Are the ethics of this sort of political activity likely to help or hurt the former Soviet Union?

[tupac chopra]

FWIW (apologies for poor translation)
http://deutsche-wirtschafts-nachric...er-russland-und-china-gewinnen-gegen-die-usa/

Folker Hellmeyer: For me, the conflict has already been decided. The axis Moscow-Beijing-BRIC wins. There you have the West had enough. 1990 these countries accounted for about 25% of world economic output. Today, they represent 56% of world economic output, for 85% of world population. They control about 70% of the world's foreign exchange reserves. They grow annually by an average of 4% - 5%. Since the United States were not prepared to share power international (eg votes in the IMF and World Bank), to build in the emerging markets sector on its own financial system. There lies the future.

The EU is currently being drawn into the conflict, which the United States caused because she did not share power and want to share and thus sterilized in their own development opportunities. The longer we pursue this policy in the EU, the higher the price, the less one will take us seriously as an interlocutor.

Without Moscow and Beijing can not solve any problem in the world. The US could act much more pragmatic than we could imagine today, in fact. The absence of the EU and Germany's own agenda can seem like a loser.

 

[fromderinside]

Well then Jayjay, just call me nuts. The world economy is based not so much on money or trust as it is based on power. Sure money is supported, but its not gold, its trust, and trust translates to power given the way both the US and Europe are handling low inflation booms not based on anything more than sophisticated ways to trade paper. So lets put faith and trust in one's promises to bed.

We print money, buy up bonds and inflation stays at less than 2%. Are you going to tell me that our 17 trillion dollar debt is meaningful? Come on. Nations rush to buy up the US. Why? We're the preeminent economic engine? No the US is the preeminent military power in the world. Others can't manufacture or sustain large military budgets because their citizens won't permit it. Check Europe and Japan.

Yes we can pick and choose who we pay off. Yes we can pay debt by printing money. Why because our allies depend on us to stand up to external threats tho lead against petty megalomaniacs and send our ditital well trained lethal thing out there and kill in bundles. The price they pay? They pay the price we choose they pay.

Russia on the other hand is a corrupt failed nation. Its only means of assertion is blackmail and wanton use of its human fodder if it can keep their support. Russia went all capitalist so when money gets short they have a huge confidence problem. No confidence,no willing bodies. With China we threaten to default what we owe them and they'll come around. They'll put it in their little book, but, they'll come around. We may have to pay in a century or two, but, that's not now and that won't help Russia.

Russia failed. Its toast. It gave up it's empire. When was the last time a nation recovered its empire. Try never. They're toast. Call me a jingo nut, but that's the way things work and we are the sun, as our ambassador told the world in 1968, and the democracies and other economies are revolving around us. That was what was delivered when the world went off the gold standard, let it rest in piece. That is still the case.

We are the language and bank of world business. We support that with a military that we use to demonstrate just how we can treat those who aren't thankful.


nasty words. True words.

We are generally benign with our friends and charitable with our enemies, but, when push comes to shove we'll do with what we have which is power.

No other explanation is needed to explain Bush. Obama can't help but continue since he has come to learn the instruments he heads.

 

[tupac chopra]

Yes we can pick and choose who we pay off.

I think from the context you are saying that you can choose which creditors you pay? How would this work though? The T Bills are fungible, and they trade in well established markets that are crucial to the whole system.

Yes we can pay debt by printing money.

This is happening now in a roundabout way.As securities mature they must be paid out, and that money comes by new debt.I presume you mean they can make a few $1Trillion coins and clear the whole amount
It might be a delicate job keeping inflation at 2% if you make too many of them though

 

[barbos]

The US isn't "forcing" Europe to sanction Russia. It seems to be a popular Russian narrative to portray US as the root of all evil, and Europe as its hapless victim who just goes along but doesn't really want to, but that's bullshit. It's Europe that's taking a stand here and not the US.

Well, they are certainly forcing some of the Eastern Europe countries (Hungary for example)
And the loudest pro-sanctions countries just happened to be the ones who have the least to lose (GB, US)

 

[barbos]

Well then Jayjay, just call me nuts. The world economy is based not so much on money or trust as it is based on power. Sure money is supported, but its not gold, its trust, and trust translates to power given the way both the US and Europe are handling low inflation booms not based on anything more than sophisticated ways to trade paper. So lets put faith and trust in one's promises to bed.

We print money, buy up bonds and inflation stays at less than 2%. Are you going to tell me that our 17 trillion dollar debt is meaningful? Come on. Nations rush to buy up the US. Why? We're the preeminent economic engine? No the US is the preeminent military power in the world. Others can't manufacture or sustain large military budgets because their citizens won't permit it. Check Europe and Japan.

Yes we can pick and choose who we pay off. Yes we can pay debt by printing money. Why because our allies depend on us to stand up to external threats tho lead against petty megalomaniacs and send our ditital well trained lethal thing out there and kill in bundles. The price they pay? They pay the price we choose they pay.

Russia on the other hand is a corrupt failed nation. Its only means of assertion is blackmail and wanton use of its human fodder if it can keep their support. Russia went all capitalist so when money gets short they have a huge confidence problem. No confidence,no willing bodies. With China we threaten to default what we owe them and they'll come around. They'll put it in their little book, but, they'll come around. We may have to pay in a century or two, but, that's not now and that won't help Russia.

Russia failed. Its toast. It gave up it's empire. When was the last time a nation recovered its empire. Try never. They're toast. Call me a jingo nut, but that's the way things work and we are the sun, as our ambassador told the world in 1968, and the democracies and other economies are revolving around us. That was what was delivered when the world went off the gold standard, let it rest in piece. That is still the case.

We are the language and bank of world business. We support that with a military that we use to demonstrate just how we can treat those who aren't thankful.


nasty words. True words.

We are generally benign with our friends and charitable with our enemies, but, when push comes to shove we'll do with what we have which is power.

No other explanation is needed to explain Bush. Obama can't help but continue since he has come to learn the instruments he heads.

Yes, you are nuts.

 

[tupac chopra]

The US isn't "forcing" Europe to sanction Russia. It seems to be a popular Russian narrative to portray US as the root of all evil, and Europe as its hapless victim who just goes along but doesn't really want to, but that's bullshit. It's Europe that's taking a stand here and not the US.

Well, they are certainly forcing some of the Eastern Europe countries (Hungary for example)
And the loudest pro-sanctions countries just happened to be the ones who have the least to lose (GB, US)

And I don't think Bulgaria pulled out of Southstream because they thought losing all that revenue was a good idea.

 

[tupac chopra]

Larry Summers: The Past Month May Go Down as a Turning Point for U.S. Economic Power

"This past month may be remembered as the moment the United States lost its role as the underwriter of the global economic system. True, there have been any number of periods of frustration for the US before, and times when American behaviour was hardly multilateralist, such as the 1971 Nixon shock, ending the convertibility of the dollar into gold. But I can think of no event since Bretton Woods comparable to the combination of China’s effort to establish a major new institution and the failure of the US to persuade dozens of its traditional allies, starting with Britain, to stay out of it."

 

[fromderinside]

I think the 'fear' (China likely having veto power) bit in the graphic is a bit over the top. China and Russia will contributing minority of funds, check it out. If you expect such as India, South Korea, Indonesia, Turkey, Saudi Arabia, and the like to go along with China on controversial decisions, somebody's wildly mistaken.

Don't expect Chinese to become the language of business any time soon.

 

[fromderinside]

I think from the context you are saying that you can choose which creditors you pay? How would this work though? The T Bills are fungible, and they trade in well established markets that are crucial to the whole system.

So you think that printing money isn't a solution although you say it is below. Come on now. We aren't that compartmentalized are we?

Yes we can pay debt by printing money.

This is happening now in a roundabout way.As securities mature they must be paid out, and that money comes by new debt.I presume you mean they can make a few $1Trillion coins and clear the whole amount
It might be a delicate job keeping inflation at 2% if you make too many of them though

Why? If world order is maintained and the money is used reasonably shouldn't supply and demand still rule the day. I'm just pointing out we don't need to be in financial debt to sell bonds. They are a measure of our strength albeit not in the sense they were designed. If you're saying our form of payment somehow weakens our relative strength in the world I'm going to be in the front row hooting. I'm pretty satisfied that a well educated population and a well trained military are the actual strengths that the world depends upon. Money changes can go hang themselves.

 

[fromderinside]

Well, they are certainly forcing some of the Eastern Europe countries (Hungary for example)
And the loudest pro-sanctions countries just happened to be the ones who have the least to lose (GB, US)

And I don't think Bulgaria pulled out of Southstream because they thought losing all that revenue was a good idea.

Bulgaria tried to go capitalist and democratic without the underpinnings necessary. They are a failed socialist (ne communist) state. Their hearts yearn for the love of a slave master, but, they forget that they threw that over because of the abject poverty it left their people in when they were previously under it. They'll learn again I'm afraid unless they get their act together.

 

[fromderinside]

And I don't think Bulgaria pulled out of Southstream because they thought losing all that revenue was a good idea.

Bulgaria tried to go capitalist and democratic without the underpinnings necessary. They are a failed socialist (ne communist) state. Their hearts yearn for the love of a slave master, but, they forget that they threw that over because of the abject poverty it left their people in when they were previously under it. They'll learn again I'm afraid unless they get their act together.

Gee. Did tupac chopra go into hiding just because I pointed out a couple little bitty flaws in eastern totalitarian history governments?

OK. Maybe that's a good idea.

 

[arkirk]

Bulgaria tried to go capitalist and democratic without the underpinnings necessary. They are a failed socialist (ne communist) state. Their hearts yearn for the love of a slave master, but, they forget that they threw that over because of the abject poverty it left their people in when they were previously under it. They'll learn again I'm afraid unless they get their act together.

Gee. Did tupac chopra go into hiding just because I pointed out a couple little bitty flaws in eastern totalitarian history governments?

OK. Maybe that's a good idea.

Man! This is one confusing thread. I have never seen Fromderinside so radical! My question is radical what?