Two interesting threads on the Real News Network in the past few weeks - the first about the new low Oil Price - and the other about the recent splitting of the Global Economy into two powerful camps
Together I consider these as part of the continuing fallout from the Washington Empire's recent annexation of western Ukraine from the Russian sphere of influence ...
Below are embeds and links to three The Real News Network stories from second half of December 2014:
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Update - Dec 30 2014: Part II of the Larry Wilkerson Interview on Economic Warfare is up - where Wilkerson does make the connection between the Ukraine Civil War and the new low Oil Price.
Update Video:
TRNN - December 29, 2014:What are U.S. Objectives in Weakening Russia's Economy?
What are U.S. Objectives in Weakening Russia's Economy?
Larry Wilkerson and Paul Jay discuss the "tactical strength and strategic weakness" of Putin in Ukraine and whether the West is trying to turn Russia into another "Greece".
Youtube- TRNN Channel | What are U.S. Objectives in Weakening Russia's Economy?: http://youtu.be/_ai9nDDk3sQ
1st Video:
TRNN - December 28, 2014:US/Saudi Oil Play Is Economic Warfare
US/Saudi Oil Play Is Economic Warfare
Lawrence Wilkerson says the target of low oil prices is Russia and Iran, throwing their economies into turmoil and opening their doors to sovereign raiders.
Youtube- TRNN Channel | US/Saudi Oil Play Is Economic Warfare: http://youtu.be/fux6lsz9HU8
The 2nd Video:
TRNN - December 15, 2014
Russia Rejects South Stream Pipeline Through Europe
Hudson Report: Europe's effort to join the US in isolating Russia has backfired, it makes no sense to build an oil and gas pipeline for Russian exports that would be owned and leased to them by the US and Europe.
Russia Rejects South Stream Pipeline Through Europe
(Embedding disabled by request)(?)
Youtube - TRNN Channel | Russia Rejects South Stream Pipeline Through Europe | http://youtu.be/7YAIiF3hvzM
The 3rd Video:
TRNN - December 14, 2014:
Russia Pivots to Eurasia for Trade and Military Alliances
Michael Hudson Report: The United State's renewed cold war policy to isolate Russia is dividing Europe and changing the orbit for China and Asia
Russia Pivots to Eurasia for Trade and Military Alliances
Youtube- TRNN Channel | Russia Pivots to Eurasia for Trade and Military Alliances | http://youtu.be/nflZSjiofr8
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In the top video I think Lawrence Wilkerson misses the chance to make the connection between the Eastern Ukraine Civil War (Washington, Russia proxy war), and this Oil Price Economic Warfare.
This Ukraine Adventure is the first great test of the American Empire. The Empire's gambit is to break Russia's hegemony in Central Asia through a Crimean Civil War (which they started, and will supply). The Russian embargo has lead to Russia to create other trading relationships - and this is the reason for the flood of cheap American oil in the market today.
I look at it in an historical context:
Today at the wsj they say US Oil production is to remain high; and the Saudi's announced last week they will not drop production.
Since the dissolution of the Soviet Union, The Global Empire Project has been probing Russia's sphere of influence for weakness. To Russia's west - new NATO members (Hungary, Czech Republic, Poland, Estonia, Latvia, Lithuania, Slovenia, Slovakia, Bulgaria, and Romania); and to her south (coupes, black-ops in Kyrgyzstan1, Georgia2 and Azerbaijan - and in 2014, Ukraine).
These ancient boundaries and sphere's have been in place for millennia. It is common knowledge amoung historians3 that in order for Russia to maintain her global position she must hold the Black Sea (and in the modern naval era - 1750 to present4 - that means a naval port at Sevastopol, Crimea).
In Georgia in 2008, when the CIA/US Embassy tried to pull of a putsch, Russia sent in crack armies into Georgia. Russia was saying - this region is strategic. Here is a line that you shall not cross (at threat of mutually assured destruction - great-power war).
But this isn't American two-super-power tactics - where a hot war is just left to simmer - now this is Empire. In the Ukraine The Empire has taken a bold march east; and she must now hold on to it, and project it. An Empire is too over-stretched to allow a perception of mortality - it cannot lose or draw; cannot be seen to lose or draw.
Oil (and other energy) is what projects the Empire's power around the globe. So to use the price of oil as a weapon in this cracking of the Russia sphere at Crimea shows the observer just how important The Ukraine is the the geopolitical chess masters in Washington.
For Russia their understanding is that the G7 is no longer pretending to be the world government that all economies would somehow share a representative say in - Russia knows now, it is just another a weapon of the Global Empire - with Russia looking on from the outside.
Russia's response is to try to expand trade agreements with China - and other not-so-globally-supreme powers. The Eurasian Economic Union5 for example.
So now with lower energy prices China is enticed back to her seaports to import her energy needs - and all of a sudden a pipeline deal with Russia seems a lot less important. China's ease is Russia's worry - just the way the US has always played this part of the grand game. Geo-politically, unity of the economies of China and Russia would be a disaster for the Global Empire.
So deals that China and Russia are making right now take them out of the US Oil Dollar economy, creating economies outside the US economic sphere. These 'sub-economies' are created by using state-to-state bond transfers, the creation of internal subsidies and the use of internal monetary mechanisms not based on World Bank policy (not allowed in G7 economies).
Next step towards WWIII is a political one - the fascist-quisling puppets in Kiev are to vote to join NATO next.
This little skirmish in eastern Ukraine is Russia's last military stand before Volgograd - her gateway on the Caspian Sea to the Black Sea and the Mediterranean.
References:
1 EurAsiaNET - December 28, 2014 | While U.S. Negotiated Over Manas, Pentagon Intensified Kyrgyzstan Special Forces Training | http://www.eurasianet.org/node/71496
2 NYT - August 13, 2008 | Bush, Sending Aid, Demands That Moscow Withdraw - reported by Steven Lee Myers, Sabrina Tavernise, Ellen Barry - written by Sreven Lee Myers | http://www.nytimes.com/2008/08/14/world/europe/14georgia.html?oref=slogin&_r=0
3 Recent History of Empires in Crimea:
Map (image via Wikipedia | The Golden Horde | http://en.wikipedia.org
/wiki/Golden_Horde ) shows the extent of the Mongol state known (in the west) as 'The Golden Horde' (1240s–1502).
Later - the Ottoman Empire(1299–1923) controlled the region. As soon as it controlled Crimea(1481) it controlled the Black Sea coast and parts of Asia to the east. As soon as it lost Crimea (Russian Empire - 1774) the Ottoman's no longer controlled the northern coast or any part of Asia north of Georgia. (Check the "Rise and Fall of the Ottoman Empire 1300-1923int.gif" from Wikipedia)
This border alignment is reflected in the later Russian Empire (1721-1917) and the Soviet Union's borders (1921-1998).
If you control Crimea, then you control the Black Sea, the Caspian Sea, and Central Asia east to the borders of China and Mongolia.
In modern times that means huge proven sources of natural resources - including Oil and Gas that could supply China's emerging advanced industrial economy.
4 Wikipedia | Naval Artillery, Scientific Gunnery, New Principles in Gunnery (1742) | http://en.wikipedia.org/wiki/Naval_artillery#Scientific_gunnery
5Eruasian Economic Union | Guardian Weekly - October 28, 2014 | "Vladimir Putin’s Eurasian Economic Union gets ready to take on the world" - by BenoĆ®t Vitkine | http://www.theguardian.com/world/2014/oct/28/eurasian-economic-union-russia-belarus-kazakhstan
Video News Stories at TRNN:
TRNN - December 29, 2014 | What are U.S. Objectives in Weakening Russia's Economy? | http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=12894
TRNN - December 28, 2014 | US/Saudi Oil Play Is Economic Warfare | http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=12892
TRNN - December 15, 2014 | Russia Rejects South Stream Pipeline Through Europe | http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=12811
TRNN - December 14, 2014 | Russia Pivots to Eurasia for Trade and Military Alliances http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=12786
Recent History of Crimea - at Wikipedia:
Wikipedia | The History of Crimea | http://en.wikipedia.org/wiki/History_of_CrimeaWikipedia | The Golden Horde(1240s–1502) | http://en.wikipedia.org/wiki/Golden_Horde
Wikipedia | The Ottoman Empire (1300-1923) | http://en.wikipedia.org/wiki/Territorial_evolution_of_the_Ottoman_Empire
Wikipedia | The Russian Empire (1721-1917) | http://en.wikipedia.org/wiki/Russian_Empire
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