Subjectivist wrote:You ask if its really that bad. The EU gets over 25% of thei natural gas directly from Russia. How long they can anger Russia is directly proportional to how much storage they have and what price they are willing to pay Russia in the future. I get the distinct impression that Mr. Putin does not forget and forgive threats from those who need him more than he needs them. If you are able to prove yourself an equal he will respct you, but if you are a needy greedy customer, not so much respect.
The West should never bow to threats or bullying. Berlin was supplied with an airlift in the '60s. If we are in fact that dependent on a Russia with an uncertain future, then perhaps we shouldn't be so dependent. Or at minimum, alternatives need to be in the pipeline, and NATO needs a plan to address this very contingency.
If we do not.. if the West is at Putin's mercy.. then we can be bullied same as Ukraine. If not Putin, then the next Russian dictator, which we have no idea who that would be or if Russia will ever tack back to regular euro type democracy.
But anyhow I think there's progress being made in negotiations, we'll see.
Along the lines of what you just said Subj, "why sanctions won't ever happen:"
Siemens CEO Explains Why Russian Sanctions Will Never Happen
With the UK rapidly backing away from sanctions against the Russians (and the Russians suggesting the confiscation of US and EU assets should sanctions occur), it appears
President Obama is becoming increasingly isolated in his calls for sanctions. As the CEO of Siemens - Germany's massive industrial conglomerate explains
Russian natural gas provides “lifeblood” to western Europe and there is substantial “dependency.”
Siemens CEO Explains Why Russian Sanctions Will Never Happen
Via WSJ,
The head of German industrial conglomerate Siemens AG said
he doesn’t expect European governments will press hard for sanctions against Russia in response to the Kremlin’s authorization to potentially deploy troops into Ukraine.
Siemens President and Chief Executive Joe Kaeser was asked about the situation in Ukraine during an appearance at the IHS CERAWeek energy conference in Houston, Texas. He said it was important to remember that Russian natural gas provides “lifeblood” to western Europe and there is substantial “dependency.”
“
Maybe the American people or the government or whoever raises their eyebrows can say how could the Europeans be so moderate on the debate over sanctions. Guess what? You don’t want to sanction anyone you depend on,” Mr. Kaeser said.
...
Mr. Kaeser went on to say the
U.S. is in a better position to consider economic sanctions against Russia because of its recent surge in oil and gas production.
http://www.zerohedge.com/news/2014-03-05/siemens-ceo-explains-why-russian-sanctions-will-never-happen
Hm, well gee, I guess this is why Ronald Reagan was against those pipelines.
If this globalism winds up keeping world peace then I suppose it works out for the best,
but if it just chains the West to Putin like we're all a Belarus or Ukraine -- with Russia free to do whatever it wants to do and invade anywhere -- then that sucks.