Saturday, December 27, 2014

The price of oil and our West Philippine Sea fortunes

At an oil price below $40 per barrel, Moscow's re-armament dreams will start to evaporate...

Unfortunately, Beijing's will gather even more steam...

And if you are Beijing, once you are awash with cutting-edge weapon systems, which would be an easier target?

The vast mineral-rich Russian territories east of the Urals?  Or those miniscule rock outcroppings in the West Philippine Sea?

Brilliant ex-KGB man Vladimir Putin can easily figure that out.

His Georgia and Ukraine (mis) adventures are beginning to bite him from behind.

He better reverse course soon before Beijing grabs a big piece of Asian Russia...

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