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Regis Tremblay's avatar

Excellent, Andrew. But there is one other thing to be considered. Many economists, and even the CEO of Chase Manhattan Bank, Jamie Dimon, are predicting an imminent collapse of the US economy. With a 34 Trillion dollar debt rising rapidly, inflation, record high personal debt, an infrastructure that is collapsing, a deplorable educational system, and deep divisions politically and culturally across the US, the present US trajectory is not sustainable. My hope is that this scenario happens and none too soon. The US simply will not be able to maintain 800 military bases in some 80 countries, massive fleets in all the oceans, and the enormous price of continuing the war in Ukraine.

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BearInMind's avatar

Thank you for great post, Andrew. I agree that it would be too politically damaging for Kiev and especially the West. While it may be tempting to sign another Minsk Agreement which would allow Ukraine to rearm and resupply under such an agreement, it would come with the recognition of the current contact line and the division of Ukraine. Accepting the loss of territories and pulling out of two major cities recognized by Russia as their territory, while technically still under Ukrainian rule, would be an admission of defeat. Even mainstream media would find it challenging to paint it as a victory.

This is precisely why Putin offered this deal. It’s designed to be rejected, but on the record, it shows that goodwill is on Russia’s side.

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