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Russia Nears Completion Of Second "Holy Grail" Gas Deal With China
Six months ago, something few had expected would take place in 2014, or even in the coming years, happened: under Western pressure and out of a desire to diversify away from an increasingly hostile European market, Russia signed the so-called "Holy Grail" gas deal with China, pivoting away from the west and toward with Beijing.
As part of the deal, the two nations reached a $400 billion agreement to construct the Power of Siberia pipeline, which will deliver 38 billion cubic meters (bcm) of gas to China. The compromise was a lower price than Gazprom would have otherwise hoped for, however in taking a cue right out of Amazon, "Russia would make up in volume what it lost in price." This eastern route will connect Russia’s Kovykta and Chaynda fields with China, where recoverable resources are estimated at about 3 trillion cubic meters.
And then today, with little fanfare, Russia's president Putin - whose economy is said to be reeling as a result of a plunging currency, paradoxically something Japan would love to be able to achieve on such short notice - told the media ahead of his visit to the Asia Pacific Economic Conference on November 9-11, that Moscow and Beijing have agreed many of the aspects of a second gas pipeline to China, the so-called western route, or as some already are calling it, the "second holy grail."
“We have reached an understanding in principle concerning the opening of the western route,” Putin said. "We have already agreed on many technical and commercial aspects of this project laying a good basis for reaching final arrangements,” the Russian President added.
As RT reports, the opening of the western route, the Altai, would link Western China and Russia and supply an additional 30 bcm of gas, nearly doubling the gas deal reached in May.
Once the Altai route is completed, China will become Russia’s biggest gas customer, able to receive up to 68 bcm of gas annually, surpassing the 40 bcm Russia supplies Germany each year.
Furthermore, now that the western embargo against Russia has made any ongoing cooperation between the western majors and Russia, especially in the Arctic region, virtually impossible if only for the time being, Russia has no choice but to entice China to accept the part of the provider of capital investment and technical know how (arguably reverse engineered from the best western firms). Which is why Russia has already offered Chinese companies a stake in large energy fields. In September, Russia’s largest oil company, Rosneft, offered China a share in its second-largest oil field, Vankor in the Krasnoyarsk region in Eastern Siberia. The area is estimated to have reserves of 520 million metric tons of oil and 95 billion cubic meters of natural gas.
“We have built and put into operation an oil pipeline from Russia to China and concluded agreements providing for the increase in crude oil supplies,” Putin said.
China will participate in joint exploration and extraction of crude oil and coal in Russia, and work on a jointly funded oil refinery in China has started.
And while Putin will be planning how to further expand the Russia-China energy symbiosis without losing too much of his own leverage, he will be joined by Russia's Foreign Minister Sergey Lavrov, who will reportedly meet with his US counterpart John Kerry. Judging by the recent escalation in Ukraine, the two will have much to discuss.
And yet, it is increasingly the case that Russia is happy to leave the west and its petrodollars behind (something Obama is hardly excited about), instead chosing to be paid in Gas-o-yuans or rubles.
“Strengthening ties with China is a foreign policy priority of Russia. Today, our relations have reached the highest level of comprehensive equitable trust-based partnership and strategic interaction in their entire history. We are well aware that such collaboration is extremely important both for Russia and China,” Putin President said.
And as Europe slowly slides into depression having lost a major trade partner, China's trade with Russia, and obviously vice versa, is surging: overall trade between Russia and China increased by 3.4% in the first half of 2014, reaching $59.1 billion, and the two neighbors expect annual trade to reach $200 billion by 2020. China is Russia’s second-biggest trading partner after the EU.
And just in case the two host central banks opt out of wiring or reciving USD-denominated payments, or are prohibited to do so should SWIFT escalate and expel Russia from the organization, recall that the central banks of the two countries recently signed a three-year ruble-yuan currency swap deal worth up to $25 billion, in order to boost trade using national currencies and lessen dependence on the dollar and euro.
Said otherwise, front page coverage of Russia, and its Chinese pivot, may have slowed down in recent weeks, but the motions behind the scenes are anything but over. And while the developed world is increasingly withdrawing from trade with itself and the BRICs, instead relying increasingly more on outright currency devaluation to boost "wealth", it is the two superpowers of China and Russia that are approaching the future the right way. The "exorbitant privilege" of having their own reserve currency will arrive in due course.
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You guys need to get your story straight. All I read around here is how Saudi Arabia owns the US.
For the record, however, Saudi Arabia was a British extraction colony, which the US sort of took over.
But note that I am not offering any philosophical commentary on the goodness or evil of extraction colonies, merely observing that Siberia is being turned into one run for the benefit of China.
Do you disagree that this is happening?
Yes.
And it is likely better to be a Chinese colony
Rather than a zio-serfdom.
Saudi Arabia was an Mi6 construct for the Red Shield. Lawrence pushed out the Turks for some zio-Iraqis pretending to be Arabs. The House of Z-Saud is not islamic or Arab.
"...Siberia is being turned into one [extraction colony] run for the benefit of China"
Nope. It's called mutually beneficial business.
China gets the gas it wants. Russia gets the money.
Washington/Westminster/Brussels/Berlin/NATO shoots itself in the foot (yet again) and loses more control over global energy resources that it craves.
Forbes is terrible if want whole information.
Altai is very expensve project?
Believe me, the Chinese know how to count money, better than the Russian and Americans together.
Western route will come from the same gas field as gas come to Europe...
Question
Why isn't Mongolia involved?
less countries less problems
Cuz as usual, USA has been able to saw discord between Mongolia, China and Russia.
So true, you can see where the NGOs go with International House Hunters. They had some brit guy going down there to Mongolia to open English language schools (he looked liked a retired intelligence officer). And there was another one which I forgot, some chick doing some NGO bullshit.
Meh...who cares about a bunch pipelines criss crossing Sibera. That is so last century.
WE ARE GOING TO MARS AMERICA!!! Yesireee, we are. Saw it on CNBC today.
Put that in your pipe and smoke it Vlad & Xi.....
I wish we were spending more money on space exploration rather than newer, more lethal ways to drone weddings and funerals in Central Asia.
Will I get a brand new car?
https://www.youtube.com/watch?v=GvkkENwVZe8
Been there , done that .
This has happened before .
History does not repeat , but it rhymes .
See what happened before
http://andreswhy.blogspot.com/2007/02/silk-route.html
A few thoughts come to mind:
1) Russia and China building a pipeline together across the tundra. Talk about massive environmental damage to the planet. I'm sure their environmental impact statement should be done by Tuesday, at the latest.
2) How much time is this really going to take? That's a long ass pipeline being built in friggin Siberia and not even the nice part of Siberia. Won't be happening on a twelve-month-a-year basis.
3) With this consortium of the two most overtly corrupt kleptocracies spending 38 billion dollars, I wonder how much of that is actually going to go towards stuff like pipe and welding rod. Going to be an awful lot of corners cut on this turkey, Maintenance and upkeep costs are going to be astronomical, assuming it ever comes on line at all.
4) Why can't Russia, allegedly swimming in cash according to the Okhrana around here, finance this unit itself? Answer: it has no money. Why can't it use its own technology and industrial base? Answer: it doesn't have any. Why can't it steal American technology like in the good old days rather than pay the Chinese for their stolen American technology? Answer: this is not the Empire of Evil any longer, more like the Grand Duchy of Surliness.
5) With the Chinese population already reaching a plateau and their overseas customers taking their business elsewhere, is this project really going to fill a need other than in some political theatrical sense?
Pipelines don't cause mythical giant environmental impacts despite the all the fearmongering from the conspiracy theory militant greenies.
There's more Polar Bears and Caribou in Alaska now than before the pipeline, and all the oil platforms all over the world create mangificent fish sanctuary habitat teeming with many species of fish diversity and great diving locations for humans.
Clarabel would prefer Warren Buffett's oil trains of death. Coming to a small town near you that will disappear in a huge fireball.
Great point...strangely, creating a protected area around a completely stationary object is good for wildlife, who'd a thunk it?
Now, obviously a pipeline failure is a major environmental disaster but compare the number of times that has happened in recorded history to the number of trains derailing in a single year.
Ask the Gufl coast residents about those masses of fish...
Humans are, mostly, stupid and those in control are greedy madmen.
Countries are just lines on maps used to divide humanity into manageable chunks that can be played off against each other, while the 'farmers' manage the herds.
We're all flying in the same space ship.
it doesn't have any technology - and still we are flying to space and USA not... or using old (1960-1970) soviet engines to do that...
You don't know anything about Russia or about the world...
You need to stop thinking that americans are too exceptional...
You are a taxi and pizza delivery service to the ISS, which was largely dependent on the US Space Shuttle for lifting the pieces. We are exploring Mars.
Western private industry has nearly crossed the threshold into space. Accidents happen, particularly when using Russian equipment. They'll know better next time.
But getting back to the technology point, where is Russia's oil field services industry located? Answer: Houston, Texas, USA.
As for Americans being exceptional, I do believe we are. You aren't the ones complaining about being ordered around by your government. We have declined the well-meant invitation to join with the rest of the hive mind and will chart our own course regardless of the wishes of our own set of oligarchs. You will do as you're told.
So, yes, we are exceptional.
Exceptionally arrogant and ignorant.
Well, you could be half right about that. You choose. I'm okay with being arrogant and I'm even okay with being considered ignorant by sybarites.
But I will maintain my own opinion regardless of what the hive mind tells me I should believe.
Can I add that you like the spray of pissing into the wind?
What the bidet is to toilet paper, exceptional Americans are to the rest of the civilized world.
The payoff only occurs when somebody is eating your ass.
"We have declined the well-meant invitation to join with the rest of the hive mind.....etc. etc."
Tarabel,
That paragraph was incoherent. I get the feeling that you work for the government.
hey kowalli, when Pooty Poot and the rest of the Fearless Leader crew finally manage to get a man on the moon... tell them to take some trash bags with them, so they can pick up all the stuff the US left there 45 years ago
I mean, the US got there in 1969, so 1960-1970 level tech should be able to do the trick, right?
Went to moon in 1969, then decades later could not keep shuttle in one piece?
Leaves questions
China is trying to spend as much of its federal reserve IOUs before they join the Zimbabwe IOUs.
Why is it environmental damage when others do it, and progress and development when we do it lol.
BRICS are being smart, West is being hyperagressive and dumb.
We have property in Tomsk/Seversk and Novo
Tomsk basically swamp and out to north is construction challenge.
But this is good route for security, as no extra countries crossed.
Tarabel:
1) Russia and China building a pipeline together across the tundra. Talk about massive environmental damage to the planet. I'm sure their environmental impact statement should be done by Tuesday, at the latest.
So they trash 1/4 mile each side of the pipeline for a few thousand miles. How about Keystone? How about fracking? How about tar sands? Why aren't you whining about that shit?
2) How much time is this really going to take? That's a long ass pipeline being built in friggin Siberia and not even the nice part of Siberia. Won't be happening on a twelve-month-a-year basis.
Who cares?
3) With this consortium of the two most overtly corrupt kleptocracies spending 38 billion dollars, I wonder how much of that is actually going to go towards stuff like pipe and welding rod. Going to be an awful lot of corners cut on this turkey, Maintenance and upkeep costs are going to be astronomical, assuming it ever comes on line at all.
Cute. I think Uncle Sham has the market cornered on corruption now. Russia and China are amatuers, pikers. Notice how through BRICS they're running away from our corruption.
4) Why can't Russia, allegedly swimming in cash according to the Okhrana around here, finance this unit itself? Answer: it has no money. Why can't it use its own technology and industrial base? Answer: it doesn't have any. Why can't it steal American technology like in the good old days rather than pay the Chinese for their stolen American technology? Answer: this is not the Empire of Evil any longer, more like the Grand Duchy of Surliness.
Holy shit. Cat meet kettle. We're just as broke ass if not more., see #3.
5) With the Chinese population already reaching a plateau and their overseas customers taking their business elsewhere, is this project really going to fill a need other than in some political theatrical sense?
Yea, Russia is looking out for Russia, their own energy independence. Good for them. They are running away from the BS petrodollar.
Tarabel makes some points that those in blind love with Putin refuse to consider.
2. How long this will take is important as Russia is under pressure, also see point 4. More important is why was this not started years ago, if master chess player would have seen the need to diversify customers long ago.
4. If Russia cannot simply finance this pipeline itself, and easily, then the financial condition of Russia is not very strong. If Russia's finances is this weak then they are not a threat on the global stage as they could not survive the expense of direct conflict. This also points to a weakness of the BRICS and company attempt to take down the dollar. Yes, the US is broke in theory but the US exports the debt to others using it's reserve currency status, the petrodollar and due to this can simply print more dollars and buy with worthless paper. (Russia cannot do this.)
What happened to Russia wealth? Was it diverted into elite pockets, just like in the US?
What happened to Russia economy, why is it not developed and diversified? (Manufacturing for example.) Did the elite sacrifice the overall health of Rusisia for better profits for themselves, just like in the US?
When Putin took over in Russia in late 1999, the country was just starting to recover from the implosion of the USSR and the economic depression and IMF savaging that followed in the 1990s. Russian manufacturing had stagnated during the USSR days, with factories being antiquated and energy-inefficient. Putin had a huge task ahead trying to regain control of the economy and to modernize it.
Putin saw a good future in peaceful trade relations with the US and Europe, and so went along with the US and EU in the UN, and built up trade and political relations with Europe over the last 15 or so years - while staying within the Western financial structures. Then Russia agreed at the UN to a "no fly zone" over Libya, only to see that turned into a full-on invasion and the killing of Gaddafi. That seems to have disabused Putin of any hope of political and military cooperation with the US and NATO. Then came the coup in Ukraine, and the US-led sanctions by the EU against Russia. IMHO, Putin then had no choice but to push back, resisting the US/NATO push into Ukraine and eastern Europe, and pushing back against the sanctions by sanctioning the EU nations, ditching the Petrodollar, and accelerating the shift of Russia's trade, financial, political, and military relations toward the BRICS and the Shangai Cooperation Organization nations. The relations that had been developing between Russia and the EU nations had flooded the Russian market with manufactured goods from advanced factories in Europe, which produce higher-quality goods than the Russians. In return, the EU nations got oil and gas. Win-win. The losers were Russian manufacturers. Now Russian businesses are said to be ecstatic at the prospects of EU exports being blocked from the Russian market, expecting to have much of the market reserved for home-produced goods. No doubt Chinese producers have the same idea of entering the Russian market to occupy the void. Putin, to some extent, is just continuing the "goods for oil and gas" strategy but diverting the oil and gas to China and other points east while reducing the imports from Europe. Whether Russian producers benefit much from import substitution remains to be seen.
One area that must be considered is the oligarchs who benefited from the melt-down of the USSR and the forced sell-off ("privatization") of state assets mandated by the IMF. A small number of Russian oligarchs became extremely rich, gaining control of large sectors of the Russian economy. One of Putin's strongest suits has been in taking back much of the Russian economy from oligarchs who will not cooperate with his plans to resurrect the Russian economy and state. By the way, Ukraine remains in the grips of its oligarchs, which made it easy for the US to foment its coup, but the oligarchs, the huge debts and falling GDP, and the fact that Ukraine's factories are holdovers from the USSR and very energy-inefficient, now make Ukraine a very undesirable political, financial and economic basket-case to take over and try to resurrect into a form acceptable as a Western ally.
Full-on fnancial war is being waged against Russia by the US and its OPEC allies, partly to diminish Russian influence in Europe, but also in an attempt to counter Russian support for Syria and Iran in the Middle East disputes over gas pipeline routes and control of Iraq. Saudi Arabia is reported to be pushing down the price of oil in a scheme agreed with John Kerry to try to cripple Russia and the Ruble. The US shale producers and Canada's oil sands producers may be crippled as well, to the benefit of OPEC. The Russian Ruble is in free fall, but Russia is paid for oil and gas on the basis of world prices, not in a fixed Ruble price, so the Russian treasury may not suffer as much as the fall in the Ruble would seem to indicate. The development of Russian oil and gas fields likely will be delayed as Western oil firms are barred from participation by sanctions, but that may lead to those Western firms losing their concession licences in Russia for non-activity. We will have to wait and see whether financing from China and technological development in Russia and China can make up for the loss of Western financing and oil and gas field technology. In the meantime, Russia is in a financial squeeze. But a deal has been made for the Ukrainian gas bill to be paid and for gas deliveries to Ukraine to resume, and it looks like it will be several years before much of the EU gas market can be diverted away from Russia, so Russia has some time to get pipelines to China built.
Soros won't be happy
just wondrn what the mr evil picture of putin has to do with this article?
From some of these posts, the man love for putin is quite disgusting. Get a-hold of your origins.
It's about Gas deal, about Gazprom, but like all in this year somehow twist for or against Putin
Putin is a fucking Oligarchy fucking dissenter murdering thug who happens to love his country.
The shit he does makes the Vampire Blood Sucking Squid look like a choir boy that the ZH's love to hate
but want to suck Putin cock WTF??????????????????????????? . How does that work?
BRICS BITCHEZ...
Vlad's getting apoplectic, watching his precious currency reserves drain away with each passing day whilst attempting to prop up the ruble. This morning, the ruble fell to 48.6 to the dollar before recovering slightly (it started the year in the low 30s). With any luck, oil will continue to languish in 2015, forcing the pariah further into his corner. His choices are rather unsavory. His central bank can continue to intervene and bleed away the currency fund's $400B or so, or he can let the ruble float and watch the market dramatically change the exchange rate in a short period of time. The same thing process that's playing out between the ruble and the dollar is playing out with other major currencies as well. Even the lowly yen looks like Atlas next to the failing ruble!
While Vlad can't do much to stem the ruble's suffering or the suffering of Russia's economy, he can send bombers and fighter aircraft to America's and Europe's borders, give us a display of his Judo prowess, spew anti-western rhetoric, etc.
See, he's not so impotent after all! :-)
It's like buying used tampons who fucking cares? the MOFO's dont even fucking have ONE aircraft carrier.
maybe 360 30 yr. old fighter jets we can take out Russia I think in about 36 fucking hrs.
Do the research Russia and China paper dragons; USSA pussy POTUS and navel gazers
Good luck bully.
Fuck yourself you'll get better pussy.
Drone the brownie.
Fucking killers.
Russia has those subs we nick named black holes because we can't detect them parked off our coast, I'd be worried about those. Aircraft carriers are good for bullying third world, sorry, developing countries, against Russia or China carriers would be sitting ducks for nukes.
Bob, did mama have any children that lived?
Your first goal should be to try to make sense, you silly goose!
Aircraft carriers? LOLS. Like they say, the generals are still fighting the last war! Sure, you can attack Somalia with a carrier, but not the big boys. Current missile technology will disappear those carriers in 3 , 2 , 1.... gone! Go back to your sand box bunni!
When Vlad gets even more desperate, he's going to sell his gold - out of the goodness of his heart, the metals will be on sale!
From Russia Today:
"Ready to intervene ‘at any moment’ to save ailing ruble - Russian Central Bank."
Hilarious!!!
... and we're not even close to $60 bbl oil yet... pretty goddamned eager to tap out it would seem
Pootie and his Rooskies can't really make any money on the new China mega deals for a few more years, when the gas starts flowing.
Sooooo - the U.S. has those few years left to try to collapse Russia and thwart China's rise as a bi-product.
That means the economic war against Russia has to be turned up - BIGTIME!!!
Expect the U.S. and Europe to go all-out against Russia over the next several months and into 2016 to try to accomplish just that.
But the risk is that such an all-out effort will only make the Eastern anti-dollar NWO congeal that much faster than it would otherwise. The U.S. may just be playing whack-A-mole here.
If that happens the Chinese could always back Russia by lending them some of the trillions of dollars they've accumulated. After all they won't be worth much at some point over the coming years.
X Z THERE IT IS
The American Rockies unfortunately kick world wide ass.
I try to dig some of y
all'd shiot
but, the Southern Defiant Coyotes,
And the Ancient Southern RIver
And the Mood tonight,
And the defiant Owls,
And This Defiant GOODNIGHT!
Save the rest.
Doobies say,
"The wise man has the power, somwhere bacl in his long ago, some day some where, she had a place in his liife,
He's watching her go,
What a Fool believes,
Who's got the power,
It's noting at all,
Oooooooh Black Water.............
well he gets a deal on Gas.. who cares !!! ... to be honest, i don't give a rats ass what russia does ... as long as they stay the F over there
You care enough to comment though. Russia has no interest invading Europe or anywhere else. Unlike the perpetually at war US.
thats cause Russia would LOSE if they invaded europe !!! duh
too much hype bout russia .. the dude can't even take back old ussr realestate and somehow he's a super leader.. BS.. just alot of media hype making him out to be something
Hamm
Did you think that if Russia invaded Europe, it would be in suits of armor, on destriers, swinging flails with two spiked balls on chains?
Invasions today are for piss ants like Israel in Lebanon or the criminally insane like America in Iraq.
If one of the nuclear powers, like Russia, invades a country like Ukraine, be prepared for a long, drawn out affair, unless all the parties are agreeable to world war three.
Oh, there probably won't be only one loser.
Ever heard of Drudge Report? I bet you'd love that site. Check it out!
But 99% of the media hype about Putin is that he is evil, up to no good, Stalin re-incarnate. Very few are stating the truth about him -- that he is Russia's greatest leader since Stolypin was assassinated in 1911 (about how many countries can it be said that they now have the best political leadership they have known in 100 years?); that, in fact, he is the best head of state or government on the world stage today, the one authenitc statesman.
I'm not too impressed by talk of Russia's inherent weakness -- in part because it's obvious, in part because Russia's strength and influence are so impressive precisely because of the country's shortcomings. This is a country that had all of its entrepreneurial, business, engineering and clerical (priestly) class decimated by the Red Holocaust -- and many of the best members of the intelligenstia. They lost 25 million in WWII, some 10 million in the collectivization of agriculture, millions in forced industrialization, millions in the Civil War and milllions through the Red/GUlag repression. Had Russia been allowed to live and grow normally, her population in 1991 would have been 400 million rather than 200 million.
What would be the state of US governance and of the US economy if we half lost half of our population -- and precisely the most production and creation parts of it -- from 1917 to 1991?
So to say that Putin is not always dealing from a position of strength vis a vis Peking and Washington is to state the obvious -- and to indicate, inadvertantly, how brilliant and effective Putin really is.
Not shilling for him -- just stating the facts as I see them.
Stolypin said "Give Russian twenty years without interferences from outside and within and
you will not recognize it"
Someone know where find exact quote quickly?
So far, Putin Administration has come nearest, while still against relentless interferences.
Stolypin knew the enemy.
don't worry ... the states is on the fast track to turn into russia ! it'll lose its teeth, globally.... and then they'll turn on their population
its up to the people if they'll take it up the ass, or stand up and make things right ( we know what russian citizens did in the past ... ouchy )
Becareful not to idolize any of these leaders... they are all people and nothing special .. matter of fact with the amount of power they have and how little they do for the people, will tell how much they actually suck
WAKE UP !!
by the way... lotsa russian shills on here ... hahahahahahahahaha
Russia has not interest invade anywhere
Study Putin last speakings
"the Bear does not seek to travel to other places.."
"but at the same time the Bear will not surrender it's Taiga"
Shift is power can be swift. The fact that the dollar has been the worlds reserve currency for years both empowers America but leaves the country vulnerable to such a shift. Over the last several years many US and European elites have been calling for a centralization of economic power under the control of the International Monetary Fund, as a well as a new global world wide currency under the guise it would be viewed as more fair and balanced.
Note these same elite have a great deal of power and control over the IMF. Not surprisingly, Putin also wants a new world currency under the control of the IMF. During both of his Presidential terms Obama has flooded his cabinet with current and former employees of Goldman Sachs, a longtime proving ground for elitist financiers with globalist aspirations. The article below delves into how Putin is moving quickly towards the East and how we may soon feel a bit of pain for pushing him faster in that direction.
http://brucewilds.blogspot.com/2014/06/americas-struggle-to-stay-on-top....
This and the SCO mentioned in another article could be the 'axis of evil' that TPTB in the West need. Cause nothing motivates people more than a sudden realization of imminent death. I mean, Russia, China, Pakistan, Iran and all these oppression-stans do not exactly have a good track record of human rights and stuff. The West versus the new Axis of Evil. Yep. Cold War is back.
Only difference is that this time, we are the new Axis of Evil.
I'd put ROFL after that, but then I think of all those murdered by drone on mere suspicion, government surveillance, domestic propaganda, etc...
Way to go you Harvard grads at State and the CIA. You really are utter imbeciles. Your NATO encirclement-cum-color revolution strategy was topped only by your efforts in Hong Kong last month. Way to fucking go... Oh, and by the way, grok China investing its US trade surplus dollars in building mega-capacity in Russia. Brilliant. At this point the Kennedy school should just quietly collapse..
Christian financial advisors
http://www.christianfinancialadvisor.ca/
Christian financial advisor
Flip-side of "Atheist spiritual coach"
The Chinese Association of Small Traders has recently demanded to be paid in good old $$$ when transacting with Russia as per today's article in the FT. That is what happens to the dcline of the $ as soon as there is a whiff of a crisis.
"projected pipelines" don´t deliver gas.
In this bizzaro world that we live in, the strength of a county's economy is measured by the amount of debt that it is incurring. Which is EXACTLY ass-backwards. But it's how the banksters want us to think, since the borrower is servant to the lender (a Biblical principle.)
Since Russia's economy is said to be 'reeling,' could this ACTUALLY mean that Russia is working itself into a position of great strength, since it is not incurring more debt, but rather working itself into a position of LESS debt, and thereby freeing itself from the evil banksters' clutches? If so, then we can easily deduce the reason for the naked aggression from the thoroughly bankster captured West.
Putin double-crossed the West when he exiled the oligarchs that were plundering his county. He took Yeltsin's final command to 'take care of Russia' quite literally. The West HATES him for that. They want what they consider is theirs, by way of evil, Babylonian, Talmudic Law. It is legal to rob, deceive, defraud, enslave, and kill the goyim according to evil Talmudic Law.
These evil God-haters are still hell bent on creating their kingdom on earth, rather than heeding the Creator's Word. Tragedy and God's judgment will befall them AGAIN, as it has so many times over the millennia. Same as it ever was. There's nothing new under the sun.
So true, the J crew duped the Western world with aspirations of a Heavenly Eden while they know Eden is right here on Earth. When you have control to mint the fiat you can live the good life.
Add in control of media, finance and academia and you have an almost bullet-proof position.
Monty you just need to control printing the fiat, the others come with the money. Fiat to finance acquisitions and the rest just follows the money naturally, even the academia. You get the grants, you get to hire the academic grunts who do all the research for you so you get to claim the fame.
Lol, god doesn't exist, grow up.
"The fool says in his heart 'there is no God.' -Psalm 14:1
Open your eyes. The evidence is all around you.
and suddenly the price of oil collapsed. Same thing can happen to the dollar also.
Russia is as desperate as ZH to try to convince us that they are still in control of the game. The truth is that they are not, China has a position to negociate price, condititions, etc... And Russia has no other option but to agree on whatever they propose. The relations between China and Russia are not among equal. China has put a lot of demografic pressure on Russia, and has territorial claims on Russia's Manchuria.
Putin is a pawn right now and not that supreme leader that everyone is talking about. One more year with the price of oil below 90$ and some Russian magnate will put a bullet in his head.
Accept the future as it is - US the backyard of the world (as it allways has been), EU in the middle, and the others (Russia, China, ecc.) leading. Very sad, yes? Conform with this, and you will be sleeping comfortably. Aircarriers are only a fiction, going to disappear first, together with the "american dream". You got credit some 25 years ago, you spead around shit - now eat the conseguences.
What I don't understand is why the EU don't tell the American Regime to take a flying fuck. The EU is taking all the downside with no upside while America is largely unaffected.
The Euros are occupied and infiltrated, all those USA bases, NSA spying, media control by the tribe, they own the EU politicians and the eyes and ears of the common folk. They just feed them shit fear, to get them to go along.
The American Regime has prolly got blackmail on 75% of the EU politicians. Why else did the CIA monitor the calls of Merkel, if not to get dirt on her to force her support for what the US wants?
And she is PM of Germany. Imagine all the crap they've accumulated by entrapping unterministers of the Baltic and Eastern European countries?
To get things is perspective : a cycle that began in 1492 with Columbus now achieves hiatus, between avowed objectives and diametrically opposite Oligarchy inspired global actions. And the global magma of human cum material energy moves back Eastwards towards Asia.
Asia rises based on NWO Oligarchy's incredible greed and hubris, compounded by subsequent pussillanimity.
Every dog has its day, and five centuries of Western expansion, based on mercantile, predatory, colonial zeal and then industrial hyperconsumption and fossil fuel burn out, now reaches a double plateau : both peak fossil energy and rising ecological imprint which will ascend to levels unknown this century.
In the great scheme of things this Putin/China play is gonna open further that can of worms, a Pandora's box of unknown consequence bringing down the current universal empire and its petrodollar and consumerista mantra.
Whether it achieves paradigm change is highly unlikely as they, the new kings of alter empire, are just a "cut and paste" operation trying to out-West the West.
Who will acitvely initiate the new paradigm still has to be seen. And it won't be those who keep shoving their eggs into the fossil fuel economy.
Uncertain times of awesome consequence.
When Putin's dastardly plans meet up against the penultimate innate tactical and strategic super competent genius that is the very essence of our Supreme Golfer in Chief and Supreme Maximum Exalted Leader, President Obola, who was a community organizer by the way, they will succeed beyond Putin's wildest expectations.
excellent synopsis of interview with top russian security guy. he lays out the history leading to the current events and present circumstance.
http://russia-insider.com/en/military_politics_ukraine_opinion/2014/11/0...
China's new hero: "Putin the Great"
http://online.wsj.com/articles/why-russias-president-is-putin-the-great-...
"Russia has changed from point A to point Z since Putin has been in power. Before Putin, when [President Boris] Yeltsin was in charge, the country was on its knees"-Afro-Russian rappers.
http://www.vocativ.com/culture/music/go-hard-like-vladmir-putin/
http://www.youtube.com/watch?v=yDIlQ3_lsKE