Most Popular
1. THE INFLATION MONSTER is Forecasting RECESSION - Nadeem_Walayat
2.Why APPLE Could CRASH the Stock Market! - Nadeem_Walayat
3.The Stocks Stealth BEAR Market - Nadeem_Walayat
4.Inflation, Commodities and Interest Rates : Paradigm Shifts in Macrotrends - Rambus_Chartology
5.Stock Market in the Eye of the Storm, Visualising AI Tech Stocks Buying Levels - Nadeem_Walayat
6.AI Tech Stocks Earnings BloodBath Buying Opportunity - Nadeem_Walayat
7.PPT HALTS STOCK MARKET CRASH ahead of Fed May Interest Rate Hike Meeting - Nadeem_Walayat
8.50 Small Cap Growth Stocks Analysis to CAPITALISE on the Stock Market Inflation -Nadeem_Walayat
10.Apple and Microsoft Nuts Are About to CRACK and Send Stock Market Sharply Lower - Nadeem_Walayat
Last 7 days
Where’s my self-driving car? - 16th Aug 22
Real Reason why Pakistan and India Gained Independence in 1947 at 75th Anniversary - 16th Aug 22
Electronic Payments Can Benefit Your Business - Here’s How - 16th Aug 22
Qualcom Stock Market Harbinger - 12th Aug 22
Apple Exec Gets World's 1st iPhone 14 for Daughters 14th Birthday Surprise Present Unboxing! - 12th Aug 22
Steps to remember while playing live roulette online - 12th Aug 22
China Bank Run Protests - Another Potential Tiananmen Square Massacre? - 11th Aug 22
Silver Coin Premiums – Another Collapse? - 11th Aug 22
Gold-to-Silver Ratio Heading Lower – Setup Like 1989-03 - 11th Aug 22
Severe Stocks Bear Market: Will You Be Among the Prepared 1.5%? - 11th Aug 22
There's a Hole in My Bucket Dear Liza, UK Summer Heatwave Plants Watering Problem Song - 11th Aug 22
Why PEAK INFLATION is a RED HERRING! Prepare for a Decade Long Cost of Living Crisis - 9th Aug 22
FREETRADE Want to LEND My Shares to Short Sellers! - 8th Aug 22
Stock Market Unclosed Gap - 8th Aug 22
The End Game for Silver Shenanigans... - 8th Aug 22er
WARNING Corsair MP600 NVME2 M2 SSD Are Prone to Failure Can Prevent Systems From Booting - 8th Aug 22
Elliott Waves: Your "Rhyme & Reason" to Mainstream Stock Market Opinions - 6th Aug 22
COST OF LIVING CRISIS NIGHTMARE - Expect High INFLATION for whole of this DECADE! - 6th Aug 22
Recession Is Good for Gold, but a Crisis Would Be Even Better - 5th Aug 22
Stock Market Rallying On Slowly Thinning Air - 5th Aug 22
Stock Market Trend Pattren 2022 Forecast Current State - 4th Aug 22
Should We Be Prepared For An Aggressive U.S. Fed In The Future? - 4th Aug 22
Will the S&P 500 Stock Market Index Go the Way of Meme Stocks? - 4th Aug 22
Stock Market Another Upswing Attempt - 4th Aug 22
What is our Real Economic and Financial Prognosis? - 4th Aug 22
The REAL Stocks Bear Market of 2022 - 3rd Aug 22
The ‘Wishful Thinking’ Fed Is Anything But ‘Neutral’ - 3rd Aug 22
Don’t Be Misled by Gold’s Recent Upswing - 3rd Aug 22
Aluminum, Copper, Zinc: The 3 Horsemen of the Upcoming "Econocalypse" - 31st July 22
Gold Stocks’ Rally Autumn 2022 - 31st July 22
US Fed Is Battling Excess Global Capital – Which Is Creating Inflation - 31st July 22

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Dangerous Slope – Anti-Russian Propaganda At Record Heights

Politics / GeoPolitics Dec 07, 2014 - 03:04 PM GMT

By: Andrew_McKillop


The Wounded Russian Bear
Russians themselves are not particularly fascinated by bears, and like Americans feature eagles in their animal iconology – but for western pap-news journalists and broadcasters bears always figure in the output of their anti-Russian propaganda cottage industry. But not polar bears, of course.

Western pap-media, which reads and sounds something like Goebbels mixed with Twitter, tells us that "the middle classes" are vastly more concerned about polar bears paddling in slush somewhere off the Greenland coast, than homeless people on and in the streets and gutters of their own cities. In EU28 countries about 33% of the oil used to swish the middle classes past the homeless in their Low Carbon cars, with the windows tight, shut is from Russia – but friendly Saudi Arabia who helps us so much in the Syrian terror war is also at hand to supply us. It can ship the oil at $50 a barrel.  KSA's former proteges, ISIS or ISIL or Derch (Lurch might be more apposite), which is fighting for Islamic freedom (an oxymoron) in Syria, supplies us with stolen and pillaged oil at $35 a barrel! After all, both KSA and ISIS revel in open air decapitations for apostasy, so why shouldn't they both supply cheap oil?

The Boys Own Paper of a mythical species called "intelligent middle class readers" of Middle England, The Economist magazine, let its anti-Russian hysteria rip, yet again, in its November 22nd issue. In a now typical pile of insane rhetoric no longer concealing the diesire to do harm to everybody in Russia – not just The Pariah Putin – its Nov 22 issue included a feature article titled "The Wounded Bear". Struggling to contain its glee that the Russian economy faces serious problems and is now growing a tad slower than France, Italy, Spain, Portugal and other brilliant Eurozone countries- The Economist economizes on the details. Russia for example has much lower numbers of jobless. If sufficiently goaded, economically, it really could cut off oil and gas supplies. If the goading is military, then the logical result is all out nuclear war. Happy Christmas!

But The Economist, as a house mag of elite school and Oxbridge English males, has no interest in the fine print. Nato can face down and "look after Putin" - the same way it looked after Gaddafi!.

As anybody who even spent a couple days watching BBC News TV will find out, The Economist should alert its readers to one clear bizniss opportunity in Olde England - developing a cellphone app enabling you to find the nearest pedophile or child molester, and join them in their fun and frolics. This could only be a winner in Olde England, even if a Russian oil embargo might cause critical shortages of Vaseline to the nation which gave the world Sir Jimmy Savile (rightly nicknamed So Vile). 

When is a Terrorist a Freedom Fighter?
In Syria they are freedom fighters when they are financed by KSA , Qatar and the other autocratic and repressive petro-principalities of the Persian Gulf, and are armed by the USA, UK, France, Germany and others. When they are terrorists from Chechnya, and are Saudi-financed, however, they are called "freedom fighters" by The Economist and its ilk. We can read that in black-and-whiteon a daily basis in any so-called "leading newspaper" published in the USA or Europe.

If they are not "freedom fighters", they are separatists – like the IRA in Northern Ireland or Hamas in Palestine, you might ask? The Economist will instantly tell you no, and will add that almost any Islamic-flavored terrorist operating in Russia who kills civilians, municipal workers, policemen or soldiers is either a "freedom fighter" or a "separatist". Never a terrorist. This is Goebbels-type newspeak.

Eastern Ukrainians who want to separate from the western-installed Kiev government, and organized referenda to do it, are never separatists and always "terrorists". Never mind that the Kiev government overthrew a democratically-elected government, by street riot, with many deaths. The Kiev government is "democracy loving".It is western-backed (and installed!).

In summary therefore, Western media newspeak draws a line in the sand whereby Saudi-fianced terrorists who kill Russian civilians are "on our side" and are "democratically-minded separatists". This goes a long way further than economic sanctions, you have to admit.

Western technical and specialist journals and web sites follow suit in the same drunken waltz of the insane – the Waltz to War with Russia. Wags already call Putin's decision, announced during his state visit to Turkey, to abandon the South Stream gas pipeline project bypassing Ukraine, the Turk Stream project.  In fact the sudden and massive hostility of Brussels to the South Stream project, its insistence that Russia must continue ssupplying gas to south and southeastern European countries through Ukraine, and the storm of anti-South Stream propaganda that suddenly emerged made it pointless for Russia to continue with the project. German and northern European consumers already have the highly successful Nord Stream pipeline reliably transporting Gazprom's gas to them – but Brussels suddenly developed a manic aversion to South Stream!

For perhaps 98% of normal persons the EU's Third Energy Package means nothing, but the long-serving and recently departed Energy Commissioner and close friend of Angela Merkel, Gunther Oettinger, spent years of his life defending South Sream among other parts of the Package. It was a jewel in the Package's crown! In a few weeks, the whole thing was thrown out, for what we have to conclude was the machination of would-be Macchiavellis in the European Commission, and higher up in the national governments. They decided that Ukraine must continue getting its hands on Gazprom gas – at prices nobody can beat! For example by simply stealing it and calling it "evaporation and pipeline losses"! Another Ukrainian trick, dating from way back in time certainly including the Yanukovitch and "Ukrainian passioara" Timochenko eras, was to refuse paying for it and wait for Russia to drag Ukraine to the Stockholm arbitration tribunal.

Putin already conceded a major reduction in gas prices to Ukraine this winter, and we coud be surprised he decided to go on supplying any natural gas at all, to Kiev. However, if he did cut it off and let them freeze, The Economist and its ratpack ilk would instantly call it "gas terrorism".

Ruin My Currency
And I might do the same for and to you. The Economist and every single so-called "leading economic and business" media outlet in the western world has been gurgling with joy, on a daily basis, that the ruble has taken a big hit against the dollar, euro, yen and other moneys. The economists concedes this has helped some Russian exporters (it didn't mention oil exporters), but did not underline that a massive depreciation of the ruble will necessarily jumpstart import-substitution activity in the Russian economy. EU countries starting with German are certainly not going to like that.

To be sure the nearly-stated Christmas wish of ratpack journalists like those of England's Boys Own Paper, is that Russia's economy will melt down in the heat of a hyperinflation fireball. Germany 1922 could be their ultimate dream! After Germany melted down in the early 1920s, it was all set for a long and bumpy ride down the Yeltsin-type road to economic nowhere – but certainly to a clear political destination. When Germany's Yeltsin-type rotten republics, called Weimar, fell apart this paved the way for the Providential Man on a White Horse to emerge. In fact riding in a Panzer tank and called Mister Adolf! And of course he wanted to fight Russia.

And of course he lost, but that is a detail of history for The Economist and its ilk, who like to bat their eylids a couple of times about that detail, and completely forget it. Russia is always their enermy – the same way it was always the enemy of Hitler's Nazi nation.

Ruining Russia's currency the ruble is above all wished by Western propagandists because it will do harm to all Russians. Doing harm to everybody is always the mark of the Bully and the Tyrant. To be sure we mean "nearly everybody", and not the glorious and rich elites of the West who, under the present No Alternative crony economic system, just simply cannot lose. 95% of the wealth for 1% of the people – you know it makes sense!

There are in fact a rather large number of countervailing measures and retaliatory actions that the Russian government, headed by president Putin, can decide and apply. The west most certainly wants economic war against Russia – so be it – and we can hope the west suffers at least as much economic, political and social damage as Russia, due to this aggression being rationalized or "justified" on the grounds of the the Crimean referendum, and

By Andrew McKillop


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

© 2005-2019 - 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