One of the main themes of the Russia-Ukraine-NATO matrix is how the Empire of Lies (as Putin calls it) is shaken to the core by the combined capabilities of Russian hypersonic missiles and a missile shield capable of blocking incoming nuclear missiles from the West, ending the (mutually guaranteed) doctrine (Mutually Assured Destruction – MAD).
This led the Americans to almost risk an open war in order to be able to place hypersonic missiles that they do not yet have on the eastern borders of Ukraine, from where it would take them three minutes to hit Moscow.
In Ukraine, Americans are ready to fight to the last European soul, if necessary. This could be the last throw of a (nuclear) dice. Hence this penultimate attempt to force Russia into obedience, through the use of the remaining functional American weapon of mass destruction: SWIFT.
However, these weapons can be easily neutralized by the rapid adoption of self-sufficiency.
With an essential contribution of the irreplaceable Michael Hudson, I will try to summarize how Russia can survive the storm of sanctions. And I didn’t even get to the full extent of the Russian “defending the black box“And counterattacks, as John Helmer stated in the introduction to his essay announcing, no less, the return of Sergei Glazyev.
Glazyev, justifiably despised in Atlanticist circles, was a key economic adviser to President Putin and is now the Eurasian Economic Union’s (EAEU) Minister for Integration and Macroeconomics. He has always been a sharp critic of the Russian Central Bank and a gang of oligarchs closely linked to Anglo-American finances.
His latest essay, entitled “Sanctions and Sovereignty”, was originally published by expert.ru, and translated by Helmerdeserves serious attention.
This is one of the key parts:
Russia’s losses in potential GDP since 2014 amount to about 50 trillion rubles. But only ten percent of that can be explained by sanctions, while 80 percent is a consequence of monetary policy. The United States benefits from anti-Russian sanctions, imposing itself as a substitute for Russian hydrocarbons in the European Union and China, and as a substitute for importing European goods into Russia. “We could completely remedy the negative consequences of financial sanctions if the Bank of Russia fulfilled its constitutional duty to ensure a stable rate of ruble conversion, and not according to the recommendations of Washington’s financial organizations.”
Deophshorization or ruin
It is crucial that Glazyev proposes:
– Real deoffshorization of the economy.
– Measures to tighten currency regulations in order to stop the export of capital and expand targeted lending to companies that need financial investments.
– Taxation of currency speculation and transactions in dollars and euros on the domestic market.
– Serious investments in research and development in order to accelerate the development of its own technological base in the areas affected by sanctions – primarily in the field of defense, energy, transport and communications.
And at the very end, but not least, “dedollarization of our foreign exchange reserves, so that dollars, euros and pounds would be replaced by gold.”
Russia’s Central Bank seems to be listening. Most of these measures are already in force. And there are hints that Putin and his government are finally ready to squeeze Russian oligarchs by the testicles and force them to share risks and losses with the nation in these extremely difficult times. In other words: say goodbye to the accumulation of money taken from Russia abroad and London.
No kidding with Glazyev. In December 2014, I was at a conference in Rome, and Glazyev joined us over the phone. Flipping through an article I wrote on the way from Rome to Beijing at the time, I was shocked – as if he was giving a speech today.
Let me quote two passages from my text at the time:
“At the symposium, held in frescoes painted on the former Dominican dining room from the 15th century, which is now part of the library of the Italian Parliament, Sergei Glazyev, speaking over the phone from Moscow, offered a sober look at the Cold War 2.0. There is no real ‘government’ in Kiev, he is the main American ambassador. An anti-Russian doctrine has been created in Washington, with the aim of gradually dragging Europe into the war – and European politicians are its collaborators. “Washington wants a war in Europe because it is losing out to China.”
“Glazyev referred to the sanctions hysteria: Russia is simultaneously trying to reorganize the policy of the International Monetary Fund, fight with the withdrawal of capital and minimize the effects of the fact that banks are closing credit lines to many businessmen. However, the final result of the sanctions, he says, is that Europe will be the ultimate economic loser; the European bureaucracy has lost its economic focus as American geopoliticians have taken the helm. “
“Independence Tax”
There seems to be a maturing consensus in Moscow that the Russian economy will stabilize quickly, as the industry will be short of people and there will be a need for many more workers, so unemployment will be eradicated. There may be shortages, but not inflation. Sales of Western luxury products have already been suppressed. Important products will be under a price control regime. All the necessary laundry will be available through price control – as was the case with the United States during World War II.
A wave of property nationalization may follow. Exxon Mobile has announced it will withdraw from the $ 4 billion Sakhalin-1 project (already withdrawn from Sakhalin 2 as it was considered too expensive), which produces 200,000 barrels of oil a day, after British Petroleum (BP) and Norway’s Equinor announced that they are leaving all Rosneft projects. BP actually hoped to take over Rosneft’s entire stake.
According to Prime Minister Mikhail Mishustin, the Kremlin is now blocking sales of foreign investors seeking to withdraw. At the same time, Rosneft, for example, will withdraw capital from China and India, which already represent minority investors in several projects, in order to buy them 100% – which is a great opportunity for Russian business.
But what is considered the “mother of all counter-sanctions” has not yet been revealed. The Deputy President of the Security Council of the Russian Federation, Dmitry Medvedev, indicated that all options are on the table.
Foreign Minister Sergei Lavrov, with the patience of 10,000 Taoist monks, expects the current hysteria to fade, and describes the sanctions as “some kind of independence tax“States are preventing their companies from operating in Russia under” great pressure “.
However, deadly counterattacks are not ruled out. In addition to complete dedollarization – which Glazyev recommends – Russia could cut off exports of titanium, rare minerals, nuclear fuel and – as has already happened – rocket engines.
Highly toxic moves would include seizing all foreign assets of enemy states, freezing all debts to Western banks and depositing money in a frozen Russian bank account, as well as a total ban on all hostile foreign media, a ban on foreign media ownership, expulsions of NGOs and CIA, and supplying friendly countries with state-of-the-art weapons and intelligence, while holding joint trainings and exercises.
What is certain is that the new architecture of payment systems – discussed by Michael Hudson and others – combining Russian SPFS and Chinese CHIPS, could soon be offered to a number of countries across Eurasia and the Global South, several of which are already under sanctions, such as Iran, Venezuela, Cuba, Nicaragua, Bolivia, Syria, Iraq, Lebanon and North Korea.
We are slowly but surely treading a path that leads to the emergence of a vast bloc of the Global South immune to American financial warfare.
The “RIK”, a part of the BRICS, ie Russia, India and China, is already increasing the share of trade in its own currencies. If we look at the list of countries that voted against or abstained from condemning “Operation Z” in Ukraine, plus those that did not impose sanctions on Russia, we will reach some 70 percent of the Global South.
So we have the West again – plus its satrapies and colonies like Japan and Singapore in Asia – against everyone else: Eurasia, Southeast Asia, Africa and Latin America.
European collapse
Michael Hudson told me that “the United States and Western Europe were expecting.” friendly war (German “happy war”). Germany and other countries have not yet begun to feel the pain caused by shortages of gas, minerals and food. It will be a moment of truth. The goal will be to separate Europe from American control through NATO. And that will involve ‘interfering’ in their domestic circumstances by creating a new political movement or party of the New World Order, similar to communism from a century ago. We could call it the new Great Awakening. “
The potential Great Awakening will certainly not include the sphere of “Natostan” in any foreseeable future. Instead, the collective West is in a regime of serious Great Separation, and its entire economy has been turned into a weapon with the task of destroying Russia, and even encouraging the change of its regime, which is the eternal wet dream of the West.
Sergei Naryshkin, director of the SVR (Russian Foreign Intelligence Service), described this precisely:
“The masks have fallen. The West is not just trying to surround Russia with a new ‘iron curtain’. These are attempts to destroy our state – to abolish it, as it has now become common to speak in a ‘tolerant’ liberal-fascist environment. “As the United States and its allies are reluctant to try to do so through open and honest military-political confrontation, there are insidious attempts to establish an economic, informational and humanitarian blockade.”
Probably the culmination of the West’s hysteria is the start of the neo-Nazi jihad in 2022: a mercenary army of 20,000 people gathers in Poland under the supervision of the CIA. Most of them come from private military companies such as Blackwater / Academy and Dean-Korp. Their screen is the story of the return of Ukrainians from the French Foreign Legion. This remix comes straight from the only textbook the CIA knows – Afghan (meaning sending weapons and fighters to Afghanistan to fight the Soviet Union in the 1980s).
Let’s go back to the real world: the facts on the ground will eventually drive entire Western economies to their deaths – chaos in the raw material sphere will lead to a dizzying rise in energy and food prices. For example, as many as 60 percent of German and 70 percent of Italian manufacturing industries could be shut down forever – with catastrophic social consequences.
The unelected, Uber-Kafkaesque EU machinery from Brussels opted for triple hara-kiri, clinging to the role of the poor vassal of the Empire, destroying any remaining Franco-German impulses of sovereignty and imposing alienation from Russia and China.
Meanwhile, Russia will point in the right direction: only self-sufficiency provides complete independence. And the wider picture was quickly seen by the Global South – one day someone had to stand up and say: “That’s enough!” And with the maximum of raw force behind him.
Translated by Vladan Mirković / New Standard
Cover photo: ITAR-TASS / Sergei Bobylev
Source The Saker/ FSK
BONUS VIDEO:
standard.rs
