Brits, French and Germans pushing European states to rob Russian assets

 Look like the attempt to use seized Russian assets to fund Ukraine has collapsed. Belgium, that holds most of the Russian assets is smart enough to realize the consequences and might be left holding the bag should the Russians take action and succeeds in taking back those assets, plus interest. Now what?

Even the USA is wary of using such Russian assets, but the Europeans are very brave trying to do what the USA has yet to do. Now, it looks like the Europeans are attempting to show they are one step more virulent than the USA, showing the world that it can also resort to lying, cheating, stealing and now robbing as well. Putin calls the European robbers, which is what they actually are. The Europeans have been robbing countries around the world for centuries. It is in their DNA and old habits die hard.

The USA is aware that such seizure is already taking a toll on its sale of treasuries and attracting foreign investments to shore up its manufacturing boasts. Who wants to buy USA treasuries and building assets in the USA, knowing it can also be seized at its whims and fancies if the USA follows the Europeans.

The Taiwanese, Japanese and South Koreans are looking for trouble investing in the USA and their investments will, in time, be held hostage as well like the Arabs, if they do not toe the line. But there is nothing they can do when they are pushed against the wall. This is like being forced to put a hand into a snake pit waiting for snakes to bite, which is a certainty.

Anonymous

When America invades Venezuela... the end of the road for America

 The Washington clowns headed by chief clown Trump are planning to invade Venezuela to steal its oil, like in Iraq, Syria, Libya and other Arab states. The clowns can only see not further than their nose. They can't even see their nose that is covered by a red ball. They think it is another Iraq, a cake walk.

Venezuela is now fully backed by its powerful friends, including nuclear powers like China, Russia and North Korea, Iran and many countries in Central and Latin America. When the Americans invade, all Central and Latin American countries and countries around the world will come to its aid. It is Independence Day for all countries under the oppression of the evil American Empire. It is as good as the whole world against the evil Empire.

Russia, China, Iran and friends have sent in enough weapons to sink American warships, down American aircraft and stop a landing on Venezuelan soil. The Americans cannot sustain a war for more than 2 weeks.

China will stop sending anything to America. No rare earth, no components and parts for American industries, no consumer items, essential items, clothing etc etc to America. Mexico and other Central and Latin American states would do the same. No trade with America. The American supply chains will collapse. All the supermarkets would be out of stock and have to close their doors. The Americans will run riot in the streets.

China will dump all its Treasury Bills. This will lead to an avalanche. When China dumps, every country, every investors, will also dump the Treasury Bills. The American dollar will become worthless. Wall Street will collapse. The American financial system will collapse. America will be broke, bankrupt!

American states would revolt, fight for independence. Hawaii, California, Texas, Arizona etc etc would not want to be in a sinking ship. Mexico will demand the return of its lands stolen by the Americans.

The whole world will turn against the American terrorists. The Americans will turn against the clowns in Washington. It will be the beginning to the end of the evil American Empire.

When China stops accepting the dollar...

 The Washington clowns still trying to increase more Chinese companies in their Entity List to hurt China. China on the other hand is quietly working towards full decoupling with the US. When China is fully decoupled from the US, it does not need to trade with the Americans, no need to buy anything from the Americans. If the Americans want to buy Chinese goods, they have to buy from third countries. When this stage is reached, China does not need US$ anymore. It can then dump all its holdings of Treasury Bills and dollars into the market. China's holding of the Treasury Bills is down to US$680 billion from a high of US$1.4 trillion, and shrinking everyday. China can then order all Chinese banks and businesses to stop accepting the US dollar. Can this be possible?

When China no longer accepts the dollar, all its trading partners can only pay for Chinese goods in Yuan or other currencies except the dollar. They too will have to liquidate their dollar holdings, or reduce it to only what they need for trades with America and countries that are still using the dollar. 

The effect is that there will be an over supply of dollars in the system. America will continue to print more dollars to roll over its multi trillion dollar debt. With China dumping the dollar, and with more countries reducing their holding of the dollar, dollars will be overflowing everywhere. American banks will be flooded with dollars. American banks cannot refuse to accept the dollar as a means of exchange. Soon a vicious cycle will be activated, with countries trying to hold less of the abundant dollars for their own safety.

The BRICS countries and the Global South countries would also be trading with their own currencies and if possible, will also not accept dollars for payments as they too have lesser use of the dollar. Plenty of dollars would return to America to make America very rich with all the dollars they have printed and are continuing to print.

The net effect of having so many dollars in the system but with lesser utility value and lesser users, is not difficult to guess. The question is can it happen, when will it happen?

Russia has already started not to accept the Euros for oil and Russian goods. The Euros would end up as an illegitimate currency outside Europe. And there is the BRICS formula for trading in their own currencies except the dollar and also the Euros. There is an alternative financial system in place outside the SWIFT system. When the Global South countries are trading among themselves, there is no place for the dollar and Euros. 

Good riddance to bad rubbish. The end of the dollar, and the Euros, is around the corner.

Trump's Vietnam. Would American boys and girls want to die in Venezuela when they don't have to?

Why is Trump not putting boots on the ground in Yemen to fight the Houthis? The fact is, the USA is wary of another Afghanistan. The Taliban fighters, or should I call them farmers, carry only small weapons, while the USA forces have the best arsenal and supported by heavy artilleries, fighter jets and tanks. How to lose a war like that is unthinkable.

Now, the world is talking about Trump maybe putting boots on the ground in Venezuela. Trump thinks this is just like sending home guards to Los Angeles, a walk in the park for them. Going into Venezuela is going to be another Vietnam, that those serving today may not yet have tasted. Should that happen, Trump's son is probably going to be in the thick of things. Oops, maybe not if Trump can come up with inherited bone spurs excuse, LOL.

By the way, Brazil and Mexico leaders are trying to broker a peace deal between Trump and Maduro. How dare they do that and stealing the limelight from Trump, the peace President, who will be able to do a peace deal within 24 hours himself and gather the honors to move closer to a real 'Peace Prize' instead of a football toy.

But as always, we can more or less expect what to expect at a circus. Enjoy the show!


Anonymous

American AA missiles cannot hit an air balloon at close distance!

Haha, China is learning how to behave like the USA, but not in areas that the USA wanted. While the USA has weaponized its US$, China is weaponizing its control of rare earth, its manufacturing over-capacity and most discreetly its military development. China's spending may be dwarfed by the USA but gets more bang for the buck. China is now selling its proven weapons to many countries. I am sure these are not areas that the USA wanted China to behave like them, right?

Yes, the USA has to be careful of what it is asking for, with more to come from China. China is trying to share the aviation sector cake now. China is also pouring resources into chip development to rival the USA. The fact that China is confident enough not to extend an opening for Nvidia's H200 chips from entering the Chinese market is a clear signal that China is still in the game. Data centers in the USA are being strangled by energy shortage and competing with domestic users, which says a lot about USA's AI sector. Jensen Huang already mentioned that cheap energy is the deciding factor moving forward, not hardware dominance. Is the man saying this for fun.


Anonymous


PS. When it needed two or three air to air missiles to knock down a hot air balloon that is barely moving, not evading, not jamming, and at short distance, with the pilot having all the time in the world, not under any pressure, it speaks a lot about the quality and reliability of American weapons.


Chinese air to air weapons, like PL15, can accurately hit a moving target at high speed, more than a 100km away, now that is something to talk about. That is the quality of the technology, hardware and software in the missile, in the firing aircraft and the surveillance radar tech of the AWACS.