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The Forum > General Discussion > Turnbull gives US the heave-ho

Turnbull gives US the heave-ho

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Classic, Arjay.

>>China and Russia are winning the peace through real production and taking control of their banking systems.<<

Russia's economy is officially a basket case.

"Russia’s economy is teetering on the verge of recession. The central bank says it expects the next two years to bring no growth. Inflation is on the rise. The rouble has lost 30% of its value since the start of the year, and with it the faith of the country’s businessmen."

http://www.economist.com/news/briefing/21633816-more-decade-oil-income-and-consumer-spending-have-delivered-growth-vladimir-putins

"The economy is expected to contract by a whopping 3.5 to 4 percent in 2015 against bad, but not overly serious inflation of 15 percent. What's more, experts from the World Bank, International Monetary Fund, investment banks, government agencies, the Finance Ministry, Economic Development Ministry and the Central Bank — all predict the same thing: another year of moderate economic decline followed by a slight recovery and then stagnation for the foreseeable future."

http://www.themoscowtimes.com/opinion/article/no-good-news-for-russias-economy/538862.html

And your concept of China having control over its banking system also needs closer scrutiny...

"Chinese banks are facing their worst year in more than a decade as they try to push bad loans off their books. Profit growth at Chinese banks slowed significantly during the first half of 2015 compared with the first quarter. The nation’s largest lender by assets, Industrial & Commercial Bank of China Ltd., reported net-profit growth of 0.6% in the first half from a year earlier. By contrast, its first-quarter profit grew 1.4% from a year earlier, while its first-half 2014 profit grew 7% from the same period in 2013."

http://www.wsj.com/articles/s-p-says-chinas-banks-face-growing-risk-from-bad-debt-1442837903

But hey, facts have never stood in the way of your conspiracy-nut theories before, have they.
Posted by Pericles, Wednesday, 25 November 2015 9:31:09 AM
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Pericles; Russia is in difficulty with its economy mainly because of
the $US40 for oil. Russia has been having financial trouble for
sometime and is expected to join Japan in a recession.

As I said earlier you have to read what Arjay writes carefully but
there is often a gem in there somewhere.
Posted by Bazz, Wednesday, 25 November 2015 3:37:23 PM
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The turning point of aggression towards Russia was when it took control of it's Rothschild controlled Central Bank. This was when Russia and Putin were demonised. They did not want to be controlled by the New World Order of central banking fascism.

Russia is in great shape compared to the West,since it owes little to the central bankers just like China. While there is internal debt their external debt is small and they are autonomous unlike all Western Countries who have debt from half their GDP to twice their GDP owning to these central banker criminals who create our debt from nothing.

The downing of the Russian fighter is very serious business.The West is trying to goad Russia into WW3.The lunatics are mostly on our side.
Posted by Arjay, Wednesday, 25 November 2015 5:06:26 PM
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Dear Arjay,

I'm quite concerned about the things you are claiming. You aren't by any chance hearing voices in your head are you?
Posted by Mr Opinion, Wednesday, 25 November 2015 5:45:34 PM
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Mr Opinion ad hominem is the attack of those who have no logic or facts to back up their assertions. You have presented not logic or facts to the contrary of what I've presented.

Suggest you view my links and do some real analysis.
Posted by Arjay, Wednesday, 25 November 2015 6:33:32 PM
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Mr O, Arjay is not alone in what he believes to be the facts, I for one agree. True, the turning point of aggression towards Russia was when it took control of it's Rothschild controlled Central Bank. The latest shooting down of a Russian fighter over Syria by Turkey, with US backing which cannot be denied, as the jet crashed in Syria.Russia is very much a target of ISIS and the anti Assad rebels, who are being backed by the US It was a US missile used by the rebels to blow up a Russian rescue helicopter, killing one Russian. The rebels also took the two Russians who ejected safely from the fighter, their fate is unknown but were most likely murdered.
Posted by Paul1405, Wednesday, 25 November 2015 6:51:23 PM
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