IMF

“The Russians are coming … again … and they’re still ten feet tall!”

Ever heard of the International Monetary Conference? No, I’m not referring to the annual meeting of the IMF and World Bank but rather to another, more secretive annual gathering – this one hosted by the American Bankers Association and bringing together chief executives from over 100 of the world’s largest banks.

Not since the US and EU took over Eastern Europe, including the Baltic countries, East Germany, Poland, and the Balkans and converted them into military outposts of NATO and economic vassals, have the Western powers moved so aggressively to seize a strategic country, such as the Ukraine, posing an existential threat to Russia.

The power grab in Kiev will not result in a ‘knife pointed at the heartland of Russia’
Not since the US and EU took over Eastern Europe, including the Baltic countries, East Germany, Poland and the Balkans and converted them into military outposts of NATO and economic vassals, have the Western powers moved so aggressively to seize a strategic country, such as the Ukraine, posing an existential threat to Russia.

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During frantic post-Second World War planning sessions in the West, the British Foreign Office noted its fears of “ideological infiltration” from the Soviet Union, a terrifying possibility it described as “something very like aggression.” This near-hysterical fear of independent nationalism has been the hallmark of Western foreign policy ever since. Lately it has been restored to its natural fever pitch by the crisis in the Ukraine.

A recent poll conducted by three Ivy League professors found that one in six people in this country could locate Ukraine on a map, and that the greater the person’s geographic ignorance, the greater the support for U.S. military intervention.
One might hope that after ensuing wars based on lies, people might wake up and realize that U.S. military intervention normally produces very unpleasant results for all involved. Still, you have the warmongers, calling for NATO action, catering to their audiences and receiving warm receptions from cable news talking heads.

Statistics are the magic, and the manna, of the economist. They are less reliable than weather forecasts; the meteorologist has a better chance of forecasting rainfall than an economist of forecasting economic growth. Things get even more testy over the issue of Gross Domestic Product, that great calculator of a nation’s economic output. The proof, in this case, lies outside the pudding, rather than in it.

Egypt is forming an economic dependence on funds from Saudi Arabia and the UAE that spells economic disaster for the vast majority of ordinary Egyptians who will be left paying the price.
As Egypt inches towards the first anniversary of the July 3 overthrow of president Mohamed Morsi, the economy continues to flounder. The military-backed government promised stability, but it won’t deliver this through reverting to failed Mubarak-era policies and relying on handouts from Gulf Security Council (GCC) states.

I doubt where the official numbers come from, those that say that Ukraine is evenly divided between those who support the West, and those who feel their identity is closely linked with Russia.
Maybe this might be the case in western Ukraine, in Lvov, or even in the capital, Kiev. But western Ukraine has only a few key cities. The majority of people in this country of around 44 million are concentrated in the south, east and southeast, around the enormous industrial and mining centers of Donetsk, Dnepropetrovsk and Krivoi Rog.