I was just reading the EU $15 billion proposal for the Ukraine. They want to devalue the Ukrainian currency and that will mean Ukrainians will pay more for everything. They also want to double the price of Natural Gas to the people because it is subsidized. They want to upgrade the pipeline infrastructure with foreign funds and that leads to foreign ownership. Great bunch of guys just wanting to help out, don't you think. Now Russia had reduced the price of Natural Gas well below World Market prices to the Ukraine and that reduced the costs to the people. The EU wants to do the opposite and increase the price to the people. Russia agreed to take Ukrainian bonds to the tune of $15 billion to assist Ukraine and the EU wants pipeline deals, concessions, etc, to include devaluation of the Ukrainian currency and the Ukrainians will have to pay back with a devalued currency, costing them even more. Business per usual. A lot of pockets gonna be lined with gold in Kiev, methinks.
If anything, this is due to a lack of intervention. The economic conditions that allowed Putin to rise to power were a predictable result of the Russians not allowing foreign intervention. The Soviet Union failed and was bankrupt. After the fall, their economy needed huge infusion of capital in order to build the businesses and infrastructure needed. However, Russia acted in a protectionist manor and blocked a lot of foreign investment and development.
Any country trying to emerge from the destruction wrought by a socialist economy is too bankrupt to have the capital necessary to rebuild in a short period of time. Protectionist minded economies, even those based upon capitalism, fail almost as much as socialized economies, because they do not have the capital to invest to build and become competitive in the world market.
Be sure to work hard and get lots of overtime. People on welfare want more steaks and free upgrades to smart phones with unlimited data packages.
People with a tenuous grip on the notion of causality may suffer under the missaprehension that events in the Middle East somehow precipitate actions in faraway Ukraine, but those of us with a more logical bent realize that human events are never quite so benightedly simplistic.
Certainly that old nugget of "the chickens coming home to roost" has been done to death by those idiot children at Couterpunch, but is there not a single event that can ever happen for reasons that have to do with those actually involved?
"you're better off on Stormfront discussing how evil brown men are taking innocent white flowers." Infinite Chaos
I think our interventionist PRESENT is...not exactly haunting us because that doesn't work....
But I'm not sure it applies to the situation in Ukraine, however.
Or it might, but if WE'RE intervening, it is seemingly only in response to Russia intervening first. But with the amount of intervening going on these days, who knows?
Sometimes I think we're alone. Sometimes I think we're not. In either case, the thought is staggering. ~ R. Buckminster Fuller