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The Ukrainian Financial Panic
Armstrong Economics ^ | 31 Dec23 | Martin Armstrong

Posted on 12/31/2023 6:46:27 PM PST by delta7

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To: BobL

A filibuster is someone that engages in unauthorized military action in a foreign country to support a revolution.

The word is derived from the same source as freebooter and had the connotation of pirate.


41 posted on 12/31/2023 9:52:52 PM PST by Chad C. Mulligan
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To: Owen

1) Financial gurus always like to toss around the word “collapse”, and it is never defined. It is very hard for any country with a Central Bank to “collapse”. Money can be created from nothing so people can eat. So neither Russia nor Ukraine are going to economically “collapse”. It is just wrong. Not absurd. Wrong.

Other than every economy that has collapsed with a central bank-good point. Incl Soviet Union, nazi Germany even Zimbabwe.

Russia’s rates are at 16% and the ruble is off 50%-if that’s not called economic collapsing, what is it called?

6)see above-the currency market is the only objective war time scoreboard. Nobody knows anything but the ruble is worth half as much as 18 months ago and he has o pay 16% to stimulate ruble demand to prevent further collapse.


42 posted on 12/31/2023 10:08:36 PM PST by Freest Republican (This space for rent)
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To: rlmorel

This is my shocked face.

43 posted on 12/31/2023 10:16:30 PM PST by McGruff (Don't underestimate Joe's ability to f*** things up - Barack Obama)
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To: BobL

Russia invaded Crimea in 2014 and Ukraine in 2021-

no need for youtube to point out both invasions occurred shortly after the price of oil doubled.

Almost as if Russia’s economy is oil/gas-oh right that is mostly the case-

“Buried within the U.S. intelligence community’s report on Russian activities in the presidential election is clear evidence that the Kremlin is financing and choreographing anti-fracking propaganda in the United States. By targeting fracking, Putin hopes to increase oil and gas prices, destabilize the U.S. economy and threaten America’s energy independence.”

How and why this crap started?

US energy policy chose risk of WWIII/nukes over climate change. Otherwise Putin can’t afford to threaten a gnat.


44 posted on 12/31/2023 10:24:03 PM PST by Freest Republican (This space for rent)
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To: Widget Jr
"According to the NYT, Russia has 300,000 and Ukraine 200,000 total casualties, dead and wounded."

***********************************************

Please don't cite nonsense and bull**** from this totally unreliable propaganda source. The NYT just repeats as fact the bull**** numbers that the lying Ukrainians give them.

45 posted on 12/31/2023 11:05:35 PM PST by Neanderthal ("Knowledge is good" - Emil Faber)
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To: MeganC
"Why is Putin scared? What’s he afraid of?"

He's probably afraid of dying. After all, he's already died five times this past year!

46 posted on 12/31/2023 11:21:15 PM PST by The Duke (Why do I think that the cynicism gene is going to be prevalent in future generations?)
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To: Freest Republican

“Buried within the U.S. intelligence community’s report...”

LOL, was that before or after our ‘experts’ virtually PROMISED that Ukraine would march to the Sea of Azov in their Great Counteroffensive?

Sorry, but US Leftist do not need any ‘help’ from Russia, they are PERFECTLY CAPABLE of blocking US energy production, and have proven so over and over again.


47 posted on 12/31/2023 11:31:11 PM PST by BobL (Trump gets my vote, even if I have to write him in; Millions of others will do the same)
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To: struggle

I ignore the comments from both sides! This entire mess is the result of the globalists trying to deplete as many resources as possible to destroy the financial world to bring it under their control. And, as a side benefit, they are destroying all evidence of the west’s political corruption .. resident Biden thanks them.


48 posted on 01/01/2024 2:21:00 AM PST by Highest Authority (DemonRats are pure EVIL)
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To: kiryandil

Ukraine needs to give Hungary its land back.


49 posted on 01/01/2024 3:21:48 AM PST by Bulwyf
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To: kiryandil

Well thanks for clearing that up, simply hold sham elections, declare victory(since they count the votes) and Shazam Russia is now larger.

Perfect


50 posted on 01/01/2024 4:06:34 AM PST by blitz128
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To: bimboeruption

At least going through the motions?
That is one hell of a defense.


51 posted on 01/01/2024 4:08:50 AM PST by blitz128
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To: Bulwyf

Russia first , then we can talk Hungary


52 posted on 01/01/2024 4:10:42 AM PST by blitz128
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To: delta7

[Worse still, he is making it a criminal act to flee the country and avoid his draft to justify the EU arresting Ukrainians and deporting them back to be sent to their death on the front lines.]

Paging Denys Davydov.....


53 posted on 01/01/2024 4:54:39 AM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: McGruff

I really enjoyed those commercials


54 posted on 01/01/2024 4:59:30 AM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: dangus

It’s our fault for our meddling...get real.


55 posted on 01/01/2024 5:43:00 AM PST by trebb (So many fools - so little time...)
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To: trebb

There is no meddling except in the delusional isolationist minds


56 posted on 01/01/2024 5:50:08 AM PST by bert ( (KWE. NP. N.C. +12) Hamasci de is required in totalhe)
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To: Neanderthal; glorgau
Taking a convicted fraudster word's at face value, that's OK. Citing the news directly, checking sources, reading articles before commenting, those are no-nos.

Between friend, foe and con artists, there are a lot here who defend the con artists. It is sad to see what is happening to this site.

57 posted on 01/01/2024 6:01:12 AM PST by Widget Jr
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To: SaveFerris

Worse yet…..freezing ( stealing) people’s bank accounts who do not register or dodge the draft…evil….Obama was the one who first to weaponize your money….coming to the US soon, all eyes on our administrations drive to cashless digital money…stay tuned….and Happy New Year!


58 posted on 01/01/2024 7:21:55 AM PST by delta7
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To: Freest Republican

No.

The Soviet central bank was not a central bank in our current understanding of such things. It was strictly constrained in Ruble creation to amounts aligned and consistent with the Interior Ministry’s 5 Year Plan. This was Gosbank and Gosplan.

They were not authorized to create money when needed by the sharp decline in Brent from the $30s to $10s in the early to mid 1980s, staying low to 1990. They made the devastating mistake of treating money as if it should be logical and arithmetically meaningful, rather than a substance created from nothingness on a whim.

Russia in 1991 replaced Gosbank with a true whimsical Central Bank that because of oil and gas, they have had minimal reason (Covid, briefly) in 30 years to embark on a Bernanke style of QE.

Nazi Germany btw, had two central banks. No one ever looks deeply into how a country closely supervised by monitoring entities created in the Treaty of Versailles, nevertheless during the global Great Depression of the 1930s managed to build enormous military forces. Answer, they created a 2nd central bank outside the monitoring authority of the agencies watching the original central bank. They created deutchmarks and paid their munitions workers with them. It’s the fundamental question about WWII and the world of banking generally very aggressively obscures it.

As for the value of a Ruble, that is measured by calories and St Petersburg rent. It’s not measured my anything else.
Certainly not by “trading” in a currency market located in hostile countries.


59 posted on 01/01/2024 7:50:04 AM PST by Owen (.)
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To: delta7; dpetty121263; null and void; Travis McGee; Red Badger; Roman_War_Criminal; metmom
[…evil….Obama was the one who first to weaponize your money….]

Like I've said, he may not be the Antichrist, but he certainly does a fine impersonation of him. Definitely paving the way.

[coming to the US soon, all eyes on our administration's drive to cashless digital money…stay tuned]

Controlling people's ability to BUY and SELL, especially the food supply, and their ability to work and received a paycheck (almost all digital these days - which is why I used to take a paycheck when I could get it).

It's all building a Digital Currency Prison (Planet, heh) that NO ONE will be able to escape. It's been forming and making advances towards the prophesied outcome.

Keep praying and looking up!











(lurkers, please click on my screen name to see my FR homepage for further information.)
60 posted on 01/01/2024 8:06:31 AM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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