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originally posted by: Telos
originally posted by: johnwick
$500 trillion estimated worth.....ya they have much more than enough already.
I know. Imagine with that amount of wealth, they stay at the top of the pyramid and look down at us with such repulsion and think of the ways how to experiment with our lives and move the strings of the puppet master to see how we react. Sad reality, very sad. This bloodsuckers have had enough fun watching humanity tore each other throats. Should come a time when they must answer for all they have done. That would be a joyous day for the world.
originally posted by: Telos
The scope of using the money, you can spin it the way you wanted. No one knows the reason how the money is going to be spent. But we all know what can do a central bank under the control of Rothschild. So putting both things in a scale, the speculation of how the money is going to be used in one side and Rothschild's control on the other...tell me which side weights more?
originally posted by: TonyS
a reply to: Telos
At the risk of putting my popularity even further down the toilet than it already is, I'd have to suggest that while none of us like the western banking system, this could possibly be the all time dumbest move Putin could make. I'm suggesting that because I "think", (speculate), that do so will put modern Russia back in the same place the USSR was in before it collapsed and will set the Russian state up for the identical collapse conditions in that by doing this Putin will have cut Russia off from any method of acquiring the foreign capital needed to keep the country going/growing.
It does mean that he can then print all the Rubles he wants to, but they'll be backed by nothing and won't be exchangeable for anything outside Russia. That will render the Ruble worthless and the result would be that business owners in Russia would start demanding payment in Euros or some other foreign currency. It would therefore seem to me that the only way this would work would be if (and its the Big If) he could somehow tie the Ruble to gold and/or silver but I can't believe they have anything like the gold reserves necessary to pull that off. Also...it would threaten his deal with China because China would no longer want to accept payment for goods in the Ruble because they would be worthless and couldn't be exchanged for any other currency.
I can't see how this could turn out very well.
originally posted by: uncommitted
I'm not spinning anything, I'm commenting on what you posted.
originally posted by: Telos
originally posted by: uncommitted
I'm not spinning anything, I'm commenting on what you posted.
By you I meant "YOU", not you you.
originally posted by: TonyS
a reply to: Telos
At the risk of putting my popularity even further down the toilet than it already is, I'd have to suggest that while none of us like the western banking system, this could possibly be the all time dumbest move Putin could make. I'm suggesting that because I "think", (speculate), that do so will put modern Russia back in the same place the USSR was in before it collapsed and will set the Russian state up for the identical collapse conditions in that by doing this Putin will have cut Russia off from any method of acquiring the foreign capital needed to keep the country going/growing.
It does mean that he can then print all the Rubles he wants to, but they'll be backed by nothing and won't be exchangeable for anything outside Russia. That will render the Ruble worthless and the result would be that business owners in Russia would start demanding payment in Euros or some other foreign currency. It would therefore seem to me that the only way this would work would be if (and its the Big If) he could somehow tie the Ruble to gold and/or silver but I can't believe they have anything like the gold reserves necessary to pull that off. Also...it would threaten his deal with China because China would no longer want to accept payment for goods in the Ruble because they would be worthless and couldn't be exchanged for any other currency.
I can't see how this could turn out very well.
originally posted by: uncommitted
originally posted by: Telos
originally posted by: uncommitted
I'm not spinning anything, I'm commenting on what you posted.
By you I meant "YOU", not you you.
It doesn't matter which me me you meant, the post made it very clear (if any of it is little more than idle chatter and is actually worth the time to read it) where the money would be spent. No need for speculation. As TonyS has put in the post above, all this would do is further deplete Russian economic resources..............
originally posted by: Telos
While it makes sense what you say, I cannot help but smile when I think that we're not talking about a convenience store owner here but about a head of state, a person who has not only shown to be resourceful but also a terrific economist (him and his cabinet of course). Someone who took a totally ruined country as it was Russia in the late 90's, with a mountain of debts and within few years that country came out of the coma, paid the debts, got a surplus in the budget, economy getting stronger, improving the life inside the country and taking an ambitious place in the international community stage. Putin has always shown to have more than one card hidden in his sleeves. And he is surrounded by same very bright minds who I'm sure are educated enough to see 101 economics for what it is
originally posted by: Telos
originally posted by: uncommitted
originally posted by: Telos
originally posted by: uncommitted
I'm not spinning anything, I'm commenting on what you posted.
By you I meant "YOU", not you you.
It doesn't matter which me me you meant, the post made it very clear (if any of it is little more than idle chatter and is actually worth the time to read it) where the money would be spent. No need for speculation. As TonyS has put in the post above, all this would do is further deplete Russian economic resources..............
Your opinion doesn't bother me. Neither makes me change mine. Cheers.
originally posted by: uncommitted
Sorry, are you looking at some alternative Russia, or do you just want to make pro Putin comments for the sake of it? Russia's economy is in a terrible state, it was before the sanctions and it ain't any better now. One of many up to date links shown below that shows the reality that you don't seem to be aware of...
originally posted by: uncommitted
So I quote back at you comments from the article in your OP, and that makes it my opinion - ok comrade.
originally posted by: Telos
originally posted by: uncommitted
Sorry, are you looking at some alternative Russia, or do you just want to make pro Putin comments for the sake of it? Russia's economy is in a terrible state, it was before the sanctions and it ain't any better now. One of many up to date links shown below that shows the reality that you don't seem to be aware of...
I think I was very specific with the timeline. Jelcin's Russia was a disaster and that change only when Putin came into power.
P.S. Not that it matters or I have any obligation to explain myself but for the sake of the conversation, I ain't pro Putin or pro russian. Not at all.
originally posted by: Telos
originally posted by: TonyS
a reply to: Telos
At the risk of putting my popularity even further down the toilet than it already is, I'd have to suggest that while none of us like the western banking system, this could possibly be the all time dumbest move Putin could make. I'm suggesting that because I "think", (speculate), that do so will put modern Russia back in the same place the USSR was in before it collapsed and will set the Russian state up for the identical collapse conditions in that by doing this Putin will have cut Russia off from any method of acquiring the foreign capital needed to keep the country going/growing.
It does mean that he can then print all the Rubles he wants to, but they'll be backed by nothing and won't be exchangeable for anything outside Russia. That will render the Ruble worthless and the result would be that business owners in Russia would start demanding payment in Euros or some other foreign currency. It would therefore seem to me that the only way this would work would be if (and its the Big If) he could somehow tie the Ruble to gold and/or silver but I can't believe they have anything like the gold reserves necessary to pull that off. Also...it would threaten his deal with China because China would no longer want to accept payment for goods in the Ruble because they would be worthless and couldn't be exchanged for any other currency.
I can't see how this could turn out very well.
While it makes sense what you say, I cannot help but smile when I think that we're not talking about a convenience store owner here but about a head of state, a person who has not only shown to be resourceful but also a terrific economist (him and his cabinet of course). Someone who took a totally ruined country as it was Russia in the late 90's, with a mountain of debts and within few years that country came out of the coma, paid the debts, got a surplus in the budget, economy getting stronger, improving the life inside the country and taking an ambitious place in the international community stage. Putin has always shown to have more than one card hidden in his sleeves. And he is surrounded by same very bright minds who I'm sure are educated enough to see 101 economics for what it is
originally posted by: uncommitted
originally posted by: Telos
originally posted by: uncommitted
Sorry, are you looking at some alternative Russia, or do you just want to make pro Putin comments for the sake of it? Russia's economy is in a terrible state, it was before the sanctions and it ain't any better now. One of many up to date links shown below that shows the reality that you don't seem to be aware of...
I think I was very specific with the timeline. Jelcin's Russia was a disaster and that change only when Putin came into power.
P.S. Not that it matters or I have any obligation to explain myself but for the sake of the conversation, I ain't pro Putin or pro russian. Not at all.
You spoke about the past but didn't make any reference to the current state being a total mess, indeed you said -
"And he is surrounded by same very bright minds who I'm sure are educated enough to see 101 economics for what it is" which implies present tense. If they are that educated then there wouldn't be a mess and nationalising a bank to spend money on weapons shows only one obvious way of increasing funds doesn't it?
Never mind, I'll leave you to your dreaming.
originally posted by: TonyS
a reply to: Telos
At the risk of putting my popularity even further down the toilet than it already is, I'd have to suggest that while none of us like the western banking system, this could possibly be the all time dumbest move Putin could make. I'm suggesting that because I "think", (speculate), that do so will put modern Russia back in the same place the USSR was in before it collapsed and will set the Russian state up for the identical collapse conditions in that by doing this Putin will have cut Russia off from any method of acquiring the foreign capital needed to keep the country going/growing.
It does mean that he can then print all the Rubles he wants to, but they'll be backed by nothing and won't be exchangeable for anything outside Russia. That will render the Ruble worthless and the result would be that business owners in Russia would start demanding payment in Euros or some other foreign currency. It would therefore seem to me that the only way this would work would be if (and its the Big If) he could somehow tie the Ruble to gold and/or silver but I can't believe they have anything like the gold reserves necessary to pull that off. Also...it would threaten his deal with China because China would no longer want to accept payment for goods in the Ruble because they would be worthless and couldn't be exchanged for any other currency.
I can't see how this could turn out very well.
The country doesn't need international investors or the Banking Cartel. They need leaders that stop stealing everything they can get their hands on.