Russia has just dropped another bombshell, announcing not only the de-coupling of its trade from the dollar, but also that its hydrocarbon trade will in the future be carried out in rubles and local currencies of its trading partners – no longer in dollars
Obama’s change of mind had its origins at Porton Down, the defence laboratory in Wiltshire. British intelligence had obtained a sample of the sarin used in the 21 August attack and analysis demonstrated that the gas used didn’t match the batches known to exist in the Syrian army’s chemical weapons arsenal. The message that the case against Syria wouldn’t hold up was quickly relayed to the US joint chiefs of staff.
The sobering fact for many Americans is that the world would be a better, far more peaceful place if only their government spent more time and resources tending to their own country’s onerous social needs. Needless to say, America would be a far better place too for its citizens.
But this eminently reasonable outcome won’t happen under present circumstances because US governance relies on imperialist conflict-making abroad.
It’s hardly a match between equals – as one is playing Monopoly while the other plays chess. It’s as if Russian Foreign Minister Sergei Lavrov has been postponing his checkmate, while US Secretary of State John Kerry increasingly realizes he’s facing the inevitable.
We have absolutely no intentions of crossing Ukrainian borders. This is not in our interests. We simply want everybody to work together; we want the violence to stop and we want the Western countries who are trying to sweep under the rug those cases of violence and to portray the situation in Ukraine in a positive light to realize they need to bear the responsibility.
After lecturing Europeans in The Hague and Brussels over ‘evil’ Russian designs, and parading in Rome like a New Caesar, Obama finishes his triumphal tour exactly at his Saudi satrapy. We should all get ready for a nasty box of chocolates ahead.
What could California do with $155 billion in interest-free credit? One possibility would be to refinance its ominous “wall of debt” at 0%. A debt that is interest-free can be rolled over indefinitely without cost to the taxpayers.
Another possibility would be to fund public projects interest-free. Eliminating interest has been shown to reduce the cost of public projects by 35% or more.
On the off-chance you have not been paying attention for the last couple of weeks, the US State Department, led by Assistant Secretary of State Victoria Nuland, embarked on and succeeded in an overthrow of the legitimately elected government in Ukraine.
When US President Barack Obama opened his tour of Europe this week it had the unmistakable choreography of a scripted set piece: lights, camera, action etc. The storyline is a familiar trope. America, the shining beacon of democracy and human rights, comes to the rescue of European damsels in distress just before they are ravaged by bestial European recidivism for war.
Moscow does not have to “annex” or “invade” anything; it just needs to sit back, relax and watch the West manage its self-created mess. Apart from fiery NATO rhetoric and that only slightly relevant signing in Brussels last Friday, there are few indications so far the “lost in its own pivots” US and a beleaguered EU have the ability, the willingness and the necessary commitment to support the Kiev regime changers all the way.
Global government debt has reached over one hundred trillion dollars. But where has all of that money really gone?
There will be no economic recovery. Prepare yourself accordingly.
Well over 60% of Americans and Europeans are against a New Cold War against Russia. Putin’s approval rating in Russia is around 75% – and arguably similar all across the developing world. Still, no one will lose money betting on the juvenile amateurism of the Obama administration.
