Send US Troops to Ukraine?

Coming off successes in Iraq and Afghanistan, it makes sense that the US should send troops to Ukraine, no?

When we first read this in the Washington Post, we thought it might be a late April Fools’ Day joke. Then we discovered the writer was sincere about it; apparently, James Jeffrey is a fool all year round:

‘The best way to send Putin a tough message and possibly deflect a Russian campaign against more vulnerable NATO states is to back up our commitment to the sanctity of NATO territory with ground troops, the only military deployment that can make such commitments unequivocal.

‘To its credit, the administration has dispatched fighter aircraft to Poland and the Baltic states to reinforce NATO fighter patrols and exercises. But these deployments, like ships temporarily in the Black Sea, have inherent weaknesses as political signals. They cannot hold terrain – the ultimate arbiter of any military calculus – and can be easily withdrawn if trouble brews.

‘Troops, even limited in number, send a much more powerful message. More difficult to rapidly withdraw once deployed, they can make the point that the United States is serious about defending NATO’s eastern borders.’

And why not?

The US has a global empire, supported by an unprecedented mountain of debt. All bubbles need to find their pins. And all empires need to blow themselves up. What Jeffrey is proposing is to speed up the process with more reckless troop deployments.

We’re with him all the way…

Push ol’ Humpty Dumpty off the wall and get it over with…so the US can go back to being a decent, normal country without phony ‘red alerts’…‘see something, say something’ snitches…and a trillion-dollar ‘security’ budget that reduces our safety.

But we doubt it will be that easy. Empires do not go gently into that good night. Instead, they rail…rant…and rave against the dying of the light.

They also make one awful mess of things. Empires depend on military force for their survival. And to meet their budget goals.

Typically, they steal things. In the Punic Wars, for example, the Romans filled an alarming budget gap by conquering the city of Tarentum. They then stole all that was portable…and sold its citizens into slavery.

Problem solved…for a while.

The US is unique in the annals of imperial history. It always imagines it will reap a rich reward — at least in status, if not in money — from its conquests. It never does.

President Wilson believed he would be hailed as a great international statesman. Instead, Europeans laughed at him and his 14 Points. (‘Even God himself only needed 10,’ quipped French prime minister Georges Clemenceau.)

President Johnson imagined a big ‘thank you’ from the Vietnamese. Instead, he got a ‘no thanks’ from Americans.

And President George W. Bush imagined the oil riches of Iraq flowing back to the homeland…only to end up with the most costly and unrewarding war in US history.

It is only because the US is so rich that it has been able to afford this kind of malarkey. But that is coming to an end. For much of the last 30 years, the imperial war machine has been financed mainly on credit — aided and abetted by a credit-crazed central bank.

How long this can go on is anyone’s guess. Probably no longer than the Fed’s credit bubble can continue to inflate.

In the meantime, the defence contractors, the military lobbyists, and the other zombies in the security industry will continue to push for more meddling — in Syria…Ukraine…heck, wherever…

The bubble must find its pin somewhere!


Bill Bonner
for Markets and Money

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Since founding Agora Inc. in 1979, Bill Bonner has found success and garnered camaraderie in numerous communities and industries. A man of many talents, his entrepreneurial savvy, unique writings, philanthropic undertakings, and preservationist activities have all been recognized and awarded by some of America’s most respected authorities. Along with Addison Wiggin, his friend and colleague, Bill has written two New York Times best-selling books, Financial Reckoning Day and Empire of Debt. Both works have been critically acclaimed internationally. With political journalist Lila Rajiva, he wrote his third New York Times best-selling book, Mobs, Messiahs and Markets, which offers concrete advice on how to avoid the public spectacle of modern finance. Since 1999, Bill has been a daily contributor and the driving force behind Markets and Money.

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