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Adam Taggart
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Russia
by
Adam Taggart
David Stockman, former director of the OMB under President Reagan, former US Representative, best-selling author of The Great Deformation, and veteran financier is an insider's insider. Few people understand the ways in which both Washington DC, The Fed, and Wall Street work and intersect better than he does.
He's extremely concerned by the "perfect storm" he sees of concurrent failures in US policy across foreign, monetary, economic, fiscal fronts:
David Stockman: The Collapse of the American Imperium
by Adam TaggartDavid Stockman, former director of the OMB under President Reagan, former US Representative, best-selling author of The Great Deformation, and veteran financier is an insider's insider. Few people understand the ways in which both Washington DC, The Fed, and Wall Street work and intersect better than he does.
He's extremely concerned by the "perfect storm" he sees of concurrent failures in US policy across foreign, monetary, economic, fiscal fronts:
by
Adam Taggart
by
Chris Martenson
Executive Summary
- The 4 most likely scenarios of Russian response
- Europe is more vulnerable, and will feel more pain sooner than the US (though the US is still at risk)
- The risk to the world economy and financial markets
- What you should be doing now, in case things worsen
If you have not yet read Part I: The West's Reckless Rush Towards War with Russia available free to all readers, please click here to read it first.
Europe Will Pay the Price First
Europe is already on the edge of slipping back into outright economic contraction and can ill afford any sort of protracted sanction warfare with Russia, a major trading partner in both directions.
While the sanctions levied by Europe were very carefully crafted to cause the least amount of pain for itself as a fist order of business, while imposing maximum pressure on Russia second, they will still bite.
‘EU sanctions on Russia will hit UK economy’ – Foreign Secretary
Jul 30, 2014
EU sanctions aimed at ‘imposing economic pain’ on Russia following the MH17 crash will hit the UK economy, Foreign Secretary Philip Hammond has warned, saying ‘you can't make an omelette without breaking eggs’.
Hammond said the measures had been “designed to maximize the impact on Russia and minimize the impact on EU economies.”
“It will affect our economy… but you can't make an omelet without breaking eggs, and if we want to impose economic pain on Russia in order to try to encourage it to behave properly in eastern Ukraine and to give access to the crash site, then we have to be prepared to take these measures,” he told Sky.
On Wednesday, The Russian Foreign Ministry criticized the new package of EU sanctions, saying it was disappointed Europe was unable to act independently from Washington in the International arena.
“We feel ashamed for the European Union who, after long searching for a unified voice is now speaking with Washington’s voice, having practically abandoned basic European values, including the presumption of innocence,” the Foreign Ministry said in a statement.
(Source)
Indeed, it's easy to imagine how disappointed Russia might be to have so many unresolved questions about MH-17 lingering yet having Europe rush forward with punishment despite a long and warming history of economic ties.
Of course, the main consideration for Europe now that autumn is just a couple of months away is…
How The Coming Confrontation Will Unfold
PREVIEW by Chris MartensonExecutive Summary
- The 4 most likely scenarios of Russian response
- Europe is more vulnerable, and will feel more pain sooner than the US (though the US is still at risk)
- The risk to the world economy and financial markets
- What you should be doing now, in case things worsen
If you have not yet read Part I: The West's Reckless Rush Towards War with Russia available free to all readers, please click here to read it first.
Europe Will Pay the Price First
Europe is already on the edge of slipping back into outright economic contraction and can ill afford any sort of protracted sanction warfare with Russia, a major trading partner in both directions.
While the sanctions levied by Europe were very carefully crafted to cause the least amount of pain for itself as a fist order of business, while imposing maximum pressure on Russia second, they will still bite.
‘EU sanctions on Russia will hit UK economy’ – Foreign Secretary
Jul 30, 2014
EU sanctions aimed at ‘imposing economic pain’ on Russia following the MH17 crash will hit the UK economy, Foreign Secretary Philip Hammond has warned, saying ‘you can't make an omelette without breaking eggs’.
Hammond said the measures had been “designed to maximize the impact on Russia and minimize the impact on EU economies.”
“It will affect our economy… but you can't make an omelet without breaking eggs, and if we want to impose economic pain on Russia in order to try to encourage it to behave properly in eastern Ukraine and to give access to the crash site, then we have to be prepared to take these measures,” he told Sky.
On Wednesday, The Russian Foreign Ministry criticized the new package of EU sanctions, saying it was disappointed Europe was unable to act independently from Washington in the International arena.
“We feel ashamed for the European Union who, after long searching for a unified voice is now speaking with Washington’s voice, having practically abandoned basic European values, including the presumption of innocence,” the Foreign Ministry said in a statement.
(Source)
Indeed, it's easy to imagine how disappointed Russia might be to have so many unresolved questions about MH-17 lingering yet having Europe rush forward with punishment despite a long and warming history of economic ties.
Of course, the main consideration for Europe now that autumn is just a couple of months away is…
by
Adam Taggart
by
Chris Martenson
Executive Summary
- Why the US' antagonistic approach towards Russia is likely to backfire big time, in both the near and long term
- How, by definition, the West has already initiated economic warfare against Russia
- Why things will get very bad in a hurry for the West if Russia reacts by re-directing its energy exports
- And how things could get much worse indeed, for everyone, if this conflict erupts into a military confrontation
If you have not yet read Warning: The Ukraine Is At A Flashpoint, available free to all readers, please click here to read it first.
Poking The Bear
And that finally brings us to Russia, which has a long and complicated history with Ukraine. There are many Russian speaking people in the Ukraine, for whom Russia feels somewhat protective, as perhaps US citizens in Canada or Mexico might expect from the US.
Further, Russia quite rightfully feels that it is being systematically surrounded and cornered by the NATO military structure and they might reasonably ask themselves why and for what purpose(s)? There are probably other ways to look at this, but it's certainly reasonable to think that Russia might feel just the tiniest bit provoked, if not threatened, at the West's obvious efforts to get Ukraine to join up with NATO.
Instead of sitting down with Russia to try and hammer things out, the US resorted almost immediately to a series of sanctions targeted at Russian individuals and companies, as well as the Russian stock and bond markets, with the intention of creating economic and financial hardship that would get Russia to leave Ukraine to the west.
Here are a few of the efforts so far…
How This Situation Can Quickly Get Much Worse
PREVIEW by Chris MartensonExecutive Summary
- Why the US' antagonistic approach towards Russia is likely to backfire big time, in both the near and long term
- How, by definition, the West has already initiated economic warfare against Russia
- Why things will get very bad in a hurry for the West if Russia reacts by re-directing its energy exports
- And how things could get much worse indeed, for everyone, if this conflict erupts into a military confrontation
If you have not yet read Warning: The Ukraine Is At A Flashpoint, available free to all readers, please click here to read it first.
Poking The Bear
And that finally brings us to Russia, which has a long and complicated history with Ukraine. There are many Russian speaking people in the Ukraine, for whom Russia feels somewhat protective, as perhaps US citizens in Canada or Mexico might expect from the US.
Further, Russia quite rightfully feels that it is being systematically surrounded and cornered by the NATO military structure and they might reasonably ask themselves why and for what purpose(s)? There are probably other ways to look at this, but it's certainly reasonable to think that Russia might feel just the tiniest bit provoked, if not threatened, at the West's obvious efforts to get Ukraine to join up with NATO.
Instead of sitting down with Russia to try and hammer things out, the US resorted almost immediately to a series of sanctions targeted at Russian individuals and companies, as well as the Russian stock and bond markets, with the intention of creating economic and financial hardship that would get Russia to leave Ukraine to the west.
Here are a few of the efforts so far…
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