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Russia Asset Freeze Threat Sends European, US Stocks Reeling
Germany's DAX is tumbling this morning (and back in the red for 2014) as The Moscow Times reports Russian courts could get the green light to seize foreign assets on Russian territory under a draft law intended as a response to Western sanctions over the Ukraine crisis. Whether this is retaliation at Italian tax police seizing €30m in assets, including a luxury hotel in Rome and two villas in Sardinia, controlled by Arkady Rotenberg, is unclear, but the timing is highly coincidental and Rotenberg has been a longtime ally of Russian president Vladimir Putin.
DAX is sliding notably... (not helped by chatter about Russia "throttling" gas supplies to Europe)
back to negative year-to-date...
Russian courts could get the green light to seize foreign assets on Russian territory under a draft law intended as a response to Western sanctions over the Ukraine crisis.
The draft, which was submitted to parliament on Wednesday by a pro-Kremlin deputy, would also allow state compensation for an individual whose property is seized in foreign jurisdictions.
The draft law, published on a parliamentary database, would allow for compensation for Russian citizens who suffer because of an "unlawful court act" in a foreign jurisdiction and clear the way to foreign state assets in Russia being seized, even if they are subject to international immunity.
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Can't we all just get along?
We're past that...
I guess not:
http://www.youtube.com/watch?v=MPMmC0UAnj0
(Mars Attacks)
No
Awe... Marc-to-Market Marc Chandler, You said that the Ukrainian situation was 'all about nothing', and would 'blow over' without incident - all but just a 'blip' on the $DX radar, right Marc...?
let me be the first to say BTFD Bitchez!! Green by end of day on some rumor...this is how it works now...moar confidence must be injected into the system today!!!
Martin Armstrong is so right on his point that EVERY country needs EVERY country these days, we can't afford to be at loggerheads. The global economy is far too fragile to be able to have countries bitching with each other.
There's a time for fun and games but not now.
I for one am shocked and appalled by Russia's behavior. I can't believe that they would consider seizing foreign assets in Russia as a response to Russian assets being seized abroad.
As I've asked before, how fucking clueless are they? Are they not aware that the success of western sanctions in getting them out of Ukraine is ENTIRELY dependent on those sanctions being without consequence to the citizens of the west? And yet here they go again, 'acting in their own interest'. Selfish pricks, it's almost as if they aren't on our side...
<<I can't believe that they would consider seizing foreign assets in Russia as a response to Russian assets being seized abroad.>>
Al, mate, you are missing the PREMISE.
UK/USA = GOOD
anyone who takes an opposing side = BAD
Given that premise, you see, all else follows logically. Good always wins, as we all know, so the US/UK does continue to call the shots for everyone regardless of interests. Your business instincts may be correct, but alas for your moral training!
Sorry for the snark but honestly, this seems to be the totality of any reasoning in our politics lately. The less logical we are, it seems, the happier we citizens can become... as someone said earlier, instead of thinking so much we should go walk the dog or have a ham sandwich or something. You know, don't worry be happy!
No..., he didn't miss the PREMISE.
Damn...there I went assuming snarkasm again!
Was it Bush or Barry that said "You're either with us or against us."?? I get those two so confused these days.
Well, I decided to look for the answer to that. Found an interesting set of sources on Wikipedia! Who'da thunk "with us or against us" is attributable to the following famous faces:
You get those two confused, but I think I'm starting to confuse them both with a whole lot of historical people now.
Now I know the etymology of that phrase is the rallying call of Libertarians and Constitutionists across the span of the globe!
/s
https://en.wikipedia.org/wiki/False_dilemma
Here at ZH you get thumbs up for being funny. Out there your post would get thumbs up for having spoken for them.
don't underestimate the stupid.
Never,
see directly below for an example.
tch, tch, those Slavs; you know. they're not fully evolved; what can you expect?
Capital is fleeing Russia. This law was always expected as a benchmark of where Putin et al would find themselves in "certain" circumstances/geopolitical environment.
As it is well known that there would be no coming back from this benchmark, expect internal events in Russia to metastasize.
Putin will soon be seen as a liability to Russian oligarchs. As no global leader will deal with Putin, what value will he be as "leader" of Russia?
Capital always "flees" Russia, it is recycled through Cyprus or Hong Kong to give an international flavour to domestic Russian funds......how much Capital does Apple keep offshore, without it ever fleeing the US mainland ?
Nice try...
Well China and India alone have 2.6 billions population. So I guess a big part of the world will still deal with Putin.
youre DREAMING nice try though
Putin holds a lot of "political capital" in his country. Further, he is very much a realist. His goal -to neitral;ize the power of the Globalist elites over Russian affairs- is widely popular among Russians. But he is not pursuing this goal without heeding his limitations. He is playing the weaker hand; but doing it masterfully.
There are roughly 2 types of oligarchs. The first type were obsessed with creating and moving wealth out of Russia. The second are working with Putin closely to develop and modernize Russia and remain -at their core- Russian. They are in this struggle for restoration as much as Putin. And these are the ones against whom the USA directed its sanctions. Don't expect them to turn on Putin anymore than they would turn on the Russian people.
Putin is one of the most respected men in all the world, not only in his own country but among most western and emerging countries as well. It is his loyalty to the historical national aspirations of his people, his personal character traits, and his political skills that have earned him this respect. Putiin is a "leader" only in Russia. But he is a symbol to many others.
This doesn't assure that Putin will succeed. The powers of the Globalist/Zionist-aligned countries arrayed against him are enormous. There is no assurance that his successor(s) will be able to carry on as effectively as he has so far. But, regardless of the eventual outcome, he is doing the right thing, and going about it the right way.
"Capital is fleeing Russia"
Nope. The sanctions might have cooled down the trend, but that will only be temporary. There's too much money to be made in Russia for the investors to let go of that market.
http://rt.com/business/russia-top-3-fdi-356/
This is exactly how Germany's Bayer lost its US business and Aspirin brand, and how Britain lost the Marconi stations in the USA.
It is pretty common for countries at war to seize enemy assets......and the US + Eu are technically at war with Russia
I never realised that the US was at war with Britain and seized its assets like Marconi's radio and telegraph stations. I thought that the US just paid Britain a 'forced purchase' price, but did buy them.
As to Bayer, it was not just them, virtually every German company west of the Russian zone had all its patents, designs, equipment taken by the US/Britain/France as war 'reparations'. Whilst in the Russian zone virtually every nut and bolt went as well. In addition, every German subsidiary anywhere in the world was seized, sold and the money distributed amongst the four allies. Now that is what you really call 'seizing' assets.
Europe, Russia, and China were growing and prospering, the new Silk Road from Germany to China is coming into view, but the US just couldn't stand someone else prospering without bowing and scraping to the almighty US and its dollar.
So the US has to start another war. The immense suffering it is causing is of no consequence to it.
The US is the greatest danger to the world today, just as Germany was in the 1930's.
and funnily enough it was the Luftwaffe that was key not the Army whose loyalty was suspect to the Nazi regime. German air power in support of ground forces was what made Germany a threat - exactly as the USA has used them in recent combat but now reverts to Douhet and Trenchard as proponents of strategic bombing without the need for ground forces.........
I am no fan of Putin as such but I must admit that at this stage of the game he would still be a much more worthy recipient of the Nobel Peace Prize than Obama ever was.
If The Warmonger In Chief is worthy of the Nobel Peace Prize, we know the Nobel Committee is corrupt.
They only read Swedish; and they don't get out much. I think "stupid" is a better explanation.
Actually I'm a fan of Putin since he stopped the Oligarch looting+, gave the Communists the finger++, whacked Muslim facists in Chechnya+++, whacked Muslim Commies in Georgia++++, whacked Muslim pirates in Yemen & Somalia+++++, and teamed up with Exxon++++++, in my book Putins more American than Boosh or Obama combined.
I wouldn't be surprised if Russia adopted the US Constitution while Obama submits to global Socialism.
Puntin isn't "opposition" but an ally, a low tax threat, Obama is an actual "enemy" of America and the US Constitution, a national embarassment hater dope head punk looter.
Obama's personal guard is scum.
Agree , except that I am a fan of Putin -I wish he were our President here in the US.
The intent is to destroy America, Americans and the dollar and they're doing a bang up job.
Much to my sadness America is already destroyed. Pride goes before a fall and America's pride has been nothing less than absolute arrogance for quite some time.
You are taking Europe down with you.
MERIKAN BASTARDS!.
your speaking of Obama and the Banks right?
And yet, ironically and strangely enough, the USD goes up and up, PM and Oil go down and down, Stocks are up and up.
WTF? Go figure. I feel like Alice in Wonderland.
Blowback?
LOL Blowup.
DE: no gas + no biz in RU = no Merkel
"DE: no gas + no biz in RU = no Merkel"
In that case... Merkel my word: "Merkel ist Fertig. Kaput. Und... Tschuess."
You ain't seen shit yet. What with Germany banning coal and nuclear electric generation, wait 'till Der Rusland shuts off the gas tap. Holy shades of Auschwitz, Batman.
Check your facts. German coal fired electricity production is soaring, they are digging lignite like there is no tomorrow.
http://www.bbc.co.uk/news/business-26820405
and soon a black fog of dirty coal dust will bring the nation to a standstill, ya slob.
Starve in the cold and dark luddite.
No; it won't; propaganda victim.
I can't wait for the Russians to start personal prosecutions and seizures of the perp's assets squirreled away during the 70 year Communist regime loot-a-thon, that's what this war is about, who gets to exploit those assets, Russian and Ukrainian citizens or the Global socialist bankers that figure those assets would be worth way more with 400% more Muslim & African tenants.
I can't wait for the Russians to start personal prosecutions and seizures of the perp's assets squirreled away during the 70 year Communist regime loot-a-thon, that's what this war is about, who gets to exploit those assets, Russian and Ukrainian citizens or the Global socialist bankers that figure those assets would be worth way more with 400% more Muslim & African tenants.
There are 200 bilions of foreign loans to Russia out of which 85% are Europeans, mentioned capital confiscation in the text is only bonus . Eat this motherfucker Bitchess
Germans better think long and hard over who they elect next.
Mass Fraud should be a crime against humanity.
Please support this petition at whitehouse.gov.
https://petitions.whitehouse.gov/petition/mass-financial-fraud-should-be...
Sign-it, Share it, repost it, pass it on.
Dude, your heart is in the right place; but you're wasting your time.
Read this.
US Secretary of State John Kerry and others in G7 Foreign Ministers group condemn violations of Ukraine ceasefire agreement, writing, 'We remain ready to further intensify the costs on Russia for non-compliance' - @NBCNewsAnd its government forces shelling civilians that is violating the ceasefire. Can't let the truth get in the way of some good warmongering!!!
In a second communique... The US and Italy agreed to provide all the fiat/Fiats they the G7 needs.
Sanctions are new Smoot-Hawley tax for global economy; but then potus 44 never had a production job.
Yes; almost always overlooked; never mentioned; sanctions are not exactly what's needed for a global recovery. Smoot-Hawley was a tariff Act passed by congress rather than a tax; but I understand what you're saying; sanctions are a tax on the fragile "recovering?" world trade. Very clever of Obambam and his pet neanderthals.
Europe/EU have allowed themselves to become caught up in this entire mess.
Europe has no business getting in to a war - economic war or military war - with Russia.
And certainly not in to a conflict over the future of the Ukraine. Rank stupidity on Europe's behalf.
they were purchased. "When you sup with the devil you must needs have a long spoon"---old German proverb, actually.
Putin just pulled out a trump card. He wil never be outmaneuvered by our gentle president.
Is this the end of GLOBALIZATION?
The simple answer is, "No, Amigo."
The soutern border is still wide open from what I can see. And take a loo around you at any IT company; do you speak Hindi or Gujurat?
ooops! Time for the EU to take it in the 'nads.....fair is fair
Ouch ! LOL.
Is ISIS Good For The Jews?
http://www.realjewnews.com/?p=967
Well they are definitely their military allies; we have direct evidence of this. Whether or not this is "good", in any real sense, in the long term or even the short term, I don't know; but theyare allied with them.
i get it-if you wont join the IMF and let them control your currency you are considered a "Terrorist"
Everything is awesome , everything is awesome , if your part of the team ............ everything is awesome... if your part of the team .... sleeep well campers .
Gubmints Stealing Other Countries' Money, SOCM as we call it, has to be so much fun, especially on such a large scale as this.
Wall Street has to be jealous as hell.
Its economic warfare for the 21st century, I dont know why the west is playing games.
The fact is while US/EURO erodes their middle class, pushes the youth into lifetime unemployment, creates major separation within communities the BRICS is creating new wealth and a new middle class based on a new financial system.
All this at a time where climate change is moving towards the end game and China/India will be ramping up energy production that is now being freed up by attacking Russia? Where did they think all this gas and oil would go FFS??
And this is all so they can remap the middle east.. crazy greed.
All according to plan?
Wow analysts are great. I have seen 4 reasons explaining todays sell off a good jobs report (huh?), a HYG breakdown, Apple, and now this...... No one gave the real reason that the market is at least 50% over valued.... I still stand by a strong last 3 days of the month.... will know at tomorrows open. I still dont know what technical level stopped the slide
The guy who oils the printing press at the Fed was in temple all day....
" clear the way to foreign state assets in Russia being seized, even if they are subject to international immunity "
Does this mean they are going to seize the BIS? If so, I'm putting Vladimir back on my X-mas list.
Well, thats a dangerous game for Russia. I personaly would go to this kind of extremes only if there is nothing else to lose. If you start to confiscate stuff in your country you can put yourself in a situation where external investments will be away for a very long time.
Europe already confiscate stuff and assets, we have nothing to lose more than our lifes
Well you better sober up and re-assess the situation then, hadn't you ?
Fuck external investments, dude. you don't get it. America, the early, world beating industrial capital of the world wasn;t built on external investments. External investments are the modern "hurry up, fly now pay later, credit card plan". do it yourself. make it yourself, and finance it yourself. fuck external investments; and "external entanglements" as George Washington saw fit to remark.
Did George Washington really say Fuck?
I think he did! The time he chopped down the cherry tree and his dad caught him, he said, "Oh Fuck!" Then to cover up saying Fuck, he said, "I cannot tell a lie. I chopped the cherry tree down" and his dad responded, "Forget the damn cherry tree, but you say, Oh Fuck again and I will use that damn axe on your ass!"
That is how I remember it when it happened - yea I am old...
Best not fuck with bears .. i learnt that when i was 5 years old ... This bear will bite big .
http://www.occupyforanimals.org/uploads/7/7/3/5/7735203/5070_orig.jpg
Break them first.
See this as more proof it is not smart to poke the bear. At this point Putin holds all the cards, this will become more obvious as winter nears and events unfold. It seems both Russia and many of the separatist in Eastern Ukraine would support federalization. Surely, no reason exist for Kiev to be opposed other than a loss of power. A more federalized government is also the most plausible way of keeping Ukraine intact.
Support for sanctions is mixed in Europe as some countries fear Russia and have an ax to grind with Putin while others wish to move forward. Saber rattling has only lead to death and destruction. As I see it little good will come from further bloodshed and it is time for the West to stop sending money to Kiev so they can ramp up the violence and continue the civil war. More on the progress being made in the article below.
http://brucewilds.blogspot.com/2014/08/eu-moving-towards-deal-on-ukraine...
Nothing unusual, normal course of history
- NATO got Cyprus and the russian money in cyprus and wants Tartus in Syria
- Putin got Crimea
- USA, Europe know where Putin's money is.
- So, if USA blocks hence practically expropriates that money, then Putin will expropriate western assets in Russia
- If USA, EU exprorpriates Putin's own money, then Ukraine would practically be screwed.
This is nothing unusual. World always works like that, oligarchs expropriating each other world wide
Same with Quantitative Easing. Bank lobby trying to expropriate oil lobby and world oligarchs by use of execess reserves, hence world oligarchs rejecting USD, because QE is an expropriation attempt.
Hence US Military intervening to suffocate bank lobby, because world is rejecting USD due to QE which is expropriation attempt.
USD collapse would make US Military not be able to obtain fuel for warships and fighter jets as well as energy and food and housing for 470k soldiers.
It is that simple.
I see NO realistic scenario or horse-trade where Russia can afford to give up its Naval Base in Syria (Tartarus).
If the US deposes Assad, all of Ukraine will become part of Russia (and HAS to) -- in 7 days. In which case, the EU has to decide: Gas or no Gas? Eurasian trade or no Eurasian trade?
Ukraine is already heavily armed by NATO and ready to war.
Putin has no capacity to war in 2-3 places at once in the world
He would be stuck there for long time. He knows that
You know less than zero ekm1. Porko admitted this week that 65% of their armor was destroyed in the east but has not admitted that they lost at least 15,000 men. The third Ukie conscription raised the age to 60 and has been a failure with many battalions manned by poorly trained new troops. The Ukies lost more men and equipment in 5 months than the Soviets did in 10 years in Afganistan. It was a disaster. This fake ceasefire gives the Ukies a final opportunity to retreat honorably, but if they attack again, everything east of the Dneiper could be lost. The rebels are far stronger this time in terms of men and equipment (although still pretty disorganized, they are "rebels" after all). The massive advantage in men and equipment Ukraine had a few months ago is smouldering in Donbass which is why Porko got peanuts from Obama last week. Ukraine has a destroyed military, economy cratering, no gas or coal and soon to be pissed off cold population. Yeah Putin is shaking in his valenki.
I think I would compare Putin to the Pied Piper of Hamelin, with one exeption. He is taking everything East, but leaving the rats in the West.
Perhaps the Russians should consider declaring the patents of western drug companies null and void and allow Russian companies to copy and distribute their products. These pharmaceutical companies spend 100s of billions to develop their drugs and get them past the FDA and other western regulators. They also, I suspect, lobby the FDA to push for regulations on nutritional supplement makers and other companies that compete with them. It would quite easy for Russia to do this and it might just bring about an end to the corrupt relationship between big pharma and the FDA.
The Pharmaceutical company then funds drug trial after drug trial until it gets the results it needs to get FDA approval. Drug patents are for the specific "use" and "dose" of a chemical. Just changing the "dose" on an FDA application can win a new patent. For example, by simply applying for a stronger dose and a name change "Extra Strength xxx" a Pharmaceutical company gets years more of exclusivity and ridiculous profits on their poison.
When Eli Lilly's patent expired on their $4 purple Prozac pill and Apotex started selling generic Prozac at 25 cents per pill, Eli Lilly learned some researchers were testing Prozac on women for PMS symptoms. They applied for a new patent, changed the pill's name, changed it's color to pink, and raised the price to $7 per pill.
Also, research shows that a bit of exercise and a good diet cures most ailments.
America plays checkers, Russia plays 3-D chess. They have already won. As America's very foolish Ukraine gambit explodes in Uncle Sam's face, look for some pushback against the neocons and their fever dreams.
Cute you think America is in charge of the game.
We have children setting our foreign policy.
Bring it on Vlad - to the max!
It's high time that Drone Boy - that 2-bit Zio-Fluffer punk in the WH - got a good ass-kickin'
You said it Frankie. knee-cap the dude, then face- butt him. the old Brooklyn Greeting.
They took it for non payment of tax, legal. Even the draft law allows that.
Its what the Ukraine is all about they did not pay for gas. So we take big chunk of your Country.
Forgive my niavete but can someone explain to me why Russia does,nt invest say $18 billion in paper silver (via various third parties )then demand delivery thus crashing global derivative markets and the dollar and thus deprive the US military of its economic funding . Seems cheaper than fighting a war or maybe it would cause WW3 ? Or everybody in the whole world would be pissed off at them for depriving them of the fake debt money funds
Once they bought it we would sanction it locking it down
I don't understand why Russia just doesn't charge Rubles for thier Gas, problem saved, Ruble is supported and at the same time they exit the US$ trade, would the Europeans refuse?
watch news in october =)
I have wondered about this. But remember, much of Russia is really owned and ruled by "old money".
I think this is logical; and it is being held in wait. if the sactioneers continue; this is what they may get. Not Europeans wouldn't refuse; they would cry for public, but rejoice in heart.
"...Russian courts could get the green light to seize foreign assets on Russian territory under a draft law..."
It will be even more exciting for shareholders of Western companies with exposure to foreign asset expropriation when the headline reads:
"...Chinese courts could get the green light to seize foreign assets on Chinese territory under a draft law...."
Good luck Merkel. How many Merkel fishes can you shoot in the barrel?
Comedy gold!
German Man Confused by ‘Shooting Fish in a Barrel’ Idiom [VIDEO] |
What if we took the handlers so you could live in harmony? What would that cost? Think about that proposal.
Shooting Fish In The Barrel, Why Is It That?http://m.youtube.com/watch?v=63Y5XjlO4vk
Im starting to think zeroshit is all bullshit too.Problem reaction solution and a hole lot of intellectual bullshit.
I believe your comments are below your pay scale.
Trust me, i know!
Im starting to think zeroshit is all bullshit too.Problem reaction solution and a hole lot of intellectual bullshit.
You can head over to CNN, CNBC or other sh*t sites and post there. But, before you do, check out the following:
"We are grateful to The Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But, the work is now much more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national autodetermination practiced in past centuries."
David Rockefeller, founder of the Trilateral Commission, in an address to a meeting of The Trilateral Commission, in June, 1991.
Yeah i know all that stuff champ.
So mining gold in Africa on 230 grand clear a year is above my pay scale.Jumbo mining retard.google it Zeroshits.
Did you say you got a gold tooth and you currently make 230,000 RAND in South Africa? On today's exchange that's a cool $20.5K! Sweet. Maybe next year you can troll outside of your mom's basement in Durbin ya wanker.
Did you say you got a gold tooth and you currently make 230,000 RAND in South Africa? On today's exchange that's a cool $20.5K! Sweet. Maybe next year you can troll outside of your mom's basement in Durbin ya wanker. The only armed resistence you do is you your arm trying to stop yr hand abusing you.Wanker.Aussie dollars
That's 230 grand Zimbabwe right ?
go away then...
Unless you want to start WW3 and win, don't mess with Putin. Unfortunately, the psychos who who pull the strings on the idiot Obama, just may have that in mind.
Anders Fogh Rasmussen departs in two weeks from the North Atlantic Treaty Organization (NATO), where he has been secretary-general since 2009, with a present from the General Court of the European Union Court of Justice. It’s a golden tongue depressor.
In a judgement issued in Luxembourg on Thursday, September 18, the court ruled that the European Union (EU) cannot lawfully introduce sanctions against states, corporations, state organizations, or individuals without stating reasons which can be substantiated in evidence to a standard of proof tested in court.
http://johnhelmer.net/?p=11398
.,
One of the greatest caliper of intelligence.
New site: Russian Insider
http://russia-insider.com/en
kulture: http://russia-insider.com/en/culture/2014/09/23/05-16-15am/russian_parody_us_pop_sensation_kiezsa_goes_viral_gets_2_million_views
The power of negative advertising campaigns
Score a big one for Putin.
Naturally, western public education doesn't spend a lot of time teaching western heritage to its "graduates" any longer, but some of you may remember the tale of the Kilkenny Cats. As the story goes, the two Kilkenny Cats fought and ended up swallowing each other so that nothing remained of either cat except for its tail. But one has to ask oneself if Russia and the USA/EU are equally matched on the Kilkenny Cat index when it comes to bilateral economic warfare.
The answer is obvious that the United States and the European Union each have a much longer financial tail than Bad Vlad and his band of merry Devil-Wears-Pravda groupies. Together, of course, their ability to squeeze the economic snot out of the big cold extraction colony that makes its living selling raw materials to civilized societies is several orders of magnitude above the damage that the fearsome Russian steamroller can do to Slovakian thermostats this December. There will be a lot of Western Kilkenny tail left over after that Russian cat has been totally swallowed with a happy burp of pleasure.
Ask yourself this simple real-world question: Does Ivan the Temper Tantrum really want to start down the road of ferreting out and expropriating foreign bank accounts? As for the constantly repeated canard that the Russians are these brilliant chess players and the dummy Americans are checker aficionadoes, I think it is important to recognize that, as PJ O'Rourke pointed out, Russia managed to lose the First World War despite being on the winning side.
Putin is not concerned about paper money tails, he is concerned about real staff - nation's food security, heating in the coming winter, weapons systems to protect russia etc
? I live in Russia and nothing you just said makes any sense from this side. and or any side except the one I come from originally, which is the west as in the US. Obviously you try to impose western standards on a country that has resources and utilizes them for her people. I know I live here...
Financial Tail? - If debt is acceptable then yes their tail is very long. If as I was raised and debt was detrimental, then the western tail is actually receded and coming out the western mouth of the cat, they are so far in debt...
Answer to your simple real-world question: Yes and I would support them doing it and they should toss the west out on her ass and turn to the east 100%. Lies do not make a good bedfellow and the west is lies and deceit. The west fired the first shot in this war and I will say again and again, Russia will finish it...
The west is the one in trouble and trying to keep its head above water as it drowns...
The west has lost the ability to understand that Russians are self-sufficient and I, as an American in Russia grow my own food and live as the Russian do, it works and it is a much better life than sucking a nanny tit as in America. Russian people help each other for the state does not give much in the way of handouts to the people, but cost of living is cheap (I average 1000 rubles a month for electricity!) and that to me is far better than receiving handouts and paying it back in utilities. Everyone I know in Russia and that is thousands of people now, always help each other and food is given to those who need... Not a perfect system, but a system that is run by the people...
Nothing Russia does in retaliation to the sack of shit west, is inappropriate, short of nuking the west...
War is war, no matter what form it is and the US and EU started it...
good post....educational for some here hopefully....
can I ask where you are located?
According to his Wikipedia page, O'Rourke is first and foremost a political satirist, then an American journalist (not any kind of journalist, an American one) and to top it all off, a Fellow at the Koch brother funded Cato Institute.
Professor Antony C. Sutton D.Sc. has a different version of what happened to Russia during the first world war in his well researched "Wall Street & the Bolshevik Revolution". The book is available for free at the link below, but just in case you aren't inclined, note the title, "Wall Street & Bolshevik Revolution", the "&" comes before "Bolshevik Revolution" (spoiler alert) implying a cause and effect relationship, which of course would no surprise to anyone who's read "Legacy of Ashes".
https://archive.org/details/WallStreetTheBolshevikRevolution
If you want to further broaden your political and historical horizon (beyond satirists the likes of O'Rourke) I strongly recommend you read "Tragedy and Hope" by Professor Carroll Quigley, where you will learn how many tens of millions of Russian lives were expended to win WWII. Also available for free at archive.org:
"https://archive.org/details/TragedyAndHope_501"
the longer tail has a smaller head
if the head gets smashed, NYC
money game over
http://www.washingtonsblog.com/2014/09/ukraine-government-officially-introduces-slavery-vague-terms.html
USA and Russia need to mend fences and ally as in WWII to bring stability to the world order.
Just eat more beans and produce your own gas!