Tag Archives: Russia

This is an interesting analysis from the POV of globalization, the global economy, geopolitics, geostrategy and political economy.  I am not endorsing the analysis itself, although it is plausible and makes many good points such as the geopolitical conflict between sea-power or thalassocracy, and land-power or tellurocracy.  While the specifics are interesting, the method of analysis is much more significant. The chief reason I am posting it is to show how developing an entire...

In essence, by the end of 2018, cryptos will be trading on the Moscow Exchange and integrated into the banking system to stand beside stocks, bonds and other derivative assets. Russia InsiderRussia Turns to Cryptocurrencies to Counter US Sanctions Tom Luongo

Russian ex-pat Leonid Bershidsky is blowing holes through Western narratives that are out of touch with Russian reality and heavily influenced by Western russophobia. This raises the question of whether the current Western sanctions against Russia strike at the heart of the Russian system or merely pretend to do so. Since the sanctions were introduced, no Western government has made a meaningful effort to investigate the provenance of hundreds of billions of dollars in Russian offshore...

As relations worsen, US must realize Russia will not soon, if ever, become a liberal democracy.… Carried away by ahistorical reasoning, the U.S. believed its victory in the Cold War meant that Russia, like all other countries, had little choice but to adopt the liberal democratic free-market order that had brought prosperity and peace to the West.... The real problem is viewing this as problem. Probably no non-Western state will become a liberal democracy because it is not in accord with...

Democrats "Kompromat" | Michael Hudson Your access to this service has been temporarily limited. Please try again in a few minutes. (HTTP response code 503) Reason: Exceeded the maximum global requests per minute for crawlers or humans. Important note for site admins: If you are the administrator of this website note that your access has been limited because you broke one of the Wordfence blocking rules. The reason your access was limited is: "Exceeded the maximum global requests per minute...

Seems it’s always a central bank story. Goes up when they buy, down when they sell. Furthermore gold buying is supported by how it’s accounted for. That is, it doesn’t count as deficit spending or part of the pubic debt, even though the ‘taxpayer’ has to pay interest on the funds spent, just like any other deficit spending. Gold purchases are accounted for not as an ‘expense’ as ‘normal’ govt spending, but as purchases of an asset that remains on the balance sheet at ‘cost’. And yes, the...

An interesting analysis of current EU politics by Peter Hitchens with reference to Germany and Russia, with some good historical background. It is interesting because some of his thoughts line up with what people on the left have also argued on, for example, the Ukraine, and the absurdity of the “new” Cold war that has been ratcheted up with Russia.[embedded content]

I wrote a number of posts on Forbes about Russia at the back end of 2014. At the time, there was a lot going on with the currency, the central bank and the banks. So for ease of reference, I've collected them here, in chronological order.Why the Russian Central Bank can't defend the rubleHas the Russian Central Bank thrown in the towel?The Russian Central Bank is regaining control, but for how long?Oil, sanctions and Russian politicsHow to destroy a currency, Russian styleRussia and the...