If the ‘west’ really wants to deprive Russia of money it must immediately lift the sanctions and restart importing oil, gas and coal from Russia at then much lower prices.
Russia will not lack money to finance the rebuilding of Novorossiya’s great industries. Once that is done those areas are evidently able to support themselves and to guarantee a high standard of living. They will also have enough money to militarily defend themselves against anything the poor rest of Ukraine will be able to finance.
At the end of March, after negotiations between Russia and Ukraine in Turkey, there was nearly an agreement on a ceasefire and on the end of the war. Joe Biden then tasked Boris Johnson with telling Zelensky to continue the war. The ‘west’ would otherwise stop paying him. Zelensky did as he was told and stopped all negotiations with Russia.
An agreement with Russia at that time would have kept the Ukraine mostly as one state with only minor losses in the Donbas. But the decision to continue the hopeless war also ended all chances for Ukraine to keep its riches.
It will be poor and helpless while its ‘western’ neighbors will feast on it.
Tag: mineral deposits
[2013] U.S. Geopolitics: Afghanistan and the Containment of China
U.S. Geopolitics: Afghanistan and the Containment of China
China’s fear is replicating the fall of the Soviet Union. When its borderlands, Central Asia and Transcaucasus, were lost, the Russian core shattered into three states: Byelorussia, Ukraine, and Russia. Should China loses its borderlands, Tibet and Xinjiang, the Chinese core may similarly shatter.