With the Obama Administration and the European Union imposing a first round of sanctions against Russia and the first round of retaliatory sanctions from Russia expected any day now, a full-scale “economic war” is getting underway, and Europeans are cringing at the thought.
This isn’t 1960s behind-the-Iron-Curtain Russia with no real economic ties to the West, but a energy powerhouse that is a vital trading partner for much of Europe, especially with respect to natural gas.
British Foreign Secretary William Hague says the EU is “looking” for ways to reduce their dependence on Russian natural gas, but with Russia’s Gazprom the largest gas company on the planet by far, there simply aren’t a lot of alternatives, and Russia may simply be irreplaceable to many economies.
It is telling that neither the US nor EU tried to target Russia’s oil and gas majors in the first round of sanctions, knowing that’s the point where sanctions are going to hurt Europe a lot more than Russia. With retaliation expected to go back and forth for quite some time, it seems only a matter of time before they get there anyhow.
Those whom are sanctioned by EU and USG have said: we have nothing invested nor we have any money in either USA or EU, so what is it that you are sanctioning? The very same government sanctioned the Syrian government, non which have assets in either EU or US, hence, the Libyan government had 57 billion dollars invested in EU and US, what happened to it is the question, perhaps Goldman Sachs can have answer!
But a “real economic war” is looming according to western news, another social psychological warfare by the western double standard media to show that their governments are tough and really mean it when it comes to their stupidity, now if such “economic war” is going to start, question is, what would be the effect on EU and US!
Perhaps is time for applauding both regimes and their acts of economical effects on European-American poor which would go five days a week hungry instead of 3.
Welcome to new century, although the year is 2014 but I feel that human destiny managed by these governments dragging the time backwards to see if barbarism, Neo, old and ok’d fascism can work together, or they are looking for the final answer by dragging the world to its knees and ending it with a bang, but then again, if you ask Bill Cristol, or AIPAC, they would demand for EU-USG to bring out the NATO guns, pointed in every direction in this world and shoot, they just don’t agree with Obama politics dividing nation on their religious and or their social political understanding as Neo, old and ok’d fascism is enough of a wrong politics.
These so-called sanctions against Russia will go nowhere fast.
The moneychangers in the US and EU have been licking their
chops to develop Russia's vast natural resources since the
breakup of the USSR.
The moneychangers pulling Obama's strings behind the scene
could care less about what's happening in the Crimea. Their
opportunity to make money is all that matters.
Except this time the resources are owned by someone who has the means and the will to fight to protect them – unlike many of the recent victims of American hubris and hegemony.
Agreed. I would also include technology. The US mainstream
corporate media brushed over the fact that the Russians
intercepted a US drone over the Crimea, cut it off from its
puppet masters, and brought it to the ground.
I'm sure it's true that the banksters could care less about the Crimea. Not so the neocons, Exceptionalists and other Empire-builders. That naval base at Sevastopol was so close, so very close to being theirs via the Ukrainian revolt. What a perfect site for the US Sixth Fleet to bring military pressure to bear on Russia, Iran, Syria, etc. And then the Russians try to keep their naval base? The neocons are outraged, cheated of their prize. They won't rest now until they get it, one way or another.
Obama Backs Down on Crimea
by MIKE WHITNEY
Can you believe it? The goofy Obama team wants the public to believe that the whole “constitutional reform”-thing was their idea so people don’t notice that the clunker administration and President Featherweight have run up the white flag and headed for the hills. This is classic Barack “lead from behind” Obama trying to make a full-blown retreat look like a victory.
http://www.counterpunch.org/2014/03/18/obama-back…
Bush and Cheney were good teachers… But then this has been the American policy for many, many years…because the American people, by and large, eat it up and never call them on the charade.
I doubt if there will be any serious sanctions. The EU and Russia are actually the best of friends and the EU needs the Russian democracy as a counterweight to the US. Thus, there will most likely be behind-the-scenes pressure to get rid of Putin, who has made a complete fool of himself. Since, Putin's antics have interfered with the business affairs of the oligarchs who are the real source of power in modern Russia, I wouldn't be surprised to see Putin eased out once the dust settles, possibly in the same way as he himself eased Yeltsin out: by the appointment of a powerful prime minister and a "de-presidentialisation" of the system of government.
RT news: The State Duma has passed a motion suggesting that the US and EU extend the freshly introduced sanctions to all Russian MPs rather than a limited group of officials, defying western pressure just hours before Russia and Crimea signed a federation treaty.
The western bankrupt and falsified democracy have their own ways in blackmailing, bribing their kind and even supporting religious and all other form of fascism around the world for their interests, interest which by all means is about stealing people’s freedom and and their wealth by IMF, oil companies hand in hand with a rootless economic and political agenda. This is the west last resort, from the Swedish Neo fascism to Turkish and Erdogan puppet regime, conducting, orchestrating and manufacturing lies, dividing people’s by disrespecting all international and domestic laws to place more of stolen people’s wealth in their off sure banking accounts. Swedish government is already in talk with Ukraine fascists creating new accounts for their kind of vulture capitalism starting a business relation with self-proclaimed government in Ukraine. Swedish flag is blue and yellow, with a Christianity cross in middle, blue stands for monarchism, gold stands for gold, Ukrainian flag is yellow and blue with no cross, which indicates the different in religious beliefs but not the political standing and cooperation between the two government.
ahahhahaahah, i wonder now if they go begging the Iranians to please give them fuel after crushing them with sanctions to appease their masters in DC? what goes around comes around.