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Putin Advisor Proposes "Anti-Dollar Alliance" To Halt US Aggression Abroad

Tyler Durden's picture




 

It has been a while since both Ukraine, and the ongoing Russian response to western sanctions (which set off the great Eurasian axis in motion, pushing China and Russia close together, and accelerating the "Holy Grail" gas deal between the two countries) have made headlines. It is still not clear just why the western media dropped Ukraine coverage like a hot potato, especially since the civil war in Ukraine's Donbas continues to rage and claim dozens of casualties on both sides. Perhaps the audience has simply gotten tired of hearing about mixed chess/checkers game between Putin vs Obama, and instead has reverted to reading the propaganda surrounding just as deadly events in the third war of Iraq in as many decades.

However, "out of sight" may be just what Russia's political elite wants. In fact, as VoR's  Valentin Mândr??escu reports, while the great US spin and distraction machine is focused elsewhere, Russia is already preparing for the next steps. Which brings us to Putin advisor Sergey Glazyev, the same person who in early March was the first to suggest Russia dump US bonds and abandon the dollar in retaliation to US sanctions, a strategy which worked because even as the Kremlin has retained control over Crimea, western sanctions have magically halted (and not only that, but as the Russian central bank just reported, the country's 2014 current account surplus may be as high as $35 billion, up from $33 billion in 2013, and a far cry from some fabricated "$200+ billion" in Russian capital outflows which Mario Draghi was warning about recently). Glazyev was also the person instrumental in pushing the Kremlin to approach China and force the nat gas deal with Beijing which took place not necessarily at the most beneficial terms for Russia.

It is this same Glazyev who published an article in Russian Argumenty Nedeli, in which he outlined a plan for "undermining the economic strength of the US" in order to force Washington to stop the civil war in Ukraine. Glazyev believes that the only way of making the US give up its plans on starting a new cold war is to crash the dollar system.

As summarized by VoR, in his article, published by Argumenty Nedeli, Putin's economic aide and the mastermind behind the Eurasian Economic Union, argues that Washington is trying to provoke a Russian military intervention in Ukraine, using the junta in Kiev as bait. If fulfilled, the plan will give Washington a number of important benefits. Firstly, it will allow the US to introduce new sanctions against Russia, writing off Moscow's portfolio of US Treasury bills. More important is that a new wave of sanctions will create a situation in which Russian companies won't be able to service their debts to European banks.

According to Glazyev, the so-called "third phase" of sanctions against Russia will be a tremendous cost for the European Union. The total estimated losses will be higher than 1 trillion euros. Such losses will severely hurt the European economy, making the US the sole "safe haven" in the world. Harsh sanctions against Russia will also displace Gazprom from the European energy market, leaving it wide open for the much more expensive LNG from the US.

Co-opting European countries in a new arms race and military operations against Russia will increase American political influence in Europe and will help the US force the European Union to accept the American version of the Transatlantic Trade and Investment Partnership, a trade agreement that will basically transform the EU into a big economic colony of the US. Glazyev believes that igniting a new war in Europe will only bring benefits for America and only problems for the European Union. Washington has repeatedly used global and regional wars for the benefit of  the American economy and now the White House is trying to use the civil war in Ukraine as a pretext to repeat the old trick.

Glazyev's set of countermeasures specifically targets the core strength of the US war machine, i.e. the Fed's printing press. Putin's advisor proposes the creation of a "broad anti-dollar alliance" of countries willing and able to drop the dollar from their international trade. Members of the alliance would also refrain from keeping the currency reserves in dollar-denominated instruments. Glazyev advocates treating positions in dollar-denominated instruments like holdings of junk securities and believes that regulators should require full collateralization of such holdings. An anti-dollar coalition would be the first step for the creation of an anti-war coalition that can help stop the US' aggression.

Unsurprisingly, Sergey Glazyev believes that the main role in the creation of such a political coalition is to be played by the European business community because America's attempts to ignite a war in Europe and a cold war against Russia are threatening the interests of big European business. Judging by the recent efforts to stop the sanctions against Russia, made by the German, French, Italian and Austrian business leaders, Putin's aide is right in his assessment. Somewhat surprisingly for Washington, the war for Ukraine may soon become the war for Europe's independence from the US and a war against the dollar.

 

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Wed, 06/18/2014 - 10:57 | 4869230 Gringo Viejo
Gringo Viejo's picture

Help me out here. Who was it that sang "I's Just A Matter Of Time"?

Wed, 06/18/2014 - 11:02 | 4869267 Chief KnocAHoma
Chief KnocAHoma's picture

BO will win because it isn't really a fair fight, and if Putin starts pumelling him BO will scream racism.

 

Wed, 06/18/2014 - 11:39 | 4869484 CrazyCooter
CrazyCooter's picture

YouTube please ...

<GrabsABeer/>

Regards,

Cooter

Wed, 06/18/2014 - 12:40 | 4869799 Bastiat
Bastiat's picture

Putin won't care; neither will anyone else in Russia.

Wed, 06/18/2014 - 13:27 | 4870074 Panafrican Funk...
Panafrican Funktron Robot's picture

Vladimir Putin, the Honey Badger of Geopolitics.

Wed, 06/18/2014 - 19:17 | 4871448 COSMOS
COSMOS's picture

Honey Badger Attitude, claws and fangs of a Full Grown Alpha Male LION, and the Power of a BULL Elephant.  Don't mess with the Man and His Mother RUSSIA

Wed, 06/18/2014 - 12:02 | 4869615 lasvegaspersona
lasvegaspersona's picture

Depeche Mode

Wed, 06/18/2014 - 18:15 | 4871300 813kml
813kml's picture

DM was surprisingly political for 80s synthpop.  One of my favorites is "Everything Counts", some grabbing hands need to be chopped off.  Lyrics are great, but vid is afflicted by 80s fashion.

http://www.youtube.com/watch?v=1t-gK-9EIq4&list=RD1t-gK-9EIq4

 

The live version from their 101 tour is pretty awesome:  http://www.youtube.com/watch?v=doNLR8n0F_8

Thu, 06/19/2014 - 05:37 | 4872730 Tall Tom
Tall Tom's picture

Help me out here. Who was it that sang "I's Just A Matter Of Time"?

 

Gringo Viejo...The song's title is "Its just a Question of Time" by Depeche Mode.

 

https://www.youtube.com/watch?v=N9W27mVXhGk

 

Enjoy.

Thu, 06/19/2014 - 05:52 | 4872739 Frankie Carbone
Frankie Carbone's picture

Backed by the Full Faith and Credit of the Police State, Carrier Task Forces, the CIA, and Boots on the Ground. 

Wed, 06/18/2014 - 10:47 | 4869154 Pladizow
Pladizow's picture

Community organizer vs Ex-KGB head for 16 years.

Who will win?

Wed, 06/18/2014 - 10:51 | 4869181 Latina Lover
Latina Lover's picture

Community organizer wins, since he is obviously the Mulatto Messiah, the bisexual illegal who  will save our souls.   

 

Putin is merely a KGB coronel,  holding a doctorate and 5 degree black belt in Judo.

Wed, 06/18/2014 - 12:08 | 4869644 gold_pa3ot
gold_pa3ot's picture

Russian slut detected. Putin is huylo and it's official!

Wed, 06/18/2014 - 10:53 | 4869195 NotApplicable
NotApplicable's picture

Whoever is pulling their strings.

Wed, 06/18/2014 - 11:04 | 4869274 DaveyJones
DaveyJones's picture

Putin pulls his own, he is a dictator

B.O. just thinks he is

Wed, 06/18/2014 - 11:47 | 4869524 conscious being
conscious being's picture

Maybe Czar by the time this is over.

Best quote "Glazyev believes that the only way of making the US give up its plans on starting a new cold war is to crash the dollar system."

BOOYAH!!

 

Wed, 06/18/2014 - 13:37 | 4870133 MarkAntony
MarkAntony's picture

The thing is that this script was written a long time ago and we're just watching it play out in several acts. All the so called "news-makers" are actors playing out their roles for the masses and we are close to the final act.

We will reset. Soon.

Wed, 06/18/2014 - 12:02 | 4869612 SmittyinLA
SmittyinLA's picture

More like community organizer in pay of KGB vs ex-KGB, let's be honest Obama has had an organized leftist boost his entire career.

Wed, 06/18/2014 - 12:41 | 4869806 Bastiat
Bastiat's picture

Red diaper baby, son of Frank Marshal Davis.

Wed, 06/18/2014 - 10:49 | 4869169 SuperRay
SuperRay's picture

Bring it on! Anything to rid us of these psychopathic neocons...

Wed, 06/18/2014 - 11:09 | 4869302 DaveyJones
DaveyJones's picture

neocons, neolibs - I need some neosporin

Wed, 06/18/2014 - 19:02 | 4871499 7.62x54r
7.62x54r's picture

Won't happen, unfortunately. They will just blame Putin for the breadlines in the US.

Wed, 06/18/2014 - 11:32 | 4869431 Stumpy4516
Stumpy4516's picture

Russia is shining a light on and then pointing at the dollar while telling everyone - There it is, that's the huge hairy mammoth in the darkness that has been stomping all over your economies and shitting all over your country/world so please stop feeding the damn thing before turns all you have into a smashed shit filled bog.

Wed, 06/18/2014 - 11:41 | 4869490 DaveyJones
DaveyJones's picture

I love Ice Age analogies

Wed, 06/18/2014 - 12:48 | 4869861 COSMOS
COSMOS's picture

A Cunnhaaa mataataaa oh wait thats Obamas song lol

Kalinka Kalinka kalinka mayaaa

Wed, 06/18/2014 - 11:34 | 4869445 rubiconsolutions
rubiconsolutions's picture

I'll bet anyone one trillion Zimbabwe dollars that this alliance won't succeed. 

Wed, 06/18/2014 - 12:05 | 4869624 lasvegaspersona
lasvegaspersona's picture

I'll wager 100 trillion US$$ that we don't get hyperinflation in the next 3 years.

Wed, 06/18/2014 - 12:42 | 4869817 Bastiat
Bastiat's picture

Nice one. 

Wed, 06/18/2014 - 12:51 | 4869882 The Chief
The Chief's picture

I'll bid 5,000 quatloos that Putin's guy is untrainable and will have to be destroyed.

Wed, 06/18/2014 - 19:45 | 4871648 Tompooz
Tompooz's picture

"I'll wager 100 trillion US$$ that we don't get hyperinflation in the next 3 years."

We have actually seen something like this wager before. Billion dollar 50-year bonds issued in the late 1940's in exchange for the "safekeeping" of Chinese Imperial gold.

Google Dragon family AND NY lawsuit.

 

Wed, 06/18/2014 - 11:53 | 4869571 Zadok
Zadok's picture

Simply brilliant.

The best victory is one achieved without a fight.

Wed, 06/18/2014 - 12:40 | 4869802 The Longest Call
The Longest Call's picture

They MUST have WMDs...

Fire up the jets. 

Wed, 06/18/2014 - 12:57 | 4869923 Kirk2NCC1701
Kirk2NCC1701's picture

Not an original idea, but it's high time that it took root in high places and the non-US MSM media.

"Nothing is more irresistible, than an idea whose time has come"

Wed, 06/18/2014 - 13:06 | 4869978 JuliaS
JuliaS's picture

I advise Putin to watch what goes into his tea.

Wed, 06/18/2014 - 13:44 | 4870156 Oldrepublic
Oldrepublic's picture

I think that he carries his own water and food supplies when he travels abroad

Wed, 06/18/2014 - 19:05 | 4871505 7.62x54r
7.62x54r's picture

The Rothschilds already got one Tsar, and damned near got Putin when he kicked their tools out.

I don't see him allowing it to happen again.

Wed, 06/18/2014 - 19:25 | 4871574 drendebe10
drendebe10's picture

Hahahahahahahaa..... standing round of applause for the highly successful foreign policies of the grossly incompetent, negligent, arrogang, narcissistic, illegal indonesian alien kenyan muslim sociopathic liar in chief only interested in its celebrity grand imperial golf lifestyle....  wonder what the turd's handicap is after all the practice time its had.....

Wed, 06/18/2014 - 20:49 | 4871814 Things that go bump
Things that go bump's picture

We'll be lucky if they don't just put us down like rabid dogs.

Thu, 06/19/2014 - 05:25 | 4872726 cocky roach
cocky roach's picture

Expensive LNG from the US? Hahaha! They don't even have a surplus they can ship, nor the means to transport LNG. How is the US supposed to supply Europe?

Wed, 06/18/2014 - 10:45 | 4869135 The Duke of New...
The Duke of New York A No.1's picture

Checkmate.

Wed, 06/18/2014 - 11:48 | 4869549 DaveyJones
DaveyJones's picture

that's what happens when you treat everyone like pawns

Wed, 06/18/2014 - 10:46 | 4869140 Latina Lover
Latina Lover's picture

 USSA is pushing Kiev to confront Russia, to save the FRN.

Wed, 06/18/2014 - 19:06 | 4871513 7.62x54r
7.62x54r's picture

Why should Putin do anything? He'll just keep smuggling in munitions, and watch the fur fly while the dollar burns.

Wed, 06/18/2014 - 10:46 | 4869145 Sudden Debt
Sudden Debt's picture

YES!!

I'm sorry but the dollar indeed needs to dy.

 

Who did see that there was a protest in Berlin to end the FED???

 

IN EUROPE!!!

 

 

Wed, 06/18/2014 - 10:53 | 4869190 Confused
Confused's picture

Yes. And there were Ron Paul posters hanging near Brandenburger Tor. No lie. I nearly shit my pants, because not many in the crowd know who he is. They organize every monday night. 

 

It is painted in Germany as a rightwing group of protests. Easy to discredit among the mind of the public when they associate these people with Nazis. Sad. 

Wed, 06/18/2014 - 13:41 | 4870146 Oldrepublic
Oldrepublic's picture

confused

Yes, it is tough being a libertarian in Europe

Thu, 06/19/2014 - 01:41 | 4872559 SF beatnik
SF beatnik's picture

It feels like 1933, all over again,

Wed, 06/18/2014 - 11:58 | 4869592 Meat Hammer
Meat Hammer's picture

If people are protesting the Fed from the other side of the pond, there is definitely hope.

Wed, 06/18/2014 - 12:41 | 4869810 Big Corked Boots
Big Corked Boots's picture

Nice, but I'd like to see a protest in Berlin about why it will take 7 years to get German gold back in German hands.

Wed, 06/18/2014 - 10:47 | 4869147 disabledvet
disabledvet's picture

The whole Edifice Rex feels like spin now. "Spinning out of control."

Wed, 06/18/2014 - 10:49 | 4869164 buzzsaw99
buzzsaw99's picture

too bad their own currency is junk also. nobody can be trusted to fairly administer a currency, everyone is a crook.

Wed, 06/18/2014 - 11:04 | 4869275 R3ap3R
R3ap3R's picture

True its junk but if russia will go after its banking system wich fully endorses the dollar with the money (Rubles) they recieve from the russian central bank just to make money of the rubles inflation by holding their capital in dollars, then the dedollarization will be in full swing. But i dont think it would be great for the ruble maybe the euro

Wed, 06/18/2014 - 11:08 | 4869292 buzzsaw99
buzzsaw99's picture

the euro is the exact same as the dollar. broke indebted nations issuing a debt currency backed by nothing. the same squidly maggots are even in charge of the central bank. driving a wedge between euro countries and the usa will only end up with russia getting screwed in the end by a con job.

Wed, 06/18/2014 - 11:23 | 4869374 R3ap3R
R3ap3R's picture

The russians are alrdy getting conned by the corrupt russian bankers keeping their money in dollars sponsering the US eversince Yeltsin. Their have been some changes made when putin came to power like shops in russia no longer exepting the dollar as methode of payment and also in business to business transaction (yet no one rly follows that) this is years ago but the bank problem is still there. Might as well keep their money in euros

Wed, 06/18/2014 - 12:12 | 4869657 lasvegaspersona
lasvegaspersona's picture

buzz99

better have a look at the ECB balance sheet.

You are not alone in being wrong about the Euro. It was developed with a gold backing. It is NOT a gold standard currency but it holds, as an asset, 10,800 tons of gold on it's balance sheet. It's #2 asset is dollar derivatives. If the dollar fails the ECB can defend the Euro with  gold. The gold is marked to market so if the dollar goes to zero the gold goes to infinity in dollar terms. Thjat may be the point at which we see the true value of physical gold emerge.

Wed, 06/18/2014 - 13:01 | 4869951 explosivo
explosivo's picture

Consider the possibility that they are lying.

Wed, 06/18/2014 - 13:35 | 4870127 Panafrican Funk...
Panafrican Funktron Robot's picture

"it holds, as an asset, 10,800 tons of gold on it's balance sheet."

 

Right, but where is the actual, physical gold?  

Now re-assess the backing.

Wed, 06/18/2014 - 19:38 | 4871624 mc225
mc225's picture

it is seriously doubtful that they have ~11k tons of gold.

Wed, 06/18/2014 - 20:29 | 4871760 BringOnTheAsteroid
BringOnTheAsteroid's picture

It's sort of sweet lasvegaspersona that you still believe balance sheets reflect anything other than blatant lie.

 

Wed, 06/18/2014 - 11:16 | 4869340 angel_of_joy
angel_of_joy's picture

Every paper currency turns invariably to junk (being conceived out of thin air, kind of like the "immaculate conception").

They are excellent as mediums of exchange but they fail miserably when it comes to holding value over time.

There is no exception from this rule, so draw your own conclusion...

Wed, 06/18/2014 - 11:38 | 4869477 R3ap3R
R3ap3R's picture

True but the problem is that Russian businesses dont want Ruble loans since the interest is much higher because of the higher infaltion risk, they want the cheap dollar loans where the intrest is much lower. If Russian banks would be charged for keeping a large amount of dollars this problem might end.

Wed, 06/18/2014 - 12:17 | 4869676 shouldvekilledthem
shouldvekilledthem's picture

nobody can be trusted to fairly administer a currency, everyone is a crook.

 

btc FTW


Wed, 06/18/2014 - 10:51 | 4869177 gold_pa3ot
gold_pa3ot's picture

Putin - huylo!

Wed, 06/18/2014 - 10:51 | 4869179 Armed Resistance
Armed Resistance's picture

Here here. Collapse the motherfucker and let's begin anew. I'm so tired of all of the lies, propaganda, bullshit, HFT "managed markets" and the decay of civil liberties. I wish it didn't have to be this way but the infestation has taken over.

Burn it down so the natural, organic rebirth of a free-market system can begin.

Wed, 06/18/2014 - 11:24 | 4869382 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture

The USA economy burned down in 2008 and you are living in the re-birth of the 'free market system' today. Unfortunately, the same clowns that burned it down in 2008 are the same ones that gave us the re-birth. Frankly, this is what you get when you permit ZOMBIES to run the system for their benefit and not yours. Furthermore, one needs to salt the earth after burning down the Capitalist system and the ZOMBIES arn't that bright IMHO. Alan Greenspan and Larry Summers et al don't want the earth salted quite yet, AR.

p.s. The 'free market system' is a mythology replete with heros

and hero worship! Hank Paulson and Ben Benanke are the heros being worshipped by the 1% while they nationalize your SUPER banks and Insurance providers like AIG, Fannie & Freddie, et cetera.

Wed, 06/18/2014 - 12:45 | 4869836 Armed Resistance
Armed Resistance's picture

2008 burned down?  That was only your top ramen boiling over and flaming up  It was a zit on a mosquito's ass.  I'm talking about a REAL fire, with a REAL re-birth.  And you are mistaken- the free market system is not a myth but a social construct based on the natural laws of supply and demand. You are discussing a CONTRIVED system that masquerades as a free market.  But for the market to be free means the government and it's filthy paws need to be removed from the situation.

Wed, 06/18/2014 - 14:22 | 4870366 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture

Like I said, the so-called 'free market system' is based on a

mythology that you cannot seem to operationalize without

invoking the rhetoric of Equilibrium Economics and the ZOMBIES that support it. Please define the 'free market' and explain how

free markets tend to eliminate millions of people throughout the world? The American 'free market system' is free for the 1 % ruling

kleptocrats and not free for the unemployed and recently foreclosed upon subprime borrowers that the so-called 'free market' system shorted for financial gain in the short term.

In the long run of so-called 'free markets' we tend towards

a run down system. The Third Law of Thermodynamics would not support your argument if one takes Entropy into account and the so-called 'free markets' are not free for a majority of people contained in the 'free market' system. Closed looped systems tend to run down over time because they lack the qualities that open and 'free systems' perpetuate. Moreover, free market systems support bankruptcy and the Federal Reserve Government Sachs does not. The 1% love the rhetoric

and profit by the ignorance each and every business quarter.

Free markets, my ass.

Wed, 06/18/2014 - 18:26 | 4871348 BigJim
BigJim's picture

You must find this place a bit confusing after all those years at HuffPo.

Never mind, you'll learn more by reading round here than typing.

Wed, 06/18/2014 - 19:16 | 4871541 Calmyourself
Calmyourself's picture

Oh Jeez another psuedo scientist invoking thermodynamics to explain that peoples choices just don't work. But lucky for us, his system can fix all those nasty mistakes caused by free choice, just give him the reins and oh yeah get on your knees, this sickness will only be cured one way..

Thu, 06/19/2014 - 00:17 | 4872435 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture

Did I offer to fix something here? The USA cannot be fixed

even if I wanted to adopt it and fix it myself. Maybe John Chen could fix it for you when he finishes selling off BlackBerry.

p.s. The United States of America is already on it's knees but

my ethics prevent me from assisting the patient in such a late stage of the cycle of death. I'll just write her some poetry and sing a song or two.

Wed, 06/18/2014 - 23:59 | 4872399 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture

Mea culpa!

It was CBC not HuffPo but I'll give you points anyways. And I

have been reading Zerohedge and felt that I should sign up and

pontificate at will just to see what happens. So far the 'like' and 'dislike' groupies are fairly balanced so the feedback 'like' generation seems to be a weak social monitor. Good humoured feedback is always appreciated and I get your point, thank you.

Thu, 06/19/2014 - 06:05 | 4872744 Tall Tom
Tall Tom's picture

Welcome to Fight Club. I disagree with your pontification that "it burned down in 2008". Hell it has been in a state of Exponential Collapse since 1913 and the damage is progressively becoming worse.

 

We have not seen the collapse yet. But when we do then it will be devastating. That will be sad for most people as they will be unprepared.

 

You have bought Physical Gold, right?

 

James Rickards is correct when he claims that the Death of Money will be a Global Event. Unfortunately it is "Audience Participation Night" on the Grand Stage.

 

You make sure that you have some Gold.

Thu, 06/19/2014 - 06:07 | 4872740 Tall Tom
Tall Tom's picture

Big Jim...I think that if you re-read his post carefully then you may get the clue that he is mostly in agreement.

 

Both you and I have not ever experienced a Free Market in America ever. Free Market Economics died when the Federal Reserve was hatched in the den of iniquity....the brainchild of the Jekyll Island and Hyde Park oligarchs. Many may argue, perhaps correctly, that the Free Market did not exist before 1913.

 

Thus it is an ideal...to be realized...to be made real...at some point in the future.

 

But a Free Market does not exist today. It did not exist Ten Years ago, and unless you are 101 Years old...which I seriously doubt...you have not ever experienced a Free Market. In that sense it is a myth.

Wed, 06/18/2014 - 13:49 | 4870188 aardvarkk
aardvarkk's picture

It's sort of like when you're trying to get a nice lawn, only no weed-be-gone exists.  Pulling the damn dandelions and clover and whatever until all your tools are broken and your fingers are bleeding.  Then suddenly you sit up and look out over a sea of crap weeds and realize it's time to go buy a jug of roundup or maybe a tiller and some grass seed.

Wed, 06/18/2014 - 14:39 | 4870473 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture

It's impossible to break a steel weeding tool IMHO. Pull the weeds out with a steel weeding tool and make sure to get the root structure entirely. The nicest lawns are tended to by hand and not

chemicals.

p.s. wear gloves or hire a bright kid.

Wed, 06/18/2014 - 19:11 | 4871524 7.62x54r
7.62x54r's picture

Chemicals are cheaper and more effective.

If you are that green, stop planting grass and enjoy your dandilions.

Thu, 06/19/2014 - 06:14 | 4872747 Tall Tom
Tall Tom's picture

I enjoy the feel of the soil when tending a lawn or garden. I do all of my weeding by hand and spade.

 

As for chemicals I have nothing against them. In my kitchen there is a flask of Aqua Regia with Gold in suspension as Gold Chloride Ions, and Mercury (I) Chloride at the bottom. I use chemicals all of the time.

 

And there are plans for the Mercury salts as they are quite toxic. Never let a good poison go to waste.

Wed, 06/18/2014 - 11:03 | 4869185 Kaiser Sousa
Kaiser Sousa's picture

tick toc...

must be a bitch when everyone that matters in the "new world order" has had it with your bullshit...

the US is a maingey mutt with rabbies waiting to be put to sleep...

nighty, night you fucking MoneyChanger controlled fucks....

Wed, 06/18/2014 - 11:44 | 4869514 viahj
viahj's picture

"MoneyChanger controlled fucks...."  look in the mirror.  name me one currency/country that isn't

Wed, 06/18/2014 - 12:53 | 4869893 COSMOS
COSMOS's picture

LOL not the Chinese, the chinese are probably the best business people in the world, the Asians saw how the game was played and learned very well from it.  But you can't say Whitie isn't trying to get in the system there, Rupert didnt make half chinese kids for nothing.

Wed, 06/18/2014 - 22:12 | 4872082 viahj
viahj's picture

dumb ass the PBOC has printed a fuckton. fiat = money changers

Wed, 06/18/2014 - 10:52 | 4869186 youngman
youngman's picture

No but there are a bunch of USA haters out there....so this might catch on

Wed, 06/18/2014 - 10:54 | 4869196 youngman
youngman's picture

I think Russia still owns some treasuries.....why not sell them first...try to start a run on them or something..to show the rest of the world you really mean it

Wed, 06/18/2014 - 10:54 | 4869200 gcjohns1971
gcjohns1971's picture

NUMERAIRE.

If you understand what a numeraire is then you understand that so far this is all just pissing in the wind.

All the agreements in the world won't replace the Dollar as the reserve currency without the establishment of an alternate numeraire.

There is only one viable alternate numeraire at present - GOLD.

Any attempt to use SDR's or any fiat vehicle as an alternate numeraire is going to run into a circular logic problem with the current numeraire.

You simply can't get THERE (alternate fiat numeraire) from HERE (Dollar numeraire).

Yawn.

Let me know when they propose Gold as the numeraire in international transactions.

Until that happens they are not serious.

Wed, 06/18/2014 - 11:00 | 4869243 valley chick
valley chick's picture

Bet you are fun at a party.  :-) 

Wed, 06/18/2014 - 11:50 | 4869540 gcjohns1971
gcjohns1971's picture

Yeah,

 

I know.

I am the guy who says, "If youuse more than a 1:5 ratio of everclear to fruit juice in your jungle juice everyone will pass out and there will be no party."

But someone has to do it.

Wed, 06/18/2014 - 11:05 | 4869278 bbq on whitehou...
bbq on whitehouse lawn's picture

That would be next as the east forms its own bretton woods. They now have the gold to do it. Good delivery in .9999
But they would need China and India on board to do it.

Wed, 06/18/2014 - 11:16 | 4869341 NotApplicable
NotApplicable's picture

The whole goal of the moneychangers is to eliminate the concept of numeraire. Yes the SDR will run into the same problems... EVENTUALLY, but that won't stop them from doing it, as it is the next step in removing the presence of "wildcat banks" that clearly show the imbalance of value amongst various currencies. I'd bet they are quite sure they can manage the transition to SDRs TO THEIR BENEFIT (which is the only thing that matters).

If gold is ever proposed as the solution again, I'm quite sure only CBs will be allowed to own it, as all of the previous damage will be blamed upon greedy gold-bug speculators.

Remember, it's for the children.

Wed, 06/18/2014 - 11:43 | 4869507 gcjohns1971
gcjohns1971's picture

"The whole goal of the moneychangers is to eliminate the concept of numeraire."

They want to CONTROL the numeraire.

There is a difference.  To eliminate the numeraire is to return to a barter economy.  The money-changers definitely do not want that.

Wed, 06/18/2014 - 10:55 | 4869204 bigkansas
bigkansas's picture

Learn Esperanto!

Wed, 06/18/2014 - 11:18 | 4869349 angel_of_joy
angel_of_joy's picture

Better yet, learn Spanish !

Wed, 06/18/2014 - 10:55 | 4869208 insanelysane
insanelysane's picture

How long will it take the EU led by France to compromise with USSR, throw the USD overboard, and have a new red euro currency?

Wed, 06/18/2014 - 10:58 | 4869240 Winston Churchill
Winston Churchill's picture

Depends on their Strontium 90 tolerance.

The US would nuke europe,you can bet the farm on it.

Wed, 06/18/2014 - 11:07 | 4869291 813kml
813kml's picture

A nuking is highly unlikely as the US can continue to manipulate Europe via Ukraine.  The EU's Achilles heel is Russian gas, destroy the Ukraine pipeline (already occurring) and the EU will be forced to buy into the LNG fantasy.

Wed, 06/18/2014 - 11:17 | 4869345 Winston Churchill
Winston Churchill's picture

Last resort I grant you.Uncle Scam will cajole and try everything else first.

But make no mistake, its on the table.

I posted months ago that this could end up with missils fired at the US by

its erstwhile allies at some point.There is a reason their deterents are outside US

control.US tridents fired by the UK, at DC ,is not so farfetched. I know for a fact it was planned back

in the 1960's, and is updated on a regular basis.

Wed, 06/18/2014 - 11:43 | 4869508 813kml
813kml's picture

The US and UK are destined to sink together as their financial houses are built on the same quicksand, they will be each other's only friends when the SHTF.

I agree that nothing is impossible, but the US nuking Europe would render its own military bases useless and destroy its strategic advantages.  All countries can be manipulated via energy, much easier to keep the EU dependent on the petrodollar.

A nuking of the Ukraine is definitely within the realm of possibilities.

Wed, 06/18/2014 - 19:14 | 4871538 7.62x54r
7.62x54r's picture

No, they will just drive a bigger pipeline through Poland.

Shipping enough LNG to heat the EU is an Ofucktard fantasy.

Wed, 06/18/2014 - 18:25 | 4871340 mkkby
mkkby's picture

Insanelysane -- how long? 

If you knew your history France tried that in the 60s, which is why the Euro was created in the first place.  That was only 50+ years ago. 

Everyone knows the US has huge advantages from being able to print the reserve currency.  This alliance isn't the first to want out.  Let's see if they can gain traction.  I doubt it.

 

Wed, 06/18/2014 - 10:55 | 4869212 Winston Churchill
Winston Churchill's picture

Thats going to leave a scar.

About time someone came out in plain English ,or Russian, about the true motives

behind Washingtons machinations.Shame you need an IQ above the US average to understand it

though.

The looks I get when explaing what a petrodollar is,say its a wasted effort here in America.

10% already know, and the rest don't want to.

Wed, 06/18/2014 - 11:06 | 4869283 NotApplicable
NotApplicable's picture

Yet those same 90% are absolutely sure that if only "their people" get elected to office, they can fix it.

Makes me sick.

Voters are absolutely the most evil force on the planet, being the premiere version of modern sloth, as their apathy fuels ALL of this.

Wed, 06/18/2014 - 12:19 | 4869688 Dublinmick
Dublinmick's picture

Yes it really is rather hopeless. Americans believe their relative success over the years is because they are so crafty. An economic collapse might cause some soul searching but even that is doubtful. Many cliches have been provided such as thank you for your service, love it or leave it etc, to substitute for critical thinking.

Wed, 06/18/2014 - 18:44 | 4871384 sondernauch
sondernauch's picture

Americans are particularly allergic to the truth. Tocqueville commented on the herd mentality over here, and it's only gotten much worse seems to me. The Americans will follow the Brits. The Brits are still proud overbearing pricks though their island is now a multiculti wasteland and a global hideout for criminals. Americans will remain just as blindly arrogant, I predict.

Wed, 06/18/2014 - 19:16 | 4871548 7.62x54r
7.62x54r's picture

Bad votes are far more dangerous than any mere "assault" rifle.

Wed, 06/18/2014 - 11:15 | 4869334 Confused
Confused's picture

I'm with you. But the problem I have is believing anyone that works for the State. Any state. The motives of washington are the same as the Kremlin. Perhaps different in some ways. But the people at the top of the pyriamid know no national allegiance. So the US loses control. Vacuum. Someone fills it. Meet the new boss. Same as the old boss. 

Wed, 06/18/2014 - 10:56 | 4869224 Schmuck Raker
Schmuck Raker's picture

I like it. Good plan. No time like the present.

Wed, 06/18/2014 - 10:58 | 4869236 Gadfly
Gadfly's picture

Gee, who could have seen this coming.

Wed, 06/18/2014 - 11:07 | 4869287 NotApplicable
NotApplicable's picture

Why, nobody, of course.

Wed, 06/18/2014 - 10:59 | 4869241 bigkansas
Wed, 06/18/2014 - 18:10 | 4871284 Volkodav
Wed, 06/18/2014 - 11:00 | 4869249 SofaPapa
SofaPapa's picture

"Co-opting European countries in a new arms race and military operations against Russia will increase American political influence in Europe and will help the US force the European Union to accept the American version of the Transatlantic Trade and Investment Partnership, a trade agreement that will basically transform the EU into a big economic colony of the US."

Isn't this ironic!?  The former colony is now trying to colonize the original imperial heartland.  One can only hope people in France, England, Germany, Italy, Spain, etc.  (note they are not "Europeans", they have unique cultures separate from this grand 'experiment') have some pride and can find leaders to get out from under the dollar-based system.  The currency represents the empire.  It's as simple as that.  

Hint: Mario Draghi and his ilk are not the leaders you are looking for.

Wed, 06/18/2014 - 12:23 | 4869704 Dublinmick
Dublinmick's picture

European countries have no national policy, they are controlled by the city of London which answers to the vatican, the top of the pyramid. Anyone who has not grasped this is just engaging in idle chatter.

Wed, 06/18/2014 - 13:44 | 4869946 COSMOS
COSMOS's picture

The Russians are smart, words and thoughts are much less expensive than Bullets and bombs up to a point, and the combination of the two sometimes is used, in some circumstances one works better than the other or sometimes they work well together.

By putting the idea out there they are capitalizing on the negative press the USA has created in the eyes of the world.  And the beauty of it is that it has been amplified by the fact that western media keeps putting out the same we are in heaven crap while RT, Press TV , live leak, Chinese news agency, AlJazeera, Indian establishment and South American papers etc...  keep showing what the truth is.  People compare and contrast and they all realize they are being conned by worthless dollars.  Not too long ago Brazil put limits on the amounts of dollars that could enter they country to buy up companies and valuable farmland with toilet paper.

People dont like being conned and in many parts of the world they will string them up.

Wed, 06/18/2014 - 11:00 | 4869250 Quinvarius
Quinvarius's picture

The USD will go down as the first currency to be extermined with extreme prejudice.

Wed, 06/18/2014 - 12:40 | 4869804 Meat Hammer
Meat Hammer's picture

And all of it will be blamed on capitalism and free markets; and the sheeple will nod and bleat as they are herded into club FEMA.

Wed, 06/18/2014 - 12:55 | 4869911 Bastiat
Bastiat's picture

It will be blamed on the Russian economic terrorism!

Wed, 06/18/2014 - 18:51 | 4871352 cgbspender
cgbspender's picture

kill -9 1913

Wed, 06/18/2014 - 11:02 | 4869255 NotApplicable
NotApplicable's picture

Can the Treasury actually manage to "write off Moscow's portfolio of US Treasury bills?" While it's easy for them to get the ones held in Russia's custodial account at the Fed, is that all of them? Also, what about others, like say... China, who feel they may be next? Will they start dumping, creating the race for the dollar exits?

To me this read like another chapter in the book of MAD.

Wed, 06/18/2014 - 19:24 | 4871568 7.62x54r
7.62x54r's picture

They will just find more toilets like Belgium to flush them into.

ZIRP federal reserve loans to some other small countries to buy the trash up, and the small countries collect the interest while not bothering to repay the fed notes.

QE without the publicity.

Wed, 06/18/2014 - 11:01 | 4869260 Colonel Klink
Colonel Klink's picture

Tick tock Fed assholes!

Wed, 06/18/2014 - 11:05 | 4869277 Winston Churchill
Winston Churchill's picture

Not long Colonel, the fact its being aired in public means they are ready and

now actively recruiting.

Wed, 06/18/2014 - 11:04 | 4869273 yogibear
yogibear's picture

The rest of world hates the US. The 1% wants to take whatever is left from the 99% causing it to generate hatred for the Federal Reserve and it's circle of cronies.

When the small people lose everything they lose it.

Wed, 06/18/2014 - 11:07 | 4869290 Bemused Observer
Bemused Observer's picture

"It is still not clear just why the western media dropped Ukraine coverage like a hot potato,"

Well, I'll explain...The West wanted war in Ukraine, but real-life wasn't cooperating, so, the media was ordered to drop the coverage and focus on Iraq. At this time, it is believed that the "sheeple" will be easier to manipulate into a wider conflict in Iraq, because they have already invested so much there. Plus, bearded jihadis screaming Allahu Akbar! are a better-defined target than those folks in Ukraine...many of whom look remarkably like dairy farmers in Wisconsin, if you can ignore the Nazi-type sentiments that occasionally pop up.

Wed, 06/18/2014 - 12:43 | 4869813 Meat Hammer
Meat Hammer's picture

Bombing Brown People - an American tradition since whenthefuckever.

Anarchy for sale http://www.youtube.com/watch?v=q3gNgS9E6k8&feature=kp 

Wed, 06/18/2014 - 11:09 | 4869305 orangegeek
orangegeek's picture

Barry is fighting with the US system and is backed by Europe in doing so.

 

Barry get's his second Nobel next week and another one at the end of the summer.

Wed, 06/18/2014 - 11:31 | 4869421 RadioactiveRant
RadioactiveRant's picture

Its a HUGE if that you could get the countries youd need to get involved to agree, and they'd have to walk away knowing they're writing off half their US assets (USTs, equities).

Then assuming you could get a coalition of Russia/China/ME to co-operate if Europe were faced with the prospect of its electricity going off, and the population rioting to keep warm they'll turn their backs on Uncle Sam. Can't see any of it happening.

Wed, 06/18/2014 - 11:09 | 4869307 yogibear
yogibear's picture

Beware of US Federal Reserve PhDs using accounts in Belgium, Singapore or Japan taking in dollar duping/US Treasury dumping.

The US Federal Reserve like the ECB will do anything to stop their Ponzi schemes from collapsing.

Wed, 06/18/2014 - 11:10 | 4869309 Quinvarius
Quinvarius's picture

You have to wonder what response the Obama team will have to this.  I am sure they will come up with some idiotic sanction like barring Putin from McDonalds for life.

Wed, 06/18/2014 - 19:27 | 4871587 7.62x54r
7.62x54r's picture

This is a punishment?

Wed, 06/18/2014 - 11:16 | 4869331 deflator
deflator's picture

 Maybe this explains the Chinese and Russian central banks rotation out of quantitatively eased UST into european equities. Europe will eventually join the alliance, just a matter of time.

Wed, 06/18/2014 - 11:23 | 4869373 SmallerGovNow2
SmallerGovNow2's picture

Count me in for the "anti-dollar" alliance...

Wed, 06/18/2014 - 11:48 | 4869548 viahj
viahj's picture

i'm pro USd but anti FRN

Wed, 06/18/2014 - 11:26 | 4869390 LuciusGermanicus
LuciusGermanicus's picture

I don't think they will go down without a fight.

We'll meet again, don't know where, don't know when.

Long mineshaft.

Wed, 06/18/2014 - 19:28 | 4871590 7.62x54r
7.62x54r's picture

Is there a close order drill for nailguns?

Wed, 06/18/2014 - 11:29 | 4869405 ghostzapper
ghostzapper's picture

Why is it so difficult for people to see and admit (gotta get over that "I'm smarter than everyone else thingy") that the ONLY way to eventually get to a system that will sustain itself is to eliminate humans from controlling currencies and financial systems?  Why do people refuse to accept this?

Gold yeah, yeah, yeah.  Sorry it's a store of value no doubt but it has essentially zero practical use in everyday life.  Every "soverign" currency is ultimately connected to greedy politicians/bankers and will ALWAYS ultimately fail.  How many more times do we need to see a manipulated currency fail to acknowledge this?

It's time for a decentralized peer-to-peer based system independent of banker/politician control. 

Wed, 06/18/2014 - 12:33 | 4869766 lasvegaspersona
lasvegaspersona's picture

any or all fiat currencies would work. As long as they are not seen as a store of value fiat works just fine. If there were 6 major fiats and gold was the store of value and the means of settlement then the printers would be forced to behave or else see their fiat become very weak in gold. just a Thought!

Wed, 06/18/2014 - 13:11 | 4870001 ghostzapper
ghostzapper's picture

I hear ya.  One little problem (which I have raised here numerous times previously):  how much gold exists, where is it, who owns it and why the fuck would I believe any of the answers anyone gives me to these questions?

Gold unfortunately is still connected to humans and human behavior in the sense that NOBODY can tell me with precision the answers to those questions. 

Wed, 06/18/2014 - 21:52 | 4872020 NickVegas
NickVegas's picture

What is wrong with gold and silver? Who cares how much there is. It takes a fixed amount of labor to mine, so it is a decent metric for human labor.

Thu, 06/19/2014 - 06:30 | 4872757 Tall Tom
Tall Tom's picture

LMAO

The major problem with your thesis is the removal of human behavior.

 

It is humans that conduct commerce. Shall human behavior anish from commerce?

The economy is made up of humans. Without humans an economy is unnesscessary. Economies are moot without humans.

 

What do you expect? Machines? HFT algos?

 

An economy without human behavior is no economy at all.

 

That is...sort of like what we have today.

Wed, 06/18/2014 - 12:38 | 4869796 gcjohns1971
gcjohns1971's picture

People do see it.

They simply don't object to the built-in injustice of the system.

They want it.

Their complaint is that they want to be the recipients of the loot rather than the source.

Wed, 06/18/2014 - 11:32 | 4869429 grekko
grekko's picture

Good riddence to the MIC/Bankster alliance.

Wed, 06/18/2014 - 11:32 | 4869437 Joe A
Joe A's picture

Business people in the EU saying: "Fuck the US"

Wed, 06/18/2014 - 11:47 | 4869536 tostaky06
tostaky06's picture

https://www.youtube.com/watch?v=CL_GShyGv3o

 

 

Us alone, such a suicidal tendence ... 

Wed, 06/18/2014 - 11:33 | 4869439 JenkinsLane
JenkinsLane's picture

Bloody hell

Wed, 06/18/2014 - 11:37 | 4869471 yogibear
yogibear's picture

Kill the petro-dollar and reserve  currency and you take away it's stength. 

Wall Street has no loyalty.  It will re-locate where the money center is.

 

Wed, 06/18/2014 - 11:43 | 4869505 Joe Tierney
Joe Tierney's picture

Russia has 'built' the doomsday machine! But this one's targeted - it's a doomsday for the U.S. and for the U.S.-centric order.

 

That's what you get for flickin' your Bics next to the bomb fuse!

 

Hey! What is 14 inches long and hangs in front of assholes?

 

Bush-43 and Obalma's neckties!

 

Wed, 06/18/2014 - 11:45 | 4869517 BruntFCA
BruntFCA's picture

The real Joke, is that Russia under Putin has gone from International Socialist (communist) to National Socialist! Putin now faces the same forces that were pressed against Hitler by the so called International Banking community - Putins crime is to be a nationalist, whereas we're all supposed to love the the enforced multicultural  empire of International Plutocrats as represented by the so called "United States".

The US is terrified that Europe no longer needs to orbit around the US.  Europe and Russia make a very strong economic/geographic and cultural mass. The maniacs in Washington would happily see Europe and Russia destroyed just so that they can keep their empire, or at least force Europe back into the deaths embrace of the US dollar. Washington has truely become the empire of evil.

Wed, 06/18/2014 - 12:33 | 4869765 Dublinmick
Dublinmick's picture

The "US" is not terrified, the US makes no decisions. The bankers in London and Rome are edgy at the possiblity of Europe tilting towards Russia. A country (US) which is some 18 trillion in debt to London bankers makes no decisions of any consequence at all even though deluded citizens continue to believe that is not the case. Presidents are installed by those who print the money, always have been and most US presidents have been cousins of the queen, just like Bush and Cheney.

Wed, 06/18/2014 - 12:37 | 4869786 Dublinmick
Dublinmick's picture

If you do not believe that, ask yourself why Britain uses it's own currency. The master remains aloof.

Wed, 06/18/2014 - 18:06 | 4871266 BruntFCA
BruntFCA's picture

Istead of US I was going to say the Anglo-American establishment, to which you need to add the Zionists. The US is not in debt to London; London cannot issue Federal Reserve Notes or debt. The US is not in any real danger of not being able to notionaly "pay" the debt, as Alan Greenspan pointed out.

https://www.youtube.com/watch?v=q6vi528gseA

Unfortunetly, the video truncates the part where he says the US *cannot guarantee the value* of the notes it prints. All that props up the dollar is the fact that most of the world is *forced* (700 US Bases across the world) to use it to buy oil, gold, steel etc in dollars. If this "backing" goes, the US could enter hyperinflation.

It does not sound like you've been to the UK - it is a joke of an economy, the whole Queen illuminati Nazi NWO story put out by Alex Jones et all is BS. The monied interests of the world are international Plutocrats, frankly if one place goes down, they can easily relocate. If you want to see whose really screwing with the US check out how many of your key influencers and public figures are members of AIPAC or are of dual nationality.

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