Posted on 05/07/2014 11:02:32 AM PDT by Rusty0604
Financial newsletter writer, Dr. Jim Willie, thinks the Ukraine crisis is more of a financial war than a shooting war. Dr. Willie says, “A couple of months ago, I said, ‘Give it time and the whole nation would sink,’ and the Putin strategy would be to create a standoff militarily, maybe some skirmishes, but let the nation sink. It’s been raided of its gold and raided of its official government funds; and, now, the energy companies are in there doing fracking. I think what is happening now is we are starting to see the breakdown.”
Dr. Willie, who holds a PhD in statistics, says there is a new $17 billion IMF loan going to the Ukraine over the next two years. Reportedly, Ukraine is buying physical gold with some of that money. It also owes Russia money.
Dr. Willie goes on to say, “This is just chaos. What is Kiev doing buying 40 tons of gold after the U.S. just stole their 33 tons?”
Dr. Willie says big news on the progress of convertibility of the Chinese yuan is being ignored by the mainstream media.You have Brazil, Australia, New Zealand, Japan, Germany and UK. These are big countries. These are Western countries, and they all have yuan swap facilities, which mean they are not going to conduct trade settlement in dollars.
(Excerpt) Read more at usawatchdog.com ...
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Thanks, I saw that earlier.
Sanctions, aid, trade and energy. But there’s more to it than that.
http://www.finalcall.com/artman/publish/World_News_3/article_7886.shtml
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