cali

I hate when i lose my money in the laundryin

RT friend Loc: Kangaroo valley NSW Australia

Breaking !!! Good news Tillerson is taking the lime light from Trump watch his ratings sour, and Trump's soar, upnupnand awayyyy.

KiraSeer2016

Except truth is an affirmative defense.

KiraSeer2016

I did read, when I could stomach reading it, that Mattis said: "Work with our diplomats or deal with our military, Mattis warns, unveiling new defense strategy."
http://www.rt.com/usa/416419-mattis-new-national-defense-strategy/


The "trap" has been set, hasn't it, Rodney? Now if you would just enlighten me about Tillerson...

TexaCan Loc: Homeward Bound!

But I sure love to find money in the laundryin!!!!

RT friend Loc: Kangaroo valley NSW Australia

On page 4 of that document, - which is very recent, probably even released last week, and the first defence strategy setting forth a specific agenda since 2009, - it states the purpose of the aim of the Administration in unambiguous terms, this is not an accurate quote I just made a few notes.

Dealing with strategic atrophy certain measures need to be taken immediately to arrest the reemergence of revisionist poweres which have been the long term strategic competition to US influence.

So apparently in the mind of the Nation's Defenders, China and Russia are the replacement for the Soviet Union.

That's Mattis setting his trap all right, but I think Tillerson will be reluctant to support the Mattis isolationist position, Boris Johnson would be his only luke warm supporter if the entire Government tried enforced that rubbish as White House policy.

If they did, the EU almost to a man would immediately start purchasing or contributing towards the IMF Special Drawing Rights provisions.

With the intention of SDR's becoming the normal International Reserve Currency.

SDR's value is currently fixed by a basket of international currencies that, if expanded from the present 230 b equivalent USD, to a level representing all Countries current reserves, would enable all world trade to be done without converting to USD denomination.

There would be no costly conversation at all or very little, compared to now.

Tillerson would know about such matters Mattis is absolutely clueless.

However congratulations to Trump for stand back and letting the helpers earn their money.

KiraSeer2016

I thought SDR's were used mostly for settlement purposes. Make that "going to be used". But international economic and financial regulatory activity will have to wait until we have broken the back of the "big bad boys". The VELGDS.

You state China and Russia are a replacement for the Soviet Union---I'm sure you mean "the external threat" that can always unite a nation. What about Islam? How does Mattis and Tillerson feel about that bug-a-bear?

RT friend Loc: Kangaroo valley NSW Australia

SDR's were put in place about 1970 so member Nations could use the UN facilities according to what % of SDR:s they held according to how much they had contributed to them, so in effect SDR 's became the nominal reserve currency especially when the Bretton Woods arrangements collapsed in 1972 and the Fixed exchange rate for major international currencies was adandoned and replaced with the floating module made stable by the US Petro Dollar.

The Petro Dollar was a deal with OPEC to only sell oil only in US currency and for OPEC to use their reserves to purchase US Treasuries (bonds with a 10 year maturity).

Due in part to fracking that system seems to be ending, also with China buying Treasures with their Balance of trade surplus the Petro Dollar is not that relevant now as it used to be.

Also the US is probably the chief component of price fixing the value of energy, and thus considered in conjunction with the political accociation with the value of energy the US being not in lock step one way up or down price wise, the US is able to push futures up or down depending on political concerns.

However the Trump team is appearing to be ignorant of this fact and consequently is missing out on great leverage, probably political economics is not their strong point.

So now that places on Nations a much greater need to hold their Strategically Reserved Currencies in something other than US Currency and Equity denominated in the same, because the US could smarten up and force greater need for US Reserve Currency to be accepted internationally by manipulating the price of energy.

That's mainly because the price of energy is the critical factor for political leverage, and also all Nations not on the American Continent realise the bipartisan US political regime is highly advantaged by offshore wars, particularly on Continents seperated by the Atlantic Ocean.

So far China is the only Nation pushing for SDR's as the mainstay World Reserved Currency, but Europe is not far off that position, the US embassy shift to Jerusalem is a big test as to which way Europe will go.

The present US foreign policy is to create a "them and us" attitude in the Western Camp so US dependency is preserved, Russia and China being "them", closing the ranks could force India, Africa and Pakistan to decide only to embrace the US and spurn Chinas One Belt one Road.

I'm not sure about VELGDS. and will have to take it home and study up about it.

Yep, !! external threat needed for continuing a US Social Unity, the problem is that, there is only a Coarse Materialist Culture of consumer pride and hedonistic tendencies in the US, and always going through the roof, bedrooms are now saturated, except for mine of course.

Alas, . this is a real boom industry that can't be exported continually, Ovomit tried to hook gay marriage up to foreign aid.

Luckily it sort of tanked after that, Ovomit was a big turn off, hahahaha.

Both Mattis and Tillerson are backing away from the threat of Islam I think because they want a reliable partner to take on Iran and Hezbollah so the US can be the shirt holder and supplier of war materials, a good test now is with Turkey striking Afrin and Manbij how the Kurds will go depends on what both Mattis and Tillerson will decide about taking on Iran and Hezbollah, you probably can't engage one without the other, Turkey will probably team up with them if the Kurds collapse, or don't collapse, probably it's Turkey supplying Yemen and not Iran, it's a Sunny thing I think.

I hope I satisfied or could satisfied you communication to me, and promise to do my best.

KiraSeer2016

Well, we don't want to give too much away just yet, Rodney. I have to go now, but remind me on Monday or Tuesday, and I will study your post.

Remember: "Money---it's a gas!"

RT friend Loc: Kangaroo valley NSW Australia

Monday's come time to study the post, or have to been shafted off OPP for 3 days, I can't see any reason why such should happen, we need to talk, there was a song about a gas gas gas but I can't remember it, that's one of the things we need to talk about.
Your lover boy, Rodney, let's not forget that.