UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 | |
axinosp User ID: 60264032 Greece 07/15/2014 01:55 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 35053679 Romania 07/15/2014 01:55 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 marqs ‏@MarQs__ · 11 min.  Quoting: KneelB4Zod! 34 tanks and 34 SPAGs marched from #Luhansk to #Donetsk, eyewitness says, crews do not hide they are #Russian|s [link to www.kyivpost.com] … “I saw two columns of armor passing through my native Perevalsk. The asphalt road was destroyed. They all refuel at petrol stations, saying they are Russians. The armor with no identification marks penetrated Ukraine through the fields,” the eyewitness says. [link to zik.ua] |
Anonymous Coward User ID: 59249818 United States 07/15/2014 01:56 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 ... Quoting: Anonymous Coward 55004405 Anyone with mil. expertise here? I'm thinking maybe they are training ukie pilots on this old tech and later they'll supply them something new and that the difference in flying old/new isn't so big... Some rumours claim that Kievistas have 4 AH-64 Apache. But I strongly doubt they can learn them to fly Apache in this Bell. Fact is that US has no new choppers as far as I know. Apache is piece of old trash too and their project of new, stealth heli Comanche was cancelled because it was crap what fell down from the sky just by itself... When you write that the AH-64 is just a piece of old junk too, do you do any kind of research at all, or do you just guess and hope? That statement is so ridiculous that it is beyond a mistake, beyond misinformation-it is pure fiction, that statement is. Dude, it is almost 40 years old chopper. Of course you can modernized it with new technologies, advanced defenses but you can't change that first fly was in 1975. Yes, it is old junk by my opinion what can't concure newer MANPADs and AA systems. Be sure we are not talking about mujahids with some obsolete RPGs but about guys with much more advanced equipments... Dude, you're living in la-la land. The AH-64 is one of the world's most powerful, successful, combat proven, weapons platforms ever created. The claims you make about the AH-64 are not true, they are fiction. |
Babay User ID: 45463911 Ireland 07/15/2014 01:56 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 27797357 Poland 07/15/2014 01:58 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 The US dollar isn't going anywhere, anytime soon, period. You can't just 'drop' a global reserve currency, it has to be replaced with another currency. The daily global Forex market is 5.3 trillion USD, per day. 85% of that is US dollars. 68% of all the worlds nation's reserve currency is US dollars. As it stands right now, it is impossible for China to be a global reserve currency. The Yuan is a pegged currency, same with Ruble. The initial capitalization of the so-called brics bank will be 50 billion ...in US dollars...Is this thread interested in the truth? Right now, the economics and financials being thrown around on this thread, the vast majority anyway, is misinformation or ignorance. It is certainly not reality. Quoting: Anonymous Coward 59249818 What if I told you the multipolar world can exist without a single reserve currency? Regardless whether de iure or de facto. |
Anonymous Coward User ID: 60261390 Slovenia 07/15/2014 01:59 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 marqs ‏@MarQs__ · 11 min.  Quoting: KneelB4Zod! 34 tanks and 34 SPAGs marched from #Luhansk to #Donetsk, eyewitness says, crews do not hide they are #Russian|s [link to www.kyivpost.com] … “I saw two columns of armor passing through my native Perevalsk. The asphalt road was destroyed. They all refuel at petrol stations, saying they are Russians. The armor with no identification marks penetrated Ukraine through the fields,” the eyewitness says. [link to zik.ua] Thats invasion guerrilla style. They are swarming in from all directions, unofficially. |
Anonymous Coward User ID: 35053679 Romania 07/15/2014 02:00 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 Russia to introduce biometrics collection system for Schengen visas in 2015 [link to interfax.com] No doubt that Russia is fighting hard the NWO. |
Anonymous Coward User ID: 60264580 Hong Kong 07/15/2014 02:00 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 55004405 Luxembourg 07/15/2014 02:01 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 The US dollar isn't going anywhere, anytime soon, period. You can't just 'drop' a global reserve currency, it has to be replaced with another currency. The daily global Forex market is 5.3 trillion USD, per day. 85% of that is US dollars. 68% of all the worlds nation's reserve currency is US dollars. As it stands right now, it is impossible for China to be a global reserve currency. The Yuan is a pegged currency, same with Ruble. The initial capitalization of the so-called brics bank will be 50 billion ...in US dollars...Is this thread interested in the truth? Right now, the economics and financials being thrown around on this thread, the vast majority anyway, is misinformation or ignorance. It is certainly not reality. Quoting: Anonymous Coward 59249818 US assets are so leveraged that the slightest loss of value in the dollar could start a chain reaction |
Anonymous Coward User ID: 59249818 United States 07/15/2014 02:02 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 The US dollar isn't going anywhere, anytime soon, period. You can't just 'drop' a global reserve currency, it has to be replaced with another currency. The daily global Forex market is 5.3 trillion USD, per day. 85% of that is US dollars. 68% of all the worlds nation's reserve currency is US dollars. As it stands right now, it is impossible for China to be a global reserve currency. The Yuan is a pegged currency, same with Ruble. The initial capitalization of the so-called brics bank will be 50 billion ...in US dollars...Is this thread interested in the truth? Right now, the economics and financials being thrown around on this thread, the vast majority anyway, is misinformation or ignorance. It is certainly not reality. Quoting: Anonymous Coward 59249818 This latest picture post tells me that, in fact, you do not have the sufficient education to understand what I wrote. Everything I wrote can be fact-checked. A Macro Econ 101 class, FFS, teaches these simple principles. Had you any idea about monetary policy you would have engaged me in a discussion. You're spreading disinformation and it is harmful to a thread which seeks to promote discussion and endeavors to find the truth. Fact check anything I said. |
Falter User ID: 58276109 Sweden 07/15/2014 02:02 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 Rami ‏@RamiAlLolah 44 s Rumors in #Eilat; fighters from #Hamas are inside the city..!! #Israel #Gaza #Palestine #Egypt Wops, wrong thread. Last Edited by Falter on 07/15/2014 02:03 PM "When the rich wage war, it's the poor who die." -Jean Paul Sartre "In modern war... you will die like a dog for no good reason." -Ernest Hemingway "China is a sleeping giant, Let her sleep, for when she wakes, she will shake the world." -Napoleon Bonaparte "Streets of Leningrad taught me one thing - if fight is inevitable, throw the first punch." -Vladimir Putin World War 3 prediction: Summer 2020. |
Anonymous Coward User ID: 35053679 Romania 07/15/2014 02:04 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 The US dollar isn't going anywhere, anytime soon, period. You can't just 'drop' a global reserve currency, it has to be replaced with another currency. The daily global Forex market is 5.3 trillion USD, per day. 85% of that is US dollars. 68% of all the worlds nation's reserve currency is US dollars. As it stands right now, it is impossible for China to be a global reserve currency. The Yuan is a pegged currency, same with Ruble. The initial capitalization of the so-called brics bank will be 50 billion ...in US dollars...Is this thread interested in the truth? Right now, the economics and financials being thrown around on this thread, the vast majority anyway, is misinformation or ignorance. It is certainly not reality. Quoting: Anonymous Coward 59249818 You are right, the drop of the dollar is preached since more that 3 years ago and nothing happened and is not likely to happen. Ruble declines against dollar, gains against euro on Tuesday [link to interfax.com] |
Anonymous Coward User ID: 59249818 United States 07/15/2014 02:05 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 The US dollar isn't going anywhere, anytime soon, period. You can't just 'drop' a global reserve currency, it has to be replaced with another currency. The daily global Forex market is 5.3 trillion USD, per day. 85% of that is US dollars. 68% of all the worlds nation's reserve currency is US dollars. As it stands right now, it is impossible for China to be a global reserve currency. The Yuan is a pegged currency, same with Ruble. The initial capitalization of the so-called brics bank will be 50 billion ...in US dollars...Is this thread interested in the truth? Right now, the economics and financials being thrown around on this thread, the vast majority anyway, is misinformation or ignorance. It is certainly not reality. Quoting: Anonymous Coward 59249818 US assets are so leveraged that the slightest loss of value in the dollar could start a chain reaction One question, how is it possible the US has a deficit of 17 trillion, yet their currency has not collapsed? I ask b/c the answer, will in part, answer your question. |
Anonymous Coward User ID: 55493132 United States 07/15/2014 02:05 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 ConflictReporter ‏@MiddleEast_BRK · 1m #BREAKINGNEWS THE RUSSIAN ARMY OCCUPIES THE CENTER OF #DONETSK CITY TONIGHT. [link to www.youtube.com (secure)] … |
KneelB4Zod! User ID: 22992427 Czechia 07/15/2014 02:10 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 marqs ‏@MarQs__ 4 min. #Russia|n convoy made it's way to #Donetsk city [link to www.youtube.com (secure)] Last Edited by KneelB4Zod! on 07/15/2014 02:10 PM “You don’t fear death, you welcome it. Your punishment must be more severe.” - Bane "This is not a new world, it is simply an extension of what began in the old one. It has patterned itself after every dictator who has ever planted the ripping imprint of a boot on the pages of history since the beginning of time. It has refinements, technological advances, and a more sophisticated approach to the destruction of human freedom. But like every one of the super-states that preceded it, it has one iron rule: logic is an enemy and truth is a menace." - "The Obsolete Man" - The Twilight Zone, 1961 __________________________________________________________________________ "I assure you, ladies and gentlemen that, very soon history will show that we and our allies have fought a war on behalf of the whole world against terrorism supported by governments that will be held accountable by its own people..." Quoting Dostoyevsky: "Rest assured, hell is big enough for all. It doesn't deserve this fierce competition over who will be the worst." - Dr. Bashar Jaafari, UNSC session, 22nd of February, 2018 [link to youtu.be (secure)] __________________________________________________________________________ [link to www.godlikeproductions.com] |
Anonymous Coward User ID: 35053679 Romania 07/15/2014 02:10 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 The announcement by Ukraine’s general prosecutor’s office that it was collecting evidence of Russia’s role in the airstrike came a day after the government in Kiev said that Russia was responsible for the downing of a military transport plane in Luhansk. Anatoliy Matios, a deputy general prosecutor, said at a news conference in Kiev that the government intended to document Russia’s involvement in the bombing of the residential building in Snizhne. “It will be proven according to international standards that a neighboring state used military equipment and ammunition,” Mr. Matios said. “The place where the plane came down is known and it is far from the Russian border,” said Col. Gen. Yury Solovyov, the ex-commander of Russia’s Special Mission Command, responsible for air defenses, according to the Interfax news service. “Russia has no air defense systems with such a range along the border with Ukraine.” General Solovyov added: “If the Ukrainian claims had been true, the U.S. would have produced space-based information a long time ago indicating that a Russian air defense system shot down the AN-26. Like us, they see things in real time and notice what flies where and who launches what.” [link to www.nytimes.com] |
Anonymous Coward User ID: 27797357 Poland 07/15/2014 02:10 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 The US dollar isn't going anywhere, anytime soon, period. You can't just 'drop' a global reserve currency, it has to be replaced with another currency. The daily global Forex market is 5.3 trillion USD, per day. 85% of that is US dollars. 68% of all the worlds nation's reserve currency is US dollars. As it stands right now, it is impossible for China to be a global reserve currency. The Yuan is a pegged currency, same with Ruble. The initial capitalization of the so-called brics bank will be 50 billion ...in US dollars...Is this thread interested in the truth? Right now, the economics and financials being thrown around on this thread, the vast majority anyway, is misinformation or ignorance. It is certainly not reality. Quoting: Anonymous Coward 59249818 This latest picture post tells me that, in fact, you do not have the sufficient education to understand what I wrote. Everything I wrote can be fact-checked. A Macro Econ 101 class, FFS, teaches these simple principles. Had you any idea about monetary policy you would have engaged me in a discussion. You're spreading disinformation and it is harmful to a thread which seeks to promote discussion and endeavors to find the truth. Fact check anything I said. I happen to be an economist myself. Neither Russian, nor American. And can tell you: the world is able to live without USD hegemony. And it can be declared or happen on de facto basis. |
KneelB4Zod! User ID: 22992427 Czechia 07/15/2014 02:10 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 Babay ‏@Truth_Seeker_11 1 min. Reports that militia about to capture strategically important town of #Shchastye north of #Lugansk “You don’t fear death, you welcome it. Your punishment must be more severe.” - Bane "This is not a new world, it is simply an extension of what began in the old one. It has patterned itself after every dictator who has ever planted the ripping imprint of a boot on the pages of history since the beginning of time. It has refinements, technological advances, and a more sophisticated approach to the destruction of human freedom. But like every one of the super-states that preceded it, it has one iron rule: logic is an enemy and truth is a menace." - "The Obsolete Man" - The Twilight Zone, 1961 __________________________________________________________________________ "I assure you, ladies and gentlemen that, very soon history will show that we and our allies have fought a war on behalf of the whole world against terrorism supported by governments that will be held accountable by its own people..." Quoting Dostoyevsky: "Rest assured, hell is big enough for all. It doesn't deserve this fierce competition over who will be the worst." - Dr. Bashar Jaafari, UNSC session, 22nd of February, 2018 [link to youtu.be (secure)] __________________________________________________________________________ [link to www.godlikeproductions.com] |
Anonymous Coward User ID: 27797357 Poland 07/15/2014 02:13 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 55004405 Luxembourg 07/15/2014 02:13 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 The US dollar isn't going anywhere, anytime soon, period. You can't just 'drop' a global reserve currency, it has to be replaced with another currency. The daily global Forex market is 5.3 trillion USD, per day. 85% of that is US dollars. 68% of all the worlds nation's reserve currency is US dollars. As it stands right now, it is impossible for China to be a global reserve currency. The Yuan is a pegged currency, same with Ruble. The initial capitalization of the so-called brics bank will be 50 billion ...in US dollars...Is this thread interested in the truth? Right now, the economics and financials being thrown around on this thread, the vast majority anyway, is misinformation or ignorance. It is certainly not reality. Quoting: Anonymous Coward 59249818 US assets are so leveraged that the slightest loss of value in the dollar could start a chain reaction One question, how is it possible the US has a deficit of 17 trillion, yet their currency has not collapsed? I ask b/c the answer, will in part, answer your question. because the FED is buying most of the US debt issuance, and there is a lot of foreign demand for USD because of its reserve currency status |
N.O.S. (nli) User ID: 60261886 United States 07/15/2014 02:13 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 Babay ‏@Truth_Seeker_11 · 6 min.  Quoting: KneelB4Zod! Serbian unit in the #Donbass militia has grown to 35 volunteers, after arrival of new recruits from #Serbia, no KIA It seems that they even brought weapons with them. The folding stock AKM some of the guys in the photo are holding is M70 AB2 assault rifle. I was issued one when I served the army in the late 1990's... There are several classic M70's in the photo as well... And an M72 light machine gun... |
Anonymous Coward User ID: 60264974 United States 07/15/2014 02:14 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 ConflictReporter ‏@MiddleEast_BRK · 1m Quoting: Zombie Daddy in a Box #BREAKINGNEWS THE RUSSIAN ARMY OCCUPIES THE CENTER OF #DONETSK CITY TONIGHT. [link to www.youtube.com (secure)] … Holy shit. This for real? |
FormerlyBritish User ID: 55803746 United States 07/15/2014 02:16 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 What will happen to China's 2 trillion in reserves when the brics destroy US dollar? Quoting: Anonymous Coward 59249818 Destroy the dollar does not mean it becomes worthless, this has to be interpreted in context. It means something like (wild guess) inflation in USA is perhaps 100% per year. In other words price of imported goods doubles every year. Inflation is already around 15% to 20% per year on food and other neighborhood supermarket items and hidden by clever government statistics. The Chinese treasuries get converted into greenbacks, the greenbacks get converted into whatever the US has for sale. Things of real value (eg coal) and things of little real value (eg iPhones). Probably not things of durable value that remain under US control (real estate, mineral rights, futures in crops) because the government can, and will, find ways to put a stop to that. What it means is that the US population has to get used to a standard of living closer to with world averages. Which will be very hard for people not used to adversity. The ironic thing is that the people at the very bottom (the homeless) and the very top (the zillionaires) will be affected least. As long as the electricity grid stays up (and it will) then people will get by. The only way the American people could retain something similar to their historic lifestyle and standard of living would be to withdraw from world affairs, close 99% of overseas military bases and "bring our boys home". That would allow development of the means to live substantially without perhaps 90% of today's imports. It won't happen, not a chance, changing the military from offensive to defensive and letting former allies sort out their own problems "unaided" is 100% politically unacceptable to the wealthiest people. So no, the dollar will not collapse suddenly, what will happen is that no-one overseas will want to hold dollars any longer than necessary. They will buy dollars when they foresee that they will soon have a need to spend them, and only then. |
Anonymous Coward User ID: 59249818 United States 07/15/2014 02:16 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 The US dollar is in trouble, no doubt. But, it is still the safest currency available, right now. Part of the US massive deficit is b/c of the foreign trade deficit with China. China artificially suppresses their currency value. They do this for many reasons the biggest being,keeping chinese goods sent to the US cheap so Americans will continue to buy them. This is also a huge weakness in the chinese economy, in fact it is creating the cnbc analyst favorite word-the 'bubble.'India is really pissed at China for suppressing it's currency b/c no one is buying Indian goods abroad b/c they are more expensive that Chinas. |
KneelB4Zod! User ID: 22992427 Czechia 07/15/2014 02:22 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 Just another one to the collection from Makiivka: “You don’t fear death, you welcome it. Your punishment must be more severe.” - Bane "This is not a new world, it is simply an extension of what began in the old one. It has patterned itself after every dictator who has ever planted the ripping imprint of a boot on the pages of history since the beginning of time. It has refinements, technological advances, and a more sophisticated approach to the destruction of human freedom. But like every one of the super-states that preceded it, it has one iron rule: logic is an enemy and truth is a menace." - "The Obsolete Man" - The Twilight Zone, 1961 __________________________________________________________________________ "I assure you, ladies and gentlemen that, very soon history will show that we and our allies have fought a war on behalf of the whole world against terrorism supported by governments that will be held accountable by its own people..." Quoting Dostoyevsky: "Rest assured, hell is big enough for all. It doesn't deserve this fierce competition over who will be the worst." - Dr. Bashar Jaafari, UNSC session, 22nd of February, 2018 [link to youtu.be (secure)] __________________________________________________________________________ [link to www.godlikeproductions.com] |
Anonymous Coward User ID: 60264974 United States 07/15/2014 02:24 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 59249818 United States 07/15/2014 02:27 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 The US dollar isn't going anywhere, anytime soon, period. You can't just 'drop' a global reserve currency, it has to be replaced with another currency. The daily global Forex market is 5.3 trillion USD, per day. 85% of that is US dollars. 68% of all the worlds nation's reserve currency is US dollars. As it stands right now, it is impossible for China to be a global reserve currency. The Yuan is a pegged currency, same with Ruble. The initial capitalization of the so-called brics bank will be 50 billion ...in US dollars...Is this thread interested in the truth? Right now, the economics and financials being thrown around on this thread, the vast majority anyway, is misinformation or ignorance. It is certainly not reality. Quoting: Anonymous Coward 59249818 What if I told you the multipolar world can exist without a single reserve currency? Regardless whether de iure or de facto. I absolutely agree! It would improve the economies of many so-called under developed countries. Americans in the last ten years have abused their position as reserve currency holders, probably to the point of criminality. They are paying for it right now and Russia, especially china are leading the charge. |
Anonymous Coward User ID: 27797357 Poland 07/15/2014 02:30 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 The US dollar isn't going anywhere, anytime soon, period. You can't just 'drop' a global reserve currency, it has to be replaced with another currency. The daily global Forex market is 5.3 trillion USD, per day. 85% of that is US dollars. 68% of all the worlds nation's reserve currency is US dollars. As it stands right now, it is impossible for China to be a global reserve currency. The Yuan is a pegged currency, same with Ruble. The initial capitalization of the so-called brics bank will be 50 billion ...in US dollars...Is this thread interested in the truth? Right now, the economics and financials being thrown around on this thread, the vast majority anyway, is misinformation or ignorance. It is certainly not reality. Quoting: Anonymous Coward 59249818 What if I told you the multipolar world can exist without a single reserve currency? Regardless whether de iure or de facto. I absolutely agree! It would improve the economies of many so-called under developed countries. Americans in the last ten years have abused their position as reserve currency holders, probably to the point of criminality. They are paying for it right now and Russia, especially china are leading the charge. This article never gets old: [link to www.resilience.org] |
Anonymous Coward User ID: 60256040 Russia 07/15/2014 02:38 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 On Tuesday, Ukrainian military officials said they suspected Russia of carrying out an airstrike that killed at least four civilians in the eastern Ukrainian town of Snizhne, about 12 miles from border. Quoting: Anonymous Coward 35053679 The announcement by Ukraine’s general prosecutor’s office that it was collecting evidence of Russia’s role in the airstrike came a day after the government in Kiev said that Russia was responsible for the downing of a military transport plane in Luhansk. Anatoliy Matios, a deputy general prosecutor, said at a news conference in Kiev that the government intended to document Russia’s involvement in the bombing of the residential building in Snizhne. “It will be proven according to international standards that a neighboring state used military equipment and ammunition,” Mr. Matios said. “The place where the plane came down is known and it is far from the Russian border,” said Col. Gen. Yury Solovyov, the ex-commander of Russia’s Special Mission Command, responsible for air defenses, according to the Interfax news service. “Russia has no air defense systems with such a range along the border with Ukraine.” General Solovyov added: “If the Ukrainian claims had been true, the U.S. would have produced space-based information a long time ago indicating that a Russian air defense system shot down the AN-26. Like us, they see things in real time and notice what flies where and who launches what.” [link to www.nytimes.com] It was junta Su-25 was. Plane was shot down. |
Anonymous Coward User ID: 59249818 United States 07/15/2014 02:41 PM Report Abusive Post Report Copyright Violation | Re: UKRAINE/RUSSIA NEWS: Russian military drills begin near Ukraine day after militants announce 100k strong mobalisation!!!p.7387 The US dollar isn't going anywhere, anytime soon, period. You can't just 'drop' a global reserve currency, it has to be replaced with another currency. The daily global Forex market is 5.3 trillion USD, per day. 85% of that is US dollars. 68% of all the worlds nation's reserve currency is US dollars. As it stands right now, it is impossible for China to be a global reserve currency. The Yuan is a pegged currency, same with Ruble. The initial capitalization of the so-called brics bank will be 50 billion ...in US dollars...Is this thread interested in the truth? Right now, the economics and financials being thrown around on this thread, the vast majority anyway, is misinformation or ignorance. It is certainly not reality. Quoting: Anonymous Coward 59249818 This latest picture post tells me that, in fact, you do not have the sufficient education to understand what I wrote. Everything I wrote can be fact-checked. A Macro Econ 101 class, FFS, teaches these simple principles. Had you any idea about monetary policy you would have engaged me in a discussion. You're spreading disinformation and it is harmful to a thread which seeks to promote discussion and endeavors to find the truth. Fact check anything I said. I happen to be an economist myself. Neither Russian, nor American. And can tell you: the world is able to live without USD hegemony. And it can be declared or happen on de facto basis. Well that makes two of us. My credentials can be found Hong Kong Baptist University's website. The fact is, right now, the US dollar is the only world currency, that is not pegged, it economic and financial systems are completely transparent (unlike China), and it provides the needed liquidity to the world. Now you're an economist so you know that no other currency in the world, right now, is capable of doing that. Two yeras ago we (in the economics community) were looking at serious Euro depreciation b/c of a number of systemic issues in the EU economy and the EUro was thought to maybe reemerge and challenge the dollar-nope. |