Markets sitting idle “yet again today”…..so in other news, and in the brilliant words of our dear friend Dr. Paul Craig Roberts, what you “may not know” about the current situation in Ukraine.
“”The protests in the western Ukraine are organized by the CIA, the US State Department, and by Washington- and EU-financed Non-Governmental Organizations (NGOs) that work in conjunction with the CIA and State Department. The purpose of the protests is to overturn the decision by the independent government of Ukraine not to join the EU.
The US and EU were initially cooperating in the effort to destroy the independence of Ukraine and make it a subservient entity to the EU government in Brussels. For the EU government, the goal is to expand the EU. For Washington the purposes are to make Ukraine available for looting by US banks and corporations and to bring Ukraine into NATO so that Washington can gain more military bases on Russia’s frontier.””
More from Dr. Paul at his personal blog here.
There are three countries in the world that are in the way of Washington’s hegemony over the world–Russia, China, and Iran. Each of these countries is targeted by Washington for overthrow or for their sovereignty to be degraded by propaganda and US military bases that leave the countries vulnerable to attack, thus coercing them into accepting Washington’s will.
Needless to say….I can’t imagine Russia being too thrilled with the U.S now looking to “set up shop” at the border.
You think there’s a little more going on these days than the SP 500?
Wow….things heating up in the East.
Thanks for sharing this Kong. I have been following along over at PCR.org for a few months now (thanks to you). But checking out the live video feeds, it appears things in Ukraine are really getting heated today (no pun intended).
In his books The Next Decade and The Next 100 Years, George Friedman has been predicting a second cold war. At the very least, it seems like this could be a step in the prelude that gets us closer.
A great reason to follow currencies and put alot of this “geo political stuff” in perspective in that….
I strongly believe “all U.S interests” in the Middle East / Syria / Now Ukraine etc…soley revolve around the need to preserve the “petro dollar”.
Common…..the U.S is letting its own population fade away / life on food stamps / pensions demolished etc….
Why would they be looking to “liberate / save” the people of Syria / Ukraine / Iran etc?
No chance. Forex = Geo Politics = Very Interesting.
VERY interesting! Thanks for helping connect the dots 🙂
That’s what I see anyway.
Go to it man.
Here goes a very interesting article I ran across today on the US Dollar and how China is more or less the dupe in this pyramid scheme. Thought you and your readers would enjoy it.
I can only hope readers might take the time to get up to speed with “this story” as yes….the U.S and China have been literally “bound at the waist” with respect to all this dollar printing and dollar holding.
I believe this is “slowly changing” as you can’t turn a cruiseship on a dime. It’ will take years but the Chinese ( in my eyes ) have been busy now for quite some time. The movement of Gold recently ( again im my eyes ) from West to East also a part of the bigger picture.
The Fed has given China a “cheap method” to convert some of those “toilet paper dollars” into a hard asset, as they are now doing with respect to real estate purchases in the U.S as well.
China can’t / won’t “dump” all at once obviously ( sending their own asset “the dollar” lower , n lower n lower ) but over time……the shift is being made.
Trade “outside the USD” being another contributing factor as over time….the value of their “reserves” and more importantly “the need” for those reserves dwindles.
Again….only my view.
I don’t agree with the tag line of the article at all being:
“”If recent history telegraphs anything about the future, the only element of the global economy sure to grow in coming years may be the size of America’s bird cage.””
Change is afoot – China has been very quiet for a very long time…..I for one, don’t expect that to last too much longer.
Interesting post Kong and David thanks for the link. I found the Ukraine comments very interesting…and really quite disturbing.
Looking like the next 24 hrs should bring resolution to dollar move and likely the yen move too
Tremendous things here. I am very satisfied
to see your article. Thanks so much and I’m having a look forward to contact you.
Will you kindly drop me a mail?