Stashes for the crisis period

by Sergey Abakshin

“You’ve been framed.

You’ve been stiffed out of your money to the last penny.

The money is illusion.

You have nothing.

And you hadn’t.”

Wisdom of enlightened

Last weak I was at exchange office of National Bank in Almaty (it’s situated near KBTU and American diplomatic mission at Panfilov st.). it was not prime time, about 12 o’clock a.m., but I stood somewhere as the tenth in queue, though usually it’s about two or three in a line. After that I saw the policeman (the object is secured and the guard is respective), and I asked him where can I exchange my old and defective cash-notes to new ones. It happened that I’m the one in the line and I was let go past immediately. After exchanging my old tenge to new ones, I noticed at next window that one man and a woman have chosen commemorative silver coins of the National Bank. There is rich assortment. Those people didn’t look like they are richer than middle class. However only one man in the line was look like a collector and the other were also similar to middle or half-middle class.

People don’t believe that the worst is behind. That’s why they stock up with something compact and it would be relatively easy to exchange on canned stewed meat, footwear or a handful of cartridges in the moment of need.

One of the main results of last global crisis is in masses did not trust money that do not have no commodity value. I won’t say for other countries but in Kazakhstan the process is obvious. There is no more trust in Tenge, Rouble, Yuan or US Dollar with Euro. Indeed, where it can be taken if the last months it becomes less and less tenge in US dollar (see exchange rate) and prices become higher and higher. It means, if to be translated into clear language, that purchasing power of all modern currencies is falling down, because they are tight to abstraction but not to gold as it was in times of tsar’s golden coins.

This kind of money cannot fulfill the function of treasure and full value of measure cost, that’s why everyone who has little bit more money than to live from paycheck to paycheck is thinking about some assets for emergency case. Earlier many of Kazakhstani people went on the way of diversification of currencies basket. For example, one third of assets was in tenge, the other third was in US dollars and the last one in euro. Today it’s obviously that it is surrogate method. Dollar, euro, pound are depreciated visibly, and tenge is able to fall in 20% at one moment.

Average man aren’t able to follow the worsening of situation in Iran, commodity dependence of many countries, including Kazakhstan, from China, building up a real kernel of fighting in Russia's military and crisis in the system of compromises in global politics. Against that the man is able to feel deeply global world is going wrong way, not the way it should to and it won’t end up in good. People know the way of surviving as it was in times of civil war, the Second World War and in Leningrad blockage, as well as is under the people’s genetic memory.

It is not far off when the mass discontent that petrodollars weren’t sent in agriculture appeared to be. Whether today Kazakhstan was with meat and bread to the full understanding of this formula, then buying collectible silver coins would have less intensive character. Well, that part of the stole, part of a misspent spent in good years, will not be returned. It is the same fairly as for resources, so for the time – as one of the main in resources set.

War and crisis allow seeing life and its basic needs without tinsel and buit-over phantoms like derivates and company capitalization. A network of hairdressing for dogs won’t be needed to anyone even in Europe, when it is nowhere to refuel a car with fuel. Such moments are to understand and take the true role and objective meaning of: private safety, food, clothes and footwear, medicine, fuel, hot water and electricity, etc.

The world’s money and unequal exchange system sustained the first stroke. However, it isn’t going to change itself, because there are a lot of financiers and politicians who is partaking of the fruit from the tree of global hoaxes. Hence, continuing astronomic inflows into Americans military muscles. It’s the result of attempt to maintain status quo even if the military way, so as diplomatic and informational-psychological methods doesn’t work. Only Pentagon can today provide the stability of raw materials type of contact with Astana to Americans and western oil companies at all.

However, the principle strategic decision is already accepted in Ak Orda. Firstly, the political management realized that oil, uranium and other nonrenewable strategic resources flow out of the country in exchange for colored paper from Federal Reserve System (FRS). After that it was long time period of geopolitical weightings in subject of “what vector must be changed into multiple vectors”; and the choice was made in the favour of Kremlin. Power is appeared in a situation of one of anecdote about the Buddha. One day Buddha has gathered monks and asks them:

— Which of you is going to go to whorehouse?

— Oh, how could you think about this, great! Our thoughts are clear from filth thanks to your light, — answered monks.

— I'll have to go alone again — sighs Buddha. — Always alone, that's not easy, well my karma is a prophet.

The process already is and, in many respects, gone beyond the point of non-return. Factor of historical unity has worked. Moscow and Astana are always easy to agree with each other than Moscow and Warsaw or Astana and Tashkent. More over, it needn’t in excessive advertising and ruling elites are trying to avoid of promotion; because in common unification with more powerful partner it would be inevitable to waive the part of the sovereignty, most of the sovereignty. Indeed, it is better way than to be relatively weak, under-populated, and rich with natural resources country in overpopulated and acutely scarce in all strategic resources world.

Fanatics of sovereignty though ridiculous as well as religious fanatics but they will bring its share of troubles to the state. It is peculiar percentage of unavoidable losses as in hard large-scale battle. It’s quite possible, the doctrine of national unity and alternative conception of national politics were thrown into society special for to make an idea of the scenario of imprisoned forces for horning. Occasionally, it needs to be sure that every key leaders of alternative political camp are corrupt, coward and unprincipled, able to any compromise.

Fastening to Russia, probably together with Byelorussia and Ukraine, doesn’t free from problems which will be caused by the collapse; and in the most soft way by reformatting the acting system of global economic model. In any transition period earn to living will become more difficult than in crisis time, though within functioning system. Some period will be unavoidable the barter revival: I’ll give a meat breaded in motley grass and you’ll give me cartridges for Kalashnikov machine gun. The fate of townsfolk, who doesn’t have the container with clothes, footwear, food or even if with dishes at a flea market or wholesale fair – is to exchange a wedding rings and jubilee coins of the National Bank of precious metals for the consumer goods.