U.S. Civil War has become a popular topic of late, but as it turns out, what nearly everyone thinks they know about hat event is wrong, in part – and this part is very significant. My high school and university history classes left me with the impression that the war was fought over the issue of slavery: the “North” (good guys) was against slavery and wanted it abolished; the “South” (bad guys) wanted to keep the slaves, so they all went to war. Good guys won, bad guys lost, slaves got their freedom, and the world was made a better place. That, in a nutshell, is what I thought I knew about the Civil War. I’m not sure why I had that idea so, to make sure I wasn’t mistaken I conducted an informal survey among my American friends and acquaintances, all university educated people, some of them with advanced degrees. I asked about a dozen of them what they thought U.S. Civil War was about. To a person, all of them unhesitatingly answered that it was about the abolition of slavery. Furthermore, none of them were aware that Russia played any role at all in the Civil War. It struck me that maybe my friends and I all had the same basic idea about that event because we were meant to have that idea, which is now pretty much part of the popular culture. However, the popular interpretation omits some critical aspects of history. Continue reading
Mr. Putin can’t seem to get a break in the western media. I watched his recent interview with CBS’s Megyn Kelly with her tiresome, boring questions like, “did Russia interfere in our election,” “did your ambassador meet with Trump’s election officials,” “isn’t it true that you’re a corrupt murderous thug,” etc. Only in response to Kelly’s last question did Mr. Putin get to name a handful of his achievements in Russia. But someone ought to better prepare his talking points on this score. The below excerpt from my upcoming book summarizes how Russia has changed during the 17 years since Mr. Putin has been at helm.
After visiting with Julian Assange, former UK Ambassador Craig Murray reported on his blog: “I can tell you with 100% certainty that it is not any Russian state actor or proxy that gave the Democratic National Committee and Podesta material to WikiLeaks.” The full article is here: How to Really Really Upset the Foreign Office and Security Services.
Alex Krainer is an author and hedge fund manager based in Monaco. Recently he has published the book “Mastering Uncertainty in Commodities Trading“.
In an interview with Germany’s always fairly balanced Bild, NATO secretary general Jens Stoltenberg said that NATO can and must react to cyber-attacks, including with conventional military weapons, and that the 28 NATO member states will likely declare the cyberspace as an operational war zone. This makes total sense and all that’s missing from the interview is the reassurance that we’ve always been at war with Eurasia. I could not resist a repost here of my April 2014 article titled,