The Naval base is the line in the sand. Moscow wont pull out. JMO. As far as Eu goes in many ways other an attack on national sovereignty EU was never really clearly defined as far as I know. That works when economies are not falling apart. The recent French no vote against EU and todays Dutch No vote against EU shows the future way of EU. By the end of the decade EU wont exist even in its vauge theoretical way unless their is military action within EU to force alliances. This is one of the reasons I am a gold bug. Imagine what will happen to the price of gold when 25 EU countries start talking about going back to their old currency. The idea that the Bundesbank will make policy that will hurt Germany and benifit EU in a really rough economy is as big a fantasy as WMD's. It's worked until now but its days are numbered. Eu was rammed down the throats of Europeans with one very hard line. The Bundesbank could never screw the larger EU community because they remember WW2 all to well. HA! According to Steven Saville the Germans announced ( while Europes attention was on Blairs re-election in Englad and also anticipating the upcoming French vote )the next Bundesbank head.
He believes in pro inflation policies.
As Eu falls apart ( major devasting cracks will be in place by the end of the decade )all the newest members to EU ( which actually not in EU in reality yet ) will be left in no mans land and talk of Ukraine and Turkey entering will be a joke that the politicians will stop talking about rather than look like fools. Moscow will reassert its influence on Ukraine and maybe other former Soviet bloc countries.
Soros has warned that in this scenario the former Soviet Bloc countries, Hungary Slovakia etc. are going to get really whacked hard in the currency upheaval. I agree. The west will lose its ability to change policy in foreign countries simply by talk of letting them into the EU. JMO
Market Data 
Markets 
AI
