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U.S. Propaganda: It’s Not Just False but Absurd
U.S. Propaganda: It’s Not Just False but Absurd
It’s so ridiculous, no intelligent and informed person would give it any serious consideration whatsoever. It insults the public’s intelligence.
Here’s a typical example of the ridiculousness of U.S. propaganda: On July 16th, the U.S. State Department issued a «Ukraine Travel Warning». It says:
«The Department of State warns U.S. citizens to defer all travel to Crimea and the eastern regions of Donetsk and Luhansk, and recommends those U.S. citizens currently living in or visiting these regions to depart…
Russia-backed separatists continue to control areas in the Donetsk and Luhansk Oblasts. Despite the signing of a ceasefire agreement by representatives of Ukraine, Russia and the OSCE, violent clashes between combined Russian separatist forces and Ukrainian forces continue in parts of the eastern regions of Donetsk and Luhansk, resulting in thousands of injuries and deaths. The ceasefire agreement established a de facto dividing line between Ukrainian government-controlled and separatist-held areas of Ukraine, with numerous checkpoints controlled by government and separatist forces. Individuals, including U.S. citizens, have been threatened, detained or kidnapped for hours or days after being stopped at separatist checkpoints…
The Department of State also warns U.S. citizens to defer all travel to the Crimean Peninsula, which is occupied by Russia. The Russian Federation is likely to take further actions in Crimea throughout the remainder of 2015 consistent with its attempted unlawful annexation and occupation of this part of Ukraine. The international community, including the United States and Ukraine, does not recognize this purported annexation. The Russian Federation maintains an extensive military presence in Crimea and along the border of eastern Ukraine…»
…click on the above link to read the rest of the article…
The Great Oil Game: Resource Crisis in Russia?
Complex structures, such as states and empires, are always prone to collapse and they usually give little or no previous warnings. The collapse of the Soviet Union, indeed, had not been predicted by anyone and it came completely unexpected. In the present crisis, instead, Western analysts seem to have fallen in the opposite mistake, predicting the rapid demise of the Russian Federation. But that didn’t happen. On the contrary, the Russian economic system showed a remarkable resilience and it strongly rebounded after a bad moment, last year. (image below from Bloomberg).
So, predicting collapses is always very difficult in a world’s situation that looks more and more like a Russian Roulette (an appropriate name in this context), but played with nuclear weapons. It might well be that some states which at present look very solid could be the ones to experience a sudden and unexpected Soviet-style implosion (let me not say which ones these states could be).
Let’s go more in depth in this matter. The collapse of Russia was expected in the West mainly as the result of the recent crash of the world’s oil market. That repeated the situation of the late 1980s, when the old USSR was bankrupted by a similar effect: a rapid fall of oil prices which strongly reduced the revenues from oil exports.
…click on the above link to read the rest of the article…
S&P Cuts Russia To Junk, Ruble Plunges To 6-Week Lows – Full Text
S&P Cuts Russia To Junk, Ruble Plunges To 6-Week Lows – Full Text
With the Ruble having plunged 3 handles today alone, it appears perhaps more than a few could see this coming…
- RUSSIAN FEDERATION RATINGS CUT TO JUNK BY S&P
- RUSSIAN FEDERATION CUT TO BB+ FROM BBB- BY S&P; OUTLOOK NEG
Putting it below investment grade for the first time in a decade. Of course, this happens just 6 days after the news first leaked that S&P would pay a $1.5 billion settlement to the US DoJ over downgrading America: one wonders just what else was in the small print?
The downgrade comes on a day when The Russia Agriculcural Bank failed to sell 10Y bonds into the market. Russian stocks (ADRs) and the Ruble continue to slide on this news.
Here are a few countries that are now rated higher than Russia…
…click on the above link to read the rest of the article…
Peculiarities of Russian National Character
Peculiarities of Russian National Character
Whereas prior to these events the Russians were rather content to consider themselves “just another European country,” they have now remembered that they are a distinct civilization, with different civilizational roots (Byzantium rather than Rome)—one that has been subject to concerted western efforts to destroy it once or twice a century, be it by Sweden, Poland, France, Germany, or some combination of the above. This has conditioned the Russian character in a specific set of ways which, if not adequately understood, is likely to lead to disaster for Europe and the world.
Lest you think that Byzantium is some minor cultural influence on Russia, it is, in fact, rather key. Byzantine cultural influences, which came along with Orthodox Christianity, first through Crimea (the birthplace of Christianity in Russia), then through the Russian capital Kiev (the same Kiev that is now the capital of Ukraine), allowed Russia to leapfrog across a millennium or so of cultural development. Such influences include the opaque and ponderously bureaucratic nature of Russian governance, which the westerners, who love transparency (if only in others) find so unnerving, along with many other things. Russians sometimes like to call Moscow the Third Rome—third after Rome itself and Constantinople—and this is not an entirely empty claim. But this is not to say that Russian civilization is derivative; yes, it has managed to absorb the entire classical heritage, viewed through a distinctly eastern lens, but its vast northern environment has transformed that heritage into something radically different.
…click on the above link to read the rest of the article…
