| Revival of orthodoxy in Russia as a result of premature death of communism and Arab lost of political capital has now made new strange bedfellows. I will not at all be surprised if a new Russian-Arab-Iran- Indian axis is not in offing, theocracy joining hand with largest dormant nuke force to save its own skin, the dormant nuke power more than happily playing the game to get investment and cash. European Union san UK acting as neutral may help us see some global political divisions in next few years that may bring the memory of cold war, too many 'political and economic orphans cry about US global reach and wish the return of old aura. This is a new axis of some puritans others evil but the purpose remains the same to re-ignite the polarisation of cold war, Russians always short of cash and clout may see this as an opportunity to align with forces in ME, some in ME may find this as new political elixir. I see a strong movement of shift of economic assets in next few months associated with the recent lawsuit by victims of 911. This is new politics with new dimensions and realities. Kabul type change of government in Baghdad may lead to fall of Saddam, all this 40 billion is crap, Iraq is practically bankrupt and its income mortgaged for foreseeable future to the extent of 70% to pay for the follies of Kuwait invasion, but Russian experts in the field may help the Iraqi evade direct hits on its assets, may be that is the goal, to get ‘hostages’ that may act as shields through investment, who may have the balls to attack Iraq if thousands of Russian experts inundate Iraq like Egypt in pre 73 days. It is really dirty brinkmanship on part of Putin to play this game. However in the same vain the economics of this whole unholy Iraqi Russian deal stinks and does not add up together. |
