MOSCOW, March 4 (RIA Novosti) – An adviser to Russian President Vladimir Putin said Tuesday that authorities would issue general advice to dump US government bonds in the event of Russian companies and individuals being targeted by sanctions over events in Ukraine
Sergei Glazyev said the United States would be the first to suffer in the event of any sanctions regime.
Full Sanction Program:
Exchange controls and capital controls. No more hot money. You have to get gov permission to send money in or out
You have to protect the ruble against Anglo American attack using above all credit default swaps. Probably ought to ban CDS immediately
State monopoly on international trade
The threat on defaulting on all money owed to New York and London Banks
Dumping the entire portfolio of US Treasury Securities
The central bank. Elvira Nabiullina replaced. Abandon current position of being a satellite of the US Federal Reserve. Only creates new rubles when they have dollars in the vault. You have to start issuing your own ruble denominated loans at very low interest rates as close to zero as you can get and that has to be lent for infrastructure, foreign trade financing, mfg, ag, mining, forestry, scientific research,
How Russia Can Respond to the West's Economic War
1. Exchange controls and capital controls. No more hot money. Gov permission to send money in or out of country. Protect the ruble against Anglo American attack who will use credit default swaps. Ban CDS immediately
2. State monopoly on international trade
3. Default on all money owed to New York and London Banks
4. Dump the entire portfolio of US Treasury Securities
5. The central bank: replace Elvira Nabiullina as head. Abandon being a satellite of the US Federal Reserve. Start issuing ruble denominated loans at very low interest rates - zero century - to be lent for infrastructure, foreign trade financing, mfg, ag, mining, forestry, scientific research
6. Put Sergei Glazyev in charge.
1. Increase its domestic investments
2. Increase its investment in China , S.America and the Silk Road
3. More military aid to Syria, Iraq, Iran
4. Eliminate Saudis/US Terrorism
5. Create a new oil syndicate: Russia, Brasil, Cuba, Iran, Iraq, Syria, Venezuela, Azerbaijan, China
Putin's Move
1. Put Sergei Glazyev in charge of the following
2. Exchange controls and capital controls. Govt permission to send money in or out of country. Protect the ruble against Anglo American attack. Ban credit default swaps
3. State monopoly on international trade
4. Default on all money owed to New York and London Banks
5. Dump the portfolio of US Treasury Securities
6. The Russian Central Bank: replace Elvira Nabiullina as head. Abandon being a satellite of the US FED. Start issuing low interest ruble denominated loans to be lent for infrastructure, foreign trade financing, mfg, ag, mining, forestry, scientific research
No comments:
Post a Comment