EconWatch.com > As Expected, Global Economy Heading Into Tank

ClusterStock[ClusterStock] One reason we've been bearish about the US economy and stock market is that we've never bought the "decoupling" theory. And, slowly but surely, the global economic superpowers appear to be falling in line behind the United States:

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www.truthring.orghttp://www.truthring.org/2008/08/economy-of-the-living-dead/ [www.truthring.org] Economy of the Living Dead: As the destruction of the Illuminist’s financial power base has transpired, rising superpowers Russia and China have stood by laughing hysterically as the Illuminati have bungled their way through wars in Iraq and Afghanistan in pursuance of the phony “War on Terror.” Russia and China must be smiling like the cat that ate the proverbial canary as they have watched the inept, inane forces of “Chaos”

World Affairs Boardhttp://www.worldaffairsboard.com/south-ossetia-conflict/46173-clumsy-russia.html [World Affairs Board] Clumsy Russia: with nearly zero ideological, cultural or transformative influence in the world. A superpower that continues to lag behind in the new knowledge economy, and refuses to undertake much needed liberalization so its services industry can catch up with upstart rivals in Eastern Europe and Latin America, and by so doing help reinvigorate a countryside withering from the decimation of unproductive heavy industry.

stormwarning's Counterterrorism[stormwarning's Counterterrorism] Uncle Vlad, Cousin Mahmoud and Cousin Pervez: Putin is not bluffing.  He goes to Iran in spite of the assassination threat?  I’ve been making the point for quite some time now that Putin is tired of the U.S. being the only Superpower”¦he is reasserting the Russian Bear”¦and frankly, in his plans of installing his own man as his replacement, and leaving the path open for his own return, possibly even laying the groundwork for another “long term” Russian leader (read that “dictator”).  I have made it very clear that I believe we are the verge of a new Cold War.

Dandelion Saladhttp://dandelionsalad.wordpress.com/2008/08/14/will-american-insouciance-destroy-the-world-by-paul-craig-roberts/ [Dandelion Salad] Will American Insouciance Destroy the World? By Paul Craig Roberts: It is a bankrupt farce run by imbeciles who were installed by stolen elections arranged by Karl Rove and Diebold. It is a laughing stock, that ignorantly affronts and attempts to bully an enormous country equipped with tens of thousands of nuclear weapons.

OLD AND IN THE WAYhttp://sank63.wordpress.com/2008/08/13/who-let-the-bear-out/ [OLD AND IN THE WAY] Who let the Bear out?: The message to NATO and more especially the United State- We’re sick if you meddling, we’re sick of being ignored on the world affairs, we’re sick of American interference in what we see as internal Russian affairs. Sponsoring a revolution in the Ukraine for example, arming and training Georgian troops, putting anti missile technology in Poland and the Czech Republic.

SWJ Bloghttp://smallwarsjournal.com/blog/2008/08/15-august-flash-point-south-os/ [SWJ Blog] 15 August Flash Point: South Ossetia (15 August): “The Russians were prepared to take advantage of an opportunity.” The Russian air, land and sea attacks against Georgia went far beyond asserting the Russian view of the autonomy of Abkhazia and South Ossetia. The Russians, Gates said, wanted “to punish Georgia for daring to try to integrate with the West economically and politically and in security arrangements.” The Russian military action was directed against Georgia, but Kremlin leaders wanted nations in all parts of the former Soviet Union to understand the dangers of integrating with the West, Gates said.

Wizbang[Wizbang] Georgia On My Mind, Part II: Senator McCain has recommended expelling Russia from the G-8, the eight leading industrial and economic powers of the world (the other seven being the United States, Canada, Germany, France, Japan, the United Kingdom, and Italy, as well as the European Union collectively). That would be a good move, I think;

SWJ Bloghttp://smallwarsjournal.com/blog/2008/08/14-august-flash-point-south-os/ [SWJ Blog] Flash Point: South Ossetia (14 August): President Bush today warned Russia to honor a cease-fire agreement in its conflict with Georgia, saying that reports of ongoing military actions by Moscow "raise serious questions about its intentions" and threaten its standing in the world. In a brief statement in the Rose Garden at the White House, Bush said he is sending Secretary of State Condoleezza Rice to Paris for negotiations over the conflict, and then to Tbilisi to "convey America's unwavering support for Georgia's democratic government." A massive humanitarian relief effort is also underway, using US military planes and ships, Bush said.

Dismantle Civilisation[Dismantle Civilisation] russia and georgia: all about oil: One of the privileges of being a Russian citizen at this stage, when Russia has recovered from its political and economic woes following the Soviet collapse, is that if some foreign entity comes and shells a settlement full of Russian citizens, you can be sure that Russia will open one amazingly huge can of whoop-ass on whoever it feels is responsible. Add to that the atrocities allegedly perpetrated by the Georgian forces, such as finishing off wounded Russian peacekeepers, and you can see why the normally shy and reticent Russian army might get behind the idea of making sure Georgia no longer poses a military threat to anyone.

SWJ Bloghttp://smallwarsjournal.com/blog/2008/08/13-august-flash-point-south-os/ [SWJ Blog] Flash Point: South Ossetia (13 August): America effectively resigned from the much-reviled role of lone superpower five years ago, after toppling the Taliban in Afghanistan in 2002, and defying the Oil-for-Food devotees at the United Nations to overthrow the tyranny of Saddam Hussein in Iraq in 2003. Since then, President Bush, to his credit, has stuck with the fight in Afghanistan and Iraq - a display of determination and firepower which goes far to explain why almost seven years have passed since September 11 without another major attack on US shores.

culturekitchen - fresh dissent served dailyhttp://culturekitchen.com/mole333/blog/the_trans_caucasus_conflict_bush_poked_the_bear [culturekitchen - fresh dissent served daily] The Trans-Caucasus Conflict: Bush Poked the Bear Once Too Often: The collapse of the Soviet Union seemed decisive, but really it seems it did not end the Russia/US conflict over dominance. The expansion of NATO into formerly Warsaw Pact nations was a deliberate, and largely smart, expression of US victory in the Cold War.

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