Now imagine Russia and China jointly investing in a new gold, oil and natural resource-backed monetary union as a crucial alternative to the failed debt “democracy” model pushed by the Masters of the Universe on Wall Street, the Western central bank cartel, and neoliberal politicians. They would be showing the Global South that financing prosperity and improved standards of living by saddling future generations with debt was never meant to work in the first place.
This is a chess game. The raid on the ruble was supposed to be a checkmate. It’s not. Not when deployed by amateur scrabble players. And don’t forget the Russia-China strategic partnership. The storm may be abating, but the match continues.
If the dangerous stand-off between the EU and Russia over Ukraine is not solved, the EU could face, up to 2030, a military build-up in eastern Europe; a new arms race with NATO as a protagonist; and a semi-permanent “zone of instability” from the Baltic to the Balkans and the Black Sea.
US neo-cons are also sharpening their spears. As soon as early 2015 there may be a Ukrainian Freedom Act approved by the US Congress. Translation: Ukraine as a “major US non-NATO ally” which means, in practice, a NATO annexation. Next step; more turbo-charged neo-con provocation of Russia.
Still assuming those NATO clowns would insist on playing war, Moscow has already made it very clear Russia would use their awesome arsenal of 5,000-plus tactical nuclear weapons – and whatever else it takes – to defend the nation against a NATO conventional attack. Moreover, a few thousand S-400 and S-500 systems are enough to block a US nuclear attack.
None of this hair-raising Apocalypse Now scenario is even taking into account the Russia-China alliance – the major, game-changing Eurasian story of the 2010s.
As Beijing dreams, Noam Chomsky has been very vocal about a 1914-style chain reaction of catastrophic blunders – by the West – that could fast spin out of control; and the stakes, once again, are nuclear.
Islamic State leader Caliph Ibrahim – aka Abu Bakr al-Baghdadi – never ceases to amaze us – and most of all his powerful petrodollar-stuffed backers. The Caliph is for all practical purposes now an oil major worth of membership of the Organization of the Petroleum Exporting Countries (OPEC). His takfiri/mercenary goons – in theory – have for some time been extracting, refining, shipping and/or smuggling and clinching juicy deals involving vast quantities of oil, reaping profits of roughly US$2 million a day.
The brave women of Kobani – where Syrian Kurds are desperately fighting ISIS/ISIL/Daesh – are about to be betrayed by the “international community”. These women warriors, apart from Caliph Ibrahim’s goons, are also fighting treacherous agendas by the US, Turkey and the administration of Iraqi Kurdistan. So what’s the real deal in Kobani?
The House of Saud believes it can dump a tsunami of oil in the market and back it up with a tsunami of spin – creating the illusion the Saudis control oil prices. They don’t. As much as this strategy will fail, Beijing is showing the way out; trading in other currencies stabilizes prices. The only losers, in the end, will be those who stick to trade in US dollars.
By Pepe Escobar (Asia Times | The Roving Eye) The Tomahawks are finally flying again – propelled by newspeak. 42 Tomahawks fired from a Sixth Fleet destroyer parked in Mare Nostrum, plus F-22s raising hell and Hellfires spouted by drones, that’s a neat mini-Shock and Awe to honor Caliph Ibrahim, aka Abu Bakr al -Baghdadi, self-declared leader of Islamic State. […]
