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

[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.”

[Nor-LA-SD-guy]

[quote=MadeInTaiwan]This is hilarious! You do realize that the Russian stock market collapsed last year. I think it went down over 60% around Nov. Russia’s economy is predicated on minimum $60.00/barrel oil. We can all do the math

Putin’s been saber rattling, tightening his control, scape goating minorities, turning a blind eye to assassination of any critics, picking war with Georgia, gloating over the West’s and specifically our dependence on cheap oil while his coffers were full.

Now that oil is around $40 a barrel, he is out of money and out of solutions with a collapsing economy.

He is paraphrasing that Iranian nut Ahmadinejad, who was also trying to divert attention from this country’s failed economy by railing against the U.S.

Talk about the pot calling the kettle black. It is more like a bit fat cast iron frying pan calling the kettle black.

Putin better pray for a quick U.S. recovery which will drive oil prices up. Otherwise his rule will collapse soon.

I am sure the knowledgeable folks at Fox know all of this an is only airing this as “satire”, or explained how ridiculous this criticism sounds. I am sure Fox played air this back to back with Ahmadinejad’s comments to show how stupid it is. The network would never try to put any sh!t out there just to criticize the present administration and see if it might stick. Heaven forbid!

That is why Fox is way above all other “drive-by’s” as the the only trustworthy news source.

MadeInTaiwan[/quote]

There is one theory out there that this whole global economic slow down was brought about to collapse the Russian government (at least into something We (the U.S.A.) can deal with, they were getting out of hand and looking very expansionary in their plans etc…

Anyway from what I have been hearing just getting food is a real challenge in Russia these days (I think cheese is like 40 dollars a pound over there right now).

I think Russia will collapse in some form before the year is out, then someone will turn the switch back on and the economy will take off like an over caffeinated banshee .

I think especially in Socal we are in a drug induced coma. Just waiting for the drip to removed so we can wake up.

It’s like two teens playing chicken, only the U.S.A. is driving a Lincoln Navigator And Russia is driving a Yogo.

[Nor-LA-SD-guy]

[quote=MadeInTaiwan]This is hilarious! You do realize that the Russian stock market collapsed last year. I think it went down over 60% around Nov. Russia’s economy is predicated on minimum $60.00/barrel oil. We can all do the math

Putin’s been saber rattling, tightening his control, scape goating minorities, turning a blind eye to assassination of any critics, picking war with Georgia, gloating over the West’s and specifically our dependence on cheap oil while his coffers were full.

Now that oil is around $40 a barrel, he is out of money and out of solutions with a collapsing economy.

He is paraphrasing that Iranian nut Ahmadinejad, who was also trying to divert attention from this country’s failed economy by railing against the U.S.

Talk about the pot calling the kettle black. It is more like a bit fat cast iron frying pan calling the kettle black.

Putin better pray for a quick U.S. recovery which will drive oil prices up. Otherwise his rule will collapse soon.

I am sure the knowledgeable folks at Fox know all of this an is only airing this as “satire”, or explained how ridiculous this criticism sounds. I am sure Fox played air this back to back with Ahmadinejad’s comments to show how stupid it is. The network would never try to put any sh!t out there just to criticize the present administration and see if it might stick. Heaven forbid!

That is why Fox is way above all other “drive-by’s” as the the only trustworthy news source.

MadeInTaiwan[/quote]

There is one theory out there that this whole global economic slow down was brought about to collapse the Russian government (at least into something We (the U.S.A.) can deal with, they were getting out of hand and looking very expansionary in their plans etc…

Anyway from what I have been hearing just getting food is a real challenge in Russia these days (I think cheese is like 40 dollars a pound over there right now).

I think Russia will collapse in some form before the year is out, then someone will turn the switch back on and the economy will take off like an over caffeinated banshee .

I think especially in Socal we are in a drug induced coma. Just waiting for the drip to removed so we can wake up.

It’s like two teens playing chicken, only the U.S.A. is driving a Lincoln Navigator And Russia is driving a Yogo.

[Nor-LA-SD-guy]

[quote=MadeInTaiwan]This is hilarious! You do realize that the Russian stock market collapsed last year. I think it went down over 60% around Nov. Russia’s economy is predicated on minimum $60.00/barrel oil. We can all do the math

Putin’s been saber rattling, tightening his control, scape goating minorities, turning a blind eye to assassination of any critics, picking war with Georgia, gloating over the West’s and specifically our dependence on cheap oil while his coffers were full.

Now that oil is around $40 a barrel, he is out of money and out of solutions with a collapsing economy.

He is paraphrasing that Iranian nut Ahmadinejad, who was also trying to divert attention from this country’s failed economy by railing against the U.S.

Talk about the pot calling the kettle black. It is more like a bit fat cast iron frying pan calling the kettle black.

Putin better pray for a quick U.S. recovery which will drive oil prices up. Otherwise his rule will collapse soon.

I am sure the knowledgeable folks at Fox know all of this an is only airing this as “satire”, or explained how ridiculous this criticism sounds. I am sure Fox played air this back to back with Ahmadinejad’s comments to show how stupid it is. The network would never try to put any sh!t out there just to criticize the present administration and see if it might stick. Heaven forbid!

That is why Fox is way above all other “drive-by’s” as the the only trustworthy news source.

MadeInTaiwan[/quote]

There is one theory out there that this whole global economic slow down was brought about to collapse the Russian government (at least into something We (the U.S.A.) can deal with, they were getting out of hand and looking very expansionary in their plans etc…

Anyway from what I have been hearing just getting food is a real challenge in Russia these days (I think cheese is like 40 dollars a pound over there right now).

I think Russia will collapse in some form before the year is out, then someone will turn the switch back on and the economy will take off like an over caffeinated banshee .

I think especially in Socal we are in a drug induced coma. Just waiting for the drip to removed so we can wake up.

It’s like two teens playing chicken, only the U.S.A. is driving a Lincoln Navigator And Russia is driving a Yogo.

[Nor-LA-SD-guy]

[quote=MadeInTaiwan]This is hilarious! You do realize that the Russian stock market collapsed last year. I think it went down over 60% around Nov. Russia’s economy is predicated on minimum $60.00/barrel oil. We can all do the math

Putin’s been saber rattling, tightening his control, scape goating minorities, turning a blind eye to assassination of any critics, picking war with Georgia, gloating over the West’s and specifically our dependence on cheap oil while his coffers were full.

Now that oil is around $40 a barrel, he is out of money and out of solutions with a collapsing economy.

He is paraphrasing that Iranian nut Ahmadinejad, who was also trying to divert attention from this country’s failed economy by railing against the U.S.

Talk about the pot calling the kettle black. It is more like a bit fat cast iron frying pan calling the kettle black.

Putin better pray for a quick U.S. recovery which will drive oil prices up. Otherwise his rule will collapse soon.

I am sure the knowledgeable folks at Fox know all of this an is only airing this as “satire”, or explained how ridiculous this criticism sounds. I am sure Fox played air this back to back with Ahmadinejad’s comments to show how stupid it is. The network would never try to put any sh!t out there just to criticize the present administration and see if it might stick. Heaven forbid!

That is why Fox is way above all other “drive-by’s” as the the only trustworthy news source.

MadeInTaiwan[/quote]

There is one theory out there that this whole global economic slow down was brought about to collapse the Russian government (at least into something We (the U.S.A.) can deal with, they were getting out of hand and looking very expansionary in their plans etc…

Anyway from what I have been hearing just getting food is a real challenge in Russia these days (I think cheese is like 40 dollars a pound over there right now).

I think Russia will collapse in some form before the year is out, then someone will turn the switch back on and the economy will take off like an over caffeinated banshee .

I think especially in Socal we are in a drug induced coma. Just waiting for the drip to removed so we can wake up.

It’s like two teens playing chicken, only the U.S.A. is driving a Lincoln Navigator And Russia is driving a Yogo.

[Nor-LA-SD-guy]

[quote=MadeInTaiwan]This is hilarious! You do realize that the Russian stock market collapsed last year. I think it went down over 60% around Nov. Russia’s economy is predicated on minimum $60.00/barrel oil. We can all do the math

Putin’s been saber rattling, tightening his control, scape goating minorities, turning a blind eye to assassination of any critics, picking war with Georgia, gloating over the West’s and specifically our dependence on cheap oil while his coffers were full.

Now that oil is around $40 a barrel, he is out of money and out of solutions with a collapsing economy.

He is paraphrasing that Iranian nut Ahmadinejad, who was also trying to divert attention from this country’s failed economy by railing against the U.S.

Talk about the pot calling the kettle black. It is more like a bit fat cast iron frying pan calling the kettle black.

Putin better pray for a quick U.S. recovery which will drive oil prices up. Otherwise his rule will collapse soon.

I am sure the knowledgeable folks at Fox know all of this an is only airing this as “satire”, or explained how ridiculous this criticism sounds. I am sure Fox played air this back to back with Ahmadinejad’s comments to show how stupid it is. The network would never try to put any sh!t out there just to criticize the present administration and see if it might stick. Heaven forbid!

That is why Fox is way above all other “drive-by’s” as the the only trustworthy news source.

MadeInTaiwan[/quote]

There is one theory out there that this whole global economic slow down was brought about to collapse the Russian government (at least into something We (the U.S.A.) can deal with, they were getting out of hand and looking very expansionary in their plans etc…

Anyway from what I have been hearing just getting food is a real challenge in Russia these days (I think cheese is like 40 dollars a pound over there right now).

I think Russia will collapse in some form before the year is out, then someone will turn the switch back on and the economy will take off like an over caffeinated banshee .

I think especially in Socal we are in a drug induced coma. Just waiting for the drip to removed so we can wake up.

It’s like two teens playing chicken, only the U.S.A. is driving a Lincoln Navigator And Russia is driving a Yogo.

[svelte]

Well the Yanks hate the Reds
And the Greeks hat the Turks
I really hate to say it
But they’re all a bunch of jerks
Seems like everybody’s shakin’
‘Cause the big one’s ’bout to fall
I’m just trying to hold it steady while I
Piss on the wall

– J. Geils Band, 1981

Not much has changed in 28 years.

[svelte]

Well the Yanks hate the Reds
And the Greeks hat the Turks
I really hate to say it
But they’re all a bunch of jerks
Seems like everybody’s shakin’
‘Cause the big one’s ’bout to fall
I’m just trying to hold it steady while I
Piss on the wall

– J. Geils Band, 1981

Not much has changed in 28 years.

[svelte]

Well the Yanks hate the Reds
And the Greeks hat the Turks
I really hate to say it
But they’re all a bunch of jerks
Seems like everybody’s shakin’
‘Cause the big one’s ’bout to fall
I’m just trying to hold it steady while I
Piss on the wall

– J. Geils Band, 1981

Not much has changed in 28 years.

[svelte]

Well the Yanks hate the Reds
And the Greeks hat the Turks
I really hate to say it
But they’re all a bunch of jerks
Seems like everybody’s shakin’
‘Cause the big one’s ’bout to fall
I’m just trying to hold it steady while I
Piss on the wall

– J. Geils Band, 1981

Not much has changed in 28 years.

[svelte]

Well the Yanks hate the Reds
And the Greeks hat the Turks
I really hate to say it
But they’re all a bunch of jerks
Seems like everybody’s shakin’
‘Cause the big one’s ’bout to fall
I’m just trying to hold it steady while I
Piss on the wall

– J. Geils Band, 1981

Not much has changed in 28 years.

[SHILOH]

Unless he also predicted the current financial markets crash and our unemployment rate…he is just another speculative “Scholar” like the other world-class economists and bank-managers and business leaders that predicted our “downfall.”

[SHILOH]

Unless he also predicted the current financial markets crash and our unemployment rate…he is just another speculative “Scholar” like the other world-class economists and bank-managers and business leaders that predicted our “downfall.”

[SHILOH]

Unless he also predicted the current financial markets crash and our unemployment rate…he is just another speculative “Scholar” like the other world-class economists and bank-managers and business leaders that predicted our “downfall.”

[SHILOH]

Unless he also predicted the current financial markets crash and our unemployment rate…he is just another speculative “Scholar” like the other world-class economists and bank-managers and business leaders that predicted our “downfall.”

[Author]

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