Had dinner with a Missionary yesterday. He travels to Ukraine, Russia, Mongolia and China six times a year. He just came back from the Ukraine last week and says the battle field is being prepared. The drop in oil prices is devastating the people in the area as there are no jobs. The cities in the eastern part of Ukraine are ghost towns. People from the former soviet republics are turning in their passports and being issued Russian documents. They have accomplished this without firing a shot.
The economic war the west is waging on Putin is having a huge impact. He has yet to move a Chess piece against his foes. He could cut off energy to Europe. He could stand for delivery on the Comex. In any event he is being backed into a corner by the west. It will be interesting to see how it all works out.