Implode-Explode Heavy Industries news feed Tracking the many faces of the global credit implosion. en-us iehi-feed-53735 Fri, 18 Apr 2014 22:35:39 GMT Bankers are Behind the Wars iehi-feed-53734 Fri, 18 Apr 2014 14:10:37 GMT US financial showdown with Russia is more dangerous than it looks, for both sides The strategy relies on hegemonic control over the global banking system, buttressed by a network of allies and the reluctant acquiescence of neutral states. Let us call this the Manhattan Project of the early 21st century...

[But] the US Treasury faces a more formidable prey with Russia, the world's biggest producer of energy with a $2 trillion economy, superb scientists and a first-strike nuclear arsenal. It is also tightly linked to the German and east European economies. The US risks endangering its own alliance system if it runs roughshod over friends. It is in much the same situation as Britain in the mid-19th century when it enforced naval supremacy, boarding alleged slave ships anywhere in the world, under any flag, ruffling everybody's feathers.

... Princeton professor Harold James sees echoes of events before the First World War when Britain and France imagined they could use financial warfare to check German power.He says the world's interlocking nexus means this cannot be contained. Sanctions risk setting off a chain-reaction to match the 2008 shock...

The greatest risk is surely an "asymmetric" riposte by the Kremlin. Russia's cyber-warfare experts are among the best, and they had their own trial run on Estonia in 2007. A cyber shutdown of an Illinois water system was tracked to Russian sources in 2011. We don't know whether US Homeland Security can counter a full-blown "denial-of-service" attack on electricity grids, water systems, air traffic control, or indeed the New York Stock Exchange, and nor does Washington.

iehi-feed-53686 Thu, 10 Apr 2014 21:43:06 GMT Putin turns up economic heat before Ukraine talks iehi-feed-53679 Thu, 10 Apr 2014 13:10:30 GMT Ukraine's Rust Belt Faces Ruin as Putin Threatens Imports President Vladimir Putin is threatening to halt Ukrainian imports as he tries to cool his neighbor's plans to integrate trade with Europe after the ouster of its Russian-backed leader in February. Ukraine's east, whose metals and machinery plants rely on demand over the border, has been rocked by pro-Russian separatists who've seized official buildings and taken hostages.

While the eastern regions of Luhansk, Donetsk, Kharkiv and Dnipropetrovsk are home to 28 percent of Ukraine's 45 million people, they accounted for almost half of industrial output in January-February, statistics service data show. Luhansk sends 70 percent of its exports to Russia, according to the service.

iehi-feed-53677 Wed, 09 Apr 2014 22:51:31 GMT Hersh: Turkey behind Syria sarin attack iehi-feed-53666 Mon, 07 Apr 2014 16:43:36 GMT Plans for EU gas flows to Ukraine could be blocked by Russia iehi-feed-53660 Sat, 05 Apr 2014 21:29:07 GMT Why Turkey Was Planning a False Flag Operation in Syria iehi-feed-53656 Sat, 05 Apr 2014 15:26:32 GMT Manila files South China Sea claim iehi-feed-53644 Fri, 04 Apr 2014 02:23:02 GMT Tour of Ukraine-Russia Border Finds No Signs of Military Buildup - NBC iehi-feed-53638 Wed, 02 Apr 2014 18:46:31 GMT Nato to keep expanding, suspends Russia ties iehi-feed-53637 Wed, 02 Apr 2014 18:43:35 GMT Russia reacts to JPMorgan Chase blocking diplomatic transfer on ‘sanctions' pretense iehi-feed-53636 Wed, 02 Apr 2014 15:35:33 GMT Have the Mega Banks Put the U.S. on Course for Another Crash? The Answer May Reside in Nomi Prins' New Book iehi-feed-53630 Tue, 01 Apr 2014 22:30:48 GMT Crimea: Too small to matter iehi-feed-53629 Mon, 31 Mar 2014 21:45:03 GMT Who is Vladimir Putin? iehi-feed-53628 Mon, 31 Mar 2014 21:40:57 GMT Russia Pulls Back Some Troops Amid Moves to Ease Crisis iehi-feed-53619 Sun, 30 Mar 2014 22:45:10 GMT Ukraine crisis: US and Russia ministers end Paris talks iehi-feed-53592 Wed, 26 Mar 2014 21:31:57 GMT Brazil, China, India rally round Russia after G7 snub; Block G20 Excommunication iehi-feed-53589 Wed, 26 Mar 2014 21:28:18 GMT Capital controls feared in Russia after $70bn flight iehi-feed-53536 Thu, 20 Mar 2014 02:51:01 GMT Syrian government forces take key border town from rebels; US shuts down Syrian embassy in DC With all the hubbub about Ukraine, one can easily forget the Syria situation is still ongoing and in play. Here's two relevant stories:

iehi-feed-53535 Thu, 20 Mar 2014 02:47:56 GMT Ron Paul: Crimea secedes. So what?