards in his hand to get rid of...  Russia doesn't have the infrastructure to export its oil and gas to alternate users today.  We've seen lots of new project announcements, but they are just vapor-ware at this point.  Russia hasn't shown it can do big infrastructure projects without foreign help and capital, and even if they can, it will take years.  Unless Putin has stockpiled some spice, he may need a plan B.

Fri, 04/25/2014 - 13:09 | 4695959 _underscore
_underscore's picture

"Russia hasn't shown it can do big infrastructure projects without foreign help and capital.."

 

Before the collapse of the USSR they must have done enough 'big infrastructure' projects to compete with the West (for 40-odd years).

I would even suggest that 'big infrastructure' in a country the size of Russia is a stock-in trade.

 

Fri, 04/25/2014 - 22:18 | 4697986 TheReplacement
TheReplacement's picture

Let's look at this as an end game scenario.  It would be a lot easier to live longer and warmer in Russia than in Europe.  It would be easier in Russia than the US, long term.  That is, if Russia turned off the gas. 

Economics aside, it will be getting cold in Europe in 6 months. 

Fri, 04/25/2014 - 08:17 | 4694573 Tracerfan
Tracerfan's picture

There is no war in Chechnya.  There is a war in Chicago.

Fri, 04/25/2014 - 10:18 | 4695072 Dolus
Dolus's picture

Nice econmic analysis. The kind of reasoning that will be spurned around here because it's not "rah rah Putin is a genius geopolitcal mastermind" 

In reality he is a scared man child trying to claw his way out of a unfavorable political and economic box. 

Fri, 04/25/2014 - 12:12 | 4695596 SAT 800
SAT 800's picture

"frankly, I'm starting to wonder if they can survive a protracted campaign on the ground at all."  Hitler wondered too; so he went and found out the answer.

Fri, 04/25/2014 - 12:55 | 4695881 Seer
Seer's picture

"Russia is a world energy supplier, true, but it imports a great many big ticket items and the price of all that goes up as the ruble declines in value... the imports mainly come from western Europe and China, btw - in other words, they have stuff in the ground but they have to buy stuff to get it out of the ground, and the price of all that just went up"

I'll wager that Russia's energy exports will only go up in value compared to what it might be importing.  Russia has existing capacity, so most "big ticket items" could be limited to just M&O stuff (not expansion).  And when manufacturers are facing volume drops their margins start looking poor, in which case they're likely going to be DROPPING prices in order to retain sales (yeah, it's that "we'll make it up on volume" thing, but consider that losing market share to a rival manufacturer is really bad [could be for a long time]).

"this is why I keep calling Putin's Ukraine intervention a gambit"

Well, I could call your statement a lie.  I highly doubt that Putin/Russia was looking for the fight here. From http://www.paulcraigroberts.org/2014/04/16/privatization-ramp-corruption...

Paul Wolfowitz, the neoconservative who as Deputy Secretary of Defense presided over the orchestration of the false evidence used by the Bush regime to launch Washington’s wars in the Middle East, declared the minimization of Russian power as the “first objective” of US foreign and military policy:

“Our first objective is to prevent the re-emergence of a new rival, either on the territory of the former Soviet Union or elsewhere, that poses a threat on the order of that posed formerly by the Soviet Union. This is a dominant consideration underlying the new regional defense strategy and requires that we endeavor to prevent any hostile power from dominating a region whose resources would, under consolidated control, be sufficient to generate global power.”

What Wolfowitz means by “hostile power” is any power independent of Washington’s hegemony.

Fri, 04/25/2014 - 17:24 | 4697259 Joenobody12
Joenobody12's picture

To suppress a rising Russia has been the focus of Europen leaders back in the good old days of the Tsar . Ordinary Russian people I talked to bitterly resent the communist experiments brought on by the Jews. Today, Iran, Iraq and Syria have been the targets of the Jewish state and Russia is in the way so it must be weakened. 

Fri, 04/25/2014 - 13:01 | 4695916 FutureShock
FutureShock's picture

The Russian people do not trust their system like we do. They will  survive a trade war, they are already prepared. The current situation will simmer down but when that Russian China pipeline is finished you are looking at potential basket of Russian  Chinese gold and oil backed currency. So something will have happen to take that out. The Ukraine situation is practically a pre what if experiement. If you feel nervous that you don't have enough gold don't worry a dip is comming when this settles.

Fri, 04/25/2014 - 07:58 | 4694519 rsnoble
rsnoble's picture

Will the US try to install a tollgate at each end of the pipe with an ex-mcdonalds worker?

Fri, 04/25/2014 - 09:04 | 4694769 MFL8240
MFL8240's picture

The dollar must be the reserve currency and the Federal Reserve can continue to print money or WWIII is here because they must prop up 4 corrupt banks in the US?  This is simply disgusting

Fri, 04/25/2014 - 11:32 | 4695363 agNau
agNau's picture

Cue China.
Think it's time for their two cents on events.

Fri, 04/25/2014 - 12:58 | 4695897 Seer
Seer's picture

China need to nothing.  It's got it's own internal frictions that it needs to, and will, focus on.  This has ALWAYS been about US vs. Russia: I've been saying so since the beginning (years ago)- China is just Japan II, exploited for manufacturing and then allowed to slip and rot (no resources).

Fri, 04/25/2014 - 12:50 | 4695851 withglee
withglee's picture

Pretty amazing isn't it. $30B is less than 15 days of Quantative Easing!

Fri, 04/25/2014 - 12:59 | 4695910 Seer
Seer's picture

Exactly my thought!  Behold the power of the Fed!

Eventually real work needs to be done, and with real resources.  Bye bye Fed!

Fri, 04/25/2014 - 13:08 | 4695950 Chewybunny
Chewybunny's picture

I find it absolutely amazing that Russia is antagonizing the West and saving it's own skin by selling it's gas to China and India...Two countries which are vehemently dependent on the West to continually buy their cheap junk or outsource their labor market. 

Vapros, Primier Putin: if the west starts pulling out of China and India, you think either one will continue to pay your gas rates? If not, then who? You're signing up with two nations that are economically dependent on the nations you are antagonizing.

Fri, 04/25/2014 - 13:31 | 4696074 Warhead
Warhead's picture

Because the west is so willing to stop buying cheap crap from China and India? The only thing keeping people afloat these days is cheap shit and the illusion that they have any wealth.

Fri, 04/25/2014 - 19:13 | 4697570 Chewybunny
Chewybunny's picture

Matter of fact, it is, and is already. The cost of outsourcing is becoming less and less justifiable. Lots of companies coming back to the US but they aren't hiring humans. Other third world nations are more than happy to step up industrial output. South East Asia is a region that's apt for cheap good production - until you know, the machines replace that too.

Fri, 04/25/2014 - 13:11 | 4695970 silvermail
Fri, 04/25/2014 - 04:57 | 4694152 Rakshas
Rakshas's picture

What are they so pissed about ...... everybody knows NATO IS JUNK!!!!

I mean really ..... just agree with the US paid rating agencies

"Da we junk, how you no need our junk gaz and oyl for your German homes that ok we understand ......"

 

 

Fri, 04/25/2014 - 05:15 | 4694199 TheFourthStooge-ing
TheFourthStooge-ing's picture

There's some earth that's way overdue for scorching in Vichy DC and on Wall Street.

Fri, 04/25/2014 - 05:26 | 4694220 negative rates
negative rates's picture

Those guys just pass the buck to the citizen, who takes it up the ass willingly.

Fri, 04/25/2014 - 08:13 | 4694558 Dubaibanker
Dubaibanker's picture

The Americans, the Japanese and the Norwegians banks are all leaving Russia.


April 18, 2014 5:50 pm

Banks retreat from Moscow deals

 

It is any wonder, the Russians are reacting?

Never throw stones at others' glass houses, especially when you live in a glass house.

If the West wants Russia (7th largest global USD 2 trillion economy) to buy their machinery, medicines, supply the gas etc, then they must not walk away from Russia or place a threat of sanctions. That is not how business is done...but that is how war is done...

Oh...I got it...this is all about war by the West! <Face palm> Bring it on...let another several thousand US, British, Canadian, NATO soldiers die in vain and over a lie! How come the sons of any US Senators do not enlist?

Fri, 04/25/2014 - 08:40 | 4694654 Pee Wee
Pee Wee's picture

There is no death in vain.  One familys loss is anothers record bonus.

What's not to like about monetized bloodshed and fabricated incentives to do so.

Fascism don't care - it's the money not the man, fool.

Fri, 04/25/2014 - 08:42 | 4694671 Aussiekiwi
Aussiekiwi's picture

This will be an economic war, the only troops killed will be Ukrainians and Russian. No NATO intervention, this is all aimed at crushing Russia economically and in doing so crippling their ability to re-arm.

Fri, 04/25/2014 - 13:10 | 4695968 Seer
Seer's picture

Not defending politics, heaven forbid!, but it's all leading indicator stuff.  The geopoolitical outcomes were known a long time ago.  War, whether one approves or not, isn't undertaken with reckless abandon.  It's ALL based on economics, resource positioning.  This is a stepped-up negotiation for control of resources.  And when we're talking about the most important such resource -oil (and its derivatives- we're talking HIGH STAKES.

Don't believe for a second that British, Canadian and other West-aligned countries don't understand all of this.  If this wasn't the case then hardly would they have a reason to have been engaged with all the previous, seemingly meaningless, wars in Afghanistan and Iraq.

There is an eventuality in all of this that cannot be avoided.  It is, perhaps, more about trying to condition a given country's populace for the inevitible than anything else: wars tend to rally the "troops," have them accept all sorts of hardship when they wouldn't otherwise be so compliant.

Fri, 04/25/2014 - 04:55 | 4694153 Moonrajah
Moonrajah's picture

The developed world is acting in a standard and poor manner.

Fri, 04/25/2014 - 04:59 | 4694162 Sudden Debt
Sudden Debt's picture

I totally agree with you here! It's like little children in the backseat when you're on a roadtrip!

And the market is the driver and at any moment, they'll get pissed and the trip ends after both kids get a pinch in their ass!

Fri, 04/25/2014 - 05:13 | 4694197 intric8
intric8's picture

Sick, psychotic warmongory of the psych variety is afoot here. The west along with nato puppets are starting to play putin like a fiddle. He is increasingly reactionary. He has no solid plan to get out of this mess amicably. If thus keeps up his own people may turn on him.

Fri, 04/25/2014 - 05:16 | 4694201 Sudden Debt
Sudden Debt's picture

Well... Russian aren't against Putin you know.

He has the highest ratings ever. So when our markets crash because Obummer and the rest of the nato morons, we'll might get a bigger revolution than they do.

HELL! I EVEN LIKE PUTIN MORE THAN MY LEADERS!

Fri, 04/25/2014 - 06:10 | 4694294 mrpxsytin
mrpxsytin's picture

If this continues to deteriorate then I have the sad feeling that it will become an act of treason to voice any positive sentiments for our 'enemies'. If things get real then all freedoms are taken. That definitely includes freedom of speech. So I'm asking the question: is it healthy to be saying that you like Putin more than your own Emperor, Dictator, Tyrant, Benevolent President? This is a serious question. 

Fri, 04/25/2014 - 06:16 | 4694302 Mark Urbo
Mark Urbo's picture

Putin is a real leader who love's his country. I can respect that...

 

..O-Hole is not a leader and he hates America.

Fri, 04/25/2014 - 07:02 | 4694355 Martin W
Martin W's picture

Putin is a real leader who love's his country. YES, Hitler was a leader too....

Fri, 04/25/2014 - 07:19 | 4694393 Oracle 911
Oracle 911's picture

...but he was from Austria.

Fri, 04/25/2014 - 08:29 | 4694626 strannick
strannick's picture

The NSA and Obama would tell you its not safe to critisize your govt. Andrew Jackson and Ron Paul would tell you its your duty.

Fri, 04/25/2014 - 11:36 | 4695377 NihilistZero
NihilistZero's picture

Well Andrew Jackson was busy furthering the genocide of the Native Americans and Ron Paul tginks slavery would have ended on it's own,so there's that...  I'm no Obama supporter but anybody who reads zerohedge and doesn't realize ALL politicians are sociopaths isn't paying attention.  Ron and Rand are the best Americas had lately and they would both do some INCREDIBLY stupid things in the name of libertarianism whose consequences would obly increase the power of the state.  Don't waste your vote by using it ;-)

 

 

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