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thanks for the video…I’m glad to know about Khazin..go to know what he thinks. He does seem reliable for sure.
says video is unavailable in russia
You can view it via proxy, but, I agree, it doesn’t make sense for the poster (French Saker Group?) to exclude Russia from the list of countries that can view a Russian language recording.
The crucial conflict about the Russian Central bank is apparently recognized as high priority – and rightly so.
Godspeed Russia
Great to listen to him.
Seems that Hollande’s appeal to Putin to ” think on the future,” as published by Le Figaro, is a proof of his disconnection on what is being eventuated. On the other hand, it was a triumph for Russia that he did stop for a chat. Yet, totally unclear what transpired there. If Merkel is willing to take down Germany’s industry for the sake of the AZs, and this is becoming increasingly clear, then most probably a new chancellor will replace her, one that keeps Gerrmany’ s interest. As for Hollande’s autism, LE Monde published today, that with his closest colaborators, he is thinking on a plan to be reelected for a second term!!!!????
One ambiguity as signaled by Khazin, previous to Putin’s speech, which is unambiguously unresolved, Putin praised the RCB for its job…of defending the ruble, which for Khazin is actually working towards its destruction.
There is one card that seems to be next to undisclosed. China’s role as an outspoken Assertive advocate for distributed power in developing the post Bretton Woods world. So we wait for them, the following days they should speak out, or WW4 is inevitable. Hollande and Merkel, are outworn puppets which can no longer be useful for their controllers, if not assisting to deflagrate it in Poland, Latvia, etc.
Thanks for the interview to Khazin.
Wishing you a good week.
Great to listen to him.
Seems that Hollande’s appeal to Putin to ” think on the future,” as published by Le Figaro, is a proof of his disconnection on what is being eventuated. On the other hand, it was a triumph for Russia that he did stop for a chat. Yet, totally unclear what transpired there. If Merkel is willing to take down Germany’s industry for the sake of the AZs, and this is becoming increasingly clear, then most probably a new chancellor will replace her, one that keeps Gerrmany’ s interest. As for Hollande’s autism, LE Monde published today, that with his closest colaborators, he is thinking on a plan to be reelected for a second term!!!!????
One ambiguity as signaled by Khazin, previous to Putin’s speech, which is unambiguously unresolved, Putin praised the RCB for its job…of defending the ruble, which for Khazin is actually working towards its destruction.
There is one card that seems to be next to undisclosed. China’s role as an outspoken Assertive advocate for distributed power in developing the post Bretton Woods world. So we wait for them, the following days they should speak out, or WW4 is inevitable. Hollande and Merkel, are outworn puppets which can no longer be useful for their controllers, if not assisting to deflagrate it in Poland, Latvia, etc.
Thanks for the interview to Khazin.
Wishing you a good week.
Question concerning the last sentence (minute 13:39):
“If the President of the RF chooses the liberal options, I fear his power will turn into dust.”
Which options did he chose in his speech?
This guy’s assertion that only the Republicans want to steal from everyone else is preposterous. Both parties do whatever their banker and corporate masters tell them to do.
And his insinuation that the Bretton Woods system is an issue put before the voters is even more absurd.
I hope his analysis of what’s going on in Russia is better than his thinking on the USA!
he made a pledge for developing a self-sufficient industrious Russia, which Khazin says that is only in writing and nothing real is happening, since the liberals are blocking it while declaiming that they are for it .
on the other hand, for developing the n projects that Russia is undertaking with several countries, this must somehow be substantiated. The situation, as seen from outside Russia, is very ambiguous, unfortunately.
One would believe that Putin does understand the need, but is perhaps powerless????while at the same time he produces geopolitical earthquakes!!!!
As for most of the electorate here in the US, if anyone has heard of Bretton Woods they probably think it’s a golf course. Or something.
The issues in the most recent election had to do with internal problems and preoccupations.
Bretton Woods is Tiger Woods’ brother.
Hello,
A friend just posted a Bloomberg article that talks about how Putin is losing support because the economic sanctions are hurting Russia. I responded that I thought this was Western propaganda, given the high popularity of Putin. He disagrees, mentioning the increased rates for prostitution. He didn’t mention whether he was talking about western journalists . . . but I just wondered if anyone is seeing any changes in Russia that would support the idea that Putin is losing significant support?
thanks,
Steven Starr
One should hope all Russians, including liberals, understand that the matter of developing its own industry is absolutely vital for the future survival of Russia. The current central bank setup is arranged precisely to prevent Russia’s industrialization.
Russia has everything it takes to be largely self-sufficient. It has the resources, and it has the ingenuity. It also has the capacity to impose protective measures to its markets from the West (no country has ever developed its own industry without protectionism). But if needs to fix this central bank problem quickly. If not, it will all turn to dust as Khazin says.
It is an urgent matter. They seem rather paralyzed on this front, as if not quite believing what is happening. They need to react.
The analysis of the US election is way off. I agree with anonymous at 1:21 Dec 8 that there is not a dimes worth of difference between the two US parties on how much the US should take from the rest of the world.
Steinmeier, who’s apt to be the next chancellor gave an important speech which denonstrates that he will be worse than Merkel towards Russia. Article’s on globalresearch.ca.
-Part one-
Putin’s speech was strongly for Russian sovereignty rather than submerging it in the existing power structure.
In order to become fully sovereign and to remove Russia from various economic vulnerabilities, Russia must free itself from the Bretton Woods institutions: IMF, World Bank , FSB, and WTO.
I don’t know how briefly to explain what’s so awful about Bretton Woods, but let me try. The economic system that runs the world economically is parallel to the political system that we all know, but is impervious to the political system; indeed, in many instances rules the political system.
Most countries are members of the IMF– including Russia. Russia has been a centuy-long target of ‘the West’ because she resisted the intergenerational banking power behind Bretton Woods. Stalin refused to sign on to the IMF, etc. and that’s the reason for the Cold War. -continued-
saker, you might be interested in this video…I got it off ICH, but this gorgeous woman has been on other videos…if only people like her were to achieve victory.
https://www.youtube.com/watch?feature=player_embedded&v=gnHPmcUgfRU
-Part 2-
Gorbachav & Yeltsin signed on to the Bretton Woods institutions. Membership in the IMF commits countries to having a central bank like US Federal Reserve Bank, but subservient to it.
EG Russia’s Central Bank (RCB). The assets of the RCB (gold & foreign currency reserves) are not the property of the Russian people or govt. Russia cannot borrow from these assets. Russia cannot issue her own roubles as a source for credit either (ala Modern Monetary Theory) because the law governing RCB won’t permit it. Russia cannot alter the law because by law RCB must agree to any amendments to the law governing it. Should Russia defy this body of law, RCB has the authority to sue Russia in an international court where she would lose.
continued-
-Part 3-
According to Starikov’s book, Russia must withdraw from IMF, nationalize the rouble, and permit only the rouble internally.
To do these things requires majority or perhaps super-majority of the Duma, which Starikov says first requires more honest Russian media.
Recently a law has come into force which requires resignation of officials including members of Duma who own property abroad– or sales of the property. I wd guess that this law is directed towards a more favorable (patriotic) Duma & is related to the RCB question. What I have outlined is only part of what’s awful about IMF/banking system.
[pdf] Rouble Nationalization – the Way to Russia’s Freedom by Nikolay Starikov
Book is online thru link above.
STEVEN STARR: Polls show anti-American sentiment due to sanctions & Ukraine. But there is hardship due to rouble plunge:
According to the Romir (the largest private independent research company in Russia) survey, the share of respondents who are economizing and refraining from buying certain foods has increased from 8 to 20 percent. Moreover, one out of three households is being forced to redistribute their budget in favor of buying food and the most essential items. VTB Capital predicts that the share of expenses for food among Russians may rise from 31 to 40 percent.
Very interesting.
I do agree with Anon @1:21 that Khazin is being too generous on the American system. After all, the US voted for Obama’s hope and change, but basically they got Bush III. Many people are now fairly convinced that there is no meaningful difference between the two parties.
In any case, Khazin’s observations about Bretton Woods are interesting.
Question: when he says, “there are no more profits to extract from the global economy.” — am I correct in understanding that it’s not that the global economy isn’t profitable in some places, but rather that since we have moved from industrial to finance capitalism, it’s the latter that has reached a limit?
It’s not that there are no profits, but rather they are simply no longer enough to satisfy the 0.01%, and this is why the system of global finance is now in a state of crisis ?
The people who think that Khazin misunderstood the US election need to go back and study that section carefully. He was talking – quite brilliantly in my opinion – in allegorical terms about two schools of thought about wealth distribution. His characterization of the US election stipulated what the voters perceive, not the way it actually is. So, yes Mr. Khazin, you made a great observation of the remaining perceived difference between the two parties, in people who still vote.
Mostly he was discussing the world and the global system of Bretton Woods. Within the context of everything he said, his comments on the US election – as just a small part of things really – are profoundly accurate.
Revisit the video and the transcript again. Wait, I’ll do it for you:
Furthermore, in order to protect their economy the United States began to use Bretton Woods,
4:37
firstly its financial system—not to give but to take.
4:44
One significance of the US election results was as an election between the two concepts.
4:53
The first one was to save the global financial system at the expense of US resources, in other words, everybody gets something;
5:03
the second was to save the American economy at the expense of everybody else, in other words, snatching away from everybody to favor of the United States.
5:10
The second concept, which the American voters associate with the Republican Party, won.
I was tremendously impressed by this interview, made BEFORE Putin’s address. Khazin reminded me more of Starikov than ever before with his ability to cut to the heart of things and explain them clearly in lay terms.
Thank you Saker, very good information.
Interesting views. I can see why the Ami and Jewish bankster hirelings didn’t like it, but what the hell, they’ll be spamming some other Israeli BS tomorrow…
Dumping the dollar means ending Jewish zionist control, even if the latter is not spelt out. Ending the EU means the beginning of the same in Europe. Though he didn’t mention the ziofascist aspect of international capitalism, it clear he sees their control mechanisms need to be neutralised. What he calls “liberal” is basically the left over zionist western fascist collaborationist from the Yeltsin quisling regime.
The more these quislings fall from “grace” in Russia, and are singled out as what they are, the more “creative” Israel’s sayanim will seek to post rubbish obfuscating the issues.
There’s no going back, grrrls, you’re going down – and not the way, or on the objects, you most often crave. ;)
вот так
Khazin might be too much of a theoretician to grasp the mechanics of American gangster economics. I think he assumes that the American system operates on the basis of logic, and that if the system is theoretically destined to cease functioning, it would practically follow the same conclusion. The reality though is that force and chaos don’t always conform to theoretical assumptions. It is difficult to predict how rational actors will perform when subjected to terror and irrational behavior.
I think this explains why the Russian leadership, who probably come from the same school of thought as Khazin, failed to predict just how malleable the Ukies would be to American pressure, just like they seem surprised at just how submissive the European “Partners” Can be to American dictation.
There are therefore at least two contradictory possibilities here, either the assumptions of the Eurasian Sovereignists are correct, and we are really witnessing the fall of American imperialism, or they have made a deadly miscalculation, and will soon find themselves alone and under threat of extinction by a surging American imperialism whose reach and breadth will be undisputed by future potential challengers, after they make a cautionary tale out of the Eurasian Sovereignists. They both certainly can’t be right.
Taking a closer look at Mr. Khazin’s ‘analysis’ begining at 4:45 —
One significance of the US election results was an election between two concepts…
The first was to save the global financial system a the expense of US resources, in other words, everybobody gets something [preferred by Democrats, Wall Street, Obama]…
The second [prefered by Republicans] was to save the American economy at the expense of everybody else , in other words snatching away from everybody to the favour of the United States…
The second concept […] won.
So, as you can probably see, maybe by taking a drive through the broken American industrial heartland, say from Michigan to Louisianna —
The USA won! Everywhere Americans are eating cake and it’s all at the expense of Russians and Ethiopians with distended bellies.
Oh and just in case you don’t get it — I’m being SARCASTIC.
Meanwhile those horribly oppressed and impoverished Russian oligarchs Mr. Khazin works for took a terrible beating and were forced, entirely against their will, to pour their dollars into Rothschilds controlled banks or Manhattan real estate.
Boo f’kn hoo. Really — my heart cries out for them.
Mr. Khazin is using commonly known disparities of the declining US petrodollar system to set up a new dialectic of his own — in which Russians and others are encouraged to blame the consequences of oligarch gangster criminality on those damned Yankees.
Disregard everything Khazin says. He is a liar. The system he and his very good friends made their fortunes on, in full cooperation with their American kh-ousins, sent most of the third world’s wealth plus plenty of yours into the bank accounts of people like him. He now sees an opportunity to escape responsibility and blame stupid American goys while he and his Khazarian brethren create a new giant ponzi scheme which will also send all of Russia’s wealth to Rothschilds controlled banks, where they will be safe from the sticky fingers of the Russian state and thereby deprive Russia of the funds it needs to develop its society and economy while also deepening the divide between Russia and the EU to the detriment of ALL people from Lisbon to Vladivostok.
It’s called Talmudic Economics 101.
It’s no suprise that people who fell for Ron Paul would fall for this guy too.
Where is that guy btw?
Have you heard what his spawn Rand has to say?
Issuing credit to enterprises by reformed country s financial facility (at the moment central bank) would solve Breton-Woods no-alternative?
Is it his idea?
Issuing payment promisses is what FED is doing. It s good solution, at least for small and middle biznesses.
@ AnonyMe said…
It is difficult to predict how rational actors will perform when subjected to terror and irrational behavior.
In the Great Depression there was a lot of jumping out of high windows.
The others scraped up enough to buy up everything for pennies on the pound and get rich again.
“They” are everywhere. They will try to save themselves. After decades of licking USA’ boots,they will throw it under the global bus to save themselves. Won’t work of course, but when it comes to the crunch it’s every man for himself.
Some might be actually happy to go to prison…that might be safer than outside.
The ordinary people can’t get very much poorer than they are now, so they’ll mostly survive. Maybe learn, maybe not. They will need help.
The two things I’d most like to see never start up again is GMO and all futures trading. That removes the poisoned earth and the casino. People will have food again and the money to buy it with.
To Ann @ 02.45 8 dec.
Thank you for the video,it would seem Frau Merkel’s days are numbered.
The problems with the US seem to stem from France’s insistance of the Occupation Statute,that allowing the West German State to exist,but only technically,without any genuine sovereignty. In Freda Utley’s book ‘The High Cost of Vengeance’ 1949,she made it clear that the allies refusal to sign a peace treaty,made it impossible to have a constitution and elections.
Germany is still an enemy state under the UN charter,as is Japan and this is why they are US/UK vassals.
Gorbachev should have sorted this out before allowing re-unification but as we can see they do not really know very much other than politics.
Freda Utley has an antisoviet bias but she tells it true.
cheers.
The Purge is coming. Evgeny Fedorov: http://youtu.be/5qLMG0KD3rI
These daydream believers and homecoming queens.
http://www.globalresearch.ca/german-foreign-minister-steinmeiers-great-power-speech-to-big-business/5418514
Khazin is brilliant in his take-down of the west and Breton Woods.
Russia, China and BRICS will formulate and walk a different path…
BREAKING NEWS that makes my day.:
You had read it here first: In a previous post I wrote the unplugging of South Stream was Mr. Putin’s Checkmate. His pulling the plug on South Stream was a bargaining chip. No. Make that a Bishop.
REUTERS
EU’s Juncker says South Stream pipeline can still be built
“European Commission President Jean-Claude Juncker has insisted the $40 billion South Stream natural gas pipeline can still go ahead and accused Russia of holding EU-member Bulgaria to ransom when it said it had abandoned the project.
. . . . . .
Just as Gazprom announced today: – As Mr. Putin said last month, Play Time is over. We will not be playing your games.
Gazprom to set up new company to build gas pipeline to Turkey
The new company is to be registered in St. Petersburg and take its name from the pipeline’s head compressor station Russkaya
“”On December 1, Russian President Vladimir Putin said that in current conditions Russia would not implement the South Stream project. Gazprom CEO Alexey Miller said the project was no longer topical. “The project is closed,” he told journalists, commenting on the results of the top-level Russia-Turkey talks.
At the same time, Russia said it would develop gas cooperation with Turkey and offered a discount on the gas price. Apart from that, it was decided to build an additional gas pipeline to Turkey.””
= = = = =
Just another chapter in the AZs under estimating Russia.
@Steven Starr (08 December, 2014 01:42):
A friend just posted a Bloomberg article that talks about how Putin is losing support because the economic sanctions are hurting Russia. I responded that I thought this was Western propaganda…
I’ve seen all sorts of stories recently in the western MSM (Reuters, Guardian, etc.) trying to suggest that economic hardship is turning Russians against their government. They recite a litany of complaints related to the present state of the Russian economy.
But they always seem to avoid the main question: Do most Russians blame their own government for this? Or do they blame EU/NATO?
I’m sure most Russians weren’t wild about ‘Operation Barbarossa’ either; but that didn’t turn them against Stalin.
@Ann (08 December, 2014 02:45):
Thanks for the video link, Ann. Sahra Wagenknecht and the Linke are a rare voice of reason in Germany on so many issues today, including Russia policy. And yes–she’s easy on the eye, too!
ANONYMOUS @ 15:03: Both Japan (last year) and Germany have now been given the go-ahead by US to become more militant (so US can use them as proxies). The criticisms of US, need for multilateralism is just PR for his voters. Germany is occupied by how many US troops? 75k? 100k?
Kat Kan said on 08 December, 2014 11:08
‘…when it comes to the crunch it’s every man for himself.’
Any guess when the next/final crunch is coming? DM economists say that it is inevitable; but, when?
WHERE-WOLF: You accuse Khazin of being a liar. Your version of what he says is wildly inaccurate. Your version of his intentions and his motives makes me wonder what you’re smoking.
Once again, you seem to just make up anything you like. It’s a shame to see good writing ability go to such trivial ends.
Another “Successful Banker” Found Dead–
http://www.zerohedge.com/news/2014-02-24/another-successful-banker-found-dead
“Exposing what lies beneath the bodies of dead bankers and what lies ahead for us”
http://www.homelandsecurityus.com/archives/10482
“A Rash of Deaths and a Missing Reporter–With Ties to Wall Street Investigators”
http://wallstreetonparade.com/2014/02/a-rash-of-deaths-and-a-missing-reporter-%E2%80%93-with-ties-to-wall-street-investigations/
Regards,
Carmel by the Sea
Forgot to include these…
On December 3, 2014 TOP Belgian banker found dead
http://www.endtimeupdates.com/top-belgian-banker-found-dead-in-north-sea-updated-list-of-dead-bankers/
“Banking Deaths: Why JPMorgan Stands Out”
http://wallstreetonparade.com/2014/05/banking-deaths-why-jpmorgan-stands-out/
Regards,
Carmel by the Sea
I did not have the time to go over all the posts, but I will just be making three brief points for the moment:
a) Germany’s stance on the whole Ukraine crisis issue has been disastrous so far. While at first they seemed reluctant (by they, I mean the Merkel regime) to impose any serious sanctions or adopt any of the crazy rhetoric coming out of Washington some inane east-Euro poodles, they have slowly gone down to a confrontational path with Russia and completely succumbed to US demands. That speech in the Bundestag is a quite excellent summary of the situation from that Die Linke MP. Does anyone know of any other political forces in Germany who are against the US War Party other than Die Linke?
b) I have seen some people providing the link for a zerohedge article on Juncker/Borisov and South Stream. This may prove an interesting development. We will have to wait and see though.
c) How the Liberals in Russia can still wield so much power and influence is quite beyond me, especially considering the utter destruction they caused in the 90s and the explicit hostility of the west towards their country. Russia’s monetary policy has to be placed under the complete control of patriotic forces asap. This is a matter of life and death for Russia. Putin has handled this grave crisis superbly so far, except the problem with Russia’s liberal (read treasonous) monetary policy. Let us not forget that the RCB has bled around $100bln in “defending” the ruble this year. That is a fifth of Russia’s foreign currency reserves. I will never tire of repeating this: Chinese style capital controls are urgently needed in order for Russia to be at first salvaged and subsequently prevail in this latest war launched against her.
Stavros Hadjiyiannis
Khazin said that there was a struggle between the administration and the govt as to which of two scripts for the presidential address would be given.
Because the speech so strongly supported political sovereignty I concluded that the administration (the sovereignty faction) had won. However, I’ve just re-read the speech and must admit that there is no hint that the economic system will be separated from the current IMF system.
I wonder what Khazin wd say about a speech so strongly for political sovereignty, but w/o touching upon Economic sovereinty.
To me what I did not like is when referred to that in Russia, as they received their share of the pie, that is, with high oil prices, everything was fine, but now there is no cake for all …. When there are things for long are doing wrong …
I do not know, I understand that this is why, even today, still they speak of “partners” and “friends” ….
Eventually one, as ordinary citizen, feels like they all tease him all the time.
To us to suffer the high oil prices, wars, famines, cold for lack of gas if there is supply cuts, we be left to ourselves when there is no work or state bankruptcy occurs, to pay bankruptcy invoices or lose our meager savings, to pay the outrageous mortages result of his speculation and bubbles …..
Sometimes one has much strength to fight, and thinks he knows the right side to do this …….. others …. simply one ends up to the “webs”
The problem is that by exacting all investment capital from the operation with derivatives, to fuel the ponzi scheme, any possibility of large scale investment for industry, health, education, and sharing with the world at large, is finished, finito, acabo,finite,acabou, etc.
Any country whose economy has some surplus or even none, is financing the derivatives casino and the industrial military Usaian complex.
@ Rita Lama
sorry,no idea when the crunch is coming. But it won’t affect us ordinary people.What I meant was, when things go really bad, they’ll all be scrambling to save themselves, not conspiring to drop nukes anywhere….because to have a chance to still make money, they need the world in one piece. I sincerely hope.
the whole discussion about bretton wood and IMf forgets to mention that bretton woods was done to benefit oen country and one country only england and the donor was usa of the time. the whole purpose of bretton wood and IMF and all otehr organisation was to help the parasite english nation and nothing else-not even black or irish america or italian america- it was to beenfit english race and its agents in usa.
if others joined this charade then it is their stupidity and fault.
russias are so stupid that they stopped delivery of s300 to iran to join WTo which has nto helpd them break the sanctions put by west.!
if you join the fradulent club of anglosaxonb pirates then donto expect to beenfit from it.
2009.
IN 2008 Russia and china had the opportunity to destroy IMF and world bank and the american -british system of looting the world ;but foolishly these two countries went on ,prompting from parasite england, recommended IMF and world bank to lead new economic system! How stupid of these countries and that is why they never go up in world because of their stupidity.
Therefor china and russia must prepare for war which is coming their way-
June 2012.
so the bankrupt england and usa resorts to fraud of printing money because it can and it can because the corrupt rating agencies which are anglosaxon controlled still give triple a rating to bankrupt enlgand and IMF and world bank instead of criticising england for fraudulent money printing is encouraging england to print money while at the same time asking European countries to not print money rather tighten the belt.
the Europeans are suffering because they were stupid and fool in not smashing IMf ands world bank and credit agencies which exist only to loot money and wealth from non-anglosaxon coutnries., it is a war by the Anglos on the rest of world.
Uk and the US are lying about the realities and printing money,
so america and uk are openly cheating its debtors nations while for other third world and european countries it insists through IMf to fully pay their debt by selling assets at one percent fire sale.and bankrupt America and britian are proud of their cheating and have temerity to lecture others on financial prudence!
the biggest problem is that the world has been held hostage, blackmailed by a racket called dollar and pound sterling , enforced by the mob known as USA… the “defence” department is not interested in defence or politics, it’s there to make sure the dollar and pound sterling remains in charge and anyone trying to avoid it (Iraq, Lybia and now Iran) becomes a candidate for regime change, aka military coup…
$54 trillion of credit in the U.S. financial system based upon trusting a central bank with nothing in the vault to back it up. Amazing!
Needless to say, those with access to leveraged credit and the issuance of fiat money have the power to make claims on resources without actually having produced anything of value or earned tangible forms of wealth.
And given that gold-plated tungsten has turned up all over the world, and that a top German gold expert found fake gold bars imprinted with official U.S. markings, Germans may have lost confidence in the trustworthiness of the Fed
Joat !
the only thing about the lovely German politician who says it like it is to that dump Merkel..
She calls Merkel a coward for not standing up the the US…that’s naive…and it makes me wonder how dangerous a political opponent she is…
And to be perfectly honest…people here may not agree, and its just a sudden thought I had…
Rudolf Steiner said, 100 years ago, that the British want to keep Germany from fulfilling her mission as the cultural leader of our times…for instance Goethe and his “Faust” which is a play about a great man who gets tired of obeying the demands of the church and the status quo, and explores many “taboo” things in his life. This is a picture of humanity today…a valid picture of modern human consciousness. We need to do this.anyway enough said in favor of Germany’s role in human culture…music, poetry, art, sculpture, architecture…on and on….
The failure of south stream will greatly continue the impoverishment of Germany (and central Europe)…so shall we begin to see Germany becoming more right-wing ? God I hope not.
They were so superior to these wacky neo-nazis…I mean compare the marching for instance. And the mystical element..evil mystical element. Nowadays its just blood lust, but back then, it was supernatural almost.
As the British are behind the creation of Israel and the “Zionists” that we need to pay attention the Brits…the secret orders that all the richest people in the world..the Brits…(The Queen,the Bank of England etc)…belong to…they are to blame for everything now. is Rothschild a Zionist before he’s a Brit ? I doubt it.
So I think that although it seems in many ways that the Anglo/American/Zionist club is out to get Russia, that actually they are trying to defeat Germany. If Germany falls again our planet may be in for a long long prison term.
I hope that Putin will save the world, but if all of Europe, including Germany falls under the right wing sign, then I don’t think Ergodan will be a friend to be counted on.
Merkel is a stooge…there’s no other word for that standing walking failure of a human being.
A note of thanks, the video and its implications answered my loci of questions about the state of economic theory from the original post that was not addressed in its followup answering post. Most interesting. I don’t think those of the neoliberal Washington consensus will ever know what hit them; it is never good to ignore Mother Reality – Mother Russia also.
Re elsi said…@ 08 December, 2014 20:52
” like they all tease him all the time.”
Try to remember the advantages of being teased.
Stavros Hadjiyiannis: Of COURSE they need capital controls. Right now the speculators are doing to Russia what they did to the Asian Tigers years ago. This is a flat-out emergency.
If the Duma won’t nationalize the RCB and rouble, Putin will have to take emergency powers & do it himself. Then withdraw from the IMF & embrace MMT (Modern Monetary Theory ala Michael Hudson). It includes the govt printing the currency, provided new currency-creation is pegged to add’l goods and services. Also the ‘public banking’ option of Ellen Brown fame, like in North Dakota (or South Dakota?).
The tremendous rebirth of Germany following WWII certainly involved govt currency printing.
For example in the US the idea that govt currency creation is ‘inflationary’ while The Fed’s QE isn’t is so stupendously illogical that I can’t understand why anyone believes it.
This is probably the deciding point for Russia right now– not a military crisis, but a crisis in ‘the dismal science’ of economics. Putin’s got to stop letting the West distract him with endless dialog and pay attention to nothing but economics for awhile.
There is an alternative to capital controls. Two analysts have recently proposed a gold-backed rouble. John Butler, As the ‘Sanctions War’ Heats Up, Will Putin Play His Gold Card?, at http://www.financialsense.com/contributors/john-butler/sanctions-war-will-putin-play-gold-card. And Alasdair Macleod, Russia’s Monetary Solution, at http://www.goldmoney.com/research/analysis/russia-s-monetary-solution.
There are all sorts of ingenious ways of getting around capital controls, and such channels are well-developed in Russia. It would seem more sensible to use market forces where such are available.
The discussion of a gold standard (and of capital controls) deserves some time and attention on RT. So far only Sophie Shevardnadze’s program has raised the issue on that channel. She bestowed the sole honor of talking about that topic on a former deputy director of the Bank of England and allowed him to get away with saying a gold standard would, through reduced credit, cause a worldwide depression. Someone responded immediately on the GATA website, noting that that is nonsense — you just need to raise the price of gold.
If you agree with Butler and Macleod’s case for a gold-backed rouble, and think that free discussion of the issue is urgently called for, not just for Russia but for the world in general, please write to RT at feedback@rttv.ru and let them know.
Putin needs the general population to be well-versed on this topic before he can overcome the sinister power of Russia’s central bank.
If RT, with the help of people such as Nikolay Starikov, can get out a substantial part of the truth on this critical topic, it will carry in Russia as well. It might very well be what makes all the difference.
sarz
Saker, beware of Khazin.
If he’s always so very pessimistic about Putin’s future, might it be because he is 5th column?
http://neoeconomica.com/mikhail-khazin/