OT: Russian Scholar Says U.S. Will Collapse Next Year

[jpinpb]

[quote=SD Transplant]
But he said the recent economic turmoil in the U.S. and other “social and cultural phenomena” led him to nail down a specific timeframe for “The End” — when the United States will break up into six autonomous regions and Alaska will revert to Russian control.
[/quote]

As long as they promise to take Palin w/them. 😉

I can say as “Josie” six-pack, I won’t miss her.

On a serious note, our economy doesn’t look too good, but the economy of so many other countries around the world are much worse off than ours.

[Eugene]

[quote]They flexed their energy muscles over Europe this past winter and France, Germany and Spain started playing footsies with Putin.[/quote]

… by pledging to spend 250 million euros on an alternative gas pipeline that would bring Caspian natural gas via Turkey, completely bypassing Russia and Ukraine, not 3 weeks after Russia tried to flex its muscles.

[quote]About 2 or 3 years ago Putin told his people to start growing their own food. [/quote]

I’m not sure where you got this from. Russians have been growing their own food since Brezhnev era. That’s how many people made it through the 90’s.

[Eugene]

[quote]They flexed their energy muscles over Europe this past winter and France, Germany and Spain started playing footsies with Putin.[/quote]

… by pledging to spend 250 million euros on an alternative gas pipeline that would bring Caspian natural gas via Turkey, completely bypassing Russia and Ukraine, not 3 weeks after Russia tried to flex its muscles.

[quote]About 2 or 3 years ago Putin told his people to start growing their own food. [/quote]

I’m not sure where you got this from. Russians have been growing their own food since Brezhnev era. That’s how many people made it through the 90’s.

[Eugene]

[quote]They flexed their energy muscles over Europe this past winter and France, Germany and Spain started playing footsies with Putin.[/quote]

… by pledging to spend 250 million euros on an alternative gas pipeline that would bring Caspian natural gas via Turkey, completely bypassing Russia and Ukraine, not 3 weeks after Russia tried to flex its muscles.

[quote]About 2 or 3 years ago Putin told his people to start growing their own food. [/quote]

I’m not sure where you got this from. Russians have been growing their own food since Brezhnev era. That’s how many people made it through the 90’s.

[Eugene]

[quote]They flexed their energy muscles over Europe this past winter and France, Germany and Spain started playing footsies with Putin.[/quote]

… by pledging to spend 250 million euros on an alternative gas pipeline that would bring Caspian natural gas via Turkey, completely bypassing Russia and Ukraine, not 3 weeks after Russia tried to flex its muscles.

[quote]About 2 or 3 years ago Putin told his people to start growing their own food. [/quote]

I’m not sure where you got this from. Russians have been growing their own food since Brezhnev era. That’s how many people made it through the 90’s.

[Eugene]

[quote]They flexed their energy muscles over Europe this past winter and France, Germany and Spain started playing footsies with Putin.[/quote]

… by pledging to spend 250 million euros on an alternative gas pipeline that would bring Caspian natural gas via Turkey, completely bypassing Russia and Ukraine, not 3 weeks after Russia tried to flex its muscles.

[quote]About 2 or 3 years ago Putin told his people to start growing their own food. [/quote]

I’m not sure where you got this from. Russians have been growing their own food since Brezhnev era. That’s how many people made it through the 90’s.

[poorsaver]

I agree 99% with Panarin. I’m also 99% sure the stock market bottom is in as Doug Kass touted on the Kudlow show a couple of days ago.

[poorsaver]

I agree 99% with Panarin. I’m also 99% sure the stock market bottom is in as Doug Kass touted on the Kudlow show a couple of days ago.

[poorsaver]

I agree 99% with Panarin. I’m also 99% sure the stock market bottom is in as Doug Kass touted on the Kudlow show a couple of days ago.

[poorsaver]

I agree 99% with Panarin. I’m also 99% sure the stock market bottom is in as Doug Kass touted on the Kudlow show a couple of days ago.

[poorsaver]

I agree 99% with Panarin. I’m also 99% sure the stock market bottom is in as Doug Kass touted on the Kudlow show a couple of days ago.

[SD Transplant]

I’ve searched for Putin’s transcript from Davos, and he had a great speech (I’m not talking intentions – just the speech).

http://online.wsj.com/article/SB123317069332125243.html

A few paragraphs that caught my attention:

“The current situation is often compared to the Great Depression of the late 1920s and the early 1930s. True, there are some similarities.

However, there are also some basic differences. The crisis has affected everyone at this time of globalisation. Regardless of their political or economic system, all nations have found themselves in the same boat.

There is a certain concept, called the perfect storm, which denotes a situation when Nature’s forces converge in one point of the ocean and increase their destructive potential many times over. It appears that the present-day crisis resembles such a perfect storm.

Responsible and knowledgeable people must prepare for it. Nevertheless, it always flares up unexpectedly.

The current situation is no exception either. Although the crisis was simply hanging in the air, the majority strove to get their share of the pie, be it one dollar or a billion, and did not want to notice the rising wave.

In the last few months, virtually every speech on this subject started with criticism of the United States. But I will do nothing of the kind.

I just want to remind you that, just a year ago, American delegates speaking from this rostrum emphasised the US economy’s fundamental stability and its cloudless prospects. Today, investment banks, the pride of Wall Street, have virtually ceased to exist. In just 12 months, they have posted losses exceeding the profits they made in the last 25 years. This example alone reflects the real situation better than any criticism.

The time for enlightenment has come. We must calmly, and without gloating, assess the root causes of this situation and try to peek into the future.

In our opinion, the crisis was brought about by a combination of several factors.

The existing financial system has failed. Substandard regulation has contributed to the crisis, failing to duly heed tremendous risks.

Add to this colossal disproportions that have accumulated over the last few years. This primarily concerns disproportions between the scale of financial operations and the fundamental value of assets, as well as those between the increased burden on international loans and the sources of their collateral.”

[SD Transplant]

I’ve searched for Putin’s transcript from Davos, and he had a great speech (I’m not talking intentions – just the speech).

http://online.wsj.com/article/SB123317069332125243.html

A few paragraphs that caught my attention:

“The current situation is often compared to the Great Depression of the late 1920s and the early 1930s. True, there are some similarities.

However, there are also some basic differences. The crisis has affected everyone at this time of globalisation. Regardless of their political or economic system, all nations have found themselves in the same boat.

There is a certain concept, called the perfect storm, which denotes a situation when Nature’s forces converge in one point of the ocean and increase their destructive potential many times over. It appears that the present-day crisis resembles such a perfect storm.

Responsible and knowledgeable people must prepare for it. Nevertheless, it always flares up unexpectedly.

The current situation is no exception either. Although the crisis was simply hanging in the air, the majority strove to get their share of the pie, be it one dollar or a billion, and did not want to notice the rising wave.

In the last few months, virtually every speech on this subject started with criticism of the United States. But I will do nothing of the kind.

I just want to remind you that, just a year ago, American delegates speaking from this rostrum emphasised the US economy’s fundamental stability and its cloudless prospects. Today, investment banks, the pride of Wall Street, have virtually ceased to exist. In just 12 months, they have posted losses exceeding the profits they made in the last 25 years. This example alone reflects the real situation better than any criticism.

The time for enlightenment has come. We must calmly, and without gloating, assess the root causes of this situation and try to peek into the future.

In our opinion, the crisis was brought about by a combination of several factors.

The existing financial system has failed. Substandard regulation has contributed to the crisis, failing to duly heed tremendous risks.

Add to this colossal disproportions that have accumulated over the last few years. This primarily concerns disproportions between the scale of financial operations and the fundamental value of assets, as well as those between the increased burden on international loans and the sources of their collateral.”

[SD Transplant]

I’ve searched for Putin’s transcript from Davos, and he had a great speech (I’m not talking intentions – just the speech).

http://online.wsj.com/article/SB123317069332125243.html

A few paragraphs that caught my attention:

“The current situation is often compared to the Great Depression of the late 1920s and the early 1930s. True, there are some similarities.

However, there are also some basic differences. The crisis has affected everyone at this time of globalisation. Regardless of their political or economic system, all nations have found themselves in the same boat.

There is a certain concept, called the perfect storm, which denotes a situation when Nature’s forces converge in one point of the ocean and increase their destructive potential many times over. It appears that the present-day crisis resembles such a perfect storm.

Responsible and knowledgeable people must prepare for it. Nevertheless, it always flares up unexpectedly.

The current situation is no exception either. Although the crisis was simply hanging in the air, the majority strove to get their share of the pie, be it one dollar or a billion, and did not want to notice the rising wave.

In the last few months, virtually every speech on this subject started with criticism of the United States. But I will do nothing of the kind.

I just want to remind you that, just a year ago, American delegates speaking from this rostrum emphasised the US economy’s fundamental stability and its cloudless prospects. Today, investment banks, the pride of Wall Street, have virtually ceased to exist. In just 12 months, they have posted losses exceeding the profits they made in the last 25 years. This example alone reflects the real situation better than any criticism.

The time for enlightenment has come. We must calmly, and without gloating, assess the root causes of this situation and try to peek into the future.

In our opinion, the crisis was brought about by a combination of several factors.

The existing financial system has failed. Substandard regulation has contributed to the crisis, failing to duly heed tremendous risks.

Add to this colossal disproportions that have accumulated over the last few years. This primarily concerns disproportions between the scale of financial operations and the fundamental value of assets, as well as those between the increased burden on international loans and the sources of their collateral.”

[SD Transplant]

I’ve searched for Putin’s transcript from Davos, and he had a great speech (I’m not talking intentions – just the speech).

http://online.wsj.com/article/SB123317069332125243.html

A few paragraphs that caught my attention:

“The current situation is often compared to the Great Depression of the late 1920s and the early 1930s. True, there are some similarities.

However, there are also some basic differences. The crisis has affected everyone at this time of globalisation. Regardless of their political or economic system, all nations have found themselves in the same boat.

There is a certain concept, called the perfect storm, which denotes a situation when Nature’s forces converge in one point of the ocean and increase their destructive potential many times over. It appears that the present-day crisis resembles such a perfect storm.

Responsible and knowledgeable people must prepare for it. Nevertheless, it always flares up unexpectedly.

The current situation is no exception either. Although the crisis was simply hanging in the air, the majority strove to get their share of the pie, be it one dollar or a billion, and did not want to notice the rising wave.

In the last few months, virtually every speech on this subject started with criticism of the United States. But I will do nothing of the kind.

I just want to remind you that, just a year ago, American delegates speaking from this rostrum emphasised the US economy’s fundamental stability and its cloudless prospects. Today, investment banks, the pride of Wall Street, have virtually ceased to exist. In just 12 months, they have posted losses exceeding the profits they made in the last 25 years. This example alone reflects the real situation better than any criticism.

The time for enlightenment has come. We must calmly, and without gloating, assess the root causes of this situation and try to peek into the future.

In our opinion, the crisis was brought about by a combination of several factors.

The existing financial system has failed. Substandard regulation has contributed to the crisis, failing to duly heed tremendous risks.

Add to this colossal disproportions that have accumulated over the last few years. This primarily concerns disproportions between the scale of financial operations and the fundamental value of assets, as well as those between the increased burden on international loans and the sources of their collateral.”

[Author]

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