Best of the Week
Most Popular
1. Market Decline Will Lead To Pension Collapse, USD Devaluation, And NWO - Raymond_Matison
2.Uber’s Nightmare Has Just Started - Stephen_McBride
3.Stock Market Crash Black Swan Event Set Up Sept 12th? - Brad_Gudgeon
4.GDow Stock Market Trend Forecast Update - Nadeem_Walayat
5.Gold Significant Correction Has Started - Clive_Maund
6.British Pound GBP vs Brexit Chaos Timeline - Nadeem_Walayat
7.Cameco Crash, Uranium Sector Won’t Catch a break - Richard_Mills
8.Recession 2020 Forecast : The New Risks & New Profits Of A Grand Experiment - Dan_Amerman
9.Gold When Global Insanity Prevails - Michael Ballanger
10.UK General Election Forecast 2019 - Betting Market Odds - Nadeem_Walayat
Last 7 days
What UK CPI, RPI INFLATION Forecasts for General Election Result 2019 - 11th Dec 19
Gold ETF Holdings Surge… But Do They Actually Hold Gold? - 11th Dec 19
Gold, Silver Reversals, Lower Prices and Our Precious Profits - 11th Dec 19
Opinion Pollsters, YouGov MRP General Election 2019 Result Seats Forecast - 11th Dec 19
UK General Election Tory and Labour Marginal Seats Analysis, Implied Forecast 2019 - 11th Dec 19
UK General Election 2019 - Tory Seats Forecast Based on GDP Growth - 11th Dec 19
YouGov's MRP Poll Final Tory Seats Forecast Revised Down From 359 to 338, Possibly Lower? - 10th Dec 19
What UK Economy (Average Earnings) Predicts for General Election Results 2019 - 10th Dec 19
Labour vs Tory Manifesto's UK General Election Parliamentary Seats Forecast 2019 - 10th Dec 19
Lumber is about to rally and how to play it with this ETF - 10th Dec 19
Social Mood and Leaders Impact on General Election Forecast 2019 - 9th Dec 19
Long-term Potential for Gold Remains Strong! - 9th Dec 19
Stock and Financial Markets Review - 9th Dec 19
Labour / Tory Manifesto's Impact on UK General Election Seats Forecast 2019 - 9th Dec 19
Tory Seats Forecast 2019 General Election Based on UK House Prices Momentum Analysis - 9th Dec 19
Top Tory Marginal Seats at Risk of Loss to Labour and Lib Dems - Election 2019 - 9th Dec 19
UK House Prices Momentum Tory Seats Forecast General Election 2019 - 8th Dec 19
Why Labour is Set to Lose Sheffield Seats at General Election 2019 - 8th Dec 19
Gold and Silver Opportunity Here Is As Good As It Gets - 8th Dec 19
High Yield Bond and Transports Signal Gold Buy Signal - 8th Dec 19
Gold & Silver Stocks Belie CoT Caution - 8th Dec 19
Will Labour Government Spending Bankrupt Britain? UK Debt and Deficits - 7th Dec 19
Lib Dem Fake Tory Election Leaflets - Sheffield Hallam General Election 2019 - 7th Dec 19
You Should Be Buying Gold Stocks Now - 6th Dec 19
The End of Apple Has Begun - 6th Dec 19
How Much Crude Oil Do You Unknowingly Eat? - 6th Dec 19
Labour vs Tory Manifesto Voter Bribes Impact on UK General Election Forecast - 6th Dec 19
Gold Price Forecast – Has the Recovery Finished? - 6th Dec 19
Precious Metals Ratio Charts - 6th Dec 19
Climate Emergency vs Labour Tree Felling Councils Reality - Sheffield General Election 2019 - 6th Dec 19
What Fake UK Unemployment Statistics Predict for General Election Result 2019 - 6th Dec 19
What UK CPI, RPI and REAL INFLATION Predict for General Election Result 2019 - 5th Dec 19
Supply Crunch Coming as Silver Miners Scale Back - 5th Dec 19
Gold Will Not Surpass Its 1980 Peak - 5th Dec 19
UK House Prices Most Accurate Predictor of UK General Elections - 2019 - 5th Dec 19
7 Year Cycles Can Be Powerful And Gold Just Started One - 5th Dec 19
Lib Dems Winning Election Leaflets War Against Labour - Sheffield Hallam 2019 - 5th Dec 19
Do you like to venture out? Test yourself and see what we propose for you - 5th Dec 19
Great Ways To Make Money Over Time - 5th Dec 19
Calculating Your Personal Cost If Stock, Bond and House Prices Return To Average - 4th Dec 19

Market Oracle FREE Newsletter

UK General Election Forecast 2019

Ukraines Road to War as Crimea Boils Over

Politics / Eastern Europe Feb 28, 2014 - 12:08 PM GMT

By: LewRockwell

Politics

Eric Margolis writes: The surging crisis in Ukraine is a dramatic example of how wars begin. Take arrogance, toxic nationalism, tribalism, moral outrage and profound miscalculation, mix thoroughly, and, voilà !, another great leap forward in the march of human folly.

Russia just mobilized its western regions armed forces, an inevitable response to the growing turmoil in Ukraine. Most westerners are unaware that Ukraine is the cradle of Russian civilization and, when properly run, one of the world’s great producers of grains.


Now that western Ukraine has fallen to anti-Russian, nationalist groups, Russia-oriented eastern Ukraine is also threatening to explode. This nation of 44 million is already de facto split into two parts. How Ukraine’s armed forces respond remains an important question. On Thursday their command vowed to resist any incursion by Russian troops, but loyalties remain uncertain.

Unrest and some violence have now erupted in Crimea. Though 80% ethnic Russian, this highly strategic peninsula was given by the Soviet leadership to the Soviet Ukrainian Republic in 1954. The result, some say, of a grandiose, drunken gesture by Kremlin leader Nikita Khrushchev, a former Ukraine party boss. Back then it mattered little.

Today, Khrushchev’s gift has become a poisoned chalice. On my last assignment in Crimea, it was clear that most of its people desired reunification with Russia.

Equally important, Sevastopol is Russia’s second most important naval base, and its gateway to the Mediterranean.

Adding complexity, Crimea’s remaining Muslim Tatar population is now calling for their own state independent of Russia. Crimea was once primarily Tatar, the descendants of the 13th century Golden Horde of primarily Kipchak Turkic nomads. The Khanate of Crimea lasted five hundred years until crushed by the expanding Russian Empire.

In the 1940’s, under Stalin’s orders, southern Russia’s Muslim peoples suffered a holocaust in which 3 million were murdered by NKVD secret police firing squads or from starvation and disease in the gulag.

Tatars who survived Stalin’s murderous reign, filtered back to Crimea, only to find their homes and land had been seized by ethnic Russians. Tatars remain a partly homeless internal refugee population calling for redress from the uncaring Russian state. Many Tatars want no part of Russia – like their fellow victims of Stalin, the Chechen.

For Russians, Crimea is not only the principal base of the Black Sea Fleet, the peninsula also was the scene of the epic 250-day siege siege of Sevastopol in 1941.

In a brutal battle for the port and rest of Crimea, the Germans employed monster 800mm and 600mm guns against Sevastopol’s forts that fired 6-7 ton shells that had been built to destroy France’s Maginot Line forts. Sailors of Russia’s Black Sea Fleet played a notable role in the defense. Sevastopol was rightly proclaimed a Hero City of the Soviet Union.

Sebastopol has been Russia’s gateway to the south since the days of Catherine the Great. Crimea is renowned for its sweet wines and the historic resort of Yalta where the doddering fool Franklin Roosevelt, surrounded by Soviet spies and hidden microphones, gave half of Europe to the gleeful Stalin.

Crimea was the epicenter of the 1853-1856 Crimean War in which Britain, France and Turkey combined to block Russian expansion into the Balkans. Most famous, of course, was the disastrous charge into the face of massed Russia guns of the British Light Brigade near Balaclava. Just to the south is a remarkable former Cold War Soviet submarine base hewn into a mountain large enough to hold six-eight u-boats.

The Cold War seems to be resuming, at least in Ukraine. Unrest is also brewing in neighboring Belarus, a nasty Stalinist dictatorship closely aligned with Moscow.

The West and Moscow are trading accusation of meddling in Ukraine. In truth, both are busy stirring the pot, a dangerous game that has brought NATO and Russia to the brink of armed confrontation. The neocon Undersecretary of State for Europe, Victoria Nuland, said US has spent $5 billion promoting anti-Russian groups in Ukraine. Chances of a Ukrainian civil war are also rising.

Ukraine is flat broke. Kiev needs at least $35 billion in immediate loans. Russia has withdrawn its offer of $15 billion. Who wants to lend money to a bankrupt, chaotic Ukraine filled with restive, angry people?

Eric Margolis [send him mail] is contributing foreign editor for Sun National Media Canada. He is the author of War at the Top of the World and the new book, American Raj: Liberation or Domination?: Resolving the Conflict Between the West and the Muslim World. See his website.

Copyright © 2014 Eric Margolis

http://www.lewrockwell.com

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules