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(Honestly, it'd be cool to know how to say...)
Remember that invasion of Georgia by Russia a little while ago? And how it was - in large part - about Russia's control of gas to Europe? I mean, after nationalizing the gas industry, international competition was the next logical step, I suppose... especially added to other, more swagger-y, motivations.
At any rate, they've started to strong-arm Europe - again - by cutting off gas supplies. (h/t: Drudge, who's finally taken that indecent upside-down skier pic off his site, LOL... must've been a slow news day yesterday.)
It's not the first time they've done it.
And it's not a coincidence that this is happening while our oil & gas prices are low. Low oil prices (ha - and Marx thought *religion* was the opiate of the masses?) are good for us, since we use so much imported oil; but they're very, very bad for Russia, who exports it. Put that struggling, oil-dependent economy, (even worldwide economic dollar issues aside), together with a populace that largely worships a KGB dictator, and we're looking at a very desperate, cornered bear.
Gives a whole new meaning to the term, "Bear Market," doesn't it?
07 January 2009
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3 comments:
уже виденное ("already seen") or even just дежа вю (the French words transcribed in Cyrillic).
Hi there. I was about to put out an APB for you.
Russia is up to something. They are always up to something. We really need to keep a close eye on Russia. Russia wants to be a world super power again and they see us as being in the way.
I think they will continue to do anything they can indirectly that will affect us directly.
Amritas - Awesome! :-) Thanks! :-) I really would love to learn Russian - I bought all this stuff in college but gave it away when I moved because I'd never gotten around to starting it, LOL - so now I'm left with a whole lot of curiosity and no language-learning budget, LOL... *sigh*.
It's Just Me - Hi back! Glad to be posting again; things have just been busy, and - until the recent onslaught - the news seemed relatively quiet, or at least not needing my own little brand of spieling, LOL. But back to the blog-stone it is! ;-)
And yes, Russia is *definitely* ... "up to something." (I keep picturing Alan Rickman as Professor Snape when I hear that phrase, which, thankfully, keeps me from feeling overly burdened by its meaning. ;-)
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