Jimih
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@Akim
Putin never bothered to negotiate over the 2014 Crimea sanctions as he could have simply threatened to default on his debt to NATO and the US members which in 1998 nearly brought down the entire US financial system through just one vehicle called LTCM which collapsed then over the Russian default. He had a bargaining chip but he did not understand what he had or he was too weak to incur risk.
The bailout of LTCM required just about every US financial institution to bail it out. The US money center banks in New York City are tied into the 1.5 quadrillion dollar derivative market. These derivatives or synthetic instruments are used to manipulate markets by the Banksters draining trillions from the world financial system as parasites.
If you divide that by a world GDP this year of 90 trillion dollars, you have a multiple of derivatives of about 17. The LTCM default would have brought down the whole world system as their leverage was in the trillions of dollars. Another default in 2014 could have triggered a world crisis and no one could be sure what financial trip wires might be breached. It was a great negotiating chip.
Putin simply does not have Stalin’s strength or grasp to understand such possibilities.
Putin never bothered to negotiate over the 2014 Crimea sanctions as he could have simply threatened to default on his debt to NATO and the US members which in 1998 nearly brought down the entire US financial system through just one vehicle called LTCM which collapsed then over the Russian default. He had a bargaining chip but he did not understand what he had or he was too weak to incur risk.
The bailout of LTCM required just about every US financial institution to bail it out. The US money center banks in New York City are tied into the 1.5 quadrillion dollar derivative market. These derivatives or synthetic instruments are used to manipulate markets by the Banksters draining trillions from the world financial system as parasites.
If you divide that by a world GDP this year of 90 trillion dollars, you have a multiple of derivatives of about 17. The LTCM default would have brought down the whole world system as their leverage was in the trillions of dollars. Another default in 2014 could have triggered a world crisis and no one could be sure what financial trip wires might be breached. It was a great negotiating chip.
Putin simply does not have Stalin’s strength or grasp to understand such possibilities.