Tag Archives: Russia

[unable to retrieve full-text content]I’m old enough to remember Russia as the mother country to the Soviet Union. While the USSR was never a world-class economic power, it did punch above its weight as a military power under Stalin and for a couple decades after. Russia under Putin has been described as a gas station with an Army. Its […] The post Russia is not a global power appeared first on Angry Bear.

November 22nd, 2024 There are many reasons for regretting the resurrection of Donald Trump, but one overwhelming reason for welcoming it is that he is a peacemaker, not a war maker, and will actively leverage America’s power to pacify an increasingly dangerous world. Western leaders do not actively seek war with Russia, China, or Iran. But they do not actively seek peace. Ukraine is a case in point. Our leaders have repeatedly stated that it is up to Ukraine to define the terms...

Below is my speech on Ukraine in the House of Lords on the 25th of October. Unfortunately, time constraints forced me to leave out two bits of my argument which I will put in brackets in the text. “My Lords, I am usually put last on the speakers’ list in any debate on this topic, but I treat that as a badge of honour. I welcome the opportunity we have been given to take note. I have been taking note of the Government’s position on Ukraine for over two years now. It is unchanging: the...

There is only one acceptable end to the war in Ukraine. And it doesn’t involve giving Kyiv the weapons it would need to entirely drive Russia out Aug 14, 2024 “The nation must clearly speak with one voice,” declared Baroness Neville-Rolfe, then Conservative minister of state at the cabinet office, on 20th February 2024. No remark so neatly captures the mindset of Britain’s foreign policy and defence establishment on Ukraine.  The official view, from which Labour has never...

Daniel is based in western Europe where he teaches. Many of his students write essays which he posts from time to time. WE are allowed to answer his students as to the accuracy or thoughts of the essays. I am sure the news he obtains about eastern Europe is far mor accurate than what we are getting in the US about Russia and its causalities. Putin’s choice: 500,000 casualties by Daniel Zetland The one-handed economist This figure...

Jamie Galbraith presented, at the EPS session at the ASSA Meetings in San Antonio, the paper published by INET. As he said there: "Despite the shock and the costs, the sanctions imposed on the Russian economy were in the nature of a gift." A type of invisible hand effect, by which the unintended effect of the policy that should supposedly benefit US allies (Ukraine) has the unintended effect of helping its alleged enemies (Russia).From the abstract:This essay analyzes a few prominent Western...

[unable to retrieve full-text content]  GLENN DIESEN: Welcome to today’s program. My name is Glenn Diesen. I’m a professor at the University of Southeastern Norway. With me is my colleague Alexander Mercouris from the very informative and popular Duran. The guest today is none other than the excellent Michael Hudson, a very renowned economist. He’s written brilliant books, which Continue Reading The post Understanding America’s Post-Industrial Economy first...

Simple commentary. Just started to receive information on increases. Gasoline is a no brainer. We drive a fuel efficient vehicle and do five over as opposed to what others do. It is interesting to hear the complaints. Thirty-gallon gasoline tank plus fast driving and you are getting into some serious money. You can only tell them if they will listen. Most will not and get belligerent. Saudi Arabia and Russia have agreed to extend their voluntary...

I just finished “War and Punishment: The story of Russian oppression and Ukranian resistance” by Mikhail Zygar. I’ve read several books on Russian and Ukranian history written by historians. Zygar isn’t a historian, and the style of this book is more of a reporter, albeit one describing history.The writing here is vivid, if somewhat quirky. Zygar toggles frequently between present and past tense, which is sometimes distracting but can enliven the...

[unable to retrieve full-text content]Herodotus (History, Book 1.53) tells the story of Croesus, king of Lydia c. 585-546 BC in what is now Western Turkey and the Ionian shore of the Mediterranean. Croesus conquered Ephesus, Miletus and neighboring Greek-speaking realms, obtaining tribute and booty that made him one of the richest rulers of his time. But these victories and Continue Reading The post America has Just Destroyed a Great Empire first appeared on Michael Hudson.