“Most interesting is the observation that the Euro’s slide against the US$, is the near-perfect inverse image of the US-dollar’s climb against the Russian rouble. The emergence of militarist Russia, ready to aim its nukes at Europe, and a stranglehold over Europe’s energy supply, has triggered a mini-flight of capital from the Euro and the [...]
Posts Tagged ‘war’
Monetary Weapons II
Posted in History, tagged dollar, economy, euro, finance, war on September 15, 2008 | Leave a Comment »
Monetary Weapons
Posted in History, tagged dollar, ecb, economy, euro, fed, finance, hyperinflation, war on June 30, 2008 | Leave a Comment »
The downward spiral in the German bund market widened the Euro’s interest rtate advantage over the US dollar, leaving the greenback on shaky ground and vulnerable to speculative attack. Bernanke would be under heavy pressure to match a second ECB rate hike to 4.50%, to defend the value of the dollar. In essence, the ECB [...]
Weekly Lesson (3)
Posted in Miscellaneous, tagged River War, war, Winston Churchill on February 27, 2008 | Leave a Comment »
“No community embarks on a great enterprise without fortifying itself with the belief that from some points of view its motives are lofty and disinterested…Fanaticism is not a cause of war. It is the means which helps savage peoples to fight. It is the spirit which enables them to combine—the great common object before which [...]
Conquering Russia: The Holy Grail of Strategy
Posted in History, tagged Germany, Hitler, mongolians, Moscow, Napoleon, River War, Russia, strategy, war on February 11, 2008 | Leave a Comment »
One could find a multitude of similarities between Napoleon’s attack on Russia in 1812 and Germany’s attempt to conquer the Soviet Union in 1941. The similarities range from advances and victories on Russian soil to retreat in bitter cold and eventual defeat for the attacker.
But to understand the world one has to look beneath the [...]
