#bankrupt banks

[zee-man-chatter]

10 September 2024 by Larry Johnson

https://sonar21.com/why-the-west-lusts-after-ukraine-back-to-the-future/

Why the West Lusts After Ukraine — Back to the Future

[NOTE: I wrote the following piece more than two years ago — June 13, 2022, to be precise. While Ukraine has been shattered compared to what it was in February 2022, the following facts help explain why the West is so intent on controlling Ukraine.]

Until Joe Biden took office I thought that George W Bush had dibs on the “stupidest foreign policy blunder in history” award. His decision to invade Iraq rather than eliminate Al Qaeda hurt the United States and fueled international terrorism. But leave it to Joe Biden to one-up W by imposing sanctions on Russia that are inflicting an economic holocaust on the United States and Europe. Heck of a job, Joe.

The ostensible reason for “punishing” Russia with sanctions that actually pummel the west was Putin’s invasion of Ukraine. Now we all know that Ukraine was/is the poorest nation in Europe. Right?

Ukraine is one of the worst off countries after the collapse of the USSR. It is the poorest country in Europe despite having a huge aerospace industry, natural resources and some of the most fertile land for agriculture. During the communist era, Ukraine was the breadbasket of the Soviet Union. Despite all this, Ukrainians have experienced terrible famines such as the Stalinist Holodomor. Today, the situation is not much better. Apart from enduring a war with Russia, its political system is particularly corrupt. Almost the entire economy is in the hands of big oligarchs: millionaires who amass fortunes thanks to their connections with political power.

Let me share with you some critical facts about Ukraine and its economic potential. When you consider these facts you will likely wonder why Ukraine is not one of the richest nations in Europe.

UKRAINE IS:

🌐 1st in Europe in proven recoverable uranium ore reserves; 2nd place in Europe and 10th place in the world in titanium ore reserves; 2nd place in the world in terms of explored reserves of manganese ores (2.3 billion tons, or 12% of world reserves); The 2nd largest iron ore reserves in the world (30 billion tons); 2nd place in Europe in mercury ore reserves; 🌐 3rd place in Europe (13th place in the world) in terms of shale gas reserves (22 trillion cubic meters) 🌐 4th place in the world in terms of the total value of natural resources; 7th place in the world in coal reserves (33.9 billion tons)

Ukraine is an important agricultural country: 🌐 1st in Europe in terms of arable land area; 🌐 3rd place in the world by the area of chernozem (25% of the world volume); 🌐 1st place in the world in the export of sunflower and sunflower oil; 2nd place in the world in barley production and 4th place in barley export; 🌐 3rd largest producer and 4th largest exporter of corn in the world; 🌐 The 4th largest potato producer in the world; The 5th largest rye producer in the world; 5th place in the world for honey production (75,000 tons); 8th place in the world in wheat exports; 9th place in the world in the production of chicken eggs; 🌐 16th place in the world in cheese exports.

Ukraine can meet the food needs of 600 million people.

Ukraine was an important industrially developed country: 🌐 1st in Europe in ammonia production; The 2nd and 4th largest natural gas pipeline systems in the world; 🌐 3rd largest in Europe and 8th in the world in terms of installed capacity of nuclear power plants; 3rd place in Europe and 11th in the world in terms of the length of the railway network (21,700 km); 🌐 3rd place in the world (after the USA and France) in the production of locators and navigation equipment; 🌐 3rd largest iron exporter in the world; 🌐 The 4th largest exporter of turbines for nuclear power plants in the world; 🌐 The world’s 4th largest manufacturer of rocket launchers; 🌐 4th place in the world in clay exports; 🌐 4th place in the world in titanium exports; 8th place in the world in the export of ores and concentrates; 9th place in the world in the export of defense industry products; 🌐 The 10th largest steel producer in the world (32.4 million tons).

I found this list stunning. A country with these natural riches should be on top of the world economically. But Ukraine lags the rest of Europe. The explanation is simple–western politicians and businessmen, such as Mitt Romney, John Kerry, Joe Biden, Nancy Pelosi, John McCain and a legion of others, have their hooks in Ukraine and are expropriating Ukrainian wealth for their own enrichment.

Consider the fact that Ukraine is the 4th largest exporter of titanium. What are the major products that rely on titanium?

Aerospace industry–In western countries, such as the United States, 60% of titanium materials are used in the aerospace field. However, with the rapid development of Asian aerospace in recent years, the consumption of titanium in the aerospace field will increase accordingly.

Automobile industry–The preferred way to reduce the weight of automobiles is to replace traditional automotive materials such as steel with high-strength lightweight materials such as aluminum, magnesium, and titanium.

Medical industry—Titanium has a wide range of applications in the medical field. Titanium is close to human bones, has good biocompatibility to human tissues, and has no toxic side effects. Human implants are special functional materials that are closely related to human life and health. Compared with other metal materials, the advantages of using titanium and titanium alloys are mainly the following: lightweight, low elastic modulus, non-magnetic, non-toxic, corrosion resistance, high strength, and good toughness.

Chemical industry–Titanium has become one of the main anti-corrosive materials in chemical equipment and has established his corrosion resistance status in chemical equipment. As an ideal material in chemical equipment, titanium has also attracted more and more attention from engineering technicians.

Marine engineering—Titanium has excellent corrosion resistance to seawater and is widely used in seawater desalination, ships, marine thermal energy development, and subsea resource extraction.

Sports industry–Titanium is used in sporting goods because of its lightweight and high strength. The use of titanium has gradually expanded from the earliest tennis rackets and badminton rackets to golf heads, clubs, and racing cars.

With this bounty of natural resources Ukraine, in theory, should have been in the catbird’s seat and surpassed Germany as an economic powerhouse. But corruption and insider dealing took precedence and the Ukrainian people suffered while the Biden, Clinton, Kerry and Romney families enriched themselves.

I have not yet done the deep dive on the portions of Ukraine that produce these various minerals and chemicals, but I suspect much of the territory Russia is occupying in Ukraine is where many of these riches are located. Given what Putin has accomplished in Russia during the last 20 years in wresting monopoly control from the hands of insatiable oligarchs and well-connected western politicians and corporations, I am betting that those portions of Ukraine that are now positioned to become part of Russia will have a brighter, richer future.

This will only make Russia stronger economically. Matt Bowen and Paul Babbar, writing in The Hill, identify a potentially dire challenge the west faces on the nuclear power front:

Western leaders need to immediately consider their exposure to Russian nuclear exports and take steps to reduce it or face another energy shock at the hands of Putin. There are several segments of the commercial nuclear value chain where a Russian supplier could impact the availability of a reactor in the West to provide power. For nuclear fuel, these include uranium mining and milling, conversion, enrichment and fuel fabrication. For existing Russian-designed reactors, they include providing unique original equipment manufacturer spare parts and services. Russia has a significant market share in many of those pieces of the nuclear supply chain through its state-owned nuclear company Rosatom. For that reason, various countries around the world are caught in a challenging situation, including the U.S. They may want to extricate themselves from buying nuclear energy supplies from Rosatom to reduce supply chain risk and to stop sending money to Russia, but at the same time, they currently rely on Russian services and materials to run their reactors. 

https://thehill.com/opinion/energy-environment/3519264-whats-at-risk-due-to-russias-nuclear-power-dominance/

If you have labored under the false narrative that Russia is an economic midget trying to play with the so-called “first world big boys”, these facts show that you have been fed a massive, false narrative. Russia’s natural resources exceed those of Ukraine. A united Russia and Ukraine represents a true economic powerhouse. Those two countries actually make things and have the internal resources necessary to produce them. The United States and Europe do not. And there are no stashes of alternative supplies in other countries capable of replacing what Russia and Ukraine mine and harvest. This is why the United States and Europe are desperate to weaken Russia. The writing is on the wall for all to read.

[NOTE: I did not include the following videos in my original article, but I think they are useful in helping you understand the financial importance of the Donbass.]

Alistair Crooke said that the purpose for taking Ukraine was to recapitalize western banks. I will do a post on that situation soon.

[collegeboysam]

this is hilarious when you consider it was castiel who went to superhell for being in love with dean while samdean went to heaven to incest openly

[jordanshenessy]

The urge to pull c6 kazuha was so strong but then Sarah was like do NOT spend ur money we have a new banner system and also I’ll log you out and change the password if u do JSJSSNSJ

[florallylly]

steve harrington dominating at monopoly but only because he's so good at cheating

[mogikarp]

following stand and fight with turn and run is genius and also a little bit devastating actually

[amphibiangeorgerussel]

man i hope williams go bankrupt and liquidate 😭😭

[fluffypotatey]

If it was a penny for everytime he thinks about wukong he could solve world hunger six times

he’d solve world hunger by bankrupting the world’s economy with his pennies that people would be forced to establish a new trading economic system

[maraeffect]

you know, i REALLY want to start working on a giant crochet blanket, but i'm afraid i'll lose interest in the two months it'll take me to do it 😭😭😭 and also blanket yarn is RIDICULOUSLY expensive !!!! WHY.

[skitskatdacat63]

Big thanks to Seb for destroying my bank account twice in a month, thank you, very happy very pleased

[transparentgentlemenmarker]

Mystère à Londres 🇬🇧. Au centre de Loughborough/Leicester un violent incendie s’est déclenché dans le bâtiment de la banque HSBC, qui a récemment acheté la division britannique de la faillite Silicon Valley Bank (SVB). In the center of Loughborough a violent fire broke out in the building of HSBC bank, which recently bought the British branch of the bankrupt SVB

March 17 2023

[kyliafanfiction]

Hi Kylia, owning a bookstore is a dream of mine & if you haven't already answered this question, I wanted to know how you achieved it :) Hope you're having a great day

I got very lucky. For one, I'm fortunate enough to have parents that, while far from rich, have been prudent with their investments and their savings, and support my desire to own a bookstore. And for another, they were willing to loan me (with minimal interest and flexible payment schedule) the remainder of the money needed to buy an existing store. Banks tend to shy away from something like an independent bookstore, and it's not like I would have had a lot of hard data to give the bank about how I'll be able to pay back the loan with interest on a monthly pattern. (My parents do want their money back, but they accept that some months - like January, given the post Christmas slump - will be less good in sales than others, and so like I said, flexible payment)

I won't pretend I didn't trip and fall on a pile of Christmas there. I'm very lucky and I won't claim otherwise.

Another big lucky thing was a bookstore going for sale, in the town where my mother lived and worked. So I had some options for where to live while I got housing in the town sorted, and so that meant I could afford to put just about all the money I had into the store - quite literally. During the two months or so between signing the paperwork and the store actually becoming mine, I moved all my stuff, found a rental, and got situated, but I was for all intents and purposes broke when I actually took over the store on the first day. I was panicking on if I'd be able to actually pay my rent in time from store sales that first week. (Rent was due on the 1st, but no late fees charged until the 8th so...) But I also knew that if something did happen, housing wise, I could crash in the guest room at my mothers place. Having a fallback option, makes you really able to take a risk and stops you from stressing yourself into a heart attack quite as badly.

I did end up making rent, btw. I was lucky my first two months were November and December (among the best months of the year for the store historically and still holding true).

The third bit of luck is that the previous offer to buy the store had fallen through at just the right time, and so the owner was in the mood to accept what I could put together - which was still a lot, but less than the previous offer had been.

I got super duper lucky, and I won't pretend otherwise. I always imagined my bookstore would have to come when I was in my 50s or 60s when I'd scrimped and saved my way into starting from scratch. But when the opportunity landed, and I talked things over with my parents and they were willing (thank fuck) to take a chance on me

So I don't really have any good advice. "Have Upper Middle Class Parents That Are Willing To Support Your Dream" isn't exactly something someone can just 'do'. But maybe... look around. Check to see if any bookstores in the area around you, or an area you could move to are for sale. Make sure you have some kind of safety fallback if it all goes through, see if you can get some help. And plan better than I did, because the whole thing happened pretty quick and I won't pretend I knew what I was doing at first, despite trying to plan ahead of time.

[vertoludum]

contemplating suicide bc there's not a single chocolate based treat in this god forsaken apartment and im too broke to buy some

[minnesotafollower]

Another Perspective on the Failure of the Cuban Economy

Emilio Morales, a Cuban-American and President & CEO of Havana Consulting Group, a Miami-based consulting firm specializing in market intelligence and strategy for U.S. and non-U.S. persons doing business in Cuba, offers a blistering appraisal of the current status of the Cuban economy.[1] He begins his article with the following statement: “The Cuban government’s announcement that it is in a…

[29121996]

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[gajananjogdand45]

https://marmikmaharashtra.com/massive-march-of-depositors-of-bankrupt-banks-to-the-office-of-the-divisional-commissioner/

[mariasabanahabanabana]

Yo tras el anuncio en cines de. "The eras tour" (ni modo, tocó hacer de nuevo anillos de papel - pins)

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Ing

Me after the announcement in theaters of "The eras tour" (anyway, it was time to make paper rings [again] - pins [4 first time])

Port

Eu depois do anúncio nos cinemas da “The eras tour” (enfim, era hora de fazer anéis de papel [de novo] - pins [por primeira vez])