Tag: Michael Hudson

Moscow’s New Found Independence + More

Tina Marie (Ms. Cat)

Moscow’s New Found Independence

Hudson noted, however, that “the biggest beneficiary” of Russia having been laden with sanctions is Washington. This is because Europe, which is heavily reliant on Russian energy, is faced with simultaneous energy and food crises, thus leaving it with little ability to pay attention to other matters.

“Basically, Washington doesn’t care if Russia wins the war [in Ukraine], because the US has succeeded in eliminating its competition in Europe, especially Germany.”

Related:

The International Energy Agency says Western sanctions have had a “limited impact” on Russian oil production

The agency added that the European Union’s commitment to reduce member states’ gas consumption by 15 percent from August 2022 to March 2023 will continue to increase oil demand by about 300,000 barrels per day for the next six quarters.

Shipping oil from the US to Europe costs 12 times more than the start of 2022 as nations continue to shun Russian crude

The Aframax vessels are optimally-sized to dock at European docks, which often cannot fit supertankers, an analyst from E.A. Gibson Shipbrokers told Bloomberg, and the current sky-high rates should remain heightened in the months ahead so long as sanctions against Russia remain.

…

“The market consensus was too pessimistic about Russia’s capability to re-route volumes to other buyers,” IEA analysts said. “Russia’s exports adjusted towards other buyers without a serious disruption to its production.”

Harpers Declares It’s Over – The ‘American Century’ Is Gone

Tina Marie (Ms. Cat)1 Comment

Harpers Declares It’s Over – The ‘American Century’ Is Gone

Related:

Empire Burlesque

H/T: Franc Analysis

The oligarchs response to the loss of global full spectrum dominance will be increased military action. Their ability to foment support for aggression by the American citizenry will be used as a response to the success of China’s model of foreign investment in trade and reproduction, which will become the scapegoat for dwindling purchasing power caused by financialization of the American economy.

Posted by: Wilikins | Jul 13 2022 16:13 utc | 27

To Punish Russia The ‘Liberal Order’ Attempts To Suicide Itself

Tina Marie (Ms. Cat)

The ‘west’ had failed to understand Russia’s need to act. It has failed to make the necessary commitments, and accept Russia’s reasonable demands, to avoid the struggle. In consequence it will now fall apart. The knee-jerk reaction to Russia’s ‘special military operation’ in Ukraine will, as Alastair Crooke writes, lead to the end of the ‘liberal order’:

To Punish Russia The ‘Liberal Order’ Attempts To Suicide Itself