Ukraine crisis: Putin orders retaliatory sanctions

[Asiantravel]

Moscow to Consider Additional Measures if West Continues Destructive Sanctions - Kremlin

http://en.ria.ru/politics/20140819/192139841/Moscow-to-Consider-Additional-Measures-if-West-Continues.html

[lovetotravel]

http://www.bbc.com/news/world-europe-28849726

Food prices are rising in parts of Russia and experts say the state embargo on imports of Western food appears to be making things worse.
Since the ban was imposed on 7 August imported pork used in processed meat in Moscow has gone up by 6%, Russian business daily Kommersant reports.
In St Petersburg food prices have risen 10%. That inflation occurred even before the impact of sanctions.
Russia's ban on many Western foods is retaliation for sanctions over Ukraine.
The St Petersburg government's economic policy chief, Anatoly Kotov, said the pork price had risen by 23.5% and chicken by 25.8%

A regional agriculture official, Nikolai Borisov, said cheese prices had gone up by 10% and meat by 15% on Sakhalin. They were outstripped by the cost of chicken thighs, which rose by 60%.

In Primorye the cost of apples from China has reportedly risen by a third, while some meats have risen by 26% and fish by 40%.

Seems the sanctions are working great!

[Publicus]

Strange someone should mention Business Insider to me as I read it regularly

Here is a recent article from BI that speaks directly to your wild speculation generated by the Mad Max 19th century laissez faire absolutists known as the Austrian bunch of "economists" (school you guys like to call it) that you cite and subscribe to.

Goldman Sachs Gives Six Reasons Why This Market Is Nothing Like The Tech Bubble

David Kostin, chief U.S. equity strategist at Goldman Sachs, says the comparison between the recent stock market sell-off and that in March 2000, when the tech bubble burst, "dominated client discussions" last week.

"The current sell-off in high-growth and high-valuation stocks, with a concentration in technology subsectors, has some similarities to the popping of the tech bubble in 2000," he writes in a note.

"Veteran investors will recall the S&P 500 and the tech-heavy Nasdaq peaked in March 2000. The indices eventually fell by 50% and 75%, respectively. It took the S&P 500 seven years to recover and establish a new high, but the Nasdaq still remains 25% below its all-time peak reached 14 years ago."

However, according to Kostin, there are six ways in which the two episodes differ:

Read more: http://www.businessinsider.com/why-today-is-not-like-the-tech-bubble-2014-4#ixzz3AoSyrnS4

Your adored Austrian school of economists are the primitive cave dwellers of contemporary economics and finance. The Austrian school and its reactionary subscribers such as yourself love 1929 depression economics and finance. I call you Austrian economists bunch the "Chaos Guys."

The Mad Max school of economics gang.

We're also keenly witnessing what happens at the other end of the radical spectrum, when the CCP Boyz in Beijing try in their pathetic hubris and vanity to build Rome in a day. The CCP Boyz are the old centralized state planners group, school, the opposite of you no holds barred Austrian school guys.

And we are witnessing the flailing campaign of the gold standard Austrian school economists with their pal Putin try to sack Rome in a day.

Just as Pu Yi was the last emperor of China, the Soviet Union was the last empire of the world. The Austrian school of economists are themselves the Knights Templar of the 19th century laissez fair crusaders, destined to the same fate.

This is not a guessing game. Austrians know that the US stock market is a state of bubble. It is a fact. When a central bank does what the Fed did, assets get way over priced. This is a fact. And I promise you that I am right.

Unlike Keynesians, Austrians can spot bubbles. This is Max Keiser in September 2007. Months before the financial crisis.

https://www.youtube.com/watch?v=uPvAJaeionk

Americans such as the investor Jim Chanos and many others were hollering in the year 2000 about the subprime bubble. Momentum carried events instead and now the hard lesson has been learned.

No one in the run up to the 2008 collapse set out to create chaos and suffering. The same cannot be said of the Austrian school economists who believe only global economic catastrophe can reverse modern Keynesian economics to return to the gold standard economics and finance of the 19th century when there were documented cases of starvation in the U.S. because the economy could not grow due to its being confined by the gold standard.

Present debtor nations would suffer catastrophic economic and financial collapse if the world returned to the gold standard which is why it will never happen. You can be assured it will never happen. You can be assured in the absolute it will never happen. So give up the ghost.

There's nothing inherently wrong with Keynesian economics. The problem would occur because contemporary Keynesian economics and finance would be precipitously terminated, and would be replaced by the gold standard. This would be suddenly shifting into unexpected reverse while the vehicle is progressing at 150 kph.

The Mad Max Austrian school of 19th century absolute laissez faire economists, cave dwellers all.

I do welcome that you have emerged to call attention to your mentors and their designs, methods, purposes, which are summed up in one term - global chaos.

[craigt3365]

Several posts violating fair use laws have been removed from view and a member warned. Please abide by forum rules:

14) You will not post any copyrighted material except as fair use laws apply (as in the case of news articles). Please only post a link, the headline and the first three sentences.

Also, a few off topic posts have been removed from view. This is not about the 2007 banking crisis. Please stay on topic.

[lovetotravel]

Ukraine’s Next Crisis? Economic Disaster

Ukraine’s next crisis will be a devastatingly economic one, as violent conflict destroys critical infrastructure in the east and brings key industry to a halt, furthering weakening the energy sector by crippling coal-based electricity production.

The Ukrainian military’s showdown with separatists in the industrial east has forced coal mines to severely cut production or close down entirely. This has led to an electricity crisis that can only be staunched by cutting domestic production along with exports to Europe, Crimea, and Belarus -- or worse, getting more imports from Russia.

Key industry sources say they will potentially run out of coal in less than three weeks.

http://oilprice.com/Energy/Energy-General/Ukraines-Next-Crisis-Economic-Disaster.html

Yes, it's horrible the destruction Russia is causing in Ukraine. They should be made to pay for this. No more weapons and no more military personnel should be allowed into Ukraine from Russia.

[lovetotravel]

Compared to the USA sharemarket bubble

and at the end of the day it comes to attitude of the population.. At the end of the day I will bet on the vibrance and energy of the Chinese population over the American population who have shown repeatedly what happens to their society following the aftermath of hurricane disasters, glitches in foodstamp computer systems and shootings by police officers.

I think there are some 45 million Chinese, many more if you consider relatives, who might not agree with you on this one:

http://www.independent.co.uk/arts-entertainment/books/news/maos-great-leap-forward-killed-45-million-in-four-years-2081630.html

Mao's Great Leap Forward 'killed 45 million in four years'

Mao Zedong, founder of the People's Republic of China, qualifies as the greatest mass murderer in world history, an expert who had unprecedented access to official Communist Party archives said yesterday.

Speaking at The Independent Woodstock Literary Festival, Frank Dikötter, a Hong Kong-based historian, said he found that during the time that Mao was enforcing the Great Leap Forward in 1958, in an effort to catch up with the economy of the Western world, he was responsible for overseeing "one of the worst catastrophes the world has ever known".

[Harsh Jones]

" Ukraine will be rebuilt by its Western allies "

With what?

Europe's economy needs to grow 5% next year just to keep up with the rising costs... 5%... growth...

But overall industry in Europe contracted over 8% this summer compared to last year...

You really think the West couldn't rebuild a developing economy such as Ukraine's?

That's really out of contact with reality.

Oh sure. The US will welcome Ukraine into the dollar economy. After a good stint of asset stripping of course. And like Canada and Australia, they will have to hand over monetary, fiscal and currency control over to US central authority. But maybe Ukraine wants to keep some of its independence and some of its local alliances and culture rather then just become another "Yes man!" to Unlce Sam.

[Asiantravel]

Ukraine Overnight Interest Rates Soars to 17.5%

External Debt Cannot Be Paid Back

Ukraine Demands Rebels Surrender

http://globaleconomicanalysis.blogspot.com/2014/08/ukraine-demands-rebels-surrender.html

[Publicus]

As the OP notes.....

Russia, which was first subjected to sanctions after annexing Crimea in March, has been accused of fomenting the armed rebellion in Ukraine's eastern regions.

Here's what Putin took from Ukraine when he seized control of the Crimea and held a "referendum" that had no voter rolls or controls except for Russian goons standing around in polling stations with war weapons.

Known energy fields in the Crimea are,

Dzhankoyske gas field Onshore
Golitsyna gas field Offshore Black Sea
Karlavske gas field Onshore
Krym gas field Offshore Black Sea
Odessa gas field[114] Offshore Black Sea 21 billion m3
Schmidta gas field Offshore Black Sea
Shtormvaya gas field Offshore Black Sea
Strilkove gas field Offshore Sea of Azov

Crimea also possesses two oil fields: one onshore, the Serebryankse oil field in Rozdolne, and one offshore, the Subbotina oil field in the Black Sea.

Introducing the Putin Pipelineruble.

It's pure Putin. clap2.gif

If that's the right word for it.

[lovetotravel]

http://www.bbc.com/news/world-europe-28870974

Take a look at the end of this video. A whole line of Russian fighting vehicles headed for the Ukraine border. You can even see the smoke in the background from the cities in Ukraine that are on fire.

So much for Russia not wanting to make things worse. Terrible.

[lovetotravel]

The oligarchs are starting to speak up.

http://money.cnn.com/2014/08/20/news/companies/branson-ukraine-russia/index.html?iid=HP_Highlight

Billionaire Richard Branson and 15 major business leaders from around the world want an end to the Ukraine-Russia conflict.

In an open letter posted on the Virgin website, Branson and heavyweights behind companies including Unilever (UL), eBay (EBAY, Tech30), WhatsApp and PayPal said they want to help find a peaceful solution to the crisis

"As concerned business leaders from Russia, Ukraine and the West, we encourage our governments to compromise and find a peaceful solution to the current conflict," they said in the letter. "We would like to offer whatever support we can to help resolve this violent conflict."

Besides Branson, others signing the letter include Indian businessman Ratan Tata, Nobel Laureate Muhammed Yunus, former eBay president Jeff Skoll and 10 high-ranking Russian and Ukrainian businesspeople.

[Harsh Jones]

As the OP notes.....

Russia, which was first subjected to sanctions after annexing Crimea in March, has been accused of fomenting the armed rebellion in Ukraine's eastern regions.

Here's what Putin took from Ukraine when he seized control of the Crimea and held a "referendum" that had no voter rolls or controls except for Russian goons standing around in polling stations with war weapons.

Known energy fields in the Crimea are,

Dzhankoyske gas field Onshore

Golitsyna gas field Offshore Black Sea

Karlavske gas field Onshore

Krym gas field Offshore Black Sea

Odessa gas field[114] Offshore Black Sea 21 billion m3

Schmidta gas field Offshore Black Sea

Shtormvaya gas field Offshore Black Sea

Strilkove gas field Offshore Sea of Azov

Crimea also possesses two oil fields: one onshore, the Serebryankse oil field in Rozdolne, and one offshore, the Subbotina oil field in the Black Sea.

Introducing the Putin Pipelineruble.

It's pure Putin. clap2.gif

If that's the right word for it.

You mean these are the assets that were denied to Hunter Biden ? Shame

[lovetotravel]

As the OP notes.....

Russia, which was first subjected to sanctions after annexing Crimea in March, has been accused of fomenting the armed rebellion in Ukraine's eastern regions.

Here's what Putin took from Ukraine when he seized control of the Crimea and held a "referendum" that had no voter rolls or controls except for Russian goons standing around in polling stations with war weapons.

Known energy fields in the Crimea are,

Dzhankoyske gas field Onshore

Golitsyna gas field Offshore Black Sea

Karlavske gas field Onshore

Krym gas field Offshore Black Sea

Odessa gas field[114] Offshore Black Sea 21 billion m3

Schmidta gas field Offshore Black Sea

Shtormvaya gas field Offshore Black Sea

Strilkove gas field Offshore Sea of Azov

Crimea also possesses two oil fields: one onshore, the Serebryankse oil field in Rozdolne, and one offshore, the Subbotina oil field in the Black Sea.

Introducing the Putin Pipelineruble.

It's pure Putin. clap2.gif

If that's the right word for it.

You mean these are the assets that were denied to Hunter Biden ? Shame

I think you are confusing illegal annexation of a country's sovereign territory with a person who is just a board member of a company providing business services to a foreign country for energy exploration and production. Energy that country owns and services they desperately need. Not a foreign invader. Bit of a difference there. Hope you understand that.

[Harsh Jones]

As the OP notes.....

Russia, which was first subjected to sanctions after annexing Crimea in March, has been accused of fomenting the armed rebellion in Ukraine's eastern regions.

Here's what Putin took from Ukraine when he seized control of the Crimea and held a "referendum" that had no voter rolls or controls except for Russian goons standing around in polling stations with war weapons.

Known energy fields in the Crimea are,

Dzhankoyske gas field Onshore

Golitsyna gas field Offshore Black Sea

Karlavske gas field Onshore

Krym gas field Offshore Black Sea

Odessa gas field[114] Offshore Black Sea 21 billion m3

Schmidta gas field Offshore Black Sea

Shtormvaya gas field Offshore Black Sea

Strilkove gas field Offshore Sea of Azov

Crimea also possesses two oil fields: one onshore, the Serebryankse oil field in Rozdolne, and one offshore, the Subbotina oil field in the Black Sea.

Introducing the Putin Pipelineruble.

It's pure Putin. clap2.gif

If that's the right word for it.

You mean these are the assets that were denied to Hunter Biden ? Shame

I think you are confusing illegal annexation of a country's sovereign territory with a person who is just a board member of a company providing business services to a foreign country for energy exploration and production. Energy that country owns and services they desperately need. Not a foreign invader. Bit of a difference there. Hope you understand that.

Just because an event went against the interests of the US does not make it illegal by any measure. Crimea is an autonomous republic within Ukraine. Crimea has its own constitution. All Russia did was beef up its military presence in the region in accordance with their lease. Mainly because there was a forign sponsored coup in Kiev. Then the Crimean parliament called a referendum to secede from Ukraine. Even under the current Ukrainian law, the parliamentary powers of Crimea are recognized. So the referendum was not even illegal under official Ukrainian law.

Hunter Biden is a board member yeah. He is tasked with trying to get some return on the 5 billion dollars that the US invested in the coup.

[Harsh Jones]

From wikipedia

Council on Foreign Relations http://en.wikipedia.org/wiki/Council_on_Foreign_Relations

The Council on Foreign Relations is an American nonprofit, nonpartisan membership organization, publisher, and think tank specializing in U.S. foreign policy and international affairs.

from the Council of Foreign Relations website. http://www.foreignaffairs.com/articles/141769/john-j-mearsheimer/why-the-ukraine-crisis-is-the-wests-fault

(CFR encourages this article to be Tweeted, Facebooked, Kindled, Emailed or Linked)

Why the Ukraine Crisis Is the West’s Fault

According to the prevailing wisdom in the West, the Ukraine crisis can be blamed almost entirely on Russian aggression. Russian President Vladimir Putin, the argument goes, annexed Crimea out of a long-standing desire to resuscitate the Soviet empire, and he may eventually go after the rest of Ukraine, as well as other countries in eastern Europe. In this view, the ouster of Ukrainian President Viktor Yanukovych in February 2014 merely provided a pretext for Putin’s decision to order Russian forces to seize part of Ukraine.

[lovetotravel]

Just because an event went against the interests of the US does not make it illegal by any measure. Crimea is an autonomous republic within Ukraine. Crimea has its own constitution. All Russia did was beef up its military presence in the region in accordance with their lease. Mainly because there was a forign sponsored coup in Kiev. Then the Crimean parliament called a referendum to secede from Ukraine. Even under the current Ukrainian law, the parliamentary powers of Crimea are recognized. So the referendum was not even illegal under official Ukrainian law.

Hunter Biden is a board member yeah. He is tasked with trying to get some return on the 5 billion dollars that the US invested in the coup.

I think there are a whole bunch of Ukranians who will say the event went against their interest. It is their country after all. Not the west's and definitely not Russia's.

Get your facts straight:

http://en.wikipedia.org/wiki/Autonomous_Republic_of_Crimea

Under Ukrainian law, Crimea is considered an autonomous parliamentary republic within Ukraine,^%5B5%5D which is governed by the Constitution of Crimea in accordance with the laws of Ukraine. The capital of the autonomous republic is the city of Simferopol, located in the center of the peninsula. The city of Sevastopol is a separate administrative unit and is considered a city with special status, like the Ukrainian capital city of Kiev.

.......

However, Russia is allowed to have 25,000 men stationed in Crimea under the terms of a 1997 agreement with Ukraine, [32] although the number of forces present in late February 2014 constituted a violation of Ukrainian-Russian treaty agreement

Politics and government[edit]

Main article: Politics of Crimea

The Autonomous Republic of Crimea is technically an autonomous republic within the unitary state of Ukraine, with the Presidential Representative serving as a governor and replacing once established post of president. The legislative body is a 100-seat parliament, the Supreme Council of Crimea.[58]

The executive power is represented by the Council of Ministers, headed by a Chairman who is appointed and dismissed by the Verkhovna Rada, with the consent of the President of Ukraine.[59][60] The authority and operation of the Supreme Council and the Council of Ministers of Crimea are determined by the Constitution of Ukraine and other the laws of Ukraine, as well as by regular decisions carried out by the Supreme Council of Crimea.[60]

Justice is administered by courts, as part of the judicial system of Ukraine.[60]

[Publicus]

From wikipedia

Council on Foreign Relations http://en.wikipedia.org/wiki/Council_on_Foreign_Relations

The Council on Foreign Relations is an American nonprofit, nonpartisan membership organization, publisher, and think tank specializing in U.S. foreign policy and international affairs.

from the Council of Foreign Relations website. http://www.foreignaffairs.com/articles/141769/john-j-mearsheimer/why-the-ukraine-crisis-is-the-wests-fault

(CFR encourages this article to be Tweeted, Facebooked, Kindled, Emailed or Linked)

Why the Ukraine Crisis Is the West’s Fault

According to the prevailing wisdom in the West, the Ukraine crisis can be blamed almost entirely on Russian aggression. Russian President Vladimir Putin, the argument goes, annexed Crimea out of a long-standing desire to resuscitate the Soviet empire, and he may eventually go after the rest of Ukraine, as well as other countries in eastern Europe. In this view, the ouster of Ukrainian President Viktor Yanukovych in February 2014 merely provided a pretext for Putin’s decision to order Russian forces to seize part of Ukraine.

The author Prof John Mearsheimer doesn't mention of discuss what the Ukranian people think, believe, want. Mearsheimer focuses only on the United States, Russia, the EU. The principal thing he says about Ukraine or the Ukraine people is that they are foolish to make a strategic choice of their destiny, that Ukraine should have no such aspirations as to how they should live.

So here's an article from Foreign Affairs, the journal of the Council on Foreign Relations which also published Mearshmeir's article cited above.

Putin's Fairy Tale Why Russia Will Try -- and Fail -- To Build a New Empire

Vladimir Putin stands in front of a map of Russia in his residence outside of Moscow. (Courtesy Reuters)

Since returning to the Russian presidency in 2012 amid stagnant economic growth and dropping poll numbers, Vladimir Putin has been grasping for a narrative that could legitimize a second decade of his rule.

That search explains, in part, why Putin seized on the crisis in Ukraine. It has allowed him to present a bold new vision for Russia, one based on a promise of a national resurgence, a promise that is hugely appealing for Russians -- in the short term, at least.

But in the long term, Putin’s new national story has only set them up for disappointment and economic pain.

http://www.foreignaffairs.com/articles/141079/alexander-kliment/putins-fairy-tale

[lovetotravel]

http://www.nytimes.com/2014/08/23/world/europe/russia-moves-artillery-units-into-ukraine-nato-says.html

Russia Moves Artillery Units Into Ukraine, NATO Says

WASHINGTON — The Russian military has moved artillery units manned by Russian personnel inside Ukrainian territory in recent days and was using them to fire at Ukrainian forces, NATO officials said on Friday.

The West has long accused Russia of supporting the separatist forces in eastern Ukraine, but this is the first time it has said it had evidence that the Russian military was operating in Ukrainian territory.

The Russian move represents a significant escalation of the Kremlin’s involvement in the fighting there and comes as a convoy of Russian trucks with humanitarian provisions has crossed into Ukrainian territory without Kiev’s permission.

Actions from the benevolent dictator Putin. I don't see how anybody can support his actions now. Impossible.

[Asiantravel]

Not only Russia provoking the West

Chinese fighter jet makes 'dangerous' pass at US Navy aircraft in international airspace

http://www.abc.net.au/news/2014-08-23/chinese-war-plane-made-27dangerous27-pass-at-us-aircraft3/5691406

[Jdiddy]

From wikipedia

Council on Foreign Relations http://en.wikipedia.org/wiki/Council_on_Foreign_Relations

The Council on Foreign Relations is an American nonprofit, nonpartisan membership organization, publisher, and think tank specializing in U.S. foreign policy and international affairs.

from the Council of Foreign Relations website. http://www.foreignaffairs.com/articles/141769/john-j-mearsheimer/why-the-ukraine-crisis-is-the-wests-fault

(CFR encourages this article to be Tweeted, Facebooked, Kindled, Emailed or Linked)

Why the Ukraine Crisis Is the West’s Fault

According to the prevailing wisdom in the West, the Ukraine crisis can be blamed almost entirely on Russian aggression. Russian President Vladimir Putin, the argument goes, annexed Crimea out of a long-standing desire to resuscitate the Soviet empire, and he may eventually go after the rest of Ukraine, as well as other countries in eastern Europe. In this view, the ouster of Ukrainian President Viktor Yanukovych in February 2014 merely provided a pretext for Putin’s decision to order Russian forces to seize part of Ukraine.

The author Prof John Mearsheimer doesn't mention of discuss what the Ukranian people think, believe, want. Mearsheimer focuses only on the United States, Russia, the EU. The principal thing he says about Ukraine or the Ukraine people is that they are foolish to make a strategic choice of their destiny, that Ukraine should have no such aspirations as to how they should live.

So here's an article from Foreign Affairs, the journal of the Council on Foreign Relations which also published Mearshmeir's article cited above.

Putin's Fairy TaleWhy Russia Will Try -- and Fail -- To Build a New Empire

Vladimir Putin stands in front of a map of Russia in his residence outside of Moscow. (Courtesy Reuters)

Since returning to the Russian presidency in 2012 amid stagnant economic growth and dropping poll numbers, Vladimir Putin has been grasping for a narrative that could legitimize a second decade of his rule.

That search explains, in part, why Putin seized on the crisis in Ukraine. It has allowed him to present a bold new vision for Russia, one based on a promise of a national resurgence, a promise that is hugely appealing for Russians -- in the short term, at least.

But in the long term, Putin’s new national story has only set them up for disappointment and economic pain.

http://www.foreignaffairs.com/articles/141079/alexander-kliment/putins-fairy-tale

Bloody Russians, taking over the world, wanting an empire and all

[Harsh Jones]

Not only Russia provoking the West

Chinese fighter jet makes 'dangerous' pass at US Navy aircraft in international airspace

http://www.abc.net.au/news/2014-08-23/chinese-war-plane-made-27dangerous27-pass-at-us-aircraft3/5691406

In both the Russian and Chinese cases, it was an American spy plane in violation of the said countries air space. And in both cases, the American spy plane exited the said air spaces into other airspace illegally.

[F430murci]

Not only Russia provoking the West

Chinese fighter jet makes 'dangerous' pass at US Navy aircraft in international airspace

http://www.abc.net.au/news/2014-08-23/chinese-war-plane-made-27dangerous27-pass-at-us-aircraft3/5691406

In both the Russian and Chinese cases, it was an American spy plane in violation of the said countries air space. And in both cases, the American spy plane exited the said air spaces into other airspace illegally.

Haha, I am sure you have this on "good information" including video and satellite view recordings.

All this talk in this thread about Russia gonna do this, Russia gonna do that, Russia going to sanction the West, Russia going to blow up the dollar, Russia going to cut off the gas, Russia going to team up with China and dump the petrodollar, and the West is going to crumble . . . whateva.

All that has been shown is that Russia is pretty much impotent to do jack and cannot maintain control in the Ukraine filled with Russians right next to Russia. Meanwhile, Dow above 17,000, July housing starts above 1 mil,, housing prices bouncing back, US inflation at .1 last month, yada, yada, yada. You guys keep talking and we will keeping smiling all the way to the bank.

Edited August 23, 2014 by F430murci

[F430murci]

More case in point how little anyone thinks of Putin and just how impotent Russia is, US is about to bomb ISIS in Syria and will do so if US think it is in best interest of US national security. Truth is, Putin can do little or nothing about it and everyone knows it. US cares little what Putin thinks and is not even discussing Putin. If both sides of the aisle says take ISIS out in Syria, that is going to happen.

Rhetoric is rhetoric, but so far only US and Israel actual has the balls and power to do what it takes to protect it people.

Edited August 23, 2014 by F430murci

[craigt3365]

Not only Russia provoking the West

Chinese fighter jet makes 'dangerous' pass at US Navy aircraft in international airspace

http://www.abc.net.au/news/2014-08-23/chinese-war-plane-made-27dangerous27-pass-at-us-aircraft3/5691406

In both the Russian and Chinese cases, it was an American spy plane in violation of the said countries air space. And in both cases, the American spy plane exited the said air spaces into other airspace illegally.

Please don't post incorrect information. In both cases, the American planes were in international airspace...legally.

[Asiantravel]

More case in point how little anyone thinks of Putin and just how impotent Russia is, US is about to bomb ISIS in Syria and will do so if US think it is in best interest of US national security. Truth is, Putin can do little or nothing about it and everyone knows it. US cares little what Putin thinks and is not even discussing Putin. If both sides of the aisle says take ISIS out in Syria, that is going to happen.

Rhetoric is rhetoric, but so far only US and Israel actual has the balls and power to do what it takes to protect it people.

Here is an interview (with English subtitles) with Sergei Glazyev, Vladimir Putin's chief 'integration' adviser on July 24. Makes a lot of sense to me if you can look at things objectively.

"The world today is going through a year of overlapping cyclical crises. This is a period when the global economy is changing as the structure that has driven economic growth for 30 years has exhausted itself.

[lovetotravel]

More case in point how little anyone thinks of Putin and just how impotent Russia is, US is about to bomb ISIS in Syria and will do so if US think it is in best interest of US national security. Truth is, Putin can do little or nothing about it and everyone knows it. US cares little what Putin thinks and is not even discussing Putin. If both sides of the aisle says take ISIS out in Syria, that is going to happen.

Rhetoric is rhetoric, but so far only US and Israel actual has the balls and power to do what it takes to protect it people.

Here is an interview (with English subtitles) with Sergei Glazyev, Vladimir Putin's chief 'integration' adviser on July 24. Makes a lot of sense to me if you can look at things objectively.

"The world today is going through a year of overlapping cyclical crises. This is a period when the global economy is changing as the structure that has driven economic growth for 30 years has exhausted itself.

Absolute BS. I don't know one American who says WW II was good, other than nut jobs. This guy has lost the plot. Stopped the video as soon as he said this. I guess Putin's actions make sense if this is an example of his advisers.

[Publicus]

More case in point how little anyone thinks of Putin and just how impotent Russia is, US is about to bomb ISIS in Syria and will do so if US think it is in best interest of US national security. Truth is, Putin can do little or nothing about it and everyone knows it. US cares little what Putin thinks and is not even discussing Putin. If both sides of the aisle says take ISIS out in Syria, that is going to happen.

Rhetoric is rhetoric, but so far only US and Israel actual has the balls and power to do what it takes to protect it people.

Here is an interview (with English subtitles) with Sergei Glazyev, Vladimir Putin's chief 'integration' adviser on July 24. Makes a lot of sense to me if you can look at things objectively.

"The world today is going through a year of overlapping cyclical crises. This is a period when the global economy is changing as the structure that has driven economic growth for 30 years has exhausted itself.

The guy is an absolut blowhard. People advocating this zany smirnoff stuff are not in contact with reality.

Moscow and/or Beijing suddenly selling off U.S. dollar holdings would inflate the currency of each to Zimbabwean dimensions and trigger domestic collapse and unrest in each country. Advocates want global chaos as the only way they can see to destroy modern economics in favor of a return to the pie in the sky gold standard.

And if the antiquated gold standard is brought back - which absolutely will not happen - the economies of Russia, the CCP-PRC, Brics countries along with the rest of the world would sustain zero growth, less than zero growth, very small growth, indefinitely. This is because the gold standard cannot support a global or a 21st century economy.

Frankly, even a mildly serious attempt by any government to return to the gold standard would introduce the very high risk of global warfare as in military conflict.

These people are fevered, nuts, flat out Mad Max types who care not for either you or I. They care only for their 19th century ideological dogmas and for a Hobbesian global economic disaster.

Why Gold Would Be Useless in an Economic Apocalypse

When an economy goes full-on Mad Max and we're all reduced to bartering, the survivors are going to be more interested in useful goods than in a soft metal useful mostly for ornamental purposes.

Part of gold's value as a commodity is derived from the fact that it can easily be traded across borders. But if that were no longer an option, and you were reduced to using bullion to buy a baguette, it wouldn't really matter what people in China or India were willing to pay for your gold.

Seriously, stick with the canned goods.

http://www.theatlantic.com/business/archive/2013/12/why-gold-would-be-useless-in-an-economic-apocalypse/282662/

[lovetotravel]

I guess Putin's not been telling the truth this whole time? Luckily, pretty much everybody knew this, except those reading Russian websites. Watch the video of the captured Russian soldier. Love his personal opinion:

http://www.nytimes.com/2014/08/27/world/europe/ukraine.html

MINSK, Belarus — Ukraine released video clips on Tuesday of what it said were captured Russian soldiers, raising tensions as President Vladimir V. Putin of Russia met in Minsk, the capital of Belarus, with his Ukrainian counterpart, President Petro O. Poroshenko.

In earlier peace talks between lower-ranking officials, Moscow’s position on its role in the conflict in eastern Ukraine has prevented discussion of what Ukrainian officials regard as the key to stopping the conflict: a Russian willingness to acknowledge, and halt, its support for rebels in the cities of Luhansk and Donetsk.

“It makes it very difficult to negotiate anything when Putin says he is not involved,” Michael A. McFaul, a former United States ambassador to Moscow and now a professor at Stanford University, said in a telephone interview.

[Asiantravel]

More case in point how little anyone thinks of Putin and just how impotent Russia is, US is about to bomb ISIS in Syria and will do so if US think it is in best interest of US national security. Truth is, Putin can do little or nothing about it and everyone knows it. US cares little what Putin thinks and is not even discussing Putin. If both sides of the aisle says take ISIS out in Syria, that is going to happen.

Rhetoric is rhetoric, but so far only US and Israel actual has the balls and power to do what it takes to protect it people.

Here is an interview (with English subtitles) with Sergei Glazyev, Vladimir Putin's chief 'integration' adviser on July 24. Makes a lot of sense to me if you can look at things objectively.

"The world today is going through a year of overlapping cyclical crises. This is a period when the global economy is changing as the structure that has driven economic growth for 30 years has exhausted itself.

The guy is an absolut blowhard. People advocating this zany smirnoff stuff are not in contact with reality.

Moscow and/or Beijing suddenly selling off U.S. dollar holdings would inflate the currency of each to Zimbabwean dimensions and trigger domestic collapse and unrest in each country. Advocates want global chaos as the only way they can see to destroy modern economics in favor of a return to the pie in the sky gold standard.

And if the antiquated gold standard is brought back - which absolutely will not happen - the economies of Russia, the CCP-PRC, Brics countries along with the rest of the world would sustain zero growth, less than zero growth, very small growth, indefinitely. This is because the gold standard cannot support a global or a 21st century economy.

Frankly, even a mildly serious attempt by any government to return to the gold standard would introduce the very high risk of global warfare as in military conflict.

These people are fevered, nuts, flat out Mad Max types who care not for either you or I. They care only for their 19th century ideological dogmas and for a Hobbesian global economic disaster.

Why Gold Would Be Useless in an Economic Apocalypse

When an economy goes full-on Mad Max and we're all reduced to bartering, the survivors are going to be more interested in useful goods than in a soft metal useful mostly for ornamental purposes.

Part of gold's value as a commodity is derived from the fact that it can easily be traded across borders. But if that were no longer an option, and you were reduced to using bullion to buy a baguette, it wouldn't really matter what people in China or India were willing to pay for your gold.

Seriously, stick with the canned goods.

http://www.theatlantic.com/business/archive/2013/12/why-gold-would-be-useless-in-an-economic-apocalypse/282662/

Rubbish! If gold is so useless then why don't the usa paper traders but out of the market and stop these regular slam downs that occur every week?

Just let the Chinese the Indians and the Russians deal in the real thing.

I have far more confidence in the Asians perspective as to how gold will be regarded (based on historic facts as well) than the paper gold traders in USA.

[Publicus]

Here is an interview (with English subtitles) with Sergei Glazyev, Vladimir Putin's chief 'integration' adviser on July 24. Makes a lot of sense to me if you can look at things objectively.

"The world today is going through a year of overlapping cyclical crises. This is a period when the global economy is changing as the structure that has driven economic growth for 30 years has exhausted itself.

The guy is an absolut blowhard. People advocating this zany smirnoff stuff are not in contact with reality.

Moscow and/or Beijing suddenly selling off U.S. dollar holdings would inflate the currency of each to Zimbabwean dimensions and trigger domestic collapse and unrest in each country. Advocates want global chaos as the only way they can see to destroy modern economics in favor of a return to the pie in the sky gold standard.

And if the antiquated gold standard is brought back - which absolutely will not happen - the economies of Russia, the CCP-PRC, Brics countries along with the rest of the world would sustain zero growth, less than zero growth, very small growth, indefinitely. This is because the gold standard cannot support a global or a 21st century economy.

Frankly, even a mildly serious attempt by any government to return to the gold standard would introduce the very high risk of global warfare as in military conflict.

These people are fevered, nuts, flat out Mad Max types who care not for either you or I. They care only for their 19th century ideological dogmas and for a Hobbesian global economic disaster.

Why Gold Would Be Useless in an Economic Apocalypse

When an economy goes full-on Mad Max and we're all reduced to bartering, the survivors are going to be more interested in useful goods than in a soft metal useful mostly for ornamental purposes.

Part of gold's value as a commodity is derived from the fact that it can easily be traded across borders. But if that were no longer an option, and you were reduced to using bullion to buy a baguette, it wouldn't really matter what people in China or India were willing to pay for your gold.

Seriously, stick with the canned goods.

http://www.theatlantic.com/business/archive/2013/12/why-gold-would-be-useless-in-an-economic-apocalypse/282662/

Rubbish! If gold is so useless then why don't the usa paper traders but out of the market and stop these regular slam downs that occur every week?

Just let the Chinese the Indians and the Russians deal in the real thing.

I have far more confidence in the Asians perspective as to how gold will be regarded (based on historic facts as well) than the paper gold traders in USA.

Gold based currencies is 19th century and would take the world back to the 19th century.

If not the 13th century.

It's a Mad Max design, purpose, intent, goal.

Global chaos.

Consciously caused global chaos.