Good evening fellow members of The Blacksphere. What is the end game with Ukraine? Most pundits and many politicians in Washington, D.C. are saying that we must now punish Russia with tough sanctions. As the President ratchets up the sanctions, in an effort to compel Russia to change course, do we run the risk of shooting ourselves in the foot? Forget Russia Dumping U.S. Treasuries … Here’s the real Economic Threat zerohedge/contributed/2014-03-21/forget-russia-dumping-us-treasuries-%E2%80%A6-here%E2%80%99s-real-economic-threat But veteran investor Jim Sinclair argues that Russia has a much scarier financial attack which Russia can use against the U.S. Specifically, Sinclair says that if Russia accepts payment for oil and gas in any currency other than the dollar – whether it’s gold, the Euro, the Ruble, the Rupee, or anything else – then the U.S. petrodollar system will collapse: youtu.be/KXGPzDq45gM And it may happen quite quickly: Petrodollar Alert: Putin Prepares To Announce Holy Grail Gas Deal With China zerohedge/news/2014-03-21/petrodollar-alert-isolated-west-putin-prepares-announce-holy-grail-gas-deal-china In the meantime: Visa, MasterCard Freeze Cards at Sanctioned Russian Banks en.ria.ru/business/20140321/188628529/Visa-Mastercard-Freeze-Customer-Cards-at-Russian-Bank.html Will this lead to the BRIC nations creating an alternative credit card system platform? This is why the writer argues that instead of going the sanctions route, we can follow a much better course. In that regard, read the following: Ukraine Crisis: Is A Solution in Sight or Are We Winding Up For A Long Fight? https://facebook/john.frank1954/posts/832929830056057?stream_ref=10 The post is open to the public. In the comments underneath, the writer has posted a number of additional articles for the readers benefit. Want to better understand Vladimir Putin? People may want to watch: Vladimir Putin Full Length Documentary: The Putin System youtu.be/m5Rkom1RpKA The promo for the documentary reads: For three years, filmmakers Jean-Michel Carré and Jill Emery interviewed dozens of people to gain insight into the life and political motivations of Russias most powerful politician, Vladimir Putin. They spoke to long-time supporters, like Putins former schoolteacher, Vera Gurvich, to his harshest critics, like world chess champion Garry Kasparov, as well as many KGB and Kremlin insiders. What emerged is a point-of-view documentary that presents an ominous view of what Putin is willing to do to ensure Russia regains its position on the world stage. The Putin System was first shown in 2007 on the Canadian Broadcasting Corporation television show Passionate Eye. P.S. If the President had actually listened to Sarah Palin, instead of getting all bent out of shape over being attacked for wearing mom jeans, we would not have got into this mess in the first place. • Sarah Palin Admits Being Too Tough On Obama • 03/08/14 • youtu.be/Pp9ddjIZh4s P.P.S. Unfortunately, as Rush Limbaugh points out in this lighthearted spoof: Rush: Putin Sings Come Back Barry, When You Grow A Pair - SPOOF youtu.be/WurK8wjnbDY
Posted on: Sun, 23 Mar 2014 02:56:17 +0000
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