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The MoA Week In Review – (NOT Ukraine) OT 2022-80
Last week's posts at Moon of Alabama:
— Other issues:
Stagflation:
Crypto scam:
> Since the start of 2021, more than 46,000 people have reported losing over $1 billion in crypto to scams – that’s about one out of every four dollars reported lost, more than any other payment method. The median individual reported loss? A whopping $2,600. The top cryptocurrencies people said they used to pay scammers were Bitcoin (70%), Tether (10%), and Ether (9%). <
Shambles:
Use as open (not Ukraine) thread …
In Lavrov’s interview I posted and commented upon yesterday, there was something very important aside from the very strong language he employed I told readers to look for. There were no replies related to that content, so I’m providing what ought to be headlines:
Lavrov: We are learning from all of this [the sanctions, et al]. Never again should we rely on these people. That doesn’t mean we won’t talk to them at all. When they get ‘crazy,’ we’ll see what they tell us. In no case, from now on and forever, should we allow any critical spheres of life of our state, the lives of our people to depend on investments and technologies from Western countries. [My Emphasis]
Bye, bye West! Kiss Russia goodbye!! No Russian market to export to or invest in, meaning no income from any Russian activity–except for those very few European nations sane enough to remain friendly with Russia. I await the shoe to drop from the Duma in the form of legislation requiring all purchases of Russian exports by those nations on the Unfriendly List to be made in rubles or gold.
Related to this is this article suggested by Peter AU1 a few days ago that deals mostly with Kissinger’s shocking words said at Davos. For all his faults, Kissinger remains astute enough to see the folly in the Outlaw US Empire’s gameplan for decoupling Rusia from Europe, for that also greatly harms the Empire’s interests as it will create an impoverished EU incapable of purchasing its overpriced goods. From the article:
“The main external source of Russian self-confidence has been an objective assessment of the state of the international political and economic environment, in which even a complete break with the West would not be mortally dangerous for Russia from the point of view of solving its main development tasks. Moreover, it is precisely the need for more active rapprochement with other partners, which Russia has not experienced until recently, that may turn out to be a much more reliable way to survive in a changing environment.
“This is what is understood in the US and Europe with the greatest concern. In the event that Russia, during the years of the emerging disengagement from Europe, creates a comparable system of trade, economic, political, cultural and human ties in the South and East, the return of this country to the Western area will become technically difficult, if ever realisable. So far, such a development of events is hindered by a colossal number of factors, among which in the first place is the inertia of close interaction with Europe and active mutual presence accumulated over the past 300 years. Moreover, it was Europe that was the only constant partner of Russia after the appearance of this power in the arena of international cooperation. However, in the event that the acute phase of the conflict in Ukraine really turns out to be very long, which, apparently, is the case, then the elementary needs of survival will force Russia to get rid of what binds it to Europe. This is exactly what those Russian scholars and public figures are calling for, who in every possible way emphasise the existential nature of the confrontation taking place on our western borders.” [My Emphasis]
All top Russian leaders are saying the same things as Lavrov just did but in differing contexts. I should add that it’s also important to listen to what Belarus’s Lukashenko says. From following the MFA’s website, I can say that since the new year began interaction with all Global South regions have rapidly accelerated. The result is increased desires by multiple nations to join BRICS, SCO, EAEU, CSTO, and the Union State. Plus, all these nations and their blocs agree on the paramount importance of the UN Charter and its International Law while overtly rejecting the Outlaw US Empire’s rules based order. And most noticeably is Putin’s directives in his meetings on the economy to speed up development in every sphere, especially import substitution and reverse engineering since Russia no longer recognizes Western patents in response to the illegal sanctions regime.
The Great Global Turning is happening and not on the WEF or Outlaw US Empire’s terms.
Posted by: karlof1 | Jun 5 2022 22:04 utc | 67
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