Tomorrow is the vote on whether or not Crimea will stay part of the Ukraine or join Russia. Personally, I think the election has already been decided, and that what occurs tomorrow is just a formality. The Russians have already decided the results of the vote.
Several things have occurred that make me think that we may face some serious problems as a result of this action. The Drudge News indicates that Russia has been pulling billions of dollars out of western banks, because they are concerned about possible sanctions.
Sherbank and VTB large Russian banks that are partly owned by the government and other state owned enterprises are among the companies pulling money out. This indicates to me that the Russian Government may be expecting sanctions.
In the last few days there have been several news items showing that Russian troops have been massing along the eastern Ukraine border. At the same time, there have been more civil disruptions in areas of the Ukraine that have a large Russian population.
This morning there are reports that Russian troops backed by helicopter gunships and armored vehicles have occupied a village and a natural gas distribution station in Ukrainian that is outside of the Crimea. There has also been additional violence in Kharkiv and Donetsk two towns in eastern Ukraine. At least two people were reported shot in Kharkiv.
There have been some reports that Kerry has given Russia some type of ultimatum to pull back by Monday or we would take some unspecified action against them. This is presumed to be sanctions not military action.
I believe that the Crimea is a done deal the Russians will keep it. In addition, Russia may very well occupy the eastern Ukraine which will result in heavy sanctions. This may result in Russia cutting of gas and oil to Europe.
Now you may be wondering how this can impact us. First, if sanctions are applied it will affect us economically and may put us into a economic war. If the Chinese come in on the Russian side, they will have the ability to destroy our economy.
Any Sanctions that are applied will affect the economies of Europe and the United States enough to at least cause some unemployment and worst case could result in a TEOTWAWKI situation.
For the next few days, stay alert and don’t be distracted by the missing plane that the news media’s are focusing on.