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« Brazil Resources: A Gold Company with Uranium Upside | Main | Japan Sees Key Role for Nuclear Power »
Sunday
Mar022014

Ukraine Was the 3rd Largest Nuclear Power & the Home of the Chernobyl disaster

Posted on March 2, 2014 by 

wo facts about Ukraine that seem to have been overlooked. Ukraine is the site of the famous Chernobyl disaster that took place the 26th of April 1986. To this day, when one vegetable grows twice the normal size, they call it a Chernobyl. The second fact is that Ukraine was the third largest nuclear power in the world.

Back in 1994, Ukraine had committed to transfer all of its nuclear weapons back to Russia in exchange for security commitments from Moscow. Those security agreements appear to be worthless. Had Ukraine retained the nuclear weapons, it is doubtful Putin could do as he likes. This is a very interesting question.

Putin holds all the cards and he knows Europe and the USA will blink. If history repeats, the EU will not match the USA and will take the soft road as they did with Hitler. It was Winston Churchill who warned them about Hitler and of course nobody listened to Winston. Only AFTER he proved correct did Winston rise in power. So Putin had a full house right now in this poker game. It is unlikely to see any major confrontation unfold until once again AFTER it has begun. That should be following October and the EU will of course not merely blink, they will keep their eyes firmly closed.

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Reader Comments (3)

And they should do what instead? If anyone thought Vlad would just sit by and give up control of the pipelines and a region as strategic as Ukraine to Russia's national interests, they're crazy ... and most of the crazies seem to be working for the state department and the CIA. Nice work guys. This isn't Russian imperialism as much as it is realpolitik. The US tried to stir up trouble on Russia's borders AGAIN. They succeeded, but immediately lost control of uprising and now the situation is a mess. What a surprise.

Ukraine needs money desperately? Who's gonna give it to them? The Russians? Not now. The US? They need $30-35 billion. The US has offered $1 billion. The IMF? Good luck with that. The EU? Yeah, right? They have LOTS of money to throw around.

The implication here is that the right thing to do would be for the Europeans/US to confront the Russians militarily via NATO...if they only had the nerve.

Right. Go swat the hornets nest next to your neighbor's house and then threaten him when he seeks to control the hornets. That's brilliant Martin.

March 3, 2014 | Unregistered Commenterfallingman

fallingman,

The imposition of sanctions would hurt, but we ask who has the most lose - the UK and most of the EU depend on Russian gas as the north sea and Norway are unable to increase supply.

They should have gone Nuclear years ago, as they say complacency today is captivity tomorrow.

So here we are well and truly stuck in it

Fingers crossed is about all Ive got left.

take care, Bob K

March 3, 2014 | Registered CommenterUranium Stocks

Well said. Complacency today is captivity tomorrow. That sums it up superbly.

Yeah, the Russians are master chess players. They have outplayed the west. The west's moves are limited.

The Russians will play the gas card if necessary, and it's not as Europe will choose to shiver in the dark. Vlad holds all the cards while neocon warmongers like McCain and the execrable Lindsey Graham yammer on about showing strength.

Strength comes from character and a sound economy based on sound money and sound economics. We have none of those. All we have is a bloated and parasitic military industrial complex and a political system populated by sociopaths.

March 4, 2014 | Unregistered CommenterFallingman

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