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IMF Says Europe Crisis Escalating, Needs External Assistance; Russia Will Use Proceeds From Sale Of US Treasurys To Help Europe
And so risk assets go to the OFF position following the latest statement from the IMF's Christine Lagarde, who until very recently was France's FinMin, and thus personally responsible for the current economic crunch:
- IMF'S LAGARDE SAYS EUROPE DEBT CRISIS `ESCALATING'
- IMF'S LAGARDE: CRISIS REQUIRES ACTION BY COUNTRIES OUTSIDE EU
Well, we know the UK is now out, courtesy of idiotic statements such as this one by Christina Noyer. So who will step up? Why Russia it seems.
- RUSSIA CONSIDERS PROVIDING UP TO $20B TO IMF, DVORKOVICH SAYS
Why's that? Because like China (more on that in an upcoming post), Russia just dumped US bonds for the 12th straight month and instead both Russia and China are now focusing on making Europe their vassal state. So now we know where the money is coming from - sales of US debt of course!
Source: TIC
Is the US quietly becoming increasingly isolated in global affairs?
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Ron Paul: Not an Isolationist but a Non-Interventionist
http://djia.tv/ron-paul/ron-paul-not-an-isolationist-but-a-non-intervent...
Well, Col. Putin's pledge has at least re-ignited the capital gain Cold War: the S&P is now only up 3, as of this writing, and sinking like a lead babushka in the Black Sea.
I will go ahead and throw in twenty dollars also. Twenty billion should last them about a day.
Pretty close Stoploss.
The ECB has a 20 billion Euro limit a week for EZ bond purchases.
Niet treasuries.
Euro elites say bail us out to extend and pretend or you're screwed. As if doubling down never makes it worse. If you keep your hopium in them, really, it's the only logical way to go with all the record shopping sales, great home deals, and don't you just love seeing all those green shoots?
Meet the eurozone's new sugar daddy: Vladimir Putin.
He will provide EU with sibirian pine dildo with self exploding load with orgasm sensitive sensors.
After the recent kicks of European leaders after the Russian elections I expect some gunpowder in the cigar!
America isolated herself when she took herself off the gold standard and decided to enjoy a free lunch at the worlds' expense through printing shitloads of money.
http://azizonomics.com/2011/10/23/gold-in-2012-the-coming-bond-crash/
that's subjective morality. the world wanted a piece of US education, products, ingenuity... and some begged Americans for protection.
every country in the world with a central bank has played the same stupid con game. i'm not shedding a tear for any foreigner who chokes on our fiat.
You no doubt also believe the consumers are to blame for the MBS crisis.
consumers are partially to blame for the MBS crisis, but that has nothing to do with whether or not foreign central banks issuing paper money are morally superior to the Fed.
Germany+Russia+China vs USA?
either Russia has some internal divisions working against each other, or, Putin is screwing with U.S. plans to engineer a euro collapse to prop up the U.S....
Russia wants to ensure the EZ has enough money to buy gas for the homes through the winter. They do not want to be stuck with all that gas if EU has no money. Self preservation is what this is about and a poke at the USA to go with it. They got a twofer.
The USD 20b is the bribe for Burroso & "Van who" for getting Russia in the WTO!
You betcha !
Germany+France+Italy+Spain+Switzerland+Russia+China+Iran vs USA+UK+Israel
Euro vs USD
America's days to live off the export of debt are over. The days of the reserve currency are coming to an end as well. The fact that so many nations need to trade in the currency of one nation (USD) is hurting them. It's blocking trade, it's blocking liquidity. Swap lines are the crack cocaine to the beaten down street hooker.
Some withdrawal will give the world a chance to shake the dependency.
Euro is over. China doesn't need it. Russia doesn't need it, the ME doesn't need it.
No need for the BRICS to directly punish the USD, as by design once the euro spirals into hyperinflation, the USD will soon follow.
All this is just talk so the BRICS can accumulate more real assets with which to pick up bargains in the eurozone/US/Canada/UK/Australia/Japan in the post-collapse blowout sale.
Frickin euro types should use their own frickin paper to paper over the frickin mess. Not Russia, not China, not US, not IMF, and no combination of them, is ever gonna print enough money to solve their debt problems. Either they print Euros, or they print Drachma, Lira, and Peseta. Whats it gonna be?
If they mess up in this little game of chicken we will end up with a full-on global collision with deflation.
Whoever hits the down arrow on your post is having a hard time accepting reality.
Sorry, double post.
Guess I deserve THOSE down arrows.
Thank goodness we can print our own money...
Until of course the rest of the world refuses to accept USD as payment. Then we be fucked.
It seems to me that the rest of world IS refusing to accept the USD as payments. Bond market first, capital and raw material goods next. The chart in this article implies that indeed the Fed is purchasing US debt, as China and Russia dump it. WEEEEEEEEEEEEEEEEEE!!!!!!!!!!!!!!
USD currency collapse coming soon
had to brush up on the Andrew Maguire interviews last night. the gold/silver price suppression scheme is the only thing holding up this house of cards.
http://kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/30_Andrew_Maguire_%26_Adrian_Douglass.html
I forgot he and his wife got hit by a car the day after he revealed JPM's price suppression techniques. The JP Morgue is a bitch
JPMorgue is totally mob. Oh, they wanna take silver delivery and we don't have it? Let's set up MFG with a bunch of bad derivatives trades, weasel all their (small player, mostly long) clients positions into those bad trades, bring down MFG and force those trades to unwind, JPM reaps the profit from that, plus MFG client positions are destroyed, even fucking clients "eligible" silver goes to the Morgue. And as an added bonus, anybody long on the COMEX with any intention of taking delivery, figures out they need to get their physical elsewhere, so more longs pull out of the COMEX bringing paper metal prices down even farther. Any rapper who likes to call themself a "thug" oughtta check out the Morgue and rethink it.
http://www.businessweek.com/news/2011-12-14/bernanke-tells-senators-fed-...
Yea right.
Funny thing is how much of the Russian sale of US debt comes full circle right back into US debt?
Likely leveraged at each step, too.
Even funnier that it's a drop in the bucket. $20B will do exactly nothing.
The good news is that all that (new) fiat will float to the surface of the exisiting sea of worthless fiat. Then again, most turds also float so..........
george not included in your fiat then
http://www.youtube.com/watch?v=76UADeMq-aY
Good, let interest rates go up.
Exactly. Let them go to where they should be, well and over 20%
Musical chairs. Whoever is caught holding US Treasuries when the music stops, loses.
So then that would be the vast majority of pensions and 401ks.
Bingo, bango, boingo. 401k holders tend to bitch at union pension (because of the math behind the ponzi), but fail to acknowledge their Mutual Fund holdings are nothing more than worthless Treasury IOUs.
Roll the tanks baby!!
Someone is buying it...
Exactly. Unfortunatley they seem to be from the Caymen Islands which does not exactly boost my confidence.
You noticed that as well...just like the TARP crap all over again.
No worries, the Excrement Pile Known as the Bernank will monetize everything and things will be fine. Move along, no story here.
http://vegasxau.blogspot.com
Why does Russia own any USTs?
...So they can dump them.
to put their iron fist around uncle sam's ballsack
all your sovereignty are belong to us
So they are going to fix a trillion+ Euro problem with 20 billion?
Right!
pods
Hey neighbour, your house is on fire... Let me make you a cup of coffee...
Clark W. Griswold: "So how much you need Eddie?" pulling out wallet.
Eddie: "Oh, about 52 thousand dollars."
pods
Een Soviet Russia, 20 beelion dollars leverages you!
Who bought these treasuries, the Bernak? Until either interest rates explde higher or inflation explodes higher ( I know it is high already) and takes down both the real and phony economy it seems this will go on.
No, no, no Bernanke's hands are clean. He just extends negative interest rate loans to Primary Dealers who bid up the treasury market and then they shuffle them back to the Bernanke for a nice 2-3 points spread. See?
if I offered you a bet where you could make a few billion but society would lose trillions, would you take it?
Leverage vi rehypothecation allowed wallstreet & banks to take that bet, and society is stuck owing trillions.
Now leaders are turning the ECB into a zombie bank, by allowing it to take questionable collateral from Euro banks, so they don't fire sale assets.
http://ftalphaville.ft.com/blog/2011/12/15/802381/let-there-be-credit-cl...
Now ECB (taxpayers) will be holding bank trash on their balance sheet. All your private trash belong to us.
shut it down.
Today's thesaurus entry comes from Dr. Ricahrd Head -
Theft - the act of stealing.
Synonyms:
TARP, ZIRP, QE, Operation Twist, Rehypothication, Repo 105, SPE's, CDS, MBS, TALF, Discount Window, EFSF, Term Auction Facility (TAF), Term Securities Lending Facility (TSLF), Primary Dealer Credit Facility (PDCF), COmmercial Paper Funding Facility, FX Swap Agreements, Term Asset-Backed Securities Lending Facility, on top of expanded types of "assets" the Fed can purchase.
And MF Global.
LMAO, $20 billion? Damn i'm taking out a loan and going all in on Euro banks as we speak.
Wait a minute, I thought Russia dump all it's US paper months ago...
Russia is keeping the Charmin, for their bugout bags.
It's perhaps rehypoticated US paper that they're selling?
NATO to be renamed Warsaw Pact shortly.
When did Poland have anything to do with it?
Wow! $20 billion should hold them over at least until lunch.
Let's all pass the hat, maybe we can keep Europe open until the end of the week.
I'll grab my spare change. At 10,00x leverage, my spare change will pay for their debt service for about .8 picoseconds. You're welcome, Europe.
20 billion? That should provide couple a day's worth of funding.
If you just looked at the size of the bars it would seem the holdings are down close to 90% but in reality they are down 50%, some1 is taking ques from the BLS
Looks like Putin's got 4 or 5 more dumps left to go (at $20 Bil apiece).
Look!
Up in the sky!
It's a bird!
It's a plane!
It's Helicopter Ben!
pretty frequently ZH has been posting articles of one country after another dumping their treasuries. Who is buying them? If it is the fed why has the balance sheet not expanded? If they are doing this off the balance sheet why has gold not climbed much higher. If the answer is manipulation and game playing whats to keep it from going on for a long long time.
What to keep it from going a long time, or all collapsing tomorrow? Whenever they have it planned to do so. No one ever sets up a game of musical chairs to go on forever, the music does stop.
What is the 'end game'? When the transfer of wealth is complete. Is it effectively complete right now? Yes!
Oh sure, they could print and bailout and pump some more....but what IS the point of that when already are great great great grandkids are already bankrupted?
Music stopping in 3....2....
Act II
The Great Killoff of the Human Project
Cayman Islands?
http://www.safehaven.com/article/2764/pirates-of-the-caribbean
http://www.safehaven.com/article/3098/pirates-reprise
"And the point is that with 250 billion dollars a year in illegal drug money moved, laundered through the American economy, that money benefits Wall Street. That's the point of having the prohibitive drug trade, which the CIA effectively manages for the benefit of Wall Street."
http://www.whale.to/b/ruppert1.html
So that old broad's got a "Risk On -- Risk Off", the Clapper?
Plus a Ch-ch-ch-chia
http://www.chia.com/index.php/licensed-chia-pet/chia-scooby-doo
Haircuts should be the expected outcome of such rapid growth.
And who bought the USTs from Russia and China? The Fed?
At least a 50/50 chance they did, eh?
Don't forget the energy connection: Russia supplies 40% give or take of Europe's oil, and the bulk of Europe's natural gas. Russia needs $100/ barrel in order to 'profit' from its energy trade, both for oil-field reasons and for the ongoing 'success' of the current Russian government.
Already widespread discontent with Russian government, Russian society is trapped in amber with little hope of improvement for the lot who are not well-connected mafiosi.
At issue is the price level required by ALL producers to bring new oil in quantity to the marketplace. This is likely to be $80-90 per barrel or higher! Where is the profit for producers at this level? Credit stripping in the West is proving to have greater effect on the price of crude oil than saber rattling on the part of Iran or loss of production in Libya. The implication is that cutting production will not effect the price as it has in the past. Unless the producers extend credit on their own accounts will be less credit available to push the bid.
It goes without saying that Russia or any other petro-state lending to deacbeat Europe is both circular and counterproductive within any conceivable term. The alternative is for Russia to carry on buying more German cars with its oil residuals and use all of its oil itself.
That's tough when Moscow has less appeal to any Russian with means than London.
One of the top news stories this morning on NHK (Japanese) news addressed the US Govt vote next week regarding sanctions on Iran. The report stated that Iran supplies Japan with 10% of its oil and how US sanctions would prevent Japan from buying oil from Iran because all oil must be purchased with dollars. It went on to say those dollars would not be made available to purchase Iranian oil by the US central bank as long as the sanctions are in place. The report stated that this puts Japan in a difficult situation and that it will put additional upward pressure on the price of oil. Why does this remind me of an elephant in a china shop? My guess is that if the sanctions are approved then countries will find another way around it. Japan could certainly sell some of its UST's, just as Russia is doing. Another rhetorical question...why is this not reported on by the MSM?
MSM too stupid. Aimed at those with a 10th grade American education. Heard today that we are at the threshold of our economy turning aroudn because only 360,000 new unemployment claims. Not a word about the contraction of the gross number of employed or any hint that this number might be, like most monhts, revised upward in a couple of weeks. No word on the fact that we need 150,000 per month just to maintain status quo and instead we seems to be losing twice that many.
I'm not saying there's a direct relationship, but a similar thing happened 70 years ago. The US never banned Japan from buying oil except to freeze their gold trading accounts in NY. They essentially sanctioned the oil trading nations (N.E.I and Mexico mostly) after banning US export to Japan. Well, we no longer export anything and now we're sanctioning their trading partners. If Japan has to pay extra to get it from a non-Iranian source, you can bet they will finance with the bonds of the sanctioning nation. That alone should give the US pause.
Treasuries have been good to all these assholes with rates hitting record lows. They are going to find out what losing 50% of your money feels like.
WE'RE SAVED!!!!!!!!!!!!!!!
20 BILLION!!!!!
that should help us through to tomorrow.....
(Morning)
Right! Let's go get drunk and grab some hookers!
Good luck on owing money to THAT mafia.....
Teddy KGB: If you don't have my money then you are mine
Beware of Russians bearing gifts.
This makes a lot of sence actually.
Russia sells US bonds -> USD index goes down (barely noticeable but still) -> Russia buys Euro's -> EUR/USD goes up (also barely noticable but still helpful).
Considering that the EUR/USD is about 80% correlated to European/American equities it should also help get those stocks up as a plus.
Not sure what benefits Russia will gain from this though.
They keep their energy customers for a bit longer.
And with the U.S. creating a vacuum in Europe the Russians are in competition with Islam as to who will be the new master of Europe. Europe is too helpless both materially and in terms of their emasculated culture to even think of defending their lives against those more determined to seize their assets and people. Russia and Islam are the major competitors to become European overlords. Islam is already half way there by infiltration.
clark that is idiotic. almost hysterical.
As we've learned in some previous cold winters when the valve was temporarily closed off, Russia exports natural gas to Europe through a big pipeline.
Russia's gas exports are vitally dependent on Europe's ability to pay in a negotiable currency.
So Russia has a very pressing reason to be more concerned with Europe's liquidity than America's.
They've got some gold, right?
$20 Billion??? Hahahaha! What a peanut to help Europe!
Being rescued by Putin...."Just isn't your day mam."
Stupid Russians missed the great bull run in UST this year. They bought gold with the proceeds... Hey, wait a minute!
I think you might have that backwards, they have been selling into strength and are now unloading at the peak. They and the Chinese are about to sell UST's at the top, quickly run to the other side of the boat and start buying Euro sovereigns at their bottom.
Better Russia than us (US).
Ahhahahahahahhahhahahahahhahahahahahhahah...
is this lagarde's attempt at blackmail?
Hey, Russia can get Corzine as it's financial investment advisor. I hear he's available and it'll be a "Two-Fer" for us. 1) Get him outa here, and 2) He'll also financially take down Russia. He can go from puke to patriot in nothing flat!
Bernake would be nobody in Odessa..
"Is the US quietly becoming increasingly isolated in global affairs?"
That's always been the end-game. The USofA becomes isolated, insular, and an outright police state. North Korea, only with dumber people.
Why do you think they want you to accept harsher border controls, and even border fences? Because some "terrorists" might get into the country?
Have you never thought that they see YOU and I as the real terrorists, and want YOU and I to stay IN the country? With NO CHANCE of getting out?
No no. That can't happen. Not here. (Says the Average Amerikkkan with head firmly planted in ground or up ass.)
As evidenced recently on these very pages, some of the cracker population don't need any fencing: they are already lagered in tight against anybody n everybody what don't look/act/talk xactly like them....and everything outsida Osceola County is apparently in their kill zone.
There has never been a more critical time in the history of the Republic to be building bridges to the outside (rest of the the world)now that the ZOG traitorship in control of DC considers Guantanamo to be the only offshore locale a dutiful serf needs aspire to.
Reading the crap coming out of the keyboards of certain reality challenged commentators here, you'd get the impression that hoarding monster boxes lead to a freezing up of the synapses concerned with survival instinct. Any PM person with a Serious interest in making it through the coming dark days should be able to read the writing on the wall - taking back America will be a long and arduous process that will require the help and abilities of freedom loving folks from across the globe.
Next time some substance abuser runs off at the mouth here about total military superiority and how everybody else is a third worlder, it's rather incumbent on the part of the more thoughtful of the congregation to remember that that is just talking Obombers' book...Fema camps and military supremacism go hand in hand. America is already getting enough bad press througout the world from it's limitless drone and AlCia-eda operations...it really doesn't need any more redneck suicide bomber volunteers for engineering the next Made in Amerika mas-cal event. Cheney&Obomber Ltd. have that territory covered sufficiently thanks.
Remember when AIG needed 40 billion in overnight funding to stay afloat. 20 billion for Europe mhwahahaha.
Is dumping treasuries an act of war?
No fly zone over Russia imminent to prevent big humanitarian crisis.
20B levered 100X should be enough! so, did the SDR printer break down? well, did it bitch?
Fortress America.
Putin's "New Russia" cut a deal with Germany to support the euro as a reserve currency in order to undermine the dollar's reserve status. The unprecedented structure of the Fed 90 day swap lines instituted by the German dominated ECB 2 weeks ago essentially "dollarized" the euro. Russia lost $10 B of upside currency appreciation and captured $10 B in mark to market losses. The dollar is back as the world's only reserve currency. This is a great triumph for America!
US Dollar world reserve currency backed up by $15 trillion in debt.
EU should seek a consensus with Russia, China and others that the time has come to use SDRs as world reserve currency.
Sad but Putin looks after Russia's interest.Our oligarcy does not.
Selling their portfolio of bonds on a bankrupt soverign to buy a portfolio of bonds on a bankrupt soverign(s). Winning!
that is why some pseudo spring protests in winter were engineered in Russia recently ?
Well, if the Russkis are putting the money into the IMF, then they're still putting it into American hands, French figurehead or not. So the US doesn't have to feel TOO alone and neglected...
That's nice. The debt crisis is coming to the United States. It must be that I'm in the U. S. and was too close to see it. The solution to the world's problem is to dump U. S. treasuries. Brilliant. (sarcasm free of charge)
http://georgesblogforum.wordpress.com/2011/11/02/the-daily-climb-2/
yes Russians are very Russian....ours is a Kenyon world ruler first......but I bet Putin asks for gold as a guarantee first...he may be an ex KGB..but hes not dumb
The Information in the Article is VERY GOOD NEWS ..for EUROPE
because we have been CHEATED and LIED TO . by a FRAUDULENT US .. since the Second World War
and ENOUGH is ENOUGH !
Europes INTEREST lies NOT over the Atlantic .. it NEVER DID !
it lies EASTWARD .. with RUSSIA and CHINA ... with the EURASIAN CONTINENT
OF COURSE !
There won't be any more lying and cheating when Russia or China take over, that's a relief! I'm sure the new landlords will subsidize Europe's continued adolescence and never chide when Europe chews the new hand feeding them. A brave new future for world citizens. (sarc)
Both of you are somewhat right. I think the alliance between the western democracies is still the most natural and convenient. it has to be on different terms though. not some sort of vasalage but a real partnership. in the long term the alliance between a US who has lost his status of only superpower (it's happening now. the geopolitical dislocation is here. and Iranian adventures will not prevent that, it would actually make things worse and quicker) and a further integratd EU who got past the adolescent phase could (re)form a "democratic" block who could still lead the world.
a severe beating of financial felons in the western world is essential for that to be a healthy reset/restart.
Absofuckin'lutely!
And what about the part of this article that says UK is not coming to EU's rescue(poor us).
Was that some sort of internal ZH joke or something?
UK coming to rescue EU?!?!
Hahahahaha
It was only a matter of Time that the plug would be pulled and the plastic ships and rubber duckies would find themselves no longer afloat in the draining tub.
“Should the Fed and central banks worldwide continue with their current practices of excessive credit creation, the rising tide may float all boats and ducks. That is, unless of course, someone (foreign) decides to pull the plug (unloading of US paper) on the bath water, or we experience the unforeseen, unknown accident awaiting in the winds, such as a potential currency or derivatives debacle."- GTA Report December 2006
U see... the USA needs 300 BILLION US DOLLAR ... every MONTH ... by now.. to stay afloat
THE US NEEDS .... ALL CAPITAL IN THE WORLD !
and there apparantly are no MEANS TOO TREACHEROUS or TOO DECEITFUL to achieve ACCESS to that CAPITAL without which the US is BANCRUPT on THE SPOT
ALL INTELLIGENT PEOPLE IN EUROPE ARE TIRED OF THE TREACHEROUS US AS IT CLEARLY HAS SHOWN ITSELF TO BE ..FOR ANYONE WHO CAN READ AND THINK
FUCK YOU ..I SAY !
xopocow! Or, the anglicized version, horrorshow!
As we all knwo money or currency is simply a matter of trust. PM are best because no counterparty risk. Fiat currencies are worst because of permament market manipulation by the issuers.
Russian banks prefer clearly gold. They have bought most of the present and future production of the Russian mines for years to come. The gold is used to pay back for loans invested in the mines.
Then they have a choice. Dollar or Euro.
Dollar we know all the downsides. There is nothing to add from my side.
The Euro has also its downsides but ithe Euro is of greater importantance than the Dollar for Russias econmony. There are much more Euros circulating among the population than Dollars. Savings are mostly held in Euros because of its stable purchasing power when compared to the Rouble. This accounts also for all other East European countries. The savings are mostly in Euros. Dollars are changed to Euros as fast as possible.
On the other side, this is now a wonderful opportunity to get rid of Dollars. It is not for the purpose to weaken the US , no its only to stabilze the Euro one can hear the Russians argue.
And what is important is the trust. The Euro is trusted by Russia and China for the following reasons:
Europe is at least trying to stabilze its currency. This is much more as one can say from the Dollar.
Not to mention the fact that China and Russia want to break the Dollar hegemony as the worlds currency. This does not mean that they want to replace the Dollar with the Euro, not at alll. But it should be clear, to kill the Dollar there has to be an alternative at least for the time till a new system is in sight. Without the existence of the Euro it is impossible to break the Dollar dominance. This is a fact. So the Euro has strong friends besides the 17 Euroland countries. The supporters are: Whole Europe except UK, Russia, China, Brasil, South Africa, Iran, Turkey, India. So this is the currency war front dividing even Nato.
Under economical aspects everything is clear but under military aspects everything is unclear. Nato countries are making front against the US in a matter which is the very base of US wolrd dominance. How does this end. Nobody knows.
If the Us would have a realistic leadership they would recognize that war is not a solution at all. Small wars do not help much because its bleeding out the US economy over the long run and big wars can not be won anymore because of the nuclear overkill etc. The US is trying to force Europe on its side but Europe is fighting back because to follow the orders from the US would mean to go down together with the US and to be forever unfree and suppressed by the US. This is the reality which needs to have wise men and women at the power on all sides of the game. If not it will end in a catastrophy.
fed buying from Russia and russia takes funds and lends to IMF - Guess Fed is lending to europe after all.
Sure looks like the currency war is proceeding nicely against US interests. The 4 horsemen have finished their card game and are cashing in their chips and ready to ride out for the next phase. We are screwed, blued and tatooed.
I think there is a much larger game plan being implemented slow step by step. It began with the construction of the EU. The EU and old USSR are to merge.
One of the greatest myths of contemporary history is that the Bolshevik Revolution in Russia was a popular uprising of the downtrodden masses against the hated ruling class of the Tsars. As we shall see, however, the planning, the leadership and especially the financing came entirely from outside Russia, mostly from financiers in Germany, Britain and the United States. Furthermore we shall see, that the Rothschild Formula played a major role in shaping these events.Who financed Lenin and Trotsky?
Top Secret Gorbachev Files Unveil Globalist Agenda « Truth11 Perestroika or the dismantling of the Soviet command economy and “democratization” took place in 1988-1991. The fall of the Berlin Wall and reunification if Germany took place in 1989-90. The Maastricht Treaty of 1992 established the Euro. We can now see that these events were all orchestrated by the Illuminati to integrate East and West. They were designed to advance the EUSSR and eventual Communist-Capitalist (Illuminati) world government dictatorship. And
We are not going to stop there [Customs Union] and are setting an ambitious goal -- to achieve an even higher integration level in the Eurasian Union. Membership in the Eurasian Union, apart from direct economic benefits, will enable its members [including Russia and ex-Soviet repubilcs] to integrate into Europe faster and from a much stronger position.
-- Russian Prime Minister Vladimir Putin, statement made in Izvestia, October 4, 2011
.
I do not buy your theory about illuminaty. In my opinion in the past century there were ever changing coalitions simply with the goal not to go under or to win wars and influence. There are many things which are untold. For example it is a fact, that in time between WWI and WW2 Poland attacked the Soviet Union and captured a huge chunk of land in what is nowadays White Russia Russia I think.
But this was then and this is now. I remember Putin saying in TV maybe a year ago, that Russia would like to join the Euro. That is a fact. He said that. This was of course downplayed here in the West because this simple fact would end the Dollars rule at once, because from then on there would be prices established for all raw materials, oil and gaz in Euros. This is all it needs to kill the Dollar but of course nobody in the Euroland picked this up and promoted it. Simply because big brother US would have taken the big stick out of the bag.
Could it be that Dvorkovich’s statement is just a political statement? Is Russia using the money yet to fund Europe? No. Putin’s party is trying to pull its coalition together…these are calming statements to maintain control in the Duma, implying work with Western governments, IMO. (Protesters in Russia want greater transparency in government, party and media.)
It reminds me of the Chinese statements that they are going to bail out Southern Europe…and then later – “We guess not.” They’re political statements.
I’m getting really suspicious of all kinds of statements rather than actions. You just have to ask yourself, would Russia be better or worse off if the euro zone controlled by the international bankers broke up (btw, NATO is strengthened by the euro zone)?
Call them by any name, some prefer to Illuminati angel investors. Others, Monopolists. Still, the evidence is tightly knit control from the top down.Hercolano: The Large Families that rule the world
Aaahhh....
"BRUSSELS - The European Union and Russia have agreed to travel visa-free as possible. They did so on the 28th EU-Russia summit Thursday in Brussels with European President Herman Van Rompuy, the President of the European Commission, Jose Manuel Barroso and Russian President Dmitry Medvedev."
(Dutch alert)
http://www.telegraaf.nl/buitenland/11127944/___Geen_visum_Rusland___.htm...
What better way is there to break the necks of the Rothschilds, the Rockefellers, the Warburgs, the Morgans etc?
Neither Russia nor China are in their backpockets.
America has a chance to get rid of the vermin if the rest of the world refuses to accept THEIR paper.
No wonder Bernanke the poodle of said families was on the hill yesterday. No wonder the Senators are coming out with messages in dribs and drabs and saying they won't assist Europe. No wonder the UK, the ultimate banking shill for these vermin families is sweating bullets.
When you least expected it, when you thought the US was coming out on top again... then you wake up one morning and realize that all this time the so called allies have been building an allegiance behind America's back and plan to destroy America and the American Dollar imperialism!
This is good news for Joe Sixpack.
There was no plan but many, many small developments especially in Germany which lead to the situation as it is now.
The economic ties between Russia are deep for many reasons. One reason is mostly unknown in other countries. There are many, many persons in Germany fluently speaking Russian. Not only in former East Germany where Russian language was mandatory in school just like English in the West. Chancelor Merkel is a perfect example. Itsnot known when she speaks with Putin whether they speak German or Russian.
In addition during the last 20 years in Germany several million Russian Germans settled down (most in former West Germany). They came from Sibiria and were already Russians one can say. Only the older generation spoke still an ancient German. In some places in Germany there are now areas where there are Russian supermarkets with all kind of Russian food and the people in the shop speak Russian.
So there is a reservoir of people which is essential for building economic ties. German companies opening office in Russia do not have problems to find bilingual employees. There is even an initiative from the Russia state. Russian Germans now living in Germany is offered to come back to Russia, while all costs are paid and a good paid job is offered. They even can buy an appartment at very favorable terms.
Simply said the Russians and Germans are friends nowadays. There are many marriages.
But that does not mean that Germany forgets his old friends the American people. Why should they. There are so many familiy relations between Germany and the USA dating back centuries. And it is not forgotten in Germany, that the US people have sent millions of Care parcels to Germany when the need was greatest. A very huge number of German children stayed alive due to this parcels. And these people are still alive in Germany and they are telling the story.
there isn't a whit's bit of difference between christine legarde and paris hilton...
on the other hand, that the engineered financial crisis is the segue to a reconfigured geo-political matrix where china and russia show cleavage between the usa and europe is surely a tectonic shift in reality.....jim willie has covered this angle on numerous occasions....
the addle brained usa politicians will soon find out that life without crack is harsh reality....selling out to mammon isn't all that it is cracked up to be....and the rockefeller-mic-yale-cia tyrant is a harsh task master....
Bernankle loves US treasuries. Russia must be mad to miss the chance to replace ugly paper with shiny gold and silver.
They should start buying silver until the GSR reaches 1:10, and than keep buying both of them until they get rid of the paper, no matter what the picture looks like.
When perusing the comments .. it gladdens my heart ... to discover ...
that when US ELITES THINK they can continue their FRAUDULENT RIP OF of the World
INCLUDING their OWN NORMAL CITICENS .. there are MANY .. also in the US ....
who have MORE POLITICAL SENSE OF CONSEQUENCES ..
than this CORRUPT US ELITE apparantly is able to see
even when the Consequences are sticking up ... like a RED HOT GLOWING IRONS
But ..You see ... LOW CLASS SHIT ... always has just been that ... LOW CLASS SHIT !
"Well, we know the UK is now out, courtesy of idiotic statements such as this one by Christina Noyer."
TD - are you calling Noyer a whiny bitch LOL!
"And maybe she’s an uppity, better-than-everyone super skank."
http://www.500daysofsummerquotes.com/45
Europe S.O.S.
The Russians are going to save Europe?
AM I TAKING CRAZY PILLS?!?!?!?!?!?!?!?!?!?!?