An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Saturday, July 30, 2022
Izabella Kaminska and Yves Will Discuss the Economy and More with Gonzalo Lira at 8 AM Eastern Today — Yves Smith
Tom, per Lambert's 7/30 links https://foreignpolicy.com/2022/07/22/russia-economy-sanctions-myths-ruble-business/ Pretty much the polar opposite of Reminiscent or the Saker.
Yes, and notice that it is in Foreign Policy, the mouth piece of the the Council on Foreign Relations. It's what they would be expected to say, given that the US narrative is that Russia is collapsing economically and that attrition of Russian military assets is astronomical and they are running out of troops and ammo.
I don't put that stuff up here since it is all over the Western mainstream media. I put up stuff that is not found there, much of which contradicts the conventional narrative.
We'll have to wait to see who's proven right as events develop.
Tom, per Lambert's 7/30 links
ReplyDeletehttps://foreignpolicy.com/2022/07/22/russia-economy-sanctions-myths-ruble-business/
Pretty much the polar opposite of Reminiscent or the Saker.
Yes, and notice that it is in Foreign Policy, the mouth piece of the the Council on Foreign Relations. It's what they would be expected to say, given that the US narrative is that Russia is collapsing economically and that attrition of Russian military assets is astronomical and they are running out of troops and ammo.
ReplyDeleteI don't put that stuff up here since it is all over the Western mainstream media. I put up stuff that is not found there, much of which contradicts the conventional narrative.
We'll have to wait to see who's proven right as events develop.
The authors write: "Russia needs world markets far more than the world needs Russian supplies"
ReplyDeleteThis is ludicrous. Why? To acquire foreign exchange? Meanwhile, the Russian people have a bounty of cheap energy. Russia is an autarky.
These people are idiots.
Thank you Mike
ReplyDelete