Comrade rebels, the International Monetary Fund’s (IMF) Deputy Managing Director says the sanctions against Russia are likely to undermine the US dollar’s global dominance as a trade currency.

As we have outlined, this is ultimately the counter strategic goal of Russia and Putin’s economic allies.  It’s a feature, not a flaw, in the process that Joe Biden has triggered.

(Inside Paper) – […] “The dollar would remain the major global currency even in that landscape, but fragmentation at a smaller level is certainly quite possible,” Gopinath said in an interview with the Financial Times.  She went on to say that some countries have already begun to renegotiate the currency in which they are paid for trade.

According to Gopinath, the drastic restrictions imposed by Western countries in response to Russia’s military operation in Ukraine may result in the formation of small currency blocs based on trade between individual groups of countries.  Furthermore, the use of currencies other than the dollar or the euro in global trade would result in a further diversification of central banks’ reserve assets. (read more)

This outcome, in combination with the realization the western alliance will also necessarily lose leverage for their climate change goals, is ultimately what triggered the G7 energy ministers to demand that Russia continue using euros and dollars.

(more…)

The World Government Summit 2022 took place on March 29 and 30 in Dubai, hosting more than 4,000 individuals from 190 countries including senior government officials, heads of international organizations, and global “experts.”   The invited participants presented ideas and worldviews from within their various fields of specialty.

One presentation that needs to be highlighted was from Dr. Pippa Malmgren, an American economist who served as special advisor on Economic Policy to President George W. Bush.

Her father, Harald Malmgren, served as a senior aide to US Presidents John F. Kennedy, Lyndon B. Johnson, Richard Nixon, and Gerald Ford.   In this segment, Mrs. Malmgren says the quiet part out loud.  Yes, they are no longer hiding the construct; indeed, as you will hear they are saying quite openly what the future will look like.  WATCH (2 minutes):

[Full Source – 6 hours (internal segment at 18:30)]

Transcript – Dr. Malmgren: “What underpins a world order is always the financial system. I was very privileged. My father was an adviser to Nixon when they came off the gold standard in 71. And so, I was brought up with a kind of inside view of how very important the financial structure is to absolutely everything else.

And what we’re seeing in the world today, I think, is we are on the brink of a dramatic change where we are about to, and I’ll say this boldly, we’re about to abandon the traditional system of money and accounting and introduce a new one. And the new one. The new accounting is what we call blockchain.

(more…)

Russian President Vladimir Putin and German Chancellor Olaf Scholz will hold further discussions on the purchase of Russian energy products in rubles according to TASS (Russian News) and western media.  However, in the interim Russia will continue accepting payment in euros which will be exchanged for rubles by Gazprom bank.

(left) German Chancellor Olaf Scholz – (right) Russian President Vladimir Putin

The situation is ongoing, as an outcome of the G7 energy minister’s prior emergency meeting on Monday, where they demanded Russia continue accepting both euros and dollars for the payment of Russian gas and oil purchases.  The current short-term resolution to continue accepting euros and dollars may not last long, as Russia is continuing to emphasize their demand that purchasing nations switch to rubles for future contracts.

Despite NATO, the G7 nations and western alliance agreeing to use economic and financial sanctions to block Russia from receiving dollars and euros.  Inside the alliance, there appears to be a fear that if Russia is successful in creating a financial trade system based on rubles, the G7 may lose influence on energy policy via climate change.

Inside the western alliance, the geopolitical control mechanisms that use energy sector development are under stress.  If global oil and gas is not exchanged in euros (European centric) or petrodollars (globally), the ability of the multinational agents to pressure climate change demands will be weakened.

(more…)

Col Douglas Macgregor appears for an interview with Dave Smith on his “Part Of The Problem” podcast.  Col Macgregor gives his status update on the Ukraine and Russian military along with some excellent background information on the U.S. cultural issues which are driving the U.S. position.

Additionally, Macgregor overlays the economic battle both domestically and geopolitically with the currency war and talks about economic repercussions for the U.S., NATO countries, Ukraine and Russia.   As noted by Macgregor when the Biden administration turned favorably toward Iran the Saudis immediately realized it was in their best interest to withdraw strategic support for the U.S.

It’s a good interview that goes into much more depth than the average media appearance, and permits discussion of multiple facets of the conflict in/around Ukraine. The video is prompted to begin at 17:34 when the Ukraine discussion begins. WATCH:

https://youtu.be/1PB7emtkRf4?t=1054

(more…)

And there it is….. Ukrainian President Volodymyr Zelenskyy delivered a public broadcast urging the allied western nations to quickly adopt “green energy” policies which he says will undermine the influence of Russia in Europe.  If you’ve been following events, this demand is yet another big puzzle piece coming together.  {Go Deep 1, Go Deep 2, and Go Deep 3)

The Recount has the video HERE. I cannot locate the shareable video on any other tech platform, which, given the importance, is not surprising. I doubt any govt in the western world wants to have the dots connected.

In the video Zelenskyy urges the NATO alliance, specifically western Europe, to quickly adopt the Build Back Better climate change agenda as it helps his country.  He advocates for “green energy” as a top priority so that alliance members are not reliant on Russian energy sales.

If it seems a little odd that a president, in the middle of a war zone, would be advocating for the climate change agenda, you are not seeing the big picture.  Ukraine is a crisis that cannot be wasted.  The Green New Deal, Build Back Better, and western nation climate change agenda is far more important than a single proxy war nation.  Ukraine is a tool in the bigger agenda, nothing more.

Volodymyr Zelenskyy is controlled by the western alliance, NATO, Dept of State, CIA and western allied intelligence.  This is part of the reason why Russia took action in the first place.  Zelenskyy has a role to play and pushing the Build Back Better (WEF) agenda, while the opportunity exists, is all part of the organized global cleaving.

Two fractured geopolitical groups globally.

The green energy group (economic globalists), and the fossil fuel group (economic nationalists).

(more…)

Something odd is happening in the background of the G7 energy ministers’ announcement earlier today.

Remember that moment {HERE} when Canada’s Deputy Prime Minister Chrystia Freeland seemed really uncomfortable and weird at the presser – just 36 hours before the Trudeau administration announced they were going to drop the Emergency Act banking sanctions against the truckers? {Go Deep}

Here is an encapsulation of what’s weird, and you don’t have to be an expert in geopolitics and international trade to see it:

The G7 countries (including the U.S.) announced today they were demanding that Russia accept payment for oil and gas in euros and dollars.  This is happening at the same time NATO is demanding (via sanctions) that Russia be blocked from accepting payments in euros and dollars.

Something is weird.  Keep in mind, the same nations in the G7 are the same nations in NATO with the exception of Japan (G7 only).

The only way this conflict could make any sense, is if the G7 energy ministers realize that forcing Russia to trade in non-euros and non-dollars will structurally undermine the G7 unilateral hold of global finance and energy policy.   In essence, the G7 see the non-sanction countries, particularly India and China, lining up to replace the petro-dollar, and that not only weakens their position financially, but it also weakens their climate change position.

(more…)

Behind the headline is a qualifier that most will miss. “We will urge the companies affected not to follow Putin’s demand.”  The problem for the G7 political leaders is that most of the transactions are between private companies.  The heads of the U.S, France, Germany, Italy, Japan, Canada and the U.K, can stake a position, but the ultimate decision around the transaction in the hands of the private company buyers.

Russia can set the terms.  Whether the G7 political leaders shout ‘breach of contract‘ is seemingly a moot point.  In the big picture, the politicians have already breached the terms of prior trade agreements with sanctions.  Russia can turn off the supply or demand payment in rubles as terms of sale.

BERLIN (AP) — The Group of Seven major economies agreed Monday to reject Moscow’s demand to pay for Russian natural gas exports in rubles.

German energy minister Robert Habeck told reporters that “all G-7 ministers agreed completely that this (would be) a one-sided and clear breach of the existing contracts” for natural gas, which is used to heat homes, generate electricity and power industry.

(more…)

There comes a time when a person has no more tongue to bite.  Joe Biden speaking to U.S. troops in Poland about “democracies at an inflection” point in history, is jaw-dropping when you consider the behavior of every western government leader over the past two years.

Once again, Joe Biden, the same authoritarian who mandated that every American worker undergo a medical procedure in order to qualify as a person who might earn a living, sits atop his high-horse and pretends that western government leaders have some inherent claim to the protection of democracy.

Given their collective behavior over the past two years, the hypocrisy of this continued talking point is beyond outlandish.

[Transcript] …”We’re in the midst of — and I don’t want to sound too philosophic here — but you’re in the midst of a fight between democracies and oligarchs.  Xi Jinping — who I’ve spent more time with, they tell me, than any other world leader — points out to me that he believes, in China, that democracies can’t succeed in the 21st century.  The reason is things are moving so fast, change is happening so quickly that democracies require consensus, and we can’t put together consensus as quickly as autocrats can.

So, what’s at stake — not just in what we’re doing here in Ukraine to try to help the Ukrainian people and keep the massacre from continuing — but beyond that, what’s at stake is: What’s — what’s — what are your kids and grandkids going to look like in terms of their — their freedom?  What’s happening?  The last 10 years, there have been fewer democracies that have been formed than we’ve lost in the world. 

(more…)

With less than a quarter of the U.S. population having any confidence in Biden’s ability to handle the Ukraine crisis [AP Poll], the installed White House occupant headed to NATO to discuss consensus opinion.

Cliff Notes from Presser – Biden was bullish about the NATO alliance, yet everyone essentially agreed to resist Ukraine’s call for them to enforce a no-fly zone in the country.  During the presser [VIDEO], Biden said he wanted Russia’s ouster from the G20 but conceded it likely won’t happen and deferred to the larger group. Biden unveiled new sanctions but acknowledged that they haven’t been and will not be a deterrent. Then said while his administration wants to get Europe to stop relying on Russian energy, he recognizes it can’t be done.

When Biden was questioned about potential food shortages, he admitted the discussion did actually take place. “With regard to food shortage… it’s gonna be real,” Biden said, while admitting the price of the sanctions is not just going to surface in Russia and Europe but is likely to show up in other nations including the United States.

Don’t downplay the food shortage issue.  The absence of food can change things very quickly.  How the various national leaders respond to food shortages, and/or prices for food that makes food insecurity a very real issue, is an unknown.  However, a food crisis -and the subsequent solutions- could change the direction of many policies.

Call me crazy or whatever, but when you watch and listen to all of these NATO members either individually or collectively, you can get the distinct impression that they’re waiting on advice from some other organization and/or entity that usually provides them instructions.

(more…)

White House National Security Adviser Jake Sullivan gave a press conference today again emphasizing that an attack on Ukraine was likely.  Sullivan also recommended that all U.S. citizens in Ukraine depart within the next 24 to 48 hours.  However, for reference, the White House has been making this “imminent” claim for over a month.

When pushed by media for how these determinations were made, Sullivan reiterated his position that “it’s not his responsibility to convince anyone.”   Overall, the entire situation still looks like a manufactured White House distraction from domestic criticism.

Russia has previously scheduled military exercises in the region.  This could be cover for Russia for the increased military presence prior to a cross border incursion, or the exercises could be the justification, or cover story for the White House to pretend that an invasion into Ukraine is likely.  The latter seems most likely.

Regardless of all of it, the White House has not made a case for why Americans should be worried about what happens between Russia and Ukraine, other than to say the financial interests of a lot of people and groups in Washington DC are connected to U.S. foreign policy toward Ukraine.

WASHINGTON –  National security adviser Jake Sullivan warned Friday that a Russian invasion of Ukraine could come before the conclusion of the Winter Olympics on Feb. 20, but he did not say whether U.S. officials had determined whether Russian President Vladimir Putin had made a final decision on a course of action.

(more…)