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Cameron Waugh
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Ukraine Announces Full-Scale Army Operation on Pro-Russian Militants in Seized Buildings; Verge of C - Mish - Global Economic Analysis

The backlash against the newly installed IMF puppets was anticipated - it was coming sooner or later. Introducing austerity by cutting pension funds by as much as 50%, to facilitate an IMF loan, tends to act as a catalyst for unrest - which leads me to think the process was deliberate. Europe can't afford the bail-out nor can it afford to not purchase Russian gas. The whole situation places enormous pressure on Europe, particularly Germany. They could always buy Russian gas from China but at what price ? China will never place sanctions on Russia so how can sanctions hurt a friend of China that is also large enough to have 12 time zones ?
The whole Western backed plan for regime change in Ukraine is a complete disaster, and clearly, the worst is yet to come.
Perhaps more sanctions will force Russia ( with China's support ) to drop the golden hammer on the fiat ponzi scheme - that way the uneducated majority will have a scapegoat for the collapse of the financial system as we know it. Military involvement might see you lose your Raspberry wine stash. Unthinkable. Even rows 1-8 might not be as safe as anticipated if such an escalation was to occur. We can only hope cooler heads prevail, however unlikely that may seem at the present moment.

Commented 3664 days ago

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Beginning of the headline :In what some call "crunch time" others a worst case scenario, Ukraine Announces Full-Scale Army Operation on Pro-Russian Militants in Seized Buildings. Ukraine's president says a full-scale operation involving the army will be launched in the east after pro-Russian militants seized government buildings. Acting President Oleksandr Turchynov said he would not allow a repetition of what happened in Crimea which was annexed by Russia last month. His live televised address from parliament came af... Read More

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