Sunday, May 11, 2014

Addendum to "How Did We Get Here?"

By Gene Ogorodov

On May 10, 2014 Dr. Alexander Yakovenko, the Russian Ambassador to the United Kingdom, emphatically denied the possibility of Russian intervention in Ukraine, in an Op-Ed for RT. I will concede that conventional hot war between the US and Russia is not necessarily an "absolute certainty" as I said earlier. Avoiding war will require a spectacular amount of diplomacy (and more than a few very successful intrigues). The United States wants war with Russia, and it will get a war, even if Ukrainian troops have to retake Crimea and invade the undisputed territory of the Russian Federation. I don't believe that Russia has the tools at its disposal to stressfully avoid war.


I don't wish to demean the Russian Foreign Service. It has worked miracles in recent years. There is only so much that country as rich and as strong as the Russian Federation can do. The People's Republic of China has the wealth and power to avoid hot war with the US. In the hight of the Cold War the Soviet Union had the diplomatic capital to avoid conventional war with America. The Russian Federation is one of the strongest Great Powers in the world, but it is not a Super Power. In a global game politics its options are limited. Those limitations will be and probably are being exploited by the United States.

However, the real conflict between the US and Russia is not going to be waged with tanks and artillery. The US has initiated a financial war against the Russian Federation. Although it currently appears anemic with limited sanctions that most major trading partners with Russia will ignore, the Russian debt stands on the edge of being down graded to junk status by the US rating agencies. If that ever begins to mean anything the Russian economy will shrivel up under a shortage of fluid capital. If not the US loses its position as the global banker, which is the pillar of American Global Hegemony. In short Russia descends back into the chaos it experienced in the 1990's or the United States retreats into a new era of isolationism and the economic and political upheaval that will entail. One should not be fooled. This is a life and death struggle. It may take decades to play out, just like the last Cold War, but the world will be permanently altered by its outcome no matter what happens in the proverbial tranches.