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Ukraine, March 8
Nothing new by me but a pointer to a somewhat decent (wrong conclusion at the end) piece by the Globe & Mail's Mark Mackinnon: How the West lost Putin: it didn’t have to be this way:
In Ukraine, it’s Mr. Putin who is bending the rules and distorting the facts in the same way he has accused the West of doing elsewhere. But the battle for Ukraine is existential for him. Ukraine is central to Russian history and culture, and crucial to Mr. Putin’s ambition of restoring a sphere of influence over Moscow’s post-Soviet neighbours. He’s almost certainly not going to back down, whatever the cost. There “will be mutual damage,” Mr. Putin said when asked about the possibility of Western sanctions over Crimea.
A sane "western" policy would try to keep the damage as small as possible. The chance for such a policy is currently low.
But don’t forget if there are even any minor shut downs of ‘real world’ production (gas, oil, coal, timber, wheat, corn, copper, industrial metals, cement, steel…) they will suffer in the long run because trade is stalled, halted, or collapses, their skim is decimated.
Wait a minute, I’m not sure whose “gas, oil, coal, timber, wheat, corn, copper, industrial metals, cement, steel” you are referring to here
Are we talking about Ukrainian gas, oil, coal, timber, wheat, corn, copper, industrial metals, cement, steel resources?
OR are we talking about gas, oil, coal, timber, wheat, corn, copper, industrial metals, cement, steel resources that trace back to Western Gangsters?
“gas, oil, coal, timber, wheat, corn, copper, industrial metals, cement, steel” resources that trace back to Western Gangsters will probably become more valuable if supply of Ukrainian “gas, oil, coal, timber, wheat, corn, copper, industrial metals, cement, steel” resources are disrupted.
this simple economic formula applies both in the short-term and the long-term..
But of course several Ukrainian Oligarchs appear to be in cahoots with the Western Gangsters, (for the moment anyway) – what can we conclude from that?
It seems likely to me that they collude with Western Gangsters because they hope to gain even more local (and regional, and maybe eventually global too) political control than they have already, once the dust settles.
That certainly would be worth some short- or medium-term financial losses, if in the future by taking a hit now they can acquire even more political power for themselves.
Posted by: brb | Mar 9 2014 14:45 utc | 108
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