Dr. Joseph P. Farrell
January 7, 2016
Remember all those economic sanctions that the USA demanded be imposed on Russia for its perfidy in the Ukraine for opposing Washington’s installed puppet government in Kiev and for not allowing its Black Sea Fleet base at Sevastopol to fall into NATO’s hands? At the time, I predicted that this was a short-sighted policy on Washington’s part at best, since Europe’s economic future lies in the expanded trade with the East, and with the integration into the Eurasian infrastructure projects that Russia and China have been championing. In particular, I pointed out that Europe’s “locomotive,” Germany, might politely mouth its obedience and perform the obligatory genuflexions to Washington, but the reality was – and is – that the economic and geopolitical future of the country, and therefore of Europe, lie eastward, not across the Atlantic ocean. What remained to be seen was whether Germany would lead in practice, while performing the perfunctory obeisance to Washington.This article, shared by Mr. V.T., says it all:
The article concludes where our “high octane speculation” begins, by highlighting the ineffectiveness of economic sanctions in bringing Russia to accede to Western demands in the Ukraine:
A recent poll conducted by the German-Russian Chamber of Commerce (ANK) has found that 80 percent of companies that have trade links with Russia believe that economic sanctions are not having their desired effect.