Debt Rattle June 6 2015

 

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  • #21471

    NPC L.E. White Coal Co. yards, Washington 1922 • America Is A Ponzi Scheme: A Commencement Speech For The Scammed (Tom) • IMF Has Betrayed Its Mission
    [See the full post at: Debt Rattle June 6 2015]

    #21472
    Ed
    Participant

    Re: “Russia would attack NATO only in a mad person’s dream.” Surely this is a true statement; only, just as surely, it is a straw man argument. I’d like to see an article from Mr. Putin that Russia would not attack, nor encourage Russian separatists, to attack Ukraine. It seems Mr. Putin is using misdirection here. On the other hand, I can understand how other small nations bordering Russia feel threatened by Russia’s stance toward Ukraine. Viewed from Ukraine or Georgia, Russia is an aggressive power. Personally I disagree with imperial ambitions whether East or West. I’d like to think that AE shares that view. However, I don’t think that the way to avoid the clash of ambitions is to uncritically post articles from RT. RT is not an antidote to western imperial views. It is simply a vehicle for a similar Russian agenda, and not above pushing propaganda. RT is not “true,” anymore than a similar western publication is “true.”

    #21473
    Glennda
    Participant

    Cui bono? I keep trying to wrap my head around who could possibly benefit from austerity. Is it really just punitive? So who benefits?

    Thanks for the direction to the article by Amartya Sen: The economic consequences of austerity.

    #21474
    TheGreekOne
    Participant

    “It’s the Geopolitics, stupid!” – Vladimir Putin

    As the Greek Issue reality show reaches a climax and as we approach the point where kicking the can further down the road won’t just cut it anymore, the fog parts and we start to see the hidden agendas and crypto-realities revealing and aligning themselves, as the great cogs of History start to move once again, producing reality shifts of enormous proportions.

    In an amazing, earth-shuttering, world-changing statement, Putin said in the Italian newspaper Corriere della Sera that “it is now in the hands of the Greek People to decide which Union and which Zone they wish to be part of.” This is something that can only be interpreted as an invitation for Greece to join the Eurasian Union and get all the funding it needs there from the BRICS bank. If this came to be, the tectonic ripples would hit the US global policy more than a San Andreas’s Fault collapsing and producing Hollywood Level Events, ever would. This is the reason Obama intervenes and demands a solution to this issue, on a nearly daily basis now. Check the G7 meetings near you, for more details.

    One only wanders what’s really on the European leaders’ minds when they push Greece that much and that hard, giving ultimatums that involve implementing twice the austerity they demanded from the previous Vidkun Quisling government… oops, I meant Antonis Samaras government. That’s right, the unrealistic “take it or leave it” ultimatum that came to pass and nothing happened, was not based on any of the previous negotiations whatsoever and demanded austerity measures that would kill the Hellenic Republic in a few weeks. As a result, Tsipras refused and didn’t pay the IMF and if pushed more, would certainly move to stop paying up. Did our illustrious Euroleaders actually fail to see this, or didn’t know that the power they had until now on the puny Greeks derived from their local representatives, i.e. the political parties, politicians, journalists and the Media, and the money that financed a huge – and now failing – propaganda machine? Are the glorious Euroleaders of the Eurolands actually Idiotic, Inept or Insane? It’s the question on everybody’s minds.

    And then, in flash of genius, you suddenly realize that Wolfgang Schäuble, the Official Spokesperson for the German Elites (TM), is one of the main proponents of German Revanchism, the political movement to restore Germany’s pre-Stalingrad power and the remaking of a new glorious 1000 year old Reich. And then your attention shifts to the 70 thousand plus US and NATO troops stationed in Germany, that many Germans view as an occupation force, rather than a protection force against the Soviets. You see, there are no Soviets left anymore, so why are they there…

    Well, in case you blinked and just missed it, good old Doktor Schäuble just throw sand in the US Hegemon’s cogs, by forcing Greece into eventually abandoning the Euro (but not necessarily the EU) and joining the EAU. And the crucial questions are: Did he con the Europeans and the Americans into believing he wants the same things as they do, while at the same time having a secret agenda of his own and gaining a hundred billion on the side for his bosses, out of his Greek piracy victims? Is this considered business or an act of piracy? Was there a new Yalta Accord, splitting Greece vertically into two geopolitical spheres of influence, none of which includes the USA? Have all these players, at some point in time, secretly signed for the mighty Eurasia, the geopolitical vision of Professor Alexander Dugin for these parts of the world? Does this new narrative involve shipping BMWs and coffee makers from Frankfurt to Mumbai, Beijing and Vladivostok on Ultra High Speed Maglev Trains along the new Silk Road? Can this explain why Ukraine and ISIS has happened? Can it tell us why the moderate (until now) and liberal Albanian PM Edi Rama suddenly says he dreams of a Greater Albania, splitting the Balkans horizontally and why Albanian Kosovar UCK gunmen have terrorized the good citizens of Kumanovo, where the extension of TurkStream, would pass, via Greece?

    I can’t honestly tell you if these are the actual plans of men and mice. All this is more of an educated guess, than anything. Unfortunately, most of these stories involve techno-narcissistic fantasies of Ponzi digi-currencies, credit cards for everyday paperless transactions, High Intensity algo Transactions, multi-Quadrillion dollar derivatives and other cyber-autoerotic banker-financier robber-baron Panopticon dreams of absolute power. They also include ultra-high capital-intensive projects like maglevs (instead of camels) and other fantastic future technologies that rely on perpetual TBTF shadow financing that would somehow solve all problems and lead us straight into a glorious corporatist iFuture. But seeing it from a point of view of a citizen of a country just about to become the new Syria or Ukraine, I bet that none of these fantasies take into account events like all-out-wars, depleting natural resources, banking Armageddons, mass death, famine, poverty, revolts, revolutions, elite behadings, an IS presence in North Africa and roller-coaster oil prices. Well, it should be obvious by now that Futureland is not really Mankind’s future, either that being the Western or the Eastern version of it. Or did you blink again and missed the collapse of our civilization happening all around you? You see, there isn’t enough affordable oil to power all these porn servers forever… As Rudolf Clausius showed us in the second law of thermodynamics, the entropy of an isolated system always increases. And civilizations are thermodynamic phenomena which die when energy dies.

    #21475

    Ed,

    Our problem in the west is not Russia’s propaganda machine, it’s our own. We get fed the exact same made up narrative from a thousand sources. I for one am grateful that with RT there’s at least one counter source. The situation is so unbalanced that being critical of RT posting literal quotes from an Italian interview with Putin seems pretty silly from where I’m sitting. The entire Russia as aggressor story has been swallowed hook line and sinker on no evidence whatsoever, virtually all across the west. That is what we should be worried about. It’s also probably why you type ‘Russian separatists’ without blinking an eye.

    #21476
    Formerly T-Bear
    Participant

    @ The Greek One, reply # 21474

    One only wanders what’s really on the European leaders’ minds when they push Greece that much and that hard, giving ultimatums that involve implementing twice the austerity they demanded from the previous Vidkun Quisling government… oops, I meant Antonis Samaras government. That’s right, the unrealistic “take it or leave it” ultimatum that came to pass and nothing happened, was not based on any of the previous negotiations whatsoever and demanded austerity measures that would kill the Hellenic Republic in a few weeks.

    A form is beginning to take shape in the shadows of hitherto cryptic plans to radically reform the structure of the EMU; Greece will provide the crisis needed. Simple as that; just have to make it happen. The plans are already drawn up, diligently inspected for fault, approved and in place. These plans have no room for either democracy nor respublica considerations. There will be no alternative, there is no alternative. This will be THE power grab of all time. The Troika institutions are TBTF, are they not?

    #21477
    Ed
    Participant

    I don’t care about “the West” as such. The West is able to take care of itself, or not. At any rate, it’s made its’ own fate. I’m more concerned with Ukraine, a nation which has re-made and re-discovered itself over the past two years. I look for understandable political perspectives to the web and sites I have come to trust on financial matters. What I find, mostly, is not a perspective which rises above the two warring hegemons to actually shed some light. Instead, I see people posting Russian propaganda views thinking that this is somehow helpful. I’m not a ninny. I know we are spoon-fed propaganda in the West. This is not news. My point is the blogosphere is failing as an alternative to East and West. Zero Hedge, just for an extreme example, cannot discuss “Russian issues” without apoplexy. Try reading any discussion there on a post with the word “Russia” in the title and see how much you can stomach. And what would you call the separatists? If you like “Ukrainian separatists” better, that’s fine, though some would say it misses the historical dynamic.

    #21481

    These two things contradict each other:

    “I’m not a ninny. I know we are spoon-fed propaganda in the West.”

    “I’m more concerned with Ukraine, a nation which has re-made and re-discovered itself over the past two years.”

    #21482
    Ed
    Participant

    So, Ukraine is just a creation of western agit-prop?

    #21483
    Formerly T-Bear
    Participant

    @ Ed reply # 21482

    No Ed, if you don’t know what is the creation of western agit-prop, then it is likely you.

    #21484
    bluebird
    Participant

    Formerly T-Bear said “A form is beginning to take shape in the shadows of hitherto cryptic plans to radically reform the structure of the EMU; Greece will provide the crisis needed.”

    TheGreekOne said “This is something that can only be interpreted as an invitation for Greece to join the Eurasian Union.”

    I’m confused. Are you both saying the same thing that the impending crisis will shove Greece out of the EMU and into the EAU?

    #21485
    Ed
    Participant

    Okay, now I know all and see all. I’m a creation of western agit-prop. Thanks for your
    contribution to the discussion.

    #21486
    Formerly T-Bear
    Participant

    @ bluebird, reply # 21484

    No.
    ========
    Will someone ‘splain to Ed: birds; bees; poker

    #21521
    V. Arnold
    Participant

    @ T-Bear
    Will someone ‘splain to Ed: birds; bees; poker
    ~~~~~~~~~~~~~~~
    Not me man; Ed has evidenced no understanding of what’s going on in Ukraine…

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