Tuesday, April 29, 2014

Time is running out for the US dollar - News - Reality Check - The Voice of Russia

It is often speculated that some members of the US establishment are pushing Ukraine towards a military conflict with Russia. But why do it in such a hurry? A Russian economist claims that he knows the answer, alluding to the link between the latest international crisis and the fate of the US currency.

Russian diplomats have repeatedly criticized the US for not trying to restrain their Ukrainian underlings in order to make them respect the agreement reached during the recent Geneva meeting. US-sponsored Ukrainian junta is trying to provoke Russia to intervene in Ukraine in order to protect ethnic Russians and supporters of federalization. There can be only two results for such policy. Ukraine will either become the battleground for a long and bloody civil war or will become the target for a Russian military intervention. From the American point of view it is a win-win situation. If there is a civil war, the delivery of natural gas to Europe will be disrupted hurting both the European and the Russian economy. If Moscow decides that it has to intervene in Ukraine, Washington will ignore the ethic Russians killed by the US-sponsored junta and will claim that Russia is an aggressor. Such a strategy will give Washington a chance to force the EU to institute hard economic sanctions against Russia, but such sanctions will hurt the EU even more than Russia . According to Sergey Glazyev, economic advisor to President Putin, European Union stands to lose 1 trillion euro, if hard economic sanctions against Russia are enacted.

Complete story at - Time is running out for the US dollar - News - Reality Check - The Voice of Russia

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