September 3rd, 2014
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NEWS AND VIEWS FROM THE NEFARIUM APRIL 10 2014

Joseph comments on two important articles, this, from Der Spiegel, interviewing the German Interior Minister Thomas de Maziere, and Zero Hedge commenting on important international financial clearing developments in Russia:

German Minister: ‘US Operating Without any Kind of Boundaries’

US THreatens Russia with More Sanctions on Petrodollar busting deal

 

15 Responses to NEWS AND VIEWS FROM THE NEFARIUM APRIL 10 2014

  1. On this Boiling Frogs Post discussion, they suggest that, beyond the propaganda that is attempting to “divide the social space” by implying that you either have to be pro-US and anti-Russia, or pro-Russia and anti-US, Putin and his faction actually seem to have done very little in recent years to counter the country’s encirclement. Thus implying some kind of understanding between the oligarchies in the two countries.
    http://youtu.be/OBLkd2Fp0fc
    On the other hand, the discussion does not cover the financial and space aspects…

  2. http://articles.chicagotribune.com/2014-04-11/news/sns-rt-us-g20-economy-20140411_1_reforms-imf-world-bank-g20

    The BRICS alliance is on the offensive, this IMF reform was first proposed under Strauss-Kahn who was probably blackmailed thanks to Washington’s vast electronic spying network. But the “blow back” was “Snowden revelation” from last year (who happened to have slipped into Russia via Hong Kong), the offensive continues this year with renewed push for handing more IMF voting power to BRICS nations.
    It seems there is a certain consensus among the G20 ministers that they don’t want “Ukraine/Crimea crisis” to overshadow the IMF reform.

    “German Finance Minister Wolfgang Schaeuble said top finance officials from the Group of Seven developed nations, who met on Thursday, were resolved to work together to defuse the crisis, and that Russia must be a part of the solution.

    “We were all agreed that we must solve this problem together,” he told reporters, adding that Russia must be part of the solution. “We don’t want to make this difficult for Russia,” he said.

    Hockey said he expected Russia would attend G20 leaders summit in November.”
    And the Europeans and Australians alike have changed their rhetoric on Russia.

    • There will be “blow back” for the hijacking of flight MH370 as well. Speaking of “crisis of opportunity”, the “U.S.-ASEAN Forum” was held in Honolulu early this month.
      http://www.defense.gov/news/newsarticle.aspx?id=121942

      “a series of site visits to military bases and to a National Oceanic and Atmospheric Administration tsunami-threat and detection facility.”
      It’s “Operation Tomodachi” in South-East Asia, the aftermath of earthquake and tsunami hitting Fukushima. It comes at a time when Yukio Hatoyama’s government was shifting Japan towards a more “Asia-oriented” foreign policy.

      Citing the examples of Typhoon Haiyan and Flight 370, the U.S. military “reemphasize the U.S. rebalance to the Asia-Pacific region and the nation’s strategic interests there.” This happens in light of recent MH370 incident and at a time when China is pushing its “Maritime Silk Road” initiative in the region.

      Taken into consideration of the geopolitical parallel, it’s worth noting that during recent “Boao Forum for Asia” held in Hainan, China announced “all-round cooperative partnership” with Timor-Leste.(an article called “us china build timor-leste soft power” illustrates the ongoing proxy war)

      Timor-Leste has applied membership to ASEAN but is not a member yet, besides Australia has played prominent role in the nation’s history but Canberra has suffered a strained relation with Dili in recent years. In a way, improving ties with Timor-Leste amounts to putting pressure on ASEAN as well as Australia. Then its interesting to see Gusmao’s pledge of support for “maritime Silk Road” at this year’s BFA makes certain attending ASEAN members pale in comparison.
      “Operation Tomodachi” VS “Maritime Silk Roaad” or “hard military power” VS “soft economic power”.

      Plus,Timor-Leste is another nation sitting on “ring of fire”, prone to tsunami-threat like other ASEAN countries. Is there any facility in Australia capable of creating earthquakes?

      A lot of these so called natural disasters in recent years may have been result of a “silent” high-tech war (like those concentrated UFO activities around Japan’s Sakurajima Volcano). Pine Gap is most likely involved in this war given its probably older than America and Australia itself, and has been part of this “Star Wars” for quite sometime.. Then it’s interesting to see Australia is not only involved but is “leading the international search” for the missing flight MH370(another event indicative of such “high-tech” conflict), and is now “giving deadline” to American financial establishment.
      The immediate outcome of such war will manifest in the form of global financial struggle and shift as this post-WW2 “hidden system of finance” has everything to do with “the UFO phenomenon”, as observed by the Doctor from Gizadeathstar.

  3. Dr. Farrell

    A friend sent me a link to this post and asked what I thought. Here’s what I told him.

    Interesting post, but I’m skeptical, although what he’s talking about is sufficiently complicated that I’m not in a great position to assess whether it’s true. Here are my thoughts.

    1. There have been suggestions to move away from the dollar for many years. The EU has wanted to make the Euro the global reserve currency for at least 15 years. I think there are a lot of transactions denominated in Euros, although relatively few where one of the parties is not in the Eurozone. In contrast, transactions between China and Africa (which is a pretty high volume of trade, especially since China is trying to economically colonize developing countries) are almost certainly in dollars. Likewise, I’m sure, trade between other BRICSA countries and each other and third countries, is also in dollars. I know he’s not suggesting a flash cut from dollars to rubles or something, but this would be complicated to unwind.

    2. Russia’s economy, overall, is not that big, and it’s very heavily dependent on petroleum. Lack of diversification is a problem, and among other reasons because commodity prices tend to be volatile, which I think makes the ruble much less stable (that and overall political instability in Russia and environs). They could use the Euro, but Putin probably doesn’t want to. They could use some surrogate, like SDRs (Specialized Drawing Rights, which, as I recall, is tied to the price of gold. Which is also typically denominated in dollars.) They could use something like Bitcoin, but that’s far too small a platform to be viable, I think. I think these are some of the reasons why the dollar, for all our problems, remains the global reserve currency. It’s largely a matter of trust. Do you trust Russia, if you’re Germany or Ukraine?

    3. People are pissed about the NSA, but like Merkel and Sen. Feinstein, powerful people only care when it directly affects them. And surely they knew or suspected much of what was going on. They have to feign outrage now, but I don’t think they care much that the NSA is spying on their citizens. Is this enough of an impetus for them to unwind decades old alliances that have served their financial interests quite well? I’m skeptical. And the move he’s suggesting might also make the Euro less tenable (and it’s already fairly wobbly). Germany is the pre-eminent economic power in Europe, but the EU is far more than Germany. I find it hard to believe that Germany would align itself with Russia at the expense of Europe and NATO. Also, as you know, Germany does not share a border with Russia, and the countries in between have NO desire to have a closer relationship with Russia (ok, a significant number of Ukrainians do, but nobody else in the FSU/Warsaw Pact does).

    4. If what he’s saying is that Putin wants to set up an alternative financial clearing system to weaken the power of the dollar, maybe he does. But he and the rest of the Russian billionaires have huge assets (mostly, I suspect, outside of Russia) that probably are denominated largely in dollars. How would this affect the value of those assets? I’m actually not sure, but there’s a substantial risk that it would decrease their value, I think. There’s certainly risk, and rich people don’t like a lot of risk. So, I think there are powerful, personal financial interests at stake here as well that would prevent Putin from upsetting the apple cart. He may be KGB, but he’s no revolutionary.
    So, it all strikes me as unlikely (and I haven’t even mentioned, really, that the German government is a conservative government, and Merkel, having grown up in the east, is very pro-West). But it’s interesting.

  4. For years, going back at least as far as when Saddam was still the puppeteer non grata there was already talk of Iraq possibly uncoupling from the dollar transacting oil for another currency. It was then that I first realized that oil had supplanted bullion as the new gold standard and was the commodity that made the U.S. the dominant player on the world market. Endlessly economist wannabees would parrot that familiar line that the U.S. economy would be severely compromised if/when other nations started transaction in non U.S. currencies. It makes sense from a scarcity and price control point of view but I wonder if anyone has ever quantified the cost of this new means of exchange. What is the cost of the dollar having lost some of it’s solvency on the world market? Does anyone here has a link or resources that table this discussion with real numbers?

  5. Of course the staggering thing in the US reaction to the Russian-Chinese energy deal is that these arrogant tools are threatening sanctions against two major world powers and, wait for it, here comes the full retard–independant, soveriegn states–for making a bilateral economic agreement that simply ignores the existent of said retards.

    People have bought the propaganda for so long no one even notices the insanity of the threat.

  6. We will soon start analyzing why the various 20th century-based empires have been so short-lasting, at least with respect to the old maritime colonial empires. Now that the real “space race” is on.

  7. What we have here as in Cool Hand Luke a failure to communicate. Thanks Robert I was going to bring up that article from Global Research one wonder how the CSA would supply Europe with gas and oil. Floating Molotov cocktails aka LNG and Oil tankers how many explosions and sinking it will take to bury that idea. This just the ongoing story of the CSA making a case why they lost in 1865 and why they are unfit to strut the world stage today.

  8. Headline today from ZeroHedge:

    It’s On: Gazprom Prepares “Symbolic” Bond Issue In Chinese Yuan
    Apr 10, 2014

    Bloomberg adds that the gas giant is considering proposals from potential organizers to market bonds in yuan, Interfax reports, citing people with knowledge of the matter. [no date set yet]

    ” … and the New New Normal flow of funds will suddenly become clear … ”

    * Gazprom delivering gas to China.
    * China Gazprom paying in Yuan (convertible into Rubles)
    * Gazprom funding itself increasingly in Yuan.
    * Russia buying Chinese goods and services in Yuan (convertible into Rubles)

    from:
    http://www.zerohedge.com/news/2014-04-10/gazprom-prepares-symbolic-bond-issue-chinese-yuan

  9. NATO, like several swords of Damocles pointed towards mother Russia, has needed to be “disappeared” for some time. All an alchemist needed, to effect this, was a common “casus belli”. Voila! The “We Recognize No Boundaries, Nor Laws” attitude of the “West”; has ironically, conjured up such “magi” as a “ganying”/stimulus and response. This cosmology is not based on linear causality between distinct entities, but rather on making a connection between entities and phenomena. Paradigms precede and shape all operations and rational thinking methodology, theory building, the determination of facts, and perception. Surely “they” saw this coming?

    http://youtube.com/watch?v=RRgpQKmEMos

    • A recent article(4/10/14)by William F Engdahl shows how desperate the US has become. “Replacing Russian Gas Deliveries with US Shale Gas? Washington Lies To EU”.

      The gist, is that the US is showing itself, time & again,
      as an unreliable partner to the EU.

    • If it is designed by men , it will fail.

      If it is designed by god….what chance do THEY have against that?

      Perhaps, I have had the dark side wrong all along…..not too sure what that even means, my thoughts of course always seem too cheer everyone up…..odd

  10. Yep, fasten your seat belts, it’s going to get bumpy all right. It doesn’t matter which way you slice it, the US now has very few friends around the world, there maybe a few in name, but behind the doors of government, it may be a different story. Enter Mr. Snowdon, and now we see just how powerful his “leaks’ have become, when Germany says it is “not impressed” with the excuses of the NSA, then the game just got larger by a magnitude. Can you imagine the “atmosphere” when Frau Merkel visits the US, and Obombanation offers her the state dinner and the troop inspection, I’d love to be able to read Frau Merkel’ mind. A leopard never changes it’s spots, and the NSA never answers to anybody.