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Wednesday, March 19, 2014

What the War Nerd says about the Crimea 

Over the years, whenever there is a war going on just about anywhere, it's The War Nerd, Gary Brecher, who seems to explain it better than anyone else.
So I've been wondering what he would say about the Crimea and here it is: basically, that the West is f**ked:
The two versions of Russia — McCain’s “gas station masquerading as a country” and Lake’s fearsome conqueror — both start from the same bitter knowledge . . . It’s a simple one: Russia will take Crimea, won’t pay a big price for it, and there’s not a thing anyone can do about it. . . . Russia is now the world’s #1 oil exporting nation, topping Saudi Arabia — that beacon of democracy and fine American ally — by more than a million barrels a day.
With reserves estimated at 80 billion barrels, Russia will have a stash of what everybody wants for a long, long time.
Which makes it kind of a big gas station . . . The crude must flow, no matter how crudely its Russian owners behave.
The only media that seem willing to acknowledge this are the finance sites. They can’t afford to let jingoism affect their bets, so they’ve been surprisingly clear-headed, saying outright that there’s nothing the West can do

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