"Washington and NATO have shot their wad and have no credible conventional military force to counter Russia accepting the results of the referenda. Their only alternative beyond throwing a tantrum is to threaten the use of nuclear weapons.
Despite the potential peril of this moment, I am amused by the irony of the United States, the United Kingdom and France feigning moral outrage over the Russian’s willingness to accept the results of the votes by citizens of Donetsk, Luhansk, Zaporizhzhia and Kherson. Did the United States hold a referendum when it took Hawaii or Mexican territory? Did the United Kingdom allow the American colonies a referendum when they wanted their independence? Hell, go down the list of British colonies that were taken by force without the natives of those countries being given a chance to vote to “join” the UK. Ditto for France. I don’t recall them holding an election when they took over Vietnam. It was only when the North Vietnamese held a “vote” at Dien Bien Phu that France “decided” to accept the will of the people.
Unlike the United States and the former global colonial powers, Russia is letting the people in the besieged Ukrainian oblasts decide. We are living through consequential history. This is a true game changer."
This has a parallel in the financial battle arena as well. In 2008 the went into the crisis with ability to pump 5 trillion to bailout the banks.
Now, they have already shot the wad by pumping more than 5 trillion in the last 2 years, with hyperinflation around the corner, so that when the crash actually comes, they wont have a way to bail out their banks.
I guess the last 2 years could be named "Getting the enemy to expend all their ammunition"
Around $3T from 2008 to 2015 (it was gradual QE) on the books.
But last year they finally disclosed the total amount loaned to the banks at that time, which was under seal for 12 years. I dont remember the exact number but it was well above $5 T by itself. The final full numbers off the books is probably much much higher.
"Washington and NATO have shot their wad and have no credible conventional military force to counter Russia accepting the results of the referenda. Their only alternative beyond throwing a tantrum is to threaten the use of nuclear weapons.
Despite the potential peril of this moment, I am amused by the irony of the United States, the United Kingdom and France feigning moral outrage over the Russian’s willingness to accept the results of the votes by citizens of Donetsk, Luhansk, Zaporizhzhia and Kherson. Did the United States hold a referendum when it took Hawaii or Mexican territory? Did the United Kingdom allow the American colonies a referendum when they wanted their independence? Hell, go down the list of British colonies that were taken by force without the natives of those countries being given a chance to vote to “join” the UK. Ditto for France. I don’t recall them holding an election when they took over Vietnam. It was only when the North Vietnamese held a “vote” at Dien Bien Phu that France “decided” to accept the will of the people.
Unlike the United States and the former global colonial powers, Russia is letting the people in the besieged Ukrainian oblasts decide. We are living through consequential history. This is a true game changer."
This has a parallel in the financial battle arena as well. In 2008 the went into the crisis with ability to pump 5 trillion to bailout the banks.
Now, they have already shot the wad by pumping more than 5 trillion in the last 2 years, with hyperinflation around the corner, so that when the crash actually comes, they wont have a way to bail out their banks.
I guess the last 2 years could be named "Getting the enemy to expend all their ammunition"
Fun times!
Isn't it $900 Billion in 2008?
Around $3T from 2008 to 2015 (it was gradual QE) on the books.
But last year they finally disclosed the total amount loaned to the banks at that time, which was under seal for 12 years. I dont remember the exact number but it was well above $5 T by itself. The final full numbers off the books is probably much much higher.
https://m.youtube.com/watch?v=GYNVNhB-m0o