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Putin Defiant, Lashes Out At West, Tells Russians Economy May Stay Weak For Two Years

Tyler Durden's picture




 

Having started at noon Moscow time (4am Eastern), Putin's annual Q&A run for a massive three and a half hours, during which the Russian leader took numerous questions from the public and as expected, reiterated the key "rally around the flag" talking points that have permeated Russian rhetoric over the past few weeks as the economic situation in Russia deteriorated.

As Bloomberg notes, the conference was attended by hundreds of reporters and carried live on television around the world, the event took on heightened importance this year as the president sought to reassure a Russian public unnerved by the ruble’s plummet.

While he did acknowledge the difficult economic reality, Putin sought to reassure his countrymen that the current weakness "would last no longer than two years." Putin promptly pivoted against the west and accused the U.S. and European Union of trying to undermine his country and blaming external factors for the sharp plunge in the ruble, notably the drop in oil saying that “the economy will naturally adapt to the new conditions of low oil prices.”

As caught by the WSJ, when he was asked by a Russian television reporter about the sense that new divisions in Europe have emerged since the Ukraine crisis, Putin blamed the tensions on the West, saying “they didn’t stop building walls” after the end of the Cold War. He accused the West of building up the North Atlantic Treaty Organization toward Russia’s borders and expanding an antimissile systems.

“It’s not a matter of Crimea. We are defending our independence, our sovereignty and our right to exist, we should all understand this,” he said later in response to a question about whether the current economic troubles were “payment for Crimea.”

In tough language, Mr. Putin returned to an analogy he’d used earlier this fall, comparing Russia to a bear in the Siberian Taiga wilderness, saying it was naive to hope that the West would leave Russia alone.

“They will always try to put it in chains and once they have it in chains, they will take out its teeth and claws, which in this case means our strategic nuclear deterrent,” he said. “Once they’ve got the Taiga, they won’t need the bear,” he said, accusing Western leaders of saying publicly that Russia should be deprived of its vast natural resources.

Asked about tensions with the West, Putin struck a harsh tone, accusing it of seeking to subdue and disarm Russia. Acknowledging that Western sanctions over the country’s role in Ukraine were biting, he said the current economic troubles “are payment for our independence, our sovereignty.”

Putin did reserve some blame for his Russian peers, criticizing the central bank for not responding faster and halting the Ruble collapse. He vowed to guide the country through the current situation in the same way he steered Russia through the 2008 financial crisis, and warned citizens to brace for a recession. Somewhat ironically, Putin said that Russia shouldn’t waste currency reserves protecting the ruble as the country prepares for a downturn brought on by the collapse of the oil price and sanctions over the Ukraine conflict, he said.

“Under the most negative external economic scenario, this situation can last two years,” Putin said. “If the situation is very bad, we will have to change our plans, cut some things.”

Some of the other notable highlights: "Putin sparred with a Ukrainian journalist, reeled off statistics on the fall harvest and spoke about guiding gifted children. He even told reporters that he has a good relationship with his ex-wife and is in love with someone new. The tone of the back-and-forth was captured in an answer about the freeing from prison of former oil tycoon and political opponent Mikhail Khodorkovsky: “I don’t regret anything. I did everything absolutely correctly.”

So will the presser do anything to change the status quo? Hardly: Putin will continue to be viewed as a pariah by the west, certainly for as long as he continues to challenge the US state department-imposed regime in the Ukraine. Meanwhile in Russia Putin is still enjoying popular support because the simple equation is that for the vast majority the recent territorial expansion courtesy of the full Crimean annexation is seen as worth the hardship and the soaring prices. Which is why Putin again accused the U.S. and European Union of using the Ukraine conflict as way to contain Russia as they have done since the end of the Cold War through the expansion of NATO, comparing the current situation to a new division akin to the Berlin Wall.

“This is payback for our natural desire to preserve ourselves as a nation, as a civilization and state,” Putin said. “The crisis in Ukraine should make our partners understand that it’s time to stop building walls.”

Finally, Putin said he’s firmly in control of the country and is not in any way worried about a coup from within his ranks. “People in their hearts and souls feel that we, and I in particular, are acting in the interests of the vast majority,” he said. Judging by his record high popularity numbers, the people appear to believe him.

 

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Thu, 12/18/2014 - 09:57 | 5567869 Aknownymouse
Aknownymouse's picture

Hi like Vlad. He is the man.

Thu, 12/18/2014 - 10:01 | 5567884 drendebe10
drendebe10's picture

..3 1/2 hours... no teleprompter no doubt...  could anyone imagine the most transparent corrupt incompetent arrogant narcissistic illegal indonesian kenyan alien muslim sociopathic pathological liar in chief fudgepacker doing that.... har de har har har....

Thu, 12/18/2014 - 10:01 | 5567885 Silky Johnson
Silky Johnson's picture

That guy is on point. He's not mealy mouthed or vague. He tells them there is going to be pain and the reason for it. That's a dude!

Thu, 12/18/2014 - 10:03 | 5567893 knukles
knukles's picture

You didn't cut the price of that oil.

Thu, 12/18/2014 - 10:07 | 5567905 Ahoy Polloi
Ahoy Polloi's picture

We told the truth to some folks

Thu, 12/18/2014 - 10:12 | 5567925 negative rates
negative rates's picture

We trusted some folks.

Thu, 12/18/2014 - 10:21 | 5567965 Ahoy Polloi
Ahoy Polloi's picture

bears will be bears

Thu, 12/18/2014 - 10:31 | 5568004 Troll Magnet
Troll Magnet's picture

And Jews will be Jews. Fags will be fags.
#FederalReserve
#Barry

Thu, 12/18/2014 - 10:35 | 5568029 Ahoy Polloi
Ahoy Polloi's picture

So are you trying to say that 'Barry's will be Fairies?' ~ lol

Thu, 12/18/2014 - 11:07 | 5568190 froze25
froze25's picture

Is Russia going to be the "District 13" in the Hunger Games future after the collapse?

Thu, 12/18/2014 - 11:19 | 5568257 johny2
johny2's picture

when the speech is based on the facts, teleprompter can be off.

Thu, 12/18/2014 - 11:32 | 5568309 The Black Bishop
The Black Bishop's picture

No, that would be the USA.

Thu, 12/18/2014 - 12:10 | 5568503 sainchaw
sainchaw's picture

that 'hunger games' comment doesn't register with me. i'll have to ask my 14 year old nephew what it means.

Thu, 12/18/2014 - 12:30 | 5568584 Calmyourself
Calmyourself's picture

Read the books, a piece of pop culture with some worth, rare so enjoy it..

Thu, 12/18/2014 - 20:16 | 5569073 IronForge
IronForge's picture

Swing and a Miss!!!

https://en.wikipedia.org/wiki/The_Hunger_Games_trilogy

It's a YOUNG ADULT SCI-FI Piece... 

...hence the comment.

Thu, 12/18/2014 - 22:25 | 5571124 Calmyourself
Calmyourself's picture

Yeah thanks we know, hence the phrase "some worth"..  Bring back the captcha..

Thu, 12/18/2014 - 14:51 | 5569285 RaceToTheBottom
RaceToTheBottom's picture

I wonder is the Putin an Olympic class Archer?

Do any of my friends on the Putin Mancrush team have any photos with him "archering" with his shirt off?

At least ones that are publicly acceptable?

 

Still I cannot name one western poliprostitute that can do a 3 1/2 hour anything much less question and answer session.

Thu, 12/18/2014 - 10:38 | 5568052 PT
PT's picture

becoz global trayd wil bring werld piece!
...or give some leverij to sumwun ...

Thu, 12/18/2014 - 11:02 | 5568166 Ahoy Polloi
Ahoy Polloi's picture

Actually ~ I'm starting to believe the 'WHIRLLED PEAS' scenario is [FIGURATIVELY] playing out.

Thu, 12/18/2014 - 12:34 | 5568599 PT
PT's picture

They said, "World Peace."
They meant, "Whirlled (or World) Pieces".

Thu, 12/18/2014 - 10:14 | 5567928 Arius
Arius's picture

Somewhat ironically, Putin said that Russia shouldn’t waste currency reserves protecting the ruble as the country prepares for a downturn brought on by the collapse of the oil price and sanctions over the Ukraine conflict, he said.

“Under the most negative external economic scenario, this situation can last two years,” Putin said. “If the situation is very bad, we will have to change our plans, cut some things.”

 

This doesnt sounds like someone in a rush to sell ... in exchange for your trouble of typing a few zeros in your laptop

Thu, 12/18/2014 - 11:11 | 5568207 Poundsand
Poundsand's picture

Spot on!  Sell your gold to defend your currency for paper fiat?  A coward would rush forward and do it to look good, it takes strength to stand there and not bend while under tremendous pressure.

Thu, 12/18/2014 - 11:50 | 5568401 PT
PT's picture

Let that be a lesson to yaz all.  It ain't enough to hoard gold.  You gotta remember not to sell it when you're hungry.  Gold don't buy much when you're hungry.

Thu, 12/18/2014 - 11:59 | 5568451 Torgo
Torgo's picture

To paraphrase Amon Amarth: His spirit was forged in snow and ice to bend like steel forged over fire. He was not made to bend like a reed nor to turn the other cheek.

Thu, 12/18/2014 - 12:36 | 5568610 angel_of_joy
angel_of_joy's picture

Among other things, he basically said that RCB has not been up to the job. In Russia, you don't get a second warning...

Thu, 12/18/2014 - 10:22 | 5567969 McCormick No. 9
McCormick No. 9's picture

A free-flowing, non-rehearsed press conference...Who can remain unimpressed?

Meanwhile Obama waits until the last minute to free Cuba, something he should have done with courage the one minute into 2008. Since Obama is on the way out, here's a preview of how to compare Hillabitch to Putin, or Jubhead to Putin:

Hillabitch: What did you say? Guards take that man away! I never want to see him alive again!

Jubhead: I can't answer that question, as my interactive response algorythm seems to be breaking down into pure jibberish.

 

Thu, 12/18/2014 - 11:27 | 5568279 HardAssets
HardAssets's picture

Even for us who don't speak Russian . . . you can watch the man's body language and you get the sense that its no bullshit when he talks.

The difference appears to be that the Russian leadership cares about their country and its people. Russia has gone through hell over the centuries.

With American 'leadership' it all seems to be about disdain for, lies to, and the intentional destruction of the citizenry in order to deflect attention from that 'leadership' when everything inevitably collapses.

Thu, 12/18/2014 - 13:38 | 5568875 Miffed Microbio...
Miffed Microbiologist's picture

" We will bury you" is what I took away from this and considering this country is so radically different from the time of Khrushchev, we should be wary of our purported exceptionalism.

Miffed

Thu, 12/18/2014 - 14:09 | 5569025 Titus
Titus's picture

It wasn't that serious. What he did, which is being misreported all over (fuck you bloomberg). Paraphrased: 

We have to stick within the bounds of international law. It was the US who continued with nuclear bomber flights near russian shores after russia discontinued them. It was NATO that expanded toward Russia's borders. The west wants to tie up the Russian bear and declaw us. We are only defending our countries territorial integrity.

Russia is not the aggressor. We must follow international law.

Russia is not in Ukraine. We must all follow international law.

We want to work with all parties to resolve the Ukraine crisis, within the bounds of international law.

Next will be:

Americans are not following international law. Here is a list of times they have broken it to expand their empire.

Kiev is not following international law. Ethnic Russian's are dying. We have no choice but to intervene.

 

 

 

 

 

Thu, 12/18/2014 - 10:06 | 5567906 GetZeeGold
GetZeeGold's picture

 

 

Good news.....just 2 more years busting it Soviet style.....and everything will turn back to normal

Thu, 12/18/2014 - 10:35 | 5568021 McCormick No. 9
McCormick No. 9's picture

.

Thu, 12/18/2014 - 10:37 | 5568035 DetectiveStern
DetectiveStern's picture

Russia will be fine. The West is so shortsighted they can't se past their own nose.

Thu, 12/18/2014 - 11:04 | 5568172 Son of Captain Nemo
Son of Captain Nemo's picture

The West is so shortsighted they can't se past their own nose.

Which is why rabid animals must be euthanized.

Certainly wish the American people could take care of the rabies epidemic in their own Country before it spreads and has to be taken out by foreign "animal catchers"!!!

Thu, 12/18/2014 - 11:22 | 5568264 markettime
markettime's picture

This situation really shows the need for someone to break off and form a currency that is less likey to be manipulated by the banskters. Of course they will fight it tooth and nail all the way down the drain. It is unbelievable that the manipulators can crush economies the way that they do. 

Thu, 12/18/2014 - 10:27 | 5567946 Day_Of_The_Tentacle
Day_Of_The_Tentacle's picture

I watched it all live despite my ever instant nausea, when it comes to anything remotely related to politicians. He did a very good job. Including when asked less pleasant and quite critical questions. Including when asked frivolous privacy prying questions. Including when asked ridiculously longwinded and fuzzy questions. Including when asked questions of populist and incendiary nature. Including when asked questions with extreme emotional charge due to recent tragedy and deaths. Good job.

Edit: And I agree with others. There were no lashing out or flailing arms at all. There were a few well articulated uppercuts with a quick series of jabs in the middle prompted by chosen questioners - but those jabs were completely deserved. I would not have been able to stay that cool on those particular subjects.

Thu, 12/18/2014 - 10:32 | 5568008 ebworthen
ebworthen's picture

“It’s not a matter of Crimea. We are defending our independence, our sovereignty and our right to exist, we should all understand this,”

BINGO!  Putin is not going anywhere.  He makes our leaders look like spoiled kids at a Chuck E. Cheese b-day party.

Thu, 12/18/2014 - 11:24 | 5568277 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

He makes our leaders look like spoiled kids at a Chuck E. Cheese b-day party.

Others are waking up to that fact.

Former Australian Prime Minister: America is a dangerous ally to have, Australia may be better off without it.

http://nationalinterest.org/feature/america-australias-dangerous-ally-11858

Thu, 12/18/2014 - 12:20 | 5568533 Real Estate Geek
Real Estate Geek's picture

Thanks. That was well worth reading.

Thu, 12/18/2014 - 14:20 | 5569099 malek
malek's picture

That read is too good to be true.

I have no idea how former Australian Prime MinisterMalcolm Fraser has spoken before, but I have to assume he is just putting on a new mask in preparation of some future political battles.

Thu, 12/18/2014 - 12:44 | 5568636 nuke ISIS now
nuke ISIS now's picture

Lol. ...

Seriously? Vlad is raping the citizens of Russia lining his own pockets, yet propagandists like you keep absurdly cheerleading..

Laughable

Thu, 12/18/2014 - 14:02 | 5568994 TheFourthStooge-ing
TheFourthStooge-ing's picture

Yours is a sore delusion, Captain Butthole.

Thu, 12/18/2014 - 10:27 | 5567994 blaireauhedge
blaireauhedge's picture

De Gaulle from France used to do that. No prompter. Not notes. He would throw dates, statistics, litterary and historic quotes, etc. at journalists. It was something else. And all done in absolutely perfect, classic French.

Find me ANYBODY in the western world that could do that today.

I can't speak for Putin's Russian (its style), but he does seem to have a great grasp of a wide array of topics.

Thu, 12/18/2014 - 11:02 | 5568165 Bollixed
Bollixed's picture

When you don't tell lies it's easy to remember how the story goes. When everything is spun the stories never match across scripts. Is it any wonder all we get is gibberish out of our leaders? For them the events change faster than their writers/propaganders can keep up with. Trying to balance all the lies across so many scenarios is a hard task. Actually, it's a fool's errand.

Thu, 12/18/2014 - 11:10 | 5568199 Son of Captain Nemo
Son of Captain Nemo's picture

Find me ANYBODY in the western world that could do that today.

De Gaulle is dead and all that is left are politicans that clutch teleprompters like "gy gy blankets"...  More importantly what does it say about the rest of us who allow them to become our leaders when they are incapable of holding a thought in their head for more than 2 minutes that requires assistance!

They are a lost breed, and once they are gone they are near impossible to get back!


Thu, 12/18/2014 - 12:19 | 5568531 edotabin
edotabin's picture

Either the handlers have gotten more powerful or the leaders more weak-minded....... or both.

Thu, 12/18/2014 - 14:48 | 5569268 Lea
Lea's picture

blaireauhedge,

Yes, De Gaulle was amazingly knowledgeable. Lots of people have noticed the resemblance between Putin and De Gaulle. Same ideas (even if Putin is a bit more of a liberal), same brilliant mind, save for Putin being diplomatic when De Gaulle's inability to cope with morons often made him curt.

Son of Captain Nemo says, "De Gaulle is dead"

Certainly, but Vladimir Putin is alive.

Thu, 12/18/2014 - 16:30 | 5569805 asiafinancenews
asiafinancenews's picture

"De Gaulle from France used to do that. No prompter. Not notes. He would throw dates, statistics, litterary and historic quotes, etc. at journalists. It was something else. And all done in absolutely perfect, classic French."

Henry Kissinger once stated that Charles De Gaulle was the most impressive diplomat/head of state that he had ever met.

Thu, 12/18/2014 - 11:18 | 5568243 Freddie
Freddie's picture

Putin will take questions and he answers them without evading.  I saw a round table where he was asked about the separation (and coming divorce) with his wife.  He answered the question. 

I cannot imagine any American politician except maybe Ron Paul who can provide as intelligent and non-sugar coated answers like Putin does.

Thu, 12/18/2014 - 14:05 | 5569000 kchrisc
kchrisc's picture

The teleprompter is a puppet string.

Putin is no puppet.

An American, not US subject.

 

"See the puppet, see the strings."

Thu, 12/18/2014 - 10:04 | 5567894 ZH Snob
ZH Snob's picture

looks and sounds very much like a feint to me.  it's what he's not saying that really matters.  putin would never reveal his real strategy.  all this is just window dressing.

Thu, 12/18/2014 - 12:22 | 5568549 taraxias
taraxias's picture

+1000

He handled himself extremely well as any great leader would but this man didn't just read The Art Of War, he lives it everyday. It's what he didn't say that's the real bitch. Blowback is in the works for the US and its puppet allies. I don't know how, when or where but you can count on it. I suspect not too long from now either.

Thu, 12/18/2014 - 14:24 | 5569134 Cheduba
Cheduba's picture

A feint does sound likely.  This is like the Federal Reserve - don't worry because we promise rates will rise in 2010, no 2011, no 2012, no 2013...

Thu, 12/18/2014 - 10:04 | 5567897 blaireauhedge
blaireauhedge's picture

I did not find him "defiant" at all.

And much to the dismay of those who support him, and I'm actually one of them, he absolutely did NOT lash out at the west.

At some point this site will have lost all credibility.

Thu, 12/18/2014 - 10:10 | 5567916 Philo Beddoe
Philo Beddoe's picture

The Easter Bunny will save us. That much I am suire of. 

Thu, 12/18/2014 - 10:19 | 5567954 Kinskian
Kinskian's picture

“This is payback for our natural desire to preserve ourselves as a nation, as a civilization and state,” Putin said. 

 

Note that he did not say "as a people". I like Putin, but in the end he's just holding out for a more senior position in the JWO. 

Thu, 12/18/2014 - 12:30 | 5568574 Stumpy4516
Stumpy4516's picture

Kinskian is correct.  Putin is playing the Russian citizens.  Kicking the can to buy two years of time to, using their sacrific, negotiate his and the Russian elites position in the next ravaging of Russia.

In the past 10 yrs Putin did not diversify or develop the economy, invest in infrastructure (such as alternatives to the Uk pipeline), he did not even develop a reliable internal banking system (for gods sake, govt officials and the Russian elite used US bank credit cards), did not install an alternative to SWIFT as soon as he was in office, did not discontinue using microsoft products and did not stop purchases of compromised computers from the US.  Profits were made by the elite and for the most part taken out of the country.  But at least enough of the profits stayed in Russia to raise the living standards.

When Putin allows Syria to shoot down an Israeli or NATO plane that invades it's air space.  When Putin bombs the NATO training centers and mercenaries centers within internal Ukraine when Putin actually kills US/NATO/Israeli military personnel in a confict.  When Putin by covert action starts destroying the Saudi's production facilities or Qatar's facilities  THEN I will question if maybe he is fighting for the Russian people and not the Russian elite. 

This is Putin being their somewhat defient, loud mouthed bitch.  And her pimp slaps her every so often and she takes it and takes another step back.  Putin and the elites want to be above servicing the Johns (with the money going to the Pimps) and want to be well paid organizers and are trying to negotiate this with resistence but know if they actually hit a pimp they end up in a dumpster.  The poor Russian people's fate will be the same regardless.  And this time the jmafia wants to destroy them as a people with genocide.

Putin is using the Russian people and country just like he uses Russia allies once the west actually attacks them.  He lets them get butchered while preservng his and the elites hope for a seat at the jmafia table. 

Thu, 12/18/2014 - 10:20 | 5567962 EasterBunny
EasterBunny's picture

Did somebody call?

Thu, 12/18/2014 - 10:27 | 5567987 Philo Beddoe
Philo Beddoe's picture

Where the fuck have you been? We have all these assholes promising change and hopping us down the bunny trail to the land of sweets and chocolates.  It has been one big lame ass Easter Egg Hunt that is for sure.  Save us EB! Save us.

Thu, 12/18/2014 - 10:34 | 5568018 ebworthen
ebworthen's picture

You talkin' to me?

Thu, 12/18/2014 - 10:38 | 5568046 Philo Beddoe
Philo Beddoe's picture

Only if you have carrott hanging out of your mouth. 

Thu, 12/18/2014 - 10:41 | 5568054 ebworthen
ebworthen's picture

"What's up doc?" Bugs Bunny for President! 

He would be better than our current or future choices.

Thu, 12/18/2014 - 11:11 | 5568212 Son of Captain Nemo
Son of Captain Nemo's picture

The Easter Bunny will save us. That much I am suire of.

That you Clint?...

Thu, 12/18/2014 - 10:26 | 5567993 NotApplicable
NotApplicable's picture

Sensationalist Tyler is in the house?

Thu, 12/18/2014 - 12:52 | 5568676 Son of Captain Nemo
Son of Captain Nemo's picture

"Every Which Way A loser!"...

Thu, 12/18/2014 - 09:57 | 5567873 LawsofPhysics
LawsofPhysics's picture

Glad to see all the oligarchs are sticking to the script for now.

What part of all fiat will go to zero don't people understand?

Thu, 12/18/2014 - 09:57 | 5567875 falak pema
falak pema's picture

Well, he is all in and playing for his own future. 

So he is saying to his people : two years...give me two moar years...

Awesome race to bottomless bottom. 

Thu, 12/18/2014 - 10:07 | 5567910 Ghordius
Ghordius's picture

I heard this "two years" often, lately. usually it was about the oil price, and how long it will be at current levels

Thu, 12/18/2014 - 10:42 | 5568065 Oldballplayer
Oldballplayer's picture

Just wondering what the price of oil will be when Iran or ISIS goes a marching into the Kingdom?

It would not surprise me to see Iran pick a fight with them (SA) and lob a couple of Russian made missiles into the oil fields.

Thu, 12/18/2014 - 11:02 | 5568155 winchester
winchester's picture

oil  skyrocket in spring when after winter of low priced oil nothing change in way russia hold the position. that 2 years is pissing usa coz hitlary will never wait 2 years, ... 26 periods cycle... WW3 triggeredr way before the half..

Thu, 12/18/2014 - 09:59 | 5567880 order66
order66's picture

Well put, Mr. Stalin.

Thu, 12/18/2014 - 10:10 | 5567912 GetZeeGold
GetZeeGold's picture

 

 

The sign is right there.......DON'T FEED THE KGB.

 

Is Anna Chapman around?

Thu, 12/18/2014 - 10:02 | 5567883 Itch
Itch's picture

3 cheers for the kleptocracy everyone...hip hip horray!

Thu, 12/18/2014 - 10:03 | 5567891 Zero Sledge
Zero Sledge's picture
terpeniye
Thu, 12/18/2014 - 10:03 | 5567892 PoorMan429
PoorMan429's picture

Heel Vlad!.. Good boy

Thu, 12/18/2014 - 10:04 | 5567896 i_call_you_my_base
i_call_you_my_base's picture

Good or bad, he's right.

Thu, 12/18/2014 - 10:05 | 5567898 SilverIsMoney
SilverIsMoney's picture

Blah blah blah blah... It was time to do something and he jawboned instead.

Thu, 12/18/2014 - 10:28 | 5567929 Philo Beddoe
Philo Beddoe's picture

You just wait, Mister. He has a plan. He is a chess player for fuck's sake.  He did fuck all as part of his master plan to do more fuck all in the future. Same as the West. Chess is easy once you know the rules of doing fuck all and tipping over the board when you start to lose.  

Fri, 12/19/2014 - 11:45 | 5572566 mkkby
mkkby's picture

We know what the plan is.  We see it in action every day.  Create Swift alternative.  Sign trade agreements with who ever wants one.  Build gas pipelline to china.  Fight proxy wars.

Oh, and wait for lazy corrupt west to implode under a mound of debt.

Thu, 12/18/2014 - 10:15 | 5567931 Theta_Burn
Theta_Burn's picture

Do what?

You should appreciate Putin's restraint.

Thu, 12/18/2014 - 10:16 | 5567940 Peter Pan
Peter Pan's picture

Why waste his aces?

Thu, 12/18/2014 - 11:06 | 5568184 SilverIsMoney
SilverIsMoney's picture

All you fanboys have been saying this all year and all hes done is get his ass whooped.

Thu, 12/18/2014 - 11:23 | 5568271 Theta_Burn
Theta_Burn's picture

You are right.

I think its great the Russian people are going to starve, and 1/2 of Europe will be in a depression, so the nightmare America has become can continue a few more yrs.

I am switching to unabated conquistador murder and mayhem fanboy from here on out...

Thu, 12/18/2014 - 10:05 | 5567903 Crash N. Burn
Crash N. Burn's picture

"Putin promptly pivoted against the west and accused the U.S. and European Union of trying to undermine his country and blaming external factors for the sharp plunge in the ruble"

 

 Economic terrorist attack:

U.S. Declares (Currency) War On Russia

Sigh, fuckin banksters and their currency manipulation.

Thu, 12/18/2014 - 10:46 | 5568090 Dapper Dan
Dapper Dan's picture

sigh, fucking politicians and their trade wars

 

Russian ruble crisis 2014

Dec 18, 2014, 02:30 PM GMT 5m
General Motors has suspended delivery of cars to dealerships in Russia in response to ruble decline, company says - @Lebeaucarnews
Thu, 12/18/2014 - 10:06 | 5567907 roadhazard
roadhazard's picture

Go for it Putin, I love $2.00 gas.

Thu, 12/18/2014 - 10:11 | 5567919 GetZeeGold
GetZeeGold's picture

 

 

Oh yeah....big fan of $2.00 gas here!

Thu, 12/18/2014 - 10:09 | 5567917 GVB
GVB's picture

The only guy I would applaud is the ONE guy from the West that has the Balls to attack The banking Cabal. I will NEVER applaud the guy from the east. Wake up! Any person really gets what's he's about to do? Just to reduce down voting, I'm very much dedicated to physical gold/silver. But I know where I'm from.

Thu, 12/18/2014 - 10:37 | 5568045 GVB
GVB's picture

There's just one thing that you need to keep in mind. I'm not Anti-East. Most certainly not! I DO know I'm from the West. There's a force in play and it is the most dirtiest force in the entire world.. It is quite difficult to explain. But 99% of your friends / family / population just don't understand it. THAT's what this is all about. You AND I understand, but they don't. Either you buy gold and shut your mounth, or you continue to laud the Eastern Guy and risk to be labelled as a collaborator. That's where we're going. He's about to break THE system. It's better to focus on the Western nations that are doing their utmost to repatriate their gold. All of this is a huge mindfuck and - as I said - very difficult to explain. Give it to me, again.

Thu, 12/18/2014 - 10:58 | 5568146 Eahudimac
Eahudimac's picture

I think you are right on. The question for everyone is do you want the system to break? In my opinion, it has to be broken. What will replace it is anyone's guess. There are all kinds of stories floating around out there, most of which are labeled as conspiracy theory, about massive amounts of gold to be used to back a new international currency, the IMF waiting for the dollar to collapse and replace it with SDR notes, and currencies back by a basket of commodities. Under the right circumstances, I would think an international currency is a good idea. Given the nature of bankers and politicians, they will make sure to fuck up anything that is good for the average citizen. I am from the west (good ol USA) and I do not see anything good coming from the west. Russia and maybe China seem to me to be the only two contries that can take on the zionist banking cartel and come out on top, if they play their cards right. If that makes me a collaborator, so be it. I want nothing to do with the policies or politics of the USA or zio banksters. We here in the US live under a corporate fascist system, not a constitutional republic. What is there to gain by backing this system. Nothing, unless you are in the .01%

Thu, 12/18/2014 - 11:21 | 5568247 GVB
GVB's picture

I think there will be a (edit-new) war, for the simple reason that nobody knows the truth. I don't understand why so many downvotes. If they would only know...

Thu, 12/18/2014 - 12:04 | 5568473 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

I don't understand why so many downvotes.

Probably because of this:

I will NEVER applaud the guy from the east.

Not even when the guy from the east is the only one with spine enough to do what is right?

I think there will be a (edit-new) war, for the simple reason that nobody knows the truth.

The guy from the east has been telling the truth and seeking a peaceful resolution to conflict. Too bad the western free press is complicit in hiding this.

If they would only know...

Perhaps if people were unafraid to speak truthfully without the fear of being labeled a collaborator with those who are doing what is right, more people would hear the truth. Know what I mean?

Thu, 12/18/2014 - 12:26 | 5568563 GVB
GVB's picture

Mark my comment. What I describe is not the type of situation one wants to get involed in. It's dirty, delicate and nasty. I know the truth. I don't need any education whatsoever. I know Putin has been telling the truth! BUT your / my entourage (i.e. 99%) will never understand / know. Media, right? Again, THAT's what it is about. This is not difficult.. You want to tell everyone that he's the messias? OK, go ahead. We talk again when it gets "hot". I'm not a troll, I'm very concerned about Western thoughts, please understand. Thank you.

Thu, 12/18/2014 - 13:01 | 5568714 Bollixed
Bollixed's picture

"I know the truth. I don't need any education whatsoever."

In all due respect that statement speaks volumes about your lack of knowledge. It's akin to looking at a chess board after the first pawn is moved and stating you know the outcome of the game.

What's lacking in your statements is an acknowledgement that situations are dynamic and can change overnight. It considerably denigrates your credibility to size up events. Perhaps a rethink of your prowess is in order.

Personally, after watching things unfold I'm surprised by how many of the things I was so sure of turn out to be my own delusions based on personal biases. So I have long since come to the conclussion I'm missing a few pieces of the puzzle.

And no surprise there, as in all dynamic situations even the best laid plans can't envision all possible scenarios that will unfold. Hence the many ad hock plays being made.

Do yourself a favor... strive for a more open mind. It may serve you well.

Thu, 12/18/2014 - 15:12 | 5569410 GVB
GVB's picture

I don't agree, but I hope you're right.

Thu, 12/18/2014 - 11:56 | 5568435 Defiated
Defiated's picture

Don't forget Canada...we have Steven 'You'll-find'me-hidin'-in-the-closet' Harper!!!!

He wants to be Benjamin-the-nutty-yahoo's best friend......asked about Harper Benji said

"I think he has nice lips"

Thu, 12/18/2014 - 11:14 | 5568197 fleur de lis
fleur de lis's picture

GVB,

You mean well but you have been mislead.

To understand the depth of psychopathic depravity that has plunged entire nations into the flames of war, sent millions of lives to violent early deaths, folowed by looting of anything at will after the target populations have been terrorized into submission, all of which is done with the misuse of our taxes, read--

Wall Street and the Bolshevik Revolution

Wall Street and the Rise of Hitler

Both by Antony Sutton. Know what Putin knows and you will understand his responses.

 

Thu, 12/18/2014 - 11:25 | 5568276 GVB
GVB's picture

I agree that you and I agree. If the rest (99%) doesn't then what does that tell you.

Thu, 12/18/2014 - 11:09 | 5568198 JR
JR's picture

You’re right. It’s time to wake up; you are losing your country because of the empire of the West, the nucleus of central banks and their police forces, the CIA and NATO.

They are creating wars around the world and the most obvious blockade to their world government is Putin. Buy gold every day as much as you can and it won’t save your country. And in the end, it won’t save you.

It is admirable of Putin to recognize the problems of his people and his country. Obama and Bloomberg and the WSJ, in the face of the opposite, would say the U.S. is adding jobs and enjoying great improvement. And the reason Obama would not be able to take questions for any length of time is because puppets don't have answers; if it's not written ahead of time, it's not authorized.

The Putin Q&A period alone marks him as one of the world's greatest leaders; he's not afraid to deal with the truth. The banking cartel has many problems it will face in the coming months, but the biggest one is Putin. Compare that to its complete control over Obama, McConnell, Boehner and the rest of the U.S. Congress.

Thu, 12/18/2014 - 11:59 | 5568208 fleur de lis
fleur de lis's picture

Can someone please tell me why Nuland still has not been fired for starting this ground and financial war with her vile phone conversation? 

Thu, 12/18/2014 - 12:08 | 5568490 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

Can someone please tell me why Nuland still has not been fired for starting this ground and financial war with her vile phone conversation?

Probably because she carried out her assigned tasks exactly as instructed.

Thu, 12/18/2014 - 12:16 | 5568509 Theta_Burn
Theta_Burn's picture

And a good little souless skank she was..

They are still sifting through the script to see where the actual conversation was to be leaked tho..

Thu, 12/18/2014 - 10:11 | 5567920 Theta_Burn
Theta_Burn's picture

Incredible..

Would anyone have guessed just a few yrs. ago that full blown FX wars would be happening across the globe, or America would be outright threatening Russia?

 

 

Thu, 12/18/2014 - 10:17 | 5567944 NotApplicable
NotApplicable's picture

Desperate times call for desperate measures. Especially once plans in Syria and Ukraine have failed to ignite the cover of full-scale war.

Thu, 12/18/2014 - 11:07 | 5568187 Jlasoon
Jlasoon's picture

The country has to stir shit up constantly around the globe to stay relevant. We have to kill, maim, infect, drone, destroy, occupy, infest, steal, rape, and pillage to keep the facade intact. What we do to our fellow human beings around the world to preserve the Ponzi at home is quite disgusting. I can only hope that god has mercy on us when the SHTF. 

Thu, 12/18/2014 - 18:37 | 5570401 Sirius Wonderblast
Sirius Wonderblast's picture

Sorry, but I just don't see that happening. Most ruthless will "most favoured nation" China. Putin is pragmatic - you could have worked with him.

Thu, 12/18/2014 - 10:19 | 5567956 oddjob
oddjob's picture

...other than Jim Willie?

Thu, 12/18/2014 - 10:43 | 5568071 Theta_Burn
Theta_Burn's picture

To this extent?

Whats next, A pentagon announcement of a major military base opening in Taiwan?

 

Thu, 12/18/2014 - 11:47 | 5568386 GVB
GVB's picture

Jim Willie is A SIR

Thu, 12/18/2014 - 13:42 | 5568891 Atticus Finch
Atticus Finch's picture

Jim WIllie has been obnoxiously prescient since 2005.

Thu, 12/18/2014 - 10:11 | 5567921 Kina
Kina's picture

You know you have real leader that knows all that is going on around him when he can talk for three hours without telepromters repetive domestic political slogans or pathetic whining and piling out tons of bullshit aka Obama and US congressmen.

Thu, 12/18/2014 - 11:50 | 5568403 Defiated
Defiated's picture

I want a 'Vlad T-shirt' for Christmas!!

Thu, 12/18/2014 - 10:11 | 5567922 Panic Mode
Panic Mode's picture

We were screwed by some folks.

Thu, 12/18/2014 - 10:13 | 5567923 Peter Pan
Peter Pan's picture

It is a pity the west does not have a Putin of its own that would be able to come to a gentleman's agreement with Vlad and thereby deesclate the whole situation. But I guess the USA does not want friends because that would mean that it could not attack them and rape them.

Thu, 12/18/2014 - 10:16 | 5567938 i_call_you_my_base
i_call_you_my_base's picture

There always has to be a bogeyman or the MIC is put at risk. Belligerence is part of the business model.

Thu, 12/18/2014 - 10:18 | 5567951 NotApplicable
NotApplicable's picture

As well as a hallmark of the Neocons/libs.

Thu, 12/18/2014 - 10:17 | 5567948 StandardDeviant
StandardDeviant's picture

Be careful what you ask for.

Thu, 12/18/2014 - 11:48 | 5568396 Defiated
Defiated's picture

when you have a huge Military-Industrial-Complex that is one of the few remaining large

high-paying manufacturing sectors , what do you expect?

"...when all you have is a hammer, everything looks like a nail..."

Thu, 12/18/2014 - 11:48 | 5568397 Shitgum Suicide
Shitgum Suicide's picture

Yes because the Russians have always treated their people so well.

Thu, 12/18/2014 - 12:06 | 5568484 Torgo
Torgo's picture

To quote the red/white/blue-wearing Don Frye: "The Russians are the last men on the planet...We need a Putin, where's our Putin?"

 

https://www.youtube.com/watch?v=fNfnVtMeI84

 

Thu, 12/18/2014 - 10:13 | 5567924 ejmoosa
ejmoosa's picture

 “the economy will naturally adapt to the new conditions of low oil prices.”

Naturally adapt-a concept the FRB has never heard of.

Thu, 12/18/2014 - 10:13 | 5567927 Spungo
Spungo's picture

He answers questions? He should learn from zero and Bush - do not take questions for more than 2 minutes.

Thu, 12/18/2014 - 10:17 | 5567950 GetZeeGold
GetZeeGold's picture

 

 

Bush who?

Thu, 12/18/2014 - 10:22 | 5567972 Negative1
Negative1's picture

Questions are planted.

Thu, 12/18/2014 - 10:50 | 5568110 Son of Captain Nemo
Son of Captain Nemo's picture

Questions are planted.

Only if your Bath House Barry, rabid Benji, or "dick" Cameron!

Thu, 12/18/2014 - 10:14 | 5567930 JustObserving
JustObserving's picture

Russia and Putin are under a full spectrum attack:

The sanctions imposed by the United States in response to Russian opposition to last February’s coup in Kiev has amounted to economic warfare. Over the past four months, the value of the Russian ruble has plunged by more than 50 percent. On Tuesday, as the ruble fell 10 percent against the dollar in one day, US President Barack Obama indicated he would sign a bill imposing even harsher sanctions on Russia and allowing Washington to directly arm the far-right, pro-NATO regime in Ukraine.

When Lieutenant-General Mikhail Mizintsev voiced the Russian Defense Ministry’s “concerns over the significant increase of NATO military activity near Russian borders,” Pentagon officials replied that NATO would keep building up its “air, land and sea presence” around Russia.

Yesterday, editorials appeared in several major newspapers warning that Russia’s currency crisis would not abate until Moscow bowed to the Kiev regime and abandoned support for separatists in eastern Ukraine. “The depth of the currency’s slide,” wrote London’s Financial Times, “reflects the growing belief in financial markets that Mr. Putin no longer runs Russia in its economic interests and is instead bent on pursuing illusory geopolitical goals.” NATO, it added, “should leave him in no doubt that de-escalation in Ukraine will reduce international pressure on the Russian economy. The hope must be that, even now, Mr. Putin is in a mood to change course.”

The New York Times wrote: “The sensible thing for Mr. Putin to do would be to withdraw from Ukraine. This would bring immediate relief from sanctions, and that would ease the current crisis and give officials room to start fixing the country’s economic problems. The question is whether this reckless leader has been sufficiently chastened to change course.”

Were Russia to accept the US-NATO diktat, its surrender would simply set the stage for further demands, whose ultimate outcome would be the actual breakup of the country.

http://www.wsws.org/en/articles/2014/12/18/pers-d18.html

Thu, 12/18/2014 - 11:23 | 5568273 Son of Captain Nemo
Son of Captain Nemo's picture

.

Thu, 12/18/2014 - 11:40 | 5568349 JR
JR's picture

It’s ironic that the Russian people have only recently rid themselves of the tyrannical yoke of Bolshevism only to have the Bolsheviks return in the form of a central bank Zionist assault on their currency, sovereignty, zone of influence and property.

Unfortunately for Americans, they have held out their wrists to be bound in chains of bondage, debt slaves to the global elites.

As for the NY Times, I should believe the New York Times regarding Russia the way I should believe the NY Times’ accounts regarding the Palestinians, the Iraqis, the Iranians, the Syrians, the Lebanese, the Afghans, Georgians, Bosnians – or for that matter, the Holodomor (death by starvation) when millions (some say up to 10 million) died as the part of the  Soviet famine of 1932-1933 that took place in Ukraine,  deliberately starved to death by the food requisition actions carried out by Soviet authorities The NY Times supported that, too. And its 1930s New York Times reporter Walter Duranty won a Pulitzer "Prize" for whitewashing Stalin's reign of terror in Ukraine and Russia, for his hundreds of articles drawing a picture of the Soviet Union as paradise on earth under Stalinist terrorism, including life under the Holodomor.

And where is the NY Times' criticism of the death of 500,000 Iraqi children caused by U.S. "sanctions"? Rather, it supported Israeli ethnic Madeleine Albright, former U.S. Secretary of State, and  her infamous statement that the “price” was worth it.

And these are the people rising to the top in America.

Thu, 12/18/2014 - 13:15 | 5568782 noben
noben's picture

+1 to one of ZH's best and most consistent quality bloggers. 

A real closet writer of seemingly professional caliber.  Keep it up, until "Truth will out".

Thu, 12/18/2014 - 13:47 | 5568916 Volkodav
Volkodav's picture

Famines was in Russia Belarus, Kazakhstan also

search "Volga Famine" 

Marxist hated the Kulak farmer more than any

did not limit to Ukriane lands

Thu, 12/18/2014 - 13:10 | 5568699 noben
noben's picture

"Were Russia to accept the US-NATO diktat, its surrender would simply set the stage for further demands, whose ultimate outcome would be the actual breakup of the country."

Here is my humble take on things...

Situational Analysis:

The boa-like surrounding and constriction of the Bear has been obvious for decades -- for those with eyes that are willing to 'see'. This is just the Final Push before the Final Offensive. All assets and players being put in place, and all preemptive defensive measures against a conventional counter-attack have been building for years.

Given that it is now blatantly obvious that key global bankers (JPM, GS) are leading the Bankster charge, and that Tel Aviv is shaping and dictating US foreign policy, the Imperial aggression of the US Regime is obvious as it is odious.

Before the Bear is attacked, it is hunted and its grounds (Client states and allies) themselves preemptively weakened -- lest they too join Russia's oil cartel (Iraq, Libya, Venezuela) that might back a common currency with oil, much the same way as does the US.

Those ME countries and proxies groups that could pose a direct or retaliatory threat to Israel (Lebanon, Iraq, Syria, Gaza) have been dealt with first. They are now effectively incapacitated, and cannot counter with anything else but a "skirmish".

The EU has been 'neutralized' politically via the Ukraine operation. They will not object to the coming attack on Russia, and most are in fact willing participants -- given that they'll be the principal beneficiaries of its spoils, i.e. vast mineral and energy resources.

The Ukraine coup was just that: a CIA and State Dept planned, funded and back coup -- using proxy agents, dissidents, corrupt politicians (which one isn't over there?), opportunists and Ukrainian oligarchs "of questionable heritage".

The US is using a systematic passive-aggressive PR campaign, analogous to a jilted wife who is out for revenge: Anything other than full compliance with "US" terms (standing down and capitulation) is just plain "not good enough", as might be expected from relentless Globalists and their eternal Creeping Requirements. As soon as one set has been met, the chains get moved for a new "set of Downs". This will not stop until the US and its foreign masters have crossed the goal line. And any attempts to secure its immediate vicinity -- even in the form of material and technical support -- are seen as "reviving old dreams of the Soviet state".

The US, its Allies and crypto masters are working on China -- knowing that they can take on either Russia OR China, but not both at the same time. China is being played mostly psychologically, knowing that their instincts and habits (that go back thousands of years) will cause them to move "slowly and cautiously". So be it. This will be used against them, insofar their effort to help Russia will remain slow and inadequate -- until it is too late. Their own Oligarchs will be used to ensure that the Chinese response is slow, inadequate and "profitable" to the Oligarchs (e.g. getting plenty of key resources like energy and gold at rock bottom prices). And just to make sure that China keeps its gaze internally, the little side shows and probing attempts at fomenting civil unrest, are just the thing in their Divide & Conquer strategy.

In the final analysis, it comes down to this: Will China+Russia make a tectonic move in their currencies (leveraging energy and minerals as pricing markers), or will they allow the US+NATO to engulf, weaken and devour the Bear?

If Puting is not moving more proactively and consequently on the monetary and military front, it means that he is unable to do so. 'Unable', insofar he lack backing from his Chinese "partners" on their pace and scale.

Recommendations:

The US is bound to maintain its Boa offensive, until it can make the final kill -- that will be swift: a preemptive First Strike. Russia, by contrast cannot afford to do this, but has only limited options available:

1.     Military Option:

Preemptively make a lightning move to overwhelm the forces of the Ukraine junta, lest they use the new US advanced weapons and logistics.

If the US goes to tactical nukes, then Russia can and should retaliate with its own version – but use them asymmetrically: take out the real and hidden masters of US Foreign and Domestic policy – not in NY, as seems tempting, but in Tel Aviv itself and (to a lesser extent) in Riyadh. This is Russia’s real Sampson Option, before the final MAD option is used. IOW: If you hurt us where it hurts the most, we will respond in kind.

2.     Monetary Option:

a. Nationalize the CBR. Remove all liberal operatives from positions of power and influence, lest they compromise what follows. A clean purge, as it were, similarly to how the Pentagon ranks have been 'sanitized' to suit their political masters. This sets the stage for what comes next.

b. Back their New Rouble with Real Assets. Probably with Oil+Gas (Energy) and, say, 25-50% gold. The Chinese won't like being forced to do the same, because they are not yet ready to dump their Trillion+ in USTs, but by the time they are, Russia will have been "toast". China will just have to write off most of the USTs as "collateral damage". Though bananas, Beijing!

c. Use its own SWIFT (RIFT - Rapid International Financial Transfers), that other BRIICS and EM countries can use.  Japan falls first, and other bankrupt and aging dominoes follow... SWIFTly.

Bottom line:

The slow, steady Diplomacy is like the Boa's victim trying to talk down the Boa: It's pointless and delusional, because of their own case of Hopium. Unless Putin and Russia act decisively, fast and on a tectonic scale, they are both doomed and will become the Last Real Obstacle to their New World Order. A NWO that will include a "pet Dragon" -- a la "How to Tame a Dragon".

p.s. Sorry about the mini-thesis, but I felt obliged to provide an adequate situational analysis, conclusions and recommendations. While there is time.

 

Thu, 12/18/2014 - 13:55 | 5568957 Tao 4 the Show
Tao 4 the Show's picture

That's one layer of surface plot. There are deeper layers that few suspect. But true also that not many even see the surface story. The problem for the rest of us is that the possibility of any side "giving in" is almost nil, and the three major players all have enough nukes to create real problems. We are all at risk.

Thu, 12/18/2014 - 10:15 | 5567932 youngman
youngman's picture

Vlad still has the gas Valve for Europe....I still think he is going to use that pretty soon....

Thu, 12/18/2014 - 10:21 | 5567967 NotApplicable
NotApplicable's picture

Considering that that is one of the reasons for the latest sanctions, they might as well go ahead and squeeze back.

Thu, 12/18/2014 - 10:15 | 5567937 Seasmoke
Seasmoke's picture

Obama has 2 years left ...everyone wants 2 more years. .....Free Beer Tomorrow. 

Thu, 12/18/2014 - 10:18 | 5567947 NubianSundance
NubianSundance's picture

Seems like the calculation is to soak up the pain and wait for the house of cards to fall.

Thu, 12/18/2014 - 10:18 | 5567949 ekm1
ekm1's picture

WAR

Thu, 12/18/2014 - 10:59 | 5568160 GVB
GVB's picture

there's already a war..

Thu, 12/18/2014 - 13:47 | 5568857 noben
noben's picture

Full-Spectrum War - Checklist:

Checking it once, checking it twice... looking to see who's naughty or on ice

 

- Prepositioning the Economy, Finance, Military, and Alliances (Five Eyes, EU, NATO, ME).  Check.

- Putting Europe on the hook and monetarily reliant on the Fed.  Check.

- PR Warfare:  Non-stop and escalating (conventional and social) media campaign in West.  "Us Good, Russia/Them Bad".  Check.

- Political Warfare:  "Leadership Compliance/Change" mantra.   Escalating regime changes on enemy's allies.  Check.  China's leadership kept from doing anything "rash" (fast or massive).  Check.

- Economic Warfare: Escalating attack on economy and enemy's allies.  Thanks, Qatar, Saudis and GCC!  Collateral damage: Frackers.  China's leadership kept from doing anything "rash" (fast or massive).  Check.  Market manipulations and rigging.  Check.

- Monetary Warfare:  Attack on Gold as monetary unit.  Check.  Escalating attack on Currency.  Check.

- Hot War:  WIP, via Proxies (Ukraine).  Scalable mix (by type and location) as required.

Thu, 12/18/2014 - 18:50 | 5570455 Sirius Wonderblast
Sirius Wonderblast's picture

Funny how market manipulation is so bad when individuals or non-US banks do it, yet...

Thu, 12/18/2014 - 10:17 | 5567952 Jack's Raging B...
Jack's Raging Bile Duct's picture

I find the two year horizon to be quite disturbing. This estimation is appearing in more places than merely the oil trade. I think, more than ever, now is the time to dig in an prepare.

Thu, 12/18/2014 - 10:17 | 5567953 Panic Mode
Panic Mode's picture

3.5 hours!!?? and with Ukraine journalist??

I don't think Obama can handle for 3 minutes. maybe for Bloomberg retard level of journalists.

Thu, 12/18/2014 - 10:41 | 5568068 dexter_morgan
dexter_morgan's picture

the teleprompters would be smokin by 1.5 hours

Thu, 12/18/2014 - 10:19 | 5567957 chomu
chomu's picture

 “I don’t regret anything. I did everything absolutely correctly.”

 

Buhahahahaha..... what an fucking arrogant wanker..

Thu, 12/18/2014 - 10:40 | 5568063 dexter_morgan
dexter_morgan's picture

Yes, so UNLIKE any of our leadership in the west.

Fri, 12/19/2014 - 12:03 | 5572641 mkkby
mkkby's picture

Real men never regret their decisions, because they made them with the best information available AT THE TIME.

Only pussies regret their decsions.  Either because they were too weak to do what they knew had to be done.  Or because they were swayed by emotions.

Thu, 12/18/2014 - 10:18 | 5567959 SickDollar
SickDollar's picture

"{

Tells Russians Economy May Stay Weak For Two Years"

why up to 2 years ?? is it because of the election in 2016 ?

why 2? can some one telll why

 

Thu, 12/18/2014 - 10:47 | 5568104 mijev
mijev's picture

He meant to say a couple of years.

Thu, 12/18/2014 - 10:19 | 5567964 Infinite QE
Infinite QE's picture

Russia and China should give the zionists 48-hours to:

- Retreat from Ukraine

- Provide reparations for the current rape plus the rape during the 1917 period.

- Turn over the keys to all the global central banks to the countrys they reside in

 

If they fail to do so, Russia and China will unleash their nuclear arsenal against it.

Global reset in time for Christmas!

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