Best of the Week
Most Popular
1. Stock Markets and the History Chart of the End of the World (With Presidential Cycles) - 28th Aug 20
2.Google, Apple, Amazon, Facebook... AI Tech Stocks Buying Levels and Valuations Q3 2020 - 31st Aug 20
3.The Inflation Mega-trend is Going Hyper! - 11th Sep 20
4.Is this the End of Capitalism? - 13th Sep 20
5.What's Driving Gold, Silver and What's Next? - 3rd Sep 20
6.QE4EVER! - 9th Sep 20
7.Gold Price Trend Forecast Analysis - Part1 - 7th Sep 20
8.The Fed May “Cause” The Next Stock Market Crash - 3rd Sep 20
9.Bitcoin Price Crash - You Will be Suprised What Happens Next - 7th Sep 20
10.NVIDIA Stock Price Soars on RTX 3000 Cornering the GPU Market for next 2 years! - 3rd Sep 20
Last 7 days
Eiro-group Review –The power of trading education - 4th Dec 20
Early Investors set to win big as FDA fast-tracks this ancient medicine - 3rd Dec 20
New PC System Switch On, Where's Windows 10 Licence Key? Overclockers UK OEM Review (5) - 3rd Dec 20
Poundland Budget Christmas Decorations Shopping 2020 to Beat the Corona Economic Depression - 3rd Dec 20
What is the right type of insurance for you, and how do you find it? - 3rd Dec 20
What Are the 3 Stocks That Will Benefit from Covid-19? - 3rd Dec 20
Gold & the USDX: Correlations - 2nd Dec 20
How An Ancient Medicine Is Taking On The $16 Trillion Pharmaceutical Industry - 2nd Dec 20
Amazon Black Friday vs Prime Day vs Cyber Monday, Which are Real or Fake Sales - 1st Dec 20
The No.1 Biotech Stock for 2021 - 1st Dec 20
Stocks Bears Last Chance Before Market Rally To SPX 4200 In 2021 - 1st Dec 20
Globalists Poised for a “Great Reset” – Any Role for Gold? - 1st Dec 20
How to Get FREE REAL Christmas Tree 2020! Easy DIY Money Saving - 1st Dec 20
The Truth About “6G” - 30th Nov 20
Ancient Aztec Secret Could Lead To A $6.9 Billion Biotech Breakthrough - 30th Nov 20
AMD Ryzen Zen 3 NO UK MSRP Stock - 5600x, 5800x, 5900x 5950x Selling at DOUBLE FAKE MSRP Prices - 29th Nov 20
Stock Market Short-term Decision Time - 29th Nov 20
Look at These 2 Big Warning Signs for the U.S. Economy - 29th Nov 20
Dow Stock Market Short-term and Long-term Trend Analysis - 28th Nov 20
How To Spot The End Of An Excess Market Trend Phase – Part II - 28th Nov 20
The Gold Stocks Correction is Maturing - 28th Nov 20
Biden and Yellen Pushed Gold Price Down to $1,800 - 28th Nov 20
Sheffield Christmas Lights 2020 - Peace Gardens vs 2019 and 2018 - 28th Nov 20
MUST WATCH Before You Waste Money on Buying A New PC Computer System - 27th Nov 20
Gold: Insurance for Prudent Investors, Precious Metals Reduce Risk & Preserve Wealth - 27th Nov 20
How To Spot The End Of An Excess Market Trend Phase - 27th Nov 20
Snow Falling Effect Christmas Lights Outdoor Projector Amazon Review - 27th Nov 20
4 Reasons Why You Shouldn't Put off Your Roof Repairs - 27th Nov 20
Further Clues Reveal Gold’s Weakness - 26th Nov 20
Fun Things to Do this Christmas - 26th Nov 20
Industries that Require Secure Messaging Apps - 26th Nov 20
Dow Stock Market Trend Analysis - 25th Nov 20
Amazon Black Friday Dell 32 Inch S3220DGF VA Curved Screen Gaming Monitor Bargain Deal! - 25th Nov 20
Biden the Silver Bull - 25th Nov 20
Inflation Warning to the Fed: Be Careful What You Wish For - 25th Nov 20
Financial Stocks Sector ETF Shows Unique Island Setup – What Next? - 25th Nov 20
Herd Immunity or Herd Insolvency: Which Will Affect Gold More? - 25th Nov 20
Stock Market SEASONAL TREND and ELECTION CYCLE - 24th Nov 20
Amazon Black Friday - Karcher K7 FC Pressure Washer Assembly and 1st Use - Is it Any Good? - 24th Nov 20
I Dislike Shallow People And Shallow Market Pullbacks - 24th Nov 20
Small Traders vs. Large Traders vs. Commercials: Who Is Right Most Often? - 24th Nov 20
10 Reasons You Should Trade With a Regulated Broker In UK - 24th Nov 20
Stock Market Elliott Wave Analysis - 23rd Nov 20
Evolution of the Fed - 23rd Nov 20
Gold and Silver Now and Then - A Comparison - 23rd Nov 20
Nasdaq NQ Has Stalled Above a 1.382 Fibonacci Expansion Range Three Times - 23rd Nov 20
Learn How To Trade Forex Successfully - 23rd Nov 20
Market 2020 vs 2016 and 2012 - 22nd Nov 20
Gold & Silver - Adapting Dynamic Learning Shows Possible Upside Price Rally - 22nd Nov 20
Stock Market Short-term Correction - 22nd Nov 20
Stock Market SPY/SPX Island Setups Warn Of A Potential Reversal In This Uptrend - 21st Nov 20
Why Budgies Make Great Pets for Kids - 21st Nov 20
How To Find The Best Dry Dog Food For Your Furry Best Friend?  - 21st Nov 20
The Key to a Successful LGBT Relationship is Matching by Preferences - 21st Nov 20
Stock Market Dow Long-term Trend Analysis - 20th Nov 20
Margin: How Stock Market Investors Are "Reaching for the Stars" - 20th Nov 20
World’s Largest Free-Trade Pact Inspiration for Global Economic Recovery - 20th Nov 20
Dating Sites Break all the Stereotypes About Distance - 20th Nov 20

Market Oracle FREE Newsletter

FIRST ACCESS to Nadeem Walayat’s Analysis and Trend Forecasts

Beware Of China And India

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

By: Andrew_McKillop


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


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

6 Critical Money Making Rules