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Author | Topic: The War in Europe | |||||||||||||||||||||||||||||||||||||||||||
Tangle Member Posts: 9516 From: UK Joined: Member Rating: 4.8
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Phat writes: If Putin beats us, it will be through dethroning the dollar itself. Apart from nuclear and hypersonic missles, he has no weapons with which to defeat us. Yeh, right, a country with a smaller economy than Spain, that's under sanction from all the Western economies and funding a draining war is going to undermine the dollar? It he defeats anyone it'll be a part of poor old Ukraine and only because the West didn't have the balls to release funds and weapons fast enough.Je suis Charlie. Je suis Ahmed. Je suis Juif. Je suis Parisien. I am Mancunian. I am Brum. I am London. Olen Suomi Soy Barcelona. I am Ukraine. "Science adjusts it's views based on what's observed.
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Taq Member Posts: 10085 Joined: Member Rating: 5.1
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Phat writes: If Putin beats us, it will be through dethroning the dollar itself. Then he has a snowball's chance in hell of beating us. The dollar is the only game in town for the next few decades. No other country has anything close to the money supply, stability, or reduced conflict of interest in trade that the US has. Only about 10% of the US GDP is from trade while nearly half of Russia's GDP is from trade. The world won't use a currency for trade if the country holding that currency is so heavily tied into trade. It's too easy for them to manipulate their own currency for the upper hand in trade. Not to mention that Russia doesn't have 1% of the money needed to fulfill the volume of daily international trades and the Ruble's value is plummeting compared to the dollar. BRICS is pretty much 90% China, and China won't let their money leave their country. Currently, there aren't even any other pretenders to throne of de facto international currency of choice.
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Tangle Member Posts: 9516 From: UK Joined: Member Rating: 4.8
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Well finally
Sweden formally joins Nato military alliance - BBC NewsJe suis Charlie. Je suis Ahmed. Je suis Juif. Je suis Parisien. I am Mancunian. I am Brum. I am London. Olen Suomi Soy Barcelona. I am Ukraine. "Science adjusts it's views based on what's observed. |
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Percy Member Posts: 22505 From: New Hampshire Joined: Member Rating: 4.9
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Aljazeera today reports that As Putin eyes sure reelection, Russia’s economy defies sanctions, critics:
quote: So much for sanctions.
quote: Told ya, nyah, nyah.
quote: And neither have the Russian people turned against Putin, though that's only because all meaningful opponents are in jail or dead.
quote: I wonder what predictions the IMF is making now that we don't yet know we should ignore. Naturally conditions in Russia are dire:
quote: And there's nothing we can do because Putin is threatening the nuclear option. Ukraine? Take it. Moldova? It's yours. Estonia? Really? But they're one of the few NATO countries exceeding 2% of GDP spending on defense. But you insist? Well, okay, just don't drop those bombs. Poland? Oh, come on, not Poland. But you'll start dropping those bombs? Okay, okay, take Poland. And take Hungary while you're at it, he likes you anyway. --Percy
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Taq Member Posts: 10085 Joined: Member Rating: 5.1 |
Percy writes: And neither have the Russian people turned against Putin, though that's only because all meaningful opponents are in jail or dead. Re-establishing the Russian Empire probably is popular amongst ethnic Russians. The demographics of ethnic Russians is really horrible, so they probably only have 1 or 2 generations left before they can even attempt something like this. Russia has also scared away all of the countries that they needed for industrial technology, especially for oil production. While they may have short term success, the long term doesn't look that bright at the moment.
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Percy Member Posts: 22505 From: New Hampshire Joined: Member Rating: 4.9
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When he took office and for months afterward, House Speaker Mike Johnson's future seemed to be one of doormat for House MAGA Republicans, but he has shown occasional signs of a backbone, and an op-ed piece at CNN says he has experienced a Churchillian moment. High praise, especially in this era where we dethrone and scapegoat even our most cherished dead heroes.
To say that Mike Johnson is new and experienced in the House Speaker role is an understatement. He isn't the greenest of the green, but he's pretty green, rising from the backbenches to the speakership. Nonetheless he not only demonstrated considerable courage in standing up to the MAGA branch of his party from which he sprang, but also considerable skill in piloting a $60 billion bill for Ukraine through the House even while putting his own job in peril. The reasoning Johnson described showed considerable acumen, and rather than try to paraphrase the CNN account I shall quote it:
CNN: Well, yes, of course. That is obvious to all but the MAGA branch of the Republican party which wants to turn its back on the world and pretend that what happens there does not affect us here. If not for Churchill and Roosevelt during WWII the Nazi Party might yet be running all of Europe, including Great Britain. The MAGA position is that America's NATO allies are freeloading off the American defense umbrella. But even if they were doing nothing for their own defense and putting the entire burden on us, we would suffer nearly as much as they should Europe fall to Russia. Loudmouths Marjorie Taylor Greene and Matt Gaetz, among others, want Johnson's head for this betrayal of their manic desire for one-party-faction rule. Who knows where it will end, but we could, and might yet, have far worse speakers than Mike Johnson. --Percy
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LamarkNewAge Member Posts: 2424 Joined: Member Rating: 1.2 |
Israel is witness to the fact that Zelinski and Russia were about to sign a peace deal, Israel brokered, until Boris Johnson bullied and used intimidating interference to kill the deal?
That one has credibility.
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LamarkNewAge Member Posts: 2424 Joined: Member Rating: 1.2 |
It is on the record.
Boris Johnson is a liar. The 2022 reports were accurate. Israeli Prime Minister confirmed recently that the reports of Johnson's intimidating were CORRECT WE NOW HAVE THE HISTORIAN'S DREAM OF EYEWITNESS REPORTS FROM CREDIBLE WITNESSES !
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Tanypteryx Member Posts: 4451 From: Oregon, USA Joined: Member Rating: 5.0 |
Link? Source?
Stop Tzar Vladimir the Condemned! What if Eleanor Roosevelt had wings? -- Monty Python One important characteristic of a theory is that it has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie If evolution is shown to be false, it will be at the hands of things that are true, not made up. --Percy The reason that we have the scientific method is because common sense isn't reliable. -- Taq Why should anyone debate someone who doesn't know the subject? -- AZPaul3 If you are going to argue that evolution is false because it resembles your own beliefs then perhaps you should rethink your argument. - - Taq
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Tanypteryx Member Posts: 4451 From: Oregon, USA Joined: Member Rating: 5.0 |
Link? Source?
Stop Tzar Vladimir the Condemned! What if Eleanor Roosevelt had wings? -- Monty Python One important characteristic of a theory is that it has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie If evolution is shown to be false, it will be at the hands of things that are true, not made up. --Percy The reason that we have the scientific method is because common sense isn't reliable. -- Taq Why should anyone debate someone who doesn't know the subject? -- AZPaul3 If you are going to argue that evolution is false because it resembles your own beliefs then perhaps you should rethink your argument. - - Taq
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Phat Member Posts: 18349 From: Denver,Colorado USA Joined: Member Rating: 1.0 |
Percy writes: You did your homework in this post! I predict that History will show us that we essentially were hoisted on our own petard when we bagan to weaponize the U.S. Dollar. As reported by many news outlets yesterday, With Russian economy far from collapse, U.S. opts for tougher punishment. In other words, more sanctions. As pointed out several times in this thread, sanctions don't work. That we still have a range of sanction options available to us is one of the reasons. All the many sanctions we've added since the initial round means that we are always leaving many sanction options on the table. One other reason sanctions don't work is that the target always finds other trading partners or relies more on domestic sources. Another reason, at least when dictators are involved, is that there are paltry political costs from a suffering citizenry. And executing political opponents works marvelously for squashing opposition. We weren't serious enough in providing military aid at the outset of the war to give Ukraine sufficient advantage within its own borders. Military aid was far too slow in ramping up (and still is), in the early stages usually because of unsubstantiated fears that arming Ukraine too strongly would incite Russia to go nuclear. All we accomplished was guaranteeing a longterm stalemate resulting in greater suffering. Fun fact that many might already know: Ukraine was prepared to take out Russia's Black Sea fleet using StarLink communications provided by Elon Musk, but Musk, citing a fear that Russia would go nuclear, blocked StarLink from working anywhere near Russian ports or fleets.Essentially, our sanctions forced the need for an alternative financial network apart from dollars. Omni writes: In the case of our present economic "boom" (some would argue otherwise) the wars have done little except to fire up our military-industrial complex and prevent (or delay) an economic downturn. We shot the dollar in the head, and the bleeding won't likely stop until a financial reset. What that will look like is unclear at the moment.
War is big business. As long as it's conducted somewhere else, war means immense wealth and power to the right people. The billions of dollars sent to Ukraine largely return to U.S. producers of munitions and other war materiel. (...)I smile when I see references to the Post-War Boom -- there was no post-war. An existential world war was downsized to a sustainable operation with maximized returns. Nothing moves money around like war, but war also has great utility in social and political management. Congress lards the budget with more than the military requests, then directs that bacon to bases and factories in key voting districts. More jobs, more money; more votes, more money; more war, more money. Nothing shores up political support at home like a good enemy. War may offer the best return on otherwise idle youth, always a volatile political demographic. No doubt Putin is delighted to empty his prisons and literally dragoon the unemployed to throw into Ukraine with little to no training. Boost the ranks, lower prison rolls and costs, remove a poor and restive set: win-win-win. You worry that proxy wars will break the bank. They make us rich. They break our souls.
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Phat Member Posts: 18349 From: Denver,Colorado USA Joined: Member Rating: 1.0 |
Tany in 2022 writes: BRICS in 2024 is gearing up to do exactly what Russia alone could never do and which we instigated by weaponizing the dollar.
Russia has no economic power to "crash" the US dollar. Their economy just is not that significant on the world stage. Anything they do is going to have a larger negative effect on the Russian economy. Meanwhile, the world is tightening the screws on their economy also.
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Phat Member Posts: 18349 From: Denver,Colorado USA Joined: Member Rating: 1.0 |
Percy writes:
Trump and the Magats could care less about where they make their fortunes. Even if the dollar crashed, those leeches would only start sucking off the BRICS economy. reasoning Johnson described showed considerable acumen, and rather than try to paraphrase the CNN account I shall quote it:
CNN: Well, yes, of course. That is obvious to all but the MAGA branch of the Republican party which wants to turn its back on the world and pretend that what happens there does not affect us here. If not for Churchill and Roosevelt during WWII the Nazi Party might yet be running all of Europe, including Great Britain. The MAGA position is that America's NATO allies are freeloading off the American defense umbrella.But even if they were doing nothing for their own defense and putting the entire burden on us, we would suffer nearly as much as they should Europe fall to Russia. The jury is still out on how to save the US Dollar.
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Phat Member Posts: 18349 From: Denver,Colorado USA Joined: Member Rating: 1.0 |
LNA in 2022 writes: Soon, BRICs will have lots of wealthy "black friends". The dominance of the West is coming to an end. (We still have our military for all of the good it will do us. The Pew Research Center did not like the pro Putin results, from 2017, so now only white nations get polled.It would be different if you were a "person of the south" who suffered from NATO aggression. NATO invaded Libya, and destroyed it. Countless humans were killed. But it is just fine to invade a sovereign nation if they are not Anglo or very white. CNN tells us that every day. Fox News Sunday seemed to feel that way. FOX had the audacity to bring on their "black friend", Condi Rice, to tell us how bad it was to "invade a (white) sovereign nation", while CBS (They "have lots of black friends") had hosts that gave a history of Russian military events since 2008, starting with their lies about Georgia. You harped a lot about "white privilege" back in 2022. Are you of a more balanced position now in 2024? Message 14LNA writes:
I know that S.Africa is a part of BRICS now. Not sure about Nigeria.
What do you know about the big "African giants" - South Africa and Nigeria?LNA writes: That sounds a bit incredulous but may explain why Boris Johnson got booted. Israel is witness to the fact that Zelinski and Russia were about to sign a peace deal, Israel brokered, until Boris Johnson bullied and used intimidating interference to kill the deal?The Geopolitics has changed a bit now that Israel is at war. The Christian Endtimers have long predicted a war pitting Israel against Russia, Iran, and other unidentified states...likely Syria. The jury is out on whether the US would get involved or not. Our economy will likely be imploding by that point. If it happens at all. And Israel is not a white fascist nation except for the European Zionists at the top.(I would label them more as antifa, due to the legacy of Hitler) There is hope for them, in my opinion. I look at things less racially than I used to do. The youth of the world clearly are not as racist as their parents were(are).
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Tanypteryx Member Posts: 4451 From: Oregon, USA Joined: Member Rating: 5.0
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Phat in Message 1002 writes: BRICS in 2024 is gearing up to do exactly what Russia alone could never do and which we instigated by weaponizing the dollar. Thanks for letting me know, but I'm curious why you decided to post a contentless comment on this old post. You seem to spend your life running around yelling "the sky is falling" about a hundred different threats you fear will collapse the U.S. economy.
and which we instigated by weaponizing the dollar. Can you explain specifically what U.S. policy you are referring to by "weaponizing the dollar?" And just what specifically is BRICS doing to "gear up" and just what exactly are they planning to do that Russia could never do? And just exactly when did they start sharing their world domination plans with you?Stop Tzar Vladimir the Condemned! What if Eleanor Roosevelt had wings? -- Monty Python One important characteristic of a theory is that it has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie If evolution is shown to be false, it will be at the hands of things that are true, not made up. --Percy The reason that we have the scientific method is because common sense isn't reliable. -- Taq Why should anyone debate someone who doesn't know the subject? -- AZPaul3 If you are going to argue that evolution is false because it resembles your own beliefs then perhaps you should rethink your argument. - - Taq
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