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…)

During a speech to highlight the administration’s ongoing effort to battle COVID-19, today Joe Biden said:

WHITE HOUSE – […] “Congress hasn’t provided enough money to keep purchasing these monoclonal bo- — antibodies.  We’ve had to cancel planned orders and cut the supply we’re sending to the states.  Without more funding, we’ll start to run out of them by the end of May — the end of May.  We’ve also had to scale back our plan to purchase more preventive therapies for Americans who are immunocompromised — critical tools to protect the most vulnerable among us.  Without more funding, we risk running out of the supply by this fall.” (link)

Approximately 3 minutes after making that speech, the White House provided a readout from a telephone call between Joe Biden and Ukrainian President Volodymyr Zelenskyy that took place shortly before the speech:

WHITE HOUSE – “President Biden informed President Zelenskyy that the United States intends to provide the Ukrainian government with $500 million in direct budgetary aid” (link)

We the People are in an abusive relationship with our government.

(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…)

While the western propaganda about the Russian objective in Ukraine remains at a fever pitch, most intellectually honest observers have always held that liberation of eastern Ukraine was the goal of Russia and western Ukraine was never part of the objective.

With a decade-long civil war in eastern Ukraine preceding the current Russian operations, and with western forces supporting one side while Russia supported the other, it was always presumed -prior to the Russian military operations- that Vladimir Putin’s central goal was removing the NATO influence from eastern Ukraine.

That objective has seemingly remained visible throughout the conflict with Russian activity in western Ukraine limited in scope to targeting inbound NATO weapons and material support.

We might remember the 20-mile-long armored convoy that sat in place for weeks north of Kyiv while the media narrative was ‘any day now’. Those troops never moved on Kyiv, and in hindsight looked more like a strategic positioning of resources to keep western Ukraine in check while the more important goal of clearing eastern Ukraine was the ongoing operation.

It seems a little silly to point out the obvious, but everything Putin said about what he was doing in Ukraine is factually what has taken place. The western media narrative spinning his ‘true intents’ to be much more significant than his open statements, has never played out when reviewing the actual military operations. In short, Putin was then (as he said), and continues now, to be carving out eastern Ukraine and the Donbas region.

(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…)

Joe Biden said the western alliance would target any country that violated the sanctions against Russia.  Specifically, after a lengthy telephone call with Chinese Chairman Xi Jinping on March 18th: “President Biden made clear the implication and consequences of China providing material support, if China were to provide material support to Russia, as it prosecutes brutal war in Ukraine,” the senior administration official said, “not just for China’s relationship with the United States, but for the wider world.” (link)

Today, ten days later, China just called Joe Biden’s bluff.

China announces they will violate the western sanctions and continue to purchase crude oil and gas from Russia.

HONG KONG — Chinese state energy company Sinopec will continue to buy crude oil and gas from Russia, a top executive said on Monday, even as Western democracies step up sanctions in response to the country’s invasion of Ukraine.

The company, known formally as China Petroleum and Chemical, is involved in two major projects in Russia: an oil and gas production joint venture called Taihu in the Volga-Ural petroleum basin in western Russia with state-owned peer Rosneft, and the development of the Amur gas chemical complex and processing plant with Sibur in the Russian Far East, adjoining China.

(more…)

Two weeks ago, the United States government, State Dept., CIA and their allies in Big Tech, made a public announcement {Go Deep} that stated violence against Russians would be officially sanctioned by Facebook, Instagram and Google.  In essence, Big Tech said it was now okay for Russians to be targeted on social media.  Today, video footage is leaked showing graphic torture of Russian POW’s by Ukraine military units.

BACKGROUND – The purpose of the shift in Big Tech ‘terms and conditions‘ for the promotion of violence, was seemingly to enhance the western propaganda campaign.  Elevating Ukraine’s victim status in the minds of the ordinary citizens, while supporting the negative promotional campaign against Russia and Vladimir Putin was part of the design.  The transparent motive of the shift was obvious to those who follow the activity of U.S. intelligence and State Dept.

Deep weeds political followers will remember the first collaboration between Facebook and DoS/CIA using this approach took place in Egypt and Libya at the beginning of the 2010 U.S. Obama-inspired Islamist Spring.  A more refined 2022 version was just recently deployed against Russia.  The tech control agents needed to parse the nuance carefully to allow targeted and approved violence to be narrowly focused.

Soon after Big Tech made their announcement {via Reuters}, the DoS/CIA and NATO announced they would be providing western military hardware to the Azov battalion in Ukraine – essentially the Ukrainian military’s openly Nazi division.  Images soon surfaced showing U.S. military “advisors” training Ukrainian ultranationalist Nazi units (Azov regiment) how to use the U.S. provided FGM-148 javelin missiles.

WARNING ~ Graphic Discussion Below

(more…)