Economic Fallout: Pandemic, Brandon, Money Printer Go Brr, Ukraine.

[Carrot of Truth]

Starting to think this is how it ends.

 

[Agent23]

Steve Hanke on the unintended consequences of sanctions and money printing and inflation.
China apparently is doing a better job at controlling inflation.
The USA's blatant disregard of property rights and weaponization of the US financial system will bite it in the ass.

 

[Carrot of Truth]

Ironically China uses corporatism aka fascist economics. Their entire system is a house of cards itself, While its currently working out for them there is no reason to think it won't crash sooner or later.

 

[Agent23]

Ironically China uses corporatism aka fascist economics. Their entire system is a house of cards itself, While its currently working out for them there is no reason to think it won't crash sooner or later itself.

So basically they have jumped or are trying to jump from one end of the horseshoe to the other?

 

[Carrot of Truth]

So basically they have jumped or are trying to jump from one end of the horseshoe to the other?

Pretty much, I always found it ironic that they went from Communist to Fascist economically although considering their totally not death camps maybe they have become Nazbols.

 

[Agent23]

Jim Rogers on Russia, the coming blow-out, commodities and money printing, CBDCs and the inevitable demise of the dollar.
Washington pushing China and Russia together.

 

[DarthOne]

A BIDENOMIC RECESSION IS PROBABLY COMING AND WOULD BE BLAMED ON RUSSIA AND TRUMP

 

[LordsFire]

So basically they have jumped or are trying to jump from one end of the horseshoe to the other?

Fascism is on the same end of the 'horseshoe' as communism. Both are far left, being socialistic in nature.

If you're looking for authoritarian right wing, you should be looking for monarchies, or maybe military juntas, though I tend to think of military juntas as more 'centrist authoritarian,' since they can crop up in almost any kind of culture.

 

[Agent23]

Fascism is on the same end of the 'horseshoe' as communism. Both are far left, being socialistic in nature.

If you're looking for authoritarian right wing, you should be looking for monarchies, or maybe military juntas, though I tend to think of military juntas as more 'centrist authoritarian,' since they can crop up in almost any kind of culture.

At some point all that shit blurs, just how neocon/neolib/centrist progressive blurs at the other end of the horseshoe.

 

[LordsFire]

At some point all that shit blurs, just how neocon/neolib/centrist progressive blurs at the other end of the horseshoe.

Learning how to tell the difference is an important part of not letting someone else turn you into a pawn by manipulating your perceptions.

 

[Sobek]

Biden's handlers are super hard at work already using and abusing Putin's name for every single issue. They are going as far as to throw oil companies under the bus for the gas prices.

 

[SchrodingersWehraboo]

Starting to think this is how it ends.

Ah a fellow schizo elijah connoisseur

 

[Floridaman]

Starting to think this is how it ends.

I mean the pre war US government would be a significant improvement compared to what we have now.

 

[Sobek]

I disagree. Well depends how much pre-war we talking about. By the 2070's they were openly tyrannical and sadly competent at their tyranny.

 

[Floridaman]

I disagree. Well depends how much pre-war we talking about. By the 2070's they were openly tyrannical and sadly competent at their tyranny.

Vs. now where they are openly tyrannical, and competent at their tyranny.... just incompetent at everything else

 

[Arch Dornan]

They don't want to follow the American Continental system anymore.

 

[LordsFire]

They don't want to follow the American Continental system anymore.

This 'analyst' is in a fantasy.

'Imposed capital controls.'

'Banking system continues to operate smoothly.'

These are not compatible. The head of the Russian central bank resigned. The Russian stock market has been in such a crisis they refused to open it to try to keep it from crashing as hard. Their export markets have drastically shrunk.

Are there ways the Russians can mitigate damage? Yes. Are there alternate markets they can start selling to and buying from? Yes.

Are these options as good as what they already had?

No.

Russia can exist outside of the American-led economic order. It can exist with its trade to Europe and North America heavily cut. Any nation with as broad a range of natural resources as Russia has can.

That still comes with a cost. A very steep, serious cost. All these analysts and whatnot who are acting like 'Oh, these clever and hardy Russians prepared for this and have prevented western sanctions from hurting them' are just buying into their own narratives.

Now granted, the analysts on the opposite end of things who think that Russia is now a hairsbreath from total collapse, that these sanctions have broken the morale of the Russian people, blah blah blah blah, are just as wrong.

But acting like the mass sanctions, asset freezes, and asset seizures, have not hurt the Russians, is the same as acting like the invasion of Ukraine hasn't hurt the Ukrainians, even if they're fighting a lot harder and more successfully than people thought.

 

[Arch Dornan]

This 'analyst' is in a fantasy.

'Imposed capital controls.'

'Banking system continues to operate smoothly.'

These are not compatible. The head of the Russian central bank resigned. The Russian stock market has been in such a crisis they refused to open it to try to keep it from crashing as hard. Their export markets have drastically shrunk.

Are there ways the Russians can mitigate damage? Yes. Are there alternate markets they can start selling to and buying from? Yes.

Are these options as good as what they already had?

No.

Russia can exist outside of the American-led economic order. It can exist with its trade to Europe and North America heavily cut. Any nation with as broad a range of natural resources as Russia has can.

That still comes with a cost. A very steep, serious cost. All these analysts and whatnot who are acting like 'Oh, these clever and hardy Russians prepared for this and have prevented western sanctions from hurting them' are just buying into their own narratives.

Now granted, the analysts on the opposite end of things who think that Russia is now a hairsbreath from total collapse, that these sanctions have broken the morale of the Russian people, blah blah blah blah, are just as wrong.

But acting like the mass sanctions, asset freezes, and asset seizures, have not hurt the Russians, is the same as acting like the invasion of Ukraine hasn't hurt the Ukrainians, even if they're fighting a lot harder and more successfully than people thought.

Fucking finally a response to this duran video. Can you do it again when they update again?

There's always a cost to it all. Their predecessors the Soviets did it too while hiding the records of their collateral damages in fucking it up.

I'm not sure of the economy. The problem is Biden's in "charge" if he bites it then it's Kamala. What they do will carry it's consequences and already it's showing the damage. Saudi Arabia and India reconsidering their relationship with the US economically.

 

[Agent23]

Maverick's latest updates, including a deep dive into the Russia-China relationship:

 

[Agent23]

This 'analyst' is in a fantasy.

'Imposed capital controls.'

'Banking system continues to operate smoothly.'

These are not compatible. The head of the Russian central bank resigned. The Russian stock market has been in such a crisis they refused to open it to try to keep it from crashing as hard. Their export markets have drastically shrunk.

Those two are nothing alike.

What Is Capital Control?

Capital control represents any measure taken by a government, central bank, or other regulatory body to limit the flow of foreign capital in and out of the domestic economy. These controls include taxes, tariffs, legislation, volume restrictions, and market-based forces. Capital controls can affect many asset classes such as equities, bonds, and foreign exchange trades.

So they are limiting what foreign investors can do with their money as well as blocking nationals from converting their money to other currencies.
It is a form of financial oppression, but no worse than what the West did by trying to force majore the Russians into a default by steaking their sovereign national bank reserves.

The Russian economy is far less financialized than the western ones, they don't have 401ks, your average Russian couldn't care less if the stock market is working or not.
And again, they are self-sufficient in food and energy, and they have huge deals with China and India.

Are there ways the Russians can mitigate damage? Yes. Are there alternate markets they can start selling to and buying from? Yes.

Are these options as good as what they already had?

No.

The combined US/Canada/EU population numbers under one billion, China has 1.4 billion, with India not far behind.
If you look at the countries who abstained from the USS/EU twitter spergaut in the UN you will find that combined they make up something like 53% of world population, and they are still growing organically and do not resort to moneyprinter go brr and "green new deal great reset" nonsense to get a measly 1-2% growth.
Their demographics are far more advantageous too, and they actively want to eat more, drink more, and buy more cars and energy.

Now granted, the analysts on the opposite end of things who think that Russia is now a hairsbreath from total collapse, that these sanctions have broken the morale of the Russian people, blah blah blah blah, are just as wrong.

But acting like the mass sanctions, asset freezes, and asset seizures, have not hurt the Russians, is the same as acting like the invasion of Ukraine hasn't hurt the Ukrainians, even if they're fighting a lot harder and more successfully than people thought.

They will be in for a few years of pain.
However, note that Europe is still buying stuff from Russia, energy to the tune of 700 million $ a day.