I think the real catalyst for the Greek spirit, although it has been let down, was the Finance minister, who quit the day of the capitulation of Tspiris. But in a very good interview I saw the finance minister say that Tspiris was his dear friend. so I have my doubts as to whether Tspiris is a crook, or even a traitor…as much as, he just had his hands tied and he wanted to stay in the group of people that make up the Euro…too bad. But my understanding is that even the Greek people didn’t want to exit the Euro, just have the austerity lifted…
“But my understanding is that even the Greek people didn’t want to exit the Euro, just have the austerity lifted…”
Yep: that’s exactly why the silly stunt known as “Syriza” worked. The Greeks were soooo happy hearing their sweet little Tsipras assuring them that they may both have their cake and eat it — “EU without austerity”. Like the Ukronazis, despite all differences that meet the eye, Syriza’s electorate was totally committed to the EU for a First World way of life. The Eurocrats responded to its bootlickers of both the “Left” and “Right” variety most appropriately. The cretins got their beloved ‘European values’ explained to them in no uncertain terms — ruthless trashing of their respective countries.
Twelve minutes of talking heads is my limit. Absolutely useless. In those twelve minutes I heard “inflation” one second’s worth — nothing about it, just the word “inflation”. When you have twelve percent or more inflation and the central bank has high interest rates even higher than that, and your growth is negative four percent, you are in deep trouble. What is this program, anyway? It is as bad as US television.
Thank you Daniel Rich, somehow I knew that already. I am out of patience, expecting something to happen and nothing is happening. Maybe something will happen sometime?
R; FUKUS tried to convince the world that ‘death by a thousand cuts’ wasn’t about death at all. In fact, it was a normality, albeit a creeping one.
The web through which Putin has to fly, is a merciless one; a single wrong move and it’s over.
Talking heads talk, that’s what they get paid to do; I’d be more worried about those few individuals whose task it is to sow the seeds of doubt; that smoking is good for you, that DDT makes everything grow, that there are no changes in nature, that Russia did [fill in the blanks], etc., etc., etc.
Follow Syria closely and you’ll know what has changed, when it changes and who changed it.
I think this story from this morning’s TASS feed got me down: http://tass.ru/en/economy/824617
This is Evgeny Yasin, “Academic Supervisor” of the Higher School of Economics and a former finance minister. It is absolutely abysmal in my view.
“Russia has “already exhausted its investment potential which was accumulated in the 1990s and in the beginning of 2000s,” Yasin said. “Now, we have to look for new solutions to improve the economic situation. What solutions? It is hard to answer this question. One thing is clear — one should no longer rely on such mineral resources as oil,” the HSE Academic Supervisor said.
“He added that Russia’s economic policy is rather balanced. “Now, it is necessary to complete market reforms that were started in the 1990s and 2000s so that we can have an absolutely market economy. It is hard to say whether we can achieve that,” Yasin stressed.”
He has nothing to say and TASS is letting him say it. What happened to Glazyev’s umpteen-point plan? Why isn’t it being headlined?
Syria can be saved for the Syrian people. Russia worries me, it seemed to be a force for good in the world, but can it even save itself?
I shouldn’t have said Yasin has nothing to say, what he is saying is Russia needs a completely unplanned economy, which is what has dragged the west down for the past thirty years so the US is now a failing military empire and a force for evil in the world. There was a time when that was not necessarily the future, but it has turned out that way. Now Yasin is saying Russia should emulate that? It is ridiculous. Glazyev is saying you need some planning, and I believe that is so. And you need to get rid of the outside world, the thrust for trade-trade-trade is nothing but propaganda for the empire that owns the trading currency. If losing a trillion dollars doesn’t bother you, you deserve to lose it.
If the problem is funding for an infrastructure development fund, Putin is the best salesman Russia could have, he has the people behind him. There was a story on a savings bond fund to be run through the post office, a simple case can be made for that, and if Putin made the case the people would put their money there, and there is the money for the infrastructure work. Ultimately, money will be put into circulation simply by spending it out of thin air at the roots where it will act like water for growth, rather than by lending it out of thin air to the rich in the hope it will trickle down, which it doesn’t. But until then, will somebody please get a bloody move on! End of rant.
You kidding? Bricks is the future. The silk road connecting Asia and Europe will show tremendous growth in the next decade. This land route will join Africa, the middle east, Europe and asia which holds like 80% of the global population. Russia is also doing research with china and india to develop new generation tech and science. If you think Russia has no future then the US and EU is in much worse shape, they are hugely in debt and running out of talent and replacing them with waiters and low paying jobs. A PhD in the US costs like a million bucks. You have to work to pay it off worse than buying a house. Those high paying jobs that could repay student loans are few now. You should see the number of scientists and engineers coming out of India and china, china is doing its mass production routine. Already china has over taken the US in most areas and in a decade or two when china cant keep up, india will take over just by the age demo graphics. The US and EU are not as inviting as it was 1-2 decades ago. That talent pool helped bring out companies like google, apple, intel, facebook etc.. It is already turning and in a decade we will see other start ups take over from the likes of the giants now, like they did from the old giants. You have to look at all the seeds that’s were planted and now sprouting wings. They are young.. Wait til they grow up. Russia is moving now to attract talent as they had a large pool of ex-soviet scientists to draw from before so it was not a necessity before but it is now.
I’m,surprised at David George’s reaction to this crosstalk..I really liked it. It is a bit repetitive, they are all saying that in the long run this downturn is good for Russia, But who’s in a hurry ? How can you expect anything else but years of change in a country ? What takes minutes to change in a single human life, takes decades in a country’s life.
I wish I had the prospects Russia has…I mean look at the people running Russia ? How could it get any better really ? Putin listens to Glazneyv but there are many things to consider, not just money….there are basically war fronts in two places…and money has to serve this for now. So to do a 180 degree turn now, is just not prudent.
I feel better now, something is happening, the Russian Air Force is going into Syria and President Putin is meeting on the economy, I guess he just needed some rest after his trip!
One thing that was a surprise in this CT was Peter revealed when he first cam to Russia he was woking for a financial group called Alpha.
Interesting article in Sputnik today about how Greece took advice from the US on its Grexit:
http://www.sputniknews.com/europe/20150929/1027732530/greece-eu-washington-grexit.html
I think this reveals just how fake Tsipras is/was. Greece’s economy won’t be recovering like Russia’s because they are in bed with the Bankers.
I think the real catalyst for the Greek spirit, although it has been let down, was the Finance minister, who quit the day of the capitulation of Tspiris. But in a very good interview I saw the finance minister say that Tspiris was his dear friend. so I have my doubts as to whether Tspiris is a crook, or even a traitor…as much as, he just had his hands tied and he wanted to stay in the group of people that make up the Euro…too bad. But my understanding is that even the Greek people didn’t want to exit the Euro, just have the austerity lifted…
“But my understanding is that even the Greek people didn’t want to exit the Euro, just have the austerity lifted…”
Yep: that’s exactly why the silly stunt known as “Syriza” worked. The Greeks were soooo happy hearing their sweet little Tsipras assuring them that they may both have their cake and eat it — “EU without austerity”. Like the Ukronazis, despite all differences that meet the eye, Syriza’s electorate was totally committed to the EU for a First World way of life. The Eurocrats responded to its bootlickers of both the “Left” and “Right” variety most appropriately. The cretins got their beloved ‘European values’ explained to them in no uncertain terms — ruthless trashing of their respective countries.
Twelve minutes of talking heads is my limit. Absolutely useless. In those twelve minutes I heard “inflation” one second’s worth — nothing about it, just the word “inflation”. When you have twelve percent or more inflation and the central bank has high interest rates even higher than that, and your growth is negative four percent, you are in deep trouble. What is this program, anyway? It is as bad as US television.
@ David George.
Q: What is this program, anyway?
R; Duck Duck Go.
Thank you Daniel Rich, somehow I knew that already. I am out of patience, expecting something to happen and nothing is happening. Maybe something will happen sometime?
@ David George,
Q; Maybe something will happen sometime?
R; FUKUS tried to convince the world that ‘death by a thousand cuts’ wasn’t about death at all. In fact, it was a normality, albeit a creeping one.
The web through which Putin has to fly, is a merciless one; a single wrong move and it’s over.
Talking heads talk, that’s what they get paid to do; I’d be more worried about those few individuals whose task it is to sow the seeds of doubt; that smoking is good for you, that DDT makes everything grow, that there are no changes in nature, that Russia did [fill in the blanks], etc., etc., etc.
Follow Syria closely and you’ll know what has changed, when it changes and who changed it.
I think this story from this morning’s TASS feed got me down:
http://tass.ru/en/economy/824617
This is Evgeny Yasin, “Academic Supervisor” of the Higher School of Economics and a former finance minister. It is absolutely abysmal in my view.
“Russia has “already exhausted its investment potential which was accumulated in the 1990s and in the beginning of 2000s,” Yasin said. “Now, we have to look for new solutions to improve the economic situation. What solutions? It is hard to answer this question. One thing is clear — one should no longer rely on such mineral resources as oil,” the HSE Academic Supervisor said.
“He added that Russia’s economic policy is rather balanced. “Now, it is necessary to complete market reforms that were started in the 1990s and 2000s so that we can have an absolutely market economy. It is hard to say whether we can achieve that,” Yasin stressed.”
He has nothing to say and TASS is letting him say it. What happened to Glazyev’s umpteen-point plan? Why isn’t it being headlined?
Syria can be saved for the Syrian people. Russia worries me, it seemed to be a force for good in the world, but can it even save itself?
I shouldn’t have said Yasin has nothing to say, what he is saying is Russia needs a completely unplanned economy, which is what has dragged the west down for the past thirty years so the US is now a failing military empire and a force for evil in the world. There was a time when that was not necessarily the future, but it has turned out that way. Now Yasin is saying Russia should emulate that? It is ridiculous. Glazyev is saying you need some planning, and I believe that is so. And you need to get rid of the outside world, the thrust for trade-trade-trade is nothing but propaganda for the empire that owns the trading currency. If losing a trillion dollars doesn’t bother you, you deserve to lose it.
If the problem is funding for an infrastructure development fund, Putin is the best salesman Russia could have, he has the people behind him. There was a story on a savings bond fund to be run through the post office, a simple case can be made for that, and if Putin made the case the people would put their money there, and there is the money for the infrastructure work. Ultimately, money will be put into circulation simply by spending it out of thin air at the roots where it will act like water for growth, rather than by lending it out of thin air to the rich in the hope it will trickle down, which it doesn’t. But until then, will somebody please get a bloody move on! End of rant.
You kidding? Bricks is the future. The silk road connecting Asia and Europe will show tremendous growth in the next decade. This land route will join Africa, the middle east, Europe and asia which holds like 80% of the global population. Russia is also doing research with china and india to develop new generation tech and science. If you think Russia has no future then the US and EU is in much worse shape, they are hugely in debt and running out of talent and replacing them with waiters and low paying jobs. A PhD in the US costs like a million bucks. You have to work to pay it off worse than buying a house. Those high paying jobs that could repay student loans are few now. You should see the number of scientists and engineers coming out of India and china, china is doing its mass production routine. Already china has over taken the US in most areas and in a decade or two when china cant keep up, india will take over just by the age demo graphics. The US and EU are not as inviting as it was 1-2 decades ago. That talent pool helped bring out companies like google, apple, intel, facebook etc.. It is already turning and in a decade we will see other start ups take over from the likes of the giants now, like they did from the old giants. You have to look at all the seeds that’s were planted and now sprouting wings. They are young.. Wait til they grow up. Russia is moving now to attract talent as they had a large pool of ex-soviet scientists to draw from before so it was not a necessity before but it is now.
I’m,surprised at David George’s reaction to this crosstalk..I really liked it. It is a bit repetitive, they are all saying that in the long run this downturn is good for Russia, But who’s in a hurry ? How can you expect anything else but years of change in a country ? What takes minutes to change in a single human life, takes decades in a country’s life.
I wish I had the prospects Russia has…I mean look at the people running Russia ? How could it get any better really ? Putin listens to Glazneyv but there are many things to consider, not just money….there are basically war fronts in two places…and money has to serve this for now. So to do a 180 degree turn now, is just not prudent.
I feel better now, something is happening, the Russian Air Force is going into Syria and President Putin is meeting on the economy, I guess he just needed some rest after his trip!