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Hoes Mad – At Russia! CNN Says Sanctions Failed, Need More Sanctions Anyway, Might Purposefully Collapse Global Economy
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Julia Horowitz
Julia Horowitz

Notice: New article style officially in play: “Anglin’s Sloppy Joes – Sloppy Writing for Sloppy Lads.” We will be doing this until I think of something better.

Imagine that Jews hate Russia so much that in the middle of the collapse of their satanic child sacrifice swindle, female Jews are still able to whine about Russia.

I would have thought that every female Jew would take the week off to go out in the streets and scream about how they hate God (these abortion women are actually screaming “hail Satan” and “I’m Jewish” at Christians).

Odious female Jew Julia Horowitz writes for CNN:

Europe and the United States have barred the import of Russian oil to cut off a crucial revenue source for the Kremlin. But the plan to pile pain on President Vladimir Putin, forcing him to reconsider his war in Ukraine, hasn’t worked.

Russia is making just as much money from energy exports as it was before it invaded in late February. Meanwhile, inflation is surging globally, adding to political pressure on leaders such as US President Joe Biden, British Prime Minister Boris Johnson and French President Emmanuel Macron.

Ya don’t say.

Many readers probably would have liked to have known that a while ago.

You know, maybe at the end of April when the Russian ruble had completely recovered and then surpassed its pre-Ukraine level.

Most people are probably not aware of the fact that the ruble is higher against the dollar than it’s been in 5 years. This CNN article is probably the first time millions of people are learning that the sanctions have failed.

The entire plan was to assault the Russian economy by forcing the collapse of the ruble. The military campaign was dependent on that, actually. The whole idea was that if the Russian people were made poor, they would demand Putin stop the war. But, the US/NATO military just keeps going with their war, even though the entire plan is botched. And Western economies are entering some kind of depression.

No one understands why, and I think it’s because the people doing it don’t understand it. It’s not even clear whose plan this even was, beyond “the Jews in general.”

As leaders from top economies gather in Germany on Sunday for a G7 meeting, they’ll try to reach a consensus on what to do next. Unfortunately, on oil, few good options are available.

Several measures are being discussed, from price caps on Russian energy imports, centralized purchasing by the European Union, insurance bans on ships and targeting countries that continue to buy from Moscow. They all have downsides, and some could push prices even higher — risking popular support for the West’s resolve to punish Putin.

Wow, hmmm, yeah – people might start asking what the hell this is all about.

They might even start asking why all of these people involved are Jewish.

There are only 15 million Jews on earth. That’s the same as the population of Somalia. Imagine if the President of the Ukraine, Prime Minister of the Ukraine, and basically everyone in the Ukraine government was Somalian, all the people in the US State Department who planned the war were Somalian, the Secretary of State was Somalian, the White House Chief of Staff was Somalian, the US Attorney General was Somalian (and for some reason flew to meet with the Somalian government of the Ukraine, to show solidarity), and every time you opened a random news article promoting the war against Russia, it was written by a Somalian – and they were all telling you “this is about our values of a Democracy Human Rights Rules-Based Order of Who We Are.”

Imagine that.

Do you think people would start to think, “hey, maybe this has more to do with Somalians than it does with democracy”?

This is absurd.

There are tools available to go harder after Russia, but they come with significant costs directly to consumers in the US and Europe,” said Robert Johnston, an adjunct senior research scholar at the Columbia Center for Global Energy Policy.

Imposing sanctions on countries that continue to scoop up large volumes of Russian crude oil, including China and India, would wreak havoc on global markets that are already under severe strain.

Ya think?

This article is like something written for preschoolers.

And while Treasury Secretary Janet Yellen recently said the United States wants to discuss a cap on the price of Russian oil, such a complex mechanism may not be the fix the West is looking for.

The United States, the United Kingdom and Canada have announced bans on Russian oil imports. More significantly, Europe will follow suit for Russian oil it imports by sea, a huge step given its longstanding reliance on Russia’s energy supplies. The bloc says the ban will apply to 90% of Russian oil imports by the end of the year.

So to be clear: sanctions don’t work against Russia, they just sell everything the West refuses to buy at a discount to China (and the discount is higher than the pre-Ukraine freedom war price).

But we’re going to keep doing more and more and more sanctions, and the only question is how badly we are willing to crash our already wrecked economy.

European customers have already pulled back. Russian oil exports to Europe dropped to 3.3 million barrels per day in May, falling by 170,000 barrels per day compared to the previous month, according to the International Energy Agency.

But an uptick in exports to Asia helped make up for a large chunk of those losses. China — taking advantage of huge price discounts — saw its imports reach 2 million barrels per day for the first time. India’s imports have also spiked, hovering near 900,000 barrels per day in May.

Russia is selling barrels of its Urals crude for about \$35 cheaper than the Brent global benchmark, which was last trading near \$113 per barrel. But because prices are up sharply this year due to the aftershocks of the pandemic and the war, they’ve still been making tons of money.

“Making tons of money,” huh?

Are they also stacking up rolls of blue strips?

Russian oil export revenues increased by \$1.7 billion in May to about \$20 billion, according to the IEA. That’s well above the 2021 average of roughly \$15 billion.

“The Russians are still getting a pretty good price,” Johnston said.

Hahaha!

“Pretty good price,” he says! Revenues up 35% over last year!

The sanctions are good for the Russian economy! We just have to figure out how much Americans are willing to suffer, so we can continue to improve the Russian economy through total war!

We’re also arming the Russian military by shipping loads of weapons that get captured when the Ukie cowards abandon their posts!

Senior US administration officials said that dealing with this dynamic will be a priority at the G7 meeting. Speaking with reporters on Wednesday, they outlined their goal: maximizing pain on Putin’s regime, while minimizing spillover effects for the rest of the world.

To make it harder for China, India and other countries to keep importing Russian oil, Europe intends to phase in a ban on insuring ships that carry Russian crude. If the United Kingdom joins in, as expected, that would deal a blow to the global system for transporting fuel, given the dominance of the Lloyd’s of London insurance market. The Biden administration is nervous the measure will cause prices to soar.

I’m just going to be honest – Horowitz broke this news to me this morning. I didn’t know a ban on insuring ships was on the table. This is going to be complicated, because China is taking ownership of the oil in Russia, then shipping it out as Chinese-owned oil.

While I hadn’t thought of an insurance ban, I do know what Lloyd’s of London is, and this is another one of those things that is supposed to remain neutral in a “rules-based order.” I can’t imagine China and India are going to take too kindly.

Still, Mai Rosner, a campaigner at the nonprofit Global Witness, said Western countries need to go further to get Russian oil off the market quickly, since any delay gives market participants time to come up with creative ways to skirt the rules.

“These piecemeal sanctions are leaving loopholes for the fossil fuel industry to exploit,” Rosner said.

The United States, with Europe’s backing, could enact so-called secondary sanctions targeting third-party countries that have continued to do business with Russia, as it has done with Iran and Venezuela. The US government hasn’t ruled this out.

But such a move would generate so much turmoil that experts view it as unlikely — especially given the growing political blowback leaders in the West face over the fastest price increases in decades.

The insurance thing is a secondary sanction, unless they accept the fact that the exchange is made in Russia before the ship leaves port. And if they do accept that, then there is no point at all, so I assume they are banning insurance on any tanker carrying “oil of Russian origin.” (Although they’ve done several sanctions that didn’t have any point, so maybe not.)

If China and India had to find replacement barrels, the price of oil could easily top \$200 per barrel, according to Darwei Kung, portfolio manager for commodities at DWS.

“It’s hard to see a world where the US puts [such] sanctions on Iran and Venezuela and Russia at the same time,” Johnston said. “The oil has to come from somewhere.”

There is no mention of any concern over how China and India would feel about this, or how they would respond. China is already a declared enemy of the US, but India, the second biggest country in the world and one of the top 5 economies, is yet to be declared an enemy.

So goes on about some other inane nonsense, but then closes with this whopper:

In the event of a global recession — spurred in part because fuel prices are so high — demand for energy would drop, and prices could begin to fall on their own. But that would be deeply painful, involving job losses and economic damage, especially for lower-income families.

So, now the official plan is… to collapse the entire global economy in order to stop Russia. And this is something she is going to explain to you like you’re a small child, telling you it will be sad for poor people.

We don’t know if it will work, have no reason to think it will work – but hey, might as well give it a shot, right?

In reality, it obviously won’t work. It’s insane even if it would, but a global economic crash would be extremely lopsided, affecting the West much worse than the East.

Basically, the Western Jewish system is completely out of options. Imagine even suggesting “let’s just collapse the entire global economy maybe?”

These people don’t seem to be capable of processing the fact that there is no series of moves where they win, other than maybe just trying to brute force a full-on war with Russia and China and hope for the best. But that makes no sense, because China isn’t going to keep selling us products if we are at war with them.

So…

So…

So…

(Republished from The Daily Stormer by permission of author or representative)
 
• Category: Foreign Policy • Tags: American Media, NATO, Neocons, Russia, Ukraine 
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  1. Jethro says:

    The most important thing is the “reset” due to unpayable debts in the west (gov bonds, bankrupt pensions, etc. So they have to drive the system into the ditch. So they WANT no oil, no food, war with Russia/China, it’s all secondary. Better than being blamed for bad management and offed by angry peasants.

    • Agree: beavertales, Kali, peterAUS
    • Replies: @beavertales
    , @boomerfeed
  2. Notsofast says:

    ….. continue to improve the russian economy through total war……omg, the russkies have discovered our secret, how long can it be before the chinese figure it out?

  3. Anon[382] • Disclaimer says:

    The jews will can not stop – they must BE stopped.

  4. martin_2 says:

    President Biden stated in as many words that the sanctions would cause the Rouble to lose almost all its value on the Foreign Exchange, but in fact the Rouble is now worth much more than it was worth before the war even started, so it turns out he, or his economic advisors, were completely and utterly wrong. They couldn’t have been more wrong. Sanctions have failed.

    Usually when politicians are as wrong as this the media will make a song and dance about it. But there has been next to nothing in the Establishment media about the failure of sanctions. I even listened to some lickspittle journalist in the media just the other day who was so ill informed about the outcome of sanctions that he actually said that the Rouble’s value had collapsed. His guest had to correct him, but how is it possible for a presenter to be so unfathomably ignorant?

    As for The Jew. I was under the impression that the Jews in Israel are on Russia’s side since it was the Red Army that defeated the Nazis.

    • Replies: @ross23
  5. jews have to jew.

    That’s what they do.

    They can’t help it.

  6. George 1 says:

    The only logical conclusion is that Putin is a Mossad agent and the entire thing is a plot to steal all of the West’s wealth and have it transferred to Russia. Where it can somehow be transferred to Israel? Or something?

    Or I suppose it is possible that the neocon jews running the West are simply insane. I am actually not sure which is more likely.

    • Replies: @Passing By
    , @HallParvey
  7. Gawd Almighty – couldn´t their daddies afford the customary nose job?
    Small wonder they hate hate hate the World.

    • LOL: Locochon
  8. @George 1

    Having had quite a lot of interaction with Jews in my lifetime, I can say that there are people among them who are OK, but those would never come up with such a devious plan, and there are quote a few among them who are delusional mythomaniacs. My bet is that the neocons are delusional mythomaniacs.

  9. And the Russians are still holding a couple of Joker cards up their sleeve. When the time comes they will announce that oil and metals should be also bought with rubles.

    • Agree: inspector general
  10. the US/NATO military just keeps going with their war, even though the entire plan is botched.

    1. Vietnam
    2. Afghanistan
    3. Iraq
    4. Ukraine (no USA soldiers – YET)

    “Thank you for your service!”

    • Replies: @Jim H
    , @HallParvey
  11. While I hadn’t thought of an insurance ban, I do know what Lloyd’s of London is, and this is another one of those things that is supposed to remain neutral in a “rules-based order.” I can’t imagine China and India are going to take too kindly.

    This would be incredibly stupid, but these people are incredibly stupid, so you never know. If they were to do so, it would be curtains for Lloyds in the medium and long term. The City of London must know this, and be lobbying hard against it.

    What if it does happen ? In the last 15 years Russia has developed a fully self-sufficient financial system – which is why Western sanctions, which are essentially financial, have failed. Russia raises nearly all its loans from , and sells its treasury bonds to, its own domestic financial markets. Its own digital payment system MIR has replaced Visa and Mastercard, as SPFS is replacing SWIFT. The digital Ruble came on stream earlier this year.

    So it should be fairly straightforward for Russian insurance companies to extend their activities into shipping. This is a win-win situation for Russia – it expands its financial sector at the expense of an opponent, the United Kingdom. No doubt other non-western nations will follow. 10 years from now, Lloyd’s would be a shrivelled shell of what it was. Those whom the Gods would destroy, they first drive mad. Not that BoZo is listening.

    • Replies: @nokangaroos
    , @Bill
    , @Bill Jones
  12. Chris Moore says: • Website

    The entire plan was to assault the Russian economy by forcing the collapse of the ruble. The military campaign was dependent on that, actually. The whole idea was that if the Russian people were made poor, they would demand Putin stop the war. But, the US/NATO military just keeps going with their war, even though the entire plan is botched. And Western economies are entering some kind of depression. No one understands why, and I think it’s because the people doing it don’t understand it. It’s not even clear whose plan this even was, beyond “the Jews in general.”

    To understand why the ((Jews)) and the US in general is failing big, one only need understand ((Jewish)) psychology: Oy! I will buy the outcome I want!

    C’mon, this is as old as Jesus, Judas and the Pharisees. It’s not rocket science.

    The top ((Jews)) planned to buy the globe with their Zionist conspiracy to control the world central banks; they believe in abject materialism, with a veil of “religion”/”morality” to cover their naked Judeofascist greed and avarice, and to brainwash their underlings.

    The two farces (materialism, under religious cover) would work in tandem to set up a permanent Ponzi scheme that was to become the world’s unified, monolithic central bank.

    The ((Jew)) underlings are so brainwashed, deluded, and frankly, stupid, they simply can’t fathom why the “chosen’s” clockwork isn’t working to churn the gears of the universe in their favor, as they’ve been brainwashed to believe is pre-ordained destiny.

    But it was all an illusion, created by the fabulous wealth of ((Jew)) central bankers buying off Judas lackeys.

    The Christian story is really a simple story about ((Jewish)) psychology, or lack thereof. (Does a reptilian have an evolved conscience? No, it only is. It learns nothing, it forgets nothing.) So you can understand why, from the ((Jewish)) perspective, White Christians must die, because without them around to blow the whistle on the ((Jew)) conspiracy, the Zionists will rule the world! (they imagine in their warped, primitive brains.)

    So Oy! Oy! Why isn’t the clockwork of the universe kicking in like the rabbis assured us it would!?! Because there is no “clockwork of the universe.” There is a ((Jew)) central banker Ponzi scheme, and there is nationalism. And nations who believe in themselves aren’t going to roll over for a collapsing ((Jew)) central banker Ponzi scheme.

    Hence Russia and the other nation’s not under the control of the ((Jew)) Ponzi aren’t interested in making themselves slaves to ((Jews)), as the Judas West has done.
    https://www.theamericanconservative.com/articles/washingtons-failed-push-for-anti-russian-global-consensus/

  13. @Verymuchalive

    I like his idea of sending all illegals to Rwanda 😀
    but everything else smacks of desperation – first Venezuela´s gold
    (did I mention they are holding Austria´s hostage too?), now this –

    Russkij mir

    • Replies: @Verymuchalive
  14. @Jethro

    The ‘reset’ is a deliberate, controlled demolition of the economy. All kinds of options are open to dealing with angry peasants, and they all involve tyranny.

    ‘Fusion Centers’ is the term for Fed control of local policing. With the post-911 “war on Terror” and the recent J6 Patriot Witch hunts, the FBI-directed ‘Fusion Centers’ consolidated state and municipal policing functions under the leadership of the FBI.

    When the FBI SWAT teams went out to arrest mom and pop for attending the Stop the Steal protest, the dragged state and local police along not because they needed them, but because they were conditioning local police to accept that the Feds are their bosses.

    https://bigleaguepolitics.com/christian-patriot-in-washington-state-is-arrested-for-quoting-the-bible/

    If you, as a state or municipal LEO, show deference to the Feds, they’ll bestow on you neat training opportunities and cool armored vehicles, and give you a seat at the table when they plan the next militarized no-knock raid of some schmuck who spoke out at a school board meeting or insulted the LGBTQ.

    Dealing with peasants is a priority issue for the unelected rulers of DC. This is why taking down the Oath Keepers ‘Constitutional ideology’ was a tier 1 issue. Once the loyalty of LEOs countrywide is considered secure, they will have the massive structure needed to put down any peasant revolt and seize firearms at will.

    Indeed, the Feds already have such a large number of ‘men with guns’ on the payroll its a no-brainer that they’ve been planning to deal with internal unrest using brute force for some time. Fusion centers bring everyone into the homeland security tent.

    https://www.politico.com/news/magazine/2020/06/05/protests-washington-dc-federal-agents-law-enforcement-302551

    • Agree: peterAUS
    • Replies: @peterAUS
  15. anon[374] • Disclaimer says:

    It would be a PITA to sanction insurance. But the key thing is that governments don’t need private insurance. It is more convenient. But the idea that Russia couldn’t just self insure? Seriously.
    But hardly essential.
    And it would be like winning the twitter war for Ukraine. Which was mission accomplished until it backfired.
    The US already engineered some sort of technical default of Russian bonds. Through credit derivatives. But markets don’t seem to care.

  16. Anon[309] • Disclaimer says:

    photo of Mai Rosner …gross

    Think it’s the inbreeding that causes such grosteque features ?

  17. ANDREW ANGLIN: …but India, the second biggest country in the world and one of the top 5 economies, is yet to be declared an enemy.

    Face_The_Truth writes:

    India is a non-aligned nation with 1.5 billion mouths to feed everyday while being only one-third the territorial size of the United States of America or the People’s Republic China.

    India does not have fossil-fuel in its territories and, therefore, relies on foreign petroleum-exporting nations for its domestic needs.

    India is buying fossil-fuel from the Russian Federation at a deeply discounted price like, if market price is \$120 a barrel, India’s purchase price is around \$75 a barrel, which is very good for world’s fifth largest economy.

    In America, average gasoline price per gallon is still quite low (e.g., \$5 per gallon) if an American compares the price of a 20 fl. oz. bottled-water that s/he buys at a convenience-store.

    In America the price of a bottled-water is costlier than the price of a gallon of gasoline!

    Plus, psychology of Americans is such that, Americans take great pride in being able to pay higher and higher for their necessities when American govt. has been defending “Democracy & Freedom” all over the world such as in Ukraine and in Iraq (i.e., spending trillions of dollars that 60% Americans do not actually pay for in their income taxes).

    Indians are selfish people; selfish people do not like to defend “Democracy & Freedom” all over the world.

    LINK

    • Replies: @Old Brown Fool
  18. At least the Russians sold oil to make their 20 billion. Where did Biden get the 40 billion he gave to the Ukraine?

  19. ross23 says:
    @martin_2

    “As for The Jew. I was under the impression that the Jews in Israel are on Russia’s side since it was the Red Army that defeated the Nazis.”

    When he`s talking about “jews” he`s not referring to your ordinary jew rather a whole class of people who hate Russia for lots of different reasons, some have jewish ancestry but don`t actually give a shit about Judaism.

    Stalin exiled many jews i believe who held senior positions in government. Many apparently still hold a grudge multiple generations later.

    You can throw in immigrant E Europeans who now are over here in senior positions & the so called progressives that hate Russia for being anti LGBT and upholding traditional values etc..

    Others it goes back to the Czar, one of those Under Secretary of State Victoria Nuland.

    Gonzalo Lira tells this eloquently, makes you think just how far ancient grudges go. I mean you would think after 100 years you would let it go but obviously not.

  20. Jim H says:
    @Sir Launcelot Canning

    “1. Vietnam
    2. Afghanistan
    3. Iraq
    4. Ukraine (no USA soldiers – YET)” — Sir Launcelot Canning

    Only a few Americlown mercenaries are in Ukraine, to date. But US armaments are there, big time.

    Alex Vershinin of RUSI observes that “The Russian onslaught consumes ammunition at rates that massively exceed US forecasts and ammunition production.”

    https://rusi.org/explore-our-research/publications/commentary/return-industrial-warfare

    America: weak on ammo production, despite the largest ‘defense’ [sic] budget on the planet?

    Say it ain’t so!

    Surely “Joe Biden” can activate the Defense Production Act and fix all this by next month.

    USA USA USA

  21. peterAUS says:
    @beavertales

    I believe that what’s coming is tightly related, even dependent, on implementation of CBDC. Measured, gradual…frog thing. The ultimate control as the objective, if you will, by the technocratic state.

    I’d be interested in talking/visualizing scenarios where CBDC has been implemented in a region a person lives.

    How that life would look like? Majority wouldn’t mind that of course; a lot would love it, actually. Scamdemic definitely proved it.
    What would be elements some of us wouldn’t like ?

    And, the important part: how would one try to offset/minimize those effects ?

    • Replies: @peterAUS
  22. Renoman says:

    Hey you Murcans, YIS have lost, totally screwed, Russia will sink all your surface ships with hypersonic weapons if you try anything stupid. They don’t even need the Nukes of which they have more than you. The entire World figures you for the real terrorists in this situation, your citizens are slowly beginning to realize you’ve been lying to them and wasting their money to fill your pockets and guess what – they all have guns, lots of guns. You appointed Joe Biden! What were you thinking? Now you have to fix this mess hopefully without blowing up the World, quite a dilemma.

  23. Anonymous[388] • Disclaimer says:

    There is a long hatred of Russia and Russians by (((these people))).

    From Abused Russia by Dr. C.C. Young (New York: Devin-Adair, 1915):

    [MORE]

    https://archive.org/details/abusedrussia00youn

    “I remember being amused by reading in the Paris edition of the New York Herald an Associated Press despatch announcing another dreadful Jewish massacre in that city. On the night of the supposed massacre, I had been with a party of friends, motoring through Odessa, until three o’clock in the morning, and we had been aware of no disturbance of any kind, nor saw nor heard anything that might have been construed as a commotion. When, later, we showed the paper to Governor Tolmatchoff, he laughingly remarked that if we stayed long enough in Odessa, we would have a chance to read more such despatches, as they were being sent to New York from time to time, and from there cabled back to Paris, by a certain class of anarchistically inclined Hebrews, to stir up the minds of the better class of their own people and of the Gentiles, and open a channel of revenue, supposedly for the cause of the downtrodden Jews. The means so obtained, the Governor told us, seldom reached the people for whom they were intended, and generally went to further the ends of the anarchists and revolutionists and, he laughingly concluded, to contradict these false reports would consume the entire Russian budget!” (Abused Russia, pp. 23-24)

    “When Vladimir came to Kiev, at the close of the tenth century, the people complained bitterly to him that the Jews were craftily monopolizing all commerce. He called a meeting of the ruling princes of the various Russian provinces, and in this convention it was decided to drive the Jews out of Russia, and, should any of them return secretly, to kill them.

    In the days of Sviatoslav (1016), while fighting the dreaded Khozars, the Jews were accused of acting as spies for these Mongols. In 1495 Alexander Jakloutshik, the Lithuanian Grand Duke, prohibited the Jews from accepting any obligatory papers, or any other written acts, and when this did not help matters he ordered the Jews driven out of the country. In the sixteenth century, the writer, Michel Litvin, stated: ‘To our country have come the Jews,whom we find in all great cities of Podolia and Volynia. These are the worst people that have ever come to us. They are fatalists, sly, dangerous in every way, adulterating our goods, counterfeiting our money, forging signatures and seals, and having no other art except cheating and blackmailing.’ Ivan the Terrible refused them the right to live in Russia. ‘They have poisoned our soul and body,’ said he. Even the pious Alexis Michalovitch drove them out of Moscow, accusing them of being very dishonest.’”(Abused Russia, pp. 73-74)

    The conquest of Poland added several millions of Hebrews to Russia’s population. After the division of Poland, Catherine allowed the Jews to remain there, but did not permit them to visit the central provinces of Russia. In 1773, Count Kachrosky, Governor of Mogilev, wrote: ‘The Jews, although a sober people, are very lazy when it comes to any kind of physical work and are sly, dishonest and superstitious. They succeed best where the government is weak and the laws lax; they live entirely by fraud and on the honest toil of peasants; they borrow where they can, and then declare themselves bankrupt by flattery and giving away free drinks, they corrupt people in all stations of life, and they mock our courts; they are continually working in conjunction with our worst class of robbers, many of whom they started in their lawless careers.’” (Abused Russia p. 75)

  24. Thank you for saying ” female Jew “.
    “Jewess” sounds so hateful.
    BTW, what’s with the distorted photos in your article?

    • Replies: @mulga mumblebrain
  25. peterAUS says:
    @peterAUS

    Further to my previous post
    https://www.zerohedge.com/political/digital-dystopia-looms-90-nations-are-planning-cbdcs

    Now, most of patrons of this online pub will find the above boring, too abstract etc. Understandable. Much better to …ahm…focus….on more exciting topics. Plenty of those on the “alternative”.

    Still, a couple of individuals around could find the topic interesting.
    This quote

    …Halting payments to “protect the NHS”, garnishing wages to “fight climate change” or individual financial sanctions because you aren’t vaccinated.

    One need look no further back than the Canadian truckers’ protest to see a state financially unpersoning those who express dissent. A CBDC would make that process both easier for the state to enforce and harder for an individual to avoid.

    in particular. Second paragraph more so.

    Now, that’s all fine and dandy; warning people etc.

    What appears to be missing is “what and how to do about it”?
    Well…maybe that could be a topic to discuss/debate here? Just a little bit, for now.

    My take, anyway.

  26. Alrenous says: • Website

    Americans have no idea what the ruble going up or down even means beyond a social-status halo effect. Large numbers better numbers, right?

    If the ruble went down then Russia, as an export economy, would make more money. The stuff they sell to each other would be unaffected. Since they’re mostly self-sufficient it’s easy to argue that the ruble getting “strong” is actually bad for them.

    Nobody knows who is actually betting up the ruble or why they’re doing so.

    That said, I’ll guess that, coincidentally, the ruble going up is actually good. If Russians export less stuff they will keep more stuff for themselves. Real wealth = stuff, not banknotes. Higher ruble lets them import more. Trade “deficits” make your country richer.

    45% of existent USD were printed in the last two years.

    They’re not planning on economic collapse.

    They’re planning on who they’re going to blame when the inevitable 2008-style collapse arrives. Foresight.
    Stalin successfully blamed Hitler for his own meatgrinder tactics. Russians are still on about it, to avoid having to think daddy was a bad man. Turnabout is fair play, yes? Blame Russia when Germany’s mismanagement comes home to roost.

    • Replies: @fran
  27. Good Lord… Mai Rosner

    Sarah Jessica Parker be like, “Now Dat Bitch gotta horse-face.”

    Jennifer Grey sees that schnozz and no longer regrets her career-ending rhinoplasty.

  28. Fuck dem hoes! Get em out on da Shtreet and makin’ money!😮

  29. when the Ukie cowards abandon their posts!

    I would have left already.

    Anyway, let’s see what happens with Biden in Saudi Arabia.

    • Replies: @Lurker
  30. Anon[288] • Disclaimer says:

    If abortion had been illegal all along, scheming ho Kamala Harris would have gotten preggers by Willie Brown and ended up a struggling single mother instead of US Veep. There would have been real benefits if the law had never existed.

  31. bert33 says:

    The europeans did it to themselves with all the greenwashing and diesel particulate this n that. Norway has oil, BP knows how to set up a drilling rig, all european cities are prime sources of poo gas(natural gas), so yeah, let em stew in their own juices and freeze this winter.

    As for CNN: It’s a wounded beast, and the sooner they let it die, the better. No one trusts or cares what they say anymore. God bless the europeans, may all their current crop of politicians die of clotshot, and good riddance.

  32. @Chris Moore

    Why is the word “Jew” surrounded by double parentheses?

    • Replies: @HallParvey
  33. There are only 15 million Jews on earth. That’s the same as the population of Somalia.

    Jews are better pirates.

    • LOL: KrisP
  34. @Face_The_Truth

    But almost all the Russian oil is processed and sold to world markets, and not used for India’s internal consumption.

    • Replies: @Face_The_Truth
  35. Bill says:
    @Verymuchalive

    Or, in the shorter run, the Chinese and/or Russian governments can underwrite the policies. An oil tanker is expensive compared to, say, my income, and is peanuts compared to, say, the Chinese state’s income. As long as China stays more-or-less onboard with Russia, there is little the US can do.

  36. @George 1

    The only logical conclusion is that Putin is a Mossad agent and the entire thing is a plot to steal all of the West’s wealth and have it transferred to Russia. Where it can somehow be transferred to Israel? Or something?

    It would be interesting to know whether or not there was a major selling of dollars or euros just prior to the recent Ukrainian events. Followed by a major buy of Russian rubles. And just who profited.

    Isn’t something like this how Soros made his trillions?

  37. @Ralph B. Seymour

    Why is the word “Jew” surrounded by double parentheses?

    It’s just misspelled. Should have been ((())).

    • Replies: @Ralph B. Seymour
  38. @Sir Launcelot Canning

    . Vietnam
    2. Afghanistan
    3. Iraq
    4. Ukraine (no USA soldiers – YET)

    “Thank you for your service!”

    Don’t forget Korea.

  39. fran says:
    @Alrenous

    Nobody knows who is actually betting up the ruble or why they’re doing so.

    No one is “betting up the ruble.” It’s going up because demand for rubles has gone up, and the EU having to pay for gas in rubles is a major part of that. Russia is now having to intervene in order to keep the ruble from appreciating too fast, so they’ve cut interest rates to below pre-war levels and increased social benefits.

    • Replies: @Alrenous
    , @boomerfeed
  40. @Old Brown Fool

    What India is doing is making profits out of American-European sanction-regime!

    For example, Japanese govt. does not buy Russian crude oil; so, Indian govt. buys Russian light-sweet-crude and “process” it and sell the “processed” light-sweet-crude to Japan.

    As a result, the Japanese are happy, the Indians are happy and everybody is happy; but, the United States and the United Kingdom are unhappy!

    Similar story was with the People’s Republic of China when American president Trump the Swindler imposed tariffs on the imports of Chinese finished-products.

    The clever Chinese owners outsourced their manufacturing to Vietnam and other cheap-labor-countries in South-East Asia and, ultimately, sold Chinese owned, but manufactured elsewhere, finished-products back to North America and Western Europe.

    So, American consumers at Walmart and Amazon.com remained happy, Chinese profit-makers became very happy and everybody was happy; but, Trump the Swindler and his foreign-policy advisers were unhappy!

    • Replies: @Stephane
  41. Derer says:

    The US military economy is dependent on China’s imports on majority of consumer goods. Furthermore, China holds huge US dollar reserves to cause great misery if they decide. The Washington “wise” guys have no more options left to force resolute Moscow into submission – it will never happen.

    Stop peeing against the wind lowly fools before the public will protest your silly narcissism. For a stable world the Ukraine will remain neutral or in Russian sphere of influence. You cannot change geographic proximity and Slavic ethnicity of both countries.

  42. Bugg says:

    Not once does the article mention neither Germany nor France, to say nothing of a number of central Euro countries like Hungary,have stopped buying Russian energy. In fact, Germany especially is not going to have it’s people freeze to death next winter for lack of Russian energy(France with a significant nuclear energy is in no danger, but the US is dumb about this , thinking decreeing “green energy by (insert a random year here)” at intervals will somehow make a miracle happen) . Doesn’t appear anyone in the Biden what ever this debacle of an administration is has thought any of this through.

    • Replies: @Bill Jones
  43. @Jethro

    The pensions are entitlements, not debt. lol

  44. @fran

    demand didn’t go up, supply cratered because Russians can’t import squat anymore

    • Troll: fran, mulga mumblebrain
  45. Europeans deserve this because they’re dumb vassals. There’s no excuse for not having pipelines from Iran, Russia and everyone else to Europe. Caring what America wants is dumb af lol

  46. @Verymuchalive

    The other act of mind-numbing stupidity is the decision to prevent the purchase of Russian Gold.
    Proudly they proclaim Russia is cut off from the two major centers of Gold trading : London and New York/Chicago. There is a desperate need in the West for new Elites- ours are just not up to the job and every time they have another opportunity to shoot themselves in the foot, they miss and put another round into the scrotum. The “Gold” traded in the West is almost entirely paper, the Central banks of several countries have been trying for years to get good delivery on gold from London and estimates of the leverage of trades to oz’s range from about ten to one to six hundred to one. The cardinal virtue of gold is that it is a “financial asset” with no counter-party risk, in the West the vast majority of those who think they own gold own pieces of paper with a pyramid of counter parties often dozens deep before their claim on the physical asset itself can be satisfied. The two biggest Metals ETF’s GLD and SLV changed their prospectus within a couple of years of launch to specify that you could not enforce settlement in Oz’s but only in Dollars.
    Meanwhile, the worlds major gold purchasers India and China will continue to buy Russian gold at the real physical market price.
    Just as the energy sanctions are going to de-industrialize Europe, the Gold market could well be the thing that brings the financial house of cartels to the ground.

    Just how thick are these fuckers?

    • Agree: Decoy
    • Replies: @Verymuchalive
  47. @Bugg

    Can I ask what sources you rely on for your news?
    I seriously would like to know.

  48. anon[642] • Disclaimer says:

    Will you please stop trying to interest us in pussy pencilneck measures not involving use of force? That’s for little weakling cuckold statelets like the USA, who cannot fight. If we were pounding beers on the couch watching WWF and you took the remote and changed it to Wonder Woman spinning around with her flat tits pushed up, that’s what it’s like.

    There’s fuckin nuclear scramjets zoomin around and you’re talking about insurance. Even flabby spindleshanked insurance salesman Tom Clancy hates that shit. And you show us gruesome fugly chicks close up. Holy fuck wish I had Mai Rosner’s nose full of nickels.

    Are you just being a dick now?

    Like we all know how the Poseidons could carry Tsar Bombas and shoot em off and wipe out the East coast with BF tsunamis. That would be great. But there’s more! Those fuckers are fast. And economical. I seem to remember that a couple subs got in 20 billion dollar fender benders. We didn’t hear too much about that, did we? What if a swarm of Poseidons was in a demolition derby with the Triad’s strongest leg? They’ll just ping like a mothafucka, who cares? Bong, bong, bong, the whales will be like WTF? And with S-500s and no subs the US deterrent will be limp and flaccid as Admiral Levine’s horrifying mutilated ersatz dick.

    Now that’s good shit. Instant regime decapitation. Nuke the beltway, nuke New York. Nuke Sean Penn with a real little one that makes a mushroom cloud the size of his head. Ask random rust belt goobers what to nuke.

  49. Dutch Boy says:

    Ms. Yellen has prescribed the solution for all our problems – more abortions.

  50. vox4non says:

    “Those whom the gods would destroy, they first make mad”

    Seeing the nutjobs in Washington, London and Brussels at work just makes one wonder what divine retribution is in store. And the very same nutjobs are expediting that process with their ‘wackier by the day’ policies.

    • Replies: @mulga mumblebrain
  51. @Bill Jones

    The Ukraine conflict is finally killing Globalism. Globalism started with GATT in 1947. It has since morphed into the World Trade Organisation. Under a “free trade” system, only those who do not practice “free trade” benefit. This was apparent even in the 1970s. Germany and Japan benefitted massively, America, Britain and others not at all.

    Even those who benefitted have not seen these benefits circulate throughout the whole economy for many years. Japan has seen low growth for the last 30 years. In the same time, Germany has seen benefits increasingly confined to the manufacturing and financial sectors, both of which now employ far fewer workers than previously.

    The Governments in the West who replace the present Globalist ones will revert to a pre-GATT economic order. Tariffs, quotas and bilateral and other trade agreements, as appropriate, will be the order of the day. This will only work if they have strong borders, prevent 3rd World immigration and expel as many of these immigrants as possible. No economic policy will work, if this is not done.

  52. Here’s the plan…

    China and Russia control their borders and everything else becomes a shithole.

  53. She’s on sex strike. What will men do?!?

    • Thanks: Bill Jones
    • LOL: Avery
    • Replies: @Passing By
  54. @Priss Factor

    She probably doesn’t have a mirror in which she can see herself whole and that might explain her lack of self-awareness.

  55. @Badger Down

    I’d daresay that ‘Jewish woman’ is better.

  56. @vox4non

    When bullies, used to murdering much weaker opponents, meet potential victims like Russia and China, who can not only fight back, but smash the bully’s face in, they tend to go barking mad. When scum like Brandon and BoJo need a diversion because politically they are dead, stinking, meat, the reflex is to choose war. BoJo-last PM of the UK?

  57. Do you need new ideas in the field of sanctions?
    It’s elementary..
    Now Russian trawlers enter the ports of Norway and deliver fresh fish, mainly cod. What if Norway refuses to buy this fish? Then all this fish will go to the Russian market and the Russians will have one continuous “fish day” (In Soviet times it was Thursday).
    Why not try this kind of sanctions?

  58. Stephane says:
    @Face_The_Truth

    The movement to switch low-skill assembly jobs outside of China started well before that. Chinese labor cost is rising (slowly, but rising) so those kind of jobs finds their way to cheaper alternative. Gloablization and capitalism at work.

  59. Ayax says:

    It is not Somalian. It is Somali.
    Just like it is not Israelian. But it is Israeli

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