I’m certain that what’s now on-going, is a new chapter in history, but it’s gradually happening, and I am certain, the eventual bankruptcy of both Russia and China will happen. The possibility that two men can individually destroy two huge nations, puts Hitler in the kindergarten class. Hitler had the unswerving loyalty of the Germans, at least at first, and even partially, to Germany’s end. The same is true with Russia and China, and both are witnessing an increase in lack of approval and trust.
The first thing we must realize, is than communism, and socialism cannot succeed, other than for a brief interlude. History doesn’t lie, and neither form of government or paper money, has ever succeeded for a long term. As Maggie Thatcher said, “The trouble with socialism, is that eventually you run out of other people’s money.” Joe Stalin’s USSR lasted fifty years at its best, and a twenty-five year death dive into perdition, killing an estimated thirty million, most of which starved to death. How and why did they starve? Was it because the USSR and its slave states had no farm lands? Water shortages? Fertilizer shortages? Labor shortages? None of them. Joe Stalin’s communist police state, took over the farms, and government bureaucrats told farmers what to plant, and how to grow it under government’s dictates, with huge penalties for disobedience. Farmers did exactly as was forced. Huge swarms of bureaucrats checked the farms and farmers, and thousands were jailed for disobedience. No private gardens were permitted, or freedom of any kind.
Under Stalin’s USSR, private property, individually owned farms, freedom and capitalism were illegal, and the very concept of profit was unheard of, because it sounded like wicked America. Think of the refrigerator I mentioned in one of my books. Suppose government made all refrigerators and none other than government manufactured ones were allowed. Just like food production in Stalin’s time, with total control of government, refrigerators would be of poor quality, wouldn’t last long, would be expensive to operate, and wouldn’t get very cold. Translate refrigerators into farms and food production under ‘Uncle Joe,’ and the result was starvation, and sheer misery. The entire ‘Union of Soviet Socialist Republics’ (USSR) was born under Stalin in 1917, and began to crumble when he died in 1953, with the beginning of the ‘cold war.’ The USSR ended with total bankruptcy in 1991, freeing its slave states from communism, with rare exceptions, to their relief.
Copying Stalin, Putin, Russia’s current leader, who was not elected, but was ‘appointed’ in 1999, from his beginning, has been attempting to return Russia, and the former enslaved states, into a re-born USSR. Putin’s government now controls all radio and TV, and the Russian tyranny grows like Topsy daily. Putin did a couple successful attempts at USSR re-generation, with seemingly no forceful objection, in part of Georgia in 2008, and then Crimea in 2014. He thought the coast was clear, and now his first major attempt to resurrect the USSR, is Ukraine. Unlike his immediate predecessor, who wanted to turn Russia into a semi-free, semi-capitalistic nation, steely eyed Putin, with not a milligram of fairness, justice, or humanity, is destroying Ukraine, in a feeble effort to bring the USSR back from the cemetery, into a copy of Stalin’s thirty million dead and total slavery. In his latest effort, Putin bit off far more than he can chew. Putin, must actually believe that a totalitarian state works, even though history will prove him in gross error, after he destroys Russia.
On the other side of the world, look at China’s Xi, who like Russia’s Putin, is attempting to resurrect Chairman Mao’s slave state, with tens of millions dead and the ‘Red Guards’ instilling fear in everyone. Neither China nor Russia, are capable of building a decent automobile or airplane, and everything they have has been basically stolen from a free nation such as the UK or America. China’s Xi, who has recently been given a lifetime appointment, has publicly stated that his goal is to resurrect Chairman Mao’s murderous dictatorship! China is on the verge of total bankruptcy, even though the major media fail to notice it or report, what to me anyway, the obvious fact. China’s economy, like Russia’s is teetering on the cliff of insolvency. 80% of China’s population, are invested in Chinese real estate, and none of it is even able to make interest payments on hundreds of billions of dollars in un-inhabited buildings and even cities. Hong Kong, was one of China’s most profitable places, and when UK’s lease ran out, it wasn’t long till Hong Kong became another un-profitable slave state. I’d bet anything that Xi’s winter Olympics were an economic disaster, further strangling them.
China’s Xi, lies about everything, and even his braggadocio fake economic statistics, have become more preposterous with each news release. China’s economy will eventually wither like a plant without water. Even America’s left-wing media will soon have to admit that China’s economy is a shambles, and will eventually go the way of all communist and socialistic forms of tyranny. Russia and China, are a huge part of the world’s population, and when these two beasts collapse, not necessarily together, we can all hope that as a last breath, they will not turn to nuclear weapons as a last futile attempt to keep their economies, and agriculture going. I am reminded of the old North American Coin and Currency in Phoenix, back in the 1970s, which thanks to poor leadership, got into an economic jam, and were on the verge of declaring bankruptcy. In an attempt to survive, they sold their clients stored gold and silver, to raise enough cash to self-reform their poor business practices. It didn’t work. The officers went to jail and clients suffered millions in losses. (don’t ever let anyone ‘store’ your gold and silver!) It is doubtful that neither XI nor Putin would easily give up ill-gotten power, without some drastic last ditch efforts to survive, which may cost hundreds of millions of innocent lives. If Putin wins, his cancerous efforts to re-build the USSR, will spread, and NATO, hopefully may have to put a stop to it. Putin MUST lose! If XI’s nation fails, they have no oil or brains, so I can’t even predict what a last-ditch effort may bring. As insurance against anything, be certain to save surplus asset in gold and silver, and not any currency in the world, none of which are backed by anything except their various governments, which means NOTHING.
-Don Stott- don@coloradogold.com