I have said since February 2014 that should Russia feel even slightly inconvenienced by the US/EU sanctions or restrictive attitudes, off to the East they go. I pointed out that the immediate and sweeping result of any Western anti-Russian sanctions will be Russia’s decisive turning away from Europe and West in general, and focusing on Asia. I also warned that Europe will eventually start feeling the pinch, not to mention, the US dollar’s demise will be expedited.
And here it is!
Since May 2014, Putin already signed mega-deals with China, including the Holy Grail multi-year gas deal and various trade, transportation, and tourism deals. Eurasian Union with Belarus and Kazakhstan (Armenia, Kyrgyzstan, Tadzhikistan on the standby) was officially formed. Eurasian Union will be gradually expanding and it will be interesting to see when the stampede to join the EAU starts. I have some predictions about that, which I may share…
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