Hegemon Orders Europe: Bet On War & Steal Russia’s Money

Authored by Pepe Escobar,

The Swiss “peace” kabuki came and went – and the winner was Vladimir Putin. He didn’t even have to show up…

None of the Big Players did. Or in case they sent their emissaries, there was significant refusal to sign the vacuous final declaration – as in BRICS members Brazil, India, Saudi Arabia, UAE and South Africa.

Without BRICS, there’s absolutely nothing the collective West – as in The Hegemon and assorted vassals – can do to alter the proxy war chessboard in Ukraine.

In his carefully calibrated speech to diplomats and the leadership of Russia’s Ministry of Foreign Affairs, Putin delineated an incredibly restrained and strategic approach to solve the Ukraine problem. In the context of the Hegemon’s escalatory green light – actually in practice for several months now – for Kiev to attack deeper into the Russian Federation, Putin’s offer was extremely generous.

That is a direct offer to the Hegemon and the collective West – as the sweaty T-shirt actor in Kiev, apart from illegitimate, is beyond irrelevant.

Predictably, NATO – via that epileptic slab of Norwegian wood – already proclaimed its refusal to negotiate, even as some relatively awake members of the Verkhovna Rada (Ukraine’s parliament) started discussing the offer, according to Duma Chairman Vyacheslav Volodin.

Moscow sees the Verkhovna Rada as the only legitimate entity in Ukraine – and the only one with which would be possible to reach an agreement.

Russian UN representative Vasily Nebenzya cut to the chase – diplomatically: if the generous proposal is refused, next time conditions for starting negotiations will be “different”. And “far more unfavorable”, according to Duma Defense Committee head Andrei Kartapolov.

As Nebenzya stressed that in case of a refusal the collective West will bear full responsibility for further bloodshed, Kartapolov elaborated on the Big Picture: Russia’s real target is to create a whole new security system for the Eurasian space.

And that, of course, is anathema to the Hegemon’s elites.

Putin’s security vision for Eurasia harks back to this legendary speech at the Munich Security Conference in 2007. Now, with the steady advance of an irreversible multi-nodal (italics mine) and multi-centric new system of international relations, the Kremlin is pressing for an urgent solution – considering the extremely dangerous escalation of these past few months.

Putin once again had to remind the deaf, dumb and blind of the obvious:

“Calls to inflict a strategic defeat on Russia, which has the largest arsenal of nuclear weapons, demonstrate the extreme adventurism of Western politicians. They either do not understand the scale of the threat they themselves create, or they are simply obsessed with the belief in their own immunity and their own exclusivity. Both can turn into a tragedy”.

They remain deaf, dumb and blind.

A proposal that does not solve anything?

A fiery debate is raging in informed circles in Russia about Putin’s proposal. Critics blast it as a capitulation – forced by selected oligarchs and influential business circles, adverse to an “almost war” (the preferred motto) that keeps postponing the inevitable decapitation strike.

Critics argue that the military strategy is totally subordinated to a political strategy. And that would explain the serious problems in the Black Sea and in Transnistria: the political center of power refuses to conquer the number one economic/military target, which is Odessa.

Additionally, Ukraine’s weapon supply chains are not being properly interrupted.

The key critical point is “this is taking too long”. One just needs to look at the example of Mariupol.

In 2014, Mariupol was left in the control of nazi-banderista gangs as part of a financial deal with Rinat Akhmetov, the owner of the Azovstal works. That’s a classic case of oligarchs and financiers prevailing over military objectives.

Putin’s generosity, visible in this latest peace offer, also elicits a parallel with what happened in Dara’a in Syria: Russia also negotiated what looked at first like a peace deal. Yet Dara’a remains a mess, extremely violent, with Syrian and Russian soldiers at risk.

It gets really tricky when the current proposal only asks NATO not to be encroached in Kiev; but at the same time Kiev will be allowed to have an army, based on the (aborted) April 2022 negotiations in Istanbul.

Critics also argue that Putin seems to believe that this proposal will solve the war. Not really. A real de-nazification campaign is an affair of decades – involving everything from full demilitarization to eradicating focuses of extremist ideology. A real cultural revolution.

The current escalation already is in tune with the orders given by the rarefied plutocracy who really runs the show to messengers – and operatives: nazi-banderista gangs will unleash a War of Terror inside Russia for years. From Ukraine territory. Just like Idlib in Syria remains a terror-friendly environment.

The Odessa file

Putin’s strategy may be on to something that escapes his critics. His wish for a return of peace and the re-establishment of sound relations with Kiev and the West has got to be a ruse – as he’s the first to know that’s not gonna happen.

It’s clear that Kiev will not willingly cede territory: these will have to be conquered in the battlefield. Moreover NATO simply cannot sign its cosmic humiliation on the dotted line, accepting that Russia will get what it is demanding since February 2022.

Putin’s first – diplomatic – objective though has already been met. He has clearly demonstrated to the Global Majority he’s open to solve the dilemma in a serene atmosphere, while discombobulated NATO keeps shrieking “War!” every other minute.

The Hegemon wants war? So war it will be – to the last Ukrainian.

And that brings us to the Odessa file.

Putin, crucially, did not say anything about Odessa. This is Kiev’s last chance saloon to keep Odessa. If the peace proposal is rejected for good, Odessa will feature in the next list of non-negotiables.

Foreign Minister Sergey Lavrov, once again, nailed it: “Putin is patient. Those with ears will hear, those with brains will understand”.

No one should expect working brains popping up across the West. Hungarian Prime Minister Viktor Orban has confirmed how NATO is planning massive installations in Poland, Romania and Slovakia to “coordinate transfer of weapons to Ukraine”.

Add to it the epileptic slab of Norwegian wood stating that NATO is “discussing” bringing their nuclear weapons to a state of combat readiness “in the face of the growing threat from Russia and China”.

Once again Old Stolty gives away the game: note this is all about the Hegemon’s paranoia with the top two “existential threats”, the

Russia-China strategic partnership. That is, the leaders of BRICS coordinating the drive towards a multipolar, multi-nodal (italics mine), “harmonic” (Putin’s terminology) world.

Stealing Russian money is legal

Then there’s the blatant theft of Russian financial assets.

At their sorry spectacle in Puglia, in southern Italy, the G7 – in the presence of the illegitimate sweaty T-shirt actor – agreed to shove an extra $50 billion in loans to Ukraine, funded by the interest on Russia’s frozen and for all practical purposes stolen assets.

With impeccably twisted logic, Italian Prime Minister Giorgia Meloni – whose hairdressing and wardrobe revamp conclusively did not apply to her brains – said that the G7 “will not confiscate frozen assets of the Russian Federation”; “we are talking about the interest that they accumulate over time.”

As financial scams go, this one is a thing of beauty.

Essentially, the main customer (the Hegemon) and its instrument (the EU) are trying to mask the actual theft of those “frozen” Russian sovereign assets as if this was a legal transaction.

The EU will transfer the “frozen” assets – something around $260 billion – to the status of collateral for the American loan. That’s the whole thing – because only the income deriving from the assets would not be enough as collateral to secure the loan.

It gets even dicier. These funds will not leave Washington for Kiev; they will remain in town to the benefit of the industrial-military complex churning out more weapons.

So the EU steals the assets, under a flimsy legalese pretext (Janet Yellen already said it’s OK) and transfers them to the U.S. Washington is immune if everything goes wrong – as it will.

Only a fool would believe that the Americans would give a sizable loan to a de facto country 404 with a sovereign debt rating in the abyss. The dirty job is assigned to the Europeans: it’s up to the EU to change the status of Russia’s stolen/”frozen” assets to collateral.

And wait for the ultimate dicey gambit. The whole scheme concerns Euroclear, in Belgium – where the largest amount of Russian funds is parked. Yet the decision on this money-laundering scam was not taken by Belgium, and not even by the EUrocrats.

This was a Hegemon-imposed G7 decision.

Belgium is not even part of the G7. Yet in the end, it will be the EU’s “credibility” as a whole that will go down the drain across the whole Global Majority.

And the deaf, dumb and blind, predictably, are not even aware of it.