http://www.globalresearch.ca/washington-military-planners-have-gone-mad/5528874 To read the Western mainstream media, we would be led to believe that the big, bad Russian Bear, with Vladimir Putin atop, shaking a fistful of nuclear warheads, is confronting the West in the most threatening manner imaginable. We should believe Russia is provoking at every turn, frothing at the mouth and threatening to invade the Baltic countries and …
Michael T. Klare – The Desperate Plight of Petro-States
Pity the poor petro-states. Once so wealthy from oil sales that they could finance wars, mega-projects, and domestic social peace simultaneously, some of them are now beset by internal strife or are on the brink of collapse as oil prices remain at ruinously low levels. Unlike other countries, which largely finance their governments through taxation, petro-states rely on their oil …