17 Replies to “It’s Friday On Turtle Island”

  1. Backed into a corner with no other options.

    He certainly wouldn’t have started this in motion…

    When the [International Monetary Fund] starts saying the Ukraine conflict “may” trigger a new world order of global economic and financial systems, we should pay attention, because behind those statements is a reality that no one has mentioned yet.

    Think of it this way… If Russia was to just simply withdraw from Ukraine, do you think the western financial sanctions and multinational corporations would just reverse themselves?   Of course not.  What was never mentioned in the sanction package, pushed by NATO and western alliances, was the no retreat Rubicon they created.  Removing Russia from the SWIFT financial exchange was/is irreversible; so too are the global banking sanctions triggered by political will.

    What does that mean?  It means from these moments forward something else, some other form of financial transaction process, is going to be needed for Russia and their allies to engage in commerce, banking and economic activity together.  Russia, China, Iran, Saudi Arabia, India, Brazil and other nations are now in a position of being forced to create another mechanism for trade and commerce.

    The petro-dollar may factually be dropped as a part of this.  The issue is not ‘if’ it will happen, the issues are how and when they will happen.  Vladimir Putin was pushed into this position by the western financial response, and don’t think for a moment that China and Russia are unhappy about it.

    . . .

    This is not a ‘losing scenario’ for Vladimir Putin.  Independent payment networks, out of the influence or reach of the U.S. government, are something Putin would openly embrace.  Indeed, the creation of that new financial system for transactions was the primary intent of the BRICS economic alliance.

    Pay very close attention to anyone who would say “Putin has already lost”, or any iteration therein.  Putin and Chairman Xi will embrace this new global financial system of independent mechanisms based on value that is separate from the U.S. dollar.

    Regardless of the outcome in Ukraine, this situation within the international financial world is not a loss for Putin.  Additionally, and not coincidentally, this new financial world order is also embraced by the domestic ideologues inside the United States who have long felt that our geopolitical power was grossly inflated by the economic value of our currency in the world of trade and finance.

    Not only does President Putin and Chairman Xi welcome this new order, no one is smiling bigger than former President Obama and his ‘fundamental change’ crew.

    THIS is the change they were hoping for.

    A weakened dollar means the wealth behind the valuation is removed from unilateral U.S. benefit, and with that removal wealth spreads around the globe into the trade and payment networks that are based on non-dollar transactions.

    All the players who look at the USA as an arrogant and entitled economic system, only made possible by the dollar as the reserve currency, will equally embrace a new financial system.

    Klaus Schwab and the WEF/Davos crowd will look happily at a western financial system valued on the currency of a collaboration of nations similar in value to how the Euro was established.

    The central bankers in the EU, the IMF, the World Bank, and the WTO will all work on this new fragmented financial system. Perhaps the underlying currency will be digital, which aligns with the need for a western styled digital identity.

    This is a direct outcome of the DC political system, NATO, western government and the multinational corporations all aligning to take advantage of the crisis that Ukraine presents.

    The new financial mechanisms will likely line up with the Build Back Better program of clean energy and carbon trading.  All of the systems merge together into one unified western valued global financial system.

    It’s stunning how no one in Washington DC is seemingly against this outcome.  It’s almost as if they realize, in the biggest of big pictures, the scale of the U.S. debt and deficit is so large that a massive reset is needed.  [Insert Captain Obvious Here]

    Regardless of the Ukraine outcome, Putin, Xi, Obama and Klaus Schwab have already won.   The only real losers are American citizens, many of whom were duped into putting Ukraine flags in their social media avatars without thinking about the longer-term consequences.

    And what core Countries would this be you ask?

    When the [International Monetary Fund] starts saying the Ukraine conflict “may” trigger a new world order of global economic and financial systems, we should pay attention, because behind those statements is a reality that no one has mentioned yet.

    Think of it this way… If Russia was to just simply withdraw from Ukraine, do you think the western financial sanctions and multinational corporations would just reverse themselves?   Of course not.  What was never mentioned in the sanction package, pushed by NATO and western alliances, was the no retreat Rubicon they created.  Removing Russia from the SWIFT financial exchange was/is irreversible; so too are the global banking sanctions triggered by political will.

    What does that mean?  It means from these moments forward something else, some other form of financial transaction process, is going to be needed for Russia and their allies to engage in commerce, banking and economic activity together.  Russia, China, Iran, Saudi Arabia, India, Brazil and other nations are now in a position of being forced to create another mechanism for trade and commerce.

    The petro-dollar may factually be dropped as a part of this.  The issue is not ‘if’ it will happen, the issues are how and when they will happen.  Vladimir Putin was pushed into this position by the western financial response, and don’t think for a moment that China and Russia are unhappy about it.

    So, it is what it is…
    China Lockdowns because of virus?
    I don’t think so.

    One last point.
    Currency can be made to infinity…resources needed to make this happen are very narrowly limited and our politicians really failed in understanding how products needed are created.
    All levels of our political structure has regulations, restrictions and laws in Canada that breaking any one of these are backed by penalties of fines or imprisonment.
    So, importing products went around these laws in place here.
    With countries in restrictions or closure mean that products are not available as well.

    2. Something like that!

      I’ve been waiting to hear any rambling in the MSM about food shortages in the Third World countries over the Ukraine/ Russia conflict, so far some of the developing countries like India, Malaysia are starting to raise the alert.

      Look forward to mass starvation in these countries, followed by unrest and then open conflicts.

      The same will eventually apply to the US and other western nations once the real decline of the Middle Class feels the bite of of these foreign wars and the subsequent fallout.

  4. It would be a compliment to call Joe Pooh stupid.

    I can hardly wait to watch the 21st Century Puritans, that are mostly angry young women, face off against the Moslem nut-jobs, mostly hardcore (real) misogynists who want the bitches penned or slaughtered.

    3. Knock off the use of “Puritans.” Second time in two posts. You have no idea who the Puritans and were or how they thought or acted (as most people don’t).

  7. It’s okay to insult the Irish because they’re not really people.

    Just ask the CRT crowd.

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