Having Resources does in no way guarantee growth. Australian people on a per capita base are vastly richer than Russians. Yet our Government is lowering not raising the public’s wealth. Having access to effective means of violence is far more important.
The Russian economy is, however growing robustly, which is allowed by their abundance of resources, and by their current political economy, which is also being worked on a lot.
Russia seems to be a nation, rather than a colony.
Australia has clearly been run as a colony, made clear by the takedown of Gough Whitlam.
Precisely. I believe the ONLY reason we haven’t suffered the economic hit men bullshit of the third world is the ease of resource extraction in stable economies coupled with Anglo bank strong holdings.
Such a serious observation young Atlas has undertaken! He is very focused 💜
Regards the draft the ultra orthodox — this is opening a nest of killer bees 🐝— hubris truly. Folks who strive with all their being to know and obey the Most High have a locus of control that is perhaps unfamiliar to the minister at the level of REALITY. For some of the Orthodox there has already been a decision to stand away because the path is unholy. There is a long history of Orthodox self sacrifice to be tested again.
I'm not totally sure that the BRICS nations necessarily want a single 'BRICS currency', becuase that always reduces flexibility based on varying economic fortunes - you lose the ability to use currency devaluations to restore competitiveness if you become a weaker player in a rigid currency - just look at what happened to Southern Europe, the Baltics etc when the Euro emerged. They no longer had a way to compete with Germany.
What I think the unity is within BRICS is that they want to dedollarise and find alternative ways to store foreign currency for international transactions. It could be gold, it could be the yuan, the rouble, other things, it just won't be the Dollar.
Basically, the USA is being sent to Coventry, as we say in the UK (shunned), rather than any particular future solution being chosen right now.
The end game for the USA comes if Saudi stops trading oil and gas in dollars, then the petrodollar is dead. The whole basis of the petrodollar arose when the USA and Saudi Arabia allied to develop the oil and gas industry in the Kingdom. There have been definite signs that Saudi support for the USA has been wavering and if they joined BRICS, then all bets are off for the Western economies.
Putin's no worse than most American Presidents have been. All the Presidents pushing Vietnam war? Clinton bombing the Balkans? Dubya et al going to war in Afghanistan, Iraq? Obama bombing Libya, terrorising Syria, stoking war in Ukraine?
When was the last time Russia organised coups d'etat in Canada or Mexico, by the way????
It takes quite a bit of propaganda cold turkey for most Americans not to viscerally hate every Russian politician, diplomat etc etc. You never invite politiicans to your country who give a lecture including: 'Your animalistic military killed hundreds of thousands of my country's precious children!', do you?
The simplistic 'We're the goodies, they're the baddies!; simply doesn't stack up when you take a cold-blooded analytical approach to world history since 1948......
Having Resources does in no way guarantee growth. Australian people on a per capita base are vastly richer than Russians. Yet our Government is lowering not raising the public’s wealth. Having access to effective means of violence is far more important.
Oh and banking
The Russian economy is, however growing robustly, which is allowed by their abundance of resources, and by their current political economy, which is also being worked on a lot.
Russia seems to be a nation, rather than a colony.
Australia has clearly been run as a colony, made clear by the takedown of Gough Whitlam.
Precisely. I believe the ONLY reason we haven’t suffered the economic hit men bullshit of the third world is the ease of resource extraction in stable economies coupled with Anglo bank strong holdings.
Prison with benefits
Such a serious observation young Atlas has undertaken! He is very focused 💜
Regards the draft the ultra orthodox — this is opening a nest of killer bees 🐝— hubris truly. Folks who strive with all their being to know and obey the Most High have a locus of control that is perhaps unfamiliar to the minister at the level of REALITY. For some of the Orthodox there has already been a decision to stand away because the path is unholy. There is a long history of Orthodox self sacrifice to be tested again.
Atlas is a very focused young human.
;-)
I'm not totally sure that the BRICS nations necessarily want a single 'BRICS currency', becuase that always reduces flexibility based on varying economic fortunes - you lose the ability to use currency devaluations to restore competitiveness if you become a weaker player in a rigid currency - just look at what happened to Southern Europe, the Baltics etc when the Euro emerged. They no longer had a way to compete with Germany.
What I think the unity is within BRICS is that they want to dedollarise and find alternative ways to store foreign currency for international transactions. It could be gold, it could be the yuan, the rouble, other things, it just won't be the Dollar.
Basically, the USA is being sent to Coventry, as we say in the UK (shunned), rather than any particular future solution being chosen right now.
The end game for the USA comes if Saudi stops trading oil and gas in dollars, then the petrodollar is dead. The whole basis of the petrodollar arose when the USA and Saudi Arabia allied to develop the oil and gas industry in the Kingdom. There have been definite signs that Saudi support for the USA has been wavering and if they joined BRICS, then all bets are off for the Western economies.
Trump wants to negotiate, rather than bully, a continuation of the $US status.
That seems reasonable, and I do not assume that it will be either permanent or absolute, but a peaceful fade...
Excellent article. And what a cute baby🤗
I have high hopes for young Atlas, now almost 6 months old, but I nurture him.
It is too early to burden him.
I hope your family is well, Aleks.
Hezbollah is showing restraint...
So the US parks an amphibious assault ship off the coast of
Lebanon - to tempt Hezbollah... If Hezbollah refuses the temptation,
It's ideally place for a False Flag: A False Flag Event which will incur a
claim that 'dozens, if not hundreds of innocent young US marines
lost their lives.'
"By use of deception, the USA shall wage War."
Delicate situation, with multiple possible paths leading forward.
;-(
"International Bird Flu Summit" ...
Trans: "Where there's smoke, there must be fire !"
Using headline to shape the masses perception that 'bird flu' must be a Serious Threat...
"Preparing for mass-casualties". I think they may intend for this to be the case.
I admit to not having read all this - time!. But enough to realize I have to rely on Putin to save my life. Oh the irony.
Putin's no worse than most American Presidents have been. All the Presidents pushing Vietnam war? Clinton bombing the Balkans? Dubya et al going to war in Afghanistan, Iraq? Obama bombing Libya, terrorising Syria, stoking war in Ukraine?
When was the last time Russia organised coups d'etat in Canada or Mexico, by the way????
It takes quite a bit of propaganda cold turkey for most Americans not to viscerally hate every Russian politician, diplomat etc etc. You never invite politiicans to your country who give a lecture including: 'Your animalistic military killed hundreds of thousands of my country's precious children!', do you?
The simplistic 'We're the goodies, they're the baddies!; simply doesn't stack up when you take a cold-blooded analytical approach to world history since 1948......
I have been watching Putin as closely as I could from over here for almost 20 years, an interesting historical figure.
He may well be, and I think he is, a better statesman for Russia than FDR was for the USA.
I can't tell yet which will have been better for the planetary life forms, but Putin is in the lead, as I see it.
"The horror, the horror...", Kurtz, Heart of Darkness.