Putin allowing this to get out, and his threats of nuclear response to any western interference...seems like he's smells the weakness, chaos... in the west, and playing all his cards.
Vladimir Putin made the Budapest Memorandum a dead letter with his first invasion of Ukraine in 2014. But the betrayal of Budapest isn’t forgotten in Kyiv, as President Volodymyr Zelensky noted bitterly in weekend remarks in Munich.
Budapest shows again the folly of trusting parchment promises in a world where autocrats think might makes right. More damaging is the message that nations give up their nuclear arsenals at their peril. That’s the lesson North Korea has learned, and Iran is following the same playbook as it connives to build the bomb even as it promises not to do so.
The inability of the U.S. to enforce its Budapest commitments will also echo in allied capitals that rely on America’s military assurances. Don’t be surprised if Japan or South Korea seek their own nuclear deterrent. If Americans want to know why they should care about Ukraine, nuclear proliferation is one reason. Betrayal has consequences, as the world seems destined to learn again the hard way.
Hadn't read that, but damn, the more I hear from Zelensky the more I like him.
That fits the neo-fascist mold, wie das Faust aufs Auge, to use an apposite German phrase.. Fighting imaginary demons to gain control of .. . what exactly? Your own people?
It will only be a matter of time before any neo-fascist enterprise fails:
1. Either it is beaten down from outside forces
or
2. it succeeds and starts consuming itself from within for want of a perceived enemy.
Nazi Germany suffered from both of these. It didn't manage to rid itself of its demons even when it conquered most of Europe and had exterminated literally millions of its perceived enemies (who were quite innocent) and even before it got push-back (from Russia ironically enough) and the other allies it was already crippled by internal fighting.
Putin's Russia is an attempt to resurrect the one-party state of the Soviets and extend Russian influence. To do this it needs imaginary enemies (in this case the allegation that NATO is adversarial and out to invade it) and is willing to exterminate its own people to reinforce this narrative. Sooner or later it will devour itself from within. It's already corrupt as hell, dependent on exporting oil and gas to earn revenue but it can't help but frame the very people it sells to as its enemies.
there is no way this can end well for Russia.
i agree and there's a nonproliferation lesson in this too...
Kyiv gave up its nuclear weapons in return for security assurances. So much for that.
By The Editorial BoardFeb. 23, 2022 6:52 pm
As the people of Ukraine steel themselves for a Russian attack, itâs worth recalling how the U.S. persuaded the country to give up its nuclear weapons. The event was the Budapest Memorandum of 1994, in which the U.S., Great Britain and Russia offered security assurances to the nation that had won independence when the Soviet Union dissolved.
That was the halcyon post-Cold War era when history had supposedly ended. Some 1,800 nuclear weapons were on Ukrainian territory, including short-range tactical weapons and air-launched cruise missiles. The U.S. wanted fewer countries to have fewer nukes, and U.S. credibility was at its peak.
The memo begins with the U.S., U.K. and Russia noting that Ukraine had committed âto eliminate all nuclear weapons from its territory within a specified period of time.â Then the three countries âconfirmâ a half-dozen commitments to Ukraine.
The most important was to âreaffirm their obligation to refrain from the threat or use of force against the territorial integrity or political independence of Ukraine.â They also pledged to ârefrain from economic coercionâ against Ukraine and to âseek immediate United Nations Security Council action to provide assistance to Ukraineâ in the event of an âact of aggressionâ against the country. Ukraine had returned all of the nuclear weapons to Russia by 1996.
Vladimir Putin made the Budapest Memorandum a dead letter with his first invasion of Ukraine in 2014. But the betrayal of Budapest isnât forgotten in Kyiv, as President Volodymyr Zelensky noted bitterly in weekend remarks in Munich.
Budapest shows again the folly of trusting parchment promises in a world where autocrats think might makes right. More damaging is the message that nations give up their nuclear arsenals at their peril. Thatâs the lesson North Korea has learned, and Iran is following the same playbook as it connives to build the bomb even as it promises not to do so.
The inability of the U.S. to enforce its Budapest commitments will also echo in allied capitals that rely on Americaâs military assurances. Donât be surprised if Japan or South Korea seek their own nuclear deterrent. If Americans want to know why they should care about Ukraine, nuclear proliferation is one reason. Betrayal has consequences, as the world seems destined to learn again the hard way.
That fits the neo-fascist mold, wie das Faust aufs Auge, to use an apposite German phrase.. Fighting imaginary demons to gain control of .. . what exactly? Your own people??
It will only be a matter of time before any neo-fascist enterprise fails:
1. Either it is beaten down from outside forces or 2. it succeeds and starts consuming itself from within for want of a perceived enemy.
Nazi Germany suffered from both of these. It didn't manage to rid itself of its demons even when it conquered most of Europe and had exterminated literally millions of its perceived enemies (who were quite innocent) and even before it got push-back (from Russia ironically enough) and the other allies it was already crippled by internal fighting.
Putin's Russia is an attempt to resurrect the one-party state of the Soviets and extend Russian influence. To do this it needs imaginary enemies (in this case the allegation that NATO is adversarial and out to invade it) and is willing to exterminate its own people to reinforce this narrative. Sooner or later it will devour itself from within. It's already corrupt as hell, dependent on exporting oil and gas to earn revenue but it can't help but frame the very people it sells to as its enemies.
Was wondering how much US debt russia owned...not much, last i saw it was about $5-$6B in mid 2021...down from over $160B in 2014.
China still owns over $1T, so there's that.
This article dates back to 2018, when they cut another chunk.
Russia dumped 84% of its American debt. What that means
by Matt Egan@MattEganCNNJuly 30, 2018: 1:28 PM ETMnuchin: U.S. debt to China does not give them leverage
Russia has rapidly sold off the vast majority of its stash of American debt.
Between March and May, Russia's holdings of US Treasury bonds plummeted by $81 billion, representing 84% of its total US debt holdings.
The sudden debt dump may have contributed to a short-term spike in Treasury rates that spooked the market. 10-year Treasury yields topped 3% in April for the first time since 2014.
It also sparked a guessing game about Moscow's motivations. Maybe Russia just wanted to diversify its portfolio, as the central bank stated. Or perhaps Russia was seeking revenge for Washington's crippling sanctions on aluminum maker Rusal.
Either way, there's little debate over the long-term impact. Russia's selling has not hurt America's ability to borrow money.
That's because investors — particularly life insurers and pension funds that serve aging baby boomers — have a big appetite for fixed income. Treasury rates quickly descended back below 3% because demand for bonds continued to grow.
This was a done deal based on how Biden handled Afghanistan.
Yup, if Trump wasn't such a dumbass...loosing the election, or letting it get stolen from him, none of this would have happened.
If you really want to blame one person, pretty sure who that man is.
Regarding the “why now” question: I read an interesting take on this yesterday, before the start of the invasion. Trump talked about NATO being obsolete and perhaps US withdrawing from it during his campaign and at times during his presidency. That plus Trump’s expressed disdain for allies, such as Germany. The gist: Putin may have thought the weakening and maybe even dissolution of NATO would occur under Trump.
That makes sense. I'd even go further and say it is not just the weakening and dissolution of NATO he hoped for. At the same time there was (still is) a simultaneous dearth of Russian troll factories and widespread swing to right-wing nationalism throughout many western countries. This may have given Putin cause to think the weak and decadent west would simply dissolve by itself due to its moral turpitude and he could stride forward as the leader of a new (old) era of Soviet glory and regain its place as the leader of (Soviet) nations or something equally bizarre. The strong man bashing old fashioned morality into people by force if necessary. Neofascism is what I would call it, plain and simple.
A chilling parallel: the Nazi invasion was announced with "4 am, bombing of Kyiv". This time around its "5 am, bombing of Kyiv". Putin huilo indeed.
Now those dreams of neo-fascist glory are fading, it's kind of a last ditch, now or never thing. Just now we can all see his true face, as if anyone was in any doubt.
This was a done deal based on how Biden handled Afghanistan.
Sorry, no.
Russia's invasion is massive and well-coordinatef. It required a great deal of planning and preparation. Russia likely started planning this attack long before Biden's and even Trump's announcements on pulling out of Afghanistan.
This was a done deal based on how Biden handled Afghanistan.
You mean for finishing what Trump wanted and started? It was a no win situation, unless you wanted to invest a lot more into it. Frankly I blame Obama for not getting us out sooner. Clearly Russia also did not learn anything for their time there.
Location: Perched on the precipice of the cauldron of truth
Posted:
Feb 24, 2022 - 7:21am
Regarding the âwhy nowâ question:
I read an interesting take on this yesterday, before the start of the invasion. Trump talked about NATO being obsolete and perhaps US withdrawing from it during his campaign and at times during his presidency. That plus Trumpâs expressed disdain for allies, such as Germany. The gist: Putin may have thought the weakening and maybe even dissolution of NATO would occur under Trump.
