Ukraine Is Losing The War... And So Is Europe
ZeroHedge - BY TYLER DURDEN - THURSDAY, JUL 28, 2022
Authored by Oscar Silva-Valladares via The Ron Paul Institute,
Beyond the damage in Ukraine, the war also has significant casualties in the rest of Europe as the continent is losing its most competitive energy supplies, compromising the region’s manufacturing edge and accelerating an inflation wave that through higher energy costs will severely affect the wellbeing of its population this coming winter.
Europe has been trying for years to diversify its energy sources but it did not have a comprehensive contingency plan to counteract the impact of abruptly severing access to Russia’s oil and gas since the beginning of the Ukraine war. European politicians have grossly exaggerated the substitution potential of other energy sources (like LNG) and are facing the need to accept alternatives that not too long ago were considered politically unpalatable, like the reopening of coal production in Germany.
How did this gross miscalculation take place?
Clearly, the European leadership has been unable to foresee the true economic consequences in Europe and beyond of the economic war unleashed against Russia. One explanation for the boldness and self-confidence surrounding the European standing against Russia at the beginning of the war was a strong belief that the combination of anti-Russian sanctions and military support to Ukraine would cause a significant weakening of Russia’s political, social, and military standing leading to its defeat. This explains for instance bold statements that the war would only be solved in the field as was confidently said by the EU’s foreign affairs representative back in March.
It can be argued that the wrong assessment of the war outcome has its roots in faulty US-British intelligence which forecasted Russia’s defeat through economic warfare and, therefore, a limited impact of sanctions on Europe. This not being the case has now made European leadership scramble for solutions.
Meanwhile, the political fallout is already taking place, with Britain and Italy’s prime ministers being the most visible casualties as victims of domestic political events unleashed by their own Russian sanctions. More importantly, it doesn’t seem that the remaining European leadership (led by von der Leyen, Macron, and Scholz) is willing to change course without losing significant credibility.
On the other hand, dissenting and unorthodox European political views are sounding louder, as Hungarian prime minister Orban’s recent speech where he boldly mentioned that Russian sanctions and arming Ukraine have failed, Ukraine can’t win the war, the more weapons go to Ukraine the more territory it will lose and that the West should stop arming Ukraine and focus on diplomacy.
At the heart of Europe’s current troubles is its inability to balance its economic and security interests with enough autonomy to be able to look after its own interests. European ambiguity is not new, has its roots in the post-World War II architecture and the aftermath of the collapse of the Soviet Union, and in relation to Ukraine, it manifested in its ineptitude to enforce the Minsk agreements that clearly offered a Russo-Ukrainian peace path but were unable to be enforced by France and Germany due to the relentless US and Ukrainian pressure.
It seems that only significant political alterations in the European countries that matter -namely France, Germany, and Italy- will allow a meaningful change of course from the current path of confrontation with Russia and ultimately economic self-destruction. Otherwise, any political initiative toward solving the war will be left in the hands of Russia and the United States and, if that is the case, any lasting agreement will not have European interests at heart. It would be tragic that a core European problem like the Ukraine war is finally solved through the dealings of a Euro-Asian and American power.
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Oscar Silva-Valladares is a former investment banker that has lived and worked in North and Latin America, Western & Eastern Europe, Saudi Arabia, Japan, the Philippines, and Western Africa. He currently chairs Davos International Advisory, an advisory firm focused on strategic consulting across emerging markets.
Editors Commentary:
*Follow the WEF trail to Switzerland to discover the Khazarian Mafia hiding behind Klaus Schwab and his cohorts. The US and its people have nothing to do with the disasters caused to the ordinary people of the Earth.
The Khazarians have once again constructed an intricate web, whose aim is to destroy the world's economy by setting people up against each other, blocking each other's supply chains, and leaving just death and ruins.
What everybody must be aware of is that this is not a war to prevent Putin from occupying Ukraine, but an attempt by the evil Khazarian Jews/WEF/NATO to control yet another country in their growing New World Order. They are simply using Ukraine as a battlefield. Their plan is to destroy totally the world's economy and turn the population into slaves.
Like the Freemasons, they have also life-threatening rules in their membership, one being REVENGE, 10 times harder than was ever perpetrated on them.
Russia in particular, in the past, has expelled the Khazars several times. I have all of 7 detailed articles in book format on the Khazarian Jews if anybody is interested in further information.
Putin, and earlier also Trump, are the ONLY Presidents who have enough guts to see what they are attempting to do to the world population and have sufficient courage to do something about it.
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WHO and WHAT is behind it all? : >
The bottom line is for the people to regain their original, moral principles, which have intentionally been watered out over the past generations by our press, TV, and other media owned by the Illuminati/Bilderberger Group, corrupting our morals by making misbehavior acceptable to our society. Only in this way shall we conquer this oncoming wave of evil.
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