Monday, April 04, 2022

Why Bai-Den Will Keep Fighting in Ukraine

Old Joe will fight until every last Ukrainian is dead.

Why?

...One of the consequences of th[e current] system is the world has an insatiable appetite for US government debt. Because it is denominated in dollars and considered the safest of financial bets, it makes the ideal collateral. This has allowed the United States and other Western countries to run massive trade and spending deficits. The world wants the debt and the world wants to sell the West their products. US debt was 30% of GDP in 1980 and now it is 127% of GDP.

This is the subtext of the Russo-Ukrainian war. Russia and China, especially China, are tired of this arrangement. They correctly see it as to the advantage of Washington at their expense. This is why China is backing Russia’s play to demand rubles for its energy and agricultural products. This would pave the way for China demanding yuan for its products and the right to pay for energy in yuan. India is also quietly supporting what the Russians are doing for the same reasons.

This is why Washington is in no mood to strike a deal over Ukraine. It is not the only reason, but it is a big part of the plan to protect the dollar. If Washington can break the Putin government through financial war, China and India will drop their plans to buck the dollar in the global economy. A century after the Great War, the new global war is being mainly fought in finance. The West, led by America, is now at war with the world over control of the global currency system....

 BidenšŸ¤” already said that 'We must lead in the New World Order," and he means it.  (Better phrased:  whoever the Hell is coaching Joe means it.) 

No matter how many Ukrainians have to die to make it so.

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