Moon of Alabama Brecht quote
August 6, 2023
Ukraine Open Thread 2023-187

Only for news & views directly related to the Ukraine conflict.

The current open thread for other issues is here.

Please stick to the topic. Contribute facts. Do not attack other commentators.

Comments

Posted by: ukromobilization | Aug 6 2023 19:38 utc | 93

.. The other side of the issue is the command of such units. You can recruit tens of thousands of conscripts aged 40-55. It is more difficult to understand who will control these troops on the battlefield. The shortage of junior and senior command staff began long before the start of the AFU offensive, and this problem has not yet been solved. ..

Your last sentence in all microphones the those of the MSM’s today , honours/thanks ..
Sorry, I remind You, You won’t be able to stop the “BIDEN” CLAN at corruption for the latest 10 years..
(listen today to Tucker Calson on X ..), follow Your mind and logical issues – thanks, so far.

Posted by: spare_truth | Aug 6 2023 20:01 utc | 101

You can recruit tens of thousands of conscripts aged 40-55.

Yes but how effective is an army with median age 47 year olds?
The male peaks physically in his late 20’s. By age 35-40, reflexes, endurance, and strength are all generally in decline. While there are some technological aspects of modern warfare that mitigate it somewhat, a bunch of 50 year olds going against an enemy with 20-30 year olds will generally end with the predictable outcome.

Posted by: Ghost of Zanon | Aug 6 2023 20:01 utc | 102

That was Plan A. We now are working with Plan B, or maybe Plan C.
Posted by: Ed4 | Aug 6 2023 19:19 utc |
—————————————————
Sorry Ed4, but I do not accept your hypothesis about Plan A. Russia declared it a faint to allow other forces in the south to move forward while Ukraine forces were sending forces to the City of Kiev. A faint requires realism, or it won’t work. The idea was that Ukraine President Zelensky would come to the negotiation table, which he did, but the US and UK prevented any real negotiations because they wanted this war.
Putin did not wat a war, you cannot conquer a country the size of Ukraine with 90 to 105 thousand troops: it is impossible.
Plan B was the mobilization is the new mobilization of the 300,000 plus forces and the Wanger forces, after realizing that there was no one to negotiate with. Notice that the front line of the war (SMO) remains on the border or inside the borders of the four oblasts that voted to join the Russian Federation.
Plan C may require that Russia take Odessa and Kiev, but this will require another mobilization. After enough drone attacks against Moscow, St. Petersburg, and Crimea, the people of Russian will sign up in droves. Zelensky has no idea what he is doing and the drone attacks are an act of desperation.

Posted by: Ed | Aug 6 2023 20:04 utc | 103

Another view…
INDY
Posted by: Dr. George W Oprisko | Aug 6 2023 19:41 utc | 97

It is instructive to go back and revisit what Simplicicus was writing back in December. Many appear to have forgotten. But I haven’t.

Posted by: shаdοwbanned | Aug 6 2023 20:11 utc | 104

Demilitarization & Denazification without occupying Nazi infected territory?
What re u smoking?
Kremlin SMO wheed?
Imagine Stalin, Churchill & Roosevelt would ve „demilitarize“ & „denazify“ Nazi Germany by 5d Chessmaster SMO! ?
No Monseigneure u ve to grab first the Territory eliminate ALL nazis and nazi supporters. Later u set up a kind of marshal plan reeducate the brainwashed population and slowly in waves give them back the territory
But ok let’s just follow 5D Sado Mado Operation and ser where it leads us next 18 months

Posted by: SlowSoft | Aug 6 2023 20:13 utc | 105

What the heck? Has Russia no shame? Escorting the enemy drone instead of killing it or at least taking it down? Learn respect and honour from the Iranians.
Quote ”
5 AUG, 17:04Updated at: 18:51
Russia’s Su-30 fighter shadows US MQ-9A Reaper drone over Black Sea
As soon as the Russian fighter approached the foreign reconnaissance drone, the latter made a U-turn away from the state border of Russia”
Posted by: Sam | Aug 6 2023 19:56 utc | 101

This is actually a shameful story for Russia.
Notice how there is no mention of the exact coordinates of where this happened.
So what likely happened was that the MQ-9A was headed straight towards Crimea or Sochi and only then was the Su-30 scrambled, and still it didn’t touch it.
This in situation where what needs to happen is for every RQ-4B, MQ-9A, P-8, etc. that gets within 200 km of Crimea to she shot down on sight (because those aircraft are taking active part in attacks on Russian territory).
Here they are putting out this announcement to create the impression that they are doing something. They are not, they are cucking as usual.

Posted by: shаdοwbanned | Aug 6 2023 20:17 utc | 106

@ Boris Badenov | Aug 6 2023 19:52 utc | 100
LOL! Thank you for adding some perspective to one of the worst comment threads I’ve ever seen on this site. (Although Dr. Oprisko reproduced some valuable commentary.)

Posted by: malenkov | Aug 6 2023 20:17 utc | 107

Posted by: Ed | Aug 6 2023 20:04 utc | 104

.. after enough drone attacks against Moscow, St. Petersburg, and Crimea, the people of Russian will sign up in droves. Zelensky has no idea what he is doing and the drone attacks are an act of desperation. ..

Last sentence is true. But you know what you’vebto do “at least” : get a contract withe devil, means: destroy all of the “Russian” people wheter it’ts a good or bad guy, destroy them ALL, also Your Grand-MA, Your Baby .. that’s OK ??
Mr. ‘Z. is a real “Dead person” – anyway, wherever he’s going in hidden state to Calif or Florida or Haway or whereelse … : He is dead!
Question however, how it’s going on then in UKR .. Lands-“Rights”, Rockefeller, Gates-Agri, etc. ..etc. ?
A lot of engageded SNIPERS will wait for their orders .. Be sure ..
Always wait – for the next CLUSTER Bomb on to Your house in LA.
Good luck – Amigos.

Posted by: spare_truth | Aug 6 2023 20:24 utc | 108

No Monseigneure u ve to grab first the Territory eliminate ALL nazis and nazi supporters. Later u set up a kind of marshal plan reeducate the brainwashed population and slowly in waves give them back the territory
But ok let’s just follow 5D Sado Mado Operation and ser where it leads us next 18 months
Posted by: SlowSoft | Aug 6 2023 20:13 utc | 106

Correct about the first part. Wrong on the latter. There can be no giving back of territory. This will never end without also DEUKRAINIZATION.
Because at this point there cannot be any concept of “Ukraine” that is not on a Nazi and virulently anti-Russian basis. It has to be squashed and extinguished.
Further, after that there has to be an active campaign on the diaspora leaders in Canada, US and the Europe, the way Israel’s secret services were going after the Nazis in South America for decades. Hunt every single one of them down mercilessly until there is no organized resistance outside what is controlled by Russia.
The KGB for some reason stopped doing it after they got Bandera in 1959 and never really went after anyone in Canada. Big mistake, for which hundreds of thousands are paying with their lives now.
But if the Soviets didn’t take care of the problem, how do we expect the current neoliberal traitors, who betrayed the country countless times in the last 35-40 years, and were also ready to hand Crimea back to Ukraine last March, to do it?

Posted by: shаdοwbanned | Aug 6 2023 20:25 utc | 109

Early on the Russians did loose control of parts of the airport grounds. But more importantly the Russians never where able to use the airport as an ‘airport’ to flood the capital with troops to make further resistance futile due to Ukraine’s resistance around the perimeter and Ukrainian artillery.
I guess you could say tactically it was successful but strategically it was a failure.
Putin rolled the dice and this time it didn’t work.
Posted by: Ed4 | Aug 6 2023 19:33 utc | 92

Didn’t need the airport to bring troops after the first couple days — they had a land corridor. Which they used to bring that infamous endless convoy and park it outside Kiev.

Posted by: shаdοwbanned | Aug 6 2023 20:27 utc | 110

ahh can’t you shut up a bit? I mean those piggie squeezies are really too loud 😀

Posted by: Macpott | Aug 6 2023 20:33 utc | 111

Muthaucker | Aug 6 2023 18:22 utc | 70

Your idiocy and the equally fabulous RuMod Report are catnip for the heavily propagandized.
If even 50% of that crapola was true, Ukraine would have ceased to exist long ago….yet they fight on.
Funny that.

But, but, you are even funnier O Rum Cake Hut !

Posted by: Sarlat La Canède | Aug 6 2023 20:36 utc | 112

Posted by: shаdοwbanned | Aug 6 2023 20:27 utc | 111

.. bring that infamous endless convoy and park it outside Kiev.

May be – would not estimate what would follow therafter, so ..
What “Wagers” would have a “say” crossing this BELARUS / UKR borders interests line ..?
Beyond:
The “war” seems no going ahead to a NAVAl-War by sea-drones in the Black-Sea areas.
That’s not yet a good sign for RF ! (Another one Flag-ship, one civil-ship destroyed).
How to get “control” over the Black-Sea, even steadily watched by US-Radar-Plane ?
That’s very difficult for RF! USA forces plan an attack on 6 ! Russian Naval/Navy Stations!
So, what’s about Cuba/Florida, NOW ? .. or Philippines US Bases , or Ramstein/Germany ..?
Think about- Mr. Biden, sorry you cannot, so pls. let think about : YOUR LA. , YOUR Friso, Boston, etc.
Please think ..

Posted by: spare_truth | Aug 6 2023 20:49 utc | 113

Posted by: shаdοwbanned | Aug 6 2023 20:25 utc | 110
Maybe u re right.
But after intensive area bombing with afterwards demilitarization & denazification the combination of carrots and sticks functioned effectively in nazi Germany
The Masters gave them back virtually territory but practically behind the scenes the masters still controlling Germany
Germany is still an occupied territory but nobody perceives it as such

Posted by: SlowSoft | Aug 6 2023 20:49 utc | 114

@ Posted by: English Outsider | Aug 6 2023 16:51 utc | 35
Th problem with Ireland is that British people think it’s any of their business. When the British bugger off the Irish will have to sort things out for themselves.

Posted by: Squeeth | Aug 6 2023 20:50 utc | 115

Posted by: shаdοwbanned | Aug 6 2023 20:25 utc | 110
Maybe u re right.
But after intensive area bombing with afterwards demilitarization & denazification the combination of carrots and sticks functioned effectively in nazi Germany
The Masters gave them back virtually territory but practically behind the scenes the masters still controlling Germany
Germany is still an occupied territory but nobody perceives it as such
Posted by: SlowSoft | Aug 6 2023 20:49 utc | 115

Different situation. Germans are Germans — they have dominated Central Europe for 1500 years, produced much of the world’s scientific and cultural heritage, there is nothing to fight over there in terms of identity.
Not so with Ukraine. It has nothing outside Nazi LARP-ing and being an Anti-Russia. I know it is hard to understand for people who only became interested in this subject recently, but back in the 1990s, before the Banderites fully took over, everyone in the region looked down on Ukraine as an artificial ephemeral entity, that will not last very long. As in “Why are you pretending to be separate when most of you are Russians, you speak Russian, you watch Russian TV, you listen to Russian music, etc.? Ukranian is a fake identity, just admit it and rejoing the motherland”. And back then that is indeed how it was — nobody spoke Ukrainian other than in Galicia and villages in western Ukraine (Russian was spoken by most even in the other major cities in western Ukraine). If there had been no Nazi turn, it would have become like Belarus — there Lukashenko shut down the nascent nationalist movement and today you will be hard pressed to find people who actually use the Belorussian language daily. Mostly in the villages and the few who are passionate about Belorussian nationalism. They teach Belorussian in schools and it is used for official purposes, but that is more and more reminiscent of the way Old Church Slavonic was used around Eastern Europe in the 19ht century — for purely ceremonial reasons. In daily life it is 95%+ Russian being used.
The same would have happened in Ukraine without the Banderites.
Because again, if you remove the Nazi and anti-Russian foundation, then there is nothing left of the Ukrainian identity. The cultural legacy is limited to Taras Shevchenko, who nobody would have heard of if he hadn’t been so important for Ukrainian nationalists (look up who the major Russian contemporaries were and think objectively about how he compares). No writers, composers, painters, no major political and military leaders other than brutal Nazi degenerates who slaughtered millions of Jewish, Polish and Russian civilians, just nothing. The whole basis of Ukraine’s existence as a separate thing is hating Russia.
And after this war, there can never be a non-hostile Ukraine that is allowed to remain Ukrainian culturally. It has to be eradicated, or Russia will have an endless problem on its borders.
BTW, Russia has a history of solving such problems decisively, as it has had to deal with hostile states on its borders many times, and several of those no longer exist even as a remnant ethnicity inside Russia.
But with the current leadership in the Kremlin our hopes for such decisive action are slim.

Posted by: shаdοwbanned | Aug 6 2023 21:11 utc | 116

The enemy threw tanks to break through our defense on the flank near Artemovsk
This morning, on the northern flank of Artyomovsk, from the side of the Berkhovsky reservoir, our landing force noticed the advance of a column of APU equipment from 4 tanks and 6 armored vehicles.
As a result of the work of our artillery and reconnaissance, 4 tanks and 5 armored vehicles were destroyed. The rest hastily retreated.
All morning, the destruction of the remnants of the surviving enemy infantry, which fled across the landings, continued.
Also, the Ka-52 “Alligator” attack helicopter supported our troops in repelling the morning counterattack, destroying a tank and an infantry fighting vehicle.
Then the enemy on two armored personnel carriers tried to evacuate and was covered by fire.
https://twitter.com/djuric_zlatko/status/1688298782251732992

Posted by: unimperator | Aug 6 2023 21:22 utc | 117

It’s pretty clear that the west has a tight grip on the narrative, mainly because they’ve been shutting down any alternative perspectives on the war within their own countries. Oh, they’re definitely winning that battle within their own populations.
Yeah, they’re actually losing in two areas of this war. Firstly, their highly anticipated counteroffensive on the ground didn’t quite go as planned.
Secondly, not many people that I know have realised this, but Russia is actually winning the on-the-ground video battle against the west. There are way more videos of Russian strikes on Ukraine positions circulating on the web than what Kiev is able to produce. I think this has had a big impact. So much so that Ive seen kiev and western media actuakky using Russian videos of attacks on kiev equipment and claiming it is a ukraine attack on Russians.

Posted by: HERMIUS | Aug 6 2023 21:25 utc | 118

The RF-UKR “war” is now going towards another tactical region, caused by the USA-MIL commanders and its currently underlying UKR deputies commanders.
That is the Black Sea, now. US-Radar-Sats have focused on each square-meter where the Russians still operating. Daily-Night-Time does not matter (both, RF and UA soldiers being equipped with a good night-view). But the problem for RF is that they are more & more attacked in their frin-line strongholds by US-made high-precision HIMARS rockets that have been fired a long distance before the combat line (max 70 km), so the RF ground radar systems cannot detect them in an early required state before the final strike.
The “distance” is always a matter of success. Short-range is godd – others not.
Therfore the “Wagners” are obviously moving ahead Northern UKR border, and the Eastern Polish border.
Let’s see what may happen on “this side” of the ever ongoing war US/UK <> RUSSIA !

Posted by: spare_truth | Aug 6 2023 21:28 utc | 119

Posted by: HERMIUS | Aug 6 2023 21:25 utc | 119
Since the very beginning of SMO, AFU/Nato showed a lot of videos of their own stuff destroyed. It’s easy to spray paint Z’s and V’s into any tank, film them from 3 directions, and the dumb population in the West thinks only Russia has T-64 and T-55 tanks, because they’re, you know, russkie soviet tanks and Russia emptied all the tank museums for T-34 and KV-2 in the country after running out of the modern T-64.
Anyway, the current narrative on the counter-offensive is “it is progressing slower than expected”. And some clown outlets also learned a new term called combined arms, and said that ukies abandoned the Ubermensch Nato tactics which is why their counter-offensive is so slow.

Posted by: unimperator | Aug 6 2023 21:32 utc | 120

The West has now resorted to outright lying and making false statements, now that the counteroffensive has clearly stalled out.
“Ukraine breaches Russian first line of defense” blares a fake-news headline in Yahoo. On closer look, it is straight from the UAF defense minister, who is making shit up.
Seems we have a new phase of the liar-offensive. I guess deceiving their own citizens and feeding them BS is all they have.

Posted by: Ghost of Zanon | Aug 6 2023 21:33 utc | 121

Posted by: Ghost of Zanon | Aug 6 2023 21:33 utc | 122
Yes. And the lying offensive will get worse as it becomes clearer theyre losing. Theyre running out of ideas now. Everything has failed – Puting is still in power and his support is stronger than ever, theres no anticipated Moscow Maydan, Russia aint running out of missiles and finally, the russian army are not using shovels after all.
ZELENSKY GO F*CK YOURSELF!

Posted by: HERMIUS | Aug 6 2023 21:37 utc | 122

to both irish al and English Outsider | Aug 6 2023 16:51 utc | 35 …
What’s the poit of bothering about “Ireland” (north or south) at all?
The republic has thrown away its neutrality to become a NATO puppet, and prior to that its sovereignty to become a region of ‘Brusels’. The “UK” is no better, whether brexit or not.
Two arselicks of the US-empire having a squabble?
There’s really no point, since they’re both uttely rotten.
At least the Irish Republic has Daley and Wallace; Britan doesn’t even have that.

Posted by: Cynic | Aug 6 2023 21:43 utc | 123

Obviously US-NATO war profiteers could care less if Ukraine people are killed their infrastructure destroyed. Russian retaliatory strikes in Ukraine will not deter the West/NATO from escalating. Russia should retaliate by striking targets OUTSIDE of Ukraine that do not invite NATO intervention. with Assad’s authorization, Russia would be justified and could strike a huge financial blow if it were to target and destroy the US illegal oil theft infrastructure in Syria that steals billions of Syrian sovereign resources.

Posted by: Willow | Aug 6 2023 21:47 utc | 124

Dr. George W Oprisko | Aug 6 2023 19:22 utc | 88

There is much ado about NATO/USA security guarantees, their forcing the Russians into ceasefire agreements, and other such….
Aurilen continues….
Which explains the current sham…

Blablablablahhh

…mend it highly enough.
I concur…
INDY

It’s real shame YNDY, cos, there’s logorrhoea and then there are your succinct missives !

Posted by: Sarlat La Canède | Aug 6 2023 21:53 utc | 125

young | Aug 6 2023 17:20 utc | 48
***The USA will become totally broke with no mechanism to recover since it off loaded its manufacturing capability over the decades.
You will not be able recognize the USA 3 months after it loses the reserve currency status of its USD. It will be worse than any of the 3rd world countries.***
No it won’t be — at least not in the short to medium term (ie. for a long time)– because the corporate owned, debt-finance based US-empire will *command* its servile dancing monkeys (mainly NATO entrapees) to *pretend* that there is not any problem. And behave accordingly.
And they will obey.

Posted by: Cynic | Aug 6 2023 21:55 utc | 126

Posted by: HERMIUS | Aug 6 2023 21:37 utc | 123

.. Yes. And the lying offensive will get worse as it becomes clearer theyre losing. Theyre running out of ideas now. Everything has failed ..

Slowly – running off ideas is on both sides.
– UKR is running off its ideas due to a senseless of “no lands” forward storming, then in open-fields being destroyed.
– RF is running off their equipment on the small attack drones (Lancets not usable for near-shots on enemy’s artillary).
So both, RF + UKR bataillons have a problem that lead to stick on current front lines without moving some miles forward & retreat.
This situation is tactically still in favour of the RF forces, even having less man power for direct combat fightings when UAF men advance ‘foot-by-foot’ ..
So see, how the ‘Black Sea War’ will go on .. another war-ship, another civilian-ship, another oil-reservoir will or won’t be destroyed by the USA!

Posted by: spare_truth | Aug 6 2023 22:02 utc | 127

Sam | Aug 6 2023 18:14 utc | 66
***.. plotting all major wars including world wars and Syrian a x iraq war /and not to forget Bojo’s Ukraine war ..***
You forgot Libya and Yugoslavia.

Posted by: Cynic | Aug 6 2023 22:08 utc | 128

Posted by: spare_truth | Aug 6 2023 22:02 utc | 128
One thing that’s strange is the amount of those old Soviet D-20/D-30 tubes that are still daily in RU MOD reports. But it seems they could be less, and replaced more with stuff like Polish Krab, M109 Paladin and M-777 getting larger share of destroyed stuff.
The thing is, Ukraine had such a massive arsenal of those Soviet tubes to begin with that US simply can’t replace them very quickly. US is giving peanuts compared to what they lost in artillery. M109 Paladin and M-777 are the main product, but some months ago there were claims that US has started giving smaller and less effective 105mm guns as there isn’t very many 155mm based.

Posted by: unimperator | Aug 6 2023 22:08 utc | 129

Squeeth | Aug 6 2023 20:50 utc | 116
*** When the British bugger off the Irish will have to sort things out for themselves.***
Too late already. Under the control of NATO and the Brussels administrative office of the US-empire, and with mass-immigration and wokism to erode identity anyway … “Ireland” as a non-fantasy is just about gone.
As are the British.

Posted by: Cynic | Aug 6 2023 22:18 utc | 130

young | Aug 6 2023 17:20 utc | 48
***The USA will become totally broke…
No it won’t be — at least not in the short to medium term…
Cynic | Aug 6 2023 21:55 utc | 127
Currently we have a gov that has debt financing baked in the cake (ongoing deficit spending), plus we routinely have old debt that has to be recycled. The functional equivalent of bankruptcy will occur when we run out of borrowers. That we can “print up money at will” simply isn’t true. And for those who claim otherwise, I ask why we keep borrowing money and enduring the interest expense on the borrowed money?
Anyway, the credit agency Fitch has downgraded federal debt from AAA to AA+. A tiny reduction, but something that Fitch would do only with great reluctance owing to political pressure. In my view anyway, the apparent reason for the reduction is that Fitch thinks there is some real credit hazard to our gov debt and they don’t want to be caught rating it AAA should our credit rating start going south. If our credit rating starts to slip a little more the government won’t be able to do a thing about it because the downgrade by itself weakens the governments credit rating owing to the higher interest rate expense.
Our government’s ability to borrow will get in trouble when the borrows start to get nervous, and that is somewhat emotional. Thus there is no truly adequate way of knowing when a financial breakdown will occur, so I make no timing prediction, but I do predict we are headed for one and that it will be a hell of a mess when it hits. I am guessing it won’t be soon enough to effect the Ukraine war, but that is not a certainty. Also, it could be triggered by financial trouble that occurs in Europe first and spreads.

Posted by: Jmaas | Aug 6 2023 22:27 utc | 131

Posted by: Dr. George W Oprisko | Aug 6 2023 19:41 utc | 97
Interesting but wrong about frontages, Soviet doctrine expected a division to hold a 30km front (not 10km) and even larger, given certain circumstances. Russia has had to deal with three main restrictors, a continuous front is not necessarily one of them and can can, during a breakthrough and exploitation be an asset.
1. NATO ISR, the most critical force multiplier for numerous reasons, including denying Russian forces the ability to concentrate forces on an axis of their choosing, maximising Ukrainian indirect fire assets and air defence units.
2. NATO logistic support, often forgotten, the West are head and shoulders above other nations in regards to the supply and delivery of POL and the three B’s (billets beans and bandages). NATO logistics expertise has allowed Ukraine to keep in the fight.
3. NATO weapons and equipment, much derided unfairly, these weapons have posed numerous problems for Russian planners and significantly reduced the effectiveness of their mechanised and air units. Coupled with 1. they have prevented Russia from conducting the type of operations they trained for.
Without the above, Ukraine would have lasted months if not weeks, continuous front or not. Russia has adapted faster than Ukraine, or her backers expected and learned how to adapt to the impact of these restrictors and find their numerous vulnerabilities, but they have significantly impacted on Russian operational planning.

Posted by: Milites | Aug 6 2023 22:29 utc | 132

Posted by: Biswapriya Purkayast | Aug 6 2023 15:22 utc | 16
This guerrilla campaign that would defeat Russia is a fantasy.
Yes. I recollect Scott Ritter pointing that out a long time ago. Any formed body of men wouldn’t survive. Any base, however minimal, would be detected in no time. Bandera would actually have quite a tough time today, were he to use the same methods as then.
What we saw in Ireland was not that. Nowhere near. And yet some 3,000 fighters kept an army busy and the Security Services at full stretch. The intention not to “defeat” militarily. The intention to disrupt.
We’ve seen some of that in the Donbass. But the population there is mainly Russian or pro-Russian so no sympathetic mass of people to melt back into. Further west that would not be the case. It’d be a real security headache and not one the Russians would want to have to sort out, as they would have to were there a permanent occupation.
Sleboda reckons that remnant Ukraine will remain “”a zone of destabilisation and insecurity to the rest of our lives.” That’s what NATO was aiming for with the talk of a DMZ, and a remnant Ukraine beyond that NATO could continue to supply with arms and long range weapons. That’s really what “as long as it takes” means.
I don’t believe the Russians will fall for that. Not now they’ve come this far. They’d end up with much the same problem on their border as they had before 2022. I don’t think they’ll put up with a “zone of destabilisation and insecurity” that close. And most of the real hard line ultra-nationalists will be dead or living elsewhere in any case.
So it’s likely the Russians will set up some arrangement that allows them to check there are no arms coming in and that allows them to ensure there’s no more mayhem – because there are more minorities than the Russian, very many more, and the Russians won’t want to see sectarian or inter-ethnic violence get out of hand.
You see suggestions that the Russians should let the Poles have remnant Ukraine, or let the remnant be given to the various countries on the borders who have a claim on this or that bit of territory. It’s be a solution of sorts but do you think it realistic? I don’t. The loss of face for NATO if it ended up like that would surely be difficult to take.
Anyway, however it’s done I do think it likely that the Russians will ensure remnant Ukraine is defanged one way or the other. The real post-war problem they face is getting those December 2021 European security demands met. That’s a difficulty on quite another scale and we Europeans will soon be looking on anxiously to see whether that’s going to be done and how.

Posted by: English Outsider | Aug 6 2023 22:41 utc | 133

Dear “trolls” (on either side), if you are confident you’ve figured out how this all turns out, you’re wasting your time posting here. Instead, go research long-duration options contracts. If you’re right, you will be filthy rich within a year or three.
Posted by: Boris Badenov | Aug 6 2023 19:52 utc | 100
I have long studied the History of Eastern Europe, and, yes, Economic History. From that and reading the available tea-leaves, I conclude Russia cannot lose this war, and, as a Nation, cannot afford to lose this war. Ukraine was ginned up by the Evil Windbag Twins in DC and London.
So thank you for the offer to invest in long term contracts, I assume commodities, long or short, but I shall pass. You perhaps are unaware that a handful of banks, and another handful of whales can swing commodity prices so that you nor I can hold on for the ride.
But, thanks again, for your concern.
p.s. Not missing many meals, and gave up drinking 12 years ago.

Posted by: kupkee | Aug 6 2023 22:45 utc | 134

Yes, kupkee, but is Russia gonna win in 6 months, 9 months, or 7 months, 2 weeks, 4 days, and 13.044 minutes. We “concerned” users demand to know!1!!!

Posted by: malenkov | Aug 6 2023 23:04 utc | 135

@ SlowSoft
Well put, 106!

Posted by: John Marks | Aug 6 2023 23:06 utc | 136

@ shadowbanned, §117:
For once, I agree with you. “The Ukraine” is indeed a total invention: of the victorious Prussians and Austrians at the Treaty of Brest-Litovsk, 1917.
So in 1941, another fellow thought it was his “Lebensraum”

Posted by: John Marks | Aug 6 2023 23:19 utc | 137

how do the Ukr/UK sea drones communicate with the control room?
At that distance it must be some strong radio modem. Why isn’t Russia able to spot them using the radio signals?

Posted by: cafe_con_leche | Aug 6 2023 23:22 utc | 138

I guess it hasn’t dawned on some yet. It’s not Russia stuck with the Ukraine war, it’s Maerica. Russia has virtually no sovereign debt, an economy that makes things and has huge quantities of raw resources and one of the most educated workforces on the planet.
The longer this drags on, the more Maericas reputation is shattered and her real economy distorted. Her weapons lying smouldering across the battlefields, like so many broken toys. Big talk from a deluded old man who can hardly walk any walk, hiding behind Ukraine. ‘WE WILL DO WHATVEER IT TAKES!’ they cry, the chicken hawk cowards. ‘But no..not that’ they say. Not F16. Not actual involvement. No, Ukrainians have been Maerican patsies in this war and they are starting to notice. I cannot imagine they will be grateful.
Meanwhile those financial nuts keep a roasting. What’s-her-name flys out to Beijing begging to get the Chinese to buy US government securities. Maybe they can get Europe to buy some. Ha. Ha.

Posted by: Doctor Eleven | Aug 6 2023 23:22 utc | 139

@ Cynic, §124:
Britain has Andrew Bridgen for one . . .

Posted by: John Marks | Aug 6 2023 23:23 utc | 140

Trust me it has finally dawned on the Maericans which is why their little get together in Riyadh has such a desperate air to it.

Posted by: Doctor Eleven | Aug 6 2023 23:25 utc | 141

@ Willow, §125:
Good thinking, Willow.
After coordinating with allies in Iraq, etc.

Posted by: John Marks | Aug 6 2023 23:25 utc | 142

@ Doctor Eleven | Aug 6 2023 23:22 utc | 140
Love your comments—but am curious as to why you type “Maerica” instead of “America.” Some spellings I csn figure out—like Amerikkka—but not yours..,

Posted by: malenkov | Aug 6 2023 23:25 utc | 143

Posted by: shаdοwbanned | Aug 6 2023 20:27 utc | 111
Yup, and they linked up pretty quickly too. BUt it was too late as Ukraine decided to fight unlike Hungary, Czechoslovakia and eventually Afghanistan.

Posted by: Ed4 | Aug 6 2023 23:26 utc | 144

I had given this warning way back in 2008. It was not so difficult ult to predict but Putin and his anglophile cabinet ignored the obvious red flags.
Putin useless
2008
Mr. Putin -there is not much time left. Anglosaxon pirate race like English and Americans are spreading their evil design like wild fire on this world, 2020 is too late. Russia has to prepare for coming world war 3 imposed on it by England and run by USA. Russia must ally with China and Germany to destroy England the primary seat of evil.
———————————————————————————————————————
  4th June, 2007.
 President putin is wrong when he says that russia should or will target the missile on europe if america goes with anti missile defence plan in Europe.
Russia must target (rather than should) the nuclear missiles with multiple war heads against all the cities, towns and big villages( including military instalations) of england because this cold war -like the  one before- is being started by england for the benefit of english race only-.it is race war between the english parasite race versus the rest of the world-the sooner the rest of the world realizes that better it is for the world.
look how germany wes villified soon after fall of soviet union-look how russia is being vilified immediately  after Putin made russia strong.
  
such is the evil propaganda of british  spies inside america.  .
poland is nothing but a proxy for the british parasites.
It is no use targeting poland -target the main villain which is england and the english race which must be annihilated from the face of the world.
PAS AMERICA IS TRYING TO DO AND THEN RUSSIA WILL BE =DESTROYED AS IS THE VERY INSTEDSION OF USA?
RUSSIA MUST NOT LET USA SCORE3 ANY MORE POINT ANYWHERE LET ALONE IN IRAN OTHERWISE RUSSIA IS FINISHED EVEN AS A COUNTRY .
=========================================================================
iran and russia.
If russia follishly stop busher plant work or does not support iran a=verses the west then russia will be doomed as well because then resurgent west ,which has ben ploting against russia too,will have ecicircled and weakned russia.and russia will have no friend to look to when it is under pressure from the west.
thertefore russia must support all the countries who have stod fagainst angloamerican evil -only by this method russia and other countries can maintain their indepdence.
=====================================================================================
=======================================================================
Has putin been neutered now after anglosopnsored protest agasint his rightful convincing win int eh election?
Seems so.
26th October 2012- he thinks that giving board membership to his british enemy  will bring transparency ?
The same BP of gulf of Mexico oil spill fame BP representatives on Rosneft board will provide extra transparency – Putin
The presence of BP representatives on the board of directors of Rosneft will provide extra transparency for the Russian oil company, President Vladimir Putin said on Thursday. “If there is a representative of a major shareholder there on the board of directors, that will provide additional transparency to the activities of our largest oil company,” Interfax quoted him as saying. He made the statement at a meeting with members of the Valday international discussion club.
6th November 2012—
this lavrov in foreign ministry is an useless man who should be kicked out by Putin and Sergei Ivanov -former defense misnter in 2006- be made foreign minister or prime minister by kicking out traitor medvedev too.

Posted by: Sam | Aug 6 2023 23:26 utc | 145

“Currently we have a gov that has debt financing baked in the cake (ongoing deficit spending), plus we routinely have old debt that has to be recycled. The functional equivalent of bankruptcy will occur when we run out of borrowers. That we can “print up money at will” simply isn’t true. And for those who claim otherwise, I ask why we keep borrowing money and enduring the interest expense on the borrowed money? ”
Posted by: Jmaas | Aug 6 2023 22:27 utc | 132
Benn explained 26 times in the non Ukraine thread why it doesn’t work like you suggest Jamaas.
It is purely a politic choice. A left over from the Gold standard days.
The non Ukraine thread number 183.

Posted by: Echo Chamber | Aug 6 2023 23:29 utc | 146

@ Jmaas, §132:
Yes, the whole point of the exercise now is to make sure we, the taxpayers, are the bag-holders.

Posted by: John Marks | Aug 6 2023 23:30 utc | 147

A question for the bar.
If push comes to shove and Biden presses the button, what are the odds that the military would refuse?
The brass at the Pentagon certainly know that enough Russian missiles would get through to destroy the country. Even if Biden and the idiots at the state department decide that their ideology is important enough to spend the rest of their lives in bunkers, or to flee to NZ, or whatever, the military would have to carry out those orders knowing that almost all of them would die.

Posted by: team10tim | Aug 6 2023 23:30 utc | 148

@ team10tim | Aug 6 2023 23:30 utc | 149
Either they fire the nukes and hope for the best, or they face court-martial for insubordination and lose access to the country’s Number One gravy train.
The choice would seem obvious.

Posted by: malenkov | Aug 6 2023 23:39 utc | 149

@b you shouldnt delete those
payne will come 🙂

Posted by: Macpott | Aug 6 2023 23:45 utc | 150

Posted by: Ed | Aug 6 2023 20:04 utc | 104
Yup, understand you don’t believe it. But I do. In addition these things fill out a little more of the puzzle — for me.
Rosgvardiya soldiers testified in Russian court that their orders were to patrol the streets of Kyiv after it fell when they arrived in February 2022. “The task of our detachment was to guard the streets and intersections of Kyiv.”
https://twitter.com/PjotrSauer/status/1530181502398611456
https://www.theguardian.com/world/2022/may/27/115-russian-national-guard-soldiers-sacked-for-refusing-to-fight-in-ukraine
https://www.ft.com/content/7a63fc25-2e34-4030-b957-81a1500b7012
Then I looked at what happened in the south of Ukraine in the opening days. They made a half-hearted effort to take Mykolaiv. It wasn’t just that, they went further north and briefly captured Voznesensk. The goal being to find a crossing of the Bug. And a crossing of the Bug would be needed to push further west to Odessa. In none of the actions in the south did they have enough troops to defeat an actual resistance.
What the above meant to me is that they were trying to flood the zone. They had troops in the capital, Kyiv. They were trying have it look like there were Russian troops everywhere already, so Ukraine wouldn’t fight. But since Ukraine did fight, Russia didn’t have enough troops in most places.
Anyway, that’s the way I look at it.

Posted by: Ed4 | Aug 6 2023 23:54 utc | 151

Woah!
Zelensky has just held the equivalent to the Göbbels infamous Sportpalach, Totalen Krieg speech. He called Ukrainians to “total mobilization”.
https://t.me/CyberspecNews/38130

Posted by: unimperator | Aug 6 2023 23:57 utc | 152

Posted by: Sam | Aug 6 2023 23:26 utc | 146
—————————————————-
Sam, you are just full of ideas, but little understanding, for example you say you said in 2007 that: “Russia must target (rather than should) the nuclear missiles with multiple war heads against all the cities, towns and big villages( including military installations) of England because this cold war -like the one before- is being started by England for the benefit of English race only-.it is race war between the English parasite race versus the rest of the world-the sooner the rest of the world realizes that better it is for the world.: ”
You also claim that you said in 2008 that: “I had given this warning way back in 2008. It was not so difficult to predict but Putin and his anglophile cabinet ignored the obvious red flags…and that Putin [was] useless.”
Sam, do you really think that Russia was in a position to “take out the nuclear missiles with multiple war heads” in 2007 and 2008? If so, you are a fool.
In 2008 Russia had a skirmish with Georgia over South Ossetia. Russia came out on top, but only by the skin of their teeth. Russia realized that they were (at that time) no match for an Eastern State like Georgia or Ukraine trained by the US/NATO. They have been preparing for war with NATO ever since. But you wanted Russia at that time to start a war with all of NATO and the US by attacking their nuclear bases and systems.
Are fucking crazy, or what?

Posted by: Ed | Aug 7 2023 0:00 utc | 153

Posted by: team10tim | Aug 6 2023 23:30 utc | 149
If Biden ordered a strike on Russia without Russia having just done something significantly bad it would be an illegal order and the military is unlikely to obey it.
There are a lot of checks and balances in place if Russia has not just launched a strike on the US.
You might read the book “Raven Rock” by Garrett M. Graff to see what some of the protocols are. And how much money the US has spend since Jimmy Carter was president to be able to keep command and control functioning for a few hours if the Soviet Union / Russia had launched all out nuclear attack out of the blue.

Posted by: Ed4 | Aug 7 2023 0:01 utc | 154

Talking about Totalen Krieg, they ain’t kiddin’.

The Ukrainian National Guard in Kherson received an order to set up roadblocks, deliver all males caught to the SBU and kill anyone who tries to resist
Looking good
For those who are lacking in text interpretation skills, allow me to digest everything for you:
The document is addressed to the commanding officers of the 16th Separate Battalion of the National Guard of Ukraine (Unit A3056), deployed in the city of Kherson.
It starts by describing the issue that this order intends to address, which is the increased incidence of desertion amongst military ranks and evasion from mobilisation in the Ukrainian controlled part of Kherson.
It then proceeds to list a number of orders:
1 – set up roadblocks in multiple key areas and inspect everyone trying to leave
2 – Detain all males trying to leave and send them to the SBU
3 – organise firing points at these roadblocks
4 – commanders need to make it clear to their subordinates that weapons should be used against anyone who resists being stopped at the roadblocks
5 – report about the readiness to execute the plan by the 31st of July
6 – the execution of the orders is entrusted to the commanding officers in the battalion
I hope this helps.
Attached is a copy of a more accurate translation provided in the comments by a member of the xenophobic hate group NAFO, along with the original document
“>https://twitter.com/narrative_hole/status/1687503541726846985

Posted by: unimperator | Aug 7 2023 0:05 utc | 155

Posted by: John Marks | Aug 6 2023 23:19 utc | 138
@ shadowbanned, §117:
For once, I agree with you. “The Ukraine” is indeed a total invention: of the victorious Prussians and Austrians at the Treaty of Brest-Litovsk, 1917.
================================================
Then later again Lenin, then…. so it has never been a ‘real country.’ However, it kept getting created as one. So there is something there, not a normal country, but an idea, a dream, a secret agenda, something.
Because if there weren’t that something, it wouldn’t exist.
What is that something? That is the question.

Posted by: Scorpion | Aug 7 2023 0:11 utc | 156

It is instructive to go back and revisit what Simplicicus was writing back in December. Many appear to have forgotten. But I haven’t.
Posted by: shаdοwbanned | Aug 6 2023 20:11 utc | 105

Unless they are talking about some other site venue, Simplicius did not start posting on Substack until Feb this year. And so the “point” of the “memory” escapes me.

Posted by: Lavrov’s Dog | Aug 7 2023 0:20 utc | 157

What the above meant to me is that they were trying to flood the zone. They had troops in the capital, Kyiv. They were trying have it look like there were Russian troops everywhere already, so Ukraine wouldn’t fight. But since Ukraine did fight, Russia didn’t have enough troops in most places.
Anyway, that’s the way I look at it.
Posted by: Ed4 | Aug 6 2023 23:54 utc | 152
————————————————–
I understand why you would see it that way, which was also the Western MSM position at the time as well. And I agree that Russia did not go in with enough forces, and I said that in my reply @104. But if the Ukraine Military were such bad asses, why was Zelensky ready to negotiate in Istanbul?
So, I will reiterate that for the faint to be successful, it must look real; troops in the city and blocking roads is part of that. Also, while I could be wrong, I will take the Russian MOD’s word over a western propaganda narrative any day of the week.
Good to you Ed4.

Posted by: Ed | Aug 7 2023 0:20 utc | 158

Dima suggests the reason Ukraine doesn’t seem to run out of planes is that they are flying planes out of Poland. He thinks the Russians know this and just have to suck it up to avoid war with NATO:
Ukrainians Use SU-24 From NATO Territory
Until Russia is done sucking it up. It would explain much and might just explain the RF threat/escalation in Belarus. Unless the AFU collapses this war is far from over.

Posted by: LightYearsFromHome | Aug 7 2023 0:23 utc | 159

One can safely assume that Ukranazistan has lost to date half a million killed or too badly injured to fight. Meaning, with Ukranazistan’s tendency to throw even retirees and half blind people into combat, that these wounded people won’t be able to work at anything else either.
Assuming a remaining Ukrainian population of 20 million (as speculated here https://www.voiceofeurope.com/the-ukrainian-army-is-breaking-michael-vlahos-compact-mag/ which I find persuasive and which is my own independently arrived at figure) this represents an amazing 2.5% of the population irretrievably lost to the future in just 17 months. More will be lost for these reasons:
1. More deaths as the nazi regime grows increasingly desperate and begins mobilising anyone who can physically hold a gun.
2. More frantic emigration, by whatever means, out of the country to escape conscription and, as the regime begins to implode, to escape Russian vengeance (even if imaginary Russian vengeance).
3. Civilian deaths from neglect of their needs while the nazi regime concentrates on looting all it can and prolonging the war as much as it can.
Which means what remains of Ukranazistan will become a depopulated society which, with its already catastrophic birth rate, will likely drive the country to extinction anyway.
They have Elensky, Boorish Johnson, and Nuland to thank for that.
Hopefully they will.

Posted by: Biswapriya Purkayast | Aug 7 2023 0:23 utc | 160

Ed4 @ 155

If Biden ordered a strike on Russia without Russia having just done something significantly bad it would be an illegal order and the military is unlikely to obey it.

Back in ’62 it was LeMay and the Pentagon that wanted to go all out with a first strike and the Executive (civilian side) stopped it. Maybe this time it’s the Biden neocon cabal that wants to go all out and the Pentagon will nix it.
What happens if the Pentagon and the Executive want to go all out?

Posted by: LightYearsFromHome | Aug 7 2023 0:33 utc | 161

Posted by: shаdοwbanned | Aug 6 2023 20:27 utc | 111
Yup, and they linked up pretty quickly too. BUt it was too late as Ukraine decided to fight unlike Hungary, Czechoslovakia and eventually Afghanistan.
Posted by: Ed4 | Aug 6 2023 23:26 utc | 145

Still wasn’t too late.
Let’s go back to the period April-June 2022. Things did stall and the rapid advances of the first few days were a distant memory, but RU was advancing nevertheless. The LPR was fully liberated in that period, and in that time RU took Izyum, Liman, Kremennaya, Rubezhne, eventually culminating with Severodonetsk and Lisichansk at the very end of June 2022. Some advances were also made in the DNR southeast of Bakhmut, e.g. Svetlodarsk.
But now it is a complete stalemate aside from Soledar-Bakhmut (and we know how hard that was).
Compared to real sizable gains, and quite fast too, as late as early July 2022. The whole Severodonetsk-Lisichansk operation took mere weeks, a lot less than expected, and the cities weren’t fully destroyed either.
What changed?
NATO weapons flooded in. That is what changed.
Had that not been allowed, the AFU would have long collapsed.
Which once again brings us to the question why NATO weapons were allowed to flood in…

Posted by: shаdοwbanned | Aug 7 2023 0:44 utc | 162

Ukraine has a few Soviet era SU-24 planes that it uses to launch British and French long range missiles to Russia. Though the known airports from where they operate have been targeted, US built fortified hangers have protected Ukie planes. Russia can use cluster munitions on and around these hangers to make them unusable for a while. Then use high altitude long endurance drones to observe any plane movement and dive on them.
In the long run, Russia needs long range air to air missiles to take down any plane that takes off from Ukraine.

Posted by: Jason | Aug 7 2023 0:45 utc | 163

Dima suggests the reason Ukraine doesn’t seem to run out of planes is that they are flying planes out of Poland. He thinks the Russians know this and just have to suck it up to avoid war with NATO:
Ukrainians Use SU-24 From NATO Territory
Until Russia is done sucking it up. It would explain much and might just explain the RF threat/escalation in Belarus. Unless the AFU collapses this war is far from over.
Posted by: LightYearsFromHome | Aug 7 2023 0:23 utc | 160

Unless they hug the Romanian border (which they can’t do if they are flying from Poland and landing quickly to refuel inside UA, because the airfields are not on the Romanian border), an S-400 or MiG-31s with R-37Ms in the southwestern corner of Belarus should be able to take care of the problem. So why is that not being done?

Posted by: shаdοwbanned | Aug 7 2023 0:50 utc | 164

Dima suggests the reason Ukraine doesn’t seem to run out of planes is that they are flying planes out of Poland. He thinks the Russians know this and just have to suck it up to avoid war with NATO:
Ukrainians Use SU-24 From NATO Territory
Until Russia is done sucking it up. It would explain much and might just explain the RF threat/escalation in Belarus. Unless the AFU collapses this war is far from over.
Posted by: LightYearsFromHome | Aug 7 2023 0:23 utc | 160

Unless they hug the Romanian border (which they can’t do if they are flying from Poland and landing quickly to refuel inside UA, because the airfields are not on the Romanian border), an S-400 or MiG-31s with R-37Ms in the southwestern corner of Belarus should be able to take care of the problem. So why is that not being done?

Posted by: shаdοwbanned | Aug 7 2023 0:50 utc | 165

Russia should continue neutralizing Danube ports until all have been rendered useless.
Despite false Ukie claims, Russia never mined the Black Sea. It must be done now before the next Ukie attack the coming Friday. End of the grain deal means no requirement for non military vessels to be in the Black Sea. Mines can easily neutralize Ukie IED drones packed with TNT.
Russia along with Iran must develop the next generation seamines which will be very useful for self defence. Just like the Black Sea, the Gulf of Finland will be flooded with NATO pieces very soon as Finland and Sweden joined NATO. This will inhibit Russian ship movement. The ability to mine both seas is crucial to tame NATO.

Posted by: Jason | Aug 7 2023 0:55 utc | 166

@ Jmaas, §132:
“Yes, the whole point of the exercise now is to make sure we, the taxpayers, are the bag-holders.”
Posted by: John Marks | Aug 6 2023 23:30 utc | 148
You already are the bag holders of US treasuries as the private sector and households hold the treasuries. The US treasuries are a household and business ASSET.
They are in our pensions and our saving portfolios to help offset risk against stocks. Rather than hold $’s we prefer to hold US treasuries as they provide interest to us. A $ with a term and a coupon attached.
So think it through logically.
Where do WE get the $’s from that WE then swap for a US treasury ? Mars, Venus , Pluto ?
NO! Read a $ before you swap it for a bond. It is written in very simple English on both sides of the note where you got it from. The US government gave YOU the $ that you are about to swap for a US government bond.
It is nothing more than an ASSET swap. The FED will do this
Reserve account held at the FED ———–> to a treasury account held at the FED.
That ASSET swap is what “idiots” call government borrowing framed in a way by the war mongering propagandists to make you think the government is a like a household. They have to borrow to ” find the money ”
It’s not even a funding operation. I’ll explain why below.
The government SPENDS first and nearly ALWAYS in its entire history runs deficits. Puts more $’s into the US economy than it takes out of the economy via taxes.
Why ? Why does it do this ?
To meet YOUR savings desires. To meet businesses savings desires and to meet foreigners savings desires. To allow EVERBODY to save in $’s.
Who Then if they want to go to a bank and sit down with a financial advisor and ask how can I earn more interest than just have these $’s. Or how can I build a savings portfolio and balance my risk. How can I earn a pension.
Swap the $’s for bonds.
The Government spending came first the bond sales came second.
The government spending came first the collection of taxes came second.
The government gives YOU the $’s to be able to do both.
Japan and China sell Americans stuff they get $’s.any excess $’s they can’t use or exchange they swap for US treasuries.
Government borrowing (when they swap a reserve balance for a bond) is a reserve DRAIN that allows the FED to hit its overnight interest rate.
When the government buys bonds ( swaps a bond for a reserve balance) that is a reserve ADD that allows the FED to hit its overnight interest rate.
At the end of each day after millions of transactions between banks and thousands of loans between banks. Some banks are short of reserves and some banks have way too many reserves. These have to balance to zero.
So the banks short of reserves and the banks that have too many reserves deal with each other to try and balance it out. If they can’t the FED will step in and either do a reserve ADD or a reserve DRAIN and either buy bonds or sell bonds to the banks. So it can buy its overnight interest rate target.
It’s called the overnight interbank market.
https://www.investopedia.com/terms/i/interbankmarket.asp
Why do currency-issuing governments issue debt? – Part 1
https://billmitchell.org/blog/?p=45106
Why do currency-issuing governments issue debt? – Part 2
https://billmitchell.org/blog/?p=45108
Fully Sovereign currency issuing governments DON’T need borrowers. They don’t need to attract anything. They ISSUE the fucking currency.
a) If they want to they simply supply the funds to the primary dealers if they want to.
b) Unless you have been living in a cave and missed the very simple fact they can simply buy their own bonds if they want to – like they did during the pandemic and Japan has been doing for at least 10 years.
c) Or simply run an intra day overdraft using the ways and means account if it wants to.
Zero trading in 10-year Japanese government bonds signals Bank of Japan supremacy ↓
https://billmitchell.org/blog/?p=50605
YES – you read that right ZERO trading in 10 year Japanese bonds. Zip, Nada, nulpwa, Zero.
Oh no , nobody wants to borrow Japanese bonds what On earth are Japan going to do. Oh no, because I’m stupid enough to have fallen for the Japanese government is like a household myth and Japan have to borrow to find Yen myth. Oh no, Japan will be bankrupt myth.
How many times guys, how many times do we have to go over this ?
If you want to slash the national debt can we start with your pensions and,savings portfolios first please and leave mine alone.
Or simply stop ISSUING US treasuries ( debt ). When the government can just move blips from one pocket to the other and simply buy the bonds themselves. Then there was simply no need to ISSUE them in the first place. Apart from giving welfare payments to the top end of town.
There’s no passing of debt to your children and grandchildren you are passing your ASSETS – the US treasuries you have saved all your life to your children and grandchildren when you die.

Posted by: Echo Chamber | Aug 7 2023 1:00 utc | 167

@ shadowbanned, §117:
For once, I agree with you. “The Ukraine” is indeed a total invention: of the victorious Prussians and Austrians at the Treaty of Brest-Litovsk, 1917.
So in 1941, another fellow thought it was his “Lebensraum”
Posted by: John Marks | Aug 6 2023 23:19 utc | 138

Well, I will now have to disagree a bit. It started in the mid-19th century, not in 1917.

Then later again Lenin, then…. so it has never been a ‘real country.’ However, it kept getting created as one. So there is something there, not a normal country, but an idea, a dream, a secret agenda, something.
Because if there weren’t that something, it wouldn’t exist.
What is that something? That is the question.
Posted by: Scorpion | Aug 7 2023 0:11 utc | 157

It’s long and complicated. In the 19th century the Tsars actually conducted much more serious policy with respect to the ethnic question than anything the neoliberal traitors in charge have done in the last 35. But in Galicia a huge mistake was made. Much more effort was spent on forced Russification of Poland than on making sure Galicia, which was originally leaning pro-Russian in the early 19th century, was secured as a pro-Russian territory. It was neglected though, and Ukrainian nationalism was born largely unopposed. Assisted actively by Austria though. Also, around that time Russia lost the Crimean war, so, while it had been cool to be associated with Russia after the defeat of Napoleon and the other successes of the following decades, in the 1860s and 1870s that was no longer the case.
Still, it was a marginal movement overall, and it wasn’t even the case that distance from Russia alone determined the loyalties of people. For example, in the chaos post-WWI there was a Lemko republic in what is now southern Poland, not even within Ukraine, that wanted to join Russia, and as 2014 Rusyns in Transcarpathia were publicly begging Putin to save them from the Galician Nazis, this after their movement for autonomy in the 1990s had been suppressed (there was a vote on that in the early 90s and it passed by a similar margin to that in Crimea, but was similarly ignored), and after they begged Stalin after 1945 to include them in the RSFSR, not the Ukrainian SSR (big mistake not to listen to them in retrospect).
The Rusyns are further west than Galicians, and yet Galicians developed this pathological hatred of Russia. It may have something to do with the fact that the much of the Rusyn population was never part of the Polish-Lithuanian Commonwealth — e.g. Mukachevo was controlled for a long time by Hungarians, then passed to Austria-Hungary.
Still, as I said, there was a strong pro-Russian movement in Galicia, but then Taras Shevchenko became cool. But this was Galicia under Austrian rule. In Kharkov, Odessa, Kiev and everywhere in between people were speaking Russian and Ukrainian nationalism was a totally marginal movement.

Posted by: shаdοwbanned | Aug 7 2023 1:08 utc | 168

In the long run, Russia needs long range air to air missiles to take down any plane that takes off from Ukraine.
Posted by: Jason | Aug 7 2023 0:45 utc | 164

Russia has the most powerful such missiles in existence — R-37M. Mach 6 hypersonic, 400 km range. Outranges by a factor of 2x anything NATO has. It has been used widely during the war, but this is the VKS so opsec is top priority and you barely ever hear anything about those operations.
But these are still not unlimited capabilities — Ukraine is huge and it is more than 400 km wide even in the western portion, plus that 400 km range is the absolute limit and it assumes the enemy does not use any evasive tactics. Which they do.

Posted by: shаdοwbanned | Aug 7 2023 1:14 utc | 169

Euro using countries on the other hand oooofffttt..
That’s a whole different ball game. Who Where silly enough to give ALL of their sovereignty away and gave full control of monetary policy to a bunch of gangsters in Brussels.
Who now threaten these countries with that power that Euro countries used to have when they were sovereign and used their own currencies.
Do as WE say or the ECB won’t buy your bonds.

Posted by: Echo Chamber | Aug 7 2023 1:21 utc | 170

Re:
” ” ”
Sleboda reckons that remnant Ukraine will remain “”a zone of destabilisation and insecurity to the rest of our lives.” That’s what NATO was aiming for with the talk of a DMZ, and a remnant Ukraine beyond that NATO could continue to supply with arms and long range weapons. That’s really what “as long as it takes” means.
I don’t believe the Russians will fall for that. Not now they’ve come this far. They’d end up with much the same problem on their border as they had before 2022. I don’t think they’ll put up with a “zone of destabilisation and insecurity” that close. And most of the real hard line ultra-nationalists will be dead or living elsewhere in any case.
So it’s likely the Russians will set up some arrangement that allows them to check there are no arms coming in and that allows them to ensure there’s no more mayhem – because there are more minorities than the Russian, very many more, and the Russians won’t want to see sectarian or inter-ethnic violence get out of hand.
You see suggestions that the Russians should let the Poles have remnant Ukraine, or let the remnant be given to the various countries on the borders who have a claim on this or that bit of territory. It’s be a solution of sorts but ” ” ”
Posted by: English Outsider | Aug 6 2023 22:41 utc | 134
= = =
Russia may allow Poland, and this way create a political time-bomb. When the dust settles, Germany politely, and in garden-like style, will ask for their lands given by Stalin to Poland. W.Putin did not clearly mentioned this lately, and even the “gift” phrase caused apoplexy. Attention in the future will be shifted to Stettin, Danzig und Breslau.

Posted by: LogosApplied | Aug 7 2023 1:23 utc | 171

Posted by: English Outsider | Aug 6 2023 15:13 utc | 14
Bloody brilliant interpretation, Outsider. The Russians didn’t fall for the bait. Never thought of it in those terms.

Posted by: Madmarc | Aug 7 2023 1:25 utc | 172

@shadowbanned 163
The other thing that happened was that Putin had very obviously not planned for a war lasting longer than 6 months, and in typical Russian fashion had put off ordering a mobilisation until the front collapsed (which the coper brigade still try to pretend was 17D chess). The situation would have been much much worse but for the heroic 3 week defence of Krasni Liman by a couple of thousand LNR soldiers and volunteers against 8000 nazis which allowed the Russian regular troops desperately rushed from Moscow in the middle of the night* to dig in at Kremennaya.
*the same troops the ridiculous self promoting gasbag Martyanov claimed were being sent to conduct a brilliant pincer counterattack on the advancing nazis. 11 months later that counterattack is still nowhere to be seen.

Posted by: Biswapriya Purkayast | Aug 7 2023 1:33 utc | 173

Posted by: English Outsider | Aug 6 2023 22:41 utc | 134
We have seen in the past examples of a rabid national minority, coupled with a patriotic national majority, waging total war. This led to total defeat and unconditional surrender. I am thinking here of Japan and Germany in World War 2.
The consequence of total national exhaustion and defeat, in both cases, was acceptance of that defeat and aversion to military adventures. There was also a broadranging revulsion against the jingoistic national elements which had led to such disaster.
Given the ongoing destruction of Ukraine’s military, economy, society and population I think that it is highly likely that the same acceptance of the consequences of defeat will be seen in western Ukraine.
I think that Japan and Germany are more instructive parallels rather than Northern Ireland.
However, it would be a mistake to just look at Ukraine, without considering the wider context. It is always tempting to just look at the arena where kinetic warfare is being waged, but this is just one arena in a wide-ranging societal and economic conflict.
When Ukraine surrenders, or falls apart, what comes next? Continued kinetic war against specific NATO members (Poland, Romania)? A Cold War type “wall” between east and west (to the west of which the western European countries can fall apart in their own ways and to their own time)? Or negotiated frameworks for security and economic co-operation (my preference – but by far the least likely)?

Posted by: Marduk | Aug 7 2023 2:30 utc | 174

A catalogue of lies we’ve been told my the western MSM since February 2022 about Russia in general and the SMO in particular (not exhaustive):
1. The Russian MIC cannot manufacture semiconductors
2. Putin is a Dictator
3. Putin is Russia and “Russia is Putin”
4. Russia / Putin is Isolated from the global community
5. The Russian economy is insignificant and smaller than Italy/Texas/France/etc …
6. The Soviet Union was an Empire and Russia is seeking to restore it’s imperialism
7. Putin is a “Thug” and a “Murderer”
8. Russia is starving the world by withdrawing from the grain deal
9. Russia is running out of artillery/drones/tanks/men
10. Russia is salvaging microchips from dishwashers
11. Putin is dying from Alzheimers/Parkinsons/Cancer
12. Putin eats brains cooked by Prigozine
13. Prigozine was Putin’s Chef (literally)
14. Russian army is demoralised and bordering on mutiny
15. Putin’s inner circle is plotting a coup against him
16. Russian army is incompetent and poorly trained
17. Russian satellite coverage of the battlespace is poor
18. Russian army has poor targeting precision
19. Russia is deliberately targeting civilians
20. Russia has been making extensive use of cluster munitions since the start of the SMO
21. Ukraine has an artillery advantage over Russia (July/June 2023)
22. NATO tactics are superior to Russian battlefield tactics
23. Putin has a poor grasp of strategy
24. The Sanctions Are Working
25. The HIMARS Missile system will be a “game changer”
26. American drones will be a “game changer”
27. Byraktar will be a game-changer
28. F16s will turn the tide of the battle in Ukraines favour
29. X wonder weapon will “turn the tide against Russia” (I thought the tide was already in Ukraine’s favour from the start?)
30. X general/commander has been fired/sacked/discipled
31. X and Y generals have a personal rivalry that is affecting Russian battlefield performance
32. The Russian army is dependent on decrepit Soviet-era equipment
33. Drones will turn the tide in ukraine’s favour
34. There’s nothing special about Ukraine’s neo-nazi problem since neo-nazism is a worldwide problem.
35. There are no weapons bio-labs in Ukraine operated by the pentagon
36. The weapons labs operated in Ukraine by the pentagon are not a threat to Russia
37. Russia Attacked Ukraine Unprovoked
38. NATO made no commitment (written or otherwise) to not advance on Russia’s borders
39. The SMO has nothing to do with the NATO advancement in Eastern Europe
40. The SMO has nothing to do with the 8-year killings of ethnic russians in donbas
41. Cluster munitions are acceptable in Ukraine’s case since they’re in dire straits
42. Russian tanks are inferior to American tanks
43. Russian tanks are inferior to German tanks
44. Russian tanks are inferior to French tanks
45. The Russian army is the second most powerful one in the world
46. Putin is a Crypto-Jew
47. Ukraine cannot be a NAZI state because it’s president is Jewish
48. [Counter-Narrative Character Assassination] Alexander Mercouris is a convicted criminal
49. [Counter-Narrative Character Assassination] Scott Ritter is a paedophile
50. “X” pro-russian commentator has never been right (non of his predictions has come true)
51. “Y” pro-Russian commentateur is a convicted x,y,z (character assassinations)
52. The sanctions are working!
53. The Russian economy is in tatters!
54. Putin is losing support
55. The Ukrainian Counteroffensive (June/July/August 2023) is successful
56. Russia is firing S300 missiles into Poland (over Ukrainian airspace)
57. The Russo Ukraine war started in 2022
58. The Russian Army is using Human Wave attacks
59. The Russian Army is indiscriminately targeting civilians
60. The Russian army is using cluster munitions since the start of the war
61. Putin wants to expand the Russian empire into Europe (and beyond?)
62. Ukrainian Grain is key to solving world hunger
63. ‘International Law’ says x , y , z about the SMO
64. NATO is a defensive organisation
65. NATO has greater military power than Russia
66. Putin is in league with the Russian Oligarchs and therefore targeting the Oligarchs harms Putin

Posted by: Arch Bungle | Aug 7 2023 2:30 utc | 175

In the long run, Russia needs long range air to air missiles to take down any plane that takes off from Ukraine.
Posted by: Jason | Aug 7 2023 0:45 utc | 164
——————————————————–
What Russia needs to do take down any large drone or fighter jet that enters Ukraine from the direction of Poland, or any Baltic Nato state. I do not think that this will lead to WW3 as long as it is over Ukraine, Russia, or Belarus. Poland will jump up and down, but most the NATO countries will not be willing to go to war for Poland. Of course, that is just my opinion.
Right now, I think that NATO is prodding to see how far they can go without getting slapped by Russia. Russia also needs to take control of the Black Sea, set a temporary 200-mile no fly and no watercraft limit for all vessels and aircraft (including spy drones). This is not unheard-of during war time.

Posted by: Ed | Aug 7 2023 2:31 utc | 176

There are a lot of Ukraine trolls that will be looking for new jobs soon. Maybe Z boy will let you trolls crash at his new $60 Million dollar mansion he bought this month in Colorado.
People are waking up to the ungrateful constantly begging Ukrainians. Time to cut them off and send all of their worthless racist criminal assess back to Ukraine.
The war is almost over, maybe another 100k dead Ukrainian fodder first. Maybe another Billion for Z before he bails out.

Posted by: Peace | Aug 7 2023 2:34 utc | 177

Post 14 by English Outsider
‘And if that’s really what it’s all about then let the blood flow as it must, because it always does flow in Europe when there’s land grabbing going on.’
——-
This is not a ‘land grab’ by Russia. They are taking back what is legitimately Russian land, and doing what is vital to insure their survival as a country and a people.

Posted by: Áobh O’Sheachnasaigh | Aug 7 2023 2:52 utc | 178

At some point there will be a general realization that insurgency tactics arent going to either win the war or undermine the Russian state in any meaningful way. That the only outsized impact they are having is hardening the hearts of Russians and providing a vain hope to those assigned to die for the meaningless greed of others far away. Brainwashed children marching into minefields for some faceless suit who cares nothing for them. Grist for the mill.
Then, belatedly and shamefaced, once all their schemes have failed and thousands and thousands of other people’s children have died and all their artifice and lies have COME TO FUCKING NAUGHT, like the lickspittles they are, the Maerican would be emperors will come to the high table. Perhaps they will learn a smidgen of humility, as would behoove them. I jest of course. Ghouls are not human.

Posted by: Doctor Eleven | Aug 7 2023 3:01 utc | 179

thanks, toby @63
NATO Enlargement and Russian Resistance
Jeffrey Sachs Interview
https://youtu.be/2sVKXlNc1O8
~(45 mins)
Premiered Aug 5, 2023

Posted by: polarbear4 | Aug 7 2023 3:19 utc | 180

Posted by: Áobh O’Sheachnasaigh | Aug 7 2023 2:52 utc | 179
Post 14 by English Outsider

This is not a ‘land grab’ by Russia.

True.

They are taking back what is legitimately Russian land

False.

, and doing what is vital to insure their survival as a country and a people.

True.

Posted by: Arch Bungle | Aug 7 2023 3:29 utc | 181

Posted by: Jason | Aug 7 2023 0:45 utc | 164 ” US built fortified hangers have protected Ukie planes.”
This is unlikely. Ukraine can’t build their own fortified hangers? The US has to do it? Where are these hangers? Have you seen them on any satellite photos? Fortified hangers can be destroyed. Why hasn’t Russia done that?
In my opinion it is unlikely Ukraine is storing these aircraft in ‘fortified’ hangers. More likely they are just widely dispersed off roads somewhere. A truck brings fuel and weapons to these widely dispersed locations.
This a good idea but how long would a high altitude long endurance drone survive inside Ukraine’s air defenses?
“In the long run, Russia needs long range air to air missiles to take down any plane that takes off from Ukraine.”
Ukraine is a a very big place. They missiles would have to be very, very long ranged.
And as they say, you fight the war you are in, with the weapons you have, not the ones you wish you had.

Posted by: Ed4 | Aug 7 2023 3:31 utc | 182

Re: Posted by: Ghost of Zanon | Aug 6 2023 21:33 utc | 122
There is an easy way for Russia to destroy the Western narratives on the conflict – and that is for Russia to go on the offensive and take Donetsk, Kherson, Nikolaev, Odessa, Sumy etc.
The fact that after 18 months they haven’t done this suggests they’re either not capable of doing so or not interested in doing so.
I still don’t know which of those it is.

Posted by: Julian | Aug 7 2023 3:31 utc | 183

dr. george w. oprisko @88
A formal treaty committing the US to withdraw all its forces from Europe, or at least to NATO’s pre-1997 borders, would no doubt be a political prize worth having, but probably not at the expense of any significant concessions from the Russian side.
don’t know. if it was signed in blood, by countries from the east, west and south, with security guarantees from china and iran maybe. i hadn’t read aurelius thanks.

Posted by: polarbear4 | Aug 7 2023 3:34 utc | 184

You all need to do the math on this, Russia has grabbed Crimea a large portion of Syria and gained heavy influence in how many African nations?
It isn’t about Russian speaking people or Nato expansion, the Russians are expanding world wide at the expense of the west.
Keep an eye on Africa, Putin said they have plenty more African proposals to consider. I don’t think he would announce that to the west without a few moves to make.

Posted by: OohCanada | Aug 7 2023 3:45 utc | 185

@b
Most of us agree that Ukraine as a nation pre-Feb 2022 is finished.
I wonder if a “War against Russia” thread would be more appropriate?
Since this is an existential threat waged by the US led “axis of evil’ bloc. A lot of the action taking place are outside the boundaries of that former nation and impacts the SMO in one way or other.
Still, you’re the Bar Keep and I’ll have another round.
Cheers!

Posted by: Suresh | Aug 7 2023 3:55 utc | 186

There is an easy way for Russia to destroy the Western narratives on the conflict – and that is for Russia to go on the offensive and take Donetsk, Kherson, Nikolaev, Odessa, Sumy etc.
The fact that after 18 months they haven’t done this suggests they’re either not capable of doing so or not interested in doing so.
I still don’t know which of those it is.
Posted by: Julian | Aug 7 2023 3:31 utc | 184

This war is showing that it is hard to go on the offensive across farmland in modern times. Drones and satellites see vehicles and troop formations and then GPS guided bombs or GPS directed artillery guns can destroy them.

Posted by: Simon | Aug 7 2023 3:56 utc | 187

lamestream media on my microsoft browser news still runs articles that HIMARS are destroying Rf lines and Ukies have breached the first line of defence and are winning. Seems the saner articles of politico etc are ignored as the information trickles down the iq fountain.

Posted by: hankster | Aug 7 2023 4:01 utc | 188

Posted by: Arch Bungle | Aug 7 2023 2:30 utc | 176
Good summary, thanks.

Posted by: Tom_Q_Collins | Aug 7 2023 4:05 utc | 189

Posted by: Suresh | Aug 7 2023 3:55 utc | 187

I wonder if a “War against Russia” thread would be more appropriate?

That would apparently reduce the objectivity of these forums, putting it clearly in the Russian camp instead of where it should be: The side of Truth.
Better to call the thread “The NATO – Russia War” for that is what it truly is.

Posted by: Arch Bungle | Aug 7 2023 4:16 utc | 190

Posted by: Arch Bungle | Aug 7 2023 4:16 utc | 191
maybe empire wars? i mean the US is the main instigator of these conflicts, and it is trying to preserve its empire.

Posted by: pretzelattack | Aug 7 2023 4:34 utc | 191

Posted by: Membrum Virile | Aug 6 2023 16:39 utc | 30
Propagandist who doesn’t know history. Over 50% of Ukrainian citizens voted for Yanukovych. Those people don’t want to have anything to do with the Bandera movement in power in Kiev. Even Poland doesn’t like Bandera. Comparing this war to Afghanistan is idiotic.

Posted by: RB | Aug 7 2023 4:42 utc | 192

Posted by: pretzelattack | Aug 7 2023 4:34 utc | 192

empire wars?

True, but then how would one distinguish any thread from the other … ?

Posted by: Arch Bungle | Aug 7 2023 5:01 utc | 193

This is unlikely. Ukraine can’t build their own fortified hangers? The US has to do it? Where are these hangers? Have you seen them on any satellite photos? Fortified hangers can be destroyed. Why hasn’t Russia done that?
Posted by: Ed4 | Aug 7 2023 3:31 utc | 183

It’s much worse than that.
In the 1960s it became clear that airfields are highly vulnerable and the USSR went on a massive building campaign to secure the smaller planes in concrete shelters. For strategic bombers this is way too expensive, plus it is not practical as they need to be ready to take off on a minutes notice, so you don’t want them to be in hangars or shelters. That is true for the other side too — in the US the B-2 are in special temperature controlled hangars, but that is because otherwise they would fall apart as they are so fragile; the B-1s and B-52 are also out in the open though. But for tactical aviation of smaller dimensions, having the shelters greatly helps.
The problem is that this was hugely expensive. Of course this was the USSR, a planned economy, so cost didn’t matter, and it was done. But it had a real impact — for several years civilian construction in the whole union was scaled down because so much concrete went to build these shelters.
So they had to optimize resource allocation. And the optimization was that they only did the outlying airfields. Which meant the ones in the GDR, Poland, Czechoslovakia, Hungary, the Baltics, etc. Starokonstantinov is sufficiently far west that it fall in that zone too. No need was seen to fortify the airfields in Ryazan, Kaluga, etc. — that was a couple thousand kilometers inland, i.e. out of range for conventional strikes, and if the airfields were nuked, the concrete shelters would not help anyway.
And then the USSR fell apart, and what happened? Most of the fortified airfields are suddenly in other countries, while the ones in Russia were not fortified. And they were now in range for conventional strikes too, if those countries got flipped. Which they promptly were…

Posted by: shаdοwbanned | Aug 7 2023 5:11 utc | 194

@English Outsider
Interesting parallel between N Ireland and Ukraine.
I note the ethnic Irish Catholic community is now the majority in the province.
It may be instructive to ask how the majority of the English population would wish their government to react, in the event of a hypothetical future government, of an all Ireland, ethnically cleansing the ethnic British Protestant population of the North. That is outlawing their language and culture, leading to warfare for non compliance.
Note I am neither forecasting nor approving of such an occurrence.
We already know how team USA would react in similar circumstances, given its threat to invade Mexico, in the aftermath of a terrorist massacre of its citizens.
Full disclosure – I’m an Irish citizen educated in the North as a teen back in the 60s.

Posted by: necromancer | Aug 7 2023 5:27 utc | 195

Re: Posted by: Biswapriya Purkayast | Aug 7 2023 1:33 utc | 174

*the same troops the ridiculous self promoting gasbag Martyanov claimed were being sent to conduct a brilliant pincer counterattack on the advancing nazis. 11 months later that counterattack is still nowhere to be seen.

Can you link to the video or blog post which discusses this phantom counter attack we are still waiting for a year later?

Posted by: Julian | Aug 7 2023 5:36 utc | 196

Posted by: RB | Aug 7 2023 4:42 utc | 193
“Over 50% of Ukrainian citizens voted for Yanukovych”
So?
They didn’t vote to be massacred and raped by russians. For sure they will be driving them out eventually.. Just a question of time. Maybe it takes a death or two in Kremlin, like in the eighties, but inevitable is inevitable.

Posted by: Membrum Virile | Aug 7 2023 5:41 utc | 197

Posted by: Membrum Virile | Aug 7 2023 5:41 utc | 198
They didn’t vote to be massacred and raped by russians.
Can you produce evidence of:
a) The rape you speak off.
b) The massacres you speak off.
Waiting …

Posted by: Arch Bungle | Aug 7 2023 5:46 utc | 198

Posted by: Arch Bungle | Aug 7 2023 5:46 utc | 199
Google Butcha.

Posted by: Membrum Virile | Aug 7 2023 5:59 utc | 199

Posted by: Echo Chamber | Aug 7 2023 1:00 utc | 168
Debt arises from a transaction. There is always a borrower and a lender because a transaction always requires two parties. For the lender the debt is an asset, and for the borrower the debt is a liability. Ergo: the borrower owes the lender.
The thing about modern money is that it is all a debt. The holder of the money is a lender, thus the money held is an asset for the holder, and the ultimate borrower is the government itself, although the flow the debt will go through to get to the government is complex.
>>NO! Read a $ before you swap it for a bond. It is written in very simple English on both sides of the note where you got it from. The US government gave YOU the $ that you are about to swap for a US government bond.
Because of the complexity of modern financial systems, it is difficult to track through the flow of money, but the certain thing is that the government didn’t give it away. The government sold it (or “swapped” it if you want to put it that way), for some good or service. The currency spent (or swapped) was a debt that the government owed the recipient of the money that will turn up as paper bills or a bookkeeping entry. And I was most certainly not given the money that I used to buy a government bond. I had to buy it by furnishing the holder of the money with some good or service. Other than the occasional gift, nobody anywhere is ever “given” money. And as all money is debt, it is ultimately all a loan from the holder of the money with the ultimate borrower, the government.
Money of one sort exchanged for money of another sort is always an asset swap. Thus of course buying a US treasury is an asset swap: always, always, always.
>>That ASSET swap is what “idiots” call government borrowing framed in a way by the war mongering propagandists to make you think the government is a like a household. They have to borrow to ” find the money”
Well I am one of your “idiots” as claimed here. But then you must be also because I agree with everything you assert here. (Hey, it is all debt)
>>The government SPENDS first and nearly ALWAYS in its entire history runs deficits. Puts more $’s into the US economy than it takes out of the economy via taxes.
Once again we agree. Our US government, in its entire history, was out of debt for two years.
>>To meet YOUR savings desires. To meet businesses savings desires and to meet foreigners savings desires. To allow EVERBODY to save in $’s.
The above comment is misleading because the amount of US Government debt vastly exceeds the amount needed to produce an adequate money supply. And what causes savings to be so commonly in dollars is that it is legal tender. The only kind of money that a counter party in a deal can be forced to take is dollars. They might take something else, but they can not be required to.
>>Why do currency-issuing governments issue debt? – Part 1
I don’t need to read the article because all money, currency or booking entry, is debt, so of course they issue debt. Although in our era it generally exceeds the need to create a money supply. The overshoot is spending money borrowed from the lender to the government. An asset for the holder of the money, a debt for the government.
>>Fully Sovereign currency issuing governments DON’T need borrowers. They don’t need to attract anything. They ISSUE the fucking currency.
It is common to say the government issues money. Common and misleading. They issue money to get something in exchange. Stated more commonly, they spend it for some good or service. You are confusing yourself with the word ISSUE. More properly they don’t issue it, they spend it. The agency that accepts the money when it is spent is the borrower. Thus: money borrowed equals money lent, even if the money is from nowhere because the recipient of the money is the lender.
>>a) If they want to they simply supply the funds to the primary dealers if they want to.
Kind of a strange comment. I can’t imagine what you are thinking of. I don’t know but I don’t think most primary dealers are publicly traded financial entities. And if they are not, most likely they don’t have to have audited financial statements that are publicly available. That makes it difficult to document how they come up with the money they use to purchase government debt. If they do have publicly available financial statements, one could look up the balance sheet and see where the money came from that the spent buying the government debt. As you are so fond of stating, it would be an asset swap. One sort of money sold to buy another sort of money. Not exactly “given.”
>>b) Unless you have been living in a cave and missed the very simple fact they can simply buy their own bonds if they want to – like they did during the pandemic and Japan has been doing for at least 10 years.
The only way a government can buy its own bonds is if it borrows money from some source other than its own bonds (a debt swap), or it runs a surplus and uses the surplus for debt reduction. Or another method would be to buy debt of some maturity. The funds to do it perhaps coming from selling debt with some other maturity. That is generally shaping the yield curve by, as you like to say, a debt swap. New debt for old or whatever.
>>Fully Sovereign currency issuing governments DON’T need borrowers. They don’t need to attract anything. They ISSUE the fucking currency.
They can but they don’t commonly because hyperinflation will follow. They avoid that by borrowing to lend.
In the case of issuing paper currency, I believe the financial trail starts at the Treasury. From there to the Fed. From there to a branch bank of the Fed. And from their to a private bank. And finally issued (purchased really) by some non bank entity. Tracing the flow of funds would not be trivial, but I assure you money is never “given” as in gift. It is always a purchase and sale, or a debt swap as it is all debt of one sort or another.
>>When the government can just move blips from one pocket to the other and simply buy the bonds themselves.
It is not at all clear to me what it is you are thinking about with this comment. I am going to guess that you are thinking of the Federal Reserve purchasing government issued debt. The Federal Reserve, like all banks, raises money by borrowing. Unless they have surplus funds, they are going to have to borrow the money. Thus the ultimate lender is the person or entity that loaned the Fed the money they needed to buy the government debt.
>>There’s no passing of debt to your children and grandchildren you are passing your ASSETS – the US treasuries you have saved all your life to your children and grandchildren when you die.
The US treasuries are an asset and if you pass them on to your kids you are passing on an asset. The common assertion that your children will have to pick up the cost of the US treasuries doesn’t hold for the holders of the treasuries, it holds to those who have to pay the taxes to cover the debt. That could include your kids, but they could cover the expense by selling the treasuries.

Posted by: Jmaas | Aug 7 2023 6:00 utc | 200