Monday, October 03, 2022

Thinking About Putin's Speech - THIS Right'Chere....,

Been thinking about Putin’s speech after having read it earlier. I swear that in one or two parts, he said something that gives context to this war. The outlines of the plan are long visible. 

  1. Force Russia to take action to save the people of the Donbass
  2. Have the entire west hit them with massive sanctions unprecedented in history
  3. Seize all their off-shore wealth
  4. Cause the Russian economy to implode
  5. Have the locals topple Putin for Navalny or some other traitorous compradore
  6. Move in and privatize & de-industrialize everything
  7. Break up Russia into smaller countries
  8. Exploited these and turn them against one another like Iraq. 

None of this is secret now but these were the broad outlines. But why? I had assumed that given a choice of Russia and China, that Russia would have seemed the easier target which when successful, would leave China ripe for the taking. After that, the rest of the world will have to fall in line for the west. 

But in his speech, Putin said this:‘And here it is important to recall that the West bailed itself out of its early 20th century challenges with World War I. Profits from World War II helped the United States finally overcome the Great Depression and become the largest economy in the world, and to impose on the planet the power of the dollar as a global reserve currency. And the 1980s crisis – things came to a head in the 1980s again – the West emerged from it unscathed largely by appropriating the inheritance and resources of the collapsed and defunct Soviet Union. That’s a fact.’

Putting it together, what if this is all of what this is all about?

Think of the 2008 crash which is supposed to have only cost $2 trillion (and the rest!). Think of the unholy amounts of Quantitative Easing that has been done since then to make the banks whole and profitable, to keep the FIRE sector safe. And then think of the massive amount of money that has been printed since the pandemic started. 

It is a veritable ocean of debt!

It cannot stay that way. In fact it is getting worse. It is not sustainable. 

So if Nuland and the Neocons could cause Russia to fall, wouldn’t all the untold wealth (~$77 Trillion) of that country not serve rather handsomely toward the goal of making some of this mountain of debt go away? Is all of WW-III about making western debt go away? A lot of already wealthy people would become even wealthier. This great pirate adventure would advance a lot of careers. 

No tin foil hat required tomake this hang together.

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