Russian invasion of Ukraine

[metalblue]

I'm not for a minute suggesting that. The best the rubel can probably hope for is a bit of life support from the silly energy dependency of the Germans. My initial point was that even a decent dent in the global supremacy of the dollar may be enough to tip the scales in favour of a more robust military response to Russia from the west. There will be others on here more knowledgeable than me that can tell us if this added to the other challenges the dollar is facing amount to a real threat.

What would you replace the USD with? It’s the globally accepted currency because of its stability and its political institutions and theories are closely aligned with all the countries who make up the vast majority of the global economy. It used to be Sterling but then we wasted a 100+ years of wealth fighting two world wars which kind of fucked us - Russia is starting from a much lower point, they were just about surviving, barely over a month in and they are fucked and the rest of the world won’t care because they are immaterial in the global economic sense.

The only other possible player in town to the USD is CNY and the Chinese have shown themselves to be an unreliable partner to western ideals, the Chinese institutions aren’t aligned to a free market economy. They can increase their influence regionally - which they are trying to do - and what is bothering the US so much. China’s balance of payments mean it can bribe its way into influence whereas the US economy doesn’t allow it to bring Trojan horses so it needs to use its power in a more coercive way to those countries China is looking to court away from the US sphere. This makes the US the baddie in the eyes of many, strange world really.

 

[feedmpenzaandhewillscore]

This is of particular significance as the attack represents the first time Ukraine's forces have crossed the border for an airstrike in Russia since the conflict began - and will be widely seen as a humiliation for Moscow.

some have even suggested this attack could be the first airstrike on Russian territory since the Second World War

Cut off their supply lines if they don’t have fuel to put in their tanks and vehicles it makes it more difficult to get it out to the front line. I bet the Russians will ironically be calling this an outrage.

 

[Centurions]

The B52 is nuclear capable and each plane can carry around 32 cruise missiles.

20 by all accounts, and yes I had to Google it. I was actually trying to find out what the big bugger was in the picture of the B52 with all of it's possible armaments in front of it. It's a rotating deployment system which fits in the bomb bay and is very clever but equally terrifying.

 

[DrBlueBob]

Bang on mate.

My lithium prescription has expired so excuse me if I say something irrational.

But bang fucking on! You've nailed it!

The secret cabal in control of Biden and Putin have obviously arranged this war to facilitate a "depopulation event" and "global reset"... or something... whatever... sounds good! Pretty much agreeing with this because "depopulation" sounds cool! - got to be true if it sounds cool, right!

And Goddamn - I'm no sheep! I'm a fucking Ram. Free to explore all possibilities.

By the way I'm an Aries. The Ram sign! You too?

Private message me please - I have details of the alien invasion ongoing right now, along with secret government emails regarding area 51!!!

You fool! You've already said too much, flee while you can. :-)

 

[west didsblue]

I’m also not likely to get my economic news from that twunt. The US dollar in peril? What unmitigated gusset dirge.

Dunno. I’ve heard my local corner shop is going to insist on payment in Rupees. I’m worried about the effect on the pound.

 

[AlgarveBlu]

What would you replace the USD with? It’s the globally accepted currency because of its stability and its political institutions and theories are closely aligned with all the countries who make up the vast majority of the global economy. It used to be Sterling but then we wasted a 100+ years of wealth fighting two world wars which kind of fucked us - Russia is starting from a much lower point, they were just about surviving, barely over a month in and they are fucked and the rest of the world won’t care because they are immaterial in the global economic sense.

The only other possible player in town to the USD is CNY and the Chinese have shown themselves to be an unreliable partner to western ideals, the Chinese institutions aren’t aligned to a free market economy. They can increase their influence regionally - which they are trying to do - and what is bothering the US so much. China’s balance of payments mean it can bribe its way into influence whereas the US economy doesn’t allow it to bring Trojan horses so it needs to use its power in a more coercive way to those countries China is looking to court away from the US sphere. This makes the US the baddie in the eyes of many, strange world really.

The Bretton Woods agreement is the origins of why the USD became the global reserve currency after the decoupling from the Gold standard. Of course the yanks have leveraged heavily on this fact for geo political advantages (especially in their back yard in central and S.A.). The Chinese would totally weaponise their position if they manged to supersede the USD (Can't see it) and it would be a global disaster having an autocracy dictating global macro economic events.

 

[crazyg]

War porn, yawn yawn.

Sorry to have woken you up. You can go back to sleep now.

 

[crazyg]

I have been hearing about this "New World Order" for about 30 years now. When is it going to arrive?

Just as soon as they find someone to release Pogba (well, it is a football forum).

 

[Kippaxpete]

You know someone is a complete and utter fucking crackpot as soon as they start banging on about people being “sheep”.

Absolute nailed on certainty.

Random words capitalised where they shouldn’t be is another red flag. It’s like Donald Trump’s Twitter feed this. The ramblings of a paranoid idiot.

...and posters who are too stupid to understand the difference between 'there', 'their' and 'they're'!

 

[andyhinch]

...and posters who are too stupid to understand the difference between 'there', 'their' and 'they're'!

Yeah, there really thick.