How Russia Will Counterpunch the U.S./EU Declaration of Warfare

One of many key underlying themes of the Russia/Ukraine/NATO matrix is that the Empire of…

One of many key underlying themes of the Russia/Ukraine/NATO matrix is that the Empire of Lies (copyright Putin) has been rattled to the core by the mixed potential of Russian hypersonic missiles and a defensive protect able to blocking incoming nuclear missiles from the West, thereby ending Mutually Assured Destruction (M.A.D.)

This has led the People to almost threat a sizzling warfare to have the ability to place hypersonic missiles that they nonetheless don’t have on Ukraine’s western borders, and so be inside three minutes of Moscow. For that, in fact, they want Ukraine, in addition to Poland and Romania in Jap Europe.

In Ukraine, the People are decided to combat to the final European soul – if that’s what it takes. This can be the final roll of the (nuclear) cube. Thus the next-to-last gasp at coercing Russia into submission by utilizing the remaining, workable American weapon of mass destruction: SWIFT.

But this weapon might be simply neutralized by fast adoption of self-sufficiency.

With important enter by the inestimable Michael Hudson I’ve outlined potentialities for Russia to climate the sanction storm. That didn’t even contemplate the total extent of Russia’s “black field protection” – and counter-attack – as outlined by John Helmer in his introduction to an essay that heralds no much less then The Return of Sergei Glaziev.

Glaziev, predictably detested throughout Atlanticist circles, was a key financial adviser to President Putin and is now the Minister for Integration and Macroeconomics of the Eurasia Financial Union (EAEU). He has at all times been a fierce critic of the Russian Central Financial institution and the oligarch gang intently linked to Anglo-American finance.

His newest essay, Sanctions and Sovereignty, initially printed by skilled.ru and translated by Helmer, deserves critical scrutiny.

This is likely one of the key takeaways:

“Russian losses of potential GDP, since 2014, quantity to about 50 trillion rubles. However solely 10% of them might be defined by sanctions, whereas 80% of them had been the results of financial coverage. The US advantages from anti-Russian sanctions, changing the export of Russian hydrocarbons to the EU in addition to China; changing the import of European items by Russia. We may utterly offset the unfavorable penalties of monetary sanctions if the Financial institution of Russia fulfilled its constitutional obligation to make sure a secure ruble alternate fee, and never the suggestions of Washington monetary organizations.”

De-offshore or bust

Glaziev basically recommends:

– A “actual de-offshorization of the financial system”.

– “Measures to tighten forex regulation with the intention to cease the export of capital and develop focused lending to enterprises in want of financing investments”.

– “Taxation of forex hypothesis and transactions in {dollars} and euros on the home market”.

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– “Critical funding in R&D with the intention to speed up the event of our personal technological base within the areas affected by sanctions – initially the protection trade, power, transport and communications.”

And final however not least, “the de-dollarization of our overseas alternate reserves, changing the greenback, euro and pound with gold.”

The Russian Central Financial institution appears to be listening. Most of those measures are already in place. And there are indicators that Putin and the federal government are lastly able to seize the Russian oligarchy by the balls and pressure them to share dangers and losses at an especially troublesome for the nation. Goodbye to stockpiling funds taken out of Russia offshore and in Londongrad.

Glaziev is the actual deal. In December 2014 I used to be at a convention in Rome, and Glaziev joined us on the cellphone. Reviewing a subsequent column I wrote on the time, between Rome and Beijing, I used to be surprised: it’s as if Glaziev was saying these items actually as we speak.

Permit me to cite two paragraphs:

“On the symposium, held in a divinely frescoed former fifteenth century Dominican refectory now a part of the Italian parliament’s library, Sergey Glaziev, on the cellphone from Moscow, gave a stark studying of Chilly Warfare 2.0. There’s no actual “authorities” in Kiev; the U.S. ambassador is in cost. An anti-Russia doctrine has been hatched in Washington to foment warfare in Europe – and European politicians are its collaborators. Washington desires a warfare in Europe as a result of it’s shedding the competitors with China.”

“Glaziev addressed the sanctions dementia: Russia is making an attempt concurrently to reorganize the politics of the Worldwide Financial Fund, combat capital flight and decrease the impact of banks closing credit score strains for a lot of businessmen. But the top results of sanctions, he says, is that Europe would be the final losers economically; paperwork in Europe has misplaced financial focus as American geopoliticians have taken over.”

Gotta pay the “tax on independence”

A consensus appears to be rising in Moscow that the Russian financial system will stabilize shortly, as there can be a scarcity of personnel for trade and a variety of additional arms can be required. Therefore no unemployment. There could also be shortages, however no inflation. Gross sales of – Western – luxurious items have already been curtailed. Imported merchandise can be positioned beneath worth controls. All the mandatory rubles can be obtainable although worth controls – as occurred within the U.S. in WWII.

A wave of nationalization of belongings could also be forward. ExxonMobil introduced it is going to withdraw from the $4 billion Sakhalin-1 venture (that they had bailed out on Sakhalin-2, deemed too costly), producing 200,000 barrels of oil a day, after BP and Norway’s Equinor introduced they had been withdrawing from tasks with Rosneft. BP was really dreaming of taking all of Rosneft’s participation.

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Based on Prime Minister Mikhail Mishustin, the Kremlin is now blocking asset gross sales by overseas buyers trying to divest. In parallel, Rosneft, for example, is certain to lift capital from China and India, who’re already minority buyers in a number of tasks, and purchase them out 100%: a wonderful alternative for Russian enterprise.

What may very well be construed because the Mom of All Counter-Sanctions has not but been introduced. Deputy Chairman of the Safety Council Dmitry Medvedev himself hinted all choices are on the desk.

Overseas Minister Sergey Lavrov, channeling the persistence of 10,000 Taoist monks, nonetheless anticipating the present hysteria to fade away, describes the sanctions as “some sort of a tax on independence”,

with nations barring their firms from working in Russia beneath “big strain.”

Deadly counterpunches although aren’t excluded. Aside from utterly de-dollarizing – as Glaviev recommends – Russia might ban the export of titanium, uncommon earth, nuclear gasoline and, already in impact, rocket engines.

Very poisonous strikes would come with seizing all overseas belongings of hostile nations; freeze all mortgage repayments to Western banks and place the funds in a frozen account in a Russian financial institution; utterly ban all hostile overseas media, overseas media possession, assorted NGOs and CIA fronts; and provide pleasant nations with state-of-the-art weapons, intel sharing and joint coaching and workouts.

What’s sure is {that a} new structure of fee methods – as mentioned by Michael Hudson and others – uniting the Russian SPFS and the Chinese language CHIPS, might quickly be supplied to scores of countries throughout Eurasia and the World South – a number of amongst them already beneath sanctions, resembling Iran, Venezuela, Cuba, Nicaragua, Bolivia, Syria, Iraq, Lebanon, the DPRK.

Slowly however absolutely, we’re already on the way in which to the emergence of a sizeable World South bloc proof against American monetary warfare.

The RIC in BRICS – Russia, India and China – are already rising commerce in their very own currencies. If we have a look at the record of countries on the UN that voted towards Russia or abstained from condemning Operation Z in Ukraine, plus people who didn’t sanction Russia, we’ve got a minimum of 70% of the entire World South.

So as soon as once more is the West – plus satrapies/colonies resembling Japan and Singapore in Asia – towards the Relaxation: Eurasia, Southeast Asia, Africa, Latin America.

The approaching European collapse

Michael Hudson informed me, “the U.S. and Western Europe anticipated a Froelicher Krieg (“glad warfare”). Germany and different nations haven’t begun to really feel the ache of gasoline and mineral and meals deprivation. THAT’S going to be the actual recreation. The goal can be to interrupt Europe away from U.S. management by way of NATO. This can contain “meddling” by making a New World Order political motion and celebration, like Communism was a century in the past. You could possibly name it a brand new Nice Awakening.”

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A potential Nice Awakening actually is not going to contain the NATOstan sphere anytime quickly. The collective West is somewhat in critical Nice Decoupling mode, its complete financial system weaponized with the goal, expressed within the open, of destroying Russia and even – the perennial moist dream – upsetting regime change.

Sergey Naryshkin, the pinnacle of the SVR, succinctly described it:

“Masks have dropped. The West is not only making an attempt to surround Russia with a brand new ‘Iron Curtain’. We’re speaking about makes an attempt to destroy our state – its ‘abolition’, as it’s now customary to say within the ‘tolerant’ liberal-fascist surroundings. Since the USA and its allies have neither the chance nor the spirit to attempt to do that in an open and sincere military-political confrontation, sneaky makes an attempt are being made to determine an financial, informational and humanitarian “blockade”’.

Arguably the apex of Western hysteria is the onset of a 2022 Neo-Nazi Jihad: a 20,000-strong mercenary military being assembled in Poland beneath CIA supervision. The majority comes from personal navy firms resembling Blackwater/Academi and DynCorp. Their cowl: “return of Ukrainians from the French Overseas Legion.” This Afghan remix comes straight from the one playbook the CIA is aware of.

Again in actuality, information on the bottom will ultimately lead complete economies within the West to turn out to be roadkill – with chaos within the commodities sphere resulting in skyrocketing power and meals prices. For example, as much as 60% of German and 70% of Italian manufacturing industries could also be compelled to close down for good – with catastrophic social penalties.

The unelected, uber-Kafkaesque EU machine in Brussels has chosen to commit a triple hara-kiri by grandstanding as abject vassals of the Empire, destroying any remaining French and German sovereignty impulses and imposing alienation from Russia-China.

In the meantime, Russia can be exhibiting the way in which: solely self-sufficiency affords complete independence. And the Huge Image has additionally been keenly understood by the World South: in the future somebody needed to rise up and say, “That’s Sufficient”. With most uncooked energy to again it up.

Pepe Escobar is correspondent-at-large at Asia Instances. His newest e book is 2030