Posted on 03/04/2009 7:49:52 PM PST by An Old Man
PROLOGUE & AFTERMATH - The World Economic Forum took place in Davos Switzerland last week. The global picture enabled a nice snapshot of sentiment, fault for the crisis, blame doled out, the vacuum of leadership, the perks for blunderers in a country club setting (instead of prison), and warnings on a potential situation that could spiral out of control. Amidst all the finger pointing, surprisingly little blame was given to themselves, the corporate chieftains in attendance. Let's be clear! The Davos Forum was a funeral wake, and Putin rode in on a white horse to announce there is a new sheriff in town!!
Davos afforded a unique opportunity for Russian self-styled leader Vladimir Putin to storm the forum stage and to steal the show. Putin presented a basic Blueprint for what should be called The Post-US World' as the United States and United Kingdom have lost the mantle of leadership and control. They lost it from failed economic policy, wrecked banking systems, fraud-ridden bond markets, corrupted debt ratings agencies, abuse of IMF & World Bank, and the severe backfire of economies that depended upon housing bubbles. Inflation turned on its haughty financial engineers! Nations with insolvent banks, insolvent households, corporations in liquidation, economies in near collapse, they tend not to be good owners and custodians of the global reserve currency!!!
Davos provided a flashpoint for a profound change in global leadership. The whimpering US-UK-EU bankers have been shamed. Then after the finger pointing, insults, hand wringing, and gut wrenching, Putin rode in on a white horse carrying a banner. Chinese Premier Wen Jiabao provided the confirmation to what Putin laid out, like a second of a formal motion. Wen Jiabao proceeded from the Davos stage to four European capitals to seal the new path and its legitimacy. The barter system has been launched in quiet, while the Western press continues not to comprehend a ruptured status quo limping along. It cannot; it will not; the transition is on.
Not only will the USDollar not provide the global highway for all to travel, but new barter systems will be dominant soon in working around the commodity price systems dominated by the US-UK corrupt price discovery systems. The other painful consequence to the new system soon taking root is that the global commodity supply routes will bypass the US destinations, enough to create mammoth shortages. Such is the fate of a nation thrust to the Third World. Its people and its leaders still do not realize it, as denial is ensconced in hope. The US credit supply has already been severed and cut almost completely off. Reliance upon the printing press to finance its own debts is a primary trait of a Third World nation, a shocking fact soon to be recognized.
The February Hat Trick Letter Crisis Update covers in detail the Putin plan and the Davos Meeting. Since the autumn, the regular macro-economic reports and gold & currency reports have been accompanied by frequent reports on the crisis for unique coverage. The Crisis Update this month also covers Obama's Opening Opus, not at all a promising start. He has surrounded himself with yet more Elite insiders who are in part responsible for the current failure and who are likely to continue the welfare raids for the Elite. The Crisis Update also covers many aspects of the Martial Law Threat. Those who think Never in America' need to catch up with what is happening, preparations being made, anecdotes from the field, hints of revolt from the states, and the dire straights that states find themselves, like in California. The martial law threat comes from economic disintegration more than anything else.
So the Russians view us as a second rate nation. Hummmm..... What did they learn from almost 70 years of socialism?
When Russia produces a soft two-ply toilet tissue, they can apply for first world status.
Russia, China flex muscles in joint war games
Reuters: Aug 17, 2007
CHEBARKUL, Russia (Reuters) - Russia and China staged their biggest joint exercises on Friday but denied this show of military prowess could lead to the formation of a counterweight to NATO.
"Today's exercises are another step towards strengthening the relations between our countries, a step towards strengthening international peace and security, and first and foremost, the security of our peoples," Putin said.
Fighter jets swooped overhead, commandos jumped from helicopters on to rooftops and the boom of artillery shells shook the firing range in Russia's Ural mountains as two of the largest armies in the world were put through their paces.
The exercises take place against a backdrop of mounting rivalry between the West, and Russia and China for influence over Central Asia, a strategic region that has huge oil, gas and mineral resources.
Russia's growing assertiveness is also causing jitters in the West. Putin announced at the firing range that Russia was resuming Soviet-era sorties by its strategic bomber aircraft near NATO airspace.
http://in.reuters.com/article/worldNews/idINIndia-29030120070817?pageNumber=1&virtualBrandChannel=0
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"the greatest geopolitical catastrophe of the [20th] century" -Russian leader Vladimir Putin on the collapse of the Soviet Union...
"World democratic opinion has yet to realize the alarming implications of President Vladimir Putin's State of the Union speech on April 25, 2005, in which he said that the collapse of the Soviet Union represented the 'greatest geopolitical catastrophe of the century.'
http://www.hooverdigest.org/053/beichman.html
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From the Russian News and Information Agency:
July 27, 2006
"'I am determined to expand relations with Russia,' Chavez, known as an outspoken critic of what he calls the United States' unilateralism, told the Russian leader, adding that his determination stemmed from their shared vision of the global order.":
http://en.rian.ru/russia/20060727/51913498.html
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Venezuela Set to Develop Nuclear Power With Russia
September 29, 2008
CARACAS, Venezuela President Hugo Chavez said Sunday that Russia will help Venezuela develop nuclear energy a move likely to raise U.S. concerns over increasingly close cooperation between Caracas and Moscow.
http://www.foxnews.com/story/0,2933,429441,00.html
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Venezuela's Chavez welcomes Russian warships
Nov 25, 2008
LA GUAIRA, Venezuela Russian warships arrived off Venezuela's coast Tuesday in a show of strength aimed at the United States as Moscow seeks to expand its influence in Latin America. The deployment is the first of its kind in the Caribbean since the Cold War and was timed to coincide with President Dmitry Medvedev's visit to Caracas the first ever by a Russian president.
http://search.yahoo.com/search?p=%22Venezuela%27s+Chavez+welcomes+Russian+warships%22&ei=UTF-8&fr=moz2
More Yahoo search results for Russia and Venezuela connections:
http://search.yahoo.com/search;_ylt=A0geu_X30pZJCJEAfCtXNyoA?p=Russia+Venezuela+bombers+tanks+arms&y=Search&fr=404_news
However much I want vomit, I listen to these people.
This is brought to you courtesy of the folks over at The Market Oracle.
Sorry about that.
Russia is in a lot worse shape than the US, so this is BS.
Give Obama 4 years.
all due respect, I think this post is a nonsense.
I was looking to see if someone would say that.
Yes, the US is on the edge of the cliff, and there will be a terrible depression. But most of the other countries of the world will get it even worse.
If Putin thinks he can step in and take America’s place, he is delusional.
Putin must feel proud that Soviet KGB money funneled to the CPUSA for thirty years eventually led to the indoctrination and ascendancy of the Soetoro lad.
As a student of a Catholic high school, the Sisters of Loretta taught me, I am pleased to be at an institution of higher education with such strong and celebrated Catholic and Jesuit traditions . . . You see, I got my Master's Degree at Notre Dame. (Boos.) I acquired a passion for the fighting Irish . . . and my family has been college educated and Presbyterian ever since. (Laughter and applause.) . . . I wandered into a course on international politics taught by a Czech refugee who specialized in Soviet studies, a man who had a daughter by the name of Madeleine Albright. With that one class, I was hooked. I discovered that my passion was Russia and all things Russian.
I have to question it too.
I typed a whole book but decided to cut it because..
you know. As bad as it is we are still the US and they are still Russia and China. One is in a steeper decline from a much much lower starting point than us and the other will have a terrible time when we don’t buy their manufactured goods (crap) anymore. A little less than 4 years from now we use the much bigger crises to:
1. Deal with Iran if need be.
2. Deal with Venezuela if need be.
3. Deal with inflation if need be.
4. Open up our oil.
5. Stop importing Chinese crap if we haven’t already.
6. Stop importing Russian oil if we haven’t already.
7. Implement the fair tax so the poor learn a little voter responsibility.
8. Recognize Pakistan for what it is and support India.
9. Recognize coal for what it is.
This should be the new contract with America.
*Note to the Europeans, you had better build many nuclear plants ahead of time.
Good luck with that Putie.
Oh by the way shouldnt Putin be paying us back for all that money we have donated to them in the past 20 years?
What in the world was that? Some explanation, link, attribution, please? Why just dump this without any rationale?
You might change your mind if the price of, demand for, and speculators can get oil back up to above a 100 dollars a barrel. Russia is oil/gas wealthy and willing to harvest their resources if the price is high enough...
Russia smells blood in our waters and they won't be one bit shy about taking advantage...
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