Ukrainian War Developments
- Thread starter james smith esq
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asif iqbal
Lieutenant General
This is a perfect example on how not to fight a war
Russian intelligence was wrong about going to be seen as liberators instead Face nonstop insurgency
did anyone in the Russian intelligence services not ask the question what happens if we face on insurgency?
Secondly the Russians did not attack with enough troops
3rd he did not cut off the weapons coming in from West Ukraine
Russian intelligence was wrong about going to be seen as liberators instead Face nonstop insurgency
did anyone in the Russian intelligence services not ask the question what happens if we face on insurgency?
Secondly the Russians did not attack with enough troops
3rd he did not cut off the weapons coming in from West Ukraine
Call the Chechen, it will be the same fate...
More Kadyrov... what a legend.
Ukraine is asking the West to give it Russia's reserves.. Could that happen?
Let's discuss it from a technical point of view.
There are no piles of banknotes in the safes. The foreign exchange reserves of the countries of the world are virtual, that is, they are just numbers on the computer screens of the banks of the United States of America or the European Union. These numbers do not need to be guarded, and they cannot be stolen or moved from one place to another.
Technically, the owners of these computers, ie the governments of the United States of America, the European Union, Japan and other countries with reserve currencies, can add any amount to their account or erase a few zeros from the account of any other country. They shouldn't, because it would destroy the currency's credibility, which is the prerequisite for the existence of modern currencies. That is, countries, companies or persons must make sure when they sell raw materials or goods and other tangible goods that they receive from the partner in the transaction an amount in this currency that retains the value and will not disappear or decline after a day or a year.
That is, money must retain its value, that is the basic and main condition for the existence of any currency. Even if you are the USA, you cannot simply add a certain number of zeros to your account in your currency.
However, that is exactly what the West is doing now!
They've actually been doing this for several decades, especially after 2008 under what's called quantitative easing (QE), where the central banks of these countries simply add zeros to their commercial bank accounts with the push of a button, write them down as their loan, and then that money starts spreading all over the place. All parts of the economy, in the form of loans to businesses and families, increase demand, stimulate the economy, and inflate stock exchange bubbles...
Over time, these measures ensure the destruction of any currency.
That is why, by the way, gold has been used as money for centuries, because it cannot be printed and zeroes cannot be added on the account. The dollar became the world's currency because it was tied to gold, but in 1971 this link was abolished.
And with every passing year, central banks in the West were writing more money for themselves. They make it out of nowhere, add zeros to their accounts, and use them to buy real material goods from third countries, from us and from you.
But, after the confiscation of Russian reserves, the Western currency system completely lost its credibility, and thus lost its functions. Now, that you have sold your commodity in dollars, euros, yen or sterling, you can no longer keep its value in these currencies, at any time they can remove all zeros from your account in any Western bank, and turn a billion dollars into one dollar, there are no more rules, only chaos and a complete absence of law.
Therefore, the USA cannot send the confiscated Russian reserves to Ukraine. Or rather, they could, but it wouldn't be the Russian reserves, the USA and Europe would simply write a few zeros on Ukraine's accounts, and they could write any amounts less than or more than the value of the Russian reserves. At the same time, they can chose to erase whatever zeros they want in front of the Russian account numbers, or they can chose not to erase them. In other words there is no relationship between the deduction of Russian reserves and the addition of Ukrainian accounts, the West can do all this with the click of a button. The rule that money can't come out of nowhere, or disappear out of nowhere in the Western financial system, no longer applies.
This rule was abolished the moment Russian reserves were confiscated.
That is why Ukraine's request to the West to transfer frozen Russian reserves to Kyiv appears to be merely a request for money. This request has nothing to do with Russian reserves.
I don't know whether the West will give Ukraine anything or not, as the West can, for propaganda purposes, pretend to hand over Russian reserves to Ukraine. But whether those Russian reserves exist or not does not matter, they can simply write a relatively small amount on Ukraine's account. But I don't think they will give Ukraine much. Feeding Ukraine is not in the plans of the West.
One way or another, the dollar, the euro, the pound sterling or the yen is no longer money in the classic sense of the word. The ability to use that money depends on the mood and attitude towards you in Western capitals, and I think that the huge Chinese reserves, and perhaps the reserves of the Gulf states, will also disappear after a while.
By the way, the US Federal Reserve knows all the serial numbers of dollar banknotes, which it sends to different countries to give to banks, companies and the public. Washington can, at any time, declare all banknotes bearing a certain series of numbers invalid.
The recent use of the dollar as a weapon is the last stage before the collapse of the dollar system, and soon this system will cease to exist.
Let's discuss it from a technical point of view.
There are no piles of banknotes in the safes. The foreign exchange reserves of the countries of the world are virtual, that is, they are just numbers on the computer screens of the banks of the United States of America or the European Union. These numbers do not need to be guarded, and they cannot be stolen or moved from one place to another.
Technically, the owners of these computers, ie the governments of the United States of America, the European Union, Japan and other countries with reserve currencies, can add any amount to their account or erase a few zeros from the account of any other country. They shouldn't, because it would destroy the currency's credibility, which is the prerequisite for the existence of modern currencies. That is, countries, companies or persons must make sure when they sell raw materials or goods and other tangible goods that they receive from the partner in the transaction an amount in this currency that retains the value and will not disappear or decline after a day or a year.
That is, money must retain its value, that is the basic and main condition for the existence of any currency. Even if you are the USA, you cannot simply add a certain number of zeros to your account in your currency.
However, that is exactly what the West is doing now!
They've actually been doing this for several decades, especially after 2008 under what's called quantitative easing (QE), where the central banks of these countries simply add zeros to their commercial bank accounts with the push of a button, write them down as their loan, and then that money starts spreading all over the place. All parts of the economy, in the form of loans to businesses and families, increase demand, stimulate the economy, and inflate stock exchange bubbles...
Over time, these measures ensure the destruction of any currency.
That is why, by the way, gold has been used as money for centuries, because it cannot be printed and zeroes cannot be added on the account. The dollar became the world's currency because it was tied to gold, but in 1971 this link was abolished.
And with every passing year, central banks in the West were writing more money for themselves. They make it out of nowhere, add zeros to their accounts, and use them to buy real material goods from third countries, from us and from you.
But, after the confiscation of Russian reserves, the Western currency system completely lost its credibility, and thus lost its functions. Now, that you have sold your commodity in dollars, euros, yen or sterling, you can no longer keep its value in these currencies, at any time they can remove all zeros from your account in any Western bank, and turn a billion dollars into one dollar, there are no more rules, only chaos and a complete absence of law.
Therefore, the USA cannot send the confiscated Russian reserves to Ukraine. Or rather, they could, but it wouldn't be the Russian reserves, the USA and Europe would simply write a few zeros on Ukraine's accounts, and they could write any amounts less than or more than the value of the Russian reserves. At the same time, they can chose to erase whatever zeros they want in front of the Russian account numbers, or they can chose not to erase them. In other words there is no relationship between the deduction of Russian reserves and the addition of Ukrainian accounts, the West can do all this with the click of a button. The rule that money can't come out of nowhere, or disappear out of nowhere in the Western financial system, no longer applies.
This rule was abolished the moment Russian reserves were confiscated.
That is why Ukraine's request to the West to transfer frozen Russian reserves to Kyiv appears to be merely a request for money. This request has nothing to do with Russian reserves.
I don't know whether the West will give Ukraine anything or not, as the West can, for propaganda purposes, pretend to hand over Russian reserves to Ukraine. But whether those Russian reserves exist or not does not matter, they can simply write a relatively small amount on Ukraine's account. But I don't think they will give Ukraine much. Feeding Ukraine is not in the plans of the West.
One way or another, the dollar, the euro, the pound sterling or the yen is no longer money in the classic sense of the word. The ability to use that money depends on the mood and attitude towards you in Western capitals, and I think that the huge Chinese reserves, and perhaps the reserves of the Gulf states, will also disappear after a while.
By the way, the US Federal Reserve knows all the serial numbers of dollar banknotes, which it sends to different countries to give to banks, companies and the public. Washington can, at any time, declare all banknotes bearing a certain series of numbers invalid.
The recent use of the dollar as a weapon is the last stage before the collapse of the dollar system, and soon this system will cease to exist.
No for two reasons. Regrouping of troops take time. Second the weather this week in eastern Ukraine is heavy thunderstorms. Which means There won’t be major action happening after Mauripol falls. Likely a week after Mauripol falls is when the offensive begins.
Apparently the Russia-Ukraine talks in Istanbul have ended.
The below would be a loss for Russia if true
The below would be a loss for Russia if true
Free to join EU ? The Euro will fall if they join... they are wrecked. Ukraine is more a liability than an asset...
Disagree. EU has declared total economic war against Russia and you say that it poses no threat to Russia?
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