Thursday, June 12, 2014

Putin Has Outsmarted the West



Unfortunately America seems to have really bungled this whole thing very badly. As you know, they’ve tried to instigate a coup in Ukraine against an elected government, and they did that somewhat successfully, but then they didn’t think through the consequences. Mr. Putin seems to have outsmarted us, Putin now is in control of Crimea, which Russians have controlled for many decades, so that’s not so unusual – what’s unusual is that America didn’t think through what they were doing, they seem to just react on a day-to-day basis, so now… Crimea is part of Russia, the Russians have more and more allies in Asia. I’m afraid America just didn’t think it through, they’ve bungled, they’ve acted on a day-to-day basis, and they’ve reacted to events instead of looking to the future and controlling events. Mr. Putin seems to have outsmarted Mr. Obama.

Why did they get involved in the first place? Because we have incompetence in the State Department, in Washington. I guess they thought that they could take over control of Ukraine, which will give America more influence in central Europe and would certainly damage Russia, but in the end it seems to have strengthened Russia and has damaged America. You know, politicians make mistakes; bureaucrats make mistakes all the time. Looks like this time it was America that made the mistakes, and not Russia. - in Russia Today





Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).
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