If even George Soros is getting concerned and writing Op-Eds, then Putin must be truly winning.
Here are the highlights from what the Open Society founder has to say about the “existential” Russian threat in a just released Op-Ed:
Europe is facing a challenge from Russia to its very existence. Neither the European leaders nor their citizens are fully aware of this challenge or know how best to deal with it. I attribute this mainly to the fact that the European Union in general and the eurozone in particular lost their way after the financial crisis of 2008.
Getting warmer:
[Europe] fails to recognize that the Russian attack on Ukraine is indirectly an attack on the European Union and its principles of governance. It ought to be evident that it is inappropriate for a country, or association of countries, at war to pursue a policy of fiscal austerity as the European Union continues to do.
Even warmer:
All available resources ought to be put to work in the war effort even if that involves running up budget deficits
And hot, hot, hot:
[IMF] should provide an immediate cash injection of at least $20 billion, with a promise of more when needed. Ukraine’s partners should provide additional financing conditional on implementation of the IMF-supported program, at their own risk, in line with standard practice.
And there it is: the Russian “existential” war threat is, to Soros, nothing but an excuse to end the whole (f)austerity experiment (just don’t show Soros Europe’s latest record high debt load), and to return to its drunken sailor spending ways.
…click on the link above to read the rest of the article…
