Putin Doesn’t Bluff, by James Rickards

If Putin does what he says he’s going to do in Ukraine, he will dominate that country unless the U.S. does something about it. In so doing, the U.S. risks escalating the conflict to nuclear war. From James Rickards at dailyreckoning.com:

The war in Ukraine has been in a partial hiatus for the past two months. But that hiatus is coming to an end as Russia prepares its next move. Today, we’re looking ahead to what’s coming next.

And here’s a hint: We could be entering a very dangerous period.

First off, the situation on the ground in Ukraine is best understood as a competition between the narrative and reality.

The narrative consists of what you hear from mainstream media, the White House, the Pentagon, and official sources in the U.K., France, Germany and both EU and NATO headquarters in Brussels.

The narrative says that the Armed Forces of Ukraine, AFU, have beaten back Russian forces and reoccupied Kherson, which lies strategically on the Dnipro River, Kyiv’s main access to the Black Sea.

Based on these advances, the narrative says that Russia is in retreat, Russian troops are demoralized, Putin is in jeopardy of being replaced and complete victory for Ukraine is just a matter of time.

The narrative is then used as a basis for increased financial aid from the United States (over $60 billion and growing) and increased weapons shipments from NATO members.

Narrative vs. Reality

But as I’ve explained recently, the situation on the battlefield in Ukraine is almost completely at odds with the Western narrative.

It’s true that Ukraine made recent advances in the east, but they were against lightly defended Russian positions on or near open terrain.

Much has been made of Ukraine’s retaking of Kherson, but Russia regarded it as a city of little strategic value. Rather than waste resources fighting for it, they withdrew.

The Russians also let the Ukrainians have the open land, which will later become a killing field for Russian artillery. That’s the reality you’re not being told.

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