December 31, 2014
A system of security will not be directed against the Russian Federation, German Chancellor Angela Merkel said.
[Editor’s Note: Merkel continues to play a double game. The ‘flexibility’ that she is showing, much of that is driven by the growing public realization that EU leaders sold their own people out to a US policy that has been paid for on the backs of innocent EU constituents who have taken the sanctions hit.
Every week more articles appear showing that the West’s policy to destroy the Russian economy is going to take the EU down with it. And the smallest item on the list is the currency manipulation, partly due to the Saudi/US plan to bring oil prices down to kill the ruble.
To pay the $150 billion of EU bank debt due in 2015, which cannot be rolled over due to the sanctions, the Russians would have to spend $300 billion of rubles to buy $150 billion, which would drive the ruble even lower. Or…they can just default on the loans and watch the European banking system collapse.
Merkel below is still trying to cover the US-EU aggression with their terrorist driven regime change coup by pin,ing the aggression tail on the Crimea donkey. But that ploy is dead on arrival. The Crimea event happened as a result of the Western attack on Ukraine’s former government.
And what did it do to deserve this? The claims that he had stiffed the EU on their association offer were untrue. It was a crummy deal, offering no cash which Ukraine desperately needed, with a benefit maybe carrot that was five to ten years down the road.
Without Russian subsidies Ukraine would be bankrupt long before that. So Yanukovych tried to buy more time to find a way to straddle the fence. He wanted a year to negotiate some way to maintain Ukraine’s free trade status with Russia while increasing business with the EU.
Never mentioned in any of the reporting is that Ukraine had a trade deficit with the EU in the annual amount of Russia’s subsidies.
Who could blame the Russians with being unhappy with that situation when they had pumped $50 billion over the years into Ukraine to keep it afloat, partially due to Russian banks holding $25 billion in loans to Ukraine. You just can’t make this stuff up… Jim W. Dean ]
Continue reading here >>> http://www.veteranstoday.com/2014/12/31/merkel-eu-seeks-to-ensure-security-in-europe-jointly-with-russia/
