22 Minutes, 25 Slides
Gordon T Long and Macro Analytic co-host Charles Hugh Smith discuss the current situation in the Ukraine from the perspective of what westerners must understand about the escalating crisis. As usual it is about Power and Money and has little to do with the needs of the Ukraine people. The public must not confuse the needs of sovereign powers with the strategies of the 'elites', or as Charles Hugh Smith refers to as the "Deep State".
An Ethnic Divide
The Ukraine area is actually two countries ethnically, with historically the Crimea always been part of Russia. This ended abruptly when in the 50's a reportedly drunken President Nikita Khrushchev (the only Ukrainian Russian President) annexed the Crimea to the Ukraine. As a result of this decree, which was chronicled to have taken less than 15 minutes of consultation, a large Russian population and the Russian Navy's only southern warm water port was annexed to the Russian Ukraine.
The Petrodollar & LNG
Critically and little appreciated is that the US Petrodollar strategy is at stake in this fight. LNG is not oil which the Petrodollar is based on. LNG distribution and pricing in US dollars therefore must be achieved at all cost. This is a central reason for the regime change in Syria. LNG sold only in US dollars from Saudi Arabia / Qatar (and soon also through Africa) will halt Rubble:Euro exchange and instead require the use of the US$.
There is a lot going on below the surface in the Ukraine. It is a choke point from an Energy, Economic and Military perspective.
This is all laid out clearly in a fast paced 22 minutes with 25 detailed slides.
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