Debt Rattle Mar 3 2014: Is Ukraine A Case of Botched Kingmaking?

 

Home Forums The Automatic Earth Forum Debt Rattle Mar 3 2014: Is Ukraine A Case of Botched Kingmaking?

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  • #11575

    John Collier San Francisco, Monday morning after Pearl Harbor 1941 John Kerry made me laugh yesterday. Not that he seems to be a very amusing man, but
    [See the full post at: Debt Rattle Mar 3 2014: Is Ukraine A Case of Botched Kingmaking?]

    #11576
    Professorlocknload
    Participant

    East West Proxy War. No more, no less. He who controls Western Europe’s energy supply controls it’s ultimate allegiance.

    My guess is, since Putin controls energy “in” at the Russian/Ukraine border, Ukraine proper isn’t in his sights. The low bidder will transport gas and oil through, and he doesn’t need another net debtor protectorate in The Ukraine anyway.

    He’ll just let the EU/Yellen and Co. have it, seeing to it that it costs them plenty.

    Crimea, on the other hand, offers strategic maritime advantage, so it will remain in the “portfolio.”

    Unless, of course,,,https://www.poetryfoundation.org/poem/174586

    #11577
    Raleigh
    Participant

    “Every nation-state, from brutal dictatorships to nominal democracies, ultimately depends on a spoils system that provides the various factions, classes, etc., with sufficient material and status benefits to accept the Status Quo arrangement. […]

    The spoils system is not only the foundation of every Elites’ political legitimacy, it is the thin layer of plaster that covers all the longstanding ethnic, regional, linguistic, religious and political fault lines that run beneath current nation-state arrangements.

    As noted in yesterday’s entry Ukraine: A Deep State Analysis, numerous national borders were drawn after World War II (1945) with little regard for historical divisions between various groups or preceding borders.

    Entire nations were penciled into existence by Imperial diktat in complete disregard for existing historical groups–Iraq and Syria being just two examples of many.

    As long as the stick of repression and the carrot of the spoils system were sufficiently persuasive, the tectonic plates beneath the regime were masked. But once the spoils system and the machinery of suppression crack, the old rivalries arise anew.

    The spoils system can crack for two reasons: either the national surplus declines so there simply isn’t enough spoils left to keep everyone placated, or the spoils diversion to the Elites and their cronies exceeds the tipping point of legitimacy.”

    https://www.oftwominds.com/blogfeb14/spoils2-14.html

    When times are good, problems stay below the radar. When countries are divided up willy-nilly by distant leaders who draw circles on maps, when these leaders bring in cheap immigrant labor in order to force down wages, when the elite loot, it isn’t a big surprise that there be fireworks when economies get depressed. All the fuel that was thrown on the fire when times were good now suddenly ignites.

    Nationalism can be a very bad thing, but it seems to me that the opposite is equally true. Unless there is ‘some’ feeling of togetherness, you really have nothing; in good times it just looks like you do.

    #11578
    Ken Barrows
    Participant

    I always find people funniest when they are not trying to be. It’s a rare charm for generally rapacious humans.

    #11579
    Professorlocknload
    Participant

    Wow, that didn’t take long! Headline as seen on ZH this afternoon

    “OBAMA URGES CONGRESS TO PROVIDE PACKAGE OF ASSISTANCE QUICKLY TO UKRAINIAN PEOPLE; SAYS SHOULD NOT BE PARTISAN ISSUE ON CAPITOL HILL”

    #11580
    Professorlocknload
    Participant

    Raleigh,
    on Nation States;

    “All governments suffer a recurring problem: Power attracts pathological personalities.” Frank Herbert

    The man on the gas/oil shutoff valve to The Ukraine and beyond, to a most important EU player at this point, Germany, is as Pathological as the drone pilot in Washington DC, who is facing a Congressional election.

    Talk about potential economic sanction? Reminds of the “Never Give Up” poster of the heron with the frog in it’s beak, the frog holding a firm grip on the birds throat.

    Could it be, Potus is rushing along funds to The Ukraine so it may pay it’s $billions in arrears to Gazprom? Vlad’s pals?

    Yup, the grass suffers.

    #11588
    Sufferin Succotash
    Participant

    “Man makes his own humor, but he does not make it just how he pleases.” — Karl Marx.

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