Posted on 03/06/2022 2:20:47 PM PST by BusterDog
The West is committing financial suicide. This spills over into corporations making long-term decisions based upon the demonization of Putin, ignoring even the fact that Kamala Harris publically told Ukraine to join NATO and violated the neutrality of Ukraine agreed to in the 1991 Budapest Agreement. We are witnessing the decline and fall of the world economy as we have known it. Those who have hated the dollar, always calling for its crash, will see a future where even cryptocurrencies will not survive. The false belief that somehow crypto will bypass the central banks and end fiat is such a joke. Ukraine’s power plant, the largest nuclear plant in all of Europe, has been captured and is on fire. Crypto is worthless without a power grid.
(Excerpt) Read more at armstrongeconomics.com ...
Those who have hated the dollar, always calling for its crash, will see a future where even cryptocurrencies will not survive.
Crypto is worthless without a power grid.
Doesn’t mean you shouldn’t have it, but understand the risks.
I think cryptocurrencies were always a trap. Sure, they were useful for those smart enough to get in on the ground floor and then sell when they reached 50,000, or whatever, but they were never stable forms of assets.
If I had been smart and knowledgeable enough, I would have spent $10,000 to buy Bitcoin when it was $0.03 and then sold it when it was $50,000, then I would have spent my $16 billion on tangible assets, like gold or food companies.
As the CCP waits in the shadows for their machinations to play out. Then they will step in and finish the job of a Chinese centric world economy.
Hardly a “new” world order. The same 180-year-old trash running things.
Crypto works until it doesn't. People tell me 'the blockchain can't be hacked'. It doesn't have to be. Anyone with the power (government, banks, tech company) can simply cut off your access to your account. They don't have to steal it or confiscate it, they can simply lock you out. Blockchain may mean it's secure from hacking but there are other ways to prevent you from accessing your account.
I wonder what a virus or ransomware can do.
“As the CCP waits in the shadows for their machinations to play out. Then they will step in and finish the job of a Chinese centric world economy.”
*****
It could totally be the CCP and Russia working hand in hand on this, knowing exactly how the American Regime will proceed at each step. I think the regime is in over their heads.
Communists generally don’t get along over the long run and given Russian military performance of late, they will likely fly the Chinese flag a little while before we do.
It's like punishing me by tearing up the mortgage on my house.
I think cryptocurrencies were always a trap.
Everyone acted on them as a lottery ticket.
“given Russian military performance of late”
*****
Fake news.
The NWO is behind this and the last several incidents. “Order out of Chaos” - the New World Order that is. Just the loss of the 10-15% of the world’s wheat supply from the Ukraine will be devastating around the world. So will the droughts, the next round of pandemics, etc. Remember Klaus’s famous words: You will own nothing and will be happy.
“What they are doing is cancelling all of the paper that is traded in the west that represent calls on Russian assets. That will show them.”
“It’s like punishing me by tearing up the mortgage on my house.”
*****
Huge energy inflation for us, global economic destabilization, a new cold war (at best), and accelerating the end of the petro dollar. For what purpose? What is the strategic goal? Just to destroy Russia? Our efforts to threaten them and gain strategic position against them is what got us here. Why were we doing it to begin with?
“The NWO is behind this and the last several incidents. “Order out of Chaos” - the New World Order that is.”
****
Perhaps. Which means if it turns into a world war, they are like, “Well, ok, so be it . . . .”
I think it’s a trio of evil, of course bad players will turn on each other..looks like biden putin and Xi agreed to not nuke each other, but Xi gets Asia Australia, biden and cronies get America’s and putin get Europe..sure looks like the plan..
3rd seal stuff.
They are forcing this. We are nothing more but pawns on their chessboard, and the game is young…
“hand in hand”, hardly. Putin is cornered, broke, the parish of the world (Donald Trump appreciated the favor), guilty as hell, outgunned 20-1 by a gang of virulently anti Russians states that as recently as 30 years ago were under your murmurous 70 year reign of terror and they are about to kick in your front door, 300 miles from Moscow. The guy needs a life preserver. Who happens to be there? The guy standing there with the generational trillion dollar life preserver is Xi! But at what price? Russia becomes the client state of our only existential enemy, China. We are tied down in Eastern Europe at the level he decides. Whatever he spends on his client state’s OFFENSE, we will have to match. Who’s standing there with NATO’s life preserver? YOU! The Chinese Russian relationship will hand and leash.
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