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Gonzalo Lira: Russian Default Hurts The West—Not Russia

15277 Views June 29, 2022 Speeches, Statements and Interviews amarynth

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  • Gonzalo Lira II

20 Comments

  1. Trumpeter on June 29, 2022  ·  at 8:01 am EST/EDT

    The safest way to reduce America’s ability to keep doing this…crush the European economy. When Europe’s banks start failing so will ours.

    • John Kirsch on June 29, 2022  ·  at 1:09 pm EST/EDT

      IMO, Lira’s subtext is that the West will have no choice but to use nuclear weapons. What other option will it have if it can’t win a conventional war with Russia and/or China and this conflict really is for “all the marbles”? as he says.
      In my entire life I’ve never felt a deeper sense of fear and foreboding.

      • Montmorency on June 29, 2022  ·  at 2:20 pm EST/EDT

        If there’s a war between Nato and Russia it’ll start conventionally.
        I’m sure the Russian forces will quickly reach Warsaw and Berlin. Then maybe, just maybe Europe finally wakes up and a new era begins.
        Or someone pushes a red button.
        We’ll soon find out.

        • Exile on June 29, 2022  ·  at 2:50 pm EST/EDT

          The already is a NATO war. There are thousands of NATO troops engaged in the Ukraine conflict

          • FHTEX on June 29, 2022  ·  at 8:41 pm EST/EDT

            And getting slaughtered.

      • Jimmy Flies By on June 29, 2022  ·  at 6:37 pm EST/EDT

        You mean in lieu of honest business competition? The US and the West Pests make it all out to resemble war when the truth that won’t stop kicking them in the teeth is that they can NOT honestly compete with people around the planet they consider “bloody wogs”, the socially inferior, the savage, the imbecile, and the marks. The people you rob, you just can’t respect.

        • Ben Sampson on June 29, 2022  ·  at 8:04 pm EST/EDT

          Europe, USA, Wests pests are global criminals since 1492. They have committed vast crimes for which they must pay! What goes around…..

          What comes around is that the world evolves stimulated by what people must do to live every single minute of every single day. That destabilizes everything, always, leaves nothing stable, unchanging, leaving no balance sacred and permanent.

          Thats a law of existence no oligarch is happy with, that he tries to change always, to maintain an eqilibrium that leaves him an oligarch forever. He is catergorically unwilling to pay for his crimes but that is unavoidable. We all must pay in one way or another at some point.

          The only way the oligarch can avoid payment for his crimes is if he suceeds in building a dysfunctional world… but that wont work either. For humanity to survive indefinitely we must meet the challenges of nature successfully as we go, and those challenges are vast, complex, developing as we go, out of the expanding conditions of nature that we do our part to create as we try to live… by any and all ideological perspective and direction.
          For Humanity to survive indefinitely, battling in nature, with nature, requires a smart, fit, functional, educated, healthy, expanding in all essential ways, developing properly-evolving, human population of the planet. What the Khazars have in mind wont work…is actually suicide really

          No matter how comprehensivley sophisticated we become for eg., we still cannot know all the possibilities and therefore potential that exists in nature on Earth and Earth in nature as a whole, that can and will manifest and in every and all cases, what we can and/or may be able to do in survival response.

          And here we are making it worse by the west locking down humanity- the Khazarian capitalist leading that effort by seeking to kill off a big part of the 99%, restricting human development to the 1%… which could never be enough to give humanity an indefinite chance in nature. Machines can think now I understand! They have made at least one robot that is a sentient thinker, independent and subjective of mind. Maybe such a mind could prove inexhastible. But will in time have use for humans?

          Michael Hudson explains the stage above, interviewed by Ben Norton. Capitalism has exhasuted its ‘positive’ evolutionary potential and for the capitalist class to maintian itself it must make a dysfunctional world. That is why the bombs may be about to fly…there is no way capitalism/the capitalist class/oligarchs can be maintained for much longer – absolutely none!

          Orwell and Huxley had their ideas but none such can actually be created and work indefintely I dont think. The only chance we, humanity, actually have, is to try to build the most progressive response we discover to what nature demands of us to survive…that we manage to detect and figure out way(s) to respond to successfully. Enough with this western capitalist limitation. Capitalism, Westernism and its lying cultural degradation has run its course, on its way out, it’s time like in all cases running out

    • joey_n on June 29, 2022  ·  at 3:51 pm EST/EDT

      Assuming that the USA’s economy is dependent on the European one… how exactly? Is the European economy not based on the US dollar as with any other Western nation’s? Wouldn’t crushing the American economy be sufficient by itself?

      • FHTEX on June 29, 2022  ·  at 8:44 pm EST/EDT

        Europe is the only large economic region where the U.S. has a trading advantage over China–an increasingly smaller one at that. Without Europe, who is the U.S. going to sell to?

  2. John Stone on June 29, 2022  ·  at 8:34 am EST/EDT

    Setting aside the military stuff, the economic stuff is turning out so good for Russia because the exports are for things for which there is no ready substitute, and China has Russia’s back. If that combination can draw in a few more countries, and apparently they can, they can very likely also ignore dollar hegemony whether or not they set up a strong alternative system.

    I take it as a given that in most things the market price of a thing is the best estimate of value. The interest rate of a bond issue is, effectively, its market price.

    And unless there is a good, solid reason for thinking the ratings for a bond issue are wrong, it is a mistake to think they are off. The higher interest rate is a discount on price, and Russian bonds get a higher interest rate (lower price) owing to political risk.

    There doesn’t seem to be a time series chart around for the interest paid for Russian bonds. If there was the effect of the default would turn up in a shift in interest rate return or marketability. If it had happened I suppose we would be told. Than again, given that Russia is currently running a trade surplus, perhaps they are not selling bonds currently.

  3. WTFUD on June 29, 2022  ·  at 10:20 am EST/EDT

    Is this any different to losing by 4 goals to nil at half-time in a football match with the losing team refusing to come out for the 2nd half?

    If the Authorities/Association don’t award the winning team with 3 points and an 8 goal difference ( double half-time score ) then it’s game over for the Association.

    If they/association don’t punish the team defaulting on the match, then other teams in the future who are in a losing position will copy. Fact is, the Association have Rules in place to cover this and other infringements of their rules.

    The Association in this instance are the American & European Banks. They are breaking their own rules & guidelines,

    Which Sovereign country/Private investor watching on would wish to participate in such a corrupt fragile system, not knowing if rules and regulations will be adhered to and their investments protected?

  4. Juan on June 29, 2022  ·  at 10:26 am EST/EDT

    Gracias Gonzalo por tus analisis. Clear picture mate !! Cuidate y sigue firme. 🤗

  5. Emmett Pierce on June 29, 2022  ·  at 10:50 am EST/EDT

    Thank you Gonzalo and stay safe a move is on to take the city..

    • Emmett Pierce on June 29, 2022  ·  at 2:54 pm EST/EDT

      MILITARY SITUATION IN THE KHARKIV REGION, UKRAINE ON JUNE 29, 2022 (MAP UPDATE)
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      Military Situation In The Kharkiv Region, Ukraine On June 29, 2022 (Map Update)
      Click to see the full-size image
      Russian artillery destroyed up to 100 militants of the Nazi Kraken formation and about 10 units of military equipment near Pitomnik. The AFU were forced to leave their positions and withdraw to Kharkiv;
      The Russian Aerospace Forces destroyed four Ukrainian control points, including the territorial defense battalions “Kharkiv-1” and “Kharkiv-2” in the Kharkiv region;
      The building of the Mashgidroprivod plant in Kharkiv was destroyed as a result of a Russian missile strike;
      According to preliminary reports, Russian-led forces took control of Dementievka.
      MORE ON THE TOPIC:

      Military Situation In Ukraine On June 29, 2022 (Map Update)
      In Video: Russian Offensive In Severodonetsk-Lisichansk On March 5 – June 28
      Military Situation In Eastern Ukraine On June 28, 2022 (Map Update)

      • Tomo on June 29, 2022  ·  at 5:51 pm EST/EDT

        You are going to see some real panic when Russia,LPR, DPR and Chechens take Kharkiv city. They are already freaking out over Severodonetsk-Lisichansk.

        Also winter is coming sooner then people realize. July is starting. Hopefully Russia and the locals can repair lots of homes in Maripol and areas that are no longer under Ukie control before winter.

  6. Santiago on June 29, 2022  ·  at 7:20 pm EST/EDT

    The solution to the Wests debt problem, particularly US, could be to pass laws deeming interest payments on debt to be a return of debt capital instead (with the usual per annum or qtrly etc.. interest payment being suspended or deemed void). Both Govt and private.

    This would enable the debt itself to be reduced and paid off over a few decades. Effectively turn all debt into an annuity until such time as debt levels are at a long term sustainable level.

    It may effect bank profits but it will stop the banks from becoming insolvent.

  7. yonireinon on June 30, 2022  ·  at 12:51 am EST/EDT

    I think the financila empire is purposedly enpoverish Europe in order to bring the industrial production back and therefore choke Chinas Silk road and China itself as a production hub.

  8. jerzysob on June 30, 2022  ·  at 10:29 am EST/EDT

    That what Russian does not kill German finishes off. Two civilizations come together Turanian and Byzantine. It is always will be a cash. As far as I know we are Latin. Strong Latin Poland between is a guarantee of peace in Europe.

    • Digby on June 30, 2022  ·  at 4:01 pm EST/EDT

      I wouldn’t know about it – I’ve been told of Poland’s role in the current clash between NATO and Russia.

  9. northsheep on June 30, 2022  ·  at 3:45 pm EST/EDT

    Gonzalo Lira with his Bwahahaha laugh is the perfect pundit to chronicle the incompetence of the Western intelligence establishment in recent years and the string of collapsed color revolutions and other policy disasters that ensued, culminating in the Ukraine imbroglio. The overall result of the latter has been a major setback to the global dominance goals of Western finance capital, and an acceleration of attempts to build a better alternative global economy. To use the handy handle offered by C J Hopkins, globocap is in a panic as the consequences of sanctions policies intended to destroy Russia are bringing down Western economies instead.

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