De-Dollarisation.

[Markje]

1.  The USA does not invade neighboring countries on a regular basis as does Russia (Afghanistan, Chechnya, Georgia, Ukraine).

No they do it far away, Iraq, Afghanistan, Libya, Syria, Egypt... And what success stories, people are glowing in happiness there now. Their most recent success, shared with Europe is Ukraine. Another great country now to live and prosper. Inflation is only 50% ...

2.  The USA is the leading member of NATO and is there to conduct lawful military drills with Poland, a country with a long history of suffering from Russian invasions and bullying. 

Poland is suffering nothing lately. Hasn't since WW-2 , where all European countries suffered.

3.  If and when the USA has a new CIC (Commander in Chief, ie President) with a pair of balls, such reckless and provocative actions by Russia (they buzzed a heavily armed Destroyer 20 to 30 times) will be met with an appropriate response.

Even if a new Prez with balls is chosen, see how quickly he/she ends the sanctions and works with putin, because they are immediatly attracted to each others power.

4.  Winter is coming for Russia's economy.  Their economy is poor, despite wagging the tail of the dog. 

Its a prediction, I don't think it will come true. Same as USA's arab's Springs, that turned to Winter instead.

(and Winter is coming for the US economy as well, due to poor leadership and heavy debt!)

Now that I can believe, I hope to have saved enough by then to be financially independent.

Mark.

[Wiz]

Not so fast.  What is Greece's GDP? 

It's a rounding error.  Like, "Oh, look...someone forgot to carry the 7...."

B/B

We the Greeks, and the rest of the world, know that Greece is bust, long time ago.

May I asked you to tell me, why the ECB continue lending Greece money and doing everything possible not to go bust OFFICIALLY?

Just for the ignorant Anteros... the Greek GDP, now, is 185 Billion Euros and the Debt is 340 Billion Euros, so there is no way this debt can be serviced or is going to be paid ever.

[Gipsy]

Not so fast.  What is Greece's GDP? 

It's a rounding error.  Like, "Oh, look...someone forgot to carry the 7...."

B/B

We the Greeks, and the rest of the world, know that Greece is bust, long time ago.

May I asked you to tell me, why the ECB continue lending Greece money and doing everything possible not to go bust OFFICIALLY?

Just for the ignorant Anteros... the Greek GDP, now, is 185 Billion Euros and the Debt is 340 Billion Euros, so there is no way this debt can be serviced or is going to be paid ever.

The ECB was forced to lend money to Greece, as, if it had not, Greece would have gone bust, and many European Banks would have followed.
The money lent to Greece went to paying down this debt.
None of the monies lent were used to boost the Greek economy.

The whole loan system to Greece was only done to stop various countries (Namely Germany), from being hit by large bank defaults.

Unfair really, but there always has to be an ass to kick...

[Gipsy]

1.  The USA does not invade neighboring countries on a regular basis as does Russia (Afghanistan, Chechnya, Georgia, Ukraine).

No they do it far away, Iraq, Afghanistan, Libya, Syria, Egypt... And what success stories, people are glowing in happiness there now. Their most recent success, shared with Europe is Ukraine. Another great country now to live and prosper. Inflation is only 50% ...

2.  The USA is the leading member of NATO and is there to conduct lawful military drills with Poland, a country with a long history of suffering from Russian invasions and bullying. 

Poland is suffering nothing lately. Hasn't since WW-2 , where all European countries suffered.

3.  If and when the USA has a new CIC (Commander in Chief, ie President) with a pair of balls, such reckless and provocative actions by Russia (they buzzed a heavily armed Destroyer 20 to 30 times) will be met with an appropriate response.

Even if a new Prez with balls is chosen, see how quickly he/she ends the sanctions and works with putin, because they are immediatly attracted to each others power.

4.  Winter is coming for Russia's economy.  Their economy is poor, despite wagging the tail of the dog. 

Its a prediction, I don't think it will come true. Same as USA's arab's Springs, that turned to Winter instead.

(and Winter is coming for the US economy as well, due to poor leadership and heavy debt!)

Now that I can believe, I hope to have saved enough by then to be financially independent.

Mark.

Ditto, with no credit/mortgage/debt etc.
Best to stat with dumping any investments that you have, realise all the cash possible..
Re-invest in Gold, silver, Lithium, diamonds, art.

[Gipsy]

Guys you have no idea what you talking about........

The second thing that would happen is we would be forced to stop importing just about everything. This would collapse China economy more than what it already is. China would have a huge negative trade balance with the US. Dollar trade has been very bad for the US and has killed many of our factories. America product would be the world's cheapest making us a great export nation again. US real estate in most places is already cheap compared to European and many other parts of the world. All kinds of rich people would come here and buy it. The next thing that would happen it would cheap to travel to America and our tourist trade would hugely grow.

Not really sure thats how economics work Texan. Some of what you say may be true but that doesn't necessarily mean it'll reinvigorate your economy and make you Billy big bollocks again. Most of this stuff has already happened to the UK and we're no power house because of it......

It won't.

First and foremost is major debt reduction..

Needs doing quickly, its about the only way to avoid serious effects of such a recession, because this will affect every country in the world in a serious way, something worse than ever previously...

[Gipsy]

What an odd lot we are!

Imagine, Cuffy and Manny agreeing, but arguing what is the correct way to pronounce a starchy tuberous nightshade popular in chips. With the exception of the paranoid and conspiracy driven hatred Wiz has of United States (policy) we are more or less echoing the same shall we say notes. The global economy is indeed a precarious house of cards and that is being stressed by both different players and forces with divergent goals.

How this will end, my guess badly. It can not go on forever.

If the next president is pragmatic and solution driven than perhaps either Donny and Bernie might be able to address the different problems with a positive outcome. If it is a dogmatic Cruz or Clinton as Commander in Chief than they will be neither Commander or Chief.

Sage words folks, sage words...

[AvHdB]

1.  The USA does not invade neighboring countries on a regular basis as does Russia (Afghanistan, Chechnya, Georgia, Ukraine).

No they do it far away, Iraq, Afghanistan, Libya, Syria, Egypt... And what success stories, people are glowing in happiness there now. Their most recent success, shared with Europe is Ukraine. Another great country now to live and prosper. Inflation is only 50%

There is a fundamental difference between the American interventions and the Russian invasions, in that Russia makes the invaded territories subjugate to the Kremlin.

Certainly Checnya, and the regions that was Ukraine are far worse today than before the Russian actions.

As for inflation in Ukraine actual prices are in Hryvnia up by around 10% in the last 18 months. Cooking and heating gas was this winter less. Only when you translate prices to $ or € do you get a higher percentage.

[Wiz]

What an odd lot we are!

Imagine, Cuffy and Manny agreeing, but arguing what is the correct way to pronounce a starchy tuberous nightshade popular in chips. With the exception of the paranoid and conspiracy driven hatred Wiz has of United States (policy) we are more or less echoing the same shall we say notes. The global economy is indeed a precarious house of cards and that is being stressed by both different players and forces with divergent goals.

How this will end, my guess badly. It can not go on forever.

If the next president is pragmatic and solution driven than perhaps either Donny and Bernie might be able to address the different problems with a positive outcome. If it is a dogmatic Cruz or Clinton as Commander in Chief than they will be neither Commander or Chief.

AvHdB

You can believe whatever you like about me, but the facts are there to see.

After the WWII the American economy has expanded it’s defence industry, becoming huge and also has created around 135 bases around the world, in many cases replacing the pre-war British Empire ones by taking over certain bases of theirs.

I expect these bases are holiday camps for some tired army personnel to go and rest and not to exert US influence in the country they are based and few others in the vicinity. For your information in Greece and especially in the island of Crete, the US has a big base from where is keeping an eye in the East Mediterranean and the Middle East.

The video, Cuffy posted, has many truths in it, like the 19 Trillion Dollars Debt but avoid telling us who is controlling the Private FED and benefits from its operations. Cuffy said in a previous post that is controlled by the Rothchilds family and I add, as almost most of the National Banks around the world apart from Syria, Iran, N. Korea. In the Bank of England they have installed Mike Carney….. one of theirs, who has worked for Goldman Sacks etc. The US and FED are also controlling the EU economies and especially the ECB and Germany. If the Brexit and Grexit happen, the domino effect of other members states leaving, will take place and the Euro and the EU are finished.

Ever since the end of WWII the US has invaded, pillaged and destroyed numerous countries, killed millions of innocent people, the list is too long to write here, for the purpose of keeping its economy going and will continue doing it, as long as it can.

If you look the financial stats of the US you will realise that it’s a net importer and it's the fiat Dollar that is keeping its economy going, as long as other countries are using it, for trade and other services. The biggest trade partner of the US is China who is using its surpluses to buy American assets. Today China own huge parts of the US  productive economy.

The Wall Street Financial services are not a productive industry adding to the US GDP and the value of the Dollar. It’s simply a casino and the US hardly has any Gold assets to support its Reserve currency. As you say, soon or later the US economy will go tits up and will create a huge catastrophe around the world.

What are the Gold reserves of the US?

Almost none and all the gold in the various US vaults is foreign.

Why the US does not allow Germany the check its Gold reserves in the US?

Because obviously has sold it long term and is waiting for the return.

The US is becoming self sufficient in Oil and expects soon to export to the EU and other countries but at what price, lower than its costs?

Have you seen the stats posted by Gipsy for the Russian costs?

Well I can go on about the American and world economy, which I agree with you, it's not good at all.

The global economy is indeed a precarious house of cards and that is being stressed by both different players and forces with divergent goals.

How this will end, my guess badly. It can not go on forever

Meanwhile the BRICS are working accumulating Gold reserves and preparing themselves for the final attack, to make the world multi-polar unlike what it's today.

Call me whatever name you like but I have a habit reading financial sites and articles, as it helps me to understand better the world affairs.

The next President of the US has been decided (by the bosses, look your $ to know who are they) and will not have balls to call her.... grandfather!

[Markje]

There is a fundamental difference between the American interventions and the Russian invasions, in that Russia makes the invaded territories subjugate to the Kremlin.

Certainly Checnya, and the regions that was Ukraine are far worse today than before the Russian actions.

But they are still better compared to the Africa/Middle eastern countries that the USA meddled in. ISIS roaming around for instance..... That was the point i am making, not that Russia is holier-than-thou or even that it was good of russia. No the USA should stick their nose in their own affairs before putting the blame on someone else.

As for inflation in Ukraine actual prices are in Hryvnia up by around 10% in the last 18 months. Cooking and heating gas was this winter less. Only when you translate prices to $ or € do you get a higher percentage.

10% inflation is huge .... many people will see their savings rot before they can put it in the bank.

If you look at the graph, the country went broke the minute that 'maidan' started to turn ugly. November 2013

http://www.xe.com/currencycharts/?from=USD&to=UAH&view=10Y

Plus, the trading economics website says it was worse:

Consumer prices in Ukraine increased by 20.9 percent year-on-year in March of 2016, following a 32.7 percent growth in the previous month.
http://www.tradingeconomics.com/ukraine/inflation-cpi

[Wiz]

Not so fast.  What is Greece's GDP? 

It's a rounding error.  Like, "Oh, look...someone forgot to carry the 7...."

B/B

We the Greeks, and the rest of the world, know that Greece is bust, long time ago.

May I asked you to tell me, why the ECB continue lending Greece money and doing everything possible not to go bust OFFICIALLY?

Just for the ignorant Anteros... the Greek GDP, now, is 185 Billion Euros and the Debt is 340 Billion Euros, so there is no way this debt can be serviced or is going to be paid ever.

The ECB was forced to lend money to Greece, as, if it had not, Greece would have gone bust, and many European Banks would have followed.
The money lent to Greece went to paying down this debt.
None of the monies lent were used to boost the Greek economy.

The whole loan system to Greece was only done to stop various countries (Namely Germany), from being hit by large bank defaults.

Unfair really, but there always has to be an ass to kick...

You are obviously read the same conspiratorial financial sites and articles, as me and they will call you the same names! 

May I add that the Deutsche Bank, at the moment, is exposed to 75 trillion Euros with it’s CDS products. If Greece is allowed to go bust officially, then who knows what will happen to this German Major bank and several other EU banks.

For the past 40 years, the various Greek governments where borrowing by issuing bonds and Germany, France and very small part from UK, were buying these bonds. In the case of Germany and France the loans were for defence products and supplies bought from these countries in exchange of bribes etc. The biggest culprit was the ex defence minister of PASOK who is in prison, obviously he did not shared the bribes… so they let him pay for it, instead their usual practice to cover one of theirs.

When the first Bail out loan was arranged the deficit was 125% of the GDP and after the loan and a haircut of 105 billions, arranged by Germany, went to 175%. Now it’s nearly 200%, after the 3rd Loan. It was publicly admitted that Germany profited from the bail out loans to the tune of 400 million Euro.

It is obvious that wherever the IMF is involved and the Austerity measures imposed by Germany are not working and the country will be in perpetual debt and very soon slavery.

[Gipsy]

Not so fast.  What is Greece's GDP? 

It's a rounding error.  Like, "Oh, look...someone forgot to carry the 7...."

B/B

We the Greeks, and the rest of the world, know that Greece is bust, long time ago.

May I asked you to tell me, why the ECB continue lending Greece money and doing everything possible not to go bust OFFICIALLY?

Just for the ignorant Anteros... the Greek GDP, now, is 185 Billion Euros and the Debt is 340 Billion Euros, so there is no way this debt can be serviced or is going to be paid ever.

The ECB was forced to lend money to Greece, as, if it had not, Greece would have gone bust, and many European Banks would have followed.
The money lent to Greece went to paying down this debt.
None of the monies lent were used to boost the Greek economy.

The whole loan system to Greece was only done to stop various countries (Namely Germany), from being hit by large bank defaults.

Unfair really, but there always has to be an ass to kick...

You are obviously read the same conspiratorial financial sites and articles, as me and they will call you the same names! 

May I add that the Deutsche Bank, at the moment, is exposed to 75 trillion Euros with it’s CDS products. If Greece is allowed to go bust officially, then who knows what will happen to this German Major bank and several other EU banks.

For the past 40 years, the various Greek governments where borrowing by issuing bonds and Germany, France and very small part from UK, were buying these bonds. In the case of Germany and France the loans were for defence products and supplies bought from these countries in exchange of bribes etc. The biggest culprit was the ex defence minister of PASOK who is in prison, obviously he did not shared the bribes… so they let him pay for it, instead their usual practice to cover one of theirs.

When the first Bail out loan was arranged the deficit was 125% of the GDP and after the loan and a haircut of 105 billions, arranged by Germany, went to 175%. Now it’s nearly 200%, after the 3rd Loan. It was publicly admitted that Germany profited from the bail out loans to the tune of 400 million Euro.

It is obvious that wherever the IMF is involved and the Austerity measures imposed by Germany are not working and the country will be in perpetual debt and very soon slavery.

No I think not.

What I wrote is common knowledge and nothing to do with a conspiracy.

[yankee]

Putin ordering his pilots to buzz American Destroyer's is not going to cause us to end sanctions on his economy any time soon.

The ship that was in the Baltic Sea? Long way from America and right near Russia. Imagine how the US would howl if Russia started conducting military tests right off the coast of the US?

As for sanctions, Russia now regards them as permanent anyway, so no biggie.

Yes, about 70 miles off the cost of Russia.

[Texan77]

Yes Deutsche bank is in trouble and this is not a conspiracy site. I have been reading about this for some time now. Germany will have to bail part of it out, size it down, and a bunch of people will lose money. This is something likely to happen in the next deep recession if not before. These investors have had years to prepare so hopefully they have. 

http://blogs.spectator.co.uk/2016/02/if-deutsche-bank-collapses-its-taking-the-euro-with-it/

This is a euro problem and one of the reasons for the dollar strength we are now experiencing. If this would happen it would bring back more dollar trade not less. So lets hope Germany finds a way to fix it.

[rosco]

Putin ordering his pilots to buzz American Destroyer's is not going to cause us to end sanctions on his economy any time soon.

The ship that was in the Baltic Sea? Long way from America and right near Russia. Imagine how the US would howl if Russia started conducting military tests right off the coast of the US?

As for sanctions, Russia now regards them as permanent anyway, so no biggie.

Yes, about 70 miles off the cost of Russia.

70km from a Russian naval base I understand....so who's being provocative? Get too close to a wasp nest and all that!!

[Anteros]

Putin ordering his pilots to buzz American Destroyer's is not going to cause us to end sanctions on his economy any time soon.

The ship that was in the Baltic Sea? Long way from America and right near Russia. Imagine how the US would howl if Russia started conducting military tests right off the coast of the US?

As for sanctions, Russia now regards them as permanent anyway, so no biggie.

Yes, about 70 miles off the cost of Russia.

70km from a Russian naval base I understand....so who's being provocative? Get too close to a wasp nest and all that!!

Absurd.  The USA was in International waters and observing maritime law etc.  Next time we will be justified in shooting down those jets if they deliberately come so close again in an attack formation.

[Gipsy]

Putin ordering his pilots to buzz American Destroyer's is not going to cause us to end sanctions on his economy any time soon.

The ship that was in the Baltic Sea? Long way from America and right near Russia. Imagine how the US would howl if Russia started conducting military tests right off the coast of the US?

As for sanctions, Russia now regards them as permanent anyway, so no biggie.

Yes, about 70 miles off the cost of Russia.

70km from a Russian naval base I understand....so who's being provocative? Get too close to a wasp nest and all that!!

Absurd.  The USA was in International waters and observing maritime law etc.  Next time we will be justified in shooting down those jets if they deliberately come so close again in an attack formation.

There will not be a next time IF the US keeps its ship away from Russian territorial waters, better still, remove them from the Baltic sea entirely if you are frightened...   

[Manny]

The USA was in International waters and observing maritime law etc.  Next time we will be justified in shooting down those jets if they deliberately come so close again in an attack formation.

So Russia was also in international airspace.

 And look how well shooting down a Russian jet went for Turkeys economy.

[shakespear]

So Russia was also in international airspace.

True.

But their are protocol procedures to follow when armed military platforms approach each other in international waters.  Russia violated those procedures. 

This is all about Putin's complete and total disrespect for Obama as a world leader. 

Only an idiot would start a war over an incident like this.  That's why I'm so afraid of giving a guy like Trump the keys to the car. 

[Wiz]

Putin ordering his pilots to buzz American Destroyer's is not going to cause us to end sanctions on his economy any time soon.

The ship that was in the Baltic Sea? Long way from America and right near Russia. Imagine how the US would howl if Russia started conducting military tests right off the coast of the US?

As for sanctions, Russia now regards them as permanent anyway, so no biggie.

Yes, about 70 miles off the cost of Russia.

70km from a Russian naval base I understand....so who's being provocative? Get too close to a wasp nest and all that!!

Absurd.  The USA was in International waters and observing maritime law etc.  Next time we will be justified in shooting down those jets if they deliberately come so close again in an attack formation.

Are aware that Kalinigrad is part from Russia?

[Gipsy]

So Russia was also in international airspace.

True.

But their are protocol procedures to follow when armed military platforms approach each other in international waters.  Russia violated those procedures. 

This is all about Putin's complete and total disrespect for Obama as a world leader. 

Only an idiot would start a war over an incident like this.  That's why I'm so afraid of giving a guy like Trump the keys to the car.

Both planes were un-armed, so protocol does not apply...

That the planes were playing silly games is clear, but the response from the US was typical, "OH dear, we've been strafed by a couple of ruskie jets, how naughty is that"..

Bets plan for the US, is to take their dummies and    off home...

[AvHdB]

Putin ordering his pilots to buzz American Destroyer's is not going to cause us to end sanctions on his economy any time soon.

The ship that was in the Baltic Sea? Long way from America and right near Russia. Imagine how the US would howl if Russia started conducting military tests right off the coast of the US?

As for sanctions, Russia now regards them as permanent anyway, so no biggie.

Yes, about 70 miles off the cost of Russia.

70km from a Russian naval base I understand....so who's being provocative? Get too close to a wasp nest and all that!!

Absurd.  The USA was in International waters and observing maritime law etc.  Next time we will be justified in shooting down those jets if they deliberately come so close again in an attack formation.

There will not be a next time IF the US keeps its ship away from Russian territorial waters, better still, remove them from the Baltic sea entirely if you are frightened...   

The ignorant protest to much.

The United States is fully justified to be in the Black Sea with military ships.

There is a treaty called the Montreaux Convention that guarantees this. Of course we understand how Russia (Putin) views International treaties that were signed before he became czar.

Further three NATO members have real estate along the Black Sea, so while Obama might be wimpy. He was fully compliant with International Law, something that Putin can not claim.

It should also be noted on a fairly regular basis until now Russian and American naval ships pass with in approximately 12 miles or 15 kilometers of each other coastline, so 70 miles or 96 kilometers is a rather large distance for a wasp to fly.

[Anteros]

The USA was in International waters and observing maritime law etc.  Next time we will be justified in shooting down those jets if they deliberately come so close again in an attack formation.

So Russia was also in international airspace.

 And look how well shooting down a Russian jet went for Turkeys economy.

   Russia is clearly hell-bent on self destruction as the US economy can absorb a lot more than Russia's one trick pony economy every could.

[Gipsy]

Putin ordering his pilots to buzz American Destroyer's is not going to cause us to end sanctions on his economy any time soon.

The ship that was in the Baltic Sea? Long way from America and right near Russia. Imagine how the US would howl if Russia started conducting military tests right off the coast of the US?

As for sanctions, Russia now regards them as permanent anyway, so no biggie.

Yes, about 70 miles off the cost of Russia.

70km from a Russian naval base I understand....so who's being provocative? Get too close to a wasp nest and all that!!

Absurd.  The USA was in International waters and observing maritime law etc.  Next time we will be justified in shooting down those jets if they deliberately come so close again in an attack formation.

There will not be a next time IF the US keeps its ship away from Russian territorial waters, better still, remove them from the Baltic sea entirely if you are frightened...   

The ignorant protest to much.

The United States is fully justified to be in the Black Sea with military ships.

There is a treaty called the Montreaux Convention that guarantees this. Of course we understand how Russia (Putin) views International treaties that were signed before he became czar.

Further three NATO members have real estate along the Black Sea, so while Obama might be wimpy. He was fully compliant with International Law, something that Putin can not claim.

It should also be noted on a fairly regular basis until now Russian and American naval ships pass with in approximately 12 miles or 15 kilometers of each other coastline, so 70 miles or 96 kilometers is a rather large distance for a wasp to fly.

Do try to keep up..

We are talking about the recent incident in the Baltic sea, and NOT the Black sea...

 

[Anteros]

Putin ordering his pilots to buzz American Destroyer's is not going to cause us to end sanctions on his economy any time soon.

The ship that was in the Baltic Sea? Long way from America and right near Russia. Imagine how the US would howl if Russia started conducting military tests right off the coast of the US?

As for sanctions, Russia now regards them as permanent anyway, so no biggie.

Yes, about 70 miles off the cost of Russia.

70km from a Russian naval base I understand....so who's being provocative? Get too close to a wasp nest and all that!!

Absurd.  The USA was in International waters and observing maritime law etc.  Next time we will be justified in shooting down those jets if they deliberately come so close again in an attack formation.

There will not be a next time IF the US keeps its ship away from Russian territorial waters, better still, remove them from the Baltic sea entirely if you are frightened...   

The ignorant protest to much.

The United States is fully justified to be in the Black Sea with military ships.

There is a treaty called the Montreaux Convention that guarantees this. Of course we understand how Russia (Putin) views International treaties that were signed before he became czar.

Further three NATO members have real estate along the Black Sea, so while Obama might be wimpy. He was fully compliant with International Law, something that Putin can not claim.

It should also be noted on a fairly regular basis until now Russian and American naval ships pass with in approximately 12 miles or 15 kilometers of each other coastline, so 70 miles or 96 kilometers is a rather large distance for a wasp to fly.

Exactly.  And as I said if Russia continues reckless foolish provocations like this the score is going to be:  US/Nato Aircraft 2.  Russian Aircraft 0.

[Gipsy]

The USA was in International waters and observing maritime law etc.  Next time we will be justified in shooting down those jets if they deliberately come so close again in an attack formation.

So Russia was also in international airspace.

 And look how well shooting down a Russian jet went for Turkeys economy.

   Russia is clearly hell-bent on self destruction as the US economy can absorb a lot more than Russia's one trick pony economy every could.

With 20 Trillion dollars of debt... yeah right..

Who's going to lend you a further couple of trillion dollars...maybe Russia?