Written by Patrice Greanville March 4, 2022 By Patrice Greanville A repugnant, cloying exhibition of conformist "art" at NYC's opera house, in the service of a murderous Nazi-infested regime. ABOVE (Official caption) —On Feb 28, before the opening night performance of Verdi's Don Carlos, the audience observed a moment of silence, followed by the Ukrainian national anthem, performed by the Met Orchestra and Chorus and conducted by Music Director Yannick Nézet-Séguin. Videography by Pete Scalzitti / Met Opera.
I have been watching the markets and reading several websites that could be considered right wing, but on the libertarian side decrying any interference in foreign nations by the US military. The comments are highly favorable that the US should not be attacking anyone.
More interesting is watching the money/US$ flow. Prices of commodities are skyrocketing, partly from supply breaks, but probably from some simple war profiteering. The stock market is wavering downward as the days go by, and by appearances the money is going into precious metals. All this actually favours Russia regardless of what happens to the ruble.
Domestically, the ruble is still a ruble, it will be imports that increase in value. As well, Russia has demonstrated a clear capacity to advance in areas where sanctions are applied - agriculture being a particular success to counter European sanctions. As oil prices soar, as commodities soar (wheat for one) and gold and silver, Russia's economy will find itself on reasonable grounds. Add in its relationship with China, and that a good portion of the world is not going along with US desired sanctions, a real turning point in the power of the US$ may be very close.
Inflation will take off; the antidote is raising interest rates; the result would be a massive debt default avalanche throughout the western banking system; or alternately, massive printing to cover the debt (QE 5?) would hyperinflate the dollar to worthlessness. With large stores of gold between China and Russia, with minimal debt attachments - other than China owning US debt - and an alternative to the SWIFT system of transfer payments ready to go, the US economy can only crash. The "rest of the world" will then hopefully tie into the new system - we'll never know as it would be beyond regulatory surveillance of western banks and SWIFT and probably the CIA as well.
Just some thoughts from perusing various websites.
I have been watching the markets and reading several websites that could be considered right wing, but on the libertarian side decrying any interference in foreign nations by the US military. The comments are highly favorable that the US should not be attacking anyone.
More interesting is watching the money/US$ flow. Prices of commodities are skyrocketing, partly from supply breaks, but probably from some simple war profiteering. The stock market is wavering downward as the days go by, and by appearances the money is going into precious metals. All this actually favours Russia regardless of what happens to the ruble.
Domestically, the ruble is still a ruble, it will be imports that increase in value. As well, Russia has demonstrated a clear capacity to advance in areas where sanctions are applied - agriculture being a particular success to counter European sanctions. As oil prices soar, as commodities soar (wheat for one) and gold and silver, Russia's economy will find itself on reasonable grounds. Add in its relationship with China, and that a good portion of the world is not going along with US desired sanctions, a real turning point in the power of the US$ may be very close.
Inflation will take off; the antidote is raising interest rates; the result would be a massive debt default avalanche throughout the western banking system; or alternately, massive printing to cover the debt (QE 5?) would hyperinflate the dollar to worthlessness. With large stores of gold between China and Russia, with minimal debt attachments - other than China owning US debt - and an alternative to the SWIFT system of transfer payments ready to go, the US economy can only crash. The "rest of the world" will then hopefully tie into the new system - we'll never know as it would be beyond regulatory surveillance of western banks and SWIFT and probably the CIA as well.
Just some thoughts from perusing various websites.