Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
All Measures to Combat Global Warming Are Smoke and Mirrors! - 18th Apr 24
Cisco Then vs. Nvidia Now - 18th Apr 24
Is the Biden Administration Trying To Destroy the Dollar? - 18th Apr 24
S&P Stock Market Trend Forecast to Dec 2024 - 16th Apr 24
No Deposit Bonuses: Boost Your Finances - 16th Apr 24
Global Warming ClImate Change Mega Death Trend - 8th Apr 24
Gold Is Rallying Again, But Silver Could Get REALLY Interesting - 8th Apr 24
Media Elite Belittle Inflation Struggles of Ordinary Americans - 8th Apr 24
Profit from the Roaring AI 2020's Tech Stocks Economic Boom - 8th Apr 24
Stock Market Election Year Five Nights at Freddy's - 7th Apr 24
It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- 7th Apr 24
AI Revolution and NVDA: Why Tough Going May Be Ahead - 7th Apr 24
Hidden cost of US homeownership just saw its biggest spike in 5 years - 7th Apr 24
What Happens To Gold Price If The Fed Doesn’t Cut Rates? - 7th Apr 24
The Fed is becoming increasingly divided on interest rates - 7th Apr 24
The Evils of Paper Money Have no End - 7th Apr 24
Stock Market Presidential Election Cycle Seasonal Trend Analysis - 3rd Apr 24
Stock Market Presidential Election Cycle Seasonal Trend - 2nd Apr 24
Dow Stock Market Annual Percent Change Analysis 2024 - 2nd Apr 24
Bitcoin S&P Pattern - 31st Mar 24
S&P Stock Market Correlating Seasonal Swings - 31st Mar 24
S&P SEASONAL ANALYSIS - 31st Mar 24
Here's a Dirty Little Secret: Federal Reserve Monetary Policy Is Still Loose - 31st Mar 24
Tandem Chairman Paul Pester on Fintech, AI, and the Future of Banking in the UK - 31st Mar 24
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Beware Of China And India

Politics / GeoPolitics Aug 24, 2014 - 01:53 PM GMT

By: Andrew_McKillop

Politics

Goading Putin is One Thing
It is simple good luck and certainly not by design that the west has chosen Russia as No 1 whipping boy. Russia is a western country, largely dominated by Christian values or a Christian heritage. It is a “known” rather than the “unknown” of China and India. When the political goading, military provocation and economic sanctions start with them, we will be on a short fuze.


Only dimly perceived by western leaders and never reported by their mainstream media, the reason why Putin's opinion poll ratings are so high is not just the Russian population “rallying around the flag”.There is a much more sombre reason. Russians are frightened by the extreme aggressivity and irrationality of the west. They cannot understand what has happened. As the Ukraine crisis draws on and on, this fear only increases.

China doesn't have any time for this 19th century style Dance To War. The Chinese official statement, today 24 August on the latest mid-air clash between a US military spy plane and Chinese fighter jets was this:

"Their various reconnaissance aircraft have been wandering around foreign airspace for decades and watching the military secrets of other countries like a disgusting thief spying over his neighbour’s fence”.

The raging statement went on to say:

“America has lost face and does not want to show the world they are sick. They have been lording over other countries for so long, and they will never let it go after they eat this loss."
The warning signs are clear but of course at the Mad Hatter's tea party – called “western foreign policy and international relations” - these warnings count for nothing. China is only a non-white, non-western small country and probably its nuclear weapons don't work if the Chinese actually know how to use them. Would you like more sugar in your tea?

Obama Talks About Nihilism!
India is also in no way fooled by western economic nihilism – setting out to sabotage the global economy. India is further back and less clear in its toughening stance towards the west, but its BOI central bank chief has already said, several times this year, that the G7 group is sabotaging the global economy. Prime minister Modi is light years away from being a dove. India has not even one millisecond's interest in applying sanctions against Iran, for example, let alone Russia! The western sanctions game is seen by Indians for what it is – economic sabotage. Only that.

Western nihilism – spreading like a cancer to use Mr Obama's term - is much more dangerous than that of ISIS and its Punk Killers who think they stepped out of Assassins Creed. Anybody who wants to stand back and take a look at what has happened in our “mature societies” - only since the 2008 crisis – has to admit that strange things are happening, most of them bad.

To be sure the 2008 economic and financial crisis was called “a statistical freak event”, a Black Swan that nobody could have predicted – and so on. Since 2008 however, economic crisis and crisis talk is hard-wired and endemic in our society. Running hand in glove with that, western aggression against anybody at all is rising like scum in a cesspit.

Don't look for logic because there is no logic. It is harmful or to use an ISIS word it is “haram” as in Boko Haram.

So we get the Mad Hatter's tea party, with ISIS playing Queen of Hearts and screaming “Off with their heads!”. Until their own heads get cut off, of course. Probable reasons why western leaders and their security “experts” had no idea what was happening in the Middle East include their infatuation with the ever-so-exciting project of goading Vladimir Putin and Russia into war with the west – and you don't call that simple madness? Nihilist madness to be exact.

Partying On at the Nihilist Ball
Don't mess with China or India! The warning is crystal clear but will be it heard at the Mad Hatter's ball? The major point is that both Chinese and Indian leaders and their media see the west, today, as mentally sick and unpredictable – and dangerous.
Amazingly enough, but not when it concerns the mentally sick, western leaderships and their tame media actually believe that “Russia has been contained”. After that success, they can move on and up to goading China and India. That will be so much fun!

The point is that neither Russia, nor China, nor India wants to be “contained”, whatever that means in Mad Hatter talk. They want some serious action on repairing the world economy – not further sabotaging it. They are not only disgusted by the economic sanctions game – but frightened by it.

Reasons for this unstable dangerous world situation are as we say “multivariate” but the West's sombre and deadly antics in the Middle East – called “foreign policy” - have made the region a cesspit of terror. The supposed logic was “something to do with oil” but that is now rearview mirror.

In the playtime casino economy of the west – called “the markets” - operators and players are themselves nihilist and do not believe that, for example, oil supply from the Middle East will be affected. Until of course it is cut off one day – in the same way ISIS says it must “cut the head off the snake”. That event would permit the market operators to rack up oil prices to maybe $200 per barrel – giving an excellent new excuse for another 2008 crash-and-panic circus act.

What could be more reasonable, for Nihilists who only want to destroy?

Nihilism, by the way, started in the Russia of the 1860s as a Youth Revolt. Youth rejected everything. They even rejected Anarchy – it was “too organized” for them! Nihilism rejects all ideologies and all doctrines. Any logic, of any kind, is denied. Using the Merriam-Webster dictionary definition, it is a belief that “all of society's political and social institutions are so bad they must be destroyed”. What comes after is (of course) not defined!  Why should Russia, China and India accept that?

By Andrew McKillop

Contact: xtran9@gmail.com

Former chief policy analyst, Division A Policy, DG XVII Energy, European Commission. Andrew McKillop Biographic Highlights

Co-author 'The Doomsday Machine', Palgrave Macmillan USA, 2012

Andrew McKillop has more than 30 years experience in the energy, economic and finance domains. Trained at London UK’s University College, he has had specially long experience of energy policy, project administration and the development and financing of alternate energy. This included his role of in-house Expert on Policy and Programming at the DG XVII-Energy of the European Commission, Director of Information of the OAPEC technology transfer subsidiary, AREC and researcher for UN agencies including the ILO.

© 2014 Copyright Andrew McKillop - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisor.

Andrew McKillop Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in