The Federation of Indian Export Organizations (FIEO) announced today they are likely to have the financial mechanism for a Russia-India currency exchange and trade process in place within a week. Previously, India announced their decision to continue purchasing oil from Russia despite the western sanctions. Prime Minister Modi is a pragmatic, tactical and shrewd business-minded politician.
India is becoming a major player in the geopolitical world, as recognized by former President Trump during his Indo-Pacific trade partnership discussions. The population of India is over 1.4 billion people, and they are industrializing as a more democratic counterbalance to China. Prime Minister Modi has been a key political leader in generating economic alliances to the benefit of his nation, while maintaining a prudent stiff-arm toward the influence of major multinational corporations.
(Via CNBC) – India is expected to announce a payment arrangement that would allow trade with Russia to continue, the president of an Indian exporters’ association told CNBC’s “Street Signs” on Wednesday.
The so-called rupee-ruble trade mechanism could come as early as next week, according to A Sakthivel, president of the Federation of Indian Export Organisations (FIEO). The FIEO, a government-backed association representing over 200,000 exporters, oversees India’s export promotion councils.
India’s finance ministry and the Reserve Bank of India have not commented so far on the mechanism, which would let Indian exporters continue their business with Russia even after Western sanctions restricted international payment mechanisms. The arrangement would also allow India to buy Russian energy exports and other goods.
Sakthivel said the Indian government is working on a proposal to allow four to five nationalized Indian banks to be engaged in the trade, and there have been consultations between the central bank governor, the finance minister and banks. (more)
REMINDER – Stand back and look at the biggest of the big pictures.
A Build Back Better society, or “great reset”, is factually underway as triggered by the gateway of SARS-CoV-2 and the massive spending by western nations to subsidize the lockdowns, shut-downs, economic closures and forced unemployment.
Global inflation is being driven not only by the American spending spree, but also by the massive government spending programs of the EU, U.K, New Zealand, Australia, Canada and many western nations.
The bills for those subsidies and bailouts are due. The labor of the citizens is going to have to pay those bills, while simultaneously we deal with inflation and massive debt balances on all nations’ balance sheets.
Into this mix comes the very real possibility of a declining U.S. trade dollar, as a result of geopolitical conflict between the west and Russia, China, Iran and OPEC in the geography of Ukraine. The financial sanctions by NATO and western allies have factually created a rift in currency exchange valuations.
As the proverbial west hammers those sanctions even harder and more deliberately, what they are doing is creating a stronger and greater likelihood that the dollar will be removed as the global trade currency, and we will enter a phase where two sets of nations exist:
One set of nations will run their economy on oil, gas and fossil fuels. The other set of nations will be focused on running their economic engine on the premise of sustainability, or renewable energy.
The sanctions toward Russia actually help to drive this chasm even wider.
To me, this looks entirely purposeful – done by specific intent and design.
Two world groupings. One group, oil-based energy (traditional) – let’s label them the RED GROUP; and one group GREEN energy (the build back better plan). It is not accidental these two groups hold similar internal geopolitical views and perspectives.
♦ The important part to see is… there are going to be two sets of nations with two structurally different economies. A red group and a green group.
These two groups are going to end up in competition with each other. It is as inevitable as sunrise, if you can see this cleaving I am talking about.
Now, think about the economic system of trade that exists between the Red and Green groups. There has to be a way for them to exchange value if they are going to purchase from and sell to each other.
Additionally, and this is *key*, the Red group is going to have a strong strategic advantage in production costs. The Red group is going to be using oil, coal and gas (fossil fuels), which are abundant, cheap and the infrastructure is already in place.
The Green group is going to be at a strong disadvantage, at least for a generation or two, as the costs associated with the production of goods and systems is going to be much more expensive to operate, as the transition into Build Back Better sustainable or renewable energy takes place.
In the macro view, stuff from the Red group is going to be cheap. The exact same stuff from the Green group is going to be more expensive.
If you are still with me, hopefully, you can see how this is all coming together.
♦ The western debt incurred during COVID-19 is a problem. However, this debt diminishes with inflation. A $20 trillion debt is not as big a problem when bread costs $100/loaf and people are earning $50,000 a month. The Green group is entering into this position. In this position, the BlackRock approach of physical ownership of real estate and physical stuff is way more important than holding money or dollars which will immediately lose value. Physical ownership of stuff is important.
♦ It is likely, based on the economic alignment, the Green group will be forced to assemble under one currency (set of financial valuations), and the Red group will then assemble under their own currency (set of financial valuations). My hunch is the western group (green) will use a digital currency.
Once both sets of currencies are established, then trade between the Red group and Green group can be determined based on a central valuation done by, say, The World Bank. In the Red group, a 20″ tire is worth 100 red bucks. In the Green group, a 20″ tire is worth 150 digital green bucks. Two vaults and two exchanges.
In order for all of this to come together, the population needs to be shifted in their perspective of money and material value. That takes us back to where this conversation started: “owning nothing and being happy” is akin to “prizing experiences over possessions.”
The Western (green) financial mega-system operators are going to own the physical assets, and the people will live under that ownership – a modern structure of serfdom so-to-speak. In the largest nations within the Red group, that social system (essentially) already exists – India is a prime example.
If we can get President Trump back into office, and then rally massive support around him, he will dismantle this handbasket they are determined to put us into. However, I see no one else who is even remotely up to this challenge. We need Trump!
And all of the lefties will be cheering their dementia addled sock puppet as they wait in ’round the corner bread lines, wondering how PDJT caused the price to skyrocket to $145 a loaf.
Bernie Sanders said “breadlines were a good thing.”
Glad I learned how to make tortillas.
$15 dollars an hour!
Hope you can grow and process wheat.
Our region here in southern British Columbia is home to tens of thousands of Sikhs.
I know and socialize with a significant number.
Their insights are far, far superior to the average drivel that comes out of our native born neighbours.
The ones I talk to are buying up Real Estate and Gold at an even greater pace than in past years.
One gets a chuckle at the local media parroting Western Nations talking points.
Modi Xi and Putin are light years of the dolts that run western nations.
Cheers!
Why we have apparently ignored or abandoned India is beyond me except it would be the sort of malicious thing I would expect of the puppet master. My cat is 16 and he is a cranky bastard but I am sure he could do a better job on foreign policy as Joe ALWAYS gets it wrong.
It is a very interesting development. Even though Kamala’s mother is of Indian origin, this administration seems to side with China and others over India. My friends in India (including ex-military and ex-intel officers) have been warning about the end of the petro dollar since Biden was elected.
The only guess I have is the Silicon Valley has way more vested interests in China than in India. And SV dollars are what put Biden-Harris in the position they are now.
We need Trump back.
If we get Trump back with a cooperative Congress, we should amend the Constitution to require energy independence as a national security issue. That could include nuclear and exclude wind an solar except for in well defined limited areas.
If an amendment is not possible, at least major legislation not subject to executive orders.
Yeah, because the left is loyal to the Constitution. That should work SWIMMINGLY.
Yes, and pharmaceuticals
And steel.
Yes shrink the debt, see what the $1000 bond you store your money in buys in when you get the $ 1000 back in 10 years. Don’t spend all that 2% interest in the meantime.
What does Brandon offer for solutions? India wants to save money on energy.
He offers his contempt .
Meanwhile we are ruled by nut-jobs and incompetents.
We are officially a kakistocracy, 1530. We are the textbook definition of one.
A government run by
1. The worst
2. The least qualified
3. The most unscrupulous
A tweet from the President of El Salvador, Nayib Bukele …
“The most powerful country in the world is failing so fast, that it makes you rethink what are the real reasons.
Something so big and so powerful can’t be destroyed so quickly, unless the enemy comes from within.”
Precisely.
In other words, if a government was intent on cratering its country in record time, what else different would they be doing now?
Not a damn thing.
Can’t think of a single thing.
That it takes a president from a country most here would consider third world to speak the unvarnished truth is quite something. Someone needed to say it out loud. Anyone here saying it would be censored and banned. Bravo, President Bukele.
Confiscation of private property for redistribution
Freezing bank accounts
Confiscating retirement savings
Cancelling elections, even the ones they win by cheating
Allowing foreign citizens to hold any elected office
Creating a monarchy and naming a King for Life
Ordering the military to shoot people in the streets
The way things are going, these may be on the docket by summer. Maybe those are things that are planned post-cratering.
The speed at which things are happening indicates-to me at least-one of two things: either the Ruling Class elites are very confident of success with little to no pushback no matter what they do, or they are very scared of something–thus the haste.
This is the age when the ignorant and brain dead reign.
When the intelligent and competent are required to sit back in silence and agreement.
required=acquiesce
There are some brave patriots standing in the gap. It would be far less difficult on them if the right fought back the wrong. Just not happening yet.
Your first sentence, I agree with. Your second? Some may do this.
I’ve never been known to keep quiet. And I’ve never, will never, agree by being silent. I may be required to acquiesce… but I’ve been obstinate my whole life, and I’m too old to change now. Old dogs, new tricks come to mind. B
Great one ma’am. I consider the illegitimate criminal Biden Admin to be a bunch of Muppets. Look at them. Biden,Harris,Buttiegeg,Austin,Blinken,Levine etc A cast of criminals, traitors, incompetents, and deviants.
The worst as you have so eloquently/truthfully said.
Good evening, Colkitto. People of low morals and intelligence, seasoned with a hefty dose of greed and a sense of their own infallibility, mixed with a predilection towards corruption. Liars all. Tragic.
Blessings to you, C🙏. B
Ty so much my favorite poster! Some say the Rhodesians were more British than the British. Amongst the bravest of the brave. Perhaps this will cheer you up my friend.
Oh cheers, good sir. I shall watch this evening. And I think you’re right. More British than the Brits. And how the British repaid their loyalty was appalling.
Exactly as they treated people from Hong Kong when they disgracefully abandoned them in cowardly, spineless abdication, knowing the Chinese wouldn’t abide by the agreement. I could have wept for them all on the night it was “celebrated”. Thank you, Colkitto💓B
That’s actually more accurate than my favorite (at least it was my favorite up until your post), “Idiocracy”.
Although comparing the idiots who were government officials in the movie by the same name to the criminals currently running all four branches of the current federal government, maybe the movie name was just a dumbed-down version of kakistocracy so that idiots like me would understand it without having to look it up in an online dictionary… 🤣 😉
😂…I’ve know a fair few idiots, but you, GB, are NOT one, my friend. I think it’s an ugly looking and ugly sounding word, appropriate for what it is. It is the first descriptive word I always think of now when I think of this country.
Did you ever think you’d see the day?? B
I only knew what kakistocracy was due to Jack White/Raconteur’s song ‘Intimate Secretary’
I second Miss Jones on her assessment of you mate.
He really is a good egg, C.
BTW, I’m “Bet” to my good friends here and elsewhere. I do wish you’d call me that. 😊
We are experiencing an economic and cultural murder-suicide on a national scale.
But Joe blow is such a tough guy.
“More Russian sanctions, I don’t care if it kills the American people”
Soon our dollar will be worth only the price of recycled paper per lb. people have no clue what is coming and it’s not the military.
Hold on to your cash!
When there is the next t.p. shortage, the dollar will become valuable again.
What currencies would be a good place for your cash other then America?
precious metals…..buy some gold and silver coins.
Swiss Francs aren’t what they use to be, but are still among the strongest of currencies. https://www.thebalance.com/swiss-currency-how-to-invest-in-and-buy-swiss-francs-1978923
Thanks, wanted some other options besides gold and silver.
rubles lol
buy low sell high
I’m actually thinking seriously of buying Indian Rupee assets. Country has high growth – and the Red group (Sundance’s analysis) will enjoy high growth with lower inflation.
Haven’t pulled the trigger yet – but will probably do so in the next week or two.
Years ago, my dad had me read “Paper Money” by Skousen.
Very relevant today.
Skousen’s Report is still out there friend. I read the first expose of the Federal Reserve by a guy who worked at the Library Of Congress and lost his job after his “Secrets of the Federal Reserve” was published.
If you can control the media, and the printing of money, you can control “Western” “Democracy”. That’s why the communists switched over to “Democracy” like the evil Robert Mugabe & Joe Slovo’s puppet Nelson mandela in SA. Both countries are now cesspools of shortages, crime, corruption. Sh–holes like Democrat run into the ground cities/counties/states in the US
You are so right.
I just never thought I’d see the type of hyper inflation described, but it’s coming.
Before “Western Democracy” was installed via terrorism and sanctions, it was a prosperous and beautiful nation called “Rhodesia”. They were the bravest people of their time. Slainte friend
Zimbabwe and Hyperinflation
I am wondering.what the fly on the wall is hearing George Soros reacting to this news . . .
hoping Modi is on to Soros and is keeping his troublemakers out.
Soros has been very vocal about getting us more involved in the conflict in the Ukraine. Thar should tell you everything you need to know.
CFR Soros, the rulers of America, though they work for a group above them.
Amen, brother. We need Trump.
There Must Always Be Two Worlds
https://fullspectrumdominoes.wordpress.com/2020/04/06/there-must-always-be-two-worlds/
Local first generation Sikhs just bid up a “tear down” 60 year old wood frame $250,000 to $1,900,000.
Inflation is coming at an accelerated pace of the likes not witnessed, unless one is in Argentina or the like.
We ordered an i gas fireplace install for a friend from a Supplier $2,500 this week.
He says the same install in a week to ten days would cost $4,000😟
This is long overdue. SOMEthing has to shut down the arrogant dollar-denominated territorial hegemony of western nations, and put an end to debt financed on the backs of poor and working people in the non-Communist nations.
Exports add to GDP and imports come off of GDP.
If you import oil, you are exporting GDP to some other country.
Looking at it from that standpoint, it appears that Western countries are trying to operate within a closed system that does not feed wealth to the rest of the world.
Without exporting wealth, world trade would necessarily contract.
India would never abandoned Russia. So no surprise there. China is going to prop up Russia only from the standpoint that it wants to keep the heat off of them from the West. They want to see if Russia could tie up the West enough to enable their territorial ambitions (Taiwan and Siberia).
The West really is so wedded to globalism, a euphemism for China and Russia dependence. The idea of globalism was to wed the fate of adversaries together in trade. So Europe depends on Russia for energy and US depends on China for goods. In turn, Russia and China relies on their counterparts for hard currency, assets, investments and technology. Trade was seen as substituting for security, as interdependent nations don’t go to war with each other. It also keeps the West at the top of the relationship, as China and Russia and the like are producing for Western markets. The West merely have to manage their finances (Federal Reserve) to obtain all the goods they need to function economically.
Trump exposed the flaws in this system. The debt in the US is mounting as all of the production have been offshored. The hard currency going to nations like China and Russia was being funneled into military expenditures beyond mere defense, espionage, bribery in Western nations, forced technology transfers, IP theft and brazen election interference. China, the lead developing nation, was becoming a superpower with our help and is on track to surpass the USA economically in the next 5-10 years.
Biden is a fool. The Ukraine war will prove to be the biggest blunder in US history. It could mark the point where the US bit off way more than it could chew and a reorienting of the global order not seen since the end of WW2. Out of this debacle could emerge China as the undisputed global hegemon, while the US is left picking up the pieces.
Excellent analysis. I would add only that the US will be one of the pieces picked up by others.
… in 3 years, not 5-10.
Translation: Too Late for President Trump.
… UNLESS … 🤫
. . . Do go on . . . 😉
Which administration pushed India toward Russia. That was an idiotic move.
India has always been a Russian ally, but if you want to look back in history, I would say this goes back to the Cold War, when India aligned with the USSR prompting Pakistan to align with the USA. That alliance with Pakistan kept the US at arms left from India until 9-11 attacks, which caused relations with Pakistan to sour. Discovering Bin Laden was being protected by Pakistani intelligence, further strained US-Pakistani relations, the US began moving towards India, while Pakistan moved towards China.
Trump finally ended US aid to Pakistan and Pakistan and China formed CPEC, which is China’s largest OBOR project. Trump moved the US closer to an alliance with India but with that alliance, it was important for the US to establish better ties with Russia. Essentially, Russia and India is combo deal. You can’t really have an alliance with India apart from Russia and Russia is not going to be left out of any relationship with India, since it views India as a strategic ally that balances out China on the Asian continent.
Biden has a Nixonian view of Asia, where the US has stronger ties with China, thus Pakistan, than it does with India, thus Russia. Biden does not view China, the way Trump did. If he did, he would understand how crucial Russia is to any type of containment strategy against China.
As with most of the foreign policy establishment in Washington, Biden is stuck in the Cold War. There was a time when China and Pakistan were essential US allies against the Soviet Union, because that was our key adversary. Trump tried to change this thinking and orient it with China as the primary adversary. This would mean that to contain China, the US should seek out better relations with Russia and India. Well, we know how that was thwarted…
To be accurate:
After India’s independence in 1947, it was governed by an elite that had socialist tendencies, especially Nehru. They gravitated towards Russia, who was more than happy to lend a helping hand. The US sadly went and aided Pakistan – especially their military.
After Nehru’s daughter, Indira Gandhi, was thrown out in the 80’s, and a more right wing coalition led the country, India started moving more towards the west. This was accelerated by the huge growth of Indian Americans and Indians in the UK.
Modi really put this in high gear, and the US-India relationship reached it’s zenith with Trump and Modi.
At this point, because of the past, much of Indian military hardware is Russian – with some French and Indian hardware thrown in. Modi’s focus is to take that to 100% Indian, but that will take time. He has to stay neutral for now.
And you are right about Biden’s view of China – though I strongly suspect it has to do with Silicon Valley dollars.
Great discussion today. Points quite plainly to things like this would never have happened under Trump
Any short summary of 34 min you wish me to watch?
He didn’t paint a rosy picture, the sanctions on Russia are having ripple effects on unexpected elements of the world economy. Expect our inflation to become much worse. The Russians are moving to control Ukrainian shipping ports, Kiev is not the aim. World hunger is possible as some countries are wholly dependent on Ukrainian grain. The dollar will remain the reserve currency for a while as the reserve currency requires a mature bond market. Russia and China are flush with gold and can create a gold backed currency. Liquidity crisis coming, buy property, gold or stable natural resource stocks, oil, metals etc.
Good video worth watching,
US Dollars are fungible.
Rupees or rubles, not so much.
Somebody will have to take all these rupees suddenly in circulation.
To buy what? Bollywood movie tickets?
We had the wheel. Very hard to re-invent.
Unless the world needs things & services from Russia & India.
In which case Dollars become those Buggy Whips in our rear view mirror.
In the 1930’s the US was bankrupt.
They revalued gold so they could print more money.
The war came and Europe was destroyed.
We benefited from the war, selling stuff to Europe.
We had a trade surplus until about 1960, then it went negative.
We started living above our means.
We started stacking IOU in other central banks.
Other countries could figure it out and wanted gold instead of dollars
We were essentially bankrupt a second time.
We ended the gold standard and went to floating rate currencies.
All central banks were stacking IOU’s on each others balance sheet.
The debt is unpayable.
We are bankrupt a third time.
The value of western currencies is a game of let’s pretend.
The treasonous/criminal “Free Trade” deals also did allot of monetary damage. You are spot on. The banker scum took allot of my ancestors money from their “banks”.
Probably only those who are buying calling center services will want the Rupees.
Yes we do need Trump.
I’ll never forget what these incredibly small brained “greenies” did to our country.
And the OBiden Administration has schiff all over its face while they destroy this country.
However, I see no one else who is even remotely up to this challenge. We need Trump!
Amen!
Orange Man Great!!
The most pathetically dishonest of the whole Green New Bull Shit scam is there is actually zero basis for the climate idiocy. All a farce. Finally glad I’ve been stock piling gold and silver for 50 years
Wish I had been stockpiling gold and silver for the same duration. All I saved was a few tons of lead, copper, and brass.
I wish I would have started sooner!
The non Western world understands that dealing with the West means being forced to accept cultural Marxism. This is the lone form of imperialism that the West still attempts to force upon everyone else. The rest of the world is fine with the West killing itself through cultural Marxism but has no wish to follow suit. Leftists have become so used to forcing their policies down the throats of domestic opponents, that they now feel they can do it to foreign countries as well.
As the left never stops but has to be stopped, non Western countries are turning to whatever alternatives let them keep Western corruption and NGO’s and “color revolutions” from wrecking their own cultures.
While VP, Biden threatened to withhold $1 Billion to Ukraine if they didn’t fire their Prosecutor General investigating Hunter.
Biden’s 2022 spending bill gives $13.6 Billion to aid Ukraine .
This week Biden announces $1 billion military aid to Ukraine.
Hunter’s million dollar DOD funded bio lab in Ukraine.
WHY are taxpayers funding the Biden’s criminal enterprise in his proxy fight with Russia?
It feels like we are getting screwed!
It’s non consensual, so more like raped.
nah…..if its a liberal prosecutor, it’ll only be forcible entry………….
Sundance’s answer to the problem is exactly correct: we desperately need our President Trump back in his rightful office.
President Trump is de facto the leader of the Free World with the emphasis on “Leader.”.
There is not one politician out there who can do what our President did with both hands tied behind his back.
And I do not want to hear ONE word from fake conservative writers who are now coming up with ridiculous excuses as to why our President should not run again.
I have read some of these essays in sites like American Thinker, American Greatness, Breitbart, etc. I’m sure you guys have seen them too.
Bottom line- President Trump was cheated out of a massive election victory and is the rightful Leader of the Free World and Commander in Chief. He is not too old, not does he have too many negatives and his base of millions of MAGA patriots is still loyal and strong.
I love Ron DeSantis and a few of the others, but they will not be able to turn things around the way that President Trump will be able to do. They are young enough to be able to carry on the Trump Legacy in 2028.
Meanwhile- to anyone who dares to say that our President should forget about running again, I say f**k off.
Look at the catastrophe we are living in today because he is not at the helm.
Look around and realize that this man was the only thing protecting us from the nightmare of the Bidenista /Soros/Schwab/
NWO filth that is running the world.
#TRUMP24MAGA
I’m a Forever Trumper!
BRAVO! WELL SAID, SIR. WELL SAID!
IMHO, we need DeSantis in FL to continue the cleanup of leftist dogma and make sure that FL doesn’t become another swing state target for voter fraud
Agree; Florida had a close call with that other character who lost to DeSantis; way too close for comfort.
Yes, more and more in Australia are now realizing the anti-Trump propaganda that they bought into was fake.
Patriots here have always known Trumps Nationalist policies were the key to real world order.
Still lots of zombies,though the division in narrowing.
Seneca, you are always spot on and your post above is no exception. I join with you. On the positive side, all corrupt people (including Rinos) are now fully exposed and we can see all of them, and Trump sees them too. When our president Trump is put back in, all hell is going to break loose in rounding up these criminals…besides the finishing of the southern wall, we’re going to need more prisons for these rat bastards.
Thanks for your kind words.
I agree with your sentiments- right the hell on!
👍. 👍
” In the Red group, a 20″ tire is worth 100 red bucks. In the Green group, a 20″ tire is worth 150 digital green bucks. Two vaults and two exchanges.”
We kinda have the same system- where, right on the dollar bill is written- “for all debts public and private.”
The government has spent money for decades like it was water, the private citizen has to scrimp and save just to be able to pay their taxes.
The money has different value depending on who created it. The printing press or the shovel.
When they go to a digital currency nothing will be private.
Big brother wants every invisible dollar he can get.
But, but, but….
Where will Nancy Pelosi live?
She had to move out of her created utopian socialist California to the freedom state of Florida.
After she turns the US into the “green group”….which “red group” country will she flee to?
She’s not fleeing California.
She’s metastasizing her malign influence.
Hell awaits her.
She won’t live in FL long. Most thinking people here hate her and will be pleased to arrange for her to leave.
She’ll find it a wee bit different than Cali….she should be very careful going on airboat rides in the Everglades…
I think we are missing a piece to this puzzle. Take a look at Peter Zehian and his work with geopolitics. He looks at demographics and a whole lot more. There is more to this puzzle and we are missing many pieces.
They hate the USA. They can’t take down the world without taking down the USA.
But we don’t need a “federal reserve bank.” All we need is the greenback — constitutional currency. That will be our way forward and no more after that will there be a “debt ceiling” constantly being raised. There will be FOIA transparency into the dealings of this country. No more secrets. No more “missing billions” or “missing trillions.”
Yes, John Titus (who works with Catherine Austin Fitts) mentioned that in this video (toward the end)–he showed a quote of a monetary expert saying we should return to greenbacks. Titus also said that the problem is that the US borrows its money into existence (by going into debt to private bankers at the Federal Reserve who simply create it out of thin air) when it could simply issue currency into existence as Abraham Lincoln did.
Ur Federal Reserve cancer Rx is ready for pickup
https://www.thirdworldtraveler.com/Banks/Money_Masters_quotations.html
Colonel Dick Taylor to President Abraham Lincoln about how to finance the Civil War:
Get Congress to pass a bill authorizing the printing of full legal tender treasury notes … and pay your soldiers with them and go ahead and win the war with them also. … The people or anyone else will not have any choice in the matter, if you make them full legal tender. They will have the full sanction of the government and be just as good as any money; as Congress is given the express right by the Constitution. [in 1862-63 President Lincoln printed up over 400 million dollars of the new bills, called Greenbacks because of the green color of the bill’s back, and financed the Civil War – at no interest]
President Abraham Lincoln – The Government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the Government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government’s greatest creative opportunity. By the adoption of these principles … the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity.
The Bankers in the City of London saw Lincoln’s greenbacks a threat to their power, especially if other nations caught on (they could all break free of debt slavery to private bankers who created money out of thin air):
Editorial in the London Times about President Lincoln’s issuing of full legal tender Treasury notes (Greenbacks) during the Civil War, 1962-63:”If this mischievous financial policy which has its origin in North America, shall become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without debt. It will have all the money necessary to carry on its commerce. The brains and wealth of all countries will go to North America. That country must be destroyed or it will destroy every monarchy on the globe.
Highly recommend reading Ellen Brown’s Web of Debt (though monetary policy can be a dry topic, it’s a quick and entertaining read).
As I see it this scenario will dictate that we drill for much more oil and gas to supply our allies and keep our petro dollar competitive. I do not see distinct red and green teams here. Red + green = yellow and yellow we will be as will Europe.
Add the reserves of metallic ores we refuse to mine and forests we are not cutting. Yes, we might damage the environment a bit. Better to have a bit dirtier country than not have a country. If done right, we can extract that value and keep it clean. It will cost a bit more but the world will pay.
Just backing you up friend. Less immigrant invaders, less green house gases, less pollution, less democrat/globalist voters, more open spaces, and less need for Oil & Gas.
It’s been many decades since I read 1984, but I recall the world was divided into three major political spheres, at least two of which were always at war, the Dystopia that was the center of action, at one point ending its war with one enemy, starting afresh with the other, and changing alliances just as fast, with the Ministry of Truth quickly papering over the change as if the new had always been there. War is necessary to totalitarians to maintain control.
BRICS represents a new global economic powerhouse with much of Asia, and major partners in South America and South Africa. They appear to be maturing as an International Trading and bank of settlements operation. Next up may the splitting of the US from the EU – it will weaken the US, finishing the destruction of our Global Hegemony which we have self-initiated over the last 30 years. Boom, 1984 will arrive in the next few years.
Frankly, I’d welcome the US pulling back from its self-destructive “police force for the world” policies. There was deep wisdom in Washington’s desire to stay out of foreign entanglements on the other side of the world.
In other words, our ‘leaders’ want us on the losing side.
No way. The real ‘Great Reset” is about ready to happen. To them.
Petrodollar is dead. – F. Nietzsche
The Petrodollar was the deal with the devil. Saudi Arabia is where “Wahabbism” springs from, and all its CIA sponsored terrorists plaguing the world. They are in Mozambique now, a formerly beautiful and prosperous nation until its Western government and peoples driven out.
Sundance, I will take this one step farther. The nations in the Red group will trade almost exclusively with one another. They will not trade with the Green group in any meaningful fashion. Instead, they will simply purchase outright those tangible assets in Green nations (above all, farmland, ranch land, timber, and the like) that are of value to them, utilize as little native born labor as possible, and transport the product via their own transportation companies to their countries. Once they have taken what they need from us, we shall be producing nothing of value with which to purchase their goods.
Do you see where those millions of illegals are going to fit into the new scheme of things?
Many Indians and others have reached postions of influence in allot of Western nations through cultural marxist programs like Affirmative Action here in the United Soviet Socialist States Of America.
Democrat Senator Jim Webb shocked the Democrats during the 2016 primaries when on stage he discussed how discriminatory (racist )against White people Affirmative Action is.
Sen. Webb Tackles PreferencesWebb feels viscerally that policies that treat all whites as privileged, regardless of wide variations in their socio-economic background and circumstances, make a mockery of the liberal ideal of equal justice.
https://www.huffpost.com/entry/sen-webb-tackles-preferen_b_659567
I wonder if the next US attacks will be on India, now! Seems to be the pattern. The US must be fuming!
The Democrats have many Indian operatives. For every Kash Patel how many Jayapal” are there? She is a very nasty woman. Allot of these Justice Democrats backing the CFR Soros Squad in Congress are the offspring of non-western heritage Americans who embrace collectivist/totalitarian government programs from their ancestors culture/society.
Look for action on the H1B visa front.
I have read about many Chinese owning big corporations in other asian countries like Indonesia where Obozo lived for years with his step daddie who has ties to the Bushes. Here is the Gupta’s who control SA now that “refugeee’s” descendents who were welcomed into SA in the 1930’s offspring morphed into Globalist/Communists to destroy it like Joe Slovo & co. Now Indians like the Gupta’s control SA. (Though China controls much of Africa itself now that the Christian well run governments were destroyed)
“State Capture”: How the Gupta Brothers Hijacked South Africa Using Bribes Instead of Bullets
https://www.vanityfair.com/news/2019/03/how-the-gupta-brothers-hijacked-south-africa-corruption-bribes
We MUST grease the skids for PDJT this year. Vote MAGA up and down local state and federal. If a candidate doesn’t show MAGA credentials theyre not considered. We saw what the bastards in DC did to Trump they can’t be allowed to do it again. Being republican is not enough. The uniparty is to become extinct. This is for all the marbles or we all sink. Putin is upsetting the state department and the WEF right now. We do the same peacefully here and maybe the heart reset becomes the great defeat of the left and it’s globalist backers.
Two steps. We build momentum for our preferred candidates and support them and stand behind them as they do our job for us. It is a three year plan and we are well into the first year.
Liberals never have forethought as to the consequences of their actions. Sure, they may be intentionally destroying the economy, but there will be many severe and unintended consequences they have not considered.
Anyone else feeling that Trump needs to be Speaker when the Republicans gain control of the House? He needs to be on the inside as a neutering device for the last 2 rotten years of the Biden admin. Then he gets elected President for 4 and gets things back on track before turning over the reins to DeSantis.
President Trump commented about this scenario quite a while ago. If I remember right, he thought it was an “interesting” idea.
Any chance that could happen? Oh please!
Not coincidental that Trudeau made the deal this week with the NDP. Basically insuring he stays in power regardless of what comes next. Or how even more unpopular he becomes.
He immediately began demonizing the truck convoy leaders with even more charges. Jail time too for what they interpret as ‘hate speech.’
Bet on Canada being the canary in the coal mine for the new world order. The first to mandate digital currency for instance. The banks responded instantly against convoy donors. They are ready to pull the trigger when Trudeau says so.
Trudeau is essentially an untouchable dictator, relishing his role. With every MSM media source abundantly paid off and a public mostly compliant and easily manipulated the WEF has free reign to comfortably experiment at will.
Pathetic that his tiny vote percentage has translated into this disaster. Thanks a lot Ontario and Quebec.
The propaganda is off the charts folks, “they” NATO+ from what I understand is reminding everyone that a chemical attack is coming from Russia. Remember WMD’s and all chemical attacks since then? That’s how NATO gets involved. What Biden said in Poland is 100% True.
Americans are in Ukraine now and they are watching and waiting for this so called WMD to occur. That seems to be the plan.
Bio labs and denials of bio labs but quick to blame Russia which was Rubio’s tactic.
This is very real now. It’s time to start paying attention to every word spoken.
👍
People either forget or do not know why NATO was created. To counter the Soviet lead Warsaw Pact. When the Warsaw pact was abolished, NATO should have been also. That was the whole reason for its existence. When its opponent was demolished, NATO should have been dismantled.
NATO committed war crimes in the Balkans, assisted neo-Nazis, future Al-Qaeda terrorists, and criminal scum from the KLA
Get rid of NATO. PDJT was right about them like he was right about almost everything
And whats more the Russians can get all the ivermectin they ever needed…. Wonder if they will start to use what works
Along the same vein as the lead article is this piece by Trend Compass
THE “HIGH PRICE” RUSSIA WILL PAY FOR UKRAINE INVASION
Over the past few weeks I pointed out that the West’s financial and economic sanctions enacted to “punish” Russia will in fact inflict more pain on western economies than on Russia. The sanctions lit a fuse beneath the prices of many commodities including energy, metals and agricultural-related goods. In the medium and longer term, this will only benefit Russia which will not only earn more dollars for its exports, but also turn these dollars into twice as many rubles with which it covers its budget items, including paying for the War in Ukraine.
This outcome was so easily predictable, that it calls to question the judgment of Western policy makers. This in fact was confirmed in a long but highly informative recent interview with Scott Ritter, former UN weapons inspector, who explained that all the key positions in the US State Department are staffed with ideologues and that the department got rid of real Russia experts a long time ago. Nuanced, reasonable approach to policy making had been purged and replaced with a zealous pursuit of ideological objectives, disregarding the costs and consequences.
Unsurprisingly, this has caused by now visible rifts between the State Department and the Pentagon, which still employs competent professionals and experts and which is resisting the calls for ‘no-fly’ zone and peace-keeping incursions into Ukraine. The rift is exemplified in a remarkable article published this week in Time magazine, citing views from Pentagon military experts that are at odds with the mainstream narrative.
Another aspect of this conflict was Russia’s seemingly bumbling act to leave a large proportion of their reserves in custody of their adversaries’ central banks making them an easy target for confiscation. As Scott Ritter pointed out, it was strange that the Russians made it so easy for the west to ‘freeze’ their assets and that in military conflict, when an enemy gives you an easy target, usually it is a trap. Indeed, it now appears that this was the intention: yesterday Vladimir Putin declared that by freezing Russia’s assets, western banks have defaulted on their obligations which gave him the pretext to demand payment in rubles for Russia’s exports. That has instantly made the world’s most undervalued currency even more undervalued.
I cannot see the red block countries allowing the World Bank to manage things as we know how that would go.
FJB has put me in the position of cheering on other nations. That’s how bad its gotten under this fraudulent regime we’ve had foisted upon us
This agreement on currency is going to put pressure on the One World Order digital plan for the world. There is a soverign debt crisis that is so far out of control the only way to solve it will be to control currencies, debt, and essentially void all obligations with a digital monetary system that they have total jurisdiction over. There is no other way out of this debt crisis. It’s horrendous.
The fact that India is teaming up with Russia puts a significant amount of sand in the gears of the international monetarists. The New World Order will react negatively of course, but what can they do? We’ll see. This is NOT the first financial alliance of this kind and it won’t be the last. This makes Biden’s sanctions on Russia just that much less effective. Hopefully the Klaus Schwab followers take a good hit because of this.
If this plays out the way it has to, sooner or later there will be a significant financial hit here in the US and very probably world wide. Putin and Russia have NOT been abandoned by the entire world like our propaganda would have us believe. Just the contrary.
As Sundance says, this will be the harbinger of most of the world population wise going with China and Russia.
Pretty soon most of the world is going to realise it doesn’t need the US dollar. America has been digitally creating trillions of these dollars. What are they going to be worth when no one needs them? And when they are worth little they don’t buy much. Inflation will be at Zimbabwean levels, which to be fair, is how US monetary policy has been conducted.
Ever since Obama, including through the Ryan speakership and Trump Presidency, America has just been digitally creating money at levels never before seen in the history of planet earth. When this unwinds it is also going to be of epic magnitude.
“creating a stronger and greater likelihood that the dollar will be removed as the global trade currency”. Not a flaw, actually a feature of the plan to bring down America.
Love these explanations; it helps to get a handle on what’s coming next.
1,000% we need Trump!
There will be no transition to “green” energy, which simply produces too little energy, at too high an energy cost, to power a civilization…Meanwhile, America has been wasting its energy resources on military adventures and scams, and we are going to be dependent upon coal and imports of petroleum, at whatever cost…
And the geniuses pulling the Bidinh puppet strings thought Putin would sit in a corner and whimper. You know … like their SO’s did after a beating.
So tell me again, Joe? What are the sanctions good for? AhhhUungh … absolutely NOTHIN … say it again …