Originally posted by Rockpuck
I don't know whats going to happen, how it will happen, and I cannot even imagine what the next few weeks will bring..
I think we, people on ats, need to begin preparation for contingency and begin mapping out possibilities and outcomes of the next few months..
"Those who fail to learn from History are doomed to repeat it."
A very recent discussion I had with a colleague centered around the current exploits of my colleague's friend, a gentleman currently attached to the
Pentagon, now on assignment in eastern Europe.
My workmate had asked my opinion of Russian President Medvedev's reported response to US Secretary of State Rice's "scolding" of Sept. 18, 2008.
In his response, President Medvedev stated thet he has authorized a 25% Increase in Russia's Defense Spending(!)
to secure Russia's
borders against foreign "incursions".
I noted that 25% was a very large increase, but realized that since Russia currently supplies much of western Europe's natural gas, they probably had
the Euros to pull it off.
Which led me to realize that the US, with its faltering economy, foreign (ie.: China) owned debt, and strained military, would be in a highly
unfavorable position to counter, or even effectively argue, any "opportunistic" adventures the Russians might undertake.
This, in turn led me to realize that the current financial predictament the US faces is eerily analogous to the economic/political crisis faced by the
old Soviet Union 20 some odd years ago.
The Worm has Turned, and now the Sabat
(look it up!) is on the other foot!
I think it might be prudent for everyone to "Prepare for Contingencies" like those faced by the Russian citizenry when the Soviet Union encountered
One other thing to consider: It has been said that the final collapse of the Soviet Union was At Least
hastenedd (if not actually
) by the US, under Ronald Reagan, by forcing the USSR into an intense, financially devasting, arms race.
The defeat was not Military
in nature, but Monetary
Payback, as they say, is a B****!