Monday, October 27, 2014

Heading for Recovery

"They are throwing their might (sic) to remove the risks they have created themselves, and they are paying an increasing price."

"[Libya, Syria and Iraq represent Washington policies gone awry. Had they strengthened peace and democracy?] No. The unilateral diktat and the imposing of schemes (on others) have exactly the opposite effect."

"No one wanted to listen to us and no one wanted to talk to us."
"Instead of a difficult but, I underline, civilized dialogue they brought about a state coup [in Ukraine]. They pushed the country into chaos, economic and social collapse, and civil war with huge losses."
"Russia will not be posturing, get offended, ask someone for anything. Russia is self-sufficient."
Russian President Vladimir Putin
Russia's President Vladimir Putin attends a meeting at the Valdai Discussion Club in Sochi, October 24, 2014.  REUTERS/Mikhail Klimentyev/RIA Novosti/Kremlin
Russia's President Vladimir Putin attends a meeting at the Valdai Discussion Club in Sochi, October 24, 2014.  Credit: Reuters/Mikhail Klimentyev/RIA Novosti/Kremlin

Indeed, as Vladimir Putin puts it, the United States has been on a bender, destabilizing the global order. It does this by attempting to impose its will on other nations. A pastime that Mr. Putin knows well, in fact, and of which he is a past master. The world, declared Mr. Putin on Friday (in a speech to no doubt wildly-applauding political experts), took place at Russia's Black Sea resort of Sochi, claims the world will face new wars should Washington continue to fail to respect the interests of other countries.

Like, presumably, the Russian Federation's interest, oops -- vested interest -- in Ukraine. Much less its interests in its former satellites in the Baltic region. Its interest in Ukraine is now, for the most part, reserved for east Ukraine, where he contends, the much-put-upon loyalists to Russian interests are having a most difficult time facing off against the Ukrainian regime which insists on imposing its military-led interests within its own geography.

Washington has led a destabilization impetus along with the equally-interfering European Union both within Ukraine, and aimed as well at Moscow. And while Ukraine's parlous financial situation may yet result in an economic-social meltdown that the Kremlin will find most regrettable, forcing it to cut off all assistance though it would break their loyal hearts, the dishonest and disreputable sanctions imposed on Russia's economic interests will only end in failure to succeed.

Allegations that Russia has engaged in undermining Ukraine through its incitement of the Russian-speaking rebel factions is a canard; Russia has done no such thing. The United States and NATO are simply inciting panic in the Baltic states for their own malicious purposes. And Mr. Putin won't have it, not one bit of it. Washington and its allies are responsible for bringing the world closer to a widespread conflict because of their interference.

They have been "fighting against the results of its (sic) own policy" in the countries of the Middle East which have undergone the ravages of internal unrest and conflict resulting from the meddling of Washington and its unprincipled allies. Syria's regime and Bashar al-Assad are misunderstood and under siege by terrorists. Moscow, on the other hand, wants nothing but peace and holds out goodwill to all, as it rests on its laurels and embraces its Crimea war-treasure.

As for the trifling decline of Russia $2-trillion economy looking to sink into recession with the tumbling currency and sinking oil prices, there are no plans to use the country's gold and foreign currency reserves to prop up the economy. It will rebound on its own once global problems, sanctions are lifted, and oil prices recover. Moscow has had some hefty expenses; the Sochi Olympics, the Ukraine mission -- scrub that -- and the expense of supporting Crimea's weak economy.

Russia's economy cannot sustain all those expenses with perfect financial equanimity while those in power keep lining their burgeoning bank accounts, moreover.

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