Monday , May 6 2024
Home / Mike Norman Economics / Kenneth Rapoza – One Year After Russia Annexed Crimea, Locals Prefer Moscow To Kiev

Kenneth Rapoza – One Year After Russia Annexed Crimea, Locals Prefer Moscow To Kiev

Summary:
There was a bit of Putin bashing in the Guardian today and a reader replied criticizing Russia's invasion of Crimea. He also mentioned Putin's 'oligarchs'. I wrote this below.    Where are the pictures of Russian tanks and soldiers marching into Crimea? Not even the US can produce any with its amazing satellites of mass surveillance which can track our every move. Spooky or what?  The Russians get free health care unlike in the US where the oligarchs scam the public.           From Forbes magazine 2015; One Year After Russia Annexed Crimea, Locals Prefer Moscow To Kiev, by Kenneth Rapoza   Excerpt:  The U.S and European Union may want to save Crimeans from themselves. But the Crimeans are happy right where they are.  One year after the annexation of the Ukrainian peninsula in

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes Monte Carlo simulation explained (student stuff)

Mike Norman writes Corporate buybacks

Mike Norman writes Month end settlements

Angry Bear writes Biden finalizes rule opening up Obamacare to DACA recipients

There was a bit of Putin bashing in the Guardian today and a reader replied criticizing Russia's invasion of Crimea. He also mentioned Putin's 'oligarchs'. I wrote this below.   

Where are the pictures of Russian tanks and soldiers marching into Crimea? Not even the US can produce any with its amazing satellites of mass surveillance which can track our every move. Spooky or what? 
The Russians get free health care unlike in the US where the oligarchs scam the public.

          From Forbes magazine 2015;

One Year After Russia Annexed Crimea, Locals Prefer Moscow To Kiev, by Kenneth Rapoza  
Excerpt: 
The U.S and European Union may want to save Crimeans from themselves. But the Crimeans are happy right where they are. 
One year after the annexation of the Ukrainian peninsula in the Black Sea, poll after poll shows that the locals there -- be they Ukrainians, ethnic Russians or Tatars are mostly all in agreement: life with Russia is better than life with Ukraine. 
Little has changed over the last 12 months. Despite huge efforts on the part of Kiev, Brussels, Washington and the Organization for Security and Cooperation in Europe, the bulk of humanity living on the Black Sea peninsula believe the referendum to secede from Ukraine was legit. At some point, the West will have to recognize Crimea's right to self rule. Unless we are all to believe that the locals polled by Gallup and GfK were done so with FSB bogey men standing by with guns in their hands. 
In June 2014, a Gallup poll with the Broadcasting Board of Governors asked Crimeans if the results in the March 16, 2014 referendum to secede reflected the views of the people. A total of 82.8% of Crimeans said yes. When broken down by ethnicity, 93.6% of ethnic Russians said they believed the vote to secede was legitimate, while 68.4% of Ukrainians felt so. Moreover, when asked if joining Russia will ultimately make life better for them and their family, 73.9% said yes while 5.5% said no.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *