MUST READ!!! – The Importance Of The Cancellation Of South Stream

2012: What's the 'real' truth?

Up until now, I have thought the financial collapse likely would come sometime in February. In light of the breaking news today – and the information in this report, I have to wonder if it won’t come shortly after the first of the year. Of course, who am I? ~J

Source: TheVineyardoftheSaker
by Alexander Mercouris
December 3, 2014

The reaction to the cancellation of the Sound Stream project has been a wonder to behold and needs to be explained very carefully.

In order to understand what has happened it is first necessary to go back to the way Russian-European relations were developing in the 1990s.

Briefly, at that period, the assumption was that Russia would become the great supplier of energy and raw materials to Europe. This was the period of Europe’s great “rush for gas” as the Europeans looked forward to unlimited and unending Russian supplies. It was the increase…

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