Couldn't have happened to a nicer currency

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  • Gerarddm
    #RESIST
    • Feb 2010
    • 32453

    Couldn't have happened to a nicer currency

    Winfield Scott's Anaconda strategy, brought up to date and financialized:


    Gerard>
    Albuquerque, NM

    Next election, vote against EVERY Republican, for EVERY office, at EVERY level. Be patriotic, save the country.
  • johnw
    Senior Member
    • Nov 2001
    • 28589

    #2
    Re: Couldn't have happened to a nicer currency

    Well, it worked then...
    On the trailing edge of technology.

    https://www.amazon.com/Outlaw-John-L.../dp/B07LC6Y934

    http://www.scribd.com/johnmwatkins/documents

    http://booksellersvsbestsellers.blogspot.com/

    Comment

    • John of Phoenix
      Senior Member
      • Jun 2001
      • 31214

      #3
      Re: Couldn't have happened to a nicer currency

      They sent a tank battalion and several artillery batteries across the Ukraine border today. Sounds like Vlad is pretty desperate. Oil is still falling and the ruble with it.

      Ukraine's President, Petro Poroshenko, has said that his nation’s conflict with Russia was “escalating” after a column of 32 tanks, 30 lorries and 16 heavy artillery pieces was reported to have entered the separatist-controlled eastern region of Luhansk.
      http://www.independent.co.uk/news/world/europe/ukraine-crisis-russian-tanks-threaten-fragile-ceasefire-says-president-poroshenko-9847810.html

      Comment

      • Nicholas Scheuer
        Senior Member
        • Aug 2006
        • 13579

        #4
        Re: Couldn't have happened to a nicer currency

        Agree with OP. Russia deserves any problem caused by Putrid, err, I mean Putin.

        Comment

        • Flying Orca
          Ruth, feck, and gorm
          • Jan 2007
          • 21319

          #5
          Re: Couldn't have happened to a nicer currency

          Putin's greatest vulnerability is the Russian people. Petrodollars are great at propping up strongmen, but when the bottom drops out, the people tend to react.

          What are you doing about it?



          Comment

          • John of Phoenix
            Senior Member
            • Jun 2001
            • 31214

            #6
            Re: Couldn't have happened to a nicer currency

            Originally posted by Flying Orca
            Putin's greatest vulnerability is the Russian people. Petrodollars are great at propping up strongmen, but when the bottom drops out, the people tend to react.
            And this is Goering 101-

            "...the people can always be brought to the bidding of the leaders.
            That is easy. All you have to do is tell them they are being attacked,
            and denounce the peacemakers for lack of patriotism and exposing the
            country to danger. It works the same in any country."

            Comment

            • Duncan Gibbs
              Ninety percent sandpaper
              • Oct 2007
              • 18339

              #7
              Re: Couldn't have happened to a nicer currency

              It's a big call, but I predict Putin will be gone sooner rather than later. The only way he can stay is to remove all conditions that have brought about the ever increasing sanctions and hope that the oil price picks up again. Gas is his one saviour right now. If that goes down in price he'll be gone even sooner. Everything he's doing is costing Russia income, stable trading conditions, credit and credibility.

              Putin took over Crimea not because of the Russian speaking population, but because of that region's huge offshore reserves. But now he can't develop that resource because he doesn't have the money or technical resources, and he's left saddled with a territory that had markets in Europe, along with much easier physical access to Russian markets, had access to infrastructure and utilities in Ukraine (water and electricity) and will cost Russia about $14 billion to properly integrate into Russia.

              Popularity can only last so long. Cash talks and BS walks!

              The latest outrage, I literally just heard on the radio, is that Eastern Ukrainian rebels are claiming that bodies on the MH17 site are actually combatants and not passengers or crew from the doomed flight suggesting that there will be further delays in repatriating the remains of loved ones.
              Jarndyce and Jarndyce

              The Mighty Pippin
              Mirror 30141
              Looe
              Dragon KA93

              Comment

              • johnw
                Senior Member
                • Nov 2001
                • 28589

                #8
                Re: Couldn't have happened to a nicer currency

                Originally posted by John of Phoenix
                They sent a tank battalion and several artillery batteries across the Ukraine border today. Sounds like Vlad is pretty desperate. Oil is still falling and the ruble with it.

                Ukraine's President, Petro Poroshenko, has said that his nation’s conflict with Russia was “escalating” after a column of 32 tanks, 30 lorries and 16 heavy artillery pieces was reported to have entered the separatist-controlled eastern region of Luhansk.
                http://www.independent.co.uk/news/world/europe/ukraine-crisis-russian-tanks-threaten-fragile-ceasefire-says-president-poroshenko-9847810.html
                Time to wag the dog.
                On the trailing edge of technology.

                https://www.amazon.com/Outlaw-John-L.../dp/B07LC6Y934

                http://www.scribd.com/johnmwatkins/documents

                http://booksellersvsbestsellers.blogspot.com/

                Comment

                • Durnik
                  Out 'n About
                  • Feb 2011
                  • 11534

                  #9
                  Re: Couldn't have happened to a nicer currency

                  It works the same in any country."
                  See, esp: the U.S. in 2001.

                  enjoy
                  bobby

                  Comment

                  • skuthorp
                    Senior Member
                    • Jan 2002
                    • 73600

                    #10
                    Re: Couldn't have happened to a nicer currency
                    "...the people can always be brought to the bidding of the leaders.
                    That is easy. All you have to do is tell them they are being attacked,
                    and denounce the peacemakers for lack of patriotism and exposing the
                    country to danger. It works the same in any country."

                    Sounds familiar here as well.

                    But I wouldn't be too quick to back Putin into a corner if I were you, he has a lot of tank battalions and if the Rouble collapses only a short time to attempt to save himself. A dangerous situation for the old buffer states and NATO.

                    Comment

                    • johnw
                      Senior Member
                      • Nov 2001
                      • 28589

                      #11
                      Re: Couldn't have happened to a nicer currency

                      Originally posted by skuthorp
                      "...the people can always be brought to the bidding of the leaders.
                      That is easy. All you have to do is tell them they are being attacked,
                      and denounce the peacemakers for lack of patriotism and exposing the
                      country to danger. It works the same in any country."

                      Sounds familiar here as well.

                      But I wouldn't be too quick to back Putin into a corner if I were you, he has a lot of tank battalions and if the Rouble collapses only a short time to attempt to save himself. A dangerous situation for the old buffer states and NATO.
                      And, he's got nukes. Lovely.
                      On the trailing edge of technology.

                      https://www.amazon.com/Outlaw-John-L.../dp/B07LC6Y934

                      http://www.scribd.com/johnmwatkins/documents

                      http://booksellersvsbestsellers.blogspot.com/

                      Comment

                      • Duncan Gibbs
                        Ninety percent sandpaper
                        • Oct 2007
                        • 18339

                        #12
                        Re: Couldn't have happened to a nicer currency

                        Originally posted by skuthorp
                        But I wouldn't be too quick to back Putin into a corner if I were you, he has a lot of tank battalions and if the Rouble collapses only a short time to attempt to save himself. A dangerous situation for the old buffer states and NATO.
                        Originally posted by johnw
                        And, he's got nukes. Lovely.
                        He has nothing if the military and oligarchs decide they don't want him to have anything.

                        I doubt that Russia is quite as unified as appearances suggest.

                        There is always power behind power.
                        Jarndyce and Jarndyce

                        The Mighty Pippin
                        Mirror 30141
                        Looe
                        Dragon KA93

                        Comment

                        • Dave Gray
                          Senior Member
                          • Jan 2003
                          • 3809

                          #13
                          Re: Couldn't have happened to a nicer currency

                          I heard an interesting interview not so long ago, not sure who was talking (NPR?), about how the Saudis flooding the market with oil caused the Soviet economic collapse back in the 80's. And here I thought Reagan had bankrupted them through military spending and Afghanistan.... The point was that the Saudis are doing the same thing now in an effort to keep market share, and perhaps in collusion with the west.

                          Comment

                          • slug
                            Banned
                            • Dec 2012
                            • 8131

                            #14
                            Re: Couldn't have happened to a nicer currency

                            Originally posted by Dave Gray
                            I heard an interesting interview not so long ago, not sure who was talking (NPR?), about how the Saudis flooding the market with oil caused the Soviet economic collapse back in the 80's. And here I thought Reagan had bankrupted them through military spending and Afghanistan.... The point was that the Saudis are doing the same thing now in an effort to keep market share, and perhaps in collusion with the west.
                            oil price is the cause of the ruble collapse.

                            All oil producing countries will be affected. In the US , fracking , deep water oil and other expensive extraction might become unprofitable.

                            . Venezuala and Mexico will be hurt. Watch for instability south of the border.

                            Comment

                            • Duncan Gibbs
                              Ninety percent sandpaper
                              • Oct 2007
                              • 18339

                              #15
                              Re: Couldn't have happened to a nicer currency

                              Originally posted by slug
                              oil price is the cause of the ruble collapse.
                              That and a highly unstable investment environment. Business wants certainty to reduce risk. Russia presents too much of a risk. Western banks have all stopped lending, and there is high inflation at over 8%, and interest at 9.5%. To compare Australia's CPI/interest is 2.3%/2.5% and the US is at 1.7%/0.25%.

                              The picture is of a country running out of money on four fronts, at a medium pace, compared with the ROTW: Capital flight, low export prices, higher prices at home, and higher costs of finance. Putin is in power care of his own self delusion and the money of the oligarchs. As soon as a critical mass of the money withdraws support for Putin he'll be gone. He's not indispensable and he already "has" a successor, who appears more statesman-like than Putin. The idiocy we're seeing from Russia now will only make things worse. Maybe the Saudi's sense a time of vulnerability for Russia right now and are striking with the tools available.
                              Jarndyce and Jarndyce

                              The Mighty Pippin
                              Mirror 30141
                              Looe
                              Dragon KA93

                              Comment

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