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Sputnik — Old Habits Die Hard: US Digs Up Cold-War Tool Seeking to ‘Bankrupt Russia’

Summary:
US-Russian relations continue hanging in the balance with NATO's expansion in Eastern and Central Europe and the Pentagon's controversial actions in Syria. While the US continues portraying Moscow as an adversary, the standoff is unlikely to translate into a nuclear conflict, American academic Vladimir Golstein told Sputnik.The US and the NATO are no longer hiding their goals, they are beefing up their military presence on Russia's borders, Vladimir Golstein, Associate Professor of Slavic Studies at Brown University, told Sputnik, adding that the West is trying to manipulate Moscow into engaging in yet another arms race with the Atlantic bloc.... Professor Goldstein argues that the US is provoking another arms race to force them to drain funding from domestic projects, believing that the

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US-Russian relations continue hanging in the balance with NATO's expansion in Eastern and Central Europe and the Pentagon's controversial actions in Syria. While the US continues portraying Moscow as an adversary, the standoff is unlikely to translate into a nuclear conflict, American academic Vladimir Golstein told Sputnik.

The US and the NATO are no longer hiding their goals, they are beefing up their military presence on Russia's borders, Vladimir Golstein, Associate Professor of Slavic Studies at Brown University, told Sputnik, adding that the West is trying to manipulate Moscow into engaging in yet another arms race with the Atlantic bloc....
Professor Goldstein argues that the US is provoking another arms race to force them to drain funding from domestic projects, believing that the Reagan arms buildup forced the collapse of the USSR.

Goldstein doesn't mention it but this is also happening in the case of China.

This has the advantage of direction government spending in the US toward the military-industrial complex and away from domestic welfare. What's not to like?



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.

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