Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-54858 Tue, 02 Sep 2014 19:55:27 GMT Russia and the SCO Military Exercises http://implode-explode.com/viewnews/2014-09-02_RussiaandtheSCOMilitaryExercises.html iehi-feed-54857 Tue, 02 Sep 2014 17:08:07 GMT Intel Veterans Warn Merkel on Russia Demonization in Open Letter http://implode-explode.com/viewnews/2014-09-02_IntelVeteransWarnMerkelonRussiaDemonizationinOpenLetter.html iehi-feed-54856 Tue, 02 Sep 2014 13:22:30 GMT US lobby concerned China probes unfair http://implode-explode.com/viewnews/2014-09-02_USlobbyconcernedChinaprobesunfair.html iehi-feed-54855 Tue, 02 Sep 2014 13:06:26 GMT Putin breaks ground on Russia-China gas pipeline, world's biggest http://implode-explode.com/viewnews/2014-09-02_PutinbreaksgroundonRussiaChinagaspipelineworldsbiggest.html iehi-feed-54854 Tue, 02 Sep 2014 13:05:04 GMT Gorbachev Criticizes West on Ukrainian Conflict http://implode-explode.com/viewnews/2014-09-02_GorbachevCriticizesWestonUkrainianConflict.html iehi-feed-54853 Tue, 02 Sep 2014 13:03:58 GMT Russia demands publication of recordings from downed flight MH17 http://implode-explode.com/viewnews/2014-09-02_RussiademandspublicationofrecordingsfromdownedflightMH17.html iehi-feed-54848 Tue, 02 Sep 2014 12:39:18 GMT Pepe Escobar - Obama's 'stupid stuff' legacy http://implode-explode.com/viewnews/2014-09-02_PepeEscobarObamasstupidstufflegacy.html iehi-feed-54846 Mon, 01 Sep 2014 18:36:38 GMT Washington's "Pivot" hits a Brick Wall. Obama's "Catastrophic Defeat" in Ukraine http://implode-explode.com/viewnews/2014-09-01_WashingtonsPivothitsaBrickWallObamasCatastrophicDefeatinUkraine.html iehi-feed-54845 Mon, 01 Sep 2014 16:47:16 GMT More Sanctions: Europe Will Ban Purchase Of Russian Bonds; However Russian Gas Exports Remain Untouched http://implode-explode.com/viewnews/2014-09-01_MoreSanctionsEuropeWillBanPurchaseOfRussianBondsHoweverRussianGa.html iehi-feed-54844 Sun, 31 Aug 2014 19:24:34 GMT Beijing rejects full Hong Kong democracy http://implode-explode.com/viewnews/2014-08-31_BeijingrejectsfullHongKongdemocracy.html ``The National People's Congress Standing Committee (NPCSC) - China's top legislative committee - decided that the city's next chief executive will be elected by popular vote in 2017, but only after each candidate is approved by a majority of a 1,200-member election committee.

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Analysts argue that the move will effectively limit the selection of candidates to pro-Beijing figures and dash hopes for real democratic elections in the special administrative region and former British colony.

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According to Daly, Beijing's decision also reflects the Chinese leadership's belief that only the Communist Party "can provide the economic and social stability required for China's continued development," At his press conference explaining the move, the NPCSC's deputy general secretary, Li Fei, contrasted the stability provided by the Communist Party with the "chaos" he said would ensue if democracy activists had their way. He framed the decision as a defense of Hong Kong's prosperity.

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iehi-feed-54840 Sun, 31 Aug 2014 15:04:14 GMT Henry Kissinger on the Assembly of a (New) New World Order http://implode-explode.com/viewnews/2014-08-31_HenryKissingerontheAssemblyofaNewNewWorldOrder.html The clash between the international economy and the political institutions that ostensibly govern it also weakens the sense of common purpose necessary for world order. The economic system has become global, while the political structure of the world remains based on the nation-state. Economic globalization, in its essence, ignores national frontiers. Foreign policy affirms them, even as it seeks to reconcile conflicting national aims or ideals of world order.

This dynamic has produced decades of sustained economic growth punctuated by periodic financial crises of seemingly escalating intensity: in Latin America in the 1980s; in Asia in 1997; in Russia in 1998; in the U.S. in 2001 and again starting in 2007; in Europe after 2010. The winners have few reservations about the system. But the losers--such as those stuck in structural misdesigns, as has been the case with the European Union's southern tier--seek their remedies by solutions that negate, or at least obstruct, the functioning of the global economic system.

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For the U.S., [a new international order] will require thinking on two seemingly contradictory levels. The celebration of universal principles needs to be paired with recognition of the reality of other regions' histories, cultures and views of their security. Even as the lessons of challenging decades are examined, the affirmation of America's exceptional nature must be sustained. History offers no respite to countries that set aside their sense of identity in favor of a seemingly less arduous course. But nor does it assure success for the most elevated convictions in the absence of a comprehensive geopolitical strategy.

It looks like Kissenger is backing off the "hyperpower" model of American exceptionalism here. While he gives lip service to America's taken-for-granted "exceptional" nature, now this apparently must be balanced against "other region's histories, cultures and views of their security". That sounds a lot like... hmm... let us think... Russia. So it appears the international establishment might think the Russia-bashing has gone a bit too far... maybe there is concern about an imminent 2008-Georgia-esque rout looming...

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iehi-feed-54839 Sun, 31 Aug 2014 14:51:13 GMT "Russia Invades Ukraine", Strategic NATO Public Relations Stunt. Where are the Russian Tanks? - Michel Chossudovsky http://implode-explode.com/viewnews/2014-08-31_RussiaInvadesUkraineStrategicNATOPublicRelationsStuntWherearethe.html iehi-feed-54837 Sun, 31 Aug 2014 02:35:26 GMT Iraq conflict: Kurds 'recapture oilfields from IS' http://implode-explode.com/viewnews/2014-08-30_IraqconflictKurdsrecaptureoilfieldsfromIS.html iehi-feed-54836 Sun, 31 Aug 2014 02:33:50 GMT U.K. Wants EU to Block Russia From SWIFT Banking Network http://implode-explode.com/viewnews/2014-08-30_UKWantsEUtoBlockRussiaFromSWIFTBankingNetwork.html iehi-feed-54835 Sun, 31 Aug 2014 02:32:32 GMT Oil tanker with $100 million Kurdish cargo goes missing off Texas coast http://implode-explode.com/viewnews/2014-08-30_Oiltankerwith100millionKurdishcargogoesmissingoffTexascoast.html iehi-feed-54829 Fri, 29 Aug 2014 17:33:32 GMT JPMorgan and Other Banks Struck by Hackers http://implode-explode.com/viewnews/2014-08-29_JPMorganandOtherBanksStruckbyHackers.html iehi-feed-54827 Fri, 29 Aug 2014 17:28:39 GMT Russian Incursion? - 3 Articles http://implode-explode.com/viewnews/2014-08-29_RussianIncursion3Articles.html Did they or didn't they? 3 Articles on this topic:

1. Russian Envoy: 9 Detained Paratroopers are Only Russian Troops in Ukraine:

Putin noted that Ukrainian forces have crossed the Russian border several times in the past in larger numbers. The Russian leader added that such incidents with the Ukrainian forces was never a problem for Russia and expressed hope that in the case of Russian paratroopers, it will not be a problem for Ukraine.

2. NATO Releases Satellite Imagery "Proof" That Russia Has Invaded Ukraine (any independent military analysts want to evaluate this??).

3. Washington Piles Lie Upon Lie -- Paul Craig Roberts:

``Putin has invested heavily in diplomacy backed by unprovocative behavior. He would not risk his bet on diplomacy by sending in troops too few in number to have a decisive effect on the outcome.''

We report. You decide.

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iehi-feed-54826 Fri, 29 Aug 2014 17:19:18 GMT EU widens aid to dairy exporters hit by Russia food ban http://implode-explode.com/viewnews/2014-08-29_EUwidensaidtodairyexportershitbyRussiafoodban.html iehi-feed-54825 Fri, 29 Aug 2014 01:25:22 GMT ​From Minsk to Wales, Germany is the key on Ukraine Conflict - Pepe Escobar http://implode-explode.com/viewnews/2014-08-28_FromMinsktoWalesGermanyisthekeyonUkraineConflictPepeEscobar.html iehi-feed-54822 Thu, 28 Aug 2014 15:36:42 GMT One World, One Bank, One Currency - Rickards http://implode-explode.com/viewnews/2014-08-28_OneWorldOneBankOneCurrencyRickards.html Leading the way, says Rickards, will be the International Monetary Fund. "The task of re-liquefying the world will fall to the IMF because the IMF will have the only clean balance sheet left among official institutions. The IMF will rise to the occasion with a towering issuance of SDRs, and this monetary operation will effectively end the dollar's role as the leading reserve currency."

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A 42-page IMF paper published in January 2011 with the innocuous-sounding title "Enhancing International Monetary Stability -- A Role for the SDR?" -- lays out what Rickards describes. "A multiyear, multistep plan to position the SDR as the leading global reserve asset. The study recommends increasing the SDR supply to make them liquid and more attractive to potential private-sector market participants such as Goldman Sachs and Citigroup... The IMF study recommends that the SDR bond market replicate the infrastructure of the U.S. Treasury market, with hedging, financing, settlement and clearance mechanisms substantially similar to those used to support trading in Treasury securities today."

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The genius of the scheme is that the SDRs would create inflation... but ordinary people wouldn't know SDRs were causing it. "Any inflation caused by massive SDR issuance would not be immediately apparent to citizens. The inflation would show up eventually in dollars, yen and euros at the gas pump or the grocery, but national central banks could deny responsibility with ease and point a finger at the IMF."

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