iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,428 Blog Posts

The West is Losing the War

The fact of the matter is, the west is losing the war against Russia. The only thing going for the west is Ukrainians are the one’s dying for their causes. This fight, it seems, is accelerating and Russia has home turf. Since the war began, Russia made some high risk gambits in an attempt to decapitate Kiev and end the war quickly. Seeing the Ukrainians offered maximum resistance, Russia has now resorted to a much more methodical war plan, one that includes the use of heavy artillery and air assets. In response, the west — mainly US, Germany, UK, and Poland has been piling weapons into Ukraine and this is fine for Russians — since they’ve all but accepted the fact they’re at war with all of NATO. The only thing stopping all out war now is Putin’s patience in allowing shipments of weapons delivered to Kiev to kill Russians.

The west’s main bargaining chip was to “reduce the Ruble to Rubble” by applying sanctions.

Biden is a god damned idiot and everyone following him into this cauldron is a god damned idiot. The sanctions, thus far, have failed.

The dollar has COLLAPSED against the Ruble in recent months, due to the newly founded utility of Rubles, in regards to Putin’s Rubles for gas schemes, soon to expand into other areas of Russian exports. The Ruble is the most formidable currency in the world, after the dollar — in my opinion.

The NASDAQ closed down nearly 16% for April alone. We got a major surprise with a -1.4% GDP number and everywhere you look in the west is runaway inflation. In the war, we hear nothing about Ukrainian casualties, just annoying propaganda videos made to convince people on Twitter the west is winning. Meanwhile, Mariupol fell and the Donbas is getting worse and worse for Ukraine and the war is being waged on Russia’s terms, not the other way around.

Think about how markets will respond if Russia ever takes Kiev and then Lyviv. Think about what that might mean for the Ukraine- Polish border and how tensions might build as Russian forces pile into the borders of NATO.

NOT GOOD.

So how are we winning? What are we gaining, aside from another $50 billion in aid to Ukraine — likely to be wasted and stolen by their corrupt government.

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15 comments

  1. 'merica

    Russia will be stop their operation when they have achieved their goals. What are those goals, you ask? Well, it’s whatever they are allowed by the west to accomplish. I wish I could go about life just stating that I’ve accomplished all my goals after the fact, lol.

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  2. 'merica

    Lol, well shit I’m typing like a moron on this phone

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  3. 'merica

    Lol, well shit I’m typing like a moron on this phone

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  4. 'merica

    It’s amateur hour over here

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  5. roguewave

    Ukraine was and still is one of the most corrupt countries in the world.
    Sources state that Zelinsky has personally amassed $850M in foreign accounts in the last 2 months. I don’t think he is likely to shut off the spigots willingly.

    ‘Aid’ squandered in U has been 1/3 of their entire GDP to date.

    Putin has explicitly stated the goals numerous times in the last few months. One being that U would not join NATO.
    Our VP on a European visit (one day before the “war”) stated publicly that U should join NATO (in violation of a treaty they signed) The “war” began the next day.

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    • roguewave

      Expect a flood of comedians into politics. Easy money for telling jokes.

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    • traderconfessions
      traderconfessions

      Sources state … mind disclosing these sources? I’m sure they are top-notch accurate.

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  6. roguewave

    Since 2000 US IQ’s have dropped by over 7 points.

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  7. bhupi

    The dollor $$$ over the last few months has increase by 20%, the most in 20 years. What the Fuk are you gripping about again? Fucked Face

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  8. helen

    Yes, let’s ‘project’ all ill into liberals:
    https://twitter.com/IAmPoliticsGirl/status/1520162318050496512

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  9. j

    Fly, Long time no posting, but read your comments everyday.

    Unless I’m missing something, the Rubble is now a currency fixed by the Russian central bank having exchange controls and sanctions up the wazoo. This means the Kremlin can set the exchange rate pretty much anywhere it wants. I don’t believe that the rate reflects the true rate in terms of where it belongs.

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    • metalleg

      I don’t think they pegged the ruble to anything but gold. It’s free floating against all other currencies. It’s strengthening against these currencies because of demand for the ruble is up due to Russia’s requirement that it be used for energy purchases.

      The dollar strength against other currencies just means that it’s the least dirty shirt.

      Eventually, all fiat currencies will collapse, including the USD. Russia is preparing for this eventuality by pegging the ruble to gold and/or backing with gold.

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  10. ho_chi_min

    Prepare for WW3 if you really think they are taking kyiv or lviv or even coming close

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  11. Cricket

    The USA and Russia are playing cat-and-mouse. Ukraine is the mouse.

    With time, Russia will acquire the more valuable, resource rich, territory of Ukraine as Ukraine is split into two or more regions. I don’t see any way this can be stopped other than invoking MAD.

    So the west has confiscated something like $300 billion in Russian foreign reserves. Has the appreciation of Ruble/payment for exports in Rubles offset these losses? Probably has or will do so. Also the resources contained in the region of Ukraine to be acquired by Russia are far in excess of $300 billion. We are talking about $trillions. Huge reserves of coal, oil, gas, iron, manganese, titanium …

    Meanwhile, the West ships arms to Ukraine and Russia simply captures or destroys them. Good business for the arms dealers.

    Michael Hudson reckons this is the start of a 30 year war that will end with an integrated Eurasian economy. No wonder this unfolding Orwellian nightmare now includes Biden’s new Ministry of Truth, with Biden and his administration playing the part of Orwell’s big brother.

    Decoupling between China the USA and Russia and the USA has already begun. Obviously the longer term outcome will be closer integration of Russia and China. The danger of Eurasian integration to USA hegemony was the late Zbigniew Brzezinski’s main concern; he wrote of the coming danger in his 1997 book “The Grand Chessboard”. I suspect this is a primary reason the US occupied Afghanistan.

    Buckle up, this is going to be a wild ride. Very sad to see the USA squandering almost everything in the process. There is no leadership anywhere in the west.

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