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BRICS in talks to create own cryptocurrency in another blow to US Dollar

BRICSCoin could be the world’s newest currency.

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The Head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev has stated that the BRICS may opt to create their own cryptocurrency for the purposes of global commerce.

A cryptocurrency is a digitally based means of exchange wherein the value of said currency is not determined by a central-bank. Most cryptocurrencies can be converted into state-issued currencies (Dollars, Euros, Yuan, etc.) through various foreign exchange services.

Currently, one of the biggest issues facing crypocurrency development is the fact that they are not backed up by any central bank. However, many also see this apparent disadvantage as a possible opportunity, particularly where unilateral Dollar based sanctions are concerned.

While the US Dollar remains the most popular global trading and reserve currency, this is rapidly changing. A BRICS backed cryptocurrency may be both the proverbial ‘Dollar buster’ as well as a ‘sanctions buster’.

In May of this year, China and Russia agreed to begin a process of trade in local currencies. Turkey and Iran have also begun steps to break away from the Dollar.

READ MORE: 5 ways Russia and China are deepening their cooperation

Even more recently, China announced that is plans to allow for oil trading in Yuan which will be convertible to gold at the Shanghai and Hong Kong international gold exchanges.

The creation of a BRICS cryptocurrency could potentially retain the flexibility of current cryptocurrencies with the additional benefit of being backed by the leaders of a large economic-trading union which would give traders confidence in such a currency that many existing cryptos such as Bitcoin are lacking.

It is not certain what the exchange rate of a would-be BRICSCoin would be, but there is every chance that it could be based on a derivative of what is known as Special drawing rights (XDR) a current means of exchange which pools the values of the US Dollar, British Pound, Japanese Yen and the Euro.

A possible variation which would set the initial exchange rates of a BRICSCoin could be a combination of a gold backed Chinese Yuan, Russian Rouble, Indian Rupee, South African Rand and Brazilian Real.

This could create an effective hybrid currency that could easy trade and make exchange rates between BRICS states and their partnership more equitable. There is also a potential for such a currency to be used as a means of everyday exchange among businesses and individuals in growing and emerging markets that seek to partner with the BRICS in the so-called BRICS Plus format.

While cryptocurrencies are relatively easy to create, they are more difficult to promote as a widely accepted means of exchange. However, with the prominent economies of the BRICS backing such a currency, this problem could be easily bypassed, as a semi-central regulatory body would likely be the logical outgrowth of such an initiative.

As Kirill Dmitriev stated during the BRICS summit in Xiamen China,

“Another topic discussed by the financial committee was cryptocurrencies. The creation of BRICS’ cryptocurrency as an alternative to other payment tools might also be discussed.

…cryptocurencies are also being discussed as one of the possible options for financial settlement. For particular payments it might be quite relevant and serve as a good alternative to the dollar or any other currency.

We estimate that the mutual investments of the BRICS countries might see an increase by 3-4 times due to such instruments as BRICS [Development] Bank”.

READ MORE: Russia seeks to break free of Dollar dependence

In many ways, the most powerful asset the US has internationally is the Dollar. If the effective hegemony of the Dollar is broken, it could be a substantial opportunity for emerging markets to assert their monetary and consequentially fiscal independence.

Russia is already taking its own steps towards developing its own cryptocurrency. According to Communications Minister Nikolay Nikiforov, a Russian cryptocurrency will be designed to work with existing Russian technologies rather than the foreign technologies which form the basis of the Bitcorn blockchain.

Nikiforov stated,

“Bitcoin and Etherium are cryptocurrencies developed on the basis of foreign cryptography. Russia has its own cryptography school. I think that we are absolutely capable of creating a cryptographic unit, a tool, based on the blockchain technology, and work out concrete regulations to set the framework for the operations”.

Such a currency could receive an official sanction from the Russian Central Bank. This technology could be used to help develop the BRICS wide crypto which has been widely discussed at the current summit.

The BRICS summit in Xiamen continues through the 5th of September.

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Abi Shah
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Abi Shah

The creation of the hegemonic and evil petro dollar needs to be eradicated because this dominance has put the entire globe under their rule and if it was not for Russia and China leading the way towards are more fairer system then I certainly believe Israel would and may and will bring about their new world order by stealing the wealth of other nations as it has been doing for decades such as greece ireland and many of the european nations. I for one would gladly shy away from the Dollar and rebuild a system that provides some kind of… Read more »

Jets
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Jets

Brilliant in every way and every word (especially the last sentence).

TEN thumbs up :-))

Ricardo Silva
Guest
Ricardo Silva

Israel is a great country, as they’re proving now by getting extremely upset at Netanyahu because he wasted some money. They’re even talking about removing him from the job. Wow!

Oddly enough, I never saw this many Israelis getting upset when Netanyahu Mass Murdered innocent civilians. Nor they get upset when they are asked to intentionally murder children and pregnant women. Israelis have no problems committing atrocities. They even celebrate it. Disgusting savages.

bcguy
Guest
bcguy

Great points. i know Russia did kick the rotchild money launderers out and he also paid off the IMF. This new currency backed by a development bank seems like a really good investment.

Abi Shah
Guest
Abi Shah

Thank you sir i truly believe that your certainly a petson of integrity because you r eyes are open to a much more sinister agenda by we know who>>Israeli zionists likud party and the entire puppet us congress.
What we should be appaulled at is when a new president of the united states is inaugurated the 1st mandate he has to sign is to pledge his undeniable allegiances to the zionist state of Israel..so plesse tell me what this really encompasses?

Wayne Blow
Guest
Wayne Blow

I knew there is a very sinister plot at play here “(BRICS)” the big threat to USA, UK, Israel!!!! They need a big war like North Korea to divert attention!!! Too effing bad for the 2 Koreas, but then pawns are just pawns, eh?

Trauma2000
Guest
Trauma2000

I keep reading up on articles that talk about ‘replacing the U.$. hegemonic dollar… blah blah” but I’m yet to read anything significant about the “framework” that is being developed to ‘replace the Reserve Bank’ framework that is controlled by the Rothschilds. Only when the ‘Reserve Bank’ framework ceases to be necessary, will countries be free to regain control their finances. It’s the ‘Reserve Bank Framework’ that keeps entire countries subservient to Rothschild controlled financial markets; not the presence of money per se. And what makes anyone think that the Rothschilds, and their incredible wealth, will not corner the CryptoCurreny… Read more »

Gareth Barnard
Guest
Gareth Barnard

Firstly there are no reserve banks in which any Rothschild has any stake. That’s fake news. Controlling monetary supply is also essential to maintaining it’s value and there is a free market in international currency exchanges.

Ricardo Silva
Guest
Ricardo Silva

Well, if that’s fake news, then… who the hell do all the countries from all over the world … own money to…? To the Aliens? To no one? Then we might as well stop paying.

You know very well that Zionists own and control the Federal Reserve. But why do you deny it? Are you hoping they’ll give you a stake in it, perhaps? Keep dreaming, little marionette.

bluewater
Guest
bluewater

a heads up …from an insider source…..Bitcoin was created by THE NSA and it is owned by ROTHSCHILD IT IS A SCAM and if you can not hold it in your hand..it is worthless..When the INTERNET GOES DOWN..YOU ARE SCREWED and BY LAW…THE NSA can take it away from you ..IT IS LEGAL FOR THEM TO DO IT!!!!! from another very good source…..YOU will not have a FINANCIAL RESET till the CABAL is taken out and they will …then you will have a new currency to use that will be backed up by GOLD.. THE ELITES..JPMORGAN,ROTHSCHILDS have been manipulating GOLD… Read more »

Ricardo Silva
Guest
Ricardo Silva

Stop injecting drugs… they’re bad for you.

jenuty
Guest
jenuty

no sense

Great Expectations
Guest
Great Expectations

‘It is not certain what the exchange rate of a would-be BRICSCoin would be, but there is every chance that it could be based on a derivative of what is known as Special drawing rights (XDR) a current means of exchange which pools the values of the US Dollar, British Pound, Japanese Yen and the Euro.’ NO chance whatsoever, I would have thought. The SDR is a tool created by the IMF so, while a SDR backed BRICSCoin might bypass central banks, it falls straight under the influence of the IMF, which ‘controls’ the central banks. ‘A possible variation which… Read more »

Gonzogal
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Great Expectations
Guest
Great Expectations

Thanks, I’ll take a look. Max Keiser on RT’s Keiser Report has done a full 180 degree turn on gold and bitcoin in the last year or so. He was promoting bitcoin again today and trashing Jim Rickards for focusing on gold. But Max never explained why he changed his mind so radically. Interesting.

Gonzogal
Guest
Gonzogal

You are welcome and I hope it answers some of your questions. I must say that I personally am not 100% clear of all the implications, but I can only liken it to the US Fed “creating money out of nothing” and seeing the similarities.

Great Expectations
Guest
Great Expectations

I agree.

Gonzogal
Guest
Gonzogal
Great Expectations
Guest
Great Expectations

Yep, thanks for that last one – just read it and it confirms what I thought and what Peter Schiff says in his podcast. Bitcoin does not pass the test for a currency and it is an as like anything else bought on the stock exchange. I haven’t had a chance to read all the zero hedges you linked yet but I’ve read similar on there before and I note in one of the ones you sent, China says it’s not a currency (was that the one above? Can’t remember, my grandson doesn’t like me concentrating on anything but him… Read more »

Gonzogal
Guest
Gonzogal

I saw that one last week.

What is interesting from the BRICS this year is the idea being solidified re a crypto currency for the BRICS nations and their partners to be able to circumvent sanctions etc! I imagine that that currency would possibly be backed by gold to solidify its worth.

Here is some info on it…it should be interesting to see it develop.
http://www.mintpressnews.com/blow-us-dollar-brics-considers-cryptocurrency/231571/
http://voiceofrussia.com/2013_10_09/What-will-happen-to-global-economy-if-BRICS-announce-launch-of-new-currency-Bricso-1897/

Great Expectations
Guest
Great Expectations

Yes, a basket of currencies (their own), along the lines of the IMF SDR idea; backed by gold, which Russia and China have been reputedly accumulating in large quantities, would make sense. India isn’t short of gold either. After the way Russia, China and Brazil have been treated by the international community (I mean the US elite), one can only wish them every economic success. I am still intrigued, though, how Brazil’s Michel Temer fits into the BRICS set up; Dilma Rousseff was impeached and dispatched politically, largely by Temer, who is Washington’s puppet. I can’t imagine the other BRICS… Read more »

Gonzogal
Guest
Gonzogal

I read Temer is up for impeachment too!
http://www.zerohedge.com/news/2016-11-25/brazil-president-temer-threatened-impeachment-after-new-corruption-scandal-emerges
On BRICS, he seems to be less vocal during the meetings but so far as I have heard he is on board with BRICS goals. This despite the US coup in Brazil it doesnt seem that there is some permanent damage done to the group. Although who knows for sure.

If there is problems on the horizon I think it might come from India, as it seems to be indecisive as to its commitment to BRICS vs the US.

Great Expectations
Guest
Great Expectations

Yes, India doesn’t seem to see eye to eye with China.

I thought that was Temer’s daughter standing with him.

With Brazil sliding all over the place, India playing all sides for its own gain and South Africa, which was a late arrival, it would seem that Russia and China are doing all the heavy lifting. Good reason to bring in some of the other Asian countries, I suppose.

Gonzogal
Guest
Gonzogal

Re South Africa, the US is trying to pull a “regime change” or else there.

As regards bringing in other countries, that is why they set up the BRICS+ and BRICS++. They are certainly not keeping anyone out that wants to work with them! It seems that even Germany is interested!
http://valdaiclub.com/a/highlights/re-thinking-the-brics/
https://sputniknews.com/politics/201703221051849196-brics-enlargement-plan/

India is upset because of Pakistan’s being part of the BRICS+
https://sputniknews.com/world/201703111051472250-china-pakistan-brics/

I dont know if you have seen this article re BRICS 2017 by Pepe Escobar, if not its a good read as to what turmoil seems to be going on.
http://www.atimes.com/article/odds-brics-nations-get-act-together/

Gonzogal
Guest
Gonzogal

Just read this article…SUPER interesting re India and Brazil as regards BRICS. It also mentions the other countries showing interest in BRICS http://www.atimes.com/article/real-brics-bombshell/

Gonzogal
Guest
Gonzogal

I just read this on the US’ SEC and the IMF possibly regulating (taking over) bitcoin. Super interesting and will be interested to see how the crypto currency of BRICS will be set up differently.
http://www.zerohedge.com/news/2017-09-05/global-elites-secret-plan-cryptocurrencies
http://www.zerohedge.com a;ways has a lot of articles on bitcoin (plus a lot of other interesting news)

dago dingo
Guest
dago dingo

Like a rabid dog at the end of its life, it lashes out & uses any means at it’s disposal to hurt others in order to survive, this is what we see happening before our very eyes. America is on the verge of collapse & it will use any means at it’s disposal to retain the empire. Hence all the Russo-phobia & China bagging. I say the death of this pariah, America cannot come soon enough!!! The world is sick to death of the wars it wages on sovereign soils, responsible for the deaths of millions of innocents in order… Read more »

Gareth Barnard
Guest
Gareth Barnard

Yes Dago. It’s time people like Kim Jong-ug take there rightful place on the stage of world power

dago dingo
Guest
dago dingo

Oh & the mad men running The Empire of Chaos are better???

Ricardo Silva
Guest
Ricardo Silva

Yep… Divide & Conquer is the plan. The Zionists have been destroying the USA by the inside since 1776… and the endgame is very near. The US will probably end up breaking up into a variety of different countries. United we stand, divided we fall.

Dennis Morrisseau
Guest

DO IT!

Popart 2015
Guest
Popart 2015

Cryptocurrency sounds like avoiding the problem! Why crypto if you can do the real deal?

Kubrickian
Guest
Kubrickian

That would be the currency to buy but like the ones before it you wouldn’t be able to buy it until the currency was inflated beyond what an average investor could afford.

Latest

Understanding the Holodomor and why Russia says nothing

A descendant of Holodomor victims takes the rest of us to school as to whether or not Russia needs to shoulder the blame.

Seraphim Hanisch

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One of the charges that nationalist Ukrainians often lodge against their Russian neighbors is that the Russian government has never acknowledged or formally apologized to Ukraine for the “Holodomor” that took place in Ukraine in 1932-1933. This was a man-made famine that killed an estimated seven to 10 million Ukrainians , though higher estimates claim 12.5 million and lower ones now claim 3.3 million.

No matter what the total was, it amounts to a lot of people that starved to death. The charge that modern-day Russia ought to apologize for this event is usually met with silence, which further enrages those Ukrainians that believe that this issue must be resolved by the Russian acknowledgement of responsibility for it. Indeed, the prime charge of these Ukrainians is that the Russians committed a genocide against the Ukrainian people. This is a claim Russia denies.

To the outside observer who does not know this history of Russia and Ukraine’s relationship, and who does not know or understand the characteristics of the Soviet Union, this charge seems as simple and laid out as that of the Native Americans or the blacks demanding some sort of recompense or restitution for the damages inflicted on these societies through conquest and / or slavery. But we discovered someone who had family connections involved in the Holodomor, and who offers her own perspective, which is instructive in why perhaps the Russian Federation does not say anything about this situation.

Scene in Kharkiv with dead from the famine 1932-33 lying along the street.

The speaker is Anna Vinogradova, a Russian Israeli-American, who answered the question through Quora of “Why doesn’t Russia recognize the Holodomor as a genocide?” She openly admits that she speaks only for herself, but her answer is still instructive. We offer it here, with some corrections for the sake of smooth and understandable English:

I can’t speak for Russia and what it does and doesn’t recognize. I can speak for myself.

I am a great-granddaughter of a “Kulak” (кулак), or well-to-do peasant, who lived close to the Russia/Ukraine border.

The word “кулак” means “fist” in Russian, and it wasn’t a good thing for a person to be called by this label. A кулак was an exploiter of peasants and a class enemy of the new state of workers and poor peasants. In other words, while under Communism, to be called a кулак was to bring a death sentence upon yourself.

At some point, every rural class enemy, every peasant who wasn’t a member of a collective farm was eliminated one way or another.

Because Ukraine has very fertile land and the Ukrainian style of agriculture often favors individual farms as opposed to villages, there is no question that many, many Ukrainian peasants were considered class enemies like my great grandfather, and eliminated in class warfare.

I have no doubt that class warfare included starvation, among other things.

The catch? My great grandfather was an ethnic Russian living in Russia. What nationality were the communists who persecuted and eventually shot him? They were of every nationality there was (in the Soviet Union), and they were led by a Ukrainian, who was taking orders from a Georgian.

Now, tell me, why I, a descendant of an unjustly killed Russian peasant, need to apologize to the descendants of the Ukrainians who killed him on the orders of a Georgian?

What about the Russian, Kazakh golodomor (Russian rendering of the same famine)? What about the butchers, who came from all ethnicities? Can someone explain why it’s only okay to talk about Ukrainian victims and Russian persecutors? Why do we need to rewrite history decades later to convert that brutal class war into an ethnic war that it wasn’t?

Ethnic warfare did not start in Russia until after WWII, when some ethnicities were accused of collaboration with the Nazis and brutal group punishments were implemented. It was all based on class up to that time.

The communists of those years were fanatically internationalist. “Working people of all countries, unite!” was their slogan and they were fanatical about it.

As for the crimes of Communism, Russia has been healing this wound for decades, and Russia’s government has made its anticommunist position very clear.

This testimony is most instructive. First, it points out information that the charge of the Holodomor as “genocide!” neatly leaves out. In identifying the internationalist aspects of the Soviet Union, Ukraine further was not a country identified as somehow worthy of genocidal actions. Such a thought makes no sense, especially given the great importance of Ukraine as the “breadbasket” of the Soviet Union, which it was.

Secondly, it shows a very western-style of “divide to conquer” with a conveniently incendiary single-word propaganda tool that is no doubt able to excite any Ukrainian who may be neutral to slightly disaffected about Russia, and then after that, all Ukrainians are now victims of the mighty evil overlords in Moscow.

How convenient is this when the evil overlords in Kyiv don’t want their citizens to know what they are doing?

We saw this on Saturday – taken to a very high peak when President Petro Poroshenko announced the new leading “Hierarch” of the “Ukrainian National Church” and said not one single word about Christ, but only:

“This day will go down in history as the day of the creation of an autocephalous Orthodox church in Ukraine… This is the day of the creation of the church as an independent structure… What is this church? It is a church without Putin. It is a church without Kirill, without prayer for the Russian authorities and the Russian army.”

But as long as Russia is made the “problem”, millions of scandalized Ukrainians will not care what this new Church actually does or teaches, which means it is likely to teach just about anything.

Russia had its own Holodomor. The history of the event shows that this was a result of several factors – imposed socialist economics on a deeply individualized form of agrarian capitalism (bad for morale and worse for food production), really inane centralized planning of cropland use, and a governmental structure that really did not exist to serve the governed, but to impose an ideology on people who really were not all that interested in it.

Personal blame might well lay with Stalin, a Georgian, but the biggest source of the famine lay in the structures imposed under communism as a way of economic strategy. This is not Russia’s fault. It is the economic model that failed.

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Latest

Mueller Finally Releases Heavily Redacted Key Flynn Memo On Eve Of Sentencing

Alex Christoforou

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Via Zerohedge


Having initially snubbed Judge Emmet Sullivan’s order to release the original 302 report from the Michael Flynn interrogation in January 2017, Special Counsel Robert Mueller has finally produced the heavily redacted document, just hours before sentencing is due to be handed down.

The memo  – in full below – details then-national security adviser Michael Flynn’s interview with FBI agents Peter Strzok and Joe Pientka, and shows Flynn was repeatedly asked about his contacts with former Russian Ambassador Sergey Kislyak and in each instance, Flynn denied (or did not recall) any such conversations.

The agents had transcripts of Flynn’s phone calls to Russian Ambassador Kislyak, thus showing Flynn to be lying.

Flynn pleaded guilty guilty last December to lying to the FBI agents about those conversations with Kislyak.

The redactions in the document seem oddly placed but otherwise, there is nothing remarkable about the content…

Aside from perhaps Flynn’s incredulity at the media attention…

Flynn is set to be sentenced in that federal court on Tuesday.

Of course, as Christina Laila notes, the real crime is that Flynn was unmasked during his phone calls to Kislyak and his calls were illegally leaked by a senior Obama official to the Washington Post.

*  *  *

Full document below…

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Latest

Don’t Laugh : It’s Giving Putin What He Wants

The fact of the matter is that humorous lampooning of western establishment Russia narratives writes itself.

Caitlin Johnstone

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Authored by Caitlin Johnstone:


The BBC has published an article titled “How Putin’s Russia turned humour into a weapon” about the Kremlin’s latest addition to its horrifying deadly hybrid warfare arsenal: comedy.

The article is authored by Olga Robinson, whom the BBC, unhindered by any trace of self-awareness, has titled “Senior Journalist (Disinformation)”. Robinson demonstrates the qualifications and acumen which earned her that title by warning the BBC’s audience that the Kremlin has been using humor to dismiss and ridicule accusations that have been leveled against it by western governments, a “form of trolling” that she reports is designed to “deliberately lower the level of discussion”.

“Russia’s move towards using humour to influence its campaigns is a relatively recent phenomenon,” Robinson explains, without speculating as to why Russians might have suddenly begun laughing at their western accusers. She gives no consideration to the possibility that the tightly knit alliance of western nations who suddenly began hysterically shrieking about Russia two years ago have simply gotten much more ridiculous and easier to make fun of during that time.

Couldn’t possibly have anything to do with the emergence of a demented media environment wherein everything around the world from French protests to American culture wars to British discontent with the European Union gets blamed on Russia without any facts or evidence. Wherein BBC reporters now correct guests and caution them against voicing skepticism of anti-Russia narratives because the UK is in “an information war” with that nation. Wherein the same cable news Russiagate pundit can claim that both Rex Tillerson’s hiring and his later firing were the result of a Russian conspiracy to benefit the Kremlin. Wherein mainstream outlets can circulate blatantly false information about Julian Assange and unnamed “Russians” and then blame the falseness of that reporting on Russian disinformation. Wherein Pokemon Go, cutesy Facebook memes and $4,700 in Google ads are sincerely cited as methods by which Hillary Clinton’s $1.2 billion presidential campaign was outdone. Wherein conspiracy theories that Putin has infiltrated the highest levels of the US government have been blaring on mainstream headline news for two years with absolutely nothing to show for it to this day.

Nope, the only possibility is that the Kremlin suddenly figured out that humor is a thing.

The fact of the matter is that humorous lampooning of western establishment Russia narratives writes itself. The hypocrisy is so cartoonish, the emotions are so breathlessly over-the-top, the stories so riddled with plot holes and the agendas underlying them so glaringly obvious that they translate very easily into laughs. I myself recently authored a satire piece that a lot of people loved and which got picked up by numerous alternative media outlets, and all I did was write down all the various escalations this administration has made against Russia as though they were commands being given to Trump by Putin. It was extremely easy to write, and it was pretty damn funny if I do say so myself. And it didn’t take any Kremlin rubles or dezinformatsiya from St Petersburg to figure out how to write it.

“Ben Nimmo, an Atlantic Council researcher on Russian disinformation, told the BBC that attempts to create funny memes were part of the strategy as ‘disinformation for the information age’,” the article warns. Nimmo, ironically, is himself intimately involved with the British domestic disinformation firm Integrity Initiative, whose shady government-sponsored psyops against the Labour Party have sparked a national scandal that is likely far from reaching peak intensity.

“Most comedy programmes on Russian state television these days are anodyne affairs which either do not touch on political topics, or direct humour at the Kremlin’s perceived enemies abroad,” Robinson writes, which I found funny since I’d just recently read an excellent essay by Michael Tracey titled “Why has late night swapped laughs for lusting after Mueller?”

“If the late night ‘comedy’ of the Trump era has something resembling a ‘message,’ it’s that large segments of the nation’s liberal TV viewership are nervously tracking every Russia development with a passion that cannot be conducive to mental health – or for that matter, political efficacy,” Tracey writes, documenting numerous examples of the ways late night comedy now has audiences cheering for a US intelligence insider and Bush appointee instead of challenging power-serving media orthodoxies as programs like The Daily Show once did.

If you wanted the opposite of “anodyne affairs”, it would be comedians ridiculing the way all the establishment talking heads are manipulating their audiences into supporting the US intelligence community and FBI insiders. It would be excoriating the media environment in which unfathomably powerful world-dominating government agencies are subject to less scrutiny and criticism than a man trapped in an embassy who published inconvenient facts about those agencies. It certainly wouldn’t be the cast of Saturday Night Live singing “All I Want for Christmas Is You” to a framed portrait if Robert Mueller wearing a Santa hat. It doesn’t get much more anodyne than that.

Russia makes fun of western establishment narratives about it because those narratives are so incredibly easy to make fun of that they are essentially asking for it, and the nerdy way empire loyalists are suddenly crying victim about it is itself more comedy. When Guardian writer Carole Cadwalladr began insinuating that RT covering standard newsworthy people like Julian Assange and Nigel Farage was a conspiracy to “boost” those people for the advancement of Russian agendas instead of a news outlet doing the thing that news reporting is, RT rightly made fun of her for it. Cadwalladr reacted to RT’s mockery with a claim that she was a victim of “attacks”, instead of the recipient of perfectly justified ridicule for circulating an intensely moronic conspiracy theory.

Ah well. People are nuts and we’re hurtling toward a direct confrontation with a nuclear superpower. Sometimes there’s nothing else to do but laugh. As Wavy Gravy said, “Keep your sense of humor, my friend; if you don’t have a sense of humor it just isn’t funny anymore.”

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